WDC » Topics » Property and Equipment

These excerpts taken from the WDC 10-K filed Aug 20, 2008.
Property and Equipment
 
The property and equipment acquired was valued at current replacement cost for similar assets. Land and buildings were estimated at fair value on September 5, 2007, the date of the Acquisition. The following table summarizes the estimated fair value of the property and equipment acquired from Komag and their estimated useful lives:
 
                 
          Estimated
 
    Estimated Fair
    Weighted-Average
 
    Value     Useful Life  
    (in millions)     (in years)  
 
Land leases
  $ 17       36.8  
Buildings and improvements
    224       17.8  
Equipment
    416       5.0  
                 
Total property and equipment
  $ 657       10.3  
                 
 
Property
and Equipment



 



The property and equipment acquired was valued at current
replacement cost for similar assets. Land and buildings were
estimated at fair value on September 5, 2007, the date of
the Acquisition. The following table summarizes the estimated
fair value of the property and equipment acquired from Komag and
their estimated useful lives:


 

























































































































                 

 

 

 

 

 

Estimated



 

 

 

Estimated Fair



 

 

Weighted-Average



 

 

 

Value

 

 

Useful Life

 

 

 

(in millions)

 

 

(in years)

 
 


Land leases


 

$

17

 

 

 

36.8

 


Buildings and improvements


 

 

224

 

 

 

17.8

 


Equipment


 

 

416

 

 

 

5.0

 

 

 

 

 

 

 

 

 

 


Total property and equipment


 

$

657

 

 

 

10.3

 

 

 

 

 

 

 

 

 

 






 




This excerpt taken from the WDC 10-K filed Aug 28, 2007.
Property and Equipment
 
The cost of property and equipment is depreciated over the estimated useful lives of the respective assets. The Company’s buildings are being depreciated over periods ranging from fifteen to thirty years. The majority of the Company’s equipment is being depreciated over periods of three to seven years. Depreciation is computed on a straight-line basis. Leasehold improvements are amortized over the lesser of the estimated useful lives of the assets or the related lease terms.
 
This excerpt taken from the WDC 10-K filed Nov 20, 2006.
Property and Equipment
 
The cost of property and equipment is depreciated over the estimated useful lives of the respective assets. The Company’s buildings are being depreciated over periods ranging from fifteen to thirty years. The majority of the Company’s equipment is being depreciated over periods of three to seven years. Depreciation is computed on a straight-line basis. Leasehold improvements are amortized over the lesser of the estimated useful lives of the assets or the related lease terms.
 
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