Investments (Tables)

9 Months Ended

Nov. 26, 2011

Investments, Debt and Equity Securities [Abstract]

Schedule of Investments

Investments were comprised of the following:

	November 26, 2011		February 26, 2011		November 27, 2010
Short-term investments
Money market fund	$	—	$	2	$	2
U.S. Treasury bills	—		20		—
Total short-term investments	$	—	$	22	$	2
Equity and other investments
Debt securities (auction rate securities)	$	81	$	110	$	131
Marketable equity securities	1		146		145
Other investments	64		72		67
Total equity and other investments	$	146	$	328	$	343

Auction-Rate Securities

Our ARS portfolio consisted of the following, at fair value:

Description	Nature of collateral or guarantee	November 26, 2011		February 26, 2011		November 27, 2010
Student loan bonds	Student loans guaranteed 95% to 100% by the U.S. government	$	79	$	108	$	113
Municipal revenue bonds	100% insured by AA/Aa-rated bond insurers at November 26, 2011	2		2		18
Total fair value plus accrued interest(1)		$	81	$	110	$	131

⁽¹⁾  The par value and weighted-average interest rates (taxable equivalent) of our ARS were $89, $115 and $141, and 0.46%, 0.80% and 0.91%, respectively, at November 26, 2011, February 26, 2011, and November 27, 2010, respectively.

Investments in marketable equity securities

Our investments in marketable equity securities were as follows:

	November 26, 2011		February 26, 2011		November 27, 2010
Common stock of TalkTalk Telecom Group PLC	$	—	$	62	$	63
Common stock of Carphone Warehouse Group plc	—		84		78
Other	1		—		4
Total	$	1	$	146	$	145