10-Q 1 dell-20221028.htm 10-Q dell-20221028
0001571996February 32023Q3false
(a) Includes related party cost of net revenue as follows:
Products$426 $387 $681 $706 
Services$762 $616 $1,471 $1,194 
P2YP3Yhttp://fasb.org/us-gaap/2022#OtherAssetsNoncurrenthttp://fasb.org/us-gaap/2022#OtherAssetsNoncurrenthttp://fasb.org/us-gaap/2022#AccruedLiabilitiesCurrenthttp://fasb.org/us-gaap/2022#AccruedLiabilitiesCurrenthttp://fasb.org/us-gaap/2022#OtherLiabilitiesNoncurrenthttp://fasb.org/us-gaap/2022#OtherLiabilitiesNoncurrent
00015719962022-01-292022-10-280001571996us-gaap:CommonClassCMember2022-11-30xbrli:shares0001571996us-gaap:CommonClassAMember2022-11-300001571996us-gaap:CommonClassBMember2022-11-3000015719962022-10-28iso4217:USD00015719962022-01-28iso4217:USDxbrli:shares0001571996us-gaap:ProductMember2022-07-302022-10-280001571996us-gaap:ProductMember2021-07-312021-10-290001571996us-gaap:ProductMember2022-01-292022-10-280001571996us-gaap:ProductMember2021-01-302021-10-290001571996us-gaap:ServiceMember2022-07-302022-10-280001571996us-gaap:ServiceMember2021-07-312021-10-290001571996us-gaap:ServiceMember2022-01-292022-10-280001571996us-gaap:ServiceMember2021-01-302021-10-2900015719962022-07-302022-10-2800015719962021-07-312021-10-2900015719962021-01-302021-10-290001571996us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMemberdell:BoomiMember2021-10-012021-10-0100015719962021-01-2900015719962021-10-290001571996us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2022-07-290001571996us-gaap:TreasuryStockCommonMember2022-07-290001571996us-gaap:RetainedEarningsMember2022-07-290001571996us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-07-290001571996us-gaap:ParentMember2022-07-290001571996us-gaap:NoncontrollingInterestMember2022-07-2900015719962022-07-290001571996us-gaap:RetainedEarningsMember2022-07-302022-10-280001571996us-gaap:ParentMember2022-07-302022-10-280001571996us-gaap:NoncontrollingInterestMember2022-07-302022-10-280001571996us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-07-302022-10-280001571996us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2022-07-302022-10-280001571996us-gaap:TreasuryStockCommonMember2022-07-302022-10-280001571996us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2022-10-280001571996us-gaap:TreasuryStockCommonMember2022-10-280001571996us-gaap:RetainedEarningsMember2022-10-280001571996us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-10-280001571996us-gaap:ParentMember2022-10-280001571996us-gaap:NoncontrollingInterestMember2022-10-280001571996us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2022-01-280001571996us-gaap:TreasuryStockCommonMember2022-01-280001571996us-gaap:RetainedEarningsMember2022-01-280001571996us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-01-280001571996us-gaap:ParentMember2022-01-280001571996us-gaap:NoncontrollingInterestMember2022-01-280001571996us-gaap:RetainedEarningsMember2022-01-292022-10-280001571996us-gaap:ParentMember2022-01-292022-10-280001571996us-gaap:NoncontrollingInterestMember2022-01-292022-10-280001571996us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-01-292022-10-280001571996us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2022-01-292022-10-280001571996us-gaap:TreasuryStockCommonMember2022-01-292022-10-280001571996us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2021-07-300001571996us-gaap:TreasuryStockCommonMember2021-07-300001571996us-gaap:RetainedEarningsMember2021-07-300001571996us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-07-300001571996us-gaap:ParentMember2021-07-300001571996us-gaap:NoncontrollingInterestMember2021-07-3000015719962021-07-300001571996us-gaap:RetainedEarningsMember2021-07-312021-10-290001571996us-gaap:ParentMember2021-07-312021-10-290001571996us-gaap:NoncontrollingInterestMember2021-07-312021-10-290001571996us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-07-312021-10-290001571996us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2021-07-312021-10-290001571996us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2021-10-290001571996us-gaap:TreasuryStockCommonMember2021-10-290001571996us-gaap:RetainedEarningsMember2021-10-290001571996us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-10-290001571996us-gaap:ParentMember2021-10-290001571996us-gaap:NoncontrollingInterestMember2021-10-290001571996us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2021-01-290001571996us-gaap:TreasuryStockCommonMember2021-01-290001571996us-gaap:RetainedEarningsMember2021-01-290001571996us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-290001571996us-gaap:ParentMember2021-01-290001571996us-gaap:NoncontrollingInterestMember2021-01-290001571996us-gaap:RetainedEarningsMember2021-01-302021-10-290001571996us-gaap:ParentMember2021-01-302021-10-290001571996us-gaap:NoncontrollingInterestMember2021-01-302021-10-290001571996us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-302021-10-290001571996us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember2021-01-302021-10-290001571996dell:SecureWorksCorp.Member2022-10-28xbrli:pure0001571996dell:SecureWorksCorp.Member2022-01-280001571996dell:SecureWorksCorp.Memberus-gaap:NoncontrollingInterestMember2022-10-280001571996dell:SecureWorksCorp.Memberus-gaap:NoncontrollingInterestMember2022-01-280001571996us-gaap:SpinoffMemberdell:VMwareInc.Memberus-gaap:CommonClassAMember2021-11-012021-11-010001571996us-gaap:SpinoffMemberdell:VMwareInc.Memberus-gaap:CommonClassBMember2021-11-012021-11-0100015719962021-11-010001571996us-gaap:SpinoffMemberdell:VMwareInc.Member2021-11-012021-11-010001571996dell:VMwareInc.Member2021-11-012021-11-0100015719962021-11-012021-11-010001571996us-gaap:SpinoffMember2021-11-012021-11-010001571996dell:TransitionServicesAgreementTSAMember2021-11-012021-11-010001571996dell:VMwareInc.Memberus-gaap:DisposalGroupDisposedOfByMeansOtherThanSaleNotDiscontinuedOperationsSpinoffMember2021-07-312021-10-290001571996dell:VMwareInc.Memberus-gaap:DisposalGroupDisposedOfByMeansOtherThanSaleNotDiscontinuedOperationsSpinoffMember2021-01-302021-10-290001571996us-gaap:FairValueInputsLevel1Memberus-gaap:MoneyMarketFundsMember2022-10-280001571996us-gaap:FairValueInputsLevel2Memberus-gaap:MoneyMarketFundsMember2022-10-280001571996us-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel3Member2022-10-280001571996us-gaap:MoneyMarketFundsMember2022-10-280001571996us-gaap:FairValueInputsLevel1Memberus-gaap:MoneyMarketFundsMember2022-01-280001571996us-gaap:FairValueInputsLevel2Memberus-gaap:MoneyMarketFundsMember2022-01-280001571996us-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel3Member2022-01-280001571996us-gaap:MoneyMarketFundsMember2022-01-280001571996us-gaap:FairValueInputsLevel1Member2022-10-280001571996us-gaap:FairValueInputsLevel2Member2022-10-280001571996us-gaap:FairValueInputsLevel3Member2022-10-280001571996us-gaap:FairValueInputsLevel1Member2022-01-280001571996us-gaap:FairValueInputsLevel2Member2022-01-280001571996us-gaap:FairValueInputsLevel3Member2022-01-280001571996dell:StrategicInvestmentsMember2022-10-280001571996dell:StrategicInvestmentsMember2022-01-280001571996us-gaap:SecuredDebtMemberus-gaap:SeniorNotesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2022-10-280001571996us-gaap:SecuredDebtMemberus-gaap:SeniorNotesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-10-280001571996us-gaap:SecuredDebtMemberus-gaap:SeniorNotesMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