0000723125-25-000009 | 10-Q | XBRL Viewer

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Equity - Common Stock Repurchases and Dividends (Details) - USD ($)		3 Months Ended				6 Months Ended	78 Months Ended
	Mar. 20, 2025	Feb. 27, 2025	Nov. 28, 2024	Feb. 29, 2024	Nov. 30, 2023	Feb. 27, 2025	Feb. 27, 2025
Dividends
Payments of dividends to shareholders (per share)		$ 0.115	$ 0.115
Cash dividends declared (per share)		$ 0.115	$ 0.115	$ 0.115	$ 0.115
Subsequent Event \| O2025Q3 Dividends
Dividends
Cash dividends declared (per share)	$ 0.115
Dividends Payable, Date to be Paid	Apr. 15, 2025
Dividends Payable, Date of Record	Mar. 31, 2025
Repurchases Authorized by the BOD
Common Stock Repurchases
Common Stock Repurchase, Authorized Amount		$ 10,000,000,000				$ 10,000,000,000	$ 10,000,000,000
Treasury Shares Repurchased (in shares)						0
Payments for Repurchase of Common Stock							$ 7,190,000,000

Cover Page - shares	6 Months Ended
Cover Page - shares	Feb. 27, 2025	Mar. 13, 2025
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Feb. 27, 2025
Document Transition Report	false
Entity File Number	1-10658
Entity Registrant Name	Micron Technology, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	75-1618004
Entity Address, Address Line One	8000 S. Federal Way
Entity Address, City or Town	Boise
Entity Address, State or Province	ID
Entity Address, Postal Zip Code	83716
City Area Code	208
Local Phone Number	368-4000
Title of 12(b) Security	Common Stock, par value $0.10 per share
Trading Symbol	MU
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,117,571,525
Entity Central Index Key	0000723125
Current Fiscal Year End Date	--08-28
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q2
Amendment Flag	false

Receivables

6 Months Ended

Feb. 27, 2025

Receivables [Abstract]

Receivables


As of	February 27, 2025		August 29, 2024

Trade receivables	$	5,092	$	5,419
Government incentives	951		834
Income and other taxes	331		268
Other	130		94
	$	6,504	$	6,615

Fair Value Measurements

6 Months Ended

Feb. 27, 2025

Fair Value Disclosures [Abstract]

Fair Value Measurements

The estimated fair values and carrying values of our outstanding debt instruments were as follows:


	As of February 27, 2025				As of August 29, 2024
	Fair Value		Carrying Value		Fair Value		Carrying Value

Notes payable and term loans	$	11,413	$	11,541	$	11,316	$	11,343

The fair values of our debt instruments were estimated based on Level 2 inputs, including the trading price of our notes when available, discounted cash flows, and interest rates based on similar debt issued by parties with credit ratings similar to ours.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

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+ Details

Accounts Payable and Accrued Expenses (Tables)

6 Months Ended

Feb. 27, 2025

Payables and Accruals [Abstract]

Schedule of Accounts Payable And Accrued Expenses


As of	February 27, 2025		August 29, 2024

Accounts payable	$	2,383	$	2,726
Property, plant, and equipment	2,515		2,925
Salaries, wages, and benefits	614		1,117
Income and other taxes	366		218
Other	298		313
	$	6,176	$	7,299

Contingencies	6 Months Ended
Contingencies	Feb. 27, 2025
Loss Contingency [Abstract]
Contingencies	Contingencies We are currently a party to legal actions other than those described below arising from the normal course of business, none of which are expected to have a material adverse effect on our business, results of operations, or financial condition. Patent Matters As is typical in the semiconductor and other high-tech industries, from time to time, others have asserted, and may in the future assert, that our products or manufacturing processes infringe upon their intellectual property rights. A description of certain claims is below. On April 28, 2021, Netlist, Inc. (“Netlist”) filed two patent infringement actions against Micron, Micron Semiconductor Products, Inc. (“MSP”), and Micron Technology Texas, LLC (“MTEC”) in the U.S. District Court for the Western District of Texas. The first complaint alleges that one U.S. patent is infringed by certain of our non-volatile dual in-line memory modules. The second complaint alleges that three U.S. patents are infringed by certain of our load-reduced dual in-line memory modules (“LRDIMMs”). Each complaint seeks injunctive relief, damages, attorneys’ fees, and costs. On March 31, 2022, Netlist filed a patent infringement complaint against Micron and Micron Semiconductor Germany, GmbH in Dusseldorf Regional Court alleging that two German patents are infringed by certain of our LRDIMMs. The complaint seeks damages, costs, and injunctive relief. In rulings issued on March 7, 2024 and November 7, 2024, the Federal Patent Court in Germany declared both patents invalid. Netlist has appealed those rulings. On June 10, 2022, Netlist filed a patent infringement complaint against Micron, MSP, and MTEC in the U.S. District Court for the Eastern District of Texas (“E.D. Tex.”) alleging that six U.S. patents are infringed by certain of our memory modules and HBM products. On August 1, 2022, Netlist filed a second patent infringement complaint against the same defendants in E.D. Tex. alleging that one U.S. patent is infringed by certain of our LRDIMMs. On August 15, 2022, Netlist amended the second complaint to assert that two additional U.S. patents are infringed by certain of our LRDIMMs. The complaints in E.D. Tex. seek injunctive relief, damages, and attorneys’ fees. On May 23, 2024, following a four-day trial regarding the second complaint filed by Netlist in the E.D. Tex., a jury rendered a verdict that Micron’s memory modules infringe two asserted patents — U.S. Patent No. 7,619,912 (“the ‘912 patent”) and U.S. Patent No. 11,093,417 (“the ‘417 patent”) — and found that Micron should pay $425 million for infringement of the ‘912 patent and $20 million for infringement of the ‘417 patent. Micron expects to appeal the verdict. On April 17, 2024, the Patent Trial and Appeal Board (“PTAB”) of the United States Patent and Trademark Office (“USPTO”) issued a final written decision (“FWD”) finding unpatentable the sole asserted claim of the ‘912 patent. On September 10, 2024, Netlist filed a notice that it will appeal the ruling that the ‘912 patent is invalid to the U.S. Court of Appeals for the Federal Circuit (“Federal Circuit”). On July 30, 2024, the USPTO issued a FWD finding unpatentable all asserted claims of the ‘417 patent. On December 10, 2024, Netlist filed a notice that it will appeal the ruling that the ‘417 patent is invalid to the Federal Circuit. In the case of each of the ‘912 and ‘417 patents, if the United States Court of Appeals for the Federal Circuit affirms the FWD, then the affirmed FWD will preclude any pending actions asserting infringement of such patent (including any infringement verdict that is subject to an ongoing appeal). On January 23, 2023, Besang Inc. filed a patent infringement complaint against Micron in the U.S. District Court for the E.D. Tex. The complaint alleges that one U.S. patent is infringed by certain of our 3D NAND and SSD products. The complaint seeks an injunction, damages, attorneys’ fees, and costs. On November 9, 2023, Yangtze Memory Technologies Company, Ltd. (“YMTC”) filed a patent infringement complaint against Micron and one of its subsidiaries in the U.S. District Court for the Northern District of California (“N.D. Cal.”). The complaint alleges that eight U.S. patents are infringed by certain of our 3D NAND products. The complaint seeks an injunction, damages, attorneys’ fees, and costs. On January 22, 2024, Micron Semiconductor (Shanghai) Co., Ltd. (“MSS”) was served with three patent infringement complaints filed by YMTC in Beijing Intellectual Property Court and on February 27, 2024, Micron Technology, Inc. (“MTI”) was served with the same complaints. The complaints assert that MTI and MSS infringed three Chinese patents owned by YMTC by importing, selling, offering for sale, and assisting others to sell certain 3D NAND products and SSDs in China. The complaint seeks an injunction, damages, attorneys’ fees, and costs. On July 12, 2024, YMTC filed a second complaint against Micron and its subsidiary in N.D. Cal. The second complaint alleges that eleven U.S. patents are infringed by certain of our 3D NAND and DDR5 DRAM products. The complaint seeks an injunction, damages, attorneys’ fees, and costs. On September 11, 2024, MSS was served with five patent infringement complaints filed by YMTC in Shanghai Intellectual Property Court. The complaints assert that MTI and MSS infringed five Chinese patents owned by YMTC by importing, selling, offering for sale, and assisting others to sell certain 3D NAND products and SSDs in China. The complaint seeks an injunction, damages, attorneys’ fees, and costs. On October 16, 2024, Palisade Technologies, LLP filed a patent infringement lawsuit against Micron and MSP in the U.S. District Court for the W.D. Tex. The complaint alleges that five U.S. patents are infringed by certain of our DRAM, NAND, 3D NAND, and SSD products. The complaint seeks an injunction, damages, attorneys’ fees, and costs. The above lawsuits pertain to substantially all of our DRAM, NAND, and other memory and storage products we manufacture, which account for substantially all of our revenue. Securities Class Action Matters On January 9, 2025, a putative class action complaint was filed against Micron and certain individual officers in the U.S. District Court for the Southern District of Florida for alleged violations of the Securities Exchange Act of 1934. The complaint alleges defendants made materially false or misleading statements during a putative class period from September 18, 2024 to December 18, 2024, regarding the demand for Micron's products, particularly NAND and consumer-oriented products. The complaint seeks unspecified compensatory damages, attorneys' fees and costs. Shareholder Derivative Matters On February 20, 2025, a shareholder derivative complaint was filed by a purported shareholder against certain individual directors and officers of Micron, allegedly on behalf of and for the benefit of Micron, in the U.S. District Court for the District of Idaho. On February 21, 2025, a similar related derivative complaint was filed by another purported shareholder in the same court against certain individual directors and officers of Micron. The complaints allege violations of the Securities Exchange Act of 1934, breach of fiduciary duty, unjust enrichment, insider trading, abuse of control, and waste of corporate assets. The complaints are based on substantially the same allegedly false or misleading statements asserted in the securities class action matter. The complaints seek various unspecified damages allegedly suffered by Micron, restitution, attorneys' fees and costs and other relief, including reforms and improvements to our corporate governance and internal procedures. Antitrust Matters On May 15, 2018, the Chinese State Administration for Market Regulation (“SAMR”) notified Micron that it was investigating potential collusion and other anticompetitive conduct by DRAM suppliers in China. On May 31, 2018, SAMR made unannounced visits to our sales offices in Beijing, Shanghai, and Shenzhen to seek certain information as part of its investigation. We are cooperating with SAMR in its investigation. Other Matters In the normal course of business, we are a party to a variety of agreements pursuant to which we may be obligated to indemnify another party. It is not possible to predict the maximum potential amount of future payments under these types of agreements due to the conditional nature of our obligations and the unique facts and circumstances involved in each particular agreement. Historically, our payments under these types of agreements have not had a material adverse effect on our business, results of operations, or financial condition. Contingency Assessment We are unable to predict the outcome of any of the matters noted above and cannot make a reasonable estimate of the potential loss or range of possible losses. A determination that our products or manufacturing processes infringe the intellectual property rights of others or entering into a license agreement covering such intellectual property could result in significant liability and/or require us to make material changes to our products and/or manufacturing processes. Any of the foregoing, as well as the resolution of any other legal matter noted above, could have a material adverse effect on our business, results of operations, or financial condition.

- Definition

The entire disclosure for loss and gain contingencies. Describes any existing condition, situation, or set of circumstances involving uncertainty as of the balance sheet date (or prior to issuance of the financial statements) as to a probable or reasonably possible loss incurred by an entity that will ultimately be resolved when one or more future events occur or fail to occur, and typically discloses the amount of loss recorded or a range of possible loss, or an assertion that no reasonable estimate can be made.

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+ Details

Leases (Tables)

6 Months Ended

Feb. 27, 2025

Leases [Abstract]

Schedule of Components of Lease Expense


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Finance lease cost
Amortization of right-of-use asset	$	75	$	37	$	137	$	69
Interest on lease liability	30		24		54		30
Operating lease cost(1)	37		35		75		68
	$	142	$	96	$	266	$	167

(1)Operating lease cost includes short-term and variable lease expenses, which were not material for the periods presented.

Schedule of Other Lease Information

Supplemental cash flow information related to leases was as follows:


Six months ended	February 27, 2025		February 29, 2024

Cash flows used for operating activities
Finance leases	$	51	$	25
Operating leases	73		66
Cash flows used for financing activities – Finance leases	138		60
Noncash acquisitions of right-of-use assets
Finance leases	919		483
Operating leases	30		12

Supplemental balance sheet information related to leases was as follows:


As of	February 27, 2025			August 29, 2024

Finance lease right-of-use assets (included in property, plant, and equipment)	$	2,822		$	2,038
Current operating lease liabilities (included in accounts payable and accrued expenses)	69			71

Weighted-average remaining lease term (in years)
Finance leases	7			8
Operating leases	10			10
Weighted-average discount rate
Finance leases	5.11		%	4.91		%
Operating leases	3.57		%	3.42		%

Schedule of Finance Lease Maturities


	Finance Leases		Operating Leases

Remainder of 2025	$	311	$	46
2026	599		88
2027	580		91
2028	559		84
2029	466		78
2030 and thereafter	694		418
Less imputed interest	(395)		(137)
	$	2,814	$	668

Schedule of Operating Lease Maturities


	Finance Leases		Operating Leases

Remainder of 2025	$	311	$	46
2026	599		88
2027	580		91
2028	559		84
2029	466		78
2030 and thereafter	694		418
Less imputed interest	(395)		(137)
	$	2,814	$	668

Significant Accounting Policies (Policies)	6 Months Ended
Significant Accounting Policies (Policies)	Feb. 27, 2025
Accounting Policies [Abstract]
Basis of Presentation	The accompanying consolidated financial statements include the accounts of Micron Technology, Inc. and our consolidated subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) consistent in all material respects with those applied in our Annual Report on Form 10-K for the year ended August 29, 2024.
Fiscal Period	Our fiscal year is the 52 or 53-week period ending on the Thursday closest to August 31. Fiscal years 2025 and 2024 each contain 52 weeks. All period references are to our fiscal periods unless otherwise indicated. These interim financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended August 29, 2024.

