Investments

9 Months Ended

May 06, 2012

Investments

Note 2—Investments

The Company’s major categories of investments have not changed from the annual reporting period ended August 28, 2011. The Company’s investments at May 6, 2012 and August 28, 2011, were as follows:

May 6, 2012:	Cost Basis		Unrealized Gains		Recorded Basis
Available-for-sale:
U.S. government and agency securities	$	906	$	6	$	912
Corporate notes and bonds		59		0		59
FDIC-insured corporate bonds		100		1		101
Asset and mortgage-backed securities		9		0		9
Total available-for-sale		1,074		7		1,081
Held-to-maturity:
Certificates of deposit		104				104
Total short-term investments	$	1,178	$	7	$	1,185
August 28, 2011:	Cost Basis		Unrealized Gains		Recorded Basis
Available-for-sale:
U.S. government and agency securities	$	1,096	$	8	$	1,104
Corporate notes and bonds		6		1		7
FDIC-insured corporate bonds		208		1		209
Asset and mortgage-backed securities		12		0		12
Total available-for-sale		1,322		10		1,332
Held-to-maturity:
Certificates of deposit		272				272
Total short-term investments	$	1,594	$	10	$	1,604

Unrealized losses on the Company’s available-for-sale investments were not material as of May 6, 2012, and August 28, 2011, respectively. There were no gross unrealized gains and losses on cash equivalents at May 6, 2012, and August 28, 2011, respectively.

The proceeds from sales of available-for-sale securities during the third quarter and first thirty-six weeks of 2012 and 2011 are provided in the following table:

	12 Weeks Ended				36 Weeks Ended
	May 6, 2012		May 8, 2011		May 6, 2012		May 8, 2011
Proceeds	$	112	$	51	$	303	$	465

Gross realized gains or losses from sales of available-for-sale securities during the third quarter and first thirty-six weeks of 2012 were not material. As of May 6, 2012 and August 28, 2011, the Company’s available-for-sale securities that were in continuous unrealized-loss positions were not material.

The maturities of available-for-sale and held-to-maturity securities at May 6, 2012, were as follows:

	Available-For-Sale				Held-To-Maturity
	Cost Basis		Fair Value		Cost Basis		Fair Value
Due in one year or less .	$	785	$	786	$	104	$	104
Due after one year through five years		288		294		0		0
Due after five years .		1		1		0		0
	$	1,074	$	1,081	$	104	$	104