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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Feb. 28, 2025
Feb. 23, 2024
Feb. 24, 2023
Feb. 25, 2022
OPERATING ACTIVITIES        
Net income $ 120.7 $ 81.1 $ 35.3  
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 80.8 83.6 90.0  
Restructuring costs 10.8 22.5 19.2  
Gains on sales of fixed assets, net (41.0) (10.9) (12.9)  
Increase (Decrease) in Income Taxes (56.7) 2.1 (1.0)  
Share-based compensation 24.5 26.0 21.8  
Other 11.2 (17.1) 0.0  
Changes in operating assets and liabilities, net of acquisitions, divestures, and deconsolidations:        
Accounts receivable 11.8 21.7 (43.7)  
Inventories (16.3) 88.3 12.0  
Increase (Decrease) in Cloud computing arrangements expenditures (46.3) (7.9) 0.0  
Income taxes receivable 3.7 (6.2) 36.4  
Other assets (5.2) 0.4 (6.8)  
Accounts payable 17.1 9.9 (39.3)  
Employee compensation liabilities 16.6 31.1 29.4  
Increase (Decrease) in Income Taxes Payable 19.6 (2.3) (2.7)  
Increase (Decrease) in Contract with Customer, Liability (1.4) (4.1) (24.9)  
Accrued expenses and other liabilities (1.4) (9.5) (23.4)  
Net cash provided by operating activities 148.5 308.7 89.4  
INVESTING ACTIVITIES        
Capital expenditures (47.1) (47.1) (59.1)  
Proceeds from disposal of fixed assets 44.4 49.4 9.9  
Payments to Acquire Short-term Investments (48.4) 0.0 0.0  
Proceeds from Sale of Short-Term Investments 7.5 0.0 0.0  
Acquisition, net of cash acquired 0.0 0.0 (105.3)  
Other 8.8 3.8 19.7  
Net cash provided by (used in) investing activities (34.8) 6.1 (134.8)  
FINANCING ACTIVITIES        
Dividends paid (47.6) (47.6) (57.3)  
Common stock repurchases (36.4) (4.2) (3.9)  
Borrowings on global committed bank facility 0.0 69.0 565.2  
Repayments on global committed bank facility 0.0 (69.0) (565.2)  
Repayments on note payable 0.0 (32.2) (2.7)  
Other 0.0 (1.9) 1.0  
Net cash used in financing activities (84.0) (85.9) (62.9)  
Effect of exchange rate changes on cash and cash equivalents (1.8) (0.2) (1.5)  
Net increase (decrease) in cash, cash equivalents and restricted cash 27.9 228.7 (109.8)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 353.8 [1] 325.9 [1],[2] 97.2 [1],[2] $ 207.0 [2]
Restricted Cash 7.5 7.3 6.8 $ 6.1
Supplemental Cash Flow Information:        
Income taxes paid, net of refunds received 47.2 33.1 (16.6)  
Interest paid, net of amounts capitalized $ 23.1 $ 24.0 $ 26.2  
[1] These amounts include restricted cash of $7.5, $7.3 and $6.8 as of February 28, 2025, February 23, 2024 and February 24, 2023, respectively.
[2] These amounts include restricted cash of $7.3, $6.8 and $6.1 as of February 23, 2024, February 24, 2023 and February 25, 2022, respectively.