NVIDIA (NVDA) 10-Q 27 May 22 2023 Q1 Quarterly report Financial data

Cover

Cover - shares shares in Millions	3 Months Ended
	May 01, 2022	May 20, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	May 1, 2022
Document Transition Report	false
Entity File Number	0-23985
Entity Registrant Name	NVIDIA CORP
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-3177549
Entity Address, Address Line One	2788 San Tomas Expressway
Entity Address, City or Town	Santa Clara
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95051
City Area Code	408
Local Phone Number	486-2000
Title of 12(b) Security	Common Stock, $0.001 par value per share
Trading Symbol	NVDA
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		2,500
Entity Central Index Key	0001045810
Current Fiscal Year End Date	--01-29
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021
Income Statement [Abstract]
Revenue	$ 8,288	$ 5,661
Cost of revenue	2,857	2,032
Gross profit	5,431	3,629
Operating expenses
Research and development	1,618	1,153
Sales, general and administrative	592	520
Acquisition termination cost	1,353	0
Total operating expenses	3,563	1,673
Income from operations	1,868	1,956
Interest income	18	6
Interest expense	(68)	(53)
Other, net	(13)	135
Other income (expense), net	(63)	88
Income before income tax	1,805	2,044
Income tax expense	187	132
Net income	$ 1,618	$ 1,912
Net income per share:
Basic (in dollars per share)	$ 0.65	$ 0.77
Diluted (in dollars per share)	$ 0.64	$ 0.76
Weighted average shares used in per share computation:
Basic (in shares)	2,506	2,484
Diluted (in shares)	2,537	2,528

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 1,618	$ 1,912
Available-for-sale securities:
Net change in unrealized loss	(22)	0
Cash flow hedges:
Net unrealized loss	(29)	(14)
Reclassification adjustments for net realized gain (loss) included in net income	(2)	9
Net change in unrealized loss	(31)	(5)
Other comprehensive loss, net of tax	(53)	(5)
Total comprehensive income	$ 1,565	$ 1,907

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	May 01, 2022	Jan. 30, 2022
Current assets:
Cash and cash equivalents	$ 3,887	$ 1,990
Marketable securities	16,451	19,218
Accounts receivable, net	5,438	4,650
Inventories	3,163	2,605
Prepaid expenses and other current assets	636	366
Total current assets	29,575	28,829
Property and equipment, net	2,916	2,778
Operating lease assets	856	829
Goodwill	4,365	4,349
Intangible assets, net	2,211	2,339
Deferred income tax assets	1,784	1,222
Other assets	3,505	3,841
Total assets	45,212	44,187
Current liabilities:
Accounts payable	1,999	1,783
Accrued and other current liabilities	3,563	2,552
Total current liabilities	5,562	4,335
Long-term debt	10,947	10,946
Long-term operating lease liabilities	752	741
Other long-term liabilities	1,631	1,553
Total liabilities	18,892	17,575
Commitments and contingencies - see Note 13
Shareholders’ equity:
Preferred stock	0	0
Common stock	3	3
Additional paid-in capital	10,623	10,385
Accumulated other comprehensive loss	(64)	(11)
Retained earnings	15,758	16,235
Total shareholders' equity	26,320	26,612
Total liabilities and shareholders' equity	$ 45,212	$ 44,187

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) shares in Millions, $ in Millions	Total	Common Stock Outstanding	Additional Paid-in Capital	Treasury Stock	Accumulated Other Comprehensive Income (Loss)	Retained Earnings
Beginning balance, common stock outstanding (in shares) at Jan. 31, 2021		2,479
Beginning balances, shareholders' equity at Jan. 31, 2021	$ 16,893	$ 3	$ 8,719	$ (10,756)	$ 19	$ 18,908
Increase (Decrease) in Shareholders' Equity
Net income	1,912					1,912
Other comprehensive loss	(5)				(5)
Issuance of common stock from stock plans (in shares)		15
Issuance of common stock from stock plans	126		126
Tax withholding related to vesting of restricted stock units (in shares)		(3)
Tax withholding related to vesting of restricted stock units	(486)			(486)
Cash dividends declared and paid	(99)					(99)
Stock-based compensation	433		433
Ending balance, common stock outstanding (in shares) at May. 02, 2021		2,491
Ending balances, shareholders' equity at May. 02, 2021	18,774	$ 3	9,278	(11,242)	14	20,721
Beginning balance, common stock outstanding (in shares) at Jan. 30, 2022		2,506
Beginning balances, shareholders' equity at Jan. 30, 2022	26,612	$ 3	10,385	0	(11)	16,235
Increase (Decrease) in Shareholders' Equity
Net income	1,618					1,618
Other comprehensive loss	(53)				(53)
Issuance of common stock from stock plans (in shares)		9
Issuance of common stock from stock plans	204		204
Tax withholding related to vesting of restricted stock units (in shares)		(2)
Tax withholding related to vesting of restricted stock units	$ (538)		(538)
Share repurchase (in shares)	(8.6)	(9)
Share repurchase	$ (1,996)		(1)			(1,995)
Cash dividends declared and paid	(100)					(100)
Stock-based compensation	573		573
Ending balance, common stock outstanding (in shares) at May. 01, 2022		2,504
Ending balances, shareholders' equity at May. 01, 2022	$ 26,320	$ 3	$ 10,623	$ 0	$ (64)	$ 15,758

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	May 01, 2022	May 02, 2021
Statement of Stockholders' Equity [Abstract]
Common stock, dividends per share, declared and paid (in dollars per share)	$ 0.04	$ 0.04

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021
Cash flows from operating activities:
Net income	$ 1,618	$ 1,912
Adjustments to reconcile net income to net cash provided by operating activities:
Acquisition termination cost	1,353	0
Stock-based compensation expense	578	429
Depreciation and amortization	334	281
Losses (gains) on investments in non-affiliates, net	17	(133)
Deferred income taxes	(542)	24
Other	23	(3)
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	(788)	(595)
Inventories	(560)	(159)
Prepaid expenses and other assets	(1,261)	2
Accounts payable	255	36
Accrued and other current liabilities	634	33
Other long-term liabilities	70	47
Net cash provided by operating activities	1,731	1,874
Cash flows from investing activities:
Proceeds from maturities of marketable securities	5,947	3,140
Proceeds from sales of marketable securities	1,029	358
Purchases of marketable securities	(3,932)	(4,470)
Purchases related to property and equipment and intangible assets	(361)	(298)
Acquisitions, net of cash acquired	(36)	0
Investments and other, net	(35)	(2)
Net cash provided by (used in) investing activities	2,612	(1,272)
Cash flows from financing activities:
Proceeds related to employee stock plans	204	126
Payments related to repurchases of common stock	(1,996)	0
Payments related to tax on restricted stock units	(532)	(477)
Dividends paid	(100)	(99)
Principal payments on property and equipment and intangible asset	(22)	(19)
Other	0	(2)
Net cash used in financing activities	(2,446)	(471)
Change in cash and cash equivalents	1,897	131
Cash and cash equivalents at beginning of period	1,990	847
Cash and cash equivalents at end of period	$ 3,887	$ 978

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	May 01, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements were prepared in accordance with accounting principles generally accepted in the United States of America, or U.S. GAAP, for interim financial information and with the instructions to Form 10-Q and Article 10 of Securities and Exchange Commission, or SEC, Regulation S-X. The January 30, 2022 consolidated balance sheet was derived from our audited consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended January 30, 2022, as filed with the SEC, but does not include all disclosures required by U.S. GAAP. In the opinion of management, all adjustments, consisting only of normal recurring adjustments considered necessary for a fair statement of results of operations and financial position, have been included. The results for the interim periods presented are not necessarily indicative of the results expected for any future period. The following information should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended January 30, 2022. On July 19, 2021, we executed a four-for-one stock split of our common stock. All share, equity award, and per share amounts and related shareholders' equity balances presented herein have been retroactively adjusted to reflect the stock split. Significant Accounting Policies There have been no material changes to our significant accounting policies disclosed in Note 1 - Organization and Summary of Significant Accounting Policies, of the Notes to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended January 30, 2022. Fiscal Year We operate on a 52- or 53-week year, ending on the last Sunday in January. Fiscal years 2023 and 2022 are both 52-week years. The first quarters of fiscal years 2023 and 2022 were both 13-week quarters. Reclassifications Certain prior fiscal year balances have been reclassified to conform to the current fiscal year presentation. Principles of Consolidation Our condensed consolidated financial statements include the accounts of NVIDIA Corporation and our wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.

Business Combination

Business Combination	3 Months Ended
	May 01, 2022
Business Combination and Asset Acquisition [Abstract]
Business Combination	Business Combination Termination of the Arm Share Purchase Agreement On February 8, 2022, NVIDIA and SoftBank Group Corp, or SoftBank, announced the termination of the Share Purchase Agreement whereby NVIDIA would have acquired Arm Limited from SoftBank. The parties agreed to terminate because of significant regulatory challenges preventing the completion of the transaction. We recorded an acquisition termination cost of $1.35 billion in the first quarter of fiscal year 2023 reflecting the write-off of the prepayment provided at signing in September 2020.

