| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-08-28 | restructuring | in_progress | USD 30 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2025 employee severance charge of $30M (total restructure and asset impairments $39M); no employees-affected count or announcement date disclosed. The separate 2023 restructure plan (approx. 15% headcount reduction) was substantially completed in 2023 and is not counted here. | ||||||
| 2025-08-28 | restructuring | completed | 2023 | 2023-12-31 | Global | All functions | USD 39 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2025 charges of $39 million (primarily employee severance) relate to a restructure plan initiated in 2023. The 2023 plan reduced headcount by approximately 15% and was substantially completed in 2023. No specific employee count is disclosed for the 2025 charges. | ||
| 2024-08-29 | restructuring | completed | Global | Company-wide | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2024 employee severance charge of $1M; residual activity under the 2023 Restructure Plan, which reduced headcount approximately 15% by end of calendar 2023 and was substantially completed in 2023 (prior-year activity not extracted). | ||||
| 2024-08-29 | restructuring | completed | 15% | 2023 | 2023-12-31 | Global | All functions | USD 171 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | 2023 Restructure Plan reduced headcount by approx 15% by end of calendar 2023 via voluntary attrition and personnel reductions. Substantially completed in 2023. Charge of $171M incurred in 2023. | |
| 2024-05-30 | restructuring | completed | 15% | 2023-12-31 | USD 167 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2023 Restructure Plan reduced headcount ~15% via voluntary attrition and personnel reductions; substantially completed in 2023. Charges of $167 million (including $163 million employee severance) were recorded in the first nine months of fiscal 2023; no charges in fiscal 2024 periods. | ||||
| 2024-05-30 | restructuring | completed | 15% | 2023-01-01 | 2023-12-31 | Global | All segments | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2023 Restructure Plan reduced headcount by approx 15% via voluntary attrition and personnel reductions. Plan substantially completed in 2023. No charges recorded in Q3 2024. | |
| 2024-02-29 | restructuring | completed | 15% | 2023-01-01 | 2023-12-31 | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2023 Restructure Plan reduced headcount by approximately 15% via voluntary attrition and personnel reductions; substantially completed in 2023. No restructure charges recorded in fiscal 2024 periods; prior-year comparative charges of $86 million (Q2 2023) and $99 million (six months 2023) not extracted per current-period-only rule. | ||||
| 2024-02-29 | restructuring | completed | 15% | 2023 | 2023-12-31 | Global | All segments | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2023 Restructure Plan cut headcount about 15% via attrition and personnel reductions; substantially completed in calendar 2023. No restructure charges recorded in the current quarter or YTD 2024; absolute affected-employee count not disclosed. Included because the filing restates the program in this quarter's restructuring footnote. | ||
| 2024-02-29 | restructuring | completed | 15% | 2023-01-01 | 2023-12-31 | Global | All segments | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2023 Restructure Plan reduced headcount by approx 15% via voluntary attrition and personnel reductions. Plan substantially completed in 2023. No charges recorded in Q2 2024. | ||
| 2023-11-30 | restructuring | completed | 15% | 2023-01-01 | 2023-08-31 | other f5-10q / GLM-5.3-flash-fp4-HTML | Plan initiated in fiscal 2023 in response to challenging industry conditions; headcount reduced approximately 15% via voluntary attrition and personnel reductions; substantially completed in fiscal 2023. No restructuring charges recorded in the current quarter. | ||||
| 2023-11-30 | restructuring | completed | 15% | 2023 | 2023 | Global | Company-wide | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 15% headcount reduction via voluntary attrition and personnel reductions; plan substantially completed in 2023. Disclosed only in risk factors; no restructuring footnote, employee count, or charge presented for the current quarter. No restructuring or restructure/asset impairment charge recorded in Q1 FY2024 (line item was zero). | ||
| 2023-11-30 | restructuring | completed | 15% | 2023-12-31 | Global | All functions | Risk Factors f5-10q / Qwen3.6-27B-Q8_0 | 2023 Restructure Plan substantially completed in 2023; reduced headcount by approx 15% via voluntary attrition and personnel reductions. | |||
| 2023-08-31 | restructuring | in_progress | 15% | 2023-12-31 | Global | Company-wide | USD 171 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount reduction expected to approach 15% of workforce by end of calendar 2023 via voluntary attrition and personnel reductions; plan substantially completed in Q3 FY2023. Charge primarily employee severance; $167 million paid during 2023 with $4 million remaining liability. No absolute employee count or announcement date disclosed. Expected cost savings of approximately $130 million per quarter post-2023. | ||
| 2023-08-31 | restructuring | completed | 15% | 2023-01-01 | 2023-12-31 | Global | All functions | USD 171 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | 2023 Restructure Plan initiated in response to challenging industry conditions. Headcount reduction expected to approach 15% by end of calendar 2023 through voluntary attrition and personnel reductions. Plan substantially completed in 2023. | |
| 2023-06-01 | restructuring | in_progress | 15% | 2023-12-31 | USD 68 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Headcount reduction to approach 15% by end of calendar 2023 via voluntary attrition and personnel reductions; Q3 charge of $68 million primarily employee severance; nine-month charges $167 million; plan substantially completed in Q3 with $46 million severance liability remaining. | ||||
| 2023-06-01 | restructuring | in_progress | 15% | 2023-12-31 | USD 167 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month (year-to-date) restructure charges under the 2023 Restructure Plan, primarily employee severance; total expected costs approximately $170 million. | ||||
| 2023-06-01 | restructuring | in_progress | 15% | 2023-12-31 | Global | Company-wide | USD 167 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2023 Restructure Plan: headcount reduction expected to approach 15% by end of calendar 2023 via attrition and personnel reductions. Charges of $68M in Q3 and $167M in first nine months of FY2023, primarily severance. Plan substantially completed in Q3 2023; $46M accrued severance expected to be paid in Q4 2023. Expected savings ~$130M per quarter starting Q4 2023. No absolute employee count or announcement date disclosed. | ||
| 2023-06-01 | restructuring | in_progress | 15% | 2023-01-01 | 2023-12-31 | Global | All functions | USD 167 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2023 Restructure Plan initiated in response to challenging industry conditions. Headcount reduction to approach 15% by end of calendar 2023 via voluntary attrition and personnel reductions. YTD charges of $167 million primarily for employee severance. Plan substantially completed in Q3 with $46 million accrued severance remaining. | |
| 2023-03-02 | restructuring | in_progress | 15% | 2023-09-30 | USD 86 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Headcount reduction to approach 15% by end of calendar 2023 via voluntary attrition and personnel reductions; Q2 charge $86M, six-month charge $99M, total expected ~$160M with ~$60M more in H2 2023; ~$120M future cash payments substantially all in 2023; expected savings ~$130M per quarter starting Q4 2023; severance liability of $56M at quarter end | ||||
| 2023-03-02 | other | in_progress | 2023-02-05 | 2023-08-31 | Executive officers / company-wide | other f5-10q / GLM-5.3-flash-fp4-HTML | Executive base salaries reduced effective February 5, 2023 for remainder of fiscal 2023 as part of cost reductions; company-wide bonus suspended for 2023 per MD&A | ||||
| 2023-03-02 | restructuring | in_progress | 15% | 2023-08-31 | Global | Company-wide | USD 99 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2023 Restructure Plan initiated in response to challenging industry conditions; headcount reduction expected to approach 15% by end of calendar 2023 via voluntary attrition and personnel reductions. Charge shown is six-months-ended severance-related expense ($86M in Q2 alone); total expected plan costs ~$160M with ~$60M more expected in 2H 2023 and ~$120M of future cash payments. Filer does not disclose absolute employee counts or an announcement date. | ||
| 2023-03-02 | restructuring | in_progress | 15% | 2023-01-01 | 2023-12-31 | Global | All functions | USD 99 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiated 2023 Restructure Plan in response to challenging industry conditions. Headcount reduction to approach 15% by end of calendar 2023 via voluntary attrition and personnel reductions. Incurred $99M in charges for the six months ended March 2, 2023, primarily related to employee severance. Total expected costs approximately $160M. Plan expected to be substantially completed by end of Q3 2023. | |
| 2022-12-01 | restructuring | announced | 10% | 2022-12-21 | 2023-12-31 | Company-wide | USD 30 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Plan announced December 21, 2022 in response to challenging industry conditions; headcount reduction of approximately 10% over calendar 2023 via voluntary attrition and personnel reductions; charges of at least $30 million expected in Q2 fiscal 2023. Also disclosed in MD&A and Risk Factors. | ||
| 2022-12-01 | restructuring | announced | 10% | 2022-12-21 | 2023-12-31 | Global | Company-wide | USD 30 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 10% headcount reduction over calendar year 2023 via voluntary attrition and personnel reductions; charge is a floor ('at least $30 million') expected in fiscal Q2 2023. Same event also described in MD&A; extracted once from the subsequent events footnote. Implied absolute count not calculated per extraction rules. | |
| 2022-12-01 | restructuring | announced | 10% | 2022-12-21 | 2023-12-31 | Global | All segments | USD 30 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced Dec 21, 2022. Plan to reduce headcount by approx 10% over calendar 2023 via voluntary attrition and personnel reductions. Charges of at least $30M expected in Q2 FY2023. | |
| 2022-09-01 | plant_closure | completed | 2021-06-30 | 2021-10-22 | United States — Lehi, Utah | 3D XPoint production (MTU facility) | USD 23 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Lehi (MTU) facility to Texas Instruments closed 2021-10-22 in fiscal 2022 Q1; $23M loss on disposition recorded in FY2022 restructure and asset impairments. Employee headcount at the facility not disclosed. Prior-year $435M held-for-sale write-down (FY2021) excluded | ||
| 2022-06-02 | divestiture_reduction | completed | 2021-06-30 | 2021-10-22 | United States (Lehi, Utah) | 3D XPoint memory manufacturing | USD 23 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Lehi fab to Texas Instruments; no employee count disclosed. Loss of $23M recognized in Q1 FY2022 restructure and asset impairments; $893M proceeds received in Q1 FY2022. Prior $435M held-for-sale write-down charge was recorded in Q3 FY2021. | ||
| 2022-03-03 | divestiture_reduction | completed | 2021-06-30 | 2021-10-22 | United States (Lehi, Utah) | 3D XPoint manufacturing | USD 23 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Lehi fab to Texas Instruments; $23M loss recognized in restructure and asset impairments in Q1 2022 upon receipt of $893M proceeds. Filing does not disclose associated headcount. | ||
| 2022-03-03 | restructuring | completed | 2021-06-30 | 2022-03-03 | Lehi, Utah | 3D XPoint / Manufacturing | USD 23 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Lehi facility to Texas Instruments closed in Q1 2022. Recognized $23 million loss in restructure and asset impairments. Employee count affected not disclosed. | ||
| 2021-12-02 | divestiture_reduction | completed | 2021-06-30 | 2021-10-22 | Lehi, Utah, United States | 3D XPoint production facility | USD 23 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Sale of Lehi fab to Texas Instruments closed October 22, 2021; $893 million received in Q1 FY2022; $23 million loss recognized in restructure and asset impairments. No employee headcount affected was disclosed. | ||
| 2021-12-02 | plant_closure | completed | 2021-06-30 | 2021-10-22 | Lehi, Utah, United States | 3D XPoint memory manufacturing | USD 23 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of the Lehi fab to Texas Instruments closed October 22, 2021; $893 million received and $918 million of net assets disposed. A $23 million loss was recognized in restructure and asset impairments in Q1 2022 (total restructure and asset impairments for the quarter were $38 million). No employee count, severance amount, or headcount impact is disclosed for this action. | ||
| 2021-12-02 | plant_closure | completed | 2021-06-30 | 2021-10-22 | Lehi, Utah | 3D XPoint | USD 23 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Lehi facility to Texas Instruments closed Oct 22, 2021. Recognized $23M loss in restructure and asset impairments. Employee count not disclosed. | ||
| 2021-09-02 | divestiture_reduction | in_progress | 2021-06-30 | 2022-03-31 | United States — Lehi, Utah | Compute and Networking Business Unit (CNBU) — 3D XPoint operations | USD 435 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Micron ceased 3D XPoint development and agreed to sell the Lehi facility to Texas Instruments for $900 million cash; a $435 million impairment was recorded to write assets down to expected consideration. No employee headcount impact is disclosed. A separate $49 million 3D XPoint inventory write-down was charged to cost of goods sold in Q2 FY2021. | ||
| 2021-06-03 | divestiture_reduction | announced | 2021-06-30 | 2021-12-31 | Lehi, Utah, United States | CNBU (3D XPoint production) | USD 435 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement to sell Lehi facility dedicated to 3D XPoint production to Texas Instruments for $900 million cash; no employee headcount affected was disclosed. Impairment charge of $435 million recorded in Q3 2021 with a related $104 million tax benefit; sale anticipated to close later in the calendar year. | ||
| 2021-06-03 | plant_closure | announced | 2021-06-30 | Lehi, Utah, United States | Compute and Networking Business Unit (CNBU) — 3D XPoint operations | USD 435 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Micron ceased 3D XPoint development in Q2 2021, classified the Lehi facility as held for sale, and announced a definitive agreement to sell the facility to Texas Instruments for $900 million cash; sale expected to close later in calendar 2021. A $435 million impairment was recognized in Q3 2021 (with a $104 million tax benefit). No employee headcount affected was disclosed; a separate $49 million 3D XPoint inventory write-down was recorded in Q2 2021. | |||
