Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Nov. 27, 2020

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss) for the three months ended November 27, 2020:


	Unrealized gain (loss) on investments		Pension and other post-retirement liability adjustments		Derivative amortization		Foreign currency translation adjustments		Total
Balance as of August 28, 2020	$	(0.2)	$	(3.9)	$	(8.2)	$	(44.0)	$	(56.3)
Other comprehensive income (loss) before reclassifications	0.3		(0.1)		—		7.2		7.4
Amounts reclassified from accumulated other comprehensive income (loss)	—		(0.2)		0.3		—		0.1
Net current period other comprehensive income (loss)	0.3		(0.3)		0.3		7.2		7.5
Balance as of November 27, 2020	$	0.1	$	(4.2)	$	(7.9)	$	(36.8)	$	(48.8)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss) for the nine months ended November 27, 2020:


	Unrealized gain (loss) on investments		Pension and other post-retirement liability adjustments		Derivative amortization		Foreign currency translation adjustments		Total
Balance as of February 28, 2020	$	(0.1)	$	(3.1)	$	(8.6)	$	(57.5)	$	(69.3)
Other comprehensive income (loss) before reclassifications	0.2		(0.4)		—		20.7		20.5
Amounts reclassified from accumulated other comprehensive income (loss)	—		(0.7)		0.7		—		—
Net current period other comprehensive income (loss)	0.2		(1.1)		0.7		20.7		20.5
Balance as of November 27, 2020	$	0.1	$	(4.2)	$	(7.9)	$	(36.8)	$	(48.8)

The following table provides details about reclassifications out of accumulated other comprehensive income (loss) for the three and nine months ended November 27, 2020 and November 22, 2019:


Detail of Accumulated Other Comprehensive Income (Loss) Components	Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)						Affected Line in the Condensed Consolidated Statements of Income
	Three Months Ended				Nine Months Ended
	November 27, 2020		November 22, 2019			November 27, 2020			November 22, 2019
Amortization of pension and other post-retirement liability adjustments
Actuarial losses (gains)	$	(0.3)	$	(0.8)			$	(0.9)		$	(2.3)	Other income, net
Prior service cost (credit)	—		(0.1)				(0.1)			(0.2)		Other income, net
	0.1		0.4				0.3			0.7		Income tax expense (benefit)
	(0.2)		(0.5)				(0.7)			(1.8)

Derivative amortization	0.4		0.4				1.0			1.0		Interest expense
	(0.1)		(0.1)				(0.3)			(0.3)		Income tax expense (benefit)
	0.3		0.3				0.7			0.7

Realized gain on sale of investment	—		—				—			(0.7)		Investment income
	—		—				—			0.2		Income tax expense (benefit)
	—		—				—			(0.5)

Total reclassifications	$	0.1	$	(0.2)			$	—		$	(1.6)