HP Reports Third Quarter 2013 Results

Use of non-GAAP financial information
To supplement HP's consolidated condensed financial statements presented on a GAAP basis, HP provides non-GAAP operating profit, non-GAAP operating margin, non-GAAP net earnings, non-GAAP diluted earnings per share, gross cash, free cash flow, net debt and operating company net debt. HP also provides forecasts of non-GAAP diluted earnings per share. A reconciliation of the adjustments to GAAP results for this quarter and prior periods is included in the tables below or elsewhere in the materials accompanying this news release. In addition, an explanation of the ways in which HP management uses these non-GAAP measures to evaluate its business, the substance behind HP management's decision to use these non-GAAP measures, the material limitations associated with the use of these non-GAAP measures, the manner in which HP management compensates for those limitations, and the substantive reasons why HP management believes that these non-GAAP measures provide useful information to investors is included under "Use of Non-GAAP Financial Measures" after the tables below. This additional non-GAAP financial information is not meant to be considered in isolation or as a substitute for operating profit, operating margin, net earnings, diluted earnings per share, cash and cash equivalents, cash flow from operations or total company debt prepared in accordance with GAAP.

Forward-looking statements
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of HP may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections of revenue, margins, expenses, earnings, earnings per share, tax provisions, cash flows, benefit obligations, share repurchases, currency exchange rates or other financial items; any projections of the amount, timing or impact of cost savings or restructuring charges; any statements of the plans, strategies and objectives of management for future operations, including the execution of restructuring plans and any resulting cost savings or revenue or profitability improvements; any statements concerning the expected development, performance, market share or competitive performance relating to products or services; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on HP and its financial performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the need to address the many challenges facing HP's businesses; the competitive pressures faced by HP's businesses; risks associated with executing HP's strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP's products and services effectively; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; risks associated with HP's international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012 and HP's other filings with the Securities and Exchange Commission, including HP's Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2013. As in prior periods, the financial information set forth in this release, including tax-related items, reflects estimates based on information available at this time. While HP believes these estimates to be meaningful, these amounts could differ materially from actual reported amounts in HP's Form 10-Q for the fiscal quarter ended July 31, 2013. In particular, determining HP's actual tax balances and provisions as of July 31, 2013 requires extensive internal and external review of tax data (including consolidating and reviewing the tax provisions of numerous domestic and foreign entities), which is being completed in the ordinary course of preparing HP's Form 10-Q. HP assumes no obligation and does not intend to update these forward-looking statements.

                                                                            
                  HEWLETT-PACKARD COMPANY AND SUBSIDIARIES                  
               CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS                
                                (Unaudited)                                 
                   (In millions except per share amounts)                   
                                                                            
                                                                            
                                                                            
                                                 Three months ended         
                                         ---------------------------------- 
                                          July 31,    April 30,   July 31,  
                                            2013        2013        2012    
                                         ----------  ----------  ---------- 
                                                                                                                                                       
Net  revenue                                                            $      27,226    $      27,582    $      29,669  
                                                                                                                                                        
Costs  and  expenses:                                                                                                                  
    Cost  of  sales                                                            20,859            21,055            22,820  
    Research  and  development                                            797                  815                  854  
    Selling,  general  and  administrative                  3,274              3,342              3,366  
    Amortization  of  purchased  intangible                                                                            
      assets                                                                              356                  350                  476  
    Impairment  of  goodwill  and  purchased                                                                            
      intangible  assets                                                            -                      -              9,188  
    Restructuring  charges                                                    81                  408              1,795  
    Acquisition-related  charges                                          4                    11                      3  
                                                                                  ----------    ----------    ----------  
        Total  costs  and  expenses                                  25,371            25,981            38,502  
                                                                                  ----------    ----------    ----------  
                                                                                                                                                        
Earnings  (loss)  from  operations                              1,855              1,601            (8,833)
                                                                                                                                                        
Interest  and  other,  net                                                (146)              (193)              (224)
                                                                                  ----------    ----------    ----------  
                                                                                                                                                        
Earnings  (loss)  before  taxes                                    1,709              1,408            (9,057)
                                                                                                                                                        
(Provision)  benefit  for  taxes                                    (319)              (331)                200  
                                                                                  ----------    ----------    ----------  
                                                                                                                                                        
Net  earnings  (loss)                                            $        1,390    $        1,077    $      (8,857)
                                                                                  ==========    ==========    ==========  
                                                                                                                                                        
Net  earnings  (loss)  per  share:                                                                                            
    Basic                                                                    $          0.72    $          0.56    $        (4.49)
    Diluted                                                                $          0.71    $          0.55    $        (4.49)
                                                                                                                                                        
Cash  dividends  declared  per  share                $          0.29    $                -    $          0.26  
                                                                                                                                                        
                                                                                                                                                        
Weighted-average  shares  used  to  compute                                                                          
  net  earnings  (loss)  per  share:                                                                                          
    Basic                                                                              1,929              1,935              1,971  
    Diluted                                                                          1,948              1,947              1,971  
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                    HEWLETT-PACKARD  COMPANY  AND  SUBSIDIARIES                                    
                              CONSOLIDATED  CONDENSED  STATEMENTS  OF  EARNINGS                                
                                                                (Unaudited)                                                                  
                                      (In  millions  except  per  share  amounts)                                      
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                                                                              Nine  months  ended        
                                                                                                                      July  31,                  
                                                                                                      ------------------------  
                                                                                                              2013                  2012        
                                                                                                      -----------    -----------  
                                                                                                                                                        
Net  revenue                                                                                $        83,167    $        90,398  
                                                                                                                                                        
Costs  and  expenses:                                                                                                                  
    Cost  of  sales                                                                                  63,943              69,674  
    Research  and  development                                                              2,406                2,490  
    Selling,  general  and  administrative                                        9,916              10,273  
    Amortization  of  purchased  intangible  assets                        1,056                1,412  
    Impairment  of  goodwill  and  purchased  intangible                                                      
      assets                                                                                                        -                9,188  
    Restructuring  charges                                                                        619                1,888  
    Acquisition-related  charges                                                              19                      42  
                                                                                                      -----------    -----------  
        Total  costs  and  expenses                                                        77,959              94,967  
                                                                                                      -----------    -----------  
                                                                                                                                                        
Earnings  (loss)  from  operations                                                    5,208              (4,569)
                                                                                                                                                        
