hybrid cloud computing our overarching cloud strategy contains three key components : ( i ) continue to expand beyond compute virtualization in the private cloud , ( ii ) extend the private cloud into the public cloud and ( iii ) connect and secure endpoints across a range of public clouds . during fiscal 2018 , hybrid cloud computing was comprised of vmware cloud provider program ( “ vcpp ” ) ( previously referred to as vmware vcloud air network ) and vmware cloud services , which enable customers to run , manage , connect and secure their applications across private and public clouds , including amazon web services ( “ aws ” ) , azure , google cloud platform and ibm cloud . during fiscal 2018 , revenue growth in our hybrid cloud computing offerings was primarily driven by our vcpp offerings . vmware cloud on aws is currently available in certain geographies , and we expect to continue expanding into additional regions in fiscal 2019. during the second quarter of fiscal 2018 , we completed the sale of our vcloud air business ( “ vcloud air ” ) to ovh us llc ( “ ovh ” ) . end-user computing our euc solution consists of vmware workspace one ( “ workspace one ” ) , our digital workspace platform , which includes vmware airwatch ( “ airwatch ” ) and vmware horizon . our airwatch business model includes an on-premises solution that we offer through the sale of perpetual licenses and an off-premises solution that we offer as software-as-a-service ( “ saas ” ) . workspace one continued to be our primary growth driver within our euc product group during fiscal 2018 . 37 dell synergies during fiscal 2018 , we continued joint marketing , sales , branding and product development efforts with dell technologies inc. ( “ dell ” ) and other dell technologies companies to enhance the collective value we deliver to our mutual customers . as a result of our collective business built with dell , we have experienced significant synergies benefiting our sales during fiscal 2018. change in fiscal year end as a result of the change to our fiscal year from a fiscal year ending on december 31 of each calendar year to a fiscal year ending on the friday nearest to january 31 of each year , the period that began on january 1 , 2017 and ended on february 3 , 2017 was a transition period ( the “ transition period ” ) . our first full fiscal year 2018 is a 52-week year that began on february 4 , 2017 and ended on february 2 , 2018. prior-period financial statements have not been recast as we believe ( i ) the year ended december 31 , 2016 is comparable to the year ended february 2 , 2018 and ( ii ) recasting prior-period results was not practicable or cost justified . we have included audited consolidated financial statements for the transition period in part ii , item 8 of this annual report on form 10-k. results of operations approximately 70 % of our sales are denominated in the united states ( “ u.s. ” ) dollar , however , in certain countries we also invoice and collect in the following currencies : euro ; british pound ; japanese yen ; australian dollar ; and chinese renminbi . in addition , we incur and pay operating expenses in currencies other than the u.s. dollar . as a result , our financial statements , including our revenue , operating expenses , unearned revenue and the resulting cash flows derived from the u.s. dollar equivalent of foreign currency transactions , are affected by foreign exchange fluctuations . revenue our revenue during the periods presented was as follows ( dollars in millions ) : replace_table_token_6_th revenue from our hybrid cloud computing offerings consisted primarily of vcpp , and revenue from our saas offerings consisted primarily of our airwatch mobile solution within workspace one . vcpp revenue is included in license revenue and saas revenue is included in both license and services revenue . hybrid cloud computing , together with our saas offerings , accounted for approximately 8 % of our total revenue during fiscal years 2018 and 2016. license revenue relating to the sale of perpetual licenses that are part of a multi-year arrangement is generally recognized upon delivery of the underlying license , whereas revenue derived from our hybrid cloud computing and saas offerings is recognized on a consumption basis or over a period of time . license revenue during fiscal 2018 , license revenue benefited from broad-based growth across our diverse portfolio and solid performance in all geographies . drivers of license revenue growth during fiscal 2018 compared to fiscal 2016 included continued scale and 38 growth of our nsx and vsan offerings . euc growth driven in part by sales of workspace one and continued strength of our vcpp offerings were also key factors contributing to license growth . strength in our renewal business , including eas , also contributed to license revenue growth during fiscal 2018 compared