DERIVATIVE FINANCIAL INSTRUMENTS

12 Months Ended

Feb. 25, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE FINANCIAL INSTRUMENTS

DERIVATIVE FINANCIAL INSTRUMENTS

The aggregate notional amount of all Swaps as of both February 25, 2023 and February 26, 2022, were $593.0 million of which none were designated as cash flow hedges as defined by GAAP. All of the Company's Swaps expired in March 2023.

Activity related to the Swaps consisted of the following (in millions):

	Fiscal  2022		Fiscal  2021		Fiscal  2020		Location of gain (loss) recognized from derivatives
Gain (loss) on interest rate swaps	$	8.4	$	3.3	$	(19.5)	Other income, net