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Long-term Debt and Borrowing Facilities (Tables)

6 Months Ended

Jul. 31, 2021

Long-term Debt, by Current and Noncurrent [Abstract]

Schedule of Long-term Debt Instruments

The following table provides the Company’s outstanding debt balance, net of unamortized debt issuance costs and discounts, as of July 31, 2021, January 30, 2021 and August 1, 2020:

			July 31, 2021						January 30, 2021						August 1, 2020
			(in millions)
Senior Secured Debt with Subsidiary Guarantee
$750 million, 6.875% Fixed Interest Rate Secured Notes due July 2025 ("2025 Secured Notes")			$	—					$	740					$	739
Foreign Facilities			—						—						101
Total Senior Secured Debt with Subsidiary Guarantee			$	—					$	740					$	840
Senior Debt with Subsidiary Guarantee
$1 billion, 6.625% Fixed Interest Rate Notes due April 2021 (“2021 Notes”)			$	—					$	—					$	450
$1 billion, 5.625% Fixed Interest Rate Notes due February 2022 (“2022 Notes”)			—						284						858
$320 million, 5.625% Fixed Interest Rate Notes due October 2023 (“2023 Notes”)			319						319						498
$500 million, 9.375% Fixed Interest Rate Notes due July 2025 ("2025 Notes")			494						493						492
$297 million, 6.694% Fixed Interest Rate Notes due January 2027 (“2027 Notes”)			279						278						277
$500 million, 5.250% Fixed Interest Rate Notes due February 2028 (“2028 Notes”)			497						497						496
$500 million, 7.500% Fixed Interest Rate Notes due June 2029 ("2029 Notes")			489						488						488
$1 billion, 6.625% Fixed Interest Rate Notes due October 2030 ("2030 Notes")			989						988						—
$1 billion, 6.875% Fixed Interest Rate Notes due November 2035 (“2035 Notes”)			991						991						991
$700 million, 6.750% Fixed Interest Rate Notes due July 2036 (“2036 Notes”)			694						694						693
Total Senior Debt with Subsidiary Guarantee			$	4,752					$	5,032					$	5,243
Senior Debt
$350 million, 6.950% Fixed Interest Rate Debentures due March 2033 (“2033 Notes”)			$	348					$	348					$	348
$247 million, 7.600% Fixed Interest Rate Notes due July 2037 (“2037 Notes”)			246						246						298
Total Senior Debt			$	594					$	594					$	646
Victoria's Secret & Co. Notes
Victoria's Secret & Co. $600 million, 4.625% Fixed Interest Rate Notes due July 2029 ("Victoria's Secret & Co. Notes")			592						—						—
Total			$	5,938					$	6,366					$	6,729
Current Debt			—						—						(460)
Total Long-term Debt, Net of Current Portion			$	5,938					$	6,366					$	6,269

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- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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