TAXES BASED ON INCOME (Tables)

12 Months Ended

Feb. 01, 2025

TAXES BASED ON INCOME

Schedule of provision for taxes based on income

	2024		2023		2022
Federal
Current	$	622	$	707	$	401
Deferred		(62)		(130)		162
Subtotal federal		560		577		563
State and local
Current		97		114		91
Deferred		13		(24)		(1)
Subtotal state and local		110		90		90
Total	$	670	$	667	$	653

Schedule of reconciliation of the statutory federal rate and the effective rate

	2024		2023		2022
Statutory rate	21.0	%	21.0	%	21.0	%
State income taxes, net of federal tax benefit	2.6		2.5		2.5
Credits	(0.8)		(1.1)		(0.8)
Resolution of tax audit examinations	(0.2)		—		(0.2)
Excess tax benefits from share-based payments	(0.9)		(0.7)		(1.9)
Impairment of goodwill related to Vitacost.com	—		—		1.2
Non-deductible legal settlements	(0.1)		1.4		—
Non-deductible executive compensation	0.2		0.3		0.5
Tax benefit from sale of Kroger Specialty Pharmacy	(0.9)		—		—
Other changes, net	(0.9)		0.1		0.2
Effective income tax rate	20.0	%	23.5	%	22.5	%

Schedule of the tax effects of significant temporary differences that comprise tax balances

	2024		2023
Deferred tax assets:
Compensation related costs	$	338	$	361
Lease liabilities		2,126		2,100
Closed store reserves		58		51
Net operating loss and credit carryforwards		70		76
Deferred income		83		102
Legal settlements		303		313
Allowance for uncollectible receivables		24		30
Other		44		—
Subtotal		3,046		3,033
Valuation allowance		(54)		(55)
Total deferred tax assets		2,992		2,978
Deferred tax liabilities:
Depreciation and amortization		(1,895)		(2,038)
Operating lease assets		(2,002)		(1,985)
Insurance related costs		(229)		(241)
Inventory related costs		(283)		(259)
Other		—		(16)
Total deferred tax liabilities		(4,409)		(4,539)
Net deferred tax liabilities	$	(1,417)	$	(1,561)

Schedule of reconciliation of beginning and ending amounts of unrecognized tax benefits

	2024		2023		2022
Beginning balance	$	90	$	93	$	100
Additions based on tax positions related to the current year		11		10		8
Additions for tax positions of prior years		12		3		6
Reductions for tax positions of prior years		—		(9)		(4)
Settlements		(4)		(1)		(9)
Lapse of statute		(7)		(6)		(8)
Ending balance	$	102	$	90	$	93