Substantially all employees of the Company and its subsidiaries are covered by various contributory and non-contributory pension, profit sharing or 401(k) plans. The Company’s primary defined benefit pension plan, the SUPERVALU INC. Retirement Plan (the "SUPERVALU Retirement Plan"), and certain supplemental executive retirement plans were closed to new participants and service crediting ended for all participants as of December 31, 2007. Pay increases were reflected in the amount of benefit earned in these plans until December 31, 2012. Most union employees participate in multiemployer retirement plans under collective bargaining agreements, unless the collective bargaining agreement provides for participation in plans sponsored by the Company. In addition to sponsoring both defined benefit and defined contribution pension plans, the Company provides healthcare and life insurance benefits for eligible retired employees under postretirement benefit plans. The Company also provides certain health and welfare benefits, including short-term and long-term disability benefits, to inactive disabled employees prior to retirement. The terms of the postretirement benefit plans vary based on employment history, age and date of retirement. For many retirees, the Company provides a fixed dollar contribution and retirees pay contributions to fund the remaining cost.

Effective February 21, 2014, the Company amended the SUPERVALU Retiree Benefit Plan to modify the Company’s subsidies for all participants (current and former employees) who are not subject to a collective bargaining agreement that specifies a different benefit and who terminate employment on or after January 1, 2016. The result of this amendment was a reduction in the other postretirement benefit obligations of $11 with a corresponding decrease to Accumulated other comprehensive loss, net of tax in fiscal 2014.

The benefit obligation, fair value of plan assets and funded status of the defined benefit pension plans and other postretirement benefit plans consisted of the following:



	Pension Benefits						Other Postretirement Benefits
	2015			2014			2015			2014
Change in Benefit Obligation
Benefit obligation at beginning of year	$	2,726		$	2,893		$	81		$	109
Plan amendment	—			—			(5		)	(11		)
Service cost	—			—			1			2
Interest cost	121			121			4			4
Actuarial loss (gain)	371			(141		)	5			(12		)
Settlements paid	(272		)	—			—			—
Benefits paid	(97		)	(147		)	(4		)	(6		)
Other	—			—			—			(5		)
Benefit obligation at end of year	2,849			2,726			82			81
Changes in Plan Assets
Fair value of plan assets at beginning of year	2,261			2,031			—			—
Actual return on plan assets	260			259			—			—
Employer contributions	165			118			4			6
Plan participants’ contributions	—			—			3			3
Settlements paid	(272		)	—			—			—
Benefits paid	(97		)	(147		)	(7		)	(9		)
Other	—			—			4			—
Fair value of plan assets at end of year	2,317			2,261			4			—
Unfunded status at end of year	$	(532	)	$	(465	)	$	(78	)	$	(81	)

For the defined benefit pension plans, the accumulated benefit obligation is equal to the projected benefit obligation.

Amounts recognized in the Consolidated Balance Sheets consist of the following:



	Pension Benefits						Other Postretirement Benefits
	2015			2014			2015			2014
Accrued vacation, compensation and benefits	$	(2	)	$	(3	)	$	(6	)	$	(6	)
Pension and other postretirement benefit obligations	(530		)	(462		)	(72		)	(75		)
Total	$	(532	)	$	(465	)	$	(78	)	$	(81	)

Amounts recognized in Accumulated other comprehensive loss for the defined benefit pension and other postretirement benefit plans consist of the following:



	Pension Benefits						Other Postretirement Benefits
	2015			2014			2015			2014
Prior service benefit	$	—		$	—		$	45		$	55
Net actuarial loss	(696		)	(567		)	(28		)	(25		)
Total recognized in Accumulated other comprehensive loss	$	(696	)	$	(567	)	$	17		$	30
Total recognized in Accumulated other comprehensive loss, net of tax	$	(432	)	$	(324	)	$	9		$	17

Net periodic benefit cost (income) and other changes in plan assets and benefit obligations recognized in Other comprehensive (loss) income for defined benefit pension and other postretirement benefit plans consist of the following:



