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Debt (Tables)
12 Months Ended
Mar. 03, 2012
Debt Disclosure [Abstract]  
Short-term Debt
Short-term debt consisted of the following:
 
March 3, 2012
 
February 26, 2011
 
Principal
Balance

 
Interest
Rate

 
Principal
Balance

 
Interest
Rate

U.S. revolving credit facility – 364-day
$

 
%
 
$

 
%
U.S. revolving credit facility – five-year

 
%
 

 
%
Europe revolving credit facility
480

 
2.4
%
 

 
%
Europe receivables financing facility

 
%
 
455

 
3.7
%
Old Europe revolving credit facility

 
%
 
98

 
3.6
%
Canada revolving demand facility

 
%
 

 
%
China revolving demand facilities

 
%
 
4

 
4.8
%
Total short-term debt
$
480

 
 

 
$
557

 
 

 
Fiscal Year
2012

 
2011

Maximum month-end outstanding during the year
$
480

 
$
690

Average amount outstanding during the year
$
337

 
$
383

Weighted-average interest rate at year-end
2.4
%
 
3.7
%
Schedule of long-term debt
Long-term debt consisted of the following:
 
March 3,
2012

 
February 26,
2011

2013 Notes
$
500

 
$
500

2016 Notes
349

 

2021 Notes
648

 

Convertible debentures

 
402

Financing lease obligations, due 2013 to 2026, interest rates ranging from 3.0% to 8.1%
149

 
170

Capital lease obligations, due 2013 to 2035, interest rates ranging from 2.1% to 8.3%
81

 
79

Other debt, due 2018 to 2022, interest rates ranging from 2.6% to 6.7%
1

 
1

Total long-term debt
$
1,728

 
$
1,152

Less: current portion(1)
(43
)
 
(441
)
Total long-term debt, less current portion
$
1,685

 
$
711

(1)
Since holders of our convertible debentures could have required us to purchase all or a portion of the debentures on January 15, 2012, we classified the $402 for such debentures in the current portion of long-term debt at February 26, 2011.

Schedule of future maturities of long-term debt, including capitalized leases
At March 3, 2012, the future maturities of long-term debt, including capitalized leases, consisted of the following:
Fiscal Year
 
2013
$
40

2014
542

2015
40

2016
32

2017
369

Thereafter
705

Total long-term debt
$
1,728