Microsoft Excel LibreOffice Calc

Micron Technology Inc. (NASDAQ:MU)

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Income Statement

Beginner level

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

Microsoft Excel LibreOffice Calc
12 months ended Aug 29, 2019 Aug 30, 2018 Aug 31, 2017 Sep 1, 2016 Sep 3, 2015 Aug 28, 2014
Revenue
Cost of goods sold
Gross margin
Selling, general, and administrative
Research and development
Gain (loss) on disposition of property, plant, and equipment
Restructure and asset impairments
Rambus settlement
Other
Other operating income (expense), net
Operating income
Interest income
Interest expense
Loss on debt prepayments, repurchases, and conversions
Loss from changes in currency exchange rates
Gain on remeasurement of previously-held equity interest in Inotera
Gain from issuance of Inotera shares
Other
Other non-operating income (expense), net
Income before income tax provision and equity in net income (loss) of equity method investees
Income tax provision
Equity in net income (loss) of equity method investees
Net income (loss)
Net income attributable to noncontrolling interests
Net income (loss) attributable to Micron

Based on: 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), 10-K (filing date: 2014-10-27).

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 increased from 2017 to 2018 but then slightly decreased from 2018 to 2019 not reaching 2017 level.
Operating income The net result for the period of deducting operating expenses from operating revenues. Micron Technology Inc.’s operating income increased from 2017 to 2018 but then slightly decreased from 2018 to 2019 not reaching 2017 level.
Income 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 before income tax provision and equity in net income (loss) of equity method investees increased from 2017 to 2018 but then slightly decreased from 2018 to 2019 not reaching 2017 level.
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 increased from 2017 to 2018 but then slightly decreased from 2018 to 2019 not reaching 2017 level.