| 2021-06-03 | restructuring | in_progress | 2021-06-30 | United States | Compute and Networking Business Unit | USD 435 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Ceased development of 3D XPoint technology; classified Lehi facility assets as held for sale. Recognized $435 million impairment charge to write down assets to expected consideration net of selling costs. Sale to Texas Instruments announced June 30, 2021. | |||
| 2021-03-04 | plant_closure | in_progress | 2021-03-04 | 2021-12-31 | Lehi, Utah, United States | CNBU (3D XPoint technology development and production) | USD 49 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Company ceased 3D XPoint development at quarter-end, classified $1.44 billion of Lehi facility PP&E as held for sale, ceased depreciating the assets, and recognized a $49 million charge to cost of goods sold to write down 3D XPoint inventory; sale agreement expected within calendar 2021. No employee headcount affected was disclosed. | ||
| 2021-03-04 | plant_closure | in_progress | 2021-03-04 | 2021-12-31 | Lehi, Utah, United States | Compute and Networking Business Unit (CNBU) — 3D XPoint development and production | USD 49 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Micron ceased 3D XPoint development effective end of Q2 FY2021 and classified the Lehi facility as held-for-sale; $49M charge was an inventory write-down, not severance. No employee count or severance accrual disclosed; sale expected within calendar 2021. | ||
| 2021-03-04 | restructuring | in_progress | Unallocated | USD 13 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge of $13M for the six months ended March 4, 2021, of which $5M was recognized in the second quarter; no employee counts, severance detail, or completion timing disclosed. | |||||
| 2021-03-04 | plant_closure | in_progress | 2021-03-04 | 2021-12-31 | Lehi, Utah | Compute and Networking Business Unit (CNBU) | USD 49 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Ceased development of 3D XPoint technology; engaged in discussions for sale of Lehi facility. Recognized $49 million charge to write down 3D XPoint inventory. Employee count not disclosed. | ||
| 2020-09-03 | restructuring | in_progress | United States | USD 60 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2020 restructure and asset impairments line of $60 million related primarily to right-sizing the Lehi, Utah facility (asset impairments plus employee relocation and severance costs); no employee count, announcement date, or completion timeline disclosed. Charge figure is the full line-item total, not a Lehi-only amount. | |||||
| 2020-09-03 | restructuring | completed | Lehi, Utah | USD 60 (millions) | Other Operating (Income) Expense, Net f5-10k / Qwen3.6-27B-Q8_0 | Restructure and asset impairments primarily related to asset impairments and employee relocation and severance costs related to right-sizing Lehi, Utah facility. | |||||
| 2020-02-27 | restructuring | in_progress | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Q2 2020 restructure and asset impairments expense of $10 million. No employee count disclosed. | ||||||
| 2020-02-27 | restructuring | in_progress | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | YTD 2020 restructure and asset impairments expense of $6 million. No employee count disclosed. | ||||||
| 2020-02-27 | other | in_progress | MD&A f5-10q / Qwen3.6-27B-Q8_0 | YTD 2020 employee severance expense of $1 million. No employee count disclosed. | |||||||
| 2019-11-28 | restructuring | in_progress | Unallocated | USD 1 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Unallocated employee severance expense of $1 million in the three months ended November 28, 2019 (vs. $20 million in the prior-year quarter) indicates ongoing separations, but the filing discloses no affected-employee count, announcement date, or completion timeline. No dedicated restructuring footnote appears in this 10-Q. | |||||
| 2019-08-29 | restructuring | in_progress | USD 116 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Full-year FY2019 employee severance expense shown as an unallocated item; no headcount, geography, or program timeline disclosed. | ||||||
| 2019-08-29 | plant_closure | completed | Singapore | USD 128 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the 200mm fabrication facility in Singapore finalized during FY2019; recognized a restructure gain of $128 million. No workforce impact disclosed. | |||||
| 2019-08-29 | acquisition_addition | announced | 2019-01 | 2019-10-31 | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Option exercised January 2019 to acquire Intel's interest in IMFT; approximately $1.4 billion payment expected in Q1 2020. Closing set for after fiscal year-end; no headcount disclosed. | |||||
| 2019-05-30 | restructuring | in_progress | Centralized key functions | USD 9 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructure and asset impairments of $9 million in Q3 FY2019 (part of $93 million for first nine months) tied to centralizing certain key functions; no employee counts disclosed. Restructure accrual of $23 million in other current liabilities as of May 30, 2019. | |||||
| 2019-05-30 | divestiture_reduction | announced | Singapore | 200mm fabrication facility | USD 120 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Sale of the 200mm fabrication facility in Singapore finalized after quarter-end, with an expected gain of approximately $120 million in Q4 FY2019; no headcount impact disclosed. | ||||
| 2019-05-30 | restructuring | in_progress | Not specified | Unallocated corporate functions | USD 37 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee severance of $37 million charged in the first nine months of fiscal 2019 as part of a reorganization emphasizing centralization of key functions; no employee count or timing disclosed. Related restructure and asset impairment charges of $93 million for the nine-month period. | ||||
| 2019-05-30 | plant_closure | completed | Singapore | Manufacturing (200mm fabrication facility) | USD 120 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of the 200mm fabrication facility finalized after quarter end; expected gain of approximately $120 million in Q4 2019. No associated headcount reduction disclosed. | ||||
| 2019-05-30 | restructuring | in_progress | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge for 'Restructure and asset impairments' primarily related to centralizing key functions. Employee count not disclosed. | ||||||
| 2019-05-30 | restructuring | in_progress | USD 93 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD charge for 'Restructure and asset impairments'. Employee count not disclosed. | ||||||
| 2019-02-28 | restructuring | in_progress | Centralized key functions | USD 51 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructure and asset impairments of $51 million in the quarter primarily relate to centralizing certain key functions; no employee counts disclosed. Restructure accrual of $54 million in other current liabilities as of 2019-02-28. | |||||
| 2019-02-28 | restructuring | in_progress | Unallocated / corporate functions | USD 37 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee severance of $37M for six months ended 2019-02-28 ($17M in Q2) and restructure/asset impairment charges of $81M YTD ($51M in Q2) tied to centralizing key functions; no employee counts, announcement date, or completion timing disclosed. Other operating expense note shows $84M YTD restructure and asset impairments including $46M unrealized losses on assets held for sale. | |||||
| 2019-02-28 | restructuring | in_progress | USD 51 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charge relates to continued emphasis to centralize certain key functions. Employee count not disclosed. | ||||||
| 2019-02-28 | restructuring | in_progress | USD 84 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | YTD charge relates to continued emphasis to centralize certain key functions. Employee count not disclosed. | ||||||
| 2018-11-29 | restructuring | in_progress | Centralization of certain key functions | USD 33 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Q1 FY2019 restructure and asset impairments of $33 million included $16 million from continued centralization of key functions and $16 million of impairments writing off certain property, plant, and equipment. No employee counts disclosed. | |||||
| 2018-11-29 | restructuring | in_progress | Corporate functions | USD 16 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2019 restructure costs of $16M tied to continued centralization of key functions; no employee count, announcement date, or completion date disclosed. Separate $16M of the $33M total was asset impairment, not workforce-related. | |||||
| 2018-11-29 | restructuring | in_progress | USD 33 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $16M for centralizing key functions and $16M for PP&E write-offs. Employee count not disclosed. | ||||||
| 2018-11-29 | restructuring | in_progress | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-08-30 | restructuring | in_progress | Not specified | Corporate functions | USD 28 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2018 restructure and asset impairments charge of $28M, described as driven by continued effort to centralize certain key functions; no employee counts, dates, or program status disclosed. | ||||
| 2018-08-30 | restructuring | completed | USD 28 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructure and asset impairments of $28 million in 2018 primarily consisted of costs incurred as a result of continued emphasis to centralize certain key functions. Employee count not disclosed. | ||||||
| 2018-05-31 | restructuring | in_progress | 2016-09-01 | USD 8 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Restructure plan initiated in 2016 included project eliminations, closure of open headcount requisitions, and workforce reductions; Q3 FY2018 unallocated restructure and asset impairment charge of $8 million ($21 million for first nine months). No employee counts disclosed in this 10-Q. | |||||
| 2018-03-01 | restructuring | completed | USD 7 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructure and asset impairments charge of $7 million recorded in the quarter ended March 1, 2018. Employee count not disclosed. | ||||||
| 2018-03-01 | restructuring | completed | USD 13 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructure and asset impairments charge of $13 million recorded in the six months ended March 1, 2018. Employee count not disclosed. | ||||||
| 2017-11-30 | restructuring | completed | Global | Various | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filing discloses $6 million in 'Restructure and asset impairments' charges for Q1 2018. Risk factors mention prior actions including sale of Akita facility, Tera Probe interest, Singapore fab assets, and Lexar brand, but do not quantify current quarter headcount impact. | ||||
| 2017-08-31 | restructuring | in_progress | 2016-06-30 | Global | Multiple areas of business | USD 18 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructure plan initiated in fiscal 2016; $18M of charges recorded in fiscal 2017 (fiscal 2016: $67M). Included project eliminations, closure of open requisitions and workforce reductions; number of employees affected not disclosed. Company does not expect additional material charges. | |||
| 2017-08-31 | divestiture_reduction | completed | 2017-06-30 | Japan | Assembly and test | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Akita, Japan assembly and test facility in fiscal 2017, together with the 40% Tera Probe interest; headcount not disclosed. Exact transaction dates not specified in filing. | ||||
| 2017-08-31 | divestiture_reduction | completed | 2017-06-30 | Singapore | Wafer fabrication (200mm) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of assets associated with 200mm fabrication facility in Singapore; additional gain of approximately $100M expected in 2019 upon completion of the sale. Headcount not disclosed. | ||||
| 2017-08-31 | divestiture_reduction | completed | 2017-06-30 | Global | Lexar brand | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of assets related to the Lexar brand in fiscal 2017; headcount not disclosed. | ||||
| 2017-08-31 | acquisition_addition | completed | 2016-12-06 | 2016-12-06 | Taiwan | DRAM manufacturing (CNBU) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of remaining 67% interest in Inotera (now MTTW) closed December 6, 2016, within fiscal 2017; results consolidated from that date. Headcount added not disclosed; transaction costs of $13M included in SG&A for fiscal 2017. | |||
| 2017-08-31 | restructuring | completed | 2016 | Global | Various | USD 18 (millions) | Item 1A. Risk Factors f5-10k / Qwen3.6-27B-Q8_0 | Plan initiated in 2016 included workforce reductions and project eliminations. $18 million charge incurred in 2017. | |||
| 2017-08-31 | plant_closure | completed | 2017 | Akita, Japan | Assembly and Test | Item 1A. Risk Factors f5-10k / Qwen3.6-27B-Q8_0 | Sold assembly and test facility located in Akita, Japan in 2017. | ||||
| 2017-08-31 | divestiture_reduction | completed | 2017 | Singapore | Manufacturing | Item 1A. Risk Factors f5-10k / Qwen3.6-27B-Q8_0 | Sold assets associated with 200mm fabrication facility in Singapore in 2017. | ||||
| 2017-08-31 | divestiture_reduction | completed | 2017 | Global | Storage | Item 1A. Risk Factors f5-10k / Qwen3.6-27B-Q8_0 | Sold assets related to Lexar brand in 2017. | ||||
| 2017-08-31 | restructuring | in_progress | Fourth Quarter of 2016 Restructuring Plan [Member] | USD 33,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-06-01 | restructuring | in_progress | 2016-09-02 | USD 33 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Plan initiated in Q4 FY2016; included project eliminations, closure of open headcount requisitions, and workforce reductions. Charges of $33 million in first nine months of FY2017 and $58 million in Q4 FY2016; no additional material charges expected. Accrued liabilities of $24 million as of September 1, 2016 substantially all paid in first nine months of FY2017. Employee count not disclosed. | |||||
| 2017-06-01 | divestiture_reduction | in_progress | 2017-04-14 | 2017-09-28 | Japan | Assembly and test facility (Akita) and 40% interest in Tera Probe | USD 11 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Agreement to sell Akita assembly and test facility and 40% Tera Probe ownership for aggregate consideration of $60 million, substantially all cash. Tera Probe sale completed in Q3 FY2017; Akita facility sale expected to close in Q4 FY2017. Loss of $11 million recognized in Q3 FY2017. Headcount affected not disclosed. | ||
| 2017-06-01 | restructuring | in_progress | Global | Multiple | USD 33 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2016 Restructuring Plan initiated in fiscal Q4 2016; $33M charged in first nine months of 2017 and $58M in fiscal Q4 2016. Includes project eliminations, headcount requisition closures, and workforce reductions; no employee counts disclosed. Company does not expect additional material charges. | ||||
