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Fair Value Measurement
12 Months Ended
Sep. 01, 2024
Fair Value Disclosures [Abstract]  
Fair Value Measurement
Note 3—Fair Value Measurement
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The table below presents information regarding the Company’s financial assets and liabilities that are measured at fair value on a recurring basis and indicate the level within the hierarchy reflecting the valuation techniques utilized to determine such fair value.
Level 2
20242023
Investment in government and agency securities$688 $633 
Forward foreign-exchange contracts, in asset position(1)
18 
Forward foreign-exchange contracts, in (liability) position(1)
(28)(7)
Total$661 $644 
 ____________
(1)The asset and the liability values are included in other current assets and other current liabilities, respectively, in the consolidated balance sheets.
At September 1, 2024, and September 3, 2023, the Company did not hold any Level 1 or 3 financial assets or liabilities that were measured at fair value on a recurring basis. There were no transfers between levels during 2024 or 2023.
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Assets and liabilities recognized and disclosed at fair value on a nonrecurring basis include items such as financial assets measured at amortized cost and long-lived nonfinancial assets. These assets are measured at fair value if determined to be impaired. There were no material fair value adjustments to these items during 2024. Please see Note 1 for additional information.