Fair Value (Tables)

9 Months Ended

Nov. 22, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured at fair value within our Condensed Consolidated Balance Sheets as of November 22, 2024 and February 23, 2024 are summarized below:

Fair Value of Financial Instruments	November 22, 2024
	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	365.2	$	—	$	—	$	365.2
Restricted cash	7.2		—		—		7.2
Managed investment portfolio and other investments
Corporate debt securities - domestic	—		17.9		—		17.9
Corporate debt securities - foreign	—		6.0		—		6.0
Asset-backed securities	—		9.2		—		9.2
U.S. government debt securities	7.9		—		—		7.9
Foreign exchange forward contracts	—		0.5		—		0.5
Auction rate security	—		—		2.8		2.8
	$	380.3	$	33.6	$	2.8	$	416.7
Liabilities:
Foreign exchange forward contracts	$	—	$	(3.7)	$	—	$	(3.7)
Contingent consideration	—		—		—		—
	$	—	$	(3.7)	$	—	$	(3.7)
Fair Value of Financial Instruments	February 23, 2024
	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	318.6	$	—	$	—	$	318.6
Restricted cash	7.3		—		—		7.3
Foreign exchange forward contracts	—		0.8		—		0.8
Auction rate security	—		—		2.8		2.8
	$	325.9	$	0.8	$	2.8	$	329.5
Liabilities:
Foreign exchange forward contracts	$	—	$	(0.5)	$	—	$	(0.5)
Contingent consideration	—		—		—		—
	$	—	$	(0.5)	$	—	$	(0.5)