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Micron Technology Inc. – ‘10-K’ for 8/31/23 – ‘EX-31.1’

On:  Friday, 10/6/23, at 4:01pm ET   ·   For:  8/31/23   ·   Accession #:  723125-23-54   ·   File #:  1-10658

Previous ‘10-K’:  ‘10-K’ on 10/7/22 for 9/1/22   ·   Latest ‘10-K’:  This Filing   ·   24 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

10/06/23  Micron Technology Inc.            10-K        8/31/23  133:24M

Annual Report   —   Form 10-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.17M 
 2: EX-10.10    EX-10.10 Deferred Compensation Plan                 HTML    151K 
 3: EX-21.1     EX-21.1 Subsidiaries of the Registrant              HTML     34K 
 4: EX-23.1     EX-23.1 Consent of Independent Registered Public    HTML     31K 
                Accounting Firm                                                  
 9: EX-97.1     EX-97.1 Compensation Recoupment (Clawback) Policy   HTML     54K 
 5: EX-31.1     EX-31.1 CEO Cert                                    HTML     35K 
 6: EX-31.2     EX-31.2 CFO Cert                                    HTML     35K 
 7: EX-32.1     EX-32.1 906 CEO Cert                                HTML     32K 
 8: EX-32.2     EX-32.2 906 CFO Cert                                HTML     32K 
15: R1          Cover Page                                          HTML     97K 
16: R2          Audit Information                                   HTML     37K 
17: R3          Consolidated Statements of Operations               HTML    111K 
18: R4          Consolidated Statements of Comprehensive Income     HTML     65K 
                (Loss)                                                           
19: R5          Consolidated Balance Sheets                         HTML    142K 
20: R6          Consolidated Balance Sheets (Parenthetical)         HTML     43K 
21: R7          Statement of Changes in Equity                      HTML    102K 
22: R8          Consolidated Statements of Cash Flows               HTML    129K 
23: R9          Significant Accounting Policies                     HTML     51K 
24: R10         Lehi, Utah Fab and 3D XPoint                        HTML     35K 
25: R11         Variable Interest Entities                          HTML     35K 
26: R12         Cash and Investments                                HTML     74K 
27: R13         Receivables                                         HTML     39K 
28: R14         Inventories                                         HTML     40K 
29: R15         Property, Plant, and Equipment                      HTML     45K 
30: R16         Intangible Assets                                   HTML     40K 
31: R17         Goodwill                                            HTML     38K 
32: R18         Leases                                              HTML    115K 
33: R19         Accounts Payable and Accrued Expenses               HTML     41K 
34: R20         Debt                                                HTML    153K 
35: R21         Commitments                                         HTML     35K 
36: R22         Contingencies                                       HTML     51K 
37: R23         Equity                                              HTML     57K 
38: R24         Fair Value Measurements                             HTML     40K 
39: R25         Derivative Instruments                              HTML     61K 
40: R26         Equity Plans                                        HTML     78K 
41: R27         Employee Benefit Plans                              HTML     38K 
42: R28         Government Incentives                               HTML     40K 
43: R29         Revenue                                             HTML     45K 
44: R30         Restructure and Asset Impairments                   HTML     44K 
45: R31         Other Operating (Income) Expense, Net               HTML     44K 
46: R32         Other Non-Operating Income (Expense), Net           HTML     42K 
47: R33         Income Taxes                                        HTML    154K 
48: R34         Earnings Per Share                                  HTML     48K 
49: R35         Segment and Other Information                       HTML     90K 
50: R36         Certain Concentrations                              HTML     45K 
51: R37         Geographic Information                              HTML     58K 
52: R38         Schedule II Valuation and Qualifying Accounts       HTML     42K 
53: R39         Pay vs Performance Disclosure                       HTML     44K 
54: R40         Insider Trading Arrangements                        HTML     43K 
55: R41         Significant Accounting Policies (Policies)          HTML    102K 
56: R42         Segment Reporting (Policies)                        HTML     35K 
57: R43         Cash and Investments (Tables)                       HTML    118K 
58: R44         Receivables (Tables)                                HTML     39K 
59: R45         Inventories (Tables)                                HTML     40K 
60: R46         Property, Plant, and Equipment (Tables)             HTML     44K 
61: R47         Intangible Assets (Tables)                          HTML     40K 
62: R48         Goodwill (Tables)                                   HTML     38K 
63: R49         Leases (Tables)                                     HTML     84K 
64: R50         Accounts Payable and Accrued Expenses (Tables)      HTML     41K 
65: R51         Debt (Tables)                                       HTML    144K 
66: R52         Equity (Tables)                                     HTML     50K 
67: R53         Fair Value Measurements (Tables)                    HTML     38K 
68: R54         Derivative Instruments (Tables)                     HTML     56K 
69: R55         Equity Plans (Tables)                               HTML     76K 
70: R56         Government Incentives (Tables)                      HTML     36K 
71: R57         Revenue (Tables)                                    HTML     41K 
72: R58         Restructure and Asset Impairments (Tables)          HTML     42K 
73: R59         Other Operating (Income) Expense, Net (Tables)      HTML     44K 
74: R60         Other Non-Operating Income (Expense), Net (Tables)  HTML     41K 
75: R61         Income Taxes (Tables)                               HTML    183K 
76: R62         Earnings Per Share (Tables)                         HTML     50K 
77: R63         Segment and Other Information (Tables)              HTML     84K 
