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Employee Benefit Plan Obligations Employee Benefit Plan Obligation (Tables)
 12 Months Ended
Feb. 24, 2017
Defined Benefit Plan Disclosure [Line Items]  
Employee Benefit Plan Obligation Summary [Table Text Block]
Employee Benefit Plan Obligations (net)
February 24,
2017
February 26,
2016
Defined contribution retirement plans
$
23.8

 
$
22.5

 
Post-retirement medical benefits
46.0

 
66.2

 
Defined benefit pension plans
50.1

 
46.1

 
Deferred compensation plans and agreements
49.2

 
43.1

 
 
$
169.1

 
$
177.9

 
 
 
 
 
 
Employee benefit plan assets
 
 
 
 
Short-term asset
$
0.2

 
$
—

 
Long-term asset
—

 
1.1

 
 
$
0.2

 
$
1.1

 
 
 
 
 
 
Employee benefit plan obligations
 
 
 
 
Current portion
$
35.0

 
$
36.5

 
Long-term portion
134.3

 
142.5

 
 
$
169.3

 
$
179.0

 
Schedule of Accumulated and Projected Benefit Obligations [Table Text Block]
The funded status of our defined benefit pension plans (excluding our investments in COLI policies) is as follows:
Defined Benefit Pension
Plan Obligations
February 24, 2017
February 26, 2016
Qualified Plans
Non-qualified
Supplemental
Retirement Plans
Qualified Plans
Non-qualified
Supplemental
Retirement Plans
Domestic
Foreign
Domestic
Foreign
Plan assets
$
7.9

 
$
38.8

 
$
—

 
$
8.1

 
$
39.2

 
$
—

 
Projected benefit plan obligations
7.9

 
55.1

 
33.8

 
9.5

 
50.9

 
33.0

 
Funded status
$
—

 
$
(16.3
)
 
$
(33.8
)
 
$
(1.4
)
 
$
(11.7
)
 
$
(33.0
)
 
Short-term asset
$
—

 
$
0.2

 
$
—

 
$
—

 
$
—

 
$
—

 
Long-term asset
$
—

 
$
—

 
$
—

 
$
—

 
$
1.1

 
$
—

 
Current liability
—

 
(0.1
)
 
(3.5
)
 
—

 
(0.1
)
 
(3.4
)
 
Long-term liability
—

 
(16.4
)
 
(30.3
)
 
(1.4
)
 
(12.7
)
 
(29.6
)
 
Total benefit plan obligations
$
—

 
$
(16.3
)
 
$
(33.8
)
 
$
(1.4
)
 
$
(11.7
)
 
$
(33.0
)
 
Accumulated benefit obligation
$
7.9

 
$
51.0

 
$
33.5

 
$
9.5

 
$
47.2

 
$
32.6

 
Schedule of Changes in Fair Value of Plan Assets [Table Text Block]
The following tables summarize our defined benefit pension and post-retirement plans.
Changes in Assets, Benefit Obligations and Funded Status
Defined Benefit
Pension Plans
Post-Retirement
Plans
February 24,
2017
February 26,
2016
February 24,
2017
February 26,
2016
Change in plan assets:
 
 
 
 
 
 
 
 
Fair value of plan assets, beginning of year
$
47.3

 
$
54.5

 
$
—

 
$
—

 
Actual return on plan assets
4.7

 
(1.2
)
 
—

 
—

 
Employer contributions
6.0

 
4.0

 
5.2

 
3.4

 
Plan participants’ contributions
—

 
—

 
2.3

 
2.7

 
Estimated Medicare subsidies received
—

 
—

 
0.1

 
0.1

 
Expenses
(0.2
)
 
(0.2
)
 
—

 
—

 
Currency changes
(2.7
)
 
(4.2
)
 
—

 
—

 
Benefits paid
(8.4
)
 
(5.6
)
 
(7.6
)
 
(6.2
)
 
Fair value of plan assets, end of year
46.7

 
47.3

 
—

 
—

 
Schedule of Changes in Projected Benefit Obligations [Table Text Block]
Change in benefit obligations:
 
 
 
 
 
 
 
 
Benefit plan obligations, beginning of year
93.4

 
103.6

 
66.2

 
73.7

 
Service cost
2.8

 
3.1

 
0.5

 
0.7

 
Interest cost
3.1

 
3.0

 
2.8

 
2.6

 
Net actuarial (gain) loss
9.4

 
(6.2
)
 