Receivables (Tables)

6 Months Ended

Feb. 27, 2025

Receivables [Abstract]

Schedule of Receivables


As of	February 27, 2025		August 29, 2024

Trade receivables	$	5,092	$	5,419
Government incentives	951		834
Income and other taxes	331		268
Other	130		94
	$	6,504	$	6,615

Earnings Per Share

6 Months Ended

Feb. 27, 2025

Earnings Per Share [Abstract]

Earnings Per Share


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Net income (loss) – Basic and Diluted	$	1,583	$	793	$	3,453	$	(441)

Weighted-average common shares outstanding – Basic	1,115		1,104		1,113		1,102
Dilutive effect of equity compensation plans	8		10		10		—
Weighted-average common shares outstanding – Diluted	1,123		1,114		1,123		1,102

Earnings (loss) per share
Basic	$	1.42	$	0.72	$	3.10	$	(0.40)
Diluted	1.41		0.71		3.08		(0.40)

Antidilutive potential common shares excluded from the computation of diluted earnings per share, that could dilute basic earnings per share in the future, were 9 million and 6 million for the second quarter and first six months of 2025, respectively, and were 4 million and 33 million for the second quarter and first six months of 2024, respectively.

Cash and Investments (Tables)

6 Months Ended

Feb. 27, 2025

Investments and Cash [Abstract]

Cash and Investments

All of our short-term investments and long-term marketable investments were classified as available-for-sale as of the dates noted below. Cash and equivalents and the fair values of our available-for-sale investments, which approximated amortized costs, were as follows:


	As of February 27, 2025								As of August 29, 2024
	Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value		Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value

Cash	$	7,334	$	—	$	—	$	7,334	$	6,654	$	—	$	—	$	6,654
Level 1(2)
Money market funds	17		—		—		17		20		—		—		20
Level 2(3)
Certificates of deposit	147		6		—		153		316		6		—		322
Corporate bonds	—		520		880		1,400		—		771		571		1,342
Asset-backed securities	—		28		430		458		—		46		433		479
Government securities	23		51		65		139		35		82		42		159
Commercial paper	31		58		—		89		16		160		—		176
	7,552		$	663	$	1,375	$	9,590	7,041		$	1,065	$	1,046	$	9,152
Restricted cash(4)	11								11
Cash, cash equivalents, and restricted cash	$	7,563							$	7,052

(1)The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.

(2)The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.

(3)The fair value of Level 2 securities is measured using information obtained from pricing services, which obtain quoted market prices for similar instruments, non-binding market consensus prices that are corroborated by observable market data, or various other methodologies, to determine the appropriate value at the measurement date. We perform supplemental analysis to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of February 27, 2025 or August 29, 2024.

(4)Restricted cash is included in other current assets and primarily relates to certain government incentives received prior to being earned and for which restrictions lapse upon achieving certain performance conditions or which will be returned if performance conditions are not met.

Cash and Equivalents and the Fair Values of Available-for-sale Investments


	As of February 27, 2025								As of August 29, 2024
	Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value		Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value

Cash	$	7,334	$	—	$	—	$	7,334	$	6,654	$	—	$	—	$	6,654
Level 1(2)
Money market funds	17		—		—		17		20		—		—		20
Level 2(3)
Certificates of deposit	147		6		—		153		316		6		—		322
Corporate bonds	—		520		880		1,400		—		771		571		1,342
Asset-backed securities	—		28		430		458		—		46		433		479
Government securities	23		51		65		139		35		82		42		159
Commercial paper	31		58		—		89		16		160		—		176
	7,552		$	663	$	1,375	$	9,590	7,041		$	1,065	$	1,046	$	9,152
Restricted cash(4)	11								11
Cash, cash equivalents, and restricted cash	$	7,563							$	7,052

(1)The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.

(2)The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.

- Definition

Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-9

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (aa)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (aaa)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-2

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-3

+ Details

Income Taxes (Tables)

6 Months Ended

Feb. 27, 2025

Income Tax Disclosure [Abstract]

Schedule of Income Tax (Provision) Benefit

Our income tax (provision) benefit consisted of the following:


	Quarter Ended						Six months ended
	February 27, 2025			February 29, 2024			February 27, 2025		February 29, 2024

Income (loss) before taxes	$	1,758		$	170		3,910		(985)
Income tax (provision) benefit	(177)			622			(460)		549
Effective tax rate	10.1		%	(365.9)		%	11.8	%	55.7	%

Cash and Investments (Details) - USD ($)
$ in Millions

Feb. 27, 2025

Aug. 29, 2024

Feb. 29, 2024

Aug. 31, 2023

Debt Securities, Available-for-sale [Line Items]

Cash and Equivalents

$ 7,552

$ 7,041

Short-term Investments

663

1,065

Long-term Marketable Investments

^[1]

1,375

1,046

Total Fair Value

9,590

9,152

Restricted cash

^[2]

Cash, cash equivalents, and restricted cash

$ 7,563

7,052

$ 8,101

$ 8,656

Minimum

Debt Securities, Available-for-sale [Line Items]

Debt Securities, Available-for-sale, Term, Noncurrent

1 year

Maximum

Debt Securities, Available-for-sale [Line Items]

Debt Securities, Available-for-sale, Term, Noncurrent

5 years

Cash

Debt Securities, Available-for-sale [Line Items]

Cash and Equivalents

$ 7,334

6,654

Short-term Investments

Long-term Marketable Investments

Total Fair Value

7,334

6,654

Money market funds | Level 1

Debt Securities, Available-for-sale [Line Items]

Cash and Equivalents

^[3]

Short-term Investments

^[3]

Long-term Marketable Investments

^[1],[3]

Total Fair Value

^[3]

Certificates of deposit | Level 2

Debt Securities, Available-for-sale [Line Items]

Cash and Equivalents

^[4]

147

316

Short-term Investments

^[4]

Long-term Marketable Investments

^[1],[4]

Total Fair Value

^[4]

153

322

Corporate bonds | Level 2

Debt Securities, Available-for-sale [Line Items]

Cash and Equivalents

^[4]

Short-term Investments

^[4]

520

771

Long-term Marketable Investments

^[1],[4]

880

571

Total Fair Value

^[4]

1,400

1,342

Asset-backed securities | Level 2

Debt Securities, Available-for-sale [Line Items]

Cash and Equivalents

^[4]

Short-term Investments

^[4]

Long-term Marketable Investments

^[1],[4]

430

433

Total Fair Value

^[4]

458

479

Government securities | Level 2

Debt Securities, Available-for-sale [Line Items]

Cash and Equivalents

^[4]

Short-term Investments

^[4]

Long-term Marketable Investments

^[1],[4]

Total Fair Value

^[4]

139

159

Commercial paper | Level 2

Debt Securities, Available-for-sale [Line Items]

Cash and Equivalents

^[4]

Short-term Investments

^[4]

160

Long-term Marketable Investments

^[1],[4]

Total Fair Value

^[4]

$ 89

$ 176

[1]	The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.
[2]	Restricted cash is included in other current assets and primarily relates to certain government incentives received prior to being earned and for which restrictions lapse upon achieving certain performance conditions or which will be returned if performance conditions are not met.
[3]	The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.
[4]	The fair value of Level 2 securities is measured using information obtained from pricing services, which obtain quoted market prices for similar instruments, non-binding market consensus prices that are corroborated by observable market data, or various other methodologies, to determine the appropriate value at the measurement date. We perform supplemental analysis to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of February 27, 2025 or August 29, 2024.

Certain Concentrations

6 Months Ended

Feb. 27, 2025

Risks and Uncertainties [Abstract]

Certain Concentrations

Revenue by market segment as a percent of total revenue, rounded to the nearest 5%, is presented in the table below:


Six months ended	February 27, 2025		February 29, 2024

Data center and networking	55	%	25	%
Mobile	15	%	25	%
PC, graphics, and other	15	%	30	%
Intelligent edge – automotive, industrial, and consumer embedded	10	%	20	%

Percentages of total revenue may not total 100% due to rounding.

Revenue from one customer was 15% (primarily included in the CNBU segment) of total revenue for the first six months of 2025. Revenue from one customer was 11% (primarily included in the MBU, EBU and CNBU segments) of total revenue for the first six months of 2024.

Revenue and Customer Contract Liabilities

6 Months Ended

Feb. 27, 2025

Revenue from Contract with Customer [Abstract]

Revenue and Customer Contract Liabilities

Revenue by Technology


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

DRAM	$	6,123	$	4,158	$	12,523	$	7,585
NAND	1,855		1,567		4,096		2,797
Other (primarily NOR)	75		99		143		168
	$	8,053	$	5,824	$	16,762	$	10,550

See “Item 1. Financial Statements – Notes to Consolidated Financial Statements – Segment and Other Information” for disclosure of disaggregated revenue by market segment.

Revenue is primarily recognized at a point in time when control of the promised goods is transferred to our customers in an amount that reflects the consideration we expect to be entitled to in exchange for those goods. Substantially all contracts with our customers are short-term in duration at fixed, negotiated prices with payment generally due shortly after delivery. From time to time, we have contracts with initial terms that include performance obligations that extend beyond one year. As of February 27, 2025, our future performance obligations beyond one year were $142 million, which included customer prepayments and other contract liabilities.

As of February 27, 2025 and August 29, 2024, customer prepayments made to secure product supply in future periods and other contract liabilities were $555 million and $907 million, respectively, of which $413 million and $766 million were reported in other current liabilities, respectively. The remainder of the customer prepayments and other contract liabilities were in other noncurrent liabilities. Revenue recognized during the first six months of 2025 from the beginning balance as of August 29, 2024 included $365 million from shipments against customer prepayments and other contract liabilities.

As of February 27, 2025 and August 29, 2024, other current liabilities included $756 million and $718 million, respectively, for estimates of consideration payable to customers including estimates for pricing adjustments and returns.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-9

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-15

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-13

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org/606/tableOfContent

+ Details

Debt - Long-term Debt (Details) - USD ($)
$ in Millions

6 Months Ended

Jan. 17, 2025

Feb. 27, 2025

Jan. 16, 2025

Aug. 29, 2024

Long-term Debt by Current and Noncurrent

Total Long-term Debt

$ 11,541

Finance Lease Effective Rate (in ten thousandths)

5.11%

4.91%

Current Finance Lease Obligations

$ 504

$ 325

Long-Term Finance Lease Obligations

2,310

1,729

Total Finance Lease Obligations

2,814

2,054

Long-term Debt and Lease Obligation

Current debt (including finance lease obligation)

504

431

Long-term debt (including finance lease obligation)

13,851

12,966

Total Net Carrying Amount of Debt (including finance lease obligation)

$ 14,355

$ 13,397

Current finance lease liability, statement of financial position

Current debt (including finance lease obligation)

Noncurrent finance lease liability, statement of financial position

Long-term debt (including finance lease obligation)

Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]

Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]

Interest rate swap | Fair value hedges | Designated hedging instruments

Long-term Debt and Lease Obligation

Notional or Contractual Amount

$ 900

Spread on 2027 Variable Interest Rate

3.33%

Corporate Bonds | 2027 Notes(1)

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

^[1]

4.185%

Effective Rate (in ten thousandths)

^[1]

4.27%

Current Portion of Long-term Debt

^[1]

$ 0

Noncurrent Long-Term Debt

^[1]

846

838

Total Long-term Debt

^[1]

$ 846

838

Corporate Bonds | 2028 Notes

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

5.375%

Effective Rate (in ten thousandths)

5.52%

Current Portion of Long-term Debt

$ 0

Noncurrent Long-Term Debt

597

Total Long-term Debt

$ 597

597

Corporate Bonds | 2029 A Notes

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

5.327%

Effective Rate (in ten thousandths)

5.40%

Current Portion of Long-term Debt

$ 0

Noncurrent Long-Term Debt

698

Total Long-term Debt

$ 698

698

Corporate Bonds | 2029 B Notes

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

6.75%

Effective Rate (in ten thousandths)

6.54%

Current Portion of Long-term Debt

$ 0

Noncurrent Long-Term Debt

1,260

1,261

Total Long-term Debt

$ 1,260

1,261

Corporate Bonds | 2030 Notes

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

4.663%

Effective Rate (in ten thousandths)

