FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Feb. 22, 2025

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents certain assets which are measured at fair value on a recurring basis as of February 22, 2025 (in millions):


	Fair Value Measurements
	Total		Quoted prices in active markets for identical assets (Level 1)		Significant observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets:


Short-term investments (1)	$	41.3	$	6.8	$	34.5	$	—
Non-current investments (2)	118.8		7.2		111.6		—
Derivative contracts (3)	0.3		—		0.3		—
Total	$	160.4	$	14.0	$	146.4	$	—

Liabilities:
Derivative contracts (3)	$	0.6	$	—	$	0.6	$	—

Total	$	0.6	$	—	$	0.6	$	—

(1) Primarily relates to Mutual Funds (Level 1), and certain equity investments and Certificates of Deposit (Level 2). Included in Other current assets.

(2) Primarily relates to investments in Exchange-Traded Funds (Level 1), and certain equity investments, U.S. Treasury Notes and Corporate Bonds (Level 2). Included in Other assets.

(3) Primarily relates to energy derivative contracts. Included in Other assets or Other current liabilities.

The following table presents certain assets which are measured at fair value on a recurring basis as of February 24, 2024 (in millions):


	Fair Value Measurements
	Total		Quoted prices in active markets for identical assets (Level 1)		Significant observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets:


Short-term investments (1)	$	23.3	$	5.3	$	18.0	$	—
Non-current investments (2)	107.3		6.4		100.9		—
Derivative contracts (3)	1.5		—		1.5		—
Total	$	132.1	$	11.7	$	120.4	$	—

Liabilities:
Derivative contracts (3)	$	0.8	$	—	$	0.8	$	—

Total	$	0.8	$	—	$	0.8	$	—

(1) Primarily relates to Mutual Funds (Level 1) and Certificates of Deposit (Level 2). Included in Other current assets.

(2) Primarily relates to investments in Exchange-Traded Funds (Level 1), and certain equity investments, U.S. Treasury Notes and Corporate Bonds (Level 2). Included in Other assets.

(3) Primarily relates to energy derivative contracts. Included in Other assets and Other current liabilities.