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SEGMENT INFORMATION
 3 Months Ended
May 02, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company reports its financial results through two reportable segments which are based on the following business units: Infrastructure Solutions Group (“ISG”) and Client Solutions Group (“CSG”). The Company organizes its reportable segments based on the manner in which management evaluates the performance of the Company.

The Company’s Chief Executive Officer is the Chief Operating Decision Maker (“CODM”). The CODM is regularly provided and reviews segment revenue and segment operating income to assess the performance of each segment and allocate resources to the segments in the annual planning process. The Company’s measure of segment revenue and segment operating income for management reporting purposes excludes Corporate and other, amortization of intangible assets, stock-based compensation expense, and other corporate expenses, as applicable, which are not used in evaluating the results of, or in allocating resources to, the segments. The Company does not allocate assets to the above reportable segments for internal reporting purposes. Additionally, the accounting policies of the segments are the same as those described in Note 2 to the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2025.

ISG includes the Company’s servers and networking offerings and storage offerings. The Company’s server portfolio includes high-performance general-purpose and AI-optimized servers. The Company’s networking portfolio includes wide area network infrastructure, data center and edge networking switches, and cables and optics. The Company’s comprehensive storage portfolio includes modern and traditional storage solutions, including all-flash arrays, scale-out file, object platforms, hyper-converged infrastructure, and software-defined storage. ISG also offers software, peripherals, and services, including consulting and support and deployment.

CSG includes the Company’s commercial offerings and consumer offerings. The Company’s CSG portfolio includes branded PCs, including notebooks, desktops, and workstations and branded peripherals that include displays, docking stations, keyboards, mice, and webcam and audio devices, as well as third-party software and peripherals. CSG also includes services offerings, such as configuration, support and deployment, and extended warranties.

On March 25, 2024, the Company terminated the Commercial Framework Agreement with VMware, whereby Dell Technologies acted as a distributor of Broadcom Inc.’s VMware stand-alone products and services and purchased such products and services for resale to end-user customers (“VMware Resale”). Dell Technologies no longer acts as a distributor of such products and services, although it continues to support customers that have purchased resale offerings sold in prior periods. The results of VMware Resale transactions are reflected in Corporate and other. The Company continues to integrate and embed certain VMware products and services with the Company’s VxRail solution to end-user customers. The results for this integrated offering are reflected within ISG.
The following table presents a reconciliation of net revenue by the Company’s reportable segments to the Company’s consolidated net revenue as well as a reconciliation of segment operating income to the Company’s consolidated operating income for the periods indicated:
 Three Months Ended
 May 2, 2025May 3, 2024
 (in millions)
Consolidated net revenue:  
Infrastructure Solutions Group$10,317 $9,227 
Client Solutions Group12,509 11,967 
Reportable segment net revenue22,826 21,194 
Corporate and other (a)552 1,050 
Total consolidated net revenue$23,378 $22,244 
Consolidated operating income:
Infrastructure Solutions Group$998 $736 
Client Solutions Group653 777 
Reportable segment operating income (b)1,651 1,513 
Corporate and other (a)15 6 
Amortization of intangibles (c)(126)(168)
Stock-based compensation expense (d)(190)(210)
Other corporate expenses (e)(185)(176)
Total consolidated operating income (f)$1,165 $965 
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(a)Corporate and other consists of results of divested businesses or non-reportable segments whose offerings are no longer actively sold, including (i) VMware Resale, (ii) Secureworks, and (iii) Virtustream, and do not meet the requirements for a reportable segment, either individually or collectively. Additionally, Corporate and other includes other items that are managed at the corporate level and are not allocated to reportable segments.
(b)Depreciation expense directly attributable to each reportable segment is included in the operating results of each segment. However, the CODM does not evaluate depreciation expense by operating segment, and therefore such expense is not separately presented.
(c)Amortization of intangibles includes non-cash purchase accounting adjustments that are primarily related to the acquisition by merger of EMC Corporation.
(d)Stock-based compensation expense consists of equity awards granted based on the estimated fair value of those awards at grant date.
(e)Other corporate expenses includes severance expenses, payroll taxes associated with stock-based compensation, incentive charges related to equity investments, facility action costs, transaction-related expenses, and impairment charges.
(f)Income and expenses within interest and other, net, is not allocated to the reportable segments. Therefore, the Company only reports to reportable segment operating income.
The following table presents the significant expense categories by reportable segment for the periods indicated:
 Three Months Ended
 May 2, 2025May 3, 2024
 (in millions)
Infrastructure Solutions Group:
Cost of net revenue$7,050 $6,204 
Selling, general, and administrative$1,695 $1,759 
Research and development$574 $528 
Client Solutions Group:
Cost of net revenue$10,738 $10,115 
Selling, general, and administrative$982 $961 
Research and development$136 $114 

The following table presents the disaggregation of net revenue by reportable segment and by major product categories within the segments for the periods indicated:
 Three Months Ended
 May 2, 2025May 3, 2024
 (in millions)
Net revenue: 
Infrastructure Solutions Group:
Servers and networking$6,321 $5,466 
Storage3,996 3,761 
Total ISG net revenue$10,317 $9,227 
Client Solutions Group:
Commercial$11,046 $10,154 
Consumer1,463 1,813 
Total CSG net revenue$12,509 $11,967