AutoZone (AZO) 10-K 28 Oct 24 2024 FY Annual report Financial data

Cover Page

Cover Page - USD ($)	12 Months Ended
	Aug. 31, 2024	Oct. 21, 2024	Feb. 10, 2024
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Aug. 31, 2024
Securities Act File Number	1-10714
Entity Registrant Name	AUTOZONE, INC
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	62-1482048
Entity Address, Address Line One	123 South Front Street
Entity Address, City or Town	Memphis
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	38103
City Area Code	901
Local Phone Number	495-6500
Title of 12(b) Security	Common Stock
Trading Symbol	AZO
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		16,904,289
Entity Public Float			$ 46,251,857,027
Current Fiscal Year End Date	--08-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Entity Central Index Key	0000866787
Amendment Flag	false
Auditor Name	Ernst & Young LLP
Auditor Firm ID	42
Auditor Location	Memphis, Tennessee

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Consolidated Statements of Income
Net sales	$ 18,490,268	$ 17,457,209	$ 16,252,230
Cost of sales, including warehouse and delivery expenses	8,673,216	8,386,787	7,779,580
Gross profit	9,817,052	9,070,422	8,472,650
Operating, selling, general and administrative expenses	6,028,344	5,596,436	5,201,921
Operating profit	3,788,708	3,473,986	3,270,729
Interest expense, net	451,578	306,372	191,638
Income before income taxes	3,337,130	3,167,614	3,079,091
Income tax expense	674,703	639,188	649,487
Net income	$ 2,662,427	$ 2,528,426	$ 2,429,604
Weighted average shares for basic earnings per share	17,309	18,510	20,107
Effect of dilutive stock equivalents	494	593	626
Weighted average shares for diluted earnings per share	17,803	19,103	20,733
Basic earnings per share	$ 153.82	$ 136.60	$ 120.83
Diluted earnings per share	$ 149.55	$ 132.36	$ 117.19

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Consolidated Statements of Comprehensive Income
Net income	$ 2,662,427	$ 2,528,426	$ 2,429,604
Other comprehensive (loss) income:
Foreign currency translation adjustments	(174,715)	103,633	7,448
Unrealized gains (losses) on marketable debt securities, net of taxes	2,151	320	(2,760)
Net derivative activities, net of taxes	1,782	5,747	2,762
Total other comprehensive (loss) income	(170,782)	109,700	7,450
Comprehensive income	$ 2,491,645	$ 2,638,126	$ 2,437,054

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 26, 2023
Current assets:
Cash and cash equivalents	$ 298,172	$ 277,054
Accounts receivable	545,575	520,385
Merchandise inventories	6,155,218	5,764,143
Other current assets	307,794	217,844
Total current assets	7,306,759	6,779,426
Property and equipment:
Land	1,390,713	1,367,391
Buildings and improvements	5,124,448	4,860,216
Equipment	3,308,967	2,972,879
Leasehold improvements	922,466	831,508
Construction in progress	558,531	305,896
Property and equipment	11,305,125	10,337,890
Less: Accumulated depreciation and amortization	(5,121,586)	(4,741,342)
Property and equipment, net	6,183,539	5,596,548
Operating lease right-of-use assets	3,057,780	2,998,097
Goodwill	302,645	302,645
Deferred income taxes	83,689	86,002
Other long-term assets	242,126	223,160
Total long-term assets	3,686,240	3,609,904
Total assets	17,176,538	15,985,878
Current liabilities:
Accounts payable	7,355,701	7,201,281
Current portion of operating lease liabilities	266,855	257,256
Accrued expenses and other	1,060,746	1,000,841
Income taxes payable	30,941	52,478
Total current liabilities	8,714,243	8,511,856
Long-term debt	9,024,381	7,668,549
Operating lease liabilities, less current portion	2,960,174	2,917,046
Deferred income taxes	447,067	536,278
Other long-term liabilities	780,287	702,043
Commitments and contingencies
Stockholders' deficit:
Preferred stock, authorized 1,000 shares; no shares issued
Common stock, par value $.01 per share, authorized 200,000 shares; 17,451 shares issued and 16,926 shares outstanding as of August 31, 2024; 18,936 shares issued and 17,857 shares outstanding as of August 26, 2023	175	189
Additional paid-in capital	1,621,553	1,484,992
Retained deficit	(4,424,982)	(2,959,278)
Accumulated other comprehensive loss	(361,618)	(190,836)
Treasury stock, at cost	(1,584,742)	(2,684,961)
Total stockholders' deficit	(4,749,614)	(4,349,894)
Total liabilities and stockholders' deficit	$ 17,176,538	$ 15,985,878

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Thousands	Aug. 31, 2024	Aug. 26, 2023
Preferred Stock
Preferred stock, shares authorized	1,000	1,000
Preferred stock, shares issued	0	0
Common Stock
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	200,000	200,000
Common stock, shares issued	17,451	18,936
Common stock, shares outstanding	16,926	17,857

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Cash flows from operating activities:
Net income	$ 2,662,427	$ 2,528,426	$ 2,429,604
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property and equipment	549,755	497,577	442,223
Other non-cash (income) charges	(40,000)	44,000	15,000
Amortization of debt origination fees	11,988	9,264	11,276
Deferred income taxes	(254,393)	(25,707)	185,594
Share-based compensation expense	106,246	93,087	70,612
Changes in operating assets and liabilities:
Accounts receivable	(38,282)	(6,674)	(125,732)
Merchandise inventories	(453,101)	(89,180)	(1,005,686)
Accounts payable and accrued expenses	244,134	(183,679)	1,224,692
Income taxes	296,398	92,832	(10,517)
Other, net	(81,056)	(19,158)	(25,931)
Net cash provided by operating activities	3,004,116	2,940,788	3,211,135
Cash flows from investing activities:
Capital expenditures	(1,072,696)	(796,657)	(672,391)
Purchase of marketable debt securities	(38,757)	(66,917)	(56,040)
Proceeds from sale of marketable debt securities	40,849	58,357	53,882
Investment in tax credit equity investments	(227,494)	(98,003)	(31,537)
Other, net	11,592	27,042	57,987
Net cash used in investing activities	(1,286,506)	(876,178)	(648,099)
Cash flows from financing activities:
Net (payments of)/proceeds from commercial paper	(629,600)	606,200	603,400
Proceeds from issuance of debt	2,300,000	1,750,000	750,000
Repayment of debt	(300,000)	(800,000)	(500,000)
Net proceeds from sale of common stock	176,236	182,494	113,934
Purchase of treasury stock	(3,140,917)	(3,699,552)	(4,359,991)
Repayment of principal portion of finance lease liabilities	(85,258)	(81,055)	(67,182)
Other, net	(4,197)	(18,169)	(10,658)
Net cash used in financing activities	(1,683,736)	(2,060,082)	(3,470,497)
Effect of exchange rate changes on cash	(12,756)	8,146	506
Net increase (decrease) in cash and cash equivalents	21,118	12,674	(906,955)
Cash and cash equivalents at beginning of period	277,054	264,380	1,171,335
Cash and cash equivalents at end of period	298,172	277,054	264,380
Supplemental cash flow information:
Interest paid, net of interest cost capitalized	353,819	260,866	178,561
Income taxes paid	437,552	570,250	461,232
Leased assets obtained in exchange for new finance lease liabilities	196,112	58,316	100,711
Leased assets obtained in exchange for new operating lease liabilities	$ 415,212	$ 428,150	$ 527,966

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Deficit - USD ($) shares in Thousands, $ in Thousands	Common Stock	Additional Paid-In Capital	Retained Deficit	Accumulated Other Comprehensive Loss	Treasury Stock	Total
Balance at Aug. 28, 2021	$ 230	$ 1,465,669	$ (419,829)	$ (307,986)	$ (2,535,620)	$ (1,797,536)
Balance, shares at Aug. 28, 2021	23,007
Net income			2,429,604			2,429,604
Total other comprehensive (loss) income				7,450		7,450
Purchase of treasury stock					(4,359,991)	(4,359,991)
Retirement of treasury shares	$ (25)	(292,975)	(3,339,842)		3,632,842
Retirement of treasury shares, shares	(2,484)
Issuance of common stock under stock options and stock purchase plans	$ 2	113,932				113,934
Issuance of common stock under stock options and stock purchase plans, shares	209
Share-based compensation expense		67,626				67,626
Balance at Aug. 27, 2022	$ 207	1,354,252	(1,330,067)	(300,536)	(3,262,769)	(3,538,913)
Balance, shares at Aug. 27, 2022	20,732
Net income			2,528,426			2,528,426
Total other comprehensive (loss) income				109,700		109,700
Purchase of treasury stock					(3,723,289)	(3,723,289)
Retirement of treasury shares	$ (20)	(143,440)	(4,157,637)		4,301,097
Retirement of treasury shares, shares	(2,051)
Issuance of common stock under stock options and stock purchase plans	$ 2	182,492				182,494
Issuance of common stock under stock options and stock purchase plans, shares	255
Share-based compensation expense		91,688				91,688
Balance at Aug. 26, 2023	$ 189	1,484,992	(2,959,278)	(190,836)	(2,684,961)	(4,349,894)
Balance, shares at Aug. 26, 2023	18,936
Net income			2,662,427			2,662,427
Total other comprehensive (loss) income				(170,782)		(170,782)
Purchase of treasury stock					(3,170,320)	(3,170,320)
Retirement of treasury shares	$ (17)	(142,391)	(4,128,131)		4,270,539
Retirement of treasury shares, shares	(1,703)
Issuance of common stock under stock options and stock purchase plans	$ 3	176,233				176,236
Issuance of common stock under stock options and stock purchase plans, shares	218
Share-based compensation expense		102,719				102,719
Balance at Aug. 31, 2024	$ 175	$ 1,621,553	$ (4,424,982)	$ (361,618)	$ (1,584,742)	$ (4,749,614)
Balance, shares at Aug. 31, 2024	17,451

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Deficit (Parenthetical) - shares shares in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Consolidated Statements of Stockholders' Deficit
Purchase of treasury stock, shares	1,149	1,524	2,220

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Aug. 31, 2024
Significant Accounting Policies
Significant Accounting Policies	Note A – Significant Accounting Policies Business: Fiscal Year: Basis of Presentation: Variable Interest Entities: ​ The Company considers its investment in these tax credit funds as investments in variable interest entities (“VIEs”). The Company evaluates the investment in any VIE to determine whether it is the primary beneficiary. The Company considers a variety of factors in identifying the entity that holds the power to direct matters that most significantly impact the VIE’s economic performance including, but not limited to, the ability to direct financing, leasing, construction and other operating decisions and activities. As of August 31, 2024, the Company held tax credit equity investments that were deemed to be VIEs and determined that it was not the primary beneficiary of the entities, as it did not have the power to direct the activities that most significantly impacted the entity and accounted for this investment using the equity method. The Company’s maximum exposure to losses is generally limited to its net investment, which was $53.9 million as of August 31, 2024 and $29.6 million as of August 26, 2023 and was included within the Other long-term assets caption in the accompanying Consolidated Balance Sheets. As of August 31, 2024, the Company had commitments to make certain additional capital contributions to one of its tax credit funds totaling $26.3 million. Use of Estimates: Cash and Cash Equivalents: Cash balances are held in various locations around the world. Cash and cash equivalents of $99.8 million and $108.5 million were held outside of the U.S. as of August 31, 2024, and August 26, 2023, respectively, and were generally utilized to support the liquidity needs in foreign operations. Accounts Receivable: Financial Instruments - Credit Losses (Topic 326) Receivables are presented net of an allowance for credit losses. Allowances for expected credit losses are determined based on historical experience, the current economic environment, our expectations of future economic conditions and the current evaluation of the composition of accounts receivable. The Company will apply adjustments for specific factors and current economic conditions as needed at each reporting date. The Company’s allowance for credit losses is included in “Accounts receivable” on the accompanying Consolidated Balance Sheets as of August 31, 2024 and August 26, 2023. The balance of the allowance for credit losses was $10.3 million at August 31, 2024, and $7.7 million at August 26, 2023. Vendor Receivables: Merchandise Inventories: Marketable Debt Securities: Property and Equipment: 40 5 3 Impairment of Long-Lived Assets: Goodwill: Derivative Instruments and Hedging Activities: AutoZone’s financial market risk results primarily from changes in interest rates. At times, AutoZone reduces its exposure to changes in interest rates by entering into various interest rate hedge instruments such as interest rate swap contracts, treasury lock agreements and forward-starting interest rate swaps. All of the Company’s interest rate hedge instruments are designated as cash flow hedges. (Refer to “Note L – Derivative Financial Instruments” for additional disclosures regarding the Company’s derivative instruments and hedging activities.) Cash flows related to these instruments designated as qualifying hedges are reflected in the accompanying Consolidated Statements of Cash Flows in the same categories as the cash flows from the items being hedged. The resulting gain or loss from such settlement is deferred to Accumulated Other Comprehensive Loss and reclassified to interest expense over the term of the underlying debt. This reclassification of the deferred gains and losses impacts the interest expense recognized on the underlying debt that was hedged. Foreign Currency: Self-Insurance Reserves: The assumptions made by management in estimating its self-insurance reserves include consideration of historical cost experience, judgments about the present and expected levels of cost per claim and retention levels. The Company utilizes various methods, including analyses of historical trends and use of a specialist, to estimate the costs to settle reported claims and claims incurred but not yet reported. The actuarial methods develop estimates of the future ultimate claim costs based on claims incurred as of the balance sheet date. When estimating these liabilities, the Company considers factors, such as the severity, duration and frequency of claims, legal costs associated with claims, healthcare trends and projected inflation of related factors. The Company’s liabilities for workers’ compensation, general and product liability, property and vehicle claims do not have scheduled maturities; however, the timing of future payments is predictable based on historical patterns and is relied upon in determining the current portion of these liabilities. Accordingly, the Company reflects the net present value of the obligations it determines to be long-term using the risk-free interest rate as of the balance sheet date. Leases: one Lease-related assets and liabilities are recognized for all leases with an initial term of 12 months or greater. The exercise of lease renewal options is at the Company’s sole discretion. The Company evaluates renewal options at commencement and on an ongoing basis and includes options that are reasonably certain to exercise in its expected lease terms when classifying leases and measuring lease liabilities. Certain lease agreements require variable payments based upon actual costs of common-area maintenance, real estate taxes and insurance. Financial Instruments: Income Taxes: The Company recognizes liabilities for uncertain income tax positions based on a two-step process. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step requires the Company to estimate and measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. The Company reevaluates these uncertain tax positions on a quarterly basis or when new information becomes available to management. These reevaluations are based on factors including, but not limited to, changes in facts or circumstances, changes in tax law, successfully settled issues under audit, expirations due to statutes and new audit activity. Such a change in recognition or measurement could result in the recognition of a tax benefit or an increase to the tax accrual. The Company classifies interest related to income tax liabilities, and if applicable, penalties, as a component of Income tax expense. The income tax liabilities and accrued interest and penalties are expected to be payable within one year of the balance sheet date are presented within the Accrued expenses and other caption in the accompanying Consolidated Balance Sheets. The remaining portion of the income tax liabilities and accrued interest and penalties are presented within the Other long-term liabilities caption in the accompanying Consolidated Balance Sheets because payment of cash is not anticipated within one year of the balance sheet date. (Refer to “Note E – Income Taxes” for additional disclosures regarding the Company’s income taxes.) Sales and Use Taxes: Dividends: Revenue Recognition: The Company’s performance obligations are typically satisfied when the customer takes possession of the merchandise. Revenue from retail customers is recognized when the customer leaves our store with the purchased products, typically at the point of sale or for E-commerce orders when the product is shipped. Revenue from commercial customers is recognized upon delivery, typically same-day. Payment from retail customers is at the point of sale and payment terms for commercial customers are based on the Company’s pre-established credit requirements and generally range from 1 to 30 days. Discounts, sales incentives and rebates are treated as separate performance obligations, and revenue allocated to these performance obligations is recognized as the obligations to the customer are satisfied. Additionally, the Company estimates and records gift card breakage as redemptions occur. The Company offers diagnostic, repair, collision and shop management information software used in the automotive repair industry through ALLDATA. This revenue is recognized as services are provided. Revenue from these services is recognized over the life of the contract. A portion of the Company’s transactions include the sale of auto parts that contain a core component. The core component represents the recyclable portion of the auto part. Customers are not charged for the core component of the new part if a used core is returned at the point of sale of the new part; otherwise the Company charges customers a specified amount for the core component. The Company refunds that same amount in the event the customer returns a used core to the store at a later date. The Company does not recognize sales or cost of sales for the core component of these transactions when a used part is returned or expected to be returned from the customer. There were no material contract assets, liabilities or deferred costs recorded on the Consolidated Balance Sheet as of August 31, 2024 and August 26, 2023. Revenue related to unfulfilled performance obligations as of August 31, 2024 and August 26, 2023 is not significant. (Refer to “Note Q – Segment Reporting” for additional information related to revenue recognized during the period.) Vendor Allowances and Advertising Costs: based on changes in market conditions, vendor marketing strategies and changes in the profitability or sell-through of the related merchandise. Rebates and other miscellaneous incentives are earned based on purchases or product sales and are accrued ratably over the purchase or sale of the related product. These monies are generally recorded as a reduction of merchandise inventories and are recognized as a reduction to cost of sales as the related inventories are sold. For arrangements that provide for reimbursement of specific, incremental, identifiable costs incurred by the Company in selling the vendors’ products, the vendor funds are recorded as a reduction to Operating, selling, general and administrative expenses in the period in which the specific costs were incurred. The Company expenses advertising costs as incurred. Advertising expense, net of vendor promotional funds, was $102.7 million in fiscal 2024, $99.5 million in fiscal 2023 and $97.1 million in fiscal 2022. Vendor promotional funds, which reduced advertising expense, amounted to $67.8 million in fiscal 2024, $62.4 million in fiscal 2023 and $52.1 million in fiscal 2022. Cost of Sales and Operating, Selling, General and Administrative Expenses: Cost of Sales ● Total cost of merchandise sold, including: o Freight expenses associated with moving merchandise inventories from the Company’s vendors to the distribution centers; o Vendor allowances that are not reimbursements for specific, incremental and identifiable costs ● Costs associated with operating the Company’s supply chain, including payroll and benefits, warehouse occupancy, transportation and depreciation; and ● Inventory shrinkage Operating, Selling, General and Administrative Expenses ● Payroll and benefits for store, field leadership and store support employees; ● Occupancy of store and store support facilities; ● Depreciation and amortization related to store and store support assets; ● Transportation associated with field leadership, commercial sales force and deliveries from stores; ● Advertising; ● Self-insurance; ● Technology; and ● Other administrative costs, such as credit card transaction fees, legal costs, supplies and travel and lodging Warranty Costs: Pre-opening Expenses: Earnings per Share options excluded for the year ended August 31, 2024, August 26, 2023 and August 27, 2022, respectively, because they would have been anti-dilutive. Share-Based Payments: Risk and Uncertainties: Recently Adopted Accounting Pronouncements In September 2022, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2022-04, Liabilities – Supplier Finance Programs (Subtopic 405-50) Recently Issued Accounting Pronouncements In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280) In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740)

