XML 47 R29.htm IDEA: XBRL DOCUMENT v3.24.1.u1
INTANGIBLE ASSETS (Tables)
12 Months Ended
Feb. 24, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
Intangible assets, net consisted of the following (in millions):
February 24,
2024
February 25,
2023
Estimated useful lives (Years)Gross carrying amountAccumulated amortizationNetGross carrying amountAccumulated amortizationNet
Trade names40$1,935.8 $(459.1)$1,476.7 $1,935.8 $(410.5)$1,525.3 
Customer prescription files51,430.9 (1,389.1)41.8 1,405.3 (1,381.6)23.7 
Internally developed software
3 to 5
1,769.5 (944.3)825.2 1,570.1 (747.4)822.7 
Other intangible assets (1)
3 to 6
66.1 (61.5)4.6 65.5 (58.0)7.5 
Total finite-lived intangible assets5,202.3 (2,854.0)2,348.3 4,976.7 (2,597.5)2,379.2 
Liquor licenses and restricted covenantsIndefinite86.2 — 86.2 86.2 — 86.2 
Total intangible assets, net$5,288.5 $(2,854.0)$2,434.5 $5,062.9 $(2,597.5)$2,465.4 
(1) Other intangible assets includes covenants not to compete, specialty accreditation and licenses and patents.
Schedule of Indefinite-Lived Intangible Assets
Intangible assets, net consisted of the following (in millions):
February 24,
2024
February 25,
2023
Estimated useful lives (Years)Gross carrying amountAccumulated amortizationNetGross carrying amountAccumulated amortizationNet
Trade names40$1,935.8 $(459.1)$1,476.7 $1,935.8 $(410.5)$1,525.3 
Customer prescription files51,430.9 (1,389.1)41.8 1,405.3 (1,381.6)23.7 
Internally developed software
3 to 5
1,769.5 (944.3)825.2 1,570.1 (747.4)822.7 
Other intangible assets (1)
3 to 6
66.1 (61.5)4.6 65.5 (58.0)7.5 
Total finite-lived intangible assets5,202.3 (2,854.0)2,348.3 4,976.7 (2,597.5)2,379.2 
Liquor licenses and restricted covenantsIndefinite86.2 — 86.2 86.2 — 86.2 
Total intangible assets, net$5,288.5 $(2,854.0)$2,434.5 $5,062.9 $(2,597.5)$2,465.4 
(1) Other intangible assets includes covenants not to compete, specialty accreditation and licenses and patents.
Schedule of Future Amortization Expense of Finite-Lived Intangible Assets Estimated future amortization expense associated with the net carrying amount of intangibles with finite lives is as follows (in millions):
Fiscal YearAmortization Expected
2024$341.7 
2025304.3 
2026228.2 
2027124.8 
202859.0 
Thereafter1,290.3 
Total$2,348.3