2020 Q4 Form 10-Q Financial Statement

#000157199620000051 Filed on December 07, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4
Revenue $21.59B $22.84B
YoY Change -5.49% 1.61%
Cost Of Revenue $16.22B $15.72B
YoY Change 3.2% -4.96%
Gross Profit $5.024B $7.126B
YoY Change -29.5% 19.91%
Gross Profit Margin 23.27% 31.19%
Selling, General & Admin $4.772B $5.028B
YoY Change -5.09% -2.54%
% of Gross Profit 94.98% 70.56%
Research & Development $1.360B $1.262B
YoY Change 7.77% 10.7%
% of Gross Profit 27.07% 17.71%
Depreciation & Amortization $1.361B $1.494B
YoY Change -8.9% -23.81%
% of Gross Profit 27.09% 20.97%
Operating Expenses $6.132B $6.290B
YoY Change -2.51% -0.14%
Operating Profit $1.129B $836.0M
YoY Change 35.05% -334.83%
Interest Expense $566.0M $654.0M
YoY Change -13.46% -211.04%
% of Operating Profit 50.13% 78.23%
Other Income/Expense, Net $273.0M -$677.0M
YoY Change -140.32% 5.95%
Pretax Income $1.402B $159.0M
YoY Change 781.76% -115.9%
Income Tax $521.0M -$393.0M
% Of Pretax Income 37.16% -247.17%
Net Earnings $832.0M $499.0M
YoY Change 66.73% -156.96%
Net Earnings / Revenue 3.85% 2.18%
Basic Earnings Per Share $1.11 $0.69
Diluted Earnings Per Share $1.08 $0.66
COMMON SHARES
Basic Shares Outstanding 747.0M shares 725.0M shares
Diluted Shares Outstanding 771.0M shares 750.0M shares

Balance Sheet

Concept 2020 Q4 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.30B $8.555B
YoY Change 32.13% -51.04%
Cash & Equivalents $11.30B $8.555B
Short-Term Investments
Other Short-Term Assets $7.668B $6.924B
YoY Change 10.75% 7.43%
Inventory $3.393B $3.257B
Prepaid Expenses
Receivables $11.38B $11.45B
Other Receivables $4.872B $4.589B
Total Short-Term Assets $38.61B $34.77B
YoY Change 11.05% -19.06%
LONG-TERM ASSETS
Property, Plant & Equipment $6.344B $5.787B
YoY Change 9.63% 10.69%
Goodwill $40.64B $41.69B
YoY Change -2.51% 5.14%
Intangibles $15.26B $19.17B
YoY Change -20.43% -19.39%
Long-Term Investments $1.655B $838.0M
YoY Change 97.49% -71.8%
Other Assets $11.06B $10.09B
YoY Change 9.62% 273.98%
Total Long-Term Assets $80.33B $82.04B
YoY Change -2.08% 4.8%
TOTAL ASSETS
Total Short-Term Assets $38.61B $34.77B
Total Long-Term Assets $80.33B $82.04B
Total Assets $118.9B $116.8B
YoY Change 1.83% -3.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.79B $19.44B
YoY Change 1.79% -1.54%
Accrued Expenses $8.715B $8.161B
YoY Change 6.79% 7.3%
Deferred Revenue $15.26B $13.79B
YoY Change 10.68% 14.14%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.536B $7.664B
YoY Change -14.72% -5.96%
Total Short-Term Liabilities $50.30B $49.06B
YoY Change 2.54% 3.09%
LONG-TERM LIABILITIES
Long-Term Debt $43.33B $44.73B
YoY Change -3.13% 10.42%
Other Long-Term Liabilities $5.433B $6.105B
YoY Change -11.01% -7.04%
Total Long-Term Liabilities $48.76B $50.83B
YoY Change -4.08% 7.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $50.30B $49.06B
Total Long-Term Liabilities $48.76B $50.83B
Total Liabilities $112.5B $112.0B
YoY Change 0.43% 6.95%
SHAREHOLDERS EQUITY
Retained Earnings -$14.98B -$17.30B
YoY Change -13.42% 96.29%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $305.0M $65.00M
YoY Change 369.23% -95.63%
Treasury Stock Shares
Shareholders Equity $883.0M -$1.804B
YoY Change
Total Liabilities & Shareholders Equity $118.9B $116.8B
YoY Change 1.83% -3.65%

Cashflow Statement

Concept 2020 Q4 2019 Q4
OPERATING ACTIVITIES
Net Income $832.0M $499.0M
YoY Change 66.73% -156.96%
Depreciation, Depletion And Amortization $1.361B $1.494B
YoY Change -8.9% -23.81%
Cash From Operating Activities $2.994B $1.821B
YoY Change 64.42% 118.61%
INVESTING ACTIVITIES
Capital Expenditures -$480.0M -$617.0M
YoY Change -22.2% 49.39%
Acquisitions
YoY Change
Other Investing Activities $1.915B -$2.082B
YoY Change -191.98% -688.14%
Cash From Investing Activities $1.435B -$2.699B
YoY Change -153.17% 4474.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.310B 322.0M
YoY Change -1438.51% -137.57%
NET CHANGE
Cash From Operating Activities 2.994B 1.821B
Cash From Investing Activities 1.435B -2.699B
Cash From Financing Activities -4.310B 322.0M
Net Change In Cash 119.0M -556.0M
YoY Change -121.4% 569.88%
FREE CASH FLOW
Cash From Operating Activities $2.994B $1.821B
Capital Expenditures -$480.0M -$617.0M
Free Cash Flow $3.474B $2.438B
YoY Change 42.49% 95.67%

Facts In Submission

