0000723125-26-000006 | 10-Q | XBRL Viewer

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Debt - Activity (Details) - USD ($) $ in Millions						3 Months Ended	6 Months Ended
Debt - Activity (Details) - USD ($) $ in Millions	Feb. 23, 2026	Feb. 20, 2026	Jan. 23, 2026	Oct. 27, 2025	Oct. 24, 2025	Feb. 26, 2026	Feb. 26, 2026
Debt instrument
Decrease in principal							$ (4,191)
Decrease in carrying value							(4,193)
Decrease in cash							(4,371)
Loss on debt prepayments						$ 47	$ 177
2028 Notes \| Corporate bonds
Debt instrument
Decrease in principal					$ (542)
Decrease in carrying value					(541)
Decrease in cash					(562)
2029 B Notes \| Corporate bonds
Debt instrument
Decrease in principal					(1,159)
Decrease in carrying value					(1,168)
Decrease in cash					$ (1,276)
2029 Term Loan A \| Term loan
Debt instrument
Decrease in principal				$ (984)
Decrease in carrying value				(982)
Decrease in cash				$ (984)
2051 Notes \| Corporate bonds
Debt instrument
Decrease in principal			$ (10)
Decrease in carrying value			(10)
Decrease in cash			$ (7)
2029 A Notes \| Corporate bonds
Debt instrument
Decrease in principal		$ (700)
Decrease in carrying value		(698)
Decrease in cash		$ (726)
2030 Notes \| Corporate bonds
Debt instrument
Decrease in principal	$ (796)
Decrease in carrying value	(794)
Decrease in cash	$ (816)

Recently Adopted and Recently Issued Accounting Standards	6 Months Ended
	Feb. 26, 2026
Accounting Changes and Error Corrections [Abstract]
Recently Issued Accounting Standards	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 expanded 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 expanded 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 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. In December 2025, the FASB issued ASU 2025-10 (ASC Topic 832), Accounting for Government Grants Received by Business Entities. This ASU establishes the accounting and presentation for government grants received by a business entity. The ASU will be effective for the first quarter of 2030, with early adoption permitted. This ASU provides for adoption either on a modified prospective, modified retrospective, or retrospective basis. 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

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+ Details

Significant Accounting Policies	6 Months Ended
Significant Accounting Policies	Feb. 26, 2026
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies For a discussion of our significant accounting policies, see Part II, Item 8. Financial Statements and Supplementary Data, Notes to Consolidated Financial Statements, Note 1. Significant Accounting Policies of our Annual Report on Form 10-K for the year ended August 28, 2025. There have been no changes to our significant accounting policies since our Annual Report on Form 10-K for the year ended August 28, 2025. Basis of Presentation The accompanying consolidated financial statements include the accounts of Micron Technology, Inc. and our consolidated subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), consistent in all material respects with those applied in our Annual Report on Form 10-K for the year ended August 28, 2025. In the opinion of our management, the accompanying unaudited consolidated financial statements contain all necessary adjustments, consisting of a normal recurring nature, to fairly state the financial information set forth herein. Certain reclassifications have been made to prior-period amounts to conform to current-period presentation. Our fiscal year is the 52- or 53-week period ending on the Thursday closest to August 31. Fiscal year 2026 contains 53 weeks and fiscal year 2025 contains 52 weeks. Our fourth quarter of fiscal year 2026 contains 14 weeks. All period references are to our fiscal periods unless otherwise indicated. These interim financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended August 28, 2025.

Debt - Revolving Credit Facility (Details) - Revolving credit facility - 2030 Revolving Credit Facility	6 Months Ended
	Feb. 26, 2026 USD ($) Rate
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 requires us to maintain, on a consolidated basis, a net leverage ratio of total net indebtedness to adjusted EBITDA, as defined in the Revolving Credit Facility 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.
Minimum
Revolving credit facility
Debt instrument, basis spread on variable rate	0.875%
Maximum
Revolving credit facility
Debt instrument, basis spread on variable rate	1.50%
Debt instrument, covenant, ratio of net debt to adjusted EBITDA \| Rate	325.00%
Debt instrument, covenant, ratio of net debt to adjusted EBITDA, temporary increase after material acquisition \| Rate	375.00%

Property, Plant, and Equipment

6 Months Ended

Feb. 26, 2026

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment


As of	February 26, 2026		August 28, 2025

Land	$	420	$	420
Buildings	23,305		22,173
Equipment(1)	85,321		79,934
Construction in progress(2)	7,485		5,518
Software	1,764		1,651
	118,295		109,696
Accumulated depreciation	(66,887)		(63,106)
	$	51,408	$	46,590

(1)Includes costs related to equipment not placed into service of $3.93 billion as of February 26, 2026 and $4.05 billion as of August 28, 2025.

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

On November 19, 2025, we finalized an incentive arrangement for the enhancement and modernization of our Singapore manufacturing facilities, under which we will receive government support for qualified capital spending and labor costs. The incentive arrangement may be subject to reduction, recapture, or termination if certain conditions are not met. Terms and conditions are subject to the confidentiality provisions of the incentive arrangement.

On March 15, 2026, we completed the acquisition of a wafer fabrication facility in Tongluo, Miaoli County, Taiwan, from Powerchip Semiconductor Manufacturing Corporation for cash consideration to be paid in installments totaling $1.8 billion.

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Feb. 26, 2026 shares
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Terminated	false
April Arnzen [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On December 19, 2025, April Arnzen, our Executive Vice President and Chief People Officer, adopted a Rule 10b5-1 trading arrangement providing for the sale of an aggregate of up to 80,000 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 April 1, 2026, and subsequent sales under the trading arrangement may occur for the duration of the trading arrangement until December 31, 2026, or earlier if all transactions under the trading arrangement are completed.
Name	April Arnzen
Title	Executive Vice President and Chief People Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	December 19, 2025
Expiration Date	December 31, 2026
Arrangement Duration	274 days
Aggregate Available	80,000
Michael Ray [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On January 30, 2026, Michael Ray, our Senior Vice President, Chief Legal Officer and Corporate Secretary, adopted a Rule 10b5-1 trading arrangement providing for the sale of an aggregate of approximately 30,501 shares of our common stock consisting of (i) 7,601 shares of our common stock, and (ii) approximately 22,900 net shares he is expected to hold following vesting and applicable withholdings with respect to restricted stock awards he currently holds. 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 made under the trading arrangement is May 1, 2026, and subsequent sales under the trading arrangement may occur for the duration of the trading arrangement until April 9, 2027, or earlier if all transactions under the trading arrangement are completed.
Name	Michael Ray
Title	Senior Vice President, Chief Legal Officer and Corporate Secretary
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	January 30, 2026
Expiration Date	April 9, 2027
Arrangement Duration	343 days
Aggregate Available	30,501
November 8, 2025 Original Plan [Member] \| Sanjay Mehrotra [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On January 30, 2026, Sanjay Mehrotra, our Chairman of the Board, President, and Chief Executive Officer, as trustee of the Mehrotra Family Trust, terminated his Rule 10b5-1 trading arrangement, dated as of November 8, 2025 (the “original trading plan”), which provided for the sale of up to 200,000 shares of our common stock, none of which had been sold prior to the termination. On January 30, 2026, promptly after the termination of the original trading plan, Mr. Mehrotra, as trustee of the Mehrotra Family Trust, entered into a new Rule 10b5-1 trading arrangement (the “modified trading plan”) providing for the sale of up to 200,000 shares of our common stock. The modified trading plan is intended to satisfy the affirmative defense in Rule 10b5-1(c). The first date that sales of any shares are permitted to be made under the modified trading plan is May 1, 2026, and subsequent sales under the trading arrangement may occur for the duration of the trading arrangement until May 1, 2027, or earlier if all transactions under the trading arrangement are completed.
Name	Sanjay Mehrotra
Title	Chairman of the Board, President, and Chief Executive Officer
Adoption Date	November 8, 2025
Rule 10b5-1 Arrangement Terminated	true
Termination Date	January 30, 2026
Aggregate Available	200,000
January 30, 2026 Modified Plan [Member] \| Sanjay Mehrotra [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On January 30, 2026, Sanjay Mehrotra, our Chairman of the Board, President, and Chief Executive Officer, as trustee of the Mehrotra Family Trust, terminated his Rule 10b5-1 trading arrangement, dated as of November 8, 2025 (the “original trading plan”), which provided for the sale of up to 200,000 shares of our common stock, none of which had been sold prior to the termination. On January 30, 2026, promptly after the termination of the original trading plan, Mr. Mehrotra, as trustee of the Mehrotra Family Trust, entered into a new Rule 10b5-1 trading arrangement (the “modified trading plan”) providing for the sale of up to 200,000 shares of our common stock. The modified trading plan is intended to satisfy the affirmative defense in Rule 10b5-1(c). The first date that sales of any shares are permitted to be made under the modified trading plan is May 1, 2026, and subsequent sales under the trading arrangement may occur for the duration of the trading arrangement until May 1, 2027, or earlier if all transactions under the trading arrangement are completed.
Name	Sanjay Mehrotra
Title	Chairman of the Board, President, and Chief Executive Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	January 30, 2026
Expiration Date	May 1, 2027
Arrangement Duration	365 days
Aggregate Available	200,000

