Fair Value (Tables)

3 Months Ended

Jan. 31, 2020

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 January 31, 2020								As of October 31, 2019
	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	$	—	$	1,001	$	—	$	1,001	$	—	$	1,283	$	—	$	1,283
Government debt(1)	2,050		112		—		2,162		2,422		—		—		2,422
Available-for-Sale Investments:
Corporate debt	—		242		—		242		—		—		—		—
Financial institution instruments	—		31		—		31		—		—		—		—
Government debt(1)	—		15		—		15		—		—		—		—
Marketable equity securities and Mutual funds	10		50		—		60		6		50		—		56
Derivative Instruments:
Interest rate contracts	—		4		—		4		—		4		—		4
Foreign currency contracts	—		374		—		374		—		381		—		381
Other derivatives	—		13		—		13		—		7		—		7
Total Assets	$	2,060	$	1,842	$	—	$	3,902	$	2,428	$	1,725	$	—	$	4,153
Liabilities:
Derivative Instruments:
Foreign currency contracts	—		149		—		149		—		165		—		165
Other derivatives	—		2		—		2		—		1		—		1
Total Liabilities	$	—	$	151	$	—	$	151	$	—	$	166	$	—	$	166

⁽¹⁾ Government debt includes instruments such as U.S. treasury notes, U.S agency securities and non-U.S. government bonds. Money market funds invested in government debt and traded in active markets are included in Level 1.