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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 1 — BASIS OF PRESENTATION </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">References in these Notes to the Condensed Consolidated Financial Statements to the “Company” or “Dell Technologies” mean Dell Technologies Inc. individually and together with its consolidated subsidiaries.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Basis of Presentation — </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 January 31, 2020. 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 October 30, 2020 and January 31, 2020, the results of its operations and corresponding comprehensive income (loss) for the three and nine months ended October 30, 2020 and November 1, 2019, and its cash flows for the nine months ended October 30, 2020 and November 1, 2019.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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. Management has considered the potential economic implications of the outbreak of the coronavirus disease 2019 (“COVID-19”) pandemic on the Company’s critical and significant accounting estimates. Actual results could differ materially from those estimates. The results of operations and comprehensive income (loss) for the three and nine months ended October 30, 2020 and November 1, 2019 and the cash flows for the nine months ended October 30, 2020 and November 1, 2019 are not necessarily indicative of the results to be expected for the full fiscal year or for any other fiscal period.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s fiscal year is the 52- or 53-week period ending on the Friday nearest January 31. The fiscal year ended January 31, 2020 (“Fiscal 2020”) was a 52-week period, and the fiscal year ending January 29, 2021 (“Fiscal 2021”) will be a 52-week period.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Principles of Consolidation </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— These Condensed Consolidated Financial Statements include the accounts of Dell Technologies and its wholly-owned subsidiaries, as well as the accounts of VMware, Inc. and SecureWorks Corp. (“Secureworks”), each of which is majority-owned by Dell Technologies. All intercompany transactions have been eliminated.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Revenue Reclassification </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— For the fiscal year ended January 31, 2020, Dell Technologies made certain reclassifications of net revenue between the products and services categories on the Consolidated Statements of Income (Loss), which impacted previously reported amounts for the three and nine months ended November 1, 2019. The reclassifications were made to provide a more meaningful representation of the nature of certain service and software-as-a-service offerings of VMware, Inc. Prior period results were recast to conform with these changes, and resulted in an increase to services revenue and an equal and offsetting decrease to product revenue of $210 million and $584 million for the three and nine months ended November 1, 2019, respectively. Total net revenue as previously reported remains unchanged. The Company did not recast cost of goods sold for the related revenue reclassifications due to immateriality. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">RSA Security Divestiture</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%"> — On February 18, 2020, Dell Technologies announced its entry into a definitive agreement with a consortium led by Symphony Technology Group, Ontario Teachers’ Pension Plan Board and AlpInvest Partners to sell RSA Security. On September 1, 2020, the parties closed the transaction. At the completion of the sale, the Company received total cash consideration of approximately $2.082 billion, resulting in a pre-tax gain on sale of $338 million. The Company ultimately recorded a $21 million loss, net of $359 million in tax expense due to the relatively low tax basis for the assets sold, particularly goodwill. The transaction included the sale of RSA Archer, RSA NetWitness Platform, RSA SecurID, RSA Fraud and Risk Intelligence, and RSA Conference and was intended to further simplify Dell Technologies’ product portfolio and corporate structure. Prior to the divestiture, RSA Security’s operating results were included within Other businesses and did not qualify for presentation as a discontinued operation.