Equity

12 Months Ended

Feb. 28, 2025

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss) during 2025 and 2024:


	Unrealized gain (loss) on investment		Pension and other post-retirement liability adjustments		Derivative amortization		Foreign currency translation adjustments			Total




Balance as of February 24, 2023	$	(0.1)	$	9.3	$	(5.7)		$	(76.0)		$	(72.5)
Other comprehensive income (loss) before reclassifications	0.5		(1.7)		—			7.5			6.3
Amounts reclassified from accumulated other comprehensive income (loss)	—		(1.7)		1.0			—			(0.7)
Net other comprehensive income (loss) during period	0.5		(3.4)		1.0			7.5			5.6
Balance as of February 23, 2024	$	0.4	$	5.9	$	(4.7)		$	(68.5)		$	(66.9)
Other comprehensive income (loss) before reclassifications	0.6		(1.0)		—			(7.4)			(7.8)
Amounts reclassified from accumulated other comprehensive income (loss) (1)	—		10.3		0.9			—			11.2
Net other comprehensive income (loss) during period	0.6		9.3		0.9			(7.4)			3.4
Balance as of February 28, 2025	$	1.0	$	15.2	$	(3.8)		$	(75.9)		$	(63.5)

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(1)Pension and other post-retirement liability adjustments include an $11.8 settlement charge, net of tax, related to the annuitization of our defined benefit pension plan in the U.K. See Note 14 to the consolidated financial statements for additional information.

The following table provides details about reclassifications out of accumulated other comprehensive income (loss) during 2025 and 2024:


Detail of Accumulated Other Comprehensive Income (Loss) Components	Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)				Affected Line in the Consolidated Statements of Income
	Year Ended
	February 28, 2025		February 23, 2024



Amortization of pension and other post-retirement actuarial losses (gains) (1)	$	12.4	$	(2.3)	Other income (expense), net
Prior service cost	0.8		—		Other income (expense), net

Income tax expense (benefit) (1)	(2.9)		0.6		Income tax expense
	10.3		(1.7)

Derivative amortization	1.3		1.3		Interest expense
Income tax benefit	(0.4)		(0.3)		Income tax expense
	0.9		1.0





Total reclassifications	$	11.2	$	(0.7)

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(1)Amortization of pension and other post-retirement actuarial losses (gains) includes a $15.2 non-cash pension settlement charge in Other income (expense), net and a $3.4 discrete tax benefit in Income tax expense related to the annuitization of our U.K. defined benefit pension plan. See Note 14 to the consolidated financial statements for additional information.