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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Feb. 25, 2017
Feb. 27, 2016
Feb. 28, 2015
Cash Flows from Operating Activities:      
Net earnings $ 685,108 $ 841,489 $ 957,474
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 290,914 273,947 239,193
Stock-based compensation 71,911 66,965 66,539
Excess tax benefit from stock-based compensation (1,483) (10,370) (14,561)
Deferred income taxes 24,878 56,997 (22,295)
Other (1,032) 398 (2,244)
(Increase) decrease in assets, net of effect of acquisitions:      
Merchandise inventories (38,493) (121,748) (161,506)
Trading investment securities (18,780) (2,270) (9,530)
Other current assets (18,464) (16,171) 19,012
Other assets (14,480) (27,904) (254)
Increase (decrease) in liabilities, net of effect of acquisitions:      
Accounts payable 49,458 (48,148) 44,563
Accrued expenses and other current liabilities (8,586) 6,694 18,494
Merchandise credit and gift card liabilities 11,390 (7,872) 22,520
Income taxes payable (8,307) (15,036) 17,656
Deferred rent and other liabilities 17,754 15,213 3,428
Net cash provided by operating activities 1,041,788 1,012,184 1,178,489
Cash Flows from Investing Activities:      
Purchase of held-to-maturity investment securities 0 (103,017) (298,094)
Redemption of held-to-maturity investment securities 86,240 126,875 677,500
Redemption of available-for-sale investment securities 28,905
Capital expenditures (373,574) (328,395) (330,637)
Investment in unconsolidated joint venture (3,318) 0
Payment for acquisitions, net of cash acquired (201,277)
Net cash (used in) provided by investing activities (491,929) (275,632) 48,769
Cash Flows from Financing Activities:      
Proceeds from exercise of stock options 20,424 9,109 41,197
Proceeds from issuance of senior unsecured notes 1,500,000
Payment of deferred financing costs (10,092)
Payment of other liabilities (7,646)
Excess tax benefit from stock-based compensation 1,483 10,370 14,561
Payment of dividends (55,612) 0
Repurchase of common stock, including fees (547,022) (1,100,585) (2,250,597)
Net cash used in financing activities (580,727) (1,088,752) (704,931)
Effect of exchange rate changes on cash and cash equivalents 3,624 (7,801) (13,269)
Net (decrease) increase in cash and cash equivalents (27,244) (360,001) 509,058
Cash and cash equivalents:      
Beginning of period 515,573 875,574 366,516
End of period $ 488,329 $ 515,573 $ 875,574