← MICRON TECHNOLOGY INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($276.0m)
$5.1b +1943.84%
$14.1b +177.76%
$6.3b -55.34%
$2.7b -57.44%
$5.9b +118.12%
$8.7b +48.22%
($5.8b) -167.15%
$778.0m +113.34%
$8.5b +997.56%
—
Net Income (Loss) Attributable to Noncontrolling Interest $1.0m $1.0m $3.0m $45.0m $23.0m $0 $0 — — — —
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($275.0m) $5.1b $14.1b $6.4b $2.7b $5.9b $8.7b — — — —
Amortization of Debt Issuance Costs and Discounts $126.0m $125.0m $101.0m $49.0m $26.0m $30.0m — — — — —
Amortization of Intangible Assets $117.0m $106.0m — — — $82.0m $85.0m $86.0m $82.0m $71.0m —
Depreciation $2.9b $3.8b $4.7b $5.3b $5.6b $6.1b $7.0b $7.7b $7.7b $8.3b $9.0b
Depreciation expense and amortization of intangible assets $3.0b $3.9b $4.8b $5.4b $5.7b $6.2b $7.1b $7.8b $7.8b $8.4b $9.0b
Depreciation, Depletion and Amortization $2.9b $3.8b $4.8b $5.4b $5.7b $6.2b $7.1b $7.8b $7.8b $8.4b $9.0b
Deferred Income Tax Expense (Benefit) ($9.0m) — ($259.0m) $336.0m $110.0m ($19.0m) $294.0m ($7.0m) $35.0m $164.0m —
Deferred Other Tax Expense (Benefit) — — ($1.3b) — — — — — — — —
Payment, Tax Withholding, Share-based Payment Arrangement — — — — — — $125.0m — — — —
Share-based Payment Arrangement, Expense — — — $243.0m $328.0m $395.0m $496.0m $557.0m $821.0m $975.0m $1.2b
Share-based Payment Arrangement, Noncash Expense $191.0m $215.0m $198.0m $243.0m $328.0m $378.0m $514.0m $596.0m $833.0m $972.0m $1.2b
Stock-based compensation $191.0m $215.0m $198.0m $243.0m $328.0m $378.0m $514.0m $596.0m $833.0m $972.0m $1.2b
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — $7.0m $32.0m $10.0m —
Gain (Loss) on Sale of Assets and Asset Impairment Charges — — — $128.0m — — — — — — —
Goodwill impairment — — — — — $0 $0 $101.0m $0 $0 $0
Goodwill, Impairment Loss — — — — — — — $101.0m $0 $0 $0
Restructuring Costs and Asset Impairment Charges — — — — — $454.0m $44.0m $11.0m — — —
Equity Method Investment, Realized Gain (Loss) on Disposal $0 — — — — — — — — — —
Income (Loss) from Equity Method Investments $25.0m $8.0m ($1.0m) $3.0m $7.0m $37.0m $4.0m $2.0m ($11.0m) $9.0m —
Other Nonoperating Income (Expense) ($54.0m) ($112.0m) ($465.0m) ($405.0m) $60.0m $81.0m ($38.0m) $7.0m ($31.0m) ($135.0m) —
Changes in operating assets and liabilities:
Receivables $465.0m ($1.7b) ($1.7b) $2.4b ($723.0m) ($1.4b) $190.0m $2.8b ($3.6b) ($1.8b) ($21.6b)
Increase (Decrease) in Inventories $549.0m ($50.0m) $472.0m $1.5b $489.0m ($866.0m) $2.2b $3.6b $488.0m ($520.0m) $160.0m
Inventories ($549.0m) $50.0m ($472.0m) ($1.5b) ($489.0m) $866.0m ($2.2b) ($3.6b) ($488.0m) $520.0m $160.0m
Inventory Write-down — — — — — — — $1.8b $0 $0 —
Provision to write down inventories to net realizable value — — — — — $0 $0 $1.8b $0 $0 —
