BlackBerry Limited (BB) 10-Q 23 Sep 21 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Aug. 31, 2021	Sep. 20, 2021
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Aug. 31, 2021
Document Transition Report	false
Entity File Number	001-38232
Entity Registrant Name	BlackBerry Limited
Entity Incorporation, State or Country Code	Z4
Entity Tax Identification Number	98-0164408
Entity Address, Address Line One	2200 University Ave East
Entity Address, City or Town	Waterloo
Entity Address, State or Province	ON
Entity Address, Country	CA
Entity Address, Postal Zip Code	N2K 0A7
City Area Code	(519)
Local Phone Number	888-7465
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		567,010,674
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001070235
Current Fiscal Year End Date	--02-28
NEW YORK STOCK EXCHANGE, INC. [Member]
Document Information [Line Items]
Title of 12(g) Security	Common Shares
Trading Symbol	BB
Security Exchange Name	NYSE

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Aug. 31, 2021	Feb. 28, 2021
Current
Cash and cash equivalents (note 3)	$ 291	$ 214
Short-term investments (note 3)	416	525
Accounts receivable, net of allowance of $9 and $10, respectively (note 4)	121	182
Other receivables	23	25
Income taxes receivable	9	10
Other current assets (note 4)	50	50
Assets, Current, Total	910	1,006
Restricted cash equivalents and restricted short-term investments (note 3)	27	28
Long-term investments (note 3)	38	37
Other long-term assets (note 4)	13	16
Operating lease right-of-use assets, net	57	63
Property, plant and equipment, net (note 4)	44	48
Goodwill (note 4)	848	849
Intangible assets, net (note 4)	695	771
Assets	2,632	2,818
Current
Accounts payable	22	20
Accrued liabilities (note 4)	174	178
Income taxes payable (note 5)	9	6
Deferred revenue, current (note 11)	198	225
Total current liabilities	403	429
Deferred revenue, non-current (note 11)	46	69
Operating lease liabilities	79	90
Other long-term liabilities (note 4)	4	6
Long-term debentures (note 6)	782	720
Total liabilities	1,314	1,314
Capital stock and additional paid-in capital
Preferred shares: authorized unlimited number of non-voting, cumulative, redeemable and retractable	0	0
Common shares: authorized unlimited number of non-voting, redeemable, retractable Class A common shares and unlimited number of voting common shares Issued - 566,994,978 voting common shares (February 28, 2021 - 565,505,328)	2,845	2,823
Deficit	(1,512)	(1,306)
Accumulated other comprehensive loss (note 9)	(15)	(13)
Total shareholders' equity	1,318	1,504
Total liabilities and shareholders' equity	$ 2,632	$ 2,818

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Aug. 31, 2021	Feb. 28, 2021
Statement of Financial Position [Abstract]
Common outstanding (in shares)	566,994,978	565,505,328
Common issued (in shares)	566,994,978	565,505,328
Accounts Receivable, Allowance for Credit Loss	$ 9	$ 10

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Millions	Total	Cumulative Effect, Period of Adoption, Adjustment	Capital Stock and Additional Paid-in Capital	Capital Stock and Additional Paid-in CapitalCumulative Effect, Period of Adoption, Adjustment	Deficit	DeficitCumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive LossCumulative Effect, Period of Adoption, Adjustment
Beginning Balance at Feb. 29, 2020	$ 2,529		$ 2,760		$ (198)		$ (33)
Beginning Balance (Accounting Standards Update 2016-13) at Feb. 29, 2020		$ (4)
Beginning Balance (Accounting Standards Update 2016-02) at Feb. 29, 2020		$ (4)		$ 0		$ (4)		$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(659)				(659)
Other comprehensive income (loss)	20						20
Stock-based compensation	22		22
Exercise of stock options	3		3
Employee share purchase plan	3		3
Ending Balance at Aug. 31, 2020	1,914		2,788		(861)		(13)
Beginning Balance at May. 31, 2020	1,913		2,777		(838)		(26)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(23)				(23)
Other comprehensive income (loss)	13						13
Stock-based compensation	9		9
Exercise of stock options	2		2
Ending Balance at Aug. 31, 2020	1,914		2,788		(861)		(13)
Beginning Balance at Feb. 28, 2021	1,504		2,823		(1,306)		(13)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(206)				(206)
Other comprehensive income (loss)	(2)						(2)
Stock-based compensation	17		17
Exercise of stock options	2		2
Employee share purchase plan	3		3
Ending Balance at Aug. 31, 2021	1,318		2,845		(1,512)		(15)
Beginning Balance at May. 31, 2021	1,456		2,834		(1,368)		(10)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(144)				(144)
Other comprehensive income (loss)	(5)						(5)
Stock-based compensation	10		10
Exercise of stock options	1		1
Ending Balance at Aug. 31, 2021	$ 1,318		$ 2,845		$ (1,512)		$ (15)

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020
Revenue
Revenues	$ 175	$ 259	$ 349	$ 465
Cost of sales
Cost of sales	63	60	123	123
Gross margin	112	199	226	342
Operating expenses
Research and development	58	57	115	114
Selling, marketing and administration	83	79	156	169
Amortization	45	46	91	92
Impairment of goodwill	0	0	0	594
Impairment of long-lived assets	0	21	0	21
Debentures fair value adjustment	67	18	63	19
Total operating expenses	253	221	425	1,009
Operating loss	(141)	(22)	(199)	(667)
Investment loss, net	(1)	(5)	(3)	(5)
Loss before income taxes	(142)	(27)	(202)	(672)
Provision for (recovery of) income taxes (note 5)	2	(4)	4	(13)
Net loss	$ (144)	$ (23)	$ (206)	$ (659)
Loss per share (note 8)
Earnings (Loss) Per Share, Basic (in usd per share)	$ (0.25)	$ (0.04)	$ (0.36)	$ (1.18)
Earnings (Loss) Per Share, Diluted (in usd per share)	$ (0.25)	$ (0.04)	$ (0.36)	$ (1.18)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020
Statement of Comprehensive Income [Abstract]
Net loss	$ (144)	$ (23)	$ (206)	$ (659)
Other comprehensive income (loss)
Net change in fair value and amounts reclassified to net loss from derivatives designated as cash flow hedges during the period, net of income taxes of nil for the three and six months ended August 31, 2021 and August 31, 2020 (note 9)	(2)	4	(1)	3
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(3)	2	(2)	3
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, after Tax	0	7	1	14
Other comprehensive income (loss)	(5)	13	(2)	20
Comprehensive loss	$ (149)	$ (10)	$ (208)	$ (639)

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020
Statement of Comprehensive Income [Abstract]
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax	$ 0	$ 0	$ 0	$ 0
OCI, Foreign Currency Transaction and Translation Gain (Loss), Arising During Period, Tax	0	1	0	1
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, Tax	$ 0	$ 1	$ 0	$ 2

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Cash flows from operating activities
Net loss	$ (206)	$ (659)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization	97	100
Stock-based compensation	17	22
Impairment of goodwill	0	594
Impairment of long-lived assets	0	21
Debentures fair value adjustment	63	19
Operating leases	(8)	(2)
Other	(2)	(3)
Net changes in working capital items
Accounts receivable, net of allowance	61	(29)
Other receivables	2	(11)
Income taxes receivable	1	(3)
Other assets	4	43
Accounts payable	2	(2)
Accrued liabilities	(2)	(21)
Income taxes payable	3	(12)
Deferred revenue	(50)	(57)
Net cash used in operating activities	(18)	0
Cash flows from investing activities
Acquisition of long-term investments	(1)	(1)
Acquisition of property, plant and equipment	(4)	(3)
Acquisition of intangible assets	(14)	(16)
Acquisition of short-term investments	(429)	(320)
Proceeds on sale or maturity of restricted short-term investments	24	0
Proceeds on sale or maturity of short-term investments	537	794
Net cash provided by (used in) investing activities	113	454
Cash flows from financing activities
Issuance of common shares	5	6
Finance Lease, Principal Payments	0	(1)
Net cash provided by financing activities	5	5
Effect of foreign exchange gain on cash, cash equivalents, restricted cash, and restricted cash equivalents	0	1
Net increase in cash, cash equivalents, restricted cash, and restricted cash equivalents during the period	100	460
Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period	218	426
Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period	$ 318	$ 886

Blackberry Limited and Summary

Blackberry Limited and Summary of Significant Accounting Policies and Critical Accounting Estimates	3 Months Ended
	Aug. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Significant Accounting Policies and Critical Accounting Estimates	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND CRITICAL ACCOUNTING ESTIMATES Basis of Presentation and Preparation These interim consolidated financial statements have been prepared by management in accordance with United States generally accepted accounting principles (“U.S. GAAP”). They do not include all of the disclosures required by U.S. GAAP for annual financial statements and should be read in conjunction with the audited consolidated financial statements of BlackBerry Limited (the “Company”) for the year ended February 28, 2021 (the “Annual Financial Statements”), which have been prepared in accordance with U.S. GAAP. In the opinion of management, all normal recurring adjustments considered necessary for fair presentation have been included in these interim consolidated financial statements. Operating results for the three and six months ended August 31, 2021 are not necessarily indicative of the results that may be expected for the full year ending February 28, 2022. The consolidated balance sheet at February 28, 2021 was derived from the audited Annual Financial Statements but does not contain all of the footnote disclosures from the Annual Financial Statements. Certain of the comparative figures have been reclassified to conform to the current period’s presentation. In the first quarter of fiscal 2022, the Chief Operating Decision Maker (“CODM”), who is the Executive Chair and Chief Executive Officer (“CEO”) of the Company, began making decisions and assessing the performance of the Company using three operating segments, whereas the CODM previously made decisions and assessed the performance of the Company as a single operating segment. As a result of the internal reporting reorganization, the Company is now organized and managed as three reportable operating segments: Cyber Security, IoT (collectively, “Software & Services”), and Licensing and Other, as further discussed in Note 11. Risks and Uncertainties In fiscal 2022 and fiscal 2021, the economic downturn and uncertainty caused by the novel coronavirus (“COVID-19”) resulted in the Company making significant judgments related to its estimates and assumptions concerning the impairment of goodwill, indefinite-lived intangible assets, certain operating lease right-of-use (“ROU”) assets and associated property, plant and equipment, and concerning the collectability of receivables. As of the date of issuance of the financial statements, the Company is not aware of any additional events or circumstances which would require it to update its estimates, judgments, or revise the carrying value of its assets or liabilities, other than the COVID-19 pandemic as discussed below in Note 3. These estimates may change, as new events occur and additional information is obtained, and such changes will be recognized in the consolidated financial statements as soon as they become known. Actual results could differ from these estimates and any such differences may be material to the Company’s financial statements. Significant Accounting Policies and Critical Accounting Estimates There have been no material changes to the Company’s accounting policies or critical accounting estimates from those described in the Annual Financial Statements. Accounting Standards Adopted During Fiscal 2022 ASC 740, Income Taxes In December 2019, the Financial Accounting Standards Board (“FASB”) released ASU 2019-12 on the topic of simplifying the accounting for income taxes, as part of its simplification initiative to reduce the cost and complexity in accounting for income taxes. The amendments in this update remove certain exceptions from Topic 740, Income Taxes, including: (i) the exception to the incremental approach for intra-period tax allocation; (ii) the exception to accounting for basis differences when there are ownership changes in foreign investments; and (iii) the exception in interim period income tax accounting for year-to-date losses that exceed anticipated losses. The update also simplifies U.S. GAAP in several other areas of Topic 740 such as: (i) franchise taxes and other taxes partially based on income; (ii) transactions with a government that result in a step up in the tax basis of goodwill; (iii) separate financial statements of entities not subject to tax; and (iv) enacted changes in tax laws in interim periods.

Accounting Pronouncements Not Y

Accounting Pronouncements Not Yet Adopted	6 Months Ended
	Aug. 31, 2021
Accounting Policies [Abstract]
Adoption of Accounting Policies	ACCOUNTING PRONOUNCEMENTS NOT YET ADOPTEDIn August 2020, the FASB issued a new accounting standard on the topic of debt with conversion and other options, ASU 2020-06. The amendment in this update simplifies the accounting for convertible instruments by reducing the number of accounting models available for convertible debt instruments and convertible preferred stock. This update also amends the guidance for the derivatives scope exception for contracts in an entity’s own equity to reduce form-over-substance-based accounting conclusions and requires the application of the if-converted method for calculating diluted earnings per share. The update also requires entities to provide expanded disclosures about the terms and features of convertible instruments, how the instruments have been reported in the entity’s financial statements, and information about events, conditions, and circumstances that can affect how to assess the amount or timing of an entity’s future cash flows related to those instruments. The guidance is effective for interim and annual periods beginning after December 15, 2021. The Company will adopt this guidance in the first quarter of fiscal 2023 and does not expect the adoption to have a material impact on its results of operations, financial position and disclosures.

