Erro Jaya Rosady - 042024353001

Cover Page - shares
Entity Information [Line Items]

Document Type
Document Quarterly Report
Document Period End Date
Document Transition Report
Entity File Number
Entity Registrant Name
Entity Incorporation, State or Country Code
Entity Tax Identification Number
Entity Address, Address Line One
Entity Address, City or Town
Entity Address, State or Province
Entity Address, Postal Zip Code
City Area Code
Local Phone Number
Title of 12(b) Security
Trading Symbol
Security Exchange Name
Entity Current Reporting Status
Entity Interactive Data Current
Entity Filer Category
Entity Small Business
Entity Emerging Growth Company
Entity Shell Company
Entity Central Index Key
Current Fiscal Year End Date
Document Fiscal Year Focus
Document Fiscal Period Focus
Amendment Flag
Entity Common Stock, Shares Outstanding - Class C
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding - Class A
Entity Common Stock, Shares Outstanding - Class B
9 Months Ended
Oct. 30, 2020 Nov. 27, 2020
10-Q
true
Oct. 30,
false 2020
001-37867
Dell Technologies Inc.
DE
80-0890963
One Dell Way
Round Rock
TX
78682
800
289-3355
Class C Common Stock, par value $0.01 per share
DELL
NYSE
Yes
Yes
Large Accelerated Filer
false
false
false
0001571996
--01-29
2021
Q3
false
263,653,066
384,466,095
101,685,217
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in
Millions
Current assets:
Cash and cash equivalents
Accounts receivable, net of allowance of $115 and $94 (Note 18)
Short-term financing receivables, net of allowance of $217 and $109 (Note 4)
Inventories, net
Other current assets
Total current assets
Property, plant, and equipment, net
Long-term investments
Long-term financing receivables, net of allowance of $90 and $40 (Note 4)
Goodwill
Intangible assets, net
Other non-current assets
Total assets
Current liabilities:
Short-term debt
Accounts payable
Accrued and other
Short-term deferred revenue
Total current liabilities
Long-term debt
Long-term deferred revenue
Other non-current liabilities
Total liabilities
Commitments and contingencies (Note 10)
Redeemable shares (Note 16)
Stockholders’ equity (deficit):
Common stock and capital in excess of $0.01 par value (Note 14)
Treasury stock at cost
Accumulated deficit
Accumulated other comprehensive loss
Total Dell Technologies Inc. stockholders’ equity (deficit)
Non-controlling interests
Total stockholders’ equity
Total liabilities, redeemable shares, and stockholders’ equity
Oct. 30, 2020 Jan. 31, 2020
$ 11,304 $ 9,302
11,377 12,484
4,872 4,895
3,393 3,281
7,668 6,906
38,614 36,868
6,344 6,055
1,655 864
5,374 4,848
40,643 41,691
15,257 18,107
11,061 10,428
118,948 118,861
6,536 7,737
19,792 20,065
8,715 9,773
15,259 14,881
50,302 52,456
43,325 44,319
13,422 12,919
5,433 5,383
112,482 115,077
527 629
16,719 16,091
(305) (65)
(14,978) (16,891)
(553) (709)
883 (1,574)
5,056 4,729
5,939 3,155
$ 118,948 $ 118,861
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Parenthetical) -
USD ($) $ in Millions
Statement of Financial Position [Abstract]
Accounts receivable, allowance for credit loss
Short-term financing receivables, allowance
Long-term financing receivables, allowance
Common stock, par value (in dollars per share)
Oct. 30, 2020 Jan. 31, 2020
$ 115 $ 94
217 109
$ 90 $ 40
$ 0.01 $ 0.01
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($) $ in 3 Months Ended
Millions Oct. 30, 2020
Net revenue:
Total net revenue $ 23,482
Cost of net revenue:
Total cost of net revenue 16,221
Gross margin 7,261
Operating expenses:
Selling, general, and administrative 4,772
Research and development 1,360
Total operating expenses 6,132
Operating income 1,129
Interest and other, net 273
Income (loss) before income taxes 1,402
Income tax expense (benefit) 521
Net income 881
Less: Net income attributable to non-controlling interests 49
Net income attributable to Dell Technologies Inc. $ 832
Earnings per share attributable to Dell Technologies Inc.
Dell Technologies Common Stock — Basic (in dollars per share) $ 1.11
Dell Technologies Common Stock — Diluted (in dollars per share) $ 1.08
Products
Net revenue:
Total net revenue $ 17,352
Total cost of net revenue 13,789
Services
Net revenue:
Total net revenue 6,130
Total cost of net revenue $ 2,432
3 Months Ended 9 Months Ended
Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 22,844 $ 68,112 $ 68,122
15,718 46,842 46,873

7,126 21,270 21,249
5,028 14,419 15,677

1,262 3,884 3,667
6,290 18,303 19,344
836 2,967 1,905
(677) (929) (2,000)
159 2,038 (95)
(393) (124) (5,208)
552 2,162 5,113
53 139 905
$ 499 $ 2,023 $ 4,208
$ 0.69 $ 2.73 $ 5.84

$ 0.66 $ 2.64 $ 5.50
$ 17,275 $ 50,127 $ 51,765
13,558 39,923 40,526
5,569 17,985 16,357
$ 2,160 $ 6,919 $ 6,347

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD
($) $ in Millions
Statement of Comprehensive Income [Abstract]
Net income
Other comprehensive income (loss), net of tax
Foreign currency translation adjustments
Cash flow hedges:
Change in unrealized gains (losses)
Reclassification adjustment for net gains included in net income
Net change in cash flow hedges
Pension and other postretirement plans:
Recognition of actuarial net gains (losses) from pension and other postretirement plans
Reclassification adjustments for net losses from pension and other postretirement plans
Net change in actuarial net gains (losses) from pension and other postretirement plans
Total other comprehensive income (loss), net of tax expense (benefit) of $9 and $(6),
respectively,
Comprehensive andincome,
$(3) and $1,
net ofrespectively
tax
Less: Net income attributable to non-controlling interests
Less: Other comprehensive income (loss) attributable to non-controlling interests
Comprehensive income attributable to Dell Technologies Inc.
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 881 $ 552 $ 2,162 $ 5,113
(21) 50 243 (186)
45 (47) (45) 210

84 (71) (24) (197)
129 (118) (69) 13
1 0 (21) 8
(1) 0 3 0
0 0 (18) 8
108 (68) 156 (165)
989 484 2,318 4,948
49 53 139 905
1 (1) 0 0
$ 939 $ 432 $ 2,179 $ 4,043
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(Parenthetical) - USD ($) $ in Millions
Statement of Comprehensive Income [Abstract]
Tax expense (benefit)
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$9 $ (6) $ (3) $1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions
Cash flows from operating activities:
Net income
Adjustments to reconcile net income to net cash provided by (used in) operating
activities:
Depreciation and amortization
Stock-based compensation expense
Deferred income taxes
Other, net
Changes in assets and liabilities, net of effects from acquisitions and dispositions:
Accounts receivable
Financing receivables
Inventories
Other assets and liabilities
Accounts payable
Deferred revenue
Change in cash from operating activities
Cash flows from investing activities:
Purchases of investments
Maturities and sales of investments
Capital expenditures and capitalized software development costs
Acquisition of businesses and assets, net
Divestitures of businesses and assets, net
Other
Change in cash from investing activities
Cash flows from financing activities:
Proceeds from the issuance of common stock
Repurchases of parent common stock
Repurchases of subsidiary common stock
Proceeds from debt
Repayments of debt
Other
Change in cash from financing activities
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
Change in cash, cash equivalents, and restricted cash
Cash, cash equivalents, and restricted cash at beginning of the period
Cash, cash equivalents, and restricted cash at end of the period
9 Months Ended
Oct. 30, 2020 Nov. 01, 2019
$ 2,162 $ 5,113
4,017 4,608
1,219 886
(219) (5,927)
(322) 866
885 800
(624) (592)
(198) 364
(2,175) (2,445)
(216) 299
1,001 1,811
5,530 5,783
(296) (142)
98 449
(1,584) (1,876)
(405) (2,437)
2,187 (3)
26 27
26 (3,982)
389 451
(240) (6)
(890) (1,686)
14,772 17,656
(17,244) (18,948)
(270) (67)
(3,483) (2,600)
(67) (100)
2,006 (899)
10,151 10,240
$ 12,157 $ 9,341
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) -
USD ($) shares in Millions, $ in Millions
Balance, beginning of period (in shares) at Feb. 01, 2019
Balance, beginning of period at Feb. 01, 2019
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income
Cash flow hedges, net change
Pension and other post-retirement
Issuance of common stock (in shares)
Issuance of common stock
Treasury stock repurchases (in shares)
Treasury stock repurchases
Revaluation of redeemable shares
Impact from equity transactions of non-controlling interests
Balance, end of period (in shares) at Nov. 01, 2019
Balance, end of period at Nov. 01, 2019
Balance, beginning of period (in shares) at Aug. 02, 2019
Balance, beginning of period at Aug. 02, 2019
Net income
Balance, end of period (in shares) at Nov. 01, 2019
Balance, end of period at Nov. 01, 2019
Balance, beginning of period (in shares) at Jan. 31, 2020
Balance, beginning of period at Jan. 31, 2020
Net income
Treasury stock repurchases (in shares)
Treasury stock repurchases
Balance, end of period (in shares) at Oct. 30, 2020
Balance, end of period at Oct. 30, 2020
Balance, beginning of period (in shares) at Jul. 31, 2020
Balance, beginning of period at Jul. 31, 2020
Net income
Balance, end of period (in shares) at Oct. 30, 2020
Balance, end of period at Oct. 30, 2020
Total Adjustment for adoption of accounting standards
$ (942) $3
5,113
(186)
13
8
152
886
(2)
262
(1,430)
3,877
3,095
552
50
(118)
0
67
322
90
(181)
3,877
3,155 $ (110)
2,162
243
(69)
(18)
124
1,219
(240)
102
(629)
5,939
4,558
881
(21)
129
0
46
436
83
(173)
$ 5,939
Common Stock and Capital in Excess of Par Value Treasury Stock Accumulated Deficit
721 2
$ 16,114 $ (63) $ (21,349)
4,208
10
$ 152
165
0
$ (2)
262
$ (501) (161)
731 2
$ 16,192 $ (65) (17,299)
726 2
$ 15,956 $ (65) (17,775)
499
5
$ 67
61
90
$ 18 (23)
731 2
$ 16,192 $ (65) (17,299)
745 2
$ 16,091 $ (65) (16,891)
2,023
12
$ 124
332
6
$ (240)
102
$ 70
757 8
$ 16,719 $ (305) (14,978)
753 8
$ 16,356 $ (305) (15,810)
832
4
$ 46
126
83
$ 108
757 8
$ 16,719 $ (305) $ (14,978)
Accumulated DeficitAdjustment for adoption of accounting standards
$3
$ (110)
Accumulated Other Comprehensive Income/(Loss)
$ (467)
(186)
13
8
(632)
(565)
50
(117)
(632)
(709)
243
(69)
(18)
(553)
(660)
(21)
128
$ (553)
Dell Technologies Stockholders’ Equity (Deficit)
$ (5,765)
4,208
(186)
13
8
152
165
(2)
262
(662)
(1,804)
(2,449)
499
50
(117)
67
61
90
(5)
(1,804)
(1,574)
2,023
243
(69)
(18)
124
332
(240)
102
70
883
(419)
832
(21)
128
46
126
83
108
$ 883
Dell Technologies Stockholders’ Equity (Deficit)Adjustment for adoption of accounting
standards
$3
$ (110)
Non-Controlling Interests
$ 4,823
905
721
(768)
5,681
5,544
53
(1)
261
(176)
5,681
4,729
139
887
(699)
5,056
4,977
49
310
(281)
$ 5,056
BASIS OF PRESENTATION
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION
9 Months Ended
Oct. 30, 2020
NOTE 1 — BASIS OF PRESENTATION References in these Notes to the Condensed

