Albertsons Companies (ACI) S-1/A 18 Jun 20 IPO registration (amended) Financial data

Cover Page

Cover Page	12 Months Ended
	Feb. 29, 2020
Cover [Abstract]
Document Type	S-1/A
Entity Registrant Name	Albertsons Companies, Inc.
Entity Central Index Key	0001646972
Entity Filer Category	Non-accelerated Filer
Amendment Flag	true
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Incorporation, State or Country Code	DE
Amendment Description	ACI is a Delaware corporation. AB Acquisition LLC ("AB Acquisition") is a Delaware limited liability company. ACI was formed for the purpose of reorganizing the organizational structure of AB Acquisition and its direct and indirect consolidated subsidiaries. Prior to December 3, 2017, ACI had no material assets or operations. On December 3, 2017, Albertsons Companies, LLC, a Delaware limited liability company, and its parent, AB Acquisition, completed a reorganization of their legal entity structure whereby the existing equityholders of AB Acquisition each contributed their equity interests in AB Acquisition to Albertsons Investor Holdings LLC ("Albertsons Investor") or KIM ACI, LLC ("KIM ACI"). In exchange, equityholders received a proportionate share of units in Albertsons Investor and KIM ACI, respectively. Albertsons Investor and KIM ACI then contributed all of the equity interests they received to ACI in exchange for common stock issued by ACI. As a result, Albertsons Investor and KIM ACI became the parents of ACI, owning all of the outstanding common stock of ACI, with AB Acquisition and its subsidiary, Albertsons Companies, LLC, becoming wholly-owned subsidiaries of ACI. On February 25, 2018, Albertsons Companies, LLC, merged with and into ACI, with ACI as the surviving corporation (the "ACI Reorganization Transactions"). Prior to February 25, 2018, substantially all of the assets and operations of ACI were those of its subsidiary, Albertsons Companies, LLC. On June 9, 2020, we used cash in an amount equal to the proceeds from the sale and issuance of our 6.75% Series A-1 convertible preferred stock, $0.01 par value ("Series A-1 preferred stock"), and 6.75% Series A convertible preferred stock, $0.01 par value ("Series A preferred stock" and together with the Series A-1 preferred stock, the "Convertible Preferred Stock"), and the Investor Exchange Right (as defined herein) to repurchase 101,611,736 shares of outstanding common stock from certain Pre-IPO Stockholders (as defined herein) (the "Repurchase"). In connection with, and prior to the closing of,this offering, Albertsons Investor and KIM ACI will distribute all common stock of ACI held by them to their respective equityholders (the "Distribution"). As a result, following the Repurchase and the Distribution, Albertsons Investor and KIM ACI will no longer be the stockholders of ACI.

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Feb. 29, 2020	Feb. 23, 2019
Current assets
Cash and cash equivalents	$ 470.7	$ 926.1
Receivables, net	525.3	586.2
Inventories, net	4,352.5	4,332.8
Prepaid assets	255	316.2
Other current assets	127.8	88.7
Total current assets	5,731.3	6,250
Property and equipment, net	9,211.9	9,861.3
Operating lease right-of-use assets	5,867.4
Intangible assets, net	2,087.2	2,834.5
Goodwill	1,183.3	1,183.3
Other assets	654	647.5
TOTAL ASSETS	24,735.1	20,776.6
Current liabilities
Accounts payable	2,891.1	2,918.7
Accrued salaries and wages	1,126	1,054.7
Current maturities of long-term debt and finance lease obligations	221.4	148.8
Current operating lease obligations	563.1
Current portion of self-insurance liability	308.9	306.8
Taxes other than income taxes	318.1	309
Other current liabilities	475.7	414.7
Total current liabilities	5,904.3	5,152.7
Long-term debt and finance lease obligations	8,493.3	10,437.6
Long-term operating lease obligations	5,402.8
Deferred income taxes	613.8	561.4
Long-term self-insurance liability	838.5	839.5
Other long-term liabilities	1,204.3	2,334.7
Commitments and contingencies
STOCKHOLDERS' EQUITY
Preferred stock, $0.01 par value; 30,000,000 shares authorized, no shares issued and outstanding as of February 29, 2020 and February 23, 2019, respectively	0	0
Common stock, $0.01 par value; 1,000,000,000 shares authorized, 579,325,630 and 575,771,525 shares issued and outstanding as of February 29, 2020 and February 23, 2019, respectively	5.8	5.8
Additional paid-in capital	1,824.3	1,811.2
Treasury stock, at cost, 3,671,621 shares held as of February 29, 2020 and February 23, 2019, respectively	(25.8)	(25.8)
Accumulated other comprehensive (loss) income	(118.5)	91.3
Retained earnings (accumulated deficit)	592.3	(431.8)
Total stockholders' equity	2,278.1	1,450.7
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 24,735.1	$ 20,776.6

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Feb. 29, 2020	Feb. 23, 2019
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	30,000,000	30,000,000
Preferred stock, shares outstanding (in shares)	0	0
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	1,000,000,000	1,000,000,000
Common stock, shares outstanding (in shares)	579,325,630	575,771,525
Common stock shares issued (in shares)	579,325,630	575,771,525
Treasury stock, at cost (in shares)	3,671,621	3,671,621

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Income Statement [Abstract]
Net sales and other revenue	$ 62,455.1	$ 60,534.5	$ 59,924.6
Cost of sales	44,860.9	43,639.9	43,563.5
Gross profit	17,594.2	16,894.6	16,361.1
Selling and administrative expenses	16,641.9	16,272.3	16,208.7
(Gain) loss on property dispositions and impairment losses, net	(484.8)	(165)	66.7
Goodwill impairment			142.3
Operating income (loss)	1,437.1	787.3	(56.6)
Interest expense, net	698	830.8	874.8
Loss (gain) on debt extinguishment	111.4	8.7	(4.7)
Other expense (income), net	28.5	(104.4)	(9.2)
Income (loss) before income taxes	599.2	52.2	(917.5)
Income tax expense (benefit)	132.8	(78.9)	(963.8)
Net income	466.4	131.1	46.3
Other comprehensive income (loss), net of tax:
(Loss) gain on interest rate swaps	(3.4)	(15.5)	47
Recognition of pension (loss) gain	(210.5)	(83.1)	92.2
Foreign currency translation adjustment	0.3	(0.3)	65
Other	3.8	(0.9)	(0.3)
Other comprehensive (loss) income	(209.8)	(99.8)	203.9
Comprehensive income	$ 256.6	$ 31.3	$ 250.2
Net income per common share
Basic net income per common share	$ 0.80	$ 0.23	$ 0.08
Diluted net income per common share	$ 0.80	$ 0.23	$ 0.08
Weighted average common shares outstanding
Basic	579.4	580.5	579.5
Diluted	580.3	580.7	579.5

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Cash flows from operating activities:
Net income	$ 466.4	$ 131.1	$ 46.3
Adjustments to reconcile net income to net cash provided by operating activities:
(Gain) loss on property dispositions and impairment losses, net	(484.8)	(165)	66.7
Goodwill impairment			142.3
Depreciation and amortization	1,691.3	1,738.8	1,898.1
Operating lease right-of-use assets amortization	570.3
LIFO expense	18.4	8	3
Deferred income tax	(5.9)	(81.5)	(1,094.1)
Pension and post-retirement benefits (income) expense	(2)	24.5	(0.9)
Contributions to pension and post-retirement benefit plans	(11)	(199.3)	(21.9)
Loss (gain) on interest rate swaps and commodity hedges, net	50.6	(1.3)	(6.2)
Amortization and write-off of deferred financing costs	39.8	42.7	56.1
Loss (gain) on debt extinguishment	111.4	8.7	(4.7)
Equity-based compensation expense	32.8	47.7	45.9
Other operating activities	2.5	(42.7)	110.3
Changes in operating assets and liabilities, net of effects of acquisition of businesses:
Receivables, net	60.8	28.8	21.7
Inventories, net	(38.1)	80.3	45.6
Accounts payable, accrued salaries and wages and other accrued liabilities	85.3	98.4	(158.2)
Operating lease liabilities	(584.4)
Self-insurance assets and liabilities	(4)	(48.7)	(55.3)
Other operating assets and liabilities	(95.5)	17.4	(75.9)
Net cash provided by operating activities	1,903.9	1,687.9	1,018.8
Cash flows from investing activities:
Business acquisitions, net of cash acquired			(148.8)
Payments for property, equipment and intangibles, including payments for lease buyouts	(1,475.1)	(1,362.6)	(1,547)
Proceeds from sale of assets	1,096.7	1,252	939.2
Proceeds from sale of Casa Ley			344.2
Other investing activities	(0.1)	23.8	(56.6)
Net cash used in investing activities	(378.5)	(86.8)	(469)
Cash flows from financing activities:
Proceeds from issuance of long-term debt	3,874	1,969.8	290
Payments on long-term borrowings	(5,676.6)	(3,082.3)	(870.6)
Payments of obligations under finance leases	(109.3)	(97.5)	(107.2)
Payments for debt financing costs	(53.2)	(27)	(1.5)
Payment of Casa Ley contingent value right			(222)
Employee tax withholding on vesting of phantom units	(18.8)	(15.3)	(17.5)
Member distributions			(250)
Purchase of treasury stock, at cost		(25.8)
Proceeds from financing leases			137.6
Other financing activities	(30.3)	(36.1)	(56.9)
Net cash used in financing activities	(2,014.2)	(1,314.2)	(1,098.1)
Net (decrease) increase in cash and cash equivalents and restricted cash	(488.8)	286.9	(548.3)
Cash and cash equivalents and restricted cash at beginning of period	967.7	680.8	1,229.1
Cash and cash equivalents and restricted cash at end of period	478.9	967.7	680.8
Reconciliation of capital investments:
Payments for property and equipment, including payments for lease buyouts	(1,475.1)	(1,362.6)	(1,547)
Payments for lease buyouts	7.7	18.9	26.5
Total payments for capital investments, excluding lease buyouts	(1,467.4)	(1,343.7)	(1,520.5)
Non-cash investing and financing activities were as follows:
Additions of finance lease obligations, excluding business acquisitions		6	31
Purchases of property and equipment included in accounts payable	230.8	243.1	179.7
Interest and income taxes paid:
Interest paid, net of amount capitalized	718.5	805.9	813.5
Income taxes paid	$ 228.8	$ 18.2	$ 15.8

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' / Member Equity - USD ($) $ in Millions	Total	Prior To Reorganization [Member]	After Reorganization [Member]	Member investmentAlbertsons Companies, LLC	Member investmentAlbertsons Companies, LLCPrior To Reorganization [Member]	Accumulated other comprehensive income (loss)	Accumulated other comprehensive income (loss)After Reorganization [Member]	Accumulated other comprehensive income (loss)Albertsons Companies, LLC	Accumulated other comprehensive income (loss)Albertsons Companies, LLCPrior To Reorganization [Member]	(Accumulated deficit) / Retained earnings	(Accumulated deficit) / Retained earningsAfter Reorganization [Member]	(Accumulated deficit) / Retained earningsAlbertsons Companies, LLC	(Accumulated deficit) / Retained earningsAlbertsons Companies, LLCPrior To Reorganization [Member]	Common Stock	Additional paid in capital	Additional paid in capitalAfter Reorganization [Member]	Treasury Stock
Beginning balance at Feb. 25, 2017	$ 1,371.2			$ 1,999.3				$ (12.8)				$ (615.3)
STOCKHOLDERS' EQUITY
Equity-based compensation prior to Reorganization Transactions		$ 24.6			$ 24.6
Employee tax withholding on vesting of phantom units prior to Reorganization Transactions		(17.4)			(17.4)
Member distribution		(250)			(250)
Other member activity		(1.6)			$ (1.6)
Net income	46.3	(342)	$ 388.3								$ 388.3		$ (342)
Reorganization Transactions (in shares)														579,443,146
Reorganization Transactions				$ (1,754.9)		$ 26.5		$ (26.5)		$ (957.3)		$ 957.3		$ 5.8	$ 1,749.1
Equity-based compensation after Reorganization Transactions			21.3													$ 21.3
Employee tax withholding on vesting of phantom units after Reorganization Transactions			(0.1)													$ (0.1)
Other comprehensive income (loss), net of tax		$ 39.3	$ 164.6				$ 164.6		$ 39.3
Ending balance (in shares) at Feb. 24, 2018														579,443,146
Ending balance at Feb. 24, 2018	1,398.2					191.1				(569)				$ 5.8	1,770.3
STOCKHOLDERS' EQUITY
Net income	131.1									131.1
Treasury stock purchases, at cost (in shares)														(3,671,621)
Treasury stock purchases, at cost	(25.8)																$ (25.8)
Reorganization Transactions	13.1														13.1
Equity-based compensation after Reorganization Transactions	47.7														47.7
Employee tax withholding on vesting of phantom units after Reorganization Transactions	(15.3)														(15.3)
Other comprehensive income (loss), net of tax	(99.8)					(99.8)
Other activity	1.5									6.1					(4.6)
Ending balance (in shares) at Feb. 23, 2019														575,771,525
Ending balance at Feb. 23, 2019	1,450.7					91.3				(431.8)				$ 5.8	1,811.2		(25.8)
STOCKHOLDERS' EQUITY
Net income	49
Issuance of common stock to Company's parents (in shares)														3,554,105
Net income	466.4									466.4
Equity-based compensation after Reorganization Transactions	32.8														32.8
Employee tax withholding on vesting of phantom units after Reorganization Transactions	(18.8)														(18.8)
Other comprehensive income (loss), net of tax	(226.4)					(226.4)
Other activity	(1.2)									(0.3)					(0.9)
Ending balance (in shares) at Feb. 29, 2020														579,325,630
Ending balance at Feb. 29, 2020	2,278.1					(118.5)				592.3				$ 5.8	$ 1,824.3		$ (25.8)
STOCKHOLDERS' EQUITY
Adoption of new accounting standards, net of tax	$ 574.6					$ 16.6				$ 558

DESCRIPTION OF BUSINESS, BASIS

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Feb. 29, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1—DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Description of Business Albertsons Companies, Inc. and its subsidiaries (the “Company” or “ACI”) is a food and drug retailer that, as of February 29, 2020, operated 2,252 retail stores together with 402 associated fuel centers, 23 dedicated distribution centers, 20 manufacturing facilities and various online platforms. The Company’s retail food businesses and in-store Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw’s, Star Market, United Supermarkets, Market Street Haggen Basis of Presentation and Reorganization Transactions The Company’s Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Intercompany transactions and accounts have been eliminated in consolidation for all periods presented. The Company’s investments in unconsolidated affiliates are recorded using the equity method. Prior to December 3, 2017, ACI had no material assets or operations. On December 3, 2017, Albertsons Companies, LLC (“ACL”) and its parent, AB Acquisition LLC, a Delaware limited liability company (“AB Acquisition”), completed a reorganization of its legal entity structure whereby the existing equityholders of AB Acquisition each contributed their equity interests in AB Acquisition to Albertsons Investor Holdings LLC (“Albertsons Investor”) and KIM ACI, LLC (“KIM ACI”). In exchange, equityholders received a proportionate share of units in Albertsons Investor and KIM ACI, respectively. Albertsons Investor and KIM ACI then contributed all of the AB Acquisition equity interests they received to ACI in exchange for common stock issued by ACI. As a result, Albertsons Investor and KIM ACI became the parents of ACI, owning all of its outstanding common stock, with AB Acquisition and its subsidiary, ACL, becoming wholly-owned subsidiaries of ACI. On February 25, 2018, ACL merged with and into ACI, with ACI as the surviving corporation (such transactions, collectively, the “Reorganization Transactions”). Prior to February 25, 2018, substantially all of the assets and operations of ACI were those of its subsidiary, ACL. The Reorganization Transactions were accounted for as a transaction between entities under common control and, accordingly, there was no change in the basis of the underlying assets and liabilities. The Consolidated Financial Statements are reflective of the changes that occurred as a result of the Reorganization Transactions. Prior to February 25, 2018, the Consolidated Financial Statements of ACI reflect the net assets and operations of ACL. Prior Period Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation, specifically the reclassification of gains and losses from property dispositions and impairment losses from Selling and administrative expenses to (Gain) loss on property dispositions and impairment losses, net on the Consolidated Statements of Operations and Comprehensive Income. Significant Accounting Policies Fiscal year: each consist of 12 weeks, and the fiscal year generally consists of 52 weeks. For the fiscal year ended February 29, 2020, the fourth quarter consisted of 13 weeks, and the fiscal year consisted of 53 weeks. For each of the prior years presented, the fiscal year consisted of 52 weeks. Use of estimates: Financial Cash and cash equivalents: Restricted cash: Receivables, net: Inventories, net: As of February 29, 2020 and February 23, 2019, approximately 85.6% and 85.9%, respectively, of the Company’s inventories were valued under the last-in, first-out cost-to-retail first-in, first-out Assets held for sale: Consolidated Balance Sheets. As of February 29, 2020, and February 23, 2019, immaterial amounts of assets and liabilities held for sale are recorded in other current assets and other current liabilities, respectively. Property and equipment, net: seven ten three six Property and equipment under finance leases are recorded at the lower of the present value of the future minimum lease payments or the fair value of the asset and are amortized on the straight-line method over the lesser of the lease term or the estimated useful life. Interest capitalized on property under construction was immaterial for all periods presented. Leases: right-of-use The Company has lease agreements with non-lease Non-lease Non-lease Impairment of long-lived assets: Intangible assets, net: three lived intangible assets for impairment in accordance with its policy for long-lived assets. Intangible assets with indefinite useful lives, which are not amortized, consist of restricted covenants and liquor licenses. The Company reviews intangible assets with indefinite useful lives and tests for impairment annually on the first day of the fourth quarter and also if events or changes in circumstances indicate the occurrence of a triggering event. The review consists of comparing the estimated fair value of the cash flows generated by the asset to the carrying value of the asset. Business combination measurements: The fair value of assets acquired and liabilities assumed are determined using market, income and cost approaches from the perspective of a market participant. The fair value measurements can be based on significant inputs that are not readily observable in the market. The market approach indicates value for a subject asset based on available market pricing for comparable assets. The market approach used includes prices and other relevant information generated by market transactions involving comparable assets, as well as pricing guides and other sources. The income approach indicates value for a subject asset based on the present value of cash flows projected to be generated by the asset. Projected cash flows are discounted at a required market rate of return that reflects the relative risk of achieving the cash flows and the time value of money. The cost approach, which estimates value by determining the current cost of replacing an asset with another of equivalent economic utility, was used for certain assets for which the market and income approaches could not be applied due to the nature of the asset. The cost to replace a given asset reflects the estimated reproduction or replacement cost for the asset, adjusted for obsolescence, whether physical, functional or economic. Goodwill: During the second quarter of fiscal 2017, there was a sustained decline in the market multiples of publicly traded peer companies. In addition, during the second quarter of fiscal 2017, the Company revised its short-term operating plan. As a result, the Company determined that an interim review of its recoverability of goodwill was necessary. Consequently, during the second quarter of fiscal 2017, the Company recorded a goodwill impairment loss of $142.3 million, substantially all within the Acme reporting unit relating to the November 2015 acquisition of stores from The Great Atlantic and Pacific Tea Company, Inc., due to changes in the estimate of its long-term future financial performance to reflect lower expectations for growth in revenue and earnings than previously estimated. The goodwill impairment loss was based on a quantitative analysis using a combination of a discounted cash flow model (income approach) and a guideline public company comparative analysis (market approach). Business combination measurements: purchase price over the fair value of the tangible and identifiable intangible assets acquired and liabilities assumed in the acquisition. The fair value of assets acquired and liabilities assumed are determined using market, income and cost approaches from the perspective of a market participant. The fair value measurements can be based on significant inputs that are not readily observable in the market. The market approach indicates value for a subject asset based on available market pricing for comparable assets. The market approach used includes prices and other relevant information generated by market transactions involving comparable assets, as well as pricing guides and other sources. The income approach indicates value for a subject asset based on the present value of cash flows projected to be generated by the asset. Projected cash flows are discounted at a required market rate of return that reflects the relative risk of achieving the cash flows and the time value of money. The cost approach, which estimates value by determining the current cost of replacing an asset with another of equivalent economic utility, was used for certain assets for which the market and income approaches could not be applied due to the nature of the asset. The cost to replace a given asset reflects the estimated reproduction or replacement cost for the asset, adjusted for obsolescence, whether physical, functional or economic. Investment in unconsolidated affiliates: El Rancho: Casa Ley: ₱ Company-Owned life insurance policies (“COLI”): Derivatives: instruments are highly effective in offsetting the changes in the fair value or cash flow of the hedged items. If it is determined that a derivative is not highly effective as a hedge or ceases to be highly effective, the Company discontinues hedge accounting prospectively. The Company has also entered into contracts to purchase electricity and natural gas at fixed prices for a portion of its energy needs. The Company expects to take delivery of the electricity and natural gas in the normal course of business. Contracts that qualify for the normal purchase exception under derivatives and hedging accounting guidance are not recorded at fair value. Energy purchased under these contracts is expensed as delivered. The Company also manages its exposure to changes in diesel prices utilized in the Company’s distribution process through the use of short-term heating oil derivative contracts. These contracts are economic hedges of price risk and are not designated or accounted for as hedging instruments for accounting purposes. Changes in the fair value of these instruments are recognized in current period earnings. Self-Insurance liabilities The Company has reinsurance receivables of $22.5 million and $20.3 million recorded within Receivables, net and $43.9 million and $41.1 million recorded within Other assets as of February 29, 2020 and February 23, 2019, respectively. The self-insurance liabilities and related reinsurance receivables are recorded gross. Changes in self-insurance liabilities consisted of the following (in millions): February 29, February 23, Beginning balance $ 1,146.3 $ 1,217.7 Expense 323.4 323.5 Claim payments (295.6 ) (279.3 ) Other reductions (1) (26.7 ) (115.6 ) Ending balance 1,147.4 1,146.3 Less current portion (308.9 ) (306.8 ) Long-term portion $ 838.5 $ 839.5 (1) Primarily reflects actuarial adjustments for claims experience and systematic adjustments to the fair value of assumed self-insurance liabilities from acquisitions. Benefit plans and Multiemployer plans: non-contributory The Company recognizes a liability for the underfunded status of the defined benefit plans as a component of Other long-term liabilities. Actuarial gains or losses and prior service costs or credits are recorded within Other Most union employees participate in multiemployer retirement plans pursuant to collective bargaining agreements, unless the collective bargaining agreement provides for participation in plans sponsored by the Company. Pension expense for the multiemployer plans is recognized as contributions are funded. Revenue recognition The Company records a contract liability when it sells its own proprietary gift cards. The Company records a sale when the customer redeems the gift card. The Company’s gift cards do not expire. The Company reduces the contract liability and records revenue for the unused portion of gift cards (“breakage”) in proportion to its customers’ pattern of redemption, which the Company determined to be the historical redemption rate. The Company’s contract liability related to gift cards was $52.2 million as of February 29, 2020 and $55.9 million as of February 23, 2019. Disaggregated Revenues The following table represents sales revenue by type of similar product (in millions): Fiscal Fiscal Fiscal Amount (1) % of Total Amount % of Total Amount % of Total Non-perishables $ 27,165.3 43.5 % $ 26,371.8 43.6 % $ 26,522.0 44.3 % Perishables (3) 25,681.8 41.1 % 24,920.9 41.2 % 24,583.7 41.0 % Pharmacy 5,236.8 8.4 % 4,986.6 8.2 % 5,002.6 8.3 % Fuel 3,430.4 5.5 % 3,455.9 5.7 % 3,104.6 5.2 % Other (4) 940.8 1.5 % 799.3 1.3 % 711.7 1.2 % Total (5) $ 62,455.1 100.0 % $ 60,534.5 100.0 % $ 59,924.6 100.0 % (1) eCommerce related sales are included in the categories to which the revenue pertains. (2) Consists primarily of general merchandise, grocery and frozen foods. (3) Consists primarily of produce, dairy, meat, deli, floral and seafood. (4) Consists primarily of wholesale revenue to third parties, commissions and other miscellaneous revenue. (5) Fiscal 2019 includes approximately $1.1 billion of incremental Net sales and other revenue due to the additional 53rd week. Cost of sales and vendor allowances: The Company receives vendor allowances or rebates (“Vendor Allowances”) for a variety of merchandising initiatives and buying activities. The terms of the Company’s Vendor Allowances arrangements vary in length but are primarily expected to be completed within a quarter. The Company records Vendor Allowances as a reduction of Cost of sales when the associated products are sold. Vendor Allowances that have been earned as a result of completing the required performance under terms of the underlying agreements but for which the product has not yet been sold are recognized as reductions of inventory. The reduction of inventory for these Vendor Allowances was $72.0 million and $74.8 million as of February 29, 2020 and February 23, 2019, respectively. Advertising costs are included in Cost of sales and are expensed in the period the advertising occurs. Cooperative advertising funds are recorded as a reduction of Cost of sales when the advertising occurs. Advertising costs were $405.6 million, $422.3 million and $497.5 million, net of cooperative advertising allowances of $91.9 million, $101.3 million and $81.1 million for fiscal 2019, fiscal 2018 and fiscal 2017, respectively. Selling and administrative expenses: . Income taxes: Deferred taxes are provided for the net tax effects of temporary differences between the financial reporting and income tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. Valuation allowances are established where management determines that it is more likely than not that some portion or all of a deferred tax asset will not be realized. The Company reviews tax positions taken or expected to be taken on tax returns to determine whether and to what extent a tax benefit can be recognized. The Company evaluates its positions taken and establishes liabilities in accordance with the applicable accounting guidance for uncertain tax positions. The Company reviews these liabilities as facts and circumstances change and adjusts accordingly. The Company recognizes any interest and penalties associated with uncertain tax positions as a component of Income tax expense. The Tax Act requires a U.S. shareholder of a controlled foreign corporation to provide U.S. taxes on its share of global intangible low-taxed The Company is contractually indemnified by SUPERVALU INC. (“SuperValu”) for any tax liability of New Albertsons L.P. (“NALP”) arising from tax years prior to the NALP acquisition. The Company is also contractually obligated to pay SuperValu any tax benefit it receives in a tax year after the NALP acquisition as a result of an indemnification payment made by SuperValu. An indemnification asset and liability, where necessary, has been recorded to reflect this arrangement. Segments Recently adopted accounting standards: 2016-02, Leases (Topic 842) Lease 2016-02 Right-of-use 2018-11, Leases (Topic 842): Targeted Improvements The Company adopted the guidance effective February 24, 2019 by recognizing and measuring leases at the adoption date with a cumulative effect of initially applying the guidance recognized at the date of initial application and as a result did not restate the prior periods presented in the Consolidated Financial Statements. The Company elected certain practical expedients permitted under the transitional guidance, including retaining historical lease classification, evaluating whether any expired contracts are or contain leases, and not applying hindsight in determining the lease term. The Company also elected the practical expedient to not separate lease and non-lease The adoption of the standard resulted in the recognition of an operating lease ROU asset of $5.3 billion and an operating lease liability of $5.4 billion. Included in the measurement of the new operating lease ROU asset is the reclassification of certain balances, including those historically recorded as lease exit cost liabilities, deferred rent and beneficial and unfavorable lease interests. The adoption also resulted in a cumulative effect transitional adjustment of $776.0 million ($574.6 million, net of tax) to retained earnings related to the elimination of $865.8 million deferred gains on sale leaseback transactions, partially offset by the recognition of $87.3 million in impairment losses on operating lease assets and the removal of $17.2 million and $14.7 million, respectively, of assets and liabilities related to finance lease obligations under previously existing build-to-suit . In February 2018, the FASB issued ASU 2018-02, Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income income. The standard did not have a material impact on the Company’s Consolidated Statements of Operations and the Consolidated Statements of Cash Flows. Recently issued accounting standards: 2019-12, Simplifying the Accounting for Income Taxes step-up

