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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Feb. 29, 2020
Mar. 02, 2019
Mar. 03, 2018
Operating activities:      
Net (loss) income $ (452,174) $ (422,213) $ 943,470
Net income from discontinued operations, net of tax 17,045 244,741 1,293,002
Net loss from continuing operations (469,219) (666,954) (349,532)
Adjustments to reconcile to net cash provided by (used in) operating activities of continuing operations :      
Depreciation and amortization 328,277 357,882 386,057
Lease termination and impairment charges 42,843 107,994 58,765
Goodwill and intangible asset impairment charges   375,190 261,727
LIFO (credit) charge (64,804) 23,354 (28,827)
Loss (gain) on sale of assets, net 4,226 (38,012) (25,872)
Stock-based compensation expense 16,087 12,115 25,793
(Gain) loss on debt retirements, net (55,692) 554  
Changes in deferred taxes 385,904 95,638 260,411
Changes in operating assets and liabilities:      
Accounts receivable 486,563 (75,844) (349,481)
Inventories 15,141 (44,645) 18,835
Accounts payable (92,062) 125,925 211,511
Operating lease right-of-use assets and operating lease liabilities 14,112    
Other assets (38,351) 1,000 (10,082)
Other liabilities (62,168) (439,906) 52,165
Net cash provided by (used in) operating activities of continuing operations 510,857 (165,709) 511,470
Investing activities:      
Payments for property, plant and equipment (171,705) (196,778) (185,879)
Intangible assets acquired (42,681) (47,911) (28,885)
Proceeds from insured loss     4,239
Proceeds from dispositions of assets and investments 59,658 43,550 27,586
Proceeds from sale-leaseback transactions, ASC842 4,879    
Proceeds from sale-leaseback transactions, ACS 840   2,587  
Net cash used in investing activities of continuing operations (149,849) (198,552) (182,939)
Financing activities:      
Proceeds from issuance of long-term debt 600,000 450,000  
Net (payments to) proceeds from revolver (225,000) 875,000 (265,000)
Principal payments on long-term debt (706,103) (440,370) (9,882)
Change in zero balance cash accounts 12,671 (59,481) 35,605
Net proceeds from issuance of common stock   2,294 5,796
Payments for taxes related to net share settlement of equity awards (1,921) (2,419) (4,103)
Financing fees paid for early debt redemption (518) (171)  
Deferred financing costs paid (5,781) (21,564)  
Net cash (used in) provided by financing activities of continuing operations (326,652) 803,289 (237,584)
Cash flows from discontinued operations:      
Operating activities of discontinued operations (23,836) (62,956) (245,126)
Investing activities of discontinued operations 63,307 664,740 3,496,222
Financing activities of discontinued operations 0 (1,343,793) (3,140,119)
Net cash provided by (used in) discontinued operations 39,471 (742,009) 110,977
Increase (decrease) in cash and cash equivalents 73,827 (302,981) 201,924
Cash and cash equivalents, beginning of period 144,353 447,334 245,410
Cash and cash equivalents, end of period $ 218,180 $ 144,353 $ 447,334