XML 61 R52.htm IDEA: XBRL DOCUMENT v3.23.3
Long-term Debt and Borrowing Facilities - Narrative (Details)
$ in Millions
3 Months Ended 9 Months Ended
May 08, 2023
Aug. 02, 2021
USD ($)
Oct. 28, 2023
USD ($)
Oct. 29, 2022
USD ($)
Oct. 28, 2023
USD ($)
Oct. 29, 2022
USD ($)
Nov. 30, 2023
USD ($)
Sep. 30, 2023
USD ($)
Debt Instrument [Line Items]                
Cash paid for interest         $ 54 $ 29    
Borrowings from asset-based revolving credit facility         $ 405 267    
Asset-based Revolving Credit Facility due August 2026 (“ABL Facility”) | Revolving Credit Facility                
Debt Instrument [Line Items]                
Fixed interest rate     7.58%   7.58%      
Maximum borrowing capacity   $ 750            
Borrowings from asset-based revolving credit facility         $ 405      
Payments under the ABL Facility         145      
Line of credit     $ 555   555      
Line of credit facility, remaining borrowing capacity     176   176      
Asset-based Revolving Credit Facility due August 2026 (“ABL Facility”) | Revolving Credit Facility | Subsequent Event                
Debt Instrument [Line Items]                
Line of credit             $ 464  
Asset-based Revolving Credit Facility due August 2026 (“ABL Facility”) | Minimum | Revolving Credit Facility                
Debt Instrument [Line Items]                
Percentage spread over variable base rate 1.60%              
Commitment fee percentage, unused capacity   0.25%            
Asset-based Revolving Credit Facility due August 2026 (“ABL Facility”) | Maximum | Revolving Credit Facility                
Debt Instrument [Line Items]                
Commitment fee percentage, unused capacity   0.30%            
Asset-based Revolving Credit Facility due August 2026 (“ABL Facility”) | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Maximum | Revolving Credit Facility                
Debt Instrument [Line Items]                
Percentage spread over variable base rate 2.10%              
Asset-based Revolving Credit Facility due August 2026 (“ABL Facility”) | Average Daily Excess Availability | LIBOR and CDOR Loans | Minimum | Revolving Credit Facility                
Debt Instrument [Line Items]                
Percentage spread over variable base rate   1.50%            
Asset-based Revolving Credit Facility due August 2026 (“ABL Facility”) | Average Daily Excess Availability | LIBOR and CDOR Loans | Maximum | Revolving Credit Facility                
Debt Instrument [Line Items]                
Percentage spread over variable base rate   2.00%            
Asset-based Revolving Credit Facility due August 2026 (“ABL Facility”) | Average Daily Excess Availability | Alternate Base Rate Loans and Canadian Base Rate Loans | Minimum | Revolving Credit Facility                
Debt Instrument [Line Items]                
Percentage spread over variable base rate   0.50%            
Asset-based Revolving Credit Facility due August 2026 (“ABL Facility”) | Average Daily Excess Availability | Alternate Base Rate Loans and Canadian Base Rate Loans | Maximum | Revolving Credit Facility                
Debt Instrument [Line Items]                
Percentage spread over variable base rate   1.00%            
Asset-based Revolving Credit Facility due August 2026 (“ABL Facility”) | Letter of Credit                
Debt Instrument [Line Items]                
Line of credit     19   19      
Term Loan due August 2028 | Term Loan                
Debt Instrument [Line Items]                
Term loan B credit facility   $ 400            
Periodic principal payment, percent   0.0025            
Debt instrument, principal payment     $ 1 $ 1 $ 3 $ 3    
Fixed interest rate     8.90%   8.90%      
Term Loan due August 2028 | London Interbank Offered Rate LIBOR | Term Loan                
Debt Instrument [Line Items]                
Percentage spread over variable base rate   3.25%            
Term Loan due August 2028 | Base Rate | Term Loan                
Debt Instrument [Line Items]                
Percentage spread over variable base rate   2.25%            
Term Loan due August 2028 | Interest Rate Floor | Term Loan                
Debt Instrument [Line Items]                
Percentage spread over variable base rate   0.50%            
Term Loan due August 2028 | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Minimum | Term Loan                
Debt Instrument [Line Items]                
Percentage spread over variable base rate 3.36%              
Term Loan due August 2028 | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Maximum | Term Loan                
Debt Instrument [Line Items]                
Percentage spread over variable base rate 3.68%              
Delayed Draw Term Loan [Domain] | Senior Secured Debt with Subsidiary Guarantee                
Debt Instrument [Line Items]                
Debt instrument, fee amount               $ 1
Maximum borrowing capacity               $ 75
With Subsidiary Guarantee | 4.625% Fixed Interest Rate Secured Notes due July 2029                
Debt Instrument [Line Items]                
Debt instrument, face amount     $ 600   $ 600      
Fixed interest rate     4.625%   4.625%      
With Subsidiary Guarantee | Term Loan due August 2028                
Debt Instrument [Line Items]                
Debt instrument, face amount     $ 392   $ 392