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Financing (Tables)
12 Months Ended
Aug. 29, 2015
Debt Disclosure [Abstract]  
Schedule of Debt

The Company’s debt consisted of the following:

 

(in thousands)

   August 29,
2015
     August 30,
2014
 

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

   $ —         $ 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         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   

2.500% Senior Notes due April 2021, effective interest rate of 3.85%

     250,000         —     

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   

3.250% Senior Notes due April 2025, effective interest rate 3.36%

     400,000         —     

Commercial paper, weighted average interest rate of 0.45% and 0.27% at August 29, 2015 and August 30, 2014, respectively

     1,047,600         893,800   
  

 

 

    

 

 

 

Total debt

     4,647,600         4,343,800   

Less: Short-term borrowings

     —           180,910   
  

 

 

    

 

 

 

Long-term debt before discounts and debt issuance costs Total debt

     4,647,600         4,162,890   

Less: Discounts and debt issuance costs

     22,724         20,694   
  

 

 

    

 

 

 

Long-term debt

   $ 4,624,876       $ 4,142,196   
  

 

 

    

 

 

 
Scheduled Maturities of Debt

Scheduled maturities of debt are as follows:

 

(in thousands)

   Scheduled
Maturities
 

2016

   $ 1,547,600   

2017

     400,000   

2018

     250,000   

2019

     —     

2020

     —     

Thereafter

     2,450,000   
  

 

 

 

Subtotal

     4,647,600   

Discount and debt issuance costs

     22,724   
  

 

 

 

Total Debt

   $ 4,624,876