DERIVATIVE FINANCIAL INSTRUMENTS

9 Months Ended

Dec. 05, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE FINANCIAL INSTRUMENTS

DERIVATIVE FINANCIAL INSTRUMENTS The aggregate notional amount of the Company's Swaps as of December 5, 2020 and February 29, 2020 were $2,023.0 million, of which none were designated as cash flow hedges as defined by GAAP.

Activity related to interest rate swaps consisted of the following (in millions):

	12 weeks ended
	December 5, 2020		November 30, 2019		Location of (loss) gain recognized from derivatives
Loss on undesignated portion of interest rate swaps	$	(0.3)	$	—	Other income, net
Gain on designated portion of interest rate swaps	$	—	$	5.0	Other comprehensive income (loss), net of tax

	40 weeks ended
	December 5, 2020		November 30, 2019		Location of loss recognized from derivatives
Loss on undesignated portion of interest rate swaps	$	(19.7)	$	—	Other income, net
Loss on designated portion of interest rate swaps	$	—	$	(33.3)	Other comprehensive income (loss), net of tax