DELL TECHNOLOGIES INC.

Consolidated Statements of Financial Position

(in millions; unaudited)

August 3, 2018

February 2, 2018

ASSETS

Current assets:

Cash and cash equivalents

$

15,312

$

13,942

Short-term investments

2,504

2,187

Accounts receivable, net

11,201

11,721

Short-term financing receivables, net

4,140

3,919

Inventories, net

3,642

2,678

Other current assets

6,326

5,881

Total current assets

43,125

40,328

Property, plant, and equipment, net

5,240

5,390

Long-term investments

3,649

4,163

Long-term financing receivables, net

4,030

3,724

Goodwill

39,504

39,920

Intangible assets, net

25,208

28,265

Other non-current assets

2,625

2,403

Total assets

$

123,381

$

124,193

LIABILITIES, REDEEMABLE SHARES, AND STOCKHOLDERS' EQUITY

Current liabilities:

Short-term debt

$

9,144

$

7,873

Accounts payable

20,853

18,334

Accrued and other

7,216

8,026

Short-term deferred revenue

11,965

11,606

Total current liabilities

49,178

45,839

Long-term debt

40,414

43,998

Long-term deferred revenue

9,735

9,210

Other non-current liabilities

6,787

7,277

Total liabilities

106,114

106,324

Redeemable shares

2,056

384

Stockholders' equity:

Total Dell Technologies Inc. stockholders' equity

8,563

11,719

Non-controlling interests

6,648

5,766

Total stockholders' equity

15,211

17,485

Total liabilities, redeemable shares, and stockholders' equity

$

123,381

$

124,193