Crucial 2015 Annual Report Download - page 101

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99
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 September 3,
2015 August 28,
2014 August 29,
2013
Net sales $ 5,547 $ 5,819 $ 4,404
Cost of goods sold 3,329 3,514 3,721
Gross margin 2,218 2,305 683
Selling, general and administrative 299 264 238
Research and development 1,483 1,389 921
Other operating (income) expense, net (12) 251 77
Operating income (loss) 448 401 (553)
Gain on MMJ Acquisition — (33) 1,484
Interest income (expense), net (273)(209)(189)
Other non-operating income (expense), net (85)(86)(248)
90 73 494
Income tax (provision) benefit 38 18 (1)
Equity in earnings (loss) of subsidiaries 2,773 2,956 703
Equity in net loss of equity method investees (2)(2)(6)
Net income attributable to Micron 2,899 3,045 1,190
Other comprehensive income (loss) (43)(7)(17)
Comprehensive income attributable to Micron $ 2,856 $ 3,038 $ 1,173
See accompanying notes to condensed financial statements.