Cash and Investments (Tables)

12 Months Ended

Aug. 29, 2019

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



As of	2019								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	$	2,388	$	—	$	—	$	2,388	$	3,223	$	—	$	—	$	3,223
Level 1⁽²⁾
Money market funds	3,418		—		—		3,418		2,443		—		—		2,443
Level 2⁽³⁾
Certificates of deposits	1,292		13		1		1,306		806		11		2		819
Corporate bonds	—		550		689		1,239		3		172		272		447
Government securities	36		149		232		417		5		63		103		171
Asset-backed securities	—		67		242		309		—		34		96		130
Commercial paper	18		24		—		42		26		16		—		42
	7,152		$	803	$	1,164	$	9,119	6,506		$	296	$	473	$	7,275
Restricted cash⁽⁴⁾	127								81
Cash, cash equivalents, and restricted cash	$	7,279							$	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 analysis to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of August 29, 2019 or August 30, 2018.


⁽⁴⁾	Restricted cash is included in other noncurrent assets and primarily relates to the MMJ Creditor Payments and government incentives received prior to being earned. The restrictions lapse on the MMJ Creditor Payments upon approval by the trustees and/or Tokyo District Court and for the government incentives upon achieving certain performance conditions.

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	2019								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	$	2,388	$	—	$	—	$	2,388	$	3,223	$	—	$	—	$	3,223
Level 1⁽²⁾
Money market funds	3,418		—		—		3,418		2,443		—		—		2,443
Level 2⁽³⁾
Certificates of deposits	1,292		13		1		1,306		806		11		2		819
Corporate bonds	—		550		689		1,239		3		172		272		447
Government securities	36		149		232		417		5		63		103		171
Asset-backed securities	—		67		242		309		—		34		96		130
Commercial paper	18		24		—		42		26		16		—		42
	7,152		$	803	$	1,164	$	9,119	6,506		$	296	$	473	$	7,275
Restricted cash⁽⁴⁾	127								81
Cash, cash equivalents, and restricted cash	$	7,279							$	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⁾


⁽⁴⁾	Restricted cash is included in other noncurrent assets and primarily relates to the MMJ Creditor Payments and government incentives received prior to being earned. The restrictions lapse on the MMJ Creditor Payments upon approval by the trustees and/or Tokyo District Court and for the government incentives upon achieving certain performance conditions.