Income Taxes (Tables)

12 Months Ended

Sep. 28, 2014

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income Taxes

Components of income tax expense for the fiscal years indicated were as follows (in millions):



	2014			2013			2012
Current federal income tax	$	359		$	321		$	234
Current state income tax	82			73			53
Current foreign income tax	2			3			4
Total current tax	443			397			291
Deferred federal income tax	(66		)	(44		)	1
Deferred state income tax	(10		)	(10		)	(6		)
Deferred foreign income tax	—			—			—
Total deferred tax	(76		)	(54		)	(5		)
Total income tax expense	$	367		$	343		$	286

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Actual income tax expense for the fiscal years indicated differed from the amount computed by applying statutory corporate income tax rates to income before income taxes as follows (in millions):



	2014			2013			2012
Federal income tax based on statutory rates	$	331		$	313		$	263
Increase (reduction) in income taxes resulting from:
Tax-exempt interest	(1		)	(1		)	(1		)
Excess charitable contributions	(8		)	(7		)	(5		)
Federal income tax credits	(3		)	(2		)	(2		)
Other, net	2			—			1
Total federal income taxes	321			303			256
State income taxes, net of federal income tax benefit	47			41			31
Tax impact of foreign operations	(1		)	(1		)	(1		)
Total income tax expense	$	367		$	343		$	286

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities were as follows (in millions):



	September 28, 2014			September 29, 2013
Deferred tax assets:
Compensation-related costs	$	159		$	122
Insurance-related costs	53			48
Inventories	—			1
Lease and other termination accruals	13			15
Rent differential	156			139
Tax basis of fixed assets in excess of book basis	9			7
Net domestic and international operating loss carryforwards	20			18
Other	8			5
Gross deferred tax assets	418			355
Valuation allowance	(30		)	(26		)
Deferred tax assets	388			329
Deferred tax liabilities:
Financial basis of fixed assets in excess of tax basis	(79		)	(102		)
Inventories	(5		)	—
Capitalized costs expensed for tax purposes	(4		)	(4		)
Deferred tax liabilities	(88		)	(106		)
Net deferred tax asset	$	300		$	223

Summary of Net Deferred Tax Assets Classification [Table Text Block]

Deferred taxes have been classified on the Consolidated Balance Sheets as follows (in millions):



	September 28, 2014		September 29, 2013
Current assets	$	168	$	151
Noncurrent assets	132		72
Net deferred tax asset	$	300	$	223