Fair Value Measurements, Cash,

Fair Value Measurements, Cash, Cash Equivalents and Investments	6 Months Ended
	Aug. 31, 2021
Cash and Cash Equivalents [Abstract]
Fair Value Measurements, Cash, Cash Equivalents and Investments	FAIR VALUE MEASUREMENTS, CASH, CASH EQUIVALENTS AND INVESTMENTS Fair Value The Company defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and considers assumptions that market participants would use in pricing the asset or liability, such as inherent risk, non-performance risk and credit risk. The Company applies the following fair value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value into three levels: • Level 1 - Unadjusted quoted prices at the measurement date for identical assets or liabilities in active markets. • Level 2 - Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. • Level 3 - Significant unobservable inputs that are supported by little or no market activity. The fair value hierarchy also requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Recurring Fair Value Measurements The Company’s cash and cash equivalents, accounts receivable, other receivables, accounts payable and accrued liabilities are measured at an amount that approximates their fair values (Level 2 measurement) due to their short maturities. In determining the fair value of investments held, the Company primarily relies on an independent third-party valuator for the fair valuation of securities. The Company also reviews the inputs used in the valuation process and assesses the pricing of the securities for reasonableness after conducting its own internal collection of quoted prices from brokers. Fair values for all investment categories provided by the independent third-party valuator that are in excess of 0.5% from the fair values determined by the Company are communicated to the independent third-party valuator for consideration of reasonableness. The independent third-party valuator considers the information provided by the Company before determining whether a change in their original pricing is warranted. The Company’s investments largely consist of debt securities issued by major corporate and banking organizations, the provincial and federal governments of Canada, international government banking organizations and the United States Department of the Treasury and are all investment grade. The Company also holds certain private equity investments without readily determinable fair value and a limited amount of public equity securities following the initial public offering by the issuer of a previous private equity investment. For a description of how the fair values of the 1.75% Debentures (as defined in Note 6) and 3.75% Debentures (as defined in Note 6) were determined, see the “Convertible debentures” accounting policies in Note 1 to the Annual Financial Statements. The 1.75% Debentures are classified as Level 3 and the 3.75% Debentures were classified as Level 2. Non-Recurring Fair Value Measurements Upon the occurrence of certain events, the Company re-measures the fair value of long-lived assets, including property, plant and equipment, operating lease ROU assets, intangible assets and goodwill. Goodwill Impairment During the first quarter of fiscal 2021, as a result of the deterioration in economic conditions caused by the global COVID-19 pandemic and its impact on the Company’s reporting units, and the decline of the trading value of the Company’s capital stock below the Company’s consolidated carrying value, the Company determined that it was more likely than not that the fair value of at least one of its reporting units was lower than its carrying value after including goodwill. As a result, the Company completed an analysis of the fair value of its reporting units to compare against their respective carrying values as of May 31, 2020. Based on the results of the goodwill impairment test, it was concluded that the carrying value of one reporting unit exceeded its fair value, necessitating an impairment charge for the amount of excess and reducing the carrying value of goodwill. Consequently, the Company recorded total non-cash goodwill impairment charges of $594 million in the BlackBerry Spark reporting unit (the “Goodwill Impairment Charge”). The estimated fair values of the Company’s other reporting units substantially exceeded their carrying values at May 31, 2020. The Company did not identify any goodwill impairment during its annual impairment test in the fourth quarter of fiscal 2021, and all reporting units substantially exceeded their carrying values. For further discussion of the Goodwill Impairment Charge in fiscal 2021, see Note 3 to the Annual Financial Statements. Cash, Cash Equivalents and Investments The components of cash, cash equivalents and investments by fair value level as at August 31, 2021 were as follows: Cost Basis Unrealized Fair Value Cash and Short-term Long-term Restricted Cash Equivalents Bank balances $ 95 $ — $ 95 $ 95 $ — $ — $ — Other investments 38 — 38 — — 38 — 133 — 133 95 — 38 — Level 1: Equity securities 10 (8) 2 — 2 — — Level 2: Term deposits, certificates of deposits, and GIC's 164 — 164 45 92 — 27 Bankers’ acceptances/bearer deposit notes 42 — 42 34 8 — — Commercial paper 256 — 256 84 172 — — Non-U.S. promissory notes 81 — 81 20 61 — — Non-U.S. government sponsored enterprise notes 77 — 77 — 77 — — Non-U.S. treasury bills/notes 13 — 13 13 — — — Corporate notes/bonds 4 — 4 — 4 — — 637 — 637 196 414 — 27 $ 780 $ (8) $ 772 $ 291 $ 416 $ 38 $ 27 The components of cash, cash equivalents and investments by fair value level as at February 28, 2021 were as follows: Cost Basis Unrealized Fair Value Cash and Short-term Long-term Restricted Cash Equivalents Restricted Short-term Investments Bank balances $ 165 $ — $ 165 $ 165 $ — $ — $ — $ — Other investments 37 — 37 — — 37 — — 202 — 202 165 — 37 — — Level 1: Equity securities 10 (7) 3 — 3 — — — Level 2: Term deposits, certificates of deposits, and GICs 138 — 138 7 103 — 4 24 Bearer deposit notes 40 — 40 — 40 — — — Commercial paper 162 — 162 15 147 — — — Non-U.S. promissory notes 55 — 55 26 29 — — — Non-U.S. government sponsored enterprise notes 154 — 154 1 153 — — — Non-U.S. treasury bills/notes 25 — 25 — 25 — — — Corporate notes/bonds 25 — 25 — 25 — — — 599 — 599 49 522 — 4 24 $ 811 $ (7) $ 804 $ 214 $ 525 $ 37 $ 4 $ 24 As at August 31, 2021, the Company had private equity investments without readily determinable fair value of $38 million (February 28, 2021 - $37 million). There were no realized gains or losses on available-for-sale securities for the three and six months ended August 31, 2021 (realized losses of nil for the three and six months ended August 31, 2020). The Company has restricted cash and cash equivalents, consisting of cash and securities pledged as collateral to major banking partners in support of the Company’s requirements for letters of credit. These letters of credit support certain leasing arrangements entered into in the ordinary course of business. The letters of credit are for terms ranging from one four The following table provides a reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents as at August 31, 2021 and February 28, 2021 from the consolidated balance sheets to the consolidated statements of cash flows: As at August 31, 2021 February 28, 2021 Cash and cash equivalents $ 291 $ 214 Restricted cash and cash equivalents 27 4 Total cash, cash equivalents, restricted cash, and restricted cash equivalents presented in the consolidated statements of cash flows $ 318 $ 218 The contractual maturities of available-for-sale investments as at August 31, 2021 and February 28, 2021 were as follows: As at August 31, 2021 February 28, 2021 Cost Basis Fair Value Cost Basis Fair Value Due in one year or less $ 637 $ 637 $ 599 $ 599 No fixed maturity 10 2 10 3 $ 647 $ 639 $ 609 $ 602

Consolidated Balance Sheets Det

Consolidated Balance Sheets Details	6 Months Ended
	Aug. 31, 2021
Balance Sheet Related Disclosures [Abstract]
Consolidated Balance Sheet Details	4. CONSOLIDATED BALANCE SHEET DETAILS Accounts Receivable, Net of Allowance The allowance for credit losses as at August 31, 2021 was $9 million (February 28, 2021 - $10 million). The Company recognizes current estimated credit losses for accounts receivable, net of allowance. The cumulative expected credit losses (“CECL”) for accounts receivable, net are estimated based on days past due and region for each customer in relation to a representative pool of assets consisting of a large number of customers with similar risk characteristics that operate under similar economic environments. The Company determined the CECL by estimating historical credit loss experience based on the past due status and region of the customers, adjusted as appropriate to reflect current conditions and estimates of future economic conditions, inclusive of the effect of the COVID-19 pandemic on credit losses. The duration and severity of the COVID-19 pandemic and the resulting market volatility are highly uncertain and, as such, the impact on expected credit losses is subject to significant judgment and may cause variability in the Company’s allowance for credit losses in future periods. When specific customers are identified as no longer sharing the same risk profile as their current pool, they are removed from the pool and evaluated separately. The Company also has long-term accounts receivable included in Other Long-term Assets. The CECL for long-term accounts receivable is estimated using the probability of default method and the default exposure due to limited historical information. The exposure of default is represented by the assets’ amortized carrying amount at the reporting date. The following table sets forth the activity in the Company’s allowance for credit losses: As at August 31, 2021 Beginning balance as of February 29, 2020 $ 9 Impact of adopting ASC 326 4 Prior period recovery for expected credit losses (3) Ending balance of the allowance for credit loss as at February 28, 2021 10 Current period recovery for expected credit losses (1) Ending balance of the allowance for credit loss as at August 31, 2021 $ 9 The allowance for credit losses as at August 31, 2021 consists of $2 million (February 28, 2021 - $3 million) relating to CECL estimated based on days past due and region and $7 million (February 28, 2021 - $7 million) relating to specific customers that were evaluated separately. There was one customer that comprised more than 10% of accounts receivable as at August 31, 2021 (February 28, 2021 - one customer comprised more than 10%). Other Current Assets As at August 31, 2021 and February 28, 2021, other current assets included items such as the current portion of deferred commissions and prepaid expenses, among other items, none of which were greater than 5% of the current assets balance in all periods presented. Property, Plant and Equipment, Net Property, plant and equipment comprised the following: As at August 31, 2021 February 28, 2021 Cost Buildings, leasehold improvements and other $ 53 $ 67 BlackBerry operations and other information technology 93 110 Manufacturing, repair and research and development equipment 71 72 Furniture and fixtures 9 10 226 259 Accumulated amortization 182 211 Net book value $ 44 $ 48 Intangible Assets, Net Intangible assets comprised the following: As at August 31, 2021 Cost Accumulated Net Book Acquired technology $ 1,023 $ 747 $ 276 Intellectual property 500 314 186 Other acquired intangibles 494 261 233 $ 2,017 $ 1,322 $ 695 As at February 28, 2021 Cost Accumulated Net Book Acquired technology $ 1,023 $ 712 $ 311 Intellectual property 498 299 199 Other acquired intangibles 494 233 261 $ 2,015 $ 1,244 $ 771 For the six months ended August 31, 2021, amortization expense related to intangible assets amounted to $89 million (six months ended August 31, 2020 - $89 million) Total additions to intangible assets for six months ended August 31, 2021 amounted to $14 million (six months ended August 31, 2020 - $16 million). During the six months ended August 31, 2021, additions to intangible assets primarily consisted of payments for intellectual property relating to patent maintenance, registration and license fees. Based on the carrying value of the identified intangible assets as at August 31, 2021, and assuming no subsequent impairment of the underlying assets, the annual amortization expense for the remainder of fiscal 2022 and each of the five succeeding years is expected to be as follows: fiscal 2022 - $73 million; fiscal 2023 - $120 million; fiscal 2024 - $110 million; fiscal 2025 - $102 million; fiscal 2026 - $96 million and fiscal 2027 - $88 million. Goodwill Changes to the carrying amount of goodwill during the six months ended August 31, 2021 were as follows: Carrying Amount Carrying amount as at February 29, 2020 $ 1,437 Goodwill impairment charge (see note 3) (594) Effect of foreign exchange on non-U.S. dollar denominated goodwill 6 Carrying amount as at February 28, 2021 849 Effect of foreign exchange on non-U.S. dollar denominated goodwill (1) Carrying amount as at August 31, 2021 $ 848 Other Long-term Assets As at August 31, 2021 and February 28, 2021, other long-term assets included long-term portion of deferred commission and long-term receivables, among other items, none of which were greater than 5% of total assets in any of the periods presented. Accrued Liabilities Accrued liabilities comprised the following: As at August 31, 2021 February 28, 2021 Operating lease liabilities, current 30 33 Other 144 145 $ 174 $ 178 Other accrued liabilities include accrued royalties, accrued director fees, accrued vendor liabilities, accrued carrier liabilities, variable incentive accrual and payroll withholding taxes, among other items, none of which were greater than 5% of the current liabilities balance. Other Long-term Liabilities Other long-term liabilities consist of the long-term portion of finance lease liabilities and non-lease component liabilities related to the Company’s previous Resource Allocation Program entered into in order to transition the Company from a legacy hardware manufacturer to a licensing driven software business.

