XML 56 R44.htm IDEA: XBRL DOCUMENT v3.24.2.u1
SEGMENT INFORMATION (Tables)
6 Months Ended
Aug. 02, 2024
Segment Reporting [Abstract]  
Schedule of Reconciliation of Revenue by Reportable Segments to Consolidated Net Revenue
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)— 
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)— — 
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 
____________________
(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.
Schedule of Disaggregation of Net Revenue
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