v3.25.2
Fair Value (Tables)
6 Months Ended
Aug. 29, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
Assets and liabilities measured at fair value within our Condensed Consolidated Balance Sheets as of August 29, 2025 and February 28, 2025 are summarized below:
 Fair Value of Financial InstrumentsAugust 29, 2025
Level 1Level 2Level 3Total
Assets:    
Cash and cash equivalents$216.8 $— $— $216.8 
Restricted cash7.3 — — 7.3 
Managed investment portfolio:
Corporate debt securities - domestic— 17.6 — 17.6 
Corporate debt securities - foreign— 5.2 — 5.2 
Asset-backed securities— 9.8 — 9.8 
U.S. government debt securities8.5 — — 8.5 
Foreign exchange forward contracts— 3.0 — 3.0 
Auction rate security— — 2.7 2.7 
 $232.6 $35.6 $2.7 $270.9 
Liabilities:
Foreign exchange forward contracts$— $(0.3)$— $(0.3)
 $— $(0.3)$— $(0.3)
Fair Value of Financial InstrumentsFebruary 28, 2025
Level 1Level 2Level 3Total
Assets:    
Cash and cash equivalents$346.3 $— $— $346.3 
Restricted cash7.5 — — 7.5 
Managed investment portfolio:
Corporate debt securities - domestic— 18.0 — 18.0 
Corporate debt securities - foreign— 5.7 — 5.7 
Asset-backed securities— 8.6 — 8.6 
U.S. government debt securities9.3 — — 9.3 
Foreign exchange forward contracts— 0.8 — 0.8 
Auction rate security— — 2.8 2.8 
 $363.1 $33.1 $2.8 $399.0 
Liabilities:    
Foreign exchange forward contracts$— $(1.4)$— $(1.4)
 $— $(1.4)$— $(1.4)