to fiscal 2016 . license revenue growth in fiscal 2016 compared to fiscal 2015 was largely driven by license sales of nsx , vsan and airwatch mobile solutions , as well as growth in our vcpp offering . we experienced stronger than expected sales of our compute products , in part due to strong renewals of our eas , which also contributed to the license revenue growth in fiscal 2016 compared to fiscal 2015 . services revenue during fiscal 2018 and fiscal 2016 , software maintenance revenue benefited from strong renewals of our eas , maintenance contracts sold in previous periods and additional maintenance contracts sold in conjunction with new software license sales . story_separator_special_tag key components of the tax expense relating to the 2017 tax act included provisional estimates for the mandatory one-time transition tax on accumulated earnings of foreign subsidiaries of approximately $ 800 million , and the remeasurement of our deferred tax assets and liabilities of approximately $ 170 million resulting from the reduction in the u.s. statutory corporate tax rate from 35 % to 21 % , effective january 1 , 2018. the reduction in the u.s. statutory corporate tax rate resulted in a blended u.s. statutory corporate tax rate of 34 % during fiscal 2018. our tax expense in fiscal 2018 benefited from the recognition of excess tax benefits of $ 106 million , in connection with our adoption of accounting standards update ( “ asu ” ) no . 2016-09 , compensation-stock compensation ( topic 718 ) during the first quarter of fiscal 2018. previously , the excess tax benefits were recognized in additional paid-in capital on the consolidated balance sheets . our effective income tax rate in fiscal 2016 was higher than in fiscal 2015 primarily as a result of a shift in mix of earnings from our lower tax non-u.s. jurisdictions to the u.s. this impact from the shift in mix of earnings was partially offset by the favorable impact of lower unrecognized tax benefit additions recorded in fiscal 2016 as compared to fiscal 2015. for the periods presented , our rate of taxation in non-u.s. jurisdictions was lower than our u.s. tax rate . our non-u.s. earnings are primarily earned by our subsidiaries organized in ireland , and as such , our annual effective tax rate can be significantly affected by the composition of our earnings in the u.s. and non-u.s. jurisdictions . we are included in dell 's consolidated tax group for u.s. federal income tax purposes and will continue to be included in dell 's consolidated group for periods in which dell beneficially owns at least 80 % of the total voting power and value of our combined outstanding class a and class b common stock as calculated for u.s. federal income tax purposes . the percentage of voting power and value calculated for u.s. federal income tax purposes may differ from the percentage of outstanding shares beneficially owned by dell due to the greater voting power of our class b common stock as compared to our class a common stock and other factors . each member of a consolidated group during any part of a consolidated return year is jointly and severally liable for tax on the consolidated return of such year and for any subsequently determined deficiency thereon . should dell 's ownership fall below 80 % of the total voting power or value of our outstanding stock in any period , then we would no longer be included in the dell consolidated group for u.s. federal income tax purposes , and our u.s. federal income tax would be reported separately from that of the dell consolidated group . 44 although our results are included in the dell consolidated return for u.s. federal income tax purposes , our income tax provision , including provisional estimates of taxes relating to the 2017 tax act , is calculated primarily as though we were a separate taxpayer . however , under certain circumstances , transactions between us and dell are assessed using consolidated tax return rules . our future effective tax rate will benefit significantly from certain provisions of the 2017 tax act , including the reduction in the u.s. statutory corporate tax rate . however , the effect of the global intangible low-taxed income tax and the base erosion tax , as well as changes to our provisional accounting for the effects of the 2017 tax act during the measurement period , on our future effective tax rate is uncertain . our future effective tax rate may also be affected by such factors as changes in tax laws , changes in our business or statutory rates , changing interpretation of existing laws or regulations , the impact of accounting for stock-based compensation and the recognition of excess tax benefits and tax deficiencies within the income tax provision in the period in which they occur , the impact of accounting for business combinations , changes in the composition of earnings in the u.s. compared with other