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Significant Accounting Policies - Product and Process Technology (Details)	Aug. 28, 2025
Maximum
Amortizing assets
Maximum life of product and process technology intangible assets (in years)	12 years 6 months

- 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.

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+ Details

Revenue and Customer Contract Liabilities

12 Months Ended

Aug. 28, 2025

Revenue from Contract with Customer [Abstract]

Revenue and Customer Contract Liabilities

Revenue by Technology


For the year ended	2025		2024		2023

DRAM	$	28,578	$	17,603	$	10,978
NAND	8,503		7,227		4,206
Other (primarily NOR)	297		281		356
	$	37,378	$	25,111	$	15,540

See Note 27. 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 August 28, 2025, our future performance obligations beyond one year were $143 million, which included customer prepayments and other contract liabilities.

As of August 28, 2025 and August 29, 2024, customer prepayments made to secure product supply in future periods and other contract liabilities were $169 million and $907 million, respectively, of which $26 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 2025 from the beginning balance as of August 29, 2024 included $778 million from shipments against customer prepayments and other contract liabilities.

As of August 28, 2025 and August 29, 2024, other current liabilities included $1.19 billion and $718 million, respectively, for estimates of consideration payable to customers including estimates for pricing adjustments and returns.

In 2023, we received an aggregate of $228 million from settlements of insurance claims involving a power disruption in 2022 and an operational disruption in 2017, of which $186 million was for business interruption and recognized in revenue.

- 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.

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+ Details

Variable Interest Entities	12 Months Ended
Variable Interest Entities	Aug. 28, 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 have the power to direct the activities of the Lease SPEs that most significantly impact their economic performance and, as such, we do not consolidate them. As of August 28, 2025, we had approximately $1.58 billion of financial lease liabilities and right-of-use assets under these arrangements.

Income Taxes (Tables)

12 Months Ended

Aug. 28, 2025

Income Tax Disclosure [Abstract]

Schedule of income (loss) before tax and other items

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


For the year ended	2025		2024		2023

Income (loss) before income taxes and equity in net income (loss) of equity method investees
U.S.	$	686	$	544	$	235
Foreign	8,968		696		(5,893)
	$	9,654	$	1,240	$	(5,658)

Income tax (provision) benefit
Current
U.S. federal	$	(275)	$	(82)	$	(5)
State	(15)		(1)		(1)
Foreign	(670)		(333)		(178)
	(960)		(416)		(184)
Deferred
U.S. federal	(118)		18		(84)
State	—		—		—
Foreign	(46)		(53)		91
	(164)		(35)		7

Income tax (provision) benefit	$	(1,124)	$	(451)	$	(177)

Schedule of components of income tax (provision) benefit

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


For the year ended	2025		2024		2023

Income (loss) before income taxes and equity in net income (loss) of equity method investees
U.S.	$	686	$	544	$	235
Foreign	8,968		696		(5,893)
	$	9,654	$	1,240	$	(5,658)

Income tax (provision) benefit
Current
U.S. federal	$	(275)	$	(82)	$	(5)
State	(15)		(1)		(1)
Foreign	(670)		(333)		(178)
	(960)		(416)		(184)
Deferred
U.S. federal	(118)		18		(84)
State	—		—		—
Foreign	(46)		(53)		91
	(164)		(35)		7

Income tax (provision) benefit	$	(1,124)	$	(451)	$	(177)

Schedule of effective income tax reconciliation

The table below reconciles our tax (provision) benefit based on the U.S. federal statutory rate to our effective rate:


For the year ended	2025				2024				2023

U.S. federal income tax (provision) benefit at statutory rate	$	(2,027)	21.0	%	$	(260)	21.0	%	$	1,188	21.0	%
U.S. tax on foreign operations	(476)		4.9		(7)		0.6		6		0.1
Change in valuation allowance	36		(0.4)		(59)		4.8		(50)		(0.9)
Change in unrecognized tax benefits	(23)		0.2		(41)		3.3		(30)		(0.5)
Foreign tax rate differential	1,132		(11.7)		(214)		17.2		(1,285)		(22.8)
Research and development tax credits	208		(2.2)		76		(6.1)		43		0.8
State taxes, net of federal benefit	(7)		0.1		12		(1.0)		37		0.7
Other	33		(0.3)		42		(3.4)		(86)		(1.5)
Income tax (provision) benefit	$	(1,124)	11.6	%	$	(451)	36.4	%	$	(177)	(3.1)	%

Schedule of deferred tax assets and liabilities

Deferred tax assets and liabilities consist of the following:


As of	August 28, 2025		August 29, 2024

Deferred tax assets
Net operating loss and tax credit carryforwards	$	1,016	$	1,050
Accrued salaries, wages, and benefits	203		182
Operating lease liabilities	192		175
Inventories	25		4
Other	37		59
Gross deferred tax assets	1,473		1,470
Less valuation allowance	(634)		(593)
Deferred tax assets, net of valuation allowance	839		877

Deferred tax liabilities
Right-of-use assets	(163)		(152)
Property, plant, and equipment	(6)		(194)
Other	(106)		(70)
Deferred tax liabilities	(275)		(416)

Net deferred tax assets	$	564	$	461

Reported as
Deferred tax assets	$	616	$	520
Deferred tax liabilities (included in other noncurrent liabilities)	(52)		(59)
Net deferred tax assets	$	564	$	461

Schedule of net operating loss carryforwards

As of August 28, 2025, our net operating loss carryforward amounts and expiration periods, as reported to tax authorities, were as follows:


Year of Expiration	Singapore		Malaysia		State		Japan		Total

2026 - 2030	$	—	$	—	$	29	$	—	$	29
2031 - 2035	—		—		139		308		447
2036 - 2040	—		—		192		—		192
2041 - 2045	—		—		71		—		71
Indefinite	2,511		1,437		—		—		3,948
	$	2,511	$	1,437	$	431	$	308	$	4,687

Schedule of tax credit carryforwards

As of August 28, 2025, our tax credit carryforward amounts and expiration periods, as reported to tax authorities, were as follows:


Year of Tax Credit Expiration	U.S. Federal		State		Other		Total

2026 - 2030	$	—	$	72	$	—	$	72
2031 - 2035	36		145		—		181
2036 - 2040	—		141		40		181
2041 - 2046	—		6		—		6
Indefinite	—		159		—		159
	$	36	$	523	$	40	$	599

Schedule of unrecognized tax benefits roll forward

Below is a reconciliation of the beginning and ending amount of our unrecognized tax benefits:


For the year ended	2025		2024		2023

Beginning unrecognized tax benefits	$	716	$	744	$	731
Increases related to tax positions from prior years	11		2		2
Increases related to prior year tax positions taken in current year	—		20		27
Increases related to tax positions taken in current year	55		54		17
Decreases related to tax positions from prior years	(8)		(89)		(33)
Decreases related to settlement with tax authorities	—		(15)		—
Reductions due to lapsed statutes of limitations	(39)		—		—
Ending unrecognized tax benefits	$	735	$	716	$	744

Cover Page - USD ($) $ in Billions	12 Months Ended
Cover Page - USD ($) $ in Billions	Aug. 28, 2025	Sep. 26, 2025	Feb. 27, 2025
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Aug. 28, 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 Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction	false
Entity Shell Company	false
Entity Public Float			$ 85.7
Entity Common Stock, Shares Outstanding		1,122,466,035
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of the Proxy Statement for the registrant’s Fiscal 2025 Annual Meeting of Stockholders, to be filed within 120 days of the end of the fiscal year ended August 28, 2025, are incorporated by reference in Part III hereof. Except with respect to information specifically incorporated by reference in this Annual Report on Form 10-K, the Proxy Statement is not deemed to be filed as part hereof.
Entity Central Index Key	0000723125
Current Fiscal Year End Date	--08-28
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	FY
Amendment Flag	false

Equity Compensation Plans - Stock-based Compensation Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	$ 975	$ 821	$ 557
Equity plans, additional disclosures
Tax benefit from compensation expense	163	140	68
Total unrecognized compensation costs related to non-vested awards expected to be recognized	$ 1,590
Weighted-average period that unrecognized compensation costs is expected to be recognized (in years)	1 year 2 months 12 days
Restricted stock awards
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	$ 877	749	488
Employee stock purchase plan
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	98	72	69
Equity plans
Equity plans, additional disclosures
Expense capitalized and remained in inventory	96	99
Cost of goods sold
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	409	312	201
Research and development
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	347	296	226
Selling, general, and administrative
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	219	213	137
Restructure
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	$ 0	$ 0	$ (7)

Segment Reporting (Policies)	12 Months Ended
Segment Reporting (Policies)	Aug. 28, 2025
Segment Reporting [Abstract]
Segment Reporting Policy	We have the following four business units, which are our reportable segments: •Cloud Memory Business Unit (“CMBU”): Focused on memory solutions for large hyperscale cloud customers, and HBM for all data center customers. •Core Data Center Business Unit (“CDBU”): Focused on memory solutions for mid-tier cloud, enterprise, and OEM data center customers and storage solutions for all data center customers. •Mobile and Client Business Unit (“MCBU”): Focused on memory and storage solutions for the mobile and client segments. •Automotive and Embedded Business Unit (“AEBU”): Focused on memory and storage solutions for the automotive, industrial, and consumer segments. Our other operations do not meet the thresholds of a reportable segment and are reported under All Other. 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. Certain income and expenses are not allocated to segments because our CODM does not consider these amounts in the assessment of the performance of our segments. The unallocated amounts primarily include stock-based compensation, the impact of inventory NRV write-downs, gains and losses from settlements, restructure and asset impairment, and goodwill impairment.

- Definition

Disclosure of accounting policy for segment reporting.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Other Non-Operating Income (Expense), Net (Tables)

12 Months Ended

Aug. 28, 2025

Other Nonoperating Income (Expense) [Abstract]

Schedule of other non-operating income (expense), net


For the year ended	2025		2024		2023

Gain (loss) from changes in currency exchange rates	$	(72)	$	(13)	$	10
Loss on debt prepayments	(59)		(1)		—
Other	(4)		(17)		(3)
	$	(135)	$	(31)	$	7

Fair Value Measurements (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024
Fair value
Fair value of notes payable
Notes payable and term loans (Level 2)	$ 11,570	$ 11,316
Carrying value
Fair value of notes payable
Notes payable and term loans (Level 2)	$ 11,533	$ 11,343

- Definition

Fair value portion of notes payable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
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+ Details

Significant Accounting Policies - Property, Plant and Equipment (Details)	Aug. 28, 2025
Buildings \| Minimum
Property, plant and equipment
Property, plant, and equipment useful life (in years)	10 years
Buildings \| Maximum
Property, plant and equipment
Property, plant, and equipment useful life (in years)	30 years
Production equipment
Property, plant and equipment
Property, plant, and equipment useful life (in years)	7 years
Other equipment \| Maximum
Property, plant and equipment
Property, plant, and equipment useful life (in years)	7 years
Software \| Minimum
Property, plant and equipment
Property, plant, and equipment useful life (in years)	3 years
Software \| Maximum
Property, plant and equipment
Property, plant, and equipment useful life (in years)	5 years

Significant Accounting Policies (Policies)	12 Months Ended
Significant Accounting Policies (Policies)	Aug. 28, 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.
Intercompany Eliminations	Intercompany balances and transactions have been eliminated in consolidation.
Reclassifications	Certain reclassifications have been made to prior-period amounts to conform to current-period presentation.
Fiscal Period	Our fiscal year is the 52- or 53-week period ending on the Thursday closest to August 31. Fiscal 2025, 2024, and 2023 each contained 52 weeks. All period references are to our fiscal periods unless otherwise indicated.
Derivative and Hedging Instruments	Derivative and Hedging Instruments We use derivative instruments to manage our exposure to changes in currency exchange rates from (1) our monetary assets and liabilities denominated in currencies other than the U.S. dollar, (2) non-U.S.-dollar-denominated investments in debt instruments, and (3) forecasted cash flows for certain capital expenditures and manufacturing costs. We also use derivative instruments to manage our exposure to changes in commodity prices for manufacturing supplies. Derivative instruments are measured at their fair values and recognized as either assets or liabilities. The accounting for changes in the fair value of derivative instruments is based on the intended use of the derivative and the resulting designation. For derivative instruments that are not designated for hedge accounting, gains or losses from changes in fair values are recognized in other non-operating income (expense) and cash flows are classified as investing activities in the statement of cash flows. For derivative instruments designated as cash flow hedges, gains or losses are included as a component of accumulated other comprehensive income and reclassified into earnings in the same line items and in the same periods in which the underlying transactions affect earnings. For derivative instruments designated as fair value hedges, changes in the fair values of the derivative instruments and the offsetting changes in the fair values of the underlying hedged items are both recognized in earnings. For foreign currency and commodity derivative instruments designated as cash flow hedges or fair value hedges, time value is excluded from the assessment of effectiveness and the gains and losses attributable to time value are recognized in earnings through an amortization approach. Cash flows from derivative instruments designated as cash flow hedges or fair value hedges are classified in the same category as the items being hedged. We enter into master netting arrangements with our counterparties to mitigate credit risk in derivative hedge transactions. These master netting arrangements allow us and our counterparties to net settle amounts owed to each other. Derivative assets and liabilities that can be net settled with each counterparty have been presented in our consolidated balance sheet on a net basis.
Financial Instruments, Cash Equivalents	Financial Instruments Cash equivalents include highly liquid short-term investments with original maturities at the time of purchase of three months or less that are readily convertible to known amounts of cash.
Financial Instruments, Investments	Financial Instruments Cash equivalents include highly liquid short-term investments with original maturities at the time of purchase of three months or less that are readily convertible to known amounts of cash. Other investments with remaining maturities of less than one year are included in short-term investments. Investments with remaining maturities greater than one year are included in long-term marketable investments. The carrying value of investment securities sold is determined using the specific identification method.
Functional Currency	Functional Currency The U.S. dollar is the functional currency for us and all of our consolidated subsidiaries.
Goodwill	Goodwill We perform an annual impairment assessment for goodwill in our fourth quarter each year.
Government Incentives	Government Incentives We receive incentives from governmental entities related to capital expenditures, expenses, and other activities. The government incentives we receive may require that we meet or maintain specified spending levels and other operational metrics and may be subject to reimbursement if such conditions are not met or maintained. Government incentives are recognized in the financial statements based on the underlying principal criteria for earning the incentives when there is reasonable assurance that the conditions of the government incentives are met and the incentive will be received. Incentives related to the acquisition or construction of property, plant, and equipment are recognized as a reduction in the carrying amounts of the related assets and as a reduction of subsequent depreciation expense over the useful lives of the assets. Incentives related to specific operating activities are offset against the related expense in the period the expense is incurred. Government incentives received prior to being earned are recognized in current or noncurrent deferred income, whereas government incentives earned prior to being received are recognized in current or noncurrent receivables. Cash received from government incentives related to operating expenses is included as an operating activity in the statement of cash flows, whereas cash received, including by constructive receipt, from incentives related to the acquisition of property, plant, and equipment is included as an investing activity. For each project, we estimate the total expected project costs and recognize a proportionate benefit as qualified project costs are incurred. As the estimated total expected qualified project cost changes, we adjust our estimate of the recognized proportionate benefit.
Inventories	Inventories Inventories are stated at the lower of cost or net realizable value, with cost being determined on a FIFO basis. Cost includes depreciation, labor, material, and overhead costs, including product and process technology costs. Determining net realizable value of finished goods and work in process inventories requires projecting future average selling prices, sales volumes, and costs per part. When net realizable value is below cost, we record a charge to cost of goods sold to write down inventories to their estimated net realizable value in advance of when inventories are actually sold. We review the major characteristics of product type and markets in determining the unit of account for which we perform the lower of cost or net realizable value analysis and categorize all inventories (including DRAM, NAND, and other memory) as a single group.
Leases	Leases We determine if an arrangement is a lease, or contains a lease, at the inception of the arrangement and evaluate whether the lease is an operating lease or a finance lease at the commencement date. We recognize right-of-use assets and lease liabilities for operating and finance leases with terms greater than 12 months. Right-of-use assets represent our right to use an asset for the lease term, while lease liabilities represent our obligation to make lease payments. We do not separate lease and non-lease components for real-estate and gas plant leases. Sublease income is included within lease expense.
Product and Process Technology	Product and Process Technology Costs incurred to (1) acquire product and process technology, (2) patent technology, and (3) keep patents in force, are capitalized and amortized on a straight-line basis over periods ranging up to 12.5 years. We capitalize a portion of costs incurred to patent technology based on historical data of patents issued as a percent of patents we file. Product and process technology costs are amortized over the shorter of (1) the estimated useful life of the technology, (2) the patent term, or (3) the term of the technology agreement. Fully-amortized assets are removed from product and process technology and accumulated amortization.
Product Warranty	Product Warranty We generally provide a limited warranty that our products are in compliance with applicable specifications existing at the time of delivery. Under our standard terms and conditions of sale, liability for certain failures of product during a stated warranty period is usually limited to repair or replacement of defective items or return of, or a credit with respect to, amounts paid for such items. Under certain circumstances, we provide more extensive limited warranty coverage than that provided under our standard terms and conditions. Our warranty obligations are not material.
Property, Plant, and Equipment	Property, Plant, and Equipment Property, plant, and equipment is stated at cost and depreciated using the straight-line method over estimated useful lives of generally 10 to 30 years for buildings, 7 years for production equipment, up to 7 years for other equipment, and 3 to 5 years for software. Assets held for sale are carried at the lower of estimated fair value or carrying value and are included in current assets. When property, plant, or equipment is retired or otherwise disposed, the net book value is removed and we recognize any gain or loss in results of operations. We capitalize interest on borrowings during the period of time we carry out the activities necessary to bring assets to the condition of their intended use and location. We utilize a weighted-average capitalization rate that is based on our consolidated debt portfolio. Capitalized interest becomes part of the cost of assets.
Interest Capitalization	We capitalize interest on borrowings during the period of time we carry out the activities necessary to bring assets to the condition of their intended use and location. We utilize a weighted-average capitalization rate that is based on our consolidated debt portfolio. Capitalized interest becomes part of the cost of assets.
Research and Development	Research and Development Costs related to the conceptual formulation and design of products and processes are charged to R&D expense as incurred. Development of a product is deemed complete when it is qualified through reviews and tests for performance and reliability. Subsequent to product qualification, product costs are included in cost of goods sold.
Revenue Recognition	Revenue Recognition 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. Contracts with our customers are generally short-term in duration at fixed, negotiated prices with payment generally due shortly after delivery. We estimate a liability for returns using the expected value method based on historical returns. In addition, we generally offer price protection to our distributors, which is a form of variable consideration that decreases the transaction price. We use the expected value method, based on historical price adjustments and current pricing trends, to estimate the amount of revenue recognized from sales to distributors. Differences between the estimated and actual amounts are recognized as adjustments to revenue.
Stock-based Compensation	Stock-based Compensation Stock-based compensation is measured at the grant date, based on the fair value of the award, and recognized as expense under the straight-line attribution method over the requisite service period. We account for forfeitures as they occur. We issue new shares upon the exercise of stock options, conversion of share units, or issuance of shares under our ESPP.
Treasury Stock	Treasury Stock Treasury stock is carried at cost. When we retire our treasury stock, any excess of the repurchase price paid over par value is allocated between additional capital and retained earnings.
Use of Estimates	Use of Estimates The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires our management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues, expenses, and related disclosures. Estimates and judgments are based on historical experience, forecasted events, and various other assumptions that we believe to be reasonable under the circumstances. Estimates and judgments may differ under different assumptions or conditions. We evaluate our estimates and judgments on an ongoing basis. Actual results could differ from estimates.

