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Document and Entity Information	6 Months Ended
Document and Entity Information	Jun. 29, 2013 shares
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 29, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2
Trading Symbol	ODP
Entity Registrant Name	OFFICE DEPOT INC
Entity Central Index Key	0000800240
Current Fiscal Year End Date	--12-29
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	288,925,484

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 29, 2013	Dec. 29, 2012	Jun. 30, 2012
Current assets:
Cash and cash equivalents	$ 471,955	$ 670,811	$ 422,679
Receivables, net	746,645	803,944	809,353
Inventories	1,090,915	1,050,625	1,122,007
Prepaid expenses and other current assets	165,169	170,810	154,171
Total current assets	2,474,684	2,696,190	2,508,210
Property and equipment, net	809,965	856,341	971,930
Goodwill	63,086	64,312	61,683
Other intangible assets, net	15,428	16,789	32,169
Deferred income taxes	31,283	33,421	41,689
Other assets	353,119	343,726	341,631
Total assets	3,747,565	4,010,779	3,957,312
Current liabilities:
Trade accounts payable	880,629	934,892	906,103
Accrued expenses and other current liabilities	845,751	931,618	875,005
Income taxes payable	7,144	5,310	7,698
Short-term borrowings and current maturities of long-term debt	174,550	174,148	35,527
Total current liabilities	1,908,074	2,045,968	1,824,333
Deferred income taxes and other long-term liabilities	409,549	431,531	391,056
Long-term debt, net of current maturities	475,004	485,331	639,028
Total liabilities	2,792,627	2,962,830	2,854,417
Commitments and contingencies
Redeemable preferred stock, net (liquidation preference - $406,773 in June 2013 and December 2012, and $396,851 in June 2012)	386,401	386,401	378,751
Office Depot, Inc. stockholders' equity:
Common stock - authorized 800,000,000 shares of $.01 par value; issued shares - 294,840,752 in June 2013, 291,734,027 in December 2012 and 291,075,840 in June 2012	2,948	2,917	2,911
Additional paid-in capital	1,105,989	1,119,775	1,131,044
Accumulated other comprehensive income	194,429	212,717	194,829
Accumulated deficit	(677,096)	(616,235)	(547,007)
Treasury stock, at cost - 5,915,268 shares in 2013 and 2012	(57,733)	(57,733)	(57,733)
Total Office Depot, Inc. stockholders' equity	568,537	661,441	724,044
Noncontrolling interests		107	100
Total equity	568,537	661,548	724,144
Total liabilities and equity	$ 3,747,565	$ 4,010,779	$ 3,957,312

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 29, 2013	Dec. 29, 2012	Jun. 30, 2012
Redeemable preferred stock, liquidation preference	$ 406,773	$ 406,773	$ 396,851
Common stock, authorized	800,000,000	800,000,000	800,000,000
Common stock, par value	$ 0.01	$ 0.01	$ 0.01
Common stock, issued shares	294,840,752	291,734,027	291,075,840
Treasury stock, shares	5,915,268	5,915,268	5,915,268

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Sales	$ 2,418,619	$ 2,507,150	$ 5,136,879	$ 5,379,959
Cost of goods sold and occupancy costs	1,872,350	1,934,954	3,930,913	4,113,360
Gross profit	546,269	572,196	1,205,966	1,266,599
Operating and selling expenses	419,027	439,669	889,744	928,908
Recovery of purchase price				(68,314)
Asset impairments	4,418	23,861	9,662	41,755
General and administrative expenses	151,316	167,313	310,223	345,207
Merger and certain shareholder-related expenses	16,640		31,824
Operating income (loss)	(45,132)	(58,647)	(35,487)	19,043
Other income (expense):
Interest income		955	410	1,322
Interest expense	(16,717)	(17,703)	(33,112)	(32,181)
Loss on extinguishment of debt		(41)		(12,110)
Miscellaneous income, net	7,245	3,967	13,602	12,946
Loss before income taxes	(54,604)	(71,469)	(54,587)	(10,980)
Income tax expense (benefit)	(398)	(14,082)	6,262	(3,092)
Net loss	(54,206)	(57,387)	(60,849)	(7,888)
Less: Net earnings (loss) attributable to the noncontrolling interests		(5)	12	(9)
Net loss attributable to Office Depot, Inc.	(54,206)	(57,382)	(60,861)	(7,879)
Preferred stock dividends	10,170	6,899	20,339	15,115
Net loss available to common stockholders	$ (64,376)	$ (64,281)	$ (81,200)	$ (22,994)
Net loss per share:
Basic	$ (0.23)	$ (0.23)	$ (0.29)	$ (0.08)
Diluted	$ (0.23)	$ (0.23)	$ (0.29)	$ (0.08)

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Net loss	$ (54,206)	$ (57,387)	$ (60,849)	$ (7,888)
Other comprehensive income (loss), net of tax where applicable:
Foreign currency translation adjustments	(5,035)	(31,916)	(18,016)	3,252
Amortization of gain on cash flow hedge	(155)	(156)	(311)	(1,997)
Change in deferred pension	(3)	23	226	(277)
Change in deferred cash flow hedge	(724)	14	(191)	(681)
Total other comprehensive income (loss), net of tax, where applicable	(5,917)	(32,035)	(18,292)	297
Comprehensive loss	(60,123)	(89,422)	(79,141)	(7,591)
Comprehensive income (loss) attributable to the noncontrolling interests		(6)	8	(7)
Comprehensive loss attributable to Office Depot, Inc.	$ (60,123)	$ (89,416)	$ (79,149)	$ (7,584)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012
Cash flows from operating activities:
Net loss	$ (60,849)	$ (7,888)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	95,903	101,622
Charges for losses on inventories and receivables	28,005	32,850
Loss on extinguishment of debt		13,377
Recovery of purchase price		(58,049)
Pension plan funding		(58,030)
Asset impairments	9,662	41,755
Changes in working capital and other	(166,957)	(197,478)
Net cash used in operating activities	(94,236)	(131,841)
Cash flows from investing activities:
Capital expenditures	(62,328)	(62,471)
Recovery of purchase price		49,841
Restricted cash	(789)
Release of restricted cash		8,570
Proceeds from assets sold and other	(3,499)	20,624
Net cash provided by (used in) investing activities	(66,616)	16,564
Cash flows from financing activities:
Proceeds from exercise of stock options, including tax benefit	1,326	1,130
Share transactions under employee related plans	(2,772)	(208)
Preferred stock dividends	(20,339)
Payment for noncontrolling interests	(597)	(551)
Loss on extinguishment of debt		(13,377)
Debt related fees		(7,867)
Debt retirement		(250,000)
Debt issuance		250,000
Net payments on other long- and short-term borrowings	(11,321)	(11,198)
Net cash used in financing activities	(33,703)	(32,071)
Effect of exchange rate changes on cash and cash equivalents	(4,301)	(654)
Net decrease in cash and cash equivalents	(198,856)	(148,002)
Cash and cash equivalents at beginning of period	670,811	570,681
Cash and cash equivalents at end of period	$ 471,955	$ 422,679

Summary of Significant Accounting Policies

6 Months Ended

Jun. 29, 2013

Summary of Significant Accounting Policies

Note A – Summary of Significant Accounting Policies

Basis of Presentation: Office Depot, Inc., including consolidated subsidiaries (“Office Depot” or the “Company”), is a global supplier of office products and services. The Condensed Consolidated Balance Sheet at December 29, 2012 has been derived from audited financial statements at that date. The condensed consolidated interim financial statements as of June 29, 2013 and June 30, 2012, and for the 13-week and 26-week periods ended June 29, 2013 (also referred to as “the second quarter of 2013” and “the first half of 2013”) and June 30, 2012 (also referred to as “the second quarter of 2012” and “the first half of 2012”) are unaudited. However, in our opinion, these financial statements reflect all adjustments of a normal recurring nature necessary to provide a fair presentation of the Company’s financial position, results of operations and cash flows for the periods presented.

During the first quarter of 2013, the Company modified its measure of business segment operating income for management reporting purposes to allocate to the Company’s three segments, North American Retail Division, North American Business Solutions Division and International Division (the “Divisions”), additional General and administrative and other expenses, as well as to allocate to the Divisions additional assets, capital expenditures and related depreciation expense. No changes have been made to the composition of these reportable segments. Additionally, the Company changed its accounting principle of presenting shipping and handling expenses in Operating and selling expenses (previously Store and warehouse operating and selling expenses) to a preferable accounting principle of presenting such expenses in Costs of goods sold and occupancy costs. The Company considers this presentation preferable because it includes costs associated with revenues in the calculation of gross profit and provides better comparability to industry peers. Prior period results have been reclassified to conform to the current period presentation for both the change in accounting principle and the change in measurement of Division operating income (loss).

These changes result in the decrease in Gross profit in the Condensed Consolidated Statements of Operations and revised measure of Division operating income (loss) in Note H. For purposes of comparability, the shipping and handling expenses for the second quarter and first half of 2012 have been reclassified, resulting in an increase in Costs of goods sold and occupancy costs of $173.9 million and $362.7 million, respectively, with a corresponding decrease in Operating and selling expenses. Division operating income (loss) for the second quarter and first half of 2012 have been revised to include $68.5 million and $132.7 million, respectively, of General and administrative and other expenses that previously were considered Corporate costs, and to reflect other Divisional cost allocations that have been revised to conform to allocation rates used in the current period. Neither the change in accounting principle, nor the change in Division operating income (loss) impacted Consolidated Operating income (loss), Net loss, or Loss per share for the periods presented.

We have included the balance sheet from June 30, 2012 to assist in analyzing the Company.

These interim results are not necessarily indicative of the results that should be expected for the full year. For a better understanding of the Company and its Condensed Consolidated Financial Statements, we recommend reading these Condensed Consolidated Financial Statements in conjunction with the audited financial statements which are included in the Annual Report on Form 10-K for the year ended December 29, 2012, filed on February 20, 2013 with the U.S. Securities and Exchange Commission (“SEC”), as updated with subsequent current reports in 2013, including the Form 8-K filed on April 30, 2013 that retrospectively applied these accounting changes to each of the three fiscal years in the period ended December 29, 2012.

Cash Management: The cash management process generally utilizes zero balance accounts which provide for the settlement of the related disbursement and cash concentration accounts on a daily basis. Accounts payable and accrued expenses as of June 29, 2013, December 29, 2012 and June 30, 2012 included $35 million, $53 million and $45 million, respectively, of amounts not yet presented for payment drawn in excess of disbursement account book balances, after considering offset provisions.

Cash and cash equivalents held outside the U.S. at June 29, 2013 amounted to $122 million.

Receivables under Factoring Agreement: The Company sells selected accounts receivables on a non-recourse basis to an unrelated financial institution under a factoring agreement in France. The Company accounts for this transaction as a sale of receivables, removes receivables sold from its financial statements, and records cash proceeds when received by the Company as cash provided by operating activities in the Statement of Cash Flows. The financial institution makes available 80% of the face value of the receivables to the Company and retains the remaining 20% as a guarantee until the receipt of the proceeds associated with the factored invoices. The Company activated the arrangement in the fourth quarter of 2012.

