MICRON TECHNOLOGY INC
For the period ended Aug 29, 2024. Filed Oct 4, 2024.
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FY2024 · Filed Oct 4, 2024
MU$725.11-1.1%Stored close · as of Nov 10, 2026
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Item 15. Exhibits and Financial Statement Schedule
(a) The following documents are filed as part of this report:
| 1 | Financial Statements: See our consolidated financial statements under Item 8. |
| 2 | Financial Statement Schedule:See “Schedule II – Valuation and Qualifying Accounts” within Item 15 below.Certain Financial Statement Schedules have been omitted since they are either not required, not applicable, or the information is otherwise included. |
| 3 | Exhibits. See “Index to Exhibits” within Item 15 below. |
97 | 2024 10-K
SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
| Balance atBeginning ofYear | Charged(Credited) toIncome TaxProvision | Currency Translation and Chargesto OtherAccounts | Balance atEnd ofYear | |
|---|---|---|---|---|
| Deferred Tax Asset Valuation Allowance | ||||
| Year ended August 29, 2024 | $528 | $57 | $8 | $593 |
| Year ended August 31, 2023 | 471 | 58 | (1) | 528 |
| Year ended September 1, 2022 | 233 | 241 | (3) | 471 |
Index to Exhibits
| Exhibit Number · Description of Exhibit · Filed Herewith · Form · Period Ending · Exhibit/ Appendix · Filing Date | |||||
|---|---|---|---|---|---|
| 3.1 | Restated Certificate of Incorporation of the Registrant | 8-K | 99.2 | 1/26/15 | |
| 3.2 | Amended and Restated Bylaws of Registrant as of July 18, 2024 | 8-K | 3.1 | 7/19/24 | |
| 4.1 | Indenture, dated as of February 6, 2019, by and between Micron Technology, Inc. and U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as Trustee | 8-K | 4.1 | 2/6/19 | |
| 4.2 | First Supplemental Indenture, dated as of February 6, 2019, by and between Micron Technology, Inc. and U.S. Bank National Association, as Trustee | 8-K | 4.2 | 2/6/19 | |
| 4.3 | Form of Note for Micron Technology, Inc.’s 4.975% Senior Notes due 2026 (included in Exhibit 4.2) | 8-K | 4.4 | 2/6/19 | |
| 4.4 | Form of Note for Micron Technology, Inc.’s 5.327% Senior Notes due 2029 (included in Exhibit 4.2) | 8-K | 4.5 | 2/6/19 | |
| 4.5 | Second Supplemental Indenture, dated as of July 12, 2019, by and between Micron Technology, Inc. and U.S. Bank National Association, as Trustee | 8-K | 4.2 | 7/12/19 | |
| 4.6 | Form of Note for Micron Technology, Inc.’s 4.185% Senior Notes due 2027 (included in Exhibit 4.5) | 8-K | 4.3 | 7/12/19 | |
| 4.7 | Form of Note for Micron Technology, Inc.’s 4.663% Senior Notes due 2030 (included in Exhibit 4.5) | 8-K | 4.4 | 7/12/19 | |
| 4.8 | Fourth Supplemental Indenture, dated as of November 1, 2021, by and between Micron Technology, Inc. and U.S. Bank National Association, as Trustee | 8-K | 4.2 | 11/1/21 | |
| 4.9 | Form of Note for Micron Technology, Inc.’s 2.703% Senior Notes due 2032 (included in Exhibit 4.8) | 8-K | 4.3 | 11/1/21 | |
| 4.10 | Form of Note for Micron Technology, Inc.’s 3.366% Senior Notes due 2041 (included in Exhibit 4.8) | 8-K | 4.4 | 11/1/21 | |
| 4.11 | Form of Note for Micron Technology, Inc.’s 3.477% Senior Notes due 2051 (included in Exhibit 4.8) | 8-K | 4.5 | 11/1/21 | |
| 4.12 | Description of Registrant’s Securities | 10-K | 9/1/22 | 4.12 | 10/7/22 |
| 4.13 | Fifth Supplemental Indenture, dated as of October 31, 2022, by and between Micron Technology, Inc. and U.S. Bank Trust Company, National Association, as Trustee | 8-K | 4.2 | 10/31/22 | |
| 4.14 | Form of Note for Micron Technology, Inc.’s 6.750% Senior Notes due 2029 (included in Exhibit 4.13) | 8-K | 4.3 | 10/31/22 | |