Interest  and  other,  net                                                                      (518)                (688)
                                                                                                      -----------    -----------  
                                                                                                                                                        
Earnings  (loss)  before  taxes                                                          4,690              (5,257)
                                                                                                                                                        
Provision  for  taxes                                                                              (991)                (539)
                                                                                                      -----------    -----------  
                                                                                                                                                        
Net  earnings  (loss)                                                                $          3,699    $        (5,796)
                                                                                                      ===========    ===========  
                                                                                                                                                        
Net  earnings  (loss)  per  share:                                                                                            
    Basic                                                                                        $            1.91    $          (2.93)
    Diluted                                                                                    $            1.89    $          (2.93)
                                                                                                                                                        
Cash  dividends  declared  per  share                                    $            0.55    $            0.50  
                                                                                                                                                        
                                                                                                                                                        
Weighted-average  shares  used  to  compute  net                                                                  
  earnings  (loss)  per  share:                                                                                                  
    Basic                                                                                                    1,939                1,977  
    Diluted                                                                                                1,952                1,977  
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                    HEWLETT-PACKARD  COMPANY  AND  SUBSIDIARIES                                    
                ADJUSTMENTS  TO  GAAP  NET  EARNINGS,  EARNINGS  FROM  OPERATIONS,                  
                                    OPERATING  MARGIN  AND  EARNINGS  PER  SHARE                                      
                                                                (Unaudited)                                                                  
                                      (In  millions  except  per  share  amounts)                                      
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                                              Three                                                                
                                      Three                            months                              Three                        
                                    months        Diluted      ended          Diluted      months        Diluted  
                                    ended        earnings        April      earnings      ended        earnings  
                                  July  31,          per              30,              per        July  31,          per      
                                      2013            share          2013            share          2012            share    
                                  --------    --------    --------    --------    --------    --------  
                                                                                                                                                        
GAAP  net  earnings                                                                                                                      
  (loss)                    $    1,390    $      0.71    $    1,077    $      0.55    $  (8,857)  $    (4.49)
                                                                                                                                                        
Non-GAAP                                                                                                                                        
  adjustments:                                                                                                                              
    Amortization  of                                                                                                                      
      purchased                                                                                                                                
      intangible                                                                                                                              
      assets                          356            0.19              350            0.17              476            0.25  
    Impairment  of                                                                                                                          
      goodwill  and                                                                                                                          
      purchased                                                                                                                                
      intangible                                                                                                                              
      assets(a)                        -                  -                  -                  -          9,188            4.66  
    Restructuring                                                                                                                          
      charges                          81            0.04              408            0.21          1,795            0.91  
    Acquisition-                                                                                                                            
      related                                                                                                                                    
      charges                            4                  -                11            0.01                  3                  -  
    Wind  down  of                                                                                                                            
      non-strategic                                                                                                                        
      businesses(b)                -                  -                  -                  -              108            0.05  
    Adjustments  for                                                                                                                      
      taxes(c)                    (155)        (0.08)          (148)        (0.07)          (740)        (0.38)
                                  --------    --------    --------    --------    --------    --------  
Non-GAAP  net                                                                                                                                
  earnings                $    1,676    $      0.86    $    1,698    $      0.87    $    1,973    $      1.00  
                                  ========    ========    ========    ========    ========    ========  
                                                                                                                                                        
                                                                                                                                                        
GAAP  earnings                                                                                                                              
  (loss)  from                                                                                                                                
  operations            $    1,855                        $    1,601                        $  (8,833)                    
                                                                                                                                                        
Non-GAAP                                                                                                                                        
  adjustments:                                                                                                                              
    Amortization  of                                                                                                                      
      purchased                                                                                                                                
      intangible                                                                                                                              
      assets                          356                                  350                                  476                      
    Impairment  of                                                                                                                          
      goodwill  and                                                                                                                          
      purchased                                                                                                                                
      intangible                                                                                                                              
      assets(a)                        -                                      -                              9,188                      
    Restructuring                                                                                                                          
      charges                          81                                  408                              1,795                      
    Acquisition-                                                                                                                            
      related                                                                                                                                    
      charges                            4                                    11                                      3                      
    Wind  down  of                                                                                                                            
      non-strategic                                                                                                                        
      businesses(b)                -                                      -                                  108                      
                                  --------                        --------                        --------                      
Non-GAAP  earnings                                                                                                                      
  from  operations  $    2,296                        $    2,370                        $    2,737                      
                                  ========                        ========                        ========                      
                                                                                                                                                        
GAAP  operating                                                                                                                            
  margin                                  7%                                    6%                                (30%)                  
Non-GAAP                                                                                                                                        
  adjustments                        1%                                    3%                                  39%                    
                                  --------                        --------                        --------                      
Non-GAAP                                                                                                                                        
  operating  margin              8%                                    9%                                    9%                    
                                  ========                        ========                        ========                      
                                                                                                                                                        
                                                                                                                                                        
(a)  For  the  period  ended  July  31,  2012,  represents  a  goodwill  impairment        
        charge  of  $8  billion  associated  with  the  Enterprise  Services  segment  and
        an  intangible  asset  impairment  charge  of  $1.2  billion  associated  with      
        the  "Compaq"  trade  name.                                                                                                
                                                                                                                                                        
(b)  For  the  period  ended  July  31,  2012,  represents  primarily  contract-            
        related  charges,  including  inventory  write-downs,  related  to  winding        
        down  certain  retail  publishing  business  activities  within  the  Printing    
        segment.                                                                                                                                
                                                                                                                                                        
(c)  For  the  period  ended  July  31,  2012,  adjustments  for  taxes  is  net  of  a      
        valuation  allowance  of  $823  million  provided  for  certain  deferred  tax      
        assets  related  to  the  Enterprise  Services  segment.                                            
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                    HEWLETT-PACKARD  COMPANY  AND  SUBSIDIARIES                                    
                ADJUSTMENTS  TO  GAAP  NET  EARNINGS,  EARNINGS  FROM  OPERATIONS,                  
                                    OPERATING  MARGIN  AND  EARNINGS  PER  SHARE                                      
                                                                (Unaudited)                                                                  
                                      (In  millions  except  per  share  amounts)                                      
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                                        Nine                                    Nine                            
                                                                      months                                months                          
                                                                      ended          Diluted          ended          Diluted    
                                                                  July  31,        earnings    July  31,        earnings  
                                                                        2013        per  share          2012        per  share  
                                                                  ---------    ---------    ---------    ---------  
                                                                                                                                                        
