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Financing (Tables)
8 Months Ended
May 05, 2018
Debt Disclosure [Abstract]  
Schedule of Debt

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

 


(in thousands)

       May 5,    
2018
       August 26,    
2017

  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

  3.750% Senior Notes due June 2027, effective interest rate of 3.83%

       600,000        600,000

Commercial paper, weighted average interest rate of 2.29% and 1.44% at May 5, 2018 and August 26, 2017, respectively

       1,025,500        1,155,100
    

 

 

      

 

 

 

  Total debt before discounts and debt issuance costs

       4,975,500        5,105,100

Less: Discounts and debt issuance costs

       20,803        23,862
    

 

 

      

 

 

 

  Long-term debt

     $     4,954,697      $     5,081,238