4.73%

Current Portion of Long-term Debt

$ 0

Noncurrent Long-Term Debt

847

Total Long-term Debt

$ 847

847

Corporate Bonds | 2031 Notes

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

5.30%

Effective Rate (in ten thousandths)

5.41%

Current Portion of Long-term Debt

$ 0

Noncurrent Long-Term Debt

994

Total Long-term Debt

$ 994

994

Corporate Bonds | 2032 Green Bonds

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

2.703%

Effective Rate (in ten thousandths)

2.77%

Current Portion of Long-term Debt

$ 0

Noncurrent Long-Term Debt

996

Total Long-term Debt

$ 996

996

Corporate Bonds | 2033 A Notes

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

5.875%

Effective Rate (in ten thousandths)

5.96%

Current Portion of Long-term Debt

$ 0

Noncurrent Long-Term Debt

746

745

Total Long-term Debt

$ 746

745

Corporate Bonds | 2033 B Notes

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

5.875%

Effective Rate (in ten thousandths)

6.01%

Current Portion of Long-term Debt

$ 0

Noncurrent Long-Term Debt

891

Total Long-term Debt

$ 891

891

Corporate Bonds | 2035 Notes

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

5.80%

Effective Rate (in ten thousandths)

5.90%

Current Portion of Long-term Debt

$ 0

Noncurrent Long-Term Debt

992

Total Long-term Debt

$ 992

Corporate Bonds | 2041 Notes

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

3.366%

Effective Rate (in ten thousandths)

3.41%

Current Portion of Long-term Debt

$ 0

Noncurrent Long-Term Debt

497

Total Long-term Debt

$ 497

497

Corporate Bonds | 2051 Notes

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

3.477%

Effective Rate (in ten thousandths)

3.52%

Current Portion of Long-term Debt

$ 0

Noncurrent Long-Term Debt

496

Total Long-term Debt

496

Corporate Bonds | 2026 Notes

Long-term Debt by Current and Noncurrent

Current Portion of Long-term Debt

Noncurrent Long-Term Debt

499

Total Long-term Debt

$ 0

499

Term Loan | 2029 Term Loan A

Long-term Debt by Current and Noncurrent

Stated Rate (exact percentage)

5.445%

Effective Rate (in ten thousandths)

5.48%

Current Portion of Long-term Debt

$ 0

Noncurrent Long-Term Debt

1,681

Total Long-term Debt

1,681

Long-term Debt and Lease Obligation

Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]

Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]

Term Loan | 2026 Term Loan A

Long-term Debt by Current and Noncurrent

Current Portion of Long-term Debt

Noncurrent Long-Term Debt

872

Total Long-term Debt

921

Term Loan | 2027 Term Loan A

Long-term Debt by Current and Noncurrent

Current Portion of Long-term Debt

Noncurrent Long-Term Debt

1,006

Total Long-term Debt

$ 0

$ 1,063

[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.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 27, 2025	Feb. 29, 2024	Feb. 27, 2025	Feb. 29, 2024
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 1,583	$ 793	$ 3,453	$ (441)
Other comprehensive income (loss), net of tax
Gains (losses) on derivative instruments	29	(11)	(56)	33
Unrealized gains (losses) on investments	2	9	0	16
Pension liability adjustments	(1)	(3)	(1)	(1)
Foreign currency translation adjustments	0	1	0	0
Other comprehensive income (loss)	30	(4)	(57)	48
Total comprehensive income (loss)	$ 1,613	$ 789	$ 3,396	$ (393)

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-6

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-9

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481687/323-10-50-3

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-28

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482765/220-10-50-6

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-3

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-8

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-11

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
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-Name Accounting Standards Codification
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-Paragraph 11
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-11

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
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-Paragraph 2
-SubTopic 10
-Topic 505
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-2

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-Topic 250
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-Name Accounting Standards Codification
-Section 50
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-Publisher FASB
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-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
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-Topic 830
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-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481694/830-30-45-17

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-Topic 944
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-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

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-SubTopic 10
-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-Section S99
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-Subparagraph (b)
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-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1A

+ Details

Property, Plant, and Equipment

6 Months Ended

Feb. 27, 2025

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment


As of	February 27, 2025		August 29, 2024

Land	$	352	$	284
Buildings	20,939		20,141
Equipment(1)	75,024		70,813
Construction in progress(2)	4,427		3,444
Software	1,518		1,365
	102,260		96,047
Accumulated depreciation	(59,732)		(56,298)
	$	42,528	$	39,749

(1)Includes costs related to equipment not placed into service of $2.88 billion as of February 27, 2025 and $3.10 billion as of August 29, 2024.

(2)Primarily includes building-related construction and tool installation.

Equity - Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Feb. 27, 2025	Nov. 28, 2024	Feb. 29, 2024	Nov. 30, 2023	Feb. 27, 2025	Feb. 29, 2024
Accumulated Other Comprehensive Income (Loss)
Balance of total equity	$ 46,797	$ 45,131	$ 42,885	$ 44,120	$ 45,131	$ 44,120
Other comprehensive income (loss)	30	(87)	(4)	52	(57)	48
Balance of total equity	48,633	46,797	43,870	42,885	48,633	43,870
Gains (Losses) on Derivative Instruments
Accumulated Other Comprehensive Income (Loss)
Balance of total equity		(162)			(162)
Other comprehensive income (loss) before reclassifications					(127)
Amount reclassified out of accumulated other comprehensive income (loss)					74
Tax effects					(3)
Other comprehensive income (loss)					(56)
Balance of total equity	(218)				(218)
Unrealized Gains (Losses) on Investments
Accumulated Other Comprehensive Income (Loss)
Balance of total equity		(8)			(8)
Other comprehensive income (loss) before reclassifications					1
Amount reclassified out of accumulated other comprehensive income (loss)					0
Tax effects					(1)
Other comprehensive income (loss)					0
Balance of total equity	(8)				(8)
Pension Liability Adjustments
Accumulated Other Comprehensive Income (Loss)
Balance of total equity		39			39
Other comprehensive income (loss) before reclassifications					0
Amount reclassified out of accumulated other comprehensive income (loss)					(2)
Tax effects					1
Other comprehensive income (loss)					(1)
Balance of total equity	38				38
Cumulative Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss)
Balance of total equity		(3)			(3)
Other comprehensive income (loss) before reclassifications					0
Amount reclassified out of accumulated other comprehensive income (loss)					0
Tax effects					0
Other comprehensive income (loss)					0
Balance of total equity	(3)				(3)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Balance of total equity	(221)	(134)	(260)	(312)	(134)	(312)
Other comprehensive income (loss) before reclassifications					(126)
Amount reclassified out of accumulated other comprehensive income (loss)					72
Tax effects					(3)
Other comprehensive income (loss)	30	(87)	(4)	52	(57)
Balance of total equity	$ (191)	$ (221)	$ (264)	$ (260)	$ (191)	$ (264)

Other Operating (Income) Expense, Net

6 Months Ended

Feb. 27, 2025

Other Income and Expenses [Abstract]

Other Operating (Income) Expense, Net


	Quarter ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Patent cross-license agreement gain	—		(200)		—		(200)
Other	7		(24)		5		(39)
	$	7	$	(224)	$	5	$	(239)

Equity Compensation Plans (Tables)

6 Months Ended

Feb. 27, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Restricted Stock Awards


Six months ended	February 27, 2025		February 29, 2024

Restricted stock award shares granted	10		12
Weighted-average grant-date fair value per share	$	100.65	$	67.78

Stock-based Compensation Expense


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Stock-based compensation expense by caption
Cost of goods sold	$	89	$	80	$	179	$	147
Research and development	88		77		165		145
Selling, general, and administrative	56		52		106		99
	$	233	$	209	$	450	$	391

Stock-based compensation expense by type of award
Restricted stock awards	$	212	$	191	$	404	$	354
ESPP	21		18		46		37
	$	233	$	209	$	450	$	391

STATEMENT OF CHANGES IN EQUITY - USD ($) shares in Millions, $ in Millions	Total	Common Stock	Additional Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Aug. 31, 2023		1,239
Balance of total equity at Aug. 31, 2023	$ 44,120	$ 124	$ 11,036	$ 40,824	$ (7,552)	$ (312)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(1,234)			(1,234)
Other comprehensive income (loss), net	52					52
Stock issued under equity compensation plans (in shares)		8
Stock issued under equity compensation plans	9	$ 0	9
Stock-based compensation expense	188		188
Repurchase of stock - withholdings on employee equity awards (in shares)		(2)
Repurchase of stock - withholdings on employee equity awards	$ (121)	$ 0	(16)	(105)
Dividends and dividend equivalents declared (per share)	$ 0.115
Dividends and dividend equivalents declared	$ (129)			(129)
Balance (in shares) at Nov. 30, 2023		1,245
Balance of total equity at Nov. 30, 2023	42,885	$ 124	11,217	39,356	(7,552)	(260)
Balance (in shares) at Aug. 31, 2023		1,239
Balance of total equity at Aug. 31, 2023	44,120	$ 124	11,036	40,824	(7,552)	(312)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(441)
Other comprehensive income (loss), net	48
Balance (in shares) at Feb. 29, 2024		1,248
Balance of total equity at Feb. 29, 2024	43,870	$ 125	11,564	39,997	(7,552)	(264)
Balance (in shares) at Nov. 30, 2023		1,245
Balance of total equity at Nov. 30, 2023	42,885	$ 124	11,217	39,356	(7,552)	(260)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	793			793
Other comprehensive income (loss), net	(4)					(4)
Stock issued under equity compensation plans (in shares)		3
Stock issued under equity compensation plans	137	$ 1	136
Stock-based compensation expense	213		213
Repurchase of stock - withholdings on employee equity awards (in shares)		0
Repurchase of stock - withholdings on employee equity awards	$ (24)	$ 0	(2)	(22)
Dividends and dividend equivalents declared (per share)	$ 0.115
Dividends and dividend equivalents declared	$ (130)			(130)
Balance (in shares) at Feb. 29, 2024		1,248
Balance of total equity at Feb. 29, 2024	$ 43,870	$ 125	11,564	39,997	(7,552)	(264)
Balance (in shares) at Aug. 29, 2024	1,253	1,253
Balance of total equity at Aug. 29, 2024	$ 45,131	$ 125	12,115	40,877	(7,852)	(134)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	1,870			1,870
Other comprehensive income (loss), net	(87)					(87)
Stock issued under equity compensation plans (in shares)		7
Stock issued under equity compensation plans	2	$ 1	1
Stock-based compensation expense	220		220
Repurchase of stock - withholdings on employee equity awards (in shares)		(2)
Repurchase of stock - withholdings on employee equity awards	$ (207)	$ 0	(19)	(188)
Dividends and dividend equivalents declared (per share)	$ 0.115
Dividends and dividend equivalents declared	$ (132)			(132)
Balance (in shares) at Nov. 28, 2024		1,258
Balance of total equity at Nov. 28, 2024	$ 46,797	$ 126	12,317	42,427	(7,852)	(221)
Balance (in shares) at Aug. 29, 2024	1,253	1,253
Balance of total equity at Aug. 29, 2024	$ 45,131	$ 125	12,115	40,877	(7,852)	(134)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	3,453
Other comprehensive income (loss), net	$ (57)					(57)
Balance (in shares) at Feb. 27, 2025	1,262	1,262
Balance of total equity at Feb. 27, 2025	$ 48,633	$ 126	12,711	43,839	(7,852)	(191)
Balance (in shares) at Nov. 28, 2024		1,258
Balance of total equity at Nov. 28, 2024	46,797	$ 126	12,317	42,427	(7,852)	(221)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	1,583			1,583
Other comprehensive income (loss), net	30					30
Stock issued under equity compensation plans (in shares)		4
Stock issued under equity compensation plans	150	$ 0	150
Stock-based compensation expense	249		249
Repurchase of stock - withholdings on employee equity awards (in shares)		0
Repurchase of stock - withholdings on employee equity awards	$ (45)	$ 0	(5)	(40)
Dividends and dividend equivalents declared (per share)	$ 0.115
Dividends and dividend equivalents declared	$ (131)			(131)
Balance (in shares) at Feb. 27, 2025	1,262	1,262
Balance of total equity at Feb. 27, 2025	$ 48,633	$ 126	$ 12,711	$ 43,839	$ (7,852)	$ (191)

Leases

6 Months Ended

Feb. 27, 2025

Leases [Abstract]

[Finance] Leases

Leases

The components of lease cost are presented below:


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Finance lease cost
Amortization of right-of-use asset	$	75	$	37	$	137	$	69
Interest on lease liability	30		24		54		30
Operating lease cost(1)	37		35		75		68
	$	142	$	96	$	266	$	167

(1)Operating lease cost includes short-term and variable lease expenses, which were not material for the periods presented.