Income Taxes

Income Taxes	6 Months Ended
	Aug. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES For the six months ended August 31, 2021, the Company’s net effective income tax expense rate was approximately 2% compared to a net effective income tax recovery rate of 2% for the six months ended August 31, 2020. The Company’s income tax rate reflects the change in unrecognized income tax benefit, if any, and the fact that the Company has a significant valuation allowance against its deferred income tax assets, and in particular, the change in fair value of the Debentures (as defined in Note 6), amongst other items, is offset by a corresponding adjustment of the valuation allowance. The Company’s net effective income tax rate also reflects the geographic mix of earnings in jurisdictions with different income tax rates. The Company’s total unrecognized income tax benefits as at August 31, 2021 were $19 million (February 28, 2021 - $24 million). As at August 31, 2021, $19 million of the unrecognized income tax benefits have been netted against deferred income tax assets and nil has been recorded within income taxes payable on the Company’s consolidated balance sheets. The Company is subject to ongoing examination by tax authorities in certain jurisdictions in which it operates. The Company regularly assesses the status of these examinations and the potential for adverse outcomes to determine the adequacy of the provision for income taxes as well as the provisions for indirect and other taxes and related penalties and interest. While the final resolution of audits is uncertain, the Company believes the ultimate resolution of these audits will not have a material adverse effect on its consolidated financial position, liquidity or results of operations.

Debentures

Debentures	3 Months Ended
	Aug. 31, 2021
Debt Disclosure [Abstract]
Debentures	DEBENTURES 1.75% Convertible Debentures On September 1, 2020, Hamblin Watsa Investment Counsel Ltd., in its capacity as investment manager of Fairfax Financial Holdings Limited ("Fairfax"), and another institutional investor invested in the Company through a $365 million private placement of new debentures (the “1.75% Debentures”), which replaced $605 million of debentures issued in a private placement on September 7, 2016 (the “3.75% Debentures”) as described below (collectively, the “Debentures”). Due to the conversion option and other embedded derivatives within the 1.75% Debentures, and consistent with the Company’s accounting for the 3.75% Debentures, the Company has elected to record the 1.75% Debentures, including the debt itself and all embedded derivatives, at fair value and present the 1.75% Debentures as a single hybrid financial instrument. No portion of the fair value of the 1.75% Debentures has been recorded as equity, nor would be if the embedded derivatives were bifurcated from the host debt contract. Each period, the fair value of the 1.75% Debentures is recalculated and resulting gains and losses from the change in fair value of the Debentures associated with non-credit components are recognized in income, while the change in fair value associated with credit components is recognized in accumulated other comprehensive loss (“AOCL”). The fair value of the Debentures has been determined using the significant Level 2 inputs interest rate curves and any observable trades of the Debentures that may have occurred during the period, the market price and volatility of the Company’s listed common shares, and the significant Level 3 inputs related to credit spread and the implied discount of the 1.75% Debentures at issuance. The Company originally determined its credit spread by calibrating to observable trades of the 3.75% Debentures and trending the calibrated spread to valuation dates utilizing an appropriate credit index. The Company’s credit spread was determined to be 7.90% as of the issuance date of the 1.75% Debentures and 6.46% as of August 31, 2021. An increase in credit spread will result in a decrease in the fair value of 1.75% Debentures and vice versa. The fair value of the 1.75% Debentures on September 1, 2020 was determined to be approximately $456 million and the implied discount approximately $91 million. The Company determined the implied discount on the 1.75% Debentures by calculating the fair value of the 1.75% Debentures on September 1, 2020 utilizing the above credit spread and other inputs described above. The following table summarizes the change in fair value of the 1.75% Debentures for the six months ended August 31, 2021, which also represents the total changes through earnings of items classified as Level 3 in the fair value hierarchy: As at August 31, 2021 Balance as at February 28, 2021 $ 720 Change in fair value of the Debentures 62 Balance as at August 31, 2021 $ 782 The difference between the fair value of the 1.75% Debentures and the unpaid principal balance of $365 million is $417 million. The following table shows the impact of the changes in fair value of the 1.75% Debentures for the three and six months ended August 31, 2021 and August 31, 2020: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Charge associated with the change in fair value from non-credit components recorded in the consolidated statements of operations $ (67) $ — $ (63) $ — Income associated with the change in fair value from instrument-specific credit components recorded in AOCL — — 1 — Total increase in the fair value of the 1.75% Debentures $ (67) $ — $ (62) $ — For the three and six months ended August 31, 2021, the Company recorded interest expense related to the Debentures of $2 million and $3 million, respectively, which has been included in investment loss, net on the Company’s consolidated statements of operations (three and six months ended August 31, 2020 - $6 million and $11 million). Fairfax, a related party under U.S. GAAP due to its beneficial ownership of common shares in the Company after taking into account potential conversion of the Debentures, owned $500 million principal amount of the 3.75% Debentures and purchased $330 million principal amount of the 1.75% Debentures. As such, the redemption of Fairfax’s portion of the 3.75% Debentures, the investment by Fairfax in the 1.75% Debentures and the payment of interest on the Debentures to Fairfax represent related party transactions. Fairfax receives interest at the same rate as other holders of the Debentures. 3.75% Convertible Debentures On September 7, 2016, Fairfax and other institutional investors invested in the Company through a $605 million private placement of the 3.75% Debentures. On July 22, 2020, the Company announced that, with the required approval of the holders of the 3.75% Debentures, it would redeem the 3.75% Debentures for a redemption amount of approximately $615 million (the “Redemption Amount”), which would settle all outstanding obligations of the Company in respect of the 3.75% Debentures. The redemption was completed on September 1, 2020. As the Redemption Amount represented fair value at August 31, 2020 and the Company elected the fair value option for the 3.75% Debentures, the impact to the consolidated statements of operations of the redemption on the fair value was recorded in the second quarter of fiscal 2021. The following table shows the impact of the changes in fair value of the 3.75% Debentures for the three and six months ended August 31, 2021 and August 31, 2020: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Charge associated with the change in fair value from non-credit components recorded in the consolidated statements of operations $ — $ (18) $ — $ (19) Income associated with the change in fair value from instrument-specific credit components recorded in AOCL — 7 — 15 Total decrease in the fair value of the 3.75% Debentures $ — $ (11) $ — $ (4)

Capital Stock

Capital Stock	6 Months Ended
	Aug. 31, 2021
Equity [Abstract]
Capital Stock	CAPITAL STOCK The following details the changes in issued and outstanding common shares for the six months ended August 31, 2021: Capital Stock and Stock Amount Common shares outstanding as at February 28, 2021 565,505 $ 2,823 Exercise of stock options 379 2 Common shares issued for restricted share unit settlements 732 — Stock-based compensation — 17 Common shares issued for employee share purchase plan 379 3 Common shares outstanding as at August 31, 2021 566,995 $ 2,845 The Company had 567 million voting common shares outstanding, 1 million options to purchase voting common shares, 20 million RSUs and 1 million DSUs outstanding as at September 20, 2021. In addition, 60.8 million common shares are issuable upon conversion in full of the 1.75% Debentures as described in Note 6.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	6 Months Ended
	Aug. 31, 2021
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	LOSS PER SHARE The following table sets forth the computation of basic and diluted loss per share: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Net loss for basic and diluted loss per share available to common shareholders (1) $ (144) $ (23) $ (206) $ (659) Weighted average number of shares outstanding (000’s) - basic and diluted (1) (2) (3) 568,082 558,882 567,724 558,365 Loss per share - reported Basic $ (0.25) $ (0.04) $ (0.36) $ (1.18) Diluted $ (0.25) $ (0.04) $ (0.36) $ (1.18) ______________________________ (1) The Company has not presented the dilutive effect of the Debentures using the if-converted method in the calculation of diluted loss per share for the three and six months ended August 31, 2021 and August 31, 2020, as to do so would be antidilutive. See Note 6 for details on the Debentures. (2) The three and six months ended August 31, 2021, includes approximately 1,421,945 common shares (Exchange Shares) remaining to be issued on the third anniversary date of the Cylance acquisition completed on February 21, 2019, in consideration for the acquisition. The three and six months ended August 31, 2020, includes approximately 2,802,067 common shares to be issued in equal installments on the two anniversary dates of the Cylance acquisition thereafter, in consideration for the acquisition. There are no service or other requirements associated with the issuance of these shares. (3) The Company has not presented the dilutive effect of in-the-money options and RSUs that will be settled upon vesting by the issuance of new common shares in the calculation of diluted loss per share for the three and six months ended August 31, 2021 and August 31, 2020, as to do so would be antidilutive.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Aug. 31, 2021
Equity [Abstract]
Accumulated Other Comprehensive Loss	9. ACCUMULATED OTHER COMPREHENSIVE LOSS The changes in AOCL by component net of tax, for the three and six months ended August 31, 2021 and August 31, 2020 were as follows: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Cash Flow Hedges Balance, beginning of period $ 2 $ (2) $ 1 $ (1) Other comprehensive income (loss) before reclassification (2) 3 — 1 Amounts reclassified from AOCL into net loss — 1 (1) 2 Accumulated net unrealized gains (losses) on derivative instruments designated as cash flow hedges $ — $ 2 $ — $ 2 Foreign Currency Cumulative Translation Adjustment Balance, beginning of period $ (3) $ (8) $ (4) $ (9) Other comprehensive income (loss) before reclassification (3) 2 (2) 3 Foreign currency cumulative translation adjustment $ (6) $ (6) $ (6) $ (6) Change in Fair Value From Instrument-Specific Credit Risk On Debentures Balance, beginning of period $ (8) $ (15) $ (9) $ (22) Other comprehensive income before reclassification — 7 1 14 Change in fair value from instruments-specific credit risk on Debentures $ (8) $ (8) $ (8) $ (8) Other Post-Employment Benefit Obligations Actuarial losses associated with other post-employment benefit obligations $ (1) $ (1) $ (1) $ (1) Accumulated Other Comprehensive Loss, End of Period $ (15) $ (13) $ (15) $ (13)