Consolidated Financial Statements to the “Company” or “Dell Technologies” mean Dell
INTERIM UPDATE TO SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
INTERIM UPDATE TO SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
9 Months Ended
Oct. 30, 2020
NOTE 2 — INTERIM UPDATE TO SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES As

discussed in Note 1 of the Notes to the Condensed Consolidated Financial Statements, the
FAIR VALUE MEASUREMENTS AND
INVESTMENTS
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS AND
INVESTMENTS
9 Months Ended
Oct. 30, 2020
NOTE 3 — FAIR VALUE MEASUREMENTS AND INVESTMENTS The following table presents
the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring
FINANCIAL SERVICES
Receivables [Abstract]
FINANCIAL SERVICES
9 Months Ended
Oct. 30, 2020
NOTE 4 — FINANCIAL SERVICES The Company offers or arranges various financing options,
services, and alternative payment structures for its customers in North America, Europe,
LEASES
Leases [Abstract]
LEASES
9 Months Ended
Oct. 30, 2020
NOTE 5 — LEASES The Company enters into leasing transactions in which the Company is the
lessee. These lease contracts are typically classified as operating leases. The Company’s lease
DEBT
Debt Disclosure [Abstract]
DEBT
9 Months Ended
Oct. 30, 2020
NOTE 6 — DEBT The following table presents the Company’s outstanding debt as of the dates
indicated: October 30, 2020 January 31, 2020 (in millions) Secured Debt Senior Secured
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES
9 Months Ended
Oct. 30, 2020
NOTE 7 — DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES As part of its risk

management strategy, the Company uses derivative instruments, primarily foreign currency
BUSINESS COMBINATIONS, GOODWILL AND INTANGIBLE
ASSETS
Goodwill and Intangible Assets Disclosure [Abstract]
BUSINESS COMBINATIONS, GOODWILL AND INTANGIBLE
ASSETS
9 Months Ended
Oct. 30, 2020
NOTE 8 — BUSINESS COMBINATIONS, GOODWILL AND INTANGIBLE ASSETS Business

Combinations VMware, Inc. Acquisitions SaltStack, Inc. — During the three months ended
DEFERRED REVENUE
Revenue from Contract with Customer [Abstract]
DEFERRED REVENUE
9 Months Ended
Oct. 30, 2020
NOTE 9 — DEFERRED REVENUE Deferred Revenue — Deferred revenue is recorded for

support and deployment services, software maintenance, professional services, training, and
COMMITMENTS AND CONTINGENCIES
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES
9 Months Ended
Oct. 30, 2020
NOTE 10 — COMMITMENTS AND CONTINGENCIES Legal Matters The Company is involved in

various claims, suits, assessments, investigations, and legal proceedings that arise from time
INCOME AND OTHER TAXES
Income Tax Disclosure [Abstract]
INCOME AND OTHER TAXES
9 Months Ended
Oct. 30, 2020
NOTE 11 — INCOME AND OTHER TAXES For the three months ended October 30, 2020 and
November 1, 2019, the Company’s effective income tax rates were 37.2% and -247.2% on pre-
ACCUMULATED OTHER COMPREHENSIVE INCOME
(LOSS)
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME
(LOSS)
9 Months Ended
Oct. 30, 2020
NOTE 12 — ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Accumulated other

comprehensive income (loss) is presented in stockholders’ equity (deficit) in the Condensed
NON-CONTROLLING INTERESTS
Noncontrolling Interest [Abstract]
NON-CONTROLLING INTERESTS
9 Months Ended
Oct. 30, 2020
NOTE 13 — NON-CONTROLLING INTERESTS VMware, Inc. — The non-controlling interests’

share of equity in VMware, Inc. is reflected as a component of the non-controlling interests in
CAPITALIZATION
Equity [Abstract]
CAPITALIZATION
9 Months Ended
Oct. 30, 2020
NOTE 14 — CAPITALIZATION The following table presents the Company’s authorized, issued,
and outstanding common stock as of the dates indicated: Authorized Issued Outstanding (in
EARNINGS PER SHARE
Earnings Per Share [Abstract]
EARNINGS PER SHARE
9 Months Ended
Oct. 30, 2020
NOTE 15 — EARNINGS PER SHARE Basic earnings per share is based on the weighted-average
effect of all common shares issued and outstanding and is calculated by dividing net income
REDEEMABLE SHARES
Temporary Equity Disclosure [Abstract]
REDEEMABLE SHARES
9 Months Ended
Oct. 30, 2020
NOTE 16 — REDEEMABLE SHARES Awards under the Company’s stock incentive plans
include certain rights that allow the holder to exercise a put feature for the underlying Class A
SEGMENT INFORMATION
Segment Reporting [Abstract]
SEGMENT INFORMATION
9 Months Ended
Oct. 30, 2020
NOTE 17 — SEGMENT INFORMATION The Company has three reportable segments that are
based on the following business units: Infrastructure Solutions Group (“ISG”); Client Solutions
SUPPLEMENTAL CONSOLIDATED FINANCIAL
INFORMATION
Condensed Financial Information Disclosure [Abstract]
SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION
9 Months Ended
Oct. 30, 2020
NOTE 18 — SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION The following table

presents additional information on selected accounts included in the Condensed Consolidated
INTERIM UPDATE TO SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Principles of Consolidation
Basis of Presentation
Use of Estimates
Fiscal Period
Principles of Consolidation
Recently Issued and Adopted Accounting Pronouncements
Allowance for Expected Credit Losses and Allowance for Financing Receivables Losses
Capitalized Software Development Costs
Money Market Funds
Equity and Other Securities
Derivative Instruments
Deferred Compensation Plans
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Legal Matters
9 Months Ended
Oct. 30, 2020
References in these Notes to the Condensed Consolidated Financial Statements to the

