Investments

8 Months Ended

May 07, 2023

Investments, Debt and Equity Securities [Abstract]

Investments

Note 2—Investments

The Company's investments were as follows:

May 7, 2023:	Cost Basis		Unrealized Losses, Net		Recorded Basis
Available-for-sale:
Government and agency securities	$	602	$	(2)	$	600
Held-to-maturity:
Certificates of deposit	615		—		615
Total short-term investments	$	1,217	$	(2)	$	1,215

August 28, 2022:	Cost Basis		Unrealized Losses, Net		Recorded Basis
Available-for-sale:
Government and agency securities	$	534	$	(5)	$	529
Held-to-maturity:
Certificates of deposit	317		—		317
Total short-term investments	$	851	$	(5)	$	846

Gross unrecognized holding gains and losses on available-for-sale securities were not material for the periods ended May 7, 2023, and August 28, 2022. At those dates, there were no available-for-sale securities in a material continuous unrealized-loss position. There were no sales of available-for-sale securities during the first thirty-six weeks of 2023 or 2022.

The maturities of available-for-sale and held-to-maturity securities at May 7, 2023 are as follows:

	Available-For-Sale				Held-To-Maturity
	Cost Basis		Fair Value
Due in one year or less	$	126	$	125	$	615
Due after one year through five years	324		324		—
Due after five years	152		151		—
Total	$	602	$	600	$	615