Financing Activities

The following table shows the detail of debt repayments:



	13 Weeks Ended
	May 3, 2014		May 4, 2013
	(millions)
9.5% amortizing debentures due 2021	$	2	$	2
9.75% amortizing debentures due 2021	1		1
Capital leases and other obligations	2		2
	$	5	$	5

During the 13 weeks ended May 3, 2014, the Company repurchased approximately 7.4 million shares of its common stock pursuant to existing stock purchase authorizations for a total of approximately $432 million. As of May 3, 2014, the Company had $1,000 million of authorization remaining under its share repurchase program. On May 14, 2014, the Company's board of directors approved an additional $1,500 million in authorization to purchase common stock, bringing the Company's remaining authorization under its share repurchase program including this increase to $2,500 million. The Company may continue or, from time to time, suspend repurchases of shares under its share repurchase program, depending on prevailing market conditions, alternate uses of capital and other factors.

On May 23, 2014, the Company issued $500 million aggregate principal amount of 3.625% senior unsecured notes due 2024. The Company intends to use the proceeds of this debt to retire $453 million of 5.75% senior unsecured notes maturing July 15, 2014 and for general corporate purposes, which may include working capital, capital expenditures and the repurchase of common stock under its share repurchase program. As a result, this short-term debt was reclassified to long-term debt as of May 3, 2014.