Long-Term Debt and Credit Lines (Tables)

12 Months Ended

Jan. 30, 2021

Long-Term Debt, Exclusive of Current Installments

The table below presents long-term debt, exclusive of current installments, as of January 30, 2021 and February 1, 2020. All amounts are net of unamortized debt discounts.


In thousands	January 30, 2021		February 1, 2020
General corporate debt:
2.750% senior unsecured notes, maturing June 15, 2021 (effective interest rate of 2.76% after reduction of unamortized debt discount of $25 and $100 in fiscal 2021 and 2020, respectively)	$	749,975	$	749,900
2.500% senior unsecured notes, maturing May 15, 2023 (effective interest rate of 2.51% after reduction of unamortized debt discount of $100 and $145 in fiscal 2021 and 2020, respectively)	499,900		499,855
3.500% senior unsecured notes, maturing April 15, 2025 (effective interest rate of 3.58% after reduction of unamortized debt discount of $4,208 in fiscal 2021)	1,245,792		—
2.250% senior unsecured notes, maturing September 15, 2026 (effective interest rate of 2.32% after reduction of unamortized debt discount of $4,165 and $4,911 in fiscal 2021 and 2020, respectively)	995,835		995,089
3.750% senior unsecured notes, maturing April 15, 2027 (effective interest rate of 3.76% after reduction of unamortized debt discount of $456 in fiscal 2021)	749,544		—
1.150% senior unsecured notes, maturing May 15, 2028 (effective interest rate of 1.18% after reduction of unamortized debt discount of $939 in fiscal 2021)	499,061		—
3.875% senior unsecured notes, maturing April 15, 2030 (effective interest rate of 3.89% after reduction of unamortized debt discount of $568 in fiscal 2021)	495,282		—
1.600% senior unsecured notes, maturing May 15, 2031 (effective interest rate of 1.61% after reduction of unamortized debt discount of $610 in fiscal 2021)	499,390		—
4.500% senior unsecured notes, maturing April 15, 2050 (effective interest rate of 4.52% after reduction of unamortized debt discount of $2,208 in fiscal 2021)	383,291		—
Total Debt	6,118,070		2,244,844
Current maturities of long-term debt, net of debt issuance costs	(749,684)		—
Debt issuance cost	(35,465)		(8,219)
Long-term debt	$	5,332,921	$	2,236,625

Aggregate Maturities of Long-Term Debt, Inclusive of Current Installments

The aggregate maturities of long-term debt, inclusive of current installments at January 30, 2021 are as follows:


In thousands	Long-Term Debt
Fiscal Year
2022	$	750,000
2023	—
2024	500,000
2025	—
2026	1,250,000
Later years	3,631,349
Less: amount representing unamortized debt discount	(13,279)
Less: amount representing debt issuance cost	(35,465)
Less: current maturities of long-term debt	(749,684)
Aggregate maturities of long-term debt	$	5,332,921

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details