Indebtedness

3 Months Ended

Jan. 28, 2022


6			Indebtedness

The following is a summary of the company's indebtedness:


(Dollars in thousands)	January 28, 2022		January 29, 2021		October 31, 2021
$600 million revolving credit facility, due October 2026	$	400,000	$	—	$	—
$270 million term loan, due October 2026	270,000		—		270,000
$200 million term loan, due April 2022	—		100,000		—
$300 million term loan, due April 2024	—		180,000		—
3.81% series A senior notes, due June 2029	100,000		100,000		100,000
3.91% series B senior notes, due June 2031	100,000		100,000		100,000
7.8% debentures, due June 2027	100,000		100,000		100,000
6.625% senior notes, due May 2037	124,055		123,993		124,040
Less: unamortized discounts, debt issuance costs, and deferred charges	2,701		2,645		2,798
Total long-term debt	1,091,354		701,348		691,242
Less: current portion of long-term debt	100,000		9,992		—
Long-term debt, less current portion	$	991,354	$	691,356	$	691,242

Principal payments required on the company's outstanding indebtedness, based on the maturity dates defined within the company's debt arrangements, for the remainder of fiscal 2022 and succeeding fiscal years are as follows: fiscal 2022 (remainder), $0.0 million; fiscal 2023, $0.0 million; fiscal 2024, $0.0 million; fiscal 2025, $27.0 million; fiscal 2026, $643.0 million; fiscal 2027, $0.0 million; and after fiscal 2027, $425.0 million. Typically, the company's revolving credit facility is classified as long-term debt within the Condensed Consolidated Balance Sheets as the company has the ability to extend the outstanding borrowings under the revolving credit facility for the full-term of the facility. However, if the company intends to prepay a portion of the outstanding balance under the revolving credit facility within the next twelve months, the company reclassifies the portion of outstanding borrowings under the revolving credit facility that the company intends to repay within the next twelve months to current portion of long-term debt within the Condensed Consolidated Balance Sheets. As of January 28, 2022, the company reclassified $100.0 million of outstanding borrowings under the revolving credit facility to current portion of long-term debt within the Condensed Consolidated Balance Sheets as the company currently intends to repay this amount within the next twelve months.