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Micron Shareholders' Equity and Noncontrolling Interests in Subsidiaries
 9 Months Ended
May 30, 2013
Disclosure Text Block [Abstract]  
Micron Shareholders' Equity and Noncontrolling Interests in Subsidiaries
Micron Shareholders' Equity and Noncontrolling Interests in Subsidiaries

Changes in the components of equity were as follows:
 
 
Nine Months Ended May 30, 2013
 
Nine Months Ended May 31, 2012
 
 
Attributable to Micron
 
Noncontrolling Interests
 
Total Equity
 
Attributable to Micron
 
Noncontrolling Interests
 
Total Equity
Beginning balance
 
$
7,700

 
$
717

 
$
8,417

 
$
8,470

 
$
1,382

 
$
9,852

 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
 
(518
)
 
2

 
(516
)
 
(789
)
 
—

 
(789
)
Other comprehensive income (loss)
 
(11
)
 
1

 
(10
)
 
(52
)
 
(5
)
 
(57
)
Comprehensive income (loss)
 
(529
)
 
3

 
(526
)
 
(841
)
 
(5
)
 
(846
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquisition of noncontrolling interests
 
—

 
—

 
—

 
—

 
(466
)
 
(466
)
Contribution from noncontrolling interests
 
—

 
11

 
11

 
—

 
151

 
151

Distributions to noncontrolling interests
 
—

 
(33
)
 
(33
)
 
—

 
(387
)
 
(387
)
Capital and other transactions attributable to Micron
 
157

 
—

 
157

 
182

 
—

 
182

Ending balance
 
$
7,328

 
$
698

 
$
8,026

 
$
7,811

 
$
675


$
8,486



2013 Capped Call Transactions

Concurrent with the issuance of the 2033E and 2033F Notes, on February 6, 2013 and February 12, 2013, we entered into capped call transactions (the "2013E Capped Calls" and "2013F Capped Calls," collectively the "2013 Capped Calls") that have an initial strike price of approximately $10.93 per share, subject to certain adjustments, which was set to equal the initial conversion price of the 2033 Notes. The 2013 Capped Calls have a cap price of $14.51 per share and cover, subject to anti-dilution adjustments similar to those contained in the 2033 Notes, an approximate combined total of 54.9 million shares of common stock. The 2013E Capped Calls expire on various dates between January and February 2018, and the 2013F Capped Calls expire on various dates between January and February 2020. The 2013 Capped Calls are intended to reduce the effect of potential dilution upon conversion of the 2033 Notes. The 2013 Capped Calls may be settled in shares or cash, at our election. Settlement of the 2013 Capped Calls in cash on their respective expiration dates would result in us receiving an amount ranging from zero, if the market price per share of our common stock is at or below $10.93, to a maximum of $196 million if the market price per share of our common stock is at or above $14.51. We paid $48 million to purchase the 2013 Capped Calls. The 2013 Capped Calls are considered capital transactions and the related cost was recorded as a charge to additional capital.

2009 Capped Call Transactions

Concurrent with the issuance in April 2009 of our 4.25% Convertible Senior Notes due 2013, we entered into capped call transactions (the "2009 Capped Calls") covering approximately 45.2 million shares of common stock with an initial strike price of approximately $5.08 per share and a cap price of $6.64 per share.  The 2009 Capped Calls expired in October, 2012 and November, 2012.  We elected cash settlement and received $24 million in the first quarter of 2013.

Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss), net of tax, attributable to Micron shareholders at the end of each period, as well as other comprehensive income for the nine months ended May 30, 2013, were as follows:

 
 
As of
August 30,
2012
 
Other Comprehensive Income
 
As of
May 30,
2013
Cumulative foreign currency translation adjustments
 
$
49

 
$
2

 
$
51

Gain (loss) on derivatives, net
 
31

 
(10
)
 
21

Gain (loss) on investments, net
 
1

 
(2
)
 
(1
)
Pension liability adjustments
 
(1
)
 
(1
)
 
(2
)
Accumulated other comprehensive income
 
$
80

 
$
(11
)
 
$
69