OTHER COMPREHENSIVE INCOME OR LOSS

12 Months Ended

Feb. 27, 2021

Stockholders' Equity Note [Abstract]

OTHER COMPREHENSIVE INCOME OR LOSS

OTHER COMPREHENSIVE INCOME OR LOSS

Total comprehensive earnings are defined as all changes in stockholders' equity during a period, other than those from investments by or distributions to stockholders. Generally, for the Company, total comprehensive income equals net income plus or minus adjustments for pension and other post-retirement liabilities and interest rate swaps. Total comprehensive earnings represent the activity for a period net of tax

While total comprehensive earnings are the activity in a period and are largely driven by net earnings in that period, accumulated other comprehensive income or loss ("AOCI") represents the cumulative balance of other

comprehensive income, net of tax, as of the balance sheet date. Changes in the AOCI balance by component are shown below (in millions):

	Fiscal 2020
	Total		Interest rate swaps		Pension and Post-retirement benefit plan items		Other
Beginning AOCI balance	$	(118.5)	$	—	$	(121.7)	$	3.2
Other comprehensive income (loss) before reclassifications	242.5		—		244.5		(2.0)
Amounts reclassified from Accumulated other comprehensive income (loss)	2.8		—		2.8		—
Tax (expense) benefit	(63.3)		—		(64.3)		1.0
Current-period other comprehensive income (loss), net	182.0		—		183.0		(1.0)
Ending AOCI balance	$	63.5	$	—	$	61.3	$	2.2

	Fiscal 2019
	Total		Interest rate swaps		Pension and Post-retirement benefit plan items		Other
Beginning AOCI balance	$	91.3	$	3.4	$	88.8	$	(0.9)
Cumulative effect of accounting change	16.6		1.2		14.9		0.5
Other comprehensive (loss) income before reclassifications	(356.2)		(45.8)		(315.2)		4.8
Amounts reclassified from Accumulated other comprehensive income (loss)	46.9		35.4		11.5		—
Tax benefit (expense)	82.9		5.8		78.3		(1.2)
Current-period other comprehensive (loss) income, net	(209.8)		(3.4)		(210.5)		4.1
Ending AOCI balance	$	(118.5)	$	—	$	(121.7)	$	3.2