Revenue and Contract Liabilities

6 Months Ended

Feb. 27, 2020

Revenue from Contract with Customer [Abstract]

Revenue by technology is presented in the table below. (See “Segment and Other Information” note for disclosure of disaggregated revenue by market segments.)


	Quarter ended						Six months ended
	February 27, 2020		February 28, 2019		February 27, 2020		February 28, 2019

DRAM	$	3,083	$	4,151	$	6,552	$	10,044
NAND	1,514		1,387		2,936		3,047
Other (primarily 3D XPoint memory and NOR)	200		297		453		657
	$	4,797	$	5,835	$	9,941	$	13,748

Beginning in 2020, revenues for MCPs and SSDs, which contain both DRAM and NAND, are disaggregated into DRAM and NAND based on the relative values of each component. The three and six months ended February 28, 2019 in the table above have been conformed to current period presentation.

Our contract liabilities from customer advances are for advance payments received from customers to secure product in future periods. Other contract liabilities consist of amounts received in advance of satisfying performance obligations. These balances are reported within other current liabilities and other noncurrent liabilities. Revenue and interest expense associated with contract liabilities for the time value of advance payments was not significant in any period presented. As of February 27, 2020, our future performance obligations beyond one year were not significant. Contract liabilities were as follows:


As of	February 27, 2020		August 29, 2019

Contract liabilities from customer advances	$	39	$	61
Other contract liabilities	36		69
	$	75	$	130

Revenue recognized during the first six months of 2020 from the beginning balance as of August 29, 2019 included $70 million from meeting performance obligations of other contract liabilities and shipments against customer advances. Contract liabilities from customer advances also decreased $22 million due to the return of unutilized customer advances upon expiration of the contract.

As of February 27, 2020, other current liabilities included $436 million for estimates of consideration payable to customers, including estimates for pricing adjustments and returns.