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Lines of Credit
3 Months Ended
May 28, 2011
Lines of Credit  
Lines of Credit

10) Lines of Credit

 

At May 28, 2011, the Company maintained two uncommitted lines of credit of $100 million each, with expiration dates of September 2, 2011 and February 29, 2012, respectively. These uncommitted lines of credit are currently and are expected to be used for letters of credit in the ordinary course of business. During the first three months of fiscal 2011, the Company did not have any direct borrowings under the uncommitted lines of credit. Although no assurances can be provided, the Company intends to renew both uncommitted lines of credit before the respective expiration dates.