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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
May 25, 2018
May 26, 2017
OPERATING ACTIVITIES    
Net income $ 17.0 $ 18.1
Depreciation and amortization 17.5 15.4
Non-cash stock compensation 9.2 8.4
Equity in income of unconsolidated affiliates (3.3) (3.0)
Dividends received from unconsolidated affiliates 1.7 4.2
Other (2.9) 7.3
Changes in operating assets and liabilities net of acquisitions:    
Accounts receivable (42.2) (16.5)
Inventories (20.4) (9.9)
Other assets (1.1) 11.1
Accounts payable 21.8 7.4
Employee compensation liabilities (75.4) (85.5)
Employee benefit obligations (26.6) (21.7)
Accrued Liabilities and Other Operating Liabilities (13.0) 14.2
Net cash provided by operating activities (117.7) (50.5)
INVESTING ACTIVITIES    
Capital expenditures (15.8) (16.8)
Purchases of short-term investments 0.0 (19.4)
Liquidations of short-term investments 0.0 55.5
Other 7.9 (0.6)
Net cash provided by (used in) investing activities (7.9) 18.7
FINANCING ACTIVITIES    
Dividends paid (16.3) (15.7)
Common stock repurchases (3.4) (5.8)
Repayments of long-term debt (0.7) (0.7)
Net cash used in financing activities (20.4) (22.2)
Effect of exchange rate changes on cash and cash equivalents (1.3) 0.8
Net decrease in cash, cash equivalents and restricted cash (147.3) (53.2)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [1] 285.6 199.6
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [2] 138.3 146.4
Restricted Cash 2.5 2.5
Restricted Cash $ 3.4 $ 2.5
[1] These amounts include restricted cash of $2.5 as of February 23, 2018 and February 24, 2017, which primarily represents funds held in escrow for potential future workers’ compensation claims. The restricted cash balance is included as part of Other Assets in the Condensed Consolidated Balance Sheets
[2] These amounts include restricted cash of $3.4 and $2.5 as of May 25, 2018 and May 26, 2017, respectively, which primarily represents funds held in escrow for potential future workers’ compensation claims. The restricted cash balance is included as part of Other Assets in the Condensed Consolidated Balance Sheets.