In the second quarter of 2013, the Company sold receivables totaling $109 million, which the Company withdrew and settled in cash. In the first half of 2013, the Company sold receivables totaling $229 million, of which the Company withdrew $191 million and settled in cash. For the remaining $38 million receivables sold in the first half of 2013, the Company did not obtain cash directly from the financial institution. A retention guarantee of $11 million and $13 million are included in Prepaid expenses and other current assets as of June 29, 2013 and December 29, 2012, respectively. A receivable from the financial institution related to factored receivables of $11 million and $51 million are included in Receivables as of June 29, 2013 and December 29, 2012, respectively.

New Accounting Pronouncements: Effective for years beginning after December 15, 2013, transactions or events that result in companies losing a controlling interest in a foreign entity will cause the release of the related cumulative translation adjustment (“CTA”) amounts. Under current accounting rules, release of CTA only follows complete or substantially complete liquidation of a foreign entity. While there are no actions in process that would be impacted by this change in accounting, the Company continues to evaluate its foreign entities’ operations and future periods could be affected.

Merger Agreement

6 Months Ended

Jun. 29, 2013

Merger Agreement

Note B – Merger Agreement

On February 20, 2013, the Company entered into a merger agreement with OfficeMax Incorporated (“OfficeMax”), pursuant to which the Company and OfficeMax would combine in an all-stock merger transaction (the “Merger Agreement”). At the effective time of the merger, the Company would issue 2.69 shares of common stock for each outstanding share of OfficeMax common stock. A selection committee has been formed with equal representation from the Board of Directors of the Company and OfficeMax to select a successor Chief Executive Officer for the combined company upon the completion of the merger. If no successor CEO has been selected by the time of closing the then-current CEOs of both the Company and OfficeMax will be appointed as co-CEOs and co-Chairmen and the Board of Directors will be made up of an additional five independent directors appointed by the Company and five independent directors appointed by OfficeMax. If a successor CEO has been selected by the time of closing, and that successor CEO is neither the current CEO of the Company or OfficeMax, the full Board of Directors will have 11 members, including the successor CEO and five independent directors appointed by the Company and five independent directors appointed by OfficeMax. In the event the successor CEO selected by the time of closing is either the current CEO of the Company or OfficeMax, the full Board of Directors will have 12 members with an additional independent director appointed by the company whose CEO was not selected as the successor CEO.

Based on the facts continuing since the date of the Merger Agreement, the Company is considered to be the accounting acquirer. This determination will be finalized at the time of closing. With the Company as the accounting acquirer, the closing date purchase consideration will be allocated to the fair value of OfficeMax assets and liabilities.

Concurrently with the execution of the Merger Agreement, the Company entered into certain additional agreements (the “Merger-related Agreements”) with the holders of the Company’s preferred stock (the “Preferred Stockholders”), and with OfficeMax. In accordance with these agreements, on July 11, 2013, as a result of shareholder approval of the merger, the Company redeemed 50 percent of the preferred stock held by the Preferred Stockholders with a cash payment of $216.2 million. This payment included $23.0 million that will be classified as a preferred stock dividend in the third quarter 2013 Condensed Consolidated Statements of Operations, reducing net earnings or increasing net loss attributable to common shareholders. Refer to Note O for further details.

In connection with the merger, the remaining 50 percent of the preferred stock held by the Preferred Stockholders either will be redeemed by the Company or converted by the Preferred Stockholders into Company’s common stock and sold. If redeemed by the Company, a reduction of cash and a reduction of net earnings or increase of net loss attributable to common shareholders similar to the amounts related to the redemption discussed above will occur immediately prior to closing of the merger. If converted by the Preferred Stockholders into Company common stock but not sold by the time of closing, the Company has committed to purchase the amount of Company’s common stock held by the Preferred Stockholders such that the Preferred Stockholders would not own more than 5% of the aggregate Company common stock immediately following the closing of the merger. Should the Preferred Stockholders convert any allowable portion of the preferred stock to common stock, the net carrying value of this portion of preferred stock will be reclassified into common stock and additional paid-in capital. Any purchase by the Company of the Company’s common stock held by the Preferred Stockholders will be at the preceding trading day’s closing price as listed on the New York Stock Exchange and will be presented in the Consolidated Financial Statements as additional purchases of treasury stock.

Transaction costs associated with the merger are being expensed as incurred and are presented in the Condensed Consolidated Statement of Operations as Merger and certain shareholder-related expenses. The merger expenses include investment banking, legal, accounting, and related third party costs associated with the transaction, including preparation for regulatory filings and shareholder approvals, as well as accruals for retention of key employees. The certain shareholder-related expenses include costs incurred to provide shareholders with information to make decisions about the future composition of the board of directors, among other costs. Certain fees are contingent on the transaction closing. Pro forma information and the allocation of purchase price will be provided following completion of the transaction.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

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+ Details

Debt

6 Months Ended

Jun. 29, 2013

Debt

Note C – Debt

Senior Secured Notes

On March 14, 2012, the Company issued $250 million aggregate principal amount of its 9.75% senior secured notes due March 15, 2019 (the “Senior Secured Notes”) with interest payable in cash semiannually in arrears on March 15 and September 15 of each year. The Senior Secured Notes are fully and unconditionally guaranteed on a senior secured basis by each of the Company’s existing and future domestic subsidiaries that guarantee the Amended and Restated Credit Agreement (the “Amended Credit Agreement”). The Senior Secured Notes are secured on a first-priority basis by a lien on substantially all of the Company’s domestic subsidiaries’ present and future assets, other than assets that secure the Amended Credit Agreement and certain of their present and future equity interests in foreign subsidiaries. The Senior Secured Notes are secured on a second-priority basis by a lien on the Company and its domestic subsidiaries’ assets that secure the Amended Credit Agreement. The Senior Secured Notes were issued pursuant to an indenture, dated as of March 14, 2012, among the Company, the domestic subsidiaries named therein and U.S. Bank National Association, as trustee (the “Indenture”). Approximately $7 million of debt issuance costs were capitalized associated with these Senior Secured Notes and will be amortized through 2019.

The terms of the Indenture provide that, among other things, the Senior Secured Notes and guarantees will be senior secured obligations and will: (i) rank senior in right of payment to any future subordinated indebtedness of the Company and the guarantors; (ii) rank equally in right of payment with all of the existing and future senior indebtedness of the Company and the guarantors; (iii) rank effectively junior to all existing and future indebtedness under the Amended Credit Agreement to the extent of the value of certain collateral securing the Amended Credit Agreement on a first-priority basis, subject to certain exceptions and permitted liens; (iv) rank effectively senior to all existing and future indebtedness under the Amended Credit Agreement to the extent of the value of certain collateral securing the Senior Secured Notes; and (v) be structurally subordinated in right of payment to all existing and future indebtedness and other liabilities of the Company’s non-guarantor subsidiaries (other than indebtedness and liabilities owed to the Company or one of the guarantors).

The Indenture contains affirmative and negative covenants that, among other things, limit or restrict the Company’s ability to: incur additional debt or issue stock, pay dividends, make certain investments or make other restricted payments; engage in sales of assets; and engage in consolidations, mergers and acquisitions. However, many of these covenants will cease to apply for so long as the Company receives and maintains investment grade ratings from specified debt rating services and there is no default under the Indenture. There are no maintenance financial covenants.

The Senior Secured Notes may be redeemed by the Company, in whole or in part, at any time prior to March 15, 2016 at a price equal to 100% of the principal amount plus a make-whole premium as of the redemption date and accrued and unpaid interest. Thereafter, the Senior Secured Notes carry optional redemption features whereby the Company has the option to redeem the Senior Secured Notes prior to maturity at par plus a premium beginning at 104.875% at March 15, 2016 and declining ratably to par at March 15, 2018 and thereafter, plus accrued and unpaid interest.

Within 30 days of the July 9, 2013 closing of the sale of the Company’s ownership in Office Depot de Mexico, S.A. de C.V. (“Office Depot de Mexico”), the Company is required to offer to repurchase the $250 million Senior Secured Notes at 100% of par plus accrued and unpaid interest. The offer to repurchase the Senior Secured Notes began July 30, 2013 and will extend through August 28, 2013, unless extended or earlier terminated. As indicated in Note K, the estimated fair value at June 29, 2013 exceeds the carrying value of the Senior Secured Notes. Refer to Note O.

Additionally, on or prior to March 15, 2015, the Company may redeem up to 35% of the aggregate principal amount of the Senior Secured Notes with the net cash proceeds from certain equity offerings at a redemption price equal to 109.750% of the principal amount of the Senior Secured Notes redeemed plus accrued and unpaid interest to the redemption date; and, upon the occurrence of a change of control, holders of the Senior Secured Notes may require the Company to repurchase all or a portion of the Senior Secured Notes in cash at a price equal to 101% of the principal amount of the Senior Secured Notes to be repurchased plus accrued and unpaid interest to the repurchase date. Change of control, as defined in the Indenture, is a transfer of all or substantially all of the assets of Office Depot, acquisition of more than 50% of the voting power of Office Depot by a person or group, or members of the Office Depot Board of Directors as previously approved by the shareholders of Office Depot ceasing to constitute a majority of the Office Depot Board of Directors.

Senior Notes

On March 15, 2012, the Company repurchased $250 million aggregate principal amount of its outstanding 6.25% senior notes (the “Senior Notes”) under its previously announced cash tender offer. The total consideration for each $1,000.00 note surrendered was $1,050.00. Additionally, tender fees and a proportionate amount of deferred debt issue costs and a deferred cash flow hedge gain were included in the measurement of the $12.1 million extinguishment costs reported in the Condensed Consolidated Statements of Operations for the first half of 2012. The cash amounts of the premium paid and tender fees are reflected as financing activities in the Condensed Consolidated Statements of Cash Flows. Accrued interest was paid through the extinguishment date.

The remaining $150 million outstanding Senior Notes is due in August 2013 and is classified as a current liability in the Condensed Consolidated Balance Sheet as of June 29, 2013 and December 29, 2012.

Amended Credit Agreement

On March 4, 2013, the Company entered into a Second Amendment (the “Amendment”) to the Amended Credit Agreement. The Amendment provides the Company the ability to make payments to the Preferred Stockholders to redeem the Company’s preferred stock and to repurchase certain amounts of common stock if any is held by the Preferred Stockholders, in each case as required pursuant to the merger transaction contemplated by the Merger Agreement and documents related thereto.

Recovery of Purchase Price from Previous Acquisition

6 Months Ended

Jun. 29, 2013

Recovery of Purchase Price from Previous Acquisition

Note D – Recovery of Purchase Price from Previous Acquisition

The sale and purchase agreement (“SPA”) associated with a 2003 European acquisition included a provision whereby the seller was required to pay an amount to the Company if a specified acquired pension plan was determined to be underfunded based on 2008 plan data. The unfunded obligation amount calculated by the plan’s actuary based on that data was disputed by the seller. In accordance with the SPA, the parties entered into arbitration to resolve this matter and, in March 2011, the arbitrator found in favor of the Company. The seller pursued an annulment of the award in French court. In November 2011, the seller paid GBP 5.5 million ($8.8 million, measured at then-current exchange rates) to the Company to allow for future monthly payments to the pension plan, pending a court ruling on their cancellation request. That money was placed in an escrow account with the pension plan acting as trustee. On January 6, 2012, the Company and the seller entered into a settlement agreement that settled all claims by either party for this and any other matter under the original SPA. The seller paid an additional GBP 32.2 million (approximately $50 million, measured at then-current exchange rates) to the Company in February 2012. Following this cash receipt in February 2012, the Company contributed the GBP 37.7 million (approximately $58 million at then-current exchange rates) to the pension plan, resulting in the plan changing from an unfunded liability position to a net asset position since the first quarter of 2012. See additional pension disclosures in Note I.

