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Leases (Notes) | 3 Months Ended
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May 28, 2021
Lessee, Lease, Description [Line Items] |
Leases of Lessee Disclosure [Text Block] | LEASES We have operating leases for corporate offices, sales offices, showrooms, manufacturing facilities, vehicles and equipment that expire at various dates through 2031. Certain lease agreements include contingent rental payments based on per unit usage over contractual levels (e.g., miles driven or machine hours used) and others include rental payments adjusted periodically for inflationary indexes. Additionally, some leases include options to renew or terminate the leases which can be exercised at our discretion. The components of lease expense are as follows:
| Three Months Ended |  |  |  |  |  |  |
May 28, 2021 | May 29, 2020 |  |  |  |  |  |
Operating lease cost | $ | 13.1 |  |  | $ | 13.1 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sublease rental income | (0.4) |  |  | (0.3) |  |  |  |  |  |  |  |  |  |  |  |  |  |
| $ | 12.7 |  |  | $ | 12.8 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Supplemental cash flow and other information related to leases are as follows:
| Three Months Ended |  |
May 28, 2021 | May 29, 2020 |  |
Cash flow information: |  |  |  |  |  |  |  |
Operating cash flows used for operating leases | $ | 13.4 |  |  | $ | 12.6 |  |  |  |  |  |
Leased assets obtained in exchange for new operating lease obligations | $ | 1.6 |  |  | $ | 0.5 |  |  |  |  |  |
Other information: |  |  |  |  |  |  |  |
Weighted-average remaining term | 6.5 years |  | 7.0 years |  |  |  |  |
Weighted-average discount rate | 3.8 | % |  | 4.0 | % |  |  |  |  |
The following table summarizes the future minimum lease payments as of May 28, 2021:
Fiscal year ending in February | Amount (1)
2022 | $ | 39.0 |  |
2023 | 45.5 |  |
2024 | 40.1 |  |
2025 | 37.8 |  |
2026 | 30.1 |  |
Thereafter | 72.4 |  |
Total lease payments | $ | 264.9 |  |
Less interest | 30.4 |  |
Present value of lease liabilities | $ | 234.5 |  |
_______________________________________(1)Lease payments include options to extend lease terms that are reasonably certain of being exercised. The payments exclude legally binding minimum lease payments for leases signed but not yet commenced.

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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