Leases

Leases	3 Months Ended
	May 01, 2022
Leases [Abstract]
Leases	Leases Our lease obligations primarily consist of operating leases for our headquarters complex, domestic and international office facilities, and data center space, with lease periods expiring between fiscal years 2023 and 2035. Future minimum lease payments under our non-cancelable operating leases as of May 1, 2022 are as follows: Operating Lease Obligations (In millions) Fiscal Year: 2023 (excluding first quarter of fiscal year 2023) $ 121 2024 167 2025 144 2026 130 2027 119 2028 and thereafter 318 Total 999 Less imputed interest 100 Present value of net future minimum lease payments 899 Less short-term operating lease liabilities 147 Long-term operating lease liabilities $ 752 In addition to our existing operating lease obligations, we have operating leases that are expected to commence between the second quarter of fiscal year 2023 and fiscal year 2024 with lease terms of 3 to 8 years for $755 million, consisting primarily of data center space. Operating lease expenses were $44 million and $39 million for the first quarter of fiscal years 2023 and 2022, respectively. Short-term and variable lease expenses for the first quarter of fiscal years 2023 and 2022 were not significant. Other information related to leases was as follows: Three Months Ended May 1, 2022 May 2, 2021 (In millions) Supplemental cash flows information Operating cash flows used for operating leases $ 45 $ 39 Operating lease assets obtained in exchange for lease obligations $ 62 $ 54

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	May 01, 2022
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation Our stock-based compensation expense is associated with restricted stock units, or RSUs, performance stock units that are based on our corporate financial performance targets, or PSUs, performance stock units that are based on market conditions, or market-based PSUs, and our employee stock purchase plan, or ESPP. Our Condensed Consolidated Statements of Income include stock-based compensation expense, net of amounts allocated to inventory, as follows: Three Months Ended May 1, May 2, (In millions) Cost of revenue $ 38 $ 25 Research and development 384 276 Sales, general and administrative 156 128 Total $ 578 $ 429 Equity Award Activity The following is a summary of our equity award transactions under our equity incentive plans: RSUs, PSUs, and Market-based PSUs Outstanding Number of Shares Weighted Average Grant-Date Fair Value Per Share (In millions, except per share data) Balances, January 30, 2022 46 $ 114.19 Granted 3 $ 216.00 Vested restricted stock (7) $ 83.70 Balances, May 1, 2022 42 $ 125.32 As of May 1, 2022, there was $4.95 billion of aggregate unearned stock-based compensation expense. This amount is expected to be recognized over a weighted average period of 2.3 years for RSUs, PSUs, and market-based PSUs, and 1.1 years for ESPP.

Net Income Per Share

Net Income Per Share	3 Months Ended
	May 01, 2022
Earnings Per Share [Abstract]
Net Income Per Share	Net Income Per Share The following is a reconciliation of the denominator of the basic and diluted net income per share computations for the periods presented: Three Months Ended May 1, May 2, 2022 2021 (In millions, except per share data) Numerator: Net income $ 1,618 $ 1,912 Denominator: Basic weighted average shares 2,506 2,484 Dilutive impact of outstanding equity awards 31 44 Diluted weighted average shares 2,537 2,528 Net income per share: Basic (1) $ 0.65 $ 0.77 Diluted (2) $ 0.64 $ 0.76 Equity awards excluded from diluted net income per share because their effect would have been anti-dilutive 3 4 (1) Calculated as net income divided by basic weighted average shares. (2) Calculated as net income divided by diluted weighted average shares.

Income Taxes

Income Taxes	3 Months Ended
	May 01, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We recognized an income tax expense of $187 million and $132 million for the first quarter of fiscal years 2023 and 2022, respectively. The income tax expense as a percentage of income before income tax was 10.3% and 6.5% for the first quarter of fiscal years 2023 and 2022, respectively. The increase in our effective tax rate was primarily due to an increase in the amount of earnings subject to U.S. tax, the Arm acquisition termination cost recorded in the first quarter of fiscal year 2023 which did not result in any material tax benefit, and a decreased impact of tax benefit from the U.S. federal research tax credit, partially offset by the increased benefits from the foreign-derived intangible income deduction and stock-based compensation. Our effective tax rate for the first quarter of fiscal year 2023 was lower than the U.S. federal statutory rate of 21% due to tax benefits from the foreign-derived intangible income deduction, stock-based compensation and the U.S. federal research tax credit. Our effective tax rate for the first quarter of fiscal year 2022 was lower than the U.S. federal statutory rate of 21% due to income earned in jurisdictions that are subject to taxes lower than the U.S. federal statutory tax rate and tax benefits related to stock-based compensation and the U.S. federal research tax credit. For the first quarter of fiscal year 2023, there have been no material changes to our tax years that remain subject to examination by major tax jurisdictions. We are currently under examination by the Internal Revenue Service for our fiscal years 2018 and 2019. Additionally, there have been no material changes to our unrecognized tax benefits and any related interest or penalties since the fiscal year ended January 30, 2022.

Cash Equivalents and Marketable

Cash Equivalents and Marketable Securities	3 Months Ended
	May 01, 2022
Investments, Debt and Equity Securities [Abstract]
Cash Equivalents and Marketable Securities	Cash Equivalents and Marketable Securities Our cash equivalents and marketable securities related to debt securities are classified as “available-for-sale” debt securities. The following is a summary of cash equivalents and marketable securities as of May 1, 2022 and January 30, 2022: May 1, 2022 Amortized Unrealized Unrealized Estimated Reported as Cash Equivalents Marketable Securities (In millions) Corporate debt securities $ 9,827 $ — $ (9) $ 9,818 $ 1,232 $ 8,586 Debt securities issued by the United States Treasury 6,157 3 (38) 6,122 1,324 4,798 Debt securities issued by United States government agencies 2,116 — — 2,116 460 1,656 Certificates of deposit 1,302 — — 1,302 41 1,261 Money market funds 419 — — 419 419 — Foreign government bonds 185 — — 185 35 150 Total $ 20,006 $ 3 $ (47) $ 19,962 $ 3,511 $ 16,451 January 30, 2022 Amortized Unrealized Unrealized Estimated Reported as Cash Equivalents Marketable Securities (In millions) Corporate debt securities $ 9,977 $ — $ (3) $ 9,974 $ 1,102 $ 8,872 Debt securities issued by the United States Treasury 7,314 — (14) 7,300 — 7,300 Debt securities issued by United States government agencies 1,612 — — 1,612 256 1,356 Certificates of deposit 1,561 — — 1,561 21 1,540 Money market funds 316 — — 316 316 — Foreign government bonds 150 — — 150 — 150 Total $ 20,930 $ — $ (17) $ 20,913 $ 1,695 $ 19,218 The following tables provide the breakdown of unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous loss position: May 1, 2022 Less than 12 Months 12 Months or Greater Total Estimated Fair Value Gross Unrealized Loss Estimated Fair Value Gross Unrealized Loss Estimated Fair Value Gross Unrealized Loss (In millions) Debt securities issued by the United States Treasury $ 2,955 $ (38) $ — $ — $ 2,955 $ (38) Corporate debt securities 2,594 (9) 19 — 2,613 (9) Total $ 5,549 $ (47) $ 19 $ — $ 5,568 $ (47) January 30, 2022 Less than 12 Months 12 Months or Greater Total Estimated Fair Value Gross Unrealized Loss Estimated Fair Value Gross Unrealized Loss Estimated Fair Value Gross Unrealized Loss (In millions) Debt securities issued by the United States Treasury $ 5,292 $ (14) $ — $ — $ 5,292 $ (14) Corporate debt securities 2,445 (3) 19 — 2,464 (3) Total $ 7,737 $ (17) $ 19 $ — $ 7,756 $ (17) The gross unrealized losses are related to fixed income securities, driven primarily by changes in interest rates. Net realized gains and unrealized gains and losses were not significant for all periods presented. The amortized cost and estimated fair value of cash equivalents and marketable securities as of May 1, 2022 and January 30, 2022 are shown below by contractual maturity. May 1, 2022 January 30, 2022 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value (In millions) Less than one year $ 15,196 $ 15,185 $ 16,346 $ 16,343 Due in 1 - 5 years 4,810 4,777 4,584 4,570 Total $ 20,006 $ 19,962 $ 20,930 $ 20,913

Fair Value of Financial Assets

Fair Value of Financial Assets and Liabilities	3 Months Ended
	May 01, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Liabilities	Fair Value of Financial Assets and LiabilitiesThe fair values of our financial assets and liabilities are determined using quoted market prices of identical assets or quoted market prices of similar assets from active markets. We review fair value hierarchy classification on a quarterly basis. Fair Value at Pricing Category May 1, 2022 January 30, 2022 (In millions) Assets Cash equivalents and marketable securities: Money market funds Level 1 $ 419 $ 316 Corporate debt securities Level 2 $ 9,818 $ 9,974 Debt securities issued by the United States Treasury Level 2 $ 6,122 $ 7,300 Debt securities issued by United States government agencies Level 2 $ 2,116 $ 1,612 Certificates of deposit Level 2 $ 1,302 $ 1,561 Foreign government bonds Level 2 $ 185 $ 150 Other assets (Investment in non-affiliated entities): Publicly-held equity securities (1) Level 1 $ 48 $ 58 Privately-held equity securities Level 3 $ 238 $ 208 Liabilities (2) 0.309% Notes Due 2023 Level 2 $ 1,221 $ 1,236 0.584% Notes Due 2024 Level 2 $ 1,191 $ 1,224 3.20% Notes Due 2026 Level 2 $ 995 $ 1,055 1.55% Notes Due 2028 Level 2 $ 1,100 $ 1,200 2.85% Notes Due 2030 Level 2 $ 1,393 $ 1,542 2.00% Notes Due 2031 Level 2 $ 1,071 $ 1,200 3.50% Notes Due 2040 Level 2 $ 903 $ 1,066 3.50% Notes Due 2050 Level 2 $ 1,756 $ 2,147 3.70% Notes Due 2060 Level 2 $ 433 $ 551 (1) Unrealized losses of $24 million and an unrealized gain of $124 million from investments in publicly-traded equity securities were recorded in other income (expense), net, in the first quarter of fiscal years 2023 and 2022, respectively. (2) These liabilities are carried on our Condensed Consolidated Balance Sheets at their original issuance value, net of unamortized debt discount and issuance costs.

