LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS (Tables)

12 Months Ended

Feb. 24, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt

The Company's long-term debt and finance lease obligations as of February 24, 2024 and February 25, 2023, net of unamortized debt discounts of $33.3 million and $37.5 million, respectively, and deferred financing costs of $42.7 million and $53.2 million, respectively, consisted of the following (in millions):

	February 24, 2024		February 25, 2023
Senior Unsecured Notes due 2026 to 2030, interest rate range of 3.25% to 7.50%	$	6,506.4	$	6,496.4
New Albertsons L.P. Notes due 2026 to 2031, interest rate range of 6.52% to 8.70%	480.1		476.2
Safeway Inc. Notes due 2027 to 2031, interest rate range of 7.25% to 7.45%	375.4		374.9
ABL Facility	200.0		1,000.0
Other financing obligations	29.9		28.8
Mortgage notes payable, secured	16.4		16.7
Finance lease obligations (see Note 7)	460.4		517.1
Total debt	8,068.6		8,910.1
Less current maturities	(285.2)		(1,075.7)
Long-term portion	$	7,783.4	$	7,834.4

Schedule of Future Maturities of Long-term Debt

As of February 24, 2024, the future maturities of long-term debt, excluding finance lease obligations, debt discounts and deferred financing costs, consisted of the following (in millions):

2024	$	217.0
2025	14.1
2026	2,760.1
2027	1,656.6
2028	44.0
Thereafter	2,992.4
Total	$	7,684.2

Schedule of Interest Expense

Interest expense, net consisted of the following (in millions):

	Fiscal  2023		Fiscal  2022		Fiscal  2021
ABL Facility, senior secured and unsecured notes, and debentures	$	446.9	$	404.9	$	400.0
Finance lease obligations	45.5		51.4		61.6
Amortization of deferred financing costs	15.6		16.9		23.4
Other interest income, net	(15.9)		(68.6)		(3.1)
Interest expense, net	$	492.1	$	404.6	$	481.9