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Debt
3 Months Ended
Feb. 01, 2015
Debt Disclosure [Abstract]  
Debt
Debt

The Company had borrowings at February 1, 2015 of $115.0 million under various short-term credit facilities that provided for up to $245.0 million in borrowings and letters of credit, under which it was required to maintain cash collateral of $1.3 million. Available borrowing was $15.3 million under the $200.0 million Short-Term Financing Program as of February 1, 2015. There were no outstanding borrowings under the $45.0 million Short-Term Credit Facility as of February 1, 2015.

At February 1, 2015 and November 2, 2014, the Company had outstanding borrowing under the Short-Term Financing Program of $115.0 million and $120.0 million, respectively, which carried weighted average annual interest rates of 1.7% and 1.6% during the first quarter of fiscal 2015 and 2014, respectively, which is inclusive of certain facility and program fees.

There were no outstanding borrowings under the $45.0 million Short-Term Credit Facility as of February 1, 2015. At November 2, 2014, the Company had $8.5 million outstanding in various currencies used primarily to hedge the Company’s net investment in certain foreign subsidiaries. During the first quarter of fiscal 2014, borrowings carried a weighted average annual interest rate of 1.9%, which is inclusive of the facility fee.

At February 1, 2015, the Company had $8.0 million of long-term debt, of which $0.9 million was current.