v3.26.1
Debt (Tables)
6 Months Ended
Aug. 01, 2026
Debt Disclosure [Abstract]  
Components of Long-term Debt

Long-term debt, which excludes borrowings on the revolving credit facility, consists of the following secured and unsecured debt:

 

 

 

 

Outstanding

Maturity (Dollars in Millions)

Effective Rate at Issuance

Coupon Rate

August 1, 2026

January 31, 2026

August 2, 2025

2029

7.36%

7.25%

$42

$42

$42

2030

10.25%

10.00%

360

360

360

2031

3.40%

5.13%

320

425

500

2033

6.05%

6.00%

107

112

112

2037

6.89%

6.88%

86

89

101

2045

5.57%

5.55%

427

427

427

Outstanding secured and unsecured senior debt

 

 

1,342

1,455

1,542

Unamortized debt discounts and deferred financing costs

 

 

(17)

(19)

(22)

Long-term secured and unsecured senior debt

 

 

$1,325

$1,436

$1,520

Effective interest rate at issuance

 

 

6.49%

6.26%

6.13%