XML 53 R31.htm IDEA: XBRL DOCUMENT
v3.20.4

LONG-TERM DEBT (Tables) | 6 Months Ended
--- | ---
Jan. 30, 2021
Debt Disclosure [Abstract] |
Schedule of Debt | The Company’s long-term debt consisted of the following:
(in thousands) | Average Interest Rate at January 30, 2021 |  | Fiscal Maturity Year |  | January 30, 2021 |  | August 1, 2020
Term Loan Facility | 4.37% |  | 2026 |  | $ | 1,015,000 |  |  | $ | 1,773,000 |
ABL Credit Facility | 1.52% |  | 2024 |  | 885,000 |  |  | 756,712 |
Senior Notes | 6.75% |  | 2029 |  | 500,000 |  |  | — |
Other secured loans | 5.18% |  | 2024-2025 |  | 42,966 |  |  | 49,268 |
Debt issuance costs, net |  |  |  |  | (37,128) |  |  | (45,846) |
Original issue discount on debt |  |  |  |  | (18,597) |  |  | (35,508) |
Long-term debt, including current portion |  |  |  |  | 2,387,241 |  |  | 2,497,626 |
Less: current portion of long-term debt |  |  |  |  | (12,991) |  |  | (70,632) |
Long-term debt |  |  |  |  | $ | 2,374,250 |  |  | $ | 2,426,994 |
Schedule of Line of Credit Facilities | The assets included in the Condensed Consolidated Balance Sheets securing the outstanding obligations under the ABL Credit Facility on a first-priority basis, and the unused credit and fees under the ABL Credit Facility, were as follows:
Assets securing the ABL Credit Facility (in thousands)(1): | January 30, 2021 |  | August 1, 2020
Certain inventory assets included in Inventories, net and Current assets of discontinued operations | $ | 2,261,209 |  |  | $ | 2,270,892 |
Certain receivables included in Accounts receivable, net and Current assets of discontinued operations | $ | 1,104,388 |  |  | $ | 1,077,682 |
(1)The ABL Credit Facility is also secured by all of the Company’s pharmacy scripts, which are included in Intangibles, net in the Condensed Consolidated Balance Sheets as of January 30, 2021 and August 1, 2020.
Unused credit and fees under the ABL Credit Facility (in thousands, except percentages): | January 30, 2021
Outstanding letters of credit | $ | 95,789 |
Letter of credit fees | 1.375 | %
Unused credit | $ | 1,117,774 |
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=120391452&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=120395691&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration