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Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	May 04, 2018	Jun. 06, 2018
Entity Information [Line Items]
Entity Registrant Name	Dell Technologies Inc.
Entity Central Index Key	0001571996
Current Fiscal Year End Date	--02-01
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	May 04, 2018
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding - Class V
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		199,354,950
Entity Common Stock, Shares Outstanding - Class A
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		409,538,423
Entity Common Stock, Shares Outstanding - Class B
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		136,986,858
Entity Common Stock, Shares Outstanding - Class C
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		22,003,683

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Current assets:
Cash and cash equivalents	$ 15,324	$ 13,942
Short-term investments	2,402	2,187
Accounts receivable, net	10,561	11,721
Short-term financing receivables, net	3,962	3,919
Inventories, net	2,933	2,678
Other current assets	6,049	5,881
Total current assets	41,231	40,328
Property, plant, and equipment, net	5,303	5,390
Long-term investments	3,943	4,163
Long-term financing receivables, net	3,799	3,724
Goodwill	39,656	39,920
Intangible assets, net	26,737	28,265
Other non-current assets	2,548	2,403
Total assets	123,217	124,193
Current liabilities:
Short-term debt	7,133	7,873
Accounts payable	18,534	18,334
Accrued and other	6,952	8,026
Short-term deferred revenue	11,495	11,606
Total current liabilities	44,114	45,839
Long-term debt	44,770	43,998
Long-term deferred revenue	9,464	9,210
Other non-current liabilities	7,045	7,277
Total liabilities	105,393	106,324
Commitments and contingencies (Note 11)
Redeemable shares	844	384
Stockholders' equity:
Common stock and capital in excess of $.01 par value (Note 16)	19,521	19,889
Treasury stock at cost	(1,477)	(1,440)
Accumulated deficit	(7,438)	(6,860)
Accumulated other comprehensive income (loss)	(121)	130
Total Dell Technologies Inc. stockholders’ equity	10,485	11,719
Non-controlling interests	6,495	5,766
Total stockholders' equity	16,980	17,485
Total liabilities, redeemable shares, and stockholders' equity	$ 123,217	$ 124,193

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Parenthetical) - $ / shares	May 04, 2018	Feb. 02, 2018
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017
Net revenue:
Total net revenue	$ 21,356	$ 18,000
Cost of net revenue:
Total cost of net revenue	15,478	13,543
Gross margin	5,878	4,457
Operating expenses:
Selling, general, and administrative	4,944	4,596
Research and development	1,087	1,133
Total operating expenses	6,031	5,729
Operating loss	(153)	(1,272)
Interest and other, net	(470)	(572)
Loss before income taxes	(623)	(1,844)
Income tax benefit	(85)	(641)
Net income (loss)	(538)	(1,203)
Less: Net income (loss) attributable to non-controlling interests	98	(32)
Net income (loss) attributable to Dell Technologies Inc.	$ (636)	$ (1,171)
Class V Common Stock
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Basic (in dollars per share)	$ 2.36	$ 0.60
Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Diluted (in dollars per share)	2.33	0.59
DHI Group
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Basic (in dollars per share)	(1.95)	(2.29)
Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Diluted (in dollars per share)	$ (1.95)	$ (2.29)
Products
Net revenue:
Total net revenue	$ 16,671	$ 13,634
Cost of net revenue:
Total cost of net revenue	13,606	11,823
Services
Net revenue:
Total net revenue	4,685	4,366
Cost of net revenue:
Total cost of net revenue	$ 1,872	$ 1,720

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017
Statement of Comprehensive Income [Abstract]
Net loss	$ (538)	$ (1,203)
Other comprehensive income (loss), net of tax
Foreign currency translation adjustments	(342)	53
Available-for-sale investments:
Change in unrealized gains (losses)	(7)	28
Reclassification adjustment for net (gains) losses realized in net loss	(1)	1
Net change in market value of investments	(8)	29
Cash flow hedges:
Change in unrealized gains (losses)	121	(16)
Reclassification adjustment for net (gains) losses included in net loss	31	(21)
Net change in cash flow hedges	152	(37)
Total other comprehensive income (loss), net of tax expense (benefit) of $(2) and $15, respectively	(198)	45
Comprehensive loss, net of tax	(736)	(1,158)
Less: Net income (loss) attributable to non-controlling interests	98	(32)
Less: Other comprehensive income (loss) attributable to non-controlling interests	(5)	3
Comprehensive loss attributable to Dell Technologies Inc.	$ (829)	$ (1,129)

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - Parenthetical - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017
Statement of Comprehensive Income [Abstract]
Tax expense (benefit)	$ (2)	$ 15

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017
Cash flows from operating activities:
Net loss	$ (538)	$ (1,203)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	1,914	2,212
Amortization of debt issuance costs	36	46
Stock-based compensation expense	199	201
Deferred income taxes	(363)	(790)
Net gain on sale of businesses	(32)	(33)
Provision for doubtful accounts — including financing receivables	37	34
Other	31	163
Changes in assets and liabilities, net of effects from acquisitions and dispositions:
Accounts receivable	949	522
Financing receivables	(249)	(136)
Inventories	(389)	15
Other assets	(144)	(571)
Accounts payable	270	665
Deferred revenue	287	(127)
Accrued and other liabilities	(849)	(713)
Change in cash from operating activities	1,159	285
Investments:
Purchases	(439)	(559)
Maturities and sales	531	973
Capital expenditures	(273)	(245)
Proceeds from sale of facilities, land, and other assets	10	0
Capitalized software development costs	(89)	(89)
Collections on purchased financing receivables	10	3
Acquisition of businesses, net	0	(12)
Divestitures of businesses, net	142	(20)
Asset acquisitions, net	(38)	0
Asset dispositions, net	(3)	0
Change in cash from investing activities	(149)	51
Cash flows from financing activities:
Share repurchases for tax withholdings of equity awards	(100)	(126)
Proceeds from the issuance of common stock of subsidiaries	642	8
Payments for debt issuance costs	(3)	(5)
Proceeds from debt	1,863	3,421
Repayments of debt	(1,822)	(3,116)
Other	0	1
Change in cash from financing activities	543	(187)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(86)	(6)
Change in cash, cash equivalents, and restricted cash	1,467	143
Cash, cash equivalents, and restricted cash at beginning of period	14,378	9,832
Cash, cash equivalents, and restricted cash at end of the period	15,845	9,975
DHI Group
Cash flows from financing activities:
Repurchases of common stock	(37)	(2)
Class V Common Stock
Cash flows from financing activities:
Repurchases of common stock	$ 0	$ (368)

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) shares in Millions, $ in Millions	Total	Class V Common Stock	Common Stock and Capital in Excess of Par Value DHI Group	Common Stock and Capital in Excess of Par Value Class V Common Stock	Treasury Stock DHI Group	Treasury Stock Class V Common Stock	Accumulated Deficit	Accumulated Other Comprehensive Income/(Loss)	Dell Technologies Stockholders' Equity	Non-Controlling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adjustment for adoption of accounting standard (Note 1)	$ 84						$ 84		$ 84
Balance, beginning of period (in shares) at Feb. 03, 2017			569.0	223.0	0.0	14.0
Balance, beginning of period at Feb. 03, 2017	20,578		$ 10,158	$ 10,041	$ (10)	$ (742)	(4,095)	$ (595)	14,757	$ 5,821
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(1,203)						(1,171)		(1,171)	(32)
Foreign currency translation adjustments	53							53	53
Investments, net change	29							27	27	2
Cash flow hedges, net change	(37)							(38)	(38)	1
Issuance of common stock	(4)		(4)						(4)
Stock-based compensation expense	201		29						29	172
Treasury stock repurchases (in shares)		5.5				6.0
Treasury stock repurchases	(361)	$ (359)			$ (2)	$ (359)			(361)	0
Revaluation of redeemable shares	(70)		(70)						(70)
Impact from equity transactions of non-controlling interests	(122)		(88)						(88)	(34)
Other	(9)		$ (9)						(9)
Balance, end of period (in shares) at May. 05, 2017			569.0	223.0	0.0	20.0
Balance, end of period at May. 05, 2017	19,139		$ 10,016	$ 10,041	$ (12)	$ (1,101)	(5,182)	(553)	13,209	5,930
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adjustment for adoption of accounting standard (Note 1)	(5)						58	(58)		(5)
Balance, beginning of period (in shares) at Feb. 02, 2018			571.0	223.0	1.0	24.0
Balance, beginning of period at Feb. 02, 2018	17,485		$ 9,848	$ 10,041	$ (16)	$ (1,424)	(6,860)	130	11,719	5,766
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(538)						(636)		(636)	98
Foreign currency translation adjustments	(342)							(342)	(342)
Investments, net change	(8)							(5)	(5)	(3)
Cash flow hedges, net change	152							154	154	(2)
Issuance of common stock (in shares)			(1.0)
Issuance of common stock	(3)		$ (3)						(3)
Stock-based compensation expense	199		22						22	177
Treasury stock repurchases (in shares)		0.0
Treasury stock repurchases	(37)	$ 0			$ (37)				(37)
Revaluation of redeemable shares	(460)		(460)						(460)
Impact from equity transactions of non-controlling interests	537		$ 73						73	464
Balance, end of period (in shares) at May. 04, 2018			570.0	223.0	1.0	24.0
Balance, end of period at May. 04, 2018	$ 16,980		$ 9,480	$ 10,041	$ (53)	$ (1,424)	$ (7,438)	$ (121)	$ 10,485	$ 6,495

BASIS OF PRESENTATION

3 Months Ended

May 04, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

BASIS OF PRESENTATION

Basis of Presentation — The accompanying unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements and accompanying Notes filed with the U.S. Securities and Exchange Commission ("SEC") in the Company's Annual Report on Form 10-K for the fiscal year ended February 2, 2018. These Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"). In the opinion of management, the accompanying Condensed Consolidated Financial Statements reflect all adjustments of a normal recurring nature considered necessary to fairly state the financial position of Dell Technologies Inc. as of May 4, 2018 and February 2, 2018, the results of its operations and corresponding comprehensive income (loss) for the three months ended May 4, 2018 and May 5, 2017, and its cash flows for the three months ended May 4, 2018 and May 5, 2017. References in these Notes to the Condensed Consolidated Financial Statements to the "Company" or "Dell Technologies" means Dell Technologies Inc. individually and together with its consolidated subsidiaries.

The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the Condensed Consolidated Financial Statements and the accompanying Notes. Actual results could differ materially from those estimates. The results of operations, comprehensive income (loss), and cash flows for the three months ended May 4, 2018 and May 5, 2017 are not necessarily indicative of the results to be expected for the full fiscal year or for any other fiscal period.

The Company's fiscal year is the 52- or 53-week period ending on the Friday nearest January 31. The fiscal year ended February 2, 2018 ("Fiscal 2018") was a 52-week period, and the fiscal year ending February 1, 2019 ("Fiscal 2019") will be a 52-week period.

Principles of Consolidation — These Condensed Consolidated Financial Statements include the accounts of Dell Technologies and its wholly-owned subsidiaries, as well as the accounts of SecureWorks Corp. (“SecureWorks"), VMware, Inc., and Pivotal Software, Inc. ("Pivotal"), each of which is majority-owned by Dell Technologies. All intercompany transactions have been eliminated.

Unless the context indicates otherwise, references in these Notes to the Condensed Consolidated Financial Statements to "VMware" mean the VMware reportable segment, which reflects the operations of VMware, Inc. (NYSE: VMW) within Dell Technologies. See Exhibit 99.1 filed with the quarterly report on Form 10-Q for the quarterly period ended May 4, 2018 for information on the differences between VMware reportable segment results and VMware, Inc. results.

EMC Merger Transaction — On September 7, 2016, the Company completed its acquisition by merger of EMC Corporation ("EMC"), referred to as the EMC merger transaction. The consolidated results of EMC are included in Dell Technologies' consolidated results presented in these financial statements.

Pivotal Initial Public Offering — On April 24, 2018, Pivotal completed a registered underwritten initial public offering ("IPO") of its Class A common stock. The results of Pivotal's operations are included in other businesses. For more information regarding the Company's ownership of Pivotal, see Note 14 of the Notes to the Condensed Consolidated Financial Statements.

Recently Issued Accounting Pronouncements

Leases — In February 2016, the Financial Accounting Standards Board ("FASB") issued amended guidance on the accounting for leasing transactions. The primary objective of this update is to increase transparency and comparability among organizations by requiring lessees to recognize a lease liability for the obligation to make lease payments and a right-of-use asset for the right to use the underlying asset for the lease term. The guidance also makes some changes to lessor accounting and requires additional disclosures about all leasing arrangements. The Company will adopt this standard for the fiscal year beginning February 2, 2019, using a modified retrospective approach. The Company is currently evaluating the impact that the standard will have on the Consolidated Financial Statements. In the area of lessee accounting, the Company anticipates that the most significant change will be recognition of right-of-use assets and lease liabilities on the Consolidated Statements of Financial Position. In the area of lessor accounting, the Company anticipates that the most significant change will be an increase in originations of operating leases due to elimination of the third-party residual value guarantee insurance in the sales-type lease test.

Measurement of Credit Losses on Financial Instruments — In June 2016, the FASB issued amended guidance which replaces the current incurred loss impairment methodology for measurement of credit losses on financial instruments with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. Public entities must adopt the new guidance for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years, with early adoption permitted for fiscal periods beginning after December 15, 2018. The Company is currently evaluating the impact that the standard will have on the Consolidated Financial Statements.

Simplifying the Test for Goodwill Impairment — In January 2017, the FASB issued amended guidance to simplify the subsequent measurement of goodwill by removing Step 2 of the goodwill impairment test. Instead, under the amendments in the new guidance, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. The entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value. Public entities must adopt the new guidance in fiscal years beginning after December 15, 2019, with early adoption permitted. The Company is currently evaluating the impact of the new guidance, but does not expect that the standard will have an impact on its Consolidated Financial Statements.

Recently Adopted Accounting Pronouncements

Revenue from Contracts with Customers — In May 2014, the FASB issued amended guidance on the recognition of revenue from contracts with customers. The objective of the new standard is to establish a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and will supersede substantially all of the existing revenue recognition guidance, including industry-specific guidance. The new standard requires entities to recognize revenue when it transfers 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. Further, the new standard requires additional disclosures to help enable users of the financial statements to better understand the nature, amount, timing, risks, and judgments related to revenue recognition and related cash flows from contracts with customers. Concurrently, the FASB issued guidance on the accounting for costs to fulfill or obtain a customer contract. The Company adopted this standard during the three months ended May 4, 2018 using the full retrospective method, which requires the Company to recast each prior period presented consistent with the new guidance. See tables provided below which present the impact of the new accounting standards to the Company's previously reported financial results. See also Note 2 of the Notes to the Condensed Consolidated Financial Statements for a summary of significant policies related to the new accounting standards.

Recognition and Measurement of Financial Assets and Financial Liabilities — In January 2016, the FASB issued amended guidance that generally requires changes in the fair value of equity investments, other than those accounted for under the equity method, to be recognized through net income, rather than other comprehensive income. For equity investments without readily determinable fair values, the Company is no longer permitted to use the cost method of accounting. The Company has elected to apply the measurement alternative for those investments. Under the alternative, the Company measures investments without readily determinable fair values at cost, less impairment, adjusted by observable price changes on a prospective basis. The Company must make a separate election to use the alternative for each eligible investment, and is required to reassess at each reporting period whether an investment qualifies for the alternative. The Company adopted this standard during the three months ended May 4, 2018. Adoption of the standard was applied through a cumulative one-time adjustment to accumulated deficit of $56 million for the accumulated unrealized gain previously recorded in other comprehensive income. The impact of the standard on the Condensed Consolidated Statements of Income (Loss) during the three months ended May 4, 2018 was a gain of approximately $100 million, recognized in interest and other, net, and the impact in future periods will depend on the relative changes in market price of the equity investments.

Classification of Certain Cash Receipts and Cash Payments — In August 2016, the FASB issued amended guidance on the presentation and classification of eight specific cash flow issues with the objective of reducing existing diversity in practice. Companies should reflect any adjustments on a retrospective basis, if practicable; otherwise, adoption is required to be applied as of the earliest date practicable. The Company adopted this standard during the three months ended May 4, 2018. Prior period amounts on the Condensed Consolidated Statements of Cash Flows have been recast to conform with current period presentation as shown in the reconciliation provided below.

Intra-Entity Transfers of Assets Other Than Inventory — In October 2016, the FASB issued amended guidance on the accounting for income taxes. The new guidance requires companies to recognize the income tax effects of intra-entity asset transfers, other than transfers of inventory, when the transfer occurs instead of when the asset is sold to a third party. The new guidance was applied on a modified-retrospective basis with the cumulative-effect adjustment to accumulated deficit as of the beginning of the period of adoption. The Company early adopted this guidance during the three months ended May 5, 2017. At adoption, approximately $84 million was reclassified from other non-current liabilities to accumulated deficit, resulting in a net credit to accumulated deficit.

Statement of Cash Flows, Restricted Cash — In November 2016, the FASB issued amended guidance requiring entities to include restricted cash and restricted cash equivalents in cash balances on the cash flow statement, and also to provide a supplemental reconciliation of cash, cash equivalents and restricted cash. Public entities must adopt the new guidance for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017, with early adoption permitted. The Company adopted this standard during the three months ended May 4, 2018. See Note 19 of the Notes to the Condensed Consolidated Financial Statements for supplemental cash flow information. Prior period amounts on the Condensed Consolidated Statements of Cash Flows have been recast to conform with current period presentation as shown in the reconciliation provided below.

Clarifying the Definition of a Business — In January 2017, the FASB issued amended guidance to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Public entities must adopt the new guidance for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The new guidance did not have a material impact on the Company's conclusions regarding transactions that were assessed in the current period.

Derivatives and Hedging — In August 2017, the FASB issued amended guidance that will make more financial and non-financial hedging strategies eligible for hedge accounting. The amended guidance changes how companies assess effectiveness, and also amends the presentation and disclosure requirements. The guidance is intended to simplify the application of hedge accounting and increase transparency as to the scope and results of hedging programs. Immediate early adoption is permitted in any interim or annual period. The Company elected to early adopt this standard during the three months ended May 4, 2018. The impact of the adoption of the standard was immaterial to the Condensed Consolidated Financial Statements.

Income Statement - Reporting Comprehensive Income — In February 2018, the FASB issued guidance that will permit entities to reclassify the tax effects stranded in accumulated other comprehensive income to accumulated deficit as a result of U.S. Tax Reform, discussed in Note 12 of the Notes to the Condensed Consolidated Financial Statements. The guidance gives entities the option to reclassify these amounts, but requires new disclosures regardless of whether they elect to do so. The guidance is effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted. The Company elected to early adopt this standard during the three months ended May 4, 2018, and recorded the impact of the adoption as a cumulative adjustment to accumulated deficit. The impact of the adoption was immaterial to the Condensed Consolidated Financial Statements.

Impacts to Previously Reported Periods

The following tables present the impact of the new accounting standards to the Company's previously reported financial results.

Selected Captions from the Condensed Consolidated Statement of Financial Position



	February 2, 2018
	As Reported			Revenue from Contracts with Customers			As Recast
	(in millions)
Assets
Accounts receivable, net	$	11,177		$	544		$	11,721
Other current assets	$	5,054		$	827		$	5,881
Other non-current assets	$	1,862		$	541		$	2,403
Liabilities and Stockholders' Equity
Accrued and other	$	7,661		$	365		$	8,026
Short-term deferred revenue	$	12,024		$	(418	)	$	11,606
Long-term deferred revenue	$	10,223		$	(1,013	)	$	9,210
Other non-current liabilities	$	6,797		$	480		$	7,277
Accumulated deficit	$	(9,253	)	$	2,393		$	(6,860	)
Non-controlling interests	$	5,661		$	105		$	5,766

The above impacts are summarized as follows:

Accounts receivable, net. The adoption of the new revenue standard resulted in an increase to accounts receivable, net primarily due to the following two factors:

•

First, the return rights provision, which represents an estimate of expected customer returns, which was previously presented as a reduction of accounts receivable, net, is now being presented outside of accounts receivable, net in two separate balance sheet line items. A liability is recorded in accrued and other for the estimated value of the sales amounts to be returned to the customer, and an asset is recorded in other current assets representing the cost of the inventory estimated to be returned.

•

Second, the standard provides new guidance regarding transfer of control of goods to the customer. Under these new guidelines, the Company has determined that for certain hardware contracts in the United States, transfer of control and recognition of revenue can occur earlier. This resulted in an increase in accounts receivable, net and a decrease in the in-transit deferral recorded in other current assets.

Other assets. The adoption of the new revenue standard resulted in an increase in other assets due to capitalization of the costs to obtain a contract, as well as the accounts receivable, net of impacts discussed above.

Deferred revenue. The adoption of the new revenue standard resulted in a decline in deferred revenue due to earlier recognition of revenue for software licenses, and less of the aggregate transaction price being allocated to extended warranty. Deferred revenue was also reduced by the impact of variable consideration, i.e., price concessions, rebates, and refunds. The reduction in deferred revenue was partially offset by an increase resulting from the change in presentation of deferred costs on third-party software offerings, which are either sold on a standalone basis or as an attached component of the Company's hardware offering. The Company previously reported deferred costs net of revenue in deferred revenue.

Condensed Consolidated Statement of Income (Loss)



	Three Months Ended
	May 5, 2017
	As Reported			Revenue from Contracts with Customers			As Recast
	(in millions, except per share amounts)
Net revenue:
Products	$	12,968		$	666		$	13,634
Services	4,848			(482		)	4,366
Total net revenue	17,816			184			18,000
Cost of net revenue:
Products	11,459			364			11,823
Services	2,055			(335		)	1,720
Total cost of net revenue	13,514			29			13,543
Gross margin	4,302			155			4,457
Operating expenses:
Selling, general, and administrative	4,669			(73		)	4,596
Research and development	1,133			—			1,133
Total operating expenses	5,802			(73		)	5,729
Operating loss	(1,500		)	228			(1,272		)
Interest and other, net	(573		)	1			(572		)
Income (loss) before income taxes	(2,073		)	229			(1,844		)
Income tax provision (benefit)	(690		)	49			(641		)
Net income (loss)	(1,383		)	180			(1,203		)
Less: Net income (loss) attributable to non-controlling interests	(49		)	17			(32		)
Net income (loss) attributable to Dell Technologies Inc.	$	(1,334	)	$	163		$	(1,171	)

Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Class V Common Stock - basic	$	0.57		0.03			$	0.60
DHI Group - basic	$	(2.57	)	0.28			$	(2.29	)

Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Class V Common Stock - diluted	$	0.56		0.03			$	0.59
DHI Group - diluted	$	(2.57	)	0.28			$	(2.29	)

The above impacts are summarized as follows:

Net revenue. The adoption of the new revenue standard resulted in an increase to net revenue due to earlier revenue recognition than permitted under the previous standard.

Products revenue vs. services revenue. The adoption of the new revenue standard resulted in a change to the classification of products revenue vs. services revenue, due to the following factors:


•	Under the new revenue standard, amounts within a contract are now allocated to the product and services performance obligations based on their respective standalone selling prices, which generally increases product revenue and decreases services revenue.

•

Further, third-party software licenses were previously recognized in services revenue as the Company could not separate the value of the software license from the associated maintenance agreement. Under the new revenue standard, the license value requires separation and will be recognized in product revenue and the value of the software maintenance will continue to be recognized in services revenue.

Operating expenses. The adoption of the new revenue standard resulted in a decrease to operating expenses due to the deferral of commissions.

Selected Captions from the Condensed Consolidated Statement of Cash Flows



	Three Months Ended
	May 5, 2017
	As Reported			Classification of Certain Cash Receipts and Cash Payments			Statement of Cash Flows, Restricted Cash		As Recast
	(in millions)
Change in cash from operating activities	$	240		$	29		$	16	$	285
Change in cash from investing activities	$	51		$	—		$	—	$	51
Change in cash from financing activities	$	(205	)	$	(29	)	$	47	$	(187	)

Change in cash, cash equivalents, and restricted cash	$	80		$	—		$	63	$	143
Cash, cash equivalents, and restricted cash at beginning of the period	9,474			—			358		9,832
Cash, cash equivalents, and restricted cash at end of the period	$	9,554		$	—		$	421	$	9,975

INTERIM UPDATE TO SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

3 Months Ended

May 04, 2018

Accounting Policies [Abstract]

INTERIM UPDATE TO SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

As mentioned previously in Note 1 of the Notes to the Condensed Consolidated Financial Statements, the Company adopted amended guidance on the recognition of revenue from contracts with customers during the three months ended May 4, 2018, using the full retrospective method. The following accounting policies have been updated as part of the adoption of the new standard.

Revenue Recognition — The Company enters into a variety of agreements to provide a wide portfolio of products and services offerings to its customers. These agreements have varying requirements depending on the goods and services being sold, the rights and obligations conveyed, and the legal jurisdiction of the arrangement.

Revenue is recognized either over time or at a point in time, depending on when the underlying goods or services are transferred to the customer, in an amount that reflects the consideration to which the Company expects to be entitled in exchange for delivering those goods or services. The following five steps are applied to recognize revenue:

(1)

Identify the contract with a customer. The term “contract” refers to the enforceable rights and obligations provided in an agreement between the Company and one or more other parties in exchange for payment. The Company evaluates facts and circumstances regarding sales transactions in order to identify contracts with its customers. An agreement must meet all of the following criteria to qualify as a contract eligible for revenue recognition under the model: (i) the contract must be approved by all parties; (ii) each party's rights regarding the goods and services to be transferred to the customer can be identified; (iii) the payment terms for the good and services can be identified; (iv) the customer has the ability and intent to pay and it is probable that the Company will collect substantially all of the consideration to which it will be entitled; and (v) the contract must have commercial substance. Judgment is used in determining the customer's ability and intent to pay, which is based upon factors including the customer's historical payment experience or customer credit and financial information.

(2)

Identify the performance obligations in the contract. Distinct promises within a contract are referred to as "performance obligations" and are accounted for as separate units of account. The Company assesses whether each promised good or service is distinct for the purpose of identifying the performance obligations in the contract. This assessment involves subjective determinations and requires management to make judgments about the individual promised goods or services and whether such goods or services are separable from the other aspects of the contractual relationship. Promised goods and services are considered distinct provided that: (i) the customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer (that is, the good or service is capable of being distinct); and (ii) the Company's promise to transfer the good or service to the customer is separately identifiable from other promises in the contract (that is, the promise to transfer the good or service is distinct within the context of the contract). The Company's performance obligations consist of a variety of products and services offerings which include: computer and enterprise hardware, such as servers, storage, networking products, personal computers, workstations and peripherals; third-party software; proprietary software licenses; support and deployment services, including hardware support that extends beyond the Company's standard warranties, software maintenance, and installation; professional services; training; software as a service ("SaaS"); and infrastructure as a service ("IaaS").

(3)

Determine the transaction price. Transaction price reflects the amount of consideration to which the Company expects to be entitled in exchange for transferring goods or services to the customer. If the consideration promised in a contract includes a variable amount, the Company estimates the amount to which it expects to be entitled using either the expected value or most likely amount method. The Company’s contracts may include terms that could cause variability in the transaction price, including, for example, rebates, sales returns, and volume discounts. In determining the transaction price, any variable consideration would be considered, to the extent applicable, if it is probable that a significant future reversal of cumulative revenue under the contract will not occur when the uncertainty associated with the variable consideration is resolved.

(4)

Allocate the transaction price to performance obligations in the contract. Many of the Company’s contracts include promises to transfer multiple products and services to a customer, and the transaction price must be allocated to each performance obligation in an amount that depicts the consideration to which the Company expects to be entitled in exchange for transferring the promised goods or services. For these contracts with multiple performance obligations, the transaction price is allocated in proportion to the standalone selling price ("SSP") of each performance obligation. If the contract contains a single performance obligation, the entire transaction price is allocated to that performance obligation.

The best evidence of SSP is the observable price of a good or service when the Company sells that good or service separately in similar circumstances to similar customers. If a directly observable price is available, it must be utilized for the SSP. If a directly observable price is not available, the SSP must be estimated. The Company estimates SSP by considering multiple factors including, but not limited to, pricing practices, internal costs, and profit objectives as well as overall market conditions which include geographic or regional specific factors, competitive positioning, and competitor actions. SSP can include fixed and variable components. Variable components are estimated based on the most likely outcome or expected value of the variable components.

(5)

Recognize revenue when (or as) the performance obligation is satisfied. Revenue is recognized when obligations under the terms of the contract with our customer are satisfied. Revenue is recognized either over time or at a point in time, depending on when the underlying products or services are transferred to the customer. Revenue is recorded at a point in time for products upon transfer of control. Revenue is recognized over time for support services, professional services, training, SaaS, and IaaS.

The Company reports revenue net of any revenue-based taxes assessed by governmental authorities that are imposed on and concurrently with specific revenue-producing transactions.

The Company has elected the following practical expedients with the adoption of the new revenue standard:


•	The Company does not account for significant financing components if the period between revenue recognition and when the customer pays for the product or service will be one year or less.


