HP Inc. Reports Hewlett-Packard Company Fiscal 2015 Full-Year and Fourth Quarter Results

Risks, uncertainties and assumptions include the need to address the many challenges facing HP's businesses; the competitive pressures faced by HP's businesses; risks associated with executing HP's strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP's products and the delivery of HP's services effectively; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; risks associated with HP's international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the results of the separation transaction or restructuring plans, including estimates and assumptions related to the cost (including any possible disruption of HP's business) and the anticipated benefits of the separation transaction and restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2014, and HP's other filings with the Securities and Exchange Commission, including HP's Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2015.

As in prior periods, the financial information set forth in this release, including tax-related items, reflects estimates based on information available at this time. While HP believes these estimates to be reasonable, these amounts could differ materially from reported amounts in HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2015. HP assumes no obligation and does not intend to update these forward-looking statements.

                                                                            
                          HP INC. AND SUBSIDIARIES                          
               CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS                
                                (Unaudited)                                 
                  (In millions, except per share amounts)                   
                                                                            
                                                                            
                                                                            
                                                Three months ended          
                                      ------------------------------------- 
                                      October 31,    July 31,   October 31, 
                                          2015         2015         2014    
                                      -----------  -----------  ----------- 
                                                                            
Net revenue                           $    25,714  $    25,349  $    28,406 
                                                                            
Costs and expenses:                                                         
  Cost of sales                            19,363       19,317       21,425 
  Research and development                    934          893          876 
  Selling, general and administrative       3,089        2,962        3,364 
  Amortization of intangible assets           246          242          226 
  Restructuring charges                       591                 25                    604  
    Acquisition  and  other  related                                                                                          
      charges                                                                          20                      47                        3  
    Separation  costs                                                        509                    401                        -  
    Defined  benefit  plan  settlement                                                                                      
      charges                                                                          54                    114                        -  
    Impairment  of  data  center  assets                            -                    136                        -  
                                                                            -----------    -----------    -----------  
        Total  costs  and  expenses                              24,806              24,137              26,498  
                                                                            -----------    -----------    -----------  
                                                                                                                                                        
Earnings  from  operations                                            908                1,212                1,908  
                                                                                                                                                        
Interest  and  other,  net                                            (318)                (108)                (146)
                                                                                                                                                        
Earnings  before  taxes                                                  590                1,104                1,762  
                                                                                                                                                        
Valuation  allowances,  net,  and                                                                                            
  separation  taxes                                                          803                        -                        -  
Provision  for  taxes                                                      (70)                (250)                (432)
                                                                            -----------    -----------    -----------  
                                                                                                                                                        
Net  earnings                                                    $          1,323    $              854    $          1,330  
                                                                            ===========    ===========    ===========  
                                                                                                                                                        
Net  earnings  per  share:                                                                                                          
    Basic                                                              $            0.73    $            0.47    $            0.71  
    Diluted                                                          $            0.73    $            0.47    $            0.70  
                                                                                                                                                        
Cash  dividends  declared  per  share          $                  -    $            0.35    $                  -  
                                                                                                                                                        
                                                                                                                                                        
Weighted-average  shares  used  to                                                                                          
  compute  net  earnings  per  share:                                                                                        
    Basic                                                                          1,802                1,805                1,862  
    Diluted                                                                      1,821                1,828                1,896  
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                    HP  INC.  AND  SUBSIDIARIES                                                    
                              CONSOLIDATED  CONDENSED  STATEMENTS  OF  EARNINGS                                
                                    (In  millions,  except  per  share  amounts)                                      
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                                                                            Twelve  months  ended      
                                                                                                                    October  31,              
                                                                                                      ------------------------  
                                                                                                              2015                  2014        
                                                                                                      -----------    -----------  
                                                                                                      (Unaudited)                            
Net  revenue                                                                                $      103,355    $      111,454  
                                                                                                                                                        
Costs  and  expenses:                                                                                                                  
    Cost  of  sales                                                                                  78,596              84,839  
    Research  and  development                                                              3,502                3,447  
    Selling,  general  and  administrative                                      12,185              13,353  
    Amortization  of  intangible  assets                                                931                1,000  
    Restructuring  charges                                                                    1,017                1,619  
    Acquisition  and  other  related  charges                                          90                      11  
    Separation  costs                                                                              1,259                        -  
    Defined  benefit  plan  settlement  charges                                    168                        -  
    Impairment  of  data  center  assets                                                  136                        -  
                                                                                                      -----------    -----------  
        Total  costs  and  expenses                                                        97,884            104,269  
                                                                                                      -----------    -----------  
                                                                                                                                                        
Earnings  from  operations                                                                  5,471                7,185  
                                                                                                                                                        
Interest  and  other,  net                                                                      (739)                (628)
                                                                                                                                                        
Earnings  before  taxes                                                                        4,732                6,557  
                                                                                                                                                        
Valuation  allowances,  net,  and  separation  taxes                        803                        -  
Provision  for  taxes                                                                              (981)            (1,544)
                                                                                                      -----------    -----------  
                                                                                                                                                        
Net  earnings                                                                              $          4,554    $          5,013  
                                                                                                      ===========    ===========  
                                                                                                                                                        
Net  earnings  per  share:                                                                                                          
    Basic                                                                                        $            2.51    $            2.66  
    Diluted                                                                                    $            2.48    $            2.62  
                                                                                                                                                        
Cash  dividends  declared  per  share                                    $            0.67    $            0.61  
                                                                                                                                                        
                                                                                                                                                        
Weighted-average  shares  used  to  compute  net                                                                  
  earnings  per  share:                                                                                                                
    Basic                                                                                                    1,814                1,882  
    Diluted                                                                                                1,836                1,912  
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                    HP  INC.  AND  SUBSIDIARIES                                                    
                ADJUSTMENTS  TO  GAAP  NET  EARNINGS,  EARNINGS  FROM  OPERATIONS,                  
                        OPERATING  MARGIN  AND  DILUTED  NET  EARNINGS  PER  SHARE                          
                                                                (Unaudited)                                                                  
                                    (In  millions,  except  per  share  amounts)                                      
                                                                                                                                                        
                                                                                                                                                        
                                      Three        Diluted        Three        Diluted        Three      Diluted    
                                    months            net          months            net          months            net      
                                    ended        earnings      ended        earnings      ended        earnings  
                                    October          per        July  31,          per          October          per      
                                  31,  2015        share          2015            share      31,  2014        share    
                                  --------    --------    --------    --------    --------    --------  
                                                                                                                                                        
GAAP  net                                                                                                                                        
  earnings                $    1,323    $      0.73    $        854    $      0.47    $    1,330    $      0.70  
                                                                                                                                                        
