LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS (Tables)

12 Months Ended

Feb. 29, 2020

Debt Disclosure [Abstract]

Schedule of Long-term Debt

The Company’s long-term debt as of February 29, 2020 and February 23, 2019, net of debt discounts of $41.3 million and $197.0 million, respectively, and deferred financing costs of $72.9 million and $65.2 million, respectively, consisted of the following (in millions):

	February 29, 2020			February 23, 2019
Senior Unsecured Notes due 2023, 2024, 2025, 2026, 2027, 2028 and 2030 interest rate of 3.50%, 6.625%, 5.750%, 7.5%, 4.625%, 5.875% and 4.875%, respectively	$	6,884.5		$	3,071.6
Albertsons Term Loans, interest range of 4.45% to 5.69%		—			4,610.7
Safeway Inc. Notes due 2020 to 2031, interest rate range of 3.95% to 7.45%		642.1			675.3
New Albertson’s L.P. Notes due 2026 to 2031, interest rate range of 6.52% to 8.70%		466.0			1,322.3
Other notes payable, unsecured		37.2			125.4
Mortgage notes payable, secured		18.2			18.8
Finance lease obligations (see Note 8)		666.7			762.3
Total debt		8,714.7			10,586.4
Less current maturities		(221.4	)		(148.8	)
Long-term portion	$	8,493.3		$	10,437.6

Schedule of Future Maturities of Long-term Debt

As of February 29, 2020, the future maturities of long-term debt, excluding finance lease obligations, debt discounts and deferred financing costs, consisted of the following (in millions):

2020	$	138.0
2021		131.2
2022		751.1
2023		1.2
2024		1,267.2
Thereafter		5,873.5
Total	$	8,162.2

Schedule of Interest Expense

	Fiscal 2019			Fiscal 2018			Fiscal 2017
ABL Facility, senior secured and unsecured notes, term loans and debentures	$	565.3		$	698.3		$	701.5
Finance lease obligations		79.8			81.8			96.3
Deferred financing costs		39.8			42.7			56.1
Debt discounts		34.1			20.3			16.0
Other interest (income) expense		(21.0	)		(12.3	)		4.9
Interest expense, net	$	698.0		$	830.8		$	874.8