“Company” or “Dell Technologies”
Basis of Presentation mean Dellunaudited
— The accompanying Technologies Inc. individually
Condensed and together
Consolidated Financialwith
Statements should
The preparation of be read instatements
financial conjunction inwith the audited
accordance withConsolidated
GAAP requires Financial Statements
management to
make estimates and assumptions that affect the amounts reported in the Condensed
The Company’s fiscal year is the 52- or 53-week period ending on the Friday nearest January
31. The fiscal
Principles year ended January 31,
of Consolidation 2020 (“Fiscal
— These Condensed 2020”) wasFinancial
Consolidated a 52-week period, and
Statements the
include
the accounts
Recently Issuedof Dell Technologies
Accounting and its wholly-owned
Pronouncements Accountingsubsidiaries, as well
for Convertible as the accounts
Instruments and of
Contracts
Allowanceinfor anExpected
Entity’s Own
CreditEquity
Losses —— InThe
August 2020, the
Company Financial
recognizes anAccounting
allowance forStandards
losses on
accounts receivable in an amount equal to the current expected credit
Capitalized Software Development Costs — The Company capitalizes certain internal losses. The estimation
and
external
Money Market Funds — The Company’s investments in money market funds that are to the
costs to acquire or create internal use software which are incurred subsequent
classified
Equity andasOther
cash equivalents
Securities —hold
Theunderlying
majority ofinvestments
the Company’s with a weightedin
investments average
equity maturity
and other
securities that are measured at fair value on a recurring basis consist of strategic
Derivative Instruments — The Company’s derivative financial instruments consist primarily investments
of foreignCompensation
Deferred currency forward and
Plans —purchased
The Company option contracts
offers deferredand interest rate swaps.
compensation plans for The fair
eligible
employees, which allow
Assets and Liabilities participants
Measured toValue
at Fair defer on
payment for a portion
a Nonrecurring of —
Basis their compensation.
Certain assets are
measured at fair value on a nonrecurring basis and therefore are not included
Legal Matters The Company is involved in various claims, suits, assessments, investigations,in the recurring
and legal proceedings that arise from time to time in the ordinary course of its business,
FAIR VALUE MEASUREMENTS AND INVESTMENTS (Tables)
Fair Value Disclosures [Abstract]
Hierarchy for assets and liabilities measured at fair value on a recurring basis
Carrying value and estimated fair value of outstanding debt
Investments
9 Months Ended
Oct. 30, 2020
The following table presents the Company’s hierarchy for its assets and liabilities measured at
fair valueValue
Carrying on a recurring basis as
and Estimated ofValue
Fair the dates indicated: October
of Outstanding Debt — 30,
The2020 January
following 31,presents
table 2020
the
Thecarrying
followingvalue
tableand estimated
presents fair valuevalue
the carrying of the
ofCompany’s outstanding
the Company’s debtas
investments asof
described
the datesin
indicated: October 30, 2020 January 31, 2020 Cost Unrealized Gain Unrealized (Loss) Carrying
FINANCIAL SERVICES (Tables)
Components of financing receivables segregated by portfolio segment
Allowance for financing receivable losses
Aging of customer financing receivables
Credit quality indicators
Finance leases
Future maturity of fixed-term customer leases
Operating lease income
Operating lease income maturities
Summary of debt
Financing receivables held by the consolidated VIEs
9 Months Ended
Oct. 30, 2020
The following table presents the components of the Company’s financing receivables
segregated
The followingby tables
portfolio segment
present as of the in
the changes dates indicated:
allowance October 30,
for financing 2020 January
receivable losses31,
for2020
the
periods indicated: Three Months Ended October 30, 2020 November 1, 2019 Revolving
The following table presents the aging of the Company’s customer financing receivables, gross, Fixed-
including accrued
The following tableinterest,
presentssegregated
customer by class, as ofgross,
receivables, the dates indicated:
including October
accrued 30, by
interest, 2020credit
quality indicator segregated by class and year of origination, as of the
The following table presents the net revenue, cost of net revenue, and gross margindate indicated: October
recognized
The followingat the
tablecommencement date of
presents the future sales-type
maturity leases
of the for the periods
Company’s indicated:
fixed-term customerThree
leases
and associated financing payments, and reconciles the undiscounted cash
The following table presents the components of the Company’s operating lease portfolio flows to the
included in Property,
The following plant, and
table presents theequipment, net asto
future payments ofbe
thereceived
dates indicated: Octoberas
by the Company 30,lessor
2020in
operating leasetable
The following contracts as of
presents thedebt
DFS dateasindicated: October
of the dates 30, 2020
indicated. The Fiscal Years (inthe
table excludes millions)
allocated portion
The following tableof presents
the Company’s other
financing borrowings,
receivables andwhich represents
equipment underthe additional
operating amount
leases, net
held by the consolidated VIEs as of the dates indicated: October 30, 2020 January 31, 2020 (in
LEASES (Tables)
Leases [Abstract]
Components of lease expense and supplemental information
Maturity of operating lease liabilities
9 Months Ended
Oct. 30, 2020
The following table presents components of lease costs included in the Condensed
Consolidated
The followingStatements of Income
table presents (Loss)
the future for theofperiods
maturity indicated:
the Company’s Three Months
operating Ended
lease liabilities
under non-cancelable leases and reconciles the undiscounted cash flows for these leases to
DEBT (Tables)
Debt Disclosure [Abstract]
Outstanding debt
Aggregate future maturities
9 Months Ended
Oct. 30, 2020
The following table presents DFS debt as of the dates indicated. The table excludes the
allocated portion
The following of presents
table the Company’s other borrowings,
the aggregate which represents
future maturities the additional
of the Company’s amount
debt as of
October 30, 2020 for the periods indicated: Maturities by Fiscal Year 2021 (remaining three
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Notional amounts of outstanding derivative instruments
Derivative instruments designated as hedging instruments
Derivative instruments not designated as hedging instruments
Fair value of derivatives
Offsetting assets
Offsetting liabilities
9 Months Ended
Oct. 30, 2020
October 30, 2020 January 31, 2020 (in millions) Foreign exchange contracts: Designated as
cash flow hedging
Derivatives in Cashinstruments $ 6,436
Flow Hedging $ 8,703 Non-designated
Relationships as hedging
Gain (Loss) Recognized instruments 8,808
in Accumulated OCI,
Net of Tax, on Derivatives Location of Gain (Loss) Reclassified from Accumulated
Three Months Ended Nine Months Ended October 30, 2020 November 1, 2019 October 30, OCI into
2020 November
The following 1, 2019
tables Location
present of Gain
the fair value(Loss) Recognized
of those derivative(in millions) Gain
instruments (Loss) on a
presented
gross basis as of
The following the dates
tables indicated:
present the grossOctober
amounts30,of2020 Other Current
the Company’s Other Non-
derivative Other
instruments,
amounts offsettables
The following due topresent
masterthe
netting
grossagreements
amounts ofwith the Company’s
the Company’s counterparties,
derivative and the
instruments,
amounts offset due to master netting agreements with the Company’s counterparties, and the
BUSINESS COMBINATIONS, GOODWILL AND INTANGIBLE ASSETS
(Tables)
Schedule of goodwill
Schedule of definite-lived intangible assets
Schedule of indefinite-lived intangible assets
Estimated future annual pre-tax amortization expense
9 Months Ended
Oct. 30, 2020
The following table presents goodwill allocated to the Company’s reportable segments and
changes in thetable
The following carrying amount
presents theof goodwill as
Company’s of the dates
intangible indicated:
assets as of theInfrastructure Solutions
dates indicated:
October 30, 2020
The following January
table 31,the
presents 2020 Gross Accumulated
Company’s Net Gross
intangible assets as ofAccumulated Net (in
the dates indicated:
October 30, 2020 January 31, 2020 Gross Accumulated Net Gross Accumulated
The following table presents the estimated future annual pre-tax amortization expenseNet (in of
definite-lived intangible assets as of the date indicated: October 30, 2020 Fiscal Years (in
DEFERRED REVENUE (Tables)
Changes in deferred revenue
9 Months Ended
Oct. 30, 2020
The following table presents the changes in the Company’s deferred revenue for the periods
indicated: Three Months Ended Nine Months Ended October 30, 2020 November 1, 2019
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
Equity [Abstract]
Changes in accumulated other comprehensive income (loss)
Reclassifications out of accumulated other comprehensive income (loss)
9 Months Ended
Oct. 30, 2020
The following table presents changes in accumulated other comprehensive income (loss), net
of
Thetax, by the following
following components
table presents as of the dates
reclassifications out ofindicated: Foreign
accumulated otherCurrency Translation
comprehensive
income (loss), net of tax, to net income for the periods indicated: Three Months Ended October
NON-CONTROLLING INTERESTS (Tables)
Effect of changes in ownership interest
9 Months Ended
Oct. 30, 2020
The following table presents the effect of changes in the Company’s ownership interest in
VMware, Inc. and Secureworks on the Company’s equity for the period indicated: Nine Months
CAPITALIZATION
(Tables)
Equity [Abstract]
Schedule of stock
9 Months Ended
Oct. 30, 2020
The following table presents the Company’s authorized, issued, and outstanding common
stock as of the dates indicated: Authorized Issued Outstanding (in millions) Common stock as
EARNINGS PER SHARE (Tables)
Computation of basic and diluted earnings (loss) per share and reconciliation to consolidated
net income (loss)
9 Months Ended
Oct. 30, 2020
The following table presents the basic and diluted earnings per share for the periods
indicated: Three Months Ended Nine Months Ended October 30, 2020 November 1, 2019
REDEEMABLE SHARES (Tables)
Temporary Equity Disclosure [Abstract]
Temporary equity
9 Months Ended
Oct. 30, 2020
The following table presents the amount of redeemable shares classified as temporary equity
and summarizes the award type as of the dates indicated: October 30, 2020 January 31, 2020
SEGMENT INFORMATION (Tables)
Reconciliation of revenue from segments to consolidated
Disaggregation of revenue
9 Months Ended
Oct. 30, 2020
The following table presents a reconciliation of net revenue by the Company’s reportable
segments to the
The following Company’s
table presentsconsolidated net revenue
the disaggregation of netas well asby
revenue a reconciliation of
reportable segment, and by
major product categories within the segments for the periods indicated: Three Months Ended
SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION
(Tables)
Condensed Financial Information Disclosure [Abstract]
Information on selected accounts
Trade Receivables — Allowance for Expected Credit Losses
Liability for standard limited warranties
Interest and other, net
Activity related to severance liability
Severance charges
9 Months Ended
Oct. 30, 2020
The following table presents additional information on selected accounts included in the
Condensed
The followingConsolidated Statements
table presents of Financial
the changes Position asallowance
in the Company’s of the dates
forindicated: October
expected credit
losses for the periods
The following indicated:
table presents ThreeinMonths
changes Ended Nine
the Company’s Months
liability Ended October
for standard limited30, 2020
warranties for the periods indicated: Three Months Ended Nine Months Ended
The following table provides information regarding interest and other, net for the October
periods30,
indicated: Three
The following Months
table Ended
presents theNine Months
activity Ended
related October
to the 30, 2020
Company’s November
severance 1, 2019
liability for the
periods indicated: Three Months Ended Nine Months Ended October 30, 2020
The following table presents severance charges as included in the Condensed ConsolidatedNovember 1,
Statements of Income (Loss) for the periods indicated: Three Months Ended Nine Months
BASIS OF PRESENTATION - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net revenue
Stockholders’ equity (deficit) decrease
Adjustment for adoption of accounting standards
Financing receivable, allowance for credit loss
Stockholders’ equity (deficit) decrease
Pivotal | VMware | Class B
Business acquisition, share price (in dollars per share)
Conversion of shares (in shares)
Business acquisition shares received on exchange (in shares)
Merger Agreement
Cash payment
Shares issued (in shares)
Equity issued in acquisition
Per share cash consideration (in dollars per share)
RSA Security | Held-for-sale
Proceeds from divestiture
Gain on sale
Loss on sale, net of tax
Tax expense from sale
Restatement Adjustment
Net revenue
Sep. 01, 2020 Dec. 30, 2019 Dec. 28, 2018 Nov. 14, 2018 Oct. 30, 2020 Nov. 01, 2019
$ 23,482 $ 22,844
115
5,433
$ (5,939) (3,877)
$ 15
0.0550
7,200,000
$ 14,000
149,387,617
$ 6,900
$ 120
$ 2,082
338
21
$ 359
$ 210
Oct. 30, 2020 Nov. 01, 2019 Jul. 31, 2020 Feb. 01, 2020 Jan. 31, 2020 Aug. 02, 2019
$ 68,112 $ 68,122
115 $ 146 $ 94
5,433 5,383
$ (5,939) (3,877) (4,558) (3,155) $ (3,095)
$ 111
$0 27 27
(28)
$ 110 $ 110
$ 584
Feb. 01, 2019
$ 942
$ (3)
INTERIM UPDATE TO SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative
(Details)
Development Costs
Property, Plant and Equipment [Line Items]
Useful life
9 Months Ended
Oct. 30, 2020
5 years
FAIR VALUE MEASUREMENTS AND INVESTMENTS - Hierarchy for Assets and Liabilities
Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Millions
Assets:
Equity and other securities
Derivative instruments
Total assets
Liabilities:
Total liabilities
Money market funds
Assets:
Level 1
Assets:
Total assets
Liabilities:
Total liabilities
Level 1 | Money market funds
Assets:
Level 2
Assets:
Total assets
Liabilities:
Total liabilities
Assets:
Level 3
Assets:
Total assets
Liabilities:
Total liabilities
Assets:
Oct. 30, 2020 Jan. 31, 2020
$ 553 $ 12
52 81
7,167 4,714
181 68
181 68
6,562 4,621
553 12
0 0
7,115 4,633
0 0
0 0
6,562 4,621
0 0
52 81
52 81
181 68
181 68
0 0
0 0
0 0
0 0
0 0
0 0
$0 $0
FAIR VALUE MEASUREMENTS AND INVESTMENTS - Additional Information (Narrative)
(Details) $ in Millions
Debt and Equity Securities, FV-NI [Line Items]
Deferred compensation plan assets
Deferred compensation liability
Carrying Value
Equity securities, upward price adjustment
Equity securities, downward price adjustment
Number of investments | trademark
Strategic Investments
Realized gain on investment
1 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2020trademark Oct. 30, 2020USD ($) Oct. 30, 2020USD ($) Jan. 31, 2020USD ($)
$ 277 $ 277 $ 241

