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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 31, 2017
Sep. 01, 2016
Assets    
Cash and equivalents $ 5,109 $ 4,140
Short-term investments 319 258
Receivables 3,759 2,068
Inventories 3,123 2,889
Other current assets 147 140
Total current assets 12,457 9,495
Long-term marketable investments [1] 617 414
Property, plant, and equipment, net 19,431 14,686
Equity method investments 16 1,364
Intangible assets, net 387 464
Deferred tax assets 766 657
Goodwill 1,228 104
Other noncurrent assets 434 356
Total assets 35,336 27,540
Liabilities and equity    
Accounts payable and accrued expenses 3,664 3,879
Deferred income 408 200
Current debt 1,262 756
Total current liabilities 5,334 4,835
Long-term debt 9,872 9,154
Other noncurrent liabilities 639 623
Total liabilities 15,845 14,612
Commitments and contingencies
Redeemable convertible notes 21 0
Micron shareholders' equity    
Common stock, $0.10 par value, 3,000 shares authorized, 1,116 shares issued and 1,112 outstanding (1,094 shares issued and 1,040 outstanding as of September 1, 2016) 112 109
Additional capital 8,287 7,736
Retained earnings 10,260 5,299
Treasury stock, 4 shares held (54 shares as of September 1, 2016) (67) (1,029)
Accumulated other comprehensive income (loss) 29 (35)
Total Micron shareholders' equity 18,621 12,080
Noncontrolling interests in subsidiaries 849 848
Total equity 19,470 12,928
Total liabilities and equity $ 35,336 $ 27,540
[1] The maturities of long-term marketable securities range from one to four years.