Safeway 2013 Annual Report Download - page 50

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Table of Contents





52 Weeks
2012
52 Weeks
2011

Balance, beginning of year  $ 6.0 $ 6.0
Options exercised 0.1
Retirement of treasury stock (1) — —
Balance, end of year  6.1 6.0

Balance, beginning of year  4,463.9 4,363.1
Share-based employee compensation  55.1 50.0
Options exercised/cancelled, net  (11.9)53.7
Initial public offering of Blackhawk, net  — —
Retirement of treasury stock (1) — —
Other (2)  (1.5)(2.9)
Balance, end of year  4,505.6 4,463.9

Balance, beginning of year (7,874.4)(6,283.8)
Purchase of treasury stock (1,240.3)(1,588.2)
Retirement of treasury stock (1)  — —
Other (5.1)(2.4)
Balance, end of year (9,119.8)(7,874.4)

Balance, beginning of year  7,151.1 6,846.2
Prior period adjustment (3)
(24.2)
Balance, beginning of year, as corrected 6,822.0
Net income attributable to Safeway Inc.  596.5 516.7
Cash dividends declared ($0.775, $0.670 and $0.555 per share) (162.0)(187.6)
Retirement of treasury stock (1) — —
Balance, end of year  7,585.6 7,151.1

Balance, beginning of year (61.5)88.0
Translation adjustments (3.1)8.8
Pension and post-retirement benefits adjustment to funded status (net of tax of
$87.1, $45.5 and $113.3)  (79.7)(210.3)
Recognition of pension and post-retirement benefits actuarial loss (net of tax of
$38.7, $40.5 and $31.0)  69.5 51.0
Sale of Canada Safeway Limited (4) — —
Other (net of tax of $0.6, $0.5 and $0.1) 1.0 1.0
Balance, end of year (73.8)(61.5)
50