Leases (Tables)

6 Months Ended

Aug. 27, 2022

Leases

Schedule of components of net lease cost

	Thirteen Week Period Ended				Twenty-Six Week Period Ended
	August 27, 2022		August 28, 2021		August 27, 2022		August 28, 2021
Operating lease cost	$	157,956	$	168,474	$	317,801	$	337,968
Financing lease cost:
Amortization of right-of-use asset		863		920		1,672		1,931
Interest on long-term finance lease liabilities		503		551		1,004		1,119
Total finance lease costs	$	1,366	$	1,471	$	2,676	$	3,050
Short-term lease costs		585		996		1,042		2,095
Variable lease costs		43,652		44,148		86,297		90,186
Less: sublease income		(3,393)		(3,427)		(6,616)		(6,770)
Net lease cost	$	200,166	$	211,662	$	401,200	$	426,529

Schedule of supplemental cash flow information related to leases

	Twenty-Six Week Period Ended
	August 27, 2022		August 28, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases	$	350,177	$	352,532
Operating cash flows paid for interest portion of finance leases		1,004		1,119
Financing cash flows paid for principal portion of finance leases		1,940		2,144
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		155,710		164,128
Finance leases		—		—

Schedule of supplemental balance sheet information related to leases

	August 27,			February 26,
	2022			2022
Operating leases:
Operating lease right-of-use asset	$	2,679,500		$	2,813,535
Short-term operating lease liabilities	$	571,952		$	575,651
Long-term operating lease liabilities		2,496,476			2,597,090
Total operating lease liabilities	$	3,068,428		$	3,172,741
Finance leases:
Property, plant and equipment, net	$	13,504		$	13,950
Current maturities of long-term debt and lease financing obligations	$	5,581		$	5,544
Lease financing obligations, less current maturities		14,009			14,830
Total finance lease liabilities	$	19,590		$	20,374
Weighted average remaining lease term
Operating leases		7.5			7.7
Finance leases		8.4			8.7
Weighted average discount rate
Operating leases		6.1	%		6.0	%
Finance leases		9.6	%		10.0	%

Schedule of minimum lease payments, financing leases

	August 27, 2022
	Finance		Operating
Fiscal year	Leases		Leases(1)		Total
2023 (remaining twenty-seven weeks)	$	5,501	$	406,987	$	412,488
2024		5,333		664,648		669,981
2025		3,082		574,233		577,315
2026		1,387		484,496		485,883
2027		1,500		400,828		402,328
Thereafter		12,293		1,374,454		1,386,747
Total lease payments		29,096		3,905,646		3,934,742
Less: imputed interest		(9,506)		(837,218)		(846,724)
Total lease liabilities	$	19,590	$	3,068,428	$	3,088,018

(1) – Future operating lease payments have not been reduced by minimum sublease rentals of $28 million due in the future under noncancelable leases.

Schedule of minimum lease payments, operating leases

	August 27, 2022
	Finance		Operating
Fiscal year	Leases		Leases(1)		Total
2023 (remaining twenty-seven weeks)	$	5,501	$	406,987	$	412,488
2024		5,333		664,648		669,981
2025		3,082		574,233		577,315
2026		1,387		484,496		485,883
2027		1,500		400,828		402,328
Thereafter		12,293		1,374,454		1,386,747
Total lease payments		29,096		3,905,646		3,934,742
Less: imputed interest		(9,506)		(837,218)		(846,724)
Total lease liabilities	$	19,590	$	3,068,428	$	3,088,018

(1) – Future operating lease payments have not been reduced by minimum sublease rentals of $28 million due in the future under noncancelable leases.