CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Sep. 03, 2015	Aug. 28, 2014
Assets
Cash and equivalents		$ 2,287	$ 4,150
Short-term investments		1,234	384
Receivables		2,507	2,906
Inventories		2,340	2,455
Other current assets		228	350
Total current assets		8,596	10,245
Long-term marketable investments	[1]	2,113	819
Property, plant and equipment, net		10,554	8,682
Equity method investments		1,379	971
Intangible assets, net		449	468
Deferred tax assets		597	816
Other noncurrent assets		455	415
Total assets		24,143	22,416
Liabilities and equity
Accounts payable and accrued expenses		2,611	2,864
Deferred income		205	309
Current debt		1,089	1,618
Total current liabilities		3,905	4,791
Long-term debt		6,252	4,893
Other noncurrent liabilities		698	1,102
Total liabilities		$ 10,855	$ 10,786
Commitments and contingencies
Redeemable convertible notes		$ 49	$ 68
Micron shareholders' equity:
Common stock, $0.10 par value, 3,000 shares authorized, 1,084 shares issued and outstanding (1,073 as of August 28, 2014)		108	107
Additional capital		7,474	7,868
Retained earnings		5,588	2,729
Treasury stock, 45 shares held as of September 3, 2015		(881)	0
Accumulated other comprehensive income		13	56
Total Micron shareholders' equity		12,302	10,760
Noncontrolling interests in subsidiaries		937	802
Total equity		13,239	11,562
Total liabilities and equity		$ 24,143	$ 22,416

[1] The maturities of our long-term marketable securities generally range from one to four years.