2022-01-280001571996us-gaap:SecuredDebtMemberus-gaap:SeniorNotesMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2022-01-280001571996us-gaap:UnsecuredDebtMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberdell:LegacyNotesAndDebenturesMember2022-10-280001571996us-gaap:UnsecuredDebtMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberdell:LegacyNotesAndDebenturesMember2022-10-280001571996us-gaap:UnsecuredDebtMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberdell:LegacyNotesAndDebenturesMember2022-01-280001571996us-gaap:UnsecuredDebtMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberdell:LegacyNotesAndDebenturesMember2022-01-280001571996us-gaap:FixedIncomeSecuritiesMember2022-10-280001571996us-gaap:FixedIncomeSecuritiesMember2022-01-280001571996dell:RevolvingLoanPortfolioSegmentMember2022-01-292022-10-280001571996us-gaap:FinanceLeasesPortfolioSegmentMembersrt:MinimumMemberus-gaap:CommercialBorrowerMember2022-01-292022-10-280001571996us-gaap:FinanceLeasesPortfolioSegmentMembersrt:MaximumMemberus-gaap:CommercialBorrowerMember2022-01-292022-10-280001571996dell:OtherBorrowerMemberus-gaap:FinanceLeasesPortfolioSegmentMembersrt:MinimumMember2022-01-292022-10-280001571996dell:OtherBorrowerMemberus-gaap:FinanceLeasesPortfolioSegmentMembersrt:MaximumMember2022-01-292022-10-280001571996us-gaap:LoansAndFinanceReceivablesMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:LoansAndFinanceReceivablesMember2022-10-280001571996us-gaap:LoansAndFinanceReceivablesMember2022-10-280001571996us-gaap:LoansAndFinanceReceivablesMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:LoansAndFinanceReceivablesMember2022-01-280001571996us-gaap:LoansAndFinanceReceivablesMember2022-01-280001571996dell:ResidualValuesOfLeasedPropertyMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996dell:ResidualValuesOfLeasedPropertyMemberus-gaap:FinanceLeasesPortfolioSegmentMember2022-10-280001571996dell:ResidualValuesOfLeasedPropertyMember2022-10-280001571996dell:ResidualValuesOfLeasedPropertyMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996dell:ResidualValuesOfLeasedPropertyMemberus-gaap:FinanceLeasesPortfolioSegmentMember2022-01-280001571996dell:ResidualValuesOfLeasedPropertyMember2022-01-280001571996dell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996us-gaap:FinanceLeasesPortfolioSegmentMember2022-10-280001571996dell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996us-gaap:FinanceLeasesPortfolioSegmentMember2022-01-280001571996us-gaap:LoansAndFinanceReceivablesMemberdell:RevolvingLoanPortfolioSegmentMember2022-07-290001571996us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:LoansAndFinanceReceivablesMember2022-07-290001571996us-gaap:LoansAndFinanceReceivablesMember2022-07-290001571996us-gaap:LoansAndFinanceReceivablesMemberdell:RevolvingLoanPortfolioSegmentMember2021-07-300001571996us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:LoansAndFinanceReceivablesMember2021-07-300001571996us-gaap:LoansAndFinanceReceivablesMember2021-07-300001571996us-gaap:LoansAndFinanceReceivablesMemberdell:RevolvingLoanPortfolioSegmentMember2022-07-302022-10-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:LoansAndFinanceReceivablesMember2022-07-302022-10-280001571996us-gaap:LoansAndFinanceReceivablesMember2022-07-302022-10-280001571996us-gaap:LoansAndFinanceReceivablesMemberdell:RevolvingLoanPortfolioSegmentMember2021-07-312021-10-290001571996us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:LoansAndFinanceReceivablesMember2021-07-312021-10-290001571996us-gaap:LoansAndFinanceReceivablesMember2021-07-312021-10-290001571996us-gaap:LoansAndFinanceReceivablesMemberdell:RevolvingLoanPortfolioSegmentMember2021-10-290001571996us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:LoansAndFinanceReceivablesMember2021-10-290001571996us-gaap:LoansAndFinanceReceivablesMember2021-10-290001571996us-gaap:LoansAndFinanceReceivablesMemberdell:RevolvingLoanPortfolioSegmentMember2021-01-290001571996us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:LoansAndFinanceReceivablesMember2021-01-290001571996us-gaap:LoansAndFinanceReceivablesMember2021-01-290001571996us-gaap:LoansAndFinanceReceivablesMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-292022-10-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:LoansAndFinanceReceivablesMember2022-01-292022-10-280001571996us-gaap:LoansAndFinanceReceivablesMember2022-01-292022-10-280001571996us-gaap:LoansAndFinanceReceivablesMemberdell:RevolvingLoanPortfolioSegmentMember2021-01-302021-10-290001571996us-gaap:FinanceLeasesPortfolioSegmentMemberus-gaap:LoansAndFinanceReceivablesMember2021-01-302021-10-290001571996us-gaap:LoansAndFinanceReceivablesMember2021-01-302021-10-290001571996us-gaap:FinancialAssetNotPastDueMemberus-gaap:LoansAndFinanceReceivablesMemberus-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996us-gaap:LoansAndFinanceReceivablesMemberus-gaap:ConsumerBorrowerMemberdell:FinancingReceivables1To89DaysPastDueMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:LoansAndFinanceReceivablesMemberus-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996us-gaap:LoansAndFinanceReceivablesMemberus-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996us-gaap:FinancialAssetNotPastDueMemberus-gaap:LoansAndFinanceReceivablesMemberus-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996us-gaap:LoansAndFinanceReceivablesMemberus-gaap:ConsumerBorrowerMemberdell:FinancingReceivables1To89DaysPastDueMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:LoansAndFinanceReceivablesMemberus-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996us-gaap:LoansAndFinanceReceivablesMemberus-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996us-gaap:FinancialAssetNotPastDueMemberus-gaap:LoansAndFinanceReceivablesMemberdell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996us-gaap:LoansAndFinanceReceivablesMemberdell:SmallAndMediumCommercialBorrowerMemberdell:FinancingReceivables1To89DaysPastDueMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:LoansAndFinanceReceivablesMemberdell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996us-gaap:LoansAndFinanceReceivablesMemberdell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996us-gaap:FinancialAssetNotPastDueMemberus-gaap:LoansAndFinanceReceivablesMemberdell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996us-gaap:LoansAndFinanceReceivablesMemberdell:SmallAndMediumCommercialBorrowerMemberdell:FinancingReceivables1To89DaysPastDueMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:LoansAndFinanceReceivablesMemberdell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996us-gaap:LoansAndFinanceReceivablesMemberdell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996us-gaap:FinancialAssetNotPastDueMemberus-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMemberus-gaap:LoansAndFinanceReceivablesMember2022-10-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMemberus-gaap:LoansAndFinanceReceivablesMemberdell:FinancingReceivables1To89DaysPastDueMember2022-10-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:LoansAndFinanceReceivablesMember2022-10-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMemberus-gaap:LoansAndFinanceReceivablesMember2022-10-280001571996us-gaap:FinancialAssetNotPastDueMemberus-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMemberus-gaap:LoansAndFinanceReceivablesMember2022-01-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMemberus-gaap:LoansAndFinanceReceivablesMemberdell:FinancingReceivables1To89DaysPastDueMember2022-01-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:LoansAndFinanceReceivablesMember2022-01-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMemberus-gaap:LoansAndFinanceReceivablesMember2022-01-280001571996us-gaap:FinancialAssetNotPastDueMemberus-gaap:LoansAndFinanceReceivablesMember2022-10-280001571996us-gaap:LoansAndFinanceReceivablesMemberdell:FinancingReceivables1To89DaysPastDueMember2022-10-280001571996us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:LoansAndFinanceReceivablesMember2022-10-280001571996us-gaap:FinancialAssetNotPastDueMemberus-gaap:LoansAndFinanceReceivablesMember2022-01-280001571996us-gaap:LoansAndFinanceReceivablesMemberdell:FinancingReceivables1To89DaysPastDueMember2022-01-280001571996us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:LoansAndFinanceReceivablesMember2022-01-280001571996dell:FICOScoreGreaterthan720Memberus-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMember2022-10-280001571996dell:FICOScoreGreaterthan720Memberus-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996dell:FICOScoreGreaterthan720Memberdell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996dell:FICOScoreGreaterthan720Member2022-10-280001571996dell:FICOScore660to719Memberus-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMember2022-10-280001571996dell:FICOScore660to719Memberus-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996dell:FICOScore660to719Memberdell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996dell:FICOScore660to719Member2022-10-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMemberdell:FICOScoreLessThan660Member2022-10-280001571996dell:FICOScoreLessThan660Memberus-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996dell:FICOScoreLessThan660Memberdell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996dell:FICOScoreLessThan660Member2022-10-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMember2022-10-280001571996us-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996dell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-10-280001571996dell:FICOScoreGreaterthan720Memberus-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMember2022-01-280001571996dell:FICOScoreGreaterthan720Memberus-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996dell:FICOScoreGreaterthan720Memberdell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996dell:FICOScoreGreaterthan720Member2022-01-280001571996dell:FICOScore660to719Memberus-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMember2022-01-280001571996dell:FICOScore660to719Memberus-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996dell:FICOScore660to719Memberdell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996dell:FICOScore660to719Member2022-01-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMemberdell:FICOScoreLessThan660Member2022-01-280001571996dell:FICOScoreLessThan660Memberus-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996dell:FICOScoreLessThan660Memberdell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996dell:FICOScoreLessThan660Member2022-01-280001571996us-gaap:FinanceLeasesPortfolioSegmentMemberdell:ConsumerAndSmallCommercialBorrowerMember2022-01-280001571996us-gaap:ConsumerBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996dell:SmallAndMediumCommercialBorrowerMemberdell:RevolvingLoanPortfolioSegmentMember2022-01-280001571996dell:LeaseReceivableFixedTermLoansMember2022-10-280001571996dell:LeaseReceivableRevolvingLoansMember2022-10-280001571996dell:SecuritizationProgramMemberdell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberus-gaap:SecuredDebtMembercountry:US2022-10-280001571996dell:SecuritizationProgramMemberdell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberus-gaap:SecuredDebtMembercountry:US2022-01-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberdell:FixedTermSecuritizationProgramsMemberus-gaap:SecuredDebtMembercountry:US2022-10-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberdell:FixedTermSecuritizationProgramsMemberus-gaap:SecuredDebtMembercountry:US2022-01-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberus-gaap:SecuredDebtMembercountry:USdell:OtherStructuredFinancingProgramsMember2022-10-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberus-gaap:SecuredDebtMembercountry:USdell:OtherStructuredFinancingProgramsMember2022-01-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberus-gaap:SecuredDebtMembercountry:US2022-10-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberus-gaap:SecuredDebtMembercountry:US2022-01-280001571996dell:SecuritizationProgramMemberdell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberus-gaap:SecuredDebtMemberus-gaap:NonUsMember2022-10-280001571996dell:SecuritizationProgramMemberdell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberus-gaap:SecuredDebtMemberus-gaap:NonUsMember2022-01-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberus-gaap:SecuredDebtMemberus-gaap:NonUsMemberdell:OtherStructuredFinancingProgramsMember2022-10-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberus-gaap:SecuredDebtMemberus-gaap:NonUsMemberdell:OtherStructuredFinancingProgramsMember2022-01-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberdell:DebtDueDecember2020Memberus-gaap:SecuredDebtMemberus-gaap:NonUsMember2022-10-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberdell:DebtDueDecember2020Memberus-gaap:SecuredDebtMemberus-gaap:NonUsMember2022-01-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberdell:DellBankBondsMemberus-gaap:UnsecuredDebtMemberus-gaap:NonUsMember2022-10-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberdell:DellBankBondsMemberus-gaap:UnsecuredDebtMemberus-gaap:NonUsMember2022-01-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberus-gaap:SecuredDebtMemberus-gaap:NonUsMember2022-10-280001571996dell:FinanceLeasesandRevolvingLoanPortfolioSegmentsMemberus-gaap:SecuredDebtMemberus-gaap:NonUsMember2022-01-280001571996dell:StructuredFinancingDebtMemberus-gaap:SecuredDebtMember2022-10-280001571996dell:StructuredFinancingDebtMemberus-gaap:SecuredDebtMember2022-01-280001571996country:US2022-10-28dell:facility0001571996dell:FixedTermSecuritizationProgramsMemberus-gaap:SecuredDebtMembersrt:MinimumMember2022-10-280001571996dell:FixedTermSecuritizationProgramsMemberus-gaap:SecuredDebtMembersrt:MaximumMember2022-10-280001571996us-gaap:SecuredDebtMembercountry:CAdell:OtherStructuredFinancingProgramsMember2022-10-280001571996srt:EuropeMemberus-gaap:SecuredDebtMemberdell:OtherStructuredFinancingProgramsMember2022-10-280001571996dell:AUSTRALIAAndNEWZEALANDMemberus-gaap:SecuredDebtMemberdell:OtherStructuredFinancingProgramsMember2022-10-280001571996dell:DebtDueDecember2020Member2022-10-280001571996dell:DebtDueDecember2020Memberdell:MexicanInterbankEquilibriumInterestRateMembercurrency:MXN2022-01-292022-10-280001571996dell:DellBankBondsMemberus-gaap:UnsecuredDebtMember2020-06-24iso4217:EUR0001571996dell:DellBankBondsMemberus-gaap:UnsecuredDebtMember2020-06-242020-06-240001571996dell:DellBankBondsMemberus-gaap:UnsecuredDebtMember2021-10-270001571996dell:DellBankBondsMemberus-gaap:UnsecuredDebtMember2021-10-272021-10-270001571996dell:DellBankBondsMemberus-gaap:UnsecuredDebtMember2022-10-180001571996dell:DellBankBondsMemberus-gaap:UnsecuredDebtMember2022-10-182022-10-180001571996us-gaap:OtherCurrentAssetsMemberus-gaap:VariableInterestEntityPrimaryBeneficiaryMember2022-10-280001571996us-gaap:OtherCurrentAssetsMemberus-gaap:VariableInterestEntityPrimaryBeneficiaryMember2022-01-280001571996dell:FinancingReceivablesShorttermNetMemberus-gaap:VariableInterestEntityPrimaryBeneficiaryMember2022-10-280001571996dell:FinancingReceivablesShorttermNetMemberus-gaap:VariableInterestEntityPrimaryBeneficiaryMember2022-01-280001571996dell:FinancingReceivablesLongtermNetMemberus-gaap:VariableInterestEntityPrimaryBeneficiaryMember2022-10-280001571996dell:FinancingReceivablesLongtermNetMemberus-gaap:VariableInterestEntityPrimaryBeneficiaryMember2022-01-280001571996us-gaap:VariableInterestEntityPrimaryBeneficiaryMemberus-gaap:PropertyPlantAndEquipmentMember2022-10-280001571996us-gaap:VariableInterestEntityPrimaryBeneficiaryMemberus-gaap:PropertyPlantAndEquipmentMember2022-01-280001571996us-gaap:VariableInterestEntityPrimaryBeneficiaryMemberus-gaap:ShortTermDebtMember2022-10-280001571996us-gaap:VariableInterestEntityPrimaryBeneficiaryMemberus-gaap:ShortTermDebtMember2022-01-280001571996us-gaap:LongTermDebtMemberus-gaap:VariableInterestEntityPrimaryBeneficiaryMember2022-10-280001571996us-gaap:LongTermDebtMemberus-gaap:VariableInterestEntityPrimaryBeneficiaryMember2022-01-280001571996us-gaap:VariableInterestEntityPrimaryBeneficiaryMember2022-07-302022-10-280001571996us-gaap:VariableInterestEntityPrimaryBeneficiaryMember2021-07-312021-10-290001571996us-gaap:VariableInterestEntityPrimaryBeneficiaryMember2022-01-292022-10-280001571996us-gaap:VariableInterestEntityPrimaryBeneficiaryMember2021-01-302021-10-290001571996srt:MinimumMember2022-10-280001571996srt:MaximumMember2022-10-280001571996us-gaap:SegmentDiscontinuedOperationsMember2021-01-302021-10-290001571996dell:A545DueJune152023Memberus-gaap:UnsecuredDebtMember2022-10-280001571996dell:A545DueJune152023Memberus-gaap:UnsecuredDebtMember2022-01-280001571996us-gaap:UnsecuredDebtMemberdell:A400DueJuly2024Member2022-10-280001571996us-gaap:UnsecuredDebtMemberdell:A400DueJuly2024Member2022-01-280001571996dell:A585DueJuly2025Memberus-gaap:UnsecuredDebtMember2022-10-280001571996dell:A585DueJuly2025Memberus-gaap:UnsecuredDebtMember2022-01-280001571996dell:A602DueJune152026Memberus-gaap:UnsecuredDebtMember2022-10-280001571996dell:A602DueJune152026Memberus-gaap:UnsecuredDebtMember2022-01-280001571996dell:A490DueOctober2026Memberus-gaap:UnsecuredDebtMember2022-10-280001571996dell:A490DueOctober2026Memberus-gaap:UnsecuredDebtMember2022-01-280001571996dell:A610DueJuly2027Memberus-gaap:UnsecuredDebtMember2022-10-280001571996dell:A610DueJuly2027Memberus-gaap:UnsecuredDebtMember2022-01-280001571996dell:A530DueOctober2029Memberus-gaap:UnsecuredDebtMember2022-10-280001571996dell:A530DueOctober2029Memberus-gaap:UnsecuredDebtMember2022-01-280001571996us-gaap:UnsecuredDebtMemberdell:A620DueJuly2030Member2022-10-280001571996us-gaap:UnsecuredDebtMemberdell:A620DueJuly2030Member2022-01-280001571996us-gaap:UnsecuredDebtMemberdell:A8.10dueJuly152036NotesMember2022-10-280001571996us-gaap:UnsecuredDebtMemberdell:A8.10dueJuly152036NotesMember2022-01-280001571996us-gaap:UnsecuredDebtMemberdell:A3375DueDecember2041Member2022-10-280001571996us-gaap:UnsecuredDebtMemberdell:A3375DueDecember2041Member2022-01-280001571996us-gaap:UnsecuredDebtMemberdell:A835DueJuly152046Member2022-10-280001571996us-gaap:UnsecuredDebtMemberdell:A835DueJuly152046Member2022-01-280001571996us-gaap:UnsecuredDebtMemberdell:A345FirstLienDueDecember2051Member2022-10-280001571996us-gaap:UnsecuredDebtMemberdell:A345FirstLienDueDecember2051Member2022-01-280001571996us-gaap:UnsecuredDebtMemberdell:A7.10DueApril2028NotesMember2022-10-280001571996us-gaap:UnsecuredDebtMemberdell:A7.10DueApril2028NotesMember2022-01-280001571996dell:A6.50DueApril2038NotesMemberus-gaap:UnsecuredDebtMember2022-10-280001571996dell:A6.50DueApril2038NotesMemberus-gaap:UnsecuredDebtMember2022-01-280001571996us-gaap:UnsecuredDebtMemberdell:A5.40DueSeptember2040NotesMember2022-10-280001571996us-gaap:UnsecuredDebtMemberdell:A5.40DueSeptember2040NotesMember2022-01-280001571996us-gaap:OtherDebtSecuritiesMember2022-10-280001571996us-gaap:OtherDebtSecuritiesMember2022-01-280001571996us-gaap:CommercialPaperMemberdell:CommercialPaperProgramMember2022-07-180001571996us-gaap:CommercialPaperMemberdell:CommercialPaperProgramMember2022-07-182022-07-180001571996us-gaap:CommercialPaperMemberdell:CommercialPaperProgramMember2022-10-280001571996us-gaap:CommercialPaperMemberdell:CommercialPaperProgramMember2022-01-292022-10-280001571996us-gaap:UnsecuredDebtMember2016-06-010001571996us-gaap:UnsecuredDebtMember2016-06-220001571996us-gaap:UnsecuredDebtMember2019-03-200001571996us-gaap:UnsecuredDebtMember2020-04-090001571996us-gaap:SeniorNotesMember2021-12-130001571996dell:FirstLienNotesMemberus-gaap:SecuredDebtMember2021-06-300001571996dell:FirstLienNotesMemberus-gaap:SecuredDebtMember2022-10-280001571996dell:A2021RevolvingCreditFacilityMember2021-11-010001571996dell:A2021RevolvingCreditFacilityLetterOfCreditSubFacilityMember2021-11-010001571996dell:A2021RevolvingCreditFacilitySwingLineSubFacilityMember2021-11-010001571996dell:A2021RevolvingCreditFacilityIncrementalCommitmentsMember2021-11-010001571996us-gaap:LondonInterbankOfferedRateLIBORMemberdell:A2021RevolvingCreditFacilityMember2022-01-292022-10-280001571996dell:A2021RevolvingCreditFacilityMember2022-10-280001571996us-gaap:SubsequentEventMemberdell:A2021RevolvingCreditFacilityMember2022-12-050001571996dell:FirstLienNotesMember2022-10-280001571996dell:LegacyNotesAndDebenturesMember2022-10-280001571996dell:StructuredFinancingDebtMember2022-10-280001571996dell:OtherDebtMember2022-10-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberdell:ForeignExchangeForwardandOptionMember2022-01-292022-10-280001571996us-gaap:NondesignatedMemberus-gaap:ForeignExchangeForwardMember2022-01-292022-10-280001571996us-gaap:NondesignatedMemberus-gaap:ForeignExchangeForwardMemberdell:FinancingReceivablesMember2022-01-292022-10-280001571996us-gaap:NondesignatedMemberdell:StructuredFinancingDebtMemberus-gaap:InterestRateSwapMember2022-01-292022-10-280001571996us-gaap:NondesignatedMemberus-gaap:InterestRateSwapMember2022-01-292022-10-280001571996us-gaap:NondesignatedMemberus-gaap:CrossCurrencyInterestRateContractMember2022-01-292022-10-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMember2022-10-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMember2022-01-280001571996us-gaap:ForeignExchangeContractMember2022-10-280001571996us-gaap:ForeignExchangeContractMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:InterestRateContractMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:InterestRateContractMember2022-01-280001571996us-gaap:SalesMember2022-07-302022-10-280001571996us-gaap:ForeignExchangeContractMember2022-07-302022-10-280001571996us-gaap:CostOfSalesMember2022-07-302022-10-280001571996us-gaap:InterestRateContractMember2022-07-302022-10-280001571996us-gaap:NonoperatingIncomeExpenseMember2022-07-302022-10-280001571996us-gaap:SalesMember2021-07-312021-10-290001571996us-gaap:ForeignExchangeContractMember2021-07-312021-10-290001571996us-gaap:CostOfSalesMember2021-07-312021-10-290001571996us-gaap:InterestRateContractMember2021-07-312021-10-290001571996us-gaap:NonoperatingIncomeExpenseMember2021-07-312021-10-290001571996us-gaap:SegmentDiscontinuedOperationsMember2021-07-312021-10-290001571996us-gaap:SalesMember2022-01-292022-10-280001571996us-gaap:ForeignExchangeContractMember