XML 39 R29.htm IDEA: XBRL DOCUMENT
v3.20.2

Financial Instruments (Tables) | 9 Months Ended
--- | ---
Jul. 31, 2020
Investments, All Other Investments [Abstract] |
Schedule of Cash Equivalents and Available-for-Sale Investments | Cash Equivalents and Available-for-Sale Investments
| As of July 31, 2020 |  |  |  |  |  |  |  | As of October 31, 2019 |  |  |  |  |  |
| Cost |  | Gross Unrealized Gain |  | Gross Unrealized Loss |  | Fair Value |  | Cost |  | Gross Unrealized Gain |  | Gross Unrealized Loss |  | Fair Value
| In millions |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash Equivalents: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate debt | $ | 985 |  |  | $ | — |  |  | $ | — |  |  | $ | 985 |  |  | $ | 1,283 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,283 |
Financial institution instruments | 13 |  |  | — |  |  | — |  |  | 13 |  |  | — |  |  | — |  |  | — |  |  | — |
Government debt | 2,780 |  |  | — |  |  | — |  |  | 2,780 |  |  | 2,422 |  |  | — |  |  | — |  |  | 2,422 |
Total cash equivalents | 3,778 |  |  | — |  |  | — |  |  | 3,778 |  |  | 3,705 |  |  | — |  |  | — |  |  | 3,705 |
Available-for-Sale Investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate debt | 135 |  |  | — |  |  | — |  |  | 135 |  |  | — |  |  | — |  |  | — |  |  | — |
Financial institution instruments | 26 |  |  | — |  |  | — |  |  | 26 |  |  | — |  |  | — |  |  | — |  |  | — |
Government debt | 68 |  |  | — |  |  | — |  |  | 68 |  |  | — |  |  | — |  |  | — |  |  | — |
Marketable equity securities and mutual funds | 42 |  |  | 15 |  |  | — |  |  | 57 |  |  | 40 |  |  | 16 |  |  | — |  |  | 56 |
Total available-for-sale investments | 271 |  |  | 15 |  |  | — |  |  | 286 |  |  | 40 |  |  | 16 |  |  | — |  |  | 56 |
Total cash equivalents and available-for-sale investments | $ | 4,049 |  |  | $ | 15 |  |  | $ | — |  |  | $ | 4,064 |  |  | $ | 3,745 |  |  | $ | 16 |  |  | $ | — |  |  | $ | 3,761 |
Schedule of Gross Notional and Fair Value of Derivative Financial Instruments in the Consolidated Condensed Balance Sheets | Gross notional and fair value of derivative instruments in the Consolidated Condensed Balance Sheets were as follows:
| As of July 31, 2020 |  |  |  |  |  |  |  |  |  | As of October 31, 2019 |  |  |  |  |  |  |  |
| Outstanding Gross Notional |  | Other Current Assets |  | Other Non-Current Assets |  | Other Current Liabilities |  | Other Non-Current Liabilities |  | Outstanding Gross Notional |  | Other Current Assets |  | Other Non-Current Assets |  | Other Current Liabilities |  | Other Non-Current Liabilities
| In millions |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivatives designated as hedging instruments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate contracts | $ | 750 |  |  | $ | — |  |  | $ | 6 |  |  | $ | — |  |  | $ | — |  |  | $ | 750 |  |  | $ | — |  |  | $ | 4 |  |  | $ | — |  |  | $ | — |
Cash flow hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency contracts | 15,010 |  |  | 120 |  |  | 24 |  |  | 363 |  |  | 63 |  |  | 15,639 |  |  | 260 |  |  | 111 |  |  | 123 |  |  | 28 |
Total derivatives designated as hedging instruments | 15,760 |  |  | 120 |  |  | 30 |  |  | 363 |  |  | 63 |  |  | 16,389 |  |  | 260 |  |  | 115 |  |  | 123 |  |  | 28 |
Derivatives not designated as hedging instruments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency contracts | 4,963 |  |  | 27 |  |  | — |  |  | 18 |  |  | — |  |  | 7,146 |  |  | 10 |  |  | — |  |  | 14 |  |  | — |
