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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jul. 31, 2020
Aug. 02, 2019
Jul. 31, 2020
Aug. 02, 2019
Revenue:        
Revenue [1],[2] $ 2,875 $ 2,632 [3] $ 5,609 $ 5,082 [3]
Operating expenses:        
Research and development [1],[4] 679 614 [3] 1,344 1,204 [3]
Sales and marketing [1],[4] 897 888 [3] 1,814 1,756 [3]
General and administrative [1],[4] 277 223 [3] 523 432 [3]
Realignment and loss on disposition [1],[4] 0 0 [3] 4 0 [3]
Operating income 534 466 [3] 953 820 [3]
Investment income 1 14 [3] 7 28 [3]
Interest expense (55) (34) [3] (104) (68) [3]
Other income (expense), net 15 41 [3] 8 58 [3]
Total income before income tax 495 487 [3] 864 838 [3]
Income tax provision (benefit) 48 (4,798) [3] 31 (4,812) [3]
Net income 447 5,285 [3] 833 5,650 [3]
Less: Net loss attributable to non-controlling interests 0 (18) [3] 0 (33) [3]
Net income attributable to VMware, Inc. $ 447 $ 5,303 [3] $ 833 $ 5,683 [3]
Net income per weighted-average share attributable to VMware, Inc. common stockholders, basic for Classes A and B (in USD per share) $ 1.06 $ 12.72 [3] $ 1.99 $ 13.62 [3]
Net income per weighted-average share attributable to VMware, Inc. common stockholders, diluted for Classes A and B (in USD per share) $ 1.06 $ 12.47 [3] $ 1.97 $ 13.34 [3]
Weighted-average shares, basic for Classes A and B (in shares) 420,031 416,983 [3] 419,208 417,310 [3]
Weighted-average shares, diluted for Classes A and B (in shares) 423,050 425,091 [3] 422,428 426,044 [3]
Cost of license revenue        
Operating expenses:        
Stock-based compensation $ 0 $ 0 $ 1 $ 1
Cost of subscription and SaaS revenue        
Operating expenses:        
Stock-based compensation 5 3 9 6
Cost of services revenue        
Operating expenses:        
Stock-based compensation 26 20 48 38
Research and development        
Operating expenses:        
Stock-based compensation 132 109 257 211
Sales and marketing        
Operating expenses:        
Stock-based compensation 88 68 159 129
General and administrative        
Operating expenses:        
Stock-based compensation 42 34 91 64
License        
Revenue:        
Revenue [1],[2] 719 773 [3] 1,379 1,419 [3]
Operating expenses:        
Cost of revenue [1],[4] 35 38 [3] 74 74 [3]
License | Dell        
Revenue:        
Revenue 364 360 687 639
Subscription and SaaS        
Revenue:        
Revenue [1],[2] 631 439 [3] 1,204 850 [3]
Operating expenses:        
Cost of revenue [1],[4] 132 97 [3] 258 191 [3]
Subscription and SaaS | Dell        
Revenue:        
Revenue 122 79 237 151
Services        
Revenue:        
Revenue [1],[2] 1,525 1,420 [3] 3,026 2,813 [3]
Operating expenses:        
Cost of revenue [1],[4] 321 306 [3] 639 605 [3]
Services | Dell        
Revenue:        
Revenue $ 478 $ 350 $ 921 $ 676
[1] Effective the fourth quarter of fiscal 2020, revenue recognized from subscription and SaaS offerings, as well as the related cost of subscription and SaaS revenue, are being presented separately (refer to Note A).
[2] Includes related party revenue as follows (refer to Note C):License$364 $360 $687 $639Subscription and SaaS122 79 237 151Services478 350 921 676
[3] Adjusted to reflect the recast of prior period information due to the Pivotal Software, Inc. (“Pivotal”) acquisition in fiscal 2020, which was accounted for as a transaction between entities under common control (refer to Note A).
[4] Includes stock-based compensation as follows:Cost of license revenue$— $— $1 $1Cost of subscription and SaaS revenue5 3 9 6Cost of services revenue26 20 48 38Research and development132 109 257 211Sales and marketing88 68 159 129General and administrative42 34 91 64