Income Taxes - Tax Credit Carryforwards (Details) $ in Millions	Aug. 28, 2025 USD ($)
Tax credit carryforward
Tax credit carryforwards	$ 599
2026 - 2030
Tax credit carryforward
Tax credit carryforwards	72
2031 - 2035
Tax credit carryforward
Tax credit carryforwards	181
2036 - 2040
Tax credit carryforward
Tax credit carryforwards	181
2041 - 2045
Tax credit carryforward
Tax credit carryforwards	6
Indefinite
Tax credit carryforward
Tax credit carryforwards	159
U.S. federal
Tax credit carryforward
Tax credit carryforwards	36
U.S. federal \| 2026 - 2030
Tax credit carryforward
Tax credit carryforwards	0
U.S. federal \| 2031 - 2035
Tax credit carryforward
Tax credit carryforwards	36
U.S. federal \| 2036 - 2040
Tax credit carryforward
Tax credit carryforwards	0
U.S. federal \| 2041 - 2045
Tax credit carryforward
Tax credit carryforwards	0
U.S. federal \| Indefinite
Tax credit carryforward
Tax credit carryforwards	0
State
Tax credit carryforward
Tax credit carryforwards	523
State \| 2026 - 2030
Tax credit carryforward
Tax credit carryforwards	72
State \| 2031 - 2035
Tax credit carryforward
Tax credit carryforwards	145
State \| 2036 - 2040
Tax credit carryforward
Tax credit carryforwards	141
State \| 2041 - 2045
Tax credit carryforward
Tax credit carryforwards	6
State \| Indefinite
Tax credit carryforward
Tax credit carryforwards	159
Other
Tax credit carryforward
Tax credit carryforwards	40
Other \| 2026 - 2030
Tax credit carryforward
Tax credit carryforwards	0
Other \| 2031 - 2035
Tax credit carryforward
Tax credit carryforwards	0
Other \| 2036 - 2040
Tax credit carryforward
Tax credit carryforwards	40
Other \| 2041 - 2045
Tax credit carryforward
Tax credit carryforwards	0
Other \| Indefinite
Tax credit carryforward
Tax credit carryforwards	$ 0

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

12 Months Ended

Aug. 28, 2025

Aug. 29, 2024

Aug. 31, 2023

Sep. 01, 2022

Cash, cash equivalents, and available-for-sale securities

Cash and cash equivalents

$ 9,642

$ 7,041

Short-term investments

665

1,065

Long-term marketable investments

^[1]

1,629

1,046

Total fair value

11,936

9,152

Restricted cash

^[2]

Cash, cash equivalents, and restricted cash

9,646

7,052

$ 8,656

$ 8,339

Non-marketable Equity Investments

Non-marketable equity investments without readily determinable fair value (Level 3)

194

190

Non-marketable equity investments without readily determinable fair value, annual impairment loss (Level 3)

$ (10)

(32)

$ (7)

Minimum

Cash, cash equivalents, and available-for-sale securities

Long-term marketable investments, range of maturities

1 year

Maximum

Cash, cash equivalents, and available-for-sale securities

Long-term marketable investments, range of maturities

5 years

Cash

Cash, cash equivalents, and available-for-sale securities

Cash and cash equivalents

$ 7,875

6,654

Short-term investments

Long-term marketable investments

Total fair value

7,875

6,654

Money market funds | Level 1

Cash, cash equivalents, and available-for-sale securities

Cash and cash equivalents

^[3]

410

Short-term investments

^[3]

Long-term marketable investments

^[1],[3]

Total fair value

^[3]

410

Certificates of deposit | Level 2

Cash, cash equivalents, and available-for-sale securities

Cash and cash equivalents

^[4]

1,292

316

Short-term investments

^[4]

Long-term marketable investments

^[1],[4]

Total fair value

^[4]

1,298

322

Corporate bonds | Level 2

Cash, cash equivalents, and available-for-sale securities

Cash and cash equivalents

^[4]

Short-term investments

^[4]

559

771

Long-term marketable investments

^[1],[4]

1,047

571

Total fair value

^[4]

1,629

1,342

Asset-backed securities | Level 2

Cash, cash equivalents, and available-for-sale securities

Cash and cash equivalents

^[4]

Short-term investments

^[4]

Long-term marketable investments

^[1],[4]

521

433

Total fair value

^[4]

552

479

Government securities | Level 2

Cash, cash equivalents, and available-for-sale securities

Cash and cash equivalents

^[4]

Short-term investments

^[4]

Long-term marketable investments

^[1],[4]

Total fair value

^[4]

113

159

Commercial paper | Level 2

Cash, cash equivalents, and available-for-sale securities

Cash and cash equivalents

^[4]

Short-term investments

^[4]

160

Long-term marketable investments

^[1],[4]

Total fair value

^[4]

$ 59

$ 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.
[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 August 28, 2025 or August 29, 2024.

Schedule II Valuation and Qualifying Accounts (Details) - Deferred tax asset valuation allowance - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Deferred tax asset valuation allowance rollforward
Balance at beginning of year	$ 593	$ 528	$ 471
Charged (credited) to income tax provision	35	57	58
Currency translation and charges to other accounts	6	8	(1)
Balance at end of year	$ 634	$ 593	$ 528

Receivables

12 Months Ended

Aug. 28, 2025

Receivables [Abstract]

Receivables


As of	August 28, 2025		August 29, 2024

Trade receivables	$	7,163	$	5,419
Government incentives	1,572		834
Income and other taxes	436		268
Other	94		94
	$	9,265	$	6,615

Leases - Not Yet Commenced (Details) $ in Millions	Aug. 28, 2025 USD ($)
Finance leases not yet commenced
Finance leases not yet commenced
Finance leases not yet commenced	$ 1,160
Weighted average
Finance leases not yet commenced
Finance leases not yet commenced, weighted-average lease term	15 years

Leases

12 Months Ended

Aug. 28, 2025

Leases [Abstract]

Finance Leases

Leases

We have finance and operating leases through which we obtain the right to use facilities, land, and equipment that support our business operations. Our finance leases consist primarily of (1) equipment leases and (2) gas and other supply agreements that are deemed to contain embedded leases. Our operating leases consist primarily of offices, laboratories, other facilities, and land. Certain of our operating leases include one or more options to extend the lease term for periods from one year to 10 years for real estate and one year to 99 years for land. In determining the lease term, we assess whether we are reasonably certain to exercise any options to renew or terminate a lease or to purchase the right-of-use asset.

Certain supply or service agreements require us to exercise significant judgment to determine whether the agreement contains a lease. Our assessment includes determining whether we or the supplier control the assets used to fulfill the agreements by identifying whether we or the supplier have the right to change the type, quantity, timing, or location of the output of the assets. Our gas supply arrangements generally are deemed to contain a lease because we have the right to substantially all of the output of the assets used to produce the supply and we have the right to change the quantity and timing of the output of those assets.

The components of lease cost are presented below:


For the year ended	2025		2024		2023

Finance lease cost
Amortization of right-of-use asset	$	335	$	176	$	105
Interest on lease liability	127		70		24
Operating lease cost(1)	153		140		137
	$	615	$	386	$	266

(1)Includes short-term and variable lease costs.

Supplemental cash flow information related to leases was as follows:


For the year ended	2025		2024		2023

Cash flows used for operating activities
Finance leases	$	120	$	61	$	24
Operating leases	149		132		139
Cash flows used for financing activities – Finance leases	323		155		109
Non-cash acquisitions of right-of-use assets
Finance leases	1,298		905		508
Operating leases	166		54		57

Supplemental balance sheet information related to leases was as follows:


As of	August 28, 2025			August 29, 2024

Finance lease right-of-use assets (included in property, plant, and equipment)	$	3,004		$	2,038
Current operating lease liabilities (included in accounts payable and accrued expenses)	74			71

Weighted-average remaining lease term (in years)
Finance leases	7			8
Operating leases	12			10
Weighted-average discount rate
Finance leases	5.19		%	4.91		%
Operating leases	4.26		%	3.42		%

As of August 28, 2025, maturities of lease liabilities by fiscal year were as follows:


	Finance Leases		Operating Leases

2026	$	675	$	92
2027	660		97
2028	640		89
2029	548		83
2030	336		85
2031 and thereafter	647		628
Less imputed interest	(462)		(299)
	$	3,044	$	775

The table above excludes obligations for leases that have been executed but have not yet commenced. As of August 28, 2025, excluded obligations consisted of $1.16 billion of finance lease obligations over a weighted-average period of 15 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:


For the year ended	2025		2024		2023

Finance lease cost
Amortization of right-of-use asset	$	335	$	176	$	105
Interest on lease liability	127		70		24
Operating lease cost(1)	153		140		137
	$	615	$	386	$	266

(1)Includes short-term and variable lease costs.

Supplemental cash flow information related to leases was as follows:


For the year ended	2025		2024		2023

Cash flows used for operating activities
Finance leases	$	120	$	61	$	24
Operating leases	149		132		139
Cash flows used for financing activities – Finance leases	323		155		109
Non-cash acquisitions of right-of-use assets
Finance leases	1,298		905		508
Operating leases	166		54		57

Supplemental balance sheet information related to leases was as follows:


As of	August 28, 2025			August 29, 2024

Finance lease right-of-use assets (included in property, plant, and equipment)	$	3,004		$	2,038
Current operating lease liabilities (included in accounts payable and accrued expenses)	74			71

Weighted-average remaining lease term (in years)
Finance leases	7			8
Operating leases	12			10
Weighted-average discount rate
Finance leases	5.19		%	4.91		%
Operating leases	4.26		%	3.42		%

As of August 28, 2025, maturities of lease liabilities by fiscal year were as follows:


	Finance Leases		Operating Leases

2026	$	675	$	92
2027	660		97
2028	640		89
2029	548		83
2030	336		85
2031 and thereafter	647		628
Less imputed interest	(462)		(299)
	$	3,044	$	775

Recently Adopted and Recently Issued Accounting Standards	12 Months Ended
	Aug. 28, 2025
Accounting Changes and Error Corrections [Abstract]
Recently Adopted and Recently Issued Accounting Standards	Recently Adopted 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. We adopted this ASU in the fourth quarter of 2025 on a retrospective basis. Adoption of this ASU resulted in increased disclosures in the Notes to Consolidated Financial Statements. See Note 27. Segment and Other Information. Recently Issued Accounting Standards 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. In September 2025, the FASB issued ASU 2025-06 (ASC Topic 350), Targeted Improvements to the Accounting for Internal-Use Software. This ASU makes targeted improvements to the accounting for internal-use software and ASU will be effective for the first quarter of 2029, with early adoption permitted. This ASU provides for adoption on a prospective basis, with retrospective or modified retrospective application permitted. We are evaluating the timing and effects of our adoption of this new guidance on our 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 250
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-Name Accounting Standards Codification
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-Paragraph 1
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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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-Subparagraph (d)(2)
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 65
-Paragraph 17
-Subparagraph (d)(1)
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-URI https://asc.fasb.org/1943274/2147480336/718-10-65-17

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476173/280-10-65-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (b)(4)
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-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Paragraph 1
-Subparagraph (g)
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147483550/848-10-65-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Paragraph 2
-Subparagraph (g)(2)
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-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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Reference 18: http://www.xbrl.org/2003/role/disclosureRef
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Reference 19: http://www.xbrl.org/2003/role/disclosureRef
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Reference 20: http://www.xbrl.org/2003/role/disclosureRef
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Reference 23: http://www.xbrl.org/2003/role/disclosureRef
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Reference 24: http://www.xbrl.org/2003/role/disclosureRef
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Reference 25: http://www.xbrl.org/2003/role/disclosureRef
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Reference 26: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (f)(1)
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Reference 27: http://www.xbrl.org/2003/role/disclosureRef
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Reference 28: http://www.xbrl.org/2003/role/disclosureRef
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Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
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-URI https://asc.fasb.org/250/tableOfContent

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
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-Paragraph 1
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+ Details

Fair Value Measurements

12 Months Ended

Aug. 28, 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 August 28, 2025				As of August 29, 2024
	Fair Value		Carrying Value		Fair Value		Carrying Value

Notes payable and term loans	$	11,570	$	11,533	$	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.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
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-Name Accounting Standards Codification
-Section 55
-Paragraph 107
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-107

Reference 3: http://www.xbrl.org/2003/role/exampleRef
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (h)
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-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
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-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

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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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
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-URI https://asc.fasb.org/1943274/2147478119/940-820-50-1

+ Details

Derivative Instruments - Gain (Loss) on Derivatives (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Fair value hedges
Fair value hedges
Fair value of hedged cash and investments	$ 3,050
Designated hedging instruments \| Cash flow hedges
Cash flow hedges
Gain (loss) from cash flow hedges in accumulated other comprehensive income (loss)	0	$ 33	$ 30
Gain (loss) excluded from effectiveness testing in cost of goods sold	(107)	(135)	(101)
Gain (loss) reclassified from accumulated other comprehensive income (loss) to earnings, primarily to cost of goods sold	(140)	$ (172)	$ (261)
Cash flow hedge gains expected to be reclassified into earnings within twelve months	$ 43

Geographic Information - Long-Lived Assets (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024
Long-lived assets by geographic area
Long-lived assets	$ 47,326	$ 40,394
Taiwan
Long-lived assets by geographic area
Long-lived assets	18,965	14,156
Singapore
Long-lived assets by geographic area
Long-lived assets	10,669	10,588
U.S.
Long-lived assets by geographic area
Long-lived assets	8,445	6,508
Japan
Long-lived assets by geographic area
Long-lived assets	7,038	7,085
Malaysia
Long-lived assets by geographic area
Long-lived assets	1,124	1,153
China
Long-lived assets by geographic area
Long-lived assets	544	486
India
Long-lived assets by geographic area
Long-lived assets	449	338
Other
Long-lived assets by geographic area
Long-lived assets	$ 92	$ 80

Segment and Other Information - Additional Information (Details) $ in Millions	12 Months Ended
	Aug. 28, 2025 USD ($) segment	Aug. 29, 2024 USD ($)	Aug. 31, 2023 USD ($)
Reportable segments
Number of reportable segments \| segment	4
Goodwill
Goodwill	$ 1,150	$ 1,150
Goodwill impairment	0	0	$ 101
Unallocated
Goodwill
Goodwill impairment	0	$ 0	101
CMBU
Goodwill
Goodwill	654
CDBU
Goodwill
Goodwill	109
MCBU
Goodwill
Goodwill	284
AEBU
Goodwill
Goodwill	$ 103
SBU \| Unallocated
Goodwill
Goodwill impairment			$ 101

Government Incentives (Tables)

12 Months Ended

Aug. 28, 2025

Government Assistance [Abstract]

Schedule of balance sheet line items affected by government incentives and government commitments subject to performance conditions

The line items on the balance sheet affected by government incentives were as follows:


As of	August 28, 2025

Receivables	$	1,572
Other noncurrent assets	914
Noncurrent unearned government incentives	1,018

In addition to the receivables and other noncurrent assets in the table above and cash incentives already received, we had the following commitments from various governmental entities, subject to achievement of certain performance conditions:


As of	August 28, 2025

U.S.	$	5,206
India	1,491
Japan	929
Singapore	269
Other	10
	$	7,905

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Aug. 28, 2025
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Schedule II Valuation and Qualifying Accounts (Tables)

12 Months Ended

Aug. 28, 2025

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Deferred tax asset valuation allowance


	Balance at Beginning of Year		Charged (Credited) to Income Tax Provision		Currency Translation and Charges to Other Accounts		Balance at End of Year

Deferred Tax Asset Valuation Allowance
Year ended August 28, 2025	$	593	$	35	$	6	$	634
Year ended August 29, 2024	528		57		8		593
Year ended August 31, 2023	471		58		(1)		528

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Aug. 28, 2025

Aug. 29, 2024

Assets

Cash and cash equivalents

$ 9,642

$ 7,041

Short-term investments

665

1,065

Receivables

9,265

6,615

Inventories

8,355

8,875

Other current assets

914

776

Total current assets

28,841

24,372

Long-term marketable investments

^[1]

1,629

1,046

Property, plant, and equipment

46,590

39,749

Operating lease right-of-use assets

736

645

Intangible assets

453

416

Deferred tax assets

616

520

Goodwill

1,150

Other noncurrent assets

2,783

1,518

Total assets

82,798

69,416

Liabilities and equity

Accounts payable and accrued expenses

9,649

7,299

Current debt

560

431

Other current liabilities

1,245

1,518

Total current liabilities

11,454

9,248

Long-term debt

14,017

12,966

Noncurrent operating lease liabilities

701

610

Noncurrent unearned government incentives

1,018

550

Other noncurrent liabilities

1,443

911

Total liabilities

28,633

24,285

Commitments and contingencies

Shareholders’ equity

Common stock, $0.10 par value, 3,000 shares authorized, 1,266 shares issued and 1,122 outstanding (1,253 shares issued and 1,109 outstanding as of August 29, 2024)

127

125

Additional capital

13,339

12,115

Retained earnings

48,583

40,877

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

(7,852)

Accumulated other comprehensive income (loss)

(32)

(134)

Total equity

54,165

45,131

Total liabilities and equity

$ 82,798

$ 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.

Revenue by Technology (Details) - USD ($) $ in Millions	12 Months Ended
Revenue by Technology (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Disaggregation of revenue
Revenue	$ 37,378	$ 25,111	$ 15,540
DRAM
Disaggregation of revenue
Revenue	28,578	17,603	10,978
NAND
Disaggregation of revenue
Revenue	8,503	7,227	4,206
Other (primarily NOR)
Disaggregation of revenue
Revenue	$ 297	$ 281	$ 356

- 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

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-7

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
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+ Details

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

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+ Details

Income Taxes - Operating Loss Carryforwards (Details) $ in Millions	Aug. 28, 2025 USD ($)
Operating loss carryforwards
Net operating loss carryforwards	$ 4,687
2026 - 2030
Operating loss carryforwards
Net operating loss carryforwards	29
2031 - 2035
Operating loss carryforwards
Net operating loss carryforwards	447
2036 - 2040
Operating loss carryforwards
Net operating loss carryforwards	192
2041 - 2045
Operating loss carryforwards
Net operating loss carryforwards	71
Indefinite
Operating loss carryforwards
Net operating loss carryforwards	3,948
State
Operating loss carryforwards
Net operating loss carryforwards	431
State \| 2026 - 2030
Operating loss carryforwards
Net operating loss carryforwards	29
State \| 2031 - 2035
Operating loss carryforwards
Net operating loss carryforwards	139
State \| 2036 - 2040
Operating loss carryforwards
Net operating loss carryforwards	192
State \| 2041 - 2045
Operating loss carryforwards
Net operating loss carryforwards	71
State \| Indefinite
Operating loss carryforwards
Net operating loss carryforwards	0
Singapore
Operating loss carryforwards
Net operating loss carryforwards	2,511
Singapore \| 2026 - 2030
Operating loss carryforwards
Net operating loss carryforwards	0
Singapore \| 2031 - 2035
Operating loss carryforwards
Net operating loss carryforwards	0
Singapore \| 2036 - 2040
Operating loss carryforwards
Net operating loss carryforwards	0
Singapore \| 2041 - 2045
Operating loss carryforwards
Net operating loss carryforwards	0
Singapore \| Indefinite
Operating loss carryforwards
Net operating loss carryforwards	2,511
Malaysia
Operating loss carryforwards
Net operating loss carryforwards	1,437
Malaysia \| 2026 - 2030
Operating loss carryforwards
Net operating loss carryforwards	0
Malaysia \| 2031 - 2035
Operating loss carryforwards
Net operating loss carryforwards	0
Malaysia \| 2036 - 2040
Operating loss carryforwards
Net operating loss carryforwards	0
Malaysia \| 2041 - 2045
Operating loss carryforwards
Net operating loss carryforwards	0
Malaysia \| Indefinite
Operating loss carryforwards
Net operating loss carryforwards	1,437
Japan
Operating loss carryforwards
Net operating loss carryforwards	308
Japan \| 2026 - 2030
Operating loss carryforwards
Net operating loss carryforwards	0
Japan \| 2031 - 2035
Operating loss carryforwards
Net operating loss carryforwards	308
Japan \| 2036 - 2040
Operating loss carryforwards
Net operating loss carryforwards	0
Japan \| 2041 - 2045
Operating loss carryforwards
Net operating loss carryforwards	0
Japan \| Indefinite
Operating loss carryforwards
Net operating loss carryforwards	$ 0

Income Taxes

12 Months Ended

Aug. 28, 2025

Income Tax Disclosure [Abstract]

Income Taxes

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


For the year ended	2025		2024		2023

Income (loss) before income taxes and equity in net income (loss) of equity method investees
U.S.	$	686	$	544	$	235
Foreign	8,968		696		(5,893)
	$	9,654	$	1,240	$	(5,658)

Income tax (provision) benefit
Current
U.S. federal	$	(275)	$	(82)	$	(5)
State	(15)		(1)		(1)
Foreign	(670)		(333)		(178)
	(960)		(416)		(184)
Deferred
U.S. federal	(118)		18		(84)
State	—		—		—
Foreign	(46)		(53)		91
	(164)		(35)		7

Income tax (provision) benefit	$	(1,124)	$	(451)	$	(177)

The table below reconciles our tax (provision) benefit based on the U.S. federal statutory rate to our effective rate:


For the year ended	2025				2024				2023

U.S. federal income tax (provision) benefit at statutory rate	$	(2,027)	21.0	%	$	(260)	21.0	%	$	1,188	21.0	%
U.S. tax on foreign operations	(476)		4.9		(7)		0.6		6		0.1
Change in valuation allowance	36		(0.4)		(59)		4.8		(50)		(0.9)
Change in unrecognized tax benefits	(23)		0.2		(41)		3.3		(30)		(0.5)
Foreign tax rate differential	1,132		(11.7)		(214)		17.2		(1,285)		(22.8)
Research and development tax credits	208		(2.2)		76		(6.1)		43		0.8
State taxes, net of federal benefit	(7)		0.1		12		(1.0)		37		0.7
Other	33		(0.3)		42		(3.4)		(86)		(1.5)
Income tax (provision) benefit	$	(1,124)	11.6	%	$	(451)	36.4	%	$	(177)	(3.1)	%

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 $1.05 billion (benefiting our diluted earnings per share by $0.93) for 2025. As a result of low level of profitability and geographic mix of income, the benefit from tax incentive arrangements was not material for 2024 or 2023.

