The following table provides the Company’s outstanding debt balances, net of unamortized debt issuance costs and discounts, as of May 2, 2026, January 31, 2026 and May 3, 2025: | | | | | | | | | | | | | | | | | | | May 2,
2026 | | January 31,
2026 | | May 3,
2025 | | (in millions) | | Senior Debt with Subsidiary Guarantee | | | | | | | | | | | | $297 million, 6.694% Fixed Interest Rate Notes due January 2027 (“2027 Notes”) | $ | — | | | $ | 280 | | | $ | 277 | | $444 million, 5.250% Fixed Interest Rate Notes due February 2028 (“2028 Notes”) | 444 | | | 444 | | | 443 | | $482 million, 7.500% Fixed Interest Rate Notes due June 2029 (“2029 Notes”) | 477 | | | 477 | | | 476 | | $844 million, 6.625% Fixed Interest Rate Notes due October 2030 (“2030 Notes”) | 840 | | | 839 | | | 839 | | $802 million, 6.875% Fixed Interest Rate Notes due November 2035 (“2035 Notes”) | 797 | | | 797 | | | 797 | | $575 million, 6.750% Fixed Interest Rate Notes due July 2036 (“2036 Notes”) | 571 | | | 571 | | | 571 | | | Total Senior Debt with Subsidiary Guarantee | 3,129 | | | 3,408 | | | 3,403 | | | Senior Debt | | | | | | $284 million, 6.950% Fixed Interest Rate Debentures due March 2033 (“2033 Notes”) | 284 | | | 284 | | | 283 | | $201 million, 7.600% Fixed Interest Rate Notes due July 2037 (“2037 Notes”) | 200 | | | 200 | | | 200 | | | Total Senior Debt | 484 | | | 484 | | | 483 | | | Total Debt | 3,613 | | | 3,892 | | | 3,886 | | | Current Debt | — | | | (280) | | | — | | | Total Long-term Debt, Net of Current Portion | $ | 3,613 | | | $ | 3,612 | | | $ | 3,886 | |
Cash paid for interest was $82 million and $77 million for the first quarters of 2026 and 2025, respectively.
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