DEBT (Tables)

9 Months Ended

Oct. 30, 2016

DEBT

Schedule of long-term debt

HDS’s long-term debt as of October 30, 2016 and January 31, 2016 consisted of the following (dollars in millions):

	October 30, 2016				January 31, 2016
	Outstanding Principal			Interest Rate %(1)	Outstanding Principal			Interest Rate %(1)
Senior ABL Facility due 2018	$	510		2.19	$	—		—
Term Loans due 2021	—			—	848			3.75
Term B-1 Loans due 2021	842			3.59	—			—
Term B-2 Loans due 2023	550			3.63	—			—
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	$	4,152			$	4,373
Less unamortized discount	(12		)		(11		)
Less unamortized deferred financing costs	(43		)		(51		)
Total net long-term debt	$	4,097			$	4,311
Less current installments	(14		)		(9		)
Total net long-term debt, excluding current installments	$	4,083			$	4,302

(1) Represents the stated rate of interest, without including the effect of discounts or premiums.

5.25% December 2014 Senior Secured First Priority Notes due 2021

DEBT

Schedule of notes redemption

Year	Percentage
2017	103.938	%
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	%