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Feb. 29, 2020
Business Combinations [Abstract]
ACQUISITIONS	NOTE 2—ACQUISITIONS Fiscal 2017 Plated On September 20, 2017, the Company acquired DineInFresh, Inc. (“Plated”), a provider of meal kit services, for purchase consideration of $219.5 million, consisting of cash consideration of $117.3 million, deferred cash consideration with a fair value of $42.1 million, and contingent consideration with a fair value of $60.1 million on the acquisition date. The Plated acquisition was accounted for under the acquisition method of accounting. The purchase price was allocated to the fair values of the identifiable assets and liabilities, with any excess of purchase price over the fair value recognized as goodwill. Net assets acquired primarily consisted of intangible assets and goodwill valued at $67.1 million and $146.2 million, respectively. Intangible assets acquired consisted of trademarks and tradenames, customer lists and software. The goodwill was primarily attributable to synergies the Company expected to achieve related to the acquisition and was allocated to the Company’s operating segments which are its reporting units. In connection with the acquisition, the Company also expensed $6.3 million related to unvested equity awards of Plated. The goodwill is not deductible for tax purposes. Pro forma results are not presented as the acquisition was not considered material to the Company. Third-party acquisition-related costs were immaterial for fiscal 2017 and were expensed as incurred as a component of Selling and administrative expenses. As of February 29, 2020, there was $25.0 million remaining to be paid in deferred consideration and no amount is expected to be paid in contingent consideration. MedCart On May 31, 2017, the Company acquired MedCart Specialty Pharmacy for $34.5 million, including the cost of acquired inventory. The acquisition was accounted for under the acquisition method of accounting and resulted in $11.6 million of goodwill that is deductible for tax purposes. Pro forma results are not presented, as the acquisition was not considered material to the Company.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Feb. 29, 2020
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 3—PROPERTY AND EQUIPMENT Property and equipment, net consisted of the following (in millions): February 29, February 23, Land $ 2,119.2 $ 2,382.7 Buildings 4,720.0 4,968.4 Property under construction 669.3 652.2 Leasehold improvements 1,706.6 1,468.3 Fixtures and equipment 5,802.4 5,132.1 Property and equipment under finance leases 882.5 970.8 Total property and equipment 15,900.0 15,574.5 Accumulated depreciation and amortization (6,688.1 ) (5,713.2 ) Total property and equipment, net $ 9,211.9 $ 9,861.3 Depreciation expense was $ million, $ million and $ million for fiscal 2019, fiscal 2018 and fiscal 2017, respectively. Amortization expense related to finance lease assets was $ million, $ million and $ million in fiscal 2019, fiscal 2018 and fiscal 2017, respectively. Fixed asset impairment losses of $ million, $ million and $ million were recorded as a component of (Gain) loss on property dispositions and impairment losses, net in fiscal 2019, fiscal 2018 and fiscal 2017, respectively. The impairment losses primarily relate to assets in underperforming stores, certain surplus properties and fiscal 2019 also includes certain leasehold interests and equipment related to the Plated meal kit subscription and delivery business.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Feb. 29, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 4—INTANGIBLE ASSETS The Company’s Intangible assets, net consisted of the following (in millions): February 29, February 23, Estimated Gross Accumulated Net Gross Accumulated Net Trade names 40 $ 1,912.1 $ (264.6 ) $ 1,647.5 $ 1,959.1 $ (231.7 ) $ 1,727.4 Beneficial lease rights (1) 12 — — — 892.0 (410.6 ) 481.4 Customer prescription files 5 1,472.1 (1,440.9 ) 31.2 1,483.4 (1,276.1 ) 207.3 Internally developed software 3 780.0 (465.2 ) 314.8 672.4 (348.1 ) 324.3 Other intangible assets (2) 3 to 6 51.7 (44.1 ) 7.6 22.4 (14.4 ) 8.0 Total finite-lived intangible assets 4,215.9 (2,214.8 ) 2,001.1 5,029.3 (2,280.9 ) 2,748.4 Liquor licenses and restricted covenants Indefinite 86.1 — 86.1 86.1 — 86.1 Total intangible assets, net $ 4,302.0 $ (2,214.8 ) $ 2,087.2 $ 5,115.4 $ (2,280.9 ) $ 2,834.5 (1) Upon adoption of ASU 2016-02—“Leases right-of-use (2) Other intangible assets includes covenants not to compete, specialty accreditation and licenses and patents. Amortization expense for intangible assets was $355.8 million, $379.7 million and $447.4 million for fiscal 2019, fiscal 2018 and fiscal 2017, respectively. Estimated future amortization expense associated with the net carrying amount of intangibles with finite lives is as follows (in millions): Fiscal Year Amortization 2020 $ 159.4 2021 137.8 2022 120.0 2023 85.8 2024 59.7 Thereafter 1,438.4 Total $ 2,001.1

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Feb. 29, 2020
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 5—FAIR VALUE MEASUREMENTS The accounting guidance for fair value established a framework for measuring fair value and established a three-level valuation hierarchy for disclosure of fair value measurement. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability at the measurement date. The three levels are defined as follows: Level 1 - Quoted prices in active markets for identical assets or liabilities; Level 2 - Inputs other than quoted prices included within Level 1 that are either directly or indirectly observable; Level 3 - Unobservable inputs in which little or no market activity exists, requiring an entity to develop its own assumptions that market participants would use to value the asset or liability. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The following table presents assets and liabilities which are measured at fair value on a recurring basis as of February 29, 2020 (in millions): Fair Value Measurements Total Quoted prices in active for identical assets (Level 1) Significant observable inputs (Level 2) Significant unobservable inputs (Level 3) Assets: Cash equivalents: Money Market $ 2.0 $ 2.0 $ — $ — Short-term investments (1) 13.5 5.0 8.5 — Non-current 85.9 26.8 59.1 — Total $ 101.4 $ 33.8 $ 67.6 $ — Liabilities: Derivative contracts (3) $ 66.4 $ — $ 66.4 $ — Total $ 66.4 $ — $ 66.4 $ — (1) Primarily relates to Mutual Funds (Level 1) and Corporate Bonds (Level 2). Included in Other current assets. (2) Primarily relates to investments in publicly traded stock (Level 1) and U.S. Treasury Notes and Corporate Bonds (Level 2). Included in Other assets. (3) Primarily relates to interest rate swaps. Included in Other current liabilities. The following table presents assets and liabilities which are measured at fair value on a recurring basis as of February 23, 2019 (in millions): Fair Value Measurements Total Quoted prices in active for identical assets (Level 1) Significant observable inputs (Level 2) Significant unobservable inputs (Level 3) Assets: Cash equivalents: Money Market $ 489.0 $ 489.0 $ — $ — Short-term investments (1) 23.1 21.0 2.1 — Non-current 84.2 30.5 53.7 — Total $ 596.3 $ 540.5 $ 55.8 $ — Liabilities: Derivative contracts (3) $ 21.1 $ — $ 21.1 $ — Total $ 21.1 $ — $ 21.1 $ — (1) Primarily relates to Mutual Funds. Included in Other current assets. (2) Primarily relates to investments in publicly traded stock (Level 1) and U.S. Treasury Notes and Corporate Bonds (Level 2). Included in Other assets. (3) Primarily relates to interest rate swaps. Included in Other current liabilities. Contingent consideration obligations are a Level 3 measurement based on cash flow projections and other assumptions for the milestone performance targets. Changes in fair value of the contingent consideration are recorded in the consolidated statements of operations within Other expense (income), net. The estimated fair value of the Company’s debt, including current maturities, was based on Level 2 inputs, being market quotes or values for similar instruments, and interest rates currently available to the Company for the issuance of debt with similar terms and remaining maturities as a discount rate for the remaining principal payments. As of February 29, 2020, the fair value of total debt was $8,486.2 million compared to a carrying value of $8,162.2 million, excluding debt discounts and deferred financing costs. As of February 23, 2019, the fair value of total debt was $9,801.2 million compared to the carrying value of $10,086.3 million, excluding debt discounts and deferred financing costs. Assets Measured at Fair Value on a Nonrecurring Basis The Company measures certain assets at fair value on a non-recurring As described elsewhere in these Consolidated Financial Statements, the Company recorded a goodwill impairment loss of $142.3 million during fiscal 2017. No goodwill impairment losses were recorded during fiscal 2019 and fiscal 2018. The Company also recorded long-lived asset impairment losses of $77.4 million, $36.3 million and $100.9 million during fiscal 2019, fiscal 2018 and fiscal 2017, respectively.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	12 Months Ended
	Feb. 29, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	NOTE 6—DERIVATIVE FINANCIAL INSTRUMENTS The aggregate notional amount of all Swaps as of February 29, 2020 and February 23, 2019, were $2,023.0 million and $2,123.2 million, of which none and $2,065.2 million are designated as cash flow hedges, respectively, as defined by GAAP. On February 5, 2020, the Company repaid in full the Albertsons Term Loans (as defined in Note 7—Long-term debt and finance lease obligations ) using cash on hand and proceeds from the issuance of new notes (as further discussed in Note 7—Long-term debt and finance lease obligations). Consequently, the Company discontinued cash flow hedge accounting for the interest rate swap agreements that were entered into to hedge the interest rate risk on the then existing variable rate term loans. In accordance with hedge accounting guidance, the net unrealized loss of $37.1 million, associated with the discontinued hedging relationship, recorded within Accumulated other comprehensive (loss) income, was reclassified into Other expense (income), net in the Consolidated Statement of Operations and Comprehensive Income. Activity related to the Swaps consisted of the following (in millions): Amount of (loss) income Swaps designated as hedging instruments Fiscal Fiscal Fiscal Location of (loss) Designated interest rate $ ) $ (15.5 ) $ 47.0 Other comprehensive income (loss), net of tax Amount of (loss) income Swaps not designated as hedging instruments Fiscal Fiscal Fiscal Location of (loss) Undesignated, ineffective or discontinued portion of interest rate swaps $ (47.9 ) $ $ 0.6 Other expense (income), net

LONG-TERM DEBT AND FINANCE LEAS

LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS	12 Months Ended
	Feb. 29, 2020
Debt Disclosure [Abstract]
LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS	NOTE 7—LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS The Company’s long-term debt as of February 29, 2020 and February 23, 2019, net of debt discounts of $41.3 million and $197.0 million, respectively, and deferred financing costs of $72.9 million and $65.2 million, respectively, consisted of the following (in millions): February 29, February 23, Senior Unsecured Notes due 2023, 2024, 2025, 2026, 2027, 2028 and 2030 interest rate of 3.50%, 6.625%, 5.750%, 7.5%, 4.625%, 5.875% and 4.875%, respectively $ 6,884.5 $ 3,071.6 Albertsons Term Loans, interest range of 4.45% to 5.69% — 4,610.7 Safeway Inc. Notes due 2020 to 2031, interest rate range of 3.95% to 7.45% 642.1 675.3 New Albertson’s L.P. Notes due 2026 to 2031, interest rate range of 6.52% to 8.70% 466.0 1,322.3 Other notes payable, unsecured 37.2 125.4 Mortgage notes payable, secured 18.2 18.8 Finance lease obligations (see Note 8) 666.7 762.3 Total debt 8,714.7 10,586.4 Less current maturities (221.4 ) (148.8 ) Long-term portion $ 8,493.3 $ 10,437.6 As of February 29, 2020, the future maturities of long-term debt, excluding finance lease obligations, debt discounts and deferred financing costs, consisted of the following (in millions): 2020 $ 138.0 2021 131.2 2022 751.1 2023 1.2 2024 1,267.2 Thereafter 5,873.5 Total $ 8,162.2 The Company’s term loans (the “Albertsons Term Loans”) had, and the ABL Facility and certain of the outstanding notes and debentures have, restrictive covenants, subject to the right to cure in certain circumstances, calling for the acceleration of payments due in the event of a breach of a covenant or a default in the payment of a specified amount of indebtedness due under certain debt arrangements. There are no restrictions on the Company’s ability to receive distributions from its subsidiaries to fund interest and principal payments due under the ABL Facility, the Albertsons Term Loans and the Company’s senior unsecured notes (the “Senior Unsecured Notes”). Each of the ABL Facility, Albertsons Term Loans and the Senior Unsecured Notes restrict the ability of the Company to pay dividends and distribute property to the Company’s stockholders. As a result, all of the Company’s consolidated net assets are effectively restricted with respect to their ability to be transferred to the Company’s stockholders. Notwithstanding the foregoing, the ABL Facility, the Albertsons Term Loans and the Senior Unsecured Notes each contain customary exceptions for certain dividends and distributions, including the ability to make cumulative distributions under the Albertsons Term Loans and Senior Unsecured Notes of up to the greater of $1.0 billion or 4.0% of the Company’s total assets (which is measured at the time of such distribution) and the ability to make distributions if certain payment conditions are satisfied under the ABL Facility. During fiscal 2017, the Company utilized the foregoing exception in connection with distributions to equity holders (as described in Note 9—Stockholders’ Equity). The Company was in compliance with all such covenants and provisions as of and for the fiscal year ended February 29, 2020. Albertsons Term Loans As of February 25, 2017, the Albertsons Term Loans under the Albertsons term loan agreement totaled $6,013.9 million, excluding debt discounts and deferred financing costs. The Albertsons Term Loans consisted of a Term B-4 B-5 B-6 On June 16, 2017, the Company repaid $250.0 million of the existing term loans. In connection with the repayment, the Company wrote off $7.6 million of previously deferred financing costs and original issue discount. The amounts expensed were included as a component of Interest expense, net. On June 27, 2017, the Company entered into a repricing amendment to the term loan agreement which established three new term loan tranches. The new tranches consisted of $3,013.6 million of a new Term B-4 B-5 B-6 B-4 B-5 B-6 On November 16, 2018, the Company repaid approximately $976 million in aggregate principal amount of the $2,976.0 million term loan tranche B-4 B-4 B-7 B-7 B-7 B-7 B-4 B-4 B-7 B-7 B-7 B-7 On August 15, 2019, the Company repaid $1,570.6 million of aggregate principal amount outstanding under its term loan facilities, along with accrued and unpaid interest and fees and expenses, for which the Company used approximately $864 million of cash on hand and proceeds from the issuance of the 2028 Notes (as defined below) (such repayment, the “2019-1 2019-1 The new loans amortized, on a quarterly basis, at a rate of 1.0% per annum of the original principal amount (which payments would have been reduced as a result of the application of prepayments in accordance with the terms therewith). The new loans bore interest, at the borrower’s option, at a rate per annum equal to either (a) the base rate plus 1.75% or (b) LIBOR, subject to a 0.75% floor, plus 2.75%. On November 22, 2019, the Company repaid $742.5 million of aggregate principal amount outstanding under its term loan facility, along with accrued and unpaid interest and fees and expenses, with the proceeds from the issuance of the 2027 Notes (as defined below) (such repayment, the “2019-2 2019-2 On February 5, 2020, the Company repaid $2,349.8 million of aggregate principal amount outstanding under its term loan facilities, which represented the entire outstanding term loan balance, along with accrued and unpaid interest and fees and expenses, with cash on hand and the proceeds from the issuance of the New Notes (as defined below) (such repayment, the “2019-3 2019-3 Loan Repayment, the Company expensed $15.2 million of previously deferred financing costs and $29.9 million of original issue discount. The amounts expensed, along with related fees, were included as a component of Loss (gain) on debt extinguishment. The Albertsons Term Loan facilities were guaranteed by Albertsons’ existing and future direct and indirect wholly owned domestic subsidiaries that were not borrowers, subject to certain exceptions. The Albertsons Term Loan facilities were secured by, subject to certain exceptions, (i) a first-priority lien on substantially all of the assets of the borrowers and guarantors (other than accounts receivable, inventory and related assets of the proceeds thereof (the “Albertsons ABL Priority Collateral”)) and (ii) a second-priority lien on substantially all of the Albertsons ABL Priority Collateral. Asset-Based Loan Facility On November 16, 2018, the Company’s existing ABL Facility, which provides for a $4,000.0 million senior secured revolving credit facility, was amended and restated in connection with the 2018 Term Loan Refinancing to extend the maturity date of the facility to November 16, 2023. The ABL Facility has an interest rate of LIBOR plus a margin ranging from 1.25% to 1.75% and also provides for a letters of credit (“LOC”) sub-facility During fiscal 2018, borrowings of $610.0 million under the ABL Facility were used in connection with the Term Loan Repayment and the Safeway Notes Repurchase (as defined below). The $610.0 million was repaid on December 2, 2018. As of February 29, 2020 and February 23, 2019, there were no outstanding borrowings and the ABL LOC sub-facility On March 12, 2020, the Company provided notice to the lenders to borrow $2.0 billion under the ABL Facility (the “ABL Borrowing”), so that a total of $2.0 billion (excluding $454.5 million in letters of credit) was outstanding immediately following the ABL Borrowing. The interest rate at the time of the ABL Borrowing under the ABL Facility was approximately 2.0% (which represents 30-day (COVID-19) pandemic. In accordance with the terms of the ABL Facility, the proceeds from the ABL Borrowing may in the future be used for working capital, general corporate or other purposes permitted by the ABL Facility. The ABL Facility is guaranteed by the Company’s existing and future direct and indirect wholly owned domestic subsidiaries that are not borrowers, subject to certain exceptions. The ABL Facility is secured by, subject to certain exceptions, (i) a first-priority lien on substantially all of the ABL Facility priority collateral and (ii) a second-priority lien on substantially all other assets (other than real property). Following the 2019-3 Senior Unsecured Notes On May 31, 2016, Albertsons Companies, LLC and substantially all of its subsidiaries completed the issuance of $1,250.0 million in aggregate principal amount of 6.625% Senior Unsecured Notes (the “2024 Notes”) which will mature on June 15, 2024. Interest on the 2024 Notes is payable semi-annually in arrears on June 15 and December 15 of each year, commencing on December 15, 2016. The 2024 Notes are also fully and unconditionally guaranteed, jointly and severally, by each of the subsidiaries that are additional issuers under the indenture governing such notes. On August 9, 2016, Albertsons Companies, LLC and substantially all of its subsidiaries completed the issuance of $1,250.0 million in aggregate principal amount of 5.750% Senior Unsecured Notes (the “2025 Notes”) which will mature on March 15, 2025. Interest on the 2025 Notes is payable semi-annually in arrears on March 15 and September 15 of each year, commencing on March 15, 2017. The 2025 Notes are also fully and unconditionally guaranteed, jointly and severally, by each of the subsidiaries that are additional issuers under the indenture governing such notes. On February 5, 2019, the Company and substantially all of its subsidiaries completed the issuance of $600.0 million in aggregate principal amount of 7.5% Senior Unsecured Notes which will mature on March 15, 2026 (the “2026 Notes”). Interest on the 2026 Notes is payable semi-annually in arrears on March 15 and September 15 of each year, commencing on September 15, 2019. The 2026 Notes have not been and will not be registered with the SEC. The 2026 Notes are also fully and unconditionally guaranteed, jointly and severally, by substantially all of our subsidiaries that are not issuers under the indenture governing such notes. A portion of the proceeds from the 2026 Notes was used to fully redeem the Safeway 5.00% Senior Notes due in 2019. On August 15, 2019, the Company and substantially all of its subsidiaries completed the issuance of $750.0 million in aggregate principal amount of 5.875% Senior Unsecured Notes which will mature on February 15, 2028 (the “2028 Notes”). Interest on the 2028 Notes is payable semi-annually in arrears on February 15 and August 15 of each year, commencing on February 15, 2020. The 2028 Notes have not been and will not be registered with the SEC. The 2028 Notes are also fully and unconditionally guaranteed, jointly and severally, by substantially all of the Company’s subsidiaries that are not issuers under the indenture governing such notes. Proceeds from the 2028 Notes were used to partially fund the 2019-1 On November 22, 2019, the Company and substantially all of its subsidiaries completed the issuance of $750.0 million in aggregate principal amount of 4.625% Senior Unsecured Notes which will mature on January 15, 2027 (the “2027 Notes”). Interest on the 2027 Notes is payable semi-annually in arrears on January 15 and July 15 of each year, commencing on July 15, 2020. The 2027 Notes have not been and will not be registered with the SEC. The 2027 Notes are also fully and unconditionally guaranteed, jointly and severally, by substantially all of the Company’s subsidiaries that are not issuers under the indenture governing such notes. Proceeds from the 2027 Notes were used to fund the 2019-2 On February 5, 2020, the Company completed the issuance of $750.0 million in aggregate principal amount of new 3.50% senior notes due February 15, 2023 (the “2023 Notes”), $600.0 million in aggregate principal amount of additional 2027 Notes (the “Additional 2027 Notes”) and $1,000.0 million in aggregate principal amount of new 4.875% senior notes due February 15, 2030 (the “2030 Notes” and together with the 2023 Notes and Additional 2027 Notes, the “New Notes”). The net proceeds received from the issuance of the New Notes, together with approximately $18 million of cash on hand, were used to (i) to fund the 2019-3 2019-3 The Additional 2027 Notes were issued as “additional securities” under the indenture governing the outstanding 2027 Notes (the “Existing 2027 Notes”). The Additional 2027 Notes are expected to be treated as a single class with the Existing 2027 Notes for all purposes and have the same terms as those of the Existing 2027 Notes. Interest on the 2023 Notes and 2030 Notes is payable semi-annually in arrears on February 15 and August 15 of each year, commencing on August 15, 2020. The New Notes have not been and will not be registered with the SEC. The New Notes are also fully and unconditionally guaranteed, jointly and severally, by substantially all of the Company’s subsidiaries that are not issuers under the indenture governing such notes. The Company, an issuer and direct or indirect parent of each of the other issuers of the 2023 Notes, the 2024 Notes, the 2025 Notes, the 2026 Notes, the 2027 Notes (and Additional 2027 Notes), the 2028 Notes and the 2030 Notes, has no independent assets or operations. All of the direct or indirect subsidiaries of the Company, other than subsidiaries that are issuers, or guarantors, as applicable, of the 2023 Notes, the 2024 Notes, the 2025 Notes, the 2026 Notes, the 2027 Notes (and Additional 2027 Notes), the 2028 Notes and the 2030 Notes are minor, individually and in the aggregate. Safeway Notes During fiscal 2018, Safeway repurchased its 7.45% Senior Debentures due 2027 and 7.25% Debentures due 2031 with a par value of $333.7 million and a book value of $322.4 million for $333.7 million plus accrued interest of $7.7 million (the “Safeway Notes Repurchase”). The Company recognized a loss on debt extinguishment related to the Safeway Notes Repurchase of $11.3 million. On February 6, 2019, a portion of the net proceeds from the issuance of the 2026 Notes were used to fully redeem $268.6 million of principal of Safeway 5.00% Senior Notes due 2019, and to pay an associated make-whole premium of $3.1 million and accrued interest of $6.4 million (the “2019 Redemption”). The Company recognized a loss on debt extinguishment related to the 2019 Redemption of $3.1 million. On May 24, 2019, the Company completed a cash tender offer and early redemption of Safeway notes with a par value of $34.1 million and a book value of $33.3 million for $32.6 million, plus accrued and unpaid interest of $0.7 million (the “Safeway Tender”). Including related fees, the Company recognized a loss on debt extinguishment related to the Safeway Tender of $0.5 million. NALP Notes During fiscal 2017, the Company repurchased NALP Notes with a par value of $160.0 million and a book value of $140.2 million for $135.5 million plus accrued interest of $3.7 million (the “2017 NALP Notes Repurchase”). In connection with the 2017 NALP Notes Repurchase, the Company recorded a gain on debt extinguishment of $4.7 million. During fiscal 2018, the Company repurchased NALP Notes with a par value of $108.4 million and a book value of $96.4 million for $90.7 million plus accrued interest of $1.2 million (the “2018 NALP Notes Repurchase”). In connection with the 2018 NALP Notes Repurchase, the Company recorded a gain on debt extinguishment of $5.7 million. On May 24, 2019, the Company completed a cash tender offer and early redemption of NALP Notes with a par value of $402.9 million and a book value of $363.7 million for $382.7 million, plus accrued and unpaid interest of $8.2 million (the “NALP Notes Tender”). Including related fees, the Company recognized a loss on debt extinguishment related to the NALP Notes Tender of $19.1 million. Also during fiscal 2019, the Company repurchased NALP Notes on the open market with an aggregate par value of $553.9 million and a book value of $502.0 million for $547.5 million plus accrued and unpaid interest of $11.3 million (the “NALP Notes Repurchase”). Including related fees, the Company recognized a loss on debt extinguishment related to the NALP Notes Repurchase of $46.2 million. Merger Related Financing On June 25, 2018, in connection with the Merger Agreement, the Company issued $750.0 million in aggregate principal amount of floating rate senior secured notes (the “Floating Rate Notes”) at an issue price of 99.5%. As Deferred Financing Costs and Interest Expense, Net Financing costs incurred to obtain all financing other than ABL Facility financing are recognized as a direct reduction from the carrying amount of the debt liability and amortized over the term of the related debt using the effective interest method. Financing costs incurred to obtain ABL Facility financing are capitalized and amortized over the term of the related debt facilities using the straight-line method. Deferred financing costs associated with ABL Facility financing are included in Other assets and were $35.4 million and $45.1 million as of February 29, 2020 and February 23, 2019, respectively. During fiscal 2019, total amortization of deferred financing costs of $39.8 million included $20.6 million of deferred financing costs written off in connection with the Albertsons Term Loan amendment and reductions. During fiscal 2018, total amortization of deferred financing costs of $42.7 million included $12.9 million of deferred financing costs written off in connection with the Albertsons Term Loan amendment and reductions. During fiscal 2017, total amortization of deferred financing costs of $56.1 million included $22.2 million of deferred financing costs written off in connection with the Albertsons Term Loan amendments and reductions. Interest expense, net consisted of the following (in millions): Fiscal Fiscal Fiscal ABL Facility, senior secured and unsecured notes, term loans and debentures $ 565.3 $ 698.3 $ 701.5 Finance lease obligations 79.8 81.8 96.3 Deferred financing costs 39.8 42.7 56.1 Debt discounts 34.1 20.3 16.0 Other interest (income) expense (21.0 ) (12.3 ) 4.9 Interest expense, net $ 698.0 $ 830.8 $ 874.8

LEASES

LEASES	12 Months Ended
	Feb. 29, 2020
Leases [Abstract]
LEASES	NOTE 8—LEASES The components of total lease cost, net consisted of the following (in millions): Classification Fiscal Operating lease cost (1) Cost of sales and Selling and administrative expenses (3) $ 1,011.6 Finance lease cost Amortization of lease assets Cost of sales and Selling and administrative expenses (3) 90.4 Interest on lease liabilities Interest expense, net 79.8 Variable lease cost (2) Cost of sales and Selling and administrative expenses (3) 402.9 Sublease income Net sales and other revenue (111.8 ) Total lease cost, net $ 1,472.9 (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 (3) Supply chain-related amounts are included in Cost of sales. Balance sheet information related to leases as of February 29, 2020 consisted of the following (in millions): Classification February 29, Assets Operating Operating lease right-of-use $ 5,867.4 Finance Property and equipment, net 430.7 Total lease assets $ 6,298.1 Liabilities Current Operating Current operating lease obligations $ 563.1 Finance Current maturities of long-term debt and finance lease obligations 83.4 Long-term Operating Long-term operating lease obligations 5,402.8 Finance Long-term debt and finance lease obligations 583.3 Total lease liabilities $ 6,632.6 The following table presents cash flow information and the weighted average lease term and discount rate for leases (dollars in millions): Fiscal Gains on sale leaseback transactions, net $ 487.1 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases 995.8 Operating cash flows from finance leases 79.8 Financing cash flows from finance leases 109.3 Right-of-use 1,195.2 Right-of-use — Impairment of right-of-use 15.4 Impairment of right-of-use 6.1 Weighted average remaining lease term—operating leases 12.1 years Weighted average remaining lease term—finance leases 9.0 years Weighted average discount rate—operating leases 7.0 % Weighted average discount rate—finance leases 13.7 % Future minimum lease payments for operating and finance lease obligations as of February 29, 2020 consisted of the following (in millions): Lease Obligations Fiscal year Operating Leases Finance Leases 2020 $ 891.8 $ 136.2 2021 926.8 136.7 2022 868.2 125.4 2023 797.8 116.0 2024 706.6 96.4 Thereafter 4,968.2 423.3 Total future minimum obligations 9,159.4 1,034.0 Less interest (3,193.5 ) (367.3 ) Present value of net future minimum lease obligations 5,965.9 666.7 Less current portion (563.1 ) (83.4 ) Long-term obligations $ 5,402.8 $ 583.3 The Company subleases certain property to third parties. Future minimum tenant operating lease payments remaining non-cancelable During the second quarter of fiscal 2019, the Company, through three separate transactions, completed the sale and leaseback of 53 store properties and one distribution center for an aggregate purchase price, net of closing costs, of $931.3 million. In connection with the sale leaseback transactions, the Company entered into lease agreements for each of the properties for initial terms ranging from 15 to 20 years. The aggregate initial annual rent payment for the properties is approximately $53 million and includes 1.50% to 1.75% annual rent increases over the initial lease terms. All of the properties qualified for sale leaseback and operating lease accounting, and the Company recorded total gains of $463.6 million, which is included as a component of (Gain) loss on property dispositions and impairment losses, net. The Company also recorded operating lease right-of-use assets Future minimum lease payments for operating and capital lease obligations as of February 23, 2019 under the previous lease accounting standard consisted of the following (in millions): Lease Obligations Fiscal year Operating Leases Capital Leases 2019 $ 879.7 $ 170.5 2020 840.5 151.3 2021 783.2 134.9 2022 723.6 123.1 2023 651.0 114.1 Thereafter 4,338.6 509.1 Total future minimum obligations $ 8,216.6 1,203.0 Less interest (440.7 ) Present value of net future minimum lease obligations 762.3 Less current portion (97.3 ) Long-term obligations $ 665.0 Rent expense and tenant rental income under operating leases under the previous lease accounting standard consisted of the following (in millions): Fiscal Fiscal Minimum rent $ 853.5 $ 831.6 Contingent rent 10.3 12.0 Total rent expense 863.8 843.6 Tenant rental income (107.2 ) (98.8 ) Total rent expense, net of tenant rental income $ 756.6 $ 744.8 During fiscal 2018, the Company, through three separate transactions, completed the sale and leaseback of seven of the Company’s distribution centers for an aggregate purchase price, net of closing costs, of approximately $950 million. In connection with the sale leasebacks, the Company entered into lease agreements for each of the properties for initial terms of 15 to 20 years. The aggregate initial annual rent payment for the properties was approximately $55 million and includes 1.50% to 1.75% annual rent increases over the initial lease terms. The Company qualified for sale leaseback and operating lease accounting on all of the distribution centers, and the Company recorded total deferred gains of $362.5 million. Under the previous lease accounting standard, the deferred gains were being amortized over the respective lease periods and, upon adoption of ASC Topic 842 on February 24, 2019, the related unamortized deferred gains were recognized as a transitional adjustment to retained earnings. During fiscal 2017, the Company sold 94 of the Company’s store properties for an aggregate purchase price, net of closing costs, of approximately $962 million. In connection with the sale and leaseback, the Company entered into lease agreements for each of the properties for initial terms of 20 years with varying multiple five-year renewal options. The aggregate initial annual rent payments for the 94 properties was approximately $65 million, with scheduled rent increases occurring generally every one or five years over the initial 20-year

