INCOME AND OTHER TAXES (Tables)

12 Months Ended

Feb. 02, 2018

Income Tax Disclosure [Abstract]

Schedule of Components of Provision (Benefit) for Income Taxes from Continuing Operations

The provision (benefit) for income taxes from continuing operations consisted of the following for the respective periods:

	Fiscal Year Ended
	February 2, 2018			February 3, 2017			January 29, 2016
	(in millions)
Current:
Federal	$	52		$	(139	)	$	(174	)
State/local	111			46			(2		)
Foreign	599			322			228
Current	762			229			52
Deferred:
Federal	(2,301		)	(1,676		)	(119		)
State/local	(156		)	(120		)	(15		)
Foreign	(138		)	(52		)	(36		)
Deferred	(2,595		)	(1,848		)	(170		)
Provision (benefit) for income taxes	$	(1,833	)	$	(1,619	)	$	(118	)

Schedule of Income (Loss) from Continuing Operations Before Income Taxes

The Company's income (loss) from continuing operations before income taxes consisted of the following for the respective periods:

	Fiscal Year Ended
	February 2, 2018			February 3, 2017			January 29, 2016
	(in millions)
Domestic	$	(6,494	)	$	(7,173	)	$	(3,498	)
Foreign	806			1,817			2,212
Loss from continuing operations before income taxes	$	(5,688	)	$	(5,356	)	$	(1,286	)

Reconciliation of Income Tax Benefit from Continuing Operations to the Statutory U.S. Federal Tax Rate

A reconciliation of the Company's income tax benefit from continuing operations to the statutory U.S. federal tax rate is as follows:

	Fiscal Year Ended
	February 2, 2018		February 3, 2017		January 29, 2016
U.S. federal statutory rate	33.7	%	35.0	%	35.0	%
State income taxes, net of federal tax benefit	2.7		2.7		1.9
Tax impact of foreign operations	(8.0	)	(4.9	)	(33.4	)
Change in valuation allowance impacting tax rate and non-deductible operating losses	(1.7	)	(1.1	)	4.2
U.S. Tax Reform	5.6		—		—
IRS tax audit settlement	—		5.5		—
Vendor and other settlements	0.4		0.5		2.5
Non-deductible transaction-related costs	—		(2.1	)	(0.6	)
Other	(0.5	)	(5.4	)	(0.4	)
Total	32.2	%	30.2	%	9.2	%

Schedule of Components of Net Deferred Tax Assets (Liabilities)

The components of the Company's net deferred tax assets (liabilities) were as follows as of February 2, 2018 and February 3, 2017:

	February 2, 2018			February 3, 2017
	(in millions)
Deferred tax assets:
Deferred revenue and warranty provisions	$	1,447		$	1,955
Provisions for product returns and doubtful accounts	115			131
Credit carryforwards	540			511
Loss carryforwards	509			372
Operating and compensation related accruals	604			765
Other	122			262
Deferred tax assets	3,337			3,996
Valuation allowance	(815		)	(737		)
Deferred tax assets, net of valuation allowance	2,522			3,259
Deferred tax liabilities:
Leasing and financing	(178		)	(109		)
Property and equipment	(483		)	(743		)
Acquired intangibles	(4,004		)	(7,281		)
Other	(194		)	(38		)
Deferred tax liabilities	(4,859		)	(8,171		)
Net deferred tax assets (liabilities)	$	(2,337	)	$	(4,912	)

Summary of Net Operating Loss Carryforwards, Tax Credit Carryforwards, and Other Deferred Tax Assets with Related Valuation Allowances Recognized

The tables below summarize the net operating loss carryforwards, tax credit carryforwards, and other deferred tax assets with related valuation allowances recognized as of February 2, 2018 and February 3, 2017:

	February 2, 2018
	Deferred Tax Assets		Valuation Allowance			Net Deferred Tax Assets		First Year Expiring
	(in millions)
Credit carryforwards	$	540	$	(366	)	$	174	Fiscal 2019
Loss carryforwards	509		(279		)	230		Fiscal 2019
Other deferred tax assets	2,288		(170		)	2,118		NA
Total	$	3,337	$	(815	)	$	2,522
	February 3, 2017
	Deferred Tax Assets		Valuation Allowance			Net Deferred Tax Assets		First Year Expiring
	(in millions)
Credit carryforwards	$	511	$	(406	)	$	105	Fiscal 2018
Loss carryforwards	372		(205		)	167		Fiscal 2018
Other deferred tax assets	3,113		(126		)	2,987		NA
Total	$	3,996	$	(737	)	$	3,259

Reconciliation of Unrecognized Tax Benefits

A reconciliation of the Company's beginning and ending balance of unrecognized tax benefits is as follows:

	Fiscal Year Ended
	February 2, 2018			February 3, 2017			January 29, 2016
	(in millions)
Balance, beginning of year	$	2,752		$	2,479		$	2,455
Unrecognized tax benefits assumed through EMC merger transaction	—			558			—
Increases related to tax positions of the current year	155			116			70
Increases related to tax position of prior years	98			227			52
Reductions for tax positions of prior years	(90		)	(379		)	(61		)
Lapse of statute of limitations	(34		)	(30		)	(24		)
Audit settlements	(14		)	(219		)	(13		)
Balance, end of year	$	2,867		$	2,752		$	2,479