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Income (Loss) Per Share (Tables)
 6 Months Ended
Jun. 14, 2014
Earnings Per Share [Abstract]  
Basic and diluted earnings per common share
The following tables provide reconciliations of net earnings and shares used in calculating income (loss) per basic common share to those used in calculating income (loss) per diluted common share (in millions, except per-share amounts):
 
12 Weeks Ended
 
June 14, 2014
 
June 15, 2013
 
Diluted
 
Basic
 
Diluted
 
Basic
Income from continuing operations, net of tax
$
80.6

 
$
80.6

 
$
62.5

 
$
62.5

Distributed and undistributed earnings allocated to participating securities
(1.5
)
 
(1.5
)
 
(0.7
)
 
(0.7
)
Income from continuing operations available to common stockholders
79.1

 
79.1

 
61.8

 
61.8

 
 
 
 
 
 
 
 
Income (loss) from discontinued operations, net of tax
15.0

 
15.0

 
(53.7
)
 
(53.7
)
Noncontrolling interests - discontinued operations
—

 
—

 
(0.4
)
 
(0.4
)
Income (loss) from discontinued operations, attributable to Safeway Inc.
15.0

 
15.0

 
(54.1
)
 
(54.1
)
Distributed and undistributed earnings allocated to participating securities
(0.2
)
 
(0.2
)
 
0.2

 
0.2

Income (loss) from discontinued operations available to common stockholders
14.8

 
14.8

 
(53.9
)
 
(53.9
)
 
 
 
 
 
 
 
 
Net income
$
95.6

 
$
95.6

 
$
8.4

 
$
8.4

Distributed and undistributed earnings allocated to participating securities
(1.7
)
 
(1.7
)
 
(0.5
)
 
(0.5
)
Net income available to common stockholders after earnings allocated to participating securities
$
93.9

 
$
93.9

 
$
7.9

 
$
7.9

 
 
 
 
 
 
 
 
Weighted average common shares outstanding
228.8

 
228.8

 
238.7

 
238.7

Common share equivalents
1.9

 
 
 
2.1

 
 
Weighted average shares outstanding
230.7

 
 
 
240.8

 
 
 


 


 


 


Earnings (loss) per common share:
 
 
 
 
 
 
 
Continuing operations
$
0.34

 
$
0.35

 
$
0.26

 
$
0.26

Discontinued operations
0.07

 
0.06

 
(0.23
)
 
(0.23
)
           Total
$
0.41

 
$
0.41

 
$
0.03

 
$
0.03

 
24 Weeks Ended
 
June 14, 2014
 
June 15, 2013
 
Diluted
 
Basic
 
Diluted
 
Basic
(Loss) income from continuing operations, net of tax
$
(3.1
)
 
$
(3.1
)
 
$
122.1

 
$
122.1

Distributed and undistributed earnings allocated to participating securities
(2.2
)
 
(2.2
)
 
(1.3
)
 
(1.3
)
(Loss) income from continuing operations available to common stockholders
(5.3
)
 
(5.3
)
 
120.8

 
120.8

 
 
 
 
 
 
 
 
Income from discontinued operations, net of tax
0.1

 
0.1

 
5.5

 
5.5

Noncontrolling interests - discontinued operations
0.9

 
0.9

 
(0.3
)
 
(0.3
)
Income from discontinued operations, attributable to Safeway, Inc.
1.0

 
1.0

 
5.2

 
5.2

Distributed and undistributed earnings allocated to participating securities
—

 
—

 
(0.1
)
 
(0.1
)
Income from discontinued operations available to common stockholders
1.0

 
1.0

 
5.1

 
5.1

 
 
 
 
 
 
 
 
Net (loss) income
$
(2.1
)
 
$
(2.1
)
 
$
127.3

 
$
127.3

Distributed and undistributed earnings allocated to participating securities
(2.2
)
 
(2.2
)
 
(1.4
)
 
(1.4
)
Net (loss) income available to common stockholders after earnings allocated to participating securities
$
(4.3
)
 
$
(4.3
)
 
$
125.9

 
$
125.9

 
 
 
 
 
 
 
 
Weighted average common shares outstanding
228.5

 
228.5

 
238.0

 
238.0

Common share equivalents
1.8

 
 
 
1.7

 
 
Weighted average shares outstanding
230.3

 
 
 
239.7

 
 
 
 
 
 
 
 
 
 
(Loss) earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
(0.02
)
 
$
(0.02
)
 
$
0.50

 
$
0.51

Discontinued operations
—

 
—

 
0.03

 
0.02

           Total
$
(0.02
)
 
$
(0.02
)
 
$
0.53

 
$
0.53