| (Mark One) | ||||||||
| ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | ||||||||
| For the fiscal year ended | ||||||||
| Or | ||||||||
| TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | ||||||||
| For the transition period from to | ||||||||
| Commission file number | ||||||||
(State or other jurisdiction of incorporation or organization) | (I.R.S. employer identification no.) | ||||||||||
| (Zip code) | |||||||||||
| (Address of principal executive offices) | |||||||||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
| | ||||||||
| ☒ | Accelerated filer | ☐ | Non-accelerated filer | ☐ | Smaller reporting company | Emerging growth company | |||||||||||||||||||||||
| DOCUMENTS INCORPORATED BY REFERENCE | ||||||||
| DOCUMENT DESCRIPTION | 10-K PART | |||||||
Portions of the Registrant’s definitive proxy statement related to its 2026 Annual Meeting of Stockholders to be filed pursuant to Regulation 14A within 120 days after Registrant’s fiscal year end of October 31, 2025 are incorporated by reference into Part III of this Report. | III | |||||||
| Page | ||||||||
| PART I | ||||||||
| Item 1. | ||||||||
| Item 1A. | ||||||||
| Item 1B. | ||||||||
Item 1C. | ||||||||
| Item 2. | ||||||||
| Item 3. | ||||||||
| Item 4. | ||||||||
| PART II | ||||||||
| Item 5. | ||||||||
| Item 6. | ||||||||
| Item 7. | ||||||||
| Item 7A. | ||||||||
| Item 8. | ||||||||
| Item 9. | ||||||||
| Item 9A. | ||||||||
| Item 9B. | ||||||||
| Item 9C. | ||||||||
| PART III | ||||||||
| Item 10. | ||||||||
| Item 11. | ||||||||
| Item 12. | ||||||||
| Item 13. | ||||||||
| Item 14. | ||||||||
| PART IV | ||||||||
| Item 15. | ||||||||
| Item 16. | ||||||||
Fiscal year ended October 31, 2025 | |||||||||||||||||
| Owned | Leased | Total | |||||||||||||||
| (square feet in millions) | |||||||||||||||||
| Administration and support | 1.9 | 5.0 | 6.9 | ||||||||||||||
| (Percentage) | 28 | % | 72 | % | 100 | % | |||||||||||
Manufacturing, research and development facilities and warehouse operations | 2.4 | 4.9 | 7.3 | ||||||||||||||
| (Percentage) | 33 | % | 67 | % | 100 | % | |||||||||||
Total(1) | 4.3 | 9.9 | 14.2 | ||||||||||||||
| (Percentage) | 30 | % | 70 | % | 100 | % | |||||||||||
| Americas | Europe, Middle East, Africa | Asia Pacific | ||||||||||||
| Palo Alto, United States | Geneva, Switzerland | Singapore | ||||||||||||
| Americas | Europe, Middle East, Africa | Asia Pacific | ||||||||||||
Mexico—Tijuana United States—Boise, Corvallis, Fort Collins, Fountain Valley, Palo Alto, San Diego, Scotts Valley, Spring, Vancouver | Israel—Kiryat-Gat, Rehovot, Netanya Spain—Barcelona | China— Chongqing, Shanghai India—Bangalore Malaysia—Penang Singapore—Singapore South Korea—Pangyo Taiwan—Taipei | ||||||||||||
| Total Number of Shares Purchased | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | Approximate Dollar Value of Shares that May Yet Be Purchased under the Plans or Programs | ||||||||||||||||||||
| Period | In thousands, except per share amounts | ||||||||||||||||||||||
| August 2025 | 5,721 | $ | 26.22 | 5,721 | $ | 8,761,940 | |||||||||||||||||
| September 2025 | 5,779 | $ | 28.17 | 5,779 | $ | 8,599,150 | |||||||||||||||||
| October 2025 | 6,830 | $ | 27.41 | 6,830 | $ | 8,411,940 | |||||||||||||||||
| Total | 18,330 | 18,330 | |||||||||||||||||||||

10/20 | 10/21 | 10/22 | 10/23 | 10/24 | 10/25 | |||||||||||||||||||||||||||||||||
| HP Inc. | $ | 100.00 | $ | 173.62 | $ | 162.80 | $ | 160.88 | $ | 224.51 | $ | 182.07 | ||||||||||||||||||||||||||
| S&P 500 Index | $ | 100.00 | $ | 142.89 | $ | 122.00 | $ | 134.35 | $ | 185.38 | $ | 225.10 | ||||||||||||||||||||||||||
| S&P Information Technology Index | $ | 100.00 | $ | 146.93 | $ | 117.16 | $ | 153.30 | $ | 231.83 | $ | 318.88 | ||||||||||||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||||||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||||||||||||||||||||
| Dollars | % of Net Revenue | Dollars | % of Net Revenue | Dollars | % of Net Revenue | ||||||||||||||||||||||||||||||
| Dollars in millions | |||||||||||||||||||||||||||||||||||
| Net revenue: | |||||||||||||||||||||||||||||||||||
| Products | $ | 52,002 | 94.0 | % | $ | 50,453 | 94.2 | % | $ | 50,660 | 94.3 | % | |||||||||||||||||||||||
| Services | 3,293 | 6.0 | % | 3,106 | 5.8 | % | 3,058 | 5.7 | % | ||||||||||||||||||||||||||
| Total net revenue | 55,295 | 100.0 | % | 53,559 | 100.0 | % | 53,718 | 100.0 | % | ||||||||||||||||||||||||||
| Cost of net revenue: | |||||||||||||||||||||||||||||||||||
Products(1) | 41,993 | 80.8 | % | 39,952 | 79.2 | % | 40,484 | 79.9 | % | ||||||||||||||||||||||||||
Services(2) | 1,910 | 58.0 | % | 1,789 | 57.6 | % | 1,726 | 56.4 | % | ||||||||||||||||||||||||||
| Total cost of net revenue | 43,903 | 79.4 | % | 41,741 | 77.9 | % | 42,210 | 78.6 | % | ||||||||||||||||||||||||||
Gross margin | 11,392 | 20.6 | % | 11,818 | 22.1 | % | 11,508 | 21.4 | % | ||||||||||||||||||||||||||
| Research and development | 1,602 | 2.9 | % | 1,640 | 3.1 | % | 1,578 | 2.9 | % | ||||||||||||||||||||||||||
| Selling, general and administrative | 5,821 | 10.5 | % | 5,658 | 10.6 | % | 5,357 | 10.0 | % | ||||||||||||||||||||||||||
| Restructuring and other charges | 405 | 0.8 | % | 301 | 0.5 | % | 527 | 1.0 | % | ||||||||||||||||||||||||||
| Acquisition and divestiture charges | 45 | 0.1 | % | 83 | 0.2 | % | 240 | 0.4 | % | ||||||||||||||||||||||||||
| Amortization of intangible assets | 345 | 0.6 | % | 318 | 0.6 | % | 350 | 0.7 | % | ||||||||||||||||||||||||||
| Total operating expenses | 8,218 | 14.9 | % | 8,000 | 15.0 | % | 8,052 | 15.0 | % | ||||||||||||||||||||||||||
| Earnings from operations | 3,174 | 5.7 | % | 3,818 | 7.1 | % | 3,456 | 6.4 | % | ||||||||||||||||||||||||||
| Interest and other, net | (506) | (0.9) | % | (539) | (1.0) | % | (519) | (0.9) | % | ||||||||||||||||||||||||||
| Earnings before taxes | 2,668 | 4.8 | % | 3,279 | 6.1 | % | 2,937 | 5.5 | % | ||||||||||||||||||||||||||
(Provision for) benefit from taxes | (139) | (0.2) | % | (504) | (0.9) | % | 326 | 0.6 | % | ||||||||||||||||||||||||||
| Net earnings | $ | 2,529 | 4.6 | % | $ | 2,775 | 5.2 | % | $ | 3,263 | 6.1 | % | |||||||||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Dollars in millions | |||||||||||||||||
| Net revenue | $ | 38,532 | $ | 36,195 | $ | 35,684 | |||||||||||
| Earnings from operations | $ | 2,054 | $ | 2,253 | $ | 2,129 | |||||||||||
| Earnings from operations as a % of net revenue | 5.3% | 6.2 | % | 6.0% | |||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||||||||||||||
| Net Revenue | Weighted Net Revenue Change Percentage Points(1) | ||||||||||||||||||||||||||||
| 2025 | 2024 | 2023 | 2025 | 2024 | |||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||
Commercial PS | $ | 27,438 | $ | 25,486 | $ | 24,712 | 5.4 | 2.1 | |||||||||||||||||||||
Consumer PS | 11,094 | 10,709 | 10,972 | 1.1 | (0.7) | ||||||||||||||||||||||||
| Total Personal Systems | $ | 38,532 | $ | 36,195 | $ | 35,684 | 6.5 | 1.4 | |||||||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Dollars in millions | |||||||||||||||||
| Net revenue | $ | 16,702 | $ | 17,338 | $ | 18,029 | |||||||||||
| Earnings from operations | $ | 3,118 | $ | 3,290 | $ | 3,399 | |||||||||||
| Earnings from operations as a % of net revenue | 18.7% | 19.0% | 18.9% | ||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||||||||||||||
| Net Revenue | Weighted Net Revenue Change Percentage Points(1) | ||||||||||||||||||||||||||||
| 2025 | 2024 | 2023 | 2025 | 2024 | |||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||
| Supplies | $ | 10,916 | $ | 11,295 | $ | 11,452 | (2.2) | (0.9) | |||||||||||||||||||||
Commercial Printing | 4,633 | 4,841 | 5,250 | (1.2) | (2.2) | ||||||||||||||||||||||||
Consumer Printing | 1,153 | 1,202 | 1,327 | (0.3) | (0.7) | ||||||||||||||||||||||||
| Total Printing | $ | 16,702 | $ | 17,338 | $ | 18,029 | (3.7) | (3.8) | |||||||||||||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| Cash and cash equivalents | $ | 3,690 | $ | 3,238 | |||||||
Restricted cash | $ | 15 | $ | 15 | |||||||
| Total debt | $ | 9,666 | $ | 9,669 | |||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
| Net cash provided by operating activities | $ | 3,697 | $ | 3,749 | $ | 3,571 | |||||||||||
| Net cash used in investing activities | (1,177) | (646) | (590) | ||||||||||||||
| Net cash used in financing activities | (2,060) | (3,082) | (2,894) | ||||||||||||||
Net increase in cash, cash equivalents, and restricted cash | $ | 460 | $ | 21 | $ | 87 | |||||||||||
| As of October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Days of sales outstanding in accounts receivable (“DSO”) | 35 | 33 | 28 | ||||||||||||||
| Days of supply in inventory (“DOS”) | 66 | 63 | 57 | ||||||||||||||
| Days of purchases outstanding in accounts payable (“DPO”) | (139) | (138) | (117) | ||||||||||||||
| Cash conversion cycle | (38) | (42) | (32) | ||||||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| Dollars in millions | |||||||||||
| Short-term debt | $ | 845 | $ | 1,406 | |||||||
| Long-term debt | $ | 8,821 | $ | 8,263 | |||||||
| Weighted-average interest rate | 4.6 | % | 4.5 | % | |||||||
| Payments Due by Period | |||||||||||||||||
| Total | Short-term | Long-term | |||||||||||||||
| In millions | |||||||||||||||||
Principal payments on debt(1) | $ | 9,688 | $ | 831 | $ | 8,857 | |||||||||||
Interest payments on debt(2) | 2,775 | 406 | 2,369 | ||||||||||||||
Purchase obligations(3) | 1,085 | 509 | 576 | ||||||||||||||
| Operating lease obligations | 1,387 | 474 | 913 | ||||||||||||||
| Finance lease obligations | 35 | 16 | 19 | ||||||||||||||
Total | $ | 14,970 | $ | 2,236 | $ | 12,734 | |||||||||||
| Page | |||||
Estimation of variable consideration | |||||
Description of the Matter | As described in Note 1 of the consolidated financial statements, the Company reduces revenue for customer and distributor programs and incentive offerings including rebates, promotions and other volume-based incentives. The Company uses estimates to determine the expected variable consideration for such programs based on factors like historical experience, expected customer behavior and market conditions. Estimated variable consideration is presented within other current liabilities on the consolidated balance sheet and totaled $3.1 billion at October 31, 2025. Auditing the Company’s measurement of certain variable consideration is especially challenging because the calculation is complex and reflects management's assumptions about expected customer behavior, considering historical experience. Changes in those assumptions can have a material effect on the amount of variable consideration recognized. | ||||
| How We Addressed the Matter in Our Audit | We obtained an understanding, evaluated the design, and tested the operating effectiveness of the Company’s internal controls over its measurement of variable consideration, including management’s evaluation of the significant assumptions that have a material effect on the variable consideration. Our audit procedures included, among others, developing an independent estimate of the variable consideration and comparing our estimate to the recorded balance. We performed this predictive analysis at both an aggregated and disaggregated level. We also inspected the terms and conditions of the incentive offerings. In addition, we compared previous estimates of variable consideration to actual payments. | ||||
| /s/ ENRIQUE LORES | /s/ KAREN L. PARKHILL | |||||||
Enrique Lores President and Chief Executive Officer December 10, 2025 | Karen L. Parkhill Chief Financial Officer December 10, 2025 | |||||||
| HP INC. AND SUBSIDIARIES | |||||||||||||||||
| Consolidated Statements of Earnings | |||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions, except per share amounts | |||||||||||||||||
Net revenue: | |||||||||||||||||
Products | $ | $ | $ | ||||||||||||||
| Services | |||||||||||||||||
| Total net revenue | |||||||||||||||||
| Cost of net revenue: | |||||||||||||||||
Products | |||||||||||||||||
| Services | |||||||||||||||||
| Total cost of net revenue | |||||||||||||||||
Gross profit | |||||||||||||||||
| Research and development | |||||||||||||||||
| Selling, general and administrative | |||||||||||||||||
| Restructuring and other charges | |||||||||||||||||
| Acquisition and divestiture charges | |||||||||||||||||
| Amortization of intangible assets | |||||||||||||||||
| Total operating expenses | |||||||||||||||||
| Earnings from operations | |||||||||||||||||
| Interest and other, net | ( | ( | ( | ||||||||||||||
| Earnings before taxes | |||||||||||||||||
(Provision for) benefit from taxes | ( | ( | |||||||||||||||
| Net earnings | $ | $ | $ | ||||||||||||||
| Net earnings per share: | |||||||||||||||||
| Basic | $ | $ | $ | ||||||||||||||
| Diluted | $ | $ | $ | ||||||||||||||
| Weighted-average shares used to compute net earnings per share: | |||||||||||||||||
| Basic | |||||||||||||||||
| Diluted | |||||||||||||||||
| HP INC. AND SUBSIDIARIES | |||||||||||||||||
| Consolidated Statements of Comprehensive Income | |||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
| Net earnings | $ | $ | $ | ||||||||||||||
Other comprehensive loss before taxes: | |||||||||||||||||
| Change in unrealized components of available-for-sale debt securities: | |||||||||||||||||
Unrealized gains arising during the period | |||||||||||||||||
| Change in unrealized components of cash flow hedges: | |||||||||||||||||
Unrealized (losses) gains arising during the period | ( | ( | |||||||||||||||
Losses (gains) reclassified into earnings | ( | ( | |||||||||||||||
| ( | ( | ( | |||||||||||||||
| Change in unrealized components of defined benefit plans: | |||||||||||||||||
Unrealized gains (losses) arising during the period | ( | ( | |||||||||||||||
| Amortization of actuarial loss and prior service benefit | |||||||||||||||||
| Curtailments, settlements and other | |||||||||||||||||
| ( | ( | ||||||||||||||||
| Change in cumulative translation adjustment | |||||||||||||||||
Other comprehensive loss before taxes | ( | ( | ( | ||||||||||||||
Benefit from taxes | |||||||||||||||||
Other comprehensive loss, net of taxes | ( | ( | ( | ||||||||||||||
| Comprehensive income | $ | $ | $ | ||||||||||||||
| HP INC. AND SUBSIDIARIES | |||||||||||
| Consolidated Balance Sheets | |||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions, except par value | |||||||||||
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash, cash equivalents and restricted cash | $ | $ | |||||||||
Accounts receivable, net of allowance for credit losses of $ | |||||||||||
| Inventory | |||||||||||
| Other current assets | |||||||||||
| Total current assets | |||||||||||
| Property, plant and equipment, net | |||||||||||
| Goodwill | |||||||||||
| Other non-current assets | |||||||||||
| Total assets | $ | $ | |||||||||
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | |||||||||||
| Current liabilities: | |||||||||||
| Notes payable and short-term borrowings | $ | $ | |||||||||
| Accounts payable | |||||||||||
| Other current liabilities | |||||||||||
| Total current liabilities | |||||||||||
| Long-term debt | |||||||||||
| Other non-current liabilities | |||||||||||
| Commitments and contingencies | |||||||||||
| Stockholders’ deficit: | 0 | ||||||||||
Preferred stock, $ | |||||||||||
Common stock, $ | |||||||||||
| Additional paid-in capital | |||||||||||
| Accumulated deficit | ( | ( | |||||||||
| Accumulated other comprehensive loss | ( | ( | |||||||||
| Total stockholders’ deficit | ( | ( | |||||||||
| Total liabilities and stockholders’ deficit | $ | $ | |||||||||
| HP INC. AND SUBSIDIARIES | |||||||||||||||||
| Consolidated Statements of Cash Flows | |||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
| Cash flows from operating activities: | |||||||||||||||||
| Net earnings | $ | $ | $ | ||||||||||||||
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||||||||||||||||
| Depreciation, amortization and impairment | |||||||||||||||||
| Stock-based compensation expense | |||||||||||||||||
| Restructuring and other charges | |||||||||||||||||
| Deferred taxes on earnings | ( | ( | ( | ||||||||||||||
| Other, net | ( | ( | |||||||||||||||
| Changes in operating assets and liabilities, net of acquisitions: | |||||||||||||||||
| Accounts receivable | ( | ( | |||||||||||||||
| Inventory | ( | ( | |||||||||||||||
| Accounts payable | ( | ||||||||||||||||
Net investment in leases related to integrated financing | ( | ( | ( | ||||||||||||||
| Taxes on earnings | ( | ( | |||||||||||||||
| Restructuring and other | ( | ( | ( | ||||||||||||||
| Other assets and liabilities | ( | ( | |||||||||||||||
| Net cash provided by operating activities | |||||||||||||||||
| Cash flows from investing activities: | |||||||||||||||||
Investment in property, plant, equipment and purchased intangibles, net | ( | ( | ( | ||||||||||||||
