Commercial Paper and Long-Term Debt

3 Months Ended

May 03, 2025

Debt Disclosure [Abstract]

Commercial Paper and Long-Term Debt

Commercial Paper and Long-Term Debt

In March 2025, we issued $1.0 billion of unsecured debt with a fixed rate of 5.0 percent that matures in April 2035.

In April 2025, we repaid at maturity $1.5 billion of unsecured debt with a fixed rate of 2.25 percent.

We obtain short-term financing from time to time under our commercial paper program. There was no commercial paper outstanding at any time during the three months ended May 3, 2025 or May 4, 2024.