XML 25 R14.htm IDEA: XBRL DOCUMENT v3.20.2
OTHER COMPREHENSIVE INCOME OR LOSS
 4 Months Ended
Jun. 20, 2020
Equity [Abstract]  
OTHER COMPREHENSIVE INCOME OR LOSS OTHER COMPREHENSIVE INCOME OR LOSS

Total comprehensive earnings are defined as all changes in stockholders' equity during a period, other than those from investments by or distributions to the stockholders. Generally, for the Company, total comprehensive income or loss equals net income plus or minus adjustments for pension and other post-retirement liabilities, interest rate swaps and foreign currency translation adjustments. Total comprehensive earnings represent the activity for a period net of tax.

While total comprehensive earnings are the activity in a period and are largely driven by net earnings in that period, accumulated other comprehensive income or loss ("AOCI") represents the cumulative balance of other comprehensive income, net of tax, as of the balance sheet date. Changes in the AOCI balance by component are shown below (in millions):
 
16 weeks ended June 20, 2020
 
Total
 
Interest rate swaps
 
Pension and Post-retirement benefit plans
 
Other
Beginning balance
$
(118.5
)
 
$
—

 
$
(121.7
)
 
$
3.2

Other comprehensive income before reclassifications
1.2

 
—

 
—

 
1.2

Amounts reclassified from accumulated other comprehensive income
1.1

 
—

 
1.1

 
—

Tax expense
(0.6
)
 
—

 
(0.3
)
 
(0.3
)
Current-period other comprehensive income, net of tax
1.7

 
—

 
0.8

 
0.9

Ending balance
$
(116.8
)
 
$
—

 
$
(120.9
)
 
$
4.1


 
16 weeks ended June 15, 2019
 
Total
 
Interest rate swaps
 
Pension and Post-retirement benefit plans
 
Other
Beginning balance
$
91.3

 
$
3.4

 
$
88.8

 
$
(0.9
)
Cumulative effect of accounting change (1)
16.6

 
1.2

 
14.9

 
0.5

Other comprehensive (loss) income before reclassifications
(23.9
)
 
(35.7
)
 
10.1

 
1.7

Amounts reclassified from accumulated other comprehensive income
(1.2
)
 
(2.5
)
 
1.3

 
—

Tax benefit (expense)
6.6

 
10.0

 
(2.9
)
 
(0.5
)
Current-period other comprehensive (loss) income, net of tax
(1.9
)
 
(27.0
)
 
23.4

 
1.7

Ending balance
$
89.4

 
$
(23.6
)
 
$
112.2

 
$
0.8


(1) Related to the fiscal 2019 adoption of ASU 2018-02, "Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income".