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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Mar. 04, 2017
Feb. 27, 2016
Feb. 28, 2015
OPERATING ACTIVITIES:      
Net income $ 4,053 $ 165,465 $ 2,109,173
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation and amortization 568,231 509,212 416,628
Lease termination and impairment charges 55,294 48,423 41,945
LIFO (credit) charge (6,620) 11,163 (18,857)
(Gain) loss on sale of assets, net (4,024) 3,303 (3,799)
Stock-based compensation expense 23,482 37,948 23,390
Loss on debt retirements, net   33,205 18,512
Changes in deferred taxes 35,038 79,488 (1,726,487)
Excess tax benefit on stock options and restricted stock (543) (22,884) (41,563)
Changes in operating assets and liabilities:      
Accounts receivable (166,765) 291,659 (25,902)
Inventories (133,543) 181,958 129,985
Accounts payable 29,528 (21,187) (169,952)
Other assets and liabilities, net (178,268) (320,351) (104,114)
Net cash provided by operating activities 225,863 997,402 648,959
INVESTING ACTIVITIES:      
Payments for property, plant and equipment (424,289) (541,347) (426,828)
Intangible assets acquired (56,822) (128,648) (112,558)
Acquisition of businesses, net of cash acquired   (1,778,377) (69,793)
Proceeds from sale-leaseback transactions   36,732  
Proceeds from dispositions of assets and investments 16,852 9,782 15,494
Net cash used in investing activities (464,259) (2,401,858) (593,685)
FINANCING ACTIVITIES:      
Proceeds from issuance of long-term debt   1,800,000 1,152,293
Net proceeds from revolver 330,000 375,000 1,325,000
Principal payments on long-term debt (21,239) (672,717) (2,595,709)
Change in zero balance cash accounts 43,080 (62,878) 1,081
Net proceeds from issuance of common stock 6,951 11,376 24,117
Financing fees paid for early debt redemption   (26,003) (13,841)
Excess tax benefit on stock options and restricted stock 543 22,884 41,563
Deferred financing costs paid   (34,634) (20,285)
Net cash provided by (used in) financing activities 359,335 1,413,028 (85,781)
Increase (decrease) in cash and cash equivalents 120,939 8,572 (30,507)
Cash and cash equivalents, beginning of year 124,471 115,899 146,406
Cash and cash equivalents, end of year $ 245,410 $ 124,471 $ 115,899