| 2017-06-01 | divestiture_reduction | in_progress | 2017-04-14 | 2017-08-31 | Japan | Assembly and test operations (Akita facility); Tera Probe 40% equity interest | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell Akita assembly/test facility and 40% Tera Probe stake for $60M aggregate consideration; Tera Probe sale completed in fiscal Q3 2017, Akita facility sale expected to close in fiscal Q4 2017. $11M loss recognized in fiscal Q3 2017; no employee counts disclosed. | ||
| 2017-06-01 | acquisition_addition | completed | 2016-12-06 | 2016-12-06 | Taiwan | DRAM manufacturing (CNBU) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of remaining 67% of Inotera (now MTTW) closed December 6, 2016; results consolidated from that date. No headcount added through the acquisition is disclosed. | |||
| 2017-06-01 | restructuring | in_progress | 2016-10-01 | USD 33 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 Restructuring Plan initiated in Q4 2016; $33M incurred in first nine months of 2017. Employee count not disclosed. | |||||
| 2017-06-01 | restructuring | completed | 2017-04-14 | 2017-09-30 | Japan | Assembly and Test | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Akita facility and Tera Probe interest. Tera Probe sale completed in Q3 2017; Akita facility sale expected in Q4 2017. Employee count not disclosed. | ||
| 2017-06-01 | restructuring | in_progress | Fourth Quarter of 2016 Restructuring Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-02 | restructuring | in_progress | 2016-10-01 | USD 33 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2016 Restructuring Plan initiated in Q4 FY2016; includes project eliminations, closure of open headcount requisitions, and workforce reductions in certain areas. Charges of $33 million in first six months of FY2017 ($4 million in Q2) and $58 million in Q4 FY2016; no additional material charges expected. Accrued liabilities of $9 million as of March 2, 2017. No employee counts disclosed. | |||||
| 2017-03-02 | restructuring | in_progress | 2016 | USD 33 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan initiated in fiscal Q4 2016; $33M charged in the six months ended 2017-03-02 (plus $58M in fiscal Q4 2016). Includes headcount reductions, closed requisitions, and project eliminations, but no employee counts are disclosed. Accrued liability was $9M at 2017-03-02; company does not expect additional material charges. | |||||
| 2017-03-02 | acquisition_addition | completed | 2016-12-06 | Taiwan | DRAM manufacturing (Inotera) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the remaining 67% of Inotera closed 2016-12-06 and its results were consolidated thereafter; no headcount added through the acquisition is disclosed in this filing. | ||||
| 2017-03-02 | restructuring | in_progress | 2016-10-01 | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 Restructuring Plan initiated in Q4 2016. $4M charge in Q2 2017. Employee count not disclosed. | |||||
| 2017-03-02 | restructuring | in_progress | 2016-10-01 | USD 33 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 Restructuring Plan initiated in Q4 2016. $33M charge YTD 2017. Employee count not disclosed. | |||||
| 2017-03-02 | restructuring | in_progress | Fourth Quarter of 2016 Restructuring Plan [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-01 | restructuring | in_progress | 2016-09-01 | CNBU and MBU operating segments primarily | USD 29 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Plan initiated in Q4 FY2016; includes elimination of certain projects and programs, permanent closure of open headcount requisitions, workforce reductions, and other non-headcount spending reductions. Charges of $29 million in Q1 FY2017 and $58 million in Q4 FY2016; no additional material charges expected. Accrued liabilities of $17 million as of December 1, 2016. Employee count not disclosed. | ||||
| 2016-12-01 | acquisition_addition | announced | 2016-12-06 | 2016-12-06 | Taiwan | DRAM manufacturing (Inotera Memories, Inc.) | USD 4,100 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Acquired remaining 67% interest in Inotera for $4.1 billion cash, funded by 2021 Term Loan (NT$80 billion / $2.5 billion), sale of 58 million shares to Nanya for $981 million, and cash on hand. Headcount added not disclosed; purchase price allocation pending. | ||
| 2016-12-01 | restructuring | in_progress | 2016-08-01 | Global | CNBU; MBU | USD 29 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2016 Restructuring Plan initiated in Q4 2016; includes workforce reductions, project eliminations, and headcount requisition closures. $29M charged in Q1 2017; $58M in Q4 2016. No employee count disclosed. Accrued liability $17M at quarter-end. | |||
| 2016-12-01 | acquisition_addition | announced | 2016-12-06 | 2016-12-06 | Taiwan | DRAM manufacturing | USD 4,100 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining 67% of Inotera for $4.1B cash; Inotera consolidates from Dec 6, 2016. No headcount addition disclosed. | ||
| 2016-12-01 | restructuring | in_progress | 2016-10-01 | CNBU, MBU | USD 29 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2016 Restructuring Plan initiated in Q4 2016 includes workforce reductions. Q1 2017 charges of $29M incurred; no additional material charges expected. Employee count not disclosed. | ||||
| 2016-12-01 | restructuring | in_progress | Fourth Quarter of 2016 Restructuring Plan [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-09-01 | restructuring | in_progress | Global | USD 80 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2016 Restructuring Plan initiated in the fourth quarter of fiscal 2016; $58 million of the $80 million expected charge incurred in fiscal 2016 with the remainder expected in early fiscal 2017. Plan comprises project/program eliminations, closure of open headcount requisitions, workforce reductions in certain areas, and non-headcount spending cuts; expected savings of approximately $80 million per quarter in 2017. No employee count disclosed. $24 million accrued as of September 1, 2016. | |||||
| 2016-09-01 | restructuring | in_progress | 2016-09-01 | 2017-03-31 | Global | Various | USD 80 (millions) | Item 1A. Risk Factors f5-10k / Qwen3.6-27B-Q8_0 | Initiated in Q4 2016; expects $80M in charges, substantially all in cash. $58M incurred in 2016, remainder in early 2017. Includes workforce reductions and project closures. | ||
| 2016-09-01 | restructuring | in_progress | Fourth Quarter of 2016 Restructuring Plan [Member] | USD 58,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-06-02 | restructuring | announced | 2016-06-02 | 2017-03-31 | USD 70 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Cost savings program targeting approximately $80 million per quarter of savings in 2017 via focused projects, closure of open headcount requisitions, workforce reductions, and non-headcount spending cuts. Charges expected substantially all in cash, majority in Q4 2016 with remainder in early 2017. No employee count disclosed. | ||||
| 2016-06-02 | restructuring | completed | 2015-12-03 | 2016-06-02 | Agrate, Italy | Manufacturing | USD 9 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Q1 2016 charges for restructure of manufacturing activities in Agrate, Italy; no significant additional costs anticipated as of June 2, 2016. No employee count disclosed. | ||
| 2016-06-02 | plant_closure | completed | 2015-12-03 | 2016-06-02 | Aguadilla, Puerto Rico | Module assembly and test | USD 5 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Q1 2016 severance benefits and equipment-related retirement and impairment costs to close the module assembly and test facility; no significant additional costs anticipated as of June 2, 2016. No employee count disclosed. | ||
| 2016-06-02 | restructuring | announced | Company-wide | USD 70 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer states the plan was initiated in the fourth quarter of 2016 (i.e., after the June 2, 2016 quarter end); no specific announcement date disclosed. Plan includes closing open headcount requisitions, workforce reduction in certain areas, and other spending cuts, targeting roughly $80 million per quarter of savings in 2017. Expected $70 million charge, substantially all cash, majority in fiscal Q4 2016 with the remainder in early 2017. Number of employees affected not disclosed. | |||||
| 2016-06-02 | plant_closure | completed | Puerto Rico | Module assembly and test (Aguadilla facility) | USD 5 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of the module assembly and test facility in Aguadilla, Puerto Rico; $5 million recorded in the fiscal first quarter of 2016 covering severance benefits plus equipment retirement and impairment costs. Filer states no significant additional costs expected as of June 2, 2016. Employee count not disclosed. | ||||
| 2016-06-02 | restructuring | completed | Italy | Manufacturing (Agrate site) | USD 9 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructure of manufacturing activities in Agrate, Italy; $9 million charge recorded in the fiscal first quarter of 2016. Filer states no significant additional costs expected as of June 2, 2016. Employee count not disclosed. | ||||
| 2016-06-02 | restructuring | announced | 2016-06-02 | 2017-03-31 | Global | Various | USD 70 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Initiated in Q4 2016 (subsequent event). Plan includes workforce reduction and permanent closure of open headcount requisitions. Expected savings of $80M per quarter in 2017. Majority of charges expected in Q4 2016, remainder in early 2017. | ||
| 2016-06-02 | restructuring | completed | 2016-01-01 | 2016-06-02 | Italy, Puerto Rico | Manufacturing | USD 14 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Q1 2016 charges: $9M for Agrate, Italy manufacturing restructure; $5M for Aguadilla, Puerto Rico module assembly/test facility closure (severance and equipment retirement). No significant additional costs anticipated as of June 2, 2016. | ||
| 2016-03-03 | restructuring | completed | Agrate, Italy | Manufacturing | USD 9 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter 2016 charges for restructure of manufacturing activities in Agrate, Italy; no employee count disclosed. Company stated no significant additional costs anticipated as of March 3, 2016. | ||||
| 2016-03-03 | plant_closure | completed | Aguadilla, Puerto Rico | Module assembly and test | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | First quarter 2016 severance benefits and equipment-related retirement and impairment costs to close module assembly and test facility; no employee count disclosed. | ||||
| 2016-03-03 | restructuring | completed | 2015-12-04 | Agrate, Italy | Manufacturing | USD 9 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | First quarter of fiscal 2016 charge for restructure of manufacturing activities; no employee count disclosed. | |||
| 2016-03-03 | plant_closure | completed | 2015-12-04 | Aguadilla, Puerto Rico | Module assembly and test | USD 5 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | First quarter of fiscal 2016 charge to close module assembly and test facility; includes severance benefits and equipment-related retirement/impairment costs. No employee count disclosed. | |||
| 2016-03-03 | restructuring | completed | 2016-01-01 | 2016-03-03 | Italy | Manufacturing | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructure of manufacturing activities in Agrate, Italy. Employee count not disclosed. | ||
| 2016-03-03 | plant_closure | completed | 2016-01-01 | 2016-03-03 | Puerto Rico | Manufacturing | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of module assembly and test facility in Aguadilla, Puerto Rico. Includes severance benefits and equipment-related retirement/impairment. Employee count not disclosed. | ||
| 2015-12-03 | restructuring | completed | 2015-12-03 | Agrate, Italy | Manufacturing | USD 9 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Charges for restructure of manufacturing activities; no significant additional costs anticipated as of quarter end. Employee count not disclosed. | |||
| 2015-12-03 | plant_closure | completed | 2015-12-03 | Aguadilla, Puerto Rico | Module assembly and test | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance benefits and equipment-related retirement and impairment costs to close module assembly and test facility; employee count not disclosed. | |||
| 2015-12-03 | restructuring | completed | Agrate, Italy | Manufacturing | USD 9 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges for restructure of manufacturing activities recorded in Q1 FY2016; no employee count disclosed. Filer states no significant additional costs anticipated as of 2015-12-03. | ||||
| 2015-12-03 | plant_closure | completed | Aguadilla, Puerto Rico | Module assembly and test | USD 5 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of module assembly and test facility; charge bundles severance benefits with equipment retirement and impairment costs, so not purely severance. No employee count disclosed. | ||||
| 2015-12-03 | restructuring | completed | Italy | Manufacturing | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges for restructure of manufacturing activities in Agrate, Italy. | ||||
| 2015-12-03 | plant_closure | completed | Puerto Rico | Module assembly and test | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance benefits and equipment-related retirement and impairment costs to close facility in Aguadilla, Puerto Rico. | ||||
| 2015-09-03 | restructuring | completed | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2015 charges of $3 million comprised a $1 million LED asset impairment and $2 million of other items; no employee count disclosed. The 200mm wind-down (Agrate, Italy; Kiryat Gat, Israel) and workforce optimization charges were recorded in prior fiscal years and are excluded. Filing states no significant additional costs anticipated as of September 3, 2015. | ||||||
| 2015-09-03 | other | announced | 2015-03-24 | 2016-05 | United States | Photomask manufacturing (MP Mask joint venture with Photronics) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Micron notified Photronics of its election to terminate the MP Mask joint venture effective May 2016, with a right to acquire Photronics' interest. No workforce impact quantified in the filing. | |||
| 2015-09-03 | restructuring | completed | Global | MBU, EBU, and other segments | USD 3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges associated with workforce optimization activities and winding down 200mm operations in Agrate, Italy and Kiryat Gat, Israel. No specific employee count disclosed for 2015 actions. | ||||
| 2014-12-04 | restructuring | completed | Agrate, Italy and Kiryat Gat, Israel | 200mm operations | USD 22 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges primarily associated with workforce optimization activities and winding down 200mm operations. No specific employee count disclosed. | ||||