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Aug. 31, 2024
Fair Value Measurements
Fair Value Measurements	Note B – Fair Value Measurements The Company defines fair value as the price received to transfer an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In accordance with ASC 820, Fair Value Measurements and Disclosures measure fair value. The hierarchy, as defined below, gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three levels of the fair value hierarchy are set forth below: Level 1 inputs — Level 2 inputs — Level 3 inputs — Marketable Debt Securities Measured at Fair Value on a Recurring Basis The Company’s marketable debt securities measured at fair value on a recurring basis were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ August 31, 2024 (in thousands) Level 1 Level 2 Level 3 Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other current assets ​ $ 26,697 ​ $ 11,734 ​ $ — ​ $ 38,431 Other long-term assets ​ 27,031 ​ ​ 56,696 ​ — ​ 83,727 ​ ​ $ 53,728 ​ $ 68,430 ​ $ — ​ $ 122,158 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ August 26, 2023 (in thousands) Level 1 Level 2 Level 3 Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other current assets ​ $ 35,349 ​ $ 4,290 ​ $ — ​ $ 39,639 Other long-term assets ​ 71,028 ​ 10,846 ​ — ​ 81,874 ​ ​ $ 106,377 ​ $ 15,136 ​ $ — ​ $ 121,513 ​ At August 31, 2024, the fair value measurement amounts for assets and liabilities recorded in the accompanying Consolidated Balance Sheet consisted of short-term marketable debt securities of $38.4 million, which are included within Other current assets and long-term marketable debt securities of $83.7 million, which are included within Other long-term assets. The Company’s marketable debt securities are typically valued at the closing price in the principal active market as of the last business day of the quarter or through the use of other market inputs relating to the debt securities, including benchmark yields and reported trades. A discussion on how the Company’s cash flow hedges are valued is included in “Note L – Derivative Financial Instruments,” while the fair values of the marketable debt securities by asset class are described in “Note C – Marketable Debt Securities.” Non-Financial Assets Measured at Fair Value on a Non-Recurring Basis Certain non-financial assets and liabilities are required to be measured at fair value on a non-recurring basis in certain circumstances, including the event of impairment. These non-financial assets and liabilities could include assets and liabilities acquired in an acquisition as well as goodwill, intangible assets and property, plant and equipment that are determined to be impaired. At August 31, 2024, the Company did not have any other significant non-financial assets or liabilities that had been measured at fair value on a non-recurring basis subsequent to initial recognition. Financial Instruments not Recognized at Fair Value The Company has financial instruments, including cash and cash equivalents, accounts receivable, other current assets and accounts payable. The carrying amounts of these financial instruments approximate fair value because of their short maturities. A discussion of the carrying values and fair values of the Company’s debt is included in “Note I – Financing.”

Marketable Debt Securities

Marketable Debt Securities	12 Months Ended
	Aug. 31, 2024
Marketable Debt Securities
Marketable Debt Securities	Note C – Marketable Debt Securities The Company’s basis for determining the cost of a security sold is the “Specific Identification Model.” Unrealized gains (losses) on marketable debt securities are recorded in Accumulated Other Comprehensive Loss. The Company’s available-for-sale marketable debt securities consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ August 31, 2024 ​ Amortized Gross Gross ​ ​ ​ Cost ​ Unrealized ​ Unrealized ​ Fair (in thousands) ​ Basis ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate debt securities ​ $ 32,355 ​ $ 183 ​ $ (78) ​ $ 32,460 Government bonds ​ 50,251 ​ 483 ​ (493) ​ 50,241 Mortgage-backed securities ​ 22,859 ​ 326 ​ (95) ​ 23,090 Asset-backed securities and other ​ 16,327 ​ 66 ​ (26) ​ 16,367 ​ ​ $ 121,792 ​ $ 1,058 ​ $ (692) ​ $ 122,158 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ August 26, 2023 ​ Amortized Gross Gross ​ ​ ​ Cost ​ Unrealized ​ Unrealized ​ Fair (in thousands) ​ Basis ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate debt securities ​ $ 31,683 ​ $ 17 ​ $ (504) ​ $ 31,196 Government bonds ​ 63,747 ​ — ​ (1,440) ​ 62,307 Mortgage-backed securities ​ 3,215 ​ — ​ (213) ​ 3,002 Asset-backed securities and other ​ 25,242 ​ — ​ (234) ​ 25,008 ​ ​ $ 123,887 ​ $ 17 ​ $ (2,391) ​ $ 121,513 ​ The marketable debt securities held at August 31, 2024, had effective maturities ranging from less than one year to approximately twenty-nine years. At August 31, 2024, the Company held 45 securities that are in an unrealized loss position of approximately $0.7 million. In evaluating whether a credit loss exists for the securities, the Company considers factors such as the severity of the loss position, the credit worthiness of the investee, the term to maturity and the intent and ability to hold the investments until maturity or until recovery of fair value. An allowance for credit losses was deemed unnecessary given consideration of the factors above. The Company did not realize any material gains or losses on its marketable debt securities during fiscal 2024, 2023 or 2022. Included above in total marketable debt securities are $111.5 million and $105.0 million of marketable debt securities transferred by the Company’s insurance captive to a trust account to secure its obligations to an insurance company related to future workers’ compensation and casualty losses as of August 31, 2024 and August 26, 2023, respectively.

Leases

Leases	12 Months Ended
	Aug. 31, 2024
Leases
Leases	Note D – Leases Lease-related assets and liabilities recorded on the Consolidated Balance Sheets are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Classification August 31, 2024 ​ August 26, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ Operating Operating lease right-of-use assets ​ $ 3,057,780 ​ $ 2,998,097 Finance Property and equipment ​ 528,482 ​ 419,247 Total lease assets ​ $ 3,586,262 ​ $ 3,417,344 Liabilities: ​ ​ ​ Current: ​ ​ ​ ​ ​ ​ ​ ​ Operating Current portion of operating lease liabilities ​ $ 266,855 ​ $ 257,256 Finance Accrued expenses and other ​ 115,559 ​ 86,916 Noncurrent: ​ ​ Operating Operating lease liabilities, less current portion ​ 2,960,174 ​ 2,917,046 Finance Other long-term liabilities ​ 283,882 ​ 200,702 Total lease liabilities ​ $ 3,626,470 ​ $ 3,461,920 ​ Accumulated amortization related to finance lease assets was $132.1 million as of August 31, 2024 and $132.5 million as of August 26, 2023. ​ Lease costs for finance and operating leases for the 53 weeks ended August 31, 2024 and 52 weeks ended August 26, 2023 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended (in thousands) ​ Statement of Income Location ​ August 31, 2024 ​ August 26, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance lease cost: ​ ​ ​ Amortization of lease assets Depreciation and amortization ​ $ 84,392 ​ $ 71,913 Interest on lease liabilities Interest expense, net ​ 19,279 ​ 14,608 Operating lease cost (1) Selling, general and administrative expenses ​ 485,164 ​ 437,762 Total lease cost ​ ​ ​ $ 588,835 ​ $ 524,283 (1) Includes short-term leases, variable lease costs and sublease income, which are immaterial. The future rental payments, inclusive of renewal options that have been included in defining the expected lease term, of our operating and finance lease obligations as of August 31, 2024 having initial or remaining lease terms in excess of one year are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance Operating ​ (in thousands) ​ Leases ​ Leases ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2025 ​ $ 116,999 ​ $ 391,901 ​ $ 508,900 2026 ​ 117,426 ​ ​ 424,859 ​ ​ 542,285 2027 ​ 92,415 ​ ​ 404,075 ​ ​ 496,490 2028 ​ 61,692 ​ ​ 375,799 ​ ​ 437,491 2029 ​ 30,697 ​ ​ 344,197 ​ ​ 374,894 Thereafter ​ 42,425 ​ ​ 2,217,046 ​ ​ 2,259,471 Total lease payments ​ ​ 461,654 ​ ​ 4,157,877 ​ 4,619,531 Less: Interest ​ (62,213) ​ ​ (930,848) ​ ​ (993,061) Present value of lease liabilities ​ $ 399,441 ​ $ 3,227,029 ​ $ 3,626,470 ​ The following table summarizes the Company’s lease term and discount rate assumptions: ​ ​ ​ ​ ​ ​ ​ August 31, 2024 ​ ​ ​ ​ ​ Weighted-average remaining lease term in years, inclusive of renewal options that are reasonably certain to be exercised: ​ Finance leases – real estate 21 ​ Finance leases – vehicles 4 ​ Operating leases 12 ​ Weighted-average discount rate: ​ ​ Finance leases – real estate 3.90 % Finance leases – vehicles 5.17 % Operating leases 4.13 % ​ Cash paid for amounts included in the measurement of operating lease liabilities of $362.5 million and $335.2 million was reflected in cash flows from operating activities in the consolidated statement of cash flows for fiscal years 2024 and 2023, respectively. As of August 31, 2024, the Company has entered into additional leases which have not yet commenced and are therefore not part of the right-of-use asset and liability. These leases have undiscounted future payments of approximately $58.9 million and $26.0 million for real estate and vehicles, respectively, and will commence when the Company obtains possession of the underlying leased asset. Commencement dates are expected to be from fiscal 2025 to fiscal 2026.

Income Taxes

Income Taxes	12 Months Ended
	Aug. 31, 2024
Income Taxes
Income Taxes	Note E – Income Taxes The components of operating income before income taxes are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ ​ August 31, ​ August 26, ​ August 27, (in thousands) ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Domestic ​ $ 2,663,148 ​ $ 2,621,714 ​ $ 2,429,262 International ​ 673,982 ​ 545,900 ​ 649,829 ​ ​ $ 3,337,130 ​ $ 3,167,614 $ 3,079,091 ​ The provision for income tax expense consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ ​ August 31, ​ August 26, ​ August 27, (in thousands) 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current tax provision (benefit): ​ ​ ​ Federal ​ $ 846,176 ​ $ 491,338 ​ $ 341,462 State ​ 54,837 ​ 86,687 ​ 48,490 International ​ 193,794 ​ 154,907 ​ 122,381 Purchased tax credits ​ ​ (368,870) ​ ​ (68,037) ​ ​ (48,440) ​ ​ 725,937 ​ 664,895 ​ 463,893 Deferred tax provision (benefit): ​ ​ ​ Federal ​ (163,775) ​ 26,858 ​ 157,807 State ​ 12,264 ​ (21,847) ​ 34,564 International ​ (10,616) ​ (24,126) ​ (9,719) Purchased tax credits ​ ​ 110,893 ​ ​ (6,592) ​ ​ 2,942 ​ ​ (51,234) ​ (25,707) ​ 185,594 Income tax expense ​ $ 674,703 ​ $ 639,188 ​ $ 649,487 ​ A reconciliation of the provision for income taxes to the amount computed by applying the federal statutory tax rate to income before income taxes is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ August 31, ​ August 26, ​ August 27, ​ (in thousands) ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ Federal tax at statutory U.S. income tax rate 21.0 % 21.0 % 21.0 % State income taxes, net 1.6 % 1.6 % 2.1 % Share-based compensation (1.9) % (2.3) % (1.6) % US Tax on Non-U.S. Income (Subpart F) ​ 2.9 % 2.5 % 2.3 % US Tax on Non-U.S. Income (GILTI) ​ 1.2 % 0.8 % 0.8 % Non-U.S. Permanent Differences ​ (1.3) % (1.4) % (1.5) % Non-US Rate Differences ​ 1.1 % 0.4 % 1.0 % Foreign Tax Credits ​ (2.9) % (2.3) % (1.9) % Other (1.5) % (0.1) % (1.1) % Effective tax rate 20.2 % 20.2 % 21.1 % ​ For the year ended August 31, 2024, August 26, 2023, and August 27, 2022, the Company recognized excess tax benefits from stock option exercises of $81.4 million, $92.2 million, and $63.2 million, respectively. The Company is subject to a tax on global intangible low-taxed income (“GILTI”) which is imposed on foreign earnings. The Company has made the election to record this tax as a period cost, thus has not adjusted the deferred tax assets or liabilities of its foreign subsidiaries for this tax. ​ Significant components of the Company's deferred tax assets and liabilities were as follows: ​ ​ ​ ​ ​ ​ ​ ​ August 31, August 26, (in thousands) ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ Deferred tax assets: ​ ​ Net operating loss and credit carryforwards ​ $ 47,030 ​ $ 45,081 Accrued benefits ​ 86,119 ​ 82,318 Operating lease liabilities ​ ​ 722,156 ​ ​ 698,728 Federal credit carryforwards ​ ​ 131,895 ​ ​ — Other ​ 102,820 ​ 90,897 Total deferred tax assets ​ 1,090,020 ​ 917,024 Valuation allowances ​ (26,922) ​ (24,940) Net deferred tax assets ​ 1,063,098 ​ 892,084 ​ ​ ​ ​ ​ ​ ​ Deferred tax liabilities: ​ ​ Property and equipment ​ (228,184) ​ (194,686) Inventory ​ (499,022) ​ (451,360) Operating lease assets ​ ​ (660,949) ​ ​ (652,652) Other ​ (38,320) ​ (43,662) Deferred tax liabilities ​ (1,426,475) ​ (1,342,360) ​ ​ ​ ​ ​ ​ ​ Net deferred tax liabilities ​ $ (363,377) ​ $ (450,276) ​ ​ ​ ​ ​ ​ ​ ​ For the year ended August 31, 2024, the Company asserts indefinite reinvestment for basis differences and accumulated earnings through fiscal 2020 with respect to its foreign subsidiaries. The Company does not assert permanent reinvestment of fiscal 2021 through current year earnings with respect to its Mexican subsidiaries while maintaining its assertion of indefinite reinvestment of fiscal 2021 through current year earnings of other foreign subsidiaries. Where necessary, taxes resulting from foreign distributions of current and accumulated earnings (e.g., withholding taxes) have been considered in the Company’s provision for income taxes. ​ As of August 31, 2024, we have not recorded incremental income taxes for outside basis differences of $386.7 million in our investments in foreign subsidiaries, as these amounts are indefinitely reinvested in foreign operations. Determining the amount of unrecognized deferred tax liability related to the outside basis differences in these entities is not practicable. ​ The Organization for Economic Co-operation and Development has issued Pillar Two model rules introducing a new global minimum tax of 15% intended to be effective for our tax periods ending August 30, 2025 and forward. While the U.S. has not yet adopted the Pillar Two rules, various other governments around the world are enacting similar legislation. As currently designed, Pillar Two will ultimately apply to our worldwide operations. There remains uncertainty as to the final Pillar Two model rules. We are continuing to evaluate the Pillar Two rules and their potential impact on future periods, but we do not expect the rules to have a material impact on our effective tax rate. ​ At August 31, 2024 and August 26, 2023, the Company had net operating loss (“NOL”) carryforwards totaling approximately $309.8 million ($37.2 million tax effected) and $314.6 million ($37.2 million tax effected), respectively. Certain NOLs have no expiration date and others will expire, if not utilized, in various years from fiscal 2025 through 2043. At August 31, 2024 and August 26, 2023, the Company had deferred tax assets for income tax credit carryforwards of $141.7 million and $7.9 million, respectively. Income tax credit carryforwards will expire, if not utilized, in various years from fiscal 2025 through 2051. ​ Pursuant to provisions under the Inflation Reduction Act, enacted in August of 2022, the Company purchased transferable federal tax credits during fiscal year 2024 from various counterparties. Such federal tax credits were purchased at negotiated discounts, resulting in an income tax benefit recorded during the year ended August 31, 2024. Receivables associated with transferable federal tax credits are recorded (netted) within taxes payable and deferred tax liabilities ​ At August 31, 2024 and August 26, 2023, the Company had a valuation allowance of $26.9 million and $24.9 million, respectively, on deferred tax assets associated with NOL and tax credit carryforwards for which management has determined it is more likely than not that the deferred tax asset will not be realized. Management believes it is more likely than not that the remaining deferred tax assets will be fully realized given the extended carryforward periods referenced. ​ A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: ​ ​ ​ ​ ​ ​ ​ ​ August 31, August 26, (in thousands) ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 49,487 ​ $ 49,316 Additions based on tax positions related to the current year ​ 5,386 ​ 9,416 Additions for tax positions of prior years ​ 5,373 ​ 8,012 Reductions for tax positions of prior years ​ (8,595) ​ (5,336) Reductions due to settlements ​ (8,600) ​ (6,800) Reductions due to statute of limitations ​ (5,065) ​ (5,121) Ending balance ​ $ 37,986 ​ $ 49,487 ​ Included in the August 31, 2024 and the August 26, 2023 balances are $32.1 million and $37.0 million, respectively, of unrecognized tax benefits that, if recognized, would reduce the Company’s effective tax rate. The balances above also include amounts of $3.8 million and $8.6 million for August 31, 2024 and August 26, 2023, respectively, that are accounted for as reductions to deferred tax assets for NOL carryforwards and tax credit carryforwards. It is anticipated that in the event the associated uncertain tax positions are disallowed, the NOL carryforwards and tax credit carryforwards would be utilized to settle the liability. ​ The Company accrues interest on unrecognized tax benefits as a component of income tax expense. Penalties, if incurred, would be recognized as a component of income tax expense. The Company had $11.2 million and $10.1 million accrued for the payment of interest and penalties associated with unrecognized tax benefits at August 31, 2024 and August 26, 2023, respectively. ​ The Company files U.S. federal, U.S. state and local, and international income tax returns. With few exceptions, the Company is no longer subject to U.S. federal, U.S. state and local, or Non-U.S. examinations by tax authorities for fiscal year 2020 and prior. The Company is typically engaged in various tax examinations at any given time by U.S. federal, U.S. state and local, and Non-U.S. taxing jurisdictions. As of August 31, 2024, the Company estimates that the amount of unrecognized tax benefits could be reduced by approximately $13.1 million over the next twelve months as a result of tax audit settlements. While the Company believes that it is adequately accrued for possible audit adjustments, the final resolution of these examinations cannot be determined at this time and could result in final settlements that differ from current estimates.

