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Long-term Debt
9 Months Ended
May 01, 2011
Long-term Debt  
Long-term Debt

11.  Long-term Debt

 

In April 2011, the company issued $500 of 4.25% notes which mature on April 15, 2021.  Interest on the notes is due semi-annually on April 15 and October 15 commencing on October 15, 2011.  The company may redeem the notes in whole or in part at any time at a redemption price of 100% of the principal amount plus accrued interest or an amount designed to ensure that the note holders are not penalized by the early redemption.