v3.25.3
Goodwill and Intangible Assets
 12 Months Ended
Oct. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill allocated to HP’s reportable segments and changes in the carrying amount of goodwill were as follows:  
 Personal SystemsPrintingCorporate InvestmentsTotal
In millions
Balance as of October 31, 2023(1)
$4,722 $3,751 $118 $8,591 
Acquisitions
26 2 — 28 
Foreign currency translation and other
— 8 — 8 
Balance as of October 31, 2024(1)
4,748 3,761 118 8,627 
Acquisitions
— — 79 79 
Foreign currency translation and other
(24)24 — — 
Balance as of October 31, 2025(1)
$4,724 $3,785 $197 $8,706 
(1)Goodwill is net of accumulated impairment losses of $0.8 billion related to Corporate Investments recorded in fiscal year 2011.
Goodwill is tested for impairment at the reporting unit level. As of October 31, 2025, our reporting units are consistent with the reportable segments identified in Note 2, “Segment Information”. Personal Systems had a negative carrying amount of net assets as of October 31, 2025, 2024 and 2023 primarily as a result of a favorable cash conversion cycle.
Intangible Assets
HP’s acquired intangible assets were composed of:
As of October 31, 2025As of October 31, 2024
Gross(1)
Accumulated Amortization(1)
Net
Gross(1)
Accumulated Amortization(1)
Net
In millions
Customer contracts, customer lists and distribution agreements$726 $428 $298 $783 $372 $411 
Technology and patents 1,625 1,004 621 1,666 884 782 
Trade name and trademarks219 126 93 218 92 126 
Total intangible assets$2,570 $1,558 $1,012 $2,667 $1,348 $1,319 
(1)    Excludes the original cost and accumulated depreciation of fully amortized intangibles.
During fiscal year 2025, the Company incurred impairment charges of $65 million related to acquired customer contracts, customer lists and distribution agreements within the Printing segment and $27 million of technology and patents within the Corporate Investment segment which were recorded within Amortization of intangible assets in the Consolidated Statement of Earnings.
As of October 31, 2025, estimated future amortization expense related to acquired intangible assets was as follows:
Fiscal yearIn millions
2026$225 
2027220 
2028175 
2029125 
203098 
Thereafter169 
Total$1,012