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Feb. 29, 2020
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY	NOTE 9—STOCKHOLDERS’ EQUITY Equity-Based Compensation The Company maintains the Albertsons Companies, Inc. Phantom Unit Plan (formerly, the AB Acquisition LLC Phantom Unit Plan) (the “Phantom Unit Plan”), an equity-based incentive plan, which provides for grants of phantom units (“Phantom Units”) to certain employees, directors and consultants. Prior to the Reorganization Transactions, the Phantom Unit Plan was maintained by its former parent, AB Acquisition, and each Phantom Unit provided the participant with a contractual right to receive, upon vesting, one incentive unit in AB Acquisition. Subsequent to the Reorganization Transactions, each Phantom Unit now provides the participant with a contractual right to receive, upon vesting, one management incentive unit in each of the Company’s parents, Albertsons Investor and KIM ACI, that collectively own all of the outstanding shares of the Company. The Phantom Units vest over a service period, or upon a combination of both a service period and achievement of certain performance-based thresholds. The fair value of the Phantom Units is determined using an option pricing model, adjusted for lack of marketability and using an expected term or time to liquidity based on judgments made by management. During fiscal 2019, the Company granted 0.6 million Phantom Units to its employees and directors, consisting of 0.4 million new awards issued and granted in fiscal 2019 and 0.2 million previously issued awards of performance-based Phantom Units that were deemed granted upon the establishment of the fiscal 2019 performance target and that would vest upon both the achievement of such performance target and continued service through the last day of fiscal 2019. The 0.4 million new awards issued and granted in fiscal 2019 include 0.3 million Phantom Units that have solely time-based vesting and 0.1 million performance-based Phantom Units that were deemed granted upon the establishment of the fiscal 2019 annual performance target and that would vest upon both the achievement of such performance target and continued service through the last day of fiscal 2019. The 0.6 million Phantom Units deemed granted have an aggregate grant date value of $20.0 million. Equity-based compensation expense recognized by the Company related to Phantom Units was $28.9 million, $47.7 million and $45.9 million in fiscal 2019, fiscal 2018 and fiscal 2017, respectively. The Company recorded an income tax benefit related to Phantom Units of $7.5 million, $12.9 million and $15.6 million related to equity-based compensation in fiscal 2019, fiscal 2018 and fiscal 2017, respectively. As of February 29, 2020, the Company had $30.2 million of unrecognized compensation cost related to 0.9 million unvested Phantom Units. That cost is expected to be recognized over a weighted average period of 2.0 years. The aggregate fair value of Phantom Units that vested in fiscal 2019 was $29.3 million. On April 25, 2019, upon the commencement of employment, the Company’s President and Chief Executive Officer was granted direct equity interests in each of the Company’s parents, Albertsons Investor and KIM ACI. These equity interests generally vest over five years, with 50% based solely on a service period and 50% upon a service period and achievement of certain performance-based thresholds. The fair value of the equity interests is determined using an option pricing model, adjusted for lack of marketability and using an expected term or time to liquidity based on judgments made by management. The fair value of the equity interests deemed granted in fiscal 2019 was approximately $10.8 million, which excludes approximately 40% of the equity units that vest based upon the achievement of future fiscal year annual performance targets that will only be deemed granted for accounting purposes upon the establishment of such respective future fiscal year annual performance targets. Equity-based compensation expense recognized by the Company related to these equity interests was $3.9 million for fiscal 2019. As of February 29, 2020, there was $6.9 million of unrecognized costs related to the equity interests deemed granted. That cost is expected to be recognized over a weighted average period of 4.0 years. Treasury Stock During fiscal 2018, the Company repurchased 3,671,621 shares of common stock allocable to certain current and former members of management (the “management holders”) for $25.8 million in cash. The shares are classified as treasury stock on the Consolidated Balance Sheet. The shares repurchased represented a portion of the shares allocable to management. Proceeds from the repurchase were used by the management holders to repay outstanding loans of the management holders with a third-party financial institution. As there is no current active market for shares of the Company’s common stock, the shares were repurchased at a negotiated price between the Company and the management holders. Distribution On June 30, 2017, the Company’s predecessor, Albertsons Companies, LLC, made a cash distribution of $250.0 million to its equityholders, which resulted in a modification of certain vested awards. As a result of the modification, equity-based compensation expense recognized for fiscal 2017 includes $2.4 million of additional expense.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Feb. 29, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 10—INCOME TAXES The components of income tax expense (benefit) consisted of the following (in millions): Fiscal Fiscal Fiscal Current Federal (1) $ 87.2 $ 9.0 $ 54.0 State (2) 49.2 (6.7 ) 26.5 Foreign 2.3 0.3 49.8 Total Current 138.7 2.6 130.3 Deferred Federal (14.1 ) (77.9 ) (807.7 ) State (1.1 ) (3.6 ) (216.6 ) Foreign 9.3 — (69.8 ) Total Deferred (5.9 ) (81.5 ) (1,094.1 ) Income tax expense (benefit) $ 132.8 $ (78.9 ) $ (963.8 ) (1) Federal current tax expense net of $66.8 million, $12.8 million and $22.4 million tax benefit of net operating losses (“NOL”) in fiscal 2019, fiscal 2018 and fiscal 2017, respectively. (2) State current tax expense net of $22.6 million, $9.5 million and $9.6 million tax benefit of NOLs in fiscal 2019, fiscal 2018 and fiscal 2017, respectively. The difference between the actual tax provision and the tax provision computed by applying the statutory federal income tax rate to income (loss) before income taxes was attributable to the following (in millions): Fiscal Fiscal Fiscal Income tax expense (benefit) at federal statutory rate $ 125.8 $ 11.0 $ (301.5 ) State income taxes, net of federal benefit 32.3 0.7 (39.8 ) Change in valuation allowance (7.2 ) (3.3 ) (218.0 ) Tax Cuts and Jobs Act — (56.9 ) (430.4 ) Unrecognized tax benefits 7.7 (16.2 ) (36.5 ) Member loss — — 83.1 Charitable donations (6.9 ) (4.4 ) — Tax Credits (23.5 ) (10.8 ) (9.1 ) CVR liability adjustment — — (20.3 ) Reorganization of limited liability companies — — 46.7 Nondeductible equity-based compensation expense 1.0 3.8 1.6 Other 3.6 (2.8 ) (39.6 ) Income tax expense (benefit) $ 132.8 $ (78.9 ) $ (963.8 ) The valuation allowance activity on deferred tax assets was as follows (in millions): February 29, February 23, February 24, Beginning balance $ 139.5 $ 134.9 $ 387.6 Additions charged to income tax expense 3.5 3.5 141.0 Reductions credited to income tax expense (10.7 ) (6.8 ) (359.0 ) Changes to other comprehensive income or loss and other 2.8 7.9 (34.7 ) Ending balance $ 135.1 $ 139.5 $ 134.9 The Tax Act, enacted in December 2017, resulted in significant changes to U.S. income tax and related laws. The Company is impacted by a number of aspects of the Tax Act, most notably the reduction in the top U.S. corporate income tax rate from 35% to 21%, a one-time The SEC staff issued Staff Accounting Bulletin No. 118 (“SAB 118”), which allowed companies to record a provisional amount during a measurement period not to extend beyond one year from the date of enactment, which ended in the fourth quarter of fiscal 2018. In fiscal 2017, the Company recorded a provisional non-cash In connection with the Reorganization Transactions, the Company recorded deferred tax liabilities in excess of deferred tax assets of $46.7 million in fiscal 2017 for the limited liability companies held by AB Acquisition and taxed previously to the members. Also in connection with the Reorganization Transactions, the Company reorganized its Subchapter C corporation subsidiaries which allows the Company to use deferred tax assets, which previously had offsetting valuation allowance, against future taxable income of certain other Subchapter C subsidiaries that have a history of taxable income and are projected to continue to have future taxable income. The Company reassessed its valuation allowance based on available negative and positive evidence to estimate if sufficient taxable income will be generated to use existing deferred tax assets. On the basis of this evaluation, the Company released a substantial portion of its valuation allowance against its net deferred tax assets, resulting in a $218.0 million non-cash Prior to the Reorganization Transactions, taxes on income from limited liability companies held by AB Acquisition were payable by the members in accordance with their respective ownership percentages, resulting in tax expense of $83.1 million in fiscal 2017 for losses benefited by the members. Deferred income taxes reflect the net tax effects of temporary differences between the bases of assets and liabilities for financial reporting and income tax purposes. The Company’s deferred tax assets and liabilities consisted of the following (in millions): February 29, February 23, Deferred tax assets: Compensation and benefits $ 135.7 $ 132.0 Net operating loss 117.0 165.9 Pension & postretirement benefits 235.5 195.6 Reserves 24.7 1.5 Self-Insurance 263.5 259.7 Tax credits 41.7 64.2 Lease obligations 1,728.2 192.5 Other 119.1 58.7 Gross deferred tax assets 2,665.4 1,070.1 Less: valuation allowance (135.1 ) (139.5 ) Total deferred tax assets 2,530.3 930.6 Deferred tax liabilities: Debt discounts 15.6 62.8 Depreciation and amortization 1,249.1 1,068.6 Inventories 346.8 346.5 Operating lease assets 1,521.7 — Other 10.9 14.1 Total deferred tax liabilities 3,144.1 1,492.0 Net deferred tax liability $ (613.8 ) $ (561.4 ) Noncurrent deferred tax asset $ — $ — Noncurrent deferred tax liability (613.8 ) (561.4 ) Total $ (613.8 ) $ (561.4 ) The Company assesses the available positive and negative evidence to estimate if sufficient future taxable income will be generated to use the existing deferred tax assets. On the basis of this evaluation, as of February 29, 2020, a valuation allowance of $135.1 million has been recorded for the portion of the deferred tax asset that is not more likely than not to be realized, consisting primarily of carryovers in jurisdictions where the Company has minimal presence or does not expect to have future taxable income. The Company will continue to evaluate the need to adjust the valuation allowance. The amount of the deferred tax asset considered realizable, however, could be adjusted depending on the Company’s performance in certain subsidiaries or jurisdictions. The Company currently has federal and state NOL carryforwards of $32.3 million and $1,696.8 million, respectively, which will begin to expire in 2020 and continue through the fiscal year ending February 2040. As of February 29, 2020, the Company had $41.7 million of state credit carryforwards, the majority of which will expire in 2023. The Company had no federal credit carryforwards as of February 29, 2020. Changes in the Company’s unrecognized tax benefits consisted of the following (in millions): Fiscal Fiscal Fiscal Beginning balance $ 376.2 $ 356.0 $ 418.0 Increase related to tax positions taken in the current year 0.9 1.6 65.4 Increase related to tax positions taken in prior years 3.0 35.1 4.6 Decrease related to tax position taken in prior years (2.2 ) (0.4 ) (70.0 ) Decrease related to settlements with taxing authorities (4.1 ) (8.3 ) (17.5 ) Decrease related to lapse of statute of limitations — (7.8 ) (44.5 ) Ending balance $ 373.8 $ 376.2 $ 356.0 Included in the balance of unrecognized tax benefits as of February 29, 2020, February 23, 2019 and February 24, 2018 are tax positions of $268.2 million, $267.7 million and $249.0 million, respectively, which would reduce the Company’s effective tax rate if recognized in future periods. Of the $268.2 million that could impact tax expense, the Company has recorded $7.9 million of indemnification assets that would offset any future recognition. As of February 29, 2020, the Company is no longer subject to federal income tax examinations for the fiscal years prior to 2012 and in most states, is no longer subject to state income tax examinations for fiscal years before 2007. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as a component of income tax expense. The Company recognized expense related to interest and penalties, net of settlement adjustments, of $9.6 million, $1.8 million and $4.6 million for fiscal 2019, fiscal 2018 and fiscal 2017, respectively. In fiscal 2017, the Company adopted the IRS safe harbor rule for taxpayers operating retail establishments for determining whether expenditures paid or incurred to remodel or refresh a qualified building are deductible. As a result of adopting this safe harbor, the Company reduced $70.1 million of uncertain tax benefit in fiscal 2017, and there was no impact on the tax provision due to an offsetting deferred adjustment. The Company believes it is reasonably possible that the reserve for uncertain tax positions may be reduced by approximately $137.6 million in the next 12 months due to ongoing tax examinations and expiration of statutes of limitations.

EMPLOYEE BENEFIT PLANS AND COLL

EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS	12 Months Ended
	Feb. 29, 2020
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS	NOTE 11—EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS Pension Plans The Company sponsors a defined benefit pension plan (the “Safeway Plan”) for substantially all of its employees under the Safeway banners not participating in multiemployer pension plans. Effective April 1, 2015, the Company implemented a soft freeze of the Safeway Plan. A soft freeze means that all existing employees as of March 31, 2015 then participating remained in the Safeway Plan, but any new non-union non-union non-union non-union non-union The Company sponsors a defined benefit pension plan (the “Shaw’s Plan”) covering union employees under the Shaw’s banner. Under the United banner, the Company sponsors a frozen plan (the “United Plan”) covering certain United employees and an unfunded Retirement Restoration Plan that provides death benefits and supplemental income payments for certain United senior executives after retirement. Other Post-Retirement Benefits In addition to the Company’s pension plans, the Company provides post-retirement medical and life insurance benefits to certain employees. Retirees share a portion of the cost of the post-retirement medical plans. The Company pays all the cost of the life insurance plans. The plans are unfunded. The following table provides a reconciliation of the changes in the retirement plans’ benefit obligation and fair value of assets over the two-year Pension Other Post-Retirement February 29, February 23, February 29, February 23, Change in projected benefit obligation: Beginning balance $ 2,325.8 $ 2,351.8 $ 23.8 $ 26.9 Service cost 14.7 52.4 0.6 1.0 Interest cost 80.6 85.8 0.7 0.5 Actuarial loss (gain) 315.1 0.5 (2.6 ) (2.4 ) Plan participant contributions — — 0.4 0.4 Benefit payments (including settlements) (218.9 ) (167.8 ) (2.0 ) (2.6 ) Plan amendments (1.1 ) 3.1 — — Ending balance $ 2,516.2 $ 2,325.8 $ 20.9 $ 23.8 Change in fair value of plan assets: Beginning balance $ 1,847.0 $ 1,814.0 $ — $ — Actual return on plan assets 106.2 3.6 — — Employer contributions 9.4 197.2 1.6 2.1 Plan participant contributions — — 0.4 0.4 Benefit payments (including settlements) (218.9 ) (167.8 ) (2.0 ) (2.5 ) Ending balance $ 1,743.7 $ 1,847.0 $ — $ — Components of net amount recognized in financial position: Other current liabilities $ (6.7 ) $ (6.7 ) $ (2.5 ) $ (2.1 ) Other long-term liabilities (765.8 ) (472.1 ) (18.4 ) (21.7 ) Funded status $ (772.5 ) $ (478.8 ) $ (20.9 ) $ (23.8 ) Amounts recognized in Accumulated other comprehensive (loss) income consisted of the following (in millions): Pension Other Post-Retirement Benefits February 29, February 23, February 29, February 23, Net actuarial loss (gain) $ 170.4 $ (140.6 ) $ (10.3 ) $ (8.2 ) Prior service cost 1.6 3.1 1.9 5.6 $ 172.0 $ (137.5 ) $ (8.4 ) $ (2.6 ) Information for the Company’s pension plans, all of which have an accumulated benefit obligation in excess of plan assets as of February 29, 2020 and February 23, 2019, is shown below (in millions): February 29, February 23, Projected benefit obligation $ 2,516.2 $ 2,325.8 Accumulated benefit obligation 2,513.4 2,323.9 Fair value of plan assets 1,743.7 1,847.0 The following table provides the components of net pension and post retirement (income) expense for the retirement plans and other changes in plan assets and benefit obligations recognized in Other comprehensive (loss) income (in millions): Pension Other Post-Retirement Benefits Fiscal Fiscal Fiscal Fiscal Components of net expense: Estimated return on plan assets $ (110.1 ) $ (112.6 ) $ — $ — Service cost 14.7 52.4 0.6 1.0 Interest cost 80.6 85.8 0.7 0.5 Amortization of prior service cost 0.4 0.1 3.7 3.7 Amortization of net actuarial loss (gain) 0.5 (6.3 ) (0.5 ) (0.2 ) Loss due to settlement accounting 7.4 — — — Loss due to curtailment accounting — 0.1 — — (Income) expense, net (6.5 ) 19.5 4.5 5.0 Changes in plan assets and benefit obligations recognized in Other comprehensive (loss) income: Net actuarial loss (gain) 318.9 109.4 (2.6 ) (2.4 ) Settlement loss (7.4 ) — — — Curtailment loss — (0.1 ) — — Amortization of net actuarial (loss) gain (0.5 ) 6.3 0.5 0.2 Prior service cost (1.1 ) 3.1 — — Amortization of prior service cost (0.4 ) (0.1 ) (3.7 ) (3.7 ) Total recognized in Other comprehensive (loss) income 309.5 118.6 (5.8 ) (5.9 ) Total net expense and changes in plan assets and benefit obligations recognized in Other comprehensive (loss) income $ 303.0 $ 138.1 $ (1.3 ) $ (0.9 ) Prior service costs are amortized on a straight-line basis over the average remaining service period of active participants. When the accumulation of actuarial gains and losses exceeds 10% of the greater of the projected benefit obligation and the fair value of plan assets, the excess is amortized over either the average remaining lifetime of all participants or the average remaining service period of active participants. No significant prior service costs or estimated net actuarial gain or loss is expected to be amortized from Other comprehensive (loss) income into periodic benefit cost during fiscal 2020. Assumptions The weighted average actuarial assumptions used to determine year-end February 29, February 23, Discount rate 2.83 % 4.17 % Rate of compensation increase 3.02 % 2.87 % The weighted average actuarial assumptions used to determine net periodic benefit costs for pension plans were as follows: February 29, February 23, Discount rate 4.17 % 4.12 % Expected return on plan assets: 6.36 % 6.38 % On February 29, 2020, the Company adopted the latest Society of Actuaries’ mortality table for private pension plans for calculating the Company’s 2019 year-end RP-2014 year-end MP-2019 MP-2018 The Company has adopted and implemented an investment policy for the defined benefit pension plans that incorporates a strategic long-term asset allocation mix designed to meet the Company’s long-term pension requirements. This asset allocation policy is reviewed annually and, on a regular basis, actual allocations are rebalanced to the prevailing targets. The investment policy also emphasizes the following key objectives: (1) maintaining a diversified portfolio among asset classes and investment styles; (2) maintaining an acceptable level of risk in pursuit of long-term economic benefit; (3) maximizing the opportunity for value-added returns from active investment management while establishing investment guidelines and monitoring procedures for each investment manager to ensure the characteristics of the portfolio are consistent with the original investment mandate; and (4) maintaining adequate controls over administrative costs. The following table summarizes actual allocations for the Safeway Plan which had approximately $1,445 million in plan assets as of February 29, 2020: Plan Assets Asset category Target February 29, February 23, Equity 65 % 64.0 % 62.5 % Fixed income 35 % 39.2 % 35.6 % Cash and other — % (3.2 )% 1.9 % Total 100 % 100.0 % 100.0 % The following table summarizes the actual allocations for the Shaw’s Plan which had approximately $264 million in plan assets as of February 29, 2020: Plan Assets Asset category Target February 29, February 23, Equity 65 % 64.5 % 60.5 % Fixed income 35 % 35.4 % 35.9 % Cash and other — % 0.1 % 3.6 % Total 100 % 100.0 % 100.0 % The following table summarizes the actual allocations for the United Plan which had approximately $35 million in plan assets as of February 29, 2020: Plan Assets Asset category Target (1) February 29, February 23, Equity 50 % 47.8 % 50.3 % Fixed income 50 % 50.4 % 50.0 % Cash and other — % 1.8 % (0.3 )% Total 100 % 100.0 % 100.0 % (1) The target market value of equity securities for the United Plan is 50% of plan assets. If the equity percentage exceeds 60% or drops below 40%, the asset allocation is adjusted to target. Expected return on pension plan assets is based on historical experience of the Company’s portfolios and the review of projected returns by asset class on broad, publicly traded equity and fixed-income indices, as well as target asset allocation. Pension Plan Assets The fair value of the Company’s pension plan assets as of February 29, 2020, excluding pending transactions of $95.1 million payable to an intermediary agent, by asset category are as follows (in millions): Fair Value Measurements Asset category Total Quoted Prices in Significant Significant (Level 3) Assets Cash and cash equivalents (1) $ 6.3 $ 3.4 $ 2.9 $ — $ — Short-term investment collective trust (2) 37.4 — 37.4 — — Common and preferred stock: (3) Domestic common and preferred stock 167.8 167.8 — — — International common stock 57.8 57.8 — — — Collective trust funds (2) 710.6 — — — 710.6 Corporate bonds (4) 135.9 — 135.9 — — Mortgage- and other asset-backed securities (5) 45.0 — 45.0 — — Mutual funds (6) 272.0 138.4 22.7 — 110.9 U.S. government securities (7) 359.0 — 359.0 — — Other securities (8) 47.0 — 12.1 — 34.9 Total $ 1,838.8 $ 367.4 $ 615.0 $ — $ 856.4 (1) The carrying value of these items approximates fair value. (2) These investments are valued based on the Net Asset Value (“NAV”) of the underlying investments and are provided by the fund issuers. There are no unfunded commitments or redemption restrictions for these funds. Funds meeting the practical expedient are included in the Assets Measured at NAV column. (3) The fair value of common stock is based on the exchange quoted market prices. When quoted prices are not available for identical stock, an industry valuation model is used which maximizes observable inputs. (4) The fair value of corporate bonds is generally based on yields currently available on comparable securities of the same or similar issuers with similar credit ratings and maturities. When quoted prices are not available for identical or similar bonds, the fair value is based upon an industry valuation model, which maximizes observable inputs. (5) The fair value of mortgage- and other asset-backed securities is generally based on yields currently available on comparable securities of the same or similar issuers with similar credit ratings and maturities. When quoted prices are not available for comparable securities, the fair value is based upon an industry valuation model which maximizes observable inputs. (6) These investments are open-ended mutual funds that are registered with the SEC which are valued using the NAV. The NAV of the mutual funds is a published price in an active market. The NAV is determined once a day after the closing of the exchange based upon the underlying assets in the fund, less the fund’s liabilities, expressed on a per-share (7) The fair value of U.S. government securities is based on quoted market prices when available. When quoted prices are not available, the fair value of U.S. government securities is based on yields currently available on comparable securities or on an industry valuation model which maximizes observable inputs. (8) Level 2 Other securities, which consist primarily of U.S. municipal bonds, foreign government bonds and foreign agency securities are valued based on yields currently available on comparable securities of issuers with similar credit ratings. Also included in Other securities is a commingled fund valued based on the NAV of the underlying investments and is provided by the issuer and exchange-traded derivatives that are valued based on quoted prices in an active market for identical derivatives, assets and liabilities. Funds meeting the practical expedient are included in the Assets Measured at NAV column. Exchange-traded derivatives are valued based on quoted prices in an active market for identical derivatives assets and liabilities. Non-exchange-traded The fair value of the Company’s pension plan assets as of February 23, 2019, excluding pending transactions of $79.5 million payable to an intermediary agent, by asset category are as follows (in millions): Fair Value Measurements Asset category Total Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) Assets Cash and cash equivalents (1) $ 10.8 $ 1.6 $ 9.2 $ — $ — Short-term investment collective trust (2) 73.3 — 73.3 — — Common and preferred stock: (3) Domestic common and preferred stock 254.5 254.5 — — — International common stock 64.0 64.0 — — — Collective trust funds (2) 649.9 — — — 649.9 Corporate bonds (4) 126.0 — 126.0 — — Mortgage- and other asset-backed securities (5) 42.8 — 42.8 — — Mutual funds (6) 257.2 139.9 29.2 — 88.1 U.S. government securities (7) 362.5 — 362.5 — — Other securities (8) 85.5 — 51.6 — 33.9 Total $ 1,926.5 $ 460.0 $ 694.6 $ — $ 771.9 (1) The carrying value of these items approximates fair value. (2) These investments are valued based on the NAV of the underlying investments and are provided by the fund issuers. There are no unfunded commitments or redemption restrictions for these funds. Funds meeting the practical expedient are included in the Assets Measured at NAV column. (3) The fair value of common stock is based on the exchange quoted market prices. When quoted prices are not available for identical stock, an industry valuation model is used which maximizes observable inputs. (4) The fair value of corporate bonds is generally based on yields currently available on comparable securities of the same or similar issuers with similar credit ratings and maturities. When quoted prices are not available for identical or similar bonds, the fair value is based upon an industry valuation model, which maximizes observable inputs. (5) The fair value of mortgage- and other asset-backed securities is generally based on yields currently available on comparable securities of the same or similar issuers with similar credit ratings and maturities. When quoted prices are not available for comparable securities, the fair value is based upon an industry valuation model which maximizes observable inputs. (6) These investments are open-ended mutual funds that are registered with the SEC which are valued using the NAV. The NAV of the mutual funds is a published price in an active market. The NAV is determined once a day after the closing of the exchange based upon the underlying assets in the fund, less the fund’s liabilities, expressed on a per-share (7) The fair value of U.S. government securities is based on quoted market prices when available. When quoted prices are not available, the fair value of U.S. government securities is based on yields currently available on comparable securities or on an industry valuation model which maximizes observable inputs. (8) Level 2 Other securities, which consist primarily of U.S. municipal bonds, foreign government bonds and foreign agency securities are valued based on yields currently available on comparable securities of issuers with similar credit ratings. Also included in Other securities is a commingled fund valued based on the NAV of the underlying investments and is provided by the issuer and exchange-traded derivatives that are valued based on quoted prices in an active market for identical derivatives, assets and liabilities. Funds meeting the practical expedient are included in the Assets Measured at NAV column. Exchange-traded derivatives are valued based on quoted prices in an active market for identical derivatives assets and liabilities. Non-exchange-traded Contributions In fiscal 2019, fiscal 2018 and fiscal 2017, the Company contributed $11.0 million, $199.3 million and $21.9 million, respectively, to its pension and post-retirement plans. The Company’s funding policy for the defined benefit pension plan is to contribute the minimum contribution required under the Employee Retirement Income Security Act of 1974, as amended, and other applicable laws as determined by the Company’s external actuarial consultant. At the Company’s discretion, additional funds may be contributed to the defined benefit pension plans. The Company’s fiscal 2018 contributions include $150.0 million of additional discretionary contributions to reduce the Pension Benefit Guaranty Corporation (“PBGC”) premium costs and improve the overall funded status of the plans. The Company expects to contribute $69.5 million to its pension and post-retirement plans in fiscal 2020. The Company will recognize contributions in accordance with applicable regulations, with consideration given to recognition for the earliest plan year permitted. Estimated Future Benefit Payments The following benefit payments, which reflect expected future service as appropriate, are expected to be paid (in millions): Pension Benefits Other Benefits 2020 $ 238.6 $ 2.6 2021 190.9 2.4 2022 186.5 2.2 2023 193.0 1.9 2024 225.6 1.7 2025 – 2029 705.9 6.0 Multiemployer Pension Plans The Company contributes to various multiemployer pension plans. These multiemployer plans generally provide retirement benefits to participants based on their service to contributing employers. The benefits are paid from assets held in trust for that purpose. Plan trustees typically are responsible for determining the level of benefits to be provided to participants, the investment of the assets and plan administration. Expense is recognized in connection with these plans as contributions are funded. The risks of participating in these multiemployer plans are different from the risks associated with single-employer plans in the following respects: • Assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers. • If a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers. • With respect to some multiemployer plans, if the Company chooses to stop participating, or makes market exits or store closures or otherwise has participation in the plan fall below certain levels, the Company may be required to pay the plan an amount based on the underfunded status of the plan, referred to as withdrawal liability. The Company records the actuarially determined liability at an undiscounted amount. The Company’s participation in these plans is outlined in the table below. The EIN-Pension The following tables contain information about the Company’s multiemployer plans. Certain plans have been aggregated in the Other funds line in the following table, as the contributions to each of these plans are not individually material. EIN - Pension Protection Act Company’s 5% of total FIP/RP status Pension fund 2019 2018 2018 2017 UFCW-Northern California Employers Joint Pension Trust Fund 946313554 - Red Red Yes Yes Implemented Western Conference of Teamsters Pension Plan 916145047 - Green Green No No No Southern California United Food & Commercial Workers Unions and Food Employers Joint Pension Plan (4) 951939092 - Red Red Yes Yes Implemented Food Employers Labor Relations Association and United Food and Commercial Workers Pension Fund 526128473 - Red Red Yes Yes Implemented Sound Retirement Trust (6) 916069306 - Red Green Yes Yes Implemented Bakery and Confectionery Union and Industry International Pension Fund 526118572 - Red Red Yes Yes Implemented UFCW Union and Participating Food Industry Employers Tri-State 236396097 - Red Red Yes Yes Implemented Rocky Mountain UFCW Unions & Employers Pension Plan 846045986 - Green Green Yes Yes No UFCW Local 152 Retail Meat Pension Fund (5) 236209656 - Red Red Yes Yes Implemented Desert States Employers & UFCW Unions Pension Plan 846277982 - Green Green Yes Yes No UFCW International Union - 516055922 - Green Green Yes Yes No Mid Atlantic Pension Fund 461000515 - Green Green Yes Yes No Retail Food Employers and UFCW Local 711 Pension Trust Fund 516031512 - Red Yellow Yes Yes Implemented Oregon Retail Employees Pension Trust 936074377 - Green Green Yes Yes No Intermountain Retail Store Employees Pension Trust (7) 916187192 - Red Red Yes Yes Implemented Contributions of (in millions) Surcharge Expiration date Total Most significant collective agreement(s)(3) Pension fund 2019 2018 2017 Count Expiration UFCW-Northern California Employers Joint Pension Trust Fund $ 103.8 $ 104.4 $ 110.2 No 10/13/2018 to 10/9/2021 71 50 10/13/2018 Western Conference of Teamsters Pension Plan 64.9 63.7 61.2 No 9/14/2019 to 10/7/2023 50 15 9/20/2020 Southern California United Food & Commercial Workers Unions and Food Employers Joint Pension Plan (4) 116.1 108.4 92.4 No 3/11/2018 to 3/6/2022 45 43 3/6/2022 Food Employers Labor Relations Association and United Food and Commercial Workers Pension Fund 18.8 20.4 20.4 No 10/26/2019 to 4/15/2020 21 16 10/26/2019 Sound Retirement Trust (6) 44.3 39.1 32.1 No 10/13/2018 to 3/18/2023 128 25 5/8/2022 Bakery and Confectionery Union and Industry International Pension Fund 18.5 17.4 16.6 No 9/3/2011 to 5/6/2023 103 34 9/6/2020 UFCW Union and Participating Food Industry Employers Tri-State 14.9 14.0 15.8 No 2/1/2020 to 1/31/2022 6 2 3/28/2020 Rocky Mountain UFCW Unions & Employers Pension Plan 12.3 10.8 10.8 No 11/23/2019 to 11/26/2022 85 27 2/19/2022 UFCW Local 152 Retail Meat Pension Fund (5) 10.9 10.8 11.0 No 5/2/2020 4 4 5/2/2020 Desert States Employers & UFCW Unions Pension Plan 8.9 9.1 9.3 No 10/24/2020 to 11/5/2022 16 13 10/24/2020 UFCW International Union—Industry Pension Fund (5) 9.5 13.1 12.4 No 8/3/2019 to 12/16/2023 28 6 5/1/2021 Mid Atlantic Pension Fund 7.4 6.6 6.8 No 10/26/2019 to 2/22/2020 19 16 10/26/2019 Retail Food Employers and UFCW Local 711 Pension Trust Fund 7.3 7.1 6.6 No 5/19/2018 to 12/13/2020 7 2 3/2/2019 Oregon Retail Employees Pension Trust 8.9 7.6 6.6 No 7/31/2021 to 11/12/2022 136 23 1/29/2022 Intermountain Retail Store Employees Pension Trust (7) 5.8 4.8 3.8 No 5/19/2013 to 12/10/2022 54 19 4/4/2020 Other funds 17.0 13.8 15.2 Total Company contributions to U.S. multiemployer pension plans $ 469.3 $ 451.1 $ 431.2 (1) PPA established three categories (or “zones”) of plans: (1) “Green Zone” for healthy; (2) “Yellow Zone” for endangered; and (3) “Red Zone” for critical. These categories are based upon the funding ratio of the plan assets to plan liabilities. In general, Green Zone plans have a funding ratio greater than 80%, Yellow Zone plans have a funding ratio between 65%—79%, and Red Zone plans have a funding ratio less than 65%. (2) Under the PPA, a surcharge may be imposed when employers make contributions under a collective bargaining agreement that is not in compliance with a rehabilitation plan. As of February 29, 2020, the collective bargaining agreements under which the Company was making contributions were in compliance with rehabilitation plans adopted by the applicable pension fund. (3) These columns represent the number of most significant collective bargaining agreements aggregated by common expiration dates for each of the Company’s pension funds listed above. (4) The information for this fund was obtained from the Form 5500 filed for the plan’s year-end (5) The information for this fund was obtained from the Form 5500 filed for the plan’s year-end (6) The information for this fund was obtained from the Form 5500 filed for the plan’s year-end (7) The information for this fund was obtained from the Form 5500 filed for the plan’s year-end The Company is the second largest contributing employer to the Food Employers Labor Relations Association and United Food and Commercial Workers Pension Fund (“FELRA”) which is currently projected by FELRA to become insolvent in the first quarter of 2021, and to the Mid-Atlantic On March 5, 2020, the Company agreed with the two applicable local unions to new collective bargaining agreements pursuant to which the Company contributes to FELRA and MAP. In connection with these agreements, to address the pending insolvency of FELRA, the Company and the two local unions, along with the largest contributing employer, agreed to combine MAP into FELRA (“Combined Plan”). Upon the formation of the Combined Plan, the Combined Plan will be frozen and the Company will be required to annually pay $23.2 million to the Combined Plan for the next 25 years. After making all 25 years of payments, the Company will receive a release of all withdrawal liability and mass withdrawal liability from FELRA, MAP, the Combined Plan and the PBGC. This payment will replace the Company’s current annual contribution to both MAP and FELRA, which was a combined $26.2 million in fiscal 2019. In addition to the $23.2 million annual payment, the Company will begin to contribute to a new multiemployer pension plan. This new multiemployer plan will be limited to providing benefits to participants in MAP and FELRA in excess of the benefits the PBGC insures under law. Furthermore, upon formation of the Combined Plan, the Company will establish and contribute to a new variable defined benefit plan that will provide benefits to participants for future services. These agreements are subject to approval by the PBGC and the Company is in discussions with the local unions, the largest contributing employer, and the PBGC with respect to these other plans and the Combined Plan. It is possible some provisions of our agreements with local unions may change as a result of negotiations with the PBGC. The Company expects to reach final agreements on formation of the Combined Plan by no later than December 31, 2020. Under the terms of the new collective bargaining agreements, the Company will continue to contribute to FELRA and MAP under the same terms of the previous collective bargaining agreements until approval by the PBGC and formation of the Combined Plan. The Company is currently evaluating the effect of these new agreements to its consolidated financial statements and preliminarily expects to record a material increase to its pension-related liabilities with a corresponding non-cash As a part of the Safeway acquisition, the Company assumed withdrawal liabilities related to Safeway’s 2013 closure of its Dominick’s division. The Company recorded a $221.8 million multiemployer pension withdrawal liability related to Safeway’s withdrawal from these plans. One of the plans, the UFCW & Employers Midwest Pension Fund (the “Midwest Plan”), had asserted the Company may be liable for mass withdrawal liability, if the plan has a mass withdrawal, in addition to the liability the Midwest Plan already had assessed. The Company disputed that the Midwest Plan would have the right to assess mass withdrawal liability on the Company and the Company also disputed in arbitration the amount of the withdrawal liability the Midwest Plan had assessed. On March 12, 2020, the Company agreed to a settlement of these matters with the Midwest Plan’s Board of Trustees. As a result of the settlement, the Company agreed to pay $75.0 million, in a lump sum, which is expected to be paid in the first quarter of fiscal 2020, and forego any amounts already paid to the Midwest Plan. The Company had previously recorded an estimated withdrawal liability and as a result of the settlement, the Company recorded a gain of $43.3 million to reduce the previously recorded estimated withdrawal liability to the settlement amount. The total amount of the withdrawal liability recorded with respect to the Dominick’s division as of February 29, 2020 was $80.0 million, which includes the $75.0 million settlement amount. Collective Bargaining Agreements As of February 29, 2020, the Company had approximately 270,000 employees, of which approximately 185,000 were covered by collective bargaining agreements. During fiscal 2019, collective bargaining agreements covering approximately 57,000 employees were renegotiated. Collective bargaining agreements covering approximately 45,000 employees have expired or are scheduled to expire in fiscal 2020. Multiemployer Health and Welfare Plans The Company makes contributions to multiemployer health and welfare plans in amounts specified in the applicable collective bargaining agreements. These plans provide medical, dental, pharmacy, vision, and other ancillary benefits to active employees and retirees as determined by the trustees of each plan. The majority of the Company’s contributions cover active employees and as such, may not constitute contributions to a postretirement benefit plan. However, the Company is unable to separate contribution amounts to postretirement benefit plans from contribution amounts paid to active employee plans. Total contributions to multiemployer health and welfare plans were $1.2 billion, $1.3 billion and $1.2 billion for fiscal 2019, fiscal 2018 and fiscal 2017, respectively. Defined Contribution Plans and Supplemental Retirement Plans Many of the Company’s employees are eligible to contribute a percentage of their compensation to defined contribution plans (“401(k) Plans”). Participants in the 401(k) Plans may become eligible to receive a profit-sharing allocation in the form of a discretionary Company contribution based on employee compensation. In addition, the Company may also provide matching contributions based on the amount of eligible compensation contributed by the employee. All Company contributions to the 401(k) Plans are made at the discretion of the Company’s board of directors. The Company provides supplemental retirement benefits through a Company sponsored deferred executive compensation plan, which provides certain key employees with retirement benefits that supplement those provided by the 401(k) Plans. Total contributions for these plans were $63.2 million, $45.1 million and $44.6 million for fiscal 2019, fiscal 2018 and fiscal 2017, respectively.