78: R64         Certain Concentrations (Tables)                     HTML     44K 
79: R65         Geographic Information (Tables)                     HTML     59K 
80: R66         Schedule II Valuation and Qualifying Accounts       HTML     42K 
                (Tables)                                                         
81: R67         Significant Accounting Policies - Inventories       HTML     62K 
                (Details)                                                        
82: R68         Significant Accounting Policies - Product and       HTML     35K 
                Process Technology (Details)                                     
83: R69         Significant Accounting Policies - Property, Plant   HTML     45K 
                and Equipment (Details)                                          
84: R70         Lehi, Utah Fab and 3D XPoint (Details)              HTML     47K 
85: R71         Cash and Investments (Details)                      HTML     90K 
86: R72         Cash and Investments - Non-marketable Equity        HTML     43K 
                Investments (Details)                                            
87: R73         Receivables (Details)                               HTML     40K 
88: R74         Inventories (Details)                               HTML     43K 
89: R75         Inventories - Change to FIFO (Details)              HTML     81K 
90: R76         Property, Plant, and Equipment (Details)            HTML     64K 
91: R77         Intangible Assets (Details)                         HTML     64K 
92: R78         Goodwill (Details)                                  HTML     53K 
93: R79         Leases - Cost and Cash Flows (Details)              HTML     92K 
94: R80         Leases - Maturities (Details)                       HTML     67K 
95: R81         Leases - Not Yet Commenced (Details)                HTML     36K 
96: R82         Accounts Payable and Accrued Expenses (Details)     HTML     44K 
97: R83         Debt - Long-term Debt (Details)                     HTML    144K 
98: R84         Debt - Debt Activity (Details)                      HTML    103K 
99: R85         Debt Additional Disclosures (Details)               HTML    126K 
100: R86         Debt Maturities (Details)                           HTML     57K  
101: R87         Commitments (Details)                               HTML     52K  
102: R88         Contingencies (Details)                             HTML     81K  
103: R89         Equity - Common Stock Repurchases and Dividends     HTML     58K  
                (Details)                                                        
104: R90         Equity - Accumulated Other Comprehensive Income     HTML     70K  
                (Details)                                                        
105: R91         Fair Value Measurements - Fair and Carrying Value   HTML     37K  
                of Debt (Details)                                                
106: R92         Derivative Instruments - Notional Amounts and Fair  HTML     64K  
                Values (Details)                                                 
107: R93         Derivative Instruments - Gain (Loss) on             HTML     52K  
                Derivatives (Details)                                            
108: R94         Equity Plans - Share Based Information and          HTML    105K  
                Restricted Stock Awards (Details)                                
109: R95         Equity Plans - ESPP and Stock Options (Details)     HTML     76K  
110: R96         Equity Plans - Stock-based compensation expense     HTML     63K  
                (Details)                                                        
111: R97         Employee Benefit Plans - (Details)                  HTML     45K  
112: R98         Government Incentives (Details)                     HTML     70K  
113: R99         Revenue (Details)                                   HTML     52K  
114: R100        Restructure and Asset Impairments (Details)         HTML     59K  
115: R101        Other Operating (Income) Expense, Net (Details)     HTML     45K  
116: R102        Other Non-Operating Income (Expense), Net           HTML     40K  
                (Details)                                                        
117: R103        Income Taxes - Income (loss) before Taxes and       HTML     70K  
                Other Items (Details)                                            
118: R104        Income Taxes - Effective Income Tax Rate            HTML     83K  
                Reconciliation (Details)                                         
119: R105        Income Taxes - Tax Holiday and Other (Details)      HTML     38K  
120: R106        Income Taxes - Deferred Tax Assets and Liabilities  HTML     69K  
                (Details)                                                        
121: R107        Income Taxes - Operating Loss Carryforwards         HTML     78K  
                (Details)                                                        
122: R108        Income Taxes - Tax Credit Carryforwards (Details)   HTML     56K  
123: R109        Income Taxes - Unrecognized Tax Benefits (Details)  HTML     65K  
124: R110        Earnings Per Share (Details)                        HTML     70K  
125: R111        Segment and Other Information (Details)             HTML    110K  
126: R112        Certain Concentrations (Details)                    HTML     53K  
127: R113        Geographic Information (Details)                    HTML     65K  
128: R114        Schedule II Valuation and Qualifying Accounts       HTML     42K  
                (Details)                                                        
131: XML         IDEA XML File -- Filing Summary                      XML    241K  
129: XML         XBRL Instance -- mu-20230831_htm                     XML   3.11M  
130: EXCEL       IDEA Workbook of Financial Report Info              XLSX    234K  
11: EX-101.CAL  XBRL Calculations -- mu-20230831_cal                 XML    304K 
12: EX-101.DEF  XBRL Definitions -- mu-20230831_def                  XML    967K 
13: EX-101.LAB  XBRL Labels -- mu-20230831_lab                       XML   2.91M 
14: EX-101.PRE  XBRL Presentations -- mu-20230831_pre                XML   1.70M 
10: EX-101.SCH  XBRL Schema -- mu-20230831                           XSD    243K 
132: JSON        XBRL Instance as JSON Data -- MetaLinks              792±  1.16M  
133: ZIP         XBRL Zipped Folder -- 0000723125-23-000054-xbrl      Zip   5.89M  


