Share-Based Employee Compensation (Tables)

6 Months Ended

Jun. 15, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of weighted-average assumptions used to value grants, by year

The following weighted-average assumptions used to value Safeway’s grants of stock options through the second quarter, by year, are as follows:

	2013					2012
Expected life (in years)	6.25		-	6.5		6.25		-	6.5
Expected stock volatility	31.6	%	-	33.0	%	31.6	%	-	30.6	%
Risk-free interest rate	1.1	%	-	1.3	%	1.2	%	-	1.3	%
Expected dividend yield during the expected term	3.8%					2.8%