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Debt

6 Months Ended

Aug. 03, 2013

Long-term debt consists of the following non-callable and unsecured senior debt:



	August 3, 2013 and February 2, 2013					July 28, 2012
Maturing	Effective Rate		Out- standing			Effective Rate		Out- standing
	(Dollars in Millions)
2017	6.31	%	$	650		6.31	%	$	650
2021	4.81	%	650			4.81	%	650
2023	3.25	%	350			—		—
2029	7.36	%	200			7.36	%	200
2033	6.05	%	300			6.05	%	300
2037	6.89	%	350			6.89	%	350
Total senior debt	5.63	%	2,500			6.01	%	2,150
Unamortized debt discount			(8		)			(9		)
Long-term debt			$	2,492				$	2,141

During the quarter, we amended the $1 billion revolving line of credit that we finalized in June 2011. The amendment extended the remaining term from June 2016 to June 2018 and changed the debt ratio covenant.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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