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Equity Compensation Plans
 6 Months Ended
Feb. 27, 2025
Share-Based Payment Arrangement [Abstract]  
Equity Compensation Plans
Equity Compensation Plans

As of February 27, 2025, 57 million shares of our common stock were available for future awards under our equity compensation plans, including 9 million shares approved for issuance under our employee stock purchase plan (“ESPP”).

Restricted Stock and Restricted Stock Units (“Restricted Stock Awards”)

Restricted Stock Awards activity is summarized as follows:

Six months endedFebruary 27, 2025February 29, 2024
Restricted stock award shares granted1012
Weighted-average grant-date fair value per share$100.65 $67.78 

Employee Stock Purchase Plan (“ESPP”)

For each six-month ESPP offering period that ended in the second quarter of 2025 and 2024, employees purchased 2 million in each period at a share price of $78.63 and $60.68, respectively.
Stock-based Compensation Expense

Stock-based compensation expense recognized in our statements of operations is presented below. Stock-based compensation expense of $118 million and $99 million was capitalized and remained in inventory as of February 27, 2025 and August 29, 2024, respectively.

Quarter Ended
Six months ended
February 27, 2025February 29, 2024February 27, 2025February 29, 2024
Stock-based compensation expense by caption
Cost of goods sold$89 $80 $179 $147 
Research and development88 77 165 145 
Selling, general, and administrative56 52 106 99 
$233 $209 $450 $391 
Stock-based compensation expense by type of award
Restricted stock awards$212 $191 $404 $354 
ESPP21 18 46 37 
$233 $209 $450 $391 

As of February 27, 2025, $1.96 billion of total unrecognized compensation costs for unvested awards, before the effect of any future forfeitures, was expected to be recognized through the second quarter of 2029, resulting in a weighted-average period of 1.3 years.