As of August 28, 2025, certain non-U.S. subsidiaries had cumulative undistributed earnings of $4.31 billion that were deemed to be indefinitely reinvested. A provision has not been recognized to the extent that distributions from such subsidiaries are subject to additional foreign withholding or state income tax. Determination of the amount of unrecognized deferred tax liabilities related to investments in these foreign subsidiaries is not practicable.

Deferred income taxes reflect the net tax effects of temporary differences between the bases of assets and liabilities for financial reporting and income tax purposes as well as carryforwards. Deferred tax assets and liabilities consist of the following:


As of	August 28, 2025		August 29, 2024

Deferred tax assets
Net operating loss and tax credit carryforwards	$	1,016	$	1,050
Accrued salaries, wages, and benefits	203		182
Operating lease liabilities	192		175
Inventories	25		4
Other	37		59
Gross deferred tax assets	1,473		1,470
Less valuation allowance	(634)		(593)
Deferred tax assets, net of valuation allowance	839		877

Deferred tax liabilities
Right-of-use assets	(163)		(152)
Property, plant, and equipment	(6)		(194)
Other	(106)		(70)
Deferred tax liabilities	(275)		(416)

Net deferred tax assets	$	564	$	461

Reported as
Deferred tax assets	$	616	$	520
Deferred tax liabilities (included in other noncurrent liabilities)	(52)		(59)
Net deferred tax assets	$	564	$	461

We assess positive and negative evidence for each jurisdiction to determine whether it is more likely than not that existing deferred tax assets will be realized. As of August 28, 2025, and August 29, 2024, we had a valuation allowance of $634 million and $593 million, respectively, against our net deferred tax assets, primarily related to carryforwards in U.S. states and Malaysia. Changes in 2025 in the valuation allowance were due to adjustments based on management's assessment of the realizability of tax credits, allowances and net operating losses based on a level that is more likely than not to be realized.

As of August 28, 2025, our net operating loss carryforward amounts and expiration periods, as reported to tax authorities, were as follows:


Year of Expiration	Singapore		Malaysia		State		Japan		Total

2026 - 2030	$	—	$	—	$	29	$	—	$	29
2031 - 2035	—		—		139		308		447
2036 - 2040	—		—		192		—		192
2041 - 2045	—		—		71		—		71
Indefinite	2,511		1,437		—		—		3,948
	$	2,511	$	1,437	$	431	$	308	$	4,687

As of August 28, 2025, our tax credit carryforward amounts and expiration periods, as reported to tax authorities, were as follows:


Year of Tax Credit Expiration	U.S. Federal		State		Other		Total

2026 - 2030	$	—	$	72	$	—	$	72
2031 - 2035	36		145		—		181
2036 - 2040	—		141		40		181
2041 - 2046	—		6		—		6
Indefinite	—		159		—		159
	$	36	$	523	$	40	$	599

Below is a reconciliation of the beginning and ending amount of our unrecognized tax benefits:


For the year ended	2025		2024		2023

Beginning unrecognized tax benefits	$	716	$	744	$	731
Increases related to tax positions from prior years	11		2		2
Increases related to prior year tax positions taken in current year	—		20		27
Increases related to tax positions taken in current year	55		54		17
Decreases related to tax positions from prior years	(8)		(89)		(33)
Decreases related to settlement with tax authorities	—		(15)		—
Reductions due to lapsed statutes of limitations	(39)		—		—
Ending unrecognized tax benefits	$	735	$	716	$	744

As of August 28, 2025, gross unrecognized tax benefits were $735 million, which would have an impact of approximately $611 million on our effective tax rate in the future, if recognized. Amounts accrued for interest and penalties related to uncertain tax positions were not material for any period presented. The resolution of tax audits or expiration of statute of limitations could also reduce our unrecognized tax benefits. Although the timing of final resolution is uncertain, the estimated potential reduction in our unrecognized tax benefits in the next 12 months would not be significant.

We and our subsidiaries file income tax returns with the U.S. federal government, various U.S. states, and various foreign jurisdictions throughout the world. We regularly engage in discussions and negotiations with tax authorities regarding tax matters, including transfer pricing, and we continue to defend any and all such claims presented. Our U.S. federal and state tax returns remain open to examination for 2018 through 2025. We are currently under audit by the Internal Revenue Service for our 2018 and 2019 tax years. In addition, tax returns that remain open to examination in Singapore, Taiwan and Japan range from the years 2017 to 2025. We believe that adequate amounts of taxes and related interest and penalties have been provided, and any adjustments as a result of examinations are not expected to materially adversely affect our business, results of operations, or financial condition.

On July 4, 2025, the One Big Beautiful Bill Act (“OBBBA”) was enacted, introducing broad changes to the U.S. tax code, including modifications to corporate and international tax provisions, which primarily are effective for us beginning in 2026 and 2027. The aggregate impact of the OBBBA remains uncertain. We will continue to monitor future developments, including regulatory guidance and interpretations, which could have a material impact.

- Definition

The entire disclosure for income tax.

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+ Details

Other Non-Operating Income (Expense), Net (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Other Nonoperating Income (Expense) [Abstract]
Gain (loss) from changes in currency exchange rates	$ (72)	$ (13)	$ 10
Loss on debt prepayments	(59)	(1)	0
Other	(4)	(17)	(3)
Other non-operating income (expense), net	$ (135)	$ (31)	$ 7

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
Cybersecurity Risk Management and Strategy Disclosure	Aug. 28, 2025
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	We have established policies and processes for assessing, identifying, and managing material risk from cybersecurity threats and have integrated these processes into our overall risk management systems and processes. We have aligned our cybersecurity program with recognized security frameworks, such as NIST-CSF (National Institute of Standard and Technologies – CyberSecurity Framework). We routinely assess material risks from cybersecurity threats, including any potential unauthorized occurrence on or conducted through our information systems that may result in adverse effects on the confidentiality, integrity, or availability of our information systems or any information residing therein. We conduct regular risk assessments to identify cybersecurity threats, as well as assessments in the event of a material change in our business practices that may affect information systems that are vulnerable to such cybersecurity threats. These risk assessments include identification of reasonably foreseeable internal and external risks, the likelihood and potential damage that could result from such risks, and the sufficiency of existing policies, procedures, systems, and safeguards in place to manage such risks. Following these risk assessments, we implement and maintain reasonable safeguards to minimize identified risks, reasonably address any identified gaps in existing safeguards, and regularly monitor the effectiveness of our safeguards. We devote significant resources and designate high-level personnel, including our Chief Security Officer and Chief Information Officer, to manage the risk assessment and mitigation process. We have implemented technical solutions that are designed to protect our information systems from cybersecurity threats, including firewalls, intrusion prevention and detection systems, anti-malware functionality, and access controls. We regularly evaluate, monitor, and improve these solutions. As part of our overall risk management system, we monitor and test our safeguards and train our employees on these safeguards, in collaboration with human resources, information technology, legal, compliance and ethics, and management. Personnel at all levels and departments are made aware of our cybersecurity policies through periodic trainings. We periodically engage assessors, consultants, auditors, or other third parties in connection with our risk assessment processes. These service providers assist us to design, implement, or assess our cybersecurity policies and procedures, as well as to monitor and test our safeguards. We work with our third-party suppliers and service providers to address the use of appropriate security measures in connection with their work with us. We evaluate cybersecurity incidents individually and in the aggregate to assess materiality.For additional information regarding risks from cybersecurity threats, and their effect on our company, including our business strategy, results of operations, or financial condition, please see Item 1A. Risk Factors, “Risks Related to Our Business, Operations, and Industry—Breaches of our security systems or products, systems failures, interruptions, delays in service, catastrophic events, and resulting interruptions in the availability of our systems or those of our customers, suppliers, or business partners, could expose us to losses.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	We have established policies and processes for assessing, identifying, and managing material risk from cybersecurity threats and have integrated these processes into our overall risk management systems and processes. We have aligned our cybersecurity program with recognized security frameworks, such as NIST-CSF (National Institute of Standard and Technologies – CyberSecurity Framework). We routinely assess material risks from cybersecurity threats, including any potential unauthorized occurrence on or conducted through our information systems that may result in adverse effects on the confidentiality, integrity, or availability of our information systems or any information residing therein.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	One of the key functions of our Board of Directors is informed oversight of our risk management processes, including risks from cybersecurity threats. Our Board of Directors is responsible for monitoring and assessing strategic risk exposure, and our executive officers are responsible for the day-to-day management of the material risks we face. Our Board of Directors administers its cybersecurity risk oversight function directly as a whole, as well as through the Security Committee. Our Chief Security Officer and our Chief Information Officer report to our Security Committee, which oversees monitoring and incident response, risk mitigation, supply chain security, physical security, product security, insider trust, and other security-related items, and are primarily responsible to assess and manage our material risks from cybersecurity threats. Our Chief Security Officer and Chief Information Officer have combined relevant experience of more than 45 years, including over 20 years in cybersecurity, and they oversee our cybersecurity policies and processes, including those described in “Risk Management and Strategy” above. Our Chief Security Officer monitors and stays informed about prevention, detection, mitigation, and remediation efforts through regular communication and reporting from our security team, the use of technological tools and software, and results from third-party assessments. Our Chief Security Officer and Chief Information Officer provide quarterly briefings to the Security Committee regarding our company’s cybersecurity risks and activities, including any recent cybersecurity incidents and related responses, cybersecurity systems testing, activities of third parties, and the like. Our Security Committee provides regular updates to the Board of Directors on such reports. In addition, our Chief Security Officer and our Chief Information Officer provide annual briefings to the Board of Directors on cybersecurity risks and activities.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	our Security Committee, which oversees monitoring and incident response, risk mitigation, supply chain security, physical security, product security, insider trust, and other security-related items, and are primarily responsible to assess and manage our material risks from cybersecurity threats.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	Our Chief Security Officer and our Chief Information Officer report to our Security Committee, which oversees monitoring and incident response, risk mitigation, supply chain security, physical security, product security, insider trust, and other security-related items, and are primarily responsible to assess and manage our material risks from cybersecurity threats. Our Chief Security Officer and Chief Information Officer provide quarterly briefings to the Security Committee regarding our company’s cybersecurity risks and activities, including any recent cybersecurity incidents and related responses, cybersecurity systems testing, activities of third parties, and the like. Our Security Committee provides regular updates to the Board of Directors on such reports. In addition, our Chief Security Officer and our Chief Information Officer provide annual briefings to the Board of Directors on cybersecurity risks and activities.
Cybersecurity Risk Role of Management [Text Block]	our executive officers are responsible for the day-to-day management of the material risks we face.Our Chief Security Officer monitors and stays informed about prevention, detection, mitigation, and remediation efforts through regular communication and reporting from our security team, the use of technological tools and software, and results from third-party assessments.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	Chief Security Officer and our Chief Information OfficerSecurity Committee
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Our Chief Security Officer and Chief Information Officer have combined relevant experience of more than 45 years, including over 20 years in cybersecurity
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	Our Chief Security Officer monitors and stays informed about prevention, detection, mitigation, and remediation efforts through regular communication and reporting from our security team, the use of technological tools and software, and results from third-party assessments.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Government Incentives - Reported on the Balance Sheet (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024
Government Assistance [Abstract]
Current asset, statement of financial position	Receivables
Current assets (included in receivables)	$ 1,572	$ 834
Noncurrent asset, statement of financial position	Other noncurrent assets
Noncurrent assets (included in other noncurrent assets)	$ 914
Noncurrent unearned government incentives	$ 1,018	$ 550

Debt - Activity (Details) - USD ($) $ in Millions							3 Months Ended	12 Months Ended
Debt - Activity (Details) - USD ($) $ in Millions	Aug. 18, 2025	May 27, 2025	Apr. 29, 2025	Feb. 12, 2025	Jan. 17, 2025	Jan. 16, 2025	May 29, 2025	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023	Feb. 27, 2025
Debt instrument
Increase (decrease) in principal								$ 197
Increase (decrease) in carrying value								226
Increase (decrease) in cash								164
Loss on debt prepayments								(59)	$ (1)	$ 0
Interest rate swap \| Fair value hedges \| Designated hedging instruments
Debt instrument
Notional or contractual amount									$ 900		$ 900
2035 A Notes \| Corporate bonds
Debt instrument
Increase (decrease) in principal						$ 1,000
Increase (decrease) in carrying value						992
Increase in cash - Issuances						$ 992
2029 Term Loan A \| Term loan
Debt instrument
Increase (decrease) in principal	$ (700)
Increase (decrease) in carrying value	(699)
Decrease in cash - Prepayments	$ (700)
2029 Term Loan A \| Term loan
Debt instrument
Increase (decrease) in principal					$ 1,684
Increase (decrease) in carrying value					1,681
Increase in cash - Issuances					1,681
2032 Notes \| Corporate bonds
Debt instrument
Increase (decrease) in principal			$ 500
Increase (decrease) in carrying value			496
Increase in cash - Issuances			496
2035 B Notes \| Corporate bonds
Debt instrument
Increase (decrease) in principal			1,250
Increase (decrease) in carrying value			1,241
Increase in cash - Issuances			$ 1,241
2026 Term Loan A \| Term loan
Debt instrument
Increase (decrease) in principal					(897)
Increase (decrease) in carrying value					(896)
Decrease in cash - Prepayments					(897)
2027 Term Loan A \| Term loan
Debt instrument
Increase (decrease) in principal					(1,037)
Increase (decrease) in carrying value					(1,035)
Decrease in cash - Prepayments					$ (1,037)
2026 Notes \| Corporate bonds
Debt instrument
Increase (decrease) in principal				$ (500)
Increase (decrease) in carrying value				(499)
Decrease in cash - Prepayments				$ (501)
2027 Notes \| Corporate bonds
Debt instrument
Increase (decrease) in principal		$ (900)
Increase (decrease) in carrying value		(854)
Decrease in cash - Prepayments		$ (900)
Loss on debt prepayments							$ (46)
2028 Notes \| Corporate bonds
Debt instrument
Increase (decrease) in principal								(58)
Increase (decrease) in carrying value								(57)
Decrease in cash - Prepayments								(59)
2029 B Notes \| Corporate bonds
Debt instrument
Increase (decrease) in principal								(91)
Increase (decrease) in carrying value								(91)
Decrease in cash - Prepayments								(98)
2030 Notes \| Corporate bonds
Debt instrument
Increase (decrease) in principal								(54)
Increase (decrease) in carrying value								(53)
Decrease in cash - Prepayments								$ (54)

Geographic Information - Revenue (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Revenue by geographic location of customers' headquarters
Revenue	$ 37,378	$ 25,111	$ 15,540
U.S.
Revenue by geographic location of customers' headquarters
Revenue	24,113	13,168	7,805
Taiwan
Revenue by geographic location of customers' headquarters
Revenue	5,672	4,708	2,697
Mainland China (excluding Hong Kong)
Revenue by geographic location of customers' headquarters
Revenue	2,639	3,045	2,181
Other Asia Pacific
Revenue by geographic location of customers' headquarters
Revenue	1,913	1,330	752
Hong Kong
Revenue by geographic location of customers' headquarters
Revenue	1,138	1,071	340
Japan
Revenue by geographic location of customers' headquarters
Revenue	895	840	987
Europe
Revenue by geographic location of customers' headquarters
Revenue	625	818	682
Other
Revenue by geographic location of customers' headquarters
Revenue	$ 383	$ 131	$ 96

Intangible Assets (Tables)

12 Months Ended

Aug. 28, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of finite-lived intangible assets


	As of August 28, 2025						As of August 29, 2024
	Gross Amount		Accumulated Amortization		Net Carrying Amount		Gross Amount		Accumulated Amortization		Net Carrying Amount

Product and process technology	$	662	$	(217)	$	445	$	683	$	(278)	$	405
Other	8		—		8		11		—		11
	$	670	$	(217)	$	453	$	694	$	(278)	$	416

Income Taxes - Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Unrecognized tax benefits roll forward
Beginning unrecognized tax benefits	$ 716	$ 744	$ 731
Increases related to tax positions from prior years	11	2	2
Increases related to prior year tax positions taken in current year	0	20	27
Increases related to tax positions taken in current year	55	54	17
Decreases related to tax positions from prior years	(8)	(89)	(33)
Decreases related to settlement with tax authorities	0	(15)	0
Reductions due to lapsed statutes of limitations	(39)	0	0
Ending unrecognized tax benefits	735	$ 716	$ 744
Unrecognized tax benefits that would impact effective tax rate	$ 611
Internal Revenue Service (IRS)
Income tax contingency
Tax years under audit	2018 2019
U.S. federal
Income tax contingency
Tax years open to examination	2018 2019 2020 2021 2022 2023 2024 2025
State
Income tax contingency
Tax years open to examination	2018 2019 2020 2021 2022 2023 2024 2025
Foreign
Income tax contingency
Tax years open to examination	2017 2018 2019 2020 2021 2022 2023 2024 2025

Leases - Maturities (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024
Finance lease maturities
2026	$ 675
2027	660
2028	640
2029	548
2030	336
2031 and thereafter	647
Less imputed interest	(462)
Finance leases, liability	3,044	$ 2,054
Operating lease maturities
2026	92
2027	97
2028	89
2029	83
2030	85
2031 and thereafter	628
Less imputed interest	(299)
Operating lease liability	$ 775

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Cash flows from operating activities
Net income (loss)	$ 8,539	$ 778	$ (5,833)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation expense and amortization of intangible assets	8,352	7,780	7,756
Stock-based compensation	972	833	596
Provision to write down inventories to net realizable value	0	0	1,831
Goodwill impairment	0	0	101
Change in operating assets and liabilities:
Receivables	(1,776)	(3,581)	2,763
Inventories	520	(488)	(3,555)
Accounts payable and accrued expenses	862	1,915	(1,302)
Other current liabilities	(272)	989	(817)
Other	328	281	19
Net cash provided by operating activities	17,525	8,507	1,559
Cash flows from investing activities
Expenditures for property, plant, and equipment	(15,857)	(8,386)	(7,676)
Purchases of available-for-sale securities	(1,890)	(1,999)	(723)
Proceeds from government incentives	2,005	315	710
Proceeds from maturities and sales of available-for-sale securities	1,698	1,794	1,591
Other	(43)	(33)	(93)
Net cash used for investing activities	(14,087)	(8,309)	(6,191)
Cash flows from financing activities
Repayments of debt	(4,619)	(1,897)	(761)
Payments of dividends to shareholders	(522)	(513)	(504)
Repurchases of common stock - repurchase program	0	(300)	(425)
Payments on equipment purchase contracts	0	(149)	(138)
Proceeds from issuance of debt	4,430	999	6,716
Other	(139)	18	95
Net cash provided by (used for) financing activities	(850)	(1,842)	4,983
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash	6	40	(34)
Net increase (decrease) in cash, cash equivalents, and restricted cash	2,594	(1,604)	317
Cash, cash equivalents, and restricted cash at beginning of period	7,052	8,656	8,339
Cash, cash equivalents, and restricted cash at end of period	9,646	7,052	8,656
Supplemental disclosures
Income taxes paid, net	(583)	(338)	(532)
Interest paid, net of amounts capitalized	(418)	(503)	(323)
Non-cash equipment acquisitions on contracts payable	$ 321	$ 118	$ 165

Equity Compensation Plans (Tables)

12 Months Ended

Aug. 28, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of restricted stock awards activity

Restricted Stock Awards activity for 2025 is summarized as follows:


	Number of Shares	Weighted-Average Grant Date Fair Value Per Share

Outstanding as of August 29, 2024	28	$	65.82
Granted	11	101.15
Vested	(13)	64.10
Forfeited	(1)	75.31
Outstanding as of August 28, 2025	25	82.12


For the year ended	2025		2024		2023

Restricted stock award shares granted	11		13		17
Weighted-average grant-date fair value per share	$	101.15	$	72.72	$	55.99
Aggregate vesting-date fair value of shares vested	$	1,322	$	1,008	$	514

Employee stock purchase plan valuation assumptions

Grant-date fair value and assumptions used in the Black-Scholes option valuation model were as follows:


For the year ended	2025			2024			2023

Weighted-average grant-date fair value per share	$	28.99		$	26.82		$	17.06
Average expected life in years	0.5			0.5			0.5
Weighted-average expected volatility (based on implied volatility)	47		%	41		%	37		%
Weighted-average risk-free interest rate	4.3		%	5.2		%	5.1		%
Expected dividend yield	0.5		%	0.5		%	0.7		%

Stock-based compensation expense


For the year ended	2025		2024		2023

Stock-based compensation expense by caption
Cost of goods sold	$	409	$	312	$	201
Research and development	347		296		226
Selling, general, and administrative	219		213		137
Restructure	—		—		(7)
	$	975	$	821	$	557

Stock-based compensation expense by type of award
Restricted stock awards	$	877	$	749	$	488
ESPP	98		72		69
	$	975	$	821	$	557

Accounts Payable and Accrued Expenses

12 Months Ended

Aug. 28, 2025

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses


As of	August 28, 2025		August 29, 2024

Accounts payable	$	3,132	$	2,726
Property, plant, and equipment	4,391		2,925
Salaries, wages, and benefits	1,116		1,117
Income and other taxes	628		218
Other	382		313
	$	9,649	$	7,299

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 8,539	$ 778	$ (5,833)
Other comprehensive income (loss), net of tax
Gains (losses) on derivative instruments	92	142	234
Pension liability adjustments	6	3	11
Unrealized gains (losses) on investments	4	33	6
Foreign currency translation adjustments	0	0	(3)
Other comprehensive income (loss)	102	178	248
Total comprehensive income (loss)	$ 8,641	$ 956	$ (5,585)

- 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

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+ Details

- Definition

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

+ References

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+ Details

Certain Concentrations	12 Months Ended
Certain Concentrations	Aug. 28, 2025
Risks and Uncertainties [Abstract]
Certain Concentrations	Certain Concentrations Our business units are based on market segments. See Note 27. Segment and Other Information for disclosure of disaggregated revenue by market segment. Revenue from one customer was 17% (primarily included in the CMBU segment) of total revenue for 2025. Revenue from one customer was 10% (primarily included in the MCBU, AEBU, and CMBU segments) of total revenue for 2024. No customer accounted for 10% or more of total revenue in 2023. We generally have multiple sources of supply for our raw materials and production equipment; however, only a limited number of suppliers are capable of delivering certain raw materials and production equipment that meet our standards and, in some cases, materials or production equipment are provided by a single supplier. Financial instruments that potentially subject us to concentrations of credit risk consist principally of cash, money market accounts, certificates of deposit, fixed-income securities, trade receivables, share repurchase, and derivative contracts. We invest through high-credit-quality financial institutions and, by policy, generally limit the concentration of credit exposure by restricting investments with any single obligor and monitor credit risk of bank counterparties on an ongoing basis. A concentration of credit risk may exist with respect to receivables of certain customers. We perform ongoing credit evaluations of customers worldwide and generally do not require collateral from our customers. Historically, we have not experienced material losses on receivables. A concentration of risk may also exist with respect to our derivative hedging programs as the number of counterparties to our hedges is limited and the notional amounts are relatively large. We seek to mitigate such risk by limiting our counterparties to major financial institutions and through entering into master netting arrangements.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

+ References

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+ Details

Inventories

12 Months Ended

Aug. 28, 2025

Inventory Disclosure [Abstract]

Inventories


As of	August 28, 2025		August 29, 2024

Finished goods	$	1,094	$	1,308
Work in process	6,401		6,774
Raw materials and supplies	860		793
	$	8,355	$	8,875

In 2023, we recorded charges of $1.83 billion to cost of goods sold to write down the carrying value of work in process and finished goods inventories to their estimated net realizable value.

