Crucial 2013 Annual Report Download - page 119

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118
SCHEDULE I
CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT
MICRON TECHNOLOGY, INC.
(Parent Company Only)
CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(in millions)
For the year ended August 29,
2013 August 30,
2012 September 1,
2011
Net sales $ 4,404 $ 4,590 $ 6,141
Cost of goods sold 3,721 4,194 5,338
Gross margin 683 396 803
Selling, general and administrative 238 281 213
Research and development 921 917 761
Other operating (income) expense, net 77 18 (376)
Operating income (loss) (553)(820) 205
Gain on acquisition of Elpida 1,484 — —
Interest income and (expense), net (189)(160)(92)
Other non-operating income (expense), net (248) 17 (97)
494 (963) 16
Income tax (provision) benefit (1) 8 (48)
Equity in earnings (loss) of subsidiaries 703 29 244
Equity in net loss of equity method investees (6)(106)(45)
Net income (loss) attributable to Micron 1,190 (1,032) 167
Other comprehensive income (loss) (17)(52) 121
Comprehensive income (loss) attributable to Micron $ 1,173 $ (1,084) $ 288
See accompanying notes to condensed financial statements.