DEBT (Tables)

9 Months Ended

Oct. 28, 2012

Long-term debt as of October 28, 2012 and January 29, 2012 consisted of the following (dollars in millions):


	October 28, 2012					January 29, 2012
	Outstanding Principal			Interest Rate %⁽¹⁾		Outstanding Principal			Interest Rate %⁽¹⁾
ABL Facility due April 12, 2017	$	395			2.21	$	—			—
Term Loan due October 12, 2017, net of unamortized discount of $27 million as of October 28, 2012		970			7.25		—			—
8.125% First Priority Notes due April 15, 2019, including unamortized premium of $22 million as of October 28, 2012		1,272			8.13		—			—
11.0% Second Priority Notes due April 15, 2020		675			11.00		—			—
11.5% Senior Notes due July 15, 2020		1,000			11.50
14.875% Senior Notes due October 12, 2020, net of unamortized discount of $29 million as of October 28, 2012		784			14.88		—			—
Term Loan due August 30, 2012		—			—		73			1.53
Term Loan due April 1, 2014		—			—		855			3.03
ABL Term Loan due April 1, 2014		—			—		214			3.56
12.0% Senior Notes due September 1, 2014		—			—		2,500			12.00
13.5% Senior Subordinated Notes due September 1, 2015		1,819			13.50		1,820			13.50

Total long-term debt	$	6,915					5,462
Less current installments		(940	)				(82	)

Long-term debt, excluding current installments	$	5,975				$	5,380

⁽¹⁾

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

11.5% Senior Notes due 2020

14.875% Senior Notes due 2020

8.125% Senior Secured First Priority Notes due 2019