Debt (Tables)

9 Months Ended

May 02, 2020

Debt Disclosure [Abstract]

Schedule of Debt

Debt consists of the following:	May 2, 2020		August 3, 2019
	(millions)
Revolving credit facility	$	230.0	$	—
Less: unamortized debt issuance costs (a)	(2.4)		(3.2)
	227.6		(3.2)
Term loan	1,292.0		1,371.5
Less: unamortized original issue discount (b)	(9.9)		(13.8)
unamortized debt issuance costs (b)	(11.4)		(15.9)
	1,270.7		1,341.8
Total debt	1,498.3		1,338.6
Less: current portion	(1,498.3)		—
Total long-term debt	$	—	$	1,338.6

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^(a) The unamortized debt issuance costs are amortized on a straight-line basis over the life of the Amended Revolving Credit Agreement.^(b) The original issue discount and debt issuance costs for the Term Loan are amortized over the life of the Term Loan using the interest method based on an imputed interest rate of approximately 6.3%.

Schedule of Maturities of Long-term Debt

The Company’s outstanding debt as of May 2, 2020 matures as follows:

Fiscal Year	Amount
	(millions)
2020	$	1,522.0