Other derivatives | 138 |  |  | 22 |  |  | — |  |  | — |  |  | — |  |  | 134 |  |  | 7 |  |  | — |  |  | 1 |  |  | — |
Total derivatives not designated as hedging instruments | 5,101 |  |  | 49 |  |  | — |  |  | 18 |  |  | — |  |  | 7,280 |  |  | 17 |  |  | — |  |  | 15 |  |  | — |
Total derivatives | $ | 20,861 |  |  | $ | 169 |  |  | $ | 30 |  |  | $ | 381 |  |  | $ | 63 |  |  | $ | 23,669 |  |  | $ | 277 |  |  | $ | 115 |  |  | $ | 138 |  |  | $ | 28 |
Schedule of Offsetting Assets | As of July 31, 2020 and October 31, 2019, information related to the potential effect of HP’s master netting agreements and collateral security agreements was as follows:
| In the Consolidated Condensed Balance Sheets |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  | Gross Amounts Not Offset |  |  |  |  |  |
| Gross Amount Recognized (i) |  | Gross Amount Offset (ii) |  | Net Amount Presented (iii) = (i)–(ii) |  | Derivatives (iv) |  | Financial Collateral (v) |  |  |  | Net Amount (vi) = (iii)–(iv)–(v)
| In millions |  |  |  |  |  |  |  |  |  |  |  |
As of July 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative assets | $ | 199 |  |  | $ | — |  |  | $ | 199 |  |  | $ | 154 |  |  | $ | 9 |  | (1) |  |  | $ | 36 |
Derivative liabilities | $ | 444 |  |  | $ | — |  |  | $ | 444 |  |  | $ | 154 |  |  | $ | 249 |  | (2) |  |  | $ | 41 |
As of October 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative assets | $ | 392 |  |  | $ | — |  |  | $ | 392 |  |  | $ | 113 |  |  | $ | 259 |  | (1) |  |  | $ | 20 |
Derivative liabilities | $ | 166 |  |  | $ | — |  |  | $ | 166 |  |  | $ | 113 |  |  | $ | 43 |  | (2) |  |  | $ | 10 |
(1)Represents the cash collateral posted by counterparties as of the respective reporting date for HP’s asset position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date. (2)Represents the collateral posted by HP through re-use of counterparty cash collateral as of the respective reporting date for HP’s liability position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.
Schedule of Offsetting Liabilities | As of July 31, 2020 and October 31, 2019, information related to the potential effect of HP’s master netting agreements and collateral security agreements was as follows:
| In the Consolidated Condensed Balance Sheets |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  | Gross Amounts Not Offset |  |  |  |  |  |
| Gross Amount Recognized (i) |  | Gross Amount Offset (ii) |  | Net Amount Presented (iii) = (i)–(ii) |  | Derivatives (iv) |  | Financial Collateral (v) |  |  |  | Net Amount (vi) = (iii)–(iv)–(v)
| In millions |  |  |  |  |  |  |  |  |  |  |  |
As of July 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative assets | $ | 199 |  |  | $ | — |  |  | $ | 199 |  |  | $ | 154 |  |  | $ | 9 |  | (1) |  |  | $ | 36 |
Derivative liabilities | $ | 444 |  |  | $ | — |  |  | $ | 444 |  |  | $ | 154 |  |  | $ | 249 |  | (2) |  |  | $ | 41 |
As of October 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative assets | $ | 392 |  |  | $ | — |  |  | $ | 392 |  |  | $ | 113 |  |  | $ | 259 |  | (1) |  |  | $ | 20 |
Derivative liabilities | $ | 166 |  |  | $ | — |  |  | $ | 166 |  |  | $ | 113 |  |  | $ | 43 |  | (2) |  |  | $ | 10 |
(1)Represents the cash collateral posted by counterparties as of the respective reporting date for HP’s asset position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date. (2)Represents the collateral posted by HP through re-use of counterparty cash collateral as of the respective reporting date for HP’s liability position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.
