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Earnings Per Share
9 Months Ended
Jun. 04, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

 
 
Quarter Ended
 
Nine Months Ended
 
 
June 4,
2015
 
May 29,
2014
 
June 4,
2015
 
May 29,
2014
Net income available to Micron shareholders – Basic
 
$
491

 
$
806

 
$
2,428

 
$
1,895

Dilutive effect related to equity method investment
 
(1
)
 
(1
)
 
(3
)
 
(1
)
Net income available to Micron shareholders – Diluted
 
$
490

 
$
805

 
$
2,425

 
$
1,894

 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding – Basic
 
1,073

 
1,067

 
1,072

 
1,058

Dilutive effect of equity plans and convertible notes
 
97

 
123

 
113

 
138

Weighted-average common shares outstanding – Diluted
 
1,170

 
1,190

 
1,185

 
1,196

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.46

 
$
0.76

 
$
2.26

 
$
1.79

Diluted
 
0.42

 
0.68

 
2.05

 
1.58



Antidilutive potential common shares that could dilute basic earnings per share in the future were 55 million and 27 million for the third quarter and first nine months of 2015, respectively, and 45 million and 43 million for the third quarter and first nine months of 2014, respectively.