Supplier Financing Programs

Supplier Financing Programs	12 Months Ended
	Aug. 31, 2024
Supplier Financing Programs
Supplier Financing Programs	Note F – Supplier Financing Programs The Company has arrangements with third-party financial institutions to confirm invoice balances owed by the Company to certain suppliers and pay the financial institutions the confirmed amounts on the invoice due dates. These arrangements allow the Company’s inventory suppliers, at their sole discretion, to enter into agreements directly with these financial institutions to finance the Company’s obligations to the suppliers at terms negotiated between the suppliers and the financial institutions. Supplier participation is optional and our obligations to our suppliers, including the amount and dates due, are not impacted by our suppliers’ decision to enter into an agreement with a third-party financial institution. As of August 31, 2024 and August 26, 2023, the Company had supplier obligations outstanding that had been confirmed under these arrangements of $4.9 billion and $4.8 billion, respectively, which are included in Accounts payable and $226.7 million and $224.8 million, respectively, which are included in Other long-term liabilities in the Condensed Consolidated Balance Sheets.

Accrued Expenses and Other

Accrued Expenses and Other	12 Months Ended
	Aug. 31, 2024
Supplier Financing Programs
Accrued Expenses and Other	Note G – Accrued Expenses and Other Accrued expenses and other consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ August 31, August 26, (in thousands) ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ Accrued compensation, related payroll taxes and benefits ​ $ 291,728 ​ $ 343,379 Property, sales and other taxes ​ 190,317 ​ 165,731 Finance lease liabilities ​ 115,559 ​ 86,916 Medical and casualty insurance claims (current portion) ​ 107,877 ​ 127,624 Accrued interest ​ 88,590 ​ 54,493 Accrued gift cards ​ 58,529 ​ 59,254 Accrued sales and warranty returns ​ 46,794 ​ 43,355 Other ​ 161,352 ​ 120,089 ​ ​ $ 1,060,746 ​ $ 1,000,841 ​ ​ ​ ​ ​ ​ ​ ​ The Company retains a significant portion of the insurance risks associated with workers’ compensation, general, product liability, property and vehicle insurance. A portion of these self-insured losses is managed through a wholly owned insurance captive. The Company maintains certain levels for stop-loss coverage for each self-insured plan in order to limit its liability for large claims. The retained limits per claim type are $2.0 million for workers’ compensation, $7.5 million for auto liability, $21.5 million for property and $2.0 million for general and product liability.

Litigation

Litigation	12 Months Ended
	Aug. 31, 2024
Litigation
Litigation	Note H – Litigation The Company is involved in various legal proceedings incidental to the conduct of its business, including, but not limited to, claims and allegations related to wage and hour violations, unlawful termination, employment practices, product liability, privacy and cybersecurity, environmental matters, intellectual property rights or regulatory compliance. The Company does not currently believe that, either individually or in the aggregate, these matters will result in liabilities material to the Company’s financial condition, results of operations or cash flows.

Financing

Financing	12 Months Ended
	Aug. 31, 2024
Financing
Financing	​ ​ Note I – Financing ​ The Company’s debt consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ August 31, August 26, (in thousands) ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ 3.125% Senior Notes due April 2024, effective interest rate 3.32% ​ $ — ​ $ 300,000 3.250% Senior Notes due April 2025, effective interest rate 3.36% ​ 400,000 ​ 400,000 3.625% Senior Notes due April 2025, effective interest rate 3.78% ​ ​ 500,000 ​ ​ 500,000 3.125% Senior Notes due April 2026, effective interest rate 3.28% ​ 400,000 ​ 400,000 5.050% Senior Notes due July 2026, effective interest rate 5.09% ​ ​ 450,000 ​ ​ 450,000 3.750% Senior Notes due June 2027, effective interest rate 3.83% ​ 600,000 ​ 600,000 4.500% Senior Notes due February 2028, effective interest rate 4.43% ​ ​ 450,000 ​ ​ 450,000 6.250% Senior Notes due November 2028, effective interest rate 6.46% ​ ​ 500,000 ​ ​ — 3.750% Senior Notes due April 2029, effective interest rate 3.86% ​ 450,000 ​ 450,000 5.100% Senior Notes due July 2029, effective interest rate 5.30% ​ ​ 600,000 ​ ​ — 4.000% Senior Notes due April 2030, effective interest rate 4.09% ​ ​ 750,000 ​ ​ 750,000 1.650% Senior Notes due January 2031, effective interest rate 2.19% ​ ​ 600,000 ​ ​ 600,000 4.750% Senior Notes due August 2032, effective interest rate 4.76% ​ ​ 750,000 ​ ​ 750,000 4.750% Senior Notes due February 2033, effective interest rate 4.70% ​ ​ 550,000 ​ ​ 550,000 5.200% Senior Notes due August 2033, effective interest rate 5.22% ​ ​ 300,000 ​ ​ 300,000 6.550% Senior Notes due November 2033, effective interest rate 6.71% ​ ​ 500,000 ​ ​ — 5.400% Senior Notes due July 2034, effective interest rate 5.54% ​ ​ 700,000 ​ ​ — Commercial paper, weighted average interest rate 5.40% at August 31, 2024 and 5.43% at August 26, 2023 ​ 580,000 ​ 1,209,600 Total debt before discounts and debt issuance costs ​ 9,080,000 ​ 7,709,600 Less: Discounts and debt issuance costs ​ ​ 55,619 ​ 41,051 Long-term debt ​ $ 9,024,381 ​ $ 7,668,549 ​ On November 15, 2021, the Company amended and restated its existing revolving credit facility (the “Revolving Credit Agreement”) pursuant to which the Company’s borrowing capacity was increased from $2.0 billion to $2.25 billion and the maximum borrowing under the Revolving Credit Agreement may, at the Company’s option, subject to lenders approval, be increased from $2.25 billion to $3.25 billion. On November 15, 2022, the Company amended the Revolving Credit Agreement, extending the termination date by one year . As amended, the Revolving Credit Agreement will terminate, and all amounts borrowed will be due and payable, on November 15, 2027 , but the Company may make one additional request to extend the termination date for an additional period of one year Under the Company’s Revolving Credit Agreement, covenants include restrictions on liens, a maximum debt to earnings ratio, a minimum fixed charge coverage ratio and a change of control provision that may require acceleration of the repayment obligations under certain circumstances. As of August 31, 2024, the Company had no outstanding borrowings and $1.8 million of outstanding letters of credit under the Revolving Credit Agreement. The Revolving Credit Agreement requires that the Company’s consolidated interest coverage ratio as of the last day of each quarter shall be no less than 2.5:1. This ratio is defined as the ratio of (i) consolidated earnings before interest, taxes and rents to (ii) consolidated interest expense plus consolidated rents. The Company’s consolidated interest coverage ratio as of August 31, 2024 was 5.4:1. As of August 31, 2024, the $580 million of commercial paper borrowings, the $400 million 3.250% Senior Notes due April 2025 and the $500 million 3.625% Senior Notes due April 2025 were classified as long-term in the accompanying Consolidated Balance Sheets as the Company currently has the ability and intent to refinance them on a long-term basis through available capacity in its Revolving Credit Agreement. As of August 31, 2024, the Company had $2.2 billion of availability under its Revolving Credit Agreement, without giving effect to commercial paper borrowings, which would allow the Company to replace these short-term obligations with a long-term financing facility. On April 18, 2024, the Company repaid its outstanding $300 million 3.125% Senior Notes due April 2024. On July 17, 2023, the Company repaid its outstanding $500 million 3.125% Senior Notes due July 2023. On January 17, 2023, the Company repaid its outstanding $300 million 2.875% Senior Notes due January 2023. On January 18, 2022, the Company repaid the $500 million 3.700% Senior Notes due April 2022, which were callable at par in January 2022. On June 28, 2024, the Company issued $600 million in 5.100% Senior Notes due July 2029 and $700 million 5.400% Senior Notes due July 2034 under the automatic shelf registration statement on Form S-3, filed with the SEC on July 19, 2022 (File No. 333-266209) (the “2022 Shelf Registration Statement”). The 2022 Shelf Registration Statement allows us to sell an indeterminate amount in debt securities to fund general corporate purposes, including repaying, redeeming or repurchasing outstanding debt and for working capital, capital expenditures, new store or distribution center openings, stock repurchases and acquisitions. Proceeds from the debt issuance were used to repay a portion of our outstanding commercial paper borrowings and for other general corporate purposes. On October 25, 2023, the Company issued $500 million in 6.250% Senior Notes due November 2028 and $500 million 6.550% Senior Notes due November 2033 under the 2022 Shelf Registration Statement. Proceeds from the debt issuance were used for general corporate purposes. On July 21, 2023, the Company issued $450 million in 5.050% Senior Notes due July 2026 and $300 million in 5.200% Senior Notes due August 2033 under the 2022 Shelf Registration Statement. Proceeds from the debt issuance were used for general corporate purposes. On January 27, 2023, the Company issued $450 million in 4.500% Senior Notes due February 2028 and $550 million in 4.750% Senior Notes due February 2033 under the 2022 Shelf Registration Statement. Proceeds from the debt issuance were used to repay a portion of the Company’s outstanding commercial paper borrowings and for other general corporate purposes. On August 1, 2022, the Company issued $750 million in 4.750% Senior Notes due August 2032 under the 2022 Shelf Registration Statement. Proceeds from the debt issuance were used to repay a portion of the outstanding commercial paper borrowings and for other general corporate purposes. The Senior Notes contain a provision that repayment of the Senior Notes may be accelerated if the Company experiences a change in control (as defined in the agreements). The Company’s borrowings under its senior notes contain minimal covenants, primarily restrictions on liens. All of the repayment obligations under its borrowing arrangements may be accelerated and come due prior to the scheduled payment date if covenants are breached or an event of default occurs. Interest for Senior Notes is paid on a semi-annual basis. The Company also maintains a letter of credit facility that allows it to request the participating bank to issue letters of credit on its behalf up to an aggregate amount of $25 million. The letter of credit facility is in addition to the letters of credit that may be issued under the Revolving Credit Agreement and expired in June 2022. On May 16, 2022, the Company amended and restated the letter of credit facility to, among other things, extend the facility through June 2025. As of August 31, 2024, the Company had no letters of credit outstanding under the letter of credit facility. In addition to the outstanding letters of credit issued under the committed facility discussed above, the Company had $141.6 million in letters of credit outstanding as of August 31, 2024. These letters of credit have various maturity dates and were issued on an uncommitted basis. As of August 31, 2024, the Company was in compliance with all covenants related to its borrowing arrangements. The fair value of the Company’s debt was estimated at $9.0 billion as of August 31, 2024, and $7.3 billion as of August 26, 2023, based on the quoted market prices for the same or similar issues or on the current rates available to the Company for debt of the same terms (Level 2). Such fair value is greater than the carrying value of debt by $3.5 million and less than the carrying value of debt by $406.6 million at August 31, 2024 and August 26, 2023, respectively. This amount reflects face amount, adjusted for any unamortized debt issuance costs and discounts. All of the Company’s debt is unsecured. Scheduled maturities of debt are as follows: ​ ​ ​ ​ ​ Scheduled (in thousands) ​ Maturities ​ ​ ​ ​ 2025 ​ $ 1,480,000 2026 ​ 850,000 2027 ​ 600,000 2028 ​ 450,000 2029 ​ 1,550,000 Thereafter ​ 4,150,000 Subtotal ​ 9,080,000 Discount and debt issuance costs ​ 55,619 Total Debt ​ $ 9,024,381 ​

Interest Expense

Interest Expense	12 Months Ended
	Aug. 31, 2024
Interest Expense
Interest Expense	Note J – Interest Expense Net interest expense consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ August 31, August 26, August 27, (in thousands) ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest expense ​ $ 465,191 ​ $ 320,121 ​ $ 198,883 Interest income ​ (11,312) ​ (12,054) ​ (6,048) Capitalized interest ​ (2,301) ​ (1,695) ​ (1,197) ​ ​ $ 451,578 ​ $ 306,372 ​ $ 191,638 ​

Stock Repurchase Program

Stock Repurchase Program	12 Months Ended
	Aug. 31, 2024
Stock Repurchase Program
Stock Repurchase Program	Note K – Stock Repurchase Program During 1998, the Company announced a program permitting the Company to repurchase a portion of its outstanding shares not to exceed a dollar maximum established by the Company’s Board of Directors. The Board voted to increase the repurchase authorization by $2.0 billion on December 20, 2023 and $1.5 billion on June 19, 2024, bringing the total authorization to $39.2 billion. Previously, the Board voted to increase the authorization by $4.5 billion in fiscal 2023 and $5.0 billion in fiscal 2022. The Company has $2.2 billion remaining under the Board’s authorization to repurchase its common stock. The Company’s share repurchase activity consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ August 31, August 26, August 27, (in thousands) ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount ​ $ 3,170,320 ​ $ 3,723,289 ​ $ 4,359,991 Shares ​ 1,149 ​ 1,524 ​ 2,220 ​ During fiscal year 2024, the Company retired 1.7 million shares of treasury stock which had previously been repurchased under the Company’s share repurchase program. The retirement increased Retained deficit by $4.1 billion and decreased Additional paid-in capital by $142.4 million. During the comparable prior year period, the Company retired 2.1 million shares of treasury stock, which increased Retained deficit by $4.2 billion and decreased Additional paid-in capital by $143.4 million. Subsequent to August 31, 2024 and through October 21, 2024, the Company has repurchased 67,677 shares of common stock at an aggregate cost of $212.0 million. Considering the cumulative repurchases through October 21, 2024, the Company has $2.0 billion remaining under the Board’s authorization to repurchase its common stock.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Aug. 31, 2024
Derivative Financial Instruments
Derivative Financial Instruments	Note L – Derivative Financial Instruments The Company periodically uses derivatives to hedge exposures to interest rates. The Company does not hold or issue financial instruments for trading purposes. For transactions that meet the hedge accounting criteria, the Company formally designates and documents the instrument as a hedge at inception and quarterly thereafter assesses the hedges to ensure they are effective in offsetting changes in the cash flows of the underlying exposures. Derivatives are recorded in the Company’s Consolidated Balance Sheet at fair value, determined using available market information or other appropriate valuation methodologies. In accordance with ASC Topic 815, Derivatives and Hedging ​ At August 31, 2024, the Company had $10.6 million (excluding the impact of deferred taxes) recorded in Accumulated Other Comprehensive Loss related to net realized losses associated with terminated interest rate swap and treasury rate lock derivatives which were designated as hedging instruments. Net losses are amortized into Interest expense over the remaining life of the associated debt. During fiscal 2024 and 2023, the Company reclassified $2.3 million and $2.8 million of net losses from Accumulated Other Comprehensive Loss to Interest expense, respectively. The Company expects to reclassify $2.3 million of net losses from Accumulated Other Comprehensive Loss to Interest expense over the next 12 months.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	12 Months Ended
	Aug. 31, 2024
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss	​ ​ Note M – Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss includes certain adjustments to foreign currency translation adjustments, certain activity for interest rate swaps and treasury rate locks that qualify as cash flow hedges and unrealized gains (losses) on available-for-sale marketable debt securities. Changes in Accumulated Other Comprehensive Loss consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ Foreign ​ Gain (Loss) ​ ​ ​ ​ ​ ​ (in thousands) Currency (1) on Securities ​ Derivatives ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at August 27, 2022 ​ $ (280,190) ​ $ (2,171) ​ $ (18,175) ​ $ (300,536) Other Comprehensive Income before reclassifications ​ 103,633 ​ 472 ​ 3,635 ​ 107,740 Amounts reclassified from Accumulated Other Comprehensive Loss (2) ​ — ​ (152) ​ 2,112 ​ 1,960 Balance at August 26, 2023 ​ ​ (176,557) ​ ​ (1,851) ​ ​ (12,428) ​ ​ (190,836) Other Comprehensive (Loss) Income before reclassifications ​ (174,715) ​ ​ 2,179 ​ ​ — ​ (172,536) Amounts reclassified from Accumulated Other Comprehensive Loss (2) ​ — ​ ​ (28) ​ ​ 1,782 ​ 1,754 Balance at August 31, 2024 ​ $ (351,272) ​ $ 300 ​ $ (10,646) ​ $ (361,618) ​ (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 shown are net of taxes/tax benefits.

