DERIVATIVE FINANCIAL INSTRUMENTS

9 Months Ended

Dec. 04, 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 December 4, 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, recorded in Other income, net, consisted of the following (in millions):

	12 weeks ended				40 weeks ended
	December 4, 2021		December 5, 2020		December 4, 2021		December 5, 2020
Gain (loss) on interest rate swaps	$	0.7	$	(0.3)	$	0.4	$	(19.7)