XML 78 R66.htm IDEA: XBRL DOCUMENT v2.4.0.6
Retirement Plans (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Mar. 03, 2012
Y
Feb. 26, 2011
Feb. 27, 2010
Defined Contribution Plans      
Employer match of employee contributions upto 3% of pretax annual compensation to 401 (k) defined contribution plan (as a percent) 100.00%    
Percentage of participant's pretax annual compensation matched 100% by employer 3.00%    
Employer match of employee contributions of additional 2% of pretax annual compensation to 401 (k) defined contribution plan (as a percent) 50.00%    
Percentage of participant's pretax annual compensation matched 50% by employer 2.00%    
Total expense recognized for 401(k) defined contribution plans $ 57,036 $ 58,035 $ 59,531
Vesting period (in years) 5    
Expense recognized for supplemental retirement defined contribution plan 4,582 9,433 10,989
Estimated amounts that will be amortized from accumulated other comprehensive loss into net periodic pension expense      
Net actuarial loss (3,839)    
Prior service cost 240    
Asset allocations      
Equity securities (as a percent) 60.00% 58.00%  
Fixed income securities (as a percent) 40.00% 42.00%  
Total (as a percent) 100.00% 100.00%  
Target allocation of plan assets      
U.S. equities (as a percent) 45.00%    
International equities (as a percent) 15.00%    
U.S. fixed income (as a percent) 40.00%    
Total (as a percent) 100.00%    
Defined Benefit Pension Plan
     
Net periodic pension expense      
Service cost 2,988 2,972 2,603
Interest cost 6,501 6,124 6,032
Expected return on plan assets (6,192) (4,819) (2,637)
Amortization of unrecognized prior service cost 639 861 861
Amortization of unrecognized net loss (gain) 2,435 2,114 3,037
Net pension expense (income) 6,371 7,252 9,896
Other changes recognized in other comprehensive loss:      
Unrecognized net (gain) loss arising during period 24,664 279 (4,339)
Prior service cost arising during period (275)    
Amortization of unrecognized prior service costs (639) (861) (860)
Amortization of unrecognized net (loss) gain (2,435) (2,114) (3,037)
Net amount recognized in other comprehensive loss 21,315 (2,696) (8,236)
Net amount recognized in pension expense and other comprehensive loss 27,686 4,556 1,660
Change in benefit obligations:      
Benefit obligation at end of prior year 115,499 103,876  
Service cost 2,988 2,972 2,603
Interest cost 6,501 6,124 6,032
Distributions (6,957) (6,353)  
Change due to change in assumptions 23,574 7,357  
Change due to Plan amendments (275)    
Actuarial (gain) loss 980 1,523  
Benefit obligation at end of year 142,310 115,499 103,876
Change in plan assets:      
Fair value of plan assets at beginning of year 94,195 73,676  
Employer contributions 14,878 13,451 2,681
Actual return on plan assets 7,507 14,858  
Distribution (including expenses paid by the plan) (8,384) (7,790)  
Fair value of plan assets at end of year 108,196 94,195 73,676
Funded status (34,114) (21,304)  
Amounts recognized in consolidated balance sheets consisted of:      
Accrued pension liability (34,114) (21,304)  
Net amount recognized (34,114) (21,304)  
Amounts recognized in accumulated other comprehensive loss consist of:      
Net actuarial (loss) gain (50,168) (28,029)  
Prior service cost (787) (1,700)  
Amount recognized (50,955) (29,729)  
Estimated amounts that will be amortized from accumulated other comprehensive loss into net periodic pension expense      
Accumulated benefit obligation 142,117 114,845  
Significant actuarial assumptions used for all defined benefit plans to determine the benefit obligation      
Discount rate (as a percent) 4.50% 5.50% 6.00%
Rate of increase in future compensation levels (as a percent) 5.00% 5.00% 5.00%
Weighted average assumptions used to determine net cost      
Discount rate (as a percent) 5.50% 6.00% 7.00%
Rate of increase in future compensation levels (as a percent) 5.00% 5.00% 5.00%
Expected long-term rate of return on plan assets (as a percent) 7.75% 7.75% 7.75%
Target allocation of plan assets      
Expected employer contribution during next fiscal year 11,500    
Nonqualified Executive Retirement Plan
     
Net periodic pension expense      
Service cost 21 72 54
Interest cost 771 847 1,130
Amortization of unrecognized net loss (gain) (582) (926) 651
Net pension expense (income) 210 (7) 1,835
Other changes recognized in other comprehensive loss:      
Unrecognized net (gain) loss arising during period 595 593 (1,572)
Amortization of unrecognized net (loss) gain 582 925 (651)
Net amount recognized in other comprehensive loss 1,177 1,518 (2,223)
Net amount recognized in pension expense and other comprehensive loss 1,387 1,511 (388)
Change in benefit obligations:      
Benefit obligation at end of prior year 14,822 14,878  
Service cost 21 72 54
Interest cost 771 847 1,130
Distributions (1,700) (1,568)  
Change due to change in assumptions 823 426  
Actuarial (gain) loss (228) 167  
Benefit obligation at end of year 14,509 14,822 14,878
Change in plan assets:      
Employer contributions 1,700 1,568  
Distribution (including expenses paid by the plan) (1,700) (1,568)  
Funded status (14,509) (14,822)  
Amounts recognized in consolidated balance sheets consisted of:      
Accrued pension liability (14,509) (14,822)  
Net amount recognized (14,509) (14,822)  
Amounts recognized in accumulated other comprehensive loss consist of:      
Net actuarial (loss) gain   1,177  
Amount recognized   1,177  
Estimated amounts that will be amortized from accumulated other comprehensive loss into net periodic pension expense      
Accumulated benefit obligation 14,509 14,731  
Significant actuarial assumptions used for all defined benefit plans to determine the benefit obligation      
Discount rate (as a percent) 4.50% 5.50% 6.00%
Rate of increase in future compensation levels (as a percent) 3.00% 3.00% 3.00%
Weighted average assumptions used to determine net cost      
Discount rate (as a percent) 5.50% 6.00% 7.00%
Rate of increase in future compensation levels (as a percent) 3.00% 3.00% 3.00%
Target allocation of plan assets      
Expected employer contribution during next fiscal year $ 1,662    
Defined benefit plans, annual benefit payment period (in years) 15    
Number of highest annual base salaries of participants used to calculate annual benefit payment 3    
Number of fiscal years prior to date of event giving rise to benefit payment in which annual base salaries may be included in annual benefit payment calculation 10