Inventories (Tables)

6 Months Ended

Feb. 26, 2026

Inventory Disclosure [Abstract]

Schedule of inventories


As of	February 26, 2026		August 28, 2025

Finished goods	$	812	$	1,094
Work in process	6,514		6,401
Raw materials and supplies	941		860
	$	8,267	$	8,355

Inventories (Details) - USD ($) $ in Millions	Feb. 26, 2026	Aug. 28, 2025
Inventory, net of reserves
Finished goods	$ 812	$ 1,094
Work in process	6,514	6,401
Raw materials and supplies	941	860
Inventories	$ 8,267	$ 8,355

Equity Compensation Plans (Tables)

6 Months Ended

Feb. 26, 2026

Share-Based Payment Arrangement [Abstract]

Schedule of restricted stock awards activity


Six Months Ended	February 26, 2026		February 27, 2025

Restricted stock award shares granted	6		10
Weighted-average grant-date fair value per share	$	211.33	$	100.65

Stock-based compensation expense


	Quarter Ended				Six Months Ended
	February 26, 2026		February 27, 2025		February 26, 2026		February 27, 2025

Stock-based compensation expense by caption
Cost of goods sold	$	121	$	89	$	228	$	179
Research and development	120		88		226		165
Selling, general, and administrative	56		56		123		106
	$	297	$	233	$	577	$	450

Stock-based compensation expense by type of award
Restricted stock awards	$	268	$	212	$	520	$	404
ESPP	29		21		57		46
	$	297	$	233	$	577	$	450

Variable Interest Entities (Details) - USD ($) $ in Millions	Feb. 26, 2026	Aug. 28, 2025
Variable interest entity
Finance leases, liability	$ 2,800	$ 3,044
Variable interest entity, not primary beneficiary
Variable interest entity
Finance leases, right-of-use asset	1,420	1,580
Finance leases, liability	$ 1,420	$ 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

Income Taxes (Tables)

6 Months Ended

Feb. 26, 2026

Income Tax Disclosure [Abstract]

Schedule of components of income tax (provision) benefit

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


	Quarter Ended						Six Months Ended
	February 26, 2026			February 27, 2025			February 26, 2026			February 27, 2025

Income before taxes	$	16,160		$	1,758		$	22,221		$	3,910
Income tax (provision) benefit	(2,371)			(177)			(3,200)			(460)
Effective tax rate	14.7		%	10.1		%	14.4		%	11.8		%

Revenue and Customer Contract Liabilities (Tables)

6 Months Ended

Feb. 26, 2026

Revenue from Contract with Customer [Abstract]

Schedule of revenue by technology


	Quarter Ended				Six Months Ended
	February 26, 2026		February 27, 2025		February 26, 2026		February 27, 2025

DRAM	$	18,768	$	6,123	$	29,580	$	12,523
NAND	4,997		1,855		7,740		4,096
Other (primarily NOR)	95		75		183		143
	$	23,860	$	8,053	$	37,503	$	16,762

Variable Interest Entities	6 Months Ended
Variable Interest Entities	Feb. 26, 2026
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. We had approximately $1.42 billion and $1.58 billion of financial lease liabilities and right-of-use assets under these arrangements as of February 26, 2026 and August 28, 2025, respectively.

Accounts Payable and Accrued Expenses (Tables)

6 Months Ended

Feb. 26, 2026

Payables and Accruals [Abstract]

Schedule of accounts payable and accrued expenses


As of	February 26, 2026		August 28, 2025

Accounts payable	$	3,387	$	3,132
Property, plant, and equipment	4,840		4,391
Salaries, wages, and benefits	1,089		1,116
Income and other taxes	1,399		628
Other	282		382
	$	10,997	$	9,649

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

Feb. 26, 2026

Aug. 28, 2025

Feb. 27, 2025

Aug. 29, 2024

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

Cash and cash equivalents

$ 13,908

$ 9,642

Short-term investments

681

665

Long-term marketable investments

^[1]

2,038

1,629

Total fair value

16,627

11,936

Restricted cash

^[2]

Cash, cash equivalents, and restricted cash

$ 13,934

9,646

$ 7,563

$ 7,052

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

$ 11,470

7,875

Short-term investments

Long-term marketable investments

Total fair value

11,470

7,875

Money market funds | Level 1

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

Cash and cash equivalents

^[3]

894

410

Short-term investments

^[3]

Long-term marketable investments

^[1],[3]

Total fair value

^[3]

894

410

Certificates of deposit | Level 2

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

Cash and cash equivalents

^[4]

1,394

1,292

Short-term investments

^[4]

Long-term marketable investments

^[1],[4]

Total fair value

^[4]

1,400

1,298

Corporate bonds | Level 2

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

Cash and cash equivalents

^[4]

Short-term investments

^[4]

582

559

Long-term marketable investments

^[1],[4]

1,357

1,047

Total fair value

^[4]

2,013

1,629

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]

626

521

Total fair value

^[4]

652

552

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]

139

113

Commercial paper | 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]

$ 59

[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 February 26, 2026 or August 28, 2025.

Debt - Long-term Debt (Details) - USD ($) $ in Millions	Feb. 26, 2026	Aug. 28, 2025
Long-term debt by current and noncurrent
Finance lease effective rate (in ten thousandths)	4.73%
Current finance lease obligations	$ 585	$ 560
Long-term finance lease obligations	2,215	2,484
Total finance lease obligations	2,800	3,044
Long-term debt and lease obligation
Current debt (including finance lease obligation)	585	560
Long-term debt (including finance lease obligation)	9,557	14,017
Total net carrying amount of debt (including finance lease obligation)	$ 10,142	$ 14,577
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 \| 2031 Notes
Long-term debt by current and noncurrent
Stated rate (exact percentage)	5.30%
Effective rate (in ten thousandths)	5.41%
Current portion of long-term debt	$ 0	$ 0
Noncurrent long-term debt	995	995
Total long-term debt	$ 995	995
Corporate bonds \| 2032 Green Bonds
Long-term debt by current and noncurrent
Stated rate (exact percentage)	2.703%
Effective rate (in ten thousandths)	2.77%
Current portion of long-term debt	$ 0	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%
Current portion of long-term debt	$ 0	0
Noncurrent long-term debt	496	496
Total long-term debt	$ 496	496
Corporate bonds \| 2033 A Notes
Long-term debt by current and noncurrent
Stated rate (exact percentage)	5.875%
Effective rate (in ten thousandths)	5.96%
Current portion of long-term debt	$ 0	0
Noncurrent long-term debt	746	746
Total long-term debt	$ 746	746
Corporate bonds \| 2033 B Notes
Long-term debt by current and noncurrent
Stated rate (exact percentage)	5.875%
Effective rate (in ten thousandths)	6.01%
Current portion of long-term debt	$ 0	0
Noncurrent long-term debt	892	892
Total long-term debt	$ 892	892
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%
Current portion of long-term debt	$ 0	0
Noncurrent long-term debt	993	992
Total long-term debt	$ 993	992
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%
Current portion of long-term debt	$ 0	0
Noncurrent long-term debt	1,241	1,241
Total long-term debt	$ 1,241	1,241
Corporate bonds \| 2041 Notes
Long-term debt by current and noncurrent
Stated rate (exact percentage)	3.366%
Effective rate (in ten thousandths)	3.41%
Current portion of long-term debt	$ 0	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%
Current portion of long-term debt	$ 0	0
Noncurrent long-term debt	486	496
Total long-term debt	486	496
Corporate bonds \| 2028 Notes
Long-term debt by current and noncurrent
Current portion of long-term debt	0	0
Noncurrent long-term debt	0	540
Total long-term debt	0	540
Corporate bonds \| 2029 A Notes
Long-term debt by current and noncurrent
Current portion of long-term debt	0	0
Noncurrent long-term debt	0	698
Total long-term debt	0	698
Corporate bonds \| 2029 B Notes
Long-term debt by current and noncurrent
Current portion of long-term debt	0	0
Noncurrent long-term debt	0	1,168
Total long-term debt	0	1,168
Corporate bonds \| 2030 Notes
Long-term debt by current and noncurrent
Current portion of long-term debt	0	0
Noncurrent long-term debt	0	794
Total long-term debt	0	794
Term loan \| 2029 Term Loan A
Long-term debt by current and noncurrent
Current portion of long-term debt	0	0
Noncurrent long-term debt	0	982
Total long-term debt	$ 0	$ 982

Receivables (Tables)

6 Months Ended

Feb. 26, 2026

Receivables [Abstract]

Schedule of receivables


As of	February 26, 2026		August 28, 2025

Trade receivables	$	15,389	$	7,163
Government incentives	1,359		1,572
Income and other taxes	470		436
Other	96		94
	$	17,314	$	9,265

Segment and Other Information

6 Months Ended

Feb. 26, 2026

Segment Reporting [Abstract]

Segment and Other Information

Segment information reported herein is consistent with 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. 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.

