DELL TECHNOLOGIES INC.

Consolidated Statements of Financial Position

(in millions; unaudited)

July 31, 2020

January 31, 2020

ASSETS

Current assets:

Cash and cash equivalents

$

11,221

$

9,302

Accounts receivable, net

11,643

12,484

Short-term financing receivables, net

4,855

4,895

Inventories, net

3,602

3,281

Other current assets

7,711

6,906

Current assets held for sale

2,058

—

Total current assets

36,868

Property, plant, and equipment, net

6,380

6,055

Long-term investments

1,073

864

Long-term financing receivables, net

5,378

4,848

Goodwill

40,644

41,691

Intangible assets, net

16,064

18,107

Other non-current assets

10,647

10,428

Total assets

$

121,276

$

118,861

LIABILITIES, REDEEMABLE SHARES, AND STOCKHOLDERS' EQUITY (DEFICIT)

Current liabilities:

Short-term debt

$

10,345

$

7,737

Accounts payable

19,500

20,065

Accrued and other

8,758

9,773

Short-term deferred revenue

15,341

14,881

Current liabilities held for sale

344

—

   Total current liabilities

54,288

52,456

Long-term debt

43,608

44,319

Long-term deferred revenue

13,450

12,919

Other non-current liabilities

4,762

5,383

Total liabilities

116,108

115,077

Redeemable shares

610

629

Stockholders' equity (deficit):

Total Dell Technologies Inc. stockholders' deficit

(419)

(1,574)

Non-controlling interests

4,977

4,729

Total stockholders' equity (deficit)

4,558

3,155

Total liabilities, redeemable shares, and stockholders' equity (deficit)

$

121,276

$

118,861