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)
Annual | Quarterly

1/31/2020
TTM
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,205 5,1666,9976,28817,433
Cash and cash equivalents4,205 5,1666,9976,28817,433
Receivables4,857 5,1134,4144,11416,112
Inventory, net of allowances, customer advances and progress billings4,946 6,0625,7864,4846,485
Inventory4,946 6,0625,7864,4846,485
Capital leases, lessor balance sheet, net investment in direct financing and sales type leases✕✕   2,918
Other current assets3,469 5,0465,1213,58211,588
Other undisclosed current assets     (2,749)
Total current assets:17,477 21,38722,31818,46851,787
Noncurrent Assets
Property, plant and equipment2,756 2,1981,8781,73611,090
Long-term investments and receivables     3,676
Capital leases, lessor balance sheet, net investment in direct financing and sales type leases✕✕   3,676
Intangible assets, net (including goodwill)6,387 5,9685,6225,62234,955
Goodwill6,387 5,9685,6225,62232,941
Intangible assets, net (excluding goodwill)     2,014
Deferred costs     742
Other noncurrent assets5,036 5,0693,0953,1849,050
Other undisclosed noncurrent assets     (4,418)
Total noncurrent assets:14,179 13,23510,59510,54255,095
TOTAL ASSETS:31,656 34,62232,91329,010106,882
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities12,808 15,95214,17311,86229,217
Accounts payable12,808 14,81613,27911,10315,956
Accrued liabilities     9,653
Employee-related liabilities  1,1368947593,608
Debt923 1,4631,072782,885
Restructuring reserve     689
Deferred revenue and credits✕✕✕1,0129196,199
Deferred tax liabilities✕✕   168
Other liabilities10,136 7,3765,9415,71812,024
Other undisclosed current liabilities  340214231(8,991)
Total current liabilities:23,867 25,13122,41218,80842,191
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,932 4,5246,7476,75821,780
Long-term debt, excluding current maturities3,932     
Operating lease, liability920 ✕✕✕✕
Other undisclosed long-term debt and lease obligation(920) 4,5246,7476,75821,780
Liabilities, other than long-term debt5,491 5,6067,1627,33325,174
Deferred revenue and credits✕✕✕  4,373
Deferred tax liabilities, net✕✕   295
Liability, pension and other postretirement and postemployment benefits     5,630
Restructuring reserve     116
Other liabilities5,491 5,6067,1627,33314,760
Other undisclosed noncurrent liabilities     (10,414)
Total noncurrent liabilities:9,423 10,13013,90914,09136,540
Total liabilities:33,290 35,26136,32132,89978,731
Stockholders' equity
Stockholders' equity attributable to parent, including:(1,634) (655)(3,424)(3,889)27,768
Additional paid in capital866 6633801,0301,963
Accumulated other comprehensive loss(1,208) (845)(1,418)(1,438)(6,302)
Retained earnings (accumulated deficit)(1,306) (473)(2,386)(3,498)32,089
Other undisclosed stockholders' equity attributable to parent14   1718
Stockholders' equity attributable to noncontrolling interest     383
Other undisclosed stockholders' equity  1616  
Total stockholders' equity:(1,634) (639)(3,408)(3,889)28,151
TOTAL LIABILITIES AND EQUITY:31,656 34,62232,91329,010106,882

Income statement (P&L) ($ in millions)
Annual | Quarterly

1/31/2020
TTM
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
Revenues1,279 58,47252,05648,238103,355
Revenue, net✕✕✕174218103,071
Cost of revenue(35,927) (47,803)(42,478)(39,240)(80,088)
Cost of goods and services sold    (95)(78,661)
Gross profit:8,701 10,6699,5788,99823,267
Operating expenses(5,371) (6,473)(5,697)(5,244)(17,796)
Other undisclosed operating loss(442) (132)(362)(205) 
Operating income:2,888 4,0643,5193,5495,471
Nonoperating income (expense)(1,270) (1,051)(243)212(739)
Investment income, nonoperating    (16)433
Foreign currency transaction loss, before tax   (70)  
Other nonoperating income106 4989  
Interest and debt expense(175) (126)(309)(273)(567)
Income from continuing operations before equity method investments, income taxes:1,443 2,8872,9673,4884,165
Other undisclosed income from continuing operations before income taxes175 126309273567
Income from continuing operations before income taxes:1,618 3,0133,2763,7614,732
Income tax expense (benefit)627 2,314(750)(1,095)(178)
Net income:2,245 5,3272,5262,6664,554
Other undisclosed net loss attributable to parent    (170) 
Net income available to common stockholders, diluted:2,245 5,3272,5262,4964,554

Comprehensive Income ($ in millions)
Annual | Quarterly

1/31/2020
TTM
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
Net income:2,245 5,3272,5262,6664,554
Other comprehensive income (loss)(142) 57320(217)(421)
Other undisclosed comprehensive loss    (170) 
Comprehensive income:2,103 5,9002,5462,2794,133
Other undisclosed comprehensive loss, net of tax, attributable to parent(166)     
Comprehensive income, net of tax, attributable to parent:1,937 5,9002,5462,2794,133

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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