Discontinued Operations On April 1, 2017 and September 1, 2017, the Company completed the Everett and Seattle Transactions, respectively. As a result, the financial results of Everett and Seattle are presented as Net loss from discontinued operations in the Condensed Consolidated Statements of Earnings.
The following table presents the financial results for HPE's discontinued operations. | | | | | | | | | | | | | | | | | | Three Months Ended
July 31, | | Nine Months Ended
July 31, | | 2018 | | 2017 | | 2018 | | 2017 | | In millions | Net revenue | $ | — |
| | $ | 708 |
| | $ | — |
| | $ | 8,337 |
| Cost of revenue(1) | — |
| | 218 |
| | — |
| | 5,838 |
| Expenses(2) | — |
| | 647 |
| | 51 |
| | 2,888 |
| Interest and other, net(3) | — |
| | 10 |
| | 68 |
| | 13 |
| Loss from discontinued operations before taxes | — |
| | (167 | ) | | (119 | ) | | (402 | ) | (Provision) benefit for taxes | (1 | ) | | 47 |
| | — |
| | 164 |
| Net loss from discontinued operations | $ | (1 | ) | | $ | (120 | ) | | $ | (119 | ) | | $ | (238 | ) |
| | (1) | Cost of revenue includes cost of products and services. |
| | (2) | Expenses for the nine months ended July 31, 2018 primarily consist of separation costs. Expenses for the three and nine months ended July 31, 2017 primarily consist of selling, general and administrative (“SG&A”) expenses, research and development (“R&D”) expenses, restructuring charges, separation costs, amortization of intangible assets, acquisition and other related charges, and defined benefit plan settlement charges and remeasurement (benefit). |
| | (3) | Interest and other, net for the nine months ended July 31, 2018 primarily consists of tax indemnification adjustments in connection with the Everett and Seattle Transactions. |
For the three and nine months ended July 31, 2017, significant non-cash items of discontinued operations consisted of depreciation and amortization of $44 million and $514 million, respectively. For the nine months ended July 31, 2017, purchases of property, plant and equipment of discontinued operations consisted of $153 million. |