Debt

3 Months Ended

Nov. 26, 2023

Debt Disclosure [Abstract]

Debt

Note 4—Debt

The carrying value of the Company’s long-term debt consisted of the following:

	November 26, 2023		September 3, 2023
2.750% Senior Notes due May 2024	$	1,000	$	1,000
3.000% Senior Notes due May 2027	1,000		1,000
1.375% Senior Notes due June 2027	1,250		1,250
1.600% Senior Notes due April 2030	1,750		1,750
1.750% Senior Notes due April 2032	1,000		1,000
Other long-term debt	972		484
Total long-term debt	6,972		6,484
Less unamortized debt discounts and issuance costs	26		26
Less current portion(1)	1,080		1,081
Long-term debt, excluding current portion	$	5,866	$	5,377

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(1)Net of unamortized debt discounts and issuance costs.

The fair value of the Senior Notes is estimated using Level 2 inputs. Other long-term debt consists of Guaranteed Senior Notes issued by the Company's Japan subsidiary, valued using Level 3 inputs. In November 2023, our Japan subsidiary issued four Guaranteed Senior Notes, totaling approximately $500, at fixed interest rates ranging from 1.400% to 2.120%. Interest is payable semi-annually, and maturity dates range from November 7, 2033, to November 7, 2043. The fair value of the Company's long-term debt, including the current portion, was approximately $6,234 and $5,738 at November 26, 2023, and September 3, 2023.