| Purchases of available-for-sale securities and other investments | ( | ( | ( | ||||||||||||||
| Maturities and sales of available-for-sale securities and other investments | |||||||||||||||||
| Collateral posted for derivative instruments | ( | ||||||||||||||||
| Payments made in connection with business acquisitions, net of cash acquired | ( | ( | ( | ||||||||||||||
Proceeds from business divestitures | |||||||||||||||||
| Net cash used in investing activities | ( | ( | ( | ||||||||||||||
| Cash flows from financing activities: | |||||||||||||||||
Payments of short-term borrowings with original maturities less than 90 days, net | ( | ||||||||||||||||
| Proceeds from debt, net of issuance costs | |||||||||||||||||
Payment of debt and other associated costs | ( | ( | ( | ||||||||||||||
| Stock-based award activities and others | ( | ( | ( | ||||||||||||||
| Repurchase of common stock | ( | ( | ( | ||||||||||||||
| Cash dividends paid | ( | ( | ( | ||||||||||||||
Collateral returned for derivative instruments | ( | ||||||||||||||||
| Settlement of cash flow hedges | ( | ||||||||||||||||
| Net cash used in financing activities | ( | ( | ( | ||||||||||||||
Increase in cash, cash equivalents and restricted cash | |||||||||||||||||
| Cash, cash equivalents and restricted cash at beginning of period | |||||||||||||||||
Cash, cash equivalents and restricted cash at end of period (1) | $ | $ | $ | ||||||||||||||
| Supplemental cash flow disclosures: | |||||||||||||||||
| Income taxes paid, net of refunds | $ | $ | $ | ||||||||||||||
| Interest expense paid | $ | $ | $ | ||||||||||||||
| HP INC. AND SUBSIDIARIES | |||||||||||||||||||||||||||||||||||
| Consolidated Statements of Stockholders’ Deficit | |||||||||||||||||||||||||||||||||||
| Common Stock | Additional Paid-in Capital | Accumulated Other Comprehensive (Loss) Income | Total Stockholders’ Deficit | ||||||||||||||||||||||||||||||||
| Number of Shares | Par Value | Accumulated Deficit | |||||||||||||||||||||||||||||||||
| In millions, except number of shares in thousands | |||||||||||||||||||||||||||||||||||
Balance as of October 31, 2022 | $ | $ | $ | ( | $ | $ | ( | ||||||||||||||||||||||||||||
| Net earnings | |||||||||||||||||||||||||||||||||||
Other comprehensive loss, net of taxes | ( | ( | |||||||||||||||||||||||||||||||||
| Comprehensive income | |||||||||||||||||||||||||||||||||||
| Issuance of common stock in connection with employee stock plans and other | ( | ( | |||||||||||||||||||||||||||||||||
| Repurchases of common stock (Note 12) | ( | ( | ( | ( | |||||||||||||||||||||||||||||||
Cash dividends ($ | ( | ( | |||||||||||||||||||||||||||||||||
| Stock-based compensation expense | |||||||||||||||||||||||||||||||||||
Balance as of October 31, 2023 | ( | ( | ( | ||||||||||||||||||||||||||||||||
| Net earnings | |||||||||||||||||||||||||||||||||||
Other comprehensive loss, net of taxes | ( | ( | |||||||||||||||||||||||||||||||||
| Comprehensive income | |||||||||||||||||||||||||||||||||||
| Issuance of common stock in connection with employee stock plans and other | ( | ( | |||||||||||||||||||||||||||||||||
| Repurchases of common stock (Note 12) | ( | ( | ( | ( | ( | ||||||||||||||||||||||||||||||
Cash dividends ($ | ( | ( | |||||||||||||||||||||||||||||||||
| Stock-based compensation expense | |||||||||||||||||||||||||||||||||||
| Other | |||||||||||||||||||||||||||||||||||
Balance as of October 31, 2024 | ( | ( | ( | ||||||||||||||||||||||||||||||||
| Net earnings | |||||||||||||||||||||||||||||||||||
Other comprehensive loss, net of taxes | ( | ( | |||||||||||||||||||||||||||||||||
| Comprehensive income | |||||||||||||||||||||||||||||||||||
| Issuance of common stock in connection with employee stock plans and other | ( | ( | |||||||||||||||||||||||||||||||||
| Repurchases of common stock (Note 12) | ( | ( | ( | ( | |||||||||||||||||||||||||||||||
Cash dividends ($ | ( | ( | |||||||||||||||||||||||||||||||||
| Stock-based compensation expense | |||||||||||||||||||||||||||||||||||
Other | ( | ( | |||||||||||||||||||||||||||||||||
Balance as of October 31, 2025 | $ | $ | $ | ( | $ | ( | $ | ( | |||||||||||||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
Net revenue | |||||||||||||||||
| Commercial PS | $ | $ | $ | ||||||||||||||
Consumer PS | |||||||||||||||||
| Personal Systems | |||||||||||||||||
| Supplies | |||||||||||||||||
| Commercial Printing | |||||||||||||||||
| Consumer Printing | |||||||||||||||||
| Printing | |||||||||||||||||
| Corporate Investments | |||||||||||||||||
| Total segment net revenue | |||||||||||||||||
| Other | ( | ( | |||||||||||||||
| Total net revenue | $ | $ | $ | ||||||||||||||
Cost of net revenue | |||||||||||||||||
Personal Systems | $ | $ | $ | ||||||||||||||
Printing | |||||||||||||||||
Corporate Investments | |||||||||||||||||
Total segment cost of net revenue | $ | $ | $ | ||||||||||||||
Operating expenses | |||||||||||||||||
Personal Systems | $ | $ | $ | ||||||||||||||
Printing | |||||||||||||||||
Corporate Investments | |||||||||||||||||
Total segment operating expenses | $ | $ | $ | ||||||||||||||
Earnings before taxes | |||||||||||||||||
| Personal Systems | $ | $ | $ | ||||||||||||||
| Printing | |||||||||||||||||
| Corporate Investments | ( | ( | ( | ||||||||||||||
| Total segment earnings from operations | |||||||||||||||||
| Corporate and unallocated costs and other | ( | ( | ( | ||||||||||||||
| Stock-based compensation expense | ( | ( | ( | ||||||||||||||
| Restructuring and other charges | ( | ( | ( | ||||||||||||||
| Acquisition and divestiture charges | ( | ( | ( | ||||||||||||||
| Amortization of intangible assets | ( | ( | ( | ||||||||||||||
| Certain litigation charges | ( | ( | |||||||||||||||
Interest and other, net(1) | ( | ( | ( | ||||||||||||||
| Total earnings before taxes | $ | $ | $ | ||||||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| Personal Systems | $ | $ | |||||||||
| Printing | |||||||||||
| Corporate Investments | |||||||||||
| Corporate and unallocated assets | |||||||||||
| Total assets | $ | $ | |||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
| United States | $ | $ | $ | ||||||||||||||
| Other countries | |||||||||||||||||
| Total net revenue | $ | $ | $ | ||||||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| United States | $ | $ | |||||||||
| Singapore | |||||||||||
| South Korea | |||||||||||
| Other countries | |||||||||||
| Total property, plant and equipment, net | $ | $ | |||||||||
| Fiscal 2023 Plan | Other prior year plans(1) | Total | |||||||||||||||||||||
| Severance and EER | Non-labor | ||||||||||||||||||||||
| In millions | |||||||||||||||||||||||
Accrued balance as of October 31, 2022 | $ | $ | $ | $ | |||||||||||||||||||
| Charges | |||||||||||||||||||||||
| Cash payments | ( | ( | ( | ( | |||||||||||||||||||
| Non-cash and other adjustments | ( | (2) | ( | ( | |||||||||||||||||||
Accrued balance as of October 31, 2023 | |||||||||||||||||||||||
| Charges | |||||||||||||||||||||||
| Cash payments | ( | ( | ( | ( | |||||||||||||||||||
| Non-cash and other adjustments | ( | ( | ( | ||||||||||||||||||||
Accrued balance as of October 31, 2024 | |||||||||||||||||||||||
| Cash payments | ( | ( | ( | ( | |||||||||||||||||||
| Non-cash and other adjustments | ( | ( | |||||||||||||||||||||
Accrued balance as of October 31, 2025 | $ | $ | $ | $ | |||||||||||||||||||
Total costs incurred to date as of October 31, 2025 | $ | $ | $ | $ | |||||||||||||||||||
Reflected in Consolidated Balance Sheet: | |||||||||||||||||||||||
| Other current liabilities | $ | $ | $ | $ | |||||||||||||||||||
| Other non-current liabilities | $ | $ | $ | $ | |||||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2025 | 2024 | 2023 | 2025 | 2024 | 2023 | 2025 | 2024 | 2023 | |||||||||||||||||||||||||||||||||||||||||||||
| U.S. Defined Benefit Plans | Non-U.S. Defined Benefit Plans | Post-Retirement Benefit Plans | |||||||||||||||||||||||||||||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Service cost | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||||||||||||||||||||||||||
| Interest cost | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Expected return on plan assets | ( | ( | ( | ( | ( | ( | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||
| Amortization and deferrals: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Actuarial loss (gain) | ( | ( | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||
| Prior service cost (credit) | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net periodic benefit cost (credit) | ( | ( | ( | ( | |||||||||||||||||||||||||||||||||||||||||||||||||
Settlement loss | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Special termination benefit cost | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Total periodic benefit cost (credit) | $ | $ | $ | $ | $ | $ | $ | ( | $ | ( | $ | ||||||||||||||||||||||||||||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2025 | 2024 | 2023 | 2025 | 2024 | 2023 | 2025 | 2024 | 2023 | |||||||||||||||||||||||||||||||||||||||||||||
| U.S. Defined Benefit Plans | Non-U.S. Defined Benefit Plans | Post-Retirement Benefit Plans | |||||||||||||||||||||||||||||||||||||||||||||||||||
| Discount rate | % | % | % | % | % | % | % | % | % | ||||||||||||||||||||||||||||||||||||||||||||
| Expected increase in compensation levels | % | % | % | % | % | % | % | % | % | ||||||||||||||||||||||||||||||||||||||||||||
| Expected long-term return on plan assets | % | % | % | % | % | % | % | % | % | ||||||||||||||||||||||||||||||||||||||||||||
Interest crediting rate | % | % | % | % | % | % | % | % | % | ||||||||||||||||||||||||||||||||||||||||||||
| As of October 31 | |||||||||||||||||||||||||||||||||||
| 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | ||||||||||||||||||||||||||||||
| U.S. Defined Benefit Plans | Non-U.S. Defined Benefit Plans | Post-Retirement Benefit Plans | |||||||||||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||||||||
| Change in fair value of plan assets: | |||||||||||||||||||||||||||||||||||
| Fair value of assets — beginning of year | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Actual return on plan assets | |||||||||||||||||||||||||||||||||||
| Employer contributions | |||||||||||||||||||||||||||||||||||
| Participant contributions | |||||||||||||||||||||||||||||||||||
| Benefits paid | ( | ( | ( | ( | ( | ( | |||||||||||||||||||||||||||||
| Settlement | ( | ( | ( | ( | |||||||||||||||||||||||||||||||
Transfers | ( | ||||||||||||||||||||||||||||||||||
| Currency impact | |||||||||||||||||||||||||||||||||||
| Fair value of assets — end of year | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Change in benefits obligation | |||||||||||||||||||||||||||||||||||
| Projected benefit obligation — beginning of year | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Service cost | |||||||||||||||||||||||||||||||||||
| Interest cost | |||||||||||||||||||||||||||||||||||
| Participant contributions | |||||||||||||||||||||||||||||||||||
Actuarial loss (gain) | ( | ( | ( | ||||||||||||||||||||||||||||||||
| Benefits paid | ( | ( | ( | ( | ( | ( | |||||||||||||||||||||||||||||
| Settlement | ( | ( | ( | ( | |||||||||||||||||||||||||||||||
| Currency impact | |||||||||||||||||||||||||||||||||||
| Projected benefit obligation — end of year | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Funded status at end of year | $ | $ | $ | ( | $ | ( | $ | $ | |||||||||||||||||||||||||||
| Accumulated benefit obligation | $ | $ | $ | $ | |||||||||||||||||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||||||||||||||||||||
| 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | ||||||||||||||||||||||||||||||
| U.S. Defined Benefit Plans | Non-U.S. Defined Benefit Plans | Post-Retirement Benefit Plans | |||||||||||||||||||||||||||||||||
| Discount rate | % | % | % | % | % | % | |||||||||||||||||||||||||||||
| Expected increase in compensation levels | % | % | % | % | % | % | |||||||||||||||||||||||||||||
Interest crediting rate | % | % | % | % | % | % | |||||||||||||||||||||||||||||
| As of October 31 | |||||||||||||||||||||||||||||||||||
| 2025 | 2024 | 2025 | 2024 | 2025 | 2024 | ||||||||||||||||||||||||||||||
| U.S. Defined Benefit Plans | Non-U.S. Defined Benefit Plans | Post-Retirement Benefit Plans | |||||||||||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||||||||
| Other non-current assets | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Other current liabilities | ( | ( | ( | ( | ( | ( | |||||||||||||||||||||||||||||
| Other non-current liabilities | ( | ( | ( | ( | ( | ( | |||||||||||||||||||||||||||||
| Funded status at end of year | $ | $ | $ | ( | $ | ( | $ | $ | |||||||||||||||||||||||||||
| As of October 31, 2025 | |||||||||||||||||
| U.S. Defined Benefit Plans | Non-U.S. Defined Benefit Plans | Post-Retirement Benefit Plans | |||||||||||||||
| In millions | |||||||||||||||||
| Net actuarial loss (gain) | $ | $ | $ | ( | |||||||||||||
| Prior service cost (credit) | ( | ||||||||||||||||
| Total recognized in Accumulated other comprehensive income (loss) | $ | $ | $ | ( | |||||||||||||
| As of October 31 | |||||||||||||||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||||||||||||||
| U.S. Defined Benefit Plans | Non-U.S. Defined Benefit Plans | ||||||||||||||||||||||
| In millions | |||||||||||||||||||||||
| Aggregate fair value of plan assets | $ | $ | $ | $ | |||||||||||||||||||
| Aggregate projected benefit obligation | $ | $ | $ | $ | |||||||||||||||||||
| As of October 31 | |||||||||||||||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||||||||||||||
| U.S. Defined Benefit Plans | Non-U.S. Defined Benefit Plans | ||||||||||||||||||||||
| In millions | |||||||||||||||||||||||
| Aggregate fair value of plan assets | $ | $ | $ | $ | |||||||||||||||||||
| Aggregate accumulated benefit obligation | $ | $ | $ | $ | |||||||||||||||||||
| As of October 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| U.S. Defined Benefit Plans | Non-U.S. Defined Benefit Plans | Post-Retirement Benefit Plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | Level 1 | Level 2 | Level 3 | Total | Level 1 | Level 2 | Level 3 | Total | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Asset category: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Equity securities(1) | $ | $ | $ | $ | $ | $ | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt securities(2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Corporate | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Government | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Real estate funds | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Insurance contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Common collective trusts and 103-12 Investment entities(3) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investment funds(4) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents(5) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Other(6) | ( | ( | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net plan assets subject to leveling at fair value | $ | ( | $ | $ | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investments using NAV as a practical expedient(7) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total plan assets | $ | $ | $ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| As of October 31, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| U.S. Defined Benefit Plans | Non-U.S. Defined Benefit Plans | Post-Retirement Benefit Plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | Level 1 | Level 2 | Level 3 | Total | Level 1 | Level 2 | Level 3 | Total | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Asset category: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Equity securities(1) | $ | $ | $ | $ | $ | $ | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt securities(2) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Corporate | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Government | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Real estate funds | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Insurance contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Common collective trusts and 103-12 Investment entities(3) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investment funds(4) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents(5) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Other(6) | ( | ( | ( | ( | ( | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net plan assets subject to leveling at fair value | $ | ( | $ | $ | $ | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investments using NAV as a practical expedient(7) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total plan assets | $ | $ | $ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2025 Target Allocation | ||||||||||||||||||||
