Vmware (VMW) 10-Q7 Jun 212022 Q1 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	3 Months Ended
Cover Page - shares	Apr. 30, 2021	May 28, 2021
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 30, 2021
Document Transition Report	false
Entity File Number	001-33622
Entity Registrant Name	VMWARE, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-3292913
Entity Address, Address Line One	3401 Hillview Avenue
Entity Address, City or Town	Palo Alto,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94304
City Area Code	650
Local Phone Number	427-5000
Title of 12(b) Security	Class A common stock
Trading Symbol	VMW
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001124610
Current Fiscal Year End Date	--01-28
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Amendment Flag	false
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		111,709,147
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		307,221,836

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Millions		3 Months Ended
		Apr. 30, 2021	May 01, 2020
Revenue:
Revenue	[1]	$ 2,994	$ 2,734
Operating expenses:
Research and development	[2]	708	665
Sales and marketing	[2]	959	917
General and administrative	[2]	236	246
Realignment	[2]	1	4
Operating income		559	418
Investment income		0	5
Interest expense		(50)	(49)
Other income (expense), net		(23)	(6)
Income before income tax		486	368
Income tax provision (benefit)		61	(18)
Net income		$ 425	$ 386
Net income per weighted-average share, basic for Classes A and B (in USD per share)		$ 1.01	$ 0.92
Net income per weighted-average share, diluted for Classes A and B (in USD per share)		$ 1.01	$ 0.92
Weighted-average shares, basic for Classes A and B (in shares)		419,116	418,383
Weighted-average shares, diluted for Classes A and B (in shares)		422,038	421,513
License
Revenue:
Revenue	[1]	$ 646	$ 660
Operating expenses:
Cost of revenue	[2]	37	40
Subscription and SaaS
Revenue:
Revenue	[1]	741	572
Operating expenses:
Cost of revenue	[2]	157	126
Services
Revenue:
Revenue	[1]	1,607	1,502
Operating expenses:
Cost of revenue	[2]	$ 337	$ 318

[1]	Includes related party revenue as follows (refer to Note C): License $ 287 $ 323 Subscription and SaaS 173 115 Services 588 444
[2]	Includes stock-based compensation as follows: Cost of subscription and SaaS revenue 5 4 Cost of services revenue 25 22 Research and development 127 125 Sales and marketing 75 72 General and administrative 31 49

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Parenthetical) - USD ($) $ in Millions		3 Months Ended
		Apr. 30, 2021	May 01, 2020
Revenue	[1]	$ 2,994	$ 2,734
Cost of subscription and SaaS revenue
Stock-based compensation		5	4
Cost of services revenue
Stock-based compensation		25	22
Research and development
Stock-based compensation		127	125
Sales and marketing
Stock-based compensation		75	72
General and administrative
Stock-based compensation		31	49
License
Revenue	[1]	646	660
License \| Dell
Revenue		287	323
Subscription and SaaS
Revenue	[1]	741	572
Subscription and SaaS \| Dell
Revenue		173	115
Services
Revenue	[1]	1,607	1,502
Services \| Dell
Revenue		$ 588	$ 444

[1]	Includes related party revenue as follows (refer to Note C): License $ 287 $ 323 Subscription and SaaS 173 115 Services 588 444

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2021	May 01, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 425	$ 386
Changes in fair value of effective foreign currency forward contracts:
Unrealized gains (losses), net of tax provision (benefit) of $— and ($2)	2	(13)
Foreign currency translation adjustments	0	(1)
Total other comprehensive income (loss)	2	(14)
Comprehensive income, net of taxes	$ 427	$ 372

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parentheticals) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2021	May 01, 2020
Statement of Comprehensive Income [Abstract]
Tax provision (benefit) on unrealized gains (losses) on derivatives	$ 0	$ (2)

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 30, 2021	Jan. 29, 2021
Current assets:
Cash and cash equivalents	$ 5,594	$ 4,692
Short-term investments	120	23
Accounts receivable, net of allowance of $5 and $5	1,532	1,929
Due from related parties, net	753	1,438
Other current assets	537	530
Total current assets	8,536	8,612
Property and equipment, net	1,343	1,334
Other assets	2,592	2,697
Deferred tax assets	5,815	5,781
Intangible assets, net	926	993
Goodwill	9,599	9,599
Total assets	28,811	29,016
Current liabilities:
Accounts payable	205	131
Accrued expenses and other	1,810	2,382
Unearned revenue	5,830	5,873
Total current liabilities	7,845	8,386
Note payable to Dell	270	270
Long-term debt	4,719	4,717
Unearned revenue	4,370	4,441
Income tax payable	816	805
Operating lease liabilities	891	891
Other liabilities	447	455
Total liabilities	19,358	19,965
Contingencies (refer to Note D)
Stockholders’ equity:
Additional paid-in capital	1,960	1,985
Accumulated other comprehensive loss	(3)	(5)
Retained earnings	7,492	7,067
Total stockholders’ equity	9,453	9,051
Total liabilities and stockholders’ equity	28,811	29,016
Class A Common Stock
Stockholders’ equity:
Common stock	1	1
Class B Convertible Common Stock
Stockholders’ equity:
Common stock	$ 3	$ 3

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Millions	Apr. 30, 2021	Jan. 29, 2021
Allowance for credit loss	$ 5	$ 5
Class A Common Stock
Common stock, par value (in USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	2,500,000,000	2,500,000,000
Common stock, shares issued (in shares)	111,488,000	112,082,000
Common stock, shares outstanding (in shares)	111,488,000	112,082,000
Class B Convertible Common Stock
Common stock, par value (in USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	1,000,000,000	1,000,000,000
Common stock, shares issued (in shares)	307,222,000	307,222,000
Common stock, shares outstanding (in shares)	307,222,000	307,222,000

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2021	May 01, 2020
Operating activities:
Net income	$ 425	$ 386
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	269	244
Stock-based compensation	263	272
Deferred income taxes, net	(48)	(98)
Unrealized (gain) loss on equity securities, net	35	(6)
(Gain) loss on disposition of assets, revaluation and impairment, net	1	6
Other	1	(4)
Changes in assets and liabilities, net of acquisitions:
Accounts receivable	395	352
Other current assets and other assets	(161)	(171)
Due to/from related parties, net	685	690
Accounts payable	65	(10)
Accrued expenses and other liabilities	(630)	(249)
Income taxes payable	80	15
Unearned revenue	(114)	(53)
Net cash provided by operating activities	1,266	1,374
Investing activities:
Additions to property and equipment	(70)	(87)
Sales of investments in equity securities	8	0
Purchases of strategic investments	0	(5)
Proceeds from disposition of assets	0	4
Business combinations, net of cash acquired, and purchases of intangible assets	(10)	(38)
Net cash used in investing activities	(72)	(126)
Financing activities:
Proceeds from issuance of common stock	131	106
Net proceeds from issuance of long-term debt	0	1,984
Repurchase of common stock	(371)	(181)
Shares repurchased for tax withholdings on vesting of restricted stock	(56)	(115)
Principal payments on finance lease obligations	(1)	(1)
Net cash provided by (used in) financing activities	(297)	1,793
Effect of exchange rate changes on cash, cash equivalents and restricted cash	0	(1)
Net increase in cash, cash equivalents and restricted cash	897	3,040
Cash, cash equivalents and restricted cash at beginning of the period	4,770	3,031
Cash, cash equivalents and restricted cash at end of the period	5,667	6,071
Supplemental disclosures of cash flow information:
Cash paid for interest	46	74
Cash paid for taxes, net	38	76
Non-cash items:
Changes in capital additions, accrued but not paid	$ 3	$ (7)

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($) shares in Thousands, $ in Millions	Total	Class A Common Stock	Class B Convertible Common Stock	Common StockClass A Common Stock	Common StockClass B Convertible Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Jan. 31, 2020				110,000	307,000
Balance at Jan. 31, 2020	$ 7,009			$ 1	$ 3	$ 2,000	$ 5,009	$ (4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Proceeds from issuance of common stock (in shares)				1,000
Proceeds from issuance of common stock	110					110
Purchase and retirement of common stock (in shares)		(1,540)		(2,000)
Purchase and retirement of common stock	(181)	$ (181)				(181)
Issuance of restricted stock (in shares)				3,000
Shares withheld for tax withholdings on vesting of restricted stock	(154)					(154)
Stock-based compensation	272					272
Total other comprehensive income (loss)	(14)							(14)
Net income	386						386
Balance (in shares) at May. 01, 2020				112,000	307,000
Balance at May. 01, 2020	7,428			$ 1	$ 3	2,047	5,395	(18)
Balance (in shares) at Jan. 29, 2021		112,082	307,222	112,000	307,000
Balance at Jan. 29, 2021	9,051			$ 1	$ 3	1,985	7,067	(5)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Proceeds from issuance of common stock (in shares)				1,000
Proceeds from issuance of common stock	131					131
Purchase and retirement of common stock (in shares)		(2,500)		(3,000)
Purchase and retirement of common stock	(371)	$ (371)				(371)
Issuance of restricted stock (in shares)				1,000
Shares withheld for tax withholdings on vesting of restricted stock	(52)					(52)
Stock-based compensation	267					267
Total other comprehensive income (loss)	2							2
Net income	425						425
Balance (in shares) at Apr. 30, 2021		111,488	307,222	111,000	307,000
Balance at Apr. 30, 2021	$ 9,453			$ 1	$ 3	$ 1,960	$ 7,492	$ (3)

Overview and Basis of Presentat

Overview and Basis of Presentation	3 Months Ended
Overview and Basis of Presentation	Apr. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Overview and Basis of Presentation	Overview and Basis of Presentation Company and Background VMware, Inc. (“VMware” or the “Company”) originally pioneered the development and application of virtualization technologies with x86 server-based computing, separating application software from the underlying hardware. Information technology (“IT”) driven innovation continues to disrupt markets and industries. Technologies emerge faster than organizations can absorb, creating increasingly complex environments. IT is working at an accelerated pace to harness new technologies, platforms and cloud models, ultimately guiding businesses through a digital transformation. To take on these challenges, VMware is working with customers in the areas of hybrid and multi-cloud, modern applications, networking, security and digital workspaces. VMware’s software provides a flexible digital foundation to enable customers in their digital transformations. Accounting Principles The financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Unaudited Interim Financial Information The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. In the opinion of management, these unaudited condensed consolidated financial statements include all adjustments, consisting of normal recurring adjustments and accruals, for a fair statement of VMware’s condensed consolidated results of operations, financial position and cash flows for the periods presented. Results of operations are not necessarily indicative of the results that may be expected for the full fiscal year 2022. Certain information and footnote disclosures typically included in annual consolidated financial statements have been condensed or omitted. Accordingly, these unaudited interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in VMware’s Annual Report on Form 10-K filed on March 26, 2021. Effective September 7, 2016, Dell Technologies Inc. (“Dell”) (formerly Denali Holding Inc.) acquired EMC Corporation (“EMC”), VMware’s parent company, including EMC’s majority control of VMware. As of April 30, 2021, Dell controlled 80.7% of VMware’s outstanding common stock and 97.5% of the combined voting power of VMware’s outstanding common stock, including 31 million shares of VMware’s Class A common stock and all of VMware’s Class B common stock. As VMware is a majority-owned and controlled subsidiary of Dell, its results of operations and financial position are consolidated with Dell’s financial statements. On April 14, 2021, VMware and Dell entered into a Separation and Distribution Agreement, pursuant to which, subject to the satisfaction of all closing conditions, Dell will distribute the shares of Class A Stock and Class B Stock owned by its wholly owned subsidiaries, to the holders of shares of Dell as of a record date determined pursuant to the Separation and Distribution Agreement on a pro rata basis (the “Spin-Off”). Immediately following, and automatically as a result of the Spin-Off, and prior to receipt thereof by Dell’s stockholders, each share of Class B Stock will automatically convert into one fully paid and non-assessable share of Class A Stock. Subject to the various conditions, VMware will also pay a cash dividend, pro rata, to each of the holders of Common Stock (including Dell) immediately prior to the Spin-Off in an aggregate amount equal to an amount to be mutually agreed by Dell and VMware between $11.5 billion and $12.0 billion (the “Special Dividend”). As a result of the Spin-Off, Michael Dell, chairman and chief executive officer of Dell, and Silver Lake Partners, of which Egon Durban, a VMware director, is a managing partner, will own direct interests in VMware. Dell would receive approximately $9.3 billion to $9.7 billion in cash based on Dell's current 80.7% ownership in VMware as of April 30, 2021. VMware expects to fund the Special Dividend, in part, through the incurrence of new indebtedness. The Spin-Off is expected to close during the fourth quarter of calendar 2021, subject to certain closing conditions, including receipt of a favorable Internal Revenue Service (“IRS”) ruling that the distribution of shares to Dell and its stockholders will qualify as generally tax-free for U.S. federal income tax purposes. Management believes the assumptions underlying the condensed consolidated financial statements are reasonable. However, the amounts recorded for VMware’s related party transactions with Dell and its consolidated subsidiaries may not be considered arm’s length with an unrelated third party. Therefore, the condensed consolidated financial statements included herein may not necessarily reflect the results of operations, financial position and cash flows had VMware engaged in such transactions with an unrelated third party during all periods presented. Accordingly, VMware’s historical financial information is not necessarily indicative of what the Company’s results of operations, financial position and cash flows will be in the future, if and when VMware contracts at arm’s length with unrelated third parties for products and services the Company receives from and provides to Dell. Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of VMware and subsidiaries in which VMware has a controlling financial interest. All intercompany transactions and account balances between VMware and its subsidiaries have been eliminated in consolidation. Transactions with Dell and its consolidated subsidiaries are generally settled in cash and are classified on the condensed consolidated statements of cash flows based upon the nature of the underlying transaction. Use of Accounting Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the reported amounts of revenue and expenses during the reporting periods, and the disclosure of contingent liabilities at the date of the financial statements. Estimates are used for, but not limited to, trade receivable valuation, marketing development funds, expected period of benefit for deferred commissions, useful lives assigned to fixed assets and intangible assets, valuation of goodwill and definite-lived intangibles, income taxes, stock-based compensation and contingencies. Actual results could differ from those estimates. To the extent the Company’s actual results differ materially from those estimates and assumptions, VMware’s future financial statements could be affected. Recently Adopted Accounting Standards Effective January 30, 2021, VMware adopted, on a modified retrospective basis, Accounting Standards Update (“ASU”) No. 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity. This update simplifies the accounting for convertible instruments and contracts in an entity’s own equity and amends the diluted earnings per share guidance for greater consistency within the standard. The standard did not have an impact on the Company’s condensed consolidated financial statements during the three months ended April 30, 2021. Effective January 30, 2021, VMware adopted ASU No. 2019-12, Income Taxes (Topic 740), simplifying the accounting for income taxes. The standard did not have a material impact on the Company’s condensed consolidated financial statements.

