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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 24, 2018
Feb. 23, 2018
ASSETS    
Cash and cash equivalents $ 45.7 $ 283.1
Accounts receivable, net of allowances of $11.7 and $11.1 409.7 300.3
Inventories 232.3 184.6
Prepaid expense 22.0 19.2
Assets Held-for-sale, Not Part of Disposal Group, Current 12.6 13.4
Other current assets 47.4 53.3
Total current assets 769.7 853.9
Property, plant and equipment, net of accumulated depreciation of $1,005.7 and $998.1 437.8 435.1
Company-owned life insurance 157.1 172.2
Deferred income taxes 130.3 135.4
Goodwill 217.6 138.2
Other intangible assets, net of accumulated amortization of $49.0 and $44.6 84.4 45.6
Investments in unconsolidated affiliates 52.5 48.4
Other assets 35.4 30.4
Total assets 1,884.8 1,859.2
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 269.3 223.1
Short-term borrowings and current maturities of long-term debt 13.0 2.8
Accrued expenses:    
Employee compensation 114.0 145.0
Employee benefit plan obligations 27.4 39.2
Accrued promotions 30.1 25.5
Customer deposits 22.7 28.2
Product warranties 15.5 18.1
Other 81.6 72.8
Total current liabilities 573.6 554.7
Long-term liabilities:    
Long-term debt less current maturities 290.9 292.2
Employee benefit plan obligations 123.1 130.8
Other long-term liabilities 58.4 68.2
Total long-term liabilities 472.4 491.2
Total liabilities 1,046.0 1,045.9
Shareholders' equity:    
Common stock 0.0 0.0
Additional paid-in capital 16.2 4.6
Accumulated Other Comprehensive Income (Loss), Net of Tax (30.2) (10.3)
Retained earnings 852.8 819.0
Total shareholders' equity 838.8 813.3
Total liabilities and shareholders' equity $ 1,884.8 $ 1,859.2