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Debt - Revolving Credit Facility (Details) | 9 Months Ended
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May 30, 2024 USD ($) Rate
Revolving Credit Facility |
Total Long-term Debt | $ 11,332,000,000
Revolving Credit Facility | 2026 Revolving Credit Facility |
Revolving Credit Facility |
Total Long-term Debt | 0
Available Borrowing Capacity | $ 2,500,000,000
Debt Covenants |
[Original] Debt Covenant, Ratio Of Total Debt To Adjusted EBITDA | Rate | 325.00%
[Temp Amendment] Debt Instrument, Covenant, Ratio Of Net Debt To Adjusted EBITDA | Rate | 325.00%
[Temp Amendment] Debt Instrument, Covenant, Minimum Liquidity | $ 5,000,000,000
[Original and Temp Amendment] Debt Instrument, Covenant, Ratio of Total Debt To Adjusted EBITDA, Temporary Increase | Rate | 375.00%
Debt Instrument, Covenant Description | The Revolving Credit Facility requires us to maintain, on a consolidated basis, a leverage ratio of total indebtedness to adjusted EBITDA, as defined in the Revolving Credit Facility and calculated as of the last day of each fiscal quarter, not to exceed 3.25 to 1.00. On March 27, 2023, we amended the Revolving Credit Facility to provide that in lieu of the foregoing leverage ratio, during the fourth quarter of 2023 and each quarter of 2024, we will be required to maintain, on a consolidated basis, a net leverage ratio of total net indebtedness to adjusted EBITDA, as defined in the Revolving Credit Facility and calculated as of the last day of each fiscal quarter, not to exceed 3.25 to 1.00. Alternatively, for up to three of such five quarters, we may elect to comply with a requirement of minimum liquidity, as defined in the Revolving Credit Facility, of not less than $5.0 billion. Each of the leverage ratio and net leverage ratio maximums, as applicable, is subject to a temporary four quarter increase in such ratio to 3.75 to 1.00 following certain material acquisitions. Through the third quarter of 2024, we complied with these requirements under the Revolving Credit Facility.
Revolving Credit Facility | 2026 Revolving Credit Facility | Minimum | Adjusted term SOFR |
Revolving Credit Facility |
Debt Instrument, Basis Spread on Variable Rate | 1.00%
Revolving Credit Facility | 2026 Revolving Credit Facility | Minimum | SOFR |
Revolving Credit Facility |
Debt Instrument, Basis Spread on Variable Rate | 0.11%
Revolving Credit Facility | 2026 Revolving Credit Facility | Maximum | Adjusted term SOFR |
Revolving Credit Facility |
Debt Instrument, Basis Spread on Variable Rate | 1.75%
Revolving Credit Facility | 2026 Revolving Credit Facility | Maximum | SOFR |
Revolving Credit Facility |
Debt Instrument, Basis Spread on Variable Rate | 0.43%

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