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SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION (Tables)
 9 Months Ended
Oct. 30, 2020
Condensed Financial Information Disclosure [Abstract]  
Information on selected accounts
The following table presents additional information on selected accounts included in the Condensed Consolidated Statements of Financial Position as of the dates indicated:
 October 30, 2020January 31, 2020
 (in millions)
Cash, cash equivalents, and restricted cash:
Cash and cash equivalents$11,304 $9,302 
Restricted cash - other current assets (a)761 730 
Restricted cash - other non-current assets (a)92 119 
Total cash, cash equivalents, and restricted cash$12,157 $10,151 
Inventories, net:
Production materials$1,687 $1,590 
Work-in-process710 563 
Finished goods996 1,128 
Total inventories, net$3,393 $3,281 
Other non-current assets:
Deferred and other tax assets $6,127 $5,960 
Operating lease ROU assets 2,179 1,780 
Deferred commissions1,028 998 
Other1,727 1,690 
Total other non-current assets$11,061 $10,428 
Other non-current liabilities:
Deferred and other tax liabilities$2,184 $3,110 
Operating lease liabilities1,829 1,360 
Warranty liability130 155 
Other1,290 758 
Total other non-current liabilities$5,433 $5,383 
____________________
(a)    Restricted cash primarily includes cash required to be held in escrow pursuant to DFS securitization arrangements and VMware, Inc. restricted cash.
Trade Receivables — Allowance for Expected Credit Losses
The following table presents the changes in the Company’s allowance for expected credit losses for the periods indicated:
Three Months EndedNine Months Ended
October 30, 2020October 30, 2020
(in millions)
Trade Receivables - Allowance for expected credit losses:
Balance at beginning of period$146 $94 
Adjustment for adoption of the new CECL standard (Note 1)
— 27 
Provision charged to income statement(4)43 
Bad debt write-offs(27)(49)
Balance at end of period$115 $115 
Liability for standard limited warranties
The following table presents changes in the Company’s liability for standard limited warranties for the periods indicated:
Three Months EndedNine Months Ended
October 30, 2020November 1, 2019October 30, 2020November 1, 2019
(in millions)
Warranty liability:
Warranty liability at beginning of period$479 $525 $496 $524 
Costs accrued for new warranty contracts and changes in estimates for pre-existing warranties (a) (b)219 211 573 651 
Service obligations honored(206)(216)(577)(655)
Warranty liability at end of period$492 $520 $492 $520 
Current portion$362 $351 $362 $351 
Non-current portion$130 $169 $130 $169 
____________________
(a)Changes in cost estimates related to pre-existing warranties are aggregated with accruals for new standard warranty contracts. The Company’s warranty liability process does not differentiate between estimates made for pre-existing warranties and new warranty obligations.
(b)Includes the impact of foreign currency exchange rate fluctuations.
Interest and other, net
The following table provides information regarding interest and other, net for the periods indicated:
Three Months EndedNine Months Ended
 October 30, 2020November 1, 2019October 30, 2020November 1, 2019
 (in millions)
Interest and other, net:    
Investment income, primarily interest$11 $41 $47 $127 
Gain on investments, net (a)489 18 591 160 
Interest expense(566)(654)(1,855)(2,045)
Foreign exchange(31)(43)(130)(123)
Other (b)370 (39)418 (119)
Total interest and other, net$273 $(677)$(929)$(2,000)
____________________
(a)Includes a $465 million gain on the fair value adjustment of a strategic investment during three months ended October 30, 2020. See Note 3 of the Notes to the Condensed Consolidated Financial Statements for more information.
(b)Includes a pre-tax gain of $338 million on the sale of RSA Security during three months ended October 30, 2020. See Note 1 of the Notes to the Condensed Consolidated Financial Statements for more information.
Activity related to severance liability The following table presents the activity related to the Company’s severance liability for the periods indicated:
Three Months EndedNine Months Ended
October 30, 2020November 1, 2019October 30, 2020November 1, 2019
(in millions)
Severance liability:
Severance liability at beginning of period$168 $115 $196 $146 
Severance charges to provision226 44 417 141 
Cash paid and other (a)(181)(44)(400)(172)
Severance liability at end of period$213 $115 $213 $115 
____________________
(a)Other adjustments include the impact of foreign currency exchange rate fluctuations.
Severance charges
The following table presents severance charges as included in the Condensed Consolidated Statements of Income (Loss) for the periods indicated:
Three Months EndedNine Months Ended
October 30, 2020November 1, 2019October 30, 2020November 1, 2019
(in millions)
Severance charges:
Cost of net revenue$46 $— $58 $14 
Selling, general, and administrative139 31 308 103 
Research and development41 13 51 24 
Total severance charges$226 $44 $417 $141