	Pension Benefits									Other Postretirement Benefits
	2015			2014			2013			2015			2014			2013
Net Periodic Benefit Cost
Service cost	$	—		$	—		$	—		$	1		$	2		$	2
Interest cost	121			121			123			4			4			5
Expected return on plan assets	(149		)	(141		)	(133		)	—			—			—
Amortization of prior service benefit	—			—			—			(16		)	(13		)	(12		)
Amortization of net actuarial loss	68			101			111			3			5			6
Settlement	64			—			—			—			—			—
Net periodic benefit cost (income)	104			81			101			(8		)	(2		)	1
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Loss) Income
Prior service benefit	—			—			—			(5		)	(11		)	—
Amortization of prior service benefit	—			—			—			16			12			13
Net actuarial loss (gain)	195			(259		)	46			6			(16		)	(7		)
Amortization of net actuarial loss	(66		)	(101		)	(110		)	(3		)	(5		)	(6		)
Total expense (benefit) recognized in Other comprehensive (loss) income	129			(360		)	(64		)	14			(20		)	—
Total expense (benefit) recognized in net periodic benefit cost (income) and Other comprehensive (loss) income	$	233		$	(279	)	$	37		$	6		$	(22	)	$	1

The estimated net actuarial loss that will be amortized from Accumulated other comprehensive loss into net periodic benefit cost for the defined benefit pension plans during fiscal 2016 is $79. The estimated net amount of prior service benefit and net actuarial loss for the postretirement benefit plans that will be amortized from Accumulated other comprehensive loss into net periodic benefit cost during fiscal 2016 is $10.

During fiscal 2015, the Company converted to the RP-2014 Aggregate mortality table for calculating the pension and other postretirement obligations and the annual expense. This change increased the projected benefit obligation by $182 and the accumulated postretirement benefit obligation by $6. This conversion is expected to increase the fiscal 2016 defined benefit pension plans expense by $32.

Assumptions

Weighted average assumptions used to determine benefit obligations and net periodic benefit cost consisted of the following:



	2015		2014		2013
Benefit obligation assumptions:
Discount rate⁽¹⁾	3.80	%	4.65	%	4.25	%
Rate of compensation increase	—	%	—	%	2.00	%
Net periodic benefit cost assumptions:⁽²⁾
Discount rate⁽¹⁾	4.65 – 4.10%		4.25	%	4.55	%
Rate of compensation increase	—	%	2.00	%	2.00	%
Expected return on plan assets⁽³⁾	7.00 – 6.50%		7.00	%	7.25	%

(1)

The Company reviews and selects the discount rate to be used in connection with measuring its pension and other postretirement benefit obligations annually. In determining the discount rate, the Company uses the yield on corporate bonds (rated AA or better) that coincides with the cash flows of the plans’ estimated benefit payouts. The model uses a yield curve approach to discount each cash flow of the liability stream at an interest rate specifically applicable to the timing of each respective cash flow. The model totals the present values of all cash flows and calculates the equivalent weighted average discount rate by imputing the singular interest rate that equates the total present value with the stream of future cash flows. This resulting weighted average discount rate is then used in evaluating the final discount rate to be used by the Company.


(2)	Net periodic benefit cost is measured using weighted average assumptions as of the beginning of each year.

(3)

Expected long-term return on plan assets is estimated by utilizing forward-looking, long-term return, risk and correlation assumptions developed and updated annually by the Company. These assumptions are weighted by the actual or target allocation to each underlying asset class represented in the pension plan asset portfolio. The Company also assesses the expected long-term return on plan assets assumption by comparison to long-term historical performance on an asset class to ensure the assumption is reasonable. Long-term trends are also evaluated relative to market factors such as inflation, interest rates, and fiscal and monetary policies in order to assess the capital market assumptions.

The Company calculates its expected return on plan assets by using the market related value of plan assets. The market related value of plan assets is determined by adjusting the actual fair value of plan assets for unrecognized gains or losses on plan assets. Unrecognized gains or losses represent the difference between actual returns and expected returns on plan assets for each fiscal year and are recognized by the Company evenly over a three year period. Since the market related value of assets recognizes gains or losses over a three year period, the future value of assets will be impacted as previously deferred gains or losses are recognized.

