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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 01, 2017
Sep. 01, 2016
Assets    
Cash and equivalents $ 4,048 $ 4,140
Short-term investments 282 258
Receivables 3,497 2,068
Inventories 3,064 2,889
Other current assets 132 140
Total current assets 11,023 9,495
Long-term marketable investments [1] 471 414
Equity method investments 15 1,364
Deferred tax assets 667 657
Property, plant, and equipment, net 19,014 14,686
Intangible assets, net 405 464
Goodwill 1,228 104
Other noncurrent assets 444 356
Total assets 33,267 27,540
Liabilities and equity    
Accounts payable and accrued expenses 3,656 3,879
Deferred income 326 200
Current debt 1,161 756
Total current liabilities 5,143 4,835
Long-term debt 10,485 9,154
Other noncurrent liabilities 595 623
Total liabilities 16,223 14,612
Commitments and contingencies
Redeemable convertible notes 25 0
Micron shareholders' equity    
Common stock, $0.10 par value, 3,000 shares authorized, 1,114 shares issued and 1,110 outstanding (1,094 issued and 1,040 outstanding as of September 1, 2016) 111 109
Additional capital 8,222 7,736
Retained earnings 7,893 5,299
Treasury stock, 4 shares held (54 as of September 1, 2016) (67) (1,029)
Accumulated other comprehensive income (loss) 12 (35)
Total Micron shareholders' equity 16,171 12,080
Noncontrolling interests in subsidiaries 848 848
Total equity 17,019 12,928
Total liabilities and equity $ 33,267 $ 27,540
[1] The maturities of long-term marketable investments range from one to four years.