Balance Sheet Components

9 Months Ended

Oct. 29, 2017

Notes to financial statements [Abstract]

Balance Sheet Components

Balance Sheet Components

Certain balance sheet components are as follows:

	October 29,		January 29,
	2017		2017
Inventories:	(In millions)
Raw materials	$	219	$	252
Work in-process	235		176
Finished goods	403		366
Total inventories	$	857	$	794

As of October 29, 2017, we had outstanding inventory purchase obligations totaling $1.16 billion.

	October 29,		January 29,
	2017		2017
Accrued and Other Current Liabilities:	(In millions)
Customer related liabilities (1)	$	177	$	197
Accrued payroll and related expenses	153		137
Deferred revenue (2)	65		85
Warranty accrual (3)	18		8
Accrued royalties	16		7
Professional service fees	13		13
Taxes payable	11		4
Accrued restructuring and other charges (4)	8		13
Coupon interest on debt obligations	7		21
Leases payable	5		4
Contributions payable	4		4
Other	16		14
Total accrued and other current liabilities	$	493	$	507

(1) Customer related liabilities include accrued customer programs, such as rebates and marketing development funds.

(2) Deferred revenue primarily includes customer advances and deferrals related to license and service arrangements.

(3) Please refer to Note 10 of these Notes to Condensed Consolidated Financial Statements for a discussion regarding warranties.

(4) Please refer to Note 15 of these Notes to Condensed Consolidated Financial Statements for a discussion regarding restructuring and other charges.

	October 29,		January 29,
	2017		2017
Other Long-Term Liabilities:	(In millions)
Deferred income tax liability	$	295	$	141
Income tax payable	116		96
Contributions payable	12		9
Employee benefits liability	11		10
Deferred revenue	10		4
Deferred rent	8		6
Licenses payable	7		1
Other	5		4
Total other long-term liabilities	$	464	$	271