Supplemental cash flow information related to leases was as follows:


Six months ended	February 27, 2025		February 29, 2024

Cash flows used for operating activities
Finance leases	$	51	$	25
Operating leases	73		66
Cash flows used for financing activities – Finance leases	138		60
Noncash acquisitions of right-of-use assets
Finance leases	919		483
Operating leases	30		12

Supplemental balance sheet information related to leases was as follows:


As of	February 27, 2025			August 29, 2024

Finance lease right-of-use assets (included in property, plant, and equipment)	$	2,822		$	2,038
Current operating lease liabilities (included in accounts payable and accrued expenses)	69			71

Weighted-average remaining lease term (in years)
Finance leases	7			8
Operating leases	10			10
Weighted-average discount rate
Finance leases	5.11		%	4.91		%
Operating leases	3.57		%	3.42		%

As of February 27, 2025, maturities of lease liabilities by fiscal year were as follows:


	Finance Leases		Operating Leases

Remainder of 2025	$	311	$	46
2026	599		88
2027	580		91
2028	559		84
2029	466		78
2030 and thereafter	694		418
Less imputed interest	(395)		(137)
	$	2,814	$	668

The table above excludes obligations for leases that have been executed but have not yet commenced. As of February 27, 2025, excluded obligations consisted of $860 million of finance lease obligations over a weighted-average period of 14 years for gas supply arrangements deemed to contain embedded leases and equipment leases. We will recognize right-of-use assets and associated lease liabilities at the time such assets become available for our use.

[Operating] Leases

Leases

The components of lease cost are presented below:


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Finance lease cost
Amortization of right-of-use asset	$	75	$	37	$	137	$	69
Interest on lease liability	30		24		54		30
Operating lease cost(1)	37		35		75		68
	$	142	$	96	$	266	$	167

(1)Operating lease cost includes short-term and variable lease expenses, which were not material for the periods presented.

Supplemental cash flow information related to leases was as follows:


Six months ended	February 27, 2025		February 29, 2024

Cash flows used for operating activities
Finance leases	$	51	$	25
Operating leases	73		66
Cash flows used for financing activities – Finance leases	138		60
Noncash acquisitions of right-of-use assets
Finance leases	919		483
Operating leases	30		12

Supplemental balance sheet information related to leases was as follows:


As of	February 27, 2025			August 29, 2024

Finance lease right-of-use assets (included in property, plant, and equipment)	$	2,822		$	2,038
Current operating lease liabilities (included in accounts payable and accrued expenses)	69			71

Weighted-average remaining lease term (in years)
Finance leases	7			8
Operating leases	10			10
Weighted-average discount rate
Finance leases	5.11		%	4.91		%
Operating leases	3.57		%	3.42		%

As of February 27, 2025, maturities of lease liabilities by fiscal year were as follows:


	Finance Leases		Operating Leases

Remainder of 2025	$	311	$	46
2026	599		88
2027	580		91
2028	559		84
2029	466		78
2030 and thereafter	694		418
Less imputed interest	(395)		(137)
	$	2,814	$	668

Inventories (Tables)

6 Months Ended

Feb. 27, 2025

Inventory Disclosure [Abstract]

Schedule of Inventories


As of	February 27, 2025		August 29, 2024

Finished goods	$	1,355	$	1,308
Work in process	6,782		6,774
Raw materials and supplies	870		793
	$	9,007	$	8,875

Derivative Instruments - Notional Amounts and Fair Values (Details) - USD ($)
$ in Millions

6 Months Ended

Feb. 27, 2025

Aug. 29, 2024

Fair Value of Derivative Assets and Liabilities

Fair Value of Assets

^[1],[2]

$ 69

$ 95

Fair Value of Liabilities

^[2],[3]

$ (163)

(182)

Designated hedging instruments | Cash flow hedges

Fair Value of Derivative Assets and Liabilities

General maturity of cash flow and fair value hedges (in years)

2 years

Designated hedging instruments | Cash flow hedges | Currency hedges

Notional Disclosures

Notional or Contractual Amount

$ 3,937

3,724

Fair Value of Derivative Assets and Liabilities

Fair Value of Assets

^[1],[2]

Fair Value of Liabilities

^[2],[3]

(91)

(71)

Designated hedging instruments | Cash flow hedges | Commodity hedges

Notional Disclosures

Notional or Contractual Amount

465

471

Fair Value of Derivative Assets and Liabilities

Fair Value of Assets

^[1],[2]

Fair Value of Liabilities

^[2],[3]

(14)

(7)

Designated hedging instruments | Fair value hedges | Currency hedges

Notional Disclosures

Notional or Contractual Amount

2,457

2,511

Fair Value of Derivative Assets and Liabilities

Fair Value of Assets

^[1],[2]

Fair Value of Liabilities

^[2],[3]

$ 0

(41)

General maturity of cash flow and fair value hedges (in years)

1 year

Designated hedging instruments | Fair value hedges | Interest rate swap

Notional Disclosures

Notional or Contractual Amount

$ 900

900

Fair Value of Derivative Assets and Liabilities

Fair Value of Assets

^[1],[2]

Fair Value of Liabilities

^[2],[3]

(53)

(60)

Not designated hedging instruments | Currency hedges

Notional Disclosures

Notional or Contractual Amount

2,887

2,393

Fair Value of Derivative Assets and Liabilities

Fair Value of Assets

^[1],[2]

Fair Value of Liabilities

^[2],[3]

$ (5)

$ (3)

General maturity of currency forward contracts (in months)

3 months

[1]	Included in receivables and other noncurrent assets.
[2]	Forward and swap contracts are measured at fair value based on market-based observable inputs including market spot and forward rates, interest rates, and credit-risk spreads (Level 2).
[3]	Included in accounts payable and accrued expenses and other noncurrent liabilities.

Segment and Other Information

6 Months Ended

Feb. 27, 2025

Segment Reporting [Abstract]

Segment and Other Information

Segment information reported herein is consistent with how it is reviewed and evaluated by our chief operating decision maker. We have the following four business units, which are our reportable segments:

Compute and Networking Business Unit (“CNBU”): Includes memory products and solutions sold into the data center, PC, graphics, and networking markets.

Storage Business Unit (“SBU”): Includes SSDs and component-level storage solutions sold into the data center, PC, and consumer markets.

Mobile Business Unit (“MBU”): Includes memory and storage products sold into the smartphone and other mobile-device markets.

Embedded Business Unit (“EBU”): Includes memory and storage products and solutions sold into the intelligent edge through the automotive, industrial, and consumer embedded markets.

Certain operating expenses directly associated with the activities of a specific segment are charged to that segment. Other indirect operating income and expenses are generally allocated to segments based on their respective percentage of cost of goods sold or forecasted wafer production. We do not identify or report internally our assets (other than goodwill) or capital expenditures by segment, nor do we allocate gains and losses from equity method investments, interest, other non-operating income or expense items, or taxes to segments.


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Revenue
CNBU	$	4,564	$	2,185	$	8,959	$	3,922
SBU	1,392		905		3,123		1,558
MBU	1,068		1,598		2,595		2,891
EBU	1,025		1,111		2,077		2,148
All Other	4		25		8		31
Total revenue	$	8,053	$	5,824	$	16,762	$	10,550

Operating income (loss)
CNBU	$	1,919	$	28	$	3,630	$	(369)
SBU	24		(217)		371		(707)
MBU	60		(9)		387		(696)
EBU	3		(1)		14		9
All Other	1		21		(1)		25
	2,007		(178)		4,401		(1,738)

Unallocated
Stock-based compensation	(233)		(209)		(450)		(391)
Lower costs from sale of inventory written down in prior periods	—		382		—		987
Patent cross-license agreement gain	—		200		—		200
Other	(1)		(4)		(4)		5
	(234)		369		(454)		801

Total operating income (loss)	$	1,773	$	191	$	3,947	$	(937)

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
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-Name Accounting Standards Codification
-Section 55
-Paragraph 48
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-URI https://asc.fasb.org/1943274/2147482785/280-10-55-48

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Inventories (Details) - USD ($) $ in Millions	Feb. 27, 2025	Aug. 29, 2024
Inventory, Net, Items Net of Reserve Alternative [Abstract]
Finished goods	$ 1,355	$ 1,308
Work in process	6,782	6,774
Raw materials and supplies	870	793
Inventories	$ 9,007	$ 8,875

Segment and Other Information (Details) $ in Millions	3 Months Ended		6 Months Ended
Segment and Other Information (Details) $ in Millions	Feb. 27, 2025 USD ($)	Feb. 29, 2024 USD ($)	Feb. 27, 2025 USD ($) segment	Feb. 29, 2024 USD ($)
Reportable Segments
Number of reportable segments \| segment			4
Net sales
Revenue	$ 8,053	$ 5,824	$ 16,762	$ 10,550
Operating income (loss)
Stock-based compensation	(233)	(209)	(450)	(391)
Patent cross-license agreement gain	0	200	0	200
Operating income (loss)	1,773	191	3,947	(937)
Operating Segments
Operating income (loss)
Operating income (loss)	2,007	(178)	4,401	(1,738)
Unallocated
Operating income (loss)
Stock-based compensation	(233)	(209)	(450)	(391)
Lower costs from sale of inventory written down in prior periods	0	382	0	987
Patent cross-license agreement gain	0	200	0	200
Other	(1)	(4)	(4)	5
Operating income (loss)	(234)	369	(454)	801
CNBU
Net sales
Revenue	4,564	2,185	8,959	3,922
CNBU \| Operating Segments
Operating income (loss)
Operating income (loss)	1,919	28	3,630	(369)
SBU
Net sales
Revenue	1,392	905	3,123	1,558
SBU \| Operating Segments
Operating income (loss)
Operating income (loss)	24	(217)	371	(707)
MBU
Net sales
Revenue	1,068	1,598	2,595	2,891
MBU \| Operating Segments
Operating income (loss)
Operating income (loss)	60	(9)	387	(696)
EBU
Net sales
Revenue	1,025	1,111	2,077	2,148
EBU \| Operating Segments
Operating income (loss)
Operating income (loss)	3	(1)	14	9
All Other
Net sales
Revenue	4	25	8	31
All Other \| Operating Segments
Operating income (loss)
Operating income (loss)	$ 1	$ 21	$ (1)	$ 25

Fair Value Measurements (Details) - USD ($) $ in Millions	Feb. 27, 2025	Aug. 29, 2024
Fair Value
Fair Value of Notes Payable
Notes and term loans (level 2)	$ 11,413	$ 11,316
Carrying Value
Fair Value of Notes Payable
Notes and term loans (level 2)	$ 11,541	$ 11,343

Other Operating (Income) Expense, Net (Tables)

6 Months Ended

Feb. 27, 2025

Other Income and Expenses [Abstract]

Schedule of Other (Income) Expense, Net


	Quarter ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Patent cross-license agreement gain	—		(200)		—		(200)
Other	7		(24)		5		(39)
	$	7	$	(224)	$	5	$	(239)

Equity (Tables)

6 Months Ended

Feb. 27, 2025

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)


	Gains (Losses) on Derivative Instruments		Unrealized Gains (Losses) on Investments		Pension Liability Adjustments		Cumulative Foreign Currency Translation Adjustment		Total

As of August 29, 2024	$	(162)	$	(8)	$	39	$	(3)	$	(134)
Other comprehensive income (loss) before reclassifications	(127)		1		—		—		(126)
Amount reclassified out of accumulated other comprehensive income (loss)	74		—		(2)		—		72
Tax effects	(3)		(1)		1		—		(3)
Other comprehensive income (loss)	(56)		—		(1)		—		(57)
As of February 27, 2025	$	(218)	$	(8)	$	38	$	(3)	$	(191)

Derivative Instruments (Tables)

6 Months Ended

Feb. 27, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments


	Notional or Contractual Amount		Fair Value(1) of
			Assets(2)		Liabilities(3)

As of February 27, 2025
Derivative instruments with hedge accounting designation
Cash flow currency hedges	$	3,937	$	11	$	(91)
Cash flow commodity hedges	465		12		(14)
Fair value currency hedges	2,457		18		—
Fair value interest rate hedges	900		—		(53)

Derivative instruments without hedge accounting designation
Non-designated currency hedges	2,887		28		(5)
			$	69	$	(163)

As of August 29, 2024
Derivative instruments with hedge accounting designation
Cash flow currency hedges	$	3,724	$	57	$	(71)
Cash flow commodity hedges	471		20		(7)
Fair value currency hedges	2,511		—		(41)
Fair value interest rate hedges	900		—		(60)

Derivative instruments without hedge accounting designation
Non-designated currency hedges	2,393		18		(3)
			$	95	$	(182)

(1)Forward and swap contracts are measured at fair value based on market-based observable inputs including market spot and forward rates, interest rates, and credit-risk spreads (Level 2).

(2)Included in receivables and other noncurrent assets.

(3)Included in accounts payable and accrued expenses and other noncurrent liabilities.

Schedule of Gains and Losses on Derivatives


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Gain (loss) from cash flow hedges in accumulated other comprehensive income (loss)	$	17	$	(45)	$	(116)	$	(43)
Gain (loss) excluded from effectiveness testing in cost of goods sold	(27)		(34)		(56)		(70)
Gain (loss) reclassified from accumulated other comprehensive income (loss) to earnings, primarily to cost of goods sold	(34)		(56)		(74)		(100)

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References + Details

Equity Compensation Plans

6 Months Ended

Feb. 27, 2025

Share-Based Payment Arrangement [Abstract]

Equity Compensation Plans

As of February 27, 2025, 57 million shares of our common stock were available for future awards under our equity compensation plans, including 9 million shares approved for issuance under our employee stock purchase plan (“ESPP”).

