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WDC » Topics » Investments

These excerpts taken from the WDC 10-K filed Aug 20, 2008.
Investments
 
The Company’s investments consist primarily of auction-rate securities, which are investments in bonds with original maturities greater than 90 days. The Company has classified these investments as “available for sale” securities under Statement of Financial Accounting Standards (“SFAS”) No. 115 “Accounting for Certain Investments in Debt and Equity Securities” and are carried at fair value.
 
Investments


 



The Company’s investments consist primarily of auction-rate
securities, which are investments in bonds with original
maturities greater than 90 days. The Company has classified
these investments as “available for sale” securities
under Statement of Financial Accounting Standards
(“SFAS”) No. 115 “Accounting for Certain
Investments in Debt and Equity Securities” and are carried
at fair value.


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Aug 20, 2008

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