We have the following four business units, which are based on market segments and 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. Substantially all of the unallocated amounts are related to stock-based compensation. We do not identify or report internally our assets (other than goodwill) or capital expenditures by segment, nor do we allocate gains and losses from equity method investments, interest, other non-operating income or expense items, or taxes to segments.


Quarter Ended February 26, 2026	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	7,749	$	5,687	$	7,711	$	2,708	$	5	$	—	$	23,860
Cost of goods sold	2,002		1,461		1,657		859		5		121		6,105
Gross margin	5,747		4,226		6,054		1,849		—		(121)		17,755

Research and development	536		358		126		109		—		121		1,250
Selling, general, and administrative	83		57		90		58		—		56		344
Other operating (income) expense, net	1		2		2		—		(1)		22		26
Operating income	$	5,127	$	3,809	$	5,836	$	1,682	$	1	$	(320)	$	16,135


Quarter Ended February 27, 2025	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	2,947	$	1,830	$	2,236	$	1,034	$	6	$	—	$	8,053
Cost of goods sold	1,317		967		1,894		820		2		90		5,090
Gross margin	1,630		863		342		214		4		(90)		2,963

Research and development	262		203		236		108		1		88		898
Selling, general, and administrative	48		48		89		45		(1)		56		285
Other operating (income) expense, net	—		1		1		—		5		—		7
Operating income	$	1,320	$	611	$	16	$	61	$	(1)	$	(234)	$	1,773


Six Months Ended February 26, 2026	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	13,033	$	8,066	$	11,966	$	4,428	$	10	$	—	$	37,503
Cost of goods sold	3,819		2,618		3,627		1,801		9		228		12,102
Gross margin	9,214		5,448		8,339		2,627		1		(228)		25,401

Research and development	1,036		649		302		206		—		228		2,421
Selling, general, and administrative	166		98		182		112		—		123		681
Other operating (income) expense, net	1		2		2		—		(1)		24		28
Operating income	$	8,011	$	4,699	$	7,853	$	2,309	$	2	$	(603)	$	22,271


Six Months Ended February 27, 2025	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	5,595	$	4,122	$	4,844	$	2,192	$	9	$	—	$	16,762
Cost of goods sold	2,610		2,116		3,793		1,742		7		183		10,451
Gross margin	2,985		2,006		1,051		450		2		(183)		6,311

Research and development	514		421		470		216		—		165		1,786
Selling, general, and administrative	85		102		185		95		—		106		573
Other operating (income) expense, net	—		1		1		—		3		—		5
Operating income	$	2,386	$	1,482	$	395	$	139	$	(1)	$	(454)	$	3,947

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


	Quarter Ended				Six Months Ended
	February 26, 2026		February 27, 2025		February 26, 2026		February 27, 2025

CMBU	$	786	$	541	$	1,511	$	1,052
CDBU	552		410		984		832
MCBU	618		776		1,327		1,484
AEBU	327		350		671		734
All Other	2		2		3		3
Unallocated	1		—		2		4
	$	2,286	$	2,079	$	4,498	$	4,109

Revenue from one customer was 13% and 15% (primarily included in the CMBU segment) of total revenue for the first six months of 2026 and 2025, respectively.

As of February 26, 2026 and August 28, 2025, CMBU, CDBU, MCBU, and AEBU had goodwill of $654 million, $109 million, $284 million, and $103 million, respectively.

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-21

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-Topic 280
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-Name Accounting Standards Codification
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-URI https://asc.fasb.org/1943274/2147482810/280-10-50-21

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+ Details

Segment and Other Information (Tables)

6 Months Ended

Feb. 26, 2026

Segment Reporting [Abstract]

Schedule of results by segment


Quarter Ended February 26, 2026	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	7,749	$	5,687	$	7,711	$	2,708	$	5	$	—	$	23,860
Cost of goods sold	2,002		1,461		1,657		859		5		121		6,105
Gross margin	5,747		4,226		6,054		1,849		—		(121)		17,755

Research and development	536		358		126		109		—		121		1,250
Selling, general, and administrative	83		57		90		58		—		56		344
Other operating (income) expense, net	1		2		2		—		(1)		22		26
Operating income	$	5,127	$	3,809	$	5,836	$	1,682	$	1	$	(320)	$	16,135


Quarter Ended February 27, 2025	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	2,947	$	1,830	$	2,236	$	1,034	$	6	$	—	$	8,053
Cost of goods sold	1,317		967		1,894		820		2		90		5,090
Gross margin	1,630		863		342		214		4		(90)		2,963

Research and development	262		203		236		108		1		88		898
Selling, general, and administrative	48		48		89		45		(1)		56		285
Other operating (income) expense, net	—		1		1		—		5		—		7
Operating income	$	1,320	$	611	$	16	$	61	$	(1)	$	(234)	$	1,773


Six Months Ended February 26, 2026	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	13,033	$	8,066	$	11,966	$	4,428	$	10	$	—	$	37,503
Cost of goods sold	3,819		2,618		3,627		1,801		9		228		12,102
Gross margin	9,214		5,448		8,339		2,627		1		(228)		25,401

Research and development	1,036		649		302		206		—		228		2,421
Selling, general, and administrative	166		98		182		112		—		123		681
Other operating (income) expense, net	1		2		2		—		(1)		24		28
Operating income	$	8,011	$	4,699	$	7,853	$	2,309	$	2	$	(603)	$	22,271


Six Months Ended February 27, 2025	CMBU		CDBU		MCBU		AEBU		All Other		Unallocated		Total

Revenue	$	5,595	$	4,122	$	4,844	$	2,192	$	9	$	—	$	16,762
Cost of goods sold	2,610		2,116		3,793		1,742		7		183		10,451
Gross margin	2,985		2,006		1,051		450		2		(183)		6,311

Research and development	514		421		470		216		—		165		1,786
Selling, general, and administrative	85		102		185		95		—		106		573
Other operating (income) expense, net	—		1		1		—		3		—		5
Operating income	$	2,386	$	1,482	$	395	$	139	$	(1)	$	(454)	$	3,947

Schedule of depreciation and amortization expense by segment

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


	Quarter Ended				Six Months Ended
	February 26, 2026		February 27, 2025		February 26, 2026		February 27, 2025

CMBU	$	786	$	541	$	1,511	$	1,052
CDBU	552		410		984		832
MCBU	618		776		1,327		1,484
AEBU	327		350		671		734
All Other	2		2		3		3
Unallocated	1		—		2		4
	$	2,286	$	2,079	$	4,498	$	4,109

Equity - Common Stock Repurchases and Dividends (Details) - USD ($) $ / shares in Units, shares in Millions		3 Months Ended			6 Months Ended		94 Months Ended
	Mar. 18, 2026	Feb. 26, 2026	Nov. 27, 2025	Feb. 27, 2025	Feb. 26, 2026	Feb. 27, 2025	Feb. 26, 2026
Common stock repurchases
Payments for repurchase of common stock					$ 650,000,000	$ 0
Dividends
Payments of dividends to shareholders (per share)		$ 0.115	$ 0.115
Cash dividends declared (per share)		$ 0.115		$ 0.115	$ 0.23	$ 0.23
R2026Q3 Dividends \| Subsequent event
Dividends
Cash dividends declared (per share)	$ 0.15
Dividends payable, date to be paid	Apr. 15, 2026
Dividends payable, date of record	Mar. 30, 2026
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)		1.2			2.5
Payments for repurchase of common stock		$ 350,000,000			$ 650,000,000		$ 7,840,000,000

