Segment Information (Tables)
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6 Months Ended |
Apr. 30, 2017 |
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| Segment Reporting [Abstract] |
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| Schedule of Revenue and Earnings from Operations, by Segment |
Segment Operating Results from Continuing Operations | | | | | | | | | | | | | | | | | | | | | | Enterprise Group | | Software | | Financial Services | | Corporate Investments | | Total | | In millions | Three months ended April 30, 2017 | |
| | |
| | |
| | |
| | |
| Net revenue | $ | 5,943 |
| | $ | 637 |
| | $ | 865 |
| | $ | — |
| | $ | 7,445 |
| Intersegment net revenue and other(1) | 300 |
| | 48 |
| | 7 |
| | — |
| | 355 |
| Total segment net revenue | $ | 6,243 |
| | $ | 685 |
| | $ | 872 |
| | $ | — |
| | $ | 7,800 |
| Segment earnings (loss) from operations | $ | 548 |
| | $ | 181 |
| | $ | 78 |
| | $ | (38 | ) | | $ | 769 |
| Three months ended April 30, 2016 | |
| | |
| | |
| | |
| | |
| Net revenue | $ | 6,870 |
| | $ | 703 |
| | $ | 764 |
| | $ | 172 |
| | $ | 8,509 |
| Intersegment net revenue and other(1) | 289 |
| | 71 |
| | 24 |
| | — |
| | 384 |
| Total segment net revenue | $ | 7,159 |
| | $ | 774 |
| | $ | 788 |
| | $ | 172 |
| | $ | 8,893 |
| Segment earnings (loss) from operations | $ | 847 |
| | $ | 192 |
| | $ | 73 |
| | $ | (59 | ) | | $ | 1,053 |
| Six months ended April 30, 2017 | |
| | |
| | |
| | |
| | |
| Net revenue | $ | 12,041 |
| | $ | 1,291 |
| | $ | 1,669 |
| | $ | — |
| | $ | 15,001 |
| Intersegment net revenue and other(1) | 527 |
| | 115 |
| | 26 |
| | — |
| | 668 |
| Total segment net revenue | $ | 12,568 |
| | $ | 1,406 |
| | $ | 1,695 |
| | $ | — |
| | $ | 15,669 |
| Segment earnings (loss) from operations | $ | 1,350 |
| | $ | 335 |
| | $ | 156 |
| | $ | (81 | ) | | $ | 1,760 |
| Six months ended April 30, 2016 | |
| | |
| | |
| | |
| | |
| Net revenue | $ | 13,752 |
| | $ | 1,423 |
| | $ | 1,518 |
| | $ | 348 |
| | $ | 17,041 |
| Intersegment net revenue and other(1) | 589 |
| | 131 |
| | 46 |
| | — |
| | 766 |
| Total segment net revenue | $ | 14,341 |
| | $ | 1,554 |
| | $ | 1,564 |
| | $ | 348 |
| | $ | 17,807 |
| Segment earnings (loss) from operations | $ | 1,811 |
| | $ | 328 |
| | $ | 173 |
| | $ | (135 | ) | | $ | 2,177 |
|
| | (1) | Other includes adjustments for sales to the former ES segment which, prior to the completion of the Everett Transaction, were reflected as intersegment net revenue. For the three and six months ended April 30, 2017 and April 30, 2016, the amounts include the elimination of intercompany sales to the former ES segment, which is included within Net loss from discontinued operations in the Condensed Consolidated Statements of Earnings. |
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| Schedule of reconciliation of revenues and earnings before taxes from segments to consolidated and combined |
The reconciliation of segment operating results to Hewlett Packard Enterprise condensed consolidated results was as follows: | | | | | | | | | | | | | | | | | | Three Months Ended
April 30, | | Six Months Ended
April 30, | | 2017 | | 2016 | | 2017 | | 2016 | | In millions | Net Revenue: | |
| | |
| | |
| | |
| Total segments | $ | 7,800 |
| | $ | 8,893 |
| | $ | 15,669 |
| | $ | 17,807 |
| Elimination of intersegment net revenue and other | (355 | ) | | (384 | ) | | (668 | ) | | (766 | ) | Total Hewlett Packard Enterprise condensed consolidated net revenue | $ | 7,445 |
| | $ | 8,509 |
| | $ | 15,001 |
| | $ | 17,041 |
| Earnings before taxes: | |
| | |
| | |
| | |
| Total segment earnings from operations | $ | 769 |
| | $ | 1,053 |
| | $ | 1,760 |
| | $ | 2,177 |
| Corporate and unallocated costs and eliminations | (90 | ) | | (177 | ) | | (161 | ) | | (301 | ) | Stock-based compensation expense | (96 | ) | | (103 | ) | | (219 | ) | | (230 | ) | Amortization of intangible assets | (107 | ) | | (101 | ) | | (208 | ) | | (220 | ) | Restructuring charges | (118 | ) | | (87 | ) | | (234 | ) | | (253 | ) | Acquisition and other related charges | (51 | ) | | (43 | ) | | (95 | ) | | (80 | ) | Separation costs | (141 | ) | | (91 | ) | | (226 | ) | | (170 | ) | Defined benefit plan settlement charges and remeasurement benefit | 16 |
| | — |
| | 21 |
| | — |
| Interest and other, net | (85 | ) | | (52 | ) | | (163 | ) | | (126 | ) | Tax indemnification adjustments | 7 |
| | (69 | ) | | (11 | ) | | (54 | ) | Loss from equity interests | (3 | ) | | — |
| | (25 | ) | | — |
| Total Hewlett Packard Enterprise condensed consolidated earnings from continuing operations before taxes | $ | 101 |
| | $ | 330 |
| | $ | 439 |
| | $ | 743 |
|
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| Schedule of net revenue by segment and business unit |
Net revenue by segment and business unit was as follows: | | | | | | | | | | | | | | | | | | Three Months Ended
April 30, | | Six Months Ended
April 30, | | 2017 | | 2016 | | 2017 | | 2016 | | In millions | Servers | $ | 2,991 |
| | $ | 3,498 |
| | $ | 6,094 |
| | $ | 7,034 |
| Technology Services | 1,971 |
| | 2,019 |
| | 3,914 |
| | 4,004 |
| Storage | 699 |
| | 808 |
| | 1,429 |
| | 1,645 |
| Networking | 582 |
| | 834 |
| | 1,131 |
| | 1,658 |
| Enterprise Group | 6,243 |
| | 7,159 |
| | 12,568 |
| | 14,341 |
| Software | 685 |
| | 774 |
| | 1,406 |
| | 1,554 |
| Financial Services | 872 |
| | 788 |
| | 1,695 |
| | 1,564 |
| Corporate Investments | — |
| | 172 |
| | — |
| | 348 |
| Total segment net revenue | 7,800 |
| | 8,893 |
| | 15,669 |
| | 17,807 |
| Elimination of intersegment net revenue and other | (355 | ) | | (384 | ) | | (668 | ) | | (766 | ) | Total Hewlett Packard Enterprise condensed consolidated net revenue | $ | 7,445 |
| | $ | 8,509 |
| | $ | 15,001 |
| | $ | 17,041 |
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