| Schedule of Outstanding Debt |
The following table presents DFS debt as of the dates indicated and excludes the allocated portion of the Company’s other borrowings, which represents the additional amount considered to fund the DFS business: | | | | | | | | | | | | | May 2, 2025 | | January 31, 2025 | | | | | | DFS debt | (in millions) | | DFS U.S. debt: | | | | | Asset-based financing facility | $ | 2,606 | | | $ | 3,018 | | | Fixed-term securitization offerings | 3,154 | | | 2,756 | | | | | | | Total DFS U.S. debt, principal amount | 5,760 | | | 5,774 | | | DFS international debt: | | | | | Securitization facility | 702 | | | 624 | | | Other borrowings | 772 | | | 754 | | | | | | | Dell Bank senior unsecured eurobonds | 1,693 | | | 1,559 | | | Total DFS international debt, principal amount | 3,167 | | | 2,937 | | | Total DFS debt, principal amount | $ | 8,927 | | | $ | 8,711 | | | Total short-term DFS debt | $ | 4,809 | | | $ | 5,175 | | | Total long-term DFS debt | $ | 4,118 | | | $ | 3,536 | |
The following table summarizes the Company’s outstanding debt as of the dates indicated: | | | | | | | | | | | | | | May 2, 2025 | | January 31, 2025 | | | | | | (in millions) | | Senior Notes | $ | 19,073 | | | $ | 15,073 | | | | | | | Legacy Notes | 952 | | | 952 | | DFS Debt (Note 4) | 8,927 | | | 8,711 | | | Other | 79 | | | 52 | | | Total debt, principal amount | 29,031 | | | 24,788 | | | Unamortized discount, net of unamortized premium | (113) | | | (110) | | | Debt issuance costs | (137) | | | (111) | | | Total debt, carrying value | $ | 28,781 | | | $ | 24,567 | | | Total short-term debt, carrying value | $ | 4,845 | | | $ | 5,204 | | | Total long-term debt, carrying value | $ | 23,936 | | | $ | 19,363 | |
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| Schedule of Aggregate Future Maturities |
The following table presents the aggregate future maturities of the Company’s debt as of May 2, 2025, excluding associated carrying value adjustments, for the periods indicated: | | | | | | | May 2, 2025 | | | | (in millions) | | Fiscal 2026 (remaining nine months) | $ | 4,106 | | | Fiscal 2027 | 7,180 | | | Fiscal 2028 | 1,696 | | | Fiscal 2029 | 2,470 | | | Fiscal 2030 | 3,053 | | | Thereafter | 10,526 | | | Total maturities, principal amount | $ | 29,031 | |
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