SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION

9 Months Ended

Nov. 01, 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):

	November 1, 2015		February 1, 2015
Trade receivables, net of allowance for doubtful accounts	$	1,001	$	784
Vendor rebate receivables	77		75
Other receivables	14		9
Total receivables, net	$	1,092	$	868

Other Current Liabilities

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

	HD Supply Holdings, Inc.				HD Supply, Inc.
	November 1, 2015		February 1, 2015		November 1, 2015		February 1, 2015
Accrued interest	$	37	$	98	$	37	$	98
Accrued non-income taxes	45		29		45		29
Other	106		103		104		103
Total other current liabilities	$	188	$	230	$	186	$	230

Supplemental Cash Flow Information

Cash paid for interest in the nine months ended November 1, 2015 and November 2, 2014 was $354 million and $426 million, respectively. During the nine months ended November 1, 2015, the Company paid $12 million of original issue discounts related to the portion of the August 2015 Term Loan amendment considered an extinguishment under ASC 470-50,”Debt — Modifications and Extinguishments.” Additionally, during the nine months ended November 2, 2014, the Company paid $1 million of original issue discounts related to the portion of the February 2014 Term Loan amendment considered an extinguishment under ASC 470-50.

Cash paid for income taxes, net of refunds, in the nine months ended November 1, 2015 and November 2, 2014 was approximately $14 million and $37 million, respectively.

Significant Non-Cash Transactions

During the three and nine months ended November 1, 2015, Holdings retired 1,384,622 and 1,976,053 shares, respectively, of its common stock (“Retired Shares”) held as Treasury Shares by Holdings in the amounts of $46 million and $63 million, respectively. 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.