•	The Company recognizes revenue equal to the amount it has a right to invoice when the amount corresponds directly with the value to the customer of the Company's performance to date.


•	The Company does not account for shipping and handling activities as a separate performance obligation, but rather as an activity performed to transfer the promised good.

The following summarizes the nature of revenue recognized and the manner in which the Company accounts for sales transactions.

Products

Product revenue consists of hardware and software license sales that are delivered, sold as a subscription or sold on a consumption basis. Hardware includes notebooks and desktop PCs, servers, storage hardware, and other hardware-related devices. Software license sales include non-essential, stand-alone software applications. Software applications provide customers with resource management, backup and archiving, information security, information management and intelligence, data analytics, and server virtualization capabilities.

Revenue from the sale of hardware products is recognized when control has transferred to the customer, which typically occurs when the hardware has been shipped to the customer, risk of loss has transferred to the customer, the Company has a present right to payment, and customer acceptance has been satisfied. Customer acceptance is satisfied if acceptance is obtained from the customer, if all acceptance provisions lapse, or if the Company has evidence that all acceptance provisions will be, or have been, satisfied. Revenue from software license sales is generally recognized when control has transferred to the customer, which is typically upon shipment, electronic delivery, or when the software is available for download by the customer. For certain arrangements, including software subscriptions and certain software license agreements which provide customers control to certain product performance obligations over time, revenue is recognized based on usage or ratably over the term of the arrangement based on the pattern of delivery of the product to the customer.

Invoices for products are generally issued as control transfers, which is typically upon shipment or electronic delivery. There was no significant revenue in any period presented related to performance obligations satisfied or partially satisfied in prior periods.

Services

Services revenue consists of revenue from sales of support services, including hardware support that extends beyond the Company's standard warranties, software maintenance, and installation; professional services; training; SaaS; and IaaS. Revenue associated with undelivered performance obligations is deferred and recorded as control is transferred to the customer over time. Revenue from fixed-price support or maintenance contracts sold for both hardware and software is recognized on a straight-line basis over the period of performance because the Company is required to provide services at any given time. Other services revenue is recognized when the Company performs the services and the customers receive and consume the benefits.

Invoices for services may be issued at the start of a service term, which is typically the case for support and deployment services, or as services are rendered, which is typically the case for professional services, training, SaaS, and IaaS.

Other

Revenue from leasing arrangements is not subject to the new revenue standard from contracts with customers, and remains separately accounted for under existing lease accounting guidance. The Company records revenue from the sale of equipment under sales-type leases as product revenue in an amount equal to the present value of minimum lease payments at the inception of the lease. Sales-type leases also produce financing income, which is included in net products revenue in the Consolidated Statements of Income (Loss) and is recognized at consistent rates of return over the lease term. The Company also offers qualified customers fixed-term loans and revolving credit lines for the purchase of products and services offered by the Company. Financing income attributable to these loans is recognized in product revenue on an accrual basis.

Disaggregation of Revenue — The Company's revenue is presented on a disaggregated basis on the Condensed Consolidated Statements of Income (Loss) and in Note 18 of the Notes to the Condensed Consolidated Financial Statements based on an evaluation of disclosures outside of the financial statements, information regularly reviewed by the chief operating decision maker for evaluating the financial performance of operating segments, and other information that is used to evaluate the Company's financial performance or make resource allocations. This information includes revenue from product and services, revenue from reportable segments, and revenue by major product lines within the segments.

Contract Assets — Contract assets are rights to consideration in exchange for goods or services that the Company has transferred to a customer when such a right is conditional on something other than the passage of time. Such amounts have been insignificant to date.

Contract Liabilities — Contract liabilities primarily consist of deferred revenue. Deferred revenue is recorded when the Company has a right to invoice or payments have been received for undelivered products or services, or in situations where revenue recognition criteria have not been met. Deferred revenue also represents amounts received in advance for extended warranty services and software maintenance. Revenue is recognized on these items when the revenue recognition criteria are met, generally resulting in ratable recognition over the contract term. The Company also has deferred revenue related to undelivered hardware and professional services, consisting of installations and consulting engagements, which are recognized as the Company's performance obligations under the contract are completed. See Note 9 of the Notes to the Condensed Consolidated Financial Statements for additional information about deferred revenue.

Costs to Obtain a Contract — The incremental direct costs of obtaining a contract primarily consist of sales commissions and employer taxes related to commission payments. The Company has elected, as a practical expedient, to expense as incurred costs to obtain a contract equal to or less than one year in duration. For contracts greater than one year in duration, the associated costs to obtain a contract are deferred and amortized over the period of contract performance or a longer period, generally the estimated life of the customer relationship, if renewals are expected and the renewal commission is not commensurate with the initial commission. Deferred costs to obtain a contract are typically amortized over a period of 3 to 7 years, depending on the contract term and expectation of the period of benefit for the costs, which may exceed the contract term. Amortization expense is recognized on a straight-line basis and included in selling, general, and administrative expenses in the Condensed Consolidated Statements of Income (Loss). The Company periodically reviews these deferred costs to determine whether events or changes in circumstances have occurred that could impact the carrying value or period of benefit of the deferred sales commissions. There were no material impairment losses for deferred sales commissions during the three months ended May 4, 2018 and May 5, 2017.

Deferred costs to obtain a contract as of May 4, 2018 and February 2, 2018 were $909 million and $834 million, respectively. Deferred costs to obtain a contract are classified as current assets and other non-current assets on the Condensed Consolidated Statements of Financial Position, based on when the expense is expected to be recognized. Amortization of costs to obtain a contract during the three months ended May 4, 2018 and May 5, 2017 was $108 million and $54 million, respectively.

FAIR VALUE MEASUREMENTS

3 Months Ended

May 04, 2018

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

The following table presents the Company's hierarchy for its assets and liabilities measured at fair value on a recurring basis as of May 4, 2018 and February 2, 2018:



	May 4, 2018 (a)								February 2, 2018
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs				Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	(in millions)
Assets:
Cash and cash equivalents:
Money market funds	$	10,837	$	—	$	—	$	10,837	$	8,641	$	—	$	—	$	8,641
U.S. corporate debt securities	—		28		—		28		—		23		—		23
Foreign corporate debt securities	—		40		—		40		—		65		—		65
Debt securities:
U.S. government and agencies	676		369		—		1,045		682		392		—		1,074
U.S. corporate	—		1,988		—		1,988		—		2,003		—		2,003
Foreign	—		2,442		—		2,442		—		2,547		—		2,547
Equity and other securities	376		10		—		386		236		5		—		241
Derivative instruments	—		142		—		142		—		83		—		83
Total assets	$	11,889	$	5,019	$	—	$	16,908	$	9,559	$	5,118	$	—	$	14,677
Liabilities:
Derivative instruments	$	—	$	59	$	—	$	59	$	—	$	184	$	—	$	184
Total liabilities	$	—	$	59	$	—	$	59	$	—	$	184	$	—	$	184

____________________

(a) The Company did not transfer any securities between levels during the three months ended May 4, 2018.

The following section describes the valuation methodologies the Company uses to measure financial instruments at fair value:

Money Market Funds — The Company's investment in money market funds that are classified as cash equivalents hold underlying investments with a weighted average maturity of 90 days or less and are recognized at fair value. The valuations of these securities are based on quoted prices in active markets for identical assets, when available, or pricing models whereby all significant inputs are observable or can be derived from or corroborated by observable market data. The Company reviews security pricing and assesses liquidity on a quarterly basis. As of May 4, 2018, the Company's U.S. portfolio had no material exposure to money market funds with a fluctuating net asset value.

Equity and Other Securities — The majority of the Company's investments in equity and other securities that are measured at fair value on a recurring basis consist of strategic investments in publicly traded companies. The valuation of these securities is based on quoted prices in active markets.

Debt Securities — The majority of the Company's debt securities consists of various fixed income securities such as U.S. government and agencies, U.S. corporate, and foreign. Valuation is based on pricing models whereby all significant inputs, including benchmark yields, reported trades, broker-dealer quotes, issue spreads, benchmark securities, bids, offers, and other market related data, are observable or can be derived from or corroborated by observable market data for substantially the full term of the asset. Inputs are documented in accordance with the fair value measurements hierarchy. The Company reviews security pricing and assesses liquidity on a quarterly basis. See Note 4 of the Notes to the Condensed Consolidated Financial Statements for additional information about investments.

Derivative Instruments — The Company's derivative financial instruments consist primarily of foreign currency forward and purchased option contracts and interest rate swaps. The fair value of the portfolio is determined using valuation models based on market observable inputs, including interest rate curves, forward and spot prices for currencies, and implied volatilities. Credit risk is also factored into the fair value calculation of the Company's derivative instrument portfolio. See Note 7 of the Notes to the Condensed Consolidated Financial Statements for a description of the Company's derivative financial instrument activities.

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis — Certain assets are measured at fair value on a nonrecurring basis and therefore are not included in the recurring fair value table above. These assets consist primarily of non-financial assets such as goodwill and intangible assets. See Note 8 of the Notes to the Condensed Consolidated Financial Statements for additional information about goodwill and intangible assets.

As of May 4, 2018 and February 2, 2018, the Company held strategic investments of $484 million and $485 million, respectively. As these investments represent early-stage companies without readily determinable fair values, they are not included in the recurring fair value table above.

The Company has elected to apply the measurement alternative for these investments. Under the alternative, the Company measures investments without readily determinable fair values at cost, less impairment, adjusted by observable price changes. The Company must make a separate election to use the alternative for each eligible investment and is required to reassess at each reporting period whether an investment qualifies for the alternative. In evaluating these investments for impairment or observable price changes, the Company uses inputs including pre- and post-money valuations of recent financing events and the impact of those on its fully diluted ownership percentages, as well as other available information regarding the issuer's historical and forecasted performance.

Carrying Value and Estimated Fair Value of Outstanding Debt — The following table summarizes the carrying value and estimated fair value of the Company's outstanding debt as described in Note 6 of the Notes to the Condensed Consolidated Financial Statements, including the current portion, as of the dates indicated:



	May 4, 2018				February 2, 2018
	Carrying Value		Fair Value		Carrying Value		Fair Value
	(in billions)
Senior Secured Credit Facilities	$	10.4	$	10.6	$	10.4	$	10.6
First Lien Notes	$	19.7	$	21.2	$	19.7	$	21.9
Unsecured Notes and Debentures	$	1.8	$	2.0	$	2.3	$	2.5
Senior Notes	$	3.1	$	3.4	$	3.1	$	3.4
EMC Notes	$	5.5	$	5.4	$	5.5	$	5.4
VMware Notes	$	4.0	$	3.8	$	4.0	$	3.9
Margin Loan Facility	$	2.0	$	2.0	$	2.0	$	2.0

The fair values of the outstanding debt shown in the table above, as well as the DFS debt described in Note 5 of the Notes to the Condensed Consolidated Financial Statements, were determined based on observable market prices in a less active market or based on valuation methodologies using observable inputs and were categorized as Level 2 in the fair value hierarchy. The fair value of DFS debt approximates carrying value.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

INVESTMENTS

3 Months Ended

May 04, 2018

Investments, Debt and Equity Securities [Abstract]

INVESTMENTS

The following table summarizes, by major security type, the carrying value and amortized cost of the Company's investments. All debt security investments with remaining effective maturities in excess of one year and substantially all equity and other securities are recorded as long-term investments in the Condensed Consolidated Statements of Financial Position.



	May 4, 2018									February 2, 2018
	Cost		Unrealized Gain		Unrealized (Loss)			Carrying Value		Cost		Unrealized Gain		Unrealized (Loss)			Carrying Value
	(in millions)
Investments:
U.S. government and agencies	$	499	$	—	$	(2	)	$	497	$	485	$	—	$	(2	)	$	483
U.S. corporate debt securities	806		—		(3		)	803		660		—		(2		)	658
Foreign debt securities	1,106		—		(4		)	1,102		1,048		—		(2		)	1,046
Total short-term investments	2,411		—		(9		)	2,402		2,193		—		(6		)	2,187
U.S. government and agencies	559		—		(11		)	548		600		—		(9		)	591
U.S. corporate debt securities	1,208		—		(23		)	1,185		1,361		—		(16		)	1,345
Foreign debt securities	1,364		—		(24		)	1,340		1,518		—		(17		)	1,501
Equity and other securities (a)	685		185		—			870		640		86		—			726
Total long-term investments	3,816		185		(58		)	3,943		4,119		86		(42		)	4,163
Total investments	$	6,227	$	185	$	(67	)	$	6,345	$	6,312	$	86	$	(48	)	$	6,350

____________________

(a)

$484 million and $485 million of equity and other securities as of May 4, 2018 and February 2, 2018, respectively, are strategic investments without readily determinable fair values, which are recorded at cost, less impairment, and adjusted for observable price changes. The remainder are publicly-traded investments that are measured at fair value on a recurring basis. See Note 3 of the Notes to the Condensed Consolidated Financial Statements for additional information on investments measured at fair value.

The Company's investments in debt securities are classified as available-for-sale securities, which are carried at fair value. As of May 4, 2018, the aggregate fair value of investments held in a continuous unrealized loss position for greater than 12 months was $1.7 billion, and the unrealized loss on these investments was $8 million. As of February 2, 2018, the aggregate fair value of investments held in a continuous unrealized loss position for greater than 12 months was $1.9 billion, and the unrealized loss on these investments was $25 million.

The maturities of debt securities held as of May 4, 2018 are as follows:



	Carrying Value		Amortized Cost
	(in millions)
Due within one year	$	2,402	$	2,411
Due after 1 year through 5 years	3,016		3,071
Due after 5 years through 10 years	57		60
Total	$	5,475	$	5,542

FINANCIAL SERVICES

3 Months Ended

May 04, 2018

Receivables [Abstract]

FINANCIAL SERVICES

The Company offers or arranges various financing options and services for its customers in North America, Europe, Australia, and New Zealand through Dell Financial Services and its affiliates ("DFS"). The key activities of DFS include originating, collecting, and servicing customer receivables primarily related to the purchase of Dell Technologies products and services. In some cases, DFS also offers financing on the purchase of third-party technology products that complement the Dell Technologies portfolio of products and services. New financing originations were $1.7 billion and $1.1 billion for the three months ended May 4, 2018 and May 5, 2017, respectively. The increases in new financing originations and financing receivables during the three months ended May 4, 2018 were attributable to growth in the DFS offerings related to customer purchases of products and services since the EMC merger transaction.

Financing Receivables

The Company's financing receivables are aggregated into the following categories:

•

Revolving loans — Revolving loans offered under private label credit financing programs provide qualified customers with a revolving credit line for the purchase of products and services offered by Dell Technologies. These private label credit financing programs are referred to as Dell Preferred Account ("DPA") and Dell Business Credit ("DBC"). The DPA product is primarily offered to individual consumer customers, and the DBC product is primarily offered to small and medium-sized commercial customers. Revolving loans in the United States bear interest at a variable annual percentage rate that is tied to the prime rate. Based on historical payment patterns, revolving loan transactions are typically repaid within twelve months on average.

•

Fixed-term sales-type leases and loans — The Company enters into sales-type lease arrangements with customers who seek lease financing. Leases with business customers have fixed terms of generally two to four years. Future maturities of minimum lease and associated financing payments as of May 4, 2018 were as follows: Fiscal 2019 - $1,779 million; Fiscal 2020 - $1,677 million; Fiscal 2021 - $945 million; Fiscal 2022 - $300 million; Fiscal 2023 and beyond - $81 million. Future maturities and associated financing payments referenced herein represent the aggregate payments under the customer lease contract. The Company also offers fixed-term loans to qualified small businesses, large commercial accounts, governmental organizations, educational entities, and certain individual consumer customers. These loans are repaid in equal payments including interest and have defined terms of generally three to five years.

The following table summarizes the components of the Company's financing receivables segregated by portfolio segment as of May 4, 2018 and February 2, 2018:



	May 4, 2018									February 2, 2018
	Revolving			Fixed-term			Total			Revolving			Fixed-term			Total
	(in millions)
Financing receivables, net:
Customer receivables, gross	$	846		$	6,434		$	7,280		$	900		$	6,282		$	7,182
Allowances for losses	(77		)	(62		)	(139		)	(81		)	(64		)	(145		)
Customer receivables, net	769			6,372			7,141			819			6,218			7,037
Residual interest	—			620			620			—			606			606
Financing receivables, net	$	769		$	6,992		$	7,761		$	819		$	6,824		$	7,643
Short-term	$	769		$	3,193		$	3,962		$	819		$	3,100		$	3,919
Long-term	$	—		$	3,799		$	3,799		$	—		$	3,724		$	3,724

The following tables summarize the changes in the allowance for financing receivable losses for the respective periods:



	Three Months Ended
	May 4, 2018									May 5, 2017
	Revolving			Fixed-term			Total			Revolving			Fixed-term			Total
	(in millions)
Allowance for financing receivable losses:
Balances at beginning of period	$	81		$	64		$	145		$	91		$	52		$	143
Charge-offs, net of recoveries	(20		)	(5		)	(25		)	(22		)	(3		)	(25		)
Provision charged to income statement	16			3			19			16			2			18
Balances at end of period	$	77		$	62		$	139		$	85		$	51		$	136

The following table summarizes the aging of the Company's customer financing receivables, gross, including accrued interest, as of May 4, 2018 and February 2, 2018, segregated by class:



	May 4, 2018								February 2, 2018
	Current		Past Due 1 — 90 Days		Past Due >90 Days		Total		Current		Past Due 1 — 90 Days		Past Due >90 Days		Total
	(in millions)
Revolving — DPA	$	594	$	53	$	20	$	667	$	633	$	59	$	23	$	715
Revolving — DBC	155		20		4		179		162		19		4		185
Fixed-term — Consumer and Commercial	5,653		706		75		6,434		5,414		775		93		6,282
Total customer receivables, gross	$	6,402	$	779	$	99	$	7,280	$	6,209	$	853	$	120	$	7,182

Aging is likely to fluctuate quarter to quarter as a result of the variability in volume of large deals entered into over the period, and the administrative processes that accompany those larger transactions. As such, fluctuations in aging do not necessarily indicate a material change in the credit quality of the portfolio.

Credit Quality

The following table summarizes customer receivables, gross, including accrued interest, by credit quality indicator segregated by class, as of May 4, 2018 and February 2, 2018. The categories shown in the table below segregate customer receivables based on the relative degrees of credit risk. The credit quality indicators for DPA revolving accounts are measured primarily as of each quarter-end date, while all other indicators are generally updated on a periodic basis.

For DPA revolving receivables shown in the table below, the Company makes credit decisions based on proprietary scorecards, which include the customer's credit history, payment history, credit usage, and other credit agency-related elements. The higher quality category includes prime accounts generally of a higher credit quality that are comparable to U.S. customer FICO scores of 720 or above. The mid-category represents the mid-tier accounts that are comparable to U.S. customer FICO scores from 660 to 719. The lower category is generally sub-prime and represents lower credit quality accounts that are comparable to U.S. customer FICO scores below 660. For the DBC revolving receivables and fixed-term commercial receivables shown in the table below, an internal grading system is utilized that assigns a credit level score based on a number of considerations, including liquidity, operating performance, and industry outlook. The grading criteria and classifications for the fixed-term products differ from those for the revolving products as loss experience varies between these product and customer groups. The credit quality categories cannot be compared between the different classes as loss experience varies substantially between the classes.



	May 4, 2018								February 2, 2018
	Higher		Mid		Lower		Total		Higher		Mid		Lower		Total
	(in millions)
Revolving — DPA	$	133	$	200	$	334	$	667	$	131	$	223	$	361	$	715
Revolving — DBC	$	48	$	54	$	77	$	179	$	48	$	58	$	79	$	185
Fixed-term — Consumer and Commercial	$	3,383	$	1,768	$	1,283	$	6,434	$	3,334	$	1,828	$	1,120	$	6,282

DFS Debt

The Company maintains programs which facilitate the funding of financing receivables in the capital markets in North America, Europe, Australia, and New Zealand. The following table summarizes DFS debt as of the periods indicated. The table excludes the allocated portion of the Company's other borrowings, which represents the additional amount considered to fund the DFS business.



	May 4, 2018		February 2, 2018
	(in millions)
DFS U.S. debt
Securitization facilities	$	2,256	$	1,498
Fixed-term securitization offerings	1,666		2,034
Other	150		32
Total DFS U.S. debt	4,072		3,564
DFS international debt
Securitization facility	471		404
Other structured facilities	618		628
Note payable	198		200
Total DFS international debt	1,287		1,232
Total DFS debt	$	5,359	$	4,796
Total short-term DFS debt	$	3,019	$	3,327
Total long-term DFS debt	$	2,340	$	1,469

DFS U.S. Debt

Securitization Facilities — The Company maintains separate securitization facilities in the United States for fixed-term leases and loans and revolving loans. This debt is collateralized solely by the U.S. financing receivables in the facilities. The debt has a variable interest rate and the duration of this debt is based on the terms of the underlying financing receivables. As of May 4, 2018, the total debt capacity related to the U.S. securitization facilities was $3.0 billion. The Company enters into interest swap agreements to effectively convert a portion of its securitization debt from a floating rate to a fixed rate. See Note 7 of the Notes to the Condensed Consolidated Financial Statements for additional information about interest rate swaps.

The Company's U.S. securitization facility for revolving loans was renewed in June 2018 and is now effective through June 1, 2020. The Company's U.S. securitization facilities for fixed-term leases and loans are effective through February 22, 2020.

The securitization facilities contain standard structural features related to the performance of the securitized receivables which include defined credit losses, delinquencies, average credit scores, and minimum collection requirements. In the event one or more of these criteria are not met and the Company is unable to restructure the facility, no further funding of receivables will be permitted and the timing of the Company's expected cash flows from over-collateralization will be delayed. As of May 4, 2018, these criteria were met.

Fixed-Term Securitization Offerings — The Company periodically issues asset-backed debt securities under fixed-term securitization programs to private investors. The asset-backed debt securities are collateralized solely by the U.S. fixed-term financing receivables in the offerings, which are held by SPEs, as discussed below. The interest rate on these securities is fixed and ranges from 0.53% to 3.61%, and the duration of these securities is based on the terms of the underlying financing receivables.

DFS International Debt

Securitization Facility — The Company maintains a securitization facility in Europe for fixed-term leases and loans. This facility is effective through January 13, 2019. As of May 4, 2018, the total debt capacity related to the international securitization facility was $719 million.

The securitization facility contains standard structural features related to the performance of the securitized receivables which include defined credit losses, delinquencies, average credit scores, and minimum collection requirements. In the event one or more of these criteria are not met and the Company is unable to restructure the program, no further funding of receivables will be permitted and the timing of the Company's expected cash flows from over-collateralization will be delayed. As of May 4, 2018, these criteria were met.

Other Structured Facilities — In connection with the Company's international financing operations, the Company has entered into revolving structured financing debt programs related to its fixed-term lease and loan products sold in Canada, Europe, Australia, and New Zealand. The Canadian facility, which is collateralized solely by Canadian financing receivables, had a total debt capacity of $175 million as of May 4, 2018, and is effective through January 16, 2023. The European facility, which is collateralized solely by European financing receivables, had a total debt capacity of $480 million as of May 4, 2018, and is effective through December 14, 2020. The Australia and New Zealand facility, which is collateralized solely by the Australia and New Zealand financing receivables, had a total debt capacity of $90 million as of May 4, 2018, and is effective through January 29, 2020.

Note Payable — On November 27, 2017, the Company entered into an unsecured credit agreement to fund receivables in Mexico. As of May 4, 2018, the aggregate principal amount of the note payable is $198 million. The note bears interest at either the applicable London interbank offered rate ("LIBOR") plus 2.25%, for the borrowings denominated in U.S. dollars, or the Mexican Interbank Equilibrium Interest Rate ("TIIE") plus 2.00%, for the borrowings denominated in Mexican pesos. The note will mature on December 1, 2020. Although the note is unsecured, the Company intends to manage the note in the same manner as its structured financing programs, so that the collections from financing receivables in Mexico will be used to pay down principal and interest of the note.

Variable Interest Entities

In connection with the securitization facilities discussed above, the Company transfers certain U.S. and European customer financing receivables to Special Purpose Entities ("SPEs") that meet the definition of a Variable Interest Entity ("VIE") and are consolidated, along with the associated debt, into the Consolidated Financial Statements, as the Company is the primary beneficiary of those VIEs. The SPEs are bankruptcy-remote legal entities with separate assets and liabilities. The purpose of the SPEs is to facilitate the funding of customer receivables in the capital markets.

The following table shows financing receivables held by the consolidated VIEs as of the respective dates:



	May 4, 2018		February 2, 2018
	(in millions)
Financing receivables held by consolidated VIEs, net:
Short-term, net	$	2,737	$	2,572
Long-term, net	2,275		1,981
Financing receivables held by consolidated VIEs, net	$	5,012	$	4,553

Financing receivables transferred via securitization through SPEs were $1.3 billion and $0.9 billion for the three months ended May 4, 2018 and May 5, 2017, respectively.

Some of the SPEs have entered into financing arrangements with multi-seller conduits that, in turn, issue asset-backed debt securities in the capital markets. The DFS debt outstanding, which is collateralized by the financing receivables held by the consolidated VIEs, was $4.4 billion and $3.9 billion as of May 4, 2018 and February 2, 2018, respectively. The Company's risk of loss related to securitized receivables is limited to the amount by which the Company's right to receive collections for assets securitized exceeds the amount required to pay interest, principal, and fees and expenses related to the asset-backed securities. The Company provides credit enhancement to the securitization in the form of over-collateralization.

Financing Receivable Sales

To manage certain concentrations of customer credit exposure, the Company may sell selected fixed-term financing receivables to unrelated third parties on a periodic basis. The amount of financing receivables sold was $101 million and $55 million for the three months ended May 4, 2018 and May 5, 2017, respectively.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

DEBT

3 Months Ended

May 04, 2018

Debt Disclosure [Abstract]

DEBT

The following table summarizes the Company's outstanding debt as of the dates indicated:



	May 4, 2018		February 2, 2018
	(in millions)
Secured Debt
Senior Secured Credit Facilities:
3.91% Term Loan B Facility due September 2023	$	4,975	$	4,988
3.66% Term Loan A-2 Facility due September 2021	4,339		4,394
3.41% Term Loan A-3 Facility due December 2018	1,213		1,213
First Lien Notes:
3.48% due June 2019	3,750		3,750
4.42% due June 2021	4,500		4,500
5.45% due June 2023	3,750		3,750
6.02% due June 2026	4,500		4,500
8.10% due July 2036	1,500		1,500
8.35% due July 2046	2,000		2,000
Unsecured Debt
Unsecured Notes and Debentures:
5.65% due April 2018	—		500
5.875% due June 2019	600		600
4.625% due April 2021	400		400
7.10% due April 2028	300		300
6.50% due April 2038	388		388
5.40% due September 2040	264		264
Senior Notes:
5.875% due June 2021	1,625		1,625
7.125% due June 2024	1,625		1,625
EMC Notes:
1.875% due June 2018	2,500		2,500
2.650% due June 2020	2,000		2,000
3.375% due June 2023	1,000		1,000
VMware Notes:
2.30% due August 2020	1,250		1,250
2.95% due August 2022	1,500		1,500
3.90% due August 2027	1,250		1,250
DFS Debt (Note 5)	5,359		4,796
Other
4.61% Margin Loan Facility due April 2022	2,000		2,000
Other	99		101
Total debt, principal amount	$	52,687	$	52,694



	May 4, 2018			February 2, 2018
	(in millions)
Total debt, principal amount	$	52,687		$	52,694
Unamortized discount, net of unamortized premium	(256		)	(266		)
Debt issuance costs	(528		)	(557		)
Total debt, carrying value	$	51,903		$	51,871
Total short-term debt, carrying value	$	7,133		$	7,873
Total long-term debt, carrying value	$	44,770		$	43,998

During the three months ended May 4, 2018, the Company repaid $500 million principal amount of its 5.65% unsecured notes due April 2018 and $68 million principal amount of its term loan facilities. Further, the Company issued an additional $611 million, net, in DFS debt to support the expansion of its financing receivables portfolio.

Secured Debt

Senior Secured Credit Facilities — The Company has entered into a credit agreement that provides for senior secured credit facilities (the "Senior Secured Credit Facilities") in the aggregate principal amount of $17.6 billion comprising (a) term loan facilities and (b) a senior secured Revolving Credit Facility, which includes capacity for up to $0.5 billion of letters of credit and for borrowings of up to $0.4 billion under swing-line loans. As of May 4, 2018, available borrowings under the Revolving Credit Facility totaled $3.3 billion. The Senior Secured Credit Facilities provide that the borrowers have the right at any time, subject to customary conditions, to request incremental term loans or incremental revolving commitments.

Borrowings under the Senior Secured Credit Facilities bear interest at a rate per annum equal to an applicable margin, plus, at the borrowers' option, either (a) a base rate, which, under the Term Loan B Facility, is subject to an interest rate floor of 1.75% per annum, and under all other borrowings is subject to an interest rate floor of 0% per annum, or (b) a London interbank offered rate ("LIBOR"), which, under the Term Loan B Facility, is subject to an interest rate floor of 0.75% per annum, and under all other borrowings is subject to an interest rate floor of 0% per annum. Interest is payable, in the case of loans bearing interest based on LIBOR, at the end of each interest period (but at least every three months), in arrears and, in the case of loans bearing interest based on the base rate, quarterly in arrears.

