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How much was Target Corporation’s long-term debt at January 30, 2016? can you please explain in...

  1. How much was Target Corporation’s long-term debt at January 30, 2016? can you please explain in detail how this is calculated? thanks

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Expert Solution

The company's long term debt at January 30, 2016 was $11,945 million.

This was calculated by determining the carrying values of the company's debt portfolio as on January 30, 2016. The same is shown below:

Debt Maturities (in $ millions)
Due 2016-2020                                                5,268.00
Due 2021-2025                                                2,104.00
Due 2026-2030                                                   244.00
Due 2031-2035                                                   762.00
Due 2036-2040                                                2,010.00
Due 2041-2045                                                1,471.00
Total notes and debentures                                             11,859.00
Swap value adjustments                                                      42.00
Capital lease obligations                                                   859.00
Less: Amounts due within one year (815.00)
Long term debt                                             11,945.00

jeff jeffy answered 1 year ago
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