SUBSIDIARY GUARANTORS (Tables)

3 Months Ended

May 03, 2015

	Three Months Ended May 3, 2015
	Debt Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries		Eliminations			Total HDS

Net Sales	$	—		$	2,147		$	74	$	—		$	2,221
Cost of sales	—			1,520			52		—			1,572
Gross Profit	—			627			22		—			649
Operating expenses:
Selling, general and administrative	23			410			14		—			447
Depreciation and amortization	4			31			—		—			35
Total operating expenses	27			441			14		—			482
Operating Income (Loss)	(27		)	186			8		—			167
Interest expense	107			61			—		(62		)	106
Interest (income)	(60		)	(2		)	—		62			—
Net (earnings) loss of equity affiliates	(135		)	—			—		135			—
Income (Loss) From Continuing Operations Before Provision (Benefit) for Income Taxes	61			127			8		(135		)	61
Provision (benefit) for income taxes	(181		)	(1		)	1		—			(181		)
Income (Loss) from Continuing Operations	242			128			7		(135		)	242
Net Income (Loss)	$	242		$	128		$	7	$	(135	)	$	242
Other comprehensive income (loss) — foreign currency translation adjustment	5			—			5		(5		)	5
Total Comprehensive Income (Loss)	$	247		$	128		$	12	$	(140	)	$	247

	Three Months Ended May 4, 2014
	Debt Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Total HDS

Net Sales	$	—		$	2,006		$	88		$	—		$	2,094
Cost of sales	—			1,425			66			—			1,491
Gross Profit	—			581			22			—			603
Operating expenses:
Selling, general and administrative	17			394			15			—			426
Depreciation and amortization	5			53			—			—			58
Restructuring	—			2			1			—			3
Total operating expenses	22			449			16			—			487
Operating Income (Loss)	(22		)	132			6			—			116
Interest expense	117			60			—			(61		)	116
Interest (income)	(60		)	(1		)	—			61			—
Net (earnings) loss of equity affiliates	(76		)	—			—			76			—
Loss on extinguishment & modification of debt	2			—			—			—			2
Other (income) expense, net	1			—			—			—			1
Income (Loss) From Continuing Operations Before Provision (Benefit) for Income Taxes	(6		)	73			6			(76		)	(3		)
Provision (benefit) for income taxes	5			(4		)	—			—			1
Income (Loss) from Continuing Operations	(11		)	77			6			(76		)	(4		)
Income (loss) from discontinued operations, net of tax	(1		)	3			(10		)	—			(8		)
Net Income (Loss)	$	(12	)	$	80		$	(4	)	$	(76	)	$	(12	)
Other comprehensive income (loss) — foreign currency translation adjustment	1			—			1			(1		)	1
Total Comprehensive Income (Loss)	$	(11	)	$	80		$	(3	)	$	(77	)	$	(11	)

	As of May 3, 2015
	Debt Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Total HDS
ASSETS
Current assets:
Cash and cash equivalents	$	89		$	17	$	38	$	—		$	144
Receivables, net	2			1,120		44		—			1,166
Inventories	—			1,137		46		—			1,183
Deferred tax asset	—			66		2		(57		)	11
Other current assets	10			48		2		—			60
Total current assets	101			2,388		132		(57		)	2,564
Property and equipment, net	52			313		4		—			369
Goodwill	—			3,067		4		—			3,071
Intangible assets, net	—			190		2		—			192
Deferred tax asset	1			—		5		(1		)	5
Investment in subsidiaries	3,169			—		—		(3,169		)	—
Intercompany notes receivable	2,192			521		—		(2,713		)	—
Other assets	102			7		—		—			109
Total assets	$	5,617		$	6,486	$	147	$	(5,940	)	$	6,310

LIABILITIES AND STOCKHOLDER’S EQUITY (DEFICIT)
Current liabilities:
Accounts payable	$	14		$	842	$	31	$	—		$	887
Accrued compensation and benefits	28			57		2		—			87
Current installments of long-term debt	—			—		—		—			—
Deferred tax liabilities	57			—		—		(57		)	—
Other current liabilities	68			123		9		—			200
Total current liabilities	167			1,022		42		(57		)	1,174

Long-term debt, excluding current installments	5,361			—		—		—			5,361
Deferred tax liabilities	—			174		—		(1		)	173
Intercompany notes payable	521			2,192		—		(2,713		)	—
Other liabilities	76			28		6		—			110
Total liabilities	6,125			3,416		48		(2,771		)	6,818