277 277 241
936 936 852
112
31
1
553 553 $ 12
465 465
$ 543 $ 543
FAIR VALUE MEASUREMENTS AND INVESTMENTS - Carrying Value and Estimated Fair
Value of Outstanding Debt (Details) - USD ($) $ in Billions
Carrying Value | Senior Secured Credit Facilities | Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line
Items]
Outstanding debt
Carrying Value | First Lien Notes | Secured Debt
Items]
Outstanding debt
Carrying Value | Unsecured Notes and Debentures | Unsecured Debt
Items]
Outstanding debt
Carrying Value | Senior Notes | Unsecured Debt
Items]
Outstanding debt
Carrying Value | EMC Notes | Unsecured Debt
Items]
Outstanding debt
Carrying Value | VMware Notes and VMware Term Loan Facility | Unsecured Debt
Items]
Outstanding debt
Carrying Value | Margin Loan Facility | Other
Items]
Outstanding debt
Fair Value | Senior Secured Credit Facilities | Secured Debt
Items]
Outstanding debt
Fair Value | First Lien Notes | Secured Debt
Items]
Outstanding debt
Fair Value | Unsecured Notes and Debentures | Unsecured Debt
Items]
Outstanding debt
Fair Value | Senior Notes | Unsecured Debt
Items]
Outstanding debt
Fair Value | EMC Notes | Unsecured Debt
Items]
Outstanding debt
Fair Value | VMware Notes and VMware Term Loan Facility | Unsecured Debt
Items]
Outstanding debt
Fair Value | Margin Loan Facility | Other
Items]
Outstanding debt
Oct. 30, 2020 Jan. 31, 2020
$ 8.6 $ 8.8
18.3 20.5
1.2 1.2
2.6 2.6
1 1.6
4.7 5.5
4 4
8.6 9
22 23.9
1.5 1.5
2.8 2.8
1 1.6
5.3 5.6
$ 3.9 $ 3.9
FAIR VALUE MEASUREMENTS AND INVESTMENTS - Investments (Details) - USD ($) $ in
Millions
Carrying Value
Fixed income debt securities
Total securities
Long-Term Investments
Cost
Unrealized Gain
Unrealized (Loss)
Carrying Value
Cost
Unrealized Gain
Unrealized (Loss)
Carrying Value
Oct. 30, 2020 Jan. 31, 2020
$ 936 $ 852
1,655 864
944 783
579 116
(34) (35)
1,489 864
163 0
3 0
0 0
$ 166 $0
FINANCIAL SERVICES - Additional Information (Narrative) (Details) - USD ($) $ in
Billions
Accounts, Notes, Loans and Financing Receivable [Line Items]
New financing originations
Revolving
Repayment term (in years)
Fixed-term | Minimum | Commercial Borrower
Fixed-term | Minimum | Other Borrower
Fixed-term | Maximum | Commercial Borrower
Fixed-term | Maximum | Other Borrower
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 2.1 $2 $ 6.5 $ 5.7
12 months
2 years
3 years
4 years
5 years
FINANCIAL SERVICES - Schedule of Components of the Company's Financing Receivables
Segregated by Portfolio Segment (Details) - USD ($) $ in Millions
Customer receivables, gross
Financing receivables, net
Short-term
Long-term
Customer receivables
Allowances for losses
Residual interest
Revolving
Short-term
Long-term
Revolving | Customer receivables
Revolving | Residual interest
Fixed-term
Short-term
Long-term
Fixed-term | Customer receivables
Fixed-term | Residual interest
Oct. 30, 2020 Jul. 31, 2020 Jan. 31, 2020 Nov. 01, 2019 Aug. 02, 2019 Feb. 01, 2019
$ 10,081
10,246 $ 9,743
4,872 4,895
5,374 4,848
10,081 9,310
(307) $ (323) (149) $ (144) $ (138) $ (136)
9,774 9,161
472 582
9,310
626 754
626 754
0 0
768 824
(142) (143) (70) (66) (67) (75)
626 754
0 0
9,620 8,989
4,246 4,141
5,374 4,848
9,313 8,486
(165) $ (180) (79) $ (78) $ (71) $ (61)
9,148 8,407
$ 472 $ 582
FINANCIAL SERVICES - Schedule of Changes in the Allowance for Financing Receivable
Losses (Details) - Customer receivables - USD ($) $ in Millions
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balances at beginning of period
Charge-offs, net of recoveries
Provision charged to income statement
Balances at end of period
Revolving
Revolving | Adjustment for adoption of accounting standards
Fixed-term
Fixed-term | Adjustment for adoption of accounting standards
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 323 $ 138 $ 149 $ 136

(19) (24) (73) (71)
3 30 120 79
307 144 307 144
111 0
143 67 70 75
(13) (18) (51) (53)
12 17 83 44
142 66 142 66
40 0
180 71 79 61
(6) (6) (22) (18)
(9) 13 37 35
$ 165 $ 78 165 78
$ 71 $0
FINANCIAL SERVICES - Aging Customer Financing Receivables, Gross, Including Accrued
Interest (Details) - USD ($) $ in Millions
Financing Receivable, Past Due [Line Items]
Total customer receivables, gross
Customer receivables
Current
Revolving
Revolving | Customer receivables
Revolving | Revolving — DPA
Revolving | Revolving — DPA | Customer receivables
Current
Revolving | Revolving — DBC
Revolving | Revolving — DBC | Customer receivables
Current
Fixed-term | Customer receivables
Fixed-term | Fixed-term — Consumer and Commercial
Fixed-term | Fixed-term — Consumer and Commercial | Customer receivables
Current
Past Due 1 — 90 Days | Customer receivables
Past due
Past Due 1 — 90 Days | Revolving | Revolving — DPA | Customer receivables
Past due
Past Due 1 — 90 Days | Revolving | Revolving — DBC | Customer receivables
Past due
Past Due 1 — 90 Days | Fixed-term | Fixed-term — Consumer and Commercial | Customer
receivables
Past due
Past Due >90 Days | Customer receivables
Past due
Past Due >90 Days | Revolving | Revolving — DPA | Customer receivables
Past due
Past Due >90 Days | Revolving | Revolving — DBC | Customer receivables
Past due
Past Due >90 Days | Fixed-term | Fixed-term — Consumer and Commercial | Customer
receivables
Past due
Oct. 30, 2020 Jan. 31, 2020
$ 10,081
9,654 $ 8,739
10,081 9,310
9,310
768 824
621
548 550
592 621
203
159 184
176 203
9,313 8,486
8,486
8,947 8,005
9,313 8,486
347 439
34 51
14 15
299 373
80 132
10 20
3 4
$ 67 $ 108
FINANCIAL SERVICES - Credit Quality Indicators (Details) - USD ($) $ in Millions
Financing Receivable, Credit Quality Indicator [Line Items]
Fixed-term | Fixed-term — Consumer and Commercial
2021
2020
2019
2018
2017
Years Prior
Revolving
Revolving | Revolving — DPA
Financing receivable, revolving
Revolving | Revolving — DBC
Higher
Higher | Fixed-term | Fixed-term — Consumer and Commercial
2021
2020
2019
2018
2017
Years Prior
Higher | Revolving
Higher | Revolving | Revolving — DPA
Higher | Revolving | Revolving — DBC
Mid
Mid | Fixed-term | Fixed-term — Consumer and Commercial
2021
2020
2019
2018
2017
Years Prior
Mid | Revolving
Mid | Revolving | Revolving — DPA
Mid | Revolving | Revolving — DBC
Lower
Lower | Fixed-term | Fixed-term — Consumer and Commercial
2021
2020
2019
2018
2017
Years Prior
Lower | Revolving
Lower | Revolving | Revolving — DPA
Lower | Revolving | Revolving — DBC
Oct. 30, 2020 Jan. 31, 2020
$ 10,081
4,214
3,269
1,434
336
59
1
$ 8,486
9,310
592
621
176
203
5,761
2,591
1,961
780
191
32
0
5,042
5,234
158
137
48
55
2,321
900
736
351
92
13
0
2,036
2,274
177
175
52
63
1,999
723
572
303
53
14
1
1,408
1,802
257
309
$ 76
$ 85
3 Months Ended
FINANCIAL SERVICES - Leases Narrative (Details) - USD ($) $ in Millions
Oct. 30, 2020
Lessee, Lease, Description [Line Items]
Interest income on the sales-type lease receivables $ 69
Operating lease income 120
Assets Leased to Others
Operating lease depreciation expense $ 92
Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 66 $ 200 $ 196
63 310 94
$ 40 $ 228 $ 64
3 Months Ended
FINANCIAL SERVICES - Finance Leases (Details) - USD ($) $ in Millions
Oct. 30, 2020
Net revenue — products $ 184
Cost of net revenue — products 102
Gross margin — products $ 82
Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 251 $ 648 $ 604

215 435 475
$ 36 $ 213 $ 129
FINANCIAL SERVICES - Finance Leases Future Maturity (Details) $ in Millions
Sales-type and Direct Financing Leases, Lease Receivable, Fiscal Year Maturity
[Abstract]
Fiscal 2021 (remaining three months)
Fiscal 2022
Fiscal 2023
Fiscal 2024
Fiscal 2025 and beyond
Total undiscounted cash flows
Less: unearned income
Fixed-term loans
[Abstract]
Revolving loans
[Abstract]
Oct. 30, 2020USD ($)
$ 794
2,378
1,533
783
360
5,848
10,081
(660)
4,125
$ 768
FINANCIAL SERVICES - Operating Leases (Details) - USD ($) $ in Millions Oct. 30, 2020
Equipment under operating lease, net $ 6,344
Assets Leased to Others
Equipment under operating lease, gross 1,592
Less: accumulated depreciation (328)
Equipment under operating lease, net $ 1,264
Jan. 31, 2020
$ 6,055
956
(116)
$ 840
FINANCIAL SERVICES - Future Maturities (Details) $ in Millions Oct. 30, 2020USD ($)
Operating Leases
Fiscal 2021 (remaining three months) $ 142
Fiscal 2022 526
Fiscal 2023 404
Fiscal 2024 146
Fiscal 2025 and beyond 24
Total $ 1,242
FINANCIAL SERVICES - DFS Debt (Details) - USD ($) $ in Millions
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line
Items]
Total debt, carrying value
Short-term debt
Long-term debt
Secured Debt | U.S. | Finance Leases and Revolving Loan Portfolio Segments
Items]
Secured Debt | International | Finance Leases and Revolving Loan Portfolio Segments
Items]
Asset-based financing and securitization facilities | Secured Debt | U.S. | Finance Leases and
Revolving
QualitativeLoan
andPortfolio Segments
Quantitative Information, Transferor's Continuing Involvement [Line
Items]
Asset-based financing and securitization facilities | Secured Debt | International | Finance
Leases and Revolving
Qualitative Loan Portfolio
and Quantitative Segments
Information, Transferor's Continuing Involvement [Line
Items]
Fixed-term securitization offerings | Secured Debt | U.S. | Finance Leases and Revolving Loan
Portfolio Segments
Items]
Other | Secured Debt | U.S. | Finance Leases and Revolving Loan Portfolio Segments
Items]
Other | Secured Debt | International | Finance Leases and Revolving Loan Portfolio Segments
Items]
Note payable | Secured Debt | International | Finance Leases and Revolving Loan Portfolio
Segments
Items]
Dell Bank Senior Unsecured Eurobonds | Unsecured Debt | International | Finance Leases and
Revolving
QualitativeLoan
andPortfolio Segments
Quantitative Information, Transferor's Continuing Involvement [Line
Items]
DFS Debt | Secured Debt
Items]
Short-term debt
Long-term debt
Oct. 30, 2020 Jan. 31, 2020
$ 49,861 $ 52,056
6,536 7,737
43,325 44,319
6,133 5,340
3,068 2,425
2,574 2,606
860 743
3,465 2,593
94 141
791 931
250 200
1,167 551
7,765
4,884 4,152
$ 4,317 $ 3,613
FINANCIAL SERVICES - DFS Debt Narrative (Details)
Note payable
Debt Instrument [Line Items]
Aggregate principal amount
Note payable | TIIE | Mexico, Pesos
Basis spread on variable rate
Secured Debt
Secured Debt | Asset-based financing and securitization facilities | U.S. | Finance Leases and
Revolving Loan Portfolio
Debt Instrument Segments
[Line Items]
Total debt capacity
Secured Debt | Asset-based financing and securitization facilities | International | Fixed-term
Total debt capacity
Secured Debt | Fixed-term securitization offerings | Minimum
Interest rate
Secured Debt | Fixed-term securitization offerings | Maximum
Interest rate
Secured Debt | Other | Canada
Total debt capacity
Secured Debt | Other | Europe
Total debt capacity
Secured Debt | Other | Australia and New Zealand
Total debt capacity
Unsecured Debt
Unsecured Debt | Mexico
Number of credit agreements | agreement
Unsecured Debt | Note payable
Unsecured Debt | Dell Bank Bonds
Interest rate
Aggregate principal amount | €
Debt instrument, term
Jun. 24, 2020EUR (€) Oct. 17, 2019EUR (€) Oct. 30, 2020USD ($) Aug. 07, 2020agreement
$ 250,000,000
3.37%
$ 4,100,000,000
$ 934,000,000
0.31%
5.92%
$ 281,000,000
700,000,000
$ 246,000,000
1.625% 0.625%
€ 500,000,000 € 500,000,000
4 years 3 years
Jul. 31, 2020USD ($) Mar. 20, 2019USD ($) Jun. 22, 2016USD ($) Jun. 01, 2016USD ($)
$ 4,500,000,000 $ 20,000,000,000
$ 3,250,000,000
$ 187,000,000
FINANCIAL SERVICES - Schedule of Financing Receivables Held by the Consolidated VIEs
(Details) - USD ($) $ in Millions
Assets held by consolidated VIEs, net
Variable Interest Entity, Primary Beneficiary
Short-term, net | Variable Interest Entity, Primary Beneficiary
Long-term, net | Variable Interest Entity, Primary Beneficiary
Oct. 30, 2020 Jan. 31, 2020
$ 118,948 $ 118,861
7,500 6,664
3,430 3,316
$ 4,070 $ 3,348
FINANCIAL SERVICES - Variable Interest Entities Narrative (Details) - USD ($) $ in
Millions
Total debt, principal amount
Variable Interest Entity, Primary Beneficiary
Financing receivables transferred via securitization through SPEs
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019 Jan. 31, 2020
$ 50,411 $ 50,411 $ 52,665
1,600 $ 1,300 4,600 $ 4,100