The Term Loan A-2 Facility amortizes in equal quarterly installments in aggregate annual amounts equal to 5% of the original principal amount in the first year after the closing date of the refinancing transaction on October 20, 2017, 10% of the original principal amount in each of the second and third years after October 20, 2017, and 70% of the original principal amount in the fourth year after October 20, 2017. The Term Loan B Facility amortizes in equal quarterly installments in aggregate annual amounts equal to 1% of the original principal amount. The Term Loan A-3 Facility and the Revolving Credit Facility have no amortization. The Term Loan A-3 Facility requires the borrowers to prepay outstanding borrowings under these facilities with 100% of the net cash proceeds of certain non-ordinary course asset sales or dispositions. The borrowers may voluntarily repay outstanding loans under the term loan facilities and the Revolving Credit Facility at any time without premium or penalty, other than customary "breakage" costs.

All obligations of the borrowers under the Senior Secured Credit Facilities and certain swap agreements, cash management arrangements, and certain letters of credit provided by any lender or agent party to the Senior Secured Credit Facilities or any of its affiliates and certain other persons are secured by (a) a first-priority security interest in certain tangible and intangible assets of the borrowers and the guarantors and (b) a first-priority pledge of 100% of the capital stock of the borrowers, Dell Inc., and each wholly-owned material restricted subsidiary of the borrowers and the guarantors, in each case subject to certain thresholds, exceptions, and permitted liens.

First Lien Notes — The senior secured notes (collectively, the "First Lien Notes") were issued on June 1, 2016 in an aggregate principal amount of $20.0 billion. Interest on these borrowings is payable semiannually. The First Lien Notes are secured, on a pari passu basis with the Senior Secured Credit Facilities, on a first-priority basis by substantially all of the tangible and intangible assets of the issuers and guarantors that secure obligations under the Senior Secured Credit Facilities, including pledges of all capital stock of the issuers, of Dell Inc., a wholly‑owned subsidiary of Dell Technologies ("Dell"), and of certain wholly-owned material subsidiaries of the issuers and the guarantors, subject to certain exceptions.

The Company has agreed to use commercially reasonable efforts to register with the SEC notes having terms substantially identical to the terms of the First Lien Notes as part of an offer to exchange such registered notes for the First Lien Notes. The Company will be obligated to pay additional interest on the First Lien Notes if it fails to consummate such an exchange offer within five years after the closing date of the EMC merger transaction.

China Revolving Credit Facility — On October 31, 2017, the Company entered into a credit agreement (the "China Revolving Credit Facility") with a bank lender for a secured revolving loan facility in an aggregate principal amount not to exceed $500 million. Borrowings under the China Revolving Credit Facility bear interest at LIBOR plus 0.6% per annum . The Company may voluntarily repay outstanding loans under the China Revolving Credit Facility at any time without premium or penalty, other than customary "breakage" costs. The facility will expire on October 31, 2018. As of May 4, 2018, there were no outstanding borrowings under the China Revolving Credit Facility.

Unsecured Debt

Unsecured Notes and Debentures — The Company has outstanding unsecured notes and debentures (collectively, the "Unsecured Notes and Debentures") that were issued prior to the acquisition of Dell by Dell Technologies Inc. in the going-private transaction that closed in October 2013. Interest on these borrowings is payable semiannually.

Senior Notes — The senior unsecured notes (collectively, the "Senior Notes") were issued on June 22, 2016 in an aggregate principal amount of $3.25 billion. Interest on these borrowings is payable semiannually.

EMC Notes — On September 7, 2016, EMC had outstanding $2.5 billion aggregate principal amount of its 1.875% Notes due June 2018, $2.0 billion aggregate principal amount of its 2.650% Notes due June 2020, and $1.0 billion aggregate principal amount of its 3.375% Notes due June 2023 (collectively, the "EMC Notes"). Interest on these borrowings is payable semiannually. The EMC Notes remain outstanding following the closing of the EMC merger transaction.

VMware Notes — On August 21, 2017, VMware, Inc. completed a public offering of unsecured senior notes in the aggregate amount of $4.0 billion, consisting of outstanding principal due on the following dates: $1.25 billion due August 21, 2020, $1.50 billion due August 21, 2022, and $1.25 billion due August 21, 2027 (collectively, the "VMware Notes"). The VMware Notes bear interest, payable semiannually, at annual rates of 2.30%, 2.95%, and 3.90%, respectively. None of the net proceeds of such borrowings will be made available to support the operations or satisfy any corporate purposes of Dell Technologies, other than the operations and corporate purposes of VMware, Inc. and VMware, Inc.’s subsidiaries.

VMware Revolving Credit Facility — On September 12, 2017, VMware, Inc. entered into an unsecured credit agreement, establishing a revolving credit facility (the “VMware Revolving Credit Facility”), with a syndicate of lenders that provides the company with a borrowing capacity of up to $1.0 billion which may be used for VMware, Inc. general corporate purposes. Commitments under the VMware Revolving Credit Facility are available for a period of five years, which may be extended, subject to the satisfaction of certain conditions, by up to two one year periods. The credit agreement contains certain representations, warranties, and covenants. Commitment fees, interest rates, and other terms of borrowing under the VMware Revolving Credit Facility may vary based on VMware, Inc.’s external credit ratings. None of the net proceeds of such borrowings will be made available to support the operations or satisfy any corporate purposes of Dell Technologies, other than the operations and corporate purposes of VMware, Inc. and VMware, Inc.’s subsidiaries. As of May 4, 2018, there were no outstanding borrowings under the VMware Revolving Credit Facility.

DFS Debt

See Note 5 and Note 7 of the Notes to the Condensed Consolidated Financial Statements, respectively, for discussion of DFS debt and the interest rate swap agreements that hedge a portion of that debt.

Other

Margin Loan Facility — On April 12, 2017, the Company entered into the Margin Loan Facility in an aggregate principal amount of $2.0 billion. VMW Holdco LLC, a wholly-owned subsidiary of EMC, is the borrower under the Margin Loan Facility, which is secured by 60 million shares of Class B common stock of VMware, Inc. and 20 million shares of Class A common stock of VMware, Inc. Loans under the Margin Loan Facility bear interest at a rate per annum payable, at the borrower's option, either at (a) a base rate plus 1.25% per annum or (b) a LIBOR-based rate plus 2.25% per annum. Interest under the Margin Loan Facility is payable quarterly.

The Margin Loan Facility will mature in April 2022. The borrower may voluntarily repay outstanding loans under the Margin Loan Facility at any time without premium or penalty, other than customary "breakage" costs, subject to certain minimum threshold amounts for prepayment.

Pivotal Revolving Credit Facility — On September 7, 2017, Pivotal entered into a credit agreement (the "Pivotal Revolving Credit Facility") that provides for a senior secured revolving loan facility in an aggregate principal amount not to exceed $100 million. The credit facility contains customary representations, warranties, and covenants, including financial covenants. The credit agreement will expire on September 8, 2020, unless it is terminated earlier. None of the net proceeds of borrowings under the facility will be made available to support the operations or satisfy any corporate purposes of Dell Technologies, other than the operations and corporate purposes of Pivotal and Pivotal's subsidiaries. As of May 4, 2018, there were no outstanding borrowings under the Pivotal Revolving Credit Facility.

Aggregate Future Maturities

As of May 4, 2018, aggregate future maturities of the Company's debt were as follows:



	Maturities by Fiscal Year
	2019 (remaining nine months)			2020			2021			2022			2023			Thereafter			Total
	(in millions)
Senior Secured Credit Facilities and First Lien Notes	$	1,473		$	4,245		$	371		$	7,888		$	63		$	16,487		$	30,527
Unsecured Notes and Debentures	—			600			—			400			—			952			1,952
Senior Notes and EMC Notes	2,500			—			2,000			1,625			—			2,625			8,750
VMware Notes	—			—			1,250			—			1,500			1,250			4,000
DFS Debt	2,565			1,538			1,158			84			13			1			5,359
Margin Loan Facility	—			—			—			—			2,000			—			2,000
Other	11			10			46			—			—			32			99
Total maturities, principal amount	6,549			6,393			4,825			9,997			3,576			21,347			52,687
Associated carrying value adjustments	(8		)	(27		)	(8		)	(178		)	(30		)	(533		)	(784		)
Total maturities, carrying value amount	$	6,541		$	6,366		$	4,817		$	9,819		$	3,546		$	20,814		$	51,903

Covenants and Unrestricted Net Assets — The credit agreement for the Senior Secured Credit Facilities contain customary negative covenants that generally limit the ability of Denali Intermediate Inc., a wholly-owned subsidiary of Dell Technologies ("Dell Intermediate"), Dell, and Dell's and Denali Intermediate's other restricted subsidiaries to incur debt, create liens, make fundamental changes, enter into asset sales, make certain investments, pay dividends or distribute or redeem certain equity interests, prepay or redeem certain debt, and enter into certain transactions with affiliates. The indenture governing the Senior Notes contains customary negative covenants that generally limit the ability of Denali Intermediate, Dell, and Dell's and Denali Intermediate's other restricted subsidiaries to incur additional debt or issue certain preferred shares, pay dividends on or make other distributions in respect of capital stock or make other restricted payments, make certain investments, sell or transfer certain assets, create liens on certain assets to secure debt, consolidate, merge, sell, or otherwise dispose of all or substantially all assets, enter into certain transactions with affiliates, and designate subsidiaries as unrestricted subsidiaries. The negative covenants under such credit agreements and indenture are subject to certain exceptions, qualifications, and "baskets." The indentures governing the First Lien Notes, the Unsecured Notes and Debentures, and the EMC Notes variously impose limitations, subject to specified exceptions, on creating certain liens, entering into sale and lease-back transactions, and entering into certain asset sales. The foregoing credit agreements and indentures contain customary events of default, including failure to make required payments, failure to comply with covenants, and the occurrence of certain events of bankruptcy and insolvency.

As of May 4, 2018, the Company had certain consolidated subsidiaries that were designated as unrestricted subsidiaries for all purposes of the applicable credit agreements and the indentures governing the First Lien Notes and the Senior Notes.

The Term Loan A-2 Facility, the Term Loan A-3 Facility, and the Revolving Credit Facility are subject to a first lien net leverage ratio covenant that is tested at the end of each fiscal quarter of Dell with respect to Dell's preceding four fiscal quarters. The Company was in compliance with all financial covenants as of May 4, 2018.

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

3 Months Ended

May 04, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

Derivative Instruments

As part of its risk management strategy, the Company uses derivative instruments, primarily foreign currency forward and option contracts and interest rate swaps, to hedge certain foreign currency and interest rate exposures, respectively.

The Company's objective is to offset gains and losses resulting from these exposures with gains and losses on the derivative contracts used to hedge the exposures, thereby reducing volatility of earnings and protecting the fair values of assets and liabilities. The earnings effects of the derivative instruments are presented in the same income statement lines items as the earnings effects of the hedged items. For derivatives designated as cash flow hedges, the Company assesses hedge effectiveness both at the onset of the hedge and at regular intervals throughout the life of the derivative. The Company does not have any derivatives designated as fair value hedges.

Foreign Exchange Risk

The Company uses foreign currency forward and option contracts designated as cash flow hedges to protect against the foreign currency exchange rate risks inherent in its forecasted transactions denominated in currencies other than the U.S. dollar. Hedge accounting is applied based upon the criteria established by accounting guidance for derivative instruments and hedging activities. The risk of loss associated with purchased options is limited to premium amounts paid for the option contracts. The risk of loss associated with forward contracts is equal to the exchange rate differential from the time the contract is entered into until the time it is settled. The majority of these contracts typically expire in twelve months or less.

During the three months ended May 4, 2018 and May 5, 2017, the Company did not discontinue any cash flow hedges related to foreign exchange contracts that had a material impact on the Company's results of operations due to the probability that the forecasted cash flows would not occur.

The Company uses forward contracts to hedge monetary assets and liabilities denominated in a foreign currency. These contracts generally expire in three months or less, are considered economic hedges, and are not designated for hedge accounting. The change in the fair value of these instruments represents a natural hedge as their gains and losses offset the changes in the underlying fair value of the monetary assets and liabilities due to movements in currency exchange rates.

In connection with the expanded offerings of DFS in Europe, forward contracts are used to hedge financing receivables denominated in foreign currencies. These contracts are not designated for hedge accounting and most expire within three years or less.

Interest Rate Risk

The Company uses interest rate swaps to hedge the variability in cash flows related to the interest rate payments on structured financing debt. The interest rate swaps economically convert the variable rate on the structured financing debt to a fixed interest rate to match the underlying fixed rate being received on fixed-term customer leases and loans. These contracts are not designated for hedge accounting and most expire within three years or less.

Interest rate swaps are utilized to manage the interest rate risk, at a portfolio level, associated with DFS operations in Europe. The interest rate swaps economically convert the fixed rate on financing receivables to a three-month Euribor floating rate basis in order to match the floating rate nature of the banks' funding pool. These contracts are not designated for hedge accounting and most expire within three years or less.

The Company utilizes cross currency amortizing swaps to hedge the currency and interest rate risk exposure associated with the securitization program that was established in Europe in January 2017. The cross currency swaps combine a Euro-based interest rate swap with a British Pound or U.S. Dollar foreign exchange forward contract in which the Company pays a fixed British Pound or U.S. Dollar amount and receives a floating amount in Euro linked to the one-month Euribor. The notional value of the swaps amortizes in line with the expected cash flows and run-off of the securitized assets. The swaps mature within five years or less and are not designated for hedge accounting.

Notional Amounts of Outstanding Derivative Instruments

The notional amounts of the Company's outstanding derivative instruments were as follows as of the dates indicated:



	May 4, 2018		February 2, 2018
	(in millions)
Foreign exchange contracts:
Designated as cash flow hedging instruments	$	4,913	$	4,392
Non-designated as hedging instruments	5,924		6,223
Total	$	10,837	$	10,615

Interest rate contracts:
Non-designated as hedging instruments	$	2,690	$	1,897

Effect of Derivative Instruments Designated as Hedging Instruments on the Condensed Consolidated Statements of Financial Position and the Condensed Consolidated Statements of Income (Loss)



Derivatives in Cash Flow Hedging Relationships	Gain (Loss) Recognized in Accumulated OCI, Net of Tax, on Derivatives			Location of Gain (Loss) Reclassified from Accumulated OCI into Income	Gain (Loss) Reclassified from Accumulated OCI into Income
	(in millions)				(in millions)
For the three months ended May 4, 2018
				Total net revenue	$	(31	)
Foreign exchange contracts	$	121		Total cost of net revenue	—
Interest rate contracts	—			Interest and other, net	—
Total	$	121			$	(31	)

For the three months ended May 5, 2017
				Total net revenue	$	17
Foreign exchange contracts	$	(16	)	Total cost of net revenue	4
Interest rate contracts	—			Interest and other, net	—
Total	$	(16	)		$	21

Effect of Derivative Instruments Not Designated as Hedging Instruments on the Condensed Consolidated Statement of Income (Loss)



	Gain (Loss) Recognized (a)			Location of Gain (Loss) Recognized
	(in millions)
For the three months ended May 4, 2018
Foreign exchange contracts	$	(43	)	Interest and other, net
Interest rate contracts	2			Interest and other, net
	$	(41	)

____________________

(a) The Company did not record an effect of derivatives not designated as hedging instruments on the Condensed Consolidated Statement of Income (Loss) during the three months ended May 5, 2017.

Fair Value of Derivative Instruments in the Condensed Consolidated Statements of Financial Position

The Company presents its foreign exchange derivative instruments on a net basis in the Condensed Consolidated Statements of Financial Position due to the right of offset by its counterparties under master netting arrangements. The fair value of those derivative instruments presented on a gross basis as of each date indicated below was as follows:



	May 4, 2018
	Other Current Assets			Other Non- Current Assets		Other Current Liabilities			Other Non-Current Liabilities			Total Fair Value
				(in millions)
Derivatives designated as hedging instruments:
Foreign exchange contracts in an asset position	$	114		$	—	$	28		$	—		$	142
Foreign exchange contracts in a liability position	(1		)	—		(7		)	—			(8		)
Net asset (liability)	113			—		21			—			134
Derivatives not designated as hedging instruments:
Foreign exchange contracts in an asset position	153			3		41			—			197
Foreign exchange contracts in a liability position	(138		)	—		(119		)	—			(257		)
Interest rate contracts in an asset position	—			11		—			—			11
Interest rate contracts in a liability position	—			—		—			(2		)	(2		)
Net asset (liability)	15			14		(78		)	(2		)	(51		)
Total derivatives at fair value	$	128		$	14	$	(57	)	$	(2	)	$	83

	February 2, 2018
	Other Current Assets			Other Non- Current Assets		Other Current Liabilities			Other Non-Current Liabilities			Total Fair Value
				(in millions)
Derivatives designated as hedging instruments:
Foreign exchange contracts in an asset position	$	9		$	—	$	11		$	—		$	20
Foreign exchange contracts in a liability position	(7		)	—		(52		)	—			(59		)
Net asset (liability)	2			—		(41		)	—			(39		)
Derivatives not designated as hedging instruments:
Foreign exchange contracts in an asset position	194			3		141			—			338
Foreign exchange contracts in a liability position	(127		)	—		(283		)	—			(410		)
Interest rate contracts in an asset position	—			11		—			—			11
Interest rate contracts in a liability position	—			—		—			(1		)	(1		)
Net asset (liability)	67			14		(142		)	(1		)	(62		)
Total derivatives at fair value	$	69		$	14	$	(183	)	$	(1	)	$	(101	)

The following table presents the gross amounts of the Company's derivative instruments, amounts offset due to master netting agreements with the Company's counterparties, and the net amounts recognized in the Condensed Consolidated Statements of Financial Position.



	May 4, 2018
	Gross Amounts of Recognized Assets/ (Liabilities)			Gross Amounts Offset in the Statement of Financial Position			Net Amounts of Assets/ (Liabilities) Presented in the Statement of Financial Position			Gross Amounts not Offset in the Statement of Financial Position					Net Amount
	Gross Amounts of Recognized Assets/ (Liabilities)			Gross Amounts Offset in the Statement of Financial Position						Financial Instruments		Cash Collateral Received or Pledged			Net Amount
	(in millions)
Derivative instruments:
Financial assets	$	350		$	(208	)	$	142		$	—	$	(1	)	$	141
Financial liabilities	(267		)	208			(59		)	—		—			(59		)
Total derivative instruments	$	83		$	—		$	83		$	—	$	(1	)	$	82

	February 2, 2018
	Gross Amounts of Recognized Assets/ (Liabilities)			Gross Amounts Offset in the Statement of Financial Position			Net Amounts of Assets/ (Liabilities) Presented in the Statement of Financial Position			Gross Amounts not Offset in the Statement of Financial Position					Net Amount
	Gross Amounts of Recognized Assets/ (Liabilities)			Gross Amounts Offset in the Statement of Financial Position						Financial Instruments		Cash Collateral Received or Pledged			Net Amount
	(in millions)
Derivative instruments:
Financial assets	$	369		$	(286	)	$	83		$	—	$	—		$	83
Financial liabilities	(470		)	286			(184		)	—		—			(184		)
Total derivative instruments	$	(101	)	$	—		$	(101	)	$	—	$	—		$	(101	)

GOODWILL AND INTANGIBLE ASSETS

3 Months Ended

May 04, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND INTANGIBLE ASSETS

Goodwill

The following table presents goodwill allocated to the Company's business segments as of May 4, 2018 and February 2, 2018, and changes in the carrying amount of goodwill for the respective periods:



	Infrastructure Solutions Group (a)			Client Solutions Group		VMware			Other Businesses (b)			Total
	(in millions)
Balances as of February 2, 2018	$	15,953		$	4,237	$	15,635		$	4,095		$	39,920
Impact of foreign currency translation	(152		)	—		—			(42		)	(194		)
Goodwill divested	(69		)	—		—			—			(69		)
Other adjustments (c)	(396		)	—		(1		)	396			(1		)
Balances as of May 4, 2018	$	15,336		$	4,237	$	15,634		$	4,449		$	39,656

____________________


(a)	Infrastructure Solutions Group is composed of the Core Storage, Servers, and Networking goodwill reporting unit.


(b)	Other Businesses consists of offerings by RSA Information Security, Pivotal, SecureWorks, Virtustream, Inc. ("Virtustream"), and Boomi, Inc. ("Boomi").


(c)	During the three months ended May 4, 2018, the Company made certain segment reporting changes, which included the movement of the results of Virtustream from the Infrastructure Solutions Group segment to Other businesses. The amount of goodwill attributable to Virtustream was reclassified to Other businesses to align with these reporting changes.

Goodwill and indefinite-lived intangible assets are tested for impairment annually during the third fiscal quarter and whenever events or circumstances may indicate that an impairment has occurred. Based on the results of the annual impairment test, which was a quantitative test for certain goodwill reporting units and a qualitative test for others, no impairment of goodwill or indefinite-lived intangible assets existed for any reporting unit as of November 3, 2017. As a result of this analysis, it was determined that the excess of fair value over carrying amount was greater than 20% for all of the Company's existing goodwill reporting units as of November 3, 2017, with the exception of the Core Storage, Servers, and Networking goodwill reporting unit within the Infrastructure Solutions Group segment, which had an excess of fair value over carrying amount of 18% as of such date. Management will continue to monitor the Core Storage, Servers, and Networking goodwill reporting unit and consider potential impacts to the impairment assessment. Goodwill and indefinite-lived intangible assets were assessed during the three months ended May 4, 2018 to consider the impact of segment reporting changes. No indications of impairment were identified as a result of these changes. The Company did not have any accumulated goodwill impairment charges as of May 4, 2018.

Management exercised significant judgment related to the above assessment, including the identification of goodwill reporting units, assignment of assets and liabilities to goodwill reporting units, assignment of goodwill to reporting units, and determination of the fair value of each goodwill reporting unit. The fair value of each goodwill reporting unit is generally estimated using a combination of public company multiples and discounted cash flow methodologies. This analysis requires significant judgment, including estimation of future cash flows, which is dependent on internal forecasts, the estimation of the long-term growth rate of the Company's business, and the determination of the Company's weighted average cost of capital. Changes in these estimates and assumptions could materially affect the fair value of the goodwill reporting unit, potentially resulting in a non-cash impairment charge.

Intangible Assets

The Company's intangible assets as of May 4, 2018 and February 2, 2018 were as follows:



	May 4, 2018							February 2, 2018
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
	(in millions)
Customer relationships	$	22,727	$	(9,397	)	$	13,330	$	22,764	$	(8,637	)	$	14,127
Developed technology	15,591		(6,881		)	8,710		15,586		(6,196		)	9,390
Trade names	1,276		(455		)	821		1,277		(407		)	870
Leasehold assets (liabilities)	128		(7		)	121		128		(6		)	122
Definite-lived intangible assets	39,722		(16,740		)	22,982		39,755		(15,246		)	24,509
Indefinite-lived trade names	3,755		—			3,755		3,756		—			3,756
Total intangible assets	$	43,477	$	(16,740	)	$	26,737	$	43,511	$	(15,246	)	$	28,265

Amortization expense related to definite-lived intangible assets was approximately $1.5 billion and $1.8 billion for the three months ended May 4, 2018 and May 5, 2017, respectively. The amortization expense for the fiscal year ended February 2, 2018 was primarily related to the intangible assets acquired in the EMC merger transaction. There were no material impairment charges related to intangible assets during the three months ended May 4, 2018 and May 5, 2017.

Estimated future annual pre-tax amortization expense of definite-lived intangible assets as of May 4, 2018 over the next five fiscal years and thereafter is as follows:



Fiscal Years	(in millions)
2019 (remaining nine months)	$	4,554
2020	4,299
2021	3,361
2022	2,643
2023	1,759
Thereafter	6,366
Total	$	22,982

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

DEFERRED REVENUE

3 Months Ended

May 04, 2018

Revenue from Contract with Customer [Abstract]

DEFERRED REVENUE

Deferred Revenue — Deferred revenue is recorded when the Company has a right to invoice or payments have been received for undelivered products or services in contracts where transfer of control has not occurred. Deferred revenue represents amounts received in advance for support and deployment services, software maintenance, professional services, training, and SaaS. Revenue is recognized on these items when the revenue recognition criteria are met, generally resulting in ratable recognition over the contract term. The Company also has deferred revenue related to undelivered hardware and professional services, consisting of installations and consulting engagements, which are recognized as the Company's performance obligations under the contract are completed.

Changes in the Company's deferred revenue are presented in the following table for the period indicated:



	Three Months Ended
	May 4, 2018
	(in millions)
Deferred revenue:
Deferred revenue at beginning of period	$	20,816
Revenue deferrals for new contracts and changes in estimates for pre-existing contracts (a)	5,337
Revenue recognized	(5,194		)
Deferred revenue at end of period	$	20,959
Short-term deferred revenue	$	11,495
Long-term deferred revenue	$	9,464

____________________


(a)	Includes the impact of foreign currency exchange rate fluctuations.

Remaining Performance Obligations — Remaining performance obligations represent the aggregate amount of the transaction price in contracts allocated to performance obligations not delivered, or partially undelivered, as of the end of the reporting period. Remaining performance obligations include deferred revenue plus unbilled amounts not yet recorded in deferred revenue. The aggregate amount of transaction price allocated to remaining performance obligations does not include amounts owed under cancelable contracts where there is no substantive termination penalty.

The Company applied the practical expedient to exclude the value of remaining performance obligations for contracts for which revenue is recognized at the amount to which the Company has the right to invoice for services performed. The Company also applied the practical expedient to not disclose the amount of transaction price allocated to remaining performance obligations for the periods prior to adoption of the new revenue standard.

Remaining performance obligation estimates are subject to change and are affected by several factors, including terminations, changes in the scope of contracts, periodic revalidation, adjustments for revenue that has not materialized, and adjustments for currency.

The value of the transaction price allocated to remaining performance obligations as of May 4, 2018 was approximately $29 billion. The Company expects to recognize approximately 65% of remaining performance obligations as revenue in the next 12 months, and the remainder thereafter.

WARRANTY LIABILITY

3 Months Ended

May 04, 2018

Product Warranties Disclosures [Abstract]

WARRANTY LIABILITY

The Company records a liability for its standard limited warranties at the time of sale for the estimated costs that may be incurred. The liability for standard warranties is included in accrued and other current liabilities and other non-current liabilities in the Condensed Consolidated Statements of Financial Position.

Changes in the Company's liability for standard limited warranties are presented in the following table for the periods indicated.



	Three Months Ended
	May 4, 2018			May 5, 2017
	(in millions)
Warranty liability:
Warranty liability at beginning of period	$	539		$	604
Costs accrued for new warranty contracts and changes in estimates for pre-existing warranties (a) (b)	194			240
Service obligations honored	(206		)	(237		)
Warranty liability at end of period	$	527		$	607
Current portion	$	358		$	420
Non-current portion	$	169		$	187

____________________


(a)	Changes in cost estimates related to pre-existing warranties are aggregated with accruals for new standard warranty contracts. The Company's warranty liability process does not differentiate between estimates made for pre-existing warranties and new warranty obligations.


(b)	Includes the impact of foreign currency exchange rate fluctuations.