RELATED PARTIES

RELATED PARTIES	12 Months Ended
	Feb. 29, 2020
Related Party Transactions [Abstract]
RELATED PARTIES	NOTE 12—RELATED PARTIES Cerberus In connection with the Safeway acquisition, the Company entered into a four-year management agreement with Cerberus Capital Management, L.P. and the consortium of investors, which commenced on January 30, 2015, requiring an annual management fee of $13.75 million. The Company made the final payment under the initial management agreement in the fourth quarter of fiscal 2017. The agreement was extended to cover both fiscal 2018 and fiscal 2019, requiring the payment of annual management fees of $13.75 million in each year. The Company paid Cerberus Operations and Advisory Company, LLC (“COAC”), an affiliate of Cerberus, fees totaling approximately $0.3 million, $0.5 million and $0.5 million for fiscal 2019, fiscal 2018 and fiscal 2017, respectively, for consulting services provided in connection with improving the Company’s operations. The Company paid Cerberus Technology Solutions (“CTS”), an affiliate of Cerberus, fees totaling approximately $4.4 million for fiscal 2019 for information technology advisory and implementation services in connection with modernizing the Company’s information systems. The Company paid no fees to CTS in fiscal 2018 and fiscal 2017.

COMMITMENTS AND CONTINGENCIES A

COMMITMENTS AND CONTINGENCIES AND OFF BALANCE SHEET ARRANGEMENTS	12 Months Ended
	Feb. 29, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES AND OFF BALANCE SHEET ARRANGEMENTS	NOTE 13—COMMITMENTS AND CONTINGENCIES AND OFF BALANCE SHEET ARRANGEMENTS Guarantees California Department of Industrial Relations: Lease Guarantees: (COVID-19) The Company also provides guarantees, indemnifications and assurances to others in the ordinary course of its business. Legal Proceedings The Company is subject from time to time to various claims and lawsuits arising in the ordinary course of business, including lawsuits involving trade practices, lawsuits alleging violations of state and/or federal wage and hour laws (including alleged violations of meal and rest period laws and alleged misclassification issues), real estate disputes as well as other matters. Some of these suits purport or may be determined to be class actions and/or seek substantial damages. It is the opinion of the Company’s management that although the amount of liability with respect to certain of the matters described herein cannot be ascertained at this time, any resulting liability of these and other matters, including any punitive damages, will not have a material adverse effect on the Company’s business or financial condition. The Company continually evaluates its exposure to loss contingencies arising from pending or threatened litigation and believes it has made provisions where the loss contingency can be reasonably estimated and an adverse outcome is probable. Nonetheless, assessing and predicting the outcomes of these matters involves substantial uncertainties. Management currently believes that the aggregate range of reasonably possible loss for the Company’s exposure in excess of the amount accrued is expected to be immaterial to the Company. It remains possible that despite management’s current belief, material differences in actual outcomes or changes in management’s evaluation or predictions could arise that could have a material effect on the Company’s financial condition, results of operations or cash flows. Office of Inspector General: Civil Investigative Demands: The Company has received a civil investigative demand dated February 28, 2020 from the United States Attorney for the Southern District of New York in connection with a False Claims Act investigation relating to the Company’s dispensing practices regarding insulin pen products. The investigation seeks documents regarding the Company’s policies, practices and procedures, as well as dispensing data, among other things. The Company will cooperate with the U.S. Attorney in the investigation. The Company is currently unable to determine the probability of the outcome of this matter or the range of possible loss, if any. Terraza/Lorenz: False Claims Act United States ex rel. Schutte and Yarberry v. SuperValu, New Albertson’s, Inc., et al, providing the government, as a part of usual and customary prices, the benefit of discounts given to customers who requested that defendants match competitor prices. The complaint was originally filed under seal and amended on November 30, 2015. On August 5, 2019, the Court granted relator’s motion for partial summary judgment, holding that price matched prices are the usual and customary prices for those drugs. Additional summary judgment motions by both parties are pending. Trial will be set after the Court rules on the pending summary judgment motions. In United States ex rel. Proctor v. Safeway is The Company was also subject to another FCA qui tam action entitled United States ex rel. Zelickowski v. Albertson’s LLC Alaska Attorney General’s Investigation: Opioid Litigation: matters--MDL State of New Mexico v. Purdue Pharma L.P., et al. --the California Air Resources Board: CARB, the Company could be subject to certain fines and penalties. The Company has recorded an estimated liability for this matter. FACTA: Martin v. Safeway Other Commitments In the ordinary course of business, the Company enters into various supply contracts to purchase products for resale and purchase and service contracts for fixed asset and information technology commitments. These contracts typically include volume commitments or fixed expiration dates, termination provisions and other standard contractual considerations.

OTHER COMPREHENSIVE INCOME OR L

OTHER COMPREHENSIVE INCOME OR LOSS	12 Months Ended
	Feb. 29, 2020
Stockholders' Equity Note [Abstract]
OTHER COMPREHENSIVE INCOME OR LOSS	NOTE 14—OTHER COMPREHENSIVE INCOME OR LOSS Total comprehensive earnings are defined as all changes in stockholders’ equity during a period, other than those from investments by or distributions to stockholders/members. Generally, for the Company, total comprehensive income equals net income plus or minus adjustments for interest rate swaps, pension and other post-retirement liabilities and foreign currency translation adjustments. While total comprehensive earnings are the activity in a period and are largely driven by net earnings in that period, accumulated other comprehensive income or loss (“AOCI”) represents the cumulative balance of other comprehensive income, net of tax, as of the balance sheet date. AOCI is primarily the cumulative balance related to interest rate swaps, pension and other post-retirement benefit adjustments and foreign currency translation adjustments. Changes in the AOCI balance by component are shown below (in millions): Fiscal 2019 Total Interest Pension and Foreign Other Beginning AOCI balance $ 91.3 $ 3.4 $ 88.8 $ (1.4 ) $ 0.5 Cumulative effect of accounting change (1) 16.6 1.2 14.9 — 0.5 Other comprehensive (loss) income before reclassifications (356.2 ) (45.8 ) (315.2 ) 0.3 4.5 Amounts reclassified from Accumulated other comprehensive (loss) income 46.9 35.4 11.5 — — Tax benefit (expense) 82.9 5.8 78.3 — (1.2 ) Current-period other comprehensive (loss) income, net (209.8 ) (3.4 ) (210.5 ) 0.3 3.8 Ending AOCI balance $ (118.5 ) $ — $ (121.7 ) $ (1.1 ) $ 4.3 (1) Related to the adoption of ASU 2018-02, Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. Fiscal 2018 Total Interest Pension and Foreign Other Beginning AOCI balance $ 191.1 $ 18.9 $ 171.9 $ (1.1 ) $ 1.4 Other comprehensive loss before reclassifications (129.8 ) (18.6 ) (110.0 ) (0.3 ) (0.9 ) Amounts reclassified from Accumulated other comprehensive (loss) income (5.6 ) (2.3 ) (2.7 ) — (0.6 ) Tax benefit 35.6 5.4 29.6 — 0.6 Current-period other comprehensive loss, net (99.8 ) (15.5 ) (83.1 ) (0.3 ) (0.9 ) Ending AOCI balance $ 91.3 $ 3.4 $ 88.8 $ (1.4 ) $ 0.5

NET INCOME PER COMMON SHARE

NET INCOME PER COMMON SHARE	12 Months Ended
	Feb. 29, 2020
Earnings Per Share [Abstract]
Net income per common share	NOTE 15—NET INCOME PER COMMON SHARE Basic net income per common share is computed by dividing net income by the weighted average number of common shares outstanding for the period, including common shares to be issued with no prior remaining contingencies prior to issuance. The computation of diluted net income per share reflects the dilutive effects of potentially issuable common shares related to outstanding Phantom Units. Performance-based Phantom Units are considered dilutive when the related performance criterion has been met. The components of basic and diluted net income per common share were as follows (in millions, except per share data): Fiscal 2019 Fiscal 2018 Fiscal 2017 Net Income $ 466.4 $ 131.1 $ 46.3 Weighted average common shares outstanding (1) 579.4 580.5 579.5 Dilutive effect of potential common shares (2) 0.9 0.2 — Weighted average common shares and potential dilutive common shares outstanding 580.3 580.7 579.5 Basic net income per common share $ 0.80 $ 0.23 $ 0.08 Diluted net income per common share 0.80 0.23 0.08 (1) Fiscal 2019 and fiscal 2018 include 1.3 1 (2) There were no potential common shares outstanding that were antidilutive for fiscal 2019 and fiscal 2018. For fiscal 2017, there were 2.6

QUARTERLY INFORMATION (unaudite

QUARTERLY INFORMATION (unaudited)	12 Months Ended
	Feb. 29, 2020
Quarterly Financial Information Disclosure [Abstract]
QUARTERLY INFORMATION (unaudited)	NOTE 1 6 QUARTERLY INFORMATION (unaudited) The summarized quarterly financial data presented below reflects all adjustments, which in the opinion of management, are of a normal and recurring nature and are necessary for a fair statement of the results for the interim periods presented (in millions): Fiscal 2019 53 Last 13 Third 12 Second 12 First 16 Net sales and other revenue $ 62,455.1 $ 15,436.8 $ 14,103.2 $ 14,176.7 $ 18,738.4 Gross profit 17,594.2 4,418.0 3,995.1 3,941.5 5,239.6 Operating income 1,437.1 326.6 206.6 582.4 321.5 Income before income taxes 599.2 90.1 67.7 376.7 64.7 Income tax expense 132.8 22.3 12.9 81.9 15.7 Net income $ 466.4 $ 67.8 $ 54.8 $ 294.8 $ 49.0 Basic and diluted net income per common share $ 0.80 $ 0.12 $ 0.09 $ 0.51 $ 0.08 Net income for the second quarter of fiscal 2019 includes the Company’s $463.6 million net gain related to three separate sale leaseback transactions, which is included as a component of (Gain) loss on property dispositions and impairment losses, net. Fiscal 2018 52 Last 12 Third 12 Second 12 First 16 Net sales and other revenue $ 60,534.5 $ 14,016.6 $ 13,840.4 $ 14,024.1 $ 18,653.4 Gross profit 16,894.6 4,058.7 3,852.4 3,812.8 5,170.7 Operating income 787.3 288.4 174.4 131.4 193.1 Income (loss) before income taxes 52.2 137.0 (19.8 ) (44.3 ) (20.7 ) Income tax (benefit) expense (78.9 ) 1.4 (65.4 ) (11.9 ) (3.0 ) Net income (loss) $ 131.1 $ 135.6 $ 45.6 $ (32.4 ) $ (17.7 ) Basic and diluted net income (loss) per common share $ 0.23 $ 0.23 $ 0.08 $ (0.06 ) $ (0.03 ) Net income for the third quarter of fiscal 2018 includes the Company’s provisional SAB 118 adjustment of $60.3 million related to the Tax Cuts and Jobs Act (the “Tax Act”). Net income for the second quarter of fiscal 2018 includes the Company’s $135.8 million net gain on property dispositions and impairment losses.

STOCK SPLIT

STOCK SPLIT	12 Months Ended
	Feb. 29, 2020
Stockholders' Equity Note [Abstract]
STOCK SPLIT	NOTE 17—STOCK SPLIT On June 18, 2020, the Company’s board of directors approved, and the Company effected, a 2.072-for-1 stock split of its common stock, without any change in the total shares authorized or the par value per share. All information related to the Company’s common stock and per common share amounts for all periods presented in the accompanying consolidated financial statements have been retroactively adjusted to give effect to the 2.072-for-1

