Financing Activities

The following table shows the detail of debt repayments:



	39 Weeks Ended
	October 28, 2017		October 29, 2016
	(millions)
7.45% Senior debentures due 2017	$	300	$	—
7.875% Senior debentures due 2036	—		108
6.375% Senior notes due 2037	135		—
7.45% Senior debentures due 2016	—		59
6.9% Senior debentures due 2032	72		—
6.7% Senior debentures due 2034	28		—
6.65% Senior debentures due 2024	4		—
6.9% Senior debentures due 2029	3		—
6.7% Senior debentures due 2028	3		—
7.0% Senior debentures due 2028	2		—
9.5% amortizing debentures due 2021	4		4
9.75% amortizing debentures due 2021	2		2
Capital leases and other obligations	1		1
	$	554	$	174

During the 39 weeks ended October 28, 2017, the Company repaid, at maturity, $300 million of 7.45% senior debentures due July 2017.

During the 39 weeks ended October 28, 2017, the Company repurchased $247 million face value of senior notes and debentures. The debt repurchases were made in the open market for a total cash cost of $257 million, including expenses related to the transactions. Such repurchases resulted in the recognition of expense of $1 million during the 39 weeks ended October 28, 2017 presented as net premiums on early retirement of debt on the Consolidated Statements of Income.

On November 27, 2017, the Company commenced a cash tender offer ("tender offer") to purchase up to $400 million in aggregate principal amount of certain senior unsecured notes and debentures, with stated interest rates ranging from 6.375% to 10.25% and maturities ranging from fiscal years 2021 to 2037. The tender offer expires on December 22, 2017, with an early tender date on December 8, 2017. The Company expects to record the redemption premium and other costs related to these repurchases as net premiums on early retirement of debt on the Consolidated Statements of Income during the fourth quarter of 2017.