DELL TECHNOLOGIES INC.

Consolidated Statements of Financial Position

(in millions; unaudited)

November 2, 2018

February 2, 2018

ASSETS

Current assets:

   Cash and cash equivalents

$                   15,152

$                   13,942

   Short-term investments

2,322

2,187

   Accounts receivable, net

11,113

11,721

   Short-term financing receivables, net

4,134

3,919

   Inventories, net

3,793

2,678

   Other current assets

6,445

5,881

   Total current assets

42,959

40,328

Property, plant, and equipment, net

5,228

5,390

Long-term investments

2,972

4,163

Long-term financing receivables, net

3,946

3,724

Goodwill

39,651

39,920

Intangible assets, net

23,787

28,265

Other non-current assets

2,698

2,403

Total assets

$                 121,241

LIABILITIES, REDEEMABLE SHARES, AND STOCKHOLDERS' EQUITY

Current liabilities:

   Short-term debt

$                     8,150

$                     7,873

   Accounts payable

19,748

18,334

   Accrued and other

7,606

8,026

   Short-term deferred revenue

12,079

11,606

   Total current liabilities

47,583

45,839

Long-term debt

40,507

43,998

Long-term deferred revenue

10,064

9,210

Other non-current liabilities

6,567

7,277

Total liabilities

104,721

106,324

Redeemable shares

2,095

384

Stockholders' equity:

   Total Dell Technologies Inc. stockholders' equity

7,592

11,719

   Non-controlling interests

6,833

5,766

 Total stockholders' equity

14,425

17,485

 Total liabilities, redeemable shares, and stockholders' equity

$                 121,241

$                 124,193