Accounts payable and accrued expenses $272.0m $564.0m $549.0m ($174.0m) $725.0m $210.0m $744.0m ($2.1b) $1.9b $862.0m —
Other ($148.0m) $8.0m ($40.0m) ($23.0m) ($118.0m) $140.0m $211.0m $95.0m $18.0m ($139.0m) —
Other current liabilities — — — — — — $400.0m ($817.0m) $989.0m ($272.0m) $7.5b
Other Operating Income (Expense), Net $6.0m $17.0m $57.0m ($49.0m) ($68.0m) ($95.0m) $34.0m ($124.0m) $251.0m ($61.0m) —
Net Cash Provided by (Used in) Operating Activities $3.2b
$8.2b +157.35%
$17.4b +113.42%
$13.2b -24.20%
$8.3b -37.02%
$12.5b +50.11%
$15.2b +21.76%
$1.6b -89.73%
$8.5b +445.67%
$17.5b +106.01%
$51.4b +193.48%
Cash flows from investing activities:
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $4.0m $22.0m $96.0m ($43.0m) $3.0m $24.0m $41.0m $54.0m $59.0m ($15.9b) ($30.0m)
Non-cash equipment acquisitions on contracts payable $993.0m $813.0m $84.0m $119.0m $278.0m — — $165.0m $118.0m $321.0m —
Payments to Acquire Property, Plant, and Equipment $5.8b $4.7b $8.9b $9.8b $8.2b $10.0b $12.1b $7.7b $8.4b $15.9b ($25.3b)
Property, plant and equipment acquisitions funded by liabilities $5.8b $4.7b $8.9b $9.8b $8.2b $10.0b $12.1b $7.7b $8.4b $15.9b —
Gain (Loss) on Investments — — — — — $82.0m $26.0m ($8.0m) — — —
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $3.7b $970.0m $320.0m $1.5b $814.0m $1.2b $1.3b $1.6b $1.8b $1.7b —
Payments to Acquire Businesses, Net of Cash Acquired — $2.6b $0 $0 — — — — — — —
Payments for (Proceeds from) Other Investing Activities $81.0m ($190.0m) ($166.0m) ($120.0m) $43.0m ($3.0m) $366.0m $93.0m $33.0m $43.0m —
Net cash used for investing activities ($3.0b) ($7.5b) ($8.2b) ($10.1b) ($7.6b) ($10.6b) ($11.6b) ($6.2b) ($8.3b) ($14.1b) —
Net Cash Provided by (Used in) Investing Activities ($3.0b) ($7.5b) ($8.2b) ($10.1b) ($7.6b) ($10.6b) ($11.6b) ($6.2b) ($8.3b) ($14.1b) ($24.9b)
Cash flows from financing activities:
Gain (Loss) on Extinguishment of Debt ($4.0m) ($99.0m) ($385.0m) ($396.0m) $40.0m ($1.0m) ($83.0m) $0 — ($59.0m) —
Proceeds from Issuance of Long-term Debt $2.2b $3.3b $1.0b $3.5b $5.0b $1.2b $2.0b $6.7b $999.0m $4.4b $0
Proceeds from issuance of debt $2.2b $3.3b $1.0b $3.5b $5.0b $1.2b $2.0b $6.7b $999.0m $4.4b $0
Repayments of debt ($870.0m) ($2.6b) ($10.2b) ($3.3b) ($4.4b) ($1.5b) ($2.0b) ($761.0m) ($1.9b) ($4.6b) ($10.4b)
Payments for Repurchase of Common Stock $148.0m $35.0m $71.0m $2.7b $251.0m $1.3b $2.4b $425.0m $300.0m $0 —
Payments of Ordinary Dividends, Common Stock — — — — — — $461.0m $504.0m $513.0m $522.0m ($567.0m)
Repurchases of common stock - repurchase program ($148.0m) ($35.0m) ($71.0m) ($2.7b) ($251.0m) ($1.3b) ($2.4b) ($425.0m) ($300.0m) $0 —
Payments of dividends to shareholders — — — — $0 $0 ($461.0m) ($504.0m) ($513.0m) ($522.0m) ($567.0m)