Contingencies	6 Months Ended
Contingencies	Feb. 26, 2026
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 (Deutschland) GmbH (“MSG”) 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 March 6, 2026, the E.D. Tex. transferred the case to the United States District Court for the District of Delaware (“D. Del.”) pursuant to a motion by Micron to dismiss or transfer for improper venue. 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 October 17, 2025, Besang filed a notice that it will appeal the District Court’s judgment. 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 6, 2025, YMTC filed several patent infringement complaints against Micron and certain of its subsidiaries alleging that the Company’s manufacture, importation, sale, offering for sale, and/or assisting others to sell certain NAND and DRAM products infringe certain patents owned by YMTC. Specifically, YMTC filed the following complaints: A patent infringement complaint against Micron, MSP, and MTEC in E.D. Tex. alleging that seven patents are infringed by certain of our 3D NAND products and one patent is infringed by certain of our LPDRAM products; a patent infringement complaint in the London Chancery Division of the English High Court against Micron and Micron Europe Limited (“MEL”) alleging that three patents are infringed by certain of our NAND and DRAM products; three complaints against Micron and various combinations of subsidiaries, including MEL, MSP, MSG, and Micron Semiconductor France SAS in the Unified Patent Court in Dusseldorf, Germany, alleging that three patents are infringed by certain of our 3D NAND and LPDRAM products; and five complaints against Micron, MEL, and MSG in Munich Regional Court in Munich, Germany, alleging that five patents are infringed by certain of our 3D NAND products. Each of the complaints filed against us by YMTC on October 6, 2025, seeks an injunction, attorneys’ fees, damages, and costs. On October 16, 2024, Palisade Technologies, LLP (“Palisade”) filed a patent infringement complaint 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 January 26, 2026, the complaint was dismissed by the court pursuant to a joint request by Palisade and Micron. On June 30, 2025, Advanced Memory Technologies, LLC (“AMT”) filed a patent infringement complaint against Micron in W.D. Tex. alleging that four U.S. patents are infringed by certain of our DRAM and NAND products. On November 4, 2025, AMT amended the complaint to allege that a fifth patent is infringed by certain of our DRAM products. The complaint seeks an injunction, damages, attorneys’ fees, and costs. On March 6, 2026, Nextech Semiconductor, LLC (“Nextech”) filed a patent infringement complaint against Micron and MSP in W.D. Tex. alleging that six U.S. patents are infringed by certain of our DRAM, NAND, and SSD products. The complaint seeks an injunction, damages, attorneys’ fees and costs. The above lawsuits pertain to substantially all of our DRAM, NAND, and other memory and storage products we manufacture, which account for substantially all of our revenue. Securities Class Action Matters On January 9, 2025, a putative class action complaint was filed against Micron and certain individual officers in the U.S. District Court for the Southern District of Florida for alleged violations of the Securities Exchange Act of 1934. 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. The amended complaint seeks unspecified compensatory damages, attorneys’ fees and costs. On February 3, 2026, the court dismissed the amended complaint but granted plaintiffs leave to file a further amended complaint. 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 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. The complaints seek various unspecified damages allegedly suffered by Micron, restitution, attorneys’ fees and costs and other relief. On April 28, 2025, the complaints were consolidated and on May 14, 2025, the action was stayed until the earlier of 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 D. Del. The complaint is substantially similar to the derivative suits pending in D. Idaho. The action is stayed until the earlier of 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. 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. On January 16, 2026, Neighbors for a Better Micron and Jobs to Move America filed a petition in the Supreme Court of New York against Micron, one of our subsidiaries, Onondaga County Industrial Development Agency (“OCIDA”), and certain other state and local government entities. The petition challenges certain aspects of OCIDA’s environmental review of the Company’s planned construction of up to four fabs in Clay, New York, and seeks a judgment to annul, vacate, and void all permits, approvals, and findings issued by the named government entities related to the project. The petition further seeks costs and attorneys’ fees. 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
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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
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-Name Accounting Standards Codification
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-URI https://asc.fasb.org/450-20/tableOfContent

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 450
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/450-30/tableOfContent

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

+ Details

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

Mar. 15, 2026

Feb. 26, 2026

Aug. 28, 2025

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

Property, plant, and equipment, gross

$ 118,295

$ 109,696

Accumulated depreciation

(66,887)

(63,106)

Property, plant, and equipment, net

51,408

46,590

Land

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

Property, plant, and equipment, gross

420

Buildings

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

Property, plant, and equipment, gross

23,305

22,173

Equipment (including not placed into service)

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

Property, plant, and equipment, gross

^[1]

85,321

79,934

Equipment not placed into service

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

Property, plant, and equipment, gross

3,930

4,050

Construction in progress

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

Property, plant, and equipment, gross

^[2]

7,485

5,518

Software

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

Property, plant, and equipment, gross

$ 1,764

$ 1,651

Manufacturing Facility | Subsequent event

Tongluo, Miaolo County, Taiwan manufacturing facility acquisition

PPE addition of Tongluo, Taiwan facility

$ 1,800

[1]	Includes costs related to equipment not placed into service of $3.93 billion as of February 26, 2026 and $4.05 billion as of August 28, 2025.
[2]	Primarily includes building-related construction and tool installation.

Segment and Other Information - Customer Concentration (Details)	6 Months Ended
	Feb. 26, 2026	Feb. 27, 2025
Undisclosed Customer 1 \| Revenue from contract with customer \| Customer concentration risk
Segment reporting information
Concentration risk, percentage	13.00%	15.00%

- 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

Equity Compensation Plans - Stock-based Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 26, 2026	Feb. 27, 2025	Feb. 26, 2026	Feb. 27, 2025	Aug. 28, 2025
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	$ 297	$ 233	$ 577	$ 450
Equity plans, additional disclosures
Total unrecognized compensation costs related to non-vested awards expected to be recognized	2,310		$ 2,310
Weighted-average period that unrecognized compensation costs is expected to be recognized (in years)			1 year 3 months 18 days
Restricted stock awards
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	268	212	$ 520	404
ESPP
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	29	21	57	46
Equity plans
Equity plans, additional disclosures
Expense capitalized and remained in inventory	118		118		$ 96
Cost of goods sold
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	121	89	228	179
Research and development
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	120	88	226	165
Selling, general, and administrative
Share-based payment arrangement, expensed and capitalized, amount
Stock-based compensation expense	$ 56	$ 56	$ 123	$ 106

Segment and Other Information - Results by Segment (Details) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 26, 2026 USD ($)	Feb. 27, 2025 USD ($)	Feb. 26, 2026 USD ($) segment	Feb. 27, 2025 USD ($)
Segment Reporting [Abstract]
Number of reportable segments \| segment			4
Segment reporting information
Revenue	$ 23,860	$ 8,053	$ 37,503	$ 16,762
Cost of goods sold	6,105	5,090	12,102	10,451
Gross margin	17,755	2,963	25,401	6,311
Research and development	1,250	898	2,421	1,786
Selling, general, and administrative	344	285	681	573
Other operating (income) expense, net	26	7	28	5
Operating income	16,135	1,773	22,271	3,947
Operating segments \| CMBU
Segment reporting information
Revenue	7,749	2,947	13,033	5,595
Cost of goods sold	2,002	1,317	3,819	2,610
Gross margin	5,747	1,630	9,214	2,985
Research and development	536	262	1,036	514
Selling, general, and administrative	83	48	166	85
Other operating (income) expense, net	1	0	1	0
Operating income	5,127	1,320	8,011	2,386
Operating segments \| CDBU
Segment reporting information
Revenue	5,687	1,830	8,066	4,122
Cost of goods sold	1,461	967	2,618	2,116
Gross margin	4,226	863	5,448	2,006
Research and development	358	203	649	421
Selling, general, and administrative	57	48	98	102
Other operating (income) expense, net	2	1	2	1
Operating income	3,809	611	4,699	1,482
Operating segments \| MCBU
Segment reporting information
Revenue	7,711	2,236	11,966	4,844
Cost of goods sold	1,657	1,894	3,627	3,793
Gross margin	6,054	342	8,339	1,051
Research and development	126	236	302	470
Selling, general, and administrative	90	89	182	185
Other operating (income) expense, net	2	1	2	1
Operating income	5,836	16	7,853	395
Operating segments \| AEBU
Segment reporting information
Revenue	2,708	1,034	4,428	2,192
Cost of goods sold	859	820	1,801	1,742
Gross margin	1,849	214	2,627	450
Research and development	109	108	206	216
Selling, general, and administrative	58	45	112	95
Other operating (income) expense, net	0	0	0	0
Operating income	1,682	61	2,309	139
Operating segments \| All other
Segment reporting information
Revenue	5	6	10	9
Cost of goods sold	5	2	9	7
Gross margin	0	4	1	2
Research and development	0	1	0	0
Selling, general, and administrative	0	(1)	0	0
Other operating (income) expense, net	(1)	5	(1)	3
Operating income	1	(1)	2	(1)
Unallocated
Segment reporting information
Revenue	0	0	0	0
Cost of goods sold	121	90	228	183
Gross margin	(121)	(90)	(228)	(183)
Research and development	121	88	228	165
Selling, general, and administrative	56	56	123	106
Other operating (income) expense, net	22	0	24	0
Operating income	$ (320)	$ (234)	$ (603)	$ (454)

Derivative Instruments - Other Details (Details) - USD ($) $ in Millions	6 Months Ended
	Feb. 26, 2026	Aug. 28, 2025
Designated hedging instruments \| Cash flow hedges
Derivative instruments with and without hedge accounting designation
General maturity of derivative instruments (in years)	2 years
Designated hedging instruments \| Fair value hedges \| Currency hedges
Derivative instruments with and without hedge accounting designation
General maturity of derivative instruments (in years)	1 year
Fair value hedges
Fair value of hedged cash and investments	$ 4,610	$ 3,050
Not designated hedging instruments \| Currency hedges
Derivative instruments with and without hedge accounting designation
General maturity of derivative instruments (in years)	1 year

- 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 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4C
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C

Reference 2: 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 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4D
-Subparagraph (a)(5)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4D

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
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-Section 50
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-Subparagraph (a)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4D

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
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-Subparagraph (a)(3)
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-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4D

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4D

Reference 9: 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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+ Details

Debt

6 Months Ended

Feb. 26, 2026

Debt Disclosure [Abstract]

Debt


	As of February 26, 2026										As of August 28, 2025
					Net Carrying Amount						Net Carrying Amount
	Stated Rate		Effective Rate		Current		Long-Term		Total		Current		Long-Term		Total

