Equity Method Investments (Tables)

9 Months Ended

Jun. 04, 2015

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

	June 4, 2015				August 28, 2014
	Investment Balance		Ownership Percentage		Investment Balance		Ownership Percentage
Inotera(1)	$	1,273	33	%	$	914	33	%
Tera Probe	35		40	%	48		40	%
Other	16		Various		9		Various
	$	1,324			$	971

⁽¹⁾ Entity is a variable interest entity.

As of June 4, 2015, substantially all of our maximum exposure to loss from our VIEs that were not consolidated was the $1.27 billion carrying value of our investment in Inotera.  We may also incur losses in connection with our rights and obligations to purchase all of Inotera's wafer production capacity under our supply agreements with Inotera.

We recognize our share of earnings or losses from our equity method investees generally on a two-month lag.  Included in our share of earnings for the first nine months of 2015 was $65 million related to Inotera's full release of its valuation allowance against net deferred tax assets related to its net operating loss carryforward. Equity in net income of equity method investees, net of tax, included the following:

	Quarter Ended						Nine Months Ended
	June 4, 2015			May 29, 2014			June 4, 2015			May 29, 2014
Inotera	$	67		$	134		$	402		$	349
Tera Probe	3			2			(3		)	8
Other	(2		)	(1		)	1			(2		)
	$	68		$	135		$	400		$	355