Intangible Assets

12 Months Ended

Aug. 28, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets


	As of August 28, 2025						As of August 29, 2024
	Gross Amount		Accumulated Amortization		Net Carrying Amount		Gross Amount		Accumulated Amortization		Net Carrying Amount

Product and process technology	$	662	$	(217)	$	445	$	683	$	(278)	$	405
Other	8		—		8		11		—		11
	$	670	$	(217)	$	453	$	694	$	(278)	$	416

In 2025, 2024, and 2023, we capitalized $112 million, $84 million, and $87 million, respectively, for product and process technology with weighted-average useful lives of 9 years, 10 years, and 9 years, respectively. Amortization expense was $71 million, $82 million, and $86 million for 2025, 2024, and 2023, respectively. Expected amortization expense is $73 million for 2026, $65 million for 2027, $62 million for 2028, $55 million for 2029, $57 million for 2030, and $141 million for 2031 and thereafter.

Other Operating (Income) Expense, Net

12 Months Ended

Aug. 28, 2025

Other Income and Expenses [Abstract]

Other Operating (Income) Expense, Net


For the year ended	2025		2024		2023

Patent license charges	$	57	$	—	$	—
Goodwill impairment	—		—		101
Litigation settlement	—		—		68
Patent cross-license agreement gain	—		(200)		—
Other	4		(51)		(45)
	$	61	$	(251)	$	124

Debt - Maturities of Notes Payable and Term Loan (Details) $ in Millions	Aug. 28, 2025 USD ($)
Maturities of notes payable
2026	$ 0
2027	0
2028	542
2029	1,684
2030	1,955
2031 and thereafter	7,400
Unamortized issuance costs, discounts, and premium, net	(48)
Total long-term debt	$ 11,533

- Definition

Amount of unamortized debt discount (premium) and debt issuance costs.

+ References + Details

- Definition

Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

+ References

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+ Details

Equity Compensation Plans

12 Months Ended

Aug. 28, 2025

Share-Based Payment Arrangement [Abstract]

Equity Compensation Plans

As of August 28, 2025, 55 million shares of our common stock were available for future awards under our equity compensation plans, including 7 million shares approved for issuance under our employee stock purchase plan (“ESPP”).

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

As of August 28, 2025, there were 25 million shares of Restricted Stock Awards outstanding, 21 million of which are only subject to service-based vesting conditions. Service-based Restricted Stock Awards generally vest on 25% of the units granted after the first year and on 6.25% each quarter thereafter over the remaining three years of employment. Restricted Stock Awards with performance or market-based vesting conditions vest over a three-year period as conditions are met. At the end of the performance period, the number of actual shares to be awarded will vary between 0% and 200% of target amounts, depending upon the achievement level. Our unvested restricted stock awards generally include dividend equivalent rights.

Restricted Stock Awards activity for 2025 is summarized as follows:


	Number of Shares	Weighted-Average Grant Date Fair Value Per Share

Outstanding as of August 29, 2024	28	$	65.82
Granted	11	101.15
Vested	(13)	64.10
Forfeited	(1)	75.31
Outstanding as of August 28, 2025	25	82.12


For the year ended	2025		2024		2023

Restricted stock award shares granted	11		13		17
Weighted-average grant-date fair value per share	$	101.15	$	72.72	$	55.99
Aggregate vesting-date fair value of shares vested	$	1,322	$	1,008	$	514

Employee Stock Purchase Plan (“ESPP”)

Our ESPP is offered to substantially all employees and permitted eligible employees to purchase shares of our common stock through payroll deductions of up to 15% of their eligible compensation, subject to certain limitations. The purchase price of the shares under the ESPP equals 85% of the lower of the fair market value of our common stock on either the first or last day of each six-month offering period. Compensation expense is calculated as of the beginning of the offering period as the fair value of the employees’ purchase rights utilizing the Black-Scholes option valuation model and is recognized over the offering period. Grant-date fair value and assumptions used in the Black-Scholes option valuation model were as follows:


For the year ended	2025			2024			2023

Weighted-average grant-date fair value per share	$	28.99		$	26.82		$	17.06
Average expected life in years	0.5			0.5			0.5
Weighted-average expected volatility (based on implied volatility)	47		%	41		%	37		%
Weighted-average risk-free interest rate	4.3		%	5.2		%	5.1		%
Expected dividend yield	0.5		%	0.5		%	0.7		%

Under the ESPP, employees purchased 4 million shares of common stock in each of 2025 and 2024, and 5 million shares of common stock in 2023, at a per share weighted-average price of $78.12, $65.72, and $51.93 in 2025, 2024, and 2023, respectively.

Stock Options

As of August 28, 2025, our outstanding stock options were not material. The total intrinsic value for options exercised was $23 million, $92 million, and $30 million in 2025, 2024, and 2023, respectively.

Stock-based Compensation Expense


For the year ended	2025		2024		2023

Stock-based compensation expense by caption
Cost of goods sold	$	409	$	312	$	201
Research and development	347		296		226
Selling, general, and administrative	219		213		137
Restructure	—		—		(7)
	$	975	$	821	$	557

Stock-based compensation expense by type of award
Restricted stock awards	$	877	$	749	$	488
ESPP	98		72		69
	$	975	$	821	$	557

Income tax benefits related to the tax deductions for share-based awards are recognized only upon the settlement of the related share-based awards. Income tax benefits for share-based awards were $163 million, $140 million, and $68 million for 2025, 2024, and 2023, respectively. Stock-based compensation expense of $96 million and $99 million was capitalized and remained in inventory as of August 28, 2025 and August 29, 2024, respectively. As of August 28, 2025, $1.59 billion of total unrecognized compensation costs for unvested awards, before the effect of any future forfeitures, was expected to be recognized through the fourth quarter of 2029, resulting in a weighted-average period of 1.2 years.

Equity Compensation Plans - Share Based Information and Restricted Stock Awards (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Share-based compensation arrangement by share-based payment award
Number of shares available for future awards (in shares)	55
Restricted stock awards
Restricted stock awards roll forward (in shares)
Number of shares - Outstanding	28
Number of shares - Granted	11	13	17
Number of shares - Vested	(13)
Number of shares - Forfeited	(1)
Number of Shares - Outstanding	25	28
Restricted stock awards roll forward (weighted-average grant-date fair value)
Weighted-average grant-date fair value per share - Outstanding	$ 65.82
Weighted-average grant-date fair value per share - Granted	101.15	$ 72.72	$ 55.99
Weighted-average grant-date fair value per share - Vested	64.10
Weighted-average grant-date fair value per share - Forfeited	75.31
Weighted-average grant-date fair value per share - Outstanding	$ 82.12	$ 65.82
Aggregate vesting-date fair value of shares vested	$ 1,322	$ 1,008	$ 514
Performance and market-based restricted stock awards
Restricted stock and restricted stock units ("Restricted Stock Awards")
Restricted award vesting period	3 years
Performance and market-based restricted stock awards \| Minimum
Restricted stock and restricted stock units ("Restricted Stock Awards")
Restricted award achievement potential, percentage	0.00%
Performance and market-based restricted stock awards \| Maximum
Restricted stock and restricted stock units ("Restricted Stock Awards")
Restricted award achievement potential, percentage	200.00%
Service-based restricted stock awards
Restricted stock awards roll forward (in shares)
Number of Shares - Outstanding	21
Service-based restricted stock awards \| Tranche 1 - Initial vesting after one year
Restricted stock and restricted stock units ("Restricted Stock Awards")
Periodic vesting rights, percentage	25.00%
Service-based restricted stock awards \| Tranche 2 - Quarterly vesting for remaining three years
Restricted stock and restricted stock units ("Restricted Stock Awards")
Periodic vesting rights, percentage	6.25%
Employee stock purchase plan
Share-based compensation arrangement by share-based payment award
Number of shares available for future awards (in shares)	7
Restricted stock awards roll forward (weighted-average grant-date fair value)
Weighted-average grant-date fair value per share - Granted	$ 28.99	$ 26.82	$ 17.06

Fair Value Measurements (Tables)

12 Months Ended

Aug. 28, 2025

Fair Value Disclosures [Abstract]

Estimated fair value and carrying value of debt instruments

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


	As of August 28, 2025				As of August 29, 2024
	Fair Value		Carrying Value		Fair Value		Carrying Value

Notes payable and term loans	$	11,570	$	11,533	$	11,316	$	11,343

Cash and Investments (Tables)

12 Months Ended

Aug. 28, 2025

Investments and Cash [Abstract]

Cash, cash equivalents, and available-for-sale securities

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 cash equivalents and the fair values of our available-for-sale securities, which approximated amortized costs, were as follows:


	As of August 28, 2025								As of August 29, 2024
	Cash and Cash Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value		Cash and Cash Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value

Cash	$	7,875	$	—	$	—	$	7,875	$	6,654	$	—	$	—	$	6,654
Level 1(2)
Money market funds	410		—		—		410		20		—		—		20
Level 2(3)
Certificates of deposit	1,292		6		—		1,298		316		6		—		322
Corporate bonds	23		559		1,047		1,629		—		771		571		1,342
Asset-backed securities	—		31		521		552		—		46		433		479
Government securities	9		43		61		113		35		82		42		159
Commercial paper	33		26		—		59		16		160		—		176
	9,642		$	665	$	1,629	$	11,936	7,041		$	1,065	$	1,046	$	9,152
Restricted cash(4)	4								11
Cash, cash equivalents, and restricted cash	$	9,646							$	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 August 28, 2025 or August 29, 2024.

(4)Restricted cash is included in other current assets.

Cash and cash equivalents and the fair values of available-for-sale securities


	As of August 28, 2025								As of August 29, 2024
	Cash and Cash Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value		Cash and Cash Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value

Cash	$	7,875	$	—	$	—	$	7,875	$	6,654	$	—	$	—	$	6,654
Level 1(2)
Money market funds	410		—		—		410		20		—		—		20
Level 2(3)
Certificates of deposit	1,292		6		—		1,298		316		6		—		322
Corporate bonds	23		559		1,047		1,629		—		771		571		1,342
Asset-backed securities	—		31		521		552		—		46		433		479
Government securities	9		43		61		113		35		82		42		159
Commercial paper	33		26		—		59		16		160		—		176
	9,642		$	665	$	1,629	$	11,936	7,041		$	1,065	$	1,046	$	9,152
Restricted cash(4)	4								11
Cash, cash equivalents, and restricted cash	$	9,646							$	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.

(4)Restricted cash is included in other current 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

Schedule II Valuation and Qualifying Accounts

12 Months Ended

Aug. 28, 2025

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II Valuation and Qualifying Accounts

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS

(In millions)


	Balance at Beginning of Year		Charged (Credited) to Income Tax Provision		Currency Translation and Charges to Other Accounts		Balance at End of Year

Deferred Tax Asset Valuation Allowance
Year ended August 28, 2025	$	593	$	35	$	6	$	634
Year ended August 29, 2024	528		57		8		593
Year ended August 31, 2023	471		58		(1)		528

Customer Contract Liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Contract with customer, contract liability
Contract liabilities	$ 169	$ 907
Contract liabilities, current	26	766
Contract liabilities, revenue recognized	778
Contract with customer, right of return
Estimated consideration payable to customers for pricing adjustments and returns	1,190	718
Revenue	$ 37,378	$ 25,111	$ 15,540
Business interruption proceeds
Contract with customer, right of return
Proceeds from insurance settlement, operating activities			228
Revenue			$ 186
Revenue, remaining performance obligation, expected timing of satisfaction, start date: 2026-09-04
Future performance obligation
Expected timing of satisfaction of remaining performance obligation
Amount of remaining performance obligation	$ 143

Equity (Tables)

12 Months Ended

Aug. 28, 2025

Equity [Abstract]

Schedule of accumulated other comprehensive income (loss)

Changes in accumulated other comprehensive income (loss) by component for the year ended August 28, 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	(7)		6		13		—		12
Amount reclassified out of accumulated other comprehensive income (loss)	140		(1)		(3)		—		136
Tax effects	(41)		(1)		(4)		—		(46)
Other comprehensive income (loss)	92		4		6		—		102
As of August 28, 2025	$	(70)	$	(4)	$	45	$	(3)	$	(32)

Employee Benefit Plans	12 Months Ended
Employee Benefit Plans	Aug. 28, 2025
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans We have employee retirement plans at our U.S. and international sites. Details of significant plans are as follows: Employee Savings Plan for U.S. Employees We have a 401(k) retirement plan under which U.S. employees may contribute up to 75% of their eligible pay, subject to Internal Revenue Service annual contribution limits, to various savings alternatives, none of which include direct investment in our stock. We match in cash eligible contributions from employees up to 5% of the employee’s annual eligible earnings. Contribution expense for the 401(k) plan was $78 million, $66 million, and $59 million in 2025, 2024, and 2023, respectively. Retirement Plans We have pension plans available to employees at various foreign sites. As of August 28, 2025, the projected benefit obligations of our plans were $197 million and plan assets were $276 million. As of August 29, 2024, the projected benefit obligations of our plans were $191 million and plan assets were $261 million. Pension expense was not material for 2025, 2024, or 2023.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (o)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (p)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (q)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 60
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480266/715-60-50-3

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480126/715-20-S99-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 70
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480794/715-70-50-1

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480482/715-20-55-17

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (l)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/715/tableOfContent

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480506/715-20-50-1

+ Details

Commitments (Details) - Goods, services, and capital additions (non-lease) $ in Millions	Aug. 28, 2025 USD ($)
Commitments for purchase obligations, by fiscal year maturity
2026	$ 1,200
2027	1,200
2028	1,000
2029	400
2030	400
2031 and thereafter	1,300
Commitments for purchase obligations	$ 5,500

Accounts Payable and Accrued Expenses (Tables)

12 Months Ended

Aug. 28, 2025

Payables and Accruals [Abstract]

Schedule of accounts payable and accrued expenses


As of	August 28, 2025		August 29, 2024

Accounts payable	$	3,132	$	2,726
Property, plant, and equipment	4,391		2,925
Salaries, wages, and benefits	1,116		1,117
Income and other taxes	628		218
Other	382		313
	$	9,649	$	7,299

Debt - Notes, Term Loan, and Revolving Credit Facility (Details) - USD ($)	12 Months Ended
	Aug. 28, 2025	Jan. 17, 2025	Aug. 29, 2024
2029 Term Loan A and revolving credit facility
Total long-term debt	$ 11,533,000,000
Corporate bonds
Senior unsecured notes
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
Senior unsecured notes
Debt instrument, face amount		$ 1,680,000,000
2029 Term Loan A and revolving credit facility
Total long-term debt	$ 982,000,000		$ 0
Debt instrument, variable interest rate, type	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 A and revolving credit facility
Debt instrument, basis spread on variable rate	0.875%
Term loan \| 2029 Term Loan A \| Maximum
2029 Term Loan A 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 after material acquisition	375.00%
Revolving credit facility \| 2030 Revolving Credit Facility
2029 Term Loan A and revolving credit facility
Total long-term debt	$ 0
Available borrowing capacity	$ 3,500,000,000
Debt instrument, variable interest rate, type	Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
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
2029 Term Loan A and revolving credit facility
Debt instrument, basis spread on variable rate	0.875%
Revolving credit facility \| 2030 Revolving Credit Facility \| Maximum
2029 Term Loan A and revolving credit facility
Debt instrument, basis spread on variable rate	1.50%

Segment and Other Information - Reconciliation of Unallocated Amounts (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Segment reporting information
Stock-based compensation expense	$ 975	$ 821	$ 557
Provision to write down inventories to net realizable value	0	0	1,831
Cost of goods sold	22,505	19,498	16,956
Research and development	3,798	3,430	3,114
Restructure and asset impairments	39	1	171
Patent license charges	$ 57	$ 0	$ 0
Goodwill impairment, income statement line item	Other operating (income) expense, net	Other operating (income) expense, net	Other operating (income) expense, net
Goodwill impairment	$ 0	$ 0	$ 101
Litigation settlement	0	0	68
Patent cross-license agreement gain	0	(200)	0
Other operating (income) expense, net	(61)	251	(124)
Operating income (loss)	9,770	1,304	(5,745)
Cost of goods sold
Segment reporting information
Stock-based compensation expense	409	312	201
Research and development
Segment reporting information
Stock-based compensation expense	347	296	226
Selling, general, and administrative
Segment reporting information
Stock-based compensation expense	219	213	137
Unallocated
Segment reporting information
Cost of goods sold	413	(657)	1,207
Research and development	348	282	226
Restructure and asset impairments	39	1	171
Goodwill impairment	0	0	101
Other operating (income) expense, net	(57)	195	(172)
Operating income (loss)	(1,076)	356	(1,913)
Unallocated \| Cost of goods sold
Segment reporting information
Stock-based compensation expense	409	312	201
Provision to write down inventories to net realizable value	0	0	1,831
Lower costs from sale of inventory written down in prior periods	0	(987)	(844)
Other	4	18	19
Unallocated \| Research and development
Segment reporting information
Stock-based compensation expense	347	296	226
Other	1	(14)	0
Unallocated \| Selling, general, and administrative
Segment reporting information
Stock-based compensation expense	219	213	137
Unallocated \| Other operating (income) expense, net
Segment reporting information
Patent license charges	57	0	0
Litigation settlement	0	0	68
Patent cross-license agreement gain	0	(200)	0
Other	$ 0	$ 5	$ 3

Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Effective income tax rate reconciliation, amount
U.S. federal income tax (provision) benefit at statutory rate	$ (2,027)	$ (260)	$ 1,188
U.S. tax on foreign operations	(476)	(7)	6
Change in valuation allowance	36	(59)	(50)
Change in unrecognized tax benefits	(23)	(41)	(30)
Foreign tax rate differential	1,132	(214)	(1,285)
Research and development tax credits	208	76	43
State taxes, net of federal benefit	(7)	12	37
Other	33	42	(86)
Income tax (provision) benefit	$ (1,124)	$ (451)	$ (177)
Effective income tax rate reconciliation, percent
U.S. federal statutory rate (percent)	21.00%	21.00%	21.00%
U.S. tax on foreign operations (percent)	4.90%	0.60%	0.10%
Change in valuation allowance (percent)	(0.40%)	4.80%	(0.90%)
Change in unrecognized tax benefits (percent)	0.20%	3.30%	(0.50%)
Foreign tax rate differential (percent)	(11.70%)	17.20%	(22.80%)
Research and development tax credits (percent)	(2.20%)	(6.10%)	0.80%
State taxes, net of federal benefit (percent)	0.10%	(1.00%)	0.70%
Other (percent)	(0.30%)	(3.40%)	(1.50%)
Effective tax rate (percent)	11.60%	36.40%	(3.10%)

Restructure and Asset Impairments

12 Months Ended

Aug. 28, 2025

Restructuring and Related Activities [Abstract]

Restructure and Asset Impairments


For the year ended	2025		2024		2023

Employee severance	$	30	$	1	$	163
Asset impairments and other asset-related costs	9		—		14
Other	—		—		(6)
	$	39	$	1	$	171

In 2023, we initiated a restructure plan in response to challenging industry conditions. Under the plan, we reduced our headcount by approximately 15% by the end of calendar 2023, through a combination of voluntary attrition and personnel reductions. The plan was substantially completed in 2023.

