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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Jun. 01, 2023
Jun. 02, 2022
Cash flows from operating activities    
Net income (loss) $ (4,403) $ 7,195
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation expense and amortization of intangible assets 5,819 5,234
Provision to write down inventories to net realizable value 1,831 0
Stock-based compensation 448 378
(Gain) loss on debt repurchases 0 83
Change in operating assets and liabilities:    
Receivables 2,728 (906)
Inventories (3,406) (1,146)
Accounts payable and accrued expenses (1,764) 382
Other 57 184
Net cash provided by operating activities 1,310 11,404
Cash flows from investing activities    
Expenditures for property, plant, and equipment (6,215) (8,454)
Purchases of available-for-sale securities (496) (1,359)
Proceeds from maturities of available-for-sale securities 1,170 964
Proceeds from government incentives 248 104
Proceeds from sales of available-for-sale securities 22 258
Proceeds from sale of Lehi, Utah fab 0 888
Other (90) (162)
Net cash provided by (used for) investing activities (5,361) (7,761)
Cash flows from financing activities    
Proceeds from issuance of debt 6,716 2,000
Repayments of debt (706) (2,008)
Repurchases of common stock - repurchase program (425) (1,648)
Payments of dividends to shareholders (378) (335)
Payments on equipment purchase contracts (112) (132)
Other 0 (17)
Net cash provided by (used for) financing activities 5,095 (2,140)
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash (13) (71)
Net increase (decrease) in cash, cash equivalents, and restricted cash 1,031 1,432
Cash, cash equivalents, and restricted cash at beginning of period 8,339 7,829
Cash, cash equivalents, and restricted cash at end of period $ 9,370 $ 9,261