| Asset Category | U.S. Defined Benefit Plans | Non-U.S. Defined Benefit Plans | Post-Retirement Benefit Plans | |||||||||||||||||
| Equity-related investments | % | % | % | |||||||||||||||||
| Debt securities | % | % | % | |||||||||||||||||
| Real estate | % | % | % | |||||||||||||||||
| Cash and cash equivalents | % | % | % | |||||||||||||||||
| Other | % | % | % | |||||||||||||||||
| Total | % | % | % | |||||||||||||||||
| Fiscal year | U.S. Defined Benefit Plans | Non-U.S. Defined Benefit Plans | Post-Retirement Benefit Plans | |||||||||||||||||
| In millions | ||||||||||||||||||||
| 2026 | $ | $ | $ | |||||||||||||||||
| 2027 | ||||||||||||||||||||
| 2028 | ||||||||||||||||||||
| 2029 | ||||||||||||||||||||
| 2030 | ||||||||||||||||||||
Next five fiscal years to October 31, 2035 | ||||||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
| Stock-based compensation expense | $ | $ | $ | ||||||||||||||
| Income tax benefit | ( | ( | ( | ||||||||||||||
| Stock-based compensation expense, net of tax | $ | $ | $ | ||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
Expected volatility(1) | % | % | % | ||||||||||||||
Risk-free interest rate(2) | % | % | % | ||||||||||||||
Expected performance period in years(3) | |||||||||||||||||
| As of October 31 | |||||||||||||||||||||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||||||||||||||||||||
| Shares | Weighted- Average Grant Date Fair Value Per Share | Shares | Weighted- Average Grant Date Fair Value Per Share | Shares | Weighted- Average Grant Date Fair Value Per Share | ||||||||||||||||||||||||||||||
| In thousands | In thousands | In thousands | |||||||||||||||||||||||||||||||||
| Outstanding at beginning of year | $ | $ | $ | ||||||||||||||||||||||||||||||||
Granted | $ | $ | $ | ||||||||||||||||||||||||||||||||
| Vested | ( | $ | ( | $ | ( | $ | |||||||||||||||||||||||||||||
| Forfeited | ( | $ | ( | $ | ( | $ | |||||||||||||||||||||||||||||
| Outstanding at end of year | $ | $ | $ | ||||||||||||||||||||||||||||||||
| As of October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In thousands | |||||||||||||||||
| Shares available for future grant | |||||||||||||||||
| Shares reserved for future issuance | |||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| h | 2025 | 2024 | 2023 | ||||||||||||||
| In millions | |||||||||||||||||
| U.S. | $ | $ | $ | ||||||||||||||
| Non-U.S. | |||||||||||||||||
| $ | $ | $ | |||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
| U.S. federal taxes: | |||||||||||||||||
| Current | $ | ( | $ | $ | |||||||||||||
| Deferred | ( | ( | |||||||||||||||
| Non-U.S. taxes: | |||||||||||||||||
| Current | |||||||||||||||||
| Deferred | ( | ( | |||||||||||||||
| State taxes: | |||||||||||||||||
| Current | ( | ||||||||||||||||
| Deferred | ( | ||||||||||||||||
| $ | $ | $ | ( | ||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| U.S. federal statutory income tax rate from continuing operations | % | % | % | ||||||||||||||
| State income taxes, net of federal tax benefit | % | % | % | ||||||||||||||
| Impact of foreign earnings including GILTI and FDII, net | ( | % | ( | % | ( | % | |||||||||||
| Research and development (“R&D”) credit | ( | % | ( | % | ( | % | |||||||||||
| Valuation allowances | ( | % | ( | % | ( | % | |||||||||||
| Uncertain tax positions and audit settlements | ( | % | % | % | |||||||||||||
Changes in tax laws or rates enacted | % | % | ( | % | |||||||||||||
| Impact of internal reorganization | % | % | ( | % | |||||||||||||
| Other, net | ( | % | % | % | |||||||||||||
| % | % | ( | % | ||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
| Balance at beginning of year | $ | $ | $ | ||||||||||||||
| Increases: | |||||||||||||||||
| For current year’s tax positions | |||||||||||||||||
| For prior years’ tax positions | |||||||||||||||||
| Decreases: | |||||||||||||||||
| For prior years’ tax positions | ( | ( | ( | ||||||||||||||
| Statute of limitations expirations | ( | ( | ( | ||||||||||||||
| Settlements with taxing authorities | ( | ( | ( | ||||||||||||||
| Balance at end of year | $ | $ | $ | ||||||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| Deferred tax assets: | |||||||||||
| Loss and credit carryforwards | $ | $ | |||||||||
| Intercompany transactions—excluding inventory | |||||||||||
| Fixed assets | |||||||||||
| Warranty | |||||||||||
| Employee and retiree benefits | |||||||||||
| Deferred revenue | |||||||||||
| Capitalized research and development | |||||||||||
| Operating lease liabilities | |||||||||||
| Investment in partnership | |||||||||||
| Other | |||||||||||
| Gross deferred tax assets | |||||||||||
| Valuation allowances | ( | ( | |||||||||
| Total deferred tax assets | |||||||||||
| Deferred tax liabilities: | |||||||||||
| Unremitted earnings of foreign subsidiaries | ( | ( | |||||||||
| Right-of-use assets from operating leases | ( | ( | |||||||||
| Intangible assets | ( | ( | |||||||||
| Cash flow hedges | ( | ( | |||||||||
| Total deferred tax liabilities | ( | ( | |||||||||
| Net deferred tax assets | $ | $ | |||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| Deferred tax assets | $ | $ | |||||||||
| Deferred tax liabilities | ( | ( | |||||||||
| Total | $ | $ | |||||||||
| Gross NOLs | Deferred Taxes on NOLs | Valuation allowance | Initial Year of Expiration | ||||||||||||||||||||
| In millions | |||||||||||||||||||||||
| Federal | $ | $ | $ | ( | 2026 | ||||||||||||||||||
| State | ( | 2026 | |||||||||||||||||||||
| Foreign | ( | 2028 | |||||||||||||||||||||
| Balance at end of year | $ | $ | $ | ( | |||||||||||||||||||
| Carryforward | Valuation Allowance | Initial Year of Expiration | |||||||||||||||
| In millions | |||||||||||||||||
| Tax credits in state and foreign jurisdictions | $ | $ | ( | 2026 | |||||||||||||
| U.S. R&D and other credits | 2045 | ||||||||||||||||
| Balance at end of year | $ | $ | ( | ||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
| Balance at beginning of year | $ | $ | $ | ||||||||||||||
| Income tax (benefit) expense | ( | ( | ( | ||||||||||||||
| Goodwill, other comprehensive loss (income), currency translation and charges to other accounts | ( | ||||||||||||||||
| Balance at end of year | $ | $ | $ | ||||||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| Cash and cash equivalents | $ | $ | |||||||||
Restricted cash(1) | |||||||||||
| $ | $ | ||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
| Balance at beginning of period | $ | $ | $ | ||||||||||||||
| Current-period allowance for credit losses | ( | ||||||||||||||||
| Deductions, net of recoveries | ( | ( | ( | ||||||||||||||
| Balance at end of period | $ | $ | $ | ||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
Balance at beginning of year(1) | $ | $ | $ | ||||||||||||||
| Trade receivables sold | |||||||||||||||||
| Cash receipts | ( | ( | ( | ||||||||||||||
| Foreign currency and other | |||||||||||||||||
Balance at end of year(1) | $ | $ | $ | ||||||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| Finished goods | $ | $ | |||||||||
| Purchased parts and fabricated assemblies | |||||||||||
| $ | $ | ||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
Supplier and other receivables | $ | $ | |||||||||
Prepaid and other current assets | |||||||||||
| Value-added taxes receivable | |||||||||||
| $ | $ | ||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| Land, buildings and leasehold improvements | $ | $ | |||||||||
| Machinery and equipment, including equipment held for lease | |||||||||||
| Accumulated depreciation | ( | ( | |||||||||
| $ | $ | ||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
Deferred tax assets | $ | $ | |||||||||
Intangible assets | |||||||||||
Prepaid pension and post-retirement benefit assets | |||||||||||
Deposits and prepaid | |||||||||||
| Other | |||||||||||
| $ | $ | ||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| Sales and marketing programs | $ | $ | |||||||||
| Deferred revenue | |||||||||||
Other accrued taxes | |||||||||||
Employee compensation and benefit | |||||||||||
| Warranty | |||||||||||
| Tax liability | |||||||||||
| Other | |||||||||||
| $ | $ | ||||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| Deferred revenue | $ | $ | |||||||||
| Tax liability | |||||||||||
Pension, post-retirement, and post-employment liabilities | |||||||||||
| Deferred tax liability | |||||||||||
| Other | |||||||||||
| $ | $ | ||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
| Interest expense on borrowings | $ | ( | $ | ( | $ | ( | |||||||||||
Factoring costs | ( | ( | ( | ||||||||||||||
Certain litigation benefits | |||||||||||||||||
Net (loss) gain on debt extinguishment | ( | ||||||||||||||||
| Non-operating retirement-related credits | |||||||||||||||||
| Other, net | ( | ||||||||||||||||
| $ | ( | $ | ( | $ | ( | ||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
| Americas | $ | $ | $ | ||||||||||||||
| Europe, Middle East and Africa | |||||||||||||||||
| Asia-Pacific and Japan | |||||||||||||||||
| Total net revenue | $ | $ | $ | ||||||||||||||
| 2025 | |||||
| In millions | |||||
Confirmed obligations outstanding at the beginning of the year | $ | ||||
Invoices confirmed during the year | |||||
Confirmed invoices paid during the year | ( | ||||
Foreign currency translation | |||||
Confirmed obligations outstanding at the end of the year | $ | ||||
| Personal Systems | Printing | Corporate Investments | Total | ||||||||||||||||||||
| In millions | |||||||||||||||||||||||
Balance as of October 31, 2023(1) | $ | $ | $ | $ | |||||||||||||||||||
Acquisitions | |||||||||||||||||||||||
Foreign currency translation and other | |||||||||||||||||||||||
Balance as of October 31, 2024(1) | |||||||||||||||||||||||
Acquisitions | |||||||||||||||||||||||
Foreign currency translation and other | ( | ||||||||||||||||||||||
Balance as of October 31, 2025(1) | $ | $ | $ | $ | |||||||||||||||||||
| As of October 31, 2025 | As of October 31, 2024 | ||||||||||||||||||||||||||||||||||
Gross(1) | Accumulated Amortization(1) | Net | Gross(1) | Accumulated Amortization(1) | Net | ||||||||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||||||||
| Customer contracts, customer lists and distribution agreements | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Technology and patents | |||||||||||||||||||||||||||||||||||
| Trade name and trademarks | |||||||||||||||||||||||||||||||||||
| Total intangible assets | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||
| Fiscal year | In millions | ||||
| 2026 | $ | ||||
| 2027 | |||||
| 2028 | |||||
| 2029 | |||||
| 2030 | |||||
| Thereafter | |||||
| Total | $ | ||||
| As of October 31, 2025 | As of October 31, 2024 | ||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Measured Using | Fair Value Measured Using | ||||||||||||||||||||||||||||||||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | Level 1 | Level 2 | Level 3 | Total | ||||||||||||||||||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||||||||||||||||||||
| Assets: | |||||||||||||||||||||||||||||||||||||||||||||||
| Cash Equivalents | |||||||||||||||||||||||||||||||||||||||||||||||
Government debt(1) | $ | $ | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||
| Available-for-Sale Investments | |||||||||||||||||||||||||||||||||||||||||||||||
| Financial institution instruments | |||||||||||||||||||||||||||||||||||||||||||||||
Marketable securities and mutual funds(2) | |||||||||||||||||||||||||||||||||||||||||||||||
| Derivative Instruments | |||||||||||||||||||||||||||||||||||||||||||||||
| Interest rate contracts | |||||||||||||||||||||||||||||||||||||||||||||||
| Foreign currency contracts | |||||||||||||||||||||||||||||||||||||||||||||||
| Other derivatives | |||||||||||||||||||||||||||||||||||||||||||||||
| Total assets | $ | $ | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||
| Liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||
| Derivative Instruments | |||||||||||||||||||||||||||||||||||||||||||||||
| Interest rate contracts | $ | $ | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||
| Foreign currency contracts | |||||||||||||||||||||||||||||||||||||||||||||||
| Other derivatives | |||||||||||||||||||||||||||||||||||||||||||||||
| Total liabilities | $ | $ | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||
| As of October 31, 2025 | As of October 31, 2024 | ||||||||||||||||||||||||||||||||||||||||||||||
| Cost | Gross Unrealized Gain | Gross Unrealized Loss | Fair Value | Cost | Gross Unrealized Gain | Gross Unrealized Loss | Fair Value | ||||||||||||||||||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||||||||||||||||||||
| Cash Equivalents: | |||||||||||||||||||||||||||||||||||||||||||||||
Government debt(1) | $ | ||||||||||||||||||||||||||||||||||||||||||||||
| Total cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||
| Available-for-Sale Investments: | |||||||||||||||||||||||||||||||||||||||||||||||
| Financial institution instruments | |||||||||||||||||||||||||||||||||||||||||||||||
Marketable securities and mutual funds(2) | |||||||||||||||||||||||||||||||||||||||||||||||
| Total available-for-sale investments | |||||||||||||||||||||||||||||||||||||||||||||||
| Total cash equivalents and available-for-sale investments | $ | $ | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||
| As of October 31, 2025 | |||||||||||
| Amortized Cost | Fair Value | ||||||||||
| In millions | |||||||||||
Due in less than one year | $ | $ | |||||||||
| Due in one to five years | |||||||||||
| $ | $ | ||||||||||
| As of October 31, 2025 | As of October 31, 2024 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Outstanding Gross Notional | Outstanding Gross Notional | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Derivatives designated as hedging instruments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair value hedges: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest rate contracts | $ | $ | $ | $ | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||||||||||||
| Cash flow hedges: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Foreign currency contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest rate contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total derivatives designated as hedging instruments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Derivatives not designated as hedging instruments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Foreign currency contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other derivatives | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total derivatives not designated as hedging instruments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total derivatives | $ | $ | $ | $ | $ | $ | $ | $ | $ | $ | |||||||||||||||||||||||||||||||||||||||||||||||||
| In the Consolidated Balance Sheets | |||||||||||||||||||||||||||||||||||||||||
| (i) | (ii) | (iii) = (i)–(ii) | (iv) | (v) | (vi) = (iii)–(iv)–(v) | ||||||||||||||||||||||||||||||||||||
| Gross Amount Recognized | Gross Amount Offset | Net Amount Presented | Gross Amounts Not Offset | ||||||||||||||||||||||||||||||||||||||
| Derivatives | Financial Collateral | Net Amount | |||||||||||||||||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||||||||||||||
| As of October 31, 2025 | |||||||||||||||||||||||||||||||||||||||||
| Derivative assets | $ | $ | $ | $ | $ | (1) | $ | ||||||||||||||||||||||||||||||||||
| Derivative liabilities | $ | $ | $ | $ | $ | (2) | $ | ( | |||||||||||||||||||||||||||||||||
| As of October 31, 2024 | |||||||||||||||||||||||||||||||||||||||||
| Derivative assets | $ | $ | $ | $ | $ | (1) | $ | ||||||||||||||||||||||||||||||||||
| Derivative liabilities | $ | $ | $ | $ | $ | (2) | $ | ||||||||||||||||||||||||||||||||||
| Derivative Instrument | Hedged Item | Location | For the fiscal years ended October 31 | Gain/(loss) recognized in earnings on derivative instruments | Gain/(loss) recognized in earnings on hedged item | |||||||||||||||||||||||||||
| In millions | ||||||||||||||||||||||||||||||||
| Interest rate contracts | Fixed-rate debt | Interest and other, net | 2025 | $ | $ | ( | ||||||||||||||||||||||||||
| 2024 | $ | $ | ( | |||||||||||||||||||||||||||||
| 2023 | $ | $ | ( | |||||||||||||||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
| Gain/(loss) recognized in Accumulated other comprehensive income (loss) on derivatives: | |||||||||||||||||
| Foreign currency contracts | $ | ( | $ | $ | ( | ||||||||||||
| Interest rate contracts | $ | $ | $ | ||||||||||||||
| Gain/ (loss) reclassified from Accumulated other comprehensive loss into earnings | ||||||||||||||||||||
| For the fiscal years ended October 31 | ||||||||||||||||||||
| 2025 | 2024 | 2023 | ||||||||||||||||||
| In millions | ||||||||||||||||||||
Products net revenue | $ | ( | $ | $ | ||||||||||||||||
