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Employee Benefit Plan Obligations Employee Benefit Plan Obligation (Tables)

12 Months Ended

Feb. 26, 2021

Defined Benefit Plan Disclosure [Line Items]

Employee Benefit Plan Obligation Summary [Table Text Block]

Employee Benefit Plan Obligations (net)			February 26, 2021						February 28, 2020
Defined contribution retirement plans			$	12.1					$	28.1
Post-retirement medical benefits			42.7						44.3
Defined benefit pension plans			62.5						61.8
Deferred compensation plans and agreements			60.5						58.8
			$	177.8					$	193.0
Employee benefit plan obligations
Current portion			$	24.9					$	44.7
Long-term portion			152.9						148.3
			$	177.8					$	193.0

Schedule of Accumulated and Projected Benefit Obligations [Table Text Block]

The funded status of our defined benefit pension plans (excluding our investments in COLI policies) is as follows:

Defined Benefit Pension Plan Obligations			February 26, 2021																		February 28, 2020
			Qualified Plans						Non-qualified Supplemental Retirement Plans												Qualified Plans						Non-qualified Supplemental Retirement Plans
			Foreign															Foreign
Plan assets			$	33.2					$	—											$	31.3					$	—
Projected benefit plan obligations			53.7						32.2												49.5						33.0
Funded status			$	(20.5)					$	(32.2)											$	(18.2)					$	(33.0)
Current liability			$	(0.3)					$	(3.0)											$	(0.1)					$	(2.8)
Long-term liability			(20.2)						(29.2)												(18.1)						(30.2)
Total benefit plan obligations			$	(20.5)					$	(32.2)											$	(18.2)					$	(33.0)
Accumulated benefit obligation			$	48.5					$	32.1											$	44.6					$	32.9

Schedule of Changes in Fair Value of Plan Assets [Table Text Block]

The following tables summarizes our defined benefit pension and post-retirement plans:

			Defined Benefit Pension Plans												Post-Retirement Plans
			February 26, 2021						February 28, 2020						February 26, 2021						February 28, 2020
Change in plan assets:
Fair value of plan assets, beginning of year			$	31.3					$	30.0					$	—					$	—
Actual return on plan assets			(0.3)						1.6						—						—
Employer contributions			4.1						4.9						3.5						4.0
Plan participants’ contributions			—						—						2.3						1.9
Currency changes			2.9						(0.3)						—						—
Benefits paid			(4.8)						(4.9)						(5.8)						(5.9)
Fair value of plan assets, end of year			33.2						31.3						—						—

Schedule of Changes in Projected Benefit Obligations [Table Text Block]

Change in benefit obligations:
Benefit plan obligations, beginning of year			82.5						76.2						44.3						40.7
Service cost			1.9						1.8						0.1						0.1
Interest cost			1.3						2.0						1.1						1.6
Amendments			0.1						—						—						—
Net actuarial loss (1)			—						8.2						0.5						5.9
Plan participants’ contributions			—						—						2.3						1.9
Currency changes			4.9						(0.8)						0.2						—
Benefits paid			(4.8)						(4.9)						(5.8)						(5.9)
Benefit plan obligations, end of year			85.9						82.5						42.7						44.3
Funded status			$	(52.7)					$	(51.2)					$	(42.7)					$	(44.3)

Schedule of Amounts Recognized in Balance Sheet [Table Text Block]

Amounts recognized on the Consolidated Balance Sheets:
Current liability			$	(3.3)					$	(2.9)					$	(3.6)					$	(3.3)
Long-term liability			(49.4)						(48.3)						(39.1)						(41.0)
Net amount recognized			$	(52.7)					$	(51.2)					$	(42.7)					$	(44.3)

Schedule of Changes in Accumulated Postemployment Benefit Obligations [Table Text Block]

Amounts recognized in accumulated other comprehensive income (loss) —pretax:
Actuarial loss (gain)			$	21.9					$	20.3					$	(11.1)					$	(13.6)
Prior service cost			0.9						0.7						—						—
Total amounts recognized in accumulated other comprehensive income (loss) —pretax			$	22.8					$	21.0					$	(11.1)					$	(13.6)

Schedule of Net Benefit Costs [Table Text Block]

			Pension Plans																		Post-Retirement Plans
			Year Ended																		Year Ended
			February 26, 2021						February 28, 2020						February 22, 2019						February 26, 2021						February 28, 2020						February 22, 2019
Components of expense:
Service cost			$	1.9					$	1.8					$	2.2					$	0.1					$	0.1					$	0.1
Interest cost			1.3						2.0						2.1						1.1						1.6						1.6
Amortization of net loss (gain)			1.1						0.4						0.3						(2.1)						(3.3)						(3.8)
Amortization of prior year service credit			—						(0.1)						(0.2)						—						—						(2.2)
Expected return on plan assets			(0.9)						(1.3)						(1.5)						—						—						—
Net expense (credit) recognized in Consolidated Statements of Income			3.4						2.8						2.9						(0.9)						(1.6)						(4.3)
Other changes in plan assets and benefit obligations recognized in other comprehensive income (pre-tax):
Net actuarial loss (gain)			1.2						7.9						1.0						0.5						5.9						(0.8)
Prior service cost			0.1						—						1.0						—						—						—
Amortization of gain (loss)			(1.1)						(0.4)						(0.3)						2.1						3.4						3.8
Amortization of prior year service credit			—						0.1						0.2						—						—						2.2
Other			—						—						—						—						—						0.1
Total recognized in other comprehensive income			0.2						7.6						1.9						2.6						9.3						5.3
Total recognized in net periodic benefit cost and other comprehensive income (pre-tax)			$	3.6					$	10.4					$	4.8					$	1.7					$	7.7					$	1.0

