v3.25.2
Leases
 12 Months Ended
Aug. 31, 2025
Leases [Abstract]  
Lessee, Operating Leases
Note 5—Leases
Information regarding the Company's lease assets and liabilities were as follows:
20252024
Assets
Operating lease right-of-use assets$2,725 $2,617 
Finance lease assets(1)
1,488 1,433 
Total lease assets$4,213 $4,050 
Liabilities
Current
Operating lease liabilities(2)
$208 $179 
Finance lease liabilities(2)
78 147 
Long-term
Operating lease liabilities2,460 2,375 
Finance lease liabilities(3)
1,401 1,351 
Total lease liabilities$4,147 $4,052 
 _______________
(1)Included in other long-term assets in the consolidated balance sheets.
(2)Included in other current liabilities in the consolidated balance sheets.
(3)Included in other long-term liabilities in the consolidated balance sheets.
20252024
Weighted-average remaining lease term (years)
Operating leases
2019
Finance leases
2523
Weighted-average discount rate
Operating leases
3.05 %2.67 %
Finance leases
4.63 %4.59 %
The components of lease expense, excluding short-term lease costs and sublease income (which were immaterial), were as follows:
202520242023
Operating lease costs(1)
$271 $284 $309 
Finance lease costs:
Amortization of lease assets(1)
102 97 169 
Interest on lease liabilities(2)
63 58 54 
Variable lease costs(1)
182 163 160 
Total lease costs$618 $602 $692 
 _______________
(1)Included in selling, general and administrative expenses and merchandise costs in the consolidated statements of income.
(2)Included in interest expense and merchandise costs in the consolidated statements of income.
Supplemental cash flow information related to leases were as follows:
202520242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows — operating leases$255 $274 $287 
Operating cash flows — finance leases
58 58 54 
Financing cash flows — finance leases
147 136 291 
Operating lease assets obtained in exchange for new or modified leases294 125 202 
Finance lease assets obtained in exchange for new or modified leases131 200 100 
As of August 31, 2025, future minimum payments during the next five fiscal years and thereafter are as follows:
Operating Leases(1)
Finance Leases
2026$267 $133 
2027250 132 
2028235 135 
2029204 122 
2030184 109 
Thereafter2,451 1,780 
Total(2)
3,591 2,411 
Less amount representing interest923 932 
Present value of lease liabilities$2,668 $1,479 
 _______________
(1)Operating lease payments have not been reduced by expected future sublease income of $92.
(2)Excludes $1,094 of lease payments for leases that have been signed but not commenced.