Debt (Tables)

9 Months Ended

Oct. 29, 2016

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consisted of the following ($ in millions):

	October 29, 2016			January 30, 2016			October 31, 2015
2016 Notes	$	—		$	350		$	350
2018 Notes	500			500			500
2021 Notes	650			650			649
Interest rate swap valuation adjustments	13			25			10
Subtotal	1,163			1,525			1,509
Debt discounts and issuance costs	(5		)	(7		)	(6		)
Financing lease obligations	180			178			88
Capital lease obligations	29			38			42
Total long-term debt	1,367			1,734			1,633
Less: current portion(1)	(43		)	(395		)	(383		)
Total long-term debt, less current portion	$	1,324		$	1,339		$	1,250

(1) Our 2016 Notes, due March 15, 2016, were classified in our current portion of long-term debt as of January 30, 2016 and October 31, 2015, respectively. In March 2016, we repaid the 2016 Notes using existing cash resources.