DEBT (Tables)

12 Months Ended

Jan. 31, 2016

Debt

Schedule of Long-term Debt

        HDS's long-term debt as of January 31, 2016 and February 1, 2015 consisted of the following (dollars in millions):

	January 31, 2016					February 1, 2015
	Outstanding Principal			Interest Rate %(1)		Outstanding Principal			Interest Rate %(1)
Senior ABL Facility due 2018	$	—			—	$	96			2.02
Term Loans due 2021		848			3.75		975			4.00
December 2014 First Priority Notes due 2021		1,250			5.25		1,250			5.25
April 2012 Second Priority Notes due 2020		—			—		675			11.00
October 2012 Senior Unsecured Notes due 2020		1,000			11.50		1,000			11.50
February 2013 Senior Unsecured Notes due 2020		1,275			7.50		1,275			7.50
Total gross long-term debt	$	4,373				$	5,271
Less unamortized discount		(11	)				(14	)
Less unamortized deferred financing costs		(51	)				(83	)
Total net long-term debt	$	4,311				$	5,174
Less current installments		(9	)				(34	)
Total net long-term debt, excluding current installments	$	4,302				$	5,140

(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 January 31, 2016 are summarized below (amounts in millions):

	Fiscal Year
	2016		2017		2018		2019		2020		Thereafter		Total
Principal maturities	$	9	$	8	$	9	$	8	$	2,284	$	2,055	$	4,373

5.25% December 2014 Senior Secured First Priority Notes due 2021

Debt

Notes Redemption

Year	Percentage
2017		103.398	%
2018		102.625	%
2019		101.313	%
2020 and thereafter		100.000	%

11.5% October 2012 Senior Unsecured Notes due 2020

Debt

Notes Redemption

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

7.5% February 2013 Senior Unsecured Notes due 2020

Debt

Notes Redemption

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