HP Inc. (HPQ) financial statements (2021 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)
| 1/31/2021 TTM | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 4,160 | 4,864 | 5,166 | 6,997 | 6,288 | |||
| Cash and cash equivalents | 4,160 | 4,864 | 5,166 | 6,997 | 6,288 | |||
| Receivables | 5,273 | 5,381 | 5,113 | 4,414 | 4,114 | |||
| Inventory, net of allowances, customer advances and progress billings | 6,668 | 5,963 | 6,062 | 5,786 | 4,484 | |||
| Inventory | 6,668 | 5,963 | 6,062 | 5,786 | 4,484 | |||
| Other current assets | 4,337 | 4,440 | 5,046 | 5,121 | 3,582 | |||
| Total current assets: | 20,438 | 20,648 | 21,387 | 22,318 | 18,468 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 2,546 | 2,627 | 2,198 | 1,878 | 1,736 | |||
| Intangible assets, net (including goodwill) | 6,404 | 6,380 | 5,968 | 5,622 | 5,622 | |||
| Goodwill | 6,404 | 6,380 | 5,968 | 5,622 | 5,622 | |||
| Other noncurrent assets | 5,349 | 5,026 | 5,069 | 3,095 | 3,184 | |||
| Total noncurrent assets: | 14,299 | 14,033 | 13,235 | 10,595 | 10,542 | |||
| TOTAL ASSETS: | 34,737 | 34,681 | 34,622 | 32,913 | 29,010 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 14,960 | 14,704 | 15,952 | 14,173 | 11,862 | |||
| Accounts payable | 14,960 | 14,704 | 14,816 | 13,279 | 11,103 | |||
| Employee-related liabilities | 1,136 | 894 | 759 | |||||
| Debt | 1,238 | 674 | 1,463 | 1,072 | 78 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 1,012 | 919 | ||
| Other liabilities | 11,682 | 10,842 | 7,376 | 5,941 | 5,718 | |||
| Other undisclosed current liabilities | 340 | 214 | 231 | |||||
| Total current liabilities: | 27,880 | 26,220 | 25,131 | 22,412 | 18,808 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation, including: | 4,939 | 5,543 | 4,524 | 6,747 | 6,758 | |||
| Long-term debt, excluding current maturities | 4,939 | |||||||
| Other undisclosed long-term debt and lease obligation | 5,543 | 4,524 | 6,747 | 6,758 | ||||
| Liabilities, other than long-term debt | 5,153 | 5,146 | 5,606 | 7,162 | 7,333 | |||
| Other liabilities | 5,153 | 5,146 | 5,606 | 7,162 | 7,333 | |||
| Total noncurrent liabilities: | 10,092 | 10,689 | 10,130 | 13,909 | 14,091 | |||
| Total liabilities: | 37,972 | 36,909 | 35,261 | 36,321 | 32,899 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | (3,235) | (2,228) | (655) | (3,424) | (3,889) | |||
| Additional paid in capital | 984 | 963 | 663 | 380 | 1,030 | |||
| Accumulated other comprehensive loss | (1,473) | (1,243) | (845) | (1,418) | (1,438) | |||
| Accumulated deficit | (2,759) | (1,961) | (473) | (2,386) | (3,498) | |||
| Other undisclosed stockholders' equity attributable to parent | 13 | 13 | 17 | |||||
| Other undisclosed stockholders' equity | 16 | 16 | ||||||
| Total stockholders' equity: | (3,235) | (2,228) | (639) | (3,408) | (3,889) | |||
| TOTAL LIABILITIES AND EQUITY: | 34,737 | 34,681 | 34,622 | 32,913 | 29,010 | |||
Income statement (P&L) ($ in millions)
| 1/31/2021 TTM | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 57,667 | 56,639 | 58,472 | 52,056 | 48,238 | ||
| Cost of revenue | (46,778) | (46,202) | (47,803) | (42,478) | (39,240) | ||
| Gross profit: | 10,889 | 10,437 | 10,669 | 9,578 | 8,998 | ||
| Operating expenses | (6,679) | (6,513) | (6,473) | (5,697) | (5,244) | ||
| Other undisclosed operating loss | (292) | (462) | (132) | (362) | (205) | ||
| Operating income: | 3,918 | 3,462 | 4,064 | 3,519 | 3,549 | ||
| Nonoperating income (expense) | (206) | (231) | (1,051) | (243) | 212 | ||
| Foreign currency transaction loss, before tax | (70) | ||||||
| Other nonoperating income (expense) | (11) | 21 | 49 | 89 | |||
| Interest and debt expense | (167) | (40) | (126) | (309) | (273) | ||
| Income from continuing operations before equity method investments, income taxes: | 3,545 | 3,191 | 2,887 | 2,967 | 3,488 | ||
| Other undisclosed income from continuing operations before income taxes | 104 | 40 | 126 | 309 | 273 | ||
| Income from continuing operations before income taxes: | 3,649 | 3,231 | 3,013 | 3,276 | 3,761 | ||
| Income tax expense (benefit) | (415) | (387) | 2,314 | (750) | (1,095) | ||
| Net income: | 3,234 | 2,844 | 5,327 | 2,526 | 2,666 | ||
| Other undisclosed net loss attributable to parent | (170) | ||||||
| Net income available to common stockholders, diluted: | 3,234 | 2,844 | 5,327 | 2,526 | 2,496 | ||
Comprehensive Income ($ in millions)
| 1/31/2021 TTM | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Net income: | 3,234 | 2,844 | 5,327 | 2,526 | 2,666 | ||
| Other comprehensive income (loss) | (262) | (15) | 573 | 20 | (217) | ||
| Other undisclosed comprehensive loss | (170) | ||||||
| Comprehensive income: | 2,972 | 2,829 | 5,900 | 2,546 | 2,279 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (3) | (3) | |||||
| Comprehensive income, net of tax, attributable to parent: | 2,969 | 2,826 | 5,900 | 2,546 | 2,279 | ||
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.