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Earnings Per Share
 9 Months Ended
May 29, 2014
Earnings Per Share [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 43 million for the third quarter and first nine months of 2014, respectively, and 185 million and 374 million for the third quarter and first nine months of 2013, respectively.

 
 
Quarter Ended
 
Nine Months Ended
 
 
May 29,
2014
 
May 30,
2013
 
May 29,
2014
 
May 30,
2013
Net income (loss) available to Micron shareholders – Basic
 
$
806

 
$
43

 
$
1,895

 
$
(518
)
Dilutive effect related to equity method investment
 
(1
)
 
—

 
(1
)
 
—

Net income (loss) available to Micron shareholders – Diluted
 
$
805

 
$
43

 
$
1,894

 
$
(518
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding – Basic
 
1,067

 
1,024

 
1,058

 
1,018

Dilutive effect of equity awards and convertible notes
 
123

 
23

 
138

 
—

Weighted-average common shares outstanding – Diluted
 
1,190

 
1,047

 
1,196

 
1,018

 
 
 
 
 
 
 
 
 
Earnings (loss) per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.76

 
$
0.04

 
$
1.79

 
$
(0.51
)
Diluted
 
0.68

 
0.04

 
1.58

 
(0.51
)