SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION (Tables)

3 Months Ended

Apr. 29, 2022

Condensed Financial Information Disclosure [Abstract]

The following table presents additional information on selected asset accounts included in the Condensed Consolidated Statements of Financial Position as of the dates indicated:


	April 29, 2022		January 28, 2022
	(in millions)
Cash, cash equivalents, and restricted cash:
Cash and cash equivalents	$	6,654	$	9,477
Restricted cash - other current assets (a)	546		534
Restricted cash - other non-current assets (a)	76		71
Total cash, cash equivalents, and restricted cash	$	7,276	$	10,082
Inventories, net:
Production materials	$	4,123	$	3,653
Work-in-process	885		855
Finished goods	1,269		1,390
Total inventories, net	$	6,277	$	5,898


Deferred Costs:
Total deferred costs, current (b)	$	4,979	$	4,996
Property, plant, and equipment, net:
Computer equipment	$	6,851	$	6,497
Land and buildings	3,052		3,095
Machinery and other equipment	2,798		2,714
Total property, plant, and equipment	12,701		12,306
Accumulated depreciation and amortization	(7,185)		(6,891)
Total property, plant, and equipment, net	$	5,516	$	5,415

____________________

(a) Restricted cash includes cash required to be held in escrow pursuant to DFS securitization arrangements.

(b) Deferred costs are included in other current assets in the Condensed Consolidated Statements of Financial Position.

Liability for standard limited warranties

Warranty Liability

The following table presents changes in the Company’s liability for standard limited warranties for the periods indicated:


	Three Months Ended
		April 29, 2022		April 30, 2021
		(in millions)
Warranty liability:
Warranty liability at beginning of period		$	480	$	473
Costs accrued for new warranty contracts and changes in estimates for pre-existing warranties (a)		223		202
Service obligations honored		(235)		(217)
Warranty liability at end of period		$	468	$	458

____________________

(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 those made for new warranty obligations.

Interest and other, net

The following table presents information regarding interest and other, net for the periods indicated:


	Three Months Ended
	April 29, 2022		April 30, 2021
	(in millions)
Interest and other, net:
Investment income, primarily interest	$	15	$	10
Gain on investments, net	14		193
Interest expense	(265)		(433)
Foreign exchange	(89)		(52)


Other	(12)		(6)
Total interest and other, net	$	(337)	$	(288)