| 2014-08-28 | restructuring | in_progress | Italy; Israel; global | MBU; EBU; 200mm operations (Agrate, Italy and Kiryat Gat, Israel) | USD 40 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2014 charges of $40M (vs. $126M in FY2013) covering workforce optimization in MBU/EBU and wind-down of 200mm operations; no employees-affected count disclosed. $14M accrued for unpaid workforce optimization activities at year-end; company does not anticipate significant additional costs for these prior activities. | ||||
| 2014-08-28 | plant_closure | in_progress | Israel | 200mm wafer fabrication operations | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | In December 2013 the 200mm wafer fabrication equipment in Kiryat Gat was sold to Intel and the facility lease terminated; Intel manufactured wafers for Micron at the site through 2014. Charges are included within the consolidated FY2014 restructure total above; no headcount disclosed. | |||||
| 2014-08-28 | restructuring | completed | Global | MBU, EBU, and 200mm operations (Agrate, Italy; Kiryat Gat, Israel) | USD 40 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges associated with workforce optimization activities and winding down 200mm operations. No specific employee count disclosed. | ||||
| 2014-05-29 | restructuring | in_progress | Agrate, Italy and Kiryat Gat, Israel | 200mm operations | USD 30 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Wind-down of 200mm operations; approximately $30 million of charges in first nine months of fiscal 2014. Additional employee termination benefit charges of $15-25 million anticipated in Q4 2014 for Italy. No employee count disclosed. | ||||
| 2014-05-29 | plant_closure | in_progress | Agrate, Italy; Kiryat Gat, Israel | 200mm wafer fabrication operations | USD 30 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately $30 million of other restructure charges in the first nine months of 2014 tied to winding down 200mm operations at the two sites; no employee count disclosed. | ||||
| 2014-05-29 | restructuring | announced | 2014-08-28 | Agrate, Italy | 200mm wafer fabrication operations | USD 20 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer anticipates $15 million to $25 million of Q4 fiscal 2014 charges for employee termination benefits in Italy; value shown is midpoint of disclosed range. No employee count disclosed. | |||
| 2014-05-29 | restructuring | in_progress | 2014-12-31 | Italy | Manufacturing | USD 20 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filer anticipates incurring restructure charges of $15 million to $25 million in Q4 2014 for employee termination benefits in Italy. Midpoint of range used for value. | |||
| 2014-05-29 | restructuring | completed | Italy and Israel | Manufacturing | USD 30 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Aggregate of approximately $30 million associated with efforts to wind down 200mm operations in Agrate, Italy and Kiryat Gat, Israel recognized in the first nine months of 2014. | ||||
| 2013-11-28 | restructuring | in_progress | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Accrued $1 million as of November 28, 2013 for unpaid workforce optimization activities; no significant additional costs anticipated. No employee count disclosed. A global workforce reduction of $17 million in costs was incurred in the prior quarter (Q4 2013). | ||||||
| 2013-11-28 | restructuring | in_progress | USD -3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Filing reports a net gain of $3 million in 'Restructure and asset impairments' for the quarter. Accrued liability for unpaid workforce optimization activities decreased from $12 million to $1 million. No specific employee count affected is disclosed for the current quarter. | ||||||
| 2013-08-29 | acquisition_addition | completed | 5,700 | 2012-07-02 | 2013-07-31 | Japan and Taiwan | DRAM (DSG and WSG segments) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 5,700 employees added from the Elpida and Rexchip acquisitions, primarily in Japan and Taiwan; acquisition closed July 31, 2013 (Sponsor Agreement signed July 2, 2012). | ||
| 2013-08-29 | divestiture_reduction | completed | 500 | 2013 | Italy | Agrate fabrication facility (ST consortium R&D and manufacturing) | USD 26 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 500 employees transferred to ST when the consortium agreement was restructured; charge primarily from transfers of equipment. Exact announcement date not disclosed. | ||
| 2013-08-29 | divestiture_reduction | completed | 2013-05-03 | 2013-05-03 | Italy | Micron Technology Italia, S.r.l. — 200mm Avezzano wafer fabrication facility | USD 62 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsidiary and facility sold to LFoundry on May 3, 2013; associated impairment loss of $62 million. Number of employees transferring not disclosed. | ||
| 2013-08-29 | restructuring | completed | 2013 | 2013-08-29 | Global | Workforce optimization across operations | USD 17 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance and other employee-related costs for workforce optimization; part of $126 million total restructure and asset impairment charges for fiscal 2013. Employees affected not disclosed; $12 million remained accrued and unpaid at year-end with no significant additional costs anticipated. | ||
| 2013-08-29 | plant_closure | announced | 2013-09 | Israel | Kiryat Gat 200mm wafer fabrication facility | USD 14 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement entered September 2013 (after fiscal year-end) to sell 200mm equipment in Kiryat Gat to Intel and terminate the facility lease; most Israel employees (approximately 1,000 at year-end) would terminate employment and transfer to Intel. Employees affected not quantified by the filer; $14 million impairment recognized in fiscal 2013. | |||
| 2013-08-29 | acquisition_addition | completed | 5,700 | 2013-07-31 | 2013-07-31 | Japan and Taiwan | DRAM Solutions Group; Wireless Solutions Group | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Elpida and Rexchip added 5,700 employees, primarily located in Japan and Taiwan. | ||
| 2013-08-29 | restructuring | completed | 2013-09-01 | 2014-12-31 | Israel | Manufacturing | USD 14 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Agreement to sell 200mm wafer fabrication equipment in Kiryat Gat, Israel to Intel. Most employees will terminate employment with Micron and transfer to Intel. $14 million impairment charge recorded. | ||
| 2013-08-29 | restructuring | completed | 2013-01-01 | 2013-12-31 | Global | Global | USD 126 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Total restructure and asset impairment charges of $126 million recorded in 2013. Includes $12 million accrued but unpaid for workforce optimization as of fiscal year-end. | ||
| 2013-05-30 | restructuring | completed | 500 | 2013-05-30 | Agrate, Italy | R&D consortium with STMicroelectronics | USD 26 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Certain assets and approximately 500 employees from the Agrate, Italy fabrication facility were transferred to ST under a restructured consortium agreement; charge primarily from equipment transfers. | ||
| 2013-05-30 | divestiture_reduction | completed | 2013-05-03 | 2013-05-03 | Avezzano, Italy | Micron Technology Italia (200mm wafer fabrication) | USD 62 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Sold wholly-owned subsidiary MIT including its 200mm wafer fab to LFoundry for consideration valued at $35 million; assets and liabilities written down to fair value in Q2 2013 with a $62 million impairment loss. Headcount transferred not disclosed. | ||
| 2013-05-30 | plant_closure | completed | 2013-05-30 | LED operations | USD 25 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Discontinued LED development activities in Q3 2013; $25 million charge primarily to write down production assets to expected sale proceeds. Employee count not disclosed. | ||||
| 2013-05-30 | restructuring | completed | 500 | 2013-05-30 | 2013-05-30 | Italy | Agrate, Italy fabrication facility | USD 26 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 500 employees transferred to ST as part of restructuring the ST consortium agreement at the Agrate facility; charge primarily from equipment transfers. | |
| 2013-05-30 | divestiture_reduction | completed | 2013-05-03 | 2013-05-03 | Italy | Micron Technology Italia, S.r.l. (MIT) — 200mm Avezzano wafer fabrication facility | USD 62 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of MIT subsidiary and its 200mm Avezzano facility to LFoundry; employee count not disclosed. Charge recorded in Q2 2013. | ||
| 2013-05-30 | restructuring | completed | 2013-05-30 | 2013-05-30 | United States | LED operations | USD 25 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Discontinuation of LED development activities in Q3 2013; charge to write down production assets. Employee count not disclosed. | ||
| 2013-05-30 | restructuring | completed | 500 | 2013-05-30 | 2013-05-30 | Italy | NAND Solutions Group | USD 26 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructure of ST consortium agreement; assets and approximately 500 employees from Agrate, Italy facility transferred to ST. | |
| 2013-05-30 | plant_closure | completed | 2013-05-03 | 2013-05-03 | Italy | All Other | USD 62 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Micron Technology Italia, S.r.l. (MIT) and its 200mm wafer fabrication facility in Avezzano to LFoundry. Employee count not explicitly disclosed for this specific divestiture. | ||
| 2013-05-30 | restructuring | completed | 2013-05-30 | 2013-05-30 | Global | All Other | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Discontinuation of LED development activities; write down of production assets. Employee count not explicitly disclosed. | ||
| 2013-02-28 | divestiture_reduction | announced | 2013-02-25 | 2013-08-31 | Avezzano, Italy | All Other (CMOS image sensors) | USD 62 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Agreement to sell MIT including 200mm wafer fab to LFoundry; assets written down to fair value with $62 million estimated impairment loss recorded in other operating expense in Q2 2013; expected to close in Q3 2013. No employee count disclosed. | ||
| 2013-02-28 | other | completed | 2012-05-01 | Boise, Idaho | Transform Solar (photovoltaic) | other f5-10q / GLM-5.3-flash-fp4-HTML | Transform's board approved a liquidation plan in May 2012; operations substantially discontinued as of August 30, 2012. Micron recognized a $25 million gain in Q1 2013 from termination of Transform's lease of Boise manufacturing facilities. No employee count disclosed. | ||||
| 2013-02-28 | acquisition_addition | announced | 2012-07-02 | 2014-01-02 | Japan; Taiwan | DRAM (Elpida and Rexchip) | other f5-10q / GLM-5.3-flash-fp4-HTML | Pending acquisition of Elpida (100%) and Rexchip (89%); Japan Court approved reorganization plans February 28, 2013, but certain creditors filed appeals March 29, 2013. No headcount figures disclosed; would add Hiroshima and Taiwan 300mm DRAM fabs. | |||
| 2012-08-30 | other | completed | 2012-05-25 | 2012-08-30 | Global (solar joint venture operations) | Transform Solar Pty Limited (50% joint venture with Origin Energy) | USD 69 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board approved a liquidation plan for the solar joint venture; operations were substantially discontinued by fiscal year-end. No employee count disclosed. | ||
| 2012-08-30 | acquisition_addition | announced | 2012-07-02 | 2013-06-30 | Japan and Taiwan | DRAM (Elpida Memory, Inc. and Rexchip Electronics Corporation) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sponsor agreement for 100% of Elpida plus share purchase for ~24% of Rexchip (~89% aggregate); expected to close in first half of calendar 2013. No headcount disclosed; contingent on court, creditor and regulatory approvals including the People's Republic of China. | |||
| 2012-08-30 | restructuring | completed | Not specified | Not specified | USD 7 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2012 restructure charge of $7 million; the filing does not describe the underlying program or disclose employees affected. | ||||
| 2012-08-30 | restructuring | in_progress | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2011-09-01 | divestiture_reduction | completed | 2011-06-02 | 2011-06-02 | Japan | Wafer fabrication | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Wafer fabrication facility sold to Tower Semiconductor with a supply agreement through approximately May 2014; no employees-affected count or workforce impact disclosed in the filing. | |||
| 2011-09-01 | restructuring | completed | 2009-01-01 | 2010-09-02 | Global | Manufacturing / Imaging | USD -32 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructure plan initiated in 2009 reduced employment by approx 4,600 employees. All amounts related to this plan had been paid as of Sept 2, 2010. 2011 included a credit of $32 million. | ||
| 2011-09-01 | restructuring | in_progress | USD -21,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2011-06-02 | restructuring | completed | USD 12 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charge of $12 million recorded in Q3 2011. Employee count not disclosed. | ||||||
| 2011-06-02 | restructuring | completed | USD 25 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Cumulative restructuring charge of $25 million recorded in the first nine months of 2011. Employee count not disclosed. | ||||||
| 2011-06-02 | restructuring | in_progress | USD -12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-03-03 | restructuring | completed | USD 17 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charge of $17 million recorded in Q2 2011. Employee count not disclosed. | ||||||
| 2011-03-03 | restructuring | completed | USD 13 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charge of $13 million recorded in YTD 2011. Employee count not disclosed. | ||||||
| 2011-03-03 | restructuring | in_progress | USD -17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2010-09-02 | restructuring | completed | 2009 | 2010-09-02 | Memory | USD -10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2010 activity only: net credit of $10M (equipment disposition gain $13M credit, severance $1M, other $2M). The associated reduction of approximately 4,600 employees (~20% of workforce) occurred in fiscal 2009 and is not extracted as current-year activity. All plan amounts paid as of September 2, 2010; filer expects no additional material charges. | |||
| 2010-09-02 | acquisition_addition | completed | 2010-05-07 | 2010-05-07 | Numonyx segment | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount added through the acquisition is not disclosed. Consideration was 137.7M shares plus 4.8M restricted stock units; Numonyx represented 14% of consolidated assets and 7% of revenues at fiscal year-end. Numonyx excluded from management's internal control assessment. | ||||
| 2010-09-02 | other | announced | 2009-09 | 2011-04-30 | Singapore | Memory — DRAM manufacturing (TECH joint venture) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | HP notified TECH in September 2009 that it does not intend to extend the joint venture beyond April 2011. Failure to reach resolution could result in sale of TECH's assets (net assets $1.1B; 45% of FY2010 DRAM wafer production) and repayment of TECH's $348M credit facility. No employee count disclosed; no resolution reached as of the filing date. | |||
