The following table provides the Company’s outstanding Long-term Debt balance, net of unamortized debt issuance costs and discounts and any current portion, as of May 2, 2026, January 31, 2026 and May 3, 2025: | | | | | | | | | | | | | | | | | | | May 2,
2026 | | January 31,
2026 | | May 3,
2025 | | (in millions) | | Senior Secured Debt with Subsidiary Guarantee | | | | | | $382 million Term Loan due August 2028 (“Term Loan Facility”) | $ | 378 | | | $ | 379 | | | $ | 381 | | Asset-based Revolving Credit Facility due May 2030 (“ABL Facility”) | 15 | | | — | | | 105 | | | Total Senior Secured Debt with Subsidiary Guarantee | 393 | | | 379 | | | 486 | | | Senior Debt with Subsidiary Guarantee | | | | | | $600 million, 4.625% Fixed Interest Rate Notes due July 2029 (“2029 Notes”) | 597 | | | 596 | | | 596 | | | Total Senior Debt with Subsidiary Guarantee | 597 | | | 596 | | | 596 | | | | | | | | | Total | 990 | | | 975 | | | 1,082 | | | Current Debt | (4) | | | (4) | | | (4) | | | Total Long-term Debt, Net of Current Portion | $ | 986 | | | $ | 971 | | | $ | 1,078 | |
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