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Component: (Network and Table)
Network
2352301 - Disclosure - RETIREMENT PLAN BENEFITS (Tables)
(http://www.dell.com/role/RetirementPlanBenefitsTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Compensation and Retirement Disclosure [Abstract]Period [Axis]
2016-01-30 - 2017-02-03
Compensation and Retirement Disclosure [Abstract]
 
Reconciliation of the Pension Plan Benefit Obligation
The following table presents a reconciliation of the Pension Plan benefit obligation:
 
Benefit Obligation
 
(in millions)
Benefit obligation as of September 7, 2016
$
590

Interest cost
8

Benefits paid
(11
)
Actuarial loss (gain)
(52
)
Benefit obligation as of February 3, 2017
$
535

 
 
Reconciliation of Fair Values of Plan Assets
The following table presents a reconciliation of the fair value of plan assets:
 
Plan Assets
 
(in millions)
Fair value of plan assets as of September 7, 2016
$
493

Actual return on plan assets
(12
)
Benefits paid
(11
)
Fair value of plan assets as of February 3, 2017
$
470

 
 
Components of Net Periodic Benefit Costs Recognized
The following table presents the components of net periodic benefit cost recognized in the period presented:
 
September 7, 2016 through February 3, 2017
 
(in millions)
Interest cost
$
8

Expected return on plan assets
(16
)
Recognized actuarial loss

Net periodic benefit cost
$
(8
)
 
 
Fair Value of Each Class of Plan Assets by Level within the Fair Value Hierarchy
The following table presents the fair value of each class of plan assets by level within the fair value hierarchy as of February 3, 2017:
 
February 3, 2017
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(in millions)
Common collective trusts (a)
$

 
$
331

 
$

 
$
331

U.S. Treasury securities
1

 

 

 
1

Corporate debt securities (b)

 
137

 

 
137

Total
$
1

 
$
468

 
$

 
469

Plan payables, net of accrued interest and dividends (c)
 
 
 
 
 
 
1

Total, net
 
 
 
 
 
 
$
470

_________________
(a)
Common collective trusts are valued at the net asset value calculated by the fund manager based on the underlying investments and are classified within Level 2 of the fair value hierarchy.
(b)
Corporate debt securities are valued daily at the closing price reported in active U.S. financial markets and are classified within Level 2 of the fair value hierarchy.
(c)
Dividends, accrued interest and net plan payables are not material to the plan assets and therefore have not been classified into the fair value hierarchy.