Crucial 2013 Annual Report Download - page 120
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119
SCHEDULE I
CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT
MICRON TECHNOLOGY, INC.
(Parent Company Only)
CONDENSED BALANCE SHEETS
(in millions except par value amounts)
As of August 29,
2013 August 30,
2012
Assets
Cash and equivalents $ 1,202 $ 2,012
Short-term investments 221 100
Receivables 159 210
Notes and accounts receivable from subsidiaries 826 1,278
Finished goods 88 96
Work in process 332 333
Raw materials and supplies 43 65
Other current assets 30 31
Total current assets 2,901 4,125
Investment in subsidiaries 7,465 4,722
Long-term marketable investments 499 374
Noncurrent notes receivable from and prepaid expenses to subsidiaries 573 738
Property, plant and equipment, net 1,613 1,876
Equity method investments 12 20
Other noncurrent assets 472 444
Total assets $ 13,535 $ 12,299
Liabilities and equity
Accounts payable and accrued expenses $ 650 $ 721
Short-term debt and accounts payable to subsidiaries 416 557
Current portion of long-term debt 646 154
Other current liabilities 44 83
Total current liabilities 1,756 1,515
Long-term debt 2,438 2,781
Other noncurrent liabilities 199 303
Total liabilities 4,393 4,599
Commitments and contingencies
Micron shareholders' equity:
Common stock, $0.10 par value, 3,000 shares authorized, 1,044.4 shares issued and
outstanding (1,017.7 as of August 30, 2012) 104 102
Other equity 9,038 7,598
Total Micron shareholders' equity 9,142 7,700
Total liabilities and equity $ 13,535 $ 12,299
See accompanying notes to condensed financial statements.