Revenue, Unearned Revenue and R

Revenue, Unearned Revenue and Remaining Performance Obligations	3 Months Ended
	Apr. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue, Unearned Revenue and Remaining Performance Obligations	Revenue, Unearned Revenue and Remaining Performance Obligations Revenue Contract Assets A contract asset is recognized when a conditional right to consideration exists and transfer of control has occurred. Contract assets include fixed fee professional services where transfer of services has occurred in advance of the Company’s right to invoice. Contract assets are classified as accounts receivables upon invoicing. Contract assets are included in other current assets on the condensed consolidated balance sheets. Contract assets were $40 million and $43 million as of April 30, 2021 and January 29, 2021, respectively. Contract asset balances will fluctuate based upon the timing of the transfer of services, billings and customers’ acceptance of contractual milestones. Contract Liabilities Contract liabilities consist of unearned revenue, which is generally recorded when VMware has the right to invoice or payments have been received for undelivered products or services. Customer Deposits Customer deposits include prepayments from customers related to amounts received for contracts that include certain cancellation rights. Purchased credits eligible for redemption of VMware’s hosted services (“cloud credits”) are included in customer deposits until the cloud credit is consumed or is contractually committed to a specific hosted service. Cloud credits are redeemable by the customer for the gross value of the hosted offering. Upon contractual commitment for a hosted service, the net value of the cloud credits that are expected to be recognized as revenue when the obligation is fulfilled will be classified as unearned revenue. As of April 30, 2021, customer deposits related to customer prepayments and cloud credits of $283 million were included in accrued expenses and other, and $155 million were included in other liabilities on the condensed consolidated balance sheets. As of January 29, 2021, customer deposits related to customer prepayments and cloud credits of $294 million were included in accrued expenses and other, and $163 million were included in other liabilities on the condensed consolidated balance sheets. Deferred Commissions Deferred commissions are classified as current or non-current based on the duration of the expected period of benefit. Deferred commissions, including the employer portion of payroll taxes, included in other current assets as of April 30, 2021 and January 29, 2021 were $20 million and $31 million, respectively. Deferred commissions included in other assets were $1.1 billion and $1.1 billion as of April 30, 2021 and January 29, 2021, respectively. Amortization expense for deferred commissions was included in sales and marketing on the condensed consolidated statements of income and was $125 million and $100 million during the three months ended April 30, 2021 and May 1, 2020, respectively. Unearned Revenue Unearned revenue as of the periods presented consisted of the following (table in millions): April 30, January 29, 2021 2021 Unearned license revenue $ 16 $ 15 Unearned subscription and SaaS revenue 2,064 1,998 Unearned software maintenance revenue 6,957 7,092 Unearned professional services revenue 1,163 1,209 Total unearned revenue $ 10,200 $ 10,314 Unearned subscription and SaaS revenue is generally recognized over time as customers consume the services or ratably over the term of the subscription, commencing upon provisioning of the service. Unearned software maintenance revenue is attributable to VMware’s maintenance contracts and is generally recognized ratably over the contract duration. The weighted-average remaining contractual term as of April 30, 2021 was approximately two years. Unearned professional services revenue results primarily from prepaid professional services and is generally recognized as the services are performed. Total billings and revenue recognized during the three months ended April 30, 2021 were $1.9 billion and $2.0 billion, respectively, and did not include amounts for performance obligations that were fully satisfied upon delivery, such as on-premises licenses. Revenue recognized during the three months ended May 1, 2020 was $1.8 billion and did not include amounts for performance obligations that were fully satisfied upon delivery, such as on-premises licenses. Remaining Performance Obligations Remaining performance obligations represent the aggregate amount of the transaction price in contracts allocated to performance obligations not delivered, or partially undelivered, as of the end of the reporting period. Remaining performance obligations include unearned revenue, multi-year contracts with future installment payments and certain unfulfilled orders against accepted non-cancellable customer contracts at the end of any given period. As of April 30, 2021, the aggregate transaction price allocated to remaining performance obligations was $11.0 billion, of which approximately 56% is expected to be recognized as revenue over the next twelve months and the remainder thereafter. As of January 29, 2021, the aggregate transaction price allocated to remaining performance obligations was $11.3 billion, of which approximately 55% was expected to be recognized as revenue during fiscal 2022, and the remainder thereafter.

