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Income Per Share (Tables)
3 Months Ended 12 Months Ended
Mar. 22, 2014
Dec. 28, 2013
Earnings Per Share [Abstract]    
Basic and diluted earnings per common share
The following tables provide reconciliations of net earnings and shares used in calculating (loss) income per basic common share to those used in calculating (loss) income per diluted common share (in millions, except per-share amounts):
 
12 Weeks Ended
 
March 22, 2014
 
March 23, 2013
 
Diluted
 
Basic
 
Diluted
 
Basic
(Loss) income from continuing operations, net of tax
$
(83.7
)
 
$
(83.7
)
 
$
59.6

 
$
59.6

Distributed and undistributed earnings allocated to participating securities
(0.4
)
 
(0.4
)
 
(0.6
)
 
(0.6
)
(Loss) income from continuing operations available to common stockholders
(84.1
)
 
(84.1
)
 
59.0

 
59.0

 
 
 
 
 
 
 
 
(Loss) income from discontinued operations, net of tax
(14.9
)
 
(14.9
)
 
59.2

 
59.2

Noncontrolling interests
1.0

 
1.0

 
0.1

 
0.1

(Loss) income from discontinued operations, attributable to Safeway Inc.
(13.9
)
 
(13.9
)
 
59.3

 
59.3

Distributed and undistributed earnings allocated to participating securities

 

 
(0.6
)
 
(0.6
)
Income from discontinued operations available to common stockholders
(13.9
)
 
(13.9
)
 
58.7

 
58.7

 
 
 
 
 
 
 
 
Net (loss) income
$
(97.6
)
 
$
(97.6
)
 
$
118.9

 
$
118.9

Distributed and undistributed earnings allocated to participating securities
(0.4
)
 
(0.4
)
 
(1.2
)
 
(1.2
)
Net (loss) income available to common stockholders after earnings allocated to participating securities
$
(98.0
)
 
$
(98.0
)
 
$
117.7

 
$
117.7

 
 
 
 
 
 
 
 
Weighted average common shares outstanding
228.1

 
228.1

 
237.4

 
237.4

Common share equivalents

 
 
 
1.2

 
 
Weighted average shares outstanding
228.1

 
 
 
238.6

 
 
 


 


 


 


(Loss) earnings per common share:
 
 
 
 
 
 
 
Continuing operations
$
(0.37
)
 
$
(0.37
)
 
$
0.25

 
$
0.25

Discontinued operations
(0.06
)
 
(0.06
)
 
0.24

 
0.25

           Total
$
(0.43
)
 
$
(0.43
)
 
$
0.49

 
$
0.50

The following table provides reconciliations of net earnings and shares used in calculating income per basic common share to those used in calculating income per diluted common share.
(In millions, except per-share amounts)
2013
 
2012
 
2011
 
Diluted
Basic
 
Diluted
Basic
 
Diluted
Basic
Income from continuing operations, net of tax
$
217.1

$
217.1

 
$
249.2

$
249.2

 
$
329.5

$
329.5

Distributed and undistributed earnings allocated to participating securities
(2.1
)
(2.1
)
 
(2.3
)
(2.3
)
 
(2.4
)
(2.4
)
Income from continuing operations available to common stockholders
215.0

215.0

 
246.9

246.9

 
327.1

327.1

 
 
 
 
 
 
 
 
 
Income from discontinued operations, net of tax
3,305.1

3,305.1

 
348.9

348.9

 
188.7

188.7

Noncontrolling interest
(14.7
)
(14.7
)
 
(1.6
)
(1.6
)
 
(1.5
)
(1.5
)
Income from discontinued operations attributable to Safeway Inc.
3,290.4

3,290.4

 
347.3

347.3

 
187.2

187.2

Distributed and undistributed earnings allocated to participating securities
(32.1
)
(32.1
)
 
(3.1
)
(3.1
)
 
(1.4
)
(1.4
)
Income from discontinued operations available to common stockholders
3,258.3

3,258.3

 
344.2

344.2

 
185.8

185.8

 
 
 
 
 
 
 
 
 
Net income
$
3,507.5

$
3,507.5

 
$
596.5

$
596.5

 
$
516.7

$
516.7

Distributed and undistributed earnings allocated to participating securities
(34.2
)
(34.2
)
 
(5.4
)
(5.4
)
 
(3.8
)
(3.8
)
Net income available to common stockholders after earnings allocated to participating securities
$
3,473.3

$
3,473.3

 
$
591.1

$
591.1

 
$
512.9

$
512.9

 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding
239.1

239.1

 
245.6

245.6

 
343.4

343.4

Common share equivalents
2.4

 
 
0.3

 
 
0.4

 
Weighted-average shares outstanding
241.5

 
 
245.9

 
 
343.8

 
 
 
 
 
 
 
 
 
 
Earnings per common share:
 
 
 
 
 
 
 
 
Continuing operations
$
0.89

$
0.90

 
$
1.00

$
1.01

 
$
0.95

$
0.95

Discontinued operations
$
13.49

$
13.63

 
$
1.40

$
1.40

 
$
0.54

$
0.54

Total
$
14.38

$
14.53

 
$
2.40

$
2.41

 
$
1.49

$
1.49