LONG-TERM DEBT - Schedule of Debt (Details) - USD ($) $ in Millions |
May 03, 2025 |
Aug. 03, 2024 |
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Debt Instrument [Line Items] | ||
Debt issuance costs, net | $ (16) | $ (18) |
Original issue discount on debt | (9) | (10) |
Long-term debt, including current portion | 1,962 | 2,085 |
Less: current portion of long-term debt | (3) | (4) |
Long-term debt | $ 1,959 | 2,081 |
ABL Credit Facility | ||
Debt Instrument [Line Items] | ||
Average Interest Rate | 5.75% | |
Long-term debt, gross | $ 992 | 1,113 |
Debt issuance costs, net | $ (5) | (7) |
Other secured loans | ||
Debt Instrument [Line Items] | ||
Average Interest Rate | 0.00% | |
Long-term debt, gross | $ 0 | 1 |
Secured Debt | Term Loan Facility | ||
Debt Instrument [Line Items] | ||
Average Interest Rate | 9.07% | |
Long-term debt, gross | $ 495 | 499 |
Debt issuance costs, net | (6) | (6) |
Original issue discount on debt | $ (9) | (10) |
Senior Notes | Senior Notes | ||
Debt Instrument [Line Items] | ||
Average Interest Rate | 6.75% | |
Long-term debt, gross | $ 500 | 500 |
Debt issuance costs, net | $ (5) | $ (5) |
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after accumulated amortization, of debt discount. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of long-term debt and lease obligation, including portion classified as current. No definition available.
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt classified as current. Excludes lease obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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