Non-GAAP                                                                                                                                        
  adjustments:                                                                                                                              
    Amortization                                                                                                                            
      of  intangible                                                                                                                        
      assets                          246            0.14              242            0.13              226            0.12  
    Restructuring                                                                                                                          
      charges                        591            0.33                25            0.01              604            0.32  
    Acquisition                                                                                                                              
      and  other                                                                                                                                
      related                                                                                                                                    
      charges                          20            0.01                47            0.03                  3                  -  
    Separation                                                                                                                                
      costs                            509            0.28              401            0.22                  -                  -  
    Defined                                                                                                                                      
      benefit  plan                                                                                                                          
      settlement                                                                                                                              
      charges                          54            0.03              114            0.06                  -                  -  
    Impairment  of                                                                                                                          
      data  center                                                                                                                            
      assets                              -                  -              136            0.07                  -                  -  
    Separation                                                                                                                                
      costs  in                                                                                                                                  
      interest  and                                                                                                                          
      other,  net(a)            167            0.09                  -                  -                  -                  -  
    Adjustments                                                                                                                              
      for  taxes                  (420)        (0.23)          (215)        (0.11)          (149)        (0.08)
    Valuation                                                                                                                                  
      allowances,                                                                                                                            
      net,  and                                                                                                                                  
      separation                                                                                                                              
      taxes                          (803)        (0.45)                -                  -                  -                  -  
                                  --------    --------    --------    --------    --------    --------  
Non-GAAP  net                                                                                                                                
  earnings                $    1,687    $      0.93    $    1,604    $      0.88    $    2,014    $      1.06  
                                  ========    ========    ========    ========    ========    ========  
                                                                                                                                                        
                                                                                                                                                        
GAAP  earnings                                                                                                                              
  from  operations  $        908                        $    1,212                        $    1,908                      
                                                                                                                                                        
Non-GAAP                                                                                                                                        
  adjustments:                                                                                                                              
    Amortization                                                                                                                            
      of  intangible                                                                                                                        
      assets                          246                                  242                                  226                      
    Restructuring                                                                                                                          
      charges                        591                                    25                                  604                      
    Acquisition                                                                                                                              
      and  other                                                                                                                                
      related                                                                                                                                    
      charges                          20                                    47                                      3                      
    Separation                                                                                                                                
      costs                            509                                  401                                      -                      
    Defined                                                                                                                                      
      benefit  plan                                                                                                                          
      settlement                                                                                                                              
      charges                          54                                  114                                      -                      
    Impairment  of                                                                                                                          
      data  center                                                                                                                            
      assets                              -                                  136                                      -                      
                                  --------                        --------                        --------                      
Non-GAAP                                                                                                                                        
  earnings  from                                                                                                                            
  operations            $    2,328                        $    2,177                        $    2,741                      
                                  ========                        ========                        ========                      
                                                                                                                                                        
GAAP  operating                                                                                                                            
  margin                                  4%                                    5%                                    7%                    
Non-GAAP                                                                                                                                        
  adjustments                        5%                                    4%                                    3%                    
                                  --------                        --------                        --------                      
Non-GAAP                                                                                                                                        
  operating                                                                                                                                    
  margin                                  9%                                    9%                                  10%                    
                                  ========                        ========                        ========                      
                                                                                                                                                        
    (a)  Includes  costs  related  to  early  debt  settlement                                              
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                    HP  INC.  AND  SUBSIDIARIES                                                    
                ADJUSTMENTS  TO  GAAP  NET  EARNINGS,  EARNINGS  FROM  OPERATIONS,                  
                        OPERATING  MARGIN  AND  DILUTED  NET  EARNINGS  PER  SHARE                          
                                                                (Unaudited)                                                                  
                                    (In  millions,  except  per  share  amounts)                                      
                                                                                                                                                        
                                                                                                                                                        
                                                        Twelve                                        Twelve                                
                                                        months            Diluted              months            Diluted      
                                                        ended                  net                  ended                  net          
                                                  October  31,        earnings      October  31,      earnings      
                                                          2015            per  share              2014            per  share    
                                                  -----------    -----------    -----------    -----------  
                                                                                                                                                        
GAAP  net  earnings                $          4,554    $            2.48    $          5,013    $            2.62  
                                                                                                                                                        
Non-GAAP  adjustments:                                                                                                              
    Amortization  of                                                                                                                      
      intangible  assets                          931                  0.51                1,000                  0.52  
    Restructuring  charges                1,017                  0.55                1,619                  0.85  
    Acquisition  and  other                                                                                                          
      related  charges                                90                  0.05                      11                  0.01  
    Separation  costs                          1,259                  0.69                        -                        -  
    Defined  benefit  plan                                                                                                            
      settlement  charges                        168                  0.09                        -                        -  
    Impairment  of  data                                                                                                                
      center  assets                                  136                  0.07                        -                        -  
    Separation  costs  in                                                                                                              
      interest  and  other,                                                                                                            
      net(a)                                                167                  0.09                        -                        -  
    Valuation  allowances,                                                                                                          
      net,  and  separation                                                                                                            
      taxes                                                (803)              (0.44)                      -                        -  
    Adjustments  for  taxes                  (927)              (0.50)                (498)              (0.26)
                                                  -----------    -----------    -----------    -----------  
Non-GAAP  net  earnings        $          6,592    $            3.59    $          7,145    $            3.74  
                                                  ===========    ===========    ===========    ===========  
                                                                                                                                                        
                                                                                                                                                        
GAAP  earnings  from                                                                                                                    
  operations                            $          5,471                              $          7,185                            
                                                                                                                                                        
Non-GAAP  adjustments:                                                                                                              
    Amortization  of                                                                                                                      
      intangible  assets                          931                                          1,000                            
    Restructuring  charges                1,017                                          1,619                            
    Acquisition  and  other                                                                                                          
      related  charges                                90                                                11                            
    Separation  costs                          1,259                                                  -                            
    Defined  benefit  plan                                                                                                            
      settlement  charges                        168                                                  -                            
    Impairment  of  data                                                                                                                
      center  assets                                  136                                                  -                            
                                                  -----------                              -----------                            
Non-GAAP  earnings  from                                                                                                            
  operations                            $          9,072                              $          9,815                            
                                                  ===========                              ===========                            
                                                                                                                                                        
GAAP  operating  margin                            5%                                                6%                          
Non-GAAP  adjustments                              4%                                                3%                          
                                                  -----------                              -----------                            
Non-GAAP  operating                                                                                                                    
  margin                                                        9%                                                9%                          
                                                  ===========                              ===========                            
                                                                                                                                                        
