EMC 10-Q 5 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	Mar. 31, 2016shares
Document-Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Trading Symbol	EMC
Entity Registrant Name	EMC CORP
Entity Central Index Key	790,070
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	1,953,196,703

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 7,224	$ 6,549
Short-term investments	2,577	2,726
Accounts and notes receivable, less allowance for doubtful accounts of $83 and $90	2,941	3,977
Inventories	1,233	1,245
Other current assets	625	566
Total current assets	14,600	15,063
Long-term investments	5,169	5,508
Property, plant and equipment, net	3,806	3,850
Intangible assets, net	2,059	2,149
Goodwill	17,099	17,090
Deferred income taxes	1,173	1,164
Other assets, net	1,797	1,788
Total assets	45,703	46,612
Current liabilities:
Accounts payable	1,038	1,644
Accrued expenses	2,722	3,123
Income taxes payable	124	609
Short-term debt (See Note 3)	925	1,299
Deferred revenue	6,477	6,210
Total current liabilities	11,286	12,885
Income taxes payable	466	461
Deferred revenue	4,741	4,592
Long-term debt (See Note 3)	5,477	5,475
Other liabilities	483	480
Total liabilities	$ 22,453	$ 23,893
Commitments and contingencies (See Note 12)
Shareholders’ equity:
Preferred stock, par value $0.01; authorized 25 shares; none outstanding	$ 0	$ 0
Common stock, par value $0.01; authorized 6,000 shares; issued and outstanding 1,953 and 1,943 shares	20	19
Additional paid-in capital	0	0
Retained earnings	22,111	21,700
Accumulated other comprehensive loss, net	(558)	(579)
Total EMC Corporation’s shareholders’ equity	21,573	21,140
Non-controlling interests	1,677	1,579
Total shareholders’ equity	23,250	22,719
Total liabilities and shareholders’ equity	$ 45,703	$ 46,612

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Accounts and notes receivable, allowance for doubtful accounts	$ 83	$ 90
Preferred stock, par value (in usd per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	25,000,000	25,000,000
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	6,000,000,000	6,000,000,000
Common stock, issued (in shares)	1,953,000,000	1,943,000,000
Common stock, outstanding (in shares)	1,953,000,000	1,943,000,000

CONSOLIDATED INCOME STATEMENTS

CONSOLIDATED INCOME STATEMENTS - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues:
Product sales	$ 2,682	$ 2,905
Services	2,793	2,708
Total consolidated revenues	5,475	5,613
Costs and expenses:
Cost of product sales	1,251	1,329
Cost of services	964	945
Research and development	814	788
Selling, general and administrative	1,987	2,037
Restructuring and acquisition-related charges	49	135
Operating income	410	379
Non-operating income (expense):
Investment income	13	24
Interest expense	(41)	(40)
Other income, net	4	10
Total non-operating income (expense)	(24)	(6)
Income before provision for income taxes	386	373
Income tax provision	89	82
Net income	297	291
Less: Net income attributable to the non-controlling interests	(29)	(39)
Net income attributable to EMC Corporation	$ 268	$ 252
Net income per weighted average share, basic attributable to EMC Corporation common shareholders	$ 0.14	$ 0.13
Net income per weighted average share, diluted attributable to EMC Corporation common shareholders	$ 0.14	$ 0.13
Weighted average shares, basic	1,949	1,974
Weighted average shares, diluted	1,965	1,996
Cash dividends declared per common share	$ 0.12	$ 0.12

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 297	$ 291
Other comprehensive income (loss), net of taxes (benefits):
Foreign currency translation adjustments	3	(104)
Changes in market value of investments:
Changes in unrealized gains, net of taxes of $12 and $13	20	19
Reclassification adjustment for net losses (gains) realized in net income, net of benefits (taxes) of $0 and $(6)	2	(8)
Net change in market value of investments	22	11
Changes in market value of derivatives:
Changes in unrealized gains (losses), net of taxes (benefits) of $(1) and $3	(4)	14
Reclassification adjustment for net losses (gains) included in net income, net of benefits (taxes) of $2 and $0	4	(11)
Net change in the market value of derivatives	0	3
Change in actuarial net gain (loss) from pension and other postretirement plans:
Other comprehensive income (loss)	25	(90)
Comprehensive income	322	201
Less: Net income attributable to the non-controlling interests	(29)	(39)
Less: Other comprehensive income attributable to the non-controlling interests	(4)	(1)
Comprehensive income attributable to EMC Corporation	$ 289	$ 161

CONSOLIDATED STATEMENTS OF COM6

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Changes in unrealized gains (losses) - taxes (benefits)	$ 12	$ 13
Reclassification adjustment for net losses (gains) realized in net income - benefits (taxes)	0	(6)
Changes in market value of derivatives - taxes (benefits)	(1)	3
Reclassification adjustment for net losses (gains) realized in net income - benefits (taxes)	$ 2	$ 0

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Cash received from customers	$ 6,878	$ 7,495
Cash paid to suppliers and employees	(5,373)	(5,584)
Dividends and interest received	21	24
Interest paid	(3)	0
Income taxes paid	(591)	(855)
Net cash provided by operating activities	932	1,080
Cash flows from investing activities:
Additions to property, plant and equipment	(188)	(197)
Capitalized software development costs	(156)	(128)
Purchases of short- and long-term available-for-sale securities	(1,361)	(2,421)
Sales of short- and long-term available-for-sale securities	887	1,311
Maturities of short- and long-term available-for-sale securities	965	422
Business acquisitions, net of cash acquired	(10)	(49)
Purchases of strategic and other related investments	(11)	(106)
Sales of strategic and other related investments	28	57
Decrease in restricted cash	(2)	0
Net cash provided by (used in) investing activities	156	(1,111)
Cash flows from financing activities:
Proceeds from the issuance of EMC’s common stock	105	121
Repurchase of common stock	0	(1,346)
Excess tax benefits from stock-based compensation	2	20
Net payments for the issuance of short-term obligations	(376)	0
Dividend payment	(227)	(232)
Net cash used in financing activities	(444)	(1,821)
Effect of exchange rate changes on cash and cash equivalents	31	(103)
Net increase (decrease) in cash and cash equivalents	675	(1,955)
Cash and cash equivalents at beginning of period	6,549	6,343
Cash and cash equivalents at end of period	7,224	4,388
Reconciliation of net income to net cash provided by operating activities:
Net income	297	291
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	483	470
Non-cash restructuring and other special charges	3	11
Stock-based compensation expense	304	245
Provision for (recovery of) doubtful accounts	(2)	16
Deferred income taxes, net	(19)	(20)
Excess tax benefits from stock-based compensation	(2)	(20)
Other, net	7	0
Changes in assets and liabilities, net of acquisitions:
Accounts and notes receivable	1,019	1,420
Inventories	(40)	(69)
Other assets	(38)	(45)
Accounts payable	(580)	(575)
Accrued expenses	(421)	(376)
Income taxes payable	(500)	(754)
Deferred revenue	415	494
Other liabilities	6	(8)
Net cash provided by operating activities	932	1,080
VMware
Cash flows from financing activities:
Repurchase of common stock	0	(438)
Proceeds from noncontrolling interests - issuance of common stock and contributions	$ 52	$ 54

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) shares in Millions, $ in Millions	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Non-controlling Interests
Beginning Balance (in shares) at Dec. 31, 2014		1,985
Beginning Balance at Dec. 31, 2014	$ 23,525	$ 20	$ 0	$ 22,242	$ (366)	$ 1,629
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Stock issued through stock option and stock purchase plans (in shares)		6
Stock issued through stock option and stock purchase plans	121	$ 0	121
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation	13		13
Restricted stock grants, cancellations and withholdings, net (in shares)		5
Restricted stock grants, cancellations and withholdings, net	(64)	$ 0	(64)
Repurchase of common stock (in shares)		(54)
Reversal of reclass of previously repurchased common stock	(1,446)	$ (1)	(64)	(1,381)
Stock-based compensation	295		295
Cash dividends declared	(226)			(226)
Impact from equity transactions of non-controlling interests	(415)		(301)			(114)
Change in market value of investments	11				9	2
Change in market value of derivatives	3				4	(1)
Translation adjustment	(104)				(104)
Net income	291			252		39
Ending Balance (in shares) at Mar. 31, 2015		1,942
Ending Balance at Mar. 31, 2015	$ 22,004	$ 19	0	20,887	(457)	1,555
Beginning Balance (in shares) at Dec. 31, 2015	1,943	1,943
Beginning Balance at Dec. 31, 2015	$ 22,719	$ 19	0	21,700	(579)	1,579
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Stock issued through stock option and stock purchase plans (in shares)		5
Stock issued through stock option and stock purchase plans	106	$ 1	105
Adjustments to Additional Paid in Capital, Income Tax Deficiency from Share-based Compensation	(16)		(16)
Restricted stock grants, cancellations and withholdings, net (in shares)		3
Restricted stock grants, cancellations and withholdings, net	(38)	$ 0	(38)
Stock Issued During Period, Shares, Employee Benefit Plan		2
Stock Issued During Period, Value, Employee Benefit Plan	44		44
Repurchase of common stock (in shares)		0
Reversal of reclass of previously repurchased common stock	0	$ 0	(372)	372
Stock-based compensation	313		313
Cash dividends declared	(229)			(229)
Impact from equity transactions of non-controlling interests	29		(36)			65
Change in market value of investments	22				19	3
Change in market value of derivatives	0				(1)	1
Translation adjustment	3				3
Net income	$ 297			268		29
Ending Balance (in shares) at Mar. 31, 2016	1,953	1,953
Ending Balance at Mar. 31, 2016	$ 23,250	$ 20	$ 0	$ 22,111	$ (558)	$ 1,677

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation Company EMC Corporation (“EMC” or “the Company”) and its subsidiaries develop, deliver and support the information technology (“IT”) industry’s broadest range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure, Pivotal and Virtustream. EMC’s Information Infrastructure business provides a foundation for organizations to store, manage, protect, analyze and secure ever-increasing quantities of information, while at the same time improving business agility, lowering cost, and enhancing competitive advantage. EMC’s Information Infrastructure business comprises three segments – Information Storage, Enterprise Content Division and RSA Information Security. The results of Virtustream are currently reported within our Information Storage segment. EMC’s VMware Virtual Infrastructure business, which is represented by EMC’s majority equity stake in VMware, Inc. (“VMware”), is a leader in virtualization and cloud infrastructure solutions that enable businesses to help transform the way they build, deliver and consume IT resources in a manner that is based on their specific needs. VMware’s virtualization infrastructure solutions, which include a suite of products and services designed to deliver a software-defined data center, run on industry-standard desktop computers, servers and mobile devices and support a wide range of operating system and application environments, as well as networking and storage infrastructures. EMC’s Pivotal business (“Pivotal”) unites strategic technology, people and programs from EMC and VMware and has built a new platform comprised of next-generation data fabrics, application fabrics and a cloud independent platform-as-a-service (“PaaS”) to support Big and Fast Data applications. On top of this platform is the Company’s agile development services business. These capabilities are made available through Pivotal’s three primary offerings: Pivotal Cloud Foundry, the Pivotal Big Data Suite and Pivotal Labs. Proposed Transaction with Dell On October 12, 2015, EMC entered into an Agreement and Plan of Merger (the “Merger Agreement”) among EMC, Denali Holding Inc., a Delaware corporation (“Denali”), Dell Inc., a Delaware corporation (“Dell”), and Universal Acquisition Co., a Delaware corporation and direct wholly owned subsidiary of Denali (“Merger Sub”), pursuant to which, among other things and subject to the conditions set forth therein, Merger Sub will merge with and into EMC (the “Merger”), with EMC continuing as the surviving corporation and a wholly owned subsidiary of Denali. At the effective time of the Merger (“Effective Time”), each share of EMC common stock issued and outstanding will be canceled and converted into the right to receive (i) $24.05 in cash and (ii) a number of shares of common stock of Denali designated as Class V Common Stock, par value $0.01 per share (the “Class V Common Stock”), equal to the quotient obtained by dividing (A) 222,966,450 by (B) the aggregate number of shares of EMC common stock issued and outstanding immediately prior to the Effective Time. The aggregate number of shares of Class V Common Stock issued as Merger Consideration in the transaction is intended to represent 65% of EMC’s economic interest in the approximately 81% of the outstanding shares of VMware currently owned by EMC, reflecting approximately 53% of the total economic interest in the outstanding shares of VMware. Upon completion of the transaction, Denali will retain the remaining 28% of the total economic interest in the outstanding shares of VMware. Based on the estimated number of shares of EMC common stock outstanding at the closing of the transaction, EMC shareholders are expected to receive approximately 0.111 shares of Class V Common Stock for each share of EMC common stock. The Merger Agreement contains specified termination rights for both Denali and EMC, including that, in general, either party may terminate the agreement if the Merger is not consummated on or before December 16, 2016. If EMC terminates the Merger Agreement, EMC is required to pay Denali a termination fee of $2.5 billion . If Denali terminates the Merger Agreement, they are required to pay a termination fee of $4 billion under specified circumstances, and in certain instances, an alternative termination fee of $6 billion . The transaction is expected to close in mid-2016. The completion of the Merger is subject to certain conditions including EMC shareholder approval, the receipt of certain other regulatory approvals in various jurisdictions and the effectiveness of the registration statement on Form S-4 to be filed by Denali in connection with the registration of shares of Class V Common Stock issuable in connection with the Merger. The Merger Agreement contains representations and warranties customary for transactions of this nature. EMC has agreed to various customary covenants and agreements, including, among others, agreements to conduct its business in the ordinary course during the period between the execution of the Merger Agreement and the effective time of the Merger. In addition, without the consent of Denali, EMC may not take, authorize, agree or commit to do certain actions outside of the ordinary course of business, including acquiring businesses or incurring capital expenditures above specified thresholds, issuing additional debt facilities and repurchasing outstanding EMC common stock. Under the terms of the Merger Agreement, EMC is required to provide Denali with access to EMC’s cash to help fund the Merger consideration. At this time, EMC has not finalized its plan to access such cash and has not determined if there would be a need to repatriate cash to meet the requirements of the Merger. To date, EMC has asserted overseas cash as indefinitely reinvested; however if these overseas funds are required to be repatriated to the U.S. in accordance with the Merger Agreement, EMC may be required to accrue and pay U.S. taxes to repatriate these funds. Other than transaction expenses associated with the proposed Merger, the terms of the Merger Agreement did not impact EMC’s consolidated financial statements as of and for the three months ended March 31, 2016 . General The accompanying interim consolidated financial statements are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. These consolidated financial statements include the accounts of EMC, its wholly owned subsidiaries, as well as VMware and Pivotal, companies majority-owned by EMC. All intercompany transactions have been eliminated. Certain information and footnote disclosures normally included in our annual consolidated financial statements have been condensed or omitted. Accordingly, these interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements for the year ended December 31, 2015 which are contained in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 25, 2016. The results of operations for the interim periods are not necessarily indicative of the results of operations to be expected for any future period or the entire fiscal year. The interim consolidated financial statements, in the opinion of management, reflect all adjustments necessary to fairly state the results as of and for the three -month periods ended March 31, 2016 and 2015 . Net Income Per Share Basic net income per weighted average share has been computed using the weighted average number of shares of common stock outstanding during the period. Diluted net income per weighted average share is computed using the weighted average number of common and dilutive common equivalent shares outstanding during the period. Common equivalent shares consist of stock options, restricted stock and restricted stock units. Additionally, for purposes of calculating diluted net income per weighted average share, net income is adjusted for the difference between VMware’s reported diluted and basic net income per weighted average share, if any, multiplied by the number of shares of VMware held by EMC. Recent Accounting Pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued updated guidance related to stock-based compensation which is intended to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. This standard is effective beginning January 1, 2017, with early application permitted. We are currently evaluating the impact of the new guidance on our consolidated financial statements and related disclosures. In February 2016, the FASB issued a standard on leases which amends a number of aspects of lease accounting, including requiring lessees to recognize operating leases with a term greater than one year on their balance sheet as a right-of-use asset and corresponding lease liability, measured at the present value of the lease payments. The guidance also requires qualitative and quantitative disclosures designed to assess the amount, timing, and uncertainty of cash flows arising from leases. The standard requires modified retrospective adoption and is effective beginning January 1, 2019, with early adoption permitted. We are currently evaluating the impact of the new guidance on our consolidated financial statements and related disclosures. In May 2014, the FASB issued a standard on revenue recognition providing a single, comprehensive revenue recognition model for all contracts with customers. The revenue standard is based on the principle that revenue should be recognized to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard, as amended, is effective beginning January 1, 2018, with early adoption permitted but not earlier than the original effective date of January 1, 2017. The principles may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of initial application. We are currently evaluating the adoption method options and the impact of the new guidance on our consolidated financial statements.