2031 Notes	5.300	%	5.41	%	$	—	$	995	$	995	$	—	$	995	$	995
2032 Green Bonds	2.703	%	2.77	%	—		996		996		—		996		996
2032 Notes	5.650	%	5.79	%	—		496		496		—		496		496
2033 A Notes	5.875	%	5.96	%	—		746		746		—		746		746
2033 B Notes	5.875	%	6.01	%	—		892		892		—		892		892
2035 A Notes	5.800	%	5.90	%	—		993		993		—		992		992
2035 B Notes	6.050	%	6.14	%	—		1,241		1,241		—		1,241		1,241
2041 Notes	3.366	%	3.41	%	—		497		497		—		497		497
2051 Notes	3.477	%	3.52	%	—		486		486		—		496		496
2028 Notes	N/A		N/A		—		—		—		—		540		540
2029 Term Loan A	N/A		N/A		—		—		—		—		982		982
2029 A Notes	N/A		N/A		—		—		—		—		698		698
2029 B Notes	N/A		N/A		—		—		—		—		1,168		1,168
2030 Notes	N/A		N/A		—		—		—		—		794		794
Finance lease obligations	N/A		4.73	%	585		2,215		2,800		560		2,484		3,044
					$	585	$	9,557	$	10,142	$	560	$	14,017	$	14,577

As of February 26, 2026, the fair value of our outstanding debt instruments approximated the carrying value of our debt. The fair value of our debt instruments was 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.

Debt Activity

The table below presents the effects of debt prepayment activity in the first six months of 2026:


	Transaction Date	Decrease in Principal		Decrease in Carrying Value		Decrease in Cash

Prepayments
2028 Notes	October 24, 2025	$	(542)	$	(541)	$	(562)
2029 B Notes	October 24, 2025	(1,159)		(1,168)		(1,276)
2029 Term Loan A	October 27, 2025	(984)		(982)		(984)
2051 Notes	January 23, 2026	(10)		(10)		(7)
2029 A Notes	February 20, 2026	(700)		(698)		(726)
2030 Notes	February 23, 2026	(796)		(794)		(816)
		$	(4,191)	$	(4,193)	$	(4,371)

In connection with these prepayments, we recognized losses in other non-operating income (expense) of $47 million and $177 million for the second quarter and first six months of 2026, respectively.

Revolving Credit Facility

As of February 26, 2026, 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 requires us to maintain, on a consolidated basis, a net leverage ratio of total net indebtedness to adjusted EBITDA, as defined in the Revolving Credit Facility 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.

- 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.

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+ Details

Cover Page - shares	6 Months Ended
Cover Page - shares	Feb. 26, 2026	Mar. 11, 2026
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Feb. 26, 2026
Document Transition Report	false
Entity File Number	1-10658
Entity Registrant Name	Micron Technology, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	75-1618004
Entity Address, Address Line One	8000 S. Federal Way
Entity Address, City or Town	Boise
Entity Address, State or Province	ID
Entity Address, Postal Zip Code	83716
City Area Code	208
Local Phone Number	368-4000
Title of 12(b) Security	Common Stock, par value $0.10 per share
Trading Symbol	MU
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,127,734,051
Entity Central Index Key	0000723125
Current Fiscal Year End Date	--09-03
Document Fiscal Year Focus	2026
Document Fiscal Period Focus	Q2
Amendment Flag	false

Contingencies (Details) $ in Millions	6 Months Ended
Contingencies (Details) $ in Millions	Feb. 26, 2026 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 \| Litigation under appeal
Loss contingencies
Number of patents allegedly infringed	1
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
Yangtze Memory Technologies Company, Ltd. Complaint 11a \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed	7
Yangtze Memory Technologies Company, Ltd. Complaint 11b \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed	1
Yangtze Memory Technologies Company, Ltd. Complaint 12 \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed	3
Yangtze Memory Technologies Company, Ltd. Complaint 13_14_15 \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed	3
Yangtze Memory Technologies Company, Ltd. Complaint 16_17_18_19_20 \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed	5
Palisade Technologies, LLP vs Micron \| Patent matters \| Dismissed 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
Advanced Memory Technologies LLC Complaint amendment \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed	1
Nextech Semiconductor LLC vs Micron \| Patent matters \| Pending litigation
Loss contingencies
Number of patents allegedly infringed	6

Derivative Instruments

6 Months Ended

Feb. 26, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments


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

As of February 26, 2026
Derivative instruments with hedge accounting designation
Cash flow currency hedges	$	4,106	$	34	$	(112)
Cash flow commodity hedges	371		31		(5)
Fair value currency hedges	4,598		5		(5)

Derivative instruments without hedge accounting designation
Non-designated currency hedges	6,942		39		(9)
			$	109	$	(131)

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)

(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 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.

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 $4.61 billion and $3.05 billion as of February 26, 2026 and August 28, 2025, respectively. 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.

Derivative Instruments without Hedge Accounting Designation

Currency Derivatives: We generally utilize a rolling hedge strategy with currency forward contracts that mature within one year 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.

Gains and losses from our derivative instruments were not material for the periods presented.

- 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.

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+ Details

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

Feb. 26, 2026

Aug. 28, 2025

Fair value of derivative assets and liabilities

Fair value of assets (Level 2)

^[1],[2]

$ 109

$ 64

Fair value of liabilities (Level 2)

^[2],[3]

(131)

(112)

Designated hedging instruments | Cash flow hedges | Currency hedges

Notional disclosures

Notional or contractual amount

4,106

3,271

Fair value of derivative assets and liabilities

Fair value of assets (Level 2)

^[1],[2]

Fair value of liabilities (Level 2)

^[2],[3]

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Designated hedging instruments | Cash flow hedges | Commodity hedges

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Notional or contractual amount

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393

Fair value of derivative assets and liabilities

Fair value of assets (Level 2)

^[1],[2]

Fair value of liabilities (Level 2)

^[2],[3]

(5)

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Designated hedging instruments | Fair value hedges | Currency hedges

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Notional or contractual amount

4,598

3,049

Fair value of derivative assets and liabilities

Fair value of assets (Level 2)

^[1],[2]

Fair value of liabilities (Level 2)

^[2],[3]

(5)

(10)

Not designated hedging instruments | Currency hedges

Notional disclosures

Notional or contractual amount

6,942

3,477

Fair value of derivative assets and liabilities

Fair value of assets (Level 2)

^[1],[2]

Fair value of liabilities (Level 2)

^[2],[3]

$ (9)

$ (18)

[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.

Earnings Per Share

6 Months Ended

Feb. 26, 2026

Earnings Per Share [Abstract]

Earnings Per Share


	Quarter Ended				Six Months Ended
	February 26, 2026		February 27, 2025		February 26, 2026		February 27, 2025

Net income – Basic and Diluted	$	13,785	$	1,583	$	19,025	$	3,453

Weighted-average common shares outstanding – Basic	1,126		1,115		1,125		1,113
Dilutive effect of equity compensation plans	16		8		15		10
Weighted-average common shares outstanding – Diluted	1,142		1,123		1,140		1,123

Earnings per share
Basic	$	12.25	$	1.42	$	16.91	$	3.10
Diluted	12.07		1.41		16.68		3.08

Antidilutive potential common shares excluded from the computation of diluted earnings per share, that could dilute basic earnings per share in the future, were not material for the second quarter or first six months of 2026 and were 9 million shares and 6 million shares for the second quarter and first six months of 2025, respectively.

Receivables (Details) - USD ($) $ in Millions	Feb. 26, 2026	Aug. 28, 2025
Receivables [Abstract]
Trade receivables	$ 15,389	$ 7,163
Government incentives	1,359	1,572
Income and other taxes	470	436
Other	96	94
Receivables	$ 17,314	$ 9,265

Accounts Payable and Accrued Expenses (Details) - USD ($) $ in Millions	Feb. 26, 2026	Aug. 28, 2025
Accounts payable and accrued liabilities, current
Accounts payable	$ 3,387	$ 3,132
Property, plant, and equipment	4,840	4,391
Salaries, wages, and benefits	1,089	1,116
Income and other taxes	1,399	628
Other	282	382
Total accounts payable and accrued expenses	$ 10,997	$ 9,649

Equity Compensation Plans

6 Months Ended

Feb. 26, 2026

Share-Based Payment Arrangement [Abstract]

Equity Compensation Plans

As of February 26, 2026, 48 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”)


Six Months Ended	February 26, 2026		February 27, 2025

Restricted stock award shares granted	6		10
Weighted-average grant-date fair value per share	$	211.33	$	100.65

Employee Stock Purchase Plan (“ESPP”)

Employees purchased 2 million shares in each six-month ESPP offering period that ended in the second quarter of 2026 and 2025 at a share price of $92.77 and $78.63, respectively.

Stock-based Compensation Expense

Stock-based compensation expense recognized in our statements of operations is presented below. Stock-based compensation expense of $118 million and $96 million was capitalized and remained in inventory as of February 26, 2026 and August 28, 2025, respectively.