Restricted Stock and Restricted Stock Units (“Restricted Stock Awards”)

Restricted Stock Awards activity is summarized as follows:


Six months ended	February 27, 2025		February 29, 2024

Restricted stock award shares granted	10		12
Weighted-average grant-date fair value per share	$	100.65	$	67.78

Employee Stock Purchase Plan (“ESPP”)

For each six-month ESPP offering period that ended in the second quarter of 2025 and 2024, employees purchased 2 million in each period at a share price of $78.63 and $60.68, respectively.

Stock-based Compensation Expense

Stock-based compensation expense recognized in our statements of operations is presented below. Stock-based compensation expense of $118 million and $99 million was capitalized and remained in inventory as of February 27, 2025 and August 29, 2024, respectively.


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Stock-based compensation expense by caption
Cost of goods sold	$	89	$	80	$	179	$	147
Research and development	88		77		165		145
Selling, general, and administrative	56		52		106		99
	$	233	$	209	$	450	$	391

Stock-based compensation expense by type of award
Restricted stock awards	$	212	$	191	$	404	$	354
ESPP	21		18		46		37
	$	233	$	209	$	450	$	391

As of February 27, 2025, $1.96 billion of total unrecognized compensation costs for unvested awards, before the effect of any future forfeitures, was expected to be recognized through the second quarter of 2029, resulting in a weighted-average period of 1.3 years.

Debt - Activity (Details) - USD ($) $ in Millions				6 Months Ended
Debt - Activity (Details) - USD ($) $ in Millions	Feb. 12, 2025	Jan. 17, 2025	Jan. 16, 2025	Feb. 27, 2025
Extinguishment of Debt [Line Items]
Increase (Decrease) in Principal				$ 250
Increase (Decrease) in Carrying Value				243
Increase (Decrease) in Cash				$ 238
2035 Notes \| Corporate Bonds
Extinguishment of Debt [Line Items]
Increase (Decrease) in Principal			$ 1,000
Increase (Decrease) in Carrying Value			992
Increase in Cash [from debt issuance]			$ 992
2029 Term Loan A \| Term Loan
Extinguishment of Debt [Line Items]
Increase (Decrease) in Principal		$ 1,684
Increase (Decrease) in Carrying Value		1,681
Increase in Cash [from debt issuance]		1,681
2026 Notes \| Corporate Bonds
Extinguishment of Debt [Line Items]
Increase (Decrease) in Principal	$ (500)
Increase (Decrease) in Carrying Value	(499)
Decrease in Cash [from repayments of debt]	$ (501)
2026 Term Loan A \| Term Loan
Extinguishment of Debt [Line Items]
Increase (Decrease) in Principal		(897)
Increase (Decrease) in Carrying Value		(896)
Decrease in Cash [from repayments of debt]		(897)
2027 Term Loan A \| Term Loan
Extinguishment of Debt [Line Items]
Increase (Decrease) in Principal		(1,037)
Increase (Decrease) in Carrying Value		(1,035)
Decrease in Cash [from repayments of debt]		$ (1,037)

Income Taxes

6 Months Ended

Feb. 27, 2025

Income Tax Disclosure [Abstract]

Income Taxes

Our income tax (provision) benefit consisted of the following:


	Quarter Ended						Six months ended
	February 27, 2025			February 29, 2024			February 27, 2025		February 29, 2024

Income (loss) before taxes	$	1,758		$	170		3,910		(985)
Income tax (provision) benefit	(177)			622			(460)		549
Effective tax rate	10.1		%	(365.9)		%	11.8	%	55.7	%

For the first quarter of 2024, our tax expense was based on actual results for jurisdictions where small changes in our projected pre-tax income would have caused significant changes in the estimated annual effective tax rate. Beginning in the second quarter of 2024, we were able to estimate a more reliable annual effective tax rate and reverted to a global annual effective tax rate method for all jurisdictions. Applying this updated rate to our year-to-date earnings resulted in the tax benefit of $622 million recognized in the second quarter of 2024.

The change in our effective tax rate for the second quarter of 2025 as compared to the second quarter of 2024 was primarily due to changes in profitability and the aforementioned calculation of our tax expense in the second quarter of 2024. The change in our effective tax rate for the first six months of 2025 as compared to the first six months of 2024 was primarily due to changes in profitability.

We operate in a number of jurisdictions outside the United States, including Singapore, where we have tax incentive arrangements. These incentives expire, in whole or in part, at various dates through 2034 and are conditional, in part, upon meeting certain business operations and employment thresholds. The effect of tax incentive arrangements reduced our tax provision by $171 million (benefiting our diluted earnings per share by $0.15) and $383 million (benefiting our diluted earnings per share by $0.34) for the second quarter and first six months of 2025, respectively. As a result of the low level of profitability and geographic mix of income, the benefit from tax incentive arrangements was not material for the second quarter and first six months of 2024.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12C

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12B

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1
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-URI https://asc.fasb.org/1943274/2147477891/740-270-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 10
-Name Accounting Standards Codification
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
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-URI https://asc.fasb.org/1943274/2147480990/946-20-50-13

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
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-URI https://asc.fasb.org/740/tableOfContent

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-Section 50
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-Publisher FASB
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-17

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
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-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482603/740-30-50-2

+ Details

Certain Concentrations (Tables)

6 Months Ended

Feb. 27, 2025

Risks and Uncertainties [Abstract]

Schedule of Market Concentration Risk

Revenue by market segment as a percent of total revenue, rounded to the nearest 5%, is presented in the table below:


Six months ended	February 27, 2025		February 29, 2024

Data center and networking	55	%	25	%
Mobile	15	%	25	%
PC, graphics, and other	15	%	30	%
Intelligent edge – automotive, industrial, and consumer embedded	10	%	20	%

Percentages of total revenue may not total 100% due to rounding.

Equity Plans - Stock-based compensation expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 27, 2025	Feb. 29, 2024	Feb. 27, 2025	Feb. 29, 2024	Aug. 29, 2024
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	$ 233	$ 209	$ 450	$ 391
Equity Plans, Additional Disclosures
Total unrecognized compensation costs related to unvested awards expected to be recognized	1,960		$ 1,960
Weighted average period that unrecognized compensation costs is expected to be recognized (in years)			1 year 3 months 18 days
Equity plans
Equity Plans, Additional Disclosures
Expense capitalized and remained in inventory	118		$ 118		$ 99
Restricted stock awards
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	212	191	404	354
Employee Stock Purchase Plan
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	21	18	46	37
Cost of goods sold
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	89	80	179	147
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	88	77	165	145
Selling, general, and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation expense	$ 56	$ 52	$ 106	$ 99

Leases - Cost and Cash Flows (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Feb. 27, 2025

Feb. 29, 2024

Feb. 27, 2025

Feb. 29, 2024

Aug. 29, 2024

Components of Lease Expense

Amortization of right-of-use asset

$ 75

$ 37

$ 137

$ 69

Interest on lease liability

Operating lease cost(1)

^[1]

Total lease cost

$ 142

$ 96

266

167

Cash flows used for operating activities

Finance leases

Operating leases

Cash flows used for financing activities

Cash flows used for financing activities – Finance leases

138

Finance leases, noncash acquisitions of right-of-use assets

919

483

Operating leases, noncash acquisitions of right-of-use assets

$ 30

$ 12

Lessee, Finance Lease Description

Finance Lease Right-of-Use Asset, Balance Sheet Location

Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization

Finance lease right-of-use assets (included in property, plant, and equipment)

$ 2,822

$ 2,038

Finance leases, Weighted-average remaining lease term (in years)

7 years

8 years

Finance leases, Weighted-average discount rate

5.11%

4.91%

Lessee, Operating Lease Description

Operating Lease Liability, Balance Sheet Location

Accounts payable and accrued expenses

Current operating lease liabilities (included in accounts payable and accrued expenses)

$ 69

$ 71

Operating leases, Weighted-average remaining lease term (in years)

10 years

Operating leases, Weighted-average discount rate

3.57%

3.42%

[1]	Operating lease cost includes short-term and variable lease expenses, which were not material for the periods presented.

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

- 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
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-Name Accounting Standards Codification
-Section 55
-Paragraph 69B
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-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
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-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
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-Topic 505
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-Paragraph 3
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Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 942
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Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 505
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Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
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-Section 50
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Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
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-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-7

+ Details

Segment and Other Information (Tables)

6 Months Ended

Feb. 27, 2025

Segment Reporting [Abstract]

Schedule of Results by Segment


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Revenue
CNBU	$	4,564	$	2,185	$	8,959	$	3,922
SBU	1,392		905		3,123		1,558
MBU	1,068		1,598		2,595		2,891
EBU	1,025		1,111		2,077		2,148
All Other	4		25		8		31
Total revenue	$	8,053	$	5,824	$	16,762	$	10,550

Operating income (loss)
CNBU	$	1,919	$	28	$	3,630	$	(369)
SBU	24		(217)		371		(707)
MBU	60		(9)		387		(696)
EBU	3		(1)		14		9
All Other	1		21		(1)		25
	2,007		(178)		4,401		(1,738)

Unallocated
Stock-based compensation	(233)		(209)		(450)		(391)
Lower costs from sale of inventory written down in prior periods	—		382		—		987
Patent cross-license agreement gain	—		200		—		200
Other	(1)		(4)		(4)		5
	(234)		369		(454)		801

Total operating income (loss)	$	1,773	$	191	$	3,947	$	(937)

Contingencies (Details) $ in Millions	6 Months Ended
Contingencies (Details) $ in Millions	Feb. 27, 2025 USD ($) patent
Netlist Inc. vs Micron - Complaint 1 \| Patent Matters \| Pending Litigation
Loss Contingencies [Line Items]
Number of patents allegedly infringed	1
Netlist Inc. vs Micron - Complaint 2 \| Patent Matters \| Pending Litigation
Loss Contingencies [Line Items]
Number of patents allegedly infringed	3
Netlist Inc. vs Micron - Complaint 3 \| Patent Matters \| Litigation Under Appeal
Loss Contingencies [Line Items]
Number of patents found invalid	2
Netlist Inc. vs Micron - Complaint 4 \| Patent Matters \| Pending Litigation
Loss Contingencies [Line Items]
Number of patents allegedly infringed	6
Netlist Inc. vs Micron - Complaint 5 \| Patent Matters
Loss Contingencies [Line Items]
Number of patents allegedly infringed	1
Netlist Inc. vs Micron - Complaint 5 Amendment \| Patent Matters \| Expecting Appeal
Loss Contingencies [Line Items]
Number of patents allegedly infringed	2
Number of patents found infringed (jury)	2
Netlist Inc. vs Micron - Complaint 5 Amendment \| Patent 7,619,912 \| Expecting Appeal
Loss Contingencies [Line Items]
Damages awarded to Netlist (jury) \| $	$ 425
Netlist Inc. vs Micron - Complaint 5 Amendment \| Patent 7,619,912 \| Litigation Under Appeal
Loss Contingencies [Line Items]
Number of patents found invalid	1
Netlist Inc. vs Micron - Complaint 5 Amendment \| Patent 11,093,417 \| Expecting Appeal
Loss Contingencies [Line Items]
Damages awarded to Netlist (jury) \| $	$ 20
Netlist Inc. vs Micron - Complaint 5 Amendment \| Patent 11,093,417 \| Litigation Under Appeal
Loss Contingencies [Line Items]
Number of patents found invalid	1
Besang, Inc. vs Micron \| Patent Matters \| Pending Litigation
Loss Contingencies [Line Items]
Number of patents allegedly infringed	1
Yangtze Memory Technologies Company, Ltd. vs Micron - Complaint 1 \| Patent Matters \| Pending Litigation
Loss Contingencies [Line Items]
Number of patents allegedly infringed	8
Yangtze Memory Technologies Company, Ltd. vs Micron - Complaints 2, 3, 4 \| Patent Matters \| Pending Litigation
Loss Contingencies [Line Items]
Number of patents allegedly infringed	3
Yangtze Memory Technologies Company, Ltd. Complaint 5 \| Patent Matters \| Pending Litigation
Loss Contingencies [Line Items]
Number of patents allegedly infringed	11
Yangtze Memory Technologies Company, Ltd. Complaint 6_7_8_9_10 \| Patent Matters \| Pending Litigation
Loss Contingencies [Line Items]
Number of patents allegedly infringed	5
Palisade Technologies, LLP vs Micron \| Patent Matters \| Pending Litigation
Loss Contingencies [Line Items]
Number of patents allegedly infringed	5

Inventories

6 Months Ended

Feb. 27, 2025

Inventory Disclosure [Abstract]

Inventories


As of	February 27, 2025		August 29, 2024

Finished goods	$	1,355	$	1,308
Work in process	6,782		6,774
Raw materials and supplies	870		793
	$	9,007	$	8,875

Cash and Investments - Non-marketable Equity Investments (Details) - USD ($) $ in Millions	6 Months Ended
	Feb. 29, 2024	Feb. 27, 2025	Aug. 29, 2024
Equity Securities without Readily Determinable Fair Value [Line Items]
Non-marketable Equity Investments without Readily Determinable Fair Value, Impairment Loss, Annual Amount	$ (31)
Fair Value, Inputs, Level 3
Equity Securities without Readily Determinable Fair Value [Line Items]
Non-marketable Equity Investments without Readily Determinable Fair Value, Amount		$ 196	$ 190

Income Taxes (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Feb. 27, 2025	Feb. 29, 2024	Feb. 27, 2025	Feb. 29, 2024
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest [Abstract]
Income (loss) before taxes	$ 1,758	$ 170	$ 3,910	$ (985)
Income tax (provision) benefit	$ (177)	$ 622	$ (460)	$ 549
Effective tax rate	10.10%	(365.90%)	11.80%	55.70%
Tax benefit from incentive arrangements	$ 171		$ 383
Tax benefit per diluted share from incentive arrangements	$ 0.15		$ 0.34

- Definition

Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments.

