XML 31 R14.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Supplementary Financial Information | 12 Months Ended
--- | ---
Oct. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Supplementary Financial Information | Supplementary Financial Information Accounts Receivable, net
| As of October 31
| 2018 |  | 2017
| In millions
Accounts receivable | $ | 5,242 |  |  | $ | 4,515 |
Allowance for doubtful accounts | (129 | ) |  | (101 | )
| $ | 5,113 |  |  | $ | 4,414 |
The allowance for doubtful accounts related to accounts receivable and changes were as follows:
| As of October 31
| 2018 |  | 2017 |  | 2016
| In millions
Balance at beginning of year | $ | 101 |  |  | $ | 107 |  |  | $ | 80 |
Provision for doubtful accounts | 57 |  |  | 30 |  |  | 65 |
Deductions, net of recoveries | (29 | ) |  | (36 | ) |  | (38 | )
Balance at end of year | $ | 129 |  |  | $ | 101 |  |  | $ | 107 |
HP has third-party arrangements, consisting of revolving short-term financing, which provide liquidity to certain partners to facilitate their working capital requirements. These financing arrangements, which in certain circumstances may contain partial recourse, result in a transfer of HP’s receivables and risk, to the third-party. As these transfers qualify as true sales under the applicable accounting guidance, the receivables are derecognized from the Consolidated Balance Sheets upon transfer, and HP receives a payment for the receivables from the third-party within a mutually agreed upon time period. For arrangements involving an element of recourse, the recourse obligation is measured using market data from the similar transactions and reported as a current liability in the Consolidated Balance Sheets. The recourse obligations as of October 31, 2018 and 2017 were not material. The costs associated with the sales of trade receivables for fiscal year 2018, 2017 and 2016 were not material. The following is a summary of the activity under these arrangements:
| As of October 31
| 2018 |  | 2017 |  | 2016
| In millions
Balance at beginning of year (1) | $ | 147 |  |  | $ | 149 |  |  | $ | 93 |
Trade receivables sold | 10,224 |  |  | 9,553 |  |  | 8,222 |
Cash receipts | (10,202 | ) |  | (9,562 | ) |  | (8,160 | )
Foreign currency and other | (4 | ) |  | 7 |  |  | (6 | )
Balance at end of year (1) | $ | 165 |  |  | $ | 147 |  |  | $ | 149 |
(1) Amounts outstanding from third parties reported in Accounts Receivable in the Consolidated Balance Sheets. Inventory
| As of October 31
| 2018 |  | 2017
| In millions
Finished goods | $ | 4,019 |  |  | $ | 3,857 |
Purchased parts and fabricated assemblies | 2,043 |  |  | 1,929 |
| $ | 6,062 |  |  | $ | 5,786 |
Other Current Assets
| As of October 31
| 2018 |  | 2017
| In millions
Value-added taxes receivable | $ | 865 |  |  | $ | 857 |
Available-for-sale investments (1) | 711 |  |  | 1,149 |
Supplier and other receivables | 2,025 |  |  | 1,891 |
Prepaid and other current assets | 1,445 |  |  | 1,224 |
| $ | 5,046 |  |  | $ | 5,121 |
(1) | See Note 9, “Fair Value” and Note 10, “Financial Instruments” for detailed information.
Property, Plant and Equipment, Net
| As of October 31
| 2018 |  | 2017
| In millions
Land, buildings and leasehold improvements | $ | 1,893 |  |  | $ | 2,082 |
Machinery and equipment, including equipment held for lease | 4,216 |  |  | 3,876 |
| 6,109 |  |  | 5,958 |
Accumulated depreciation | (3,911 | ) |  | (4,080 | )
| $ | 2,198 |  |  | $ | 1,878 |
Depreciation expense was $448 million, $353 million and $316 million in fiscal years 2018, 2017 and 2016, respectively. Other Non-Current Assets
| As of October 31
| 2018 |  | 2017
| In millions
Tax indemnifications receivable(1) | $ | 953 |  |  | $ | 1,695 |
Deferred tax assets(2) | 2,431 |  |  | 342 |
Other(3)(4) | 1,685 |  |  | 1,058 |
| $ | 5,069 |  |  | $ | 3,095 |
(1) | During the twelve months ended October 31, 2018, HP adjusted $676 million of indemnification receivable, pursuant to resolution of various income tax audit settlements. See Note 15, “Guarantees, Indemnifications and Warranties” for further information.
(2) | See Note 6, “Taxes on Earnings” for detailed information.
(3) | Includes Intangible assets of $453 million as at October 31, 2018, primarily from the acquisition of Samsung’s printer business, see Note 8, “Goodwill and Intangible Assets” for further information.
(4) | Includes marketable equity securities and mutual funds classified as available-for-sale investments of $53 million and $61 million at October 31, 2018 and 2017, respectively.
Other Accrued Liabilities
| As of October 31
| 2018 |  | 2017
| In millions
Other accrued taxes | $ | 982 |  |  | $ | 895 |
Warranty | 673 |  |  | 660 |
Deferred revenue | 1,095 |  |  | 1,012 |
Sales and marketing programs | 2,758 |  |  | 2,441 |
Other | 1,868 |  |  | 1,945 |
| $ | 7,376 |  |  | $ | 6,953 |
Other Non-Current Liabilities
| As of October 31
| 2018 |  | 2017
| In millions
Pension, post-retirement, and post-employment liabilities | $ | 1,645 |  |  | $ | 1,999 |
Deferred tax liability(1) | 100 |  |  | 1,410 |
Tax liability(1) | 2,063 |  |  | 2,005 |
Deferred revenue | 1,005 |  |  | 921 |
Other | 793 |  |  | 827 |
| $ | 5,606 |  |  | $ | 7,162 |
(1) | See Note 6, “Taxes on Earnings” for detailed information.
Interest and other, net
| For the fiscal years ended October 31
| 2018 |  | 2017 |  | 2016
| In millions
Interest expense on borrowings | $ | (312 | ) |  | $ | (309 | ) |  | $ | (273 | )
Loss on extinguishment of debt | (126 | ) |  | — |  |  | — |
Tax indemnifications(1) | (662 | ) |  | 47 |  |  | 472 |
Other, net | 49 |  |  | 19 |  |  | 13 |
| $ | (1,051 | ) |  | $ | (243 | ) |  | $ | 212 |
(1) | For the fiscal year ended October 31, 2018, includes an adjustment of $676 million of indemnification receivable, pursuant to resolution of various income tax audit settlements. See Note 15, “Guarantees, Indemnifications and Warranties” for further information.

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration