XML 25 R7.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Millions
Total
Class A Common Stock
Additional paid in capital
Treasury Stock
Accumulated other comprehensive income (loss)
(Accumulated deficit) retained earnings
Beginning balance (in shares) at Feb. 29, 2020   582,997,251        
Beginning balance at Feb. 29, 2020 $ 2,278.1 $ 5.8 $ 1,824.3 $ (25.8) $ (118.5) $ 592.3
Beginning balance (in shares) at Feb. 29, 2020       3,671,621    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock to Company's parents (in shares)   1,312,859        
Equity-based compensation 59.0   59.0      
Shares issued and employee tax withholding on vesting of restricted stock units (14.0)   (14.1)      
Shares issued and employee tax withholding on vesting of restricted stock units (in shares)   1,264,556        
Shares issued and employee tax withholding on vesting of restricted stock units   $ 0.1        
Equity reclassification 30.0   30.0      
Repurchase of common stock (in shares)       116,338,026    
Repurchase of common stock (1,881.2)     $ (1,881.2)    
Cash dividends declared on common stock (93.7)         (93.7)
Dividends accrued on convertible preferred stock (86.0)         (86.0)
Net income 850.2         850.2
Other comprehensive income (loss), net of tax 182.0       182.0  
Other activity (0.1)   (0.3)     0.2
Ending balance (in shares) at Feb. 27, 2021   585,574,666        
Ending balance at Feb. 27, 2021 1,324.3 $ 5.9 1,898.9 $ (1,907.0) 63.5 1,263.0
Ending balance (in shares) at Feb. 27, 2021       120,009,647    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Equity-based compensation 101.2   101.2      
Shares issued and employee tax withholding on vesting of restricted stock units (in shares)   2,329,617        
Shares issued and employee tax withholding on vesting of restricted stock units (29.4)   (29.4)      
Convertible preferred stock conversions (in shares)       (20,369,582)    
Convertible preferred stock conversions 320.6   61.0 $ 259.6    
Cash dividends declared on common stock (207.4)         (207.4)
Dividends accrued on convertible preferred stock (109.4)         (109.4)
Net income 1,619.6         1,619.6
Other comprehensive income (loss), net of tax 5.5       5.5  
Other activity (0.4)   0.5     (0.9)
Ending balance (in shares) at Feb. 26, 2022   587,904,283        
Ending balance at Feb. 26, 2022 $ 3,024.6 $ 5.9 2,032.2 $ (1,647.4) 69.0 2,564.9
Ending balance (in shares) at Feb. 26, 2022 99,640,065     99,640,065    
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Equity-based compensation $ 112.4   112.4      
Shares issued and employee tax withholding on vesting of restricted stock units (in shares)   3,064,317        
Shares issued and employee tax withholding on vesting of restricted stock units (44.0)   (44.0)      
Convertible preferred stock conversions (in shares)       (78,339,120)    
Convertible preferred stock conversions 1,232.8   (61.0) $ 1,295.2   (1.4)
Special dividends declared on common stock (3,921.3)   31.3     (3,952.6)
Cash dividends declared on common stock (255.1)         (255.1)
Dividends accrued on convertible preferred stock (51.0)         (51.0)
Net income 1,513.5         1,513.5
Other comprehensive income (loss), net of tax 0.3       0.3  
Other activity (1.5)   1.8     (3.3)
Ending balance (in shares) at Feb. 25, 2023   590,968,600        
Ending balance at Feb. 25, 2023 $ 1,610.7 $ 5.9 $ 2,072.7 $ (352.2) $ 69.3 $ (185.0)
Ending balance (in shares) at Feb. 25, 2023 21,300,945     21,300,945