This pension provision of the SPA was disclosed in 2003 and subsequent periods as a matter that would reduce goodwill when the plan was remeasured and cash received. However, all goodwill associated with this transaction was impaired in 2008, and because the remeasurement process had not yet begun, no estimate of the potential payment to the Company could be made at that time. Consistent with disclosures subsequent to the 2008 goodwill impairment, resolution of this matter in the first quarter of 2012 was reflected as a credit to operating expense. The cash received from the seller, reversal of an accrued liability as a result of the settlement agreement, fees incurred in 2012, and fee reimbursement from the seller have been reported in Recovery of purchase price in the Condensed Consolidated Statements of Operations for the first half of 2012, totaling $68.3 million. An additional expense of $5.2 million of costs incurred in prior periods related to this arrangement is included in General and administrative expenses, resulting in a net increase in operating income for the first half of 2012 of $63.1 million. Similar to the presentation of goodwill impairment in 2008, this recovery and related charge is reported at the Corporate level, not as part of International Division operating income.

The cash payment from the seller was received by a subsidiary of the Company with the Euro as its functional currency and the pension plan funding was made by a subsidiary with Pound Sterling as its functional currency, resulting in certain translation differences between amounts reflected in the Condensed Consolidated Statements of Operations and the Condensed Consolidated Statements of Cash Flows for the first half of 2012. The receipt of cash from the seller is presented as a source of cash in investing activities. The contribution of cash to the pension plan is presented as a use of cash in operating activities.

Severance and Facility Closure

6 Months Ended

Jun. 29, 2013

Severance and Facility Closure

Note E – Severance and Facility Closure

In recent years, the Company has taken actions to adapt to changing and increasingly competitive conditions in the markets in which the Company serves. These actions include closing stores and distribution centers, consolidating functional activities, disposing of businesses and assets, and taking actions to improve process efficiencies.

Severance and facility closure accruals are as follows:


(In millions)	Balance at December 29, 2012		Charges Incurred		Cash Payments			Non-Cash Settlements and Accretion		Currency and Other Adjustments			Balance at June 29, 2013
Termination benefits	$	6	$	15	$	(13	)	$	—	$	—		$	8
Lease and contract obligations, accruals for facilities closures, and other costs		87		1		(18	)		3		(3	)		70

Total	$	93	$	16	$	(31	)	$	3	$	(3	)	$	78

Exit cost charges incurred during the first half of 2013 totaled $16 million. Of this amount, $9 million is included in Operating and selling expenses and $7 million is included in General and administrative expenses in the Condensed Consolidated Statement of Operations. The amounts of these charges that were recognized in North American Retail, North American Business Solutions, and International Divisions were $4 million, $1 million, and $11 million, respectively.

Stockholders' Equity

6 Months Ended

Jun. 29, 2013

Stockholders' Equity

Note F – Stockholders’ Equity

The following table reflects the changes in stockholders’ equity attributable to both Office Depot, Inc. and noncontrolling subsidiary interests.


(In thousands)	Attributable to Office Depot, Inc.			Attributable to noncontrolling interests			Total
Stockholders’ equity at December 29, 2012	$	661,441		$	107		$	661,548
Comprehensive income (loss):
Net earnings (loss)		(60,861	)		12			(60,849	)
Other comprehensive loss		(18,288	)		(4	)		(18,292	)

Comprehensive income (loss)		(79,149	)		8			(79,141	)
Preferred stock dividends		(20,339	)		—			(20,339	)
Share transactions under employee related plans		(1,451	)		—			(1,451	)
Purchase of subsidiary shares from noncontrolling interests		(482	)		(115	)		(597	)
Amortization of long-term incentive stock grants		8,517			—			8,517

Stockholders’ equity at June 29, 2013	$	568,537		$	—		$	568,537

Stockholders’ equity at December 31, 2011	$	739,071		$	214		$	739,285
Comprehensive loss:
Net loss		(7,879	)		(9	)		(7,888	)
Other comprehensive income		295			2			297

Comprehensive loss		(7,584	)		(7	)		(7,591	)
Preferred stock dividends		(15,115	)		—			(15,115	)
Share transactions under employee related plans		888			—			888
Purchase of subsidiary shares from noncontrolling interests		(444	)		(107	)		(551	)
Amortization of long-term incentive stock grants		7,228			—			7,228

Stockholders’ equity June 30, 2012	$	724,044		$	100		$	724,144

Because of valuation allowances in multiple jurisdictions, the tax impact on elements of other comprehensive income is insignificant.

Other comprehensive income activity, net of tax, where applicable, is provided in the following table:


(In thousands)	Foreign Currency Translation Adjustments (b)			Amortization of Gain on Cash Flow Hedge (c)			Change in Deferred Pension			Change in Deferred Cash Flow Hedge (d)			Total
Balance at December 29, 2012	$	215,931		$	390		$	(3,861	)	$	257		$	212,717
Other comprehensive income (loss) activity before reclassifications		(15,021	)		—			226			1,249			(13,546	)
Amounts reclassified from Accumulated other comprehensive income to Consolidated Statement of Operations (a)		(2,991	)		(311	)		—			(1,440	)		(4,742	)

Net current-period other comprehensive income		(18,012	)		(311	)		226			(191	)		(18,288	)

Balance at June 29, 2013	$	197,919		$	79		$	(3,635	)	$	66		$	194,429

(a)	Amounts in parentheses indicate an increase to earnings. The amount of foreign currency translation adjustments reclassified to the Consolidated Statement of Operations for the three months ended June 29, 2013 was insignificant.

(b)	The amount reclassified to the Consolidated Statement of Operations is included in Operating and selling expenses.

(c)	The amount reclassified to the Consolidated Statement of Operations is included in Interest expense.

(d)	Included in the $(1,440) thousand are $(965) thousand and $(475) thousand recorded in Cost of goods sold and occupancy costs and Miscellaneous income, net, respectively.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

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+ Details

Earnings Per Share

6 Months Ended

Jun. 29, 2013

Earnings Per Share

Note G – Earnings Per Share

The following table represents the calculation of net loss per common share:


	Second Quarter						First Half
(In thousands, except per share amounts)	2013			2012			2013			2012
Basic Earnings Per Share
Numerator:
Loss available to common shareholders	$	(64,376	)	$	(64,281	)	$	(81,200	)	$	(22,994	)
Denominator:
Weighted-average shares outstanding		280,507			279,522			281,043			279,037
Basic loss per share	$	(0.23	)	$	(0.23	)	$	(0.29	)	$	(0.08	)

Diluted Earnings Per Share
Numerator:
Net loss attributable to Office Depot, Inc.	$	(54,206	)	$	(57,382	)	$	(60,861	)	$	(7,879	)
Denominator:
Weighted-average shares outstanding		280,507			279,522			281,043			279,037
Effect of dilutive securities:
Stock options and restricted stock		4,083			4,311			5,190			4,538
Redeemable preferred stock		81,355			77,435			81,355			76,491

Diluted weighted-average shares outstanding		365,945			361,268			367,588			360,066
Diluted loss per share		N/A			N/A			N/A			N/A

Basic earnings (loss) per share (“EPS”) is computed after consideration of preferred stock dividends. Shares of the redeemable preferred stock have equal dividend participation rights with common stock. The Company has never paid a dividend on common stock, but the participation provisions require application of the two-class method for computing earnings per share. In periods of sufficient earnings, this method assumes an allocation of undistributed earnings to both participating stock classes. The two-class method impacted the computation of earnings for the first quarter of 2012, but was not applicable to the second quarter or first half of 2012 because it would have been antidilutive. The Preferred Stockholders are not required to fund losses. Following the July 2013 shareholder approval of the transactions contemplated by the Merger Agreement, the Company repurchased 50 percent of the preferred stock outstanding. Beginning in the third quarter of 2013, approximately 40 million shares of the dilutive effect of the redeemable preferred stock will not impact future quarterly calculations. As discussed in Note B, additional shares of the redeemable preferred stock may be repurchased prior to closing of the merger.

Awards of options and nonvested shares representing approximately 9.2 million and 8.9 million additional shares of common stock were outstanding for the second quarter and first half of 2013, respectively, and 17.0 million and 15.4 million for the second quarter and first half of 2012, respectively, but were not included in the computation of diluted weighted-average shares outstanding because their effect would have been antidilutive. For purposes of calculating weighted average shares, no tax benefits have been assumed in jurisdictions where deferred tax valuation allowances have been recorded.

Division Information

6 Months Ended

Jun. 29, 2013

Division Information

Note H – Division Information

Office Depot operates in three Divisions: North American Retail Division, North American Business Solutions Division, and International Division. Each of these Divisions is managed separately primarily because it serves a different customer group. Division operating income (loss) is determined based on the measure of performance reported internally to manage the business and for resource allocation. This measure charges to the respective Divisions those General and administrative and other expenses considered directly or closely related to their operations and allocates corporate support costs. Other companies may charge more or less of these items to their segments and results may not be comparable to similarly titled measures used by other entities.

The following is a summary of significant accounts and balances by each of the Divisions, reconciled to consolidated totals.


	Sales
	Second Quarter				First Half
(In thousands)	2013		2012		2013		2012
North American Retail Division	$	939,467	$	993,852	$	2,083,308	$	2,213,434
North American Business Solutions Division		780,970		796,395		1,596,670		1,624,135
International Division		698,182		716,903		1,456,901		1,542,390

Total	$	2,418,619	$	2,507,150	$	5,136,879	$	5,379,959


	Division Operating Income (Loss)
	Second Quarter						First Half
(In thousands)	2013			2012			2013			2012
North American Retail Division	$	(27,817	)	$	(50,381	)	$	(12,801	)	$	(32,319	)
North American Business Solutions Division		30,748			19,547			56,044			41,505
International Division		(11,268	)		(9,081	)		(6,459	)		(11,178	)

Total	$	(8,337	)	$	(39,915	)	$	36,784		$	(1,992	)

A reconciliation of the measure of Division operating income (loss) to consolidated loss before income taxes is as follows:


	Second Quarter						First Half
(In thousands)	2013			2012			2013			2012
Total Division operating income (loss)	$	(8,337	)	$	(39,915	)	$	36,784		$	(1,992	)
Add/(subtract):
Recovery of purchase price		—			—			—			68,314
Merger and certain shareholder-related expenses		(16,640	)		—			(31,824	)		—
Unallocated charges		(117	)		90			(137	)		(6,784	)
Unallocated operating expenses		(20,038	)		(18,822	)		(40,310	)		(40,495	)
Interest income		—			955			410			1,322
Interest expense		(16,717	)		(17,703	)		(33,112	)		(32,181	)
Loss on extinguishment of debt		—			(41	)		—			(12,110	)
Miscellaneous income, net		7,245			3,967			13,602			12,946

Loss before income taxes	$	(54,604	)	$	(71,469	)	$	(54,587	)	$	(10,980	)

The gross amount of goodwill and the amount of accumulated impairment losses as of June 29, 2013 are provided in the following table:


(In thousands)	North American Retail Division			North American Business Solutions Division			International Division			Total
Goodwill	$	1,842		$	367,790		$	908,015		$	1,277,647
Accumulated impairment losses		(1,842	)		(348,359	)		(863,134	)		(1,213,335	)

Balance as of December 29, 2012		—			19,431			44,881			64,312
2013 Changes:
Foreign currency exchange rate changes		—			—			(1,226	)		(1,226	)

Balance as of June 29, 2013	$	—		$	19,431		$	43,655		$	63,086

Following the July 2013 sale of the Company’s interest in Office Depot de Mexico and return of cash proceeds to the U.S. parent company, the fair value of the reporting unit with goodwill in the International Division will decrease below its carrying value and the full amount of goodwill is expected to be impaired. The gain on sale of investment and goodwill impairment will be recognized in the third quarter of 2013. Refer to Note O.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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+ Details

Employee Benefit Plans

6 Months Ended

Jun. 29, 2013

Employee Benefit Plans

Note I – Employee Benefit Plans

Pension Disclosures

The components of net periodic pension benefit for the Company’s foreign pension plan are as follows:


	Second Quarter						First Half
(In millions)	2013			2012			2013			2012
Service cost	$	—		$	—		$	—		$	—
Interest cost		2.1			2.6			4.3			4.7
Expected return on plan assets		(3.0	)		(3.2	)		(6.1	)		(5.5	)

Net periodic pension benefit	$	(0.9	)	$	(0.6	)	$	(1.8	)	$	(0.8	)

During the first quarter of 2012, the Company settled a dispute related to funding of the pension plan acquired in 2003 and contributed the net settlement to the plan. Refer to Note D. The plan has been in a net asset position since that funding. There are no funding requirements while the plan has an asset surplus.

