Cash and Investments (Tables)

3 Months Ended

Nov. 28, 2024

Investments and Cash [Abstract]

Cash and Investments

All of our short-term investments and long-term marketable investments were classified as available-for-sale as of the dates noted below. Cash and equivalents and the fair values of our available-for-sale investments, which approximated amortized costs, were as follows:

	As of November 28, 2024								As of August 29, 2024
	Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value		Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value
Cash	$	6,249	$	—	$	—	$	6,249	$	6,654	$	—	$	—	$	6,654
Level 1(2)
Money market funds	15		—		—		15		20		—		—		20
Level 2(3)
Certificates of deposit	354		—		—		354		316		6		—		322
Corporate bonds	40		666		671		1,377		—		771		571		1,342
Asset-backed securities	3		31		429		463		—		46		433		479
Government securities	26		63		56		145		35		82		42		159
Commercial paper	6		135		—		141		16		160		—		176
	6,693		$	895	$	1,156	$	8,744	7,041		$	1,065	$	1,046	$	9,152
Restricted cash(4)	4								11
Cash, cash equivalents, and restricted cash	$	6,697							$	7,052

(1)The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.

(2)The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.

(3)The fair value of Level 2 securities is measured using information obtained from pricing services, which obtain quoted market prices for similar instruments, non-binding market consensus prices that are corroborated by observable market data, or various other methodologies, to determine the appropriate value at the measurement date. We perform supplemental analysis to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of November 28, 2024 or August 29, 2024.

(4)Restricted cash is included in other current assets and primarily relates to certain government incentives received prior to being earned and for which restrictions lapse upon achieving certain performance conditions or which will be returned if performance conditions are not met.

Cash and Equivalents and the Fair Values of Available-for-sale Investments

All of our short-term investments and long-term marketable investments were classified as available-for-sale as of the dates noted below. Cash and equivalents and the fair values of our available-for-sale investments, which approximated amortized costs, were as follows:

	As of November 28, 2024								As of August 29, 2024
	Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value		Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value
Cash	$	6,249	$	—	$	—	$	6,249	$	6,654	$	—	$	—	$	6,654
Level 1(2)
Money market funds	15		—		—		15		20		—		—		20
Level 2(3)
Certificates of deposit	354		—		—		354		316		6		—		322
Corporate bonds	40		666		671		1,377		—		771		571		1,342
Asset-backed securities	3		31		429		463		—		46		433		479
Government securities	26		63		56		145		35		82		42		159
Commercial paper	6		135		—		141		16		160		—		176
	6,693		$	895	$	1,156	$	8,744	7,041		$	1,065	$	1,046	$	9,152
Restricted cash(4)	4								11
Cash, cash equivalents, and restricted cash	$	6,697							$	7,052

(1)The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.

(2)The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.

(3)The fair value of Level 2 securities is measured using information obtained from pricing services, which obtain quoted market prices for similar instruments, non-binding market consensus prices that are corroborated by observable market data, or various other methodologies, to determine the appropriate value at the measurement date. We perform supplemental analysis to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of November 28, 2024 or August 29, 2024.

(4)Restricted cash is included in other current assets and primarily relates to certain government incentives received prior to being earned and for which restrictions lapse upon achieving certain performance conditions or which will be returned if performance conditions are not met.