(a) | Common stock repurchases are inclusive of employee tax withholding on stock-based compensation. |
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 29, 2022 |
| July 30, 2021 |
| Change |
| July 29, 2022 |
| July 30, 2021 |
| Change |
Infrastructure Solutions Group (ISG): | |||||||||||
Net revenue: |
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Servers and networking | $ 5,209 |
| $ 4,480 |
| 16 % |
| $ 10,257 |
| $ 8,620 |
| 19 % |
Storage | 4,327 |
| 4,070 |
| 6 % |
| 8,564 |
| 7,963 |
| 8 % |
Total ISG net revenue | $ 9,536 |
| $ 8,550 |
| 12 % |
| $ 18,821 |
| $ 16,583 |
| 13 % |
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Operating Income: |
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ISG operating income | $ 1,046 |
| $ 962 |
| 9 % |
| $ 2,128 |
| $ 1,740 |
| 22 % |
% of ISG net revenue | 11.0 % |
| 11.3 % |
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| 11.3 % |
| 10.5 % |
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% of total reportable segment operating income | 52 % |
| 49 % |
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| 50 % |
| 46 % |
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| Client Solutions Group (CSG): | |||||||||||
| Net revenue: |
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| Commercial | $ 12,141 |
| $ 10,577 |
| 15 % |
| $ 24,112 |
| $ 20,385 |
| 18 % |
| Consumer | 3,349 |
| 3,691 |
| (9) % |
| 6,965 |
| 7,194 |
| (3) % |
| Total CSG net revenue | $ 15,490 |
| $ 14,268 |
| 9 % |
| $ 31,077 |
| $ 27,579 |
| 13 % |
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| Operating Income: |
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| CSG operating income | $ 978 |
| $ 986 |
| (1) % |
| $ 2,093 |
| $ 2,066 |
| 1 % |
| % of CSG net revenue | 6.3 % |
| 6.9 % |
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| 6.7 % |
| 7.5 % |
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| % of total reportable segment operating income | 48 % |
| 51 % |
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| 50 % |
| 54 % |
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| Amounts are based on underlying data and may not visually foot due to rounding. | |||||||||||
