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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 02, 2016
Sep. 03, 2015
Assets    
Cash and equivalents $ 4,627 $ 2,287
Short-term investments 354 1,234
Receivables 2,073 2,507
Inventories 2,920 2,340
Other current assets 136 228
Total current assets 10,110 8,596
Long-term marketable investments [1] 671 2,113
Property, plant, and equipment, net 13,209 10,554
Equity method investments 1,361 1,379
Intangible assets, net 491 449
Deferred tax assets 631 597
Other noncurrent assets 528 455
Total assets 27,001 24,143
Liabilities and equity    
Accounts payable and accrued expenses 3,599 2,611
Deferred income 189 205
Current debt 712 1,089
Total current liabilities 4,500 3,905
Long-term debt 8,919 6,252
Other noncurrent liabilities 548 698
Total liabilities 13,967 10,855
Commitments and contingencies
Redeemable convertible notes 0 49
Micron shareholders' equity    
Common stock, $0.10 par value, 3,000 shares authorized; 1,091 shares issued and outstanding (1,084 as of September 3, 2015) 109 108
Additional capital 7,675 7,474
Retained earnings 5,470 5,588
Treasury stock, 54 shares held (45 as of September 3, 2015) (1,029) (881)
Accumulated other comprehensive income (loss) (38) 13
Total Micron shareholders' equity 12,187 12,302
Noncontrolling interests in subsidiaries 847 937
Total equity 13,034 13,239
Total liabilities and equity $ 27,001 $ 24,143
[1] The maturities of long-term marketable investments range from one to four years.