2022-01-292022-10-280001571996us-gaap:CostOfSalesMember2022-01-292022-10-280001571996us-gaap:InterestRateContractMember2022-01-292022-10-280001571996us-gaap:NonoperatingIncomeExpenseMember2022-01-292022-10-280001571996us-gaap:SalesMember2021-01-302021-10-290001571996us-gaap:ForeignExchangeContractMember2021-01-302021-10-290001571996us-gaap:CostOfSalesMember2021-01-302021-10-290001571996us-gaap:InterestRateContractMember2021-01-302021-10-290001571996us-gaap:NonoperatingIncomeExpenseMember2021-01-302021-10-290001571996us-gaap:SegmentDiscontinuedOperationsMember2021-01-302021-10-290001571996us-gaap:NonoperatingIncomeExpenseMemberus-gaap:ForeignExchangeContractMember2022-07-302022-10-280001571996us-gaap:NonoperatingIncomeExpenseMemberus-gaap:ForeignExchangeContractMember2021-07-312021-10-290001571996us-gaap:NonoperatingIncomeExpenseMemberus-gaap:ForeignExchangeContractMember2022-01-292022-10-280001571996us-gaap:NonoperatingIncomeExpenseMemberus-gaap:ForeignExchangeContractMember2021-01-302021-10-290001571996us-gaap:NonoperatingIncomeExpenseMemberus-gaap:InterestRateContractMember2022-07-302022-10-280001571996us-gaap:NonoperatingIncomeExpenseMemberus-gaap:InterestRateContractMember2021-07-312021-10-290001571996us-gaap:NonoperatingIncomeExpenseMemberus-gaap:InterestRateContractMember2022-01-292022-10-280001571996us-gaap:NonoperatingIncomeExpenseMemberus-gaap:InterestRateContractMember2021-01-302021-10-290001571996us-gaap:ForeignExchangeContractMemberus-gaap:SegmentDiscontinuedOperationsMember2022-07-302022-10-280001571996us-gaap:ForeignExchangeContractMemberus-gaap:SegmentDiscontinuedOperationsMember2021-07-312021-10-290001571996us-gaap:ForeignExchangeContractMemberus-gaap:SegmentDiscontinuedOperationsMember2022-01-292022-10-280001571996us-gaap:ForeignExchangeContractMemberus-gaap:SegmentDiscontinuedOperationsMember2021-01-302021-10-290001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentAssetsMember2022-10-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:ForeignExchangeContractMember2022-10-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentLiabilitiesMember2022-10-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherNoncurrentLiabilitiesMember2022-10-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherCurrentAssetsMember2022-10-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMember2022-10-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherCurrentLiabilitiesMember2022-10-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2022-10-280001571996us-gaap:DesignatedAsHedgingInstrumentMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentAssetsMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:ForeignExchangeContractMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentLiabilitiesMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherNoncurrentLiabilitiesMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:InterestRateContractMemberus-gaap:OtherCurrentAssetsMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:InterestRateContractMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:InterestRateContractMemberus-gaap:OtherCurrentLiabilitiesMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:InterestRateContractMemberus-gaap:OtherNoncurrentLiabilitiesMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:OtherCurrentAssetsMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:OtherNoncurrentAssetsMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:OtherCurrentLiabilitiesMember2022-10-280001571996us-gaap:NondesignatedMemberus-gaap:OtherNoncurrentLiabilitiesMember2022-10-280001571996us-gaap:NondesignatedMember2022-10-280001571996us-gaap:OtherCurrentAssetsMember2022-10-280001571996us-gaap:OtherNoncurrentAssetsMember2022-10-280001571996us-gaap:OtherCurrentLiabilitiesMember2022-10-280001571996us-gaap:OtherNoncurrentLiabilitiesMember2022-10-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentAssetsMember2022-01-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:ForeignExchangeContractMember2022-01-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentLiabilitiesMember2022-01-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherNoncurrentLiabilitiesMember2022-01-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherCurrentAssetsMember2022-01-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMember2022-01-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherCurrentLiabilitiesMember2022-01-280001571996us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2022-01-280001571996us-gaap:DesignatedAsHedgingInstrumentMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentAssetsMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:ForeignExchangeContractMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentLiabilitiesMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherNoncurrentLiabilitiesMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:InterestRateContractMemberus-gaap:OtherCurrentAssetsMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:InterestRateContractMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:InterestRateContractMemberus-gaap:OtherCurrentLiabilitiesMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:InterestRateContractMemberus-gaap:OtherNoncurrentLiabilitiesMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:OtherCurrentAssetsMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:OtherNoncurrentAssetsMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:OtherCurrentLiabilitiesMember2022-01-280001571996us-gaap:NondesignatedMemberus-gaap:OtherNoncurrentLiabilitiesMember2022-01-280001571996us-gaap:NondesignatedMember2022-01-280001571996us-gaap:OtherCurrentAssetsMember2022-01-280001571996us-gaap:OtherNoncurrentAssetsMember2022-01-280001571996us-gaap:OtherCurrentLiabilitiesMember2022-01-280001571996us-gaap:OtherNoncurrentLiabilitiesMember2022-01-280001571996us-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMember2022-01-280001571996us-gaap:OperatingSegmentsMemberdell:ClientSolutionsMember2022-01-280001571996us-gaap:AllOtherSegmentsMemberus-gaap:OperatingSegmentsMember2022-01-280001571996us-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMember2022-01-292022-10-280001571996us-gaap:OperatingSegmentsMemberdell:ClientSolutionsMember2022-01-292022-10-280001571996us-gaap:AllOtherSegmentsMemberus-gaap:OperatingSegmentsMember2022-01-292022-10-280001571996us-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMember2022-10-280001571996us-gaap:OperatingSegmentsMemberdell:ClientSolutionsMember2022-10-280001571996us-gaap:AllOtherSegmentsMemberus-gaap:OperatingSegmentsMember2022-10-280001571996us-gaap:CustomerRelationshipsMember2022-10-280001571996us-gaap:CustomerRelationshipsMember2022-01-280001571996us-gaap:TechnologyBasedIntangibleAssetsMember2022-10-280001571996us-gaap:TechnologyBasedIntangibleAssetsMember2022-01-280001571996us-gaap:TradeNamesMember2022-10-280001571996us-gaap:TradeNamesMember2022-01-280001571996us-gaap:TradeNamesMember2022-10-280001571996us-gaap:TradeNamesMember2022-01-2800015719962022-10-292022-10-2800015719962023-10-292022-10-280001571996dell:ClassVTransactionClassActionCaseMember2018-12-282018-12-280001571996dell:ClassVTransactionClassActionCaseMember2018-11-012018-11-30dell:plaintiff0001571996dell:ClassActionsVMwareIncsAcquisitionOfPivotalSoftwareMember2019-12-302019-12-300001571996us-gaap:AccumulatedTranslationAdjustmentMember2022-01-280001571996us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