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Debt (Tables)
9 Months Ended 12 Months Ended
Oct. 27, 2012
Jan. 28, 2012
Debt    
Schedule of outstanding debt

 

 

 

 

October 27, 2012

 

January 28, 2012

 

October 29, 2011

 

Interest Rate

 

 

 

(in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

Senior secured term loan

 

$

1,787

 

$

1,996

 

$

1,996

 

Variable

 

Senior notes

 

1,008

 

795

 

795

 

7.750%

 

Senior subordinated notes

 

393

 

393

 

393

 

11.375%

 

Subordinated discount notes

 

180

 

306

 

327

 

13.000%

 

Asset-based revolving credit facility

 

 

 

 

Variable

 

 

 

 

 

 

 

 

 

 

 

Total debt

 

3,368

 

3,490

 

3,511

 

 

 

 

 

 

 

 

 

 

 

 

 

Less current portion

 

180

 

127

 

135

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term debt

 

$

3,188

 

$

3,363

 

$

3,376

 

 

 

 

 

 

 

Interest Rate

 

Fiscal 2011

 

Fiscal 2010

 

 

 

 

 

(In millions)

 

Senior secured term loan

 

Variable

 

$

1,996

 

$

2,046

 

Senior notes

 

7.750%

 

795

 

794

 

Senior subordinated notes

 

11.375%

 

393

 

400

 

Subordinated discount notes

 

13.000%

 

306

 

427

 

Asset-based revolving credit facility

 

Variable

 

 

 

Other

 

5.970%

 

 

1

 

Total debt

 

 

 

3,490

 

3,668

 

Less current portion

 

 

 

127

 

1

 

Long-term debt

 

 

 

$

3,363

 

$

3,667

 

Schedule of expected amortization expense pertaining to the deferred financing costs  

 

 

 

 

2012

 

2013

 

2014

 

2015

 

2016

 

Thereafter

 

Amortization expense

 

$

16

 

$

16

 

$

10

 

$

9

 

$

6

 

$

2

 

Schedule of aggregate amounts of scheduled maturities of debt  

 

 

Fiscal Year (In millions)

 

Amount

 

2012

 

127

 

2013

 

501

 

2014

 

1

 

2015

 

1

 

2016

 

2,065

 

Thereafter

 

800

 

Total debt payments

 

3,495

 

Less unrealized discount accretion

 

5

 

Total debt balance as of January 28, 2012

 

$

3,490

 

Senior notes due 2018
   
Debt    
Schedule of percentages of principal amount at which notes may be redeemed, by applicable redemption dates  

 

 

Year

 

Percentage

 

2014

 

103.875

%

2015

 

101.938

%

2016 and thereafter

 

100.000

%

 

Senior subordinated notes
   
Debt    
Schedule of percentages of principal amount at which notes may be redeemed, by applicable redemption dates  

 

 

Year

 

Percentage

 

2011

 

105.688

%

2012

 

103.792

%

2013

 

101.896

%

2014 and thereafter

 

100.000

%

Subordinated discount notes
   
Debt    
Schedule of percentages of principal amount at which notes may be redeemed, by applicable redemption dates  

 

 

Year

 

Percentage

 

2011

 

106.500

%

2012

 

104.333

%

2013

 

102.167

%

2014 and thereafter

 

100.000

%