Cover Page	9 Months Ended
Cover Page	Jul. 31, 2021 shares
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 31, 2021
Document Transition Report	false
Entity File Number	1-4423
Entity Registrant Name	HP INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-1081436
Entity Address, Address Line One	1501 Page Mill Road
Entity Address, City or Town	Palo Alto,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94304
City Area Code	650
Local Phone Number	857-1501
Title of 12(b) Security	Common stock, par value $0.01 per share
Trading Symbol	HPQ
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	1,152,518,738
Entity Central Index Key	0000047217
Amendment Flag	false
Current Fiscal Year End Date	--10-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3

Consolidated Condensed Statements of Earnings (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Income Statement [Abstract]
Net revenue	$ 15,289	$ 14,294	$ 46,812	$ 41,381
Costs and expenses:
Cost of revenue	11,901	11,901	36,660	33,623
Research and development	477	359	1,462	1,097
Selling, general and administrative	1,408	1,156	4,267	3,662
Restructuring and other charges	56	59	216	431
Acquisition-related charges	24	11	40	14
Amortization of intangible assets	42	29	103	84
Total costs and expenses	13,908	13,515	42,748	38,911
Earnings from operations	1,381	779	4,064	2,470
Interest and other, net	(55)	(28)	(106)	(15)
Earnings before taxes	1,326	751	3,958	2,455
Provision for taxes	(218)	(17)	(554)	(279)
Net earnings	$ 1,108	$ 734	$ 3,404	$ 2,176
Net earnings per share:
Basic (usd per share)	$ 0.94	$ 0.52	$ 2.76	$ 1.52
Diluted (usd per share)	$ 0.92	$ 0.52	$ 2.73	$ 1.51
Weighted-average shares used to compute net earnings per share:
Basic (shares)	1,185	1,417	1,235	1,435
Diluted (shares)	1,199	1,423	1,247	1,441

Consolidated Condensed Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Statement of Comprehensive Income [Abstract]
Net earnings	$ 1,108	$ 734	$ 3,404	$ 2,176
Change in unrealized components of available-for-sale debt securities:
Unrealized gains arising during the period	1	2	5	1
Change in unrealized components of cash flow hedges:
Unrealized gains (losses) arising during the period	133	(563)	(254)	(272)
Losses (gains) reclassified into earnings	64	(130)	262	(242)
Change in unrealized components of cash flow hedges	197	(693)	8	(514)
Change in unrealized components of defined benefit plans:
(Losses) gains arising during the period	(1)	(5)	40	(6)
Amortization of actuarial loss and prior service benefit	20	20	62	61
Curtailments, settlements and other	0	2	1	3
Change in unrealized components of defined benefit plans	19	17	103	58
Change in cumulative translation adjustment	2	15	35	4
Other comprehensive income (loss) before taxes	219	(659)	151	(451)
(Provision for) benefit from taxes	(32)	104	(41)	71
Other comprehensive income (loss), net of taxes	187	(555)	110	(380)
Comprehensive income	$ 1,295	$ 179	$ 3,514	$ 1,796

Consolidated Condensed Balance Sheets (Unaudited) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Current assets:
Cash and cash equivalents	$ 3,439	$ 4,864
Accounts receivable, net of allowance for credit losses of $117 and $122, respectively	4,908	5,381
Inventory	8,165	5,963
Other current assets	4,091	4,440
Total current assets	20,603	20,648
Property, plant and equipment, net	2,500	2,627
Goodwill	6,628	6,380
Other non-current assets	5,792	5,026
Total assets	35,523	34,681
Current liabilities:
Notes payable and short-term borrowings	214	674
Accounts payable	15,898	14,704
Other current liabilities	11,555	10,842
Total current liabilities	27,667	26,220
Long-term debt	6,898	5,543
Other non-current liabilities	4,900	5,146
Stockholders’ deficit:
Preferred stock, $0.01 par value (300 shares authorized; none issued)	0	0
Common stock, $0.01 par value (9,600 shares authorized; 1,153 and 1,304 shares issued and outstanding at July 31, 2021 and October 31, 2020, respectively)	12	13
Additional paid-in capital	1,050	963
Accumulated deficit	(3,871)	(1,961)
Accumulated other comprehensive loss	(1,133)	(1,243)
Total stockholders’ deficit	(3,942)	(2,228)
Total liabilities and stockholders’ deficit	$ 35,523	$ 34,681

Consolidated Condensed Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Statement of Financial Position [Abstract]
Allowance for credit loss	$ 117	$ 122
Preferred stock, par value (usd per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	300,000,000	300,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	9,600,000,000	9,600,000,000
Common stock, shares issued (in shares)	1,153,000,000	1,304,000,000
Common stock, shares outstanding (in shares)	1,153,000,000	1,304,000,000

Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020
Cash flows from operating activities:
Net earnings	$ 3,404	$ 2,176
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	585	593
Stock-based compensation expense	260	221
Restructuring and other charges	216	431
Deferred taxes on earnings	(93)	146
Other, net	254	281
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	503	699
Inventory	(2,225)	(247)
Accounts payable	1,140	(433)
Net investment in leases	(78)	(112)
Taxes on earnings	19	(238)
Restructuring and other	(166)	(412)
Other assets and liabilities	(258)	(663)
Net cash provided by operating activities	3,561	2,442
Cash flows from investing activities:
Investment in property, plant and equipment	(410)	(464)
Proceeds from sale of property, plant and equipment	0	3
Purchases of available-for-sale securities and other investments	(24)	(533)
Maturities and sales of available-for-sale securities and other investments	283	303
Collateral posted for derivative instruments	121	(240)
Payment made in connection with business acquisitions, net of cash acquired	(582)	0
Net cash used in investing activities	(612)	(931)
Cash flows from financing activities:
Proceeds from short-term borrowings with original maturities greater than 90 days	22	19
Proceeds from debt, net of issuance costs	2,052	3,051
Payment of debt	(1,192)	(1,788)
Stock-based award activities and others	(42)	(125)
Repurchase of common stock	(4,495)	(1,767)
Cash dividends paid	(719)	(759)
Net cash used in financing activities	(4,374)	(1,369)
(Decrease) increase in cash and cash equivalents	(1,425)	142
Cash and cash equivalents at beginning of period	4,864	4,537
Cash and cash equivalents at end of period	$ 3,439	$ 4,679

Consolidated Condensed Statements of Stockholders Deficit (Unaudited) - USD ($) shares in Thousands, $ in Millions	Total	Adjustment for adoption of accounting standards	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Deficit Adjustment for adoption of accounting standards	Accumulated Other Comprehensive Loss
Balance (in shares) at Oct. 31, 2019			1,457,719
Balance at Oct. 31, 2019	$ (1,193)	$ 27	$ 15	$ 835	$ (818)	$ 27	$ (1,225)
Increase (Decrease) in Stockholders' Equity
Net earnings	2,176				2,176
Other comprehensive income (loss), net of taxes	(380)						(380)
Comprehensive income	1,796
Issuance of common stock in connection with employee stock plans and other (in shares)			13,143
Issuance of common stock in connection with employee stock plans and other	$ (35)			(35)
Repurchases of common stock (in shares)	(97,000)		(97,365)
Repurchases of common stock (Note 10)	$ (1,801)		$ (1)	(63)	(1,737)
Cash dividends declared	(1,001)				(1,001)
Stock-based compensation expense	221			221
Balance (in shares) at Jul. 31, 2020			1,373,497
Balance at Jul. 31, 2020	(1,986)		$ 14	958	(1,353)		(1,605)
Balance (in shares) at Apr. 30, 2020			1,429,957
Balance at Apr. 30, 2020	(743)		$ 14	926	(633)		(1,050)
Increase (Decrease) in Stockholders' Equity
Net earnings	734				734
Other comprehensive income (loss), net of taxes	(555)						(555)
Comprehensive income	179
Issuance of common stock in connection with employee stock plans and other (in shares)			2,379
Issuance of common stock in connection with employee stock plans and other	$ 23			23
Repurchases of common stock (in shares)	(59,000)		(58,839)
Repurchases of common stock (Note 10)	$ (1,001)			(40)	(961)
Cash dividends declared	(493)				(493)
Stock-based compensation expense	49			49
Balance (in shares) at Jul. 31, 2020			1,373,497
Balance at Jul. 31, 2020	$ (1,986)		$ 14	958	(1,353)		(1,605)
Balance (in shares) at Oct. 31, 2020	1,304,000		1,303,927
Balance at Oct. 31, 2020	$ (2,228)		$ 13	963	(1,961)		(1,243)
Increase (Decrease) in Stockholders' Equity
Net earnings	3,404				3,404
Other comprehensive income (loss), net of taxes	110						110
Comprehensive income	3,514
Issuance of common stock in connection with employee stock plans and other (in shares)			11,385
Issuance of common stock in connection with employee stock plans and other	$ (41)			(41)
Repurchases of common stock (in shares)	(163,000)		(162,793)
Repurchases of common stock (Note 10)	$ (4,504)		$ (1)	(132)	(4,371)
Cash dividends declared	(943)				(943)
Stock-based compensation expense	$ 260			260
Balance (in shares) at Jul. 31, 2021	1,153,000		1,152,519
Balance at Jul. 31, 2021	$ (3,942)		$ 12	1,050	(3,871)		(1,133)
Balance (in shares) at Apr. 30, 2021			1,201,255
Balance at Apr. 30, 2021	(3,360)		$ 12	1,018	(3,070)		(1,320)
Increase (Decrease) in Stockholders' Equity
Net earnings	1,108				1,108
Other comprehensive income (loss), net of taxes	187						187
Comprehensive income	1,295
Issuance of common stock in connection with employee stock plans and other (in shares)			968
Issuance of common stock in connection with employee stock plans and other	$ 7			7
Repurchases of common stock (in shares)	(50,000)		(49,704)
Repurchases of common stock (Note 10)	$ (1,500)			(44)	(1,456)
Cash dividends declared	(453)				(453)
Stock-based compensation expense	$ 69			69
Balance (in shares) at Jul. 31, 2021	1,153,000		1,152,519
Balance at Jul. 31, 2021	$ (3,942)		$ 12	$ 1,050	$ (3,871)		$ (1,133)

Consolidated Condensed Statements of Stockholders’ Deficit (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Statement of Stockholders' Equity [Abstract]
Cash dividends per share (usd per share)	$ 0.39	$ 0.35	$ 0.78	$ 0.70

Basis of Presentation	9 Months Ended
Basis of Presentation	Jul. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Basis of Presentation The accompanying Consolidated Condensed Financial Statements of HP and its wholly-owned subsidiaries are prepared in conformity with United States (“U.S.”) generally accepted accounting principles (“GAAP”). The interim financial information is unaudited but reflects all normal adjustments that are necessary to provide a fair statement of results for the interim periods presented. This interim information should be read in conjunction with the Consolidated Financial Statements for the fiscal year ended October 31, 2020 in the Annual Report on Form 10-K, filed on December 10, 2020. The Consolidated Condensed Balance Sheet for October 31, 2020 was derived from audited financial statements. Principles of Consolidation The Consolidated Condensed Financial Statements include the accounts of HP and its subsidiaries and affiliates in which HP has a controlling financial interest or is the primary beneficiary. All intercompany balances and transactions have been eliminated. Use of Estimates The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in HP’s Consolidated Condensed Financial Statements and accompanying notes. Actual results may differ materially from those estimates. As of July 31, 2021, the extent to which the COVID-19 pandemic will impact our business going forward depends on numerous dynamic factors which we cannot reliably predict. As a result, many of our estimates and assumptions required increased judgment and may carry a higher degree of variability and volatility. As the events continue to evolve with respect to the pandemic, our estimates may materially change in future periods. Separation Transaction On November 1, 2015, Hewlett-Packard Company completed the separation of Hewlett Packard Enterprise Company (“Hewlett Packard Enterprise”), Hewlett-Packard Company’s former enterprise technology infrastructure, software, services and financing businesses (the “Separation”). In connection with the Separation, HP and Hewlett Packard Enterprise entered into a separation and distribution agreement, an employee matters agreement and various other agreements which remain enforceable and provide a framework for the continuing relationships between the parties. For more information on the impacts of these agreements, see Note 12, “Litigation and Contingencies”. Recently Adopted Accounting Pronouncements In June 2016, the FASB issued guidance, which requires credit losses on financial assets measured at amortized cost basis to be presented at the net amount expected to be collected, not based on incurred losses. Furthermore, credit losses on available-for-sale debt securities should be recorded through an allowance for credit losses limited to the amount by which fair value is below amortized cost. HP adopted the new credit loss standard as of November 1, 2020 using a modified retrospective approach. The cumulative effect upon adoption was not material to the consolidated condensed financial statements. Accounts receivable HP records allowance for credit losses for the current expected credit losses inherent in the asset over its expected life. The allowance for credit losses is maintained based on the relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. HP records a specific reserve for individual accounts when HP becomes aware of specific customer circumstances, such as in the case of a bankruptcy filing or deterioration in the customer’s operating results or financial position. If there are additional changes in circumstances related to the specific customer, HP further adjusts estimates of the recoverability of receivables. HP assesses collectability by pooling receivables where similar risk characteristics exist. HP maintains an allowance for credit losses for all other customers based on a variety of factors, including the use of third-party credit risk models that generate quantitative measures of default probabilities based on market factors, financial condition of customers, length of time receivables are past due, trends in the weighted-average risk rating for the portfolio, macroeconomic conditions, information derived from competitive benchmarking, significant one-time events, and historical experience. The past due or delinquency status of a receivable is based on the contractual payment terms of the receivable. HP has third-party short-term financing arrangements intended to facilitate the working capital requirements of certain customers. These financing arrangements, which in certain cases provide for partial recourse, result in the transfer of HP’s trade receivables to a third-party. HP reflects amounts transferred to, but not yet collected from the third-party in Accounts receivable in the Consolidated Condensed Balance Sheets. For arrangements involving an element of recourse, the fair value of the recourse obligation is measured using market data from similar transactions and reported as a current liability in the Consolidated Condensed Balance Sheets. Debt and Marketable Equity Securities Investments HP determines the appropriate classification of its investments at the time of purchase and re-evaluates the classifications at each balance sheet date. Debt and marketable equity securities are generally considered available-for-sale. All highly liquid investments with maturities of three months or less at the date of purchase are classified as cash equivalents. Marketable debt securities with maturities of twelve months or less are classified as short-term investments and marketable debt securities with maturities greater than twelve months are classified based on their availability for use in current operations. Marketable equity securities, including mutual funds, are classified as either short or long-term based on the nature of each security and its availability for use in current operations. Available-for-sale debt securities are reported at fair value with unrealized gains and losses, net of applicable taxes, in Accumulated other comprehensive loss. Unrealized gains and losses on equity securities, credit losses and impairments on available-for-sale debt securities are recorded in Consolidated Condensed Statements of Earnings. Realized gains and losses on available-for-sale securities are calculated at the individual security level and included in Interest and other, net in the Consolidated Condensed Statements of Earnings. HP monitors its investment portfolio for potential impairment and credit losses on a quarterly basis. If HP intends to sell a debt security or it is more likely than not that HP will be required to sell the security before recovery, then a decline in fair value below cost is recorded as an impairment charge in Interest and other, net and a new cost basis in the investment is established. In other cases, if the carrying amount of an investment in debt securities exceeds its fair value and the decline in value is determined to be due to credit related reasons, HP records a credit loss allowance, limited by the amount that fair value is less than the amortized cost basis. HP recognizes the corresponding charge in Interest and other, net and the remaining unrealized loss, if any, in Accumulated other comprehensive loss in the Consolidated Condensed Balance Sheets. Factors that HP considers while determining the credit loss allowance includes, but is not limited to, severity and the reason for the decline in value, interest rate changes and counterparty long-term ratings.

Segment Information

9 Months Ended

Jul. 31, 2021

Segment Reporting [Abstract]

Segment Information

HP is a leading global provider of personal computing and other access devices, imaging and printing products, and related technologies, solutions and services. HP sells to individual consumers, small- and medium-sized businesses (“SMBs”) and large enterprises, including customers in the government, health and education sectors. HP goes to market through its extensive channel network and direct sales.

HP’s operations are organized into three reportable segments: Personal Systems, Printing, and Corporate Investments. HP’s organizational structure is based on many factors that the chief operating decision maker (“CODM”) uses to evaluate, view and run the business operations, which include, but are not limited to, customer base and homogeneity of products and technology. The segments are based on this organizational structure and information reviewed by HP’s CODM to evaluate segment results. The CODM uses several metrics to evaluate the performance of the overall business, including earnings from operations, and uses these results to allocate resources to each of the segments.

A summary description of each segment is as follows:

Personal Systems offers commercial and consumer desktop and notebook personal computers (“PCs”), workstations, thin clients, commercial mobility devices, retail point-of-sale (“POS”) systems, displays and peripherals, software, support and services. HP groups commercial notebooks, commercial desktops, commercial services, commercial mobility devices, commercial detachables and convertibles, workstations, retail POS systems and thin clients into commercial PCs and consumer notebooks, consumer desktops, consumer services and consumer detachables into consumer PCs when describing performance in these markets. Described below are HP’s global business capabilities within Personal Systems:

•Commercial PCs are optimized for use by enterprise, public sector which includes education, and SMB customers, with a focus on robust designs, security, serviceability, connectivity, reliability and manageability in the customer’s environment. Additionally, HP offers a range of services and solutions to enterprise, public sector which includes education, and SMB customers to help them manage the lifecycle of their PC and mobility installed base.

•Consumer PCs are optimized for consumer usage, focusing on gaming, learning and working remotely, consuming multi-media for entertainment, managing personal life activities, staying connected, sharing information, getting things done for work including creating content and staying informed and secure.

Personal Systems groups its global business capabilities into the following business units when reporting business performance:

•Notebooks consists of consumer notebooks, commercial notebooks, mobile workstations, peripherals, and commercial mobility devices;

• Desktops includes consumer desktops, commercial desktops, thin clients, displays, peripherals, and retail POS systems;

• Workstations consists of desktop workstations, displays, and peripherals; and

• Other consists of consumer and commercial services as well as other Personal Systems capabilities.

Printing provides consumer and commercial printer hardware, supplies, services and solutions. Printing is also focused on imaging solutions in the commercial and industrial markets. Described below are HP’s global business capabilities within Printing.

•Office Printing Solutions delivers HP’s office printers, supplies, services and solutions to SMBs and large enterprises. It also includes OEM hardware and solutions, and some Samsung-branded supplies.

•Home Printing Solutions delivers innovative printing products, supplies, services and solutions for the home, home business and micro business customers utilizing both HP’s Ink and Laser technologies. It also includes some Samsung-branded supplies.

•Graphics Solutions delivers large-format, commercial and industrial solutions and supplies to print service providers and packaging converters through a wide portfolio of printers and presses (HP DesignJet, HP Latex, HP Indigo and HP PageWide Web Presses).

•3D Printing & Digital Manufacturing offers a portfolio of additive manufacturing solutions and supplies to help customers succeed in their additive and digital manufacturing journey. HP offers complete solutions in collaboration with an ecosystem of partners.

Printing groups its global business capabilities into the following business units when reporting business performance:

•Commercial consists of office printing solutions, graphics solutions and 3D printing & digital manufacturing, excluding supplies;

•Consumer consists of home printing solutions, excluding supplies; and

•Supplies comprises a set of highly innovative consumable products, ranging from ink and laser cartridges to media, graphics supplies and 3D printing & digital manufacturing supplies, for recurring use in consumer and commercial hardware.

Corporate Investments includes HP Labs and certain business incubation and investment projects.

The accounting policies HP uses to derive segment results are substantially the same as those used by HP in preparing these financial statements. HP derives the results of the business segments directly from its internal management reporting system.

HP does not allocate certain operating expenses, which it manages at the corporate level, to its segments. These unallocated amounts include certain corporate governance costs and infrastructure investments, stock-based compensation expense, restructuring and other charges, acquisition-related charges and amortization of intangible assets.

Segment Operating Results from Operations and the reconciliation to HP consolidated results were as follows:


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Net revenue:
Notebooks	$	7,328	$	7,304	$	22,183	$	18,361
Desktops	2,246		2,221		6,871		7,553
Workstations	388		428		1,177		1,461
Other	444		407		1,333		1,190
Personal Systems	10,406		10,360		31,564		28,565
Supplies	3,092		2,573		9,575		8,455
Commercial	1,070		732		3,112		2,616
Consumer	720		628		2,562		1,744
Printing	4,882		3,933		15,249		12,815
Corporate Investments	—		1		1		2
Total segment net revenue	15,288		14,294		46,814		41,382
Other	1		—		(2)		(1)
Total net revenue	$	15,289	$	14,294	$	46,812	$	41,381

Earnings before taxes:
Personal Systems	$	869	$	570	$	2,337	$	1,784
Printing	857		480		2,806		1,782
Corporate Investments	(20)		(15)		(82)		(42)
Total segment earnings from operations	1,706		1,035		5,061		3,524
Corporate and unallocated costs and other	(134)		(108)		(378)		(304)
Stock-based compensation expense	(69)		(49)		(260)		(221)
Restructuring and other charges	(56)		(59)		(216)		(431)
Acquisition-related charges	(24)		(11)		(40)		(14)
Amortization of intangible assets	(42)		(29)		(103)		(84)

Interest and other, net	(55)		(28)		(106)		(15)
Total earnings before taxes	$	1,326	$	751	$	3,958	$	2,455

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

Restructuring and Other Charges

9 Months Ended

Jul. 31, 2021

Restructuring and Related Activities [Abstract]

Restructuring and Other Charges

Summary of Restructuring Plans

HP’s restructuring activities for the nine months ended July 31, 2021 and 2020 summarized by plan were as follows:


	Fiscal 2020 Plan
	Severance and EER			Non-labor		Other prior-year Plans		Total
	In millions
Accrued balance as of October 31, 2020	$	55		$	—	$	12	$	67
Charges	164			35		—		199
Cash payments	(132)			(4)		(12)		(148)
Non-cash and other adjustments	(1)			(31)		—		(32)
Accrued balance as of July 31, 2021	$	86		$	—	$	—	$	86
Total costs incurred to date as of July 31, 2021	$	592		$	45	$	1,817	$	2,454

Reflected in Consolidated Condensed Balance Sheets
Other current liabilities	$	86		$	—	$	—	$	86



Accrued balance as of October 31, 2019	$	76		$	—	$	66	$	142
Charges	325			5		1		331
Cash payments	(256)			(5)		(48)		(309)
Non-cash and other adjustments	(48)		(1)	—		(3)		(51)
Accrued balance as of July 31, 2020	$	97		$	—	$	16	$	113

(1)Includes reclassification of liability related to the Enhanced Early Retirement (“EER”) plan of $44 million for certain healthcare and medical savings account benefits to pension and post-retirement plans.

HP’s restructuring charges for the three months ended July 31, 2021 summarized by the plans outlined below were as follows:


	Fiscal 2020 Plan
	Severance and EER		Non-labor		Total
	In millions
For the three months ended July 31, 2021	$	28	$	20	$	48

Fiscal 2020 Plan

On September 30, 2019, HP’s Board of Directors approved the Fiscal 2020 Plan intended to optimize and simplify its operating model and cost structure that HP expects will be implemented through fiscal 2022. HP expects to reduce global headcount by approximately 7,000 to 9,000 employees through a combination of employee exits and voluntary EER. HP estimates that it will incur pre-tax charges of approximately $1.0 billion relating to labor and non-labor actions. HP now expects to incur approximately $0.8 billion primarily in labor costs related to workforce reductions and the remaining costs will relate to non-labor actions and other charges.

Other charges

Other charges include non-recurring costs, including those as a result of information technology rationalization efforts and proxy contest activities, and are distinct from ongoing operational costs. These costs primarily relate to third-party legal, professional services and other non-recurring costs. For the three and nine months ended July 31, 2021, HP incurred $8 million

and $17 million of other charges, respectively. For the three and nine months ended July 31, 2020, HP incurred $13 million and $100 million of other charges, respectively.

Retirement and Post-Retirement Benefit Plans

9 Months Ended

Jul. 31, 2021

Retirement Benefits [Abstract]

Retirement and Post-Retirement Benefit Plans

The components of HP’s pension and post-retirement benefit (credit) cost recognized in the Consolidated Condensed Statements of Earnings were as follows:


	Three months ended July 31
	U.S. Defined Benefit Plans				Non-U.S. Defined Benefit Plans				Post-Retirement Benefit Plans
	2021		2020		2021		2020		2021		2020
	In millions
Service cost	$	—	$	—	$	16	$	16	$	—	$	—
Interest cost	76		103		5		4		2		3
Expected return on plan assets	(127)		(175)		(13)		(10)		(5)		(6)
Amortization and deferrals:
Actuarial loss (gain)	14		16		13		11		(4)		(3)
Prior service benefit	—		—		(1)		(1)		(2)		(3)
Net periodic benefit (credit) cost	(37)		(56)		20		20		(9)		(9)

Settlement loss	—		2		—		—		—		—

Total periodic benefit (credit) cost	$	(37)	$	(54)	$	20	$	20	$	(9)	$	(9)

	Nine months ended July 31
	U.S. Defined Benefit Plans				Non-U.S. Defined Benefit Plans				Post- Retirement Benefit Plans
	2021		2020		2021		2020		2021		2020
	In millions
Service cost	$	—	$	—	$	50	$	47	$	1	$	1
Interest cost	228		309		14		13		6		8
Expected return on plan assets	(381)		(525)		(37)		(31)		(17)		(17)
Amortization and deferrals:
Actuarial loss (gain)	44		48		40		32		(12)		(8)
Prior service benefit	—		—		(2)		(2)		(8)		(9)
Net periodic benefit (credit) cost	(109)		(168)		65		59		(30)		(25)

Settlement loss	1		3		—		—		—		—
Special termination benefit cost	—		—		—		—		—		44
Total periodic benefit (credit) cost	$	(108)	$	(165)	$	65	$	59	$	(30)	$	19

Employer Contributions and Funding Policy

HP’s policy is to fund its pension plans so that it makes at least the minimum contribution required by local government, funding and taxing authorities.

