Quarterly report pursuant to Section 13 or 15(d)

Financing Activities

Financing Activities

6 Months Ended

Aug. 04, 2018

The following table shows the detail of debt repayments:



	26 Weeks Ended
	August 4, 2018		July 29, 2017
	(millions)
7.45% Senior debentures due 2017	$	—	$	300
6.9% Senior debentures due 2029	90		3
4.5% Senior notes due 2034	80		—
6.7% Senior notes due 2028	60		3
6.375% Senior notes due 2037	43		135
6.7% Senior debentures due 2034	28		28
7.0% Senior debentures due 2028	27		2
6.65% Senior debentures due 2024	11		4
6.9% Senior debentures due 2032	5		72
9.5% Amortizing debentures due 2021	2		2
9.75% Amortizing debentures due 2021	1		1
	$	347	$	550

During the 26 weeks ended August 4, 2018, the Company repurchased $344 million face value of senior notes and debentures. The debt repurchases were made in the open market for a total cost of $354 million, including expenses related to the transactions. Such repurchases resulted in the recognition of expense of $5 million during the 13 and 26 weeks ended August 4, 2018 presented as losses on early retirement of debt on the Consolidated Statements of Income.

During the 26 weeks ended July 29, 2017, the Company repurchased $247 million face value of senior notes and debentures. The debt repurchases were made in the open market for a total cost of $257 million, including expenses related to the transactions. Such repurchases resulted in the recognition of income of $2 million and expense of $1 million during the 13 and 26 weeks ended July 29, 2017, respectively, presented as gains and losses on early retirement of debt on the Consolidated Statements of Income.

During the 26 weeks ended July 29, 2017, the Company also repaid, at maturity, $300 million of 7.45% Senior debentures due July 2017.