2022 Q2 Form 10-Q Financial Statement

#000157199622000021 Filed on June 06, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q2
Revenue $26.12B $27.99B $22.59B
YoY Change 15.61% 15.91% 12.51%
Cost Of Revenue $20.33B $24.01B $17.33B
YoY Change 17.35% 33.62% 15.17%
Gross Profit $5.784B $5.618B $5.264B
YoY Change 9.88% 1.7% 11.64%
Gross Profit Margin 22.15% 20.07% 23.3%
Selling, General & Admin $3.553B $3.658B
YoY Change -2.87% -25.13%
% of Gross Profit 61.43% 69.49%
Research & Development $681.0M $619.0M
YoY Change 10.02% -51.07%
% of Gross Profit 11.77% 11.76%
Depreciation & Amortization $726.0M $830.0M $1.239B
YoY Change -41.4% -39.55% -5.85%
% of Gross Profit 12.55% 14.77% 23.54%
Operating Expenses $4.234B -$2.383B $4.277B
YoY Change -1.01% -139.92% -30.47%
Operating Profit $1.550B $8.001B $987.0M
YoY Change 57.04% -1893.95% 40.6%
Interest Expense $265.0M $85.00M $433.0M
YoY Change -38.8% -115.95% -35.57%
% of Operating Profit 17.1% 1.06% 43.87%
Other Income/Expense, Net -$337.0M -$1.510B -$288.0M
YoY Change 17.01% 12483.33% -49.12%
Pretax Income $1.213B -$862.0M $699.0M
YoY Change 73.53% -152.82% 413.97%
Income Tax $144.0M -$98.00M $40.00M
% Of Pretax Income 11.87% 5.72%
Net Earnings $1.072B $2.000M $887.0M
YoY Change 20.86% -99.84% 520.28%
Net Earnings / Revenue 4.1% 0.01% 3.93%
Basic Earnings Per Share $1.42 $1.17
Diluted Earnings Per Share $1.374M $2.625K $1.13
COMMON SHARES
Basic Shares Outstanding 754.0M shares 757.0M shares
Diluted Shares Outstanding 780.0M shares 782.0M shares

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.654B $9.477B $14.24B
YoY Change -53.29% -33.27% 16.48%
Cash & Equivalents $6.654B $9.477B $14.24B
Short-Term Investments
Other Short-Term Assets $11.68B $11.53B $8.378B
YoY Change 39.42% 17.49% 12.65%
Inventory $6.277B $5.898B $3.828B
Prepaid Expenses $886.0M
Receivables $11.84B $12.91B $10.91B
Other Receivables $4.796B $5.089B $4.980B
Total Short-Term Assets $41.38B $45.03B $42.34B
YoY Change -2.27% 3.36% 3.44%
LONG-TERM ASSETS
Property, Plant & Equipment $5.516B $5.415B $6.557B
YoY Change -15.88% 12.04% 7.49%
Goodwill $19.60B $19.77B $40.84B
YoY Change -52.01% -1.29% 1.47%
Intangibles $7.217B $7.461B $13.73B
YoY Change -47.43% -18.15% -18.41%
Long-Term Investments $1.868B $1.839B $1.670B
YoY Change 11.86% 13.24% 71.46%
Other Assets $6.720B $6.985B $11.36B
YoY Change -40.83% 3.74% 8.72%
Total Long-Term Assets $47.03B $47.70B $79.41B
YoY Change -40.78% -40.26% 0.14%
TOTAL ASSETS
Total Short-Term Assets $41.38B $45.03B $42.34B
Total Long-Term Assets $47.03B $47.70B $79.41B
Total Assets $88.41B $92.74B $121.8B
YoY Change -27.39% -24.86% 1.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.59B $27.14B $21.55B
YoY Change 18.75% 25.83% 16.89%
Accrued Expenses $6.598B $7.578B $7.728B
YoY Change -14.62% 5.75% -4.27%
Deferred Revenue $14.33B $14.26B $13.64B
YoY Change 5.04% 8.03% -7.62%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.925B $5.823B $8.748B
YoY Change -32.27% -8.47% 4.45%
Total Short-Term Liabilities $53.06B $56.22B $54.86B
YoY Change -3.28% 3.86% 9.69%
LONG-TERM LIABILITIES
Long-Term Debt $21.20B $21.13B $37.94B
YoY Change -44.12% -35.7% -21.55%
Other Long-Term Liabilities $3.431B $3.653B $5.276B
YoY Change -34.97% -6.88% -1.2%
Total Long-Term Liabilities $24.63B $24.78B $43.21B
YoY Change -43.01% -32.63% -19.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $53.06B $56.22B $54.86B
Total Long-Term Liabilities $24.63B $24.78B $43.21B
Total Liabilities $90.76B $94.32B $112.6B
YoY Change -19.4% -18.26% -3.39%
SHAREHOLDERS EQUITY
Retained Earnings -$7.369B -$8.188B -$12.86B
YoY Change -42.72% -40.46% -23.69%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.446B $964.0M $305.0M
YoY Change 701.97% 216.07% 0.0%
Treasury Stock Shares
Shareholders Equity -$2.462B -$1.685B $3.487B
YoY Change
Total Liabilities & Shareholders Equity $88.41B $92.74B $121.8B
YoY Change -27.39% -24.86% 1.26%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q2
OPERATING ACTIVITIES
Net Income $1.072B $2.000M $887.0M
YoY Change 20.86% -99.84% 520.28%
Depreciation, Depletion And Amortization $726.0M $830.0M $1.239B
YoY Change -41.4% -39.55% -5.85%
Cash From Operating Activities -$269.0M $3.093B $2.238B
YoY Change -112.02% -47.37% -381.16%
INVESTING ACTIVITIES
Capital Expenditures $690.0M -$740.0M $625.0M
YoY Change 10.4% 48.59% 11.81%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$4.000M -$7.000M -$6.000M
