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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Apr. 29, 2022
Apr. 30, 2021
Net revenue:    
Total net revenue $ 26,116 $ 22,590
Cost of net revenue :    
Total cost of net revenue [1] 20,332 17,326
Gross margin 5,784 5,264
Operating expenses:    
Selling, general, and administrative 3,553 3,658
Research and development 681 619
Total operating expenses 4,234 4,277
Operating income 1,550 987
Interest and other, net (337) (288)
Income before income taxes 1,213 699
Income tax expense 144 40
Net income from continuing operations 1,069 659
Income from discontinued operations, net of income taxes (Note 2) 0 279
Net income 1,069 938
Less: Net loss attributable to non-controlling interests (3) (1)
Less: Net income attributable to non-controlling interests of discontinued operations 0 52
Net income attributable to Dell Technologies Inc. $ 1,072 $ 887
Earnings per share attributable to Dell Technologies Inc. — basic:    
Continuing operations - basic (in dollars per share) $ 1.42 $ 0.87
Discontinued operations - basic (in dollars per share) 0 0.30
Earnings per share attributable to Dell Technologies Inc. — diluted:    
Continuing operations - diluted (in dollars per share) 1.37 0.84
Discontinued operations - diluted (in dollars per share) $ 0 $ 0.29
Products    
Net revenue:    
Total net revenue $ 20,464 $ 17,487
Cost of net revenue :    
Total cost of net revenue [1] 17,009 14,434
Services    
Net revenue:    
Total net revenue 5,652 5,103
Cost of net revenue :    
Total cost of net revenue [1] $ 3,323 $ 2,892
[1]
(a) Includes related party cost of net revenue as follows:
Products$255 $319 
Services $709 $578