For those retirees whose health plans provide for variable employer contributions, the assumed healthcare cost trend rate used in measuring the accumulated postretirement benefit obligation before age 65 was 7.25 percent as of February 28, 2015. The assumed healthcare cost trend rate for retirees before age 65 will decrease by 0.25 percent for each year through fiscal 2026, until it reaches the ultimate trend rate of 4.50 percent. For those retirees whose health plans provide for variable employer contributions, the assumed healthcare cost trend rate used in measuring the accumulated postretirement benefit obligation after age 65 was 6.00 percent as of February 28, 2015. The assumed healthcare cost trend rate for retirees after age 65 will decrease through fiscal 2026, until it reaches the ultimate trend rate of 4.50 percent. For those retirees whose health plans provide for a fixed employer contribution rate, a healthcare cost trend is not applicable. The healthcare cost trend rate assumption would have the following impact on the amounts reported: a 100 basis point increase in the trend rate would impact the Company’s service and interest cost by less than $1 for fiscal 2015; a 100 basis point decrease in the trend rate would impact the Company’s accumulated postretirement benefit obligation as of the end of fiscal 2015 by approximately $7; and a 100 basis point increase would increase the Company’s accumulated postretirement benefit obligation by approximately $8.

Pension Plan Assets

Plan assets are held in a master trust and invested in separately managed accounts and other commingled investment vehicles holding domestic and international equity securities, domestic fixed income securities and other investment classes. The Company employs a total return approach whereby a diversified mix of asset class investments is used to maximize the long-term return of plan assets for an acceptable level of risk. Alternative investments are also used to enhance risk-adjusted long-term returns while improving portfolio diversification. Risk is managed through diversification across asset classes, multiple investment manager portfolios and both general and portfolio-specific investment guidelines. Risk tolerance is established through careful consideration of the plan liabilities, plan funded status and the Company’s financial condition. This asset allocation policy mix is reviewed annually and actual versus target allocations are monitored regularly and rebalanced on an as-needed basis. Plan assets are invested using a combination of active and passive investment strategies. Passive, or “indexed” strategies, attempt to mimic rather than exceed the investment performance of a market benchmark. The plan’s active investment strategies employ multiple investment management firms. Managers within each asset class cover a range of investment styles and approaches and are combined in a way that controls for capitalization, and style biases (equities) and interest rate exposures (fixed income) versus benchmark indices. Monitoring activities to evaluate performance against targets and measure investment risk take place on an ongoing basis through annual liability measurements, periodic asset/liability studies and quarterly investment portfolio reviews.

The asset allocation targets and the actual allocation of pension plan assets are as follows:



Asset Category	Target		2015		2014
Domestic equity	24.4	%	24.8	%	30.2	%
International equity	11.0	%	11.3	%	14.1	%
Private equity	6.2	%	6.2	%	5.5	%
Fixed income	48.7	%	48.1	%	41.3	%
Real estate	9.7	%	9.6	%	8.9	%
Total	100.0	%	100.0	%	100.0	%

The following is a description of the valuation methodologies used for investments measured at fair value:

Common stock—Valued at the closing price reported in the active market in which the individual securities are traded.

Common collective trusts—Valued at net asset value (“NAV”), which is based on the fair value of the underlying securities owned by the fund divided by the number of shares outstanding. The NAV unit price is quoted on a private market that is not active. However, the NAV is based on the fair value of the underlying securities within the fund, which are traded on an active market, and valued at the closing price reported on the active market on which those individual securities are traded.

Corporate bonds—Valued based on yields currently available on comparable securities of issuers with similar credit ratings. When quoted prices are not available for identical or similar bonds, the fair value is based upon an industry valuation model, which maximizes observable inputs.

Government securities—Certain government securities are valued at the closing price reported in the active market in which the security is traded. Other government securities are valued based on yields currently available on comparable securities of issuers with similar credit ratings.

Mortgage backed securities—Valued based on yields currently available on comparable securities of issuers with similar credit ratings. When quoted prices are not available for identical or similar bonds, the fair value is based upon an industry valuation model, which maximizes observable inputs.

Private equity and real estate partnerships—Valued using the most recent general partner statement of fair value, updated for any subsequent partnership interests’ cash flows or expected changes in fair value.

Mutual funds—Mutual funds are valued at the closing price reported in the active market in which the individual securities are traded.

Synthetic guaranteed investment contract—Valued by discounting the related cash flows based on current yields of similar instruments with comparable durations considering the credit-worthiness of the issuer.

Other—Valued under an approach that maximizes observable inputs, such as gathering consensus data from the market participant’s best estimate of mid-market pricing for actual trades or positions held.

The valuation methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Company believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement.