DESCRIPTION OF BUSINESS, BASI_2

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Feb. 29, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business Albertsons Companies, Inc. and its subsidiaries (the “Company” or “ACI”) is a food and drug retailer that, as of February 29, 2020, operated 2,252 retail stores together with 402 associated fuel centers, 23 dedicated distribution centers, 20 manufacturing facilities and various online platforms. The Company’s retail food businesses and in-store Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw’s, Star Market, United Supermarkets, Market Street Haggen Basis of Presentation and Reorganization Transactions The Company’s Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Intercompany transactions and accounts have been eliminated in consolidation for all periods presented. The Company’s investments in unconsolidated affiliates are recorded using the equity method. Prior to December 3, 2017, ACI had no material assets or operations. On December 3, 2017, Albertsons Companies, LLC (“ACL”) and its parent, AB Acquisition LLC, a Delaware limited liability company (“AB Acquisition”), completed a reorganization of its legal entity structure whereby the existing equityholders of AB Acquisition each contributed their equity interests in AB Acquisition to Albertsons Investor Holdings LLC (“Albertsons Investor”) and KIM ACI, LLC (“KIM ACI”). In exchange, equityholders received a proportionate share of units in Albertsons Investor and KIM ACI, respectively. Albertsons Investor and KIM ACI then contributed all of the AB Acquisition equity interests they received to ACI in exchange for common stock issued by ACI. As a result, Albertsons Investor and KIM ACI became the parents of ACI, owning all of its outstanding common stock, with AB Acquisition and its subsidiary, ACL, becoming wholly-owned subsidiaries of ACI. On February 25, 2018, ACL merged with and into ACI, with ACI as the surviving corporation (such transactions, collectively, the “Reorganization Transactions”). Prior to February 25, 2018, substantially all of the assets and operations of ACI were those of its subsidiary, ACL. The Reorganization Transactions were accounted for as a transaction between entities under common control and, accordingly, there was no change in the basis of the underlying assets and liabilities. The Consolidated Financial Statements are reflective of the changes that occurred as a result of the Reorganization Transactions. Prior to February 25, 2018, the Consolidated Financial Statements of ACI reflect the net assets and operations of ACL.
Prior Period Reclassifications	Prior Period Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation, specifically the reclassification of gains and losses from property dispositions and impairment losses from Selling and administrative expenses to (Gain) loss on property dispositions and impairment losses, net on the Consolidated Statements of Operations and Comprehensive Income.
Fiscal year	Fiscal year: each consist of 12 weeks, and the fiscal year generally consists of 52 weeks. For the fiscal year ended February 29, 2020, the fourth quarter consisted of 13 weeks, and the fiscal year consisted of 53 weeks. For each of the prior years presented, the fiscal year consisted of 52 weeks.
Use of estimates	Use of estimates: Financial
Cash and cash equivalents	Cash and cash equivalents:
Restricted cash	Restricted cash:
Receivables, net	Receivables, net:
Inventories, net	Inventories, net: As of February 29, 2020 and February 23, 2019, approximately 85.6% and 85.9%, respectively, of the Company’s inventories were valued under the last-in, first-out cost-to-retail first-in, first-out
Assets held for sale	Assets held for sale: Consolidated Balance Sheets. As of February 29, 2020, and February 23, 2019, immaterial amounts of assets and liabilities held for sale are recorded in other current assets and other current liabilities, respectively.
Property and equipment, net	Property and equipment, net: seven ten three six Property and equipment under finance leases are recorded at the lower of the present value of the future minimum lease payments or the fair value of the asset and are amortized on the straight-line method over the lesser of the lease term or the estimated useful life. Interest capitalized on property under construction was immaterial for all periods presented.
Leases	Leases: right-of-use The Company has lease agreements with non-lease Non-lease Non-lease
Impairment of long-lived assets	Impairment of long-lived assets:
Intangible assets, net	Intangible assets, net: three lived intangible assets for impairment in accordance with its policy for long-lived assets. Intangible assets with indefinite useful lives, which are not amortized, consist of restricted covenants and liquor licenses. The Company reviews intangible assets with indefinite useful lives and tests for impairment annually on the first day of the fourth quarter and also if events or changes in circumstances indicate the occurrence of a triggering event. The review consists of comparing the estimated fair value of the cash flows generated by the asset to the carrying value of the asset.
Business combination measurements	Business combination measurements: The fair value of assets acquired and liabilities assumed are determined using market, income and cost approaches from the perspective of a market participant. The fair value measurements can be based on significant inputs that are not readily observable in the market. The market approach indicates value for a subject asset based on available market pricing for comparable assets. The market approach used includes prices and other relevant information generated by market transactions involving comparable assets, as well as pricing guides and other sources. The income approach indicates value for a subject asset based on the present value of cash flows projected to be generated by the asset. Projected cash flows are discounted at a required market rate of return that reflects the relative risk of achieving the cash flows and the time value of money. The cost approach, which estimates value by determining the current cost of replacing an asset with another of equivalent economic utility, was used for certain assets for which the market and income approaches could not be applied due to the nature of the asset. The cost to replace a given asset reflects the estimated reproduction or replacement cost for the asset, adjusted for obsolescence, whether physical, functional or economic. Business combination measurements: purchase price over the fair value of the tangible and identifiable intangible assets acquired and liabilities assumed in the acquisition. The fair value of assets acquired and liabilities assumed are determined using market, income and cost approaches from the perspective of a market participant. The fair value measurements can be based on significant inputs that are not readily observable in the market. The market approach indicates value for a subject asset based on available market pricing for comparable assets. The market approach used includes prices and other relevant information generated by market transactions involving comparable assets, as well as pricing guides and other sources. The income approach indicates value for a subject asset based on the present value of cash flows projected to be generated by the asset. Projected cash flows are discounted at a required market rate of return that reflects the relative risk of achieving the cash flows and the time value of money. The cost approach, which estimates value by determining the current cost of replacing an asset with another of equivalent economic utility, was used for certain assets for which the market and income approaches could not be applied due to the nature of the asset. The cost to replace a given asset reflects the estimated reproduction or replacement cost for the asset, adjusted for obsolescence, whether physical, functional or economic.
Goodwill	Goodwill: During the second quarter of fiscal 2017, there was a sustained decline in the market multiples of publicly traded peer companies. In addition, during the second quarter of fiscal 2017, the Company revised its short-term operating plan. As a result, the Company determined that an interim review of its recoverability of goodwill was necessary. Consequently, during the second quarter of fiscal 2017, the Company recorded a goodwill impairment loss of $142.3 million, substantially all within the Acme reporting unit relating to the November 2015 acquisition of stores from The Great Atlantic and Pacific Tea Company, Inc., due to changes in the estimate of its long-term future financial performance to reflect lower expectations for growth in revenue and earnings than previously estimated. The goodwill impairment loss was based on a quantitative analysis using a combination of a discounted cash flow model (income approach) and a guideline public company comparative analysis (market approach).
Investment in unconsolidated affiliates	Investment in unconsolidated affiliates: El Rancho: Casa Ley: ₱
Company-Owned life insurance policies	Company-Owned life insurance policies (“COLI”):
Derivatives	Derivatives: instruments are highly effective in offsetting the changes in the fair value or cash flow of the hedged items. If it is determined that a derivative is not highly effective as a hedge or ceases to be highly effective, the Company discontinues hedge accounting prospectively. The Company has also entered into contracts to purchase electricity and natural gas at fixed prices for a portion of its energy needs. The Company expects to take delivery of the electricity and natural gas in the normal course of business. Contracts that qualify for the normal purchase exception under derivatives and hedging accounting guidance are not recorded at fair value. Energy purchased under these contracts is expensed as delivered. The Company also manages its exposure to changes in diesel prices utilized in the Company’s distribution process through the use of short-term heating oil derivative contracts. These contracts are economic hedges of price risk and are not designated or accounted for as hedging instruments for accounting purposes. Changes in the fair value of these instruments are recognized in current period earnings.
Self-Insurance liabilities	Self-Insurance liabilities The Company has reinsurance receivables of $22.5 million and $20.3 million recorded within Receivables, net and $43.9 million and $41.1 million recorded within Other assets as of February 29, 2020 and February 23, 2019, respectively. The self-insurance liabilities and related reinsurance receivables are recorded gross. Changes in self-insurance liabilities consisted of the following (in millions): February 29, February 23, Beginning balance $ 1,146.3 $ 1,217.7 Expense 323.4 323.5 Claim payments (295.6 ) (279.3 ) Other reductions (1) (26.7 ) (115.6 ) Ending balance 1,147.4 1,146.3 Less current portion (308.9 ) (306.8 ) Long-term portion $ 838.5 $ 839.5 (1) Primarily reflects actuarial adjustments for claims experience and systematic adjustments to the fair value of assumed self-insurance liabilities from acquisitions.
Benefit plans and Multiemployer plans	Benefit plans and Multiemployer plans: non-contributory The Company recognizes a liability for the underfunded status of the defined benefit plans as a component of Other long-term liabilities. Actuarial gains or losses and prior service costs or credits are recorded within Other Most union employees participate in multiemployer retirement plans pursuant to collective bargaining agreements, unless the collective bargaining agreement provides for participation in plans sponsored by the Company. Pension expense for the multiemployer plans is recognized as contributions are funded.
Revenue recognition, Cost of sales and vendor allowances	Revenue recognition The Company records a contract liability when it sells its own proprietary gift cards. The Company records a sale when the customer redeems the gift card. The Company’s gift cards do not expire. The Company reduces the contract liability and records revenue for the unused portion of gift cards (“breakage”) in proportion to its customers’ pattern of redemption, which the Company determined to be the historical redemption rate. The Company’s contract liability related to gift cards was $52.2 million as of February 29, 2020 and $55.9 million as of February 23, 2019. Disaggregated Revenues The following table represents sales revenue by type of similar product (in millions): Fiscal Fiscal Fiscal Amount (1) % of Total Amount % of Total Amount % of Total Non-perishables $ 27,165.3 43.5 % $ 26,371.8 43.6 % $ 26,522.0 44.3 % Perishables (3) 25,681.8 41.1 % 24,920.9 41.2 % 24,583.7 41.0 % Pharmacy 5,236.8 8.4 % 4,986.6 8.2 % 5,002.6 8.3 % Fuel 3,430.4 5.5 % 3,455.9 5.7 % 3,104.6 5.2 % Other (4) 940.8 1.5 % 799.3 1.3 % 711.7 1.2 % Total (5) $ 62,455.1 100.0 % $ 60,534.5 100.0 % $ 59,924.6 100.0 % (1) eCommerce related sales are included in the categories to which the revenue pertains. (2) Consists primarily of general merchandise, grocery and frozen foods. (3) Consists primarily of produce, dairy, meat, deli, floral and seafood. (4) Consists primarily of wholesale revenue to third parties, commissions and other miscellaneous revenue. (5) Fiscal 2019 includes approximately $1.1 billion of incremental Net sales and other revenue due to the additional 53rd week. Cost of sales and vendor allowances: The Company receives vendor allowances or rebates (“Vendor Allowances”) for a variety of merchandising initiatives and buying activities. The terms of the Company’s Vendor Allowances arrangements vary in length but are primarily expected to be completed within a quarter. The Company records Vendor Allowances as a reduction of Cost of sales when the associated products are sold. Vendor Allowances that have been earned as a result of completing the required performance under terms of the underlying agreements but for which the product has not yet been sold are recognized as reductions of inventory. The reduction of inventory for these Vendor Allowances was $72.0 million and $74.8 million as of February 29, 2020 and February 23, 2019, respectively.
Advertising costs	Advertising costs are included in Cost of sales and are expensed in the period the advertising occurs. Cooperative advertising funds are recorded as a reduction of Cost of sales when the advertising occurs. Advertising costs were $405.6 million, $422.3 million and $497.5 million, net of cooperative advertising allowances of $91.9 million, $101.3 million and $81.1 million for fiscal 2019, fiscal 2018 and fiscal 2017, respectively.
Selling and administrative expenses	Selling and administrative expenses: .
Income taxes	Income taxes: Deferred taxes are provided for the net tax effects of temporary differences between the financial reporting and income tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. Valuation allowances are established where management determines that it is more likely than not that some portion or all of a deferred tax asset will not be realized. The Company reviews tax positions taken or expected to be taken on tax returns to determine whether and to what extent a tax benefit can be recognized. The Company evaluates its positions taken and establishes liabilities in accordance with the applicable accounting guidance for uncertain tax positions. The Company reviews these liabilities as facts and circumstances change and adjusts accordingly. The Company recognizes any interest and penalties associated with uncertain tax positions as a component of Income tax expense. The Tax Act requires a U.S. shareholder of a controlled foreign corporation to provide U.S. taxes on its share of global intangible low-taxed The Company is contractually indemnified by SUPERVALU INC. (“SuperValu”) for any tax liability of New Albertsons L.P. (“NALP”) arising from tax years prior to the NALP acquisition. The Company is also contractually obligated to pay SuperValu any tax benefit it receives in a tax year after the NALP acquisition as a
Segments	Segments
Recently adopted accounting standards	Recently adopted accounting standards: 2016-02, Leases (Topic 842) Lease 2016-02 Right-of-use 2018-11, Leases (Topic 842): Targeted Improvements The Company adopted the guidance effective February 24, 2019 by recognizing and measuring leases at the adoption date with a cumulative effect of initially applying the guidance recognized at the date of initial application and as a result did not restate the prior periods presented in the Consolidated Financial Statements. The Company elected certain practical expedients permitted under the transitional guidance, including retaining historical lease classification, evaluating whether any expired contracts are or contain leases, and not applying hindsight in determining the lease term. The Company also elected the practical expedient to not separate lease and non-lease The adoption of the standard resulted in the recognition of an operating lease ROU asset of $5.3 billion and an operating lease liability of $5.4 billion. Included in the measurement of the new operating lease ROU asset is the reclassification of certain balances, including those historically recorded as lease exit cost liabilities, deferred rent and beneficial and unfavorable lease interests. The adoption also resulted in a cumulative effect transitional adjustment of $776.0 million ($574.6 million, net of tax) to retained earnings related to the elimination of $865.8 million deferred gains on sale leaseback transactions, partially offset by the recognition of $87.3 million in impairment losses on operating lease assets and the removal of $17.2 million and $14.7 million, respectively, of assets and liabilities related to finance lease obligations under previously existing build-to-suit . In February 2018, the FASB issued ASU 2018-02, Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income income. The standard did not have a material impact on the Company’s Consolidated Statements of Operations and the Consolidated Statements of Cash Flows. Recently issued accounting standards: 2019-12, Simplifying the Accounting for Income Taxes step-up

DESCRIPTION OF BUSINESS, BASI_3

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Feb. 29, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Self-insurance Liabilities	Changes in self-insurance liabilities consisted of the following (in millions): February 29, February 23, Beginning balance $ 1,146.3 $ 1,217.7 Expense 323.4 323.5 Claim payments (295.6 ) (279.3 ) Other reductions (1) (26.7 ) (115.6 ) Ending balance 1,147.4 1,146.3 Less current portion (308.9 ) (306.8 ) Long-term portion $ 838.5 $ 839.5 (1) Primarily reflects actuarial adjustments for claims experience and systematic adjustments to the fair value of assumed self-insurance liabilities from acquisitions.
Sales Revenue by Type of Similar Products	The following table represents sales revenue by type of similar product (in millions): Fiscal Fiscal Fiscal Amount (1) % of Total Amount % of Total Amount % of Total Non-perishables $ 27,165.3 43.5 % $ 26,371.8 43.6 % $ 26,522.0 44.3 % Perishables (3) 25,681.8 41.1 % 24,920.9 41.2 % 24,583.7 41.0 % Pharmacy 5,236.8 8.4 % 4,986.6 8.2 % 5,002.6 8.3 % Fuel 3,430.4 5.5 % 3,455.9 5.7 % 3,104.6 5.2 % Other (4) 940.8 1.5 % 799.3 1.3 % 711.7 1.2 % Total (5) $ 62,455.1 100.0 % $ 60,534.5 100.0 % $ 59,924.6 100.0 % (1) eCommerce related sales are included in the categories to which the revenue pertains. (2) Consists primarily of general merchandise, grocery and frozen foods. (3) Consists primarily of produce, dairy, meat, deli, floral and seafood. (4) Consists primarily of wholesale revenue to third parties, commissions and other miscellaneous revenue. (5) Fiscal 2019 includes approximately $1.1 billion of incremental Net sales and other revenue due to the additional 53rd week.

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Feb. 29, 2020
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment, net consisted of the following (in millions): February 29, February 23, Land $ 2,119.2 $ 2,382.7 Buildings 4,720.0 4,968.4 Property under construction 669.3 652.2 Leasehold improvements 1,706.6 1,468.3 Fixtures and equipment 5,802.4 5,132.1 Property and equipment under finance leases 882.5 970.8 Total property and equipment 15,900.0 15,574.5 Accumulated depreciation and amortization (6,688.1 ) (5,713.2 ) Total property and equipment, net $ 9,211.9 $ 9,861.3

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	12 Months Ended
	Feb. 29, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The Company’s Intangible assets, net consisted of the following (in millions): February 29, February 23, Estimated Gross Accumulated Net Gross Accumulated Net Trade names 40 $ 1,912.1 $ (264.6 ) $ 1,647.5 $ 1,959.1 $ (231.7 ) $ 1,727.4 Beneficial lease rights (1) 12 — — — 892.0 (410.6 ) 481.4 Customer prescription files 5 1,472.1 (1,440.9 ) 31.2 1,483.4 (1,276.1 ) 207.3 Internally developed software 3 780.0 (465.2 ) 314.8 672.4 (348.1 ) 324.3 Other intangible assets (2) 3 to 6 51.7 (44.1 ) 7.6 22.4 (14.4 ) 8.0 Total finite-lived intangible assets 4,215.9 (2,214.8 ) 2,001.1 5,029.3 (2,280.9 ) 2,748.4 Liquor licenses and restricted covenants Indefinite 86.1 — 86.1 86.1 — 86.1 Total intangible assets, net $ 4,302.0 $ (2,214.8 ) $ 2,087.2 $ 5,115.4 $ (2,280.9 ) $ 2,834.5 (1) Upon adoption of ASU 2016-02—“Leases right-of-use (2) Other intangible assets includes covenants not to compete, specialty accreditation and licenses and patents.
Schedule of Future Amortization Expense of Finite-Lived Intangible Assets	Estimated future amortization expense associated with the net carrying amount of intangibles with finite lives is as follows (in millions): Fiscal Year Amortization 2020 $ 159.4 2021 137.8 2022 120.0 2023 85.8 2024 59.7 Thereafter 1,438.4 Total $ 2,001.1

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Feb. 29, 2020
Fair Value Disclosures [Abstract]
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table presents assets and liabilities which are measured at fair value on a recurring basis as of February 29, 2020 (in millions): Fair Value Measurements Total Quoted prices in active for identical assets (Level 1) Significant observable inputs (Level 2) Significant unobservable inputs (Level 3) Assets: Cash equivalents: Money Market $ 2.0 $ 2.0 $ — $ — Short-term investments (1) 13.5 5.0 8.5 — Non-current 85.9 26.8 59.1 — Total $ 101.4 $ 33.8 $ 67.6 $ — Liabilities: Derivative contracts (3) $ 66.4 $ — $ 66.4 $ — Total $ 66.4 $ — $ 66.4 $ — (1) Primarily relates to Mutual Funds (Level 1) and Corporate Bonds (Level 2). Included in Other current assets. (2) Primarily relates to investments in publicly traded stock (Level 1) and U.S. Treasury Notes and Corporate Bonds (Level 2). Included in Other assets. (3) Primarily relates to interest rate swaps. Included in Other current liabilities. The following table presents assets and liabilities which are measured at fair value on a recurring basis as of February 23, 2019 (in millions): Fair Value Measurements Total Quoted prices in active for identical assets (Level 1) Significant observable inputs (Level 2) Significant unobservable inputs (Level 3) Assets: Cash equivalents: Money Market $ 489.0 $ 489.0 $ — $ — Short-term investments (1) 23.1 21.0 2.1 — Non-current 84.2 30.5 53.7 — Total $ 596.3 $ 540.5 $ 55.8 $ — Liabilities: Derivative contracts (3) $ 21.1 $ — $ 21.1 $ — Total $ 21.1 $ — $ 21.1 $ — (1) Primarily relates to Mutual Funds. Included in Other current assets. (2) Primarily relates to investments in publicly traded stock (Level 1) and U.S. Treasury Notes and Corporate Bonds (Level 2). Included in Other assets. (3) Primarily relates to interest rate swaps. Included in Other current liabilities.

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Feb. 29, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments Designated as Cash Flow Hedges	Activity related to the Swaps consisted of the following (in millions): Amount of (loss) income Swaps designated as hedging instruments Fiscal Fiscal Fiscal Location of (loss) Designated interest rate $ ) $ (15.5 ) $ 47.0 Other comprehensive income (loss), net of tax Amount of (loss) income Swaps not designated as hedging instruments Fiscal Fiscal Fiscal Location of (loss) Undesignated, ineffective or discontinued portion of interest rate swaps $ (47.9 ) $ $ 0.6 Other expense (income), net

LONG-TERM DEBT AND FINANCE LE_2

LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS (Tables)	12 Months Ended
	Feb. 29, 2020
Debt Disclosure [Abstract]
Schedule of Long-term Debt	The Company’s long-term debt as of February 29, 2020 and February 23, 2019, net of debt discounts of $41.3 million and $197.0 million, respectively, and deferred financing costs of $72.9 million and $65.2 million, respectively, consisted of the following (in millions): February 29, February 23, Senior Unsecured Notes due 2023, 2024, 2025, 2026, 2027, 2028 and 2030 interest rate of 3.50%, 6.625%, 5.750%, 7.5%, 4.625%, 5.875% and 4.875%, respectively $ 6,884.5 $ 3,071.6 Albertsons Term Loans, interest range of 4.45% to 5.69% — 4,610.7 Safeway Inc. Notes due 2020 to 2031, interest rate range of 3.95% to 7.45% 642.1 675.3 New Albertson’s L.P. Notes due 2026 to 2031, interest rate range of 6.52% to 8.70% 466.0 1,322.3 Other notes payable, unsecured 37.2 125.4 Mortgage notes payable, secured 18.2 18.8 Finance lease obligations (see Note 8) 666.7 762.3 Total debt 8,714.7 10,586.4 Less current maturities (221.4 ) (148.8 ) Long-term portion $ 8,493.3 $ 10,437.6
Schedule of Future Maturities of Long-term Debt	As of February 29, 2020, the future maturities of long-term debt, excluding finance lease obligations, debt discounts and deferred financing costs, consisted of the following (in millions): 2020 $ 138.0 2021 131.2 2022 751.1 2023 1.2 2024 1,267.2 Thereafter 5,873.5 Total $ 8,162.2
Schedule of Interest Expense	Fiscal Fiscal Fiscal ABL Facility, senior secured and unsecured notes, term loans and debentures $ 565.3 $ 698.3 $ 701.5 Finance lease obligations 79.8 81.8 96.3 Deferred financing costs 39.8 42.7 56.1 Debt discounts 34.1 20.3 16.0 Other interest (income) expense (21.0 ) (12.3 ) 4.9 Interest expense, net $ 698.0 $ 830.8 $ 874.8

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Feb. 29, 2020
Leases [Abstract]
Components of Lease Expense and Supplemental Cash Flow Information	The following table presents cash flow information and the weighted average lease term and discount rate for leases (dollars in millions): Fiscal Gains on sale leaseback transactions, net $ 487.1 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases 995.8 Operating cash flows from finance leases 79.8 Financing cash flows from finance leases 109.3 Right-of-use 1,195.2 Right-of-use — Impairment of right-of-use 15.4 Impairment of right-of-use 6.1 Weighted average remaining lease term—operating leases 12.1 years Weighted average remaining lease term—finance leases 9.0 years Weighted average discount rate—operating leases 7.0 % Weighted average discount rate—finance leases 13.7 % The components of total lease cost, net consisted of the following (in millions): Classification Fiscal Operating lease cost (1) Cost of sales and Selling and administrative expenses (3) $ 1,011.6 Finance lease cost Amortization of lease assets Cost of sales and Selling and administrative expenses (3) 90.4 Interest on lease liabilities Interest expense, net 79.8 Variable lease cost (2) Cost of sales and Selling and administrative expenses (3) 402.9 Sublease income Net sales and other revenue (111.8 ) Total lease cost, net $ 1,472.9 (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 (3) Supply chain-related amounts are included in Cost of sales.
Balance Sheet Information	Balance sheet information related to leases as of February 29, 2020 consisted of the following (in millions): Classification February 29, Assets Operating Operating lease right-of-use $ 5,867.4 Finance Property and equipment, net 430.7 Total lease assets $ 6,298.1 Liabilities Current Operating Current operating lease obligations $ 563.1 Finance Current maturities of long-term debt and finance lease obligations 83.4 Long-term Operating Long-term operating lease obligations 5,402.8 Finance Long-term debt and finance lease obligations 583.3 Total lease liabilities $ 6,632.6
Future Minimum Lease Payments For Finance Lease Obligations	Future minimum lease payments for operating and finance lease obligations as of February 29, 2020 consisted of the following (in millions): Lease Obligations Fiscal year Operating Leases Finance Leases 2020 $ 891.8 $ 136.2 2021 926.8 136.7 2022 868.2 125.4 2023 797.8 116.0 2024 706.6 96.4 Thereafter 4,968.2 423.3 Total future minimum obligations 9,159.4 1,034.0 Less interest (3,193.5 ) (367.3 ) Present value of net future minimum lease obligations 5,965.9 666.7 Less current portion (563.1 ) (83.4 ) Long-term obligations $ 5,402.8 $ 583.3
Schedule of Future Minimum Lease Payments for Capital Leases	Future minimum lease payments for operating and capital lease obligations as of February 23, 2019 under the previous lease accounting standard consisted of the following (in millions): Lease Obligations Fiscal year Operating Leases Capital Leases 2019 $ 879.7 $ 170.5 2020 840.5 151.3 2021 783.2 134.9 2022 723.6 123.1 2023 651.0 114.1 Thereafter 4,338.6 509.1 Total future minimum obligations $ 8,216.6 1,203.0 Less interest (440.7 ) Present value of net future minimum lease obligations 762.3 Less current portion (97.3 ) Long-term obligations $ 665.0
Lessee, Operating Lease, Disclosure	Rent expense and tenant rental income under operating leases under the previous lease accounting standard consisted of the following (in millions): Fiscal Fiscal Minimum rent $ 853.5 $ 831.6 Contingent rent 10.3 12.0 Total rent expense 863.8 843.6 Tenant rental income (107.2 ) (98.8 ) Total rent expense, net of tenant rental income $ 756.6 $ 744.8

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Feb. 29, 2020
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Benefit	The components of income tax expense (benefit) consisted of the following (in millions): Fiscal Fiscal Fiscal Current Federal (1) $ 87.2 $ 9.0 $ 54.0 State (2) 49.2 (6.7 ) 26.5 Foreign 2.3 0.3 49.8 Total Current 138.7 2.6 130.3 Deferred Federal (14.1 ) (77.9 ) (807.7 ) State (1.1 ) (3.6 ) (216.6 ) Foreign 9.3 — (69.8 ) Total Deferred (5.9 ) (81.5 ) (1,094.1 ) Income tax expense (benefit) $ 132.8 $ (78.9 ) $ (963.8 )
Schedule of Effective Income Tax Rate Reconciliation	The difference between the actual tax provision and the tax provision computed by applying the statutory federal income tax rate to income (loss) before income taxes was attributable to the following (in millions): Fiscal Fiscal Fiscal Income tax expense (benefit) at federal statutory rate $ 125.8 $ 11.0 $ (301.5 ) State income taxes, net of federal benefit 32.3 0.7 (39.8 ) Change in valuation allowance (7.2 ) (3.3 ) (218.0 ) Tax Cuts and Jobs Act — (56.9 ) (430.4 ) Unrecognized tax benefits 7.7 (16.2 ) (36.5 ) Member loss — — 83.1 Charitable donations (6.9 ) (4.4 ) — Tax Credits (23.5 ) (10.8 ) (9.1 ) CVR liability adjustment — — (20.3 ) Reorganization of limited liability companies — — 46.7 Nondeductible equity-based compensation expense 1.0 3.8 1.6 Other 3.6 (2.8 ) (39.6 ) Income tax expense (benefit) $ 132.8 $ (78.9 ) $ (963.8 )
Schedule of Valuation Allowance Activity	The valuation allowance activity on deferred tax assets was as follows (in millions): February 29, February 23, February 24, Beginning balance $ 139.5 $ 134.9 $ 387.6 Additions charged to income tax expense 3.5 3.5 141.0 Reductions credited to income tax expense (10.7 ) (6.8 ) (359.0 ) Changes to other comprehensive income or loss and other 2.8 7.9 (34.7 ) Ending balance $ 135.1 $ 139.5 $ 134.9
Schedule of Deferred Tax Assets and Liabilities	The Company’s deferred tax assets and liabilities consisted of the following (in millions): February 29, February 23, Deferred tax assets: Compensation and benefits $ 135.7 $ 132.0 Net operating loss 117.0 165.9 Pension & postretirement benefits 235.5 195.6 Reserves 24.7 1.5 Self-Insurance 263.5 259.7 Tax credits 41.7 64.2 Lease obligations 1,728.2 192.5 Other 119.1 58.7 Gross deferred tax assets 2,665.4 1,070.1 Less: valuation allowance (135.1 ) (139.5 ) Total deferred tax assets 2,530.3 930.6 Deferred tax liabilities: Debt discounts 15.6 62.8 Depreciation and amortization 1,249.1 1,068.6 Inventories 346.8 346.5 Operating lease assets 1,521.7 — Other 10.9 14.1 Total deferred tax liabilities 3,144.1 1,492.0 Net deferred tax liability $ (613.8 ) $ (561.4 ) Noncurrent deferred tax asset $ — $ — Noncurrent deferred tax liability (613.8 ) (561.4 ) Total $ (613.8 ) $ (561.4 )
Schedule of Unrecognized Tax Benefits	Changes in the Company’s unrecognized tax benefits consisted of the following (in millions): Fiscal Fiscal Fiscal Beginning balance $ 376.2 $ 356.0 $ 418.0 Increase related to tax positions taken in the current year 0.9 1.6 65.4 Increase related to tax positions taken in prior years 3.0 35.1 4.6 Decrease related to tax position taken in prior years (2.2 ) (0.4 ) (70.0 ) Decrease related to settlements with taxing authorities (4.1 ) (8.3 ) (17.5 ) Decrease related to lapse of statute of limitations — (7.8 ) (44.5 ) Ending balance $ 373.8 $ 376.2 $ 356.0

