Accrued Expenses and Other

12 Months Ended

Aug. 27, 2022

Accrued Expenses and Other

Accrued Expenses and Other

Note C – Accrued Expenses and Other

Accrued expenses and other consisted of the following:

	August 27,		August 28,
(in thousands)	2022		2021
Accrued compensation, related payroll taxes and benefits	$	414,892	$	470,561
Property, sales and other taxes		153,305		135,831
Medical and casualty insurance claims (current portion)		115,201		121,237
Finance lease liabilities		92,877		89,932
Accrued gift cards		52,237		50,369
Accrued interest		50,696		55,435
Accrued sales and warranty returns		35,696		32,418
Other		93,797		84,005
	$	1,008,701	$	1,039,788

The Company retains a significant portion of the insurance risks associated with workers’ compensation, 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 and $2.0 million for general and product liability.