Accumulated Other Comprehensive Loss

3 Months Ended

Nov. 18, 2023

Equity [Abstract]

Accumulated Other Comprehensive Loss

Note J – Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss includes foreign currency translation adjustments, activity for interest rate swaps and treasury rate locks that qualified as cash flow hedges and unrealized gains (losses) on available-for-sale marketable debt securities.

Changes in Accumulated other comprehensive loss for the twelve week periods ended November 18, 2023 and November 19, 2022 consisted of the following:

			Net
	Foreign		Unrealized
	Currency		Gain (Loss)
(in thousands)	and Other(1)		on Securities		Derivatives		Total
Balance at August 26, 2023	$	(176,557)	$	(1,851)	$	(12,428)	$	(190,836)
Other comprehensive income (loss) before reclassifications(2)(3)		(20,221)		295		—		(19,926)
Amounts reclassified from Accumulated other comprehensive loss(3)		—		—		403		403
Balance at November 18, 2023	$	(196,778)	$	(1,556)	$	(12,025)	$	(210,359)

			Net
	Foreign		Unrealized
	Currency		Gain (Loss)
(in thousands)	and Other(1)		on Securities		Derivatives		Total
Balance at August 27, 2022	$	(280,190)	$	(2,171)	$	(18,175)	$	(300,536)
Other comprehensive income (loss) before reclassifications(2)(3)		3,335		(671)		—		2,664
Amounts reclassified from Accumulated other comprehensive loss(3)		—		—		607		607
Balance at November 19, 2022	$	(276,855)	$	(2,842)	$	(17,568)	$	(297,265)

(1) 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.

(2) Amounts in parentheses indicate debits to Accumulated Other Comprehensive Loss.

(3) Amounts shown are net of tax.