DELL TECHNOLOGIES INC.

Consolidated Statements of Financial Position

(in millions; unaudited)

August 2, 2019

February 1, 2019

ASSETS

Current assets:

Cash and cash equivalents

$

9,193

$

9,676

Accounts receivable, net

11,586

12,371

Short-term financing receivables, net

4,473

4,398

Inventories, net

3,135

3,649

Other current assets

6,929

6,044

Total current assets

36,138

Property, plant, and equipment, net

5,568

5,259

Long-term investments

768

1,005

Long-term financing receivables, net

4,350

4,224

Goodwill

39,998

40,089

Intangible assets, net

19,719

22,270

Other non-current assets

9,801

Total assets

115,520

$

111,820

LIABILITIES, REDEEMABLE SHARES, AND STOCKHOLDERS' EQUITY (DEFICIT)

Current liabilities:

Short-term debt

$

5,949

$

4,320

Accounts payable

19,411

19,213

Accrued and other

8,092

8,495

Short-term deferred revenue

13,568

12,944

Total current liabilities

47,020

44,972

Long-term debt

45,973

49,201

Long-term deferred revenue

11,780

11,066

Other non-current liabilities

6,355

6,327

Total liabilities

111,128

111,566

Redeemable shares

1,024

1,196

Stockholders' equity (deficit):

Total Dell Technologies Inc. stockholders' equity (deficit)

(2,176)

(5,765)

Non-controlling interests

5,544

4,823

Total stockholders' equity (deficit)

3,368

$

115,520

$

111,820