Company: COST
Filing Date: 2025-12-17
Form Type: 10-Q
Source: 0000909832-25-000169
Chunk: 10

Company: COSTCO WHOLESALE CORP /NEW
Filing Date: 2025-12-17
Form: 10-Q
Item: Item 1
Chunk 10
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 results could differ from those estimates and assumptions.Recent Accounting Pronouncements Not Yet Adopted By The CompanyIn December 2023, the FASB issued ASU 2023-09, which requires public business entities on an annual basis to disclose specific categories in the income-tax rate reconciliation, provide information for reconciling items that meet a quantitative threshold, and disclose certain information about income taxes paid. The standard is effective for annual periods beginning after December 15, 2024, with early adoption 

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permitted. The amendments should be applied on a prospective basis. Retrospective application is permitted.In November 2024, the FASB issued ASU 2024-03, which requires disaggregated disclosures of certain costs and expenses on the income statement on an annual and interim basis. The standard is effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027, with early adoption permitted. The amendments should be applied on a prospective basis. Retrospective application is permitted.The Company is evaluating these standards.

Note 2—InvestmentsThe Company's investments were as follows: November 23, 2025:CostBasisUnrealizedGains, NetRecordedBasisAvailable-for-sale:Government and agency securities$789 $6 $795 Held-to-maturity:Certificates of deposit171 — 171 Total short-term investments$960 $6 $966 August 31, 2025:CostBasisUnrealizedGains, NetRecordedBasisAvailable-for-sale:Government and agency securities$783 $3 $786 Held-to-maturity:Certificates of deposit337 — 337 Total short-term investments$1,120 $3 $1,123 Gross unrealized holding gains and losses on available-for-sale securities were not material for the periods ended November 23, 2025, or August 31, 2025. At those dates, there were no available-for-sale securities in a material continuous unrealized-loss position. There were no sales of available-for-sale securities during the first quarter of 2026 or 2025.The maturities of available-for-sale and held-to-maturity securities at November 23, 2025, are as follows: Available-For-SaleHeld-To-Maturity Cost BasisFair ValueDue in one year or less$124 $124 $