Non-controlling Interests

Non-controlling Interests	3 Months Ended
	Mar. 31, 2016
Noncontrolling Interest [Abstract]
Non-controlling Interests	Non-controlling Interests The non-controlling interests’ share of equity in VMware is reflected as a component of the non-controlling interests in the accompanying consolidated balance sheets and was $1,581 million and $1,481 million as of March 31, 2016 and December 31, 2015 , respectively. At March 31, 2016 , EMC held approximately 97% of the combined voting power of VMware’s outstanding common stock and approximately 81% of the economic interest in VMware. GE’s interest in Pivotal is in the form of a preferred equity instrument. Consequently, there is no net income attributable to the GE non-controlling interest related to Pivotal on the consolidated income statements. Additionally, due to the terms of the preferred instrument, GE’s non-controlling interest on the consolidated balance sheets is generally not impacted by Pivotal’s equity related activity. The preferred equity instrument is convertible into common shares at GE’s election at any time. The portion of the results of operations of Pivotal allocable to its other owners, along with the interest in the net assets of Pivotal attributable to those other owners are shown as a component of non-controlling interests on EMC’s consolidated balance sheets and as a reduction of net income attributable to EMC shareholders. The non-controlling interests’ share of equity in Pivotal is reflected as a component of the non-controlling interests in the accompanying consolidated balance sheets as $96 million and $98 million as of March 31, 2016 and December 31, 2015 , respectively. At March 31, 2016 , EMC consolidated held approximately 83% of the economic interest in Pivotal. The effect of changes in our ownership interest in VMware and Pivotal on our equity was as follows (table in millions): For the Three Months Ended March 31, March 31, Net income attributable to EMC Corporation $ 268 $ 252 Transfers (to) from the non-controlling interests: Increase in EMC Corporation’s additional paid-in-capital for VMware and Pivotal equity issuances 21 30 Decrease in EMC Corporation’s additional paid-in-capital for VMware’s and Pivotal’s other equity activity (57 ) (331 ) Net transfers (to) from non-controlling interest (36 ) (301 ) Change from net income attributable to EMC Corporation and transfers from the non-controlling interest in VMware, Inc. $ 232 $ (49 )

Debt

Debt	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Debt	Debt Short-Term Debt On February 27, 2015, we entered into a credit agreement with the lenders named therein, Citibank, N.A., as Administrative Agent, Bank of America, N.A. and JPMorgan Chase Bank, N.A., as Syndication Agents, and Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities LLC, as Joint Lead Arrangers and Joint Bookrunners (the “Credit Agreement”). The Credit Agreement provides for a $2.5 billion unsecured revolving credit facility to be used for general corporate purposes that is scheduled to mature on February 27, 2020 . At our option, subject to certain conditions, any loan under the Credit Agreement will bear interest at a rate equal to, either (i) the LIBOR Rate or (ii) the Base Rate (defined as the highest of (a) the Federal Funds rate plus 0.50%, (b) Citibank, N.A.’s “prime rate” as announced from time to time, or (c) one-month LIBOR plus 1.00%), plus, in each case the Applicable Margin, as defined in the Credit Agreement . The Credit Agreement contains customary representations and warranties, covenants and events of default. We may also, upon the agreement of the existing lenders and/or additional lenders not currently parties to the agreement, increase the commitments under the credit facility by up to an additional $1.0 billion . In addition, we may request to extend the maturity date of the credit facility, subject to certain conditions, for additional one-year periods. As of March 31, 2016 , we were in compliance with customary required covenants. At March 31, 2016 , we had no funds borrowed and at December 31, 2015, we had $600 million outstanding under the credit facility. Amounts outstanding under the credit facility are presented in short-term debt in the consolidated balance sheets with the issuances and proceeds presented on a net basis in the consolidated statement of cash flows due to their short term nature. On March 23, 2015, we established a short-term debt financing program whereby we may issue short-term unsecured commercial paper notes (“Commercial Paper”). Amounts available under the program may be borrowed, repaid and re-borrowed from time to time, with the aggregate face or principal amount of the notes outstanding at any time not to exceed $2.5 billion . The Commercial Paper will have maturities of up to 397 days from the date of issue . The net proceeds from the issuance of the Commercial Paper are expected to be used for general corporate purposes. As of March 31, 2016 , we were in compliance with customary required covenants. At March 31, 2016 , we had $ 925 million of Commercial Paper outstanding, with a weighted-average interest rate of 0.95% and maturities ranging from 13 days to 30 days at the time of issuance. At December 31, 2015, we had $ 699 million of Commercial Paper outstanding. Commercial Paper outstanding is presented in short-term debt in the consolidated balance sheets, and the issuances and proceeds of the Commercial Paper are presented on a net basis in the consolidated statement of cash flows due to their short term nature. At May 5, 2016, we had $1,285 million of Commercial Paper outstanding. Long-Term Debt During 2013, we issued $5.5 billion of Notes which pay a fixed rate of interest semi-annually in arrears. The proceeds from the Notes were used to satisfy the cash payment obligation of the $1,725 billion 1.75% convertible senior notes due 2013 as well as for general corporate purposes including stock repurchases, dividend payments, business acquisitions, working capital needs and other business opportunities. The Notes of each series are senior, unsecured obligations of EMC and are not convertible or exchangeable. Unless previously purchased and canceled, we will repay the Notes of each series at 100% of the principal amount, together with accrued and unpaid interest thereon, at maturity. However, EMC has the right to redeem any or all of the Notes at specified redemption prices. As of March 31, 2016 , we were in compliance with all debt covenants, which are customary in nature. Our long-term debt as of March 31, 2016 was as follows (dollars in millions): Senior Notes Issued at Discount to Par Carrying Value $2.5 billion 1.875% Notes due 2018 99.943 % $ 2,499 $2.0 billion 2.650% Notes due 2020 99.760 % 1,997 $1.0 billion 3.375% Notes due 2023 99.925 % 1,000 $ 5,496 Debt issuance costs (19 ) Net long-term debt $ 5,477 The unamortized discount on the Notes consists of $4 million , which will be fully amortized by June 1, 2023. The effective interest rate on the Notes was 2.55% for the three months ended March 31, 2016 .

Fair Value of Financial Assets

Fair Value of Financial Assets and Liabilities	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Liabilities	Fair Value of Financial Assets and Liabilities Our fixed income and equity investments are classified as available for sale and recorded at their fair market values. We determine 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 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. • 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. Most of our fixed income securities are classified as Level 2, with the exception of some of our U.S. government and agency obligations and our investments in publicly traded equity securities, which are classified as Level 1, and all of our auction rate securities, which are classified as Level 3. In addition, our strategic investments held at cost are classified as Level 3. At March 31, 2016 , the vast majority of our Level 2 securities were priced by pricing vendors. These pricing vendors utilize the most recent observable market information in pricing these securities or, if specific prices are not available for these securities, use other observable inputs like market transactions involving identical or comparable securities. In the event observable inputs are not available, we assess other factors to determine the security’s market value, including broker quotes or model valuations. Each month, we perform independent price verifications of all of our fixed income holdings. In the event a price fails a pre-established tolerance check, it is researched so that we can assess the cause of the variance to determine what we believe is the appropriate fair market value. In general, investments with remaining effective maturities of 12 months or less from the balance sheet date are classified as short-term investments. Investments with remaining effective maturities of more than 12 months from the balance sheet date are classified as long-term investments. Our publicly traded equity securities are classified as long-term investments and our strategic investments held at cost are classified as other assets. As a result of the lack of liquidity for auction rate securities, we have classified these as long-term investments as of March 31, 2016 and December 31, 2015 . At March 31, 2016 and December 31, 2015 , all of our short- and long-term investments, excluding auction rate securities, were recognized at fair value, which was determined based upon observable inputs from our pricing vendors for identical or similar assets. At March 31, 2016 and December 31, 2015 , auction rate securities were valued using a discounted cash flow model. The following tables summarize the composition of our short- and long-term investments at March 31, 2016 and December 31, 2015 (tables in millions): March 31, 2016 Amortized Cost Unrealized Gains Unrealized (Losses) Aggregate Fair Value U.S. government and agency obligations $ 2,054 $ 5 $ (1 ) $ 2,058 U.S. corporate debt securities 2,364 11 (2 ) 2,373 High yield corporate debt securities 220 3 (8 ) 215 Asset-backed securities 13 — — 13 Municipal obligations 640 — — 640 Auction rate securities 25 — (2 ) 23 Foreign debt securities 2,298 6 (2 ) 2,302 Total fixed income securities 7,614 25 (15 ) 7,624 Publicly traded equity securities 113 18 (9 ) 122 Total $ 7,727 $ 43 $ (24 ) $ 7,746 December 31, 2015 Amortized Cost Unrealized Gains Unrealized (Losses) Aggregate Fair Value U.S. government and agency obligations $ 2,449 $ — $ (8 ) $ 2,441 U.S. corporate debt securities 2,257 1 (10 ) 2,248 High yield corporate debt securities 307 2 (22 ) 287 Asset-backed securities 20 — — 20 Municipal obligations 731 1 — 732 Auction rate securities 27 — (2 ) 25 Foreign debt securities 2,332 — (9 ) 2,323 Total fixed income securities 8,123 4 (51 ) 8,076 Publicly traded equity securities 126 40 (8 ) 158 Total $ 8,249 $ 44 $ (59 ) $ 8,234 We held approximately $2,302 million in foreign debt securities at March 31, 2016 . These securities have an average credit rating of A+ , and approximately 4% of these securities are deemed sovereign debt with an average credit rating of AA+ . None of the securities deemed sovereign debt are from Argentina, Greece, Italy, Ireland, Portugal, Spain, Cyprus or Puerto Rico. The following tables represent our fair value hierarchy for our financial assets and liabilities measured at fair value as of March 31, 2016 and December 31, 2015 (tables in millions): March 31, 2016 Level 1 Level 2 Level 3 Total Cash $ 2,305 $ — $ — $ 2,305 Cash equivalents 4,025 894 — 4,919 U.S. government and agency obligations 1,258 800 — 2,058 U.S. corporate debt securities — 2,373 — 2,373 High yield corporate debt securities — 215 — 215 Asset-backed securities — 13 — 13 Municipal obligations — 640 — 640 Auction rate securities — — 23 23 Foreign debt securities — 2,302 — 2,302 Publicly traded equity securities 122 — — 122 Total cash and investments $ 7,710 $ 7,237 $ 23 $ 14,970 Other items: Strategic investments held at cost $ — $ — $ 385 $ 385 Investment in joint venture — — 39 39 Long-term debt carried at discounted cost — (5,186 ) — (5,186 ) Foreign exchange derivative assets — 74 — 74 Foreign exchange derivative liabilities — (79 ) — (79 ) Commodity derivative liabilities — (6 ) — (6 ) December 31, 2015 Level 1 Level 2 Level 3 Total Cash $ 2,095 $ — $ — $ 2,095 Cash equivalents 3,861 593 — 4,454 U.S. government and agency obligations 1,495 946 — 2,441 U.S. corporate debt securities — 2,248 — 2,248 High yield corporate debt securities — 287 — 287 Asset-backed securities — 20 — 20 Municipal obligations — 732 — 732 Auction rate securities — — 25 25 Foreign debt securities — 2,323 — 2,323 Publicly traded equity securities 158 — — 158 Total cash and investments $ 7,609 $ 7,149 $ 25 $ 14,783 Other items: Strategic investments held at cost $ — $ — $ 384 $ 384 Investment in joint venture — — 39 39 Long-term debt carried at discounted cost — (4,999 ) — (4,999 ) Foreign exchange derivative assets — 39 — 39 Foreign exchange derivative liabilities — (78 ) — (78 ) Commodity derivative liabilities — (4 ) — (4 ) Our auction rate securities are predominantly rated investment grade and are primarily collateralized by student loans. The underlying loans of all but one of our auction rate securities, with a market value of $4 million , have partial guarantees by the U.S. government as part of the Federal Family Education Loan Program (“FFELP”) through the U.S. Department of Education. FFELP guarantees at least 95% of the loans which collateralize the auction rate securities. We believe the quality of the collateral underlying most of our auction rate securities will enable us to recover our principal balance. To determine the estimated fair value of our investment in auction rate securities, we use a discounted cash flow model using a five year time horizon. As of March 31, 2016 , the coupon rates used ranged from 1% to 3% and the discount rate was 1% , which rate represents the rate at which similar FFELP backed securities with a five year time horizon outside of the auction rate securities market were trading at March 31, 2016 . The assumptions used in preparing the discounted cash flow model include an incremental discount rate for the lack of liquidity in the market (“liquidity discount margin”) for an estimated period of time. The discount rate we selected was based on AA -rated banks as the majority of our portfolio is invested in student loans where EMC acts as a financier to these lenders. The liquidity discount margin represents an estimate of the additional return an investor would require for the lack of liquidity of these securities over an estimated five year holding period. The rate used for the discount margin was 1% at both March 31, 2016 and December 31, 2015 due to the narrowing of credit spreads on AA -rated banks during 2015 and into 2016. Significant changes in the unobservable inputs discussed above could result in a significantly lower or higher fair value measurement. Generally, an increase in the discount rate, liquidity discount margin or coupon rate results in a decrease in our fair value measurement and a decrease in the discount rate, liquidity discount margin or coupon rate results in an increase in our fair value measurement. During the three months ended March 31, 2016 and 2015 , there were no material changes to the fair value of our auction rate securities. EMC has a 49% ownership percentage of LenovoEMC Limited, a joint venture with Lenovo that was formed in 2012. We account for our LenovoEMC joint venture using the fair value method of accounting. To determine the estimated fair value at inception of our investment, we used a discounted cash flow model using a three year time horizon, and utilized a discount rate of 6% , which represented the incremental borrowing rate for a market participant. The assumptions used in preparing the discounted cash flow model include an analysis of estimated Lenovo NAS revenue against a prescribed target as well as consideration of the purchase price put and call features included in the joint venture agreement. The put and call features create a floor and a cap on the fair value of the investment. As such, there is a limit to the impact on the fair value that would result from significant changes in the unobservable inputs. There were no material changes to the fair value of this joint venture during the three months ended March 31, 2016 or 2015 . The carrying value of the strategic investments held at cost were accounted for under the cost method. As part of our quarterly impairment review, we perform a fair value calculation of our strategic investments held at cost using the most currently available information. To determine the estimated fair value of private strategic investments held at cost, we use a combination of several valuation techniques including discounted cash flow models, acquisition and trading comparables. In addition, we evaluate the impact of pre- and post-money valuations of recent financing events and the impact of those on our fully diluted ownership percentages, and we consider any available information regarding the issuer’s historical and forecasted performance as well as market comparables and conditions. The fair value of these investments is considered in our review for impairment if any events and changes in circumstances occur that might have a significant adverse effect on their value. Investment Losses Unrealized losses on investments at March 31, 2016 by investment category and length of time the investment has been in a continuous unrealized loss position are as follows (table in millions): Less Than 12 Months 12 Months or Greater Total Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. government and agency obligations $ 466 $ (1 ) $ — $ — $ 466 $ (1 ) U.S. corporate debt securities 485 (2 ) — — 485 (2 ) High yield corporate debt securities 99 (6 ) 23 (2 ) 122 (8 ) Auction rate securities — — 23 (2 ) 23 (2 ) Foreign debt securities 721 (1 ) 81 (1 ) 802 (2 ) Publicly traded equity securities 2 (1 ) 2 (8 ) 4 (9 ) Total $ 1,773 $ (11 ) $ 129 $ (13 ) $ 1,902 $ (24 ) For all of our securities for which the amortized cost basis was greater than the fair value at March 31, 2016 , we have concluded that currently we neither plan to sell the security nor is it more likely than not that we would be required to sell the security before its anticipated recovery. In making the determination as to whether the unrealized loss is other-than-temporary, we considered the length of time and extent the investment has been in an unrealized loss position, the financial condition and near-term prospects of the issuers, the issuers’ credit rating and the time to maturity. Contractual Maturities The contractual maturities of fixed income securities held at March 31, 2016 are as follows (table in millions): March 31, 2016 Amortized Cost Basis Aggregate Fair Value Due within one year $ 2,542 $ 2,543 Due after 1 year through 5 years 4,496 4,509 Due after 5 years through 10 years 332 330 Due after 10 years 244 242 Total $ 7,614 $ 7,624 Short-term investments on the consolidated balance sheet include $34 million in variable rate notes which have contractual maturities in 2016 , and are not classified within investments due within one year above.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2016
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consist of (table in millions): March 31, December 31, Work-in-process $ 590 $ 592 Finished goods 643 653 $ 1,233 $ 1,245