(18.3
)
 
(7.0
)
 
Plan participants’ contributions
—

 
—

 
2.3

 
2.7

 
Medicare subsidies received
—

 
—

 
0.1

 
0.1

 
Currency changes
(3.5
)
 
(4.5
)
 
—

 
(0.4
)
 
Benefits paid
(8.4
)
 
(5.6
)
 
(7.6
)
 
(6.2
)
 
Benefit plan obligations, end of year
96.8

 
93.4

 
46.0

 
66.2

 
Funded status
$
(50.1
)
 
$
(46.1
)
 
$
(46.0
)
 
$
(66.2
)
 
Schedule of Amounts Recognized in Balance Sheet [Table Text Block]
Amounts recognized on the Consolidated Balance Sheets:
 
 
 
 
 
 
 
 
Short-term asset
$
0.2

 
$
—

 
$
—

 
$
—

 
Long-term asset
—

 
1.1

 
—

 
—

 
Current liability
(3.6
)
 
(3.5
)
 
(3.9
)
 
(4.5
)
 
Long-term liability
(46.7
)
 
(43.7
)
 
(42.1
)
 
(61.7
)
 
Net amount recognized
$
(50.1
)
 
$
(46.1
)
 
$
(46.0
)
 
$
(66.2
)
 
Schedule of Changes in Accumulated Postemployment Benefit Obligations [Table Text Block]
Amounts recognized in accumulated other comprehensive income—pretax:
 
 
 
 
 
 
 
 
Actuarial loss (gain)
$
23.4

 
$
19.4

 
$
(28.4
)
 
$
(10.9
)
 
Prior service cost (credit)
(0.7
)
 
(0.9
)
 
(9.3
)
 
(17.9
)
 
Total amounts recognized in accumulated other comprehensive income—pretax
$
22.7

 
$
18.5

 
$
(37.7
)
 
$
(28.8
)
 
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]
Estimated amounts to be amortized from accumulated other comprehensive income into net periodic benefit cost over the next fiscal year:
 
 
 
 
 
 
 
 
Actuarial loss (gain)
$
7.6

 
$
0.8

 
$
(3.7
)
 
$
(0.8
)
 
Prior service cost (credit)
(0.2
)
 
(0.2
)
 
(7.0
)
 
(8.6
)
 
Total amounts recognized in accumulated other comprehensive income—pretax
$
7.4

 
$
0.6

 
$
(10.7
)
 
$
(9.4
)
 
Schedule of Net Benefit Costs [Table Text Block]
Components of
Expense
Pension Plans
Post-Retirement Plans
Year Ended
Year Ended
February 24,
2017
February 26,
2016
February 27,
2015
February 24,
2017
February 26,
2016
February 27,
2015
Components of expense:
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
2.8

 
$
3.1

 
$
3.2

 
$
0.5

 
$
0.7

 
$
0.6

 
Interest cost
3.1

 
3.0

 
3.6

 
2.8

 
2.6

 
2.9

 
Amortization of net loss (gain)
0.7

 
0.9

 
0.8

 
(0.8
)
 
0.1

 
(0.5
)
 
Amortization of prior year service cost (credit)
(0.2
)
 
(0.2
)
 
—

 
(8.6
)
 
(9.0
)
 
(9.1
)
 
Expected return on plan assets
(1.9
)
 
(2.5
)
 
(3.2
)
 
—

 
—

 
—

 
Adjustment due to plan curtailment
—

 
—

 
0.1

 
—

 
—

 
—

 
Adjustment due to plan settlement
0.9

 
—

 
(2.2
)
 
—

 
—

 
—

 
Net expense (credit) recognized in Consolidated Statements of Income
5.4

 
4.3

 
2.3

 
(6.1
)
 
(5.6
)
 
(6.1
)
 
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
Other changes in plan assets and benefit obligations recognized in other comprehensive income (pre-tax):
 
 
 
 
 
 
 
 
 
 
 
 
Net actuarial loss (gain)
6.9

 
(2.4
)
 
7.8

 
(18.3
)
 
(7.0
)
 
4.8

 
Prior service cost (credit)
—

 
—

 
(1.4
)
 
—

 
—

 
—

 
Amortization of gain (loss)
(1.7
)
 
