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Table of Contents
DELL COMPUTER CORPORATION
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY
(in millions)
Common Stock and
Capital in Excess
of Par Value Other
Retained Comprehensive
Shares Amount Earnings Income Other Total
Balances at February 1, 1998 2,575 $ 747 $ 607 $ (35) $ (26) $ 1,293
Net income — — 1,460 — — 1,460
Change in unrealized gain on investments, net of taxes — — — 3 — 3
Foreign currency translation adjustments — — — (4) — (4)
Total comprehensive income 1,459
Stock issuances under employee plans, including tax benefits 117 1,092 — — (7) 1,085
Purchases and retirements (149) (60) (1,458) — — (1,518)
Other — 2 (3) — 3 2
Balances at January 29, 1999 2,543 1,781 606 (36) (30) 2,321
Net income — — 1,666 — — 1,666
Change in unrealized gain on investments, net of taxes — — — 559 — 559
Foreign currency translation adjustments — — — 10 — 10
Total comprehensive income 2,235
Stock issuances under employee plans, including tax benefits 82 1,406 — — (46) 1,360
Purchases and retirements (56) (48) (1,013) — — (1,061)
Stock issued pursuant to acquisition 6 334 — — — 334
Other — 110 1 — 8 119
Balances at January 28, 2000 2,575 3,583 1,260 533 (68) 5,308
Net income — — 2,177 — — 2,177
Change in unrealized gain on investments, net of taxes — — — (475) — (475)
Foreign currency translation adjustments — — — 4 — 4
Total comprehensive income 1,706
Stock issuances under employee plans, including tax benefits 91 1,347 — — (6) 1,341
Purchases and retirements (65) (102) (2,598) — — (2,700)
Other — (33) — — — (33)
Balances at February 2, 2001 2,601 $ 4,795 $ 839 $ 62 $ (74) $ 5,622
The accompanying notes are an integral part of these consolidated financial statements.
30
Table of Contents
DELL COMPUTER CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 1 — Description of Business and Summary of Significant Accounting Policies
Description of Business — Dell Computer Corporation, a Delaware corporation, and its consolidated subsidiaries (collectively
referred to as the "Company") designs, develops, manufactures, markets, services and supports a wide range of computer systems,
including desktop computer systems, notebook computers and enterprise systems (includes servers, workstations and storage
products), and also markets software, peripherals and service and support programs. The Company is managed on a geographic basis.
The three geographic segments are the Americas, Europe, and Asia-Pacific and Japan. The Company markets and sells its computer
products and services under the Dell brand name directly to its various customer groups. These customer groups include large
corporate, government, healthcare and education accounts, as well as small-to-medium businesses and individuals.