Non-controlling Interest in VMware, Inc.

12 Months Ended

Dec. 31, 2011

Non-controlling Interest in VMware, Inc.

B. Non-controlling Interest in VMware, Inc.

The non-controlling interests' share of equity in VMware is reflected as Non-controlling interest in VMware, Inc. in the accompanying consolidated balance sheets and was $968.1 million and $762.7 million as of December 31, 2011 and 2010, respectively. At December 31, 2011, EMC held approximately 97% of the combined voting power of VMware's outstanding common stock and approximately 80% of the economic interest in VMware.

The effects of changes in our ownership interest in VMware on our equity were as follows (table in thousands):

	For the Twelve Months Ended
	December 31, 2011		December 31, 2010
Net income attributable to EMC Corporation	$	2,461,337	$	1,899,995
Transfers (to) from the non-controlling interest in VMware, Inc.:
Increase in EMC Corporation’s additional paid-in-capital for VMware’s equity
issuances		117,793		151,274
Decrease in EMC Corporation’s additional paid-in-capital for VMware’s other
equity activity		(419,758)		(337,451)
Net transfers (to) from non-controlling interest		(301,965)		(186,177)
Change from net income attributable to EMC Corporation and transfers from the
non-controlling interest in VMware, Inc.	$	2,159,372	$	1,713,818

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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