Income Taxes

6 Months Ended

Jun. 29, 2013

Income Taxes

Note J – Income Taxes

For the first half of 2013, the Company recognized tax expense on a consolidated pre-tax loss. Due to valuation allowance in certain tax jurisdictions, deferred tax benefits are not recognized on pre-tax losses, while tax expense is recognized in jurisdictions with pre-tax earnings. Accordingly, interim income tax accounting is likely to result in significant variability of the effective tax rate throughout the course of the 2013 year. Changes in income projections and the mix of income across jurisdictions could also impact the effective tax rate each quarter. Consistent with the Company’s accounting policy, the income tax impacts of the subsequent events discussed in Note O have not been considered for the second quarter of 2013. The sale of the Company’s investment in Office Depot de Mexico will be considered in the Company’s income tax accounting for the third quarter of 2013.

The income tax benefit recognized for the second quarter of 2013 is less than that recognized for the second quarter of 2012 primarily due to an accrued benefit recognized in the second quarter of 2012 related to the favorable settlement of the U.S. Internal Revenue Service (“IRS”) examination of the 2009 and 2010 years, as discussed below. In addition to this accrued benefit, the income tax benefit recognized for the first half of 2012 was also impacted by the recovery of purchase price that was treated as a purchase price adjustment for tax purposes. As discussed in Note D, this recovery would have been a reduction of related goodwill for financial reporting purposes, but the related goodwill was impaired in 2008. Additionally, the loss on extinguishment of debt in the United States during the first quarter of 2012 did not generate a financial statement tax benefit because of existing valuation allowances.

The Company has reached a settlement with the IRS Appeals Division to close the previously-disclosed IRS deemed royalty assessment relating to foreign operations. The settlement was subject to the Congressional Joint Committee on Taxation approval, which was received during the second quarter of 2013. The resolution of this matter has closed all known disputes with the IRS relating to tax years 2009 and 2010 and should result in a refund of approximately $14 million from a previously approved carryback of a tax accounting method change.

The Company files a U.S. federal income tax return and other income tax returns in various states and foreign jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal, state and local income tax examinations for years before 2009. As discussed above, final resolution on U.S. federal filings for 2009 and 2010 was achieved in the second quarter of 2013. For the 2011 year, the IRS has made a deemed royalty assessment of $12.4 million ($4.3 million tax-effected) relating to 2011 foreign operations. The Company disagrees with this assessment and believes that no uncertain tax position accrual is required as of June 29, 2013. Additionally, the U.S. federal tax return for 2012 is under review, and it is reasonably possible that the audits for one or more of these periods will be closed prior to the end of 2013. Significant international tax jurisdictions include the UK, the Netherlands, France and Germany. Generally, the Company is subject to routine examination for years 2008 and forward in these jurisdictions. It is reasonably possible that certain of these audits will close within the next 12 months, which the Company does not believe would result in a material change in its accrued uncertain tax positions. Additionally, the Company anticipates that it is reasonably possible that new issues will be raised or resolved by tax authorities that may require changes to the balance of unrecognized tax benefits; however, an estimate of such changes cannot reasonably be made.

Fair Value Measurements

6 Months Ended

Jun. 29, 2013

Fair Value Measurements

Note K – Fair Value Measurements

The Company measures fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In developing its fair value estimates, the Company uses the following hierarchy:

Level 1:

Quoted prices in active markets for identical assets or liabilities.

Level 2:

Observable market based inputs or unobservable inputs that are corroborated by market data.

Level 3:

Significant unobservable inputs that are not corroborated by market data. Generally, these fair value measures are model-based valuation techniques such as discounted cash flows or option pricing models using the Company’s own estimates and assumptions or those expected to be used by market participants.

The fair values of cash and cash equivalents, receivables, accounts payable and accrued expenses and other current liabilities approximate their carrying values because of their short-term nature.

The fair values of foreign currency contracts and fuel contracts are the amounts receivable or payable to terminate the agreements at the reporting date, taking into account current exchange rates and commodity prices. The values are based on market-based inputs or unobservable inputs that are corroborated by market data. At the end of the second quarter of 2013, the amounts receivable or payable under foreign currency and fuel contracts were not significant.

The Company records its senior notes payable at par value, adjusted for amortization of a fair value hedge which was cancelled in 2005. The fair value of the Senior Notes and the Senior Secured Notes are considered Level 2 fair value measurements and are based on market trades of these securities on or about the dates below.


	June 29, 2013				December 29, 2012				June 30, 2012
(In thousands)	Carrying Value		Fair Value		Carrying Value		Fair Value		Carrying Value		Fair Value
6.25% senior notes	$	150,006	$	150,000	$	149,953	$	153,750	$	149,963	$	149,984
9.75% senior secured notes	$	250,000	$	303,125	$	250,000	$	265,938	$	250,000	$	246,563

Fair Value Estimates Used in Impairment Analyses

North American Retail Division

Because of declining sales in recent periods, the Company has conducted a detailed quarterly store impairment analysis. The analysis uses input from retail store operations and the Company’s accounting and finance personnel that organizationally report to the Chief Financial Officer. These projections are based on management’s estimates of store-level sales, gross margins, direct expenses, exercise of future lease renewal options, where applicable, and resulting cash flows and, by their nature, include judgments about how current initiatives will impact future performance. If the anticipated cash flows of a store cannot support the carrying value of its assets, the assets are impaired and written down to estimated fair value using Level 3 inputs. The Company recognized store asset impairment charges of $4 million and $10 million, in the second quarter and first half of 2013, respectively, and $24 million and $42 million, in the second quarter and first half of 2012, respectively.

The second quarter 2013 impairment charge reflects 16 stores that were reduced to estimated salvage value of $0.5 million, 145 previously fully impaired stores that had asset additions during the period impaired and long-lived assets for 16 locations that were reduced to estimated fair value of $1.7 million based on their projected cash flows, discounted at 13%. The remaining value after asset impairment charges will be depreciated over the remaining useful lives. A 100 basis point decrease in sales used in these estimates would have no significant impact on the impairment amount. Independent of the sensitivity on sales assumptions, a 50 basis point decrease in gross margin would have increased the impairment charge by approximately $1.6 million. The interrelationship of having both of those inputs change as indicated would have increased the impairment by approximately $1.9 million.

The Company will continue to evaluate initiatives to improve performance and lower operating costs. To the extent that forward-looking sales and operating assumptions are not achieved and are subsequently reduced, or in certain circumstances, even if store performance is as anticipated, additional impairment charges may result. However, at the end of the second quarter of 2013, the impairment analysis reflects the Company’s best estimate of future performance, including the intended future use of the Company’s retail store assets.

Fair Value Estimates Used for Paid-in-Kind Dividends

The Company’s Board of Directors can elect to pay quarterly dividends on the preferred stock in cash or in-kind. Dividends paid-in-kind are measured at fair value, using Level 3 inputs. The Company uses a binomial simulation that captures the call, conversion, and interest rate reset features as well as the optionality of paying the dividend in-kind or in cash. The Board of Directors and Company’s management consider then-current and estimated future liquidity factors in making that quarterly decision.

Dividends were paid in cash for the first and second quarters of 2013 and paid-in-kind for the first and second quarters of 2012. For the second quarter of 2012, the simulation was based on a beginning stock price of $2.16, stock price volatility of 64.9%, a risk free rate of 2.8%, and credit spread of 13.6%. The calculation resulted in a fair value estimate of approximately $6.9 million for the second quarter of 2012. A stock price volatility of 55% or 75% would have increased the estimate by $0.9 million or decreased the estimate by $0.7 million, respectively. Using a beginning of period stock price of $1.50 or $3.00 would have decreased the estimate by $1.1 million or increased the estimate by $1.0 million, respectively. Assuming all future dividends would be paid in cash would have increased the estimate by $1.5 million. Assuming all future dividends would be paid-in-kind would have had no significant impact on the estimate.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Derivative Instruments and Hedging Activity

6 Months Ended

Jun. 29, 2013

Derivative Instruments and Hedging Activity

Note L – Derivative Instruments and Hedging Activity

As a global supplier of office products and services the Company is exposed to risks associated with changes in foreign currency exchange rates, commodity prices, interest rates, and changing fuel prices from inbound and outbound transportation arrangements. The Company may enter into derivative transactions to mitigate such risks. Financial instruments authorized under the Company’s established risk management policy include spot trades, swaps, options, caps, collars, forwards and futures. Use of derivative financial instruments for speculative purposes is expressly prohibited. The fair value and activity of derivative financial instruments were not material as of and for the periods ended June 29, 2013 or June 30, 2012.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Investment in Unconsolidated Joint Venture

6 Months Ended

Jun. 29, 2013

Investment in Unconsolidated Joint Venture

Note M – Investment in Unconsolidated Joint Venture

The Company participates in a joint venture in Mexico, Office Depot de Mexico. Because control is shared equally with a partner, this investment is accounted for using the equity method. The investment balance of $254.7 million, $241.8 million and $219.0 million at June 29, 2013, December 29, 2012 and June 30, 2012, respectively, and is included in Other Assets in the Condensed Consolidated Balance Sheets. The Company’s proportionate share of Office Depot de Mexico’s net income is presented in Miscellaneous income, net in the Condensed Consolidated Statements of Operations.

The following tables provide summarized information from the balance sheets and statements of income for Office Depot de Mexico:


	June 29,		December 29,		June 30,
(In thousands)	2013		2012		2012
Current assets	$	390,515	$	377,405	$	438,335
Non-current assets		321,660		333,788		313,463
Current liabilities		201,133		219,774		323,093
Non-current liabilities		3,530		7,344		3,243


	Second Quarter				First Half
(In thousands)	2013		2012		2013		2012
Sales	$	274,505	$	259,931	$	562,886	$	544,583
Gross profit		84,171		78,019		169,043		160,523
Net income		13,793		9,778		28,374		26,350

On July 9, 2013, the Company completed the sale of its ownership interest in Office Depot de Mexico to the joint venture partner. Refer to Note O.

