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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 31, 2020
Aug. 02, 2019
Jul. 31, 2020
Aug. 02, 2019
Net revenue:        
Total net revenue $ 22,733 $ 23,370 $ 44,630 $ 45,278
Cost of net revenue:        
Total cost of net revenue 15,577 16,044 30,621 31,155
Gross margin 7,156 7,326 14,009 14,123
Operating expenses:        
Selling, general, and administrative 4,761 5,578 9,647 10,649
Research and development 1,259 1,229 2,524 2,405
Total operating expenses 6,020 6,807 12,171 13,054
Operating income 1,136 519 1,838 1,069
Interest and other, net (636) (630) (1,202) (1,323)
Income (loss) before income taxes 500 (111) 636 (254)
Income tax benefit (599) (4,343) (645) (4,815)
Net income 1,099 4,232 1,281 4,561
Less: Net income attributable to non-controlling interests 51 816 90 852
Net income attributable to Dell Technologies Inc. $ 1,048 $ 3,416 $ 1,191 $ 3,709
Earnings per share attributable to Dell Technologies Inc.        
Dell Technologies Common Stock — Basic (in dollars per share) $ 1.41 $ 4.75 $ 1.61 $ 5.17
Dell Technologies Common Stock — Diluted (in dollars per share) $ 1.37 $ 4.47 $ 1.56 $ 4.84
Products        
Net revenue:        
Total net revenue $ 16,737 $ 17,915 $ 32,775 $ 34,490
Cost of net revenue:        
Total cost of net revenue 13,330 13,889 26,134 26,968
Services        
Net revenue:        
Total net revenue 5,996 5,455 11,855 10,788
Cost of net revenue:        
Total cost of net revenue $ 2,247 $ 2,155 $ 4,487 $ 4,187