The home improvement company also reported 2022 second-quarter earnings of $3 billion, in line with prior-year results.
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Sales for the first quarter of 2022 were below the $24.4 billion reported during the same period in 2021.
The home improvement company announced the appointment of Brandon Sink as executive vice president and chief financial officer, effective April 30.
The home improvement company says it plans to use the net proceeds from the sale of the notes for “general corporate purposes.”
The company also reported 2021 fourth-quarter net earnings of $1.2 billion and diluted earnings per share of $1.78.
The company reported 2021 3Q net earnings of $1.9 billion and sales of $22.9 billion, according to the latest earnings announcement.