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Aug. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES (a) Letters of Credit The Company had $27 million in collateralized outstanding letters of credit in support of certain leasing arrangements entered into in the ordinary course of business as of August 31, 2021. See the discussion of restricted cash in Note 3. (b) Contingencies Litigation The Company is involved in litigation in the normal course of its business, both as a defendant and as a plaintiff. The Company is subject to a variety of claims (including claims related to patent infringement, purported class actions and other claims in the normal course of business) and may be subject to additional claims either directly or through indemnities against claims that it provides to certain of its partners and customers. In particular, the industry in which the Company competes has many participants that own, or claim to own, intellectual property, including participants that have been issued patents and may have filed patent applications or may obtain additional patents and proprietary rights for technologies similar to those used by the Company in its products. The Company has received, and may receive in the future, assertions and claims from third parties that the Company’s products infringe on their patents or other intellectual property rights. Litigation has been, and will likely continue to be, necessary to determine the scope, enforceability and validity of third-party proprietary rights or to establish the Company’s proprietary rights. Regardless of whether claims against the Company have merit, those claims could be time-consuming to evaluate and defend, result in costly litigation, divert management’s attention and resources and subject the Company to significant liabilities. Management reviews all of the relevant facts for each claim and applies judgment in evaluating the likelihood and, if applicable, the amount of any potential loss. Where a potential loss is considered probable and the amount is reasonably estimable, provisions for loss are made based on management’s assessment of the likely outcome. Where a range of loss can be reasonably estimated with no best estimate in the range, the Company records the minimum amount in the range. The Company does not provide for claims for which the outcome is not determinable or claims for which the amount of the loss cannot be reasonably estimated. Any settlements or awards under such claims are provided for when reasonably determinable. As of August 31, 2021, there are no material claims outstanding for which the Company has assessed the potential loss as both probable to result and reasonably estimable; therefore, no accrual has been made. Further, there are claims outstanding for which the Company has assessed the potential loss as reasonably possible to result; however, an estimate of the amount of loss cannot reasonably be made. There are many reasons that the Company cannot make these assessments, including, among others, one or more of the following: the early stages of a proceeding does not require the claimant to specifically identify the patent claims that have allegedly been infringed or the products that are alleged to infringe; damages sought are unspecified, unsupportable, unexplained or uncertain; discovery has not been started or is incomplete; the facts that are in dispute are highly complex (e.g., once a patent is identified, the analysis of the patent and a comparison to the activities of the Company is a labour-intensive and highly technical process); the difficulty of assessing novel claims; the parties have not engaged in any meaningful settlement discussions; the possibility that other parties may share in any ultimate liability; and the often slow pace of litigation. The Company has included the following summaries of certain of its legal proceedings though they do not meet the test for accrual described above. Between October and December 2013, several purported class action lawsuits and one individual lawsuit were filed against the Company and certain of its former officers in various jurisdictions in the U.S. and Canada alleging that the Company and certain of its officers made materially false and misleading statements regarding the Company’s financial condition and business prospects and that certain of the Company’s financial statements contain material misstatements. The individual lawsuit was voluntarily dismissed. On March 14, 2014, the four putative U.S. class actions were consolidated in the U.S. District Court for the Southern District of New York, and on May 27, 2014, a consolidated amended class action complaint was filed. On March 13, 2015, the Court issued an order granting the Company’s motion to dismiss. The Court denied the plaintiffs’ motion for reconsideration and for leave to file an amended complaint on November 13, 2015. On August 24, 2016, the U.S. Court of Appeals for the Second Circuit affirmed the District Court order dismissing the complaint, but vacated the order denying leave to amend and remanded to the District Court for further proceedings in connection with the plaintiffs’ request for leave to amend. The Court granted the plaintiffs’ motion for leave to amend on September 13, 2017. On September 29, 2017, the plaintiffs filed a second consolidated amended class action complaint (the “Second Amended Complaint”), which added the Company’s former Chief Legal Officer as a defendant. The Court denied the motion to dismiss the Second Amended Complaint on March 19, 2018. On January 4, 2019, the Court issued an order placing the case on its suspense calendar but allowed fact and expert discovery to continue. On August 2, 2019, the Magistrate Judge issued a Report and Recommendation that the Court grant the defendants’ motion for judgment on the pleadings dismissing the claims of additional plaintiffs Cho and Ulug. On September 24, 2019, the District Court Judge accepted the Magistrate Judge’s recommendation and dismissed the claims of Cho and Ulug against all defendants. On October 17, 2019, Cho and Ulug filed a Notice of Appeal. The District Court removed the case from its suspense calendar on May 29, 2020. Plaintiffs filed a motion for class certification on June 8, 2020. All discovery was completed as of November 13, 2020. On January 26, 2021, the District Court granted the plaintiffs’ motion for class certification. The class includes “all persons who purchased or otherwise acquired the common stock of BlackBerry Limited on the NASDAQ during the period from March 28, 2013, through and including September 20, 2013 (the “Class Period”).” The class excludes (a) all persons and entities who purchased or otherwise acquired BlackBerry Limited common stock between March 28, 2013, and April 10, 2013, and who sold all their BlackBerry Limited common stock before April 11, 2013, and (b) the Defendants, officers and directors of BlackBerry Limited, members of their immediate families and their legal representatives, heirs, successors, or assigns, and any entity in which any of the Defendants have or had a controlling interest. On February 9, 2021, the defendants filed a Rule 23(f) petition for interlocutory review of the class certification order with the Second Circuit Court of Appeals. The Second Circuit Court of Appeals denied the Rule 23(f) petition on June 23, 2021. The Second Circuit Court of Appeals affirmed the District Court judgment dismissing Cho and Ulug’s claims on March 11, 2021, and denied Cho and Ulug’s petition for panel rehearing and rehearing en banc on April 28, 2021. On April 19, 2021, Defendants filed a motion for summary judgment, and both parties filed Daubert motions to exclude the testimony of the oppositions’ marketing and accounting experts. Both sides filed oppositions to these motions on June 21, 2021. Defendants filed a reply in support of their summary judgment motion and a motion to strike Plaintiffs’ response to Defendants’ separate statement of undisputed facts on July 22, 2021. Plaintiffs filed an opposition to the motion to strike on August 5, 2021, and Defendants filed a reply in support on August 10, 2021. On August 13, 2021, Plaintiffs filed an unopposed motion for approval of a class notice plan. On September 10, 2021, the Court (i) granted in part and denied in part the parties’ Daubert motions and (ii) granted the plaintiffs’ unopposed motion for approval of the class notice plan. On May 5, 2021, the parties participated in a mediation with the Hon. Layn Phillips (ret.), which did not result in an agreement. The Court has not set a trial date. On July 23, 2014, the plaintiffs in the putative Ontario class action filed a motion for certification and leave to pursue statutory misrepresentation claims. On November 16, 2015, the Ontario Superior Court of Justice issued an order granting the plaintiffs’ motion for leave to file a statutory claim for misrepresentation. On December 2, 2015, the Company filed a notice of motion seeking leave to appeal this ruling. On January 22, 2016, the Court postponed the hearing on the plaintiffs’ certification motion to an undetermined date after asking the Company to file a motion to dismiss the claims of the U.S. plaintiffs for forum non conveniens. Before that motion was heard, the parties agreed to limit the class to purchasers who reside in Canada or purchased on the Toronto Stock Exchange. On November 15, 2018, the Court denied the Company’s motion for leave to appeal the order granting the plaintiffs leave to file a statutory claim for misrepresentation. On February 5, 2019, the Court entered an order certifying a class comprised persons (a) who purchased BlackBerry common shares between March 28, 2013, and September 20, 2013, and still held at least some of those shares as of September 20, 2013, and (b) who acquired those shares on a Canadian stock exchange or acquired those shares on any other stock exchange and were a resident of Canada when the shares were acquired. Notice of class certification was published on March 6, 2019. The Company filed its Statement of Defence on April 1, 2019, and discovery is proceeding. On February 15, 2017, a putative employment class action was filed against the Company in the Ontario Superior Court of Justice. The Statement of Claim alleges that actions the Company took when certain of its employees decided to accept offers of employment from Ford Motor Company of Canada amounted to a wrongful termination of the employees’ employment with the Company. The claim seeks (i) an unspecified quantum of statutory, contractual, or common law termination entitlements; (ii) punitive or breach of duty of good faith damages of CAD$20,000,000, or such other amount as the Court finds appropriate, (iii) pre- and post- judgment interest, (iv) attorneys’ fees and costs, and (v) such other relief as the Court deems just. The Court granted the plaintiffs’ motion to certify the class action on May 27, 2019. The Company commenced a motion for leave to appeal the certification order on June 11, 2019. The Court denied the motion for leave to appeal on September 17, 2019. The Company filed its Statement of Defence on December 19, 2019, and discovery is proceeding. Other contingencies In the first quarter of fiscal 2019, the Board approved a compensation package for the Company’s Executive Chair and CEO as an incentive to remain as Executive Chair until November 23, 2023. As part of the package, the Company’s Executive Chair and CEO is entitled to receive a contingent performance-based cash award in the amount of $90 million that will become earned and payable should the 10-day average closing price of the Company’s common shares on the New York Stock Exchange reach $30 before November 3, 2023. As the award is triggered by the Company’s share price, it is considered stock-based compensation and accounted for as a share-based liability award. As at August 31, 2021, the liability recorded in association with this award is approximately $11 million (February 28, 2021 - $8 million). As at August 31, 2021, the Company has recognized $17 million (February 28, 2021 - $15 million) in funds from claims filed with the Ministry of Innovation, Science and Economic Development Canada relating to its Strategic Innovation Fund program’s investment in BlackBerry QNX. A portion of this amount may be repayable in the future under certain circumstances if certain terms and conditions are not met by the Company, which is not probable at this time. (c) Concentrations in Certain Areas of the Company’s Business The Company attempts to ensure that most components essential to the Company’s business are generally available from multiple sources; however, certain components are currently obtained from limited sources within a competitive market, which subjects the Company to supply, availability and pricing risks. The Company has also entered into various agreements for the supply of components, and the manufacturing of its products; however, there can be no guarantee that the Company will be able to extend or renew these agreements on similar terms, or at all. Therefore, the Company remains subject to risks of supply shortages. (d) Indemnifications The Company enters into certain agreements that contain indemnification provisions under which the Company could be subject to costs and damages, including in the event of an infringement claim against the Company or an indemnified

Revenue and Segment Disclosures

Revenue and Segment Disclosures	6 Months Ended
	Aug. 31, 2021
Segment Reporting [Abstract]
Revenue and Segment Disclosures	REVENUE AND SEGMENT DISCLOSURES The Company reports segment information based on the “management” approach. The management approach designates the internal reporting used by the CODM for making decisions and assessing performance as a source of the Company’s reportable operating segments. In the first quarter of fiscal 2022, the CODM, who is the Executive Chair and CEO of the Company, began making decisions and assessing the performance of the Company using three operating segments, whereas the CODM previously made decisions and assessed the performance of the Company as a single operating segment. The CODM does not evaluate operating segments using discrete asset information. The Company does not specifically allocate assets to operating segments for internal reporting purposes. Segment Disclosures The Company is now organized and managed as three operating segments: Cyber Security, IoT, and Licensing and Other. Prior year information has been restated to conform to the current year presentation of the Company’s segment information. The following table shows information by operating segment for the three and six months ended August 31, 2021 and August 31, 2020: For the Three Months Ended Cyber Security IoT Licensing and Other Segment Totals August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Segment revenue $ 120 $ 120 $ 40 $ 31 $ 15 $ 108 $ 175 $ 259 Segment cost of sales 49 46 7 6 6 7 62 59 Segment gross margin (1) $ 71 $ 74 $ 33 $ 25 $ 9 $ 101 $ 113 $ 200 For the Six Months Ended Cyber Security IoT Licensing and Other Segment Totals August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Segment revenue $ 227 $ 239 $ 83 $ 60 $ 39 $ 166 $ 349 $ 465 Segment cost of sales 95 93 14 12 12 15 121 120 Segment gross margin (1) $ 132 $ 146 $ 69 $ 48 $ 27 $ 151 $ 228 $ 345 ______________________________ (1) A reconciliation of total segment gross margin to consolidated totals is set forth below. Cyber Security consists of the Company’s BlackBerry Spark® software platform, BlackBerry® AtHoc, BlackBerry® Alert and SecuSUITE. The BlackBerry Spark platform is a comprehensive offering of security software products and services, including the BlackBerry Spark® Unified Endpoint Security Suite and the BlackBerry Spark® Unified Endpoint Management (“UEM”) Suite, which are also marketed together as the BlackBerry Spark® Suites, offering the Company’s broadest range of tailored cybersecurity and endpoint management options. The BlackBerry Spark UES Suite includes revenue from the Company’s Cylance® artificial intelligence and machine learning-based platform consisting of BlackBerry® Protect, BlackBerry® Optics, BlackBerry® Persona, BlackBerry® Gateway, BlackBerry® Guard managed services and other cybersecurity applications. In addition, the Company offers the BlackBerry Cyber Suite, a UEM-agnostic version of its BlackBerry Spark UES Suite. The BlackBerry Spark UEM Suite includes the Company’s BlackBerry® UEM, BlackBerry® Dynamics™, and BlackBerry® Workspaces solutions. Cyber Security revenue is generated predominantly through software licenses, commonly bundled with support, maintenance and professional services. IoT consists of BlackBerry QNX®, BlackBerry Certicom®, BlackBerry Radar®, BlackBerry IVY™ and other IoT applications. IoT revenue is generated predominantly through software licenses, commonly bundled with support, maintenance and professional services. Licensing and Other consists of the Company’s intellectual property arrangements and settlement awards. Other consists of the Company’s legacy service access fees (“SAF”) business. The following table reconciles total segment gross margin for the three and six months ended August 31, 2021 and August 31, 2020 to the Company’s consolidated totals: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Total segment gross margin $ 113 $ 200 228 $ 345 Adjustments (1) : Less: Cost of sales 1 1 2 3 Less: Research & development 58 57 115 114 Selling, marketing and administration 83 79 156 169 Amortization 45 46 91 92 Impairment of long-lived assets — 21 — 21 Impairment of goodwill — — — 594 Debentures fair value adjustment 67 18 63 19 Investment loss, net 1 5 3 5 Consolidated loss before income taxes $ (142) $ (27) $ (202) $ (672) ______________________________ (1) The CODM reviews segment information on an adjusted basis, which excludes certain amounts as described below: Stock compensation expenses - Equity compensation is a non-cash expense and does not impact the ongoing operating decisions taken by the Company’s management. Revenue The Company disaggregates revenue from contracts with customers based on geographical regions, timing of revenue recognition, and the major product and service types, as discussed above in “Segment Disclosures”. The Company’s revenue, classified by major geographic region in which the Company’s customers are located, was as follows: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 North America (1) $ 101 $ 195 $ 212 $ 345 Europe, Middle East and Africa 57 48 102 89 Other regions 17 16 35 31 Total $ 175 $ 259 $ 349 $ 465 North America (1) 57.7 % 75.3 % 60.8 % 74.2 % Europe, Middle East and Africa 32.6 % 18.5 % 29.2 % 19.1 % Other regions 9.7 % 6.2 % 10.0 % 6.7 % Total 100.0 % 100.0 % 100.0 % 100.0 % ______________________________ (1) North America includes all revenue from the Company’s intellectual property arrangements, due to the global applicability of the patent portfolio and licensing arrangements thereof. Revenue, classified by timing of recognition, was as follows: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Products and services transferred over time $ 107 $ 125 $ 213 $ 241 Products and services transferred at a point in time 68 134 136 224 Total $ 175 $ 259 $ 349 $ 465 Revenue contract balances The following table sets forth the activity in the Company’s revenue contract balances for the six months ended August 31, 2021: Accounts Receivable Deferred Revenue Deferred Commissions Opening balance as at February 28, 2021 $ 188 $ 294 $ 21 Increases due to invoicing of new or existing contracts, associated contract acquisition costs, or other 314 256 10 Decrease due to payment, fulfillment of performance obligations, or other (376) (306) (13) Decrease, net (62) (50) (3) Closing balance as at August 31, 2021 $ 126 $ 244 $ 18 Transaction price allocated to the remaining performance obligations The table below discloses the aggregate amount of the transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied as at August 31, 2021 and the time frame in which the Company expects to recognize this revenue. The disclosure includes estimates of variable consideration, except when the variable consideration is a sales-based or usage-based royalty promised in exchange for a license of intellectual property. As at August 31, 2021 Less than 12 Months 12 to 24 Months Thereafter Total Remaining performance obligations $ 213 $ 36 $ 15 $ 264 Revenue recognized for performance obligations satisfied in prior periods For the three and six months ended August 31, 2021, no revenue was recognized for performance obligations satisfied in a prior period (three and six months ended August 31, 2020 - nil and $1 million of revenue was recognized relating to performance obligations satisfied in a prior period). Property, plant and equipment, intangible assets, operating lease ROU assets and goodwill, classified by geographic region in which the Company’s assets are located, were as follows: As at August 31, 2021 February 28, 2021 Property, Plant and Equipment, Intangible Assets, Operating Lease ROU Assets and Goodwill Total Assets Property, Plant and Equipment, Intangible Assets, Operating Lease ROU Assets and Goodwill Total Assets Canada $ 252 $ 467 $ 289 $ 504 United States 1,364 1,845 1,411 1,963 Other 28 320 31 351 $ 1,644 $ 2,632 $ 1,731 $ 2,818 Information About Major Customers There was one customer that comprised 12% and no other customer that comprised more than 10% of the Company’s revenue in the three and six months ended August 31, 2021, respectively (three and six months ended August 31, 2020 - one customer that comprised 40% and 34% of the Company’s revenue, respectively).

