Cash and Investments

3 Months Ended

Nov. 27, 2025

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 cash equivalents and the fair values of our available-for-sale securities, which approximated amortized costs, were as follows:


	As of November 27, 2025								As of August 28, 2025
	Cash and Cash Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value		Cash and Cash Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value

Cash	$	8,441	$	—	$	—	$	8,441	$	7,875	$	—	$	—	$	7,875
Level 1(2)
Money market funds	45		—		—		45		410		—		—		410
Level 2(3)
Certificates of deposit	919		6		—		925		1,292		6		—		1,298
Corporate bonds	201		490		1,140		1,831		23		559		1,047		1,629
Asset-backed securities	—		27		504		531		—		31		521		552
Government securities	30		41		53		124		9		43		61		113
Commercial paper	95		23		—		118		33		26		—		59
	9,731		$	587	$	1,697	$	12,015	9,642		$	665	$	1,629	$	11,936
Restricted cash(4)	1								4
Cash, cash equivalents, and restricted cash	$	9,732							$	9,646

(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 27, 2025 or August 28, 2025.

(4)Restricted cash is included in other current assets.

Gross realized gains and losses from sales of available-for-sale securities were not material for any period presented.

Non-marketable Equity Investments

In addition to the amounts included in the table above, we had $183 million and $194 million of non-marketable equity investments without a readily determinable fair value that were included in other noncurrent assets as of November 27, 2025 and August 28, 2025, respectively. Our non-marketable equity investments are recorded at cost minus impairment, if any, adjusted for qualifying observable price changes.