Earnings Per Share

9 Months Ended

Jun. 01, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

	Quarter ended				Nine months ended
	June 1, 2023		June 2, 2022		June 1, 2023		June 2, 2022
Net income (loss) – Basic and Diluted	$	(1,896)	$	2,626	$	(4,403)	$	7,195
Weighted-average common shares outstanding – Basic	1,094		1,112		1,092		1,117
Dilutive effect of equity plans	—		9		—		10
Weighted-average common shares outstanding – Diluted	1,094		1,121		1,092		1,127
Earnings (loss) per share
Basic	$	(1.73)	$	2.36	$	(4.03)	$	6.44
Diluted	(1.73)		2.34		(4.03)		6.38

Antidilutive potential common shares excluded from the computation of diluted earnings per share, that could dilute basic earnings per share in the future, were 31 million and 33 million for the third quarter and first nine months of 2023, respectively, and were 4 million and 3 million for the third quarter and first nine months of 2022.