401(k) Savings Plans

401(k) Savings Plans	12 Months Ended
	Aug. 31, 2024
401(k) Savings Plans
401(k) Savings Plans	Note N – 401(k) Savings Plan The Company has a 401(k) plan that covers all domestic employees who meet the plan’s participation requirements. The plan features include Company matching contributions, immediate 100% vesting of Company contributions and a savings option up to 25% of qualified earnings. The Company makes matching contributions, per pay period, up to a specified percentage of employees’ contributions as approved by the Board. The Company made matching contributions to employee accounts in connection with the 401(k) plan of $39.0 million in fiscal 2024, $37.3 million in fiscal 2023 and $37.9 million in fiscal 2022.

Share-Based Plans

Share-Based Plans	12 Months Ended
	Aug. 31, 2024
Share-Based Plans
Share-Based Payments	Note O – Share-Based Plans The Company has several active and inactive equity incentive plans under which the Company has been authorized to grant share-based awards to key employees and non-employee directors. Awards under these plans have been in the form of restricted stock, restricted stock units, stock options, stock appreciation rights and other awards as defined by the plans. The Company also has an Employee Stock Purchase Plan that allows employees to purchase Company shares at a discount subject to certain limitations. The Company also has an Executive Stock Purchase Plan which permits all eligible executives to purchase AutoZone’s common stock using up to twenty-five percent of his or her annual salary and bonus. Amended and Restated AutoZone, Inc. 2011 Equity Incentive Award Plan On December 15, 2010, the Company’s stockholders approved the 2011 Equity Incentive Award Plan (the “2011 Plan”), allowing the Company to provide equity-based compensation to non-employee directors and employees for their service to AutoZone or its subsidiaries or affiliates. Prior to the Company’s adoption of the 2011 Plan, equity-based compensation was provided to employees under the 2006 Stock Option Plan and to non-employee directors under the 2003 Director Compensation Plan (the “2003 Comp Plan”). During fiscal 2016, the Company’s stockholders approved the Amended and Restated AutoZone, Inc. 2011 Equity Incentive Award Plan (the “Amended 2011 Equity Plan”). The Amended 2011 Equity Plan imposes a maximum limit on the compensation, measured as the sum of any cash compensation and the aggregate grant date fair value of awards granted under the Amended 2011 Equity Plan, which may be paid to non-employee directors for such service during any calendar year. The Amended 2011 Equity Plan also applies a ten-year term on the Amended 2011 Equity Plan through December 16, 2025 and extends the Company’s ability to grant incentive stock options under the Amended 2011 Equity Plan through October 7, 2025. AutoZone, Inc. 2020 Omnibus Incentive Award Plan On December 16, 2020, the Company’s stockholders approved the AutoZone, Inc. 2020 Omnibus Incentive Award Plan (the “2020 Omnibus Plan”), which serves as the successor to the Amended 2011 Equity Plan. The 2020 Omnibus Plan provides equity-based compensation to our non-employee directors and employees for their service to AutoZone or our subsidiaries or affiliates. Under the 2020 Omnibus Plan, participants may receive equity-based compensation in the form of stock options, stock appreciation rights, restricted stock, restricted stock units, dividend equivalents, deferred stock, stock payments, performance based awards, cash based awards and other incentive awards structured by the Compensation Committee and the Board within parameters set forth in the 2020 Omnibus Plan. ​ AutoZone, Inc. Director Compensation Program Under the Company’s Director Compensation Program (the “Program”), non-employee directors will receive their compensation in awards of restricted stock units under the 2020 Omnibus Plan, with an option for a certain portion of a director’s compensation to be paid in cash at the non-employee director’s election. Under the Program, restricted stock units are granted on January 1 of each year (the “Grant Date”). The number of restricted stock units is determined by dividing the amount of the annual retainer by the fair market value of the shares of common stock as of the Grant Date. The restricted stock units are fully vested on the date of grant and are paid in shares of the Company’s common stock on the first or the fifth anniversary of the Grant Date (at the Director’s election) or if sooner, the date the non-employee director ceases to be a member of the Board (“Separation from Service”). The cash portion of the award, if elected, is paid ratably over each calendar quarter. Total share-based compensation expense (a component of Operating, selling, general and administrative expenses) was $106.2 million, $93.1 million and $70.6 million for fiscal 2024, 2023 and 2022, respectively. General terms and methods of valuation for the Company’s share-based awards are as follows: Stock Options The Company grants options to purchase common stock to certain of its employees under the 2020 Omnibus Plan at prices equal to the market value of the stock on the date of grant. Options have a term of ten years from grant date. Option-vesting periods range from four The Company has estimated the fair value of all stock option awards as of the date of the grant by applying the Black-Scholes-Merton multiple-option pricing valuation model. The following table presents the weighted average for key assumptions used in determining the fair value of options granted and the related share-based compensation expense: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ ​ August 31, ​ August 26, ​ August 27, ​ ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ Expected price volatility ​ 29 % 29 % 28 % Risk-free interest rate ​ 4.7 % 3.8 % 1.1 % Weighted average expected lives (in years) ​ 5.5 ​ 5.5 ​ 5.6 ​ Forfeiture rate ​ 7 % 10 % 10 % Dividend yield ​ 0 % 0 % 0 % ​ The following methodologies were applied in developing the assumptions used in determining the fair value of options granted: Expected price volatility – Risk-free interest rate – Expected lives – Forfeiture rate – Dividend yield – The weighted average grant date fair value per share of options granted was $922.10, $764.68 and $463.45 during fiscal 2024, 2023 and 2022, respectively. The intrinsic value of options exercised was $424.5 million, $424.6 million and $282.7 million in fiscal 2024, 2023 and 2022, respectively. The total fair value of options vested was $67.0 million, $47.9 million and $39.3 million in fiscal 2024, 2023 and 2022, respectively. The Company generally issues new shares when options are exercised. The following table summarizes information about stock option activity for the year ended August 31, 2024: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ ​ ​ ​ ​ Average ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Remaining ​ Aggregate ​ ​ ​ ​ Weighted ​ Contractual ​ Intrinsic ​ ​ Number ​ Average ​ Term ​ Value ​ ​ of Shares ​ Exercise Price ​ (in years) ​ (in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding – August 26, 2023 1,027,588 ​ $ 1,180.39 ​ ​ ​ ​ Granted 139,534 ​ ​ 2,577.52 ​ Exercised (209,829) ​ ​ 799.06 ​ Forfeited/Cancelled (33,450) ​ ​ 1,884.80 ​ Outstanding – August 31, 2024 923,843 ​ 1,452.52 5.96 ​ $ 1,597,289 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exercisable 589,743 ​ ​ 1,054.66 ​ 4.73 ​ ​ 1,254,276 Expected to vest 321,772 ​ ​ 2,148.75 ​ 8.13 ​ ​ 332,305 Available for future grants 722,644 ​ ​ ​ ​ ​ ​ ​ ​ ​ As of August 31, 2024, total unrecognized share-based compensation expense related to stock options, net of estimated forfeitures, was approximately $103.6 million, before income taxes, and will be recognized over an estimated weighted average period of 2.9 years. Restricted Stock Units Restricted stock unit awards are valued at the market price of a share of the Company’s stock on the date of grant and vest ratably on an annual basis over a four-year service period and are payable in shares of common stock on the vesting date. Compensation expense for grants of employee restricted stock units is recognized on a straight-line basis over the four-year service period, less estimated forfeitures, which are consistent with stock option forfeiture assumptions. As of August 31, 2024, total unrecognized stock-based compensation expense related to nonvested restricted stock unit awards, net of estimated forfeitures, was approximately $6.8 million, before income taxes, which we expect to recognize over an estimated weighted average period of 2.4 years. Transactions related to restricted stock units for the fiscal year ended August 31, 2024 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted- ​ Number Average Grant ​ ​ of Shares ​ Date Fair Value ​ ​ ​ ​ ​ ​ Nonvested at August 26, 2023 8,133 ​ $ 1,572.87 Granted 3,173 ​ ​ 2,560.56 Vested (4,781) ​ ​ 1,614.94 Forfeited (1,015) ​ ​ 2,144.26 Nonvested at August 31, 2024 5,510 ​ $ 1,999.92 ​ Stock Appreciation Rights At August 31, 2024 and August 26, 2023, the Company had $15.3 million and $11.8 million, respectively of accrued compensation expense. There were 4,822 outstanding units issued under the 2003 Comp Plan and prior plans. As directors retire, this balance will be reduced. No additional shares of stock or units will be issued in future years under the 2003 Comp Plan or prior plans. Employee Stock Purchase Plan and Executive Stock Purchase Plan The Company recognized $3.1 million, $2.5 million and $3.2 million in compensation expense related to the discount on the selling of shares to employees and executives under the various share purchase plans in fiscal 2024, 2023 and 2022, respectively. Under the Employee Plan, 5,000, 5,183 and 6,238 shares were sold to employees in fiscal 2024, 2023 and 2022, respectively. The Company repurchased 4,886 shares in fiscal 2022 at market value from employees electing to sell their stock. Purchases under the Executive Plan were 540, 689 and 709 shares in fiscal 2024, 2023 and 2022, respectively. Issuances of shares under the Employee Plan are netted against repurchases and such repurchases are not included in share repurchases disclosed in “Note K – Stock Repurchase Program.” At August 31, 2024, 117,341 shares of common stock were reserved for future issuance under the Employee Plan, and 232,426 shares of common stock were reserved for future issuance under the Executive Plan.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Aug. 31, 2024
Commitments and Contingencies.
Commitments and Contingencies	Note P – Commitments and Contingencies Construction commitments, primarily for new stores, totaled approximately $103.8 million at August 31, 2024. The Company had $143.4 million in outstanding standby letters of credit and $48.9 million in surety bonds as of August 31, 2024, which all have expiration periods of less than one year. A substantial portion of the outstanding standby letters of credit (which are primarily renewed on an annual basis) and surety bonds are used to cover reimbursement obligations to our workers’ compensation carriers. There are no additional contingent liabilities associated with these instruments as the underlying liabilities are already reflected in the Consolidated Balance Sheets. The standby letters of credit and surety bonds arrangements have automatic renewal clauses. The Company has entered into agreements to make capital contributions to certain tax credit instruments upon the completion of project milestones. As of August 31, 2024, the Company had commitments to make certain additional capital contributions to these tax credit instruments totaling $49.3 million in fiscal 2025.

Segment Reporting

Segment Reporting	12 Months Ended
	Aug. 31, 2024
Segment Reporting
Segment Reporting	Note Q – Segment Reporting The Company’s primary operating segments (Domestic Auto Parts, Mexico and Brazil) are aggregated as one reportable segment: Auto Parts Stores. The criteria the Company used to identify the reportable segment are primarily the nature of the products the Company sells and the operating results that are regularly reviewed by the Company’s chief operating decision maker to make decisions about the resources to be allocated to the business units and to assess performance. The accounting policies of the Company’s reportable segment are the same as those described in “Note A – Significant Accounting Policies.” The Auto Parts Stores segment is the leading retailer and distributor of automotive parts and accessories through the Company’s 7,353 stores in the U.S., Mexico and Brazil. Each store carries an extensive product line for cars, sport utility vehicles, vans and light duty trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. The Other category reflects business activities of two operating segments that are not separately reportable due to the materiality of these operating segments. The operating segments include ALLDATA, which produces, sells and maintains diagnostic, repair, collision and shop management software used in the automotive repair industry and E-commerce, which includes direct sales to customers through www.autozone.com for sales that are not fulfilled by local stores. ​ The Company evaluates its reportable segment primarily on the basis of net sales and segment profit, which is defined as gross profit. The following table shows segment results for the following fiscal years ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ August 31, August 26, August 27, (in thousands) ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net Sales ​ ​ ​ Auto Parts Stores ​ $ 18,151,276 ​ $ 17,145,137 ​ $ 15,963,196 Other ​ 338,992 ​ 312,072 ​ 289,034 Total ​ $ 18,490,268 ​ $ 17,457,209 ​ $ 16,252,230 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment Profit ​ ​ ​ Auto Parts Stores ​ $ 9,616,098 ​ $ 8,885,403 ​ $ 8,301,234 Other ​ 200,954 ​ 185,019 ​ 171,416 Gross profit ​ 9,817,052 ​ 9,070,422 ​ 8,472,650 Operating, selling, general and administrative expenses ​ (6,028,344) ​ (5,596,436) ​ (5,201,921) Interest expense, net ​ (451,578) ​ (306,372) ​ (191,638) Income before income taxes ​ $ 3,337,130 ​ $ 3,167,614 ​ $ 3,079,091 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment Assets: ​ ​ ​ Auto Parts Stores ​ $ 16,829,351 ​ $ 15,664,891 ​ $ 15,060,704 Other ​ 347,187 ​ 320,987 ​ 214,339 Total ​ $ 17,176,538 ​ $ 15,985,878 ​ $ 15,275,043 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capital Expenditures: ​ ​ ​ Auto Parts Stores ​ $ 1,048,952 ​ $ 775,601 ​ $ 650,495 Other ​ 23,744 ​ 21,056 ​ 21,896 Total ​ $ 1,072,696 ​ $ 796,657 ​ $ 672,391 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Auto Parts Stores Sales by Product Grouping: ​ ​ ​ Failure ​ $ 8,979,152 ​ $ 8,407,690 ​ $ 7,801,155 Maintenance items ​ 6,618,494 ​ 6,223,620 ​ 5,670,278 Discretionary ​ 2,553,630 ​ 2,513,827 ​ 2,491,763 Auto Parts Stores net sales ​ $ 18,151,276 ​ $ 17,145,137 ​ $ 15,963,196 ​ The following table presents the Company’s net sales disaggregated by geographical area: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ ​ August 31, August 26, August 27, ​ ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ United States ​ 88 % ​ 89 % ​ 92 % Mexico ​ 11 % ​ 10 % ​ 8 % Brazil ​ 1 % ​ 1 % ​ — % Total ​ 100 % ​ 100 % ​ 100 % ​ The Company’s long-lived assets, consisting primarily of property and equipment, net and operating lease right-of-use assets, within the United States were 89%, 88% and 91% in fiscal years 2024, 2023 and 2022, respectively. No individual country outside of the United States had long-lived assets that were material to the consolidated totals.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 2,662,427	$ 2,528,426	$ 2,429,604

