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Consolidated Balance Sheets - USD ($)
Feb. 26, 2021
Feb. 28, 2020
ASSETS    
Cash and cash equivalents $ 489,800,000 $ 541,000,000.0
Accounts receivable 279,000,000.0 381,800,000
Accounts Receivable, Allowance for Credit Loss (8,700,000) (9,400,000)
Inventories 193,500,000 215,000,000.0
Prepaid expenses 20,900,000 21,600,000
Other current assets 70,900,000 38,800,000
Total current assets 1,045,400,000 1,188,800,000
Property, plant and equipment, net of accumulated depreciation of $1,063.2 and $977.7 410,800,000 426,300,000
Company-owned life insurance ("COLI") 169,500,000 160,000,000.0
Deferred Tax Assets, Net, Noncurrent 113,300,000 124,600,000
Goodwill 218,100,000 233,600,000
Other intangible assets, net of accumulated amortization of $73.3 and $56.7 90,400,000 102,900,000
Investments in unconsolidated affiliates 51,500,000 52,300,000
Operating Lease, Right-of-Use Asset 225,400,000 237,900,000
Other assets 29,600,000 39,000,000.0
Total assets 2,354,000,000.0 2,565,400,000
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 181,300,000 244,300,000
Short-term borrowings and current portion of long-term debt 4,700,000 2,900,000
Operating Lease, Liability, Current 43,800,000 43,100,000
Accrued expenses:    
Employee compensation 90,100,000 191,700,000
Employee benefit plan obligations 24,900,000 44,700,000
Accrued promotions 27,800,000 35,300,000
Customer deposits 33,700,000 28,600,000
Other 108,700,000 100,300,000
Total current liabilities 515,000,000.0 690,900,000
Long-term liabilities:    
Long-term debt less current maturities 479,200,000 481,400,000
Employee benefit plan obligations 152,900,000 148,300,000
Operating Lease, Liability, Noncurrent 199,500,000 214,000,000.0
Other long-term liabilities 46,900,000 60,400,000
Total long-term liabilities 878,500,000 904,100,000
Total liabilities 1,393,500,000 1,595,000,000.0
Shareholders' equity:    
Additional paid-in capital 12,500,000 28,400,000
Accumulated other comprehensive income (loss) (40,000,000.0) (69,300,000)
Retained earnings 988,000,000.0 1,011,300,000
Total shareholders’ equity 960,500,000 970,400,000
Total liabilities and shareholders’ equity 2,354,000,000.0 2,565,400,000
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