XML 62 R35.htm IDEA: XBRL DOCUMENT v3.25.1
Cash and Investments (Tables)
 6 Months Ended
Feb. 27, 2025
Investments and Cash [Abstract]  
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 February 27, 2025As of August 29, 2024
Cash and EquivalentsShort-term Investments
Long-term Marketable Investments(1)
Total Fair ValueCash and EquivalentsShort-term Investments
Long-term Marketable Investments(1)
Total Fair Value
Cash$7,334 $— $— $7,334 $6,654 $— $— $6,654 
Level 1(2)
Money market funds17 — — 17 20 — — 20 
Level 2(3)
Certificates of deposit147 6 — 153 316 6 — 322 
Corporate bonds— 520 880 1,400 — 771 571 1,342 
Asset-backed securities— 28 430 458 — 46 433 479 
Government securities23 51 65 139 35 82 42 159 
Commercial paper31 58 — 89 16 160 — 176 
7,552 $663 $1,375 $9,590 7,041 $1,065 $1,046 $9,152 
Restricted cash(4)
11 11 
Cash, cash equivalents, and restricted cash$7,563 $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 February 27, 2025 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.
Cash and Equivalents and the Fair Values of Available-for-sale 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 February 27, 2025As of August 29, 2024
Cash and EquivalentsShort-term Investments
Long-term Marketable Investments(1)
Total Fair ValueCash and EquivalentsShort-term Investments
Long-term Marketable Investments(1)
Total Fair Value
Cash$7,334 $— $— $7,334 $6,654 $— $— $6,654 
Level 1(2)
Money market funds17 — — 17 20 — — 20 
Level 2(3)
Certificates of deposit147 6 — 153 316 6 — 322 
Corporate bonds— 520 880 1,400 — 771 571 1,342 
Asset-backed securities— 28 430 458 — 46 433 479 
Government securities23 51 65 139 35 82 42 159 
Commercial paper31 58 — 89 16 160 — 176 
7,552 $663 $1,375 $9,590 7,041 $1,065 $1,046 $9,152 
Restricted cash(4)
11 11 
Cash, cash equivalents, and restricted cash$7,563 $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 February 27, 2025 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.