Net cash provided by (used for) financing activities $1.7b
$349.0m -80.00%
($7.8b) -2328.08%
($2.4b) +68.65%
($317.0m) +87.00%
($1.8b) -461.83%
($3.0b) -67.32%
$5.0b +267.21%
($1.8b) -136.97%
($850.0m) +53.85%
—
Net Cash Provided by (Used in) Financing Activities $1.7b
$349.0m -80.00%
($7.8b) -2328.08%
($2.4b) +68.65%
($317.0m) +87.00%
($1.8b) -461.83%
($3.0b) -67.32%
$5.0b +267.21%
($1.8b) -136.97%
($850.0m) +53.85%
($11.7b) -1277.65%
Net increase (decrease) in cash, cash equivalents, and restricted cash $1.9b $953.0m $1.4b $692.0m $411.0m $139.0m $510.0m $317.0m ($1.6b) $2.6b —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $19.0m $953.0m $1.4b $692.0m $411.0m $139.0m $510.0m $317.0m ($1.6b) $2.6b $25.0b
Cash, cash equivalents, and restricted cash at beginning of period $4.3b $5.2b $6.6b $7.3b $7.7b $7.8b $8.3b $8.7b $7.1b $9.6b —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $19.0m $5.2b $6.6b $7.3b $7.7b $7.8b $8.3b $8.7b $7.1b $9.6b $25.0b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $19.0m ($12.0m) ($37.0m) $26.0m $11.0m $41.0m ($106.0m) ($34.0m) $40.0m $6.0m $17.0m
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash $19.0m ($12.0m) ($37.0m) $26.0m $11.0m $41.0m ($106.0m) ($34.0m) $40.0m $6.0m —
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Derivative, Gain (Loss) on Derivative, Net $183.0m — — — — — — — — — —
Foreign Currency Transaction Gain (Loss), before Tax ($24.0m) ($74.0m) ($75.0m) ($9.0m) ($8.0m) — — — — ($72.0m) —
Gain (Loss) Related to Litigation Settlement $0 — — — — — — — — — —
Goodwill — $1.2b $1.2b $1.2b $1.2b $1.2b $1.2b $1.1b $1.1b $1.1b $0
Income Tax Expense (Benefit) $19.0m $114.0m $168.0m $693.0m $280.0m $394.0m $888.0m $177.0m $451.0m $1.1b —
Income Taxes Paid, Net $90.0m $99.0m $226.0m $524.0m $167.0m $361.0m $493.0m $532.0m $338.0m $583.0m —
Interest Expense Nonoperating — — — — — — — — $562.0m $477.0m —
Interest Paid, Excluding Capitalized Interest, Operating Activities $267.0m $468.0m $312.0m $53.0m $165.0m $171.0m $154.0m $323.0m $503.0m $418.0m —
Litigation Settlement Loss — — — — — — — — $0 $0 —
Non-cash transactions:
Proceeds from Noncontrolling Interests $37.0m — — — — — — — — — —
Proceeds from Stock Options Exercised — $142.0m — — — — — — — — —
Proceeds from government incentives $16.0m $21.0m $355.0m $748.0m $262.0m $495.0m $115.0m $710.0m $315.0m $2.0b —
Proceeds from maturities and sales of available-for-sale securities $3.7b $970.0m — — — — $1.6b $1.6b $1.8b $1.7b —
Purchases of available-for-sale securities ($1.0b) ($1.2b) ($760.0m) ($4.2b) ($1.9b) ($3.2b) ($1.8b) ($723.0m) ($2.0b) ($1.9b) —
Supplemental disclosure of cash flow information:

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.