Related Parties

Related Parties	3 Months Ended
Related Parties	Apr. 30, 2021
Related Party Transactions [Abstract]
Related Parties	Related Parties The information provided below includes a summary of transactions with Dell and Dell’s consolidated subsidiaries (collectively, “Dell”). Transactions with Dell VMware and Dell engaged in the following ongoing related party transactions, which resulted in revenue and receipts, and unearned revenue for VMware: • Pursuant to original equipment manufacturer (“OEM”) and reseller arrangements, Dell integrates or bundles VMware’s products and services with Dell’s products and sells them to end users. Dell also acts as a distributor, purchasing VMware’s standalone products and services for resale to end-user customers through VMware-authorized resellers. Revenue under these arrangements is presented net of related marketing development funds and rebates paid to Dell. In addition, VMware provides professional services to end users based upon contractual agreements with Dell. • Dell purchases products and services from VMware for its internal use. • From time to time, VMware and Dell enter into agreements to collaborate on technology projects, and Dell pays VMware for services or reimburses VMware for costs incurred by VMware, in connection with such projects. During the three months ended April 30, 2021 and May 1, 2020, revenue from Dell accounted for 35% and 32% of VMware’s consolidated revenue, respectively. During the three months ended April 30, 2021 and May 1, 2020, revenue recognized on transactions where Dell acted as an OEM accounted for 13% and 12% of total revenue from Dell, respectively, or 5% and 4% of VMware’s consolidated revenue, respectively. Dell purchases VMware products and services directly from VMware, as well as through VMware’s channel partners. Information about VMware’s revenue and receipts, and unearned revenue from such arrangements, for the periods presented consisted of the following (table in millions): Revenue and Receipts Unearned Revenue Three Months Ended As of April 30, May 1, April 30, January 29, 2021 2020 2021 2021 Reseller revenue $ 1,036 $ 864 $ 4,928 $ 4,952 Internal-use revenue 12 18 42 45 Receipts from Dell for collaborative technology projects were not material during the three months ended April 30, 2021 and May 1, 2020. Customer deposits resulting from transactions with Dell were $209 million and $214 million as of April 30, 2021 and January 29, 2021, respectively. VMware and Dell engaged in the following ongoing related party transactions, which resulted in costs to VMware: • VMware purchases and leases products and purchases services from Dell. • From time to time, VMware and Dell enter into agreements to collaborate on technology projects, and VMware pays Dell for services provided to VMware by Dell related to such projects. • In certain geographic regions where VMware does not have an established legal entity, VMware contracts with Dell subsidiaries for support services and support from Dell personnel who are managed by VMware. The costs incurred by Dell on VMware’s behalf related to these employees are charged to VMware with a mark-up intended to approximate costs that would have been incurred had VMware contracted for such services with an unrelated third party. These costs are included as expenses on VMw are’s condensed consolidated statements of income and primarily include salaries, benefits, travel and occupancy expenses. Dell also incurs certain administrative costs on VMware’s behalf in the United States (“U.S.”) that are recorded as expenses on VMware’s condensed consolidated statements of income. • In certain geographic regions, Dell files a consolidated indirect tax return, which inclu des value added taxes and other indirect taxes collected by VMware from its customers. VMware remits the indirect taxes to Dell, and Dell remits the tax payment to the foreign governments on VMware’s behalf. • From time to time, VMware invoices end users on behalf of Dell for certain services rendered by Dell. Cash related to these services is collected from the end user by VMware and remitted to Dell. • From time to time, VMware enters into agency arrangements with Dell that enable VMware to sell its subscriptions and services, leveraging the Dell enterprise relationships and end customer contracts. Information about VMware’s payments for such arrangements during the periods presented consisted of the following (table in millions): Three Months Ended April 30, May 1, 2021 2020 Purchases and leases of products and purchases of services (1) $ 47 $ 44 Dell subsidiary support and administrative costs 13 27 (1) Amount includes indirect taxes that were remitted to Dell during the periods presented. VMware also purchases Dell products through Dell’s channel partners. Purchases of Dell products through Dell’s channel partners were not significant during the periods presented. From time to time, VMware and Dell also enter into joint marketing, sales, branding and product development arrangements, for which both parties may incur costs. In connection with and subject to the consummation of the Spin-Off, VMware and Dell have agreed to enter into a commercial agreement that is intended to preserve and enhance the Company’s strategic partnership with Dell to deliver joint customer value and a transition services agreement to facilitate the transactions and the operation of the Company and Dell following the Spin-Off. Dell Financial Services (“DFS”) DFS provided financing to certain of VMware’s end users at the end users’ discretion. Upon acceptance of the financing arrangement by both VMware’s end users and DFS, amounts classified as trade accounts receivable are reclassified to due from related parties, net on th e condensed consolidated balance sheets. Revenue recognized on transactions financed through DFS was recorded net of financing fees. Financing fees on arrangements accepted by both parties were not significant during the three months ended April 30, 2021 and were $13 million during the three months ended May 1, 2020. Tax Agreements with Dell In connection with the Spin-Off and concurrently with the execution of the Separation and Distribution Agreement, effective as of April 14, 2021, VMware and Dell entered into a Tax Matters Agreement (the “Tax Matters Agreement”) and agreed to terminate the tax sharing agreement as amended on December 30, 2019 (together, the “Tax Agreements”). The Tax Matters Agreement governs the Company’s and Dell’s respective rights and obligations, both for pre-Spin-Off periods and post-Spin-Off periods, regarding income and other taxes, and related matters, including tax liabilities and benefits, attributes and returns. Payments received from and made to Dell pursuant to the Tax Agreements were $45 million and $12 million, respectively, during the three months ended April 30, 2021 and payments made to Dell pursuant to the Tax Agreements during the three months ended May 1, 2020 were $25 million. Payments from VMware to Dell under the Tax Agreements relate to VMware’s portion of federal income taxes on Dell’s consolidated tax return as well as state tax payments for combined states. The timing of the tax payments due to and from related parties is governed by the Tax Agreements. VMware’s portion of the mandatory one-time transition tax on accumulated earnings of foreign subsidiaries (the “Transition Tax”) is governed by a letter agreement between Dell, EMC and VMware executed on April 1, 2019 (the “Letter Agreement”). VMware’s portion of federal income taxes on Dell’s consolidated tax return differ from the amounts VMware would owe on a separate tax return basis and VMware’s payments to Dell generally are capped at the amount that VMware would have paid on a separate tax return basis. The difference between the amount of tax calculated on a separate tax return basis and the amount of tax calculated pursuant to the Tax Agreements that was recorded in additional paid-in capital was not significant during each of the three months ended April 30, 2021 and May 1, 2020. As a result of the activity under the Tax Agreements with Dell, amounts due to Dell were $523 million and $451 million as of April 30, 2021 and January 29, 2021, respectively, primarily related to VMware’s estimated tax obligation resulting from the Transition Tax. The 2017 Tax Act included a deferral election for an eight-year installment payment method on the Transition Tax. The Company expects to pay the remainder of its Transition Tax over a period of five years. Pivotal Tax Sharing Agreement with Dell During the fourth quarter of fiscal 2020, VMware completed the acquisition of Pivotal. Pivotal continues to file its separate tax return for U.S. federal income tax purposes as it left the Dell consolidated tax group at the time of Pivotal’s IPO in April 2018. Pivotal continues to be included on Dell’s unitary state tax returns. Pursuant to a tax sharing agreement, Pivotal historically received payments from Dell for tax benefits that Dell realized due to Pivotal’s inclusion on such returns. There were no payments received from Dell during the three months ended April 30, 2021 and May 1, 2020. Due To/From Related Parties, Net Amounts due to and from related parties, net as of the periods presented consisted of the following (table in millions): April 30, January 29, 2021 2021 Due from related parties, current $ 848 $ 1,558 Due to related parties, current (1) 95 120 Due from related parties, net, current $ 753 $ 1,438 (1) Includes an immaterial amount related to the Company’s current operating lease liabilities due to related parties. The Company also recognized an immaterial amount related to non-current operating lease liabilities due to related parties. This amount has been included in operating lease liabilities on t he condensed consolidated balance sheets as of April 30, 2021 and January 29, 2021. Amounts in due from related parties, net, excluding DFS and tax obligati ons, include the current portion of amounts due to and due from related parties. Amounts included in due from related parties, net are generally settled in cash within 60 days of each quarter-end. Notes Payable to Dell As of April 30, 2021 and January 29, 2021, VMware had an outstanding promissory note payable to Dell in the principal amount of $270 million due December 1, 2022. The note may be prepaid without penalty or premium. Interest is payable quarterly in arrears at the annual rate of 1.75%. During each of the three months ended April 30, 2021 and May 1, 2020, interest expense on the notes payable to Dell was not significant.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
Commitments and Contingencies	Apr. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation On March 5, 2020, two purported Pivotal stockholders filed a petition for appraisal in the Delaware Court of Chancery (the “Court”) seeking a judicial determination of the fair value of an aggregate total of 10,000,100 Pivotal shares (the “Appraisal Action”). Separately, on June 4, 2020, purported Pivotal stockholder Kenia Lopez filed a lawsuit in the Court against Dell, VMware, Michael Dell, Robert Mee, and Cynthia Gaylor (the “Lopez Action”), which alleges breach of fiduciary duty and aiding and abetting, all tied to VMware’s acquisition of Pivotal. On July 16, 2020, purported Pivotal stockholder Stephanie Howarth filed a similar lawsuit against the same defendants asserting similar claims (the “Howarth Action”). On August 14, 2020, the Court entered an order consolidating the Appraisal Action, the Lopez Action, and the Howarth Action into a single action (the “Consolidated Action”) for all purposes including pretrial discovery and trial. The Court has not yet issued a scheduling order for the Consolidated Action, but the parties have moved forward with pretrial discovery. On June 23, 2020, the Company made a payment of $91 million to the petitioners in the Appraisal Action, which reduces the Company’s exposure to accumulating interest. In addition, on September 23, 2020, the Company filed a motion to dismiss the claims asserted in the Lopez Action and the Howarth Action. A hearing on this motion occurred on April 27, 2021, but the Court has not yet issued its ruling. The Company is unable at this time to assess whether or to what extent it may be found liable and, if found liable, what the damages may be, and believes a loss is not probable and reasonably estimable. The Company intends to vigorously defend itself in connection with this matter. On April 25, 2019, Cirba Inc. and Cirba IP, Inc. (collectively, “Cirba”) sued VMware in the United States District Court for the District of Delaware (the “Delaware Court”) for allegedly infringing two patents and three trademarks (“First Action”). After an August 6, 2019 hearing, the Delaware Court denied Cirba’s preliminary injunction motion. On August 20, 2019, VMware filed counterclaims against Cirba for infringing four VMware patents. The Delaware Court severed VMware’s patent infringement counterclaims from Cirba’s claims. On January 24, 2020, a jury returned a verdict that VMware had willfully infringed Cirba’s two patents and awarded approximately $237 million in damages. As to Cirba’s trademark-related claims, the jury found that VMware was not liable. A total of $237 million was accrued for the First Action as of January 31, 2020, which reflected the estimated losses that were considered both probable and reasonably estimable at that time. The amount accrued for this matter was included in accrued expenses and other on the consolidated balance sheet as of January 31, 2020 and the charge was included in general and administrative expense on the consolidated statement of income for the year ended January 31, 2020. On March 9, 2020, the parties filed post-trial motions in the First Action. On December 21, 2020, the Delaware Court granted VMware’s request for a new trial based, in part, on Cirba Inc.’s lack of standing, set aside the verdict and damages award, and denied Cirba’s post-trial motions (the “Post-Trial Order”). On October 22, 2019, VMware filed a separate lawsuit against Cirba Inc. in the United States District Court for the Eastern District of Virginia for infringing four additional VMware patents (“Second Action”). The Second Action was transferred to the Delaware Court on February 25, 2020. On March 23, 2020, Cirba filed a counterclaim against VMware in the Second Action alleging infringement of an additional Cirba patent. The Delaware Court consolidated the First and Second Actions and ordered a consolidated trial on all of the parties’ patent infringement claims and counterclaims. On January 20, 2021, Cirba moved to certify the Post-Trial Order to enable an interlocutory appeal to the United States Court of Appeals for the Federal Circuit, and on May 3, 2021 the Court denied Cirba’s motion. Also, on May 3, 2021, the Court granted Cirba’s motion for leave to assert an additional patent against VMware. Separately, in February 2021, the U.S. Patent and Trademark Office (“PTO”) granted VMware’s ex parte reexamination request as to the ‘687 patent (which was at issue in the January 2020 trial and subject to the Court’s new trial order). In addition, in May 2021, the PTO’s Patent Trial and Appeal Board instituted Inter Partes Review (“IPR”) of the “492 patent in response to VMware’s IPR petition. As of January 29, 2021, the Company reassessed its estimated loss accrual for the First Action based on the Post-Trial Order and determined that a loss was no longer probable and reasonably estimable with respect to the consolidated First and Second Actions. Accordingly, the estimated loss accrual of $237 million recorded on the consolidated balance sheet was derecognized, with the credit included in general and administrative expense on the consolidated income statement for the year ended January 29, 2021. The Company is unable at this time to assess whether, or to what extent, it may be found liable and, if found liable, what the damages may be. The Company intends to vigorously defend against this matter. In December 2019, the staff of the Enforcement Division of the SEC requested documents and information related to VMware’s backlog and associated accounting and disclosures. VMware is fully cooperating with the SEC’s investigation and is unable to predict the outcome of this matter at this time. While VMware believes that it has valid defenses against each of the above legal matters, given the unpredictable nature of legal proceedings, an unfavorable resolution of one or more legal proceedings, claims, or investigations could have a material adverse effect on VMware’s consolidated financial statements. VMware accrues for a liability when a determination has been made that a loss is both probable and the amount of the loss can be reasonably estimated. If only a range can be estimated and no amount within the range is a better estimate than any other amount, an accrual is recorded for the minimum amount in the range. Significant judgment is required in both the determination that the occurrence of a loss is probable and is reasonably estimable. In making such judgments, VMware considers the impact of negotiations, settlements, rulings, advice of legal counsel and other information and events pertaining to a particular matter. Legal costs are generally recognized as expense when incurred. VMware is also subject to other legal, administrative and regulatory proceedings, claims, demands and investigations in the ordinary course of business or in connection with business mergers and acquisitions, including claims with respect to commercial, contracting and sales practices, product liability, intellectual property, employment, corporate and securities law, class action, whistleblower and other matters. From time to time, VMware also receives inquiries from and has discussions with government entities and stockholders on various matters. As of April 30, 2021, amounts accrued relating to these other matters arising as part of the ordinary course of business were considered not material. VMware does not believe that any liability from any reasonably possible disposition of such claims and litigation, individually or in the aggregate, would have a material adverse effect on its consolidated financial statements.

Definite-Lived Intangible Asset

Definite-Lived Intangible Assets, Net	3 Months Ended
Definite-Lived Intangible Assets, Net	Apr. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Definite-Lived Intangible Assets, Net	Definite-Lived Intangible Assets, Net As of the periods presented, definite-lived intangible assets consisted of the following (amounts in tables in millions): April 30, 2021 Weighted-Average Useful Lives Gross Carrying Amount Accumulated Amortization Net Book Value Purchased technology 5.3 $ 958 $ (505) $ 453 Customer relationships and customer lists 11.5 726 (305) 421 Trademarks and tradenames 7.6 132 (83) 49 Other 2.0 21 (18) 3 Total definite-lived intangible assets $ 1,837 $ (911) $ 926 January 29, 2021 Weighted-Average Useful Lives Gross Carrying Amount Accumulated Amortization Net Book Value Purchased technology 5.3 $ 948 $ (462) $ 486 Customer relationships and customer lists 11.4 727 (281) 446 Trademarks and tradenames 7.6 132 (78) 54 Other 2.0 21 (14) 7 Total definite-lived intangible assets $ 1,828 $ (835) $ 993 Amortization expense on definite-lived intangible assets was $77 million and $80 million during the three months ended April 30, 2021 and May 1, 2020, respectively. Based on intangible assets recorded as of April 30, 2021 and assuming no subsequent additions, dispositions or impairment of underlying assets, the remaining estimated annual amortization expense over the next five fiscal years and thereafter is expected to be as follows (table in millions): Remainder of 2022 $ 224 2023 251 2024 199 2025 106 2026 66 Thereafter 80 Total $ 926

Net Income Per Share

Net Income Per Share	3 Months Ended
Net Income Per Share	Apr. 30, 2021
Earnings Per Share [Abstract]
Net Income Per Share	Net Income Per ShareBasic net income per share is computed by dividing net income by the weighted-average number of common stock outstanding during the period. Diluted net income per share is computed by dividing net income by the weighted-average number of common stock outstanding and potentially dilutive securities outstanding during the period, as calculated using the treasury stock method. Potentially dilutive securities primarily include unvested restricted stock units (“RSUs”), including performance stock unit (“PSU”) awards, and stock options, including purchase options under VMware’s employee stock purchase plan. Securities are excluded from the computation of diluted net income per share if their effect would be anti-dilutive. VMware uses the two-class method to calculate net income per share. Since both classes share the same rights in dividends, basic and diluted earnings per share are the same for both classes. The following table sets forth the computations of basic and diluted net income per share during the periods presented (table in millions, except per share amounts and shares in thousands): Three Months Ended April 30, May 1, 2021 2020 Net income attributable to VMware, Inc. $ 425 $ 386 Weighted-average shares, basic for Classes A and B 419,116 418,383 Effect of other dilutive securities 2,922 3,130 Weighted-average shares, diluted for Classes A and B 422,038 421,513 Net income per weighted-average share, basic for Classes A and B $ 1.01 $ 0.92 Net income per weighted-average share, diluted for Classes A and B $ 1.01 $ 0.92 The following table sets forth the weighted-average common share equivalents of Class A common stock that were excluded from the diluted net income per share calculations during the periods presented because their effect would have been anti-dilutive (shares in thousands): Three Months Ended April 30, May 1, 2021 2020 Anti-dilutive securities: Employee stock options 40 550 Restricted stock units 513 6,167 Total 553 6,717

Cash, Cash Equivalents, Restric

Cash, Cash Equivalents, Restricted Cash and Short-Term Investments	3 Months Ended
	Apr. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Cash, Cash Equivalents, Restricted Cash and Short-Term Investments	Cash, Cash Equivalents, Restricted Cash and Short-Term Investments Cash and Cash Equivalents Cash and cash equivalents totaled $5.6 billion and $4.7 billion as of April 30, 2021 and January 29, 2021, respectively. Cash equivalents were $4.8 billion as of April 30, 2021 and consisted of money-market funds of $4.7 billion and time deposits of $89 million. Cash equivalents were $3.8 billion as of January 29, 2021 and consisted of money-market funds of $3.7 billion and time deposits of $102 million. Restricted Cash The following table provides a reconciliation of the Company’s cash and cash equivalents, and current and non-current portion of restricted cash reported on the condensed consolidated balance sheets that sum to the total cash, cash equivalents and restricted cash as of April 30, 2021 and January 29, 2021 (table in millions): April 30, January 29, 2021 2021 Cash and cash equivalents $ 5,594 $ 4,692 Restricted cash within other current assets 58 56 Restricted cash within other assets 15 22 Total cash, cash equivalents and restricted cash $ 5,667 $ 4,770 Amounts included in restricted cash primarily relate to certain employee-related benefits, as well as amounts related to installment payments to certain employees as part of acquisitions, subject to the achievement of specified future employment conditions. Short-Term Investments Short-term investments totaled $120 million and $23 million as of April 30, 2021 and January 29, 2021, respectively, and consisted of marketable equity securities. Short-term investments as of April 30, 2021 consisted of marketable equity securities that were previously subject to a certain sale restriction and therefore were classified as other assets on the condensed consolidated balance sheet as of January 29, 2021. Refer to Note I for more information regarding the Company’s marketable equity securities.

