| Schedule of notes payable and short-term borrowings, including the current portion of long-term debt |
Notes payable and short-term borrowings, including the current portion of long-term debt, were as follows: | | | | | | | | | | | | | | | | As of | | April 30, 2017 | | October 31, 2016 | | Amount Outstanding | | Weighted-Average Interest Rate | | Amount Outstanding | | Weighted-Average Interest Rate | | Dollars in millions | Current portion of long-term debt | $ | 1,217 |
| | 2.6 | % | | $ | 2,772 |
| | 1.7 | % | FS Commercial paper | 343 |
| | — | % | | 326 |
| | 0.1 | % | Notes payable to banks, lines of credit and other(1) | 450 |
| | 2.2 | % | | 429 |
| | 2.0 | % | Total notes payable and short-term borrowings | $ | 2,010 |
| | |
| | $ | 3,527 |
| | |
|
| | (1) | Notes payable to banks, lines of credit and other includes $404 million and $381 million at April 30, 2017 and October 31, 2016, respectively, of borrowing- and funding-related activity associated with FS and its subsidiaries. |
|
| Schedule of Long-Term Debt |
Long-Term Debt | | | | | | | | | | As of | | April 30, 2017 | | October 31, 2016 | | In millions | Hewlett Packard Enterprise Senior Notes(1) | |
| | |
| $2,250 issued at discount to par at a price of 99.944% in October 2015 at 2.45%, due October 5, 2017, interest payable semi-annually on April 5 and October 5 of each year | $ | 750 |
| | $ | 2,249 |
| $2,650 issued at discount to par at a price of 99.872% in October 2015 at 2.85%, due October 5, 2018, interest payable semi-annually on April 5 and October 5 of each year | 2,648 |
| | 2,648 |
| $3,000 issued at discount to par at a price of 99.972% in October 2015 at 3.6%, due October 15, 2020, interest payable semi-annually on April 15 and October 15 of each year | 2,999 |
| | 2,999 |
| $1,350 issued at discount to par at a price of 99.802% in October 2015 at 4.4%, due October 15, 2022, interest payable semi-annually on April 15 and October 15 of each year | 1,348 |
| | 1,348 |
| $2,500 issued at discount to par at a price of 99.725% in October 2015 at 4.9%, due October 15, 2025, interest payable semi-annually on April 15 and October 15 of each year | 2,494 |
| | 2,494 |
| $750 issued at discount to par at a price of 99.942% in October 2015 at 6.2%, due October 15, 2035, interest payable semi-annually on April 15 and October 15 of each year | 750 |
| | 750 |
| $1,500 issued at discount to par at a price of 99.932% in October 2015 at 6.35%, due October 15, 2045, interest payable semi-annually on April 15 and October 15 of each year | 1,499 |
| | 1,499 |
| $350 issued at par in October 2015 at three-month USD LIBOR plus 1.74%, due October 5, 2017, interest payable quarterly on January 5, April 5, July 5 and October 5 of each year | 350 |
| | 350 |
| $250 issued at par in October 2015 at three-month USD LIBOR plus 1.93%, due October 5, 2018, interest payable quarterly on January 5, April 5, July 5 and October 5 of each year | 250 |
| | 250 |
| Other, including capital lease obligations, at 0.00%-6.05%, due in calendar years 2017-2021(2) | 202 |
| | 300 |
| Fair value adjustment related to hedged debt | (122 | ) | | 103 |
| Unamortized debt issuance costs(3) | (47 | ) | | (50 | ) | Less: current portion | (1,217 | ) | | (2,772 | ) | Total long-term debt | $ | 11,904 |
| | $ | 12,168 |
|
| | (1) | The Company may redeem some or all of the fixed-rate Hewlett Packard Enterprise Senior Notes at any time in accordance with the terms thereof. |
| | (2) | Other, including capital lease obligations includes $136 million and $181 million as of April 30, 2017 and October 31, 2016, respectively, of borrowing- and funding-related activity associated with FS and its subsidiaries that are collateralized by receivables and underlying assets associated with the related capital and operating leases. For both the periods presented, the carrying amount of the assets approximated the carrying amount of the borrowings. |
| | (3) | In April 2015, the FASB issued ASU 2015-03, which simplifies the presentation of debt issuance costs by requiring debt issuance costs to be presented as a deduction from the corresponding debt liability rather than an asset that is amortized. During the first quarter of fiscal 2017, the Company adopted the standard retrospectively for the prior period presented. |
|