Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v2.4.0.8
Long-Term Debt (Tables)
12 Months Ended
Feb. 01, 2014
Long-Term Debt Disclosure [Abstract]  
Schedule of Debt
($ in millions)
 
2013
 
2012
Issue:
 
 
 
 
5.65% Senior Notes Due 2020(1)
 
$
400

 
$
400

5.75% Senior Notes Due 2018(1)
 
300

 
300

6.375% Senior Notes Due 2036(1)
 
400

 
400

6.875% Medium-Term Notes Due 2015
 
200

 
200

6.9% Notes Due 2026
 
2

 
2

7.125% Debentures Due 2023
 
10

 
255

7.4% Debentures Due 2037
 
326

 
326

7.625% Notes Due 2097
 
500

 
500

7.65% Debentures Due 2016
 
200

 
200

7.95% Debentures Due 2017
 
285

 
285

Term Loan
 
2,239

 

Total notes and debentures
 
4,862

 
2,868

Less: current maturities
 
23

 

Total long-term debt
 
$
4,839

 
$
2,868

Weighted-average interest rate at year end
 
6.5
%
 
6.9
%
Weighted-average maturity
 
15 years

 
 
 
(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%. These provisions trigger if there were a beneficial ownership change of 50% or more of our common stock.
Schedule of Maturities of Long-term Debt
($ in millions)
 
2014
$
23

2015
223

2016
223

2017
308

2018
2,447

Thereafter
1,638

Total
$
4,862