During fiscal year 2021, HP anticipates making contributions of approximately $77 million to its non-U.S. pension plans, approximately $34 million to its U.S. non-qualified plan participants and approximately $5 million to cover benefit claims under HP’s post-retirement benefit plans. During the nine months ended July 31, 2021, HP contributed $50 million to its non-U.S. pension plans, paid $21 million to cover benefit payments to U.S. non-qualified plan participants and paid $3 million to cover benefit claims under HP’s post-retirement benefit plans.

HP’s pension and other post-retirement benefit costs and obligations depend on various assumptions. Differences between expected and actual returns on investments and changes in discount rates and other actuarial assumptions are reflected as unrecognized gains or losses, and such gains or losses are amortized to earnings in future periods. A deterioration in the funded status of a plan could result in a need for additional company contributions or an increase in net pension and post-retirement benefit costs in future periods. Actuarial gains or losses are determined at the measurement date and amortized over the remaining service life for active plans or the life expectancy of plan participants for frozen plans.

In August 2021, HP entered into an agreement with The Prudential Insurance Company of America (“Prudential”) to purchase an irrevocable group annuity contract and transfer approximately $5.2 billion of the HP Inc. U.S. Pension Plan (“Pension Plan”) obligations, subject to customary closing conditions. Under the agreement, Prudential will assume responsibility for pension benefits and annuity administration for approximately 41,000 retirees and beneficiaries. This transaction will not change the amount or timing of monthly retirement benefit payments. Upon closing this transaction in the fourth quarter of fiscal 2021, HP will record a settlement gain of approximately $40 million. As the transaction will be funded directly by the assets of the Pension Plan, there will be no cash flow impact to HP.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section S99
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=21916913&loc=d3e273930-122802

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (o)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (p)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 70
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 60
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6414203&loc=d3e39689-114964

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (q)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (l)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-URI http://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920

+ Details

Taxes on Earnings	9 Months Ended
Taxes on Earnings	Jul. 31, 2021
Income Tax Disclosure [Abstract]
Taxes on Earnings	Taxes on Earnings Provision for Taxes HP’s effective tax rate was 16.5% and 2.2% for the three months ended July 31, 2021 and 2020, respectively, and 14.0% and 11.4% for the nine months ended July 31, 2021 and 2020, respectively. The difference between the U.S. federal statutory tax rate of 21% and HP’s effective tax rate for the three and nine months ended July 31, 2021 was primarily due to tax effects of internal reorganization and by favorable tax rates associated with certain earnings from HP’s operations in lower-tax jurisdictions throughout the world. For the three and nine months ended July 31, 2020, HP’s effective tax rate differed from the U.S. federal statutory rate of 21% primarily due to audit settlements in various jurisdictions and favorable tax rates associated with certain earnings from HP’s operations in lower-tax jurisdictions throughout the world. During the three and nine months ended July 31, 2021, HP recorded $21 million and $150 million, respectively, of net income tax benefits related to discrete items in the provision for taxes. These amounts included income tax benefits of $9 million and $45 million related to restructuring charges and $23 million and $30 million related to the filing of tax returns in various jurisdictions for the three and nine months ended July 31, 2021, respectively. The nine months ended July 31, 2021 also included a tax benefit of $89 million related to tax effects of internal reorganization and a tax benefit of $10 million related to audit settlements in various jurisdictions. These benefits were partially offset by uncertain tax position charges of $13 million and $25 million for the three and nine months ended July 31, 2021, respectively. For the three and nine months ended July 31, 2021, excess tax benefits associated with stock options, restricted stock units and performance-adjusted restricted stock units were immaterial. During the three and nine months ended July 31, 2020, HP recorded $116 million and $182 million, respectively, of net tax benefits related to discrete items in the provision for taxes. These amounts included tax benefits of $102 million and $143 million related to audit settlements in various jurisdictions, $20 million and $75 million related to restructuring charges, and $4 million and $20 million related to acquisition charges for the three and nine months ended July 31, 2020, respectively. These benefits were partially offset by uncertain tax position charges of $3 million and $54 million for the three and nine months ended July 31, 2020, respectively. For the three and nine months ended July 31, 2020, excess tax benefits associated with stock options, restricted stock units and performance-adjusted restricted stock units were immaterial. Uncertain Tax Positions As of July 31, 2021, the amount of gross unrecognized tax benefits was $822 million, of which up to $653 million would affect HP’s effective tax rate if realized. HP recognizes interest income from favorable settlements and interest expense and penalties accrued on unrecognized tax benefits in the provision for taxes in the Consolidated Condensed Statements of Earnings. As of July 31, 2021 and 2020, HP had accrued $70 million and $37 million, respectively, for interest and penalties. HP engages in continuous discussions and negotiations with taxing authorities regarding tax matters in various jurisdictions. HP expects to complete the resolution of certain tax years with various tax authorities within the next 12 months. HP believes it is reasonably possible that its existing gross unrecognized tax benefits may be reduced by up to $98 million within the next 12 months, affecting HP’s effective tax rate if realized. HP is subject to income tax in the United States and approximately 60 other countries and is subject to routine corporate income tax audits in many of these jurisdictions. In addition, HP is subject to numerous ongoing audits by federal, state and foreign tax authorities. The Internal Revenue Service (“IRS”) is conducting an audit of HP’s 2018 and 2019 income tax returns.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 17
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-URI http://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 270
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI http://asc.fasb.org/topic&trid=2144680

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Supplementary Financial Information

9 Months Ended

Jul. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplementary Financial Information

Accounts Receivable

The allowance for credit losses related to accounts receivable and changes were as follows:


	Nine months ended July 31, 2021
	In millions
Balance at beginning of period	$	122
Current-period allowance for credit losses	9
Deductions, net of recoveries	(14)
Balance at end of period	$	117

HP has third-party arrangements, consisting of revolving short-term financing, which provide liquidity to certain partners to facilitate their working capital requirements. These financing arrangements, which in certain circumstances may contain partial recourse, result in a transfer of HP’s receivables and risk to the third-party. As these transfers qualify as true sales under the applicable accounting guidance, the receivables are de-recognized from the Consolidated Condensed Balance Sheets upon transfer, and HP receives a payment for the receivables from the third-party within a mutually agreed upon time period. For arrangements involving an element of recourse, the recourse obligation is measured using market data from similar transactions and reported as a current liability in the Consolidated Condensed Balance Sheets. The recourse obligations as of July 31, 2021 and October 31, 2020 were not material. The costs associated with the sale of trade receivables for the three and nine months ended July 31, 2021 and 2020 were not material.

The following is a summary of the activity under these arrangements:


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Balance at beginning of period(1)	$	212	$	124	$	188	$	235
Trade receivables sold	2,667		2,231		9,155		7,411
Cash receipts	(2,711)		(2,254)		(9,181)		(7,544)
Foreign currency and other	(2)		8		4		7
Balance at end of period(1)	$	166	$	109	$	166	$	109

(1) Amounts outstanding from third parties reported in Accounts receivable in the Consolidated Condensed Balance Sheets.

Inventory


	As of
	July 31, 2021		October 31, 2020
	In millions
Finished goods	$	4,187	$	3,662
Purchased parts and fabricated assemblies(1)	3,978		2,301
	$	8,165	$	5,963

(1) Increase is attributable to strategic buys in Personal Systems.

Other Current Assets


	As of
	July 31, 2021		October 31, 2020
	In millions
Supplier and other receivables	$	2,218	$	2,092
Prepaid and other current assets	1,031		1,104
Value-added taxes receivable	834		970
Available-for-sale investments	8		274
	$	4,091	$	4,440

Property, Plant and Equipment, net


	As of
	July 31, 2021		October 31, 2020
	In millions
Land, buildings and leasehold improvements	$	2,168	$	2,066
Machinery and equipment, including equipment held for lease	5,259		5,275
	7,427		7,341
Accumulated depreciation	(4,927)		(4,714)
	$	2,500	$	2,627

Other Non-Current Assets


	As of
	July 31, 2021		October 31, 2020
	In millions
Deferred tax assets	$	2,581	$	2,515
Right-of-use assets from operating leases, net	1,114		1,107
Deposits and prepaid	757		337
Intangible assets	741		540
Other	599		527
	$	5,792	$	5,026

Other Current Liabilities


	As of
	July 31, 2021		October 31, 2020
	In millions
Sales and marketing programs	$	3,101	$	3,185
Employee compensation and benefit	1,462		1,194
Deferred revenue	1,335		1,208
Other accrued taxes	1,020		1,051
Warranty	752		746
Operating lease liabilities	330		275
Tax liability	271		223
Other	3,284		2,960
	$	11,555	$	10,842

Other Non-Current Liabilities


	As of
	July 31, 2021		October 31, 2020
	In millions
Pension, post-retirement, and post-employment liabilities	$	1,342	$	1,576
Deferred revenue	1,043		1,072
Operating lease liabilities	878		904
Tax liability	751		746
Deferred tax liability	47		25
Other	839		823
	$	4,900	$	5,146

Interest and other, net


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Interest expense on borrowings	$	(68)	$	(55)	$	(193)	$	(176)
Loss on extinguishment of debt(1)	(16)		(40)		(16)		(40)
Other, net	29		67		103		201
	$	(55)	$	(28)	$	(106)	$	(15)

(1) See Note 9 “Borrowings” for detailed information.

Net revenue by region


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Americas	$	7,006	$	6,229	$	20,746	$	17,393
Europe, Middle East and Africa	5,004		4,725		16,267		14,611
Asia-Pacific and Japan	3,279		3,340		9,799		9,377
Total net revenue	$	15,289	$	14,294	$	46,812	$	41,381

Value of Remaining Performance Obligations

As of July 31, 2021, the estimated value of transaction price allocated to remaining performance obligations was $3.8 billion. HP expects to recognize approximately $1.8 billion of the unearned amount in next 12 months and $2.0 billion thereafter.

HP has elected the practical expedients and accordingly does not disclose the aggregate amount of the transaction price allocated to remaining performance obligations if:

•the contract has an original expected duration of one year or less; or

•the revenue from the performance obligation is recognized over time on an as-invoiced basis when the amount corresponds directly with the value to the customer; or

•the portion of the transaction price that is variable in nature is allocated entirely to a wholly unsatisfied performance obligation.

The remaining performance obligations are subject to change and may be affected by various factors, such as termination of contracts, contract modifications and adjustment for currency.

Contract Liabilities

As of July 31, 2021 and October 31, 2020, HP’s contract liabilities balances were $2.4 billion and $2.2 billion, respectively, included in Other current liabilities and Other non-current liabilities in the Consolidated Condensed Balance Sheets.

The increase in the contract liabilities balance for the nine months ended July 31, 2021 was primarily driven by sales of fixed-price support and maintenance services, partially offset by $0.9 billion of revenue recognized that was included in the contract liabilities balance as of October 31, 2020.

Changes in Variable Consideration

HP reduces the transaction price at the time performance obligations are satisfied for various customer and distributor sales incentive and promotional programs. During the three months ended July 31, 2021, we recorded an increase to our estimated transaction price for performance obligations satisfied in the prior periods of approximately $350 million. The change in estimate is a result of lower-than-expected marketing incentives due to increasing supply constraints, shifts in customer behavior and the evolving impact of the COVID-19 pandemic. The changes in estimates recorded during the nine months ended July 31, 2021 and the three and nine months ended July 31, 2020 were immaterial.

Fair Value

9 Months Ended

Jul. 31, 2021

Fair Value Disclosures [Abstract]

Fair Value

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date.

Fair Value Hierarchy

HP uses valuation techniques that are based upon observable and unobservable inputs. Observable inputs are developed using market data such as publicly available information and reflect the assumptions market participants would use, while unobservable inputs are developed using the best information available about the assumptions market participants would use.

Assets and liabilities are classified in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement:

Level 1—Quoted prices (unadjusted) in active markets for identical assets or liabilities.

Level 2—Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability and market-corroborated inputs.

Level 3—Unobservable inputs for the asset or liability.

The fair value hierarchy gives the highest priority to observable inputs and lowest priority to unobservable inputs.

The following table presents HP’s assets and liabilities that are measured at fair value on a recurring basis:


	As of July 31, 2021								As of October 31, 2020
	Fair Value Measured Using								Fair Value Measured Using
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	In millions
Assets:
Cash Equivalents:
Corporate debt	$	—	$	1,407	$	—	$	1,407	$	—	$	1,700	$	—	$	1,700
Financial institution instruments	—		—		—		—		—		59		—		59
Government debt(1)	770		—		—		770		1,992		181		—		2,173
Available-for-Sale Investments:
Corporate debt	—		—		—		—		—		169		—		169
Financial institution instruments	—		8		—		8		—		32		—		32
Government debt(1)	—		—		—		—		—		73		—		73
Mutual funds	6		57		—		63		5		53		—		58
Derivative Instruments:
Interest rate contracts	—		2		—		2		—		4		—		4
Foreign currency contracts	—		188		—		188		—		191		—		191
Other derivatives	—		1		—		1		—		—		—		—
Total assets	$	776	$	1,663	$	—	$	2,439	$	1,997	$	2,462	$	—	$	4,459
Liabilities:
Derivative Instruments:
Interest rate contracts	$	—	$	6	$	—	$	6	$	—	$	3	$	—	$	3
Foreign currency contracts	—		224		—		224		—		256		—		256
Other derivatives	—		1		—		1		—		3		—		3
Total liabilities	$	—	$	231	$	—	$	231	$	—	$	262	$	—	$	262

(1) Government debt includes instruments such as U.S. treasury notes, U.S. agency securities and non-U.S. government bonds. Money market funds invested in government debt and traded in active markets are included in Level 1.

Valuation Techniques

Cash Equivalents and Investments: HP holds time deposits, money market funds, mutual funds, other debt securities primarily consisting of corporate and foreign government notes and bonds, and common stock and equivalents. HP values cash equivalents and equity investments using quoted market prices, alternative pricing sources, including net asset value, or models utilizing market observable inputs. The fair value of debt investments is based on quoted market prices or model-driven valuations using inputs primarily derived from or corroborated by observable market data, and, in certain instances, valuation models that utilize assumptions which cannot be corroborated with observable market data.

Derivative Instruments: HP uses industry standard valuation models to measure fair value. Where applicable, these models project future cash flows and discount the future amounts to present value using market-based observable inputs, including interest rate curves, HP and counterparty credit risk, foreign exchange rates, and forward and spot prices for currencies and interest rates. See Note 8, “Financial Instruments” for a further discussion of HP’s use of derivative instruments.

Other Fair Value Disclosures

Short- and Long-Term Debt: HP estimates the fair value of its debt primarily using an expected present value technique, which is based on observable market inputs using interest rates currently available to companies of similar credit standing for similar terms and remaining maturities and considering its own credit risk. The portion of HP’s debt that is hedged is reflected in the Consolidated Condensed Balance Sheets as an amount equal to the debt’s carrying amount and a fair value adjustment representing changes in the fair value of the hedged debt obligations arising from movements in benchmark interest rates. The fair value of HP’s short- and long-term debt was $7.7 billion as of July 31, 2021, compared to its carrying amount of $7.1 billion at that date. The fair value of HP’s short- and long-term debt was $6.7 billion as of October 31, 2020, compared to its carrying value of $6.2 billion at that date. If measured at fair value in the Consolidated Condensed Balance Sheets, short- and long-term debt would be classified in Level 2 of the fair value hierarchy.

Other Financial Instruments: For the balance of HP’s financial instruments, primarily accounts receivable, accounts payable and financial liabilities included in Other current liabilities on the Consolidated Condensed Balance Sheets, the carrying amounts approximate fair value due to their short maturities. If measured at fair value in the Consolidated Condensed Balance Sheets, these other financial instruments would be classified as Level 2 or Level 3 in the fair value hierarchy.

Non-Marketable Equity Investments and Non-Financial Assets: HP’s non-marketable equity investments are measured at cost less impairment, adjusted for observable price changes. HP’s non-financial assets, such as intangible assets, goodwill and property, plant and equipment, are recorded at fair value in the period an impairment charge is recognized. If measured at fair value in the Consolidated Condensed Balance Sheets these would generally be classified within Level 3 of the fair value hierarchy.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Financial Instruments

9 Months Ended

Jul. 31, 2021

Investments, All Other Investments [Abstract]

Financial Instruments

Cash Equivalents and Available-for-Sale Investments


	As of July 31, 2021								As of October 31, 2020
	Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value		Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value
	In millions
Cash Equivalents:
Corporate debt	$	1,407	$	—	$	—	$	1,407	$	1,700	$	—	$	—	$	1,700
Financial institution instruments	—		—		—		—		59		—		—		59
Government debt	770		—		—		770		2,173		—		—		2,173
Total cash equivalents	2,177		—		—		2,177		3,932		—		—		3,932
Available-for-Sale Investments:
Corporate debt(1)	—		—		—		—		169		—		—		169
Financial institution instruments(1)	8		—		—		8		32		—		—		32
Government debt(1)	—		—		—		—		73		—		—		73
Mutual funds	44		19		—		63		42		16		—		58
Total available-for-sale investments	52		19		—		71		316		16		—		332
Total cash equivalents and available-for-sale investments	$	2,229	$	19	$	—	$	2,248	$	4,248	$	16	$	—	$	4,264

(1) HP classifies its marketable debt securities as Available-for-sale investments within Other current assets on the Consolidated Condensed Balance Sheets, including those with maturity dates beyond one year, based on their highly liquid nature and availability for use in current operations.

All highly liquid investments with original maturities of three months or less at the date of acquisition are considered cash equivalents. As of July 31, 2021 and October 31, 2020, the carrying amount of cash equivalents approximated fair value due to the short period of time to maturity. The estimated fair value of the available-for-sale investments may not be representative of values that will be realized in the future.

Contractual maturities of investments in available-for-sale debt securities were as follows:


	As of July 31, 2021
	Amortized Cost		Fair Value
	In millions
Due in one year	$	8	$	8

Non-marketable equity securities in privately held companies are included in Other non-current assets in the Consolidated Condensed Balance Sheets. These amounted to $53 million and $44 million as of July 31, 2021 and October 31, 2020, respectively.

HP determines credit losses on cash equivalents and available-for-sale debt securities at the individual security level. All instruments are considered investment grade. No credit-related or noncredit-related impairment losses were recorded for the three and nine months ended July 31, 2021.

Derivative Instruments

HP uses derivatives to offset business exposure to foreign currency and interest rate risk on expected future cash flows and on certain existing assets and liabilities. As part of its risk management strategy, HP uses derivative instruments, primarily forward contracts, interest rate swaps, total return swaps, treasury rate locks, forward starting swaps and, at times, option

contracts to hedge certain foreign currency, interest rate and, return on certain investment exposures. HP may designate its derivative contracts as fair value hedges or cash flow hedges and classifies the cash flows with the activities that correspond to the underlying hedged items. Additionally, for derivatives not designated as hedging instruments, HP categorizes those economic hedges as other derivatives. HP recognizes all derivative instruments at fair value in the Consolidated Condensed Balance Sheets.

As a result of its use of derivative instruments, HP is exposed to the risk that its counterparties will fail to meet their contractual obligations. Master netting agreements mitigate credit exposure to counterparties by permitting HP to net amounts due from HP to counterparty against amounts due to HP from the same counterparty under certain conditions. To further limit credit risk, HP has collateral security agreements that allow HP’s custodian to hold collateral from, or require HP to post collateral to, counterparties when aggregate derivative fair values exceed contractually established thresholds which are generally based on the credit ratings of HP and its counterparties. If HP’s or the counterparty’s credit rating falls below a specified credit rating, either party has the right to request full collateralization of the derivatives’ net liability position. The fair value of derivatives with credit contingent features in a net liability position was $95 million and $90 million as of July 31, 2021 and as of October 31, 2020, respectively, all of which were fully collateralized within two business days.

Under HP’s derivative contracts, the counterparty can terminate all outstanding trades following a covered change of control event affecting HP that results in the surviving entity being rated below a specified credit rating. This credit contingent provision did not affect HP’s financial position or cash flows as of July 31, 2021 and October 31, 2020.

Fair Value Hedges

HP enters into fair value hedges, such as interest rate swaps, to reduce the exposure of its debt portfolio to changes in fair value resulting from changes in benchmark interest rates on HP’s future interest rate payments.

For derivative instruments that are designated and qualify as fair value hedges, HP recognizes the change in fair value of the derivative instrument, as well as the offsetting change in the fair value of the hedged item, in Interest and other, net in the Consolidated Condensed Statements of Earnings in the period of change.

During the nine months ended July 31, 2021, HP entered into interest rate swaps with a notional amount of $375 million that were designated as fair value hedges, to convert a portion of its fixed-rate debt to floating. HP terminated interest rate swaps with a notional amount of $500 million that were de-designated as fair value hedges including $250 million notional amount related to certain fixed-rate debt securities that were extinguished, resulting in an immaterial loss.

Cash Flow Hedges

HP uses forward contracts, treasury rate locks, forward starting swaps and, at times, option contracts designated as cash flow hedges to protect against the foreign currency exchange and interest rate risks inherent in its forecasted net revenue, cost of revenue, operating expenses and debt issuance. HP’s foreign currency cash flow hedges mature predominantly within twelve months; however, hedges related to long-term procurement arrangements extend several years.

For derivative instruments that are designated and qualify as cash flow hedges, HP initially records changes in fair value of the derivative instrument in Accumulated other comprehensive loss as a separate component of stockholders’ deficit in the Consolidated Condensed Balance Sheets and subsequently reclassifies these amounts into earnings in the period during which the hedged transaction is recognized in earnings. HP reports the changes in the fair value of the derivative instrument in the same financial statement line item as changes in the fair value of the hedged item.

During the nine months ended July 31, 2021, HP entered into a series of forward starting swap agreements with notional amounts totaling $1.75 billion to hedge the exposure to variability in future cash flows resulting from changes in interest rates related to the anticipated issuance of long-term debt. These agreements were designated as cash flow hedges. In June 2021, a series of these forward starting swaps totaling $750 million notional amount were settled upon the issuance of the senior notes resulting in an immaterial loss recognized in Accumulated other comprehensive loss. The loss will be reclassified to Interest and other, net over the life of the related debt.

Other Derivatives

Other derivatives not designated as hedging instruments consist primarily of forward contracts used to hedge foreign currency-denominated balance sheet exposures. HP also uses total return swaps to hedge its executive deferred compensation plan liability.

For derivative instruments not designated as hedging instruments, HP recognizes changes in fair value of the derivative instrument, as well as the offsetting change in the fair value of the hedged item, in Interest and other, net in the Consolidated Condensed Statements of Earnings in the period of change.

Hedge Effectiveness

For interest rate swaps designated as fair value hedges, HP measures hedge effectiveness by offsetting the change in fair value of the hedged item with the change in fair value of the derivative. For foreign currency options, forward contracts and forward starting swaps designated as cash flow hedges, HP measures hedge effectiveness by comparing the cumulative change in fair value of the hedge contract with the cumulative change in fair value of the hedged item, both of which are based on forward rates.

During the three and nine months ended July 31, 2021 and 2020, no portion of the hedging instruments’ gain or loss was excluded from the assessment of effectiveness for fair value and cash flow hedges.

Fair Value of Derivative Instruments in the Consolidated Condensed Balance Sheets

Gross notional and fair value of derivative instruments in the Consolidated Condensed Balance Sheets were as follows:


	As of July 31, 2021										As of October 31, 2020
	Outstanding Gross Notional		Other Current Assets		Other Non-Current Assets		Other Current Liabilities		Other Non-Current Liabilities		Outstanding Gross Notional		Other Current Assets		Other Non-Current Assets		Other Current Liabilities		Other Non-Current Liabilities
	In millions
Derivatives designated as hedging instruments
Fair value hedges:
Interest rate contracts	$	750	$	—	$	2	$	—	$	6	$	875	$	4	$	—	$	—	$	3
Cash flow hedges:
Foreign currency contracts	16,531		142		32		135		47		15,661		148		30		199		37
Interest rate contracts	1,000		—		—		—		27		—		—		—		—		—
Total derivatives designated as hedging instruments	18,281		142		34		135		80		16,536		152		30		199		40
Derivatives not designated as hedging instruments
Foreign currency contracts	5,519		14		—		15		—		5,319		13		—		20		—
Other derivatives	155		1		—		1		—		142		—		—		3		—
Total derivatives not designated as hedging instruments	5,674		15		—		16		—		5,461		13		—		23		—
Total derivatives	$	23,955	$	157	$	34	$	151	$	80	$	21,997	$	165	$	30	$	222	$	40

Offsetting of Derivative Instruments

HP recognizes all derivative instruments on a gross basis in the Consolidated Condensed Balance Sheets. HP does not offset the fair value of its derivative instruments against the fair value of cash collateral posted under its collateral security agreements. As of July 31, 2021 and October 31, 2020, information related to the potential effect of HP’s master netting agreements and collateral security agreements was as follows:


	In the Consolidated Condensed Balance Sheets
							Gross Amounts Not Offset
	Gross Amount Recognized (i)		Gross Amount Offset (ii)		Net Amount Presented (iii) = (i)–(ii)		Derivatives (iv)		Financial Collateral (v)			Net Amount (vi) = (iii)–(iv)–(v)
	In millions
As of July 31, 2021
Derivative assets	$	191	$	—	$	191	$	133	$	34	(1)	$	24
Derivative liabilities	$	231	$	—	$	231	$	133	$	75	(2)	$	23
As of October 31, 2020
Derivative assets	$	195	$	—	$	195	$	156	$	4	(1)	$	35
Derivative liabilities	$	262	$	—	$	262	$	156	$	130	(2)	$	(24)

(1)Represents the cash collateral posted by counterparties as of the respective reporting date for HP’s asset position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.

(2)Represents the collateral posted by HP including any re-use of counterparty cash collateral as of the respective reporting date for HP’s liability position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.

Effect of Derivative Instruments in the Consolidated Condensed Statements of Earnings

The pre-tax effect of derivative instruments and related hedged items in a fair value hedging relationship were as follows:


Derivative Instrument	Hedged Item	Location	Year	Total amounts of income/(expense) line items in the statement of financial performance in which the effects of fair value hedges are recorded		Gain/(loss) recognized in earnings on derivative instruments		Gain/(loss) recognized in earnings on hedged item
				In millions
Three months ended July 31
Interest rate contract	Fixed-rate debt	Interest and other, net	2021	$	(55)	$	5	$	(5)
			2020	$	(28)	$	1	$	(1)
Nine months ended July 31
Interest rate contract	Fixed-rate debt	Interest and other, net	2021	$	(106)	$	(5)	$	5
			2020	$	(15)	$	11	$	(11)

The pre-tax effect of derivative instruments in cash flow hedging relationships included in Accumulated other comprehensive loss was as follows:


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Gain/(loss) recognized in Accumulated other comprehensive loss on derivatives:
Foreign currency contracts	$	167	$	(567)	$	(220)	$	(268)
Interest rate contracts	$	(34)	$	4	$	(34)	$	(4)

The pre-tax effect of derivative instruments in cash flow hedging relationships included in earnings were as follows:


	Total amounts of income/(expense) line items in the statement of financial performance in which the effects of cash flow hedges are recorded								Gain/(loss) reclassified from Accumulated other comprehensive loss into earnings
	Three months ended July 31				Nine months ended July 31				Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020		2021		2020		2021		2020
	In millions
Net revenue	$	15,289	$	14,294	$	46,812	$	41,381	$	(57)	$	136	$	(246)	$	259
Cost of revenue	(11,901)		(11,901)		(36,660)		(33,623)		(7)		(7)		(17)		(18)
Other operating expenses	(2,007)		(1,614)		(6,088)		(5,288)		—		1		1		1
Interest and other, net	(55)		(28)		(106)		(15)		—		—		—		—
Total	$	1,326	$	751	$	3,958	$	2,455	$	(64)	$	130	$	(262)	$	242

As of July 31, 2021, HP expects to reclassify an estimated accumulated other comprehensive loss of $40 million, net of taxes, to earnings within the next twelve months associated with cash flow hedges along with the earnings effects of the related forecasted transactions. The amounts ultimately reclassified into earnings could be different from the amounts previously included in Accumulated other comprehensive loss based on the change of market rate, and therefore could have different impact on earnings.

The pre-tax effect of derivative instruments not designated as hedging instruments recognized in Interest and other, net in the Consolidated Condensed Statements of Earnings for the three and nine months ended July 31, 2021 and 2020 was as follows:


	Gain/(loss) recognized in earnings on derivative instrument
		Three months ended July 31				Nine months ended July 31
	Location	2021		2020		2021		2020
		In millions
Foreign currency contracts	Interest and other, net	$	(33)	$	46	$	(42)	$	63
Other derivatives	Interest and other, net	(2)		11		4		16
Total		$	(35)	$	57	$	(38)	$	79

Borrowings

9 Months Ended

Jul. 31, 2021

Debt Disclosure [Abstract]

Borrowings

Notes Payable and Short-Term Borrowings


	As of July 31, 2021				As of October 31, 2020
	Amount Outstanding		Weighted-Average Interest Rate		Amount Outstanding		Weighted-Average Interest Rate
	In millions

Current portion of long-term debt	$	181	3.3	%	$	633	4.0	%
Notes payable to banks, lines of credit and other	33		1.6	%	41		1.6	%
	$	214			$	674

Long-Term Debt


	As of
	July 31, 2021		October 31, 2020
	In millions
U.S. Dollar Global Notes(1)
2009 Shelf Registration Statement:


$1,000 issued at discount to par at a price of 99.816% in September 2011 at 4.375%, due September 2021	$	—	$	412
$1,500 issued at discount to par at a price of 99.707% in December 2011 at 4.65%, due December 2021	—		586
$500 issued at discount to par at a price of 99.771% in March 2012 at 4.05%, due September 2022	499		499
$1,200 issued at discount to par at a price of 99.863% in September 2011 at 6.00%, due September 2041	1,199		1,199
2019 Shelf Registration Statement:
$1,150 issued at discount to par at a price of 99.769% in June 2020 at 2.2%, due June 2025	1,148		1,148
$1,000 issued at discount to par at a price of 99.718% in June 2020 at 3.0%, due June 2027	997		997
$850 issued at discount to par at a price of 99.790% in June 2020 at 3.4%, due June 2030	848		848
$1,000 issued at discount to par at a price of 99.808% in June 2021 at 1.45%, due June 2026	999		—
$1,000 issued at discount to par at a price of 99.573% in June 2021 at 2.65%, due June 2031	996		—
	6,686		5,689
Other borrowings at 0.51-9.00%, due in calendar years 2021-2028	451		522
Fair value adjustment related to hedged debt	(2)		2
Unamortized debt issuance cost	(56)		(37)
Current portion of long-term debt	(181)		(633)
Total long-term debt	$	6,898	$	5,543

(1)HP may redeem some or all of the fixed-rate U.S. Dollar Global Notes at any time in accordance with the terms thereof. The U.S. Dollar Global Notes are senior unsecured debt.

In June 2021, HP completed its offering of $2.0 billion aggregate principal amount of senior unsecured notes, consisting of $1.0 billion of 1.450% notes due June 2026 (the “2026 Notes”), and $1.0 billion of 2.650% notes due June 2031 (the “2031 Notes”). HP incurred issuance costs of $17 million. HP will pay interest semi-annually on the notes on June 17 and December 17, beginning December 17, 2021. In June 2021, HP terminated a series of forward starting swap agreements with notional amounts totaling $750 million that were executed to mitigate the treasury rate volatility associated with this debt issuance. The net proceeds from the 2026 Notes were used for general corporate purposes, including redemption of existing notes maturing in 2021, as described below. HP intends to allocate an amount equal to the net proceeds of the 2031 Notes to finance or refinance, in whole or in part, environmentally and socially responsible eligible projects in the following eight areas: renewable energy; green buildings; energy efficiency; clean transportation; pollution prevention and control; eco-efficient and/or circular economy products, production technologies and processes; environmentally sustainable management of living natural resources and land use; and socioeconomic advancement and empowerment.

As disclosed in Note 8, “Financial Instruments”, HP uses interest rate swaps to mitigate some of the exposure of its debt portfolio to changes in fair value resulting from changes in benchmark interest rates. Interest rates shown in the table of long-term debt have not been adjusted to reflect the impact of any interest rate swaps.

Extinguishment of debt

In July 2021, HP redeemed the remaining aggregate principal amounts of $0.4 billion in outstanding U.S. Dollar 4.375% Global Notes due September 15, 2021 and $0.6 billion in outstanding U.S. Dollar 4.650% Global Notes due December 9, 2021. This extinguishment of debt resulted in a net loss of $16 million, which was recorded as Interest and other, net on the Consolidated Condensed Statements of Earnings.

As part of the above transactions, HP terminated and settled interest rate swaps with a notional amount of $250 million that were de-designated as fair value hedges.

Commercial Paper

As of July 31, 2021, HP maintained two commercial paper programs. HP’s U.S. program provides for the issuance of U.S. dollar-denominated commercial paper up to a maximum aggregate principal amount of $6.0 billion. HP’s euro commercial paper program provides for the issuance of commercial paper outside of the United States denominated in U.S. dollars, euros or British pounds up to a maximum aggregate principal amount of $6.0 billion or the equivalent in those alternative currencies. The combined aggregate principal amount of commercial paper outstanding under those programs at any one time cannot exceed the $6.0 billion authorized by HP’s Board of Directors.

Credit Facilities

As of July 31, 2021, HP maintained a $5.0 billion sustainability-linked senior unsecured committed revolving credit facility (the “New Revolving Facility”), which HP entered into on May 26, 2021. Commitments under the New Revolving Facility will be available until May 26, 2026. HP had maintained a $4.0 billion senior unsecured committed revolving credit facility and a $1.0 billion 364-day revolving credit facility to support the issuance of commercial paper or for general corporate purposes. Commitments under the $4.0 billion and $1.0 billion revolving credit facilities were terminated concurrently with the execution of the New Revolving Facility.

Commitment fees, interest rates and other terms of borrowing under the New Revolving Facility vary based on HP’s external credit ratings and certain sustainability metrics. Funds borrowed under the New Revolving Facility may be used for general corporate purposes.

As of July 31, 2021, HP was in compliance with the financial covenants in the credit agreement governing the New Revolving Facility.

Available Borrowing Resources

As of July 31, 2021, HP had available borrowing resources of $575 million from uncommitted lines of credit in addition to the New Revolving Facility.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1E
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

+ Details

Stockholders' Deficit

9 Months Ended

Jul. 31, 2021

Stockholders' Equity Note [Abstract]

Stockholders' Deficit

Stockholders’ Deficit

Share Repurchase Program

HP’s share repurchase program authorizes both open market and private repurchase transactions. During the three and nine months ended July 31, 2021, HP executed share repurchases of 50 million shares and 163 million shares and settled total shares for $1.5 billion and $4.5 billion, respectively. During the three and nine months ended July 31, 2020, HP executed share repurchases of 59 million shares and 97 million shares and settled total shares for $1.0 billion and $1.8 billion, respectively. Share repurchases executed during the three and nine months ended July 31, 2021 and 2020 included 1.8 million and 2.8 million shares settled in August 2021 and 2020, respectively.

The shares repurchased during the nine months ended July 31, 2021 and 2020 were all open market repurchase transactions. As of July 31, 2021, HP had approximately $8.2 billion remaining under the share repurchase authorizations approved by HP’s Board of Directors.

Tax effects related to Other Comprehensive Income (Loss)


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Tax effect on change in unrealized components of available-for-sale debt securities:
Tax provision on unrealized gains arising during the period	$	—	$	—	$	(1)	$	—

Tax effect on change in unrealized components of cash flow hedges:
Tax (provision) benefit on unrealized gains (losses) arising during the period	(22)		83		18		34
Tax (benefit) provision on losses (gains) reclassified into earnings	(4)		25		(25)		51
	(26)		108		(7)		85
Tax effect on change in unrealized components of defined benefit plans:
Tax benefit (provision) on (losses) gains arising during the period	—		1		(11)		1
Tax benefit on amortization of actuarial loss and prior service benefit	(4)		(5)		(14)		(15)

	(4)		(4)		(25)		(14)

Tax effect on change in cumulative translation adjustment	(2)		—		(8)		—
Tax (provision) benefit on other comprehensive income (loss)	$	(32)	$	104	$	(41)	$	71

Changes and reclassifications related to Other Comprehensive Income (Loss), net of taxes


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Other comprehensive income (loss), net of taxes:
Change in unrealized components of available-for-sale debt securities:
Unrealized gains arising during the period	$	1	$	2	$	4	$	1


Change in unrealized components of cash flow hedges:
Unrealized gains (losses) arising during the period	111		(480)		(236)		(238)
Losses (gains) reclassified into earnings	60		(105)		237		(191)
	171		(585)		1		(429)
Change in unrealized components of defined benefit plans:
(Losses) gains arising during the period	(1)		(4)		29		(5)
Amortization of actuarial loss and prior service benefit(1)	16		15		48		46
Curtailments, settlements and other	—		2		1		3
	15		13		78		44

Change in cumulative translation adjustment	—		15		27		4
Other comprehensive income (loss), net of taxes	$	187	$	(555)	$	110	$	(380)

(1)These components are included in the computation of net pension and post-retirement benefit (credit) charges in Note 4, “Retirement and Post-Retirement Benefit Plans”.

The components of Accumulated other comprehensive loss, net of taxes and changes were as follows:


	Nine months ended July 31, 2021
	Net unrealized gains on available-for-sale debt securities		Net unrealized (losses) gains on cash flow hedges		Unrealized components of defined benefit plans		Change in cumulative translation adjustment		Accumulated other comprehensive loss
	In millions
Balance at beginning of period	$	11	$	(66)	$	(1,190)	$	2	$	(1,243)
Other comprehensive income (loss) before reclassifications	4		(236)		29		27		(176)
Reclassifications of losses into earnings	—		237		48		—		285
Reclassifications of settlements into earnings	—		—		1		—		1
Balance at end of period	$	15	$	(65)	$	(1,112)	$	29	$	(1,133)

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (g)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI http://asc.fasb.org/topic&trid=2208762

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 16
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496180-112644

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Net Earnings Per Share

9 Months Ended

Jul. 31, 2021

Earnings Per Share [Abstract]

Net Earnings Per Share

HP calculates basic net EPS using net earnings and the weighted-average number of shares outstanding during the reporting period. Diluted net EPS includes any dilutive effect of restricted stock units, stock options, performance-based awards and shares purchased under the 2021 employee stock purchase plan.

A reconciliation of the number of shares used for basic and diluted net EPS calculations is as follows:


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions, except per share amounts
Numerator:
Net earnings	$	1,108	$	734	$	3,404	$	2,176
Denominator:
Weighted-average shares used to compute basic net EPS	1,185		1,417		1,235		1,435
Dilutive effect of employee stock plans	14		6		12		6
Weighted-average shares used to compute diluted net EPS	1,199		1,423		1,247		1,441
Net earnings per share:
Basic	$	0.94	$	0.52	$	2.76	$	1.52
Diluted	$	0.92	$	0.52	$	2.73	$	1.51
Anti-dilutive weighted-average stock-based compensation awards(1)	—		15		2		13

(1)HP excludes from the calculation of diluted net EPS stock options and restricted stock units where the assumed proceeds exceed the average market price, because their effect would be anti-dilutive. The assumed proceeds of a stock option include the sum of its exercise price, and average unrecognized compensation cost. The assumed proceeds of a restricted stock unit represent unrecognized compensation cost.

Litigation and Contingencies	9 Months Ended
Litigation and Contingencies	Jul. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Litigation and Contingencies	Litigation and Contingencies HP is involved in lawsuits, claims, investigations and proceedings, including those identified below, consisting of IP, commercial, securities, employment, employee benefits and environmental matters that arise in the ordinary course of business. HP accrues a liability when management believes that it is both probable that a liability has been incurred and the amount of loss can be reasonably estimated. HP believes it has recorded adequate provisions for any such matters and, as of July 31, 2021, it was not reasonably possible that a material loss had been incurred in excess of the amounts recognized in HP’s financial statements. HP reviews these matters at least quarterly and adjusts its accruals to reflect the impact of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular case. Pursuant to the separation and distribution agreement, HP shares responsibility with Hewlett Packard Enterprise for certain matters, as indicated below, and Hewlett Packard Enterprise has agreed to indemnify HP in whole or in part with respect to certain matters. Based on its experience, HP believes that any damage amounts claimed in the specific matters discussed below are not a meaningful indicator of HP’s potential liability. Litigation is inherently unpredictable. However, HP believes it has valid defenses with respect to legal matters pending against it. Nevertheless, cash flows or results of operations could be materially affected in any particular period by the resolution of one or more of these contingencies. Litigation, Proceedings and Investigations Copyright Levies. Proceedings are ongoing or have been concluded involving HP in certain European countries, including litigation in Belgium and other countries, seeking to impose or modify levies upon IT equipment (such as multifunction devices (“MFDs”) and PCs), alleging that these devices enable the production of private copies of copyrighted materials. The levies are generally based upon the number of products sold and the per-product amounts of the levies, which vary. Some European countries that do not yet have levies on digital devices are expected to implement similar legislation to enable them to extend existing levy schemes, while other European countries have phased out levies or are expected to limit the scope of levy schemes and applicability in the digital hardware environment, particularly with respect to sales to business users. HP, other companies and various industry associations have opposed the extension of levies to the digital environment and have advocated alternative models of compensation to rights holders. Reprobel SCRL (“Reprobel”), a collecting society administering the remuneration for reprography to Belgian copyright holders, requested by extrajudicial means that HP amend certain copyright levy declarations submitted for inkjet MFDs sold in Belgium from January 2005 to December 2009 to enable it to collect copyright levies calculated based on the generally higher copying speed when the MFDs are operated in draft print mode rather than when operated in normal print mode. In March 2010, HP filed a lawsuit against Reprobel in the Brussels Court of First Instance in Belgium, seeking a declaratory judgment that no copyright levies are payable on sales of MFDs in Belgium or, alternatively, that payments already made by HP are sufficient to comply with its obligations. The Brussels Court of Appeal (the “Court of Appeal”) stayed the proceedings and referred several questions to the Court of Justice of the European Union (“CJEU”). On November 12, 2015, the CJEU published its judgment providing that a national legislation such as the Belgian one at issue in the main proceedings is incompatible with EU law on multiple legal points, as argued by HP, and returned the proceedings to the referring court. On May 12, 2017, the Court of Appeal held that (1) reprographic copyright levies are due notwithstanding the lack of conformity of the Belgian system with EU law in certain aspects and (2) the applicable levies are to be calculated based on the objective speed of each MFD as established by an expert appointed by the Court of Appeal. HP appealed this decision before the Belgian Supreme Court on January 18, 2018. The Belgian Supreme Court rejected HP’s appeal on September 24, 2020 and the matter has been remitted to the Court of Appeal, where the expert will give an opinion on the objective speed and amount of compensation due. Under a settlement agreement executed on June 16, 2021 HP and Reprobel have resolved all ongoing disputes in relation to the Belgian copyright exceptions system that was applicable until December 2016, when the relevant provisions of the copyright law were abolished. Hewlett-Packard Company v. Oracle Corporation. On June 15, 2011, HP filed suit against Oracle Corporation (“Oracle”) in California Superior Court in Santa Clara County in connection with Oracle’s March 2011 announcement that it was discontinuing software support for HP’s Itanium-based line of mission-critical servers. HP asserted, among other things, that Oracle’s actions breached the contract that was signed by the parties as part of the settlement of the litigation relating to Oracle’s hiring of Mark Hurd. The matter eventually progressed to trial, which was bifurcated into two phases. HP prevailed in the first phase of the trial, in which the court ruled that the contract at issue required Oracle to continue to offer its software products on HP’s Itanium-based servers for as long as HP decided to sell such servers. The second phase of the trial was then postponed by Oracle’s appeal of the trial court’s denial of Oracle’s “anti-SLAPP” motion, in which Oracle argued that HP’s damages claim infringed on Oracle’s First Amendment rights. On August 27, 2015, the California Court of Appeals rejected Oracle’s appeal. The matter was remanded to the trial court for the second phase of the trial, which began on May 23, 2016 and was submitted to the jury on June 29, 2016. On June 30, 2016, the jury returned a verdict in favor of HP, awarding HP approximately $3.0 billion in damages, which included approximately $1.7 billion for past lost profits and $1.3 billion for future lost profits. On October 20, 2016, the court entered judgment for HP for this amount with interest accruing until the judgment is paid. Oracle’s motion for new trial was denied on December 19, 2016, and Oracle filed its notice of appeal from the trial court’s judgment on January 17, 2017. On February 2, 2017, HP filed a notice of cross-appeal challenging the trial court’s denial of prejudgment interest. Oral argument in front of the Court of Appeals was held on May 27, 2021. On June 14, 2021, the Court of Appeals affirmed both the trial court’s judgment and its denial of prejudgment interest to HP. On July 26, 2021, Oracle filed a petition with the California Supreme Court for review, which HP answered on August 16, 2021. Litigation is unpredictable, and there can be no assurance that HP will recover damages, or that any award of damages will be for the amount awarded by the jury’s verdict. The amount ultimately awarded, if any, would be recorded in the period received. No adjustment has been recorded in the financial statements in relation to this potential award. Pursuant to the terms of the separation and distribution agreement, HP and Hewlett Packard Enterprise will share equally in any recovery from Oracle once Hewlett Packard Enterprise has been reimbursed for all costs incurred in the prosecution of the action prior to the Separation. Forsyth, et al. v. HP Inc. and Hewlett Packard Enterprise. This is a purported class and collective action filed on August 18, 2016 in the United States District Court, Northern District of California, against HP and Hewlett Packard Enterprise alleging the defendants violated the Federal Age Discrimination in Employment Act (“ADEA”), the California Fair Employment and Housing Act, California public policy and the California Business and Professions Code by terminating older workers and replacing them with younger workers. The operative complaint is the Fourth Amended Complaint, filed in July 2020. By their complaint, plaintiffs seek to represent (1) a putative nationwide ADEA collective comprised of all individuals 40 years of age and older who had their employment terminated pursuant to a WFR plan on or after December 9, 2014 or April 8, 2015, depending on state law; and (2) a putative Rule 23 class under California law comprised of all individuals 40 years of age and older who had their employment terminated in California pursuant to a WFR plan on or after August 18, 2012. Excluded from the putative collective and class are employees who (a) signed a Waiver and General Release Agreement at termination, or (b) signed an Agreement to Arbitrate Claims. A similar purported collective and class are proposed for Hewlett Packard Enterprise, but the periods start on November 1, 2015. Plaintiffs seek monetary damages in the form of back and front pay and benefits, liquidated damages under the ADEA, punitive damages under the state law claims, an award of attorneys’ fees, and other relief. In December 2020, plaintiffs filed a motion for preliminary certification of the putative nationwide ADEA collectives, and the Court granted this motion on April 13, 2021. As a result, potential members of the ADEA collectives will be notified of their right to opt into the case to join the current thirty-six named and opt-in plaintiffs. India Directorate of Revenue Intelligence Proceedings. On April 30 and May 10, 2010, the India Directorate of Revenue Intelligence (the “DRI”) issued show cause notices to Hewlett-Packard India Sales Private Limited (“HP India”), a subsidiary of HP, seven HP India employees and one former HP India employee alleging that HP India underpaid customs duties while importing products and spare parts into India and seeking to recover an aggregate of approximately $370 million, plus penalties. Prior to the issuance of the show cause notices, HP India deposited approximately $16 million with the DRI and agreed to post a provisional bond in exchange for the DRI’s agreement to not seize HP India products and spare parts and to not interrupt the transaction of business by HP India. On April 11, 2012, the Bangalore Commissioner of Customs issued an order on the products-related show cause notice affirming certain duties and penalties against HP India and the named individuals of approximately $386 million, of which HP India had already deposited $9 million. On December 11, 2012, HP India voluntarily deposited an additional $10 million in connection with the products-related show cause notice. The differential duty demand is subject to interest. On April 20, 2012, the Commissioner issued an order on the parts-related show cause notice affirming certain duties and penalties against HP India and certain of the named individuals of approximately $17 million, of which HP India had already deposited $7 million. After the order, HP India deposited an additional $3 million in connection with the parts-related show cause notice so as to avoid certain penalties. HP India filed appeals of the Commissioner’s orders before the Customs, Excise and Service Tax Appellate Tribunal (the “Customs Tribunal”) along with applications for waiver of the pre-deposit of remaining demand amounts as a condition for hearing the appeals. The Customs Department has also filed cross-appeals before the Customs Tribunal. On January 24, 2013, the Customs Tribunal ordered HP India to deposit an additional $24 million against the products order, which HP India deposited in March 2013. The Customs Tribunal did not order any additional deposit to be made under the parts order. In December 2013, HP India filed applications before the Customs Tribunal seeking early hearing of the appeals as well as an extension of the stay of deposit as to HP India and the individuals already granted until final disposition of the appeals. On February 7, 2014, the application for extension of the stay of deposit was granted by the Customs Tribunal until disposal of the appeals. On October 27, 2014, the Customs Tribunal commenced hearings on the cross-appeals of the Commissioner’s orders. The Customs Tribunal rejected HP India’s request to remand the matter to the Commissioner on procedural grounds. The hearings scheduled to reconvene on April 6, 2015 and again on November 3, 2015 and April 11, 2016 were cancelled at the request of the Customs Tribunal. A hearing scheduled for January 15, 2019 was cancelled. On January 20, 2021, the Customs Tribunal held a virtual hearing during which the judge allowed HP’s application for a physical hearing on the merits as soon as practicable, which will be scheduled when physical hearings resume at court. Pursuant to the separation and distribution agreement, Hewlett Packard Enterprise has agreed to indemnify HP in part, based on the extent to which any liability arises from the products and spare parts of Hewlett Packard Enterprise’s businesses. Slingshot Printing LLC Litigation. On June 11, 2019, Slingshot Printing LLC (“Slingshot”) filed three complaints in U.S. District Court in the Western District of Texas alleging HP infringes or has infringed sixteen patents. On September 20, 2019, Slingshot filed a fourth complaint and amended the three earlier complaints, alleging that HP infringes or has infringed thirty-two patents. On December 12, 2019, Slingshot voluntarily dismissed its allegations as to one patent because it did not own a related patent. On January 23, 2020, Slingshot filed a fifth complaint, re-asserting the dismissed patent as well as the related patent. On February 13, 2020, Slingshot voluntarily dismissed its allegations as to another patent, which was asserted in its third complaint. On March 25, 2020, Slingshot voluntarily dismissed its allegations as to an additional patent, which was also asserted in its third complaint. The five complaints assert a total of 31 patents and seek monetary damages. The accused products include inkjet printers, cartridges, and printheads. In December 2020, HP received notice that in September 2020, Slingshot filed two actions in China’s Guangzhou IP Specialized Court that had been removed to Guangdong High Court. The Guangzhou cases assert two patents related to patents in the U.S. litigation. On January 14, 2021, the U.S. Patent and Trademark Office Patent Trial and Appeal Board granted HP’s petitions to challenge the validity of four Slingshot patents and instituted inter partes review. On January 31, 2021, HP and Slingshot entered into an agreement to resolve all litigation. The U.S. civil actions and Guangzhou cases have been dismissed and HP’s petitions have been terminated. Philips Patent Litigation. On September 17, 2020, Koninklijke Philips N.V. and Philips North America LLC (collectively, “Philips”) filed a complaint against HP for patent infringement in federal court for the District of Delaware. On September 18, 2020, Philips filed a companion complaint with the U.S. International Trade Commission (“ITC”) pursuant to Section 337 of the Tariff Act of 1930 against HP and 8 other sets of respondents. Both the district court complaint and the ITC complaint allege that certain digital video-capable devices and components thereof infringe four of Philips owned patents. On October 16, 2020, the ITC instituted an investigation, and on July 19, 2021, the ITC held an evidentiary trial that concluded on July 23, 2021. The ITC is expected to render an initial determination by October 22, 2021, and a final decision by February 22, 2022. In the ITC proceeding, Philips seeks an order enjoining respondents from importing, or selling after importation, certain digital video-capable devices and components thereof, including certain PCs, display devices, and components thereof. In the district court case, Philips seeks unspecified damages and an injunction against HP, among other remedies. The district court case has been stayed pending resolution of the ITC proceeding. Caltech Patent Litigation. On November 11, 2020, the California Institute of Technology (“Caltech”) filed a complaint against HP for patent infringement in the federal court for the Western District of Texas. On March 19, 2021, Caltech filed an amendment to this same complaint. The complaint as amended alleges infringement of five of Caltech’s patents, U.S. Patent Nos. 7,116,710; 7,421,032; 7,716,552; 7,916,781; and 8,284,833. The accused products are HP commercial and consumer PCs as well as wireless printers that comply with the IEEE 802.11n, 802.11ac, and/or 802.11ax standards. Caltech seeks unspecified damages and other relief. The court has stayed the case pending the decision by the U.S. Court of Appeals for the Federal Circuit in The California Inst. of Tech. v. Broadcom Ltd et al., Case No. 2020-2222. In re HP Inc. Securities Litigation (Electrical Workers Pension Fund, Local 103, I.B.E.W. v. HP Inc., et al.). On February 19, 2020, Electrical Workers Pension Fund, Local 103, I.B.E.W. filed a putative class action complaint against HP, Dion Weisler, Catherine Lesjak, and Steven Fieler in U.S. District Court in the Northern District of California. On May 20, 2020, the court appointed the State of Rhode Island, Office of the General Treasurer, on behalf of the Employees’ Retirement System of Rhode Island and Iron Workers Local 580 Joint Funds as Lead Plaintiffs. On July 20, 2020, Lead Plaintiffs filed an amended complaint, which additionally named as defendants Enrique Lores and Christoph Schell. On October 2, 2020, HP and the named officers filed a motion to dismiss the complaint for failure to state a claim upon which relief can be granted. On March 19, 2021, the court granted HP’s motion to dismiss and granted plaintiffs leave to amend the complaint. On May 3, 2021, plaintiffs filed their second amended complaint, which no longer names Christoph Schell as a defendant. The second amended complaint alleges, among other things, that from February 23, 2017 to October 3, 2019, HP and the named officers violated Sections 10(b) and 20(a) of the Exchange Act by making false or misleading statements about HP’s printing supplies business, including alleged statements made about changes to HP’s channel inventory management and sales practices, and stabilization of printing supplies revenue. It further alleges that Dion Weisler and Enrique Lores violated Sections 10(b) and 20A of the Exchange Act by allegedly selling shares of HP common stock during this period while in possession of material, non-public adverse information about HP’s printing supplies business. Plaintiffs seek compensatory damages and other relief. On June 4, 2021, HP and the named officers filed a motion to dismiss the second amended complaint for failure to state a claim upon which relief can be granted. The motion is fully briefed and oral argument in front of the court is scheduled for September 9, 2021. York County on behalf of the County of York Retirement Fund v. HP Inc., et al., and related proceedings. On November 5, 2020, York County, on behalf of the County of York Retirement Fund, filed a putative class action complaint against HP, Dion Weisler, and Catherine Lesjak in federal court in the Northern District of California. On February 11, 2021, the court appointed Maryland Electrical Industry Pension Fund as Lead Plaintiff. On April 21, 2021, Lead Plaintiff filed a consolidated complaint, which additionally names as defendants Enrique Lores and Richard Bailey. The complaint alleges, among other things, that from November 5, 2015 to June 21, 2016, HP and the named current and former officers violated Sections 10(b) and 20(a) of the Exchange Act by concealing material information and making false statements about HP’s printing supplies business, including information about HP’s channel inventory management and sales practices. Plaintiff seeks compensatory damages and other relief. On June 21, 2021, HP and the named officers filed a motion to dismiss the complaint for failure to state a claim upon which relief can be granted. That motion is anticipated to be fully briefed on October 4, 2021. On May 17, 2021, stockholder Scott Franklin filed a derivative complaint against certain current and former officers and directors in federal court in the District of Delaware. Plaintiff purports to bring the action on behalf of HP, which he has named as a nominal defendant, and it makes substantially the same factual allegations as in the York County securities complaint, bringing claims for breach of fiduciary duty and violations of securities laws. The derivative plaintiff seeks compensatory damages, governance reforms, and other relief. By court order following stipulations by the parties, the case was transferred to the Northern District of California on June 22, 2021, and on July 1, 2021, the case was stayed pending a ruling on the motion to dismiss in York County. Legal Proceedings re Authentication of Supplies. Civil litigation or government investigations are pending in the United States, Italy, Israel, and the Netherlands involving supplies authentication protocols used in certain HP printers. These protocols are often referred to as Dynamic Security. The core allegations in these proceedings claim misleading or inadequate consumer notifications and permissions pertaining to the use of Dynamic Security, the impact of firmware updates, or the potential inability of cartridges with clone chips or circuitry to work in HP printers with Dynamic Security. 123Inkt Foundation litigation (Netherlands). On November 23, 2016, a foundation known as Stichting 123Inkt-Huismerk Klanten (the “Foundation”) filed a complaint in district court in Amsterdam against HP Nederland B.V. and HP Inc. arising out of the use of Dynamic Security in certain OfficeJet printers. Digital Revolution B.V. (a.k.a. 123Inkt) established the Foundation to pursue the interests of approximately 960 of its customers who transferred their claims to it. The complaint alleges: (1) violation of right of ownership; (2) destruction and damage to property; (3) computer vandalism; (4) unlawful act; (5) non-compliance; (6) unfair commercial practices; (7) misleading commercial practices; and (8) misleading advertising. The complaint seeks injunctive relief to prohibit use of Dynamic Security, damages, and attorneys’ fees. On December 27, 2017, the District Court dismissed the case and awarded fees to HP. On January 25, 2018, the Foundation filed a summons with the Amsterdam Court of Appeal to appeal. On December 17, 2019, the Court of Appeal set aside the judgment of the District Court, adopted a new decision declaring that HP provided inadequate and partially incorrect information to the Foundation members around September 13, 2016, awarded damages to them in an amount to be later determined, but denied all other claims, including injunctive relief, holding that the use of Dynamic Security is not inherently impermissible and the Foundation lacks legal interest to pursue such action. On March 19, 2020, the Foundation filed a cassation writ of summons with the Supreme Court of the Netherlands (Hoge Raad der Nederlanden) appealing the decision of the Court of Appeal. On May 29, 2020, HP filed its statement of defense and incidental appeal in cassation with the Supreme Court appealing the decision of the Court of Appeal. The Attorney General issued a non-binding opinion on July 9, 2021 concluding that both parties’ appeals should be rejected. The Supreme Court has scheduled its final decision to be delivered on January 7, 2022. Gensin v. HP Inc. (Israel). On October 25, 2017, a purported consumer class action, captioned Gensin v. HP Inc., was filed in the District Court in Jerusalem against HP arising out of the use of Dynamic Security in certain OfficeJet printers. The petition and motion for certification as a class action alleges: (1) tortious wrongdoing in violation of the Computers Law, 5755-1995; (2) breach of Contracts Law, 5731-1970; (3) breach of the Consumer Protection Law, 5741-1981; (4) negligence; and (5) improper enrichment. The named petitioner initially sought to represent nationwide classes comprised of anyone who “owns an HP printer that has been blocked, disrupted, or interfered with by HP in the use of ink cartridges not manufactured by HP” or who “purchased ink cartridges not manufactured by HP for use in the blocked printers.” Plaintiff seeks class relief, injunctive relief, damages, and attorneys’ fees. On November 16, 2017, a second purported consumer class action was filed against HP in the Central District Court, captioned Dror v. HP, Inc., also arising out of the use of Dynamic Security in certain OfficeJet printers. The petition and motion allege similar causes of action on behalf of similar nationwide classes. After the Dror case was consolidated with the Gensin case in Jerusalem, the District Court on June 24, 2018 dismissed the Dror case and designated Gensin as the lead matter. On March 9, 2020, the petitioner moved to modify the proposed nationwide class to be comprised of “[a]ll persons who have an HP printer and whose printer was blocked or rendered unusable by HP with any ink cartridge that is not made by HP” and “[a]ll persons who purchased ink cartridges that are not made by HP, for use in the Blocked Printers.” On July 2, 2020, HP filed its response to the amended petition. Parziale v. HP Inc. (United States). On August 27, 2019, a purported consumer class action was filed against HP in federal court in the Northern District of California arising out of the use of Dynamic Security in certain OfficeJet printers. The complaint alleges two causes of action under Florida Consumer Protection statutes: (1) violation of the Florida Deceptive and Unfair Trade Practices Act, F.S.A. §§ 501.201 et seq., and (2) violation of the Florida Misleading Advertisement Law, F.S.A. §§ 817.41 et seq. The named plaintiff seeks to represent a nationwide class of “[a]ll United States Citizens who, between the applicable statute of limitations and the present, had an HP Printer that was modified to reject third party ink cartridges or refilled HP ink cartridges.” On November 13, 2019, plaintiff filed an amended complaint, adding three causes of action to the case: (1) violation of the Computer Fraud and Abuse Act, 18 U.S.C. § 1030 et seq., (2) trespass to chattels, and (3) tortious interference with business relations. Plaintiff seeks class relief, injunctive relief, damages, including punitive damages, and attorneys’ fees. On December 30, 2019, HP moved to dismiss plaintiff’s amended complaint. On April 24, 2020, the Court granted in part and denied in part HP’s motion to dismiss. The Court dismissed plaintiff’s causes of action under the Florida Consumer Protection statutes, as well as the tortious interference with business relations claim and four of the five claims under the Computer Fraud and Abuse Act. The Court denied HP’s motion to dismiss on the remaining claims and on the request for injunctive relief and granted plaintiff leave to file an amended complaint. On June 5, 2020, plaintiff filed a second amended complaint on behalf of both a nationwide class and a Florida subclass alleging violation of the Florida Deceptive and Unfair Trade Practices Act, violation of the Computer Fraud and Abuse Act, and trespass to chattels. Plaintiff sought class relief, injunctive relief, damages, including punitive damages, and attorneys’ fees. On September 29, 2020, the Court granted HP’s motion to dismiss, dismissing the case in full with prejudice. The plaintiff appealed and the parties subsequently reached a settlement. On August 2, 2021, the plaintiff dismissed the appeal with prejudice. Consumer Protection Investigation (Italy). On September 26, 2019, the Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato) (“AGCM”) served a Notice of Initiation of Proceedings on HP concerning the investigation of alleged aggressive practices involving undue influence on consumers and alleged misleading actions and omissions regarding the restriction or prevention of the use of third-party ink cartridges in HP printers, accompanied by a request for information. HP submitted its reply to the AGCM’s request for information on November 15, 2019 and has addressed subsequent requests for information. On May 22, 2020, the AGCM gave notice that it intended to expand its investigation into certain alleged warranty practices regarding the use of third-party cartridges. On June 26, 2020, HP submitted its response to the warranty allegations. On December 7, 2020, the AGCM notified HP of the AGCM’s final decision finding that HP engaged in two unfair commercial practices as follows: (a) the information HP provided to consumers about limitations on the use of certain third-party cartridges in HP printers was allegedly misleading pursuant to Articles 20, 21 and 22 of the Italian Consumer Code, and (b) the alleged use of data to deny warranty coverage and certain alleged data collection practices were aggressive pursuant to Articles 20, 24 and 25 of the Italian Consumer Code. The final decision (i) orders HP to end the allegedly unfair commercial practices; (ii) fines HP €5 million for each alleged unfair practice (total €10 million); (iii) requires HP to file a compliance report within 60 days; (iv) orders HP to publicly publish a corrective statement within 120 days; and (v) orders HP to amend the packaging of its printers within 120 days. On December 21, 2020, HP paid the imposed fines. On February 5, 2021, HP filed an appeal. On April 6, 2021, HP filed its compliance report, which it subsequently supplemented, and, on June 23, 2021 the AGCM communicated that it was satisfied with the measures that HP submitted. Digital Revolution B.V. v. HP Nederland B.V., et al. (Netherlands). On March 30, 2020, Digital Revolution B.V. (a.k.a. 123Inkt) served a complaint filed in Amsterdam District Court arising out of the use of Dynamic Security in certain HP printers. The complaint alleges several causes of action: (1) abuse of dominant position; (2) misleading advertising; (3) unfair and misleading commercial practice; and (4) misleading comparative advertising. The complaint seeks injunctive relief, including prohibition of Dynamic Security and disclosure of cartridge authentication protocols, damages, and attorneys’ fees. The parties’ initial appearance in front of the Court took place on July 8, 2020. On September 9, 2020, HP filed its defense and a counterclaim for unfair commercial practices and misleading and unlawful comparative advertising against Digital Revolution B.V. An oral hearing is scheduled for September 13, 2021. Mobile Emergency Housing Corp., et al. v. HP, Inc. (United States). On December 17, 2020, a putative consumer class action was filed against HP in federal court in the Northern District of California arising out of the use of Dynamic Security firmware updates. The complaint alleges seven claims under federal and California law: (1) violation of the federal Computer Fraud and Abuse Act (“CFAA”) for allegedly causing “damage without authorization” to the plaintiffs’ printers; (2) violation of the California Comprehensive Computer Data Access and Fraud Act (“CDAFA”); (3) violation of the California False Advertising Law (“FAL”); (4) violation of the “fraudulent” prong of the California Unfair Competition Law (“UCL”); (5) violation of the “unfair” prong of the UCL; (6) violation of the “unlawful” prong of the UCL; and (7) trespass to chattels. Plaintiffs seek to represent a nationwide injunctive-relief class of “all persons in the United States who own a Class Printer” and a monetary relief subclass of those who experienced an error message due to third-party cartridge incompatibility resulting from a firmware update, defining “Class Printers” to include the “HP Color LaserJet Pro M254, HP Color LaserJet Pro MFP M280, HP Color LaserJet Pro MFP M281, and all other models affected” by the firmware updates described in the complaint. On February 10, 2021, HP filed a motion to dismiss the complaint, and in response, on March 2, 2021, plaintiffs amended their complaint. The amended complaint added an additional named plaintiff, a California state consumer subclass, and a California Consumers Legal Remedies Act claim seeking injunctive relief on behalf of the new plaintiff and the state consumer subclass. Plaintiffs subsequently filed Second and Third Amended Complaints respectively on March 19 and April 8, 2021. The Third Amended Complaint adds allegations pertaining to data collection—specifically, that HP allegedly collected data on the type of third-party cartridges that Plaintiffs used on their printers without their knowledge, in violation of the FAL and UCL and in a manner giving rise to a trespass of chattels. The Third Amended Complaint also pleads new claims under the CFAA and CDAFA based on these data collection allegations, as well as a new claim under the CDAFA based on the theory that HP lacked authorization to issue the firmware updates at issue. Plaintiffs seek compensatory damages, restitution, injunctive relief against alleged unfair business practices, and other relief. On May 24, 2021, HP filed a motion to dismiss the Third Amended Complaint. Autonomy-Related Legal Matters Investigations. As a result of the findings of an ongoing investigation, HP has provided information to the U.K. Serious Fraud Office, the U.S. Department of Justice (“DOJ”) and the SEC related to the accounting improprieties, disclosure failures and misrepresentations at Autonomy that occurred prior to and in connection with HP’s acquisition of Autonomy. On January 19, 2015, the U.K. Serious Fraud Office notified HP that it was closing its investigation and had decided to cede jurisdiction of the investigation to the U.S. authorities. On November 14, 2016, the DOJ announced that a federal grand jury indicted Sushovan Hussain, the former CFO of Autonomy. Mr. Hussain was charged with conspiracy to commit wire fraud, securities fraud, and multiple counts of wire fraud. The indictment alleged that Mr. Hussain engaged in a scheme to defraud purchasers and sellers of securities of Autonomy and HP about the true performance of Autonomy’s business, its financial condition, and its prospects for growth. A jury trial commenced on February 26, 2018. On April 30, 2018, the jury found Mr. Hussain guilty of all charges against him. On August 26, 2020, the U.S. Court of Appeals for the Ninth Circuit affirmed the judgment of conviction against Mr. Hussain. On November 15, 2016, the SEC announced that Stouffer Egan, the former CEO of Autonomy’s U.S.-based operations, settled charges relating to his participation in an accounting scheme to meet internal sales targets and analyst revenue expectations. On November 29, 2018, the DOJ announced that a federal grand jury indicted Michael Lynch, former CEO of Autonomy, and Stephen Chamberlain, former VP of Finance of Autonomy. Dr. Lynch and Mr. Chamberlain were charged with conspiracy to commit wire fraud and multiple counts of wire fraud. HP is continuing to cooperate with the ongoing enforcement actions. Autonomy Corporation Limited v. Michael Lynch and Sushovan Hussain. On April 17, 2015, four former HP subsidiaries that became subsidiaries of Hewlett Packard Enterprise at the time of the Separation (Autonomy Corporation Limited, Hewlett Packard Vision BV, Autonomy Systems, Limited, and Autonomy, Inc.) initiated civil proceedings in the U.K. High Court of Justice against two members of Autonomy’s former management, Michael Lynch and Sushovan Hussain. The Particulars of Claim seek damages in excess of $5 billion from Messrs. Lynch and Hussain for breach of their fiduciary duties by causing Autonomy group companies to engage in improper transactions and accounting practices. On October 1, 2015, Messrs. Lynch and Hussain filed their defenses. Mr. Lynch also filed a counterclaim against Autonomy Corporation Limited seeking $160 million in damages, among other things, for alleged misstatements regarding Lynch. The Hewlett Packard Enterprise subsidiary claimants filed their replies to the defenses and the asserted counter-claim on March 11, 2016. Trial began on March 25, 2019 and was completed in January 2020. The parties are awaiting a ruling from the Court. Environmental HP’s business is subject to various federal, state, local and foreign laws and regulations that could result in costs or other sanctions that adversely affect our business and results of operations. For example, HP is subject to laws and regulations concerning environmental protection, including laws addressing the discharge of pollutants into the air and water, the management and disposal of hazardous substances and wastes, the clean-up of contaminated sites, the content of HP’s products and the recycling, treatment and disposal of those products, including batteries. In particular, HP faces increasing complexity in its product design and procurement operations as it adjusts to new and future requirements relating to the chemical and materials composition of its products, their safe use, the energy consumption associated with those products, climate change laws and regulations, and product repairability, reuse and take-back legislation. HP could incur substantial costs, its products could be restricted from entering certain jurisdictions, and it could face other sanctions, if it were to violate or become liable under environmental laws or if its products become noncompliant with environmental laws. HP’s potential exposure includes fines and civil or criminal sanctions, third-party property damage or personal injury claims and clean-up costs. The amount and timing of costs to comply with environmental laws are difficult to predict. HP is party to, or otherwise involved in, proceedings brought by U.S. or state environmental agencies under the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”), known as “Superfund,” or state laws similar to CERCLA, and may become a party to, or otherwise involved in, proceedings brought by private parties for contribution towards clean-up costs. HP is also conducting environmental investigations or remediation at several current or former operating sites pursuant to administrative orders or consent agreements with state environmental agencies. The separation and distribution agreement between HP and Hewlett Packard Enterprise includes provisions that provide for the allocation of environmental liabilities including certain remediation obligations; responsibilities arising from the chemical and materials composition of their respective products, their safe use and their energy consumption; obligations under product take back legislation that addresses the collection, recycling, treatment and disposal of products; and other environmental matters. HP will generally be responsible for environmental liabilities related to the properties and other assets, including products, allocated to HP under the separation and distribution agreement and other ancillary agreements. Under these agreements, HP will indemnify Hewlett Packard Enterprise for liabilities for specified ongoing remediation projects, subject to certain limitations, and Hewlett Packard Enterprise has a payment obligation for a specified portion of the cost of those remediation projects. In addition, HP will share with Hewlett Packard Enterprise other environmental liabilities as set forth in the separation and distribution agreement. HP is indemnified in whole or in part by Hewlett Packard Enterprise for liabilities arising from the assets assigned to Hewlett Packard Enterprise and for certain environmental matters as detailed in the separation and distribution agreement.

Guarantees, Indemnifications and Warranties

9 Months Ended

Jul. 31, 2021

Guarantees [Abstract]

Guarantees, Indemnifications and Warranties

Guarantees

In the ordinary course of business, HP may issue performance guarantees to certain of its clients, customers and other parties pursuant to which HP has guaranteed the performance obligations of third parties. Some of those guarantees may be backed by standby letters of credit or surety bonds. In general, HP would be obligated to perform over the term of the guarantee in the event a specified triggering event occurs as defined by the guarantee. HP believes the likelihood of having to perform under a material guarantee is remote.

Cross-Indemnifications with Hewlett Packard Enterprise

Under the separation and distribution agreement, HP agreed to indemnify Hewlett Packard Enterprise, each of its subsidiaries and each of their respective directors, officers and employees from and against all liabilities relating to, arising out of or resulting from, among other matters, the liabilities allocated to HP as part of the Separation. Hewlett Packard Enterprise similarly agreed to indemnify HP, each of its subsidiaries and each of their respective directors, officers and employees from and against all liabilities relating to, arising out of or resulting from, among other matters, the liabilities allocated to Hewlett Packard Enterprise as part of the Separation. HP expects Hewlett Packard Enterprise to fully perform under the terms of the separation and distribution agreement.

For information on cross-indemnifications with Hewlett Packard Enterprise for litigation matters, see Note 12, “Litigation and Contingencies.”

Indemnifications

In the ordinary course of business, HP enters into contractual arrangements under which HP may agree to indemnify a third-party to such arrangement from any losses incurred relating to the services they perform on behalf of HP or for losses arising from certain events as defined within the particular contract, which may include, for example, litigation or claims relating to past performance. HP also provides indemnifications to certain vendors and customers against claims of intellectual property infringement made by third parties arising from the vendors’ and customers’ use of HP’s software products and services and certain other matters. Some indemnifications may not be subject to maximum loss clauses. Historically, payments made related to these indemnifications have been immaterial.

HP records tax indemnification receivables from various third parties for certain tax liabilities that HP is jointly and severally liable for, but for which it is indemnified by those same third parties under existing legal agreements. HP records a tax indemnification payable to various third parties under these agreements when management believes that it is both probable that a liability has been incurred and the amount can be reasonably estimated. The actual amount that the third parties pay or may be obligated to pay HP could vary depending on the outcome of certain unresolved tax matters, which may not be resolved for several years.

Warranties

HP accrues the estimated cost of product warranties at the time it recognizes revenue. HP engages in extensive product quality programs and processes, including actively monitoring and evaluating the quality of its component suppliers; however, contractual warranty terms, repair costs, product call rates, average cost per call, current period product shipments and ongoing product failure rates, as well as specific product class failures outside of HP’s baseline experience, affect the estimated warranty obligation.

HP’s aggregate product warranty liabilities and changes were as follows:


	Nine months ended July 31, 2021
	In millions
Balance at beginning of period	$	993
Accruals for warranties issued	753
Adjustments related to pre-existing warranties (including changes in estimates)	16
Settlements made (in cash or in kind)	(777)
Balance at end of period	$	985

Commitments

9 Months Ended

Jul. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

Commitments

Unconditional Purchase Obligations

As of July 31, 2021, HP had unconditional purchase obligations of $6.8 billion. These unconditional purchase obligations include agreements to purchase goods or services that are enforceable and legally binding on HP and that specify all significant terms, including fixed or minimum quantities to be purchased, fixed, minimum or variable price provisions and the approximate timing of the transaction. These unconditional purchase obligations are primarily related to inventory and service support. Unconditional purchase obligations exclude agreements that are cancellable without penalty.

As of July 31, 2021, unconditional purchase obligations were as follows:


Fiscal year	In millions
2021(1)	$	692
2022	2,328
2023	2,276
2024	1,431
2025	70
Thereafter	18
Total	$	6,815

(1) Represents expected unconditional purchase obligations for the remaining three months of the fiscal year 2021.

Acquisitions

9 Months Ended

Jul. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Acquisitions

On June 1, 2021, HP completed the acquisition of HyperX, the gaming division of Kingston Technology Company. The acquisition supports HP’s strategy to drive growth in gaming and peripherals within the Personal Systems segment.

The table below presents the preliminary purchase price allocation for HP's acquisition as of June 1, 2021 and reflects various preliminary fair value estimates and analyses, including preliminary work performed by third-party valuation specialists, which are subject to change within the measurement period as valuations are finalized. The primary areas of the preliminary purchase price allocation that are not yet finalized relate to the fair values of certain tangible assets and liabilities acquired, the valuation of intangible assets acquired and residual goodwill. HP expects to continue to obtain information to assist it in determining the fair value of the net assets acquired at the acquisition date during the measurement period.


	In millions
Goodwill	$	101
Amortizable intangible assets	208
Net assets assumed	103
Total fair value of consideration	$	412

Intangibles

9 Months Ended

Jul. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Intangibles

HP’s acquired intangible assets were composed of:


	As of July 31, 2021				As of October 31, 2020
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	In millions
Customer contracts, customer lists and distribution agreements	$	479	$	189	$	290	$	382	$	149	$	233
Technology and patents	764		399		365		621		332		289
Trade name and trademarks	98		12		86		26		8		18
Total intangible assets	$	1,341	$	600	$	741	$	1,029	$	489	$	540

During the nine months ended July 31, 2021, the increase in gross intangible assets was primarily due to intangible assets resulting from acquisitions. The reported amounts are based on preliminary fair value estimates of the assets acquired.

The weighted-average useful lives of intangible assets acquired during the period are as follows:


			Weighted-Average Useful Life (in years)
Customer contracts and customer lists			2
Technology and patents			7
Trade name and trademarks			15

As of July 31, 2021, estimated future amortization expense related to intangible assets was as follows:


Fiscal year	In millions
2021(1)	$	49
2022	184
2023	139
2024	105
2025	62
Thereafter	202
Total	$	741

(1) Represents expected amortization for the remaining three months of the fiscal year 2021.

Basis of Presentation (Policies)	9 Months Ended
Basis of Presentation (Policies)	Jul. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying Consolidated Condensed Financial Statements of HP and its wholly-owned subsidiaries are prepared in conformity with United States (“U.S.”) generally accepted accounting principles (“GAAP”). The interim financial information is unaudited but reflects all normal adjustments that are necessary to provide a fair statement of results for the interim periods presented. This interim information should be read in conjunction with the Consolidated Financial Statements for the fiscal year ended October 31, 2020 in the Annual Report on Form 10-K, filed on December 10, 2020. The Consolidated Condensed Balance Sheet for October 31, 2020 was derived from audited financial statements.
Principles of Consolidation	Principles of Consolidation The Consolidated Condensed Financial Statements include the accounts of HP and its subsidiaries and affiliates in which HP has a controlling financial interest or is the primary beneficiary. All intercompany balances and transactions have been eliminated.
Use of Estimates	Use of Estimates The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in HP’s Consolidated Condensed Financial Statements and accompanying notes. Actual results may differ materially from those estimates. As of July 31, 2021, the extent to which the COVID-19 pandemic will impact our business going forward depends on numerous dynamic factors which we cannot reliably predict. As a result, many of our estimates and assumptions required increased judgment and may carry a higher degree of variability and volatility. As the events continue to evolve with respect to the pandemic, our estimates may materially change in future periods.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting PronouncementsIn June 2016, the FASB issued guidance, which requires credit losses on financial assets measured at amortized cost basis to be presented at the net amount expected to be collected, not based on incurred losses. Furthermore, credit losses on available-for-sale debt securities should be recorded through an allowance for credit losses limited to the amount by which fair value is below amortized cost. HP adopted the new credit loss standard as of November 1, 2020 using a modified retrospective approach. The cumulative effect upon adoption was not material to the consolidated condensed financial statements.
Accounts Receivable	Accounts receivable HP records allowance for credit losses for the current expected credit losses inherent in the asset over its expected life. The allowance for credit losses is maintained based on the relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. HP records a specific reserve for individual accounts when HP becomes aware of specific customer circumstances, such as in the case of a bankruptcy filing or deterioration in the customer’s operating results or financial position. If there are additional changes in circumstances related to the specific customer, HP further adjusts estimates of the recoverability of receivables. HP assesses collectability by pooling receivables where similar risk characteristics exist. HP maintains an allowance for credit losses for all other customers based on a variety of factors, including the use of third-party credit risk models that generate quantitative measures of default probabilities based on market factors, financial condition of customers, length of time receivables are past due, trends in the weighted-average risk rating for the portfolio, macroeconomic conditions, information derived from competitive benchmarking, significant one-time events, and historical experience. The past due or delinquency status of a receivable is based on the contractual payment terms of the receivable. HP has third-party short-term financing arrangements intended to facilitate the working capital requirements of certain customers. These financing arrangements, which in certain cases provide for partial recourse, result in the transfer of HP’s trade receivables to a third-party. HP reflects amounts transferred to, but not yet collected from the third-party in Accounts receivable in the Consolidated Condensed Balance Sheets. For arrangements involving an element of recourse, the fair value of the recourse obligation is measured using market data from similar transactions and reported as a current liability in the Consolidated Condensed Balance Sheets.
Debt and Marketable Equity Securities Investments	Debt and Marketable Equity Securities Investments HP determines the appropriate classification of its investments at the time of purchase and re-evaluates the classifications at each balance sheet date. Debt and marketable equity securities are generally considered available-for-sale. All highly liquid investments with maturities of three months or less at the date of purchase are classified as cash equivalents. Marketable debt securities with maturities of twelve months or less are classified as short-term investments and marketable debt securities with maturities greater than twelve months are classified based on their availability for use in current operations. Marketable equity securities, including mutual funds, are classified as either short or long-term based on the nature of each security and its availability for use in current operations. Available-for-sale debt securities are reported at fair value with unrealized gains and losses, net of applicable taxes, in Accumulated other comprehensive loss. Unrealized gains and losses on equity securities, credit losses and impairments on available-for-sale debt securities are recorded in Consolidated Condensed Statements of Earnings. Realized gains and losses on available-for-sale securities are calculated at the individual security level and included in Interest and other, net in the Consolidated Condensed Statements of Earnings. HP monitors its investment portfolio for potential impairment and credit losses on a quarterly basis. If HP intends to sell a debt security or it is more likely than not that HP will be required to sell the security before recovery, then a decline in fair value below cost is recorded as an impairment charge in Interest and other, net and a new cost basis in the investment is established. In other cases, if the carrying amount of an investment in debt securities exceeds its fair value and the decline in value is determined to be due to credit related reasons, HP records a credit loss allowance, limited by the amount that fair value is less than the amortized cost basis. HP recognizes the corresponding charge in Interest and other, net and the remaining unrealized loss, if any, in Accumulated other comprehensive loss in the Consolidated Condensed Balance Sheets. Factors that HP considers while determining the credit loss allowance includes, but is not limited to, severity and the reason for the decline in value, interest rate changes and counterparty long-term ratings. Non-marketable equity securities in privately held companies are included in Other non-current assets in the Consolidated Condensed Balance Sheets.
Segment Information	The accounting policies HP uses to derive segment results are substantially the same as those used by HP in preparing these financial statements. HP derives the results of the business segments directly from its internal management reporting system.HP does not allocate certain operating expenses, which it manages at the corporate level, to its segments. These unallocated amounts include certain corporate governance costs and infrastructure investments, stock-based compensation expense, restructuring and other charges, acquisition-related charges and amortization of intangible assets.
Employer Contributions and Funding Policy	Employer Contributions and Funding Policy HP’s policy is to fund its pension plans so that it makes at least the minimum contribution required by local government, funding and taxing authorities.
Taxes on Earnings	HP recognizes interest income from favorable settlements and interest expense and penalties accrued on unrecognized tax benefits in the provision for taxes in the Consolidated Condensed Statements of Earnings.
Transfers and Servicing Trade Receivables Policy	HP has third-party arrangements, consisting of revolving short-term financing, which provide liquidity to certain partners to facilitate their working capital requirements. These financing arrangements, which in certain circumstances may contain partial recourse, result in a transfer of HP’s receivables and risk to the third-party. As these transfers qualify as true sales under the applicable accounting guidance, the receivables are de-recognized from the Consolidated Condensed Balance Sheets upon transfer, and HP receives a payment for the receivables from the third-party within a mutually agreed upon time period. For arrangements involving an element of recourse, the recourse obligation is measured using market data from similar transactions and reported as a current liability in the Consolidated Condensed Balance Sheets. The recourse obligations as of July 31, 2021 and October 31, 2020 were not material. The costs associated with the sale of trade receivables for the three and nine months ended July 31, 2021 and 2020 were not material.
Fair Value	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date. Fair Value Hierarchy HP uses valuation techniques that are based upon observable and unobservable inputs. Observable inputs are developed using market data such as publicly available information and reflect the assumptions market participants would use, while unobservable inputs are developed using the best information available about the assumptions market participants would use. Assets and liabilities are classified in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement: Level 1—Quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2—Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability and market-corroborated inputs. Level 3—Unobservable inputs for the asset or liability. The fair value hierarchy gives the highest priority to observable inputs and lowest priority to unobservable inputs. Valuation Techniques Cash Equivalents and Investments: HP holds time deposits, money market funds, mutual funds, other debt securities primarily consisting of corporate and foreign government notes and bonds, and common stock and equivalents. HP values cash equivalents and equity investments using quoted market prices, alternative pricing sources, including net asset value, or models utilizing market observable inputs. The fair value of debt investments is based on quoted market prices or model-driven valuations using inputs primarily derived from or corroborated by observable market data, and, in certain instances, valuation models that utilize assumptions which cannot be corroborated with observable market data. Derivative Instruments: HP uses industry standard valuation models to measure fair value. Where applicable, these models project future cash flows and discount the future amounts to present value using market-based observable inputs, including interest rate curves, HP and counterparty credit risk, foreign exchange rates, and forward and spot prices for currencies and interest rates. See Note 8, “Financial Instruments” for a further discussion of HP’s use of derivative instruments. Other Fair Value Disclosures Short- and Long-Term Debt: HP estimates the fair value of its debt primarily using an expected present value technique, which is based on observable market inputs using interest rates currently available to companies of similar credit standing for similar terms and remaining maturities and considering its own credit risk. The portion of HP’s debt that is hedged is reflected in the Consolidated Condensed Balance Sheets as an amount equal to the debt’s carrying amount and a fair value adjustment representing changes in the fair value of the hedged debt obligations arising from movements in benchmark interest rates. The fair value of HP’s short- and long-term debt was $7.7 billion as of July 31, 2021, compared to its carrying amount of $7.1 billion at that date. The fair value of HP’s short- and long-term debt was $6.7 billion as of October 31, 2020, compared to its carrying value of $6.2 billion at that date. If measured at fair value in the Consolidated Condensed Balance Sheets, short- and long-term debt would be classified in Level 2 of the fair value hierarchy. Other Financial Instruments: For the balance of HP’s financial instruments, primarily accounts receivable, accounts payable and financial liabilities included in Other current liabilities on the Consolidated Condensed Balance Sheets, the carrying amounts approximate fair value due to their short maturities. If measured at fair value in the Consolidated Condensed Balance Sheets, these other financial instruments would be classified as Level 2 or Level 3 in the fair value hierarchy. Non-Marketable Equity Investments and Non-Financial Assets: HP’s non-marketable equity investments are measured at cost less impairment, adjusted for observable price changes. HP’s non-financial assets, such as intangible assets, goodwill and property, plant and equipment, are recorded at fair value in the period an impairment charge is recognized. If measured at fair value in the Consolidated Condensed Balance Sheets these would generally be classified within Level 3 of the fair value hierarchy.
Cash Equivalents and Available-for-Sale Investments	All highly liquid investments with original maturities of three months or less at the date of acquisition are considered cash equivalents.
Derivative Instruments	Derivative Instruments HP uses derivatives to offset business exposure to foreign currency and interest rate risk on expected future cash flows and on certain existing assets and liabilities. As part of its risk management strategy, HP uses derivative instruments, primarily forward contracts, interest rate swaps, total return swaps, treasury rate locks, forward starting swaps and, at times, option contracts to hedge certain foreign currency, interest rate and, return on certain investment exposures. HP may designate its derivative contracts as fair value hedges or cash flow hedges and classifies the cash flows with the activities that correspond to the underlying hedged items. Additionally, for derivatives not designated as hedging instruments, HP categorizes those economic hedges as other derivatives. HP recognizes all derivative instruments at fair value in the Consolidated Condensed Balance Sheets. As a result of its use of derivative instruments, HP is exposed to the risk that its counterparties will fail to meet their contractual obligations. Master netting agreements mitigate credit exposure to counterparties by permitting HP to net amounts due from HP to counterparty against amounts due to HP from the same counterparty under certain conditions. To further limit credit risk, HP has collateral security agreements that allow HP’s custodian to hold collateral from, or require HP to post collateral to, counterparties when aggregate derivative fair values exceed contractually established thresholds which are generally based on the credit ratings of HP and its counterparties. If HP’s or the counterparty’s credit rating falls below a specified credit rating, either party has the right to request full collateralization of the derivatives’ net liability position. The fair value of derivatives with credit contingent features in a net liability position was $95 million and $90 million as of July 31, 2021 and as of October 31, 2020, respectively, all of which were fully collateralized within two business days. Under HP’s derivative contracts, the counterparty can terminate all outstanding trades following a covered change of control event affecting HP that results in the surviving entity being rated below a specified credit rating. This credit contingent provision did not affect HP’s financial position or cash flows as of July 31, 2021 and October 31, 2020. Fair Value Hedges HP enters into fair value hedges, such as interest rate swaps, to reduce the exposure of its debt portfolio to changes in fair value resulting from changes in benchmark interest rates on HP’s future interest rate payments. For derivative instruments that are designated and qualify as fair value hedges, HP recognizes the change in fair value of the derivative instrument, as well as the offsetting change in the fair value of the hedged item, in Interest and other, net in the Consolidated Condensed Statements of Earnings in the period of change. During the nine months ended July 31, 2021, HP entered into interest rate swaps with a notional amount of $375 million that were designated as fair value hedges, to convert a portion of its fixed-rate debt to floating. HP terminated interest rate swaps with a notional amount of $500 million that were de-designated as fair value hedges including $250 million notional amount related to certain fixed-rate debt securities that were extinguished, resulting in an immaterial loss. Cash Flow Hedges HP uses forward contracts, treasury rate locks, forward starting swaps and, at times, option contracts designated as cash flow hedges to protect against the foreign currency exchange and interest rate risks inherent in its forecasted net revenue, cost of revenue, operating expenses and debt issuance. HP’s foreign currency cash flow hedges mature predominantly within twelve months; however, hedges related to long-term procurement arrangements extend several years. For derivative instruments that are designated and qualify as cash flow hedges, HP initially records changes in fair value of the derivative instrument in Accumulated other comprehensive loss as a separate component of stockholders’ deficit in the Consolidated Condensed Balance Sheets and subsequently reclassifies these amounts into earnings in the period during which the hedged transaction is recognized in earnings. HP reports the changes in the fair value of the derivative instrument in the same financial statement line item as changes in the fair value of the hedged item. During the nine months ended July 31, 2021, HP entered into a series of forward starting swap agreements with notional amounts totaling $1.75 billion to hedge the exposure to variability in future cash flows resulting from changes in interest rates related to the anticipated issuance of long-term debt. These agreements were designated as cash flow hedges. In June 2021, a series of these forward starting swaps totaling $750 million notional amount were settled upon the issuance of the senior notes resulting in an immaterial loss recognized in Accumulated other comprehensive loss. The loss will be reclassified to Interest and other, net over the life of the related debt. Other Derivatives Other derivatives not designated as hedging instruments consist primarily of forward contracts used to hedge foreign currency-denominated balance sheet exposures. HP also uses total return swaps to hedge its executive deferred compensation plan liability. For derivative instruments not designated as hedging instruments, HP recognizes changes in fair value of the derivative instrument, as well as the offsetting change in the fair value of the hedged item, in Interest and other, net in the Consolidated Condensed Statements of Earnings in the period of change. Hedge EffectivenessFor interest rate swaps designated as fair value hedges, HP measures hedge effectiveness by offsetting the change in fair value of the hedged item with the change in fair value of the derivative. For foreign currency options, forward contracts and forward starting swaps designated as cash flow hedges, HP measures hedge effectiveness by comparing the cumulative change in fair value of the hedge contract with the cumulative change in fair value of the hedged item, both of which are based on forward rates.
Offsetting of Derivatives Instruments	Offsetting of Derivative InstrumentsHP recognizes all derivative instruments on a gross basis in the Consolidated Condensed Balance Sheets. HP does not offset the fair value of its derivative instruments against the fair value of cash collateral posted under its collateral security agreements.
Net Earnings Per Share	HP calculates basic net EPS using net earnings and the weighted-average number of shares outstanding during the reporting period. Diluted net EPS includes any dilutive effect of restricted stock units, stock options, performance-based awards and shares purchased under the 2021 employee stock purchase plan.
Litigation and Contingencies	HP is involved in lawsuits, claims, investigations and proceedings, including those identified below, consisting of IP, commercial, securities, employment, employee benefits and environmental matters that arise in the ordinary course of business. HP accrues a liability when management believes that it is both probable that a liability has been incurred and the amount of loss can be reasonably estimated. HP believes it has recorded adequate provisions for any such matters and, as of July 31, 2021, it was not reasonably possible that a material loss had been incurred in excess of the amounts recognized in HP’s financial statements. HP reviews these matters at least quarterly and adjusts its accruals to reflect the impact of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular case. Pursuant to the separation and distribution agreement, HP shares responsibility with Hewlett Packard Enterprise for certain matters, as indicated below, and Hewlett Packard Enterprise has agreed to indemnify HP in whole or in part with respect to certain matters. Based on its experience, HP believes that any damage amounts claimed in the specific matters discussed below are not a meaningful indicator of HP’s potential liability. Litigation is inherently unpredictable. However, HP believes it has valid defenses with respect to legal matters pending against it. Nevertheless, cash flows or results of operations could be materially affected in any particular period by the resolution of one or more of these contingencies.
Guarantees, Indemnifications and Warranties	Guarantees In the ordinary course of business, HP may issue performance guarantees to certain of its clients, customers and other parties pursuant to which HP has guaranteed the performance obligations of third parties. Some of those guarantees may be backed by standby letters of credit or surety bonds. In general, HP would be obligated to perform over the term of the guarantee in the event a specified triggering event occurs as defined by the guarantee. HP believes the likelihood of having to perform under a material guarantee is remote. Cross-Indemnifications with Hewlett Packard Enterprise Under the separation and distribution agreement, HP agreed to indemnify Hewlett Packard Enterprise, each of its subsidiaries and each of their respective directors, officers and employees from and against all liabilities relating to, arising out of or resulting from, among other matters, the liabilities allocated to HP as part of the Separation. Hewlett Packard Enterprise similarly agreed to indemnify HP, each of its subsidiaries and each of their respective directors, officers and employees from and against all liabilities relating to, arising out of or resulting from, among other matters, the liabilities allocated to Hewlett Packard Enterprise as part of the Separation. HP expects Hewlett Packard Enterprise to fully perform under the terms of the separation and distribution agreement. For information on cross-indemnifications with Hewlett Packard Enterprise for litigation matters, see Note 12, “Litigation and Contingencies.” Indemnifications In the ordinary course of business, HP enters into contractual arrangements under which HP may agree to indemnify a third-party to such arrangement from any losses incurred relating to the services they perform on behalf of HP or for losses arising from certain events as defined within the particular contract, which may include, for example, litigation or claims relating to past performance. HP also provides indemnifications to certain vendors and customers against claims of intellectual property infringement made by third parties arising from the vendors’ and customers’ use of HP’s software products and services and certain other matters. Some indemnifications may not be subject to maximum loss clauses. Historically, payments made related to these indemnifications have been immaterial. HP records tax indemnification receivables from various third parties for certain tax liabilities that HP is jointly and severally liable for, but for which it is indemnified by those same third parties under existing legal agreements. HP records a tax indemnification payable to various third parties under these agreements when management believes that it is both probable that a liability has been incurred and the amount can be reasonably estimated. The actual amount that the third parties pay or may be obligated to pay HP could vary depending on the outcome of certain unresolved tax matters, which may not be resolved for several years. Warranties HP accrues the estimated cost of product warranties at the time it recognizes revenue. HP engages in extensive product quality programs and processes, including actively monitoring and evaluating the quality of its component suppliers; however, contractual warranty terms, repair costs, product call rates, average cost per call, current period product shipments and ongoing product failure rates, as well as specific product class failures outside of HP’s baseline experience, affect the estimated warranty obligation.

Segment Information (Tables)

9 Months Ended

Jul. 31, 2021

Segment Reporting [Abstract]

Reconciliation of Segment Operating Results to Consolidated Results

Segment Operating Results from Operations and the reconciliation to HP consolidated results were as follows:


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Net revenue:
Notebooks	$	7,328	$	7,304	$	22,183	$	18,361
Desktops	2,246		2,221		6,871		7,553
Workstations	388		428		1,177		1,461
Other	444		407		1,333		1,190
Personal Systems	10,406		10,360		31,564		28,565
Supplies	3,092		2,573		9,575		8,455
Commercial	1,070		732		3,112		2,616
Consumer	720		628		2,562		1,744
Printing	4,882		3,933		15,249		12,815
Corporate Investments	—		1		1		2
Total segment net revenue	15,288		14,294		46,814		41,382
Other	1		—		(2)		(1)
Total net revenue	$	15,289	$	14,294	$	46,812	$	41,381

Earnings before taxes:
Personal Systems	$	869	$	570	$	2,337	$	1,784
Printing	857		480		2,806		1,782
Corporate Investments	(20)		(15)		(82)		(42)
Total segment earnings from operations	1,706		1,035		5,061		3,524
Corporate and unallocated costs and other	(134)		(108)		(378)		(304)
Stock-based compensation expense	(69)		(49)		(260)		(221)
Restructuring and other charges	(56)		(59)		(216)		(431)
Acquisition-related charges	(24)		(11)		(40)		(14)
Amortization of intangible assets	(42)		(29)		(103)		(84)

Interest and other, net	(55)		(28)		(106)		(15)
Total earnings before taxes	$	1,326	$	751	$	3,958	$	2,455

Schedule of Reconciliation of Segment Operating Results to HP Consolidated Results

Segment Operating Results from Operations and the reconciliation to HP consolidated results were as follows:


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Net revenue:
Notebooks	$	7,328	$	7,304	$	22,183	$	18,361
Desktops	2,246		2,221		6,871		7,553
Workstations	388		428		1,177		1,461
Other	444		407		1,333		1,190
Personal Systems	10,406		10,360		31,564		28,565
Supplies	3,092		2,573		9,575		8,455
Commercial	1,070		732		3,112		2,616
Consumer	720		628		2,562		1,744
Printing	4,882		3,933		15,249		12,815
Corporate Investments	—		1		1		2
Total segment net revenue	15,288		14,294		46,814		41,382
Other	1		—		(2)		(1)
Total net revenue	$	15,289	$	14,294	$	46,812	$	41,381

Earnings before taxes:
Personal Systems	$	869	$	570	$	2,337	$	1,784
Printing	857		480		2,806		1,782
Corporate Investments	(20)		(15)		(82)		(42)
Total segment earnings from operations	1,706		1,035		5,061		3,524
Corporate and unallocated costs and other	(134)		(108)		(378)		(304)
Stock-based compensation expense	(69)		(49)		(260)		(221)
Restructuring and other charges	(56)		(59)		(216)		(431)
Acquisition-related charges	(24)		(11)		(40)		(14)
Amortization of intangible assets	(42)		(29)		(103)		(84)

Interest and other, net	(55)		(28)		(106)		(15)
Total earnings before taxes	$	1,326	$	751	$	3,958	$	2,455

Restructuring and Other Charges (Tables)

9 Months Ended

Jul. 31, 2021

Restructuring and Related Activities [Abstract]

Summary of Restructuring Plans

HP’s restructuring activities for the nine months ended July 31, 2021 and 2020 summarized by plan were as follows:


	Fiscal 2020 Plan
	Severance and EER			Non-labor		Other prior-year Plans		Total
	In millions
Accrued balance as of October 31, 2020	$	55		$	—	$	12	$	67
Charges	164			35		—		199
Cash payments	(132)			(4)		(12)		(148)
Non-cash and other adjustments	(1)			(31)		—		(32)
Accrued balance as of July 31, 2021	$	86		$	—	$	—	$	86
Total costs incurred to date as of July 31, 2021	$	592		$	45	$	1,817	$	2,454

Reflected in Consolidated Condensed Balance Sheets
Other current liabilities	$	86		$	—	$	—	$	86



Accrued balance as of October 31, 2019	$	76		$	—	$	66	$	142
Charges	325			5		1		331
Cash payments	(256)			(5)		(48)		(309)
Non-cash and other adjustments	(48)		(1)	—		(3)		(51)
Accrued balance as of July 31, 2020	$	97		$	—	$	16	$	113

(1)Includes reclassification of liability related to the Enhanced Early Retirement (“EER”) plan of $44 million for certain healthcare and medical savings account benefits to pension and post-retirement plans.

HP’s restructuring charges for the three months ended July 31, 2021 summarized by the plans outlined below were as follows:


	Fiscal 2020 Plan
	Severance and EER		Non-labor		Total
	In millions
For the three months ended July 31, 2021	$	28	$	20	$	48

Retirement and Post-Retirement Benefit Plans (Tables)

9 Months Ended

Jul. 31, 2021

Retirement Benefits [Abstract]

Schedule of Pension and Post-Retirement Benefit (Credit) Cost

The components of HP’s pension and post-retirement benefit (credit) cost recognized in the Consolidated Condensed Statements of Earnings were as follows:


	Three months ended July 31
	U.S. Defined Benefit Plans				Non-U.S. Defined Benefit Plans				Post-Retirement Benefit Plans
	2021		2020		2021		2020		2021		2020
	In millions
Service cost	$	—	$	—	$	16	$	16	$	—	$	—
Interest cost	76		103		5		4		2		3
Expected return on plan assets	(127)		(175)		(13)		(10)		(5)		(6)
Amortization and deferrals:
Actuarial loss (gain)	14		16		13		11		(4)		(3)
Prior service benefit	—		—		(1)		(1)		(2)		(3)
Net periodic benefit (credit) cost	(37)		(56)		20		20		(9)		(9)

Settlement loss	—		2		—		—		—		—

Total periodic benefit (credit) cost	$	(37)	$	(54)	$	20	$	20	$	(9)	$	(9)

	Nine months ended July 31
	U.S. Defined Benefit Plans				Non-U.S. Defined Benefit Plans				Post- Retirement Benefit Plans
	2021		2020		2021		2020		2021		2020
	In millions
Service cost	$	—	$	—	$	50	$	47	$	1	$	1
Interest cost	228		309		14		13		6		8
Expected return on plan assets	(381)		(525)		(37)		(31)		(17)		(17)
Amortization and deferrals:
Actuarial loss (gain)	44		48		40		32		(12)		(8)
Prior service benefit	—		—		(2)		(2)		(8)		(9)
Net periodic benefit (credit) cost	(109)		(168)		65		59		(30)		(25)

Settlement loss	1		3		—		—		—		—
Special termination benefit cost	—		—		—		—		—		44
Total periodic benefit (credit) cost	$	(108)	$	(165)	$	65	$	59	$	(30)	$	19

Supplementary Financial Information (Tables)

9 Months Ended

Jul. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Allowance for Doubtful Accounts Related to Accounts Receivable

The allowance for credit losses related to accounts receivable and changes were as follows:


	Nine months ended July 31, 2021
	In millions
Balance at beginning of period	$	122
Current-period allowance for credit losses	9
Deductions, net of recoveries	(14)
Balance at end of period	$	117

Schedule of Transferred Trade Receivables Not Collected from Third Parties

The following is a summary of the activity under these arrangements:


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Balance at beginning of period(1)	$	212	$	124	$	188	$	235
Trade receivables sold	2,667		2,231		9,155		7,411
Cash receipts	(2,711)		(2,254)		(9,181)		(7,544)
Foreign currency and other	(2)		8		4		7
Balance at end of period(1)	$	166	$	109	$	166	$	109

(1) Amounts outstanding from third parties reported in Accounts receivable in the Consolidated Condensed Balance Sheets.

Inventory


	As of
	July 31, 2021		October 31, 2020
	In millions
Finished goods	$	4,187	$	3,662
Purchased parts and fabricated assemblies(1)	3,978		2,301
	$	8,165	$	5,963

(1) Increase is attributable to strategic buys in Personal Systems.

Other Current Assets


	As of
	July 31, 2021		October 31, 2020
	In millions
Supplier and other receivables	$	2,218	$	2,092
Prepaid and other current assets	1,031		1,104
Value-added taxes receivable	834		970
Available-for-sale investments	8		274
	$	4,091	$	4,440

Property, Plant and Equipment, net


	As of
	July 31, 2021		October 31, 2020
	In millions
Land, buildings and leasehold improvements	$	2,168	$	2,066
Machinery and equipment, including equipment held for lease	5,259		5,275
	7,427		7,341
Accumulated depreciation	(4,927)		(4,714)
	$	2,500	$	2,627

Other Non-Current Assets


	As of
	July 31, 2021		October 31, 2020
	In millions
Deferred tax assets	$	2,581	$	2,515
Right-of-use assets from operating leases, net	1,114		1,107
Deposits and prepaid	757		337
Intangible assets	741		540
Other	599		527
	$	5,792	$	5,026

Other Current Liabilities


	As of
	July 31, 2021		October 31, 2020
	In millions
Sales and marketing programs	$	3,101	$	3,185
Employee compensation and benefit	1,462		1,194
Deferred revenue	1,335		1,208
Other accrued taxes	1,020		1,051
Warranty	752		746
Operating lease liabilities	330		275
Tax liability	271		223
Other	3,284		2,960
	$	11,555	$	10,842

Other Non-Current Liabilities


	As of
	July 31, 2021		October 31, 2020
	In millions
Pension, post-retirement, and post-employment liabilities	$	1,342	$	1,576
Deferred revenue	1,043		1,072
Operating lease liabilities	878		904
Tax liability	751		746
Deferred tax liability	47		25
Other	839		823
	$	4,900	$	5,146

Interest and Other, Net

Interest and other, net


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Interest expense on borrowings	$	(68)	$	(55)	$	(193)	$	(176)
Loss on extinguishment of debt(1)	(16)		(40)		(16)		(40)
Other, net	29		67		103		201
	$	(55)	$	(28)	$	(106)	$	(15)

(1) See Note 9 “Borrowings” for detailed information.

Net Revenue by Region

Net revenue by region


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Americas	$	7,006	$	6,229	$	20,746	$	17,393
Europe, Middle East and Africa	5,004		4,725		16,267		14,611
Asia-Pacific and Japan	3,279		3,340		9,799		9,377
Total net revenue	$	15,289	$	14,294	$	46,812	$	41,381

Fair Value (Tables)

9 Months Ended

Jul. 31, 2021

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis

The following table presents HP’s assets and liabilities that are measured at fair value on a recurring basis:


	As of July 31, 2021								As of October 31, 2020
	Fair Value Measured Using								Fair Value Measured Using
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	In millions
Assets:
Cash Equivalents:
Corporate debt	$	—	$	1,407	$	—	$	1,407	$	—	$	1,700	$	—	$	1,700
Financial institution instruments	—		—		—		—		—		59		—		59
Government debt(1)	770		—		—		770		1,992		181		—		2,173
Available-for-Sale Investments:
Corporate debt	—		—		—		—		—		169		—		169
Financial institution instruments	—		8		—		8		—		32		—		32
Government debt(1)	—		—		—		—		—		73		—		73
Mutual funds	6		57		—		63		5		53		—		58
Derivative Instruments:
Interest rate contracts	—		2		—		2		—		4		—		4
Foreign currency contracts	—		188		—		188		—		191		—		191
Other derivatives	—		1		—		1		—		—		—		—
Total assets	$	776	$	1,663	$	—	$	2,439	$	1,997	$	2,462	$	—	$	4,459
Liabilities:
Derivative Instruments:
Interest rate contracts	$	—	$	6	$	—	$	6	$	—	$	3	$	—	$	3
Foreign currency contracts	—		224		—		224		—		256		—		256
Other derivatives	—		1		—		1		—		3		—		3
Total liabilities	$	—	$	231	$	—	$	231	$	—	$	262	$	—	$	262

(1) Government debt includes instruments such as U.S. treasury notes, U.S. agency securities and non-U.S. government bonds. Money market funds invested in government debt and traded in active markets are included in Level 1.

Financial Instruments (Tables)

9 Months Ended

Jul. 31, 2021

Investments, All Other Investments [Abstract]

Schedule of Cash Equivalents and Available-for-Sale Investments

Cash Equivalents and Available-for-Sale Investments


	As of July 31, 2021								As of October 31, 2020
	Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value		Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value
	In millions
Cash Equivalents:
Corporate debt	$	1,407	$	—	$	—	$	1,407	$	1,700	$	—	$	—	$	1,700
Financial institution instruments	—		—		—		—		59		—		—		59
Government debt	770		—		—		770		2,173		—		—		2,173
Total cash equivalents	2,177		—		—		2,177		3,932		—		—		3,932
Available-for-Sale Investments:
Corporate debt(1)	—		—		—		—		169		—		—		169
Financial institution instruments(1)	8		—		—		8		32		—		—		32
Government debt(1)	—		—		—		—		73		—		—		73
Mutual funds	44		19		—		63		42		16		—		58
Total available-for-sale investments	52		19		—		71		316		16		—		332
Total cash equivalents and available-for-sale investments	$	2,229	$	19	$	—	$	2,248	$	4,248	$	16	$	—	$	4,264

(1) HP classifies its marketable debt securities as Available-for-sale investments within Other current assets on the Consolidated Condensed Balance Sheets, including those with maturity dates beyond one year, based on their highly liquid nature and availability for use in current operations.

Schedule of Contractual Maturities

Contractual maturities of investments in available-for-sale debt securities were as follows:


	As of July 31, 2021
	Amortized Cost		Fair Value
	In millions
Due in one year	$	8	$	8

Schedule of Gross Notional and Fair Value of Derivative Financial Instruments in the Consolidated Condensed Balance Sheets

Gross notional and fair value of derivative instruments in the Consolidated Condensed Balance Sheets were as follows:


	As of July 31, 2021										As of October 31, 2020
	Outstanding Gross Notional		Other Current Assets		Other Non-Current Assets		Other Current Liabilities		Other Non-Current Liabilities		Outstanding Gross Notional		Other Current Assets		Other Non-Current Assets		Other Current Liabilities		Other Non-Current Liabilities
	In millions
Derivatives designated as hedging instruments
Fair value hedges:
Interest rate contracts	$	750	$	—	$	2	$	—	$	6	$	875	$	4	$	—	$	—	$	3
Cash flow hedges:
Foreign currency contracts	16,531		142		32		135		47		15,661		148		30		199		37
Interest rate contracts	1,000		—		—		—		27		—		—		—		—		—
Total derivatives designated as hedging instruments	18,281		142		34		135		80		16,536		152		30		199		40
Derivatives not designated as hedging instruments
Foreign currency contracts	5,519		14		—		15		—		5,319		13		—		20		—
Other derivatives	155		1		—		1		—		142		—		—		3		—
Total derivatives not designated as hedging instruments	5,674		15		—		16		—		5,461		13		—		23		—
Total derivatives	$	23,955	$	157	$	34	$	151	$	80	$	21,997	$	165	$	30	$	222	$	40

Schedule of Offsetting Assets

As of July 31, 2021 and October 31, 2020, information related to the potential effect of HP’s master netting agreements and collateral security agreements was as follows:


	In the Consolidated Condensed Balance Sheets
							Gross Amounts Not Offset
	Gross Amount Recognized (i)		Gross Amount Offset (ii)		Net Amount Presented (iii) = (i)–(ii)		Derivatives (iv)		Financial Collateral (v)			Net Amount (vi) = (iii)–(iv)–(v)
	In millions
As of July 31, 2021
Derivative assets	$	191	$	—	$	191	$	133	$	34	(1)	$	24
Derivative liabilities	$	231	$	—	$	231	$	133	$	75	(2)	$	23
As of October 31, 2020
Derivative assets	$	195	$	—	$	195	$	156	$	4	(1)	$	35
Derivative liabilities	$	262	$	—	$	262	$	156	$	130	(2)	$	(24)

(1)Represents the cash collateral posted by counterparties as of the respective reporting date for HP’s asset position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.

(2)Represents the collateral posted by HP including any re-use of counterparty cash collateral as of the respective reporting date for HP’s liability position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.

Schedule of Offsetting Liabilities

As of July 31, 2021 and October 31, 2020, information related to the potential effect of HP’s master netting agreements and collateral security agreements was as follows:


	In the Consolidated Condensed Balance Sheets
							Gross Amounts Not Offset
	Gross Amount Recognized (i)		Gross Amount Offset (ii)		Net Amount Presented (iii) = (i)–(ii)		Derivatives (iv)		Financial Collateral (v)			Net Amount (vi) = (iii)–(iv)–(v)
	In millions
As of July 31, 2021
Derivative assets	$	191	$	—	$	191	$	133	$	34	(1)	$	24
Derivative liabilities	$	231	$	—	$	231	$	133	$	75	(2)	$	23
As of October 31, 2020
Derivative assets	$	195	$	—	$	195	$	156	$	4	(1)	$	35
Derivative liabilities	$	262	$	—	$	262	$	156	$	130	(2)	$	(24)

(1)Represents the cash collateral posted by counterparties as of the respective reporting date for HP’s asset position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.

(2)Represents the collateral posted by HP including any re-use of counterparty cash collateral as of the respective reporting date for HP’s liability position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.

Schedule of Pre-Tax Effect of Derivative Instruments and Related Hedged Items in a Fair Value Hedging Relationship

The pre-tax effect of derivative instruments and related hedged items in a fair value hedging relationship were as follows:


Derivative Instrument	Hedged Item	Location	Year	Total amounts of income/(expense) line items in the statement of financial performance in which the effects of fair value hedges are recorded		Gain/(loss) recognized in earnings on derivative instruments		Gain/(loss) recognized in earnings on hedged item
				In millions
Three months ended July 31
Interest rate contract	Fixed-rate debt	Interest and other, net	2021	$	(55)	$	5	$	(5)
			2020	$	(28)	$	1	$	(1)
Nine months ended July 31
Interest rate contract	Fixed-rate debt	Interest and other, net	2021	$	(106)	$	(5)	$	5
			2020	$	(15)	$	11	$	(11)

Schedule of Pre-Tax Effect of Derivative Instruments in Cash Flow Hedging Relationships

The pre-tax effect of derivative instruments in cash flow hedging relationships included in Accumulated other comprehensive loss was as follows:


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Gain/(loss) recognized in Accumulated other comprehensive loss on derivatives:
Foreign currency contracts	$	167	$	(567)	$	(220)	$	(268)
Interest rate contracts	$	(34)	$	4	$	(34)	$	(4)

The pre-tax effect of derivative instruments in cash flow hedging relationships included in earnings were as follows:


	Total amounts of income/(expense) line items in the statement of financial performance in which the effects of cash flow hedges are recorded								Gain/(loss) reclassified from Accumulated other comprehensive loss into earnings
	Three months ended July 31				Nine months ended July 31				Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020		2021		2020		2021		2020
	In millions
Net revenue	$	15,289	$	14,294	$	46,812	$	41,381	$	(57)	$	136	$	(246)	$	259
Cost of revenue	(11,901)		(11,901)		(36,660)		(33,623)		(7)		(7)		(17)		(18)
Other operating expenses	(2,007)		(1,614)		(6,088)		(5,288)		—		1		1		1
Interest and other, net	(55)		(28)		(106)		(15)		—		—		—		—
Total	$	1,326	$	751	$	3,958	$	2,455	$	(64)	$	130	$	(262)	$	242

Schedule of Pre-Tax Effect of Derivative Instruments not Designated as Hedging Instruments on the Consolidated Condensed Statements of Earnings

The pre-tax effect of derivative instruments not designated as hedging instruments recognized in Interest and other, net in the Consolidated Condensed Statements of Earnings for the three and nine months ended July 31, 2021 and 2020 was as follows:


	Gain/(loss) recognized in earnings on derivative instrument
		Three months ended July 31				Nine months ended July 31
	Location	2021		2020		2021		2020
		In millions
Foreign currency contracts	Interest and other, net	$	(33)	$	46	$	(42)	$	63
Other derivatives	Interest and other, net	(2)		11		4		16
Total		$	(35)	$	57	$	(38)	$	79

Borrowings (Tables)

9 Months Ended

Jul. 31, 2021

Debt Disclosure [Abstract]

Schedule of Notes Payable and Short-Term Borrowings

Notes Payable and Short-Term Borrowings


	As of July 31, 2021				As of October 31, 2020
	Amount Outstanding		Weighted-Average Interest Rate		Amount Outstanding		Weighted-Average Interest Rate
	In millions

Current portion of long-term debt	$	181	3.3	%	$	633	4.0	%
Notes payable to banks, lines of credit and other	33		1.6	%	41		1.6	%
	$	214			$	674

Schedule of Long-Term Debt

Long-Term Debt


	As of
	July 31, 2021		October 31, 2020
	In millions
U.S. Dollar Global Notes(1)
2009 Shelf Registration Statement:


$1,000 issued at discount to par at a price of 99.816% in September 2011 at 4.375%, due September 2021	$	—	$	412
$1,500 issued at discount to par at a price of 99.707% in December 2011 at 4.65%, due December 2021	—		586
$500 issued at discount to par at a price of 99.771% in March 2012 at 4.05%, due September 2022	499		499
$1,200 issued at discount to par at a price of 99.863% in September 2011 at 6.00%, due September 2041	1,199		1,199
2019 Shelf Registration Statement:
$1,150 issued at discount to par at a price of 99.769% in June 2020 at 2.2%, due June 2025	1,148		1,148
$1,000 issued at discount to par at a price of 99.718% in June 2020 at 3.0%, due June 2027	997		997
$850 issued at discount to par at a price of 99.790% in June 2020 at 3.4%, due June 2030	848		848
$1,000 issued at discount to par at a price of 99.808% in June 2021 at 1.45%, due June 2026	999		—
$1,000 issued at discount to par at a price of 99.573% in June 2021 at 2.65%, due June 2031	996		—
	6,686		5,689
Other borrowings at 0.51-9.00%, due in calendar years 2021-2028	451		522
Fair value adjustment related to hedged debt	(2)		2
Unamortized debt issuance cost	(56)		(37)
Current portion of long-term debt	(181)		(633)
Total long-term debt	$	6,898	$	5,543

(1)HP may redeem some or all of the fixed-rate U.S. Dollar Global Notes at any time in accordance with the terms thereof. The U.S. Dollar Global Notes are senior unsecured debt.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 55
-Paragraph 69B
-URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 55
-Paragraph 69E
-URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644

+ Details

Stockholders' Deficit (Tables)

9 Months Ended

Jul. 31, 2021

Stockholders' Equity Note [Abstract]

Schedule of Tax Effects Related to Other Comprehensive (Loss) Income

Tax effects related to Other Comprehensive Income (Loss)


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Tax effect on change in unrealized components of available-for-sale debt securities:
Tax provision on unrealized gains arising during the period	$	—	$	—	$	(1)	$	—

Tax effect on change in unrealized components of cash flow hedges:
Tax (provision) benefit on unrealized gains (losses) arising during the period	(22)		83		18		34
Tax (benefit) provision on losses (gains) reclassified into earnings	(4)		25		(25)		51
	(26)		108		(7)		85
Tax effect on change in unrealized components of defined benefit plans:
Tax benefit (provision) on (losses) gains arising during the period	—		1		(11)		1
Tax benefit on amortization of actuarial loss and prior service benefit	(4)		(5)		(14)		(15)

	(4)		(4)		(25)		(14)

Tax effect on change in cumulative translation adjustment	(2)		—		(8)		—
Tax (provision) benefit on other comprehensive income (loss)	$	(32)	$	104	$	(41)	$	71

Schedule of Changes and Reclassifications Related to Other Comprehensive Income, Net of Taxes

Changes and reclassifications related to Other Comprehensive Income (Loss), net of taxes


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions
Other comprehensive income (loss), net of taxes:
Change in unrealized components of available-for-sale debt securities:
Unrealized gains arising during the period	$	1	$	2	$	4	$	1


Change in unrealized components of cash flow hedges:
Unrealized gains (losses) arising during the period	111		(480)		(236)		(238)
Losses (gains) reclassified into earnings	60		(105)		237		(191)
	171		(585)		1		(429)
Change in unrealized components of defined benefit plans:
(Losses) gains arising during the period	(1)		(4)		29		(5)
Amortization of actuarial loss and prior service benefit(1)	16		15		48		46
Curtailments, settlements and other	—		2		1		3
	15		13		78		44

Change in cumulative translation adjustment	—		15		27		4
Other comprehensive income (loss), net of taxes	$	187	$	(555)	$	110	$	(380)

(1)These components are included in the computation of net pension and post-retirement benefit (credit) charges in Note 4, “Retirement and Post-Retirement Benefit Plans”.

Schedule of Accumulated Other Comprehensive Loss, Net of Taxes

The components of Accumulated other comprehensive loss, net of taxes and changes were as follows:


	Nine months ended July 31, 2021
	Net unrealized gains on available-for-sale debt securities		Net unrealized (losses) gains on cash flow hedges		Unrealized components of defined benefit plans		Change in cumulative translation adjustment		Accumulated other comprehensive loss
	In millions
Balance at beginning of period	$	11	$	(66)	$	(1,190)	$	2	$	(1,243)
Other comprehensive income (loss) before reclassifications	4		(236)		29		27		(176)
Reclassifications of losses into earnings	—		237		48		—		285
Reclassifications of settlements into earnings	—		—		1		—		1
Balance at end of period	$	15	$	(65)	$	(1,112)	$	29	$	(1,133)

Net Earnings Per Share (Tables)

9 Months Ended

Jul. 31, 2021

Earnings Per Share [Abstract]

Basic and Diluted Net Earnings Per Share Calculations

A reconciliation of the number of shares used for basic and diluted net EPS calculations is as follows:


	Three months ended July 31				Nine months ended July 31
	2021		2020		2021		2020
	In millions, except per share amounts
Numerator:
Net earnings	$	1,108	$	734	$	3,404	$	2,176
Denominator:
Weighted-average shares used to compute basic net EPS	1,185		1,417		1,235		1,435
Dilutive effect of employee stock plans	14		6		12		6
Weighted-average shares used to compute diluted net EPS	1,199		1,423		1,247		1,441
Net earnings per share:
Basic	$	0.94	$	0.52	$	2.76	$	1.52
Diluted	$	0.92	$	0.52	$	2.73	$	1.51
Anti-dilutive weighted-average stock-based compensation awards(1)	—		15		2		13

(1)HP excludes from the calculation of diluted net EPS stock options and restricted stock units where the assumed proceeds exceed the average market price, because their effect would be anti-dilutive. The assumed proceeds of a stock option include the sum of its exercise price, and average unrecognized compensation cost. The assumed proceeds of a restricted stock unit represent unrecognized compensation cost.

Guarantees, Indemnifications and Warranties (Tables)

9 Months Ended

Jul. 31, 2021

Guarantees [Abstract]

Changes in Aggregate Product Warranty Liabilities and Changes

HP’s aggregate product warranty liabilities and changes were as follows:


	Nine months ended July 31, 2021
	In millions
Balance at beginning of period	$	993
Accruals for warranties issued	753
Adjustments related to pre-existing warranties (including changes in estimates)	16
Settlements made (in cash or in kind)	(777)
Balance at end of period	$	985

Commitments (Tables)

9 Months Ended

Jul. 31, 2021

Commitments and Contingencies Disclosure [Abstract]

Future Unconditional Purchase Obligations

As of July 31, 2021, unconditional purchase obligations were as follows:


Fiscal year	In millions
2021(1)	$	692
2022	2,328
2023	2,276
2024	1,431
2025	70
Thereafter	18
Total	$	6,815

(1) Represents expected unconditional purchase obligations for the remaining three months of the fiscal year 2021.

Acquisitions (Tables)

9 Months Ended

Jul. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of Preliminary Purchase Price Allocation


	In millions
Goodwill	$	101
Amortizable intangible assets	208
Net assets assumed	103
Total fair value of consideration	$	412

Intangible Assets (Tables)

9 Months Ended

Jul. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

HP’s acquired intangible assets were composed of:


	As of July 31, 2021				As of October 31, 2020
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	In millions
Customer contracts, customer lists and distribution agreements	$	479	$	189	$	290	$	382	$	149	$	233
Technology and patents	764		399		365		621		332		289
Trade name and trademarks	98		12		86		26		8		18
Total intangible assets	$	1,341	$	600	$	741	$	1,029	$	489	$	540

The weighted-average useful lives of intangible assets acquired during the period are as follows:


			Weighted-Average Useful Life (in years)
Customer contracts and customer lists			2
Technology and patents			7
Trade name and trademarks			15

Schedule of Estimated Future Amortization Expense

As of July 31, 2021, estimated future amortization expense related to intangible assets was as follows:


Fiscal year	In millions
2021(1)	$	49
2022	184
2023	139
2024	105
2025	62
Thereafter	202
Total	$	741

(1) Represents expected amortization for the remaining three months of the fiscal year 2021.

