Assets and Liabilities Held for Sale and Discontinued Operations (Tables)

6 Months Ended

Jun. 15, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Assets and Liabilities Held for Sale and Financial Results of Discontinued Operations

Assets and liabilities held for sale at June 15, 2013 were as follows (in millions):

			June 15, 2013
Assets held for sale:
	CSL
		Cash in stores	$	5.5
		Receivables	67.3
		Merchandise inventories	434.8
		Prepaid and other current assets	24.9
		Net property, plant and equipment	1,111.6
		Goodwill	95.4
		Other assets	4.4
		Total CSL assets held for sale	$	1,743.9
	Other United States real estate assets held for sale		26.2
	Total assets held for sale		$	1,770.1
Liabilities held for sale:
	CSL
		Obligations under capital leases	$	39.7
		Accounts payable	267.7
		Accrued salaries and wages	71.6
		Other accrued liabilities	50.7
		Pension and post-retirement benefit obligations	188.2
		Accrued claims and other liabilities	30.6
	Total liabilities held for sale		$	648.5

The financial results of discontinued operations for the 12 and 24 weeks ended June 15, 2013 and June 16, 2012 were as follows (in millions):

		12 weeks ended
		June 15, 2013			June 16, 2012
CSL
	Sales and other revenue	$	1,522.3		$	1,558.2
	Income from discontinued operations before income taxes	84.7			108.1
	Income tax expense	(134.0		)	(34.0		)
	(Loss) income from discontinued operations, net of income taxes	(49.3		)	74.1
Genuardi's
	Gain on property dispositions and lease exit costs	—			2.0
	Income tax expense	—			(0.8		)
	Gain from discontinued operations of Genuardi's	—			1.2
(Loss) income from discontinued operations, net of income taxes		$	(49.3	)	$	75.3

		24 weeks ended
		June 15, 2013			June 16, 2012
CSL
	Sales and other revenue	$	3,015.5		$	3,063.1
	Income from discontinued operations before income taxes	158.1			185.5
	Income tax expense	(143.5		)	(60.0		)
	Income from discontinued operations, net of income taxes	14.6			125.5
Genuardi's
	Lease exit costs, net of gains on property dispositions	—			(4.9		)
	Property impairment charges	—			(7.3		)
	Income tax benefit	—			4.7
	Loss from discontinued operations of Genuardi's	—			(7.5		)
Income from discontinued operations, net of income taxes		$	14.6		$	118.0