Acquisition of Inotera (Tables) - Inotera

12 Months Ended

Aug. 29, 2019

Business Acquisition [Line Items]

Schedule of Inotera Acquisition

The allocation of purchase price to assets acquired and liabilities assumed of Inotera was as follows:

Consideration
Cash paid for Inotera Acquisition	$	4,099
Less cash received from sale of 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	3,722
Deferred tax assets	82
Goodwill	1,124
Other noncurrent assets	130
Accounts payable and accrued expenses	(232		)
Debt	(56		)
Other noncurrent liabilities	(9		)
	$	5,191

Pro Forma Information including Inotera

Year ended	August 31, 2017
Net sales	$	20,317
Net income	5,172
Net income attributable to Micron	5,171
Earnings per share
Basic	4.68
Diluted	4.42