Accounts and Notes Receivable a

Accounts and Notes Receivable and Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Accounts and Notes Receivable and Allowance for Credit Losses	Accounts and Notes Receivable and Allowance for Credit Losses Accounts and notes receivable are recorded at cost. The portion of our notes receivable due in one year or less are included in accounts and notes receivable and the long-term portion is included in other assets, net on the consolidated balance sheets. Lease receivables arise from sales-type leases of products. We typically sell, without recourse, the contractual right to the lease payment stream and assets under lease to third parties. For certain customers, we retain the lease. The contractual amounts due under the leases we retained as of March 31, 2016 were as follows (table in millions): Year Contractual Amounts Due Under Leases Due within one year $ 50 Due within two years 37 Due within three years 26 Thereafter 3 Total 116 Less: Amounts representing interest 7 Present value 109 Current portion (included in accounts and notes receivable) 46 Long-term portion (included in other assets, net) $ 63 Subsequent to March 31, 2016 , we sold $19 million of these notes to third parties without recourse. We maintain an allowance for credit losses on our accounts and notes receivable. The allowance is based on the credit worthiness of our customers, including an assessment of the customer’s financial position, operating performance and their ability to meet their contractual obligation. We assess the credit scores for our customers each quarter. In addition, we consider our historical experience, the age of the receivable and current market and economic conditions. Uncollectible amounts are charged against the allowance account. In the event we determine that a lease may not be paid, we include in our allowance an amount for the outstanding balance related to the lease receivable. As of March 31, 2016 , amounts from lease receivables past due for more than 90 days were not significant. During the three months ended March 31, 2016 and 2015 , there were no material changes to our allowance for credit losses related to lease receivables. Gross lease receivables totaled $116 million and $154 million as of March 31, 2016 and December 31, 2015 , respectively, before the allowance. The components of these balances were individually evaluated for impairment and included in our allowance determination as necessary.

Property, Plant and Equipment

Property, Plant and Equipment	3 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment consist of (table in millions): March 31, December 31, Furniture and fixtures $ 286 $ 283 Equipment and software 7,474 7,378 Buildings and improvements 2,382 2,373 Land 172 171 Building construction in progress 97 83 10,411 10,288 Accumulated depreciation (6,605 ) (6,438 ) $ 3,806 $ 3,850 Property, plant and equipment at March 31, 2016 includes $52 million for facilities not yet placed in service that we are holding for future use.

Accrued Expenses

Accrued Expenses	3 Months Ended
	Mar. 31, 2016
Payables and Accruals [Abstract]
Accrued Expenses	Accrued Expenses Accrued expenses consist of (table in millions): March 31, December 31, Salaries and benefits $ 957 $ 1,189 Product warranties 151 172 Dividends payable (see Note 10) 239 234 Partner rebates 181 221 Restructuring, current (See Note 11) 250 333 Derivatives 85 82 Other 859 892 $ 2,722 $ 3,123 Product Warranties Systems sales include a standard product warranty. At the time of the sale, we accrue for systems’ warranty costs. The initial systems’ warranty accrual is based upon our historical experience, expected future costs and specific identification of systems’ requirements. Upon sale or expiration of the initial warranty, we may sell additional maintenance contracts to our customers. Revenue from these additional maintenance contracts is included in deferred revenue and recognized ratably over the service period. The following represents the activity in our warranty accrual for the three months ended March 31, 2016 and 2015 (table in millions): For the Three Months Ended March 31, March 31, Balance, beginning of the period $ 172 $ 207 Provision 25 33 Amounts charged against the accrual (46 ) (52 ) Balance, end of the period $ 151 $ 188 The provision includes amounts accrued for systems at the time of shipment, adjustments for changes in estimated costs for warranties on systems shipped in the period and changes in estimated costs for warranties on systems shipped in prior periods. It is not practicable to determine the amounts applicable to each of the components.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Our effective income tax rates were 23.1% and 22.0% for the three months ended March 31, 2016 and 2015 , respectively. Our effective income tax rate is based upon estimated income before provision for income taxes for the year, composition of the income in different countries, and adjustments, if any, in the applicable quarterly periods for potential tax consequences, benefits and/or resolutions of tax audits or other tax contingencies. For the three months ended March 31, 2016, the effective income tax rate varied from the statutory income tax rate principally as a result of the mix of income attributable to foreign versus domestic jurisdictions and federal tax credit for increasing research activities. Our aggregate income tax rate in foreign jurisdictions is lower than our income tax rate in the United States; substantially all of our income before provision for income taxes from foreign operations has been earned by our Irish subsidiaries. For the three months ended March 31, 2015, the effective income tax rate varied from the statutory income tax rate principally as a result of the mix of income attributable to foreign versus domestic jurisdictions. On December 18, 2015, the Consolidated Appropriations Act, 2016 was signed into law. Some of the provisions were retroactive to January 1, 2015 including a permanent extension of the U.S. federal tax credit for increasing research activities. Our effective income tax rate increased in the three months ended March 31, 2016 from the three months ended March 31, 2015 due primarily to higher state taxes. There were also differences in the mix of income attributable to foreign versus domestic jurisdictions, change in tax contingency reserves and discrete items, the net impact of which is immaterial. We are routinely under audit by the Internal Revenue Service (the “IRS”). We have concluded all U.S. federal income tax matters for years through 2008. In the third quarter of 2012, the IRS commenced a federal income tax audit for the tax years 2009 and 2010. The IRS completed their field audit for the tax years 2009 and 2010 and issued Revenue Agent Reports (“RARs”) in the first quarter of 2016. We disagree with certain proposed adjustments and have filed a formal protest to the IRS Appeals Division. In the first quarter of 2015, the IRS commenced a federal income tax audit for the tax year 2011, which is still ongoing. We also have income tax audits in process in numerous state, local and international jurisdictions. In our international jurisdictions that comprise a significant portion of our operations, the years that may be examined vary, with the earliest year being 2004. Based on the timing and outcome of examinations of EMC, the result of the expiration of statutes of limitations for specific jurisdictions or the timing and result of ruling requests from taxing authorities, it is reasonably possible that the related unrecognized tax benefits could change from those recorded in our consolidated balance sheets. We anticipate that several of these audits may be finalized within the next twelve months. While we expect the amount of unrecognized tax benefits to change in the next twelve months, we do not expect the change to have a significant impact on our consolidated results of operations or financial position.

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2016
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders’ Equity The reconciliation from basic to diluted earnings per share for both the numerators and denominators is as follows (table in millions): For the Three Months Ended March 31, March 31, Numerator: Net income attributable to EMC Corporation $ 268 $ 252 Incremental dilution from VMware — (1 ) Net income – dilution attributable to EMC Corporation $ 268 $ 251 Denominator: Weighted average shares, basic 1,949 1,974 Weighted common stock equivalents 16 22 Weighted average shares, diluted 1,965 1,996 Restricted stock awards, restricted stock units and options to acquire shares of our common stock in the amount of 2 million and 1 million for the three months ended March 31, 2016 and 2015 , respectively, were excluded from the calculation of diluted earnings per share because they were anti-dilutive. The incremental dilution from VMware represents the impact of VMware’s dilutive securities on EMC’s consolidated diluted net income per share and is calculated by multiplying the difference between VMware’s basic and diluted earnings per share by the number of VMware shares owned by EMC. Repurchase of Common Stock We utilize both authorized and unissued shares (including repurchased shares) for all issuances under our equity plans. Our Board of Directors authorized the repurchase of 250 million shares of our common stock in December 2014. For the three months ended March 31, 2016 , we did not repurchase any shares of our common stock. Of the 250 million shares authorized for repurchase, we have repurchased 27 million shares to-date at a total cost of $715 million , leaving a remaining balance of 223 million shares authorized for future repurchases. During April 2016, VMware’s Board of Directors authorized the repurchase of up to an aggregate of $1.2 billion of VMware’s Class A common stock through the end of 2016, which includes the amount remaining from VMware’s previous stock repurchase authorization announced on January 27, 2015, which was $835 million as of March 31, 2016. All shares repurchased under VMware’s stock repurchase programs are retired. For the three months ended March 31, 2016 , VMware did not repurchase any shares of its Class A common stock as it is currently subject to a number of legal and regulatory constraints resulting from the Merger Agreement which impacts the timing and ability to execute repurchases of VMware’s shares. Cash Dividend on Common Stock EMC pays a quarterly dividend of $0.115 per share of common stock to EMC shareholders, subject to the approval of our Board of Directors. Our Board of Directors declared the following dividends during 2016 and 2015 : Declaration Date Dividend Per Share Record Date Total Amount (in millions) Payment Date 2016: February 11, 2016 $ 0.115 April 1, 2016 $ 229 April 22, 2016 2015: February 27, 2015 $ 0.115 April 1, 2015 $ 229 April 23, 2015 May 20, 2015 $ 0.115 July 1, 2015 $ 226 July 23, 2015 July 30, 2015 $ 0.115 October 1, 2015 $ 229 October 23, 2015 December 17, 2015 $ 0.115 January 4, 2016 $ 230 January 22, 2016 Accumulated Other Comprehensive Income (Loss) Changes in accumulated other comprehensive income (loss), which is presented net of tax, for the three months ended March 31, 2016 and 2015 consist of the following (tables in millions): Foreign Currency Translation Adjustments Unrealized Net Gains on Investments Unrealized Net Losses on Derivatives Recognition of Actuarial Net Loss from Pension and Other Postretirement Plans Accumulated Other Comprehensive Income Attributable to the Non-controlling Interest in VMware, Inc. Total Balance as of December, 31 2015 (a) $ (356 ) $ (10 ) $ (89 ) $ (125 ) $ 1 $ (579 ) Other comprehensive income (loss) before reclassifications 3 20 (4 ) — (4 ) 15 Net losses (gains) reclassified from accumulated other comprehensive income — 2 4 — — 6 Net current period other comprehensive income (loss) 3 22 — — (4 ) 21 Balance as of March 31, 2016 (b) $ (353 ) $ 12 $ (89 ) $ (125 ) $ (3 ) $ (558 ) __________________ (a) Net of taxes (benefits) of $(5) million for unrealized net gains on investments, $(56) million for unrealized net losses on derivatives and $(71) million for actuarial net loss on pension plans. (b) Net of taxes (benefits) of $7 million for unrealized net gains on investments, $(55) million for unrealized net losses on derivatives and $(71) million for actuarial net loss on pension plans . Foreign Currency Translation Adjustments Unrealized Net Gains on Investments Unrealized Net Losses on Derivatives Recognition of Actuarial Net Loss from Pension and Other Postretirement Plans Accumulated Other Comprehensive Income Attributable to the Non-controlling Interest in VMware, Inc. Total Balance as of December, 31 2014 (a) $ (187 ) $ 49 $ (99 ) $ (126 ) $ (3 ) $ (366 ) Other comprehensive income (loss) before reclassifications (104 ) 19 14 — (1 ) (72 ) Net losses (gains) reclassified from accumulated other comprehensive income — (8 ) (11 ) — — (19 ) Net current period other comprehensive income (loss) (104 ) 11 3 — (1 ) (91 ) Balance as of March 31, 2015 (b) $ (291 ) $ 60 $ (96 ) $ (126 ) $ (4 ) $ (457 ) __________________ (a) Net of taxes (benefits) of $31 million for unrealized net gains on investments, $(64) million for unrealized net losses on derivatives and $(70) million for actuarial net loss on pension plans. (b) Net of taxes (benefits) of $38 million for unrealized net gains on investments, $(61) million for unrealized net losses on derivatives and $(70) million for actuarial net loss on pension plans. The amounts reclassified out of accumulated other comprehensive income (loss) for the three months ended March 31, 2016 and 2015 are as follows (table in millions): For the Three Months Ended Accumulated Other Comprehensive Income Components March 31, 2016 March 31, 2015 Impacted Line Item on Consolidated Income Statements Net (loss) gain on investments: $ (2 ) $ 14 Investment income — (6 ) Provision for income tax Net of tax $ (2 ) $ 8 Net (loss) gain on derivatives: Foreign exchange contracts $ — $ 20 Product sales revenue Foreign exchange contracts — (3 ) Cost of product sales Interest rate swap (6 ) (6 ) Other interest expense Total net (loss) gain on derivatives before tax (6 ) 11 2 — Provision for income tax Net of tax $ (4 ) $ 11

