Analysis: Deferred Assets and Liabilities, Net

Entity Registrant Name SUPERVALU INC
CIK 0000095521
Accession number 0001193125-14-154989
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/95521/000119312514154989/svu-20140222.xml
Fiscal year end --02-22
Fiscal year focus 2014
Fiscal period focus FY
Current balance sheet date 2014-02-22
Current year-to-date income statement start date 2013-02-24
Commentary Conforms with all rules.
Level 3 Text Block concept us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock

The Company’s deferred tax assets and liabilities consisted of the following:

 

     2014     2013  

Deferred tax assets:

     

Compensation and benefits

    $ 224      $ 367   

Self-insurance

      24        20   

Property, plant and equipment and capitalized lease assets

      132        110   

Loss on sale of discontinued operations

      1,339        1,341   

Net operating loss carryforwards

      23        22   

Other

      80        104   
  

 

 

    

 

 

  

Gross deferred tax assets

      1,822        1,964   

Valuation allowance

      (1,356 )      (1,358 ) 
  

 

 

    

 

 

  

Total deferred tax assets

      466        606   
  

 

 

    

 

 

  

Deferred tax liabilities:

     

Property, plant and equipment and capitalized lease assets

      (147 )      (204 ) 

Inventories

      (40 )      (28 ) 

Intangible assets

      (25 )      (21 ) 

Other

      (16 )      (19 ) 
  

 

 

    

 

 

  

Total deferred tax liabilities

      (228 )      (272 ) 
  

 

 

    

 

 

  

Net deferred tax asset

    $ 238      $ 334

Level 4 Details Key Concepts: Deferred tax assets (liabilities)

Description Fact value US GAAP XBRL Concept
Deferred tax assets, gross 1,822,000,000 us-gaap:DeferredTaxAssetsGross
Valuation allowance -1,356,000,000 us-gaap:DeferredTaxAssetsValuationAllowance
Deferred tax assets, net 466,000,000 us-gaap:DeferredTaxAssetsNet
Deferred tax liabilities -228,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net 238,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 0

*

(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets, net, current 0
Deferred tax assets, net, noncurrent 287,000,000 us-gaap:DeferredTaxAssetsNetNoncurrent
Deferred tax liabilities, net, current -49,000,000 us-gaap:DeferredTaxLiabilitiesCurrent
Deferred tax liabilities, net, noncurrent -140,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net 238,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 0

*

(Unclassified balance sheet) Deferred tax assets (liabilities), net components asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets 466,000,000
Deferred tax liabilities, net -228,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net 238,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 0

*

*

Creative Commons License
This work is licensed under a Creative Commons License.

Valid CSS!