GAAP  net  earnings  (loss)                  $      3,699    $        1.89    $    (5,796)  $      (2.93)
                                                                                                                                                        
Non-GAAP  adjustments:                                                                                                              
    Amortization  of  purchased                                                                                                  
      intangible  assets                                  1,056              0.54            1,412              0.71  
    Impairment  of  goodwill  and                                                                                                
      purchased  intangible                                                                                                          
      assets(a)                                                          -                    -            9,188              4.65  
    Restructuring  charges                                619              0.32            1,888              0.95  
    Acquisition-related  charges                      19              0.01                  42              0.02  
    Wind  down  of  non-strategic                                                                                                
      businesses(b)                                                  -                    -                  72              0.04  
    Adjustments  for  taxes(c)                        (414)          (0.21)        (1,052)          (0.55)
                                                                  ---------    ---------    ---------    ---------  
Non-GAAP  net  earnings                        $      4,979    $        2.55    $      5,754    $        2.89  
                                                                  =========    =========    =========    =========  
                                                                                                                                                        
                                                                                                                                                        
GAAP  earnings  (loss)  from                                                                                                      
  operations                                            $      5,208                          $    (4,569)                      
                                                                                                                                                        
Non-GAAP  adjustments:                                                                                                              
    Amortization  of  purchased                                                                                                  
      intangible  assets                                  1,056                                  1,412                        
    Impairment  of  goodwill  and                                                                                                
      purchased  intangible                                                                                                          
      assets(a)                                                          -                                  9,188                        
    Restructuring  charges                                619                                  1,888                        
    Acquisition-related  charges                      19                                        42                        
    Wind  down  of  non-strategic                                                                                                
      businesses(b)                                                  -                                        72                        
                                                                  ---------                          ---------                        
Non-GAAP  earnings  from                                                                                                            
  operations                                            $      6,902                          $      8,033                        
                                                                  =========                          =========                        
                                                                                                                                                        
GAAP  operating  margin                                        6%                                      (5%)                    
Non-GAAP  adjustments                                          2%                                      14%                      
                                                                  ---------                          ---------                        
Non-GAAP  operating  margin                                8%                                        9%                      
                                                                  =========                          =========                        
                                                                                                                                                        
                                                                                                                                                        
(a)  For  the  period  ended  July  31,  2012,  represents  a  goodwill  impairment        
        charge  of  $8  billion  associated  with  the  Enterprise  Services  segment  and
        an  intangible  asset  impairment  charge  of  $1.2  billion  associated  with      
        the  "Compaq"  trade  name.                                                                                                
                                                                                                                                                        
(b)  For  the  period  ended  July  31,  2012,  represents  primarily  contract-            
        related  charges,  including  inventory  write-downs,  related  to  winding        
        down  certain  retail  publishing  business  activities  within  the  Printing    
        segment  net  of  adjustments  to  expenses  for  supplier-related  obligations  
        related  to  winding  down  the  webOS  device  business.                                            
                                                                                                                                                        
(c)  For  the  period  ended  July  31,  2012,  adjustments  for  taxes  is  net  of  a      
        valuation  allowance  of  $823  million  provided  for  certain  deferred  tax      
        assets  related  to  the  Enterprise  Services  segment.                                            
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                    HEWLETT-PACKARD  COMPANY  AND  SUBSIDIARIES                                    
                                        CONSOLIDATED  CONDENSED  BALANCE  SHEETS                                      
                                                                (In  millions)                                                              
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                                                                            July  31,      October  31,
                                                                                                                2013                  2012      
                                                                                                        -----------    -----------
                                                                                                        (Unaudited)                          
ASSETS                                                                                                                                            
                                                                                                                                                        
Current  assets:                                                                                                                          
    Cash  and  cash  equivalents                                                  $        13,251    $        11,301
    Accounts  receivable                                                                        14,336              16,407
    Financing  receivables                                                                      3,113                3,252
    Inventory                                                                                              6,540                6,317
    Other  current  assets                                                                      12,718              13,360
                                                                                                        -----------    -----------
                                                                                                                                                        
        Total  current  assets                                                                  49,958              50,637
                                                                                                        -----------    -----------
                                                                                                                                                        
Property,  plant  and  equipment                                                        11,328              11,954
                                                                                                                                                        
Long-term  financing  receivables  and  other  assets                    9,913              10,593
                                                                                                                                                        
Goodwill  and  purchased  intangible  assets                                  34,601              35,584
                                                                                                        -----------    -----------
                                                                                                                                                        
Total  assets                                                                                $      105,800    $      108,768
                                                                                                        ===========    ===========
                                                                                                                                                        
                                                                                                                                                        
LIABILITIES  AND  STOCKHOLDERS'  EQUITY                                                                                
                                                                                                                                                        
Current  liabilities:                                                                                                                
    Notes  payable  and  short-term  borrowings                      $          7,624    $          6,647
    Accounts  payable                                                                              13,293              13,350
    Employee  compensation  and  benefits                                            4,075                4,058
    Taxes  on  earnings                                                                                  979                    846
    Deferred  revenue                                                                                6,571                7,494
    Other  accrued  liabilities                                                            13,470              14,271
                                                                                                        -----------    -----------
                                                                                                                                                        
        Total  current  liabilities                                                        46,012              46,666
                                                                                                        -----------    -----------
                                                                                                                                                        
Long-term  debt                                                                                      17,124              21,789
                                                                                                                                                        
Other  liabilities                                                                                17,686              17,480
                                                                                                                                                        
Stockholders'  equity:                                                                                                              
    HP  stockholders'  equity                                                                24,603              22,436
    Non-controlling  interests                                                                  375                    397
                                                                                                        -----------    -----------
                                                                                                                                                        
        Total  stockholders'  equity                                                      24,978              22,833
                                                                                                        -----------    -----------
                                                                                                                                                        
Total  liabilities  and  stockholders'  equity                    $      105,800    $      108,768
                                                                                                        ===========    ===========
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                    HEWLETT-PACKARD  COMPANY  AND  SUBSIDIARIES                                    
                            CONSOLIDATED  CONDENSED  STATEMENTS  OF  CASH  FLOWS                              
                                                                (Unaudited)                                                                  
                                                              (In  millions)                                                                
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                                                                  Three  months      Nine  months  
                                                                                                          ended                  ended        
                                                                                                      July  31,            July  31,      
                                                                                                          2013                    2013          
                                                                                                  ------------    ------------  
                                                                                                                                                        
