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Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 23, 2018
Feb. 24, 2017
ASSETS    
Cash and cash equivalents $ 283.1 $ 197.1
Short-term investments 0.0 73.4
Accounts receivable, net of allowances of $11.1 and $11.2 300.3 307.6
Inventories 184.6 163.1
Prepaid expenses 19.2 19.1
Assets Held-for-sale, Not Part of Disposal Group, Current 13.4 0.0
Other current assets 53.3 58.9
Total current assets 853.9 819.2
Property, plant and equipment, net of accumulated depreciation of $998.1 and $959.6 435.1 408.1
Company-owned life insurance (COLI) 172.2 168.8
Deferred income taxes 135.4 179.6
Goodwill 138.2 106.7
Other intangible assets, net of accumulated amortization of $44.6 and $43.2 45.6 16.8
Investments in unconsolidated affiliates 48.4 50.5
Other assets 30.4 42.3
Total assets 1,859.2 1,792.0
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 223.1 216.8
Short-term borrowings and current portion of long-term debt 2.8 2.8
Accrued expenses:    
Employee compensation 145.0 154.3
Employee benefit plan obligations 39.2 35.0
Accrued promotions 25.5 19.0
Customer deposits 28.2 15.9
Product warranties 18.1 20.4
Other 72.8 59.2
Total current liabilities 554.7 523.4
Long-term liabilities:    
Long-term debt less current maturities 292.2 294.6
Employee benefit plan obligations 130.8 134.3
Other long-term liabilities 68.2 73.2
Total long-term liabilities 491.2 502.1
Total liabilities 1,045.9 1,025.5
Shareholders' equity:    
Additional paid-in capital 4.6 0.0
Accumulated other comprehensive loss (10.3) (50.6)
Retained earnings 819.0 817.1
Total shareholders’ equity 813.3 766.5
Total liabilities and shareholders’ equity 1,859.2 1,792.0
Preferred Stock [Member]    
Shareholders' equity:    
Preferred stock-no par value; 50,000,000 shares authorized, none issued and outstanding 0.0 0.0
Class A Common Stock-no par value; 475,000,000 shares authorized, 85,728,770 and 85,975,298 issued and outstanding [Member]    
Shareholders' equity:    
Common stock 0.0 0.0
Total shareholders’ equity 0.0 0.0
Class B Common Stock-no par value; 475,000,000 shares authorized, 30,428,673 and 31,348,049 issued and outstanding [Member]    
Shareholders' equity:    
Common stock 0.0 0.0
Total shareholders’ equity $ 0.0 $ 0.0