Cash and Investments (Tables)

6 Months Ended

Feb. 28, 2019

Investments [Abstract]

Cash and Investments

Cash and equivalents and the fair values of our available-for-sale investments, which approximated amortized costs, were as follows:

As of	February 28, 2019								August 30, 2018
	Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value		Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value
Cash	$	2,652	$	—	$	—	$	2,652	$	3,223	$	—	$	—	$	3,223
Level 1(2)
Money market funds	3,114		—		—		3,114		2,443		—		—		2,443
Level 2(3)
Corporate bonds	21		692		923		1,636		3		172		272		447
Government securities	80		255		280		615		5		63		103		171
Asset-backed securities	—		105		401		506		—		34		96		130
Certificates of deposit	382		39		10		431		806		11		2		819
Commercial paper	104		89		—		193		26		16		—		42
	6,353		$	1,180	$	1,614	$	9,147	6,506		$	296	$	473	$	7,275
Restricted cash(4)	76								81
Cash, cash equivalents, and restricted cash	$	6,429							$	6,587

⁽¹⁾  The maturities of long-term marketable securities range from one to four years.

⁽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 analyses to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of February 28, 2019 or August 30, 2018.

⁽⁴⁾  Restricted cash is included in other noncurrent assets and primarily consisted of balances related to the MMJ Creditor Payments. The restrictions on the MMJ Creditor Payments lapse upon approval by the trustees and/or Tokyo District Court.

Cash and equivalents and the fair values of available-for-sale investments

Cash and equivalents and the fair values of our available-for-sale investments, which approximated amortized costs, were as follows:

As of	February 28, 2019								August 30, 2018
	Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value		Cash and Equivalents		Short-term Investments		Long-term Marketable Investments(1)		Total Fair Value
Cash	$	2,652	$	—	$	—	$	2,652	$	3,223	$	—	$	—	$	3,223
Level 1(2)
Money market funds	3,114		—		—		3,114		2,443		—		—		2,443
Level 2(3)
Corporate bonds	21		692		923		1,636		3		172		272		447
Government securities	80		255		280		615		5		63		103		171
Asset-backed securities	—		105		401		506		—		34		96		130
Certificates of deposit	382		39		10		431		806		11		2		819
Commercial paper	104		89		—		193		26		16		—		42
	6,353		$	1,180	$	1,614	$	9,147	6,506		$	296	$	473	$	7,275
Restricted cash(4)	76								81
Cash, cash equivalents, and restricted cash	$	6,429							$	6,587

⁽¹⁾  The maturities of long-term marketable securities range from one to four years.

⁽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 analyses to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of February 28, 2019 or August 30, 2018.

⁽⁴⁾  Restricted cash is included in other noncurrent assets and primarily consisted of balances related to the MMJ Creditor Payments. The restrictions on the MMJ Creditor Payments lapse upon approval by the trustees and/or Tokyo District Court.