Cost of products net revenue | ( | ( | ( | |||||||||||||||||
| Operating expenses | ( | ( | ||||||||||||||||||
| Interest and other, net | ||||||||||||||||||||
Total | $ | ( | $ | $ | ||||||||||||||||
| Gain/(loss) recognized in earnings on derivative instrument | |||||||||||||||||||||||
| Location | 2025 | 2024 | 2023 | ||||||||||||||||||||
| In millions | |||||||||||||||||||||||
| Foreign currency contracts | Interest and other, net | $ | ( | $ | $ | ( | |||||||||||||||||
| Other derivatives | Interest and other, net | ( | |||||||||||||||||||||
| Total | $ | ( | $ | $ | ( | ||||||||||||||||||
| As of October 31 | |||||||||||||||||||||||
| 2025 | 2024 | ||||||||||||||||||||||
| Amount Outstanding | Weighted-Average Interest Rate | Amount Outstanding | Weighted-Average Interest Rate | ||||||||||||||||||||
| In millions | |||||||||||||||||||||||
| Current portion of long-term debt | $ | % | $ | % | |||||||||||||||||||
Notes payable to banks and other | % | % | |||||||||||||||||||||
Total notes payable and short-term borrowings | $ | $ | |||||||||||||||||||||
| As of October 31 | ||||||||||||||||||||||||||||||||
| 2025 | 2024 | |||||||||||||||||||||||||||||||
| In millions | ||||||||||||||||||||||||||||||||
U.S. Dollar Global Notes(1) | Maturity Date | Issue Price | Stated Interest Rate | |||||||||||||||||||||||||||||
$ | June 2025 | % | % | $ | $ | |||||||||||||||||||||||||||
$ | June 2026 | % | % | |||||||||||||||||||||||||||||
$ | June 2027 | % | % | |||||||||||||||||||||||||||||
$ | January 2028 | % | % | |||||||||||||||||||||||||||||
$ | April 2029 | % | % | |||||||||||||||||||||||||||||
$ | April 2030 | % | % | |||||||||||||||||||||||||||||
$ | June 2030 | % | % | |||||||||||||||||||||||||||||
$ | June 2031 | % | % | |||||||||||||||||||||||||||||
$ | April 2032 | % | % | |||||||||||||||||||||||||||||
$ | January 2033 | % | % | |||||||||||||||||||||||||||||
$ | April 2035 | % | % | |||||||||||||||||||||||||||||
$ | September 2041 | % | % | |||||||||||||||||||||||||||||
$ | March 2029 | % | % | |||||||||||||||||||||||||||||
Other borrowings at | ||||||||||||||||||||||||||||||||
| Fair value adjustment related to hedged debt | ( | ( | ||||||||||||||||||||||||||||||
| Unamortized debt issuance cost | ( | ( | ||||||||||||||||||||||||||||||
| Current portion of long-term debt | ( | ( | ||||||||||||||||||||||||||||||
| Total long-term debt | $ | $ | ||||||||||||||||||||||||||||||
| Fiscal year | In millions | ||||
| 2026 | $ | ||||
| 2027 | |||||
| 2028 | |||||
| 2029 | |||||
| 2030 | |||||
| Thereafter | |||||
| Total | $ | ||||
| For the years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions | |||||||||||||||||
Other comprehensive loss, net of taxes: | |||||||||||||||||
| Unrealized components of available-for-sale debt securities | |||||||||||||||||
| Balance at the beginning of period | $ | $ | $ | ||||||||||||||
| Unrealized gains arising during the period | |||||||||||||||||
| Tax effects on change in unrealized components of available-for-sale securities | ( | ( | ( | ||||||||||||||
| Unrealized components of available-for-sale debt securities, net of taxes | |||||||||||||||||
| Balance at the end of period | $ | $ | $ | ||||||||||||||
| Unrealized components of cash flow hedges | |||||||||||||||||
| Balance at the beginning of period | $ | $ | $ | ||||||||||||||
Unrealized (losses) gains arising during the period | ( | ( | |||||||||||||||
Losses (gains) reclassified into earnings | ( | ( | |||||||||||||||
| Tax effects on change in unrealized components of cash flow hedges | |||||||||||||||||
| Unrealized components of cash flow hedges, net of taxes | ( | ( | ( | ||||||||||||||
| Balance at the end of period | $ | ( | $ | $ | |||||||||||||
| Unrealized components of defined benefit plans | |||||||||||||||||
| Balance at the beginning of period | $ | ( | $ | ( | $ | ( | |||||||||||
Unrealized gains (losses) arising during the period | ( | ( | |||||||||||||||
Amortization of actuarial loss and prior service benefit | |||||||||||||||||
| Curtailments, settlements and other | |||||||||||||||||
| Tax effects on change in unrealized components of defined benefit plans | ( | ||||||||||||||||
| Unrealized components of defined benefit plans, net of taxes | ( | ( | |||||||||||||||
| Balance at the end of period | $ | ( | $ | ( | $ | ( | |||||||||||
| Cumulative translation adjustment | |||||||||||||||||
| Balance at the beginning of period | $ | $ | ( | $ | ( | ||||||||||||
| Change in cumulative translation adjustment | |||||||||||||||||
| Tax effect on change in cumulative translation adjustment | ( | ||||||||||||||||
| Cumulative translation adjustment, net of taxes | |||||||||||||||||
| Balance at the end of period | $ | $ | $ | ( | |||||||||||||
Other comprehensive loss | $ | ( | $ | ( | $ | ( | |||||||||||
| Accumulated other comprehensive loss | $ | ( | $ | ( | $ | ( | |||||||||||
| For the fiscal years ended October 31 | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| In millions, except per share amounts | |||||||||||||||||
| Numerator: | |||||||||||||||||
| Net earnings | $ | $ | $ | ||||||||||||||
| Denominator: | |||||||||||||||||
| Weighted-average shares used to compute basic net EPS | |||||||||||||||||
| Dilutive effect of employee stock plans | |||||||||||||||||
| Weighted-average shares used to compute diluted net EPS | |||||||||||||||||
| Net earnings per share: | |||||||||||||||||
| Basic | $ | $ | $ | ||||||||||||||
| Diluted | $ | $ | $ | ||||||||||||||
Anti-dilutive weighted-average stock-based compensation awards(1) | |||||||||||||||||
| For the fiscal years ended October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| Balance at beginning of year | $ | $ | |||||||||
| Accruals for warranties issued | |||||||||||
| Adjustments related to pre-existing warranties (including changes in estimates) | ( | ||||||||||
Settlements made | ( | ( | |||||||||
| Balance at end of year | $ | $ | |||||||||
| Fiscal year | In millions | |||||||
| 2026 | $ | |||||||
| 2027 | ||||||||
| 2028 | ||||||||
| 2029 | ||||||||
| 2030 | ||||||||
| Thereafter | ||||||||
| Total | $ | |||||||
| For the fiscal years ended October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| Operating lease cost | $ | $ | |||||||||
| Variable cost | |||||||||||
| Total lease expense | $ | $ | |||||||||
| For the fiscal years ended October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| In millions | |||||||||||
| Cash paid for amount included in the measurement of lease liabilities | $ | $ | |||||||||
Right-of-use assets obtained in exchange of lease liabilities(1) | $ | $ | |||||||||
| As of October 31 | |||||||||||
| 2025 | 2024 | ||||||||||
| Weighted-average remaining lease term in years | |||||||||||
| Weighted-average discount rate | % | % | |||||||||
| Fiscal year | In millions | |||||||
| 2026 | $ | |||||||
| 2027 | ||||||||
| 2028 | ||||||||
| 2029 | ||||||||
| 2030 | ||||||||
| Thereafter | ||||||||
| Total lease payments | ||||||||
| Less: Imputed interest | ||||||||
| Total lease liabilities | $ | |||||||
| Exhibit Number | Incorporated by Reference | |||||||||||||||||||||||||||||||
| Exhibit Description | Form | File No. | Exhibit(s) | Filing Date | ||||||||||||||||||||||||||||
| 2(a) | 8-K | 001-04423 | 2.1 | November 5, 2015 | ||||||||||||||||||||||||||||
| 3(a) | 8-K | 001-04423 | 3.2 | April 25, 2024 | ||||||||||||||||||||||||||||
| 3(b) | 8-K | 001-04423 | 3.1 | June 25, 2025 | ||||||||||||||||||||||||||||
| 3(c) | ||||||||||||||||||||||||||||||||
| 3(d) | ||||||||||||||||||||||||||||||||
| 4(a) | S-3 | 333-134327 | 4.9 | June 7, 2006 | ||||||||||||||||||||||||||||
| 4(b) | Form of Registrant’s 6.000% Global Note due September 15, 2041 and form of related Officers’ Certificate. | 8-K | 001-04423 | September 19, 2011 | ||||||||||||||||||||||||||||
| 4(c) | 8-A/A | 001-04423 | 4.1 | June 23, 2006 | ||||||||||||||||||||||||||||
| 4(d) | 10-K | 001-04423 | 4(h) | December 18, 2023 | ||||||||||||||||||||||||||||
| 4(e) | 8-K | 001-04423 | 4.1 | June 17, 2020 | ||||||||||||||||||||||||||||
| 4(f) | Form of 3.000% notes due 2027 and related Officers’ Certificate. | 8-K | 001-04423 | June 17, 2020 | ||||||||||||||||||||||||||||
| 4(g) | Form of 3.400% notes due 2030 and related Officers’ Certificate. | 8-K | 001-04423 | June 17, 2020 | ||||||||||||||||||||||||||||
| 4(h) | 8-K | 001-04423 | 4.2 | June 21, 2021 | ||||||||||||||||||||||||||||
| 4(i) | ||||||||||||||||||||||||||||||||
| 4(j) | Form of 4.000% notes due 2029 and related Officers’ Certificate. | 8-K | 001-04423 | March 31, 2022 | ||||||||||||||||||||||||||||
| 4(k) | Form of 4.200% notes due 2032 and related Officers’ Certificate. | 8-K | 001-04423 | March 31, 2022 | ||||||||||||||||||||||||||||
| 4(l) | Form of 4.750% notes due 2028 and related Officers’ Certificate. | 8-K | 001-04423 | June 21, 2022 | ||||||||||||||||||||||||||||
| 4(m) | Form of 5.500% notes due 2033 and related Officers’ Certificate. | 8-K | 001-04423 | June 21, 2022 | ||||||||||||||||||||||||||||
| 4(n) | 8-K | 001-04423 | 4.2 | September 7, 2022 | ||||||||||||||||||||||||||||
| 4(o) | ||||||||||||||||||||||||||||||||
| 4(p) | 8-K | 001-04423 | 4.1 | April 16, 2025 | ||||||||||||||||||||||||||||
| Exhibit Number | Incorporated by Reference | |||||||||||||||||||||||||||||||
| Exhibit Description | Form | File No. | Exhibit(s) | Filing Date | ||||||||||||||||||||||||||||
| 4(q) | Form of 5.400% notes due 2030 and related Officers’ Certificate. | 8-K | 001-04423 | April 25, 2025 | ||||||||||||||||||||||||||||
| 4(r) | Form of 6.100% notes due 2035 and related Officers’ Certificate. | 8-K | 001-04423 | April 25, 2025 | ||||||||||||||||||||||||||||
| 10(a) | 8-K | 001-04423 | 10.2 | September 21, 2006 | ||||||||||||||||||||||||||||
| 10(b) | 8-K | 001-04423 | 99.3 | November 23, 2005 | ||||||||||||||||||||||||||||
| 10(c) | 10-Q | 001-04423 | 10(b)(b)(b) | March 10, 2009 | ||||||||||||||||||||||||||||
| 10(d) | 8-K | 001-04423 | 10.2 | March 21, 2013 | ||||||||||||||||||||||||||||
| 10(e) | 10-K | 001-04423 | 10(g)(g)(g) | December 16, 2015 | ||||||||||||||||||||||||||||
| 10(f) | 10-Q | 001-04423 | 10(r)(r) | March 3, 2016 | ||||||||||||||||||||||||||||
| 10(g) | 10-K/A | 001-04423 | 10(n)(n) | December 15, 2017 | ||||||||||||||||||||||||||||
| 10(h) | 10-Q | 001-04423 | 10(p)(p) | March 5, 2020 | ||||||||||||||||||||||||||||
| 10(i) | 10-Q | 001-04423 | 10(w)(w) | March 2, 2017 | ||||||||||||||||||||||||||||
| 10(j) | 10-Q | 001-04423 | 10(x)(x) | March 2, 2017 | ||||||||||||||||||||||||||||
10(k) | 10-Q | 001-04423 | 10(e)(e)(e) | March 1, 2018 | ||||||||||||||||||||||||||||
10(l) | 10-Q | 001-04423 | 10(f)(f)(f) | March 1, 2018 | ||||||||||||||||||||||||||||
10(m) | 10-K | 001-04423 | 10(g)(g)(g) | December 13, 2018 | ||||||||||||||||||||||||||||
10(n) | 10-Q | 001-04423 | 10(k)(k)(k) | March 5, 2019 | ||||||||||||||||||||||||||||
10(o) | 10-K | 001-04423 | 10(m)(m)(m) | December 12, 2019 | ||||||||||||||||||||||||||||
10(p) | 10-K | 001-04423 | 10(n)(n)(n) | December 12, 2019 | ||||||||||||||||||||||||||||
10(q) | 10-Q | 001-04423 | 10(n)(n)(n) | March 5, 2020 | ||||||||||||||||||||||||||||
10(r) | 10-Q | 001-04423 | 10(r)(r)(r) | June 5, 2020 | ||||||||||||||||||||||||||||
10(s) | 10-Q | 001-04423 | 10(s)(s)(s) | June 5, 2020 | ||||||||||||||||||||||||||||
10(t) | 10-K | 001-04423 | 10(x)(x)(x) | December 10, 2020 | ||||||||||||||||||||||||||||
| Exhibit Number | Incorporated by Reference | |||||||||||||||||||||||||||||||
| Exhibit Description | Form | File No. | Exhibit(s) | Filing Date | ||||||||||||||||||||||||||||
10(u) | 10-K | 001-04423 | 10(y)(y)(y) | December 10, 2020 | ||||||||||||||||||||||||||||
10(v) | 10-Q | 001-04423 | 10(x)(x)(x) | March 5, 2021 | ||||||||||||||||||||||||||||
10(w) | 10-Q | 001-04423 | 10(y)(y)(y) | March 5, 2021 | ||||||||||||||||||||||||||||
10(x) | 10-Q | 001-04423 | 10(c)(c)(c)(c) | March 5, 2021 | ||||||||||||||||||||||||||||
10(y) | 10-Q | 001-04423 | 10(d)(d)(d)(d) | March 5, 2021 | ||||||||||||||||||||||||||||
10(z) | 10-Q | 001-04423 | 10(e)(e)(e)(e) | March 5, 2021 | ||||||||||||||||||||||||||||
10(a)(a) | 10-Q | 001-04423 | 10(f)(f)(f)(f) | March 5, 2021 | ||||||||||||||||||||||||||||
10(b)(b) | 10-Q | 001-04423 | 10(j)(j)(j) | September 3, 2021 | ||||||||||||||||||||||||||||
10(c)(c) | 10-Q | 001-04423 | 10(l)(l)(l) | March 7, 2022 | ||||||||||||||||||||||||||||
10(d)(d) | 10-Q | 001-04423 | 10(o)(o)(o) | March 7, 2022 | ||||||||||||||||||||||||||||
10(e)(e) | S-8 | 333-267151 | 4.4 | August 29, 2022 | ||||||||||||||||||||||||||||
10(f)(f) | S-8 | 333-267151 | 4.5 | August 29, 2022 | ||||||||||||||||||||||||||||
10(g)(g) | 10-K | 001-04423 | 10(t)(t)(t) | December 6, 2022 | ||||||||||||||||||||||||||||
10(h)(h) | 10-Q | 001-04423 | 10(u)(u)(u) | March 1, 2023 | ||||||||||||||||||||||||||||
10(i)(i) | 10-Q | 001-04423 | 10(v)(v)(v) | March 1, 2023 | ||||||||||||||||||||||||||||
10(j)(j) | 10-Q | 001-04423 | 10(w)(w)(w) | March 1, 2023 | ||||||||||||||||||||||||||||
10(k)(k) | 10-Q | 001-04423 | 10(z)(z)(z) | March 1, 2023 | ||||||||||||||||||||||||||||
10(l)(l) | 10-Q | 001-04423 | 10(a)(a)(a)(a) | March 1, 2023 | ||||||||||||||||||||||||||||
10(m)(m) | 10-Q | 001-04423 | 10(b)(b)(b)(b) | March 1, 2023 | ||||||||||||||||||||||||||||
10(n)(n) | 10-Q | 001-04423 | 10(c)(c)(c)(c) | March 1, 2023 | ||||||||||||||||||||||||||||
10(o)(o) | 10-Q | 001-04423 | 10(d)(d)(d)(d) | May 31, 2023 | ||||||||||||||||||||||||||||
| Exhibit Number | Incorporated by Reference | |||||||||||||||||||||||||||||||
| Exhibit Description | Form | File No. | Exhibit(s) | Filing Date | ||||||||||||||||||||||||||||
10(p)(p) | 10-Q | 001-04423 | 10(e)(e)(e)(e) | May 31, 2023 | ||||||||||||||||||||||||||||
10(q)(q) | 10-Q | 001-04423 | 10(f)(f)(f)(f) | February 28, 2024 | ||||||||||||||||||||||||||||
10(r)(r) | 10-Q | 001-04423 | 10(g)(g)(g)(g) | February 28, 2024 | ||||||||||||||||||||||||||||
10(s)(s) | 10-Q | 001-04423 | 10(j)(j)(j)(j) | February 28, 2024 | ||||||||||||||||||||||||||||
10(t)(t) | 10-Q | 001-04423 | 10(k)(k)(k)(k) | February 28, 2024 | ||||||||||||||||||||||||||||
10(u)(u) | 10-Q | 001-04423 | 10(l)(l)(l)(l) | February 28, 2024 | ||||||||||||||||||||||||||||
10(v)(v) | 8-K | 001-04423 | 10.1 | April 25, 2024 | ||||||||||||||||||||||||||||
10(w)(w) | 8-K | 001-04423 | 10.1 | August 6, 2024 | ||||||||||||||||||||||||||||
10(x)(x) | 10-K | 001-4423 | 10(h)(h)(h) | December 13, 2024 | ||||||||||||||||||||||||||||
10(y)(y) | 10-Q | 001-04423 | 10(a) | February 28, 2025 | ||||||||||||||||||||||||||||
10(z)(z) | ||||||||||||||||||||||||||||||||
10(a)(a)(a) | ||||||||||||||||||||||||||||||||
10(b)(b)(b) | ||||||||||||||||||||||||||||||||
| 19 | 10-K | 001-4423 | 19 | December 13, 2024 | ||||||||||||||||||||||||||||
| 21 | ||||||||||||||||||||||||||||||||
| 23 | ||||||||||||||||||||||||||||||||
| 24 | Power of Attorney (included on the signature page) | |||||||||||||||||||||||||||||||
| 31.1 | ||||||||||||||||||||||||||||||||
| 31.2 | ||||||||||||||||||||||||||||||||
| 32 | ||||||||||||||||||||||||||||||||
| 97 | 10-K | 001-04423 | 97 | December 18, 2023 | ||||||||||||||||||||||||||||
| Exhibit Number | Incorporated by Reference | |||||||||||||||||||||||||||||||
| Exhibit Description | Form | File No. | Exhibit(s) | Filing Date | ||||||||||||||||||||||||||||
| 101.INS | XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.† | |||||||||||||||||||||||||||||||
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document.† | |||||||||||||||||||||||||||||||
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document.† | |||||||||||||||||||||||||||||||
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document.† | |||||||||||||||||||||||||||||||
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document.† | |||||||||||||||||||||||||||||||
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document.† | |||||||||||||||||||||||||||||||
| 104 | The cover page from the Company’s Annual Report on Form 10-K for the fiscal year ended October 31, 2025, formatted in Inline XBRL (included within the Exhibit 101 attachments).† | |||||||||||||||||||||||||||||||
| Date: December 10, 2025 | HP INC. | |||||||
| By: | /s/ KAREN L. PARKHILL | |||||||
Karen L. Parkhill Chief Financial Officer | ||||||||
| Signature | Title(s) | Date | ||||||||||||
| /s/ ENRIQUE LORES | President and Chief Executive Officer and Director (Principal Executive Officer) | December 10, 2025 | ||||||||||||
| Enrique Lores | ||||||||||||||
/s/ KAREN L. PARKHILL | Chief Financial Officer (Principal Financial Officer) | December 10, 2025 | ||||||||||||
Karen L. Parkhill | ||||||||||||||
/s/ MANPREET GREWAL | Global Controller (Principal Accounting Officer) | December 10, 2025 | ||||||||||||
Manpreet Grewal | ||||||||||||||
| /s/ CHARLES V. BERGH | Director | December 10, 2025 | ||||||||||||
| Charles V. Bergh | ||||||||||||||