Amortizable Intangible Assets a

Amortizable Intangible Assets and Goodwill	3 Months Ended
	May 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Amortizable Intangible Assets and Goodwill	Amortizable Intangible Assets and Goodwill The components of our amortizable intangible assets are as follows: May 1, 2022 January 30, 2022 Gross Accumulated Net Carrying Gross Accumulated Net Carrying (In millions) Acquisition-related intangible assets (1) $ 3,253 $ (1,260) $ 1,993 $ 3,418 $ (1,304) $ 2,114 Patents and licensed technology 719 (501) 218 717 (492) 225 Total intangible assets $ 3,972 $ (1,761) $ 2,211 $ 4,135 $ (1,796) $ 2,339 (1) During the first quarter of fiscal year 2023, we commenced amortization of the $630 million in-process research and development intangible asset related to our acquisition of Mellanox.

Balance Sheet Components

Balance Sheet Components	3 Months Ended
	May 01, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Balance Sheet Components	Balance Sheet Components Certain balance sheet components are as follows: May 1, January 30, 2022 2022 Inventories: (In millions) Raw materials $ 1,119 $ 791 Work in-process 672 692 Finished goods 1,372 1,122 Total inventories $ 3,163 $ 2,605 May 1, January 30, 2022 2022 Other assets: (In millions) Prepaid supply agreements $ 2,752 $ 1,747 Prepaid royalties 405 409 Investment in non-affiliated entities 285 266 Advanced consideration for acquisition (1) — 1,353 Other 63 66 Total other assets $ 3,505 $ 3,841 (1) Refer to Note 2 - Business Combination for further details on the Arm acquisition. May 1, January 30, 2022 2022 Accrued and Other Current Liabilities: (In millions) Customer program accruals $ 1,088 $ 1,000 Taxes payable 736 132 Deferred revenue (1) 334 300 Accrued payroll and related expenses 327 409 Payables to brokers for unsettled investment trades 325 — Excess inventory purchase obligations 258 196 Other 495 515 Total accrued and other current liabilities $ 3,563 $ 2,552 (1) Deferred revenue primarily includes customer advances and deferrals related to license and development arrangements, support for hardware and software, and cloud services. May 1, January 30, 2022 2022 Other Long-Term Liabilities: (In millions) Income tax payable (1) $ 1,051 $ 980 Deferred income tax 257 245 Deferred revenue (2) 203 202 Other 120 126 Total other long-term liabilities $ 1,631 $ 1,553 (1) As of May 1, 2022, income tax payable represents the long-term portion of the one-time transition tax payable of $251 million, unrecognized tax benefits of $733 million, and related interest and penalties of $67 million. As of January 30, 2022, income tax payable represents the long-term portion of the one-time transition tax payable of $251 million, unrecognized tax benefits of $670 million, and related interest and penalties of $59 million. (2) Deferred revenue primarily includes deferrals related to support for hardware and software. Deferred Revenue The following table shows the changes in deferred revenue during the first quarter of fiscal years 2023 and 2022: May 1, May 2, 2022 2021 (In millions) Balance at beginning of period $ 502 $ 451 Deferred revenue additions during the period 212 178 Revenue recognized during the period (177) (123) Balance at end of period $ 537 $ 506 Revenue related to remaining performance obligations represents the contracted license and development arrangements and support for hardware and software. This includes deferred revenue currently recorded and amounts that will be invoiced in future periods. As of May 1, 2022, $652 million of revenue related to performance obligations had not been recognized, of which we expect to recognize approximately 47% over the next twelve months and the remainder thereafter. This excludes revenue related to performance obligations for contracts with a length of one year or less.

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	May 01, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments We enter into foreign currency forward contracts to mitigate the impact of foreign currency exchange rate movements on our operating expenses. These contracts are designated as cash flow hedges for hedge accounting treatment. Gains or losses on the contracts are recorded in accumulated other comprehensive income or loss and reclassified to operating expense when the related operating expenses are recognized in earnings or ineffectiveness should occur. The fair value of the contracts was not significant as of May 1, 2022 and January 30, 2022. We also enter into foreign currency forward contracts to mitigate the impact of foreign currency movements on monetary assets and liabilities that are denominated in currencies other than the U.S. dollar. These forward contracts were not designated for hedge accounting treatment. Therefore, the change in fair value of these contracts is recorded in other income or expense and offsets the change in fair value of the hedged foreign currency denominated monetary assets and liabilities, which is also recorded in other income or expense. The table below presents the notional value of our foreign currency forward contracts outstanding as of May 1, 2022 and January 30, 2022: May 1, January 30, (In millions) Designated as cash flow hedges $ 1,070 $ 1,023 Not designated for hedge accounting $ 382 $ 408 As of May 1, 2022, all designated foreign currency forward contracts mature within eighteen months. The expected realized gains and losses deferred into accumulated other comprehensive income or loss related to foreign currency forward contracts within the next twelve months was not significant. During the first quarter of fiscal years 2023 and 2022, the impact of derivative financial instruments designated for hedge accounting treatment on other comprehensive income or loss was not significant.

Debt

Debt	3 Months Ended
	May 01, 2022
Debt Disclosure [Abstract]
Debt	Debt Long-Term Debt The carrying values of our outstanding notes and their associated interest rates were as follows: Carrying Value at Expected Remaining Term (years) Effective May 1, 2022 January 30, 2022 (In millions) 0.309% Notes Due 2023 1.1 0.41% $ 1,250 $ 1,250 0.584% Notes Due 2024 2.1 0.66% 1,250 1,250 3.20% Notes Due 2026 4.4 3.31% 1,000 1,000 1.55% Notes Due 2028 6.1 1.64% 1,250 1,250 2.85% Notes Due 2030 7.9 2.93% 1,500 1,500 2.00% Notes Due 2031 9.1 2.09% 1,250 1,250 3.50% Notes Due 2040 17.9 3.54% 1,000 1,000 3.50% Notes Due 2050 27.9 3.54% 2,000 2,000 3.70% Notes Due 2060 37.9 3.73% 500 500 Unamortized debt discount and issuance costs (53) (54) Net carrying amount $ 10,947 $ 10,946 All our notes are unsecured senior obligations. All existing and future liabilities of our subsidiaries will be effectively senior to the notes. Our notes pay interest semi-annually. We may redeem each of our notes prior to maturity, subject to a make-whole premium as defined in the applicable form of note. As of May 1, 2022, we have complied with the required covenants under the notes. Commercial Paper We have a $575 million commercial paper program to support general corporate purposes. As of May 1, 2022, we had not issued any commercial paper.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	May 01, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Purchase Obligations Our purchase obligations primarily include our commitments to purchase components used to manufacture our products, including long-term supply agreements, certain software and technology licenses, other goods and services and long-lived assets. We have entered into several long-term supply agreements, under which we have made advance payments and have $1.02 billion remaining unpaid. As of May 1, 2022, we had outstanding inventory purchase and long-term supply obligations totaling $9.59 billion, inclusive of the $1.02 billion. We also had other purchase obligations totaling $1.85 billion. Total future unconditional purchase commitments as of May 1, 2022, are as follows: Commitments (In millions) Fiscal Year: 2023 (excluding first quarter of fiscal year 2023) $ 8,344 2024 2,238 2025 406 2026 48 2027 70 2028 and thereafter 330 Total $ 11,436 Accrual for Product Warranty Liabilities The estimated amount of product warranty liabilities was $55 million and $46 million as of May 1, 2022 and January 30, 2022, respectively, and the activities were not significant. With certain agreements that we have entered in the past, we have provided indemnities for matters such as tax, product, and employee liabilities. We have included intellectual property indemnification provisions in our technology related agreements with third parties. Maximum potential future payments cannot be estimated because many of these agreements do not have a maximum stated liability. We have not recorded any liability in our Condensed Consolidated Financial Statements for such indemnifications. Litigation Securities Class Action and Derivative Lawsuits The plaintiffs in the putative securities class action lawsuit, captioned 4:18-cv-07669-HSG, initially filed on December 21, 2018 in the United States District Court for the Northern District of California, and titled In Re NVIDIA Corporation Securities Litigation , filed an amended complaint on May 13, 2020. The amended complaint asserted that NVIDIA and certain NVIDIA executives violated Section 10(b) of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and SEC Rule 10b-5, by making materially false or misleading statements related to channel inventory and the impact of cryptocurrency mining on GPU demand between May 10, 2017 and November 14, 2018. Plaintiffs also alleged that the NVIDIA executives who they named as defendants violated Section 20(a) of the Exchange Act. Plaintiffs sought class certification, an award of unspecified compensatory damages, an award of reasonable costs and expenses, including attorneys’ fees and expert fees, and further relief as the Court may deem just and proper. On March 2, 2021, the district court granted NVIDIA’s motion to dismiss the complaint without leave to amend, entered judgment in favor of NVIDIA and closed the case. On March 30, 2021, plaintiffs filed an appeal from judgment in the United States Court of Appeals for the Ninth Circuit, case number 21-15604. Oral argument on the appeal was held on May 10, 2022. The putative derivative lawsuit pending in the United States District Court for the Northern District of California, captioned 4:19-cv-00341-HSG, initially filed January 18, 2019 and titled In re NVIDIA Corporation Consolidated Derivative Litigation , was stayed pending resolution of the plaintiffs’ appeal in the In Re NVIDIA Corporation Securities Litigation action. On February 22, 2022, the court administratively closed the case, but stated that it would reopen the case once the appeal in the In Re NVIDIA Corporation Securities Litigation action is resolved. The lawsuit asserts claims, purportedly on behalf of us, against certain officers and directors of the Company for breach of fiduciary duty, unjust enrichment, waste of corporate assets, and violations of Sections 14(a), 10(b), and 20(a) of the Exchange Act based on the dissemination of allegedly false and misleading statements related to channel inventory and the impact of cryptocurrency mining on GPU demand. The plaintiffs are seeking unspecified damages and other relief, including reforms and improvements to NVIDIA’s corporate governance and internal procedures. The putative derivative actions initially filed September 24, 2019 and pending in the United States District Court for the District of Delaware, Lipchitz v. Huang, et al. (Case No. 1:19-cv-01795-UNA) and Nelson v. Huang, et. al. (Case No. 1:19-cv-01798- UNA), remain stayed pending resolution of the plaintiffs’ appeal in the In Re NVIDIA Corporation Securities Litigation action. The lawsuits assert claims, purportedly on behalf of us, against certain officers and directors of the Company for breach of fiduciary duty, unjust enrichment, insider trading, misappropriation of information, corporate waste and violations of Sections 14(a), 10(b), and 20(a) of the Exchange Act based on the dissemination of allegedly false, and misleading statements related to channel inventory and the impact of cryptocurrency mining on GPU demand. The plaintiffs seek unspecified damages and other relief, including disgorgement of profits from the sale of NVIDIA stock and unspecified corporate governance measures. Settlement In May 2022, NVIDIA entered into a settlement with the SEC relating to MD&A disclosures in our Forms 10-Q for the second and third quarters of fiscal year 2018 concerning the impact of cryptocurrency mining on year-over-year growth in revenue for our gaming specialized market during those periods. As part of the settlement, without admitting or denying the findings in the administrative order issued by the SEC, NVIDIA agreed to cease-and-desist from violating certain federal securities laws and paid a $5.5 million civil penalty. Accounting for Loss Contingencies As of May 1, 2022, we have not recorded any accrual for contingent liabilities associated with the legal proceedings described above based on our belief that liabilities, while possible, are not probable. Further, except as specifically described above, any possible loss or range of loss in these matters cannot be reasonably estimated at this time. We are engaged in legal actions not described above arising in the ordinary course of business and, while there can be no assurance of favorable outcomes, we believe that the ultimate outcome of these actions will not have a material adverse effect on our operating results, liquidity or financial position.

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	May 01, 2022
Equity [Abstract]
Shareholders' Equity	Shareholders’ Equity Capital Return Program Beginning August 2004, our Board of Directors authorized us to repurchase our stock. During the first quarter of fiscal year 2023, we repurchased a total of 8.6 million shares for $2.00 billion. Through May 1, 2022, we have repurchased an aggregate of 1.05 billion shares under our share repurchase program for a total cost of $9.08 billion. On May 23, 2022, our Board of Directors increased and extended our share repurchase program to repurchase additional common stock up to a total of $15 billion through December 2023. During the first quarter of fiscal years 2023 and 2022, we paid $100 million and $99 million in cash dividends to our shareholders, respectively.

Segment Information

Segment Information	3 Months Ended
	May 01, 2022
Segment Reporting [Abstract]
Segment Information	Segment Information Our Chief Executive Officer, who is considered to be our chief operating decision maker, or CODM, reviews financial information presented on an operating segment basis for purposes of making decisions and assessing financial performance. Our Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building 3D designs and virtual worlds. Our Compute & Networking segment includes Data Center platforms and systems for artificial intelligence, or AI, high-performance computing, and accelerated computing; Mellanox networking and interconnect solutions; automotive AI Cockpit, autonomous driving development agreements, and autonomous vehicle solutions; cryptocurrency mining processors, or CMP; Jetson for robotics and other embedded platforms; and NVIDIA AI Enterprise and other software. Operating results by segment include costs or expenses that are directly attributable to each segment, and costs or expenses that are leveraged across our unified architecture and therefore allocated between our two segments. The “All Other” category includes the expenses that our CODM does not assign to either Graphics or Compute & Networking for purposes of making operating decisions or assessing financial performance. The expenses include stock-based compensation expense, corporate infrastructure and support costs, acquisition-related costs, IP-related costs, and other non-recurring charges and benefits that our CODM deems to be enterprise in nature. Our CODM does not review any information regarding total assets on a reportable segment basis. Depreciation and amortization expense directly attributable to each reportable segment is included in operating results for each segment. However, the CODM does not evaluate depreciation and amortization expense by operating segment and, therefore, it is not separately presented. There is no intersegment revenue. The accounting policies for segment reporting are the same as for our consolidated financial statements. The table below presents details of our reportable segments and the “All Other” category. Graphics Compute & Networking All Other Consolidated (In millions) Three Months Ended May 1, 2022 Revenue $ 4,616 $ 3,672 $ — $ 8,288 Operating income (loss) $ 2,476 $ 1,606 $ (2,214) $ 1,868 Three Months Ended May 2, 2021 Revenue $ 3,451 $ 2,210 $ — $ 5,661 Operating income (loss) $ 1,786 $ 861 $ (691) $ 1,956 Three Months Ended May 1, May 2, (In millions) Reconciling items included in "All Other" category: Acquisition termination cost $ (1,353) $ — Stock-based compensation expense (578) (429) Acquisition-related and other costs (149) (167) Unallocated cost of revenue and operating expenses (127) (90) IP-related and legal settlement costs (7) (5) Total $ (2,214) $ (691) Revenue by geographic region is allocated to individual countries based on the location to which the products are initially billed even if our customers’ revenue is attributable to end customers that are located in a different location. The following table summarizes information pertaining to our revenue from customers based on the invoicing address by geographic regions: Three Months Ended May 1, May 2, 2022 2021 (In millions) Revenue: Taiwan $ 2,777 $ 1,784 China (including Hong Kong) 2,081 1,391 United States 1,932 768 Other countries 1,498 1,718 Total revenue $ 8,288 $ 5,661 The following table summarizes information pertaining to our revenue by each of the specialized markets we serve: Three Months Ended May 1, May 2, 2022 2021 (In millions) Revenue: Gaming $ 3,620 $ 2,760 Data Center 3,750 2,048 Professional Visualization 622 372 Automotive 138 154 OEM and Other 158 327 Total revenue $ 8,288 $ 5,661 No customer represented 10% or more of total revenue for the first quarter of fiscal years 2023 or 2022. One customer represented 12% of our accounts receivable balance as of May 1, 2022. Two customers each represented 10% or more of accounts receivable for a total of 22% as of January 30, 2022.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	May 01, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements were prepared in accordance with accounting principles generally accepted in the United States of America, or U.S. GAAP, for interim financial information and with the instructions to Form 10-Q and Article 10 of Securities and Exchange Commission, or SEC, Regulation S-X. The January 30, 2022 consolidated balance sheet was derived from our audited consolidated financial statements included in our Annual Report on Form 10-K for the fiscal year ended January 30, 2022, as filed with the SEC, but does not include all disclosures required by U.S. GAAP. In the opinion of management, all adjustments, consisting only of normal recurring adjustments considered necessary for a fair statement of results of operations and financial position, have been included. The results for the interim periods presented are not necessarily indicative of the results expected for any future period. The following information should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended January 30, 2022. On July 19, 2021, we executed a four-for-one stock split of our common stock. All share, equity award, and per share amounts and related shareholders' equity balances presented herein have been retroactively adjusted to reflect the stock split.
Fiscal Year	Fiscal Year We operate on a 52- or 53-week year, ending on the last Sunday in January. Fiscal years 2023 and 2022 are both 52-week years. The first quarters of fiscal years 2023 and 2022 were both 13-week quarters.
Reclassifications	Reclassifications Certain prior fiscal year balances have been reclassified to conform to the current fiscal year presentation.
Principles of Consolidation	Principles of Consolidation Our condensed consolidated financial statements include the accounts of NVIDIA Corporation and our wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.