Stockholder’s equity (deficit)	(508		)	3,070		99		(3,169		)	(508		)
Total liabilities and stockholder’s equity (deficit)	$	5,617		$	6,486	$	147	$	(5,940	)	$	6,310

	As of February 1, 2015
	Debt Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Total HDS
ASSETS
Current assets:
Cash and cash equivalents	$	28		$	25	$	32	$	—		$	85
Receivables, net	1			1,040		47		—			1,088
Inventories	—			1,029		40		—			1,069
Deferred tax asset	—			66		2		(59		)	9
Other current assets	12			33		2		—			47
Total current assets	41			2,193		123		(59		)	2,298
Property and equipment, net	55			314		3		—			372
Goodwill	—			3,067		4		—			3,071
Intangible assets, net	—			198		2		—			200
Deferred tax asset	8			—		4		(8		)	4
Investment in subsidiaries	3,216			—		—		(3,216		)	—
Intercompany notes receivable	2,191			611		—		(2,802		)	—
Other assets	109			6		—		—			115
Total assets	$	5,620		$	6,389	$	136	$	(6,085	)	$	6,060

LIABILITIES AND STOCKHOLDER’S EQUITY (DEFICIT)
Current liabilities:
Accounts payable	$	14		$	648	$	26	$	—		$	688
Accrued compensation and benefits	50			106		5		—			161
Current installments of long-term debt	34			—		—		—			34
Deferred tax liabilities	59			—		—		(59		)	—
Other current liabilities	124			118		10		—			252
Total current liabilities	281			872		41		(59		)	1,135

Long-term debt, excluding current installments	5,223			—		—		—			5,223
Deferred tax liabilities	—			174		—		(8		)	166
Intercompany notes payable	611			2,191		—		(2,802		)	—
Other liabilities	265			26		5		—			296
Total liabilities	6,380			3,263		46		(2,869		)	6,820

Stockholder’s equity (deficit)	(760		)	3,126		90		(3,216		)	(760		)
Total liabilities and stockholder’s equity (deficit)	$	5,620		$	6,389	$	136	$	(6,085	)	$	6,060

	Three Months Ended May 3, 2015
	Debt Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Total HDS
Net cash flows from operating activities	$	51		$	(79	)	$	5		$	—		$	(23	)
Cash flows from investing activities
Capital expenditures	(3		)	(20		)	(1		)	—			(24		)
Proceeds from sale of property and equipment	—			1			—			—			1
Proceeds from (payments of) intercompany notes	—			90			—			(90		)	—
Net cash flows from investing activities	(3		)	71			(1		)	(90		)	(23		)
Cash flows from financing activities
Borrowings (repayments) of intercompany notes	(90		)	—			—			90			—
Repayments of long-term debt	(16		)	—			—			—			(16		)
Borrowings on long-term revolver	307			—			—			—			307
Repayments of long-term revolver	(188		)	—			—			—			(188		)
Net cash flows from financing activities	13			—			—			90			103
Effect of exchange rates on cash	—			—			2			—			2
Net increase (decrease) in cash & cash equivalents	$	61		$	(8	)	$	6		$	—		$	59
Cash and cash equivalents at beginning of period	28			25			32			—			85
Cash and cash equivalents at end of period	$	89		$	17		$	38		$	—		$	144

	Three Months Ended May 4, 2014
	Debt Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries		Eliminations			Total HDS
Net cash flows from operating activities	$	(74	)	$	(57	)	$	12	$	—		$	(119	)
Cash flows from investing activities
Capital expenditures	(5		)	(23		)	—		—			(28		)
Proceeds from (payments of) intercompany notes	—			80			—		(80		)	—
Net cash flows from investing activities	(5		)	57			—		(80		)	(28		)
Cash flows from financing activities
Borrowings (repayments) of intercompany notes	(80		)	—			—		80			—
Borrowings of long-term debt	20			—			—		—			20
Repayments of long-term debt	(22		)	—			—		—			(22		)
Borrowings on long-term revolver	275			—			—		—			275
Repayments of long-term revolver	(85		)	—			—		—			(85		)
Debt issuance and modification fees	(3		)	—			—		—			(3		)
Other financing activities	(1		)	—			—		—			(1		)
Net cash flows from financing activities	104			—			—		80			184
Effect of exchange rates on cash	—			—			1		—			1
Net increase (decrease) in cash & cash equivalents	$	25		$	—		$	13	$	—		$	38
Cash and cash equivalents at beginning of period	53			17			41		—			111
Cash and cash equivalents at end of period	$	78		$	17		$	54	$	—		$	149