Geographic Information (Tables)

12 Months Ended

Aug. 28, 2025

Segment Reporting [Abstract]

Geographic revenue from contracts with customers based on location of customer headquarters

Revenue based on the geographic location of our customers’ headquarters was as follows:


For the year ended	2025		2024		2023

U.S.	$	24,113	$	13,168	$	7,805
Taiwan	5,672		4,708		2,697
Mainland China (excluding Hong Kong)	2,639		3,045		2,181
Other Asia Pacific	1,913		1,330		752
Hong Kong	1,138		1,071		340
Japan	895		840		987
Europe	625		818		682
Other	383		131		96
	$	37,378	$	25,111	$	15,540

Long-lived assets by geographic area

Long-lived assets by geographic area consisted of property, plant, and equipment and operating lease right-of-use assets and were as follows:


As of	August 28, 2025		August 29, 2024

Taiwan	$	18,965	$	14,156
Singapore	10,669		10,588
U.S.	8,445		6,508
Japan	7,038		7,085
Malaysia	1,124		1,153
China	544		486
India	449		338
Other	92		80
	$	47,326	$	40,394

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

12 Months Ended

Aug. 28, 2025

Feb. 27, 2025

Aug. 29, 2024

Fair value of derivative assets and liabilities

Fair value of assets (Level 2)

^[1],[2]

$ 64

$ 95

Fair value of liabilities (Level 2)

^[2],[3]

$ (112)

(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

$ 3,271

3,724

Fair value of derivative assets and liabilities

Fair value of assets (Level 2)

^[1],[2]

Fair value of liabilities (Level 2)

^[2],[3]

(64)

(71)

Designated hedging instruments | Cash flow hedges | Commodity hedges

Notional disclosures

Notional or contractual amount

393

471

Fair value of derivative assets and liabilities

Fair value of assets (Level 2)

^[1],[2]

Fair value of liabilities (Level 2)

^[2],[3]

(20)

(7)

Designated hedging instruments | Fair value hedges | Currency hedges

Notional disclosures

Notional or contractual amount

3,049

2,511

Fair value of derivative assets and liabilities

Fair value of assets (Level 2)

^[1],[2]

Fair value of liabilities (Level 2)

^[2],[3]

$ (10)

(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 (Level 2)

Fair value of liabilities (Level 2)

(60)

Not designated hedging instruments | Currency hedges

Notional disclosures

Notional or contractual amount

$ 3,477

2,393

Fair value of derivative assets and liabilities

Fair value of assets (Level 2)

^[1],[2]

Fair value of liabilities (Level 2)

^[2],[3]

$ (18)

$ (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.

Equity - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Accumulated other comprehensive income (loss)
Balance of total equity	$ 45,131	$ 44,120	$ 49,907
Other comprehensive income (loss)	102	178	248
Balance of total equity	54,165	45,131	44,120
Gains (Losses) on Derivative Instruments
Accumulated other comprehensive income (loss)
Balance of total equity	(162)
Other comprehensive income (loss) before reclassifications	(7)
Amount reclassified out of accumulated other comprehensive income (loss)	140
Tax effects	(41)
Other comprehensive income (loss)	92
Balance of total equity	(70)	(162)
Unrealized Gains (Losses) on Investments
Accumulated other comprehensive income (loss)
Balance of total equity	(8)
Other comprehensive income (loss) before reclassifications	6
Amount reclassified out of accumulated other comprehensive income (loss)	(1)
Tax effects	(1)
Other comprehensive income (loss)	4
Balance of total equity	(4)	(8)
Pension Liability Adjustments
Accumulated other comprehensive income (loss)
Balance of total equity	39
Other comprehensive income (loss) before reclassifications	13
Amount reclassified out of accumulated other comprehensive income (loss)	(3)
Tax effects	(4)
Other comprehensive income (loss)	6
Balance of total equity	45	39
Cumulative Foreign Currency Translation Adjustment
Accumulated other comprehensive income (loss)
Balance of total equity	(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	(134)	(312)	(560)
Other comprehensive income (loss) before reclassifications	12
Amount reclassified out of accumulated other comprehensive income (loss)	136
Tax effects	(46)
Other comprehensive income (loss)	102	178	248
Balance of total equity	$ (32)	$ (134)	$ (312)

Equity Compensation Plans - ESPP and Stock Options (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Stock option disclosures
Total intrinsic value for option exercised	$ 23	$ 92	$ 30
Employee stock purchase plan
Employee stock purchase plan ("ESPP")
ESPP maximum payroll deduction percentage (in hundredths)	15.00%
ESPP percentage purchase price of common stock (in hundredths)	85.00%
ESPP offering period	6 months
ESPP, number of shares purchased by employees	4	4	5
ESPP fair value assumptions and methodology
Share-based payment arrangement, valuation technique	Valuation Technique, Black-Scholes-Merton Model [Member]
Weighted-average grant-date fair value per share	$ 28.99	$ 26.82	$ 17.06
Average expected life in years	6 months	6 months	6 months
Weighted-average expected volatility (based on implied volatility)	47.00%	41.00%	37.00%
Weighted-average risk-free interest rate	4.30%	5.20%	5.10%
Expected dividend yield	0.50%	0.50%	0.70%
Employee stock purchase plan \| Weighted average
Employee stock purchase plan ("ESPP")
ESPP, weighted-average purchase price per share paid by employees	$ 78.12	$ 65.72	$ 51.93

Earnings Per Share

12 Months Ended

Aug. 28, 2025

Earnings Per Share [Abstract]

Earnings Per Share


For the year ended	2025		2024		2023

Net income (loss) – Basic and Diluted	$	8,539	$	778	$	(5,833)

Weighted-average common shares outstanding – Basic	1,116		1,105		1,093
Dilutive effect of equity compensation plans	9		13		—
Weighted-average common shares outstanding – Diluted	1,125		1,118		1,093

Earnings (loss) per share
Basic	$	7.65	$	0.70	$	(5.34)
Diluted	7.59		0.70		(5.34)

Antidilutive potential common shares excluded from the computation of diluted earnings per share, that could dilute basic earnings per share in the future, were as follows at the end of the periods shown:


For the year ended	2025	2024	2023

Equity compensation plans	6	3	33

Government Incentives

12 Months Ended

Aug. 28, 2025

Government Assistance [Abstract]

Government Incentives

We receive incentives from governmental entities primarily in India, Japan, Singapore, and the United States principally in the form of cash grants and tax credits. These incentives primarily relate to capital expenditures and may be subject to reimbursement if certain conditions are not met or maintained. The conditions attached to these incentives require us to incur expenditures related to the construction of new manufacturing facilities, the purchase and installation of specialized tools and equipment, R&D expenditures, meet and/or maintain operational metrics, and/or maintain certain levels of fixed asset investment or employee headcount during the incentive terms.

Government incentives related to capital expenditures have reduced property, plant and equipment by $5.04 billion as of August 28, 2025, of which $3.11 billion pertained to 2025 expenditures.

In 2025, operating income (loss) benefited by $588 million (approximately 87% in COGS and 13% in R&D) from government incentives that reduced depreciation expense and operating incentives, which offset against the related expense in the period the expense was incurred.

The line items on the balance sheet affected by government incentives were as follows:


As of	August 28, 2025

Receivables	$	1,572
Other noncurrent assets	914
Noncurrent unearned government incentives	1,018


As of	August 28, 2025

U.S.	$	5,206
India	1,491
Japan	929
Singapore	269
Other	10
	$	7,905

U.S. 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. On June 11, 2025, we entered into amendments to the direct funding agreements to add a second planned fab in Boise, Idaho and allocated certain award funding from the $6.1 billion grants previously awarded to the second planned Idaho fab. The direct funding for up to $6.1 billion remains unchanged. On June 11, 2025, we also entered into a direct funding agreement with the U.S. Department of Commerce for up to $275 million in direct funding for our fab in Manassas, Virginia. The direct funding agreement for our fab in Virginia is substantially similar to those for our fabs in Idaho and New York. The grants under the funding agreements represent total CHIPS Act grants of up to $6.4 billion in connection with our U.S. manufacturing expansion and modernization projects.

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 Idaho and New York 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.

In addition to the U.S. commitment amount in the table above, we receive an investment tax credit on qualified investments in U.S. semiconductor manufacturing under the CHIPS Act. On July 4, 2025, the One Big Beautiful Bill Act was enacted, which increased the investment tax credit from 25% to 35% on qualified investments placed into service after December 31, 2025. As qualified investments are made, we recognize investment tax credits in receivables or other noncurrent assets.

We have also signed a non-binding term sheet with the state of New York that provides up to $5.5 billion in funding for the planned four-fab facility over the next 20-plus years through a combination of tax credits for qualified capital investments and incentives for eligible new job wages.

Other Government Incentive Commitments

We receive incentives for the construction of a new assembly and test facility in Gujarat, India, representing 50% of the total project cost from the Indian central government and 20% of the total project cost from the state of Gujarat. We also receive incentives from the Japanese Ministry of Economy, Trade and Industry to support the production of DRAM using EUV lithography in Hiroshima, Japan. Subsequent to August 28, 2025, we finalized a new incentive arrangement with the Japanese Ministry of Economy, Trade and Industry to modernize our Hiroshima, Japan manufacturing facility for an additional commitment amount of up to 500 billion Japanese yen (approximately $3.4 billion).

Equity

12 Months Ended

Aug. 28, 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 8. Financial Statements and Supplementary Data, Notes to Consolidated Financial Statements, Note 20. Government Incentives. No shares were repurchased in 2025. We repurchased 3.2 million shares of our common stock for $300 million in 2024. Through August 28, 2025, we had repurchased an aggregate of $7.19 billion under the authorization. Amounts repurchased are included in treasury stock.

Dividends

In each quarter of 2025, we declared and paid dividends of $0.115 per share. On September 23, 2025, our Board of Directors declared a quarterly dividend of $0.115 per share, payable in cash on October 21, 2025, to shareholders of record as of the close of business on October 3, 2025.

Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) by component for the year ended August 28, 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	(7)		6		13		—		12
Amount reclassified out of accumulated other comprehensive income (loss)	140		(1)		(3)		—		136
Tax effects	(41)		(1)		(4)		—		(46)
Other comprehensive income (loss)	92		4		6		—		102
As of August 28, 2025	$	(70)	$	(4)	$	45	$	(3)	$	(32)

- Definition

The entire disclosure for equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-8A

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

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
-Paragraph 14
-Subparagraph (b)
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-URI https://asc.fasb.org/1943274/2147481112/505-10-50-14

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

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 505
-Name Accounting Standards Codification
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-URI https://asc.fasb.org/1943274/2147478448/946-505-50-6

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
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-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
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-URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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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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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
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Reference 15: http://www.xbrl.org/2003/role/disclosureRef
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Reference 16: http://www.xbrl.org/2003/role/disclosureRef
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Reference 17: http://www.xbrl.org/2003/role/disclosureRef
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Reference 19: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Other Operating (Income) Expense, Net (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Other Income and Expenses [Abstract]
Patent license charges	$ 57	$ 0	$ 0
Goodwill impairment	0	0	101
Litigation settlement	0	0	68
Patent cross-license agreement gain	0	(200)	0
Other	4	(51)	(45)
Other operating (income) expense, net	$ 61	$ (251)	$ 124

- Definition

Amount of impairment loss from asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized.

+ References + Details

Contingencies (Details) $ in Millions		12 Months Ended
Contingencies (Details) $ in Millions	Sep. 17, 2025 patent	Aug. 28, 2025 USD ($) patent
Netlist Inc. vs Micron - Complaint 1 \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed		1
Netlist Inc. vs Micron - Complaint 2 \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed		3
Netlist Inc. vs Micron - Complaint 3 \| Patent matters \| Litigation under appeal
Loss contingencies
Number of patents found invalid		2
Netlist Inc. vs Micron - Complaint 4 \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed		6
Netlist Inc. vs Micron - Complaint 5 \| Patent matters
Loss contingencies
Number of patents allegedly infringed		1
Netlist Inc. vs Micron - Complaint 5 amendment \| Patent matters \| Litigation under appeal
Loss contingencies
Number of patents allegedly infringed		2
Number of patents found infringed (jury)		2
Netlist Inc. vs Micron - Complaint 5 amendment \| Patent 7,619,912 \| Litigation under appeal
Loss contingencies
Damages awarded to Netlist (jury) \| $		$ 425
Number of patents found unpatentable by US Patent and Trademark Office		1
Netlist Inc. vs Micron - Complaint 5 amendment \| Patent 11,093,417 \| Litigation under appeal
Loss contingencies
Damages awarded to Netlist (jury) \| $		$ 20
Number of patents found unpatentable by US Patent and Trademark Office		1
Netlist Inc. vs Micron - Complaint 6 \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed		1
Netlist Inc. vs Micron - Complaint 6 amendment \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed		1
Netlist Inc. vs Micron - Complaint 7 \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed		1
Besang, Inc. vs Micron \| Patent matters \| Judgement - no infringement
Loss contingencies
Number of patents allegedly infringed		1
Besang, Inc. vs Micron \| Patent matters \| Judgement - no infringement \| Subsequent event
Loss contingencies
Number of patents found not infringed	1
Yangtze Memory Technologies Company, Ltd. vs Micron - Complaint 1 \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed		8
Yangtze Memory Technologies Company, Ltd. vs Micron - Complaints 2, 3, 4 \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed		3
Yangtze Memory Technologies Company, Ltd. vs Micron - Complaint 5 \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed		11
Yangtze Memory Technologies Company, Ltd. vs Micron - Complaint 6_7_8_9_10 \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed		5
Palisade Technologies, LLP vs Micron \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed		5
Advanced Memory Technologies LLC vs Micron \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed		4

Government Incentives - Subject to Achievement Conditions, By Geo (Details) $ in Millions	Aug. 28, 2025 USD ($)
Government incentives
Remaining award amount	$ 7,905
U.S.
Government incentives
Remaining award amount	5,206
India
Government incentives
Remaining award amount	1,491
Japan
Government incentives
Remaining award amount	929
Singapore
Government incentives
Remaining award amount	269
Other
Government incentives
Remaining award amount	$ 10

Equity - Common Stock Repurchases and Dividends (Details) - USD ($)		3 Months Ended				12 Months Ended			88 Months Ended
	Sep. 23, 2025	Aug. 28, 2025	May 29, 2025	Feb. 27, 2025	Nov. 28, 2024	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023	Aug. 28, 2025
Common stock repurchases
Payments for repurchase of common stock						$ 0	$ 300,000,000	$ 425,000,000
Dividends
Payments of dividends to shareholders (per share)		$ 0.115	$ 0.115	$ 0.115	$ 0.115
Cash dividends declared (per share)						$ 0.460	$ 0.460	$ 0.460
Subsequent event \| R2026Q1 Dividends
Dividends
Cash dividends declared (per share)	$ 0.115
Dividends payable, date to be paid	Oct. 21, 2025
Dividends payable, date of record	Oct. 03, 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	3,200,000
Payments for repurchase of common stock							$ 300,000,000		$ 7,190,000,000

Derivative Instruments

12 Months Ended

Aug. 28, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments


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

As of August 28, 2025
Derivative instruments with hedge accounting designation
Cash flow currency hedges	$	3,271	$	41	$	(64)
Cash flow commodity hedges	393		19		(20)
Fair value currency hedges	3,049		1		(10)

Derivative instruments without hedge accounting designation
Non-designated currency hedges	3,477		3		(18)
			$	64	$	(112)

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:


For the year ended	2025		2024		2023

Gain (loss) from cash flow hedges in accumulated other comprehensive income (loss)	$	—	$	33	$	30
Gain (loss) excluded from effectiveness testing in cost of goods sold	(107)		(135)		(101)
Gain (loss) reclassified from accumulated other comprehensive income (loss) to earnings, primarily to cost of goods sold	(140)		(172)		(261)

As of August 28, 2025, we expect to reclassify $43 million of pre-tax gains 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 $3.05 billion as of August 28, 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. The effects of fair value currency hedges on our consolidated statements of operations, recognized in other non-operating income (expense), net, were not material for the periods presented.

We also utilized 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 material for the periods presented. In the third quarter of 2025, we prepaid the 2027 Notes and settled the related fixed-to-floating interest rate swaps. See Item 8. Financial Statements and Supplementary Data, Notes to Consolidated Financial Statements, Note 12. Debt.

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. The amounts recognized for derivative instruments without hedge accounting designation were not material for the periods presented. We do not use derivative instruments for speculative purposes.

Derivative Counterparty Credit Risk and Master Netting Arrangements

Our derivative instruments expose us to credit risk to the extent counterparties may be unable to meet the terms of the contracts. Our maximum exposure to loss due to credit risk if counterparties fail completely to perform according to the terms of the contracts would generally equal the fair value of assets for these contracts as listed in the tables above. We seek to mitigate such risk by limiting our counterparties to major financial institutions and by spreading risk across multiple financial institutions. As of August 28, 2025 and August 29, 2024, amounts netted under our master netting arrangements were not material.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 182
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480401/815-10-55-182

Reference 2: http://www.xbrl.org/2003/role/exampleRef
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Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 815
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+ Details

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares shares in Millions	Aug. 28, 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)	1,266	1,253
Common Stock, outstanding (in shares)	1,122	1,109
Treasury Stock, held (in shares)	144	144

Receivables (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024
Receivables [Abstract]
Trade receivables	$ 7,163	$ 5,419
Government incentives	1,572	834
Income and other taxes	436	268
Other	94	94
Receivables	$ 9,265	$ 6,615

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Income Statement [Abstract]
Revenue	$ 37,378	$ 25,111	$ 15,540
Cost of goods sold	22,505	19,498	16,956
Gross margin	14,873	5,613	(1,416)
Research and development	3,798	3,430	3,114
Selling, general, and administrative	1,205	1,129	920
Restructure and asset impairments	39	1	171
Other operating (income) expense, net	61	(251)	124
Operating income (loss)	9,770	1,304	(5,745)
Interest income	496	529	468
Interest expense	(477)	(562)	(388)
Other non-operating income (expense), net	(135)	(31)	7
Income (loss) before income taxes and equity in net income (loss) of equity method investees	9,654	1,240	(5,658)
Income tax (provision) benefit	(1,124)	(451)	(177)
Equity in net income (loss) of equity method investees	9	(11)	2
Net income (loss)	$ 8,539	$ 778	$ (5,833)
Earnings (loss) per share
Basic (in dollars per share)	$ 7.65	$ 0.70	$ (5.34)
Diluted (in dollars per share)	$ 7.59	$ 0.70	$ (5.34)
Number of shares used in per share calculations
Basic (in shares)	1,116	1,105	1,093
Diluted (in shares)	1,125	1,118	1,093

Debt

12 Months Ended

Aug. 28, 2025

Debt Disclosure [Abstract]

Debt


	As of August 28, 2025												As of August 29, 2024
							Net Carrying Amount								Net Carrying Amount
	Stated Rate		Effective Rate		Principal		Current		Long-Term		Total		Principal		Current		Long-Term		Total

2028 Notes	5.375	%	5.52	%	$	542	$	—	$	540	$	540	$	600	$	—	$	597	$	597
2029 Term Loan A	5.455	%	5.49	%	984		—		982		982		—		—		—		—
2029 A Notes	5.327	%	5.40	%	700		—		698		698		700		—		698		698
2029 B Notes	6.750	%	6.54	%	1,159		—		1,168		1,168		1,250		—		1,261		1,261
2030 Notes	4.663	%	4.73	%	796		—		794		794		850		—		847		847
2031 Notes	5.300	%	5.41	%	1,000		—		995		995		1,000		—		994		994
2032 Green Bonds	2.703	%	2.77	%	1,000		—		996		996		1,000		—		996		996
2032 Notes	5.650	%	5.79	%	500		—		496		496		—		—		—		—
2033 A Notes	5.875	%	5.96	%	750		—		746		746		750		—		745		745
2033 B Notes	5.875	%	6.01	%	900		—		892		892		900		—		891		891
2035 A Notes	5.800	%	5.90	%	1,000		—		992		992		—		—		—		—
2035 B Notes	6.050	%	6.14	%	1,250		—		1,241		1,241		—		—		—		—
2041 Notes	3.366	%	3.41	%	500		—		497		497		500		—		497		497
2051 Notes	3.477	%	3.52	%	500		—		496		496		500		—		496		496
2026 Term Loan A	N/A		N/A		—		—		—		—		922		49		872		921
2026 Notes	N/A		N/A		—		—		—		—		500		—		499		499
2027 Term Loan A	N/A		N/A		—		—		—		—		1,065		57		1,006		1,063
2027 Notes	N/A		N/A		—		—		—		—		900		—		838		838
Finance lease obligations	N/A		5.19	%	3,044		560		2,484		3,044		2,054		325		1,729		2,054
					$	14,625	$	560	$	14,017	$	14,577	$	13,491	$	431	$	12,966	$	13,397

As of August 28, 2025, all of our debt, other than finance lease obligations, were unsecured obligations that rank equally in right of payment with all of our other existing and future unsecured indebtedness and were effectively subordinated to all future secured indebtedness, to the extent of the value of the assets securing such indebtedness. All our unsecured debt were obligations of our parent company, Micron, and were structurally subordinated to all liabilities of its subsidiaries, including trade payables. The terms of our indebtedness generally contain cross payment default and cross acceleration provisions. Micron’s guarantees of certain liabilities of its subsidiaries are unsecured obligations ranking equally in right of payment with all of Micron’s other existing and future unsecured indebtedness.

