DELL TECHNOLOGIES INC. | |||||||||||||||||||
Segment Information | |||||||||||||||||||
(in millions, except percentages; unaudited; continued on next page) | |||||||||||||||||||
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| Three Months Ended |
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| Six Months Ended |
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| July 31, 2020 |
| August 2, 2019 |
| Change |
| July 31, 2020 |
| August 2, 2019 |
| Change | ||||||||
Infrastructure Solutions Group (ISG): | |||||||||||||||||||
Net Revenue: |
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Servers and networking | $ | 4,196 |
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| $ | 4,437 |
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| (5)% |
| $ | 7,954 |
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| $ | 8,617 |
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| (8)% |
Storage | 4,011 |
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| 4,184 |
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| (4)% |
| 7,822 |
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| 8,206 |
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| (5)% | ||||
Total ISG net revenue | $ | 8,207 |
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| $ | 8,621 |
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| (5)% |
| $ | 15,776 |
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| $ | 16,823 |
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| (6)% |
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Operating Income: |
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ISG operating income | $ | 973 |
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| $ | 1,050 |
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| (7)% |
| $ | 1,705 |
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| $ | 1,893 |
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| (10)% |
% of ISG net revenue | 12% |
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| 12% |
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| 11% |
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| 11% |
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% of total reportable segment operating income | 38% |
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| 38% |
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| 36% |
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| 38% |
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Client Solutions Group (CSG): | |||||||||||||||||||
| Net Revenue: |
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| Commercial | $ | 8,039 |
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| $ | 9,077 |
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| (11)% |
| $ | 16,673 |
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| $ | 17,384 |
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| (4)% |
| Consumer | 3,164 |
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| 2,671 |
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| 18% |
| 5,634 |
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| 5,274 |
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| 7% | ||||
| Total CSG net revenue | $ | 11,203 |
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| $ | 11,748 |
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| (5)% |
| $ | 22,307 |
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| $ | 22,658 |
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| (2)% |
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| Operating Income: |
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| CSG operating income | $ | 715 |
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| $ | 982 |
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| (27)% |
| $ | 1,307 |
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| $ | 1,775 |
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| (26)% |
| % of CSG net revenue | 6% |
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| 8% |
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| 6% |
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| 8% |
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| % of total reportable segment operating income | 28% |
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| 35% |
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| 28% |
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| 35% |
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| VMware (a): | |||||||||||||||||||
| Net Revenue: |
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| Total VMware net revenue | $ | 2,908 |
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| $ | 2,651 |
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| 10% |
| $ | 5,663 |
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| $ | 5,108 |
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| 11% |
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| Operating Income: |
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| VMware operating income | $ | 894 |
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| $ | 751 |
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| 19% |
| $ | 1,667 |
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| $ | 1,346 |
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| 24% |
| % of VMware net revenue | 31% |
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| 28% |
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| 29% |
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| 26% |
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| % of total reportable segment operating income | 35% |
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| 27% |
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| 36% |
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| 27% |
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| (a) | During 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. | |||||||