Commitments and Contingencies

6 Months Ended

Jun. 29, 2013

Commitments and Contingencies

Note N – Commitments and Contingencies

The Company is involved in litigation arising in the normal course of business. While, from time to time, claims are asserted that make demands for a large sum of money (including, from time to time, actions which are asserted to be maintainable as class action suits), the Company does not believe that contingent liabilities related to these matters (including the matters discussed below), either individually or in the aggregate, will materially affect the Company’s financial position, results of operations or cash flows.

In addition, in the ordinary course of business, sales to and transactions with government customers may be subject to lawsuits, investigations, audits and review by governmental authorities and regulatory agencies, with which the Company cooperates. Many of these lawsuits, investigations, audits and reviews are resolved without material impact to the Company. While claims in these matters may at times assert large demands, the Company does not believe that contingent liabilities related to these matters, either individually or in the aggregate, will materially affect our financial position, results of our operations or cash flows. In addition to the foregoing, State of California et. al. ex. rel. David Sherwin v. Office Depot was filed in Superior Court for the State of California, Los Angeles County, and unsealed on October 19, 2012. This lawsuit relates to allegations regarding certain pricing practices in California under now expired agreements that were in place between 2001 and 2011, pursuant to which state, local and non-profit agencies purchased office supplies (the “Purchasing Agreements”) from us. This action seeks as relief monetary damages. This lawsuit is now pending in the United States District Court for the Central District of California after a Notice of Removal was filed by the Company. We believe that adequate provisions have been made for probable losses on one claim in this matter and such amounts are not material. However, in light of the early stages of the other claims and the inherent uncertainty of litigation, we are unable to reasonably determine the full effect of the potential liability in the matter. Office Depot intends to vigorously defend itself in this lawsuit, and filed a motion to dismiss. The Court vacated the motion to dismiss while the Court determines its jurisdiction. Additionally, during the first quarter of 2011, we were notified that the United States Department of Justice (“DOJ”) commenced an investigation into certain pricing practices related to the Purchasing Agreement. We have cooperated with the DOJ on this matter.

On February 20, 2013, Office Depot and OfficeMax announced a definitive agreement under which the companies would combine in an all-stock merger-of-equals transaction. Between February 25, 2013 and March 29, 2013, six putative class action lawsuits were filed by purported OfficeMax shareholders in the Circuit Court of the Eighteenth Judicial Circuit in DuPage County, Illinois challenging the transaction and alleging that the defendant companies and individual members of OfficeMax’s Board of Directors violated applicable laws by breaching their fiduciary duties and/or aiding and abetting such breaches. The plaintiffs sought, among other things, injunctive relief and rescission, as well as fees and costs. The lawsuits were consolidated as Venkata S. Donepudi v. OfficeMax Incorporated et. al. Subsequently, two similar lawsuits were filed in the United States District Court for the Northern District of Illinois. Like the state court lawsuits, the federal actions alleged that the disclosure in the joint proxy statement/prospectus was inadequate. On June 25, 2013, the parties entered into a Memorandum of Understanding (“MOU”) regarding settlement of the litigation. In consideration for the settlement and release, Office Depot and OfficeMax made certain supplemental disclosures to the joint proxy statement/prospectus. The MOU contemplates that the parties will attempt in good faith to agree to a stipulation of settlement to be submitted to the court for approval.

Subsequent Events

6 Months Ended

Jun. 29, 2013

Subsequent Events

Note O – Subsequent Events

Sale of Joint Venture Interest

On July 9, 2013, the Company closed on the sale of its 50 percent investment in Office Depot de Mexico to Grupo Gigante, S.A.B. de C.V. for the Mexican Peso amount of 8,777 million in cash. The transaction is expected to provide approximately $550 million of after-tax proceeds and result in an after-tax gain of approximately $240 million, though these amounts are not yet final. The gain will be recognized in the third quarter of 2013 as a component of Other income (expense) in the Condensed Consolidated Statements of Operations.

The disposition of this asset from the International Division and return of cash to the U.S. parent is expected to result in the fair value of the related reporting unit falling below its carrying value. It is expected that goodwill impairment of $43.7 million also will be recognized in the third quarter of 2013 and reported on the Asset impairments line in the Condensed Consolidated Statements of Operations.

Shareholder Approval of the Merger

On July 10, 2013, shareholders of the Company and shareholders of OfficeMax approved the transactions contemplated by the Merger Agreement. The merger will not be final until the receipt of certain regulatory approvals and completion of other customary closing conditions. As provided for in Merger-related Agreements, on July 11, 2013, the Company redeemed 50 percent of the redeemable preferred stock with a cash payment of $216.2 million. This payment included $23.0 million that will be classified as a preferred stock dividend in the third quarter 2013 Condensed Consolidated Statements of Operations, reducing net earnings or increasing net loss attributable to common shareholders. This incremental dividend represents the redemption price of 106% of the liquidation preference that was in excess of the carrying value of the related preferred stock. The liquidation preference value exceeded the carrying value of the preferred stock because of prior period paid-in-kind dividends that were valued for accounting purposes in excess of the stated dividend rate, partially offset by deferred issuance costs. Under certain conditions provided by the Merger-related Agreements, the remaining preferred stock may be either redeemed by the Company or converted to Company common stock and sold by the Preferred Stockholders.

Summary of Significant Accounting Policies (Policies)	6 Months Ended
Summary of Significant Accounting Policies (Policies)	Jun. 29, 2013
Basis of Presentation	*Basis of Presentation:* Office Depot, Inc., including consolidated subsidiaries (“Office Depot” or the “Company”), is a global supplier of office products and services. The Condensed Consolidated Balance Sheet at December 29, 2012 has been derived from audited financial statements at that date. The condensed consolidated interim financial statements as of June 29, 2013 and June 30, 2012, and for the 13-week and 26-week periods ended June 29, 2013 (also referred to as “the second quarter of 2013” and “the first half of 2013”) and June 30, 2012 (also referred to as “the second quarter of 2012” and “the first half of 2012”) are unaudited. However, in our opinion, these financial statements reflect all adjustments of a normal recurring nature necessary to provide a fair presentation of the Company’s financial position, results of operations and cash flows for the periods presented. During the first quarter of 2013, the Company modified its measure of business segment operating income for management reporting purposes to allocate to the Company’s three segments, North American Retail Division, North American Business Solutions Division and International Division (the “Divisions”), additional General and administrative and other expenses, as well as to allocate to the Divisions additional assets, capital expenditures and related depreciation expense. No changes have been made to the composition of these reportable segments. Additionally, the Company changed its accounting principle of presenting shipping and handling expenses in Operating and selling expenses (previously Store and warehouse operating and selling expenses) to a preferable accounting principle of presenting such expenses in Costs of goods sold and occupancy costs. The Company considers this presentation preferable because it includes costs associated with revenues in the calculation of gross profit and provides better comparability to industry peers. Prior period results have been reclassified to conform to the current period presentation for both the change in accounting principle and the change in measurement of Division operating income (loss). These changes result in the decrease in Gross profit in the Condensed Consolidated Statements of Operations and revised measure of Division operating income (loss) in Note H. For purposes of comparability, the shipping and handling expenses for the second quarter and first half of 2012 have been reclassified, resulting in an increase in Costs of goods sold and occupancy costs of $173.9 million and $362.7 million, respectively, with a corresponding decrease in Operating and selling expenses. Division operating income (loss) for the second quarter and first half of 2012 have been revised to include $68.5 million and $132.7 million, respectively, of General and administrative and other expenses that previously were considered Corporate costs, and to reflect other Divisional cost allocations that have been revised to conform to allocation rates used in the current period. Neither the change in accounting principle, nor the change in Division operating income (loss) impacted Consolidated Operating income (loss), Net loss, or Loss per share for the periods presented. We have included the balance sheet from June 30, 2012 to assist in analyzing the Company. These interim results are not necessarily indicative of the results that should be expected for the full year. For a better understanding of the Company and its Condensed Consolidated Financial Statements, we recommend reading these Condensed Consolidated Financial Statements in conjunction with the audited financial statements which are included in the Annual Report on Form 10-K for the year ended December 29, 2012, filed on February 20, 2013 with the U.S. Securities and Exchange Commission (“SEC”), as updated with subsequent current reports in 2013, including the Form 8-K filed on April 30, 2013 that retrospectively applied these accounting changes to each of the three fiscal years in the period ended December 29, 2012.
Cash Management	*Cash Management:* The cash management process generally utilizes zero balance accounts which provide for the settlement of the related disbursement and cash concentration accounts on a daily basis. Accounts payable and accrued expenses as of June 29, 2013, December 29, 2012 and June 30, 2012 included $35 million, $53 million and $45 million, respectively, of amounts not yet presented for payment drawn in excess of disbursement account book balances, after considering offset provisions. Cash and cash equivalents held outside the U.S. at June 29, 2013 amounted to $122 million.
Receivables under Factoring Agreement	*Receivables under Factoring Agreement:* The Company sells selected accounts receivables on a non-recourse basis to an unrelated financial institution under a factoring agreement in France. The Company accounts for this transaction as a sale of receivables, removes receivables sold from its financial statements, and records cash proceeds when received by the Company as cash provided by operating activities in the Statement of Cash Flows. The financial institution makes available 80% of the face value of the receivables to the Company and retains the remaining 20% as a guarantee until the receipt of the proceeds associated with the factored invoices. The Company activated the arrangement in the fourth quarter of 2012. In the second quarter of 2013, the Company sold receivables totaling $109 million, which the Company withdrew and settled in cash. In the first half of 2013, the Company sold receivables totaling $229 million, of which the Company withdrew $191 million and settled in cash. For the remaining $38 million receivables sold in the first half of 2013, the Company did not obtain cash directly from the financial institution. A retention guarantee of $11 million and $13 million are included in Prepaid expenses and other current assets as of June 29, 2013 and December 29, 2012, respectively. A receivable from the financial institution related to factored receivables of $11 million and $51 million are included in Receivables as of June 29, 2013 and December 29, 2012, respectively.
New Accounting Pronouncements	*New Accounting Pronouncements:* Effective for years beginning after December 15, 2013, transactions or events that result in companies losing a controlling interest in a foreign entity will cause the release of the related cumulative translation adjustment (“CTA”) amounts. Under current accounting rules, release of CTA only follows complete or substantially complete liquidation of a foreign entity. While there are no actions in process that would be impacted by this change in accounting, the Company continues to evaluate its foreign entities’ operations and future periods could be affected.

Severance and Facility Closure (Tables)

6 Months Ended

Jun. 29, 2013

Severance And Facility Closure Accruals

Severance and Facility Closure Accruals

Severance and facility closure accruals are as follows:


(In millions)	Balance at December 29, 2012		Charges Incurred		Cash Payments			Non-Cash Settlements and Accretion		Currency and Other Adjustments			Balance at June 29, 2013
Termination benefits	$	6	$	15	$	(13	)	$	—	$	—		$	8
Lease and contract obligations, accruals for facilities closures, and other costs		87		1		(18	)		3		(3	)		70

Total	$	93	$	16	$	(31	)	$	3	$	(3	)	$	78

Stockholders' Equity (Tables)

6 Months Ended

Jun. 29, 2013

Schedule of Stockholders Equity

The following table reflects the changes in stockholders’ equity attributable to both Office Depot, Inc. and noncontrolling subsidiary interests.


