Income Taxes (Tables)

12 Months Ended

Aug. 28, 2025

Income Tax Disclosure [Abstract]

Schedule of income (loss) before tax and other items

Our income tax (provision) benefit consisted of the following:

For the year ended	2025		2024		2023
Income (loss) before income taxes and equity in net income (loss) of equity method investees
U.S.	$	686	$	544	$	235
Foreign	8,968		696		(5,893)
	$	9,654	$	1,240	$	(5,658)
Income tax (provision) benefit
Current
U.S. federal	$	(275)	$	(82)	$	(5)
State	(15)		(1)		(1)
Foreign	(670)		(333)		(178)
	(960)		(416)		(184)
Deferred
U.S. federal	(118)		18		(84)
State	—		—		—
Foreign	(46)		(53)		91
	(164)		(35)		7
Income tax (provision) benefit	$	(1,124)	$	(451)	$	(177)

Schedule of components of income tax (provision) benefit

Our income tax (provision) benefit consisted of the following:

For the year ended	2025		2024		2023
Income (loss) before income taxes and equity in net income (loss) of equity method investees
U.S.	$	686	$	544	$	235
Foreign	8,968		696		(5,893)
	$	9,654	$	1,240	$	(5,658)
Income tax (provision) benefit
Current
U.S. federal	$	(275)	$	(82)	$	(5)
State	(15)		(1)		(1)
Foreign	(670)		(333)		(178)
	(960)		(416)		(184)
Deferred
U.S. federal	(118)		18		(84)
State	—		—		—
Foreign	(46)		(53)		91
	(164)		(35)		7
Income tax (provision) benefit	$	(1,124)	$	(451)	$	(177)

Schedule of effective income tax reconciliation

The table below reconciles our tax (provision) benefit based on the U.S. federal statutory rate to our effective rate:

For the year ended	2025				2024				2023
U.S. federal income tax (provision) benefit at statutory rate	$	(2,027)	21.0	%	$	(260)	21.0	%	$	1,188	21.0	%
U.S. tax on foreign operations	(476)		4.9		(7)		0.6		6		0.1
Change in valuation allowance	36		(0.4)		(59)		4.8		(50)		(0.9)
Change in unrecognized tax benefits	(23)		0.2		(41)		3.3		(30)		(0.5)
Foreign tax rate differential	1,132		(11.7)		(214)		17.2		(1,285)		(22.8)
Research and development tax credits	208		(2.2)		76		(6.1)		43		0.8
State taxes, net of federal benefit	(7)		0.1		12		(1.0)		37		0.7
Other	33		(0.3)		42		(3.4)		(86)		(1.5)
Income tax (provision) benefit	$	(1,124)	11.6	%	$	(451)	36.4	%	$	(177)	(3.1)	%

Schedule of deferred tax assets and liabilities

Deferred tax assets and liabilities consist of the following:

As of	August 28, 2025		August 29, 2024
Deferred tax assets
Net operating loss and tax credit carryforwards	$	1,016	$	1,050
Accrued salaries, wages, and benefits	203		182
Operating lease liabilities	192		175
Inventories	25		4
Other	37		59
Gross deferred tax assets	1,473		1,470
Less valuation allowance	(634)		(593)
Deferred tax assets, net of valuation allowance	839		877
Deferred tax liabilities
Right-of-use assets	(163)		(152)
Property, plant, and equipment	(6)		(194)
Other	(106)		(70)
Deferred tax liabilities	(275)		(416)
Net deferred tax assets	$	564	$	461
Reported as
Deferred tax assets	$	616	$	520
Deferred tax liabilities (included in other noncurrent liabilities)	(52)		(59)
Net deferred tax assets	$	564	$	461

Schedule of net operating loss carryforwards

As of August 28, 2025, our net operating loss carryforward amounts and expiration periods, as reported to tax authorities, were as follows:

Year of Expiration	Singapore		Malaysia		State		Japan		Total
2026 - 2030	$	—	$	—	$	29	$	—	$	29
2031 - 2035	—		—		139		308		447
2036 - 2040	—		—		192		—		192
2041 - 2045	—		—		71		—		71
Indefinite	2,511		1,437		—		—		3,948
	$	2,511	$	1,437	$	431	$	308	$	4,687

Schedule of tax credit carryforwards

As of August 28, 2025, our tax credit carryforward amounts and expiration periods, as reported to tax authorities, were as follows:

Year of Tax Credit Expiration	U.S. Federal		State		Other		Total
2026 - 2030	$	—	$	72	$	—	$	72
2031 - 2035	36		145		—		181
2036 - 2040	—		141		40		181
2041 - 2046	—		6		—		6
Indefinite	—		159		—		159
	$	36	$	523	$	40	$	599

Schedule of unrecognized tax benefits roll forward

Below is a reconciliation of the beginning and ending amount of our unrecognized tax benefits:

For the year ended	2025		2024		2023
Beginning unrecognized tax benefits	$	716	$	744	$	731
Increases related to tax positions from prior years	11		2		2
Increases related to prior year tax positions taken in current year	—		20		27
Increases related to tax positions taken in current year	55		54		17
Decreases related to tax positions from prior years	(8)		(89)		(33)
Decreases related to settlement with tax authorities	—		(15)		—
Reductions due to lapsed statutes of limitations	(39)		—		—
Ending unrecognized tax benefits	$	735	$	716	$	744