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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
May 28, 2021
May 29, 2020
OPERATING ACTIVITIES    
Net loss $ (28.1) $ (38.1)
Depreciation and amortization 20.7 22.5
Goodwill, Impairment Loss 0.0 17.6
Increase (Decrease) in Deferred Income Taxes (2.3) 12.4
Non-cash stock compensation 13.1 8.0
Equity in income of unconsolidated affiliates (1.3) (1.8)
Dividends received from unconsolidated affiliates 1.5 0.7
Other (2.6) (2.8)
Changes in operating assets and liabilities net of acquisitions:    
Accounts receivable 10.1 115.8
Inventories (34.2) (32.8)
Other assets (14.1) (28.0)
Accounts payable 17.8 (87.8)
Employee compensation liabilities (36.0) (137.2)
Employee benefit obligations (18.1) (33.2)
contract with customer, increases in liability due to deposits received 8.4 94.9
Accrued Liabilities and Other Operating Liabilities 1.5 (3.6)
Net cash provided by operating activities (63.6) (93.4)
INVESTING ACTIVITIES    
Capital expenditures (18.4) (9.4)
Other 5.4 6.7
Net cash provided by (used in) investing activities (13.0) (2.7)
FINANCING ACTIVITIES    
Dividends paid (12.1) (8.4)
Common stock repurchases (4.3) (42.3)
Proceeds from Lines of Credit 0.0 250.0
Repayments of Lines of Credit 0.0 (5.0)
Proceeds from (Payments for) Other Financing Activities 0.4 0.6
Net cash used in financing activities (16.8) 193.7
Effect of exchange rate changes on cash and cash equivalents 0.3 (1.3)
Net increase (decrease) in cash, cash equivalents and restricted cash (93.1) 96.3
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [1] 495.6 547.1
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [2] 402.5 643.4
Restricted Cash $ 5.3 $ 5.9
Document Period End Date May 28, 2021  
Fair Value, Recurring [Member]    
Restricted Cash $ 5.3  
[1] These amounts include restricted cash of $5.8 and $6.1 as of February 26, 2021 and February 28, 2020, respectively.
[2] These amounts include restricted cash of $5.3 and $5.9 as of May 28, 2021 and May 29, 2020, respectively.Restricted cash primarily represents funds held in escrow for potential future workers’ compensation and product liability claims.  Restricted cash is included as part of Other assets in the Condensed Consolidated Balance Sheets.