-01-280001571996us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-01-280001571996us-gaap:AccumulatedTranslationAdjustmentMember2022-01-292022-10-280001571996us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-01-292022-10-280001571996us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-01-292022-10-280001571996us-gaap:AccumulatedTranslationAdjustmentMember2022-10-280001571996us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-10-280001571996us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-10-280001571996us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-07-302022-10-280001571996us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-07-302022-10-280001571996us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2022-07-302022-10-280001571996us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-07-312021-10-290001571996us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-07-312021-10-290001571996us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2021-07-312021-10-290001571996us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2022-01-292022-10-280001571996us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2022-01-292022-10-280001571996us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2022-01-292022-10-280001571996us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2021-01-302021-10-290001571996us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2021-01-302021-10-290001571996us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember2021-01-302021-10-290001571996us-gaap:CommonClassAMember2022-10-280001571996us-gaap:CommonClassBMember2022-10-280001571996us-gaap:CommonClassCMember2022-10-280001571996dell:CommonClassDMember2022-10-280001571996us-gaap:CommonClassAMember2022-01-280001571996us-gaap:CommonClassBMember2022-01-280001571996us-gaap:CommonClassCMember2022-01-280001571996dell:CommonClassDMember2022-01-280001571996dell:CommonClassVMember2022-01-2800015719962022-06-292022-06-290001571996us-gaap:CommonClassAMember2022-01-292022-10-28dell:vote0001571996us-gaap:CommonClassBMember2022-01-292022-10-280001571996us-gaap:CommonClassCMember2022-01-292022-10-280001571996dell:CommonClassDMember2022-01-292022-10-2800015719962022-02-242022-02-2400015719962022-04-292022-04-2900015719962022-07-292022-07-2900015719962022-06-072022-06-0700015719962022-09-062022-09-0600015719962022-10-282022-10-280001571996us-gaap:CommonClassCMember2021-09-230001571996us-gaap:SalesMemberus-gaap:ProductMemberdell:VMwareInc.Member2022-07-302022-10-280001571996us-gaap:SalesMemberus-gaap:ProductMemberdell:VMwareInc.Member2021-07-312021-10-290001571996us-gaap:SalesMemberus-gaap:ProductMemberdell:VMwareInc.Member2022-01-292022-10-280001571996us-gaap:SalesMemberus-gaap:ProductMemberdell:VMwareInc.Member2021-01-302021-10-290001571996dell:VMwareInc.Memberus-gaap:OtherCurrentAssetsMember2022-10-280001571996dell:VMwareInc.Memberus-gaap:OtherCurrentAssetsMember2022-01-280001571996dell:VMwareInc.Memberus-gaap:OtherNoncurrentAssetsMember2022-10-280001571996dell:VMwareInc.Memberus-gaap:OtherNoncurrentAssetsMember2022-01-280001571996dell:VMwareInc.Member2022-10-280001571996dell:VMwareInc.Member2022-01-280001571996dell:VMwareInc.Memberdell:TaxAgreementMember2022-10-280001571996dell:VMwareInc.Memberdell:TaxAgreementMember2022-01-280001571996dell:VMwareInc.Member2022-01-292022-10-280001571996dell:VMwareInc.Member2022-10-280001571996dell:VMwareInc.Member2022-01-28dell:segment0001571996us-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMember2022-07-302022-10-280001571996us-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMember2021-07-312021-10-290001571996us-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMember2021-01-302021-10-290001571996us-gaap:OperatingSegmentsMemberdell:ClientSolutionsMember2022-07-302022-10-280001571996us-gaap:OperatingSegmentsMemberdell:ClientSolutionsMember2021-07-312021-10-290001571996us-gaap:OperatingSegmentsMemberdell:ClientSolutionsMember2021-01-302021-10-290001571996us-gaap:OperatingSegmentsMember2022-07-302022-10-280001571996us-gaap:OperatingSegmentsMember2021-07-312021-10-290001571996us-gaap:OperatingSegmentsMember2022-01-292022-10-280001571996us-gaap:OperatingSegmentsMember2021-01-302021-10-290001571996us-gaap:AllOtherSegmentsMemberus-gaap:OperatingSegmentsMember2022-07-302022-10-280001571996us-gaap:AllOtherSegmentsMemberus-gaap:OperatingSegmentsMember2021-07-312021-10-290001571996us-gaap:AllOtherSegmentsMemberus-gaap:OperatingSegmentsMember2021-01-302021-10-290001571996us-gaap:CorporateNonSegmentMember2022-07-302022-10-280001571996us-gaap:CorporateNonSegmentMember2021-07-312021-10-290001571996us-gaap:CorporateNonSegmentMember2022-01-292022-10-280001571996us-gaap:CorporateNonSegmentMember2021-01-302021-10-290001571996us-gaap:MaterialReconcilingItemsMember2022-07-302022-10-280001571996us-gaap:MaterialReconcilingItemsMember2021-07-312021-10-290001571996us-gaap:MaterialReconcilingItemsMember2022-01-292022-10-280001571996us-gaap:MaterialReconcilingItemsMember2021-01-302021-10-290001571996dell:ServersAndNetworkingMemberus-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMember2022-07-302022-10-280001571996dell:ServersAndNetworkingMemberus-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMember2021-07-312021-10-290001571996dell:ServersAndNetworkingMemberus-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMember2022-01-292022-10-280001571996dell:ServersAndNetworkingMemberus-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMember2021-01-302021-10-290001571996us-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMemberdell:StorageMember2022-07-302022-10-280001571996us-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMemberdell:StorageMember2021-07-312021-10-290001571996us-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMemberdell:StorageMember2022-01-292022-10-280001571996us-gaap:OperatingSegmentsMemberdell:InfrastructureSolutionsGroupMemberdell:StorageMember2021-01-302021-10-290001571996us-gaap:OperatingSegmentsMemberdell:CommercialMemberdell:ClientSolutionsMember2022-07-302022-10-280001571996us-gaap:OperatingSegmentsMemberdell:CommercialMemberdell:ClientSolutionsMember2021-07-312021-10-290001571996us-gaap:OperatingSegmentsMemberdell:CommercialMemberdell:ClientSolutionsMember2022-01-292022-10-280001571996us-gaap:OperatingSegmentsMemberdell:CommercialMemberdell:ClientSolutionsMember2021-01-302021-10-290001571996us-gaap:OperatingSegmentsMemberdell:ClientSolutionsMemberdell:ConsumerMember2022-07-302022-10-280001571996us-gaap:OperatingSegmentsMemberdell:ClientSolutionsMemberdell:ConsumerMember2021-07-312021-10-290001571996us-gaap:OperatingSegmentsMemberdell:ClientSolutionsMemberdell:ConsumerMember2022-01-292022-10-280001571996us-gaap:OperatingSegmentsMemberdell:ClientSolutionsMemberdell:ConsumerMember2021-01-302021-10-290001571996us-gaap:ComputerEquipmentMember2022-10-280001571996us-gaap:ComputerEquipmentMember2022-01-280001571996us-gaap:LandAndBuildingMember2022-10-280001571996us-gaap:LandAndBuildingMember2022-01-280001571996us-gaap:OtherMachineryAndEquipmentMember2022-10-280001571996us-gaap:OtherMachineryAndEquipmentMember2022-01-280001571996dell:ClassVTransactionClassActionCaseMemberus-gaap:SubsequentEventMember2022-11-012022-12-050001571996dell:ClassVTransactionClassActionCaseMember2022-10-280001571996dell:ClassVTransactionClassActionCaseMember2022-07-302022-10-28
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 10-Q
 