YoY Change -33.33% -158.33% -108.11%
Cash From Investing Activities -$720.0M -$747.0M -$519.0M
YoY Change 38.73% 53.7% 7.01%
FINANCING ACTIVITIES
Cash Dividend Paid $248.0M $0.00
YoY Change
Common Stock Issuance & Retirement, Net $1.779B $9.000M
YoY Change 19666.67% -96.25%
Debt Paid & Issued, Net $2.703B $4.070B
YoY Change -33.59% -24.7%
Cash From Financing Activities -$1.706B -15.58B -$1.638B
YoY Change 4.15% 531.58% -138.41%
NET CHANGE
Cash From Operating Activities -$269.0M 3.093B $2.238B
Cash From Investing Activities -$720.0M -747.0M -$519.0M
Cash From Financing Activities -$1.706B -15.58B -$1.638B
Net Change In Cash -$2.806B -13.24B $76.00M
YoY Change -3792.11% -552.63% -97.33%
FREE CASH FLOW
Cash From Operating Activities -$269.0M $3.093B $2.238B
Capital Expenditures $690.0M -$740.0M $625.0M
Free Cash Flow -$959.0M $3.833B $1.613B
YoY Change -159.45% -39.87% -219.04%

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CY2022Q2 us-gaap Basis Of Accounting
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OVERVIEW AND BASIS OF PRESENTATION<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Dell Technologies Inc. is a leading global end-to-end technology provider that offers a broad range of comprehensive and integrated solutions, which include servers and networking products, storage products, cloud solutions products, desktops, notebooks, services, software, and third-party software and peripherals. 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%;text-decoration:underline">Basis of Presentation</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%">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 28, 2022. 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 the Company as of April 29, 2022 and January 28, 2022 and the results of its operations, corresponding comprehensive income, and its cash flows for the three months ended April 29, 2022 and April 30, 2021.</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</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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, and cash flows for the three months ended April 29, 2022 and April 30, 2021 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 28, 2022 (“Fiscal 2022”) was a 52-week period while the fiscal year ending February 3, 2023 (“Fiscal 2023”) will be a 53-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%;text-decoration:underline">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 Inc., its wholly-owned subsidiaries, and the accounts of SecureWorks Corp. (“Secureworks”), 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-style:italic;font-weight:400;line-height:120%">Secureworks</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — As of April 29, 2022 and January 28, 2022, the Company held approximately 82.9% and 83.9%, respectively, of the outstanding equity interest in Secureworks, excluding restricted stock awards (“RSAs”), and approximately 82.5% and 83.1%, respectively, of the equity interest, including RSAs. The portion of the results of operations of Secureworks allocable to its other owners is shown as net income attributable to the non-controlling interests in the Condensed Consolidated Statements of Income, as an adjustment to net income attributable to Dell Technologies stockholders. The non-controlling interests’ share of equity in Secureworks is reflected as a component of the non-controlling interests in the Condensed Consolidated Statements of Financial Position and was $107 million and $105 million as of April 29, 2022 and January 28, 2022, respectively.</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%">Variable Interest Entities</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company also consolidates Variable Interest Entities ("VIEs") where it has been determined that the Company is the primary beneficiary of the applicable entities’ operations. For each VIE, the primary beneficiary is the party that has both the power to direct the activities that most significantly impact the VIE's economic performance and the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to such VIE. In evaluating whether the Company is the primary beneficiary of each entity, the Company evaluates its power to direct the most significant activities of the VIE by considering the purpose and design of each entity and the risks each entity was designed to create and pass through to its respective variable interest holders. The Company also evaluates its economic interests in each of the VIEs. See Note 5 of the Notes to the Condensed Consolidated Financial Statements for more information regarding consolidated VIEs.