v3.25.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Sep. 06, 2025
Sep. 07, 2024
Cash flows from operating activities:    
Net income $ 404.9 $ 386.2
Adjustments to reconcile net income to net cash provided by operating activities:    
(Gain) loss on property dispositions and impairment losses, net (27.5) 49.2
Depreciation and amortization 1,007.4 973.9
Operating lease right-of-use assets amortization 376.1 364.3
LIFO expense 28.3 19.4
Deferred income tax 26.4 (86.7)
Contributions to pension and post-retirement benefit plans, net of expense (income) (72.7) (29.3)
Deferred financing costs 11.5 8.6
Equity-based compensation expense 52.4 66.2
Other operating activities 14.9 17.0
Changes in operating assets and liabilities:    
Receivables, net (133.7) (174.0)
Inventories, net (226.7) (116.9)
Accounts payable, accrued salaries and wages and other accrued liabilities 110.4 88.5
Operating lease liabilities (285.4) (280.6)
Self-insurance assets and liabilities 2.5 21.2
Other operating assets and liabilities (6.8) 67.1
Net cash provided by operating activities 1,282.0 1,374.1
Cash flows from investing activities:    
Payments for property, equipment and intangibles, including lease buyouts (950.5) (952.3)
Proceeds from sale of assets 82.6 19.8
Other investing activities 30.0 7.2
Net cash used in investing activities (837.9) (925.3)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt, including ABL facility 925.0 50.0
Payments on long-term borrowings, including ABL facility (600.3) (200.4)
Payments of obligations under finance leases (21.9) (26.9)
Payments for debt financing costs (18.1) 0.0
Dividends paid on common stock (169.6) (139.0)
Treasury stock purchase, at cost (550.1) 0.0
Employee tax withholding on vesting of restricted stock units (32.0) (41.5)
Net cash used in financing activities (467.0) (357.8)
Net (decrease) increase in cash and cash equivalents and restricted cash (22.9) 91.0
Cash and cash equivalents and restricted cash at beginning of period 297.9 193.2
Cash and cash equivalents and restricted cash at end of period $ 275.0 $ 284.2