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Indebtedness and Credit Agreement (Tables)
12 Months Ended
Feb. 27, 2016
Indebtedness and Credit Agreement  
Summary of indebtedness and lease financing obligations

 

                                                                                                                                                                                    

 

 

2016

 

2015

 

Secured Debt:

 

 

 

 

 

 

 

Senior secured revolving credit facility due January 2020 ($2,100,000 and $1,725,000 face value less unamortized debt issuance costs of $33,903 and $42,782)

 

$

2,066,097

 

$

1,682,218

 

8.00% senior secured notes (senior lien) due August 2020 ($650,000 face value less unamortized debt issuance costs of $7,773)

 

 

 

 

642,227

 

Tranche 1 Term Loan (second lien) due August 2020 ($470,000 face value less unamortized debt issuance costs of $5,414 and $6,638)

 

 

464,586

 

 

463,362

 

Tranche 2 Term Loan (second lien) due June 2021 ($500,000 face value less unamortized debt issuance costs of $3,007 and $3,572)

 

 

496,993

 

 

496,428

 

Other secured

 

 

90

 

 

5,367

 

​  

​  

​  

​  

 

 

 

3,027,766

 

 

3,289,602

 

Guaranteed Unsecured Debt:

 

 


 

 

 


 

 

9.25% senior notes due March 2020 ($902,000 face value plus unamortized premium of $2,743 and $3,415 and less unamortized debt issuance costs of $10,180 and $12,783)

 

 

894,563

 

 

892,632

 

6.75% senior notes due June 2021 ($810,000 face value less unamortized debt issuance costs of $7,872 and $9,355)

 

 

802,128

 

 

800,645

 

6.125% senior notes due April 2023 ($1,800,000 face value less unamortized debt issuance costs of $30,343)

 

 

1,769,657

 

 

 

​  

​  

​  

​  

 

 

 

3,466,348

 

 

1,693,277

 

Unguaranteed Unsecured Debt:

 

 


 

 

 


 

 

8.5% convertible notes due May 2015 ($64,168 face value less unamortized debt issuance costs of $63)

 

 

 

 

64,105

 

7.7% notes due February 2027 ($295,000 face value less unamortized debt issuance costs of $1,794 and $1,959)

 

 

293,206

 

 

293,041

 

6.875% fixed-rate senior notes due December 2028 ($128,000 face value less unamortized debt issuance costs of $837 and $902)

 

 

127,163

 

 

127,098

 

​  

​  

​  

​  

 

 

 

420,369

 

 

484,244

 

Lease financing obligations

 

 

79,653

 

 

91,993

 

​  

​  

​  

​  

Total debt

 

 

6,994,136

 

 

5,559,116

 

Current maturities of long-term debt and lease financing obligations

 

 

(26,848

)

 

(100,376

)

​  

​  

​  

​  

Long-term debt and lease financing obligations, less current maturities

 

$

6,967,288

 

$

5,458,740

 

​  

​  

​  

​  

​  

​  

​  

​