XML 24 R10.htm IDEA: XBRL DOCUMENT v3.21.2
LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS
4 Months Ended
Jun. 19, 2021
Debt Disclosure [Abstract]  
LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS
The Company's long-term debt and finance lease obligations as of June 19, 2021 and February 27, 2021, net of unamortized debt discounts of $43.8 million and $44.8 million, respectively, and deferred financing costs of $66.2 million and $69.8 million, respectively, consisted of the following (in millions):
June 19,
2021
February 27,
2021
Senior Unsecured Notes due 2023 to 2030, interest rate range of 3.25% to 7.50%
$6,683.9 $6,680.5 
Safeway Inc. Notes due 2021 to 2031, interest rate range of 4.75% to 7.45%
504.2 504.3 
New Albertsons L.P. Notes due 2026 to 2031, interest rate range of 6.52% to 8.70%
470.3 469.1 
Other financing obligations29.4 29.4 
Mortgage notes payable, secured17.4 17.6 
Finance lease obligations 654.9 612.7 
Total debt8,360.1 8,313.6 
Less current maturities(214.3)(212.4)
Long-term portion$8,145.8 $8,101.2 

ABL Facility

As of June 19, 2021 and February 27, 2021, there were no amounts outstanding under the Company's asset-based loan facility ("ABL Facility"), and letters of credit ("LOC") issued under the LOC sub-facility were $349.1 million and $354.6 million, respectively.