(Mark One)  
 QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period endedOctober 28, 2022
or
 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from            to           
 
Commission File Number: 001-37867
 
Dell Technologies Inc.
(Exact name of registrant as specified in its charter) 
 
Delaware 80-0890963
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)
One Dell Way, Round Rock, Texas 78682
(Address of principal executive offices) (Zip Code)

1-800-289-3355 
(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class C Common Stock, par value of $0.01 per shareDELLNew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No ¨
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes þ No ¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer Accelerated filer 
Non-accelerated filer Smaller reporting company
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes  No þ
As of November 30, 2022, there were 716,128,296 shares of the registrant’s common stock outstanding, consisting of 242,297,546 outstanding shares of Class C Common Stock, 378,480,523 outstanding shares of Class A Common Stock, and 95,350,227 outstanding shares of Class B Common Stock.



1


CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The words may, will, anticipate, estimate, expect, intend, plan, aim, seek, and similar expressions as they relate to us or our management are intended to identify these forward-looking statements. All statements by us regarding our expected financial position, revenues, cash flows and other operating results, business strategy, legal proceedings (including the risk associated with final court approval of the litigation settlement agreement described in this report), future responses to and effects of the coronavirus disease 2019 (“COVID-19”), and similar matters are forward-looking statements. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. Our results could be materially different from our expectations because of various risks, including the risks discussed in “Part I — Item 1A — Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended January 28, 2022, in this report and in our other periodic and current reports filed with the Securities and Exchange Commission (“SEC”). Any forward-looking statement speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update any forward-looking statement after the date as of which such statement was made, whether to reflect changes in circumstances or our expectations, the occurrence of unanticipated events, or otherwise.

2


DELL TECHNOLOGIES INC.

TABLE OF CONTENTS


3



PART I — FINANCIAL INFORMATION

ITEM 1 FINANCIAL STATEMENTS (UNAUDITED)

Index
Page


4


DELL TECHNOLOGIES INC.
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(in millions; unaudited)
October 28, 2022January 28, 2022
ASSETS
Current assets:  
Cash and cash equivalents$4,909 $9,477 
Accounts receivable, net of allowance of $75 and $90
11,431 12,912 
Due from related party, net203 131 
Short-term financing receivables, net of allowance of $132 and $142 (Note 5)
4,915 5,089 
Inventories6,172 5,898 
Other current assets11,157 11,526 
Total current assets38,787 45,033 
Property, plant, and equipment, net5,847 5,415 
Long-term investments1,534 1,839 
Long-term financing receivables, net of allowance of $54 and $47 (Note 5)
5,659 5,522 
Goodwill19,366 19,770 
Intangible assets, net6,728 7,461 
Due from related party, net612 710 
Other non-current assets6,639 6,985 
Total assets$85,172 $92,735 
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:  
Short-term debt$6,767 $5,823 
Accounts payable22,507 27,143 
Due to related party712 1,414 
Accrued and other7,915 7,578 
Short-term deferred revenue14,106 14,261 
Total current liabilities52,007 56,219 
Long-term debt20,562 21,131 
Long-term deferred revenue12,983 13,312 
Other non-current liabilities2,988 3,653 
Total liabilities88,540 94,315 
Commitments and contingencies (Note 11)
Stockholders’ equity (deficit):
Common stock and capital in excess of $0.01 par value (Note 14)
8,216 7,898 
Treasury stock at cost(3,663)(964)
Accumulated deficit(7,102)(8,188)
Accumulated other comprehensive loss(920)(431)
Total Dell Technologies Inc. stockholders’ equity (deficit)(3,469)(1,685)
Non-controlling interests101 105 
Total stockholders’ equity (deficit)(3,368)(1,580)
Total liabilities and stockholders’ equity$85,172 $92,735 

The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.

5


DELL TECHNOLOGIES INC.
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(in millions, except per share amounts; unaudited)
Three Months EndedNine Months Ended
 October 28, 2022October 29, 2021October 28, 2022October 29, 2021
Net revenue: 
Products$18,938 $20,979 $60,212 $57,361 
Services5,783 5,445 17,050 15,844 
Total net revenue24,721 26,424 77,262 73,205 
Cost of net revenue (a):
Products15,601 17,833 50,281 47,959 
Services3,413 3,057 10,051 8,973 
Total cost of net revenue19,014 20,890 60,332 56,932 
Gross margin5,707 5,534 16,930 16,273 
Operating expenses:
Selling, general, and administrative3,268 3,838 10,364 11,257 
Research and development677 650 1,984 1,966 
Total operating expenses3,945 4,488 12,348 13,223 
Operating income1,762 1,046 4,582 3,050 
Interest and other, net(1,308)3,501 (2,280)2,921 
Income before income taxes454 4,547 2,302 5,971 
Income tax expense213 864 486 1,000 
Net income from continuing operations241 3,683 1,816 4,971 
Income from discontinued operations, net of income taxes (Note 2)
 205  735 
Net income241 3,888 1,816 5,706 
Less: Net loss attributable to non-controlling interests(4)(2)(12)(5)
Less: Net income attributable to non-controlling interests of discontinued operations 47  150 
Net income attributable to Dell Technologies Inc.$245 $3,843 $1,828 $5,561 
Earnings per share attributable to Dell Technologies Inc. — basic:
Continuing operations $0.34 $4.81 $2.47 $6.53 
Discontinued operations$ $0.21 $ $0.77 
Earnings per share attributable to Dell Technologies Inc. — diluted:
Continuing operations$0.33 $4.68 $2.41 $6.34 
Discontinued operations$ $0.19 $ $0.74 
(a) Includes related party cost of net revenue as follows (Note 16):
Products$281 $355 $962 $1,061 
Services $733 $636 $2,204 $1,830 
 
The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.

