XML 55 R36.htm IDEA: XBRL DOCUMENT v3.25.1
Accounting Policies (Tables) - USD ($)
$ in Millions
12 Months Ended
Feb. 28, 2025
Feb. 23, 2024
Feb. 24, 2023
Accounting Policies [Abstract]      
Supplier Finance Program, Obligation $ 0.6 $ 0.1 $ 0.5
Supplier Finance Program, Obligation, Addition 5.1 8.0  
Supplier Finance Program, Obligation, Settlement $ 4.6 $ 8.4  
Net Reserve for Estimated Domestic Workers' Compensation Claim [Table Text Block]
Net Reserve for Estimated Domestic Workers' Compensation ClaimsYear Ended
February 28, 2025February 23, 2024
Assets:
Long-term - Other assets
$1.6 $1.7 
Liabilities:
Current - Other current liabilities
1.7 1.3 
Long-term - Other long-term liabilities
4.2 5.2 
5.9 6.5 
Net reserve$4.3 $4.8 
The Other assets balance represents the portion of claims expected to be paid by a third party insurance provider.
   
Net Reserve for Estimated Product Liability Claims [Table Text Block]
Net Reserve for Estimated Product Liability ClaimsYear Ended
February 28, 2025February 23, 2024
Assets:
Long-term - Other assets
$0.2 $0.3 
Liabilities:
Current - Other current liabilities
0.2 0.2 
Long-term - Other long-term liabilities
0.8 1.0 
1.0 1.2 
Net reserve$0.8 $0.9 
The Other assets balance represents the portion of claims expected to be paid by a third party insurance provider.
   
Schedule of Product Warranty Liability [Table Text Block]
Roll-Forward of Accrued Liability for Product WarrantiesYear Ended
February 28,
2025
February 23,
2024
Balance as of beginning of period$33.7 $28.6 
Accruals related to product warranties, recalls and retrofits23.3 28.5 
Reductions for settlements(24.4)(23.5)
Currency translation adjustments(0.1)0.1 
Balance as of end of period$32.5 $33.7 
   
Environmental Exit Costs by Cost [Table Text Block]
Environmental ContingenciesYear Ended
February 28, 2025February 23, 2024
Current - Other current liabilities
$1.8 $0.6 
Long-term - Other long-term liabilities
3.1 2.3 
Total environmental contingencies (discounted)$4.9 $2.9 
   
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
Assets and liabilities related to foreign exchange forward contracts as of February 28, 2025 and February 23, 2024 are summarized below:
Net Fair Value of Foreign Exchange Forward ContractsFebruary 28,
2025
February 23,
2024
Assets:
Current - Other current assets
$0.8 $0.7 
Long-term - Other assets
— 0.1 
Liabilities:
Current - Other current liabilities
(1.4)(0.5)
Total net fair value of foreign exchange forward contracts (1)$(0.6)$0.3 
________________________
(1)The notional amounts of the outstanding foreign exchange forward contracts were $90.7 as of February 28, 2025 and $94.0 as of February 23, 2024.
   
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]
Net gains (losses) recognized from settled foreign exchange forward contracts in 2025, 2024 and 2023 are summarized below:
Gain (Loss) Recognized in Consolidated Statements of IncomeYear Ended
February 28,
2025
February 23,
2024
February 24,
2023
Cost of sales$(2.2)$3.4 $2.6 
Operating expenses(0.5)0.9 0.6 
Other income (expense), net0.7 (0.5)(1.1)
Total net gain (loss)$(2.0)$3.8 $2.1 
The net gains or losses recognized from foreign exchange forward instruments in Other income (expense), net are largely offset by related foreign currency gains or losses on our intercompany loans and intercompany accounts payable.
   
Supplier Finance Program, Obligation [Roll Forward]
Below is a roll-forward of the supplier finance program obligations during 2025:
Roll-Forward of Outstanding Supplier Finance Program Obligations
Year EndedYear Ended
February 28, 2025February 23, 2024
Balance as of beginning of period$0.1 $0.5 
Recognition of new obligations5.1 8.0 
Reductions for settled obligations(4.6)(8.4)
Balance as of end of period$0.6 $0.1