regions in the world and overall levels of income before tax , changes in our international organization , as well as the expiration of statute of limitations and settlements of audits . our relationship with dell as of february 2 , 2018 , dell controlled 31 million shares of class a common stock and all 300 million shares of class b common stock , representing 81.9 % of our total outstanding shares of common stock and 97.6 % of the combined voting power of our outstanding common stock . for a description of related risks , refer to “ risks related to our relationship with dell ” in part i , item 1a of this annual report on form 10-k. the information provided below includes a summary of the transactions entered into with dell and dell 's consolidated subsidiaries , including emc ( collectively , “ dell ” ) from the effective date of the dell acquisition through february 2 , 2018 . transactions prior to the effective date of the dell acquisition reflect transactions only with emc and its consolidated subsidiaries . transactions with dell we engaged with dell in the following ongoing intercompany transactions , which resulted in revenue and receipts and unearned revenue for us : pursuant to oem and reseller arrangements , dell integrates or bundles our products and services with dell 's products and sells them to end users . dell also acts as a distributor , purchasing our standalone products and services for resale to end-user customers through vmware-authorized resellers . revenue under these arrangements is presented net of related marketing development funds and rebates paid to dell . dell purchases products and

cash provided by operating activities increased $ 830 million in fiscal 2018 compared to fiscal 2016 . cash provided by operating activities benefited from increased cash collections due to increased sales and improved linearity due to the fiscal year change in fiscal 2018 , and a decrease in tax payments as a result of significant tax payments made during fiscal 2016. these positive impacts were partially offset by higher cash outflows related to operating expenses , as well as increased cash payments for employee-related expenses , including salaries , bonuses and commissions , resulting primarily from growth in headcount . 48 cash provided by operating activities of $ 361 million during the transition period primarily reflected cash provided by cash collections , partially offset by cash payments for employee-related expenses . cash provided by operating activities increased $ 482 million in fiscal 2016 compared to fiscal 2015 , driven primarily by increased cash collections due to growth in sales during fiscal 2016. additionally , cash provided by operating activities in fiscal 2015 reflects payments for legal settlements , including $ 76 million for the gsa settlement , and approximately $ 185 million of installment payments made to certain key employees of airwatch , with the final installment payment of $ 29 million paid during the first quarter of fiscal 2016. cash provided by operating activities was partially offset by increases in cash payments for employee-related expenses including salaries , bonuses and commissions due to incremental growth in headcount and salaries .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash provided by operating activities increased $ 830 million in fiscal 2018 compared to fiscal 2016 . cash provided by operating activities benefited from increased cash collections due to increased sales and improved linearity due to the fiscal year change in fiscal 2018 , and a decrease in tax payments as a result of significant tax payments made during fiscal 2016. these positive impacts were partially offset by higher cash outflows related to operating expenses , as well as increased cash payments for employee-related expenses , including salaries , bonuses and commissions , resulting primarily from growth in headcount . 48 cash provided by operating activities of $ 361 million during the transition period primarily reflected cash provided by cash collections , partially offset by cash payments for employee-related expenses . cash provided by operating activities increased $ 482 million in fiscal 2016 compared to fiscal 2015 , driven primarily by increased cash collections due to growth in sales during fiscal 2016. additionally , cash provided by operating activities in fiscal 2015 reflects payments for legal settlements , including $ 76 million for the gsa settlement , and approximately $ 185 million of installment payments made to certain key employees of airwatch , with the final installment payment of $ 29 million paid during the first quarter of fiscal 2016. cash provided by operating activities was partially offset by increases in cash payments for employee-related expenses including salaries , bonuses and commissions due to incremental growth in headcount and salaries .