The fair value of assets of the Company’s defined benefit pension plans held in a master trust as of February 28, 2015, by asset category, consisted of the following:



	Level 1		Level 2		Level 3		Total
Common stock	$	489	$	—	$	—	$	489
Common collective trusts—fixed income	—		259		—		259
Common collective trusts—equity	—		336		—		336
Government securities	95		130		—		225
Mutual funds	53		286		—		339
Corporate bonds	—		292		—		292
Real estate partnerships	—		—		162		162
Private equity	—		—		144		144
Mortgage-backed securities	—		17		—		17
Other	48		6		—		54
Total plan assets at fair value	$	685	$	1,326	$	306	$	2,317

The fair value of assets of the Company’s defined benefit pension plans held in a master trust as of February 22, 2014, by asset category, consisted of the following:



	Level 1		Level 2		Level 3		Total
Common stock	$	579	$	—	$	—	$	579
Common collective trusts—fixed income	—		253		—		253
Common collective trusts—equity	—		344		—		344
Government securities	92		89		—		181
Mutual funds	52		243		—		295
Corporate bonds	—		290		—		290
Real estate partnerships	—		—		149		149
Private equity	—		—		125		125
Mortgage-backed securities	—		37		—		37
Other	—		8		—		8
Total plan assets at fair value	$	723	$	1,264	$	274	$	2,261

The following is a summary of changes in the fair value of Level 3 investments for 2015 and 2014:



	Real Estate Partnerships			Private Equity
Ending balance, February 23, 2013	$	136		$	110
Purchases	22			34
Sales	(26		)	(24		)
Unrealized gains	10			5
Realized gains and losses	7			—
Ending balance, February 22, 2014	149			125
Purchases	10			36
Sales	(7		)	(21		)
Unrealized gains	10			4
Realized gains and losses	—			—
Ending balance, February 28, 2015	$	162		$	144

Contributions

In August 2014, the Highway and Transportation Funding Act of 2014, which included an extension of pension funding interest rate relief, was signed into law. The Highway and Transportation Funding Act includes a provision for interest rate stabilization for defined benefit employee pension plans. As a result of this stabilization provision, the Company expects its required pension contributions to the SUPERVALU Retirement Plan to decrease significantly compared to fiscal 2015 for the next several years. The Company expects to contribute approximately $55 to $65 to its defined benefit pension plans and postretirement benefit plans in fiscal 2016.

The Company’s funding policy for the defined benefit pension plans is to contribute the minimum contribution required under the Employee Retirement Income Security Act of 1974, as amended, the Pension Protection Act of 2006 and other applicable laws, as determined by the Company’s external actuarial consultant with consideration given to contributing larger amounts. The Company had agreed to make $100 in aggregate contributions to the SUPERVALU Retirement Plan in excess of the minimum required contributions pursuant to a term sheet entered into with the PBGC in connection with the sale of NAI. On September 11, 2014, the Company, AB Acquisition and the PBGC amended the term sheet. Pursuant to that amendment, the Company made excess contributions of $47 to the SUPERVALU Retirement Plan and the Company no longer has any obligations or restrictions under the term sheet. The Company will recognize contributions in accordance with applicable regulations, with consideration given to recognition for the earliest plan year permitted.

At the Company’s discretion, additional funds may be contributed to the pension plan. The Company may accelerate contributions or undertake contributions in excess of the minimum requirements from time to time subject to the availability of cash in excess of operating and financing needs or other factors as may be applicable. The Company assesses the relative attractiveness of the use of cash including such factors as expected return on assets, discount rates, cost of debt, reducing or eliminating required PBGC variable rate premiums or the ability to achieve exemption from participant notices of underfunding.

Lump Sum Pension Settlement

During the third quarter of fiscal 2015, the Company made lump sum settlement payments to certain deferred vested pension plan participants under a lump sum payment option window. The payments were equal to the present value of the participant’s pension benefits, and were made to certain former employees who were deferred vested participants in the SUPERVALU Retirement Plan, who had not yet begun receiving monthly pension benefit payments and who elected to participate in the lump sum payment option window. In fiscal 2015, the SUPERVALU Retirement Plan made lump sum settlement payments of approximately $272. The lump sum settlement payments resulted in a non-cash pension settlement charge of $64 from the acceleration of a portion of the accumulated unrecognized actuarial loss. As a result of the lump sum settlements, the SUPERVALU Retirement Plan assets and liabilities were re-measured at November 29, 2014 using a discount rate of 4.1 percent, an expected rate of return on plan assets of 6.5 percent and the RP-2014 Generational Mortality Table. The November 29, 2014 re-measurement resulted in an increase to Accumulated other comprehensive loss of $200 pre-tax ($141 after-tax) and a corresponding decrease to the SUPERVALU Retirement Plan's funded status.

