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Balance Sheet Details (Table)
12 Months Ended
Oct. 31, 2015
Balance Sheet Details  
Accounts Receivable, Net

 

 

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Accounts receivable

 

$

4,905 

 

$

5,451 

 

Allowance for doubtful accounts

 

(80)

 

(106)

 

 

 

 

 

 

 

 

 

$

4,825 

 

$

5,345 

 

 

 

 

 

 

 

 

 

 

Schedule of allowance for doubtful accounts related to accounts receivable

 

 

 

 

As of October 31

 

 

 

2015

 

2014

 

2013

 

 

 

In millions

 

Balance at beginning of year

 

$

106 

 

$

182 

 

$

200 

 

Provision for doubtful accounts

 

19 

 

(25)

 

(20)

 

Deductions, net of recoveries

 

(45)

 

(51)

 

 

 

 

 

 

 

 

 

 

Balance at end of year

 

$

80 

 

$

106 

 

$

182 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of revolving short-term financing arrangements

 

 

 

 

As of October 31

 

 

 

2015

 

2014

 

2013

 

 

 

In millions

 

Balance at beginning of year(1)

 

$

271 

 

$

102 

 

$

135 

 

Trade receivables sold(2)

 

6,512 

 

5,680 

 

2,502 

 

Cash receipts(2)

 

(6,671)

 

(5,491)

 

(2,540)

 

Foreign currency and other

 

(19)

 

(20)

 

 

 

 

 

 

 

 

 

 

Balance at end of year(1)

 

$

93 

 

$

271 

 

$

102 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Beginning and ending balance represents amounts for trade receivables sold but not yet collected, from the third parties, and are reported in Accounts Receivable on the Consolidated Balance Sheets.

 

(2)

In fiscal 2014, HP revised the presentation for the trade receivables sold and the cash received under the short-term financing arrangements for the fiscal year ended October 31, 2013 in order to present comparable information with that period.

 

Inventory

 

 

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Finished goods

 

$

2,820 

 

$

2,686 

 

Purchased parts and fabricated assemblies

 

1,468 

 

1,845 

 

 

 

 

 

 

 

 

 

$

4,288 

 

$

4,531 

 

 

 

 

 

 

 

 

 

 

Other Current Assets

 

 

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Supplier and other receivables

 

$

1,316 

 

$

1,611 

 

Deferred tax assets

 

1,047 

 

1,202 

 

Value-added taxes receivable

 

942 

 

1,186 

 

Prepaid and other current assets

 

1,193 

 

1,773 

 

 

 

 

 

 

 

 

 

$

4,498 

 

$

5,772 

 

 

 

 

 

 

 

 

 

 

Property, Plant and Equipment, Net

 

 

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Land, buildings and leasehold improvements

 

$

2,272 

 

$

4,818 

 

Machinery and equipment, including equipment held for lease

 

3,459 

 

4,474 

 

 

 

 

 

 

 

 

 

5,731 

 

9,292 

 

Accumulated depreciation

 

(4,239)

 

(6,495)

 

 

 

 

 

 

 

 

 

$

1,492 

 

$

2,797 

 

 

 

 

 

 

 

 

 

 

Other Non-Current Assets

 

 

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Prepaid income taxes

 

$

634 

 

$

884 

 

Deferred tax assets

 

216 

 

210 

 

Other

 

742 

 

1,242 

 

 

 

 

 

 

 

 

 

$

1,592 

 

$

2,336 

 

 

 

 

 

 

 

 

 

 

Other Accrued Liabilities

 

 

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Sales and marketing programs

 

$

2,181 

 

$

2,124 

 

Accrued taxes—other

 

1,007 

 

936 

 

Warranty

 

871 

 

1,019 

 

Accrued restructuring

 

61 

 

187 

 

Other

 

2,121 

 

3,274 

 

 

 

 

 

 

 

 

 

$

6,241 

 

$

7,540 

 

 

 

 

 

 

 

 

 

 

Other Non-Current Liabilities

 

 

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Pension, post-retirement, and post-employment liabilities

 

$

2,203 

 

$

3,773 

 

Deferred tax liability

 

1,813 

 

518 

 

Tax liability

 

1,803 

 

2,376 

 

Deferred revenue

 

812 

 

822 

 

Other

 

783 

 

1,046 

 

 

 

 

 

 

 

 

 

$

7,414 

 

$

8,535