XML 37 R21.htm IDEA: XBRL DOCUMENT
v3.21.2

Equity | 9 Months Ended
--- | ---
Jun. 03, 2021
Equity [Abstract] |
Equity | Equity Micron Shareholders’ Equity Common Stock Repurchases: Our Board of Directors has authorized the discretionary repurchase of up to $10 billion of our outstanding common stock through open-market purchases, block trades, privately-negotiated transactions, derivative transactions, and/or pursuant to Rule 10b5-1 trading plans. The repurchase authorization has no expiration date, does not obligate us to acquire any common stock, and is subject to market conditions and our ongoing determination of the best use of available cash. In the third quarter and first nine months of 2021, we repurchased 1.7 million shares of our common stock for $150 million. In the third quarter and first nine months of 2020, we repurchased 0.9 million shares of our common stock for $40 million, and 2.8 million shares of our common stock for $134 million, respectively. Through June 3, 2021, we had repurchased an aggregate of $2.99 billion under the authorization. The shares were recorded as treasury stock. Accumulated Other Comprehensive Income: Changes in accumulated other comprehensive income by component for the nine months ended June 3, 2021 were as follows:
| Gains (Losses) on Derivative Instruments | Pension Liability Adjustments | Unrealized Gains (Losses) on Investments | Cumulative Foreign Currency Translation Adjustment | Total
As of September 3, 2020 | $ | 45 |  | $ | 19 |  | $ | 8 |  | $ | (1) |  | $ | 71 |
Other comprehensive income before reclassifications | (8) |  | — |  | (5) |  | 1 |  | (12) |
Amount reclassified out of accumulated other comprehensive income | (30) |  | 1 |  | (3) |  | — |  | (32) |
Tax effects | 18 |  | — |  | 2 |  | — |  | 20 |
Other comprehensive income (loss) | (20) |  | 1 |  | (6) |  | 1 |  | (24) |
As of June 3, 2021 | $ | 25 |  | $ | 20 |  | $ | 2 |  | $ | — |  | $ | 47 |

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

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration