Quarterly report pursuant to Section 13 or 15(d)

Debt

v3.23.2
Debt
6 Months Ended
Jul. 29, 2023
Debt Disclosure [Abstract]  
Debt DebtCommercial Paper ProgramIn July 2023, we established a commercial paper program to issue unsecured commercial paper notes with maturities up to 397 days from the date of issue, up to a maximum aggregate face or principal amount outstanding at any time of $1.5 billion. We expect to use the net proceeds of note issuances for general corporate purposes. Our Revolving Credit Facility will serve as a liquidity backstop for the repayment of notes outstanding under the program. The notes will rank pari passu with all of our other unsecured and unsubordinated indebtedness. As of July 29, 2023, no notes have been issued under the program.