+ References + Details

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-9

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
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-Name Accounting Standards Codification
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-Paragraph 1
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
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-Name Accounting Standards Codification
-Section S99
-Paragraph 1
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-Publisher FASB
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section S99
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-SubTopic 10
-Topic 235
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

+ Details

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares shares in Millions	Feb. 27, 2025	Aug. 29, 2024
Shareholders’ equity
Common Stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common Stock, authorized shares (in shares)	3,000	3,000
Common Stock, issued (in shares)	1,262	1,253
Common Stock, outstanding (in shares)	1,118	1,109
Treasury Stock, held (in shares)	144	144

Earnings Per Share (Tables)

6 Months Ended

Feb. 27, 2025

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Net income (loss) – Basic and Diluted	$	1,583	$	793	$	3,453	$	(441)

Weighted-average common shares outstanding – Basic	1,115		1,104		1,113		1,102
Dilutive effect of equity compensation plans	8		10		10		—
Weighted-average common shares outstanding – Diluted	1,123		1,114		1,123		1,102

Earnings (loss) per share
Basic	$	1.42	$	0.72	$	3.10	$	(0.40)
Diluted	1.41		0.71		3.08		(0.40)

Intangible Assets (Tables)

6 Months Ended

Feb. 27, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets


	As of February 27, 2025						As of August 29, 2024
	Gross Amount		Accumulated Amortization		Net Carrying Amount		Gross Amount		Accumulated Amortization		Net Carrying Amount

Product and process technology	$	609	$	(197)	$	412	$	683	$	(278)	$	405
Other	11		—		11		11		—		11
	$	620	$	(197)	$	423	$	694	$	(278)	$	416

Variable Interest Entities (Details) - USD ($) $ in Millions	Feb. 27, 2025	Aug. 29, 2024
Variable Interest Entity [Line Items]
Finance Lease Right-of-Use Asset	$ 2,822	$ 2,038
Finance Lease Liability	2,814	$ 2,054
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Finance Lease Right-of-Use Asset	1,380
Finance Lease Liability	$ 1,380

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Leases - Not Yet Commenced (Details) $ in Millions	Feb. 27, 2025 USD ($)
Financing Lease, Lease Not yet Commenced
Finance Lease Not yet Commenced
Commitments for purchase obligations	$ 860
Weighted Average
Finance Lease Not yet Commenced
Finance lease not yet commenced, lease term	14 years

Revenue and Customer Contract Liabilities (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 27, 2025	Feb. 29, 2024	Feb. 27, 2025	Feb. 29, 2024	Aug. 29, 2024
Disaggregation of Revenue [Line Items]
Revenue	$ 8,053	$ 5,824	$ 16,762	$ 10,550
Contract with Customer, Liability [Abstract]
Contract Liabilities	555		555		$ 907
Contract Liabilities, Current	413		413		766
Contract Liabilities, Revenue Recognized			365
Contract with Customer, Refund Liability [Abstract]
Estimated consideration payable to customers for pricing adjustments and returns	756		756		$ 718
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2026-02-27
Revenue, Performance Obligation [Abstract]
Amount of Remaining Performance Obligation	$ 142		$ 142
Expected timing of satisfaction of remaining performance obligation
DRAM
Disaggregation of Revenue [Line Items]
Revenue	$ 6,123	4,158	$ 12,523	7,585
NAND
Disaggregation of Revenue [Line Items]
Revenue	1,855	1,567	4,096	2,797
Other (primarily NOR)
Disaggregation of Revenue [Line Items]
Revenue	$ 75	$ 99	$ 143	$ 168

Property, Plant, and Equipment (Tables)

6 Months Ended

Feb. 27, 2025

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant, and Equipment


As of	February 27, 2025		August 29, 2024

Land	$	352	$	284
Buildings	20,939		20,141
Equipment(1)	75,024		70,813
Construction in progress(2)	4,427		3,444
Software	1,518		1,365
	102,260		96,047
Accumulated depreciation	(59,732)		(56,298)
	$	42,528	$	39,749

(1)Includes costs related to equipment not placed into service of $2.88 billion as of February 27, 2025 and $3.10 billion as of August 29, 2024.

(2)Primarily includes building-related construction and tool installation.

Derivative Instruments - Gain (Loss) on Derivatives (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 27, 2025	Feb. 29, 2024	Feb. 27, 2025	Feb. 29, 2024
Designated hedging instruments \| Cash flow hedges
Cash Flow Hedges
Net gains (losses) recognized in other comprehensive income (loss) from cash flow hedges	$ 17	$ (45)	$ (116)	$ (43)
Gain (loss) from components excluded from cash flow hedge effectiveness	(27)	(34)	(56)	(70)
Cash flow hedge gains (losses) reclassified from AOCI to earnings	(34)	$ (56)	(74)	$ (100)
Cash flow hedge (losses) expected to be reclassified into earnings within twelve months			(102)
Currency hedges \| Designated hedging instruments \| Fair value hedges
Fair Value Hedges
Fair Value of Hedged Cash and Investments	2,430		2,430
Change in Unrealized Gain (Loss) on Fair Value Hedging Instruments	49		145
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	(42)		(139)
Currency hedges \| Not designated hedging instruments
Fair Value Hedges
Derivative, Gain (Loss) on Derivative, Net	$ (12)		$ (68)

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Feb. 27, 2025	Feb. 29, 2024	Feb. 27, 2025	Feb. 29, 2024
Income Statement [Abstract]
Revenue	$ 8,053	$ 5,824	$ 16,762	$ 10,550
Cost of goods sold	5,090	4,745	10,451	9,506
Gross margin	2,963	1,079	6,311	1,044
Research and development	898	832	1,786	1,677
Selling, general, and administrative	285	280	573	543
Other operating (income) expense, net	7	(224)	5	(239)
Operating income (loss)	1,773	191	3,947	(937)
Interest income	108	130	215	262
Interest expense	(112)	(144)	(230)	(276)
Other non-operating income (expense), net	(11)	(7)	(22)	(34)
Income (loss) before income taxes and equity in net income (loss) of equity method investees	1,758	170	3,910	(985)
Income tax (provision) benefit	(177)	622	(460)	549
Equity in net income (loss) of equity method investees	2	1	3	(5)
Net income (loss)	$ 1,583	$ 793	$ 3,453	$ (441)
Earnings (loss) per share
Basic (in dollars per share)	$ 1.42	$ 0.72	$ 3.10	$ (0.40)
Diluted (in dollars per share)	$ 1.41	$ 0.71	$ 3.08	$ (0.40)
Number of shares used in per share calculations
Basic (in shares)	1,115	1,104	1,113	1,102
Diluted (in shares)	1,123	1,114	1,123	1,102

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended				6 Months Ended
	Feb. 27, 2025	Nov. 28, 2024	Feb. 29, 2024	Nov. 30, 2023	Feb. 27, 2025	Feb. 29, 2024
Earnings Per Share Reconciliation
Net income (loss) - Basic	$ 1,583	$ 1,870	$ 793	$ (1,234)	$ 3,453	$ (441)
Net income (loss) - Diluted	$ 1,583		$ 793		$ 3,453	$ (441)
Weighted Average Number of Shares Outstanding Reconciliation
Weighted-average common shares outstanding – Basic	1,115		1,104		1,113	1,102
Dilutive effect of equity compensation plans	8		10		10	0
Weighted-average common shares outstanding – Diluted	1,123		1,114		1,123	1,102
Basic (in dollars per share)	$ 1.42		$ 0.72		$ 3.10	$ (0.40)
Diluted (in dollars per share)	$ 1.41		$ 0.71		$ 3.08	$ (0.40)
Antidilutive potential common shares that could dilute basic earnings per share in the future (in shares)	9		4		6	33

Certain Concentrations (Details) - Revenue from Contract with Customer

6 Months Ended

Feb. 27, 2025

Feb. 29, 2024

Product Concentration Risk | Data center and networking

Concentration Risk [Line Items]

Concentration Risk, Percentage

^[1]

55.00%

25.00%

Product Concentration Risk | Mobile

Concentration Risk [Line Items]

Concentration Risk, Percentage

^[1]

15.00%

25.00%

Product Concentration Risk | PC, graphics, and other

Concentration Risk [Line Items]

Concentration Risk, Percentage

^[1]

15.00%

30.00%

Product Concentration Risk | Intelligent edge – automotive, industrial, and consumer embedded

Concentration Risk [Line Items]

Concentration Risk, Percentage

^[1]

10.00%

20.00%

Customer Concentration Risk | Undisclosed Customer 1

Concentration Risk [Line Items]

Concentration Risk, Percentage

15.00%

11.00%

[1]	Percentages of total revenue may not total 100% due to rounding.

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Feb. 27, 2025

Aug. 29, 2024

Assets

Cash and equivalents

$ 7,552

$ 7,041

Short-term investments

663

1,065

Receivables

6,504

6,615

Inventories

9,007

8,875

Other current assets

963

776

Total current assets

24,689

24,372

Long-term marketable investments

^[1]

1,375

1,046

Property, plant, and equipment

42,528

39,749

Operating lease right-of-use assets

637

645

Intangible assets

423

416

Deferred tax assets

552

520

Goodwill

1,150

Other noncurrent assets

1,699

1,518

Total assets

73,053

69,416

Liabilities and equity

Accounts payable and accrued expenses

6,176

7,299

Current debt

504

431

Other current liabilities

1,197

1,518

Total current liabilities

7,877

9,248

Long-term debt

13,851

12,966

Noncurrent operating lease liabilities

599

610

Noncurrent unearned government incentives

836

550

Other noncurrent liabilities

1,257

911

Total liabilities

24,420

24,285

Commitments and contingencies

Shareholders’ equity

Common stock, $0.10 par value, 3,000 shares authorized, 1,262 shares issued and 1,118 outstanding (1,253 shares issued and 1,109 outstanding as of August 29, 2024)

126

125

Additional capital

12,711

12,115

Retained earnings

43,839

40,877

Treasury stock, 144 shares held (144 shares as of August 29, 2024)

(7,852)

Accumulated other comprehensive income (loss)

(191)

(134)

Total equity

48,633

45,131

Total liabilities and equity

$ 73,053

$ 69,416

[1]	The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.

Fair Value Measurements (Tables)

6 Months Ended

Feb. 27, 2025

Fair Value Disclosures [Abstract]

Estimated Fair Value and Carrying Value of Debt Instruments


	As of February 27, 2025				As of August 29, 2024
	Fair Value		Carrying Value		Fair Value		Carrying Value

Notes payable and term loans	$	11,413	$	11,541	$	11,316	$	11,343

Segment Reporting (Policies)	6 Months Ended
Segment Reporting (Policies)	Feb. 27, 2025
Segment Reporting [Abstract]
Segment Reporting Policy	Certain operating expenses directly associated with the activities of a specific segment are charged to that segment. Other indirect operating income and expenses are generally allocated to segments based on their respective percentage of cost of goods sold or forecasted wafer production. We do not identify or report internally our assets (other than goodwill) or capital expenditures by segment, nor do we allocate gains and losses from equity method investments, interest, other non-operating income or expense items, or taxes to segments.

- Definition

Disclosure of accounting policy for segment reporting.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (bb)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 29
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-29

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 36
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-36

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 29
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-29

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 29
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-29

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 29
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-29

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 29
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-29

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 29
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-29

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 29
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-29

+ Details

Cash and Investments

6 Months Ended

Feb. 27, 2025

Investments and Cash [Abstract]

Cash and Investments


	As of February 27, 2025								As of August 29, 2024
	Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value		Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value

Cash	$	7,334	$	—	$	—	$	7,334	$	6,654	$	—	$	—	$	6,654
Level 1(2)
Money market funds	17		—		—		17		20		—		—		20
Level 2(3)
Certificates of deposit	147		6		—		153		316		6		—		322
Corporate bonds	—		520		880		1,400		—		771		571		1,342
Asset-backed securities	—		28		430		458		—		46		433		479
Government securities	23		51		65		139		35		82		42		159
Commercial paper	31		58		—		89		16		160		—		176
	7,552		$	663	$	1,375	$	9,590	7,041		$	1,065	$	1,046	$	9,152
Restricted cash(4)	11								11
Cash, cash equivalents, and restricted cash	$	7,563							$	7,052

(1)The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.

(2)The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.

Gross realized gains and losses from sales of available-for-sale securities were not significant for any period presented.

Non-marketable Equity Investments

In addition to the amounts included in the table above, we had $196 million and $190 million of non-marketable equity investments without a readily determinable fair value that were included in other noncurrent assets as of February 27, 2025 and August 29, 2024, respectively. For non-marketable investments, we recognized in other non-operating income (expense) a net loss of $31 million for the first six months of 2024. The amounts recognized for the other periods presented were not significant. Our non-marketable equity investments are recorded at fair value on a non-recurring basis and classified as Level 3.

