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Deferred Costs
6 Months Ended
Aug. 24, 2012
Deferred Costs

Note 10 – Deferred Costs

Deferred costs and future payment commitments for retail supply agreements are included in the following financial statement captions:

 

(In thousands)    August 24, 2012     February 29, 2012     August 26, 2011  

Prepaid expenses and other

   $ 79,145      $ 94,071      $ 75,016   

Other assets

     358,337        395,397        316,099   
  

 

 

   

 

 

   

 

 

 

Deferred cost assets

     437,482        489,468        391,115   

Other current liabilities

     (44,126     (45,891     (63,846

Other liabilities

     (127,857     (137,360     (68,323
  

 

 

   

 

 

   

 

 

 

Deferred cost liabilities

     (171,983     (183,251     (132,169
  

 

 

   

 

 

   

 

 

 

Net deferred costs

   $ 265,499      $ 306,217      $ 258,946   
  

 

 

   

 

 

   

 

 

 

The Corporation maintains an allowance for deferred costs related to supply agreements of $8.4 million, $10.0 million and $10.3 million at August 24, 2012, February 29, 2012 and August 26, 2011, respectively. This allowance is included in “Other assets” in the Consolidated Statement of Financial Position.