BUSINESS COMBINATIONS, GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jul. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The following table presents goodwill allocated to the Company’s reportable segments and changes in the carrying amount of goodwill as of the dates indicated:

	Infrastructure Solutions Group		Client Solutions Group		VMware		Other Businesses (a)		Total
	(in millions)
Balance as of January 31, 2020	$	15,089	$	4,237	$	20,532	$	1,833	$	41,691
Goodwill acquired (b)	—		—		218		—		218
Impact of foreign currency translation	111		—		—		7		118
Reclassification to assets held for sale (c)	—		—		—		(1,383)		(1,383)
Balance as of July 31, 2020	$	15,200	$	4,237	$	20,750	$	457	$	40,644

____________________

(a) As of July 31, 2020, goodwill allocated to Other businesses consists of Secureworks, Virtustream, and Boomi.

(b) VMware, Inc. business combinations completed during the six months ended July 31, 2020, as discussed above.

(c) During the six months ended July 31, 2020, RSA Security’s goodwill was reclassified to current assets held for sale on the Condensed Consolidated Statements of Financial Position due to the Company’s entry into a definitive agreement to sell RSA Security. See Note 1 and Note 19 of the Notes to the Condensed Consolidated Financial Statements for additional information about the divestiture of RSA Security.

Schedule of definite-lived intangible assets

The following table presents the Company’s intangible assets as of the dates indicated:

	July 31, 2020						January 31, 2020
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	(in millions)
Customer relationships	$	22,392	$	(14,555)	$	7,837	$	22,950	$	(13,821)	$	9,129
Developed technology	15,451		(11,384)		4,067		15,707		(10,974)		4,733
Trade names	1,267		(862)		405		1,306		(816)		490
Definite-lived intangible assets	39,110		(26,801)		12,309		39,963		(25,611)		14,352
Indefinite-lived trade names	3,755		—		3,755		3,755		—		3,755
Total intangible assets	$	42,865	$	(26,801)	$	16,064	$	43,718	$	(25,611)	$	18,107

Schedule of indefinite-lived intangible assets

The following table presents the Company’s intangible assets as of the dates indicated:

	July 31, 2020						January 31, 2020
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	(in millions)
Customer relationships	$	22,392	$	(14,555)	$	7,837	$	22,950	$	(13,821)	$	9,129
Developed technology	15,451		(11,384)		4,067		15,707		(10,974)		4,733
Trade names	1,267		(862)		405		1,306		(816)		490
Definite-lived intangible assets	39,110		(26,801)		12,309		39,963		(25,611)		14,352
Indefinite-lived trade names	3,755		—		3,755		3,755		—		3,755
Total intangible assets	$	42,865	$	(26,801)	$	16,064	$	43,718	$	(25,611)	$	18,107

Estimated future annual pre-tax amortization expense

The following table presents the estimated future annual pre-tax amortization expense of definite-lived intangible assets as of the date indicated:

	July 31, 2020
Fiscal Years	(in millions)
2021 (remaining six months)	$	1,687
2022	2,685
2023	1,808
2024	1,444
2025	1,101
Thereafter	3,584
Total	$	12,309