Restructuring and Acquisition-R

Restructuring and Acquisition-Related Charges	3 Months Ended
	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Restructuring and Acquisition-Related Charges	Restructuring and Acquisition-Related Charges For the three months ended March 31, 2016 and 2015 , we incurred restructuring and acquisition-related charges of $49 million and $135 million , respectively. For the three months ended March 31, 2016 , EMC incurred a $5 million credit related to our prior restructuring programs. For the three months ended March 31, 2016 , VMware incurred $53 million of restructuring charges, primarily related to its current year restructuring program, and $1 million of charges in connection with acquisitions for financial, advisory, legal and accounting services. For the three months ended March 31, 2015 , EMC incurred $111 million of restructuring charges, primarily related to our 2015 restructuring programs, and $1 million of charges in connection with acquisitions for financial, advisory, legal and accounting services. For the three months ended March 31, 2015 , VMware incurred $22 million of restructuring charges, primarily related to its 2015 restructuring programs, and $1 million of charges in connection with acquisitions for financial, advisory, legal and accounting services. In the first quarter of 2016, EMC did not commence any new restructuring programs. In the first quarter of 2016, VMware approved a plan to streamline its operations, with plans to reinvest the associated savings in field, technical and support resources associated with growth products. As a result, approximately 800 positions at VMware were eliminated during the three months ended March 31, 2016. All actions relating to VMware’s plan are expected to be completed within a year of the start of the program. In the first quarter of 2015 , EMC implemented restructuring programs to create further operational efficiencies which resulted in a workforce reduction of approximately 1,320 positions. The actions impacted positions around the globe covering our Information Storage, RSA Information Security and Enterprise Content Division segments. All of these actions were completed within a year of the start of the program. In the first quarter of 2015 , VMware eliminated approximately 350 positions across all major functional groups and geographies to streamline its operations. All of these actions were completed within a year of the start of the program. For the three months ended March 31, 2016 and 2015 , we recognized $5 million and $6 million , respectively, of lease termination costs for facilities vacated in the period in accordance with our plan as part of all of our restructuring programs and for costs associated with terminating other contractual obligations. These accruals are expected to be utilized by the end of 2018. The activity for the restructuring programs is presented below (tables in millions): Three Months Ended March 31, 2016 : Other EMC Programs Category Balance as of December 31, 2015 2016 Charges Utilization Balance as of March 31, 2016 Workforce reductions $ 322 $ (10 ) $ (99 ) $ 213 Consolidation of excess facilities and other contractual obligations 20 5 (3 ) 22 Total $ 342 $ (5 ) $ (102 ) $ 235 VMware Programs Category Balance as of 2016 Charges Utilization Balance as of March 31, 2016 Workforce reductions $ 3 $ 50 $ (26 ) $ 27 Consolidation of excess facilities and other contractual obligations — 3 — 3 Total $ 3 $ 53 $ (26 ) $ 30 Three Months Ended March 31, 2015 : 2015 EMC Programs Category Balance as of 2015 Charges Utilization Balance as of March 31, 2015 Workforce reductions $ — $ 107 $ (11 ) $ 96 Consolidation of excess facilities and other contractual obligations — 6 — 6 Total $ — $ 113 $ (11 ) $ 102 Other EMC Programs Category Balance as of Adjustments to the Provision Utilization Balance as of March 31, 2015 Workforce reductions $ 102 $ (2 ) $ (39 ) $ 61 Consolidation of excess facilities and other contractual obligations 19 — (5 ) 14 Total $ 121 $ (2 ) $ (44 ) $ 75 VMware Programs Category Balance as of 2015 Charges Utilization Balance as of March 31, 2015 Workforce reductions $ 8 $ 22 $ (14 ) $ 16 Consolidation of excess facilities and other contractual obligations — — — — Total $ 8 $ 22 $ (14 ) $ 16

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation We are involved in a variety of claims, demands, suits, investigations and proceedings that arise from time to time relating to matters incidental to the ordinary course of our business, including actions with respect to contracts, intellectual property, product liability, employment, benefits and securities matters. As required by authoritative guidance, we have estimated the amount of probable losses that may result from all currently pending matters, and such amounts are reflected in our consolidated financial statements. These recorded amounts are not material to our consolidated financial position or results of operations and no additional material losses related to these pending matters are reasonably possible. While it is not possible to predict the outcome of these matters with certainty, we do not expect the results of any of these actions to have a material adverse effect on our business, results of operations or financial condition. Because litigation is inherently unpredictable, however, the actual amounts of loss may prove to be larger or smaller than the amounts reflected in our consolidated financial statements, and we could incur judgments or enter into settlements of claims that could adversely affect our operating results or cash flows in a particular period. Merger-Related Litigation As of May 5, 2016, fifteen putative shareholder class action lawsuits challenging the Merger have been filed, of which thirteen were filed purportedly on behalf of Company shareholders and two purportedly on behalf of VMware shareholders. The lawsuits name various combinations of the Company, its current and former directors, VMware, certain of VMware’s directors, Denali, Dell and Merger Sub, among others, as defendants. The fifteen lawsuits seek, among other things, injunctive relief enjoining the Merger, rescission of the Merger if consummated, an award of fees and costs and/or an award of monetary damages. The suits are captioned as follows: Case Court Filing Date 1. IBEW Local No. 129 Benefit Fund v. Tucci , Civ. No. 1584-3130-BLS1 Mass. Superior Court, Suffolk County 10/15/2015 2. Barrett v. Tucci , Civ. No. 15-6023-A Mass. Superior Court, Middlesex County 10/16/2015 3. Graulich v. Tucci , Civ. No. 1584-3169-BLS1 Mass. Superior Court, Suffolk County 10/19/2015 4. Vassallo v. EMC Corp. , Civ. No. 1584-3173-BLS1 Mass. Superior Court, Suffolk County 10/19/2015 5. City of Miami Police Relief & Pension Fund v. Tucci , Civ. No. 1584-3174-BLS1 Mass. Superior Court, Suffolk County 10/19/2015 6. Lasker v. EMC Corp. , Civ. No. 1584-3214-BLS1 Mass. Superior Court, Suffolk County 10/23/2015 7. Walsh v. EMC Corp. , Civ. No. 15-13654 U.S. District Court, District of Massachusetts 10/27/2015 8. Local Union No. 373 U.A. Pension Plan v. EMC Corp. , Civ. No. 1584-3253-BLS1 Mass. Superior Court, Suffolk County 10/28/2015 9. City of Lakeland Emps.’ Pension & Ret. Fund v. Tucci , Civ. No. 1584-3269-BLS1 Mass. Superior Court, Suffolk County 10/28/2015 10. Ma v. Tucci , Civ. No. 1584-3281-BLS1 Mass. Superior Court, Suffolk County 10/29/2015 11. Stull v. EMC Corp. , Civ. No. 15-13692 U.S. District Court, District of Massachusetts 10/30/2015 12. Jacobs v. EMC Corp. , Civ. No. 15-6318-H Mass. Superior Court, Middlesex County 11/12/2015 13. Ford v. VMware, Inc. , C.A. No. 11714-VCL Delaware Chancery Court 11/17/2015 14. Pancake v. EMC Corp. , Civ. No. 16-10040 U.S. District Court, District of Massachusetts 1/11/2016 15. Booth Family Trust v. EMC Corp. , Civ. No. 16-10114 U.S. District Court, District of Massachusetts 1/26/2016 Of the thirteen lawsuits filed purportedly on behalf of Company shareholders, nine were filed in Massachusetts state court, and four in the United States District Court for the District of Massachusetts. Eleven of the lawsuits initially advanced substantially the same allegations that the Merger Agreement was adopted in violation of the fiduciary duties of the Company’s directors. Certain of those lawsuits also alleged that the Company, Denali, Dell, Merger Sub, Silver Lake Partners, LLC, and/or MSD Partners, LLC aided and abetted the alleged breaches of fiduciary duty by the directors. On November 5, 2015, pursuant to a motion made by the Company and its directors, the nine lawsuits then pending in state court in Massachusetts were consolidated with and into the first-filed of those actions, IBEW Local No. 129 Benefit Fund v. Joseph M. Tucci, et al. That action, brought in the Business Litigation Session of the Suffolk County Superior Court, named as defendants the Company and each member of its Board of Directors (as constituted as of October 12, 2015), Denali, Dell and Merger Sub. The Company and its directors moved to dismiss the amended complaint in the IBEW matter pursuant to provisions of the Massachusetts Business Corporation Act, M.G.L. c. 156D, § 7.40 et seq. , and Rules 12(b)(6) and 23.1 of the Massachusetts Rules of Civil Procedure, on the basis that the complaint asserts a derivative action on behalf of the Company and should be dismissed for failure to make the requisite pre-suit demand on the Company. On December 7, 2015 the Court granted this motion and on December 24, 2015 the court entered judgment dismissing each of the consolidated actions. On January 21, 2016, three of the plaintiffs served notice that they will appeal this judgment. On April 29, 2016, the appeal was docketed in the Massachusetts Appeals Court as case number 2016-P-0595. On May 2, 2016, the appellants filed an application for direct appellate review in the Massachusetts Supreme Judicial Court as Direct Appellate Review No. DAR-24347. On January 11, 2016, following the state court judgment and a motion by the Company and its directors to stay or dismiss the two lawsuits then pending in the United States District Court for the District of Massachusetts, the plaintiffs in those cases amended their complaints to eliminate the initial claims based on Massachusetts state law and substitute allegations that the preliminary proxy statement/prospectus dated December 14, 2015 omits and/or misrepresents material information and that such omissions and misrepresentations constitute violations of Section 14(a) of, and Rule 14a-9 under, the Securities Exchange Act of 1934. Two additional lawsuits have since been filed in the same court advancing substantially the same proxy-disclosure-based allegations. Of the two lawsuits filed purportedly on behalf of VMware shareholders, one was filed in Middlesex County Superior Court in Massachusetts, and the other in Delaware Chancery Court. Both generally allege that the Company, in its capacity as the majority shareholder of VMware, and individual defendants who are directors of the Company, VMware, or both, breached their fiduciary duties to minority shareholders of VMware in connection with the Merger. Both further allege that various combinations of defendants aided and abetted these alleged breaches of fiduciary duties. The Company, VMware, Denali, Dell, Merger Sub, and other defendants have served or filed motions to dismiss the operative complaints in both actions. The outcome of these lawsuits is uncertain, and additional lawsuits may be brought or additional claims advanced concerning the Merger. An adverse judgment for monetary damages could have an adverse effect on the Company’s operations. A preliminary injunction could delay or jeopardize the completion of the Merger, and an adverse judgment granting permanent injunctive relief could indefinitely enjoin completion of the Merger.

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Information	Segment Information We manage the Company as a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure, Pivotal and Virtustream. EMC Information Infrastructure operates in three segments: Information Storage, Enterprise Content Division and RSA Information Security, while VMware Virtual Infrastructure and Pivotal each operate as single segments. The results of Virtustream are currently reported within our Information Storage segment. Our management measures are designed to assess performance of these reporting segments excluding certain items. As a result, the corporate reconciling items are used to capture the items excluded from the segment operating performance measures, including stock-based compensation expense, intangible asset amortization expense, restructuring charges and acquisition and other related charges. Additionally, in certain instances, infrequently occurring items are also excluded or included from the measures used by management in assessing segment performance. Research and development expenses, selling, general and administrative expenses and restructuring and acquisition-related charges associated with the EMC Information Infrastructure business are not allocated to the segments within the EMC Information Infrastructure business, as they are managed centrally at the EMC Information Infrastructure business level. EMC Information Infrastructure and Pivotal have not been allocated non-operating income (expense), net and income tax provision as these costs are managed centrally at the EMC corporate level. Accordingly, for the three segments within the EMC Information Infrastructure business, gross profit is the segment operating performance measure, while for Pivotal, operating income is the operating performance measure. The VMware Virtual Infrastructure within EMC amounts represent the revenues and expenses of VMware as reflected within EMC’s consolidated financial statements. Our segment information for the three months ended March 31, 2016 and 2015 is as follows (tables in millions, except percentages): EMC Information Infrastructure Information Storage Enterprise Content Division RSA Information Security EMC Information Infrastructure Pivotal EMC Information Infrastructure plus Pivotal Three Months Ended March 31, 2016 Revenues: Product revenues $ 1,960 $ 29 $ 95 $ 2,084 $ 27 $ 2,111 Services revenues 1,487 105 133 1,725 56 1,781 Total consolidated revenues 3,447 134 228 3,809 83 3,892 Gross profit $ 1,711 $ 91 $ 151 $ 1,953 $ 34 $ 1,987 Gross profit percentage 49.6 % 68.0 % 66.4 % 51.3 % 41.2 % 51.1 % Research and development 378 34 412 Selling, general and administrative 1,084 58 1,142 Restructuring and acquisition-related charges — — — Total operating expenses 1,462 92 1,554 Operating income (expense) $ 491 $ (58 ) $ 433 EMC Information Infrastructure plus Pivotal VMware Virtual Infrastructure Corp Reconciling Items Consolidated Three Months Ended March 31, 2016 Revenues: Product revenues $ 2,111 $ 571 $ — $ 2,682 Services revenues 1,781 1,012 — 2,793 Total consolidated revenues 3,892 1,583 — 5,475 Gross profit $ 1,987 $ 1,373 $ (100 ) $ 3,260 Gross profit percentage 51.1 % 86.7 % — % 59.5 % Research and development 412 283 119 814 Selling, general and administrative 1,142 644 201 1,987 Restructuring and acquisition-related charges — — 49 49 Total operating expenses 1,554 927 369 2,850 Operating income (expense) 433 446 (469 ) 410 Non-operating income (expense), net (15 ) 9 (18 ) (24 ) Income tax provision (benefit) 75 128 (114 ) 89 Net income 343 327 (373 ) 297 Net income attributable to the non-controlling interests 1 (68 ) 38 (29 ) Net income attributable to EMC Corporation $ 344 $ 259 $ (335 ) $ 268 EMC Information Infrastructure Information Storage Enterprise Content Division RSA Information Security EMC Information Infrastructure Pivotal EMC Information Infrastructure plus Pivotal Three Months Ended March 31, 2015 Revenues: Product revenues $ 2,179 $ 27 $ 100 $ 2,306 $ 16 $ 2,322 Services revenues 1,484 111 148 1,743 38 1,781 Total consolidated revenues 3,663 138 248 4,049 54 4,103 Gross profit $ 1,850 $ 90 $ 165 $ 2,105 $ 22 $ 2,127 Gross profit percentage 50.5 % 65.2 % 66.6 % 52.0 % 40.3 % 51.9 % Research and development 424 27 451 Selling, general and administrative 1,169 49 1,218 Restructuring and acquisition-related charges — — — Total operating expenses 1,593 76 1,669 Operating income (expense) $ 512 $ (54 ) $ 458 EMC Information Infrastructure plus Pivotal VMware Virtual Infrastructure Corp Reconciling Items Consolidated Three Months Ended March 31, 2015 Revenues: Product revenues $ 2,322 $ 583 $ — $ 2,905 Services revenues 1,781 927 — 2,708 Total consolidated revenues 4,103 1,510 — 5,613 Gross profit $ 2,127 $ 1,311 $ (99 ) $ 3,339 Gross profit percentage 51.9 % 86.8 % — % 59.5 % Research and development 451 247 90 788 Selling, general and administrative 1,218 604 215 2,037 Restructuring and acquisition-related charges — — 135 135 Total operating expenses 1,669 851 440 2,960 Operating income (expense) 458 460 (539 ) 379 Non-operating income (expense), net (14 ) 8 — (6 ) Income tax provision (benefit) 126 89 (133 ) 82 Net income 318 379 (406 ) 291 Net income attributable to the non-controlling interests — (74 ) 35 (39 ) Net income attributable to EMC Corporation $ 318 $ 305 $ (371 ) $ 252 Our revenues are attributed to the geographic areas according to the location of the customers. Revenues by geographic area are included in the following table (table in millions): For the Three Months Ended March 31, March 31, United States $ 2,897 $ 3,013 Europe, Middle East and Africa 1,537 1,559 Asia Pacific and Japan 740 729 Latin America, Mexico and Canada 301 312 Total $ 5,475 $ 5,613 No country other than the United States accounted for 10% or more of revenues during the three months ended March 31, 2016 or 2015 . Long-lived assets, excluding financial instruments, deferred tax assets, goodwill and intangible assets, in the United States were $4,566 million at March 31, 2016 and $4,584 million at December 31, 2015 . Internationally, long-lived assets, excluding financial instruments, deferred tax assets, goodwill and intangible assets, were $1,037 million at March 31, 2016 and $1,053 million at December 31, 2015 . No country other than the United States accounted for 10% or more of total long-lived assets, excluding financial instruments and deferred tax assets, at March 31, 2016 or December 31, 2015 .