Debt Activity

The table below presents the effects of debt issuances and prepayment activities in 2025:


	Transaction Date	Increase (Decrease) in Principal		Increase (Decrease) in Carrying Value		Increase (Decrease) in Cash

Issuances
2035 A Notes	January 16, 2025	$	1,000	$	992	$	992
2029 Term Loan A	January 17, 2025	1,684		1,681		1,681
2032 Notes	April 29, 2025	500		496		496
2035 B Notes	April 29, 2025	1,250		1,241		1,241
Prepayments
2026 Term Loan A	January 17, 2025	(897)		(896)		(897)
2027 Term Loan A	January 17, 2025	(1,037)		(1,035)		(1,037)
2026 Notes	February 12, 2025	(500)		(499)		(501)
2027 Notes	May 27, 2025	(900)		(854)		(900)
2028 Notes	Various dates	(58)		(57)		(59)
2029 B Notes	Various dates	(91)		(91)		(98)
2030 Notes	Various dates	(54)		(53)		(54)
2029 Term Loan A	August 18, 2025	(700)		(699)		(700)
		$	197	$	226	$	164

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 fixed-to-floating interest rate swaps were accounted for as fair value hedges, and as a result, the carrying value of our 2027 Notes reflected adjustments in fair value. In the third quarter of 2025, we settled these fixed-to-floating interest rate swaps in connection with the prepayment of the 2027 Notes. In the third quarter of 2025, we recognized a $46 million loss in other non-operating income (expense) on prepayment of the 2027 Notes.

Senior Unsecured Notes

We may redeem our 2028 Notes, 2029 A Notes, 2029 B Notes, 2030 Notes, 2031 Notes, 2032 Green Bonds, 2032 Notes, 2033 A Notes, 2033 B Notes, 2035 A Notes, 2035 B Notes, 2041 Notes, and 2051 Notes (the “Senior Unsecured 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. We may also redeem any series of the Senior Unsecured Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the notes to be redeemed plus accrued interest between one and six months prior to the applicable maturity date, in accordance with the respective terms of such series.

The Senior Unsecured 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 Senior Unsecured 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 each series of the Senior Unsecured Notes, we will be required to offer to repurchase the Senior Unsecured Notes of such series 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. On August 18, 2025, we prepaid $700 million of the principal amount.

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

As of August 28, 2025, no amounts were outstanding under the Revolving Credit Facility and $3.50 billion was available to us. Under the Revolving Credit Facility, borrowing 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. Any obligations under the Revolving Credit Facility would be unsecured.

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

As of August 28, 2025, maturities of notes payable and the term loan by fiscal year were as follows:


2026	$	—
2027	—
2028	542
2029	1,684
2030	1,955
2031 and thereafter	7,400
Unamortized issuance costs, discounts, and premium, net	(48)
	$	11,533

- 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

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-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
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-Paragraph 1I
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Section 50
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-Subparagraph (b)
-Publisher FASB
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Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

+ Details

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Earnings per share reconciliation
Net income (loss) - Basic	$ 8,539	$ 778	$ (5,833)
Net income (loss) - Diluted	$ 8,539	$ 778	$ (5,833)
Weighted-average number of shares outstanding reconciliation
Weighted-average common shares outstanding – Basic	1,116	1,105	1,093
Dilutive effect of equity compensation plans	9	13	0
Weighted-average common shares outstanding – Diluted	1,125	1,118	1,093
Basic (in dollars per share)	$ 7.65	$ 0.70	$ (5.34)
Diluted (in dollars per share)	$ 7.59	$ 0.70	$ (5.34)
Antidilutive potential common shares that could dilute basic earnings per share in the future (in shares)	6	3	33

Employee Benefit Plans - (Details) - USD ($) $ in Millions	12 Months Ended
Employee Benefit Plans - (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Employee savings plan for U.S. employees
Maximum annual contributions per employee (in hundredths)	75.00%
Employer matching contribution, percent of employees' eligible earnings (in hundredths)	5.00%
Defined contribution plan contribution expense	$ 78	$ 66	$ 59
Retirement plans
Projected pension benefit obligation	197	191
Pension plan assets	$ 276	$ 261

- Definition

Amount of asset segregated and restricted to provide benefit under defined benefit plan. Asset includes, but is not limited to, stock, bond, other investment, earning from investment, and contribution by employer and employee.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
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+ Details

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024
Deferred tax assets
Net operating loss and tax credit carryforwards	$ 1,016	$ 1,050
Accrued salaries, wages, and benefits	203	182
Operating lease liabilities	192	175
Inventories	25	4
Other	37	59
Gross deferred tax assets	1,473	1,470
Less valuation allowance	(634)	(593)
Deferred tax assets, net of valuation allowance	839	877
Deferred tax liabilities
Right-of-use assets	(163)	(152)
Property, plant, and equipment	(6)	(194)
Other	(106)	(70)
Deferred tax liabilities	(275)	(416)
Net deferred tax assets	564	461
Reported as
Deferred tax assets	616	520
Deferred tax liabilities (included in other noncurrent liabilities)	$ (52)	$ (59)

Property, Plant, and Equipment

12 Months Ended

Aug. 28, 2025

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment


As of	August 28, 2025		August 29, 2024

Land	$	420	$	284
Buildings	22,173		20,141
Equipment(1)	79,934		70,813
Construction in progress(2)	5,518		3,444
Software	1,651		1,365
	109,696		96,047
Accumulated depreciation	(63,106)		(56,298)
	$	46,590	$	39,749

(1)Includes costs related to equipment not placed into service of $4.05 billion as of August 28, 2025 and $3.10 billion as of August 29, 2024.

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

Depreciation expense was $8.28 billion, $7.70 billion, and $7.67 billion for 2025, 2024, and 2023, respectively. Interest capitalized as part of the cost of property, plant, and equipment was $321 million, $225 million, and $208 million for 2025, 2024, and 2023, respectively.

Audit Information	12 Months Ended
Audit Information	Aug. 28, 2025
Audit Information [Abstract]
Auditor Name	PricewaterhouseCoopers LLP
Auditor Location	San Jose, California
Auditor Firm ID	238

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

12 Months Ended

Aug. 28, 2025

Aug. 29, 2024

Aug. 31, 2023

Property, plant, and equipment including finance lease right-of-use asset

Property, plant, and equipment, gross

$ 109,696

$ 96,047

Accumulated depreciation

(63,106)

(56,298)

Property, plant, and equipment, net

46,590

39,749

Depreciation

Depreciation expense

8,280

7,700

$ 7,670

Capitalized interest

Interest capitalized as part of the cost of property, plant, and equipment

321

225

$ 208

Land

Property, plant, and equipment including finance lease right-of-use asset

Property, plant, and equipment, gross

420

284

Buildings

Property, plant, and equipment including finance lease right-of-use asset

Property, plant, and equipment, gross

22,173

20,141

Equipment (including not placed into service)

Property, plant, and equipment including finance lease right-of-use asset

Property, plant, and equipment, gross

^[1]

79,934

70,813

Equipment not placed into service

Property, plant, and equipment including finance lease right-of-use asset

Property, plant, and equipment, gross

4,050

3,100

Construction in progress

Property, plant, and equipment including finance lease right-of-use asset

Property, plant, and equipment, gross

^[2]

5,518

3,444

Software

Property, plant, and equipment including finance lease right-of-use asset

Property, plant, and equipment, gross

$ 1,651

$ 1,365

[1]	Includes costs related to equipment not placed into service of $4.05 billion as of August 28, 2025 and $3.10 billion as of August 29, 2024.
[2]	Primarily includes building-related construction and tool installation.

Debt (Tables)

12 Months Ended

Aug. 28, 2025

Debt Disclosure [Abstract]

Schedule of debt


	As of August 28, 2025												As of August 29, 2024
							Net Carrying Amount								Net Carrying Amount
	Stated Rate		Effective Rate		Principal		Current		Long-Term		Total		Principal		Current		Long-Term		Total

2028 Notes	5.375	%	5.52	%	$	542	$	—	$	540	$	540	$	600	$	—	$	597	$	597
2029 Term Loan A	5.455	%	5.49	%	984		—		982		982		—		—		—		—
2029 A Notes	5.327	%	5.40	%	700		—		698		698		700		—		698		698
2029 B Notes	6.750	%	6.54	%	1,159		—		1,168		1,168		1,250		—		1,261		1,261
2030 Notes	4.663	%	4.73	%	796		—		794		794		850		—		847		847
2031 Notes	5.300	%	5.41	%	1,000		—		995		995		1,000		—		994		994
2032 Green Bonds	2.703	%	2.77	%	1,000		—		996		996		1,000		—		996		996
2032 Notes	5.650	%	5.79	%	500		—		496		496		—		—		—		—
2033 A Notes	5.875	%	5.96	%	750		—		746		746		750		—		745		745
2033 B Notes	5.875	%	6.01	%	900		—		892		892		900		—		891		891
2035 A Notes	5.800	%	5.90	%	1,000		—		992		992		—		—		—		—
2035 B Notes	6.050	%	6.14	%	1,250		—		1,241		1,241		—		—		—		—
2041 Notes	3.366	%	3.41	%	500		—		497		497		500		—		497		497
2051 Notes	3.477	%	3.52	%	500		—		496		496		500		—		496		496
2026 Term Loan A	N/A		N/A		—		—		—		—		922		49		872		921
2026 Notes	N/A		N/A		—		—		—		—		500		—		499		499
2027 Term Loan A	N/A		N/A		—		—		—		—		1,065		57		1,006		1,063
2027 Notes	N/A		N/A		—		—		—		—		900		—		838		838
Finance lease obligations	N/A		5.19	%	3,044		560		2,484		3,044		2,054		325		1,729		2,054
					$	14,625	$	560	$	14,017	$	14,577	$	13,491	$	431	$	12,966	$	13,397

Schedule of debt activity

The table below presents the effects of debt issuances and prepayment activities in 2025:


	Transaction Date	Increase (Decrease) in Principal		Increase (Decrease) in Carrying Value		Increase (Decrease) in Cash

Issuances
2035 A Notes	January 16, 2025	$	1,000	$	992	$	992
2029 Term Loan A	January 17, 2025	1,684		1,681		1,681
2032 Notes	April 29, 2025	500		496		496
2035 B Notes	April 29, 2025	1,250		1,241		1,241
Prepayments
2026 Term Loan A	January 17, 2025	(897)		(896)		(897)
2027 Term Loan A	January 17, 2025	(1,037)		(1,035)		(1,037)
2026 Notes	February 12, 2025	(500)		(499)		(501)
2027 Notes	May 27, 2025	(900)		(854)		(900)
2028 Notes	Various dates	(58)		(57)		(59)
2029 B Notes	Various dates	(91)		(91)		(98)
2030 Notes	Various dates	(54)		(53)		(54)
2029 Term Loan A	August 18, 2025	(700)		(699)		(700)
		$	197	$	226	$	164

Schedule of maturities of notes payable and the term loan

As of August 28, 2025, maturities of notes payable and the term loan by fiscal year were as follows:


2026	$	—
2027	—
2028	542
2029	1,684
2030	1,955
2031 and thereafter	7,400
Unamortized issuance costs, discounts, and premium, net	(48)
	$	11,533

- 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))
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-Topic 210
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Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 942
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-Name Accounting Standards Codification
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-Paragraph 2
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-URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
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-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
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-URI https://asc.fasb.org/1943274/2147481112/505-10-50-7

+ Details

Revenue and Customer Contract Liabilities (Tables)

12 Months Ended

Aug. 28, 2025

Revenue from Contract with Customer [Abstract]

Schedule of revenue by technology


For the year ended	2025		2024		2023

DRAM	$	28,578	$	17,603	$	10,978
NAND	8,503		7,227		4,206
Other (primarily NOR)	297		281		356
	$	37,378	$	25,111	$	15,540

Segment and Other Information - Depreciation and Amortization (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Segment reporting information
Depreciation expense and amortization of intangible assets	$ 8,352	$ 7,780	$ 7,756
Operating segments \| CMBU
Segment reporting information
Depreciation expense and amortization of intangible assets	2,260	1,112	909
Operating segments \| CDBU
Segment reporting information
Depreciation expense and amortization of intangible assets	1,530	1,434	1,020
Operating segments \| AEBU
Segment reporting information
Depreciation expense and amortization of intangible assets	1,375	1,447	1,486
Operating segments \| MCBU
Segment reporting information
Depreciation expense and amortization of intangible assets	3,177	3,762	4,319
Operating segments \| All other
Segment reporting information
Depreciation expense and amortization of intangible assets	5	7	3
Unallocated
Segment reporting information
Depreciation expense and amortization of intangible assets	$ 5	$ 18	$ 19

- Definition

The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.

+ References + Details

Debt - Long-term Debt (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024
Long-term debt by current and noncurrent
Total long-term debt	$ 11,533
Finance lease effective rate (in ten thousandths)	5.19%	4.91%
Current finance lease obligations	$ 560	$ 325
Long-term finance lease obligations	2,484	1,729
Total finance lease obligations	3,044	2,054
Long-term debt and lease obligation
Principal (including finance lease obligation)	14,625	13,491
Current debt (including finance lease obligation)	560	431
Long-term debt (including finance lease obligation)	14,017	12,966
Total net carrying amount of debt (including finance lease obligation)	$ 14,577	$ 13,397
Current finance lease liability, statement of financial position	Current debt (including finance lease obligation)	Current debt (including finance lease obligation)
Noncurrent finance lease liability, statement of financial position	Long-term debt (including finance lease obligation)	Long-term debt (including finance lease obligation)
Corporate bonds \| 2028 Notes
Long-term debt by current and noncurrent
Stated rate (exact percentage)	5.375%
Effective rate (in ten thousandths)	5.52%
Principal	$ 542	$ 600
Current portion of long-term debt	0	0
Noncurrent long-term debt	540	597
Total long-term debt	$ 540	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%
Principal	$ 700	700
Current portion of long-term debt	0	0
Noncurrent long-term debt	698	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%
Principal	$ 1,159	1,250
Current portion of long-term debt	0	0
Noncurrent long-term debt	1,168	1,261
Total long-term debt	$ 1,168	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%
Principal	$ 796	850
Current portion of long-term debt	0	0
Noncurrent long-term debt	794	847
Total long-term debt	$ 794	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%
Principal	$ 1,000	1,000
Current portion of long-term debt	0	0
Noncurrent long-term debt	995	994
Total long-term debt	$ 995	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%
Principal	$ 1,000	1,000
Current portion of long-term debt	0	0
Noncurrent long-term debt	996	996
Total long-term debt	$ 996	996
Corporate bonds \| 2032 Notes
Long-term debt by current and noncurrent
Stated rate (exact percentage)	5.65%
Effective rate (in ten thousandths)	5.79%
Principal	$ 500	0
Current portion of long-term debt	0	0
Noncurrent long-term debt	496	0
Total long-term debt	$ 496	0
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%
Principal	$ 750	750
Current portion of long-term debt	0	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%
Principal	$ 900	900
Current portion of long-term debt	0	0
Noncurrent long-term debt	892	891
Total long-term debt	$ 892	891
Corporate bonds \| 2035 A Notes
Long-term debt by current and noncurrent
Stated rate (exact percentage)	5.80%
Effective rate (in ten thousandths)	5.90%
Principal	$ 1,000	0
Current portion of long-term debt	0	0
Noncurrent long-term debt	992	0
Total long-term debt	$ 992	0
Corporate bonds \| 2035 B Notes
Long-term debt by current and noncurrent
Stated rate (exact percentage)	6.05%
Effective rate (in ten thousandths)	6.14%
Principal	$ 1,250	0
Current portion of long-term debt	0	0
Noncurrent long-term debt	1,241	0
Total long-term debt	$ 1,241	0
Corporate bonds \| 2041 Notes
Long-term debt by current and noncurrent
Stated rate (exact percentage)	3.366%
Effective rate (in ten thousandths)	3.41%
Principal	$ 500	500
Current portion of long-term debt	0	0
Noncurrent long-term debt	497	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%
Principal	$ 500	500
Current portion of long-term debt	0	0
Noncurrent long-term debt	496	496
Total long-term debt	496	496
Corporate bonds \| 2026 Notes
Long-term debt by current and noncurrent
Principal	0	500
Current portion of long-term debt	0	0
Noncurrent long-term debt	0	499
Total long-term debt	0	499
Corporate bonds \| 2027 Notes
Long-term debt by current and noncurrent
Principal	0	900
Current portion of long-term debt	0	0
Noncurrent long-term debt	0	838
Total long-term debt	$ 0	838
Term loan \| 2029 Term Loan A
Long-term debt by current and noncurrent
Stated rate (exact percentage)	5.455%
Effective rate (in ten thousandths)	5.49%
Principal	$ 984	0
Current portion of long-term debt	0	0
Noncurrent long-term debt	982	0
Total long-term debt	982	0
Term loan \| 2026 Term Loan A
Long-term debt by current and noncurrent
Principal	0	922
Current portion of long-term debt	0	49
Noncurrent long-term debt	0	872
Total long-term debt	0	921
Term loan \| 2027 Term Loan A
Long-term debt by current and noncurrent
Principal	0	1,065
Current portion of long-term debt	0	57
Noncurrent long-term debt	0	1,006
Total long-term debt	$ 0	$ 1,063

Property, Plant, and Equipment (Tables)

12 Months Ended

Aug. 28, 2025

Property, Plant and Equipment [Abstract]

Schedule of property, plant, and equipment


As of	August 28, 2025		August 29, 2024

Land	$	420	$	284
Buildings	22,173		20,141
Equipment(1)	79,934		70,813
Construction in progress(2)	5,518		3,444
Software	1,651		1,365
	109,696		96,047
Accumulated depreciation	(63,106)		(56,298)
	$	46,590	$	39,749

(1)Includes costs related to equipment not placed into service of $4.05 billion as of August 28, 2025 and $3.10 billion as of August 29, 2024.

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

Cash and Investments

12 Months Ended

Aug. 28, 2025

Investments and Cash [Abstract]

Cash and Investments


	As of August 28, 2025								As of August 29, 2024
	Cash and Cash Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value		Cash and Cash Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value

Cash	$	7,875	$	—	$	—	$	7,875	$	6,654	$	—	$	—	$	6,654
Level 1(2)
Money market funds	410		—		—		410		20		—		—		20
Level 2(3)
Certificates of deposit	1,292		6		—		1,298		316		6		—		322
Corporate bonds	23		559		1,047		1,629		—		771		571		1,342
Asset-backed securities	—		31		521		552		—		46		433		479
Government securities	9		43		61		113		35		82		42		159
Commercial paper	33		26		—		59		16		160		—		176
	9,642		$	665	$	1,629	$	11,936	7,041		$	1,065	$	1,046	$	9,152
Restricted cash(4)	4								11
Cash, cash equivalents, and restricted cash	$	9,646							$	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.

(4)Restricted cash is included in other current assets.

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

Non-marketable Equity Investments

In addition to the amounts included in the table above, we had $194 million and $190 million of non-marketable equity investments without a readily determinable fair value that were included in other noncurrent assets as of August 28, 2025 and August 29, 2024, respectively. For non-marketable investments, we recognized net losses in other non-operating income (expense) of $10 million, $32 million, and $7 million in 2025, 2024, and 2023, respectively. Our non-marketable equity investments are recorded at fair value on a non-recurring basis and classified as Level 3.

