Restructuring and Other Charges (Tables)

9 Months Ended

Jul. 31, 2023

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Plans

HP’s restructuring activities for the nine months ended July 31, 2023 and 2022 summarized by plan were as follows:

	Fiscal 2023 Plan
	Severance and EER			Non-labor		Other prior-year plans(1)		Total
	In millions
Accrued balance as of October 31, 2022	$	—		$	—	$	32	$	32
Charges	318			38		3		359
Cash payments	(135)			(15)		(37)		(187)
Non-cash and other adjustments	(141)		(2)	(5)		3		(143)
Accrued balance as of July 31, 2023	$	42		$	18	$	1	$	61
Total costs incurred to date as of July 31, 2023	$	318		$	38	$	868	$	1,224
Reflected in Consolidated Condensed Balance Sheets
Other current liabilities	$	42		$	6	$	1	$	49
Other non-current liabilities	$	—		$	12	$	—	$	12
Accrued balance as of October 31, 2021	$	—		$	—	$	90	$	90
Charges	—			—		136		136
Cash payments	—			—		(170)		(170)
Non-cash and other adjustments	—			—		(36)		(36)
Accrued balance as of July 31, 2022	$	—		$	—	$	20	$	20

HP’s restructuring charges for the three months ended July 31, 2023 summarized by the plans outlined below were as follows:

	Fiscal 2023 Plan
	Severance and EER		Non-labor		Other prior-year plans(1)		Total
	In millions
For the three months ended July 31, 2023	$	24	$	25	$	1	$	50

(1)     Primarily includes the fiscal 2020 plan along with other legacy plans, all of which are substantially complete. HP does not expect any further material activity associated with these plans.

(2)    Includes reclassification of liability related to the Enhanced Early Retirement (“EER”) program of $139 million for pension and post-retirement plan special termination benefits. See Note 4 “Retirement and Post-Retirement Benefit Plans” for further information.