Borrowings (Tables)

12 Months Ended

Oct. 31, 2020

Debt Disclosure [Abstract]

Schedule of Notes Payable and Short-Term Borrowings

Notes Payable and Short-Term Borrowings

	As of October 31
	2020				2019
	Amount Outstanding		Weighted-Average Interest Rate		Amount Outstanding		Weighted-Average Interest Rate
	In millions
Current portion of long-term debt	$	633	4.0	%	$	307	3.6	%
Notes payable to banks, lines of credit and other	41		1.6	%	50		2.0	%
	$	674			$	357

Schedule of Long-Term Debt

Long-Term Debt

	As of October 31
	2020		2019
	In millions
U.S. Dollar Global Notes(1)
2009 Shelf Registration Statement:
$1,350 issued at discount to par at a price of 99.827% in December 2010 at 3.75%, due December 2020	$	—	$	648
$1,250 issued at discount to par at a price of 99.799% in May 2011 at 4.3%, due June 2021	—		667
$1,000 issued at discount to par at a price of 99.816% in September 2011 at 4.375%, due September 2021	412		538
$1,500 issued at discount to par at a price of 99.707% in December 2011 at 4.65%, due December 2021	586		695
$500 issued at discount to par at a price of 99.771% in March 2012 at 4.05%, due September 2022	499		499
$1,200 issued at discount to par at a price of 99.863% in September 2011 at 6.0%, due September 2041	1,199		1,199
2019 Shelf Registration Statement:
$1,150 issued at discount to par at a price of 99.769% in June 2020 at 2.2%, due June 2025	1,148		—
$1,000 issued at discount to par at a price of 99.718% in June 2020 at 3.0%, due June 2027	997		—
$850 issued at discount to par at a price of 99.790% in June 2020 at 3.4%, due June 2030	848		—
	5,689		4,246
Other borrowings at 0.51%-9.00%, due in fiscal years 2021-2027	522		853
Fair value adjustment related to hedged debt	2		4
Unamortized debt issuance cost	(37)		(16)
Current portion of long-term debt	(633)		(307)
Total long-term debt	$	5,543	$	4,780

(1)HP may redeem some or all of the fixed-rate U.S. Dollar Global Notes at any time in accordance with the terms thereof. The U.S. Dollar Global Notes are senior unsecured debt.

Schedule of Aggregate Future Maturities of Long-term Debt

As of October 31, 2020, aggregate future maturities of debt at face value (excluding unamortized debt issuance cost of $37 million and discounts on debt issuance of $9 million less fair value adjustment related to hedged debt of $2 million), including other financing obligations were as follows: 

Fiscal year	In millions
2021	$	679
2022	1,230
2023	95
2024	45
2025	1,161
Thereafter	3,051
Total	$	6,261