Cash Flow and Additional Inform

Cash Flow and Additional Information	6 Months Ended
	Aug. 31, 2021
Supplemental Cash Flow Information [Abstract]
Cash Flow and Additional Information	CASH FLOW AND ADDITIONAL INFORMATION (a) Certain consolidated statements of cash flow information related to interest and income taxes paid is summarized as follows: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Interest paid during the period $ 2 $ 6 $ 3 $ 11 Income taxes paid during the period 3 2 4 2 Income tax refunds received during the period 3 — 5 1 (b) Additional Information Foreign exchange The Company is exposed to foreign exchange risk as a result of transactions in currencies other than its functional currency, the U.S. dollar. The majority of the Company’s revenue in the second quarter of fiscal 2022 was transacted in U.S. dollars. Portions of the revenue were denominated in Canadian dollars, euros and British pounds. Other expenses, consisting mainly of salaries and certain other operating costs, were incurred primarily in Canadian dollars, but were also incurred in U.S. dollars, euros and British pounds. At August 31, 2021, approximately 31% of cash and cash equivalents, 33% of accounts receivable and 31% of accounts payable were denominated in foreign currencies (February 28, 2021 – 20%, 25% and 34%, respectively). These foreign currencies primarily include the Canadian dollar, euro and British pound. As part of its risk management strategy, the Company maintains net monetary asset and/or liability balances in foreign currencies and engages in foreign currency hedging activities using derivative financial instruments, including currency forward contracts and currency options. The Company does not use derivative instruments for speculative purposes. Interest rate risk Cash and cash equivalents and investments are invested in certain instruments of varying maturities. Consequently, the Company is exposed to interest rate risk as a result of holding investments of varying maturities. The fair value of investments, as well as the investment income derived from the investment portfolio, will fluctuate with changes in prevailing interest rates. The Company has also issued Debentures with a fixed interest rate, as described in Note 6. The fair value of the 1.75% Debentures will fluctuate with changes in prevailing interest rates. Consequently, the Company is exposed to interest rate risk as a result of the 1.75% Debentures. The Company does not currently utilize interest rate derivative instruments to hedge its investment portfolio or changes in the market value of the 1.75% Debentures. Credit risk The Company is exposed to market and credit risk on its investment portfolio. The Company reduces this risk by investing in liquid, investment-grade securities and by limiting exposure to any one entity or group of related entities. As at August 31, 2021, no single issuer represented more than 11% of the total cash, cash equivalents and investments (February 28, 2021 - no single issuer represented more than 13% of the total cash, cash equivalents and investments), representing cash balances at one of the Company’s banking counterparties. As at August 31, 2021, the Company had $1 million in collateral posted with counterparties (February 28, 2021 - nil in collateral held or posted). Liquidity risk Cash, cash equivalents, and investments were approximately $772 million as at August 31, 2021. The Company’s management remains focused on efficiently managing working capital balances and managing the liquidity needs of the business. Based on its current financial projections, the Company believes its financial resources, together with expected future operating cash generating and operating expense reduction activities and access to other potential financing arrangements, should be sufficient to meet funding requirements for current financial commitments and future operating expenditures not yet committed, and should provide the necessary financial capacity for the foreseeable future. Government subsidies

Blackberry Limited and Summar_2

Blackberry Limited and Summary of Significant Accounting Policies and Critical Accounting Estimates (Policies)	6 Months Ended
	Aug. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of presentation and preparation	Basis of Presentation and Preparation These interim consolidated financial statements have been prepared by management in accordance with United States generally accepted accounting principles (“U.S. GAAP”). They do not include all of the disclosures required by U.S. GAAP for annual financial statements and should be read in conjunction with the audited consolidated financial statements of BlackBerry Limited (the “Company”) for the year ended February 28, 2021 (the “Annual Financial Statements”), which have been prepared in accordance with U.S. GAAP. In the opinion of management, all normal recurring adjustments considered necessary for fair presentation have been included in these interim consolidated financial statements. Operating results for the three and six months ended August 31, 2021 are not necessarily indicative of the results that may be expected for the full year ending February 28, 2022. The consolidated balance sheet at February 28, 2021 was derived from the audited Annual Financial Statements but does not contain all of the footnote disclosures from the Annual Financial Statements. Certain of the comparative figures have been reclassified to conform to the current period’s presentation. In the first quarter of fiscal 2022, the Chief Operating Decision Maker (“CODM”), who is the Executive Chair and Chief Executive Officer (“CEO”) of the Company, began making decisions and assessing the performance of the Company using three operating segments, whereas the CODM previously made decisions and assessed the performance of the Company as a single operating segment. As a result of the internal reporting reorganization, the Company is now organized and managed as three reportable operating segments: Cyber Security, IoT (collectively, “Software & Services”), and Licensing and Other, as further discussed in Note 11.
New Accounting Pronouncements	Accounting Standards Adopted During Fiscal 2022 ASC 740, Income Taxes In December 2019, the Financial Accounting Standards Board (“FASB”) released ASU 2019-12 on the topic of simplifying the accounting for income taxes, as part of its simplification initiative to reduce the cost and complexity in accounting for income taxes. The amendments in this update remove certain exceptions from Topic 740, Income Taxes, including: (i) the exception to the incremental approach for intra-period tax allocation; (ii) the exception to accounting for basis differences when there are ownership changes in foreign investments; and (iii) the exception in interim period income tax accounting for year-to-date losses that exceed anticipated losses. The update also simplifies U.S. GAAP in several other areas of Topic 740 such as: (i) franchise taxes and other taxes partially based on income; (ii) transactions with a government that result in a step up in the tax basis of goodwill; (iii) separate financial statements of entities not subject to tax; and (iv) enacted changes in tax laws in interim periods.

Fair Value Measurements, Cash_2

Fair Value Measurements, Cash, Cash Equivalent and Investments (Tables)	6 Months Ended
	Aug. 31, 2021
Cash and Cash Equivalents [Abstract]
Components of Cash, Cash Equivalents and Investments	The components of cash, cash equivalents and investments by fair value level as at August 31, 2021 were as follows: Cost Basis Unrealized Fair Value Cash and Short-term Long-term Restricted Cash Equivalents Bank balances $ 95 $ — $ 95 $ 95 $ — $ — $ — Other investments 38 — 38 — — 38 — 133 — 133 95 — 38 — Level 1: Equity securities 10 (8) 2 — 2 — — Level 2: Term deposits, certificates of deposits, and GIC's 164 — 164 45 92 — 27 Bankers’ acceptances/bearer deposit notes 42 — 42 34 8 — — Commercial paper 256 — 256 84 172 — — Non-U.S. promissory notes 81 — 81 20 61 — — Non-U.S. government sponsored enterprise notes 77 — 77 — 77 — — Non-U.S. treasury bills/notes 13 — 13 13 — — — Corporate notes/bonds 4 — 4 — 4 — — 637 — 637 196 414 — 27 $ 780 $ (8) $ 772 $ 291 $ 416 $ 38 $ 27 The components of cash, cash equivalents and investments by fair value level as at February 28, 2021 were as follows: Cost Basis Unrealized Fair Value Cash and Short-term Long-term Restricted Cash Equivalents Restricted Short-term Investments Bank balances $ 165 $ — $ 165 $ 165 $ — $ — $ — $ — Other investments 37 — 37 — — 37 — — 202 — 202 165 — 37 — — Level 1: Equity securities 10 (7) 3 — 3 — — — Level 2: Term deposits, certificates of deposits, and GICs 138 — 138 7 103 — 4 24 Bearer deposit notes 40 — 40 — 40 — — — Commercial paper 162 — 162 15 147 — — — Non-U.S. promissory notes 55 — 55 26 29 — — — Non-U.S. government sponsored enterprise notes 154 — 154 1 153 — — — Non-U.S. treasury bills/notes 25 — 25 — 25 — — — Corporate notes/bonds 25 — 25 — 25 — — — 599 — 599 49 522 — 4 24 $ 811 $ (7) $ 804 $ 214 $ 525 $ 37 $ 4 $ 24
Schedule of Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents as at August 31, 2021 and February 28, 2021 from the consolidated balance sheets to the consolidated statements of cash flows: As at August 31, 2021 February 28, 2021 Cash and cash equivalents $ 291 $ 214 Restricted cash and cash equivalents 27 4 Total cash, cash equivalents, restricted cash, and restricted cash equivalents presented in the consolidated statements of cash flows $ 318 $ 218
Contractual Maturities of Available-for-Sale Investments	The contractual maturities of available-for-sale investments as at August 31, 2021 and February 28, 2021 were as follows: As at August 31, 2021 February 28, 2021 Cost Basis Fair Value Cost Basis Fair Value Due in one year or less $ 637 $ 637 $ 599 $ 599 No fixed maturity 10 2 10 3 $ 647 $ 639 $ 609 $ 602

