Restucture and Asset Impairments

9 Months Ended

May 29, 2014

Restructuring and Related Activities [Abstract]

Restructure and Asset Impairments

Restructure and Asset Impairments

	Quarter Ended					Nine Months Ended
	May 29, 2014			May 30, 2013		May 29, 2014			May 30, 2013
Loss (gain) on impairment of MIT assets	$	—		$	—	$	(5	)	$	62
Loss (gain) on impairment of LED assets	(3		)	25		(6		)	29
Loss on restructure of ST consortium agreement	—			26		—			26
Gain on termination of lease to Transform	—			—		—			(25		)
Other	12			4		29			2
	$	9		$	55	$	18		$	94

For the first nine months of 2014, other restructure included an aggregate of approximately $30 million associated with our efforts to wind down our 200mm operations in Agrate, Italy and Kiryat Gat, Israel. We anticipate incurring restructure charges of $15 million to $25 million in the fourth quarter of 2014 for employee termination benefits in Italy.

For the third quarter of 2013, we recognized charges of $25 million, primarily to impair certain production assets used in the development of LED technology, and $26 million in connection with the restructure of a consortium agreement with STMicroelectronics S.r.l. ("ST"), whereby certain assets and approximately 500 employees from our Agrate, Italy fabrication facility were transferred to ST. For the first nine months of 2013, we also recognized a charge of $62 million to impair the assets of Micron Technology Italia, S.r.l. ("MIT"), a wholly-owned subsidiary, to their estimated fair values in connection with the sale of MIT to LFoundry Marsica S.r.l. and a gain of $25 million related to the termination of a lease with Transform Solar Pty Ltd., an equity method investee, to a portion of our manufacturing facilities in Boise, Idaho.