$ 6,900 $ 6,900 $ 5,900
FINANCIAL SERVICES - Customer Receivables Sales Narrative (Details) - USD ($) $ in
Millions
Banking and Thrift, Interest [Abstract]
Financing receivables sold
9 Months Ended
Oct. 30, 2020 Nov. 01, 2019
$ 414 $ 406
LEASES - Narrative (Details) $ in Millions Oct. 30, 2020USD ($)
Operating lease not yet commenced $ 81
Minimum
Remaining lease term 1 month
Term of lease contract 1 year
Maximum
Remaining lease term 26 years
Term of lease contract 10 years
3 Months Ended
LEASES - Components of Lease Expense (Details) - USD ($) $ in Millions
Oct. 30, 2020
Operating lease expense:
Operating lease costs $ 129
Variable costs 37
Total lease costs $ 166
Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 134 $ 384 $ 377

41 113 120
$ 175 $ 497 $ 497
LEASES - Supplemental Information Related to Operating Leases (Details) - USD ($) $ in
Millions
Leases [Abstract]
Operating lease right of use (“ROU”) assets
Operating lease right of use (“ROU”) assets extensible list
Current operating lease liabilities
Current operating lease liabilities extensible list
Non-current operating lease liabilities
Non-current operating lease liabilities extensible list
Total operating lease liabilities
Weighted-average remaining lease term (in years)
Weighted-average discount rate
Oct. 30, 2020 Jan. 31, 2020
$ 2,179 $ 1,780
us-gaap:OtherAssets
$ 424 432
us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent
$ 1,829 1,360
us-gaap:OtherLiabilitiesNoncurrent
$ 2,253 $ 1,792
8 years 10 months 6 days 8 years 6 months 25 days
3.56% 3.81%
LEASES - Supplemental Cash Flow Information (Details) - USD ($) $ in Millions
Leases [Abstract]
Cash paid for amounts included in the measurement of lease liabilities — operating cash
outflows fromAsset
Right-of-Use operating leases
Obtained in Exchange for Operating Lease Liability
9 Months Ended
Oct. 30, 2020 Nov. 01, 2019
$ 384 $ 367
$ 763 $ 495
LEASES - Maturity of Operating Leases (Details) - USD ($) $ in Millions Oct. 30, 2020
Fiscal Years
Fiscal 2021 (remaining three months) $ 110
Fiscal 2022 476
Fiscal 2023 429
Fiscal 2024 317
Fiscal 2025 237
Thereafter 1,131
Total lease payments 2,700
Less: Imputed interest (447)
Total operating lease liabilities 2,253
Current operating lease liabilities 424
Non-current operating lease liabilities $ 1,829
Jan. 31, 2020
$ 1,792
432
$ 1,360
DEBT - Outstanding Debt (Details) - USD ($) $ in Millions Oct. 30, 2020
Total debt, principal amount $ 50,411
Unamortized discount, net of unamortized premium (217)
Debt issuance costs (333)
Total debt, carrying value 49,861
Total short-term debt, carrying value 6,536
Total long-term debt, carrying value 43,325
DFS Debt
Total debt, principal amount 9,201
2.46% Margin Loan Facility due April 2022
Secured Debt | 2.75% Term Loan B-1 Facility due September 2025
Interest rate at period end 2.75%
Secured Debt | 1.90% Term Loan A-4 Facility due December 2023
Total debt, principal amount $ 679
Secured Debt | 1.90% Term Loan A-6 Facility due March 2024
Secured Debt | 4.42% due June 2021
Total debt, principal amount $0
Interest rate 4.42%
Interest rate 5.45%
Secured Debt | 4.00% due July 2024
Interest rate 4.00%
Interest rate 5.85%
Interest rate 6.02%
Secured Debt | 4.90% due October 2026
Interest rate 4.90%
Interest rate 6.10%
Secured Debt | 5.30% due October 2029
Interest rate 5.30%
Interest rate 6.20%
Interest rate 8.10%
Interest rate 8.35%
Secured Debt | DFS Debt
Total short-term debt, carrying value 4,884
Total long-term debt, carrying value 4,317
Unsecured Debt | 4.625% due April 2021
Interest rate 4.625%
Interest rate 7.10%
Interest rate 6.50%
Unsecured Debt | 5.40% due September 2040
Interest rate 5.40%
Unsecured Debt | 5.875% due June 2021
Interest rate 2.65%
Unsecured Debt | 2.30% due August 2020
Interest rate 2.30%
Interest rate 2.95%
Unsecured Debt | 4.50% due May 2025
Interest rate 4.50%
Interest rate 4.65%
Interest rate 3.90%
Interest rate 4.70%
Unsecured Debt | VMware Term Loan Facility
Other
Total debt, principal amount 222
Other | 2.46% Margin Loan Facility due April 2022
Jan. 31, 2020 Sep. 07, 2016
$ 52,665
(241)
(368)
52,056
7,737
44,319
4,738
679
3,497
4,500
3,750
1,000
0
4,500
1,750
1,750
1,500
2,000
7,765
7,765
4,152
3,613
400
300
388
264
1,075
1,625
600 $ 2,000
1,000 $ 1,000
1,250
1,500
1,250
0
1,500
84
$ 4,000
9 Months Ended
DEBT - Additional Information (Details) - USD ($)
Oct. 30, 2020 Nov. 01, 2019
Repayments of debt $ 17,244,000,000 $ 18,948,000,000
Proceeds from debt 14,772,000,000 $ 17,656,000,000
VMware Term Loan Facility | Revolving Credit Facility
Repayments of debt 1,500,000,000
Secured Debt
Retirement of debt 4,500,000,000
Repayments of debt $ 4,265,000,000
Interest rate 4.42%
Open market repurchase $ 235,000,000
Secured Debt | Notes Due April 9, 2020
Secured Debt | DFS Debt
Proceeds from debt 1,400,000,000
Unsecured Debt
Repayments of debt $ 600,000,000
Interest rate 2.65%
Aggregate principal amount $ 229,000,000
Repayments of debt $ 1,250,000,000
Interest rate 2.30%
Unsecured Debt | VMware Notes
Apr. 09, 2020 Apr. 07, 2020 Mar. 20, 2019 Jun. 22, 2016 Jun. 01, 2016
$ 4,500,000,000 $ 20,000,000,000
$ 2,250,000,000
$ 3,250,000,000
$ 2,000,000,000
DEBT - Secured Debt Narrative (Details)
Secured Debt
Debt, maximum period for registration
VMware Revolving Credit Facility | Revolving Credit Facility
Maximum borrowing capacity
Senior Secured Credit Facilities | Letter of Credit
Senior Secured Credit Facilities | Other
Term Loan B-1 Facility | Secured Debt | LIBOR
Term Loan B-1 Facility | Secured Debt | Base Rate
Term Loan B-1 Facility | Line of Credit
Annual principal amortization
Term Loan A-4 Facility And Term Loan A-6 Facility | Secured Debt | LIBOR | Minimum
Term Loan A-4 Facility And Term Loan A-6 Facility | Secured Debt | LIBOR | Maximum
Term Loan A-4 Facility And Term Loan A-6 Facility | Secured Debt | Base Rate | Minimum
Term Loan A-4 Facility And Term Loan A-6 Facility | Secured Debt | Base Rate | Maximum
1.90% Term Loan A-4 Facility due December 2023 | Line of Credit | First Four Years After
December 20, 2018
1.90% Term Loan A-4 Facility due December 2023 | Line of Credit | Fifth Year After December
20,
Debt2018
Instrument [Line Items]
Term Loan A-6 Facility | Other
Term Loan A-6 Facility | Line of Credit | First Four Years After March 13, 2019
Term Loan A-6 Facility | Line of Credit | Fifth Year After March 13, 2019
3.33% Revolving Credit Facility due September 2021 | Secured Debt
Debt instrument, collateral, percent of capital stock of borrowers
Notes Due April 9, 2020 | Secured Debt
China Revolving Credit Facility | Revolving Credit Facility
China Revolving Credit Facility | Revolving Credit Facility | LIBOR
China Revolving Credit Facility | Revolving Credit Facility | Collateralized debt
Maximum borrowing capacity | ¥
China Revolving Credit Facility | Revolving Credit Facility | Collateralized debt | LIBOR
China Revolving Credit Facility | Revolving Credit Facility | Collateralized debt | LPR
China Revolving Credit Facility | Revolving Credit Facility | Non-collateralized debt
Maximum borrowing capacity | ¥
China Revolving Credit Facility | Revolving Credit Facility | Non-collateralized debt | LIBOR
China Revolving Credit Facility | Revolving Credit Facility | Non-collateralized debt | LPR
May 25, 2020CNY (¥) Jun. 01, 2016USD ($) May 01, 2020 Oct. 30, 2020USD ($)
$ 20,000,000,000
5 years
$ 4,500,000,000
500,000,000
$ 400,000,000
2.00%
1.00%
1.00%
1.25%
2.00%
0.25%
1.00%
5.00%
80.00%
5.00%
80.00%
100.00%
0.60%
¥ 1,000,000,000
1.00%
0.20%
¥ 1,800,000,000
1.40%
0.20%
Apr. 09, 2020USD ($) Jan. 31, 2020USD ($) Mar. 20, 2019USD ($) Sep. 12, 2017USD ($)
$ 4,500,000,000
$ 1,000,000,000
$ 4,000,000,000
$ 2,250,000,000
$ 500,000,000
DEBT - Unsecured Debt Narrative (Details)
VMware Notes and VMware Term Loan Facility
Revolving Credit Facility | VMware Revolving Credit Facility
Debt instrument, term
Number of extension periods | option_period
Conditional extension period
Revolving Credit Facility | VMware Term Loan Facility
Unsecured Debt
Interest rate
Interest rate
Interest rate
Unsecured Debt | VMware Notes and VMware Term Loan Facility
Unsecured Debt | VMware Term Loan Facility
Senior Notes
Sep. 12, 2017USD ($)option_period Oct. 30, 2020USD ($) Apr. 07, 2020USD ($)
$ 50,411,000,000
4,750,000,000
0
$ 1,000,000,000 4,500,000,000
5 years
2
1 year
229,000,000
$0
2.65%
$ 1,000,000,000
3.375%
$ 2,000,000,000
$0
Jan. 31, 2020USD ($) Sep. 26, 2019USD ($) Aug. 21, 2017USD ($) Sep. 07, 2016USD ($)
$ 52,665,000,000
$ 2,000,000,000
$ 2,500,000,000
1.875%
600,000,000 $ 2,000,000,000
1,000,000,000 $ 1,000,000,000
$ 1,500,000,000
$ 4,000,000,000
Jun. 22, 2016USD ($)
$ 3,250,000,000
DEBT - Other Narrative (Details) - Other - USD ($) shares in Millions Apr. 12, 2017
2.46% Margin Loan Facility due April 2022
Maximum borrowing capacity $ 2,000,000,000
2.46% Margin Loan Facility due April 2022 | Base Rate
Basis spread on variable rate 1.25%
2.46% Margin Loan Facility due April 2022 | LIBOR
Basis spread on variable rate 2.25%
Term Loan A-6 Facility
Class B | 2.46% Margin Loan Facility due April 2022
Debt instrument, collateral (in shares)
Class A | 2.46% Margin Loan Facility due April 2022
Debt instrument, collateral (in shares)
May 01, 2020 Jan. 31, 2020 Dec. 20, 2018
$ 3,350,000,000
$ 4,000,000,000
76
24
DEBT - Aggregate Future Maturities (Details) - USD ($) $ in Millions Oct. 30, 2020
Total maturities, principal amount
2021 (remaining three months) $ 2,015
2022 5,140
2023 8,452
2024 8,896
2025 3,372
Thereafter 22,536
Associated carrying value adjustments
2021 (remaining three months) (1)
2022 (10)
2023 (14)
2024 (38)
2025 (83)
Thereafter (404)
Total (550)
Total maturities, carrying value amount
2021 (remaining three months) 2,014
2022 5,130
2023 8,438
2024 8,858
2025 3,289
Thereafter 22,132
Total debt, carrying value 49,861
Senior Secured Credit Facilities and First Lien Notes
2021 (remaining three months) 0
2022 172
2023 286
2024 7,384
2025 1,047
Thereafter 18,297
Unsecured Notes and Debentures
2022 400
2023 0
2024 0
2025 0
Thereafter 952
Senior Notes and EMC Notes
2022 1,075
2023 0
2024 1,000
2025 1,625
Thereafter 0
VMware Notes
2022 0
2023 1,500
2024 0
2025 0
Thereafter 3,250
DFS Debt
2021 (remaining three months) 2,012
2022 3,481
2023 2,654
2024 356
2025 692
Thereafter 6
Margin Loan Facility
2022 0
2023 4,000
2024 0
2025 0
Thereafter 0
Other
2022 12
2023 12
2024 156
2025 8
Thereafter 31
Jan. 31, 2020
$ 52,665
$ 52,056
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Additional Information
(Narrative) (Details)
Foreign Exchange Forward and Option | Designated as cash flow hedging instruments
Derivative [Line Items]
Term of derivative contract
Foreign Exchange Forward | Not Designated as Hedging Instrument
Foreign Exchange Forward | Not Designated as Hedging Instrument | Financing receivables
Interest Rate Swap | Not Designated as Hedging Instrument
Interest Rate Swap | Not Designated as Hedging Instrument | Structured financing debt
Cross Currency Interest Rate Contract | Not Designated as Hedging Instrument
9 Months Ended
Oct. 30, 2020
12 months
3 months
3 years
5 years
3 years
5 years
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Notional Amounts of
Outstanding Derivative Instruments (Details) - USD ($) $ in Millions
Foreign exchange contracts
Notional amount
Foreign exchange contracts | Designated as cash flow hedging instruments
Notional amount
Foreign exchange contracts | Non-designated as hedging instruments
Notional amount
Interest rate contracts | Non-designated as hedging instruments
Notional amount
Oct. 30, 2020 Jan. 31, 2020
$ 15,244 $ 16,414
6,436 8,703
8,808 7,711
$ 5,164 $ 4,043
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Effect of Derivative
Instruments on the Condensed Consolidated Statements of Financial Position and the
Condensed Consolidated Statements of Income (Loss) (Details) - USD ($) $ in Millions
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Accumulated OCI, Net of Tax, on Derivatives
Gain (Loss) Reclassified from Accumulated OCI into Income
Gain (Loss) Recognized in Income
Foreign exchange contracts
Foreign exchange contracts | Total net revenue
Foreign exchange contracts | Total cost of net revenue
Foreign exchange contracts | Interest and other, net
Interest rate contracts
Interest rate contracts | Interest and other, net
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 45 $ (47) $ (45) $ 210

