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Leases | 6 Months Ended
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Feb. 29, 2024
Leases [Abstract] |
[Finance] Leases | Leases The components of lease cost are presented below:
| Quarter ended |  | Six months ended
| February 29, 2024 | March 2, 2023 |  | February 29, 2024 | March 2, 2023
Finance lease cost |  |  |  |  |
Amortization of right-of-use asset | $ | 37 |  | $ | 25 |  |  | $ | 69 |  | $ | 49 |
Interest on lease liability | 24 |  | 6 |  |  | 30 |  | 12 |
Operating lease cost(1) | 35 |  | 31 |  |  | 68 |  | 67 |
| $ | 96 |  | $ | 62 |  |  | $ | 167 |  | $ | 128 |
(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:
Six months ended | February 29, 2024 | March 2, 2023
Cash flows used for operating activities |  |
Finance leases | $ | 25 |  | $ | 11 |
Operating leases | 66 |  | 60 |
Cash flows used for financing activities – Finance leases | 60 |  | 53 |
Noncash acquisitions of right-of-use assets |  |
Finance leases | 483 |  | 225 |
Operating leases | 12 |  | 35 |
Supplemental balance sheet information related to leases was as follows:
As of | February 29, 2024 | August 31, 2023
Finance lease right-of-use assets (included in property, plant, and equipment) | $ | 1,725 |  | $ | 1,311 |
Current operating lease liabilities (included in accounts payable and accrued expenses) | 65 |  | 66 |
Weighted-average remaining lease term (in years) |  |
Finance leases | 11 | 9
Operating leases | 11 | 11
Weighted-average discount rate |  |
Finance leases | 4.48 | % | 3.86 | %
Operating leases | 3.27 | % | 3.21 | %
As of February 29, 2024, maturities of lease liabilities by fiscal year were as follows:
For the year ending | Finance Leases | Operating Leases
Remainder of 2024 | $ | 152 |  | $ | 31 |
2025 | 299 |  | 83 |
2026 | 285 |  | 80 |
2027 | 277 |  | 77 |
2028 | 267 |  | 74 |
2029 and thereafter | 721 |  | 452 |
Less imputed interest | (297) |  | (139) |
| $ | 1,704 |  | $ | 658 |
The table above excludes obligations for leases that have been executed but have not yet commenced. As of February 29, 2024, excluded obligations consisted of $670 million of finance lease obligations over a weighted-average period of 14 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:
| Quarter ended |  | Six months ended
| February 29, 2024 | March 2, 2023 |  | February 29, 2024 | March 2, 2023
Finance lease cost |  |  |  |  |
Amortization of right-of-use asset | $ | 37 |  | $ | 25 |  |  | $ | 69 |  | $ | 49 |
Interest on lease liability | 24 |  | 6 |  |  | 30 |  | 12 |
Operating lease cost(1) | 35 |  | 31 |  |  | 68 |  | 67 |
| $ | 96 |  | $ | 62 |  |  | $ | 167 |  | $ | 128 |
(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:
Six months ended | February 29, 2024 | March 2, 2023
Cash flows used for operating activities |  |
Finance leases | $ | 25 |  | $ | 11 |
Operating leases | 66 |  | 60 |
Cash flows used for financing activities – Finance leases | 60 |  | 53 |
Noncash acquisitions of right-of-use assets |  |
Finance leases | 483 |  | 225 |
Operating leases | 12 |  | 35 |
Supplemental balance sheet information related to leases was as follows:
As of | February 29, 2024 | August 31, 2023
Finance lease right-of-use assets (included in property, plant, and equipment) | $ | 1,725 |  | $ | 1,311 |
Current operating lease liabilities (included in accounts payable and accrued expenses) | 65 |  | 66 |
Weighted-average remaining lease term (in years) |  |
Finance leases | 11 | 9
Operating leases | 11 | 11
Weighted-average discount rate |  |
Finance leases | 4.48 | % | 3.86 | %
Operating leases | 3.27 | % | 3.21 | %
As of February 29, 2024, maturities of lease liabilities by fiscal year were as follows:
For the year ending | Finance Leases | Operating Leases
Remainder of 2024 | $ | 152 |  | $ | 31 |
2025 | 299 |  | 83 |
2026 | 285 |  | 80 |
2027 | 277 |  | 77 |
2028 | 267 |  | 74 |
2029 and thereafter | 721 |  | 452 |
Less imputed interest | (297) |  | (139) |
| $ | 1,704 |  | $ | 658 |
The table above excludes obligations for leases that have been executed but have not yet commenced. As of February 29, 2024, excluded obligations consisted of $670 million of finance lease obligations over a weighted-average period of 14 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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