Debt (Tables)

6 Months Ended

Aug. 27, 2011

Debt Disclosure [Abstract]

Short-term Debt

Short-term debt consisted of the following:

	August 27, 2011		February 26, 2011		August 28, 2010
JPMorgan revolving credit facility	$	—	$	—	$	—
Europe receivables financing facility(1)	386		455		350
Europe revolving credit facility	—		98		—
Canada revolving demand facility	—		—		—
China revolving demand facilities	6		4		33
Total short-term debt	$	392	$	557	$	383

⁽¹⁾ This facility is secured by certain network carrier receivables of Best Buy Europe, which are included within receivables in our condensed consolidated balance sheets.  The total amount available for borrowing under this facility is based on a percentage of the available acceptable receivables, as defined in the agreement for the facility, and was £277 (or $445) at August 27, 2011.

Schedule of long-term debt

Long-term debt consisted of the following:

	August 27, 2011			February 26, 2011			August 28, 2010
2021 Notes	$	648		$	—		$	—
2013 Notes	500			500			500
2016 Notes	349			—			—
Convertible debentures	402			402			402
Financing lease obligations	167			170			175
Capital lease obligations	72			79			41
Other debt	2			1			2
Total long-term debt	2,140			1,152			1,120
Less: current portion(1)	(444		)	(441		)	(32		)
Total long-term debt, less current portion	$	1,696		$	711		$	1,088

⁽¹⁾ Since holders of our convertible debentures may require us to purchase all or a portion of the debentures on January 15, 2012, we classified the $402 for such debentures in the current portion of long-term debt at August 27, 2011, and February 26, 2011.