Dell 1998 Annual Report Download - page 36

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------ ------
$ 273 $ 233
====== ======
Other current assets:
Income tax receivable..................................... $ 387 $ --
Other..................................................... 404 349
------ ------
$ 791 $ 349
====== ======
Property, plant and equipment:
Land and buildings........................................ $ 172 $ 137
Computer equipment........................................ 205 135
Machinery and other equipment............................. 252 171
Leasehold improvements.................................... 146 66
------ ------
Total property, plant and equipment....................... 775 509
Accumulated depreciation and amortization................. (252) (167)
------ ------
$ 523 $ 342
====== ======
Accrued and other current liabilities:
Accrued compensation...................................... $ 355 $ 236
Deferred revenue on warranty contracts.................... 204 193
Other..................................................... 739 625
------ ------
$1,298 $1,054
====== ======
46
<PAGE> 48
JANUARY 29, FEBRUARY 1,
1999 1998
----------- -----------
(IN MILLIONS)
Other noncurrent liabilities:
Deferred revenue on warranty contracts.................... $ 237 $ 225
Other..................................................... 112 36
------ ------
$ 349 $ 261
====== ======
FISCAL YEAR ENDED
---------------------------------------
JANUARY 29, FEBRUARY 1, FEBRUARY 2,
1999 1998 1997
----------- ----------- -----------
(IN MILLIONS)
SUPPLEMENTAL CONSOLIDATED STATEMENT OF INCOME INFORMATION
Research, development and engineering expenses:
Research and development expenses....................... $ 209 $ 145 $ 88
Engineering expenses.................................... 63 59 38
----- ----- -----
$ 272 $ 204 $ 126
===== ===== =====
Financing and other:
Interest expense........................................ $ (26) $ (3) $ (7)
Investment and other income, net........................ 64 55 40
----- ----- -----
$ 38 $ 52 $ 33
===== ===== =====
SUPPLEMENTAL CONSOLIDATED STATEMENT OF CASH FLOWS
INFORMATION
Changes in operating working capital accounts:
Accounts receivable, net................................ $(598) $(638) $(200)
Inventories............................................. (41) 16 177
Accounts payable........................................ 743 638 581
Accrued and other liabilities........................... 255 644 141
Other, net.............................................. 8 (295) (77)
----- ----- -----
$ 367 $ 365 $ 622
===== ===== =====
Supplemental cash flow information:
Income taxes paid....................................... $ 138 $ 180 $ 178
Interest paid........................................... 19 3 12
47
<PAGE> 49
NOTE 13 -- UNAUDITED QUARTERLY RESULTS
The following tables contain selected unaudited consolidated statement of income
and stock sales price data for each quarter of fiscal years 1999 and 1998.