| 4.15 | Sixth Supplemental Indenture, dated as of February 9, 2023, by and between Micron Technology, Inc. and U.S. Bank Trust Company, National Association, as Trustee | 8-K | 4.3 | 2/9/23 | |
| 4.16 | Form of Note for Micron Technology, Inc.’s 5.875% Senior Notes due 2033 (included in Exhibit 4.15) | 8-K | 4.5 | 2/9/23 | |
| 4.17 | Seventh Supplemental Indenture, dated as of April 11, 2023, by and between Micron Technology, Inc. and U.S. Bank Trust Company, National Association, as Trustee | 8-K | 4.2 | 4/11/23 | |
| 4.18 | Form of Note for Micron Technology, Inc.’s 5.375% Senior Notes due 2028 (included in Exhibit 4.17) | 8-K | 4.3 | 4/11/23 | |
| 4.19 | Form of Note for Micron Technology, Inc.’s 5.875% Senior Notes due 2033 (included in Exhibit 4.17) | 8-K | 4.4 | 4/11/23 | |
| 4.20 | Eighth Supplemental Indenture, dated as of January 12, 2024, by and between Micron Technology, Inc. and U.S. Bank Trust Company, National Association, as Trustee | 8-K | 4.2 | 1/12/24 | |
| 4.21 | Form of Note for Micron Technology, Inc.’s 5.30% Senior Notes due 2031 (incorporated by reference from Exhibit 4.20 hereto) | 8-K | 4.3 | 1/12/24 | |
| 10.1* | Micron Technology, Inc. Executive Officer Performance Incentive Plan | DEF 14A | B | 12/7/17 | |
99 | 2024 10-K
| Exhibit Number · Description of Exhibit · Filed Herewith · Form · Period Ending · Exhibit/ Appendix · Filing Date | |||||
|---|---|---|---|---|---|
| 10.2* | Amended and Restated 2004 Equity Incentive Plan | 10-Q | 12/1/22 | 10.1 | 12/22/22 |
| 10.3* | 2004 Equity Incentive Plan Forms of Agreement and Terms and Conditions | 10-Q | 12/1/22 | 10.2 | 12/22/22 |
| 10.4* | Amended and Restated 2007 Equity Incentive Plan | DEF 14A | A | 12/1/20 | |
| 10.5* | 2007 Equity Incentive Plan Forms of Agreement and Terms and Conditions | 10-Q | 12/1/22 | 10.3 | 12/22/22 |
| 10.6* | Nonstatutory Stock Option Plan, as Amended | 10-K | 9/1/16 | 10.10 | 10/28/16 |
| 10.7* | Nonstatutory Stock Option Plan Form of Agreement and Terms and Conditions | 10-K | 9/1/16 | 10.11 | 10/28/16 |
| 10.8* | Form of Indemnification Agreement between the Registrant and its officers and directors | 10-Q | 2/27/14 | 10.3 | 4/7/14 |
| 10.9* | Form of Severance Agreement | 8-K | 99.2 | 11/1/07 | |
| 10.10* | Deferred Compensation Plan, as amended | 10-K | 8/31/23 | 10.10 | 10/6/23 |
| 10.11* | Amended and Restated Executive Agreement by and between Micron Technology, Inc. and Sanjay Mehrotra | 10-K | 9/1/22 | 10.11 | 10/7/22 |
| 10.12* | Severance Benefits for Sumit Sadana | 10-Q | 11/30/17 | 10.70 | 12/20/17 |
| 10.13* | Form of Amendment to Executive/Severance Agreement | 8-K | 99.1 | 11/13/17 | |
| 10.14* | Severance Benefits for Manish Bhatia | 10-Q | 11/30/17 | 10.74 | 12/20/17 |
| 10.15* | Micron Technology, Inc. Employee Stock Purchase Plan, as amended and restated | 10-Q | 6/2/22 | 10.1 | 7/1/22 |
| 10.16* | Severance Benefits for Mark Murphy | 10-Q | 6/2/22 | 10.3 | 7/1/22 |
| 10.17 | Credit Agreement, dated as of May 14, 2021, by and among Micron Technology, Inc., as borrower, HSBC Bank USA, National Association, as administrative agent, the other agents party thereto, and each financial institution party from time to time thereto | 10-Q | 6/3/21 | 10.22 | 7/1/21 |
| 10.18 | Term Loan Credit Agreement, dated as of May 14, 2021, by and among Micron Technology, Inc., as borrower, Wells Fargo Bank, National Association, as administrative agent, the other agents party thereto, and each financial institution party from time to time thereto | 10-Q | 6/3/21 | 10.23 | 7/1/21 |
