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Consolidated Balance Sheets - USD ($)
Feb. 28, 2020
Feb. 22, 2019
ASSETS    
Cash and cash equivalents $ 541,000,000.0 $ 261,300,000
Accounts receivable, net of allowances of $9.4 and $8.7 372,400,000 390,300,000
Inventories 215,000,000.0 224,800,000
Prepaid expenses 21,600,000 19,500,000
Other current assets 38,800,000 52,700,000
Total current assets 1,188,800,000 948,600,000
Property, plant and equipment, net of accumulated depreciation of $977.7 and $1,009.3 426,300,000 455,500,000
Company-owned life insurance (COLI) 160,000,000.0 156,100,000
Deferred Tax Assets, Net 124,600,000 135,800,000
Goodwill 233,600,000 240,800,000
Other intangible assets, net of accumulated amortization of $56.7 and $55.8 102,900,000 119,300,000
Investments in unconsolidated affiliates 52,300,000 56,900,000
Operating Lease, Right-of-Use Asset 237,900,000 0
Other assets 39,000,000.0 29,400,000
Total assets 2,565,400,000 2,142,400,000
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 244,300,000 241,200,000
Short-term borrowings and current portion of long-term debt 2,900,000 4,100,000
Operating Lease, Liability, Current 43,100,000 0
Accrued expenses:    
Employee compensation 191,700,000 168,100,000
Employee benefit plan obligations 44,700,000 37,100,000
Accrued promotions 35,300,000 27,700,000
Customer deposits 28,600,000 20,000,000.0
Other 100,300,000 97,000,000.0
Total current liabilities 690,900,000 595,200,000
Long-term liabilities:    
Long-term debt less current maturities 481,400,000 482,900,000
Employee benefit plan obligations 148,300,000 141,600,000
Operating Lease, Liability, Noncurrent 214,000,000.0 0
Other long-term liabilities 60,400,000 72,900,000
Total long-term liabilities 904,100,000 697,400,000
Total liabilities 1,595,000,000.0 1,292,600,000
Shareholders' equity:    
Additional paid-in capital 28,400,000 16,400,000
Accumulated other comprehensive income (loss) (69,300,000) (47,300,000)
Retained earnings 1,011,300,000 880,700,000
Total shareholders’ equity 970,400,000 849,800,000
Total liabilities and shareholders’ equity 2,565,400,000 2,142,400,000
Preferred Stock [Member]    
Shareholders' equity:    
Preferred stock-no par value; 50,000,000 shares authorized, none issued and outstanding 0 0
Class A Common Stock-no par value; 475,000,000 shares authorized, 85,728,770 and 85,975,298 issued and outstanding [Member]    
Shareholders' equity:    
Common stock 0 0
Class B Common Stock-no par value; 475,000,000 shares authorized, 30,428,673 and 31,348,049 issued and outstanding [Member]    
Shareholders' equity:    
Common stock $ 0 $ 0