Variable Interest Entities	6 Months Ended
Variable Interest Entities	Feb. 27, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	Variable Interest Entities Certain third-party special purpose entities (the "Lease SPEs") facilitate equipment lease financing transactions between us and various financial institutions. Neither we nor the financial institutions have an equity interest in the Lease SPEs, which are variable interest entities. The arrangements are financing vehicles and we do not bear any significant risks from variable interests with the Lease SPEs. We do not direct the activities of the Lease SPEs that most significantly impact their economic performance and, as such, we do not consolidate them. As of February 27, 2025, we had approximately $1.38 billion of finance lease liabilities and right-of-use assets under these arrangements.

Intangible Assets (Details) - USD ($) $ in Millions	6 Months Ended
Intangible Assets (Details) - USD ($) $ in Millions	Feb. 27, 2025	Feb. 29, 2024	Aug. 29, 2024
Amortizing assets [Line Items]
Gross Amount	$ 620		$ 694
Accumulated Amortization	(197)		(278)
Net Carrying Amount	423		416
Additions and Amortization
Amortization of Intangible Assets	35	$ 41
Annual amortization expense for intangible assets
Remainder of 2025	39
2026	61
2027	56
2028	54
2029	46
Product and process technology
Amortizing assets [Line Items]
Gross Amount	609		683
Accumulated Amortization	(197)		(278)
Net Carrying Amount	412		405
Additions and Amortization
Increase in product and process technology from capitalizations	42	$ 40
Other
Amortizing assets [Line Items]
Gross Amount	11		11
Accumulated Amortization	0		0
Net Carrying Amount	$ 11		$ 11
Weighted Average \| Product and process technology
Additions and Amortization
Useful lives of assets placed into service	10 years	9 years

Debt

6 Months Ended

Feb. 27, 2025

Debt Disclosure [Abstract]

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

Debt Activity

The table below presents the effects of debt financing and prepayment activities in the first six months of 2025:


	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

2035 Notes

On January 16, 2025, we issued $1.00 billion principal amount of senior unsecured 2035 Notes in a public offering. The 2035 Notes bear interest at a rate of 5.80% per year and will mature on January 15, 2035.

Prior to October 15, 2034 (the “Par Call Date”), we may redeem the 2035 Notes, in whole or in part, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes to be redeemed and (ii) the present value of the remaining scheduled payments of principal and interest, plus, in each case, accrued interest. On or after the Par Call Date, we may redeem the 2035 Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the 2035 Notes to be redeemed plus accrued interest.

The 2035 Notes contain covenants that, among other things, limit, in certain circumstances, our ability and/or the ability of our restricted subsidiaries (which are generally domestic subsidiaries in which we own at least 80% of the voting stock and which own principal property, as defined in the indenture governing the 2035 Notes) to (1) create or incur certain liens; (2) enter into certain sale and lease-back transactions with respect to any principal property; and (3) consolidate with or merge with or into, or convey, transfer, or lease all or substantially all of our properties and assets, to another entity. These covenants are subject to a number of limitations and exceptions. Additionally, if a change of control triggering event occurs, as defined in the indenture governing the 2035 Notes, we will be required to offer to repurchase the 2035 Notes at a price equal to 101% of the principal amount plus accrued interest up to the repurchase date.

2029 Term Loan A

On January 17, 2025, we entered into a term loan agreement and borrowed $1.68 billion in principal amount due January 17, 2029 (the “Term Loan Agreement”). Borrowings under the Term Loan Agreement will generally bear interest at adjusted term SOFR plus an applicable interest rate margin ranging from 0.875% to 1.50%, depending on our corporate credit ratings.

The Term Loan Agreement requires us to maintain, on a consolidated basis, a net leverage ratio of total net indebtedness to adjusted EBITDA, as defined in the Term Loan Agreement and calculated as of the last day of each fiscal quarter, not to exceed 3.25 to 1.00, subject to a temporary four fiscal quarter increase in such maximum ratio to 3.75 to 1.00 following certain material acquisitions. Our obligations under the Term Loan Agreement are unsecured.

Revolving Credit Facility

On March 12, 2025, we terminated our existing undrawn credit facility and entered into a new five-year unsecured Revolving Credit Facility. Under the Revolving Credit Facility, we can draw up to $3.50 billion which would generally bear interest at a rate equal to adjusted term SOFR plus 0.875% to 1.50%, depending on our corporate credit ratings. Any amounts outstanding under the Revolving Credit Facility would mature on March 12, 2030 and amounts borrowed may be prepaid without penalty.

The Revolving Credit Facility contains the same net leverage ratio and substantially the same other covenants as the Term Loan Agreement.

Maturities of Notes Payable and Term Loans

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

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 470
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/470/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-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 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Section 50
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Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Section 50
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-Subparagraph (c)
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Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
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-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Section 50
-Paragraph 1I
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

+ Details

Other Operating (Income) Expense, Net (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 27, 2025	Feb. 29, 2024	Feb. 27, 2025	Feb. 29, 2024
Other Income and Expenses [Abstract]
Patent cross-license agreement gain	$ 0	$ (200)	$ 0	$ (200)
Other	7	(24)	5	(39)
Other operating (income) expense, net	$ 7	$ (224)	$ 5	$ (239)

Equity

6 Months Ended

Feb. 27, 2025

Equity [Abstract]

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, restrictions applicable under our CHIPS Act direct funding agreements, and our ongoing determination of the best use of available cash. See “Item 1. Financial Statements – Notes to Consolidated Financial Statements – CHIPS Act Funding Agreements.” No shares were repurchased in the first six months of 2025. Through February 27, 2025, we had repurchased an aggregate of $7.19 billion under the authorization. Amounts repurchased are included in treasury stock.

Dividends

We declared and paid dividends of $0.115 per share in the first and second quarters of 2025. On March 20, 2025, our Board of Directors declared a quarterly dividend of $0.115 per share, payable in cash on April 15, 2025, to shareholders of record as of the close of business on March 31, 2025.

Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) by component for the six months ended February 27, 2025 were as follows:


	Gains (Losses) on Derivative Instruments		Unrealized Gains (Losses) on Investments		Pension Liability Adjustments		Cumulative Foreign Currency Translation Adjustment		Total

As of August 29, 2024	$	(162)	$	(8)	$	39	$	(3)	$	(134)
Other comprehensive income (loss) before reclassifications	(127)		1		—		—		(126)
Amount reclassified out of accumulated other comprehensive income (loss)	74		—		(2)		—		72
Tax effects	(3)		(1)		1		—		(3)
Other comprehensive income (loss)	(56)		—		(1)		—		(57)
As of February 27, 2025	$	(218)	$	(8)	$	38	$	(3)	$	(191)

- Definition

The entire disclosure for equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Name Accounting Standards Codification
-Section 50
-Paragraph 13
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-Publisher FASB
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-URI https://asc.fasb.org/1943274/2147481112/505-10-50-14

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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-Name Accounting Standards Codification
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-Paragraph 2
-Subparagraph (d)
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-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478448/946-505-50-6

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
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-Name Accounting Standards Codification
-Section 50
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480237/815-40-50-6

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
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-Paragraph 1
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Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
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-URI https://asc.fasb.org/505/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Section 50
-Paragraph 13
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-13

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (a)
-Publisher FASB
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Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Section 50
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Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Name Accounting Standards Codification
-Section 50
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-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-16

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Name Accounting Standards Codification
-Section 50
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-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-18

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-18

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-18

+ Details

Significant Accounting Policies	6 Months Ended
Significant Accounting Policies	Feb. 27, 2025
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies For a discussion of our significant accounting policies, see “Part II. – Item 8. Financial Statements and Supplementary Data – Notes to Consolidated Financial Statements – Significant Accounting Policies” of our Annual Report on Form 10-K for the year ended August 29, 2024. There have been no changes to our significant accounting policies since our Annual Report on Form 10-K for the year ended August 29, 2024. Basis of Presentation The accompanying consolidated financial statements include the accounts of Micron Technology, Inc. and our consolidated subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) consistent in all material respects with those applied in our Annual Report on Form 10-K for the year ended August 29, 2024. In the opinion of our management, the accompanying unaudited consolidated financial statements contain all necessary adjustments, consisting of a normal recurring nature, to fairly state the financial information set forth herein. Certain reclassifications have been made to prior period amounts to conform to current period presentation. Our fiscal year is the 52 or 53-week period ending on the Thursday closest to August 31. Fiscal years 2025 and 2024 each contain 52 weeks. All period references are to our fiscal periods unless otherwise indicated. These interim financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended August 29, 2024.

Leases - Maturities (Details) - USD ($) $ in Millions	Feb. 27, 2025	Aug. 29, 2024
Finance Lease Maturities
Remainder of 2025	$ 311
2026	599
2027	580
2028	559
2029	466
2030 and thereafter	694
Less imputed interest	(395)
Finance Lease Liability	2,814	$ 2,054
Operating Lease Maturities
Remainder of 2025	46
2026	88
2027	91
2028	84
2029	78
2030 and thereafter	418
Less imputed interest	(137)
Operating Lease Liability	$ 668

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Feb. 27, 2025	Feb. 29, 2024
Cash flows from operating activities
Net income (loss)	$ 3,453	$ (441)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation expense and amortization of intangible assets	4,109	3,839
Stock-based compensation	469	401
Change in operating assets and liabilities:
Receivables	338	(1,759)
Inventories	(132)	(57)
Other current assets	(204)	(799)
Accounts payable and accrued expenses	(714)	573
Other current liabilities	(321)	706
Other	188	157
Net cash provided by operating activities	7,186	2,620
Cash flows from investing activities
Expenditures for property, plant, and equipment	(7,261)	(3,180)
Purchases of available-for-sale securities	(816)	(465)
Proceeds from government incentives	1,028	234
Proceeds from maturities and sales of available-for-sale securities	874	726
Other	(125)	(24)
Net cash provided by (used for) investing activities	(6,300)	(2,709)
Cash flows from financing activities
Repayments of debt	(2,626)	(1,101)
Payments of dividends to shareholders	(261)	(256)
Payments on equipment purchase contracts	0	(82)
Proceeds from issuance of debt	2,682	999
Other	(121)	(18)
Net cash provided by (used for) financing activities	(326)	(458)
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash	(49)	(8)
Net increase (decrease) in cash, cash equivalents, and restricted cash	511	(555)
Cash, cash equivalents, and restricted cash at beginning of period	7,052	8,656
Cash, cash equivalents, and restricted cash at end of period	$ 7,563	$ 8,101

Debt - Maturities of Note Payable and Term Loans (Details) $ in Millions	Feb. 27, 2025 USD ($)
Maturities of Notes Payable
Remainder of 2025	$ 0
2026	0
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)
Total Long-term Debt	$ 11,541

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Feb. 27, 2025
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended				6 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Feb. 27, 2025	Nov. 28, 2024	Feb. 29, 2024	Nov. 30, 2023	Feb. 27, 2025	Feb. 29, 2024
Pay vs Performance Disclosure
Net income (loss)	$ 1,583	$ 1,870	$ 793	$ (1,234)	$ 3,453	$ (441)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

Accounts Payable and Accrued Expenses

6 Months Ended

Feb. 27, 2025

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses


As of	February 27, 2025		August 29, 2024

Accounts payable	$	2,383	$	2,726
Property, plant, and equipment	2,515		2,925
Salaries, wages, and benefits	614		1,117
Income and other taxes	366		218
Other	298		313
	$	6,176	$	7,299

Property, Plant, and Equipment (Details) - USD ($)
$ in Millions

Feb. 27, 2025

Aug. 29, 2024

Property, Plant, and Equipment including Finance Lease Right-of-Use Asset

Property, plant, and equipment, gross

$ 102,260

$ 96,047

Accumulated depreciation

(59,732)

(56,298)

Property, plant, and equipment, net

42,528

39,749

Land

Property, Plant, and Equipment including Finance Lease Right-of-Use Asset

Property, plant, and equipment, gross

352

284

Buildings

Property, Plant, and Equipment including Finance Lease Right-of-Use Asset

Property, plant, and equipment, gross

20,939

20,141

Equipment

Property, Plant, and Equipment including Finance Lease Right-of-Use Asset

Property, plant, and equipment, gross

^[1]

75,024

70,813

Equipment not placed into service

Property, Plant, and Equipment including Finance Lease Right-of-Use Asset

Property, plant, and equipment, gross

2,880

3,100

Construction in progress

Property, Plant, and Equipment including Finance Lease Right-of-Use Asset

Property, plant, and equipment, gross

^[2]

4,427

3,444

Software

Property, Plant, and Equipment including Finance Lease Right-of-Use Asset

Property, plant, and equipment, gross

$ 1,518

$ 1,365

[1]	Includes costs related to equipment not placed into service of $2.88 billion as of February 27, 2025 and $3.10 billion as of August 29, 2024.
[2]	Primarily includes building-related construction and tool installation.

