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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 23, 2018
Feb. 23, 2018
ASSETS    
Cash and cash equivalents $ 51.0 $ 283.1
Accounts receivable, net of allowances of $8.1 and $11.1 422.9 300.3
Inventories 252.4 184.6
Prepaid expense 23.4 19.2
Assets Held-for-sale, Not Part of Disposal Group, Current 0.0 13.4
Other current assets 47.2 53.3
Total current assets 796.9 853.9
Property, plant and equipment, net of accumulated depreciation of $1,005.6 and $998.1 449.1 435.1
Company-owned life insurance 154.7 172.2
Deferred income taxes 126.7 135.4
Goodwill 240.3 138.2
Other intangible assets, net of accumulated amortization of $52.7 and $44.6 121.8 45.6
Investments in unconsolidated affiliates 56.9 48.4
Other assets 34.2 30.4
Total assets 1,980.6 1,859.2
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 277.7 223.1
Short-term borrowings and current maturities of long-term debt 31.0 2.8
Accrued expenses:    
Employee compensation 135.5 145.0
Employee benefit plan obligations 34.4 39.2
Accrued promotions 28.7 25.5
Customer deposits 24.8 28.2
Product warranties 15.3 18.1
Other 89.4 72.8
Total current liabilities 636.8 554.7
Long-term liabilities:    
Long-term debt less current maturities 290.4 292.2
Employee benefit plan obligations 134.3 130.8
Other long-term liabilities 64.6 68.2
Total long-term liabilities 489.3 491.2
Total liabilities 1,126.1 1,045.9
Shareholders' equity:    
Common stock 0.0 0.0
Additional paid-in capital 18.4 4.6
Accumulated Other Comprehensive Income (Loss), Net of Tax (38.0) (10.3)
Retained earnings 874.1 819.0
Total shareholders' equity 854.5 813.3
Total liabilities and shareholders' equity $ 1,980.6 $ 1,859.2