Comprehensive Income

12 Months Ended

Mar. 03, 2012

Capital Stock/Comprehensive Income [Abstract]

Comprehensive Income

14. COMPREHENSIVE INCOME

The components of comprehensive income are shown in the following table:

	For the year ended
	March 3, 2012			February 26, 2011			February 27, 2010
Net income	$	1,164		$	3,411		$	2,457
Net change in unrealized gains (losses) on available-for-sale investments		(3	)		(2	)		7
Net change in fair value of derivatives designated as cash flow hedges during the year, net of income tax of $4 million (February 26, 2011 - tax recovery of $7 million ; February 27, 2010 - income taxes of $13 million)		14			(20	)		28
Amounts reclassified to earnings during the year, net of income tax recovery of $14 million (February 26, 2011 - income taxes of $16 million; February 27, 2010 - tax recovery of $6 million)		39			(39	)		15
Comprehensive income	$	1,214		$	3,350		$	2,507

The components of accumulated other comprehensive income (loss) are as follows:

	As at
	March 3, 2012		February 26, 2011			February 27, 2010
Accumulated net unrealized gains on available-for-sale investments	$	2	$	5		$	7
Accumulated net unrealized gains (losses) on derivative instruments designated as cash flow hedges		38		(15	)		44
Total accumulated other comprehensive income (loss)	$	40	$	(10	)	$	51

The components of unrealized gains (losses) on derivative instruments are as follows:

	As at
	March 3, 2012			February 26, 2011
Unrealized gains included in other current assets	$	72		$	64
Unrealized losses included in accrued liabilities		(35	)		(130	)
Net fair value of unrealized gains (losses) on derivative instruments	$	37		$	(66	)