v3.6.0.2

Consolidated and Combined Statements of Earnings - USD ($) shares in Millions, $ in Millions |  | 12 Months Ended
--- | --- | ---
Nov. 01, 2015 | Oct. 31, 2016 | Oct. 31, 2015 | Oct. 31, 2014
Net revenue: |  |  |  |  |
Products |  |  | $ 19,250 | $ 19,635 | $ 19,171
Services |  |  | 30,509 | 32,111 | 35,551
Financing income |  |  | 364 | 361 | 401
Total net revenue |  |  | 50,123 | 52,107 | 55,123
Costs and expenses: |  |  |  |  |
Cost of products |  |  | 12,715 | 12,978 | 12,394
Cost of services |  |  | 22,543 | 23,950 | 26,815
Financing interest |  |  | 249 | 240 | 277
Research and development |  |  | 2,298 | 2,338 | 2,197
Selling, general and administrative |  |  | 7,821 | 8,025 | 8,717
Amortization of intangible assets |  |  | 755 | 852 | 906
Restructuring charges |  |  | 1,236 | 954 | 1,471
Acquisition and other related charges |  |  | 178 | 89 | 11
Separation costs |  |  | 598 | 797 | 0
Defined benefit plan settlement charges |  |  | 0 | 225 | 0
Impairment of data center assets |  |  | 0 | 136 | 0
Gain on H3C and MphasiS divestitures |  |  | (2,420) | 0 | 0
Total costs and expenses |  |  | 45,973 | 50,584 | 52,788
Earnings from operations |  |  | 4,150 | 1,523 | 2,335
Interest and other, net |  |  | (312) | (51) | (91)
Tax indemnification adjustments |  |  | 317 | 0 | 0
Loss from equity interests |  |  | (76) | (2) | 0
Earnings before taxes |  |  | 4,079 | 1,470 | 2,244
(Provision) benefit for taxes |  |  | (918) | 991 | (596)
Net earnings |  |  | $ 3,161 | $ 2,461 | $ 1,648
Net earnings per share: |  |  |  |  |
Basic (in dollars per share) | [1] |  | $ 1.84 | $ 1.36 | $ 0.91
Diluted (in dollars per share) | [1] |  | 1.82 | 1.34 | 0.90
Cash dividends declared per share (in dollars per share) |  |  | $ 0.22 | $ 0.00 | $ 0.00
Weighted-average shares used to compute net earnings per share: |  |  |  |  |
Basic (in shares) | [1] |  | 1,715 | 1,804 | 1,804
Diluted (in shares) | [1] |  | 1,739 | 1,834 | 1,834
Former Parent Company |  |  |  |  |
Distributed (in shares) |  | 1,800 |  |  |
[1] | On November 1, 2015, HP Inc. (formerly Hewlett-Packard Company) distributed a total of 1.8 billion shares of Hewlett Packard Enterprise common stock to HP Inc. stockholders as of the record date. The number of shares used to compute basic and diluted net earnings per share ("EPS") for the period ended October 31, 2015 is used for the calculation of net EPS for October 31, 2014. See Note 16, "Net Earnings Per Share", for further details.

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- Definition Aggregate revenue during the period from services rendered in the normal course of business, after deducting allowances and discounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1(d)) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -SubTopic 10 -Section 30 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=51677171&loc=d3e3636-108311 + Details
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1505-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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