Earnings Per Share (Notes)

12 Months Ended

Feb. 01, 2013

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 12 — EARNINGS PER SHARE

Basic earnings per share is based on the weighted-average effect of all common shares issued and outstanding and is calculated by dividing net income by the weighted-average shares outstanding during the period. Diluted earnings per share is calculated by dividing net income by the weighted-average number of common shares used in the basic earnings per share calculation plus the number of common shares that would be issued assuming exercise or conversion of all potentially dilutive common shares outstanding. Dell excludes equity instruments from the calculation of diluted earnings per share if the effect of including such instruments is anti-dilutive. Accordingly, certain stock-based incentive awards have been excluded from the calculation of diluted earnings per share totaling 121 million, 142 million, and 179 million shares for Fiscal 2013, Fiscal 2012, and Fiscal 2011, respectively.

The following table sets forth the computation of basic and diluted earnings per share for each of the past three fiscal years:

	Fiscal Year Ended
	February 1, 2013		February 3, 2012		January 28, 2011
	(in millions, except per share amounts)
Numerator:
Net income	$	2,372	$	3,492	$	2,635
Denominator:
Weighted-average shares outstanding:
Basic	1,745		1,838		1,944
Effect of dilutive options, restricted stock units, restricted stock, and other	10		15		11
Diluted	1,755		1,853		1,955
Earnings per share:
Basic	$	1.36	$	1.90	$	1.36
Diluted	$	1.35	$	1.88	$	1.35