(84) 71 24 197
(126) 14 44 (67)
45 (47) (45) 210
(88) 71 17 197
4 0 7 0
(127) 13 87 (46)
0 0 0 0
0 0 0 0
$1 $1 $ (43) $ (21)
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Fair Value of Derivative
Instruments in the Condensed Consolidated Statements of Financial Position (Details) -
Derivatives, Fair Value [Line Items]USD ($) $ in Millions
Asset position
Liability position
Gross Amounts of Recognized Assets/ (Liabilities)
Other Current Assets
Derivatives, Fair Value [Line Items]
Other Non- Current Assets
Other Current Liabilities
Other Non-Current Liabilities
Designated as cash flow hedging instruments
Designated as cash flow hedging instruments | Other Current Assets
Designated as cash flow hedging instruments | Other Non- Current Assets
Designated as cash flow hedging instruments | Other Current Liabilities
Designated as cash flow hedging instruments | Other Non-Current Liabilities
Designated as cash flow hedging instruments | Foreign exchange contracts
Asset position
Liability position
Designated as cash flow hedging instruments | Foreign exchange contracts | Other Current
Assets
Asset position
Liability position
Designated as cash flow hedging instruments | Foreign exchange contracts | Other Non-
Current Assets
Asset position
Liability position
Designated as cash flow hedging instruments | Foreign exchange contracts | Other Current
Liabilities
Asset position
Liability position
Designated as cash flow hedging instruments | Foreign exchange contracts | Other Non-
Current Liabilities
Asset position
Liability position
Non-designated as hedging instruments
Non-designated as hedging instruments | Other Current Assets
Non-designated as hedging instruments | Other Non- Current Assets
Non-designated as hedging instruments | Other Current Liabilities
Non-designated as hedging instruments | Other Non-Current Liabilities
Non-designated as hedging instruments | Foreign exchange contracts
Asset position
Liability position
Non-designated as hedging instruments | Foreign exchange contracts | Other Current Assets
Asset position
Liability position
Non-designated as hedging instruments | Foreign exchange contracts | Other Non- Current
Assets
Asset position
Liability position
Non-designated as hedging instruments | Foreign exchange contracts | Other Current
Liabilities
Asset position
Liability position
Non-designated as hedging instruments | Foreign exchange contracts | Other Non-Current
Liabilities
Asset position
Liability position
Non-designated as hedging instruments | Interest rate contracts
Asset position
Liability position
Non-designated as hedging instruments | Interest rate contracts | Other Current Assets
Asset position
Liability position
Non-designated as hedging instruments | Interest rate contracts | Other Non- Current Assets
Asset position
Liability position
Non-designated as hedging instruments | Interest rate contracts | Other Current Liabilities
Asset position
Liability position
Non-designated as hedging instruments | Interest rate contracts | Other Non-Current
Liabilities
Asset position
Liability position
Oct. 30, 2020 Jan. 31, 2020
$ 209 $ 299
(338) (286)
(129) 13
40 80
12 1
(149) (30)
(32) (38)
68 118
22 106
0 0
46 12
0 0
81 123
(13) (5)
22 108
0 (2)
0 0
0 0
59 15
(13) (3)
0 0
0 0
(197) (105)
18 (26)
12 1
(195) (42)
(32) (38)
117 175
(295) (249)
37 136
(19) (162)
1 0
0 0
79 39
(274) (81)
0 0
(2) (6)
11 1
(30) (32)
0 0
0 0
11 1
0 0
0 0
0 0
0 0
$ (30) $ (32)
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Gross amounts of derivative
instruments, amounts offset due to master netting agreements (Details) - USD ($) $ in
Financial assets Millions
Gross Amounts Offset in the Statement of Financial Position
Net Amounts of Assets/ (Liabilities) Presented in the Statement of Financial Position
Financial Instruments
Cash Collateral Received or Pledged
Net Amount
Financial liabilities
Net Amount
Total derivative instruments
Net Amount
Oct. 30, 2020 Jan. 31, 2020
$ 209 $ 299
(157) (218)
52 81
0 0
0 0
52 81
(338) (286)
157 218
(181) (68)
0 0
(4) 15
(185) (53)
(129) 13
0 0
(129) 13
0 0
(4) 15
$ (133) $ 28
BUSINESS COMBINATIONS, GOODWILL AND INTANGIBLE ASSETS - VMware Acquisitions
(Details)
Business Acquisition [Line Items]
Payments to acquire businesses, net
Goodwill
VMware
Goodwill
VMware | SaltStack
Intangible assets
Goodwill
Goodwill, expected tax deductible amount
Weighted-average useful lives
VMware | Datrium
Intangible assets
Goodwill
VMware | Datrium | Technology | Minimum
VMware | Datrium | Technology | Maximum
VMware | Lastline, Inc.
Intangible assets
Goodwill
VMware | Lastline, Inc. | Technology | Minimum
VMware | Lastline, Inc. | Technology | Maximum
VMware | Nyansa, Inc
Intangible assets
Goodwill
VMware | Nyansa, Inc | Technology | Minimum
VMware | Nyansa, Inc | Technology | Maximum
VMware | Fiscal 2021 Acquisitions
Intangible assets
Goodwill
Number of completed acquisitions | acquisition
VMware | Fiscal 2021 Acquisitions | Technology | Minimum
VMware | Fiscal 2021 Acquisitions | Technology | Maximum
3 Months Ended
Oct. 30, 2020USD ($) Jul. 31, 2020USD ($) May 01, 2020USD ($)
$ 40,643,000,000
20,762,000,000
51,000,000
29,000,000
24,000,000
$0
3 years
$ 137,000,000
25,000,000
91,000,000
$0
3 years
5 years
$ 114,000,000
29,000,000
86,000,000
$0
1 year
4 years
$ 14,000,000
38,000,000
24,000,000
$0
1 year
4 years
$ 35,000,000
16,000,000
$ 24,000,000
9 Months Ended
Oct. 30, 2020USD ($)acquisition Nov. 01, 2019USD ($) Jan. 31, 2020USD ($)
$ (2,187,000,000) $ 3,000,000
40,643,000,000 $ 41,691,000,000
20,762,000,000 $ 20,532,000,000
29,000,000
24,000,000
0
44,000,000
35,000,000
16,000,000
$ 24,000,000
3
1 year
5 years
BUSINESS COMBINATIONS, GOODWILL AND INTANGIBLE ASSETS - Goodwill (Details) $
in Millions
Goodwill [Roll Forward]
Goodwill
Goodwill acquired
Impact of foreign currency translation
Goodwill divested
Goodwill
Infrastructure Solutions Group
Goodwill
Goodwill acquired
Goodwill divested
Goodwill
Client Solutions Group
Goodwill
Goodwill acquired
Goodwill divested
Goodwill
VMware
Goodwill
Goodwill acquired
Goodwill divested
Goodwill
Other Businesses
Goodwill
Goodwill acquired
Goodwill divested
Goodwill
9 Months Ended
Oct. 30, 2020USD ($)
$ 41,691
238
99
(1,385)
40,643
15,089
0
90
0
15,179
4,237
0
0
0
4,237
20,532
230
0
0
20,762
1,833
8
9
(1,385)
$ 465
BUSINESS COMBINATIONS, GOODWILL AND INTANGIBLE ASSETS - Goodwill Impairment
Tests (Details) - USD ($)
Impairment charges related to intangible assets acquired
Other Businesses | Virtustream
Impairments
Goodwill impairment
Impairment of property plant and equipment
Oct. 30, 2020 Oct. 30, 2020 Nov. 01, 2019 Jan. 31, 2020 Feb. 01, 2019
$0 $ 0 $ 266,000,000
$ 619,000,000 $ 619,000,000 $ 190,000,000