Schedule of Pre-Tax Effect of Derivative Instruments and Related Hedged Items in a Fair Value Hedging Relationship | The pre-tax effect of derivative instruments and related hedged items in a fair value hedging relationship for the three and nine months ended July 31, 2020 and 2019 were as follows:
|  |  |  | Total amounts of income/ (expense) line items presented in the statement of financial performance in which the effects of fair value hedges are recorded |  | Gain/(Loss) Recognized in Earnings on Derivative Instrument |  |  |  |  |  | Gain/(Loss) Recognized in Earnings on Derivative and Related Hedged Item |  |
Derivative Instrument |  | Location |  | Three months ended July 31, 2020 |  | Three months ended July 31, 2020 |  | Hedged Item |  | Location |  | Three months ended July 31, 2020 |  |
In millions |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate contracts |  | Interest and other, net |  | $ | (28) |  |  | $ | 1 |  |  | Fixed-rate debt |  | Interest and other, net |  | $ | (1) |  |  |
|  |  |  | Total amounts of income/ (expense) line items presented in the statement of financial performance in which the effects of fair value hedges are recorded |  | Gain/(Loss) Recognized in Earnings on Derivative Instrument |  |  |  |  |  | Gain/(Loss) Recognized in Earnings on Derivative and Related Hedged Item |  |
Derivative Instrument |  | Location |  | Nine months ended July 31, 2020 |  | Nine months ended July 31, 2020 |  | Hedged Item |  | Location |  | Nine months ended July 31, 2020 |  |
In millions |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate contracts |  | Interest and other, net |  | $ | (15) |  |  | $ | 11 |  |  | Fixed-rate debt |  | Interest and other, net |  | $ | (11) |  |  |
|  |  |  | Total amounts of income/ (expense) line items presented in the statement of financial performance in which the effects of fair value hedges are recorded |  | Gain/(Loss) Recognized in Earnings on Derivative Instrument |  |  |  |  |  | Gain/(Loss) Recognized in Earnings on Derivative and Related Hedged Item |  |
Derivative Instrument |  | Location |  | Three months ended July 31, 2019 |  | Three months ended July 31, 2019 |  | Hedged Item |  | Location |  | Three months ended July 31, 2019 |  |
In millions |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate contracts |  | Interest and other, net |  | $ | (831) |  |  | $ | 8 |  |  | Fixed-rate debt |  | Interest and other, net |  | $ | (8) |  |  |
|  |  |  | Total amounts of income/ (expense) line items presented in the statement of financial performance in which the effects of fair value hedges are recorded |  | Gain/(Loss) Recognized in Earnings on Derivative Instrument |  |  |  |  |  | Gain/(Loss) Recognized in Earnings on Derivative and Related Hedged Item |  |
Derivative Instrument |  | Location |  | Nine months ended July 31, 2019 |  | Nine months ended July 31, 2019 |  | Hedged Item |  | Location |  | Nine months ended July 31, 2019 |  |
In millions |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate contracts |  | Interest and other, net |  | $ | (902) |  |  | $ | 24 |  |  | Fixed-rate debt |  | Interest and other, net |  | $ | (24) |  |  |
Schedule of Pre-Tax Effect of Derivative Instruments in Cash Flow Hedging Relationships | The pre-tax effect of derivative instruments in cash flow hedging relationships for the three and nine months ended July 31, 2020 and 2019 was as follows:
| Gain/(Loss) Recognized in AOCI on Derivatives |  |  |  | Total amounts of income and expense line items presented in the statement of financial performance in which the effects of cash flow hedges are recorded |  | Gain /(Loss) Reclassified from AOCI into Earnings
| Three months ended July 31, 2020 |  | Location |  | Three months ended July 31, 2020 |  |
| In millions |  |  |  |  |  |
Cash flow hedges: |  |  |  |  |  |  |
Foreign currency contracts | $ | (567) |  |  | Net revenue |  | $ | 14,294 |  |  | $ | 136 |
Interest rate contracts | 4 |  |  | Cost of revenue |  | (11,901) |  |  | (7) |
|  |  | Operating expenses |  | (1,614) |  |  | 1 |
Total | $ | (563) |  |  |  |  |  |  | $ | 130 |