    (a)  Includes  costs  related  to  early  debt  settlement                                              
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                    HP  INC.  AND  SUBSIDIARIES                                                    
                                        CONSOLIDATED  CONDENSED  BALANCE  SHEETS                                      
                                                                (In  millions)                                                              
                                                                                                                                                        
                                                                                                              As  of  October  31,        
                                                                                                      -------------------------
                                                                                                              2015                  2014        
                                                                                                      ------------  ------------
                                                                                                        (Unaudited)                          
ASSETS                                                                                                                                            
                                                                                                                                                        
Current  assets:                                                                                                                          
    Cash  and  cash  equivalents                                                $          17,433  $          15,133
    Accounts  receivable                                                                        13,363              13,832
    Financing  receivables                                                                      2,918                2,946
    Inventory                                                                                              6,485                6,415
    Other  current  assets                                                                      11,588              11,819
                                                                                                      ------------  ------------
                                                                                                                                                        
        Total  current  assets                                                                  51,787              50,145
                                                                                                      ------------  ------------
                                                                                                                                                        
Property,  plant  and  equipment                                                        11,090              11,340
                                                                                                                                                        
Long-term  financing  receivables  and  other  assets                    9,050                8,454
                                                                                                                                                        
Goodwill  and  intangible  assets                                                      34,955              33,267
                                                                                                      ------------  ------------
                                                                                                                                                        
Total  assets                                                                              $        106,882  $        103,206
                                                                                                      ============  ============
                                                                                                                                                        
                                                                                                                                                        
LIABILITIES  AND  STOCKHOLDERS'  EQUITY                                                                                
                                                                                                                                                        
Current  liabilities:                                                                                                                
    Notes  payable  and  short-term  borrowings                    $            2,885  $            3,486
    Accounts  payable                                                                              15,956              15,903
    Employee  compensation  and  benefits                                            3,608                4,209
    Taxes  on  earnings                                                                                  830                1,017
    Deferred  revenue                                                                                6,199                6,143
    Other  accrued  liabilities                                                            12,713              12,977
                                                                                                      ------------  ------------
                                                                                                                                                        
        Total  current  liabilities                                                        42,191              43,735
                                                                                                      ------------  ------------
                                                                                                                                                        
Long-term  debt                                                                                      21,780              16,039
                                                                                                                                                        
Other  liabilities                                                                                14,760              16,305
                                                                                                                                                        
Stockholders'  equity:                                                                                                              
    HP  stockholders'  equity                                                                27,768              26,731
    Non-controlling  interests                                                                  383                    396
                                                                                                      ------------  ------------
                                                                                                                                                        
        Total  stockholders'  equity                                                      28,151              27,127
                                                                                                      ------------  ------------
                                                                                                                                                        
Total  liabilities  and  stockholders'  equity                  $        106,882  $        103,206
                                                                                                      ============  ============
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                    HP  INC.  AND  SUBSIDIARIES                                                    
                            CONSOLIDATED  CONDENSED  STATEMENTS  OF  CASH  FLOWS                              
                                                                (Unaudited)                                                                  
                                                              (In  millions)                                                                
                                                                                                                                                        
                                                                                                                                                        
                                                                                                            Three  months  ended        
                                                                                                                    October  31,              
                                                                                                      ------------------------  
                                                                                                              2015                  2014        
                                                                                                      -----------    -----------  
Cash  flows  from  operating  activities:                                                                              
    Net  earnings                                                                          $          1,323    $          1,330  
    Adjustments  to  reconcile  net  earnings  to  net                                                            
      cash  provided  by  operating  activities:                                                                      
        Depreciation  and  amortization                                                1,007                1,075  
        Stock-based  compensation  expense                                              234                    128  
        Provision  for  doubtful  accounts  and  inventory                    111                      62  
        Restructuring  charges                                                                    591                    604  
        Deferred  taxes  on  earnings                                                    (1,598)                    95  
        Excess  tax  benefit  from  stock-based                                                                          
          compensation                                                                                    (21)                    (9)
        Other,  net                                                                                          355                      16  
                                                                                                                                                        
        Changes  in  operating  assets  and  liabilities                                                          
          (net  of  acquisitions):                                                                                                  
            Accounts  receivable                                                                  (627)                  355  
            Financing  receivables                                                              (257)                    80  
            Inventory                                                                                        137                  (211)
            Accounts  payable                                                                          389                    716  
            Taxes  on  earnings                                                                        938                      18  
            Restructuring                                                                              (237)                (456)
            Other  assets  and  liabilities                                                  264              (1,102)
                                                                                                      -----------    -----------  
                Net  cash  provided  by  operating  activities                2,609                2,701  
                                                                                                      -----------    -----------  
                                                                                                                                                        
Cash  flows  from  investing  activities:                                                                              
        Investment  in  property,  plant  and  equipment                      (961)                (956)
        Proceeds  from  sale  of  property,  plant  and                                                              
          equipment                                                                                          114                    141  
        Purchases  of  available-for-sale  securities  and                                                    
          other  investments                                                                          (79)                  (79)
        Maturities  and  sales  of  available-for-sale                                                            
          securities  and  other  investments                                              56                    123  
        Payments  made  in  connection  with  business                                                              
          acquisitions,  net  of  cash  acquired                                        (27)                  (29)
        Proceeds  from  business  divestitures,  net                                90                        6  
                                                                                                      -----------    -----------  
                Net  cash  used  in  investing  activities                          (807)                (794)
                                                                                                      -----------    -----------  
                                                                                                                                                        
Cash  flows  from  financing  activities:                                                                              
        Short-term  borrowings  with  original  maturities                                                    
          less  than  90  days,  net                                                          (2,559)                    59  
        Proceeds  from  debt,  net  of  issuance  costs                      14,765                    272  
        Payment  of  debt                                                                        (13,225)                (583)
        Settlement  of  cash  flow  hedge                                                      28                        -  
        Issuance  of  common  stock  under  employee  stock                                                      
          plans                                                                                                    68                      54  
        Repurchase  of  common  stock                                                        (301)                (750)
        Excess  tax  benefit  from  stock-based                                                                          
          compensation                                                                                      21                        9  
        Cash  dividends  paid                                                                      (337)                (309)
                                                                                                      -----------    -----------  
                Net  cash  used  in  financing  activities                      (1,540)            (1,248)
                                                                                                      -----------    -----------  
                                                                                                                                                        
Increase  in  cash  and  cash  equivalents                                            262                    659  
Cash  and  cash  equivalents  at  beginning  of  period                17,171              14,474  
                                                                                                      -----------    -----------  
Cash  and  cash  equivalents  at  end  of  period                  $        17,433    $        15,133  
                                                                                                      ===========    ===========  
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                    HP  INC.  AND  SUBSIDIARIES                                                    
                            CONSOLIDATED  CONDENSED  STATEMENTS  OF  CASH  FLOWS                              
                                                              (In  millions)                                                                
                                                                                                                                                        
