Company: COST
Filing Date: 2025-12-17
Form Type: 10-Q
Source: 0000909832-25-000169
Chunk: 11

Company: COSTCO WHOLESALE CORP /NEW
Filing Date: 2025-12-17
Form: 10-Q
Item: Item 1
Chunk 11
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171 Due after one year through five years476 481 — Due after five years189 190 — Total$789 $795 $171 

9

Note 3—Fair Value MeasurementAssets and Liabilities Measured at Fair Value on a Recurring BasisThe table below presents information regarding the Company’s financial assets and financial liabilities that are measured at fair value on a recurring basis and indicates the level within the hierarchy reflecting the valuation techniques utilized.Level 2November 23,2025August 31,2025Investment in government and agency securities$795 $786 Forward foreign-exchange contracts, in asset position(1)14 6 Forward foreign-exchange contracts, in (liability) position(1)(3)(14)Total$806 $778 _______________(1) The asset and liability values are included in other current assets and other current liabilities, respectively, in the accompanying condensed consolidated balance sheets.On November 23, 2025, and August 31, 2025, the Company did not hold any Level 1 or 3 financial assets or liabilities that were measured at fair value on a recurring basis. There were no transfers between levels during the first quarter of 2026 or 2025.Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

Assets and liabilities recognized and disclosed at fair value on a nonrecurring basis include items such as financial assets measured at amortized cost and long-lived nonfinancial assets. These assets are measured at fair value if determined to be impaired. There were no fair value adjustments to these items during the first quarter of 2026 or 2025. 

Note 4—DebtThe carrying value of the Company’s long-term debt consisted of the following:November 23,2025August 31,20253.000% Senior Notes due May 2027$1,000 $1,000 1.375% Senior Notes due June 20271,250 1,250 1.600% Senior Notes due April 20301,750 1,750 1.750% Senior Notes due April 20321,000 1,000 Other long-term debt751 805 Total long-term debt5,751 5,805 Less unamortized debt discounts and issuance costs15 17 Less current portion(1) 70 75 Long-term debt, excluding current portion$5,666 $5,713