EMPLOYEE BENEFIT PLANS AND CO_2

EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS (Tables)	12 Months Ended
	Feb. 29, 2020
Retirement Benefits [Abstract]
Schedule of Changes in Retirement Plan's Benefit Obligation and Fair Value of Assets	The following table provides a reconciliation of the changes in the retirement plans’ benefit obligation and fair value of assets over the two-year Pension Other Post-Retirement February 29, February 23, February 29, February 23, Change in projected benefit obligation: Beginning balance $ 2,325.8 $ 2,351.8 $ 23.8 $ 26.9 Service cost 14.7 52.4 0.6 1.0 Interest cost 80.6 85.8 0.7 0.5 Actuarial loss (gain) 315.1 0.5 (2.6 ) (2.4 ) Plan participant contributions — — 0.4 0.4 Benefit payments (including settlements) (218.9 ) (167.8 ) (2.0 ) (2.6 ) Plan amendments (1.1 ) 3.1 — — Ending balance $ 2,516.2 $ 2,325.8 $ 20.9 $ 23.8 Change in fair value of plan assets: Beginning balance $ 1,847.0 $ 1,814.0 $ — $ — Actual return on plan assets 106.2 3.6 — — Employer contributions 9.4 197.2 1.6 2.1 Plan participant contributions — — 0.4 0.4 Benefit payments (including settlements) (218.9 ) (167.8 ) (2.0 ) (2.5 ) Ending balance $ 1,743.7 $ 1,847.0 $ — $ — Components of net amount recognized in financial position: Other current liabilities $ (6.7 ) $ (6.7 ) $ (2.5 ) $ (2.1 ) Other long-term liabilities (765.8 ) (472.1 ) (18.4 ) (21.7 ) Funded status $ (772.5 ) $ (478.8 ) $ (20.9 ) $ (23.8 )
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)	Amounts recognized in Accumulated other comprehensive (loss) income consisted of the following (in millions): Pension Other Post-Retirement Benefits February 29, February 23, February 29, February 23, Net actuarial loss (gain) $ 170.4 $ (140.6 ) $ (10.3 ) $ (8.2 ) Prior service cost 1.6 3.1 1.9 5.6 $ 172.0 $ (137.5 ) $ (8.4 ) $ (2.6 )
Schedule of Accumulated Benefit Obligation in Excess of Plan Assets	Information for the Company’s pension plans, all of which have an accumulated benefit obligation in excess of plan assets as of February 29, 2020 and February 23, 2019, is shown below (in millions): February 29, February 23, Projected benefit obligation $ 2,516.2 $ 2,325.8 Accumulated benefit obligation 2,513.4 2,323.9 Fair value of plan assets 1,743.7 1,847.0
Schedule of Components of Net Pension and Post-retirement Expense	The following table provides the components of net pension and post retirement (income) expense for the retirement plans and other changes in plan assets and benefit obligations recognized in Other comprehensive (loss) income (in millions): Pension Other Post-Retirement Benefits Fiscal Fiscal Fiscal Fiscal Components of net expense: Estimated return on plan assets $ (110.1 ) $ (112.6 ) $ — $ — Service cost 14.7 52.4 0.6 1.0 Interest cost 80.6 85.8 0.7 0.5 Amortization of prior service cost 0.4 0.1 3.7 3.7 Amortization of net actuarial loss (gain) 0.5 (6.3 ) (0.5 ) (0.2 ) Loss due to settlement accounting 7.4 — — — Loss due to curtailment accounting — 0.1 — — (Income) expense, net (6.5 ) 19.5 4.5 5.0 Changes in plan assets and benefit obligations recognized in Other comprehensive (loss) income: Net actuarial loss (gain) 318.9 109.4 (2.6 ) (2.4 ) Settlement loss (7.4 ) — — — Curtailment loss — (0.1 ) — — Amortization of net actuarial (loss) gain (0.5 ) 6.3 0.5 0.2 Prior service cost (1.1 ) 3.1 — — Amortization of prior service cost (0.4 ) (0.1 ) (3.7 ) (3.7 ) Total recognized in Other comprehensive (loss) income 309.5 118.6 (5.8 ) (5.9 ) Total net expense and changes in plan assets and benefit obligations recognized in Other comprehensive (loss) income $ 303.0 $ 138.1 $ (1.3 ) $ (0.9 )
Schedule of Assumptions Used	The weighted average actuarial assumptions used to determine year-end February 29, February 23, Discount rate 2.83 % 4.17 % Rate of compensation increase 3.02 % 2.87 % The weighted average actuarial assumptions used to determine net periodic benefit costs for pension plans were as follows: February 29, February 23, Discount rate 4.17 % 4.12 % Expected return on plan assets: 6.36 % 6.38 %
Schedule of Allocation of Plan Assets	The fair value of the Company’s pension plan assets as of February 29, 2020, excluding pending transactions of $95.1 million payable to an intermediary agent, by asset category are as follows (in millions): Fair Value Measurements Asset category Total Quoted Prices in Significant Significant (Level 3) Assets Cash and cash equivalents (1) $ 6.3 $ 3.4 $ 2.9 $ — $ — Short-term investment collective trust (2) 37.4 — 37.4 — — Common and preferred stock: (3) Domestic common and preferred stock 167.8 167.8 — — — International common stock 57.8 57.8 — — — Collective trust funds (2) 710.6 — — — 710.6 Corporate bonds (4) 135.9 — 135.9 — — Mortgage- and other asset-backed securities (5) 45.0 — 45.0 — — Mutual funds (6) 272.0 138.4 22.7 — 110.9 U.S. government securities (7) 359.0 — 359.0 — — Other securities (8) 47.0 — 12.1 — 34.9 Total $ 1,838.8 $ 367.4 $ 615.0 $ — $ 856.4 (1) The carrying value of these items approximates fair value. (2) These investments are valued based on the Net Asset Value (“NAV”) of the underlying investments and are provided by the fund issuers. There are no unfunded commitments or redemption restrictions for these funds. Funds meeting the practical expedient are included in the Assets Measured at NAV column. (3) The fair value of common stock is based on the exchange quoted market prices. When quoted prices are not available for identical stock, an industry valuation model is used which maximizes observable inputs. (4) The fair value of corporate bonds is generally based on yields currently available on comparable securities of the same or similar issuers with similar credit ratings and maturities. When quoted prices are not available for identical or similar bonds, the fair value is based upon an industry valuation model, which maximizes observable inputs. (5) The fair value of mortgage- and other asset-backed securities is generally based on yields currently available on comparable securities of the same or similar issuers with similar credit ratings and maturities. When quoted prices are not available for comparable securities, the fair value is based upon an industry valuation model which maximizes observable inputs. (6) These investments are open-ended mutual funds that are registered with the SEC which are valued using the NAV. The NAV of the mutual funds is a published price in an active market. The NAV is determined once a day after the closing of the exchange based upon the underlying assets in the fund, less the fund’s liabilities, expressed on a per-share (7) The fair value of U.S. government securities is based on quoted market prices when available. When quoted prices are not available, the fair value of U.S. government securities is based on yields currently available on comparable securities or on an industry valuation model which maximizes observable inputs. (8) Level 2 Other securities, which consist primarily of U.S. municipal bonds, foreign government bonds and foreign agency securities are valued based on yields currently available on comparable securities of issuers with similar credit ratings. Also included in Other securities is a commingled fund valued based on the NAV of the underlying investments and is provided by the issuer and exchange-traded derivatives that are valued based on quoted prices in an active market for identical derivatives, assets and liabilities. Funds meeting the practical expedient are included in the Assets Measured at NAV column. Exchange-traded derivatives are valued based on quoted prices in an active market for identical derivatives assets and liabilities. Non-exchange-traded The fair value of the Company’s pension plan assets as of February 23, 2019, excluding pending transactions of $79.5 million payable to an intermediary agent, by asset category are as follows (in millions): Fair Value Measurements Asset category Total Quoted Prices in (Level 1) Significant (Level 2) Significant (Level 3) Assets Cash and cash equivalents (1) $ 10.8 $ 1.6 $ 9.2 $ — $ — Short-term investment collective trust (2) 73.3 — 73.3 — — Common and preferred stock: (3) Domestic common and preferred stock 254.5 254.5 — — — International common stock 64.0 64.0 — — — Collective trust funds (2) 649.9 — — — 649.9 Corporate bonds (4) 126.0 — 126.0 — — Mortgage- and other asset-backed securities (5) 42.8 — 42.8 — — Mutual funds (6) 257.2 139.9 29.2 — 88.1 U.S. government securities (7) 362.5 — 362.5 — — Other securities (8) 85.5 — 51.6 — 33.9 Total $ 1,926.5 $ 460.0 $ 694.6 $ — $ 771.9 (1) The carrying value of these items approximates fair value. (2) These investments are valued based on the NAV of the underlying investments and are provided by the fund issuers. There are no unfunded commitments or redemption restrictions for these funds. Funds meeting the practical expedient are included in the Assets Measured at NAV column. (3) The fair value of common stock is based on the exchange quoted market prices. When quoted prices are not available for identical stock, an industry valuation model is used which maximizes observable inputs. (4) The fair value of corporate bonds is generally based on yields currently available on comparable securities of the same or similar issuers with similar credit ratings and maturities. When quoted prices are not available for identical or similar bonds, the fair value is based upon an industry valuation model, which maximizes observable inputs. (5) The fair value of mortgage- and other asset-backed securities is generally based on yields currently available on comparable securities of the same or similar issuers with similar credit ratings and maturities. When quoted prices are not available for comparable securities, the fair value is based upon an industry valuation model which maximizes observable inputs. (6) These investments are open-ended mutual funds that are registered with the SEC which are valued using the NAV. The NAV of the mutual funds is a published price in an active market. The NAV is determined once a day after the closing of the exchange based upon the underlying assets in the fund, less the fund’s liabilities, expressed on a per-share (7) The fair value of U.S. government securities is based on quoted market prices when available. When quoted prices are not available, the fair value of U.S. government securities is based on yields currently available on comparable securities or on an industry valuation model which maximizes observable inputs. (8) Level 2 Other securities, which consist primarily of U.S. municipal bonds, foreign government bonds and foreign agency securities are valued based on yields currently available on comparable securities of issuers with similar credit ratings. Also included in Other securities is a commingled fund valued based on the NAV of the underlying investments and is provided by the issuer and exchange-traded derivatives that are valued based on quoted prices in an active market for identical derivatives, assets and liabilities. Funds meeting the practical expedient are included in the Assets Measured at NAV column. Exchange-traded derivatives are valued based on quoted prices in an active market for identical derivatives assets and liabilities. Non-exchange-traded
Schedule of Expected Benefit Payments	The following benefit payments, which reflect expected future service as appropriate, are expected to be paid (in millions): Pension Benefits Other Benefits 2020 $ 238.6 $ 2.6 2021 190.9 2.4 2022 186.5 2.2 2023 193.0 1.9 2024 225.6 1.7 2025 – 2029 705.9 6.0
Schedule of Multiemployer Plans	The following tables contain information about the Company’s multiemployer plans. Certain plans have been aggregated in the Other funds line in the following table, as the contributions to each of these plans are not individually material. EIN - Pension Protection Act Company’s 5% of total FIP/RP status Pension fund 2019 2018 2018 2017 UFCW-Northern California Employers Joint Pension Trust Fund 946313554 - Red Red Yes Yes Implemented Western Conference of Teamsters Pension Plan 916145047 - Green Green No No No Southern California United Food & Commercial Workers Unions and Food Employers Joint Pension Plan (4) 951939092 - Red Red Yes Yes Implemented Food Employers Labor Relations Association and United Food and Commercial Workers Pension Fund 526128473 - Red Red Yes Yes Implemented Sound Retirement Trust (6) 916069306 - Red Green Yes Yes Implemented Bakery and Confectionery Union and Industry International Pension Fund 526118572 - Red Red Yes Yes Implemented UFCW Union and Participating Food Industry Employers Tri-State 236396097 - Red Red Yes Yes Implemented Rocky Mountain UFCW Unions & Employers Pension Plan 846045986 - Green Green Yes Yes No UFCW Local 152 Retail Meat Pension Fund (5) 236209656 - Red Red Yes Yes Implemented Desert States Employers & UFCW Unions Pension Plan 846277982 - Green Green Yes Yes No UFCW International Union - 516055922 - Green Green Yes Yes No Mid Atlantic Pension Fund 461000515 - Green Green Yes Yes No Retail Food Employers and UFCW Local 711 Pension Trust Fund 516031512 - Red Yellow Yes Yes Implemented Oregon Retail Employees Pension Trust 936074377 - Green Green Yes Yes No Intermountain Retail Store Employees Pension Trust (7) 916187192 - Red Red Yes Yes Implemented Contributions of (in millions) Surcharge Expiration date Total Most significant collective agreement(s)(3) Pension fund 2019 2018 2017 Count Expiration UFCW-Northern California Employers Joint Pension Trust Fund $ 103.8 $ 104.4 $ 110.2 No 10/13/2018 to 10/9/2021 71 50 10/13/2018 Western Conference of Teamsters Pension Plan 64.9 63.7 61.2 No 9/14/2019 to 10/7/2023 50 15 9/20/2020 Southern California United Food & Commercial Workers Unions and Food Employers Joint Pension Plan (4) 116.1 108.4 92.4 No 3/11/2018 to 3/6/2022 45 43 3/6/2022 Food Employers Labor Relations Association and United Food and Commercial Workers Pension Fund 18.8 20.4 20.4 No 10/26/2019 to 4/15/2020 21 16 10/26/2019 Sound Retirement Trust (6) 44.3 39.1 32.1 No 10/13/2018 to 3/18/2023 128 25 5/8/2022 Bakery and Confectionery Union and Industry International Pension Fund 18.5 17.4 16.6 No 9/3/2011 to 5/6/2023 103 34 9/6/2020 UFCW Union and Participating Food Industry Employers Tri-State 14.9 14.0 15.8 No 2/1/2020 to 1/31/2022 6 2 3/28/2020 Rocky Mountain UFCW Unions & Employers Pension Plan 12.3 10.8 10.8 No 11/23/2019 to 11/26/2022 85 27 2/19/2022 UFCW Local 152 Retail Meat Pension Fund (5) 10.9 10.8 11.0 No 5/2/2020 4 4 5/2/2020 Desert States Employers & UFCW Unions Pension Plan 8.9 9.1 9.3 No 10/24/2020 to 11/5/2022 16 13 10/24/2020 UFCW International Union—Industry Pension Fund (5) 9.5 13.1 12.4 No 8/3/2019 to 12/16/2023 28 6 5/1/2021 Mid Atlantic Pension Fund 7.4 6.6 6.8 No 10/26/2019 to 2/22/2020 19 16 10/26/2019 Retail Food Employers and UFCW Local 711 Pension Trust Fund 7.3 7.1 6.6 No 5/19/2018 to 12/13/2020 7 2 3/2/2019 Oregon Retail Employees Pension Trust 8.9 7.6 6.6 No 7/31/2021 to 11/12/2022 136 23 1/29/2022 Intermountain Retail Store Employees Pension Trust (7) 5.8 4.8 3.8 No 5/19/2013 to 12/10/2022 54 19 4/4/2020 Other funds 17.0 13.8 15.2 Total Company contributions to U.S. multiemployer pension plans $ 469.3 $ 451.1 $ 431.2 (1) PPA established three categories (or “zones”) of plans: (1) “Green Zone” for healthy; (2) “Yellow Zone” for endangered; and (3) “Red Zone” for critical. These categories are based upon the funding ratio of the plan assets to plan liabilities. In general, Green Zone plans have a funding ratio greater than 80%, Yellow Zone plans have a funding ratio between 65%—79%, and Red Zone plans have a funding ratio less than 65%. (2) Under the PPA, a surcharge may be imposed when employers make contributions under a collective bargaining agreement that is not in compliance with a rehabilitation plan. As of February 29, 2020, the collective bargaining agreements under which the Company was making contributions were in compliance with rehabilitation plans adopted by the applicable pension fund. (3) These columns represent the number of most significant collective bargaining agreements aggregated by common expiration dates for each of the Company’s pension funds listed above. (4) The information for this fund was obtained from the Form 5500 filed for the plan’s year-end (5) The information for this fund was obtained from the Form 5500 filed for the plan’s year-end (6) The information for this fund was obtained from the Form 5500 filed for the plan’s year-end (7) The information for this fund was obtained from the Form 5500 filed for the plan’s year-end

OTHER COMPREHENSIVE INCOME OR_2

OTHER COMPREHENSIVE INCOME OR LOSS (Tables)	12 Months Ended
	Feb. 29, 2020
Stockholders' Equity Note [Abstract]
Schedule of Changes in the Accumulated Other Comprehensive Income or Loss	Changes in the AOCI balance by component are shown below (in millions): Fiscal 2019 Total Interest Pension and Foreign Other Beginning AOCI balance $ 91.3 $ 3.4 $ 88.8 $ (1.4 ) $ 0.5 Cumulative effect of accounting change (1) 16.6 1.2 14.9 — 0.5 Other comprehensive (loss) income before reclassifications (356.2 ) (45.8 ) (315.2 ) 0.3 4.5 Amounts reclassified from Accumulated other comprehensive (loss) income 46.9 35.4 11.5 — — Tax benefit (expense) 82.9 5.8 78.3 — (1.2 ) Current-period other comprehensive (loss) income, net (209.8 ) (3.4 ) (210.5 ) 0.3 3.8 Ending AOCI balance $ (118.5 ) $ — $ (121.7 ) $ (1.1 ) $ 4.3 (1) Related to the adoption of ASU 2018-02, Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. Fiscal 2018 Total Interest Pension and Foreign Other Beginning AOCI balance $ 191.1 $ 18.9 $ 171.9 $ (1.1 ) $ 1.4 Other comprehensive loss before reclassifications (129.8 ) (18.6 ) (110.0 ) (0.3 ) (0.9 ) Amounts reclassified from Accumulated other comprehensive (loss) income (5.6 ) (2.3 ) (2.7 ) — (0.6 ) Tax benefit 35.6 5.4 29.6 — 0.6 Current-period other comprehensive loss, net (99.8 ) (15.5 ) (83.1 ) (0.3 ) (0.9 ) Ending AOCI balance $ 91.3 $ 3.4 $ 88.8 $ (1.4 ) $ 0.5

NET INCOME PER COMMON SHARE (Ta

NET INCOME PER COMMON SHARE (Tables)	12 Months Ended
	Feb. 29, 2020
Earnings Per Share [Abstract]
Schedule of Net income per common share	The components of basic and diluted net income per common share were as follows (in millions, except per share data): Fiscal 2019 Fiscal 2018 Fiscal 2017 Net Income $ 466.4 $ 131.1 $ 46.3 Weighted average common shares outstanding (1) 579.4 580.5 579.5 Dilutive effect of potential common shares (2) 0.9 0.2 — Weighted average common shares and potential dilutive common shares outstanding 580.3 580.7 579.5 Basic net income per common share $ 0.80 $ 0.23 $ 0.08 Diluted net income per common share 0.80 0.23 0.08 (1) Fiscal 2019 and fiscal 2018 include 1.3 1 (2) There were no potential common shares outstanding that were antidilutive for fiscal 2019 and fiscal 2018. For fiscal 2017, there were 2.6

QUARTERLY INFORMATION (unaudi_2

QUARTERLY INFORMATION (unaudited) (Tables)	12 Months Ended
	Feb. 29, 2020
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Data	The summarized quarterly financial data presented below reflects all adjustments, which in the opinion of management, are of a normal and recurring nature and are necessary for a fair statement of the results for the interim periods presented (in millions): Fiscal 2019 53 Last 13 Third 12 Second 12 First 16 Net sales and other revenue $ 62,455.1 $ 15,436.8 $ 14,103.2 $ 14,176.7 $ 18,738.4 Gross profit 17,594.2 4,418.0 3,995.1 3,941.5 5,239.6 Operating income 1,437.1 326.6 206.6 582.4 321.5 Income before income taxes 599.2 90.1 67.7 376.7 64.7 Income tax expense 132.8 22.3 12.9 81.9 15.7 Net income $ 466.4 $ 67.8 $ 54.8 $ 294.8 $ 49.0 Basic and diluted net income per common share $ 0.80 $ 0.12 $ 0.09 $ 0.51 $ 0.08 Fiscal 2018 52 Last 12 Third 12 Second 12 First 16 Net sales and other revenue $ 60,534.5 $ 14,016.6 $ 13,840.4 $ 14,024.1 $ 18,653.4 Gross profit 16,894.6 4,058.7 3,852.4 3,812.8 5,170.7 Operating income 787.3 288.4 174.4 131.4 193.1 Income (loss) before income taxes 52.2 137.0 (19.8 ) (44.3 ) (20.7 ) Income tax (benefit) expense (78.9 ) 1.4 (65.4 ) (11.9 ) (3.0 ) Net income (loss) $ 131.1 $ 135.6 $ 45.6 $ (32.4 ) $ (17.7 ) Basic and diluted net income (loss) per common share $ 0.23 $ 0.23 $ 0.08 $ (0.06 ) $ (0.03 )

DESCRIPTION OF BUSINESS, BASI_4

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Description of Business (Details)	Feb. 29, 2020storefacility
Property, Plant and Equipment [Line Items]
Number of retail food and drug stores | store	2,252
Fuel centers
Property, Plant and Equipment [Line Items]
Number of facilities	402
Distribution centers
Property, Plant and Equipment [Line Items]
Number of facilities	23
Manufacturing facilities
Property, Plant and Equipment [Line Items]
Number of facilities	20

DESCRIPTION OF BUSINESS, BASI_5

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Cash and Cash Equivalents (Details) - USD ($) $ in Millions	Feb. 29, 2020	Feb. 23, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents related to credit and debit card	$ 501.8	$ 364.5
Restricted cash	$ 8.2	$ 41.6

DESCRIPTION OF BUSINESS, BASI_6

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Inventories (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 23, 2019	Feb. 24, 2018	Feb. 25, 2017	Feb. 29, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Percentage of LIFO inventory	85.90%			85.60%
Inventory, LIFO reserve	$ 125.1			$ 143.5
Decrease in cost of sales	$ 12.9	$ 18.1	$ 16.7

DESCRIPTION OF BUSINESS, BASI_7

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Property and Equipment, Intangible Assets and Goodwill (Details)	12 Months Ended
	Feb. 29, 2020
Minimum
Property, Plant and Equipment [Line Items]
Estimated economic life (in years)	3 years
Maximum
Property, Plant and Equipment [Line Items]
Estimated economic life (in years)	40 years
Buildings | Minimum
Property, Plant and Equipment [Line Items]
Useful life of property and equipment	7 years
Buildings | Maximum
Property, Plant and Equipment [Line Items]
Useful life of property and equipment	40 years
Leasehold improvements | Minimum
Property, Plant and Equipment [Line Items]
Useful life of property and equipment	10 years
Leasehold improvements | Maximum
Property, Plant and Equipment [Line Items]
Useful life of property and equipment	20 years
Fixtures and equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful life of property and equipment	3 years
Fixtures and equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful life of property and equipment	20 years
Equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful life of property and equipment	6 years
Equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful life of property and equipment	25 years

DESCRIPTION OF BUSINESS, BASI_8

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Leases (Details)	Feb. 29, 2020
Minimum
Lessee, Lease, Description [Line Items]
Operating lease period	15 years
Maximum
Lessee, Lease, Description [Line Items]
Operating lease period	20 years

DESCRIPTION OF BUSINESS, BASI_9

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Goodwill (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Sep. 09, 2017	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Goodwill impairment	$ 142.3			$ 142.3

DESCRIPTION OF BUSINESS, BAS_10

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Investment in Unconsolidated Affiliates (Details) $ / shares in Units, $ in Millions, $ in Billions	Nov. 16, 2017USD ($)	Feb. 23, 2019USD ($)$ / shares	Dec. 02, 2017USD ($)	Feb. 29, 2020USD ($)	Feb. 24, 2018USD ($)	Feb. 24, 2018MXN ($)
Schedule of Equity Method Investments [Line Items]
Payment of Casa Ley contingent value right					$ 222
Casa Ley | Contingent consideration
Schedule of Equity Method Investments [Line Items]
Payment of Casa Ley contingent value right		$ 222
Distribution made in cash per Casa Ley CVR (in dollars per share) | $ / shares		$ 0.934
Held-for-sale | Casa Ley
Schedule of Equity Method Investments [Line Items]
Amount of consideration to be received or receivable in asset disposal					$ 348.4	$ 6.5
Loss on disposal of equity method investment			$ 25
El Rancho Supermercado
Schedule of Equity Method Investments [Line Items]
Payment to acquire businesses	$ 100
Total purchase consideration	$ 70
Amount of equity interest issued or issuable in a business combination				$ 30
Percentage of equity interest acquired	45.00%
Remaining equity interest under contractual right to purchase, percent	55.00%

DESCRIPTION OF BUSINESS, BAS_11

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Company-Owned Life Insurance and Self-Insurance Liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019
Schedule of Self Insurance Liability [Line Items]
Cash surrender value of life insurance	$ 149.2	$ 158.8
Balance of company-owned life insurance	87.8	94.4
Minimum
Schedule of Self Insurance Liability [Line Items]
Stop-loss threshold amount for self-insurance	0.5
Maximum
Schedule of Self Insurance Liability [Line Items]
Stop-loss threshold amount for self-insurance	5
Receivables, Net, Current
Schedule of Self Insurance Liability [Line Items]
Reinsurance receivables	22.5	20.3
Other Assets
Schedule of Self Insurance Liability [Line Items]
Reinsurance receivables	$ 43.9	$ 41.1

DESCRIPTION OF BUSINESS, BAS_12

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Self-Insurance Liabilities (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019
Movement in Present Value of Future Insurance Profits [Roll Forward]
Beginning balance	$ 1,146.3	$ 1,217.7
Expense	323.4	323.5
Claim payments	(295.6)	(279.3)
Other reductions	(26.7)	(115.6)
Ending balance	1,147.4	1,146.3
Less current portion	(308.9)	(306.8)
Long-term portion	$ 838.5	$ 839.5

DESCRIPTION OF BUSINESS, BAS_13

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Revenue Recognition and Costs of Sales and Vendor Allowances (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 23, 2019	Feb. 24, 2018	Feb. 25, 2017	Feb. 29, 2020
Deferred Revenue Arrangement [Line Items]
Receivables, net	$ 586.2			$ 525.3
Contract liability	55.9			52.2
Reduction of inventory for Vendor Allowance	74.8			72
Advertising costs	405.6	$ 422.3	$ 497.5
Cooperative advertising allowances	91.9	$ 101.3	$ 81.1
Pharmacy
Deferred Revenue Arrangement [Line Items]
Receivables, net	$ 252.2			$ 218.5

DESCRIPTION OF BUSINESS, BAS_14

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Sales Revenue by Similar Products (Details) - USD ($) $ in Millions	3 Months Ended						4 Months Ended		12 Months Ended
	Feb. 29, 2020	Nov. 30, 2019	Sep. 07, 2019	Feb. 23, 2019	Dec. 01, 2018	Sep. 08, 2018	Jun. 15, 2019	Jun. 16, 2018	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Concentration Risk [Line Items]
Net sales and other revenue	$ 15,436.8	$ 14,103.2	$ 14,176.7	$ 14,016.6	$ 13,840.4	$ 14,024.1	$ 18,738.4	$ 18,653.4	$ 62,455.1	$ 60,534.5	$ 59,924.6
Sales Revenue, Product Line | Product Concentration Risk
Concentration Risk [Line Items]
Percentage of total net sales and other revenue									100.00%	100.00%	100.00%
Non-perishables
Concentration Risk [Line Items]
Net sales and other revenue									$ 27,165.3	$ 26,371.8	$ 26,522
Non-perishables | Sales Revenue, Product Line | Product Concentration Risk
Concentration Risk [Line Items]
Percentage of total net sales and other revenue									43.50%	43.60%	44.30%
Perishables
Concentration Risk [Line Items]
Net sales and other revenue									$ 25,681.8	$ 24,920.9	$ 24,583.7
Perishables | Sales Revenue, Product Line | Product Concentration Risk
Concentration Risk [Line Items]
Percentage of total net sales and other revenue									41.10%	41.20%	41.00%
Pharmacy
Concentration Risk [Line Items]
Net sales and other revenue									$ 5,236.8	$ 4,986.6	$ 5,002.6
Pharmacy | Sales Revenue, Product Line | Product Concentration Risk
Concentration Risk [Line Items]
Percentage of total net sales and other revenue									8.40%	8.20%	8.30%
Fuel
Concentration Risk [Line Items]
Net sales and other revenue									$ 3,430.4	$ 3,455.9	$ 3,104.6
Fuel | Sales Revenue, Product Line | Product Concentration Risk
Concentration Risk [Line Items]
Percentage of total net sales and other revenue									5.50%	5.70%	5.20%
Other
Concentration Risk [Line Items]
Net sales and other revenue									$ 940.8	$ 799.3	$ 711.7
Other | Sales Revenue, Product Line | Product Concentration Risk
Concentration Risk [Line Items]
Percentage of total net sales and other revenue									1.50%	1.30%	1.20%

DESCRIPTION OF BUSINESS, BAS_15

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Segments (Details)	12 Months Ended
	Feb. 29, 2020DivisionStore_formatSegment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of divisions | Division	13
Number of reportable segments | Segment	1
Number of store format | Store_format	1

DESCRIPTION OF BUSINESS, BAS_16

DESCRIPTION OF BUSINESS, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Recently Issues Accounting Standards (Details) - USD ($) $ in Millions	Feb. 29, 2020	Jun. 15, 2019	Feb. 24, 2019
Sale Leaseback Transaction [Line Items]
Right-of-use asset			$ 5,300
Lease liability			5,400
Adoption of new accounting standards, net of tax	$ 574.6
Accounting Standards Update 2016-02
Sale Leaseback Transaction [Line Items]
Cumulative effect adjustment			776
Adoption of new accounting standards, net of tax			574.6
Accounting Standards Update 2016-02, Deferred Gains On Sale-Leaseback
Sale Leaseback Transaction [Line Items]
Cumulative effect adjustment			865.8
Accounting Standards Update 2016-02, Impairment Loss
Sale Leaseback Transaction [Line Items]
Cumulative effect adjustment			(87.3)
Accounting Standards Update 2016-02, Assets
Sale Leaseback Transaction [Line Items]
Cumulative effect adjustment			(17.2)
Accounting Standards Update 2016-02, Liabilities
Sale Leaseback Transaction [Line Items]
Cumulative effect adjustment			(14.7)
Accounting Standards Update 2018-02
Sale Leaseback Transaction [Line Items]
Adoption of new accounting standards, net of tax		$ 16.6	$ 16.6

ACQUISITIONS - Fiscal 2017 Acqu

ACQUISITIONS - Fiscal 2017 Acquisitions (Details) - USD ($) $ in Millions	Sep. 20, 2017	May 31, 2017	Feb. 29, 2020	Feb. 24, 2018	Feb. 23, 2019
Business Acquisition [Line Items]
Net cash paid for acquisitions				$ 148.8
Goodwill			$ 1,183.3		$ 1,183.3
Plated
Business Acquisition [Line Items]
Total purchase consideration	$ 219.5
Net cash paid for acquisitions	117.3
Intangible assets	67.1
Goodwill	146.2
Acquisition related costs	6.3
Deferred consideration			$ 25
Plated | Deferred consideration | Fair value
Business Acquisition [Line Items]
Deferred consideration to be paid over three years	42.1
Plated | Earn-out | Fair value
Business Acquisition [Line Items]
Deferred consideration to be paid over three years	$ 60.1
MedCart
Business Acquisition [Line Items]
Total purchase consideration		$ 34.5
Goodwill expected to be deductible for tax purposes		$ 11.6

