XML 53 R38.htm IDEA: XBRL DOCUMENT
v3.19.3

LONG-TERM DEBT (Tables) | 12 Months Ended
--- | ---
Aug. 03, 2019
Debt Disclosure [Abstract] |
Schedule of Debt | The Company’s long-term debt consisted of the following:
(in thousands) | Average Interest Rate at August 3, 2019 |  | Calendar Maturity Year |  | August 3, 2019 |  | July 28, 2018
Term Loan Facility | 6.40% |  | 2019-2025 |  | $ | 1,864,900 |  |  | $ | — |
ABL Credit Facility | 3.58% |  | 2023 |  | 1,080,000 |  |  | — |
Other secured loans | 5.54% |  | 2023-2024 |  | 57,649 |  |  | — |
Former ABL Credit Facility |  |  |  |  | — |  |  | 210,000 |
Former Term Loan Facility |  |  |  |  | — |  |  | 110,000 |
Debt issuance costs, net |  |  |  |  | (54,891 | ) |  | (1,164 | )
Original issue discount on debt |  |  |  |  | (41,175 | ) |  | — |
Long-term debt, including current portion |  |  |  |  | 2,906,483 |  |  | 318,836 |
Less: current portion of long-term debt |  |  |  |  | (87,433 | ) |  | (10,000 | )
Long-term debt |  |  |  |  | $ | 2,819,050 |  |  | $ | 308,836 |
Schedule of Maturities of Long-term Debt | Future maturities of long-term debt, excluding debt issuance costs and original issue and purchase accounting discounts on debt, as of August 3, 2019, consist of the following:
Fiscal Year |  | (In thousands)
2020 |  | $ | 102,713 |
2021 |  | 30,413 |
2022 |  | 31,091 |
2023 |  | 31,806 |
2024 |  | 1,105,526 |
2025 and thereafter |  | 1,701,000 |
|  | $ | 3,002,549 |
Schedule of Line of Credit Facilities | The assets included in the Consolidated Balance Sheets securing the outstanding borrowings under the ABL Credit Facility on a first-priority basis, and the unused available credit and fees under the ABL Credit Facility, were as follows:
Assets securing the ABL Credit Facility (in thousands)(1): | August 3, 2019
Certain inventory assets included in Inventories and Current assets of discontinued operations | $ | 2,172,662 |
Certain receivables included in Accounts receivable, net and Current assets of discontinued operations | $ | 916,543 |
(1) | The ABL Credit Facility is also secured by all of the Company’s pharmacy scripts, which are included in Long-term assets of discontinued operations in the Consolidated Balance Sheets as of August 3, 2019.
Unused available credit and fees under the ABL Credit Facility (in thousands, except percentages): | August 3, 2019
Outstanding letters of credit | $ | 76,199 |
Letter of credit fees | 1.375 | %
Unused available credit | $ | 919,154 |
Unused facility fees | 0.25 | %

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration