Dell 2001 Annual Report Download - page 54

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Table of Contents
Fiscal Year Ended
February 1, February 2, January 28,
2002 2001 2000
(In millions)
Supplemental Consolidated Statement of Cash Flows Information:
Changes in operating working capital accounts:
Accounts receivable, net $ 222 $ (531) $ (394)
Inventories 111 (11) (123)
Accounts payable 826 780 988
Accrued and other liabilities (210) 404 416
Other, net (123) — (75)
$ 826 $ 642 $ 812
Income taxes paid (received) $ 120 $ (32) $ (363)
Interest paid $ 31 $ 49 $ 34
NOTE 10 — Segment Information
The Company conducts operations worldwide and is primarily managed on a geographic basis, with those geographic segments being the Americas, Europe,
and Asia Pacific-Japan regions. The Americas region, which is based in Round Rock, Texas, covers the United States, Canada, South America, and Latin
America. The European region, which is based in Bracknell, England, covers the European countries and also some countries in the Middle East and Africa.
The Asia Pacific-Japan region covers the Pacific Rim, including Japan, Australia and New Zealand, and is based in Singapore. During fiscal 2002, as a result
of continued growth in consumer sales in the United States, the Company changed its management structure resulting in two separate reportable segments
within the Americas: Business and U.S. Consumer.
The accounting policies of the Company's reportable segments are the same as those described in the summary of significant accounting policies. The
Company allocates resources to and evaluates the performance of its segments based on operating income. Corporate expenses are included and special
charges are excluded from the Company's measure of segment operating income for management reporting purposes. The asset totals disclosed by geography
are directly managed by those regions and include accounts receivable, inventory, certain fixed assets, and certain other assets. Assets are not allocated
specifically to the Business and U.S. Consumer segments within the Americas. Corporate assets primarily include cash and cash equivalents, investments,
deferred tax assets, and other assets.
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