XML 69 R42.htm IDEA: XBRL DOCUMENT v3.25.1

Debt (Tables)

6 Months Ended

Feb. 27, 2025

Debt Disclosure [Abstract]

Schedule of Debt

			As of February 27, 2025																		As of August 29, 2024
									Net Carrying Amount												Net Carrying Amount
			Stated Rate			Effective Rate			Current			Long-Term			Total						Current			Long-Term			Total
2027 Notes(1)			4.185		%	4.27		%	$	—		$	846		$	846					$	—		$	838		$	838
2028 Notes			5.375		%	5.52		%	—			597			597						—			597			597
2029 Term Loan A			5.445		%	5.48		%	—			1,681			1,681						—			—			—
2029 A Notes			5.327		%	5.40		%	—			698			698						—			698			698
2029 B Notes			6.750		%	6.54		%	—			1,260			1,260						—			1,261			1,261
2030 Notes			4.663		%	4.73		%	—			847			847						—			847			847
2031 Notes			5.300		%	5.41		%	—			994			994						—			994			994
2032 Green Bonds			2.703		%	2.77		%	—			996			996						—			996			996
2033 A Notes			5.875		%	5.96		%	—			746			746						—			745			745
2033 B Notes			5.875		%	6.01		%	—			891			891						—			891			891
2035 Notes			5.800		%	5.90		%	—			992			992						—			—			—
2041 Notes			3.366		%	3.41		%	—			497			497						—			497			497
2051 Notes			3.477		%	3.52		%	—			496			496						—			496			496
2026 Term Loan A			N/A			N/A			—			—			—						49			872			921
2027 Term Loan A			N/A			N/A			—			—			—						57			1,006			1,063
2026 Notes			N/A			N/A			—			—			—						—			499			499
Finance lease obligations			N/A			5.11		%	504			2,310			2,814						325			1,729			2,054
									$	504		$	13,851		$	14,355					$	431		$	12,966		$	13,397

(1) In 2021, we entered into fixed-to-floating interest rate swaps on the 2027 Notes with an aggregate $900 million notional amount equal to the principal amount of the 2027 Notes. The resulting variable interest paid is at a rate equal to SOFR plus approximately 3.33%. The fixed-to-floating interest rate swaps are accounted for as fair value hedges, and as a result, the carrying values of our 2027 Notes reflect adjustments in fair value.

Schedule of Debt Activity

			Transaction Date			Increase (Decrease) in Principal			Increase (Decrease) in Carrying Value			Increase (Decrease) in Cash
Issuances
2035 Notes			January 16, 2025			$	1,000		$	992		$	992
2029 Term Loan A			January 17, 2025			1,684			1,681			1,681
Prepayments
2026 Notes			February 12, 2025			(500)			(499)			(501)
2026 Term Loan A			January 17, 2025			(897)			(896)			(897)
2027 Term Loan A			January 17, 2025			(1,037)			(1,035)			(1,037)
						$	250		$	243		$	238

Schedule of Maturities of Notes Payable

As of February 27, 2025, maturities of notes payable and term loans by fiscal year were as follows:

Remainder of 2025			$	—
2026			—
2027			900
2028			600
2029			2,384
2030 and thereafter			7,750
Unamortized issuance costs, discounts, and premium, net			(41)
Hedge accounting fair value adjustment			(52)
			$	11,541

X

- Definition

Tabular disclosure of debt activity for the period including but not limited to issuances, redemptions, and repayments.

+ References

No definition available.

+ Details

Name:	mu_ScheduleOfDebtActivityTableTextBlock
Namespace Prefix:	mu_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-SubTopic 10
-Topic 210
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-3

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477734/942-470-50-3

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-8

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-6

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-7

+ Details

Name:	us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-1

+ Details

Name:	us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration