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SEGMENT INFORMATION
 6 Months Ended
Aug. 02, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company has two reportable segments that are based on the following business units: Infrastructure Solutions Group (“ISG”) and Client Solutions Group (“CSG”).

ISG includes the Company’s storage, server, and networking offerings. The Company’s comprehensive storage portfolio includes modern and traditional storage solutions, including all-flash arrays, scale-out file, object platforms, hyper-converged infrastructure, and software-defined storage. The Company’s server portfolio includes high-performance general-purpose and AI-optimized servers. The Company’s networking portfolio includes wide area network infrastructure, data center and edge networking switches, and cables and optics. ISG also offers software, peripherals, and services, including consulting and support and deployment.

CSG includes offerings designed for commercial and consumer customers. The Company’s CSG portfolio includes branded PCs, including notebooks, desktops, and workstations, branded peripherals, and third-party software and peripherals. CSG also includes services offerings, such as configuration, support and deployment, and extended warranties.

The reportable segments disclosed herein are based on information reviewed by the Company’s management to evaluate the business segment results. The Company’s measure of segment revenue and segment operating income for management reporting purposes excludes operating results of other businesses, unallocated corporate transactions, amortization of intangible assets, stock-based compensation expense, and other corporate expenses, as applicable. The Company does not allocate assets to the above reportable segments for internal reporting purposes.

Following its acquisition by Broadcom on November 22, 2023, VMware announced changes to its go-to-market approach for VMware offerings that impacted the Company’s commercial relationship with VMware. On March 25, 2024, the Company terminated the Commercial Framework Agreement with VMware, which provided the framework pursuant to which the Company and VMware continued the commercial relationship following the VMware Spin-off and under which Dell Technologies acted as a distributor of VMware’s stand-alone products and services and purchased such products and services for resale to end-user customers (“VMware Resale”). Dell Technologies no longer acts as a distributor of VMware’s standalone products and services, though the Company will continue to support customers that have purchased resale offerings sold in prior periods. The results of VMware Resale transactions are reflected in other businesses. The Company continues to integrate certain VMware products and services with select Dell Technologies’ offerings to end-users. The results of such offerings are reflected within CSG or ISG, depending upon the nature of the underlying offering sold.
The following table presents a reconciliation of net revenue by the Company’s reportable segments to the Company’s consolidated net revenue as well as a reconciliation of segment operating income to the Company’s consolidated operating income for the periods indicated:
 Three Months EndedSix Months Ended
 August 2, 2024August 4, 2023August 2, 2024August 4, 2023
 (in millions)
Consolidated net revenue:   
Infrastructure Solutions Group$11,646 $8,461 $20,873 $16,054 
Client Solutions Group12,414 12,942 24,381 24,925 
Reportable segment net revenue24,060 21,403 45,254 40,979 
Other businesses (a)966 1,528 2,015 2,871 
Unallocated transactions (b)— 3 1 6 
Total consolidated net revenue$25,026 $22,934 $47,270 $43,856 
Consolidated operating income:
Infrastructure Solutions Group$1,284 $1,049 $2,020 $1,789 
Client Solutions Group767 969 1,499 1,861 
Reportable segment operating income2,051 2,018 3,519 3,650 
Other businesses (a)(17)(44)(11)(80)
Unallocated transactions (b)— 3 — 5 
Amortization of intangibles (c)(168)(213)(336)(416)
Stock-based compensation expense (d)(191)(223)(401)(448)
Other corporate expenses (e)(333)(376)(509)(477)
Total consolidated operating income$1,342 $1,165 $2,262 $2,234 
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(a)Other businesses consists of (i) VMware Resale, (ii) Secureworks, and (iii) 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)Amortization of intangibles includes non-cash purchase accounting adjustments that are primarily related to the EMC merger transaction.
(d)Stock-based compensation expense consists of equity awards granted based on the estimated fair value of those awards at grant date.
(e)Other corporate expenses includes severance expenses, payroll taxes associated with stock-based compensation, facility action costs, transaction-related expenses, impairment charges, incentive charges related to equity investments, and other costs.
The following table presents the disaggregation of net revenue by reportable segment and by major product categories within the segments for the periods indicated:
 Three Months EndedSix Months Ended
 August 2, 2024August 4, 2023August 2, 2024August 4, 2023
 (in millions)
Net revenue:   
Infrastructure Solutions Group:
Servers and networking$7,672 $4,274 $13,138 $8,111 
Storage3,974 4,187 7,735 7,943 
Total ISG net revenue$11,646 $8,461 $20,873 $16,054 
Client Solutions Group:
Commercial$10,556 $10,554 $20,710 $20,416 
Consumer1,858 2,388 3,671 4,509 
Total CSG net revenue$12,414 $12,942 $24,381 $24,925