<SEC-DOCUMENT>0001140361-21-041080.txt : 20220120
<SEC-HEADER>0001140361-21-041080.hdr.sgml : 20220120
<ACCEPTANCE-DATETIME>20211209172041
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001140361-21-041080
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20211209

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HP INC
		CENTRAL INDEX KEY:			0000047217
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER & OFFICE EQUIPMENT [3570]
		IRS NUMBER:				941081436
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		1501 PAGE MILL ROAD
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94304
		BUSINESS PHONE:		6508571501

	MAIL ADDRESS:	
		STREET 1:		1501 PAGE MILL ROAD
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94304

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HEWLETT PACKARD CO
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
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      <div>HP Inc.</div>
      <div>1501 Page Mill Road</div>
      <div>Palo Alto, California 94304</div>
      <div>(650) 857-1501</div>
      <div> <br>
      </div>
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    <div style="text-align: center;">December 9, 2021</div>
    <div><br>
    </div>
    <div style="font-weight: bold;"><u>VIA EDGAR</u></div>
    <div>Securities and Exchange Commission</div>
    <div>Division of Corporation Finance</div>
    <div>100 F Street, N.E.</div>
    <div>Washington, DC 20549</div>
    <div><br>
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          <td style="width: 36pt; vertical-align: top; align: right;">Re:</td>
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            <div style="font-style: italic;">HP Inc.</div>
            <div style="font-family: 'Times New Roman',Times,serif; font-style: italic;">
              <div style="font-style: italic;">Registration Statement on Form S-4 (File No. 333-261574)</div>
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    <div><br>
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    <div>Ladies and Gentlemen:</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">This letter is sent on behalf of HP Inc. (the &#8220;<font style="font-weight: bold;">Company</font>&#8221;) in connection with a Registration Statement on Form S-4 (the &#8220;<font style="font-weight: bold;">Registration Statement</font>&#8221;)
      filed with the Securities and Exchange Commission (the &#8220;<font style="font-weight: bold;">Commission</font>&#8221;) by the Company on the date hereof pursuant to the Securities Act of 1933, as amended (the &#8220;<font style="font-weight: bold;">Securities Act</font>&#8221;),
      relating to the proposed offer to exchange (the &#8220;<font style="font-weight: bold;">Exchange Offer</font>&#8221;) the Company&#8217;s outstanding 1.450% Notes due 2026 and 2.650% Notes due 2031 (the &#8220;<font style="font-weight: bold;">Outstanding Notes</font>&#8221;), for
      up to $1,000,000,000 aggregate principal amount of its new 1.450% Notes due 2026 and $1,000,000,000 aggregate principal amount of its new 2.650% Notes due 2031 (the &#8220;<font style="font-weight: bold;">Exchange Notes</font>&#8221;).</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">The Company is registering the Exchange Offer pursuant to the Registration Statement in reliance on the position enunciated by the staff of the Commission (the &#8220;<font style="font-weight: bold;">Staff</font>&#8221;) in <font style="font-style: italic;">Exxon Capital Holdings Corp.</font>, SEC No-Action Letter available May 13, 1988, <font style="font-style: italic;">Morgan Stanley &amp; Co.</font>, SEC No-Action Letter available June 5, 1991, and <font style="font-style: italic;">Shearman &amp; Sterling</font>, SEC No-Action Letter available July 2, 1993.&#160; The Company has not entered into any arrangement or understanding with any person to distribute the Exchange Notes to be received in the
      Exchange Offer and, to the best of the Company&#8217;s information and belief, each person participating in the Exchange Offer will be acquiring the Exchange Notes in its ordinary course of business and has no arrangement or understanding with any person
      to participate in the distribution of the Exchange Notes to be received in the Exchange Offer.&#160; In this regard, the Company will make each person participating in the Exchange Offer aware (through the Exchange Offer prospectus) that any person using
      the Exchange Offer to participate in a distribution of the Exchange Notes to be received in the Exchange Offer (1) cannot rely on the Staff&#8217;s position enunciated in the <font style="font-style: italic;">Exxon Capital </font>SEC No-Action Letter or
      similar letters of the Staff and (2) must comply with registration and prospectus delivery requirements of the Securities Act in connection with any secondary resale transaction and be identified as an underwriter in the prospectus.&#160; The Company
