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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 27, 2015
Feb. 27, 2015
ASSETS    
Cash and cash equivalents $ 150.3 $ 176.5
Short-term investments 115.4 68.3
Accounts receivable, net of allowances of $13.2 and $14.6 346.6 325.6
Inventories 181.1 166.2
Deferred income taxes 50.0 46.4
Prepaid expense 19.2 16.5
Other current assets 51.1 55.5
Total current assets 913.7 855.0
Property, plant and equipment, net of accumulated depreciation of $942.9 and $1,055.9 403.1 389.5
Company-owned life insurance 162.9 159.5
Deferred income taxes 95.1 100.1
Goodwill 106.6 107.2
Other intangible assets, net of accumulated amortization of $41.9 and $41.1 14.2 14.7
Investments in unconsolidated affiliates 60.8 59.1
Other assets 35.0 34.5
Total assets 1,791.4 1,719.6
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 230.5 215.0
Short-term borrowings and current maturities of long-term debt 3.0 2.5
Accrued expenses:    
Employee compensation 145.3 151.9
Employee benefit plan obligations 29.1 29.4
Customer deposits 24.1 25.1
Product warranties 24.7 22.4
Other 109.6 99.0
Total current liabilities 566.3 545.3
Long-term liabilities:    
Long-term debt less current maturities 297.1 279.6
Employee benefit plan obligations 157.1 158.2
Other long-term liabilities 64.4 72.7
Total long-term liabilities 518.6 510.5
Total liabilities 1,084.9 1,055.8
Shareholders' equity:    
Common stock 0.0 0.0
Additional paid-in capital 14.6 5.0
Accumulated other comprehensive loss (46.0) (29.4)
Retained earnings 737.9 688.2
Total shareholders' equity 706.5 663.8
Total liabilities and shareholders' equity $ 1,791.4 $ 1,719.6