SEGMENT INFORMATION (Tables)

9 Months Ended

Oct. 29, 2017

Schedule of net sales, Adjusted EBITDA, and other measures for each of the reportable segments and total continuing operations

The following tables present Net sales, Adjusted EBITDA, and other measures for each of the reportable segments and total continuing operations for the periods indicated (amounts in millions):

	Facilities Maintenance		Construction & Industrial		Corporate			Total Continuing Operations
Three Months Ended October 29, 2017
Net sales	$	754	$	617	$	(1	)	$	1,370
Adjusted EBITDA	153		76		(15		)	214
Depreciation(1) & Software Amortization	7		9		3			19
Other Intangible Amortization	1		1		1			3
Three Months Ended October 30, 2016
Net sales	$	724	$	552	$	(1	)	$	1,275
Adjusted EBITDA	140		67		(19		)	188
Depreciation(1) & Software Amortization	8		7		4			19
Other Intangible Amortization	1		1		1			3
Nine Months Ended October 29, 2017
Net sales	$	2,205	$	1,737	$	(4	)	$	3,938
Adjusted EBITDA	426		200		(47		)	579
Depreciation(1) & Software Amortization	19		27		11			57
Other Intangible Amortization	4		1		4			9
Nine Months Ended October 30, 2016
Net sales	$	2,142	$	1,597	$	(5	)	$	3,734
Adjusted EBITDA	425		184		(51		)	558
Depreciation(1) & Software Amortization	23		24		10			57
Other Intangible Amortization	4		1		4			9

(1)

Depreciation includes amounts recorded within Cost of sales in the Consolidated Statements of Operations.

Schedule of reconciliation of adjusted EBITDA to income (loss) from continuing operations

	Three Months Ended					Nine Months Ended
	October 29, 2017			October 30, 2016		October 29, 2017			October 30, 2016
Total Adjusted EBITDA	$	214		$	188	$	579		$	558
Depreciation and amortization(1)	22			22		66			66
Stock-based compensation	7			4		19			15
Restructuring	3			3		3			14

Operating Income	182			159		491			463
Interest expense	36			65		134			219
Interest income	(1		)	—		(1		)	—
Loss on extinguishment & modification of debt(2)	78			59		81			174

Income from Continuing Operations Before Provision for Income Taxes	69			35		277			70
Provision for income taxes	23			15		92			30

Income from Continuing Operations	46			20		185			40
Income from discontinued operations, net of tax	406			40		794			104

Net Income	$	452		$	60	$	979		$	144

(1)

Depreciation and amortization includes amounts recorded within Cost of sales in the Consolidated Statements of Operations.

(2)

Represents the loss on extinguishment of debt including the write-off of unamortized deferred financing costs, original issue discount, and other assets or liabilities associated with such debt. Also includes the costs of debt modifications.