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Earnings Per Share
 6 Months Ended
Feb. 27, 2014
Disclosure Text Block [Abstract]  
Earnings Per Share
Earnings Per Share

Basic earnings per share is computed based on the weighted-average number of common shares outstanding.  Diluted earnings per share is computed based on the weighted-average number of common shares outstanding plus the dilutive effects of equity awards and convertible notes.  Potential common shares that would increase earnings per share amounts or decrease loss per share amounts are antidilutive and are therefore excluded from diluted earnings per share calculations.  Antidilutive potential common shares that could dilute basic earnings per share in the future were 45 million and 41 million for the second quarter and first six months of 2014, respectively, and 384 million for the second quarter and first six months of 2013.

 
 
Quarter Ended
 
Six Months Ended
 
 
February 27,
2014
 
February 28,
2013
 
February 27,
2014
 
February 28,
2013
Net income (loss) available to Micron shareholders – Basic and Diluted
 
$
731

 
$
(286
)
 
$
1,089

 
$
(561
)
 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding – Basic
 
1,060

 
1,016

 
1,053

 
1,015

Net effect of dilutive equity awards and convertible notes
 
141

 
—

 
146

 
—

Weighted-average common shares outstanding – Diluted
 
1,201

 
1,016

 
1,199

 
1,015

 
 
 
 
 
 
 
 
 
Earnings (loss) per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.69

 
$
(0.28
)
 
$
1.03

 
$
(0.55
)
Diluted
 
0.61

 
(0.28
)
 
0.91

 
(0.55
)