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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
4 Months Ended
Jun. 17, 2017
Jun. 18, 2016
Net sales $ 4,004 $ 3,765
Cost of sales 3,453 3,216
Gross profit 551 549
Selling and administrative expenses 484 460
Operating earnings 67 89
Interest expense, net 43 60
Equity in earnings of unconsolidated affiliates (2) (1)
Earnings from continuing operations before income taxes 26 30
Income tax provision 14 10
Net earnings from continuing operations 12 20
Income from discontinued operations, net of tax 0 27
Net earnings including noncontrolling interests 12 47
Less net earnings attributable to noncontrolling interests (1) (1)
Net earnings attributable to SUPERVALU INC. $ 11 $ 46
Basic net earnings per share attributable to SUPERVALU INC.:    
Continuing operations (in dollars per share) $ 0.04 $ 0.07
Discontinued operations (in dollars per share) 0.00 0.10
Basic net earnings per share (in dollars per share) 0.04 0.17
Diluted net earnings per share attributable to SUPERVALU INC.:    
Continuing operations (in dollars per share) 0.04 0.07
Discontinued operations (in dollars per share) 0.00 0.10
Diluted net earnings per share (in dollars per share) $ 0.04 $ 0.17
Weighted average number of shares outstanding:    
Basic (in shares) 267 264
Diluted (in shares) 269 267