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DEFERRED REVENUE
 3 Months Ended
May 01, 2026
Revenue from Contract with Customer [Abstract]  
DEFERRED REVENUE DEFERRED REVENUE
Deferred revenue consists of support and deployment services, software maintenance, training, software-as-a-service, and undelivered hardware and professional services, consisting of installations and consulting engagements. Deferred revenue is recorded when the Company has invoiced or payments have been received for undelivered products or services, or in situations where revenue recognition criteria have not been met. Revenue is recognized as the Company’s performance obligations under the contract are completed.

The following table presents the changes in the Company’s deferred revenue for the periods indicated:
Three Months Ended
May 1, 2026May 2, 2025
(in millions)
Deferred revenue at beginning of period$26,930 $25,965 
Revenue deferrals5,540 5,455 
Revenue recognized(5,018)(5,100)
Deferred revenue at end of period$27,452 $26,320 
Short-term$13,193 $13,907 
Long-term$14,259 $12,413 

Remaining Performance Obligations

Remaining performance obligations represent the aggregate amount of the transaction price allocated to performance obligations not delivered, or partially undelivered, as of the end of the reporting period. Remaining performance obligations include deferred revenue plus unbilled amounts not yet recorded in deferred revenue. The value of the transaction price allocated to remaining performance obligations as of May 1, 2026 was approximately $97 billion. The Company expects to recognize approximately 80% of remaining performance obligations as revenue in the next twelve months, approximately 10% in the following twelve months, and the remainder thereafter.

The aggregate amount of the transaction price allocated to remaining performance obligations does not include amounts owed under cancelable contracts where there is no substantive termination penalty. The Company applied the practical expedient to exclude the value of remaining performance obligations for contracts for which revenue is recognized at the amount to which the Company has the right to invoice for services performed.

Remaining performance obligation estimates are subject to change and are affected by multiple factors, including terminations, changes in the scope of contracts, periodic revalidation, adjustments for revenue that have not materialized, and adjustments for currency.