COMMITMENTS AND CONTINGENCIES	3 Months Ended
COMMITMENTS AND CONTINGENCIES	May 04, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Legal Matters The Company is involved in various claims, suits, assessments, investigations, and legal proceedings that arise from time to time in the ordinary course of its business, including those identified below, consisting of matters involving consumer, antitrust, tax, intellectual property, and other issues on a global basis. The Company accrues a liability when it believes that it is both probable that a liability has been incurred and that it can reasonably estimate the amount of the loss. The Company reviews these accruals at least quarterly and adjusts them to reflect ongoing negotiations, settlements, rulings, advice of legal counsel, and other relevant information. To the extent new information is obtained and the Company's views on the probable outcomes of claims, suits, assessments, investigations, or legal proceedings change, changes in the Company's accrued liabilities would be recorded in the period in which such a determination is made. For some matters, the amount of liability is not probable or the amount cannot be reasonably estimated and therefore accruals have not been made. The following is a discussion of the Company's significant legal matters and other proceedings: Appraisal Proceedings — On October 29, 2013, Dell Technologies acquired Dell in a transaction referred to as the going-private transaction. Holders of shares of Dell common stock who did not vote on September 12, 2013 in favor of the proposal to adopt the amended going-private transaction agreement and who properly demanded appraisal of their shares and who otherwise comply with the requirements of Section 262 of the Delaware General Corporate Law ("DGCL") are entitled to seek appraisal for, and obtain payment in cash for the judicially determined "fair value" (as defined pursuant to Section 262 of the DGCL) of, their shares in lieu of receiving the going-private transaction consideration. Dell initially recorded a liability of $13.75 for each share with respect to which appraisal has been demanded and as to which the demand has not been withdrawn, together with interest at the statutory rate discussed below. The Court of Chancery ruled that the fair value of the appraisal shares as of October 29, 2013, the date on which the going-private transaction became effective, was $17.62 per share. This ruling would entitle the holders of the remaining 5,505,630 shares subject to the appraisal proceedings to $17.62 per share, plus interest at a statutory rate, compounded quarterly. On November 21, 2016, the Court of Chancery entered final judgment in the appraisal action. On November 22, 2016, Dell filed a notice of appeal to the Delaware Supreme Court, which issued a decision on December 14, 2017. In its decision, the Delaware Supreme Court reversed, in part, and affirmed, in part, the decision of the Delaware Court of Chancery. On January 2, 2018, the Delaware Supreme Court issued its formal mandate remanding the matter to the Court of Chancery for further proceedings consistent with its opinion. In accordance with direction by the Court of Chancery, the parties have submitted proposals to the Court of Chancery outlining the remaining issues to be adjudicated. The liability for the appraisal proceedings was approximately $108 million and $129 million as of May 4, 2018 and February 2, 2018, respectively. The Company believes it was adequately reserved for the appraisal proceedings as of May 4, 2018. On May 8, 2018, the Company entered into an agreement to settle a portion of the liability related to the appraisal proceedings in the amount of approximately $70 million, and on May 18, 2018 this portion of the liability was fully paid. Securities Litigation — On May 22, 2014, a securities class action seeking compensatory damages was filed in the United States District Court for the Southern District of New York, captioned the City of Pontiac Employee Retirement System vs. Dell Inc. et. al. (Case No. 1:14-cv-03644). The action names as defendants Dell Inc. and certain current and former executive officers, and alleges that Dell made false and misleading statements about Dell's business operations and products between February 22, 2012 and May 22, 2012, which resulted in artificially inflated stock prices. The case was transferred to the United States District Court for the Western District of Texas, where the defendants filed a motion to dismiss. On September 16, 2016, the Court denied the motion to dismiss and the case is proceeding with discovery. The defendants believe the claims asserted are without merit and the risk of material loss is remote. Copyright Levies — The Company's obligation to collect and remit copyright levies in certain European Union ("EU") countries may be affected by the resolution of legal proceedings pending in Germany and other EU member states against various companies, including Dell subsidiaries. The plaintiffs in those proceedings generally seek to impose or modify the levies with respect to sales of such equipment as multifunction devices, phones, personal computers, storage devices, and printers, alleging that such products enable the copying of copyrighted materials. Some of the proceedings also challenge whether the levy schemes in those countries comply with EU law. Certain EU member countries that do not yet impose levies on digital devices are expected to implement legislation to enable them to extend existing levy schemes, while some other EU member countries are expected to limit the scope of levy schemes and their applicability in the digital hardware environment. Dell, other companies, and various industry associations have opposed the extension of levies to the digital environment and have advocated alternative models of compensation to rights holders. The Company continues to collect levies in certain EU countries where it has determined that based on local laws it is probable that it has a payment obligation. The amount of levies is generally based on the number of products sold and the per-product amounts of the levies, which vary. The Company accrues a liability when it believes that it is both probable that a loss has been incurred and when it can reasonably estimate the amount of the loss. Other Litigation — The various legal proceedings in which Dell is involved include commercial litigation and a variety of patent suits. In some of these cases, Dell is the sole defendant. More often, particularly in the patent suits, Dell is one of a number of defendants in the electronics and technology industries. Dell is actively defending a number of patent infringement suits, and several pending claims are in various stages of evaluation. While the number of patent cases varies over time, Dell does not currently anticipate that any of these matters will have a material adverse effect on its business, financial condition, results of operations, or cash flows. As of May 4, 2018, the Company does not believe there is a reasonable possibility that a material loss exceeding the amounts already accrued for these or other proceedings or matters has been incurred. However, since the ultimate resolution of any such proceedings and matters is inherently unpredictable, the Company's business, financial condition, results of operations, or cash flows could be materially affected in any particular period by unfavorable outcomes in one or more of these proceedings or matters. Whether the outcome of any claim, suit, assessment, investigation, or legal proceeding, individually or collectively, could have a material adverse effect on the Company's business, financial condition, results of operations, or cash flows will depend on a number of variables, including the nature, timing, and amount of any associated expenses, amounts paid in settlement, damages, or other remedies or consequences. Indemnifications In the ordinary course of business, the Company enters into contractual arrangements under which it may agree to indemnify the third party to such arrangements from any losses incurred relating to the services it performs on behalf of the Company or for losses arising from certain events as defined in the particular contract, such as litigation or claims relating to past performance. Such indemnification obligations may not be subject to maximum loss clauses. Historically, payments related to these indemnifications have not been material to the Company.

INCOME AND OTHER TAXES	3 Months Ended
INCOME AND OTHER TAXES	May 04, 2018
Income Tax Disclosure [Abstract]
INCOME AND OTHER TAXES	INCOME AND OTHER TAXES For the three months ended May 4, 2018 and May 5, 2017, the Company's effective income tax rates were 13.6% and 34.8%, respectively, on pre-tax losses of $0.6 billion and $1.8 billion, respectively. The change in the Company's effective income tax rates was primarily attributable to impacts of U.S. Tax Reform, partially off-set by discrete tax benefits resulting from the impact of adopting the new revenue recognition standard. The Tax Cuts and Jobs Act of 2017 ("U.S. Tax Reform" or the "Act") was signed into law on December 22, 2017. Among other things, U.S. Tax Reform lowers the U.S. corporate income tax rate to 21% from 35%, establishes a modified territorial system requiring a mandatory deemed repatriation tax on undistributed earnings of foreign subsidiaries (the "Transition Tax"), requires a minimum tax on certain future earnings generated by foreign subsidiaries while providing for future tax-free repatriation of earnings through a 100% dividends-received deduction, and places limitations on the deductibility of net interest expense. GAAP requires the effect of a change in tax laws to be recognized in the period that includes the enactment date. Due to the complexities involved in accounting for the enactment of U.S. Tax Reform, the SEC staff issued Staff Accounting Bulletin No. 118 ("SAB 118"), which allows companies to record provisional amounts in earnings for the first year following the Act's enactment, with those provisional amounts required to be finalized by the end of that year. In accordance with GAAP and SAB 118, the Company recognized a provisional tax benefit in the fourth quarter of Fiscal 2018 of $0.3 billion related to U.S. Tax Reform, primarily driven by a $1.3 billion tax benefit related to the remeasurement of deferred tax assets and liabilities, offset by $1.0 billion of current and future income tax expenses related to the Transition Tax. The Company’s provisional estimates are based on its initial analysis using available information and estimates. In accordance with SAB 118, the Company’s provisional benefit will be adjusted once the analysis is complete, but no later than the fourth quarter of Fiscal 2019. The Company is still collecting and processing the necessary data to complete the analysis. As a result, no adjustments have been made to the provisional amount recorded in the fourth quarter of Fiscal 2018. In addition, the Company expects further guidance to be issued by the U.S Treasury Department that may affect the provisional calculation. Revisions to the Company’s provisional estimates may be material to the Company. The differences between the estimated effective income tax rates and the U.S. federal statutory rate of 21% principally result from the Company's geographical distribution of income and differences between the book and tax treatment of certain items. In certain jurisdictions, the Company's tax rate is significantly less than the applicable statutory rate as a result of tax holidays. The majority of the Company's foreign income that is subject to these tax holidays and lower tax rates is attributable to Singapore, China, and Malaysia. A significant portion of these income tax benefits is related to a tax holiday that will expire at the end of Fiscal 2019. The Company is currently seeking new terms for the affected subsidiary beyond Fiscal 2019 and it is uncertain whether any terms will be agreed upon. The Company's other tax holidays will expire in whole or in part during fiscal years 2019 through 2023. Many of these tax holidays and reduced tax rates may be extended when certain conditions are met or may be terminated early if certain conditions are not met. The Company's U.S. federal income tax returns for fiscal years 2007 through 2009 are currently under consideration by the Office of Appeals of the Internal Revenue Service (the "IRS"). The IRS issued a Revenue Agent's Report ("RAR") related to those years during the fiscal year ended February 3, 2017. The IRS has proposed adjustments primarily relating to transfer pricing matters with which the Company disagrees and is contesting through the IRS administrative appeals process. In May 2017, the IRS commenced a federal income tax audit for fiscal years 2010 through 2014, which could take several years to complete. Prior to the EMC merger transaction, EMC received a RAR for its tax years 2009 and 2010. On May 5, 2017, EMC received an RAR for its tax year 2011. The Company also disagrees with certain proposed adjustments in these RARs and is currently contesting the proposed adjustments through the IRS administrative appeals process. The Company is also currently under income tax audits in various state and foreign jurisdictions. The Company is undergoing negotiations, and in some cases contested proceedings, relating to tax matters with the taxing authorities in these jurisdictions. The Company believes that it has provided adequate reserves related to all matters contained in tax periods open to examination. Although the Company believes it has made adequate provisions for the uncertainties surrounding these audits, should the Company experience unfavorable outcomes, such outcomes could have a material impact on its results of operations, financial position, and cash flows. With respect to major U.S. state and foreign taxing jurisdictions, the Company is generally not subject to tax examinations for years prior to fiscal year 2007. Judgment is required in evaluating the Company's uncertain tax positions and determining the Company's provision for income taxes. The unrecognized tax benefits were $3.2 billion as of both May 4, 2018 and February 2, 2018 and are included in other non-current liabilities in the Condensed Consolidated Statements of Financial Position. The Company does not anticipate a significant change to the total amount of unrecognized tax benefits within the next twelve months. The Company takes certain non-income tax positions in the jurisdictions in which it operates and has received certain non-income tax assessments from various jurisdictions. The Company believes that a material loss in these matters is not probable and that it is not reasonably possible that a material loss exceeding amounts already accrued has been incurred. The Company believes its positions in these non-income tax litigation matters are supportable and that it ultimately will prevail in the matters. In the normal course of business, the Company's positions and conclusions related to its non-income taxes could be challenged and assessments may be made. To the extent new information is obtained and the Company's views on its positions, probable outcomes of assessments, or litigation change, changes in estimates to the Company's accrued liabilities would be recorded in the period in which such a determination is made. In the resolution process for income tax and non-income tax audits, in certain situations the Company is required to provide collateral guarantees or indemnification to regulators and tax authorities until the matter is resolved.

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

3 Months Ended

May 04, 2018

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Accumulated other comprehensive income (loss) is presented in stockholders' equity in the Condensed Consolidated Statements of Financial Position and consists of amounts related to foreign currency translation adjustments, unrealized net gains (losses) on investments, unrealized net gains (losses) on cash flow hedges, and actuarial net gains (losses) from pension and other postretirement plans.

The following table presents changes in accumulated other comprehensive income (loss), net of tax, by the following components for the periods indicated:



	Foreign Currency Translation Adjustments			Investments			Cash Flow Hedges			Pension and Other Postretirement Plans		Accumulated Other Comprehensive Income (Loss)
	(in millions)
Balances as of February 2, 2018	$	179		$	22		$	(103	)	$	32	$	130
Adjustment for adoption of accounting standards (Note 1)	—			(61		)	—			3		(58		)
Other comprehensive income (loss) before reclassifications	(342		)	(7		)	121			—		(228		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			(1		)	31			—		30
Total change for the period	(342		)	(69		)	152			3		(256		)
Less: Change in comprehensive loss attributable to non-controlling interests	—			(3		)	(2		)	—		(5		)
Balances as of May 4, 2018	$	(163	)	$	(44	)	$	51		$	35	$	(121	)

Amounts related to investments are reclassified to net income when gains and losses are realized. See Note 3 and Note 4 of the Notes to the Condensed Consolidated Financial Statements for more information on the Company's investments. Amounts related to the Company's cash flow hedges are reclassified to net income during the same period in which the items being hedged are recognized in earnings. See Note 7 of the Notes to the Condensed Consolidated Financial Statements for more information on the Company's derivative instruments.

The following table presents reclassifications out of accumulated other comprehensive income (loss), net of tax, to net income (loss) for the periods presented:



	Three Months Ended
	May 4, 2018								May 5, 2017
	Investments		Cash Flow Hedges			Total			Investments			Cash Flow Hedges		Total
	(in millions)
Total reclassifications, net of tax:
Net revenue	$	—	$	(31	)	$	(31	)	$	—		$	17	$	17
Cost of net revenue	—		—			—			—			4		4
Interest and other, net	1		—			1			(1		)	—		(1		)
Total reclassifications, net of tax	$	1	$	(31	)	$	(30	)	$	(1	)	$	21	$	20

NON-CONTROLLING INTERESTS

3 Months Ended

May 04, 2018

Noncontrolling Interest [Abstract]

NON-CONTROLLING INTERESTS

VMware, Inc. — The non-controlling interests' share of equity in VMware, Inc. is reflected as a component of the non-controlling interests in the accompanying Condensed Consolidated Statements of Financial Position and was $5.5 billion and $5.2 billion as of May 4, 2018 and February 2, 2018, respectively. As of May 4, 2018 and February 2, 2018, the Company held approximately 81.4% and 81.9%, respectively, of the outstanding equity interest in VMware, Inc.

SecureWorks — The non-controlling interests' share of equity in SecureWorks is reflected as a component of the non-controlling interests in the accompanying Condensed Consolidated Statements of Financial Position and was $96 million and $90 million as of May 4, 2018 and February 2, 2018, respectively. As of May 4, 2018 and February 2, 2018, the Company held approximately 86.6% and 87.1%, respectively, of the outstanding equity interest in SecureWorks, excluding restricted stock awards ("RSAs'"). As of May 4, 2018 and February 2, 2018, the Company held approximately 85.7% and 86.3%, respectively, of the outstanding equity interest in SecureWorks, including RSAs.

Pivotal — On April 24, 2018, Pivotal completed a registered underwritten IPO of its Class A common stock. In conjunction with the IPO, all of Pivotal's preferred equity shares were converted into shares of its common stock on a one-to-one basis, such that upon completion of its IPO, Pivotal's outstanding capital stock consisted solely of common stock. The non-controlling interests' share of equity in Pivotal is reflected as a component of the non-controlling interest in the accompanying Condensed Consolidated Statements of Financial Position and was $927 million and $489 million as of May 4, 2018 and February 2, 2018, respectively. The increase in non-controlling interest for Pivotal is primarily due to the IPO completed during the three months ended May 4, 2018. As of May 4, 2018 and February 2, 2018, the Company held approximately 65.1% and 77.1%, respectively, of the outstanding equity interest in Pivotal.

The effect of changes in the Company's ownership interest in VMware, Inc., SecureWorks, and Pivotal on the Company's equity was as follows:



	Three Months Ended
	May 4, 2018
	(in millions)
Net loss attributable to Dell Technologies Inc.	$	(636	)
Transfers (to) from the non-controlling interests:
Increase in Dell Technologies Inc. additional paid-in-capital for equity issuances and other equity activity	449
Decrease in Dell Technologies Inc. additional paid-in-capital for equity issuances and other equity activity	(376		)
Net transfers from non-controlling interests	73
Change from net loss attributable to Dell Technologies Inc. and transfers to/from the non-controlling interests	$	(563	)

EARNINGS (LOSS) PER SHARE

3 Months Ended

May 04, 2018

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

Basic earnings (loss) per share is based on the weighted-average effect of all common shares issued and outstanding and is calculated by dividing net income (loss) by the weighted-average shares outstanding during the period. Diluted earnings (loss) per share is calculated by dividing net income (loss) by the weighted-average number of common shares used in the basic earnings (loss) per share calculation plus the number of common shares that would be issued assuming exercise or conversion of all potentially dilutive instruments. The Company excludes equity instruments from the calculation of diluted earnings (loss) per share if the effect of including such instruments is antidilutive.

The Company has two groups of common stock, denoted as the DHI Group Common Stock and the Class V Common Stock. The DHI Group Common Stock consists of four classes of common stock, referred to as Class A Common Stock, Class B Common Stock, Class C Common Stock, and Class D Common Stock. The DHI Group generally refers to the direct and indirect interest of Dell Technologies in all of Dell Technologies' business, assets, properties, liabilities, and preferred stock other than those attributable to the Class V Group, as well as the DHI Group's retained interest in the Class V Group equal to approximately 39% of the Company's economic interest in the Class V Group as of May 4, 2018. The Class V Common Stock is intended to track the economic performance of approximately 61% of the Company's economic interest in the Class V Group as of such date. The Class V Group consists solely of VMware, Inc. common stock held by the Company. As of May 4, 2018, the Class V Group consisted of approximately 331 million shares of VMware, Inc. common stock. See Note 16 of the Notes to the Condensed Consolidated Financial Statements and Exhibit 99.1 filed with the Company's quarterly report on Form 10-Q for the quarterly period ended May 4, 2018 for more information regarding the allocation of earnings from Dell Technologies' interest in VMware, Inc. between the DHI Group and the Class V Common Stock.

For purposes of calculating earnings (loss) per share, the Company used the two-class method. As all classes of DHI Group Common Stock share the same rights in dividends, basic and diluted earnings (loss) per share are the same for each class of DHI Group Common Stock.

The following table sets forth basic and diluted earnings (loss) per share for each of the periods presented:



	Three Months Ended
	May 4, 2018			May 5, 2017
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Class V Common Stock - basic	$	2.36		$	0.60
DHI Group - basic	$	(1.95	)	$	(2.29	)

Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Class V Common Stock - diluted	$	2.33		$	0.59
DHI Group - diluted	$	(1.95	)	$	(2.29	)

The following table sets forth the computation of basic and diluted earnings (loss) per share for each of the periods presented:



	Three Months Ended
	May 4, 2018			May 5, 2017
	(in millions)
Numerator: Class V Common Stock
Net income attributable to Class V Common Stock - basic	$	470		$	125
Incremental dilution from VMware, Inc. attributable to Class V Common Stock (a)	(7		)	(2		)
Net income attributable to Class V Common Stock - diluted	$	463		$	123

Numerator: DHI Group
Net loss attributable to DHI Group - basic	$	(1,106	)	$	(1,296	)
Incremental dilution from VMware, Inc. attributable to DHI Group (a)	(4		)	(1		)
Net loss attributable to DHI Group - diluted	$	(1,110	)	$	(1,297	)

Denominator: Class V Common Stock weighted-average shares outstanding
Weighted-average shares outstanding - basic	199			207
Dilutive effect of options, restricted stock units, restricted stock, and other (b)	—			—
Weighted-average shares outstanding - diluted	199			207
Weighted-average shares outstanding - antidilutive (b)	—			—

Denominator: DHI Group weighted-average shares outstanding
Weighted-average shares outstanding - basic	568			566
Dilutive effect of options, restricted stock units, restricted stock, and other	—			—
Weighted-average shares outstanding - diluted	568			566
Weighted-average shares outstanding - antidilutive (c)	34			37

____________________

(a)

The incremental dilution from VMware, Inc. represents the impact of VMware, Inc.'s dilutive securities on the diluted earnings (loss) per share of the DHI Group and the Class V Common Stock, respectively, and is calculated by multiplying the difference between VMware, Inc.'s basic and diluted earnings (loss) per share by the number of shares of VMware, Inc. Class A common stock owned by the Company.


(b)	The dilutive effect of Class V Common Stock-based incentive awards was not material to the calculation of the weighted-average Class V Common Stock shares outstanding. The antidilutive effect of these awards was also not material.


(c)	Stock-based incentive awards have been excluded from the calculation of the DHI Group's diluted earnings (loss) per share because their effect would have been antidilutive, as the Company had a net loss from continuing operations attributable to the DHI Group for the periods presented.

The following table presents a reconciliation to the consolidated net income (loss) attributable to Dell Technologies Inc.:



	Three Months Ended
	May 4, 2018			May 5, 2017
	(in millions)
Net income attributable to Class V Common Stock	$	470		$	125
Net loss attributable to DHI Group	(1,106		)	(1,296		)
Net loss attributable to Dell Technologies Inc.	$	(636	)	$	(1,171	)

CAPITALIZATION

3 Months Ended

May 04, 2018

Equity [Abstract]

CAPITALIZATION

The following table summarizes the Company's authorized, issued, and outstanding common stock as of the dates indicated:



	Authorized	Issued	Outstanding
	(in millions of shares)
Common stock as of May 4, 2018
Class A	600	410	410
Class B	200	137	137
Class C	7,900	23	22
Class D	100	—	—
Class V	343	223	199
	9,143	793	768

Common stock as of February 2, 2018
Class A	600	410	410
Class B	200	137	137
Class C	7,900	24	23
Class D	100	—	—
Class V	343	223	199
	9,143	794	769

Preferred Stock — The Company is authorized to issue one million shares of preferred stock, par value $.01 per share. As of May 4, 2018, no shares of preferred stock were issued or outstanding.

Common Stock

DHI Group Common Stock and DHI Group— The Class A Common Stock, the Class B Common Stock, the Class C Common Stock, and the Class D Common Stock are collectively referred to as the DHI Group Common Stock. The par value for all classes of DHI Group Common Stock is $.01 per share. The Class A Common Stock, the Class B Common Stock, the Class C Common Stock, and the Class D Common Stock share equally in dividends declared or accumulated and have equal participation rights in undistributed earnings. The DHI Group generally refers to the direct and indirect interest of Dell Technologies in all of Dell Technologies' business, assets, properties, liabilities, and preferred stock other than those attributable to the Class V Group, as well as the DHI Group's retained interest in the Class V Group.

Class V Common Stock and Class V Group — In connection with the EMC merger transaction, the Company authorized 343 million shares of Class V Common Stock. The Class V Common Stock is a type of common stock commonly referred to as a tracking stock, which is a class of common stock that is intended to track the economic performance of a defined set of assets and liabilities. As of May 4, 2018, the 199 million shares of outstanding Class V Common Stock were intended to track the economic performance of approximately 61% of Dell Technologies' economic interest in the Class V Group. The Class V Group as of such date consisted solely of approximately 331 million shares of VMware, Inc. common stock held by the Company. The remaining 39% economic interest in the Class V Group as of May 4, 2018 was represented by the approximately 127 million retained interest shares held by the DHI Group.

Repurchases of Common Stock; Treasury Stock

Class V Common Stock Repurchases by Dell Technologies Inc.

Since the date of the EMC merger transaction, the Company has authorized several programs to repurchase shares of its Class V Common Stock. Of the $2.1 billion total authorized for repurchases under the programs, $676 million remained available as of May 4, 2018, all of which is attributable to the DHI Group Repurchase Program, which our board of directors suspended on December 13, 2016 until such time as the board of directors authorizes the reinstatement of that program.

During the three months ended May 4, 2018, the Company did not repurchase any Class V Common Stock. During the three months ended May 5, 2017, the Company repurchased 5.5 million shares of Class V Common Stock for an aggregate purchase price of $359 million. The repurchase of these shares was funded by proceeds received by the Class V Group from the sale by a subsidiary of the Company of shares of Class A common stock of VMware, Inc. owned by such subsidiary, as discussed below. Share repurchases made by VMware, Inc. of its Class A Common Stock from a subsidiary of the Company do not affect the determination of the respective interests of the Class V Common Stock and the DHI Group in the Class V Group. See Exhibit 99.1 filed with the quarterly report on Form 10-Q for the three months ended May 4, 2018 for more information regarding Unaudited Attributed Financial Information for the Class V Group.

All shares of Class V Common Stock repurchased by the Company pursuant to the repurchase programs are held as treasury stock at cost.

DHI Group Common Stock Repurchases by Dell Technologies Inc.

During the three months ended May 4, 2018 and May 5, 2017, the Company repurchased an immaterial number of shares of DHI Group Common Stock for approximately $37 million and $2 million, respectively.

All shares of DHI Group Common Stock repurchased by the Company are held as treasury stock at cost.

VMware, Inc. Class A Common Stock Repurchases by VMware, Inc.

Since the date of the EMC merger transaction, VMware, Inc.'s board of directors has authorized the repurchase of a total of $2.2 billion of VMware, Inc.'s Class A common stock, of which $876 million remained available as of May 4, 2018.

During the three months ended May 4, 2018, VMware, Inc. did not repurchase any shares of its Class A common stock. Pursuant to stock repurchase agreements between Dell Technologies Inc. and VMware, Inc., VMware, Inc. repurchased 4.8 million shares of its Class A common stock from the Company for an aggregate purchase price of $425 million during the three months ended May 5, 2017. VMware, Inc. received 4.1 million shares of its Class A common stock during the three months ended May 5, 2017 and the remaining 0.7 million shares thereafter. The proceeds from the sales were used to repurchase shares of the Company's Class V Common Stock, as described above. VMware, Inc. made no repurchases of its Class A common stock in the open market during the three months ended May 5, 2017.

All shares repurchased under VMware, Inc.'s stock repurchase programs are retired.

REDEEMABLE SHARES

3 Months Ended

May 04, 2018

Temporary Equity Disclosure [Abstract]

REDEEMABLE SHARES

Awards under the Company's stock incentive plans include certain rights that allow the holder to exercise a put feature for the underlying Class A or Class C Common Stock after a six month holding period following the issuance of such common stock. The put feature requires the Company to purchase the stock at its fair market value. Accordingly, these awards and common stock are subject to reclassification from equity to temporary equity, and the Company determines the award amounts to be classified as temporary equity as follows:


•	For stock options to purchase Class C Common Stock subject to service requirements, the intrinsic value of the option is multiplied by the portion of the option for which services have been rendered. Upon exercise of the option, the amount in temporary equity represents the fair value of the Class C Common Stock.


•	For stock appreciation rights, restricted stock units ("RSUs"), or RSAs, any of which stock award types are subject to service requirements, the fair value of the share is multiplied by the portion of the shares for which services have been rendered.


•	For share-based arrangements that are subject to the occurrence of a contingent event, those amounts are not reclassified to temporary equity until the contingency has been satisfied. Contingent events include the achievement of performance-based metrics.

The amount of redeemable shares classified as temporary equity as of May 4, 2018 was $844 million, which consisted of 2.3 million issued and outstanding unrestricted common shares, 0.5 million RSUs, 0.1 million RSAs, and 20.6 million outstanding stock options. The amount of redeemable shares classified as temporary equity as of February 2, 2018 was $384 million, which consisted of 2.9 million issued and outstanding unrestricted common shares, 0.4 million RSUs, 0.1 million RSAs, and 15.3 million outstanding stock options. The increase in the value of redeemable shares during the three months ended May 4, 2018 was primarily attributable to an increase in DHI Group Common Stock fair value, as well as the reassessment of vesting of performance-based awards subsequent to this increase.

SEGMENT INFORMATION

3 Months Ended

May 04, 2018

Segment Reporting [Abstract]

SEGMENT INFORMATION

The Company has three reportable segments that are based on the following business units: Infrastructure Solutions Group ("ISG"); Client Solutions Group ("CSG"); and VMware.

ISG includes servers, networking, and storage, as well as services and third-party software and peripherals that are closely tied to the sale of ISG hardware. CSG includes sales to commercial and consumer customers of desktops, thin client products, and notebooks, as well as services and third-party software and peripherals that are closely tied to the sale of CSG hardware. VMware includes a broad portfolio of virtualization technologies across three main product groups: software-defined data center; hybrid cloud computing; and end-user computing.

During the three months ended May 4, 2018, the Company made certain segment reporting changes, which included the movement of Virtustream's results from ISG to other businesses. None of these changes impacted the Company's previously reported consolidated financial results, but the Company's prior period segment results have been recast to reflect this change.

The reportable segments disclosed herein are based on information reviewed by the Company's management to evaluate the business segment results. The Company's measure of segment operating income for management reporting purposes excludes the impact of other businesses, purchase accounting, amortization of intangible assets, unallocated corporate transactions, severance and facility action costs, and transaction-related expenses. The Company does not allocate assets to the above reportable segments for internal reporting purposes.

The following table presents a reconciliation of net revenue by the Company's reportable segments to the Company's consolidated net revenue as well as a reconciliation of consolidated segment operating income to the Company's consolidated operating loss:



	Three Months Ended
	May 4, 2018			May 5, 2017
	(in millions)
Consolidated net revenue:
Infrastructure Solutions Group	$	8,667		$	6,961
Client Solutions Group	10,271			9,048
VMware	2,028			1,818
Reportable segment net revenue	20,966			17,827
Other businesses (a)	579			529
Unallocated transactions (b)	(2		)	(1		)
Impact of purchase accounting (c)	(187		)	(355		)
Total net revenue	$	21,356		$	18,000

Consolidated operating income (loss):
Infrastructure Solutions Group	$	939		$	506
Client Solutions Group	533			325
VMware	613			611
Reportable segment operating income	2,085			1,442
Other businesses (a)	(50		)	(23		)
Unallocated transactions (b)	(9		)	6
Impact of purchase accounting (c)	(222		)	(423		)
Amortization of intangibles	(1,522		)	(1,776		)
Transaction-related expenses (d)	(166		)	(191		)
Other corporate expenses (e)	(269		)	(307		)
Total operating loss	$	(153	)	$	(1,272	)

_________________


(a)	RSA Information Security, Pivotal, SecureWorks, Virtustream, and Boomi constitute "Other businesses" but do not meet the requirements for a reportable segment, either individually or collectively. The results of Other businesses are not material to the Company's overall results.


(b)	Unallocated transactions includes long-term incentives, certain short-term incentive compensation expenses, and other corporate items that are not allocated to Dell Technologies' reportable segments.