                                                                                                                                                        
                                                                                                            Twelve  months  ended      
                                                                                                                    October  31,              
                                                                                                      ------------------------  
                                                                                                              2015                  2014        
                                                                                                      -----------    -----------  
Cash  flows  from  operating  activities:                            (Unaudited)                            
    Net  earnings                                                                          $          4,554    $          5,013  
    Adjustments  to  reconcile  net  earnings  to  net                                                            
      cash  provided  by  operating  activities:                                                                      
        Depreciation  and  amortization                                                4,061                4,334  
        Stock-based  compensation  expense                                              709                    560  
        Provision  for  doubtful  accounts  and  inventory                    376                    266  
        Restructuring  charges                                                                1,017                1,619  
        Deferred  taxes  on  earnings                                                        (700)                  (34)
        Excess  tax  benefit  from  stock-based                                                                          
          compensation                                                                                  (145)                  (58)
        Other,  net                                                                                      1,031                      81  
                                                                                                                                                        
        Changes  in  operating  assets  and  liabilities                                                          
          (net  of  acquisitions):                                                                                                  
            Accounts  receivable                                                                    572                2,017  
            Financing  receivables                                                                (65)                  420  
            Inventory                                                                                      (330)                (580)
            Accounts  payable                                                                            31                1,912  
            Taxes  on  earnings                                                                      (137)                  310  
            Restructuring                                                                          (1,243)            (1,506)
            Other  assets  and  liabilities                                            (3,241)            (2,021)
                                                                                                      -----------    -----------  
                Net  cash  provided  by  operating  activities                6,490              12,333  
                                                                                                      -----------    -----------  
                                                                                                                                                        
Cash  flows  from  investing  activities:                                                                              
        Investment  in  property,  plant  and  equipment                  (3,603)            (3,853)
        Proceeds  from  sale  of  property,  plant  and                                                              
          equipment                                                                                          424                    843  
        Purchases  of  available-for-sale  securities  and                                                    
          other  investments                                                                        (259)            (1,086)
        Maturities  and  sales  of  available-for-sale                                                            
          securities  and  other  investments                                            302                1,347  
        Payments  made  in  connection  with  business                                                              
          acquisitions,  net  of  cash  acquired                                  (2,644)                  (49)
        Proceeds  from  business  divestitures,  net                              246                        6  
                                                                                                      -----------    -----------  
                Net  cash  used  in  investing  activities                      (5,534)            (2,792)
                                                                                                      -----------    -----------  
                                                                                                                                                        
Cash  flows  from  financing  activities:                                                                              
        Short-term  borrowings  with  original  maturities                                                    
          less  than  90  days,  net                                                                  74                    148  
        Proceeds  from  debt,  net  of  issuance  costs                      20,758                2,875  
        Payment  of  debt                                                                        (15,867)            (6,037)
        Settlement  of  cash  flow  hedge                                                      (4)                      -  
        Issuance  of  common  stock  under  employee  stock                                                      
          plans                                                                                                  371                    297  
        Repurchase  of  common  stock                                                    (2,883)            (2,728)
        Excess  tax  benefit  from  stock-based                                                                          
          compensation                                                                                    145                      58  
        Cash  dividends  paid                                                                  (1,250)            (1,184)
                                                                                                      -----------    -----------  
                Net  cash  provided  by  (used  in)  financing                                                        
                  activities                                                                            1,344              (6,571)
                                                                                                      -----------    -----------  
                                                                                                                                                        
Increase  in  cash  and  cash  equivalents                                        2,300                2,970  
Cash  and  cash  equivalents  at  beginning  of  period                15,133              12,163  
                                                                                                      -----------    -----------  
Cash  and  cash  equivalents  at  end  of  period                  $        17,433    $        15,133  
                                                                                                      ===========    ===========  
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                    HP  INC.  AND  SUBSIDIARIES                                                    
                                                        SEGMENT  INFORMATION                                                          
                                                                (Unaudited)                                                                  
                                                              (In  millions)                                                                
                                                                                                                                                        
                                                                                                Three  months  ended                    
                                                                            -------------------------------------  
                                                                            October  31,        July  31,      October  31,  
                                                                                    2015                  2015                  2014        
                                                                            -----------    -----------    -----------  
Net  revenue:(a)(b)                                                                                                                    
                                                                                                                                                        
    Personal  Systems                                        $          7,694    $          7,491    $          8,948  
    Printing                                                                    4,965                5,163                5,801  
                                                                            -----------    -----------    -----------  
        Total  Printing  and  Personal                                                                                          
          Systems  Group                                                  12,659              12,654              14,749  
    Enterprise  Group                                                    7,358                7,007                7,248  
    Enterprise  Services                                              5,020                4,976                5,511  
    Software                                                                        958                    845                1,026  
    HP  Financial  Services                                              802                    806                    906  
    Corporate  Investments                                                  5                        4                        5  
                                                                            -----------    -----------    -----------  
            Total  segments                                              26,802              26,292              29,445  
    Elimination  of  intersegment  net                                                                                      
      revenue  and  other                                              (1,088)                (943)            (1,039)
                                                                            -----------    -----------    -----------  
                                                                                                                                                        
            Total  HP  consolidated  net                                                                                          
              revenue                                                $        25,714    $        25,349    $        28,406  
                                                                            ===========    ===========    ===========  
                                                                                                                                                        
Earnings  before  taxes:(a)(b)                                                                                                
                                                                                                                                                        
    Personal  Systems                                        $              294    $              222    $              355  
    Printing                                                                        862                    921                1,056  
                                                                            -----------    -----------    -----------  
        Total  Printing  and  Personal                                                                                          
          Systems  Group                                                    1,156                1,143                1,411  
    Enterprise  Group                                                    1,029                    912                1,072  
    Enterprise  Services                                                  412                    297                    377  
    Software                                                                        288                    174                    322  
    HP  Financial  Services                                                87                      87                    110  
    Corporate  Investments                                            (149)                (148)                (107)
                                                                            -----------    -----------    -----------  
            Total  segment  earnings  from                                                                                      
              operations                                                      2,823                2,465                3,185  
                                                                                                                                                        
