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Short-Term Borrowings And Long-Term Debt (Details) - USD ($)
12 Months Ended
Feb. 28, 2020
Feb. 22, 2019
Feb. 23, 2018
May 24, 2019
Debt Instrument [Line Items]        
Line of Credit Facility, Borrowing Capacity, Description $250 $200    
Debt and Lease Obligation $ 484,300,000 $ 487,000,000.0    
Long-term Debt and Lease Obligation, Current [1] 2,900,000 4,100,000    
Long-term Debt 481,400,000 482,900,000    
Debt Instrument Details [Abstract]        
Amortization of Debt Issuance Costs 800,000 100,000    
Line of Credit Facility, Maximum Borrowing Capacity $ 250,000,000.0      
Long-term Debt, Maturities, Repayment Terms seven years      
Repayments of Long-term Debt $ 2,900,000 $ 252,700,000 $ 2,700,000  
Short-term Debt, Weighted Average Interest Rate, at Point in Time 2.50% 2.10%    
Line of Credit Facility, Average Outstanding Amount $ 14,900,000      
Debt Instrument Maturities [Abstract]        
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months 2,900,000      
Long-term Debt, Maturities, Repayments of Principal in Year Two 3,200,000      
Long-term Debt, Maturities, Repayments of Principal in Year Three 2,600,000      
Long-term Debt, Maturities, Repayments of Principal in Year Four 31,900,000      
Long-term Debt, Maturities, Repayments of Principal in Year Five 0      
Long-term Debt, Maturities, Repayments of Principal after Year Five $ 443,700,000      
Senior Notes due 2021 [Member]        
Debt Instrument Details [Abstract]        
Amortization of Debt Discount (Premium)   $ 300,000 $ 300,000  
Senior notes due 2029 [Member]        
Debt Instrument Maturities [Abstract]        
Debt Instrument, Maturity Date Dec. 31, 2029      
Capital Lease Obligations [Member]        
Debt Instrument Maturities [Abstract]        
Debt Instrument, Maturity Date Dec. 31, 2020      
RevolvingCreditFacilities2022 [Member]        
Debt Instrument [Line Items]        
Line of Credit, Current       $ 0
United States of America, Dollars        
Debt Instrument [Line Items]        
Debt and Lease Obligation $ 483,800,000 485,300,000    
United States of America, Dollars | Revolving credit facilities, can be utilized to support bank guarantees, letters of credit, overdrafts and foreign exchange contracts [Member]        
Debt Instrument Details [Abstract]        
Line of Credit Facility, Maximum Borrowing Capacity 34,500,000      
United States of America, Dollars | Revolving credit facilities due 2018, unsecured committed [Member]        
Debt Instrument [Line Items]        
Line of Credit, Current 0 0    
United States of America, Dollars | Senior notes due 2029 [Member]        
Debt Instrument [Line Items]        
Senior Notes [2] $ 443,300,000 442,600,000    
Debt Instrument Details [Abstract]        
Debt Instrument, Face Amount   $ 450,000,000    
Debt Instrument, Purchase Price as a Percentage of Par Value   99.213%    
Debt Instrument, Discount   $ 3,500,000    
Debt Instrument, Interest Rate, Stated Percentage 5.125%      
Debt Instrument, Interest Rate, Effective Percentage 5.60%      
United States of America, Dollars | Notes Payable due 2024 [Member]        
Debt Instrument [Line Items]        
Notes Payable [3] $ 39,900,000 42,700,000    
Debt Instrument Details [Abstract]        
Debt Instrument, Face Amount $ 50,000,000.0      
Debt Instrument, Interest Rate, Stated Percentage 2.72%      
Debt Instrument, Basis Spread on Variable Rate [3] 1.20%      
Debt Instrument Maturities [Abstract]        
Debt Instrument, Maturity Date [3] Dec. 31, 2024      
United States of America, Dollars | Revolving Credit Facilities short term, secured uncommitted [Member]        
Debt Instrument [Line Items]        
Line of Credit, Current $ 0 0    
Debt Instrument Details [Abstract]        
Line of Credit Facility, Maximum Borrowing Capacity 5,500,000      
United States of America, Dollars | Revolving Credit Facilities due 2025 [Member]        
Debt Instrument [Line Items]        
Line of Credit, Current [4],[5] $ 0 0    
Debt Instrument Maturities [Abstract]        
Debt Instrument, Maturity Date [2] Dec. 31, 2021      
United States of America, Dollars | RevolvingCreditFacilities2022 [Member]        
Debt Instrument Maturities [Abstract]        
Debt Instrument, Maturity Date [4],[5] Dec. 31, 2022      
United States of America, Dollars | Notes payable due 2022 [Member]        
Debt Instrument [Line Items]        
Notes Payable [3] $ 600,000 0    
Debt Instrument Details [Abstract]        
Debt Instrument, Interest Rate, Stated Percentage 7.00%      
Foreign Currency [Domain] | Revolving Credit Facilities [Member]        
Debt Instrument [Line Items]        
Line of Credit, Current [5] $ 0 0    
Foreign Currency [Domain] | Notes Payable, Other Payables [Member]        
Debt Instrument [Line Items]        