Receivables (Details) - USD ($) $ in Millions	Feb. 27, 2025	Aug. 29, 2024
Receivables [Abstract]
Trade receivables	$ 5,092	$ 5,419
Government incentives	951	834
Income and other taxes	331	268
Other	130	94
Receivables	$ 6,504	$ 6,615

Derivative Instruments

6 Months Ended

Feb. 27, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments


	Notional or Contractual Amount		Fair Value(1) of
			Assets(2)		Liabilities(3)

As of February 27, 2025
Derivative instruments with hedge accounting designation
Cash flow currency hedges	$	3,937	$	11	$	(91)
Cash flow commodity hedges	465		12		(14)
Fair value currency hedges	2,457		18		—
Fair value interest rate hedges	900		—		(53)

Derivative instruments without hedge accounting designation
Non-designated currency hedges	2,887		28		(5)
			$	69	$	(163)

As of August 29, 2024
Derivative instruments with hedge accounting designation
Cash flow currency hedges	$	3,724	$	57	$	(71)
Cash flow commodity hedges	471		20		(7)
Fair value currency hedges	2,511		—		(41)
Fair value interest rate hedges	900		—		(60)

Derivative instruments without hedge accounting designation
Non-designated currency hedges	2,393		18		(3)
			$	95	$	(182)

(1)Forward and swap contracts are measured at fair value based on market-based observable inputs including market spot and forward rates, interest rates, and credit-risk spreads (Level 2).

(2)Included in receivables and other noncurrent assets.

(3)Included in accounts payable and accrued expenses and other noncurrent liabilities.

Derivative Instruments with Hedge Accounting Designation

Cash Flow Hedges: We utilize forward and swap contracts that generally mature within two years designated as cash flow hedges to minimize our exposure to changes in currency exchange rates or commodity prices for certain capital expenditures and manufacturing costs.

The effects of cash flow hedging activities were as follows:


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

Gain (loss) from cash flow hedges in accumulated other comprehensive income (loss)	$	17	$	(45)	$	(116)	$	(43)
Gain (loss) excluded from effectiveness testing in cost of goods sold	(27)		(34)		(56)		(70)
Gain (loss) reclassified from accumulated other comprehensive income (loss) to earnings, primarily to cost of goods sold	(34)		(56)		(74)		(100)

As of February 27, 2025, we expect to reclassify $102 million of pre-tax losses related to cash flow hedges from accumulated other comprehensive income (loss) into earnings in the next 12 months.

Fair Value Hedges: We utilize currency forward contracts that generally mature within one year designated as fair value hedges to minimize our exposure to changes in currency exchange rates for non-U.S.-dollar-denominated cash and investments in debt securities. The fair value of our hedged cash and investments in debt securities was $2.43 billion as of February 27, 2025. The changes in the fair values of derivatives designated as fair value hedges and the offsetting changes in the underlying fair values of the hedged items are both recognized in earnings.

We recognized gains of $49 million and $145 million for the second quarter and first six months of 2025, respectively, for changes in the fair values of our fair value currency hedges and offsetting losses of $42 million and $139 million for the second quarter and first six months of 2025, respectively, for changes in the underlying fair values of the hedged items in other non-operating income (expense). The effects of the fair value currency hedges and the hedged items were not significant for the other periods presented.

We also utilize fixed-to-floating interest rate swaps designated as fair value hedges to minimize certain exposures to changes in the fair value of fixed-rate debt that result from fluctuations in benchmark interest rates. The effects of fair value hedges on our consolidated statements of operations, recognized in interest expense, were not significant for the periods presented.

Derivative Instruments without Hedge Accounting Designation

Currency Derivatives: We generally utilize a rolling hedge strategy with currency forward contracts that mature within three months to hedge our exposures of monetary assets and liabilities from changes in currency exchange rates. At the end of each reporting period, monetary assets and liabilities denominated in currencies other than the U.S. dollar are remeasured into U.S. dollars and the associated outstanding forward contracts are marked to market. Realized and unrealized gains and losses on derivative instruments without hedge accounting designation as well as the changes in the underlying monetary assets and liabilities from changes in currency exchange rates are included in other non-operating income (expense), net.

We recognized losses of $12 million and $68 million for derivative instruments without hedge accounting designation for the second quarter and first six months of 2025, respectively. The amounts recognized in our consolidated statements of operations for the other periods presented were not significant. We do not use derivative instruments for speculative purposes.

Revenue and Customer Contract Liabilities (Tables)

6 Months Ended

Feb. 27, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Revenue by Technology


	Quarter Ended				Six months ended
	February 27, 2025		February 29, 2024		February 27, 2025		February 29, 2024

DRAM	$	6,123	$	4,158	$	12,523	$	7,585
NAND	1,855		1,567		4,096		2,797
Other (primarily NOR)	75		99		143		168
	$	8,053	$	5,824	$	16,762	$	10,550

Equity Plans - Share Based Information, Restricted Stock Awards, and ESPP (Details) - $ / shares shares in Millions	6 Months Ended
	Feb. 27, 2025	Feb. 29, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for future awards (in shares)	57
Restricted stock awards
Restricted Stock Awards and ESPP
Restricted stock award shares granted	10	12
Weighted-average grant-date fair value per share	$ 100.65	$ 67.78
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for future awards (in shares)	9
Restricted Stock Awards and ESPP
ESPP Offering Period	6 months
Stock Issued During Period, Shares, Employee Stock Purchase Plans	2	2
Shares Issued, Price Per Share, ESPP	$ 78.63	$ 60.68

Recently Issued Accounting Standards	6 Months Ended
Recently Issued Accounting Standards	Feb. 27, 2025
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Standards	Recently Issued Accounting Standards In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-07 (ASC Topic 280), Improvements to Reportable Segment Disclosures. This ASU expands on existing reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. This ASU will be effective for our annual reporting for 2025 on a retrospective basis. Adoption of this new guidance will result in increased disclosures in the Notes to Consolidated Financial Statements. In December 2023, the FASB issued ASU 2023-09 (ASC Topic 740), Improvements to Income Tax Disclosures. This ASU requires disaggregated income tax disclosures on the rate reconciliation and income taxes paid. This ASU will be effective for our annual reporting for 2026 on a prospective basis, with retrospective application permitted. Adoption of this new guidance will result in increased disclosures in the Notes to Consolidated Financial Statements. In November 2024, the FASB issued ASU 2024-03 (ASC Topic 220), Disaggregation of Income Statement Expenses. This ASU requires disclosure of certain expenses in the notes to the financial statements. This ASU will be effective for our annual reporting for 2028 on a prospective basis, with retrospective application permitted. Adoption of this new guidance will result in increased disclosures in the Notes to Consolidated Financial Statements.

- Definition

The entire disclosure for change in accounting principle. Includes, but is not limited to, nature, reason, and method of adopting amendment to accounting standards or other change in accounting principle.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476173/280-10-65-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 105
-SubTopic 10
-Name Accounting Standards Codification
-Section 65
-Paragraph 7
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479343/105-10-65-7

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
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+ Details

Intangible Assets

6 Months Ended

Feb. 27, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets


	As of February 27, 2025						As of August 29, 2024
	Gross Amount		Accumulated Amortization		Net Carrying Amount		Gross Amount		Accumulated Amortization		Net Carrying Amount

Product and process technology	$	609	$	(197)	$	412	$	683	$	(278)	$	405
Other	11		—		11		11		—		11
	$	620	$	(197)	$	423	$	694	$	(278)	$	416

In the first six months of 2025 and 2024, we capitalized $42 million and $40 million, respectively, for product and process technology with weighted-average useful lives of 10 years and 9 years, respectively. Amortization expense was $35 million and $41 million for the first six months of 2025 and 2024, respectively. Expected amortization expense is $39 million for the remainder of 2025, $61 million for 2026, $56 million for 2027, $54 million for 2028, and $46 million for 2029.

Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Millions	Feb. 27, 2025	Aug. 29, 2024
Accounts Payable and Accrued Liabilities, Current [Abstract]
Accounts payable	$ 2,383	$ 2,726
Property, plant, and equipment	2,515	2,925
Salaries, wages, and benefits	614	1,117
Income and other taxes	366	218
Other	298	313
Total accounts payable and accrued expenses	$ 6,176	$ 7,299

CHIPS Act Funding Agreements (Details) $ in Millions	Dec. 09, 2024 USD ($)
Direct Funding , Boise, ID and Clay, NY
Government Assistance [Line Items]
Government Assistance, Award Amount	$ 6,100
Direct Funding, Manassas, VA
Government Assistance [Line Items]
Government Assistance, Nonbinding Commitment Amount	$ 275

Debt - Notes, Term Loan, and Revolving Credit Facility (Details) - USD ($)				6 Months Ended
	Mar. 12, 2025	Jan. 17, 2025	Jan. 16, 2025	Feb. 27, 2025
2029 Term Loan and Revolving Credit Facility
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]				Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Corporate Bonds \| 2035 Notes
2035 Notes [Abstract]
Debt Instrument, Face Amount			$ 1,000,000,000.00
Debt Instrument, Interest Rate, Stated Percentage			5.80%	5.80%
Debt Instrument, Redemption Price, Percentage			100.00%
Debt Covenant, Restricted Subsidiaries, Ownership Percentage by Parent (in hundredths)			80.00%
Debt Instrument, Redemption Price Percentage, Change in Control Event			101.00%
Term Loan \| 2029 Term Loan A
2035 Notes [Abstract]
Debt Instrument, Face Amount		$ 1,680,000,000
Debt Instrument, Interest Rate, Stated Percentage				5.445%
2029 Term Loan and Revolving Credit Facility
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]		Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Covenant Description		The Term Loan Agreement requires us to maintain, on a consolidated basis, a net leverage ratio of total net indebtedness to adjusted EBITDA, as defined in the Term Loan Agreement and calculated as of the last day of each fiscal quarter, not to exceed 3.25 to 1.00, subject to a temporary four fiscal quarter increase in such maximum ratio to 3.75 to 1.00 following certain material acquisitions. Our obligations under the Term Loan Agreement are unsecured.
Term Loan \| 2029 Term Loan A \| Minimum
2029 Term Loan and Revolving Credit Facility
Debt Instrument, Basis Spread on Variable Rate		0.875%
Term Loan \| 2029 Term Loan A \| Maximum
2029 Term Loan and Revolving Credit Facility
Debt Instrument, Basis Spread on Variable Rate		1.50%
Debt Instrument, Covenant, Ratio Of Net Debt To Adjusted EBITDA		325.00%
Debt Instrument, Covenant, Ratio of Net Debt To Adjusted EBITDA, Temporary Increase Following Material Acquisitions		375.00%
Revolving Credit Facility \| 2030 Revolving Credit Facility \| Subsequent Event
2029 Term Loan and Revolving Credit Facility
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]	Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Credit Facility, Term	5 years
Available Borrowing Capacity	$ 3,500,000,000
Debt Instrument, Covenant Description	The Revolving Credit Facility contains the same net leverage ratio and substantially the same other covenants as the Term Loan Agreement.
Revolving Credit Facility \| 2030 Revolving Credit Facility \| Minimum \| Subsequent Event
2029 Term Loan and Revolving Credit Facility
Debt Instrument, Basis Spread on Variable Rate	0.875%
Revolving Credit Facility \| 2030 Revolving Credit Facility \| Maximum \| Subsequent Event
2029 Term Loan and Revolving Credit Facility
Debt Instrument, Basis Spread on Variable Rate	1.50%

CHIPS Act Funding Agreements	6 Months Ended
CHIPS Act Funding Agreements	Feb. 27, 2025
Government Assistance [Abstract]
CHIPS Act Funding Agreements	CHIPS Act Funding Agreements On December 9, 2024, we entered into direct funding agreements with the U.S. Department of Commerce for up to $6.1 billion in direct funding pursuant to the CHIPS Act for a planned fab in Boise, Idaho and two planned fabs in Clay, New York. Funding will be based on the achievement of construction, tool installation, and wafer production milestones. We retain discretion with respect to capacity and production volume ramp of each project. The agreements contain representations, warranties, and covenants that relate to compliance with requirements for awards provided for in the CHIPS Act. In addition, the agreements include certain events of default and related rights and remedies, including clawbacks related to the failure to complete a project by an agreed upon completion date, violation of CHIPS Act restrictions on certain activities involving foreign countries and entities of concern, and impermissible use or disposition of a project. We are permitted to make customary and ordinary course recurring dividends (and reasonable ordinary course increases thereof) consistent with our past practice. There are restrictions on our payment of special and one-time dividends during the five-year period following the award date of December 9, 2024. Share repurchases are permitted during the first two years of such five-year period up to amounts specified in the funding agreements to help offset the dilutive effects of employee stock compensation or as otherwise permitted by the U.S. Department of Commerce. Share repurchases are not restricted during the final three years of such five-year period if certain financial and other conditions are satisfied. We may be required to pay upside sharing amounts for a period of up to ten years following the first year in which the cumulative cash flow from a project is positive, if cumulative cash flows from the project exceed a threshold level that is at a significant premium to the baseline projection. The upside sharing amount would equal a modest sharing percentage of the excess cash flows above the threshold level, but not to exceed 75% of award disbursements for a project, after considering any clawbacks or other repayments. On December 9, 2024, we also signed a non-binding preliminary memorandum of terms for up to $275 million in direct funding for our fab in Manassas, Virginia.