EMPLOYEE BENEFIT PLANS

6 Months Ended

Sep. 07, 2024

Retirement Benefits [Abstract]

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

Pension and Other Post-Retirement Benefits

The following table provides the components of net pension and post-retirement expense (income) (in millions):

	12 weeks ended
	Pension				Other post-retirement benefits
	September 7, 2024		September 9, 2023		September 7, 2024		September 9, 2023
Estimated return on plan assets	$	(21.1)	$	(22.7)	$	—	$	—
Service cost	3.9		4.0		—		—
Interest cost	19.3		19.3		0.1		0.1
Amortization of prior service cost	0.1		0.1		—		—
Amortization of net actuarial gain	(0.8)		(2.4)		(0.2)		(0.2)
Settlement loss	4.7		—		—		—
Expense (income), net	$	6.1	$	(1.7)	$	(0.1)	$	(0.1)

	28 weeks ended
	Pension				Other post-retirement benefits
	September 7, 2024		September 9, 2023		September 7, 2024		September 9, 2023
Estimated return on plan assets	$	(49.2)	$	(53.0)	$	—	$	—
Service cost	9.0		9.3		—		—
Interest cost	45.2		45.0		0.3		0.3
Amortization of prior service cost	0.2		0.2		—		—
Amortization of net actuarial gain	(2.0)		(3.0)		(0.4)		(0.5)
Settlement loss	4.7		—		—		—
Expense (income), net	$	7.9	$	(1.5)	$	(0.1)	$	(0.2)

The Company contributed $24.4 million and $37.1 million to its defined pension plans and post-retirement benefit plans during the 12 and 28 weeks ended September 7, 2024, respectively. For the 12 and 28 weeks ended September 9, 2023, the company contributed $3.9 million and $10.4 million, respectively. At the Company's discretion, additional funds may be contributed to the defined benefit pension plans that are determined to be beneficial to the Company. The Company currently anticipates contributing an additional $50.3 million to these plans for the remainder of fiscal 2024.