207,000,000
$ 146,000,000
BUSINESS COMBINATIONS, GOODWILL AND INTANGIBLE ASSETS - Intangible Assets
(Details) - USD ($)
Gross
Accumulated Amortization
Total
Total intangible assets
Intangible assets, net
Amortization expense
Impairment charges related to intangible assets acquired
Gain on sale of assets
Customer relationships
Gross
Total
Developed technology
Gross
Total
Trade names
Gross
Total
Trade names
Indefinite-lived trade names
Oct. 30, 2020 May 01, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 39,149,000,000 $ 39,149,000,000
(27,647,000,000) (27,647,000,000)
11,502,000,000 11,502,000,000
42,904,000,000 42,904,000,000
15,257,000,000 15,257,000,000
800,000,000 $ 1,100,000,000 2,500,000,000 $ 3,300,000,000
0 0 $ 266,000,000
$ 120,000,000
22,399,000,000 22,399,000,000
(15,004,000,000) (15,004,000,000)
7,395,000,000 7,395,000,000
15,484,000,000 15,484,000,000
(11,758,000,000) (11,758,000,000)
3,726,000,000 3,726,000,000
1,266,000,000 1,266,000,000
(885,000,000) (885,000,000)
381,000,000 381,000,000
$ 3,755,000,000 $ 3,755,000,000
Jan. 31, 2020
$ 39,963,000,000
(25,611,000,000)
14,352,000,000
43,718,000,000
18,107,000,000
22,950,000,000
(13,821,000,000)
9,129,000,000
15,707,000,000
(10,974,000,000)
4,733,000,000
1,306,000,000
(816,000,000)
490,000,000
$ 3,755,000,000
BUSINESS COMBINATIONS, GOODWILL AND INTANGIBLE ASSETS - Amortization
Expense (Details) - USD ($) $ in Millions
2021 (remaining three months)
2022
2023
2024
2025
Thereafter
Total
Oct. 30, 2020 Jan. 31, 2020
$ 846
2,698
1,820
1,451
1,101
3,586
$ 11,502 $ 14,352
DEFERRED REVENUE - Changes in Deferred Revenue (Details) - USD ($) $ in Millions
Deferred revenue:
Deferred revenue at beginning of period
Revenue deferrals
Revenue recognized
Other
Deferred revenue at end of period
Short-term deferred revenue
Long-term deferred revenue
$ 28,791 $ 25,348 $ 27,800 $ 24,010

5,432 5,326 17,560 16,201
(5,542) (4,922) (16,418) (14,459)
0 151 (261) 151
28,681 25,903 28,681 25,903
15,259 13,787 15,259 13,787 $ 14,881
$ 13,422 $ 12,116 $ 13,422 $ 12,116 $ 12,919
DEFERRED REVENUE - Remaining Performance Obligation, Expected Timing (Details) $
in Billions
Remaining performance obligation, amount
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date
[Axis]:
Revenue,2020-10-31
Remaining Performance Obligation, Expected Timing of Satisfaction [Line
Items]
Remaining performance obligation, percentage
Deferred revenue recognition period
Oct. 30, 2020USD ($)
$ 38
63.00%
12 months
COMMITMENTS AND CONTINGENCIES (Details) $ in Millions Mar. 23, 2020patent
Class V Transaction Class Action Case
Loss Contingencies [Line Items]
Number of stockholders | plaintiff
Cirba Inc Versus VMware, Inc
Patents allegedly infringed | patent 1
Trademarks allegedly infringed | trademark
Amount awarded to other party | $
VMware Inc Versus Cirba Inc
Patents allegedly infringed | patent
Class Actions VMware, Inc.’s Acquisition Of Pivotal Software
Number of stockholders | plaintiff
Dec. 30, 2019plaintiff Oct. 22, 2019patent Aug. 20, 2019patent May 06, 2019patent
4 1
2
Apr. 25, 2019trademarkpatent Oct. 30, 2020USD ($)plaintiff
2
3
$ 237
INCOME AND OTHER TAXES - Narrative (Details) - USD ($) $ in Millions Sep. 01, 2020
Income Tax Contingency [Line Items]
Effective income tax rate
Pre-tax gains (losses)
Discrete tax benefit from audit settlement
Discrete tax benefit from intra-entity asset transfer
Payment for tax settlement
Unrecognized tax benefits
Held-for-sale | RSA Security
Income Tax Contingency [Line Items]
Tax expense from sale $ 359
Aug. 03, 2020 Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019 Jan. 31, 2020
37.20% (247.20%) (6.10%) 5482.10%

$ 1,402 $ 159 $ 2,038 $ (95)
$ 305 746 305
59 $ 4,900
$ 435
$ 1,400 $ 1,400 $ 2,500
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Changes in Accumulated
Other Comprehensive Loss, Net of Tax (Details) - USD ($) $ in Millions
AOCI [Roll Forward]
Balance, beginning of period
Other comprehensive income (loss) before reclassifications
Amounts reclassified from accumulated other comprehensive income (loss)
Total change for the period
Less: Change in comprehensive income (loss) attributable to non-controlling interests
Balance, end of period
Accumulated Other Comprehensive Income (Loss)
AOCI [Roll Forward]
Foreign Currency Translation Adjustments
AOCI [Roll Forward]
Cash Flow Hedges
AOCI [Roll Forward]
Pension and Other Postretirement Plans
AOCI [Roll Forward]
Foreign Currency Translation Adjustments Including Portion Attributable to Noncontrolling
Interest
AOCI [Roll Forward]
Cash Flow Hedges Including Portion Attributable to Noncontrolling Interests
AOCI [Roll Forward]
Pensions
AOCI [Roll Forward]
Foreign Currency Translation Adjustments Portion Attributable to Noncontrolling Interest
AOCI [Roll Forward]
Cash Flow Hedges Attributable to Noncontrolling Interests
AOCI [Roll Forward]
Pension and Other Postretirement Plans Portion Attributable to Noncontrolling Interest
AOCI [Roll Forward]
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 4,558 $ 3,095 $ 3,155 $ (942)

177
(21)
108 (68) 156 (165)
1 (1) 0 0
5,939 3,877 5,939 3,877
(660) (565) (709) (467)

156
(553) $ (632) (553) $ (632)
(678)
(435) (435)
14
(55) (55)
(45)
$ (63) (63)
243
0
243
(45)
(24)
(69)
(21)
3
(18)
0
$0
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Reclassifications Out of
Accumulated Other Comprehensive Income (Loss), Net of Tax, to Net Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net revenue
Cost of net revenue
Operating expenses
Total reclassifications, net of tax
Net revenue
Cost of net revenue
Operating expenses
Total reclassifications, net of tax | Cash Flow Hedges
Net revenue
Cost of net revenue
Operating expenses
Total reclassifications, net of tax | Pensions
Net revenue
Cost of net revenue
Operating expenses
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 23,482 $ 22,844 $ 68,112 $ 68,122

(16,221) (15,718) (46,842) (46,873)
6,132 6,290 18,303 19,344
881 552 2,162 5,113
(88) 71 17 197
4 0 7 0
1 0 (3) 0
(83) 71 21 197
(88) 71 17 197
4 0 7 0
0 0 0 0
(84) 71 24 197
0 0 0 0
0 0 0 0
1 0 (3) 0
$1 $0 $ (3) $0
NON-CONTROLLING INTERESTS - Additional Information (Narrative) (Details) - USD ($)
Noncontrolling Interest [Line Items]
VMware, Inc.
Outstanding equity interest held
VMware, Inc. | Non-controlling interests
Pivotal | Non-controlling interests
SecureWorks
Outstanding equity interest held
Outstanding equity interest, including RSAs
SecureWorks | Non-controlling interests
Oct. 30, 2020 Jul. 31, 2020 Jan. 31, 2020 Nov. 01, 2019 Aug. 02, 2019
$ 5,939,000,000 $ 4,558,000,000 $ 3,155,000,000 $ 3,877,000,000 $ 3,095,000,000
$ 5,056,000,000 $ 4,977,000,000 $ 4,729,000,000 $ 5,681,000,000 $ 5,544,000,000
80.40% 80.90%
$ 5,000,000,000 $ 4,600,000,000
$0 $0
85.90% 86.80%
85.10% 86.20%
$ 94,000,000 $ 88,000,000
Feb. 01, 2019
$ (942,000,000)
$ 4,823,000,000
NON-CONTROLLING INTERESTS - Effect of Changes in Ownership Interests of Less than
Wholly Owned Subsidiaries (Details) - USD ($) $ in Millions
Net income attributable to Dell Technologies Inc.
Transfers (to)/from the non-controlling interests:
Increase in Dell Technologies Inc. additional paid-in-capital for equity issuances and other
equity activity
Decrease in Dell Technologies Inc. additional paid-in-capital for equity issuances and other
equity activity
Net transfers to non-controlling interests
Change from net income attributable to Dell Technologies Inc. and transfers to the non-
controlling interests
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 832 $ 499 $ 2,023 $ 4,208
774
(704)
70
$ 2,093
CAPITALIZATION - Schedule of Stock by Class (Details) - shares Oct. 30, 2020
Class of Stock [Line Items]
Authorized (in shares) 9,143,000,000
Issued (in shares) 757,000,000
Outstanding shares (in shares) 749,000,000
Class A
Authorized (in shares) 600,000,000
Class B
Class C
Authorized (in shares) 7,900,000,000
Class D
Issued (in shares) 0
Outstanding shares (in shares) 0
Class V
Issued (in shares) 0
Outstanding shares (in shares) 0
Jan. 31, 2020
9,143,000,000
745,000,000
743,000,000
600,000,000
385,000,000
385,000,000
200,000,000
102,000,000
102,000,000
7,900,000,000
258,000,000
256,000,000
100,000,000
0
0
343,000,000
0
0
CAPITALIZATION - Preferred Stock Narrative (Details) - $ / shares Oct. 30, 2020
Equity [Abstract]
Preferred stock, authorized (in shares) 1,000,000
Preferred stock, par value (in dollars per share) $ 0.01
Preferred stock, shares issued (in shares) 0
Preferred stock, shares outstanding (in shares) 0
Jan. 31, 2020
0
0
CAPITALIZATION - Common Stock Narrative (Details)
Common stock, par value (in dollars per share) | $ / shares
Class A
Number of voting interests per share
Class B
Class C
Conversion of Stock, Shares Issued | shares
Class D
9 Months Ended
Oct. 30, 2020votes$ / sharesshares Jan. 31, 2020$ / shares
$ 0.01 $ 0.01
10
10
1
72,727
1
CAPITALIZATION - Repurchases of Common Stock Narrative (Details) - USD ($) shares
in Millions
Stock repurchases, remaining authorized amount
Aggregate purchase price
Class C
Stock repurchases, authorized amount
Stock repurchase program, term
Stock repurchases, remaining authorized amount
Shares repurchased (in shares)
Class A
Shares repurchased (in shares)
Shares withheld for tax withholding obligation
Class A | Accumulated Deficit
Class A | January 2017 and August 2017 Authorizations
Feb. 24, 2020 Oct. 30, 2020 Nov. 01, 2019 Jul. 15, 2020 May 29, 2019
$ 1,400,000,000
240,000,000 $ 2,000,000
$ 1,000,000,000
24 months
$ 760,000,000
6
$ 240,000,000
$ 1,000,000,000
4.2 7.3
$ 566,000,000 $ 1,300,000,000
$ 315,000,000 442,000,000
$ 200,000,000
$ 1,500,000,000
EARNINGS PER SHARE - Schedule of Earnings (Loss) Per Share (Details) - USD ($) $ /
shares in Units, shares in Millions, $ in Millions
Earnings (loss) per share - basic (in dollars per share)
Earnings (loss) per share - diluted (in dollars per share)
Numerator: Continuing operations
Net income attributable to Dell Technologies — basic
Incremental dilution from VMware
Net income (loss) - diluted
Denominator: weighted-average shares outstanding
Weighted-average shares outstanding - basic (in shares)
Dilutive effect of options, restricted stock units, restricted stock, and other (in shares)
Weighted-average shares outstanding - diluted (in shares)
Weighted-average shares outstanding - antidilutive (in shares)
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 1.11 $ 0.69 $ 2.73 $ 5.84

