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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Nov. 24, 2017
Nov. 25, 2016
OPERATING ACTIVITIES    
Net income $ 80.7 $ 98.8
Depreciation and amortization 47.7 44.7
Deferred income taxes (6.3) 5.2
Non-cash stock compensation 15.5 16.6
Equity in income of unconsolidated affiliates (10.4) (7.3)
Dividends received from unconsolidated affiliates 7.5 7.4
Other (7.5) (6.4)
Changes in operating assets and liabilities net of acquisitions:    
Accounts receivable (35.8) (10.2)
Inventories (22.4) (14.8)
VAT recoverable 8.2 19.3
Other assets 15.5 (12.8)
Accounts payable 26.1 15.1
Employee compensation liabilities (44.2) (41.5)
Employee benefit obligations (6.2) (8.3)
Accrued expenses and other liabilities 26.7 (1.8)
Net cash provided by operating activities 95.1 104.0
INVESTING ACTIVITIES    
Capital expenditures (58.3) (40.4)
Purchases of short-term investments (52.1) (94.3)
Liquidations of short-term investments 125.6 82.6
Other 15.3 1.6
Net cash provided by (used in) investing activities 30.5 (50.5)
FINANCING ACTIVITIES    
Dividends paid (45.9) (44.1)
Common stock repurchases (33.4) (48.3)
Excess tax benefit from vesting of stock awards 0.0 (0.1)
Repayments of long-term debt (2.0) (1.6)
Net cash used in financing activities (81.3) (94.1)
Effect of exchange rate changes on cash and cash equivalents 2.7 (2.2)
Net increase (decrease) in cash and cash equivalents 47.0 (42.8)
Cash and cash equivalents, beginning of period 197.1 181.9
Cash and cash equivalents, end of period $ 244.1 $ 139.1