Accrued Expenses and Other

12 Months Ended

Aug. 26, 2023

Accrued Expenses and Other

Accrued Expenses and Other

Note C – Accrued Expenses and Other

Accrued expenses and other consisted of the following:

	August 26,		August 27,
(in thousands)	2023		2022
Accrued compensation, related payroll taxes and benefits	$	343,379	$	414,892
Property, sales and other taxes		165,731		153,305
Medical and casualty insurance claims (current portion)		127,624		115,201
Finance lease liabilities		86,916		92,877
Accrued gift cards		59,254		52,237
Accrued interest		54,493		50,696
Accrued sales and warranty returns		43,355		35,696
Other		120,089		93,797
	$	1,000,841	$	1,008,701

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, $7.5 million for auto liability, $21.5 million for property and $2.0 million for general and product liability.