Leases (Tables)

Leases (Tables)	3 Months Ended
	May 01, 2022
Leases [Abstract]
Schedule of future minimum lease payments	Future minimum lease payments under our non-cancelable operating leases as of May 1, 2022 are as follows: Operating Lease Obligations (In millions) Fiscal Year: 2023 (excluding first quarter of fiscal year 2023) $ 121 2024 167 2025 144 2026 130 2027 119 2028 and thereafter 318 Total 999 Less imputed interest 100 Present value of net future minimum lease payments 899 Less short-term operating lease liabilities 147 Long-term operating lease liabilities $ 752
Schedule of other information related to leases	Other information related to leases was as follows: Three Months Ended May 1, 2022 May 2, 2021 (In millions) Supplemental cash flows information Operating cash flows used for operating leases $ 45 $ 39 Operating lease assets obtained in exchange for lease obligations $ 62 $ 54

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	May 01, 2022
Share-based Payment Arrangement [Abstract]
Stock-based compensation expense, net of amounts capitalized as inventory	Our Condensed Consolidated Statements of Income include stock-based compensation expense, net of amounts allocated to inventory, as follows: Three Months Ended May 1, May 2, (In millions) Cost of revenue $ 38 $ 25 Research and development 384 276 Sales, general and administrative 156 128 Total $ 578 $ 429
Summary of equity award	The following is a summary of our equity award transactions under our equity incentive plans: RSUs, PSUs, and Market-based PSUs Outstanding Number of Shares Weighted Average Grant-Date Fair Value Per Share (In millions, except per share data) Balances, January 30, 2022 46 $ 114.19 Granted 3 $ 216.00 Vested restricted stock (7) $ 83.70 Balances, May 1, 2022 42 $ 125.32

Net Income Per Share (Tables)

Net Income Per Share (Tables)	3 Months Ended
	May 01, 2022
Earnings Per Share [Abstract]
Reconciliation of numerators and denominators of basic and diluted net income per share computations	The following is a reconciliation of the denominator of the basic and diluted net income per share computations for the periods presented: Three Months Ended May 1, May 2, 2022 2021 (In millions, except per share data) Numerator: Net income $ 1,618 $ 1,912 Denominator: Basic weighted average shares 2,506 2,484 Dilutive impact of outstanding equity awards 31 44 Diluted weighted average shares 2,537 2,528 Net income per share: Basic (1) $ 0.65 $ 0.77 Diluted (2) $ 0.64 $ 0.76 Equity awards excluded from diluted net income per share because their effect would have been anti-dilutive 3 4 (1) Calculated as net income divided by basic weighted average shares. (2) Calculated as net income divided by diluted weighted average shares.

Cash Equivalents and Marketab_2

Cash Equivalents and Marketable Securities (Tables)	3 Months Ended
	May 01, 2022
Investments, Debt and Equity Securities [Abstract]
Cash equivalents and marketable securities	The following is a summary of cash equivalents and marketable securities as of May 1, 2022 and January 30, 2022: May 1, 2022 Amortized Unrealized Unrealized Estimated Reported as Cash Equivalents Marketable Securities (In millions) Corporate debt securities $ 9,827 $ — $ (9) $ 9,818 $ 1,232 $ 8,586 Debt securities issued by the United States Treasury 6,157 3 (38) 6,122 1,324 4,798 Debt securities issued by United States government agencies 2,116 — — 2,116 460 1,656 Certificates of deposit 1,302 — — 1,302 41 1,261 Money market funds 419 — — 419 419 — Foreign government bonds 185 — — 185 35 150 Total $ 20,006 $ 3 $ (47) $ 19,962 $ 3,511 $ 16,451 January 30, 2022 Amortized Unrealized Unrealized Estimated Reported as Cash Equivalents Marketable Securities (In millions) Corporate debt securities $ 9,977 $ — $ (3) $ 9,974 $ 1,102 $ 8,872 Debt securities issued by the United States Treasury 7,314 — (14) 7,300 — 7,300 Debt securities issued by United States government agencies 1,612 — — 1,612 256 1,356 Certificates of deposit 1,561 — — 1,561 21 1,540 Money market funds 316 — — 316 316 — Foreign government bonds 150 — — 150 — 150 Total $ 20,930 $ — $ (17) $ 20,913 $ 1,695 $ 19,218 The amortized cost and estimated fair value of cash equivalents and marketable securities as of May 1, 2022 and January 30, 2022 are shown below by contractual maturity. May 1, 2022 January 30, 2022 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value (In millions) Less than one year $ 15,196 $ 15,185 $ 16,346 $ 16,343 Due in 1 - 5 years 4,810 4,777 4,584 4,570 Total $ 20,006 $ 19,962 $ 20,930 $ 20,913
Schedule of investments in a continuous unrealized loss position	The following tables provide the breakdown of unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous loss position: May 1, 2022 Less than 12 Months 12 Months or Greater Total Estimated Fair Value Gross Unrealized Loss Estimated Fair Value Gross Unrealized Loss Estimated Fair Value Gross Unrealized Loss (In millions) Debt securities issued by the United States Treasury $ 2,955 $ (38) $ — $ — $ 2,955 $ (38) Corporate debt securities 2,594 (9) 19 — 2,613 (9) Total $ 5,549 $ (47) $ 19 $ — $ 5,568 $ (47) January 30, 2022 Less than 12 Months 12 Months or Greater Total Estimated Fair Value Gross Unrealized Loss Estimated Fair Value Gross Unrealized Loss Estimated Fair Value Gross Unrealized Loss (In millions) Debt securities issued by the United States Treasury $ 5,292 $ (14) $ — $ — $ 5,292 $ (14) Corporate debt securities 2,445 (3) 19 — 2,464 (3) Total $ 7,737 $ (17) $ 19 $ — $ 7,756 $ (17)

Fair Value of Financial Asset_2

Fair Value of Financial Assets and Liabilities (Tables)	3 Months Ended
	May 01, 2022
Fair Value Disclosures [Abstract]
Fair value measurements, recurring and nonrecurring	Fair Value at Pricing Category May 1, 2022 January 30, 2022 (In millions) Assets Cash equivalents and marketable securities: Money market funds Level 1 $ 419 $ 316 Corporate debt securities Level 2 $ 9,818 $ 9,974 Debt securities issued by the United States Treasury Level 2 $ 6,122 $ 7,300 Debt securities issued by United States government agencies Level 2 $ 2,116 $ 1,612 Certificates of deposit Level 2 $ 1,302 $ 1,561 Foreign government bonds Level 2 $ 185 $ 150 Other assets (Investment in non-affiliated entities): Publicly-held equity securities (1) Level 1 $ 48 $ 58 Privately-held equity securities Level 3 $ 238 $ 208 Liabilities (2) 0.309% Notes Due 2023 Level 2 $ 1,221 $ 1,236 0.584% Notes Due 2024 Level 2 $ 1,191 $ 1,224 3.20% Notes Due 2026 Level 2 $ 995 $ 1,055 1.55% Notes Due 2028 Level 2 $ 1,100 $ 1,200 2.85% Notes Due 2030 Level 2 $ 1,393 $ 1,542 2.00% Notes Due 2031 Level 2 $ 1,071 $ 1,200 3.50% Notes Due 2040 Level 2 $ 903 $ 1,066 3.50% Notes Due 2050 Level 2 $ 1,756 $ 2,147 3.70% Notes Due 2060 Level 2 $ 433 $ 551 (1) Unrealized losses of $24 million and an unrealized gain of $124 million from investments in publicly-traded equity securities were recorded in other income (expense), net, in the first quarter of fiscal years 2023 and 2022, respectively. (2) These liabilities are carried on our Condensed Consolidated Balance Sheets at their original issuance value, net of unamortized debt discount and issuance costs.

Amortizable Intangible Assets_2

Amortizable Intangible Assets and Goodwill (Tables)	3 Months Ended
	May 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of the components of our amortizable intangible assets	The components of our amortizable intangible assets are as follows: May 1, 2022 January 30, 2022 Gross Accumulated Net Carrying Gross Accumulated Net Carrying (In millions) Acquisition-related intangible assets (1) $ 3,253 $ (1,260) $ 1,993 $ 3,418 $ (1,304) $ 2,114 Patents and licensed technology 719 (501) 218 717 (492) 225 Total intangible assets $ 3,972 $ (1,761) $ 2,211 $ 4,135 $ (1,796) $ 2,339 (1) During the first quarter of fiscal year 2023, we commenced amortization of the $630 million in-process research and development intangible asset related to our acquisition of Mellanox.

