Long-term Debt and Borrowing Facilities (Tables)

3 Months Ended

May 04, 2024

The following table provides the Company’s outstanding Long-term Debt balance, net of unamortized debt issuance costs and discounts and any current portion, as of May 4, 2024, February 3, 2024 and April 29, 2023:


	May 4, 2024		February 3, 2024		April 29, 2023
	(in millions)
Senior Secured Debt with Subsidiary Guarantee
$390 million Term Loan due August 2028 (“Term Loan Facility”)	$	384	$	385	$	387
Asset-based Revolving Credit Facility due August 2026 (“ABL Facility”)	145		145		295
Total Senior Secured Debt with Subsidiary Guarantee	529		530		682
Senior Debt with Subsidiary Guarantee
$600 million, 4.625% Fixed Interest Rate Notes due July 2029 (“2029 Notes”)	594		594		593
Total Senior Debt with Subsidiary Guarantee	594		594		593

Total	1,123		1,124		1,275
Current Debt	(4)		(4)		(4)
Total Long-term Debt, Net of Current Portion	$	1,119	$	1,120	$	1,271

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details