(0.9
)
 
(0.8
)
 
0.8

 
(0.1
)
 
(0.2
)
 
Amortization of prior year service credit (cost)
0.2

 
0.2

 
—

 
8.6

 
9.0

 
9.1

 
Gain (losses) recognized as part of the curtailment / settlement
—

 
—

 
(1.0
)
 
—

 
—

 
—

 
Prior service cost recognized as a part of curtailment / settlement
—

 
—

 
(0.1
)
 
—

 
—

 
—

 
Total recognized in other comprehensive income
5.4

 
(3.1
)
 
4.5

 
(8.9
)
 
1.9

 
13.7

 
Total recognized in net periodic benefit cost and other comprehensive income (pre-tax)
$
10.8

 
$
1.2

 
$
6.8

 
$
(15.0
)
 
$
(3.7
)
 
$
7.6

 
Pension and Other Post-Retirement Liability Adjustments [Table Text Block]
Pension and Other Post-Retirement Liability Adjustments
Before Tax
Amount
Tax (Expense)
Benefit
Net of
Tax Amount
Balance as of February 27, 2015
$
7.7

 
$
0.8

 
$
8.5

 
Amortization of prior service cost (credit) included in net periodic pension cost
(9.2
)
 
3.6

 
(5.6
)
 
   Net prior service (cost) credit during period
(9.2
)
 
3.6

 
(5.6
)
 
Net actuarial gain (loss) arising during period
9.4

 
(3.5
)
 
5.9

 
Amortization of net actuarial (gain) loss included in net periodic pension cost
1.0

 
(0.4
)
 
0.6

 
   Net actuarial gain (loss) during period
10.4

 
(3.9
)
 
6.5

 
Foreign currency translation adjustments
1.4

 
(0.1
)
 
1.3

 
   Current period change
2.6

 
(0.4
)
 
2.2

 
Balance as of February 26, 2016
$
10.3

 
$
0.4

 
$
10.7

 
Amortization of prior service cost (credit) included in net periodic pension cost
(8.7
)
 
3.4

 
(5.3
)
 
   Net prior service (cost) credit during period
(8.7
)
 
3.4

 
(5.3
)
 
Net actuarial gain (loss) arising during period
11.4

 
(5.4
)
 
6.0

 
Amortization of net actuarial (gain) loss included in net periodic pension cost
0.8

 
(0.2
)
 
0.6

 
   Net actuarial gain (loss) during period
12.2

 
(5.6
)
 
6.6

 
Foreign currency translation adjustments
1.2

 
(0.2
)
 
1.0

 
   Current period change
4.7

 
(2.4
)
 
2.3

 
Balance as of February 24, 2017
$
15.0

 
$
(2.0
)
 
$
13.0

 
Schedule of Assumptions Used [Table Text Block]
Weighted-Average
Assumptions
Pension Plans
Post-Retirement Plans
Year Ended
Year Ended
February 24,
2017
February 26,
2016
February 27,
2015
February 24,
2017
February 26,
2016
February 27,
2015
Weighted-average assumptions used to determine benefit obligations:
 
 
 
 
 
 
 
 
 
 
 
 
Discount rate
2.90
%
 
3.30
%
 
3.10
%
 
3.86
%
 
4.34
%
 
3.73
%
 
Rate of salary progression
2.70
%
 
2.30
%
 
2.30
%
 
 
 
 
 
 
 
Weighted-average assumptions used to determine net periodic benefit cost:
 
 
 
 
 
 
 
 
 
 
 
 
Discount rate
3.60
%
 
3.70
%
 
3.90
%
 
4.29
%
 
3.72
%
 
4.32
%
 
Expected return on plan assets
4.30
%
 
4.20
%
 
4.20
%
 
 
 
 
 
 
 
Rate of salary progression
2.80
%
 
2.80
%
 
2.70
%
 
 
 
 
 
 
 
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]
A one percentage point change in assumed healthcare cost trend rates would have had the following effects as of February 24, 2017:
Health Cost Trend Sensitivity
One percentage
point increase
One percentage
point decrease
Effect on total of service and interest cost components
$
—

 
$
—

 
Effect on post-retirement benefit obligation
$
0.2

 
$
(0.2
)
 
