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Inventories

3 Months Ended

May 25, 2012

INVENTORIES



Inventories	May 25, 2012			February 24, 2012
Raw materials	$	59.9		$	59.1
Work-in-process	18.6			18.2
Finished goods	90.9			84.0
	169.4			161.3
LIFO reserve	(21.9		)	(21.8		)
	$	147.5		$	139.5

The portion of inventories determined by the LIFO method was $65.3 as of May 25, 2012 and $58.8 as of February 24, 2012.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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