Insider Trading Arrangements

Insider Trading Arrangements	4 Months Ended
	Aug. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Aug. 31, 2024
Significant Accounting Policies
Fiscal Year	Fiscal Year:
Basis of Presentation	Basis of Presentation:
Variable Interest Entities	Variable Interest Entities: ​ The Company considers its investment in these tax credit funds as investments in variable interest entities (“VIEs”). The Company evaluates the investment in any VIE to determine whether it is the primary beneficiary. The Company considers a variety of factors in identifying the entity that holds the power to direct matters that most significantly impact the VIE’s economic performance including, but not limited to, the ability to direct financing, leasing, construction and other operating decisions and activities. As of August 31, 2024, the Company held tax credit equity investments that were deemed to be VIEs and determined that it was not the primary beneficiary of the entities, as it did not have the power to direct the activities that most significantly impacted the entity and accounted for this investment using the equity method. The Company’s maximum exposure to losses is generally limited to its net investment, which was $53.9 million as of August 31, 2024 and $29.6 million as of August 26, 2023 and was included within the Other long-term assets caption in the accompanying Consolidated Balance Sheets. As of August 31, 2024, the Company had commitments to make certain additional capital contributions to one of its tax credit funds totaling $26.3 million.
Use of Estimates	Use of Estimates:
Cash and Cash Equivalents	Cash and Cash Equivalents: Cash balances are held in various locations around the world. Cash and cash equivalents of $99.8 million and $108.5 million were held outside of the U.S. as of August 31, 2024, and August 26, 2023, respectively, and were generally utilized to support the liquidity needs in foreign operations.
Accounts Receivable	Accounts Receivable: Financial Instruments - Credit Losses (Topic 326) Receivables are presented net of an allowance for credit losses. Allowances for expected credit losses are determined based on historical experience, the current economic environment, our expectations of future economic conditions and the current evaluation of the composition of accounts receivable. The Company will apply adjustments for specific factors and current economic conditions as needed at each reporting date. The Company’s allowance for credit losses is included in “Accounts receivable” on the accompanying Consolidated Balance Sheets as of August 31, 2024 and August 26, 2023. The balance of the allowance for credit losses was $10.3 million at August 31, 2024, and $7.7 million at August 26, 2023.
Vendor Receivables	Vendor Receivables:
Merchandise Inventories	Merchandise Inventories:
Marketable Debt Securities	Marketable Debt Securities:
Property and Equipment	Property and Equipment: 40 5 3
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets:
Goodwill	Goodwill:
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities: AutoZone’s financial market risk results primarily from changes in interest rates. At times, AutoZone reduces its exposure to changes in interest rates by entering into various interest rate hedge instruments such as interest rate swap contracts, treasury lock agreements and forward-starting interest rate swaps. All of the Company’s interest rate hedge instruments are designated as cash flow hedges. (Refer to “Note L – Derivative Financial Instruments” for additional disclosures regarding the Company’s derivative instruments and hedging activities.) Cash flows related to these instruments designated as qualifying hedges are reflected in the accompanying Consolidated Statements of Cash Flows in the same categories as the cash flows from the items being hedged. The resulting gain or loss from such settlement is deferred to Accumulated Other Comprehensive Loss and reclassified to interest expense over the term of the underlying debt. This reclassification of the deferred gains and losses impacts the interest expense recognized on the underlying debt that was hedged.
Foreign Currency	Foreign Currency:
Self-Insurance Reserves	Self-Insurance Reserves: The assumptions made by management in estimating its self-insurance reserves include consideration of historical cost experience, judgments about the present and expected levels of cost per claim and retention levels. The Company utilizes various methods, including analyses of historical trends and use of a specialist, to estimate the costs to settle reported claims and claims incurred but not yet reported. The actuarial methods develop estimates of the future ultimate claim costs based on claims incurred as of the balance sheet date. When estimating these liabilities, the Company considers factors, such as the severity, duration and frequency of claims, legal costs associated with claims, healthcare trends and projected inflation of related factors. The Company’s liabilities for workers’ compensation, general and product liability, property and vehicle claims do not have scheduled maturities; however, the timing of future payments is predictable based on historical patterns and is relied upon in determining the current portion of these liabilities. Accordingly, the Company reflects the net present value of the obligations it determines to be long-term using the risk-free interest rate as of the balance sheet date.
Leases	Leases: one Lease-related assets and liabilities are recognized for all leases with an initial term of 12 months or greater. The exercise of lease renewal options is at the Company’s sole discretion. The Company evaluates renewal options at commencement and on an ongoing basis and includes options that are reasonably certain to exercise in its expected lease terms when classifying leases and measuring lease liabilities. Certain lease agreements require variable payments based upon actual costs of common-area maintenance, real estate taxes and insurance.
Financial Instruments	Financial Instruments:
Income Taxes	Income Taxes: The Company recognizes liabilities for uncertain income tax positions based on a two-step process. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step requires the Company to estimate and measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. The Company reevaluates these uncertain tax positions on a quarterly basis or when new information becomes available to management. These reevaluations are based on factors including, but not limited to, changes in facts or circumstances, changes in tax law, successfully settled issues under audit, expirations due to statutes and new audit activity. Such a change in recognition or measurement could result in the recognition of a tax benefit or an increase to the tax accrual. The Company classifies interest related to income tax liabilities, and if applicable, penalties, as a component of Income tax expense. The income tax liabilities and accrued interest and penalties are expected to be payable within one year of the balance sheet date are presented within the Accrued expenses and other caption in the accompanying Consolidated Balance Sheets. The remaining portion of the income tax liabilities and accrued interest and penalties are presented within the Other long-term liabilities caption in the accompanying Consolidated Balance Sheets because payment of cash is not anticipated within one year of the balance sheet date. (Refer to “Note E – Income Taxes” for additional disclosures regarding the Company’s income taxes.)
Sales and Use Taxes	Sales and Use Taxes:
Dividends	Dividends:
Revenue Recognition	Revenue Recognition: The Company’s performance obligations are typically satisfied when the customer takes possession of the merchandise. Revenue from retail customers is recognized when the customer leaves our store with the purchased products, typically at the point of sale or for E-commerce orders when the product is shipped. Revenue from commercial customers is recognized upon delivery, typically same-day. Payment from retail customers is at the point of sale and payment terms for commercial customers are based on the Company’s pre-established credit requirements and generally range from 1 to 30 days. Discounts, sales incentives and rebates are treated as separate performance obligations, and revenue allocated to these performance obligations is recognized as the obligations to the customer are satisfied. Additionally, the Company estimates and records gift card breakage as redemptions occur. The Company offers diagnostic, repair, collision and shop management information software used in the automotive repair industry through ALLDATA. This revenue is recognized as services are provided. Revenue from these services is recognized over the life of the contract. A portion of the Company’s transactions include the sale of auto parts that contain a core component. The core component represents the recyclable portion of the auto part. Customers are not charged for the core component of the new part if a used core is returned at the point of sale of the new part; otherwise the Company charges customers a specified amount for the core component. The Company refunds that same amount in the event the customer returns a used core to the store at a later date. The Company does not recognize sales or cost of sales for the core component of these transactions when a used part is returned or expected to be returned from the customer. There were no material contract assets, liabilities or deferred costs recorded on the Consolidated Balance Sheet as of August 31, 2024 and August 26, 2023. Revenue related to unfulfilled performance obligations as of August 31, 2024 and August 26, 2023 is not significant. (Refer to “Note Q – Segment Reporting” for additional information related to revenue recognized during the period.)
Vendor Allowances and Advertising Costs	Vendor Allowances and Advertising Costs: based on changes in market conditions, vendor marketing strategies and changes in the profitability or sell-through of the related merchandise. Rebates and other miscellaneous incentives are earned based on purchases or product sales and are accrued ratably over the purchase or sale of the related product. These monies are generally recorded as a reduction of merchandise inventories and are recognized as a reduction to cost of sales as the related inventories are sold. For arrangements that provide for reimbursement of specific, incremental, identifiable costs incurred by the Company in selling the vendors’ products, the vendor funds are recorded as a reduction to Operating, selling, general and administrative expenses in the period in which the specific costs were incurred. The Company expenses advertising costs as incurred. Advertising expense, net of vendor promotional funds, was $102.7 million in fiscal 2024, $99.5 million in fiscal 2023 and $97.1 million in fiscal 2022. Vendor promotional funds, which reduced advertising expense, amounted to $67.8 million in fiscal 2024, $62.4 million in fiscal 2023 and $52.1 million in fiscal 2022.
Cost of Sales and Operating, Selling, General and Administrative Expenses	Cost of Sales and Operating, Selling, General and Administrative Expenses: Cost of Sales ● Total cost of merchandise sold, including: o Freight expenses associated with moving merchandise inventories from the Company’s vendors to the distribution centers; o Vendor allowances that are not reimbursements for specific, incremental and identifiable costs ● Costs associated with operating the Company’s supply chain, including payroll and benefits, warehouse occupancy, transportation and depreciation; and ● Inventory shrinkage Operating, Selling, General and Administrative Expenses ● Payroll and benefits for store, field leadership and store support employees; ● Occupancy of store and store support facilities; ● Depreciation and amortization related to store and store support assets; ● Transportation associated with field leadership, commercial sales force and deliveries from stores; ● Advertising; ● Self-insurance; ● Technology; and ● Other administrative costs, such as credit card transaction fees, legal costs, supplies and travel and lodging
Warranty Costs	Warranty Costs:
Pre-opening Expenses	Pre-opening Expenses:
Earnings per Share	Earnings per Share options excluded for the year ended August 31, 2024, August 26, 2023 and August 27, 2022, respectively, because they would have been anti-dilutive.
Share-Based Payments	Share-Based Payments:
Risk and Uncertainties	Risk and Uncertainties:
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In September 2022, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2022-04, Liabilities – Supplier Finance Programs (Subtopic 405-50)
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280) In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Aug. 31, 2024
Fair Value Measurements
Company's marketable debt securities measured at Fair Value on Recurring Basis	The Company’s marketable debt securities measured at fair value on a recurring basis were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ August 31, 2024 (in thousands) Level 1 Level 2 Level 3 Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other current assets ​ $ 26,697 ​ $ 11,734 ​ $ — ​ $ 38,431 Other long-term assets ​ 27,031 ​ ​ 56,696 ​ — ​ 83,727 ​ ​ $ 53,728 ​ $ 68,430 ​ $ — ​ $ 122,158 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ August 26, 2023 (in thousands) Level 1 Level 2 Level 3 Fair Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Other current assets ​ $ 35,349 ​ $ 4,290 ​ $ — ​ $ 39,639 Other long-term assets ​ 71,028 ​ 10,846 ​ — ​ 81,874 ​ ​ $ 106,377 ​ $ 15,136 ​ $ — ​ $ 121,513

Marketable Debt Securities (Tab

Marketable Debt Securities (Tables)	12 Months Ended
	Aug. 31, 2024
Marketable Debt Securities
Available-for-Sale Marketable Securities	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ August 31, 2024 ​ Amortized Gross Gross ​ ​ ​ Cost ​ Unrealized ​ Unrealized ​ Fair (in thousands) ​ Basis ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate debt securities ​ $ 32,355 ​ $ 183 ​ $ (78) ​ $ 32,460 Government bonds ​ 50,251 ​ 483 ​ (493) ​ 50,241 Mortgage-backed securities ​ 22,859 ​ 326 ​ (95) ​ 23,090 Asset-backed securities and other ​ 16,327 ​ 66 ​ (26) ​ 16,367 ​ ​ $ 121,792 ​ $ 1,058 ​ $ (692) ​ $ 122,158 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ August 26, 2023 ​ Amortized Gross Gross ​ ​ ​ Cost ​ Unrealized ​ Unrealized ​ Fair (in thousands) ​ Basis ​ Gains ​ Losses ​ Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Corporate debt securities ​ $ 31,683 ​ $ 17 ​ $ (504) ​ $ 31,196 Government bonds ​ 63,747 ​ — ​ (1,440) ​ 62,307 Mortgage-backed securities ​ 3,215 ​ — ​ (213) ​ 3,002 Asset-backed securities and other ​ 25,242 ​ — ​ (234) ​ 25,008 ​ ​ $ 123,887 ​ $ 17 ​ $ (2,391) ​ $ 121,513

Leases (Tables)

Leases (Tables)	12 Months Ended
	Aug. 31, 2024
Leases
Lease related assets and liabilities recorded on the Balance Sheet	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in thousands) Classification August 31, 2024 ​ August 26, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ Assets: ​ ​ ​ ​ Operating Operating lease right-of-use assets ​ $ 3,057,780 ​ $ 2,998,097 Finance Property and equipment ​ 528,482 ​ 419,247 Total lease assets ​ $ 3,586,262 ​ $ 3,417,344 Liabilities: ​ ​ ​ Current: ​ ​ ​ ​ ​ ​ ​ ​ Operating Current portion of operating lease liabilities ​ $ 266,855 ​ $ 257,256 Finance Accrued expenses and other ​ 115,559 ​ 86,916 Noncurrent: ​ ​ Operating Operating lease liabilities, less current portion ​ 2,960,174 ​ 2,917,046 Finance Other long-term liabilities ​ 283,882 ​ 200,702 Total lease liabilities ​ $ 3,626,470 ​ $ 3,461,920
Lease Cost	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the year ended (in thousands) ​ Statement of Income Location ​ August 31, 2024 ​ August 26, 2023 ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance lease cost: ​ ​ ​ Amortization of lease assets Depreciation and amortization ​ $ 84,392 ​ $ 71,913 Interest on lease liabilities Interest expense, net ​ 19,279 ​ 14,608 Operating lease cost (1) Selling, general and administrative expenses ​ 485,164 ​ 437,762 Total lease cost ​ ​ ​ $ 588,835 ​ $ 524,283 (1) Includes short-term leases, variable lease costs and sublease income, which are immaterial.
Schedule of future maturities of finance lease liability	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance Operating ​ (in thousands) ​ Leases ​ Leases ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2025 ​ $ 116,999 ​ $ 391,901 ​ $ 508,900 2026 ​ 117,426 ​ ​ 424,859 ​ ​ 542,285 2027 ​ 92,415 ​ ​ 404,075 ​ ​ 496,490 2028 ​ 61,692 ​ ​ 375,799 ​ ​ 437,491 2029 ​ 30,697 ​ ​ 344,197 ​ ​ 374,894 Thereafter ​ 42,425 ​ ​ 2,217,046 ​ ​ 2,259,471 Total lease payments ​ ​ 461,654 ​ ​ 4,157,877 ​ 4,619,531 Less: Interest ​ (62,213) ​ ​ (930,848) ​ ​ (993,061) Present value of lease liabilities ​ $ 399,441 ​ $ 3,227,029 ​ $ 3,626,470
Summary of the Future Maturities of the Company's Lease Liabilities	The future rental payments, inclusive of renewal options that have been included in defining the expected lease term, of our operating and finance lease obligations as of August 31, 2024 having initial or remaining lease terms in excess of one year are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Finance Operating ​ (in thousands) ​ Leases ​ Leases ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2025 ​ $ 116,999 ​ $ 391,901 ​ $ 508,900 2026 ​ 117,426 ​ ​ 424,859 ​ ​ 542,285 2027 ​ 92,415 ​ ​ 404,075 ​ ​ 496,490 2028 ​ 61,692 ​ ​ 375,799 ​ ​ 437,491 2029 ​ 30,697 ​ ​ 344,197 ​ ​ 374,894 Thereafter ​ 42,425 ​ ​ 2,217,046 ​ ​ 2,259,471 Total lease payments ​ ​ 461,654 ​ ​ 4,157,877 ​ 4,619,531 Less: Interest ​ (62,213) ​ ​ (930,848) ​ ​ (993,061) Present value of lease liabilities ​ $ 399,441 ​ $ 3,227,029 ​ $ 3,626,470
Lease Term and Discount Rate Assumptions	​ ​ ​ ​ ​ ​ ​ August 31, 2024 ​ ​ ​ ​ ​ Weighted-average remaining lease term in years, inclusive of renewal options that are reasonably certain to be exercised: ​ Finance leases – real estate 21 ​ Finance leases – vehicles 4 ​ Operating leases 12 ​ Weighted-average discount rate: ​ ​ Finance leases – real estate 3.90 % Finance leases – vehicles 5.17 % Operating leases 4.13 %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Aug. 31, 2024
Income Taxes
Components of Income from Continuing Operations	The components of operating income before income taxes are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ ​ August 31, ​ August 26, ​ August 27, (in thousands) ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Domestic ​ $ 2,663,148 ​ $ 2,621,714 ​ $ 2,429,262 International ​ 673,982 ​ 545,900 ​ 649,829 ​ ​ $ 3,337,130 ​ $ 3,167,614 $ 3,079,091
Provision for Income Tax Expense	The provision for income tax expense consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ ​ August 31, ​ August 26, ​ August 27, (in thousands) 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Current tax provision (benefit): ​ ​ ​ Federal ​ $ 846,176 ​ $ 491,338 ​ $ 341,462 State ​ 54,837 ​ 86,687 ​ 48,490 International ​ 193,794 ​ 154,907 ​ 122,381 Purchased tax credits ​ ​ (368,870) ​ ​ (68,037) ​ ​ (48,440) ​ ​ 725,937 ​ 664,895 ​ 463,893 Deferred tax provision (benefit): ​ ​ ​ Federal ​ (163,775) ​ 26,858 ​ 157,807 State ​ 12,264 ​ (21,847) ​ 34,564 International ​ (10,616) ​ (24,126) ​ (9,719) Purchased tax credits ​ ​ 110,893 ​ ​ (6,592) ​ ​ 2,942 ​ ​ (51,234) ​ (25,707) ​ 185,594 Income tax expense ​ $ 674,703 ​ $ 639,188 ​ $ 649,487
Reconciliation of Provision for Income Taxes	A reconciliation of the provision for income taxes to the amount computed by applying the federal statutory tax rate to income before income taxes is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ August 31, ​ August 26, ​ August 27, ​ (in thousands) ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ Federal tax at statutory U.S. income tax rate 21.0 % 21.0 % 21.0 % State income taxes, net 1.6 % 1.6 % 2.1 % Share-based compensation (1.9) % (2.3) % (1.6) % US Tax on Non-U.S. Income (Subpart F) ​ 2.9 % 2.5 % 2.3 % US Tax on Non-U.S. Income (GILTI) ​ 1.2 % 0.8 % 0.8 % Non-U.S. Permanent Differences ​ (1.3) % (1.4) % (1.5) % Non-US Rate Differences ​ 1.1 % 0.4 % 1.0 % Foreign Tax Credits ​ (2.9) % (2.3) % (1.9) % Other (1.5) % (0.1) % (1.1) % Effective tax rate 20.2 % 20.2 % 21.1 %
Significant Components of Company's Deferred Tax Assets and Liabilities	​ Significant components of the Company's deferred tax assets and liabilities were as follows: ​ ​ ​ ​ ​ ​ ​ ​ August 31, August 26, (in thousands) ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ Deferred tax assets: ​ ​ Net operating loss and credit carryforwards ​ $ 47,030 ​ $ 45,081 Accrued benefits ​ 86,119 ​ 82,318 Operating lease liabilities ​ ​ 722,156 ​ ​ 698,728 Federal credit carryforwards ​ ​ 131,895 ​ ​ — Other ​ 102,820 ​ 90,897 Total deferred tax assets ​ 1,090,020 ​ 917,024 Valuation allowances ​ (26,922) ​ (24,940) Net deferred tax assets ​ 1,063,098 ​ 892,084 ​ ​ ​ ​ ​ ​ ​ Deferred tax liabilities: ​ ​ Property and equipment ​ (228,184) ​ (194,686) Inventory ​ (499,022) ​ (451,360) Operating lease assets ​ ​ (660,949) ​ ​ (652,652) Other ​ (38,320) ​ (43,662) Deferred tax liabilities ​ (1,426,475) ​ (1,342,360) ​ ​ ​ ​ ​ ​ ​ Net deferred tax liabilities ​ $ (363,377) ​ $ (450,276) ​ ​ ​ ​ ​ ​ ​
Reconciliation of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: ​ ​ ​ ​ ​ ​ ​ ​ August 31, August 26, (in thousands) ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 49,487 ​ $ 49,316 Additions based on tax positions related to the current year ​ 5,386 ​ 9,416 Additions for tax positions of prior years ​ 5,373 ​ 8,012 Reductions for tax positions of prior years ​ (8,595) ​ (5,336) Reductions due to settlements ​ (8,600) ​ (6,800) Reductions due to statute of limitations ​ (5,065) ​ (5,121) Ending balance ​ $ 37,986 ​ $ 49,487

