Accumulated Other Comprehensive Loss

12 Months Ended

Aug. 29, 2015

Equity [Abstract]

Accumulated Other Comprehensive Loss

Note G – Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss includes certain adjustments to pension liabilities, foreign currency translation adjustments, certain activity for interest rate swaps and treasury rate locks that qualify as cash flow hedges and unrealized gains (losses) on available-for-sale securities. Changes in Accumulated other comprehensive loss, consisted of the following:

(in thousands)	Pension Liability			Foreign Currency(3)			Net Unrealized Gain on Securities			Derivatives			Total
Balance at August 31, 2013	$	(50,861	)	$	(62,483	)	$	(25	)	$	(7,419	)	$	(120,788	)
Other comprehensive income (loss) before reclassifications		(17,155	)		4,647			157			—			(12,351	)
Amounts reclassified from Accumulated other comprehensive loss(1)		4,196	(2)		—			(56	)(4)		96	(5)		4,236
Balance at August 30, 2014		(63,820	)		(57,836	)		76			(7,323	)		(128,903	)
Other comprehensive (loss) income before reclassifications		(12,345	)		(113,652	)		(80	)		—			(126,077	)
Amounts reclassified from Accumulated other comprehensive loss(1)		5,370	(2)		—			(22	)(4)		114	(5)		5,462
Balance at August 29, 2015	$	(70,795	)	$	(171,488	)	$	(26	)	$	(7,209	)	$	(249,518	)

(1) Amounts in parentheses indicate debits to Accumulated other comprehensive loss.

(2) Represents amortization of pension liability adjustments, net of taxes of $3,571 in fiscal 2015 and $2,683 in fiscal 2014, which is recorded in Operating, selling, general and administrative expenses on the Consolidated Statements of Income. See “Note L – Pension and Savings Plans” for further discussion.

(3) Foreign currency is not shown net of additional U.S. tax as earnings of non-U.S. subsidiaries are intended to be permanently reinvested.

(4) Represents realized (losses) gains on marketable securities, net of taxes of $12 in fiscal 2015 and $30 in fiscal 2014, which is recorded in Operating, selling, general, and administrative expenses on the Consolidated Statements of Income. See “Note F – Marketable Securities” for further discussion.

(5) Represents gains and losses on derivatives, net of taxes of $68 in fiscal 2015 and $87 is fiscal 2014, which is recorded in Interest expense, net, on the Consolidated Statements of Income. See “Note E – Derivative Financial Instruments” for further discussion.

The 2015 pension actuarial loss of $12.3 million and the 2014 pension actuarial loss of $17.2 million include amounts not yet reflected in periodic pension costs primarily driven by changes in the discount rate.