BENEFIT PLANS

6 Months Ended

Jan. 29, 2022

Retirement Benefits [Abstract]

BENEFIT PLANS

NOTE 11—BENEFIT PLANS

Net periodic benefit income and contributions to defined benefit pension and other post-retirement benefit plans consisted of the following:

	13-Week Period Ended
	Pension Benefits				Other Postretirement Benefits
(in millions)	January 29, 2022		January 30, 2021		January 29, 2022		January 30, 2021
Net Periodic Benefit (Income) Cost
Interest cost	$	9	$	9	$	—	$	1
Expected return on plan assets	(20)		(26)		—		—
Amortization of prior service cost (credit)	—		—		1		(1)
Amortization of net actuarial loss (gain)	—		1		—		(1)
Net periodic benefit (income) cost	$	(11)	$	(16)	$	1	$	(1)
Contributions to benefit plans	$	—	$	(1)	$	(1)	$	(1)

	26-Week Period Ended
	Pension Benefits				Other Postretirement Benefits
(in thousands)	January 29, 2022		January 30, 2021		January 29, 2022		January 30, 2021
Net Periodic Benefit (Income) Cost
Interest cost	$	19	$	18	$	—	$	1
Expected return on plan assets	(41)		(52)		—		—
Amortization of prior service cost (credit)	—		—		2		(1)
Amortization of net actuarial loss (gain)	—		1		—		(1)
Net periodic benefit (income) cost	$	(22)	$	(33)	$	2	$	(1)
Contributions to benefit plans	$	—	$	(1)	$	(2)	$	(2)

Defined Benefit Plan Merger

In the second quarter of fiscal 2022, the Company merged the Unified Grocers, Inc. Cash Balance Plan into the SUPERVALU INC. Retirement Plan. The merger did not impact the amount of plan assets and accumulated benefit plan obligations; however, as a result of the merger, former Unified Grocers, Inc. Cash Balance Plan participants will receive all benefits from the SUPERVALU INC. Retirement Plan. As such, the funded status of the remaining plan in the Condensed Consolidated Balance Sheets has been presented within a single asset balance within Other long-term assets.

Pension Contributions

No minimum pension contributions are required to be made under the SUPERVALU INC. Retirement Plan under the Employee Retirement Income Security Act of 1974, as amended, (“ERISA”) in fiscal 2022. The Company expects to contribute approximately $2 million and $3 million, respectively, to its other non-qualified pension plans and postretirement benefit plans in fiscal 2022.

Multiemployer Pension Plans

The Company contributed $11 million and $12 million in the second quarters of fiscal 2022 and 2021, respectively, and $22 million and $24 million in fiscal 2022 and 2021 year-to-date, respectively, to multiemployer pension plans.