XML 16 R3.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Sep. 10, 2016
Sep. 12, 2015
Sep. 10, 2016
Sep. 12, 2015
Income Statement [Abstract]        
Net sales $ 3,865 $ 4,062 $ 9,061 $ 9,469
Cost of sales 3,303 3,479 7,720 8,076
Gross profit 562 583 1,341 1,393
Selling and administrative expenses 474 489 1,120 1,141
Operating earnings 88 94 221 252
Interest expense, net 41 44 101 103
Equity in earnings of unconsolidated affiliates (1) 0 (2) (2)
Earnings from continuing operations before income taxes 48 50 122 151
Income tax provision 18 19 45 57
Net earnings from continuing operations 30 31 77 94
Income from discontinued operations, net of tax 2 2 2 3
Net earnings including noncontrolling interests 32 33 79 97
Less net earnings attributable to noncontrolling interests (1) (2) (2) (5)
Net earnings attributable to SUPERVALU INC. $ 31 $ 31 $ 77 $ 92
Basic net earnings per share attributable to SUPERVALU INC.:        
Continuing operations (in dollars per share) $ 0.11 $ 0.11 $ 0.28 $ 0.34
Discontinued operations (in dollars per share) 0.01 0.01 0.01 0.01
Basic net earnings per share (in dollars per share) 0.12 0.12 0.29 0.35
Diluted net earnings per share attributable to SUPERVALU INC.:        
Continuing operations (in dollars per share) 0.11 0.11 0.28 0.33
Discontinued operations (in dollars per share) 0.01 0.01 0.01 0.01
Diluted net earnings per share (in dollars per share) $ 0.12 $ 0.11 $ 0.29 $ 0.34
Weighted average number of shares outstanding:        
Basic (in shares) 265 263 264 262
Diluted (in shares) 267 268 267 268