</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%">Spin-Off of VMware, Inc.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — On November 1, 2021, the Company completed its spin-off of VMware, Inc. (NYSE: VMW) (individually and together with its consolidated subsidiaries, “VMware”) by means of a special stock dividend (the “VMware Spin-off”). The VMware Spin-off was effectuated pursuant to a Separation and Distribution Agreement, dated as of April 14, 2021, between Dell Technologies and VMware (the “Separation and Distribution Agreement”).</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Pursuant to the Commercial Framework Agreement (the “CFA”) between Dell Technologies and VMware, Dell Technologies continues to act as a distributor of VMware’s standalone products and services and purchase such products and services for resale to customers. Dell Technologies also continues to integrate VMware’s products and services with Dell Technologies’ offerings and sell them to customers. The results of such operations are presented as continuing operations within the Company’s Condensed Consolidated Statements of Income for all periods presented.</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%">In accordance with applicable accounting guidance, the results of VMware, excluding Dell Technologies' resale of VMware offerings, are presented as discontinued operations in the Condensed Consolidated Statements of Income and, as such, have been excluded from both continuing operations and segment results for the three months ended April 30, 2021. The Condensed Consolidated Statements of Cash Flows are presented on a consolidated basis for both continuing operations and discontinued operations. See Note 2 of the Notes to the Condensed Consolidated Financial Statements for additional information on the VMware Spin-off.</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%">Boomi Divestiture </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— On October 1, 2021, Dell Technologies completed the sale of Boomi, Inc. (“Boomi”) and certain related assets. At the completion of the sale, the Company received total cash consideration of approximately $4.0 billion, resulting in a pre-tax gain on sale of $4.0 billion recognized in interest and other, net on the Condensed Consolidated Statements of Income. The Company ultimately recorded a $3.0 billion gain, net of $1.0 billion in tax expense. The transaction was intended to support general corporate purposes and fuel growth initiatives through targeted investments to modernize Dell Technologies’ core infrastructure and by expanding in high-priority areas, including hybrid and private cloud, edge, telecommunications solutions, and the Company’s APEX offerings. Prior to the divestiture, Boomi’s operating results were included within other businesses and the divestiture did not qualify for presentation as a discontinued operation. </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 Contract Assets and Contract Liabilities from Contracts with Customers — </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In October 2021, the Financial Accounting Standards Board (“FASB”) issued guidance which requires companies to apply Topic 606, Revenue from Contracts with Customers, to recognize and measure contract assets and contract liabilities from contracts with customers acquired in a business combination. Public entities must adopt the new guidance for fiscal years beginning after December 15, 2022 and interim periods within those fiscal years, with early adoption permitted. The Company is currently evaluating the impact and timing of adoption of this guidance.</span></div>Reference Rate Reform — In March 2020, the FASB issued guidance which provides temporary optional expedients and exceptions to GAAP guidance on contract modifications and certain hedging relationships to ease the financial reporting burdens related to the expected market transition from the London Interbank Offered Rate to alternative reference rates. The Company may elect to apply the amendments prospectively through December 31, 2022. Adoption of the new guidance is not expected to have a material impact on the Company’s financial results.
CY2022Q2 us-gaap Use Of Estimates
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<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</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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, and cash flows for the three months ended April 29, 2022 and April 30, 2021 are not necessarily indicative of the results to be expected for the full fiscal year or for any other fiscal period.</span></div>
CY2022Q2 us-gaap Fiscal Period
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The Company’s fiscal year is the 52- or 53-week period ending on the Friday nearest January 31. The fiscal year ended January 28, 2022 (“Fiscal 2022”) was a 52-week period while the fiscal year ending February 3, 2023 (“Fiscal 2023”) will be a 53-week period.
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9300000000 USD
CY2022Q2 us-gaap Equity Securities Fv Ni
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CY2022Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
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471000000 USD
CY2022Q1 us-gaap Derivative Assets
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253000000 USD
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2509000000 USD
CY2022Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
4076000000 USD
CY2022Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
180000000 USD
CY2022Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
138000000 USD
CY2022Q2 us-gaap Liabilities Fair Value Disclosure
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180000000 USD
CY2022Q1 us-gaap Liabilities Fair Value Disclosure
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138000000 USD
CY2022Q2 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
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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 financial instrument portfolio. See Note 8 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>
CY2022Q2 us-gaap Deferred Compensation Plan Assets
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CY2022Q1 us-gaap Deferred Compensation Plan Assets
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CY2022Q2 us-gaap Investments
Investments
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CY2022Q1 us-gaap Investments
Investments
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CY2022Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
78000000 USD
CY2022Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
131000000 USD
CY2022Q2 us-gaap Available For Sale Securities Debt Securities
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61000000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
126000000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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79000000 USD
CY2022Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
119000000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Securities
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86000000 USD
CY2022Q2 us-gaap Held To Maturity Securities
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668000000 USD
CY2022Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
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910000000 USD
CY2022Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
65000000 USD
CY2022Q2 us-gaap Held To Maturity Securities Fair Value
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CY2022Q1 us-gaap Held To Maturity Securities
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CY2022Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
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900000000 USD
CY2022Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
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52000000 USD
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CY2022Q2 us-gaap Debt Securities Available For Sale And Held To Maturity Amortized Cost Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCostBeforeAllowanceForCreditLoss
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CY2022Q2 us-gaap Debt Securities Available For Sale And Held To Maturity Cumulative Unrecognized Gain
DebtSecuritiesAvailableForSaleAndHeldToMaturityCumulativeUnrecognizedGain
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CY2022Q2 us-gaap Debt Securities Available For Sale And Held To Maturity Cumulative Unrecognized Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityCumulativeUnrecognizedLoss
196000000 USD
CY2022Q2 us-gaap Debt Securities Available For Sale And Held To Maturity Fair Value
DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue
1574000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale And Held To Maturity Amortized Cost Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCostBeforeAllowanceForCreditLoss
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CY2022Q1 us-gaap Debt Securities Available For Sale And Held To Maturity Cumulative Unrecognized Gain
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CY2022Q1 us-gaap Debt Securities Available For Sale And Held To Maturity Cumulative Unrecognized Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityCumulativeUnrecognizedLoss
171000000 USD
CY2022Q1 us-gaap Debt Securities Available For Sale And Held To Maturity Fair Value
DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue
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MarketableSecuritiesUnrealizedGain
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CY2021Q2 dell Marketable Securities Unrealized Gain
MarketableSecuritiesUnrealizedGain
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CY2022Q2 dell Marketable Securities Unrealized Loss
MarketableSecuritiesUnrealizedLoss
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CY2021Q2 dell Marketable Securities Unrealized Loss
MarketableSecuritiesUnrealizedLoss
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CY2022Q2 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