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Company	Company EMC Corporation (“EMC” or “the Company”) and its subsidiaries develop, deliver and support the information technology (“IT”) industry’s broadest range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure, Pivotal and Virtustream. EMC’s Information Infrastructure business provides a foundation for organizations to store, manage, protect, analyze and secure ever-increasing quantities of information, while at the same time improving business agility, lowering cost, and enhancing competitive advantage. EMC’s Information Infrastructure business comprises three segments – Information Storage, Enterprise Content Division and RSA Information Security. The results of Virtustream are currently reported within our Information Storage segment. EMC’s VMware Virtual Infrastructure business, which is represented by EMC’s majority equity stake in VMware, Inc. (“VMware”), is a leader in virtualization and cloud infrastructure solutions that enable businesses to help transform the way they build, deliver and consume IT resources in a manner that is based on their specific needs. VMware’s virtualization infrastructure solutions, which include a suite of products and services designed to deliver a software-defined data center, run on industry-standard desktop computers, servers and mobile devices and support a wide range of operating system and application environments, as well as networking and storage infrastructures. EMC’s Pivotal business (“Pivotal”) unites strategic technology, people and programs from EMC and VMware and has built a new platform comprised of next-generation data fabrics, application fabrics and a cloud independent platform-as-a-service (“PaaS”) to support Big and Fast Data applications. On top of this platform is the Company’s agile development services business. These capabilities are made available through Pivotal’s three primary offerings: Pivotal Cloud Foundry, the Pivotal Big Data Suite and Pivotal Labs. Proposed Transaction with Dell On October 12, 2015, EMC entered into an Agreement and Plan of Merger (the “Merger Agreement”) among EMC, Denali Holding Inc., a Delaware corporation (“Denali”), Dell Inc., a Delaware corporation (“Dell”), and Universal Acquisition Co., a Delaware corporation and direct wholly owned subsidiary of Denali (“Merger Sub”), pursuant to which, among other things and subject to the conditions set forth therein, Merger Sub will merge with and into EMC (the “Merger”), with EMC continuing as the surviving corporation and a wholly owned subsidiary of Denali. At the effective time of the Merger (“Effective Time”), each share of EMC common stock issued and outstanding will be canceled and converted into the right to receive (i) $24.05 in cash and (ii) a number of shares of common stock of Denali designated as Class V Common Stock, par value $0.01 per share (the “Class V Common Stock”), equal to the quotient obtained by dividing (A) 222,966,450 by (B) the aggregate number of shares of EMC common stock issued and outstanding immediately prior to the Effective Time. The aggregate number of shares of Class V Common Stock issued as Merger Consideration in the transaction is intended to represent 65% of EMC’s economic interest in the approximately 81% of the outstanding shares of VMware currently owned by EMC, reflecting approximately 53% of the total economic interest in the outstanding shares of VMware. Upon completion of the transaction, Denali will retain the remaining 28% of the total economic interest in the outstanding shares of VMware. Based on the estimated number of shares of EMC common stock outstanding at the closing of the transaction, EMC shareholders are expected to receive approximately 0.111 shares of Class V Common Stock for each share of EMC common stock. The Merger Agreement contains specified termination rights for both Denali and EMC, including that, in general, either party may terminate the agreement if the Merger is not consummated on or before December 16, 2016. If EMC terminates the Merger Agreement, EMC is required to pay Denali a termination fee of $2.5 billion . If Denali terminates the Merger Agreement, they are required to pay a termination fee of $4 billion under specified circumstances, and in certain instances, an alternative termination fee of $6 billion . The transaction is expected to close in mid-2016. The completion of the Merger is subject to certain conditions including EMC shareholder approval, the receipt of certain other regulatory approvals in various jurisdictions and the effectiveness of the registration statement on Form S-4 to be filed by Denali in connection with the registration of shares of Class V Common Stock issuable in connection with the Merger. The Merger Agreement contains representations and warranties customary for transactions of this nature. EMC has agreed to various customary covenants and agreements, including, among others, agreements to conduct its business in the ordinary course during the period between the execution of the Merger Agreement and the effective time of the Merger. In addition, without the consent of Denali, EMC may not take, authorize, agree or commit to do certain actions outside of the ordinary course of business, including acquiring businesses or incurring capital expenditures above specified thresholds, issuing additional debt facilities and repurchasing outstanding EMC common stock. Under the terms of the Merger Agreement, EMC is required to provide Denali with access to EMC’s cash to help fund the Merger consideration. At this time, EMC has not finalized its plan to access such cash and has not determined if there would be a need to repatriate cash to meet the requirements of the Merger. To date, EMC has asserted overseas cash as indefinitely reinvested; however if these overseas funds are required to be repatriated to the U.S. in accordance with the Merger Agreement, EMC may be required to accrue and pay U.S. taxes to repatriate these funds. Other than transaction expenses associated with the proposed Merger, the terms of the Merger Agreement did not impact EMC’s consolidated financial statements as of and for the three months ended March 31, 2016 .
General	General The accompanying interim consolidated financial statements are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. These consolidated financial statements include the accounts of EMC, its wholly owned subsidiaries, as well as VMware and Pivotal, companies majority-owned by EMC. All intercompany transactions have been eliminated. Certain information and footnote disclosures normally included in our annual consolidated financial statements have been condensed or omitted. Accordingly, these interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements for the year ended December 31, 2015 which are contained in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 25, 2016. The results of operations for the interim periods are not necessarily indicative of the results of operations to be expected for any future period or the entire fiscal year. The interim consolidated financial statements, in the opinion of management, reflect all adjustments necessary to fairly state the results as of and for the three -month periods ended March 31, 2016 and 2015 .
Net Income Per Share	Net Income Per Share Basic net income per weighted average share has been computed using the weighted average number of shares of common stock outstanding during the period. Diluted net income per weighted average share is computed using the weighted average number of common and dilutive common equivalent shares outstanding during the period. Common equivalent shares consist of stock options, restricted stock and restricted stock units. Additionally, for purposes of calculating diluted net income per weighted average share, net income is adjusted for the difference between VMware’s reported diluted and basic net income per weighted average share, if any, multiplied by the number of shares of VMware held by EMC.

Non-controlling Interests (Tabl

Non-controlling Interests (Tables)	3 Months Ended
	Mar. 31, 2016
Noncontrolling Interest [Abstract]
Effect of Changes in Ownership Interest in VMware on Equity	: For the Three Months Ended March 31, March 31, Net income attributable to EMC Corporation $ 268 $ 252 Transfers (to) from the non-controlling interests: Increase in EMC Corporation’s additional paid-in-capital for VMware and Pivotal equity issuances 21 30 Decrease in EMC Corporation’s additional paid-in-capital for VMware’s and Pivotal’s other equity activity (57 ) (331 ) Net transfers (to) from non-controlling interest (36 ) (301 ) Change from net income attributable to EMC Corporation and transfers from the non-controlling interest in VMware, Inc. $ 232 $ (49 )

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Long-term Debt	Our long-term debt as of March 31, 2016 was as follows (dollars in millions): Senior Notes Issued at Discount to Par Carrying Value $2.5 billion 1.875% Notes due 2018 99.943 % $ 2,499 $2.0 billion 2.650% Notes due 2020 99.760 % 1,997 $1.0 billion 3.375% Notes due 2023 99.925 % 1,000 $ 5,496 Debt issuance costs (19 ) Net long-term debt $ 5,477

Fair Value of Financial Asset25

Fair Value of Financial Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Composition of Investments	December 31, 2015 Amortized Cost Unrealized Gains Unrealized (Losses) Aggregate Fair Value U.S. government and agency obligations $ 2,449 $ — $ (8 ) $ 2,441 U.S. corporate debt securities 2,257 1 (10 ) 2,248 High yield corporate debt securities 307 2 (22 ) 287 Asset-backed securities 20 — — 20 Municipal obligations 731 1 — 732 Auction rate securities 27 — (2 ) 25 Foreign debt securities 2,332 — (9 ) 2,323 Total fixed income securities 8,123 4 (51 ) 8,076 Publicly traded equity securities 126 40 (8 ) 158 Total $ 8,249 $ 44 $ (59 ) $ 8,234 The following tables summarize the composition of our short- and long-term investments at March 31, 2016 and December 31, 2015 (tables in millions): March 31, 2016 Amortized Cost Unrealized Gains Unrealized (Losses) Aggregate Fair Value U.S. government and agency obligations $ 2,054 $ 5 $ (1 ) $ 2,058 U.S. corporate debt securities 2,364 11 (2 ) 2,373 High yield corporate debt securities 220 3 (8 ) 215 Asset-backed securities 13 — — 13 Municipal obligations 640 — — 640 Auction rate securities 25 — (2 ) 23 Foreign debt securities 2,298 6 (2 ) 2,302 Total fixed income securities 7,614 25 (15 ) 7,624 Publicly traded equity securities 113 18 (9 ) 122 Total $ 7,727 $ 43 $ (24 ) $ 7,746
Fair Value Hierarchy For Financial Assets And Liabilities Measured At Fair Value	The following tables represent our fair value hierarchy for our financial assets and liabilities measured at fair value as of March 31, 2016 and December 31, 2015 (tables in millions): March 31, 2016 Level 1 Level 2 Level 3 Total Cash $ 2,305 $ — $ — $ 2,305 Cash equivalents 4,025 894 — 4,919 U.S. government and agency obligations 1,258 800 — 2,058 U.S. corporate debt securities — 2,373 — 2,373 High yield corporate debt securities — 215 — 215 Asset-backed securities — 13 — 13 Municipal obligations — 640 — 640 Auction rate securities — — 23 23 Foreign debt securities — 2,302 — 2,302 Publicly traded equity securities 122 — — 122 Total cash and investments $ 7,710 $ 7,237 $ 23 $ 14,970 Other items: Strategic investments held at cost $ — $ — $ 385 $ 385 Investment in joint venture — — 39 39 Long-term debt carried at discounted cost — (5,186 ) — (5,186 ) Foreign exchange derivative assets — 74 — 74 Foreign exchange derivative liabilities — (79 ) — (79 ) Commodity derivative liabilities — (6 ) — (6 ) December 31, 2015 Level 1 Level 2 Level 3 Total Cash $ 2,095 $ — $ — $ 2,095 Cash equivalents 3,861 593 — 4,454 U.S. government and agency obligations 1,495 946 — 2,441 U.S. corporate debt securities — 2,248 — 2,248 High yield corporate debt securities — 287 — 287 Asset-backed securities — 20 — 20 Municipal obligations — 732 — 732 Auction rate securities — — 25 25 Foreign debt securities — 2,323 — 2,323 Publicly traded equity securities 158 — — 158 Total cash and investments $ 7,609 $ 7,149 $ 25 $ 14,783 Other items: Strategic investments held at cost $ — $ — $ 384 $ 384 Investment in joint venture — — 39 39 Long-term debt carried at discounted cost — (4,999 ) — (4,999 ) Foreign exchange derivative assets — 39 — 39 Foreign exchange derivative liabilities — (78 ) — (78 ) Commodity derivative liabilities — (4 ) — (4 )
Unrealized Losses on Investments by Investment Category and Length of Time in Continuous Unrealized Loss Position	Unrealized losses on investments at March 31, 2016 by investment category and length of time the investment has been in a continuous unrealized loss position are as follows (table in millions): Less Than 12 Months 12 Months or Greater Total Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses U.S. government and agency obligations $ 466 $ (1 ) $ — $ — $ 466 $ (1 ) U.S. corporate debt securities 485 (2 ) — — 485 (2 ) High yield corporate debt securities 99 (6 ) 23 (2 ) 122 (8 ) Auction rate securities — — 23 (2 ) 23 (2 ) Foreign debt securities 721 (1 ) 81 (1 ) 802 (2 ) Publicly traded equity securities 2 (1 ) 2 (8 ) 4 (9 ) Total $ 1,773 $ (11 ) $ 129 $ (13 ) $ 1,902 $ (24 )
Contractual Maturities of Investments	The contractual maturities of fixed income securities held at March 31, 2016 are as follows (table in millions): March 31, 2016 Amortized Cost Basis Aggregate Fair Value Due within one year $ 2,542 $ 2,543 Due after 1 year through 5 years 4,496 4,509 Due after 5 years through 10 years 332 330 Due after 10 years 244 242 Total $ 7,614 $ 7,624

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2016
Inventory Disclosure [Abstract]
Components of Inventories	Inventories consist of (table in millions): March 31, December 31, Work-in-process $ 590 $ 592 Finished goods 643 653 $ 1,233 $ 1,245

