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Schedule I Condensed Financial Information of the Registrant (Tables)
 12 Months Ended
Sep. 01, 2016
Condensed Financial Statements, Captions [Line Items]  
Schedule of Parent Debt
 
 
 
 
 
 
2016
 
2015
Instrument
 
Stated Rate(1)
 
Effective Rate(1)
 
Current
 
Long-Term
 
Total
 
Current
 
Long-Term
 
Total
MMJ creditor installment payments
 
N/A

 
6.25
%
 
$
189

 
$
680

 
$
869

 
$
161

 
$
701

 
$
862

Capital lease obligations(2)
 
N/A

 
N/A

 
380

 
1,026

 
1,406

 
326

 
466

 
792

1.258% notes
 
1.258
%
 
1.97
%
 
87

 
131

 
218

 
87

 
217

 
304

2022 senior notes
 
5.875
%
 
6.14
%
 
—

 
590

 
590

 
—

 
589

 
589

2022 senior secured term loan B
 
6.640
%
 
7.10
%
 
5

 
730

 
735

 
—

 
—

 
—

2023 senior notes
 
5.250
%
 
5.43
%
 
—

 
990

 
990

 
—

 
988

 
988

2023 senior secured notes
 
7.500
%
 
7.69
%
 
—

 
1,237

 
1,237

 
—

 
—

 
—

2024 senior notes
 
5.250
%
 
5.38
%
 
—

 
546

 
546

 
—

 
545

 
545

2025 senior notes
 
5.500
%
 
5.56
%
 
—

 
1,139

 
1,139

 
—

 
1,138

 
1,138

2026 senior notes
 
5.625
%
 
5.73
%
 
—

 
446

 
446

 
—

 
446

 
446

2032C convertible senior notes(3)
 
2.375
%
 
5.95
%
 
—

 
204

 
204

 
—

 
197

 
197

2032D convertible senior notes(3)
 
3.125
%
 
6.33
%
 
—

 
154

 
154

 
—

 
150

 
150

2033E convertible senior notes(3)
 
1.625
%
 
4.50
%
 
—

 
168

 
168

 
217

 
—

 
217

2033F convertible senior notes(3)
 
2.125
%
 
4.93
%
 
—

 
271

 
271

 
264

 
—

 
264

2043G convertible senior notes
 
3.000
%
 
6.76
%
 
—

 
657

 
657

 
—

 
644

 
644

Other notes payable
 
2.485
%
 
2.65
%
 
95

 
185

 
280

 
34

 
171

 
205

 
 
 
 
 
 
$
756

 
$
9,154

 
$
9,910

 
$
1,089

 
$
6,252

 
$
7,341


(1) As of September 1, 2016.
(2) 
Weighted-average imputed rate of 3.3% and 3.7% as of September 1, 2016 and September 3, 2015, respectively.
(3) 
Since the closing price of our common stock for at least 20 trading days in the 30 trading day period ended on June 30, 2016 did not exceed 130% of the conversion price per share, these notes were not convertible by the holders during the calendar quarter ended September 30, 2016. The closing price of our common stock exceeded the thresholds for the calendar quarter ended September 30, 2016; therefore, these notes are convertible by the holders through December 31, 2016. The 2033 Notes were classified as current as of 2015 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.

 
 
 
 
2016
 
2015
As of
 
Expected Remaining Term
(Years)(1)
 
Outstanding Principal
 
Unamortized Discount and Debt Issuance Costs
 
Net Carrying Amount
 
Outstanding Principal
 
Unamortized Discount and Debt Issuance Costs
 
Net Carrying Amount
MMJ creditor installment payments
 
3
 
$
985

 
$
(116
)
 
$
869

 
$
1,012

 
$
(150
)
 
$
862

Capital lease obligations
 
4
 
1,406

 
—

 
1,406

 
792

 
—

 
792

1.258% Notes
 
2
 
231

 
(13
)
 
218

 
323

 
(19
)
 
304

2022 Notes
 
5
 
600

 
(10
)
 
590

 
600

 
(11
)
 
589

2022 Term Loan B
 
6
 
750

 
(15
)
 
735

 
—

 
—

 
—

2023 Notes
 
7
 
1,000

 
(10
)
 
990

 
1,000

 
(12
)
 
988

2023 Secured Notes
 
7
 
1,250

 
(13
)
 
1,237

 
—

 
—

 
—

2024 Notes
 
7
 
550

 
(4
)
 
546

 
550

 
(5
)
 
545

2025 Notes
 
8
 
1,150

 
(11
)
 
1,139

 
1,150

 
(12
)
 
1,138

2026 Notes
 
9
 
450

 
(4
)
 
446

 
450

 
(4
)
 
446

2032C Notes
 
3
 
223

 
(19
)
 
204

 
224

 
(27
)
 
197

2032D Notes
 
5
 
177

 
(23
)
 
154

 
177

 
(27
)
 
150

2033E Notes
 
1
 
176

 
(8
)
 
