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Debt
 9 Months Ended
Oct. 29, 2022
Debt Disclosure [Abstract]  
Debt Debt
Long-term debt. Unsecured senior debt, net of unamortized discounts and debt issuance costs, consisted of the following:

($000)October 29, 2022January 29, 2022October 30, 2021
6.530% Series B Senior Notes due 2021
$— $— $64,991 
3.375% Senior Notes due 2024
249,144 248,808 248,697 
4.600% Senior Notes due 2025
696,841 695,888 695,571 
0.875% Senior Notes due 2026
495,732 494,814 494,508 
4.700% Senior Notes due 2027
239,791 239,470 239,364 
4.800% Senior Notes due 2030
132,559 132,431 132,388 
1.875% Senior Notes due 2031
495,113 494,691 494,551 
5.450% Senior Notes due 2050
146,280 146,223 146,204 
Total long-term debt$2,455,460 $2,452,325 $2,516,274 
Less: current portion— — 64,991 
Total due beyond one year$2,455,460 $2,452,325 $2,451,283 

As of October 29, 2022, January 29, 2022, and October 30, 2021, total unamortized discount and debt issuance costs were $19.5 million, $22.7 million, and $23.7 million, respectively, and were classified as a reduction of Long-term debt.

As of October 29, 2022 and January 29, 2022 the aggregate fair value of the seven outstanding series of Senior Notes was approximately $2.2 billion and $2.6 billion, respectively. As of October 30, 2021 the aggregate fair value of the then eight outstanding series of Senior Notes was approximately $2.6 billion. The fair value is estimated by obtaining comparable market quotes which are considered to be Level 1 inputs under the fair value measurements and disclosures guidance.

See Note D: Debt, in the Notes to Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 29, 2022, for additional information regarding the terms of the Company’s unsecured senior notes.

Revolving credit facilities. In February 2022, the Company entered into a new, $1.3 billion senior unsecured revolving Credit Agreement (the “2022 Credit Facility”), which replaced its previous $800 million unsecured revolving credit facility. The 2022 Credit Facility expires in February 2027, and may be extended, at the Company's request and with the consent of the lenders, for up to two additional one year periods, subject to customary conditions. The new facility contains a $300 million sublimit for issuance of standby letters of credit. It also contains an option allowing the Company to increase the size of its credit facility by up to an additional $700 million, with the agreement of the committing lenders. The interest rate on borrowings under the 2022 Credit Facility is a term rate based on the Secured Overnight Financing Rate (“Term SOFR”) (or an alternate benchmark rate, if Term SOFR is no longer available) plus an applicable margin, and is payable quarterly and upon maturity. The 2022 Credit Facility is subject to a quarterly Consolidated Adjusted Debt to Consolidated EBITDAR financial leverage ratio covenant. As of October 29, 2022, the Company was in compliance with this financial covenant.

As of October 29, 2022, the Company had no borrowings or standby letters of credit outstanding under the 2022 Credit Facility, and the $1.3 billion credit facility remains in place and available.
The table below shows the components of interest expense and income for the three and nine month periods ended October 29, 2022 and October 30, 2021:

Three Months EndedNine Months Ended
($000)October 29, 2022October 30, 2021October 29, 2022October 30, 2021
Interest expense on long-term debt$21,150 $22,227 63,429 $66,626 
Other interest expense448 391 1,242 1,012 
Capitalized interest(663)(3,682)(4,489)(10,511)
Interest income(23,737)(192)(34,621)(627)
Interest (income) expense, net$(2,802)$18,744 $25,561 $56,500