PROPERTY AND EQUIPMENT - Schedu

PROPERTY AND EQUIPMENT - Schedule of Property and Equipment (Details) - USD ($) $ in Millions	Feb. 29, 2020	Feb. 23, 2019
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 15,900	$ 15,574.5
Accumulated depreciation and amortization	(6,688.1)	(5,713.2)
Total property and equipment, net	9,211.9	9,861.3
Land
Property, Plant and Equipment [Line Items]
Total property and equipment	2,119.2	2,382.7
Buildings
Property, Plant and Equipment [Line Items]
Total property and equipment	4,720	4,968.4
Property under construction
Property, Plant and Equipment [Line Items]
Total property and equipment	669.3	652.2
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total property and equipment	1,706.6	1,468.3
Fixtures and equipment
Property, Plant and Equipment [Line Items]
Total property and equipment	5,802.4	5,132.1
Property and equipment under finance leases
Property, Plant and Equipment [Line Items]
Total property and equipment	$ 882.5	$ 970.8

PROPERTY AND EQUIPMENT - Narrat

PROPERTY AND EQUIPMENT - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 1,244.7	$ 1,257.7	$ 1,330.5
Amortization expense	90.2	101.4	120.2
Asset impairment charges	$ 21.8	$ 31	$ 78.8

INTANGIBLE ASSETS - Narrative (

INTANGIBLE ASSETS - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018	Feb. 25, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets		$ 355.8	$ 379.7	$ 447.4
Impairment of intangible assets	$ 34.1	$ 5.3	22.1
Loss related to information technology with the development of a new digital platform			$ 12.8

INTANGIBLE ASSETS - Schedule of

INTANGIBLE ASSETS - Schedule of Intangible Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 4,215.9	$ 5,029.3
Accumulated amortization	(2,214.8)	(2,280.9)
Net	2,001.1	2,748.4
Liquor licenses and restricted covenants	86.1	86.1
Total intangible assets, gross	4,302	5,115.4
Total intangible assets, net	$ 2,087.2	2,834.5
Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (Years)	40 years
Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (Years)	3 years
Trade names
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (Years)	40 years
Gross carrying amount	$ 1,912.1	1,959.1
Accumulated amortization	(264.6)	(231.7)
Net	$ 1,647.5	1,727.4
Beneficial lease rights
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (Years)	12 years
Gross carrying amount	$ 0	892
Accumulated amortization	0	(410.6)
Net	$ 0	481.4
Customer prescription files
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (Years)	5 years
Gross carrying amount	$ 1,472.1	1,483.4
Accumulated amortization	(1,440.9)	(1,276.1)
Net	$ 31.2	207.3
Internally developed software
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (Years)	3 years
Gross carrying amount	$ 780	672.4
Accumulated amortization	(465.2)	(348.1)
Net	314.8	324.3
Other intangible assets
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	51.7	22.4
Accumulated amortization	(44.1)	(14.4)
Net	$ 7.6	$ 8
Other intangible assets | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (Years)	6 years
Other intangible assets | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (Years)	3 years

INTANGIBLE ASSETS - Schedule Fu

INTANGIBLE ASSETS - Schedule Future Amortization Expense (Details) - USD ($) $ in Millions	Feb. 29, 2020	Feb. 23, 2019
Amortization Expected
2020	$ 159.4
2021	137.8
2022	120
2023	85.8
2024	59.7
Thereafter	1,438.4
Net	$ 2,001.1	$ 2,748.4

FAIR VALUE MEASUREMENTS - Sched

FAIR VALUE MEASUREMENTS - Schedule of Assets and Liabilities Measured at Fair Value (Details) - Recurring - USD ($) $ in Millions	Feb. 29, 2020	Feb. 23, 2019
Cash equivalents:
Short-term investments	$ 13.5	$ 23.1
Non-current investments	85.9	84.2
Total	101.4	596.3
Liabilities:
Derivative contracts	66.4	21.1
Total	66.4	21.1
Quoted Prices in Active Markets for Identical Assets (Level 1)
Cash equivalents:
Short-term investments	5	21
Non-current investments	26.8	30.5
Total	33.8	540.5
Liabilities:
Derivative contracts	0	0
Total	0	0
Significant Observable Inputs (Level 2)
Cash equivalents:
Short-term investments	8.5	2.1
Non-current investments	59.1	53.7
Total	67.6	55.8
Liabilities:
Derivative contracts	66.4	21.1
Total	66.4	21.1
Significant Unobservable Inputs (Level 3)
Cash equivalents:
Short-term investments	0	0
Non-current investments	0	0
Total	0	0
Liabilities:
Derivative contracts	0	0
Total	0	0
Money market
Cash equivalents:
Money Market	2	489
Money market | Quoted Prices in Active Markets for Identical Assets (Level 1)
Cash equivalents:
Money Market	2	489
Money market | Significant Observable Inputs (Level 2)
Cash equivalents:
Money Market	0	0
Money market | Significant Unobservable Inputs (Level 3)
Cash equivalents:
Money Market	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Narra

FAIR VALUE MEASUREMENTS - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Sep. 09, 2017	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018	Feb. 25, 2017
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill impairment	$ 142.3			$ 142.3
Asset impairment charges, excluding goodwill impairment			77.4	$ 36.3	$ 100.9
Fair value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt amount		8,486.2	9,801.2
Carrying value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total debt amount		$ 8,162.2	$ 10,086.3

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details) - USD ($) $ in Millions	Feb. 05, 2020	Feb. 29, 2020	Feb. 23, 2019
Derivative [Line Items]
Loss on cash flow hedges	$ 37.1
Interest rate swaps
Derivative [Line Items]
Notional amount		$ 2,023	$ 2,123.2
Interest rate swaps | Derivatives designated as hedging instruments | Cash flow hedging
Derivative [Line Items]
Notional amount		$ 0	$ 2,065.2

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Cash Flow Hedges (Details) - Interest rate swaps - Cash flow hedging - USD ($) $ in Millions	12 Months Ended
	Feb. 23, 2019	Feb. 24, 2018	Feb. 25, 2017
Swaps designated as hedging instruments
Derivative Instruments, Gain (Loss) [Line Items]
Other comprehensive income (loss), net of tax	$ (3.4)	$ (15.5)	$ 47
Swaps not designated as hedging instruments
Derivative Instruments, Gain (Loss) [Line Items]
Other comprehensive income (loss), net of tax	$ (47.9)	$ 0	$ 0.6

LONG-TERM DEBT AND FINANCE LE_3

LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS - Schedule of Long-term Debt (Details) - USD ($) $ in Millions	Feb. 29, 2020	Nov. 22, 2019	Aug. 15, 2019	Feb. 23, 2019	Feb. 05, 2019	Aug. 09, 2016	May 31, 2016
Debt Instrument [Line Items]
Unamortized debt discounts	$ 41.3			$ 197
Deferred financing costs	72.9			65.2
Long-term debt	8,162.2
Finance lease obligations (see Note 8)	666.7
Finance lease obligations (see Note 8)				762.3
Total debt	8,714.7			10,586.4
Less current maturities	(221.4)			(148.8)
Long-term portion	8,493.3			10,437.6
Secured debt | Albertsons Term Loans, interest range of 4.45% to 5.69%
Debt Instrument [Line Items]
Unamortized debt discounts			$ 15.5
Long-term debt	$ 0			4,610.7
Secured debt | Minimum | Albertsons Term Loans, interest range of 4.45% to 5.69%
Debt Instrument [Line Items]
Stated interest rate	4.45%
Secured debt | Maximum | Albertsons Term Loans, interest range of 4.45% to 5.69%
Debt Instrument [Line Items]
Stated interest rate	5.69%
Senior notes | Senior Unsecured Notes due 2023, 2024, 2025, 2026, 2027, 2028 and 2030 interest rate of 3.50%, 6.625%, 5.750%, 7.5%, 4.625%, 5.875% and 4.875%, respectively
Debt Instrument [Line Items]
Long-term debt	$ 6,884.5			3,071.6
Senior notes | Senior Unsecured Notes, Maturity 2023
Debt Instrument [Line Items]
Stated interest rate	3.50%
Senior notes | Senior Unsecured Notes, Maturity 2024
Debt Instrument [Line Items]
Stated interest rate	6.625%						6.625%
Senior notes | Senior Unsecured Notes, Maturity 2025
Debt Instrument [Line Items]
Stated interest rate	5.75%					5.75%
Senior notes | Senior Unsecured Notes, Maturity 2026
Debt Instrument [Line Items]
Stated interest rate	7.50%				7.50%
Senior notes | Senior Unsecured Notes, Maturity 2027
Debt Instrument [Line Items]
Stated interest rate	4.625%	4.625%
Senior notes | Senior Unsecured Notes, Maturity 2028
Debt Instrument [Line Items]
Stated interest rate	5.875%		5.875%
Senior notes | Senior Unsecured Notes, Maturity 2030
Debt Instrument [Line Items]
Stated interest rate	4.875%
Notes payable | Safeway Inc. Notes due 2020 to 2031, interest rate range of 3.95% to 7.45%
Debt Instrument [Line Items]
Long-term debt	$ 642.1			675.3
Notes payable | New Albertson's L.P. Notes due 2026 to 2031, interest rate range of 6.52% to 8.70%
Debt Instrument [Line Items]
Long-term debt	$ 466			1,322.3
Notes payable | Minimum | Safeway Inc. Notes due 2020 to 2031, interest rate range of 3.95% to 7.45%
Debt Instrument [Line Items]
Stated interest rate	3.95%
Notes payable | Minimum | New Albertson's L.P. Notes due 2026 to 2031, interest rate range of 6.52% to 8.70%
Debt Instrument [Line Items]
Stated interest rate	6.52%
Notes payable | Maximum | Safeway Inc. Notes due 2020 to 2031, interest rate range of 3.95% to 7.45%
Debt Instrument [Line Items]
Stated interest rate	7.45%
Notes payable | Maximum | New Albertson's L.P. Notes due 2026 to 2031, interest rate range of 6.52% to 8.70%
Debt Instrument [Line Items]
Stated interest rate	8.70%
Other notes payable | Other notes payable, unsecured
Debt Instrument [Line Items]
Long-term debt	$ 37.2			125.4
Mortgage notes payable | Mortgage notes payable, secured
Debt Instrument [Line Items]
Long-term debt	$ 18.2			$ 18.8

LONG-TERM DEBT AND FINANCE LE_4

LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS - Schedule of Future Maturities of Long-term Debt (Details) $ in Millions	Feb. 29, 2020USD ($)
Debt Disclosure [Abstract]
2020	$ 138
2021	131.2
2022	751.1
2023	1.2
2024	1,267.2
Thereafter	5,873.5
Total	$ 8,162.2

LONG-TERM DEBT AND FINANCE LE_5

LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS - Albertsons Term Loans (Details)	Mar. 12, 2020	Feb. 05, 2020USD ($)	Nov. 22, 2019USD ($)	Aug. 15, 2019USD ($)	Nov. 16, 2018USD ($)	Jun. 27, 2017USD ($)tranche	Jun. 16, 2017USD ($)	Feb. 25, 2017USD ($)	Feb. 29, 2020USD ($)	Feb. 23, 2019USD ($)
Debt Instrument [Line Items]
Debt covenant - maximum cumulative distributions limit as a percentage of total assets									4.00%
Book value of debt									$ 8,714,700,000	$ 10,586,400,000
Unamortized debt discounts									41,300,000	$ 197,000,000
Maximum
Debt Instrument [Line Items]
Debt covenant - maximum cumulative distributions limit									1,000,000,000
Secured debt | Term Loans
Debt Instrument [Line Items]
Face amount of debt instrument								$ 6,013,900,000
Amount of debt extinguished							$ 250,000,000
Amount of deferred financing costs and original issue discounts write off							$ 7,600,000
Write off of deferred financing costs on previous loans						$ 17,800,000
Secured debt | 2016-2 Term B-4 Loan
Debt Instrument [Line Items]
Face amount of debt instrument								3,271,800,000
Secured debt | 2016-2 Term B-5 Loan
Debt Instrument [Line Items]
Face amount of debt instrument								$ 1,142,100,000
Secured debt | 2016-2 Term B-5 Loan | LIBOR
Debt Instrument [Line Items]
Floor percentage on variable rate								0.75%
Basis spread on variable rate								3.25%
Secured debt | 2016-1 Term B-6 Loan
Debt Instrument [Line Items]
Face amount of debt instrument								$ 1,600,000,000
Secured debt | 2016-1 Term B-6 Loan | LIBOR
Debt Instrument [Line Items]
Floor percentage on variable rate								0.75%
Basis spread on variable rate								3.25%
Secured debt | June 2017 Term Loans
Debt Instrument [Line Items]
Number of term loan tranches in debt instrument amendment | tranche						3
Interest expense						$ 3,900,000
Secured debt | New Term B-4 Loan Due 2021
Debt Instrument [Line Items]
Face amount of debt instrument						$ 3,013,600,000
Floor percentage on variable rate						0.75%
Basis spread on variable rate						2.75%
Amount of debt extinguished				$ 1,570,600,000	$ 976,000,000
Write off of deferred financing costs on previous loans					12,900,000
Book value of debt					2,976,000,000
Repayment of debt with cash on hand				864,000,000	610,000,000
Write off of debt discounts					8,600,000
Secured debt | New Term B-4 Loan Due 2021 | LIBOR
Debt Instrument [Line Items]
Floor percentage on variable rate								0.75%
Basis spread on variable rate								3.00%
Secured debt | New Term B-5 Loan Due 2022
Debt Instrument [Line Items]
Face amount of debt instrument						$ 1,139,300,000
Floor percentage on variable rate						0.75%
Basis spread on variable rate						3.00%
Secured debt | New Term B-6 Loan Due 2023
Debt Instrument [Line Items]
Face amount of debt instrument						$ 1,596,000,000
Floor percentage on variable rate						0.75%
Basis spread on variable rate						3.00%
Secured debt | 2018 Term B-7 Loan, Maturity 2025
Debt Instrument [Line Items]
Face amount of debt instrument				3,100,000,000	2,000,000,000
Financing costs expensed					4,100,000
Capitalized financing costs					3,600,000
Unamortized debt discounts					$ 15,000,000
Annual principal payment percentage					1.00%
Secured debt | 2018 Term B-7 Loan, Maturity 2025 | LIBOR
Debt Instrument [Line Items]
Floor percentage on variable rate					0.75%
Basis spread on variable rate					3.00%
Secured debt | 2018 Term B-7 Loan, Maturity 2025 | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate					2.00%
Secured debt | Term Loan [Member]
Debt Instrument [Line Items]
Amount of debt extinguished		$ 2,349,800,000	$ 742,500,000
Write off of deferred financing costs on previous loans		15,200,000	5,100,000
Write off of debt discounts		$ 29,900,000	$ 14,300,000
Secured debt | Albertsons Term Loans, interest range of 4.45% to 5.69%
Debt Instrument [Line Items]
Write off of deferred financing costs on previous loans				15,500,000
Financing costs expensed				4,200,000
Capitalized financing costs				4,400,000
Unamortized debt discounts				15,500,000
Write off of debt discounts				$ 13,300,000
Annual principal payment percentage				1.00%
Secured debt | Albertsons Term Loans, interest range of 4.45% to 5.69% | LIBOR
Debt Instrument [Line Items]
Floor percentage on variable rate				0.75%
Basis spread on variable rate				2.75%
Secured debt | Albertsons Term Loans, interest range of 4.45% to 5.69% | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate				1.75%
Secured debt | Term Loan, Maturity 2025
Debt Instrument [Line Items]
Face amount of debt instrument									1,500,000,000
Secured debt | Term Loan, Maturity 2026
Debt Instrument [Line Items]
Face amount of debt instrument									$ 1,600,000,000
Line of credit | Asset-Based Loan Facility
Debt Instrument [Line Items]
Basis spread on variable rate	2.00%
Proceeds from lines of credit					$ 410,000,000
Capitalized financing costs					$ 13,500,000
Line of credit | Asset-Based Loan Facility | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate					1.75%

LONG-TERM DEBT AND FINANCE LE_6

LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS - Asset-Based Loan Facilities (Details) $ in Millions	Mar. 12, 2020USD ($)	Dec. 02, 2018USD ($)	Nov. 16, 2018USD ($)	Dec. 21, 2015USD ($)	Feb. 29, 2020USD ($)	Feb. 23, 2019USD ($)
Debt Instrument [Line Items]
Outstanding balance on letters of credit					$ 90.3	$ 143
Line of credit | Asset-Based Loan Facility
Debt Instrument [Line Items]
Maximum borrowing capacity			$ 4,000
Basis spread on variable rate	2.00%
Capitalized financing costs			$ 13.5
Repayments of lines of credit		$ 610
Amount of outstanding borrowings	$ 2				0
Covenant triggering threshold, percentage of aggregate commitments				10.00%
Covenant triggering threshold, excess availability amount				$ 250
Debt covenant, fixed charge coverage ratio				1
Line of credit | Asset-Based Loan Facility | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate			1.25%
Line of credit | Asset-Based Loan Facility | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate			1.75%
Line of credit | LOC Sub-facility
Debt Instrument [Line Items]
Maximum borrowing capacity			$ 1,975
Letter of credit | LOC Sub-facility
Debt Instrument [Line Items]
Outstanding balance on letters of credit	$ 454.5				$ 454.5	$ 520.8

LONG-TERM DEBT AND FINANCE LE_7

LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS - Senior Unsecured, Secured Notes and NALP Notes (Details) - USD ($) $ in Millions	May 24, 2019	Feb. 06, 2019	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018	Feb. 05, 2020	Nov. 22, 2019	Aug. 15, 2019	Feb. 05, 2019	Aug. 09, 2016	May 31, 2016
Debt Instrument [Line Items]
Book value of debt			$ 8,714.7	$ 10,586.4
ABL Facility, senior secured and unsecured notes, term loans and debentures			565.3	698.3	$ 701.5
Gain (loss) on debt extinguishment			$ (111.4)	$ (8.7)	4.7
Senior notes | Senior Unsecured Notes, Maturity 2024
Debt Instrument [Line Items]
Face amount of debt instrument											$ 1,250
Stated interest rate			6.625%								6.625%
Senior notes | Senior Unsecured Notes, Maturity 2025
Debt Instrument [Line Items]
Face amount of debt instrument										$ 1,250
Stated interest rate			5.75%							5.75%
Senior notes | Senior Unsecured Notes, Maturity 2026
Debt Instrument [Line Items]
Face amount of debt instrument									$ 600
Stated interest rate			7.50%						7.50%
Repurchase amount of debt		$ 268.6
ABL Facility, senior secured and unsecured notes, term loans and debentures		6.4
Gain (loss) on debt extinguishment		3.1
Make-whole premium in debt extinguishment		$ 3.1
Senior notes | Senior Unsecured Notes, Maturity 2027
Debt Instrument [Line Items]
Face amount of debt instrument							$ 750
Stated interest rate			4.625%				4.625%
Senior notes | Senior Unsecured Notes, Maturity 2028
Debt Instrument [Line Items]
Face amount of debt instrument								$ 750
Stated interest rate			5.875%					5.875%
Senior notes | Senior Notes, Maturity 2023
Debt Instrument [Line Items]
Face amount of debt instrument						$ 750
Stated interest rate						3.50%
Senior notes | Senior Notes, Maturity 2027
Debt Instrument [Line Items]
Face amount of debt instrument						$ 600
Senior notes | Senior Notes, Maturity 2030
Debt Instrument [Line Items]
Face amount of debt instrument						$ 1,000
Stated interest rate						4.875%
Senior notes | Safeway Inc. 5.00% Senior Notes due 2019
Debt Instrument [Line Items]
Stated interest rate				5.00%
Senior notes | Safeway Inc. 7.45% Senior Debentures due 2027
Debt Instrument [Line Items]
Stated interest rate				7.45%
Notes payable | Safeway Inc. 7.25% Debentures due 2031
Debt Instrument [Line Items]
Stated interest rate				7.25%
Notes payable | Safeway Notes Repurchase
Debt Instrument [Line Items]
Par value of note repurchased	$ 34.1
Book value of debt	33.3			$ 322.4
Repurchase amount of debt	32.6			333.7
ABL Facility, senior secured and unsecured notes, term loans and debentures	0.7			7.7
Gain (loss) on debt extinguishment	$ 0.5			11.3
Notes payable | NALP Notes Repurchase 2017
Debt Instrument [Line Items]
Par value of note repurchased					160
Book value of debt					140.2
Repurchase amount of debt					135.5
ABL Facility, senior secured and unsecured notes, term loans and debentures					3.7
Gain (loss) on debt extinguishment					$ 4.7
Notes payable | NALP Notes Repurchase 2018
Debt Instrument [Line Items]
Par value of note repurchased				108.4
Book value of debt				96.4
Repurchase amount of debt				90.7
ABL Facility, senior secured and unsecured notes, term loans and debentures				1.2
Gain (loss) on debt extinguishment				$ 5.7
Notes payable | NALP Notes Tender
Debt Instrument [Line Items]
Par value of note repurchased			$ 402.9
Book value of debt			363.7
Repurchase amount of debt			382.7
ABL Facility, senior secured and unsecured notes, term loans and debentures			8.2
Gain (loss) on debt extinguishment			19.1
Notes payable | NALP Notes Repurchase 2019
Debt Instrument [Line Items]
Par value of note repurchased			553.9
Book value of debt			502
Repurchase amount of debt			547.5
ABL Facility, senior secured and unsecured notes, term loans and debentures			11.3
Gain (loss) on debt extinguishment			$ 46.2
Secured debt | Term Loan [Member]
Debt Instrument [Line Items]
Repurchase amount of debt						$ 18

LONG-TERM DEBT AND FINANCE LE_8

LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS - Merger Related Financing (Details) - Float Rate Notes - USD ($)	Aug. 08, 2018	Jun. 25, 2018
Debt Instrument [Line Items]
Face amount of debt instrument		$ 750,000,000
Debt issuance price, percentage	99.50%	99.50%

LONG-TERM DEBT AND FINANCE LE_9

LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS - Deferred Financing Costs and Interest Expense, Net (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Debt Instrument [Line Items]
Amortization and write-off of deferred financing costs	$ 39.8	$ 42.7	$ 56.1
Line of credit | Asset-Based Loan Facility
Debt Instrument [Line Items]
Deferred financing costs	35.4	45.1
Secured debt | Term Loans
Debt Instrument [Line Items]
Amortization and write-off of deferred financing costs	$ 20.6	$ 12.9	$ 22.2

LONG-TERM DEBT AND FINANCE L_10

LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS - Schedule of Interest Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Debt Disclosure [Abstract]
ABL Facility, senior secured and unsecured notes, term loans and debentures	$ 565.3	$ 698.3	$ 701.5
Finance lease obligations	79.8	81.8	96.3
Deferred financing costs	39.8	42.7	56.1
Debt discounts	34.1	20.3	16
Other interest (income) expense	(21)	(12.3)	4.9
Interest expense, net	$ 698	$ 830.8	$ 874.8

LEASES - Components of Lease E

LEASES - Components of Lease Expense (Details) $ in Millions	12 Months Ended
	Feb. 29, 2020USD ($)
Leases [Abstract]
Operating lease cost	$ 1,011.6
Finance lease cost
Amortization of lease assets	90.4
Interest on lease liabilities	79.8
Variable lease cost	402.9
Sublease income	(111.8)
Total lease cost, net	$ 1,472.9

LEASES - Balance Sheet Informa

LEASES - Balance Sheet Information (Details) $ in Millions	Feb. 29, 2020USD ($)
Assets
Operating lease right-of-use assets	$ 5,867.4
Property and equipment, net	430.7
Total lease assets	6,298.1
Current
Current operating lease obligations	563.1
Current maturities of long-term debt and finance lease obligations	83.4
Long-term
Long-term operating lease obligations	5,402.8
Long-term obligations	583.3
Total lease liabilities	$ 6,632.6

LEASES - Supplemental Cash Flo

LEASES - Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Nov. 30, 2019	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Leases [Abstract]
Gains on sale leaseback transactions, net	$ 463.6	$ 487.1	$ 362.5	$ 360.1
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases		995.8
Operating cash flows from finance leases		79.8
Financing cash flows from finance leases		109.3
ROU assets obtained in exchange for operating lease obligations		1,195.2
ROU assets obtained in exchange for finance lease obligations		0
Impairment of ROU operating lease assets		15.4
Impairment of ROU finance lease assets		$ 6.1
Weighted average remaining lease term - operating leases (in years)		12 years 1 month 6 days
Weighted average remaining lease term - finance leases (in years)		9 years
Weighted average discount rate - operating leases		7.00%
Weighted average discount rate - finance leases		13.70%

LEASES - Future Minimum Lease

LEASES - Future Minimum Lease Payments to be Made (Details) - USD ($) $ in Millions	Feb. 29, 2020	Feb. 23, 2019
Operating Leases
2020	$ 891.8
2021	926.8
2022	868.2
2023	797.8
2024	706.6
Thereafter	4,968.2
Total future minimum obligations	9,159.4
Less interest	(3,193.5)
Present value of net future minimum lease obligations	5,965.9
Less current portion	(563.1)
Long-term obligations	5,402.8
Finance Leases
2020	136.2
2021	136.7
2022	125.4
2023	116
2024	96.4
Thereafter	423.3
Total future minimum obligations	1,034
Less interest	(367.3)
Present value of net future minimum lease obligations	666.7
Less current portion	(83.4)
Long-term obligations	$ 583.3
Operating Leases
2019		$ 879.7
2020		840.5
2021		783.2
2022		723.6
2023		651
Thereafter		4,338.6
Total future minimum obligations		8,216.6
Capital Leases
2019		170.5
2020		151.3
2021		134.9
2022		123.1
2023		114.1
Thereafter		509.1
Total future minimum obligations		1,203
Less interest		(440.7)
Present value of net future minimum lease obligations		762.3
Less current portion		(97.3)
Long-term obligations		$ 665

LEASES - Schedule of Rent Expen

LEASES - Schedule of Rent Expense and Rental Income (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 23, 2019	Feb. 24, 2018
Leases [Abstract]
Minimum rent	$ 853.5	$ 831.6
Contingent rent	10.3	12
Total rent expense	863.8	843.6
Tenant rental income	(107.2)	(98.8)
Total rent expense, net of tenant rental income	$ 756.6	$ 744.8

LEASES - Narrative (Details)

LEASES - Narrative (Details) $ in Millions	3 Months Ended			12 Months Ended
	Nov. 30, 2019USD ($)FacilityStore	Sep. 07, 2019Leaseback	Sep. 07, 2019Transaction	Feb. 29, 2020USD ($)	Feb. 23, 2019USD ($)TransactionFacility	Feb. 24, 2018USD ($)PropertiesStore
Sale Leaseback Transaction [Line Items]
Number of sale leaseback transactions		3	3		3
Number of properties sold and leaseback | Store	53					94
Aggregate purchase price, net of closing costs	$ 931.3				$ 950	$ 962
Operating lease right-of-use assets				$ 5,867.4
Sale-leaseback (gain) loss	463.6			487.1	362.5	$ 360.1
Lease term of sale-leaseback						20 years
Aggregate initial annual rent payment	$ 53				$ 55	$ 65
Future minimum sublease income				$ 340.1
Number of facilities | Facility	1				7
Renewal options period						5 years
Annual lease rent payments for number of properties | Properties						94
Qualified for sale leaseback and operating lease accounting number of properties | Properties						80
Disqualified for sale leaseback and operating lease accounting number of properties | Properties						14
Subsequently qualified for sale leaseback and operating lease accounting number of properties | Properties						12
Lease Agreements
Sale Leaseback Transaction [Line Items]
Operating lease right-of-use assets	$ 602.5
Minimum
Sale Leaseback Transaction [Line Items]
Lease term of sale-leaseback	15 years				15 years
Percent increase in rent payment	1.50%				1.50%
Maximum
Sale Leaseback Transaction [Line Items]
Lease term of sale-leaseback	20 years				20 years
Percent increase in rent payment	1.75%				1.75%

