v3.25.2
Cash and Investments
 9 Months Ended
May 29, 2025
Investments and Cash [Abstract]  
Cash and Investments
Cash and Investments

All of our short-term investments and long-term marketable investments were classified as available for sale as of the dates noted below. Cash and cash equivalents and the fair values of our available-for-sale securities, which approximated amortized costs, were as follows:
As of May 29, 2025As of August 29, 2024
Cash and Cash Equivalents
Short-term Investments
Long-term Marketable Investments(1)
Total Fair Value
Cash and Cash Equivalents
Short-term Investments
Long-term Marketable Investments(1)
Total Fair Value
Cash$8,331 $— $— $8,331 $6,654 $— $— $6,654 
Level 1(2)
Money market funds629 — — 629 20 — — 20 
Level 2(3)
Certificates of deposit1,064 6 — 1,070 316 6 — 322 
Corporate bonds28 517 894 1,439 — 771 571 1,342 
Asset-backed securities— 12 442 454 — 46 433 479 
Government securities45 53 66 164 35 82 42 159 
Commercial paper66 60 — 126 16 160 — 176 
10,163 $648 $1,402 $12,213 7,041 $1,065 $1,046 $9,152 
Restricted cash(4)
6 11 
Cash, cash equivalents, and restricted cash$10,169 $7,052 
(1)The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.
(2)The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.
(3)The fair value of Level 2 securities is measured using information obtained from pricing services, which obtain quoted market prices for similar instruments, non-binding market consensus prices that are corroborated by observable market data, or various other methodologies, to determine the appropriate value at the measurement date. We perform supplemental analysis to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of May 29, 2025 or August 29, 2024.
(4)Restricted cash is included in other current assets.

Gross realized gains and losses from sales of available-for-sale securities were not material for any period presented.
Non-marketable Equity Investments

In addition to the amounts included in the table above, we had $197 million and $190 million of non-marketable equity investments without a readily determinable fair value that were included in other noncurrent assets as of May 29, 2025 and August 29, 2024, respectively. For non-marketable investments, we recognized in other non-operating income (expense) a net loss of $29 million for the first nine months of 2024. The amounts recognized for the other periods presented were not material. Our non-marketable equity investments are recorded at fair value on a non-recurring basis and classified as Level 3.