DELL TECHNOLOGIES INC. Segment Information (in millions, except percentages; unaudited; continued) | |||||||
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| Three Months Ended |
| Fiscal Year Ended | ||||
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| February 2,
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| February 3,
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| February 2,
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| February 3,
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Reconciliation to consolidated net revenue: |
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Reportable segment net revenue | $ 21,047 |
| $ 23,266 |
| $ 82,801 |
| $ 96,569 |
Other businesses (a) | 1,269 |
| 1,770 |
| 5,614 |
| 5,721 |
Unallocated transactions (b) | 2 |
| 3 |
| 10 |
| 11 |
Total consolidated net revenue | $ 22,318 |
| $ 25,039 |
| $ 88,425 |
| $ 102,301 |
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Reconciliation to consolidated operating income: |
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Reportable segment operating income | $ 2,154 |
| $ 2,214 |
| $ 7,798 |
| $ 8,869 |
Other businesses (a) | (17) |
| (48) |
| (129) |
| (240) |
Unallocated transactions (b) | 2 |
| 4 |
| 9 |
| 8 |
Impact of purchase accounting (c) | (4) |
| (11) |
| (14) |
| (44) |
Amortization of intangibles | (206) |
| (238) |
| (819) |
| (970) |
Transaction-related expenses (d) | (3) |
| (6) |
| (12) |
| (22) |
Stock-based compensation expense (e) | (203) |
| (228) |
| (878) |
| (931) |
| Other corporate expenses (f) | (232) |
| (498) |
| (744) |
| (899) |
| Total consolidated operating income | $ 1,491 |
| $ 1,189 |
| $ 5,211 |
| $ 5,771 |
| _________________ | |
| (a) | Other businesses consists of: 1) Dell's resale of standalone VMware, Inc. products and services, "VMware Resale," 2) Secureworks, and 3) Virtustream, and do not meet the requirements for a reportable segment, either individually or collectively. |
| (b) | Unallocated transactions includes other corporate items that are not allocated to Dell Technologies' reportable segments. |
| (c) | Impact of purchase accounting includes non-cash purchase accounting adjustments that are primarily related to the EMC merger transaction. |
| (d) | Transaction-related expenses includes acquisition, integration, and divestiture related costs. From time to time, this category also may include transaction-related income related to divestitures of businesses or asset sales. |
| (e) | Stock-based compensation expense consists of equity awards granted based on the estimated fair value of those awards at grant date. |
| (f) | Other corporate expenses includes severance, impairment charges, incentive charges related to equity investments, payroll taxes associated with stock-based compensation, facilities action, and other costs. |
SUPPLEMENTAL SELECTED NON-GAAP FINANCIAL MEASURES
