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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 17, 2023
Feb. 25, 2023
Current assets    
Cash and cash equivalents $ 225.2 $ 455.8
Receivables, net 684.3 687.6
Inventories, net 4,844.9 4,782.0
Other current assets 306.2 345.0
Total current assets 6,060.6 6,270.4
Property and equipment, net 9,356.8 9,358.7
Operating lease right-of-use assets 5,881.2 5,879.1
Intangible assets, net 2,473.2 2,465.4
Goodwill 1,201.0 1,201.0
Other assets 844.4 993.6
TOTAL ASSETS 25,817.2 26,168.2
Current liabilities    
Accounts payable 4,013.2 4,173.1
Accrued salaries and wages 1,149.5 1,317.4
Current maturities of long-term debt and finance lease obligations 574.2 1,075.7
Current maturities of operating lease obligations 668.5 664.8
Other current liabilities 1,317.7 1,197.8
Total current liabilities 7,723.1 8,428.8
Long-term debt and finance lease obligations 7,825.0 7,834.4
Long-term operating lease obligations 5,463.9 5,386.2
Deferred income taxes 816.2 854.0
Other long-term liabilities 1,989.0 2,008.4
Commitments and contingencies
STOCKHOLDERS' EQUITY    
Additional paid-in capital 2,068.3 2,072.7
Treasury stock, at cost, 18,397,745 and 21,300,945 shares held as of June 17, 2023 and February 25, 2023, respectively (304.2) (352.2)
Accumulated other comprehensive income 70.4 69.3
Retained earnings (accumulated deficit) 159.6 (185.0)
Total stockholders' equity 2,000.0 1,610.7
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 25,817.2 26,168.2
Series A Convertible Preferred Stock    
Current liabilities    
Undesignated preferred stock 0.0 45.7
Series A-1 Convertible Preferred Stock    
Current liabilities    
Undesignated preferred stock 0.0 0.0
Undesignated preferred stock    
STOCKHOLDERS' EQUITY    
Undesignated preferred stock, $0.01 par value; 96,840,000 shares authorized, no shares issued as of June 17, 2023 and February 25, 2023 0.0 0.0
Class A common stock    
STOCKHOLDERS' EQUITY    
Common stock 5.9 5.9
Class A-1 convertible common stock    
STOCKHOLDERS' EQUITY    
Common stock $ 0.0 $ 0.0