Segment and Other Information

9 Months Ended

Jun. 02, 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				Nine months ended
	June 2, 2022		June 3, 2021		June 2, 2022		June 3, 2021
Revenue
CNBU	$	3,895	$	3,304	$	10,762	$	8,486
MBU	1,967		1,999		5,749		5,311
SBU	1,341		1,009		3,662		2,770
EBU	1,435		1,105		3,932		2,849
All Other	4		5		10		15
	$	8,642	$	7,422	$	24,115	$	19,431
Operating income (loss)
CNBU	$	1,778	$	1,342	$	4,864	$	2,534
MBU	640		683		1,852		1,517
SBU	221		53		551		(2)
EBU	504		282		1,347		539
All Other	1		4		5		6
	3,144		2,364		8,619		4,594
Unallocated
Stock-based compensation	(135)		(98)		(370)		(302)
Inventory accounting policy change to FIFO	—		—		—		(133)
Change in inventory cost absorption	—		—		—		(160)
3D XPoint inventory write-down	—		—		—		(49)
Patent license charges	—		—		—		(128)
Restructure and asset impairments	—		(453)		(43)		(466)
Other	(5)		(14)		(25)		(28)
	(140)		(565)		(438)		(1,266)
Operating income	$	3,004	$	1,799	$	8,181	$	3,328

Certain Concentrations

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