Cash  flows  from  operating  activities:                                                                              
    Net  earnings                                                                      $            1,390    $            3,699  
    Adjustments  to  reconcile  net  earnings  to  net                                                            
      cash  provided  by  operating  activities:                                                                      
        Depreciation  and  amortization                                              1,158                  3,491  
        Stock-based  compensation  expense                                            107                      398  
        Provision  for  bad  debt  and  inventory                                      48                      265  
        Restructuring  charges                                                                    81                      619  
        Deferred  taxes  on  earnings                                                          70                      542  
        Excess  tax  benefit  from  stock-based                                                                          
          compensation                                                                                    (1)                      (1)
        Other,  net                                                                                        117                      343  
                                                                                                                                                        
        Changes  in  operating  assets  and  liabilities:                                                        
            Accounts  and  financing  receivables                                    492                  2,640  
            Inventory                                                                                    (585)                  (445)
            Accounts  payable                                                                        980                      (70)
            Taxes  on  earnings                                                                      (94)                  (520)
            Restructuring                                                                            (242)                  (644)
            Other  assets  and  liabilities                                              (847)              (1,525)
                                                                                                  ------------    ------------  
                Net  cash  provided  by  operating                                                                            
                  activities                                                                          2,674                  8,792  
                                                                                                  ------------    ------------  
                                                                                                                                                        
Cash  flows  from  investing  activities:                                                                              
        Investment  in  property,  plant  and  equipment                    (880)              (2,280)
        Proceeds  from  sale  of  property,  plant  and                                                              
          equipment                                                                                        233                      507  
        Purchases  of  available-for-sale  securities                                                            
          and  other  investments                                                              (296)                  (793)
        Maturities  and  sales  of  available-for-sale                                                            
          securities  and  other  investments                                          282                      874  
        Payments  made  in  connection  with  business                                                              
          acquisitions,  net  of  cash  acquired                                          -                    (167)
                                                                                                  ------------    ------------  
                Net  cash  used  in  investing  activities                        (661)              (1,859)
                                                                                                  ------------    ------------  
                                                                                                                                                        
Cash  flows  from  financing  activities:                                                                              
        Repayment  of  commercial  paper  and  notes                                                                  
          payable,  net                                                                                  (37)                  (170)
        Issuance  of  debt                                                                              55                      254  
        Payment  of  debt                                                                        (1,805)              (3,473)
        Issuance  of  common  stock  under  employee                                                                  
          stock  plans                                                                                      67                      279  
        Repurchase  of  common  stock                                                          (3)              (1,053)
        Excess  tax  benefit  from  stock-based                                                                          
          compensation                                                                                      1                          1  
        Cash  dividends  paid                                                                    (280)                  (821)
                                                                                                  ------------    ------------  
                Net  cash  used  in  financing  activities                    (2,002)              (4,983)
                                                                                                  ------------    ------------  
                                                                                                                                                        
Increase  in  cash  and  cash  equivalents                                            11                  1,950  
Cash  and  cash  equivalents  at  beginning  of  period              13,240                11,301  
                                                                                                  ------------    ------------  
Cash  and  cash  equivalents  at  end  of  period              $          13,251    $          13,251  
                                                                                                  ============    ============  
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                    HEWLETT-PACKARD  COMPANY  AND  SUBSIDIARIES                                    
                                                        SEGMENT  INFORMATION                                                          
                                                                (Unaudited)                                                                  
                                                              (In  millions)                                                                
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                                                                Three  months  ended                    
                                                                            -------------------------------------  
                                                                                July  31,        April  30,          July  31,    
                                                                                    2013                  2013                  2012        
                                                                            -----------    -----------    -----------  
Net  revenue:(a)                                                                                                                          
                                                                                                                                                        
    Personal  Systems                                        $          7,704    $          7,584    $          8,636  
    Printing                                                                    5,803                6,081                6,017  
                                                                            -----------    -----------    -----------  
        Total  Printing  and  Personal                                                                                          
          Systems  Group(b)                                            13,507              13,665              14,653  
    Enterprise  Group                                                    6,786                6,819                7,492  
    Enterprise  Services                                              5,843                5,999                6,397  
    Software                                                                        982                    941                    973  
    HP  Financial  Services                                              879                    881                    935  
    Corporate  Investments                                                  5                      10                      11  
                                                                            -----------    -----------    -----------  
    Total  segments                                                      28,002              28,315              30,461  
    Elimination  of  intersegment  net                                                                                      
      revenue  and  other                                                  (776)                (733)                (792)
                                                                            -----------    -----------    -----------  
                                                                                                                                                        
        Total  HP  consolidated  net  revenue  $        27,226    $        27,582    $        29,669  
                                                                            ===========    ===========    ===========  
                                                                                                                                                        
Earnings  before  taxes:(a)                                                                                                      
                                                                                                                                                        
    Personal  Systems                                        $              228    $              239    $              405  
    Printing                                                                        908                    958                    949  
                                                                            -----------    -----------    -----------  
        Total  Printing  and  Personal                                                                                          
          Systems  Group(b)                                              1,136                1,197                1,354  
    Enterprise  Group                                                    1,033                1,082                1,284  
    Enterprise  Services                                                  192                    156                    240  
    Software                                                                        201                    180                    175  
    HP  Financial  Services                                                99                      97                      97  
    Corporate  Investments                                              (58)                  (56)                  (57)
                                                                            -----------    -----------    -----------  
        Total  segment  earnings  from                                                                                          
          operations                                                          2,603                2,656                3,093  
                                                                                                                                                        
    Corporate  and  unallocated  costs  and                                                                              
      eliminations                                                            (200)                (179)                (314)
    Unallocated  costs  related  to  stock-                                                                              
      based  compensation  expense                                (107)                (107)                (150)
    Amortization  of  purchased                                                                                                  
      intangible  assets                                                  (356)                (350)                (476)
    Impairment  of  goodwill  and                                                                                                
      purchased  intangible  assets                                    -                        -              (9,188)
    Restructuring  charges                                              (81)                (408)            (1,795)
    Acquisition-related  charges                                    (4)                  (11)                    (3)
    Interest  and  other,  net                                        (146)                (193)                (224)
                                                                            -----------    -----------    -----------  
                                                                                                                                                        
