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Schedule I Condensed Financial Information of the Registrant (Tables) | 12 Months Ended
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Aug. 31, 2017
Condensed Financial Statements, Captions [Line Items] |
Schedule of Parent Debt |
|  | 2017 |  | 2016
|  |  |  |  |  |  |  | Net Carrying Amount |  |  |  | Net Carrying Amount
Instrument |  | Stated Rate |  | Effective Rate |  | Principal |  | Current |  | Long-Term |  | Total(1) |  | Principal |  | Current |  | Long-Term |  | Total(1)
MMJ Creditor Payments |  | N/A |  |  | 6.52 | % |  | $ | 695 |  |  | $ | 157 |  |  | $ | 474 |  |  | $ | 631 |  |  | $ | 985 |  |  | $ | 189 |  |  | $ | 680 |  |  | $ | 869 |
Capital lease obligations |  | N/A |  |  | 3.68 | % |  | 1,190 |  |  | 357 |  |  | 833 |  |  | 1,190 |  |  | 1,406 |  |  | 380 |  |  | 1,026 |  |  | 1,406 |
2021 MSAC Term Loan |  | 3.61 | % |  | 3.85 | % |  | 800 |  |  | 99 |  |  | 697 |  |  | 796 |  |  | — |  |  | — |  |  | — |  |  | — |
2021 MSTW Term Loan |  | 2.85 | % |  | 3.02 | % |  | 2,652 |  |  | — |  |  | 2,640 |  |  | 2,640 |  |  | — |  |  | — |  |  | — |  |  | — |
2022 Notes |  | 5.88 | % |  | 6.14 | % |  | — |  |  | — |  |  | — |  |  | — |  |  | 600 |  |  | — |  |  | 590 |  |  | 590 |
2022 Term Loan B |  | 3.80 | % |  | 4.22 | % |  | 743 |  |  | 5 |  |  | 725 |  |  | 730 |  |  | 750 |  |  | 5 |  |  | 730 |  |  | 735 |
2023 Notes |  | 5.25 | % |  | 5.43 | % |  | 1,000 |  |  | — |  |  | 991 |  |  | 991 |  |  | 1,000 |  |  | — |  |  | 990 |  |  | 990 |
2023 Secured Notes |  | 7.50 | % |  | 7.69 | % |  | 1,250 |  |  | — |  |  | 1,238 |  |  | 1,238 |  |  | 1,250 |  |  | — |  |  | 1,237 |  |  | 1,237 |
2024 Notes |  | 5.25 | % |  | 5.38 | % |  | 550 |  |  | — |  |  | 546 |  |  | 546 |  |  | 550 |  |  | — |  |  | 546 |  |  | 546 |
2025 Notes |  | 5.50 | % |  | 5.56 | % |  | 519 |  |  | — |  |  | 515 |  |  | 515 |  |  | 1,150 |  |  | — |  |  | 1,139 |  |  | 1,139 |
2026 Notes |  | 5.63 | % |  | 5.73 | % |  | 129 |  |  | — |  |  | 128 |  |  | 128 |  |  | 450 |  |  | — |  |  | 446 |  |  | 446 |
2032C Notes(2) |  | 2.38 | % |  | 5.95 | % |  | 223 |  |  | — |  |  | 211 |  |  | 211 |  |  | 223 |  |  | — |  |  | 204 |  |  | 204 |
2032D Notes(2) |  | 3.13 | % |  | 6.33 | % |  | 177 |  |  | — |  |  | 159 |  |  | 159 |  |  | 177 |  |  | — |  |  | 154 |  |  | 154 |
2033E Notes(2) |  | 1.63 | % |  | 4.50 | % |  | 173 |  |  | 202 |  |  | — |  |  | 202 |  |  | 176 |  |  | — |  |  | 168 |  |  | 168 |
2033F Notes(2) |  | 2.13 | % |  | 4.93 | % |  | 297 |  |  | 278 |  |  | — |  |  | 278 |  |  | 297 |  |  | — |  |  | 271 |  |  | 271 |
2043G Notes(3) |  | 3.00 | % |  | 6.76 | % |  | 1,025 |  |  | — |  |  | 671 |  |  | 671 |  |  | 1,025 |  |  | — |  |  | 657 |  |  | 657 |
Other notes |  | 2.13 | % |  | 2.66 | % |  | 216 |  |  | 164 |  |  | 44 |  |  | 208 |  |  | 512 |  |  | 182 |  |  | 316 |  |  | 498 |
|  |  |  |  |  | $ | 11,639 |  |  | $ | 1,262 |  |  | $ | 9,872 |  |  | $ | 11,134 |  |  | $ | 10,551 |  |  | $ | 756 |  |  | $ | 9,154 |  |  | $ | 9,910 |
(1) | Net carrying amount is the principal amount less unamortized debt discount and issuance costs. In addition, the net carrying amount for our 2033E Notes for 2017 included $31 million of derivative debt liabilities recognized as a result of our election to settle entirely in cash converted notes with an aggregate principal amount of $16 million.
(2) | Since the closing price of our common stock exceeded 130% of the conversion price per share for at least 20 trading days in the 30 trading day period ended on June 30, 2017, these notes are convertible by the holders through the calendar quarter ended September 30, 2017. The closing price of our common stock also exceeded the thresholds for the calendar quarter ended September 30, 2017; therefore, these notes are convertible by the holders through December 31, 2017. The 2033 Notes were classified as current as of August 31, 2017 because the terms of these notes require us to pay cash for the principal amount of any converted notes and holders of these notes had the right to convert their notes as of that date.
