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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
May 27, 2016
Feb. 26, 2016
ASSETS    
Cash and cash equivalents $ 133.4 $ 181.9
Short-term investments 18.4 84.1
Accounts receivable, net of allowances of $12.0 and $11.7 327.2 322.7
Inventories 156.9 159.4
Prepaid expense 19.5 19.6
Other current assets 64.5 56.2
Total current assets 719.9 823.9
Property, plant and equipment, net of accumulated depreciation of $948.2 and $936.8 412.6 411.6
Company-owned life insurance 163.3 160.4
Deferred income taxes 180.4 211.6
Goodwill 106.8 106.4
Other intangible assets, net of accumulated amortization of $43.1 and $42.7 13.5 13.7
Investments in unconsolidated affiliates 52.0 51.0
Other assets 27.4 30.0
Total assets 1,675.9 1,808.6
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 205.1 209.6
Short-term borrowings and current maturities of long-term debt 2.9 2.5
Accrued expenses:    
Employee compensation 72.3 169.9
Employee benefit plan obligations 20.4 36.5
Customer deposits 14.6 18.6
Product warranties 24.8 20.5
Other 95.4 99.9
Total current liabilities 435.5 557.5
Long-term liabilities:    
Long-term debt less current maturities 296.3 296.6
Employee benefit plan obligations 139.3 142.5
Other long-term liabilities 70.3 75.1
Total long-term liabilities 505.9 514.2
Total liabilities 941.4 1,071.7
Shareholders' equity:    
Common stock 0.0 0.0
Additional paid-in capital 0.0 0.0
Accumulated other comprehensive loss (37.2) (39.6)
Retained earnings 771.7 776.5
Total shareholders' equity 734.5 736.9
Total liabilities and shareholders' equity $ 1,675.9 $ 1,808.6