XML 51 R34.htm IDEA: XBRL DOCUMENT v3.7.0.1
Acquisition of Inotera (Tables) - Inotera
6 Months Ended
Mar. 02, 2017
Business Acquisition [Line Items]  
Schedule of Inotera Acquisition
The consideration and provisional valuation of assets acquired and liabilities assumed are as follows:

Consideration
 
 
Cash paid for Inotera Acquisition
 
$
4,099

Less cash received from selling Micron Shares
 
(986
)
Net cash paid for Inotera Acquisition
 
3,113

Fair value of our previously-held equity interest in Inotera
 
1,441

Fair value of Micron Shares exchanged for Inotera shares
 
995

Other
 
3

Payments attributed to intercompany balances with Inotera
 
(361
)
 
 
$
5,191

 
 
 
Assets acquired and liabilities assumed
 
 
Cash and equivalents
 
$
118

Inventories
 
285

Other current assets
 
27

Property, plant, and equipment
 
3,781

Deferred tax assets
 
74

Goodwill
 
1,086

Other noncurrent assets
 
117

Accounts payable and accrued expenses
 
(232
)
Debt
 
(56
)
Other noncurrent liabilities
 
(9
)
 
 
$
5,191

Pro Forma Information including Inotera
 
 
Quarter ended
 
Six months ended
 
 
March 2,
2017
 
March 3,
2016
 
March 2,
2017
 
March 3,
2016
Net sales
 
$
4,648

 
$
2,927

 
$
8,613

 
$
6,272

Net income (loss)
 
890

 
(196
)
 
1,080

 
(48
)
Net income (loss) attributable to Micron
 
890

 
(197
)
 
1,080

 
(49
)
Earnings (loss) per share
 
 
 
 
 
 
 
 
Basic
 
0.81

 
(0.18
)
 
0.98

 
(0.04
)
Diluted
 
0.77

 
(0.18
)
 
0.93

 
(0.04
)