| 10.19 | Term Loan Credit Agreement, dated as of November 3, 2022, by and among Micron Technology, Inc., as borrower, Wells Fargo Bank, National Association, as administrative agent, the other agents party thereto, and each financial institution party from time to time thereto | 10-Q | 12/1/22 | 10.4 | 12/22/22 |
| 10.20 | Incremental Amendment No. 1, dated as of January 5, 2023, to the Term Loan Credit Agreement, dated as of November 3, 2022, by and among Micron Technology, Inc., as borrower, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto | 10-Q | 3/2/23 | 10.1 | 3/29/23 |
| 10.21 | Amendment No. 1 to Term Loan Credit Agreement, dated as of March 27, 2023, by and among Micron Technology, Inc., as borrower, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto | 10-Q | 3/2/23 | 10.3 | 3/29/23 |
| 10.22 | Amendment No. 2 to Term Loan Credit Agreement, dated as of March 27, 2023, by and among Micron Technology, Inc., as borrower, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto | 10-Q | 3/2/23 | 10.2 | 3/29/23 |
| 10.23 | Amendment No. 1 to Credit Agreement, dated as of March 27, 2023, by and among Micron Technology, Inc., as borrower, HSBC Bank USA, National Association, as administrative agent, and the lenders party thereto | 10-Q | 3/2/23 | 10.4 | 3/29/23 |
| 10.24* | Form of Consent for Named Executive Officers | 10-Q | 3/2/23 | 10.5 | 3/29/23 |
| 10.25 | Amendment No. 2 to Credit Agreement, dated as of June 7, 2023, by HSBC Bank USA, National Association, as administrative agent | 10-Q | 6/1/23 | 10.1 | 6/29/23 |
| Exhibit Number | Description of Exhibit | Filed Herewith | Form | Period Ending | Exhibit/ Appendix | Filing Date |
|---|---|---|---|---|---|---|
| 10.26 | Amendment No. 2 to Term Loan Credit Agreement, dated as of June 7, 2023, by Wells Fargo Bank, National Association, as administrative agent | 10-Q | 6/1/23 | 10.2 | 6/29/23 | |
| 10.27* | Executive Officer Cash Severance Policy | 10-Q | 11/30/23 | 10.1 | 12/21/23 | |
| 10.28* | Severance Policy Acknowledgement Letter for Sanjay Mehrotra | 10-Q | 11/30/23 | 10.2 | 12/21/23 | |
| 10.29* | Amended and Restated Severance Agreement by and between Micron Technology, Inc. and Scott J. DeBoer | 10-Q | 11/30/23 | 10.3 | 12/21/23 | |
| 10.30* | Amended and Restated 2008 Director Compensation Plan | 10-Q | 11/30/23 | 10.4 | 12/21/23 | |
| 19.1 | Insider Trading Policy of the Registrant | X | ||||
| 21.1 | Subsidiaries of the Registrant | X | ||||
| 23.1 | Consent of Independent Registered Public Accounting Firm | X | ||||
| 31.1 | Rule 13a-14(a) Certification of Chief Executive Officer | X | ||||
| 31.2 | Rule 13a-14(a) Certification of Chief Financial Officer | X | ||||
| 32.1 | Certification of Chief Executive Officer Pursuant to 18 U.S.C. 1350 | X | ||||
| 32.2 | Certification of Chief Financial Officer Pursuant to 18 U.S.C. 1350 | X | ||||
| 97.1 | Compensation Recoupment (Clawback) Policy, as amended and restated | 10-K | 8/31/23 | 97.1 | 10/6/23 | |
| 101.INS | Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document | X | ||||
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document | X | ||||
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document | X | ||||
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document | X | ||||
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document | X | ||||
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document | X | ||||
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) | X | ||||
- Indicates management contract or compensatory plan or arrangement.
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