        Total  HP  consolidated  earnings                                                                                    
          (loss)  before  taxes                            $          1,709    $          1,408    $        (9,057)
                                                                            ===========    ===========    ===========  
                                                                                                                                                        
(a)  HP  has  implemented  certain  organizational  realignments  in  the  first          
        quarter  of  fiscal  2013.  As  a  result  of  these  realignments,  HP  has  re-      
        evaluated  its  segment  financial  reporting  structure  and,  effective  in      
        the  first  quarter  of  fiscal  2013,  created  two  new  financial  reporting      
        segments,  the  Enterprise  Group  segment  and  the  Enterprise  Services            
        segment,  and  eliminated  two  other  financial  reporting  segments,  the          
        Enterprise  Servers,  Storage  and  Networking  ("ESSN")  segment  and  the          
        Services  segment.  The  Enterprise  Group  segment  consists  of  the  business  
        units  within  the  former  ESSN  segment  and  most  of  the  services  offerings  
        of  the  Technology  Services  ("TS")  business  unit,  which  was  previously  a  
        part  of  the  former  Services  segment.  The  Enterprise  Services  segment        
        consists  of  the  Applications  and  Business  Services  ("ABS")  and                    
        Infrastructure  Technology  Outsourcing  ("ITO")  business  units  from  the      
        former  Services  segment,  along  with  the  end-user  workplace  support            
        services  business  that  was  previously  a  part  of  the  TS  business  unit.      
        Taking  into  account  these  changes,  HP  has  the  following  seven  financial  
        reporting  segments:  Personal  Systems,  Printing,  the  Enterprise  Group,      
        Enterprise  Services,  Software,  HP  Financial  Services  and  Corporate            
        Investments.                                                                                                                        
                                                                                                                                                        
        Also  as  a  result  of  these  realignments,  the  financial  results  of  the        
        Personal  Systems  commercial  products  support  business,  which  were              
        previously  reported  as  part  of  the  TS  business  unit,  will  now  be                
        reported  as  part  of  the  Other  business  unit  within  the  Personal  Systems  
        segment,  and  the  financial  results  of  the  portion  of  the  business              
        intelligence  services  business  that  had  continued  to  be  reported  as  part
        of  the  Corporate  Investments  segment  following  the  implementation  of        
        prior  realignment  actions  will  now  be  reported  as  part  of  the  ABS              
        business  unit.  In  addition,  the  end-user  workplace  support  services          
        business,  which,  as  noted  above,  was  previously  a  part  of  the  TS                
        business  unit  and  will  now  become  a  part  of  the  Enterprise  Services          
        segment,  will  be  reported  as  part  of  the  ITO  business  unit  within  that    
        segment.                                                                                                                                
                                                                                                                                                        
        To  provide  improved  visibility  and  comparability,  HP  has  reflected  these
        changes  to  its  reporting  structure  in  prior  financial  reporting  periods  
        on  an  as-if  basis,  which  has  resulted  in  the  transfer  of  revenue  and        
        operating  profit  among  the  Personal  Systems,  the  Enterprise  Group,            
        Enterprise  Services  and  Corporate  Investments  segments.  These  changes      
        had  no  impact  on  the  previously  reported  financial  results  for  the            
        Printing,  Software  or  HP  Financial  Services  segments.  In  addition,  none  
        of  these  changes  impacted  HP's  previously  reported  consolidated  net          
        revenue,  earnings  from  operations,  net  earnings  or  net  earnings  per          
        share.                                                                                                                                    
                                                                                                                                                        
(b)  The  Personal  Systems  segment  and  the  Printing  segment  are  structured        
        beneath  a  broader  Printing  and  Personal  Systems  Group  ("PPS").  While  PPS
        is  not  a  financial  reporting  segment,  HP  provides  financial  data                
        aggregating  the  segments  within  it  in  order  to  provide  a  supplementary    
        view  of  its  business.                                                                                                      
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                    HEWLETT-PACKARD  COMPANY  AND  SUBSIDIARIES                                    
                                                        SEGMENT  INFORMATION                                                          
                                                                (Unaudited)                                                                  
                                                              (In  millions)                                                                
                                                                                                                                                        
                                                                                                                                                        
                                                                                                              Nine  months  ended        
                                                                                                                      July  31,                  
                                                                                                      ------------------------  
                                                                                                              2013                  2012        
                                                                                                      -----------    -----------  
Net  revenue:(a)                                                                                                                          
                                                                                                                                                        
    Personal  Systems                                                                  $        23,492    $        26,998  
    Printing                                                                                            17,810              18,407  
                                                                                                      -----------    -----------  
        Total  Printing  and  Personal  Systems  Group(b)                41,302              45,405  
    Enterprise  Group                                                                            20,589              22,320  
    Enterprise  Services                                                                      17,761              19,257  
    Software                                                                                              2,849                2,889  
    HP  Financial  Services                                                                    2,717                2,853  
    Corporate  Investments                                                                          19                      48  
                                                                                                      -----------    -----------  
        Total  Segments                                                                            85,237              92,772  
    Elimination  of  intersegment  net  revenue  and                                                              
      other                                                                                                (2,070)            (2,374)
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Total  HP  consolidated  net  revenue                            $        83,167    $        90,398  
                                                                                                      ===========    ===========  
                                                                                                                                                        
Earnings  before  taxes:(a)                                                                                                      
                                                                                                                                                        
    Personal  Systems                                                                  $              690    $          1,380  
    Printing                                                                                              2,819                2,518  
                                                                                                      -----------    -----------  
        Total  Printing  and  Personal  Systems  Group(b)                  3,509                3,898  
    Enterprise  Group                                                                              3,199                3,965  
    Enterprise  Services                                                                            424                    622  
    Software                                                                                                  538                    509  
    HP  Financial  Services                                                                        297                    284  
    Corporate  Investments                                                                      (179)                (155)
                                                                                                      -----------    -----------  
        Total  segment  earnings  from  operations                              7,788                9,123  
                                                                                                                                                        
    Corporate  and  unallocated  costs  and  eliminations                (488)                (670)
    Unallocated  costs  related  to  stock-based                                                                    
      compensation  expense                                                                      (398)                (492)
    Amortization  of  purchased  intangible  assets                      (1,056)            (1,412)
    Impairment  of  goodwill  and  purchased  intangible                                                      
      assets                                                                                                        -              (9,188)
    Restructuring  charges                                                                      (619)            (1,888)
    Acquisition-related  charges                                                            (19)                  (42)
    Interest  and  other,  net                                                                  (518)                (688)
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Total  HP  consolidated  earnings  (loss)  before                                                        
          taxes                                                                                  $          4,690    $        (5,257)
                                                                                                      ===========    ===========  
                                                                                                                                                        