Balance Sheet Components (Table

Balance Sheet Components (Tables)	3 Months Ended
	May 01, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of inventory	May 1, January 30, 2022 2022 Inventories: (In millions) Raw materials $ 1,119 $ 791 Work in-process 672 692 Finished goods 1,372 1,122 Total inventories $ 3,163 $ 2,605
Summary of other assets	May 1, January 30, 2022 2022 Other assets: (In millions) Prepaid supply agreements $ 2,752 $ 1,747 Prepaid royalties 405 409 Investment in non-affiliated entities 285 266 Advanced consideration for acquisition (1) — 1,353 Other 63 66 Total other assets $ 3,505 $ 3,841
Summary of accrued and other current liabilities	May 1, January 30, 2022 2022 Accrued and Other Current Liabilities: (In millions) Customer program accruals $ 1,088 $ 1,000 Taxes payable 736 132 Deferred revenue (1) 334 300 Accrued payroll and related expenses 327 409 Payables to brokers for unsettled investment trades 325 — Excess inventory purchase obligations 258 196 Other 495 515 Total accrued and other current liabilities $ 3,563 $ 2,552 (1) Deferred revenue primarily includes customer advances and deferrals related to license and development arrangements, support for hardware and software, and cloud services.
Summary of other long-term liabilities	May 1, January 30, 2022 2022 Other Long-Term Liabilities: (In millions) Income tax payable (1) $ 1,051 $ 980 Deferred income tax 257 245 Deferred revenue (2) 203 202 Other 120 126 Total other long-term liabilities $ 1,631 $ 1,553 (1) As of May 1, 2022, income tax payable represents the long-term portion of the one-time transition tax payable of $251 million, unrecognized tax benefits of $733 million, and related interest and penalties of $67 million. As of January 30, 2022, income tax payable represents the long-term portion of the one-time transition tax payable of $251 million, unrecognized tax benefits of $670 million, and related interest and penalties of $59 million. (2) Deferred revenue primarily includes deferrals related to support for hardware and software.
Schedule of changes in deferred revenue	The following table shows the changes in deferred revenue during the first quarter of fiscal years 2023 and 2022: May 1, May 2, 2022 2021 (In millions) Balance at beginning of period $ 502 $ 451 Deferred revenue additions during the period 212 178 Revenue recognized during the period (177) (123) Balance at end of period $ 537 $ 506

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	3 Months Ended
	May 01, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of notional value of our foreign currency forward contracts outstanding	The table below presents the notional value of our foreign currency forward contracts outstanding as of May 1, 2022 and January 30, 2022: May 1, January 30, (In millions) Designated as cash flow hedges $ 1,070 $ 1,023 Not designated for hedge accounting $ 382 $ 408

Debt (Tables)

Debt (Tables)	3 Months Ended
	May 01, 2022
Debt Disclosure [Abstract]
Long-term Debt	The carrying values of our outstanding notes and their associated interest rates were as follows: Carrying Value at Expected Remaining Term (years) Effective May 1, 2022 January 30, 2022 (In millions) 0.309% Notes Due 2023 1.1 0.41% $ 1,250 $ 1,250 0.584% Notes Due 2024 2.1 0.66% 1,250 1,250 3.20% Notes Due 2026 4.4 3.31% 1,000 1,000 1.55% Notes Due 2028 6.1 1.64% 1,250 1,250 2.85% Notes Due 2030 7.9 2.93% 1,500 1,500 2.00% Notes Due 2031 9.1 2.09% 1,250 1,250 3.50% Notes Due 2040 17.9 3.54% 1,000 1,000 3.50% Notes Due 2050 27.9 3.54% 2,000 2,000 3.70% Notes Due 2060 37.9 3.73% 500 500 Unamortized debt discount and issuance costs (53) (54) Net carrying amount $ 10,947 $ 10,946

Commitment and Contingencies (T

Commitment and Contingencies (Tables)	3 Months Ended
	May 01, 2022
Commitments and Contingencies Disclosure [Abstract]
Purchase Obligation, Fiscal Year Maturity	Total future unconditional purchase commitments as of May 1, 2022, are as follows: Commitments (In millions) Fiscal Year: 2023 (excluding first quarter of fiscal year 2023) $ 8,344 2024 2,238 2025 406 2026 48 2027 70 2028 and thereafter 330 Total $ 11,436

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	May 01, 2022
Segment Reporting [Abstract]
Schedule of reportable segments	Graphics Compute & Networking All Other Consolidated (In millions) Three Months Ended May 1, 2022 Revenue $ 4,616 $ 3,672 $ — $ 8,288 Operating income (loss) $ 2,476 $ 1,606 $ (2,214) $ 1,868 Three Months Ended May 2, 2021 Revenue $ 3,451 $ 2,210 $ — $ 5,661 Operating income (loss) $ 1,786 $ 861 $ (691) $ 1,956 Three Months Ended May 1, May 2, (In millions) Reconciling items included in "All Other" category: Acquisition termination cost $ (1,353) $ — Stock-based compensation expense (578) (429) Acquisition-related and other costs (149) (167) Unallocated cost of revenue and operating expenses (127) (90) IP-related and legal settlement costs (7) (5) Total $ (2,214) $ (691)
Schedule of revenue by geographic regions	The following table summarizes information pertaining to our revenue from customers based on the invoicing address by geographic regions: Three Months Ended May 1, May 2, 2022 2021 (In millions) Revenue: Taiwan $ 2,777 $ 1,784 China (including Hong Kong) 2,081 1,391 United States 1,932 768 Other countries 1,498 1,718 Total revenue $ 8,288 $ 5,661
Schedule of revenue by specialized markets	The following table summarizes information pertaining to our revenue by each of the specialized markets we serve: Three Months Ended May 1, May 2, 2022 2021 (In millions) Revenue: Gaming $ 3,620 $ 2,760 Data Center 3,750 2,048 Professional Visualization 622 372 Automotive 138 154 OEM and Other 158 327 Total revenue $ 8,288 $ 5,661

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	Jul. 19, 2021
Accounting Policies [Abstract]
Stock split ratio	4

Business Combination (Details)

Business Combination (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021
Business Acquisition [Line Items]
Advanced consideration to be written off	$ 1,353	$ 0
Arm Limited
Business Acquisition [Line Items]
Advanced consideration to be written off	$ 1,350

Leases - Schedule of future min

Leases - Schedule of future minimum payments (Details) - USD ($) $ in Millions	May 01, 2022	Jan. 30, 2022
Leases [Abstract]
2023 (excluding first quarter of fiscal year 2023)	$ 121
2024	167
2025	144
2026	130
2027	119
2028 and thereafter	318
Total	999
Less imputed interest	100
Present value of net future minimum lease payments	899
Less short-term operating lease liabilities	147
Long-term operating lease liabilities	$ 752	$ 741

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021	Jan. 30, 2022
Lessee, Lease, Description [Line Items]
Operating lease, not yet commenced, amount	$ 755
Operating lease expense	$ 44	$ 39
Weighted average remaining lease term - operating leases	7 years 2 months 12 days		7 years 1 month 6 days
Weighted average discount rate - operating leases	2.51%		2.51%
Minimum
Leases [Abstract]
Lease not yet commenced, term of contract	3 years
Lessee, Lease, Description [Line Items]
Lease not yet commenced, term of contract	3 years
Maximum
Leases [Abstract]
Lease not yet commenced, term of contract	8 years
Lessee, Lease, Description [Line Items]
Lease not yet commenced, term of contract	8 years

Leases - Schedule of other leas

Leases - Schedule of other lease information (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021
Supplemental cash flows information
Operating cash flows used for operating leases	$ 45	$ 39
Operating lease assets obtained in exchange for lease obligations	$ 62	$ 54

Stock-Based Compensation - Allo

Stock-Based Compensation - Allocation of Expense (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021
Share-based Compensation
Stock-based compensation expense	$ 578	$ 429
Cost of revenue
Share-based Compensation
Stock-based compensation expense	38	25
Research and development
Share-based Compensation
Stock-based compensation expense	384	276
Sales, general and administrative
Share-based Compensation
Stock-based compensation expense	$ 156	$ 128

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Equity Award Transactions (Details) shares in Millions	3 Months Ended
	May 01, 2022$ / sharesshares
Number of Shares
RSUs, PSUs and Market-based PSUs, outstanding, beginning balance (in shares) | shares	46
RSUs, PSUs and Market-based PSUs, granted (in shares) | shares	3
RSUs, PSUs and Market-based PSUs, vested (in shares) | shares	(7)
RSUs, PSUs and Market-based PSUs, outstanding, ending balance (in shares) | shares	42
Weighted Average Grant-Date Fair Value Per Share
RSUs, PSUs and Market-based PSUs, weighted average grant date fair value, beginning balance (in dollars per share) | $ / shares	$ 114.19
RSUs, PSUs and Market-based PSUs, weighted average grant date fair value, granted (in dollars per share) | $ / shares	216
RSUs, PSUs and Market-based PSUs, weighted average grant date fair value, vested (in dollars per share) | $ / shares	83.70
RSUs, PSUs and Market-based PSUs, weighted average grant date fair value, ending balance (in dollars per share) | $ / shares	$ 125.32

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) $ in Millions	3 Months Ended
	May 01, 2022USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unearned stock-based compensation expense	$ 4,950
RSUs, PSUs, and Market-based PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated weighted average amortization period	2 years 3 months 18 days
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated weighted average amortization period	1 year 1 month 6 days

Net Income Per Share (Details)