| 2010-09-02 | restructuring | completed | 2009-01-01 | 2010-09-02 | Global | Memory | USD -10 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Initiated in 2009 primarily within Memory segment. Included shutting down 200mm wafer fabrication facility in Boise and suspending production ramp in Singapore. Net credit of $10 million in 2010. No additional material charges expected. | ||
| 2010-09-02 | acquisition_addition | completed | 2010-05-07 | 2010-05-07 | Global | Numonyx | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Numonyx Holdings B.V. completed on May 7, 2010. Specific headcount added not disclosed in filing. | |||
| 2010-06-03 | acquisition_addition | completed | 2010-05-07 | 2010-05-07 | Numonyx segment | USD 1,112 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of Numonyx completed May 7, 2010; 137.7 million shares and 4.8 million restricted stock units issued, including 4.1 million service-based and 0.7 million performance-based restricted stock awards to Numonyx employees. No employee headcount figure disclosed. | |||
| 2010-06-03 | restructuring | completed | 2009-01-01 | Boise, Idaho | Memory segment | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2009 restructure plan substantially complete; $1 million severance and related termination benefit payments made in Q3 FY2010, $7 million in first nine months. No employee counts disclosed; no additional material charges expected. | |||
| 2010-06-03 | acquisition_addition | completed | 2010-05-07 | 2010-05-07 | Global (Numonyx operations, Europe-weighted) | Numonyx segment (NOR Flash, NAND Flash, DRAM, Phase Change memory) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition closed May 7, 2010; new reportable segment created. Headcount added not disclosed; only consideration ($1,112M stock) and net assets acquired ($1,549M) quantified. Transaction costs of $19M in SG&A for the nine-month period. | |||
| 2010-06-03 | restructuring | completed | 2010-06-03 | United States (Boise, Idaho); Singapore | Memory segment | USD -7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2009 restructure plan (200mm DRAM phase-out in Boise, IM Flash Singapore ramp suspension) generated a net credit of $7M for the nine months ended June 3, 2010. Filing states all plan amounts were paid as of June 3, 2010 and no further material charges are expected. No employee counts disclosed. | |||
| 2010-06-03 | restructuring | completed | 2009-01-01 | 2010-06-03 | Global | Memory | USD -5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2009 restructure plan initiated in response to industry downturn. Q3 2010 shows net credit of $5M. All amounts paid as of June 3, 2010. Employee count not disclosed. | ||
| 2010-06-03 | acquisition_addition | completed | 2010-05-07 | 2010-05-07 | Global | Numonyx | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Numonyx on May 7, 2010. Issued 4.8 million restricted stock units to employees. Total headcount added not explicitly disclosed. | |||
| 2010-03-04 | restructuring | in_progress | 2009-01-01 | Boise, Idaho, United States | Memory | USD -1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2009 restructure plan included shutdown of 200mm manufacturing operations in Boise; no employee counts disclosed. Q2 FY2010 net restructure credit of $1 million; six-month net credit of $2 million. Company does not expect additional material restructure charges under this plan. | |||
| 2010-03-04 | plant_closure | completed | Boise, Idaho, United States | Memory (DRAM manufacturing) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Phased out all remaining 200mm DRAM wafer manufacturing operations in Boise, Idaho in the second half of 2009; no employee count disclosed in this filing. | |||||
| 2010-03-04 | restructuring | completed | Boise, Idaho, United States | Memory (NAND Flash manufacturing) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | IM Flash terminated its NAND Flash supply agreement with Micron's Boise facility in Q1 2009; production shut down beginning Q2 2009. No employee count disclosed. | |||||
| 2010-03-04 | restructuring | completed | Singapore | Memory (NAND Flash manufacturing) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tooling and NAND Flash production ramp at IM Flash Singapore wafer fab suspended in Q1 2009; start-up activities resumed in Q2 2010. No employee count disclosed. | |||||
| 2010-03-04 | acquisition_addition | announced | 2010-02-09 | Global | Memory (NOR Flash, NAND Flash, RAM, Phase Change memory) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Numonyx for 140-150 million Micron shares; expected to close in Q3 or Q4 2010. No headcount figure disclosed. | ||||
| 2010-03-04 | restructuring | in_progress | 2009-01-01 | Boise, Idaho | Memory | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiated in 2009 to shut down 200mm manufacturing operations. Q2 2010 charge of $(1)M primarily reflects gain on equipment write-down. No employee count disclosed for current period activity. | |||
| 2009-12-03 | restructuring | in_progress | United States (Boise, Idaho); Singapore | Memory | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructure plan initiated in 2009 in response to industry downturn; included shutdown of 200mm DRAM production in Boise and suspension of NAND ramp at IM Flash Singapore. Q1 FY2010 net restructure credit of $1 million, including $1 million severance and termination benefits; $5 million cash paid for severance and facility decommissioning. Company does not expect additional material charges. No employee counts disclosed. | ||||
| 2009-12-03 | restructuring | in_progress | United States; Singapore | Memory | USD -1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan initiated in 2009 in response to industry downturn; Q1 2010 net credit of $1M (severance $1M, equipment write-down gain $4M, other $2M). No employee counts disclosed. Company states no additional material charges expected. | ||||
| 2009-12-03 | restructuring | in_progress | Memory | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Net credit of $1 million recognized in Q1 2010. Includes $1 million in severance and other termination benefits. Company does not expect to incur additional material restructure charges related to the plan initiated in 2009. | |||||
| 2009-12-03 | restructuring | in_progress | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2009-09-03 | restructuring | in_progress | 4,600 | 20% | Global (principally United States and Singapore) | Memory | USD 70 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2009 net restructure charges of $70 million comprise $152 million equipment write-down, $60 million severance and other employee costs, a $144 million gain from termination of the IM Flash NAND supply agreement, and $2 million other. Specific announcement date and completion date not disclosed; filer expects approximately $2 million of additional restructure costs in 2010. Implied pre-restructuring workforce of roughly 22,800 is consistent with the disclosed 18,200 year-end total. | ||
| 2009-09-03 | plant_closure | completed | Boise, Idaho, United States | Memory | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | IM Flash terminated its NAND supply agreement with the Boise facility in Q1 FY2009 (reducing NAND output by about 35,000 200mm wafers per month; Intel paid the Company $208 million), and all remaining 200mm DRAM wafer manufacturing in Boise was phased out in the second half of FY2009. Associated $152 million equipment impairment is included within the $70 million net restructure charge of the consolidated restructuring record above; headcount impact likewise included in the 4,600 total, so not separately quantified. | |||||
| 2009-09-03 | divestiture_reduction | completed | 2009-07-10 | 2009-07-10 | Imaging | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of a 65% interest in Aptina Imaging Corporation to Riverwood Capital and TPG Capital, with the Company retaining a 35% interest; Company recorded a $41 million loss on the sale (not a workforce charge). Headcount transferred with the divested interest was not disclosed. Imaging segment continues to supply wafers to Aptina under a wafer supply agreement. | ||||
| 2009-09-03 | restructuring | completed | 4,600 | 20% | 2009-01-01 | 2009-09-03 | Global | Memory | USD 70 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Initiated in response to severe downturn. Includes shutdown of 200mm Boise facility, suspension of IM Flash Singapore ramp, and personnel reductions. Net charge of $70 million includes $152 million equipment write-down, $60 million severance, offset by $144 million gain from IM Flash supply agreement termination. |
| 2009-06-04 | restructuring | in_progress | 2009-01-01 | 2009-12-31 | Boise, Idaho, United States | Memory | USD 58 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2009 restructure plans primarily attributable to Memory segment; nine-month charges of $58 million include $150 million equipment write-down and $50 million severance, offset by a $144 million gain from termination of the NAND Flash supply agreement. Company expects approximately $7 million of additional restructure costs through end of 2009, primarily severance and employee-related costs. No employee counts disclosed. | ||
| 2009-06-04 | plant_closure | in_progress | 2009-01-01 | 2009-12-31 | Boise, Idaho, United States | Memory — NAND Flash | USD 150 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company announced it would phase out all remaining 200mm wafer manufacturing operations at its Boise, Idaho facility by end of 2009; impairment charges of $7 million (Q3) and $150 million (nine months) recorded for the shutdown. Assets with carrying value of $27 million classified as held for sale. No employee counts disclosed. | ||
| 2009-06-04 | restructuring | completed | 2009-01-01 | Boise, Idaho, United States | Memory — NAND Flash | USD 144 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | In Q1 2009, IM Flash joint venture with Intel terminated its agreement to obtain NAND Flash supply from the Boise facility, reducing NAND production by approximately 35,000 200mm wafers per month. Company recorded a $144 million gain and a $208 million receivable from Intel, settled in Q2 2009. No employee counts disclosed. | |||
| 2009-06-04 | divestiture_reduction | announced | 2009-07-10 | 2009-07-10 | Imaging — Aptina Imaging Corporation | USD 53 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | On July 10, 2009 (subsequent event), the Company sold a 65% interest in Aptina to Riverwood Capital and TPG Capital for approximately $35 million cash, retaining a 35% stake to be accounted for under the equity method. Q3 charge of $53 million to write down Aptina intangible assets and property, plant and equipment to estimated fair values. No employee counts disclosed. | |||
| 2009-06-04 | other | in_progress | 2009-01-01 | Company-wide | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Cost reduction measures include reductions in executive and employee salary and bonuses, a continued hiring freeze, suspension of 401(k) matching contributions, and reductions of discretionary costs such as outside services, travel and overtime. No employee counts disclosed. | |||||
| 2009-06-04 | plant_closure | in_progress | 2009-03-05 | 2009-12-31 | Boise, Idaho, United States | Memory segment — 200mm wafer manufacturing | USD 150 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month equipment write-down of $150M plus $50M severance; employee count not disclosed. Company expects ~$7M additional costs through end of 2009. | ||
| 2009-06-04 | restructuring | in_progress | 2009-03-05 | 2009-12-31 | United States | Memory segment | USD 50 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual for nine months ended 2009-06-04; $51M cash paid, $7M unpaid at period end. Employee counts not disclosed. | ||
| 2009-06-04 | divestiture_reduction | announced | 2009-07-10 | Global | Imaging segment — Aptina Imaging Corporation | USD 53 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 65% interest in Aptina; $53M write-down recorded in Q3. Headcount impact not quantified. | |||
| 2009-06-04 | restructuring | in_progress | 2009-04-01 | 2009-12-31 | Boise, Idaho | Memory | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Phase out of 200mm wafer manufacturing operations at Boise facility. Q3 charges of $19M include $7M equipment write-down and $11M severance. Total YTD charges $58M. | ||
| 2009-06-04 | restructuring | completed | 2009-01-01 | 2009-03-31 | Global | Memory | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Termination of NAND Flash supply agreement with IM Flash and suspension of tooling at IM Flash Singapore facility. Resulted in $144M gain in Q1 2009. | |||
| 2009-03-05 | plant_closure | in_progress | 2,000 | 2009-02-23 | 2009-12-31 | Boise, Idaho, United States | Memory | USD 143 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Phase-out of all remaining 200mm wafer manufacturing at Boise facility, reducing employment by as many as 2,000 positions by end of 2009. Six-month charges include $143 million equipment write-downs and $39 million severance; additional ~$27 million of severance-related costs expected through 2009. | |
| 2009-03-05 | restructuring | in_progress | 2009-02-23 | 2009-12-31 | Boise, Idaho, United States | Memory — severance and termination benefits | USD 17 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Second quarter 2009 severance and other termination benefit charges; $16 million of severance cash payments made during the quarter. | ||
| 2009-03-05 | restructuring | completed | 2008-12-05 | Boise, Idaho, United States | Memory — NAND Flash supply agreement termination | USD -144 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | IM Flash terminated agreement for NAND Flash supply from Boise facility, reducing NAND production by approximately 35,000 200mm wafers per month; first quarter net credit includes $144 million gain from termination, plus $56 million equipment write-down and $22 million severance charges. | |||
| 2009-03-05 | restructuring | in_progress | 2008-12-05 | Singapore | Memory — IM Flash Singapore facility | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company and Intel agreed to suspend tooling and ramp of NAND Flash production at IM Flash's Singapore wafer fabrication facility; facility idle since completion in Q1 2009 with net book value of $640 million as of March 5, 2009. | ||||
| 2009-03-05 | plant_closure | in_progress | 2,000 | 2009-02-23 | 2009-12-31 | Boise, Idaho, United States | Memory segment — 200mm wafer manufacturing operations | USD 105 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Phase-out of all remaining 200mm wafer manufacturing at Boise; up to 2,000 positions to be eliminated by end of 2009. Q2 charge of $105M includes $87M equipment write-down and $17M severance. Additional ~$27M of severance-type costs expected through 2009. | |