Accrued Expenses and Other (Tab

Accrued Expenses and Other (Tables)	12 Months Ended
	Aug. 31, 2024
Supplier Financing Programs
Schedule of Accrued Expenses	Accrued expenses and other consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ August 31, August 26, (in thousands) ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ Accrued compensation, related payroll taxes and benefits ​ $ 291,728 ​ $ 343,379 Property, sales and other taxes ​ 190,317 ​ 165,731 Finance lease liabilities ​ 115,559 ​ 86,916 Medical and casualty insurance claims (current portion) ​ 107,877 ​ 127,624 Accrued interest ​ 88,590 ​ 54,493 Accrued gift cards ​ 58,529 ​ 59,254 Accrued sales and warranty returns ​ 46,794 ​ 43,355 Other ​ 161,352 ​ 120,089 ​ ​ $ 1,060,746 ​ $ 1,000,841 ​ ​ ​ ​ ​ ​ ​

Financing (Tables)

Financing (Tables)	12 Months Ended
	Aug. 31, 2024
Financing
Schedule of Debt	The Company’s debt consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ August 31, August 26, (in thousands) ​ 2024 ​ 2023 ​ ​ ​ ​ ​ ​ ​ 3.125% Senior Notes due April 2024, effective interest rate 3.32% ​ $ — ​ $ 300,000 3.250% Senior Notes due April 2025, effective interest rate 3.36% ​ 400,000 ​ 400,000 3.625% Senior Notes due April 2025, effective interest rate 3.78% ​ ​ 500,000 ​ ​ 500,000 3.125% Senior Notes due April 2026, effective interest rate 3.28% ​ 400,000 ​ 400,000 5.050% Senior Notes due July 2026, effective interest rate 5.09% ​ ​ 450,000 ​ ​ 450,000 3.750% Senior Notes due June 2027, effective interest rate 3.83% ​ 600,000 ​ 600,000 4.500% Senior Notes due February 2028, effective interest rate 4.43% ​ ​ 450,000 ​ ​ 450,000 6.250% Senior Notes due November 2028, effective interest rate 6.46% ​ ​ 500,000 ​ ​ — 3.750% Senior Notes due April 2029, effective interest rate 3.86% ​ 450,000 ​ 450,000 5.100% Senior Notes due July 2029, effective interest rate 5.30% ​ ​ 600,000 ​ ​ — 4.000% Senior Notes due April 2030, effective interest rate 4.09% ​ ​ 750,000 ​ ​ 750,000 1.650% Senior Notes due January 2031, effective interest rate 2.19% ​ ​ 600,000 ​ ​ 600,000 4.750% Senior Notes due August 2032, effective interest rate 4.76% ​ ​ 750,000 ​ ​ 750,000 4.750% Senior Notes due February 2033, effective interest rate 4.70% ​ ​ 550,000 ​ ​ 550,000 5.200% Senior Notes due August 2033, effective interest rate 5.22% ​ ​ 300,000 ​ ​ 300,000 6.550% Senior Notes due November 2033, effective interest rate 6.71% ​ ​ 500,000 ​ ​ — 5.400% Senior Notes due July 2034, effective interest rate 5.54% ​ ​ 700,000 ​ ​ — Commercial paper, weighted average interest rate 5.40% at August 31, 2024 and 5.43% at August 26, 2023 ​ 580,000 ​ 1,209,600 Total debt before discounts and debt issuance costs ​ 9,080,000 ​ 7,709,600 Less: Discounts and debt issuance costs ​ ​ 55,619 ​ 41,051 Long-term debt ​ $ 9,024,381 ​ $ 7,668,549
Scheduled Maturities of Debt	​ ​ ​ ​ ​ Scheduled (in thousands) ​ Maturities ​ ​ ​ ​ 2025 ​ $ 1,480,000 2026 ​ 850,000 2027 ​ 600,000 2028 ​ 450,000 2029 ​ 1,550,000 Thereafter ​ 4,150,000 Subtotal ​ 9,080,000 Discount and debt issuance costs ​ 55,619 Total Debt ​ $ 9,024,381 ​

Interest Expense (Tables)

Interest Expense (Tables)	12 Months Ended
	Aug. 31, 2024
Interest Expense
Net Interest Expense	Net interest expense consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ August 31, August 26, August 27, (in thousands) ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Interest expense ​ $ 465,191 ​ $ 320,121 ​ $ 198,883 Interest income ​ (11,312) ​ (12,054) ​ (6,048) Capitalized interest ​ (2,301) ​ (1,695) ​ (1,197) ​ ​ $ 451,578 ​ $ 306,372 ​ $ 191,638 ​

Stock Repurchase Program (Table

Stock Repurchase Program (Tables)	12 Months Ended
	Aug. 31, 2024
Stock Repurchase Program
Summarize Company's Share Repurchase Activity	The Company’s share repurchase activity consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ August 31, August 26, August 27, (in thousands) ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount ​ $ 3,170,320 ​ $ 3,723,289 ​ $ 4,359,991 Shares ​ 1,149 ​ 1,524 ​ 2,220

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
	Aug. 31, 2024
Accumulated Other Comprehensive Loss
Changes in Accumulated Other Comprehensive Loss	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Unrealized ​ ​ ​ ​ ​ ​ ​ ​ Foreign ​ Gain (Loss) ​ ​ ​ ​ ​ ​ (in thousands) Currency (1) on Securities ​ Derivatives ​ Total ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at August 27, 2022 ​ $ (280,190) ​ $ (2,171) ​ $ (18,175) ​ $ (300,536) Other Comprehensive Income before reclassifications ​ 103,633 ​ 472 ​ 3,635 ​ 107,740 Amounts reclassified from Accumulated Other Comprehensive Loss (2) ​ — ​ (152) ​ 2,112 ​ 1,960 Balance at August 26, 2023 ​ ​ (176,557) ​ ​ (1,851) ​ ​ (12,428) ​ ​ (190,836) Other Comprehensive (Loss) Income before reclassifications ​ (174,715) ​ ​ 2,179 ​ ​ — ​ (172,536) Amounts reclassified from Accumulated Other Comprehensive Loss (2) ​ — ​ ​ (28) ​ ​ 1,782 ​ 1,754 Balance at August 31, 2024 ​ $ (351,272) ​ $ 300 ​ $ (10,646) ​ $ (361,618) ​ (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 shown are net of taxes/tax benefits.

Share-Based Plans (Tables)

Share-Based Plans (Tables)	12 Months Ended
	Aug. 31, 2024
Share-Based Plans
Schedule of Weighted Average for Key Assumptions Used in Determining Fair Value of Options Granted and Related Share-Based Compensation Expense	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ ​ August 31, ​ August 26, ​ August 27, ​ ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ Expected price volatility ​ 29 % 29 % 28 % Risk-free interest rate ​ 4.7 % 3.8 % 1.1 % Weighted average expected lives (in years) ​ 5.5 ​ 5.5 ​ 5.6 ​ Forfeiture rate ​ 7 % 10 % 10 % Dividend yield ​ 0 % 0 % 0 %
Schedule of Stock Option Activity	The Company generally issues new shares when options are exercised. The following table summarizes information about stock option activity for the year ended August 31, 2024: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted ​ ​ ​ ​ ​ ​ ​ ​ ​ Average ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Remaining ​ Aggregate ​ ​ ​ ​ Weighted ​ Contractual ​ Intrinsic ​ ​ Number ​ Average ​ Term ​ Value ​ ​ of Shares ​ Exercise Price ​ (in years) ​ (in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Outstanding – August 26, 2023 1,027,588 ​ $ 1,180.39 ​ ​ ​ ​ Granted 139,534 ​ ​ 2,577.52 ​ Exercised (209,829) ​ ​ 799.06 ​ Forfeited/Cancelled (33,450) ​ ​ 1,884.80 ​ Outstanding – August 31, 2024 923,843 ​ 1,452.52 5.96 ​ $ 1,597,289 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Exercisable 589,743 ​ ​ 1,054.66 ​ 4.73 ​ ​ 1,254,276 Expected to vest 321,772 ​ ​ 2,148.75 ​ 8.13 ​ ​ 332,305 Available for future grants 722,644 ​ ​ ​ ​ ​ ​ ​ ​
Schedule of Nonvested Restricted Stock Units Activity	Transactions related to restricted stock units for the fiscal year ended August 31, 2024 are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted- ​ Number Average Grant ​ ​ of Shares ​ Date Fair Value ​ ​ ​ ​ ​ ​ Nonvested at August 26, 2023 8,133 ​ $ 1,572.87 Granted 3,173 ​ ​ 2,560.56 Vested (4,781) ​ ​ 1,614.94 Forfeited (1,015) ​ ​ 2,144.26 Nonvested at August 31, 2024 5,510 ​ $ 1,999.92

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Aug. 31, 2024
Segment Reporting
Segment Results	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ August 31, August 26, August 27, (in thousands) ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net Sales ​ ​ ​ Auto Parts Stores ​ $ 18,151,276 ​ $ 17,145,137 ​ $ 15,963,196 Other ​ 338,992 ​ 312,072 ​ 289,034 Total ​ $ 18,490,268 ​ $ 17,457,209 ​ $ 16,252,230 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment Profit ​ ​ ​ Auto Parts Stores ​ $ 9,616,098 ​ $ 8,885,403 ​ $ 8,301,234 Other ​ 200,954 ​ 185,019 ​ 171,416 Gross profit ​ 9,817,052 ​ 9,070,422 ​ 8,472,650 Operating, selling, general and administrative expenses ​ (6,028,344) ​ (5,596,436) ​ (5,201,921) Interest expense, net ​ (451,578) ​ (306,372) ​ (191,638) Income before income taxes ​ $ 3,337,130 ​ $ 3,167,614 ​ $ 3,079,091 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Segment Assets: ​ ​ ​ Auto Parts Stores ​ $ 16,829,351 ​ $ 15,664,891 ​ $ 15,060,704 Other ​ 347,187 ​ 320,987 ​ 214,339 Total ​ $ 17,176,538 ​ $ 15,985,878 ​ $ 15,275,043 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Capital Expenditures: ​ ​ ​ Auto Parts Stores ​ $ 1,048,952 ​ $ 775,601 ​ $ 650,495 Other ​ 23,744 ​ 21,056 ​ 21,896 Total ​ $ 1,072,696 ​ $ 796,657 ​ $ 672,391 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Auto Parts Stores Sales by Product Grouping: ​ ​ ​ Failure ​ $ 8,979,152 ​ $ 8,407,690 ​ $ 7,801,155 Maintenance items ​ 6,618,494 ​ 6,223,620 ​ 5,670,278 Discretionary ​ 2,553,630 ​ 2,513,827 ​ 2,491,763 Auto Parts Stores net sales ​ $ 18,151,276 ​ $ 17,145,137 ​ $ 15,963,196
Schedule of net sales disaggregated by geographical area	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended ​ ​ August 31, August 26, August 27, ​ ​ 2024 ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ United States ​ 88 % ​ 89 % ​ 92 % Mexico ​ 11 % ​ 10 % ​ 8 % Brazil ​ 1 % ​ 1 % ​ — % Total ​ 100 % ​ 100 % ​ 100 %

Significant Accounting Polici_3

Significant Accounting Policies - Additional Information (Detail) $ in Thousands	12 Months Ended
	Aug. 31, 2024 USD ($) store shares	Aug. 26, 2023 USD ($) shares	Aug. 27, 2022 USD ($) shares
Significant Accounting Policies [Line Items]
Number of stores with commercial sales program | store	5,898
Description of reporting periods	The Company’s fiscal year consists of 52 or 53 weeks ending on the last Saturday in August. Fiscal 2024 represented 53 weeks. Fiscal 2023 and 2022 represented 52 weeks.
Additional capital contributions to tax credit funds	$ 49,300
Cash and cash equivalents	298,172	$ 277,054
Allowances for credit losses	10,300	7,700
Inventory LIFO Reserves	19,000	59,000
Goodwill	302,645	302,645
Self insurance reserve	$ 257,700	268,800
Renewal options and lease term	The leases have varying terms and expire at various dates through 2044. Real estate operating leases typically have initial terms between one and 20 years, and real estate finance leases typically have terms of 20 or more years, with multiple optional renewal periods of one to five years each.
Measure of income tax benefit for uncertain income tax positions	more than 50%
Advertising expense, net of vendor promotional funds	$ 102,700	99,500	$ 97,100
Vendor promotional funds, which reduced advertising expense	$ 67,800	62,400	$ 52,100
Limited warranty period, minimum period (Days)	30 days
Cash Equivalents
Significant Accounting Policies [Line Items]
Maturity period of investments	90 days or less
Settlement term of credit and debit card transaction	less than five days
Credit and debit card receivables included within cash and cash equivalents	$ 91,500	$ 88,600
Stock Options
Significant Accounting Policies [Line Items]
Anti-dilutive shares excluded from the computation of earnings per share | shares	118,771	140,071	142,887
Minimum | Building
Significant Accounting Policies [Line Items]
Estimated useful lives	40 years
Minimum | Building Improvements
Significant Accounting Policies [Line Items]
Estimated useful lives	5 years
Minimum | Equipment
Significant Accounting Policies [Line Items]
Estimated useful lives	3 years
Minimum | Vehicles
Significant Accounting Policies [Line Items]
Finance lease term	1 year
Maximum | Building
Significant Accounting Policies [Line Items]
Estimated useful lives	50 years
Maximum | Building Improvements
Significant Accounting Policies [Line Items]
Estimated useful lives	15 years
Maximum | Equipment
Significant Accounting Policies [Line Items]
Estimated useful lives	10 years
Maximum | Vehicles
Significant Accounting Policies [Line Items]
Finance lease term	5 years
Variable Interest Entity Not Primary Beneficiary
Significant Accounting Policies [Line Items]
Additional capital contributions to tax credit funds	$ 26,300
Variable Interest Entity Not Primary Beneficiary | Other long-term assets
Significant Accounting Policies [Line Items]
Maximum exposure to losses amount	$ 53,900	$ 29,600
One individual vendor | Supplier Concentration Risk | Cost of Goods and Service Benchmark [Member]
Significant Accounting Policies [Line Items]
Concentration risk percentage	12%
One class of similar products | Maximum | Product Concentration Risk | Revenue Benchmark [Member]
Significant Accounting Policies [Line Items]
Concentration risk percentage	15%
Stores in the United States Including Puerto Rico
Significant Accounting Policies [Line Items]
Number of stores | store	6,432
Brazil
Significant Accounting Policies [Line Items]
Number of stores | store	127
Mexico
Significant Accounting Policies [Line Items]
Number of stores | store	794
Non-US
Significant Accounting Policies [Line Items]
Cash and cash equivalents	$ 99,800	$ 108,500

Fair Value Measurements - Compa

Fair Value Measurements - Company's Marketable Debt Securities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 26, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	$ 122,158	$ 121,513
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other current assets	38,431	39,639
Other long-term assets	83,727	81,874
Total	122,158	121,513
Level 1 | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other current assets	26,697	35,349
Other long-term assets	27,031	71,028
Total	53,728	106,377
Level 2 | Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other current assets	11,734	4,290
Other long-term assets	56,696	10,846
Total	$ 68,430	$ 15,136

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 26, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable debt securities	$ 38,431	$ 39,639
Long-term marketable debt securities	$ 83,727	$ 81,874

Marketable Debt Securities - Av

Marketable Debt Securities - Available-for-Sale Marketable Securities (Detail) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 26, 2023
Schedule of Available-for-sale Securities [Line Items]
Available-For-Sale Marketable Securities, Amortized Cost Basis	$ 121,792	$ 123,887
Available-For-Sale Marketable Securities, Gross Unrealized Gains	1,058	17
Available-For-Sale Marketable Securities, Gross Unrealized Losses	(692)	(2,391)
Available-For-Sale Marketable Securities, Fair Value	122,158	121,513
Corporate debt securities
Schedule of Available-for-sale Securities [Line Items]
Available-For-Sale Marketable Securities, Amortized Cost Basis	32,355	31,683
Available-For-Sale Marketable Securities, Gross Unrealized Gains	183	17
Available-For-Sale Marketable Securities, Gross Unrealized Losses	(78)	(504)
Available-For-Sale Marketable Securities, Fair Value	32,460	31,196
Government bonds
Schedule of Available-for-sale Securities [Line Items]
Available-For-Sale Marketable Securities, Amortized Cost Basis	50,251	63,747
Available-For-Sale Marketable Securities, Gross Unrealized Gains	483
Available-For-Sale Marketable Securities, Gross Unrealized Losses	(493)	(1,440)
Available-For-Sale Marketable Securities, Fair Value	50,241	62,307
Mortgage-backed securities
Schedule of Available-for-sale Securities [Line Items]
Available-For-Sale Marketable Securities, Amortized Cost Basis	22,859	3,215
Available-For-Sale Marketable Securities, Gross Unrealized Gains	326
Available-For-Sale Marketable Securities, Gross Unrealized Losses	(95)	(213)
Available-For-Sale Marketable Securities, Fair Value	23,090	3,002
Asset-backed securities and other
Schedule of Available-for-sale Securities [Line Items]
Available-For-Sale Marketable Securities, Amortized Cost Basis	16,327	25,242
Available-For-Sale Marketable Securities, Gross Unrealized Gains	66
Available-For-Sale Marketable Securities, Gross Unrealized Losses	(26)	(234)
Available-For-Sale Marketable Securities, Fair Value	$ 16,367	$ 25,008

