DERIVATIVE FINANCIAL INSTRUMENTS

6 Months Ended

Sep. 11, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE FINANCIAL INSTRUMENTS

DERIVATIVE FINANCIAL INSTRUMENTS

The aggregate notional amount of the Company's interest rate swaps as of September 11, 2021 and February 27, 2021, were $1,553.0 million and $1,653.0 million, respectively, 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
	September 11, 2021		September 12, 2020		Location of loss recognized from derivatives
Loss on undesignated portion of interest rate swaps	$	—	$	(0.4)	Other income, net

	28 weeks ended
	September 11, 2021		September 12, 2020		Location of loss recognized from derivatives
Loss on undesignated portion of interest rate swaps	$	(0.3)	$	(19.4)	Other income, net