EARNINGS PER SHARE (Tables)

9 Months Ended

Oct. 29, 2021

Computation of basic and diluted earnings (loss) per share and reconciliation to consolidated net income (loss)

The following table presents the basic and diluted earnings per share for Dell Technologies Common Stock for the periods indicated:


	Three Months Ended				Nine Months Ended
	October 29, 2021		October 30, 2020		October 29, 2021		October 30, 2020
Earnings per share attributable to Dell Technologies Inc.
Dell Technologies Common Stock — Basic	$	5.02	$	1.11	$	7.30	$	2.73
Dell Technologies Common Stock — Diluted	$	4.87	$	1.08	$	7.08	$	2.64

The following table presents the computation of basic and diluted earnings per share for the periods indicated:


	Three Months Ended				Nine Months Ended
	October 29, 2021		October 30, 2020		October 29, 2021		October 30, 2020
	(in millions)
Numerator: Dell Technologies Common Stock
Net income attributable to Dell Technologies — basic	$	3,843	$	832	$	5,561	$	2,023
Incremental dilution from VMware, Inc. attributable to Dell Technologies (a)	(2)		(3)		(7)		(8)
Net income attributable to Dell Technologies — diluted	$	3,841	$	829	$	5,554	$	2,015

Denominator: Dell Technologies Common Stock weighted-average shares outstanding
Weighted-average shares outstanding — basic	766		747		762		742
Dilutive effect of options, restricted stock units, restricted stock, and other	22		24		23		22
Weighted-average shares outstanding — diluted	788		771		785		764
Weighted-average shares outstanding — antidilutive	—		—		—		1

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(a)The incremental dilution from VMware, Inc. attributable to Dell Technologies represents the impact of VMware, Inc.’s dilutive securities on diluted earnings per share of Dell Technologies Common Stock, and is calculated by multiplying the difference between VMware, Inc.’s basic and diluted earnings per share by the number of shares of VMware, Inc. common stock held by the Company. For both periods presented, there was no incremental dilution from Secureworks due to its net loss position.