DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Feb. 24, 2018

Feb. 25, 2017

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The carrying amounts of major classes of assets and liabilities that were classified as held-for-sale on the Consolidated Balance Sheets were as follows:

	February 24, 2018		February 25, 2017
Current assets
Cash and cash equivalents	$	7	$	5
Receivables, net	8		10
Inventories, net	109		119
Other current assets	6		4
Total current assets of discontinued operations	130		138
Long-term assets
Property, plant and equipment, net	74		128
Intangible assets, net	1		2
Deferred tax assets	8		2
Other assets	1		2
Total long-term assets of discontinued operations	84		134
Total assets held for sale	$	214	$	272
Current liabilities
Accounts payable	$	51	$	59
Accrued vacation, compensation and benefits	20		18
Current maturities of capital lease obligations	2		2
Other current liabilities	9		10
Total current liabilities of discontinued operations	82		89
Long-term liabilities
Long-term capital lease obligations	14		17
Other long-term liabilities	3		—
Total long-term liabilities of discontinued operations	17		17
Total liabilities of discontinued operations	99		106
Net assets of discontinued operations	$	115	$	166

Operating results of discontinued operations are summarized below:

	2018			2017			2016
Net sales	$	1,522		$	5,097		$	6,245
Cost of sales	1,141			4,145			5,132
Gross profit	381			952			1,113
Selling and administrative expenses	409			854			909
Goodwill impairment charge	—			39			—
Gain on sale	—			(637		)	—
Operating (loss) earnings	(28		)	696			204
Interest expense (income), net	—			(4		)	(5		)
(Loss) earnings from discontinued operations before income taxes	(28		)	700			209
Income tax (benefit) provision	(25		)	81			72
(Loss) income from discontinued operations, net of tax	$	(3	)	$	619		$	137

Gain on Save-A-Lot Sale

The following table provides the composition of the gain on the sale of Save-A-Lot:

	2017
Purchase price	$	1,304
Disposed of balance sheet assets and liabilities, net	(635		)
Transaction costs and other	(32		)
Pre-tax gain on sale	637
Income tax provision	(60		)
After-tax gain on sale	$	577