|
DELL TECHNOLOGIES INC. |
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|
Condensed Consolidated Statements of Cash Flows |
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|
(in millions; unaudited) |
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|
Three Months Ended |
Six Months Ended |
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|
August 3, 2018 |
August 4, 2017 |
August 3, 2018 |
August 4, 2017 |
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Cash flows from operating activities: |
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|
Net loss |
$ |
(461) |
$ |
(739) |
$ |
(999) |
$ |
(1,942) |
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|
Adjustments to reconcile net loss to net cash provided by operating activities |
3,094 |
2,559 |
4,791 |
4,047 |
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|
Change in cash from operating activities |
2,633 |
1,820 |
3,792 |
2,105 |
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|
Cash flows from investing activities: |
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|
Investments: |
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|
Purchases |
(449) |
(1,701) |
(888) |
(2,260) |
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|
Maturities and sales |
791 |
1,085 |
1,322 |
2,058 |
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|
Capital expenditures |
(288) |
(316) |
(561) |
(561) |
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|
Proceeds from sale of facilities, land, and other assets |
— |
— |
10 |
— |
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|
Capitalized software development costs |
(71) |
(98) |
(160) |
(187) |
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|
Collections on purchased financing receivables |
7 |
7 |
17 |
10 |
|||||||
|
Acquisition of businesses, net |
— |
(211) |
— |
(223) |
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|
Divestitures of businesses, net |
— |
20 |
142 |
— |
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|
Asset acquisitions, net |
— |
(86) |
(38) |
(86) |
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|
Asset dispositions, net |
(3) |
(41) |
(6) |
(41) |
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|
Change in cash from investing activities |
(13) |
(1,341) |
(162) |
(1,290) |
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|
Cash flows from financing activities: |
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|
Payment of dissenting shares obligation |
(76) |
— |
(76) |
— |
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|
Share repurchases for tax withholdings of equity awards |
(99) |
(68) |
(199) |
(194) |
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|
Proceeds from the issuance of common stock of subsidiaries |
11 |
72 |
653 |
80 |
|||||||
|
Repurchases of DHI Group Common Stock |
(10) |
— |
(47) |
(2) |
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Repurchases of Class V Common Stock |
— |
(54) |
— |
(422) |
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Payments for debt issuance costs |
(5) |
— |
(8) |
(5) |
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Proceeds from debt |
2,774 |
1,335 |
4,637 |
4,756 |
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|
Repayments of debt |
(5,126) |
(2,175) |
(6,948) |
(5,291) |
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|
Other |
1 |
— |
1 |
1 |
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|
Change in cash from financing activities |
(2,530) |
(890) |
(1,987) |
(1,077) |
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|
Effect of exchange rate changes on cash, cash equivalents, and restricted cash |
(130) |
54 |
(216) |
48 |
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|
Change in cash, cash equivalents, and restricted cash |
(40) |
(357) |
1,427 |
(214) |
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|
Cash, cash equivalents, and restricted cash at beginning of the period |
15,845 |
9,975 |
14,378 |
9,832 |
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|
Cash, cash equivalents, and restricted cash at end of the period |
$ |
15,805 |
$ |
9,618 |
$ |
15,805 |
$ |
9,618 |
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