Q. Calculate the amount of dividends the company declared during fiscal 2021. Your answer should be your numeric calculation, in equation form. What number of shares did the company use in the denominator for its fiscal 2021 calculation of (basic) earnings per share?
 

Transcribed Image Text:

(In millions, except per share amounts) Sales Operating expenses Merchandise costs, including advertising, warehousing, and transportation, excluding items shown separately below Operating, general and administrative Rent Depreciation and amortization Operating profit Other income (expense) Interest expense Non-service component of company-sponsored pension plan (costs) benefits (Loss) gain on investments Gain on sale of businesses Net earnings before income tax expense Income tax expense Net earnings including noncontrolling interests Net income (loss) attributable to noncontrolling interests Net earnings attributable to The Kroger Co. Net earnings attributable to The Kroger Co. per basic common share Average number of common shares used in basic calculation Net earnings attributable to The Kroger Co. per diluted common share Average number of common shares used in diluted calculation 2021 (52 weeks) $ 137,888 $ $ $ 107.539 23,203 845 2,824 3,477 (571) (34) (821) 2,051 385 1,666 11 1,655 744 2.17 2020 (52 weeks) $ 132,498 754 $ 101,597 24.500 $ 874 2,747 2,780 (544) 29 1,105 3,370 782 2.20 $ 3.31 $ 2,588 3 2,585 $ 773 $ 3.27 781 $ 2019 (52 weeks) 122,286 95,294 21,208 884 2,649 2,251 (603) 157 176 1,981 469 1,512 (147) 1,659 2.05 799 2.04 805 (In millions, except per share amounts) Sales Operating expenses Merchandise costs, including advertising, warehousing, and transportation, excluding items shown separately below Operating, general and administrative Rent Depreciation and amortization Operating profit Other income (expense) Interest expense Non-service component of company-sponsored pension plan (costs) benefits (Loss) gain on investments Gain on sale of businesses Net earnings before income tax expense Income tax expense Net earnings including noncontrolling interests Net income (loss) attributable to noncontrolling interests Net earnings attributable to The Kroger Co. Net earnings attributable to The Kroger Co. per basic common share Average number of common shares used in basic calculation Net earnings attributable to The Kroger Co. per diluted common share Average number of common shares used in diluted calculation 2021 (52 weeks) $ 137,888 $ $ $ 107.539 23,203 845 2,824 3,477 (571) (34) (821) 2,051 385 1,666 11 1,655 744 2.17 2020 (52 weeks) $ 132,498 754 $ 101,597 24.500 $ 874 2,747 2,780 (544) 29 1,105 3,370 782 2.20 $ 3.31 $ 2,588 3 2,585 $ 773 $ 3.27 781 $ 2019 (52 weeks) 122,286 95,294 21,208 884 2,649 2,251 (603) 157 176 1,981 469 1,512 (147) 1,659 2.05 799 2.04 805

Answer rating: 100% (QA)

Fiscal 2021 Dividends 16650000007... View the full answer