Marketable Debt Securities - Ad

Marketable Debt Securities - Additional Information (Detail) $ in Millions	12 Months Ended
	Aug. 31, 2024 USD ($) security	Aug. 26, 2023 USD ($)
Marketable Debt Securities
Available for sale securities debt maturity period range	less than one year to approximately twenty-nine years
Marketable securities transferred | $	$ 111.5	$ 105
Number of securities available for sale loss position | security	45

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023
Accumulated amortization related to finance lease assets	$ 132.1	$ 132.5
Cash paid for amounts included in the measurement of lease liabilities - operating cash flows from operating leases	362.5	$ 335.2
Lease not yet commenced | Land and Building
Additional leases not yet commenced, undiscounted future payments	58.9
Lease not yet commenced | Vehicles
Additional leases not yet commenced, undiscounted future payments	$ 26
Minimum
Operating lease commencement date	2025
Maximum
Operating lease commencement date	2026

Leases - Summary of Lease-Relat

Leases - Summary of Lease-Related Assets and Liabilities Recorded on the Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 26, 2023
Assets
Operating	$ 3,057,780	$ 2,998,097
Finance	$ 528,482	$ 419,247
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, Plant and Equipment, Net	Property, Plant and Equipment, Net
Total lease assets	$ 3,586,262	$ 3,417,344
Current
Operating	266,855	257,256
Finance	$ 115,559	$ 86,916
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued Liabilities, Current	Accrued Liabilities, Current
Noncurrent
Operating	$ 2,960,174	$ 2,917,046
Finance	$ 283,882	$ 200,702
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Noncurrent	Other Liabilities, Noncurrent
Total lease liabilities	$ 3,626,470	$ 3,461,920

Leases - Lease Cost (Detail)

Leases - Lease Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023
Total lease cost	$ 588,835	$ 524,283
Depreciation and amortization
Amortization of lease assets	84,392	71,913
Interest expense, net
Interest on lease liabilities	19,279	14,608
Selling, general and administrative expenses
Operating lease cost	$ 485,164	$ 437,762

Leases - Summary of Future Matu

Leases - Summary of Future Maturities of the Company's Lease Liabilities (Detail) $ in Thousands	Aug. 31, 2024 USD ($)
Finance Leases
2025	$ 116,999
2026	117,426
2027	92,415
2028	61,692
2029	30,697
Thereafter	42,425
Total Lease Payments	461,654
Less: Interest	(62,213)
Present value of lease liabilities	399,441
Operating Leases
2025	391,901
2026	424,859
2027	404,075
2028	375,799
2029	344,197
Thereafter	2,217,046
Total Lease Payments	4,157,877
Less: Interest	(930,848)
Present value of lease liabilities	3,227,029
Operating And Finance Leases
2025	508,900
2026	542,285
2027	496,490
2028	437,491
2029	374,894
Thereafter	2,259,471
Total Lease Payments	4,619,531
Less: Interest	(993,061)
Present value of lease liabilities	$ 3,626,470

Leases - Information on Lease T

Leases - Information on Lease Term and Discount Rate (Detail)	12 Months Ended
	Aug. 31, 2024
Weighted-average remaining lease term (years)
Finance leases - real estate	21 years
Finance leases - vehicles	4 years
Operating leases	12 years
Weighted-average discount rate:
Finance leases - real estate	3.90%
Finance leases - vehicles	5.17%
Operating leases	4.13%

Income Taxes - Components of In

Income Taxes - Components of Income from Continuing Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Income Taxes
Domestic	$ 2,663,148	$ 2,621,714	$ 2,429,262
International	673,982	545,900	649,829
Income before income taxes	$ 3,337,130	$ 3,167,614	$ 3,079,091

Income Taxes - Provision for In

Income Taxes - Provision for Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Current:
Federal	$ 846,176	$ 491,338	$ 341,462
State	54,837	86,687	48,490
International	193,794	154,907	122,381
Purchased tax credits	(368,870)	(68,037)	(48,440)
Total	725,937	664,895	463,893
Deferred:
Federal	(163,775)	26,858	157,807
State	12,264	(21,847)	34,564
International	(10,616)	(24,126)	(9,719)
Purchased tax credits	110,893	(6,592)	2,942
Total	(51,234)	(25,707)	185,594
Income tax expense	$ 674,703	$ 639,188	$ 649,487

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Provision for Income Taxes (Detail)	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Income Taxes
Federal tax at statutory U.S. income tax rate	21%	21%	21%
State income taxes, net	1.60%	1.60%	2.10%
Share-based compensation	(1.90%)	(2.30%)	(1.60%)
US Tax on Non-U.S. Income (Subpart F)	2.90%	2.50%	2.30%
US Tax on Non-U.S. Income (GILTI)	1.20%	0.80%	0.80%
Non-U.S. Permanent Differences	(1.30%)	(1.40%)	(1.50%)
Non-US Rate Differences	1.10%	0.40%	1%
Foreign Tax Credits	(2.90%)	(2.30%)	(1.90%)
Other	(1.50%)	(0.10%)	(1.10%)
Effective tax rate	20.20%	20.20%	21.10%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) $ in Thousands	12 Months Ended
	Aug. 31, 2024 USD ($)	Aug. 26, 2023 USD ($)	Aug. 27, 2022 USD ($)
Income Taxes
Additional excess tax benefits from stock option exercises compared to prior year	$ 81,400	$ 92,200	$ 63,200
Outside basis differences in foreign subsidiaries investments	$ 386,700
New global minimum tax rate	15
Future taxable income	$ 309,800	314,600
Deferred tax assets from net operating loss carryforwards	$ 37,200	37,200
Expiration date of NOLs start year	2025
Expiration date of NOLs end year	2043
Deferred tax assets for income tax credit carryforwards	$ 141,700	7,900
Expiration date of tax credit carryforwards start year	2025
Expiration date of tax credit carryforwards end year	2051
Valuation allowances on deferred tax assets	$ 26,922	24,940
Unrecognized tax benefits, if recognized would reduce effective tax rate, amount	32,100	37,000
Deferred tax assets operating loss carryforwards and tax credits	3,800	8,600
Accrued for payment of interest and penalties associated with unrecognized tax benefits	11,200	$ 10,100
Amount of unrecognized tax benefits that could be reduced over next twelve months	$ 13,100

Income Taxes - Significant Comp

Income Taxes - Significant Components of Company's Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 26, 2023
Deferred tax assets:
Net operating loss and credit carryforwards	$ 47,030	$ 45,081
Accrued benefits	86,119	82,318
Operating lease liabilities	722,156	698,728
Federal credit carryforwards	131,895
Other	102,820	90,897
Total deferred tax assets	1,090,020	917,024
Valuation allowances	(26,922)	(24,940)
Net deferred tax assets	1,063,098	892,084
Deferred tax liabilities:
Property and equipment	(228,184)	(194,686)
Inventory	(499,022)	(451,360)
Operating lease assets	(660,949)	(652,652)
Other	(38,320)	(43,662)
Deferred tax liabilities	(1,426,475)	(1,342,360)
Net deferred tax liabilities	$ (363,377)	$ (450,276)

Income Taxes - Reconciliation_2

Income Taxes - Reconciliation of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023
Income Taxes
Beginning balance	$ 49,487	$ 49,316
Additions based on tax positions related to the current year	5,386	9,416
Additions for tax positions of prior years	5,373	8,012
Reductions for tax positions of prior years	(8,595)	(5,336)
Reductions due to settlements	(8,600)	(6,800)
Reductions due to statute of limitations	(5,065)	(5,121)
Ending balance	$ 37,986	$ 49,487

Supplier Financing Programs (De

Supplier Financing Programs (Detail) - USD ($) $ in Millions	Aug. 31, 2024	Aug. 26, 2023
Loss Contingencies [Line Items]
Supplier Finance Program, Obligation, Current, Statement of Financial Position [Extensible Enumeration]	Accounts Payable, Current	Accounts Payable, Current
Supplier Finance Program, Obligation, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Noncurrent	Other Liabilities, Noncurrent
Supplier Financing | Accounts payable
Loss Contingencies [Line Items]
Obligations outstanding under supplier financing arrangements	$ 4,900	$ 4,800
Supplier Financing | Other long-term liabilities
Loss Contingencies [Line Items]
Obligations outstanding under supplier financing arrangements	$ 226.7	$ 224.8

Accrued Expenses and Other - Ac

Accrued Expenses and Other - Accrued Expenses (Detail) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 26, 2023
Other Income and Expenses [Abstract]
Accrued compensation, related payroll taxes and benefits	$ 291,728	$ 343,379
Property, sales, and other taxes	190,317	165,731
Finance lease liabilities	$ 115,559	$ 86,916
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Total accrued expenses and other	Total accrued expenses and other
Medical and casualty insurance claims (current portion)	$ 107,877	$ 127,624
Accrued interest	88,590	54,493
Accrued gift cards	58,529	59,254
Accrued sales and warranty returns	46,794	43,355
Other	161,352	120,089
Total accrued expenses and other	$ 1,060,746	$ 1,000,841

Accrued Expenses and Other - Ad

Accrued Expenses and Other - Additional Information (Detail) $ in Millions	12 Months Ended
	Aug. 31, 2024 USD ($)
Workers Compensation
Maximum limits per claim for self-insured plan, per annum	$ 2
Auto Liability
Maximum limits per claim for self-insured plan, per annum	7.5
Property
Maximum limits per claim for self-insured plan, per annum	21.5
General and product liability
Maximum limits per claim for self-insured plan, per annum	$ 2

Financing - Schedule of Debt (D

Financing - Schedule of Debt (Detail) - USD ($) $ in Thousands	Aug. 31, 2024	Oct. 25, 2023	Aug. 26, 2023	Jul. 21, 2023	Jan. 27, 2023	Aug. 01, 2022
Debt Instrument [Line Items]
Total debt before discounts and debt issuance costs	$ 9,080,000		$ 7,709,600
Less: Discounts and debt issuance costs	55,619		41,051
Long-term debt	9,024,381		7,668,549
3.125% Senior Notes due April 2024, effective interest rate 3.32%
Debt Instrument [Line Items]
Senior notes			300,000
3.250% Senior Notes due April 2025, effective interest rate 3.36%
Debt Instrument [Line Items]
Senior notes	400,000		400,000
3.625% Senior Notes due April 2025, effective interest rate 3.78%
Debt Instrument [Line Items]
Senior notes	500,000		500,000
3.125% Senior Notes due April 2026, effective interest rate of 3.28%
Debt Instrument [Line Items]
Senior notes	400,000		400,000
5.050% Senior Notes due July 2026, effective interest rate 5.09%
Debt Instrument [Line Items]
Senior notes	450,000		450,000	$ 450,000
3.750% Senior Notes due June 2027, effective interest rate of 3.83%
Debt Instrument [Line Items]
Senior notes	600,000		600,000
4.500% Senior Notes due February 2028, effective interest rate 4.43%
Debt Instrument [Line Items]
Senior notes	450,000		450,000		$ 450,000
6.250% Senior Notes due November 2028, effective interest rate 6.46%
Debt Instrument [Line Items]
Senior notes	500,000	$ 500,000
3.750% Senior Notes due April 2029, effective interest rate 3.86%
Debt Instrument [Line Items]
Senior notes	450,000		450,000
5.100% Senior Notes due July 2029, effective interest rate 5.30%
Debt Instrument [Line Items]
Senior notes	600,000
4.000% Senior Notes due April 2030, effective interest rate 4.09%
Debt Instrument [Line Items]
Senior notes	750,000		750,000
1.650% Senior Notes due January 2031, effective interest rate 2.19%
Debt Instrument [Line Items]
Senior notes	600,000		600,000
4.750% Senior Notes due August 2032, effective interest rate 4.76%
Debt Instrument [Line Items]
Senior notes	750,000		750,000			$ 750,000
4.750% Senior Notes due February 2033, effective interest rate 4.70%
Debt Instrument [Line Items]
Senior notes	550,000		550,000		$ 550,000
5.200% Senior Notes due August 2033, effective interest rate 5.22%
Debt Instrument [Line Items]
Senior notes	300,000		300,000	$ 300,000
6.550% Senior Notes due November 2033, effective interest rate 6.71%
Debt Instrument [Line Items]
Senior notes	500,000	$ 500,000
5.400% Senior Notes due July 2034, effective interest rate 5.54%
Debt Instrument [Line Items]
Senior notes	700,000
Commercial paper
Debt Instrument [Line Items]
Commercial paper	$ 580,000		$ 1,209,600

Financing - Schedule of Debt -

Financing - Schedule of Debt - Interest Rates And Maturity (Detail)	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 18, 2024	Oct. 25, 2023	Jul. 21, 2023	Jan. 27, 2023	Aug. 01, 2022
3.125% Senior Notes due April 2024, effective interest rate 3.32%
Debt Instrument [Line Items]
Stated interest rate percentage		3.125%	3.125%
Debt instrument maturity, month and year		2024-04
Effective interest rate		3.32%
3.250% Senior Notes due April 2025, effective interest rate 3.36%
Debt Instrument [Line Items]
Stated interest rate percentage	3.25%	3.25%
Debt instrument maturity, month and year	2025-04	2025-04
Effective interest rate	3.36%	3.36%
3.625% Senior Notes due April 2025, effective interest rate 3.78%
Debt Instrument [Line Items]
Stated interest rate percentage	3.625%	3.625%
Debt instrument maturity, month and year	2025-04	2025-04
Effective interest rate	3.78%	3.78%
3.125% Senior Notes due April 2026, effective interest rate of 3.28%
Debt Instrument [Line Items]
Stated interest rate percentage	3.125%	3.125%
Debt instrument maturity, month and year	2026-04	2026-04
Effective interest rate	3.28%	3.28%
5.050% Senior Notes due July 2026, effective interest rate 5.09%
Debt Instrument [Line Items]
Stated interest rate percentage	5.05%	5.05%			5.05%
Debt instrument maturity, month and year	2026-07	2026-07
Effective interest rate	5.09%	5.09%
3.750% Senior Notes due June 2027, effective interest rate of 3.83%
Debt Instrument [Line Items]
Stated interest rate percentage	3.75%	3.75%
Debt instrument maturity, month and year	2027-06	2027-06
Effective interest rate	3.83%	3.83%
4.500% Senior Notes due February 2028, effective interest rate 4.43%
Debt Instrument [Line Items]
Stated interest rate percentage	4.50%	4.50%				4.50%
Debt instrument maturity, month and year	2028-02	2028-02
Effective interest rate	4.43%	4.43%
6.250% Senior Notes due November 2028, effective interest rate 6.46%
Debt Instrument [Line Items]
Stated interest rate percentage	6.25%			6.25%
Debt instrument maturity, month and year	2028-11
Effective interest rate	6.46%
3.750% Senior Notes due April 2029, effective interest rate 3.86%
Debt Instrument [Line Items]
Stated interest rate percentage	3.75%	3.75%
Debt instrument maturity, month and year	2029-04	2029-04
Effective interest rate	3.86%	3.86%
5.100% Senior Notes due July 2029, effective interest rate 5.30%
Debt Instrument [Line Items]
Stated interest rate percentage	5.10%
Debt instrument maturity, month and year	2029-07
Effective interest rate	5.30%
4.000% Senior Notes due April 2030, effective interest rate 4.09%
Debt Instrument [Line Items]
Stated interest rate percentage	4%	4%
Debt instrument maturity, month and year	2030-04	2030-04
Effective interest rate	4.09%	4.09%
1.650% Senior Notes due January 2031, effective interest rate 2.19%
Debt Instrument [Line Items]
Stated interest rate percentage	1.65%	1.65%
Debt instrument maturity, month and year	2031-01	2031-01
Effective interest rate	2.19%	2.19%
4.750% Senior Notes due August 2032, effective interest rate 4.76%
Debt Instrument [Line Items]
Stated interest rate percentage	4.75%	4.75%					4.75%
Debt instrument maturity, month and year	2032-08	2032-08
Effective interest rate	4.76%	4.76%
4.750% Senior Notes due February 2033, effective interest rate 4.70%
Debt Instrument [Line Items]
Stated interest rate percentage	4.75%	4.75%				4.75%
Debt instrument maturity, month and year	2033-02	2033-02
Effective interest rate	4.70%	4.70%
5.200% Senior Notes due August 2033, effective interest rate 5.22%
Debt Instrument [Line Items]
Stated interest rate percentage	5.20%	5.20%			5.20%
Debt instrument maturity, month and year	2033-08	2033-08
Effective interest rate	5.22%	5.22%
6.550% Senior Notes due November 2033, effective interest rate 6.71%
Debt Instrument [Line Items]
Stated interest rate percentage	6.55%			6.55%
Debt instrument maturity, month and year	2033-11
Effective interest rate	6.71%
5.400% Senior Notes due July 2034, effective interest rate 5.54%
Debt Instrument [Line Items]
Stated interest rate percentage	5.40%
Debt instrument maturity, month and year	2034-07
Effective interest rate	5.54%
Commercial paper
Debt Instrument [Line Items]
Weighted average interest rate of commercial paper	5.40%	5.43%

