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Stockholders' Equity | 12 Months Ended
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Sep. 03, 2023
Stockholders' Equity Note [Abstract] |
Stockholders' Equity | Note 6—EquityDividendsCash dividends declared in 2023 totaled $3.84 per share, as compared to $3.38 in 2022. The Company's current quarterly dividend rate is $1.02 per share.Stock Repurchase ProgramsThe Company's stock repurchase program is conducted under a $4,000 authorization by the Board of Directors, which expires in January 2027. As of the end of 2023, the remaining amount available under the authorization was $3,563. The following table summarizes the Company’s stock repurchase activity:SharesRepurchased(000’s)AveragePrice perShareTotal Cost20231,341 $504.68 $677 2022863 511.46 442 20211,358 364.39 495 These amounts may differ from repurchases of common stock in the consolidated statements of cash flows due to changes in unsettled stock repurchases at the end of each fiscal year. Purchases are made from time to time, as conditions warrant, in the open market or in block purchases and pursuant to plans under SEC Rule 10b5-1.

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