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Accrued Expenses and Other
12 Months Ended
Aug. 27, 2022
Accrued Expenses and Other  
Accrued Expenses and Other

Note C – Accrued Expenses and Other

Accrued expenses and other consisted of the following:

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​

​

​

​

​

​

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August 27,

    

August 28,

(in thousands)

​

2022

​

2021

​

​

​

​

​

​

​

Accrued compensation, related payroll taxes and benefits

​

$

414,892

​

$

470,561

Property, sales and other taxes

​

 

153,305

​

 

135,831

Medical and casualty insurance claims (current portion)

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115,201

​

 

121,237

Finance lease liabilities

​

 

92,877

​

 

89,932

Accrued gift cards

​

 

52,237

​

 

50,369

Accrued interest

​

 

50,696

​

 

55,435

Accrued sales and warranty returns

​

 

35,696

​

 

32,418

Other

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93,797

​

 

84,005

​

​

$

1,008,701

​

$

1,039,788

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​

​

​

​

​

​

​

The Company retains a significant portion of the insurance risks associated with workers’ compensation, general, product liability, property and vehicle insurance. A portion of these self-insured losses is managed through a wholly owned insurance captive. The Company maintains certain levels for stop-loss coverage for each self-insured plan in order to limit its liability for large claims. The retained limits per claim type are $2.0 million for workers’ compensation, $5.0 million for auto liability, $21.5 million for property and $2.0 million for general and product liability.