SUBSIDIARY GUARANTORS (Tables)

9 Months Ended

Oct. 28, 2012

Condensed Statements of Operations and Comprehensive Income Loss

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

	Three Months Ended October 28, 2012
	Parent Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Total
Net Sales	$	—		$	2,036		$	110		$	—		$	2,146
Cost of sales		—			1,448			82			—			1,530
Gross Profit		—			588			28			—			616
Operating expenses:
Selling, general and administrative		16			381			21			—			418
Depreciation and amortization		3			81			—			—			84
Total operating expenses		19			462			21			—			502
Operating Income (Loss)		(19	)		126			7			—			114
Interest expense		178			75			1			(89	)		165
Interest (income)		(75	)		(1	)		(13	)		89			—
Net (earnings) loss of equity affiliates		(71	)		—			—			71			—
Income (Loss) From Continuing Operations Before Provision (Benefit) for Income Taxes		(51	)		52			19			(71	)		(51	)
Provision (benefit) for income taxes		3			(3	)		2			—			2
Income (Loss) from Continuing Operations		(54	)		55			17			(71	)		(53	)
Income (loss) from discontinued operations, net of tax		4			(1	)		—			—			3
Net Income (Loss)	$	(50	)	$	54		$	17		$	(71	)	$	(50	)
Other comprehensive income — foreign currency translation adjustment		—			—			—			—			—
Total Comprehensive Income (Loss)	$	(50	)	$	54		$	17		$	(71	)	$	(50	)

	Three Months Ended October 30, 2011
	Parent Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Total
Net Sales	$	—		$	1,791		$	102		$	—		$	1,893
Cost of sales		—			1,283			75			—			1,358
Gross Profit		—			508			27			—			535
Operating expenses:
Selling, general and administrative		21			349			19			—			389
Depreciation and amortization		3			78			—			—			81
Total operating expenses		24			427			19			—			470
Operating Income (Loss)		(24	)		81			8			—			65
Interest expense		180			75			—			(95	)		160
Interest (income)		(75	)		(1	)		(19	)		95			—
Net (earnings) loss of equity affiliates		(26	)		—			—			26			—
Income (Loss) From Continuing Operations Before Provision (Benefit) for Income Taxes		(103	)		7			27			(26	)		(95	)
Provision (benefit) for income taxes		16			(1	)		9			—			24
Income (Loss) from Continuing Operations		(119	)		8			18			(26	)		(119	)
Income (loss) from discontinued operations, net of tax		14			—			—			—			14
Net Income (Loss)	$	(105	)	$	8		$	18		$	(26	)	$	(105	)
Other comprehensive income (loss) — foreign currency translation adjustment		(6	)		—			(6	)		6			(6	)
Total Comprehensive Income (Loss)	$	(111	)	$	8		$	12		$	(20	)	$	(111	)

	Nine Months Ended October 28, 2012
	Parent Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Total
Net Sales	$	—		$	5,726		$	315		$	—		$	6,041
Cost of sales		—			4,075			233			—			4,308
Gross Profit		—			1,651			82			—			1,733
Operating expenses:
Selling, general and administrative		52			1,107			64			—			1,223
Depreciation and amortization		10			239			1			—			250
Total operating expenses		62			1,346			65			—			1,473
Operating Income (Loss)		(62	)		305			17			—			260
Interest expense		545			225			1			(282	)		489
Interest (income)		(225	)		(3	)		(54	)		282			—
Net (earnings) loss of equity affiliates		(143	)		—			—			143			—
Loss on extinguishment of debt		220			—			—			—			220
Income (Loss) From Continuing Operations Before Provision (Benefit) for Income Taxes		(459	)		83			70			(143	)		(449	)
Provision (benefit) for income taxes		19			(6	)		23			—			36
Income (Loss) from Continuing Operations		(478	)		89			47			(143	)		(485	)
Income (loss) from discontinued operations, net of tax		12			7			—			—			19
Net Income (Loss)	$	(466	)	$	96		$	47		$	(143	)	$	(466	)
Other comprehensive income — foreign currency translation adjustment		—			—			—			—			—
Total Comprehensive Income (Loss)	$	(466	)	$	96		$	47		$	(143	)	$	(466	)

