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Commitments | 6 Months Ended
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Apr. 30, 2021
Commitments and Contingencies Disclosure [Abstract] |
Commitments | Commitments Unconditional Purchase Obligations As of April 30, 2021, HP had unconditional purchase obligations of $6.5 billion. These unconditional purchase obligations include agreements to purchase goods or services that are enforceable and legally binding on HP and that specify all significant terms, including fixed or minimum quantities to be purchased, fixed, minimum or variable price provisions and the approximate timing of the transaction. These unconditional purchase obligations are primarily related to inventory and service support. Unconditional purchase obligations exclude agreements that are cancellable without penalty. As of April 30, 2021, unconditional purchase obligations were as follows:
Fiscal year | In millions
2021(1) | $ | 1,100 |
2022 | 2,048 |
2023 | 1,980 |
2024 | 1,313 |
2025 | 54 |
Thereafter | 7 |
Total | $ | 6,502 |
(1) Represents expected unconditional purchase obligations for the remaining six months of the fiscal year 2021.

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- Definition The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 440 -URI http://asc.fasb.org/topic&trid=2144648 + Details
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