| 2009-03-05 | restructuring | in_progress | 2008-12-05 | 2009-12-31 | Boise, Idaho, United States | Memory segment — NAND Flash production for IM Flash | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | IM Flash terminated NAND supply agreement with Boise facility in Q1 2009, reducing NAND production by ~35,000 200mm wafers/month. Q1 restructure recorded a net $66M credit including a $144M gain from the termination. No employee count disclosed for this sub-component. | |||
| 2009-03-05 | other | in_progress | 2008-12-05 | Global | Company-wide | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cost reductions include executive/employee salary and bonus cuts, hiring freeze, suspension of 401(k) match, and reduced discretionary spending. No headcount figure attached. | ||||
| 2009-03-05 | restructuring | in_progress | 2,000 | 2009-02-23 | 2009-12-31 | Boise, Idaho | Memory | USD 105 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Phase out of 200mm wafer manufacturing operations; charge includes $87M equipment write-down and $17M severance. | |
| 2008-12-04 | plant_closure | completed | 2008-10-09 | Boise, Idaho | Memory (NAND Flash) | USD 56 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Discontinued NAND Flash production for IM Flash at Boise fab, reducing NAND output by approximately 35,000 200mm wafers per month; no employee count disclosed. Equipment write-down of $56 million recorded. | |||
| 2008-12-04 | restructuring | in_progress | 2008-10-09 | 2010-12-31 | Singapore | Memory (NAND Flash) - IM Flash Singapore | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Micron and Intel agreed to suspend tooling and ramp of production at IM Flash's Singapore wafer fabrication facility; no employee count disclosed. | |||
| 2008-12-04 | restructuring | in_progress | 2008-10-09 | 2010-12-31 | Memory | USD 22 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Restructuring of memory operations included severance and other termination benefits of $22 million; number of employees affected not disclosed. Additional restructure costs of approximately $40 million expected through 2010. | |||
| 2008-12-04 | other | in_progress | 2008-10-09 | Company-wide | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Cost-savings measures: reductions in executive and employee salary and bonuses, continued hiring freeze, and reduced discretionary spending on outside services, travel and overtime. | |||||
| 2008-12-04 | restructuring | in_progress | 2008-10-09 | 2010-12-31 | Global | Memory | USD 66 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net credit includes $144M gain from NAND supply agreement termination, $56M equipment write-down, $22M severance. No employee headcount disclosed. Includes salary/bonus reductions, hiring freeze, discretionary cost cuts. Additional ~$40M costs expected through 2010. | ||
| 2008-12-04 | plant_closure | completed | 2008-10-09 | 2008-12-04 | United States (Boise, Idaho) | Memory — NAND Flash | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Discontinued NAND Flash production for IM Flash at Boise facility, reducing production by ~35,000 200mm wafers per month. No employee count disclosed. | |||
| 2008-12-04 | plant_closure | in_progress | 2008-10-09 | Singapore | Memory — NAND Flash (IM Flash JV) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Micron and Intel agreed to suspend tooling and production ramp at IM Flash Singapore wafer fabrication facility. No employee count disclosed. | ||||
| 2008-12-04 | restructuring | in_progress | 2008-10-09 | 2010-12-31 | Global | Memory | USD 22 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company announced restructuring of memory operations on Oct 9, 2008. Q1 2009 included $22M severance and termination benefits. Total restructure credit was $66M (including $144M gain on NAND supply agreement termination and $56M equipment write-down). Expected to incur additional restructure costs of approx $40M through 2010. | ||
| 2008-08-28 | restructuring | in_progress | Global | Primarily Memory segment | USD 33 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cost-reduction initiatives begun in Q4 2007 covering severance, relocation, retention bonuses and facility write-downs; $33M charged in FY2008, $52M cumulative since initiation. No employee count disclosed. | ||||
| 2008-08-28 | restructuring | announced | 15% | 2008-10-09 | 2010-12-31 | Global | Memory operations (IM Flash NAND Flash) | USD 60 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post-fiscal-year-end announcement: plan to cut global workforce about 15% during 2009-2010, including IM Flash shutdown of 200mm NAND production at Boise (about 35,000 wafers/month) and suspension of tooling/ramp at IM Flash Singapore. Cash restructuring costs about $60M; expected 2009 cash operating benefit to exceed $175M. | |
| 2008-08-28 | restructuring | in_progress | 2007-10-01 | Global | Memory | USD 33 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Initiated in Q4 2007. 2008 charges of $33 million for severance, relocation, retention bonuses, and facility write-downs. Cumulative costs since initiation are $52 million. | |||
| 2008-08-28 | restructuring | announced | 15% | 2008-10-09 | 2010-12-31 | Global | Memory | USD 60 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Announced after fiscal year-end. Plans to reduce global workforce by approx 15% during 2009 and 2010. Includes shutdown of 200mm NAND flash production at Boise and suspension of tooling at IM Flash Singapore. | |
| 2008-05-29 | restructuring | in_progress | 2007-11-30 | Primarily Memory segment | USD 8 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Cost-reduction initiatives begun in Q4 FY2007 include workforce reductions, facility write-downs, and relocation/retention bonuses; $8M charge in Q3 FY2008, $29M in first nine months, $48M cumulative since Q4 FY2007. Employee counts not disclosed. | ||||
| 2008-05-29 | restructuring | in_progress | 2007-10-01 | Global | Primarily Memory segment | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring initiatives began in Q4 FY2007 covering workforce reductions, facility write-downs, relocation and retention bonuses. No employee count disclosed. Cumulative charges of $48 million since Q4 FY2007; $8 million remained unpaid at quarter-end. | |||
| 2008-05-29 | restructuring | in_progress | 2007-10-01 | Memory segment | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges recorded in Q3 2008 for employee severance, facility write-downs, and relocation/retention bonuses. Program initiated in Q4 2007. | ||||
| 2008-05-29 | restructuring | in_progress | 2007-10-01 | Memory segment | USD 29 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Cumulative charges for the nine months ended May 29, 2008, for employee severance, facility write-downs, and relocation/retention bonuses. | ||||
| 2008-02-28 | restructuring | in_progress | 2007-10-01 | Primarily Memory segment | USD 8 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Cost-reduction initiatives begun in Q4 FY2007 include workforce reductions, relocation of operations, and overhead reductions; Q2 FY2008 charge of $8 million for employee severance and facility write-downs; $21 million charged in first six months; $40 million cumulative since Q4 FY2007; no employee counts disclosed. | ||||
| 2008-02-28 | restructuring | in_progress | 2007-08-31 | Global | Primarily Memory segment | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cost-reduction program begun in Q4 2007 covering workforce reductions, relocation and overhead cuts; $8M charged in Q2 2008, $21M in six months, $40M cumulative since Q4 2007. Number of employees affected not disclosed; initiatives expected to be implemented over several quarters. | |||
| 2008-02-28 | restructuring | in_progress | 2007-10-01 | Memory | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges primarily for employee severance and related costs and facility write-downs. Program initiated in Q4 2007. | ||||
| 2008-02-28 | restructuring | in_progress | 2007-10-01 | Memory | USD 21 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD charges for the first six months of 2008. Program initiated in Q4 2007. | ||||
| 2007-11-29 | restructuring | in_progress | 2007-11-29 | 2008-08-28 | Primarily Memory segment | USD 13 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Cost-reduction initiatives begun in Q4 2007 include workforce reductions, relocating operations closer to customers, outsourcing evaluations, and overhead reductions; charge covers employee severance and related costs plus a write-down of facilities expected to be sold. $4 million of restructure costs remained unpaid at quarter-end. Company expects additional restructure charges through end of fiscal 2008 but cannot estimate the aggregate amount. | |||
| 2007-11-29 | restructuring | in_progress | Global | Primarily Memory segment | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cost-reduction program begun in Q4 2007 covering workforce reductions, relocation, outsourcing and overhead cuts; Q1 2008 charge covers severance and facility write-downs. No employee count disclosed; $4 million of costs remained unpaid at quarter-end; further charges expected through end of 2008 but amount not estimable. | ||||
| 2007-11-29 | restructuring | in_progress | 2007-10-01 | 2008-08-31 | Global | Memory | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiatives began in Q4 2007 to reduce costs via workforce reductions, outsourcing, and relocation. Q1 2008 charge includes severance and facility write-downs. Completion expected through end of 2008. | ||
| 2007-08-30 | restructuring | in_progress | 1,000 | 2008-12-31 | Memory | USD 19 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge recorded in fourth quarter of fiscal 2007, primarily employee severance for a workforce reduction of approximately 1,000 employees, mostly from the Memory segment; program continues through 2008 with further charges expected but not yet estimable. Announcement date not specified beyond 'fourth quarter of 2007'. | |||
| 2007-08-30 | acquisition_addition | completed | 2006-12-11 | 2006-12-11 | Imaging | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Avago's CMOS image sensor business completed 2006-12-11 for initial cash payment of $53 million plus contingent consideration; associated headcount added not disclosed. | ||||
| 2007-08-30 | restructuring | completed | 1,000 | 2007-06-01 | Global | Memory | USD 19 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fourth quarter 2007 charge of $19 million consisting primarily of employee severance and related costs resulting from a reduction in workforce of approximately 1,000 employees, primarily from the Memory segment. | ||
| 2007-05-31 | restructuring | announced | 2007-06-28 | Company-wide | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Company announced cost-efficiency and revenue-growth initiatives including workforce reductions in certain areas as the business is realigned; no employee counts, charges, or completion dates disclosed. Implementation anticipated over several quarters. | |||||
| 2007-05-31 | restructuring | announced | 2007-06-28 | Global | Certain areas of the Company as business is realigned | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter announcement of cost-efficiency initiatives including workforce reductions, relocating operations closer to customers, evaluating outsourcing partnerships, and reducing overhead; to be implemented over several quarters. No employee count or charge disclosed. | ||||
| 2007-05-31 | restructuring | announced | 2007-06-28 | Global | Various | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Company announced initiatives to drive cost efficiencies including workforce reductions in certain areas as business is realigned. Specific headcount numbers not disclosed. | ||||
| 2006-08-31 | acquisition_addition | completed | 300 | United States | Memory | USD 886 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Stock-for-stock merger completed 2006-06-21; approximately 300 employees added in Q4 2006. Charge shown is the aggregate purchase price, not a severance charge. Definitive merger agreement announced in March 2006; exact announcement date not disclosed. | |||
| 2006-08-31 | other | completed | 2,400 | 2006-03-03 | Singapore | Memory | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidation of the TECH joint venture under FIN 46(R) effective 2006-03-03 added approximately 2,400 Singapore-based employees to consolidated headcount; not an acquisition or headcount action per se. | |||
| 2006-08-31 | acquisition_addition | completed | 300 | 2006-06-21 | 2006-06-21 | Global | Memory | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Added approximately 300 employees from acquisition of Lexar Media, Inc. in the fourth quarter of 2006. | ||
| 2006-06-01 | acquisition_addition | completed | 2006-06-21 | United States | Memory (Flash memory products) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock-for-stock merger completed 2006-06-21, after quarter end; approximately 50 million Micron shares issued and Lexar options converted into options for approximately 7 million shares (combined value ~$900 million). Filing does not disclose Lexar employee headcount added. Definitive agreement announced in March 2006 (exact date not stated). | ||||
| 2006-03-02 | acquisition_addition | announced | 2006-03-08 | United States | Memory (Flash memory products) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter-end merger agreement (0.5625 Micron shares per Lexar share); no employee count disclosed. Lexar had ~81 million shares outstanding as of 2005-12-31; Lexar termination fee $22.0 million. | ||||
| 2005-09-01 | restructuring | completed | 2003-06-30 | 2004-12-31 | Worldwide | Manufacturing and Corporate | USD 109 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | 2003 restructure plan included shutdown of 200mm production line in Virginia, discontinuance of SRAM/TCAM products, and approximate 10% reduction in worldwide workforce. Plan substantially completed and costs paid in 2004 and 2003. Net credit of $1.4 million recorded in 2005 from equipment sales. | ||
| 2005-06-02 | restructuring | completed | 2003-04-01 | Worldwide | Manufacturing, R&D, G&A | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan announced in Q2 2003 included shutdown of 200mm Virginia line, discontinuance of SRAM/TCAM, and ~10% workforce reduction. Substantially completed; severance paid through Sept 2004. Q3 2005 restructure charge was $0. | ||||
| 2005-03-03 | restructuring | completed | 2003-04-01 | 2004-09-02 | Worldwide | Manufacturing, R&D, G&A | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan announced in Q2 2003 included shutdown of 200mm Virginia line, discontinuance of SRAM/TCAM, and ~10% workforce reduction. Substantially completed by Sept 2, 2004. YTD 2005 charge of $(1.4)M reflects sales of equipment associated with the Virginia line. | ||
| 2004-12-02 | restructuring | completed | 10% | 2003-01-01 | Worldwide | Semiconductor Operations | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | 2003 cost-reduction plan: shutdown of 200mm Virginia production line, discontinuance of SRAM and TCAM products, and roughly 10% worldwide workforce reduction. Company states plan substantially completed and severance and termination costs essentially paid through September 2, 2004. Q1 FY2005 restructure line was a $1.5 million credit from equipment sales tied to the Virginia 200mm line. | |||
