Micron Technology, Inc. MU Income Statement

Micron technology, inc. (MU)

Income statement / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Mar'18	Nov'17	Aug'17	May'17	Mar'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
Revenue
19,599	20,637	23,406	26,976	29,985	31,501	30,391	28,089	25,858	23,155	20,322	17,401	0	13,019	12,399	12,782	13,737	14,969	16,192	16,819	16,948	16,889	16,358	14,974	13,310	11,281	9,073	8,193	8,047	7,978	8,234	8,411	8,378	8,626	8,788	9,141	9,290	8,994	8,482	0	0	0	0
Cost of goods sold
13,655	13,184	12,704	12,518	12,632	12,742	12,500	12,237	12,120	11,983	11,886	11,498	0	10,352	9,894	9,886	10,137	10,543	10,977	11,189	11,152	11,095	10,921	10,214	9,362	8,370	7,226	6,835	7,011	7,098	7,266	7,341	7,064	7,087	7,030	6,923	6,702	6,199	5,768	0	0	0	0
Gross margin
5,944	7,453	10,702	14,458	17,353	18,759	17,891	15,852	13,738	11,172	8,436	5,903	0	2,667	2,505	2,896	3,600	4,426	5,215	5,630	5,796	5,794	5,437	4,760	3,948	2,911	1,847	1,358	1,036	880	968	1,070	1,314	1,539	1,758	2,218	2,588	2,795	2,714	0	0	0	0
Selling, general, and administrative
852	838	836	839	844	831	813	791	784	775	743	707	0	639	659	672	693	705	719	729	734	724	707	720	673	619	562	508	537	588	620	636	631	603	592	578	617	571	528	0	0	0	0
Research and development
2,550	2,470	2,441	2,385	2,382	2,304	2,141	2,021	1,852	1,802	1,824	1,788	0	1,666	1,617	1,585	1,609	1,585	1,540	1,519	1,462	1,427	1,371	1,280	1,157	1,027	931	899	904	912	918	892	872	836	791	779	710	672	624	0	0	0	0
Restructure and asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	126	99	0	0	-	0	-	-	-	-	-	-	-	-	-	-	0
Other operating (income) expense, net
76	-10	-49	-131	-81	32	57	79	27	11	-1	-90	0	-82	-61	7	6	27	45	57	47	18	-232	-262	-255	-234	8	39	8	-18	-32	-131	20	114	311	378	281	226	27	0	0	0	0
Operating income
2,618	4,135	7,376	11,103	14,046	15,656	14,994	13,119	11,129	8,606	5,868	3,334	0	295	168	627	1,285	2,145	2,998	3,399	3,607	3,621	3,087	2,466	1,776	884	236	-109	-446	-627	-612	-519	-94	289	761	1,239	1,542	1,778	1,589	0	0	0	0
Interest income
187	211	205	182	166	135	120	102	76	57	41	34	0	38	42	44	43	39	35	31	27	25	23	22	19	16	14	9	10	9	8	9	12	17	23	31	29	24	18	0	0	0	0
Interest expense
161	142	128	139	190	251	342	440	513	586	601	588	0	480	437	403	391	377	371	358	341	341	352	328	302	275	231	220	222	201	179	156	128	121	124	135	151	169	178	0	0	0	0
Gain on MMJ Acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Other non-operating income (expense), net
-285	-368	-405	-407	-283	-252	-465	-499	-389	-302	-112	-73	0	-64	-54	-26	-8	-8	-53	127	122	6	-25	-178	-202	-239	-218	-269	-226	-30	29	30	42	5	-109	-106	-115	-116	54	0	0	0	0
Income (loss) before income taxes, net income (loss) attributable to noncontrolling interests, and equity in net income (loss) of equity method investees
2,359	3,836	7,048	10,739	13,739	15,288	14,307	12,282	10,303	7,775	5,196	2,707	0	-211	-281	242	929	1,799	2,609	3,199	3,415	3,311	2,733	3,466	2,775	1,870	1,285	-589	-884	-849	-754	-636	-168	190	551	1,029	1,742	1,954	1,920	0	0	0	0
Income tax (provision) benefit
12	271	693	642	668	531	168	101	302	197	114	164	0	54	19	-53	36	78	157	139	107	123	128	220	147	75	8	17	-20	-2	-17	-15	127	153	203	212	67	36	-19	0	0	0	0
Equity in net income (loss) of equity method investees
5	5	3	-1	0	0	-	0	0	-	8	8	0	-36	25	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
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	0	-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
Net income attributable to noncontrolling interests
55	59	45	21	10	6	3	3	3	1	1	0	0	1	1	1	1	1	0	1	1	10	34	35	35	27	4	3	3	1	1	1	3	6	23	39	58	69	50	0	0	0	0
Net income attributable to Micron
2,297	3,511	6,313	10,077	13,060	14,750	14,135	12,178	10,002	7,587	5,089	2,551	0	-302	-276	365	1,071	2,102	2,899	3,578	3,893	3,690	3,045	3,603	2,840	1,823	1,190	-761	-1,124	-1,120	-1,032	-924	-529	-175	167	644	1,508	1,801	1,850	0	0	0	0
Earnings per share
Basic (in dollars per share)
0.37	0.44	0.55	0.76	1.45	2.91	3.75	3.30	2.86	2.36	2.20	1.49	0.81	0.17	-0.17	-0.21	-0.09	0.20	0.44	0.46	0.87	0.94	1.08	0.76	0.69	0.34	1.67	0.04	-0.28	-0.27	-0.24	-0.32	-0.29	-0.19	-0.13	0.07	0.07	0.16	0.36	1.06	0.43	0.24	-0.93
Diluted (in dollars per share)
0.36	0.43	0.54	0.74	1.42	2.81	3.55	3.10	2.67	2.19	2.08	1.40	0.77	0.16	-0.16	-0.21	-0.09	0.19	0.43	0.42	0.78	0.84	0.95	0.68	0.61	0.30	1.64	0.04	-0.28	-0.27	-0.24	-0.32	-0.29	-0.19	-0.12	0.07	0.07	0.15	0.31	0.92	0.39	0.23	-0.93
Number of shares used in per share calculations
Basic (in shares)
1,111	1,107	1,104	1,105	1,114	1,133	1,159	1,159	1,156	1,134	1,111	1,106	1,099	1,040	1,037	1,036	1,036	1,035	1,063	1,073	1,074	1,070	1,067	1,067	1,060	1,046	1,034	1,024	1,016	1,014	1,012	987	982	981	992	998	988	972	970	885	847	846	773
Diluted (in shares)
1,133	1,129	1,128	1,129	1,141	1,174	1,218	1,235	1,238	1,225	1,188	1,177	1,160	1,091	987	1,036	1,036	1,085	1,125	1,170	1,190	1,195	1,205	1,190	1,201	1,196	1,151	1,047	1,016	1,014	1,012	987	982	981	919	1,041	1,037	1,031	1,147	1,049	1,005	1,000	773