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Leases | 12 Months Ended
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Aug. 30, 2025
Leases |
Leases | Note D – Leases Lease-related assets and liabilities recorded on the Consolidated Balance Sheets are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | Classification |  | August 30, 2025 | ​ | August 31, 2024
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets: |  |  |  | ​ |  | ​ | ​ | ​
Operating |  | Operating lease right-of-use assets | ​ | $ | 3,194,666 | ​ | $ | 3,057,780
Finance |  | Property and equipment | ​ |  | 528,760 | ​ |  | 528,482
Total lease assets |  |  | ​ | $ | 3,723,426 | ​ | $ | 3,586,262
Liabilities: |  |  | ​ |  |  | ​ |  | ​
Current: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating |  | Current portion of operating lease liabilities | ​ | $ | 283,564 | ​ | $ | 266,855
Finance |  | Accrued expenses and other | ​ |  | 111,521 | ​ |  | 115,559
Noncurrent: |  |  | ​ |  |  | ​ |  |
Operating |  | Operating lease liabilities, less current portion | ​ |  | 3,093,936 | ​ |  | 2,960,174
Finance |  | Other long-term liabilities | ​ |  | 288,419 | ​ |  | 283,882
Total lease liabilities |  |  | ​ | $ | 3,777,440 | ​ | $ | 3,626,470
​ Accumulated amortization related to finance lease assets was $139.6 million as of August 30, 2025, and $132.1 million as of August 31, 2024. ​ Lease costs for finance and operating leases for the 52 weeks ended August 30, 2025, and 53 weeks ended August 31, 2024 are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | For the year ended
(in thousands) | ​ | Statement of Income Location | ​ | August 30, 2025 | ​ | August 31, 2024
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Finance lease cost: |  |  |  | ​ |  | ​ | ​ |
Amortization of lease assets |  | Depreciation and amortization | ​ | $ | 98,597 | ​ | $ | 84,392
Interest on lease liabilities |  | Interest expense, net | ​ |  | 21,204 | ​ |  | 19,279
Operating lease cost(1) |  | Selling, general and administrative expenses | ​ |  | 506,824 | ​ |  | 485,164
Total lease cost | ​ | ​ | ​ | $ | 626,625 | ​ | $ | 588,835
(1) | Includes short-term leases, variable lease costs and sublease income, which are immaterial.
The future rental payments, inclusive of renewal options that have been included in defining the expected lease term, of our operating and finance lease obligations as of August 30, 2025, having initial or remaining lease terms in excess of one year are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Finance |  | Operating |  | ​
(in thousands) | ​ | Leases | ​ | Leases | ​ | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
2026 | ​ | $ | 112,918 | ​ | $ | 424,466 | ​ | $ | 537,384
2027 | ​ |  | 121,123 | ​ | ​ | 458,397 | ​ | ​ | 579,520
2028 | ​ |  | 102,182 | ​ | ​ | 433,574 | ​ | ​ | 535,756
2029 | ​ |  | 70,538 | ​ | ​ | 403,213 | ​ | ​ | 473,751
2030 | ​ |  | 18,447 | ​ | ​ | 376,721 | ​ | ​ | 395,168
Thereafter | ​ |  | 39,779 | ​ | ​ | 2,286,397 | ​ | ​ | 2,326,176
Total lease payments | ​ | ​ | 464,987 | ​ | ​ | 4,382,768 | ​ |  | 4,847,755
Less: Interest | ​ |  | (65,047) | ​ | ​ | (1,005,268) | ​ | ​ | (1,070,315)
Present value of lease liabilities | ​ | $ | 399,940 | ​ | $ | 3,377,500 | ​ | $ | 3,777,440
​ The following table summarizes the Company’s lease term and discount rate assumptions: ​
​ | ​ | ​ | ​
​ | ​ | August 30, 2025 | ​
​ | ​ | ​ | ​
Weighted-average remaining lease term in years, inclusive of renewal options that are reasonably certain to be exercised: |  |  | ​
Finance leases – real estate |  | 20 | ​
Finance leases – vehicles |  | 4 | ​
Operating leases |  | 12 | ​
Weighted-average discount rate: |  | ​ | ​
Finance leases – real estate |  | 3.89 | %
Finance leases – vehicles |  | 5.71 | %
Operating leases |  | 4.41 | %
​ Cash paid for amounts included in the measurement of operating lease liabilities of $382.7 million and $362.5 million was reflected in Other, net in Net cash provided by operating activities on the Consolidated Statements of Cash Flows for fiscal years 2025 and 2024, respectively. As of August 30, 2025, the Company has entered into additional leases which have not yet commenced and are therefore not part of the right-of-use asset and liability. These leases have undiscounted future payments of approximately $83.8 million and $2.3 million for real estate and vehicles, respectively, and will commence when the Company obtains possession of the underlying leased asset. Commencement dates are expected to be from fiscal 2026 to fiscal 2027.

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References No definition available. + Details
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- References No definition available. + Details
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