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Accumulated Other Comprehensive Loss (Tables)
 6 Months Ended
Feb. 15, 2020
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Loss Changes in Accumulated other comprehensive loss for the twelve week periods ended February 15, 2020 and February 9, 2019 consisted of the following:
(in thousands)
 
 
Foreign
Currency and
Other
(2)
 
 
Net
Unrealized
Gain (Loss)
  on Securities  
 
 
    Derivatives    
 
 
      Total      
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at November 23, 2019
 
 
 
 $
(246,558
 )   $
403
    $
(3,926
 )   $
(250,081
 )
Other comprehensive income before reclassifications
(1)
  
 
 
  
21,178
     
180
     
–
      
21,358
 
Amounts reclassified from Accumulated other comprehensive
 (loss)
income
(
1
)
 
 
 
  
–
 
 
 
(2
)
 
 
388
(3)
 
 
 
386
 
 
  
 
 
                              
Balance at February 15, 2020
 
 
 
 $
(225,380
)    $
581
    $
(3,538
)    $
(228,337
) 
   
 
 
                              
(in thousands)
 
 
Foreign
Currency and
Other
(2)
 
  
Net
Unrealized
Gain (Loss)
  on Securities  
 
  
    Derivatives    
 
  
      Total      
 
 
 
 
 
 
 
 
  
 
 
 
  
 
 
 
 
 
 
 
Balance at November 17, 2018
 
 
 
 $
(269,472
 )   $
(950
 )   $
(5,644
 )   $
(276,066
 )
Other comprehensive income before reclassifications
(1)
  
 
 
  
39,332
     
507
     
–
      
39,839
 
Amounts reclassified from Accumulated other comprehensive income
(
1
)
 
 
 
 
–
 
 
 
1
 
 
 
389
(3)
 
 
 
390
 
 
  
 
 
                              
Balance at February 9, 2019
 
 
 
 $
(230,140
 )   $
(442
 )   $
(5,255
 )   $
(235,837
 )
(1)
Amounts in parentheses indicate debits to Accumulated other comprehensive loss.
(2)
Foreign currency is shown net of U.S. tax to account for foreign currency impacts of certain undistributed
non-U.S.
subsidiaries earnings. Other foreign currency is not shown net of additional U.S. tax as other basis differences of
non-U.S.
subsidiaries are intended to be permanently reinvested.
(3)
Represents gains on derivatives, net of taxes of $120 for the twelve weeks ended February 15, 2020 and February 9, 2019, which is recorded in Interest expense, net, on the Condensed Consolidated Statements of Income. See “Note E – Derivative Financial Instruments” for further discussion.
Changes in Accumulated other comprehensive loss for the twenty-four week periods ended February 15, 2020 and February 9, 2019 consisted of the following:
(in th
ousands)
 
Foreign
Currency and
Other
(2)
 
 
Net
Unrealized
Gain (Loss)
on Securities
 
 
Derivatives
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at August 31, 2019
  $
(265,598
 )   $
591
    $
(4,315
 )   $
(269,322
 )
Other comprehensive income (loss) before reclassifications
(1)
    
40,218
     
(53
 )     
–
      
40,165
 
Amounts reclassified from Accumulated other comprehensive income (loss)
(1)
    
–
      
43
(3)
 		    
777
(4)
 		    
820
 
 
                                
Balance at February 15, 2020
  $
(225,380
 )    $
581
    $
(3,538
 )   $
 
 
 
(228,337
 ) 
                                 
 
(in th
ousands)
 
Foreign
Currency and
Other
(2)
 
 
Net
Unrealized
Gain (Loss)
on Securities
 
 
Derivatives
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance at August 25, 2018
  $
(228,899
 )   $
(873
 )   $
(6,033
 )   $
(235,805
 )
Other comprehensive income (loss) before reclassifications
(1)
    
(1,241
 )    
430
      
–
      
(811
 )
Amounts reclassified from Accumulated other comprehensive (loss)
(1)
    
–
      
1
      
778
(4)
 		    
779
  
Balance at February 9, 2019
  $
 
 
 
(230,140
 )   $
(442
 )   $
(5,255
 )   $
 
 
 
(235,837
 )
                                 
 
(1)
Amounts in parentheses indicate debits to Accumulated other comprehensive loss.
 
(2)
Foreign currency is shown net of U.S. tax to account for foreign currency impacts of certain undistributed
non-U.S.
subsidiaries earnings. Other foreign currency is not shown net of additional U.S. tax as other basis differences of
non-U.S.
subsidiaries are intended to be permanently reinvested.
 
(3)
Represents realized losses on marketable debt securities, net of tax benefit of $12 for the twenty-four weeks ended February 15, 2020, which is recorded in Operating, selling general and administrative expenses on the Condensed Consolidated Statements of Income. See “Note D – Marketable Debt Securities” for further discussion.
 
(4)
Represents gains on derivatives, net of taxes of $240 for the twenty-four weeks ended February 15, 2020 and February 9, 2019, which is recorded in Interest expense, net, on the Condensed Consolidated Statements of Income. See “Note E – Derivative Financial Instruments” for further discussion.