v3.26.1
SUPPLEMENTAL CONSOLIDATED FINANCIAL INFORMATION (Tables)
 3 Months Ended
May 01, 2026
Condensed Financial Information Disclosure [Abstract]  
Schedule of Information on Selected Assets
The following table presents additional information on selected assets included in the Condensed Consolidated Statements of Financial Position as of the dates indicated:
 May 1, 2026January 30, 2026
 (in millions)
Cash, cash equivalents, and restricted cash:
Cash and cash equivalents$11,578 $11,528 
Restricted cash (a)175 178 
Total cash, cash equivalents, and restricted cash$11,753 $11,706 
Inventories:
Production materials$10,634 $6,696 
Work-in-process3,483 2,772 
Finished goods935 969 
Total inventories$15,052 $10,437 
Prepaid expenses:
Total prepaid expenses (b)$729 $552 
Property, plant, and equipment, net:
Assets in a customer contract$6,217 $5,777 
Computer and other equipment3,949 3,849 
Land and buildings3,151 3,134 
Internal use software2,128 2,083 
Total property, plant, and equipment15,445 14,843 
Accumulated depreciation and amortization(8,500)(8,167)
Total property, plant, and equipment, net$6,945 $6,676 
____________________
(a)Restricted cash is primarily classified as other current assets in the Condensed Consolidated Statements of Financial Position and consists predominantly of cash required to be held in escrow pursuant to DFS securitization arrangements.
(b)Prepaid expenses are included in other current assets in the Condensed Consolidated Statements of Financial Position. Amounts classified as long-term prepaid expenses are included in other non-current assets and are not disclosed above.
Schedule of Changes in 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 Ended
May 1, 2026May 2, 2025
(in millions)
Warranty liability at beginning of period$450 $424 
Costs accrued for new warranty contracts and changes in estimates for pre-existing warranties (a)819 211 
Service obligations honored(234)(220)
Warranty liability at end of period (b)$1,035 $415 
____________________
(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.
(b)The liabilities for standard warranties are included in accrued and other and in non-current liabilities in the Condensed Consolidated Statements of Financial Position.
Schedule of Activity Related to Severance Liability
The following table presents the activity related to the Company’s severance liability for the periods indicated:
Three Months Ended
 May 1, 2026May 2, 2025
(in millions)
Severance liability at beginning of period$136 $238 
Severance charges227 130 
Cash paid and other(121)(217)
Severance liability at end of period$242 $151 
Schedule of Severance Charges
The following table presents severance charges as included in the Condensed Consolidated Statements of Income for the periods indicated:
Three Months Ended
 May 1, 2026May 2, 2025
(in millions)
Cost of net revenue$81 $30 
Selling, general, and administrative106 67 
Research and development40 33 
Total severance charges$227 $130 
Schedule of Interest and Other, Net
The following table presents information regarding interest and other, net as included in the Condensed Consolidated Statements of Income for the periods indicated:
Three Months Ended
May 1, 2026May 2, 2025
(in millions)
Investment income, primarily interest$81 $31 
Gain on investments, net631 17 
Interest expense(391)(354)
Foreign exchange(17)(5)
Gain on disposition of businesses and assets— 236 
Other(12)(7)
Total interest and other, net$292 $(82)