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($) $ in Millions	Apr. 25, 2019	Jun. 30, 2017	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Income tax benefit from compensation expense			$ 7.5	$ 12.9	$ 15.6
Payment for repurchase of common stock				$ 25.8
Cash distribution made to members		$ 250
Additional equity-based compensation expense due to plan modification					2.4
Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares repurchased (in shares)				3,671,621
Phantom units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of units granted during period (in shares)			600,000
Aggregate grant date fair value of phantom units			$ 20
Equity-based compensation expense			28.9	$ 47.7	$ 45.9
Compensation cost not yet recognized			$ 30.2
Number of units unvested remaining (in shares)			900,000
Period for recognition of unrecognized compensation cost			2 years
Fair value of vested units during period			$ 29.3
Phantom units | Incentive units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units received upon vesting (in shares)			1
Phantom units | Investor incentive units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units received upon vesting (in shares)			1
Phantom units, newly issued
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of units granted during period (in shares)			400,000
Phantom units, previously issued
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of units granted during period (in shares)					200,000
Time-based phantom units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of units granted during period (in shares)			300,000
Performance-based phantom units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of units granted during period (in shares)			100,000
President and Chief Executive Officer | Phantom units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate grant date fair value of phantom units	$ 10.8
Equity-based compensation expense			$ 3.9
Compensation cost not yet recognized			$ 6.9
Period for recognition of unrecognized compensation cost			4 years
Award vesting period	5 years
Percent of award with unestablished annual performance targets excluded from fair value granted	40.00%
President and Chief Executive Officer | Phantom Share Units PSU, Based On Service Period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of award vesting rights	50.00%
President and Chief Executive Officer | Phantom Share Units PSU, Based On Service Period And Performance Based Threshold
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of award vesting rights	50.00%

INCOME TAXES - Schedule of Comp

INCOME TAXES - Schedule of Components of Income Tax Benefit (Details) - USD ($) $ in Millions	3 Months Ended						4 Months Ended		12 Months Ended
	Feb. 29, 2020	Nov. 30, 2019	Sep. 07, 2019	Feb. 23, 2019	Dec. 01, 2018	Sep. 08, 2018	Jun. 15, 2019	Jun. 16, 2018	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Current
Federal									$ 87.2	$ 9	$ 54
State									49.2	(6.7)	26.5
Foreign									2.3	0.3	49.8
Total Current									138.7	2.6	130.3
Deferred
Federal									(14.1)	(77.9)	(807.7)
State									(1.1)	(3.6)	(216.6)
Foreign									9.3		(69.8)
Total Deferred									(5.9)	(81.5)	(1,094.1)
Income tax expense (benefit)	$ 22.3	$ 12.9	$ 81.9	$ 1.4	$ (65.4)	$ (11.9)	$ 15.7	$ (3)	132.8	(78.9)	(963.8)
Net Operating Loss
Current
Federal									66.8	12.8	22.4
State									$ 22.6	$ 9.5	$ 9.6

INCOME TAXES - Schedule of Effe

INCOME TAXES - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Millions	3 Months Ended						4 Months Ended		12 Months Ended
	Feb. 29, 2020	Nov. 30, 2019	Sep. 07, 2019	Feb. 23, 2019	Dec. 01, 2018	Sep. 08, 2018	Jun. 15, 2019	Jun. 16, 2018	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Income Tax Disclosure [Abstract]
Income tax expense (benefit) at federal statutory rate									$ 125.8	$ 11	$ (301.5)
State income taxes, net of federal benefit									32.3	0.7	(39.8)
Change in valuation allowance									(7.2)	(3.3)	(218)
Tax Cuts and Jobs Act										(56.9)	(430.4)
Unrecognized tax benefits									7.7	(16.2)	(36.5)
Member loss											83.1
Charitable donations									(6.9)	(4.4)
Tax Credits									(23.5)	(10.8)	(9.1)
CVR liability adjustment											(20.3)
Reorganization of limited liability companies											46.7
Nondeductible equity-based compensation expense									1	3.8	1.6
Other									3.6	(2.8)	(39.6)
Income tax expense (benefit)	$ 22.3	$ 12.9	$ 81.9	$ 1.4	$ (65.4)	$ (11.9)	$ 15.7	$ (3)	$ 132.8	$ (78.9)	$ (963.8)

INCOME TAXES - Summary of Valua

INCOME TAXES - Summary of Valuation Allowance Activity (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Beginning balance	$ 139.5	$ 134.9	$ 387.6
Additions charged to income tax expense	3.5	3.5	141
Reductions credited to income tax expense	(10.7)	(6.8)	(359)
Changes to other comprehensive income or loss and other	2.8	7.9	(34.7)
Ending balance	$ 135.1	$ 139.5	$ 134.9

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018	Feb. 25, 2017
Tax Credit Carryforward [Line Items]
Non-cash income tax benefit as a result of lower corporate income tax rate		$ 56.9	$ 430.4
Reorganization of limited liability companies			46.7
Released of deferred tax asset valuation allowance			218
Tax expense for losses benefited by the members			83.1
Valuation allowance for deferred tax assets	135.1	139.5	134.9	$ 387.6
Tax positions that would reduce effective tax rate if recognized in future periods	268.2	267.7	249
Indemnification assets recorded that would offset any future recognition	7.9
Expenses (benefits) related to interest and penalties	9.6	$ 1.8	4.6
Reduction in uncertain tax position from the adoption of IRS safe harbor			$ 70.1
Possible decrease in uncertain tax position in the next twelve months	137.6
Federal
Tax Credit Carryforward [Line Items]
Net operating loss carryforwards	32.3
Amount of tax credit carryforward	0
State
Tax Credit Carryforward [Line Items]
Net operating loss carryforwards	1,696.8
Amount of tax credit carryforward	$ 41.7

INCOME TAXES - Schedule of Defe

INCOME TAXES - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018	Feb. 25, 2017
Deferred tax assets:
Compensation and benefits	$ 135.7	$ 132
Net operating loss	117	165.9
Pension & postretirement benefits	235.5	195.6
Reserves	24.7	1.5
Self-Insurance	263.5	259.7
Tax credits	41.7	64.2
Lease obligations	1,728.2	192.5
Other	119.1	58.7
Gross deferred tax assets	2,665.4	1,070.1
Less: valuation allowance	(135.1)	(139.5)	$ (134.9)	$ (387.6)
Total deferred tax assets	2,530.3	930.6
Deferred tax liabilities:
Debt discounts	15.6	62.8
Depreciation and amortization	1,249.1	1,068.6
Inventories	346.8	346.5
Operating lease assets	1,521.7
Other	10.9	14.1
Total deferred tax liabilities	3,144.1	1,492
Net deferred tax liability	(613.8)	(561.4)
Noncurrent deferred tax liability
Noncurrent deferred tax asset	(613.8)	(561.4)
Total	$ (613.8)	$ (561.4)

INCOME TAXES - Schedule of Unre

INCOME TAXES - Schedule of Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balance	$ 376.2	$ 356	$ 418
Increase related to tax positions taken in the current year	0.9	1.6	65.4
Increase related to tax positions taken in prior years	3	35.1	4.6
Decrease related to tax position taken in prior years	(2.2)	(0.4)	(70)
Decrease related to settlements with taxing authorities	(4.1)	(8.3)	(17.5)
Decrease related to lapse of statute of limitations	0	(7.8)	(44.5)
Ending balance	$ 373.8	$ 376.2	$ 356

EMPLOYEE BENEFIT PLANS AND CO_3

EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS - Schedule of Changes in Retirement Plan's Benefit Obligation and Fair Value of Plan Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Change in fair value of plan assets:
Employer contributions	$ 11	$ 199.3	$ 21.9
Pension
Change in projected benefit obligation:
Beginning balance	2,325.8	2,351.8
Service cost	14.7	52.4
Interest cost	80.6	85.8
Actuarial loss (gain)	315.1	0.5
Plan participant contributions
Benefit payments (including settlements)	(218.9)	(167.8)
Plan amendments	(1.1)	3.1
Ending balance	2,516.2	2,325.8	2,351.8
Change in fair value of plan assets:
Beginning balance	1,847	1,814
Actual return on plan assets	106.2	3.6
Employer contributions	9.4	197.2
Plan participant contributions
Benefit payments (including settlements)	(218.9)	(167.8)
Ending balance	1,743.7	1,847	1,814
Components of net amount recognized in financial position:
Other current liabilities	(6.7)	(6.7)
Other long-term liabilities	(765.8)	(472.1)
Funded status	(772.5)	(478.8)
Other Post-Retirement Benefits
Change in projected benefit obligation:
Beginning balance	23.8	26.9
Service cost	0.6	1
Interest cost	0.7	0.5
Actuarial loss (gain)	(2.6)	(2.4)
Plan participant contributions		0.4
Benefit payments (including settlements)	(2)	(2.6)
Plan amendments
Ending balance	20.9	23.8	$ 26.9
Change in fair value of plan assets:
Beginning balance
Actual return on plan assets
Employer contributions	1.6	2.1
Plan participant contributions	0.4	0.4
Benefit payments (including settlements)	(2)	(2.5)
Ending balance
Components of net amount recognized in financial position:
Other current liabilities	(2.5)	(2.1)
Other long-term liabilities	(18.4)	(21.7)
Funded status	$ (20.9)	$ (23.8)

EMPLOYEE BENEFIT PLANS AND CO_4

EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS - Schedule of Amounts Recognized in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	Feb. 29, 2020	Feb. 23, 2019
Pension
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net actuarial loss (gain)	$ 170.4	$ (140.6)
Prior service cost	1.6	3.1
Defined benefit plan recognized in AOCI	172	(137.5)
Other Post-Retirement Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net actuarial loss (gain)	(10.3)	(8.2)
Prior service cost	1.9	5.6
Defined benefit plan recognized in AOCI	$ (8.4)	$ (2.6)

EMPLOYEE BENEFIT PLANS AND CO_5

EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS - Schedule of Accumulated Benefit Obligation in Excess of Plan Assets (Details) - USD ($) $ in Millions	Feb. 29, 2020	Feb. 23, 2019
Retirement Benefits [Abstract]
Projected benefit obligation	$ 2,516.2	$ 2,325.8
Accumulated benefit obligation	2,513.4	2,323.9
Fair value of plan assets	$ 1,743.7	$ 1,847

EMPLOYEE BENEFIT PLANS AND CO_6

EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS - Schedule of Components of Net Pension and Post-retirement Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019
Pension
Components of net expense:
Estimated return on plan assets	$ (110.1)	$ (112.6)
Service cost	14.7	52.4
Interest cost	80.6	85.8
Amortization of prior service cost	0.4	0.1
Amortization of net actuarial loss (gain)	0.5	(6.3)
Loss due to settlement accounting	7.4
Loss due to curtailment accounting		0.1
(Income) expense, net	(6.5)	19.5
Changes in plan assets and benefit obligations recognized in Other comprehensive (loss) income:
Net actuarial loss (gain)	318.9	109.4
Settlement loss	(7.4)
Curtailment loss		(0.1)
Amortization of net actuarial (loss) gain	(0.5)	6.3
Prior service cost	(1.1)	3.1
Amortization of prior service cost	(0.4)	(0.1)
Total recognized in Other comprehensive (loss) income	309.5	118.6
Total net expense and changes in plan assets and benefit obligations recognized in Other comprehensive (loss) income	303	138.1
Other Post-Retirement Benefits
Components of net expense:
Estimated return on plan assets
Service cost	0.6	1
Interest cost	0.7	0.5
Amortization of prior service cost	3.7	3.7
Amortization of net actuarial loss (gain)	(0.5)	(0.2)
Loss due to settlement accounting
Loss due to curtailment accounting
(Income) expense, net	4.5	5
Changes in plan assets and benefit obligations recognized in Other comprehensive (loss) income:
Net actuarial loss (gain)	(2.6)	(2.4)
Settlement loss
Curtailment loss
Amortization of net actuarial (loss) gain	0.5	0.2
Prior service cost
Amortization of prior service cost	(3.7)	(3.7)
Total recognized in Other comprehensive (loss) income	(5.8)	(5.9)
Total net expense and changes in plan assets and benefit obligations recognized in Other comprehensive (loss) income	$ (1.3)	$ (0.9)

EMPLOYEE BENEFIT PLANS AND CO_7

EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS - Schedule of Assumptions Used (Details)	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019
Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Discount rate	2.83%	4.17%
Rate of compensation increase	3.02%	2.87%
Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]
Discount rate	4.17%	4.12%
Expected return on plan assets:	6.36%	6.38%

EMPLOYEE BENEFIT PLANS AND CO_8

EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS - Narrative (Details) $ in Millions	Mar. 12, 2020USD ($)	Mar. 05, 2020USD ($)	Feb. 29, 2020USD ($)employee	Feb. 23, 2019USD ($)employee	Feb. 24, 2018USD ($)	Feb. 27, 2016USD ($)
Defined Benefit Plan Disclosure [Line Items]
Employer contributions			$ 11	$ 199.3	$ 21.9
Current fiscal year contributions				150
Expected employer contribution next fiscal year			69.5
Employer discretionary contribution amount in 401(k)			$ 63.2	$ 45.1	44.6
Entity number of employees | employee			270,000
Number of participants in collective bargaining agreements | employee			185,000	57,000
Number of employee scheduled to expire in collective bargaining agreements | employee			45,000
Multiemployer plan contributions			$ 1,200	$ 1,300	1,200
UFCW Midwest Plan
Defined Benefit Plan Disclosure [Line Items]
Withdrawal obligation recorded			80
Pension
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets			1,743.7	1,847	$ 1,814
Payable to intermediary agent			95.1
Employer contributions			9.4	$ 197.2
Pension | Safeway Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets			1,445
Pension | Shaw's Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets			264
Pension | United Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets			35
Safeway Inc | UFCW Midwest Plan
Defined Benefit Plan Disclosure [Line Items]
Withdrawal obligation recorded						$ 221.8
Subsequent Event | UFCW Midwest Plan
Defined Benefit Plan Disclosure [Line Items]
Withdrawal obligation recorded	$ 75
Gain on settlement	$ 43.3
Combined Plan | Subsequent Event
Defined Benefit Plan Disclosure [Line Items]
Required annual contribution		$ 23.2
Defined contribution plan, term		25 years
MAP And FELRA
Defined Benefit Plan Disclosure [Line Items]
Employer discretionary contribution amount in 401(k)			$ 26.2

EMPLOYEE BENEFIT PLANS AND CO_9

EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS - Schedule of Plan Assets Allocation (Details) - Pension	Feb. 29, 2020	Feb. 23, 2019
Safeway Plan
Defined Benefit Plan Disclosure [Line Items]
Target	100.00%
Plan Assets	100.00%	100.00%
Safeway Plan | Equity
Defined Benefit Plan Disclosure [Line Items]
Target	65.00%
Plan Assets	64.00%	62.50%
Safeway Plan | Fixed income
Defined Benefit Plan Disclosure [Line Items]
Target	35.00%
Plan Assets	39.20%	35.60%
Safeway Plan | Cash and other
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	(3.20%)	1.90%
Shaw's Plan
Defined Benefit Plan Disclosure [Line Items]
Target	100.00%
Plan Assets	100.00%	100.00%
Shaw's Plan | Equity
Defined Benefit Plan Disclosure [Line Items]
Target	65.00%
Plan Assets	64.50%	60.50%
Shaw's Plan | Fixed income
Defined Benefit Plan Disclosure [Line Items]
Target	35.00%
Plan Assets	35.40%	35.90%
Shaw's Plan | Cash and other
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	0.10%	3.60%
United Plan
Defined Benefit Plan Disclosure [Line Items]
Target	100.00%
Plan Assets	100.00%	100.00%
United Plan | Equity
Defined Benefit Plan Disclosure [Line Items]
Target	50.00%
Plan Assets	47.80%	50.30%
United Plan | Equity | Maximum
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	60.00%
United Plan | Equity | Minimum
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	40.00%
United Plan | Fixed income
Defined Benefit Plan Disclosure [Line Items]
Target	50.00%
Plan Assets	50.40%	50.00%
United Plan | Cash and other
Defined Benefit Plan Disclosure [Line Items]
Plan Assets	1.80%	(0.30%)

EMPLOYEE BENEFIT PLANS AND C_10

EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS - Schedule of Fair Value of Plan Assets (Details) - Pension - USD ($) $ in Millions	Feb. 29, 2020	Feb. 23, 2019
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 1,838.8	$ 1,926.5
Assets Measured at NAV	856.4	771.9
Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	367.4	460
Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	615	694.6
Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6.3	10.8
Assets Measured at NAV	0	0
Cash and cash equivalents | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	3.4	1.6
Cash and cash equivalents | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2.9	9.2
Cash and cash equivalents | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Short-term investment collective trust
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	37.4	73.3
Assets Measured at NAV	0	0
Short-term investment collective trust | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Short-term investment collective trust | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	37.4	73.3
Short-term investment collective trust | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Domestic common and preferred stock
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	167.8	254.5
Assets Measured at NAV	0	0
Domestic common and preferred stock | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	167.8	254.5
Domestic common and preferred stock | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Domestic common and preferred stock | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
International common stock
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	57.8	64
Assets Measured at NAV	0	0
International common stock | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	57.8	64
International common stock | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
International common stock | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Collective trust funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	710.6	649.9
Assets Measured at NAV	710.6	649.9
Collective trust funds | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Collective trust funds | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Collective trust funds | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Corporate bond
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	135.9	126
Assets Measured at NAV	0	0
Corporate bond | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Corporate bond | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	135.9	126
Corporate bond | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Mortgage and other asset-backed securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	45	42.8
Assets Measured at NAV	0	0
Mortgage and other asset-backed securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Mortgage and other asset-backed securities | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	45	42.8
Mortgage and other asset-backed securities | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Mutual funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	272	257.2
Assets Measured at NAV	110.9	88.1
Mutual funds | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	138.4	139.9
Mutual funds | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	22.7	29.2
Mutual funds | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S. government securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	359	362.5
Assets Measured at NAV	0	0
U.S. government securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S. government securities | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	359	362.5
U.S. government securities | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Other securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	47	85.5
Assets Measured at NAV	34.9	33.9
Other securities | Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Other securities | Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	12.1	51.6
Other securities | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0

EMPLOYEE BENEFIT PLANS AND C_11

EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS - Schedule of Expected Future Benefit Payments (Details) $ in Millions	Feb. 29, 2020USD ($)
Pension Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2020	$ 238.6
2021	190.9
2022	186.5
2023	193
2024	225.6
2025 – 2029	705.9
Other Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2020	2.6
2021	2.4
2022	2.2
2023	1.9
2024	1.7
2025 – 2029	$ 6

EMPLOYEE BENEFIT PLANS AND C_12

EMPLOYEE BENEFIT PLANS AND COLLECTIVE BARGAINING AGREEMENTS - Schedule of Multiemployer Plan (Details) - Pension fund $ in Millions	12 Months Ended
	Feb. 29, 2020USD ($)agreement	Feb. 23, 2019USD ($)	Feb. 24, 2018USD ($)
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 469.3	$ 451.1	$ 431.2
UFCW-Northern California Employers Joint Pension Trust Fund
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 103.8	104.4	110.2
Total collective bargaining agreements	71
Most significant collective bargaining agreement	50
Western Conference of Teamsters Pension Plan
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 64.9	63.7	61.2
Total collective bargaining agreements	50
Most significant collective bargaining agreement	15
Southern California United Food & Commercial Workers Unions and Food Employers Joint Pension Plan
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 116.1	108.4	92.4
Total collective bargaining agreements	45
Most significant collective bargaining agreement	43
Food Employers Labor Relations Association and United Food and Commercial Workers Pension Fund
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 18.8	20.4	20.4
Total collective bargaining agreements	21
Most significant collective bargaining agreement	16
Sound Retirement Trust
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 44.3	39.1	32.1
Total collective bargaining agreements	128
Most significant collective bargaining agreement	25
Bakery and Confectionery Union and Industry International Pension Fund
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 18.5	17.4	16.6
Total collective bargaining agreements	103
Most significant collective bargaining agreement	34
UFCW Union and Participating Food Industry Employers Tri-State Pension Fund
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 14.9	14	15.8
Total collective bargaining agreements	6
Most significant collective bargaining agreement	2
Rocky Mountain UFCW Unions & Employers Pension Plan
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 12.3	10.8	10.8
Total collective bargaining agreements	85
Most significant collective bargaining agreement	27
UFCW Local 152 Retail Meat Pension Fund
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 10.9	10.8	11
Total collective bargaining agreements	4
Most significant collective bargaining agreement	4
Desert States Employers & UFCW Unions Pension Plan
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 8.9	9.1	9.3
Total collective bargaining agreements	16
Most significant collective bargaining agreement	13
UFCW International Union - Industry Pension Fund
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 9.5	13.1	12.4
Total collective bargaining agreements	28
Most significant collective bargaining agreement	6
Mid Atlantic Pension Fund
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 7.4	6.6	6.8
Total collective bargaining agreements	19
Most significant collective bargaining agreement	16
Retail Food Employers and UFCW Local 711 Pension Trust Fund
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 7.3	7.1	6.6
Total collective bargaining agreements	7
Most significant collective bargaining agreement	2
Oregon Retail Employees Pension Trust
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 8.9	7.6	6.6
Total collective bargaining agreements	136
Most significant collective bargaining agreement	23
Intermountain Retail Store Employees Pension Trust
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 5.8	4.8	3.8
Total collective bargaining agreements	54
Most significant collective bargaining agreement	19
Other funds
Multiemployer Plans [Line Items]
Contributions of Company | $	$ 17	$ 13.8	$ 15.2

RELATED PARTIES - Narrative (De

RELATED PARTIES - Narrative (Details) - USD ($) $ in Thousands	Jan. 30, 2015	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Management Fee Agreement 2015 | Cerberus
Related Party Transaction [Line Items]
Extended term of management agreement	4 years
Annual management fee	$ 13,750	$ 13,750
Consulting Services
Related Party Transaction [Line Items]
Fees paid to related party		300	$ 500	$ 500
Information Technology Advisory and Implementation Services
Related Party Transaction [Line Items]
Fees paid to related party		$ 4,400

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES AND OFF BALANCE SHEET ARRANGEMENTS - Guarantees (Details) - USD ($) $ in Millions	Feb. 29, 2020	Feb. 23, 2019
Commitments and Contingencies Disclosure [Abstract]
Outstanding balance on letters of credit	$ 90.3	$ 143

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES AND OFF BALANCE SHEET ARRANGEMENTS - Legal Contingencies (Details) $ in Millions	12 Months Ended
	Feb. 29, 2020USD ($)lawsuit
Safeway's 401(k) Plan | Pending litigation | Safeway Inc
Loss Contingencies [Line Items]
Number of lawsuits filed against the company	2
Qui Tam Lawsuits | Pending litigation
Loss Contingencies [Line Items]
Number of lawsuits filed against the company	2
Qui Tam Lawsuits | Pending litigation | Minimum
Loss Contingencies [Line Items]
Damages sought in a lawsuit | $	$ 100
Consolidated cases for multidistrict litigation
Loss Contingencies [Line Items]
Number of lawsuits filed against the company	2,000

OTHER COMPREHENSIVE INCOME OR_3

OTHER COMPREHENSIVE INCOME OR LOSS - Changes in the AOCI Balance (Details) - USD ($) $ in Millions	12 Months Ended
	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning AOCI balance	$ 1,450.7	$ 1,398.2
Cumulative effect of accounting change	574.6
Other comprehensive (loss) income	(209.8)	(99.8)	$ 203.9
Ending balance	2,278.1	1,450.7	1,398.2
Total
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning AOCI balance	91.3	191.1
Cumulative effect of accounting change	16.6
Other comprehensive (loss) income before reclassifications	(356.2)	(129.8)
Amounts reclassified from Accumulated other comprehensive (loss) income	46.9	(5.6)
Tax benefit (expense)	82.9	35.6
Other comprehensive (loss) income	(209.8)	(99.8)
Ending balance	(118.5)	91.3	191.1
Interest rate swaps
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning AOCI balance	3.4	18.9
Cumulative effect of accounting change	1.2
Other comprehensive (loss) income before reclassifications	(45.8)	(18.6)
Amounts reclassified from Accumulated other comprehensive (loss) income	35.4	(2.3)
Tax benefit (expense)	5.8	5.4
Other comprehensive (loss) income	(3.4)	(15.5)
Ending balance	0	3.4	18.9
Pension and Post-retirement benefit plan items
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning AOCI balance	88.8	171.9
Cumulative effect of accounting change	14.9
Other comprehensive (loss) income before reclassifications	(315.2)	(110)
Amounts reclassified from Accumulated other comprehensive (loss) income	11.5	(2.7)
Tax benefit (expense)	78.3	29.6
Other comprehensive (loss) income	(210.5)	(83.1)
Ending balance	(121.7)	88.8	171.9
Foreign currency translation adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning AOCI balance	(1.4)	(1.1)
Cumulative effect of accounting change	0
Other comprehensive (loss) income before reclassifications	0.3	(0.3)
Amounts reclassified from Accumulated other comprehensive (loss) income	0	0
Tax benefit (expense)	0	0
Other comprehensive (loss) income	0.3	(0.3)
Ending balance	(1.1)	(1.4)	(1.1)
Other
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning AOCI balance	0.5	1.4
Cumulative effect of accounting change	0.5
Other comprehensive (loss) income before reclassifications	4.5	(0.9)
Amounts reclassified from Accumulated other comprehensive (loss) income	0	(0.6)
Tax benefit (expense)	(1.2)	0.6
Other comprehensive (loss) income	3.8	(0.9)
Ending balance	$ 4.3	$ 0.5	$ 1.4

NET INCOME PER COMMON SHARE - S

NET INCOME PER COMMON SHARE - Schedule of Net income per common share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended						4 Months Ended		12 Months Ended
	Feb. 29, 2020	Nov. 30, 2019	Sep. 07, 2019	Feb. 23, 2019	Dec. 01, 2018	Sep. 08, 2018	Jun. 15, 2019	Jun. 16, 2018	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Earnings Per Share [Abstract]
Net Income	$ 67.8	$ 54.8	$ 294.8	$ 135.6	$ 45.6	$ (32.4)	$ 49	$ (17.7)	$ 466.4	$ 131.1	$ 46.3
Weighted average common shares outstanding									579.4	580.5	579.5
Dilutive effect of potential common shares									0.9	0.2	0
Weighted average common shares and potential dilutive common shares outstanding									580.3	580.7	579.5
Basic net income per common share									$ 0.80	$ 0.23	$ 0.08
Diluted net income per common share									$ 0.80	$ 0.23	$ 0.08

QUARTERLY INFORMATION (unaudi_3

QUARTERLY INFORMATION (unaudited) - Schedule of Interim Information (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended						4 Months Ended		12 Months Ended
	Feb. 29, 2020	Nov. 30, 2019	Sep. 07, 2019	Feb. 23, 2019	Dec. 01, 2018	Sep. 08, 2018	Jun. 15, 2019	Jun. 16, 2018	Feb. 29, 2020	Feb. 23, 2019	Feb. 24, 2018
Quarterly Financial Information Disclosure [Abstract]
Net sales and other revenue	$ 15,436.8	$ 14,103.2	$ 14,176.7	$ 14,016.6	$ 13,840.4	$ 14,024.1	$ 18,738.4	$ 18,653.4	$ 62,455.1	$ 60,534.5	$ 59,924.6
Gross profit	4,418	3,995.1	3,941.5	4,058.7	3,852.4	3,812.8	5,239.6	5,170.7	17,594.2	16,894.6	16,361.1
Operating income	326.6	206.6	582.4	288.4	174.4	131.4	321.5	193.1	1,437.1	787.3	(56.6)
Income before income taxes	90.1	67.7	376.7	137	(19.8)	(44.3)	64.7	(20.7)	599.2	52.2
Income tax expense	22.3	12.9	81.9	1.4	(65.4)	(11.9)	15.7	(3)	132.8	(78.9)	(963.8)
Net income	$ 67.8	$ 54.8	$ 294.8	$ 135.6	$ 45.6	$ (32.4)	$ 49	$ (17.7)	$ 466.4	$ 131.1	$ 46.3
Basic and diluted net income per common share	$ 0.12	$ 0.09	$ 0.51	$ 0.23	$ 0.08	$ (0.06)	$ 0.08	$ (0.03)	$ 0.80	$ 0.23

QUARTERLY INFORMATION (unaudi_4

QUARTERLY INFORMATION (unaudited) - Narrative (Details) $ in Millions	3 Months Ended				12 Months Ended
	Nov. 30, 2019USD ($)	Sep. 07, 2019USD ($)Leaseback	Sep. 07, 2019USD ($)	Sep. 07, 2019USD ($)Transaction	Feb. 29, 2020USD ($)	Feb. 23, 2019USD ($)Transaction	Feb. 24, 2018USD ($)
Quarterly Financial Information Disclosure [Abstract]
Gross deferred gain on sale leaseback		$ 463.6	$ 463.6	$ 463.6
Number of sale leaseback transactions		3		3		3
Provisional tax benefit as a result of the Tax Act	$ 60.3
Net (gain) loss on property dispositions, asset impairment and lease exit costs			$ 135.8		$ 484.8	$ 165	$ (66.7)