(In thousands)	Attributable to Office Depot, Inc.			Attributable to noncontrolling interests			Total
Stockholders’ equity at December 29, 2012	$	661,441		$	107		$	661,548
Comprehensive income (loss):
Net earnings (loss)		(60,861	)		12			(60,849	)
Other comprehensive loss		(18,288	)		(4	)		(18,292	)

Comprehensive income (loss)		(79,149	)		8			(79,141	)
Preferred stock dividends		(20,339	)		—			(20,339	)
Share transactions under employee related plans		(1,451	)		—			(1,451	)
Purchase of subsidiary shares from noncontrolling interests		(482	)		(115	)		(597	)
Amortization of long-term incentive stock grants		8,517			—			8,517

Stockholders’ equity at June 29, 2013	$	568,537		$	—		$	568,537

Stockholders’ equity at December 31, 2011	$	739,071		$	214		$	739,285
Comprehensive loss:
Net loss		(7,879	)		(9	)		(7,888	)
Other comprehensive income		295			2			297

Comprehensive loss		(7,584	)		(7	)		(7,591	)
Preferred stock dividends		(15,115	)		—			(15,115	)
Share transactions under employee related plans		888			—			888
Purchase of subsidiary shares from noncontrolling interests		(444	)		(107	)		(551	)
Amortization of long-term incentive stock grants		7,228			—			7,228

Stockholders’ equity June 30, 2012	$	724,044		$	100		$	724,144

Other Comprehensive Income Activity Net of Tax

Other comprehensive income activity, net of tax, where applicable, is provided in the following table:


(In thousands)	Foreign Currency Translation Adjustments (b)			Amortization of Gain on Cash Flow Hedge (c)			Change in Deferred Pension			Change in Deferred Cash Flow Hedge (d)			Total
Balance at December 29, 2012	$	215,931		$	390		$	(3,861	)	$	257		$	212,717
Other comprehensive income (loss) activity before reclassifications		(15,021	)		—			226			1,249			(13,546	)
Amounts reclassified from Accumulated other comprehensive income to Consolidated Statement of Operations (a)		(2,991	)		(311	)		—			(1,440	)		(4,742	)

Net current-period other comprehensive income		(18,012	)		(311	)		226			(191	)		(18,288	)

Balance at June 29, 2013	$	197,919		$	79		$	(3,635	)	$	66		$	194,429

(a)	Amounts in parentheses indicate an increase to earnings. The amount of foreign currency translation adjustments reclassified to the Consolidated Statement of Operations for the three months ended June 29, 2013 was insignificant.

(b)	The amount reclassified to the Consolidated Statement of Operations is included in Operating and selling expenses.

(c)	The amount reclassified to the Consolidated Statement of Operations is included in Interest expense.

(d)	Included in the $(1,440) thousand are $(965) thousand and $(475) thousand recorded in Cost of goods sold and occupancy costs and Miscellaneous income, net, respectively.

Earnings Per Share (Tables)

6 Months Ended

Jun. 29, 2013

Calculation of Net Earnings Loss Per Common Share

The following table represents the calculation of net loss per common share:


	Second Quarter						First Half
(In thousands, except per share amounts)	2013			2012			2013			2012
Basic Earnings Per Share
Numerator:
Loss available to common shareholders	$	(64,376	)	$	(64,281	)	$	(81,200	)	$	(22,994	)
Denominator:
Weighted-average shares outstanding		280,507			279,522			281,043			279,037
Basic loss per share	$	(0.23	)	$	(0.23	)	$	(0.29	)	$	(0.08	)

Diluted Earnings Per Share
Numerator:
Net loss attributable to Office Depot, Inc.	$	(54,206	)	$	(57,382	)	$	(60,861	)	$	(7,879	)
Denominator:
Weighted-average shares outstanding		280,507			279,522			281,043			279,037
Effect of dilutive securities:
Stock options and restricted stock		4,083			4,311			5,190			4,538
Redeemable preferred stock		81,355			77,435			81,355			76,491

Diluted weighted-average shares outstanding		365,945			361,268			367,588			360,066
Diluted loss per share		N/A			N/A			N/A			N/A

Division Information (Tables)

6 Months Ended

Jun. 29, 2013

Reconciliation of Revenue from Segments to Consolidated

The following is a summary of significant accounts and balances by each of the Divisions, reconciled to consolidated totals.


	Sales
	Second Quarter				First Half
(In thousands)	2013		2012		2013		2012
North American Retail Division	$	939,467	$	993,852	$	2,083,308	$	2,213,434
North American Business Solutions Division		780,970		796,395		1,596,670		1,624,135
International Division		698,182		716,903		1,456,901		1,542,390

Total	$	2,418,619	$	2,507,150	$	5,136,879	$	5,379,959

Division Operating Income (loss)


	Division Operating Income (Loss)
	Second Quarter						First Half
(In thousands)	2013			2012			2013			2012
North American Retail Division	$	(27,817	)	$	(50,381	)	$	(12,801	)	$	(32,319	)
North American Business Solutions Division		30,748			19,547			56,044			41,505
International Division		(11,268	)		(9,081	)		(6,459	)		(11,178	)

Total	$	(8,337	)	$	(39,915	)	$	36,784		$	(1,992	)

Reconciliation of The Measure Of Division Operating Income (Loss) to Consolidated Earnings (Loss) Before Income Taxes

A reconciliation of the measure of Division operating income (loss) to consolidated loss before income taxes is as follows:


	Second Quarter						First Half
(In thousands)	2013			2012			2013			2012
Total Division operating income (loss)	$	(8,337	)	$	(39,915	)	$	36,784		$	(1,992	)
Add/(subtract):
Recovery of purchase price		—			—			—			68,314
Merger and certain shareholder-related expenses		(16,640	)		—			(31,824	)		—
Unallocated charges		(117	)		90			(137	)		(6,784	)
Unallocated operating expenses		(20,038	)		(18,822	)		(40,310	)		(40,495	)
Interest income		—			955			410			1,322
Interest expense		(16,717	)		(17,703	)		(33,112	)		(32,181	)
Loss on extinguishment of debt		—			(41	)		—			(12,110	)
Miscellaneous income, net		7,245			3,967			13,602			12,946

Loss before income taxes	$	(54,604	)	$	(71,469	)	$	(54,587	)	$	(10,980	)

Schedule of Goodwill

The gross amount of goodwill and the amount of accumulated impairment losses as of June 29, 2013 are provided in the following table:


(In thousands)	North American Retail Division			North American Business Solutions Division			International Division			Total
Goodwill	$	1,842		$	367,790		$	908,015		$	1,277,647
Accumulated impairment losses		(1,842	)		(348,359	)		(863,134	)		(1,213,335	)

Balance as of December 29, 2012		—			19,431			44,881			64,312
2013 Changes:
Foreign currency exchange rate changes		—			—			(1,226	)		(1,226	)

Balance as of June 29, 2013	$	—		$	19,431		$	43,655		$	63,086

Employee Benefit Plans (Tables)

6 Months Ended

Jun. 29, 2013

Components of Net Periodic Pension Benefit

The components of net periodic pension benefit for the Company’s foreign pension plan are as follows:


	Second Quarter						First Half
(In millions)	2013			2012			2013			2012
Service cost	$	—		$	—		$	—		$	—
Interest cost		2.1			2.6			4.3			4.7
Expected return on plan assets		(3.0	)		(3.2	)		(6.1	)		(5.5	)

Net periodic pension benefit	$	(0.9	)	$	(0.6	)	$	(1.8	)	$	(0.8	)

Fair Value Measurements (Tables)

6 Months Ended

Jun. 29, 2013

Schedule of Fair Value of Senior Notes

The fair value of the Senior Notes and the Senior Secured Notes are considered Level 2 fair value measurements and are based on market trades of these securities on or about the dates below.


	June 29, 2013				December 29, 2012				June 30, 2012
(In thousands)	Carrying Value		Fair Value		Carrying Value		Fair Value		Carrying Value		Fair Value
6.25% senior notes	$	150,006	$	150,000	$	149,953	$	153,750	$	149,963	$	149,984
9.75% senior secured notes	$	250,000	$	303,125	$	250,000	$	265,938	$	250,000	$	246,563

Investment in Unconsolidated Joint Venture (Tables)

6 Months Ended

Jun. 29, 2013

Summary of Balance Sheet and Statement of Income for Office Depot de Mexico

The following tables provide summarized information from the balance sheets and statements of income for Office Depot de Mexico:


	June 29,		December 29,		June 30,
(In thousands)	2013		2012		2012
Current assets	$	390,515	$	377,405	$	438,335
Non-current assets		321,660		333,788		313,463
Current liabilities		201,133		219,774		323,093
Non-current liabilities		3,530		7,344		3,243


	Second Quarter				First Half
(In thousands)	2013		2012		2013		2012
Sales	$	274,505	$	259,931	$	562,886	$	544,583
Gross profit		84,171		78,019		169,043		160,523
Net income		13,793		9,778		28,374		26,350

Summary of Significant Accounting Policies - Additional Information (Detail) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 29, 2013 USD ($)	Jun. 30, 2012 USD ($)	Jun. 29, 2013 USD ($) Segment	Jun. 30, 2012 USD ($)	Dec. 29, 2012 USD ($)	Dec. 31, 2011 USD ($)
Basis Of Presentation And Significant Accounting Policies [Line Items]
Number of operating segments \| Segment			3
Accounts payable reclassification	$ 35,000	$ 45,000	$ 35,000	$ 45,000	$ 53,000
Cash and cash equivalents	471,955	422,679	$ 471,955	422,679	670,811	$ 570,681
Factoring agreement, percentage of face value of receivable advanced by the financial institution			80.00%
Factoring agreement, percentage of face value of receivable retained by the financial institution as guarantee			20.00%
Reclassifications
Basis Of Presentation And Significant Accounting Policies [Line Items]
Incremental operating expenses allocated to divisions		68,500		132,700
Reclassifications \| North American Retail And Business Solutions And International
Basis Of Presentation And Significant Accounting Policies [Line Items]
Operating income		$ 173,900		$ 362,700
Prepaid Expenses and Other Current Assets
Basis Of Presentation And Significant Accounting Policies [Line Items]
Factoring agreement, retention guarantee	11,000		$ 11,000		13,000
Receivables
Basis Of Presentation And Significant Accounting Policies [Line Items]
Receivables under Factoring Agreement			11,000		$ 51,000
Receivables Sold Under Factoring Agreement during the period
Basis Of Presentation And Significant Accounting Policies [Line Items]
Receivables under Factoring Agreement	109,000		229,000
Amount settled in Cash
Basis Of Presentation And Significant Accounting Policies [Line Items]
Receivables under Factoring Agreement			191,000
Amount settled as non-cash transaction
Basis Of Presentation And Significant Accounting Policies [Line Items]
Receivables under Factoring Agreement			38,000
Outside The United States
Basis Of Presentation And Significant Accounting Policies [Line Items]
Cash and cash equivalents	$ 122,000		$ 122,000

