v3.26.1
LEASES (Tables)
 12 Months Ended
Feb. 28, 2026
Leases [Abstract]  
Schedule of Components of Lease Expense and Supplemental Cash Flow Information
The components of total lease cost, net consisted of the following (in millions):
ClassificationFiscal
 2025		Fiscal
 2024		Fiscal
 2023
Operating lease cost (1)Cost of sales and Selling and administrative expenses (3)$1,167.1 $1,111.5 $1,082.8 
Finance lease cost
Amortization of lease assetsCost of sales and Selling and administrative expenses (3)40.6 45.8 51.7 
Interest on lease liabilitiesInterest expense, net34.4 38.8 45.5 
Variable lease cost (2)Cost of sales and Selling and administrative expenses (3)483.1 465.8 456.3 
Sublease incomeNet sales and other revenue(72.3)(76.0)(78.6)
Total lease cost, net$1,652.9 $1,585.9 $1,557.7 
(1) Includes short-term lease cost, which is immaterial.
(2) Represents variable lease costs for both operating and finance leases. Includes contingent rent expense and other non-fixed lease-related costs, including property taxes, common area maintenance and property insurance.
(3) Supply chain-related amounts are included in Cost of sales.
The following table presents cash flow information for leases (in millions):
Fiscal
 2025		Fiscal
 2024		Fiscal
 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$1,109.8 $1,070.1 $1,042.0 
Operating cash flows from finance leases34.4 38.8 45.5 
Financing cash flows from finance leases51.0 60.6 69.3 
Right-of-use assets obtained in exchange for operating lease obligations689.6 868.6 773.0 
Right-of-use assets obtained in exchange for finance lease obligations41.6 41.3 22.6 
Impairment of right-of-use operating lease assets6.3 7.0 1.8 

The following table presents the weighted average lease term and discount rate for leases:
February 28,
2026		February 22,
2025
Weighted average remaining lease term - operating leases9.9 years10.2 years
Weighted average remaining lease term - finance leases10.5 years9.7 years
Weighted average discount rate - operating leases6.4 %6.4 %
Weighted average discount rate - finance leases8.7 %9.2 %
Schedule of Balance Sheet Information
Balance sheet information related to leases as of February 28, 2026 and February 22, 2025 consisted of the following (in millions):
ClassificationFebruary 28,
2026		February 22,
2025
Assets
OperatingOperating lease right-of-use assets$6,102.4 $6,153.4 
FinanceProperty and equipment, net287.9 288.0 
Total lease assets$6,390.3 $6,441.4 
Liabilities
Current
OperatingCurrent operating lease obligations$736.7 $705.5 
FinanceCurrent maturities of long-term debt and finance lease obligations48.9 57.0 
Long-term
OperatingLong-term operating lease obligations5,613.6 5,657.2 
FinanceLong-term debt and finance lease obligations364.0 370.9 
Total lease liabilities$6,763.2 $6,790.6 
Schedule of Future Minimum Lease Payments For Finance Lease Obligations
Future minimum lease payments for operating and finance lease obligations as of February 28, 2026 consisted of the following (in millions):
Lease Obligations
Fiscal yearOperating LeasesFinance Leases
2026$1,038.5 $72.8 
20271,060.8 70.9 
2028980.9 62.6 
2029880.1 54.3 
2030783.4 49.6 
Thereafter4,007.7 299.9 
Total future minimum obligations 8,751.4 610.1 
Less interest(2,401.1)(197.2)
Present value of net future minimum lease obligations6,350.3 412.9 
Less current portion(736.7)(48.9)
Long-term obligations$5,613.6 $364.0 
Schedule of Future Minimum Lease Payments For Operating Leases
Future minimum lease payments for operating and finance lease obligations as of February 28, 2026 consisted of the following (in millions):
Lease Obligations
Fiscal yearOperating LeasesFinance Leases
2026$1,038.5 $72.8 
20271,060.8 70.9 
2028980.9 62.6 
2029880.1 54.3 
2030783.4 49.6 
Thereafter4,007.7 299.9 
Total future minimum obligations 8,751.4 610.1 
Less interest(2,401.1)(197.2)
Present value of net future minimum lease obligations6,350.3 412.9 
Less current portion(736.7)(48.9)
Long-term obligations$5,613.6 $364.0