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Leases | 3 Months Ended
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Nov. 30, 2023
Leases [Abstract] |
[Finance] Leases | Leases The components of lease cost are presented below:
Three months ended | November 30, 2023 | December 1, 2022
Finance lease cost |  |
Amortization of right-of-use asset | $ | 32 |  | $ | 24 |
Interest on lease liability | 6 |  | 6 |
Operating lease cost(1) | 33 |  | 36 |
| $ | 71 |  | $ | 66 |
(1)Operating lease cost includes short-term and variable lease expenses, which were not material for the periods presented. Supplemental cash flow information related to leases was as follows:
Three months ended | November 30, 2023 | December 1, 2022
Cash flows used for operating activities |  |
Finance leases | $ | 6 |  | $ | 5 |
Operating leases | 33 |  | 33 |
Cash flows used for financing activities – Finance leases | 27 |  | 20 |
Noncash acquisitions of right-of-use assets |  |
Finance leases | 217 |  | 43 |
Operating leases | — |  | 35 |
Supplemental balance sheet information related to leases was as follows:
As of | November 30, 2023 | August 31, 2023
Finance lease right-of-use assets (included in property, plant, and equipment) | $ | 1,497 |  | $ | 1,311 |
Current operating lease liabilities (included in accounts payable and accrued expenses) | 62 |  | 66 |
Weighted-average remaining lease term (in years) |  |
Finance leases | 8 | 9
Operating leases | 11 | 11
Weighted-average discount rate |  |
Finance leases | 4.25 | % | 3.86 | %
Operating leases | 3.23 | % | 3.21 | %
As of November 30, 2023, maturities of lease liabilities by fiscal year were as follows:
For the year ending | Finance Leases | Operating Leases
Remainder of 2024 | $ | 204 |  | $ | 50 |
2025 | 255 |  | 77 |
2026 | 241 |  | 76 |
2027 | 235 |  | 76 |
2028 | 225 |  | 74 |
2029 and thereafter | 541 |  | 453 |
Less imputed interest | (220) |  | (143) |
| $ | 1,481 |  | $ | 663 |
The table above excludes obligations for leases that have been executed but have not yet commenced. As of November 30, 2023, excluded obligations consisted of $122 million of finance lease obligations over a weighted-average period of 8 years for gas supply arrangements deemed to contain embedded leases and equipment leases. We will recognize right-of-use assets and associated lease liabilities at the time such assets become available for our use.
[Operating] Leases | Leases The components of lease cost are presented below:
Three months ended | November 30, 2023 | December 1, 2022
Finance lease cost |  |
Amortization of right-of-use asset | $ | 32 |  | $ | 24 |
Interest on lease liability | 6 |  | 6 |
Operating lease cost(1) | 33 |  | 36 |
| $ | 71 |  | $ | 66 |
(1)Operating lease cost includes short-term and variable lease expenses, which were not material for the periods presented. Supplemental cash flow information related to leases was as follows:
Three months ended | November 30, 2023 | December 1, 2022
Cash flows used for operating activities |  |
Finance leases | $ | 6 |  | $ | 5 |
Operating leases | 33 |  | 33 |
Cash flows used for financing activities – Finance leases | 27 |  | 20 |
Noncash acquisitions of right-of-use assets |  |
Finance leases | 217 |  | 43 |
Operating leases | — |  | 35 |
Supplemental balance sheet information related to leases was as follows:
As of | November 30, 2023 | August 31, 2023
Finance lease right-of-use assets (included in property, plant, and equipment) | $ | 1,497 |  | $ | 1,311 |
Current operating lease liabilities (included in accounts payable and accrued expenses) | 62 |  | 66 |
Weighted-average remaining lease term (in years) |  |
Finance leases | 8 | 9
Operating leases | 11 | 11
Weighted-average discount rate |  |
Finance leases | 4.25 | % | 3.86 | %
Operating leases | 3.23 | % | 3.21 | %
As of November 30, 2023, maturities of lease liabilities by fiscal year were as follows:
For the year ending | Finance Leases | Operating Leases
Remainder of 2024 | $ | 204 |  | $ | 50 |
2025 | 255 |  | 77 |
2026 | 241 |  | 76 |
2027 | 235 |  | 76 |
2028 | 225 |  | 74 |
2029 and thereafter | 541 |  | 453 |
Less imputed interest | (220) |  | (143) |
| $ | 1,481 |  | $ | 663 |
The table above excludes obligations for leases that have been executed but have not yet commenced. As of November 30, 2023, excluded obligations consisted of $122 million of finance lease obligations over a weighted-average period of 8 years for gas supply arrangements deemed to contain embedded leases and equipment leases. 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + 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 -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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