Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Nov. 25, 2022

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 25, 2022:


	Unrealized gain (loss) on investment		Pension and other post-retirement liability adjustments		Derivative amortization		Foreign currency translation adjustments		Total
Balance as of August 26, 2022	$	0.3	$	5.4	$	(6.2)	$	(89.3)	$	(89.8)
Other comprehensive income (loss) before reclassifications	(0.1)		(0.1)		—		8.8		8.6
Amounts reclassified from accumulated other comprehensive income (loss)	—		(0.3)		0.2		—		(0.1)
Net other comprehensive income (loss) during the period	(0.1)		(0.4)		0.2		8.8		8.5
Balance as of November 25, 2022	$	0.2	$	5.0	$	(6.0)	$	(80.5)	$	(81.3)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss) for the nine months ended November 25, 2022:


	Unrealized gain (loss) on investment		Pension and other post-retirement liability adjustments		Derivative amortization		Foreign currency translation adjustments		Total
Balance as of February 25, 2022	$	0.3	$	5.2	$	(6.7)	$	(49.4)	$	(50.6)
Other comprehensive income (loss) before reclassifications	(0.1)		0.7		—		(31.1)		(30.5)
Amounts reclassified from accumulated other comprehensive income (loss)	—		(0.9)		0.7		—		(0.2)
Net other comprehensive income (loss) during the period	(0.1)		(0.2)		0.7		(31.1)		(30.7)
Balance as of November 25, 2022	$	0.2	$	5.0	$	(6.0)	$	(80.5)	$	(81.3)

The following table provides details about reclassifications out of accumulated other comprehensive income (loss) for the three and nine months ended November 25, 2022 and November 26, 2021:


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 25, 2022		November 26, 2021		November 25, 2022		November 26, 2021

Amortization of pension and other post-retirement actuarial (gains) losses	$	(0.4)	$	(0.1)	$	(1.2)	$	(0.2)		Other income, net

Income tax expense	0.1		0.1		0.3		0.1			Income tax expense (benefit)
	(0.3)		—		(0.9)		(0.1)

Derivative amortization	0.3		0.4		1.0		1.0			Interest expense
Income tax benefit	(0.1)		(0.1)		(0.3)		(0.3)			Income tax expense (benefit)
	0.2		0.3		0.7		0.7





Total reclassifications	$	(0.1)	$	0.3	$	(0.2)	$	0.6