	Quarter Ended				Six Months Ended
	February 26, 2026		February 27, 2025		February 26, 2026		February 27, 2025

Stock-based compensation expense by caption
Cost of goods sold	$	121	$	89	$	228	$	179
Research and development	120		88		226		165
Selling, general, and administrative	56		56		123		106
	$	297	$	233	$	577	$	450

Stock-based compensation expense by type of award
Restricted stock awards	$	268	$	212	$	520	$	404
ESPP	29		21		57		46
	$	297	$	233	$	577	$	450

As of February 26, 2026, $2.31 billion of total unrecognized compensation costs for unvested awards, before the effect of any future forfeitures, was expected to be recognized through the second quarter of 2030, resulting in a weighted-average period of 1.3 years.

Property, Plant, and Equipment (Tables)

6 Months Ended

Feb. 26, 2026

Property, Plant and Equipment [Abstract]

Schedule of property, plant, and equipment


As of	February 26, 2026		August 28, 2025

Land	$	420	$	420
Buildings	23,305		22,173
Equipment(1)	85,321		79,934
Construction in progress(2)	7,485		5,518
Software	1,764		1,651
	118,295		109,696
Accumulated depreciation	(66,887)		(63,106)
	$	51,408	$	46,590

(1)Includes costs related to equipment not placed into service of $3.93 billion as of February 26, 2026 and $4.05 billion as of August 28, 2025.

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

Receivables

6 Months Ended

Feb. 26, 2026

Receivables [Abstract]

Receivables


As of	February 26, 2026		August 28, 2025

Trade receivables	$	15,389	$	7,163
Government incentives	1,359		1,572
Income and other taxes	470		436
Other	96		94
	$	17,314	$	9,265

Equity Compensation Plans - Share Based Information and Restricted Stock Awards (Details) - $ / shares shares in Millions	6 Months Ended
	Feb. 26, 2026	Feb. 27, 2025
Share-based compensation arrangement by share-based payment award
Number of shares available for future awards (in shares)	48
ESPP
Share-based compensation arrangement by share-based payment award
Number of shares available for future awards (in shares)	7
Employee Stock Purchase Plan ("ESPP")
ESPP offering period	6 months	6 months
ESPP, number of shares purchased by employees	2	2
ESPP, purchase price per share paid by employees	$ 92.77	$ 78.63
Restricted stock awards
Restricted Stock and Restricted Stock Units ("Restricted Stock Awards")
Restricted stock award shares granted	6	10
Weighted-average grant-date fair value per share	$ 211.33	$ 100.65

Revenue and Customer Contract Liabilities (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 26, 2026	Feb. 27, 2025	Feb. 26, 2026	Feb. 27, 2025	Aug. 28, 2025
Disaggregation of revenue
Revenue	$ 23,860	$ 8,053	$ 37,503	$ 16,762
Contract with customer, right of return
Estimated consideration payable to customers for pricing adjustments and returns	2,550		2,550		$ 1,190
DRAM
Disaggregation of revenue
Revenue	18,768	6,123	29,580	12,523
NAND
Disaggregation of revenue
Revenue	4,997	1,855	7,740	4,096
Other (primarily NOR)
Disaggregation of revenue
Revenue	$ 95	$ 75	$ 183	$ 143

- 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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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 (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Feb. 26, 2026	Feb. 27, 2025	Feb. 26, 2026	Feb. 27, 2025	Aug. 28, 2025
Income Tax Disclosure [Abstract]
Income before taxes	$ 16,160	$ 1,758	$ 22,221	$ 3,910
Income tax (provision) benefit	$ (2,371)	$ (177)	$ (3,200)	$ (460)
Effective tax rate	14.70%	10.10%	14.40%	11.80%
Noncurrent income taxes payable	$ 2,720		$ 2,720		$ 648

- Definition

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

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Reference 8: http://www.xbrl.org/2003/role/exampleRef
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+ Details

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Feb. 26, 2026	Feb. 27, 2025	Feb. 26, 2026	Feb. 27, 2025
Income Statement [Abstract]
Revenue	$ 23,860	$ 8,053	$ 37,503	$ 16,762
Cost of goods sold	6,105	5,090	12,102	10,451
Gross margin	17,755	2,963	25,401	6,311
Research and development	1,250	898	2,421	1,786
Selling, general, and administrative	344	285	681	573
Other operating (income) expense, net	26	7	28	5
Operating income	16,135	1,773	22,271	3,947
Interest income	155	108	294	215
Interest expense	(32)	(112)	(106)	(230)
Other non-operating income (expense), net	(98)	(11)	(238)	(22)
Income (loss) before income taxes and equity in net income (loss) of equity method investees	16,160	1,758	22,221	3,910
Income tax (provision) benefit	(2,371)	(177)	(3,200)	(460)
Equity in net income (loss) of equity method investees	(4)	2	4	3
Net income	$ 13,785	$ 1,583	$ 19,025	$ 3,453
Earnings per share
Basic (in dollars per share)	$ 12.25	$ 1.42	$ 16.91	$ 3.10
Diluted (in dollars per share)	$ 12.07	$ 1.41	$ 16.68	$ 3.08
Number of shares used in per share calculations
Basic (in shares)	1,126	1,115	1,125	1,113
Diluted (in shares)	1,142	1,123	1,140	1,123

Segment and Other Information - Depreciation and Amortization and Goodwill (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 26, 2026	Feb. 27, 2025	Feb. 26, 2026	Feb. 27, 2025	Aug. 28, 2025
Segment reporting information
Depreciation expense and amortization of intangible assets	$ 2,286	$ 2,079	$ 4,498	$ 4,109
Goodwill	1,150		1,150		$ 1,150
CMBU
Segment reporting information
Goodwill	654		654		654
CDBU
Segment reporting information
Goodwill	109		109		109
MCBU
Segment reporting information
Goodwill	284		284		284
AEBU
Segment reporting information
Goodwill	103		103		$ 103
Operating segments \| CMBU
Segment reporting information
Depreciation expense and amortization of intangible assets	786	541	1,511	1,052
Operating segments \| CDBU
Segment reporting information
Depreciation expense and amortization of intangible assets	552	410	984	832
Operating segments \| MCBU
Segment reporting information
Depreciation expense and amortization of intangible assets	618	776	1,327	1,484
Operating segments \| AEBU
Segment reporting information
Depreciation expense and amortization of intangible assets	327	350	671	734
Operating segments \| All other
Segment reporting information
Depreciation expense and amortization of intangible assets	2	2	3	3
Unallocated
Segment reporting information
Depreciation expense and amortization of intangible assets	$ 1	$ 0	$ 2	$ 4

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Feb. 26, 2026

Aug. 28, 2025

Assets

Cash and cash equivalents

$ 13,908

$ 9,642

Short-term investments

681

665

Receivables

17,314

9,265

Inventories

8,267

8,355

Other current assets

1,243

914

Total current assets

41,413

28,841

Long-term marketable investments

^[1]

2,038

1,629

Property, plant, and equipment

51,408

46,590

Operating lease right-of-use assets

684

736

Intangible assets

468

453

Deferred tax assets

680

616

Goodwill

1,150

Other noncurrent assets

3,668

2,783

Total assets

101,509

82,798

Liabilities and equity

Accounts payable and accrued expenses

10,997

9,649

Current debt

585

560

Other current liabilities

2,714

1,245

Total current liabilities

14,296

11,454

Long-term debt

9,557

14,017

Noncurrent operating lease liabilities

656

701

Noncurrent unearned government incentives

1,002

1,018

Other noncurrent liabilities

3,539

1,443

Total liabilities

29,050

28,633

Commitments and contingencies

Shareholders’ equity

Common stock, $0.10 par value, 3,000 shares authorized, 1,274 shares issued and 1,128 outstanding (1,266 shares issued and 1,122 outstanding as of August 28, 2025)

127

Additional capital

14,092

13,339

Retained earnings

66,824

48,583

Treasury stock, 146 shares held (144 shares as of August 28, 2025)

(8,502)

(7,852)

Accumulated other comprehensive income (loss)

(82)

(32)

Total equity

72,459

54,165

Total liabilities and equity

$ 101,509

$ 82,798

[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.

Accounts Payable and Accrued Expenses

6 Months Ended

Feb. 26, 2026

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses


As of	February 26, 2026		August 28, 2025

Accounts payable	$	3,387	$	3,132
Property, plant, and equipment	4,840		4,391
Salaries, wages, and benefits	1,089		1,116
Income and other taxes	1,399		628
Other	282		382
	$	10,997	$	9,649

Inventories

6 Months Ended

Feb. 26, 2026

Inventory Disclosure [Abstract]

Inventories


As of	February 26, 2026		August 28, 2025

Finished goods	$	812	$	1,094
Work in process	6,514		6,401
Raw materials and supplies	941		860
	$	8,267	$	8,355

Income Taxes

6 Months Ended

Feb. 26, 2026

Income Tax Disclosure [Abstract]

Income Taxes

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


	Quarter Ended						Six Months Ended
	February 26, 2026			February 27, 2025			February 26, 2026			February 27, 2025

Income before taxes	$	16,160		$	1,758		$	22,221		$	3,910
Income tax (provision) benefit	(2,371)			(177)			(3,200)			(460)
Effective tax rate	14.7		%	10.1		%	14.4		%	11.8		%

The change in our effective tax rate for the second quarter and first six months of 2026, as compared to the corresponding periods of 2025, was primarily due to the 15% minimum tax Pillar Two Model Rules (“Pillar Two”). Singapore enacted legislation to implement Pillar Two, effective for us in 2026, which largely offsets the benefit from our Singapore tax incentive arrangements.

