Long-term Debt (Tables)

3 Months Ended

Oct. 29, 2011

Long-term Debt, by Current and Noncurrent [Abstract]

Schedule Of Long-term Debt Instruments

The following table provides the Company’s long-term debt balance as of October 29, 2011, January 29, 2011 and October 30, 2010:

	October 29, 2011		January 29, 2011		October 30, 2010
	(in millions)
Senior Unsecured Debt with Subsidiary Guarantee
$1 billion, 6.625% Fixed Interest Rate Notes due April 2021 (“2021 Notes”)	$	1,000	$	—	$	—
$500 million, 8.50% Fixed Interest Rate Notes due June 2019, Less Unamortized Discount (“2019 Notes”)	487		486		485
$400 million, 7.00% Fixed Interest Rate Notes due May 2020 (“2020 Notes”)	400		400		400
Total Senior Unsecured Debt with Subsidiary Guarantee	$	1,887	$	886	$	885
Senior Unsecured Debt
$700 million, 6.90% Fixed Interest Rate Notes due July 2017, Less Unamortized Discount (“2017 Notes”)(a)	$	721	$	699	$	707
$350 million, 6.95% Fixed Interest Rate Debentures due March 2033, Less Unamortized Discount (“2033 Notes”)	350		350		350
$300 million, 7.60% Fixed Interest Rate Notes due July 2037, Less Unamortized Discount (“2037 Notes”)	299		299		299
5.25% Fixed Interest Rate Notes due November 2014, Less Unamortized Discount (“2014 Notes”)(b)	221		215		220
6.125% Fixed Interest Rate Notes due December 2012, Less Unamortized Discount (“2012 Notes”)(c)	58		58		58
Total Senior Unsecured Debt	$	1,649	$	1,621	$	1,634
Total Long-term Debt	$	3,536	$	2,507	$	2,519

(a) The balance includes a fair value interest rate hedge adjustment which increased the debt balance by $22 million as of October 29, 2011, $0 million as of January 29, 2011 and $7 million as of October 30, 2010.

(b) The principal balance outstanding was $213 million as of October 29, 2011, January 29, 2011 and October 30, 2010. The balances include a fair value interest rate hedge adjustment which increased the debt balance by $8 million as of October 29, 2011, $2 million as of January 29, 2011 and $7 million as of October 30, 2010.

(c) The principal balance outstanding was $57 million as of October 29, 2011, January 29, 2011 and October 30, 2010. The balances included a fair value interest rate hedge adjustment which increased the debt balance by $1 million as of October 29, 2011, January 29, 2011 and October 30, 2010.