COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED COMPREHENSIVE LOSS

12 Months Ended

Feb. 27, 2016

Equity [Abstract]

COMPREHENSIVE (LOSS) INCOME AND ACCUMULATED COMPREHENSIVE LOSS

The Company reports comprehensive income in the Consolidated Statements of Comprehensive Income. Comprehensive income includes all changes in stockholders’ deficit during the reporting period, other than those resulting from investments by and distributions to stockholders. The Company’s comprehensive income is calculated as net earnings (loss) including noncontrolling interests, plus or minus adjustments for pension and other postretirement benefit obligations, net of tax, less comprehensive income attributable to noncontrolling interests.

Accumulated other comprehensive loss represents the cumulative balance of other comprehensive income (loss), net of tax, as of the end of the reporting period and relates to pension and other postretirement benefit obligation adjustments, net of tax, and interest rate swaps designated as hedges, net of tax. Changes in Accumulated other comprehensive loss by component are as follows:

	Benefit Plans			Interest Rate Swap			Total
February 23, 2013 accumulated other comprehensive loss	$	(612	)	$	—		$	(612	)
Other comprehensive income before reclassifications	202			—			202
Amortization of amounts included in net periodic benefit cost(1)	55			—			55
Net Other comprehensive income	257			—			257
Divestiture of NAI pension plan	48			—			48
February 22, 2014 accumulated other comprehensive loss	(307		)	—			(307		)
Other comprehensive loss before reclassifications	(188		)	—			(188		)
Pension settlement charge(2)	39			—			39
Amortization of amounts included in net periodic benefit cost(1)	33			—			33
Net Other comprehensive loss	(116		)	—			(116		)
February 28, 2015 accumulated other comprehensive loss	(423		)	—			(423		)
Other comprehensive loss before reclassifications	(37		)	(4		)	(41		)
Amortization of amounts included in net periodic benefit cost(1)	42			—			42
Net Other comprehensive income (loss)	5			(4		)	1
February 27, 2016 accumulated other comprehensive loss	$	(418	)	$	(4	)	$	(422	)

(1) Amortization of amounts included in net periodic benefit cost includes amortization of prior service benefit and amortization of net actuarial loss as reflected in Note 11—Benefit Plans.

(2) Refer to Note 11—Benefit Plans for additional information on the Company's fiscal 2015 pension settlement charge.

Upon completion of the sale of NAI in the first quarter of fiscal 2014, the Company disposed of approximately $48 of Accumulated other comprehensive loss, which was a component of Stockholders’ deficit in the Consolidated Balance Sheet as of February 23, 2013, due to NAI’s assumption of a defined benefit pension plan established and operated under NAI.

Accumulated other comprehensive loss related to the Company's interest rate swap was insignificant as of February 28, 2015.

Items reclassified out of pension and postretirement benefit plan accumulated other comprehensive loss had the following impact on the Consolidated Statements of Operations:

	2016			2015			2014			Affected Line Item on Consolidated Statements of Operations
Pension and postretirement benefit plan obligations:
Amortization of amounts included in net periodic benefit expense(1)	$	59		$	43		$	82		Selling and administrative expenses
Amortization of amounts included in net periodic benefit expense(1)	8			11			11			Cost of sales
Pension settlement charge	—			64			—			Selling and administrative expenses
Total reclassifications	67			118			93
Income tax benefit	(25		)	(46		)	(38		)	Income tax provision
Total reclassifications, net of tax	$	42		$	72		$	55

(1) Amortization of amounts included in net periodic benefit cost include amortization of prior service benefit and amortization of net actuarial loss as reflected in Note 11—Benefit Plans.

No amounts were reclassified out of Accumulated other comprehensive loss related to the interest rate swap designated as a cash flow hedge. As of February 27, 2016, the Company expects to reclassify $3 out of Accumulated other comprehensive loss into Interest expense, net during the following twelve month period.