Financing (Tables)

12 Months Ended

Aug. 27, 2022

Financing

Schedule of Debt

The Company’s debt consisted of the following:

	August 27,		August 28,
(in thousands)	2022		2021
3.700% Senior Notes due April 2022, effective interest rate of 3.85%	$	—	$	500,000
2.875% Senior Notes due January 2023, effective interest rate of 3.21%		300,000		300,000
3.125% Senior Notes due July 2023, effective interest rate of 3.26%		500,000		500,000
3.125% Senior Notes due April 2024, effective interest rate 3.32%		300,000		300,000
3.250% Senior Notes due April 2025, effective interest rate 3.36%		400,000		400,000
3.625% Senior Notes due April 2025, effective interest rate 3.78%		500,000		500,000
3.125% Senior Notes due April 2026, effective interest rate of 3.28%		400,000		400,000
3.750% Senior Notes due June 2027, effective interest rate of 3.83%		600,000		600,000
3.750% Senior Notes due April 2029, effective interest rate of 3.86%		450,000		450,000
4.000% Senior Notes due April 2030, effective interest rate 4.09%		750,000		750,000
1.650% Senior Notes due January 2031, effective interest rate of 2.19%		600,000		600,000
4.750% Senior Notes due August 2032, effective interest rate of 4.76%		750,000		—
Commercial paper, weighted average interest rate of 2.43% at August 27, 2022		603,400		—
Total debt before discounts and debt issuance costs		6,153,400		5,300,000
Less: Discounts and debt issuance costs		31,308		30,180
Long-term Debt	$	6,122,092	$	5,269,820

Scheduled Maturities of Debt

	Scheduled
(in thousands)	Maturities
2023	$	1,403,400
2024		300,000
2025		900,000
2026		400,000
2027		600,000
Thereafter		2,550,000
Subtotal		6,153,400
Discount and debt issuance costs		31,308
Total Debt	$	6,122,092