Accounts and Notes Receivable27

Accounts and Notes Receivable and Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Contractual Amounts Due Under Leases	The contractual amounts due under the leases we retained as of March 31, 2016 were as follows (table in millions): Year Contractual Amounts Due Under Leases Due within one year $ 50 Due within two years 37 Due within three years 26 Thereafter 3 Total 116 Less: Amounts representing interest 7 Present value 109 Current portion (included in accounts and notes receivable) 46 Long-term portion (included in other assets, net) $ 63

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	3 Months Ended
	Mar. 31, 2016
Property, Plant and Equipment [Abstract]
Components of Property, Plant and Equipment	Property, plant and equipment consist of (table in millions): March 31, December 31, Furniture and fixtures $ 286 $ 283 Equipment and software 7,474 7,378 Buildings and improvements 2,382 2,373 Land 172 171 Building construction in progress 97 83 10,411 10,288 Accumulated depreciation (6,605 ) (6,438 ) $ 3,806 $ 3,850

Accrued Expenses (Tables)

Accrued Expenses (Tables)	3 Months Ended
	Mar. 31, 2016
Payables and Accruals [Abstract]
Components of Accrued Expenses	Accrued expenses consist of (table in millions): March 31, December 31, Salaries and benefits $ 957 $ 1,189 Product warranties 151 172 Dividends payable (see Note 10) 239 234 Partner rebates 181 221 Restructuring, current (See Note 11) 250 333 Derivatives 85 82 Other 859 892 $ 2,722 $ 3,123
Activity in Warranty Accrual for Product Warranty	The following represents the activity in our warranty accrual for the three months ended March 31, 2016 and 2015 (table in millions): For the Three Months Ended March 31, March 31, Balance, beginning of the period $ 172 $ 207 Provision 25 33 Amounts charged against the accrual (46 ) (52 ) Balance, end of the period $ 151 $ 188

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2016
Stockholders' Equity Note [Abstract]
Reconciliation from Basic to Diluted Earnings Per Share	The reconciliation from basic to diluted earnings per share for both the numerators and denominators is as follows (table in millions): For the Three Months Ended March 31, March 31, Numerator: Net income attributable to EMC Corporation $ 268 $ 252 Incremental dilution from VMware — (1 ) Net income – dilution attributable to EMC Corporation $ 268 $ 251 Denominator: Weighted average shares, basic 1,949 1,974 Weighted common stock equivalents 16 22 Weighted average shares, diluted 1,965 1,996
Dividends Declared	Declaration Date Dividend Per Share Record Date Total Amount (in millions) Payment Date 2016: February 11, 2016 $ 0.115 April 1, 2016 $ 229 April 22, 2016 2015: February 27, 2015 $ 0.115 April 1, 2015 $ 229 April 23, 2015 May 20, 2015 $ 0.115 July 1, 2015 $ 226 July 23, 2015 July 30, 2015 $ 0.115 October 1, 2015 $ 229 October 23, 2015 December 17, 2015 $ 0.115 January 4, 2016 $ 230 January 22, 2016
Accumulated Other Comprehensive Loss	Changes in accumulated other comprehensive income (loss), which is presented net of tax, for the three months ended March 31, 2016 and 2015 consist of the following (tables in millions): Foreign Currency Translation Adjustments Unrealized Net Gains on Investments Unrealized Net Losses on Derivatives Recognition of Actuarial Net Loss from Pension and Other Postretirement Plans Accumulated Other Comprehensive Income Attributable to the Non-controlling Interest in VMware, Inc. Total Balance as of December, 31 2015 (a) $ (356 ) $ (10 ) $ (89 ) $ (125 ) $ 1 $ (579 ) Other comprehensive income (loss) before reclassifications 3 20 (4 ) — (4 ) 15 Net losses (gains) reclassified from accumulated other comprehensive income — 2 4 — — 6 Net current period other comprehensive income (loss) 3 22 — — (4 ) 21 Balance as of March 31, 2016 (b) $ (353 ) $ 12 $ (89 ) $ (125 ) $ (3 ) $ (558 ) __________________ (a) Net of taxes (benefits) of $(5) million for unrealized net gains on investments, $(56) million for unrealized net losses on derivatives and $(71) million for actuarial net loss on pension plans. (b) Net of taxes (benefits) of $7 million for unrealized net gains on investments, $(55) million for unrealized net losses on derivatives and $(71) million for actuarial net loss on pension plans . Foreign Currency Translation Adjustments Unrealized Net Gains on Investments Unrealized Net Losses on Derivatives Recognition of Actuarial Net Loss from Pension and Other Postretirement Plans Accumulated Other Comprehensive Income Attributable to the Non-controlling Interest in VMware, Inc. Total Balance as of December, 31 2014 (a) $ (187 ) $ 49 $ (99 ) $ (126 ) $ (3 ) $ (366 ) Other comprehensive income (loss) before reclassifications (104 ) 19 14 — (1 ) (72 ) Net losses (gains) reclassified from accumulated other comprehensive income — (8 ) (11 ) — — (19 ) Net current period other comprehensive income (loss) (104 ) 11 3 — (1 ) (91 ) Balance as of March 31, 2015 (b) $ (291 ) $ 60 $ (96 ) $ (126 ) $ (4 ) $ (457 ) __________________ (a) Net of taxes (benefits) of $31 million for unrealized net gains on investments, $(64) million for unrealized net losses on derivatives and $(70) million for actuarial net loss on pension plans. (b) Net of taxes (benefits) of $38 million for unrealized net gains on investments, $(61) million for unrealized net losses on derivatives and $(70) million for actuarial net loss on pension plans.
Reclassification Out Of Accumulated Other Comprehensive Income	The amounts reclassified out of accumulated other comprehensive income (loss) for the three months ended March 31, 2016 and 2015 are as follows (table in millions): For the Three Months Ended Accumulated Other Comprehensive Income Components March 31, 2016 March 31, 2015 Impacted Line Item on Consolidated Income Statements Net (loss) gain on investments: $ (2 ) $ 14 Investment income — (6 ) Provision for income tax Net of tax $ (2 ) $ 8 Net (loss) gain on derivatives: Foreign exchange contracts $ — $ 20 Product sales revenue Foreign exchange contracts — (3 ) Cost of product sales Interest rate swap (6 ) (6 ) Other interest expense Total net (loss) gain on derivatives before tax (6 ) 11 2 — Provision for income tax Net of tax $ (4 ) $ 11

Restructuring and Acquisition31

Restructuring and Acquisition-Related Charges (Tables)	3 Months Ended
	Mar. 31, 2016
Restructuring and Related Activities [Abstract]
Activity for the Restructuring Programs	The activity for the restructuring programs is presented below (tables in millions): Three Months Ended March 31, 2016 : Other EMC Programs Category Balance as of December 31, 2015 2016 Charges Utilization Balance as of March 31, 2016 Workforce reductions $ 322 $ (10 ) $ (99 ) $ 213 Consolidation of excess facilities and other contractual obligations 20 5 (3 ) 22 Total $ 342 $ (5 ) $ (102 ) $ 235 VMware Programs Category Balance as of 2016 Charges Utilization Balance as of March 31, 2016 Workforce reductions $ 3 $ 50 $ (26 ) $ 27 Consolidation of excess facilities and other contractual obligations — 3 — 3 Total $ 3 $ 53 $ (26 ) $ 30 Three Months Ended March 31, 2015 : 2015 EMC Programs Category Balance as of 2015 Charges Utilization Balance as of March 31, 2015 Workforce reductions $ — $ 107 $ (11 ) $ 96 Consolidation of excess facilities and other contractual obligations — 6 — 6 Total $ — $ 113 $ (11 ) $ 102 Other EMC Programs Category Balance as of Adjustments to the Provision Utilization Balance as of March 31, 2015 Workforce reductions $ 102 $ (2 ) $ (39 ) $ 61 Consolidation of excess facilities and other contractual obligations 19 — (5 ) 14 Total $ 121 $ (2 ) $ (44 ) $ 75 VMware Programs Category Balance as of 2015 Charges Utilization Balance as of March 31, 2015 Workforce reductions $ 8 $ 22 $ (14 ) $ 16 Consolidation of excess facilities and other contractual obligations — — — — Total $ 8 $ 22 $ (14 ) $ 16

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Information	Our segment information for the three months ended March 31, 2016 and 2015 is as follows (tables in millions, except percentages): EMC Information Infrastructure Information Storage Enterprise Content Division RSA Information Security EMC Information Infrastructure Pivotal EMC Information Infrastructure plus Pivotal Three Months Ended March 31, 2016 Revenues: Product revenues $ 1,960 $ 29 $ 95 $ 2,084 $ 27 $ 2,111 Services revenues 1,487 105 133 1,725 56 1,781 Total consolidated revenues 3,447 134 228 3,809 83 3,892 Gross profit $ 1,711 $ 91 $ 151 $ 1,953 $ 34 $ 1,987 Gross profit percentage 49.6 % 68.0 % 66.4 % 51.3 % 41.2 % 51.1 % Research and development 378 34 412 Selling, general and administrative 1,084 58 1,142 Restructuring and acquisition-related charges — — — Total operating expenses 1,462 92 1,554 Operating income (expense) $ 491 $ (58 ) $ 433 EMC Information Infrastructure plus Pivotal VMware Virtual Infrastructure Corp Reconciling Items Consolidated Three Months Ended March 31, 2016 Revenues: Product revenues $ 2,111 $ 571 $ — $ 2,682 Services revenues 1,781 1,012 — 2,793 Total consolidated revenues 3,892 1,583 — 5,475 Gross profit $ 1,987 $ 1,373 $ (100 ) $ 3,260 Gross profit percentage 51.1 % 86.7 % — % 59.5 % Research and development 412 283 119 814 Selling, general and administrative 1,142 644 201 1,987 Restructuring and acquisition-related charges — — 49 49 Total operating expenses 1,554 927 369 2,850 Operating income (expense) 433 446 (469 ) 410 Non-operating income (expense), net (15 ) 9 (18 ) (24 ) Income tax provision (benefit) 75 128 (114 ) 89 Net income 343 327 (373 ) 297 Net income attributable to the non-controlling interests 1 (68 ) 38 (29 ) Net income attributable to EMC Corporation $ 344 $ 259 $ (335 ) $ 268 EMC Information Infrastructure Information Storage Enterprise Content Division RSA Information Security EMC Information Infrastructure Pivotal EMC Information Infrastructure plus Pivotal Three Months Ended March 31, 2015 Revenues: Product revenues $ 2,179 $ 27 $ 100 $ 2,306 $ 16 $ 2,322 Services revenues 1,484 111 148 1,743 38 1,781 Total consolidated revenues 3,663 138 248 4,049 54 4,103 Gross profit $ 1,850 $ 90 $ 165 $ 2,105 $ 22 $ 2,127 Gross profit percentage 50.5 % 65.2 % 66.6 % 52.0 % 40.3 % 51.9 % Research and development 424 27 451 Selling, general and administrative 1,169 49 1,218 Restructuring and acquisition-related charges — — — Total operating expenses 1,593 76 1,669 Operating income (expense) $ 512 $ (54 ) $ 458 EMC Information Infrastructure plus Pivotal VMware Virtual Infrastructure Corp Reconciling Items Consolidated Three Months Ended March 31, 2015 Revenues: Product revenues $ 2,322 $ 583 $ — $ 2,905 Services revenues 1,781 927 — 2,708 Total consolidated revenues 4,103 1,510 — 5,613 Gross profit $ 2,127 $ 1,311 $ (99 ) $ 3,339 Gross profit percentage 51.9 % 86.8 % — % 59.5 % Research and development 451 247 90 788 Selling, general and administrative 1,218 604 215 2,037 Restructuring and acquisition-related charges — — 135 135 Total operating expenses 1,669 851 440 2,960 Operating income (expense) 458 460 (539 ) 379 Non-operating income (expense), net (14 ) 8 — (6 ) Income tax provision (benefit) 126 89 (133 ) 82 Net income 318 379 (406 ) 291 Net income attributable to the non-controlling interests — (74 ) 35 (39 ) Net income attributable to EMC Corporation $ 318 $ 305 $ (371 ) $ 252
Revenues By Geographic Area	Our revenues are attributed to the geographic areas according to the location of the customers. Revenues by geographic area are included in the following table (table in millions): For the Three Months Ended March 31, March 31, United States $ 2,897 $ 3,013 Europe, Middle East and Africa 1,537 1,559 Asia Pacific and Japan 740 729 Latin America, Mexico and Canada 301 312 Total $ 5,475 $ 5,613

Basis of Presentation Merger (D

Basis of Presentation Merger (Details) - USD ($) $ / shares in Units, $ in Billions	Mar. 31, 2016	Dec. 31, 2015	Oct. 12, 2015
Business Acquisition [Line Items]
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Denali
Business Acquisition [Line Items]
Resulting Percent of VMware which represents Merger consideration			53.00%
Economic interest of VMware Parent will retain			28.00%
Percent of EMC's interest in VMware which represents Merger consideration			65.00%
Business Acquisition, Share Price			$ 24.05
Common stock, par value (in usd per share)			$ 0.01
Investment Owned, Balance, Shares			222,966,450
Tracker Stock Fractional Share			0.111
Termination Fee Paid by EMC to Denali			$ 2.5
Termination Fee Paid by Denali to EMC			4
Alternative Termination Fee Paid by Denali to EMC			$ 6
VMware
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent	81.00%

Non-controlling Interests - Add

Non-controlling Interests - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Noncontrolling Interest [Line Items]
Non-controlling interest	$ 1,677	$ 1,579
VMware
Noncontrolling Interest [Line Items]
Non-controlling interest	$ 1,581	1,481
Voting power of VMware's outstanding common stock	97.00%
Noncontrolling Interest, Ownership Percentage by Parent	81.00%
Pivotal
Noncontrolling Interest [Line Items]
Non-controlling interest	$ 96	$ 98
Noncontrolling Interest, Ownership Percentage by Parent	83.00%

Non-controlling Interests - Eff

Non-controlling Interests - Effect of Changes in Ownership Interest in VMware on Equity (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Noncontrolling Interest [Line Items]
Net income attributable to EMC Corporation	$ 268	$ 252
Transfers (to) from the non-controlling interests:
Net transfers (to) from non-controlling interest	29	(415)
VMware
Noncontrolling Interest [Line Items]
Net income attributable to EMC Corporation	268	252
Transfers (to) from the non-controlling interests:
Increase in EMC Corporation’s additional paid-in-capital for VMware and Pivotal equity issuances	21	30
Decrease in EMC Corporation’s additional paid-in-capital for VMware’s and Pivotal’s other equity activity	(57)	(331)
Net transfers (to) from non-controlling interest	(36)	(301)
Change from net income attributable to EMC Corporation and transfers from the non-controlling interest in VMware, Inc.	$ 232	$ (49)

