Organization, Consolidation and Presentation of Financial Statements (Tables)

12 Months Ended

Oct. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of weighted average assumptions used to calculate net benefit (credit) cost

The following table provides the impact changes in the weighted-average assumptions of discount rates, the expected increase in compensation levels and the expected long-term return on plan assets would have had on the net periodic benefit cost for fiscal 2021:


	Change in basis points	Change in Net Periodic Benefit Cost
		In millions
Assumptions:
Discount rate	(25)	$	23
Expected increase in compensation levels	25	$	5
Expected long-term return on plan assets	(25)	$	35

The weighted-average assumptions used to calculate the net benefit cost (credit) in the table above for fiscal 2021, 2020 and 2019 were as follows:


	As of October 31,
	2021		2020		2019		2021		2020		2019
	Defined Benefit Plans						Post-Retirement Benefit Plans
Discount rate used to determine benefit obligation	1.0	%	1.2	%	2.1	%	2.8	%	3.4	%	4.9	%
Discount rate used to determine service cost	1.3	%	1.6	%	2.3	%	2.6	%	3.0	%	4.4	%
Discount rate used to determine interest cost	0.8	%	1.0	%	1.8	%	2.3	%	3.2	%	4.7	%
Expected increase in compensation levels	2.5	%	2.5	%	2.5	%	—		—		—
Expected long-term return on plan assets	3.3	%	4.1	%	4.3	%	2.3	%	2.3	%	2.6	%
Interest crediting rate(1)	2.5	%	2.5	%	2.5	%	2.7	%	3.7	%	3.7	%

(1)The average assumed interest credited for HPE's cash balance plans and postretirement plans, as applicable.