XML 92 R60.htm IDEA: XBRL DOCUMENT
v3.25.2

Income Taxes (Tables) | 12 Months Ended
--- | ---
Aug. 28, 2025
Income Tax Disclosure [Abstract] |
Schedule of income (loss) before tax and other items | Our income tax (provision) benefit consisted of the following:
For the year ended | 2025 | 2024 | 2023
Income (loss) before income taxes and equity in net income (loss) of equity method investees |  |  |
U.S. | $ | 686 |  | $ | 544 |  | $ | 235 |
Foreign | 8,968 |  | 696 |  | (5,893) |
| $ | 9,654 |  | $ | 1,240 |  | $ | (5,658) |
Income tax (provision) benefit |  |  |
Current |  |  |
U.S. federal | $ | (275) |  | $ | (82) |  | $ | (5) |
State | (15) |  | (1) |  | (1) |
Foreign | (670) |  | (333) |  | (178) |
| (960) |  | (416) |  | (184) |
Deferred |  |  |
U.S. federal | (118) |  | 18 |  | (84) |
State | — |  | — |  | — |
Foreign | (46) |  | (53) |  | 91 |
| (164) |  | (35) |  | 7 |
Income tax (provision) benefit | $ | (1,124) |  | $ | (451) |  | $ | (177) |
Schedule of components of income tax (provision) benefit | Our income tax (provision) benefit consisted of the following:
For the year ended | 2025 | 2024 | 2023
Income (loss) before income taxes and equity in net income (loss) of equity method investees |  |  |
U.S. | $ | 686 |  | $ | 544 |  | $ | 235 |
Foreign | 8,968 |  | 696 |  | (5,893) |
| $ | 9,654 |  | $ | 1,240 |  | $ | (5,658) |
Income tax (provision) benefit |  |  |
Current |  |  |
U.S. federal | $ | (275) |  | $ | (82) |  | $ | (5) |
State | (15) |  | (1) |  | (1) |
Foreign | (670) |  | (333) |  | (178) |
| (960) |  | (416) |  | (184) |
Deferred |  |  |
U.S. federal | (118) |  | 18 |  | (84) |
State | — |  | — |  | — |
Foreign | (46) |  | (53) |  | 91 |
| (164) |  | (35) |  | 7 |
Income tax (provision) benefit | $ | (1,124) |  | $ | (451) |  | $ | (177) |
Schedule of effective income tax reconciliation | The table below reconciles our tax (provision) benefit based on the U.S. federal statutory rate to our effective rate:
For the year ended | 2025 | 2024 | 2023
U.S. federal income tax (provision) benefit at statutory rate | $ | (2,027) |  | 21.0 | % | $ | (260) |  | 21.0 | % | $ | 1,188 |  | 21.0 | %
U.S. tax on foreign operations | (476) |  | 4.9 |  | (7) |  | 0.6 |  | 6 |  | 0.1 |
Change in valuation allowance | 36 |  | (0.4) |  | (59) |  | 4.8 |  | (50) |  | (0.9) |
Change in unrecognized tax benefits | (23) |  | 0.2 |  | (41) |  | 3.3 |  | (30) |  | (0.5) |
Foreign tax rate differential | 1,132 |  | (11.7) |  | (214) |  | 17.2 |  | (1,285) |  | (22.8) |
Research and development tax credits | 208 |  | (2.2) |  | 76 |  | (6.1) |  | 43 |  | 0.8 |
State taxes, net of federal benefit | (7) |  | 0.1 |  | 12 |  | (1.0) |  | 37 |  | 0.7 |
Other | 33 |  | (0.3) |  | 42 |  | (3.4) |  | (86) |  | (1.5) |
Income tax (provision) benefit | $ | (1,124) |  | 11.6 | % | $ | (451) |  | 36.4 | % | $ | (177) |  | (3.1) | %
Schedule of deferred tax assets and liabilities | Deferred tax assets and liabilities consist of the following:
As of | August 28, 2025 | August 29, 2024
Deferred tax assets |  |
Net operating loss and tax credit carryforwards | $ | 1,016 |  | $ | 1,050 |
Accrued salaries, wages, and benefits | 203 |  | 182 |
Operating lease liabilities | 192 |  | 175 |
Inventories | 25 |  | 4 |
Other | 37 |  | 59 |
Gross deferred tax assets | 1,473 |  | 1,470 |
Less valuation allowance | (634) |  | (593) |
Deferred tax assets, net of valuation allowance | 839 |  | 877 |
Deferred tax liabilities |  |
Right-of-use assets | (163) |  | (152) |
Property, plant, and equipment | (6) |  | (194) |
Other | (106) |  | (70) |
Deferred tax liabilities | (275) |  | (416) |
Net deferred tax assets | $ | 564 |  | $ | 461 |
Reported as |  |
Deferred tax assets | $ | 616 |  | $ | 520 |
Deferred tax liabilities (included in other noncurrent liabilities) | (52) |  | (59) |
Net deferred tax assets | $ | 564 |  | $ | 461 |
Schedule of net operating loss carryforwards | As of August 28, 2025, our net operating loss carryforward amounts and expiration periods, as reported to tax authorities, were as follows:
Year of Expiration | Singapore | Malaysia | State | Japan | Total
2026 - 2030 | $ | — |  | $ | — |  | $ | 29 |  | $ | — |  | $ | 29 |
2031 - 2035 | — |  | — |  | 139 |  | 308 |  | 447 |
2036 - 2040 | — |  | — |  | 192 |  | — |  | 192 |
2041 - 2045 | — |  | — |  | 71 |  | — |  | 71 |
Indefinite | 2,511 |  | 1,437 |  | — |  | — |  | 3,948 |
| $ | 2,511 |  | $ | 1,437 |  | $ | 431 |  | $ | 308 |  | $ | 4,687 |
Schedule of tax credit carryforwards | As of August 28, 2025, our tax credit carryforward amounts and expiration periods, as reported to tax authorities, were as follows:
Year of Tax Credit Expiration | U.S. Federal | State | Other | Total
2026 - 2030 | $ | — |  | $ | 72 |  | $ | — |  | $ | 72 |
2031 - 2035 | 36 |  | 145 |  | — |  | 181 |
2036 - 2040 | — |  | 141 |  | 40 |  | 181 |
2041 - 2046 | — |  | 6 |  | — |  | 6 |
Indefinite | — |  | 159 |  | — |  | 159 |
| $ | 36 |  | $ | 523 |  | $ | 40 |  | $ | 599 |
Schedule of unrecognized tax benefits roll forward | Below is a reconciliation of the beginning and ending amount of our unrecognized tax benefits:
For the year ended | 2025 | 2024 | 2023
Beginning unrecognized tax benefits | $ | 716 |  | $ | 744 |  | $ | 731 |
Increases related to tax positions from prior years | 11 |  | 2 |  | 2 |
Increases related to prior year tax positions taken in current year | — |  | 20 |  | 27 |
Increases related to tax positions taken in current year | 55 |  | 54 |  | 17 |
Decreases related to tax positions from prior years | (8) |  | (89) |  | (33) |
Decreases related to settlement with tax authorities | — |  | (15) |  | — |
Reductions due to lapsed statutes of limitations | (39) |  | — |  | — |
Ending unrecognized tax benefits | $ | 735 |  | $ | 716 |  | $ | 744 |

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

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(1)(Note 1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 217 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-217 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of pertinent information, such as tax authority, amounts, and expiration dates, of net operating loss carryforwards, including an assessment of the likelihood of utilization. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-3 + Details
Name: | us-gaap_SummaryOfOperatingLossCarryforwardsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of tax credit carryforwards available to reduce future taxable income, including amounts, expiration dates, limitations on use and the related deferred tax assets and valuation allowances. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-3 + Details
Name: | us-gaap_SummaryOfTaxCreditCarryforwardsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration