diff --git a/lldb/source/DataFormatters/ValueObjectPrinter.cpp b/lldb/source/DataFormatters/ValueObjectPrinter.cpp
--- a/lldb/source/DataFormatters/ValueObjectPrinter.cpp
+++ b/lldb/source/DataFormatters/ValueObjectPrinter.cpp
@@ -590,7 +590,7 @@
 void ValueObjectPrinter::PrintChild(
     ValueObjectSP child_sp,
     const DumpValueObjectOptions::PointerDepth &curr_ptr_depth) {
-  const uint32_t consumed_depth = (!m_options.m_pointer_as_array) ? 1 : 0;
+  const uint32_t consumed_depth = m_options.m_pointer_as_array ? 0 : 1;
   const bool does_consume_ptr_depth =
       ((IsPtr() && !m_options.m_pointer_as_array) || IsRef());
 
@@ -611,7 +611,7 @@
     ValueObjectPrinter child_printer(
         child_sp.get(), m_stream, child_options,
         does_consume_ptr_depth ? --curr_ptr_depth : curr_ptr_depth,
-        m_curr_depth + consumed_depth, m_printed_instance_pointers);
+        m_curr_depth + 1, m_printed_instance_pointers);
     child_printer.PrintValueObject();
   }
 }