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">VMware, Inc. Acquisition of Pivotal </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— On December 30, 2019, VMware, Inc. completed its acquisition of Pivotal Software, Inc. (“Pivotal”) from the Company by merger (the “Pivotal acquisition”), with Pivotal surviving the merger as a wholly-owned subsidiary of VMware, Inc. Each outstanding share of Pivotal’s Class A common stock (other than shares held by Pivotal stockholders who properly exercised their appraisal rights under Delaware law) was converted into the right to receive $15.00 in cash, without interest, and each outstanding share of Pivotal’s Class B common stock was converted into the right to receive 0.0550 of a share of Class B common stock of VMware, Inc. Dell Technologies, which held all outstanding shares of Pivotal’s Class B common stock, received approximately 7.2 million shares of Class B common stock of VMware, Inc. in the transaction. As of the transaction date, Pivotal’s Class A common stock (NYSE: PVTL) ceased to be listed and traded on the New York Stock Exchange (“NYSE”).</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Due to the Company’s ownership of a controlling interest in Pivotal, the Company and VMware, Inc. accounted for the acquisition of the controlling interest in Pivotal as a transaction between entities under common control, and, consequently, the transaction had no net effect to the Company’s consolidated financial statements. Subsequent to the Pivotal acquisition, Pivotal operates as a wholly-owned subsidiary of VMware, Inc. and Dell Technologies reports Pivotal results within the VMware reportable segment. Prior to the Pivotal acquisition, Pivotal results were reported within Other businesses. This change in Pivotal segment classification was reflected retrospectively and is presented in Note 17 of the Notes to the Condensed Consolidated Financial Statements.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Class V Transaction</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> —</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On December 28, 2018, the Company completed a transaction (the “Class V transaction”) in which it paid $14.0 billion in cash and issued 149,387,617 shares of its Class C Common Stock to holders of its Class V Common Stock in exchange for all outstanding shares of Class V Common Stock. The non-cash consideration portion of the Class V transaction totaled $6.9 billion. As a result of the Class V transaction, the tracking stock feature of the Company’s capital structure associated with the Class V Common Stock was terminated. The Class C Common Stock is traded on the NYSE.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The merger pursuant to which the Class V transaction was effected and the Class V transaction have been accounted for as a hybrid liability and equity transaction involving the repurchase of outstanding common stock, with the consideration consisting of a variable combination of cash and shares. Upon settlement, the accounting for the Class V transaction reflected that the outstanding Class V Common Stock was canceled and exchanged for shares of Class C Common Stock at $120.00 per share in cash or combination of cash and shares, depending on each holder’s election and subject to proration of the cash elections. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">EMC Merger Transaction</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — On September 7, 2016, the Company completed its acquisition of EMC Corporation (“EMC”) by merger (the “EMC merger transaction”). The consolidated results of EMC are included in Dell Technologies’ consolidated results presented in these financial statements.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Recently Issued Accounting Pronouncements</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In August 2020, the Financial Accounting Standards Board (“FASB”) issued guidance to simplify the accounting for convertible debt instruments and convertible preferred stock, and the derivatives scope exception for contracts in an entity's own equity. In addition, the guidance on calculating diluted earnings per share has been simplified and made more internally consistent. Public entities must adopt the new guidance for fiscal years beginning after December 15, 2021, and interim periods within those fiscal years, with early adoption permitted for fiscal periods beginning after December 15, 2020. The Company will early adopt this guidance for the fiscal year beginning January 30, 2021 on a modified retrospective basis. Adoption of the new guidance is not expected to have a material impact on the Company’s financial results.