Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Details)

v3.20.2
Long-Term Debt (Details) - USD ($)
$ in Millions
3 Months Ended
May 02, 2020
Feb. 01, 2020
May 04, 2019
Total debt $ 4,918 $ 3,758 $ 3,963
Unamortized debt issuance costs (34) (37) (45)
Less: current portion (4,884) (147) (92)
Total long-term debt $ 0 3,574 3,826
Line of Credit Facility, Description On March 16 and March 19, 2020, the Company borrowed $800 million and $450 million, respectively, from the senior secured asset-based revolving credit facility (the 2017 Credit Facility). Borrowings under the 2017 Credit Facility bear interest, at the Company’s option, at a base rate or LIBOR, plus an applicable interest rate margin varying depending on the Company’s utilization of the 2017 Credit Facility. The rates on the borrowings as of May 2, 2020, range from 2.75% to 4.25%. The proceeds from the 2017 Credit Facility may be used for working capital needs or general corporate purposes.    
Document Period End Date May 02, 2020    
Senior Notes [Member]      
Debt repurchase provision, percentage of outstanding principal 101.00%    
Senior Notes 8.125% due 2019 [Member]      
Unsecured Long-term Debt, Noncurrent $ 0 0 50
Debt Instrument, Interest Rate, Stated Percentage 8.125%    
Senior Notes 5.65% Due 2020 [Member]      
Unsecured Long-term Debt, Noncurrent [1] $ 105 105 110
Debt Instrument, Interest Rate, Stated Percentage 5.65%    
2017 Credit Facility [Member]      
Secured Long-term Debt, Noncurrent $ 1,179 0 118
2016 Term Loan Facility [Member]      
Secured Long-term Debt, Noncurrent 1,521 1,540 1,572
Senior Secured Notes Five Point Eight Seven Five Percent Due2023 [Member]      
Secured Long-term Debt, Noncurrent [1] $ 500 500 500
Debt Instrument, Interest Rate, Stated Percentage 5.875%    
Debentures 7.125% Due 2023 [Member]      
Unsecured Long-term Debt, Noncurrent $ 10 10 10
Debt Instrument, Interest Rate, Stated Percentage 7.125%    
Senior Secured Second Priority Notes 8.625% due 2025 [Member]      
Secured Long-term Debt, Noncurrent [1] $ 400 400 400
Debt Instrument, Interest Rate, Stated Percentage 8.625%    
Notes 6.9% Due 2026 [Member]      
Unsecured Long-term Debt, Noncurrent $ 2 2 2
Debt Instrument, Interest Rate, Stated Percentage 6.90%    
Senior Notes 6.375% Due 2036 [Member]      
Unsecured Long-term Debt, Noncurrent [1] $ 388 388 388
Debt Instrument, Interest Rate, Stated Percentage 6.375%    
Debentures 7.4% Due 2037 [Member]      
Unsecured Long-term Debt, Noncurrent $ 313 313 313
Debt Instrument, Interest Rate, Stated Percentage 7.40%    
Notes 7.625% Due 2097 [Member]      
Unsecured Long-term Debt, Noncurrent $ 500 500 500
Debt Instrument, Interest Rate, Stated Percentage 7.625%    
Notes And Debentures Including Current Maturities [Member]      
Total debt $ 4,918 $ 3,758 $ 3,963
[1] These debt issuances contain a change of control provision that would obligate us, at the holders’ option, to repurchase the debt at a price of 101%.