Net Income Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021
Numerator:
Net income	$ 1,618	$ 1,912
Denominator:
Basic weighted average shares (in shares)	2,506	2,484
Dilutive impact of outstanding equity awards (in shares)	31	44
Diluted weighted average shares (in shares)	2,537	2,528
Net income per share:
Basic (in dollars per share)	$ 0.65	$ 0.77
Diluted (in dollars per share)	$ 0.64	$ 0.76
Equity awards excluded from diluted net income per share because their effect would have been anti-dilutive (in shares)	3	4

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021
Income Tax Disclosure [Abstract]
Income tax expense	$ 187	$ 132
Tax expense (benefit) as percentage of income before income tax	10.30%	6.50%

Cash Equivalents and Marketab_3

Cash Equivalents and Marketable Securities - Summary of Securities (Details) - USD ($) $ in Millions	May 01, 2022	Jan. 30, 2022
Summary of cash equivalents and marketable securities:
Amortized Cost	$ 20,006	$ 20,930
Unrealized Gain	3	0
Unrealized Loss	(47)	(17)
Estimated Fair Value	19,962	20,913
Cash Equivalents	3,511	1,695
Marketable Securities	16,451	19,218
Corporate debt securities
Summary of cash equivalents and marketable securities:
Amortized Cost	9,827	9,977
Unrealized Gain	0	0
Unrealized Loss	(9)	(3)
Estimated Fair Value	9,818	9,974
Cash Equivalents	1,232	1,102
Marketable Securities	8,586	8,872
Debt securities issued by the United States Treasury
Summary of cash equivalents and marketable securities:
Amortized Cost	6,157	7,314
Unrealized Gain	3	0
Unrealized Loss	(38)	(14)
Estimated Fair Value	6,122	7,300
Cash Equivalents	1,324	0
Marketable Securities	4,798	7,300
Debt securities issued by United States government agencies
Summary of cash equivalents and marketable securities:
Amortized Cost	2,116	1,612
Unrealized Gain	0	0
Unrealized Loss	0	0
Estimated Fair Value	2,116	1,612
Cash Equivalents	460	256
Marketable Securities	1,656	1,356
Certificates of deposit
Summary of cash equivalents and marketable securities:
Amortized Cost	1,302	1,561
Unrealized Gain	0	0
Unrealized Loss	0	0
Estimated Fair Value	1,302	1,561
Cash Equivalents	41	21
Marketable Securities	1,261	1,540
Money market funds
Summary of cash equivalents and marketable securities:
Amortized Cost	419	316
Unrealized Gain	0	0
Unrealized Loss	0	0
Estimated Fair Value	419	316
Cash Equivalents	419	316
Marketable Securities	0	0
Foreign government bonds
Summary of cash equivalents and marketable securities:
Amortized Cost	185	150
Unrealized Gain	0	0
Unrealized Loss	0	0
Estimated Fair Value	185	150
Cash Equivalents	35	0
Marketable Securities	$ 150	$ 150

Cash Equivalents and Marketab_4

Cash Equivalents and Marketable Securities - Unrealized Losses Aggregated by Investment Category (Details) - USD ($) $ in Millions	May 01, 2022	Jan. 30, 2022
Estimated Fair Value
Less than 12 Months	$ 5,549	$ 7,737
12 Months or Greater	19	19
Total	5,568	7,756
Gross Unrealized Loss
Less than 12 Months	(47)	(17)
12 Months or Greater	0	0
Total	(47)	(17)
Debt securities issued by the United States Treasury
Estimated Fair Value
Less than 12 Months	2,955	5,292
12 Months or Greater	0	0
Total	2,955	5,292
Gross Unrealized Loss
Less than 12 Months	(38)	(14)
12 Months or Greater	0	0
Total	(38)	(14)
Corporate debt securities
Estimated Fair Value
Less than 12 Months	2,594	2,445
12 Months or Greater	19	19
Total	2,613	2,464
Gross Unrealized Loss
Less than 12 Months	(9)	(3)
12 Months or Greater	0	0
Total	$ (9)	$ (3)

Cash Equivalents and Marketab_5

Cash Equivalents and Marketable Securities - Amortized Cost and Estimated Fair Value of Cash Equivalents and Marketable Securities (Details) - USD ($) $ in Millions	May 01, 2022	Jan. 30, 2022
Amortized Cost
Less than one year	$ 15,196	$ 16,346
Due in 1 - 5 years	4,810	4,584
Amortized Cost	20,006	20,930
Estimated Fair Value
Less than one year	15,185	16,343
Due in 1 - 5 years	4,777	4,570
Estimated Fair Value	$ 19,962	$ 20,913

Fair Value of Financial Asset_3

Fair Value of Financial Assets and Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021	Jan. 30, 2022
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	$ 19,962		$ 20,913
Other assets (Investment in non-affiliated entities):
Investment in non-affiliated entities	285		266
Liabilities
Unrealized loss recognized during the period	$ 24
Unrealized gain recognized during the period		$ 124
0.309% Notes Due 2023
Liabilities
Stated interest rate	0.309%
0.584% Notes Due 2024
Liabilities
Stated interest rate	0.584%
3.20% Notes Due 2026
Liabilities
Stated interest rate	3.20%
1.55% Notes Due 2028
Liabilities
Stated interest rate	1.55%
2.85% Notes Due 2030
Liabilities
Stated interest rate	2.85%
2.00% Notes Due 2031
Liabilities
Stated interest rate	2.00%
3.50% Notes Due 2040
Liabilities
Stated interest rate	3.50%
3.50% Notes Due 2050
Liabilities
Stated interest rate	3.50%
3.70% Notes Due 2060
Liabilities
Stated interest rate	3.70%
Money market funds
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	$ 419		316
Corporate debt securities
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	9,818		9,974
Debt securities issued by the United States Treasury
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	6,122		7,300
Debt securities issued by United States government agencies
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	2,116		1,612
Certificates of deposit
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	1,302		1,561
Foreign government bonds
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	185		150
Level 1 | Money market funds
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	419		316
Level 1 | Publicly-held equity securities
Other assets (Investment in non-affiliated entities):
Investment in non-affiliated entities	48		58
Level 2 | 0.309% Notes Due 2023
Liabilities
Notes	1,221		1,236
Level 2 | 0.584% Notes Due 2024
Liabilities
Notes	1,191		1,224
Level 2 | 3.20% Notes Due 2026
Liabilities
Notes	995		1,055
Level 2 | 1.55% Notes Due 2028
Liabilities
Notes	1,100		1,200
Level 2 | 2.85% Notes Due 2030
Liabilities
Notes	1,393		1,542
Level 2 | 2.00% Notes Due 2031
Liabilities
Notes	1,071		1,200
Level 2 | 3.50% Notes Due 2040
Liabilities
Notes	903		1,066
Level 2 | 3.50% Notes Due 2050
Liabilities
Notes	1,756		2,147
Level 2 | 3.70% Notes Due 2060
Liabilities
Notes	433		551
Level 2 | Corporate debt securities
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	9,818		9,974
Level 2 | Debt securities issued by the United States Treasury
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	6,122		7,300
Level 2 | Debt securities issued by United States government agencies
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	2,116		1,612
Level 2 | Certificates of deposit
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	1,302		1,561
Level 2 | Foreign government bonds
Cash equivalents and marketable securities:
Cash equivalents and marketable securities	185		150
Level 3 | Privately-held equity securities
Other assets (Investment in non-affiliated entities):
Investment in non-affiliated entities	$ 238		$ 208

Amortizable Intangible Assets_3

Amortizable Intangible Assets and Goodwill (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021	Jan. 30, 2022
Amortizable intangible assets components
Gross Carrying Amount	$ 3,972		$ 4,135
Accumulated Amortization	(1,761)		(1,796)
Net Carrying Amount	2,211		2,339
Amortization expense	155	$ 137
Increase in carrying amount of goodwill	16
Increase in carrying amount of intangible assets	25
Future amortization expense associated with intangible assets
Remainder of fiscal year 2023	541
Fiscal 2024	597
Fiscal 2025	536
Fiscal 2026	248
Fiscal 2027	143
Fiscal 2028 and thereafter	146
Compute & Networking
Amortizable intangible assets components
Increase in carrying amount of goodwill	14
Graphics
Amortizable intangible assets components
Increase in carrying amount of goodwill	2
Acquisition-related intangible assets
Amortizable intangible assets components
Gross Carrying Amount	3,253		3,418
Accumulated Amortization	(1,260)		(1,304)
Net Carrying Amount	1,993		2,114
Patents and licensed technology
Amortizable intangible assets components
Gross Carrying Amount	719		717
Accumulated Amortization	(501)		(492)
Net Carrying Amount	218		$ 225
In-process Research and Development | Mellanox Technologies, Ltd
Amortizable intangible assets components
IPR&D	$ 630

Balance Sheet Components - Inve

Balance Sheet Components - Inventory (Details) - USD ($) $ in Millions	May 01, 2022	Jan. 30, 2022
Inventories:
Raw materials	$ 1,119	$ 791
Work in-process	672	692
Finished goods	1,372	1,122
Total inventories	$ 3,163	$ 2,605