Estimated Future Benefit Payments

The estimated future benefit payments to be made from the Company’s defined benefit pension and other postretirement benefit plans, which reflect expected future service, are as follows:



Fiscal Year	Pension Benefits		Other Postretirement Benefits
2016	$	139	$	6
2017	129		5
2018	137		5
2019	142		5
2020	153		6
Years 2021-2025	843		28

Defined Contribution Plans

The Company sponsors several defined contribution and profit sharing plans pursuant to Section 401(k) of the Internal Revenue Code. Employees may contribute a portion of their eligible compensation to the plans on a pre-tax basis. The Company matches a portion of employee contributions by contributing cash into the investment options selected by the employees. The total amount contributed by the Company to the plans is determined by plan provisions or at the discretion of the Company. Total employer contribution expenses for these plans were $16, $11 and $17 for fiscal 2015, 2014 and 2013, respectively. Matching contributions were reduced or eliminated in January 2013 for most employees. The Company adopted and made a discretionary match for fiscal 2015 for employees who had their matching contributions eliminated. Plan investment options no longer include shares of the Company's common stock.

Post-Employment Benefits

The Company recognizes an obligation for benefits provided to former or inactive employees. The Company is self-insured for certain disability plan programs, which comprise the primary benefits paid to inactive employees prior to retirement.

Amounts recognized in the Consolidated Balance Sheets consisted of the following:



	Post-Employment Benefits
	2015		2014
Accrued vacation, compensation and benefits	$	8	$	9
Other long-term liabilities	10		15
Total	$	18	$	24

Multiemployer Plans

The Company contributes to various multiemployer pension plans under collective bargaining agreements, primarily defined benefit pension plans. These multiemployer plans generally provide retirement benefits to participants based on their service to contributing employers. The benefits are paid from assets held in trust for that purpose. Plan trustees typically are responsible for determining the level of benefits to be provided to participants as well as the investment of the assets and plan administration. Trustees are appointed in equal number by employers and the unions that are parties to the collective bargaining agreement.

Expense is recognized in connection with these plans as contributions are funded, in accordance with U.S. generally accepted accounting standards. The Company contributed $39, $39 and $38 to these plans for fiscal years 2015, 2014 and 2013, respectively. The risks of participating in these multiemployer plans are different from the risks associated with single-employer plans in the following respects:


a.	Assets contributed to the multiemployer plan by one employer are held in trust and may be used to provide benefits to employees of other participating employers.


b.	If a participating employer stops contributing to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers.


c.	If the Company chooses to stop participating in some multiemployer plans, or makes market exits or store closures or otherwise has participation in the plan drop below certain levels, the Company may be required to pay those plans an amount based on the underfunded status of the plan, referred to as a withdrawal liability.

The Company’s participation in these plans is outlined in the table below. The EIN-Pension Plan Number column provides the Employer Identification Number (“EIN”) and the three-digit plan number, if applicable. Unless otherwise noted, the most recent Pension Protection Act (“PPA”) zone status available in 2015 and 2014 relates to the plans’ two most recent fiscal year-ends. The zone status is based on information that the Company received from the plan and is certified by each plan’s actuary. Among other factors, red zone status plans are generally less than 65 percent funded and are considered in critical status, plans in yellow zone or orange zone status are less than 80 percent funded and are considered in endangered or seriously endangered status, and green zone plans are at least 80 percent funded. The FIP/RP Status Pending/Implemented column indicates plans for which a funding improvement plan (“FIP”) or a rehabilitation plan (“RP”) is either pending or has been implemented by the trustees of each plan.

Certain plans have been aggregated in the All Other Multiemployer Pension Plans line in the following table, as the contributions to each of these plans are not individually material. None of the Company’s collective bargaining agreements require that a minimum contribution be made to these plans. Multiemployer pension plan contributions and participants were generally comparable for fiscal 2015, 2014 and 2013.

At the date the financial statements were issued, Forms 5500 were generally not available for the plan years ending in 2014.

