v3.26.3
Income Taxes (Tables)
 12 Months Ended
Aug. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign
Income before income taxes is comprised of the following:
202620252024
Domestic$9,070 $8,324 $7,255 
Foreign3,181 2,494 2,485 
Total$12,251 $10,818 $9,740 
Schedule of Components of Income Tax Expense (Benefit)
The provisions for income taxes are as follows:
202620252024
Federal:
Current$1,206 $1,395 $1,245 
Deferred328 (42)48 
Total federal1,534 1,353 1,293 
State:
Current472 449 431 
Deferred21 (18)(77)
Total state493 431 354 
Foreign:
Current1,041 955 798 
Deferred(43)(20)(72)
Total foreign998 935 726 
Total provision for income taxes$3,025 $2,719 $2,373 
Schedule of Effective Income Tax Rate Reconciliation
The reconciliation between the statutory tax rate and the effective rate for 2026 is as follows:
2026
Federal taxes at statutory rate$2,573 21.0 %
State and local income taxes, net of federal income tax effect(1)
402 3.3 
Foreign tax effects:
Canada - subnational taxes185 1.5 
Canada - other(12)(0.1)
Other foreign jurisdictions117 1.0 
Effect of cross-border tax laws(46)(0.4)
Tax credits:
Research and development(134)(1.1)
Other tax credits(99)(0.8)
Changes in valuation allowance62 0.5 
Nontaxable or nondeductible items(75)(0.6)
Changes in unrecognized tax benefits50 0.4 
Other adjustments2 — 
Total$3,025 24.7 %
 _______________
(1)State taxes in California, New York, New Jersey, and Oregon make up the majority (greater than 50%) of the tax effect in this category.
The reconciliation between the statutory tax rate and the effective rate for 2025 and 2024 is as follows:
20252024
Federal taxes at statutory rate$2,272 21.0 %$2,045 21.0 %
State taxes, net338 3.1 288 3.0 
Foreign taxes, net222 2.1 109 1.1 
Employee stock ownership plan (ESOP)(28)(0.3)(120)(1.2)
Other(85)(0.8)51 0.5 
Total$2,719 25.1 %$2,373 24.4 %
Schedule of Cash Flow, Supplemental Disclosures
The following is a supplemental schedule of cash paid for income taxes, net of refunds:
2026
U.S. federal$1,377 
U.S. state and local:
California209 
Other322 
Foreign:
Canada430 
Mexico185 
Other316 
Total$2,839 
Schedule of Deferred Tax Assets and Liabilities
The components of the deferred tax assets (liabilities) are as follows:
20262025
Deferred tax assets:
Equity compensation$122 $100 
Deferred income/membership fees398 369 
Foreign tax credit carry forward470 390 
Operating lease liabilities710 699 
Accrued liabilities and reserves1,041 917 
Total deferred tax assets2,741 2,475 
Valuation allowance(641)(554)
Total net deferred tax assets2,100 1,921 
Deferred tax liabilities:
Property and equipment(1,372)(944)
Merchandise inventories(344)(305)
Operating lease right-of-use assets(675)(670)
Foreign branch deferreds(107)(103)
Other(33)(31)
Total deferred tax liabilities(2,531)(2,053)
Net deferred tax liabilities$(431)$(132)
Schedule Of Gross Unrecognized Tax Benefits Table
A reconciliation of the beginning and ending amount of gross unrecognized tax benefits for 2026 and 2025 is as follows:
20262025
Gross unrecognized tax benefit at beginning of year$65 $81 
Gross increases—current year tax positions18 9 
Gross increases—tax positions in prior years25 14 
Gross decreases—tax positions in prior years(6)(38)
Gross decreases—settlements(8)(1)
Gross unrecognized tax benefit at end of year$94 $65