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Simplifying Accounting for Income Taxes </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In December 2019, the FASB issued guidance to simplify the accounting for income taxes by removing certain exceptions to the general principles in Topic 740, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Income Taxes</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, and by clarifying and amending existing guidance in order to improve consistent application of GAAP for other areas of Topic 740. Public entities must adopt the new guidance for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years, with early adoption permitted for fiscal periods beginning after December 15, 2019. The Company will adopt this guidance for the fiscal year beginning January 30, 2021. The Company is currently evaluating the impact of adoption of this guidance.</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Recently Adopted Accounting Pronouncements</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Measurement of Credit Losses on Financial Instruments</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> 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 (the “current expected credit losses model” or “CECL model”) that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. Under the CECL model, the allowance for losses on financial assets, measured at amortized cost, reflects management’s estimate of credit losses over the remaining expected life of such assets. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company adopted the standard (the “new CECL standard”) as of February 1, 2020 using the modified retrospective method, with the cumulative-effect adjustment to the opening balance of stockholders’ equity (deficit) as of the adoption date. The cumulative effect of adopting the new CECL standard resulted in an increase of $111 million and $27 million to the allowance for expected credit losses within financing receivables, net and accounts receivable, net, respectively, on the Condensed Consolidated Statements of Financial Position, and a corresponding decrease of $28 million to other non-current liabilities related to deferred taxes and $110 million to stockholders’ equity (deficit) as of February 1, 2020. See Note 2, Note 4, and Note 18 of the Notes to the Condensed Consolidated Financial Statements for additional information about the Company’s allowance for financing receivables losses and allowance for expected credit losses of accounts receivable.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Intangibles - Goodwill and Other - Internal-Use Software </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In August 2018, the FASB issued guidance on a customer’s accounting for implementation costs incurred in a cloud-computing arrangement when hosted by a vendor. The guidance provides that, in a hosting arrangement that is a service contract, certain implementation costs should be capitalized and amortized over the term of the arrangement. The Company adopted the standard (the “new cloud computing standard”) during the three months ended May 1, 2020 using the prospective method. The impact of the adoption of this standard was immaterial to the Condensed Consolidated Financial Statements.</span></div>
CY2020Q1 us-gaap Equity Securities Fv Ni
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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. Management has considered the potential economic implications of the outbreak of the coronavirus disease 2019 (“COVID-19”) pandemic on the Company’s critical and significant accounting estimates. Actual results could differ materially from those estimates. The results of operations and comprehensive income (loss) for the three and nine months ended October 30, 2020 and November 1, 2019 and the cash flows for the nine months ended October 30, 2020 and November 1, 2019 are not necessarily indicative of the results to be expected for the full fiscal year or for any other fiscal period.
us-gaap Fiscal Period
FiscalPeriod
The Company’s fiscal year is the 52- or 53-week period ending on the Friday nearest January 31. The fiscal year ended January 31, 2020 (“Fiscal 2020”) was a 52-week period, and the fiscal year ending January 29, 2021 (“Fiscal 2021”) will be a 52-week period.
