Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Nov. 24, 2023

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss) for the three months ended November 24, 2023:

	Unrealized gain (loss) on investment		Pension and other post-retirement liability adjustments		Derivative amortization		Foreign currency translation adjustments		Total
Balance as of August 25, 2023	$	(0.1)	$	8.0	$	(5.2)	$	(68.6)	$	(65.9)
Other comprehensive income (loss) before reclassifications	0.4		0.2		—		0.7		1.3
Amounts reclassified from accumulated other comprehensive income (loss)	—		(0.4)		0.2		—		(0.2)
Net other comprehensive income (loss) during the period	0.4		(0.2)		0.2		0.7		1.1
Balance as of November 24, 2023	$	0.3	$	7.8	$	(5.0)	$	(67.9)	$	(64.8)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss) for the nine months ended November 24, 2023:

	Unrealized gain (loss) on investment		Pension and other post-retirement liability adjustments		Derivative amortization		Foreign currency translation adjustments		Total
Balance as of February 24, 2023	$	(0.1)	$	9.3	$	(5.7)	$	(76.0)	$	(72.5)
Other comprehensive income (loss) before reclassifications	0.4		(0.2)		—		8.1		8.3
Amounts reclassified from accumulated other comprehensive income (loss)	—		(1.3)		0.7		—		(0.6)
Net other comprehensive income (loss) during the period	0.4		(1.5)		0.7		8.1		7.7
Balance as of November 24, 2023	$	0.3	$	7.8	$	(5.0)	$	(67.9)	$	(64.8)

The following table provides details about reclassifications out of accumulated other comprehensive income (loss) for the three and nine months ended November 24, 2023 and November 25, 2022:

Detail of Accumulated Other Comprehensive Income (Loss) Components	Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)								Affected Line in the Condensed Consolidated Statements of Income
	Three Months Ended				Nine Months Ended
	November 24, 2023		November 25, 2022		November 24, 2023		November 25, 2022
Amortization of pension and other post-retirement actuarial gains	$	(0.5)	$	(0.4)	$	(1.7)	$	(1.2)	Other income, net
Income tax expense	0.1		0.1		0.4		0.3		Income tax expense
	(0.4)		(0.3)		(1.3)		(0.9)
Derivative amortization	0.2		0.3		0.9		1.0		Interest expense
Income tax benefit	—		(0.1)		(0.2)		(0.3)		Income tax expense
	0.2		0.2		0.7		0.7
Total reclassifications	$	(0.2)	$	(0.1)	$	(0.6)	$	(0.2)