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 on our income tax provision.

Other noncurrent liabilities included $2.72 billion and $648 million related to income taxes payable as of February 26, 2026 and August 28, 2025, respectively.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 740
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477617/942-740-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 740
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478822/944-740-50-1

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

Reference 5: http://www.xbrl.org/2003/role/exampleRef
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-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12C
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-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12C

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12B
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477891/740-270-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
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-URI https://asc.fasb.org/1943274/2147480990/946-20-50-13

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
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-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
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-Publisher FASB
-URI https://asc.fasb.org/740/tableOfContent

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
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-Section 50
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-URI https://asc.fasb.org/1943274/2147482685/740-10-50-14

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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-Subparagraph (b)
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482603/740-30-50-2

+ Details

Earnings Per Share (Tables)

6 Months Ended

Feb. 26, 2026

Earnings Per Share [Abstract]

Basic and diluted earnings per share


	Quarter Ended				Six Months Ended
	February 26, 2026		February 27, 2025		February 26, 2026		February 27, 2025

Net income – Basic and Diluted	$	13,785	$	1,583	$	19,025	$	3,453

Weighted-average common shares outstanding – Basic	1,126		1,115		1,125		1,113
Dilutive effect of equity compensation plans	16		8		15		10
Weighted-average common shares outstanding – Diluted	1,142		1,123		1,140		1,123

Earnings per share
Basic	$	12.25	$	1.42	$	16.91	$	3.10
Diluted	12.07		1.41		16.68		3.08

Derivative Instruments (Tables)

6 Months Ended

Feb. 26, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of derivative instruments


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

As of February 26, 2026
Derivative instruments with hedge accounting designation
Cash flow currency hedges	$	4,106	$	34	$	(112)
Cash flow commodity hedges	371		31		(5)
Fair value currency hedges	4,598		5		(5)

Derivative instruments without hedge accounting designation
Non-designated currency hedges	6,942		39		(9)
			$	109	$	(131)

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)

(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.

Cash and Investments

6 Months Ended

Feb. 26, 2026

Investments and Cash [Abstract]

Cash and Investments

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


	As of February 26, 2026								As of August 28, 2025
	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	$	11,470	$	—	$	—	$	11,470	$	7,875	$	—	$	—	$	7,875
Level 1(2)
Money market funds	894		—		—		894		410		—		—		410
Level 2(3)
Certificates of deposit	1,394		6		—		1,400		1,292		6		—		1,298
Corporate bonds	74		582		1,357		2,013		23		559		1,047		1,629
Asset-backed securities	—		26		626		652		—		31		521		552
Government securities	33		51		55		139		9		43		61		113
Commercial paper	43		16		—		59		33		26		—		59
	13,908		$	681	$	2,038	$	16,627	9,642		$	665	$	1,629	$	11,936
Restricted cash(4)	26								4
Cash, cash equivalents, and restricted cash	$	13,934							$	9,646

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

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

(3)The fair value of Level 2 securities is measured using information obtained from pricing services, which obtain quoted market prices for similar instruments, non-binding market consensus prices that are corroborated by observable market data, or various other methodologies, to determine the appropriate value at the measurement date. We perform supplemental analysis to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of February 26, 2026 or August 28, 2025.

(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.

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Feb. 26, 2026	Feb. 27, 2025
Cash flows from operating activities
Net income	$ 19,025	$ 3,453
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense and amortization of intangible assets	4,498	4,109
Stock-based compensation	599	469
Change in operating assets and liabilities:
Receivables	(8,298)	338
Inventories	88	(132)
Accounts payable and accrued expenses	928	(714)
Other current liabilities	1,469	(321)
Other noncurrent liabilities	2,106	195
Other	(101)	(211)
Net cash provided by operating activities	20,314	7,186
Cash flows from investing activities
Expenditures for property, plant, and equipment	(11,776)	(7,261)
Purchases of available-for-sale securities	(1,120)	(816)
Proceeds from government incentives	2,256	1,028
Proceeds from maturities and sales of available-for-sale securities	701	874
Other	(180)	(125)
Net cash used for investing activities	(10,119)	(6,300)
Cash flows from financing activities
Repayments of debt	(4,626)	(2,626)
Repurchases of common stock - repurchase program	(650)	0
Repurchases of common stock - withholdings on employee equity awards	(545)	(252)
Payments of dividends to shareholders	(266)	(261)
Proceeds from issuance of debt	0	2,682
Other	175	131
Net cash used for financing activities	(5,912)	(326)
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash	5	(49)
Net increase in cash, cash equivalents, and restricted cash	4,288	511
Cash, cash equivalents, and restricted cash at beginning of period	9,646	7,052
Cash, cash equivalents, and restricted cash at end of period	13,934	7,563
Supplemental disclosure
Non-cash acquisitions of finance lease right-of-use assets	$ 11	$ 919

STATEMENT OF CHANGES IN EQUITY - USD ($) shares in Millions, $ in Millions	Total	Common Stock	Additional Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Aug. 29, 2024		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	3,453			3,453
Other comprehensive income (loss), net	(57)					(57)
Stock issued under equity compensation plans (in shares)		11
Stock issued under equity compensation plans	152	$ 1	151
Stock-based compensation expense	469		469
Repurchase of stock – withholdings on employee equity awards		(2)
Repurchase of stock – withholdings on employee equity awards	$ (252)	$ 0	(24)	(228)
Dividends and dividend equivalents declared (per share)	$ 0.23
Dividends and dividend equivalents declared	$ (263)			(263)
Balance (in shares) at Feb. 27, 2025		1,262
Balance of total equity at Feb. 27, 2025	48,633	$ 126	12,711	43,839	(7,852)	(191)
Balance (in shares) at Nov. 28, 2024		1,258
Balance of total equity at Nov. 28, 2024	46,797	$ 126	12,317	42,427	(7,852)	(221)
Increase (decrease) in stockholders' equity
Net income	1,583			1,583
Other comprehensive income (loss), net	30					30
Stock issued under equity compensation plans (in shares)		4
Stock issued under equity compensation plans	150	$ 0	150
Stock-based compensation expense	249		249
Repurchase of stock – withholdings on employee equity awards		0
Repurchase of stock – withholdings on employee equity awards	$ (45)	$ 0	(5)	(40)
Dividends and dividend equivalents declared (per share)	$ 0.115
Dividends and dividend equivalents declared	$ (131)			(131)
Balance (in shares) at Feb. 27, 2025		1,262
Balance of total equity at Feb. 27, 2025	$ 48,633	$ 126	12,711	43,839	(7,852)	(191)
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)
Increase (decrease) in stockholders' equity
Net income	19,025			19,025
Other comprehensive income (loss), net	(50)					(50)
Stock issued under equity compensation plans (in shares)		10
Stock issued under equity compensation plans	179	$ 0	179
Stock-based compensation expense	599		599
Repurchase of stock – repurchase program	(650)				(650)
Repurchase of stock – withholdings on employee equity awards		(2)
Repurchase of stock – withholdings on employee equity awards	$ (545)	$ 0	(25)	(520)
Dividends and dividend equivalents declared (per share)	$ 0.23
Dividends and dividend equivalents declared	$ (264)			(264)
Balance (in shares) at Feb. 26, 2026	1,274	1,274
Balance of total equity at Feb. 26, 2026	$ 72,459	$ 127	14,092	66,824	(8,502)	(82)
Balance (in shares) at Nov. 27, 2025		1,271
Balance of total equity at Nov. 27, 2025	58,806	$ 127	13,610	53,344	(8,152)	(123)
Increase (decrease) in stockholders' equity
Net income	13,785			13,785
Other comprehensive income (loss), net	41					41
Stock issued under equity compensation plans (in shares)		3
Stock issued under equity compensation plans	178	$ 0	178
Stock-based compensation expense	309		309
Repurchase of stock – repurchase program	(350)				(350)
Repurchase of stock – withholdings on employee equity awards		0
Repurchase of stock – withholdings on employee equity awards	$ (178)	$ 0	(5)	(173)
Dividends and dividend equivalents declared (per share)	$ 0.115
Dividends and dividend equivalents declared	$ (132)			(132)
Balance (in shares) at Feb. 26, 2026	1,274	1,274
Balance of total equity at Feb. 26, 2026	$ 72,459	$ 127	$ 14,092	$ 66,824	$ (8,502)	$ (82)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Feb. 26, 2026	Feb. 27, 2025	Feb. 26, 2026	Feb. 27, 2025
Statement of Comprehensive Income [Abstract]
Net income	$ 13,785	$ 1,583	$ 19,025	$ 3,453
Other comprehensive income (loss), net of tax
Gains (losses) on derivative instruments	41	29	(53)	(56)
Pension liability adjustments	0	(1)	0	(1)
Unrealized gains (losses) on investments	0	2	3	0
Other comprehensive income (loss)	41	30	(50)	(57)
Total comprehensive income	$ 13,826	$ 1,613	$ 18,975	$ 3,396

