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Long-term Debt and Borrowing Facilities (Tables)
9 Months Ended
Nov. 02, 2024
Long-Term Debt, by Current and Noncurrent [Abstract]  
Schedule of Long-term Debt Instruments
The following table provides the Company’s outstanding debt balances, net of unamortized debt issuance costs and discounts, as of November 2, 2024, February 3, 2024 and October 28, 2023:
November 2,
2024
February 3,
2024
October 28,
2023
(in millions)
Senior Debt with Subsidiary Guarantee
$314 million, 9.375% Fixed Interest Rate Notes due July 2025 (“2025 Notes”)
$314 $313 $312 
$284 million, 6.694% Fixed Interest Rate Notes due January 2027 (“2027 Notes”)
276 287 286 
$444 million, 5.250% Fixed Interest Rate Notes due February 2028 (“2028 Notes”)
443 460 483 
$482 million, 7.500% Fixed Interest Rate Notes due June 2029 (“2029 Notes”)
476 492 492 
$844 million, 6.625% Fixed Interest Rate Notes due October 2030 (“2030 Notes”)
838 930 950 
$802 million, 6.875% Fixed Interest Rate Notes due November 2035 (“2035 Notes”)
796 806 855 
$575 million, 6.750% Fixed Interest Rate Notes due July 2036 (“2036 Notes”)
571 608 609 
Total Senior Debt with Subsidiary Guarantee3,714 3,896 3,987 
Senior Debt
$284 million, 6.950% Fixed Interest Rate Debentures due March 2033 (“2033 Notes”)
283 293 310 
$201 million, 7.600% Fixed Interest Rate Notes due July 2037 (“2037 Notes”)
200 199 200 
Total Senior Debt483 492 510 
Total Debt4,197 4,388 4,497 
Current Debt(314)— — 
Total Long-term Debt, Net of Current Portion$3,883 $4,388 $4,497 
Schedule of Long-Term Debt Repurchases
The following table provides details of the outstanding principal amounts of senior notes repurchased and extinguished during 2024 and 2023:
Third QuarterYear-to-Date
2024202320242023
(in millions)
2025 Notes$— $— $— $
2027 Notes— — 14 — 
2028 Notes— 14 17 14 
2029 Notes— — 17 — 
2030 Notes— 35 94 42 
2033 Notes— 31 10 39 
2035 Notes— 78 10 139 
2036 Notes— 38 86 
2037 Notes— 13 — 47 
Total$— $174 $200 $373