XML 63 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debt (Tables)
12 Months Ended
Feb. 01, 2014
Debt Disclosure [Abstract]  
Short-term Debt
Short-term debt consisted of the following ($ in millions):
 
February 1, 2014
 
February 2, 2013
 
Principal
Balance
 
Interest
Rate
 
Principal
Balance
 
Interest
Rate
Europe revolving credit facility(1)
$

 
%
 
$
596

 
2.0
%
 
 
12-Month
 
11-Month
Fiscal Year
 
2014
 
2013
Maximum month-end amount outstanding during the year(1)
 
$
597

 
$
596

Average amount outstanding during the year(1)
 
135

 
477


(1)
Amounts relate to our previous £400 million Europe unsecured revolving credit facility agreement (the "RCF"). Interest rates under the previous RCF were variable, based on LIBOR plus an applicable margin based on Best Buy Europe's fixed charges coverage ratio. As described in Note 4, Discontinued Operations, we sold our interest in Best Buy Europe on June 26, 2013.
Schedule of long-term debt
Long-term debt consisted of the following ($ in millions):
 
February 1, 2014
 
February 2, 2013
2013 Notes
$

 
$
500

2016 Notes
349

 
349

2018 Notes
500

 

2021 Notes
649

 
648

Financing lease obligations, due 2015 to 2026, interest rates ranging from 3.0% to 8.1%
95

 
122

Capital lease obligations, due 2015 to 2036, interest rates ranging from 1.9% to 9.3%
63

 
80

Other debt, due 2017, interest rate 6.7%
1

 
1

Total long-term debt
1,657

 
1,700

Less: current portion(1)
(45
)
 
(547
)
Total long-term debt, less current portion
$
1,612

 
$
1,153

(1)
Our 2013 Notes due July 15, 2013, which we retired on July 15, 2013, are classified in the current portion of long-term debt as of February 2, 2013.

Schedule of future maturities of long-term debt, including capitalized leases
At February 1, 2014, the future maturities of long-term debt, including capitalized leases, consisted of the following ($ in millions):
Fiscal Year
 
 
2015
 
$
45

2016
 
38

2017
 
372

2018
 
16

2019
 
509

Thereafter
 
677

Total long-term debt
 
$
1,657