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Leases (Tables)
12 Months Ended
Mar. 04, 2023
Leases  
Schedule of components of net lease cost

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​

​

​

​

​

​

​

​

​

​

​

​

Year Ended

​

​

March 4, 2023

    

February 26, 2022

    

February 27, 2021

Operating lease cost

 

$

641,394

​

$

669,421

​

$

651,261

Financing lease cost:

​

​

​

​

​

​

​

​

​

Amortization of right-of-use asset

​

 

3,471

​

​

3,638

​

​

4,359

Interest on long-term finance lease liabilities

​

 

1,968

​

​

2,167

​

​

2,505

Total finance lease costs

 

$

5,439

​

$

5,805

​

$

6,864

Short-term lease costs

​

 

3,126

​

​

3,180

​

​

3,214

Variable lease costs

​

 

178,263

​

​

175,697

​

​

172,088

Less: sublease income

​

 

(12,871)

​

​

(13,510)

​

​

(14,886)

Net lease cost

 

$

815,351

​

$

840,593

​

$

818,541

Schedule of supplemental cash flow information related to leases

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​

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​

​

​

​

​

​

Year Ended

​

    

March 4, 2023

    

February 26, 2022

 

February 27, 2021

Cash paid for amounts included in the measurement of lease liabilities:

​

​

​

​

​

​

​

​

​

Operating cash flows paid for operating leases

 

$

706,506

 

$

703,326

 

$

683,226

Operating cash flows paid for interest portion of finance leases

​

 

1,968

​

 

2,167

​

 

2,505

Financing cash flows paid for principal portion of finance leases

​

 

4,019

​

 

4,117

​

 

4,744

Right-of-use assets obtained in exchange for lease obligations:

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​

​

​

​

​

​

​

​

Operating leases

​

 

264,507

​

 

350,132

​

 

513,215

Finance leases

​

 

—

​

 

—

​

 

—

Schedule of supplemental balance sheet information related to leases

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​

March 4,

 

February 26,

 

​

    

2023

 

2022

 

Operating leases:

​

​

​

​

​

​

​

Operating lease right-of-use asset

 

$

2,497,206

​

$

2,813,535

​

​

​

​

​

​

​

​

​

Short-term operating lease liabilities

 

$

502,403

​

$

575,651

​

Long-term operating lease liabilities

​

 

2,372,943

​

 

2,597,090

​

Total operating lease liabilities

 

$

2,875,346

​

$

3,172,741

​

​

​

​

​

​

​

​

​

Finance leases:

​

​

​

​

​

​

​

Property, plant and equipment, net

 

$

13,576

​

$

13,950

​

​

​

​

​

​

​

​

​

Current maturities of long-term debt and lease financing obligations

 

$

6,332

​

$

5,544

​

Lease financing obligations, less current maturities

​

 

12,580

​

 

14,830

​

Total finance lease liabilities

 

$

18,912

​

$

20,374

​

Weighted average remaining lease term

​

​

​

​

​

​

​

Operating leases

​

 

7.5

​

 

7.7

​

Finance leases

​

 

8.0

​

 

8.7

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​

​

​

​

​

​

​

​

Weighted average discount rate

​

​

​

​

​

​

​

Operating leases

​

 

6.5

%

 

6.0

%

Finance leases

​

 

9.0

%

 

10.0

%

Schedule of minimum lease payments, financing leases

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​

​

​

​

​

​

​

​

​

​

​

​

March 4, 2023

​

​

Finance

​

Operating

​

​

Fiscal year

    

Leases

    

 Leases(1)

    

Total

2024

 

$

3,188

 

$

677,631

 

$

680,819

2025

​

 

7,732

​

 

593,857

​

 

601,589

2026

​

 

2,421

​

 

507,388

​

 

509,809

2027

​

 

1,567

​

 

426,503

​

 

428,070

2028

​

 

1,500

​

 

351,942

​

 

353,442

Thereafter

​

 

10,923

​

 

1,148,719

​

 

1,159,642

Total lease payments

​

 

27,331

​

 

3,706,040

​

 

3,733,371

Less: imputed interest

​

 

(8,419)

​

 

(830,694)

​

 

(839,113)

Total lease liabilities

 

$

18,912

 

$

2,875,346

 

$

2,894,258

Schedule of minimum lease payments, operating leases

​

​

​

​

​

​

​

​

​

​

​

​

​

March 4, 2023

​

​

Finance

​

Operating

​

​

Fiscal year

    

Leases

    

 Leases(1)

    

Total

2024

 

$

3,188

 

$

677,631

 

$

680,819

2025

​

 

7,732

​

 

593,857

​

 

601,589

2026

​

 

2,421

​

 

507,388

​

 

509,809

2027

​

 

1,567

​

 

426,503

​

 

428,070

2028

​

 

1,500

​

 

351,942

​

 

353,442

Thereafter

​

 

10,923

​

 

1,148,719

​

 

1,159,642

Total lease payments

​

 

27,331

​

 

3,706,040

​

 

3,733,371

Less: imputed interest

​

 

(8,419)

​

 

(830,694)

​

 

(839,113)

Total lease liabilities

 

$

18,912

 

$

2,875,346

 

$

2,894,258

(1)Future operating lease payments have not been reduced by minimum sublease rentals of $24.0 million due in the future under noncancelable leases.