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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Sep. 10, 2016
Sep. 12, 2015
Cash flows from operating activities    
Net earnings including noncontrolling interests $ 79 $ 97
Income from discontinued operations, net of tax 2 3
Net earnings from continuing operations 77 94
Adjustments to reconcile Net earnings from continuing operations to Net cash provided by operating activities – continuing operations:    
Asset impairment and other charges 2 2
Loss on debt extinguishment 7 0
Net gain on sale of assets and exits of surplus leases (1) (2)
Depreciation and amortization 149 147
LIFO charge 2 5
Deferred income taxes 16 (22)
Stock-based compensation 10 13
Net pension and other postretirement benefits (income) expense (13) 20
Contributions to pension and other postretirement benefit plans (2) (38)
Other adjustments 9 16
Changes in operating assets and liabilities, net of effects from business acquisitions 19 41
Net cash provided by operating activities – continuing operations 275 276
Net cash provided by operating activities – discontinued operations 3 1
Net cash provided by operating activities 278 277
Cash flows from investing activities    
Proceeds from sale of assets 1 2
Purchases of property, plant and equipment (110) (94)
Payments for business acquisitions (6) (6)
Other 0 (21)
Net cash used in investing activities (115) (119)
Cash flows from financing activities    
Proceeds from issuance of debt 58 0
Proceeds from sale of common stock 0 9
Payments of debt and capital lease obligations (211) (27)
Payments for debt financing costs (5) 0
Distributions to noncontrolling interests (5) (7)
Net cash used in financing activities (163) (25)
Net increase in cash and cash equivalents 0 133
Cash and cash equivalents at beginning of period 57 114
Cash and cash equivalents at the end of period 57 247
The Company’s non-cash investing and financing activities were as follows:    
Purchases of property, plant and equipment included in Accounts payable 21 20
Capital lease asset additions 7 10
Interest and income taxes paid:    
Interest paid, net of amounts capitalized 79 85
Income taxes paid, net $ 6 $ 27