Cash and Investments (Tables)

9 Months Ended

May 30, 2024

Investments and Cash [Abstract]

Cash and Investments

All of our short-term investments and long-term marketable investments were classified as available-for-sale as of the dates noted below. Cash and equivalents and the fair values of our available-for-sale investments, which approximated amortized costs, were as follows:

	As of May 30, 2024								As of August 31, 2023
	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	$	6,355	$	—	$	—	$	6,355	$	5,771	$	—	$	—	$	5,771
Level 1(2)
Money market funds	570		—		—		570		1,629		—		—		1,629
Level 2(3)
Certificates of deposit	554		6		—		560		1,172		25		—		1,197
Corporate bonds	—		454		418		872		—		737		437		1,174
Asset-backed securities	—		42		337		379		—		15		387		402
Commercial paper	56		130		—		186		—		109		—		109
Government securities	59		153		20		232		5		131		20		156
	7,594		$	785	$	775	$	9,154	8,577		$	1,017	$	844	$	10,438
Restricted cash(4)	70								79
Cash, cash equivalents, and restricted cash	$	7,664							$	8,656

(1)The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.

(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 May 30, 2024 or August 31, 2023.

(4)Restricted cash is included in other current assets and other noncurrent assets and primarily relates to certain government incentives received prior to being earned and for which restrictions lapse upon achieving certain performance conditions or which will be returned if performance conditions are not met.

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

All of our short-term investments and long-term marketable investments were classified as available-for-sale as of the dates noted below. Cash and equivalents and the fair values of our available-for-sale investments, which approximated amortized costs, were as follows:

	As of May 30, 2024								As of August 31, 2023
	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	$	6,355	$	—	$	—	$	6,355	$	5,771	$	—	$	—	$	5,771
Level 1(2)
Money market funds	570		—		—		570		1,629		—		—		1,629
Level 2(3)
Certificates of deposit	554		6		—		560		1,172		25		—		1,197
Corporate bonds	—		454		418		872		—		737		437		1,174
Asset-backed securities	—		42		337		379		—		15		387		402
Commercial paper	56		130		—		186		—		109		—		109
Government securities	59		153		20		232		5		131		20		156
	7,594		$	785	$	775	$	9,154	8,577		$	1,017	$	844	$	10,438
Restricted cash(4)	70								79
Cash, cash equivalents, and restricted cash	$	7,664							$	8,656

(1)The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.

(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 May 30, 2024 or August 31, 2023.

(4)Restricted cash is included in other current assets and other noncurrent assets and primarily relates to certain government incentives received prior to being earned and for which restrictions lapse upon achieving certain performance conditions or which will be returned if performance conditions are not met.