(a)  HP  has  implemented  certain  organizational  realignments  in  the  first          
        quarter  of  fiscal  2013.  As  a  result  of  these  realignments,  HP  has  re-      
        evaluated  its  segment  financial  reporting  structure  and,  effective  in      
        the  first  quarter  of  fiscal  2013,  created  two  new  financial  reporting      
        segments,  the  Enterprise  Group  segment  and  the  Enterprise  Services            
        segment,  and  eliminated  two  other  financial  reporting  segments,  the          
        Enterprise  Servers,  Storage  and  Networking  ("ESSN")  segment  and  the          
        Services  segment.  The  Enterprise  Group  segment  consists  of  the  business  
        units  within  the  former  ESSN  segment  and  most  of  the  services  offerings  
        of  the  Technology  Services  ("TS")  business  unit,  which  was  previously  a  
        part  of  the  former  Services  segment.  The  Enterprise  Services  segment        
        consists  of  the  Applications  and  Business  Services  ("ABS")  and                    
        Infrastructure  Technology  Outsourcing  ("ITO")  business  units  from  the      
        former  Services  segment,  along  with  the  end-user  workplace  support            
        services  business  that  was  previously  a  part  of  the  TS  business  unit.      
        Taking  into  account  these  changes,  HP  has  the  following  seven  financial  
        reporting  segments:  Personal  Systems,  Printing,  the  Enterprise  Group,      
        Enterprise  Services,  Software,  HP  Financial  Services  and  Corporate            
        Investments.                                                                                                                        
                                                                                                                                                        
        Also  as  a  result  of  these  realignments,  the  financial  results  of  the        
        Personal  Systems  commercial  products  support  business,  which  were              
        previously  reported  as  part  of  the  TS  business  unit,  will  now  be                
        reported  as  part  of  the  Other  business  unit  within  the  Personal  Systems  
        segment,  and  the  financial  results  of  the  portion  of  the  business              
        intelligence  services  business  that  had  continued  to  be  reported  as  part
        of  the  Corporate  Investments  segment  following  the  implementation  of        
        prior  realignment  actions  will  now  be  reported  as  part  of  the  ABS              
        business  unit.  In  addition,  the  end-user  workplace  support  services          
        business,  which,  as  noted  above,  was  previously  a  part  of  the  TS                
        business  unit  and  will  now  become  a  part  of  the  Enterprise  Services          
        segment,  will  be  reported  as  part  of  the  ITO  business  unit  within  that    
        segment.                                                                                                                                
                                                                                                                                                        
        To  provide  improved  visibility  and  comparability,  HP  has  reflected  these
        changes  to  its  reporting  structure  in  prior  financial  reporting  periods  
        on  an  as-if  basis,  which  has  resulted  in  the  transfer  of  revenue  and        
        operating  profit  among  the  Personal  Systems,  the  Enterprise  Group,            
        Enterprise  Services  and  Corporate  Investments  segments.  These  changes      
        had  no  impact  on  the  previously  reported  financial  results  for  the            
        Printing,  Software  or  HP  Financial  Services  segments.  In  addition,  none  
        of  these  changes  impacted  HP's  previously  reported  consolidated  net          
        revenue,  earnings  from  operations,  net  earnings  or  net  earnings  per          
        share.                                                                                                                                    
                                                                                                                                                        
(b)  The  Personal  Systems  segment  and  the  Printing  segment  are  structured        
        beneath  a  broader  Printing  and  Personal  Systems  Group  ("PPS").  While  PPS
        is  not  a  financial  reporting  segment,  HP  provides  financial  data                
        aggregating  the  segments  within  it  in  order  to  provide  a  supplementary    
        view  of  its  business.                                                                                                      
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                  HEWLETT-PACKARD  COMPANY  AND  SUBSIDIARIES                                      
                                        SEGMENT  /  BUSINESS  UNIT  INFORMATION                                          
                                                                (Unaudited)                                                                  
                                                              (In  millions)                                                                
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                            Growth  rate      
                                                                      Three  months  ended                          (%)              
                                                        -------------------------------    -------------    
                                                          July  31,    April  30,      July  31,                                  
                                                              2013              2013              2012          Q/Q          Y/Y      
                                                        ---------    ---------    ---------    -----      -----    
Net  revenue:(a)                                                                                                                          
                                                                                                                                                        
    Printing  and  Personal                                                                                                          
      Systems  Group(b)                                                                                                                  
        Personal  Systems                                                                                                                
            Notebooks                          $      3,722    $      3,718    $      4,416            0%        (16%)
            Desktops                                    3,147            3,103            3,486            1%        (10%)
            Workstations                                537                521                526            3%            2%  
            Other                                              298                242                208          23%          43%  
                                                        ---------    ---------    ---------                                  
                Total  Personal                                                                                                            
                  Systems                                7,704            7,584            8,636            2%        (11%)
                                                        ---------    ---------    ---------                                  
                                                                                                                                                        
        Printing                                                                                                                                
            Supplies                                    3,839            4,122            4,005          (7%)        (4%)
            Commercial  Hardware              1,399            1,398            1,445            0%          (3%)
            Consumer  Hardware                      565                561                567            1%            0%  
                                                        ---------    ---------    ---------                                  
                Total  Printing                    5,803            6,081            6,017          (5%)        (4%)
                                                        ---------    ---------    ---------                                  
                    Total  Printing                                                                                                        
                      and  Personal                                                                                                          
                      Systems  Group              13,507          13,665          14,653          (1%)        (8%)
                                                        ---------    ---------    ---------                                  
                                                                                                                                                        
        Enterprise  Group                                                                                                                
            Industry  Standard                                                                                                          
              Servers                                    2,851            2,806            3,187            2%        (11%)
            Technology  Services              2,174            2,272            2,349          (4%)        (7%)
            Storage                                          833                857                924          (3%)      (10%)
            Networking                                    644                618                647            4%            0%  
            Business  Critical                                                                                                          
              Systems                                        284                266                385            7%        (26%)
                                                        ---------    ---------    ---------                                  
                Total  Enterprise                                                                                                        
                  Group                                    6,786            6,819            7,492            0%          (9%)
                                                        ---------    ---------    ---------                                  
                                                                                                                                                        
