
	Quarter
	First		Second		Third		Fourth		Total Year
2017	(16 Weeks)			(12 Weeks)		(12 Weeks)		(13 Weeks)		(53 Weeks)
Sales	$	36,285	$	27,597	$	27,749	$	31,031	$	122,662
Merchandise costs, including advertising, warehousing, and transportation, excluding items shown separately below		28,281		21,609		21,532		24,240		95,662
Operating, general and administrative		6,376		4,523		4,708		5,962		21,568
Rent		270		225		196		220		911
Depreciation and amortization		736		562		573		565		2,436

Operating profit		622		678		740		44		2,085
Interest expense		177		138		136		148		601

Earnings (loss) before income tax expense		445		540		604		(104)		1,484
Income tax expense (benefit)		148		189		215		(957)		(405)

Net earnings including noncontrolling interests		297		351		389		853		1,889
Net loss attributable to noncontrolling interests		(6)		(2)		(8)		(1)		(18)

Net earnings attributable to The Kroger Co.	$	303	$	353	$	397	$	854	$	1,907

Net earnings attributable to The Kroger Co. per basic common share	$	0.33	$	0.39	$	0.44	$	0.97	$	2.11

Average number of shares used in basic calculation		914		897		887		875		895

Net earnings attributable to The Kroger Co. per diluted common share	$	0.32	$	0.39	$	0.44	$	0.96	$	2.09

Average number of shares used in diluted calculation		925		905		893		884		904

Dividends declared per common share	$	0.120	$	0.125	$	0.125	$	0.125	$	0.495

Annual amounts may not sum due to rounding.

Net earnings for the first quarter of 2017 include $199, $126 net of tax, related to the withdrawal liability for certain multi-employer pension funds and $184, $117 net of tax, related to the voluntary retirement offering.

Net earnings for the fourth quarter of 2017 include charges to operating, general and administrative expenses of $351, $234 net of tax, related to obligations from withdrawing from and settlements of withdrawal liabilities for certain multi-employer pension funds, $110, $74 net of tax, related to the Kroger Specialty Pharmacy goodwill impairment and $502, $335 net of tax, related to a company-sponsored pension plan termination.

Net earnings for the fourth quarter of 2017 include a reduction to depreciation and amortization expenses of $19, $13 net of tax, related to held for sale assets. Net earnings for the fourth quarter 2017 include a reduction to income tax expense of $922 primarily due to the re-measurement of deferred tax liabilities and the reduction of the statutory rate for the last five weeks of the fiscal year from the Tax Cuts and Jobs Act. In addition, net earnings include $119, $79 net of tax, due to a 53rd week in fiscal year 2017.


	Quarter
	First		Second		Third		Fourth		Total Year
2016	(16 Weeks)		(12 Weeks)		(12 Weeks)		(12 Weeks)		(52 Weeks)
Sales	$	34,604	$	26,565	$	26,557	$	27,611	$	115,337
Merchandise costs, including advertising, warehousing, and transportation, excluding items shown separately below		26,669		20,697		20,653		21,483		89,502
Operating, general and administrative		5,779		4,473		4,443		4,483		19,178
Rent		262		205		199		215		881
Depreciation and amortization		694		525		549		572		2,340

Operating profit		1,200		665		713		858		3,436
Interest expense		155		116		124		126		522

Earnings before income tax expense		1,045		549		589		732		2,914
Income tax expense		350		171		206		230		957

Net earnings including noncontrolling interests		695		378		383		502		1,957
Net loss attributable to noncontrolling interests		(1)		(5)		(8)		(4)		(18)

Net earnings attributable to The Kroger Co.	$	696	$	383	$	391	$	506	$	1,975

Net earnings attributable to The Kroger Co. per basic common share	$	0.72	$	0.40	$	0.41	$	0.54	$	2.08

Average number of shares used in basic calculation		954		943		940		929		942

Net earnings attributable to The Kroger Co. per diluted common share	$	0.71	$	0.40	$	0.41	$	0.53	$	2.05

Average number of shares used in diluted calculation		966		959		953		943		958

Dividends declared per common share	$	0.105	$	0.120	$	0.120	$	0.120	$	0.465