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Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 22, 2019
Feb. 23, 2018
ASSETS    
Cash and cash equivalents $ 261.3 $ 283.1
Accounts receivable, net of allowances of $8.7 and $11.1 390.3 300.3
Inventories 224.8 184.6
Prepaid expenses 19.5 19.2
Assets Held-for-sale, Not Part of Disposal Group, Current 0.0 13.4
Other current assets 52.7 53.3
Total current assets 948.6 853.9
Property, plant and equipment, net of accumulated depreciation of $1,009.3 and $998.1 455.5 435.1
Company-owned life insurance (COLI) 156.1 172.2
Deferred income taxes 135.8 135.4
Goodwill 240.8 138.2
Other intangible assets, net of accumulated amortization of $55.8 and $44.6 119.3 45.6
Investments in unconsolidated affiliates 56.9 48.4
Other assets 29.4 30.4
Total assets 2,142.4 1,859.2
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 241.2 223.1
Short-term borrowings and current portion of long-term debt 4.1 2.8
Accrued expenses:    
Employee compensation 168.1 145.0
Employee benefit plan obligations 37.1 39.2
Accrued promotions 27.7 25.5
Customer deposits 20.0 28.2
Product warranties 16.4 18.1
Other 80.6 72.8
Total current liabilities 595.2 554.7
Long-term liabilities:    
Long-term debt less current maturities 482.9 292.2
Employee benefit plan obligations 141.6 130.8
Other long-term liabilities 72.9 68.2
Total long-term liabilities 697.4 491.2
Total liabilities 1,292.6 1,045.9
Shareholders' equity:    
Additional paid-in capital 16.4 4.6
Accumulated other comprehensive loss (47.3) (10.3)
Retained earnings 880.7 819.0
Total shareholders’ equity 849.8 813.3
Total liabilities and shareholders’ equity 2,142.4 1,859.2
Preferred Stock [Member]    
Shareholders' equity:    
Preferred stock-no par value; 50,000,000 shares authorized, none issued and outstanding 0.0 0.0
Class A Common Stock-no par value; 475,000,000 shares authorized, 85,728,770 and 85,975,298 issued and outstanding [Member]    
Shareholders' equity:    
Common stock 0.0 0.0
Total shareholders’ equity 0.0 0.0
Class B Common Stock-no par value; 475,000,000 shares authorized, 30,428,673 and 31,348,049 issued and outstanding [Member]    
Shareholders' equity:    
Common stock 0.0 0.0
Total shareholders’ equity $ 0.0 $ 0.0