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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Oct. 30, 2020
Nov. 01, 2019
Oct. 30, 2020
Nov. 01, 2019
Revenue:        
Revenue [1],[2] $ 2,864 $ 2,656 [3] $ 8,473 $ 7,738 [3]
Operating expenses:        
Research and development [1],[4] 714 642 [3] 2,058 1,846 [3]
Sales and marketing [1],[4] 912 918 [3] 2,727 2,674 [3]
General and administrative [1],[4] 250 269 [3] 773 701 [3]
Realignment [1],[3] 44 0 [4] 47 0 [4]
Operating income 428 371 [3] 1,380 1,191 [3]
Investment income 1 12 [3] 7 40 [3]
Interest expense (52) (40) [3] (156) (108) [3]
Other income (expense), net 177 17 [3] 186 75 [3]
Total income before income tax 554 360 [3] 1,417 1,198 [3]
Income tax provision (benefit) 120 (30) [3] 150 (4,842) [3]
Net income 434 390 [3] 1,267 6,040 [3]
Less: Net loss attributable to non-controlling interests 0 (17) [3] 0 (50) [3]
Net income attributable to VMware, Inc. $ 434 $ 407 [3] $ 1,267 $ 6,090 [3]
Net income per weighted-average share attributable to VMware, Inc. common stockholders, basic for Classes A and B (in USD per share) $ 1.03 $ 0.98 [3] $ 3.02 $ 14.60 [3]
Net income per weighted-average share attributable to VMware, Inc. common stockholders, diluted for Classes A and B (in USD per share) $ 1.02 $ 0.96 [3] $ 3.00 $ 14.32 [3]
Weighted-average shares, basic for Classes A and B (in shares) 420,857 416,387 [3] 419,758 417,002 [3]
Weighted-average shares, diluted for Classes A and B (in shares) 423,400 423,035 [3] 423,093 425,366 [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 4 3 13 10
Cost of services revenue        
Operating expenses:        
Stock-based compensation 25 20 74 58
Research and development        
Operating expenses:        
Stock-based compensation 140 118 397 328
Sales and marketing        
Operating expenses:        
Stock-based compensation 85 76 243 204
General and administrative        
Operating expenses:        
Stock-based compensation 50 39 141 104
License        
Revenue:        
Revenue [1],[2] 639 728 [3] 2,019 2,147 [3]
Operating expenses:        
Cost of revenue [1],[4] 44 42 [3] 119 116 [3]
License | Dell        
Revenue:        
Revenue 289 353 976 992
Subscription and SaaS        
Revenue:        
Revenue [1],[2] 676 470 [3] 1,880 1,320 [3]
Operating expenses:        
Cost of revenue [1],[4] 142 103 [3] 400 294 [3]
Subscription and SaaS | Dell        
Revenue:        
Revenue 136 88 373 239
Services        
Revenue:        
Revenue [1],[2] 1,549 1,458 [3] 4,574 4,271 [3]
Operating expenses:        
Cost of revenue [1],[4] 330 311 [3] 969 916 [3]
Services | Dell        
Revenue:        
Revenue $ 518 $ 376 $ 1,439 $ 1,052
[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$289 $353 $976 $992Subscription and SaaS136 88 373 239Services518 376 1,439 1,052
[3] Adjusted to reflect the recast of prior period information due to the Pivotal Software, Inc. (“Pivotal”) acquisition in fiscal 2020, which was accounted for as a transaction between entities under common control (refer to Note A).
[4] Includes stock-based compensation as follows:Cost of license revenue$— $— $1 $1Cost of subscription and SaaS revenue4 3 13 10Cost of services revenue25 20 74 58Research and development140 118 397 328Sales and marketing85 76 243 204General and administrative50 39 141 104