DELL TECHNOLOGIES INC.
Segment Information
(in millions, except percentages; unaudited; continued on next page)

Three Months Ended

Fiscal Year Ended

January 31,
2020

February 1,
2019

Change

January 31,
2020

February 1,
2019

Change

Infrastructure Solutions Group (ISG):

Net Revenue:

Servers and networking

$

4,269

$

5,253

(19)%

$

17,127

$

19,953

(14)%

Storage

4,487

4,636

(3)%

16,842

16,767

—%

Total ISG net revenue

$

8,756

$

9,889

(11)%

$

33,969

$

36,720

(7)%

Operating Income:

ISG operating income

$

1,112

$

1,265

(12)%

$

4,001

$

4,151

(4)%

% of ISG net revenue

13%

13%

12%

11%

% of total reportable
segment operating income

40%

47%

39%

46%

Client Solutions Group (CSG):

Net Revenue:

Commercial

$

8,563

$

7,808

10%

$

34,277

$

30,893

11%

Consumer

3,207

3,084

4%

11,561

12,303

(6)%

Total CSG net revenue

$

11,770

$

10,892

8%

$

45,838

$

43,196

6%

Operating Income:

CSG operating income

$

624

$

555

12%

$

3,138

$

1,960

60%

% of CSG net revenue

5%

5%

7%

5%

% of total reportable
segment operating income

23%

21%

31%

22%

VMware (a):

Net Revenue:

Total VMware net revenue

$

3,126

$

2,798

12%

$

10,905

$

9,741

12%

Operating Income:

VMware operating income

$

1,026

$

850

21%

$

3,081

$

2,926

5%

% of VMware net revenue

33%

30%

28%

30%

% of total reportable
segment operating income

37%

32%

30%

32%

____________________

(a) 

During the fourth quarter of Fiscal 2020, the Company reclassified Pivotal operating results from Other businesses to the
VMware reportable segment.  There was no change to consolidated results as a result of the reclassification.  Prior period
results have been recast to conform with current period presentation.