Segment Information - Narrative (Details)	9 Months Ended
Segment Information - Narrative (Details)	Jul. 31, 2021 segment
Segment Reporting [Abstract]
Number of reportable segments	3

Segment Information - Schedule of Reconciliation of Segment Operating Results to HP Consolidated Results (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Segment Information
Net revenue	$ 15,289	$ 14,294	$ 46,812	$ 41,381
Total segment earnings from operations	1,381	779	4,064	2,470
Restructuring and other charges	(56)	(59)	(216)	(431)
Acquisition-related charges	(24)	(11)	(40)	(14)
Amortization of intangible assets	(42)	(29)	(103)	(84)
Interest and other, net	(55)	(28)	(106)	(15)
Total earnings before taxes	1,326	751	3,958	2,455
Operating segments
Segment Information
Net revenue	15,288	14,294	46,814	41,382
Total segment earnings from operations	1,706	1,035	5,061	3,524
Other
Segment Information
Net revenue	1	0	(2)	(1)
Corporate and unallocated costs and other	(134)	(108)	(378)	(304)
Stock-based compensation expense	(69)	(49)	(260)	(221)
Restructuring and other charges	(56)	(59)	(216)	(431)
Acquisition-related charges	(24)	(11)	(40)	(14)
Amortization of intangible assets	(42)	(29)	(103)	(84)
Interest and other, net	(55)	(28)	(106)	(15)
Personal Systems \| Operating segments
Segment Information
Net revenue	10,406	10,360	31,564	28,565
Total segment earnings from operations	869	570	2,337	1,784
Printing \| Operating segments
Segment Information
Net revenue	4,882	3,933	15,249	12,815
Total segment earnings from operations	857	480	2,806	1,782
Corporate Investments \| Operating segments
Segment Information
Net revenue	0	1	1	2
Total segment earnings from operations	(20)	(15)	(82)	(42)
Notebooks \| Personal Systems \| Operating segments
Segment Information
Net revenue	7,328	7,304	22,183	18,361
Desktops \| Personal Systems \| Operating segments
Segment Information
Net revenue	2,246	2,221	6,871	7,553
Workstations \| Personal Systems \| Operating segments
Segment Information
Net revenue	388	428	1,177	1,461
Other \| Personal Systems \| Operating segments
Segment Information
Net revenue	444	407	1,333	1,190
Supplies \| Printing \| Operating segments
Segment Information
Net revenue	3,092	2,573	9,575	8,455
Commercial \| Printing \| Operating segments
Segment Information
Net revenue	1,070	732	3,112	2,616
Consumer \| Printing \| Operating segments
Segment Information
Net revenue	$ 720	$ 628	$ 2,562	$ 1,744

Restructuring and Other Charges - Summary of Cost Saving Plan Activities (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Jul. 31, 2021	Jul. 31, 2021	Jul. 31, 2020
Restructuring Reserve [Roll Forward]
Accrued balance, beginning of the period		$ 67	$ 142
Charges	$ 48	199	331
Cash payments		(148)	(309)
Non-cash and other adjustments		(32)	(51)
Accrued balance, beginning of the period	86	86	113
Total costs incurred to date as of July 31, 2021	2,454	2,454
Reflected in Consolidated Condensed Balance Sheets
Other current liabilities	86	86
Fiscal 2020 Plan \| Severance and EER
Restructuring Reserve [Roll Forward]
Accrued balance, beginning of the period		55	76
Charges	28	164	325
Cash payments		(132)	(256)
Non-cash and other adjustments		(1)	(48)
Accrued balance, beginning of the period	86	86	97
Total costs incurred to date as of July 31, 2021	592	592
Reflected in Consolidated Condensed Balance Sheets
Other current liabilities	86	86
Fiscal 2020 Plan \| Non-labor
Restructuring Reserve [Roll Forward]
Accrued balance, beginning of the period		0	0
Charges	20	35	5
Cash payments		(4)	(5)
Non-cash and other adjustments		(31)	0
Accrued balance, beginning of the period	0	0	0
Total costs incurred to date as of July 31, 2021	45	45
Reflected in Consolidated Condensed Balance Sheets
Other current liabilities	0	0
Fiscal 2020 Plan \| Healthcare and medical savings account benefits
Restructuring Reserve [Roll Forward]
Non-cash and other adjustments		44
Other prior-year Plans
Restructuring Reserve [Roll Forward]
Accrued balance, beginning of the period		12	66
Charges		0	1
Cash payments		(12)	(48)
Non-cash and other adjustments		0	(3)
Accrued balance, beginning of the period	0	0	$ 16
Total costs incurred to date as of July 31, 2021	1,817	1,817
Reflected in Consolidated Condensed Balance Sheets
Other current liabilities	$ 0	$ 0

Restructuring and Other Charges - Narrative (Details) employee in Thousands, $ in Millions		3 Months Ended		9 Months Ended
	Sep. 30, 2019 USD ($) employee	Jul. 31, 2021 USD ($)	Jul. 31, 2020 USD ($)	Jul. 31, 2021 USD ($)	Jul. 31, 2020 USD ($)
Restructuring Cost and Reserve [Line Items]
Other charges		$ 8	$ 13	$ 17	$ 100
Fiscal 2020 Plan
Restructuring Cost and Reserve [Line Items]
Estimated pre-tax charges	$ 1,000
Minimum \| Fiscal 2020 Plan
Restructuring Cost and Reserve [Line Items]
Expected positions to be eliminated \| employee	7
Maximum \| Fiscal 2020 Plan
Restructuring Cost and Reserve [Line Items]
Expected positions to be eliminated \| employee	9
Severance and EER \| Fiscal 2020 Plan
Restructuring Cost and Reserve [Line Items]
Estimated pre-tax charges	$ 800

Retirement and Post-Retirement Benefit Plans - Schedule of Pension and Post-Retirement Benefit (Credit) Cost (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Post-Retirement Benefit Plans
Retirement and post-retirement benefit plans
Service cost	$ 0	$ 0	$ 1	$ 1
Interest cost	2	3	6	8
Expected return on plan assets	(5)	(6)	(17)	(17)
Amortization and deferrals:
Actuarial loss (gain)	(4)	(3)	(12)	(8)
Prior service benefit	(2)	(3)	(8)	(9)
Net periodic benefit (credit) cost	(9)	(9)	(30)	(25)
Settlement loss	0	0	0	0
Special termination benefit cost			0	44
Total periodic benefit (credit) cost	(9)	(9)	(30)	19
U.S. \| Defined Benefit Plans
Retirement and post-retirement benefit plans
Service cost	0	0	0	0
Interest cost	76	103	228	309
Expected return on plan assets	(127)	(175)	(381)	(525)
Amortization and deferrals:
Actuarial loss (gain)	14	16	44	48
Prior service benefit	0	0	0	0
Net periodic benefit (credit) cost	(37)	(56)	(109)	(168)
Settlement loss	0	2	1	3
Special termination benefit cost			0	0
Total periodic benefit (credit) cost	(37)	(54)	(108)	(165)
Non-U.S. \| Defined Benefit Plans
Retirement and post-retirement benefit plans
Service cost	16	16	50	47
Interest cost	5	4	14	13
Expected return on plan assets	(13)	(10)	(37)	(31)
Amortization and deferrals:
Actuarial loss (gain)	13	11	40	32
Prior service benefit	(1)	(1)	(2)	(2)
Net periodic benefit (credit) cost	20	20	65	59
Settlement loss	0	0	0	0
Special termination benefit cost			0	0
Total periodic benefit (credit) cost	$ 20	$ 20	$ 65	$ 59

Retirement and Post-Retirement Benefit Plans - Narrative (Details) employee in Thousands, $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Aug. 31, 2021 USD ($) employee	Jul. 31, 2021 USD ($)	Jul. 31, 2020 USD ($)	Jul. 31, 2021 USD ($)	Jul. 31, 2020 USD ($)
Post-Retirement Benefit Plans
Retirement and post-retirement benefit plans
Anticipated contributions		$ 5		$ 5
Contributions to benefit plans				3
Settlement gain		0	$ 0	0	$ 0
Non-U.S. \| Defined Benefit Plans
Retirement and post-retirement benefit plans
Anticipated contributions		77		77
Contributions to benefit plans				50
Settlement gain		0	0	0	0
U.S. \| Non-qualified plan
Retirement and post-retirement benefit plans
Anticipated contributions		34		34
Contributions to benefit plans				21
U.S. \| Defined Benefit Plans
Retirement and post-retirement benefit plans
Settlement gain		$ 0	$ (2)	$ (1)	$ (3)
U.S. \| Defined Benefit Plans \| Subsequent event
Retirement and post-retirement benefit plans
Decrease in obligations	$ 5,200
Number of employees \| employee	41
Settlement gain	$ 40

Taxes on Earnings (Details) $ in Millions	3 Months Ended		9 Months Ended
Taxes on Earnings (Details) $ in Millions	Jul. 31, 2021 USD ($) country	Jul. 31, 2020 USD ($)	Jul. 31, 2021 USD ($) country	Jul. 31, 2020 USD ($)
Income Tax Disclosure [Abstract]
Effective tax rate (percent)	16.50%	2.20%	14.00%	11.40%
Net tax benefit	$ 21	$ 116	$ 150	$ 182
Tax benefits related to restructuring charges	9	20	45	75
Tax benefits related to filing of tax returns	23		30
Tax benefits related to audit settlements		102	10	143
Tax benefits related to internal reorganization			89
Uncertain tax position charges	13	3	25	54
Tax benefits related to acquisition charges		4		20
Unrecognized tax benefits	822		822
Unrecognized tax benefits that would affect effective tax rate if realized	653		653
Accrued income tax payable for interest and penalties	70	$ 37	$ 70	$ 37
Likelihood of no resolution period			12 months
Reasonably possible decrease in existing unrecognized tax benefits within the next 12 months	$ 98		$ 98
Other countries with income tax jurisdiction \| country	60		60

Supplementary Financial Information - Allowance for Doubtful Accounts (Details) $ in Millions	9 Months Ended
	Jul. 31, 2021 USD ($)
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 122
Current-period allowance for credit losses	9
Deductions, net of recoveries	(14)
Balance at end of period	$ 117

Supplementary Financial Information - Schedule of Transferred Trade Receivables Not Collected from Third Parties (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Trade Receivables Sold and Cash Received [Roll Forward]
Balance at beginning of period	$ 212	$ 124	$ 188	$ 235
Trade receivables sold	2,667	2,231	9,155	7,411
Cash receipts	(2,711)	(2,254)	(9,181)	(7,544)
Foreign currency and other	(2)	8	4	7
Balance at end of period	$ 166	$ 109	$ 166	$ 109

Supplementary Financial Information - Inventory (Details) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Finished goods	$ 4,187	$ 3,662
Purchased parts and fabricated assemblies	3,978	2,301
Inventory	$ 8,165	$ 5,963

Supplementary Financial Information - Other Current Assets (Details) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Supplier and other receivables	$ 2,218	$ 2,092
Prepaid and other current assets	1,031	1,104
Value-added taxes receivable	834	970
Available-for-sale investments	8	274
Other current assets	$ 4,091	$ 4,440

Supplementary Financial Information - Property Plant & Equipment (Details) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Property, Plant and Equipment, Net
Property, plant and equipment, gross	$ 7,427	$ 7,341
Accumulated depreciation	(4,927)	(4,714)
Property, plant and equipment, net	2,500	2,627
Land, buildings and leasehold improvements
Property, Plant and Equipment, Net
Property, plant and equipment, gross	2,168	2,066
Machinery and equipment, including equipment held for lease
Property, Plant and Equipment, Net
Property, plant and equipment, gross	$ 5,259	$ 5,275

Supplementary Financial Information - Other Non-Current Assets (Details) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Deferred tax assets	$ 2,581	$ 2,515
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other non-current assets	Other non-current assets
Right-of-use assets from operating leases, net	$ 1,114	$ 1,107
Deposits and prepaid	757	337
Intangible assets	741	540
Other	599	527
Other non-current assets	$ 5,792	$ 5,026

Supplementary Financial Information - Other Current Liabilities (Details) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Sales and marketing programs	$ 3,101	$ 3,185
Employee compensation and benefit	1,462	1,194
Deferred revenue	1,335	1,208
Other accrued taxes	1,020	1,051
Warranty	$ 752	$ 746
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other accrued liabilities	Other accrued liabilities
Operating lease liabilities	$ 330	$ 275
Tax liability	271	223
Other	3,284	2,960
Other accrued liabilities	$ 11,555	$ 10,842

Supplementary Financial Information - Other Non-Current Liabilities (Details) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Pension, post-retirement, and post-employment liabilities	$ 1,342	$ 1,576
Deferred revenue	$ 1,043	$ 1,072
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other non-current liabilities	Other non-current liabilities
Operating lease liabilities	$ 878	$ 904
Tax liability	751	746
Deferred tax liability	47	25
Other	839	823
Other non-current liabilities	$ 4,900	$ 5,146

Supplementary Financial Information - Interest and Other, Net (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Interest expense on borrowings	$ (68)	$ (55)	$ (193)	$ (176)
Loss on extinguishment of debt	(16)	(40)	(16)	(40)
Other, net	29	67	103	201
Interest and other, net	$ (55)	$ (28)	$ (106)	$ (15)

Supplementary Financial Information - Disaggregation of revenue (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Disaggregation of Revenue [Line Items]
Total net revenue	$ 15,289	$ 14,294	$ 46,812	$ 41,381
Americas
Disaggregation of Revenue [Line Items]
Total net revenue	7,006	6,229	20,746	17,393
Europe, Middle East and Africa
Disaggregation of Revenue [Line Items]
Total net revenue	5,004	4,725	16,267	14,611
Asia-Pacific and Japan
Disaggregation of Revenue [Line Items]
Total net revenue	$ 3,279	$ 3,340	$ 9,799	$ 9,377

- Definition

Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123596393&loc=d3e14064-108612

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 235
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-URI http://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442552-122756

Reference 22: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-URI http://asc.fasb.org/extlink&oid=124359900&loc=SL124442526-122756

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

+ Details

Supplementary Financial Information - Value of Remaining Performance Obligations (Details) $ in Billions	Jul. 31, 2021 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Remaining performance obligations	$ 3.8
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-08-01
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Remaining performance obligations	$ 1.8
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations period	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-08-01
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Remaining performance obligations	$ 2.0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations period

Supplementary Financial Information - Costs of Obtaining Contracts (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Jul. 31, 2021	Jul. 31, 2021	Oct. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Contract liability	$ 2,400	$ 2,400	$ 2,200
Revenue recognized		$ 900
Increase in estimate of transaction price	$ 350

Fair Value (Details) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Assets:
Cash Equivalents	$ 2,177	$ 3,932
Derivative Instruments	191	195
Liabilities:
Derivative Instruments	231	262
Fair value, short- and long-term debt	7,700	6,700
Carrying value, short- and long-term debt	7,100	6,200
Corporate debt
Assets:
Cash Equivalents	1,407	1,700
Financial institution instruments
Assets:
Cash Equivalents	0	59
Government debt
Assets:
Cash Equivalents	770	2,173
Fair Value Measured on a Recurring Basis
Assets:
Total assets	2,439	4,459
Liabilities:
Total liabilities	231	262
Fair Value Measured on a Recurring Basis \| Corporate debt
Assets:
Cash Equivalents	1,407	1,700
Available-for-Sale Investments	0	169
Fair Value Measured on a Recurring Basis \| Financial institution instruments
Assets:
Cash Equivalents	0	59
Available-for-Sale Investments	8	32
Fair Value Measured on a Recurring Basis \| Government debt
Assets:
Cash Equivalents	770	2,173
Available-for-Sale Investments	0	73
Fair Value Measured on a Recurring Basis \| Mutual funds
Assets:
Available-for-Sale Investments	63	58
Fair Value Measured on a Recurring Basis \| Interest rate contracts
Assets:
Derivative Instruments	2	4
Liabilities:
Derivative Instruments	6	3
Fair Value Measured on a Recurring Basis \| Foreign currency contracts
Assets:
Derivative Instruments	188	191
Liabilities:
Derivative Instruments	224	256
Fair Value Measured on a Recurring Basis \| Other derivatives
Assets:
Derivative Instruments	1	0
Liabilities:
Derivative Instruments	1	3
Fair Value Measured on a Recurring Basis \| Level 1
Assets:
Total assets	776	1,997
Liabilities:
Total liabilities	0	0
Fair Value Measured on a Recurring Basis \| Level 1 \| Corporate debt
Assets:
Cash Equivalents	0	0
Available-for-Sale Investments	0	0
Fair Value Measured on a Recurring Basis \| Level 1 \| Financial institution instruments
Assets:
Cash Equivalents	0	0
Available-for-Sale Investments	0	0
Fair Value Measured on a Recurring Basis \| Level 1 \| Government debt
Assets:
Cash Equivalents	770	1,992
Available-for-Sale Investments	0	0
Fair Value Measured on a Recurring Basis \| Level 1 \| Mutual funds
Assets:
Available-for-Sale Investments	6	5
Fair Value Measured on a Recurring Basis \| Level 1 \| Interest rate contracts
Assets:
Derivative Instruments	0	0
Liabilities:
Derivative Instruments	0	0
Fair Value Measured on a Recurring Basis \| Level 1 \| Foreign currency contracts
Assets:
Derivative Instruments	0	0
Liabilities:
Derivative Instruments	0	0
Fair Value Measured on a Recurring Basis \| Level 1 \| Other derivatives
Assets:
Derivative Instruments	0	0
Liabilities:
Derivative Instruments	0	0
Fair Value Measured on a Recurring Basis \| Level 2
Assets:
Total assets	1,663	2,462
Liabilities:
Total liabilities	231	262
Fair Value Measured on a Recurring Basis \| Level 2 \| Corporate debt
Assets:
Cash Equivalents	1,407	1,700
Available-for-Sale Investments	0	169
Fair Value Measured on a Recurring Basis \| Level 2 \| Financial institution instruments
Assets:
Cash Equivalents	0	59
Available-for-Sale Investments	8	32
Fair Value Measured on a Recurring Basis \| Level 2 \| Government debt
Assets:
Cash Equivalents	0	181
Available-for-Sale Investments	0	73
Fair Value Measured on a Recurring Basis \| Level 2 \| Mutual funds
Assets:
Available-for-Sale Investments	57	53
Fair Value Measured on a Recurring Basis \| Level 2 \| Interest rate contracts
Assets:
Derivative Instruments	2	4
Liabilities:
Derivative Instruments	6	3
Fair Value Measured on a Recurring Basis \| Level 2 \| Foreign currency contracts
Assets:
Derivative Instruments	188	191
Liabilities:
Derivative Instruments	224	256
Fair Value Measured on a Recurring Basis \| Level 2 \| Other derivatives
Assets:
Derivative Instruments	1	0
Liabilities:
Derivative Instruments	1	3
Fair Value Measured on a Recurring Basis \| Level 3
Assets:
Total assets	0	0
Liabilities:
Total liabilities	0	0
Fair Value Measured on a Recurring Basis \| Level 3 \| Corporate debt
Assets:
Cash Equivalents	0	0
Available-for-Sale Investments	0	0
Fair Value Measured on a Recurring Basis \| Level 3 \| Financial institution instruments
Assets:
Cash Equivalents	0	0
Available-for-Sale Investments	0	0
Fair Value Measured on a Recurring Basis \| Level 3 \| Government debt
Assets:
Cash Equivalents	0	0
Available-for-Sale Investments	0	0
Fair Value Measured on a Recurring Basis \| Level 3 \| Mutual funds
Assets:
Available-for-Sale Investments	0	0
Fair Value Measured on a Recurring Basis \| Level 3 \| Interest rate contracts
Assets:
Derivative Instruments	0	0
Liabilities:
Derivative Instruments	0	0
Fair Value Measured on a Recurring Basis \| Level 3 \| Foreign currency contracts
Assets:
Derivative Instruments	0	0
Liabilities:
Derivative Instruments	0	0
Fair Value Measured on a Recurring Basis \| Level 3 \| Other derivatives
Assets:
Derivative Instruments	0	0
Liabilities:
Derivative Instruments	$ 0	$ 0

Financial Instruments - Schedule of Cash Equivalents and Available-for-Sale Investments (Details) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Cash Equivalents:
Cost	$ 2,177	$ 3,932
Gross Unrealized Gain	0	0
Gross Unrealized Loss	0	0
Fair Value	2,177	3,932
Available-for-Sale Investments:
Cost	52	316
Gross Unrealized Gain	19	16
Gross Unrealized Loss	0	0
Fair Value	71	332
Total cash equivalents and available-for-sale investments, Cost	2,229	4,248
Total cash equivalents and available-for-sale investments, Gross Unrealized Gain	19	16
Total cash equivalents and available-for-sale investments, Gross Unrealized Loss	0	0
Total cash equivalents and available-for-sale investments, Fair Value	2,248	4,264
Corporate debt
Cash Equivalents:
Cost	1,407	1,700
Gross Unrealized Gain	0	0
Gross Unrealized Loss	0	0
Fair Value	1,407	1,700
Available-for-Sale Investments:
Debt securities, Cost	0	169
Debt securities, Gross Unrealized Gain	0	0
Debt securities, Gross Unrealized Loss	0	0
Debt securities, fair value	0	169
Financial institution instruments
Cash Equivalents:
Cost	0	59
Gross Unrealized Gain	0	0
Gross Unrealized Loss	0	0
Fair Value	0	59
Available-for-Sale Investments:
Debt securities, Cost	8	32
Debt securities, Gross Unrealized Gain	0	0
Debt securities, Gross Unrealized Loss	0	0
Debt securities, fair value	8	32
Government debt
Cash Equivalents:
Cost	770	2,173
Gross Unrealized Gain	0	0
Gross Unrealized Loss	0	0
Fair Value	770	2,173
Available-for-Sale Investments:
Debt securities, Cost	0	73
Debt securities, Gross Unrealized Gain	0	0
Debt securities, Gross Unrealized Loss	0	0
Debt securities, fair value	0	73
Mutual funds
Available-for-Sale Investments:
Equity securities, Cost	44	42
Equity securities, Gross Unrealized Gain	19	16
Equity securities, Gross Unrealized Loss	0	0
Equity securities, Fair Value	$ 63	$ 58

Financial Instruments - Schedule of Contractual Maturities of Available for-sale Debt Securities (Details) $ in Millions	Jul. 31, 2021 USD ($)
Amortized Cost
Due in one year	$ 8
Fair Value
Due in one year	$ 8

Financial Instruments - Narrative (Details) - USD ($)	9 Months Ended
Financial Instruments - Narrative (Details) - USD ($)	Jul. 31, 2021	Jun. 30, 2021	Oct. 31, 2020
Derivatives, Fair Value
Fair value of derivatives with credit contingent features in a net liability position	$ 95,000,000		$ 90,000,000
Period to collateralize	2 days
Notional amount	$ 23,955,000,000		21,997,000,000
Loss expected to be reclassified from Accumulated OCI into earnings in next 12 months	40,000,000
$1,150 issued at discount to par at a price of 99.769% in June 2020 at 2.2%, due June 2025
Derivatives, Fair Value
Face amount of debt instrument	1,150,000,000
Interest Rate Swap
Derivatives, Fair Value
Derivative terminated, notional amount	500,000,000
Derivative settlement, notional amount	250,000,000
Fair value hedges \| Interest Rate Swap
Derivatives, Fair Value
Notional amount	$ 375,000,000
Cash flow hedges
Derivatives, Fair Value
Foreign currency maturity	12 months
Cash flow hedges \| Forward Contracts
Derivatives, Fair Value
Notional amount	$ 1,750,000,000
Derivative settlement, notional amount		$ 750,000,000
Other Non-Current Assets \| Equity securities in privately held companies
Derivatives, Fair Value
Cost method and other equity investments	$ 53,000,000		$ 44,000,000

Financial Instruments - Schedule of Gross Notional and Fair Value of Derivative Financial Instruments in the Consolidated Condensed Balance Sheets (Details) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Derivatives, Fair Value
Outstanding Gross Notional	$ 23,955	$ 21,997
Gross derivative asset	191	195
Gross derivative liability	231	262
Other Current Assets
Derivatives, Fair Value
Gross derivative asset	157	165
Other Non-Current Assets
Derivatives, Fair Value
Gross derivative asset	34	30
Other Current Liabilities
Derivatives, Fair Value
Gross derivative liability	151	222
Other Non-Current Liabilities
Derivatives, Fair Value
Gross derivative liability	80	40
Derivatives designated as hedging instruments
Derivatives, Fair Value
Outstanding Gross Notional	18,281	16,536
Derivatives designated as hedging instruments \| Other Current Assets
Derivatives, Fair Value
Gross derivative asset	142	152
Derivatives designated as hedging instruments \| Other Non-Current Assets
Derivatives, Fair Value
Gross derivative asset	34	30
Derivatives designated as hedging instruments \| Other Current Liabilities
Derivatives, Fair Value
Gross derivative liability	135	199
Derivatives designated as hedging instruments \| Other Non-Current Liabilities
Derivatives, Fair Value
Gross derivative liability	80	40
Derivatives designated as hedging instruments \| Fair value hedges \| Interest rate contracts
Derivatives, Fair Value
Outstanding Gross Notional	750	875
Derivatives designated as hedging instruments \| Fair value hedges \| Interest rate contracts \| Other Current Assets
Derivatives, Fair Value
Gross derivative asset	0	4
Derivatives designated as hedging instruments \| Fair value hedges \| Interest rate contracts \| Other Non-Current Assets
Derivatives, Fair Value
Gross derivative asset	2	0
Derivatives designated as hedging instruments \| Fair value hedges \| Interest rate contracts \| Other Current Liabilities
Derivatives, Fair Value
Gross derivative liability	0	0
Derivatives designated as hedging instruments \| Fair value hedges \| Interest rate contracts \| Other Non-Current Liabilities
Derivatives, Fair Value
Gross derivative liability	6	3
Derivatives designated as hedging instruments \| Cash flow hedges \| Interest rate contracts
Derivatives, Fair Value
Outstanding Gross Notional	1,000	0
Derivatives designated as hedging instruments \| Cash flow hedges \| Interest rate contracts \| Other Current Assets
Derivatives, Fair Value
Gross derivative asset	0	0
Derivatives designated as hedging instruments \| Cash flow hedges \| Interest rate contracts \| Other Non-Current Assets
Derivatives, Fair Value
Gross derivative asset	0	0
Derivatives designated as hedging instruments \| Cash flow hedges \| Interest rate contracts \| Other Current Liabilities
Derivatives, Fair Value
Gross derivative liability	0	0
Derivatives designated as hedging instruments \| Cash flow hedges \| Interest rate contracts \| Other Non-Current Liabilities
Derivatives, Fair Value
Gross derivative liability	27	0
Derivatives designated as hedging instruments \| Cash flow hedges \| Foreign currency contracts
Derivatives, Fair Value
Outstanding Gross Notional	16,531	15,661
Derivatives designated as hedging instruments \| Cash flow hedges \| Foreign currency contracts \| Other Current Assets
Derivatives, Fair Value
Gross derivative asset	142	148
Derivatives designated as hedging instruments \| Cash flow hedges \| Foreign currency contracts \| Other Non-Current Assets
Derivatives, Fair Value
Gross derivative asset	32	30
Derivatives designated as hedging instruments \| Cash flow hedges \| Foreign currency contracts \| Other Current Liabilities
Derivatives, Fair Value
Gross derivative liability	135	199
Derivatives designated as hedging instruments \| Cash flow hedges \| Foreign currency contracts \| Other Non-Current Liabilities
Derivatives, Fair Value
Gross derivative liability	47	37
Derivatives not designated as hedging instruments
Derivatives, Fair Value
Outstanding Gross Notional	5,674	5,461
Derivatives not designated as hedging instruments \| Other Current Assets
Derivatives, Fair Value
Gross derivative asset	15	13
Derivatives not designated as hedging instruments \| Other Non-Current Assets
Derivatives, Fair Value
Gross derivative asset	0	0
Derivatives not designated as hedging instruments \| Other Current Liabilities
Derivatives, Fair Value
Gross derivative liability	16	23
Derivatives not designated as hedging instruments \| Other Non-Current Liabilities
Derivatives, Fair Value
Gross derivative liability	0	0
Derivatives not designated as hedging instruments \| Foreign currency contracts
Derivatives, Fair Value
Outstanding Gross Notional	5,519	5,319
Derivatives not designated as hedging instruments \| Foreign currency contracts \| Other Current Assets
Derivatives, Fair Value
Gross derivative asset	14	13
Derivatives not designated as hedging instruments \| Foreign currency contracts \| Other Non-Current Assets
Derivatives, Fair Value
Gross derivative asset	0	0
Derivatives not designated as hedging instruments \| Foreign currency contracts \| Other Current Liabilities
Derivatives, Fair Value
Gross derivative liability	15	20
Derivatives not designated as hedging instruments \| Foreign currency contracts \| Other Non-Current Liabilities
Derivatives, Fair Value
Gross derivative liability	0	0
Derivatives not designated as hedging instruments \| Other derivatives
Derivatives, Fair Value
Outstanding Gross Notional	155	142
Derivatives not designated as hedging instruments \| Other derivatives \| Other Current Assets
Derivatives, Fair Value
Gross derivative asset	1	0
Derivatives not designated as hedging instruments \| Other derivatives \| Other Non-Current Assets
Derivatives, Fair Value
Gross derivative asset	0	0
Derivatives not designated as hedging instruments \| Other derivatives \| Other Current Liabilities
Derivatives, Fair Value
Gross derivative liability	1	3
Derivatives not designated as hedging instruments \| Other derivatives \| Other Non-Current Liabilities
Derivatives, Fair Value
Gross derivative liability	$ 0	$ 0

