SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION

6 Months Ended

Aug. 02, 2015

SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION

SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION

NOTE 8  — SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION

Receivables

Receivables consisted of the following (amounts in millions):

	August 2, 2015		February 1, 2015
Trade receivables, net of allowance for doubtful accounts	$	1,032	$	784
Vendor rebate receivables	63		75
Other receivables	8		9
Total receivables, net	$	1,103	$	868

Other Current Liabilities

Other current liabilities consisted of the following (amounts in millions):

	HD Supply Holdings, Inc.				HD Supply, Inc.
	August 2, 2015		February 1, 2015		August 2, 2015		February 1, 2015
Accrued interest	$	96	$	98	$	96	$	98
Accrued non-income taxes	40		29		40		29
Other	102		103		101		103
Total other current liabilities	$	238	$	230	$	237	$	230

Supplemental Cash Flow Information

Cash paid for interest in the six months ended August 2, 2015 and August 3, 2014 was $201 million and $220 million, respectively. Additionally, during the six months ended August 3, 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,”Debt — Modifications and Extinguishments.”

Cash paid for income taxes, net of refunds, in the six months ended August 2, 2015 and August 3, 2014 was approximately $9 million and $7 million, respectively.

Significant Non-Cash Transactions

During the first quarter of fiscal 2015, Holdings retired 591,431 shares of its common stock (“Retired Shares”) held as Treasury Shares by Holdings in the amount of $17 million. All of these shares were repurchased by Holdings pursuant to the share repurchase program previously authorized.  Holdings reinstated the Retired Shares to the status of authorized but unissued shares of common stock, par value $0.01 per share, effective as of the date of retirement. In accordance with ASC 505-30, Equity-Treasury Stock, Holdings reversed the $0.01 par value of the Retired Shares and the excess of the cost of the Retired Shares over par value to Retained Earnings.