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Capital Stock (Tables)
 12 Months Ended
Dec. 29, 2012
Capital Stock [Abstract]  
Summary of unvested restricted stock
The following table summarizes information about unvested Safeway restricted stock as of December 29, 2012: 
 
Awards
 
Weighted-
average
grant
date
fair value
Unvested, beginning of year
2,525,205

 
$
22.70

Granted
695,816

 
20.22

Vested
(658,561
)
 
22.15

Canceled
(149,630
)
 
22.28

Unvested, end of year
2,412,830

 
$
22.16
Schedule of activity in stock option plans
Activity in the Company’s stock option plans for the year ended December 29, 2012 was as follows:
 
Options
 
Weighted-
average
exercise price
 
Aggregate
intrinsic
value
(in millions)
Outstanding, beginning of year
28,935,453

 
$
26.37

 
$
16.5

2012 Activity:
 
 
 
 
 
Granted
2,233,139

 
19.85

 
 
Canceled
(6,863,572
)
 
26.17

 
 
Exercised
(207,627
)
 
18.34

 
 
Outstanding, end of year
24,097,393

 
$
25.92

 
$
0.9

Exercisable, end of year (1)
15,116,752

 
$
28.27

 
$
—

Vested and expected to vest, end of year (2)
21,933,588

 
$
26.38

 
$
0.5

(1) The remaining weighted-average contractual life of these options is 2.5 years.
(2) The remaining weighted-average contractual life of these options is 3.8 years.
Summary of weighted-average fair value of options granted
Weighted-average fair value of options granted during the year:
 
2010
$
6.88

 
2011
5.87

 
2012
4.50

 
Summary of weighted-average assumptions used to value grants, by year
The following weighted-average assumptions used, by year, to value Safeway’s grants are as follows:
 
2012
2011
2010
Expected life (in years)
6.25

–
6.5

 
6.5
 
 
6.5
 
Expected stock volatility
30.6
%
–
33.9
%
29.8
%
–
34.1
%
30.3
%
–
31.2
%
Risk-free interest rate
0.9
%
–
1.3
%
1.5
%
–
2.7
%
1.8
%
–
3.1
%
Expected dividend yield during the expected term
2.8
%
–
3.7
%
2.2
%
–
2.7
%
1.8
%
–
2.2
%
Schedule of share-based compensation expenses recognized as a component of operating and administrative expense
Total share-based compensation expenses recognized as a component of operating and administrative expense is as follows (in millions):
 
2012
2011
2010
Share-based compensation expense
$
55.1

$
50.0

$
55.5

Income tax benefit
(20.8
)
(18.8
)
(20.8
)
Share-based compensation expense recognized in
    earnings, net of tax
$
34.3

$
31.2

$
34.7