Corollary 1 (binomial formula)
Tag 05H4, permanent. Cite it as [Bourbaki, Tag 05H4].
Algebra, chapter I, § 8. Rings
Let x and y be two elements of a commutative ring A. Then:
Formula (14) applied to , and gives
the sum extending over ordered pairs of positive integers with . The binomial formula follows immediately from this (Set Theory, III, § 5, no. 8).
Bourbaki puts the proof directly after the statement, so what is above is the statement and its proof together.