Debt - Key Components of Long-t

Debt - Key Components of Long-term Debt (Details) - USD ($)	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Carrying Value	$ 5,477,000,000	$ 5,475,000,000
Long-term Notes $2.5B
Debt Instrument [Line Items]
Debt, face amount	$ 2,500,000,000
Stated interest rate	1.875%
Issued at Discount to Par	99.943%
Carrying Value	$ 2,499,000,000
Long-term Notes $2.0B
Debt Instrument [Line Items]
Debt, face amount	$ 2,000,000,000
Stated interest rate	2.65%
Issued at Discount to Par	99.76%
Carrying Value	$ 1,997,000,000
Long-term Notes $1.0B
Debt Instrument [Line Items]
Debt, face amount	$ 1,000,000,000
Stated interest rate	3.375%
Issued at Discount to Par	99.925%
Carrying Value	$ 1,000,000,000
Long-term Notes $5.5B
Debt Instrument [Line Items]
Carrying Value	5,496,000,000
Debt Issuance Cost	$ (19,000,000)

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($)	3 Months Ended	60 Months Ended
	Mar. 31, 2016	Feb. 27, 2020	May. 05, 2016	Dec. 31, 2015	Mar. 23, 2015	Feb. 27, 2015	Jun. 30, 2013
Line of Credit Facility, Maximum Borrowing Capacity						$ 2,500,000,000
line of credit available increase to credit facility						$ 1,000,000,000
Line of Credit, Current	$ 0			$ 600,000,000
Convertible Senior Notes 2013
Senior Notes							$ 1,725,000,000,000
Stated interest rate							1.75%
Long-term Debt
Unamortized discount	$ 4,000,000
Effective interest rate	2.55%
Long-term Debt
Long term debt, aggregate principal							$ 5,500,000,000
Commercial Paper
Commercial Paper Maximum Borrowing Amount					$ 2,500,000,000
Short-term Debt, Terms	The Commercial Paper will have maturities of up to 397 days from the date of issue
Commercial Paper	$ 925,000,000			$ 699,000,000
Short-term Debt, Weighted Average Interest Rate	0.95%
Minimum | Commercial Paper
Short-term Debt, Terms	13
Maximum | Commercial Paper
Short-term Debt, Terms	30
Scenario, Forecast
Line of Credit Facility, Expiration Date		Feb. 27, 2020
Line of Credit Facility, Description		At our option, subject to certain conditions, any loan under the Credit Agreement will bear interest at a rate equal to, either (i) the LIBOR Rate or (ii) the Base Rate (defined as the highest of (a) the Federal Funds rate plus 0.50%, (b) Citibank, N.A.’s “prime rate” as announced from time to time, or (c) one-month LIBOR plus 1.00%), plus, in each case the Applicable Margin, as defined in the Credit Agreement
Subsequent Event | Commercial Paper
Commercial Paper			$ 1,285,000,000

Fair Value of Financial Asset38

Fair Value of Financial Assets and Liabilities - Composition of Investments (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
U.S. government and agency obligations
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 2,054	$ 2,449
Unrealized Gains	5	0
Unrealized (Losses)	(1)	(8)
Aggregate Fair Value	2,058	2,441
U.S. corporate debt securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	2,364	2,257
Unrealized Gains	11	1
Unrealized (Losses)	(2)	(10)
Aggregate Fair Value	2,373	2,248
High yield corporate debt securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	220	307
Unrealized Gains	3	2
Unrealized (Losses)	(8)	(22)
Aggregate Fair Value	215	287
Asset-backed securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	13	20
Unrealized Gains	0	0
Unrealized (Losses)	0	0
Aggregate Fair Value	13	20
Municipal obligations
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	640	731
Unrealized Gains	0	1
Unrealized (Losses)	0	0
Aggregate Fair Value	640	732
Auction rate securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	25	27
Unrealized Gains	0	0
Unrealized (Losses)	(2)	(2)
Aggregate Fair Value	23	25
Foreign debt securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	2,298	2,332
Unrealized Gains	6	0
Unrealized (Losses)	(2)	(9)
Aggregate Fair Value	2,302	2,323
Fixed income securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	7,614	8,123
Unrealized Gains	25	4
Unrealized (Losses)	(15)	(51)
Aggregate Fair Value	7,624	8,076
Publicly traded equity securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	113	126
Unrealized Gains	18	40
Unrealized (Losses)	(9)	(8)
Aggregate Fair Value	122	158
Fixed income and publicly traded equity securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	7,727	8,249
Unrealized Gains	43	44
Unrealized (Losses)	(24)	(59)
Aggregate Fair Value	$ 7,746	$ 8,234

Fair Value of Financial Asset39

Fair Value of Financial Assets and Liabilities - Fair Value Hierarchy For Financial Assets And Liabilities Measured At Fair Value (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	$ 14,970	$ 14,783
Investment in joint venture	39	39
Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	7,710	7,609
Investment in joint venture	0	0
Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	7,237	7,149
Investment in joint venture	0	0
Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	23	25
Investment in joint venture	39	39
Cash
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	2,305	2,095
Cash | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	2,305	2,095
Cash | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Cash | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Cash equivalents
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	4,919	4,454
Cash equivalents | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	4,025	3,861
Cash equivalents | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	894	593
Cash equivalents | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
U.S. government and agency obligations
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	2,058	2,441
U.S. government and agency obligations | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	1,258	1,495
U.S. government and agency obligations | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	800	946
U.S. government and agency obligations | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
U.S. corporate debt securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	2,373	2,248
U.S. corporate debt securities | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
U.S. corporate debt securities | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	2,373	2,248
U.S. corporate debt securities | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
High yield corporate debt securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	215	287
High yield corporate debt securities | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
High yield corporate debt securities | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	215	287
High yield corporate debt securities | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Asset-backed securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	13	20
Asset-backed securities | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Asset-backed securities | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	13	20
Asset-backed securities | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Municipal obligations
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	640	732
Municipal obligations | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Municipal obligations | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	640	732
Municipal obligations | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Auction rate securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	23	25
Auction rate securities | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Auction rate securities | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Auction rate securities | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	23	25
Foreign debt securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	2,302	2,323
Foreign debt securities | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Foreign debt securities | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	2,302	2,323
Foreign debt securities | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Publicly traded equity securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	122	158
Publicly traded equity securities | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	122	158
Publicly traded equity securities | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Publicly traded equity securities | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total cash and investments	0	0
Strategic investments held at cost
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cost method strategic investments	385	384
Strategic investments held at cost | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cost method strategic investments	0	0
Strategic investments held at cost | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cost method strategic investments	0	0
Strategic investments held at cost | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cost method strategic investments	385	384
Long-term debt carried at discounted cost
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt carried at discounted cost	(5,186)	(4,999)
Long-term debt carried at discounted cost | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt carried at discounted cost	0	0
Long-term debt carried at discounted cost | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt carried at discounted cost	(5,186)	(4,999)
Long-term debt carried at discounted cost | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt carried at discounted cost	0	0
Foreign Exchange Contract
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign exchange derivative assets	74	39
Foreign exchange derivative liabilities	(79)	(78)
Foreign Exchange Contract | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign exchange derivative assets	0	0
Foreign exchange derivative liabilities	0	0
Foreign Exchange Contract | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign exchange derivative assets	74	39
Foreign exchange derivative liabilities	(79)	(78)
Foreign Exchange Contract | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign exchange derivative assets	0	0
Foreign exchange derivative liabilities	0	0
Commodity Contract
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign exchange derivative liabilities	(6)	(4)
Commodity Contract | Fair Value, Inputs, Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign exchange derivative liabilities	0	0
Commodity Contract | Fair Value, Inputs, Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign exchange derivative liabilities	(6)	(4)
Commodity Contract | Fair Value, Inputs, Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign exchange derivative liabilities	$ 0	$ 0

Fair Value of Financial Asset40

Fair Value of Financial Assets and Liabilities - Unrealized Losses on Investments by Investment Category and Length of Time in Continuous Unrealized Loss Position (Detail) $ in Millions	Mar. 31, 2016USD ($)
Gain (Loss) on Investments [Line Items]
Less Than 12 Months Fair Value	$ 1,773
Less than 12 Months Gross Unrealized Losses	(11)
12 Months or Greater Fair Value	129
12 Months or Greater Gross Unrealized Losses	(13)
Total Fair Value	1,902
Total, Gross Unrealized Losses	(24)
U.S. government and agency obligations
Gain (Loss) on Investments [Line Items]
Less Than 12 Months Fair Value	466
Less than 12 Months Gross Unrealized Losses	(1)
12 Months or Greater Fair Value	0
12 Months or Greater Gross Unrealized Losses	0
Total Fair Value	466
Total, Gross Unrealized Losses	(1)
U.S. corporate debt securities
Gain (Loss) on Investments [Line Items]
Less Than 12 Months Fair Value	485
Less than 12 Months Gross Unrealized Losses	(2)
12 Months or Greater Fair Value	0
12 Months or Greater Gross Unrealized Losses	0
Total Fair Value	485
Total, Gross Unrealized Losses	(2)
High yield corporate debt securities
Gain (Loss) on Investments [Line Items]
Less Than 12 Months Fair Value	99
Less than 12 Months Gross Unrealized Losses	(6)
12 Months or Greater Fair Value	23
12 Months or Greater Gross Unrealized Losses	(2)
Total Fair Value	122
Total, Gross Unrealized Losses	(8)
Auction rate securities
Gain (Loss) on Investments [Line Items]
Less Than 12 Months Fair Value	0
Less than 12 Months Gross Unrealized Losses	0
12 Months or Greater Fair Value	23
12 Months or Greater Gross Unrealized Losses	(2)
Total Fair Value	23
Total, Gross Unrealized Losses	(2)
Foreign debt securities
Gain (Loss) on Investments [Line Items]
Less Than 12 Months Fair Value	721
Less than 12 Months Gross Unrealized Losses	(1)
12 Months or Greater Fair Value	81
12 Months or Greater Gross Unrealized Losses	(1)
Total Fair Value	802
Total, Gross Unrealized Losses	(2)
Publicly traded equity securities
Gain (Loss) on Investments [Line Items]
Less Than 12 Months Fair Value	2
Less than 12 Months Gross Unrealized Losses	(1)
12 Months or Greater Fair Value	2
12 Months or Greater Gross Unrealized Losses	(8)
Total Fair Value	4
Total, Gross Unrealized Losses	$ (9)

Fair Value of Financial Asset41

Fair Value of Financial Assets and Liabilities - Contractual Maturities of Investments (Detail) - Fixed income securities - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Amortized Cost Basis
Due within one year	$ 2,542
Due after 1 year through 5 years	4,496
Due after 5 years through 10 years	332
Due after 10 years	244
Amortized Cost	7,614	$ 8,123
Aggregate Fair Value
Due within one year	2,543
Due after 1 year through 5 years	4,509
Due after 5 years through 10 years	330
Due after 10 years	242
Aggregate Fair Value	$ 7,624	$ 8,076

Fair Value of Financial Asset42

Fair Value of Financial Assets and Liabilities - Additional Information (Detail) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2016USD ($)Security	Mar. 31, 2015	Dec. 31, 2012	Dec. 31, 2015USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	$ 2,577			$ 2,726
Foreign debt securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available-for-sale Securities	$ 2,302			2,323
Average credit rating	A+
Foreign Sovereign Debt Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Average credit rating	AA+
Percentage of securities	4.00%
Auction rate securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available-for-sale Securities	$ 23			$ 25
Average credit rating	AA
Change in fair value of level 3 investment	no material changes	no material changes
Number of auction rate securities | Security	1
Auction rate securities that have partial guarantees by the U.S. government, market value	$ 4
Percentage of loans guaranteed	95.00%
Coupon rate used to estimate fair value of investments - Start Range	1.00%
Coupon rate used to estimate fair value of investments - End Range	3.00%
Discount rate used to estimate fair value of investments	1.00%
The rate used for the discount margin to determine the estimated fair value of investment in auction rate securities	1.00%			1.00%
Fair value input, discounted cash flow, term	5 years
Variable Rate Demand Note
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term investments	$ 34
LenovoEMC [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Change in fair value of level 3 investment	no material changes	no material changes
Discount rate used to estimate fair value of investments			6.00%
Ownership percentage, joint venture	49.00%
Fair value input, discounted cash flow, term			3 years

Inventories - Components of Inv

Inventories - Components of Inventories (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Work-in-process	$ 590	$ 592
Finished goods	643	653
Inventory, Net, Total	$ 1,233	$ 1,245

Accounts and Notes Receivable44

Accounts and Notes Receivable and Allowance for Credit Losses - Contractual Amounts Due under Leases (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Receivables [Abstract]
Due within one year	$ 50
Due within two years	37
Due within three years	26
Thereafter	3
Total	116	$ 154
Less: Amounts representing interest	7
Present value	109
Current portion (included in accounts and notes receivable)	46
Long-term portion (included in other assets, net)	$ 63

Accounts and Notes Receivable45

Accounts and Notes Receivable and Allowance for Credit Losses - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended	3 Months Ended
	May. 05, 2016	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accounts Receivable, Additional Narrative Disclosure		no material changes	no material changes
Gross lease receivables		$ 116		$ 154
Subsequent Event
Financing Receivable, Recorded Investment, Past Due [Line Items]
Sales of leases to third parties without recourse	$ 19

Property, Plant and Equipment -

Property, Plant and Equipment - Components of Property, Plant and Equipment (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 10,411	$ 10,288
Accumulated depreciation	(6,605)	(6,438)
Property, plant and equipment, net	3,806	3,850
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	286	283
Equipment and software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	7,474	7,378
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,382	2,373
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	172	171
Building construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	97	$ 83
Facilities not yet placed in service, holding for future use
Property, Plant and Equipment [Line Items]
Building construction in progress	$ 52

Accrued Expenses - Components o

Accrued Expenses - Components of Accrued Expenses (Detail) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Payables and Accruals [Abstract]
Salaries and benefits	$ 957	$ 1,189
Product warranties	151	172	$ 188	$ 207
Dividends payable (see Note 10)	239	234
Partner rebates	181	221
Restructuring, current (See Note 11)	250	333
Derivatives	85	82
Other	859	892
Accrued Liabilities, Current, Total	$ 2,722	$ 3,123

Accrued Expenses - Activity in

Accrued Expenses - Activity in Warranty Accrual for Product Warranty (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Movement in Standard Product Warranty Accrual [Roll Forward]
Balance, beginning of the period	$ 172	$ 207
Provision	25	33
Amounts charged against the accrual	(46)	(52)
Balance, end of the period	$ 151	$ 188

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Effective income tax rates	23.10%	22.00%

Shareholders' Equity - Reconcil

Shareholders' Equity - Reconciliation from Basic To Diluted Earnings Per Share for both Numerators and Denominators (Detail) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Numerator:
Net income attributable to EMC Corporation	$ 268	$ 252
Incremental dilution from VMware	0	(1)
Net income – dilution attributable to EMC Corporation	$ 268	$ 251
Denominator:
Weighted average shares, basic	1,949	1,974
Weighted common stock equivalents	16	22
Weighted average shares, diluted	1,965	1,996