        Enterprise  Services                                                                                                          
            Infrastructure                                                                                                                
              Technology                                                                                                                      
              Outsourcing                            3,662            3,721            3,934          (2%)        (7%)
            Application  and                                                                                                              
              Business  Services                2,181            2,278            2,463          (4%)      (11%)
                                                        ---------    ---------    ---------                                  
                Total  Enterprise                                                                                                        
                  Services                              5,843            5,999            6,397          (3%)        (9%)
                                                        ---------    ---------    ---------                                  
                                                                                                                                                        
        Software                                            982                941                973            4%            1%  
                                                        ---------    ---------    ---------                                  
                                                                                                                                                        
        HP  Financial  Services                  879                881                935            0%          (6%)
                                                        ---------    ---------    ---------                                  
                                                                                                                                                        
        Corporate  Investments                      5                  10                  11        (50%)      (55%)
                                                        ---------    ---------    ---------                                  
                Total  segments                  28,002          28,315          30,461          (1%)        (8%)
                                                        ---------    ---------    ---------                                  
                                                                                                                                                        
        Elimination  of                                                                                                                    
          intersegment  net                                                                                                              
          revenue  and  other                      (776)            (733)            (792)          6%          (2%)
                                                        ---------    ---------    ---------                                  
                                                                                                                                                        
            Total  HP  consolidated                                                                                                  
              net  revenue                    $    27,226    $    27,582    $    29,669          (1%)        (8%)
                                                        =========    =========    =========    =====      =====    
                                                                                                                                                        
(a)  HP  has  implemented  certain  organizational  realignments  in  the  first          
        quarter  of  fiscal  2013.  As  a  result  of  these  realignments,  HP  has  re-      
        evaluated  its  segment  financial  reporting  structure  and,  effective  in      
        the  first  quarter  of  fiscal  2013,  created  two  new  financial  reporting      
        segments,  the  Enterprise  Group  segment  and  the  Enterprise  Services            
        segment,  and  eliminated  two  other  financial  reporting  segments,  the          
        Enterprise  Servers,  Storage  and  Networking  ("ESSN")  segment  and  the          
        Services  segment.  The  Enterprise  Group  segment  consists  of  the  business  
        units  within  the  former  ESSN  segment  and  most  of  the  services  offerings  
        of  the  Technology  Services  ("TS")  business  unit,  which  was  previously  a  
        part  of  the  former  Services  segment.  The  Enterprise  Services  segment        
        consists  of  the  Applications  and  Business  Services  ("ABS")  and                    
        Infrastructure  Technology  Outsourcing  ("ITO")  business  units  from  the      
        former  Services  segment,  along  with  the  end-user  workplace  support            
        services  business  that  was  previously  a  part  of  the  TS  business  unit.      
        Taking  into  account  these  changes,  HP  has  the  following  seven  financial  
        reporting  segments:  Personal  Systems,  Printing,  the  Enterprise  Group,      
        Enterprise  Services,  Software,  HP  Financial  Services  and  Corporate            
        Investments.                                                                                                                        
                                                                                                                                                        
        Also  as  a  result  of  these  realignments,  the  financial  results  of  the        
        Personal  Systems  commercial  products  support  business,  which  were              
        previously  reported  as  part  of  the  TS  business  unit,  will  now  be                
        reported  as  part  of  the  Other  business  unit  within  the  Personal  Systems  
        segment,  and  the  financial  results  of  the  portion  of  the  business              
        intelligence  services  business  that  had  continued  to  be  reported  as  part
        of  the  Corporate  Investments  segment  following  the  implementation  of        
        prior  realignment  actions  will  now  be  reported  as  part  of  the  ABS              
        business  unit.  In  addition,  the  end-user  workplace  support  services          
        business,  which,  as  noted  above,  was  previously  a  part  of  the  TS                
        business  unit  and  will  now  become  a  part  of  the  Enterprise  Services          
        segment,  will  be  reported  as  part  of  the  ITO  business  unit  within  that    
        segment.                                                                                                                                
                                                                                                                                                        
        To  provide  improved  visibility  and  comparability,  HP  has  reflected  these
        changes  to  its  reporting  structure  in  prior  financial  reporting  periods  
        on  an  as-if  basis,  which  has  resulted  in  the  transfer  of  revenue  and        
        operating  profit  among  the  Personal  Systems,  the  Enterprise  Group,            
        Enterprise  Services  and  Corporate  Investments  segments.  These  changes      
        had  no  impact  on  the  previously  reported  financial  results  for  the            
        Printing,  Software  or  HP  Financial  Services  segments.  In  addition,  none  
        of  these  changes  impacted  HP's  previously  reported  consolidated  net          
        revenue,  earnings  from  operations,  net  earnings  or  net  earnings  per          
        share.                                                                                                                                    
                                                                                                                                                        
(b)  The  Personal  Systems  segment  and  the  Printing  segment  are  structured        
        beneath  a  broader  Printing  and  Personal  Systems  Group  ("PPS").  While  PPS
        is  not  a  financial  reporting  segment,  HP  provides  financial  data                
        aggregating  the  segments  within  it  in  order  to  provide  a  supplementary    
        view  of  its  business.                                                                                                      
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                    HEWLETT-PACKARD  COMPANY  AND  SUBSIDIARIES                                    
                                        SEGMENT  /  BUSINESS  UNIT  INFORMATION                                          
                                                                (Unaudited)                                                                  
                                                              (In  millions)                                                                
                                                                                                                                                        
                                                                                                                                                        
                                                                                                              Nine  months  ended        
                                                                                                                      July  31,                  
                                                                                                      ------------------------  
                                                                                                              2013                  2012        
                                                                                                      -----------    -----------  
                                                                                                                                                        
Net  revenue:(a)                                                                                                                          
                                                                                                                                                        