CY2020Q4 us-gaap Equity Securities Fv Ni
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CY2020Q1 us-gaap Assets Fair Value Disclosure
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CY2020Q4 us-gaap Derivative Liabilities
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CY2020Q1 us-gaap Derivative Liabilities
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CY2020Q4 us-gaap Liabilities Fair Value Disclosure
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CY2020Q1 us-gaap Liabilities Fair Value Disclosure
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Derivative Instruments</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — 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.</span><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 line 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.</span></div>
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CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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CY2020Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
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112000000 USD
us-gaap Equity Securities Without Readily Determinable Fair Value Downward Price Adjustment Annual Amount
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CY2020Q4 us-gaap Payments To Acquire Finance Receivables
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CY2019Q4 us-gaap Payments To Acquire Finance Receivables
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us-gaap Payments To Acquire Finance Receivables
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us-gaap Payments To Acquire Finance Receivables
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CY2020Q1 us-gaap Notes Receivable Net
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CY2020Q4 us-gaap Notes And Loans Receivable Net Current
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CY2019Q4 us-gaap Sales Type Lease Interest Income Lease Receivable
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us-gaap Sales Type Lease Interest Income Lease Receivable
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us-gaap Sales Type Lease Interest Income Lease Receivable
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CY2020Q4 us-gaap Sales Type Lease Revenue
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CY2019Q4 us-gaap Sales Type Lease Revenue
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us-gaap Sales Type Lease Revenue
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us-gaap Sales Type Lease Revenue
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CY2020Q4 us-gaap Cost Of Goods Sold Sales Type Lease
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CY2019Q4 us-gaap Cost Of Goods Sold Sales Type Lease
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us-gaap Cost Of Goods Sold Sales Type Lease
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us-gaap Cost Of Goods Sold Sales Type Lease
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CY2020Q4 dell Salestype Lease Gross Profit
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CY2019Q4 dell Salestype Lease Gross Profit
SalestypeLeaseGrossProfit
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dell Salestype Lease Gross Profit
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dell Salestype Lease Gross Profit
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CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
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CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
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CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
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CY2020Q4 dell Salestype And Direct Financing Leases Lease Receivable Payments To Be Received Four Years And Thereafter
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CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
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CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable
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CY2019Q4 us-gaap Operating Lease Lease Income
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us-gaap Operating Lease Lease Income
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us-gaap Operating Lease Lease Income
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CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
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CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received
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us-gaap Financing Receivable Significant Sales
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us-gaap Financing Receivable Significant Sales
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CY2019Q4 us-gaap Operating Lease Cost
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us-gaap Operating Lease Cost
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us-gaap Operating Lease Cost
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CY2020Q4 us-gaap Variable Lease Cost
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CY2019Q4 us-gaap Variable Lease Cost
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us-gaap Variable Lease Cost
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us-gaap Variable Lease Cost
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CY2020Q4 us-gaap Lease Cost
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CY2019Q4 us-gaap Lease Cost
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us-gaap Lease Cost
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us-gaap Lease Cost
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CY2020Q1 us-gaap Operating Lease Right Of Use Asset
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CY2020Q1 us-gaap Operating Lease Liability Current
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CY2020Q4 us-gaap Operating Lease Liability Noncurrent
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CY2020Q1 us-gaap Operating Lease Liability Noncurrent
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CY2020Q4 us-gaap Operating Lease Liability
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CY2020Q1 us-gaap Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2020Q4 us-gaap Debt Instrument Carrying Amount
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CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2020Q4 us-gaap Debt Instrument Carrying Amount
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CY2020Q4 dell Debt Instrument Unamortized Discount Premiumand Debt Issuance Costs Net Next Twelve Months
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10000000 USD
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CY2020Q4 dell Debt Instrument Unamortized Discount Premiumand Debt Issuance Costs Net Year Three
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CY2020Q4 dell Debt Instrument Unamortized Discount Premiumand Debt Issuance Costs Net Year Four
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CY2020Q4 dell Debt Instrument Unamortized Discount Premiumand Debt Issuance Costs Net After Year Four
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CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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2014000000 USD
CY2020Q4 dell Longterm Debt Maturities Repaymentsof Principal Next Twelve Months Net
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5130000000 USD
CY2020Q4 dell Longterm Debt Maturities Repaymentsof Principalin Year Two Net
LongtermDebtMaturitiesRepaymentsofPrincipalinYearTwoNet
