XML 251 R47.htm IDEA: XBRL DOCUMENT v3.22.1
Investments In Unconsolidated Affiliates (Tables)
 12 Months Ended
Feb. 25, 2022
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]  
Schedule of equity method investments [Table Text Block] Our investments in unconsolidated affiliates and related direct ownership interests are summarized below:
Investments in Unconsolidated AffiliatesFebruary 25, 2022February 26, 2021
Investment
Balance		Ownership
Interest		Investment
Balance		Ownership
Interest
Equity method investments
Dealer relationships$29.6 25%-40%$28.3 25%-40%
Manufacturing joint venture7.3 49%7.8 49%
IDEO and other6.7 5%6.0 5%-24%
43.6 42.1 
Cost method investments
Dealer relationship5.8 Less than 10%5.8 Less than 10%
Other3.7 Less than 10%3.6 Less than 10%
9.5 9.4 
Total investments in unconsolidated affiliates$53.1 $51.5 
Equity in earnings of unconsolidated affiliates [Table Text Block]
Our equity in earnings of unconsolidated affiliates is recorded in Other income, net in the Consolidated Statements of Income and is summarized below:
Equity in Earnings of Unconsolidated AffiliatesYear Ended
February 25,
2022		February 26,
2021		February 28,
2020
Dealer relationships$6.2 $8.0 $9.8 
Manufacturing joint venture0.3 0.7 1.4 
IDEO and other1.3 0.6 1.0 
Total equity in earnings of unconsolidated affiliates$7.8 $9.3 $12.2 
Schedule of consolidated balance sheets of unconsolidated affiliates [Table Text Block]
The following table summarizes the combined accounts of our equity method investments in unconsolidated affiliates:
Consolidated Balance SheetsFebruary 25,
2022		February 26,
2021
Total current assets$211.7 $198.7 
Total non-current assets146.4 130.6 
Total assets$358.1 $329.3 
Total current liabilities162.9 141.3 
Total long-term liabilities29.6 31.1 
Total liabilities$192.5 $172.4 
Schedule of statements of income of unconsolidated affiliates [Table Text Block]
Statements of IncomeYear Ended
February 25,
2022		February 26,
2021		February 28,
2020
Revenue$578.6 $695.4 $838.0 
Gross profit177.8 204.9 252.6 
Income before income tax expense53.0 37.8 62.3 
Net income47.8 35.6 58.5 
Supplemental Schedule for unconsolidated affiliates [Table Text Block]
Supplemental InformationYear Ended
February 25,
2022		February 26,
2021		February 28,
2020
Dividends received from unconsolidated affiliates$5.5 $8.1 $12.5 
Sales to unconsolidated affiliates194.2 201.5 305.7 
Amount due from unconsolidated affiliates12.9 6.4 14.4