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Leases (Tables) | 6 Months Ended
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Feb. 13, 2021
Leases. |
Balance Sheet Information Related to Leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | February 13, |  | August 29,
(in thousands) |  | Classification |  | 2021 | ​ | 2020
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets: |  |  |  | ​ |  | ​ | ​ | ​
Operating |  | Operating lease right-of-use assets | ​ | $ | 2,660,667 | ​ | $ | 2,581,677
Finance |  | Property and equipment | ​ |  | 327,405 | ​ |  | 327,006
Total lease assets |  |  | ​ | $ | 2,988,072 | ​ | $ | 2,908,683
Liabilities: |  |  | ​ |  |  | ​ |  | ​
Current: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating |  | Current portion of operating lease liabilities | ​ | $ | 252,523 | ​ | $ | 223,846
Finance |  | Accrued expenses and other | ​ |  | 64,459 | ​ |  | 67,498
Noncurrent: |  |  | ​ |  |  | ​ |  | ​
Operating |  | Operating lease liabilities, less current portion | ​ |  | 2,566,974 | ​ |  | 2,501,560
Finance |  | Other long-term liabilities | ​ |  | 160,951 | ​ |  | 155,855
Total lease liabilities |  |  | ​ | $ | 3,044,907 | ​ | $ | 2,948,759
Lease Cost |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Twelve Weeks Ended
​ | ​ | ​ | ​ | February 13, | ​ | February 15,
(in thousands) | ​ | Statement of Income Location | ​ | 2021 | ​ | 2020
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Finance lease cost: |  |  |  | ​ |  |  | ​ |
Amortization of lease assets |  | Depreciation and amortization | ​ | $ | 13,066 | ​ | $ | 12,872
Interest on lease liabilities |  | Interest expense, net | ​ |  | 713 | ​ |  | 1,282
Operating lease cost(1) |  | Selling, general and administrative expenses | ​ |  | 85,082 | ​ |  | 80,396
Total lease cost | ​ | ​ | ​ | $ | 98,861 | ​ | $ | 94,550
​ Lease costs for finance and operating leases for the twenty-four weeks ended February 13, 2021 are as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Twenty-Four Weeks Ended
​ | ​ | ​ | ​ | February 13, | ​ | February 15,
(in thousands) | ​ | Statement of Income Location | ​ | 2021 | ​ | 2020
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Finance lease cost: |  |  |  | ​ |  |  | ​ |
Amortization of lease assets |  | Depreciation and amortization | ​ | $ | 22,385 | ​ | $ | 25,528
Interest on lease liabilities |  | Interest expense, net | ​ |  | 1,416 | ​ |  | 2,667
Operating lease cost(1) |  | Selling, general and administrative expenses | ​ |  | 169,184 | ​ |  | 162,195
Total lease cost | ​ | ​ | ​ | $ | 192,985 | ​ | $ | 190,390
​
(1) | Includes short-term leases, variable lease costs and sublease income, which are immaterial.
Information on Lease Term and Discount Rate |
​ | ​ | ​ | ​
​ |  | February 13, |
​ | ​ | 2021 | ​
​ | ​ | ​ | ​
Weighted-average remaining lease term in years, inclusive of renewal options that are reasonably certain to be exercised: |  |  | ​
Finance leases – real estate |  | 27 | ​
Finance leases – vehicles |  | 3 | ​
Operating leases |  | 16 | ​
Weighted-average discount rate: |  |  | ​
Finance leases – real estate |  | 3.55 | %
Finance leases – vehicles |  | 1.95 | %
Operating leases |  | 3.42 | %
Other Information Related to Lease Liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Twenty-Four Weeks Ended
​ | ​ | February 13, | ​ | February 15,
(in thousands) | ​ | 2021 |  | 2020
​ | ​ | ​ | ​ | ​ | ​ | ​
Cash paid for amounts included in the measurement of lease liabilities – operating cash flows from operating leases | ​ | $ | 123,431 | ​ | $ | 98,021
Leased assets obtained in exchange for new finance lease liabilities | ​ |  | 30,764 | ​ | ​ | 45,582
Leased assets obtained in exchange for new operating lease liabilities | ​ |  | 217,522 | ​ | ​ | 174,038

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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