Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

EMC Corp., adjusted current assets

US$ in millions

	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
As Reported
Current assets	15,063)	15,733)	17,278)	12,209)	11,583)
Adjustments
Add: Allowance for doubtful accounts	90)	72)	62)	68)	62)
Less: Current deferred tax assets¹	—)	1,070)	912)	942)	733)
After Adjustment
Adjusted current assets	15,153)	14,735)	16,428)	11,335)	10,911)

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

¹ Current deferred tax assets. See details »

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EMC Corp., adjusted total assets

US$ in millions

	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
As Reported
Total assets	46,612)	45,885)	45,849)	38,069)	34,268)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	1,788)	1,704)	1,371)	1,290)	1,145)
Add: Allowance for doubtful accounts	90)	72)	62)	68)	62)
Less: Current deferred tax assets²	—)	1,070)	912)	942)	733)
Less: Non-current deferred tax assets³	1,164)	157)	133)	65)	—)
After Adjustment
Adjusted total assets	47,326)	46,434)	46,237)	38,420)	34,742)

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Current deferred tax assets. See details »

³ Non-current deferred tax assets. See details »

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EMC Corp., adjusted current liabilities

US$ in millions

	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
As Reported
Current liabilities	12,885)	11,710)	11,799)	10,304)	10,376)
Adjustments
Less: Current deferred revenue	6,210)	6,021)	5,278)	4,575)	3,459)
Less: Current product warranty obligations	172)	210)	289)	278)	255)
Less: Restructuring, current	333)	115)	84)	76)	62)
After Adjustment
Adjusted current liabilities	6,170)	5,364)	6,148)	5,376)	6,601)

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

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EMC Corp., adjusted total liabilities

US$ in millions

	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
As Reported
Total liabilities	23,893)	22,360)	22,063)	14,545)	14,341)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	1,788)	1,704)	1,371)	1,290)	1,145)
Less: Non-current deferred tax liabilities²	—)	274)	421)	575)	603)
Less: Deferred revenue	10,802)	10,165)	8,979)	7,551)	6,174)
Less: Product warranty obligations	172)	210)	289)	278)	255)
Less: Restructuring	345)	129)	90)	91)	80)
After Adjustment
Adjusted total liabilities	14,362)	13,286)	13,655)	7,340)	8,374)

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Non-current deferred tax liabilities. See details »

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EMC Corp., adjusted total EMC Corporation’s shareholders’ equity

US$ in millions

	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
As Reported
Total EMC Corporation’s shareholders’ equity	21,140)	21,896)	22,301)	22,357)	18,959)
Adjustments
Less: Deferred tax assets and liabilities¹	1,164)	952)	624)	432)	130)
Add: Allowance for doubtful accounts	90)	72)	62)	68)	62)
Add: Deferred revenue	10,802)	10,165)	8,979)	7,551)	6,174)
Add: Product warranty obligations	172)	210)	289)	278)	255)
Add: Restructuring	345)	129)	90)	91)	80)
Add: Non-controlling interests	1,579)	1,629)	1,485)	1,167)	968)
After Adjustment
Adjusted total shareholders’ equity	32,964)	33,149)	32,582)	31,080)	26,368)

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

¹ Deferred tax assets and liabilities. See details »

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EMC Corp., adjusted capitalization table

US$ in millions

	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
As Reported
Notes converted and payable	—)	—)	1,665)	—)	1,700)
Short-term debt	1,299)	—)	—)	—)	—)
Current portion of convertible debt	—)	—)	—)	1,652)	1,605)
Long-term debt	5,475)	5,495)	5,494)	—)	—)
Total reported debt	6,774)	5,495)	7,159)	1,652)	3,305)
Total EMC Corporation’s shareholders’ equity	21,140)	21,896)	22,301)	22,357)	18,959)
Total reported capital	27,914)	27,391)	29,460)	24,010)	22,264)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	1,788)	1,704)	1,371)	1,290)	1,145)
Adjusted total debt	8,562)	7,199)	8,530)	2,942)	4,450)
Adjustments to Equity
Less: Deferred tax assets and liabilities²	1,164)	952)	624)	432)	130)
Add: Allowance for doubtful accounts	90)	72)	62)	68)	62)
Add: Deferred revenue	10,802)	10,165)	8,979)	7,551)	6,174)
Add: Product warranty obligations	172)	210)	289)	278)	255)
Add: Restructuring	345)	129)	90)	91)	80)
Add: Non-controlling interests	1,579)	1,629)	1,485)	1,167)	968)
Adjusted total shareholders’ equity	32,964)	33,149)	32,582)	31,080)	26,368)
After Adjustment
Adjusted total capital	41,526)	40,348)	41,112)	34,023)	30,818)

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax assets and liabilities. See details »

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EMC Corp., adjusted revenues

US$ in millions

12 months ended:	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
As Reported
Revenues	24,704)	24,440)	23,222)	21,714)	20,008)
Adjustment
Add: Increase (decrease) in deferred revenue	637)	1,186)	1,428)	1,377)	1,510)
After Adjustment
Adjusted revenues	25,341)	25,626)	24,650)	23,091)	21,518)

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

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EMC Corp., adjusted net income attributable to EMC Corporation

US$ in millions

12 months ended:	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
As Reported
Net income attributable to EMC Corporation	1,990)	2,714)	2,889)	2,733)	2,461)
Adjustments
Add: Deferred income tax expense (benefit)¹	(234)	(396)	(202)	(118)	(19)
Add: Increase (decrease) in allowance for doubtful accounts	18)	10)	(6)	7)	4)
Add: Increase (decrease) in deferred revenue	637)	1,186)	1,428)	1,377)	1,510)
Add: Increase (decrease) in product warranty obligations	(35)	(79)	11)	23)	18)
Add: Increase (decrease) in restructuring	216)	39)	(1)	11)	(2)
Add: Other comprehensive income (loss), net of taxes	(217)	(127)	(31)	28)	(146)
After Adjustment
Adjusted net income	2,375)	3,347)	4,088)	4,061)	3,827)

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

¹ Deferred income tax expense (benefit). See details »

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EMC Corp. (NYSE:EMC)

Adjustments to Financial Statements

Adjustments to Current Assets

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Revenues

Adjustments to Reported Income