Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Aug. 26, 2022

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss) for the three months ended August 26, 2022:


	Unrealized gain on investment		Pension and other post-retirement liability adjustments		Derivative amortization		Foreign currency translation adjustments		Total
Balance as of May 27, 2022	$	—	$	5.4	$	(6.4)	$	(68.0)	$	(69.0)
Other comprehensive income (loss) before reclassifications	0.3		0.3		—		(21.3)		(20.7)
Amounts reclassified from accumulated other comprehensive income (loss)	—		(0.3)		0.2		—		(0.1)
Net other comprehensive income (loss) during the period	0.3		—		0.2		(21.3)		(20.8)
Balance as of August 26, 2022	$	0.3	$	5.4	$	(6.2)	$	(89.3)	$	(89.8)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss) for the six months ended August 26, 2022:


	Unrealized gain on investment		Pension and other post-retirement liability adjustments		Derivative amortization		Foreign currency translation adjustments		Total
Balance as of February 25, 2022	$	0.3	$	5.2	$	(6.7)	$	(49.4)	$	(50.6)
Other comprehensive income (loss) before reclassifications	—		0.8		—		(39.9)		(39.1)
Amounts reclassified from accumulated other comprehensive income (loss)	—		(0.6)		0.5		—		(0.1)
Net other comprehensive income (loss) during the period	—		0.2		0.5		(39.9)		(39.2)
Balance as of August 26, 2022	$	0.3	$	5.4	$	(6.2)	$	(89.3)	$	(89.8)

The following table provides details about reclassifications out of accumulated other comprehensive income (loss) for the three and six months ended August 26, 2022 and August 27, 2021:


Detail of Accumulated Other Comprehensive Income (Loss) Components	Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)								Affected Line in the Condensed Consolidated Statements of Operations
	Three Months Ended				Six Months Ended
	August 26, 2022		August 27, 2021		August 26, 2022		August 27, 2021

Amortization of pension and other post-retirement actuarial losses (gains)	$	(0.4)	$	—	$	(0.8)	$	(0.1)		Other income, net

Income tax expense	0.1		—		0.2		—			Income tax expense (benefit)
	(0.3)		—		(0.6)		(0.1)

Derivative amortization	0.3		0.3		0.7		0.6			Interest expense
Income tax benefit	(0.1)		(0.1)		(0.2)		(0.2)			Income tax expense (benefit)
	0.2		0.2		0.5		0.4





Total reclassifications	$	(0.1)	$	0.2	$	(0.1)	$	0.3