Property, Plant And Equipment

12 Months Ended

Feb. 22, 2019

Property, Plant and Equipment [Abstract]

Property, Plant And Equipment

PROPERTY, PLANT AND EQUIPMENT

Property, Plant and Equipment	Estimated Useful Lives (Years)	February 22, 2019			February 23, 2018
Land		$	35.2		$	36.3
Machinery and equipment	3 – 15	755.1			719.2
Buildings and improvements	10 – 40	404.2			396.7
Capitalized software	3 – 10	109.5			112.3
Furniture and fixtures	5 – 8	58.9			58.9
Leasehold improvements	3 – 15	73.5			74.9
Construction in progress		28.4			34.9
		1,464.8			1,433.2
Accumulated depreciation		(1,009.3		)	(998.1		)
		$	455.5		$	435.1

A majority of the net book value of property, plant and equipment relates to machinery and equipment of $203.2 and $183.4 and buildings and improvements of $118.5 and $116.0 as of February 22, 2019 and February 23, 2018, respectively. Depreciation expense on property, plant and equipment was $69.3 for 2019, $64.5 for 2018 and $59.3 for 2017. The estimated cost to complete construction in progress was $33.2 and $15.4 as of February 22, 2019 and February 23, 2018, respectively. As of February 22, 2019, there were no assets held for sale. As of February 23, 2018, assets held for sale were $13.4. The amount was related to the fair value of an aircraft included as part of the Americas segment and sold in 2019.