DEBT (Tables)

12 Months Ended

Jan. 29, 2017

DEBT

Schedule of long-term debt

        HDS's long-term debt as of January 29, 2017 and January 31, 2016 consisted of the following (dollars in millions):

	January 29, 2017					January 31, 2016
	Outstanding Principal			Interest Rate %(1)		Outstanding Principal			Interest Rate %(1)
Senior ABL Facility due 2018	$	421			2.38	$	—			—
Term Loans due 2021		—			—		848			3.75
Term B-1 Loans due 2021		639			3.75		—			—
Term B-2 Loans due 2023		549			3.75		—			—
December 2014 First Priority Notes due 2021		1,250			5.25		1,250			5.25
April 2016 Senior Unsecured Notes due 2024		1,000			5.75		—			—
October 2012 Senior Unsecured Notes due 2020		—			—		1,000			11.50
February 2013 Senior Unsecured Notes due 2020		—			—		1,275			7.50
Total gross long-term debt	$	3,859				$	4,373
Less unamortized discount		(9	)				(11	)
Less unamortized deferred financing costs		(38	)				(51	)
Total net long-term debt	$	3,812				$	4,311
Less current installments		(14	)				(9	)
Total net long-term debt, excluding current installments	$	3,798				$	4,302

(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 29, 2017 are summarized below (amounts in millions):

	Fiscal Year
	2017		2018		2019		2020		2021		Thereafter		Total
Principal maturities	$	14	$	435	$	14	$	14	$	1,861	$	1,521	$	3,859

5.25% December 2014 Secured First Priority Notes due 2021

DEBT

Schedule of notes redemption

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

5.75% April 2016 Senior Unsecured Notes due 2024

DEBT

Schedule of notes redemption

Year	Percentage
2019		104.313	%
2020		102.875	%
2021		101.438	%
2022 and thereafter		100.000	%