Debt

Debt	3 Months Ended
Debt	Apr. 30, 2021
Debt Disclosure [Abstract]
Debt	Debt Unsecured Senior Notes On April 7, 2020, VMware issued three series of unsecured senior notes pursuant to a public debt offering. The proceeds from the issuance were $2.0 billion, net of debt discount of $3 million and debt issuance costs of $17 million. VMware also has three series of unsecured senior notes issued on August 21, 2017 (collectively with the notes issued April 7, 2020, the “Senior Notes”). The carrying value of the Senior Notes as of the periods presented was as follows (amounts in millions): April 30, January 29, Effective Interest Rate 2021 2021 Senior Notes issued August 21, 2017: 2.95% Senior Note Due August 21, 2022 $ 1,500 $ 1,500 3.17% 3.90% Senior Note Due August 21, 2027 1,250 1,250 4.05% Senior Notes issued April 7, 2020: 4.50% Senior Note Due May 15, 2025 750 750 4.70% 4.65% Senior Note Due May 15, 2027 500 500 4.80% 4.70% Senior Note Due May 15, 2030 750 750 4.86% Total principal amount 4,750 4,750 Less: unamortized discount (6) (7) Less: unamortized debt issuance costs (25) (26) Net carrying amount included in long-term debt $ 4,719 $ 4,717 Interest on the Senior Notes issued on April 7, 2020 is payable semiannually in arrears, on May 15 and November 15 of each year, beginning November 15, 2020. The interest rate on each note issued on April 7, 2020 is subject to adjustment based on certain rating events. Interest on the Senior Notes issued on August 21, 2017 is payable semiannually in arrears, on February 21 and August 21 of each year. Interest expense was $48 million and $39 million during the three months ended April 30, 2021 and May 1, 2020, respectively. Interest expense, which included amortization of discount and issuance costs, was recognized on the condensed consolidated statements of income. The discount and issuance costs are amortized over the term of the Senior Notes on a straight-line basis, which approximates the effective interest method. The Senior Notes are redeemable in whole at any time or in part from time to time at VMware’s option, subject to a make-whole premium. In addition, upon the occurrence of certain change-of-control triggering events and certain downgrades of the ratings on the Senior Notes, VMware may be required to repurchase the notes at a repurchase price equal to 101% of the aggregate principal plus any accrued and unpaid interest on the date of repurchase. The Senior Notes rank equally in right of payment with VMware’s other unsecured and unsubordinated indebtedness. The Senior Notes contain restrictive covenants that, in certain circumstances, limit VMware’s ability to create certain liens, to enter into certain sale and leaseback transactions and to consolidate, merge, sell or otherwise dispose of all or substantially all of VMware’s assets. Refer to Note C for disclosure regarding the note payable to Dell. Revolving Credit Facility On September 12, 2017, VMware entered into an unsecured credit agreement establishing a revolving credit facility with a syndicate of lenders that provides the Company with a borrowing capacity of up to $1.0 billion for general corporate purposes. Commitments under the revolving credit facility are available for a period of five years, which may be extended, subject to the satisfaction of certain conditions, by up to two one-year periods. A s of April 30, 2021 and January 29, 2021, there was no outstanding borrowing under the revolving credit facility. The credit agreement contains certain representations, warranties and covenants. Commitment fees, interest rates and other terms of borrowing under the revolving credit facility may vary based on VMware’s external credit ratings. The amount paid in connection with the ongoing commitment fee, which is payable quarterly in arrears, was not significant duri ng the three months ended April 30, 2021 and May 1, 2020.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
Fair Value Measurements	Apr. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis Certain financial assets and liabilities are measured at fair value on a recurring basis. VMware determines fair value using the following hierarchy: • Level 1 - Quoted prices in active markets for identical assets or liabilities; • Level 2 - Inputs other than Level 1 inputs that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; and • Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. VMware did not have any significant assets or liabilities that were classified as Level 3 of the fair value hierarchy for the periods presented, and there have been no transfers between fair value measurement levels during the periods presented. The following tables set forth the fair value hierarchy of VMware’s cash equivalents and short-term investments that were required to be measured at fair value as of the periods presented (tables in millions): April 30, 2021 Level 1 Level 2 Total Cash equivalents: Money-market funds $ 4,725 $ — $ 4,725 Time deposits (1) — 89 89 Total cash equivalents $ 4,725 $ 89 $ 4,814 Short-term investments: Marketable equity securities $ 120 $ — $ 120 Total short-term investments $ 120 $ — $ 120 January 29, 2021 Level 1 Level 2 Total Cash equivalents: Money-market funds $ 3,738 $ — $ 3,738 Time deposits (1) — 102 102 Total cash equivalents $ 3,738 $ 102 $ 3,840 Short-term investments: Marketable equity securities $ 23 $ — $ 23 Total short-term investments $ 23 $ — $ 23 (1) Time deposits were valued at amortized cost, which approximated fair value. The note payable to Dell and the Senior Notes were not adjusted to fair value. The fair value of the note payable to Dell was $275 million and $276 million as of April 30, 2021 and January 29, 2021, respectively. The fair value of the Senior Notes was approximately $5.2 billion and $5.3 billion as of April 30, 2021 and January 29, 2021, respectively. Fair value for the note payable to Dell and the Senior Notes was estimated primarily based on observable market interest rates (Level 2 inputs). VMware offers a deferred compensation plan for eligible employees, which allows participants to defer payment for part or all of their compensation. There is no net impact to the condensed consolidated statements of income since changes in the fair value of the assets offset changes in the fair value of the liabilities. As such, assets and liabilities associated with this plan have not been included in the above tables. Assets associated with this plan were the same as the liabilities at $167 million and $140 million as of April 30, 2021 and January 29, 2021, respectively, and were included in other assets and other liabilities on the condensed consolidated balance sheets, respectively. Equity Securities With a Readily Determinable Fair Value VMware’s equity securities include an investment in a company that completed its initial public offering during the third quarter of fiscal 2021. The fair value of the investment is based on quoted prices for identical assets in an active market (Level 1). As of January 29, 2021, this investment had a fair value of $162 million, of which $139 million was included in other assets on the condensed consolidated balance sheet due to a certain sale restriction and $23 million was included in short-term investments as they were unrestricted and available for sale. The sale restriction lapsed for the remaining shares during the three months ended April 30, 2021. As of April 30, 2021, the fair value of the investment was $120 million and was included in short-term investments on the condensed consolidated balance sheet. During the three months ended April 30, 2021, VMware recognized unrealized losses of $33 million on the investment. A ll gains and losses, whether realized or unrealized, are recognized in other income (expense), net on the condensed consolidated statements of income. Equity Securities Without a Readily Determinable Fair Value VMware’s equity securities also include investments in privately held companies, which do not have a readily determinable fair value. As of April 30, 2021 and January 29, 2021, investments in privately held companies, which consisted primarily of equity securities, had a carrying value of $128 million and $129 million, respectively, and were included in other assets on the condensed consolidated balance sheets. Unrealized gains and losses recognized during the three months ended April 30, 2021 and May 1, 2020 were not significant. A

Derivatives and Hedging Activit

Derivatives and Hedging Activities	3 Months Ended
Derivatives and Hedging Activities	Apr. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging Activities	Derivatives and Hedging Activities VMware conducts business on a global basis in multiple foreign currencies, subjecting the Company to foreign currency risk. To mitigate a portion of this risk, VMware utilizes hedging contracts as described below, which potentially expose the Company to credit risk to the extent that the counterparties may be unable to meet the terms of the agreements. VMware manages counterparty risk by seeking counterparties of high credit quality and by monitoring credit ratings, credit spreads and other relevant public information about its counterparties. VMware does not, and does not intend to, use derivative instruments for trading or speculative purposes. Cash Flow Hedges To mitigate its exposure to foreign currency fluctuations resulting from certain operating expenses denominated in certain foreign currencies, VMware enters into forward contracts that are designated as cash flow hedging instruments as the accounting criteria for such designation are met. Therefore, the effective portion of gains or losses resulting from changes in the fair value of these instruments is initially reported in accumulated other comprehensive loss on the condensed consolidated balance sheets and is subsequently reclassified to the related operating expense line item on the condensed consolidated statements of income in the same period that the underlying expenses are incurred. During the three months ended April 30, 2021 and May 1, 2020, the effective portion of gains or losses reclassified to the condensed consolidated statements of income was not significant. Interest charges or forward points on VMware’s forward contracts were excluded from the assessment of hedge effectiveness and were recorded to the related operating expense line item on the condensed consolidated statements of income in the same period that the interest charges are incurred. These forward contracts have contractual maturities of twelve months or less, and as of April 30, 2021 and January 29, 2021, outstanding forward contracts had a total notional value of $374 million and $486 million, respectively. The notional value represents the gross amount of foreign currency that will be bought or sold upon maturity of the forward contract. The fair value of these forward contracts was not significant as of April 30, 2021 and January 29, 2021. During the three months ended April 30, 2021 and May 1, 2020, all cash flow hedges were considered effective. Forward Contracts Not Designated as Hedges VMware has established a program that utilizes forward contracts to offset the foreign currency risk associated with net outstanding monetary asset and liability positions. These forward contracts are not designated as hedging instruments under applicable accounting guidance, and therefore all changes in the fair value of the forward contracts are reported in other income (expense), net on the condensed consolidated statements of income. These forward contracts generally have a contractual maturity of one month, and as of April 30, 2021 and January 29, 2021, outstanding forward contracts had a total notional value of $907 million and $1.2 billion, respectively. The notional value represents the gross amount of foreign currency that will be bought or sold upon maturity of the forward contract. The fair value of these forward contracts was not significant as of April 30, 2021 and January 29, 2021. Gains related to the settlement of forward contracts were not significant during the three months ended April 30, 2021, and were $15 million during the three months ended May 1, 2020. Gains and losses are recorded in other income (expense), net on the condensed consolidated statements of income. The combined gains and losses related to the settlement of forward contracts and the underlying foreign currency denominated assets and liabilities were not significant during the three months ended April 30, 2021 and May 1, 2020. Net gains and losses are recorded in other income (expense), net on the condensed consolidated statements of income.

