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Financing (Tables)
12 Months Ended
Aug. 31, 2013
Debt Disclosure [Abstract]  
Schedule of Debt

The Company’s debt consisted of the following:

 

(in thousands)

   August 31,
2013
     August 25,
2012
 

5.875% Senior Notes due October 2012, effective interest rate of 6.33%

   $ —         $ 300,000   

4.375% Senior Notes due June 2013, effective interest rate of 5.65%

     —           200,000   

6.500% Senior Notes due January 2014, effective interest rate of 6.63%

     500,000         500,000   

5.750% Senior Notes due January 2015, effective interest rate of 5.89%

     500,000         500,000   

5.500% Senior Notes due November 2015, effective interest rate of 4.86%

     300,000         300,000   

6.950% Senior Notes due June 2016, effective interest rate of 7.09%

     200,000         200,000   

7.125% Senior Notes due August 2018, effective interest rate of 7.28%

     250,000         250,000   

4.000% Senior Notes due November 2020, effective interest rate of 4.43%

     500,000         500,000   

3.700% Senior Notes due April 2022, effective interest rate of 3.85%

     500,000         500,000   

2.875% Senior Notes due January 2023, effective interest rate of 3.21%

     300,000         —     

3.125% Senior Notes due July 2023, effective interest rate of 3.26%

     500,000         —     

Commercial paper, weighted average interest rate of 0.29% and 0.42% at August 31, 2013 and August 25, 2012, respectively

     637,000         513,402   

Unsecured, peso denominated borrowings, weighted average interest rate of 4.57% at August 25, 2012

     —           4,781   
  

 

 

    

 

 

 

Total debt

     4,187,000         3,768,183   

Less: Short-term borrowings

     173,733         49,881   
  

 

 

    

 

 

 

Long-term debt

   $ 4,013,267       $ 3,718,302   
  

 

 

    

 

 

 
Scheduled Maturities of Long-Term Debt

Scheduled maturities of long-term debt are as follows:

 

(in thousands)

   Scheduled
Maturities
 

2014

   $ 963,267   

2015

     500,000   

2016

     500,000   

2017

     —     

2018

     250,000   

Thereafter

     1,800,000   
  

 

 

 
   $ 4,013,267