Deferred Costs
 3 Months Ended
May 27, 2016
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Deferred Costs

Note 10 – Deferred Costs

Deferred costs and future payment commitments for retail supply agreements are included in the following financial statement captions:

 

(In thousands)    May 27, 2016      February 29, 2016      May 29, 2015  

Prepaid expenses and other

    $ 85,895       $ 92,639       $ 95,001   

Other assets

      362,918         378,223         429,532   
  

 

 

     

 

 

     

 

 

  

Deferred cost assets

      448,813         470,862         524,533   

Other current liabilities

      (62,194 )       (47,142 )       (53,530 ) 

Other liabilities

      (125,808 )       (145,856 )       (177,133 ) 
  

 

 

     

 

 

     

 

 

  

Deferred cost liabilities

      (188,002 )       (192,998 )       (230,663 ) 
  

 

 

     

 

 

     

 

 

  

Net deferred costs

    $ 260,811       $ 277,864       $ 293,870   
  

 

 

     

 

 

     

 

 

  

The Corporation maintains a general allowance for deferred costs related to supply agreements of $3.3 million, $3.6 million and $2.2 million at May 27, 2016, February 29, 2016 and May 29, 2015, respectively. This allowance is included in “Other assets” on the Consolidated Statement of Financial Position.