Accrued Expenses and Other

12 Months Ended

Aug. 31, 2024

Supplier Financing Programs

Accrued Expenses and Other

Note G – Accrued Expenses and Other

Accrued expenses and other consisted of the following:

	August 31,		August 26,
(in thousands)	2024		2023
Accrued compensation, related payroll taxes and benefits	$	291,728	$	343,379
Property, sales and other taxes		190,317		165,731
Finance lease liabilities		115,559		86,916
Medical and casualty insurance claims (current portion)		107,877		127,624
Accrued interest		88,590		54,493
Accrued gift cards		58,529		59,254
Accrued sales and warranty returns		46,794		43,355
Other		161,352		120,089
	$	1,060,746	$	1,000,841

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.