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 Suspicious Activity Report : hybrid cloud computing our overarching cloud strategy contains three key components : ( i ) continue to expand beyond compute virtualization in the private cloud , ( ii ) extend the private cloud into the public cloud and ( iii ) connect and secure endpoints across a range of public clouds . during fiscal 2018 , hybrid cloud computing was comprised of vmware cloud provider program ( “ vcpp ” ) ( previously referred to as vmware vcloud air network ) and vmware cloud services , which enable customers to run , manage , connect and secure their applications across private and public clouds , including amazon web services ( “ aws ” ) , azure , google cloud platform and ibm cloud . during fiscal 2018 , revenue growth in our hybrid cloud computing offerings was primarily driven by our vcpp offerings . vmware cloud on aws is currently available in certain geographies , and we expect to continue expanding into additional regions in fiscal 2019. during the second quarter of fiscal 2018 , we completed the sale of our vcloud air business ( “ vcloud air ” ) to ovh us llc ( “ ovh ” ) . end-user computing our euc solution consists of vmware workspace one ( “ workspace one ” ) , our digital workspace platform , which includes vmware airwatch ( “ airwatch ” ) and vmware horizon . our airwatch business model includes an on-premises solution that we offer through the sale of perpetual licenses and an off-premises solution that we offer as software-as-a-service ( “ saas ” ) . workspace one continued to be our primary growth driver within our euc product group during fiscal 2018 . 37 dell synergies during fiscal 2018 , we continued joint marketing , sales , branding and product development efforts with dell technologies inc. ( “ dell ” ) and other dell technologies companies to enhance the collective value we deliver to our mutual customers . as a result of our collective business built with dell , we have experienced significant synergies benefiting our sales during fiscal 2018. change in fiscal year end as a result of the change to our fiscal year from a fiscal year ending on december 31 of each calendar year to a fiscal year ending on the friday nearest to january 31 of each year , the period that began on january 1 , 2017 and ended on february 3 , 2017 was a transition period ( the “ transition period ” ) . our first full fiscal year 2018 is a 52-week year that began on february 4 , 2017 and ended on february 2 , 2018. prior-period financial statements have not been recast as we believe ( i ) the year ended december 31 , 2016 is comparable to the year ended february 2 , 2018 and ( ii ) recasting prior-period results was not practicable or cost justified . we have included audited consolidated financial statements for the transition period in part ii , item 8 of this annual report on form 10-k. results of operations approximately 70 % of our sales are denominated in the united states ( “ u.s. ” ) dollar , however , in certain countries we also invoice and collect in the following currencies : euro ; british pound ; japanese yen ; australian dollar ; and chinese renminbi . in addition , we incur and pay operating expenses in currencies other than the u.s. dollar . as a result , our financial statements , including our revenue , operating expenses , unearned revenue and the resulting cash flows derived from the u.s. dollar equivalent of foreign currency transactions , are affected by foreign exchange fluctuations . revenue our revenue during the periods presented was as follows ( dollars in millions ) : replace_table_token_6_th revenue from our hybrid cloud computing offerings consisted primarily of vcpp , and revenue from our saas offerings consisted primarily of our airwatch mobile solution within workspace one . vcpp revenue is included in license revenue and saas revenue is included in both license and services revenue . hybrid cloud computing , together with our saas offerings , accounted for approximately 8 % of our total revenue during fiscal years 2018 and 2016. license revenue relating to the sale of perpetual licenses that are part of a multi-year arrangement is generally recognized upon delivery of the underlying license , whereas revenue derived from our hybrid cloud computing and saas offerings is recognized on a consumption basis or over a period of time . license revenue during fiscal 2018 , license revenue benefited from broad-based growth across our diverse portfolio and solid performance in all geographies . drivers of license revenue growth during fiscal 2018 compared to fiscal 2016 included continued scale and 38 growth of our nsx and vsan offerings . euc growth driven in part by sales of workspace one and continued strength of our vcpp offerings were also key factors contributing to license growth . strength in our renewal business , including eas , also contributed to license revenue growth during fiscal 2018 compared to fiscal 2016 . license revenue growth in fiscal 2016 compared to fiscal 2015 was largely driven by license sales of nsx , vsan and airwatch mobile solutions , as well as growth in our vcpp offering . we experienced stronger than expected sales of our compute products , in part due to strong renewals of our eas , which also contributed to the license revenue growth in fiscal 2016 compared to fiscal 2015 . services revenue during fiscal 2018 and fiscal 2016 , software maintenance revenue benefited from strong renewals of our eas , maintenance contracts sold in previous periods and additional maintenance contracts sold in conjunction with new software license sales . story_separator_special_tag key components of the tax expense relating to the 2017 tax act included provisional estimates for the mandatory one-time transition tax on accumulated earnings of foreign subsidiaries of approximately $ 800 million , and the remeasurement of our deferred tax assets and liabilities of approximately $ 170 million resulting from the reduction in the u.s. statutory corporate tax rate from 35 % to 21 % , effective january 1 , 2018. the reduction in the u.s. statutory corporate tax rate resulted in a blended u.s. statutory corporate tax rate of 34 % during fiscal 2018. our tax expense in fiscal 2018 benefited from the recognition of excess tax benefits of $ 106 million , in connection with our adoption of accounting standards update ( “ asu ” ) no . 