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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Nov. 21, 2020
Nov. 23, 2019
Cash flows from operating activities:    
Net income $ 442,433 $ 350,338
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property and equipment and intangibles 89,551 89,750
Amortization of debt origination fees 3,150 2,195
Deferred income taxes 10,295 1,940
Share-based compensation expense 10,508 9,996
Changes in operating assets and liabilities:    
Accounts receivable 17,491 (23,246)
Merchandise inventories (124,746) (133,206)
Accounts payable and accrued expenses 56,273 48,270
Income taxes payable 79,558 69,390
Other, net 98,978 31,675
Net cash provided by operating activities 683,491 447,102
Cash flows from investing activities:    
Capital expenditures (113,036) (101,407)
Purchase of marketable debt securities (45,985) (35,448)
Proceeds from sale of marketable debt securities 51,210 45,765
(Payments) proceeds from disposal of capital assets and other, net (2,368) 379
Net cash used in investing activities (110,179) (90,711)
Cash flows from financing activities:    
Net proceeds of commercial paper   79,700
Net proceeds from sale of common stock 28,666 8,822
Purchase of treasury stock (678,324) (449,999)
Repayment of principal portion of finance lease liabilities (13,786) (14,331)
Net cash used in financing activities (663,444) (375,808)
Effect of exchange rate changes on cash 3,322 1,206
Net decrease in cash and cash equivalents (86,810) (18,211)
Cash and cash equivalents at beginning of period 1,750,815 176,300
Cash and cash equivalents at end of period $ 1,664,005 $ 158,089