UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

October 10, 2017

Date of Report (date of earliest event reported)

 

MICRON TECHNOLOGY, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-10658

 

75-1618004

(State or other jurisdiction of
incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 

8000 South Federal Way

Boise, Idaho  83716-9632

(Address of principal executive offices)

 

(208) 368-4000

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

 

 

 



 

Item 8.01. Other Events.

 

In its Quarterly Reports on Form 10-Q for the first, second, and third quarters of fiscal 2017 (“Recent Quarterly Reports”), the Company revised the measure of segment profitability reviewed by its chief operating decision maker and, as a result, certain items are no longer allocated to its business segments. The Company is filing this current report on Form 8-K (“Current Report”) to provide revised segment reporting financial information with respect to the historical financial information included in its Annual Report on Form 10-K for the year ended September 1, 2016 (the “Annual Report”) in order to make such historical financial information consistent with the segment presentation set forth in the Company’s Recent Quarterly Reports and consistent with how the Company expects to present segment information in its future filings. This Current Report does not reflect events occurring after the October 28, 2016 filing date of the Annual Report and does not modify or update the disclosures therein except to update the new measure of segment profitability and to add a subsequent events footnote to Item 8. Financial Statements and Supplementary Data, presented in Exhibit 99.2, for significant events that occurred during the interim time between the filing dates of the Annual Report and this Current Report. Accordingly, the Company is presenting this revised measure of segment profitability of the Annual Report as follows:

 

·

Exhibit 99.1 —

Revised Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

·

Exhibit 99.2 —

Revised Item 8. Financial Statements and Supplementary Data

·

Exhibit 99.3 —

Item 15(a)(2). Financial Statement Schedules I and II

 

Investors are encouraged to check the documents the Company files from time to time with the Securities and Exchange Commission for information related to the Company’s business and results of operations subsequent to the date of the Annual Report.

 

The Company is also providing certain information regarding its business on Exhibit 99.4 to this report.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)  Exhibits

 

The following exhibits are attached herewith:

 

Exhibit

 

Description

23.1

 

Consent of Independent Registered Public Accounting Firm

99.1

 

Revised Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

99.2

 

Revised Item 8. Financial Statements and Supplementary Data as of September 1, 2016 and September 3, 2015 and for the fiscal years ended September 1, 2016, September 3, 2015, and August 28, 2014

99.3

 

Item 15(a)(2). Financial Statement Schedules I and II

99.4

 

Company Information

101.INS

 

XBRL Instance Document

101.SCH

 

XBRL Taxonomy Extension Schema Document

101.CAL

 

XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF

 

XBRL Taxonomy Extension Definition Linkbase Document

101.LAB

 

XBRL Taxonomy Extension Label Linkbase Document

101.PRE

 

XBRL Taxonomy Extension Presentation Linkbase Document

 

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INDEX TO EXHIBITS FILED WITH

THE CURRENT REPORT ON FORM 8-K

 

Exhibit

 

Description

23.1

 

Consent of Independent Registered Public Accounting Firm

99.1

 

Revised Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

99.2

 

Revised Item 8. Financial Statements and Supplementary Data as of September 1, 2016 and September 3, 2015 and for the fiscal years ended September 1, 2016, September 3, 2015, and August 28, 2014

99.3

 

Item 15(a)(2). Financial Statement Schedules I and II

99.4

 

Company Information

101.INS

 

XBRL Instance Document

101.SCH

 

XBRL Taxonomy Extension Schema Document

101.CAL

 

XBRL Taxonomy Extension Calculation Linkbase Document

101.DEF

 

XBRL Taxonomy Extension Definition Linkbase Document

101.LAB

 

XBRL Taxonomy Extension Label Linkbase Document

101.PRE

 

XBRL Taxonomy Extension Presentation Linkbase Document

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

MICRON TECHNOLOGY, INC.

 

 

 

 

 

 

Date:   October 10, 2017

By:

/s/ Ernest E. Maddock

 

Name:

Ernest E. Maddock

 

Title:

Senior Vice President and Chief Financial Officer

 

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