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Leases | 9 Months Ended
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Jun. 03, 2021
Leases [Abstract] |
Leases | Leases The components of lease expense are presented below:
| Quarter ended |  | Nine months ended
| June 3, 2021 | May 28, 2020 |  | June 3, 2021 | May 28, 2020
Finance lease cost |  |  |  |  |
Amortization of right-of-use assets | $ | 16 |  | $ | 29 |  |  | $ | 49 |  | $ | 108 |
Interest on lease liabilities | 5 |  | 6 |  |  | 15 | 17 |
Operating lease cost | 28 |  | 27 |  |  | 82 | 75
| $ | 49 |  | $ | 62 |  |  | $ | 146 |  | $ | 200 |
Short-term and variable lease expenses were not significant and are presented within operating lease costs in the table above. Sublease income was not significant for any period presented. Other information related to our leases was as follows:
Nine months ended | June 3, 2021 | May 28, 2020
Cash flows used for operating activities |  |
Finance leases | $ | 16 |  | $ | 18 |
Operating leases(1) | 80 |  | 15 |
Cash flows used for financing activities from financing leases | 61 |  | 171 |
Noncash acquisitions of right-of-use assets |  |
Finance leases | 164 |  | 81 |
Operating leases | 19 |  | 32 |
(1) Includes $48 million of reimbursements received for tenant improvements for the nine months ended May 28, 2020.
As of | June 3, 2021 | September 3, 2020
Finance lease right-of-use assets (included in property, plant, and equipment and assets held for sale) | $ | 541 |  | $ | 426 |
Weighted-average remaining lease term (in years) |  |  |  |  |  |
Finance leases | 5 |  |  | 5 |  |
Operating leases | 7 |  |  | 7 |  |
Weighted-average discount rate |  |  |  |  |  |
Finance leases | 3.62 | % | 4.51 | %
Operating leases | 2.64 | % | 2.67 | %
Maturities of lease liabilities existing as of June 3, 2021 were as follows:
For the year ending | Finance Leases | Operating Leases
Remainder of 2021 | $ | 27 |  | $ | 14 |
2022 | 110 |  | 72 |
2023 | 97 |  | 68 |
2024 | 71 |  | 61 |
2025 | 56 |  | 50 |
2026 and thereafter | 340 |  | 413 |
Less imputed interest | (103) |  | (111) |
| $ | 598 |  | $ | 567 |
The table above excludes any lease liabilities for leases that have been executed but have not yet commenced. As of June 3, 2021, we had such lease liabilities relating to 1) operating lease payment obligations of $147 million for the initial 10-year lease term for a building, which may, at our election, be terminated after 3 years or extended for an additional 10 years, and 2) finance lease obligations of $807 million over a weighted-average period of 15 years for leases embedded in gas supply arrangements. We will recognize right-of-use assets and associated lease liabilities at the time such assets become available for our use.
Leases | Leases The components of lease expense are presented below:
| Quarter ended |  | Nine months ended
| June 3, 2021 | May 28, 2020 |  | June 3, 2021 | May 28, 2020
Finance lease cost |  |  |  |  |
Amortization of right-of-use assets | $ | 16 |  | $ | 29 |  |  | $ | 49 |  | $ | 108 |
Interest on lease liabilities | 5 |  | 6 |  |  | 15 | 17 |
Operating lease cost | 28 |  | 27 |  |  | 82 | 75
| $ | 49 |  | $ | 62 |  |  | $ | 146 |  | $ | 200 |
Short-term and variable lease expenses were not significant and are presented within operating lease costs in the table above. Sublease income was not significant for any period presented. Other information related to our leases was as follows:
Nine months ended | June 3, 2021 | May 28, 2020
Cash flows used for operating activities |  |
Finance leases | $ | 16 |  | $ | 18 |
Operating leases(1) | 80 |  | 15 |
Cash flows used for financing activities from financing leases | 61 |  | 171 |
Noncash acquisitions of right-of-use assets |  |
Finance leases | 164 |  | 81 |
Operating leases | 19 |  | 32 |
(1) Includes $48 million of reimbursements received for tenant improvements for the nine months ended May 28, 2020.
As of | June 3, 2021 | September 3, 2020
Finance lease right-of-use assets (included in property, plant, and equipment and assets held for sale) | $ | 541 |  | $ | 426 |
Weighted-average remaining lease term (in years) |  |  |  |  |  |
Finance leases | 5 |  |  | 5 |  |
Operating leases | 7 |  |  | 7 |  |
Weighted-average discount rate |  |  |  |  |  |
Finance leases | 3.62 | % | 4.51 | %
Operating leases | 2.64 | % | 2.67 | %
Maturities of lease liabilities existing as of June 3, 2021 were as follows:
For the year ending | Finance Leases | Operating Leases
Remainder of 2021 | $ | 27 |  | $ | 14 |
2022 | 110 |  | 72 |
2023 | 97 |  | 68 |
2024 | 71 |  | 61 |
2025 | 56 |  | 50 |
2026 and thereafter | 340 |  | 413 |
Less imputed interest | (103) |  | (111) |
| $ | 598 |  | $ | 567 |
The table above excludes any lease liabilities for leases that have been executed but have not yet commenced. As of June 3, 2021, we had such lease liabilities relating to 1) operating lease payment obligations of $147 million for the initial 10-year lease term for a building, which may, at our election, be terminated after 3 years or extended for an additional 10 years, and 2) finance lease obligations of $807 million over a weighted-average period of 15 years for leases embedded in gas supply arrangements. We will recognize right-of-use assets and associated lease liabilities at the time such assets become available for our use.

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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