(c)	Impact of purchase accounting includes non-cash purchase accounting adjustments that are primarily related to the EMC merger transaction.


(d)	Transaction-related expenses includes acquisition, integration, and divestiture related costs.


(e)	Other corporate expenses includes severance and facility action costs as well as stock-based compensation expense.

The following table presents the disaggregation of net revenue by reportable segment, and by major product categories within the segments:



	Three Months Ended
	May 4, 2018		May 5, 2017
	(in millions)
Net revenue:
Infrastructure Solutions Group:
Servers and networking	$	4,585	$	3,256
Storage	4,082		3,705
Total ISG net revenue	8,667		6,961
Client Solutions Group:
Commercial	7,363		6,342
Consumer	2,908		2,706
Total CSG net revenue	10,271		9,048
VMware:
Total VMware net revenue	2,028		1,818
Total segment net revenue	$	20,966	$	17,827

SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION

3 Months Ended

May 04, 2018

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION

The following table provides additional information on selected accounts included in the Consolidated Statements of Financial Position as of May 4, 2018 and February 2, 2018:



	May 4, 2018		February 2, 2018
	(in millions)
Inventories, net:
Production materials	$	1,136	$	967
Work-in-process	611		514
Finished goods	1,186		1,197
Total inventories, net	$	2,933	$	2,678
Other non-current liabilities:
Warranty liability	$	169	$	172
Deferred and other tax liabilities	6,334		6,590
Other	542		515
Total other non-current liabilities	$	7,045	$	7,277

Supplemental Cash Flow Information

The following table presents cash, cash equivalents, and restricted cash as reported on the Condensed Consolidated Statements of Financial Position as of May 4, 2018 and February 2, 2018:



	May 4, 2018		February 2, 2018
	(in millions)
Cash and cash equivalents	$	15,324	$	13,942
Restricted cash - current assets	509		423
Restricted cash - other non-current assets	12		13
Total cash, cash equivalents, and restricted cash	$	15,845	$	14,378

Restricted cash includes cash required to be held in escrow pursuant to DFS securitization arrangements and VMware, Inc. restricted cash.

SUBSEQUENT EVENTS	3 Months Ended
SUBSEQUENT EVENTS	May 04, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On May 24, 2018, the Company drew down $500 million under the China Revolving Credit Facility. On June 1, 2018, the Company fully repaid the 1.875% EMC Note in the amount of $2.5 billion in accordance with the contractual maturity date. Other than the matters identified above, there were no known events occurring after the balance sheet date and up until the date of the issuance of this report that would materially affect the information presented herein.

BASIS OF PRESENTATION (Policies)

3 Months Ended

May 04, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

Use of Estimates

Fiscal Period

Principles of Consolidation and EMC Merger Transaction

Recently Issued and Adopted Accounting Pronouncements

Recently Issued Accounting Pronouncements

Recently Adopted Accounting Pronouncements

Revenue Recognition

(1)

(2)

(3)

(4)

(5)

The Company reports revenue net of any revenue-based taxes assessed by governmental authorities that are imposed on and concurrently with specific revenue-producing transactions.

The Company has elected the following practical expedients with the adoption of the new revenue standard:


•	The Company does not account for significant financing components if the period between revenue recognition and when the customer pays for the product or service will be one year or less.


•	The Company recognizes revenue equal to the amount it has a right to invoice when the amount corresponds directly with the value to the customer of the Company's performance to date.


•	The Company does not account for shipping and handling activities as a separate performance obligation, but rather as an activity performed to transfer the promised good.

The following summarizes the nature of revenue recognized and the manner in which the Company accounts for sales transactions.

Products

Services

Other

Money Market Funds

Marketable Securities

Derivative Instruments

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis

Warranty Liability

Legal Liability

The Company accrues a liability when it believes that it is both probable that a liability has been incurred and that it can reasonably estimate the amount of the loss. The Company reviews these accruals at least quarterly and adjusts them to reflect ongoing negotiations, settlements, rulings, advice of legal counsel, and other relevant information. To the extent new information is obtained and the Company's views on the probable outcomes of claims, suits, assessments, investigations, or legal proceedings change, changes in the Company's accrued liabilities would be recorded in the period in which such a determination is made. For some matters, the amount of liability is not probable or the amount cannot be reasonably estimated and therefore accruals have not been made.

BASIS OF PRESENTATION (Tables)

3 Months Ended

May 04, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of the Impact of New Accounting Standards on Previously Reported Financial Results

The following tables present the impact of the new accounting standards to the Company's previously reported financial results.

Selected Captions from the Condensed Consolidated Statement of Financial Position



	February 2, 2018
	As Reported			Revenue from Contracts with Customers			As Recast
	(in millions)
Assets
Accounts receivable, net	$	11,177		$	544		$	11,721
Other current assets	$	5,054		$	827		$	5,881
Other non-current assets	$	1,862		$	541		$	2,403
Liabilities and Stockholders' Equity
Accrued and other	$	7,661		$	365		$	8,026
Short-term deferred revenue	$	12,024		$	(418	)	$	11,606
Long-term deferred revenue	$	10,223		$	(1,013	)	$	9,210
Other non-current liabilities	$	6,797		$	480		$	7,277
Accumulated deficit	$	(9,253	)	$	2,393		$	(6,860	)
Non-controlling interests	$	5,661		$	105		$	5,766

The above impacts are summarized as follows:

Accounts receivable, net. The adoption of the new revenue standard resulted in an increase to accounts receivable, net primarily due to the following two factors:

•

Condensed Consolidated Statement of Income (Loss)



	Three Months Ended
	May 5, 2017
	As Reported			Revenue from Contracts with Customers			As Recast
	(in millions, except per share amounts)
Net revenue:
Products	$	12,968		$	666		$	13,634
Services	4,848			(482		)	4,366
Total net revenue	17,816			184			18,000
Cost of net revenue:
Products	11,459			364			11,823
Services	2,055			(335		)	1,720
Total cost of net revenue	13,514			29			13,543
Gross margin	4,302			155			4,457
Operating expenses:
Selling, general, and administrative	4,669			(73		)	4,596
Research and development	1,133			—			1,133
Total operating expenses	5,802			(73		)	5,729
Operating loss	(1,500		)	228			(1,272		)
Interest and other, net	(573		)	1			(572		)
Income (loss) before income taxes	(2,073		)	229			(1,844		)
Income tax provision (benefit)	(690		)	49			(641		)
Net income (loss)	(1,383		)	180			(1,203		)
Less: Net income (loss) attributable to non-controlling interests	(49		)	17			(32		)
Net income (loss) attributable to Dell Technologies Inc.	$	(1,334	)	$	163		$	(1,171	)

Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Class V Common Stock - basic	$	0.57		0.03			$	0.60
DHI Group - basic	$	(2.57	)	0.28			$	(2.29	)

Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Class V Common Stock - diluted	$	0.56		0.03			$	0.59
DHI Group - diluted	$	(2.57	)	0.28			$	(2.29	)

The above impacts are summarized as follows:

Net revenue. The adoption of the new revenue standard resulted in an increase to net revenue due to earlier revenue recognition than permitted under the previous standard.

Products revenue vs. services revenue. The adoption of the new revenue standard resulted in a change to the classification of products revenue vs. services revenue, due to the following factors:


•	Under the new revenue standard, amounts within a contract are now allocated to the product and services performance obligations based on their respective standalone selling prices, which generally increases product revenue and decreases services revenue.

•

Operating expenses. The adoption of the new revenue standard resulted in a decrease to operating expenses due to the deferral of commissions.

Selected Captions from the Condensed Consolidated Statement of Cash Flows



	Three Months Ended
	May 5, 2017
	As Reported			Classification of Certain Cash Receipts and Cash Payments			Statement of Cash Flows, Restricted Cash		As Recast
	(in millions)
Change in cash from operating activities	$	240		$	29		$	16	$	285
Change in cash from investing activities	$	51		$	—		$	—	$	51
Change in cash from financing activities	$	(205	)	$	(29	)	$	47	$	(187	)

Change in cash, cash equivalents, and restricted cash	$	80		$	—		$	63	$	143
Cash, cash equivalents, and restricted cash at beginning of the period	9,474			—			358		9,832
Cash, cash equivalents, and restricted cash at end of the period	$	9,554		$	—		$	421	$	9,975

FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

May 04, 2018

Fair Value Disclosures [Abstract]

Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents the Company's hierarchy for its assets and liabilities measured at fair value on a recurring basis as of May 4, 2018 and February 2, 2018:



	May 4, 2018 (a)								February 2, 2018
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs				Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	(in millions)
Assets:
Cash and cash equivalents:
Money market funds	$	10,837	$	—	$	—	$	10,837	$	8,641	$	—	$	—	$	8,641
U.S. corporate debt securities	—		28		—		28		—		23		—		23
Foreign corporate debt securities	—		40		—		40		—		65		—		65
Debt securities:
U.S. government and agencies	676		369		—		1,045		682		392		—		1,074
U.S. corporate	—		1,988		—		1,988		—		2,003		—		2,003
Foreign	—		2,442		—		2,442		—		2,547		—		2,547
Equity and other securities	376		10		—		386		236		5		—		241
Derivative instruments	—		142		—		142		—		83		—		83
Total assets	$	11,889	$	5,019	$	—	$	16,908	$	9,559	$	5,118	$	—	$	14,677
Liabilities:
Derivative instruments	$	—	$	59	$	—	$	59	$	—	$	184	$	—	$	184
Total liabilities	$	—	$	59	$	—	$	59	$	—	$	184	$	—	$	184

____________________

(a) The Company did not transfer any securities between levels during the three months ended May 4, 2018.

Carrying Value and Estimated Fair Value of Outstanding Debt

The following table summarizes the carrying value and estimated fair value of the Company's outstanding debt as described in Note 6 of the Notes to the Condensed Consolidated Financial Statements, including the current portion, as of the dates indicated:



	May 4, 2018				February 2, 2018
	Carrying Value		Fair Value		Carrying Value		Fair Value
	(in billions)
Senior Secured Credit Facilities	$	10.4	$	10.6	$	10.4	$	10.6
First Lien Notes	$	19.7	$	21.2	$	19.7	$	21.9
Unsecured Notes and Debentures	$	1.8	$	2.0	$	2.3	$	2.5
Senior Notes	$	3.1	$	3.4	$	3.1	$	3.4
EMC Notes	$	5.5	$	5.4	$	5.5	$	5.4
VMware Notes	$	4.0	$	3.8	$	4.0	$	3.9
Margin Loan Facility	$	2.0	$	2.0	$	2.0	$	2.0

INVESTMENTS (Tables)

3 Months Ended

May 04, 2018

Investments, Debt and Equity Securities [Abstract]

Schedule of Investments by Major Security Type, the Carrying Value and Amortized Cost



	May 4, 2018									February 2, 2018
	Cost		Unrealized Gain		Unrealized (Loss)			Carrying Value		Cost		Unrealized Gain		Unrealized (Loss)			Carrying Value
	(in millions)
Investments:
U.S. government and agencies	$	499	$	—	$	(2	)	$	497	$	485	$	—	$	(2	)	$	483
U.S. corporate debt securities	806		—		(3		)	803		660		—		(2		)	658
Foreign debt securities	1,106		—		(4		)	1,102		1,048		—		(2		)	1,046
Total short-term investments	2,411		—		(9		)	2,402		2,193		—		(6		)	2,187
U.S. government and agencies	559		—		(11		)	548		600		—		(9		)	591
U.S. corporate debt securities	1,208		—		(23		)	1,185		1,361		—		(16		)	1,345
Foreign debt securities	1,364		—		(24		)	1,340		1,518		—		(17		)	1,501
Equity and other securities (a)	685		185		—			870		640		86		—			726
Total long-term investments	3,816		185		(58		)	3,943		4,119		86		(42		)	4,163
Total investments	$	6,227	$	185	$	(67	)	$	6,345	$	6,312	$	86	$	(48	)	$	6,350

____________________

(a)

Schedule of Investments Classified by Contractual Maturities of Debt Securities Held

The maturities of debt securities held as of May 4, 2018 are as follows:



	Carrying Value		Amortized Cost
	(in millions)
Due within one year	$	2,402	$	2,411
Due after 1 year through 5 years	3,016		3,071
Due after 5 years through 10 years	57		60
Total	$	5,475	$	5,542

FINANCIAL SERVICES (Tables)

3 Months Ended

May 04, 2018

Receivables [Abstract]

Schedule of Components of the Company's Financing Receivables Segregated by Portfolio Segment

The following table summarizes the components of the Company's financing receivables segregated by portfolio segment as of May 4, 2018 and February 2, 2018:



	May 4, 2018									February 2, 2018
	Revolving			Fixed-term			Total			Revolving			Fixed-term			Total
	(in millions)
Financing receivables, net:
Customer receivables, gross	$	846		$	6,434		$	7,280		$	900		$	6,282		$	7,182
Allowances for losses	(77		)	(62		)	(139		)	(81		)	(64		)	(145		)
Customer receivables, net	769			6,372			7,141			819			6,218			7,037
Residual interest	—			620			620			—			606			606
Financing receivables, net	$	769		$	6,992		$	7,761		$	819		$	6,824		$	7,643
Short-term	$	769		$	3,193		$	3,962		$	819		$	3,100		$	3,919
Long-term	$	—		$	3,799		$	3,799		$	—		$	3,724		$	3,724

Schedule of Changes in the Allowance for Financing Receivable Losses

The following tables summarize the changes in the allowance for financing receivable losses for the respective periods:



	Three Months Ended
	May 4, 2018									May 5, 2017
	Revolving			Fixed-term			Total			Revolving			Fixed-term			Total
	(in millions)
Allowance for financing receivable losses:
Balances at beginning of period	$	81		$	64		$	145		$	91		$	52		$	143
Charge-offs, net of recoveries	(20		)	(5		)	(25		)	(22		)	(3		)	(25		)
Provision charged to income statement	16			3			19			16			2			18
Balances at end of period	$	77		$	62		$	139		$	85		$	51		$	136

Aging Customer Financing Receivables, Gross, Including Accrued Interest

The following table summarizes the aging of the Company's customer financing receivables, gross, including accrued interest, as of May 4, 2018 and February 2, 2018, segregated by class:



	May 4, 2018								February 2, 2018
	Current		Past Due 1 — 90 Days		Past Due >90 Days		Total		Current		Past Due 1 — 90 Days		Past Due >90 Days		Total
	(in millions)
Revolving — DPA	$	594	$	53	$	20	$	667	$	633	$	59	$	23	$	715
Revolving — DBC	155		20		4		179		162		19		4		185
Fixed-term — Consumer and Commercial	5,653		706		75		6,434		5,414		775		93		6,282
Total customer receivables, gross	$	6,402	$	779	$	99	$	7,280	$	6,209	$	853	$	120	$	7,182

Credit Quality Indicators



	May 4, 2018								February 2, 2018
	Higher		Mid		Lower		Total		Higher		Mid		Lower		Total
	(in millions)
Revolving — DPA	$	133	$	200	$	334	$	667	$	131	$	223	$	361	$	715
Revolving — DBC	$	48	$	54	$	77	$	179	$	48	$	58	$	79	$	185
Fixed-term — Consumer and Commercial	$	3,383	$	1,768	$	1,283	$	6,434	$	3,334	$	1,828	$	1,120	$	6,282

Funding of Financing Receivables

The following table summarizes DFS debt as of the periods indicated. The table excludes the allocated portion of the Company's other borrowings, which represents the additional amount considered to fund the DFS business.



	May 4, 2018		February 2, 2018
	(in millions)
DFS U.S. debt
Securitization facilities	$	2,256	$	1,498
Fixed-term securitization offerings	1,666		2,034
Other	150		32
Total DFS U.S. debt	4,072		3,564
DFS international debt
Securitization facility	471		404
Other structured facilities	618		628
Note payable	198		200
Total DFS international debt	1,287		1,232
Total DFS debt	$	5,359	$	4,796
Total short-term DFS debt	$	3,019	$	3,327
Total long-term DFS debt	$	2,340	$	1,469

The following table summarizes the Company's outstanding debt as of the dates indicated:



	May 4, 2018		February 2, 2018
	(in millions)
Secured Debt
Senior Secured Credit Facilities:
3.91% Term Loan B Facility due September 2023	$	4,975	$	4,988
3.66% Term Loan A-2 Facility due September 2021	4,339		4,394
3.41% Term Loan A-3 Facility due December 2018	1,213		1,213
First Lien Notes:
3.48% due June 2019	3,750		3,750
4.42% due June 2021	4,500		4,500
5.45% due June 2023	3,750		3,750
6.02% due June 2026	4,500		4,500
8.10% due July 2036	1,500		1,500
8.35% due July 2046	2,000		2,000
Unsecured Debt
Unsecured Notes and Debentures:
5.65% due April 2018	—		500
5.875% due June 2019	600		600
4.625% due April 2021	400		400
7.10% due April 2028	300		300
6.50% due April 2038	388		388
5.40% due September 2040	264		264
Senior Notes:
5.875% due June 2021	1,625		1,625
7.125% due June 2024	1,625		1,625
EMC Notes:
1.875% due June 2018	2,500		2,500
2.650% due June 2020	2,000		2,000
3.375% due June 2023	1,000		1,000
VMware Notes:
2.30% due August 2020	1,250		1,250
2.95% due August 2022	1,500		1,500
3.90% due August 2027	1,250		1,250
DFS Debt (Note 5)	5,359		4,796
Other
4.61% Margin Loan Facility due April 2022	2,000		2,000
Other	99		101
Total debt, principal amount	$	52,687	$	52,694



	May 4, 2018			February 2, 2018
	(in millions)
Total debt, principal amount	$	52,687		$	52,694
Unamortized discount, net of unamortized premium	(256		)	(266		)
Debt issuance costs	(528		)	(557		)
Total debt, carrying value	$	51,903		$	51,871
Total short-term debt, carrying value	$	7,133		$	7,873
Total long-term debt, carrying value	$	44,770		$	43,998

Schedule of Financing Receivables Held by the Consolidated VIEs

The following table shows financing receivables held by the consolidated VIEs as of the respective dates:



	May 4, 2018		February 2, 2018
	(in millions)
Financing receivables held by consolidated VIEs, net:
Short-term, net	$	2,737	$	2,572
Long-term, net	2,275		1,981
Financing receivables held by consolidated VIEs, net	$	5,012	$	4,553

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

+ References + Details

DEBT (Tables)

3 Months Ended

May 04, 2018

Debt Disclosure [Abstract]

Outstanding debt



	May 4, 2018		February 2, 2018
	(in millions)
DFS U.S. debt
Securitization facilities	$	2,256	$	1,498
Fixed-term securitization offerings	1,666		2,034
Other	150		32
Total DFS U.S. debt	4,072		3,564
DFS international debt
Securitization facility	471		404
Other structured facilities	618		628
Note payable	198		200
Total DFS international debt	1,287		1,232
Total DFS debt	$	5,359	$	4,796
Total short-term DFS debt	$	3,019	$	3,327
Total long-term DFS debt	$	2,340	$	1,469

The following table summarizes the Company's outstanding debt as of the dates indicated:



	May 4, 2018		February 2, 2018
	(in millions)
Secured Debt
Senior Secured Credit Facilities:
3.91% Term Loan B Facility due September 2023	$	4,975	$	4,988
3.66% Term Loan A-2 Facility due September 2021	4,339		4,394
3.41% Term Loan A-3 Facility due December 2018	1,213		1,213
First Lien Notes:
3.48% due June 2019	3,750		3,750
4.42% due June 2021	4,500		4,500
5.45% due June 2023	3,750		3,750
6.02% due June 2026	4,500		4,500
8.10% due July 2036	1,500		1,500
8.35% due July 2046	2,000		2,000
Unsecured Debt
Unsecured Notes and Debentures:
5.65% due April 2018	—		500
5.875% due June 2019	600		600
4.625% due April 2021	400		400
7.10% due April 2028	300		300
6.50% due April 2038	388		388
5.40% due September 2040	264		264
Senior Notes:
5.875% due June 2021	1,625		1,625
7.125% due June 2024	1,625		1,625
EMC Notes:
1.875% due June 2018	2,500		2,500
2.650% due June 2020	2,000		2,000
3.375% due June 2023	1,000		1,000
VMware Notes:
2.30% due August 2020	1,250		1,250
2.95% due August 2022	1,500		1,500
3.90% due August 2027	1,250		1,250
DFS Debt (Note 5)	5,359		4,796
Other
4.61% Margin Loan Facility due April 2022	2,000		2,000
Other	99		101
Total debt, principal amount	$	52,687	$	52,694



	May 4, 2018			February 2, 2018
	(in millions)
Total debt, principal amount	$	52,687		$	52,694
Unamortized discount, net of unamortized premium	(256		)	(266		)
Debt issuance costs	(528		)	(557		)
Total debt, carrying value	$	51,903		$	51,871
Total short-term debt, carrying value	$	7,133		$	7,873
Total long-term debt, carrying value	$	44,770		$	43,998

Aggregate future maturities

As of May 4, 2018, aggregate future maturities of the Company's debt were as follows:



	Maturities by Fiscal Year
	2019 (remaining nine months)			2020			2021			2022			2023			Thereafter			Total
	(in millions)
Senior Secured Credit Facilities and First Lien Notes	$	1,473		$	4,245		$	371		$	7,888		$	63		$	16,487		$	30,527
Unsecured Notes and Debentures	—			600			—			400			—			952			1,952
Senior Notes and EMC Notes	2,500			—			2,000			1,625			—			2,625			8,750
VMware Notes	—			—			1,250			—			1,500			1,250			4,000
DFS Debt	2,565			1,538			1,158			84			13			1			5,359
Margin Loan Facility	—			—			—			—			2,000			—			2,000
Other	11			10			46			—			—			32			99
Total maturities, principal amount	6,549			6,393			4,825			9,997			3,576			21,347			52,687
Associated carrying value adjustments	(8		)	(27		)	(8		)	(178		)	(30		)	(533		)	(784		)
Total maturities, carrying value amount	$	6,541		$	6,366		$	4,817		$	9,819		$	3,546		$	20,814		$	51,903

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

3 Months Ended

May 04, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional Amounts of Outstanding Derivative Instruments

The notional amounts of the Company's outstanding derivative instruments were as follows as of the dates indicated:



	May 4, 2018		February 2, 2018
	(in millions)
Foreign exchange contracts:
Designated as cash flow hedging instruments	$	4,913	$	4,392
Non-designated as hedging instruments	5,924		6,223
Total	$	10,837	$	10,615

Interest rate contracts:
Non-designated as hedging instruments	$	2,690	$	1,897

Effect of Derivative Instruments on the Condensed Consolidated Statements of Financial Position and the Condensed Consolidated Statements of Income (Loss)

Effect of Derivative Instruments Designated as Hedging Instruments on the Condensed Consolidated Statements of Financial Position and the Condensed Consolidated Statements of Income (Loss)



Derivatives in Cash Flow Hedging Relationships	Gain (Loss) Recognized in Accumulated OCI, Net of Tax, on Derivatives			Location of Gain (Loss) Reclassified from Accumulated OCI into Income	Gain (Loss) Reclassified from Accumulated OCI into Income
	(in millions)				(in millions)
For the three months ended May 4, 2018
				Total net revenue	$	(31	)
Foreign exchange contracts	$	121		Total cost of net revenue	—
Interest rate contracts	—			Interest and other, net	—
Total	$	121			$	(31	)

For the three months ended May 5, 2017
				Total net revenue	$	17
Foreign exchange contracts	$	(16	)	Total cost of net revenue	4
Interest rate contracts	—			Interest and other, net	—
Total	$	(16	)		$	21

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

Effect of Derivative Instruments Not Designated as Hedging Instruments on the Condensed Consolidated Statement of Income (Loss)



	Gain (Loss) Recognized (a)			Location of Gain (Loss) Recognized
	(in millions)
For the three months ended May 4, 2018
Foreign exchange contracts	$	(43	)	Interest and other, net
Interest rate contracts	2			Interest and other, net
	$	(41	)

____________________

(a) The Company did not record an effect of derivatives not designated as hedging instruments on the Condensed Consolidated Statement of Income (Loss) during the three months ended May 5, 2017.

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The fair value of those derivative instruments presented on a gross basis as of each date indicated below was as follows:



	May 4, 2018
	Other Current Assets			Other Non- Current Assets		Other Current Liabilities			Other Non-Current Liabilities			Total Fair Value
				(in millions)
Derivatives designated as hedging instruments:
Foreign exchange contracts in an asset position	$	114		$	—	$	28		$	—		$	142
Foreign exchange contracts in a liability position	(1		)	—		(7		)	—			(8		)
Net asset (liability)	113			—		21			—			134
Derivatives not designated as hedging instruments:
Foreign exchange contracts in an asset position	153			3		41			—			197
Foreign exchange contracts in a liability position	(138		)	—		(119		)	—			(257		)
Interest rate contracts in an asset position	—			11		—			—			11
Interest rate contracts in a liability position	—			—		—			(2		)	(2		)
Net asset (liability)	15			14		(78		)	(2		)	(51		)
Total derivatives at fair value	$	128		$	14	$	(57	)	$	(2	)	$	83

	February 2, 2018
	Other Current Assets			Other Non- Current Assets		Other Current Liabilities			Other Non-Current Liabilities			Total Fair Value
				(in millions)
Derivatives designated as hedging instruments:
Foreign exchange contracts in an asset position	$	9		$	—	$	11		$	—		$	20
Foreign exchange contracts in a liability position	(7		)	—		(52		)	—			(59		)
Net asset (liability)	2			—		(41		)	—			(39		)
Derivatives not designated as hedging instruments:
Foreign exchange contracts in an asset position	194			3		141			—			338
Foreign exchange contracts in a liability position	(127		)	—		(283		)	—			(410		)
Interest rate contracts in an asset position	—			11		—			—			11
Interest rate contracts in a liability position	—			—		—			(1		)	(1		)
Net asset (liability)	67			14		(142		)	(1		)	(62		)
Total derivatives at fair value	$	69		$	14	$	(183	)	$	(1	)	$	(101	)

Fair Value of Derivative Instruments in the Condensed Consolidated Statements of Financial Position - Offsetting Assets



	May 4, 2018
	Gross Amounts of Recognized Assets/ (Liabilities)			Gross Amounts Offset in the Statement of Financial Position			Net Amounts of Assets/ (Liabilities) Presented in the Statement of Financial Position			Gross Amounts not Offset in the Statement of Financial Position					Net Amount
	Gross Amounts of Recognized Assets/ (Liabilities)			Gross Amounts Offset in the Statement of Financial Position						Financial Instruments		Cash Collateral Received or Pledged			Net Amount
	(in millions)
Derivative instruments:
Financial assets	$	350		$	(208	)	$	142		$	—	$	(1	)	$	141
Financial liabilities	(267		)	208			(59		)	—		—			(59		)
Total derivative instruments	$	83		$	—		$	83		$	—	$	(1	)	$	82

	February 2, 2018
	Gross Amounts of Recognized Assets/ (Liabilities)			Gross Amounts Offset in the Statement of Financial Position			Net Amounts of Assets/ (Liabilities) Presented in the Statement of Financial Position			Gross Amounts not Offset in the Statement of Financial Position					Net Amount
	Gross Amounts of Recognized Assets/ (Liabilities)			Gross Amounts Offset in the Statement of Financial Position						Financial Instruments		Cash Collateral Received or Pledged			Net Amount
	(in millions)
Derivative instruments:
Financial assets	$	369		$	(286	)	$	83		$	—	$	—		$	83
Financial liabilities	(470		)	286			(184		)	—		—			(184		)
Total derivative instruments	$	(101	)	$	—		$	(101	)	$	—	$	—		$	(101	)

Fair Value of Derivative Instruments in the Condensed Consolidated Statements of Financial Position - Offsetting Liabilities



	May 4, 2018
	Gross Amounts of Recognized Assets/ (Liabilities)			Gross Amounts Offset in the Statement of Financial Position			Net Amounts of Assets/ (Liabilities) Presented in the Statement of Financial Position			Gross Amounts not Offset in the Statement of Financial Position					Net Amount
	Gross Amounts of Recognized Assets/ (Liabilities)			Gross Amounts Offset in the Statement of Financial Position						Financial Instruments		Cash Collateral Received or Pledged			Net Amount
	(in millions)
Derivative instruments:
Financial assets	$	350		$	(208	)	$	142		$	—	$	(1	)	$	141
Financial liabilities	(267		)	208			(59		)	—		—			(59		)
Total derivative instruments	$	83		$	—		$	83		$	—	$	(1	)	$	82

	February 2, 2018
	Gross Amounts of Recognized Assets/ (Liabilities)			Gross Amounts Offset in the Statement of Financial Position			Net Amounts of Assets/ (Liabilities) Presented in the Statement of Financial Position			Gross Amounts not Offset in the Statement of Financial Position					Net Amount
	Gross Amounts of Recognized Assets/ (Liabilities)			Gross Amounts Offset in the Statement of Financial Position						Financial Instruments		Cash Collateral Received or Pledged			Net Amount
	(in millions)
Derivative instruments:
Financial assets	$	369		$	(286	)	$	83		$	—	$	—		$	83
Financial liabilities	(470		)	286			(184		)	—		—			(184		)
Total derivative instruments	$	(101	)	$	—		$	(101	)	$	—	$	—		$	(101	)

GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

May 04, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Roll Forward of Goodwill Allocated to Business Segments

The following table presents goodwill allocated to the Company's business segments as of May 4, 2018 and February 2, 2018, and changes in the carrying amount of goodwill for the respective periods:



	Infrastructure Solutions Group (a)			Client Solutions Group		VMware			Other Businesses (b)			Total
	(in millions)
Balances as of February 2, 2018	$	15,953		$	4,237	$	15,635		$	4,095		$	39,920
Impact of foreign currency translation	(152		)	—		—			(42		)	(194		)
Goodwill divested	(69		)	—		—			—			(69		)
Other adjustments (c)	(396		)	—		(1		)	396			(1		)
Balances as of May 4, 2018	$	15,336		$	4,237	$	15,634		$	4,449		$	39,656

____________________


(a)	Infrastructure Solutions Group is composed of the Core Storage, Servers, and Networking goodwill reporting unit.


