Micron Technology, Inc. MU Cash Flow

Micron technology, inc. (MU)

CashFlow / TTM

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
2,352	3,570	6,358	10,098	13,070	14,756	14,138	12,181	10,005	7,588	5,090	2,551	689	-301	-275	366	1,072	2,103	2,899	3,579	3,894	3,700	3,079	3,638	2,875	1,850	1,194	-758	-1,121	-1,119	-1,031	-923	-526	-169	190	683	1,566	1,870	1,900	0	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation expense and amortization of intangible assets
5,437	5,385	5,424	5,293	5,166	5,004	4,759	4,540	4,328	4,180	3,861	3,509	3,243	3,014	2,980	2,976	2,894	2,761	2,667	2,510	2,379	2,255	2,103	2,000	1,900	1,838	1,804	1,837	1,920	2,034	2,141	2,213	2,235	2,169	2,105	2,059	1,988	1,931	1,922	0	0	0	0
Amortization of debt discount and other costs
36	41	49	62	75	90	101	110	117	122	125	125	125	125	126	127	131	133	138	142	144	155	167	166	158	144	122	112	105	92	81	70	61	57	57	0	0	0	-	-	-	-	-
Loss on restructure of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
282	254	243	223	213	208	198	208	217	220	215	201	191	191	191	189	185	179	168	161	150	128	115	111	100	94	91	77	77	86	87	90	88	77	76	77	78	81	93	0	0	0	0
(Gain) loss on debt prepayments, repurchases, and conversions
-285	-368	-396	-385	-236	-176	-385	-423	-316	-293	-99	0	0	0	-	-	-	-	-49	-61	-59	-139	-195	0	0	0	-	-	-	-	-	-	-	-	-113	-113	-111	-111	0	0	0	0	-
(Gain) loss from currency hedges, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-222	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash restructure and asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision to write-down inventories to estimated market values
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Restructure charges (credits)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Equity in net (income) loss of equity method investees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	71	179	382	447	519	586	512	474	392	247	55	-83	-152	-257	-272	-294	-302	-231	-206	-158	-134	-109	-48	-39	0	0	0	0
Gain from Inotera issuance of shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Change in operating assets and liabilities
Receivables
-1,333	-2,034	-2,431	-1,816	-98	1,424	1,734	1,490	1,508	1,371	1,651	1,341	850	233	-465	-524	-782	-438	-393	-149	-93	-228	518	459	864	1,001	409	176	-10	-235	-238	-78	-125	18	-54	962	672	667	516	0	0	0	0
Inventories
818	1,067	1,528	1,541	1,210	721	472	304	186	126	-50	-139	107	315	549	539	230	-14	-116	-152	-84	-11	-194	-162	-244	-299	-83	-114	-286	-249	-258	-170	162	246	357	554	419	308	121	0	0	0	0
Accounts payable and accrued expenses
409	50	-174	-186	249	852	668	96	150	-73	456	780	738	569	272	-155	-270	-368	-691	-508	-459	-270	671	630	859	756	28	327	33	171	182	-229	-222	7	-88	76	229	-57	201	0	0	0	0
Customer prepayments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-147	0	0	0	0
Deferred income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-30	83	80	146	171	68	113	84	0	0	0	0
Deferred income taxes, net
132	23	-150	-146	-317	110	265	0	0	0	-	-	-	-	15	0	0	-41	-	-132	-100	-135	-68	-182	-120	-48	7	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Other noncurrent liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	243	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-228	-222	-160	-185	-324	-257	-378	2	246	235	362	174	114	86	-31	222	135	-121	21	-203	-84	139	45	-35	-81	-14	-10	43	86	40	63	9	11	4	-30	-39	-51	-63	-40	0	0	0	0
Net cash provided by operating activities
8,956	10,390	13,189	16,111	17,661	18,574	17,400	15,448	13,594	10,651	8,153	5,846	3,828	3,186	3,168	3,302	4,248	4,736	5,208	5,525	5,645	5,784	5,699	5,069	4,238	3,082	1,811	1,544	1,606	1,946	2,114	2,018	1,921	2,156	2,484	3,207	3,507	3,502	3,096	0	0	0	0
Expenditures for property, plant, and equipment
8,430	9,023	9,780	10,003	10,011	9,623	8,879	7,893	6,523	5,426	4,734	5,392	6,036	6,091	5,817	5,659	4,708	4,342	4,021	3,563	3,395	3,107	3,107	2,278	1,915	1,677	1,442	1,296	1,371	1,436	1,699	2,235	2,450	2,782	2,550	2,029	1,650	1,019	616	0	0	0	0
Purchases of available-for-sale securities
2,218	2,578	4,218	3,968	2,824	2,621	760	902	938	1,341	1,239	1,090	1,150	600	1,026	1,462	2,849	4,234	4,392	4,397	2,926	1,535	1,063	825	853	803	924	639	994	881	564	0	0	0	-	-	-	-	-	-	-	-	-
Proceeds from sales of available-for-sale securities
2,403	2,415	1,504	1,306	202	127	604	603	790	818	776	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to settle hedging activities
