| 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: | | | | | | | | | | | | | July 31, 2026 | | January 30, 2026 | | | | | | (in millions) | | DFS U.S. debt: | | | | | Asset-based financing facility | $ | 3,845 | | | $ | 3,146 | | | Fixed-term securitization offerings | 2,502 | | | 2,648 | | | | | | | Total DFS U.S. debt, principal amount | 6,347 | | | 5,794 | | | DFS international debt: | | | | | Securitization facility | 643 | | | 698 | | | Other borrowings | 899 | | | 851 | | | | | | | Dell Bank senior unsecured eurobonds | 1,729 | | | 1,796 | | | Total DFS international debt, principal amount | 3,271 | | | 3,345 | | | Total DFS debt, principal amount | $ | 9,618 | | | $ | 9,139 | | | Short-term | $ | 6,205 | | | $ | 5,719 | | | Long-term | $ | 3,413 | | | $ | 3,420 | |
The following table summarizes the Company’s outstanding debt as of the dates indicated: | | | | | | | | | | | | | July 31, 2026 | | January 30, 2026 | | | | | | (in millions) | | Senior Notes | $ | 24,073 | | | $ | 21,573 | | | | | | | Legacy Notes | 952 | | | 952 | | DFS Debt (Note 4) | 9,618 | | | 9,139 | | | Other | 104 | | | 99 | | | Total debt, principal amount | 34,747 | | | 31,763 | | | | | | | | | | | Debt issuance costs and net unamortized discount | (281) | | | (260) | | | Total debt, carrying value | $ | 34,466 | | | $ | 31,503 | | | Short-term | $ | 8,481 | | | $ | 7,990 | | | Long-term | $ | 25,985 | | | $ | 23,513 | |
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| Schedule of Aggregate Future Maturities |
The following table presents the aggregate future maturities of the Company’s debt as of July 31, 2026, excluding associated carrying value adjustments, for the periods indicated: | | | | | | | July 31, 2026 | | | | (in millions) | | Fiscal 2027 (remaining six months) | $ | 5,351 | | | Fiscal 2028 | 4,489 | | | Fiscal 2029 | 3,651 | | | Fiscal 2030 | 3,942 | | | Fiscal 2031 | 1,773 | | | Thereafter | 15,541 | | | Total maturities, principal amount | $ | 34,747 | |
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