Schedule of Allocation of Plan Assets [Table Text Block]
Asset Category
February 24, 2017
February 26, 2016
Actual
Allocations
Target
Allocations
Actual
Allocations
Target
Allocations
Equity securities
50
%
 
54
%
 
57
%
 
55
%
 
Debt securities
29

 
27

 
34

 
39

 
Real estate
2

 
—

 
2

 
—

 
Other (1)
19

 
19

 
7

 
6

 
Total
100
%
 
100
%
 
100
%
 
100
%
 
________________________
(1)
Represents guaranteed insurance contracts, money market funds and cash.
 
The fair value of the pension plan assets as of February 24, 2017 and February 26, 2016, by asset category are as follows:
Fair Value of Pension Plan Assets
February 24, 2017
Level 1
Level 2
Level 3
Total
Cash and cash equivalents
$
6.3

 
$
—

 
$
—

 
$
6.3

 
Equity securities:
 
 
 
 
 
 
 
 
International
—

 
23.4

 
—

 
23.4

 
Fixed income securities:
 
 
 
 
 
 
 
 
Bond funds
—

 
13.6

 
—

 
13.6

 
Other investments:
 
 
 
 
 
 
 
 
Group annuity contract (1)
—

 
—

 
1.9

 
1.9

 
Guaranteed insurance contracts (2)
—

 
—

 
0.7

 
0.7

 
Property funds
0.8

 
—

 
—

 
0.8

 
 
$
7.1

 
$
37.0

 
$
2.6

 
$
46.7

 
 
Fair Value of Pension Plan Assets
February 26, 2016
Level 1
Level 2
Level 3
Total
Cash and cash equivalents
$
0.5

 
$
—

 
$
—

 
$
0.5

 
Equity securities:
 
 
 
 
 
 
 
 
U.S. large-cap
0.8

 
—

 
—

 
0.8

 
U.S. small-cap
0.8

 
—

 
—

 
0.8

 
U.S. index
0.8

 
—

 
—

 
0.8

 
International
—

 
23.8

 
—

 
23.8

 
Fixed income securities:
 
 
 
 
 
 
 
 
Bond funds
—

 
16.7

 
—

 
16.7

 
Other investments:
 
 
 
 
 
 
 
 
Group annuity contract (1)
—

 
—

 
2.0

 
2.0

 
Guaranteed insurance contracts (2)
—

 
—

 
1.0

 
1.0

 
Property funds
0.9

 
—

 
—

 
0.9

 
 
$
3.8

 
$
40.5

 
$
3.0

 
$
47.3

 
________________________
(1)
Group annuity contracts are valued utilizing a discounted cash flow model. The term “cash flow” refers to the future principal and interest payments we expect to receive on a given asset in the general account. The model projects future cash flows separately for each investment period and each category of investment.
(2)
Guaranteed insurance contracts are valued at book value, which approximates fair value, and are calculated using the prior year balance plus or minus investment returns and changes in cash flows.
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets [Table Text Block]
Below is a roll-forward of plan assets measured at estimated fair value using Level 3 inputs for the years ended February 24, 2017 and February 26, 2016:
Roll-forward of Fair Value Using Level 3 Inputs
Group
Annuity
Contract
Guaranteed
Insurance
Contracts
Balance as of February 27, 2015
$
2.1

 
$
1.3

 
Unrealized return on plan assets, including changes in foreign exchange rates
0.1

 
—

 
Purchases, sales, and other, net
(0.2
)
 
(0.3
)
 
Balance as of February 26, 2016
$
2.0

 
$
1.0

 
Unrealized return on plan assets, including changes in foreign exchange rates
0.1

 
—

 
Purchases, sales, and other, net
(0.2
)
 
(0.3
)
 
Balance as of February 24, 2017
$
1.9

 
$
0.7

 
Schedule of Expected Benefit Payments [Table Text Block]
The estimated future benefit payments under our pension and post-retirement plans are as follows:
 
Year Ending in February
Pension Plans
Post-retirement Plans
 
 
2018 (1)
$
22.8

 
$
4.0

 
 
2019
4.7

 
3.9

 
 
2020
4.3

 
3.8

 
 
2021
3.4

 
3.7

 
 
2022
3.9

 
3.6

 
 
2023 - 2027
25.0

 
16.6

 
________________________
(1)
The future benefit plan payments in 2018 include approximately $18 related to the annuitization of three qualified plans.