DELL TECHNOLOGIES INC.
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| Three Months Ended | ||
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| April 29, 2022 |
| April 30, 2021 |
Cash flows from operating activities: |
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Net income | $ 1,069 |
| $ 938 |
Adjustments to reconcile net income to net cash provided by operating activities: | (1,338) |
| 1,300 |
Change in cash from operating activities | (269) |
| 2,238 |
Cash flows from investing activities: |
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Purchases of investments | (52) |
| (146) |
Maturities and sales of investments | 18 |
| 256 |
Capital expenditures and capitalized software development costs | (690) |
| (625) |
Acquisition of businesses and assets, net | — |
| (10) |
Other | 4 |
| 6 |
Change in cash from investing activities | (720) |
| (519) |
Cash flows from financing activities: |
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Proceeds from the issuance of common stock | 4 |
| 160 |
Repurchases of parent common stock (a) | (1,779) |
| (9) |
Repurchases of subsidiary common stock (a) | (7) |
| (434) |
Payment of dividend to stockholders | (248) |
| — |
Proceeds from debt | 3,034 |
| 2,726 |
Repayments of debt | (2,703) |
| (4,070) |
Debt-related costs and other, net | (7) |
| (11) |
Change in cash from financing activities | (1,706) |
| (1,638) |
Effect of exchange rate changes on cash, cash equivalents, and restricted cash | (111) |
| (5) |
Change in cash, cash equivalents, and restricted cash | (2,806) |
| 76 |
Cash, cash equivalents, and restricted cash at beginning of the period, including cash attributable to discontinued operations | 10,082 |
| 15,184 |
Cash, cash equivalents, and restricted cash at end of the period, including cash attributable to discontinued operations | 7,276 |
| 15,260 |
Less: Cash, cash equivalents, and restricted cash attributable to discontinued operations | — |
| 5,667 |
Cash, cash equivalents, and restricted cash from continuing operations | $ 7,276 |
| $ 9,593 |
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| (a) | Common stock repurchases are inclusive of employee tax withholding on stock-based compensation. | ||