The following table contains information about the Company’s multiemployer plans:



	EIN—Pension Plan Number	Plan Month/Day End Date	Pension Protection Act Zone Status		FIP/RP Status Pending/ Implemented	Contributions						Surcharges Imposed⁽¹⁾	Amortization Provisions
Pension Fund	EIN—Pension Plan Number	Plan Month/Day End Date	2015	2014	FIP/RP Status Pending/ Implemented	2015		2014		2013		Surcharges Imposed⁽¹⁾	Amortization Provisions
Minneapolis Food Distributing Industry Pension Plan	416047047-001	12/31	Green	Green	Implemented	$	10	$	9	$	9	No	Yes
Central States, Southeast and Southwest Areas Pension Fund	366044243-001	12/31	Red	Red	Implemented	8		8		9		No	No
Minneapolis Retail Meat Cutters and Food Handlers Pension Fund	410905139-001	2/28	Yellow	Yellow	Implemented	7		8		8		No	No
UFCW Unions and Participating Employers Pension Plan	526117495-002	12/31	Red	Red	Implemented	4		4		3		No	No
Western Conference of Teamsters Pension Plan	916145047-001	12/31	Green	Green	No	4		3		2		No	Yes
UFCW Union Local 655 Food Employers Joint Pension Plan	436058365-001	12/31	Green	Green	No	2		2		2		Yes	Yes
UFCW Unions and Employers Pension Plan	396069053-001	10/31	Red	Red	Implemented	1		2		2		Yes	No
All Other Multiemployer Pension Plans⁽²⁾						3		3		3
Total						$	39	$	39	$	38


(1)	PPA surcharges are 5 percent or 10 percent of eligible contributions and may not apply to all collective bargaining agreements or total contributions to each plan.


(2)	All Other Multiemployer Pension Plans includes 12 plans, none of which are individually significant when considering the Company's contributions to the plan, severity of the underfunded status or other factors.

The following table describes the expiration of the Company’s collective bargaining agreements associated with the significant multiemployer plans in which the Company participates:



			Most Significant Collective Bargaining Agreement
Pension Fund	Range of Collective Bargaining Agreement Expiration Dates	Total Collective Bargaining Agreements	Expiration Date	% of Associates under Collective Bargaining Agreement ⁽¹⁾		Over 5% Contribution 2014
Minneapolis Food Distributing Industry Pension Plan	6/01/2013 – 05/31/2015	1	5/31/2015	100.0	%	Yes
Central States, Southeast and Southwest Areas Pension Fund	6/01/2011 – 8/31/2017	10	5/31/2016	28.7	%	No
Minneapolis Retail Meat Cutters and Food Handlers Pension Fund	3/2/2014 – 3/5/2016	1	3/5/2016	100.0	%	Yes
UFCW Unions and Participating Employers Pension Plan	7/13/2014 – 7/8/2017	2	7/8/2017	68.9	%	Yes
Western Conference of Teamsters Pension Plan	4/17/2011 – 7/15/2017	8	7/15/2017	50.2	%	No
UFCW Union Local 655 Food Employers Joint Pension Plan	5/13/2013 – 5/8/2016	1	5/8/2016	100.0	%	Yes
UFCW Unions and Employers Pension Plan	4/6/2014 – 4/2/2016	1	4/2/2016	90.0	%	Yes


(1)	Company participating employees in the most significant collective bargaining agreement as a percent of all Company employees participating in the respective fund.

Multiemployer Postretirement Benefit Plans Other than Pensions

The Company also makes contributions to multiemployer health and welfare plans in amounts set forth in the related collective bargaining agreements. These plans provide medical, dental, pharmacy, vision and other ancillary benefits to active employees and retirees as determined by the trustees of each plan. The vast majority of the Company’s contributions benefit active employees and as such, may not constitute contributions to a postretirement benefit plan. However, the Company is unable to separate contribution amounts to postretirement benefit plans from contribution amounts paid to benefit active employees.

The Company contributed $89, $87 and $90 for fiscal 2015, 2014 and 2013, respectively, to multiemployer health and welfare plans. If healthcare provisions within these plans cannot be renegotiated in a manner that reduces the prospective healthcare cost as the Company intends, the Company’s Selling and administrative expenses could increase in the future.

Collective Bargaining Agreements

As of February 28, 2015, the Company had approximately 38,500 employees. Approximately 16,000 employees are covered by 49 collective bargaining agreements. During fiscal 2015, 19 collective bargaining agreements covering 11,700 employees were renegotiated and four collective bargaining agreements covering approximately 800 employees expired without their terms being renegotiated. Negotiations are expected to continue with the bargaining units representing the employees subject to those agreements. During fiscal 2016, eight collective bargaining agreements covering approximately 1,200 employees are scheduled to expire.