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Property, Plant And Equipment
12 Months Ended
Feb. 24, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant And Equipment PROPERTY, PLANT AND EQUIPMENT
Property, Plant and EquipmentEstimated
Useful Lives
(Years)
February 24,
2023
February 25,
2022
Land$33.6 $33.3 
Machinery and equipment3 – 15742.4 780.1 
Buildings and improvements10 – 40414.1 401.9 
Leasehold improvements3 – 1583.1 81.2 
Capitalized software3 – 1080.4 77.1 
Furniture and fixtures5 – 864.1 61.1 
Construction in progress47.4 47.1 
1,465.1 1,481.8 
Accumulated depreciation(1,088.6)(1,089.0)
$376.5 $392.8 
The majority of the net book value of our property, plant and equipment relates to machinery and equipment and buildings and improvements. As of February 24, 2023 and February 25, 2022, the net book value of our machinery and equipment totaled $140.4 and $160.9, respectively, and buildings and improvements totaled $94.6 and $89.2, respectively. Depreciation expense on property, plant and equipment was $67.0, $67.5 and $68.8 for 2023, 2022 and 2021, respectively. The estimated cost to complete construction in progress was $38.0 and $30.4 as of February 24, 2023 and February 25, 2022, respectively.
As of February 24, 2023, assets held for sale totaled $29.0. The amount is related to two corporate aircraft included in the Americas segment and expected to be sold in 2024.