(3) | The 2043G Notes have an original principal amount of $820 million that accretes up to $917 million through the expected term in November 2028 and $1.03 billion at maturity in 2043.
Maturities of Parent Notes Payable and Future Minimum Lease Payments | As of August 31, 2017, maturities of notes payable (including the MMJ Creditor Payments) and future minimum lease payments under capital lease obligations were as follows:
|  | Notes Payable |  | Capital Lease Obligations
2018 |  | $ | 641 |  |  | $ | 402 |
2019 |  | 1,166 |  |  | 334 |
2020 |  | 1,727 |  |  | 229 |
2021 |  | 1,269 |  |  | 97 |
2022 |  | 1,204 |  |  | 62 |
2023 and thereafter |  | 4,365 |  |  | 227 |
Unamortized discounts and interest, respectively |  | (428 | ) |  | (161 | )
|  | $ | 9,944 |  |  | $ | 1,190 |
Micron Technology, Inc. |
Condensed Financial Statements, Captions [Line Items] |
Schedule of Parent Debt |
|  | 2017 |  | 2016
Instrument |  | Stated Rate |  | Effective Rate |  | Current |  | Long-Term |  | Total |  | Current |  | Long-Term |  | Total
Capital lease obligations |  | N/A |  |  | 3.34 | % |  | $ | 45 |  |  | $ | 126 |  |  | $ | 171 |  |  | $ | 70 |  |  | $ | 171 |  |  | $ | 241 |
2022 Notes |  | 5.88 | % |  | 6.14 | % |  | — |  |  | — |  |  | — |  |  | — |  |  | 590 |  |  | 590 |
2022 Term Loan B |  | 3.80 | % |  | 4.22 | % |  | 5 |  |  | 725 |  |  | 730 |  |  | 5 |  |  | 730 |  |  | 735 |
2023 Notes |  | 5.25 | % |  | 5.43 | % |  | — |  |  | 991 |  |  | 991 |  |  | — |  |  | 990 |  |  | 990 |
2023 Secured Notes |  | 7.50 | % |  | 7.69 | % |  | — |  |  | 1,238 |  |  | 1,238 |  |  | — |  |  | 1,237 |  |  | 1,237 |
2024 Notes |  | 5.25 | % |  | 5.38 | % |  | — |  |  | 546 |  |  | 546 |  |  | — |  |  | 546 |  |  | 546 |
2025 Notes |  | 5.50 | % |  | 5.56 | % |  | — |  |  | 515 |  |  | 515 |  |  | — |  |  | 1,139 |  |  | 1,139 |
2026 Notes |  | 5.63 | % |  | 5.73 | % |  | — |  |  | 128 |  |  | 128 |  |  | — |  |  | 446 |  |  | 446 |
2032C Notes(1) |  | 2.38 | % |  | 5.95 | % |  | — |  |  | 211 |  |  | 211 |  |  | — |  |  | 204 |  |  | 204 |
2032D Notes(1) |  | 3.13 | % |  | 6.33 | % |  | — |  |  | 159 |  |  | 159 |  |  | — |  |  | 154 |  |  | 154 |
2033E Notes(1)(2) |  | 1.63 | % |  | 4.50 | % |  | 202 |  |  | — |  |  | 202 |  |  | — |  |  | 168 |  |  | 168 |
2033F Notes(1) |  | 2.13 | % |  | 4.93 | % |  | 278 |  |  | — |  |  | 278 |  |  | — |  |  | 271 |  |  | 271 |
2043G Notes(3) |  | 3.00 | % |  | 6.76 | % |  | — |  |  | 671 |  |  | 671 |  |  | — |  |  | 657 |  |  | 657 |
Other notes |  | 1.65 | % |  | 1.65 | % |  | — |  |  | 10 |  |  | 10 |  |  | — |  |  | 10 |  |  | 10 |
|  |  |  |  |  | $ | 530 |  |  | $ | 5,320 |  |  | $ | 5,850 |  |  | $ | 75 |  |  | $ | 7,313 |  |  | $ | 7,388 |
(1) | Since the closing price of Micron's common stock exceeded 130% of the conversion price per share for at least 20 trading days in the 30 trading-day period ended on June 30, 2017, these notes are convertible by the holders through the calendar quarter ended September 30, 2017. The closing price of Micron's common stock also exceeded the thresholds for the calendar quarter ended September 30, 2017; therefore, these notes are convertible by the holders through December 31, 2017. The 2033 Notes were classified as current as of August 31, 2017 because the terms of these notes require us to pay cash for the principal amount of any converted notes and holders of these notes had the right to convert their notes as of that date.
(2) | The net carrying amount for 2017 included $31 million of derivative debt liabilities recognized as a result of our election to settle entirely in cash converted notes with an aggregate principal amount of $16 million. See "Convertible Senior Notes" below.
(3) | The 2043G Notes have an original principal amount of $820 million that accretes up to $917 million through the expected term in November 2028 and $1.03 billion at maturity in 2043.
Maturities of Parent Notes Payable and Future Minimum Lease Payments | As of August 31, 2017, maturities of notes payable and future minimum lease payments under capital lease obligations were as follows:
|  | Notes Payable |  | Capital Lease Obligations
2018 |  | $ | 211 |  |  | $ | 51 |
2019 |  | 231 |  |  | 44 |
2020 |  | 305 |  |  | 56 |
2021 |  | 195 |  |  | 32 |
2022 |  | 713 |  |  | — |
2023 and thereafter |  | 4,365 |  |  | — |
Unamortized discounts and interest, respectively |  | (341 | ) |  | (12 | )
|  | $ | 5,679 |  |  | $ | 171 |

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