XML 18 R7.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Oct. 30, 2020
Nov. 01, 2019
[1]
Operating activities:    
Net income $ 1,267 $ 6,040
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 757 626
Stock-based compensation 869 705
Deferred income taxes, net (177) (5,138)
Unrealized (gain) loss on equity securities, net (197) (30)
(Gain) loss on disposition of assets, revaluation and impairment, net 22 (4)
Loss on extinguishment of debt 8 0
Other 0 4
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable 102 164
Other current assets and other assets (622) (444)
Due to/from related parties, net 785 299
Accounts payable (4) 14
Accrued expenses and other liabilities 393 (82)
Income taxes payable (53) 15
Unearned revenue (65) 618
Net cash provided by operating activities 3,085 2,787
Investing activities:    
Additions to property and equipment (247) (215)
Purchases of strategic investments (16) (18)
Proceeds from disposition of assets 21 22
Business combinations, net of cash acquired, and purchases of intangible assets (390) (2,437)
Net cash paid on disposition of a business 0 (4)
Net cash used in investing activities (632) (2,652)
Financing activities:    
Proceeds from issuance of common stock 264 294
Net proceeds from issuance of long-term debt 1,979 0
Borrowings under term loan, net of issuance costs 0 1,993
Repayment of term loan (1,500) (1,400)
Repayment of current portion of long-term debt (1,257) 0
Repurchase of common stock (566) (1,279)
Shares repurchased for tax withholdings on vesting of restricted stock (319) (393)
Payment to acquire non-controlling interests (91) 0
Contribution from Dell 0 27
Principal payments on finance lease obligations (3) (1)
Net cash used in financing activities (1,493) (759)
Net increase (decrease) in cash, cash equivalents and restricted cash 960 (624)
Cash, cash equivalents and restricted cash at beginning of the period 3,031 3,596
Cash, cash equivalents and restricted cash at end of the period 3,991 2,972
Supplemental disclosures of cash flow information:    
Cash paid for interest 142 131
Cash paid for taxes, net 393 283
Non-cash items:    
Changes in capital additions, accrued but not paid (18) 5
Changes in tax withholdings on vesting of restricted stock, accrued but not paid $ (4) $ 49
[1] 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).