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Debt (Tables)
 12 Months Ended
Aug. 29, 2019
Debt Disclosure [Abstract]  
Schedule of Debt
As of
 
2019
 
2018
 
 
 
 
 
 
 
 
Net Carrying Amount
 
 
 
Net Carrying Amount
Instrument
 
Stated Rate
 
Effective Rate
 
Principal
 
Current
 
Long-Term
 
Total(1)
 
Principal
 
Current
 
Long-Term
 
Total(1)
IMFT Member Debt
 
N/A

 
N/A

 
$
693

 
$
693

 
$
—

 
$
693

 
$
1,009

 
$
—

 
$
1,009

 
$
1,009

Capital lease obligations
 
N/A

 
4.30
%
 
591

 
223

 
368

 
591

 
846

 
310

 
536

 
846

MMJ Creditor Payments
 
N/A

 
9.76
%
 
206

 
198

 
—

 
198

 
520

 
$
309

 
183

 
492

2024 Notes
 
4.64
%
 
4.76
%
 
600

 
—

 
597

 
597

 
—

 
—

 
—

 
—

2025 Notes
 
5.50
%
 
5.56
%
 
519

 
—

 
516

 
516

 
519

 
—

 
515

 
515

2026 Notes
 
4.98
%
 
5.07
%
 
500

 
—

 
497

 
497

 
—

 
—

 
—

 
—

2027 Notes
 
4.19
%
 
4.27
%
 
900

 
—

 
895

 
895

 
—

 
—

 
—

 
—

2029 Notes
 
5.33
%
 
5.40
%
 
700

 
—

 
696

 
696

 
—

 
—

 
—

 
—

2030 Notes
 
4.66
%
 
4.73
%
 
850

 
—

 
845

 
845

 
—

 
—

 
—

 
—

2032D Notes(2)
 
3.13
%
 
6.33
%
 
134

 
—

 
127

 
127

 
143

 
—

 
132

 
132

2033F Notes(2)(3)
 
2.13
%
 
4.93
%
 
62

 
196

 
—

 
196

 
107

 
235

 
—

 
235

2043G Notes
 
3.00
%
 
6.76
%
 
—

 
—

 
—

 
—

 
1,019

 
—

 
682

 
682

2022 Term
Loan B
 
4.24
%
 
4.65
%
 
—

 
—

 
—

 
—

 
735

 
5

 
720

 
725

 
 
 
 
 
 
$
5,755

 
$
1,310

 
$
4,541

 
$
5,851

 
$
4,898

 
$
859

 
$
3,777

 
$
4,636


(1) 
Net carrying amount is the principal amount less unamortized debt discount and issuance costs. In addition, the net carrying amount as of August 29, 2019 and August 30, 2018 included $135 million and $132 million, respectively, of derivative debt liabilities recognized as a result of our election to settle entirely in cash converted notes with an aggregate principal amount of $44 million and $35 million, respectively.
(2) 
Since the closing price of our common stock exceeded 130% of the conversion price per share for at least 20 trading days in the 30 trading day period ended on June 30, 2019, these notes are convertible by the holders through the calendar quarter ended September 30, 2019. Additionally, the closing price of our common stock also exceeded the thresholds for the calendar quarter ended September 30, 2019; therefore, these notes are convertible by the holders at any time through December 31, 2019.
(3) 
Current debt as of August 29, 2019 included an aggregate of $179 million for the settlement obligation (including principal and amounts in excess of principal) for conversions of our 2033F Notes that settled in cash in the first quarter of 2020. The remainder of the 2033F Notes were classified as current as of August 29, 2019 because the terms of these notes require us to pay cash for the principal amount of any converted notes and holders of these notes had the right to convert their notes as of that date.
Schedule of MMJ Creditor Payments
The following table presents the remaining MMJ Creditor Payment (stated in Japanese yen and U.S. dollars) as of August 29, 2019:
2020
 
¥
21,757

 
$
206

Less unamortized discount
 
(709
)
 
(8
)
 
 
¥
21,048

 
$
198
Schedule of Convertible Senior Notes
 
 
Holder Put
Date(1)
 
Maturity Date
 
Conversion Price Per Share
 
Conversion Price Per Share Threshold(2)
 