Merger Agreement - Additional Information (Detail) $ in Millions	1 Months Ended	6 Months Ended
	Jul. 11, 2013 USD ($)	Jun. 29, 2013 USD ($) Director shares
Maximum
Business Acquisition [Line Items]
Percentage of common stock to be granted to existing preferred shareholders upon conversion		5.00%
Subsequent Event
Business Acquisition [Line Items]
Preferred stock percentage, redeemable for cash	50.00%
Payment for redemption of preferred stock \| $	$ 216.2
Preferred stock dividend payment associated with redemption \| $	$ 23.0
OfficeMax Incorporated
Business Acquisition [Line Items]
Date of merger agreement with OfficeMax		Feb. 20, 2013
Merger agreement, new shares of common stock issuable \| shares		2.69
Business combination agreement, Termination fee \| $		$ 30.0
If no successor CEO has been selected by the time of closing \| OfficeMax Incorporated
Business Acquisition [Line Items]
Number of new directors to be appointed		5
If no successor CEO has been selected by the time of closing \| Office Depot, Incorporated
Business Acquisition [Line Items]
Number of new directors to be appointed		5
In the event the successor CEO selected by the time of closing is either the current CEO of the company or OfficeMax
Business Acquisition [Line Items]
Number of new directors to be appointed		1
Number of members of Board of directors		12
If a successor CEO has been selected by the time of closing and the CEO is neither the current CEO of the company nor OfficeMax
Business Acquisition [Line Items]
Number of members of Board of directors		11
If a successor CEO has been selected by the time of closing and the CEO is neither the current CEO of the company nor OfficeMax \| OfficeMax Incorporated
Business Acquisition [Line Items]
Number of new directors to be appointed		5
If a successor CEO has been selected by the time of closing and the CEO is neither the current CEO of the company nor OfficeMax \| Office Depot, Incorporated
Business Acquisition [Line Items]
Number of new directors to be appointed		5
Converted to common stock and sold by Preferred Stockholders \| Convertible Preferred Stock or Redeemed in Cash
Business Acquisition [Line Items]
Preferred stock percentage, convertible		50.00%

Debt - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
Debt - Additional Information (Detail) - USD ($)	Jul. 09, 2013	Jun. 30, 2012	Mar. 31, 2012	Jun. 29, 2013	Jun. 30, 2012	Dec. 29, 2012	Mar. 15, 2012	Mar. 14, 2012
Debt Instrument [Line Items]
Acquisition of voting power				50.00%
Loss on extinguishment of debt		$ (41,000)	$ (41,000)		$ (12,110,000)
Amended Credit Agreement
Debt Instrument [Line Items]
Aggregate principal amount of senior secured notes				$ 250,000,000
9.75% senior secured notes
Debt Instrument [Line Items]
Interest rate on senior notes				9.75%
Extended maturity date				Mar. 15, 2019
Capitalized debt issuance costs								$ 7,000,000
Final year of deferred finance costs amortization				2019
Senior notes, redemption rate excluding premium percentage				100.00%
Redemption prices, plus accrued and unpaid interest, Percentage				101.00%
9.75% senior secured notes \| Subsequent Event
Debt Instrument [Line Items]
Senior notes, redemption rate excluding premium percentage	100.00%
Debt instrument repurchase amount	$ 250,000,000
Days after closing sale of ownership to offer debt repurchase	30 days
9.75% senior secured notes \| Redeemed On or Prior To March 15, 2015
Debt Instrument [Line Items]
Senior notes, redemption rate of principal amount				109.75%
Senior notes, early redemption date				Mar. 15, 2015
Senior notes, redemption rate of principal amount				35.00%
9.75% senior secured notes \| Redeemed On or Prior To March 15, 2016
Debt Instrument [Line Items]
Senior notes, redemption rate of principal amount				104.875%
Senior notes, early redemption date				Mar. 15, 2016
6.25% Senior Notes
Debt Instrument [Line Items]
Interest rate on senior notes							6.25%
Face amount of senior notes redeemed							$ 250,000,000
Senior notes, redemption date							Mar. 15, 2012
Face amount of each note							$ 1,000.00
Total consideration for each $1,000 note surrendered				$ 1,050.00
Outstanding 6.25% senior notes classified as a current liability				$ 150,000,000		$ 150,000,000
Senior notes, maturity year				2013-08

Recovery of Purchase Price from Previous Acquisition - Additional Information (Detail) $ in Thousands, £ in Millions	1 Months Ended				3 Months Ended	6 Months Ended
	Feb. 29, 2012 USD ($)	Feb. 29, 2012 GBP (£)	Nov. 30, 2011 USD ($)	Nov. 30, 2011 GBP (£)	Mar. 31, 2012 USD ($)	Jun. 30, 2012 USD ($)
Business Combination, Separately Recognized Transactions [Line Items]
Proceeds from legal settlement	$ 50,000	£ 32.2	$ 8,800	£ 5.5
Pension plan, company contribution	$ 58,000	£ 37.7
Recovery of purchase price					$ 68,300	$ 68,314
Expenses incurred in prior periods					5,200
Recovery of purchase price, net amount					$ 63,100
Settlement agreement date					Jan. 06, 2012

Severance and Facility Closure Costs (Detail) $ in Millions	6 Months Ended
Severance and Facility Closure Costs (Detail) $ in Millions	Jun. 29, 2013 USD ($)
Restructuring Cost and Reserve [Line Items]
Beginning Balance	$ 93
Charges Incurred	16
Cash Payments	(31)
Non-Cash Settlements and Accretion	3
Currency and Other Adjustments	(3)
Ending Balance	78
Termination benefits
Restructuring Cost and Reserve [Line Items]
Beginning Balance	6
Charges Incurred	15
Cash Payments	(13)
Ending Balance	8
Lease and contract obligations, accruals for facilities closures, and other costs
Restructuring Cost and Reserve [Line Items]
Beginning Balance	87
Charges Incurred	1
Cash Payments	(18)
Non-Cash Settlements and Accretion	3
Currency and Other Adjustments	(3)
Ending Balance	$ 70

Severance and Facility Closure - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 29, 2013 USD ($)
North American Retail Division
Restructuring and Related Cost [Abstract]
Exit cost charges	$ 4
North American Business Solutions Division
Restructuring and Related Cost [Abstract]
Exit cost charges	1
International Division
Restructuring and Related Cost [Abstract]
Exit cost charges	11
Closing Stores And Distribution Centers
Restructuring and Related Cost [Abstract]
Exit cost charges	16
Operating and selling expenses
Restructuring and Related Cost [Abstract]
Exit cost charges	9
General and administrative expenses
Restructuring and Related Cost [Abstract]
Exit cost charges	$ 7

Schedule of Stockholders Equity (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Stockholders Equity [Line Items]
Beginning Balance			$ 661,548	$ 739,285
Net earnings (loss)	$ (54,206)	$ (57,387)	(60,849)	(7,888)
Other comprehensive income (loss)	(5,917)	(32,035)	(18,292)	297
Comprehensive income (loss)	(60,123)	(89,422)	(79,141)	(7,591)
Preferred stock dividends	(10,170)	(6,899)	(20,339)	(15,115)
Share transactions under employee related plans			(1,451)	888
Purchase of subsidiary shares from noncontrolling interests			(597)	(551)
Amortization of long-term incentive stock grants			8,517	7,228
Ending Balance	568,537	724,144	568,537	724,144
Attributable to Office Depot, Inc.
Stockholders Equity [Line Items]
Beginning Balance			661,441	739,071
Net earnings (loss)			(60,861)	(7,879)
Other comprehensive income (loss)			(18,288)	295
Comprehensive income (loss)			(79,149)	(7,584)
Preferred stock dividends			(20,339)	(15,115)
Share transactions under employee related plans			(1,451)	888
Purchase of subsidiary shares from noncontrolling interests			(482)	(444)
Amortization of long-term incentive stock grants			8,517	7,228
Ending Balance	$ 568,537	724,044	568,537	724,044
Attributable To Noncontrolling Interest
Stockholders Equity [Line Items]
Beginning Balance			107	214
Net earnings (loss)			12	(9)
Other comprehensive income (loss)			(4)	2
Comprehensive income (loss)			8	(7)
Purchase of subsidiary shares from noncontrolling interests			$ (115)	(107)
Ending Balance		$ 100		$ 100

Other Comprehensive Income Activity Net of Tax (Detail) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 29, 2013

Jun. 30, 2012

Jun. 29, 2013

Jun. 30, 2012

Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]

Foreign currency translation adjustments

$ (5,035)

$ (31,916)

$ (18,016)

$ 3,252

Amounts reclassified from Accumulated other comprehensive income to Consolidated Statement of Operations

155

156

311

1,997

Change in deferred pension

(23)

(226)

277

Change in deferred cash flow hedge

724

(14)

191

681

Balance at December 29, 2012

212,717

Other comprehensive income (loss) activity before reclassifications

(13,546)

Amounts reclassified from Accumulated other comprehensive income to Consolidated Statement of Operations

^[1]

(4,742)

Net current-period change in other comprehensive income

(18,288)

Balance at June 29, 2013

194,429

$ 194,829

194,429

$ 194,829

Change in Deferred Cash Flow Hedge

Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]

Balance at December 29, 2012

^[2]

257

Other comprehensive income (loss) activity before reclassifications

^[2]

1,249

Amounts reclassified from Accumulated other comprehensive income to Consolidated Statement of Operations

^[1],[2]

(1,440)

Balance at June 29, 2013

^[2]

Change in deferred cash flow hedge

^[2]

(191)

Change in Deferred Pension

Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]

Balance at December 29, 2012

(3,861)

Other comprehensive income (loss) activity before reclassifications

226

Amounts reclassified from Accumulated other comprehensive income to Consolidated Statement of Operations

^[1]

Change in deferred pension

226

Balance at June 29, 2013

(3,635)

Amortization of Gain on Cash Flow Hedge

Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]

Balance at December 29, 2012

^[3]

390

Amounts reclassified from Accumulated other comprehensive income to Consolidated Statement of Operations

^[1],[3]

(311)

Change in deferred cash flow hedge

^[3]

(311)

Balance at June 29, 2013

^[3]

Foreign Currency Translation Adjustments

Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]

Balance at December 29, 2012

^[4]

215,931

Other comprehensive income (loss) activity before reclassifications

^[4]

(15,021)

Amounts reclassified from Accumulated other comprehensive income to Consolidated Statement of Operations

^[1],[4]

(2,991)

Foreign currency translation adjustments

^[4]

(18,012)

Balance at June 29, 2013

^[4]

$ 197,919

[1]	Amounts in parentheses indicate an increase to earnings. The amount of foreign currency translation adjustments reclassified to the Consolidated Statement of Operations for the three months ended June 29, 2013 was insignificant.
[2]	Included in the $(1,440) thousand are $(965) thousand and $(475) thousand recorded in Cost of goods sold and occupancy costs and Miscellaneous income, net, respectively.
[3]	The amount reclassified to the Consolidated Statement of Operations is included in Interest expense.
[4]	The amount reclassified to the Consolidated Statement of Operations is included in Operating and selling expenses.

