Micron Technology, Inc. MU Cash Flow

Micron technology, inc. (MU)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10	May'10	Feb'10	Nov'09	Nov'08
Cash flows from operating activities
Net income
407	508	586	851	1,625	3,296	4,326	3,823	3,311	2,678	2,369	1,647	894	180	-170	-215	-96	206	471	491	935	1,002	1,151	806	741	381	1,710	43	-284	-275	-242	-320	-282	-187	-134	77	75	172	359	960	379	202	-731
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation expense and amortization of intangible assets
1,365	1,296	1,416	1,360	1,313	1,335	1,285	1,233	1,151	1,090	1,066	1,021	1,003	771	714	755	774	737	710	673	641	643	553	542	517	491	450	442	455	457	483	525	569	564	555	547	503	500	509	476	446	491	605
Amortization of debt discount and other costs
6	10	10	10	11	18	23	23	26	29	32	30	31	32	32	30	31	33	33	34	33	38	37	36	44	50	36	28	30	28	26	21	17	17	15	12	13	17	-	-	-	-	-
Loss on restructure of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-31	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
85	72	67	58	57	61	47	48	52	51	57	57	55	46	43	47	55	46	41	43	49	35	34	32	27	22	30	21	21	19	16	21	30	20	19	19	19	19	20	20	22	31	9
(Gain) loss on debt prepayments, repurchases, and conversions
0	42	-10	-317	-83	14	1	-168	-23	-195	-37	-61	0	-1	-	-	-	-	-1	-18	0	-30	-13	-16	-80	-86	-	-	-	-	-	-	-	-	0	-2	0	-111	0	0	0	0	-
(Gain) loss from currency hedges, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-51	-122	-51	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash restructure and asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-22	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision to write-down inventories to estimated market values
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	369
Restructure charges (credits)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-83
Equity in net (income) loss of equity method investees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-40	5	59	47	68	208	124	119	135	134	86	37	-10	-58	-52	-32	-115	-73	-74	-40	-44	-48	-26	-16	-19	13	-17	-5
Gain from Inotera issuance of shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	112	-56	0
Change in operating assets and liabilities
Receivables
-312	208	-58	-1,171	-1,013	-189	557	547	509	121	313	565	372	401	3	74	-245	-297	-56	-184	99	-252	188	-128	-36	494	129	277	101	-98	-104	91	-124	-101	56	44	19	-173	1,072	-246	14	-324	138
Inventories
265	-175	213	515	514	286	226	184	25	37	58	66	-35	-139	-31	312	173	95	-41	3	-71	-7	-77	71	2	-190	-45	-11	-53	26	-76	-183	-16	17	12	149	68	128	209	14	-43	-59	39
Accounts payable and accrued expenses
79	178	529	-377	-280	-46	517	58	323	-230	-55	112	100	299	269	70	-69	2	-158	-45	-167	-321	25	4	22	620	-16	233	-81	-108	283	-61	57	-97	-128	-54	286	-192	36	99	0	66	-67
Customer prepayments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-32	-27	-36	-	297	4	-5	-	-	-	-	-4	-40	-43	-60	-29
Deferred income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	-37	-37	31	126	-40	29	56	23	5	0	78
Deferred income taxes, net
-19	-19	45	125	-128	-192	49	-46	299	-37	-	-	-	-	26	-38	26	1	-	-89	-33	-126	116	-57	-68	-59	2	5	4	-4	-	-	-	-	-	-	-	-	-	-	-	-	-
Other noncurrent liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58	2	-3	186	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-7	3	-185	-39	-1	65	-210	-178	66	-56	170	66	55	71	-18	6	27	-46	235	-81	-229	96	11	38	-6	2	-69	-8	61	6	-16	35	15	29	-70	37	8	-5	-79	25	-4	18	26
Net cash provided by operating activities
2,001	2,011	2,233	2,711	3,435	4,810	5,155	4,261	4,348	3,636	3,203	2,407	1,405	1,138	896	389	763	1,120	1,030	1,335	1,251	1,592	1,347	1,455	1,390	1,507	717	624	234	236	450	686	574	404	354	589	809	732	1,077	889	804	326	359
Expenditures for property, plant, and equipment
2,056	1,943	2,028	2,403	2,649	2,700	2,251	2,411	2,261	1,956	1,265	1,041	1,164	1,264	1,923	1,685	1,219	990	1,765	734	853	669	1,307	566	565	669	478	203	327	434	332	278	392	697	868	493	724	465	347	114	93	62	270
Purchases of available-for-sale securities
159	407	404	1,248	519	2,047	154	104	316	186	296	140	719	84	147	200	169	510	583	1,587	1,554	668	588	116	163	196	350	144	113	317	65	499	0	0	-	-	-	-	-	-	-	-	-
Proceeds from sales of available-for-sale securities
71	988	233	1,111	83	77	35	7	8	554	34	194	36	512	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to settle hedging activities
