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4 4  
5 5  = Overview =
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7 -Micron Technology is a world leader in innovative memory solutions. Through the company global brands – Micron ® , Crucial ® , Lexar ® , and Ballistix ® – the company broad portfolio of high-performance memory technologies, including DRAM, NAND, NOR Flash, and 3D XPoint™ memory, is transforming how the world uses information. Backed by more than 35 years of technology leadership, the company memory solutions enable the world's most innovative computing, consumer, enterprise storage, data center, mobile, embedded, and automotive applications. The accompanying consolidated financial statements include the accounts of Micron and the company consolidated subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America consistent in all material respects with those applied in the company Annual Report on Form 10-K for the year ended September 1, 2016. In the opinion of the company management, the accompanying unaudited consolidated financial statements contain all necessary adjustments, consisting of a normal recurring nature, to fairly state the financial information set forth herein. Certain reclassifications have been made to prior period amounts to conform to current period presentation.
7 +Micron Technology (MU) is a world leader in innovative memory solutions. Through the company global brands – Micron ® , Crucial ® , Lexar ® , and Ballistix ® – the company broad portfolio of high-performance memory technologies, including DRAM, NAND, NOR Flash, and 3D XPoint™ memory, is transforming how the world uses information. Backed by more than 35 years of technology leadership, the company memory solutions enable the world's most innovative computing, consumer, enterprise storage, data center, mobile, embedded, and automotive applications. The accompanying consolidated financial statements include the accounts of Micron and the company consolidated subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America consistent in all material respects with those applied in the company Annual Report on Form 10-K for the year ended September 1, 2016. In the opinion of the company management, the accompanying unaudited consolidated financial statements contain all necessary adjustments, consisting of a normal recurring nature, to fairly state the financial information set forth herein. Certain reclassifications have been made to prior period amounts to conform to current period presentation.{{footnote}}https://fintel.io/doc/sec-mu-micron-technology-10k-2018-october-15-17963{{/footnote}}
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9 9  The company's fiscal year is the 52 or 53-week period ending on the Thursday closest to August 31. Fiscal years 2017 and 2016 each contain 52 weeks. All period references are to the company fiscal periods unless otherwise indicated. These interim financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in the company Annual Report on Form 10-K for the year ended September 1, 2016.
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27 27  **//IMFT//** : IMFT is a VIE because all of its costs are passed to it and its other member, Intel, through product purchase agreements and because IMFT is dependent upon the company or Intel for additional cash requirements. The primary activities of IMFT are driven by the constant introduction of product and process technology. Because Micron Technologyperform a significant majority of the technology development, Micron Technologyhave the power to direct its key activities. In addition, IMFT manufactures certain products exclusively for it using the company technology. Micron Technologyconsolidate IMFT because Micron Technologyhave the power to direct the activities of IMFT that most significantly impact its economic performance and because Micron Technologyhave the obligation to absorb losses and the right to receive benefits from IMFT that could potentially be significant to it.
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29 29  = References =
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31 +{{putFootnotes/}}
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