Fair Value (Tables)

6 Months Ended

Aug. 28, 2020

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured at fair value as of August 28, 2020 and February 28, 2020 are summarized below:

	August 28, 2020
Fair Value of Financial Instruments	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	515.9	$	—	$	—	$	515.9
Restricted cash	6.5		—		—		6.5
Foreign exchange forward contracts	—		2.4		—		2.4
Auction rate securities	—		—		2.0		2.0
	$	522.4	$	2.4	$	2.0	$	526.8
Liabilities:
Foreign exchange forward contracts	$	—	$	(1.5)	$	—	$	(1.5)
	$	—	$	(1.5)	$	—	$	(1.5)
	February 28, 2020
Fair Value of Financial Instruments	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	541.0	$	—	$	—	$	541.0
Restricted cash	6.1		—		—		6.1
Foreign exchange forward contracts	—		1.2		—		1.2
Auction rate securities	—		—		2.1		2.1
	$	547.1	$	1.2	$	2.1	$	550.4
Liabilities:
Foreign exchange forward contracts	$	—	$	(0.5)	$	—	$	(0.5)
	$	—	$	(0.5)	$	—	$	(0.5)

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

Below is a roll-forward of assets and liabilities measured at fair value using Level 3 inputs for the six months ended August 28, 2020:

Roll-Forward of Fair Value Using Level 3 Inputs	Auction Rate Securities
Balance as of February 28, 2020	$	2.1
Unrealized loss on investments	(0.1)
Balance as of August 28, 2020	$	2.0