XML 50 R33.htm IDEA: XBRL DOCUMENT v3.23.1
Cash and Investments (Tables)
 6 Months Ended
Mar. 02, 2023
Investments and Cash [Abstract]  
Cash and Investments
All of our short-term investments and long-term marketable investments were classified as available-for-sale as of the dates noted below. Cash and equivalents and the fair values of our available-for-sale investments, which approximated amortized costs, were as follows:
March 2, 2023September 1, 2022
As ofCash and EquivalentsShort-term Investments
Long-term Marketable Investments(1)
Total Fair ValueCash and EquivalentsShort-term Investments
Long-term Marketable Investments(1)
Total Fair Value
Cash$6,222 $— $— $6,222 $6,055 $— $— $6,055 
Level 1(2)
Money market funds1,893 — — 1,893 1,196 — — 1,196 
Level 2(3)
Certificates of deposit1,654 61 — 1,715 976 50 — 1,026 
Corporate bonds10 761 700 1,471 — 759 995 1,754 
Asset-backed securities— 13 475 488 — 20 608 628 
Government securities10 101 37 148 2 155 44 201 
Commercial paper9 84 — 93 33 85 — 118 
9,798 $1,020 $1,212 $12,030 8,262 $1,069 $1,647 $10,978 
Restricted cash(4)
89 77 
Cash, cash equivalents, and restricted cash$9,887 $8,339 
(1)The maturities of long-term marketable securities primarily range from one to four years.
(2)The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.
(3)The fair value of Level 2 securities is measured using information obtained from pricing services, which obtain quoted market prices for similar instruments, non-binding market consensus prices that are corroborated by observable market data, or various other methodologies, to determine the appropriate value at the measurement date. We perform supplemental analysis to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of March 2, 2023 or September 1, 2022.
(4)Restricted cash is included in other current assets and other noncurrent assets and primarily relates to certain government incentives received prior to being earned and for which restrictions lapse upon achieving certain performance conditions or which will be returned if performance conditions are not met.
Cash and equivalents and the fair values of available-for-sale investments
All of our short-term investments and long-term marketable investments were classified as available-for-sale as of the dates noted below. Cash and equivalents and the fair values of our available-for-sale investments, which approximated amortized costs, were as follows:
March 2, 2023September 1, 2022
As ofCash and EquivalentsShort-term Investments
Long-term Marketable Investments(1)
Total Fair ValueCash and EquivalentsShort-term Investments
Long-term Marketable Investments(1)
Total Fair Value
Cash$6,222 $— $— $6,222 $6,055 $— $— $6,055 
Level 1(2)
Money market funds1,893 — — 1,893 1,196 — — 1,196 
Level 2(3)
Certificates of deposit1,654 61 — 1,715 976 50 — 1,026 
Corporate bonds10 761 700 1,471 — 759 995 1,754 
Asset-backed securities— 13 475 488 — 20 608 628 
Government securities10 101 37 148 2 155 44 201 
Commercial paper9 84 — 93 33 85 — 118 
9,798 $1,020 $1,212 $12,030 8,262 $1,069 $1,647 $10,978 
Restricted cash(4)
89 77 
Cash, cash equivalents, and restricted cash$9,887 $8,339 
(1)The maturities of long-term marketable securities primarily range from one to four years.
(2)The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.
(3)The fair value of Level 2 securities is measured using information obtained from pricing services, which obtain quoted market prices for similar instruments, non-binding market consensus prices that are corroborated by observable market data, or various other methodologies, to determine the appropriate value at the measurement date. We perform supplemental analysis to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of March 2, 2023 or September 1, 2022.
(4)Restricted cash is included in other current assets and other noncurrent assets and primarily relates to certain government incentives received prior to being earned and for which restrictions lapse upon achieving certain performance conditions or which will be returned if performance conditions are not met.