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Financing (Tables)
8 Months Ended
May 04, 2019
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s long-term debt consisted of the following:
 
(in thousands)
 
May 4,

2019
 
August 25,

2018
 
 
 
 
 
 
 
 
 
1.625% Senior Notes due April 2019, effective interest rate of 1.77%
 
 
$
 
 
 
$
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
 
3.125% Senior Notes due April 2024, effective interest rate 3.32%
 
 
 
300,000
 
 
 
 
 
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
 
3.750% Senior Notes due April 2029, effective interest rate of 3.86%
 
 
 
450,000
 
 
 
 
 
Commercial paper, weighted average interest rate of 2.64% and 2.29% at May 4, 2019 and August 25, 2018, respectively
 
 
 
976,800
 
 
 
 
1,325,300
 
Total debt before discounts and debt issuance costs
 
 
 
5,176,800
 
 
 
 
5,025,300
 
Less: Discounts and debt issuance costs
 
 
 
24,883
 
 
 
 
19,370
 
Long-term debt
 
 
$
5,151,917
 
 
 
$
5,005,930