Segment and Other Information

6 Months Ended

Mar. 03, 2022

Segment Reporting [Abstract]

Segment and Other Information

Segment and Other Information

Segment information reported herein is consistent with how it is reviewed and evaluated by our chief operating decision maker. We have the following four business units, which are our reportable segments:

Compute and Networking Business Unit (“CNBU”): Includes memory products sold into client, cloud server, enterprise, graphics, and networking markets.

Mobile Business Unit (“MBU”): Includes memory and storage products sold into smartphone and other mobile-device markets.

Storage Business Unit (“SBU”): Includes SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets, and other discrete storage products sold in component and wafer form.

Embedded Business Unit (“EBU”): Includes memory and storage products sold into automotive, industrial, and consumer markets.

Certain operating expenses directly associated with the activities of a specific segment are charged to that segment. Other indirect operating income and expenses are generally allocated to segments based on their respective percentage of cost of goods sold or forecasted wafer production. We do not identify or report internally our assets (other than goodwill) or capital expenditures by segment, nor do we allocate gains and losses from equity method investments, interest, other non-operating income or expense items, or taxes to segments.

	Quarter ended				Six months ended
	March 3, 2022		March 4, 2021		March 3, 2022		March 4, 2021
Revenue
CNBU	$	3,461	$	2,636	$	6,867	$	5,182
MBU	1,875		1,811		3,782		3,312
SBU	1,171		850		2,321		1,761
EBU	1,277		935		2,497		1,744
All Other	2		4		6		10
	$	7,786	$	6,236	$	15,473	$	12,009
Operating income (loss)
CNBU	$	1,562	$	709	$	3,086	$	1,192
MBU	588		464		1,212		834
SBU	178		(59)		330		(55)
EBU	421		141		843		257
All Other	1		2		4		2
	2,750		1,257		5,475		2,230
Unallocated
Stock-based compensation	(119)		(112)		(235)		(204)
Inventory accounting policy change to FIFO	—		(133)		—		(133)
Change in inventory cost absorption	—		(160)		—		(160)
3D XPoint inventory write-down	—		(49)		—		(49)
Patent license charges	—		(128)		—		(128)
Restructure and asset impairments	(5)		(5)		(43)		(13)
Other	(80)		(7)		(20)		(14)
	(204)		(594)		(298)		(701)
Operating income	$	2,546	$	663	$	5,177	$	1,529

Certain Concentrations

For the first six months of 2022, revenues from WPG Holdings Limited and Kingston Technology Company, Inc. were each 11% of total revenue.