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LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS (Tables)
12 Months Ended
Feb. 22, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
The Company's long-term debt and finance lease obligations as of February 22, 2025 and February 24, 2024, net of unamortized debt discounts of $28.6 million and $33.3 million, respectively, and deferred financing costs of $31.6 million and $42.7 million, respectively, consisted of the following (in millions):
February 22,
2025
February 24,
2024
Senior Unsecured Notes due 2026 to 2030, interest rate range of 3.25% to 7.50%
$6,517.0 $6,506.4 
New Albertsons L.P. Notes due 2026 to 2031, interest rate range of 6.52% to 8.70%
484.6 480.1 
Safeway Inc. Notes due 2027 to 2031, interest rate range of 7.25% to 7.45%
375.9 375.4 
ABL Facility— 200.0 
Other financing obligations14.7 46.3 
Finance lease obligations (see Note 7)
427.9 460.4 
Total debt7,820.1 8,068.6 
Less current maturities(57.6)(285.2)
Long-term portion$7,762.5 $7,783.4 
Schedule of Future Maturities of Long-term Debt
As of February 22, 2025, the future maturities of long-term debt, excluding finance lease obligations, debt discounts and deferred financing costs, consisted of the following (in millions):
2025$0.6 
20262,760.1 
20271,656.6 
202844.0 
20292,477.9 
Thereafter513.2 
Total$7,452.4 
Schedule of Interest Expense
Interest expense, net consisted of the following (in millions):
Fiscal
 2024
Fiscal
 2023
Fiscal
 2022
ABL Facility, senior secured and unsecured notes, and debentures$414.8 $446.9 $404.9 
Finance lease obligations38.8 45.5 51.4 
Amortization of deferred financing costs16.3 15.6 16.9 
Other interest income, net(10.1)(15.9)(68.6)
Interest expense, net$459.8 $492.1 $404.6