BUSINESS ACQUISITIONS Business Combinations (Tables)

12 Months Ended

Feb. 24, 2018

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The tables immediately below summarize the preliminary fair values assigned to Unified’s and AG Florida’s net assets acquired. As of February 24, 2018, the fair value allocation for each of the acquisitions was preliminary and will be finalized when the valuation is completed. There can be no assurance that such finalizations will not result in material changes from the preliminary purchase price allocations. Our estimates and assumptions are subject to change during the measurement period (up to one year from the applicable acquisition date), as we finalize the valuations of certain tangible and intangible assets acquired and liabilities assumed in connection with the acquisitions. The primary areas of the purchase price allocations that are not yet finalized relate to real and personal property, identifiable intangible assets, goodwill, income taxes and deferred taxes.

	Unified						AG Florida
	As Originally Reported			As Revised			As Originally Reported
Cash and cash equivalents	$	9		$	9		$	1
Accounts receivable	176			178			49
Inventories	237			237			48
Other current assets	31			24			4
Property, plant and equipment	285			285			84
Goodwill	29			26			44
Intangible assets	54			56			52
Deferred tax assets	(19		)	(13		)	(28		)
Other assets	65			65			4
Accounts payable	(255		)	(255		)	(53		)
Other current liabilities	(89		)	(89		)	(13		)
Long-term debt and capital lease obligations	(270		)	(270		)	(60		)
Pension and other postretirement benefit obligations	(103		)	(101		)	—
Other liabilities assumed	(36		)	(38		)	(1		)
Total fair value of net assets acquired	114			114			131
Assumed obligations to make patronage payments to member-owners	—			—			5
Less cash acquired	(9		)	(9		)	(1		)
Total consideration for acquisition, less cash acquired	$	105		$	105		$	135

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

As part of the acquisitions of Unified and AG Florida we recognized the following finite lived intangible assets:

	Estimated Useful Life (in years)	Amounts Acquired
Customer relationships	15 years	$	41
Favorable operating leases	3-14 years	7
Trade names	14 years	8
Total Unified finite-lived intangibles acquired		$	56
Customer relationships and supply agreements	15 years	47
Favorable operating leases	2-5 years	5
Total AG Florida finite-lived intangibles acquired		$	52

Business Acquisition, Pro Forma Information [Table Text Block]

The following unaudited pro forma consolidated condensed financial results of operations are presented as if the AG Florida and Unified acquisitions were consummated on February 28, 2016, the beginning of the comparable prior annual reporting period:

	2018		2017(1)
Net sales	$	15,892	$	15,323
Net earnings from continuing operations attributable to SUPERVALU INC.	$	48	$	20
Basic net earnings from continuing operations per share attributable to SUPERVALU INC.	$	1.24	$	0.52
Diluted net earnings from continuing operations per share attributable to SUPERVALU INC.	$	1.24	$	0.52

(1) This unaudited pro forma financial information is based on Unified’s and AG Florida’s historical reporting periods. The results reflect Unified’s and AG Florida’s 52-week fiscal periods ended December 31, 2016 and January 14, 2017, respectively.