Consolidated Balance Sheets D_2

Consolidated Balance Sheets Details (Tables)	6 Months Ended
	Aug. 31, 2021
Balance Sheet Related Disclosures [Abstract]
Accounts Receivable, Allowance for Credit Loss	The following table sets forth the activity in the Company’s allowance for credit losses: As at August 31, 2021 Beginning balance as of February 29, 2020 $ 9 Impact of adopting ASC 326 4 Prior period recovery for expected credit losses (3) Ending balance of the allowance for credit loss as at February 28, 2021 10 Current period recovery for expected credit losses (1) Ending balance of the allowance for credit loss as at August 31, 2021 $ 9 The allowance for credit losses as at August 31, 2021 consists of $2 million (February 28, 2021 - $3 million) relating to CECL estimated based on days past due and region and $7 million (February 28, 2021 - $7 million) relating to specific customers that were evaluated separately.
Property, Plant and Equipment	Property, plant and equipment comprised the following: As at August 31, 2021 February 28, 2021 Cost Buildings, leasehold improvements and other $ 53 $ 67 BlackBerry operations and other information technology 93 110 Manufacturing, repair and research and development equipment 71 72 Furniture and fixtures 9 10 226 259 Accumulated amortization 182 211 Net book value $ 44 $ 48
Intangible Assets	Intangible assets comprised the following: As at August 31, 2021 Cost Accumulated Net Book Acquired technology $ 1,023 $ 747 $ 276 Intellectual property 500 314 186 Other acquired intangibles 494 261 233 $ 2,017 $ 1,322 $ 695 As at February 28, 2021 Cost Accumulated Net Book Acquired technology $ 1,023 $ 712 $ 311 Intellectual property 498 299 199 Other acquired intangibles 494 233 261 $ 2,015 $ 1,244 $ 771
Changes to Carrying Amount of Goodwill	Changes to the carrying amount of goodwill during the six months ended August 31, 2021 were as follows: Carrying Amount Carrying amount as at February 29, 2020 $ 1,437 Goodwill impairment charge (see note 3) (594) Effect of foreign exchange on non-U.S. dollar denominated goodwill 6 Carrying amount as at February 28, 2021 849 Effect of foreign exchange on non-U.S. dollar denominated goodwill (1) Carrying amount as at August 31, 2021 $ 848
Schedule of Accrued Liabilities	Accrued liabilities comprised the following: As at August 31, 2021 February 28, 2021 Operating lease liabilities, current 30 33 Other 144 145 $ 174 $ 178

Debentures (Tables)

Debentures (Tables)	6 Months Ended
	Aug. 31, 2021
Debt Disclosure [Abstract]
Schedule of Debentures	The following table summarizes the change in fair value of the 1.75% Debentures for the six months ended August 31, 2021, which also represents the total changes through earnings of items classified as Level 3 in the fair value hierarchy: As at August 31, 2021 Balance as at February 28, 2021 $ 720 Change in fair value of the Debentures 62 Balance as at August 31, 2021 $ 782
1.75% Debenture - impact of changes in fair value	The following table shows the impact of the changes in fair value of the 1.75% Debentures for the three and six months ended August 31, 2021 and August 31, 2020: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Charge associated with the change in fair value from non-credit components recorded in the consolidated statements of operations $ (67) $ — $ (63) $ — Income associated with the change in fair value from instrument-specific credit components recorded in AOCL — — 1 — Total increase in the fair value of the 1.75% Debentures $ (67) $ — $ (62) $ —
3.75% Debenture - impact of changes in fair value	The following table shows the impact of the changes in fair value of the 3.75% Debentures for the three and six months ended August 31, 2021 and August 31, 2020: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Charge associated with the change in fair value from non-credit components recorded in the consolidated statements of operations $ — $ (18) $ — $ (19) Income associated with the change in fair value from instrument-specific credit components recorded in AOCL — 7 — 15 Total decrease in the fair value of the 3.75% Debentures $ — $ (11) $ — $ (4)

Capital Stock (Tables)

Capital Stock (Tables)	6 Months Ended
	Aug. 31, 2021
Share-based Payment Arrangement, Noncash Expense [Abstract]
Changes in Issued and Outstanding Common Shares	The following details the changes in issued and outstanding common shares for the six months ended August 31, 2021: Capital Stock and Stock Amount Common shares outstanding as at February 28, 2021 565,505 $ 2,823 Exercise of stock options 379 2 Common shares issued for restricted share unit settlements 732 — Stock-based compensation — 17 Common shares issued for employee share purchase plan 379 3 Common shares outstanding as at August 31, 2021 566,995 $ 2,845

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	6 Months Ended
	Aug. 31, 2021
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Earnings Per Share	The following table sets forth the computation of basic and diluted loss per share: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Net loss for basic and diluted loss per share available to common shareholders (1) $ (144) $ (23) $ (206) $ (659) Weighted average number of shares outstanding (000’s) - basic and diluted (1) (2) (3) 568,082 558,882 567,724 558,365 Loss per share - reported Basic $ (0.25) $ (0.04) $ (0.36) $ (1.18) Diluted $ (0.25) $ (0.04) $ (0.36) $ (1.18) ______________________________ (1) The Company has not presented the dilutive effect of the Debentures using the if-converted method in the calculation of diluted loss per share for the three and six months ended August 31, 2021 and August 31, 2020, as to do so would be antidilutive. See Note 6 for details on the Debentures. (2) The three and six months ended August 31, 2021, includes approximately 1,421,945 common shares (Exchange Shares) remaining to be issued on the third anniversary date of the Cylance acquisition completed on February 21, 2019, in consideration for the acquisition. The three and six months ended August 31, 2020, includes approximately 2,802,067 common shares to be issued in equal installments on the two anniversary dates of the Cylance acquisition thereafter, in consideration for the acquisition. There are no service or other requirements associated with the issuance of these shares. (3) The Company has not presented the dilutive effect of in-the-money options and RSUs that will be settled upon vesting by the issuance of new common shares in the calculation of diluted loss per share for the three and six months ended August 31, 2021 and August 31, 2020, as to do so would be antidilutive.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Aug. 31, 2021
Equity [Abstract]
Components of Accumulated Other Comprehensive Loss	The changes in AOCL by component net of tax, for the three and six months ended August 31, 2021 and August 31, 2020 were as follows: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Cash Flow Hedges Balance, beginning of period $ 2 $ (2) $ 1 $ (1) Other comprehensive income (loss) before reclassification (2) 3 — 1 Amounts reclassified from AOCL into net loss — 1 (1) 2 Accumulated net unrealized gains (losses) on derivative instruments designated as cash flow hedges $ — $ 2 $ — $ 2 Foreign Currency Cumulative Translation Adjustment Balance, beginning of period $ (3) $ (8) $ (4) $ (9) Other comprehensive income (loss) before reclassification (3) 2 (2) 3 Foreign currency cumulative translation adjustment $ (6) $ (6) $ (6) $ (6) Change in Fair Value From Instrument-Specific Credit Risk On Debentures Balance, beginning of period $ (8) $ (15) $ (9) $ (22) Other comprehensive income before reclassification — 7 1 14 Change in fair value from instruments-specific credit risk on Debentures $ (8) $ (8) $ (8) $ (8) Other Post-Employment Benefit Obligations Actuarial losses associated with other post-employment benefit obligations $ (1) $ (1) $ (1) $ (1) Accumulated Other Comprehensive Loss, End of Period $ (15) $ (13) $ (15) $ (13)

Revenue and Segment Disclosure

Revenue and Segment Disclosure (Tables)	6 Months Ended
	Aug. 31, 2021
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following table shows information by operating segment for the three and six months ended August 31, 2021 and August 31, 2020: For the Three Months Ended Cyber Security IoT Licensing and Other Segment Totals August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Segment revenue $ 120 $ 120 $ 40 $ 31 $ 15 $ 108 $ 175 $ 259 Segment cost of sales 49 46 7 6 6 7 62 59 Segment gross margin (1) $ 71 $ 74 $ 33 $ 25 $ 9 $ 101 $ 113 $ 200 For the Six Months Ended Cyber Security IoT Licensing and Other Segment Totals August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Segment revenue $ 227 $ 239 $ 83 $ 60 $ 39 $ 166 $ 349 $ 465 Segment cost of sales 95 93 14 12 12 15 121 120 Segment gross margin (1) $ 132 $ 146 $ 69 $ 48 $ 27 $ 151 $ 228 $ 345 ______________________________ (1) A reconciliation of total segment gross margin to consolidated totals is set forth below.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	The following table reconciles total segment gross margin for the three and six months ended August 31, 2021 and August 31, 2020 to the Company’s consolidated totals: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Total segment gross margin $ 113 $ 200 228 $ 345 Adjustments (1) : Less: Cost of sales 1 1 2 3 Less: Research & development 58 57 115 114 Selling, marketing and administration 83 79 156 169 Amortization 45 46 91 92 Impairment of long-lived assets — 21 — 21 Impairment of goodwill — — — 594 Debentures fair value adjustment 67 18 63 19 Investment loss, net 1 5 3 5 Consolidated loss before income taxes $ (142) $ (27) $ (202) $ (672) ______________________________ (1) The CODM reviews segment information on an adjusted basis, which excludes certain amounts as described below:
Revenue from External Customers by Geographic Areas	The Company’s revenue, classified by major geographic region in which the Company’s customers are located, was as follows: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 North America (1) $ 101 $ 195 $ 212 $ 345 Europe, Middle East and Africa 57 48 102 89 Other regions 17 16 35 31 Total $ 175 $ 259 $ 349 $ 465 North America (1) 57.7 % 75.3 % 60.8 % 74.2 % Europe, Middle East and Africa 32.6 % 18.5 % 29.2 % 19.1 % Other regions 9.7 % 6.2 % 10.0 % 6.7 % Total 100.0 % 100.0 % 100.0 % 100.0 % ______________________________ (1) North America includes all revenue from the Company’s intellectual property arrangements, due to the global applicability of the patent portfolio and licensing arrangements thereof.
Revenue Classified by Timing of Recognition	Revenue, classified by timing of recognition, was as follows: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Products and services transferred over time $ 107 $ 125 $ 213 $ 241 Products and services transferred at a point in time 68 134 136 224 Total $ 175 $ 259 $ 349 $ 465
Revenue Contract Balances	The following table sets forth the activity in the Company’s revenue contract balances for the six months ended August 31, 2021: Accounts Receivable Deferred Revenue Deferred Commissions Opening balance as at February 28, 2021 $ 188 $ 294 $ 21 Increases due to invoicing of new or existing contracts, associated contract acquisition costs, or other 314 256 10 Decrease due to payment, fulfillment of performance obligations, or other (376) (306) (13) Decrease, net (62) (50) (3) Closing balance as at August 31, 2021 $ 126 $ 244 $ 18
Transaction Price Allocated to the Remaining Performance Obligation	The table below discloses the aggregate amount of the transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied as at August 31, 2021 and the time frame in which the Company expects to recognize this revenue. The disclosure includes estimates of variable consideration, except when the variable consideration is a sales-based or usage-based royalty promised in exchange for a license of intellectual property. As at August 31, 2021 Less than 12 Months 12 to 24 Months Thereafter Total Remaining performance obligations $ 213 $ 36 $ 15 $ 264
Long-lived Assets and Total Assets by Geographic Areas	Property, plant and equipment, intangible assets, operating lease ROU assets and goodwill, classified by geographic region in which the Company’s assets are located, were as follows: As at August 31, 2021 February 28, 2021 Property, Plant and Equipment, Intangible Assets, Operating Lease ROU Assets and Goodwill Total Assets Property, Plant and Equipment, Intangible Assets, Operating Lease ROU Assets and Goodwill Total Assets Canada $ 252 $ 467 $ 289 $ 504 United States 1,364 1,845 1,411 1,963 Other 28 320 31 351 $ 1,644 $ 2,632 $ 1,731 $ 2,818

Cash Flow and Additional Info_2

Cash Flow and Additional Information (Tables)	6 Months Ended
	Aug. 31, 2021
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	(a) Certain consolidated statements of cash flow information related to interest and income taxes paid is summarized as follows: Three Months Ended Six Months Ended August 31, 2021 August 31, 2020 August 31, 2021 August 31, 2020 Interest paid during the period $ 2 $ 6 $ 3 $ 11 Income taxes paid during the period 3 2 4 2 Income tax refunds received during the period 3 — 5 1

Fair Value Measurements - Non-R

Fair Value Measurements - Non-Recurring Fair Value Measurements (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020	Feb. 28, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of goodwill	$ 0	$ 0	$ 0	$ 594	$ 594