(b)	Other Businesses consists of offerings by RSA Information Security, Pivotal, SecureWorks, Virtustream, Inc. ("Virtustream"), and Boomi, Inc. ("Boomi").


(c)	During the three months ended May 4, 2018, the Company made certain segment reporting changes, which included the movement of the results of Virtustream from the Infrastructure Solutions Group segment to Other businesses. The amount of goodwill attributable to Virtustream was reclassified to Other businesses to align with these reporting changes.

Schedule of Definite-lived Intangible Assets

The Company's intangible assets as of May 4, 2018 and February 2, 2018 were as follows:



	May 4, 2018							February 2, 2018
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
	(in millions)
Customer relationships	$	22,727	$	(9,397	)	$	13,330	$	22,764	$	(8,637	)	$	14,127
Developed technology	15,591		(6,881		)	8,710		15,586		(6,196		)	9,390
Trade names	1,276		(455		)	821		1,277		(407		)	870
Leasehold assets (liabilities)	128		(7		)	121		128		(6		)	122
Definite-lived intangible assets	39,722		(16,740		)	22,982		39,755		(15,246		)	24,509
Indefinite-lived trade names	3,755		—			3,755		3,756		—			3,756
Total intangible assets	$	43,477	$	(16,740	)	$	26,737	$	43,511	$	(15,246	)	$	28,265

Schedule of Indefinite-lived Intangible Assets

The Company's intangible assets as of May 4, 2018 and February 2, 2018 were as follows:



	May 4, 2018							February 2, 2018
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
	(in millions)
Customer relationships	$	22,727	$	(9,397	)	$	13,330	$	22,764	$	(8,637	)	$	14,127
Developed technology	15,591		(6,881		)	8,710		15,586		(6,196		)	9,390
Trade names	1,276		(455		)	821		1,277		(407		)	870
Leasehold assets (liabilities)	128		(7		)	121		128		(6		)	122
Definite-lived intangible assets	39,722		(16,740		)	22,982		39,755		(15,246		)	24,509
Indefinite-lived trade names	3,755		—			3,755		3,756		—			3,756
Total intangible assets	$	43,477	$	(16,740	)	$	26,737	$	43,511	$	(15,246	)	$	28,265

Schedule of Estimated Future Annual Pre-Tax Amortization Expense of Definite-Lived Intangible Assets

Estimated future annual pre-tax amortization expense of definite-lived intangible assets as of May 4, 2018 over the next five fiscal years and thereafter is as follows:



Fiscal Years	(in millions)
2019 (remaining nine months)	$	4,554
2020	4,299
2021	3,361
2022	2,643
2023	1,759
Thereafter	6,366
Total	$	22,982

DEFERRED REVENUE (Tables)

3 Months Ended

May 04, 2018

Revenue from Contract with Customer [Abstract]

Changes in deferred revenue

Changes in the Company's deferred revenue are presented in the following table for the period indicated:



	Three Months Ended
	May 4, 2018
	(in millions)
Deferred revenue:
Deferred revenue at beginning of period	$	20,816
Revenue deferrals for new contracts and changes in estimates for pre-existing contracts (a)	5,337
Revenue recognized	(5,194		)
Deferred revenue at end of period	$	20,959
Short-term deferred revenue	$	11,495
Long-term deferred revenue	$	9,464

____________________


(a)	Includes the impact of foreign currency exchange rate fluctuations.

WARRANTY LIABILITY (Tables)

3 Months Ended

May 04, 2018

Product Warranties Disclosures [Abstract]

Changes in the Company's liabilities for standard limited warranties

Changes in the Company's liability for standard limited warranties are presented in the following table for the periods indicated.



	Three Months Ended
	May 4, 2018			May 5, 2017
	(in millions)
Warranty liability:
Warranty liability at beginning of period	$	539		$	604
Costs accrued for new warranty contracts and changes in estimates for pre-existing warranties (a) (b)	194			240
Service obligations honored	(206		)	(237		)
Warranty liability at end of period	$	527		$	607
Current portion	$	358		$	420
Non-current portion	$	169		$	187

____________________


(a)	Changes in cost estimates related to pre-existing warranties are aggregated with accruals for new standard warranty contracts. The Company's warranty liability process does not differentiate between estimates made for pre-existing warranties and new warranty obligations.


(b)	Includes the impact of foreign currency exchange rate fluctuations.

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

3 Months Ended

May 04, 2018

Equity [Abstract]

Components of Accumulated Other Comprehensive Loss, Net of Tax

The following table presents changes in accumulated other comprehensive income (loss), net of tax, by the following components for the periods indicated:



	Foreign Currency Translation Adjustments			Investments			Cash Flow Hedges			Pension and Other Postretirement Plans		Accumulated Other Comprehensive Income (Loss)
	(in millions)
Balances as of February 2, 2018	$	179		$	22		$	(103	)	$	32	$	130
Adjustment for adoption of accounting standards (Note 1)	—			(61		)	—			3		(58		)
Other comprehensive income (loss) before reclassifications	(342		)	(7		)	121			—		(228		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			(1		)	31			—		30
Total change for the period	(342		)	(69		)	152			3		(256		)
Less: Change in comprehensive loss attributable to non-controlling interests	—			(3		)	(2		)	—		(5		)
Balances as of May 4, 2018	$	(163	)	$	(44	)	$	51		$	35	$	(121	)

Reclassifications Out of Accumulated Other Comprehensive Loss, Net of Tax, to Net Income (Loss)

The following table presents reclassifications out of accumulated other comprehensive income (loss), net of tax, to net income (loss) for the periods presented:



	Three Months Ended
	May 4, 2018								May 5, 2017
	Investments		Cash Flow Hedges			Total			Investments			Cash Flow Hedges		Total
	(in millions)
Total reclassifications, net of tax:
Net revenue	$	—	$	(31	)	$	(31	)	$	—		$	17	$	17
Cost of net revenue	—		—			—			—			4		4
Interest and other, net	1		—			1			(1		)	—		(1		)
Total reclassifications, net of tax	$	1	$	(31	)	$	(30	)	$	(1	)	$	21	$	20

NON-CONTROLLING INTERESTS (Tables)

3 Months Ended

May 04, 2018

Noncontrolling Interest [Abstract]

Effect of Changes in Ownership Interests of Less than Wholly Owned Subsidiaries

The effect of changes in the Company's ownership interest in VMware, Inc., SecureWorks, and Pivotal on the Company's equity was as follows:



	Three Months Ended
	May 4, 2018
	(in millions)
Net loss attributable to Dell Technologies Inc.	$	(636	)
Transfers (to) from the non-controlling interests:
Increase in Dell Technologies Inc. additional paid-in-capital for equity issuances and other equity activity	449
Decrease in Dell Technologies Inc. additional paid-in-capital for equity issuances and other equity activity	(376		)
Net transfers from non-controlling interests	73
Change from net loss attributable to Dell Technologies Inc. and transfers to/from the non-controlling interests	$	(563	)

EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

May 04, 2018

Earnings Per Share [Abstract]

Computation of basic and diluted earnings (loss) per share and reconciliation to consolidated net income (loss)

The following table sets forth basic and diluted earnings (loss) per share for each of the periods presented:



	Three Months Ended
	May 4, 2018			May 5, 2017
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Class V Common Stock - basic	$	2.36		$	0.60
DHI Group - basic	$	(1.95	)	$	(2.29	)

Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Class V Common Stock - diluted	$	2.33		$	0.59
DHI Group - diluted	$	(1.95	)	$	(2.29	)

The following table sets forth the computation of basic and diluted earnings (loss) per share for each of the periods presented:



	Three Months Ended
	May 4, 2018			May 5, 2017
	(in millions)
Numerator: Class V Common Stock
Net income attributable to Class V Common Stock - basic	$	470		$	125
Incremental dilution from VMware, Inc. attributable to Class V Common Stock (a)	(7		)	(2		)
Net income attributable to Class V Common Stock - diluted	$	463		$	123

Numerator: DHI Group
Net loss attributable to DHI Group - basic	$	(1,106	)	$	(1,296	)
Incremental dilution from VMware, Inc. attributable to DHI Group (a)	(4		)	(1		)
Net loss attributable to DHI Group - diluted	$	(1,110	)	$	(1,297	)

Denominator: Class V Common Stock weighted-average shares outstanding
Weighted-average shares outstanding - basic	199			207
Dilutive effect of options, restricted stock units, restricted stock, and other (b)	—			—
Weighted-average shares outstanding - diluted	199			207
Weighted-average shares outstanding - antidilutive (b)	—			—

Denominator: DHI Group weighted-average shares outstanding
Weighted-average shares outstanding - basic	568			566
Dilutive effect of options, restricted stock units, restricted stock, and other	—			—
Weighted-average shares outstanding - diluted	568			566
Weighted-average shares outstanding - antidilutive (c)	34			37

____________________

(a)


(b)	The dilutive effect of Class V Common Stock-based incentive awards was not material to the calculation of the weighted-average Class V Common Stock shares outstanding. The antidilutive effect of these awards was also not material.


(c)	Stock-based incentive awards have been excluded from the calculation of the DHI Group's diluted earnings (loss) per share because their effect would have been antidilutive, as the Company had a net loss from continuing operations attributable to the DHI Group for the periods presented.

Reconciliation to the consolidated net income (loss)

The following table presents a reconciliation to the consolidated net income (loss) attributable to Dell Technologies Inc.:



	Three Months Ended
	May 4, 2018			May 5, 2017
	(in millions)
Net income attributable to Class V Common Stock	$	470		$	125
Net loss attributable to DHI Group	(1,106		)	(1,296		)
Net loss attributable to Dell Technologies Inc.	$	(636	)	$	(1,171	)

CAPITALIZATION (Tables)

3 Months Ended

May 04, 2018

Equity [Abstract]

Schedule of Stock by Class

The following table summarizes the Company's authorized, issued, and outstanding common stock as of the dates indicated:



	Authorized	Issued	Outstanding
	(in millions of shares)
Common stock as of May 4, 2018
Class A	600	410	410
Class B	200	137	137
Class C	7,900	23	22
Class D	100	—	—
Class V	343	223	199
	9,143	793	768

Common stock as of February 2, 2018
Class A	600	410	410
Class B	200	137	137
Class C	7,900	24	23
Class D	100	—	—
Class V	343	223	199
	9,143	794	769

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21506-112644

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 480
-SubTopic 10
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=65877616&loc=d3e177068-122764

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(d))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21553-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
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-Subparagraph (SX 210.5-02(28))
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65888546&loc=d3e21300-112643

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(27))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21484-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21538-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21488-112644

+ Details

SEGMENT INFORMATION (Tables)

3 Months Ended

May 04, 2018

Segment Reporting [Abstract]

Reconciliation of revenue from segments to consolidated



	Three Months Ended
	May 4, 2018			May 5, 2017
	(in millions)
Consolidated net revenue:
Infrastructure Solutions Group	$	8,667		$	6,961
Client Solutions Group	10,271			9,048
VMware	2,028			1,818
Reportable segment net revenue	20,966			17,827
Other businesses (a)	579			529
Unallocated transactions (b)	(2		)	(1		)
Impact of purchase accounting (c)	(187		)	(355		)
Total net revenue	$	21,356		$	18,000

Consolidated operating income (loss):
Infrastructure Solutions Group	$	939		$	506
Client Solutions Group	533			325
VMware	613			611
Reportable segment operating income	2,085			1,442
Other businesses (a)	(50		)	(23		)
Unallocated transactions (b)	(9		)	6
Impact of purchase accounting (c)	(222		)	(423		)
Amortization of intangibles	(1,522		)	(1,776		)
Transaction-related expenses (d)	(166		)	(191		)
Other corporate expenses (e)	(269		)	(307		)
Total operating loss	$	(153	)	$	(1,272	)

_________________


(a)	RSA Information Security, Pivotal, SecureWorks, Virtustream, and Boomi constitute "Other businesses" but do not meet the requirements for a reportable segment, either individually or collectively. The results of Other businesses are not material to the Company's overall results.


(b)	Unallocated transactions includes long-term incentives, certain short-term incentive compensation expenses, and other corporate items that are not allocated to Dell Technologies' reportable segments.


(c)	Impact of purchase accounting includes non-cash purchase accounting adjustments that are primarily related to the EMC merger transaction.


(d)	Transaction-related expenses includes acquisition, integration, and divestiture related costs.


(e)	Other corporate expenses includes severance and facility action costs as well as stock-b

Disaggregation of revenue

The following table presents the disaggregation of net revenue by reportable segment, and by major product categories within the segments:



	Three Months Ended
	May 4, 2018		May 5, 2017
	(in millions)
Net revenue:
Infrastructure Solutions Group:
Servers and networking	$	4,585	$	3,256
Storage	4,082		3,705
Total ISG net revenue	8,667		6,961
Client Solutions Group:
Commercial	7,363		6,342
Consumer	2,908		2,706
Total CSG net revenue	10,271		9,048
VMware:
Total VMware net revenue	2,028		1,818
Total segment net revenue	$	20,966	$	17,827

SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION (Tables)

3 Months Ended

May 04, 2018

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Information on selected accounts included in the statements of financial position

The following table provides additional information on selected accounts included in the Consolidated Statements of Financial Position as of May 4, 2018 and February 2, 2018:



	May 4, 2018		February 2, 2018
	(in millions)
Inventories, net:
Production materials	$	1,136	$	967
Work-in-process	611		514
Finished goods	1,186		1,197
Total inventories, net	$	2,933	$	2,678
Other non-current liabilities:
Warranty liability	$	169	$	172
Deferred and other tax liabilities	6,334		6,590
Other	542		515
Total other non-current liabilities	$	7,045	$	7,277

Supplemental cash flow information

The following table presents cash, cash equivalents, and restricted cash as reported on the Condensed Consolidated Statements of Financial Position as of May 4, 2018 and February 2, 2018:



	May 4, 2018		February 2, 2018
	(in millions)
Cash and cash equivalents	$	15,324	$	13,942
Restricted cash - current assets	509		423
Restricted cash - other non-current assets	12		13
Total cash, cash equivalents, and restricted cash	$	15,845	$	14,378

BASIS OF PRESENTATION - Additional Information (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017	Feb. 02, 2018	Feb. 03, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cumulative one-time adjustment			$ (5)	$ 84
Interest and other, net	$ (470)	$ (572)
Retained earnings (accumulated deficit)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cumulative one-time adjustment				84
Other non-current liabilities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cumulative one-time adjustment			(84)
Retained earnings (accumulated deficit)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cumulative one-time adjustment			58	$ 84
Accounting Standards Update 2016-01
Accumulated Other Comprehensive Income (Loss) [Line Items]
Interest and other, net	$ 100
Accounting Standards Update 2016-01 \| Retained earnings (accumulated deficit)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cumulative one-time adjustment			$ 56

BASIS OF PRESENTATION - Schedule of the Impact of New Accounting Standards on Previously Reported Financial Results (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017	Feb. 02, 2018
Assets
Accounts receivable, net	$ 10,561		$ 11,721
Other current assets	6,049		5,881
Other non-current assets	2,548		2,403
Liabilities and Stockholders' Equity
Accrued and other	6,952		8,026
Short-term deferred revenue	11,495		11,606
Long-term deferred revenue	9,464		9,210
Other non-current liabilities	7,045		7,277
Accumulated deficit	(7,438)		(6,860)
Non-controlling interests	6,495		5,766
Net revenue:
Total net revenue	21,356	$ 18,000
Cost of net revenue:
Total cost of net revenue	15,478	13,543
Gross margin	5,878	4,457
Operating expenses:
Selling, general, and administrative	4,944	4,596
Research and development	1,087	1,133
Total operating expenses	6,031	5,729
Operating loss	(153)	(1,272)
Interest and other, net	(470)	(572)
Income (loss) before income taxes	(623)	(1,844)
Income tax provision (benefit)	(85)	(641)
Net income (loss)	(538)	(1,203)
Less: Net income (loss) attributable to non-controlling interests	98	(32)
Net income (loss) attributable to Dell Technologies Inc.	(636)	(1,171)
Cash Flow Information
Change in cash from operating activities	1,159	285
Change in cash from investing activities	(149)	51
Change in cash from financing activities	543	(187)
Change in cash, cash equivalents, and restricted cash	1,467	143
Cash, cash equivalents, and restricted cash at beginning of period	14,378	9,832
Cash, cash equivalents, and restricted cash at end of the period	$ 15,845	$ 9,975
Class V Common Stock
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Basic (in dollars per share)	$ 2.36	$ 0.60
Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Diluted (in dollars per share)	2.33	0.59
DHI Group
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Basic (in dollars per share)	(1.95)	(2.29)
Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Diluted (in dollars per share)	$ (1.95)	$ (2.29)
Products
Net revenue:
Total net revenue	$ 16,671	$ 13,634
Cost of net revenue:
Total cost of net revenue	13,606	11,823
Services
Net revenue:
Total net revenue	4,685	4,366
Cost of net revenue:
Total cost of net revenue	$ 1,872	1,720
As Reported
Assets
Accounts receivable, net			11,177
Other current assets			5,054
Other non-current assets			1,862
Liabilities and Stockholders' Equity
Accrued and other			7,661
Short-term deferred revenue			12,024
Long-term deferred revenue			10,223
Other non-current liabilities			6,797
Accumulated deficit			(9,253)
Non-controlling interests			5,661
Net revenue:
Total net revenue		17,816
Cost of net revenue:
Total cost of net revenue		13,514
Gross margin		4,302
Operating expenses:
Selling, general, and administrative		4,669
Research and development		1,133
Total operating expenses		5,802
Operating loss		(1,500)
Interest and other, net		(573)
Income (loss) before income taxes		(2,073)
Income tax provision (benefit)		(690)
Net income (loss)		(1,383)
Less: Net income (loss) attributable to non-controlling interests		(49)
Net income (loss) attributable to Dell Technologies Inc.		(1,334)
Cash Flow Information
Change in cash from operating activities		240
Change in cash from investing activities		51
Change in cash from financing activities		(205)
Change in cash, cash equivalents, and restricted cash		80
Cash, cash equivalents, and restricted cash at beginning of period		9,474
Cash, cash equivalents, and restricted cash at end of the period		$ 9,554
As Reported \| Class V Common Stock
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Basic (in dollars per share)		$ 0.57
Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Diluted (in dollars per share)		0.56
As Reported \| DHI Group
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Basic (in dollars per share)		(2.57)
Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Diluted (in dollars per share)		$ (2.57)
As Reported \| Products
Net revenue:
Total net revenue		$ 12,968
Cost of net revenue:
Total cost of net revenue		11,459
As Reported \| Services
Net revenue:
Total net revenue		4,848
Cost of net revenue:
Total cost of net revenue		2,055
Revenue from Contracts with Customers \| Adjustment
Assets
Accounts receivable, net			544
Other current assets			827
Other non-current assets			541
Liabilities and Stockholders' Equity
Accrued and other			365
Short-term deferred revenue			(418)
Long-term deferred revenue			(1,013)
Other non-current liabilities			480
Accumulated deficit			2,393
Non-controlling interests			$ 105
Net revenue:
Total net revenue		184
Cost of net revenue:
Total cost of net revenue		29
Gross margin		155
Operating expenses:
Selling, general, and administrative		(73)
Research and development		0
Total operating expenses		(73)
Operating loss		228
Interest and other, net		1
Income (loss) before income taxes		229
Income tax provision (benefit)		49
Net income (loss)		180
Less: Net income (loss) attributable to non-controlling interests		17
Net income (loss) attributable to Dell Technologies Inc.		$ 163
Revenue from Contracts with Customers \| Adjustment \| Class V Common Stock
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Basic (in dollars per share)		$ 0.03
Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Diluted (in dollars per share)		0.03
Revenue from Contracts with Customers \| Adjustment \| DHI Group
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Basic (in dollars per share)		0.28
Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Diluted (in dollars per share)		$ 0.28
Revenue from Contracts with Customers \| Adjustment \| Products
Net revenue:
Total net revenue		$ 666
Cost of net revenue:
Total cost of net revenue		364
Revenue from Contracts with Customers \| Adjustment \| Services
Net revenue:
Total net revenue		(482)
Cost of net revenue:
Total cost of net revenue		(335)
Classification of Certain Cash Receipts and Cash Payments \| Adjustment
Cash Flow Information
Change in cash from operating activities		29
Change in cash from investing activities		0
Change in cash from financing activities		(29)
Change in cash, cash equivalents, and restricted cash		0
Cash, cash equivalents, and restricted cash at beginning of period		0
Cash, cash equivalents, and restricted cash at end of the period		0
Statement of Cash Flows, Restricted Cash \| Adjustment
Cash Flow Information
Change in cash from operating activities		16
Change in cash from investing activities		0
Change in cash from financing activities		47
Change in cash, cash equivalents, and restricted cash		63
Cash, cash equivalents, and restricted cash at beginning of period		358
Cash, cash equivalents, and restricted cash at end of the period		$ 421

INTERIM UPDATE TO SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017	Feb. 02, 2018
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Deferred costs to obtain a contract	$ 909		$ 834
Amortization of costs to obtain a contract	$ 108	$ 54
Minimum
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Deferred costs amortization period	3 years
Maximum
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Deferred costs amortization period	7 years

FAIR VALUE MEASUREMENTS - Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Assets:
Derivative instruments	$ 142	$ 83
Liabilities:
Derivative instruments	59	184
Fair Value, Measurements, Recurring
Assets:
Derivative instruments	142	83
Total assets	16,908	14,677
Liabilities:
Derivative instruments	59	184
Total liabilities	59	184
Fair Value, Measurements, Recurring \| U.S. government and agencies
Assets:
Investments	1,045	1,074
Fair Value, Measurements, Recurring \| U.S. corporate debt securities
Assets:
Investments	1,988	2,003
Fair Value, Measurements, Recurring \| Foreign corporate debt securities
Assets:
Investments	2,442	2,547
Fair Value, Measurements, Recurring \| Equity and other securities
Assets:
Investments	386	241
Fair Value, Measurements, Recurring \| Money market funds
Assets:
Cash equivalents	10,837	8,641
Fair Value, Measurements, Recurring \| U.S. corporate debt securities
Assets:
Cash equivalents	28	23
Fair Value, Measurements, Recurring \| Foreign corporate debt securities
Assets:
Cash equivalents	40	65
Fair Value, Measurements, Recurring \| Level 1
Assets:
Derivative instruments	0	0
Total assets	11,889	9,559
Liabilities:
Derivative instruments	0	0
Total liabilities	0	0
Fair Value, Measurements, Recurring \| Level 1 \| U.S. government and agencies
Assets:
Investments	676	682
Fair Value, Measurements, Recurring \| Level 1 \| U.S. corporate debt securities
Assets:
Investments	0	0
Fair Value, Measurements, Recurring \| Level 1 \| Foreign corporate debt securities
Assets:
Investments	0	0
Fair Value, Measurements, Recurring \| Level 1 \| Equity and other securities
Assets:
Investments	376	236
Fair Value, Measurements, Recurring \| Level 1 \| Money market funds
Assets:
Cash equivalents	10,837	8,641
Fair Value, Measurements, Recurring \| Level 1 \| U.S. corporate debt securities
Assets:
Cash equivalents	0	0
Fair Value, Measurements, Recurring \| Level 1 \| Foreign corporate debt securities
Assets:
Cash equivalents	0	0
Fair Value, Measurements, Recurring \| Level 2
Assets:
Derivative instruments	142	83
Total assets	5,019	5,118
Liabilities:
Derivative instruments	59	184
Total liabilities	59	184
Fair Value, Measurements, Recurring \| Level 2 \| U.S. government and agencies
Assets:
Investments	369	392
Fair Value, Measurements, Recurring \| Level 2 \| U.S. corporate debt securities
Assets:
Investments	1,988	2,003
Fair Value, Measurements, Recurring \| Level 2 \| Foreign corporate debt securities
Assets:
Investments	2,442	2,547
Fair Value, Measurements, Recurring \| Level 2 \| Equity and other securities
Assets:
Investments	10	5
Fair Value, Measurements, Recurring \| Level 2 \| Money market funds
Assets:
Cash equivalents	0	0
Fair Value, Measurements, Recurring \| Level 2 \| U.S. corporate debt securities
Assets:
Cash equivalents	28	23
Fair Value, Measurements, Recurring \| Level 2 \| Foreign corporate debt securities
Assets:
Cash equivalents	40	65
Fair Value, Measurements, Recurring \| Level 3
Assets:
Derivative instruments	0	0
Total assets	0	0
Liabilities:
Derivative instruments	0	0
Total liabilities	0	0
Fair Value, Measurements, Recurring \| Level 3 \| U.S. government and agencies
Assets:
Investments	0	0
Fair Value, Measurements, Recurring \| Level 3 \| U.S. corporate debt securities
Assets:
Investments	0	0
Fair Value, Measurements, Recurring \| Level 3 \| Foreign corporate debt securities
Assets:
Investments	0	0
Fair Value, Measurements, Recurring \| Level 3 \| Equity and other securities
Assets:
Investments	0	0
Fair Value, Measurements, Recurring \| Level 3 \| Money market funds
Assets:
Cash equivalents	0	0
Fair Value, Measurements, Recurring \| Level 3 \| U.S. corporate debt securities
Assets:
Cash equivalents	0	0
Fair Value, Measurements, Recurring \| Level 3 \| Foreign corporate debt securities
Assets:
Cash equivalents	$ 0	$ 0

FAIR VALUE MEASUREMENTS - Additional Information (Narrative) (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Fair Value Disclosures [Abstract]
Investments without readily determinable fair values	$ 484	$ 485

FAIR VALUE MEASUREMENTS - Carrying Value and Estimated Fair Value of Outstanding Debt (Details) - USD ($) $ in Billions	May 04, 2018	Feb. 02, 2018
Carrying Value \| Senior Secured Credit Facilities \| Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 10.4	$ 10.4
Carrying Value \| First Lien Notes \| Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	19.7	19.7
Carrying Value \| Unsecured Notes and Debentures \| Unsecured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1.8	2.3
Carrying Value \| Senior Notes \| Unsecured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	3.1	3.1
Carrying Value \| EMC Notes \| Unsecured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	5.5	5.5
Carrying Value \| VMware Notes \| Unsecured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	4.0	4.0
Carrying Value \| Margin Loan Facility \| Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	2.0	2.0
Fair Value \| Senior Secured Credit Facilities \| Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	10.6	10.6
Fair Value \| First Lien Notes \| Secured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	21.2	21.9
Fair Value \| Unsecured Notes and Debentures \| Unsecured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	2.0	2.5
Fair Value \| Senior Notes \| Unsecured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	3.4	3.4
Fair Value \| EMC Notes \| Unsecured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	5.4	5.4
Fair Value \| VMware Notes \| Unsecured Debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	3.8	3.9
Fair Value \| Margin Loan Facility \| Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 2.0	$ 2.0

INVESTMENTS - Schedule of Investments by Major Security Type, the Carrying Value and Amortized Cost (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Cost
Debt securities	$ 5,542
Cost	6,227	$ 6,312
Unrealized Gain
Available for sale securities	185	86
Unrealized (Loss)
Available for sale securities	(67)	(48)
Carrying Value
Debt securities	5,475
Carrying Value	6,345	6,350
Investments without readily determinable fair values	484	485
Short-term Investments
Cost
Debt securities	2,411	2,193
Unrealized Gain
Debt securities	0	0
Unrealized (Loss)
Debt securities	(9)	(6)
Carrying Value
Debt securities	2,402	2,187
Short-term Investments \| U.S. government and agencies
Cost
Debt securities	499	485
Unrealized Gain
Debt securities	0	0
Unrealized (Loss)
Debt securities	(2)	(2)
Carrying Value
Debt securities	497	483
Short-term Investments \| U.S. corporate debt securities
Cost
Debt securities	806	660
Unrealized Gain
Debt securities	0	0
Unrealized (Loss)
Debt securities	(3)	(2)
Carrying Value
Debt securities	803	658
Short-term Investments \| Foreign debt securities
Cost
Debt securities	1,106	1,048
Unrealized Gain
Debt securities	0	0
Unrealized (Loss)
Debt securities	(4)	(2)
Carrying Value
Debt securities	1,102	1,046
Long-term Investments
Cost
Equity and other securities	685	640
Cost	3,816	4,119
Unrealized Gain
Equity and other securities	185	86
Available for sale securities	185	86
Unrealized (Loss)
Equity and other securities	0	0
Available for sale securities	(58)	(42)
Carrying Value
Equity and other securities	870	726
Carrying Value	3,943	4,163
Long-term Investments \| U.S. government and agencies
Cost
Debt securities	559	600
Unrealized Gain
Debt securities	0	0
Unrealized (Loss)
Debt securities	(11)	(9)
Carrying Value
Debt securities	548	591
Long-term Investments \| U.S. corporate debt securities
Cost
Debt securities	1,208	1,361
Unrealized Gain
Debt securities	0	0
Unrealized (Loss)
Debt securities	(23)	(16)
Carrying Value
Debt securities	1,185	1,345
Long-term Investments \| Foreign debt securities
Cost
Debt securities	1,364	1,518
Unrealized Gain
Debt securities	0	0
Unrealized (Loss)
Debt securities	(24)	(17)
Carrying Value
Debt securities	$ 1,340	$ 1,501

INVESTMENTS - Additional Information (Narrative) (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Investments, Debt and Equity Securities [Abstract]
Aggregate fair value of investments in continuous unrealized loss position for greater than 12 months	$ 1,700	$ 1,900
Unrealized loss of investments	$ 8	$ 25

INVESTMENTS - Schedule of Investments Classified by Contractual Maturities of Debt Securities Held (Details) $ in Millions	May 04, 2018 USD ($)
Carrying Value
Due within one year	$ 2,411
Due after 1 year through 5 years	3,071
Due after 5 years through 10 years	60
Debt securities	5,542
Amortized Cost
Due within one year	2,402
Due after 1 year through 5 years	3,016
Due after 5 years through 10 years	57
Debt securities	$ 5,475

FINANCIAL SERVICES - Additional Information (Narrative) (Details) - USD ($)		3 Months Ended
	Nov. 27, 2017	May 04, 2018	May 05, 2017	Feb. 02, 2018	Jun. 01, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
New financing originations		$ 1,700,000,000	$ 1,100,000,000
Future maturities
Debt outstanding		52,687,000,000		$ 52,694,000,000
Financing receivables sold		$ 101,000,000	55,000,000
Revolving
Accounts, Notes, Loans and Financing Receivable [Line Items]
Repayment term (in years)		12 months
Fixed-term
Future maturities
Remainder of Fiscal 2019		$ 1,779,000,000
Fiscal 2020		1,677,000,000
Fiscal 2021		945,000,000
Fiscal 2022		300,000,000
Fiscal 2023 and beyond		$ 81,000,000
Fixed-term \| Business customers \| Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Repayment term (in years)		2 years
Fixed-term \| Business customers \| Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Repayment term (in years)		4 years
Fixed-term \| Qualified small businesses, large commercial accounts, governmental organizations, educational entities, and certain individual consumer customers \| Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Repayment term (in years)		3 years
Fixed-term \| Qualified small businesses, large commercial accounts, governmental organizations, educational entities, and certain individual consumer customers \| Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Repayment term (in years)		5 years
Secured Debt
Future maturities
Aggregate principal amount					$ 20,000,000,000
Fixed-term securitization offerings \| Secured Debt \| Minimum
Future maturities
Interest rate		0.53%
Fixed-term securitization offerings \| Secured Debt \| Maximum
Future maturities
Interest rate		3.61%
Note payable
Future maturities
Aggregate principal amount	$ 198,000,000
Note payable \| Secured Debt
Future maturities
Debt outstanding		$ 198,000,000		200,000,000
U.S. \| Secured Debt \| Finance Leases and Revolving Loan Portfolio Segments
Future maturities
Debt outstanding		4,072,000,000		3,564,000,000
U.S. \| Securitization facilities \| Secured Debt \| Finance Leases and Revolving Loan Portfolio Segments
Future maturities
Total debt capacity		3,000,000,000
Debt outstanding		2,256,000,000		1,498,000,000
U.S. \| Fixed-term securitization offerings \| Secured Debt \| Finance Leases and Revolving Loan Portfolio Segments
Future maturities
Debt outstanding		1,666,000,000		2,034,000,000
U.S. \| Other structured facilities \| Secured Debt \| Finance Leases and Revolving Loan Portfolio Segments
Future maturities
Debt outstanding		150,000,000		32,000,000
International \| Secured Debt \| Finance Leases and Revolving Loan Portfolio Segments
Future maturities
Debt outstanding		1,287,000,000		1,232,000,000
International \| Securitization facilities \| Secured Debt \| Fixed-term
Future maturities
Total debt capacity		719,000,000
International \| Securitization facilities \| Secured Debt \| Finance Leases and Revolving Loan Portfolio Segments
Future maturities
Debt outstanding		471,000,000		404,000,000
International \| Other structured facilities \| Secured Debt \| Finance Leases and Revolving Loan Portfolio Segments
Future maturities
Debt outstanding		618,000,000		628,000,000
Canada \| Other structured facilities \| Secured Debt
Future maturities
Total debt capacity		175,000,000
Europe \| Other structured facilities \| Secured Debt
Future maturities
Total debt capacity		480,000,000
Australia and New Zealand \| Other structured facilities \| Secured Debt
Future maturities
Total debt capacity		90,000,000
LIBOR \| Note payable
Future maturities
Basis spread on variable rate	2.25%
Mexico, Pesos \| TIIE \| Note payable
Future maturities
Basis spread on variable rate	2.00%
Variable Interest Entity, Primary Beneficiary
Future maturities
Financing receivables transferred via securitization through SPEs		1,300,000,000	$ 900,000,000
Debt outstanding		$ 4,400,000,000		$ 3,900,000,000

FINANCIAL SERVICES - Schedule of Components of the Company's Financing Receivables Segregated by Portfolio Segment (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018	May 05, 2017	Feb. 03, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net	$ 7,761	$ 7,643
Short-term	3,962	3,919
Long-term	3,799	3,724
Customer receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables, gross	7,280	7,182
Allowances for losses	(139)	(145)	$ (136)	$ (143)
Financing receivables, net	7,141	7,037
Residual interest
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net	620	606
Revolving
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net	769	819
Short-term	769	819
Long-term	0	0
Revolving \| Customer receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables, gross	846	900
Allowances for losses	(77)	(81)	(85)	(91)
Financing receivables, net	769	819
Revolving \| Residual interest
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net	0	0
Fixed-term
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net	6,992	6,824
Short-term	3,193	3,100
Long-term	3,799	3,724
Fixed-term \| Customer receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer receivables, gross	6,434	6,282
Allowances for losses	(62)	(64)	$ (51)	$ (52)
Financing receivables, net	6,372	6,218
Fixed-term \| Residual interest
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net	$ 620	$ 606

FINANCIAL SERVICES - Schedule of Changes in the Allowance for Financing Receivable Losses (Details) - Customer receivables - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balances at beginning of period	$ 145	$ 143
Charge-offs, net of recoveries	(25)	(25)
Provision charged to income statement	19	18
Balances at end of period	139	136
Revolving
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balances at beginning of period	81	91
Charge-offs, net of recoveries	(20)	(22)
Provision charged to income statement	16	16
Balances at end of period	77	85
Fixed-term
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balances at beginning of period	64	52
Charge-offs, net of recoveries	(5)	(3)
Provision charged to income statement	3	2
Balances at end of period	$ 62	$ 51

FINANCIAL SERVICES - Aging Customer Financing Receivables, Gross, Including Accrued Interest (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 6,402	$ 6,209
Total customer receivables, gross	7,280	7,182
Revolving \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total customer receivables, gross	846	900
Revolving \| Revolving — DPA
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total customer receivables, gross	667	715
Revolving \| Revolving — DPA \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	594	633
Total customer receivables, gross	667	715
Revolving \| Revolving — DBC
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total customer receivables, gross	179	185
Revolving \| Revolving — DBC \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	155	162
Total customer receivables, gross	179	185
Fixed-term \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total customer receivables, gross	6,434	6,282
Fixed-term \| Fixed-term — Consumer and Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total customer receivables, gross	6,434	6,282
Fixed-term \| Fixed-term — Consumer and Commercial \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	5,653	5,414
Total customer receivables, gross	6,434	6,282
Past Due 1 — 90 Days \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	779	853
Past Due 1 — 90 Days \| Revolving \| Revolving — DPA \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	53	59
Past Due 1 — 90 Days \| Revolving \| Revolving — DBC \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	20	19
Past Due 1 — 90 Days \| Fixed-term \| Fixed-term — Consumer and Commercial \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	706	775
Past Due 90 Days \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	99	120
Past Due 90 Days \| Revolving \| Revolving — DPA \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	20	23
Past Due 90 Days \| Revolving \| Revolving — DBC \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	4	4
Past Due 90 Days \| Fixed-term \| Fixed-term — Consumer and Commercial \| Customer receivables
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due	$ 75	$ 93

FINANCIAL SERVICES - Credit Quality Indicators (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Revolving \| Revolving — DPA
Financing Receivable, Recorded Investment [Line Items]
Customer receivables, gross	$ 667	$ 715
Revolving \| Revolving — DBC
Financing Receivable, Recorded Investment [Line Items]
Customer receivables, gross	179	185
Fixed-term \| Fixed-term — Consumer and Commercial
Financing Receivable, Recorded Investment [Line Items]
Customer receivables, gross	6,434	6,282
Higher \| Revolving \| Revolving — DPA
Financing Receivable, Recorded Investment [Line Items]
Customer receivables, gross	133	131
Higher \| Revolving \| Revolving — DBC
Financing Receivable, Recorded Investment [Line Items]
Customer receivables, gross	48	48
Higher \| Fixed-term \| Fixed-term — Consumer and Commercial
Financing Receivable, Recorded Investment [Line Items]
Customer receivables, gross	3,383	3,334
Mid \| Revolving \| Revolving — DPA
Financing Receivable, Recorded Investment [Line Items]
Customer receivables, gross	200	223
Mid \| Revolving \| Revolving — DBC
Financing Receivable, Recorded Investment [Line Items]
Customer receivables, gross	54	58
Mid \| Fixed-term \| Fixed-term — Consumer and Commercial
Financing Receivable, Recorded Investment [Line Items]
Customer receivables, gross	1,768	1,828
Lower \| Revolving \| Revolving — DPA
Financing Receivable, Recorded Investment [Line Items]
Customer receivables, gross	334	361
Lower \| Revolving \| Revolving — DBC
Financing Receivable, Recorded Investment [Line Items]
Customer receivables, gross	77	79
Lower \| Fixed-term \| Fixed-term — Consumer and Commercial
Financing Receivable, Recorded Investment [Line Items]
Customer receivables, gross	$ 1,283	$ 1,120

FINANCIAL SERVICES - DFS Debt (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Total debt, principal amount	$ 52,687	$ 52,694
Short-term debt	7,133	7,873
Long-term debt	44,770	43,998
Secured Debt \| U.S. \| Finance Leases and Revolving Loan Portfolio Segments
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Total debt, principal amount	4,072	3,564
Secured Debt \| International \| Finance Leases and Revolving Loan Portfolio Segments
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Total debt, principal amount	1,287	1,232
Securitization facilities \| Secured Debt \| U.S. \| Finance Leases and Revolving Loan Portfolio Segments
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Total debt, principal amount	2,256	1,498
Securitization facilities \| Secured Debt \| International \| Finance Leases and Revolving Loan Portfolio Segments
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Total debt, principal amount	471	404
Fixed-term securitization offerings \| Secured Debt \| U.S. \| Finance Leases and Revolving Loan Portfolio Segments
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Total debt, principal amount	1,666	2,034
Other structured facilities \| Secured Debt \| U.S. \| Finance Leases and Revolving Loan Portfolio Segments
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Total debt, principal amount	150	32
Other structured facilities \| Secured Debt \| International \| Finance Leases and Revolving Loan Portfolio Segments
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Total debt, principal amount	618	628
Note payable \| Secured Debt
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Total debt, principal amount	198	200
DFS Debt
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Total debt, principal amount	5,359
DFS Debt \| Secured Debt
Qualitative and Quantitative Information, Transferor's Continuing Involvement [Line Items]
Total debt, principal amount	5,359	4,796
Short-term debt	3,019	3,327
Long-term debt	$ 2,340	$ 1,469

FINANCIAL SERVICES - Schedule of Financing Receivables Held by the Consolidated VIEs (Details) - Variable Interest Entity, Primary Beneficiary - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables held by consolidated VIEs, net	$ 5,012	$ 4,553
Financing Receivables, Short-term, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables held by consolidated VIEs, net	2,737	2,572
Financing Receivables, Long-term, Net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables held by consolidated VIEs, net	$ 2,275	$ 1,981

DEBT - Outstanding debt (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018	Sep. 07, 2016
Debt Instrument [Line Items]
Total debt, principal amount	$ 52,687	$ 52,694
Unamortized discount, net of unamortized premium	(256)	(266)
Debt issuance costs	(528)	(557)
Total debt, carrying value	51,903	51,871
Total short-term debt, carrying value	7,133	7,873
Total long-term debt, carrying value	44,770	43,998
DFS Debt
Debt Instrument [Line Items]
Total debt, principal amount	5,359
4.61% Margin Loan Facility due April 2022
Debt Instrument [Line Items]
Total debt, principal amount	2,000
Secured Debt \| 3.91% Term Loan B Facility due September 2023
Debt Instrument [Line Items]
Total debt, principal amount	$ 4,975	4,988
Interest rate at period end	3.91%
Secured Debt \| 3.66% Term Loan A-2 Facility due September 2021
Debt Instrument [Line Items]
Total debt, principal amount	$ 4,339	4,394
Interest rate at period end	3.66%
Secured Debt \| 3.41% Term Loan A-3 Facility due December 2018
Debt Instrument [Line Items]
Total debt, principal amount	$ 1,213	1,213
Interest rate at period end	3.41%
Secured Debt \| 3.48% due June 2019
Debt Instrument [Line Items]
Total debt, principal amount	$ 3,750	3,750
Interest rate	3.48%
Secured Debt \| 4.42% due June 2021
Debt Instrument [Line Items]
Total debt, principal amount	$ 4,500	4,500
Interest rate	4.42%
Secured Debt \| 5.45% due June 2023
Debt Instrument [Line Items]
Total debt, principal amount	$ 3,750	3,750
Interest rate	5.45%
Secured Debt \| 6.02% due June 2026
Debt Instrument [Line Items]
Total debt, principal amount	$ 4,500	4,500
Interest rate	6.02%
Secured Debt \| 8.10% due July 2036
Debt Instrument [Line Items]
Total debt, principal amount	$ 1,500	1,500
Interest rate	8.10%
Secured Debt \| 8.35% due July 2046
Debt Instrument [Line Items]
Total debt, principal amount	$ 2,000	2,000
Interest rate	8.35%
Secured Debt \| DFS Debt
Debt Instrument [Line Items]
Total debt, principal amount	$ 5,359	4,796
Total short-term debt, carrying value	3,019	3,327
Total long-term debt, carrying value	2,340	1,469
Unsecured Debt \| 5.65% due April 2018
Debt Instrument [Line Items]
Total debt, principal amount	$ 0	500
Interest rate	5.65%
Unsecured Debt \| 5.875% due June 2019
Debt Instrument [Line Items]
Total debt, principal amount	$ 600	600
Interest rate	5.875%
Unsecured Debt \| 4.625% due April 2021
Debt Instrument [Line Items]
Total debt, principal amount	$ 400	400
Interest rate	4.625%
Unsecured Debt \| 7.10% due April 2028
Debt Instrument [Line Items]
Total debt, principal amount	$ 300	300
Interest rate	7.10%
Unsecured Debt \| 6.50% due April 2038
Debt Instrument [Line Items]
Total debt, principal amount	$ 388	388
Interest rate	6.50%
Unsecured Debt \| 5.40% due September 2040
Debt Instrument [Line Items]
Total debt, principal amount	$ 264	264
Interest rate	5.40%
Unsecured Debt \| 5.875% due June 2021
Debt Instrument [Line Items]
Total debt, principal amount	$ 1,625	1,625
Interest rate	5.875%
Unsecured Debt \| 7.125% due June 2024
Debt Instrument [Line Items]
Total debt, principal amount	$ 1,625	1,625
Interest rate	7.125%
Unsecured Debt \| 1.875% due June 2018
Debt Instrument [Line Items]
Total debt, principal amount	$ 2,500	2,500	$ 2,500
Interest rate	1.875%		1.875%
Unsecured Debt \| 2.650% due June 2020
Debt Instrument [Line Items]
Total debt, principal amount	$ 2,000	2,000	$ 2,000
Interest rate	2.65%		2.65%
Unsecured Debt \| 3.375% due June 2023
Debt Instrument [Line Items]
Total debt, principal amount	$ 1,000	1,000	$ 1,000
Interest rate	3.375%		3.375%
Unsecured Debt \| 2.30% due August 2020
Debt Instrument [Line Items]
Total debt, principal amount	$ 1,250	1,250
Interest rate	2.30%
Unsecured Debt \| 2.95% due August 2022
Debt Instrument [Line Items]
Total debt, principal amount	$ 1,500	1,500
Interest rate	2.95%
Unsecured Debt \| 3.90% due August 2027
Debt Instrument [Line Items]
Total debt, principal amount	$ 1,250	1,250
Interest rate	3.90%
Other
Debt Instrument [Line Items]
Total debt, principal amount	$ 99	101
Other \| 4.61% Margin Loan Facility due April 2022
Debt Instrument [Line Items]
Total debt, principal amount	$ 2,000	$ 2,000
Interest rate at period end	4.61%

DEBT - Additional Information (Details)					3 Months Ended
DEBT - Additional Information (Details)	Oct. 31, 2017 USD ($)	Sep. 12, 2017 USD ($) option_period	Apr. 12, 2017 USD ($) shares	Jun. 01, 2016 USD ($)	May 04, 2018 USD ($)	May 05, 2017 USD ($)	Feb. 02, 2018 USD ($)	Sep. 07, 2017 USD ($)	Aug. 21, 2017 USD ($)	Sep. 07, 2016 USD ($)	Jun. 22, 2016 USD ($)
Debt Instrument [Line Items]
Repayments of debt					$ 1,822,000,000	$ 3,116,000,000
Proceeds from credit facility					1,863,000,000	$ 3,421,000,000
Total debt, principal amount					52,687,000,000		$ 52,694,000,000
DFS Debt
Debt Instrument [Line Items]
Total debt, principal amount					5,359,000,000
China Revolving Credit Facility \| Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 500,000,000
Outstanding borrowings under credit facility					0
China Revolving Credit Facility \| LIBOR \| Revolving Credit Facility
Debt Instrument [Line Items]
Basis spread on variable rate	0.60%
VMware, Inc. \| Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 1,000,000,000.0
Debt instrument, term		5 years
Number of extension periods \| option_period		2
Conditional extension period		1 year
Outstanding borrowings under credit facility					0
4.61% Margin Loan Facility due April 2022
Debt Instrument [Line Items]
Total debt, principal amount					2,000,000,000
Pivotal Revolving Credit Facility \| Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity								$ 100,000,000
Secured Debt
Debt Instrument [Line Items]
Debt, stated amount				$ 20,000,000,000
Debt, maximum period for registration				5 years
Secured Debt \| DFS Debt
Debt Instrument [Line Items]
Proceeds from credit facility					611,000,000
Total debt, principal amount					5,359,000,000		4,796,000,000
Secured Debt \| Term Loan Facilities
Debt Instrument [Line Items]
Repayments of debt					$ 68,000,000
Secured Debt \| 3.33% Revolving Credit Facility due September 2021
Debt Instrument [Line Items]
Debt instrument, collateral, percent of capital stock of borrowers					100.00%
Secured Debt \| 3.91% Term Loan B Facility due September 2023
Debt Instrument [Line Items]
Total debt, principal amount					$ 4,975,000,000		4,988,000,000
Secured Debt \| 3.66% Term Loan A-2 Facility due September 2021
Debt Instrument [Line Items]
Total debt, principal amount					4,339,000,000		4,394,000,000
Line of Credit \| Senior Secured Credit Facilities
Debt Instrument [Line Items]
Maximum borrowing capacity					17,600,000,000
Line of Credit \| 3.33% Revolving Credit Facility due September 2021
Debt Instrument [Line Items]
Available borrowing capacity					$ 3,300,000,000
Line of Credit \| 3.33% Revolving Credit Facility due September 2021 \| LIBOR
Debt Instrument [Line Items]
Interest rate floor					0.00%
Line of Credit \| 3.33% Revolving Credit Facility due September 2021 \| Base Rate
Debt Instrument [Line Items]
Interest rate floor					0.00%
Line of Credit \| 3.91% Term Loan B Facility due September 2023
Debt Instrument [Line Items]
Annual principal amortization					1.00%
Required prepayment from net cash proceeds from sale of certain asset sales or dispositions					100.00%
Line of Credit \| 3.91% Term Loan B Facility due September 2023 \| LIBOR
Debt Instrument [Line Items]
Interest rate floor					0.75%
Line of Credit \| 3.91% Term Loan B Facility due September 2023 \| Base Rate
Debt Instrument [Line Items]
Interest rate floor					1.75%
Line of Credit \| 3.66% Term Loan A-2 Facility due September 2021
Debt Instrument [Line Items]
Annual principal amortization					5.00%
Annual principal amortization, years three and four					10.00%
Annual principal amortization, year five					70.00%
Letter of Credit \| Senior Secured Credit Facilities
Debt Instrument [Line Items]
Maximum borrowing capacity					$ 500,000,000
Other \| Senior Secured Credit Facilities
Debt Instrument [Line Items]
Maximum borrowing capacity					400,000,000
Other \| 4.61% Margin Loan Facility due April 2022
Debt Instrument [Line Items]
Maximum borrowing capacity			$ 2,000,000,000
Other \| 4.61% Margin Loan Facility due April 2022 \| Class B common stock
Debt Instrument [Line Items]
Debt instrument, collateral (in shares) \| shares			60,000,000
Other \| 4.61% Margin Loan Facility due April 2022 \| Class A common stock
Debt Instrument [Line Items]
Debt instrument, collateral (in shares) \| shares			20,000,000
Other \| 4.61% Margin Loan Facility due April 2022 \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate			2.25%
Other \| 4.61% Margin Loan Facility due April 2022 \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate			1.25%
Unsecured Notes and Debentures
Debt Instrument [Line Items]
Debt, stated amount											$ 3,250,000,000.00
Unsecured Notes and Debentures \| 5.65% Due April 2018 Notes
Debt Instrument [Line Items]
Repayments of debt					500,000,000
Total debt, principal amount					$ 0		500,000,000
Interest rate					5.65%
Unsecured Notes and Debentures \| 1.875% due June 2018
Debt Instrument [Line Items]
Total debt, principal amount					$ 2,500,000,000		2,500,000,000			$ 2,500,000,000
Interest rate					1.875%					1.875%
Unsecured Notes and Debentures \| 2.650% due June 2020
Debt Instrument [Line Items]
Total debt, principal amount					$ 2,000,000,000		2,000,000,000			$ 2,000,000,000
Interest rate					2.65%					2.65%
Unsecured Notes and Debentures \| 3.375% due June 2023
Debt Instrument [Line Items]
Total debt, principal amount					$ 1,000,000,000		1,000,000,000			$ 1,000,000,000
Interest rate					3.375%					3.375%
Unsecured Notes and Debentures \| 2.30% due August 2020
Debt Instrument [Line Items]
Total debt, principal amount					$ 1,250,000,000		1,250,000,000
Interest rate					2.30%
Unsecured Notes and Debentures \| 2.95% due August 2022
Debt Instrument [Line Items]
Total debt, principal amount					$ 1,500,000,000		1,500,000,000
Interest rate					2.95%
Unsecured Notes and Debentures \| 3.90% due August 2027
Debt Instrument [Line Items]
Total debt, principal amount					$ 1,250,000,000		$ 1,250,000,000
Interest rate					3.90%
Senior Notes
Debt Instrument [Line Items]
Debt, stated amount									$ 4,000,000,000
Senior Notes \| 2.30% due August 2020
Debt Instrument [Line Items]
Debt, stated amount									$ 1,250,000,000
Interest rate									2.30%
Senior Notes \| 2.95% due August 2022
Debt Instrument [Line Items]
Debt, stated amount									$ 1,500,000,000
Interest rate									2.95%
Senior Notes \| 3.90% due August 2027
Debt Instrument [Line Items]
Debt, stated amount									$ 1,250,000,000
Interest rate									3.90%

DEBT - Aggregate future maturities (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Total maturities, principal amount
2019 (remaining nine months)	$ 6,549
2020	6,393
2021	4,825
2022	9,997
2023	3,576
Thereafter	21,347
Total debt, principal amount	52,687	$ 52,694
Associated carrying value adjustments
2019 (remaining nine months)	(8)
2020	(27)
2021	(8)
2022	(178)
2023	(30)
Thereafter	(533)
Total	(784)
Total maturities, carrying value amount
2019 (remaining nine months)	6,541
2020	6,366
2021	4,817
2022	9,819
2023	3,546
Thereafter	20,814
Total debt, carrying value	51,903	$ 51,871
Senior Secured Credit Facilities and First Lien Notes
Total maturities, principal amount
2019 (remaining nine months)	1,473
2020	4,245
2021	371
2022	7,888
2023	63
Thereafter	16,487
Total debt, principal amount	30,527
Unsecured Notes and Debentures
Total maturities, principal amount
2019 (remaining nine months)	0
2020	600
2021	0
2022	400
2023	0
Thereafter	952
Total debt, principal amount	1,952
Senior Notes and EMC Notes
Total maturities, principal amount
2019 (remaining nine months)	2,500
2020	0
2021	2,000
2022	1,625
2023	0
Thereafter	2,625
Total debt, principal amount	8,750
VMware Notes
Total maturities, principal amount
2019 (remaining nine months)	0
2020	0
2021	1,250
2022	0
2023	1,500
Thereafter	1,250
Total debt, principal amount	4,000
DFS Debt
Total maturities, principal amount
2019 (remaining nine months)	2,565
2020	1,538
2021	1,158
2022	84
2023	13
Thereafter	1
Total debt, principal amount	5,359
Margin Loan Facility
Total maturities, principal amount
2019 (remaining nine months)	0
2020	0
2021	0
2022	0
2023	2,000
Thereafter	0
Total debt, principal amount	2,000
Other
Total maturities, principal amount
2019 (remaining nine months)	11
2020	10
2021	46
2022	0
2023	0
Thereafter	32
Total debt, principal amount	$ 99

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Additional Information (Narrative) (Details)	3 Months Ended
	May 04, 2018
Foreign currency forward and option contracts \| Designated as cash flow hedging instruments
Derivative [Line Items]
Term of derivative contract	12 months
Forward contracts to hedge monetary assets and liabilities \| Non-designated as hedging instruments
Derivative [Line Items]
Term of derivative contract	3 months
Forward contracts to hedge monetary assets and liabilities \| Non-designated as hedging instruments \| Financing receivables
Derivative [Line Items]
Term of derivative contract	3 years
Interest rate swaps \| Non-designated as hedging instruments
Derivative [Line Items]
Term of derivative contract	3 years
Interest rate swaps \| Non-designated as hedging instruments \| Structured financing debt
Derivative [Line Items]
Term of derivative contract	3 years
Cross currency amortizing swaps \| Non-designated as hedging instruments
Derivative [Line Items]
Term of derivative contract	5 years

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Notional Amounts of Outstanding Derivative Instruments (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Foreign exchange contracts
Derivative [Line Items]
Notional amount	$ 10,837	$ 10,615
Foreign exchange contracts \| Designated as cash flow hedging instruments
Derivative [Line Items]
Notional amount	4,913	4,392
Foreign exchange contracts \| Non-designated as hedging instruments
Derivative [Line Items]
Notional amount	5,924	6,223
Interest rate contracts \| Non-designated as hedging instruments
Derivative [Line Items]
Notional amount	$ 2,690	$ 1,897