Financing - Additional Informat

Financing - Additional Information (Detail) $ in Thousands						12 Months Ended
	Aug. 18, 2024 USD ($)	Jul. 17, 2023 USD ($)	Jan. 17, 2023 USD ($)	Nov. 15, 2022 USD ($)	Jan. 18, 2022 USD ($)	Aug. 31, 2024 USD ($)	Jun. 28, 2024 USD ($)	Oct. 25, 2023 USD ($)	Aug. 26, 2023 USD ($)	Jul. 21, 2023 USD ($)	Jan. 27, 2023 USD ($)	Aug. 01, 2022 USD ($)	Nov. 15, 2021 USD ($)	Nov. 14, 2021 USD ($)
Debt Instrument [Line Items]
Minimum debt covenant interest coverage ratio to be maintained quarterly						2.5
Debt covenant interest coverage ratio						5.4
Remaining borrowing capacity under revolving credit agreement						$ 2,200,000
Fair value of the Company's debt						9,000,000			$ 7,300,000
Excess (shortfall) of fair value of debt over (from) carrying value						3,500			(406,600)
Revolving Credit Agreement
Debt Instrument [Line Items]
Amount available under credit facility													$ 2,250,000	$ 2,000,000
Maximum amount available under credit facility													$ 3,250,000	$ 2,250,000
Additional amount of year(s) to extend termination date of agreement				1 year
Letters of credit, outstanding						1,800
Extended expiration of credit facility				1 year
Swingline Loans
Debt Instrument [Line Items]
Maximum amount available under credit facility				$ 75,000
Individual Issuer, Letter of Credit
Debt Instrument [Line Items]
Maximum amount available under credit facility				50,000
Letter of Credit
Debt Instrument [Line Items]
Maximum amount available under credit facility				$ 250,000		25,000
Borrowings, outstanding						141,600
Letters of credit, outstanding						0
Master Extension Agreement
Debt Instrument [Line Items]
Credit facility expiration date				Nov. 15, 2027
Revolving Credit Facility
Debt Instrument [Line Items]
Borrowings, outstanding						0
Commercial paper
Debt Instrument [Line Items]
Commercial paper borrowings						580,000			1,209,600
3.125% Senior Notes due April 2024, effective interest rate 3.32%
Debt Instrument [Line Items]
Senior notes									$ 300,000
Stated interest rate percentage	3.125%								3.125%
Repayments of Debt	$ 300,000
3.250% Senior Notes due April 2025, effective interest rate 3.36%
Debt Instrument [Line Items]
Senior notes						$ 400,000			$ 400,000
Stated interest rate percentage						3.25%			3.25%
3.625% Senior Notes due April 2025, effective interest rate 3.78%
Debt Instrument [Line Items]
Senior notes						$ 500,000			$ 500,000
Stated interest rate percentage						3.625%			3.625%
6.250% Senior Notes due November 2028, effective interest rate 6.46%
Debt Instrument [Line Items]
Senior notes						$ 500,000		$ 500,000
Stated interest rate percentage						6.25%		6.25%
6.550% Senior Notes due November 2033, effective interest rate 6.71%
Debt Instrument [Line Items]
Senior notes						$ 500,000		$ 500,000
Stated interest rate percentage						6.55%		6.55%
2.875% Senior Notes due January 2023, effective interest rate 3.21%
Debt Instrument [Line Items]
Stated interest rate percentage			2.875%
Repayments of Debt			$ 300,000
3.125% Senior Notes due July 2023, effective interest rate 3.26%
Debt Instrument [Line Items]
Stated interest rate percentage		3.125%
Repayments of Debt		$ 500,000
3.700% Senior Notes due April 2022, effective interest rate 3.85%
Debt Instrument [Line Items]
Stated interest rate percentage					3.70%
Repayments of Debt					$ 500,000
5.100% Senior Notes due July 2029
Debt Instrument [Line Items]
Senior notes							$ 600,000
Stated interest rate percentage							5.10%
5.400% Senior Notes due July 2034
Debt Instrument [Line Items]
Senior notes							$ 700,000
Stated interest rate percentage							5.40%
5.050% Senior Notes due July 2026, effective interest rate 5.09%
Debt Instrument [Line Items]
Senior notes						$ 450,000			$ 450,000	$ 450,000
Stated interest rate percentage						5.05%			5.05%	5.05%
5.200% Senior Notes due August 2033, effective interest rate 5.22%
Debt Instrument [Line Items]
Senior notes						$ 300,000			$ 300,000	$ 300,000
Stated interest rate percentage						5.20%			5.20%	5.20%
4.500% Senior Notes due February 2028, effective interest rate 4.43%
Debt Instrument [Line Items]
Senior notes						$ 450,000			$ 450,000		$ 450,000
Stated interest rate percentage						4.50%			4.50%		4.50%
4.750% Senior Notes due February 2033, effective interest rate 4.70%
Debt Instrument [Line Items]
Senior notes						$ 550,000			$ 550,000		$ 550,000
Stated interest rate percentage						4.75%			4.75%		4.75%
4.750% Senior Notes due August 2032, effective interest rate 4.76%
Debt Instrument [Line Items]
Senior notes						$ 750,000			$ 750,000			$ 750,000
Stated interest rate percentage						4.75%			4.75%			4.75%

Financing - Scheduled Maturitie

Financing - Scheduled Maturities of Debt (Detail) - USD ($) $ in Thousands	Aug. 31, 2024	Aug. 26, 2023
Financing
2025	$ 1,480,000
2026	850,000
2027	600,000
2028	450,000
2029	1,550,000
Thereafter	4,150,000
Subtotal	9,080,000
Discount and debt issuance costs	55,619	$ 41,051
Long-term debt	$ 9,024,381	$ 7,668,549

Interest Expense - Net Interest

Interest Expense - Net Interest Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Other Income and Expenses [Abstract]
Interest expense	$ 465,191	$ 320,121	$ 198,883
Interest income	(11,312)	(12,054)	(6,048)
Capitalized interest	(2,301)	(1,695)	(1,197)
Net Interest Expense	$ 451,578	$ 306,372	$ 191,638

Stock Repurchase Program - Addi

Stock Repurchase Program - Additional Information (Detail) - USD ($) $ in Thousands			2 Months Ended	12 Months Ended
	Jun. 19, 2024	Dec. 20, 2023	Oct. 21, 2024	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Stock Repurchase Program
Purchase of treasury stock, shares				1,149,000	1,524,000	2,220,000
Purchase of treasury stock				$ 3,170,320	$ 3,723,289	$ 4,359,991
Subsequent Events
Stock Repurchase Program
Purchase of treasury stock, shares			67,677
Purchase of treasury stock			$ 212,000
Remaining value authorized for share repurchases			$ 2,000,000
Stock Repurchase Program 1998
Stock Repurchase Program
Increase in authorization of stock repurchase, value	$ 1,500,000	$ 2,000,000			$ 4,500,000	$ 5,000,000
Stock repurchase authorized				39,200,000
Remaining value authorized for share repurchases				$ 2,200,000
Common Stock
Stock Repurchase Program
Retirement of treasury shares, shares				1,703,000	2,051,000	2,484,000
Retirement of treasury shares				$ 17	$ 20	$ 25
Additional Paid-In Capital
Stock Repurchase Program
Retirement of treasury shares				142,391	143,440	292,975
Retained Deficit
Stock Repurchase Program
Retirement of treasury shares				$ 4,128,131	$ 4,157,637	$ 3,339,842

Stock Repurchase Program - Shar

Stock Repurchase Program - Share Repurchase Activity (Detail) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Stock Repurchase Program
Amount	$ 3,170,320	$ 3,723,289	$ 4,359,991
Shares	1,149	1,524	2,220

Derivative Financial Instrume_2

Derivative Financial Instruments - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023
Derivative Financial Instruments
Derivative losses recorded in Accumulated other comprehensive loss	$ 10.6
Net derivative losses amortized into Interest expense	2.3	$ 2.8
Net derivative loss expected to be reclassified over next 12 months	$ 2.3

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	$ (4,349,894)	$ (3,538,913)
Balance	(4,749,614)	(4,349,894)
Foreign Currency
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(176,557)	(280,190)
Other Comprehensive (Loss) Income before reclassifications	(174,715)	103,633
Balance	(351,272)	(176,557)
Net Unrealized Gain (Loss) on Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(1,851)	(2,171)
Other Comprehensive (Loss) Income before reclassifications	2,179	472
Amounts reclassified from Accumulated Other Comprehensive Loss	(28)	(152)
Balance	300	(1,851)
Derivatives
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(12,428)	(18,175)
Other Comprehensive (Loss) Income before reclassifications		3,635
Amounts reclassified from Accumulated Other Comprehensive Loss	1,782	2,112
Balance	(10,646)	(12,428)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(190,836)	(300,536)
Other Comprehensive (Loss) Income before reclassifications	(172,536)	107,740
Amounts reclassified from Accumulated Other Comprehensive Loss	1,754	1,960
Balance	$ (361,618)	$ (190,836)

401(k) Savings Plans - Addition

401(k) Savings Plans - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
401(k) Savings Plans
Percentage of company matching retirement savings plan contributions that vest immediately	100%
Percentage of savings option up to qualified earnings	25%
Annual contribution by employer towards 401(k) Plan	$ 39	$ 37.3	$ 37.9

Share-Based Plans - Additional

Share-Based Plans - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum percentage of discount on salary and bonus	25%
Share-based compensation expense	$ 106,246	$ 93,087	$ 70,612
Exercise period of vested options after death	1 year
Forfeiture rate	7%	10%	10%
Weighted average grant date fair value of options granted	$ 922.10	$ 764.68	$ 463.45
Intrinsic value of options exercised	$ 424,500	$ 424,600	$ 282,700
Total fair value of options vested	67,000	47,900	39,300
Share-based compensation expense for unvested awards not yet recognized in earnings	$ 103,600
Weighted average period recognition of share-based compensation expense for unvested awards	2 years 10 months 24 days
Expense related to the discount on the selling of shares to employees and executives	$ 3,100	$ 2,500	$ 3,200
Shares sold to employees under employee stock purchase plan	5,000	5,183	6,238
Shares purchased from employees at fair value			4,886
Common stock reserved for future issuance	117,341
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise period of vested options after service period	90 days
Term of options granted	10 years
Share-Based Payment Arrangement, Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeiture rate	10%
Two Thousand Three Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Accrued Director fees	$ 15,300	$ 11,800
Accrued director fees in shares	4,822
Additional shares of stock or units	0
Executive Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares sold to employees under employee stock purchase plan	540	689	709
Common stock reserved for future issuance	232,426
Omnibus Incentive Award Plan 2020 | Share-Based Payment Arrangement, Employee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeiture rate	0%
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Service period	4 years
Non vested restricted stock unit award	$ 6,800
Estimated weighted average period	2 years 4 months 24 days
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option-vesting periods	4 years
Stock Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option-vesting periods	5 years
Stock Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of options from grant date	ten years
Option-vesting periods	4 years
2011 Equity Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Debt instrument term	10 years

Share-Based Plans - Weighted Av

Share-Based Plans - Weighted Average for Key Assumptions Used in Determining Fair Value of Options Granted and Related Share-Based Compensation Expense (Detail)	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Share-Based Plans
Expected price volatility	29%	29%	28%
Risk-free interest rate	4.70%	3.80%	1.10%
Weighted average expected lives (in years)	5 years 6 months	5 years 6 months	5 years 7 months 6 days
Forfeiture rate	7%	10%	10%
Dividend yield	0%	0%	0%

Share Based Plans - Stock optio

Share Based Plans - Stock option Activity (Detail) $ / shares in Units, $ in Thousands	12 Months Ended
	Aug. 31, 2024 USD ($) $ / shares shares
Share-Based Plans
Outstanding, Beginning balance, Number of Shares	1,027,588
Granted, Number of Shares	139,534
Exercised, Number of Shares	(209,829)
Forfeited/Cancelled, Number of Shares	(33,450)
Outstanding, Ending balance, Number of Shares	923,843
Exercisable, Number of Shares	589,743
Expected to vest, Number of Shares	321,772
Available for future grants, Number of Shares	722,644
Outstanding, Beginning balance, Weighted Average Exercise Price | $ / shares	$ 1,180.39
Granted, Weighted Average Exercise Price | $ / shares	2,577.52
Exercised, Weighted Average Exercise Price | $ / shares	799.06
Forfeited/Cancelled, Weighted Average Exercise Price | $ / shares	1,884.80
Outstanding, Ending balance, Weighted Average Exercise Price | $ / shares	1,452.52
Exercisable, Weighted Average Exercise Price | $ / shares	1,054.66
Expected to vest, Weighted Average Exercise Price | $ / shares	$ 2,148.75
Outstanding , Weighted-Average Remaining Contractual Term	5 years 11 months 15 days
Exercisable, Weighted-Average Remaining Contractual Term	4 years 8 months 23 days
Expected to vest, Weighted-Average Remaining Contractual Term	8 years 1 month 17 days
Outstanding, Aggregate Intrinsic Value | $	$ 1,597,289
Exercisable, Aggregate Intrinsic Value | $	1,254,276
Expected to vest, Aggregate Intrinsic Value | $	$ 332,305

Share-Based Plans - Schedule of

Share-Based Plans - Schedule of Nonvested Restricted Stock Units Activity (Detail)	12 Months Ended
	Aug. 31, 2024 $ / shares shares
Share-Based Plans
Nonvested, Beginning balance, Number of Shares | shares	8,133
Granted, Number of Shares | shares	3,173
Vested, Number of Shares | shares	(4,781)
Forfeited, Number of Shares | shares	(1,015)
Nonvested, Ending balance, Number of Shares | shares	5,510
Nonvested, Beginning balance, Weighted Average Grant Date Fair Value | $ / shares	$ 1,572.87
Granted, Weighted Average Grant Date Fair Value | $ / shares	2,560.56
Vested, Weighted Average Grant Date Fair Value | $ / shares	1,614.94
Forfeited, Weighted Average Grant Date Fair Value | $ / shares	2,144.26
Nonvested, Ending balance, Weighted Average Grant Date Fair Value | $ / shares	$ 1,999.92

Commitments and Contingencies (

Commitments and Contingencies (Detail) $ in Millions	12 Months Ended
	Aug. 31, 2024 USD ($)
Loss Contingencies [Line Items]
Commitment for construction	$ 103.8
Expiration period	1 year
Additional capital contributions to tax credit funds	$ 49.3
Standby Letters of Credit
Loss Contingencies [Line Items]
Guarantee obligations	143.4
Surety Bond
Loss Contingencies [Line Items]
Guarantee obligations	$ 48.9

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail)	12 Months Ended
	Aug. 31, 2024 segment store
Segment Reporting
Number of reportable segments	1
Number of automotive parts and accessories locations in the United States, Mexico, and Brazil | store	7,353
Number of operating segments	2

Segment Reporting - Segment Res

Segment Reporting - Segment Results (Detail) - USD ($) $ in Thousands	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Segment Reporting Information [Line Items]
Net Sales	$ 18,490,268	$ 17,457,209	$ 16,252,230
Gross profit	9,817,052	9,070,422	8,472,650
Operating, selling, general and administrative expenses	(6,028,344)	(5,596,436)	(5,201,921)
Interest expense, net	(451,578)	(306,372)	(191,638)
Income before income taxes	3,337,130	3,167,614	3,079,091
Segment Assets	17,176,538	15,985,878	15,275,043
Capital Expenditures	1,072,696	796,657	672,391
Auto Parts Stores
Segment Reporting Information [Line Items]
Net Sales	18,151,276	17,145,137	15,963,196
Gross profit	9,616,098	8,885,403	8,301,234
Segment Assets	16,829,351	15,664,891	15,060,704
Capital Expenditures	1,048,952	775,601	650,495
Auto Parts Stores | Failure
Segment Reporting Information [Line Items]
Net Sales	8,979,152	8,407,690	7,801,155
Auto Parts Stores | Maintenance items
Segment Reporting Information [Line Items]
Net Sales	6,618,494	6,223,620	5,670,278
Auto Parts Stores | Discretionary
Segment Reporting Information [Line Items]
Net Sales	2,553,630	2,513,827	2,491,763
Other
Segment Reporting Information [Line Items]
Net Sales	338,992	312,072	289,034
Gross profit	200,954	185,019	171,416
Segment Assets	347,187	320,987	214,339
Capital Expenditures	$ 23,744	$ 21,056	$ 21,896

Segment Reporting - Schedule of

Segment Reporting - Schedule of sales disaggregated by geographical area (Detail) - Geographic Concentration Risk	12 Months Ended
	Aug. 31, 2024	Aug. 26, 2023	Aug. 27, 2022
Sales Revenue, Net
Product Information [Line Items]
Concentration risk percentage	100%	100%	100%
Sales Revenue, Net | United States
Product Information [Line Items]
Concentration risk percentage	88%	89%	92%
Sales Revenue, Net | Mexico
Product Information [Line Items]
Concentration risk percentage	11%	10%	8%
Sales Revenue, Net | Brazil
Product Information [Line Items]
Concentration risk percentage	1%	1%
Net Assets, Geographic Area | United States
Product Information [Line Items]
Concentration risk percentage	89%	88%	91%