CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Cash received from customers	$ 12,953	$ 13,137
Cash paid to suppliers and employees	(9,749)	(10,076)
Dividends and interest received	57	68
Interest paid	(72)	(67)
Income taxes paid	(649)	(949)
Net cash provided by operating activities	2,540	2,113
Cash flows from investing activities:
Additions to property, plant and equipment	(299)	(449)
Capitalized software development costs	(310)	(262)
Purchases of short- and long-term available-for-sale securities	(2,458)	(4,212)
Sales of short- and long-term available-for-sale securities	2,140	2,667
Maturities of short- and long-term available-for-sale securities	1,771	913
Business acquisitions, net of cash acquired	(59)	(61)
Purchases of strategic and other related investments	(25)	(160)
Sales of strategic and other related investments	41	109
Increase in restricted cash	4	0
Net cash provided by (used in) investing activities	797	(1,455)
Cash flows from financing activities:
Proceeds from the issuance of EMC’s common stock	144	170
Repurchase of common stock	0	(2,063)
Excess tax benefits from stock-based compensation	9	54
Net proceeds (payments) for the issuance of short-term obligations	(503)	1,948
Dividend payment	(453)	(456)
Proceeds from non-controlling interests - issuance of common stock and contributions	233	4
Net cash used in financing activities	(518)	(1,124)
Effect of exchange rate changes on cash and cash equivalents	(14)	(74)
Net increase (decrease) in cash and cash equivalents	2,805	(540)
Cash and cash equivalents at beginning of period	6,549	6,343
Cash and cash equivalents at end of period	9,354	5,803
Reconciliation of net income to net cash provided by operating activities:
Net income	927	811
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	985	942
Non-cash restructuring and other special charges	3	13
Stock-based compensation expense	607	502
Provision for doubtful accounts	9	25
Deferred income taxes, net	(29)	(48)
Excess tax benefits from stock-based compensation	(9)	(54)
Impairment of joint venture	39	0
Other, net	17	18
Changes in assets and liabilities, net of acquisitions:
Accounts and notes receivable	1,077	1,017
Inventories	(103)	(45)
Other assets	(76)	(3)
Accounts payable	(501)	(443)
Accrued expenses	(460)	(480)
Income taxes payable	(325)	(650)
Deferred revenue	389	509
Other liabilities	(10)	(1)
Net cash provided by operating activities	2,540	2,113
VMware
Cash flows from financing activities:
Repurchase of common stock	0	(850)
Proceeds from non-controlling interests - issuance of common stock and contributions	$ 52	$ 69