INVESTMENTS (Tables)

3 Months Ended

Apr. 29, 2022

Investments, Debt and Equity Securities [Abstract]

Investments

The following table presents the amortized cost, cumulative unrealized gains, cumulative unrealized losses, and carrying value of the Company's strategic investments in marketable and non-marketable equity securities as of the dates indicated:

	April 29, 2022								January 28, 2022
	Cost		Unrealized Gain		Unrealized Loss		Carrying Value		Cost		Unrealized Gain		Unrealized Loss		Carrying Value
	(in millions)
Marketable	$	114	$	78	$	(131)	$	61	$	126	$	79	$	(119)	$	86
Non-marketable	668		910		(65)		1,513		593		900		(52)		1,441
Total equity and other securities	$	782	$	988	$	(196)	$	1,574	$	719	$	979	$	(171)	$	1,527

Gain (loss) on securities

The following table presents unrealized gains and losses on marketable and non-marketable equity and other securities for the periods indicated:

	April 29, 2022		April 30, 2021
	(in millions)
Marketable securities
Unrealized gain	$	—	$	16
Unrealized loss	(18)		(8)
Net unrealized gain (loss)	(18)		8
Non-marketable securities
Unrealized gain	21		182
Unrealized loss	—		(77)
Net unrealized gain (a)	21		105
Total net gain on equity and other securities	$	3	$	113

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(a)    For all periods presented, net gains on non-marketable securities are due to upward adjustments for observable price changes offset by losses primarily attributable to impairments.

Marketable securities unrealized gain

The following table summarizes the Company’s debt securities as of the dates indicated:

	April 29, 2022								January 28, 2022
	Amortized Cost		Unrealized Gains		Unrealized Loss		Carrying Value		Amortized Cost		Unrealized Gains		Unrealized Loss		Carrying Value
	(in millions)
Fixed income debt securities	$	334	$	28	$	(68)	$	294	$	333	$	26	$	(47)	$	312