Using Seagates annual report, perform a horizontal analysis using 2016 as base year

SEAGATE TECHNOLOGY PLC CONSOLIDATED BALANCE SHEETS (In millions, except share and per share data) Current assets: Cash and cash equivalents 2.539% 1,125 Short-term investments Accounts receivable, net 1318 Inventories Other current assets Total current assets Property, equipment and leaschold improvements, net Goodwill Other intangible assets, net Deferred income taxes Other assets, net 513 237 Total Assets LIABILITIES AND EQUITY Current liabilities: Accounts payable % LA 6% L517 Accrued employee compensation 237 Accrued warranty 113 Accrued expenses Total current liabilities Long-term accrued warranty Long-term accrued income taxes Other non-current liabilities Long-term debt 1e2 15 122 Total Liabilities Commitments and contingencies (See Notes 14 and 15) Shareholders' Equity ,904 Preferred shares, $0.00001 par value per share-100,000,000 authorized; no shares issued or outstanding Ordinary shares, S0.00001 par value per share 1250,000,000 authorized: 291.799,561 issued and outstanding at June 30, 2017 and 298,572.217 issued and outstanding at July 1, 2016 Additional paid-in capital Accumulated other comprehensive loss Accumulated deficit 5,929 (17) 125) Total Shareholders' Equity Total Liabilities and Equity 1.364 213 See notes to consolidated financial statements 51