Other Comprehensive Income Activity Net of Tax (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 29, 2013	Mar. 30, 2013	Jun. 30, 2012	Mar. 31, 2012	Jun. 29, 2013	Jun. 30, 2012
Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]
Cost of goods sold and occupancy costs	$ 1,872,350		$ 1,934,954		$ 3,930,913	$ 4,113,360
Miscellaneous income, net	$ 7,245	$ 7,245	$ 3,967	$ 3,967	13,602	$ 12,946
Reclassification out of Accumulated Other Comprehensive Income \| Change in Deferred Cash Flow Hedge
Accumulated Other Comprehensive Income Loss Net Of Tax [Line Items]
Cost of goods sold and occupancy costs					(965)
Miscellaneous income, net					$ (475)

Calculation of Net Earnings or Loss Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Earnings Per Share [Line Items]
Loss available to common shareholders	$ (64,376)	$ (64,281)	$ (81,200)	$ (22,994)
Weighted-average shares outstanding	280,507	279,522	281,043	279,037
Basic loss per share	$ (0.23)	$ (0.23)	$ (0.29)	$ (0.08)
Net loss attributable to Office Depot, Inc.	$ (54,206)	$ (57,382)	$ (60,861)	$ (7,879)
Weighted-average shares outstanding	280,507	279,522	281,043	279,037
Stock options and restricted stock	4,083	4,311	5,190	4,538
Redeemable preferred stock	81,355	77,435	81,355	76,491
Diluted weighted-average shares outstanding	365,945	361,268	367,588	360,066
Diluted loss per share

Earnings Per Share - Additional Information (Detail) - shares shares in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 09, 2013	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Options and non-vested shares excluded from computation of diluted earnings per share		9.2	17.0	8.9	15.4
Subsequent Event
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Preferred stock repurchase percentage	50.00%
Subsequent Event \| Redeemable Preferred Stock
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Redeemable preferred stock	40.0

Division Information - Additional Information (Detail)	6 Months Ended
Division Information - Additional Information (Detail)	Jun. 29, 2013 Segment
Segment Reporting Information [Line Items]
Number of operating segments	3

Reconciliation of Revenue from Segments to Consolidated (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Segment Reporting Information [Line Items]
Sales	$ 2,418,619	$ 2,507,150	$ 5,136,879	$ 5,379,959
Operating Segments
Segment Reporting Information [Line Items]
Sales	2,418,619	2,507,150	5,136,879	5,379,959
Operating Segments \| North American Retail Division
Segment Reporting Information [Line Items]
Sales	939,467	993,852	2,083,308	2,213,434
Operating Segments \| North American Business Solutions Division
Segment Reporting Information [Line Items]
Sales	780,970	796,395	1,596,670	1,624,135
Operating Segments \| International Division
Segment Reporting Information [Line Items]
Sales	$ 698,182	$ 716,903	$ 1,456,901	$ 1,542,390

Division Operating Income (loss) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income (loss)	$ (45,132)	$ (58,647)	$ (35,487)	$ 19,043
North American Retail Division
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income (loss)	(27,817)	(50,381)	(12,801)	(32,319)
North American Business Solutions Division
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income (loss)	30,748	19,547	56,044	41,505
International Division
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income (loss)	(11,268)	(9,081)	(6,459)	(11,178)
North American Retail And Business Solutions And International
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income (loss)	$ (8,337)	$ (39,915)	$ 36,784	$ (1,992)

Reconciliation of The Measure Of Division Operating Income (Loss) to Consolidated Earnings (Loss) Before Income Taxes (Detail) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 29, 2013	Mar. 30, 2013	Jun. 30, 2012	Mar. 31, 2012	Jun. 29, 2013	Jun. 30, 2012
Segment Reporting Information [Line Items]
Total Division operating income (loss)		$ (8,337)		$ (39,915)	$ 36,784	$ (1,992)
Recovery of purchase price				68,300		68,314
Merger and certain shareholder-related expenses	$ (16,640)	(16,640)			(31,824)
Unallocated charges		(117)		90	(137)	(6,784)
Unallocated operating expenses		(20,038)		(18,822)	(40,310)	(40,495)
Interest income			$ 955	955	410	1,322
Interest expense	(16,717)	(16,717)	(17,703)	(17,703)	(33,112)	(32,181)
Loss on extinguishment of debt			(41)	(41)		(12,110)
Miscellaneous income, net	7,245	7,245	3,967	3,967	13,602	12,946
Loss before income taxes	$ (54,604)	$ (54,604)	$ (71,469)	$ (71,469)	$ (54,587)	$ (10,980)

Schedule of Goodwill (Detail) $ in Thousands	6 Months Ended
Schedule of Goodwill (Detail) $ in Thousands	Jun. 29, 2013 USD ($)
Segment Reporting Information [Line Items]
Goodwill	$ 1,277,647
Accumulated impairment losses	(1,213,335)
Balance as of December 29, 2012	64,312
Foreign currency exchange rate changes	(1,226)
Balance as of June 29, 2013	63,086
North American Retail Division
Segment Reporting Information [Line Items]
Goodwill	1,842
Accumulated impairment losses	(1,842)
North American Business Solutions Division
Segment Reporting Information [Line Items]
Goodwill	367,790
Accumulated impairment losses	(348,359)
Balance as of December 29, 2012	19,431
Balance as of June 29, 2013	19,431
International Division
Segment Reporting Information [Line Items]
Goodwill	908,015
Accumulated impairment losses	(863,134)
Balance as of December 29, 2012	44,881
Foreign currency exchange rate changes	(1,226)
Balance as of June 29, 2013	$ 43,655

Components of Net Periodic Pension Benefit (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Defined Benefit Plan Disclosure [Line Items]
Service cost
Interest cost	2.1	2.6	4.3	4.7
Expected return on plan assets	(3.0)	(3.2)	(6.1)	(5.5)
Net periodic pension benefit	$ (0.9)	$ (0.6)	$ (1.8)	$ (0.8)

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2011	Jun. 29, 2013
Income Taxes [Line Items]
Tax carryback claim related to the accounting method change		$ 14.0
Internal Revenue Service (IRS)
Income Taxes [Line Items]
IRS royalty assessment relating to foreign operations	$ 12.4
IRS royalty assessment relating to foreign operations, tax effected	$ 4.3

Schedule of Fair Value of Senior Notes (Detail) - USD ($) $ in Thousands	Jun. 29, 2013	Dec. 29, 2012	Jun. 30, 2012
Carrying Value \| Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
6.25% Senior Notes, face amount	$ 150,006	$ 149,953	$ 149,963
Carrying Value \| Senior Secured Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
9.75% Senior Secured Notes	250,000	250,000	250,000
Fair Value \| Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
6.25% Senior Notes, face amount	150,000	153,750	149,984
Fair Value \| Senior Secured Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
9.75% Senior Secured Notes	$ 303,125	$ 265,938	$ 246,563

Schedule of Fair Value of Senior Notes (Parenthetical) (Detail)	Jun. 29, 2013	Dec. 29, 2012	Jun. 30, 2012
Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior Notes, interest rate	6.25%	6.25%	6.25%
Senior Secured Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior Notes, interest rate	9.75%	9.75%	9.75%

Fair Value Measurements - Additional Information (Detail) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2013 USD ($) Store	Jun. 30, 2012 USD ($) $ / shares	Jun. 29, 2013 USD ($) Store	Mar. 30, 2013 USD ($)	Jun. 30, 2012 USD ($) $ / shares	Mar. 31, 2012 USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset Impairment charges	$ 4,418	$ 23,861	$ 9,662		$ 41,755
Stock price \| $ / shares		$ 2.16			$ 2.16
Stock price volatility rate					64.90%
Assumptions used to estimate fair value of dividends paid-in-kind, risk free rate					2.80%
Credit spread					13.60%
Paid-in-kind dividends					$ 6,900
Decreased Stock Price Volatility Scenario
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stock price volatility rate					55.00%
Paid-in-kind dividends					$ 900
Increased Stock Price Volatility Scenario
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stock price volatility rate					75.00%
Paid-in-kind dividends					$ 700
Decreased Stock Price Scenario
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stock price \| $ / shares		1.50			$ 1.50
Paid-in-kind dividends					$ 1,100
Increased Stock Price Scenario
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stock price \| $ / shares		$ 3.00			$ 3.00
Paid-in-kind dividends					$ 1,000
Future dividends paid in cash assumption
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Paid-in-kind dividends					$ 1,500
North American Retail Division
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset Impairment charges	$ 4,000	$ 24,000		$ 10,000		$ 42,000
North American Retail Division \| Decrease in Sales Scenario \| Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Decrease in sales for scenario	1.00%
North American Retail Division \| Decrease in Gross Margin Scenario \| Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset Impairment charges	$ 1,600
Decrease in gross margin for scenario	0.50%
North American Retail Division \| Decrease in Sales and Decrease in Gross Margin Scenario \| Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Amount of decrease in asset impairment in scenario	$ 1,900
North American Retail Division \| Stores Reduced to Estimated Salvage Value \| Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Number of stores impaired \| Store	16		16
Property and equipment, salvage value	$ 500		$ 500
North American Retail Division \| Discounted Cash Flow Analysis \| Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Number of stores impaired \| Store	145		145
Property and equipment, fair value	$ 1,700		$ 1,700
Percentage used for analysis	13.00%

Investment in Unconsolidated Joint Venture - Additional Information (Detail) - USD ($) $ in Millions	Jun. 29, 2013	Dec. 29, 2012	Jun. 30, 2012
Net Investment Income [Line Items]
Joint venture, investment balance	$ 254.7	$ 241.8	$ 219.0

Summarized Information From Balance Sheets and Statements of Income (Detail) - Office Depot De Mexico - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012	Dec. 29, 2012
Schedule of Equity Method Investments [Line Items]
Current assets	$ 390,515	$ 438,335	$ 390,515	$ 438,335	$ 377,405
Non-current assets	321,660	313,463	321,660	313,463	333,788
Current liabilities	201,133	323,093	201,133	323,093	219,774
Non-current liabilities	3,530	3,243	3,530	3,243	$ 7,344
Sales	274,505	259,931	562,886	544,583
Gross profit	84,171	78,019	169,043	160,523
Net income	$ 13,793	$ 9,778	$ 28,374	$ 26,350

Commitments and Contingencies - Additional Information (Detail)	Feb. 20, 2013 LegalMatter
Circuit Court Of Dupage County, Illinois
Commitments and Contingencies Disclosure [Line Items]
Number Of lawsuits filed against the company following merger agreement	6
District Court For Northern District Of Illinois
Commitments and Contingencies Disclosure [Line Items]
Number Of lawsuits filed against the company following merger agreement	2

Subsequent Events - Additional Information (Detail) $ in Millions, $ in Millions	1 Months Ended			6 Months Ended
	Jul. 11, 2013 USD ($)	Jul. 09, 2013 USD ($)	Jul. 09, 2013 MXN ($)	Jun. 29, 2013
9.75% senior secured notes
Subsequent Event [Line Items]
Senior notes, redemption rate excluding premium percentage				100.00%
Subsequent Event
Subsequent Event [Line Items]
Goodwill impairment		$ 43.7
Percentage of preferred stock redeemed	50.00%
Payment for redemption of preferred stock	$ 216.2
Preferred stock dividend payment for business combination	$ 23.0
Preferred stock redemption price percentage	106.00%
Subsequent Event \| 9.75% senior secured notes
Subsequent Event [Line Items]
Debt instrument repurchase amount		$ 250.0
Days after closing sale of ownership to offer debt repurchase		30 days
Senior notes, redemption rate excluding premium percentage		100.00%	100.00%
Office Depot De Mexico \| Subsequent Event
Subsequent Event [Line Items]
Percentage of investment in joint venture		50.00%
Proceeds from sale of investment in joint venture			$ 8,777
Proceeds from sale of investment in joint venture, net		$ 550.0
Estimated after tax gain from sale of joint venture		$ 240.0