NONCONTROLLING INTERESTS

4 Months Ended

Jun. 14, 2014

NOTE 11 – NONCONTROLLING INTERESTS

Noncontrolling interests primarily include minority ownership interests in certain entities operating Retail Food stores under the Cub Foods banner. Pursuant to the terms of the ownership agreements, the Company is required to distribute cash flows generated by these entities on a proportionate basis based on ownership interest. A reconciliation of the beginning and ending carrying amount of the equity attributable to noncontrolling interests is as follows:


	First Quarter Ended
	June 14, 2014			June 15, 2013
	(16 weeks)			(16 weeks)
Equity attributable to noncontrolling interests at beginning of year	$	8		$	10
Net earnings attributable to noncontrolling interests		2			3
Distributions to noncontrolling interests		(4	)		(5	)

Equity attributable to noncontrolling interests at end of period	$	6		$	8

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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