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Deferred Costs
9 Months Ended
Nov. 23, 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)    November 23, 2012     February 29, 2012     November 25, 2011  

Prepaid expenses and other

   $ 98,211      $ 94,071      $ 93,553   

Other assets

     346,056        395,397        307,611   
  

 

 

   

 

 

   

 

 

 

Deferred cost assets

     444,267        489,468        401,164   

Other current liabilities

     (43,654     (45,891     (58,950

Other liabilities

     (124,353     (137,360     (64,154
  

 

 

   

 

 

   

 

 

 

Deferred cost liabilities

     (168,007     (183,251     (123,104
  

 

 

   

 

 

   

 

 

 

Net deferred costs

   $ 276,260      $ 306,217      $ 278,060   
  

 

 

   

 

 

   

 

 

 

The Corporation maintains an allowance for deferred costs related to supply agreements of $7.8 million, $10.0 million and $10.0 million at November 23, 2012, February 29, 2012 and November 25, 2011, respectively. This allowance is included in “Other assets” in the Consolidated Statement of Financial Position.