| 2004-12-02 | restructuring | completed | 2003-06-01 | 2004-09-02 | Worldwide | Manufacturing | USD -2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan announced Q2 2003 included shutdown of 200mm Virginia line, discontinuance of SRAM/TCAM, and ~10% workforce reduction. Substantially completed by Sept 2, 2004. Q1 2005 credit of $1.5M reflects equipment sales. | ||
| 2004-09-02 | restructuring | completed | 2004-09-02 | Worldwide | Semiconductor Operations | USD -23 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plan announced in Q2 fiscal 2003 (shutdown of Virginia 200mm line, discontinuance of SRAM/TCAM products, ~10% worldwide workforce reduction); fiscal 2004 activity reflects completion, with a $22.5M credit primarily from gains on equipment sales and essentially all severance paid through fiscal year-end. Employees-affected count relates to the prior-year announcement and is not restated here. | |||
| 2004-09-02 | restructuring | completed | 10% | 2003-04-01 | 2004-09-02 | Worldwide | USD 116 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Announced in Q2 2003. Included shutdown of 200mm production line in Virginia, discontinuance of SRAM/TCAM products, and approx 10% workforce reduction. Company substantially completed plan through Sept 2, 2004. Total charges $116.3M in 2003; credit of $22.5M in 2004 primarily from equipment sales gains. | ||
| 2004-06-03 | restructuring | completed | 2003-04-01 | Worldwide | Operations | USD -22 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Credit reflects gains on sales of equipment associated with operations shut down in the restructure plan announced in Q2 2003. The plan included shutdown of Virginia 200mm line, discontinuance of SRAM/TCAM products, and approx 10% workforce reduction. Company states it has substantially completed the plan. | |||
| 2004-03-04 | restructuring | completed | 10% | 2003-02-27 | Worldwide | Semiconductor Operations | USD 108 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Plan announced in Q2 FY2003 included shutdown of the 200 mm production line in Virginia, discontinuance of certain memory products (SRAM, TCAM), and an approximate 10% worldwide workforce reduction. Severance and other termination benefits component was $25.5 million; total restructure charge $107.9 million plus $7.8 million inventory write-down charges in COGS. Through March 4, 2004, essentially all accrued costs had been paid; residual equipment sales may produce future gains/losses. | ||
| 2004-03-04 | restructuring | in_progress | Worldwide (includes Virginia 200 mm production line shutdown) | Semiconductor Operations (memory product lines, incl. SRAM and TCAM discontinuance) | USD 108 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan announced in fiscal Q2 2003 (exact date not stated); included shutdown of Virginia 200 mm line, discontinuance of SRAM/TCAM products, and an approximate 10% worldwide workforce reduction. No employee count disclosed. $107.9M charge plus $7.8M related charges recorded in fiscal Q2 2003; current-period (first six months of fiscal 2004) activity was a $21.2M credit from equipment sale gains. Filer states essentially all accrued costs paid and plan substantially completed. | ||||
| 2004-03-04 | restructuring | completed | 2003-02-27 | Worldwide | Operations | USD 108 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan announced in Q2 2003 included shutdown of Virginia 200 mm line, discontinuance of SRAM/TCAM products, and approx 10% workforce reduction. Company states it has paid essentially all costs accrued as of March 4, 2004. | |||
| 2003-12-04 | restructuring | completed | 10% | Worldwide; Virginia facility shutdown | Semiconductor Operations; SRAM and TCAM product lines discontinued | USD -21 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Plan announced in Q2 fiscal 2003; included shutdown of 200 mm production line in Virginia, discontinuance of certain memory products, and approximately 10% worldwide workforce reduction. Substantially completed; Q1 FY2004 reflects a $21.1 million credit primarily from equipment sales. Exact announcement date not stated in this filing. | |||
| 2003-12-04 | restructuring | in_progress | 10% | Worldwide (includes shutdown of 200 mm production line in Virginia) | Semiconductor Operations — includes discontinuance of SRAM and TCAM products | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced in fiscal Q2 2003 (exact announcement date not stated in this filing); called for shutdown of Virginia 200 mm line, discontinuance of SRAM/TCAM products, and an approximate 10% reduction of worldwide workforce; no absolute employee count disclosed. Substantially complete, but residual equipment sales continue to generate gains/losses; Q1 FY2004 recorded a $21.1 million credit to restructure, primarily from equipment sales, not severance. | ||||
| 2003-12-04 | restructuring | in_progress | 10% | 2003-06-30 | Worldwide | Operations | USD -21 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan announced in Q2 2003 included shutdown of Virginia 200 mm line, discontinuance of SRAM/TCAM products, and approx 10% workforce reduction. Q1 2004 recorded $21.1M credit primarily from equipment sales. Company substantially completed plan but expects future gains/losses on residual equipment sales. | ||
| 2003-08-28 | restructuring | completed | 10% | 2003-02-18 | 2003-08-28 | Worldwide | Semiconductor Operations (DRAM, SRAM, TCAM) | USD 116 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program comprised shutdown of the 200 mm wafer fabrication line in Virginia, discontinuance of SRAM and TCAM product lines, and an approximate 10% reduction of worldwide workforce. Charge of $109.2M restructure charge plus $7.1M inventory write-downs; severance and termination benefits of $26.3M. Substantially completed by fiscal year-end; $3.1M of accrued costs remained. Company expects annualized cost savings in excess of $250 million. | |
| 2003-08-28 | plant_closure | completed | 2003-02-18 | 2003-08-28 | United States (Virginia) | 200 mm wafer fabrication | USD 43 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Impairment charge to write down carrying value of certain assets used in the 200 mm production line in Virginia, shut down as part of the same restructuring program; component of the $116.3M total program charge, not additive. | ||
| 2003-08-28 | restructuring | completed | 10% | 2003-02-18 | Worldwide | USD 116 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Announced Feb 18, 2003. Included shutdown of 200mm wafer fab in Virginia, discontinuance of SRAM/TCAM products, and approx 10% reduction in worldwide workforce. Total restructure and other charges of $116.3 million recorded. Company has substantially completed the restructure plan. | |||
| 2003-05-29 | restructuring | in_progress | 10% | 2003-02-18 | 2003-12-31 | Worldwide | Company-wide | USD 103 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Plan includes shutdown of Virginia 200 mm production line, discontinuance of SRAM and TCAM products, and 10% worldwide workforce reduction; cumulative charge of $102.5 million in first nine months of 2003 plus $7.1 million inventory write-downs in cost of goods sold; company expects to substantially complete by end of 2003 with approximately $15 million additional charges, primarily for equipment redeployment from Virginia; expected annualized cost savings in excess of $250 million; severance and termination benefits component of $26.2 million, of which $25.4 million paid through May 29, 2003. | |
| 2003-05-29 | plant_closure | in_progress | 2003-02-18 | 2003-12-31 | Virginia, United States | Semiconductor Operations - 200 mm production line | USD 45 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Shutdown of 200 mm production line in Virginia as part of restructure plan; $44.6 million impairment charge to write down carrying value of assets, primarily equipment write-down component of the restructure charge; assets held for sale included in other assets. | ||
| 2003-05-29 | restructuring | in_progress | 10% | 2003-02-18 | 2003-12-31 | Worldwide | Semiconductor Operations | USD 103 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan announced Feb 18, 2003: 10% workforce reduction, shutdown of 200 mm Virginia line, discontinuance of SRAM/TCAM products. Cumulative restructure charge $102.5M (incl. $26.2M severance) plus $7.1M inventory write-down in COGS; additional ~$15M expected. No absolute employee count disclosed; annualized cost savings expected to exceed $250M. | |
| 2003-05-29 | restructuring | in_progress | 10% | 2003-02-18 | 2003-12-31 | Worldwide | Semiconductor Operations | USD 103 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan includes shutdown of 200 mm production line in Virginia, discontinuance of SRAM/TCAM products, and 10% workforce reduction. Total restructure charge $102.5M for nine months ended May 29, 2003. Additional charges of approx $15M expected. | |
| 2003-02-27 | restructuring | in_progress | 10% | 2003-02-18 | 2003-12-31 | Worldwide | Company-wide; includes shutdown of 200 mm production line in Virginia and discontinuance of SRAM and TCAM products | USD 108 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Plan includes Virginia 200 mm fab shutdown, product-line discontinuance, and a 10% worldwide workforce reduction. Severance and other termination benefits component of the charge was $25.5 million; essentially none of the severance had been paid as of February 27, 2003, with $30.0 million accrued in accounts payable and accrued expenses. Company expects approximately $15 million of additional restructure-related charges in the second half of 2003 and annualized cost savings in excess of $250 million. | |
| 2003-02-27 | restructuring | in_progress | 10% | 2003-02-18 | 2003-12-31 | Worldwide (includes shutdown of 200 mm production line in Virginia, USA) | Semiconductor Operations; includes discontinuance of SRAM and TCAM product lines | USD 108 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan announced Feb 18, 2003 after eight consecutive quarters of operating losses: Virginia 200 mm line shutdown, product discontinuances, 10% worldwide workforce reduction. Charge components: equipment write-down $53.9M, severance $25.5M, intangible write-down $18.6M, other $9.9M; plus $7.8M inventory write-down in COGS. No absolute headcount disclosed. Essentially none of severance paid through quarter-end; $30.0M accrued in accounts payable. Additional ~$15M charges expected in H2 2003; annualized cost savings expected to exceed $250M. | |
| 2003-02-27 | restructuring | in_progress | 10% | 2003-02-18 | 2003-12-31 | Worldwide | Semiconductor Operations | USD 108 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes shutdown of 200 mm Virginia line, discontinuance of SRAM/TCAM products, and 10% workforce reduction. Severance accrual of $25.5M included in charge. Employee count not explicitly disclosed, only percentage. | |
| 2002-08-29 | acquisition_addition | completed | 2002-04-22 | United States (Virginia) | Semiconductor Operations (DRAM manufacturing) | USD 328 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of substantially all assets of Toshiba's DRAM operations at Dominion Semiconductor L.L.C.; purchase price $327.9M including cash and 1.5M shares. Headcount added not disclosed. | |||
| 2002-08-29 | divestiture_reduction | completed | United States | PC Operations (discontinued) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | MEI completed disposition of its PC business on May 31, 2001 (fiscal 2001); referenced in FY2002 statements as discontinued operations. Headcount removed not disclosed; action occurred in prior fiscal year. | |||||
| 2002-05-30 | acquisition_addition | completed | 1,000 | 2002-04-22 | Virginia, United States | Semiconductor Operations (DRAM) | USD 328 (millions) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of substantially all assets of Toshiba's DRAM business at Dominion Semiconductor; approximately 1,000 people employed at the acquired facility. Charge is the total purchase price, not a severance charge. | ||
| 2002-05-30 | acquisition_addition | completed | 1,000 | 2002-04-22 | Virginia, United States | Semiconductor Operations | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 1,000 employees at the acquired Dominion Semiconductor (Toshiba DRAM) facility; headcount figure is approximate as stated by filer. | |||
| 2002-05-30 | acquisition_addition | completed | 1,000 | 2002-04-22 | Virginia | Semiconductor Operations | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired substantially all assets of Toshiba's DRAM business; approximately 1,000 people employed at the acquired facility. | |||
| 2001-08-30 | divestiture_reduction | completed | 2001-05-31 | United States | PC Operations (Micron Electronics, Inc.) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | MEI completed disposition of its PC business to Gores Technology Group on May 31, 2001; no employee count disclosed for the divested operations. | ||||
| 2001-08-30 | acquisition_addition | completed | 2001-04-30 | Japan | Semiconductor Operations | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Kobe Steel's 75% interest in KMT Semiconductor Limited made KMT a wholly-owned subsidiary; no headcount added is disclosed. | ||||
| 2001-08-30 | other | completed | 2001-08-06 | United States | Web-hosting Operations (Micron Electronics / Interland) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Interland Merger reduced the Company's ownership of MEI from 61% to 43%, deconsolidating the Web-hosting Operations; no workforce impact quantified. | ||||
| 2001-03-01 | divestiture_reduction | announced | 2001-03-23 | 2001-08-31 | United States | PC operations (Micron Electronics, Inc.) | USD 55 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Non-binding letter of intent to sell MEI's PC business; no employee count disclosed. Charge reflects estimated net loss on disposal including phase-out operating losses. | ||
| 2001-03-01 | acquisition_addition | announced | 2001-03-01 | 2001-04-30 | Japan | Semiconductor operations (KMT Semiconductor Limited) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Kobe Steel's 75% interest in KMT for $25 million; KMT becomes wholly-owned subsidiary. No headcount disclosed; MTI expected to repay/assume/refinance ~$300M of KMT debt. | |||
| 2001-03-01 | other | announced | 2001-03-23 | 2001-08-31 | United States | Web-hosting operations (Micron Electronics, Inc.) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock-for-stock merger with Interland; MTI's stake in MEI falls from ~60% to ~40%, so MEI will be deconsolidated and equity-accounted. Estimated ~$15 million loss on consummation; no headcount disclosed. | |||
