XML 246 R42.htm IDEA: XBRL DOCUMENT v3.22.1
Fair Value (Tables)
12 Months Ended
Feb. 25, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Assets and liabilities measured at fair value within our Consolidated Balance Sheets as of February 25, 2022 and February 26, 2021 are summarized below:
Fair Value of Financial InstrumentsFebruary 25, 2022
Level 1Level 2Level 3Total
Assets:
Cash and cash equivalents$200.9 $— $— $200.9 
Restricted cash6.1 — — 6.1 
Foreign exchange forward contracts— 1.0 — 1.0 
Auction rate security— — 2.6 2.6 
$207.0 $1.0 $2.6 $210.6 
Liabilities:
Foreign exchange forward contracts$— $(0.3)$— $(0.3)
$— $(0.3)$— $(0.3)
Fair Value of Financial InstrumentsFebruary 26, 2021
Level 1Level 2Level 3Total
Assets:
Cash and cash equivalents$489.8 $— $— $489.8 
Restricted cash5.8 — — 5.8 
Foreign exchange forward contracts— 1.1 — 1.1 
Auction rate security— — 2.6 2.6 
$495.6 $1.1 $2.6 $499.3 
Liabilities:
Foreign exchange forward contracts$— $(0.8)$— $(0.8)
$— $(0.8)$— $(0.8)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
Below is a roll-forward of assets and liabilities measured at estimated fair value using Level 3 inputs for the years ended February 25, 2022 and February 26, 2021:
Roll-forward of Fair Value Using Level 3 InputsAuction Rate
Security
Balance as of February 28, 2020$2.1 
Unrealized loss on investments0.5 
Balance as of February 26, 2021$2.6 
Unrealized gain on investment— 
Balance as of February 25, 2022$2.6