EQUITY-BASED COMPENSATION (Tables)

12 Months Ended

Feb. 26, 2022

Share-based Payment Arrangement [Abstract]

Schedule of Equity-based Compensation Expense Recognized

Equity-based compensation expense recognized in the Consolidated Statements of Operations, net of forfeitures, was as follows (in millions):

	Fiscal 2021		Fiscal 2020		Fiscal 2019
RSUs	$	93.2	$	53.5	$	28.9
RSAs	8.0		5.5		3.9
Total equity-based compensation expense	$	101.2	$	59.0	$	32.8
Total related tax benefit	$	23.9	$	13.7	$	7.5

Schedule of RSU and RSA Activity

The following summarizes the activity of RSUs and RSAs during fiscal 2021:

	Time-Based			Performance-Based
	Number of shares (in millions)	Weighted average grant date fair value		Number of shares (in millions)	Weighted average grant date fair value
Unvested, February 27, 2021	6.0	$	11.95	2.2	$	14.39
Granted	2.9	21.33		2.8	17.95
Vested	(3.8)	12.68		(0.5)	17.59
Forfeited or cancelled	(0.3)	13.72		—	—
Unvested, February 26, 2022	4.8	$	16.98	4.5	$	16.26