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QUARTERLY INFORMATION (unaudited) (Tables)
 12 Months Ended
Feb. 23, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data
The summarized quarterly financial data presented below reflects all adjustments, which in the opinion of management, are of a normal and recurring nature and are necessary for a fair statement of the results for the interim periods presented (in millions):
                                         
 
Fiscal 2018
 
 
52
Weeks
 
  
Last 12
Weeks
 
  
Third 12
Weeks
 
  
Second 12
Weeks
 
  
First 16
Weeks
 
Net sales and other revenue
  $
60,534.5
     $
14,016.6
     $
13,840.4
     $
14,024.1
     $
18,653.4
  
Gross profit
   
16,894.6
      
4,058.7
      
3,852.4
      
3,812.8
      
5,170.7
  
Operating income
   
787.3
      
288.4
      
174.4
      
131.4
      
193.1
  
Income (loss) before income taxes
   
52.2
      
137.0
      
(19.8
 )    
(44.3
 )    
(20.7
 )
Income tax (benefit) expense
   
(78.9
 )    
1.4
      
(65.4
 )    
(11.9
 )    
(3.0
 )
                                         
Net income (loss)
  $
131.1
     $
135.6
     $
45.6
     $
(32.4
 )   $
(17.7
 )
                                         
Basic and diluted net income (loss) per common share
   $
0.47
     $
0.49
     $
0.16
     $
(0.12
 )   $
(0.06
 )
 
                                         
 
Fiscal 2017
 
 
52
Weeks
 
  
Last 12
Weeks
 
  
Third 12
Weeks
 
  
Second 12
Weeks
 
  
First 16
Weeks
 
Net sales and other revenue
  $
59,924.6
     $
14,033.7
     $
13,599.2
     $
13,831.7
     $
18,460.0
  
Gross profit
   
16,361.1
      
3,948.3
      
3,624.6
      
3,729.7
      
5,058.5
  
Operating (loss) income(1)
   
(56.6
 )    
181.8
      
(101.0
 )    
(219.8
 )    
82.4
  
(Loss) income before income taxes
   
(917.5
 )    
15.3
      
(305.4
 )    
(422.9
 )    
(204.5
 )
Income tax (benefit) expense
   
(963.8
 )    
(373.0
 )    
(523.5
 )    
(67.7
 )    
0.4
  
                                         
Net income (loss)
  $
46.3
     $
388.3
     $
218.1
     $
(355.2
 )   $
(204.9
 )
                                         
Basic and diluted net income (loss) per common share
   $
0.17
     $
1.39
     $
0.78
     $
(1.27
 )   $
(0.73
 )
 
 
 
 
 
(1) Fiscal 2017 has been adjusted for the retrospective adoption of Accounting Standards Update (“ASU”)
2017-07,
“
Compensation—Retirement Benefits (Topic 715)—Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” in
 the first quarter of fiscal 2018. We reclassified
non-service
pension and post-retirement cost components to Other income from Selling and administrative expenses. See Note 1 - Description of business, basis of presentation and summary of significant accounting policies.