Leases

Leases	3 Months Ended
Leases	Apr. 30, 2021
Leases [Abstract]
Leases	Leases VMware has operating and finance leases primarily related to office facilities and equipment, which have remaining lease terms of one month to 25 years. The components of lease expense during the periods presented were as follows (table in millions): Three Months Ended April 30, May 1, 2021 2020 Operating lease expense $ 49 $ 46 Finance lease expense: Amortization of right-of-use (“ROU”) assets 2 2 Short-term lease expense — 1 Variable lease expense 7 8 Total lease expense $ 58 $ 57 From time to time, VMware enters into lease arrangements with Dell. Lease expense incurred for arrangements with Dell was not significant during the periods presented. The Company subleases certain leased office space to third parties when it determines there is excess leased capacity. Sublease income was not significant during the periods presented. Supplemental cash flow information related to operating and finance leases during the periods presented was as follows (table in millions): Three Months Ended April 30, May 1, 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 44 $ 43 Financing cash flows from finance leases 1 1 ROU assets obtained in exchange for lease liabilities: Operating leases $ 44 $ 74 Finance leases — 1 Supplemental balance sheet information related to operating and finance leases as of the period presented was as follows (table in millions): April 30, 2021 Operating Leases Finance Leases ROU assets, non-current (1) $ 1,001 $ 51 Lease liabilities, current (2) $ 115 $ 5 Lease liabilities, non-current (3) 891 48 Total lease liabilities $ 1,006 $ 53 January 29, 2021 Operating Leases Finance Leases ROU assets, non-current (1) $ 997 $ 53 Lease liabilities, current (2) $ 109 $ 5 Lease liabilities, non-current (3) 891 50 Total lease liabilities $ 1,000 $ 55 (1) ROU assets for operating leases are included in other assets property and equipment, net (2) Current lease liabilities are included primarily in accrued expenses and other (3) Non-current operating lease liabilities are presented as operating lease liabilities on the condensed consolidated balance sheets. Non-current finance lease liabilities are included in other liabilities Lease term and discount rate related to operating and finance leases as of the period presented were as follows: April 30, January 29, 2021 2021 Weighted-average remaining lease term (in years) Operating leases 12.4 12.6 Finance leases 8.0 8.3 Weighted-average discount rate Operating leases 3.4 % 3.5 % Finance leases 2.9 % 2.9 %
Leases	Leases VMware has operating and finance leases primarily related to office facilities and equipment, which have remaining lease terms of one month to 25 years. The components of lease expense during the periods presented were as follows (table in millions): Three Months Ended April 30, May 1, 2021 2020 Operating lease expense $ 49 $ 46 Finance lease expense: Amortization of right-of-use (“ROU”) assets 2 2 Short-term lease expense — 1 Variable lease expense 7 8 Total lease expense $ 58 $ 57 From time to time, VMware enters into lease arrangements with Dell. Lease expense incurred for arrangements with Dell was not significant during the periods presented. The Company subleases certain leased office space to third parties when it determines there is excess leased capacity. Sublease income was not significant during the periods presented. Supplemental cash flow information related to operating and finance leases during the periods presented was as follows (table in millions): Three Months Ended April 30, May 1, 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 44 $ 43 Financing cash flows from finance leases 1 1 ROU assets obtained in exchange for lease liabilities: Operating leases $ 44 $ 74 Finance leases — 1 Supplemental balance sheet information related to operating and finance leases as of the period presented was as follows (table in millions): April 30, 2021 Operating Leases Finance Leases ROU assets, non-current (1) $ 1,001 $ 51 Lease liabilities, current (2) $ 115 $ 5 Lease liabilities, non-current (3) 891 48 Total lease liabilities $ 1,006 $ 53 January 29, 2021 Operating Leases Finance Leases ROU assets, non-current (1) $ 997 $ 53 Lease liabilities, current (2) $ 109 $ 5 Lease liabilities, non-current (3) 891 50 Total lease liabilities $ 1,000 $ 55 (1) ROU assets for operating leases are included in other assets property and equipment, net (2) Current lease liabilities are included primarily in accrued expenses and other (3) Non-current operating lease liabilities are presented as operating lease liabilities on the condensed consolidated balance sheets. Non-current finance lease liabilities are included in other liabilities Lease term and discount rate related to operating and finance leases as of the period presented were as follows: April 30, January 29, 2021 2021 Weighted-average remaining lease term (in years) Operating leases 12.4 12.6 Finance leases 8.0 8.3 Weighted-average discount rate Operating leases 3.4 % 3.5 % Finance leases 2.9 % 2.9 %

Stockholders' Equity

Stockholders' Equity	3 Months Ended
Stockholders' Equity	Apr. 30, 2021
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders’ Equity VMware Stock Repurchases VMware purchases stock from time to time in open market transactions, subject to market conditions. The timing of any repurchases and the actual number of shares repurchased will depend on a variety of factors, including VMware’s stock price, cash requirements for operations and business combinations, corporate, legal and regulatory requirements and other market and economic conditions. VMware is not obligated to purchase any shares under its stock repurchase programs. Purchases may be discontinued at any time VMware believes additional purchases are not warranted. From time to time, VMware also purchases stock in private transactions, such as those with Dell. All shares repurchased under VMware’s stock repurchase programs are retired. During May 2019, VMware’s board of directors authorized the repurchase of up to $1.5 billion of Class A common stock through January 29, 2021. During July 2020, VMware’s board of directors extended authorization of the existing stock repurchase program through January 28, 2022 and authorized the repurchase of up to an additional $1.0 billion of Class A common stock through January 28, 2022. As of April 30, 2021, the cumulative authorized amount remaining for stock repurchases was $684 million. The following table summarizes stock repurchase activity during the periods presented (aggregate purchase price in millions, shares in thousands): Three Months Ended April 30, May 1, 2021 2020 Aggregate purchase price (1) $ 371 $ 181 Class A common stock repurchased 2,500 1,540 Weighted-average price per share $ 148.42 $ 117.52 VMware Restricted Stock VMware’s restricted stock primarily consists of RSU awards granted to employees. The value of an RSU grant is based on VMware’s stock price on the date of the grant. The shares underlying the RSU awards are not issued until the RSUs vest. Upon vesting, each RSU converts into one share of VMware’s Class A common stock. VMware’s restricted stock also includes PSU awards granted to certain VMware executives and employees. PSU awards have performance conditions and, in certain cases, a time-based or market-based vesting component. Upon vesting, PSU awards convert into VMware’s Class A common stock at various ratios ranging from 0.4 to 2.0 shares per PSU, depending upon the degree of achievement of the performance or market-based target designated by each award. If minimum performance thresholds are not achieved, then no shares are issued. The following table summarizes restricted stock activity since January 29, 2021 (units in thousands): VMware RSUs Number of Units Weighted-Average Grant Date Fair Value Outstanding, January 29, 2021 17,790 $ 147.46 Granted 1,126 124.52 Vested (874) 133.62 Forfeited (960) 106.12 Outstanding, April 30, 2021 17,082 147.96 The aggregate vesting date fair value of VMware’s restricted stock that vested during the three months ended April 30, 2021 was $128 million. As of April 30, 2021, restricted stock representing 17.1 million shares of VMware’s Class A common stock were outstanding, with an aggregate intrinsic value of $2.7 billion based on VMware’s closing stock price as of April 30, 2021. Net Excess Tax Benefits Net excess tax benefits recognized in connection with stock-based awards are included in income tax provision (benefit) on the condensed consolidated statements of income. Net excess tax benefits recognized during the three months ended April 30, 2021 was not material and was $13 million during the three months ended May 1, 2020. Accumulated Other Comprehensive Income (Loss) The changes in components of accumulated other comprehensive income (loss) during the periods presented were as follows (tables in millions): Unrealized Gain (Loss) on Foreign Currency Translation Adjustments Total Balance, January 29, 2021 $ (1) $ (4) $ (5) Unrealized gains (losses), net of tax provision (benefit) of $—, $—, and $— 2 — 2 Other comprehensive income (loss), net 2 — 2 Balance, April 30, 2021 $ 1 $ (4) $ (3) Unrealized Gain (Loss) on Foreign Currency Translation Adjustments Total Balance, January 31, 2020 $ — $ (4) $ (4) Unrealized gains (losses), net of tax provision (benefit) of ($2), $— and ($2) (13) — (13) Foreign currency translation adjustments — (1) (1) Other comprehensive income (loss), net (13) (1) (14) Balance, May 1, 2020 $ (13) $ (5) $ (18) The effective portion of gains or losses resulting from changes in the fair value of forward contracts designated as cash flow hedging instruments is reclassified to its related operating expense line item on the condensed consolidated statements of income in the same period that the underlying expenses are incurred. The amounts recorded to the related operating expense functional line items on the condensed consolidated statements of income were not significant to the individual functional line items during the periods presented.

Segment Information

Segment Information	3 Months Ended
Segment Information	Apr. 30, 2021
Segment Reporting [Abstract]
Segment Information	Segment Information VMware operates in one reportable operating segment; thus, all required financial segment information is included in the condensed consolidated financial statements. Operating segments are defined as components of an enterprise for which separate financial information is evaluated regularly by the chief operating decision maker in order to allocate resources and assess performance. VMware’s chief operating decision maker allocates resources and assesses performance based upon discrete financial information at the consolidated level. Revenue by type during the periods presented was as follows (table in millions): Three Months Ended April 30, May 1, 2021 2020 Revenue: License $ 646 $ 660 Subscription and SaaS 741 572 Total license and subscription and SaaS 1,387 1,232 Services: Software maintenance 1,321 1,245 Professional services 286 257 Total services 1,607 1,502 Total revenue $ 2,994 $ 2,734 Revenue by geographic area during the periods presented was as follows (table in millions): Three Months Ended April 30, May 1, 2021 2020 United States $ 1,466 $ 1,363 International 1,528 1,371 Total $ 2,994 $ 2,734 Revenue by geographic area is based on the ship-to addresses of VMware’s customers. No individual country other than the U.S. accounted for 10% or more of revenue during the three months ended April 30, 2021 and May 1, 2020. Long-lived assets by geographic area, which primarily include property and equipment, net, as of the periods presented were as follows (table in millions): April 30, January 29, 2021 2021 United States $ 852 $ 864 International 244 241 Total $ 1,096 $ 1,105 As of April 30, 2021 and January 29, 2021, the U.S. and India accounted for approximately 80% and 10% of these assets, respectively.

Overview and Basis of Present_2

Overview and Basis of Presentation (Policies)	3 Months Ended
Overview and Basis of Presentation (Policies)	Apr. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Unaudited Interim Financial Information	Unaudited Interim Financial Information The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial reporting. In the opinion of management, these unaudited condensed consolidated financial statements include all adjustments, consisting of normal recurring adjustments and accruals, for a fair statement of VMware’s condensed consolidated results of operations, financial position and cash flows for the periods presented. Results of operations are not necessarily indicative of the results that may be expected for the full fiscal year 2022. Certain information and footnote disclosures typically included in annual consolidated financial statements have been condensed or omitted. Accordingly, these unaudited interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in VMware’s Annual Report on Form 10-K filed on March 26, 2021. Effective September 7, 2016, Dell Technologies Inc. (“Dell”) (formerly Denali Holding Inc.) acquired EMC Corporation (“EMC”), VMware’s parent company, including EMC’s majority control of VMware. As of April 30, 2021, Dell controlled 80.7% of VMware’s outstanding common stock and 97.5% of the combined voting power of VMware’s outstanding common stock, including 31 million shares of VMware’s Class A common stock and all of VMware’s Class B common stock. As VMware is a majority-owned and controlled subsidiary of Dell, its results of operations and financial position are consolidated with Dell’s financial statements. On April 14, 2021, VMware and Dell entered into a Separation and Distribution Agreement, pursuant to which, subject to the satisfaction of all closing conditions, Dell will distribute the shares of Class A Stock and Class B Stock owned by its wholly owned subsidiaries, to the holders of shares of Dell as of a record date determined pursuant to the Separation and Distribution Agreement on a pro rata basis (the “Spin-Off”). Immediately following, and automatically as a result of the Spin-Off, and prior to receipt thereof by Dell’s stockholders, each share of Class B Stock will automatically convert into one fully paid and non-assessable share of Class A Stock. Subject to the various conditions, VMware will also pay a cash dividend, pro rata, to each of the holders of Common Stock (including Dell) immediately prior to the Spin-Off in an aggregate amount equal to an amount to be mutually agreed by Dell and VMware between $11.5 billion and $12.0 billion (the “Special Dividend”). As a result of the Spin-Off, Michael Dell, chairman and chief executive officer of Dell, and Silver Lake Partners, of which Egon Durban, a VMware director, is a managing partner, will own direct interests in VMware. Dell would receive approximately $9.3 billion to $9.7 billion in cash based on Dell's current 80.7% ownership in VMware as of April 30, 2021. VMware expects to fund the Special Dividend, in part, through the incurrence of new indebtedness. The Spin-Off is expected to close during the fourth quarter of calendar 2021, subject to certain closing conditions, including receipt of a favorable Internal Revenue Service (“IRS”) ruling that the distribution of shares to Dell and its stockholders will qualify as generally tax-free for U.S. federal income tax purposes. Management believes the assumptions underlying the condensed consolidated financial statements are reasonable. However, the amounts recorded for VMware’s related party transactions with Dell and its consolidated subsidiaries may not be considered arm’s length with an unrelated third party. Therefore, the condensed consolidated financial statements included herein may not necessarily reflect the results of operations, financial position and cash flows had VMware engaged in such
Principles of Consolidation	Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of VMware and subsidiaries in which VMware has a controlling financial interest. All intercompany transactions and account balances between VMware and its subsidiaries have been eliminated in consolidation. Transactions with Dell and its consolidated subsidiaries are generally settled in cash and are classified on the condensed consolidated statements of cash flows based upon the nature of the underlying transaction.
Use of Accounting Estimates	Use of Accounting EstimatesThe preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the reported amounts of revenue and expenses during the reporting periods, and the disclosure of contingent liabilities at the date of the financial statements. Estimates are used for, but not limited to, trade receivable valuation, marketing development funds, expected period of benefit for deferred commissions, useful lives assigned to fixed assets and intangible assets, valuation of goodwill and definite-lived intangibles, income taxes, stock-based compensation and contingencies. Actual results could differ from those estimates. To the extent the Company’s actual results differ materially from those estimates and assumptions, VMware’s future financial statements could be affected.
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards Effective January 30, 2021, VMware adopted, on a modified retrospective basis, Accounting Standards Update (“ASU”) No. 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity. This update simplifies the accounting for convertible instruments and contracts in an entity’s own equity and amends the diluted earnings per share guidance for greater consistency within the standard. The standard did not have an impact on the Company’s condensed consolidated financial statements during the three months ended April 30, 2021. Effective January 30, 2021, VMware adopted ASU No. 2019-12, Income Taxes (Topic 740), simplifying the accounting for income taxes. The standard did not have a material impact on the Company’s condensed consolidated financial statements.
Derivatives and Hedging Activities	VMware conducts business on a global basis in multiple foreign currencies, subjecting the Company to foreign currency risk. To mitigate a portion of this risk, VMware utilizes hedging contracts as described below, which potentially expose the Company to credit risk to the extent that the counterparties may be unable to meet the terms of the agreements. VMware manages counterparty risk by seeking counterparties of high credit quality and by monitoring credit ratings, credit spreads and other relevant public information about its counterparties. VMware does not, and does not intend to, use derivative instruments for trading or speculative purposes.

