DEBT (Tables)

12 Months Ended

Feb. 03, 2013

Schedule of Long-term debt

Long-term debt as of February 3, 2013 and January 29, 2012 consisted of the following (dollars in millions):

	February 3, 2013					January 29, 2012
	Outstanding Principal			Interest Rate %(1)		Outstanding Principal			Interest Rate %(1)
ABL Facility due 2017	$	300			1.96	$	—			—
Old Term Loan due August 30, 2012		—			—		73			1.53
Old Term Loan due April 1, 2014		—			—		855			3.03
Old ABL Term Loan due April 1, 2014		—			—		214			3.56
Term Loan due 2017, net of unamortized discount of $26 million as of February 3, 2013		969			7.25		—			—
First Priority Notes due 2019, including unamortized premium of $21 million as of February 3, 2013		1,271			8.125		—			—
Second Priority Notes due 2020		675			11.00		—			—
Old Senior Notes due 2014		—			—		2,500			12.00
11.5% Senior Notes due 2020		1,000			11.50		—			—
7.5% Senior Notes due 2020		1,275			7.50		—			—
Senior Subordinated Notes due 2021		950			10.50		—			—
Old Senior Subordinated Notes due 2015		889			13.50		1,820			13.50
Total long-term debt	$	7,329					5,462
Less current installments		(899	)				(82	)
Long-term debt, excluding current installments	$	6,430				$	5,380

(1)

Represents the stated rate of interest, without including the effect of discounts or premiums.

Maturities of Long-term Debt Outstanding

Maturities of long-term debt outstanding, in principal amounts, at February 3, 2013 are summarized below (amounts in millions):

	Fiscal Year
	2013(1)		2014		2015		2016		2017		Thereafter		Total
Principal maturities	$	899	$	10	$	10	$	10	$	1,255	$	5,150	$	7,334

(1)

Includes $889 million of the Company's Old Senior Subordinated Notes due 2015. On January 9, 2013, the Company issued a notice of redemption, subject to the required thirty-day notification period, to redeem all of the remaining $889 million outstanding Old Senior Subordinated Notes. See Note 17, Subsequent Events—Debt Redemption.

8.125% Senior Secured First Priority Notes due 2019

Notes Redemption

Year	Percentage
2015		106.094	%
2016		104.063	%
2017		102.031	%
2018 and thereafter		100.000	%

11% Senior Secured Second Priority Notes due 2020

Notes Redemption

Year	Percentage
2016		105.500	%
2017		102.750	%
2018 and thereafter		100.000	%

11.5% Senior Notes due 2020

Notes Redemption

Year	Percentage
2016		105.750	%
2017		102.875	%
2018 and thereafter		100.000	%

7.5% Senior Unsecured Notes due 2020

Notes Redemption

Year	Percentage
2016		103.750	%
2017		101.875	%
2018 and thereafter		100.000	%

10.5% Senior Subordinated Notes due 2021

Notes Redemption

Year	Percentage
2016		107.875	%
2017		105.250	%
2018		102.625	%
2019 and thereafter		100.000	%