(2) Other operating expense in fiscal 2012 includes $17 million from the termination of a lease with IM Flash Technologies, LLC ("IMFT"), a joint venture of the company, and a charge of $10 million to write off a receivable in connection with resolution of certain prior year tax matters.(3) On July 31, 2013, the company completed its acquisition of Elpida Memory, Inc. ("Elpida"), a Japanese corporation. Elpida's assets include, among others: a 300mm DRAM wafer fabrication facility located in Hiroshima, Japan; its 65% ownership interest in Rexchip Electronics Corporation ("Rexchip"), a Taiwanese corporation and manufacturing joint venture, whose assets include a 300mm DRAM wafer fabrication facility located in Taiwan; and an assembly and test facility located in Akita, Japan. Elpida's semiconductor memory products include Mobile DRAM targeted toward mobile phones and tablets. In a related transaction, on July 31, 2013, the company completed its acquisition from Powerchip Technology Corporation and certain of its affiliates (collectively, the "Powerchip Group") of an additional 24% interest in Rexchip. The total purchase price was $949 million and the provisional fair value of the net assets acquired, net of noncontrolling interests, was $2,433 million. As a result, the company recorded a gain of $1,484 million in connection with the acquisition. The provisional fair values of assets and liabilities acquired include, among other items, cash and restricted cash aggregating $1,618 million (which includes the company's payment to Elpida of $556 million set aside for the first Elpida creditor installment), inventories of $962 million; property, plant and equipment of $935 million; net deferred tax assets of $917 million and debt of ($2,134) million. The provisional fair values are subject to change within the one-year measurement period ending in the fourth quarter of fiscal 2014.
|4th Qtr.||3rd Qtr.||4th Qtr.||Year Ended|
|Aug. 29 ,||May 30 ,||Aug. 30 ,||Aug. 29,||Aug. 30,|
|Gain (loss) from changes in currency exchange rates||$ 2||$ (45)||$ 8||$ (229)||$ (6)|
|Gain on Inotera issuance of shares||48||--||--||48||--|
|Loss on extinguishment of debt||--||--||--||(31)||--|
|Gain (loss) from investments||(4)||(1)||(4)||(5)||35|
|$ 45||$ (45)||$ 5||$ (218)||$ 29|