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Income Taxes (Tables)

12 Months Ended

Sep. 01, 2019

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Income before income taxes is comprised of the following:

	2019				2018				2017
Domestic	$	3,591			$	3,182			$	2,988
Foreign	1,174				1,260				1,051
Total	$	4,765			$	4,442			$	4,039

Schedule of Components of Income Tax Expense (Benefit)

The provisions for income taxes are as follows:

	2019				2018				2017
Federal:
Current	$	328			$	636			$	802
Deferred	222				(35		)		7
Total federal	550				601				809
State:
Current	178				190				161
Deferred	26				22				8
Total state	204				212				169
Foreign:
Current	405				487				389
Deferred	(98		)		(37		)		(42		)
Total foreign	307				450				347
Total provision for income taxes	$	1,061			$	1,263			$	1,325

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation between the statutory tax rate and the effective rate is as follows:

	2019							2018							2017
Federal taxes at statutory rate	$	1,001			21.0	%		$	1,136			25.6	%		$	1,414			35.0	%
State taxes, net	171				3.6			154				3.4			116				2.9
Foreign taxes, net	(1		)		0.0			32				0.7			(64		)		(1.6	)
Employee stock ownership plan (ESOP)	(18		)		(0.4	)		(14		)		(0.3	)		(104		)		(2.6	)
2017 Tax Act	(123		)		(2.6	)		19				0.4			—				—
Other	31				0.7			(64		)		(1.4	)		(37		)		(0.9	)
Total	$	1,061			22.3	%		$	1,263			28.4	%		$	1,325			32.8	%

Schedule of Deferred Tax Assets and Liabilities

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

	2019				2018
Deferred tax assets:
Equity compensation	$	74			$	72
Deferred income/membership fees	180				136
Foreign tax credit carry forward	65				—
Accrued liabilities and reserves	566				484
Total deferred tax assets	885				692
Valuation allowance	(76		)		—
Total net deferred tax assets	809				692
Deferred tax liabilities:
Property and equipment	(677		)		(478		)
Merchandise inventories	(187		)		(175		)
Foreign branch deferreds	(69		)		—
Other	(21		)		(40		)
Total deferred tax liabilities	$	(954	)		$	(693	)
Net deferred tax (liabilities)/assets	$	(145	)		$	(1	)

Schedule Of Gross Unrecognized Tax Benefits Table

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits for 2019 and 2018 is as follows:

	2019				2018
Gross unrecognized tax benefit at beginning of year	$	36			$	52
Gross increases—current year tax positions	5				6
Gross increases—tax positions in prior years	2				6
Gross decreases—tax positions in prior years	0				(17		)
Settlements	(4		)		(1		)
Lapse of statute of limitations	(12		)		(10		)
Gross unrecognized tax benefit at end of year	$	27			$	36

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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