XML 21 R3.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Feb. 25, 2017
Feb. 27, 2016
Feb. 28, 2015
Income Statement [Abstract]      
Net sales $ 12,480 $ 12,907 $ 13,277
Cost of sales 10,693 11,033 11,379
Gross profit 1,787 1,874 1,898
Selling and administrative expenses 1,589 1,570 1,648
Goodwill and intangible asset impairment charges 15 6 0
Operating earnings 183 298 250
Interest expense, net 181 195 242
Equity in earnings of unconsolidated affiliates (5) (5) (4)
Earnings from continuing operations before income taxes 7 108 12
Income tax (benefit) provision (20) 24 (13)
Net earnings from continuing operations 27 84 25
Income from discontinued operations, net of tax 627 102 174
Net earnings including noncontrolling interests 654 186 199
Less net earnings attributable to noncontrolling interests (4) (8) (7)
Net earnings attributable to SUPERVALU INC. $ 650 $ 178 $ 192
Basic net earnings per common share:      
Basic net earnings per share from continuing operations (usd per share) $ 0.09 $ 0.29 $ 0.07
Basic net earnings per share from discontinued operations (usd per share) 2.37 0.39 0.67
Basic net earnings per share (usd per share) 2.45 0.68 0.74
Diluted net earnings per common share:      
Diluted net earnings per share from continuing operations (usd per share) 0.09 0.28 0.07
Diluted net earnings per share from discontinued operations (usd per share) 2.34 0.38 0.66
Diluted net earnings per share (usd per share) $ 2.43 $ 0.66 $ 0.73
Weighted average number of shares outstanding:      
Basic 265 263 260
Diluted 268 268 264