Revenue, Unearned Revenue and_2

Revenue, Unearned Revenue and Remaining Performance Obligations (Tables)	3 Months Ended
	Apr. 30, 2021
Revenue from Contract with Customer [Abstract]
Summary of Unearned Revenue	Unearned revenue as of the periods presented consisted of the following (table in millions): April 30, January 29, 2021 2021 Unearned license revenue $ 16 $ 15 Unearned subscription and SaaS revenue 2,064 1,998 Unearned software maintenance revenue 6,957 7,092 Unearned professional services revenue 1,163 1,209 Total unearned revenue $ 10,200 $ 10,314

Related Parties (Tables)

Related Parties (Tables)	3 Months Ended
Related Parties (Tables)	Apr. 30, 2021
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Information about VMware’s revenue and receipts, and unearned revenue from such arrangements, for the periods presented consisted of the following (table in millions): Revenue and Receipts Unearned Revenue Three Months Ended As of April 30, May 1, April 30, January 29, 2021 2020 2021 2021 Reseller revenue $ 1,036 $ 864 $ 4,928 $ 4,952 Internal-use revenue 12 18 42 45 Information about VMware’s payments for such arrangements during the periods presented consisted of the following (table in millions): Three Months Ended April 30, May 1, 2021 2020 Purchases and leases of products and purchases of services (1) $ 47 $ 44 Dell subsidiary support and administrative costs 13 27 (1) Amount includes indirect taxes that were remitted to Dell during the periods presented. Amounts due to and from related parties, net as of the periods presented consisted of the following (table in millions): April 30, January 29, 2021 2021 Due from related parties, current $ 848 $ 1,558 Due to related parties, current (1) 95 120 Due from related parties, net, current $ 753 $ 1,438

Definite-Lived Intangible Ass_2

Definite-Lived Intangible Assets, Net (Tables)	3 Months Ended
Definite-Lived Intangible Assets, Net (Tables)	Apr. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	As of the periods presented, definite-lived intangible assets consisted of the following (amounts in tables in millions): April 30, 2021 Weighted-Average Useful Lives Gross Carrying Amount Accumulated Amortization Net Book Value Purchased technology 5.3 $ 958 $ (505) $ 453 Customer relationships and customer lists 11.5 726 (305) 421 Trademarks and tradenames 7.6 132 (83) 49 Other 2.0 21 (18) 3 Total definite-lived intangible assets $ 1,837 $ (911) $ 926 January 29, 2021 Weighted-Average Useful Lives Gross Carrying Amount Accumulated Amortization Net Book Value Purchased technology 5.3 $ 948 $ (462) $ 486 Customer relationships and customer lists 11.4 727 (281) 446 Trademarks and tradenames 7.6 132 (78) 54 Other 2.0 21 (14) 7 Total definite-lived intangible assets $ 1,828 $ (835) $ 993
Schedule of Future Amortization Expense	Based on intangible assets recorded as of April 30, 2021 and assuming no subsequent additions, dispositions or impairment of underlying assets, the remaining estimated annual amortization expense over the next five fiscal years and thereafter is expected to be as follows (table in millions): Remainder of 2022 $ 224 2023 251 2024 199 2025 106 2026 66 Thereafter 80 Total $ 926

Net Income Per Share (Tables)

Net Income Per Share (Tables)	3 Months Ended
Net Income Per Share (Tables)	Apr. 30, 2021
Earnings Per Share [Abstract]
Computations of Basic and Diluted Net Income per Share	The following table sets forth the computations of basic and diluted net income per share during the periods presented (table in millions, except per share amounts and shares in thousands): Three Months Ended April 30, May 1, 2021 2020 Net income attributable to VMware, Inc. $ 425 $ 386 Weighted-average shares, basic for Classes A and B 419,116 418,383 Effect of other dilutive securities 2,922 3,130 Weighted-average shares, diluted for Classes A and B 422,038 421,513 Net income per weighted-average share, basic for Classes A and B $ 1.01 $ 0.92 Net income per weighted-average share, diluted for Classes A and B $ 1.01 $ 0.92
Antidilutive Securities Excluded from Computation of Net Income per Share	The following table sets forth the weighted-average common share equivalents of Class A common stock that were excluded from the diluted net income per share calculations during the periods presented because their effect would have been anti-dilutive (shares in thousands): Three Months Ended April 30, May 1, 2021 2020 Anti-dilutive securities: Employee stock options 40 550 Restricted stock units 513 6,167 Total 553 6,717

Cash, Cash Equivalents, Restr_2

Cash, Cash Equivalents, Restricted Cash and Short-Term Investments (Tables)	3 Months Ended
	Apr. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Cash and Cash Equivalents, Restricted Cash	The following table provides a reconciliation of the Company’s cash and cash equivalents, and current and non-current portion of restricted cash reported on the condensed consolidated balance sheets that sum to the total cash, cash equivalents and restricted cash as of April 30, 2021 and January 29, 2021 (table in millions): April 30, January 29, 2021 2021 Cash and cash equivalents $ 5,594 $ 4,692 Restricted cash within other current assets 58 56 Restricted cash within other assets 15 22 Total cash, cash equivalents and restricted cash $ 5,667 $ 4,770

Debt (Tables)

Debt (Tables)	3 Months Ended
Debt (Tables)	Apr. 30, 2021
Debt Disclosure [Abstract]
Carrying Value of Senior Notes	The carrying value of the Senior Notes as of the periods presented was as follows (amounts in millions): April 30, January 29, Effective Interest Rate 2021 2021 Senior Notes issued August 21, 2017: 2.95% Senior Note Due August 21, 2022 $ 1,500 $ 1,500 3.17% 3.90% Senior Note Due August 21, 2027 1,250 1,250 4.05% Senior Notes issued April 7, 2020: 4.50% Senior Note Due May 15, 2025 750 750 4.70% 4.65% Senior Note Due May 15, 2027 500 500 4.80% 4.70% Senior Note Due May 15, 2030 750 750 4.86% Total principal amount 4,750 4,750 Less: unamortized discount (6) (7) Less: unamortized debt issuance costs (25) (26) Net carrying amount included in long-term debt $ 4,719 $ 4,717

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
Fair Value Measurements (Tables)	Apr. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Hierarchy	The following tables set forth the fair value hierarchy of VMware’s cash equivalents and short-term investments that were required to be measured at fair value as of the periods presented (tables in millions): April 30, 2021 Level 1 Level 2 Total Cash equivalents: Money-market funds $ 4,725 $ — $ 4,725 Time deposits (1) — 89 89 Total cash equivalents $ 4,725 $ 89 $ 4,814 Short-term investments: Marketable equity securities $ 120 $ — $ 120 Total short-term investments $ 120 $ — $ 120 January 29, 2021 Level 1 Level 2 Total Cash equivalents: Money-market funds $ 3,738 $ — $ 3,738 Time deposits (1) — 102 102 Total cash equivalents $ 3,738 $ 102 $ 3,840 Short-term investments: Marketable equity securities $ 23 $ — $ 23 Total short-term investments $ 23 $ — $ 23 (1)

Leases (Tables)

Leases (Tables)	3 Months Ended
Leases (Tables)	Apr. 30, 2021
Leases [Abstract]
Lease Cost, Cash Flow, Term and Discount Rate	The components of lease expense during the periods presented were as follows (table in millions): Three Months Ended April 30, May 1, 2021 2020 Operating lease expense $ 49 $ 46 Finance lease expense: Amortization of right-of-use (“ROU”) assets 2 2 Short-term lease expense — 1 Variable lease expense 7 8 Total lease expense $ 58 $ 57 Supplemental cash flow information related to operating and finance leases during the periods presented was as follows (table in millions): Three Months Ended April 30, May 1, 2021 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 44 $ 43 Financing cash flows from finance leases 1 1 ROU assets obtained in exchange for lease liabilities: Operating leases $ 44 $ 74 Finance leases — 1 Lease term and discount rate related to operating and finance leases as of the period presented were as follows: April 30, January 29, 2021 2021 Weighted-average remaining lease term (in years) Operating leases 12.4 12.6 Finance leases 8.0 8.3 Weighted-average discount rate Operating leases 3.4 % 3.5 % Finance leases 2.9 % 2.9 %
Lease Assets and Liabilities	Supplemental balance sheet information related to operating and finance leases as of the period presented was as follows (table in millions): April 30, 2021 Operating Leases Finance Leases ROU assets, non-current (1) $ 1,001 $ 51 Lease liabilities, current (2) $ 115 $ 5 Lease liabilities, non-current (3) 891 48 Total lease liabilities $ 1,006 $ 53 January 29, 2021 Operating Leases Finance Leases ROU assets, non-current (1) $ 997 $ 53 Lease liabilities, current (2) $ 109 $ 5 Lease liabilities, non-current (3) 891 50 Total lease liabilities $ 1,000 $ 55 (1) ROU assets for operating leases are included in other assets property and equipment, net (2) Current lease liabilities are included primarily in accrued expenses and other (3) Non-current operating lease liabilities are presented as operating lease liabilities on the condensed consolidated balance sheets. Non-current finance lease liabilities are included in other liabilities
Operating Lease Liability Maturity	The following represents VMware’s future minimum lease payments under non-cancellable operating and finance leases as of the period presented (table in millions): April 30, 2021 Operating Leases Finance Leases Remainder of 2022 $ 105 $ 5 2023 171 7 2024 141 7 2025 109 6 2026 92 7 Thereafter 669 27 Total future minimum lease payments 1,287 59 Less: Imputed interest (281) (6) Total lease liabilities (1) $ 1,006 $ 53 (1) Total lease liabilities as of April 30, 2021 excluded legally binding lease payments for leases signed but not yet commenced of $96 million.
Finance Lease Liability Maturity	The following represents VMware’s future minimum lease payments under non-cancellable operating and finance leases as of the period presented (table in millions): April 30, 2021 Operating Leases Finance Leases Remainder of 2022 $ 105 $ 5 2023 171 7 2024 141 7 2025 109 6 2026 92 7 Thereafter 669 27 Total future minimum lease payments 1,287 59 Less: Imputed interest (281) (6) Total lease liabilities (1) $ 1,006 $ 53 (1) Total lease liabilities as of April 30, 2021 excluded legally binding lease payments for leases signed but not yet commenced of $96 million.

