8-KOther EventsExhibits & Filings

MICRON TECHNOLOGY INC 8-K Report, Corporate Update (Jul 22, 2014)

Filed July 22, 2014For Securities:MU

Summary

Micron Technology, Inc. (MU) filed this Form 8-K on July 22, 2014, primarily to provide updated segment reporting financial information. This filing is in response to a change in its organizational structure, leading to the establishment of four distinct reportable business segments: Compute and Networking, Storage, Embedded, and Mobile. The purpose of this 8-K is to present historical financial data from its Annual Report on Form 10-K for the fiscal year ended August 29, 2013, in accordance with this new segment structure. This ensures consistency with the presentation in its recent Form 10-Q filing and for future SEC filings. Investors should note that this report does not include any revisions for events occurring after the date of the referenced Annual Report, and they are encouraged to consult subsequent SEC filings for the most up-to-date information.

Key Highlights

  • 1Micron Technology is restating historical financial information to align with its new four-segment business structure.
  • 2The new segments are: Compute and Networking, Storage, Embedded, and Mobile Business Units.
  • 3This filing amends the presentation of historical data from the Annual Report (Form 10-K) for the year ended August 29, 2013.
  • 4The goal is to ensure consistency in segment reporting across recent and future SEC filings.
  • 5This report primarily concerns a change in financial reporting presentation, not new operational or financial results.
  • 6No new financial information or updates on events post-August 29, 2013, are included in this filing.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide updated segment reporting financial information. Micron has reorganized its business into four reportable segments, and this filing restates historical financial data from its previous Annual Report to reflect this new structure for consistency.

Micron's new business segments are: Compute and Networking Business Unit, Storage Business Unit, Embedded Business Unit, and Mobile Business Unit.

No, this filing does not include any new financial results or updates on events that have occurred since the date of its Annual Report for the year ended August 29, 2013. It solely focuses on revising the presentation of historical segment data for consistency.

Investors are encouraged to refer to Micron's subsequent filings with the Securities and Exchange Commission (SEC) for information related to their business and results of operations subsequent to the date of the Annual Report referenced in this filing.