| 1999-09-02 | acquisition_addition | completed | 1998-06-18 | 1998-09-30 | Italy, Singapore, United States (Texas) | Semiconductor operations | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Avezzano Italy fab, Singapore assembly/test facility, Richardson TX design center, and interests in TECH and KMT joint ventures; headcount added not disclosed; net purchase price approximately $832.8 million | |||
| 1999-09-02 | acquisition_addition | completed | 1998-06-22 | 1998-09-11 | United States | Semiconductor operations (graphics/technology) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pooling-of-interests merger; approximately 3.6 million shares issued; headcount added not disclosed | |||
| 1999-09-02 | divestiture_reduction | completed | 1999-05-19 | 1999-05-19 | United States | Flat panel display operations | USD 15 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of certain flat panel display assets; $15.0 million loss recorded; headcount removed not disclosed | ||
| 1999-09-02 | restructuring | completed | 1999-09-02 | 1999-09-02 | United States | RFID operations (Micron Communications, Inc.) | USD 9 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth quarter of fiscal 1999: RFID subsidiary ceased operations; $8.9 million charge; headcount affected not disclosed | ||
| 1999-09-02 | other | completed | 1999-09-02 | 1999-09-02 | United States | Semiconductor operations (equipment) | USD 12 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Loss on write-down and disposal of semiconductor equipment; workforce impact not disclosed | ||
| 1999-09-02 | restructuring | completed | 1999-09-02 | Global | PC operations | USD 11 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges associated with PC operations resulting from employee termination benefits and consolidation of domestic and international operations. | |||
| 1999-09-02 | plant_closure | completed | 1999-09-02 | Global | All other (RFID) | USD 9 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charge resulting from the discontinuation of the Company's RFID efforts; subsidiary Micron Communications, Inc. ceased operations. | |||
| 1999-06-03 | plant_closure | announced | 1999-06-03 | 1999-12-31 | United States | Radio Frequency Identification (RFID) development — Micron Communications, Inc. | USD 11 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company decided post-quarter to discontinue RFID development; majority-owned subsidiary Micron Communications, Inc. expected to cease operations in Q4 FY1999 with a pre-tax charge of $9–12 million. No employee count disclosed. | ||
| 1999-06-03 | restructuring | completed | Semiconductor memory operations | USD 13 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Net loss from write down and disposal of semiconductor memory operations equipment in Q3 1999. | |||||
| 1999-06-03 | restructuring | completed | Flat panel display | USD 15 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charge to write down certain flat panel display assets in Q2 1999. | |||||
| 1999-06-03 | other | completed | Corporate | USD -5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Reduction in employee benefit accruals in Q3 1999. | |||||
| 1999-06-03 | other | completed | Corporate | USD -5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Gain from cancellation of a compensation program in Q2 1999. | |||||
| 1999-06-03 | restructuring | announced | 1999-06-03 | 1999-12-31 | RFID development | USD 11 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Discontinuation of RFID development efforts; pre-tax charge of $9 to $12 million expected in Q4 1999. | |||
| 1999-03-04 | restructuring | in_progress | Japan | PC operations | USD 4 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge for consolidating the Company's PC operations in Japan in the second quarter of 1999; no employee count or completion date disclosed. | ||||
| 1999-03-04 | acquisition_addition | completed | 1998-09-30 | Italy; Singapore; United States (Richardson, TX); Singapore and Japan joint ventures | Semiconductor memory operations | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of substantially all of Texas Instruments' memory operations completed 1998-09-30; no headcount added was disclosed. | ||||
| 1999-03-04 | restructuring | completed | Japan | PC operations | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charge for cost of consolidating PC operations in Japan. | ||||
| 1999-03-04 | restructuring | completed | Domestic and International | PC operations | USD 13 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with employee termination benefits and consolidation of domestic and international operations. Reported in Q2 1998 comparative period. | ||||
| 1998-12-03 | acquisition_addition | completed | 1998-09-30 | Italy; Singapore; United States (Richardson, TX closed June 1998); joint ventures in Singapore and Japan | Semiconductor memory operations (wafer fabrication, assembly/test) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of substantially all of Texas Instruments' memory operations for approx. $832.8 million; no employee headcount transferred is disclosed. Includes 30% interest in TECH (Singapore) and 25% in KTI (Japan) joint ventures. | ||||
| 1998-12-03 | acquisition_addition | completed | 1998-09-14 | United States | Graphics accelerator products (Rendition, Inc.) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pooling-of-interests merger with Rendition, Inc.; approx. 3.6 million shares issued. No employee headcount disclosed. | ||||
| 1998-09-03 | acquisition_addition | completed | 3,900 | 1998-06-18 | 1998-09-30 | Italy, Singapore, United States | Semiconductor memory manufacturing | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | TI memory operations acquisition closed 1998-09-30 (after fiscal year-end). Breakdown: 1,400 Avezzano Italy, 2,300 Singapore, 200 United States. Additionally, approximately 770 KTI and 1,000 TECH joint venture employees are dependent upon but not stated as directly added to headcount. | ||
| 1998-09-03 | acquisition_addition | completed | 100 | 1998-06-22 | 1998-09-11 | United States | Graphics accelerator operations | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Stock-for-stock merger with Rendition completed 1998-09-11 (after fiscal year-end). Approximately 100 employees in California focused on graphics accelerator projects. | ||
| 1998-09-03 | restructuring | completed | Domestic and international | PC systems operations | USD 11 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY1998 charges of $11 million for employee termination benefits and consolidation of domestic and international PC operations. Employee count not disclosed. | ||||
| 1998-09-03 | restructuring | completed | 1998-06-30 | Domestic and International | PC Operations | USD 11 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges associated with PC operations resulting from employee termination benefits and consolidation of domestic and international operations. Occurred in Q2 1998. | |||
| 1998-09-03 | acquisition_addition | completed | 3,900 | 1998-09-30 | Italy, Singapore, United States | Semiconductor Memory | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Texas Instruments memory operations completed Sept 30, 1998. Added approx 3,900 employees: 1,400 in Avezzano, Italy; 2,300 in Singapore; 200 in US. | |||
| 1998-09-03 | acquisition_addition | completed | 100 | 1998-09-11 | California | Graphics Accelerators | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Merger with Rendition, Inc. completed Sept 11, 1998. Gained approx 100 employees located in California. | |||
| 1998-05-28 | restructuring | in_progress | Domestic and international | PC operations (Micron Electronics, Inc.) | USD 13 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD charge for employee termination benefits and consolidation of domestic/international PC operations; no employee count disclosed. | ||||
| 1998-05-28 | acquisition_addition | announced | 1998-06-18 | Italy, Singapore, United States (Texas) | Semiconductor memory operations | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire substantially all of TI's memory operations; no headcount figure disclosed. Closing subject to due diligence and regulatory approvals. | ||||
| 1998-05-28 | acquisition_addition | announced | 1998-06-22 | United States | Graphics accelerators (Rendition, Inc.) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock-for-stock merger agreement with Rendition, Inc.; shareholders to receive approximately 3.7 million MTI shares; no headcount disclosed. | ||||
| 1998-05-28 | restructuring | completed | Domestic and International | PC Operations | USD 13 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with employee termination benefits and consolidation of domestic and international operations. | ||||
| 1998-05-28 | acquisition_addition | announced | 1998-06-18 | Global | Semiconductor Memory | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Agreement to purchase substantially all of Texas Instruments' memory operations. Company expects to offer employment to most remaining TI memory employees. | ||||
| 1998-05-28 | acquisition_addition | announced | 1998-06-22 | Global | Graphics Accelerators | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Agreement to acquire Rendition, Inc. pursuant to a stock-for-stock merger. | ||||
| 1998-02-26 | restructuring | completed | Domestic and international | PC operations (Micron Electronics) | USD 13 (millions) | MD&A f5-10q / GLM-5.3-flash-fp4-HTML | Charges for employee termination benefits and consolidation of domestic and international PC operations; no headcount figure disclosed. | ||||
| 1998-02-26 | restructuring | in_progress | Domestic and international | PC operations | USD 13 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 FY1998 charge covers employee termination benefits plus consolidation of domestic and international PC operations; no employee count or completion date disclosed. | ||||
| 1998-02-26 | restructuring | completed | 1998-02-26 | PC operations | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with employee termination benefits and consolidation of domestic and international operations. | ||||
| 1997-02-27 | restructuring | completed | 1996-02-29 | Minneapolis, Minnesota | PC systems manufacturing | USD 30 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge recorded in Q2 1996 for discontinuation of ZEOS brand PC systems and closure of related manufacturing operations. Includes $14.5M for disposition of components/systems and $13.0M for goodwill write-off. Employee count not disclosed. | |||
| 1996-08-29 | plant_closure | completed | Minneapolis, Minnesota, United States | PC manufacturing operations (ZEOS brand) | USD 30 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring charge for discontinuing ZEOS brand PC sales and closing Minneapolis PC manufacturing; no employee count disclosed | ||||
| 1996-08-29 | restructuring | completed | 1996-08-29 | Minneapolis, Minnesota | PC operations | USD 30 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charge associated with discontinuation of ZEOS brand PC systems and closing of related manufacturing operations. | |||
| 1996-08-29 | restructuring | completed | Minneapolis, Minnesota, United States | Personal computer systems (Micron Electronics, Inc. / ZEOS brand) | USD 30 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | MEI adopted and completed a plan to discontinue ZEOS brand PC systems and close the related Minneapolis PC manufacturing operations; charge comprised principally $14.5 million for disposition of ZEOS components and systems and $13 million to write off unamortized goodwill. Reduced fully diluted EPS by $0.09. No employee headcount affected is disclosed. | ||||
| 1996-05-30 | restructuring | completed | Minneapolis, Minnesota | Micron Electronics, Inc. — PC manufacturing (ZEOS brand) | USD 30 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Second quarter 1996 pre-tax restructuring charge from decisions to discontinue ZEOS brand PC sales and close related PC manufacturing operations in Minneapolis; no employee counts disclosed. | ||||
| 1996-05-30 | plant_closure | in_progress | Minneapolis, Minnesota, United States | Micron Electronics, Inc. — ZEOS brand PC systems manufacturing | USD 30 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax restructuring charge recognized in the second quarter of fiscal 1996 (quarter ended 1996-02-29) arising from Micron Electronics' decision to discontinue ZEOS brand PC system sales and close related PC manufacturing operations. Number of employees affected, announcement date, and completion timing are not disclosed. | ||||
| 1996-05-30 | restructuring | completed | 1996-02-29 | Minneapolis, Minnesota | PC manufacturing operations | USD 30 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Pre-tax restructuring charge resulting from decisions to discontinue sales of ZEOS brand PC systems and close related PC manufacturing operations. Employee count not disclosed. | |||
| 1996-02-29 | restructuring | completed | Minneapolis, Minnesota, United States | Micron Electronics, Inc. (approximately 80% owned subsidiary) - PC manufacturing | USD 30 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Pre-tax restructuring charge in Q2 FY1996 from decisions to discontinue sales of ZEOS brand PC systems and close related PC manufacturing operations in Minneapolis, Minnesota. Charge reduced second quarter fully diluted EPS by $0.09. No employee count disclosed. | ||||
| 1996-02-29 | plant_closure | in_progress | Minneapolis, Minnesota, United States | Micron Electronics, Inc. — ZEOS brand PC systems manufacturing | USD 30 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Micron Electronics (~80% owned) decided to discontinue ZEOS brand PC systems and close related PC manufacturing operations in Minneapolis. Charge reduced Q2 FY1996 fully diluted EPS by $0.09. No employee count disclosed. | ||||
| 1996-02-29 | restructuring | completed | 1996-02-29 | Minneapolis, Minnesota | PC manufacturing operations | USD 30 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Discontinuation of ZEOS brand PC systems and closure of related manufacturing operations. Employee count not disclosed. | |||
| 1995-08-31 | acquisition_addition | completed | 1995-04-07 | 1995-04-07 | United States | Personal computer systems / contract manufacturing | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Micron Computer and Micron Custom Manufacturing Services merged into ZEOS International to form Micron Electronics (MEI), approximately 79% owned; headcount added not separately disclosed | |||
| 1995-08-31 | other | in_progress | 1996-12-31 | United States — Lehi, Utah | Semiconductor memory manufacturing | USD 2,500 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | New Lehi, Utah facility under construction, estimated cost $2.5 billion, expected to employ approximately 3,500 full-time employees at full build-out; expansion, not a workforce reduction | |||
| 1995-08-31 | acquisition_addition | completed | 1995-04-07 | 1995-04-07 | United States | Personal computer systems / contract manufacturing | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | ZEOS International merged with Micron Computer and Micron Custom Manufacturing Services to form Micron Electronics; headcount added not disclosed. |