-	-	-	-	-	-	-	-	-	-	-	18	76	173	45	41	20	46	38	6	22	66	1	1	20	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of available-for-sale securities
360	163	915	235	331	60	101	81	53	85	79	43	17	55	-1,813	1,239	906	1,044	862	755	301	330	115	122	158	162	86	394	89	109	89	22	41	0	-	-	-	-	-	-	-	-	123
Proceeds from government incentives
83	22	80	213	219	236	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23	-3	0	-556	1	-1	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0
Additions to equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	409
Proceeds from sales of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	39	9	3	28	62	34	8	50	5	31	6
Proceeds from settlement of hedging activities
-	-	-	-	-	-	-	-	-	-	-	72	67	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
9	12	-104	-26	-43	53	44	-95	-24	-69	-28	-16	-24	-11	-51	5	-22	158	16	-42	-2	3	17	-7	-59	-29	-63	26	9	-3	-74	-19	24	26	17	-26	18	5	49	18	-22	-6	-61
Distributions to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	240	64	83	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) investing activities
-1,710	-1,189	-1,100	-2,066	-2,492	-4,427	-2,129	-2,244	-2,409	-1,434	-1,278	-874	-4,449	-936	-1,402	-616	-366	-660	-1,494	-1,520	-2,126	-1,076	-1,698	-551	-531	-122	-740	-171	-360	-639	-332	-797	-469	-714	-829	25	-802	-436	-229	44	-238	-25	-489
Cash flows from financing activities
Proceeds from equipment sale-leaseback transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	33	47	26	206	63	230	110	0	173	95	0	-	-	-	-	-
Repayments of debt
261	1,415	964	1,671	128	577	3,427	3,388	635	2,744	784	1,218	368	188	181	170	322	197	278	902	363	786	709	1,147	1,250	737	79	77	535	52	51	51	53	48	76	327	177	635	92	378	90	280	163
Acquisition of noncontrolling interest in IMFT
0	744	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	60	50	49	-244	72	84	88	150
Payments to acquire treasury stock
70	89	2	159	732	1,836	-	-	-	23	-	-	-	-	-	0	12	135	639	1	218	26	1	2	31	42	0	0	3	2	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on equipment purchase contracts
18	11	21	17	17	20	36	17	20	133	258	228	9	24	32	0	14	0	-	-	-	-	-	-	-	-	-146	32	26	104	40	46	37	49	60	41	116	105	131	63	185	-49	-64
Proceeds from issuance of debt
0	1,250	1,750	0	1,800	0	40	319	500	150	175	175	2,945	16	33	1,992	0	174	40	1,172	1,000	0	-	-	-	-	309	0	639	173	0	1,065	0	0	-	-	-	-	0	0	0	200	285
Proceeds from issuance of stock
-	-	-	-	-	-	19	82	82	1,472	34	40	39	29	18	6	9	15	10	14	32	18	-	-	-	144	82	44	24	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	-	82	0	20	-	-	-	49	-	-	10	0	46	13	0	138	0	4	4	0	-	-	-	-	-
Cash received from capped call transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	24	-	0	0	0	-	-	-	-	-	-	-	-	-
Other
134	17	62	-112	29	-2	73	50	-88	-4	11	97	-54	-45	-170	-171	24	-34	131	-43	-43	-32	-58	-23	-38	-6	-50	-32	-23	-19	-108	-28	-2	-3	-56	7	10	-9	5	-1	0	-4	4
Net cash provided by (used for) financing activities
-215	-992	892	-1,847	952	-2,435	-3,333	-3,023	-138	-1,282	-858	-1,134	2,553	-212	42	1,771	72	-140	-933	359	662	-806	454	-1,149	-212	-592	463	-74	85	46	150	208	74	65	240	-403	-234	-798	-248	-490	-261	-221	-88
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash
0	-14	20	7	9	-10	-33	-8	10	-6	3	18	9	-42	12	5	4	-2	-6	-27	-4	-96	-15	2	4	-19	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash, cash equivalents, and restricted cash
76	-184	2,045	-1,195	1,904	-2,062	-340	-1,014	1,811	914	1,070	417	-482	-52	-452	1,549	473	318	-1,403	147	-217	-386	88	-243	651	774	440	379	-41	-357	268	97	179	-245	-235	211	-227	-502	600	443	305	80	-218
Supplemental disclosures
Income taxes paid, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	19	14	46	9	-10	-3	2	-8
Interest paid, net of amounts capitalized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	19	8	27	10	34	15	36	-29
Exchange of convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	756	-	-	-	-	-	-	-	-	0	0	0	175	0	0	0	0	-
Noncash investing and financing activity
Equipment acquisitions on contracts payable and capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	178	150	59	254	110	341	192	47	235	124	63	139	49	56	176	153
Exchange of convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-