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Deferred Costs
9 Months Ended
Nov. 29, 2013
Text Block [Abstract]  
Deferred Costs

Note 11 – Deferred Costs

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

 

(In thousands)    November 29, 2013     February 28, 2013     November 23, 2012  

Prepaid expenses and other

   $ 103,173      $ 93,873      $ 98,211   

Other assets

     301,844        332,159        346,056   
  

 

 

   

 

 

   

 

 

 

Deferred cost assets

     405,017        426,032        444,267   

Other current liabilities

     (64,652     (61,282     (43,654

Other liabilities

     (83,100     (92,153     (124,353
  

 

 

   

 

 

   

 

 

 

Deferred cost liabilities

     (147,752     (153,435     (168,007
  

 

 

   

 

 

   

 

 

 

Net deferred costs

   $ 257,265      $ 272,597      $ 276,260   
  

 

 

   

 

 

   

 

 

 

The Corporation maintains an allowance for deferred costs related to supply agreements of $5.6 million, $7.9 million and $7.8 million at November 29, 2013, February 28, 2013 and November 23, 2012, respectively. This allowance is included in “Other assets” in the Consolidated Statement of Financial Position.