Micron Technology, Inc. (MU) FY2026 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-08-29 to 2026-09-03

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Micron Technology, Inc. cash flow reconciliation, Aug 29, 2025 through Sep 3, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $84,969,000,000.00Other noncurrent liabilities → Operating adjustments reconciliation: $9,633,000,000.00Depreciation expense and amortization of intangible assets → Operating adjustments reconciliation: $9,503,000,000.00Accounts payable and accrued expenses → Operating adjustments reconciliation: $8,707,000,000.00Other current liabilities → Operating adjustments reconciliation: $3,141,000,000.00Stock-based compensation → Operating adjustments reconciliation: $1,333,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $4,706,000,000.00Operating adjustments reconciliation → Receivables: $25,206,000,000.00Operating adjustments reconciliation → Inventories: $2,017,000,000.00Operating adjustments reconciliation → Other: $388,000,000.00Proceeds from customer contract liability deposits → financing reconciliation: $12,747,000,000.00Other → financing reconciliation: $313,000,000.00financing reconciliation → Net cash from financing activities: $630,000,000.00financing reconciliation → Repayments of debt: $10,043,000,000.00financing reconciliation → Repurchases of common stock - withholdings on employee equity awards: $1,127,000,000.00financing reconciliation → Repurchases of common stock - repurchase program: $650,000,000.00financing reconciliation → Payments of dividends to shareholders: $610,000,000.00Net cash used in investing activities → investing reconciliation: $61,641,000,000.00Proceeds from government incentives → investing reconciliation: $3,316,000,000.00Proceeds from maturities and sales of available-for-sale securities → investing reconciliation: $1,988,000,000.00investing reconciliation → Purchases of available-for-sale securities: $34,871,000,000.00investing reconciliation → Expenditures for property, plant, and equipment: $30,712,000,000.00investing reconciliation → Purchases of non-marketable equity securities: $1,046,000,000.00investing reconciliation → Other: $316,000,000.00Exchange-rate effect → Cash sources and uses: $81,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $9,646,000,000.00Net cash from operating activities → Cash sources and uses: $89,675,000,000.00Net cash from financing activities → Cash sources and uses: $630,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $38,391,000,000.00Cash sources and uses → Net cash used in investing activities: $61,641,000,000.00Net income: $84,969,000,000.00Net income+$84.97 BDepreciation expense and amortization of intangible assets: $9,503,000,000.00Depreciation & amortization+$9.50 BStock-based compensation: $1,333,000,000.00Stock-based compensation+$1.33 BReceivables: -$25,206,000,000.00Receivables, net−$25.21 BInventories: -$2,017,000,000.00Inventories−$2.02 BAccounts payable and accrued expenses: $8,707,000,000.00Payables & accrued liabilities+$8.71 BOther current liabilities: $3,141,000,000.00Other current liabilities+$3.14 BOther noncurrent liabilities: $9,633,000,000.00Other noncurrent liabilities+$9.63 BOther: -$388,000,000.00Other operating, net−$388.00 MNet cash from operating activities: $89,675,000,000.00Operating cash+$89.68 BOperating adjustments reconciliation: $32,317,000,000.00Proceeds from customer contract liability deposits: $12,747,000,000.00Customer deposits received+$12.75 BProceeds from issuance of debt: $0.00Repayments of debt: -$10,043,000,000.00Debt & capital securities repaid−$10.04 BRepurchases of common stock - withholdings on employee equity awards: -$1,127,000,000.00Stock-award tax withholding−$1.13 BRepurchases of common stock - repurchase program: -$650,000,000.00Common stock repurchases−$650.00 MPayments of dividends to shareholders: -$610,000,000.00Common dividends paid−$610.00 MOther: $313,000,000.00Other financing, net+$313.00 MNet cash from financing activities: $630,000,000.00Financing cash+$630.00 Mfinancing reconciliation: $13,060,000,000.00Purchases of available-for-sale securities: -$34,871,000,000.00AFS securities purchases−$34.87 BExpenditures for property, plant, and equipment: -$30,712,000,000.00PP&E purchases−$30.71 BPurchases of non-marketable equity securities: -$1,046,000,000.00Non-marketable equity purchases−$1.05 BProceeds from government incentives: $3,316,000,000.00Government incentives received+$3.32 BProceeds from maturities and sales of available-for-sale securities: $1,988,000,000.00AFS securities proceeds+$1.99 BOther: -$316,000,000.00Other investing, net−$316.00 MNet cash used in investing activities: -$61,641,000,000.00. Cash required to fund net payments.Investing cash−$61.64 Binvesting reconciliation: $66,945,000,000.00Cash sources and uses: $100,032,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $9,646,000,000.00Beginning cash$9.65 BEnding cash: Cash, cash equivalents, and restricted cash: $38,391,000,000.00Ending cash$38.39 BExchange-rate effect: $81,000,000.00FX effect+$81.00 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$58.96 BOperating cash − cash spent on PP&ECash flow / Net income1.06×Operating cash flow ÷ net incomeNet cash change+$28.75 BEnding cash − beginning cash
Chart details

Micron Technology, Inc. cash flow reconciliation, Aug 29, 2025 through Sep 3, 2026

Cash flows for Aug 29, 2025 through Sep 3, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Aug 28, 2025. Ending cash: Sep 3, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Aug 28, 2025
9,646,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
89,675,000,000 US dollars. Net cash provided.
Net income
84,969,000,000 US dollars
Depreciation expense and amortization of intangible assets
9,503,000,000 US dollars
Stock-based compensation
1,333,000,000 US dollars
Receivables
negative 25,206,000,000 US dollars
Inventories
negative 2,017,000,000 US dollars
Accounts payable and accrued expenses
8,707,000,000 US dollars
Other current liabilities
3,141,000,000 US dollars
Other noncurrent liabilities
9,633,000,000 US dollars
Other
negative 388,000,000 US dollars
Investing activities
negative 61,641,000,000 US dollars. Net cash used.
Purchases of available-for-sale securities
negative 34,871,000,000 US dollars
Expenditures for property, plant, and equipment
negative 30,712,000,000 US dollars
Purchases of non-marketable equity securities
negative 1,046,000,000 US dollars
Proceeds from government incentives
3,316,000,000 US dollars
Proceeds from maturities and sales of available-for-sale securities
1,988,000,000 US dollars
Other
negative 316,000,000 US dollars
Financing activities
630,000,000 US dollars. Net cash provided.
Proceeds from customer contract liability deposits
12,747,000,000 US dollars
Proceeds from issuance of debt
0 US dollars
Repayments of debt
negative 10,043,000,000 US dollars
Repurchases of common stock - withholdings on employee equity awards
negative 1,127,000,000 US dollars
Repurchases of common stock - repurchase program
negative 650,000,000 US dollars
Payments of dividends to shareholders
negative 610,000,000 US dollars
Other
313,000,000 US dollars
Operating adjustment reconciliation
32,317,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
13,060,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
66,945,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
81,000,000 US dollars
Ending cash on Sep 3, 2026
38,391,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
100,032,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
28,745,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.06×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
89,675,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
30,712,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
58,963,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $4.71B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 89,675,000,000 US dollars minus 30,712,000,000 US dollars equals 58,963,000,000 US dollars.
Micron Technology, Inc. (MU) FY2026 Annual Statement of Cash Flows Sankey chart
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