XML 23 R11.htm IDEA: XBRL DOCUMENT
v3.24.4

Cash and Investments | 3 Months Ended
--- | ---
Nov. 28, 2024
Investments and Cash [Abstract] |
Cash and Investments | 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:
| As of November 28, 2024 |  | As of August 29, 2024
| Cash and Equivalents | Short-term Investments | Long-term Marketable Investments(1) | Total Fair Value |  | Cash and Equivalents | Short-term Investments | Long-term Marketable Investments(1) | Total Fair Value
Cash | $ | 6,249 |  | $ | — |  | $ | — |  | $ | 6,249 |  |  | $ | 6,654 |  | $ | — |  | $ | — |  | $ | 6,654 |
Level 1(2) |  |  |  |  |  |  |  |  |
Money market funds | 15 |  | — |  | — |  | 15 |  |  | 20 |  | — |  | — |  | 20 |
Level 2(3) |  |  |  |  |  |  |  |  |
Certificates of deposit | 354 |  | — |  | — |  | 354 |  |  | 316 |  | 6 |  | — |  | 322 |
Corporate bonds | 40 |  | 666 |  | 671 |  | 1,377 |  |  | — |  | 771 |  | 571 |  | 1,342 |
Asset-backed securities | 3 |  | 31 |  | 429 |  | 463 |  |  | — |  | 46 |  | 433 |  | 479 |
Government securities | 26 |  | 63 |  | 56 |  | 145 |  |  | 35 |  | 82 |  | 42 |  | 159 |
Commercial paper | 6 |  | 135 |  | — |  | 141 |  |  | 16 |  | 160 |  | — |  | 176 |
| 6,693 |  | $ | 895 |  | $ | 1,156 |  | $ | 8,744 |  |  | 7,041 |  | $ | 1,065 |  | $ | 1,046 |  | $ | 9,152 |
Restricted cash(4) | 4 |  |  |  |  |  | 11 |  |  |  |
Cash, cash equivalents, and restricted cash | $ | 6,697 |  |  |  |  |  | $ | 7,052 |  |  |  |
(1)The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date. (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 November 28, 2024 or August 29, 2024. (4)Restricted cash is included in other current 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. Gross realized gains and losses from sales of available-for-sale securities were not significant for any period presented. Non-marketable Equity Investments In addition to the amounts included in the table above, we had $194 million and $190 million of non-marketable equity investments without a readily determinable fair value that were included in other noncurrent assets as of November 28, 2024 and August 29, 2024, respectively. For non-marketable investments, we recognized in other non-operating income (expense) a net loss of $31 million for the first quarter of 2024. The amount recognized for the first quarter of 2025 was not significant. Our non-marketable equity investments are recorded at fair value on a non-recurring basis and classified as Level 3.

X
- Definition The entire disclosure of cash, cash equivalents, and debt and equity securities, including any unrealized or realized gain (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/320/tableOfContent + Details
Name: | us-gaap_CashCashEquivalentsAndMarketableSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsAndCashAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration