The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of February 22, 2026: | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Net Value | Assets: | | | | | | | | | | | | | Derivative assets | | $ | 3.4 | | $ | 1.8 | | $ | — | | $ | 5.2 | Deferred compensation assets | | | 6.5 | | | — | | | — | | | 6.5 | Available-for-sale debt securities | | | — | | | — | | | 2.0 | | | 2.0 | Total assets | | $ | 9.9 | | $ | 1.8 | | $ | 2.0 | | $ | 13.7 | Liabilities: | | | | | | | | | | | | | Derivative liabilities | | $ | — | | $ | 4.4 | | $ | — | | $ | 4.4 | Deferred compensation liabilities | | | 77.8 | | | — | | | — | | | 77.8 | Total liabilities | | $ | 77.8 | | $ | 4.4 | | $ | — | | $ | 82.2 |
The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of May 25, 2025: | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Net Value | Assets: | | | | | | | | | | | | | Derivative assets | | $ | 4.7 | | $ | — | | $ | — | | $ | 4.7 | Deferred compensation assets | | | 6.0 | | | — | | | — | | | 6.0 | Available-for-sale debt securities | | | — | | | — | | | 2.2 | | | 2.2 | Total assets | | $ | 10.7 | | $ | — | | $ | 2.2 | | $ | 12.9 | Liabilities: | | | | | | | | | | | | | Derivative liabilities | | $ | — | | $ | 5.1 | | $ | — | | $ | 5.1 | Deferred compensation liabilities | | | 70.9 | | | — | | | — | | | 70.9 | Total liabilities | | $ | 70.9 | | $ | 5.1 | | $ | — | | $ | 76.0 |
|