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WDC » Topics » Short-Term Investments

This excerpt taken from the WDC 10-K filed Aug 28, 2007.
Short-Term Investments
 
The Company’s short-term investments consist primarily of auction rate securities, which are short-term 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.” These investments are carried at fair value.
 
This excerpt taken from the WDC 10-K filed Nov 20, 2006.
Short-Term Investments
 
The Company’s short-term investments consist primarily of auction rate securities, which are short-term 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.” These investments are carried at fair value.
 

EXCERPTS ON THIS PAGE:

10-K
Aug 28, 2007
10-K
Nov 20, 2006

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