DEBT (Tables)

9 Months Ended

Oct. 29, 2017

DEBT

Schedule of long-term debt

HDS’s long-term debt as of October 29, 2017 and January 29, 2017 consisted of the following (dollars in millions):

	October 29, 2017				January 29, 2017
	Outstanding Principal			Interest Rate %(1)	Outstanding Principal			Interest Rate %(1)
Senior ABL Facility due 2022	$	57		2.57	$	421		2.38
Term B-1 Loans due 2021	—			—	639			3.75
Term B-2 Loans due 2023	—			—	549			3.75
Term B-3 Loans due 2021	535			3.58	—			—
Term B-4 Loans due 2023	546			3.83	—			—
December 2014 First Priority Notes due 2021	—			—	1,250			5.25
April 2016 Senior Unsecured Notes due 2024	1,000			5.75	1,000			5.75
Total gross long-term debt	$	2,138			$	3,859
Less unamortized discount	(6		)		(9		)
Less unamortized deferred financing costs	(34		)		(38		)
Total net long-term debt	$	2,098			$	3,812
Less current installments	(11		)		(14		)
Total net long-term debt, excluding current installments	$	2,087			$	3,798

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

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	%