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Segment Information
12 Months Ended
Oct. 31, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
HP’s operations are organized into three reportable segments: Personal Systems, Printing, and Corporate Investments. HP’s organizational structure is based on many factors that the chief operating decision maker (“CODM”) uses to evaluate, view and run the business operations, which include, but are not limited to, customer base and homogeneity of products and technology. The segments are based on this organizational structure and information reviewed by HP’s CODM to evaluate segment results. The CODM uses earnings from operations to evaluate the performance of the overall business and to allocate resources to each of the segments.
The accounting policies HP uses to derive segment results are substantially the same as those used by HP in preparing these financial statements. HP derives the results of the business segments directly from its internal management reporting system.
HP does not allocate certain operating expenses, which it manages at the corporate level, to its segments. These unallocated amounts include expenses such as certain corporate governance costs and infrastructure investments, stock-based compensation expense, restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets and Russia exit charges.
Segment Operating Results from Operations and the reconciliation to HP consolidated results were as follows:
 For the fiscal years ended October 31
 202420232022
 In millions
Net revenue:   
Commercial PS$25,486 $24,712 $29,616 
Consumer PS
10,709 10,972 14,395 
Personal Systems36,195 35,684 44,011 
Supplies11,295 11,452 11,761 
Commercial Printing4,841 5,250 5,339 
Consumer Printing1,202 1,327 1,802 
Printing17,338 18,029 18,902 
Corporate Investments25 
Total segment net revenue53,558 53,720 62,915 
Other(2)(5)
Total net revenue$53,559 $53,718 $62,910 
Earnings before taxes:  
Personal Systems$2,194 $2,129 $2,761 
Printing3,290 3,399 3,619 
Corporate Investments(132)(142)(230)
Total segment earnings from operations5,352 5,386 6,150 
Corporate and unallocated costs and other(380)(375)(461)
Stock-based compensation expense(452)(438)(343)
Restructuring and other charges(301)(527)(218)
Acquisition and divestiture charges(83)(240)(318)
Amortization of intangible assets(318)(350)(228)
Russia exit charges— — (23)
Interest and other, net(539)(519)(235)
Total earnings before taxes$3,279 $2,937 $4,324 
Realignment
Effective at the beginning of its first quarter of fiscal year 2024, HP realigned its business unit financial reporting more closely with its customer market segmentation. The realignment resulted in the transfer of LaserJet printers net revenues from Consumer Printing to Commercial Printing. HP reflected this change to its business unit information in prior reporting periods on an as-if basis which resulted in the reclassification of net revenues from Consumer Printing to Commercial Printing. The reporting change had no impact to previously reported segment net revenue, consolidated net revenue, earnings from operations, net earnings or net earnings per share (“EPS”).
Segment Assets
HP allocates assets to its business segments based on the segments primarily benefiting from the assets. Total assets by segment and the reconciliation of segment assets to HP consolidated assets were as follows:
 As of October 31
 20242023
 In millions
Personal Systems$22,378 $18,791 
Printing16,457 15,955 
Corporate Investments181 176 
Corporate and unallocated assets893 2,082 
Total assets$39,909 $37,004 
Major Customers
No single customer represented 10% or more of HP’s net revenue in any fiscal year presented.
Geographic Information
Net revenue by country is based upon the sales location that predominately represents the customer location. Other than the United States, no country represented more than 10% of HP net revenue in any fiscal year presented.
Net revenue by country was as follows:
 For the fiscal years ended October 31
 202420232022
  In millions 
United States$18,790 $18,829 $21,626 
Other countries34,769 34,889 41,284 
Total net revenue$53,559 $53,718 $62,910 

Net property, plant and equipment by country in which HP operates was as follows:
 As of October 31
 20242023
 In millions
United States$1,471 $1,351 
Singapore335 341 
South Korea297 307 
Malaysia
275 287 
Other countries536 541 
Total property, plant and equipment, net$2,914 $2,827 
 
No single country other than those represented above exceeded 10% or more of HP’s total net property, plant and equipment in any fiscal year presented.