‘EX-31.1’   —   EX-31.1 CEO Cert


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 C:   C: 
  Document  

EXHIBIT 31.1
RULE 13a-14(a) CERTIFICATION OF
CHIEF EXECUTIVE OFFICER
I, Sanjay Mehrotra, certify that:
1.I have reviewed this Annual Report on Form 10-K of Micron Technology, Inc.;
2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, and cash flows of the registrant as of, and for, the periods presented in this report;
4.The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a.Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d.Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a.All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
b.Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date:October 6, 2023/s/ Sanjay Mehrotra
President and Chief Executive Officer and Director





Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:10/6/23
For Period end:8/31/23144,  4
 List all Filings 


3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/11/24  Micron Technology Inc.            424B5                  2:629K                                   Toppan Merrill/FA
 1/10/24  Micron Technology Inc.            424B2                  1:577K                                   Toppan Merrill/FA
11/02/23  Micron Technology Inc.            S-3ASR     11/02/23    5:503K                                   Toppan Merrill/FA


21 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/29/23  Micron Technology Inc.            10-Q        6/01/23   97:10M
 4/11/23  Micron Technology Inc.            8-K:1,8,9   4/11/23   12:572K
 3/29/23  Micron Technology Inc.            10-Q        3/02/23   99:12M
 2/09/23  Micron Technology Inc.            8-K:1,8,9   2/09/23   12:518K
12/22/22  Micron Technology Inc.            10-Q       12/01/22   93:13M
10/31/22  Micron Technology Inc.            8-K:1,8,9  10/31/22   12:508K
10/07/22  Micron Technology Inc.            10-K        9/01/22  126:33M
 7/01/22  Micron Technology Inc.            10-Q        6/02/22   96:13M
11/01/21  Micron Technology Inc.            8-K:1,8,9  11/01/21   12:649K                                   Toppan Merrill/FA
 7/01/21  Micron Technology Inc.            10-Q        6/03/21   95:15M
 2/16/21  Micron Technology Inc.            8-K:5,9     2/15/21   14:1M
12/01/20  Micron Technology Inc.            DEF 14A     1/14/21    1:28M
 7/12/19  Micron Technology Inc.            8-K:1,8,9   7/10/19    4:721K                                   Toppan Merrill/FA
 2/06/19  Micron Technology Inc.            8-K:1,8,9   2/04/19    5:1.2M                                   Toppan Merrill/FA
12/20/17  Micron Technology Inc.            10-Q       11/30/17   91:8.3M
12/07/17  Micron Technology Inc.            DEF 14A     1/17/18    1:5.2M
11/13/17  Micron Technology Inc.            8-K:5,9    11/10/17    2:49K
10/28/16  Micron Technology Inc.            10-K        9/01/16  146:22M
 1/26/15  Micron Technology Inc.            8-K:5,9     1/22/15    3:232K                                   Toppan Merrill/FA
 4/07/14  Micron Technology Inc.            10-Q        2/27/14  103:18M
11/01/07  Micron Technology Inc.            8-K:5,9    11/01/07    3:83K
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Filing Submission 0000723125-23-000054   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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