      acknowledges that such a secondary resale transaction should be covered by an effective registration statement containing the selling security holder information required by Item 507 of Regulation SK.</div>
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    <div style="text-indent: 36pt;">The Company will include in the letter of transmittal or similar documentation to be executed by an Exchange Offer offeree in order to participate in the Exchange Offer a provision equivalent to the following:</div>
    <div><br>
    </div>
    <div style="margin-left: 72pt;">If the Exchange Offer offeree is a broker-dealer that will receive Exchange Notes for its own account in exchange for Outstanding Notes that were acquired as a result of market-making activities or other trading
      activities, it acknowledges that it will deliver a prospectus meeting the requirements of the Securities Act in connection with any resale of such Exchange Notes&#894; however, by so acknowledging and by delivering a prospectus, a broker-dealer will not
      be deemed to admit that it is an &#8220;underwriter&#8221; within the meaning of the Securities Act.</div>
    <div><br>
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    <div style="text-indent: 36pt;">The Company will also require that each participant in the Exchange Offer furnish a representation in the letter of transmittal or similar documentation that neither such participant nor, to the actual knowledge of such
      participant, any other person receiving Exchange Notes from such participant, has any arrangement or understanding with any person to participate in the distribution of the Exchange Notes.</div>
    <div><br>
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    <div style="text-indent: 36pt;">The Company will make broker-dealers participating in the Exchange Offer aware (through the Exchange Offer prospectus) that any broker-dealer that resells Exchange Notes that were received by it for its own account
      pursuant to the Exchange Offer and any broker or dealer that participates in a distribution of such Exchange Notes may be deemed to be an &#8220;underwriter&#8221; within the meaning of the Securities Act and must deliver a prospectus meeting the requirements of
      the Securities Act in connection with any resale of such Exchange Notes.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">Please do not hesitate to contact Andrew L. Fabens of Gibson, Dunn &amp; Crutcher LLP at (212) 351-4034 with any questions or comments concerning this letter.</div>
    <div><br>
    </div>
    <div style="text-align: center;">[<font style="font-style: italic;">Signature Page to follow</font>]</div>
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              <div>&#160;</div>
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            <td colspan="2" rowspan="1">Sincerely,<br>
            </td>
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              <div>&#160;</div>
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            <td style="width: 5.01%;">
              <div>&#160;</div>
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            <td style="width: 44.99%;">
              <div>&#160;</div>
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              <div>&#160;</div>
            </td>
            <td colspan="2" rowspan="1">HP INC.<br>
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            <td style="width: 50%;">
              <div>&#160;</div>
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              <div>&#160;</div>
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              <div>&#160;</div>
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              <div>&#160;</div>
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            <td style="width: 5.01%; padding-bottom: 2px;">By:<br>
            </td>
            <td style="width: 44.99%; border-bottom: 2px solid rgb(0, 0, 0);">/s/ Rick Hansen<br>
            </td>
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              <div>&#160;</div>
            </td>
            <td style="width: 5.01%;">Name:<br>
            </td>
            <td style="width: 44.99%;">Rick Hansen<br>
            </td>
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            <td rowspan="1" style="width: 50%;">&#160;</td>
            <td rowspan="1" style="width: 5.01%; text-align: left; vertical-align: top;">Title:<br>
            </td>
            <td rowspan="1" style="width: 44.99%;">
              <div>Deputy General Counsel, Corporate, and Assistant Secretary</div>
            </td>
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    <div>cc:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Andrew L. Fabens, Esq., Gibson, Dunn &amp; Crutcher LLP</div>
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