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Financing (Tables)
3 Months Ended
Nov. 17, 2018
Debt Disclosure [Abstract]  
Schedule of Debt

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

 

(in thousands)

       November 17,    
2018
         August 25,      
2018

  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 2.55% and 2.29% at November 17, 2018 and August 25, 2018, respectively

       1,474,678        1,325,300
    

 

 

      

 

 

 

  Total debt before discounts and debt issuance costs

       5,174,678        5,025,300

Less: Discounts and debt issuance costs

       18,641        19,370
    

 

 

      

 

 

 

  Long-term debt

     $     5,156,037      $     5,005,930