Underlying Shares of Common Stock
 
Conversion Value in Excess of Principal(3)
 
Principal
Settlement
Option(4)
2032D Notes
 
May 2021
 
May 2032
 
$
9.98

 
$
12.97

 
13

 
$
464

 
Cash and/or shares
2033F Notes(5)
 
Feb. 2020
 
Feb. 2033
 
10.93

 
14.21

 
6

 
190

 
Cash
 
 
 
 
 
 
 
 
 
 
19

 
$
654

 
 
(1) 
Debt discount and debt issuance costs are amortized through the earliest holder put date.
(2) 
Represents 130% of the conversion price per share. If the trading price of our common stock exceeds such threshold for a specified period, holders may convert such notes during a specified period. See "Conversion Rights" below.
(3) 
Based on the trading price of our common stock of $44.67 as of August 29, 2019.
(4) 
It is our current intent to settle in cash the principal amount of our convertible notes upon conversion. As a result, only the amounts payable in excess of the principal amounts upon conversion of our convertible notes are considered in diluted earnings per share under the treasury stock method. For each of our convertible notes, we may elect to settle any amounts in excess of the principal in cash, shares of our common stock, or a combination thereof.
(5) 
Holders may put their notes to us on February 15, 2020 and on February 15, 2023.
Redemption Features of Convertible Debt
 
 
Conditional Redemption Period
at Our Option(1)
 
Unconditional Redemption Period
at Our Option
 
Redemption Period Requiring
Make-Whole
2032D Notes
 
On or after May 1, 2017
 
On or after May 4, 2021
 
Prior to May 4, 2021(2)
2033F Notes
 
N/A
 
On or after Feb. 20, 2020
 
N/A

(1) 
We may redeem for cash on or after the applicable dates if the volume weighted average price of our common stock has been at least 130% of the conversion price for at least 20 trading days during any 30 consecutive trading day period.
(2) 
If we redeem prior to the applicable date, we will pay a make-whole premium in cash equal to the present value of the remaining scheduled interest payments from the redemption date to May 4, 2021.
Debt Issuances, Prepayments, Repurchases, and Conversions
 
 
Increase (Decrease) in Principal
 
Increase (Decrease) in Carrying Value
 
Increase (Decrease) in Cash
 
Decrease in Equity
 
Gain (Loss)
Issuances
 
 
 
 
 
 
 
 
 
 
2024 Notes(1)
 
$
600

 
$
597

 
$
597

 
$
—

 
$
—

2026 Notes(1)
 
500

 
497

 
497

 
—

 
—

2027 Notes(2)
 
900

 
895

 
895

 
—

 
—

2029 Notes(1)
 
700

 
695

 
695

 
—

 
—

2030 Notes(2)
 
850

 
845

 
845

 
—

 
—

Prepayments
 
 
 
 
 
 
 
 
 
 
2022 Term Loan B
 
(728
)
 
(721
)
 
(728
)
 
—

 
(7
)
Settled conversions
 
 
 
 
 
 
 
 
 
 
2032D Notes
 
(10
)
 
(9
)
 
(35
)
 
(28
)
 
2

2033F Notes
 
(45
)
 
(175
)
 
(192
)
 
(28
)
 
11

2043G Notes
 
(1,019
)
 
(691
)
 
(1,426
)
 
(326
)
 
(400
)
Conversions not settled
 
 
 
 
 
 
 
 
 
 
2033F Notes(3)
 
—

 
135

 
—

 
(133
)
 
(2
)
 
 
$
1,748

 
$
2,068

 
$
1,148

 
$
(515
)
 
$
(396
)
Maturities of Notes Payable and Future Minimum Lease Payments

As of August 29, 2019, maturities of notes payable (including the MMJ Creditor Payments) and future minimum lease payments under capital lease obligations were as follows:
 
 
Notes Payable
 
Capital Lease Obligations
2020
 
$
1,095

 
$
248

2021
 
134

 
107

2022
 
—

 
73

2023
 
—

 
48

2024
 
600

 
37

2025 and thereafter
 
3,469

 
189

Unamortized discounts and interest, respectively
 
(38
)
 
(111
)
 
 
$
5,260

 
$
591