Crucial 2012 Annual Report Download - page 58

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As of August 30, 2012 and September 1, 2011, other receivables included $63 million and $15 million, respectively, from
our foreign currency hedges. As of August 30, 2012 and September 1, 2011, other receivables included $34 million and $34
million, respectively, due from Intel for amounts related to NAND Flash and certain emerging memory technologies product
design and process development activities under cost-sharing agreements. As of August 30, 2012 and September 1, 2011, other
receivables also included $17 million and $25 million, respectively, due from Nanya for amounts related to DRAM product
design and process development activities under a cost-sharing agreement. (See "Derivative Financial Instruments,"
"Consolidated Variable Interest Entities," "Equity Method Investments" notes.)
Inventories
As of 2012 2011
Finished goods $ 512 $ 596
Work in process 1,148 1,342
Raw materials and supplies 152 142
$ 1,812 $ 2,080
Property, Plant and Equipment
As of 2012 2011
Land $ 92 $ 92
Buildings (includes $196 and $163, respectively, for capital leases) 4,714 4,481
Equipment (includes $919 and $712, respectively, for capital leases) 15,653 14,735
Construction in progress 43 155
Software 323 293
20,825 19,756
Accumulated depreciation (includes $253 and $430, respectively, for capital leases) (13,722)(12,201)
$ 7,103 $ 7,555
Depreciation expense was $2,053 million, $2,026 million and $1,826 million for 2012, 2011 and 2010, respectively. Other
noncurrent assets included buildings, equipment, and other assets classified as held for sale of $25 million as of August 30,
2012 and $35 million as of September 1, 2011.
Equity Method Investments
As of 2012 2011
Investment
Balance Ownership Percentage Investment Balance Ownership Percentage
Inotera $ 370 39.7% $ 388 29.7%
Transform 7 50.0% 87 50.0%
Other 12 Various 8 Various
$ 389 $ 483