| /s/ BRUCE BROUSSARD | Director | December 10, 2025 | ||||||||||||
| Bruce Broussard | ||||||||||||||
| /s/ STACY BROWN-PHILPOT | Director | December 10, 2025 | ||||||||||||
| Stacy Brown-Philpot | ||||||||||||||
| /s/ STEPHANIE BURNS | Director | December 10, 2025 | ||||||||||||
| Stephanie Burns | ||||||||||||||
| /s/ MARY ANNE CITRINO | Director | December 10, 2025 | ||||||||||||
| Mary Anne Citrino | ||||||||||||||
| /s/ RICHARD L. CLEMMER | Director | December 10, 2025 | ||||||||||||
| Richard L. Clemmer | ||||||||||||||
/s/ MA. FATIMA DE VERA FRANCISCO | Director | December 10, 2025 | ||||||||||||
Ma. Fatima de Vera Francisco | ||||||||||||||
| /s/ DAVID MELINE | Director | December 10, 2025 | ||||||||||||
| David Meline | ||||||||||||||
| /s/ JUDITH MISCIK | Director | December 10, 2025 | ||||||||||||
| Judith Miscik | ||||||||||||||
/s/GIANLUCA PETTITI | Director | December 10, 2025 | ||||||||||||
Gianluca Pettiti | ||||||||||||||
| /s/ KIM K.W. RUCKER | Director | December 10, 2025 | ||||||||||||
| Kim K.W. Rucker | ||||||||||||||
/s/ SONGYEE YOON | Director | December 10, 2025 | ||||||||||||
Songyee Yoon | ||||||||||||||
| Name: | fld_NAME_AC | Employee ID: | fld_EMPLID | ||||||||
Grant Date: | expGRANT_DATE | ||||
| Grant ID: | fld_GRANT_NBR | ||||
| Target Amount: | 0 | ||||
| Plan: | fld_DESCR | ||||
| Target Amount | 0 Shares | ||||
| Performance Period | 1 November 2024 – 31 October 2027 | ||||
| Year 1 EPS | 1 November 2024 – 31 October 2025 | ||||
| Year 2 EPS | 1 November 2025 – 31 October 2026 | ||||
| Year 3 EPS | 1 November 2026 – 31 October 2027 | ||||
| 3-year TSR | 1 November 2024 – 31 October 2027 | ||||
| KGA | Determined as of 31 October 2026 | ||||
Company’s Relative TSR Performance Rank | Payout Modifier or Adjustment | ||||
<25th percentile of the TSR Peer Group | -50% to the final 3-year average EPS performance | ||||
25th to 75th percentile of the TSR Peer Group | No adjustment to the final 3-year average EPS performance | ||||
>75th percentile of the TSR Peer Group | +50% to the final 3-year average EPS performance | ||||
1 | ||
2 | ||
3 | ||
4 | ||
5 | ||
6 | ||
7 | ||
| Name: | fld_NAME_AC | Employee ID: | fld_EMPLID | ||||||||
| Grant Date: | expGRANT_DATE | ||||
| Grant ID: | fld_GRANT_NBR | ||||
| Amount: | 0 | ||||
| Plan: | fld_DESCR | ||||
| Vesting Schedule: | fld_HTMLAREA1 | ||||
| Name | Jurisdiction | ||||
| HP Inc Argentina S.R.L. | Argentina | ||||
| Polycom Telecomunicacoes do Brasil Ltda. - Argentina Branch | Argentina | ||||
| HP PPS Australia Pty Ltd | Australia | ||||
| Polycom Australia Pty Ltd | Australia | ||||
| Tower Software Engineering Pty Ltd | Australia | ||||
| HP Austria GmbH | Austria | ||||
| HP Belgium BV | Belgium | ||||
| HP Onyx Holding L.P. | Bermuda | ||||
| HP Brasil Indústria e Comércio de Equipamentos Eletrônicos Ltda | Brazil | ||||
| HP Brasil Indústria e Comércio de Equipamentos Eletrônicos Ltda. - Branch 01 (Tamboré) | Brazil | ||||
| HP Brasil Indústria e Comércio de Equipamentos Eletrônicos Ltda. - Branch 2 (Sorocaba) | Brazil | ||||
| HP Brasil Indústria e Comércio de Equipamentos Eletrônicos Ltda. - Branch 3 (Porto Alegre) | Brazil | ||||
| HP Brasil Indústria e Comércio de Equipamentos Eletrônicos Ltda. - Branch 4 (Itapoá) | Brazil | ||||
| Polycom Telecomunicacoes do Brasil Ltda. | Brazil | ||||
| Simpress Comércio, Locação e Serviços Ltda | Brazil | ||||
| AOME Holdings Ltd. | British Virgin Islands | ||||
| HP Inc Bulgaria EOOD | Bulgaria | ||||
| HP Canada Co. HP Canada Cie | Canada | ||||
| HP Canada Development Co. | Canada | ||||
| HP Canada Licensing L.P. | Canada | ||||
| Plantronics Canada Inc. | Canada | ||||
| Compaq Cayman Holdings Company | Cayman Islands | ||||
| Compaq Cayman Holdings General Partnership II | Cayman Islands | ||||
| Hewlett-Packard West Indies Limited | Cayman Islands | ||||
| Plantronics International Ltd. | Cayman Islands | ||||
| Comercializadora Plantronics Chile Limitada | Chile | ||||
| HP Inc Chile Comercial Limitada | Chile | ||||
| China HP Co., Ltd Hangzhou Branch | China | ||||
| China HP Co., Ltd. | China | ||||
| China HP Co., Ltd. Chengdu Branch | China | ||||
| China HP Co., Ltd. Guangzhou Branch | China | ||||
| China HP Co., Ltd. Nanjing Branch | China | ||||
| China HP Co., Ltd. Shanghai Branch | China | ||||
| China HP Co., Ltd Suzhou Branch | China | ||||
| China HP Co., Ltd., Jiangan Branch | China | ||||
| China HP Co., Ltd Jinan Branch | China | ||||
| China HP Co., Ltd Shenyang Branch | China | ||||
| China HP Co., Ltd Shenzhen Branch | China | ||||
| China HP Co., Ltd Xian Branch | China | ||||
| HP (Chongqing) Co., Ltd | China | ||||
| Name | Jurisdiction | ||||
| HP (Chongqing) Manufacturing, Export, Procurement and Settlement Co., Ltd | China | ||||
| HP Information Technology R&D (Shanghai) Co., Ltd | China | ||||
| HP Information Technology R&D (Shanghai) Co., Ltd Beijing Branch | China | ||||
| HP Information Technology R&D (Shanghai) Co., Ltd. Suzhou Branch | China | ||||
| HP Supply Chain Management (Shandong) Co., Ltd. | China | ||||
| HP Trading (Shanghai) Co. Ltd. | China | ||||
| HP Trading (Shanghai) Co., Ltd. Dalian Branch | China | ||||
| HP Trading (Shanghai) Co., Ltd. Zhangjiang Branch | China | ||||
| HP Trading Kunshan Co., Ltd. | China | ||||
| Plantronics Trading (Suzhou) Co., Ltd | China | ||||
| Polycom Communication Solutions (Beijing) Co. Ltd. | China | ||||
| Polycom Communications Technology (Beijing) Co. Ltd. | China | ||||
| Shanghai Peridot Printing Co. Ltd. | China | ||||
| HP Colombia SAS | Colombia | ||||
| Plantronics BV Sucursal Colombia | Colombia | ||||
| HP Inc. Costa Rica Limitada | Costa Rica | ||||
| HP PPS Costa Rica Limitada | Costa Rica | ||||
| HP Computing and Printing d.o.o. za računalne i srodne aktivnosti | Croatia | ||||
| HP Inc Czech Republic s.r.o. | Czech Republic | ||||
| Compaq Information Technologies, LLC | Delaware, United States | ||||
| Hewlett-Packard Company Archives LLC (50% owned) | Delaware, United States | ||||
| Hewlett-Packard Enterprises, LLC | Delaware, United States | ||||
| Hewlett-Packard World Trade, LLC | Delaware, United States | ||||
| HP Health Solutions Inc. | Delaware, United States | ||||
Hip Hop Holdco LLC | Delaware, United States | ||||
| HP Hewlett Packard Group LLC (50% owned) | Delaware, United States | ||||
| HP Jade Holding LLC | Delaware, United States | ||||
| HP Licensing Holding LLC | Delaware, United States | ||||
| HP R&D Holding LLC | Delaware, United States | ||||
| HP Technology Holdings LLC | Delaware, United States | ||||
| HP US Digital LLC | Delaware, United States | ||||
| HP USA Manufacturing LLC | Delaware, United States | ||||
| HPI Bermuda Holdings LLC | Delaware, United States | ||||
| HPI Brazil Holdings LLC | Delaware, United States | ||||
| HPI Federal LLC | Delaware, United States | ||||
| HPI J1 Holdings LLC | Delaware, United States | ||||
| HPQ Holdings, LLC | Delaware, United States | ||||
| Indigo America, Inc. | Delaware, United States | ||||
| Jaguar Merger Corp. | Delaware, United States | ||||
| Peridot Print LLC | Delaware, United States | ||||
| PictureTel LLC | Delaware, United States | ||||
| Plantronics, Inc. | Delaware, United States | ||||
| Polycom International Corporation | Delaware, United States | ||||
| Polycom, LLC | Delaware, United States | ||||
| Name | Jurisdiction | ||||
| Vyopta Incorporated | Delaware, United States | ||||
| HP Inc Danmark ApS | Denmark | ||||
HP Egypt LLC | Egypt | ||||
| Apogee Corporation Limited | England & Wales | ||||
| Apogee Europe Limited | England & Wales | ||||
| Apogee Group Limited | England & Wales | ||||
| Apogee Managed Services International Limited | England & Wales | ||||
| Apogee Rentals Limited | England & Wales | ||||
| Balreed Digitec (Group) Limited | England & Wales | ||||
| Balreed Digitec (North) Limited | England & Wales | ||||
| Balreed Digitec (SE) Limited | England & Wales | ||||
| Balreed Digitec (UK) Limited | England & Wales | ||||
| Choose Water Limited | England & Wales | ||||
| City Docs Limited | England & Wales | ||||
| City Docs Solutions Limited | England & Wales | ||||
| Datatron Document Image Archiving Limited | England & Wales | ||||
| Direct-Tec Group Limited | England & Wales | ||||
| Direct-Tec UK Limited | England & Wales | ||||
| F. Smith & Co (Office Equipment) Limited | England & Wales | ||||
| HP Inc UK Limited | England & Wales | ||||
| HP UK Development Limited | England & Wales | ||||
| Manzana Bidco Limited | England & Wales | ||||
| Office Perfection Limited | England & Wales | ||||
| Perigee Holdco UK Limited | England & Wales | ||||
| Perigee Midco UK Limited | England & Wales | ||||
| Plantronics Limited | England & Wales | ||||
| The Danwood Group Limited | England & Wales | ||||
| Xact Document Solutions Limited | England & Wales | ||||
| Xera-Logic Group Limited | England & Wales | ||||
| HP Finland Oy | Finland | ||||
| Apogee France Holdings SAS | France | ||||
| Apogee France SAS | France | ||||
| Apogee International | France | ||||
| HP France Holding SAS | France | ||||
| HP France SAS | France | ||||
| Plantronics B.V., Succursale Francaise | France | ||||
| Polycom (France), S.A.R.L. | France | ||||
| Apogee Deutschland GmbH | Germany | ||||
| Apogee Germany Holding UG | Germany | ||||
| HP Deutschland GmbH | Germany | ||||
| HP Health Solutions Germany GmbH | Germany | ||||
| Plantronics Services GmbH | Germany | ||||
| HP Συστήματα Εκτύπωσης και Προσωπικών Υπολογιστών Ελλάς ΕΠΕ (HP Printing and Personal Systems Hellas EPE) | Greece | ||||
| HP Inc AP Hong Kong Limited | Hong Kong | ||||
| Name | Jurisdiction | ||||
| HP Inc Hong Kong Limited | Hong Kong | ||||
| Polycom Hong Kong Limited | Hong Kong | ||||
| HP Inc Magyarország Kft. | Hungary | ||||
| HP Computing and Printing Systems India Private Limited | India | ||||
| HP India Sales Private Limited | India | ||||
| HP PPS India Operations Private Limited | India | ||||
| HP PPS Services India Private Limited | India | ||||
| Polycom Technology (R&D) Center Private Ltd | India | ||||
| Plantronics BV - Indonesia Rep Office | Indonesia | ||||
| PT Hewlett-Packard Indonesia | Indonesia | ||||
| Apogee Corporation (Ireland) Limited | Ireland | ||||
| Hewlett-Packard Ireland (Holdings) Ltd. | Ireland | ||||
| Hewlett-Packard Ireland 1, Limited | Ireland | ||||
| HP Production Company Limited | Ireland | ||||
| HP Technology Ireland Limited | Ireland | ||||
| Poly Communications International Unlimited Company | Ireland | ||||
| Argon Business Systems Limited | Isle of Man | ||||
| Argon Office Systems Limited | Isle of Man | ||||
| HP Indigo Ltd | Israel | ||||
| HP Israel Ltd | Israel | ||||
| HP Scitex Ltd | Israel | ||||
| HP Technology Israel Ltd | Israel | ||||
| Polycom Israel Ltd | Israel | ||||
| HP Italy S.r.l. | Italy | ||||
| Polycom (Italy) S.r.l | Italy | ||||
| HP Japan Inc. | Japan | ||||
| Nihon HP Nin-I Kumiai | Japan | ||||
| Albacore Holdings Jersey Ltd | Jersey | ||||
| Apogee Corporation (Jersey) Limited | Jersey | ||||
| Manzana Holdings Limited | Jersey | ||||
| HP Global Trading B.V., Kazakhstan Branch | Kazakhstan | ||||
| HP Korea Inc. | Korea (the Republic of) | ||||
| HP Printing Korea Co., Ltd. | Korea (the Republic of) | ||||
| HP Luxembourg S.C.A. | Luxembourg | ||||
| HP Malaysia Manufacturing Sdn. Bhd. | Malaysia | ||||
| HP PPS Malaysia Sdn. Bhd. | Malaysia | ||||
| HP PPS Sales Sdn. Bhd. | Malaysia | ||||
| Polycom Asia Pacific Pte. Ltd - Malaysia Branch | Malaysia | ||||
| Plantronics Europe Limited | Malta | ||||
| CyberCore Technologies, LLC | Maryland, United States | ||||
| Computing and Printing Global Services Mexico, S. de R.L. de C.V. | Mexico | ||||
| Computing and Printing Mexico, S. de R.L. de C.V. | Mexico | ||||
| Plamex, S.A. de C.V. | Mexico | ||||
Poly-com, S. de R.L. de C.V. | Mexico | ||||
| Name | Jurisdiction | ||||
| HP PPS Maroc | Morocco | ||||
| Alpha Holding One B.V. | Netherlands | ||||
| Alpha Holding Two B.V. | Netherlands | ||||
| Anatolus Holding B.V. | Netherlands | ||||
| Arnon Holding B.V. | Netherlands | ||||
| Bamberga Holding B.V. | Netherlands | ||||
| Eunomia Holding B.V. | Netherlands | ||||
| Flame Holding B.V. | Netherlands | ||||
| Hewlett-Packard (Japan NK) Holdings C.V. | Netherlands | ||||
| Hewlett-Packard Copenhagen B.V. | Netherlands | ||||
| Hewlett-Packard Global Holdings B.V. | Netherlands | ||||
| Hewlett-Packard Global Investments B.V. | Netherlands | ||||
| Hewlett-Packard Japan Holding B.V. | Netherlands | ||||
| Hewlett-Packard Sunnyvale B.V. | Netherlands | ||||
| HP China Holding B.V. | Netherlands | ||||
| HP Europe B.V. | Netherlands | ||||
| HP Global Trading B.V. | Netherlands | ||||
| HP Health Holding B.V. | Netherlands | ||||
| HP Indigo B.V. | Netherlands | ||||
| HP International Trading B.V. | Netherlands | ||||
| HP Nederland B.V. | Netherlands | ||||
| Kale Holding B.V. | Netherlands | ||||
| Lyra Holding B.V. | Netherlands | ||||
| Perseus Holding B.V. | Netherlands | ||||
| Plantronics B.V. | Netherlands | ||||
| Regor Holding B.V. | Netherlands | ||||
| HP New Zealand | New Zealand | ||||
| HP Computing and Printing Nigeria Ltd | Nigeria | ||||
| HP Norge AS | Norway | ||||
| HP Pakistan (Private) Limited | Pakistan | ||||
| HP Panama Sales and Distribution, S. de R.L. | Panama | ||||
| HP Inc Peru S.R.L. | Peru | ||||
| HP PPS Philippines Inc. | Philippines | ||||
| Plantronics BV - Philippines Rep Office | Philippines | ||||
| HP Inc Polska sp. z o.o. | Poland | ||||
| CM Advanced Printing Iberia Portuguese Branch Office (50% owned) | Portugal | ||||
| HPCP – Computing and Printing Portugal, Unipessoal, Lda. | Portugal | ||||
| HP International Trading B.V. (Puerto Rico Branch), LLC | Puerto Rico | ||||
| HP Puerto Rico LLC | Puerto Rico | ||||
| Kale Holding B.V. (Puerto Rico Branch) LLC | Puerto Rico | ||||
| Hewlett-Packard KSA Ltd., Qatar Branch | Qatar | ||||
| HP Inc Romania SRL | Romania | ||||
| Limited Liability Company HP Inc | Russian Federation | ||||
| HP KSA Ltd. | Saudi Arabia | ||||
| Name | Jurisdiction | ||||
| HP Middle East and North Africa Regional Headquarters (Single Shareholder LLC) | Saudi Arabia | ||||
| Polycom Saudi Limited | Saudi Arabia | ||||
HP Computing and Printing d.o.o. Novi Beograd | Serbia | ||||
| HP International Pte. Ltd. | Singapore | ||||
| HP PPS Asia Pacific Pte. Ltd. | Singapore | ||||
| HP PPS Singapore (Sales) Pte. Ltd. | Singapore | ||||
| HP R&D Singapore Pte. Ltd. | Singapore | ||||
| HP Singapore (Private) Limited | Singapore | ||||
| HP Singapore Financing Pte. Ltd. | Singapore | ||||
| HP Singapore Holding Pte. Ltd. | Singapore | ||||
| HP Singapore Services Pte. Ltd. | Singapore | ||||
| Peridot Print Singapore Pte. Ltd. | Singapore | ||||
| Polycom Asia Pacific Pte. Ltd. | Singapore | ||||
| Polycom Global (Singapore) Pte. Ltd. | Singapore | ||||
| HP Inc Slovakia, s.r.o. | Slovakia | ||||
| HP South Africa Proprietary Limited | South Africa | ||||
| HP South Africa Trust | South Africa | ||||
| Burokopy, S.L. (50% owned) | Spain | ||||
| CM Advanced Printing Iberia, S.A. (50% owned) | Spain | ||||
| HP Printing and Computing Solutions, S.L.U. | Spain | ||||
| HP Solutions Creation and Development Services S.L.U. | Spain | ||||
| Peridot Print Spain S.L.U. | Spain | ||||
| Polycom Solutions (Spain) SL | Spain | ||||
| Soluciones Integrales De Impresión S.L. (50% owned) | Spain | ||||
| Tot Servei Ofitmatica I Manteniment, S.L.U. (50% owned) | Spain | ||||
| HP PPS Sverige AB | Sweden | ||||
| Plantronics Sweden, filial of Plantronics B.V., the Netherlands | Sweden | ||||
| HP Europe BV, Amsterdam, Meyrin Branch | Switzerland | ||||
| HP International Sàrl | Switzerland | ||||
| HP Schweiz GmbH | Switzerland | ||||
HP Suisse Services Sàrl | Switzerland | ||||
| Peridot Print Switzerland SARL | Switzerland | ||||
| HP International Pte. Ltd. Hsinchu Branch | Taiwan | ||||
| HP International Pte. Ltd., Taiwan Branch | Taiwan | ||||
| HP Taiwan Information Technology Ltd. | Taiwan | ||||
| Polycom Asia Pacific Pte. Ltd, Taiwan Branch | Taiwan | ||||
| Hewlett-Packard Development Company, L.P. | Texas, United States | ||||
| HP Inc (Thailand) Ltd. | Thailand | ||||
| Polycom Global Limited | Thailand | ||||
| HP Inc Tunisie SARL | Tunisia | ||||
| HP Bilgisayar ve Baskı Teknolojileri Limited Şirketi | Turkey | ||||
| Polycom Unified Iletisim Sanayi ve Ticaret Limited Sirketi | Turkey | ||||
| HP Computing and Printing Middle East FZ-LLC | United Arab Emirates | ||||
HP Europe B.V. - Abu Dhabi | United Arab Emirates | ||||
| Name | Jurisdiction | ||||
| HP Europe B.V. Regional Dubai Branch | United Arab Emirates | ||||
| HP Inc Gulf | United Arab Emirates | ||||
| Polycom (Mena) FZ-LLC | United Arab Emirates | ||||
| HP CA mas'uliyati cheklangan jamiyati shaklidagi xorijiy korxonasi (HP CA Foreign Enterprise Limited Liability Company) | Uzbekistan | ||||
