Long-term Debt and Borrowing Facilities (Tables)

3 Months Ended

Apr. 29, 2023

Long-Term Debt, by Current and Noncurrent [Abstract]

Schedule of Long-term Debt Instruments

The following table provides the Company’s outstanding long-term debt balance, net of unamortized debt issuance costs and discounts, as of April 29, 2023, January 28, 2023 and April 30, 2022:

	April 29, 2023		January 28, 2023		April 30, 2022
	(in millions)
Senior Debt with Subsidiary Guarantee
$314 million, 9.375% Fixed Interest Rate Notes due July 2025 ("2025 Notes")	$	312	$	317	$	317
$297 million, 6.694% Fixed Interest Rate Notes due January 2027 (“2027 Notes”)	284		283		281
$500 million, 5.250% Fixed Interest Rate Notes due February 2028 (“2028 Notes”)	498		498		497
$500 million, 7.500% Fixed Interest Rate Notes due June 2029 ("2029 Notes")	491		491		490
$999 million, 6.625% Fixed Interest Rate Notes due October 2030 ("2030 Notes")	990		991		990
$986 million, 6.875% Fixed Interest Rate Notes due November 2035 (“2035 Notes”)	979		993		992
$643 million, 6.750% Fixed Interest Rate Notes due July 2036 (“2036 Notes”)	638		694		694
Total Senior Debt with Subsidiary Guarantee	$	4,192	$	4,267	$	4,261
Senior Debt
$347 million, 6.950% Fixed Interest Rate Debentures due March 2033 (“2033 Notes”)	$	346	$	349	$	349
$245 million, 7.600% Fixed Interest Rate Notes due July 2037 (“2037 Notes”)	243		246		246
Total Senior Debt	589		595		595
Total Long-term Debt	$	4,781	$	4,862	$	4,856

Schedule of Long-Term Debt Repurchases

The following table provides details of the outstanding principal amount of senior notes repurchased and extinguished during the first quarter of 2023:

	(in millions)
2025 Notes	$	6
2030 Notes	2
2033 Notes	3
2035 Notes	14
2036 Notes	57
2037 Notes	2
Total	$	84