Shareholders' Equity - Dividend

Shareholders' Equity - Dividends Declared (Details) - USD ($) $ / shares in Units, $ in Millions	Feb. 11, 2016	Dec. 17, 2015	Jul. 30, 2015	May. 20, 2015	Feb. 27, 2015	Mar. 31, 2016
Dividend Per Share (in usd per share)	$ 0.115	$ 0.115	$ 0.115	$ 0.115	$ 0.115	$ 0.115
Dividends, Common Stock, Cash	$ 229	$ 230	$ 229	$ 226	$ 229

Shareholders' Equity - Accumula

Shareholders' Equity - Accumulated Other Comprehensive Loss, Net of Tax (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	$ (579)	$ (366)	$ (366)
Other comprehensive income (loss) before reclassifications	15	(72)
Net losses (gains) reclassified from accumulated other comprehensive income	6	(19)
Net current period other comprehensive income (loss)	21	(91)
Ending balance	(558)	(457)	(579)	$ (366)
Taxes (benefits)	89	82
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(356)	(187)	(187)
Other comprehensive income (loss) before reclassifications	3	(104)
Net losses (gains) reclassified from accumulated other comprehensive income	0	0
Net current period other comprehensive income (loss)	3	(104)
Ending balance	(353)	(291)	(356)	(187)
Unrealized Net Gains on Investments
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(10)	49	49
Other comprehensive income (loss) before reclassifications	20	19
Net losses (gains) reclassified from accumulated other comprehensive income	2	(8)
Net current period other comprehensive income (loss)	22	11
Ending balance	12	60	(10)	49
Taxes (benefits)	7	38	(5)	31
Unrealized Net Losses on Derivatives
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(89)	(99)	(99)
Other comprehensive income (loss) before reclassifications	(4)	14
Net losses (gains) reclassified from accumulated other comprehensive income	4	(11)
Net current period other comprehensive income (loss)	0	3
Ending balance	(89)	(96)	(89)	(99)
Taxes (benefits)	(55)	(61)	(56)	(64)
Recognition of Actuarial Net Loss from Pension and Other Postretirement Plans
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	(125)	(126)	(126)
Other comprehensive income (loss) before reclassifications	0	0
Net losses (gains) reclassified from accumulated other comprehensive income	0	0
Net current period other comprehensive income (loss)	0	0
Ending balance	(125)	(126)	(125)	(126)
Taxes (benefits)	(71)	(70)	(71)	(70)
Accumulated Other Comprehensive Income Attributable to the Non-controlling Interest in VMware, Inc.
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Beginning balance	1	(3)	(3)
Other comprehensive income (loss) before reclassifications	(4)	(1)
Net losses (gains) reclassified from accumulated other comprehensive income	0	0
Net current period other comprehensive income (loss)	(4)	(1)
Ending balance	$ (3)	$ (4)	$ 1	$ (3)

Shareholders' Equity - Reclassi

Shareholders' Equity - Reclassification Out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Reclassification out of Accumulated Other Comprehensive Income
Investment income	$ 13	$ 24
Product sales revenue	2,682	2,905
Cost of product sales	(1,251)	(1,329)
Other interest expense	(41)	(40)
Income (loss) before provision for income taxes	386	373
Provision for income tax	(89)	(82)
Net income	297	291
Net gain on investments
Reclassification out of Accumulated Other Comprehensive Income
Provision for income tax	(7)	(38)	$ 5	$ (31)
Net gain on derivatives
Reclassification out of Accumulated Other Comprehensive Income
Provision for income tax	55	61	56	64
Net gains from pension and other postretirement plans
Reclassification out of Accumulated Other Comprehensive Income
Provision for income tax	71	70	$ 71	$ 70
Foreign Exchange Contract | Reclassification Out of Accumulated Other Comprehensive Income | Net gain on derivatives
Reclassification out of Accumulated Other Comprehensive Income
Product sales revenue	0	20
Cost of product sales	0	(3)
Income (loss) before provision for income taxes	(6)	11
Provision for income tax	2	0
Net income	(4)	11
Interest Rate Swap | Reclassification Out of Accumulated Other Comprehensive Income | Net gain on interest rate swap
Reclassification out of Accumulated Other Comprehensive Income
Other interest expense	(6)	(6)
Unrealized Gain on Investments | Reclassification Out of Accumulated Other Comprehensive Income | Net gain on investments
Reclassification out of Accumulated Other Comprehensive Income
Investment income	(2)	14
Provision for income tax	0	6
Net income	$ (2)	$ 8

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions	3 Months Ended		16 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Apr. 30, 2016	Dec. 01, 2014
Common stock excluded from calculation of diluted earnings per share	2	1
Repurchases of Common Stock, shares authorized to repurchase					250
Total Repurchases of Common Stock, cost			$ 715
Total Repurchases of Common Stock, shares			27
Shares authorized for future repurchases	223		223
Payments for Repurchase of Common Stock	$ 0	$ 1,346
VMware
Payments for Repurchase of Common Stock	0	$ 438
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 835		$ 835
Subsequent Event | VMware
Stock Repurchase Program, Authorized Amount				$ 1,200

Restructuring and Acquisition55

Restructuring and Acquisition-Related Charges - Activity For Restructuring Program (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
EMC Information Infrastructure Plus Pivotal
Restructuring Reserve [Roll Forward]
Restructuring Reserve, Accrual Adjustment	$ (5)
Charges/ Adjustments to the Provision		$ 111
EMC Information Infrastructure Plus Pivotal | Workforce reductions
Restructuring Reserve [Roll Forward]
Beginning Balance	322
Charges/ Adjustments to the Provision	(10)
Restructuring Reserve Settled During Period	(99)
Ending Balance	213
EMC Information Infrastructure Plus Pivotal | Consolidation of excess facilities and other contractual obligations
Restructuring Reserve [Roll Forward]
Beginning Balance	20
Charges/ Adjustments to the Provision	5
Restructuring Reserve Settled During Period	(3)
Ending Balance	22
VMware
Restructuring Reserve [Roll Forward]
Charges/ Adjustments to the Provision	53	22
Restructuring 2015 Programs | EMC Information Infrastructure Plus Pivotal
Restructuring Reserve [Roll Forward]
Beginning Balance		0
Charges/ Adjustments to the Provision		113
Restructuring Reserve Settled During Period		(11)
Ending Balance		102
Restructuring 2015 Programs | EMC Information Infrastructure Plus Pivotal | Workforce reductions
Restructuring Reserve [Roll Forward]
Beginning Balance		0
Charges/ Adjustments to the Provision		107
Restructuring Reserve Settled During Period		(11)
Ending Balance		96
Restructuring 2015 Programs | EMC Information Infrastructure Plus Pivotal | Consolidation of excess facilities and other contractual obligations
Restructuring Reserve [Roll Forward]
Beginning Balance		0
Charges/ Adjustments to the Provision		6
Restructuring Reserve Settled During Period		0
Ending Balance		6
Restructuring Other Programs | EMC Information Infrastructure Plus Pivotal
Restructuring Reserve [Roll Forward]
Beginning Balance	342	121
Restructuring Reserve, Accrual Adjustment		(2)
Charges/ Adjustments to the Provision	(5)
Restructuring Reserve Settled During Period	(102)	(44)
Ending Balance	235	75
Restructuring Other Programs | EMC Information Infrastructure Plus Pivotal | Workforce reductions
Restructuring Reserve [Roll Forward]
Beginning Balance		102
Restructuring Reserve, Accrual Adjustment		(2)
Restructuring Reserve Settled During Period		(39)
Ending Balance		61
Restructuring Other Programs | EMC Information Infrastructure Plus Pivotal | Consolidation of excess facilities and other contractual obligations
Restructuring Reserve [Roll Forward]
Beginning Balance		19
Charges/ Adjustments to the Provision		0
Restructuring Reserve Settled During Period		(5)
Ending Balance		14
Restructuring Other Programs | VMware
Restructuring Reserve [Roll Forward]
Beginning Balance	3	8
Charges/ Adjustments to the Provision	53	22
Restructuring Reserve Settled During Period	(26)	(14)
Ending Balance	30	16
Restructuring Other Programs | VMware | Workforce reductions
Restructuring Reserve [Roll Forward]
Beginning Balance	3	8
Charges/ Adjustments to the Provision	50	22
Restructuring Reserve Settled During Period	(26)	(14)
Ending Balance	27	16
Restructuring Other Programs | VMware | Consolidation of excess facilities and other contractual obligations
Restructuring Reserve [Roll Forward]
Beginning Balance	0	0
Charges/ Adjustments to the Provision	3	0
Restructuring Reserve Settled During Period	0	0
Ending Balance	$ 3	$ 0

Restructuring and Acquisition56

Restructuring and Acquisition-Related Charges - Additional information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)position	Mar. 31, 2015USD ($)position
Restructuring Cost and Reserve [Line Items]
Restructuring and acquisition-related charges	$ 49	$ 135
Lease termination costs for facilities	5	6
EMC Information Infrastructure Plus Pivotal
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Accrual Adjustment	(5)
Restructuring charges		111
Acquisition-related charges		1
VMware
Restructuring Cost and Reserve [Line Items]
Restructuring charges	53	22
Acquisition-related charges	$ 1	1
Restructuring 2015 Programs | EMC Information Infrastructure Plus Pivotal
Restructuring Cost and Reserve [Line Items]
Restructuring charges		$ 113
Restructuring and Related Cost, Number of Positions Eliminated | position		1,320
Restructuring 2015 Programs | VMware
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated | position		350
Restructuring 2016 Programs | VMware
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated | position	800

Segment Information - Additiona

Segment Information - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2016USD ($)Countrysegment	Mar. 31, 2015Country	Dec. 31, 2015USD ($)
United States
Segment Reporting Information [Line Items]
Long-lived assets, excluding financial instruments, deferred tax assets, goodwill and intangible assets | $	$ 4,566		$ 4,584
International
Segment Reporting Information [Line Items]
Long-lived assets, excluding financial instruments, deferred tax assets, goodwill and intangible assets | $	$ 1,037		$ 1,053
Geographic Concentration | Sales Revenue, Segment
Segment Reporting Information [Line Items]
Number of countries other than the US that accounted for 10% or more | Country	0	0
Geographic Concentration | Long-lived Assets, Total
Segment Reporting Information [Line Items]
Number of countries other than the US that accounted for 10% or more | Country	0	0
EMC Information Infrastructure
Segment Reporting Information [Line Items]
Number of operating segments | segment	3

Segment information (Detail)

Segment information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Revenues:
Product revenues	$ 2,682	$ 2,905
Services revenues	2,793	2,708
Total consolidated revenues	5,475	5,613
Gross profit	$ 3,260	$ 3,339
Gross profit percentage	59.50%	59.50%
Research and development	$ 814	$ 788
Selling, general and administrative	1,987	2,037
Restructuring and acquisition-related charges	49	135
Total operating expenses	2,850	2,960
Operating income (expense)	410	379
Non-operating income (expense), net	(24)	(6)
Income tax provision	89	82
Net income	297	291
Less: Net income attributable to the non-controlling interests	(29)	(39)
Net income attributable to EMC Corporation	268	252
EMC Information Infrastructure
Revenues:
Product revenues	2,084	2,306
Services revenues	1,725	1,743
Total consolidated revenues	3,809	4,049
Gross profit	$ 1,953	$ 2,105
Gross profit percentage	51.30%	52.00%
Research and development	$ 378	$ 424
Selling, general and administrative	1,084	1,169
Restructuring and acquisition-related charges	0	0
Total operating expenses	1,462	1,593
Operating income (expense)	491	512
Pivotal
Revenues:
Product revenues	27	16
Services revenues	56	38
Total consolidated revenues	83	54
Gross profit	$ 34	$ 22
Gross profit percentage	41.20%	40.30%
Research and development	$ 34	$ 27
Selling, general and administrative	58	49
Restructuring and acquisition-related charges	0	0
Total operating expenses	92	76
Operating income (expense)	(58)	(54)
EMC Information Infrastructure Plus Pivotal
Revenues:
Product revenues	2,111	2,322
Services revenues	1,781	1,781
Total consolidated revenues	3,892	4,103
Gross profit	$ 1,987	$ 2,127
Gross profit percentage	51.10%	51.90%
Research and development	$ 412	$ 451
Selling, general and administrative	1,142	1,218
Restructuring and acquisition-related charges	0	0
Total operating expenses	1,554	1,669
Operating income (expense)	433	458
Non-operating income (expense), net	(15)	(14)
Income tax provision	75	126
Net income	343	318
Less: Net income attributable to the non-controlling interests	1	0
Net income attributable to EMC Corporation	344	318
VMware Virtual Infrastructure within EMC
Revenues:
Product revenues	571	583
Services revenues	1,012	927
Total consolidated revenues	1,583	1,510
Gross profit	$ 1,373	$ 1,311
Gross profit percentage	86.70%	86.80%
Research and development	$ 283	$ 247
Selling, general and administrative	644	604
Restructuring and acquisition-related charges	0	0
Total operating expenses	927	851
Operating income (expense)	446	460
Non-operating income (expense), net	9	8
Income tax provision	128	89
Net income	327	379
Less: Net income attributable to the non-controlling interests	(68)	(74)
Net income attributable to EMC Corporation	259	305
Corp Reconciling Items
Revenues:
Product revenues	0	0
Services revenues	0	0
Total consolidated revenues	0	0
Gross profit	$ (100)	$ (99)
Gross profit percentage	0.00%	0.00%
Research and development	$ 119	$ 90
Selling, general and administrative	201	215
Restructuring and acquisition-related charges	49	135
Total operating expenses	369	440
Operating income (expense)	(469)	(539)
Non-operating income (expense), net	(18)	0
Income tax provision	(114)	(133)
Net income	(373)	(406)
Less: Net income attributable to the non-controlling interests	38	35
Net income attributable to EMC Corporation	(335)	(371)
Information Storage
Revenues:
Product revenues	1,960	2,179
Services revenues	1,487	1,484
Total consolidated revenues	3,447	3,663
Gross profit	$ 1,711	$ 1,850
Gross profit percentage	49.60%	50.50%
Enterprise Content Division
Revenues:
Product revenues	$ 29	$ 27
Services revenues	105	111
Total consolidated revenues	134	138
Gross profit	$ 91	$ 90
Gross profit percentage	68.00%	65.20%
RSA Information Security
Revenues:
Product revenues	$ 95	$ 100
Services revenues	133	148
Total consolidated revenues	228	248
Gross profit	$ 151	$ 165
Gross profit percentage	66.40%	66.60%

Segment Information - Revenues

Segment Information - Revenues By Geographic Area (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Segment Reporting Information [Line Items]
Total consolidated revenues	$ 5,475	$ 5,613
United States
Segment Reporting Information [Line Items]
Total consolidated revenues	2,897	3,013
Europe, Middle East and Africa
Segment Reporting Information [Line Items]
Total consolidated revenues	1,537	1,559
Asia Pacific and Japan
Segment Reporting Information [Line Items]
Total consolidated revenues	740	729
Latin America, Mexico and Canada
Segment Reporting Information [Line Items]
Total consolidated revenues	$ 301	$ 312