XML 33 R14.htm IDEA: XBRL DOCUMENT v3.4.0.3
RESERVES FOR CLOSED PROPERTIES AND PROPERTY, PLANT AND EQUIPMENT-RELATED IMPAIRMENT CHARGES
12 Months Ended
Feb. 27, 2016
Restructuring and Related Activities [Abstract]  
RESERVES FOR CLOSED PROPERTIES AND PROPERTY, PLANT AND EQUIPMENT-RELATED IMPAIRMENT CHARGES
NOTE 4—RESERVES FOR CLOSED PROPERTIES AND PROPERTY, PLANT AND EQUIPMENT-RELATED IMPAIRMENT CHARGES
Reserves for Closed Properties
Changes in the Company’s reserves for closed properties consisted of the following:
 
2016
 
2015
 
2014
Beginning balance
$
34

 
$
47

 
$
61

Additions
8

 
4

 
4

Payments
(12
)
 
(12
)
 
(16
)
Adjustments
(1
)
 
(5
)
 
(2
)
Ending balance
$
29

 
$
34

 
$
47


In fiscal 2016, the Company determined it would close 15 non-strategic Save-A-Lot corporate stores and recorded an impairment charge of $5 related to the operating leases for these stores in the Save-A-Lot segment.
Property, Plant and Equipment Impairment Charges
The following table presents impairment charges related to property, plant and equipment measured at fair value on a non-recurring basis:
 
2016
 
2015
 
2014
Property, plant and equipment:
 
 
 
 
 
Carrying value
$
11

 
$
4

 
$
45

Fair value measured using Level 3 inputs
3

 
1

 
21

Impairment charge
$
8

 
$
3

 
$
24


Fiscal 2016 and 2015 impairment charges are primarily related to the closure of non-strategic Save-A-Lot corporate stores. Fiscal 2014 impairment charges were primarily related to the write-off of certain software tools that would no longer be utilized in operations within Retail, and impairments of Wholesale distribution centers and Save-A-Lot stores.