XML 83 R65.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Goodwill & Other Intangible Assets Goodwill (Details) - USD ($)
$ in Millions
 12 Months Ended
Feb. 23, 2024
Feb. 24, 2023
Feb. 25, 2022
Goodwill [Roll Forward]      
Goodwill, Acquired During Period   $ 36.8  
Goodwill, Other Increase (Decrease) $ (2.5) (0.9)  
Currency translation adjustments 0.5 $ (1.9)  
Goodwill, Change in Goodwill Allocation, Description   —  
Goodwill 596.3 $ 598.3  
Accumulated impairment losses (321.5) (321.5)  
Goodwill, net 274.8 276.8 $ 242.8
Schedule Of Intangible Assets By Major ClassLine Items [Line Items]      
Finite-lived intangible assets, gross 209.5 208.7  
Finite-lived intangible assets, accumulated amortization 115.0 97.6  
Finite-lived intangible assets, net 94.5 111.1  
Indefinite-lived intangible assets, gross 0.1 0.1  
Indefinite-lived intangible assets, accumulated amortization 0.0 0.0  
Indefinite-lived intangible assets, net 0.1 0.1  
Other intangible assets, gross 209.6 208.8  
Other intangible assets, net 94.6 111.2  
Intangible assets amortization expense 17.2 22.8 14.8
Estimated Amortization Expense, Fiscal Year Maturity [Abstract]      
Finite-Lived Intangible Asset, Expected Amortization, Year One 17.4    
Finite-Lived Intangible Asset, Expected Amortization, Year Two 17.1    
Finite-Lived Intangible Asset, Expected Amortization, Year Three 17.1    
Finite-Lived Intangible Asset, Expected Amortization, Year Four 13.9    
Finite-Lived Intangible Asset, Expected Amortization, Year Five 11.0    
Finite-Lived Intangible Assets, Amortization Expense, Next Five Years 76.5    
Americas [Member]      
Goodwill [Roll Forward]      
Goodwill, Acquired During Period [1]   36.6  
Goodwill, Other Increase (Decrease) (2.5) [2] (0.9) [3]  
Currency translation adjustments 0.3 $ (0.5)  
Goodwill, Change in Goodwill Allocation, Description [4]   15.2  
Goodwill 292.7 $ 294.9  
Accumulated impairment losses (26.6) (26.6)  
Goodwill, net 266.1 268.3 217.9
International      
Goodwill [Roll Forward]      
Goodwill, Acquired During Period [5]   0.2  
Goodwill, Other Increase (Decrease) 0.0 0.0  
Currency translation adjustments 0.2 $ (1.4)  
Goodwill, Change in Goodwill Allocation, Description [4]   (15.2)  
Goodwill 303.6 $ 303.4  
Accumulated impairment losses (294.9) (294.9)  
Goodwill, net 8.7 8.5 $ 24.9
Dealer relationships [Member]      
Schedule Of Intangible Assets By Major ClassLine Items [Line Items]      
Finite-lived intangible assets, gross 84.9 83.8 [6]  
Finite-lived intangible assets, accumulated amortization 36.0 27.6 [6]  
Finite-lived intangible assets, net $ 48.9 56.2 [6]  
Dealer relationships [Member] | Weighted Average      
Estimated Amortization Expense, Fiscal Year Maturity [Abstract]      
Finite-Lived Intangible Asset, Useful Life 10 years 9 months    
Trademarks [Member]      
Schedule Of Intangible Assets By Major ClassLine Items [Line Items]      
Finite-lived intangible assets, gross $ 60.5 59.6 [6]  
Finite-lived intangible assets, accumulated amortization 35.9 30.6 [6]  
Finite-lived intangible assets, net $ 24.6 29.0 [6]  
Trademarks [Member] | Weighted Average      
Estimated Amortization Expense, Fiscal Year Maturity [Abstract]      
Finite-Lived Intangible Asset, Useful Life 8 years 11 months    
Know-How/Design [Member]      
Schedule Of Intangible Assets By Major ClassLine Items [Line Items]      
Finite-lived intangible assets, gross $ 35.8 35.5 [6]  
Finite-lived intangible assets, accumulated amortization 15.9 11.8 [6]  
Finite-lived intangible assets, net $ 19.9 23.7 [6]  
Know-How/Design [Member] | Weighted Average      
Estimated Amortization Expense, Fiscal Year Maturity [Abstract]      
Finite-Lived Intangible Asset, Useful Life 9 years    
Patented Technology [Member]      
Schedule Of Intangible Assets By Major ClassLine Items [Line Items]      
Finite-lived intangible assets, gross $ 15.4 15.8  
Finite-lived intangible assets, accumulated amortization 14.3 14.3  
Finite-lived intangible assets, net $ 1.1 1.5  
Patented Technology [Member] | Weighted Average      
Estimated Amortization Expense, Fiscal Year Maturity [Abstract]      
Finite-Lived Intangible Asset, Useful Life 9 years 10 months    
Other Intangible Assets [Member]      
Schedule Of Intangible Assets By Major ClassLine Items [Line Items]      
Finite-lived intangible assets, gross $ 12.9 [7] 14.0 [6],[8],[9]  
Finite-lived intangible assets, accumulated amortization 12.9 [7] 13.3 [6],[8],[9]  
Finite-lived intangible assets, net $ 0.0 [7] $ 0.7 [6],[8],[9]  
Other Intangible Assets [Member] | Weighted Average      
Estimated Amortization Expense, Fiscal Year Maturity [Abstract]      
Finite-Lived Intangible Asset, Useful Life 3 years 8 months    
[1] In 2023, we acquired HALCON resulting in a goodwill addition in the Americas segment. See Note 19 for additional information.
[2] In 2024, we sold a consolidated dealer, resulting in a decrease to goodwill in the Americas segment.
[3] In 2023, we sold a consolidated dealer, resulting in a decrease to goodwill in the Americas segment.
[4] In 2023, we reallocated $15.2 of goodwill from the International segment to the Americas segment corresponding to a portion of the goodwill recognized in the acquisition of Viccarbe. The reallocation was triggered by changes in our management structure and allocation of resources to the Viccarbe business post-acquisition. The amount of the reallocation was based on the relative fair value of the Viccarbe business reported within the Americas segment. We performed an impairment test immediately prior to and subsequent to the reallocation of goodwill and concluded no impairment existed.
[5] In 2023, we finalized the purchase accounting for Viccarbe, which was acquired in 2022, resulting in additional goodwill in the International segment. See Note 19 for additional information.
[6] In 2023, we acquired HALCON, resulting in an increase of intangible assets in the Americas segment. See Note 19 for additional information.
[7] In 2024, we sold a consolidated dealer, resulting in a decrease of intangible assets in the Americas segment.
[8] In 2023, we sold a consolidated dealer, resulting in a decrease of intangible assets in the Americas segment.
[9] In 2023, we wrote off certain fully amortized assets as they were no longer in use, resulting in a decrease of intangible assets in the Americas and International segments.