Cash, Cash Equivalents and Inve

Cash, Cash Equivalents and Investments - Components of Cash, Cash Equivalents and Investments (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Aug. 31, 2021	Feb. 28, 2021
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	$ 780	$ 811
Unrealized Losses	(8)	(7)
Fair Value	772	804
Cash and Cash Equivalents	291	214
Short-term Investments	416	525
Long-term investments (note 3)	38	37
Restricted Cash Equivalents	27	4
Restricted Short-term Investments		24
Bank balances
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	95	165
Unrealized Losses	0	0
Fair Value	95	165
Cash and Cash Equivalents	95	165
Short-term Investments	0	0
Long-term investments (note 3)	0	0
Restricted Cash Equivalents	0	0
Restricted Short-term Investments		0
Other investments
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	38	37
Unrealized Losses	0	0
Fair Value	38	37
Cash and Cash Equivalents	0	0
Short-term Investments	0	0
Long-term investments (note 3)	38	37
Restricted Cash Equivalents	0	0
Restricted Short-term Investments		0
Bank Balances and Other Investments [Domain]
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	133	202
Unrealized Losses	0	0
Fair Value	133	202
Cash and Cash Equivalents	95	165
Short-term Investments	0	0
Long-term investments (note 3)	38	37
Restricted Cash Equivalents	0	0
Restricted Short-term Investments		0
Level 1: | Equity securities
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	10	10
Unrealized Losses	(8)	(7)
Fair Value	2	3
Cash and Cash Equivalents	0	0
Short-term Investments	2	3
Long-term investments (note 3)	0	0
Restricted Cash Equivalents	0	0
Restricted Short-term Investments		0
Level 2:
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	637	599
Unrealized Losses	0	0
Fair Value	637	599
Cash and Cash Equivalents	196	49
Short-term Investments	414	522
Long-term investments (note 3)	0	0
Restricted Cash Equivalents	27	4
Restricted Short-term Investments		24
Level 2: | Term deposits, certificates of deposits, and GICs
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	164	138
Unrealized Losses	0	0
Fair Value	164	138
Cash and Cash Equivalents	45	7
Short-term Investments	92	103
Long-term investments (note 3)	0	0
Restricted Cash Equivalents	27	4
Restricted Short-term Investments		24
Level 2: | Bankers’ acceptances/bearer deposit notes
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	42	40
Unrealized Losses	0	0
Fair Value	42	40
Cash and Cash Equivalents	34	0
Short-term Investments	8	40
Long-term investments (note 3)	0	0
Restricted Cash Equivalents	0	0
Restricted Short-term Investments		0
Level 2: | Commercial paper
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	256	162
Unrealized Losses	0	0
Fair Value	256	162
Cash and Cash Equivalents	84	15
Short-term Investments	172	147
Long-term investments (note 3)	0	0
Restricted Cash Equivalents	0	0
Restricted Short-term Investments		0
Level 2: | Non-U.S. promissory notes
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	81	55
Unrealized Losses	0	0
Fair Value	81	55
Cash and Cash Equivalents	20	26
Short-term Investments	61	29
Long-term investments (note 3)	0	0
Restricted Cash Equivalents	0	0
Restricted Short-term Investments		0
Level 2: | Non-U.S. government sponsored enterprise notes
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	77	154
Unrealized Losses	0	0
Fair Value	77	154
Cash and Cash Equivalents	0	1
Short-term Investments	77	153
Long-term investments (note 3)	0	0
Restricted Cash Equivalents	0	0
Restricted Short-term Investments		0
Level 2: | Non-U.S. treasury bills/notes
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	13	25
Unrealized Losses	0	0
Fair Value	13	25
Cash and Cash Equivalents	13	0
Short-term Investments	0	25
Long-term investments (note 3)	0	0
Restricted Cash Equivalents	0	0
Restricted Short-term Investments		0
Level 2: | Corporate notes/bonds
Cash, Cash Equivalents and Investments [Line Items]
Cost Basis	4	25
Unrealized Losses	0	0
Fair Value	4	25
Cash and Cash Equivalents	0	0
Short-term Investments	4	25
Long-term investments (note 3)	0	0
Restricted Cash Equivalents	$ 0	0
Restricted Short-term Investments		$ 0

Cash, Cash Equivalents and In_2

Cash, Cash Equivalents and Investments - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020	Feb. 28, 2021
Cash, Cash Equivalents and Investments [Line Items]
Investments that are communicated to the third party for consideration of reasonableness, threshold limit for fair values			0.50%
Equity Investment without Readily Determinable Fair Value	$ 38		$ 38		$ 37
Available-for-sale Securities, Gross Realized Losses	0	$ 0	0	$ 0
Investments with continuous unrealized losses	$ 8	$ 7	$ 8	$ 7
Minimum
Cash, Cash Equivalents and Investments [Line Items]
Letters of credit terms			1 month
Maximum
Cash, Cash Equivalents and Investments [Line Items]
Letters of credit terms			4 years

Cash, Cash Equivalent, Restrict

Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent Presented in the Consolidated Statements of Cash Flow (Details) - USD ($) $ in Millions	Aug. 31, 2021	Feb. 28, 2021	Aug. 31, 2020	Feb. 29, 2020
Cash and Cash Equivalents [Abstract]
Cash and cash equivalents (note 3)	$ 291	$ 214
Restricted Cash Equivalents	27	4
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total	$ 318	$ 218	$ 886	$ 426

Cash, Cash Equivalents and In_3

Cash, Cash Equivalents and Investments - Contractual Maturities of Available-for-Sale Investments (Details) - USD ($) $ in Millions	Aug. 31, 2021	Feb. 28, 2021
Cost Basis
Due in one year or less	$ 637	$ 599
No fixed maturity	10	10
Total	647	609
Fair Value
Due in one year or less	637	599
No fixed maturity	2	3
Total	$ 639	$ 602

Consolidated Balance Sheets D_3

Consolidated Balance Sheets Details - Accounts Receivable (Details) $ in Millions	6 Months Ended	12 Months Ended
	Aug. 31, 2021USD ($)	Feb. 28, 2021USD ($)	May 31, 2021USD ($)	Aug. 31, 2020USD ($)	May 31, 2020USD ($)	Feb. 29, 2020USD ($)
Balance Sheet Related Disclosures [Abstract]
Accounts Receivable, Allowance for Credit Loss, Relating to CECL Estimated Based on Days Past Due and Region	$ 2	$ 3
Accounts Receivable, Allowance for Credit Loss, Relating to Customers Evaluated Separately	$ 7	$ 7
Number of customers with a balance greater than 10% of total accounts receivable	1	1
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Accounts Receivable, Allowance for Credit Loss, Beginning Balance	$ 10	$ 9
Current period recovery for expected credit losses	(1)	(3)
Accounts Receivable, Allowance for Credit Loss, Ending Balance	9	10
Stockholders' Equity Attributable to Parent	$ (1,318)	$ (1,504)	$ (1,456)	$ (1,914)	$ (1,913)	$ (2,529)
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2016-13
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Stockholders' Equity Attributable to Parent						$ 4

Consolidated Balance Sheets D_4

Consolidated Balance Sheets Details - Other Current Assets (Details)	6 Months Ended	12 Months Ended
	Aug. 31, 2021	Feb. 28, 2021
Condensed Balance Sheet Statements, Captions [Line Items]
Other current assets greater than five percent of current assets	none	none
Other Long-Term Assets Greater than Five Percent of Total Assets	none	none

Consolidated Balance Sheets D_5

Consolidated Balance Sheets Detail - Property, Plant and Equipment (Details) - USD ($) $ in Millions	Aug. 31, 2021	Feb. 28, 2021
Property, Plant and Equipment [Line Items]
Cost of property, plant and equipment	$ 226	$ 259
Accumulated amortization	182	211
Net book value	44	48
Buildings, leasehold improvements and other
Property, Plant and Equipment [Line Items]
Cost of property, plant and equipment	53	67
BlackBerry operations and other information technology
Property, Plant and Equipment [Line Items]
Cost of property, plant and equipment	93	110
Manufacturing, repair and research and development equipment
Property, Plant and Equipment [Line Items]
Cost of property, plant and equipment	71	72
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Cost of property, plant and equipment	$ 9	$ 10

Consolidated Balance Sheets D_6

Consolidated Balance Sheets Detail - Intangible Assets (Details) - USD ($) $ in Millions	6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Feb. 28, 2021
Finite-Lived Intangible Assets [Line Items]
Cost	$ 2,017		$ 2,015
Accumulated Amortization	1,322		1,244
Net Book Value	695		771
Amortization expenses related to intangible assets	89	$ 89
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2022	73
2023	120
2024	110
2025	102
2026	96
2027	88
Acquired technology
Finite-Lived Intangible Assets [Line Items]
Cost	1,023		1,023
Accumulated Amortization	747		712
Net Book Value	276		311
Intellectual property
Finite-Lived Intangible Assets [Line Items]
Cost	500		498
Accumulated Amortization	314		299
Net Book Value	186		199
Other acquired intangibles
Finite-Lived Intangible Assets [Line Items]
Cost	494		494
Accumulated Amortization	261		233
Net Book Value	$ 233		$ 261

Consolidated Balance Sheets D_7

Consolidated Balance Sheets Details Consolidated Balance Sheet Details - Changes to Carrying Amount of Goodwill (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020	Feb. 28, 2021
Goodwill [Roll Forward]
Carrying amount as of beginning of period			$ 849	$ 1,437	$ 1,437
Impairment of goodwill	$ 0	$ 0	0	$ 594	594
Effect of foreign exchange on non-U.S. dollar denominated goodwill			(1)		6
Carrying amount as of end of period	$ 848		$ 848		$ 849

Consolidated Balance Sheets D_8

Consolidated Balance Sheets Detail - Additional Information (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Aug. 31, 2021	Feb. 28, 2021
Accrued Liabilities
Other accrued liabilities greater than five percent of current liabilities	none	none
Operating Lease, Liability, Current	$ 30	$ 33
Other	$ 144	$ 145

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Feb. 28, 2021
Income Tax Disclosure [Abstract]
Effective Income Recovery (Expense) Tax Rate Reconciliation, Percent	(2.00%)	2.00%
Unrecognized Tax Benefits	$ 19		$ 24
Unrecognized tax benefits netted against deferred income taxes	19
Unrecognized tax benefits included within taxes payable	$ 0

Debentures (Details)

Debentures (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020	Feb. 28, 2021	Sep. 01, 2020
Debt Instrument [Line Items]
Long-term debentures (note 6)	$ 782		$ 782		$ 720
3.75% Debenture
Debt Instrument [Line Items]
Face amount of debt						$ 605
Interest expense, debt		$ 6		$ 11
Related party principal amounts of 3.75% debenture owned						500
Debt Instrument, Repurchase Amount						$ 615
Debt Instrument, Repurchase Date					Sep. 1, 2020
1.75% Debenture
Debt Instrument [Line Items]
Face amount of debt	365		365
Unpaid principal balance	365		365
Fair Value, Option, Aggregate Differences, Long-term Debt Instruments	(417)		(417)
Interest expense, debt	2		3
Related Party Principal Amounts of 1.75% Debenture Owned	$ 330		$ 330
Fair Value Inputs, Entity Credit Risk	6.46%		6.46%			7.90%
Long-term debentures (note 6)	$ 782		$ 782		$ 720	$ 456
Debenture implied discount						$ 91

Debentures - Change in Fair Val

Debentures - Change in Fair Value (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020
Debt Instrument [Line Items]
Debenture, Fair Value, beginning balance			$ 720
Debenture, Fair Value, ending balance	$ 782		782
3.75% Debenture
Debt Instrument [Line Items]
Debenture total fair value adjustment	0	$ 11	0	$ 4
1.75% Debenture
Debt Instrument [Line Items]
Debenture, Fair Value, beginning balance			720
Debenture total fair value adjustment	67	$ 0	62	$ 0
Debenture, Fair Value, ending balance	$ 782		$ 782

Debentures - Impact of Changes

Debentures - Impact of Changes in Fair Value of Debentures (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020
Debt Instrument [Line Items]
Income (charge) associated with the change in fair value from non-credit components recorded in the consolidated statements of operations	$ (67)	$ (18)	$ (63)	$ (19)
3.75% Debenture
Debt Instrument [Line Items]
Income (charge) associated with the change in fair value from non-credit components recorded in the consolidated statements of operations	0	(18)	0	(19)
Income (charge) associated with the change in fair value from instrument-specific credit components recorded in AOCL	0	7	0	15
Debenture total fair value adjustment	0	(11)	0	(4)
1.75% Debenture
Debt Instrument [Line Items]
Income (charge) associated with the change in fair value from non-credit components recorded in the consolidated statements of operations	(67)	0	(63)	0
Income (charge) associated with the change in fair value from instrument-specific credit components recorded in AOCL	0	0	1	0
Debenture total fair value adjustment	$ (67)	$ 0	$ (62)	$ 0

