DELL TECHNOLOGIES INC.

Consolidated Statements of Financial Position

(in millions; unaudited)

July 29, 2022

January 28, 2022

ASSETS

Current assets:

Cash and cash equivalents

$                           5,507

$                           9,477

Accounts receivable, net

13,431

12,912

Due from related party, net

195

131

Short-term financing receivables, net

4,860

5,089

Inventories

5,883

5,898

Other current assets

12,386

11,526

Total current assets

42,262

45,033

Property, plant, and equipment, net

5,772

5,415

Long-term investments

1,520

1,839

Long-term financing receivables, net

5,450

5,522

Goodwill

19,505

19,770

Intangible assets, net

6,972

7,461

Due from related party, net

609

710

Other non-current assets

6,685

6,985

Total assets

$                         88,775

$                         92,735

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Short-term debt

$                           6,647

$                           5,823

Accounts payable

25,339

27,143

Due to related party

1,269

1,414

Accrued and other

6,810

7,578

Short-term deferred revenue

14,724

14,261

Total current liabilities

54,789

56,219

Long-term debt

20,287

21,131

Long-term deferred revenue

13,301

13,312

Other non-current liabilities

3,153

3,653

Total liabilities

91,530

94,315

Stockholders' equity (deficit):

Total Dell Technologies Inc. stockholders' equity (deficit)

(2,860)

(1,685)

Non-controlling interests

105

105

Total stockholders' equity (deficit)

(2,755)

(1,580)

Total liabilities and stockholders' equity

$                         88,775

$                         92,735