INCOME TAXES (Tables)

12 Months Ended

Feb. 24, 2018

Income Tax Disclosure [Abstract]

Provision for Income Taxes

The income tax provision (benefit) consisted of the following:

	2018			2017			2016
Current
Federal	$	(8	)	$	(15	)	$	7
State	(2		)	8			(4		)
Total current	(10		)	(7		)	3
Deferred	38			(8		)	1
Income tax provision (benefit)	$	28		$	(15	)	$	4

Difference Between Actual Tax Provision and Tax Provision Computed by Applying Statutory Federal Income Tax Rate to Losses Before Income Taxes

The difference between the actual tax provision and the tax provision computed by applying the statutory federal income tax rate to Earnings from continuing operations before income taxes is attributable to the following:

	2018			2017			2016
Federal taxes based on statutory rate	$	25		$	7		$	18
State income taxes, net of federal benefit	1			(1		)	—
Tax contingency	(12		)	(1		)	(8		)
Change in valuation allowance	(21		)	2			—
Pension	(5		)	(9		)	(4		)
Deferred tax adjustment	—			(10		)	—
U.S. tax reform	31			—			—
Stock Compensation	7			—			—
Other	2			(3		)	(2		)
Income tax provision (benefit)	$	28		$	(15	)	$	4

Deferred Tax Assets and Liabilities

Our deferred tax assets and liabilities consisted of the following:

	2018			2017
Deferred tax assets:
Compensation and benefits	$	105		$	162
Self-insurance	12			17
Property, plant and equipment and capitalized lease assets	30			35
Loss on sale of discontinued operations	795			1,174
Net operating loss carryforwards	50			15
Other	42			75
Gross deferred tax assets	1,034			1,478
Valuation allowance	(787		)	(1,196		)
Total deferred tax assets	247			282
Deferred tax liabilities:
Property, plant and equipment and capitalized lease assets	(160		)	(91		)
Inventories	(11		)	(13		)
Intangible assets	(5		)	(7		)
Other	(8		)	(8		)
Total deferred tax liabilities	(184		)	(119		)
Net deferred tax assets	$	63		$	163

Changes in Company's Unrecognized Tax Benefits

Changes in our unrecognized tax positions consisted of the following:

	2018			2017			2016
Beginning balance	$	59		$	70		$	94
Increase based on tax positions related to the current year	2			7			5
Increase based on tax positions related to prior years	2			—			—
Decrease based on tax positions related to prior years	—			(15		)	(23		)
Decrease related to settlements with taxing authorities	—			1			—
Decrease due to lapse of statute of limitations	(23		)	(4		)	(6		)
Ending balance	$	40		$	59		$	70