Accrued Expenses and Other

12 Months Ended

Aug. 29, 2020

Accrued Expenses and Other

Accrued Expenses and Other

Note C – Accrued Expenses and Other

Accrued expenses and other consisted of the following:

	August 29,		August 31,
(in thousands)	2020		2019
Accrued compensation, related payroll taxes and benefits	$	321,071	$	170,321
Property, sales, and other taxes		121,196		122,372
Medical and casualty insurance claims (current portion)		112,746		89,250
Finance lease liabilities		67,498		56,246
Accrued interest		63,503		48,147
Accrued gift cards		43,876		38,658
Accrued sales and warranty returns		32,356		34,310
Other		65,422		62,628
	$	827,668	$	621,932

The Company retains a significant portion of the insurance risks associated with workers’ compensation, employee health, general, product liability, property and vehicle insurance. A portion of these self-insured losses is managed through a wholly owned insurance captive. The Company maintains certain levels for stop-loss coverage for each self-insured plan in order to limit its liability for large claims. The retained limits per claim type are $2.0 million for workers’ compensation, $5.0 million for auto liability, $21.5 million for property, $0.7 million for employee health, and $1.0 million for general and product liability.