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Supplier Financing Programs
 12 Months Ended
Aug. 30, 2025
Supplier Financing Programs  
Supplier Financing Programs

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Note F – Supplier Financing Programs

The Company has arrangements with third-party financial institutions to confirm invoice balances owed by the Company to certain suppliers and pay the financial institutions the confirmed amounts on the invoice due dates. These arrangements allow the Company’s inventory suppliers, at their sole discretion, to enter into agreements directly with these financial institutions to finance the Company’s obligations to the suppliers at terms negotiated between the suppliers and the financial institutions. Supplier participation is optional and our obligations to our suppliers, including the amount and dates due, are not impacted by our suppliers’ decision to enter into an agreement with a third-party financial institution. As of August 30, 2025, and August 31, 2024, the Company had supplier obligations outstanding that had been confirmed under these arrangements of $5.4 billion and $4.9 billion, respectively, which are included in Accounts payable and $264.9 million and $226.7 million, respectively, which are included in Other long-term liabilities in the Consolidated Balance Sheets.

Changes in the Company’s supplier obligations are as follows:

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Fiscal Year Ended

(in thousands)

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August 30, 2025

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Confirmed obligations outstanding at the beginning of the year

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$

5,175,016

Obligations confirmed during the year

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5,467,705

Confirmed obligations paid during the year

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(4,943,761)

Confirmed obligations outstanding at the end of the year

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$

5,698,960

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