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
Stockholders' Equity (Tables)	Apr. 30, 2021
Stockholders' Equity Note [Abstract]
Stock Repurchase Program	The following table summarizes stock repurchase activity during the periods presented (aggregate purchase price in millions, shares in thousands): Three Months Ended April 30, May 1, 2021 2020 Aggregate purchase price (1) $ 371 $ 181 Class A common stock repurchased 2,500 1,540 Weighted-average price per share $ 148.42 $ 117.52
Summary of Restricted Stock Activity	The following table summarizes restricted stock activity since January 29, 2021 (units in thousands): VMware RSUs Number of Units Weighted-Average Grant Date Fair Value Outstanding, January 29, 2021 17,790 $ 147.46 Granted 1,126 124.52 Vested (874) 133.62 Forfeited (960) 106.12 Outstanding, April 30, 2021 17,082 147.96
Schedule of Accumulated Other Comprehensive Income (Loss)	The changes in components of accumulated other comprehensive income (loss) during the periods presented were as follows (tables in millions): Unrealized Gain (Loss) on Foreign Currency Translation Adjustments Total Balance, January 29, 2021 $ (1) $ (4) $ (5) Unrealized gains (losses), net of tax provision (benefit) of $—, $—, and $— 2 — 2 Other comprehensive income (loss), net 2 — 2 Balance, April 30, 2021 $ 1 $ (4) $ (3) Unrealized Gain (Loss) on Foreign Currency Translation Adjustments Total Balance, January 31, 2020 $ — $ (4) $ (4) Unrealized gains (losses), net of tax provision (benefit) of ($2), $— and ($2) (13) — (13) Foreign currency translation adjustments — (1) (1) Other comprehensive income (loss), net (13) (1) (14) Balance, May 1, 2020 $ (13) $ (5) $ (18)

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
Segment Information (Tables)	Apr. 30, 2021
Segment Reporting [Abstract]
Schedule of Revenue by Type	Revenue by type during the periods presented was as follows (table in millions): Three Months Ended April 30, May 1, 2021 2020 Revenue: License $ 646 $ 660 Subscription and SaaS 741 572 Total license and subscription and SaaS 1,387 1,232 Services: Software maintenance 1,321 1,245 Professional services 286 257 Total services 1,607 1,502 Total revenue $ 2,994 $ 2,734
Schedule of Revenue by Geographic Area	Revenue by geographic area during the periods presented was as follows (table in millions): Three Months Ended April 30, May 1, 2021 2020 United States $ 1,466 $ 1,363 International 1,528 1,371 Total $ 2,994 $ 2,734
Schedule of Long-Lived Assets by Geographic Area	Long-lived assets by geographic area, which primarily include property and equipment, net, as of the periods presented were as follows (table in millions): April 30, January 29, 2021 2021 United States $ 852 $ 864 International 244 241 Total $ 1,096 $ 1,105

Overview and Basis of Present_3

Overview and Basis of Presentation (Details) - USD ($) shares in Millions, $ in Billions	Apr. 14, 2021	Apr. 30, 2021
Minimum
Overview and Basis of Presentation [Line Items]
Special dividend	$ 11.5
Maximum
Overview and Basis of Presentation [Line Items]
Special dividend	12
Dell Technologies Inc. \| Minimum
Overview and Basis of Presentation [Line Items]
Cash expected to be received resulting from spinoff	9.3
Dell Technologies Inc. \| Maximum
Overview and Basis of Presentation [Line Items]
Cash expected to be received resulting from spinoff	$ 9.7
VMware \| Dell Technologies Inc.
Overview and Basis of Presentation [Line Items]
Outstanding ownership percentage of VMware controlled by Dell		80.70%
Combined voting power of outstanding stock (as a percentage)		97.50%
VMware \| Dell Technologies Inc. \| Class A Common Stock
Overview and Basis of Presentation [Line Items]
VMware's outstanding common stock controlled by Dell (in shares)		31

Revenue, Unearned Revenue and_3

Revenue, Unearned Revenue and Remaining Performance Obligations (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2021	May 01, 2020	Jan. 29, 2021
Revenue from Contract with Customer [Abstract]
Contract assets	$ 40		$ 43
Customer deposits included in accrued expenses and other	283		294
Customer deposits included in other liabilities	155		163
Deferred commissions, current	20		31
Deferred commissions, non-current	1,100		$ 1,100
Amortization of deferred commissions	$ 125	$ 100
Remaining weighted average contractual duration	2 years
Current period billings	$ 1,900
Revenue recognized from amounts previously classified as unearned revenue	$ 2,000	$ 1,800

Revenue, Unearned Revenue and_4

Revenue, Unearned Revenue and Remaining Performance Obligations (Summary of Unearned Revenue) (Details) - USD ($) $ in Millions	Apr. 30, 2021	Jan. 29, 2021
Disaggregation of Revenue [Line Items]
Unearned revenue	$ 10,200	$ 10,314
Unearned license revenue
Disaggregation of Revenue [Line Items]
Unearned revenue	16	15
Unearned subscription and SaaS revenue
Disaggregation of Revenue [Line Items]
Unearned revenue	2,064	1,998
Unearned software maintenance revenue
Disaggregation of Revenue [Line Items]
Unearned revenue	6,957	7,092
Unearned professional services revenue
Disaggregation of Revenue [Line Items]
Unearned revenue	$ 1,163	$ 1,209

Revenue, Unearned Revenue and_5

Revenue, Unearned Revenue and Remaining Performance Obligations (Remaining Performance Obligations) (Details) - USD ($) $ in Billions	Apr. 30, 2021	Jan. 29, 2021
Revenue from Contract with Customer [Abstract]
Remaining performance obligation	$ 11	$ 11.3
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-30
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation percentage		55.00%
Remaining performance obligation period		12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-05-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation percentage	56.00%
Remaining performance obligation period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-05-02
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation period

Related Parties (Transactions w

Related Parties (Transactions with Dell) (Details)	3 Months Ended
Related Parties (Transactions with Dell) (Details)	Apr. 30, 2021	May 01, 2020
Dell acting as OEM
Related Party Transaction [Line Items]
Percentage of revenues	5.00%	4.00%
Dell \| OEM Revenue
Related Party Transaction [Line Items]
Percentage of revenues	13.00%	12.00%
Majority Shareholder \| Dell \| Revenue Benchmark
Related Party Transaction [Line Items]
Concentration risk, percentage	35.00%	32.00%

Related Parties (Schedule of Re

Related Parties (Schedule of Related Party Transactions) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2021	May 01, 2020	Jan. 29, 2021
Related Party Transaction [Line Items]
Unearned Revenue	$ 10,200		$ 10,314
Dell
Related Party Transaction [Line Items]
Customer deposits	209		214
Dell \| Reseller revenue
Related Party Transaction [Line Items]
Revenue and Receipts	1,036	$ 864
Unearned Revenue	4,928		4,952
Dell \| Internal-use revenue
Related Party Transaction [Line Items]
Revenue and Receipts	12	18
Unearned Revenue	42		$ 45
Dell \| Purchases and leases of products and purchases of services
Related Party Transaction [Line Items]
Related party costs	47	44
Dell \| Dell subsidiary support and administrative costs
Related Party Transaction [Line Items]
Related party costs	$ 13	$ 27

Related Parties (Dell Financial

Related Parties (Dell Financial Services) (Details) $ in Millions	3 Months Ended
	May 01, 2020USD ($)
Dell \| Financial Services
Related Party Transaction [Line Items]
Financing fees	$ 13

Related Parties (Tax Agreements

Related Parties (Tax Agreements with Dell) (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Apr. 30, 2021	May 01, 2020	Jan. 29, 2021
Related Party Transaction [Line Items]
Transition tax, payment period	5 years
Dell
Related Party Transaction [Line Items]
Income tax due to related parties, non-current	$ 523		$ 451
Dell \| Tax sharing agreement
Related Party Transaction [Line Items]
Proceeds from tax refunds	45
Payments made to Dell	$ 12	$ 25

Related Parties (Due To_From Re

Related Parties (Due To/From Related Parties, Net) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2021	Jan. 29, 2021
Related Party Transaction [Line Items]
Due from related parties, net cash settlement period	60 days
Dell
Related Party Transaction [Line Items]
Due from related parties, current	$ 848	$ 1,558
Due to related parties, current	95	120
Due from related parties, net, current	$ 753	$ 1,438

Related Parties (Note Payable t

Related Parties (Note Payable to Dell) (Details) - Dell - Notes payable - Note, December 2022 - USD ($) $ in Millions	Apr. 30, 2021	Jan. 29, 2021
Related Party Transaction [Line Items]
Principal amount	$ 270	$ 270
Interest rate	1.75%

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	Jun. 23, 2020USD ($)	Mar. 05, 2020stockholdershares	Jan. 24, 2020USD ($)patent	Oct. 22, 2019patent	Aug. 20, 2019patent	Apr. 25, 2019trademarkpatent	Jan. 29, 2021USD ($)	Jan. 31, 2020USD ($)
Appraisal Action
Loss Contingencies [Line Items]
Number of petitioners \| stockholder		2
Aggregate number of shares seeking a judicial determination of fair value \| shares		10,000,100
Amount paid to the petitioners	$ 91
Cirba Inc. Vs. VMware
Loss Contingencies [Line Items]
Patent infringement claims \| patent						2
Trademark infringement claims \| trademark						3
Number of patents allegedly infringed upon \| patent				4	4
Number of patents willfully infringed upon \| patent			2
Damages awarded			$ 237
Accrued loss contingency								$ 237
Derecognition of estimated loss accrual							$ 237

Definite-Lived Intangible Ass_3

Definite-Lived Intangible Assets, Net (Intangible Assets Detail) (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Apr. 30, 2021	May 01, 2020	Jan. 29, 2021
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 1,837		$ 1,828
Accumulated Amortization	(911)		(835)
Net Book Value	926		993
Amortization expense	77	$ 80
Purchased technology
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	958		948
Accumulated Amortization	(505)		(462)
Net Book Value	$ 453		$ 486
Purchased technology \| Weighted Average
Finite-Lived Intangible Assets [Line Items]
Weighted-Average Useful Lives (in years)	5 years 3 months 18 days		5 years 3 months 18 days
Customer relationships and customer lists
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 726		$ 727
Accumulated Amortization	(305)		(281)
Net Book Value	$ 421		$ 446
Customer relationships and customer lists \| Weighted Average
Finite-Lived Intangible Assets [Line Items]
Weighted-Average Useful Lives (in years)	11 years 6 months		11 years 4 months 24 days
Trademarks and tradenames
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 132		$ 132
Accumulated Amortization	(83)		(78)
Net Book Value	$ 49		$ 54
Trademarks and tradenames \| Weighted Average
Finite-Lived Intangible Assets [Line Items]
Weighted-Average Useful Lives (in years)	7 years 7 months 6 days		7 years 7 months 6 days
Other
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 21		$ 21
Accumulated Amortization	(18)		(14)
Net Book Value	$ 3		$ 7
Other \| Weighted Average
Finite-Lived Intangible Assets [Line Items]
Weighted-Average Useful Lives (in years)	2 years		2 years

Definite-Lived Intangible Ass_4

Definite-Lived Intangible Assets, Net (Amortization of Intangible Assets) (Details) - USD ($) $ in Millions	Apr. 30, 2021	Jan. 29, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2022	$ 224
2023	251
2024	199
2025	106
2026	66
Thereafter	80
Net Book Value	$ 926	$ 993

Net Income Per Share (Computati

Net Income Per Share (Computations of Basic and Diluted Net Income Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Apr. 30, 2021	May 01, 2020
Earnings Per Share [Abstract]
Net income attributable to VMware, Inc.	$ 425	$ 386
Weighted-average shares, basic for Classes A and B (in shares)	419,116	418,383
Effect of other dilutive securities (in shares)	2,922	3,130
Weighted-average shares, diluted for Classes A and B (in shares)	422,038	421,513
Net income per weighted-average share, basic for Classes A and B (in USD per share)	$ 1.01	$ 0.92
Net income per weighted-average share, diluted for Classes A and B (in USD per share)	$ 1.01	$ 0.92

Net Income Per Share (Anti-Dilu

Net Income Per Share (Anti-Dilutive Shares Excluded From Net Income) (Details) - Class A Common Stock - shares shares in Thousands	3 Months Ended
	Apr. 30, 2021	May 01, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities, amount (in shares)	553	6,717
Employee stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities, amount (in shares)	40	550
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities, amount (in shares)	513	6,167

Cash, Cash Equivalents, Restr_3

Cash, Cash Equivalents, Restricted Cash and Short-Term Investments (Cash and Cash Equivalents) (Details) - USD ($) $ in Millions	Apr. 30, 2021	Jan. 29, 2021
Cash equivalents:
Cash and cash equivalents	$ 5,594	$ 4,692
Cash equivalents	4,800	3,800
Money-market funds
Cash equivalents:
Cash equivalents	4,700	3,700
Time deposits
Cash equivalents:
Cash equivalents	$ 89	$ 102

Cash, Cash Equivalents, Restr_4

Cash, Cash Equivalents, Restricted Cash and Short-Term Investments (Restricted Cash) (Details) - USD ($) $ in Millions	Apr. 30, 2021	Jan. 29, 2021	May 01, 2020	Jan. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Cash and cash equivalents	$ 5,594	$ 4,692
Restricted cash within other current assets	58	56
Restricted cash within other assets	15	22
Total cash, cash equivalents and restricted cash	$ 5,667	$ 4,770	$ 6,071	$ 3,031

Cash, Cash Equivalents, Restr_5

Cash, Cash Equivalents, Restricted Cash and Short-Term Investments (Short-Term Investments) (Details) - USD ($) $ in Millions	Apr. 30, 2021	Jan. 29, 2021
Investments, Debt and Equity Securities [Abstract]
Short-term investments	$ 120	$ 23

Debt (Narrative) (Details)

