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Financing (Tables)
9 Months Ended
May 10, 2014
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

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

 

(in thousands)

   May 10,
2014
     August 31,
2013
 

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

   $ —         $ 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   

1.300% Senior Notes due January 2017, effective interest rate of 1.43%

     400,000         —     

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 0.26% and 0.29% at
May 10, 2014 and August 31, 2013, respectively

     928,400         637,000   
  

 

 

    

 

 

 

Total debt

     4,378,400         4,187,000   

Less: Short-term borrowings

     215,156         173,733   
  

 

 

    

 

 

 

Long-term debt

   $ 4,163,244       $ 4,013,267