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Debt (Tables)
3 Months Ended
Nov. 28, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
As of November 28, 2024As of August 29, 2024
Net Carrying AmountNet Carrying Amount
Stated RateEffective RateCurrentLong-TermTotalCurrentLong-TermTotal
2026 Term Loan A6.160 %6.29 %$49 $859 $908 $49 $872 $921 
2027 Term Loan A6.285 %6.42 %57 992 1,049 57 1,006 1,063 
2026 Notes
4.975 %5.07 %— 499 499 — 499 499 
2027 Notes(1)
4.185 %4.27 %— 827 827 — 838 838 
2028 Notes5.375 %5.52 %— 597 597 — 597 597 
2029 A Notes5.327 %5.40 %— 698 698 — 698 698 
2029 B Notes6.750 %6.54 %— 1,261 1,261 — 1,261 1,261 
2030 Notes
4.663 %4.73 %— 847 847 — 847 847 
2031 Notes
5.300 %5.41 %— 994 994 — 994 994 
2032 Green Bonds2.703 %2.77 %— 996 996 — 996 996 
2033 A Notes5.875 %5.96 %— 746 746 — 745 745 
2033 B Notes5.875 %6.01 %— 891 891 — 891 891 
2041 Notes3.366 %3.41 %— 497 497 — 497 497 
2051 Notes3.477 %3.52 %— 496 496 — 496 496 
Finance lease obligations
N/A5.06 %427 2,052 2,479 325 1,729 2,054 
 
$533 $13,252 $13,785 $431 $12,966 $13,397 
(1) In 2021, we entered into fixed-to-floating interest rate swaps on the 2027 Notes with an aggregate $900 million notional amount equal to the principal amount of the 2027 Notes. The resulting variable interest paid is at a rate equal to SOFR plus approximately 3.33%. The fixed-to-floating interest rate swaps are accounted for as fair value hedges, and as a result, the carrying values of our 2027 Notes reflect adjustments in fair value.
Schedule of Maturities of Notes Payable
As of November 28, 2024, maturities of notes payable and term loans by fiscal year were as follows:
Remainder of 2025$80 
2026607 
20271,780 
20281,493 
2029700 
2030 and thereafter6,750 
Unamortized issuance costs, discounts, and premium, net(33)
Hedge accounting fair value adjustment(71)
$11,306