SEGMENT INFORMATION (Tables)

3 Months Ended

Apr. 29, 2018

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		Eliminations			Total Continuing Operations
Three Months Ended April 29, 2018
Net sales	$	723	$	666	$	—		$	1,389
Adjusted EBITDA	123		67		—			190
Depreciation(1) & Software Amortization	9		10		—			19
Other Intangible Amortization	2		3		—			5
Three Months Ended April 30, 2017
Net sales	$	682	$	536	$	(2	)	$	1,216
Adjusted EBITDA	108		49		—			157
Depreciation(1) & Software Amortization	9		10		—			19
Other Intangible Amortization	2		1		—			3

(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
	April 29, 2018			April 30, 2017
Total Adjusted EBITDA	$	190		$	157
Depreciation and amortization(1)	24			22
Stock-based compensation	6			6
Restructuring	7			—
Acquisition and integration costs (2)	2			—

Operating income	151			129
Interest expense	34			49
Interest (income)	(1		)	—
Loss on extinguishment of debt(3)	—			3

Income from Continuing Operations Before Provision for Income Taxes	118			77
Provision for income taxes	29			19

Income from continuing operations	89			58
Income from discontinued operations, net of tax	—			27

Net income	$	89		$	85

(1)

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

(2)

Represents the cost incurred in the acquisition and integration of A.H. Harris Construction Supplies.

(3)

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.