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Income Taxes Income Tax Reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Feb. 22, 2019
Feb. 23, 2018
Feb. 24, 2017
Valuation Allowance, Deferred Tax Assets, Reversal of Valuation Allowances, Amount $ 1.7    
U.S. federal statutory tax rate 21.00% 32.90% 35.00%
Tax expense at the U.S. federal statutory rate $ 34.4 $ 53.2 $ 68.7
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount [1] (1.6) 27.9 0.0
Foreign investment tax credits [2] 0.0 (1.6) 0.0
Valuation allowance provisions and adjustments [3] (1.3) 0.4 (2.2)
COLI income [4] (1.6) (3.4) (3.3)
Effective Income Tax Rate Reconciliation, Tax Settlement, Foreign, Amount [5] 7.8 1.4 (2.0)
State and local income taxes, net of federal 5.7 6.7 6.5
Foreign operations, less applicable foreign tax credits [6] (0.8) 4.0 9.3
Research tax credit (2.9) (2.3) (1.8)
Tax reserve adjustments [7] 0.0 (0.2) (5.3)
Other (1.8) (5.3) 1.8
Income tax expense 37.9 80.8 71.7
income tax expense increase/decrease due to rate change $ 27.9    
FRANCE      
income tax expense increase/decrease due to rate change   4.0 $ 7.9
UNITED KINGDOM      
income tax expense increase/decrease due to rate change   $ 1.5  
[1] We remeasured certain deferred tax assets and liabilities based on the rates at which they are expected to reverse in the future, which are generally 21.0%. Those items that reversed in 2018 were remeasured using a tax rate of 32.9%. We recorded a provisional decrease to deferred tax assets of $23.9 attributable to the rate reduction and a provisional tax liability of $4.0 related to transition tax for 2018. During 2019, we recorded adjustments reducing the impact of the rate change and the transition tax by $1.0 and $0.6 respectively, representing a tax rate reduction of 1%.
[2] Investment tax credits were granted by the Czech Republic for investments in qualifying manufacturing equipment.
[3] The valuation allowance provisions were based on current year activity, and the valuation allowance adjustments were based on various factors, which are further detailed below.
[4] The increase in the cash surrender value of COLI policies, net of normal insurance expenses, plus death benefit gains are non-taxable
[5] The foreign operations, less applicable foreign tax credits, amounts include the rate differential between local statutory rates and the U.S. rate on foreign operations.
[6] (6)Reductions to the French corporate tax rate resulted in the revaluation of certain deferred tax assets of our French tax group, causing an increase to income tax expense of $4.0 and $7.9 in 2018 and 2017, respectively. During 2017, reductions to the United Kingdom corporate tax rate increased tax expense by $1.5.
[7] Adjustments in 2017 related to a French income tax audit that was settled in 2017.