Debt (Narrative) (Details)	Apr. 07, 2020USD ($)debt_instrument	Sep. 12, 2017USD ($)extension	Apr. 30, 2021USD ($)	May 01, 2020USD ($)	Jan. 29, 2021USD ($)
Debt Instrument [Line Items]
Interest expense			$ 50,000,000	$ 49,000,000
Long-term debt			4,719,000,000		$ 4,717,000,000
Senior Notes
Debt Instrument [Line Items]
Number of debt instruments \| debt_instrument	3
Proceeds from debt issuance	$ 2,000,000,000
Debt discount	3,000,000		6,000,000		7,000,000
Debt issuance costs	$ 17,000,000
Interest expense			$ 48,000,000	$ 39,000,000
Repurchase price as percent of principal			101.00%
Long-term debt			$ 4,719,000,000		4,717,000,000
Line of Credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility maximum borrowing capacity		$ 1,000,000,000
Line of credit term		5 years
Number of line of credit term extensions \| extension		2
Line of credit term extension duration		1 year
Long-term debt			$ 0		$ 0

Debt (Carrying Value of Senior

Debt (Carrying Value of Senior Notes) (Details) - USD ($) $ in Millions	Apr. 30, 2021	Jan. 29, 2021	Apr. 07, 2020
Debt Instrument [Line Items]
Net carrying amount included in long-term debt	$ 4,719	$ 4,717
Senior Notes
Debt Instrument [Line Items]
Long-term debt	4,750	4,750
Less: unamortized discount	(6)	(7)	$ (3)
Less: unamortized debt issuance costs	(25)	(26)
Net carrying amount included in long-term debt	$ 4,719	$ 4,717
Senior Notes \| 2.95% Senior Note Due August 21, 2022
Debt Instrument [Line Items]
Interest rate	2.95%	2.95%
Long-term debt	$ 1,500	$ 1,500
Effective Interest Rate	3.17%
Senior Notes \| 3.90% Senior Note Due August 21, 2027
Debt Instrument [Line Items]
Interest rate	3.90%	3.90%
Long-term debt	$ 1,250	$ 1,250
Effective Interest Rate	4.05%
Senior Notes \| 4.50% Senior Note Due May 15, 2025
Debt Instrument [Line Items]
Interest rate	4.50%
Long-term debt	$ 750	750
Effective Interest Rate	4.70%
Senior Notes \| 4.65% Senior Note Due May 15, 2027
Debt Instrument [Line Items]
Interest rate	4.65%
Long-term debt	$ 500	500
Effective Interest Rate	4.80%
Senior Notes \| 4.70% Senior Note Due May 15, 2030
Debt Instrument [Line Items]
Interest rate	4.70%
Long-term debt	$ 750	$ 750
Effective Interest Rate	4.86%

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value Hierarchy) (Details) - USD ($) $ in Millions	Apr. 30, 2021	Jan. 29, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	$ 120	$ 23
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	120	23
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	0	0
Cash equivalents
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	4,814	3,840
Cash equivalents \| Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	4,725	3,738
Cash equivalents \| Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	89	102
Money-market funds
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	4,725	3,738
Money-market funds \| Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	4,725	3,738
Money-market funds \| Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	0	0
Time deposits
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	89	102
Time deposits \| Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	0	0
Time deposits \| Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents	$ 89	$ 102

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2021	Jan. 29, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets	$ 167	$ 140
Investment at fair value		162
Investment at fair value included in other assets		139
Investment at fair value included in short-term investments	120	23
Unrealized loss on investments	33
Securities without readily determinable fair value	128	129
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment at fair value included in short-term investments	0	0
Level 2 \| Notes Payable \| Dell
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	275	276
Level 2 \| Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	$ 5,200	$ 5,300

Derivatives and Hedging Activ_2

Derivatives and Hedging Activities (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2021	May 01, 2020	Jan. 29, 2021
Derivative [Line Items]
Gain (loss) on forward contracts not designated as hedging instruments		$ 15
Foreign Exchange Forward \| Not Designated As Hedging Instrument
Derivative [Line Items]
Forward contract maturity	1 month
Notional amount	$ 907		$ 1,200
Cash Flow Hedging \| Foreign Exchange Forward \| Designated As Hedging Instrument
Derivative [Line Items]
Notional amount	$ 374		$ 486
Cash Flow Hedging \| Foreign Exchange Forward \| Designated As Hedging Instrument \| Maximum
Derivative [Line Items]
Forward contract maturity	12 months

Leases (Narrative) (Details)

Leases (Narrative) (Details)	3 Months Ended
Leases (Narrative) (Details)	Apr. 30, 2021
Minimum
Lessee, Lease, Description [Line Items]
Term of lease contract	1 month
Maximum
Lessee, Lease, Description [Line Items]
Term of lease contract	25 years

Leases (Lease Cost) (Details)

Leases (Lease Cost) (Details) - USD ($) $ in Millions	3 Months Ended
Leases (Lease Cost) (Details) - USD ($) $ in Millions	Apr. 30, 2021	May 01, 2020
Leases [Abstract]
Operating lease expense	$ 49	$ 46
Finance lease expense:
Amortization of right-of-use (“ROU”) assets	2	2
Short-term lease expense	0	1
Variable lease expense	7	8
Total lease expense	$ 58	$ 57

Leases (Lease Cash Flow) (Detai

Leases (Lease Cash Flow) (Details) - USD ($) $ in Millions	3 Months Ended
Leases (Lease Cash Flow) (Details) - USD ($) $ in Millions	Apr. 30, 2021	May 01, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 44	$ 43
Financing cash flows from finance leases	1	1
ROU assets obtained in exchange for lease liabilities:
Operating leases	44	74
Finance leases	$ 0	$ 1

Leases (Lease Assets and Liabil

Leases (Lease Assets and Liabilities) (Details) - USD ($) $ in Millions	Apr. 30, 2021	Jan. 29, 2021
Operating Leases
ROU assets, non-current	$ 1,001	$ 997
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssets	us-gaap:OtherAssets
Lease liabilities, current	$ 115	$ 109
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued expenses and other	Accrued expenses and other
Lease liabilities, non-current	$ 891	$ 891
Total lease liabilities	1,006	1,000
Finance Leases
ROU assets, non-current	$ 51	$ 53
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
Lease liabilities, current	$ 5	$ 5
Lease liabilities, non-current	$ 48	$ 50
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other liabilities	Other liabilities
Total lease liabilities	$ 53	$ 55

Leases (Lease Term and Discount

Leases (Lease Term and Discount Rate) (Details)	Apr. 30, 2021	Jan. 29, 2021
Weighted-average remaining lease term (in years)
Operating leases	12 years 4 months 24 days	12 years 7 months 6 days
Finance leases	8 years	8 years 3 months 18 days
Weighted-average discount rate
Operating leases	3.40%	3.50%
Finance leases	2.90%	2.90%

Leases (Lease Liability Maturit

Leases (Lease Liability Maturity) (Details) - USD ($) $ in Millions	Apr. 30, 2021	Jan. 29, 2021
Operating Leases
Remainder of 2022	$ 105
2023	171
2024	141
2025	109
2026	92
Thereafter	669
Total future minimum lease payments	1,287
Less: Imputed interest	(281)
Total lease liabilities	1,006	$ 1,000
Finance Leases
Remainder of 2022	5
2023	7
2024	7
2025	6
2026	7
Thereafter	27
Total future minimum lease payments	59
Less: Imputed interest	(6)
Total lease liabilities	53	$ 55
Legally binding minimum lease payments for leases signed but not yet commenced	$ 96

Stockholders' Equity (Stock Rep

Stockholders' Equity (Stock Repurchase Program) (Details) - USD ($) $ / shares in Units, shares in Thousands	3 Months Ended
	Apr. 30, 2021	May 01, 2020	May 31, 2019
Class of Stock [Line Items]
Aggregate purchase price	$ 371,000,000	$ 181,000,000
Class A Common Stock
Class of Stock [Line Items]
Authorized repurchase amount under stock repurchase program	1,000,000,000		$ 1,500,000,000
Remaining authorized repurchase amount	684,000,000
Aggregate purchase price	$ 371,000,000	$ 181,000,000
Class A common stock repurchased (in shares)	2,500	1,540
Weighted-average price per share (in USD per share)	$ 148.42	$ 117.52

Stockholders' Equity (Summary o

Stockholders' Equity (Summary of Restricted Stock Activity) (Details) - Class A Common Stock $ / shares in Units, $ in Millions	3 Months Ended
	Apr. 30, 2021USD ($)$ / sharesshares
RSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock unit conversion into common stock (in shares)	1
Fair value of restricted stock-based awards, vested \| $	$ 128
Aggregate intrinsic value, nonvested \| $	$ 2,700
Number of Units
Outstanding (in shares)	17,790,000
Granted (in shares)	1,126,000
Vested (in shares)	(874,000)
Forfeited (in shares)	(960,000)
Outstanding (in shares)	17,082,000
Weighted-Average Grant Date Fair Value
Outstanding, weighted-average grant date fair value (in USD per share) \| $ / shares	$ 147.46
Granted, weighted-average grant date fair value (in USD per share) \| $ / shares	124.52
Vested, weighted-average grant date fair value (in USD per share) \| $ / shares	133.62
Forfeited, weighted-average grant date fair value (in USD per share) \| $ / shares	106.12
Outstanding, weighted-average grant date fair value (in USD per share) \| $ / shares	$ 147.96
PSU \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion ratio	0.4
PSU \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Conversion ratio	2

Stockholders' Equity (Net Exces

Stockholders' Equity (Net Excess Tax Benefits) (Details) $ in Millions	3 Months Ended
	May 01, 2020USD ($)
Stockholders' Equity Note [Abstract]
Net excess tax benefits	$ 13

Stockholders' Equity (Accumulat

Stockholders' Equity (Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 30, 2021	May 01, 2020
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance	$ 9,051
Total other comprehensive income (loss)	2	$ (14)
Balance	9,453
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance	(5)	(4)
Total other comprehensive income (loss)	2	(14)
Balance	(3)	(18)
Tax provision (benefit) before reclassifications	0	(2)
Unrealized Gain (Loss) on Forward Contracts
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance	(1)	0
Other comprehensive income (loss), before reclassifications, net of tax	2	(13)
Total other comprehensive income (loss)	2	(13)
Balance	1	(13)
Tax provision (benefit) before reclassifications	0	(2)
Foreign Currency Translation Adjustments
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance	(4)	(4)
Other comprehensive income (loss), before reclassifications, net of tax		(1)
Total other comprehensive income (loss)	0	(1)
Balance	(4)	(5)
Tax provision (benefit) before reclassifications	$ 0	$ 0

Segment Information (Schedule o

Segment Information (Schedule of Revenue by Type) (Details) $ in Millions		3 Months Ended
		Apr. 30, 2021USD ($)segment	May 01, 2020USD ($)
Segment Reporting [Abstract]
Number of reportable segments \| segment		1
Disaggregation of Revenue [Line Items]
Revenue	[1]	$ 2,994	$ 2,734
Total license and subscription and SaaS
Disaggregation of Revenue [Line Items]
Revenue		1,387	1,232
License
Disaggregation of Revenue [Line Items]
Revenue	[1]	646	660
Subscription and SaaS
Disaggregation of Revenue [Line Items]
Revenue	[1]	741	572
Total services
Disaggregation of Revenue [Line Items]
Revenue	[1]	1,607	1,502
Software maintenance
Disaggregation of Revenue [Line Items]
Revenue		1,321	1,245
Professional services
Disaggregation of Revenue [Line Items]
Revenue		$ 286	$ 257

[1]	Includes related party revenue as follows (refer to Note C): License $ 287 $ 323 Subscription and SaaS 173 115 Services 588 444

Segment Information (Schedule_2

Segment Information (Schedule of Revenue by Geographic Area) (Details) - USD ($) $ in Millions		3 Months Ended
		Apr. 30, 2021	May 01, 2020
Revenues From External Customers And Long-Lived Assets [Line Items]
Revenue	[1]	$ 2,994	$ 2,734
United States
Revenues From External Customers And Long-Lived Assets [Line Items]
Revenue		1,466	1,363
International
Revenues From External Customers And Long-Lived Assets [Line Items]
Revenue		$ 1,528	$ 1,371

[1]	Includes related party revenue as follows (refer to Note C): License $ 287 $ 323 Subscription and SaaS 173 115 Services 588 444

Segment Information (Schedule_3

Segment Information (Schedule of Long-Lived Assets by Geographic Area) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Apr. 30, 2021	Jan. 29, 2021
Revenues From External Customers And Long-Lived Assets [Line Items]
Long-lived assets by geographic area	$ 1,096	$ 1,105
United States
Revenues From External Customers And Long-Lived Assets [Line Items]
Long-lived assets by geographic area	$ 852	$ 864
United States \| Assets Benchmark \| Geographic Concentration Risk
Revenues From External Customers And Long-Lived Assets [Line Items]
Concentration risk, percentage	80.00%	80.00%
International
Revenues From External Customers And Long-Lived Assets [Line Items]
Long-lived assets by geographic area	$ 244	$ 241
India \| Assets Benchmark \| Geographic Concentration Risk
Revenues From External Customers And Long-Lived Assets [Line Items]
Concentration risk, percentage	10.00%	10.00%