168

 
233

 
(16
)
 
217

2033F Notes
 
3
 
297

 
(26
)
 
271

 
297

 
(33
)
 
264

2043G Notes(2)
 
12
 
1,025

 
(368
)
 
657

 
1,025

 
(381
)
 
644

Other notes payable
 
3
 
281

 
(1
)
 
280

 
205

 
—

 
205

 
 
 
 
$
10,551

 
$
(641
)
 
$
9,910

 
$
8,038

 
$
(697
)
 
$
7,341

(1) 
Expected remaining term for amortization of the remaining unamortized discount and debt issuance costs as of September 1, 2016. Expected remaining term for capital lease obligations and other notes payable is the weighted-average remaining term.
(2) 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. The discount is based on the principal at maturity.
Maturities of Parent Notes Payable and Future Minimum Lease Payments

As of September 1, 2016, maturities of notes payable (including the MMJ Creditor Installment Payments) and future minimum lease payments under capital lease obligations were as follows:

 
 
Notes Payable
 
Capital Lease Obligations
2017
 
$
387

 
$
423

2018
 
545

 
372

2019
 
562

 
315

2020
 
696

 
211

2021
 
185

 
73

2022 and thereafter
 
6,663

 
147

Unamortized discounts and interest, respectively
 
(534
)
 
(135
)
 
 
$
8,504

 
$
1,406
Micron Technology, Inc.  
Condensed Financial Statements, Captions [Line Items]  
Schedule of Parent Debt
 
 
 
 
 
 
2016
 
2015
Instrument(1)
 
Stated Rate(2)
 
Effective Rate(2)
 
Current
 
Long-Term
 
Total
 
Current
 
Long-Term
 
Total
Capital lease obligations(3)
 
N/A

 
N/A

 
$
70

 
$
171

 
$
241

 
$
174

 
$
40

 
$
214

2022 senior notes
 
5.875
%
 
6.14
%
 
—

 
590

 
590

 
—

 
589

 
589

2022 senior secured term loan B
 
6.460
%
 
7.10
%
 
5

 
730

 
735

 
—

 
—

 
—

2023 senior notes
 
5.250
%
 
5.43
%
 
—

 
990

 
990

 
—

 
988

 
988

2023 senior secured notes
 
7.500
%
 
7.69
%
 
—

 
1,237

 
1,237

 
—

 
—

 
—

2024 senior notes
 
5.250
%
 
5.38
%
 
—

 
546

 
546

 
—

 
545

 
545

2025 senior notes
 
5.500
%
 
5.56
%
 
—

 
1,139

 
1,139

 
—

 
1,138

 
1,138

2026 senior notes
 
5.625
%
 
5.73
%
 
—

 
446

 
446

 
—

 
446

 
446

2032C convertible senior notes(4)
 
2.375
%
 
5.95
%
 
—

 
204

 
204

 
—

 
197

 
197

2032D convertible senior notes(4)
 
3.125
%
 
6.33
%
 
—

 
154

 
154

 
—

 
150

 
150

2033E convertible senior notes(4)
 
1.625
%
 
4.50
%
 
—

 
168

 
168

 
217

 
—

 
217

2033F convertible senior notes(4)
 
2.125
%
 
4.93
%
 
—

 
271

 
271

 
264

 
—

 
264

2043G convertible senior notes
 
3.000
%
 
6.76
%
 
—

 
657

 
657

 
—

 
644

 
644

Other
 
1.650
%
 
1.65
%
 
—

 
10

 
10

 
—

 
60

 
60

 
 
 
 
 
 
$
75

 
$
7,313

 
$
7,388

 
$
655

 
$
4,797

 
$
5,452

(1) 
Micron has either the obligation or the option to pay cash for the principal amount due upon conversion for all of its convertible notes. Micron's current intent is to settle in cash the principal amount of all of its convertible notes upon conversion.
(2) As of September 1, 2016.
(3) Weighted-average imputed rate of 3.4% and 4.5% as of September 1, 2016 and September 3, 2015, respectively.
(4) 
Since the closing price of Micron's common stock for at least 20 trading days in the 30 trading day period ended on June 30, 2016 did not exceed 130% of the conversion price per share, these notes were not convertible by the holders during the calendar quarter ended September 30, 2016. The closing price of our common stock exceeded the thresholds for the calendar quarter ended September 30, 2016; therefore, these notes are convertible by the holders through December 31, 2016. The 2033 Notes were classified as current as of 2015 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.
Maturities of Parent Notes Payable and Future Minimum Lease Payments
As of September 1, 2016, maturities of notes payable and future minimum lease payments under capital lease obligations were as follows:

 
 
Notes Payable
 
Capital Lease Obligations
2017
 
$
8

 
$
77

2018
 
183

 
50

2019
 
231

 
44

2020
 
305

 
56

2021
 
195

 
33

2022 and thereafter
 
6,628

 
—

Unamortized discounts and interest, respectively
 
(403
)
 
(19
)
 
 
$
7,147

 
$
241