Discontinued Operations (Tables)

12 Months Ended

Oct. 31, 2015

Discontinued Operations.

Schedule of operating results of discontinued operations

	For the fiscal years ended October 31
	2015		2014		2013
	In millions
Net revenue	$	51,892	$	54,803	$	57,025
Cost of sales(1)	37,072		39,408		41,626
Expenses(2)	13,269		12,466		11,784
Interest and other, net(3)	351		235		160
Earnings from discontinued operations before taxes	$	1,200	$	2,694	$	3,455
Provision for taxes	(364)		(605)		(802)
Earnings from discontinued operations, net of taxes	$	836	$	2,089	$	2,653

(1) Cost of products, cost of services and financing interest.

(2) Expenses for fiscal 2015 included $1.3 billion of separation costs.

(3) Allocation of interest to Hewlett Packard Enterprise was based on using the average effective interest rate of the debt assumed by Hewlett Packard Enterprise and the debt repaid as part of the Separation. Interest and other, net also includes loss from the early extinguishment of debt in connection with the review of HP’s capital structure and the Separation.

	For the fiscal years ended October 31
	2015		2014		2013
	In millions
Depreciation and amortization	$	3,657	$	3,861	$	4,052
Purchases of property, plant and equipment	$	3,020	$	3,228	$	2,241

	As of October 31
	2015		2014
	In millions
Cash and cash equivalents	$	9,849	$	2,196
Accounts receivable	8,538		8,487
Financing receivables	2,918		2,945
Inventory	2,197		1,884
Other current assets	7,090		6,048
Total current assets of discontinued operations	$	30,592	$	21,560
Property, plant and equipment	$	9,598	$	8,543
Goodwill	27,261		25,448
Long-term financing receivables and other non-current assets	9,472		8,246
Total non-current assets of discontinued operations	$	46,331	$	42,237
Notes payable and short-term borrowings	$	691	$	892
Accounts payable	5,762		4,774
Employee compensation and benefits	2,861		2,737
Taxes on earnings	587		909
Deferred revenue	5,148		5,144
Other accrued liabilities	6,472		5,437
Total current liabilities of discontinued operations	$	21,521	$	19,893
Long-term debt	$	15,103	$	476
Other non-current liabilities	7,346		7,770
Total non-current liabilities of discontinued operations	$	22,449	$	8,246