    Corporate  and  unallocated  costs  and                                                                              
      eliminations                                                            (261)                (129)                (316)
    Stock-based  compensation  expense                      (234)                (159)                (128)
    Amortization  of  intangible  assets                    (246)                (242)                (226)
    Restructuring  charges                                            (591)                  (25)                (604)
    Acquisition  and  other  related                                                                                          
      charges                                                                        (20)                  (47)                    (3)
    Separation  costs                                                      (509)                (401)                      -  
    Defined  benefit  plan  settlement                                                                                      
      charges                                                                        (54)                (114)                      -  
    Impairment  of  data  center  assets                            -                  (136)                      -  
    Interest  and  other,  net                                        (151)                (108)                (146)
    Separation  costs  -  early  debt                                                                                          
      settlement                                                                (167)                      -                        -  
                                                                            -----------    -----------    -----------  
                                                                                                                                                        
            Total  HP  consolidated  earnings                                                                                
              before  taxes                                      $              590    $          1,104    $          1,762  
                                                                            ===========    ===========    ===========  
                                                                                                                                                        
(a)  Effective  at  the  beginning  of  its  first  quarter  of  fiscal  2015,  HP            
        implemented  an  organizational  change  to  align  its  segment  financial          
        reporting  more  closely  with  its  current  business  structure.  This                
        organizational  change  resulted  in  the  transfer  of  third  party  multi-        
        vendor  support  arrangements  from  the  Technology  Services  business  unit    
        within  the  Enterprise  Group  segment  to  the  Infrastructure  Technology        
        Outsourcing  business  unit  within  the  Enterprise  Services  segment.  HP        
        reflected  this  change  to  its  segment  information  in  prior  reporting          
        periods  on  an  as-if  basis,  which  resulted  in  the  removal  of  intersegment
        revenue  from  the  Technology  Services  business  unit  within  the  Enterprise
        Group  segment  and  the  related  corporate  intersegment  revenue                        
        eliminations,  and  the  transfer  of  operating  profit  from  the  Technology    
        Services  business  unit  within  the  Enterprise  Group  segment  to  the              
        Infrastructure  Technology  Outsourcing  business  unit  within  the                    
        Enterprise  Services  segment.  This  change  had  no  impact  on  HP's                    
        previously  reported  consolidated  net  revenue,  earnings  from  operations,  
        net  earnings  or  net  earnings  per  share.                                                                  
                                                                                                                                                        
(b)  In  connection  with  the  separation,  effective  at  the  beginning  of  its        
        fourth  quarter  of  fiscal  2015,  HP  implemented  an  organizational  change    
        which  resulted  in  the  transfer  of  marketing  optimization  solutions            
        business  from  the  Software  segment  to  the  Commercial  Hardware  business    
        unit  within  the  Commercial  Hardware  business  unit  within  the  Printing      
        segment.  HP  reflected  this  change  to  its  segment  information  in  prior      
        reporting  periods  on  an  as-if  basis,  which  resulted  in  the  transfer  of    
        net  revenue  from  the  Software  segment  to  the  Commercial  Hardware                
        business  unit  within  the  Printing  segment.  This  change  also  resulted  in  
        the  transfer  of  operating  profit  from  the  Software  segment  to  the              
        Printing  segment.  This  change  had  no  impact  on  HP's  previously  reported  
        consolidated  net  revenue,  earnings  from  operations,  net  earnings  or  net  
        earnings  per  share.                                                                                                          
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                    HP  INC.  AND  SUBSIDIARIES                                                    
                                                        SEGMENT  INFORMATION                                                          
                                                                (Unaudited)                                                                  
                                                              (In  millions)                                                                
                                                                                                                                                        
                                                                                                            Twelve  months  ended      
                                                                                                                    October  31,              
                                                                                                      ------------------------  
                                                                                                              2015                  2014        
                                                                                                      -----------    -----------  
Net  revenue:(a)(b)                                                                                                                    
                                                                                                                                                        
    Personal  Systems                                                                  $        31,469    $        34,303  
    Printing                                                                                            21,232              23,211  
                                                                                                      -----------    -----------  
        Total  Printing  and  Personal  Systems  Group                      52,701              57,514  
    Enterprise  Group                                                                            27,907              27,723  
    Enterprise  Services                                                                      19,806              22,398  
    Software                                                                                              3,458                3,701  
    HP  Financial  Services                                                                    3,216                3,498  
    Corporate  Investments                                                                          27                    302  
                                                                                                      -----------    -----------  
            Total  segments                                                                      107,115            115,136  
    Elimination  of  intersegment  net  revenue  and                                                              
      other                                                                                                (3,760)            (3,682)
                                                                                                      -----------    -----------  
                                                                                                                                                        
            Total  HP  consolidated  net  revenue                        $      103,355    $      111,454  
                                                                                                      ===========    ===========  
                                                                                                                                                        
Earnings  before  taxes:(a)(b)                                                                                                
                                                                                                                                                        
    Personal  Systems                                                                  $          1,064    $          1,270  
    Printing                                                                                              3,865                4,229  
                                                                                                      -----------    -----------  
        Total  Printing  and  Personal  Systems  Group                        4,929                5,499  
    Enterprise  Group                                                                              3,981                3,995  
    Enterprise  Services                                                                        1,051                    816  
    Software                                                                                                  760                    828  
    HP  Financial  Services                                                                        349                    389  
    Corporate  Investments                                                                      (565)                (199)
                                                                                                      -----------    -----------  
            Total  segment  earnings  from  operations                        10,505              11,328  
                                                                                                                                                        
    Corporate  and  unallocated  costs  and  eliminations                (724)                (953)
    Stock-based  compensation  expense                                                (709)                (560)
    Amortization  of  intangible  assets                                              (931)            (1,000)
    Restructuring  charges                                                                  (1,017)            (1,619)
    Acquisition  and  other  related  charges                                        (90)                  (11)
    Separation  costs                                                                            (1,259)                      -  
    Defined  benefit  plan  settlement  charges                                  (168)                      -  
    Impairment  of  data  center  assets                                                (136)                      -  
    Interest  and  other,  net                                                                  (572)                (628)
    Separation  costs  -  early  debt  settlement                                (167)                      -  
                                                                                                      -----------    -----------  
                                                                                                                                                        
            Total  HP  consolidated  earnings  before  taxes    $          4,732    $          6,557  
                                                                                                      ===========    ===========  
                                                                                                                                                        
