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Micron made important progress in 2023 with our award-winning environmental, social and governance initiatives. These commitments are part of our business model and a key component of our vision as we collaborate inside and outside the company to deliver measurable results. Our efforts included partnering with industry peers and suppliers on the
Micron continues to make strong progress toward our sustainability, community and governance goals, and I’m proud of the work represented in these pages. I hope you enjoy reading our 2023 sustainability report and progress summary, and we invite your feedback. You can reach us by emailing sustainability@micron.com. Sanjay Mehrotra
Micron continues to make strong progress toward our sustainability, community and governance goals, and I’m proud of the work represented in these pages. I hope you enjoy reading our 2023 sustainability report and progress summary, and we invite your feedback. You can reach us by emailing sustainability@micron.com. Sanjay Mehrotra
Sep 27, 2023 · BOISE, Idaho, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its fourth quarter and full year of fiscal 2023, which ended August 31, 2023 ...
- Micron Technology, Inc.
- Forward-Looking Statements
- MICRON TECHNOLOGY, INC. CONSOLIDATED BALANCE SHEETS
- Cash flows from operating activities
- Cash flows from investing activities
- Cash flows from financing activities
- GAAP gross margin
- GAAP operating expenses
- GAAP operating income (loss)
- GAAP net income (loss)
- GAAP weighted-average common shares outstanding - Diluted
- GAAP net cash provided by operating activities
- Investments in capital expenditures, net Adjusted free cash flow
This press release contains forward-looking statements regarding our industry, our strategic position, and our financial and operating results. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially. Please refer to the documents we file with the Securities and Exchan...
(In millions) (Unaudited) Cash and equivalents Short-term investments Receivables Inventories Other current assets Total current assets Long-term marketable investments Property, plant, and equipment Operating lease right-of-use assets Intangible assets Deferred tax assets Goodwill Other noncurrent assets Total assets
Net income (loss) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation expense and amortization of intangible assets Provision to write down inventories to net realizable value Stock-based compensation Goodwill impairment Restructure and asset impairments Loss on debt repurchases and conversions Chan...
Expenditures for property, plant, and equipment Purchases of available-for-sale securities Proceeds from maturities of available-for-sale securities Proceeds from government incentives Proceeds from sales of available-for-sale securities Proceeds from sale of Lehi, Utah fab Other Net cash provided by (used for) investing activities
Proceeds from issuance of debt Repayments of debt Payments of dividends to shareholders Repurchases of common stock - repurchase program Payments on equipment purchase contracts Other Net cash provided by (used for) financing activities Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash Net increase (decreas...
Stock-based compensation Other Non-GAAP gross margin
Stock-based compensation Restructure and asset impairments Goodwill impairment Litigation settlement Other Non-GAAP operating expenses
Stock-based compensation Restructure and asset impairments Goodwill impairment Litigation settlement Other Non-GAAP operating income (loss)
Stock-based compensation Restructure and asset impairments Goodwill impairment Litigation settlement Loss on debt repurchases and conversions Other Impact of Idaho income tax reform Estimated tax effects of above and other tax adjustments Non-GAAP net income (loss)
Adjustment for stock-based compensation Non-GAAP weighted-average common shares outstanding - Diluted
Expenditures for property, plant, and equipment Proceeds from sales of property, plant, and equipment Payments on equipment purchase contracts Amounts funded by partners
The tables above reconcile GAAP to non-GAAP measures of gross margin, operating expenses, operating income (loss), net income (loss), diluted shares, diluted earnings (loss) per share, and adjusted free cash flow. The non-GAAP adjustments above may or may not be infrequent or nonrecurring in nature, but are a result of periodic or non-core operatin...
Jun 27, 2023 · In calendar year 2022, Micron joined more than 60 other member companies in founding the Semiconductor Climate Consortium, a group that focuses on reducing GHG emissions across the industry. Micron will also work with other partners to support technology initiatives that drive emissions reduction.
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Jun 27, 2024 · Micron s dedication to its environmental goals has yielded substantial progress. In 2023, the company reduced scope 1 greenhouse gas emissions by 11% compared to its 2020 baseline. The company is on track to source 100% renewable electricity in the U.S. by the end of 2025. Micron also
