Annual report pursuant to Section 13 and 15(d)

LONG-TERM DEBT (Tables)

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LONG-TERM DEBT (Tables)
 12 Months Ended
Feb. 01, 2014
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments Table
Long-term debt at February 1, 2014 and February 2, 2013 consists of the following:
 
February 1,
 
February 2,
(in millions)
2014
 
2013
$750.0 million Senior Notes,
$
750.0

 
$
—

fixed rate interest payable semi-annually, January 15 and July 15
 
 
 
$750.0 million Unsecured Credit Agreement,
 
 
 
interest payable monthly at LIBOR,
 
 
 
plus 0.90%, which was 1.06% at
 
 
 
February 1, 2014, amounts outstanding payable upon
 
 
 
expiration of the facility in February 2017
—

 
250.0

Demand Revenue Bonds, interest payable monthly
 

 
 

at a variable rate which was 0.19% at
 

 
 

February 1, 2014, principal payable on
 

 
 

demand, maturing June 2018
12.8

 
14.3

$7.0 million Forgivable Promissory Note, interest payable
 
 
 
   beginning in November 2017 at a rate of 1%,
 
 
 
   principal payable beginning November 2017
7.0

 
7.0

Total long-term debt
$
769.8

 
$
271.3

Less current portion
12.8

 
14.3

Long-term debt, excluding current portion
$
757.0

 
$
257.0