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Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 24, 2024
Feb. 25, 2023
Current assets    
Cash and cash equivalents $ 188.7 $ 455.8
Receivables, net 724.4 687.6
Inventories, net 4,945.2 4,782.0
Prepaid assets 370.3 302.7
Other current assets 58.9 42.3
Total current assets 6,287.5 6,270.4
Property and equipment, net 9,570.3 9,358.7
Operating lease right-of-use assets 5,981.6 5,879.1
Intangible assets, net 2,434.5 2,465.4
Goodwill 1,201.0 1,201.0
Other assets 746.2 993.6
TOTAL ASSETS 26,221.1 26,168.2
Current liabilities    
Accounts payable 4,218.2 4,173.1
Accrued salaries and wages 1,302.6 1,317.4
Current maturities of long-term debt and finance lease obligations 285.2 1,075.7
Current operating lease obligations 677.6 664.8
Current portion of self-insurance liability 367.7 355.5
Taxes other than income taxes 325.4 382.3
Other current liabilities 281.0 460.0
Total current liabilities 7,457.7 8,428.8
Long-term debt and finance lease obligations 7,783.4 7,834.4
Long-term operating lease obligations 5,493.2 5,386.2
Deferred income taxes 807.6 854.0
Long-term self-insurance liability 899.9 878.6
Other long-term liabilities 1,031.8 1,129.8
Commitments and contingencies
STOCKHOLDERS' EQUITY    
Additional paid-in capital 2,129.6 2,072.7
Treasury stock, at cost, 18,397,745 and 21,300,945 shares held as of February 24, 2024 and February 25, 2023, respectively (304.2) (352.2)
Accumulated other comprehensive income 88.0 69.3
Retained earnings (accumulated deficit) 828.2 (185.0)
Total stockholders' equity 2,747.5 1,610.7
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 26,221.1 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 February 24, 2024 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