Financial Instruments - Schedule of Information Related to the Potential Effect of Entity's Master Netting Agreements and Collateral Security Agreements (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2021	Oct. 31, 2020
Derivative assets
Gross Amount Recognized	$ 191	$ 195
Gross Amount Offset	0	0
Net Amount Presented	191	195
Gross Amounts Not Offset
Derivatives	133	156
Financial Collateral	34	4
Net Amount	24	35
Derivative liabilities
Gross derivative liability	231	262
Gross Amount Offset	0	0
Net Amount Presented	231	262
Gross Amounts Not Offset
Derivatives	133	156
Financial Collateral	75	130
Net Amount	$ 23	$ (24)
Period to collateralize	2 days

Financial Instruments - Schedule of Pre-Tax Effect of Derivative Instruments and Related Hedged Items in a Fair Value Hedging Relationship (Details) - Interest rate contracts - Interest and other, net - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Derivative Instruments, Gain (Loss)
Total amounts of income/(expense) line items in the statement of financial performance in which the effects of fair value hedges are recorded	$ (55)	$ (28)	$ (106)	$ (15)
Gain/(loss) recognized in earnings on derivative instruments	5	1	(5)	11
Gain/(loss) recognized in earnings on hedged item	$ (5)	$ (1)	$ 5	$ (11)

Financial Instruments - Schedule of Pre-Tax Effect of Derivative Instruments in Cash Flow Hedging Relationships (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Pre-tax effect of derivative instruments in cash flow hedging relationships
(Loss)/gain recognized in Accumulated other comprehensive loss on derivative	$ 133	$ (563)	$ (254)	$ (272)
Total amounts of income/(expense) line items in the statement of financial performance in which the effects of cash flow hedges are recorded	1,381	779	4,064	2,470
Gain/(loss) reclassified from Accumulated other comprehensive loss into earnings	(64)	130	(262)	242
Cash flow hedges
Pre-tax effect of derivative instruments in cash flow hedging relationships
Total amounts of income/(expense) line items in the statement of financial performance in which the effects of cash flow hedges are recorded	1,326	751	3,958	2,455
Gain/(loss) reclassified from Accumulated other comprehensive loss into earnings	(64)	130	(262)	242
Cash flow hedges \| Net revenue
Pre-tax effect of derivative instruments in cash flow hedging relationships
Total amounts of income/(expense) line items in the statement of financial performance in which the effects of cash flow hedges are recorded	15,289	14,294	46,812	41,381
Gain/(loss) reclassified from Accumulated other comprehensive loss into earnings	(57)	136	(246)	259
Cash flow hedges \| Cost of revenue
Pre-tax effect of derivative instruments in cash flow hedging relationships
Total amounts of income/(expense) line items in the statement of financial performance in which the effects of cash flow hedges are recorded	(11,901)	(11,901)	(36,660)	(33,623)
Gain/(loss) reclassified from Accumulated other comprehensive loss into earnings	(7)	(7)	(17)	(18)
Cash flow hedges \| Other operating expenses
Pre-tax effect of derivative instruments in cash flow hedging relationships
Total amounts of income/(expense) line items in the statement of financial performance in which the effects of cash flow hedges are recorded	(2,007)	(1,614)	(6,088)	(5,288)
Gain/(loss) reclassified from Accumulated other comprehensive loss into earnings	0	1	1	1
Cash flow hedges \| Interest and other, net
Pre-tax effect of derivative instruments in cash flow hedging relationships
Total amounts of income/(expense) line items in the statement of financial performance in which the effects of cash flow hedges are recorded	(55)	(28)	(106)	(15)
Gain/(loss) reclassified from Accumulated other comprehensive loss into earnings	0	0	0	0
Foreign currency contracts \| Cash flow hedges
Pre-tax effect of derivative instruments in cash flow hedging relationships
(Loss)/gain recognized in Accumulated other comprehensive loss on derivative	167	(567)	(220)	(268)
Interest rate contracts \| Cash flow hedges
Pre-tax effect of derivative instruments in cash flow hedging relationships
(Loss)/gain recognized in Accumulated other comprehensive loss on derivative	$ (34)	$ 4	$ (34)	$ (4)

Financial Instruments - Schedule of Pre-Tax Effect of Derivative Instruments not Designated as Hedging Instruments on the Consolidated Condensed Statements of Earnings (Details) - Interest and other, net - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Derivative Instruments, Gain (Loss)
Gain/(loss) recognized in earnings on derivative instrument	$ (35)	$ 57	$ (38)	$ 79
Foreign currency contracts
Derivative Instruments, Gain (Loss)
Gain/(loss) recognized in earnings on derivative instrument	(33)	46	(42)	63
Other derivatives
Derivative Instruments, Gain (Loss)
Gain/(loss) recognized in earnings on derivative instrument	$ (2)	$ 11	$ 4	$ 16

Borrowings - Schedule of Notes Payable and Short-Term Borrowings (Details) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Amount Outstanding
Current portion of long-term debt	$ 181	$ 633
Amount outstanding	$ 214	$ 674
Weighted-Average Interest Rate
Current portion of long-term debt	3.30%	4.00%
Notes payable to banks, lines of credit and other
Amount Outstanding
Amount outstanding	$ 33	$ 41
Weighted-Average Interest Rate
Notes payable to banks, lines of credit and other	1.60%	1.60%

Borrowings - Schedule of Long-Term Debt (Details) - USD ($)	Jul. 31, 2021	Jun. 30, 2021	Oct. 31, 2020
Long-term debt
Fair value adjustment related to hedged debt	$ (2,000,000)		$ 2,000,000
Unamortized debt issuance cost	(56,000,000)	$ (17,000,000)	(37,000,000)
Current portion of long-term debt	(181,000,000)		(633,000,000)
Total long-term debt	6,898,000,000		5,543,000,000
U.S. Dollar Global Notes
Long-term debt
Long-term debt	6,686,000,000		5,689,000,000
$1,000 issued at discount to par at a price of 99.816% in September 2011 at 4.375%, due September 2021
Long-term debt
Long-term debt	0		412,000,000
Face amount of debt instrument	$ 1,000,000,000
Discount to par (percent)	99.816%
Interest rate (percent)	4.375%
$1,500 issued at discount to par at a price of 99.707% in December 2011 at 4.65%, due December 2021
Long-term debt
Long-term debt	$ 0		586,000,000
Face amount of debt instrument	$ 1,500,000,000
Discount to par (percent)	99.707%
Interest rate (percent)	4.65%
$500 issued at discount to par at a price of 99.771% in March 2012 at 4.05%, due September 2022
Long-term debt
Long-term debt	$ 499,000,000		499,000,000
Face amount of debt instrument	$ 500,000,000
Discount to par (percent)	99.771%
Interest rate (percent)	4.05%
$1,200 issued at discount to par at a price of 99.863% in September 2011 at 6.00%, due September 2041
Long-term debt
Long-term debt	$ 1,199,000,000		1,199,000,000
Face amount of debt instrument	$ 1,200,000,000
Discount to par (percent)	99.863%
Interest rate (percent)	6.00%
$1,150 issued at discount to par at a price of 99.769% in June 2020 at 2.2%, due June 2025
Long-term debt
Long-term debt	$ 1,148,000,000		1,148,000,000
Face amount of debt instrument	$ 1,150,000,000
Discount to par (percent)	99.769%
Interest rate (percent)	2.20%
$1,000 issued at discount to par at a price of 99.718% in June 2020 at 3.0%, due June 2027
Long-term debt
Long-term debt	$ 997,000,000		997,000,000
Face amount of debt instrument	$ 1,000,000,000
Discount to par (percent)	99.718%
Interest rate (percent)	3.00%
$850 issued at discount to par at a price of 99.790% in June 2020 at 3.4%, due June 2030
Long-term debt
Long-term debt	$ 848,000,000		848,000,000
Face amount of debt instrument	$ 850,000,000
Discount to par (percent)	99.79%
Interest rate (percent)	3.40%
$1,000 issued at discount to par at a price of 99.808% in June 2021 at 1.45%, due June 2026
Long-term debt
Long-term debt	$ 999,000,000		0
Face amount of debt instrument	$ 1,000,000,000	$ 1,000,000,000
Discount to par (percent)	99.808%
Interest rate (percent)	1.45%	1.45%
$1,000 issued at discount to par at a price of 99.573% in June 2021 at 2.65%, due June 2031
Long-term debt
Long-term debt	$ 996,000,000		0
Face amount of debt instrument	$ 1,000,000,000	$ 1,000,000,000
Discount to par (percent)	99.573%
Interest rate (percent)	2.65%	2.65%
Other borrowings at 0.51-9.00%, due in calendar years 2021-2028
Long-term debt
Other borrowings at 0.51-9.00%, due in calendar years 2021-2028	$ 451,000,000		$ 522,000,000
Other borrowings at 0.51-9.00%, due in calendar years 2021-2028 \| Minimum
Long-term debt
Interest rate (percent)	0.51%
Other borrowings at 0.51-9.00%, due in calendar years 2021-2028 \| Maximum
Long-term debt
Interest rate (percent)	9.00%

Borrowings - Narrative (Details)		1 Months Ended	3 Months Ended		9 Months Ended
Borrowings - Narrative (Details)	May 25, 2021 USD ($)	Jul. 31, 2021 USD ($) commercial_paper_program	Jul. 31, 2021 USD ($) commercial_paper_program	Jul. 31, 2020 USD ($)	Jul. 31, 2021 USD ($) commercial_paper_program	Jul. 31, 2020 USD ($)	Jun. 30, 2021 USD ($)	Oct. 31, 2020 USD ($)
Line of Credit Facility [Line Items]
Issuance costs		$ 56,000,000	$ 56,000,000		$ 56,000,000		$ 17,000,000	$ 37,000,000
Loss on extinguishment of debt			$ 16,000,000	$ 40,000,000	$ 16,000,000	$ 40,000,000
Number of commercial paper programs \| commercial_paper_program		2	2		2
Forward Contracts \| Cash flow hedges
Line of Credit Facility [Line Items]
Derivative settlement, notional amount							750,000,000
Interest Rate Swap
Line of Credit Facility [Line Items]
Derivative settlement, notional amount		$ 250,000,000	$ 250,000,000		$ 250,000,000
Shelf Registration 2019
Line of Credit Facility [Line Items]
Face amount of debt instrument							2,000,000,000
$1,000 issued at discount to par at a price of 99.808% in June 2021 at 1.45%, due June 2026
Line of Credit Facility [Line Items]
Face amount of debt instrument		$ 1,000,000,000	$ 1,000,000,000		$ 1,000,000,000		$ 1,000,000,000
Interest rate (percent)		1.45%	1.45%		1.45%		1.45%
$1,000 issued at discount to par at a price of 99.573% in June 2021 at 2.65%, due June 2031
Line of Credit Facility [Line Items]
Face amount of debt instrument		$ 1,000,000,000	$ 1,000,000,000		$ 1,000,000,000		$ 1,000,000,000
Interest rate (percent)		2.65%	2.65%		2.65%		2.65%
$1,000 issued at discount to par at a price of 99.816% in September 2011 at 4.375%, due September 2021
Line of Credit Facility [Line Items]
Face amount of debt instrument		$ 1,000,000,000	$ 1,000,000,000		$ 1,000,000,000
Interest rate (percent)		4.375%	4.375%		4.375%
Redeemed amount		$ 400,000,000	$ 400,000,000		$ 400,000,000
$1,500 issued at discount to par at a price of 99.707% in December 2011 at 4.65%, due December 2021
Line of Credit Facility [Line Items]
Face amount of debt instrument		$ 1,500,000,000	$ 1,500,000,000		$ 1,500,000,000
Interest rate (percent)		4.65%	4.65%		4.65%
Redeemed amount		$ 600,000,000	$ 600,000,000		$ 600,000,000
Shelf Registration 2009 Due September 2021 And December 2021
Line of Credit Facility [Line Items]
Loss on extinguishment of debt		16,000,000
Commercial paper
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility		6,000,000,000	6,000,000,000		6,000,000,000
Revolving credit facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility		5,000,000,000	5,000,000,000		5,000,000,000
Revolving credit facility \| Senior Unsecured Committed Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility	$ 4,000,000,000
Revolving credit facility \| Revolving Credit Facility, 364-Day
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility	$ 1,000,000,000
Revolving credit facility, term	364 days
Credit facilities
Line of Credit Facility [Line Items]
Available borrowing resources		$ 575,000,000	$ 575,000,000		$ 575,000,000

Stockholders' Deficit - Narrative (Details) - USD ($) shares in Millions, $ in Millions	1 Months Ended		3 Months Ended		9 Months Ended
	Aug. 31, 2021	Aug. 31, 2020	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Stockholders' Equity Note [Abstract]
Repurchases of common stock (shares)			50.0	59.0	163.0	97.0
Payment in connection with repurchases of shares			$ 1,500	$ 1,000	$ 4,495	$ 1,767
Share repurchase authorization remaining			$ 8,200		$ 8,200
Subsequent Event [Line Items]
Shares settled (in shares)		2.8
Subsequent event
Subsequent Event [Line Items]
Shares settled (in shares)	1.8

Stockholders' Deficit - Tax Effects Related to Other Comprehensive (Loss) Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Components of accumulated other comprehensive income, net of taxes
Tax (provision) benefit on other comprehensive income (loss)	$ (32)	$ 104	$ (41)	$ 71
Tax provision on unrealized gains arising during the period
Components of accumulated other comprehensive income, net of taxes
Tax effects on change arising during the period	0	0	(1)	0
Net unrealized (losses) gains on cash flow hedges
Components of accumulated other comprehensive income, net of taxes
Tax effects on change arising during the period	(22)	83	18	34
Tax effects on reclassification into earnings	(4)	25	(25)	51
Tax (provision) benefit on other comprehensive income (loss)	(26)	108	(7)	85
Tax benefit (provision) on (losses) gains arising during the period
Components of accumulated other comprehensive income, net of taxes
Tax effects on change arising during the period	0	1	(11)	1
Tax benefit on amortization of actuarial loss and prior service benefit
Components of accumulated other comprehensive income, net of taxes
Tax effects on reclassification into earnings	(4)	(5)	(14)	(15)
Unrealized components of defined benefit plans
Components of accumulated other comprehensive income, net of taxes
Tax (provision) benefit on other comprehensive income (loss)	(4)	(4)	(25)	(14)
Change in cumulative translation adjustment
Components of accumulated other comprehensive income, net of taxes
Tax (provision) benefit on other comprehensive income (loss)	$ (2)	$ 0	$ (8)	$ 0

Stockholders' Deficit - Changes and Reclassifications Related to Other Comprehensive Income, Net of Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized gains arising during the period			$ (176)
Losses (gains) reclassified into earnings			285
Other comprehensive income (loss), net of taxes	$ 187	$ (555)	110	$ (380)
Change in unrealized gains (losses) on available-for-sale securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized gains arising during the period	1	2	4	1
Losses (gains) reclassified into earnings			0
Net unrealized (losses) gains on cash flow hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized gains arising during the period	111	(480)	(236)	(238)
Losses (gains) reclassified into earnings	60	(105)	237	(191)
Other comprehensive income (loss), net of taxes	171	(585)	1	(429)
Tax benefit (provision) on (losses) gains arising during the period
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized gains arising during the period	(1)	(4)	29	(5)
Tax benefit on amortization of actuarial loss and prior service benefit
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Losses (gains) reclassified into earnings	16	15	48	46
Curtailments, settlements and other
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Losses (gains) reclassified into earnings	0	2	1	3
Change in unrealized components of defined benefit plans
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized gains arising during the period			29
Losses (gains) reclassified into earnings			48
Other comprehensive income (loss), net of taxes	15	13	78	44
Change in cumulative translation adjustment
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized gains arising during the period			27
Losses (gains) reclassified into earnings			0
Change in cumulative translation adjustment	$ 0	$ 15	$ 27	$ 4

Stockholders' Deficit - Accumulated Other Comprehensive Loss, Net of Taxes (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Components of accumulated other comprehensive income, net of taxes
Balance at beginning of period			$ (2,228)
Other comprehensive income (loss) before reclassifications			(176)
Reclassifications of losses into earnings			285
Balance at end of period	$ (3,942)		(3,942)
Accumulated other comprehensive loss
Components of accumulated other comprehensive income, net of taxes
Balance at beginning of period			(1,243)
Balance at end of period	(1,133)		(1,133)
Net unrealized gains on available-for-sale debt securities
Components of accumulated other comprehensive income, net of taxes
Balance at beginning of period			11
Other comprehensive income (loss) before reclassifications	1	$ 2	4	$ 1
Reclassifications of losses into earnings			0
Balance at end of period	15		15
Net unrealized (losses) gains on cash flow hedges
Components of accumulated other comprehensive income, net of taxes
Balance at beginning of period			(66)
Other comprehensive income (loss) before reclassifications	111	(480)	(236)	(238)
Reclassifications of losses into earnings	60	$ (105)	237	$ (191)
Balance at end of period	(65)		(65)
Unrealized components of defined benefit plans
Components of accumulated other comprehensive income, net of taxes
Balance at beginning of period			(1,190)
Other comprehensive income (loss) before reclassifications			29
Reclassifications of losses into earnings			48
Balance at end of period	(1,112)		(1,112)
Reclassifications of settlements into earnings
Components of accumulated other comprehensive income, net of taxes
Reclassifications of losses into earnings			1
Change in cumulative translation adjustment
Components of accumulated other comprehensive income, net of taxes
Balance at beginning of period			2
Other comprehensive income (loss) before reclassifications			27
Reclassifications of losses into earnings			0
Balance at end of period	$ 29		$ 29

Net Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2021	Jul. 31, 2020	Jul. 31, 2021	Jul. 31, 2020
Numerator:
Net earnings	$ 1,108	$ 734	$ 3,404	$ 2,176
Denominator:
Weighted-average shares used to compute basic net EPS (shares)	1,185	1,417	1,235	1,435
Dilutive effect of employee stock plans (shares)	14	6	12	6
Weighted-average shares used to compute diluted net EPS (shares)	1,199	1,423	1,247	1,441
Net earnings per share:
Basic (usd per share)	$ 0.94	$ 0.52	$ 2.76	$ 1.52
Diluted (usd per share)	$ 0.92	$ 0.52	$ 2.73	$ 1.51
Anti-dilutive weighted average stock-based compensation awards (shares)	0	15	2	13

Litigation and Contingencies (Details) € in Millions, $ in Millions																		1 Months Ended	9 Months Ended
	Apr. 13, 2021 plaintiff	Dec. 17, 2020 case	Dec. 07, 2020 EUR (€) Claim	Nov. 11, 2020 patent	Sep. 18, 2020 patent	Dec. 12, 2019 patent	Sep. 20, 2019 patent case	Jun. 11, 2019 case patent	Nov. 23, 2016 plaintiff	Aug. 18, 2016 age	Jun. 30, 2016 USD ($)	Oct. 01, 2015 USD ($)	Apr. 17, 2015 USD ($) employee subsidiary	Jan. 24, 2013 USD ($)	Dec. 11, 2012 USD ($)	Apr. 21, 2012 USD ($)	May 10, 2010 USD ($) employee	Sep. 30, 2020 patent case	Jul. 31, 2021 patent	Jan. 14, 2021 patent	Mar. 25, 2020 case	Jan. 23, 2020 case	Apr. 20, 2012 USD ($)	Apr. 11, 2012 USD ($)
Forsyth, et al. v. HP Inc. and Hewlett Packard Enterprise
Litigation and Contingencies
Minimum age of plaintiff \| age										40
Number of opt-in plaintiffs \| plaintiff	36
India Directorate of Revenue Intelligence Proceedings
Litigation and Contingencies
Number of current employees \| employee																	7
Number of former employee \| employee																	1
Aggregate damages sought																	$ 370
Loss contingency deposit to prevent interruption of business																	$ 16
Duties and penalties under show cause notices																							$ 17	$ 386
Amount deposited under show cause notice prior to order																							$ 7	$ 9
Additional amount deposited against products-related show cause notice															$ 10
Additional amount deposited against parts-related show cause notice																$ 3
Additional amount deposited against product order														$ 24
Autonomy-Related Legal Matters \| Autonomy
Litigation and Contingencies
Aggregate damages sought													$ 5,000
Number of subsidiaries \| subsidiary													4
Number of members \| employee													2
Autonomy-Related Legal Matters \| Autonomy \| Mr. Lynch
Litigation and Contingencies
Aggregate damages sought												$ 160
Oracle Corporation v. HP
Litigation and Contingencies
Damages awarded											$ 3,000
Oracle Corporation v. HP \| Past lost profits
Litigation and Contingencies
Damages awarded											1,700
Oracle Corporation v. HP \| Future lost profits
Litigation and Contingencies
Damages awarded											$ 1,300
Slingshot Printing LLC Litigation
Litigation and Contingencies
Purported consumer class actions filed \| case							4	3													5	5
Patents allegedly infringed \| patent							32	16										2	31
Amended claims \| case							3
Cases dismissed \| patent						1
New claims filed \| case																		2
Number of patents petitions granted \| patent																				4
Philips Patent Litigation
Litigation and Contingencies
Patents allegedly infringed \| patent					4
Caltech Patent Litigation
Litigation and Contingencies
Patents allegedly infringed \| patent				5
123Inkt Foundation Litigation
Litigation and Contingencies
Number of plaintiffs \| plaintiff									960
Italy Consumer Protection Investigation
Litigation and Contingencies
Number of unfair commercial practices \| Claim			2
Settlement amount awarded to other party \| €			€ 10
Number of days to file compliance report			60 days
Number of days to publish corrective statement			120 days
Number of days to amend packaging			120 days
Italy Consumer Protection Investigation, Unfair Practice One
Litigation and Contingencies
Settlement amount awarded to other party \| €			€ 5
Italy Consumer Protection Investigation, Unfair Practice Two
Litigation and Contingencies
Settlement amount awarded to other party \| €			€ 5
Mobile Emergency Housing Corp v. HP, Inc.
Litigation and Contingencies
New claims filed \| case		7

Guarantees, Indemnifications and Warranties (Details) $ in Millions	9 Months Ended
	Jul. 31, 2021 USD ($)
Changes in aggregated product warranty liabilities
Balance at beginning of period	$ 993
Accruals for warranties issued	753
Adjustments related to pre-existing warranties (including changes in estimates)	16
Settlements made (in cash or in kind)	(777)
Balance at end of period	$ 985

Commitments (Details) $ in Millions	Jul. 31, 2021 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Unconditional purchase obligations	$ 6,815
Fiscal year
2021	692
2022	2,328
2023	2,276
2024	1,431
2025	70
Thereafter	18
Total	$ 6,815

Acquisitions (Details) - USD ($) $ in Millions	Jun. 01, 2021	Jul. 31, 2021	Oct. 31, 2020
Business Acquisition [Line Items]
Goodwill		$ 6,628	$ 6,380
HyperX
Business Acquisition [Line Items]
Goodwill	$ 101
Amortizable intangible assets	208
Net assets assumed	103
Total fair value of consideration	$ 412

Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2021	Oct. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Gross	$ 1,341	$ 1,029
Accumulated Amortization	600	489
Total	741	540
Customer contracts, customer lists and distribution agreements
Finite-Lived Intangible Assets [Line Items]
Gross	479	382
Accumulated Amortization	189	149
Total	$ 290	233
Weighted-Average Useful Life	2 years
Technology and patents
Finite-Lived Intangible Assets [Line Items]
Gross	$ 764	621
Accumulated Amortization	399	332
Total	$ 365	289
Weighted-Average Useful Life	7 years
Trade name and trademarks
Finite-Lived Intangible Assets [Line Items]
Gross	$ 98	26
Accumulated Amortization	12	8
Total	$ 86	$ 18
Weighted-Average Useful Life	15 years

Intangible Assets - Schedule of Estimated Future Amortization Expense (Details) - USD ($) $ in Millions	Jul. 31, 2021	Oct. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
2021	$ 49
2022	184
2023	139
2024	105
2025	62
Thereafter	202
Total	$ 741	$ 540