| Tall Tree Insurance Company | Vermont, United States | ||||
| HP Technology Vietnam Company Ltd | Vietnam | ||||
| HP Technology Vietnam Company Ltd (Hanoi Branch) | Vietnam | ||||
| /s/ ENRIQUE LORES | ||||||||
Enrique Lores President and Chief Executive Officer | ||||||||
| /s/ KAREN L. PARKHILL | ||||||||
Karen L. Parkhill Chief Financial Officer (Principal Financial Officer) | ||||||||
| /s/ ENRIQUE LORES | ||||||||||||||
| By: | Enrique Lores President and Chief Executive Officer | |||||||||||||
| /s/ KAREN L. PARKHILL | ||||||||||||||
| By: | Karen L. Parkhill Chief Financial Officer | |||||||||||||
Audit Information |
12 Months Ended |
|---|---|
Oct. 31, 2025 | |
| Audit Information [Abstract] | |
| Auditor Firm ID | 42 |
| Auditor Name | Ernst & Young LLP |
| Auditor Location | Houston, Texas |
Consolidated Statements of Earnings - USD ($) shares in Millions, $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Net revenue: | |||
| Total net revenue | $ 55,295 | $ 53,559 | $ 53,718 |
| Cost of net revenue: | |||
| Total cost of net revenue | 43,903 | 41,741 | 42,210 |
| Gross profit | 11,392 | 11,818 | 11,508 |
| Research and development | 1,602 | 1,640 | 1,578 |
| Selling, general and administrative | 5,821 | 5,658 | 5,357 |
| Restructuring and other charges | 405 | 301 | 527 |
| Acquisition and divestiture charges | 45 | 83 | 240 |
| Amortization of intangible assets | 345 | 318 | 350 |
| Total operating expenses | 8,218 | 8,000 | 8,052 |
| Earnings from operations | 3,174 | 3,818 | 3,456 |
| Interest and other, net | (506) | (539) | (519) |
| Earnings before taxes | 2,668 | 3,279 | 2,937 |
| (Provision for) benefit from taxes | (139) | (504) | 326 |
| Net earnings | $ 2,529 | $ 2,775 | $ 3,263 |
| Net earnings per share: | |||
| Basic (in dollars per share) | $ 2.67 | $ 2.83 | $ 3.29 |
| Diluted (in dollars per share) | $ 2.65 | $ 2.81 | $ 3.26 |
| Weighted-average shares used to compute net earnings per share: | |||
| Basic (in shares) | 946 | 979 | 992 |
| Diluted (in shares) | 953 | 989 | 1,000 |
| Products | |||
| Net revenue: | |||
| Total net revenue | $ 52,002 | $ 50,453 | $ 50,660 |
| Cost of net revenue: | |||
| Total cost of net revenue | 41,993 | 39,952 | 40,484 |
| Services | |||
| Net revenue: | |||
| Total net revenue | 3,293 | 3,106 | 3,058 |
| Cost of net revenue: | |||
| Total cost of net revenue | $ 1,910 | $ 1,789 | $ 1,726 |
Consolidated Statements of Comprehensive Income - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Statement of Comprehensive Income [Abstract] | |||
| Net earnings | $ 2,529 | $ 2,775 | $ 3,263 |
| Change in unrealized components of available-for-sale debt securities: | |||
| Unrealized gains arising during the period | 16 | 8 | 2 |
| Change in unrealized components of cash flow hedges: | |||
| Unrealized (losses) gains arising during the period | (211) | 51 | (427) |
| Losses (gains) reclassified into earnings | 98 | (274) | (84) |
| Change in unrealized components of cash flow hedges | (113) | (223) | (511) |
| Change in unrealized components of defined benefit plans: | |||
| Unrealized gains (losses) arising during the period | 30 | (76) | (141) |
| Amortization of actuarial loss and prior service benefit | 21 | 8 | 0 |
| Curtailments, settlements and other | 6 | 2 | 0 |
| Change in unrealized components of defined benefit plans | 57 | (66) | (141) |
| Change in cumulative translation adjustment | 12 | 24 | 23 |
| Other comprehensive loss before taxes | (28) | (257) | (627) |
| Benefit from taxes | 5 | 46 | 119 |
| Other comprehensive loss, net of taxes | (23) | (211) | (508) |
| Comprehensive income | $ 2,506 | $ 2,564 | $ 2,755 |
Consolidated Balance Sheets - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Current assets: | ||
| Cash, cash equivalents and restricted cash | $ 3,705 | $ 3,253 |
| Accounts receivable, net of allowance for credit losses of $83 as of October 31, 2025 and 2024 | 5,692 | 5,117 |
| Inventory | 8,512 | 7,720 |
| Other current assets | 4,544 | 4,670 |
| Total current assets | 22,453 | 20,760 |
| Property, plant and equipment, net | 3,049 | 2,914 |
| Goodwill | 8,706 | 8,627 |
| Other non-current assets | 7,561 | 7,608 |
| Total assets | 41,769 | 39,909 |
| Current liabilities: | ||
| Notes payable and short-term borrowings | 845 | 1,406 |
| Accounts payable | 18,051 | 16,903 |
| Other current liabilities | 10,362 | 10,378 |
| Total current liabilities | 29,258 | 28,687 |
| Long-term debt | 8,821 | 8,263 |
| Other non-current liabilities | 4,036 | 4,282 |
| Commitments and contingencies | ||
| Stockholders’ deficit: | ||
| Preferred stock, $0.01 par value (300 shares authorized; none issued) | 0 | 0 |
| Common stock, $0.01par value (9,600 shares authorized; 921 and 939 shares issued and outstanding as of October 31, 2025 and 2024, respectively) | 9 | 9 |
| Additional paid-in capital | 2,129 | 1,778 |
| Accumulated deficit | (2,027) | (2,676) |
| Accumulated other comprehensive loss | (457) | (434) |
| Total stockholders’ deficit | (346) | (1,323) |
| Total liabilities and stockholders’ deficit | $ 41,769 | $ 39,909 |
Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Statement of Financial Position [Abstract] | ||
| Allowance for credit loss | $ 83 | $ 83 |
| Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
| Preferred stock, shares authorized (in shares) | 300,000,000 | 300,000,000 |
| Preferred stock, shares issued (in shares) | 0 | 0 |
| Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
| Common stock, shares authorized (in shares) | 9,600,000,000 | 9,600,000,000 |
| Common stock, shares issued (in shares) | 921,000,000 | 939,000,000 |
| Common stock, shares outstanding (in shares) | 921,000,000 | 939,000,000 |
Consolidated Statements of Cash Flows - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Cash flows from operating activities: | |||
| Net earnings | $ 2,529 | $ 2,775 | $ 3,263 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Depreciation, amortization and impairment | 916 | 830 | 850 |
| Stock-based compensation expense | 522 | 452 | 438 |
| Restructuring and other charges | 405 | 301 | 527 |
| Deferred taxes on earnings | (6) | (122) | (923) |
| Other, net | 116 | (38) | (10) |
| Changes in operating assets and liabilities, net of acquisitions: | |||
| Accounts receivable | (524) | (929) | 278 |
| Inventory | (828) | (852) | 668 |
| Accounts payable | 1,142 | 2,840 | (1,240) |
| Net investment in leases related to integrated financing | (131) | (165) | (110) |
| Taxes on earnings | (391) | (24) | 198 |
| Restructuring and other | (326) | (264) | (310) |
| Other assets and liabilities | 273 | (1,055) | (58) |
| Net cash provided by operating activities | 3,697 | 3,749 | 3,571 |
| Cash flows from investing activities: | |||
| Investment in property, plant, equipment and purchased intangibles, net | (897) | (592) | (593) |
| Purchases of available-for-sale securities and other investments | (40) | (4) | (11) |
| Maturities and sales of available-for-sale securities and other investments | 74 | 8 | 21 |
| Collateral posted for derivative instruments | (264) | 0 | 0 |
| Payments made in connection with business acquisitions, net of cash acquired | (116) | (58) | (7) |
| Proceeds from business divestitures | 66 | 0 | 0 |
| Net cash used in investing activities | (1,177) | (646) | (590) |
| Cash flows from financing activities: | |||
| Payments of short-term borrowings with original maturities less than 90 days, net | 0 | 0 | (10) |
| Proceeds from debt, net of issuance costs | 1,385 | 380 | 255 |
| Payment of debt and other associated costs | (1,387) | (213) | (1,700) |
| Stock-based award activities and others | (126) | (74) | (99) |
| Repurchase of common stock | (850) | (2,100) | (100) |
| Cash dividends paid | (1,088) | (1,075) | (1,037) |
| Collateral returned for derivative instruments | 0 | 0 | (200) |
| Settlement of cash flow hedges | 6 | ||
| Settlement of cash flow hedges | 0 | (3) | |
| Net cash used in financing activities | (2,060) | (3,082) | (2,894) |
| Increase in cash, cash equivalents and restricted cash | 460 | 21 | 87 |
| Cash, cash equivalents and restricted cash at beginning of period | 3,253 | 3,232 | 3,145 |
| Cash, cash equivalents and restricted cash at end of period (1) | 3,713 | 3,253 | 3,232 |
| Supplemental cash flow disclosures: | |||
| Income taxes paid, net of refunds | 535 | 649 | 398 |
| Interest expense paid | $ 437 | $ 441 | $ 548 |
Consolidated Statements of Cash Flows (Parenthetical) $ in Millions |
Oct. 31, 2025
USD ($)
|
|---|---|
| Statement of Cash Flows [Abstract] | |
| Cash, held-for-sale | $ 8 |
Consolidated Statements of Stockholders’ Deficit - USD ($) shares in Thousands, $ in Millions |
Total |
Common Stock |
Additional Paid-in Capital |
Accumulated Deficit |
Accumulated Other Comprehensive (Loss) Income |
|---|---|---|---|---|---|
| Balance (in shares) at Oct. 31, 2022 | 979,869 | ||||
| Balance at the beginning of period at Oct. 31, 2022 | $ (3,025) | $ 10 | $ 1,172 | $ (4,492) | $ 285 |
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Net earnings | 3,263 | 3,263 | |||
| Other comprehensive loss, net of taxes | (508) | (508) | |||
| Comprehensive income | 2,755 | ||||
| Issuance of common stock in connection with employee stock plans and other (in shares) | 12,537 | ||||
| Issuance of common stock in connection with employee stock plans and other | $ (100) | (100) | |||
| Repurchases of common stock (Note 12) (in shares) | (3,600) | (3,624) | |||
| Repurchases of common stock (Note 12) | $ (100) | (5) | (95) | ||
| Cash dividends | (1,037) | (1,037) | |||
| Stock-based compensation expense | 438 | 438 | |||
| Balance (in shares) at Oct. 31, 2023 | 988,782 | ||||
| Balance at the end of period at Oct. 31, 2023 | (1,069) | $ 10 | 1,505 | (2,361) | (223) |
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Net earnings | 2,775 | 2,775 | |||
| Other comprehensive loss, net of taxes | (211) | (211) | |||
| Comprehensive income | 2,564 | ||||
| Issuance of common stock in connection with employee stock plans and other (in shares) | 13,063 | ||||
| Issuance of common stock in connection with employee stock plans and other | $ (74) | (74) | |||
| Repurchases of common stock (Note 12) (in shares) | (62,700) | (62,856) | |||
| Repurchases of common stock (Note 12) | $ (2,126) | $ (1) | (110) | (2,015) | |
| Cash dividends | (1,075) | (1,075) | |||
| Stock-based compensation expense | 452 | 452 | |||
| Other | $ 5 | 5 | |||
| Balance (in shares) at Oct. 31, 2024 | 939,000 | 938,989 | |||
| Balance at the end of period at Oct. 31, 2024 | $ (1,323) | $ 9 | 1,778 | (2,676) | (434) |
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Net earnings | 2,529 | 2,529 | |||
| Other comprehensive loss, net of taxes | (23) | (23) | |||
| Comprehensive income | 2,506 | ||||
| Issuance of common stock in connection with employee stock plans and other (in shares) | 11,783 | ||||
| Issuance of common stock in connection with employee stock plans and other | $ (109) | (109) | |||
| Repurchases of common stock (Note 12) (in shares) | (29,600) | (29,623) | |||
| Repurchases of common stock (Note 12) | $ (853) | (62) | (791) | ||
| Cash dividends | (1,088) | (1,088) | |||
| Stock-based compensation expense | 522 | 522 | |||
| Other | $ (1) | (1) | |||
| Balance (in shares) at Oct. 31, 2025 | 921,000 | 921,149 | |||
| Balance at the end of period at Oct. 31, 2025 | $ (346) | $ 9 | $ 2,129 | $ (2,027) | $ (457) |
Consolidated Statements of Stockholders' Deficit (Parenthetical) - $ / shares |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Statement of Stockholders' Equity [Abstract] | |||
| Cash dividends (in dollars per share) | $ 1.16 | $ 1.10 | $ 1.05 |
Summary of Significant Accounting Policies |
12 Months Ended |
|---|---|
Oct. 31, 2025 | |
| Accounting Policies [Abstract] | |
| Summary of Significant Accounting Policies | Summary of Significant Accounting Policies Basis of Presentation The accompanying Consolidated Financial Statements of HP and its wholly-owned subsidiaries are prepared in conformity with U.S. GAAP. Principles of Consolidation The Consolidated Financial Statements include the accounts of HP and its subsidiaries and affiliates in which HP has a controlling financial interest or is the primary beneficiary. All intercompany balances and transactions have been eliminated. Reclassifications HP has reclassified certain prior-year amounts to conform to the current-year presentation. Use of Estimates The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in HP’s Consolidated Financial Statements and accompanying notes. Actual results may differ materially from those estimates. Foreign Currency Translation HP predominantly uses the U.S. dollar as its functional currency. Assets and liabilities denominated in non-U.S. dollars are remeasured into U.S. dollars at current exchange rates for monetary assets and liabilities and at historical exchange rates for non-monetary assets and liabilities. Net revenue, costs and expenses denominated in non-U.S. dollars are recorded in U.S. dollars at exchange rates in effect during each period. HP includes gains or losses from foreign currency remeasurement in Interest and other, net in the Consolidated Statements of Earnings. Certain foreign subsidiaries designate the local currency as the functional currency, and HP records the translation of their assets and liabilities into U.S. dollars at the balance sheet dates as translation adjustments and includes them as a component of Accumulated other comprehensive loss. Recently Adopted Accounting Pronouncements In September 2022, the Financial Accounting Standards Board (“FASB”) issued guidance that enhances the transparency about the use of supplier finance programs. Under the new guidance, companies that use a supplier finance program in connection with the purchase of goods or services are required to disclose information about those programs to allow users of financial statements to understand the nature, activity during the period, changes from period to period, and potential magnitude. HP adopted this guidance in the first quarter of fiscal year 2024, except for the disclosure on roll forward information which was adopted for its annual period ending October 31, 2025, in line with the effective adoption dates prescribed by the FASB. See Note 7, “Supplementary Financial Information,” for additional disclosure related to HP’s supplier finance programs. In November 2023, the FASB issued guidance that updates reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses and information used to assess segment performance on an annual and interim basis. HP adopted this guidance for its annual period ending October 31, 2025. While the adoption of this standard did not have a material impact on the Company’s Consolidated Financial Statements, the new guidance resulted in increased disclosures on reportable segments in Note 2 of the Notes to the Consolidated Financial Statements. Recently Issued Accounting Pronouncements Not Yet Adopted In November 2024, the FASB issued guidance that requires disaggregation of specific expense categories in disclosures within the footnotes to the financial statements on an annual and interim basis. HP is required to adopt this guidance for its annual period ending October 31, 2028 and all interim periods thereafter on a prospective basis. Early adoption is permitted. HP is currently evaluating the impact of this guidance on its disclosures. In December 2023, the FASB issued guidance that enhances the transparency of income tax disclosures by expanding annual disclosure requirements related to the rate reconciliation and income taxes paid. HP is required to adopt this guidance for its annual period ending October 31, 2026, which will result in increased disclosures in the Notes to its Consolidated Financial Statements. Revenue Recognition General HP recognizes revenues at a point in time or over time depicting the transfer of promised goods or services to customers in an amount that reflects the consideration to which HP expects to be entitled in exchange for those goods or services. HP follows the five-step model for revenue recognition as summarized below: 1.Identify the contract with a customer - A contract with customer exists when (i) it is approved and signed by all parties, (ii) each party’s rights and obligations can be identified, (iii) payment terms are defined, (iv) it has commercial substance and (v) the customer has the ability and intent to pay. HP evaluates customers’ ability to pay based on various factors like historical payment experience, financial metrics and customer credit scores. While the majority of our sales contracts contain standard terms and conditions, there are certain contracts with non-standard terms and conditions. 