8438000000 USD
CY2020Q4 dell Longterm Debt Maturities Repaymentsof Principalin Year Three Net
LongtermDebtMaturitiesRepaymentsofPrincipalinYearThreeNet
8858000000 USD
CY2020Q4 dell Longterm Debt Maturities Repaymentsof Principalin Year Four Net
LongtermDebtMaturitiesRepaymentsofPrincipalinYearFourNet
3289000000 USD
CY2020Q4 dell Longterm Debt Maturities Repaymentsof Principal After Year Four Net
LongtermDebtMaturitiesRepaymentsofPrincipalAfterYearFourNet
22132000000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
49861000000 USD
CY2020Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
45000000 USD
CY2020Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-84000000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-47000000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
71000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-45000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
24000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
210000000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
197000000 USD
CY2020Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-126000000 USD
CY2019Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
14000000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
44000000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-67000000 USD
CY2020Q4 dell Derivative Asset Liability Fair Value Gross Asset
DerivativeAssetLiabilityFairValueGrossAsset
-129000000 USD
CY2020Q1 dell Derivative Asset Liability Fair Value Gross Asset
DerivativeAssetLiabilityFairValueGrossAsset
13000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
209000000 USD
CY2020Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
157000000 USD
CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
52000000 USD
CY2020Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2020Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
52000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
338000000 USD
CY2020Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
157000000 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
181000000 USD
CY2020Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 USD
CY2020Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
-4000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
185000000 USD
CY2020Q4 dell Derivative Asset Liability Fair Value Gross Asset
DerivativeAssetLiabilityFairValueGrossAsset
-129000000 USD
CY2020Q4 dell Derivative Asset Liability Fair Value Gross Liability
DerivativeAssetLiabilityFairValueGrossLiability
0 USD
CY2020Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-129000000 USD
CY2020Q4 dell Derivative Collateral Obligation To Return Right To Reclaim Securities
DerivativeCollateralObligationToReturnRightToReclaimSecurities
0 USD
CY2020Q4 dell Derivative Collateral Obligation To Return Right To Reclaim Cash
DerivativeCollateralObligationToReturnRightToReclaimCash
4000000 USD
CY2020Q4 us-gaap Derivative Fair Value Amount Offset Against Collateral Net
DerivativeFairValueAmountOffsetAgainstCollateralNet
-133000000 USD
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
299000000 USD
CY2020Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
218000000 USD
CY2020Q1 us-gaap Derivative Assets
DerivativeAssets
81000000 USD
CY2020Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2020Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
81000000 USD
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
286000000 USD
CY2020Q1 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
218000000 USD
CY2020Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
68000000 USD
CY2020Q1 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 USD
CY2020Q1 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
15000000 USD
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
53000000 USD
CY2020Q1 dell Derivative Asset Liability Fair Value Gross Asset
DerivativeAssetLiabilityFairValueGrossAsset
13000000 USD
CY2020Q1 dell Derivative Asset Liability Fair Value Gross Liability
DerivativeAssetLiabilityFairValueGrossLiability
0 USD
CY2020Q1 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
13000000 USD
CY2020Q1 dell Derivative Collateral Obligation To Return Right To Reclaim Securities
DerivativeCollateralObligationToReturnRightToReclaimSecurities
0 USD
CY2020Q1 dell Derivative Collateral Obligation To Return Right To Reclaim Cash
DerivativeCollateralObligationToReturnRightToReclaimCash
-15000000 USD
CY2020Q1 us-gaap Derivative Fair Value Amount Offset Against Collateral Net
DerivativeFairValueAmountOffsetAgainstCollateralNet
28000000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
41691000000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
238000000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-99000000 USD
us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
1385000000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
40643000000 USD
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
266000000 USD
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
266000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
39149000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27647000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
11502000000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
39963000000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
25611000000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14352000000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
42904000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27647000000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
15257000000 USD
CY2020Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
43718000000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
25611000000 USD
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18107000000 USD
CY2020Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000000 USD
CY2019Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1100000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2500000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3300000000 USD
CY2020Q4 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
266000000 USD
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
266000000 USD
CY2020Q2 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
120000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
846000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2698000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1820000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1451000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1101000000 USD
CY2020Q4 dell Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
3586000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
11502000000 USD
CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
28791000000 USD
CY2019Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
25348000000 USD
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
27800000000 USD
CY2019Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
24010000000 USD
CY2020Q4 dell Contractwith Customer Liability Increase For Cash Receipts And Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractwithCustomerLiabilityIncreaseForCashReceiptsAndCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
5432000000 USD
CY2019Q4 dell Contractwith Customer Liability Increase For Cash Receipts And Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractwithCustomerLiabilityIncreaseForCashReceiptsAndCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
5326000000 USD
dell Contractwith Customer Liability Increase For Cash Receipts And Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractwithCustomerLiabilityIncreaseForCashReceiptsAndCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
