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Inventories

9 Months Ended

Nov. 22, 2013

INVENTORIES



Inventories	November 22, 2013		February 22, 2013
Raw materials	$	67.2	$	58.7
Work-in-process	13.5		13.2
Finished goods	102.1		87.0
	182.8		158.9
Less LIFO reserve	21.7		21.4
	$	161.1	$	137.5

The portion of inventories determined by the LIFO method was $71.4 as of November 22, 2013 and $70.2 as of February 22, 2013.

- 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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