XML 52 R42.htm IDEA: XBRL DOCUMENT v3.7.0.1
Indebtedness and Credit Agreements (Details)
$ in Thousands
3 Months Ended
Jun. 03, 2017
USD ($)
loan
Mar. 04, 2017
USD ($)
Nov. 26, 2016
USD ($)
Jan. 15, 2015
USD ($)
Indebtedness and credit agreements        
Lease financing obligations $ 62,259 $ 65,315    
Total debt 7,240,267 7,328,693    
Current maturities of long-term debt and lease financing obligations (22,460) (21,335)    
Long-term debt and lease financing obligations, less current maturities $ 7,217,807 7,307,358    
Credit facility        
Number of second priority secured term loan facilities | loan 2      
Ownership interest (as a percent) 100.00%      
Maturities        
Remainder of fiscal 2018 $ 90      
2019 0      
2010 2,340,000      
2021 1,372,000      
2021 1,310,000      
Thereafter 2,223,000      
Secured Debt        
Indebtedness and credit agreements        
Long-term debt 3,281,224 3,368,574    
Senior secured revolving credit facility due January 2020        
Indebtedness and credit agreements        
Long-term debt 2,317,285 2,405,082    
Principal amount of debt 2,340,000 2,430,000    
Unamortized debt issuance costs 22,715 24,918    
Credit facility        
Maximum borrowing capacity       $ 3,700,000
Outstanding borrowings 2,340,000      
Letters of credit outstanding 59,388      
Additional borrowing capacity 1,300,612      
Amount of debt allowed to be outstanding 1,500,000      
Threshold amount of debt $ 750,000      
Number of days relating to debt threshold 90 days      
Period allowed for extensions on customary terms 90 days      
Availability under revolving credit facility $ 1,300,612      
Senior secured revolving credit facility due January 2020 | Minimum        
Credit facility        
Percentage of fee payable on daily unused revolver availability 0.25%      
Additional borrowing capacity $ 365,000   $ 365,000  
Threshold availability on the thirtieth consecutive calendar day $ 250,000      
Fixed charge coverage ratio 1.00      
Senior secured revolving credit facility due January 2020 | Maximum        
Credit facility        
Percentage of fee payable on daily unused revolver availability 0.375%      
Threshold availability on revolving credit facility to trigger fixed charge coverage requirements $ 200,000      
Threshold availability on the third consecutive business day $ 250,000      
Senior secured revolving credit facility due January 2020 | LIBOR | Minimum        
Credit facility        
Percentage points added to the reference rate 1.50%      
Senior secured revolving credit facility due January 2020 | LIBOR | Maximum        
Credit facility        
Percentage points added to the reference rate 2.00%      
Senior secured revolving credit facility due January 2020 | Alternate base rate | Minimum        
Credit facility        
Percentage points added to the reference rate 0.50%      
Senior secured revolving credit facility due January 2020 | Alternate base rate | Maximum        
Credit facility        
Percentage points added to the reference rate 1.00%      
Tranche 1 Term Loan (second lien) due August 2020        
Indebtedness and credit agreements        
Long-term debt $ 466,139 465,833    
Principal amount of debt 470,000 470,000    
Unamortized debt issuance costs $ 3,861 4,167    
Tranche 1 Term Loan (second lien) due August 2020 | LIBOR        
Credit facility        
Percentage points added to the reference rate 4.75%      
LIBOR floor (as a percent) 1.00%      
Tranche 1 Term Loan (second lien) due August 2020 | Citibank's base rate        
Credit facility        
Percentage points added to the reference rate 3.75%      
Tranche 2 Term Loan (second lien) due June 2021        
Indebtedness and credit agreements        
Long-term debt $ 497,710 497,569    
Principal amount of debt 500,000 500,000    
Unamortized debt issuance costs $ 2,290 2,431    
Tranche 2 Term Loan (second lien) due June 2021 | LIBOR        
Credit facility        
Percentage points added to the reference rate 3.875%      
LIBOR floor (as a percent) 1.00%      
Tranche 2 Term Loan (second lien) due June 2021 | Citibank's base rate        
Credit facility        
Percentage points added to the reference rate 2.875%      
Other secured        
Indebtedness and credit agreements        
Long-term debt $ 90 90    
Guaranteed Unsecured Debt        
Indebtedness and credit agreements        
Long-term debt 3,476,123 3,474,200    
9.25% senior notes due March 2020        
Indebtedness and credit agreements        
Long-term debt $ 897,027 $ 896,544    
Debt instrument, stated interest rate (as a percent) 9.25% 9.25%    
Principal amount of debt $ 902,000 $ 902,000    
Unamortized debt issuance costs 6,876 7,527    
Unamortized premium 1,903 2,071    
6.75% senior notes due June 2021        
Indebtedness and credit agreements        
Long-term debt $ 804,011 $ 803,640    
Debt instrument, stated interest rate (as a percent) 6.75% 6.75%    
Principal amount of debt $ 810,000 $ 810,000    
Unamortized debt issuance costs 5,989 6,360    
6.125% senior notes due 2023        
Indebtedness and credit agreements        
Long-term debt $ 1,775,085 $ 1,774,016    
Debt instrument, stated interest rate (as a percent) 6.125% 6.125%    
Principal amount of debt $ 1,800,000 $ 1,800,000    
Unamortized debt issuance costs 24,915 25,984    
Unguaranteed Unsecured Debt        
Indebtedness and credit agreements        
Long-term debt 420,661 420,604    
7.7% notes due February 2027        
Indebtedness and credit agreements        
Long-term debt $ 293,416 $ 293,375    
Debt instrument, stated interest rate (as a percent) 7.70% 7.70%    
Principal amount of debt $ 295,000 $ 295,000    
Unamortized debt issuance costs 1,584 1,625    
6.875% fixed-rate senior notes due December 2028        
Indebtedness and credit agreements        
Long-term debt $ 127,245 $ 127,229    
Debt instrument, stated interest rate (as a percent) 6.875% 6.875%    
Principal amount of debt $ 128,000 $ 128,000    
Unamortized debt issuance costs $ 755 $ 771