    Printing  and  Personal  Systems  Group(b)                                                                        
        Personal  Systems                                                                                                                
            Notebooks                                                                        $        11,568    $        14,258  
            Desktops                                                                                      9,571              10,519  
            Workstations                                                                              1,593                1,598  
            Other                                                                                                760                    623  
                                                                                                      -----------    -----------  
                Total  Personal  Systems                                                    23,492              26,998  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Printing                                                                                                                                
            Supplies                                                                                    11,854              12,144  
            Commercial  Hardware                                                                4,151                4,413  
            Consumer  Hardware                                                                    1,805                1,850  
                                                                                                      -----------    -----------  
                Total  Printing                                                                    17,810              18,407  
                                                                                                      -----------    -----------  
                    Total  Printing  and  Personal  Systems                                                              
                      Group                                                                                41,302              45,405  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Enterprise  Group                                                                                                                
            Industry  Standard  Servers                                                    8,651                9,445  
            Technology  Services                                                                6,689                6,948  
            Storage                                                                                        2,523                2,869  
            Networking                                                                                  1,870                1,847  
            Business  Critical  Systems                                                        856                1,211  
                                                                                                      -----------    -----------  
                Total  Enterprise  Group                                                    20,589              22,320  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Enterprise  Services                                                                                                          
        Infrastructure  Technology  Outsourcing                              11,119              11,868  
        Application  and  Business  Services                                        6,642                7,389  
                                                                                                      -----------    -----------  
        Total  Enterprise  Services                                                      17,761              19,257  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Software                                                                                          2,849                2,889  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        HP  Financial  Services                                                                2,717                2,853  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Corporate  Investments                                                                      19                      48  
                                                                                                      -----------    -----------  
                Total  segments                                                                    85,237              92,772  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Elimination  of  intersegment  net  revenue  and                                                          
          other                                                                                            (2,070)            (2,374)
                                                                                                      -----------    -----------  
                                                                                                                                                        
            Total  HP  consolidated  net  revenue                        $        83,167    $        90,398  
                                                                                                      ===========    ===========  
                                                                                                                                                        
(a)  HP  has  implemented  certain  organizational  realignments  in  the  first          
        quarter  of  fiscal  2013.  As  a  result  of  these  realignments,  HP  has  re-      
        evaluated  its  segment  financial  reporting  structure  and,  effective  in      
        the  first  quarter  of  fiscal  2013,  created  two  new  financial  reporting      
        segments,  the  Enterprise  Group  segment  and  the  Enterprise  Services            
        segment,  and  eliminated  two  other  financial  reporting  segments,  the          
        Enterprise  Servers,  Storage  and  Networking  ("ESSN")  segment  and  the          
        Services  segment.  The  Enterprise  Group  segment  consists  of  the  business  
        units  within  the  former  ESSN  segment  and  most  of  the  services  offerings  
        of  the  Technology  Services  ("TS")  business  unit,  which  was  previously  a  
        part  of  the  former  Services  segment.  The  Enterprise  Services  segment        
        consists  of  the  Applications  and  Business  Services  ("ABS")  and                    
        Infrastructure  Technology  Outsourcing  ("ITO")  business  units  from  the      
        former  Services  segment,  along  with  the  end-user  workplace  support            
        services  business  that  was  previously  a  part  of  the  TS  business  unit.      
        Taking  into  account  these  changes,  HP  has  the  following  seven  financial  
        reporting  segments:  Personal  Systems,  Printing,  the  Enterprise  Group,      
        Enterprise  Services,  Software,  HP  Financial  Services  and  Corporate            
        Investments.                                                                                                                        
                                                                                                                                                        
        Also  as  a  result  of  these  realignments,  the  financial  results  of  the        
        Personal  Systems  commercial  products  support  business,  which  were              
        previously  reported  as  part  of  the  TS  business  unit,  will  now  be                
        reported  as  part  of  the  Other  business  unit  within  the  Personal  Systems  
        segment,  and  the  financial  results  of  the  portion  of  the  business              
        intelligence  services  business  that  had  continued  to  be  reported  as  part
        of  the  Corporate  Investments  segment  following  the  implementation  of        
        prior  realignment  actions  will  now  be  reported  as  part  of  the  ABS              
        business  unit.  In  addition,  the  end-user  workplace  support  services          
        business,  which,  as  noted  above,  was  previously  a  part  of  the  TS                
        business  unit  and  will  now  become  a  part  of  the  Enterprise  Services          
        segment,  will  be  reported  as  part  of  the  ITO  business  unit  within  that    
        segment.                                                                                                                                
                                                                                                                                                        
        To  provide  improved  visibility  and  comparability,  HP  has  reflected  these
        changes  to  its  reporting  structure  in  prior  financial  reporting  periods  
        on  an  as-if  basis,  which  has  resulted  in  the  transfer  of  revenue  and        
        operating  profit  among  the  Personal  Systems,  the  Enterprise  Group,            
        Enterprise  Services  and  Corporate  Investments  segments.  These  changes      
        had  no  impact  on  the  previously  reported  financial  results  for  the            
        Printing,  Software  or  HP  Financial  Services  segments.  In  addition,  none  
        of  these  changes  impacted  HP's  previously  reported  consolidated  net          
        revenue,  earnings  from  operations,  net  earnings  or  net  earnings  per          
        share.                                                                                                                                    
                                                                                                                                                        
(b)  The  Personal  Systems  segment  and  the  Printing  segment  are  structured        
        beneath  a  broader  Printing  and  Personal  Systems  Group  ("PPS").  While  PPS
        is  not  a  financial  reporting  segment,  HP  provides  financial  data                
        aggregating  the  segments  within  it  in  order  to  provide  a  supplementary    
        view  of  its  business.                                                                                                      
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
 

« Previous Page 1 | 2 | 3 | 4 | 5  Next Page »



Review Article Be the first to review this article
CST: Webinar November 9, 2017

Synopsys: Custom Compiler

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
DVCon Europe 2017: Munich and So much more
More Editorial  
Jobs
Senior R&D Engineer...Timing Closure Specialist for EDA Careers at San Jose or Anywhere, CA
Senior Front-End RTL Design AE for EDA Careers at San Jose, CA
Technical Support Engineer EU/Germany/UK for EDA Careers at N/A, United Kingdom
Upcoming Events
25th IFIP/IEEE International Conference on Very Large Scale Integration (VLSI-SoC 2017) at Yas Viceroy Abu Dhabi Yas Marina Circuit, Yas Island Abu Dhabi United Arab Emirates - Oct 23 - 25, 2017
ARM TechCon 2017 at Santa Clara Convention Center Santa Clara CA - Oct 24 - 26, 2017
MIPI DevCon Bangalore 2017 at The Leela Palace Bengaluru India - Oct 27, 2017
MIPI DevCon Hsinchu City 2017 at Sheraton Hsinchu Hotel Taiwan - Oct 31, 2017
CST: Webinar series



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise