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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 25, 2017
Feb. 24, 2017
ASSETS    
Cash and cash equivalents $ 139.3 $ 197.1
Short-term investments 64.8 73.4
Accounts receivable, net of allowances of $12.0 and $11.2 340.9 307.6
Inventories 173.5 163.1
Prepaid expense 26.2 19.1
Other current assets 48.5 58.9
Total current assets 793.2 819.2
Property, plant and equipment, net of accumulated depreciation of $996.7 and $959.6 429.2 408.1
Company-owned life insurance 168.8 168.8
Deferred income taxes 189.1 179.6
Goodwill 107.1 106.7
Other intangible assets, net of accumulated amortization of $45.0 and $43.2 16.4 16.8
Investments in unconsolidated affiliates 50.1 50.5
Other assets 21.2 42.3
Total assets 1,775.1 1,792.0
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 223.7 216.8
Short-term borrowings and current maturities of long-term debt 2.8 2.8
Accrued expenses:    
Employee compensation 102.6 154.3
Employee benefit plan obligations 23.6 35.0
Accrued promotions 25.9 19.0
Customer deposits 20.2 15.9
Product warranties 18.6 20.4
Other 67.9 59.2
Total current liabilities 485.3 523.4
Long-term liabilities:    
Long-term debt less current maturities 293.3 294.6
Employee benefit plan obligations 134.3 134.3
Other long-term liabilities 67.3 73.2
Total long-term liabilities 494.9 502.1
Total liabilities 980.2 1,025.5
Shareholders' equity:    
Common stock 0.0 0.0
Additional paid-in capital 0.0 0.0
Accumulated other comprehensive loss (28.5) (50.6)
Retained earnings 823.4 817.1
Total shareholders' equity 794.9 766.5
Total liabilities and shareholders' equity $ 1,775.1 $ 1,792.0