Income Taxes (Tables)

12 Months Ended

Aug. 28, 2022

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Income before income taxes is comprised of the following:

	2022		2021		2020
Domestic	$	5,759	$	4,931	$	4,204
Foreign	2,081		1,749		1,163
Total	$	7,840	$	6,680	$	5,367

Schedule of Components of Income Tax Expense (Benefit)

The provisions for income taxes are as follows:

	2022		2021		2020
Federal:
Current	$	798	$	718	$	616
Deferred	(35)		84		77
Total federal	763		802		693
State:
Current	333		265		230
Deferred	(5)		11		8
Total state	328		276		238
Foreign:
Current	851		557		372
Deferred	(17)		(34)		5
Total foreign	834		523		377
Total provision for income taxes	$	1,925	$	1,601	$	1,308

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation between the statutory tax rate and the effective rate for 2022, 2021, and 2020 is as follows:

	2022				2021				2020
Federal taxes at statutory rate	$	1,646	21.0	%	$	1,403	21.0	%	$	1,127	21.0	%
State taxes, net	267		3.4		243		3.6		190		3.6
Foreign taxes, net	231		3.0		92		1.4		92		1.7
Employee stock ownership plan (ESOP)	(23)		(0.3)		(91)		(1.3)		(24)		(0.5)
Other	(196)		(2.5)		(46)		(0.7)		(77)		(1.4)
Total	$	1,925	24.6	%	$	1,601	24.0	%	$	1,308	24.4	%

Schedule of Deferred Tax Assets and Liabilities

The components of the deferred tax assets (liabilities) are as follows:

	2022		2021
Deferred tax assets:
Equity compensation	$	84	$	72
Deferred income/membership fees	302		161
Foreign tax credit carry forward	201		146
Operating lease liabilities	727		769
Accrued liabilities and reserves	694		681
Other	5		62
Total deferred tax assets	2,013		1,891
Valuation allowance	(313)		(214)
Total net deferred tax assets	1,700		1,677
Deferred tax liabilities:
Property and equipment	(962)		(935)
Merchandise inventories	(231)		(216)
Operating lease right-of-use assets	(701)		(744)
Foreign branch deferreds	(85)		(92)
Total deferred tax liabilities	(1,979)		(1,987)
Net deferred tax liabilities	$	(279)	$	(310)

Schedule Of Gross Unrecognized Tax Benefits Table

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits for 2022 and 2021 is as follows:

	2022		2021
Gross unrecognized tax benefit at beginning of year	$	33	$	30
Gross increases—current year tax positions	1		2
Gross increases—tax positions in prior years	12		2
Gross decreases—tax positions in prior years	(12)		—
Gross decreases—settlements	(12)		—
Lapse of statute of limitations	(6)		(1)
Gross unrecognized tax benefit at end of year	$	16	$	33