Debt Obligations (Tables)

12 Months Ended

Jan. 30, 2026

The Company’s debt as of the periods presented was as follows:


	January 30, 2026										January 31, 2025
	Stated interest rate		Effective interest rate		Principal		Unamortized debt issuance costs		Net		Principal		Unamortized debt issuance costs		Net
					(dollars in millions)
Term Loan A Facility due June 2027	—	%	—	%	$	—	$	—	$	—	$	1,122	$	(2)	$	1,120
Term Loan A Facility due September 2030	5.07	%	5.15	%	1,100		(3)		1,097		—		—		—
Term Loan B3 Facility due February 2031	5.57	%	5.71	%	501		(3)		498		506		(3)		503
Senior Notes due April 2028	4.88	%	5.11	%	400		(2)		398		400		(3)		397
Senior Notes due November 2033	5.88	%	6.09	%	500		(6)		494		—		—		—
Revolving Credit Facility due June 2027	—	%	—	%	—		—		—		200		—		200
Total debt					$	2,501	$	(14)	$	2,487	$	2,228	$	(8)	$	2,220
Less current portion					19		—		19		313		—		313
Total debt, net of current portion					$	2,482	$	(14)	$	2,468	$	1,915	$	(8)	$	1,907

Maturities of Long-term Debt

Maturities of debt as of January 30, 2026 are:


Fiscal Year	Total
	(in millions)
2027	$	19
2028	31
2029	489
2030	88
2031	899
Thereafter	975
Total principal payments	$	2,501

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details