XML 67 R54.htm IDEA: XBRL DOCUMENT v3.7.0.1
Acquisition of Inotera (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 06, 2016
Jun. 01, 2017
Mar. 02, 2017
Jun. 02, 2016
Mar. 02, 2017
Jun. 01, 2017
Jun. 02, 2016
Sep. 01, 2016
Dec. 05, 2016
Acquisition of Inotera                  
Gain on difference between fair value and carrying value of pre-acquisition equity interests in Inotera   $ 0   $ 0   $ 71 $ 0    
Consideration                  
Payments attributed to intercompany balances with Inotera           361 0    
Assets acquired and liabilities assumed                  
Goodwill   1,228       1,228   $ 104  
Unaudited Pro Forma Financial Information                  
Net sales   5,566   2,869   14,179 9,141    
Net Income (Loss)   1,696   (303)   2,776 (351)    
Net income (loss) attributable to Micron   $ 1,696   $ (303)   $ 2,776 $ (352)    
Earnings (loss) per share, basic (in dollars per share)   $ 1.53   $ (0.28)   $ 2.52 $ (0.32)    
Earnings (loss) per share, diluted (in dollars per share)   $ 1.44   $ (0.28)   $ 2.39 $ (0.32)    
Inotera | Nanya and certain of its affiliates                  
Acquisition of Inotera                  
Percentage interest in Inotera held by Nanya immediately prior to acquisition (in hundredths)                 32.00%
Inotera                  
Acquisition of Inotera                  
Ownership interest in Inotera immediately prior to acquisition                 33.00%
Percentage of Inotera voting interests acquired 67.00%                
Micron Shares                  
Cash proceeds received from issuance of Micron Shares to Nanya $ 986                
Provisional Information, Initial Accounting Incomplete, Adjustments                  
Provisional information adjustment, Property, plant, and equipment   $ (59)              
Provisional information adjustment, Other assets   13              
Provisional information adjustment, Deferred tax assets   8              
Goodwill purchase accounting adjustment   $ 38              
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)                
Total fair value of consideration for Inotera including previously held equity interests 5,191                
Assets acquired and liabilities assumed                  
Cash and equivalents 118                
Inventories 285                
Other current assets 27                
Property, plant, and equipment 3,722                
Deferred tax assets 82                
Goodwill 1,124                
Other noncurrent assets 130                
Accounts payable and accrued expenses (232)                
Debt (56)                
Other noncurrent liabilities (9)                
Total assets acquired and liabilities assumed, including goodwill 5,191                
Inotera | CNBU                  
Assets acquired and liabilities assumed                  
Goodwill 829                
Inotera | MBU                  
Assets acquired and liabilities assumed                  
Goodwill 198                
Inotera | EBU                  
Assets acquired and liabilities assumed                  
Goodwill $ 97                
Inotera | Private Placement                  
Micron Shares                  
Number of Micron Shares issued to Nanya as consideration for Inotera shares not already owned (in shares) 58                
Cash proceeds received from issuance of Micron Shares to Nanya $ 986                
Consideration                  
Less cash received from selling Micron Shares (986)                
Inotera | Private Placement | Level 2                  
Micron Shares                  
Discount for lack of transferability on Micron Shares issued to Nanya $ 81                
Inotera | Selling, general, and administrative                  
Acquisition of Inotera                  
Transaction costs incurred in connection with acquisition of Inotera         $ 13     $ 3  
Inotera | Other non-operating income expense, net | Level 3                  
Acquisition of Inotera                  
Gain on difference between fair value and carrying value of pre-acquisition equity interests in Inotera     $ 71