XML 47 R36.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
PROPOSED MERGER WITH ALBERTSONS COMPANIES, INC. (Details)
$ / shares in Units, $ in Millions
Apr. 12, 2024
USD ($)
Feb. 26, 2024
state
Nov. 09, 2022
USD ($)
Oct. 13, 2022
USD ($)
$ / shares
Apr. 22, 2024
USD ($)
facility
store
Sep. 08, 2023
Center
Office
store
Disposed by Sale | Disposal of stores, distribution, office and private label brands | C&S wholesale grocers, LLC            
Business Acquisition [Line Items]            
Disposal group, including discontinued operation, number of stores to be sold | store           413
Number of distribution centers to be sold in a disposal group | Center           8
Number of offices to be sold in a disposal group | Office           2
Consideration for sale         $ 2,900  
Number of additional stores to be sold in a disposal group | store         166  
Number of dairy facility | facility         1  
Albertsons            
Business Acquisition [Line Items]            
Conversion share price | $ / shares       $ 34.10    
Special cash dividend payable | $ / shares       6.85    
Expected adjusted cash purchase price | $ / shares       $ 27.25    
Number of days extension for agreement termination on increments       30 days    
Termination fee if merger agreement is terminated       $ 600    
Number states joining suit to block merger | state   9        
Minimum period after court rules to close merger   5 days        
Albertsons | Senior unsecured bridge term loan facility            
Business Acquisition [Line Items]            
Debt term       364 days    
Maximum borrowing capacity $ 10,650   $ 12,650 $ 17,400    
Reduction in facility amount $ 2,000   4,750      
Albertsons | Senior unsecured term loan facility | Maturing on the third anniversary of the merger closing date            
Business Acquisition [Line Items]            
Debt face amount     $ 3,000      
Albertsons | Senior unsecured term loan facility | Maturing on the date that is 18 months after the merger closing date            
Business Acquisition [Line Items]            
Debt term     18 months      
Debt face amount     $ 1,750      
Albertsons | Maximum            
Business Acquisition [Line Items]            
Number of days extension for agreement termination       270 days