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DELL TECHNOLOGIES INC. |
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Condensed Consolidated Statements of Cash Flows |
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(in millions; unaudited) |
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Three Months Ended |
Nine Months Ended |
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November 3, 2017 |
October 28, 2016 |
November 3, 2017 |
October 28, 2016 |
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Cash flows from operating activities: |
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|
Net loss |
$ (941) |
$ (2,075) |
$ (3,302) |
$ (1,448) |
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Adjustments to reconcile net loss to net cash provided by operating activities |
2,564 |
1,829 |
6,981 |
3,017 |
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Change in cash from operating activities |
1,623 |
(246) |
3,679 |
1,569 |
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Cash flows from investing activities: |
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Investments: |
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Purchases |
(1,194) |
(503) |
(3,454) |
(511) |
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Maturities and sales |
935 |
543 |
2,993 |
561 |
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Capital expenditures |
(341) |
(182) |
(902) |
(417) |
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Proceeds from sale of facilities, land, and other assets |
— |
5 |
— |
24 |
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Capitalized software development costs |
(94) |
(85) |
(281) |
(85) |
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Collections on purchased financing receivables |
15 |
6 |
25 |
31 |
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Acquisition of businesses, net |
— |
(37,614) |
(223) |
(37,614) |
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Divestitures of businesses, net |
— |
— |
— |
— |
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Asset acquisitions, net |
(9) |
— |
(95) |
— |
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Asset dispositions, net |
(12) |
— |
(53) |
— |
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Other |
— |
(8) |
— |
(48) |
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Change in cash from investing activities |
(700) |
(37,838) |
(1,990) |
(38,059) |
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Cash flows from financing activities: |
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Payment of dissenting shares obligation |
— |
— |
— |
(446) |
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Proceeds from the issuance of DHI Group Common Stock |
— |
4,404 |
— |
4,404 |
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Proceeds from the issuance of common stock of subsidiaries |
30 |
1 |
110 |
101 |
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Repurchases of DHI Group Common Stock |
(4) |
(8) |
(6) |
(10) |
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Repurchases of Class V Common Stock |
(300) |
(132) |
(722) |
(132) |
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Repurchases of common stock of subsidiaries |
(555) |
(611) |
(555) |
(611) |
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Issuance of common stock under employee plans |
— |
— |
1 |
— |
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Payments for debt issuance costs |
(39) |
(834) |
(44) |
(849) |
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Proceeds from debt |
8,416 |
43,838 |
13,192 |
45,986 |
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Repayments of debt |
(5,872) |
(7,000) |
(11,181) |
(9,638) |
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Share repurchases for tax withholdings on vesting of equity awards |
(105) |
(26) |
(299) |
(28) |
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Other |
— |
4 |
— |
10 |
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Change in cash from financing activities |
1,571 |
39,636 |
496 |
38,787 |
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Effect of exchange rate changes on cash and cash equivalents |
(1) |
(21) |
47 |
31 |
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Change in cash and cash equivalents |
2,493 |
1,531 |
2,232 |
2,328 |
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Cash and cash equivalents at beginning of period, including amounts held for sale |
9,213 |
7,373 |
9,474 |
6,576 |
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Cash and cash equivalents at end of the period |
$ 11,706 |
$ 8,904 |
$ 11,706 |
$ 8,904 |
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Less: Cash included in current assets held for sale |
— |
82 |
— |
82 |
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Cash and cash equivalents from continuing operations |
$ 11,706 |
$ 8,822 |
$ 11,706 |
$ 8,822 |
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