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Micron Shareholders' Equity and Noncontrolling Interests in Subsidiaries
 3 Months Ended
Nov. 28, 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:

 
 
Quarter Ended November 28, 2013
 
Quarter Ended November 29, 2012
 
 
Attributable to Micron
 
Noncontrolling Interests
 
Total Equity
 
Attributable to Micron
 
Noncontrolling Interests
 
Total Equity
Beginning balance
 
$
9,142

 
$
864

 
$
10,006

 
$
7,700

 
$
717

 
$
8,417

 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
 
358

 
23

 
381

 
(275
)
 
—

 
(275
)
Other comprehensive income (loss)
 
5

 
—

 
5

 
3

 
—

 
3

Comprehensive income (loss)
 
363

 
23

 
386

 
(272
)
 
—

 
(272
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Contribution from noncontrolling interests
 
—

 
49

 
49

 
—

 
—

 
—

Distributions to noncontrolling interests
 
—

 
(9
)
 
(9
)
 
—

 
—

 
—

Capital and other transactions attributable to Micron
 
(286
)
 
—

 
(286
)
 
41

 
—

 
41

Ending balance
 
$
9,219

 
$
927

 
$
10,146

 
$
7,469

 
$
717

 
$
8,186



Capped Calls

Issued and Outstanding Capped Calls: We have entered into a series of capped call transactions intended to reduce the effect of potential dilution upon conversion of the 2031, 2032 and 2033 Notes which may be settled in shares or cash, at our election. The capped calls transactions are considered capital transactions and the related cost was recorded as a charge to additional capital.

The following table presents information related to the issued and outstanding capped calls as of November 28, 2013.

Capped Calls
 

 
 
 
Strike Price(1)
 
Cap Price Range
 
Common Shares Covered
 
Value at Expiration(2)
 
Expiration Dates
 
 
Low
 
High
 
 
Minimum
 
Maximum
2031
 
Jul 2014
 -
Feb 2016
 
$
9.50

 
$
11.40

 
$
13.17

 
73

 
$
—

 
$
207

2032C
 
May 2016
 -
Nov 2017
 
9.80

 
14.26

 
15.69

 
56

 
—

 
307

2032D
 
Nov 2016
 -
May 2018
 
10.16

 
14.62

 
16.04

 
44

 
—

 
244

2033E
 
Jan 2018
 -
Feb 2018
 
10.93

 
14.51

 
14.51

 
27

 
—

 
98

2033F
 
Jan 2020
 -
Feb 2020
 
10.93

 
14.51

 
14.51

 
27

 
—

 
98

 
 
 
 
 
 
 
 
 
 
 
 
227

 
$
—

 
$
954

(1) 
Initial strike prices are subject to certain adjustments.
(2) 
Settlement in cash on the 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 the respective low strike price, to the respective maximum amount if the market price per share of our common stock is at or above the respective high cap price. If share settlement were elected, the number of shares repurchased would be determined by the value of the capped calls at the time of settlement divided by the share price on the settlement date.

Accumulated Other Comprehensive Income (Loss)

The changes in accumulated other comprehensive income (loss) by component in the first quarter of 2014 were as follows:

 
 
Cumulative Foreign Currency Translation Adjustments
 
Gains (Losses) on Derivative Instruments, Net
 
Gains (Losses) on Investments, Net
 
Pension Liability Adjustments
 
Total
August 29, 2013
 
$
44

 
$
21

 
$
—

 
$
(2
)
 
$
63

Other comprehensive income before reclassifications
 
6

 
(2
)
 
1

 
—

 
5

Net other comprehensive income (loss)
 
6

 
(2
)
 
1

 
—

 
5

November 28, 2013
 
$
50

 
$
19

 
$
1

 
$
(2
)
 
$
68



In the first quarter of 2014, amounts reclassified from accumulated other comprehensive income were de minimis. Gains on derivative instruments in accumulated other comprehensive income (loss) reclassified to cost of goods sold were $3 million in the first quarter of 2013.