Pension and Other Post-Retirement Liability Adjustments [Table Text Block]

Pension and Other Post-Retirement Accumulated Other Comprehensive Income (Loss) Changes			Before Tax Amount						Tax (Expense) Benefit						Net of Tax Amount
Balance as of February 22, 2019			$	9.5					$	0.2					$	9.7
Amortization of prior service cost (credit) included in net periodic pension cost			(0.1)						—						(0.1)
Net prior service (cost) credit during period			(0.1)						—						(0.1)
Net actuarial gain (loss) arising during period			(13.9)						3.4						(10.5)
Amortization of net actuarial (gain) loss included in net periodic pension cost			(3.0)						0.7						(2.3)
Net actuarial gain (loss) during period			(16.9)						4.1						(12.8)
Foreign currency translation adjustments			0.1						—						0.1
Current period change			(16.9)						4.1						(12.8)
Balance as of February 28, 2020			$	(7.4)					$	4.3					$	(3.1)
Prior service (cost) credit from plan amendment arising during period			(0.1)						—						(0.1)
Net prior service (cost) credit during period			(0.1)						—						(0.1)
Net actuarial gain (loss) arising during period			(1.7)						0.3						(1.4)
Amortization of net actuarial (gain) loss included in net periodic pension cost			(1.1)						0.3						(0.8)
Net actuarial gain (loss) during period			(2.8)						0.6						(2.2)
Foreign currency translation adjustments			(1.4)						0.2						(1.2)
Current period change			(4.3)						0.8						(3.5)
Balance as of February 26, 2021			$	(11.7)					$	5.1					$	(6.6)

Defined Benefit Plan, Assumptions [Table Text Block]

Weighted-Average Assumptions			Pension Plans																		Post-Retirement Plans
			Year Ended																		Year Ended
			February 26, 2021						February 28, 2020						February 22, 2019						February 26, 2021						February 28, 2020						February 22, 2019
Weighted-average assumptions used to determine benefit obligations:
Discount rate			1.70		%				1.70		%				2.90		%				2.58		%				2.58		%				4.08		%
Rate of salary progression			3.50		%				3.50		%				3.60		%
Weighted-average assumptions used to determine net periodic benefit cost:
Discount rate			1.70		%				2.70		%				2.90		%				2.56		%				4.06		%				3.95		%
Expected return on plan assets			3.00		%				3.00		%				4.60		%
Rate of salary progression			3.40		%				3.50		%				3.40		%

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]

Schedule of Allocation of Plan Assets [Table Text Block]

Asset Category			February 26, 2021												February 28, 2020
			Actual Allocations						Target Allocations						Actual Allocations						Target Allocations
Equity securities			70		%				40		%				60		%				40		%
Debt securities			25						30						35						30
Real estate			4						—						4						—
Other (1)			1						30						1						30
Total			100		%				100		%				100		%				100		%

________________________

(1)Primarily represents money market funds.

The fair value of the pension plan assets as of February 26, 2021 and February 28, 2020, by asset category are as follows:

Fair Value of Pension Plan Assets			February 26, 2021
			Level 1						Level 2						Level 3						Total
Cash and cash equivalents			$	0.2					$	—					$	—					$	0.2
Equity securities - International			—						23.5						—						23.5
Fixed income securities - Bond funds			—						8.3						—						8.3
Other investments - Property and property funds			—						1.2						—						1.2
			$	0.2					$	33.0					$	—					$	33.2

Fair Value of Pension Plan Assets			February 28, 2020
			Level 1						Level 2						Level 3						Total
Cash and cash equivalents			$	0.2					$	—					$	—					$	0.2
Equity securities - International			—						18.9						—						18.9
Fixed income securities - Bond funds			—						11.1						—						11.1
Other investments - Property and property funds			—						1.1						—						1.1
			$	0.2					$	31.1					$	—					$	31.3

There were no transfers between Level 1 and Level 2 of the fair value hierarchy for any periods presented.

Schedule of Expected Benefit Payments [Table Text Block]

The estimated future benefit payments under our pension and post-retirement plans are as follows:

Fiscal Year Ending in February			Pension Plans						Post-retirement Plans
															2022			$	4.2					$	3.6
2023			4.8						3.5
2024			4.9						3.4
2025			4.4						3.3
2026			5.2						3.2
2027 - 2031			21.7						13.8

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