2.Identify the performance obligations in the contract - HP evaluates each performance obligation in an arrangement to determine whether it is distinct, such as hardware and/or service. A performance obligation constitutes distinct goods or services when the customer can benefit from such goods or services either on its own or together with other resources that are readily available to the customer and the performance obligation is distinct within the context of the contract. 3.Determine the transaction price - Transaction price is the amount of consideration to which HP expects to be entitled in exchange for transferring goods or services to the customer. If the transaction price includes a variable amount, HP estimates the amount it expects to be entitled to using either the expected value or the most likely amount method. HP reduces the transaction price at the time of revenue recognition for customer and distributor programs and incentive offerings, rebates, promotions, and other volume-based incentives. HP uses estimates to determine the expected variable consideration for such programs based on factors like historical experience, expected consumer behavior and market conditions. HP has elected the practical expedient of not accounting for significant financing components if the period between revenue recognition and when the customer pays for the product or service is one year or less. 4.Allocate the transaction price to performance obligations in the contract - When a sales arrangement contains multiple performance obligations, such as hardware and/or services, HP allocates the transaction price to each performance obligation in proportion to its Standalone Selling Price (“SSP”). HP establishes SSP using the price charged for a performance obligation when sold separately (“observable price”) and, in some instances, using the price established by management having the relevant authority. When observable price is not available, HP establishes SSP maximizing the use of observable inputs based on management judgment while considering internal factors such as historical discounting trends for products and services, pricing practices and other observable factors. 5.Recognize revenue when (or as) the performance obligation is satisfied - Revenue is recognized when, or as, a performance obligation is satisfied by transferring control of a promised good or service to a customer. HP generally invoices the customer upon delivery of the goods or services and the payments are due as per contract terms. For fixed price support or maintenance contracts that are stand-ready obligations, payments are generally received in advance from customers and revenue is recognized on a straight-line basis over the duration of the contract. HP reports revenue net of any taxes collected from customers and remitted to government authorities, and the collected taxes are recorded as other current liabilities until remitted to the relevant government authority. HP includes costs related to shipping and handling in Cost of net revenue. HP records revenue on a gross basis when HP is a principal in the transaction and on a net basis when HP is acting as an agent between the customer and the vendor. HP considers several factors to determine whether it is acting as a principal or an agent, most notably whether HP is the primary obligor to the customer, has established its own pricing and has inventory risks. Hardware HP transfers control of the products to the customer at the time the product is delivered to the customer and recognizes revenue accordingly, unless customer acceptance is uncertain or significant obligations to the customer remain unfulfilled. HP records revenue from the sale of equipment under sales-type leases as revenue at the commencement of the lease. Services HP recognizes revenue from fixed-price support, maintenance and other service contracts over time depicting the pattern of service delivery and recognizes the costs associated with these contracts as incurred. Contract Assets and Liabilities Contract assets are rights to consideration in exchange for goods or services that HP has transferred to a customer when such right is conditional on something other than the passage of time. Such contract assets are not material to HP’s Consolidated Financial Statements. Contract liabilities are recorded as deferred revenues when amounts invoiced to customers are more than the revenues recognized or when payments are received in advance for fixed-price support or maintenance contracts. The short-term and long-term deferred revenues are reported within the Other current liabilities and Other non-current liabilities respectively. Cost to obtain a contract and fulfillment cost Incremental direct costs of obtaining a contract primarily consist of sales commissions. HP has elected the practical expedient to expense as incurred the costs to obtain a contract with a benefit period equal to or less than one year. For contracts with a period of benefit greater than one year, HP capitalizes incremental costs of obtaining a contract with a customer and amortizes these costs over their expected period of benefit provided such costs are recoverable. Fulfillment costs consist of set-up and transition costs related to other service contracts. These costs generate or enhance resources of HP that will be used in satisfying the performance obligation in the future and are capitalized and amortized over the expected period of the benefit, provided such costs are recoverable. Leases At the inception of a contract, HP assesses whether the contract is, or contains, a lease. The assessment is based on (1) whether the contract involves the use of a distinct identified asset, (2) whether HP obtains the right to substantially all the economic benefit from the use of the asset throughout the period, and (3) whether HP has the right to direct the use of the asset. All significant lease arrangements are recognized at lease commencement. Leases with a lease term of 12 months or less at inception are not recorded on the Consolidated Balance Sheets and are expensed on a straight-line basis over the lease term in the Consolidated Statement of Earnings. HP determines the lease term by assuming the exercise of renewal options that are reasonably certain. As most of the leases do not provide an implicit interest rate, HP uses the unsecured borrowing rate and risk-adjusts that rate to approximate a collateralized rate at the commencement date to determine the present value of future payments that are reasonably certain. Stock-Based Compensation HP determines stock-based compensation expense based on the measurement date fair value of the award. HP recognizes compensation cost only for those awards expected to meet the service and performance vesting conditions on a straight-line basis over the requisite service period of the award. HP determines compensation costs at the aggregate grant level for service-based awards and at the individual vesting tranche level for awards with performance and/or market conditions. HP estimates the forfeiture rate based on its historical experience. Retirement and Post-Retirement Plans HP has various defined benefit, other contributory and non-contributory retirement and post-retirement plans. HP generally amortizes unrecognized actuarial gains and losses on a straight-line basis over the average remaining estimated service life of participants. In limited cases, HP amortizes actuarial gains and losses using the corridor approach. See Note 4, “Retirement and Post-Retirement Benefit Plans” for a full description of these plans and the accounting and funding policies. Advertising Cost Costs to produce advertising are expensed as incurred during production. Costs to communicate advertising are expensed when the advertising is first run. Such costs totaled approximately $718 million, $628 million and $611 million in fiscal years 2025, 2024 and 2023, respectively. Restructuring and Other Charges HP records charges associated with management-approved restructuring plans to reorganize one or more of HP’s business segments, to remove duplicative headcount and infrastructure associated with business acquisitions or to simplify business processes and accelerate innovation. Restructuring charges can include severance costs to reduce a specified number of employees, enhanced early retirement incentives, infrastructure charges to vacate facilities and consolidate operations, and contract cancellation costs. HP records restructuring charges based on estimated employee terminations, committed early retirements and site closure and consolidation plans. HP accrues for severance and other employee separation costs under these actions when it is probable that benefits will be paid and the amount is reasonably estimable. The rates used in determining severance accruals are based on existing plans, historical experiences and negotiated settlements. Other charges include non-recurring costs, including those as a result of information technology rationalization efforts and transformation program management costs, and are distinct from ongoing operational costs. These costs primarily relate to third-party professional services and other non-recurring costs. Taxes on Earnings HP recognizes deferred tax assets and liabilities for the expected tax consequences of temporary differences between the tax bases of assets and liabilities and their reported amounts using enacted tax rates in effect for the year the differences are expected to reverse. HP records a valuation allowance to reduce the deferred tax assets to the amount that is more likely than not to be realized. HP records accruals for uncertain tax positions when HP believes that it is not more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. HP makes adjustments to these accruals when facts and circumstances change, such as the closing of a tax audit or the refinement of an estimate. The provision for income taxes includes the effects of adjustments for uncertain tax positions, as well as any related interest and penalties. HP is subject to the Global Intangible Low-Taxed Income (“GILTI”) tax in the U.S. and elects to recognize these taxes as a current expense in the period incurred. Accounts Receivable HP records allowance for credit losses for the current expected credit losses inherent in the asset over its expected life. The allowance for credit losses is maintained based on the relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. HP records a specific reserve for individual accounts when HP becomes aware of specific customer circumstances, such as in the case of a bankruptcy filing or deterioration in the customer’s operating results or financial position. If there are additional changes in circumstances related to the specific customer, HP further adjusts estimates of the recoverability of receivables. HP assesses collectability by pooling receivables where similar risk characteristics exist. HP maintains an allowance for credit losses for all other customers based on a variety of factors, including the use of third-party credit risk models that generate quantitative measures of default probabilities based on market factors, financial condition of customers, length of time receivables are past due, trends in the weighted-average risk rating for the portfolio, macroeconomic conditions, information derived from competitive benchmarking, significant one-time events, and historical experience. The past due or delinquency status of a receivable is based on the contractual payment terms of the receivable. HP utilizes certain third-party arrangements in the normal course of business as part of HP’s cash and liquidity management and also to provide liquidity to certain partners to facilitate their working capital requirements. These financing arrangements, which in certain cases provide for partial recourse, result in the transfer of HP’s trade receivables to a third-party. HP reflects amounts transferred to, but not yet collected from the third-party in Accounts receivable in the Consolidated Balance Sheets. For arrangements involving an element of recourse, the fair value of the recourse obligation is measured using market data from similar transactions and reported as a current liability in the Consolidated Balance Sheets. Concentrations of Risk Financial instruments that potentially subject HP to significant concentrations of credit risk consist principally of cash and cash equivalents, investments, receivables from trade customers and contract manufacturers and derivatives. HP maintains cash and cash equivalents, investments, derivatives and certain other financial instruments with various financial institutions. These financial institutions are located in many different geographic regions, and HP’s policy is designed to limit exposure from any particular institution. As part of its risk management processes, HP performs periodic evaluations of the relative credit standing of these financial institutions. HP has not sustained material credit losses from instruments held at these financial institutions. HP utilizes derivative contracts to protect against the effects of foreign currency, interest rate and, on certain investment exposures. Such contracts involve the risk of non-performance by the counterparty, which could result in a material loss. The likelihood of which HP deems to be remote. HP sells a significant portion of its products through third-party distributors and resellers and, as a result, maintains individually significant receivable balances with these parties. If the financial condition or operations of these distributors’ and resellers’ aggregated business deteriorates substantially, HP’s operating results could be adversely affected. The ten largest distributor and reseller receivable balances, which were concentrated primarily in North America and Europe, collectively represented approximately 47% and 38% of gross accounts receivable as of October 31, 2025 and 2024, respectively. One customer, TD Synnex Corp, accounted for 12.6% of gross accounts receivable as of October 31, 2025 and 9.7% of gross accounts receivable as of October 31, 2024. Credit risk with respect to other accounts receivable is generally diversified due to HP’s large customer base and their dispersion across many different industries and geographic markets. HP performs ongoing credit evaluations of the financial condition of its third-party distributors, resellers and other customers and may require collateral, such as letters of credit and bank guarantees, in certain circumstances. HP utilizes outsourced manufacturers around the world to manufacture HP-designed products. HP may purchase product components from suppliers and sell those components to its outsourced manufacturers thereby creating receivable balances from the outsourced manufacturers. The three largest outsourced manufacturer receivable balances collectively represented 94% and 89% of HP’s supplier receivables of $0.6 billion and $0.8 billion as of October 31, 2025 and 2024, respectively. HP includes the supplier receivables in Other current assets in the Consolidated Balance Sheets on a gross basis. HP’s credit risk associated with these receivables is mitigated wholly or in part, by the amount HP owes to these outsourced manufacturers, as HP generally has the legal right to offset its payables to the outsourced manufacturers against these receivables. HP does not reflect the sale of these components in net revenue and does not recognize any profit on these component sales until the related products are sold by HP, at which time any profit is recognized as a reduction to cost of products net revenue. HP obtains a significant number of components from single source suppliers like Canon, due to technology, availability, price, quality or other considerations. The loss of a single source supplier, the deterioration of HP’s relationship with a single source supplier, or any unilateral modification to the contractual terms under which HP is supplied components by a single source supplier could adversely affect HP’s net revenue, cash flows and gross margins. Inventory HP records inventory at the lower of cost or net realizable value on a first-in, first-out basis. Cost is computed using standard cost which approximates actual cost. Adjustments, if required, to reduce the cost of inventory to net realizable value are made for estimated excess, obsolete or impaired balances after considering judgments related to future demand and market conditions. Property, Plant and Equipment, Net HP reflects property, plant and equipment at cost less accumulated depreciation. HP capitalizes additions and improvements and expenses maintenance and repairs as incurred. Depreciation expense is recognized on a straight-line basis over the estimated