Notes Payable 300,000 300,000    
Foreign Currency [Domain] | Bank Overdrafts [Member]        
Debt Instrument [Line Items]        
Bank Overdrafts $ 200,000 1,400,000    
Debt Instrument Details [Abstract]        
Debt Instrument, Interest Rate, Stated Percentage 0.79%      
Foreign Currency [Domain] | Revolving Credit Facilities short term, secured uncommitted [Member]        
Debt Instrument [Line Items]        
Line of Credit, Current $ 0 0    
Foreign Currency [Domain] | Revolving Credit Facilities short term, unsecured uncommitted [Member]        
Debt Instrument [Line Items]        
Line of Credit, Current 0 $ 0    
Debt Instrument Details [Abstract]        
Line of Credit Facility, Maximum Borrowing Capacity 17,700,000      
Balloon Payment [Member] | United States of America, Dollars | Notes Payable due 2024 [Member]        
Debt Instrument Details [Abstract]        
Repayments of Long-term Debt 32,000,000      
Fixed Monthly Payments [Member] | United States of America, Dollars | Notes Payable due 2024 [Member]        
Debt Instrument Details [Abstract]        
Repayments of Long-term Debt $ 200,000      
Minimum [Member] | Foreign Currency [Domain] | Notes Payable, Other Payables [Member]        
Debt Instrument Details [Abstract]        
Debt Instrument, Interest Rate, Stated Percentage 6.00%      
Maximum [Member] | Foreign Currency [Domain] | Notes Payable, Other Payables [Member]        
Debt Instrument Details [Abstract]        
Debt Instrument, Interest Rate, Stated Percentage 9.00%      
[1]
The weighted-average interest rate for short-term borrowings and the current portion of long-term debt was 2.5% as of February 28, 2020 and 2.1% as of February 22, 2019.
[2] In 2019, we issued $450 of unsecured unsubordinated senior notes, due in January 2029 (“2029 Notes”). The 2029 Notes were issued at 99.213% of par value. The bond discount of $3.5 and direct debt issuance costs of $4.0 were deferred and are being amortized over the life of the 2029 Notes. Although the coupon rate of the 2029 Notes is 5.125%, the effective interest rate is 5.6% after taking into account the impact of the direct debt issuance costs, a deferred loss on an interest rate lock related to the debt issuance and the bond discount. The 2029 Notes rank equally with all of our other unsecured unsubordinated indebtedness, and they contain no financial covenants. We may redeem some or all of the 2029 Notes at any time. The redemption price would equal the greater of: (1) the principal amount of the notes being redeemed or (2) the present value of the remaining scheduled payments of principal and interest discounted to the redemption date on a semi-annual basis at the comparable U.S. Treasury rate plus 40 basis points; plus, in both cases, accrued and unpaid interest. If the notes are redeemed within 3 months of maturity, the redemption price would be equal to the principal amount of the notes being redeemed plus accrued and unpaid interest. During 2020 and 2019, amortization expense related to the discount and debt issuance costs on the 2029 Notes was
[3]
We have a $39.9 note payable with an original amount of $50.0 at a floating interest rate based on 30-day LIBOR plus 1.20%. The loan has a term of seven years and requires fixed monthly principal payments of $0.2 on a 20-year amortization schedule with a $32 balloon payment due in 2024. The loan is secured by two corporate aircraft, contains no financial covenants and is not cross-defaulted to our other debt facilities.
[4]
We have a $250.0 global committed bank facility, which was entered into in Q4 2020. This facility amended and restated the former facility, which was scheduled to expire in 2022. As of February 28, 2020 and February 22, 2019, there were no borrowings outstanding under the facilities, our availability to borrow under the facilities were not limited, and we were in compliance with all covenants under the facilities.
In addition, we have revolving credit agreements of $34.5 which can be utilized to support bank guarantees, letters of credit, overdrafts and foreign exchange contracts. As of February 28, 2020, we had $14.9 in outstanding bank guarantees and standby letters of credit against these agreements. We had no draws against our standby letters of credit during 2020 and 2019, respectively.
[5] e have unsecured uncommitted short-term credit facilities of up to $5.5 of U.S. dollar obligations and up to $17.7 of foreign currency obligations with various financial institutions available for working capital purposes as of February 28, 2020. Interest rates are variable and determined at the time of borrowing. These credit facilities have no stated expiration date but may be changed or canceled by the banks at any time. There were no borrowings on these facilities as of February 28, 2020 and February 22, 2019.