| Gain/(Loss) Recognized in AOCI on Derivatives |  |  |  | Total amounts of income and expense line items presented in the statement of financial performance in which the effects of cash flow hedges are recorded |  | Gain /(Loss) Reclassified from AOCI into Earnings
| Nine months ended July 31, 2020 |  | Location |  | Nine months ended July 31, 2020 |  |
| In millions |  |  |  |  |  |
Cash flow hedges: |  |  |  |  |  |  |
Foreign currency contracts | $ | (268) |  |  | Net revenue |  | $ | 41,381 |  |  | $ | 259 |
Interest rate contracts | (4) |  |  | Cost of revenue |  | (33,623) |  |  | (18) |
|  |  | Operating expenses |  | (5,288) |  |  | 1 |
Total | $ | (272) |  |  |  |  |  |  | $ | 242 |
| Gain/(Loss) Recognized in AOCI on Derivatives |  |  |  | Total amounts of income and expense line items presented in the statement of financial performance in which the effects of cash flow hedges are recorded |  | Gain /(Loss) Reclassified from AOCI into Earnings
| Three months ended July 31, 2019 |  | Location |  | Three months ended July 31, 2019 |  |
| In millions |  |  |  |  |  |
Cash flow hedges: |  |  |  |  |  |  |
Foreign currency contracts | $ | 180 |  |  | Net revenue |  | $ | 14,603 |  |  | $ | 98 |
|  |  | Cost of revenue |  | (11,698) |  |  | (12) |
|  |  | Operating expenses |  | (1,826) |  |  | — |
Total | $ | 180 |  |  |  |  |  |  | $ | 86 |
| Gain/(Loss) Recognized in AOCI on Derivatives |  |  |  | Total amounts of income and expense line items presented in the statement of financial performance in which the effects of cash flow hedges are recorded |  | Gain /(Loss) Reclassified from AOCI into Earnings
| Nine months ended July 31, 2019 |  | Location |  | Nine months ended July 31, 2019 |  |
| In millions |  |  |  |  |  |
Cash flow hedges: |  |  |  |  |  |  |
Foreign currency contracts | $ | 271 |  |  | Net revenue |  | $ | 43,349 |  |  | $ | 289 |
|  |  | Cost of revenue |  | (35,103) |  |  | (28) |
|  |  | Operating expenses |  | (5,313) |  |  | (2) |
Total | $ | 271 |  |  |  |  |  |  | $ | 259 |
Schedule of Pre-Tax Effect of Derivative Instruments not Designated as Hedging Instruments on the Consolidated Condensed Statements of Earnings | The pre-tax effect of derivative instruments not designated as hedging instruments recognized in the Consolidated Condensed Statements of Earnings for the three and nine months ended July 31, 2020 and 2019 was as follows:
|  |  | Three months ended July 31 |  |  |  | Nine months ended July 31 |  |
|  |  | 2020 |  | 2019 |  | 2020 |  | 2019
|  |  | In millions |  |  |  |  |  |
Foreign currency contracts |  |  | $ | 46 |  |  | $ | (59) |  |  | $ | 63 |  |  | $ | (116) |
Other derivatives |  |  | 11 |  |  | (3) |  |  | 16 |  |  | (12) |
Total |  |  | $ | 57 |  |  | $ | (62) |  |  | $ | 79 |  |  | $ | (128) |
Schedule of Contractual Maturities | Contractual maturities of investments in available-for-sale debt securities were as follows:
| As of July 31, 2020 |  |
| Amortized Cost |  | Fair Value
| In millions |  |
Due in one year or less | $ | 229 |  |  | $ | 229 |

X
- Definition Tabular disclosure of the reconciliation of cash equivalents and available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | hpq_ScheduleOfCashEquivalentsAndAvailableForSaleInvestmentsReconciliationTableTextBlock
Namespace Prefix: | hpq_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative and other financial assets that are subject to offsetting, including master netting arrangements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312 + Details
Name: | us-gaap_OffsettingAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative and other financial liabilities that are subject to offsetting, including master netting arrangements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225877-175312 + Details
Name: | us-gaap_OffsettingLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5618551-113959 + Details
Name: | us-gaap_ScheduleOfDerivativesInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for fair value hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative instrument not designated or qualifying as hedging instrument. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4CC -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL109998890-113959 + Details
Name: | us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration