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Consolidated Statement of Cash Flows - USD ($)
12 Months Ended
Feb. 29, 2020
Feb. 23, 2019
Feb. 24, 2018
Cash flows from operating activities:      
Net income $ 466,400,000 $ 131,100,000 $ 46,300,000
Adjustments to reconcile net income to net cash provided by operating activities:      
(Gain) loss on property dispositions and impairment losses, net (484,800,000) (165,000,000.0) 66,700,000
Goodwill impairment 0 0 142,300,000
Depreciation and amortization 1,691,300,000 1,738,800,000 1,898,100,000
Operating lease right-of-use assets amortization 570,300,000    
LIFO expense 18,400,000 8,000,000.0 3,000,000.0
Deferred income tax (5,900,000) (81,500,000) (1,094,100,000)
Pension and post-retirement benefits (income) expense (2,000,000.0) 24,500,000 (900,000)
Contributions to pension and post-retirement benefit plans (11,000,000.0) (199,300,000) (21,900,000)
Loss (gain) on interest rate swaps and commodity hedges, net 50,600,000 (1,300,000) (6,200,000)
Amortization and write-off of deferred financing costs 39,800,000 42,700,000 56,100,000
Loss (gain) on debt extinguishment 111,400,000 8,700,000 (4,700,000)
Equity-based compensation expense 32,800,000 47,700,000 45,900,000
Other operating activities 2,500,000 (42,700,000) 110,300,000
Changes in operating assets and liabilities, net of effects of acquisition of businesses:      
Receivables, net 60,800,000 28,800,000 21,700,000
Inventories, net (38,100,000) 80,300,000 45,600,000
Accounts payable, accrued salaries and wages and other accrued liabilities 85,300,000 98,400,000 (158,200,000)
Operating lease liabilities (584,400,000)    
Self-insurance assets and liabilities (4,000,000.0) (48,700,000) (55,300,000)
Other operating assets and liabilities (95,500,000) 17,400,000 (75,900,000)
Net cash provided by operating activities 1,903,900,000 1,687,900,000 1,018,800,000
Cash flows from investing activities:      
Business acquisitions, net of cash acquired 0 0 (148,800,000)
Payments for property, equipment and intangibles, including payments for lease buyouts (1,475,100,000) (1,362,600,000) (1,547,000,000.0)
Proceeds from sale of assets 1,096,700,000 1,252,000,000.0 939,200,000
Proceeds from sale of Casa Ley 0 0 344,200,000
Other investing activities (100,000) 23,800,000 (56,600,000)
Net cash used in investing activities (378,500,000) (86,800,000) (469,000,000.0)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 3,874,000,000.0 1,969,800,000 290,000,000.0
Payments on long-term borrowings (5,676,600,000) (3,082,300,000) (870,600,000)
Payments of obligations under finance leases (109,300,000) (97,500,000) (107,200,000)
Payments for debt financing costs (53,200,000) (27,000,000.0) (1,500,000)
Payment of Casa Ley contingent value right 0 0 (222,000,000.0)
Employee tax withholding on vesting of phantom units (18,800,000) (15,300,000) (17,500,000)
Member distributions 0 0 (250,000,000.0)
Purchase of treasury stock, at cost 0 (25,800,000) 0
Proceeds from financing leases 0 0 137,600,000
Other financing activities (30,300,000) (36,100,000) (56,900,000)
Net cash used in financing activities (2,014,200,000) (1,314,200,000) (1,098,100,000)
Net (decrease) increase in cash and cash equivalents and restricted cash (488,800,000) 286,900,000 (548,300,000)
Cash and cash equivalents and restricted cash at beginning of period 967,700,000 680,800,000 1,229,100,000
Cash and cash equivalents and restricted cash at end of period 478,900,000 967,700,000 680,800,000
Reconciliation of capital investments:      
Payments for property and equipment, including payments for lease buyouts (1,475,100,000) (1,362,600,000) (1,547,000,000.0)
Payments for lease buyouts 7,700,000 18,900,000 26,500,000
Total payments for capital investments, excluding lease buyouts (1,467,400,000) (1,343,700,000) (1,520,500,000)
Non-cash investing and financing activities were as follows:      
Additions of finance lease obligations, excluding business acquisitions 0 6,000,000.0 31,000,000.0
Purchases of property and equipment included in accounts payable 230,800,000 243,100,000 179,700,000
Interest and income taxes paid:      
Interest paid, net of amount capitalized 718,500,000 805,900,000 813,500,000
Income taxes paid $ 228,800,000 $ 18,200,000 $ 15,800,000