Intangible Assets

3 Months Ended

Nov. 28, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible Assets

	As of November 28, 2024						As of August 29, 2024
	Gross Amount		Accumulated Amortization		Net Carrying Amount		Gross Amount		Accumulated Amortization		Net Carrying Amount
Product and process technology	$	700	$	(292)	$	408	$	683	$	(278)	$	405
Other	11		—		11		11		—		11
	$	711	$	(292)	$	419	$	694	$	(278)	$	416

In the first quarters of 2025 and 2024, we capitalized $21 million and $22 million, respectively, for product and process technology with weighted-average useful lives of 10 years and 9 years, respectively. Amortization expense was $18 million and $20 million for the first three months of 2025 and 2024, respectively. Expected amortization expense is $52 million for the remainder of 2025, $59 million for 2026, $54 million for 2027, $52 million for 2028, and $44 million for 2029.