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Borrowings | 3 Months Ended
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Jan. 31, 2019
Debt Disclosure [Abstract] |
Borrowings | Borrowings Notes Payable and Short-Term Borrowings
| As of January 31, 2019 |  | As of October 31, 2018
| Amount Outstanding |  | Weighted-Average Interest Rate |  | Amount Outstanding |  | Weighted-Average Interest Rate
| In millions |  |  |  | In millions |  |
Commercial paper | $ | — |  |  | — | % |  | $ | 854 |  |  | 2.5 | %
Current portion of long-term debt | 259 |  |  | 3.7 | % |  | 565 |  |  | 3.1 | %
Notes payable to banks, lines of credit and other | 38 |  |  | 1.8 | % |  | 44 |  |  | 1.7 | %
| $ | 297 |  |  |  |  |  | $ | 1,463 |  |  |  |
Long-Term Debt
| As of
| January 31, 2019 |  | October 31, 2018
| In millions
U.S. Dollar Global Notes(1) |  |  |  |  |
2009 Shelf Registration Statement: |  |  |  |  |
$1,350 issued at discount to par at a price of 99.827% in December 2010 at 3.75%, due December 2020 | $ | 648 |  |  | $ | 648 |
$1,250 issued at discount to par at a price of 99.799% in May 2011 at 4.3%, due June 2021 | 667 |  |  | 667 |
$1,000 issued at discount to par at a price of 99.816% in September 2011 at 4.375%, due September 2021 | 538 |  |  | 538 |
$1,500 issued at discount to par at a price of 99.707% in December 2011 at 4.65%, due December 2021 | 695 |  |  | 694 |
$500 issued at discount to par at a price of 99.771% in March 2012 at 4.05%, due September 2022 | 499 |  |  | 499 |
$1,200 issued at discount to par at a price of 99.863% in September 2011 at 6.0%, due September 2041 | 1,199 |  |  | 1,199 |
2012 Shelf Registration Statement: |  |  |  |  |
$750 issued at par in January 2014 at three-month USD LIBOR plus 0.94%, due January 2019 | — |  |  | 102 |
$1,250 issued at discount to par at a price of 99.954% in January 2014 at 2.75%, due January 2019 | — |  |  | 300 |
| 4,246 |  |  | 4,647 |
Other, including capital lease obligations, at 0.51%-8.48%, due in calendar years 2019-2025 | 751 |  |  | 487 |
Fair value adjustment related to hedged debt | (16 | ) |  | (28 | )
Unamortized debt issuance cost | (16 | ) |  | (17 | )
Current portion of long-term debt | (259 | ) |  | (565 | )
Total long-term debt | $ | 4,706 |  |  | $ | 4,524 |
(1) | HP may redeem some or all of the fixed-rate U.S. Dollar Global Notes at any time in accordance with the terms thereof. The U.S. Dollar Global Notes are senior unsecured debt.
In December 2016, HP filed a shelf registration statement (the “2016 Shelf Registration Statement”) with the SEC to enable the company to offer for sale, from time to time, in one or more offerings, an unspecified amount of debt securities, common stock, preferred stock, depositary shares and warrants. As disclosed in Note 8, “Financial Instruments”, HP uses interest rate swaps to mitigate some of the exposure of its debt portfolio to changes in fair value resulting from changes in interest rates by achieving a primarily U.S. dollar LIBOR-based floating interest expense. Interest rates shown in the table of long-term debt have not been adjusted to reflect the impact of any interest rate swaps. Commercial Paper As of January 31, 2019, HP maintained two commercial paper programs. HP’s U.S. program provides for the issuance of U.S. dollar-denominated commercial paper up to a maximum aggregate principal amount of $6.0 billion. HP’s euro commercial paper program provides for the issuance of commercial paper outside of the United States denominated in U.S. dollars, euros or British pounds up to a maximum aggregate principal amount of $6.0 billion or the equivalent in those alternative currencies. The combined aggregate principal amount of commercial paper outstanding under those programs at any one time cannot exceed the $6.0 billion authorized by HP’s Board of Directors. Credit Facility As of January 31, 2019, HP maintained a $4.0 billion, senior unsecured committed revolving credit facility to support the issuance of commercial paper or for general corporate purposes. Commitments under the revolving credit facility will be available until March 30, 2023. Commitment fees, interest rates and other terms of borrowing under the credit facilities vary based on HP’s external credit ratings. As of January 31, 2019, HP was in compliance with the financial covenants in the credit agreement governing the revolving credit facility. Available Borrowing Resources As of January 31, 2019, HP and its subsidiaries had available borrowing resources of $738 million from uncommitted lines of credit in addition to the commercial paper and revolving credit facilities discussed above.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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