XML 44 R12.htm IDEA: XBRL DOCUMENT
v3.20.1

Debt | 8 Months Ended
--- | ---
May 10, 2020
Debt Disclosure [Abstract] |
Debt | Note 5—Debt The carrying value of the Company’s long-term debt consisted of the following:
| May 10, 2020 |  | September 1, 2019
1.700% Senior Notes due December 2019 | $ | 0 |  |  | $ | 1,200 |
1.750% Senior Notes due February 2020 | 0 |  |  | 500 |
2.150% Senior Notes due May 2021 | 1,000 |  |  | 1,000 |
2.250% Senior Notes due February 2022 | 500 |  |  | 500 |
2.300% Senior Notes due May 2022 | 800 |  |  | 800 |
2.750% Senior Notes due May 2024 | 1,000 |  |  | 1,000 |
3.000% Senior Notes due May 2027 | 1,000 |  |  | 1,000 |
1.375% Senior Notes due June 2027 | 1,250 |  |  | 0 |
1.600% Senior Notes due April 2030 | 1,750 |  |  | 0 |
1.750% Senior Notes due April 2032 | 1,000 |  |  | 0 |
Other long-term debt | 849 |  |  | 852 |
Total long-term debt | 9,149 |  |  | 6,852 |
Less unamortized debt discounts and issuance costs | 54 |  |  | 29 |
Less current portion(1) | 1,497 |  |  | 1,699 |
Long-term debt, excluding current portion | $ | 7,598 |  |  | $ | 5,124 |
_______________ (1)Net of unamortized debt discounts and issuance costs. As of May 10, 2020, includes the 2.150% and 2.250% Senior Notes which were repaid, prior to maturity, subsequent to the end of the quarter. The fair value of Senior Notes is estimated using Level 2 inputs. Other long-term debt consists of Guaranteed Senior Notes issued by the Company's Japan subsidiary, valued using Level 3 inputs. The fair value of the Company's long-term debt, including the current portion, was approximately $9,320 and $6,997 at May 10, 2020, and September 1, 2019, respectively. During the first thirty-six weeks of 2020, the Company paid the outstanding principal balances and interest on the 1.700% and 1.750% Senior Notes. In April 2020, the Company issued $4,000 in aggregate principal amount of Senior Notes as follows: $1,250 of 1.375% due June 2027; $1,750 of 1.600% due April 2030; and $1,000 of 1.750% due April 2032. A portion of the proceeds were used to repay, prior to maturity, the 2.150% and 2.250% Senior Notes subsequent to the end of the quarter, at a redemption price plus accrued interest as specified in the Notes' agreements. The remaining funds will be used for general corporate purposes.

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
Name: | us-gaap_DebtDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration