INTANGIBLE ASSETS

12 Months Ended

Feb. 24, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

INTANGIBLE ASSETS

Intangible assets, net consisted of the following (in millions):

		February 24, 2024						February 25, 2023
	Estimated useful lives (Years)	Gross carrying amount		Accumulated amortization		Net		Gross carrying amount		Accumulated amortization		Net
Trade names	40	$	1,935.8	$	(459.1)	$	1,476.7	$	1,935.8	$	(410.5)	$	1,525.3
Customer prescription files	5	1,430.9		(1,389.1)		41.8		1,405.3		(1,381.6)		23.7
Internally developed software	3 to 5	1,769.5		(944.3)		825.2		1,570.1		(747.4)		822.7
Other intangible assets (1)	3 to 6	66.1		(61.5)		4.6		65.5		(58.0)		7.5
Total finite-lived intangible assets		5,202.3		(2,854.0)		2,348.3		4,976.7		(2,597.5)		2,379.2
Liquor licenses and restricted covenants	Indefinite	86.2		—		86.2		86.2		—		86.2
Total intangible assets, net		$	5,288.5	$	(2,854.0)	$	2,434.5	$	5,062.9	$	(2,597.5)	$	2,465.4

(1) Other intangible assets includes covenants not to compete, specialty accreditation and licenses and patents.

Amortization expense for intangible assets was $312.7 million, $253.6 million and $187.2 million for fiscal 2023, fiscal 2022 and fiscal 2021, respectively. Estimated future amortization expense associated with the net carrying amount of intangibles with finite lives is as follows (in millions):

Fiscal Year	Amortization Expected
2024	$	341.7
2025	304.3
2026	228.2
2027	124.8
2028	59.0
Thereafter	1,290.3
Total	$	2,348.3

In fiscal 2023 and fiscal 2021, there were $39.9 million and $12.3 million, respectively, of intangible asset impairment and disposal losses related to internally developed software recorded as a component of Loss (gain) on property dispositions and impairment losses, net. There were no intangible asset impairment and disposal losses in fiscal 2022.