$ 1.08 $ 0.66 $ 2.64 $ 5.50
$ 832 $ 499 $ 2,023 $ 4,208

(3) (6) (8) (81)
$ 829 $ 493 $ 2,015 $ 4,127
747 725 742 720

24 25 22 30
771 750 764 750
0 0 1 0
9 Months Ended
REDEEMABLE SHARES (Details) - USD ($) shares in Millions, $ in Millions
Oct. 30, 2020
Temporary Equity [Line Items]
Holding period 6 months
Expiration period 2 years
Redeemable shares classified as temporary equity $ 527
RSUs
Redeemable shares outstanding (in shares) 0
Redeemable shares issued (in shares) 0
RSAs
Employee Stock Option
Common Stock
Jan. 31, 2020
$ 629
1
1
0
0
15
15
2
2
9 Months Ended
SEGMENT INFORMATION - Additional Information (Narrative) (Details)
Oct. 30, 2020segments
Number of reportable segments 3
SEGMENT INFORMATION - Reconciliation of net revenue by reportable segments to
consolidated net revenue (Details) - USD ($) $ in Millions
Segment Reporting Information [Line Items]
Total net revenue
Consolidated operating income (loss)
Amortization of intangibles
Other businesses | Virtustream
Impairments
Operating segments
Total net revenue
Operating segments | Infrastructure Solutions Group
Total net revenue
Operating segments | Client Solutions Group
Total net revenue
Operating segments | VMware
Total net revenue
Operating segments | Other businesses
Total net revenue
Unallocated transactions
Total net revenue
Other corporate expenses
Reconciling items
Total net revenue
Impact of purchase accounting
Amortization of intangibles
Transaction-related expenses
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019 Jan. 31, 2020 Feb. 01, 2019
$ 23,482 $ 22,844 $ 68,112 $ 68,122

1,129 836 2,967 1,905
(800) (1,100) (2,500) (3,300)
619 $ 619 $ 190
23,203 22,471 66,949 67,060

2,721 2,444 7,400 7,458
8,024 8,390 23,800 25,213

882 996 2,587 2,889
12,286 11,410 34,593 34,068

1,002 739 2,309 2,514
2,893 2,671 8,556 7,779

837 709 2,504 2,055
314 456 1,288 1,311

3 0 105 (48)
4 1 4 1
1 (2) (1) (29)
(214) (55) (395) (792)
(39) (84) (129) (250)

(49) (96) (165) (299)
(845) (1,057) (2,547) (3,334)
(52) (76) (211) (165)
$ (436) $ (322) $ (1,219) $ (886)
SEGMENT INFORMATION - Net revenue and property, plant and equipment (Details) -
USD ($) $ in Millions
Disaggregation of Revenue [Line Items]
Total net revenue
Operating segments
Total net revenue
Operating segments | Infrastructure Solutions Group
Total net revenue
Operating segments | Infrastructure Solutions Group | Servers and networking
Total net revenue
Operating segments | Infrastructure Solutions Group | Storage
Total net revenue
Operating segments | Client Solutions Group
Total net revenue
Operating segments | Client Solutions Group | Commercial
Total net revenue
Operating segments | Client Solutions Group | Consumer
Total net revenue
Operating segments | VMware
Total net revenue
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 23,482 $ 22,844 $ 68,112 $ 68,122
23,203 22,471 66,949 67,060
8,024 8,390 23,800 25,213
4,164 4,241 12,118 12,858
3,860 4,149 11,682 12,355
12,286 11,410 34,593 34,068
8,783 8,330 25,456 25,714
3,503 3,080 9,137 8,354
$ 2,893 $ 2,671 $ 8,556 $ 7,779

SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION - Information on Selected
Accounts (Details) - USD ($) $ in Millions
Cash, cash equivalents, and restricted cash:
Restricted cash - other current assets
Restricted cash - other non-current assets
Total cash, cash equivalents, and restricted cash
Inventories, net:
Production materials
Work-in-process
Finished goods
Total inventories, net
Other Assets, Noncurrent [Abstract]
Deferred and other tax assets
Operating lease right of use (“ROU”) assets
Deferred commissions
Other
Total other non-current assets
Other non-current liabilities:
Deferred and other tax liabilities
Non-current operating lease liabilities
Warranty liability
Other
Total other non-current liabilities
Oct. 30, 2020 Jan. 31, 2020 Nov. 01, 2019
$ 11,304 $ 9,302
761 730
92 119
12,157 10,151
1,687 1,590
710 563
996 1,128
3,393 3,281
6,127 5,960
2,179 1,780
1,028 998
1,727 1,690
11,061 10,428
2,184 3,110
1,829 1,360
130 155 $ 169
1,290 758
$ 5,433 $ 5,383
SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION - Trade Receivables —
Allowance for Expected Credit Losses (Details) - USD ($) $ in Millions
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period
Bad debt write-offs
Balance at end of period
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period
Oct. 30, 2020 Oct. 30, 2020
$ 146 $ 94
(4) 43
(27) (49)
115 115
$0 $ 27
SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION - Warranty Liability
Movement in Standard Product Warranty Accrual [Roll Forward]
Warranty liability at beginning of period
Costs accrued for new warranty contracts and changes in estimated for pre-existing
warranties
Service obligations honored
Warranty liability at end of period
Current portion
Non-current portion
$ 479 $ 525 $ 496 $ 524

219 211 573 651
(206) (216) (577) (655)
492 520 492 520
362 351 362 351
$ 130 $ 169 $ 130 $ 169 $ 155
SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION - Severance Liability
Restructuring Reserve [Roll Forward]
Severance liability at beginning of period
Severance charges to provision
Cash paid and other
Severance liability at end of period
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 168 $ 115 $ 196 $ 146

226 44 417 141
(181) (44) (400) (172)
$ 213 $ 115 $ 213 $ 115
SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION - Interest and Other, Net
Interest and other, net:
Investment income, primarily interest
Gain on investments, net
Interest expense
Foreign exchange
Other
Total interest and other, net
Held-for-sale | RSA Security
Gain on sale
Strategic Investments
Realized gain on investment
Sep. 01, 2020 Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 11 $ 41 $ 47 $ 127
489 18 591 160
(566) (654) (1,855) (2,045)
(31) (43) (130) (123)
370 (39) 418 (119)
273 $ (677) (929) $ (2,000)
$ 338
$ 465 $ 465
SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION - Severance Charges
(Details) - Employee Severance - USD ($) $ in Millions
Restructuring Cost and Reserve [Line Items]
Total severance charges
Cost of net revenue
Selling, general, and administrative
Research and development
Oct. 30, 2020 Nov. 01, 2019 Oct. 30, 2020 Nov. 01, 2019
$ 226 $ 44 $ 417 $ 141
46 0 58 14
139 31 308 103
$ 41 $ 13 $ 51 $ 24

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Cover Page - shares

Entity Information [Line Items]

$ 22,844 $ 68,112 $ 68,122

15,718 46,842 46,873

5,028 14,419 15,677

$ 0.69 $ 2.73 $ 5.84

$ 17,275 $ 50,127 $ 51,765

13,558 39,923 40,526

5,569 17,985 16,357

$ 2,160 $ 6,919 $ 6,347

$ 881 $ 552 $ 2,162 $ 5,113

(21) 50 243 (186)

45 (47) (45) 210

NOTE 1 — BASIS OF PRESENTATION References in these Notes to the Condensed

NOTE 2 — INTERIM UPDATE TO SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES As

NOTE 7 — DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES As part of its risk

NOTE 8 — BUSINESS COMBINATIONS, GOODWILL AND INTANGIBLE ASSETS Business

NOTE 9 — DEFERRED REVENUE Deferred Revenue — Deferred revenue is recorded for

NOTE 10 — COMMITMENTS AND CONTINGENCIES Legal Matters The Company is involved in

NOTE 12 — ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Accumulated other

NOTE 13 — NON-CONTROLLING INTERESTS VMware, Inc. — The non-controlling interests’

NOTE 18 — SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION The following table

References in these Notes to the Condensed Consolidated Financial Statements to the

$ 277 $ 277 $ 241

$ 2.1 $2 $ 6.5 $ 5.7

$ 323 $ 138 $ 149 $ 136

$ 251 $ 648 $ 604

$ 50,411 $ 50,411 $ 52,665

1,600 $ 1,300 4,600 $ 4,100

$ 134 $ 384 $ 377

$ 45 $ (47) $ (45) $ 210

45 (47) (45) 210

$ 619,000,000 $ 619,000,000 $ 190,000,000

$ 28,791 $ 25,348 $ 27,800 $ 24,010

37.20% (247.20%) (6.10%) 5482.10%

$ 4,558 $ 3,095 $ 3,155 $ (942)

(660) (565) (709) (467)

$ 23,482 $ 22,844 $ 68,112 $ 68,122

$ 5,939,000,000 $ 4,558,000,000 $ 3,155,000,000 $ 3,877,000,000 $ 3,095,000,000

$ 5,056,000,000 $ 4,977,000,000 $ 4,729,000,000 $ 5,681,000,000 $ 5,544,000,000

$ 832 $ 499 $ 2,023 $ 4,208

$ 1.11 $ 0.69 $ 2.73 $ 5.84

$ 832 $ 499 $ 2,023 $ 4,208

747 725 742 720

$ 23,482 $ 22,844 $ 68,112 $ 68,122

619 $ 619 $ 190

23,203 22,471 66,949 67,060

8,024 8,390 23,800 25,213

12,286 11,410 34,593 34,068

2,893 2,671 8,556 7,779

314 456 1,288 1,311

(39) (84) (129) (250)

$ 23,482 $ 22,844 $ 68,112 $ 68,122

23,203 22,471 66,949 67,060

8,024 8,390 23,800 25,213

4,164 4,241 12,118 12,858

3,860 4,149 11,682 12,355

12,286 11,410 34,593 34,068

8,783 8,330 25,456 25,714

3,503 3,080 9,137 8,354

$ 2,893 $ 2,671 $ 8,556 $ 7,779

$ 479 $ 525 $ 496 $ 524

$ 168 $ 115 $ 196 $ 146