DEBT (Tables)

12 Months Ended

Feb. 03, 2019

DEBT

Schedule of long-term debt

HDS’s long‑term debt as of February 3, 2019 and January 28, 2018 consisted of the following (dollars in millions):

	February 3, 2019			January 28, 2018
	Outstanding		Interest	Outstanding		Interest
	Principal		Rate %(1)	Principal		Rate %(1)
Senior ABL Facility due 2022	$	348	3.83	$	58	2.86
Term B-3 Loans due 2021		—	—		534	3.94
Term B-4 Loans due 2023		—	—		544	4.19
Term B-5 Loans due 2023		1,067	4.25		—	—
October 2018 Senior Unsecured Notes due 2026		750	5.375		—	—
April 2016 Senior Unsecured Notes due 2024		—	—		1,000	5.75
Total gross long-term debt	$	2,165		$	2,136
Less unamortized discount		(4)			(6)
Less unamortized deferred financing costs		(21)			(29)
Total net long-term debt	$	2,140		$	2,101
Less current installments		(11)			(11)
Total net long-term debt, excluding current installments	$	2,129		$	2,090

(1) Represents the stated rate of interest, without including the effect of discounts, premiums, or interest rate swap agreements.

Maturities of long-term debt outstanding

Maturities of long‑term debt outstanding, in principal amounts, at February 3, 2019 are summarized below (amounts in millions):

	Fiscal Year
	2019		2020		2021		2022		2023		Thereafter		Total
Principal maturities	$	11	$	11	$	11	$	358	$	1,024	$	750	$	2,165

October 2018 Senior Unsecured Notes

DEBT

Schedule of notes redemption on and after October 15, 2021, at the applicable redemption price set forth below (expressed as a percentage of principal amount)

Year	Percentage
2021	102.688	%
2022	101.344	%
2023 and thereafter	100.000	%