17560000000 USD
dell Contractwith Customer Liability Increase For Cash Receipts And Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractwithCustomerLiabilityIncreaseForCashReceiptsAndCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
16201000000 USD
CY2020Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5542000000 USD
CY2019Q4 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4922000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
16418000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
14459000000 USD
CY2020Q4 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
0 USD
CY2019Q4 us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
151000000 USD
us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
-261000000 USD
us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
151000000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
28681000000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
25903000000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
28681000000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
25903000000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
15259000000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
13787000000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
15259000000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
13787000000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
13422000000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
12116000000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
13422000000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
12116000000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
38000000000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.63
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2020Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.372
CY2019Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-2.472
CY2020Q4 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
1400000000 USD
CY2019Q4 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
159000000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.061
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
54.821
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
2000000000.0 USD
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
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dell Effective Income Tax Rate Reconciliation Intra Entity Asset Transfer
EffectiveIncomeTaxRateReconciliationIntraEntityAssetTransfer
59000000 USD
dell Effective Income Tax Rate Reconciliation Intra Entity Asset Transfer
EffectiveIncomeTaxRateReconciliationIntraEntityAssetTransfer
4900000000 USD
CY2019Q4 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-305000000 USD
us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-305000000 USD
CY2020Q3 dell Income Tax Examination Payment For Settlement
IncomeTaxExaminationPaymentForSettlement
435000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1400000000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2500000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
177000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
21000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Issuance Of Equity By Subsidiary To Noncontrolling Interests
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIssuanceOfEquityBySubsidiaryToNoncontrollingInterests
774000000 USD
dell Consolidation Lessthan Wholly Owned Subsidiary Parent Ownership Interest Changes Other
ConsolidationLessthanWhollyOwnedSubsidiaryParentOwnershipInterestChangesOther
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us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
70000000 USD
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
2093000000 USD
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
9143000000 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
757000000 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
9143000000 shares
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
745000000 shares
CY2020Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
743000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
1400000000 USD
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.11
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.73
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.84
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.08
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.64
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.50
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
832000000 USD
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
499000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2023000000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4208000000 USD
CY2020Q4 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-3000000 USD
CY2019Q4 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-6000000 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-8000000 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-81000000 USD
CY2020Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
829000000 USD
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
493000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2015000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
4127000000 USD
CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
747000000 shares
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
725000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
742000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
720000000 shares
CY2020Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
24000000 shares
CY2019Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
25000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
22000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
30000000 shares
CY2020Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
771000000 shares
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
750000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
764000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
750000000 shares
CY2020Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2019Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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dell Sharebased Compensation Arrangement By Sharebased Payment Award Options And Equity Instruments Other Than Options Put Feature Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsAndEquityInstrumentsOtherThanOptionsPutFeatureExpirationPeriod
P2Y
CY2020Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
527000000 USD
CY2020Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
629000000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
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CY2020Q4 us-gaap Revenues
Revenues
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CY2019Q4 us-gaap Revenues
Revenues
22844000000 USD
us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
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CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1129000000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
836000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2967000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1905000000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
761000000 USD
CY2020Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
730000000 USD
CY2020Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
92000000 USD
CY2020Q1 us-gaap Restricted Cash Noncurrent
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