v3.3.0.814

Quarterly Financial Information | 12 Months Ended
--- | ---
Sep. 03, 2015
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information | Quarterly Financial Information (Unaudited) (in millions except per share amounts)
2015 |  | Fourth Quarter |  | Third Quarter |  | Second Quarter |  | First Quarter
Net sales |  | $ | 3,600 |  |  | $ | 3,853 |  |  | $ | 4,166 |  |  | $ | 4,573 |
Gross margin |  | 970 |  |  | 1,202 |  |  | 1,405 |  |  | 1,638 |
Operating income |  | 427 |  |  | 631 |  |  | 855 |  |  | 1,085 |
Net income |  | 471 |  |  | 491 |  |  | 935 |  |  | 1,002 |
Net income attributable to Micron |  | 471 |  |  | 491 |  |  | 934 |  |  | 1,003 |
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.44 |  |  | $ | 0.46 |  |  | $ | 0.87 |  |  | $ | 0.94 |
Diluted |  | 0.42 |  |  | 0.42 |  |  | 0.78 |  |  | 0.84 |
Results of operations in the fourth, third, and first quarters of 2015 included losses of $1 million, $18 million, and $30 million, respectively, for losses on restructure of debt.
2014 |  | Fourth Quarter |  | Third Quarter |  | Second Quarter |  | First Quarter
Net sales |  | $ | 4,227 |  |  | $ | 3,982 |  |  | $ | 4,107 |  |  | $ | 4,042 |
Gross margin |  | 1,385 |  |  | 1,368 |  |  | 1,403 |  |  | 1,281 |
Operating income |  | 828 |  |  | 839 |  |  | 869 |  |  | 551 |
Net income |  | 1,151 |  |  | 806 |  |  | 741 |  |  | 381 |
Net income attributable to Micron |  | 1,150 |  |  | 806 |  |  | 731 |  |  | 358 |
Earnings per share: |  |  |  |  |  |  |  |
Basic |  | $ | 1.08 |  |  | $ | 0.76 |  |  | $ | 0.69 |  |  | $ | 0.34 |
Diluted |  | 0.96 |  |  | 0.68 |  |  | 0.61 |  |  | 0.30 |
Results of operations for the first quarter of 2014 included a $233 million charge to accrue a liability for the settlement of all pending litigation between us and Rambus, including all antitrust and patent matters, which reflects the discounted value of amounts due under the arrangement. Results of operations in the fourth, third, second, and first quarters of 2014 included losses of $17 million, $16 million, $80 million, and $92 million, respectively, for losses on restructure of debt. Results of operations for the fourth quarter of 2014 included a gain of $93 million from the issuance of shares by Inotera, which reduced our ownership interest from 35% to 33%. (See "Equity Method Investments – Inotera" note.) Results of operations for the fourth quarter of 2014 included a gain of $119 million from the sale of interest in Aptina to ON Semiconductor Corporation. (See "Equity Method Investments – Other" note.) Results of operations for the fourth quarter of 2014 included a $66 million charge associated with a license agreement with Tessera executed in the fourth quarter of 2014.

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration