HP Inc. (HPQ) financial statements (2020 and earlier)

Company profile

Business Address 1501 PAGE MILL ROAD
PALO ALTO, CA 94304
State of Incorp. DE
Fiscal Year End October 31
SIC 357 - Computer And Office Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
10/31/2014
10/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,5375,1666,9976,28817,43315,13312,163
Cash and cash equivalents4,5375,1666,9976,28817,43315,13312,163
Receivables6,0315,1134,4144,11416,11216,21015,876
Inventory, net of allowances, customer advances and progress billings5,7346,0625,7864,4846,4856,4156,046
Inventory5,7346,0625,7864,4846,4856,4156,046
Capital leases, lessor balance sheet, net investment in direct financing and sales type leases   2,9182,9463,144
Other current assets3,8755,0465,1213,58211,58811,81913,135
Other undisclosed current assets    (2,749)(2,378) 
Total current assets:20,17721,38722,31818,46851,78750,14550,364
Noncurrent Assets
Property, plant and equipment2,7942,1981,8781,73611,09011,34011,463
Long-term investments and receivables    3,6763,6133,878
Capital leases, lessor balance sheet, net investment in direct financing and sales type leases   3,6763,6133,878
Intangible assets, net (including goodwill)6,3725,9685,6225,62234,95533,26734,293
Goodwill6,3725,9685,6225,62232,94131,13931,124
Intangible assets, net (excluding goodwill)    2,0142,1283,169
Deferred costs    742755999
Other noncurrent assets4,1245,0693,0953,1849,0508,4549,556
Other undisclosed noncurrent assets    (4,418)(4,368)(4,877)
Total noncurrent assets:13,29013,23510,59510,54255,09553,06155,312
TOTAL ASSETS:33,46734,62232,91329,010106,882103,206105,676
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities14,79315,95214,17311,86229,21729,92218,455
Accounts payable14,79314,81613,27911,10315,95615,90314,019
Accrued liabilities    9,6539,810 
Employee-related liabilities 1,1368947593,6084,2094,436
Debt3571,4631,072782,8853,4865,979
Restructuring reserve    689898
Deferred revenue and credits1,0129196,1996,1436,477
Deferred tax liabilities   168284375
Other liabilities10,1437,3765,9415,71812,02412,07912,506
Other undisclosed current liabilities 340214231(8,991)(9,077)1,729
Total current liabilities:25,29325,13122,41218,80842,19143,73545,521
Noncurrent Liabilities
Long-term debt and lease obligation, including:4,7804,5246,7476,75821,78016,03916,608
Other undisclosed long-term debt and lease obligation4,7804,5246,7476,75821,78016,03916,608
Liabilities, other than long-term debt4,5875,6067,1627,33325,17427,95522,682
Deferred revenue and credits  4,3733,9313,907
Deferred tax liabilities, net   2951,1242,668
Liability, pension and other postretirement and postemployment benefits    5,6306,379
Restructuring reserve    116216216
Other liabilities4,5875,6067,1627,33314,76016,30515,891
Other undisclosed noncurrent liabilities    (10,414)(11,650)(6,791)
Total noncurrent liabilities:9,36710,13013,90914,09136,54032,34432,499
Total liabilities:34,66035,26136,32132,89978,73176,07978,020
Stockholders' equity
Stockholders' equity attributable to parent, including:(1,208)(655)(3,424)(3,889)27,76826,73127,269
Additional paid in capital8356633801,0301,9633,4305,465
Accumulated other comprehensive loss(1,225)(845)(1,418)(1,438)(6,302)(5,881)(3,778)
Retained earnings (accumulated deficit)(818)(473)(2,386)(3,498)32,08929,16425,563
Other undisclosed stockholders' equity attributable to parent   17181819
Stockholders' equity attributable to noncontrolling interest    383396387
Other undisclosed stockholders' equity151616    
Total stockholders' equity:(1,193)(639)(3,408)(3,889)28,15127,12727,656
TOTAL LIABILITIES AND EQUITY:33,46734,62232,91329,010106,882103,206105,676

Income statement (P&L) ($ in millions)

10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
10/31/2014
10/31/2013
Revenues58,75658,47252,05648,238103,355111,454112,298
Revenue, net174218103,071111,116111,881
Cost of revenue(47,586)(47,803)(42,478)(39,240)(80,088)(85,050)(86,655)
Cost of goods and services sold   (95)(78,661)(84,773)(86,343)
Gross profit:11,17010,6699,5788,99823,26726,40425,643
Operating expenses(7,018)(6,473)(5,697)(5,244)(17,796)(19,485)(18,826)
Other undisclosed operating income (loss)(275)(132)(362)(205) 266314
Operating income:3,8774,0643,5193,5495,4717,1857,131
Nonoperating income (expense)(1,354)(1,051)(243)212(739)(628)(621)
Investment income, nonoperating   (16)433192328
Foreign currency transaction loss, before tax  (70)    
Other nonoperating income744989    
Interest and debt expense(242)(126)(309)(273)(567)(621)(738)
Income from continuing operations before equity method investments, income taxes:2,2812,8872,9673,4884,1655,9365,772
Other undisclosed income from continuing operations before income taxes242126309273567621 
Income from continuing operations before income taxes:2,5233,0133,2763,7614,7326,5575,772
Income tax expense (benefit)6292,314(750)(1,095)(178)(1,544)(1,397)
Income before gain (loss) on sale of properties:3,1525,3272,5262,6664,5545,0134,375
Other undisclosed net income      738
Net income:3,1525,3272,5262,6664,5545,0135,113
Other undisclosed net loss attributable to parent   (170)   
Net income available to common stockholders, diluted:3,1525,3272,5262,4964,5545,0135,113

Comprehensive Income ($ in millions)

10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
10/31/2014
10/31/2013
Net income:3,1525,3272,5262,6664,5545,0135,113
Other comprehensive income (loss)(214)57320(217)(421)(2,103)1,781
Other undisclosed comprehensive loss   (170)   
Comprehensive income:2,9385,9002,5462,2794,1332,9106,894
Other undisclosed comprehensive loss, net of tax, attributable to parent(166)      
Comprehensive income, net of tax, attributable to parent:2,7725,9002,5462,2794,1332,9106,894

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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