Debt (Tables)

3 Months Ended

May 04, 2019

Debt Disclosure [Abstract]

Components of long-term debt

Long-term debt consists of the following unsecured senior debt:

	Effective Rate			Coupon Rate			Outstanding
Maturity (Dollars in Millions)							May 4, 2019			February 2, 2019			May 5, 2018
2021		4.81	%		4.00	%	$	-		$	-		$	426
2023		3.25	%		3.25	%		350			350			350
2023		4.78	%		4.75	%		184			184			184
2025		4.25	%		4.25	%		650			650			650
2029		7.36	%		7.25	%		42			42			42
2033		6.05	%		6.00	%		113			113			113
2037		6.89	%		6.88	%		101			101			101
2045		5.57	%		5.55	%		427			433			449
Outstanding long-term debt								1,867			1,873			2,315
Unamortized debt discounts and deferred financing costs								(12	)		(12	)		(14	)
Long-term debt							$	1,855		$	1,861		$	2,301
Effective interest rate								4.74	%		4.74	%		4.76	%