GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Feb. 23, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table summarizes the changes in the Company’s goodwill balances (in millions):

	February 23, 2019		February 24, 2018
Balance at beginning of year	$	1,183.3	$	1,167.8
Acquisitions and related adjustments		—		157.8
Impairment		—		(142.3	)
Balance at end of year	$	1,183.3	$	1,183.3

Schedule of Finite-Lived Intangible Assets

The Company’s Intangible assets, net consisted of the following (in millions):

			February 23, 2019							February 24, 2018
	Estimated useful lives (Years)		Gross carrying amount		Accumulated amortization			Net		Gross carrying amount		Accumulated amortization			Net
Trade names		40	$	1,959.1	$	(231.7	)	$	1,727.4	$	1,960.4	$	(174.1	)	$	1,786.3
Beneficial lease rights		12		892.0		(410.6	)		481.4		918.3		(355.7	)		562.6
Customer prescription files		5		1,483.4		(1,276.1	)		207.3		1,486.4		(1,078.1	)		408.3
Internally developed software		5		672.4		(348.1	)		324.3		537.1		(246.3	)		290.8
Other intangible assets(1)		6		22.4		(14.4	)		8.0		27.1		(7.9	)		19.2
Total finite-lived intangible assets				5,029.3		(2,280.9	)		2,748.4		4,929.3		(1,862.1	)		3,067.2
Liquor licenses and restricted covenants		Indefinite		86.1		—			86.1		75.3		—			75.3
Total intangible assets, net			$	5,115.4	$	(2,280.9	)	$	2,834.5	$	5,004.6	$	(1,862.1	)	$	3,142.5

(1) Other intangible assets consists of covenants not to compete, specialty accreditation and licenses and patents.

Schedule of Future Amortization Expense of Finite-Lived Intangible Assets

Estimated future amortization expense associated with the net carrying amount of intangibles with finite lives is as follows (in millions):

Fiscal Year	Amortization Expected
2019	$	457.9
2020		217.8
2021		191.8
2022		163.8
2023		119.0
Thereafter		1,598.1
Total	$	2,748.4