DELL TECHNOLOGIES INC.

Consolidated Statements of Financial Position

(in millions; unaudited)

January 28, 2022

January 29, 2021

ASSETS

Current assets:

Cash and cash equivalents

$                           9,477

$                           9,508

Accounts receivable, net

12,912

10,731

Short-term financing receivables, net

5,089

5,148

Inventories, net

5,898

3,403

Other current assets

11,581

9,810

Current assets of discontinued operations

—

4,967

  Total current assets

44,957

43,567

Property, plant, and equipment, net

5,415

4,833

Long-term investments

1,839

1,334

Long-term financing receivables, net

5,522

5,339

Goodwill

19,770

20,028

Intangible assets, net

7,461

9,115

Other non-current assets

7,695

7,184

Non-current assets of discontinued operations

32,015

Total assets

$                         92,659

$                       123,415

LIABILITIES, REDEEMABLE SHARES, AND STOCKHOLDERS' EQUITY

Current liabilities:

Short-term debt

$                           5,823

$                           6,357

Accounts payable

27,143

21,572

Due to related parties, net

1,338

1,346

Accrued and other

7,578

7,166

Short-term deferred revenue

14,261

13,201

Current liabilities of discontinued operations

—

4,490

Total current liabilities

56,143

54,132

Long-term debt

21,131

32,865

Long-term deferred revenue

13,312

12,391

Other non-current liabilities

3,653

3,923

Non-current liabilities of discontinued operations

—

12,079

  Total liabilities

94,239

115,390

Redeemable shares

—

472

Stockholders' equity:

Total Dell Technologies Inc. stockholders' equity (deficit)

(1,685)

2,479

Non-controlling interests

105

96

Non-controlling interests of discontinued operations

—

4,978

Total stockholders' equity (deficit)

7,553

Total liabilities, redeemable shares, and stockholders' equity

$                         92,659

$                       123,415