v3.3.1.900
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 03, 2015
Sep. 03, 2015
Assets    
Cash and equivalents $ 2,605 $ 2,287
Short-term investments 1,036 1,234
Receivables 2,223 2,507
Inventories 2,435 2,340
Other current assets 211 228
Total current assets 8,510 8,596
Long-term marketable investments [1] 1,771 2,113
Property, plant and equipment, net 11,060 10,554
Equity method investments 1,351 1,379
Intangible assets, net 536 449
Deferred tax assets 595 597
Other noncurrent assets 565 455
Total assets 24,388 24,143
Liabilities and equity    
Accounts payable and accrued expenses 2,784 2,611
Deferred income 190 205
Current debt 1,051 1,089
Total current liabilities 4,025 3,905
Long-term debt 6,326 6,252
Other noncurrent liabilities 720 698
Total liabilities $ 11,071 $ 10,855
Commitments and contingencies
Redeemable convertible notes $ 42 $ 49
Micron shareholders' equity:    
Common stock, $0.10 par value, 3,000 shares authorized; 1,087 shares issued and outstanding (1,084 as of September 3, 2015) 109 108
Additional capital 7,500 7,474
Retained earnings 5,788 5,588
Treasury stock, 52 shares held (45 as of September 3, 2015) (1,006) (881)
Accumulated other comprehensive income (90) 13
Total Micron shareholders' equity 12,301 12,302
Noncontrolling interests in subsidiaries 974 937
Total equity 13,275 13,239
Total liabilities and equity $ 24,388 $ 24,143
[1] The maturities of long-term marketable investments generally range from one to four years.