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LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS
6 Months Ended
Sep. 07, 2024
Debt Disclosure [Abstract]  
LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS
The Company's long-term debt and finance lease obligations as of September 7, 2024 and February 24, 2024, net of unamortized debt discounts of $30.8 million and $33.3 million, respectively, and deferred financing costs of $36.8 million and $42.7 million, respectively, consisted of the following (in millions):
September 7,
2024
February 24,
2024
Senior Unsecured Notes due 2026 to 2030, interest rate range of 3.25% to 7.50%
$6,512.0 $6,506.4 
New Albertsons L.P. Notes due 2026 to 2031, interest rate range of 6.52% to 8.70%
482.6 480.1 
Safeway Inc. Notes due 2027 to 2031, interest rate range of 7.25% to 7.45%
375.7 375.4 
ABL Facility50.0 200.0 
Other financing obligations29.6 29.9 
Mortgage notes payable, secured16.3 16.4 
Finance lease obligations 442.2 460.4 
Total debt7,908.4 8,068.6 
Less current maturities(129.1)(285.2)
Long-term portion$7,779.3 $7,783.4 

ABL Facility

As of September 7, 2024, there was $50.0 million outstanding under the ABL Facility as the Company repaid $200.0 million and borrowed $50.0 million during the 28 weeks ended September 7, 2024, and letters of credit ("LOC") issued under the LOC sub-facility was $41.7 million. As of February 24, 2024, there was $200.0 million outstanding under the ABL Facility and LOC issued under the LOC sub-facility was $48.3 million.