Fair Value (Tables)

9 Months Ended

Jul. 31, 2017

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis

The following table presents HP’s assets and liabilities that are measured at fair value on a recurring basis:

	As of July 31, 2017								As of October 31, 2016
	Fair Value Measured Using								Fair Value Measured Using
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	In millions
Assets:
Cash Equivalents:
Corporate debt	$	—	$	1,929	$	—	$	1,929	$	—	$	2,092	$	—	$	2,092
Financial institution instruments	—		5		—		5		—		—		—		—
Government debt(1)	3,436		46		—		3,482		2,568		—		—		2,568
Available-for-Sale Investments:
Corporate debt	—		506		—		506		—		—		—		—
Financial institution instruments	—		50		—		50		—		2		—		2
Government debt(1)	224		240		—		464		—		—		—		—
Mutual funds	49		—		—		49		44		—		—		44
Marketable equity securities	6		6		—		12		5		4		—		9
Derivative Instruments:
Interest rate contracts	—		5		—		5		—		48		—		48
Foreign currency contracts	—		56		2		58		—		266		11		277
Other derivatives	—		3		—		3		—		—		—		—
Total Assets	$	3,715	$	2,846	$	2	$	6,563	$	2,617	$	2,412	$	11	$	5,040
Liabilities:
Derivative Instruments:
Foreign currency contracts	$	—	$	657	$	1	$	658	$	—	$	94	$	1	$	95
Other derivatives	—		—		—		—		—		2		—		2
Total Liabilities	$	—	$	657	$	1	$	658	$	—	$	96	$	1	$	97

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(1)Government debt includes instruments such as U.S. treasury notes, U.S agency securities and non-U.S. government bonds.