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Effect of Derivative Instruments on the Condensed Consolidated Statements of Financial Position and the Condensed Consolidated Statements of Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017
Derivatives in Cash Flow Hedging Relationships
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Accumulated OCI, Net of Tax, on Derivatives	$ 121	$ (16)
Gain (Loss) Reclassified from Accumulated OCI into Income	(31)	21
Derivatives in Cash Flow Hedging Relationships \| Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Accumulated OCI, Net of Tax, on Derivatives	121	(16)
Derivatives in Cash Flow Hedging Relationships \| Foreign exchange contracts \| Total net revenue
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated OCI into Income	(31)	17
Derivatives in Cash Flow Hedging Relationships \| Foreign exchange contracts \| Total cost of net revenue
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated OCI into Income	0	4
Derivatives in Cash Flow Hedging Relationships \| Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Accumulated OCI, Net of Tax, on Derivatives	0	0
Derivatives in Cash Flow Hedging Relationships \| Interest rate contracts \| Interest and other, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified from Accumulated OCI into Income	0	$ 0
Non-designated as hedging instruments
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income	(41)
Non-designated as hedging instruments \| Foreign exchange contracts \| Interest and other, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income	(43)
Non-designated as hedging instruments \| Interest rate contracts \| Interest and other, net
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income	$ 2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Fair Value of Derivative Instruments in the Condensed Consolidated Statements of Financial Position (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Derivatives, Fair Value [Line Items]
Asset position	$ 350	$ 369
Liability position	(267)	(470)
Gross Amounts of Recognized Assets/ (Liabilities)	83	(101)
Other Current Assets
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	128	69
Other Non- Current Assets
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	14	14
Other Current Liabilities
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	(57)	(183)
Other Non-Current Liabilities
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	(2)	(1)
Designated as cash flow hedging instruments
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	134	(39)
Designated as cash flow hedging instruments \| Other Current Assets
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	113	2
Designated as cash flow hedging instruments \| Other Non- Current Assets
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	0	0
Designated as cash flow hedging instruments \| Other Current Liabilities
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	21	(41)
Designated as cash flow hedging instruments \| Other Non-Current Liabilities
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	0	0
Designated as cash flow hedging instruments \| Foreign exchange contracts
Derivatives, Fair Value [Line Items]
Asset position	142	20
Liability position	(8)	(59)
Designated as cash flow hedging instruments \| Foreign exchange contracts \| Other Current Assets
Derivatives, Fair Value [Line Items]
Asset position	114	9
Liability position	(1)	(7)
Designated as cash flow hedging instruments \| Foreign exchange contracts \| Other Non- Current Assets
Derivatives, Fair Value [Line Items]
Asset position	0	0
Liability position	0	0
Designated as cash flow hedging instruments \| Foreign exchange contracts \| Other Current Liabilities
Derivatives, Fair Value [Line Items]
Asset position	28	11
Liability position	(7)	(52)
Designated as cash flow hedging instruments \| Foreign exchange contracts \| Other Non-Current Liabilities
Derivatives, Fair Value [Line Items]
Asset position	0	0
Liability position	0	0
Non-designated as hedging instruments
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	(51)	(62)
Non-designated as hedging instruments \| Other Current Assets
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	15	67
Non-designated as hedging instruments \| Other Non- Current Assets
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	14	14
Non-designated as hedging instruments \| Other Current Liabilities
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	(78)	(142)
Non-designated as hedging instruments \| Other Non-Current Liabilities
Derivatives, Fair Value [Line Items]
Gross Amounts of Recognized Assets/ (Liabilities)	(2)	(1)
Non-designated as hedging instruments \| Foreign exchange contracts
Derivatives, Fair Value [Line Items]
Asset position	197	338
Liability position	(257)	(410)
Non-designated as hedging instruments \| Foreign exchange contracts \| Other Current Assets
Derivatives, Fair Value [Line Items]
Asset position	153	194
Liability position	(138)	(127)
Non-designated as hedging instruments \| Foreign exchange contracts \| Other Non- Current Assets
Derivatives, Fair Value [Line Items]
Asset position	3	3
Liability position	0	0
Non-designated as hedging instruments \| Foreign exchange contracts \| Other Current Liabilities
Derivatives, Fair Value [Line Items]
Asset position	41	141
Liability position	(119)	(283)
Non-designated as hedging instruments \| Foreign exchange contracts \| Other Non-Current Liabilities
Derivatives, Fair Value [Line Items]
Asset position	0	0
Liability position	0	0
Non-designated as hedging instruments \| Interest rate contracts
Derivatives, Fair Value [Line Items]
Asset position	11	11
Liability position	(2)	(1)
Non-designated as hedging instruments \| Interest rate contracts \| Other Current Assets
Derivatives, Fair Value [Line Items]
Asset position	0	0
Liability position	0	0
Non-designated as hedging instruments \| Interest rate contracts \| Other Non- Current Assets
Derivatives, Fair Value [Line Items]
Asset position	11	11
Liability position	0	0
Non-designated as hedging instruments \| Interest rate contracts \| Other Current Liabilities
Derivatives, Fair Value [Line Items]
Asset position	0	0
Liability position	0	0
Non-designated as hedging instruments \| Interest rate contracts \| Other Non-Current Liabilities
Derivatives, Fair Value [Line Items]
Asset position	0	0
Liability position	$ (2)	$ (1)

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES - Gross amounts of derivative instruments, amounts offset due to master netting agreements (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Financial assets
Gross Amounts of Recognized Assets/ (Liabilities)	$ 350	$ 369
Gross Amounts Offset in the Statement of Financial Position	(208)	(286)
Net Amounts of Assets/ (Liabilities) Presented in the Statement of Financial Position	142	83
Financial Instruments	0	0
Cash Collateral Received or Pledged	(1)	0
Net Amount	141	83
Financial liabilities
Gross Amounts of Recognized Assets/ (Liabilities)	(267)	(470)
Gross Amounts Offset in the Statement of Financial Position	208	286
Net Amounts of Assets/ (Liabilities) Presented in the Statement of Financial Position	(59)	(184)
Financial Instruments	0	0
Cash Collateral Received or Pledged	0	0
Net Amount	(59)	(184)
Total derivative instruments
Gross Amounts of Recognized Assets/ (Liabilities)	83	(101)
Gross Amounts Offset in the Statement of Financial Position	0	0
Net Amounts of Assets/ (Liabilities) Presented in the Statement of Financial Position	83	(101)
Financial Instruments	0	0
Cash Collateral Received or Pledged	(1)	0
Net Amount	$ 82	$ (101)

GOODWILL AND INTANGIBLE ASSETS - Roll Forward of Goodwill Allocated to Business Segments (Details) $ in Millions	3 Months Ended
	May 04, 2018 USD ($)
Goodwill [Roll Forward]
Balances at beginning of period	$ 39,920
Impact of foreign currency translation	(194)
Goodwill divested	(69)
Other adjustments	(1)
Balances at end of period	39,656
Operating Segments \| Infrastructure Solutions Group
Goodwill [Roll Forward]
Balances at beginning of period	15,953
Impact of foreign currency translation	(152)
Goodwill divested	(69)
Other adjustments	(396)
Balances at end of period	15,336
Operating Segments \| Client Solutions Group
Goodwill [Roll Forward]
Balances at beginning of period	4,237
Impact of foreign currency translation	0
Goodwill divested	0
Other adjustments	0
Balances at end of period	4,237
Operating Segments \| VMware
Goodwill [Roll Forward]
Balances at beginning of period	15,635
Impact of foreign currency translation	0
Goodwill divested	0
Other adjustments	(1)
Balances at end of period	15,634
Operating Segments \| Other Businesses
Goodwill [Roll Forward]
Balances at beginning of period	4,095
Impact of foreign currency translation	(42)
Goodwill divested	0
Other adjustments	396
Balances at end of period	$ 4,449

GOODWILL AND INTANGIBLE ASSETS - Additional Information (Details) - USD ($)	3 Months Ended
	May 04, 2018	May 05, 2017	Nov. 03, 2017
Goodwill [Line Items]
Percentage of fair value over carrying amount for reporting unit			20.00%
Accumulated goodwill impairment charges	$ 0
Amortization expense related to definite-lived intangible assets	1,500,000,000	$ 1,800,000,000
Impairment charges related to intangible assets acquired	$ 0	$ 0
Core Storage, Servers and Networking \| Infrastructure Solutions Group
Goodwill [Line Items]
Percentage of fair value over carrying amount for reporting unit			18.00%

GOODWILL AND INTANGIBLE ASSETS - Schedule of Intangible Assets (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Finite-Lived Intangible Assets [Line Items]
Gross	$ 39,722	$ 39,755
Accumulated Amortization	(16,740)	(15,246)
Net	22,982	24,509
Total intangible assets
Gross	43,477	43,511
Accumulated Amortization	(16,740)	(15,246)
Net	26,737	28,265
Trade names
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets	3,755	3,756
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross	22,727	22,764
Accumulated Amortization	(9,397)	(8,637)
Net	13,330	14,127
Total intangible assets
Accumulated Amortization	(9,397)	(8,637)
Developed technology
Finite-Lived Intangible Assets [Line Items]
Gross	15,591	15,586
Accumulated Amortization	(6,881)	(6,196)
Net	8,710	9,390
Total intangible assets
Accumulated Amortization	(6,881)	(6,196)
Trade names
Finite-Lived Intangible Assets [Line Items]
Gross	1,276	1,277
Accumulated Amortization	(455)	(407)
Net	821	870
Total intangible assets
Accumulated Amortization	(455)	(407)
Leasehold assets (liabilities)
Finite-Lived Intangible Assets [Line Items]
Gross	128	128
Accumulated Amortization	(7)	(6)
Net	121	122
Total intangible assets
Accumulated Amortization	$ (7)	$ (6)

GOODWILL AND INTANGIBLE ASSETS - Schedule of Estimated Future Annual Pre-Tax Amortization Expense of Definite-Lived Intangible Assets (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
2019 (remaining nine months)	$ 4,554
2020	4,299
2021	3,361
2022	2,643
2023	1,759
Thereafter	6,366
Net	$ 22,982	$ 24,509

DEFERRED REVENUE - Additional Information (Narrative) (Details) $ in Billions	May 04, 2018 USD ($)
Revenue from Contract with Customer [Abstract]
Remaining performance obligations	$ 29

DEFERRED REVENUE - Remaining Performance Obligation, Expected Timing (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-05-05	3 Months Ended
	May 04, 2018
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Percentage	65.00%
Deferred revenue recognition period	12 months

DEFERRED REVENUE - Changes in Deferred Revenue (Details) $ in Millions	3 Months Ended
	May 04, 2018 USD ($)
Deferred revenue:
Deferred revenue at beginning of period	$ 20,816
Revenue deferrals for new contracts and changes in estimates for pre-existing contracts	5,337
Revenue recognized	(5,194)
Deferred revenue at end of period	20,959
Short-term deferred revenue	11,495
Long-term deferred revenue	$ 9,464

WARRANTY LIABILITY (Details) - USD ($) $ in Millions	3 Months Ended
WARRANTY LIABILITY (Details) - USD ($) $ in Millions	May 04, 2018	May 05, 2017	Feb. 02, 2018
Movement in Standard Product Warranty Accrual [Roll Forward]
Warranty liability at beginning of period	$ 539	$ 604
Costs accrued for new warranty contracts and changes in estimates for pre-existing warranties	194	240
Service obligations honored	(206)	(237)
Warranty liability at end of period	527	607
Current portion	358	420
Non-current portion	$ 169	$ 187	$ 172

COMMITMENTS AND CONTINGENCIES (Details) - Appraisal Proceedings - USD ($) $ / shares in Units, $ in Millions	1 Months Ended
	Jun. 12, 2018	May 04, 2018	Feb. 02, 2018	Oct. 29, 2013
Dell Inc.
Loss Contingencies [Line Items]
Liability recorded for each share				$ 13.75
Pending Litigation
Loss Contingencies [Line Items]
Fair value, appraisal proceedings (in dollars per share)				$ 17.62
Number of shares subject to appraisal proceedings (in shares)				5,505,630
Liability accrued		$ 108	$ 129
Subsequent Event
Loss Contingencies [Line Items]
Settlement amount	$ 70

INCOME AND OTHER TAXES (Details) - USD ($) $ in Millions	3 Months Ended
INCOME AND OTHER TAXES (Details) - USD ($) $ in Millions	May 04, 2018	May 05, 2017	Feb. 02, 2018
Income Tax Disclosure [Abstract]
Effective income tax rate	13.60%	34.80%
Provisional benefit	$ 300
Tax benefit related to the remeasurement of deferred tax assets and liabilities	1,300
Current and future income tax expenses related to the Transition Tax	1,000
Pre-tax losses	623	$ 1,844
Unrecognized tax benefits	$ 3,200		$ 3,200

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Components of Accumulated Other Comprehensive Income (Loss), Net of Tax (Details) - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017	Feb. 02, 2018	Feb. 03, 2017
AOCI [Roll Forward]
Balance, beginning of period	$ 17,485	$ 20,578
Adjustment for adoption of accounting standard (Note 1)			$ (5)	$ 84
Other comprehensive income (loss) before reclassifications	(228)
Amounts reclassified from accumulated other comprehensive income (loss)	30
Total other comprehensive income (loss), net of tax expense (benefit) of $(2) and $15, respectively	(256)
Less: Change in comprehensive loss attributable to non-controlling interests	(5)	3
Balance, end of period	16,980	19,139
Foreign Currency Translation Adjustments
AOCI [Roll Forward]
Balance, beginning of period	179
Balance, end of period	(163)
Foreign Currency Translation Adjustments Including Portion Attributable to Noncontrolling Interest
AOCI [Roll Forward]
Other comprehensive income (loss) before reclassifications	(342)
Total other comprehensive income (loss), net of tax expense (benefit) of $(2) and $15, respectively	(342)
Investments
AOCI [Roll Forward]
Balance, beginning of period	22
Adjustment for adoption of accounting standard (Note 1)			(61)
Balance, end of period	(44)
Investments Including Portion Attributable to Noncontrolling Interest
AOCI [Roll Forward]
Other comprehensive income (loss) before reclassifications	(7)
Amounts reclassified from accumulated other comprehensive income (loss)	(1)
Total other comprehensive income (loss), net of tax expense (benefit) of $(2) and $15, respectively	(69)
Investments Attributable to Noncontrolling Interests
AOCI [Roll Forward]
Less: Change in comprehensive loss attributable to non-controlling interests	(3)
Cash Flow Hedges
AOCI [Roll Forward]
Balance, beginning of period	(103)
Balance, end of period	51
Cash Flow Hedges Including Portion Attributable to Noncontrolling Interests
AOCI [Roll Forward]
Other comprehensive income (loss) before reclassifications	121
Amounts reclassified from accumulated other comprehensive income (loss)	31
Total other comprehensive income (loss), net of tax expense (benefit) of $(2) and $15, respectively	152
Cash Flow Hedges Attributable to Noncontrolling Interests
AOCI [Roll Forward]
Less: Change in comprehensive loss attributable to non-controlling interests	(2)
Pension and Other Postretirement Plans
AOCI [Roll Forward]
Balance, beginning of period	32
Adjustment for adoption of accounting standard (Note 1)			3
Balance, end of period	35
Pension and Other Postretirement Plans Including Portion Attributable to Noncontrolling Interest
AOCI [Roll Forward]
Total other comprehensive income (loss), net of tax expense (benefit) of $(2) and $15, respectively	3
Accumulated Other Comprehensive Income (Loss)
AOCI [Roll Forward]
Balance, beginning of period	130	(595)
Adjustment for adoption of accounting standard (Note 1)			$ (58)
Balance, end of period	$ (121)	$ (553)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Reclassifications Out of Accumulated Other Comprehensive Income (Loss), Net of Tax, to Net Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of net revenue	$ (15,478)	$ (13,543)
Interest and other, net	(470)	(572)
Net income (loss)	(538)	(1,203)
Total reclassifications, net of tax
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net revenue	(31)	17
Cost of net revenue	0	4
Interest and other, net	1	(1)
Net income (loss)	(30)	20
Total reclassifications, net of tax \| Investments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net revenue	0	0
Cost of net revenue	0	0
Interest and other, net	1	(1)
Net income (loss)	1	(1)
Total reclassifications, net of tax \| Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net revenue	(31)	17
Cost of net revenue	0	4
Interest and other, net	0	0
Net income (loss)	$ (31)	$ 21

NON-CONTROLLING INTERESTS - Additional Information (Narrative) (Details) $ in Millions	Apr. 24, 2018	May 04, 2018 USD ($)	Feb. 02, 2018 USD ($)	May 05, 2017 USD ($)	Feb. 03, 2017 USD ($)
Noncontrolling Interest [Line Items]
Non-controlling interests		$ 16,980	$ 17,485	$ 19,139	$ 20,578
Non-controlling interests
Noncontrolling Interest [Line Items]
Non-controlling interests		$ 6,495	$ 5,766	$ 5,930	$ 5,821
VMware, Inc.
Noncontrolling Interest [Line Items]
Outstanding equity interest held (as a percent)		81.40%	81.90%
VMware, Inc. \| Non-controlling interests
Noncontrolling Interest [Line Items]
Non-controlling interests		$ 5,500	$ 5,200
SecureWorks
Noncontrolling Interest [Line Items]
Outstanding equity interest held (as a percent)		86.60%	87.10%
Outstanding equity interest, including RSAs (as a percent)		85.70%	86.30%
SecureWorks \| Non-controlling interests
Noncontrolling Interest [Line Items]
Non-controlling interests		$ 96	$ 90
Pivotal
Noncontrolling Interest [Line Items]
Outstanding equity interest held (as a percent)		65.10%	77.10%
Debt Instrument, Convertible, Conversion Ratio	1
Pivotal \| Non-controlling interests
Noncontrolling Interest [Line Items]
Non-controlling interests		$ 927	$ 489

NON-CONTROLLING INTERESTS - Effect of Changes in Ownership Interests of Less than Wholly Owned Subsidiaries (Details) - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017
Noncontrolling Interest [Abstract]
Net loss attributable to Dell Technologies Inc.	$ (636)	$ (1,171)
Transfers (to) from the non-controlling interests:
Increase in Dell Technologies Inc. additional paid-in-capital for equity issuances and other equity activity	449
Decrease in Dell Technologies Inc. additional paid-in-capital for equity issuances and other equity activity	(376)
Net transfers from non-controlling interests	73
Change from net loss attributable to Dell Technologies Inc. and transfers to/from the non-controlling interests	$ (563)

EARNINGS (LOSS) PER SHARE - Additional Information (Narrative) (Details) shares in Millions	May 04, 2018 common_stock_group common_stock_class shares	Feb. 02, 2018 shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of groups of common stock \| common_stock_group	2
Outstanding	768	769
DHI Group
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of classes of common stock \| common_stock_class	4
Class V Common Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Outstanding	199
Class V Common Stock \| VMware, Inc.
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Outstanding	331
Class V Common Stock \| DHI Group Owners
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Retained economic interest (as a percent)	39.00%
Class V Common Stock \| Class V Common Stock Owners
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Economic interest (as a percent)	61.00%
Outstanding		199

EARNINGS (LOSS) PER SHARE - Schedule of Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017
Class V Common Stock
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Earnings (loss) per share attributable to Dell Technologies Inc. - basic (in dollars per share)	$ 2.36	$ 0.60
Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Earnings (loss) per share attributable to Dell Technologies Inc. - diluted (in dollars per share)	$ 2.33	$ 0.59
Numerator:
Net income (loss) - basic	$ 470	$ 125
Incremental dilution from VMware	(7)	(2)
Net income (loss) - diluted	$ 463	$ 123
Denominator: weighted-average shares outstanding
Weighted-average shares outstanding - basic (in shares)	199	207
Dilutive effect of options, restricted stock units, restricted stock, and other (in shares)	0	0
Weighted-average shares outstanding - diluted (in shares)	199	207
Weighted-average shares outstanding - antidilutive (in shares)	0	0
DHI Group
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
Earnings (loss) per share attributable to Dell Technologies Inc. - basic (in dollars per share)	$ (1.95)	$ (2.29)
Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
Earnings (loss) per share attributable to Dell Technologies Inc. - diluted (in dollars per share)	$ (1.95)	$ (2.29)
Numerator:
Net income (loss) - basic	$ (1,106)	$ (1,296)
Incremental dilution from VMware	(4)	(1)
Net income (loss) - diluted	$ (1,110)	$ (1,297)
Denominator: weighted-average shares outstanding
Weighted-average shares outstanding - basic (in shares)	568	566
Dilutive effect of options, restricted stock units, restricted stock, and other (in shares)	0	0
Weighted-average shares outstanding - diluted (in shares)	568	566
Weighted-average shares outstanding - antidilutive (in shares)	34	37

EARNINGS (LOSS) PER SHARE - Reconciliation of Net Income (Loss) From Continuing Operations (Details) - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net income (loss) attributable to Dell Technologies Inc.	$ (636)	$ (1,171)
Class V Common Stock
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net income (loss)	470	125
DHI Group
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net income (loss)	$ (1,106)	$ (1,296)

CAPITALIZATION - Additional Information (Narrative) (Details) - USD ($)	3 Months Ended
	May 04, 2018	May 05, 2017	Feb. 02, 2018	Aug. 04, 2017	Sep. 07, 2016
Class of Stock [Line Items]
Common stock, authorized (in shares)	9,143,000,000		9,143,000,000
Preferred stock, authorized (in shares)	1,000,000
Preferred stock, par value (in dollars per share)	$ 0.01
Preferred stock, issued (in shares)	0
Preferred stock, outstanding (in shares)	0
Common stock, par value (in dollars per share)	$ 0.01		$ 0.01
Outstanding	768,000,000		769,000,000
Aggregate purchase price	$ 37,000,000	$ 361,000,000
Class V Common Stock
Class of Stock [Line Items]
Common stock, authorized (in shares)	343,000,000		343,000,000
Outstanding	199,000,000
Stock repurchases, authorized amount	$ 2,100,000,000.0
Stock repurchases, remaining authorized amount	$ 676,000,000
Shares repurchased (in shares)	0	5,500,000
Aggregate purchase price	$ 0	$ 359,000,000
DHI Group
Class of Stock [Line Items]
Aggregate purchase price	$ 37,000,000	$ 2,000,000
Class A common stock
Class of Stock [Line Items]
Common stock, authorized (in shares)	600,000,000		600,000,000
Outstanding	410,000,000		410,000,000
Class A common stock \| VMware, Inc.
Class of Stock [Line Items]
Stock repurchases, authorized amount	$ 2,200,000,000.0
Stock repurchases, remaining authorized amount	$ 876,000,000
Shares repurchased (in shares)	0
Aggregate purchase price	$ 0
EMC merger transaction \| Class V Common Stock
Class of Stock [Line Items]
Shares authorized in connection with the merger transaction (in shares)					343,000,000
Class V Common Stock Owners \| Class V Common Stock
Class of Stock [Line Items]
Outstanding			199,000,000
Economic interest (as a percent)	61.00%
DHI Group Owners \| Class V Common Stock
Class of Stock [Line Items]
Retained economic interest (as a percent)	39.00%
Retained interest shares held (in shares)	127,000,000
VMware, Inc. \| Class V Common Stock
Class of Stock [Line Items]
Outstanding	331,000,000
Repurchase agreement between Dell Technologies Inc. and VMWare, Inc. \| Class A common stock \| VMware, Inc.
Class of Stock [Line Items]
Shares repurchased (in shares)		4,800,000
Aggregate purchase price		$ 425,000,000
Treasury Stock, Common, Shares		4,100,000		700,000
Open Market Share Repurchase [Member] \| Class A common stock \| VMware, Inc.
Class of Stock [Line Items]
Shares repurchased (in shares)		0
Aggregate purchase price		$ 0

CAPITALIZATION - Schedule of Stock by Class (Details) - shares shares in Millions	May 04, 2018	Feb. 02, 2018
Class of Stock [Line Items]
Authorized	9,143	9,143
Issued	793	794
Outstanding	768	769
Class A
Class of Stock [Line Items]
Authorized	600	600
Issued	410	410
Outstanding	410	410
Class B
Class of Stock [Line Items]
Authorized	200	200
Issued	137	137
Outstanding	137	137
Class C
Class of Stock [Line Items]
Authorized	7,900	7,900
Issued	23	24
Outstanding	22	23
Class D
Class of Stock [Line Items]
Authorized	100	100
Issued	0	0
Outstanding	0	0
Class V
Class of Stock [Line Items]
Authorized	343	343
Issued	223	223
Outstanding	199

REDEEMABLE SHARES (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	May 04, 2018	Feb. 02, 2018
Temporary Equity [Line Items]
Holding period	6 months
Redeemable shares classified as temporary equity	$ 844	$ 384
Common Stock
Temporary Equity [Line Items]
Redeemable shares issued (in shares)	2.3	2.9
Redeemable shares outstanding (in shares)	2.3	2.9
RSUs
Temporary Equity [Line Items]
Redeemable shares issued (in shares)	0.5	0.4
Redeemable shares outstanding (in shares)	0.5	0.4
RSAs
Temporary Equity [Line Items]
Redeemable shares issued (in shares)	0.1	0.1
Redeemable shares outstanding (in shares)	0.1	0.1
Stock options
Temporary Equity [Line Items]
Redeemable shares issued (in shares)	20.6	15.3
Redeemable shares outstanding (in shares)	20.6	15.3

SEGMENT INFORMATION - Additional Information (Narrative) (Details)	3 Months Ended
	May 04, 2018 segments product_group
Segment Reporting [Abstract]
Number of reportable segments \| segments	3
Number of product groups \| product_group	3

SEGMENT INFORMATION - Reconciliation of net revenue by reportable segments to consolidated net revenue (Details) - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017
Segment Reporting Information [Line Items]
Total net revenue	$ 21,356	$ 18,000
Consolidated operating income (loss)	(153)	(1,272)
Amortization of intangibles	(1,500)	(1,800)
Infrastructure Solutions Group
Segment Reporting Information [Line Items]
Total net revenue	8,667	6,961
Client Solutions Group
Segment Reporting Information [Line Items]
Total net revenue	10,271	9,048
VMware
Segment Reporting Information [Line Items]
Total net revenue	2,028	1,818
Operating segments
Segment Reporting Information [Line Items]
Total net revenue	20,966	17,827
Consolidated operating income (loss)	2,085	1,442
Operating segments \| Infrastructure Solutions Group
Segment Reporting Information [Line Items]
Total net revenue	8,667	6,961
Consolidated operating income (loss)	939	506
Operating segments \| Client Solutions Group
Segment Reporting Information [Line Items]
Total net revenue	10,271	9,048
Consolidated operating income (loss)	533	325
Operating segments \| VMware
Segment Reporting Information [Line Items]
Total net revenue	2,028	1,818
Consolidated operating income (loss)	613	611
Operating segments \| Other businesses
Segment Reporting Information [Line Items]
Total net revenue	579	529
Consolidated operating income (loss)	(50)	(23)
Unallocated transactions
Segment Reporting Information [Line Items]
Total net revenue	(2)	(1)
Consolidated operating income (loss)	(9)	6
Other corporate expenses	(269)	(307)
Reconciling items
Segment Reporting Information [Line Items]
Total net revenue	(187)	(355)
Impact of purchase accounting	(222)	(423)
Amortization of intangibles	(1,522)	(1,776)
Transaction-related expenses	$ (166)	$ (191)

SEGMENT INFORMATION - Net revenue and property, plant and equipment (Details) - USD ($) $ in Millions	3 Months Ended
	May 04, 2018	May 05, 2017
Net revenue:
Net revenue	$ 21,356	$ 18,000
Infrastructure Solutions Group
Net revenue:
Net revenue	8,667	6,961
Infrastructure Solutions Group \| Servers and networking
Net revenue:
Net revenue	4,585	3,256
Infrastructure Solutions Group \| Storage
Net revenue:
Net revenue	4,082	3,705
Client Solutions Group
Net revenue:
Net revenue	10,271	9,048
Client Solutions Group \| Commercial
Net revenue:
Net revenue	7,363	6,342
Client Solutions Group \| Consumer
Net revenue:
Net revenue	2,908	2,706
VMware
Net revenue:
Net revenue	2,028	1,818
Operating segments
Net revenue:
Net revenue	20,966	17,827
Operating segments \| Infrastructure Solutions Group
Net revenue:
Net revenue	8,667	6,961
Operating segments \| Client Solutions Group
Net revenue:
Net revenue	10,271	9,048
Operating segments \| VMware
Net revenue:
Net revenue	$ 2,028	$ 1,818

SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION - Information on selected accounts included in the statements of financial position (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018	May 05, 2017
Inventories, net:
Production materials	$ 1,136	$ 967
Work-in-process	611	514
Finished goods	1,186	1,197
Total inventories, net	2,933	2,678
Other non-current liabilities:
Warranty liability	169	172	$ 187
Deferred and other tax liabilities	6,334	6,590
Other	542	515
Total other non-current liabilities	$ 7,045	$ 7,277

SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION - Supplemental cash flow information (Details) - USD ($) $ in Millions	May 04, 2018	Feb. 02, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Cash and cash equivalents	$ 15,324	$ 13,942
Restricted cash - current assets	509	423
Restricted cash - other non-current assets	12	13
Total cash, cash equivalents, and restricted cash	$ 15,845	$ 14,378

SUBSEQUENT EVENTS (Details) - USD ($) $ in Millions			3 Months Ended
SUBSEQUENT EVENTS (Details) - USD ($) $ in Millions	Jun. 01, 2018	May 24, 2018	May 04, 2018	May 05, 2017	Sep. 07, 2016
Subsequent Event [Line Items]
Proceeds from credit facility			$ 1,863	$ 3,421
Repayments of debt			$ 1,822	$ 3,116
1.875% due June 2018 \| Unsecured Debt
Subsequent Event [Line Items]
Interest rate			1.875%		1.875%
1.875% due June 2018 \| Unsecured Debt \| Subsequent Event
Subsequent Event [Line Items]
Interest rate	1.875%
Repayments of debt	$ 2,500
Revolving Credit Facility \| China Revolving Credit Facility \| Subsequent Event
Subsequent Event [Line Items]
Proceeds from credit facility		$ 500