Significant Accounting Policies	12 Months Ended
Significant Accounting Policies	Aug. 28, 2025
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies Basis of Presentation We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND, and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. 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. Intercompany balances and transactions have been eliminated in consolidation. 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 2025, 2024, and 2023 each contained 52 weeks. All period references are to our fiscal periods unless otherwise indicated. Derivative and Hedging Instruments We use derivative instruments to manage our exposure to changes in currency exchange rates from (1) our monetary assets and liabilities denominated in currencies other than the U.S. dollar, (2) non-U.S.-dollar-denominated investments in debt instruments, and (3) forecasted cash flows for certain capital expenditures and manufacturing costs. We also use derivative instruments to manage our exposure to changes in commodity prices for manufacturing supplies. Derivative instruments are measured at their fair values and recognized as either assets or liabilities. The accounting for changes in the fair value of derivative instruments is based on the intended use of the derivative and the resulting designation. For derivative instruments that are not designated for hedge accounting, gains or losses from changes in fair values are recognized in other non-operating income (expense) and cash flows are classified as investing activities in the statement of cash flows. For derivative instruments designated as cash flow hedges, gains or losses are included as a component of accumulated other comprehensive income and reclassified into earnings in the same line items and in the same periods in which the underlying transactions affect earnings. For derivative instruments designated as fair value hedges, changes in the fair values of the derivative instruments and the offsetting changes in the fair values of the underlying hedged items are both recognized in earnings. For foreign currency and commodity derivative instruments designated as cash flow hedges or fair value hedges, time value is excluded from the assessment of effectiveness and the gains and losses attributable to time value are recognized in earnings through an amortization approach. Cash flows from derivative instruments designated as cash flow hedges or fair value hedges are classified in the same category as the items being hedged. We enter into master netting arrangements with our counterparties to mitigate credit risk in derivative hedge transactions. These master netting arrangements allow us and our counterparties to net settle amounts owed to each other. Derivative assets and liabilities that can be net settled with each counterparty have been presented in our consolidated balance sheet on a net basis. Financial Instruments Cash equivalents include highly liquid short-term investments with original maturities at the time of purchase of three months or less that are readily convertible to known amounts of cash. Other investments with remaining maturities of less than one year are included in short-term investments. Investments with remaining maturities greater than one year are included in long-term marketable investments. The carrying value of investment securities sold is determined using the specific identification method. Functional Currency The U.S. dollar is the functional currency for us and all of our consolidated subsidiaries. Goodwill We perform an annual impairment assessment for goodwill in our fourth quarter each year. Government Incentives We receive incentives from governmental entities related to capital expenditures, expenses, and other activities. The government incentives we receive may require that we meet or maintain specified spending levels and other operational metrics and may be subject to reimbursement if such conditions are not met or maintained. Government incentives are recognized in the financial statements based on the underlying principal criteria for earning the incentives when there is reasonable assurance that the conditions of the government incentives are met and the incentive will be received. Incentives related to the acquisition or construction of property, plant, and equipment are recognized as a reduction in the carrying amounts of the related assets and as a reduction of subsequent depreciation expense over the useful lives of the assets. Incentives related to specific operating activities are offset against the related expense in the period the expense is incurred. Government incentives received prior to being earned are recognized in current or noncurrent deferred income, whereas government incentives earned prior to being received are recognized in current or noncurrent receivables. Cash received from government incentives related to operating expenses is included as an operating activity in the statement of cash flows, whereas cash received, including by constructive receipt, from incentives related to the acquisition of property, plant, and equipment is included as an investing activity. For each project, we estimate the total expected project costs and recognize a proportionate benefit as qualified project costs are incurred. As the estimated total expected qualified project cost changes, we adjust our estimate of the recognized proportionate benefit. Inventories Inventories are stated at the lower of cost or net realizable value, with cost being determined on a FIFO basis. Cost includes depreciation, labor, material, and overhead costs, including product and process technology costs. Determining net realizable value of finished goods and work in process inventories requires projecting future average selling prices, sales volumes, and costs per part. When net realizable value is below cost, we record a charge to cost of goods sold to write down inventories to their estimated net realizable value in advance of when inventories are actually sold. We review the major characteristics of product type and markets in determining the unit of account for which we perform the lower of cost or net realizable value analysis and categorize all inventories (including DRAM, NAND, and other memory) as a single group. Leases We determine if an arrangement is a lease, or contains a lease, at the inception of the arrangement and evaluate whether the lease is an operating lease or a finance lease at the commencement date. We recognize right-of-use assets and lease liabilities for operating and finance leases with terms greater than 12 months. Right-of-use assets represent our right to use an asset for the lease term, while lease liabilities represent our obligation to make lease payments. We do not separate lease and non-lease components for real-estate and gas plant leases. Sublease income is included within lease expense. Product and Process Technology Costs incurred to (1) acquire product and process technology, (2) patent technology, and (3) keep patents in force, are capitalized and amortized on a straight-line basis over periods ranging up to 12.5 years. We capitalize a portion of costs incurred to patent technology based on historical data of patents issued as a percent of patents we file. Product and process technology costs are amortized over the shorter of (1) the estimated useful life of the technology, (2) the patent term, or (3) the term of the technology agreement. Fully-amortized assets are removed from product and process technology and accumulated amortization. Product Warranty We generally provide a limited warranty that our products are in compliance with applicable specifications existing at the time of delivery. Under our standard terms and conditions of sale, liability for certain failures of product during a stated warranty period is usually limited to repair or replacement of defective items or return of, or a credit with respect to, amounts paid for such items. Under certain circumstances, we provide more extensive limited warranty coverage than that provided under our standard terms and conditions. Our warranty obligations are not material. Property, Plant, and Equipment Property, plant, and equipment is stated at cost and depreciated using the straight-line method over estimated useful lives of generally 10 to 30 years for buildings, 7 years for production equipment, up to 7 years for other equipment, and 3 to 5 years for software. Assets held for sale are carried at the lower of estimated fair value or carrying value and are included in current assets. When property, plant, or equipment is retired or otherwise disposed, the net book value is removed and we recognize any gain or loss in results of operations. We capitalize interest on borrowings during the period of time we carry out the activities necessary to bring assets to the condition of their intended use and location. We utilize a weighted-average capitalization rate that is based on our consolidated debt portfolio. Capitalized interest becomes part of the cost of assets. Research and Development Costs related to the conceptual formulation and design of products and processes are charged to R&D expense as incurred. Development of a product is deemed complete when it is qualified through reviews and tests for performance and reliability. Subsequent to product qualification, product costs are included in cost of goods sold. Revenue Recognition 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. Contracts with our customers are generally short-term in duration at fixed, negotiated prices with payment generally due shortly after delivery. We estimate a liability for returns using the expected value method based on historical returns. In addition, we generally offer price protection to our distributors, which is a form of variable consideration that decreases the transaction price. We use the expected value method, based on historical price adjustments and current pricing trends, to estimate the amount of revenue recognized from sales to distributors. Differences between the estimated and actual amounts are recognized as adjustments to revenue. Stock-based Compensation Stock-based compensation is measured at the grant date, based on the fair value of the award, and recognized as expense under the straight-line attribution method over the requisite service period. We account for forfeitures as they occur. We issue new shares upon the exercise of stock options, conversion of share units, or issuance of shares under our ESPP. Treasury Stock Treasury stock is carried at cost. When we retire our treasury stock, any excess of the repurchase price paid over par value is allocated between additional capital and retained earnings. Use of Estimates The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires our management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues, expenses, and related disclosures. Estimates and judgments are based on historical experience, forecasted events, and various other assumptions that we believe to be reasonable under the circumstances. Estimates and judgments may differ under different assumptions or conditions. We evaluate our estimates and judgments on an ongoing basis. Actual results could differ from estimates.

Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024
Accounts payable and accrued liabilities, current
Accounts payable	$ 3,132	$ 2,726
Property, plant, and equipment	4,391	2,925
Salaries, wages, and benefits	1,116	1,117
Income and other taxes	628	218
Other	382	313
Total accounts payable and accrued expenses	$ 9,649	$ 7,299

Contingencies	12 Months Ended
Contingencies	Aug. 28, 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 (“W.D. Tex.”). 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 Düsseldorf 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. On July 9, 2025, Micron filed a notice that it will appeal the judgment. 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 unpatentable 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 unpatentable 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 May 19, 2025, Netlist filed a complaint against Micron, MSP, and MTEC in E.D. Tex. alleging that one U.S. patent is infringed by our HBM products. On July 8, 2025, Netlist amended the complaint to allege that one additional U.S. patent is infringed by certain of our DIMMs. On July 28, 2025, Netlist filed an additional complaint against Micron, MSP, and MTEC in E.D. Tex. alleging that one U.S. patent is infringed by certain of our DIMMs. These complaints seek damages, attorneys’ fees, and other equitable relief. On January 23, 2023, Besang Inc. filed a patent infringement complaint against Micron in 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 September 17, 2025, the District Court issued a judgment that the accused products do not infringe the asserted patent. 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 was served with the same complaints. The complaints assert that Micron 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 Micron 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 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. On June 30, 2025, Advanced Memory Technologies, LLC filed a patent infringement lawsuit against Micron in W.D. Tex. alleging that four U.S. Patents are infringed by certain of our DRAM and NAND 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. On April 3, 2025, the case was transferred to the United States District Court for the District of Idaho (“D. Idaho”), and on May 23, 2025, an amended complaint was filed in D. Idaho. The amended complaint alleges defendants made materially false or misleading statements during a putative class period from March 29, 2023 to December 18, 2024, regarding industry supply and demand dynamics and the demand for Micron's products, including NAND and DRAM products. The amended 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 D. 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 putative 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. On April 28, 2025, the complaints were consolidated and on May 14, 2025, the consolidated complaints were stayed until the issuance of a final decision on all motions to dismiss the securities putative class action matter or a final resolution of the putative class action matter. On September 8, 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 United States District Court for the District of Delaware (“D. Del.”). The complaint alleges violations of the Securities and Exchange Act of 1934, breaches of fiduciary duty, unjust enrichment, insider trading and misappropriation of information, abuse of control, gross mismanagement, and waste of corporate assets. The complaint is based on substantially the same allegations of false and misleading statements and/or omissions of material information as were asserted in the putative securities class action and similar shareholder derivative suits pending in D. Idaho. Other Matters On June 7, 2025, YMTC filed a complaint against Micron and DCI Group AZ, LLC in the U.S. District Court for the District of Columbia. The complaint alleges that the defendants engaged in false advertising, product disparagement, and unfair competition regarding YMTC’s 3D NAND flash products in violation of the Lanham Act. The complaint seeks injunctive relief, damages, disgorgement of profits, attorneys’ fees, and costs. 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-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 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 825
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482804/825-20-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 720
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483359/720-20-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 450
-SubTopic 20
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 5.Y.Q4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480102/450-20-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 450
-SubTopic 20
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 5.Y.Q2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480102/450-20-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 450
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483076/450-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 450
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/450-20/tableOfContent

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 450
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483076/450-20-50-4

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 450
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483076/450-20-50-9

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 450
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/450-30/tableOfContent

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 450
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483049/450-30-50-1

+ Details

Receivables (Tables)

12 Months Ended

Aug. 28, 2025

Receivables [Abstract]

Schedule of receivables


As of	August 28, 2025		August 29, 2024

Trade receivables	$	7,163	$	5,419
Government incentives	1,572		834
Income and other taxes	436		268
Other	94		94
	$	9,265	$	6,615

Leases (Tables)

12 Months Ended

Aug. 28, 2025

Leases [Abstract]

Schedule of components of lease cost

The components of lease cost are presented below:


For the year ended	2025		2024		2023

Finance lease cost
Amortization of right-of-use asset	$	335	$	176	$	105
Interest on lease liability	127		70		24
Operating lease cost(1)	153		140		137
	$	615	$	386	$	266

(1)Includes short-term and variable lease costs.

Schedule of other lease information

Supplemental cash flow information related to leases was as follows:


For the year ended	2025		2024		2023

Cash flows used for operating activities
Finance leases	$	120	$	61	$	24
Operating leases	149		132		139
Cash flows used for financing activities – Finance leases	323		155		109
Non-cash acquisitions of right-of-use assets
Finance leases	1,298		905		508
Operating leases	166		54		57

Supplemental balance sheet information related to leases was as follows:


As of	August 28, 2025			August 29, 2024

Finance lease right-of-use assets (included in property, plant, and equipment)	$	3,004		$	2,038
Current operating lease liabilities (included in accounts payable and accrued expenses)	74			71

Weighted-average remaining lease term (in years)
Finance leases	7			8
Operating leases	12			10
Weighted-average discount rate
Finance leases	5.19		%	4.91		%
Operating leases	4.26		%	3.42		%

Schedule of finance lease maturities

As of August 28, 2025, maturities of lease liabilities by fiscal year were as follows:


	Finance Leases		Operating Leases

2026	$	675	$	92
2027	660		97
2028	640		89
2029	548		83
2030	336		85
2031 and thereafter	647		628
Less imputed interest	(462)		(299)
	$	3,044	$	775

Schedule of operating lease maturities

As of August 28, 2025, maturities of lease liabilities by fiscal year were as follows:


	Finance Leases		Operating Leases

2026	$	675	$	92
2027	660		97
2028	640		89
2029	548		83
2030	336		85
2031 and thereafter	647		628
Less imputed interest	(462)		(299)
	$	3,044	$	775

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

12 Months Ended

Aug. 28, 2025

Aug. 29, 2024

Aug. 31, 2023

Components of lease expense

Amortization of right-of-use asset

$ 335

$ 176

$ 105

Interest on lease liability

127

Operating lease cost(1)

^[1]

153

140

137

Total lease cost

615

386

266

Cash flows used for operating activities

Finance leases

120

Operating leases

149

132

139

Cash flows used for financing activities

Cash flows used for financing activities – Finance leases

323

155

109

Non-cash acquisitions of right-of-use assets

Finance leases, non-cash acquisitions of right-of-use assets

1,298

905

508

Operating leases, non-cash acquisitions of right-of-use assets

$ 166

$ 54

$ 57

Lessee, finance lease description

Finance lease right-of-use assets, 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)

$ 3,004

$ 2,038

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

7 years

8 years

Finance leases, weighted-average discount rate

5.19%

4.91%

Lessee, operating lease description

Current operating lease liabilities, balance sheet location

Accounts payable and accrued expenses

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

$ 74

$ 71

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

12 years

10 years

Operating leases, weighted-average discount rate

4.26%

3.42%

Real estate | Minimum

Lessee, lease, description

Operating lease renewal term

1 year

Real estate | Maximum

Lessee, lease, description

Operating lease renewal term

10 years

Land | Minimum

Lessee, lease, description

Operating lease renewal term

1 year

Land | Maximum

Lessee, lease, description

Operating lease renewal term

99 years

[1]	ncludes short-term and variable lease costs.

Government Incentives - Additional Disclosures (Details) $ in Millions, ¥ in Billions	12 Months Ended
	Aug. 28, 2025 USD ($)	Aug. 29, 2025 USD ($)	Aug. 29, 2025 JPY (¥)	Jul. 04, 2025	Jul. 03, 2025
Government incentives
Property, plant, and equipment, decrease, cumulative	$ 5,040
Property, plant, and equipment, decrease, current year	$ 3,110
Property, plant, and equipment, decrease, statement of financial position	Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization
Operating expense, decrease	$ 588
Operating expense, decrease (increase), statement of income or comprehensive income	Cost of goods sold, Research and development
Cost of goods sold
Government incentives
Income statement benefit by caption, percentage	87.00%
Research and development
Government incentives
Income statement benefit by caption, percentage	13.00%
CHIPS direct funding - Boise, ID and Clay, NY
Government incentives
Award amount	$ 6,100
CHIPS direct funding - Manassas, VA
Government incentives
Award amount	275
CHIPS direct funding
Government incentives
Award amount	6,400
CHIPS investment tax credit
Government incentives
Award percentage				35.00%	25.00%
Project - New York - Fabrication facility
Government incentives
Non-binding commitment amount	$ 5,500
Project - Gujarat - India central government funding
Government incentives
Award percentage	50.00%
Project - Gujarat - State funding
Government incentives
Award percentage	20.00%
Project - Hiroshima, Japan - Manufacturing facility \| Subsequent event
Government incentives
Award amount		$ 3,400	¥ 500

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 Sep. 01, 2022		1,226
Balance of total equity at Sep. 01, 2022	$ 49,907	$ 123	$ 10,197	$ 47,274	$ (7,127)	$ (560)
Increase (decrease) in stockholders' equity
Net income (loss)	(5,833)			(5,833)
Other comprehensive income (loss), net	248					248
Stock issued under equity compensation plans (in shares)		15
Stock issued under equity compensation plans	263	$ 1	262
Stock-based compensation expense	596		596
Repurchase of stock – repurchase program	(425)				(425)
Repurchase of stock - withholdings on employee equity awards (in shares)		2
Repurchase of stock – withholdings on employee equity awards	$ (127)	$ 0	(19)	(108)
Dividends and dividend equivalents declared (per share)	$ 0.460
Dividends and dividend equivalents declared	$ (509)			(509)
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
Net income (loss)	778			778
Other comprehensive income (loss), net	178					178
Stock issued under equity compensation plans (in shares)		17
Stock issued under equity compensation plans	272	$ 1	271
Stock-based compensation expense	833		833
Repurchase of stock – repurchase program	(300)				(300)
Repurchase of stock - withholdings on employee equity awards (in shares)		3
Repurchase of stock – withholdings on employee equity awards	$ (232)	$ 0	(25)	(207)
Dividends and dividend equivalents declared (per share)	$ 0.460
Dividends and dividend equivalents declared	$ (518)			(518)
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
Net income (loss)	8,539			8,539
Other comprehensive income (loss), net	102					102
Stock issued under equity compensation plans (in shares)		16
Stock issued under equity compensation plans	287	$ 2	285
Stock-based compensation expense	972		972
Repurchase of stock - withholdings on employee equity awards (in shares)		3
Repurchase of stock – withholdings on employee equity awards	$ (339)	$ 0	(33)	(306)
Dividends and dividend equivalents declared (per share)	$ 0.460
Dividends and dividend equivalents declared	$ (527)			(527)
Balance (in shares) at Aug. 28, 2025	1,266	1,266
Balance of total equity at Aug. 28, 2025	$ 54,165	$ 127	$ 13,339	$ 48,583	$ (7,852)	$ (32)

Income Taxes - Income (loss) before Taxes and Other Items (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Income (loss) before income taxes and equity in net income (loss) of equity method investees
U.S.	$ 686	$ 544	$ 235
Foreign	8,968	696	(5,893)
Income (loss) before income taxes and equity in net income (loss) of equity method investees	9,654	1,240	(5,658)
Current
U.S. federal	(275)	(82)	(5)
State	(15)	(1)	(1)
Foreign	(670)	(333)	(178)
Total income tax (provision) benefit, current	(960)	(416)	(184)
Deferred
U.S. federal	(118)	18	(84)
State	0	0	0
Foreign	(46)	(53)	91
Total income tax (provision) benefit, deferred	(164)	(35)	7
Income tax (provision) benefit	$ (1,124)	$ (451)	$ (177)

Other Income and Expenses

12 Months Ended

Aug. 28, 2025

Other Nonoperating Income (Expense) [Abstract]

Other Non-Operating Income (Expense), Net


For the year ended	2025		2024		2023

Gain (loss) from changes in currency exchange rates	$	(72)	$	(13)	$	10
Loss on debt prepayments	(59)		(1)		—
Other	(4)		(17)		(3)
	$	(135)	$	(31)	$	7

Certain Concentrations (Details)	12 Months Ended
Certain Concentrations (Details)	Aug. 28, 2025	Aug. 29, 2024
Revenue from contract with customer \| Customer concentration risk \| Undisclosed Customer 1
Concentration risk
Concentration risk, percentage	17.00%	10.00%

- 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

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 275
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482861/275-10-50-18

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 275
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482861/275-10-50-18

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 275
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 20
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482861/275-10-50-20

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 275
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482861/275-10-50-18

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 275
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482861/275-10-50-18

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 275
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 18
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482861/275-10-50-18

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 275
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 18
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482836/275-10-55-18

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 275
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 20
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482861/275-10-50-20

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 954
-SubTopic 310
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478785/954-310-50-2

+ Details

- Definition

For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division.

