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Financing (Tables)
12 Months Ended
Aug. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s debt consisted of the following:
 
(in thousands)
 
August 31,

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 2.28% and 2.29% at August 31, 2019 and August 25, 2018, respectively
  1,030,000   1,325,300 
  
 
 
  
 
 
 
Total debt before discounts and debt issuance costs
  5,230,000   5,025,300 
Less: Discounts and debt issuance costs
  23,656   19,370 
  
 
 
  
 
 
 
Long-term debt
 $5,206,344  $5,005,930 
  
 
 
  
 
 
 
Scheduled Maturities of Debt Scheduled maturities of debt are as follows:
 
(in thousands)
 
Scheduled
Maturities
 
2020
 $1,030,000 
2021
  750,000 
2022
  500,000 
2023
  800,000 
2024
  300,000 
Thereafter
  1,850,000 
  
 
 
 
Subtotal
  5,230,000 
Discount and debt issuance costs
  23,656 
  
 
 
 
Total Debt
 $5,206,344