Balance Sheet Components - Othe

Balance Sheet Components - Other Assets (Details) - USD ($) $ in Millions	May 01, 2022	Jan. 30, 2022
Other assets:
Prepaid supply agreements	$ 2,752	$ 1,747
Prepaid royalties	405	409
Investment in non-affiliated entities	285	266
Advanced consideration for acquisition	0	1,353
Other	63	66
Total other assets	$ 3,505	$ 3,841

Balance Sheet Components - Accr

Balance Sheet Components - Accrued and Other Current Liabilities (Details) - USD ($) $ in Millions	May 01, 2022	Jan. 30, 2022
Accrued and Other Current Liabilities:
Customer program accruals	$ 1,088	$ 1,000
Taxes payable	736	132
Deferred revenue	334	300
Accrued payroll and related expenses	327	409
Payables to brokers for unsettled investment trades	325	0
Excess inventory purchase obligations	258	196
Other	495	515
Total accrued and other current liabilities	$ 3,563	$ 2,552

Balance Sheet Components - Ot_2

Balance Sheet Components - Other Long-Term Liabilities (Details) - USD ($) $ in Millions	May 01, 2022	Jan. 30, 2022
Other Long-Term Liabilities:
Income taxes payable	$ 1,051	$ 980
Deferred income tax	257	245
Deferred revenue	203	202
Other	120	126
Total other long-term liabilities	1,631	1,553
One time transition tax payable, noncurrent	251	251
Unrecognized tax benefits	733	670
Interest and penalties related to unrecognized tax benefits	$ 67	$ 59

Balance Sheet Components - Chan

Balance Sheet Components - Change in Deferred Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021
Change in Deferred Revenue
Balance at beginning of period	$ 502	$ 451
Deferred revenue additions during the period	212	178
Revenue recognized during the period	(177)	(123)
Balance at end of period	$ 537	$ 506

Balance Sheet Components - Reve

Balance Sheet Components - Revenue Remaining Performance Obligation (Details) $ in Millions	May 01, 2022USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 652
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-05-02
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation (as a percent)	47.00%
Expected performance period	12 months

Derivative Financial Instrume_3

Derivative Financial Instruments - Notional Values (Details) - USD ($) $ in Millions	May 01, 2022	Jan. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Designated as cash flow hedges	$ 1,070	$ 1,023
Not designated for hedge accounting	$ 382	$ 408

Derivative Financial Instrume_4

Derivative Financial Instruments - Narrative (Details)	3 Months Ended
	May 01, 2022
Foreign currency forward contracts
Derivative [Line Items]
Maximum maturity period	18 months

Debt - Schedule of Instruments

Debt - Schedule of Instruments (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	Jan. 30, 2022
Debt Instrument [Line Items]
Unamortized debt discount and issuance costs	$ (53)	$ (54)
Net carrying amount	$ 10,947	10,946
0.309% Notes Due 2023
Debt Instrument [Line Items]
Interest rate (as percent)	0.309%
Expected Remaining Term (years)	1 year 1 month 6 days
Effective Interest Rate (as percent)	0.41%
Gross carrying amount	$ 1,250	1,250
0.584% Notes Due 2024
Debt Instrument [Line Items]
Interest rate (as percent)	0.584%
Expected Remaining Term (years)	2 years 1 month 6 days
Effective Interest Rate (as percent)	0.66%
Gross carrying amount	$ 1,250	1,250
3.20% Notes Due 2026
Debt Instrument [Line Items]
Interest rate (as percent)	3.20%
Expected Remaining Term (years)	4 years 4 months 24 days
Effective Interest Rate (as percent)	3.31%
Gross carrying amount	$ 1,000	1,000
1.55% Notes Due 2028
Debt Instrument [Line Items]
Interest rate (as percent)	1.55%
Expected Remaining Term (years)	6 years 1 month 6 days
Effective Interest Rate (as percent)	1.64%
Gross carrying amount	$ 1,250	1,250
2.85% Notes Due 2030
Debt Instrument [Line Items]
Interest rate (as percent)	2.85%
Expected Remaining Term (years)	7 years 10 months 24 days
Effective Interest Rate (as percent)	2.93%
Gross carrying amount	$ 1,500	1,500
2.00% Notes Due 2031
Debt Instrument [Line Items]
Interest rate (as percent)	2.00%
Expected Remaining Term (years)	9 years 1 month 6 days
Effective Interest Rate (as percent)	2.09%
Gross carrying amount	$ 1,250	1,250
3.50% Notes Due 2040
Debt Instrument [Line Items]
Interest rate (as percent)	3.50%
Expected Remaining Term (years)	17 years 10 months 24 days
Effective Interest Rate (as percent)	3.54%
Gross carrying amount	$ 1,000	1,000
3.50% Notes Due 2050
Debt Instrument [Line Items]
Interest rate (as percent)	3.50%
Expected Remaining Term (years)	27 years 10 months 24 days
Effective Interest Rate (as percent)	3.54%
Gross carrying amount	$ 2,000	2,000
3.70% Notes Due 2060
Debt Instrument [Line Items]
Interest rate (as percent)	3.70%
Expected Remaining Term (years)	37 years 10 months 24 days
Effective Interest Rate (as percent)	3.73%
Gross carrying amount	$ 500	$ 500

Debt - Narrative (Details)

Debt - Narrative (Details)	May 01, 2022USD ($)
Debt Instrument [Line Items]
Outstanding commercial paper	$ 0
Commercial Paper
Debt Instrument [Line Items]
Current borrowing capacity	$ 575,000,000

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) - USD ($) $ in Millions	1 Months Ended
	May 27, 2022	May 01, 2022	Jan. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Supply agreements		$ 1,020
Inventory purchase and long-term supply agreements		9,590
Other purchase obligations		1,850
Warranty accrual		$ 55	$ 46
Administrative Order Issued By The SEC | Subsequent Event
Other Commitments [Line Items]
Civil penalty	$ 5.5

Commitment and Contingencies -

Commitment and Contingencies - Summary of Future Commitments Due by Year (Details) $ in Millions	May 01, 2022USD ($)
Fiscal Year:
2023 (excluding first quarter of fiscal year 2023)	$ 8,344
2024	2,238
2025	406
2026	48
2027	70
2028 and thereafter	330
Total	$ 11,436

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021	May 23, 2022
Class of Stock [Line Items]
Number of share repurchased (in shares)	8.6
Share repurchase	$ 1,996
Aggregated number of shares repurchased under stock repurchase program (in shares)	1,050
Aggregated cost of shares repurchased	$ 9,080
Dividends paid	$ 100	$ 99
Subsequent Event
Class of Stock [Line Items]
Remaining authorized repurchase amount			$ 15,000

Segment Information - Summary o

Segment Information - Summary of Segments (Details) $ in Millions	3 Months Ended
	May 01, 2022USD ($)segment	May 02, 2021USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment	2
Segment Reporting Information [Line Items]
Revenue	$ 8,288	$ 5,661
Operating income (loss)	1,868	1,956
Operating Segments | Graphics
Segment Reporting Information [Line Items]
Revenue	4,616	3,451
Operating income (loss)	2,476	1,786
Operating Segments | Compute & Networking
Segment Reporting Information [Line Items]
Revenue	3,672	2,210
Operating income (loss)	1,606	861
All Other
Segment Reporting Information [Line Items]
Revenue	0	0
Operating income (loss)	$ (2,214)	$ (691)

Segment Information - Reconcili

Segment Information - Reconciling Items (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021
Segment Reporting Information [Line Items]
Stock-based compensation expense	$ (578)	$ (429)
Income from operations	1,868	1,956
All Other
Segment Reporting Information [Line Items]
Acquisition termination cost	(1,353)	0
Stock-based compensation expense	(578)	(429)
Acquisition-related and other costs	(149)	(167)
Unallocated cost of revenue and operating expenses	(127)	(90)
IP-related and legal settlement costs	(7)	(5)
Income from operations	$ (2,214)	$ (691)

Segment Information - Revenue (

Segment Information - Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021
Revenues
Revenue	$ 8,288	$ 5,661
Taiwan
Revenues
Revenue	2,777	1,784
China (including Hong Kong)
Revenues
Revenue	2,081	1,391
United States
Revenues
Revenue	1,932	768
Other countries
Revenues
Revenue	$ 1,498	$ 1,718

Segment Information - Schedule

Segment Information - Schedule of Revenue by Market (Details) - USD ($) $ in Millions	3 Months Ended
	May 01, 2022	May 02, 2021
Revenue from External Customer [Line Items]
Revenue	$ 8,288	$ 5,661
Gaming
Revenue from External Customer [Line Items]
Revenue	3,620	2,760
Data Center
Revenue from External Customer [Line Items]
Revenue	3,750	2,048
Professional Visualization
Revenue from External Customer [Line Items]
Revenue	622	372
Automotive
Revenue from External Customer [Line Items]
Revenue	138	154
OEM and Other
Revenue from External Customer [Line Items]
Revenue	$ 158	$ 327

Segment Information - Concentra

Segment Information - Concentration Risk (Details) - Accounts Receivable - Customer Concentration Risk	3 Months Ended	12 Months Ended
	May 01, 2022	Jan. 30, 2022
Significant Customer
Revenue, Major Customer [Line Items]
Concentration risk (as percent)	12.00%
Two Significant Customers
Revenue, Major Customer [Line Items]
Concentration risk (as percent)		22.00%