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Debt (Tables) | 12 Months Ended
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Aug. 29, 2019
Debt Disclosure [Abstract] |
Schedule of Debt |
As of |  | 2019 |  | 2018
|  |  |  |  |  |  |  | Net Carrying Amount |  |  |  | Net Carrying Amount
Instrument |  | Stated Rate |  | Effective Rate |  | Principal |  | Current |  | Long-Term |  | Total(1) |  | Principal |  | Current |  | Long-Term |  | Total(1)
IMFT Member Debt |  | N/A |  |  | N/A |  |  | $ | 693 |  |  | $ | 693 |  |  | $ | — |  |  | $ | 693 |  |  | $ | 1,009 |  |  | $ | — |  |  | $ | 1,009 |  |  | $ | 1,009 |
Capital lease obligations |  | N/A |  |  | 4.30 | % |  | 591 |  |  | 223 |  |  | 368 |  |  | 591 |  |  | 846 |  |  | 310 |  |  | 536 |  |  | 846 |
MMJ Creditor Payments |  | N/A |  |  | 9.76 | % |  | 206 |  |  | 198 |  |  | — |  |  | 198 |  |  | 520 |  |  | $ | 309 |  |  | 183 |  |  | 492 |
2024 Notes |  | 4.64 | % |  | 4.76 | % |  | 600 |  |  | — |  |  | 597 |  |  | 597 |  |  | — |  |  | — |  |  | — |  |  | — |
2025 Notes |  | 5.50 | % |  | 5.56 | % |  | 519 |  |  | — |  |  | 516 |  |  | 516 |  |  | 519 |  |  | — |  |  | 515 |  |  | 515 |
2026 Notes |  | 4.98 | % |  | 5.07 | % |  | 500 |  |  | — |  |  | 497 |  |  | 497 |  |  | — |  |  | — |  |  | — |  |  | — |
2027 Notes |  | 4.19 | % |  | 4.27 | % |  | 900 |  |  | — |  |  | 895 |  |  | 895 |  |  | — |  |  | — |  |  | — |  |  | — |
2029 Notes |  | 5.33 | % |  | 5.40 | % |  | 700 |  |  | — |  |  | 696 |  |  | 696 |  |  | — |  |  | — |  |  | — |  |  | — |
2030 Notes |  | 4.66 | % |  | 4.73 | % |  | 850 |  |  | — |  |  | 845 |  |  | 845 |  |  | — |  |  | — |  |  | — |  |  | — |
2032D Notes(2) |  | 3.13 | % |  | 6.33 | % |  | 134 |  |  | — |  |  | 127 |  |  | 127 |  |  | 143 |  |  | — |  |  | 132 |  |  | 132 |
2033F Notes(2)(3) |  | 2.13 | % |  | 4.93 | % |  | 62 |  |  | 196 |  |  | — |  |  | 196 |  |  | 107 |  |  | 235 |  |  | — |  |  | 235 |
2043G Notes |  | 3.00 | % |  | 6.76 | % |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,019 |  |  | — |  |  | 682 |  |  | 682 |
2022 Term Loan B |  | 4.24 | % |  | 4.65 | % |  | — |  |  | — |  |  | — |  |  | — |  |  | 735 |  |  | 5 |  |  | 720 |  |  | 725 |
|  |  |  |  |  | $ | 5,755 |  |  | $ | 1,310 |  |  | $ | 4,541 |  |  | $ | 5,851 |  |  | $ | 4,898 |  |  | $ | 859 |  |  | $ | 3,777 |  |  | $ | 4,636 |
(1) | Net carrying amount is the principal amount less unamortized debt discount and issuance costs. In addition, the net carrying amount as of August 29, 2019 and August 30, 2018 included $135 million and $132 million, respectively, of derivative debt liabilities recognized as a result of our election to settle entirely in cash converted notes with an aggregate principal amount of $44 million and $35 million, respectively.
(2) | Since the closing price of our common stock exceeded 130% of the conversion price per share for at least 20 trading days in the 30 trading day period ended on June 30, 2019, these notes are convertible by the holders through the calendar quarter ended September 30, 2019. Additionally, the closing price of our common stock also exceeded the thresholds for the calendar quarter ended September 30, 2019; therefore, these notes are convertible by the holders at any time through December 31, 2019.
(3) | Current debt as of August 29, 2019 included an aggregate of $179 million for the settlement obligation (including principal and amounts in excess of principal) for conversions of our 2033F Notes that settled in cash in the first quarter of 2020. The remainder of the 2033F Notes were classified as current as of August 29, 2019 because the terms of these notes require us to pay cash for the principal amount of any converted notes and holders of these notes had the right to convert their notes as of that date.
