SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION

3 Months Ended

May. 01, 2016

SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION

SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION

NOTE 7  — SUPPLEMENTAL BALANCE SHEET AND CASH FLOW INFORMATION

Receivables

Receivables consisted of the following (amounts in millions):

	HD Supply Holdings, Inc.				HD Supply, Inc.
	May 1, 2016		January 31, 2016		May 1, 2016		January 31, 2016
Trade receivables, net of allowance for doubtful accounts	$	893	$	784	$	893	$	784
Vendor rebate receivables	52		76		52		76
Other receivables	11		12		10		12
Total receivables, net	$	956	$	872	$	955	$	872

Other Current Liabilities

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

	HD Supply Holdings, Inc.				HD Supply, Inc.
	May 1, 2016		January 31, 2016		May 1, 2016		January 31, 2016
Accrued interest	$	35	$	73	$	35	$	73
Accrued non-income taxes	40		30		40		30
Other	93		97		93		96
Total other current liabilities	$	168	$	200	$	168	$	199

Supplemental Cash Flow Information

Cash paid for interest in the three months ended May 1, 2016 and May 3, 2015 was $119 million and $154 million, respectively.

Cash paid for income taxes, net of refunds, in the three months ended May 1, 2016 and May 3, 2015 was approximately $1 million in each period.

Significant Non-Cash Transactions

During the three months ended May 1, 2016, Holdings retired 319,093 shares of its common stock (“Retired Shares”) held as treasury shares by Holdings in the amount of $9.4 million. All of these shares were repurchased by Holdings pursuant to the publicly announced share repurchase program previously authorized by Holdings board of directors.  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.