NOTE 12—SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION

Receivables

Receivables as of February 1, 2015 and February 2, 2014 consisted of the following (amounts in millions):

	February 1, 2015		February 2, 2014
Trade receivables, net of allowance for doubtful accounts	$	988	$	947
Vendor rebate receivables		88		85
Other receivables		12		14

Total receivables, net	$	1,088	$	1,046

Property and Equipment

Property and equipment as of February 1, 2015 and February 2, 2014 consisted of the following (amounts in millions):

	February 1, 2015			February 2, 2014
Land	$	34		$	34
Buildings and improvements		240			219
Transportation equipment		81			72
Furniture, fixtures and equipment		289			325
Capitalized software		254			235
Construction in progress		36			42

		934			927
Less accumulated depreciation & amortization		(562	)		(522	)

Property and equipment, net	$	372		$	405

Other Current Liabilities

Other current liabilities as of February 1, 2015 and February 2, 2014 consisted of the following (amounts in millions):

	February 1, 2015		February 2, 2014
Accrued interest	$	98	$	118
Accrued non-income taxes		34		32
Other		120		120

Total other current liabilities	$	252	$	270

Supplemental Cash Flow Information

Cash paid for interest in fiscal 2014, fiscal 2013, and fiscal 2012 was approximately $456 million, $527 million, and $621 million, respectively. Additionally, during fiscal 2014, the Company paid $1 million of original issue discounts related to the portion of the Term Loan amendment considered an extinguishment under ASC 470-50. Additionally, during fiscal 2013, the Company paid $364 million of original issue discounts and paid-in-kind ("PIK") interest related to the extinguishments of $889 million of 2007 Senior Subordinated Notes and a portion of the Term Loans, and during fiscal 2012, the Company paid $502 million of original issue discounts and PIK interest related to the extinguishment of all of the April 2012 Senior Unsecured Notes and $930 million of 2007 Senior Subordinated Notes.

Cash paid for income taxes, net of refunds, in fiscal 2014, fiscal 2013, and fiscal 2012 was approximately $39 million, $8 million, and $1 million, respectively. Cash paid for income taxes in fiscal 2014 include a $27 million payment for the tentative settlement of the IRS's audit of the Company's U.S. federal income tax returns filed for the tax years ended on February 3, 2008 and February 1, 2009.

Significant Non-Cash Transactions

Interest payments on the April 2012 Senior Unsecured Notes were due each April 12th and October 12th through maturity, commencing on October 12, 2012, except that the first eleven payment periods through October 2017 were to be paid in kind and therefore increase the balance of the outstanding indebtedness rather than paid in cash. The Company made non-cash PIK interest payments during fiscal 2012 of $56 million, increasing the outstanding principal balance of the April 2012 Senior Unsecured Notes.