(a)  Effective  at  the  beginning  of  its  first  quarter  of  fiscal  2015,  HP            
        implemented  an  organizational  change  to  align  its  segment  financial          
        reporting  more  closely  with  its  current  business  structure.  This                
        organizational  change  resulted  in  the  transfer  of  third  party  multi-        
        vendor  support  arrangements  from  the  Technology  Services  business  unit    
        within  the  Enterprise  Group  segment  to  the  Infrastructure  Technology        
        Outsourcing  business  unit  within  the  Enterprise  Services  segment.  HP        
        reflected  this  change  to  its  segment  information  in  prior  reporting          
        periods  on  an  as-if  basis,  which  resulted  in  the  removal  of  intersegment
        revenue  from  the  Technology  Services  business  unit  within  the  Enterprise
        Group  segment  and  the  related  corporate  intersegment  revenue                        
        eliminations,  and  the  transfer  of  operating  profit  from  the  Technology    
        Services  business  unit  within  the  Enterprise  Group  segment  to  the              
        Infrastructure  Technology  Outsourcing  business  unit  within  the                    
        Enterprise  Services  segment.  This  change  had  no  impact  on  HP's                    
        previously  reported  consolidated  net  revenue,  earnings  from  operations,  
        net  earnings  or  net  earnings  per  share.                                                                  
                                                                                                                                                        
(b)  In  connection  with  the  separation,  effective  at  the  beginning  of  its        
        fourth  quarter  of  fiscal  2015,  HP  implemented  an  organizational  change    
        which  resulted  in  the  transfer  of  marketing  optimization  solutions            
        business  from  the  Software  segment  to  the  Commercial  Hardware  business    
        unit  within  the  Commercial  Hardware  business  unit  within  the  Printing      
        segment.  HP  reflected  this  change  to  its  segment  information  in  prior      
        reporting  periods  on  an  as-if  basis,  which  resulted  in  the  transfer  of    
        net  revenue  from  the  Software  segment  to  the  Commercial  Hardware                
        business  unit  within  the  Printing  segment.  This  change  also  resulted  in  
        the  transfer  of  operating  profit  from  the  Software  segment  to  the              
        Printing  segment.  This  change  had  no  impact  on  HP's  previously  reported  
        consolidated  net  revenue,  earnings  from  operations,  net  earnings  or  net  
        earnings  per  share.                                                                                                          
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                  HP  INC.  AND  SUBSIDIARIES                                                      
                                          SEGMENT/BUSINESS  UNIT  INFORMATION                                            
                                                                (Unaudited)                                                                  
                                                              (In  millions)                                                                
                                                                                                                                                        
                                                                    Three  months  ended                        Change  (%)    
                                                -------------------------------------    -----------    
                                                October  31,        July  31,      October  31,                              
                                                        2015                  2015                  2014            Q/Q        Y/Y    
                                                -----------    -----------    -----------    ----      ----    
Net  revenue:(a)(b)                                                                                                                    
                                                                                                                                                        
    Printing  and  Personal                                                                                                          
      Systems  Group                                                                                                                        
        Personal  Systems                                                                                                                
            Notebooks                  $          4,384    $          3,993    $          4,869        10%      (10%)
            Desktops                                2,530                2,700                3,185        (6%)    (21%)
            Workstations                            472                    507                    558        (7%)    (15%)
            Other                                          308                    291                    336          6%        (8%)
                                                -----------    -----------    -----------                              
                Total  Personal                                                                                                            
                  Systems                            7,694                7,491                8,948          3%      (14%)
                                                -----------    -----------    -----------                              
                                                                                                                                                        
        Printing                                                                                                                                
            Supplies                                3,239                3,455                3,596        (6%)    (10%)
            Commercial                                                                                                                        
              Hardware                              1,345                1,305                1,628          3%      (17%)
            Consumer  Hardware                  381                    403                    577        (5%)    (34%)
                                                -----------    -----------    -----------                              
                Total  Printing                4,965                5,163                5,801        (4%)    (14%)
                                                -----------    -----------    -----------                              
                    Total                                                                                                                          
                      Printing  and                                                                                                          
                      Personal                                                                                                                  
                      Systems                                                                                                                    
                      Group                          12,659              12,654              14,749          0%      (14%)
                                                -----------    -----------    -----------                              
                                                                                                                                                        
        Enterprise  Group                                                                                                                
            Industry  Standard                                                                                                          
              Servers                                3,552                3,335                3,370          7%          5%  
            Technology                                                                                                                        
              Services                              1,862                1,881                2,093        (1%)    (11%)
            Storage                                      819                    784                    878          4%        (7%)
            Networking                                905                    823                    669        10%        35%  
            Business  Critical                                                                                                          
              Systems                                    220                    184                    238        20%        (8%)
                                                -----------    -----------    -----------                              
                Total                                                                                                                              
                  Enterprise                                                                                                                  
                  Group                                7,358                7,007                7,248          5%          2%  
                                                -----------    -----------    -----------                              
                                                                                                                                                        
        Enterprise  Services                                                                                                          
            Infrastructure                                                                                                                
              Technology                                                                                                                      
              Outsourcing                        3,068                3,036                3,446          1%      (11%)
            Application  and                                                                                                              
              Business                                                                                                                          
              Services                              1,952                1,940                2,065          1%        (5%)
                                                -----------    -----------    -----------                              
                Total                                                                                                                              
                  Enterprise                                                                                                                  
                  Services                          5,020                4,976                5,511          1%        (9%)
                                                -----------    -----------    -----------                              
                                                                                                                                                        
        Software                                        958                    845                1,026        13%        (7%)
                                                -----------    -----------    -----------                              
                                                                                                                                                        
        HP  Financial                                                                                                                        
          Services                                      802                    806                    906          0%      (11%)
                                                -----------    -----------    -----------                              
                                                                                                                                                        
        Corporate                                                                                                                              
          Investments                                    5                        4                        5        25%          0%  
                                                -----------    -----------    -----------                              
                Total  segments              26,802              26,292              29,445          2%        (9%)
                                                -----------    -----------    -----------                              
                                                                                                                                                        
        Elimination  of                                                                                                                    
          intersegment  net                                                                                                              
          revenue  and  other              (1,088)                (943)            (1,039)      15%          5%  
                                                -----------    -----------    -----------                              
                                                                                                                                                        
            Total  HP                                                                                                                            
              consolidated  net                                                                                                          
              revenue                    $        25,714    $        25,349    $        28,406          1%        (9%)
                                                ===========    ===========    ===========                              
                                                                                                                                                        
(a)  Effective  at  the  beginning  of  its  first  quarter  of  fiscal  2015,  HP            
        implemented  an  organizational  change  to  align  its  segment  financial          
        reporting  more  closely  with  its  current  business  structure.  This                
        organizational  change  resulted  in  the  transfer  of  third  party  multi-        
        vendor  support  arrangements  from  the  Technology  Services  business  unit    
        within  the  Enterprise  Group  segment  to  the  Infrastructure  Technology        
        Outsourcing  business  unit  within  the  Enterprise  Services  segment.  HP        
        reflected  this  change  to  its  segment  information  in  prior  reporting          
        periods  on  an  as-if  basis,  which  resulted  in  the  removal  of  intersegment
        revenue  from  the  Technology  Services  business  unit  within  the  Enterprise
        Group  segment  and  the  related  corporate  intersegment  revenue                        
        eliminations.  This  change  had  no  impact  on  HP's  previously  reported          
        consolidated  net  revenue,  earnings  from  operations,  net  earnings  or  net  
        earnings  per  share.                                                                                                          
                                                                                                                                                        
(b)  In  connection  with  the  separation,  effective  at  the  beginning  of  its        
        fourth  quarter  of  fiscal  2015,  HP  implemented  an  organizational  change    
        which  resulted  in  the  transfer  of  marketing  optimization  solutions            
        business  from  the  Software  segment  to  the  Commercial  Hardware  business    
        unit  within  the  Printing  segment.  HP  reflected  this  change  to  its              
        segment  information  in  prior  reporting  periods  on  an  as-if  basis,  which  
        resulted  in  the  transfer  of  net  revenue  from  the  Software  segment  to  the
        Commercial  Hardware  business  unit  within  the  Printing  segment.  This          
        change  had  no  impact  on  HP's  previously  reported  consolidated  net              
        revenue,  earnings  from  operations,  net  earnings  or  net  earnings  per          
        share.                                                                                                                                    
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                    HP  INC.  AND  SUBSIDIARIES                                                    
                                          SEGMENT/BUSINESS  UNIT  INFORMATION                                            
                                                                (Unaudited)                                                                  
                                                              (In  millions)                                                                
                                                                                                                                                        
                                                                                                            Twelve  months  ended      
                                                                                                                    October  31,              
                                                                                                      ------------------------  
                                                                                                              2015                  2014        
                                                                                                      -----------    -----------  
Net  revenue:(a)(b)                                                                                                                    
                                                                                                                                                        
    Printing  and  Personal  Systems  Group                                                                              
        Personal  Systems                                                                                                                
            Notebooks                                                                        $        17,271    $        17,540  
            Desktops                                                                                    10,941              13,197  
            Workstations                                                                              2,018                2,218  
            Other                                                                                            1,239                1,348  
                                                                                                      -----------    -----------  
                Total  Personal  Systems                                                    31,469              34,303  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Printing                                                                                                                                
            Supplies                                                                                    13,979              14,917  
            Commercial  Hardware                                                                5,378                5,949  
            Consumer  Hardware                                                                    1,875                2,345  
                                                                                                      -----------    -----------  
                Total  Printing                                                                    21,232              23,211  
                                                                                                      -----------    -----------  
                    Total  Printing  and  Personal  Systems                                                              
                      Group                                                                                52,701              57,514  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Enterprise  Group                                                                                                                
            Industry  Standard  Servers                                                  13,412              12,474  
            Technology  Services                                                                7,662                8,375  
            Storage                                                                                        3,180                3,316  
            Networking                                                                                  2,846                2,629  
            Business  Critical  Systems                                                        807                    929  
                                                                                                      -----------    -----------  
                Total  Enterprise  Group                                                    27,907              27,723  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Enterprise  Services                                                                                                          
            Infrastructure  Technology  Outsourcing                          12,107              14,038  
            Application  and  Business  Services                                    7,699                8,360  
                                                                                                      -----------    -----------  
                Total  Enterprise  Services                                              19,806              22,398  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Software                                                                                          3,458                3,701  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        HP  Financial  Services                                                                3,216                3,498  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Corporate  Investments                                                                      27                    302  
                                                                                                      -----------    -----------  
                Total  segments                                                                  107,115            115,136  
                                                                                                      -----------    -----------  
                                                                                                                                                        
        Elimination  of  intersegment  net  revenue  and                                                          
          other                                                                                            (3,760)            (3,682)
                                                                                                      -----------    -----------  
                                                                                                                                                        
            Total  HP  consolidated  net  revenue                        $      103,355    $      111,454  
                                                                                                      ===========    ===========  
                                                                                                                                                        
(a)  Effective  at  the  beginning  of  its  first  quarter  of  fiscal  2015,  HP            
        implemented  an  organizational  change  to  align  its  segment  financial          
        reporting  more  closely  with  its  current  business  structure.  This                
        organizational  change  resulted  in  the  transfer  of  third  party  multi-        
        vendor  support  arrangements  from  the  Technology  Services  business  unit    
        within  the  Enterprise  Group  segment  to  the  Infrastructure  Technology        
        Outsourcing  business  unit  within  the  Enterprise  Services  segment.  HP        
        reflected  this  change  to  its  segment  information  in  prior  reporting          
        periods  on  an  as-if  basis,  which  resulted  in  the  removal  of  intersegment
        revenue  from  the  Technology  Services  business  unit  within  the  Enterprise
        Group  segment  and  the  related  corporate  intersegment  revenue                        
        eliminations.  This  change  had  no  impact  on  HP's  previously  reported          
        consolidated  net  revenue,  earnings  from  operations,  net  earnings  or  net  
        earnings  per  share.                                                                                                          
                                                                                                                                                        
(b)  In  connection  with  the  separation,  effective  at  the  beginning  of  its        
        fourth  quarter  of  fiscal  2015,  HP  implemented  an  organizational  change    
        which  resulted  in  the  transfer  of  marketing  optimization  solutions            
        business  from  the  Software  segment  to  the  Commercial  Hardware  business    
        unit  within  the  Printing  segment.  HP  reflected  this  change  to  its              
        segment  information  in  prior  reporting  periods  on  an  as-if  basis,  which  
        resulted  in  the  transfer  of  net  revenue  from  the  Software  segment  to  the
        Commerical  Hardware  business  unit  within  the  Printing  segment.  This          
        change  had  no  impact  on  HP's  previously  reported  consolidated  net              
        revenue,  earnings  from  operations,  net  earnings  or  net  earnings  per          
        share.                                                                                                                                    
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                    HP  INC.  AND  SUBSIDIARIES                                                    
                                        SEGMENT  OPERATING  MARGIN  SUMMARY  DATA                                      
                                                                  (Unaudited)                                                                
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                                                        Three                                                      
                                                                                        months          Change  in  Operating    
                                                                                        ended                    Margin  (pts)          
                                                                                  -----------  -----------------------
                                                                                  October  31,                                                
                                                                                          2015                Q/Q                  Y/Y        
                                                                                  -----------  -----------  -----------
                                                                                                                                                        
Segment  operating  margin:(a)(b)                                                                                          
    Personal  Systems                                                            3.8%          0.8  pts      (0.2  pts)
    Printing                                                                          17.4%      (0.4  pts)      (0.8  pts)
        Total  Printing  &  Personal  Systems                                                                              
          Group                                                                            9.1%          0.1  pts      (0.4  pts)
                                                                                                                                                        
