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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
May 30, 2025
May 24, 2024
OPERATING ACTIVITIES    
Net income $ 13.6 $ 10.9
Depreciation and amortization 17.6 20.2
Share-based compensation 13.1 14.8
Restructuring costs 9.2 6.3
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Other Item 1.9 (0.9)
Changes in operating assets and liabilities net of acquisitions:    
Increase (Decrease) in Accounts Receivable 10.1 (13.6)
Increase (Decrease) in Inventories 37.3 16.7
Increase (Decrease) in Cloud computing arrangements expenditures (10.7) (10.9)
Increase (Decrease) in Other Operating Assets (10.3) (10.8)
Increase (Decrease) in Accounts Payable 9.9 11.6
Increase (Decrease) in Other Employee-Related Liabilities (111.0) (81.7)
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits (33.8) (25.9)
Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities 6.8 10.4
Net cash provided by operating activities (141.1) (59.1)
INVESTING ACTIVITIES    
Capital expenditures (14.0) (12.1)
Payments to Acquire Short-term Investments 5.1 36.2
Liquidations of short-term investments 4.6 0.5
Payment for (Proceeds from) Other Investing Activity 8.6 1.2
Net Cash Provided by (Used in) Investing Activities, Total (5.9) (46.6)
FINANCING ACTIVITIES    
Dividends paid (12.2) (12.3)
Payments for Repurchase of Common Stock (5.0) (27.7)
Net Cash Provided by (Used in) Financing Activities, Total (17.2) (40.0)
Effect of exchange rate changes on cash and cash equivalents 0.9 0.1
Net decrease in cash, cash equivalents and restricted cash (163.3) (145.6)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance [1] 353.8 325.9
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Ending Balance [2] 190.5 180.3
Restricted Cash $ 6.6 $ 7.1
[1] These amounts include restricted cash of $7.5 and $7.3 as of February 28, 2025 and February 23, 2024, respectively.
[2] These amounts include restricted cash of $6.6 and $7.1 as of May 30, 2025 and May 24, 2024, respectively.