Long-Term Debt (Tables)

9 Months Ended

Dec. 02, 2017

Debt Disclosure [Abstract]

Long-Term Debt and Capital Lease Obligations

Supervalu’s long-term debt consisted of the following:

	December 2, 2017			February 25, 2017
4.85% Secured Term Loan Facility due June 2024	$	836		$	—
5.54% Secured Term Loan Facility due March 2019	—			524
6.75% Senior Notes due June 2021	400			400
7.75% Senior Notes due November 2022	350			350
2.50% to 4.50% Revolving ABL Credit Facility due February 2021	110			—
Other	40			—
Debt financing costs, net	(25		)	(10		)
Original issue discount on debt	(3		)	(1		)
Total debt	1,708			1,263
Less current maturities of long-term debt	(8		)	—
Long-term debt	$	1,700		$	1,263

Secured Assets and Unused Available Credit and Fees, Revolving ABL Credit Facility

he assets included in the Condensed Consolidated Balance Sheets securing the outstanding borrowings under the Revolving ABL Credit Facility on a first-priority basis, and the unused available credit and fees under the Revolving ABL Credit Facility, were as follows:

Assets securing the Revolving ABL Credit Facility(1):	December 2, 2017		February 25, 2017
Certain inventory assets included in Inventories, net	$	1,462	$	949
Certain receivables included in Receivables, net	393		228
Certain amounts included in Cash and cash equivalents	21		19

(1) The Revolving ABL Credit Facility is also secured by all of Supervalu's pharmacy scripts included in Intangible assets, net.

Unused available credit and fees under the Revolving ABL Credit Facility:	December 2, 2017			February 25, 2017
Outstanding letters of credit	$	55		$	53
Letters of credit fees	1.375		%	1.375		%
Unused available credit	835			748
Unused facility fees	0.25		%	0.25		%