Leases (Tables)

9 Months Ended

May 28, 2020

Leases [Abstract]

Schedule of Components of Lease Expense

Short-term and variable lease expenses were not significant and are presented within operating lease costs in the table below. Sublease income was not significant in any period presented. The components of lease expense are presented below:

	Quarter ended		Nine months ended
	May 28, 2020		May 28, 2020
Finance leases
Amortization of right-of-use asset	$	29	$	108
Interest on lease liability	6		17
Operating leases	27		75
	$	62	$	200

Schedule of Other Lease Information

Other information related to our leases were as follows:

Nine months ended	May 28, 2020
Cash flows used for operating activities
Finance leases	$	18
Operating leases(1)	15
Cash flows used for financing activities
Finance leases	171
Noncash acquisitions of right-of-use assets
Finance leases	81
Operating leases	32

⁽¹⁾Amount is net of $48 million of reimbursements received for tenant improvements.

As of	May 28, 2020
Finance lease right-of-use assets (included in property, plant, and equipment)	$	550
Weighted-average remaining lease term (in years)
Finance leases	4.7
Operating leases	7.1
Weighted-average discount rate
Finance leases	4.64		%
Operating leases	2.67		%

Schedule of Operating Lease Maturities

Maturities of lease liabilities existing as of May 28, 2020 were as follows:

For the year ending	Finance Leases		Operating Leases
Remainder of 2020	$	85	$	18
2021	86		69
2022	83		67
2023	58		63
2024	47		54
2025 and thereafter	280		445
Less imputed interest	(110)		(122)
	$	529	$	594

Schedule of Finance Lease Maturities

Maturities of lease liabilities existing as of May 28, 2020 were as follows:

For the year ending	Finance Leases		Operating Leases
Remainder of 2020	$	85	$	18
2021	86		69
2022	83		67
2023	58		63
2024	47		54
2025 and thereafter	280		445
Less imputed interest	(110)		(122)
	$	529	$	594