Capital Stock - Changes in Issu

Capital Stock - Changes in Issued and Outstanding Common Shares (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020
Common Stock [Roll Forward]
Capital stock outstanding, Shares, Beginning Balance			565,505,328
Capital stock outstanding, Shares, Ending Balance	566,994,978		566,994,978
Common Stock, Amount [Roll Forward]
Exercise of stock options	$ 1	$ 2	$ 2	$ 3
Stock-based compensation	$ 10	9	17	22
Employee share purchase plan			$ 3	3
Capital Stock and Additional Paid-in Capital
Common Stock [Roll Forward]
Capital stock outstanding, Shares, Beginning Balance			565,505,000
Exercise of stock options			379,000
Common shares issued for restricted share unit settlements			732,000
Common shares issued for employee share purchase plan			379,000
Capital stock outstanding, Shares, Ending Balance	566,995,000		566,995,000
Common Stock, Amount [Roll Forward]
Common Stock, Value, Outstanding			$ 2,823
Exercise of stock options	$ 1	2	2	3
Stock-based compensation	10	$ 9	17	22
Employee share purchase plan			3	$ 3
Common Stock, Value, Outstanding	$ 2,845		$ 2,845

Capital Stock - Subsequent even

Capital Stock - Subsequent event (Details) - shares	6 Months Ended
	Aug. 31, 2021	Sep. 20, 2021	Feb. 28, 2021
Equity [Abstract]
Common outstanding (in shares)	566,994,978		565,505,328
Class of Stock [Line Items]
Common outstanding (in shares)	566,994,978		565,505,328
1.75% Debenture
Class of Stock [Line Items]
Conversion of stock (in shares)	60,800,000
Voting Common Stock [Member] | Subsequent Event [Member]
Equity [Abstract]
Common outstanding (in shares)		567,000,000
Class of Stock [Line Items]
Common outstanding (in shares)		567,000,000
Employee Stock Option [Member] | Subsequent Event [Member]
Equity [Abstract]
Common outstanding (in shares)		1,000,000
Class of Stock [Line Items]
Common outstanding (in shares)		1,000,000
Restricted Share Units (RSUs) | Subsequent Event [Member]
Equity [Abstract]
Common outstanding (in shares)		20,000,000
Class of Stock [Line Items]
Common outstanding (in shares)		20,000,000
Deferred Share Unit | Subsequent Event [Member]
Equity [Abstract]
Common outstanding (in shares)		1,000,000
Class of Stock [Line Items]
Common outstanding (in shares)		1,000,000

Earnings (Loss) Per Share - Sum

Earnings (Loss) Per Share - Summary of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020
Earnings Per Share [Abstract]
Net loss for basic and diluted loss per share available to common shareholders (1)	$ (144)	$ (23)	$ (206)	$ (659)
Weighted-average number of shares outstanding (000's) - basic and diluted (in shares)	568,082,000	558,882,000	567,724,000	558,365,000
Earnings (Loss) Per Share, Basic (in usd per share)	$ (0.25)	$ (0.04)	$ (0.36)	$ (1.18)
Earnings (Loss) Per Share, Diluted (in usd per share)	$ (0.25)	$ (0.04)	$ (0.36)	$ (1.18)
Exchange shares related to Cylance acquisition	1,421,945	2,802,067	1,421,945	2,802,067

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning Balance	$ 1,456	$ 1,913	$ 1,504	$ 2,529
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(3)	2	(2)	3
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, after Tax	0	7	1	14
Ending Balance	1,318	1,914	1,318	1,914
Cash Flow Hedges
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning Balance	2	(2)	1	(1)
Other comprehensive income (loss) before reclassification	(2)	3	0	1
Amounts reclassified from AOCL into net loss	0	1	(1)	2
Ending Balance	0	2	0	2
Foreign Currency Cumulative Translation Adjustment
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning Balance	(3)	(8)	(4)	(9)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(3)	2	(2)	3
Ending Balance	(6)	(6)	(6)	(6)
Change in Fair Value From Instrument-Specific Credit Risk On Debentures
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning Balance	(8)	(15)	(9)	(22)
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, after Tax	0	7	1	14
Ending Balance	(8)	(8)	(8)	(8)
Other Post-Employment Benefit Obligations
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Ending Balance	(1)	(1)	(1)	(1)
AOCI Attributable to Parent
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Ending Balance	$ (15)	$ (13)	$ (15)	$ (13)

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Aug. 31, 2021	Feb. 28, 2021
Loss Contingencies Line Items]
Collateral of outstanding letters of credit	$ 27
Executive Chair Grant Liability	11	$ 8
Funds from claim filed with Ministry of Innovation, Science and Economic Development Canada relating to Strategic Innovation Fund Program	17	$ 15
Executive Chair and CEO [Member]
Loss Contingencies Line Items]
Contingent performance-based cash award	$ 90
10-day average closing price for cash award	$ 30
Expiry date of contingent performance-based cash award	Nov. 3, 2023

Revenue and Segment Disclosur_2

Revenue and Segment Disclosures - Operating results by operating segments (Details) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021USD ($)	Aug. 31, 2020USD ($)	Aug. 31, 2021USD ($)operatingSegment	Aug. 31, 2020USD ($)
Segment Reporting [Abstract]
Number of Operating Segments | operatingSegment			3
Segment Reporting Information [Line Items]
Revenues	$ 175	$ 259	$ 349	$ 465
Cost of sales	63	60	123	123
Gross Profit	112	199	226	342
Cyber Security
Segment Reporting Information [Line Items]
Revenues	120	120	227	239
Cost of sales	49	46	95	93
Gross Profit	71	74	132	146
IoT
Segment Reporting Information [Line Items]
Revenues	40	31	83	60
Cost of sales	7	6	14	12
Gross Profit	33	25	69	48
Licensing and Other
Segment Reporting Information [Line Items]
Revenues	15	108	39	166
Cost of sales	6	7	12	15
Gross Profit	9	101	27	151
Total Operating Segments
Segment Reporting Information [Line Items]
Revenues	175	259	349	465
Cost of sales	62	59	121	120
Gross Profit	$ 113	$ 200	$ 228	$ 345

Revenue and Segment Disclosur_3

Revenue and Segment Disclosures - Reconciliation of Operating Profit (Loss) from Segments to Consolidated (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020	Feb. 28, 2021
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Gross Profit	$ 112	$ 199	$ 226	$ 342
Cost of sales	63	60	123	123
Research and development	58	57	115	114
Selling, marketing and administration	83	79	156	169
Amortization	45	46	91	92
Impairment of long-lived assets	0	21	0	21
Impairment of goodwill	0	0	0	594	$ 594
Debentures fair value adjustment	67	18	63	19
Investment loss, net	(1)	(5)	(3)	(5)
Loss before income taxes	(142)	(27)	(202)	(672)
Total Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Gross Profit	113	200	228	345
Cost of sales	62	59	121	120
Segment Reconciling Items
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Cost of sales	1	1	2	3
Investment loss, net	$ (1)	$ (5)	$ (3)	$ (5)

Revenue and Segment Disclosur_4

Revenue and Segment Disclosures - Revenue from External Customers by Geographic Areas (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020
Segment Reporting Information [Line Items]
Total Revenue	$ 175	$ 259	$ 349	$ 465
Total Revenue Rate	100.00%	100.00%	100.00%	100.00%
Number of customers that comprised more than 10% of total revenue	one	one	no	one
Customer Concentration Risk [Member] | Sales Revenue, Net [Member] | One Customer
Segment Reporting Information [Line Items]
Concentration risk, percentage	12.00%	40.00%		34.00%
North America
Segment Reporting Information [Line Items]
Total Revenue	$ 101	$ 195	$ 212	$ 345
Total Revenue Rate	57.70%	75.30%	60.80%	74.20%
Europe, Middle East and Africa
Segment Reporting Information [Line Items]
Total Revenue	$ 57	$ 48	$ 102	$ 89
Total Revenue Rate	32.60%	18.50%	29.20%	19.10%
Other regions
Segment Reporting Information [Line Items]
Total Revenue	$ 17	$ 16	$ 35	$ 31
Total Revenue Rate	9.70%	6.20%	10.00%	6.70%

Revenue and Segment Disclosur_5

Revenue and Segment Disclosures Revenue classified by timing of recognition (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020
Revenue classified by timing of recognition [Line Items]
Revenues	$ 175	$ 259	$ 349	$ 465
Products and services transferred over time
Revenue classified by timing of recognition [Line Items]
Revenues	107	125	213	241
Products and services transferred at a point in time
Revenue classified by timing of recognition [Line Items]
Revenues	$ 68	$ 134	$ 136	$ 224

Revenue and Segment Disclosur_6

Revenue and Segment Disclosures Revenue Contract Balances (Details) - USD ($) $ in Millions	6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Revenue Contract Balances [Line Items]
Increase (Decrease) in Deferred Revenue	$ (50)	$ (57)
Accounts Receivable
Revenue Contract Balances [Line Items]
Contract with Customer, Asset, Net - Current and Non-Current	188
Increase in contract receivable	314
Decrease in contract asset	(376)
Increase (Decrease) In Contract Assets	(62)
Contract with Customer, Asset, Net - Current and Non-Current	126
Deferred Revenue
Revenue Contract Balances [Line Items]
Deferred Revenue	294
Deferred Revenue, Additions	256
Decrease due to payment, fulfillment of performance obligations, or other	(306)
Increase (Decrease) in Deferred Revenue	(50)
Deferred Revenue	244
Deferred Commissions
Revenue Contract Balances [Line Items]
Capitalized Contract Cost, Net	21
Increase in deferred commission	10
Decrease in deferred commission	(13)
Net change in deferred commission	(3)
Capitalized Contract Cost, Net	$ 18

Revenue and Segment Disclosur_7

Revenue and Segment Disclosures -Transaction price allocated to the remaining performance obligations (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020
Transaction price allocated to the remaining performance obligations [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 264		$ 264
Contract with Customer, Performance Obligation Satisfied in Previous Period	0	$ 0	0	$ 1
Less than 12 months
Transaction price allocated to the remaining performance obligations [Line Items]
Revenue, Remaining Performance Obligation, Amount	213		213
12 to 24 months
Transaction price allocated to the remaining performance obligations [Line Items]
Revenue, Remaining Performance Obligation, Amount	36		36
After 24 months
Transaction price allocated to the remaining performance obligations [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 15		$ 15

Revenue and Segment Disclosur_8

Revenue and Segment Disclosures - Long-lived Assets and Total Assets by Geographic Areas (Details) - USD ($) $ in Millions	Aug. 31, 2021	Feb. 28, 2021
Long-lived Assets and Total Assets by Geographic Areas [Line Items]
Long-Lived Assets	$ 1,644	$ 1,731
Assets	2,632	2,818
Canada
Long-lived Assets and Total Assets by Geographic Areas [Line Items]
Long-Lived Assets	252	289
Assets	467	504
United States
Long-lived Assets and Total Assets by Geographic Areas [Line Items]
Long-Lived Assets	1,364	1,411
Assets	1,845	1,963
Other Countries
Long-lived Assets and Total Assets by Geographic Areas [Line Items]
Long-Lived Assets	28	31
Assets	$ 320	$ 351

Cash Flow and Additional Info_3

Cash Flow and Additional Information - Interest and Income Taxes Paid (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020
Supplemental Cash Flow Information [Abstract]
Interest paid during the period	$ 2	$ 6	$ 3	$ 11
Income taxes paid during the period	3	2	4	2
Income tax refunds received during the period	$ 3	$ 0	$ 5	$ 1

Additional Information - Additi

Additional Information - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2020	Feb. 28, 2021
Supplemental Cash Flow Information [Abstract]
Percentage of cash and cash equivalents denominated in foreign currencies	31.00%		31.00%		20.00%
Percentage of accounts receivable denominated in foreign currencies	33.00%		33.00%		25.00%
Percentage of accounts payable denominated in foreign currencies	31.00%		31.00%		34.00%
Percentage of cash, cash equivalents and investments threshold used to determine major issuer	11.00%		11.00%		13.00%
Derivative asset, fair value of collateral	$ 1		$ 1		$ 0
Cash, Cash Equivalents And Investments	772		772		$ 804
Government subsidies	$ 11	$ 18	$ 27	$ 27
CEWS current extension date of program			Oct. 23, 2021
CEWS previous extension date of program			Jun. 30, 2020
CEWS received after this date are subject to repayment if certain conditions are not met			Jun. 5, 2021
CEWS subsidy - % of eligible employee's employee insurable renumeration			75.00%