Earnings Per Share (Tables)

12 Months Ended

Oct. 31, 2021

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Earnings Per Share Calculations

A reconciliation of the number of shares used for basic and diluted net EPS calculations is as follows:

	For the fiscal years ended October 31
	2021		2020		2019
	In millions, except per share amounts
Numerator:
Net earnings	$	6,503	$	2,844	$	3,152
Denominator:
Weighted-average shares used to compute basic net EPS	1,208		1,413		1,515
Dilutive effect of employee stock plans	12		7		9
Weighted-average shares used to compute diluted net EPS	1,220		1,420		1,524
Net earnings per share:
Basic	$	5.38	$	2.01	$	2.08
Diluted	$	5.33	$	2.00	$	2.07
Anti-dilutive weighted-average stock-based compensation awards(1)	2		13		7

    

(1)HP excludes from the calculation of diluted net EPS stock options and restricted stock units where the assumed proceeds exceed the average market price, because their effect would be anti-dilutive. The assumed proceeds of a stock option include the sum of its exercise price, and average unrecognized compensation cost. The assumed proceeds of a restricted stock unit represent unrecognized compensation cost.