Schedule of MMJ Creditor Payments | The following table presents the remaining MMJ Creditor Payment (stated in Japanese yen and U.S. dollars) as of August 29, 2019:
2020 |  | ¥ | 21,757 |  |  | $ | 206 |
Less unamortized discount |  | (709 | ) |  | (8 | )
|  | ¥ | 21,048 |  |  | $ | 198 |
Schedule of Convertible Senior Notes |
|  | Holder Put Date(1) |  | Maturity Date |  | Conversion Price Per Share |  | Conversion Price Per Share Threshold(2) |  | Underlying Shares of Common Stock |  | Conversion Value in Excess of Principal(3) |  | Principal Settlement Option(4)
2032D Notes |  | May 2021 |  | May 2032 |  | $ | 9.98 |  |  | $ | 12.97 |  |  | 13 |  |  | $ | 464 |  |  | Cash and/or shares
2033F Notes(5) |  | Feb. 2020 |  | Feb. 2033 |  | 10.93 |  |  | 14.21 |  |  | 6 |  |  | 190 |  |  | Cash
|  |  |  |  |  |  |  |  |  | 19 |  |  | $ | 654 |  |  |
(1) | Debt discount and debt issuance costs are amortized through the earliest holder put date.
(2) | Represents 130% of the conversion price per share. If the trading price of our common stock exceeds such threshold for a specified period, holders may convert such notes during a specified period. See "Conversion Rights" below.
(3) | Based on the trading price of our common stock of $44.67 as of August 29, 2019.
(4) | It is our current intent to settle in cash the principal amount of our convertible notes upon conversion. As a result, only the amounts payable in excess of the principal amounts upon conversion of our convertible notes are considered in diluted earnings per share under the treasury stock method. For each of our convertible notes, we may elect to settle any amounts in excess of the principal in cash, shares of our common stock, or a combination thereof.
(5) | Holders may put their notes to us on February 15, 2020 and on February 15, 2023.
Redemption Features of Convertible Debt |
|  | Conditional Redemption Period at Our Option(1) |  | Unconditional Redemption Period at Our Option |  | Redemption Period Requiring Make-Whole
2032D Notes |  | On or after May 1, 2017 |  | On or after May 4, 2021 |  | Prior to May 4, 2021(2)
2033F Notes |  | N/A |  | On or after Feb. 20, 2020 |  | N/A
(1) | We may redeem for cash on or after the applicable dates if the volume weighted average price of our common stock has been at least 130% of the conversion price for at least 20 trading days during any 30 consecutive trading day period.
(2) | If we redeem prior to the applicable date, we will pay a make-whole premium in cash equal to the present value of the remaining scheduled interest payments from the redemption date to May 4, 2021.
Debt Issuances, Prepayments, Repurchases, and Conversions |
|  | Increase (Decrease) in Principal |  | Increase (Decrease) in Carrying Value |  | Increase (Decrease) in Cash |  | Decrease in Equity |  | Gain (Loss)
Issuances |  |  |  |  |  |  |  |  |  |
2024 Notes(1) |  | $ | 600 |  |  | $ | 597 |  |  | $ | 597 |  |  | $ | — |  |  | $ | — |
2026 Notes(1) |  | 500 |  |  | 497 |  |  | 497 |  |  | — |  |  | — |
2027 Notes(2) |  | 900 |  |  | 895 |  |  | 895 |  |  | — |  |  | — |
2029 Notes(1) |  | 700 |  |  | 695 |  |  | 695 |  |  | — |  |  | — |
2030 Notes(2) |  | 850 |  |  | 845 |  |  | 845 |  |  | — |  |  | — |
Prepayments |  |  |  |  |  |  |  |  |  |
2022 Term Loan B |  | (728 | ) |  | (721 | ) |  | (728 | ) |  | — |  |  | (7 | )
Settled conversions |  |  |  |  |  |  |  |  |  |
2032D Notes |  | (10 | ) |  | (9 | ) |  | (35 | ) |  | (28 | ) |  | 2 |
2033F Notes |  | (45 | ) |  | (175 | ) |  | (192 | ) |  | (28 | ) |  | 11 |
2043G Notes |  | (1,019 | ) |  | (691 | ) |  | (1,426 | ) |  | (326 | ) |  | (400 | )
Conversions not settled |  |  |  |  |  |  |  |  |  |
2033F Notes(3) |  | — |  |  | 135 |  |  | — |  |  | (133 | ) |  | (2 | )
|  | $ | 1,748 |  |  | $ | 2,068 |  |  | $ | 1,148 |  |  | $ | (515 | ) |  | $ | (396 | )
Maturities of Notes Payable and Future Minimum Lease Payments | As of August 29, 2019, maturities of notes payable (including the MMJ Creditor Payments) and future minimum lease payments under capital lease obligations were as follows:
|  | Notes Payable |  | Capital Lease Obligations
2020 |  | $ | 1,095 |  |  | $ | 248 |
2021 |  | 134 |  |  | 107 |
2022 |  | — |  |  | 73 |
2023 |  | — |  |  | 48 |
2024 |  | 600 |  |  | 37 |
2025 and thereafter |  | 3,469 |  |  | 189 |
Unamortized discounts and interest, respectively |  | (38 | ) |  | (111 | )
|  | $ | 5,260 |  |  | $ | 591 |

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- Definition Tabular disclosure of borrowings which can be exchanged for a specified number of another security at the option of the issuer or the holder. Disclosures include, but are not limited to, principal amount, amortized premium or discount, and amount of liability and equity components. + References No definition available. + Details
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