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Financing (Tables)
3 Months Ended
Nov. 23, 2013
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

The Company’s long-term debt consisted of the following:

 

(in thousands)

  November 23,
2013
    August 31,
2013
 

6.500% Senior Notes due January 2014, effective interest rate of 6.63%

  $ 500,000      $ 500,000   

5.750% Senior Notes due January 2015, effective interest rate of 5.89%

    500,000        500,000   

5.500% Senior Notes due November 2015, effective interest rate of 4.86%

    300,000        300,000   

6.950% Senior Notes due June 2016, effective interest rate of 7.09%

    200,000        200,000   

7.125% Senior Notes due August 2018, effective interest rate of 7.28%

    250,000        250,000   

4.000% Senior Notes due November 2020, effective interest rate of 4.43%

    500,000        500,000   

3.700% Senior Notes due April 2022, effective interest rate of 3.85%

    500,000        500,000   

2.875% Senior Notes due January 2023, effective interest rate of 3.21%

    300,000        300,000   

3.125% Senior Notes due July 2023, effective interest rate of 3.26%

    500,000        500,000   

Commercial paper, weighted average interest rate of 0.28% and 0.29% at November 23, 2013 and August 31, 2013, respectively

    623,500        637,000   
 

 

 

   

 

 

 

Total debt

    4,173,500        4,187,000   

Less: Short-term borrowings

    160,256        173,733   
 

 

 

   

 

 

 

Long-term debt

  $ 4,013,244      $ 4,013,267