    Enterprise  Group                                                          14.0%          1.0  pts      (0.8  pts)
    Enterprise  Services                                                      8.2%          2.2  pts          1.4  pts
    Software                                                                          30.1%          9.5  pts      (1.3  pts)
    HP  Financial  Services                                                10.8%          0.0  pts      (1.3  pts)
    Corporate  Investments(c)                                                NM                    NM                    NM
            Total  segments                                                      10.5%          1.1  pts      (0.3  pts)
                                                                                                                                                        
(a)  Effective  at  the  beginning  of  its  first  quarter  of  fiscal  2015,  HP            
        implemented  an  organizational  change  to  align  its  segment  financial          
        reporting  more  closely  with  its  current  business  structure.  This                
        organizational  change  resulted  in  the  transfer  of  third  party  multi-        
        vendor  support  arrangements  from  the  Technology  Services  business  unit    
        within  the  Enterprise  Group  segment  to  the  Infrastructure  Technology        
        Outsourcing  business  unit  within  the  Enterprise  Services  segment.  HP        
        reflected  this  change  to  its  segment  information  in  prior  reporting          
        periods  on  an  as-if  basis,  which  resulted  in  the  removal  of  intersegment
        revenue  from  the  Technology  Services  business  unit  within  the  Enterprise
        Group  segment  and  the  related  corporate  intersegment  revenue                        
        eliminations,  and  the  transfer  of  operating  profit  from  the  Technology    
        Services  business  unit  within  the  Enterprise  Group  segment  to  the              
        Infrastructure  Technology  Outsourcing  business  unit  within  the                    
        Enterprise  Services  segment.  This  change  had  no  impact  on  HP's                    
        previously  reported  consolidated  net  revenue,  earnings  from  operations,  
        net  earnings  or  net  earnings  per  share.                                                                  
                                                                                                                                                        
(b)  In  connection  with  the  separation,  effective  at  the  beginning  of  its        
        fourth  quarter  of  fiscal  2015,  HP  also  implemented  an  organizational        
        change  which  resulted  in  the  transfer  of  marketing  optimization                  
        solutions  business  from  the  Software  segment  to  the  Commercial  Hardware  
        business  unit  within  the  Printing  segment.  HP  reflected  this  change  to    
        its  segment  information  in  prior  reporting  periods  on  an  as-if  basis,      
        which  resulted  in  the  transfer  of  net  revenue  from  the  Software  segment  
        to  the  Printing  segment.  This  change  also  resulted  in  the  transfer  of      
        operating  profit  from  the  Software  segment  to  the  Printing  segment.  This
        change  had  no  impact  on  HP's  previously  reported  consolidated  net              
        revenue,  earnings  from  operations,  net  earnings  or  net  earnings  per          
        share.                                                                                                                                    
                                                                                                                                                        
(c)  "NM"  represents  not  meaningful.                                                                                  
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                    HP  INC.  AND  SUBSIDIARIES                                                    
                                CALCULATION  OF  DILUTED  NET  EARNINGS  PER  SHARE                              
                                                                  (Unaudited)                                                                
                                      (In  millions,  except  per  share  amounts)                                    
                                                                                                                                                        
                                                                                                                                                        
                                                                                                    Three  months  ended                
                                                                                  -----------------------------------
                                                                                  October  31,      July  31,    October  31,
                                                                                          2015                2015                2014      
                                                                                  -----------  -----------  -----------
                                                                                                                                                        
Numerator:                                                                                                                                    
    GAAP  net  earnings                                            $          1,323  $              854  $          1,330
                                                                                  ===========  ===========  ===========
    Non-GAAP  net  earnings                                    $          1,687  $          1,604  $          2,014
                                                                                  ===========  ===========  ===========
                                                                                                                                                        
Denominator:                                                                                                                                
    Weighted-average  shares  outstanding                                                                              
      during  the  reporting  period                                  1,802              1,805              1,862
    Dilutive  effect  of  employee  stock                                                                                  
      plans(a)                                                                              19                    23                    34
                                                                                  -----------  -----------  -----------
        Weighted-average  shares  used  to                                                                                  
          compute  diluted  net  earnings  per                                                                              
          share                                                                          1,821              1,828              1,896
                                                                                  ===========  ===========  ===========
                                                                                                                                                        
GAAP  diluted  net  earnings  per  share            $            0.73  $            0.47  $            0.70
                                                                                  ===========  ===========  ===========
Non-GAAP  diluted  net  earnings  per  share    $            0.93  $            0.88  $            1.06
                                                                                  ===========  ===========  ===========
                                                                                                                                                        
                                                                                                                                                        
(a)  Includes  any  dilutive  effect  of  restricted  stock  units,  restricted            
        stock,  stock  options  and  performance-based  awards.                                            
                                                                                                                                                        
                                                                                                                                                        
                                                                                                                                                        
                                                      HP  INC.  AND  SUBSIDIARIES                                                      
                                  CALCULATION  OF  DILUTED  NET  EARNINGS  PER  SHARE                                
                                        (In  millions,  except  per  share  amounts)                                      
                                                                                                                                                            
                                                                                                                                                            
                                                                                                                  Twelve  months  ended    
                                                                                                                          October  31,            
                                                                                                              -----------------------
                                                                                                                      2015                2014      
                                                                                                              -----------  -----------
                                                                                                              (Unaudited)                        
Numerator:                                                                                                                                        
    GAAP  net  earnings                                                                        $          4,554  $          5,013
                                                                                                              ===========  ===========
    Non-GAAP  net  earnings                                                                $          6,592  $          7,145
                                                                                                              ===========  ===========
                                                                                                                                                            
Denominator:                                                                                                                                    
    Weighted-average  shares  outstanding  during  the                                                            
      reporting  period                                                                                    1,814              1,882
    Dilutive  effect  of  employee  stock  plans(a)                                        22                    30
                                                                                                              -----------  -----------
        Weighted-average  shares  used  to  compute  diluted                                                      
          net  earnings  per  share                                                                    1,836              1,912
                                                                                                              ===========  ===========
                                                                                                                                                            
GAAP  diluted  net  earnings  per  share                                        $            2.48  $            2.62
                                                                                                              ===========  ===========
Non-GAAP  diluted  net  earnings  per  share                                $            3.59  $            3.74
                                                                                                              ===========  ===========
                                                                                                                                                            
                                                                                                                                                        
(a)  Includes  any  dilutive  effect  of  restricted  stock  units,  restricted            
        stock,  stock  options  and  performance-based  restricted  stock  awards.          
                                                                                                                                                        
 

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