Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions |
3 Months Ended |
May 24, 2019 |
May 25, 2018 |
| OPERATING ACTIVITIES |
|
|
|
| Net income |
|
$ 17.8
|
$ 17.0
|
| Depreciation and amortization |
|
20.3
|
17.5
|
| Non-cash stock compensation |
|
9.5
|
9.2
|
| Equity in income of unconsolidated affiliates |
|
(2.5)
|
(3.3)
|
| Dividends received from unconsolidated affiliates |
|
4.6
|
1.7
|
| Other |
|
1.2
|
(2.9)
|
| Changes in operating assets and liabilities net of acquisitions: |
|
|
|
| Accounts receivable |
|
(15.0)
|
(42.2)
|
| Inventories |
|
(17.7)
|
(20.4)
|
| Other assets |
|
1.1
|
(1.1)
|
| Accounts payable |
|
23.2
|
21.8
|
| Employee compensation liabilities |
|
(93.6)
|
(75.4)
|
| Employee benefit obligations |
|
(24.2)
|
(26.6)
|
| Accrued Liabilities and Other Operating Liabilities |
|
4.3
|
(13.0)
|
| Net cash provided by operating activities |
|
(71.0)
|
(117.7)
|
| INVESTING ACTIVITIES |
|
|
|
| Capital expenditures |
|
(14.8)
|
(15.8)
|
| Other |
|
1.1
|
7.9
|
| Net cash provided by (used in) investing activities |
|
(13.7)
|
(7.9)
|
| FINANCING ACTIVITIES |
|
|
|
| Dividends paid |
|
(17.3)
|
(16.3)
|
| Common stock repurchases |
|
(4.0)
|
(3.4)
|
| Proceeds from (Payments for) Other Financing Activities |
|
0.1
|
0.0
|
| Repayments of long-term debt |
|
(0.6)
|
(0.7)
|
| Net cash used in financing activities |
|
(21.8)
|
(20.4)
|
| Effect of exchange rate changes on cash and cash equivalents |
|
(0.7)
|
(1.3)
|
| Net decrease in cash, cash equivalents and restricted cash |
|
(107.2)
|
(147.3)
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents |
[1] |
264.8
|
285.6
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents |
[2] |
157.6
|
138.3
|
| Restricted Cash |
|
$ 4.9
|
$ 3.4
|
|
|