	Nine Months Ended October 30, 2011
	Parent Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net Sales	$	—		$	5,073		$	303		$	—		$	5,376
Cost of sales		—			3,625			223			—			3,848
Gross Profit		—			1,448			80			—			1,528
Operating expenses:
Selling, general and administrative		57			1,026			61			—			1,144
Depreciation and amortization		9			235			1			—			245
Total operating expenses		66			1,261			62			—			1,389
Operating Income (Loss)		(66	)		187			18			—			139
Interest expense		537			223			1			(284	)		477
Interest (income)		(223	)		(2	)		(59	)		284			—
Net (earnings) loss of equity affiliates		1			—			—			(1	)		—
Other (income) expense, net		(1	)		—			—			—			(1	)
Income (Loss) From Continuing Operations Before Provision (Benefit) for Income Taxes		(380	)		(34	)		76			1			(337	)
Provision (benefit) for income taxes		24			7			28			—			59
Income (Loss) from Continuing Operations		(404	)		(41	)		48			1			(396	)
Income (loss) from discontinued operations, net of tax		34			(11	)		3			—			26
Net Income (Loss)	$	(370	)	$	(52	)	$	51		$	1		$	(370	)
Other comprehensive income (loss) — foreign currency translation adjustment		1			—			1			(1	)		1
Total Comprehensive Income (Loss)	$	(369	)	$	(52	)	$	52		$	—		$	(369	)

Condensed Consolidating Balance Sheets

CONDENSED CONSOLIDATING BALANCE SHEETS

	October 28, 2012
	Parent Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current assets:
Cash and cash equivalents	$	107		$	18	$	33	$	—		$	158
Cash restricted for debt redemption		985			—		—		—			985
Receivables, net		—			1,032		73		—			1,105
Inventories		—			937		57		—			994
Deferred tax asset		—			84		2		(21	)		65
Intercompany receivable		—			1		—		(1	)		—
Other current assets		12			31		2		—			45
Total current assets		1,104			2,103		167		(22	)		3,352
Property and equipment, net		63			321		6		—			390
Goodwill		—			3,272		7		—			3,279
Intangible assets, net		—			514		4		—			518
Deferred tax asset		80			—		6		(86	)		—
Investment in subsidiaries		2,986			—		—		(2,986	)		—
Intercompany notes receivable		2,774			608		—		(3,382	)		—
Other assets		130			6		3		—			139
Total assets	$	7,137		$	6,824	$	193	$	(6,476	)	$	7,678
LIABILITIES AND STOCKHOLDER’S EQUITY (DEFICIT)
Current liabilities:
Accounts payable	$	13		$	723	$	43	$	—		$	779
Accrued compensation and benefits		38			94		5		—			137
Current installments of long-term debt		940			—		—		—			940
Deferred tax liabilities		21			—		—		(21	)		—
Intercompany payable		—			—		1		(1	)		—
Other current liabilities		98			108		11		—			217
Total current liabilities		1,110			925		60		(22	)		2,073
Long-term debt, excluding current installments		5,975			—		—		—			5,975
Deferred tax liabilities		—			235		—		(86	)		149
Intercompany notes payable		608			2,774		—		(3,382	)		—
Other liabilities		325			30		7		—			362
Total liabilities		8,018			3,964		67		(3,490	)		8,559
Stockholder’s equity (deficit)		(881	)		2,860		126		(2,986	)		(881	)
Total liabilities and stockholder’s equity (deficit)	$	7,137		$	6,824	$	193	$	(6,476	)	$	7,678