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CY2021Q2 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
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CY2022Q2 dell Non Marketable Securities Unrealized Gain
NonMarketableSecuritiesUnrealizedGain
21000000 USD
CY2021Q2 dell Non Marketable Securities Unrealized Gain
NonMarketableSecuritiesUnrealizedGain
182000000 USD
CY2022Q2 dell Non Marketable Securities Unrealized Loss
NonMarketableSecuritiesUnrealizedLoss
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CY2021Q2 dell Non Marketable Securities Unrealized Loss
NonMarketableSecuritiesUnrealizedLoss
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CY2022Q2 dell Non Marketable Securities Unrealized Gain Loss
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CY2021Q2 dell Non Marketable Securities Unrealized Gain Loss
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CY2021Q2 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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CY2021Q2 us-gaap Payments To Acquire Finance Receivables
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CY2022Q1 us-gaap Notes Receivable Net
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CY2021Q2 us-gaap Sales Type Lease Revenue
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CY2022Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
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CY2022Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
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CY2022Q2 dell Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years And Thereafter
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CY2022Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
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CY2022Q1 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
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CY2021Q2 us-gaap Operating Lease Lease Income
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CY2022Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
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CY2022Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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CY2022Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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CY2022Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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CY2022Q2 us-gaap Lessor Operating Lease Payments To Be Received
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CY2022Q2 us-gaap Financing Receivable Significant Sales
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CY2021Q2 us-gaap Financing Receivable Significant Sales
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CY2022Q2 us-gaap Operating Lease Cost
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CY2021Q2 us-gaap Operating Lease Cost
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CY2022Q2 us-gaap Variable Lease Cost
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CY2021Q2 us-gaap Variable Lease Cost
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CY2022Q2 us-gaap Lease Cost
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CY2021Q2 us-gaap Lease Cost
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CY2022Q2 us-gaap Operating Lease Right Of Use Asset
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CY2022Q1 us-gaap Operating Lease Right Of Use Asset
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CY2022Q2 us-gaap Operating Lease Liability Current
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CY2022Q1 us-gaap Operating Lease Liability Current
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CY2022Q2 us-gaap Operating Lease Liability Noncurrent
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CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2022Q2 us-gaap Operating Lease Liability
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CY2022Q1 us-gaap Operating Lease Liability
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CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2021Q2 us-gaap Operating Lease Payments
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CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
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CY2022Q2 us-gaap Operating Lease Liability
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CY2022Q2 us-gaap Operating Lease Liability Noncurrent
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CY2022Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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CY2021Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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CY2022Q1 us-gaap Derivative Assets Liabilities At Fair Value Net
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CY2022Q2 us-gaap Derivative Asset Fair Value Gross Liability
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CY2022Q2 us-gaap Derivative Liabilities
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CY2022Q2 us-gaap Derivative Collateral Right To Reclaim Cash
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291000000 USD
CY2022Q2 dell Derivative Asset Liability Fair Value Gross Liability
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CY2022Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
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CY2022Q2 dell Derivative Collateral Obligation To Return Right To Reclaim Securities
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CY2022Q2 dell Derivative Collateral Obligation To Return Right To Reclaim Cash
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CY2022Q1 us-gaap Derivative Asset Fair Value Gross Liability
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CY2022Q1 us-gaap Derivative Assets
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