Bankruptcy Filing (Tables)

9 Months Ended

Oct. 28, 2017

The following table presents LSTC as reported in the Condensed Consolidated Balance Sheet at October 28, 2017:



(In millions)	October 28, 2017
Debt (1)	$	2,750
Accounts payable	908
Deferred rent liabilities	178
Gift card liabilities	151
Self-insurance reserve	92
Due to Toys-Canada	82
Accrued interest on debt subject to compromise	19
Accrued expenses and other liabilities	169
Total liabilities subject to compromise	$	4,349


(1)	Refer to Note 3 entitled “Short-term borrowings, long-term debt and debt subject to compromise” for details of pre-petition debt reported as liabilities subject to compromise.

Reorganization items, net

Reorganization items, net represent amounts incurred after the U.S. Petition Date as a direct result of the Bankruptcy and are comprised of the following for the thirteen weeks ended October 28, 2017:



	13 Weeks Ended
(In millions)	October 28, 2017
Loss on deconsolidation of Toys-Canada	$	156
DIP financing costs	82
DIP debt discounts	22
Write-off of pre-petition debt issuance costs and debt discount	59
Professional fees	33
(Gain) or loss on settlement of pre-petition claims	(18		)
Total reorganization items, net (1)	$	334


(1)	Cash paid for reorganization items, net was $92 million for the thirteen weeks ended October 28, 2017.