The income statement presents information on the financial results of a company’s business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
Micron Technology Inc., consolidated income statement
US$ in millions
Based on: 10-K (filing date: 2020-10-19), 10-K (filing date: 2019-10-17), 10-K (filing date: 2018-10-15), 10-K (filing date: 2017-10-26), 10-K (filing date: 2016-10-28), 10-K (filing date: 2015-10-27).
|Income statement item||Description||The company|
|Revenue||Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.||Micron Technology Inc.’s revenue decreased from 2018 to 2019 and from 2019 to 2020.|
|Operating income||The net result for the period of deducting operating expenses from operating revenues.||Micron Technology Inc.’s operating income decreased from 2018 to 2019 and from 2019 to 2020.|
|Income (loss) before income tax provision and equity in net income (loss) of equity method investees||Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.||Micron Technology Inc.’s income (loss) before income tax provision and equity in net income (loss) of equity method investees decreased from 2018 to 2019 and from 2019 to 2020.|
|Net income (loss) attributable to Micron||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||Micron Technology Inc.’s net income (loss) attributable to Micron decreased from 2018 to 2019 and from 2019 to 2020.|