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Equity Compensation Plans
9 Months Ended
May 29, 2025
Share-Based Payment Arrangement [Abstract]  
Equity Compensation Plans
Equity Compensation Plans

As of May 29, 2025, 57 million shares of our common stock were available for future awards under our equity compensation plans, including 9 million shares approved for issuance under our employee stock purchase plan (“ESPP”).

Restricted Stock and Restricted Stock Units (“Restricted Stock Awards”)

Restricted Stock Awards activity is summarized as follows:

Nine Months EndedMay 29, 2025May 30, 2024
Restricted stock award shares granted1112
Weighted-average grant-date fair value per share$100.25 $69.02 

Employee Stock Purchase Plan (“ESPP”)

For each six-month ESPP offering period that ended in the second quarter of 2025 and 2024, employees purchased 2 million shares in each period at a share price of $78.63 and $60.68, respectively.
Stock-based Compensation Expense

Stock-based compensation expense recognized in our statements of operations is presented below. Stock-based compensation expense of $109 million and $99 million was capitalized and remained in inventory as of May 29, 2025 and August 29, 2024, respectively.

Quarter Ended
Nine Months Ended
May 29, 2025May 30, 2024May 29, 2025May 30, 2024
Stock-based compensation expense by caption
Cost of goods sold$115 $80 $294 $227 
Research and development89 77 254 222 
Selling, general, and administrative59 60 165 159 
$263 $217 $713 $608 
Stock-based compensation expense by type of award
Restricted stock awards$239 $201 $643 $555 
ESPP24 16 70 53 
$263 $217 $713 $608 

As of May 29, 2025, $1.73 billion of total unrecognized compensation costs for unvested awards, before the effect of any future forfeitures, was expected to be recognized through the third quarter of 2029, resulting in a weighted-average period of 1.3 years.