XML 73 R63.htm IDEA: XBRL DOCUMENT v3.21.4
Indebtedness and Credit Agreement - Credit Facility (Details) - USD ($)
$ in Thousands
9 Months Ended
Aug. 20, 2021
Nov. 27, 2021
May 28, 2021
Feb. 27, 2021
Jul. 24, 2020
Jul. 10, 2020
Jun. 25, 2020
Dec. 20, 2018
Credit facility                
Cash sweep, 3-day minimum threshold   $ 275,000            
Cash sweep, 1-day minimum threshold   $ 200,000            
Rite Aid Lease Management Company                
Credit facility                
Ownership interest (as a percent)   100.00%            
Senior secured credit facility                
Credit facility                
Outstanding borrowings   $ 1,500,000            
Maximum amount of accumulated cash on hand   200,000            
Amount of debt allowed to be outstanding   1,500,000            
Threshold amount of debt   $ 750,000            
Number of days relating to debt threshold   90 days            
Minimum principal balance for which non-payment causes default   $ 50,000            
Senior secured credit facility | Minimum                
Credit facility                
Fixed charge coverage ratio   1.00            
Senior secured revolving credit facility due December 2023                
Credit facility                
Maximum borrowing capacity               $ 2,700,000
Principal amount of debt   $ 0   $ 850,000        
Letters of credit outstanding   134,572            
Additional borrowing capacity   1,515,428            
Senior secured revolving credit facility due December 2023 | Minimum                
Credit facility                
Additional borrowing capacity   365,000            
Threshold availability on thirtieth consecutive day   250,000            
Senior secured revolving credit facility due December 2023 | Maximum                
Credit facility                
Threshold availability on revolving credit facility to trigger fixed charge coverage requirements   200,000            
Threshold availability on the third consecutive business day   250,000            
FILO term loan due December 2023                
Credit facility                
Maximum borrowing capacity               450,000
Principal amount of debt   0   450,000       450,000
FILO term loan due August 2026 [Member]                
Credit facility                
Maximum borrowing capacity $ 350,000              
Principal amount of debt   350,000   0        
FILO term loan due August 2026 [Member] | LIBOR                
Credit facility                
Percentage points added to the reference rate 2.75%              
FILO term loan due August 2026 [Member] | Citibank's base rate                
Credit facility                
Percentage points added to the reference rate 1.75%              
Senior secured revolving credit facility due August 2026 [Member]                
Credit facility                
Maximum borrowing capacity $ 2,800,000              
Principal amount of debt   1,150,000   0        
Period triggering springing maturity 91 days              
Senior secured revolving credit facility due August 2026 [Member] | Minimum                
Credit facility                
Credit facility commitment fee (as a percent) 0.25%              
Senior secured revolving credit facility due August 2026 [Member] | Maximum                
Credit facility                
Credit facility commitment fee (as a percent) 0.375%              
Senior secured revolving credit facility due August 2026 [Member] | LIBOR | Minimum                
Credit facility                
Percentage points added to the reference rate 1.25%              
Senior secured revolving credit facility due August 2026 [Member] | LIBOR | Maximum                
Credit facility                
Percentage points added to the reference rate 1.75%              
Senior secured revolving credit facility due August 2026 [Member] | Citibank's base rate | Minimum                
Credit facility                
Percentage points added to the reference rate 0.25%              
Senior secured revolving credit facility due August 2026 [Member] | Citibank's base rate | Maximum                
Credit facility                
Percentage points added to the reference rate 0.75%              
Senior secured revolving credit facility due January 2020                
Credit facility                
Maximum borrowing capacity               $ 2,700,000
6.125% senior notes due April 2023                
Credit facility                
Principal amount of debt   $ 0   $ 90,808        
Debt instrument, stated interest rate (as a percent)     6.125% 6.125% 6.125% 6.125% 6.125%