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Financing (Tables)
3 Months Ended
Nov. 19, 2016
Debt Disclosure [Abstract]  
Schedule of Debt

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

 

(in thousands)

   November 19,
2016
     August 27,
2016
 

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   

1.625% Senior Notes due April 2019, effective interest rate of 1.77%

     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 2.62%

     250,000         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         400,000   

3.125% Senior Notes due April 2026, effective interest rate of 3.28%

     400,000         400,000   

Commercial paper, weighted average interest rate of 0.77% and 0.72% at

November 19, 2016 and August 27, 2016, respectively

     1,269,700         1,197,500   
  

 

 

    

 

 

 

Total debt before discounts and debt issuance costs

     5,019,700         4,947,500   

Less: Discounts and debt issuance costs

     22,254         23,381   
  

 

 

    

 

 

 

Long-term debt

   $ 4,997,446       $ 4,924,119