-	-	-	-	-	-	-	-	-	-	-	312	335	279	152	145	110	112	132	95	90	88	26	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of available-for-sale securities
1,673	1,644	1,541	727	573	295	320	298	260	224	194	-1,698	-502	387	1,376	4,051	3,567	2,962	2,248	1,501	868	725	557	528	800	731	678	681	309	261	152	0	0	0	-	-	-	-	-	-	-	-	0
Proceeds from government incentives
398	534	748	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-536	-558	-556	-556	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0
Additions to equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Proceeds from sales of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54	79	102	127	132	154	97	94	0	0	0	0
Proceeds from settlement of hedging activities
-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-109	-161	-120	28	-41	-22	-144	-216	-137	-137	-79	-102	-81	-79	90	157	110	130	-25	-24	11	-46	-78	-158	-125	-57	-31	-42	-87	-72	-43	48	41	35	14	46	90	50	39	0	0	0	0
Distributions to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	391	0	0	0	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) investing activities
-6,065	-6,847	-10,085	-11,114	-11,292	-11,209	-8,216	-7,365	-5,995	-8,035	-7,537	-7,661	-7,403	-3,320	-3,044	-3,136	-4,040	-5,800	-6,216	-6,420	-5,451	-3,856	-2,902	-1,944	-1,564	-1,393	-1,910	-1,502	-2,128	-2,237	-2,312	-2,809	-1,987	-2,320	-2,042	-1,442	-1,423	-859	-448	0	0	0	0
Cash flows from financing activities
Proceeds from equipment sale-leaseback transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	126	312	342	525	609	403	513	378	268	0	0	0	-	-	-	-	-
Repayments of debt
4,311	4,178	3,340	5,803	7,520	8,027	10,194	7,551	5,381	5,114	2,558	1,955	907	861	870	967	1,699	1,740	2,329	2,760	3,005	3,892	3,843	3,213	2,143	1,428	743	715	689	207	203	228	504	628	1,215	1,231	1,282	1,195	840	0	0	0	0
Acquisition of noncontrolling interest in IMFT
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	159	-85	-73	-39	0	0	0	0	0
Payments to acquire treasury stock
320	982	2,729	0	0	0	-	-	-	0	-	-	-	-	-	786	787	993	884	246	247	60	76	75	73	45	5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on equipment purchase contracts
67	66	75	90	90	93	206	428	639	628	519	293	65	70	46	0	0	0	-	-	-	-	-	-	-	-	16	202	216	227	172	192	187	266	322	393	415	484	330	0	0	0	0
Proceeds from issuance of debt
3,000	4,800	3,550	1,840	2,159	859	1,009	1,144	1,000	3,445	3,311	3,169	4,986	2,041	2,199	2,206	1,386	2,386	2,212	0	0	0	-	-	-	-	1,121	812	1,877	1,238	1,065	0	0	0	-	-	-	-	200	0	0	0	0
Proceeds from issuance of stock
-	-	-	-	-	-	1,655	1,670	1,628	1,585	142	126	92	62	48	40	48	71	74	0	0	0	-	-	-	294	150	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	159	-	0	0	0	-	-	-	0	-	-	69	59	197	151	142	146	8	0	0	0	-	-	-	-	-
Cash received from capped call transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-
Other
101	-4	-23	-12	150	33	31	-31	16	50	9	-172	-440	-362	-351	-50	78	11	13	-176	-156	-151	-125	-117	-126	-111	-124	-182	-178	-157	-141	-89	-54	-42	-48	13	5	-5	0	0	0	0	0
Net cash provided by (used for) financing activities
-2,162	-995	-2,438	-6,663	-7,839	-8,929	-7,776	-5,301	-3,412	-721	349	1,249	4,154	1,673	1,745	770	-642	-52	-718	669	-839	-1,713	-1,499	-1,490	-415	-118	520	207	489	478	497	587	-24	-332	-1,195	-1,683	-1,770	-1,797	-1,220	0	0	0	0
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash
13	22	26	-27	-42	-41	-37	-1	25	24	-12	-3	-16	-21	19	1	-31	-39	-133	-142	-113	-105	-28	-13	-15	-19	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash, cash equivalents, and restricted cash
742	2,570	692	-1,693	-1,512	-1,605	1,371	2,781	4,212	1,919	953	-569	563	1,518	1,888	937	-465	-1,155	-1,859	-368	-758	110	1,270	1,622	2,244	1,552	421	249	-33	187	299	-204	-90	-496	-753	82	314	846	1,428	0	0	0	0
Supplemental disclosures
Income taxes paid, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	99	88	59	42	-2	0	0	0	0
Interest paid, net of amounts capitalized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	59	64	79	86	95	0	0	0	0
Exchange of convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	756	0	0	0	-	-	-	-	-	-	-	-	175	175	175	175	0	0	0	0	-
Noncash investing and financing activity
Equipment acquisitions on contracts payable and capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	641	573	764	897	690	815	598	469	561	375	307	420	0	0	0	0
Exchange of convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-