2016-09 , compensation-stock compensation ( topic 718 ) during the first quarter of fiscal 2018. previously , the excess tax benefits were recognized in additional paid-in capital on the consolidated balance sheets . our effective income tax rate in fiscal 2016 was higher than in fiscal 2015 primarily as a result of a shift in mix of earnings from our lower tax non-u.s. jurisdictions to the u.s. this impact from the shift in mix of earnings was partially offset by the favorable impact of lower unrecognized tax benefit additions recorded in fiscal 2016 as compared to fiscal 2015. for the periods presented , our rate of taxation in non-u.s. jurisdictions was lower than our u.s. tax rate . our non-u.s. earnings are primarily earned by our subsidiaries organized in ireland , and as such , our annual effective tax rate can be significantly affected by the composition of our earnings in the u.s. and non-u.s. jurisdictions . we are included in dell 's consolidated tax group for u.s. federal income tax purposes and will continue to be included in dell 's consolidated group for periods in which dell beneficially owns at least 80 % of the total voting power and value of our combined outstanding class a and class b common stock as calculated for u.s. federal income tax purposes . the percentage of voting power and value calculated for u.s. federal income tax purposes may differ from the percentage of outstanding shares beneficially owned by dell due to the greater voting power of our class b common stock as compared to our class a common stock and other factors . each member of a consolidated group during any part of a consolidated return year is jointly and severally liable for tax on the consolidated return of such year and for any subsequently determined deficiency thereon . should dell 's ownership fall below 80 % of the total voting power or value of our outstanding stock in any period , then we would no longer be included in the dell consolidated group for u.s. federal income tax purposes , and our u.s. federal income tax would be reported separately from that of the dell consolidated group . 44 although our results are included in the dell consolidated return for u.s. federal income tax purposes , our income tax provision , including provisional estimates of taxes relating to the 2017 tax act , is calculated primarily as though we were a separate taxpayer . however , under certain circumstances , transactions between us and dell are assessed using consolidated tax return rules . our future effective tax rate will benefit significantly from certain provisions of the 2017 tax act , including the reduction in the u.s. statutory corporate tax rate . however , the effect of the global intangible low-taxed income tax and the base erosion tax , as well as changes to our provisional accounting for the effects of the 2017 tax act during the measurement period , on our future effective tax rate is uncertain . our future effective tax rate may also be affected by such factors as changes in tax laws , changes in our business or statutory rates , changing interpretation of existing laws or regulations , the impact of accounting for stock-based compensation and the recognition of excess tax benefits and tax deficiencies within the income tax provision in the period in which they occur , the impact of accounting for business combinations , changes in the composition of earnings in the u.s. compared with other regions in the world and overall levels of income before tax , changes in our international organization , as well as the expiration of statute of limitations and settlements of audits . our relationship with dell as of february 2 , 2018 , dell controlled 31 million shares of class a common stock and all 300 million shares of class b common stock , representing 81.9 % of our total outstanding shares of common stock and 97.6 % of the combined voting power of our outstanding common stock . for a description of related risks , refer to “ risks related to our relationship with dell ” in part i , item 1a of this annual report on form 10-k. the information provided below includes a summary of the transactions entered into with dell and dell 's consolidated subsidiaries , including emc ( collectively , “ dell ” ) from the effective date of the dell acquisition through february 2 , 2018 . transactions prior to the effective date of the dell acquisition reflect transactions only with emc and its consolidated subsidiaries . transactions with dell we engaged with dell in the following ongoing intercompany transactions , which resulted in revenue and receipts and unearned revenue for us : pursuant to oem and reseller arrangements , dell integrates or bundles our products and services with dell 's products and sells them to end users . dell also acts as a distributor , purchasing our standalone products and services for resale to end-user customers through vmware-authorized resellers . revenue under these arrangements is presented net of related marketing development funds and rebates paid to dell . dell purchases products and

