Income Taxes (Tables)

9 Months Ended

Jun. 02, 2022

Income Tax Disclosure [Abstract]

Schedule Of Interim Income Tax Disclosures

Our income tax (provision) benefit consisted of the following:

	Quarter ended						Nine months ended
	June 2, 2022			June 3, 2021			June 2, 2022			June 3, 2021
Income before taxes	$	2,988		$	1,806		$	8,018		$	3,282
Income tax (provision) benefit	(358)			(65)			(832)			(164)
Effective tax rate	12.0		%	3.6		%	10.4		%	5.0		%

On March 16, 2022, the Idaho governor signed a new law that changed the way corporations calculate Idaho taxable income. This new law is expected to reduce our Idaho taxable income, and consequently, we do not expect to utilize our tax credits in Idaho for the foreseeable future. As a result, we recorded a discrete valuation allowance against our Idaho deferred tax assets and an increase to tax expense of $189 million in the third quarter of 2022.