Company: COST
Filing Date: 2025-12-17
Form Type: 10-Q
Source: 0000909832-25-000169
Chunk: 31

Company: COSTCO WHOLESALE CORP /NEW
Filing Date: 2025-12-17
Form: 10-Q
Item: Item 8
Chunk 31
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 2026 and 2025 relate to the 12-week fiscal quarters ended November 23, 2025, and November 24, 2024.Use of EstimatesThe preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect; the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements; and the reported amounts of revenues and expenses during the reporting period. These estimates and assumptions take into account historical and forward-looking factors that the Company believes are reasonable. Actual 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