- 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

Cash and Investments (Tables)

6 Months Ended

Feb. 26, 2026

Investments and Cash [Abstract]

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


	As of February 26, 2026								As of August 28, 2025
	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	$	11,470	$	—	$	—	$	11,470	$	7,875	$	—	$	—	$	7,875
Level 1(2)
Money market funds	894		—		—		894		410		—		—		410
Level 2(3)
Certificates of deposit	1,394		6		—		1,400		1,292		6		—		1,298
Corporate bonds	74		582		1,357		2,013		23		559		1,047		1,629
Asset-backed securities	—		26		626		652		—		31		521		552
Government securities	33		51		55		139		9		43		61		113
Commercial paper	43		16		—		59		33		26		—		59
	13,908		$	681	$	2,038	$	16,627	9,642		$	665	$	1,629	$	11,936
Restricted cash(4)	26								4
Cash, cash equivalents, and restricted cash	$	13,934							$	9,646

(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.

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


	As of February 26, 2026								As of August 28, 2025
	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	$	11,470	$	—	$	—	$	11,470	$	7,875	$	—	$	—	$	7,875
Level 1(2)
Money market funds	894		—		—		894		410		—		—		410
Level 2(3)
Certificates of deposit	1,394		6		—		1,400		1,292		6		—		1,298
Corporate bonds	74		582		1,357		2,013		23		559		1,047		1,629
Asset-backed securities	—		26		626		652		—		31		521		552
Government securities	33		51		55		139		9		43		61		113
Commercial paper	43		16		—		59		33		26		—		59
	13,908		$	681	$	2,038	$	16,627	9,642		$	665	$	1,629	$	11,936
Restricted cash(4)	26								4
Cash, cash equivalents, and restricted cash	$	13,934							$	9,646

(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).

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+ Details

Significant Accounting Policies (Policies)	6 Months Ended
Significant Accounting Policies (Policies)	Feb. 26, 2026
Accounting Policies [Abstract]
Basis of Presentation	The accompanying consolidated financial statements include the accounts of Micron Technology, Inc. and our consolidated subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), consistent in all material respects with those applied in our Annual Report on Form 10-K for the year ended August 28, 2025.
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 year 2026 contains 53 weeks and fiscal year 2025 contains 52 weeks. Our fourth quarter of fiscal year 2026 contains 14 weeks. All period references are to our fiscal periods unless otherwise indicated. These interim financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended August 28, 2025.

Equity	6 Months Ended
Equity	Feb. 26, 2026
Equity [Abstract]
Equity	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. In the second quarter and first six months of 2026, we repurchased 1.2 million shares of our common stock for $350 million, and 2.5 million shares of our common stock for $650 million, respectively. Through February 26, 2026, we had repurchased an aggregate of $7.84 billion under the authorization. Amounts repurchased are included in treasury stock. Dividends We declared and paid dividends of $0.115 per share in the first and second quarters of 2026. On March 18, 2026, our Board of Directors declared a quarterly dividend of $0.15 per share, payable in cash on April 15, 2026, to shareholders of record as of the close of business on March 30, 2026.

- Definition

The entire disclosure for equity.

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+ Details

Segment and Other Information (Policies)	6 Months Ended
Segment and Other Information (Policies)	Feb. 26, 2026
Segment Reporting [Abstract]
Segment Reporting Policy	We have the following four business units, which are based on market segments and 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. Substantially all of the unallocated amounts are related to stock-based compensation. We do not identify or report internally our assets (other than goodwill) or capital expenditures by segment, nor do we allocate gains and losses from equity method investments, interest, other non-operating income or expense items, or taxes to segments.

- Definition

Disclosure of accounting policy for segment reporting.

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+ Details

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares shares in Millions	Feb. 26, 2026	Aug. 28, 2025
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)	1,274	1,266
Common Stock, outstanding (in shares)	1,128	1,122
Treasury Stock, held (in shares)	146	144

Debt (Tables)

6 Months Ended

Feb. 26, 2026

Debt Disclosure [Abstract]

Schedule of debt


	As of February 26, 2026										As of August 28, 2025
					Net Carrying Amount						Net Carrying Amount
	Stated Rate		Effective Rate		Current		Long-Term		Total		Current		Long-Term		Total

2031 Notes	5.300	%	5.41	%	$	—	$	995	$	995	$	—	$	995	$	995
2032 Green Bonds	2.703	%	2.77	%	—		996		996		—		996		996
2032 Notes	5.650	%	5.79	%	—		496		496		—		496		496
2033 A Notes	5.875	%	5.96	%	—		746		746		—		746		746
2033 B Notes	5.875	%	6.01	%	—		892		892		—		892		892
2035 A Notes	5.800	%	5.90	%	—		993		993		—		992		992
2035 B Notes	6.050	%	6.14	%	—		1,241		1,241		—		1,241		1,241
2041 Notes	3.366	%	3.41	%	—		497		497		—		497		497
2051 Notes	3.477	%	3.52	%	—		486		486		—		496		496
2028 Notes	N/A		N/A		—		—		—		—		540		540
2029 Term Loan A	N/A		N/A		—		—		—		—		982		982
2029 A Notes	N/A		N/A		—		—		—		—		698		698
2029 B Notes	N/A		N/A		—		—		—		—		1,168		1,168
2030 Notes	N/A		N/A		—		—		—		—		794		794
Finance lease obligations	N/A		4.73	%	585		2,215		2,800		560		2,484		3,044
					$	585	$	9,557	$	10,142	$	560	$	14,017	$	14,577

Schedule of debt activity

The table below presents the effects of debt prepayment activity in the first six months of 2026:


	Transaction Date	Decrease in Principal		Decrease in Carrying Value		Decrease in Cash

Prepayments
2028 Notes	October 24, 2025	$	(542)	$	(541)	$	(562)
2029 B Notes	October 24, 2025	(1,159)		(1,168)		(1,276)
2029 Term Loan A	October 27, 2025	(984)		(982)		(984)
2051 Notes	January 23, 2026	(10)		(10)		(7)
2029 A Notes	February 20, 2026	(700)		(698)		(726)
2030 Notes	February 23, 2026	(796)		(794)		(816)
		$	(4,191)	$	(4,193)	$	(4,371)

- 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.

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+ Details

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Feb. 26, 2026	Feb. 27, 2025	Feb. 26, 2026	Feb. 27, 2025
Earnings per share reconciliation
Net income (loss) - Basic	$ 13,785	$ 1,583	$ 19,025	$ 3,453
Net income (loss) - Diluted	$ 13,785	$ 1,583	$ 19,025	$ 3,453
Weighted-average number of shares outstanding reconciliation
Weighted-average common shares outstanding – Basic	1,126	1,115	1,125	1,113
Dilutive effect of equity compensation plans	16	8	15	10
Weighted-average common shares outstanding – Diluted	1,142	1,123	1,140	1,123
Basic (in dollars per share)	$ 12.25	$ 1.42	$ 16.91	$ 3.10
Diluted (in dollars per share)	$ 12.07	$ 1.41	$ 16.68	$ 3.08
Antidilutive potential common shares that could dilute basic earnings per share in the future (in shares)		9		6

Revenue and Customer Contract Liabilities

6 Months Ended

Feb. 26, 2026

Revenue from Contract with Customer [Abstract]

Revenue and Customer Contract Liabilities

Revenue by Technology


	Quarter Ended				Six Months Ended
	February 26, 2026		February 27, 2025		February 26, 2026		February 27, 2025

DRAM	$	18,768	$	6,123	$	29,580	$	12,523
NAND	4,997		1,855		7,740		4,096
Other (primarily NOR)	95		75		183		143
	$	23,860	$	8,053	$	37,503	$	16,762

See Item 1. Financial Statements, Notes to Consolidated Financial Statements, Note 17. Segment and Other Information for disclosure of disaggregated revenue by market segment.

Revenue is primarily recognized at a point in time when control of the promised goods is transferred to our customers in an amount that reflects the consideration we expect to be entitled to in exchange for those goods. Substantially all contracts with our customers are short-term in duration at fixed, negotiated prices with payment generally due shortly after delivery. From time to time, we have contracts with initial terms that include performance obligations that extend beyond one year. As of February 26, 2026 and August 28, 2025, our future performance obligations beyond one year, which included customer prepayments and other contract liabilities, were not material.

As of February 26, 2026 and August 28, 2025, other current liabilities included $2.55 billion and $1.19 billion, respectively, for estimates of consideration payable to customers, including estimates for pricing adjustments and returns.

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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-Name Accounting Standards Codification
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-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
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
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-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org/606/tableOfContent

+ Details