Micron Technology, Inc., Reports Results for the Third Quarter of Fiscal 2016

CONSOLIDATED FINANCIAL SUMMARY, Continued

As of  June 2,
 2016
  March 3,
 2016
  September 3,
 2015
Cash and short-term investments $4,981  $4,035  $3,521 
Receivables 2,073  1,984  2,507 
Inventories 2,920  2,608  2,340 
Total current assets 10,110  8,805  8,596 
Long-term marketable investments 671  1,108  2,113 
Property, plant, and equipment, net 13,209  11,819  10,554 
Total assets 27,001  24,819  24,143 
       
Accounts payable and accrued expenses 3,599  3,087  2,611 
Current debt (1)(3) 712  1,125  1,089 
Total current liabilities 4,500  4,411  3,905 
Long-term debt (1)(3) 8,919  6,494  6,252 
       
Total Micron shareholders' equity 12,187  12,264  12,302 
Noncontrolling interests in subsidiaries 847  975  937 
Total equity 13,034  13,239  13,239 
          


   Nine Months Ended
   June 2,
 2016
  June 4,
 2015
Net cash provided by operating activities $2,272  $4,178 
Net cash provided by (used for) investing activities (1,642) (4,722)
Net cash provided by (used for) financing activities 1,703  215 
     
Depreciation and amortization 2,360  2,062 
Expenditures for property, plant, and equipment (3,894) (2,256)
Proceeds from issuance of debt and equipment sale-leaseback transactions 2,704  2,463 
Repayments of debt   (689 )   (2,051 )
Cash paid to acquire treasury stock   (147 )   (245 )
             

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