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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 |
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Fiscal Year Ended | ||||
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|
February 2, 2018 |
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February 3, 2017 |
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February 2, 2018 |
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February 3, 2017 |
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Cash flows from operating activities: |
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|
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Net loss |
$ (553) |
|
$ (270) |
|
$ (3,855) |
|
$ (1,718) |
|
Adjustments to reconcile net loss to net cash provided by operating activities |
3,684 |
|
1,010 |
|
10,665 |
|
4,027 |
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Change in cash from operating activities |
3,131 |
|
740 |
|
6,810 |
|
2,309 |
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Cash flows from investing activities: |
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|
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Investments: |
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|
|
|
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Purchases |
(935) |
|
(267) |
|
(4,389) |
|
(778) |
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Maturities and sales |
885 |
|
612 |
|
3,878 |
|
1,173 |
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Capital expenditures |
(310) |
|
(282) |
|
(1,212) |
|
(699) |
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Proceeds from sale of facilities, land, and other assets |
— |
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— |
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— |
|
24 |
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Capitalized software development costs |
(88) |
|
(122) |
|
(369) |
|
(207) |
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Collections on purchased financing receivables |
5 |
|
4 |
|
30 |
|
35 |
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Acquisition of businesses, net |
(435) |
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(15) |
|
(658) |
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(37,629) |
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Divestitures of businesses, net |
— |
|
6,873 |
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— |
|
6,873 |
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Asset acquisitions, net |
(1) |
|
— |
|
(96) |
|
— |
|
Asset dispositions, net |
(6) |
|
— |
|
(59) |
|
— |
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Other |
(6) |
|
— |
|
(6) |
|
(48) |
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Change in cash from investing activities |
(891) |
|
6,803 |
|
(2,881) |
|
(31,256) |
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Cash flows from financing activities: |
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Payment of dissenting shares obligation |
— |
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— |
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— |
|
(446) |
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Share repurchases for tax withholdings on vesting of equity awards |
(86) |
|
(65) |
|
(385) |
|
(93) |
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Proceeds from the issuance of DHI Group Common Stock |
— |
|
18 |
|
— |
|
4,422 |
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Proceeds from the issuance of common stock of subsidiaries |
21 |
|
63 |
|
131 |
|
164 |
|
Repurchases of DHI Group Common Stock |
— |
|
— |
|
(6) |
|
(10) |
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Repurchases of Class V Common Stock |
(1) |
|
(569) |
|
(723) |
|
(701) |
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Repurchases of common stock of subsidiaries |
(169) |
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— |
|
(724) |
|
(611) |
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Payments for debt issuance costs |
(4) |
|
(4) |
|
(48) |
|
(853) |
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Proceeds from debt |
1,247 |
|
907 |
|
14,439 |
|
46,893 |
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Repayments of debt |
(1,140) |
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(7,322) |
|
(12,321) |
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(16,960) |
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Other |
— |
|
6 |
|
1 |
|
16 |
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Change in cash from financing activities |
(132) |
|
(6,966) |
|
364 |
|
31,821 |
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Effect of exchange rate changes on cash and cash equivalents |
128 |
|
(7) |
|
175 |
|
24 |
|
|
|
|
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|
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|
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Change in cash and cash equivalents |
2,236 |
|
570 |
|
4,468 |
|
2,898 |
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|
|
|
|
|
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Cash and cash equivalents at beginning of period, including amounts held for sale |
11,706 |
|
8,904 |
|
9,474 |
|
6,576 |
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Cash and cash equivalents at end of the period |
$ 13,942 |
|
$ 9,474 |
|
$ 13,942 |
|
$ 9,474 |
