DELL TECHNOLOGIES INC. Reconciliation of Selected Non-GAAP Financial Measures (in millions, except percentages; unaudited; continued) | |||||||||||
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| Three Months Ended |
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| Fiscal Year Ended |
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| February 2,
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| February 3,
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| %
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| February 2,
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| February 3,
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| %
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Cash flow from operations | $ 1,533 |
| $ 2,714 |
| (44) % |
| $ 8,676 |
| $ 3,565 |
| 143 % |
Non-GAAP adjustments: |
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Capital expenditures and capitalized
| (727) |
| (749) |
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| (2,753) |
| (2,993) |
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Free cash flow | $ 806 |
| $ 1,965 |
| (59) % |
| $ 5,923 |
| $ 572 |
| 935 % |
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Free cash flow | $ 806 |
| $ 1,965 |
| (59) % |
| $ 5,923 |
| $ 572 |
| 935 % |
Non-GAAP adjustments: |
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DFS financing receivables (b) | 136 |
| 175 |
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| (309) |
| 461 |
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DFS operating leases (c) | 68 |
| 127 |
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| (7) |
| 500 |
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| Adjusted free cash flow | $ 1,010 |
| $ 2,267 |
| (55) % |
| $ 5,607 |
| $ 1,533 |
| 266 % |
| ____________________ | |
| (a) | Capital expenditures and capitalized software development costs is net of proceeds from sales of facilities, land, and other assets. |
| (b) | DFS financing receivables represents the operating cash flow impact from the change in financing receivables. |
| (c) | DFS operating leases represents the change in net carrying value of equipment for DFS operating leases. |