6


DELL TECHNOLOGIES INC.
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(in millions; unaudited)
Three Months EndedNine Months Ended
October 28, 2022October 29, 2021October 28, 2022October 29, 2021
Net income$241 $3,888 $1,816 $5,706 
Other comprehensive income (loss), net of tax
Foreign currency translation adjustments(196)(61)(620)(201)
Cash flow hedges:
Change in unrealized gains306 86 844 150 
Reclassification adjustment for net gains included in net income(324)(74)(726)(34)
Net change in cash flow hedges(18)12 118 116 
Pension and other postretirement plans:
Recognition of actuarial net gains (losses) from pension and other postretirement plans(2)1 11 2 
Reclassification adjustments for net losses from pension and other postretirement plans1 1 1 3 
Net change in actuarial net gains (losses) from pension and other postretirement plans(1)2 12 5 
Total other comprehensive (loss), net of tax expense of $6 and $1, respectively, and $14 and $6, respectively
(215)(47)(490)(80)
Comprehensive income, net of tax26 3,841 1,326 5,626 
Less: Net income (loss) attributable to non-controlling interests(4)45 (12)145 
Less: Other comprehensive (loss) attributable to non-controlling interests  (1) 
Comprehensive income attributable to Dell Technologies Inc.$30 $3,796 $1,339 $5,481 

The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.

7


DELL TECHNOLOGIES INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in millions; continued on next page; unaudited)
 Nine Months Ended
 October 28, 2022October 29, 2021
Cash flows from operating activities: 
Net income$1,816 $5,706 
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization2,302 3,721 
Stock-based compensation expense703 1,406 
Deferred income taxes(745)(450)
Other, net (a)648 (4,312)
Changes in assets and liabilities, net of effects from acquisitions and dispositions:
Accounts receivable803 (1,587)
Financing receivables(286)234 
Inventories(485)(2,063)
Other assets and liabilities430 (1,624)
Due from/to related party, net(641) 
Accounts payable(4,466)5,149 
Deferred revenue772 1,034 
Change in cash from operating activities851 7,214 
Cash flows from investing activities:
Purchases of investments(101)(320)
Maturities and sales of investments99 454 
Capital expenditures and capitalized software development costs(2,244)(2,056)
Acquisition of businesses and assets, net (16)
Divestitures of businesses and assets, net 3,957 
Other18 34 
Change in cash from investing activities(2,228)2,053 
Cash flows from financing activities:
Proceeds from the issuance of common stock
5 326 
Repurchases of parent common stock
(3,090)(35)
Repurchases of subsidiary common stock(8)(1,174)
Payments of dividends to stockholders(728) 
Proceeds from debt8,779 13,037 
Repayments of debt(8,079)(13,069)
Debt-related costs and other, net(17)(113)
Change in cash from financing activities(3,138)(1,028)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash(343)(54)
Change in cash, cash equivalents, and restricted cash(4,858)8,185 
____________________
(a)    During the nine months ended October 29, 2021, other, net, includes $4.0 billion pre-tax gain on the sale of Boomi.
The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.




8


DELL TECHNOLOGIES INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(continued; in millions; unaudited)

 Nine Months Ended
 October 28, 2022October 29, 2021
Change in cash, cash equivalents, and restricted cash(4,858)8,185 
Cash, cash equivalents, and restricted cash at beginning of the period, including cash attributable to discontinued operations10,082 15,184 
Cash, cash equivalents, and restricted cash at end of the period, including cash attributable to discontinued operations5,224 23,369 
Less: Cash, cash equivalents, and restricted cash attributable to discontinued operations 12,553 
Cash, cash equivalents, and restricted cash from continuing operations$5,224 $10,816 

The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.

9


DELL TECHNOLOGIES INC.
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
(in millions; continued on next page; unaudited)

Common Stock and Capital in Excess of Par ValueTreasury Stock
Three Months Ended October 28, 2022Issued SharesAmountSharesAmountAccumulated DeficitAccumulated Other Comprehensive Income/(Loss)Dell Technologies
Stockholders’ Equity (Deficit)
Non-Controlling Interests
Total Stockholders Equity (Deficit)
Balances as of July 29, 2022796 $8,005 62 $(3,054)$(7,106)$(705)$(2,860)$105 $(2,755)
Net income— — — — 245 — 245 (4)241 
Dividends and dividend equivalents declared ($0.33 per common share)
— — — — (241)— (241)— (241)
Foreign currency translation adjustments— — — — — (196)(196)— (196)
Cash flow hedges, net change— — — — — (18)(18)— (18)
Pension and other post-retirement— — — — — (1)(1)— (1)
Issuance of common stock1 (22)— — — — (22)— (22)
Stock-based compensation expense— 226 — — — — 226 9 235 
Treasury stock repurchases— — 17 (609)— — (609)— (609)
Impact from equity transactions of non-controlling interests— 7 — — — — 7 (9)(2)
Balances as of October 28, 2022797 $8,216 79 $(3,663)$(7,102)$(920)$(3,469)$101 $(3,368)
Common Stock and Capital in Excess of Par ValueTreasury Stock
Nine Months Ended October 28, 2022Issued SharesAmountSharesAmountAccumulated DeficitAccumulated Other Comprehensive Income/(Loss)Dell Technologies
Stockholders’ Equity (Deficit)
Non-Controlling Interests
Total Stockholders Equity (Deficit)
Balances as of January 28, 2022777 $7,898 20 $(964)$(8,188)$(431)$(1,685)$105 $(1,580)
Net income— — — — 1,828 — 1,828 (12)1,816 
Dividends and dividend equivalents declared ($0.99 per common share)
— — — — (742)— (742)— (742)
Foreign currency translation adjustments— — — — — (619)(619)(1)(620)
Cash flow hedges, net change— — — — — 118 118 — 118 
Pension and other post-retirement— — — — — 12 12 — 12 
Issuance of common stock20 (366)— — — — (366)— (366)
Stock-based compensation expense— 677 — — — — 677 26 703 
Treasury stock repurchases— — 59 (2,699)— — (2,699)— (2,699)
Impact from equity transactions of non-controlling interests— 7 — — — — 7 (17)(10)
Balances as of October 28, 2022797 $8,216 79 $(3,663)$(7,102)$(920)$(3,469)$101 $(3,368)
The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.

10


DELL TECHNOLOGIES INC.
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)
(continued; in millions; unaudited)

Capital in Excess of Par ValueTreasury Stock
Three Months Ended October 29, 2021Issued SharesAmountSharesAmountAccumulated DeficitAccumulated Other Comprehensive Income/(Loss)Dell Technologies
Stockholders’ Equity (Deficit)
Non-Controlling InterestsTotal Stockholders’ Equity (Deficit)
Balances as of July 31, 2021773 $17,510 8 $(305)$(12,033)$(347)$4,825 $5,118 $9,943 
Net income— — — — 3,843 — 3,843 45 3,888 
Foreign currency translation adjustments— — — — — (61)(61)— (61)
Cash flow hedges, net change— — — — — 12 12 — 12 
Pension and other post-retirement— — — — — 2 2 — 2 
Issuance of common stock2 (9)— — — — (9)— (9)
Stock-based compensation expense— 204 — — — — 204 268 472 
Impact from equity transactions of non-controlling interests— 138 — — — — 138 (191)(53)
Balances as of October 29, 2021775