	January 29, 2012
	Parent Issuer			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current assets:
Cash and cash equivalents	$	49		$	12	$	50	$	—		$	111
Receivables, net		4			922		97		(21	)		1,002
Inventories		—			1,027		81		—			1,108
Deferred tax asset		—			89		2		(33	)		58
Other current assets		8			34		5		—			47
Total current assets		61			2,084		235		(54	)		2,326
Property and equipment, net		61			331		6		—			398
Goodwill		—			3,143		8		—			3,151
Intangible assets, net		—			731		4		—			735
Deferred tax asset		158			—		6		(164	)		—
Investment in subsidiaries		3,456			—		—		(3,456	)		—
Intercompany notes receivable		2,774			641		—		(3,415	)		—
Other assets		122			6		261		(261	)		128
Total assets	$	6,632		$	6,936	$	520	$	(7,350	)	$	6,738
LIABILITIES AND STOCKHOLDER’S EQUITY (DEFICIT)
Current liabilities:
Accounts payable	$	21		$	648	$	45	$	—		$	714
Accrued compensation and benefits		42			93		5		—			140
Current installments of long-term debt		82			—		—		—			82
Deferred tax liabilities		33			—		—		(33	)		—
Other current liabilities		284			104		11		(21	)		378
Total current liabilities		462			845		61		(54	)		1,314
Long-term debt, excluding current installments		5,641			—		—		(261	)		5,380
Deferred tax liabilities		—			275		—		(164	)		111
Intercompany notes payable		641			2,774		—		(3,415	)		—
Other liabilities		316			37		8		—			361
Total liabilities		7,060			3,931		69		(3,894	)		7,166
Stockholder’s equity (deficit)		(428	)		3,005		451		(3,456	)		(428	)
Total liabilities and stockholder’s equity (deficit)	$	6,632		$	6,936	$	520	$	(7,350	)	$	6,738

Condensed Consolidating Statements of Cash Flows

CONDENSED CONSOLIDATING CASH FLOW STATEMENTS

	Nine Months Ended October 28, 2012
	Parent Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net cash flows from operating activities	$	(368	)	$	19		$	72		$	(50	)	$	(327	)
Cash flows from investing activities
Capital expenditures		(19	)		(59	)		(2	)		—			(80	)
Proceeds from sale of property and equipment		—			5			—			—			5
Purchase of debt investments		—			—			(1	)		1			—
Purchase of other investments		(985	)		—			—			—			(985	)
Proceeds from sale of a business		480			—			1			—			481
Payment for a business acquired		—			(196	)		—			—			(196	)
Proceeds from (payments of) intercompany notes		—			33			—			(33	)		—
Investments (return of capital) in equity affiliates		(169	)		—			—			169			—
Other investing activities		—			—			(2	)		—			(2	)
Net cash flows from investing activities		(693	)		(217	)		(4	)		137			(777	)
Cash flows from financing activities
Dividend payment		—			—			(50	)		50			—
Equity contribution (return of capital)		—			204			(35	)		(169	)		—
Borrowings (repayments) of intercompany notes		(33	)		—			—			33			—
Borrowings of long-term debt		4,140			—			—			—			4,140
Repayments of long-term debt		(3,289	)		—			—			(1	)		(3,290	)
Borrowings on long-term revolver		1,192			—			—			—			1,192
Repayments of long-term revolver		(797	)		—			—			—			(797	)
Debt issuance and modification fees		(95	)		—			—			—			(95	)
Other financing activities		1			—			—			—			1
Net cash flows from financing activities		1,119			204			(85	)		(87	)		1,151
Net increase (decrease) in cash & cash equivalents	$	58		$	6		$	(17	)	$	—		$	47
Cash and cash equivalents at beginning of period		49			12			50			—			111
Cash and cash equivalents at end of period	$	107		$	18		$	33		$	—		$	158
	Nine Months Ended October 30, 2011
	Parent Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Total
Net cash flows from operating activities	$	(652	)	$	384		$	4		$	—		$	(264	)
Cash flows from investing activities
Capital expenditures		(11	)		(46	)		(1	)		—			(58	)
Proceeds from sale of property and equipment		—			4			—			—			4
Purchase of investments		(21	)		(2	)		—			—			(23	)
Proceeds from sale of businesses		93			(6	)		11			—			98
Payments for a business acquired		—			(21	)		—			—			(21	)
Proceeds from (payments of) intercompany notes		—			(306	)		—			306			—
Net cash flows from investing activities		61			(377	)		10			306			—
Cash flows from financing activities
Borrowings (repayments) of intercompany notes		306			—			—			(306	)		—
Repayments of long-term debt		(8	)		—			—			—			(8	)
Borrowings on long-term revolver		888			—			—			—			888
Repayments of long-term revolver		(769	)		—			—			—			(769	)
Net cash flows from financing activities		417			—			—			(306	)		111
Net increase (decrease) in cash & cash equivalents	$	(174	)	$	7		$	14		$	—		$	(153	)
Cash and cash equivalents at beginning of period		249			8			35			—			292
Cash and cash equivalents at end of period	$	75		$	15		$	49		$	—		$	139