+ References + Details

Earnings Per Share (Tables)

12 Months Ended

Aug. 28, 2025

Earnings Per Share [Abstract]

Basic and diluted earnings per share


For the year ended	2025		2024		2023

Net income (loss) – Basic and Diluted	$	8,539	$	778	$	(5,833)

Weighted-average common shares outstanding – Basic	1,116		1,105		1,093
Dilutive effect of equity compensation plans	9		13		—
Weighted-average common shares outstanding – Diluted	1,125		1,118		1,093

Earnings (loss) per share
Basic	$	7.65	$	0.70	$	(5.34)
Diluted	7.59		0.70		(5.34)

Schedule of antidilutive securities excluded from computation of earnings per share


For the year ended	2025	2024	2023

Equity compensation plans	6	3	33

Income Taxes - Tax Holiday and Other (Details) $ / shares in Units, $ in Millions	12 Months Ended
	Aug. 28, 2025 USD ($) $ / shares
Income Tax Disclosure [Abstract]
Tax benefit from incentive arrangements	$ 1,050
Tax benefit per diluted share from incentive arrangements \| $ / shares	$ 0.93
Undistributed earnings of foreign subsidiaries deemed indefinitely reinvested	$ 4,310

Other Operating (Income) Expense, Net (Tables)

12 Months Ended

Aug. 28, 2025

Other Income and Expenses [Abstract]

Schedule of other operating (income) expense, net


For the year ended	2025		2024		2023

Patent license charges	$	57	$	—	$	—
Goodwill impairment	—		—		101
Litigation settlement	—		—		68
Patent cross-license agreement gain	—		(200)		—
Other	4		(51)		(45)
	$	61	$	(251)	$	124

Commitments	12 Months Ended
Commitments	Aug. 28, 2025
Commitments and Contingencies Disclosure [Abstract]
Commitments	Commitments As of August 28, 2025, we had noncancelable commitments with remaining contractual terms in excess of one year of approximately $5.5 billion for purchase obligations, of which approximately $1.2 billion will be due in 2026, $1.2 billion due in 2027, $1.0 billion due in 2028, $400 million due in 2029, $400 million due in 2030, and $1.3 billion due in 2031 and thereafter. Purchase obligations primarily include payments for goods or services with either a fixed or minimum quantity and price, which includes payments for the acquisition of property, plant, and equipment. Payments for leases that have been executed but have not yet commenced are excluded.

Restructure and Asset Impairments (Tables)

12 Months Ended

Aug. 28, 2025

Restructuring and Related Activities [Abstract]

Restructure and asset impairments


For the year ended	2025		2024		2023

Employee severance	$	30	$	1	$	163
Asset impairments and other asset-related costs	9		—		14
Other	—		—		(6)
	$	39	$	1	$	171

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Aug. 28, 2025 shares
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Terminated	false
Scott DeBoer [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On July 24, 2025, Scott DeBoer our Executive Vice President, Chief Technology and Products Officer, adopted a Rule 10b5-1 trading arrangement providing for the sale of an aggregate of up to 82,000 shares of our common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The first date that sales of any shares are permitted to be sold under the trading arrangement is October 25, 2025, and subsequent sales under the trading arrangement may occur on a regular basis for the duration of the trading arrangement. The trading arrangement will terminate no less than one year from the date the plan is entered into, or earlier if all transactions under the trading arrangement are completed.
Name	Scott DeBoer
Title	Executive Vice President, Chief Technology and Products Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	July 24, 2025
Expiration Date	The trading arrangement will terminate no less than one year from the date the plan is entered into, or earlier if all transactions under the trading arrangement are completed.
Aggregate Available	82,000
April 22, 2025 Plan [Member] \| Mark Murphy [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On July 31, 2025, Mark Murphy, our Executive Vice President and Chief Financial Officer, modified an existing Rule 10b5-1 trading arrangement that was originally entered into on April 22, 2025. The modified trading arrangement provides for the sale of up to 126,000 shares of common stock. The first date that sales of any shares are permitted to be sold under the modified trading arrangement, is October 30, 2025, and subsequent sales may occur from time to time for the duration of the trading arrangement until July 31, 2026, or earlier if all transactions under the trading arrangement are completed. The modified trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c).
Name	Mark Murphy
Title	Executive Vice President and Chief Financial Officer
Rule 10b5-1 Arrangement Terminated	true
Termination Date	July 31, 2025
July 31, 2025 Plan [Member] \| Mark Murphy [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On July 31, 2025, Mark Murphy, our Executive Vice President and Chief Financial Officer, modified an existing Rule 10b5-1 trading arrangement that was originally entered into on April 22, 2025. The modified trading arrangement provides for the sale of up to 126,000 shares of common stock. The first date that sales of any shares are permitted to be sold under the modified trading arrangement, is October 30, 2025, and subsequent sales may occur from time to time for the duration of the trading arrangement until July 31, 2026, or earlier if all transactions under the trading arrangement are completed. The modified trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c).
Name	Mark Murphy
Title	Executive Vice President and Chief Financial Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	July 31, 2025
Expiration Date	July 31, 2026
Arrangement Duration	365 days
Aggregate Available	126,000

Segment and Other Information (Tables)

12 Months Ended

Aug. 28, 2025

Segment Reporting [Abstract]

Schedule of results by segment


For the year ended 2025	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	13,524	$	7,229	$	11,859	$	4,753	$	13	$	—	$	37,378
Cost of goods sold	5,867		3,995		8,650		3,566		14		413		22,505
Gross margin	7,657		3,234		3,209		1,187		(1)		(413)		14,873

Research and development	1,315		864		836		435		—		348		3,798
Selling, general, and administrative	213		188		390		195		—		219		1,205
Restructure and asset impairment	—		—		—		—		—		39		39
Other operating (income) expense, net	—		2		2		—		—		57		61
Operating income (loss)	$	6,129	$	2,180	$	1,981	$	557	$	(1)	$	(1,076)	$	9,770


For the year ended 2024	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	3,792	$	4,984	$	11,667	$	4,631	$	37	$	—	$	25,111
Cost of goods sold	2,677		3,638		10,222		3,598		20		(657)		19,498
Gross margin	1,115		1,346		1,445		1,033		17		657		5,613

Research and development	769		960		994		425		—		282		3,430
Selling, general, and administrative	107		139		485		186		(1)		213		1,129
Restructure and asset impairment	—		—		—		—		—		1		1
Other operating (income) expense, net	(5)		(8)		(33)		(10)		—		(195)		(251)
Operating income (loss)	$	244	$	255	$	(1)	$	432	$	18	$	356	$	1,304


For the year ended 2023	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	1,872	$	2,124	$	7,394	$	4,139	$	11	$	—	$	15,540
Cost of goods sold	1,801		1,967		9,072		2,905		4		1,207		16,956
Gross margin	71		157		(1,678)		1,234		7		(1,207)		(1,416)

Research and development	755		622		1,122		389		—		226		3,114
Selling, general, and administrative	90		104		414		176		(1)		137		920
Restructure and asset impairment	—		—		—		—		—		171		171
Other operating (income) expense, net	(6)		(6)		(25)		(11)		—		172		124
Operating income (loss)	$	(768)	$	(563)	$	(3,189)	$	680	$	8	$	(1,913)	$	(5,745)

Schedule of unallocated amounts [reconciliation of operating profit (loss) from segments to consolidated]

The table below presents the unallocated amounts:


For the year ended	2025		2024		2023

Unallocated
Cost of goods sold:
Stock-based compensation	$	409	$	312	$	201
Provision to write down inventories to net realizable value	—		—		1,831
Lower costs from sale of inventory written down in prior periods	—		(987)		(844)
Other	4		18		19
	413		(657)		1,207
Research and development:
Stock-based compensation	347		296		226
Other	1		(14)		—
	348		282		226
Selling, general, and administrative:
Stock-based compensation	219		213		137

Restructure and asset impairment:	39		1		171

Other operating (income) expense, net:
Patent license charges	57		—		—
Goodwill impairment	—		—		101
Litigation settlement	—		—		68
Patent cross-license agreement gain	—		(200)		—
Other	—		5		3
	57		(195)		172

Total unallocated amounts	$	1,076	$	(356)	$	1,913

Schedule of depreciation and amortization expense by segment

Depreciation and amortization expense included in operating income (loss) was as follows:


For the year ended	2025		2024		2023

CMBU	$	2,260	$	1,112	$	909
CDBU	1,530		1,434		1,020
MCBU	3,177		3,762		4,319
AEBU	1,375		1,447		1,486
All Other	5		7		3
Unallocated	5		18		19
	$	8,352	$	7,780	$	7,756

Variable Interest Entities (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024
Variable interest entity
Finance leases, right-of-use asset	$ 3,004	$ 2,038
Finance leases, liability	3,044	$ 2,054
Variable interest entity, not primary beneficiary
Variable interest entity
Finance leases, right-of-use asset	1,580
Finance leases, liability	$ 1,580

- 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

Geographic Information

12 Months Ended

Aug. 28, 2025

Segment Reporting [Abstract]

Geographic Information

Revenue based on the geographic location of our customers’ headquarters was as follows:


For the year ended	2025		2024		2023

U.S.	$	24,113	$	13,168	$	7,805
Taiwan	5,672		4,708		2,697
Mainland China (excluding Hong Kong)	2,639		3,045		2,181
Other Asia Pacific	1,913		1,330		752
Hong Kong	1,138		1,071		340
Japan	895		840		987
Europe	625		818		682
Other	383		131		96
	$	37,378	$	25,111	$	15,540

Long-lived assets by geographic area consisted of property, plant, and equipment and operating lease right-of-use assets and were as follows:


As of	August 28, 2025		August 29, 2024

Taiwan	$	18,965	$	14,156
Singapore	10,669		10,588
U.S.	8,445		6,508
Japan	7,038		7,085
Malaysia	1,124		1,153
China	544		486
India	449		338
Other	92		80
	$	47,326	$	40,394

Restructure and Asset Impairments (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Dec. 31, 2023	Aug. 31, 2023
Restructuring and Related Activities [Abstract]
Employee severance	$ 30	$ 1		$ 163
Asset impairments and other asset-related costs	9	0		14
Other	0	0		(6)
Restructure and asset impairments	$ 39	$ 1		$ 171
Restructure headcount reduction (in hundredths)			15.00%

Inventories (Details) - USD ($) $ in Millions	12 Months Ended
Inventories (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Inventory, net of reserves
Finished goods	$ 1,094	$ 1,308
Work in process	6,401	6,774
Raw materials and supplies	860	793
Inventories	8,355	8,875
Provision to write down inventories to net realizable value	$ 0	$ 0	$ 1,831

Intangible Assets (Details) - USD ($) $ in Millions	12 Months Ended
Intangible Assets (Details) - USD ($) $ in Millions	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Amortizing assets
Gross amount	$ 670	$ 694
Accumulated amortization	(217)	(278)
Net carrying amount	453	416
Additions and amortization
Amortization of Intangible Assets	71	82	$ 86
Annual amortization expense for intangible assets
2026	73
2027	65
2028	62
2029	55
2030	57
2031 and thereafter	141
Product and process technology
Amortizing assets
Gross amount	662	683
Accumulated amortization	(217)	(278)
Net carrying amount	445	405
Additions and amortization
Increase in product and process technology from capitalizations	112	84	$ 87
Other
Amortizing assets
Gross amount	8	11
Accumulated amortization	0	0
Net carrying amount	$ 8	$ 11
Weighted average \| Product and process technology
Additions and amortization
Useful lives of assets placed into service	9 years	10 years	9 years

Segment and Other Information - Results by Segment (Details) - USD ($) $ in Millions	12 Months Ended
	Aug. 28, 2025	Aug. 29, 2024	Aug. 31, 2023
Segment reporting information
Revenue	$ 37,378	$ 25,111	$ 15,540
Cost of goods sold	22,505	19,498	16,956
Gross margin	14,873	5,613	(1,416)
Research and development	3,798	3,430	3,114
Selling, general, and administrative	1,205	1,129	920
Restructure and asset impairments	39	1	171
Other operating (income) expense, net	61	(251)	124
Operating income (loss)	9,770	1,304	(5,745)
Operating segments \| CMBU
Segment reporting information
Revenue	13,524	3,792	1,872
Cost of goods sold	5,867	2,677	1,801
Gross margin	7,657	1,115	71
Research and development	1,315	769	755
Selling, general, and administrative	213	107	90
Restructure and asset impairments	0	0	0
Other operating (income) expense, net	0	(5)	(6)
Operating income (loss)	6,129	244	(768)
Operating segments \| CDBU
Segment reporting information
Revenue	7,229	4,984	2,124
Cost of goods sold	3,995	3,638	1,967
Gross margin	3,234	1,346	157
Research and development	864	960	622
Selling, general, and administrative	188	139	104
Restructure and asset impairments	0	0	0
Other operating (income) expense, net	2	(8)	(6)
Operating income (loss)	2,180	255	(563)
Operating segments \| MCBU
Segment reporting information
Revenue	11,859	11,667	7,394
Cost of goods sold	8,650	10,222	9,072
Gross margin	3,209	1,445	(1,678)
Research and development	836	994	1,122
Selling, general, and administrative	390	485	414
Restructure and asset impairments	0	0	0
Other operating (income) expense, net	2	(33)	(25)
Operating income (loss)	1,981	(1)	(3,189)
Operating segments \| AEBU
Segment reporting information
Revenue	4,753	4,631	4,139
Cost of goods sold	3,566	3,598	2,905
Gross margin	1,187	1,033	1,234
Research and development	435	425	389
Selling, general, and administrative	195	186	176
Restructure and asset impairments	0	0	0
Other operating (income) expense, net	0	(10)	(11)
Operating income (loss)	557	432	680
Operating segments \| All other
Segment reporting information
Revenue	13	37	11
Cost of goods sold	14	20	4
Gross margin	(1)	17	7
Research and development	0	0	0
Selling, general, and administrative	0	(1)	(1)
Restructure and asset impairments	0	0	0
Other operating (income) expense, net	0	0	0
Operating income (loss)	(1)	18	8
Unallocated
Segment reporting information
Revenue	0	0	0
Cost of goods sold	413	(657)	1,207
Gross margin	(413)	657	(1,207)
Research and development	348	282	226
Selling, general, and administrative	219	213	137
Restructure and asset impairments	39	1	171
Other operating (income) expense, net	57	(195)	172
Operating income (loss)	$ (1,076)	$ 356	$ (1,913)

Derivative Instruments (Tables)

12 Months Ended

Aug. 28, 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 August 28, 2025
Derivative instruments with hedge accounting designation
Cash flow currency hedges	$	3,271	$	41	$	(64)
Cash flow commodity hedges	393		19		(20)
Fair value currency hedges	3,049		1		(10)

Derivative instruments without hedge accounting designation
Non-designated currency hedges	3,477		3		(18)
			$	64	$	(112)

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

The effects of cash flow hedging activities were as follows:


For the year ended	2025		2024		2023

Gain (loss) from cash flow hedges in accumulated other comprehensive income (loss)	$	—	$	33	$	30
Gain (loss) excluded from effectiveness testing in cost of goods sold	(107)		(135)		(101)
Gain (loss) reclassified from accumulated other comprehensive income (loss) to earnings, primarily to cost of goods sold	(140)		(172)		(261)

Segment and Other Information

12 Months Ended

Aug. 28, 2025

Segment Reporting [Abstract]

Segment and Other Information

We initiated a strategic reorganization of our business units to a market segment-focused business unit structure, with AI growth opportunities in every business unit. We completed the reorganization of our operations and organizational structure and began to manage operations under our new segment structure effective in the fourth quarter of 2025. As high-performance memory and storage become increasingly vital to drive the growth of AI, this business unit reorganization allows us to stay at the forefront of innovation in each market segment through deeper customer engagement and to address the dynamic needs of the industry.

All prior-period segment amounts have been retrospectively adjusted to reflect the way our Chief Executive Officer, who is our Chief Operating Decision Maker (“CODM”), assesses the performance of our segments based on segment revenue, cost of goods sold, operating expenses, and operating income (loss). The segment information reported herein is regularly provided to and reviewed and evaluated by our CODM to budget, forecast, and decide how to allocate resources for capital investments, human capital, and other strategic investments across our segments. There are no changes to our Consolidated Financial Statements for any prior periods.

We have the following four business units, which are our reportable segments:

•Cloud Memory Business Unit (“CMBU”): Focused on memory solutions for large hyperscale cloud customers, and HBM for all data center customers.

•Core Data Center Business Unit (“CDBU”): Focused on memory solutions for mid-tier cloud, enterprise, and OEM data center customers and storage solutions for all data center customers.

•Mobile and Client Business Unit (“MCBU”): Focused on memory and storage solutions for the mobile and client segments.

•Automotive and Embedded Business Unit (“AEBU”): Focused on memory and storage solutions for the automotive, industrial, and consumer segments.

Our other operations do not meet the thresholds of a reportable segment and are reported under All Other. 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. Certain income and expenses are not allocated to segments because our CODM does not consider these amounts in the assessment of the performance of our segments. The unallocated amounts primarily include stock-based compensation, the impact of inventory NRV write-downs, gains and losses from settlements, restructure and asset impairment, and goodwill impairment.


For the year ended 2025	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	13,524	$	7,229	$	11,859	$	4,753	$	13	$	—	$	37,378
Cost of goods sold	5,867		3,995		8,650		3,566		14		413		22,505
Gross margin	7,657		3,234		3,209		1,187		(1)		(413)		14,873

Research and development	1,315		864		836		435		—		348		3,798
Selling, general, and administrative	213		188		390		195		—		219		1,205
Restructure and asset impairment	—		—		—		—		—		39		39
Other operating (income) expense, net	—		2		2		—		—		57		61
Operating income (loss)	$	6,129	$	2,180	$	1,981	$	557	$	(1)	$	(1,076)	$	9,770


For the year ended 2024	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	3,792	$	4,984	$	11,667	$	4,631	$	37	$	—	$	25,111
Cost of goods sold	2,677		3,638		10,222		3,598		20		(657)		19,498
Gross margin	1,115		1,346		1,445		1,033		17		657		5,613

Research and development	769		960		994		425		—		282		3,430
Selling, general, and administrative	107		139		485		186		(1)		213		1,129
Restructure and asset impairment	—		—		—		—		—		1		1
Other operating (income) expense, net	(5)		(8)		(33)		(10)		—		(195)		(251)
Operating income (loss)	$	244	$	255	$	(1)	$	432	$	18	$	356	$	1,304


For the year ended 2023	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	1,872	$	2,124	$	7,394	$	4,139	$	11	$	—	$	15,540
Cost of goods sold	1,801		1,967		9,072		2,905		4		1,207		16,956
Gross margin	71		157		(1,678)		1,234		7		(1,207)		(1,416)

Research and development	755		622		1,122		389		—		226		3,114
Selling, general, and administrative	90		104		414		176		(1)		137		920
Restructure and asset impairment	—		—		—		—		—		171		171
Other operating (income) expense, net	(6)		(6)		(25)		(11)		—		172		124
Operating income (loss)	$	(768)	$	(563)	$	(3,189)	$	680	$	8	$	(1,913)	$	(5,745)

The table below presents the unallocated amounts:


For the year ended	2025		2024		2023

Unallocated
Cost of goods sold:
Stock-based compensation	$	409	$	312	$	201
Provision to write down inventories to net realizable value	—		—		1,831
Lower costs from sale of inventory written down in prior periods	—		(987)		(844)
Other	4		18		19
	413		(657)		1,207
Research and development:
Stock-based compensation	347		296		226
Other	1		(14)		—
	348		282		226
Selling, general, and administrative:
Stock-based compensation	219		213		137

Restructure and asset impairment:	39		1		171

Other operating (income) expense, net:
Patent license charges	57		—		—
Goodwill impairment	—		—		101
Litigation settlement	—		—		68
Patent cross-license agreement gain	—		(200)		—
Other	—		5		3
	57		(195)		172

Total unallocated amounts	$	1,076	$	(356)	$	1,913

Depreciation and amortization expense included in operating income (loss) was as follows:


For the year ended	2025		2024		2023

CMBU	$	2,260	$	1,112	$	909
CDBU	1,530		1,434		1,020
MCBU	3,177		3,762		4,319
AEBU	1,375		1,447		1,486
All Other	5		7		3
Unallocated	5		18		19
	$	8,352	$	7,780	$	7,756

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.

As a result of reorganizing our segments in the fourth quarter of 2025, we reallocated goodwill among our reporting units on a relative fair value basis. We performed a quantitative goodwill impairment assessment for each of our reporting units immediately before and after our business unit reorganization. We concluded based on both our pre- and post-reorganization impairment assessments that goodwill was not impaired. As of August 28, 2025, CMBU, CDBU, MCBU, and AEBU had goodwill of $654 million, $109 million, $284 million, and $103 million, respectively.

We performed a qualitative assessment for goodwill impairment in 2024 and did not identify any impairment indicators for our reporting units. Due to global and macroeconomic challenges, as well as lower expected demand resulting from customer actions to reduce elevated inventory levels, in 2023, we performed a quantitative assessment for goodwill impairment for each of our reporting units. We evaluated the fair value of our reporting units based on an income approach, using a discounted cash flow methodology. We recognized a $101 million charge in 2023, included in other operating income (loss) to impair all of the goodwill assigned to our former Storage Business Unit based on our best estimates of projected future cash flows at that time.

- 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

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+ Details

Inventories (Tables)

12 Months Ended

Aug. 28, 2025

Inventory Disclosure [Abstract]

Schedule of inventories


As of	August 28, 2025		August 29, 2024

Finished goods	$	1,094	$	1,308
Work in process	6,401		6,774
Raw materials and supplies	860		793
	$	8,355	$	8,875