Long-Term Debt and Obligations Under Capital Leases (Tables)

12 Months Ended

Jan. 30, 2016

Long-Term Debt and Obligations Under Capital Leases [Abstract]

Long Term Debt And Capital Leases Obligations

	2015		2014
	($ in millions)
8.5% debentures payable 2022	$	118	$	118
Unamortized gain related to interest rate swaps (1)		11		12
Obligations under capital leases		1		4
	$	130	$	134
Less: current portion of obligations under capital leases		1		2
	$	129	$	132

(1) In 2009, the Company terminated an interest rate swap at a gain.  This gain is being amortized as part of interest expense over the remaining term of the debt using the effective-yield method.

Maturities of Long-term Debt

Maturities of long-term debt and minimum rent payments under capital leases in future periods are:

	Long-Term
	Debt		Capital Leases		Total
	($ in millions)
2016	$	—	$	1	$	1
2017-2020		—		—		—
Thereafter		118		—		118
	$	118	$	1	$	119
Less:    Imputed interest		—		—		—
Current portion		—		1		1
	$	118	$	—	$	118