useful lives of the assets. Estimated useful lives are to 40 years for buildings and improvements and to 15 years for machinery and equipment. HP depreciates leasehold improvements over the life of the lease or the asset, whichever is shorter. HP depreciates equipment held for lease over the initial term of the lease to the equipment’s estimated residual value. On retirement or disposition, the asset cost and related accumulated depreciation are removed from the Consolidated Balance Sheets with any gain or loss recognized in the Consolidated Statements of Earnings. Internal Use Software and Cloud Computing Arrangements HP capitalizes external costs and directly attributable internal costs to acquire or create internal use software which are incurred subsequent to the completion of the preliminary project stage. These costs relate to activities such as software design, configuration, coding, testing, and installation. Costs related to post-implementation activities such as training and maintenance are expensed as incurred. Once the software is substantially complete and ready for its intended use, capitalized development costs are amortized straight-line over the estimated useful life of the software, generally not to exceed five years. HP also enters into certain cloud-based software hosting arrangements that are accounted for as service contracts. For internal-use software obtained through a hosting arrangement that is in the nature of a service contract, HP incurs certain implementation costs such as integrating, configuring, and software customization, which are consistent with costs incurred during the application development stage for on-premise software. HP applies the same guidance to determine costs that are eligible for capitalization. For these arrangements, HP amortizes the capitalized development costs straight-line over the fixed, non-cancellable term of the associated hosting arrangement plus any reasonably certain renewal periods. HP also applies the same impairment model to both internal-use software and capitalized implementation costs in a software hosting arrangement that is in the nature of a service contract. Goodwill HP reviews goodwill for impairment annually during its fourth quarter and whenever events or changes in circumstances indicate the carrying amount of goodwill may not be recoverable. HP can elect to perform a qualitative assessment to test a reporting unit’s goodwill for impairment or directly perform the quantitative impairment test. Based on the qualitative assessment, if HP determines that the fair value of a reporting unit is more likely than not (i.e., a likelihood of more than 50 percent) to be less than its carrying amount, a quantitative impairment test will be performed. If a quantitative impairment test is performed, HP compares the fair value of each reporting unit to its carrying amount. The fair values are derived most significantly from the income approach, with lesser weight attributed to the market approach. Under the income approach, HP estimates the fair value of a reporting unit based on the present value of estimated future cash flows. Cash flow projections are based on management’s estimates of revenue growth rates and operating margins, taking into consideration industry and market conditions. The discount rate is based on the weighted-average cost of capital adjusted for the relevant risk associated with business-specific characteristics and the uncertainty related to the reporting unit’s ability to execute on the projected cash flows. Under the market approach, HP estimates fair value based on market multiples of earnings derived from comparable publicly-traded companies with similar operating and investment characteristics as the reporting unit. HP weights the fair value derived from the market approach depending on the level of comparability of these publicly-traded companies to the reporting unit. When market comparables are not meaningful or not available, HP estimates the fair value of a reporting unit using only the income approach. If the fair value of a reporting unit exceeds the carrying amount of the net assets assigned to that reporting unit, goodwill is not impaired. If the fair value of the reporting unit is less than its carrying amount, goodwill is impaired and the excess of the reporting unit’s carrying value over the fair value is recognized as an impairment loss. Debt and Marketable Equity Securities Investments HP determines the appropriate classification of its investments at the time of purchase and re-evaluates the classifications at each balance sheet date. Debt and marketable equity securities are generally considered available-for-sale. All highly liquid investments with maturities of three months or less at the date of purchase are classified as cash equivalents. Marketable debt securities with maturities of twelve months or less are classified as short-term investments and marketable debt securities with maturities greater than twelve months are classified based on their availability for use in current operations. Marketable equity securities, including mutual funds, are classified as either short or long-term based on the nature of each security and its availability for use in current operations. Available-for-sale debt securities are reported at fair value with unrealized gains and losses, net of applicable taxes, in Accumulated other comprehensive loss. Unrealized gains and losses on equity securities, credit losses and impairments on available-for-sale debt securities are recorded in Consolidated Statements of Earnings. Realized gains and losses on available-for-sale securities are calculated at the individual security level and included in Interest and other, net in the Consolidated Statements of Earnings. HP monitors its investment portfolio for potential impairment and credit losses on a quarterly basis. If HP intends to sell a debt security or it is more likely than not that HP will be required to sell the security before recovery, then a decline in fair value below cost is recorded as an impairment charge in Interest and other, net and a new cost basis in the investment is established. In other cases, if the carrying amount of an investment in debt securities exceeds its fair value and the decline in value is determined to be due to credit related reasons, HP records a credit loss allowance, limited by the amount that fair value is less than the amortized cost basis. HP recognizes the corresponding charge in Interest and other, net and the remaining unrealized loss, if any, in Accumulated other comprehensive loss in the Consolidated Balance Sheets. Factors that HP considers while determining the credit loss allowance includes, but is not limited to, severity and the reason for the decline in value, interest rate changes and counterparty long-term ratings. Derivatives HP uses derivative instruments, primarily forward contracts, option contracts, interest rate swaps, total return swaps, treasury rate locks and forward starting swaps to hedge certain foreign currency, interest rate and, return on certain investment exposures. HP also may use other derivative instruments not designated as hedges, such as forwards used to hedge foreign currency balance sheet exposures. HP does not use derivative instruments for speculative purposes. See Note 10, “Financial Instruments” for a full description of HP’s derivative instrument activities and related accounting policies. Legal Contingencies HP is involved in various lawsuits, claims, investigations and proceedings that arise in the ordinary course of business. HP records a liability for contingencies when it believes it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. See Note 14, “Litigation and Contingencies” for a full description of HP’s loss contingencies and related accounting policies. Government Assistance HP recognizes government assistance in its financial statements when there is reasonable assurance that the assistance will be received and HP will comply with the specified conditions thereof. Government assistance related to capital expenditures are deducted from property, plant and equipment, net and recognized in the Consolidated Statements of Earnings as a reduction to depreciation and amortization expense over the remaining useful life of the associated assets. Government assistance related to income are recognized in the Consolidated Statements of Earnings as a reduction to the related expenses, in the period the expenses are incurred, based on the underlying nature and purpose of the assistance.
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Segment Information |
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| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Information | Segment Information HP’s operations are organized into three reportable segments: Personal Systems, Printing, and Corporate Investments. The Company’s Chief Executive Officer is the Chief Operating Decision Maker (“CODM”). HP’s organizational structure is based on many factors that the CODM uses to evaluate, view and run the business operations, which include, but are not limited to, customer base and homogeneity of products and technology. The segments are based on this organizational structure and information reviewed by HP’s CODM to evaluate segment results. The CODM uses earnings from operations to evaluate the performance of the overall business and to allocate resources to each of the segments, primarily through budgeting and segment performance reviews. The accounting policies HP uses to derive segment results are substantially the same as those used by HP in preparing these financial statements. HP derives the results of the business segments directly from its internal management reporting system. HP does not allocate certain operating expenses, which it manages at the corporate level, to its segments. These unallocated amounts include expenses such as certain corporate governance costs and infrastructure investments, stock-based compensation expense, restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets and certain litigation (charges) benefits, net. Significant Segment Expenses and Operating Results
(1) Fiscal year 2025 includes Certain litigation benefits from a single litigation matter that does not relate to HP's ongoing business operations Segment Assets HP allocates assets to its business segments based on the segments primarily benefiting from the assets. Total assets by segment and the reconciliation of segment assets to HP consolidated assets were as follows:
Major Customers One customer, TD Synnex Corp, accounted for 12% of HP’s net revenue for fiscal year 2025. No single customer represented 10% or more of HP’s net revenue in fiscal year 2024 or 2023. Geographic Information Net revenue by country is based upon the sales location that predominately represents the customer location. Other than the United States, no country represented more than 10% of HP net revenue in any fiscal year presented. Net revenue by country was as follows:
Net property, plant and equipment by country in which HP operates was as follows:
No single country other than those represented above exceeded 10% or more of HP’s total net property, plant and equipment in any fiscal year presented.
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Restructuring and Other Charges |
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| Restructuring and Related Activities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring and Other Charges | Restructuring and Other Charges Summary of Restructuring Plans HP’s restructuring activities in fiscal years 2025, 2024 and 2023 summarized by plan were as follows:
(1) Primarily includes the fiscal 2020 plan along with other legacy plans, all of which are substantially complete. HP does not expect any further material activity associated with these plans. (2) Includes reclassification of liability related to the Enhanced Early Retirement ("EER") plan of $139 for certain healthcare and medical savings account benefits to pension and post-retirement plans. See Note 4 “Retirement and Post-Retirement Benefit Plans” for further information. Fiscal 2026 Plan On November 25, 2025, HP’s Board of Directors approved the Fiscal 2026 Plan intended to drive customer satisfaction, product innovation, and productivity through artificial intelligence adoption and enablement that HP expects will be implemented through fiscal 2028. HP expects to reduce global headcount by approximately 4,000 to 6,000 employees. HP estimates that it will incur pre-tax charges of approximately $650 million relating to labor and non-labor actions. HP expects to incur approximately $400 million in labor costs related to workforce reductions and expects the remaining costs to relate to non-labor actions and other charges. Fiscal 2023 Plan On November 18, 2022, HP’s Board of Directors approved the Fiscal 2023 Plan intended to enable digital transformation, portfolio optimization and operational efficiency that HP implemented through fiscal 2025. The Fiscal 2023 Plan is substantially complete. HP does not expect any further significant costs associated with the plan. Approximately 9,500 employees departed as part of the plan through a combination of employee exits and voluntary EER. HP incurred $873 million in severance costs and $347 million in infrastructure costs related to non-labor and other charges. Other Charges Other charges include non-recurring costs, including those as a result of information technology rationalization efforts and transformation program management costs, and are distinct from ongoing operational costs. These costs primarily relate to third-party professional services and other non-recurring costs. HP incurred $78 million, $68 million and $83 million of other charges in fiscal year 2025, 2024 and 2023, respectively.
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Retirement and Post-Retirement Benefit Plans |
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| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement and Post-Retirement Benefit Plans | Retirement and Post-Retirement Benefit Plans Defined Benefit Plans HP sponsors a number of defined benefit pension plans worldwide. The most significant defined benefit plan, the HP Inc. Pension Plan (“Pension Plan”) is a frozen plan in the United States. HP reduces the benefit payable to certain U.S. employees under the Pension Plan for service before 1993, if any, by any amounts due to the employee under HP’s frozen defined contribution Deferred Profit-Sharing Plan (“DPSP”). As of October 31, 2025 and 2024, the fair value of HP’s DPSP plan assets was $278 million and $297 million, respectively. The DPSP obligations are equal to the plan assets and are recognized as an offset to the Pension Plan when HP calculates its defined benefit pension cost and obligations. Post-Retirement Benefit Plans HP sponsors retiree health and welfare benefit plans, of which the most significant are in the United States. Under the HP Inc. Retiree Welfare Benefits Plan, certain pre-2003 retirees and grandfathered participants with continuous service to HP since 2002 are eligible to receive partially subsidized medical coverage based on years of service at retirement. HP’s share of the premium cost is capped for all subsidized medical coverage provided under the HP Inc. Retiree Welfare Benefits Plan. HP currently leverages the employer group waiver plan process to provide HP Inc. Retiree Welfare Benefits Plan post-65 prescription drug coverage under Medicare Part D, thereby giving HP access to federal subsidies to help pay for retiree benefits. Effective January 1, 2026, Medicare-eligible retirees will receive the capped subsidy and enroll in individual market options through an exchange. Certain employees not grandfathered for partially subsidized medical coverage under the above programs, and employees hired after 2002 but before August 2008, are eligible for credits under the HP Inc. Retiree Welfare Benefits Plan. Credits offered after September 2008 are provided in the form of matching credits on employee contributions made to a voluntary employee beneficiary association upon attaining age 45 or as part of early retirement programs. On retirement, former employees may use these credits for the reimbursement of certain eligible medical expenses, including premiums required for coverage. Defined Contribution Plans HP offers various defined contribution plans for U.S. and non-U.S. employees. Total defined contribution expense was $132 million, $133 million, and $131 million in fiscal year 2025, 2024, and 2023, respectively. U.S. employees are automatically enrolled in the HP Inc. 401(k) Plan when they meet eligibility requirements, unless they decline participation. The employer matching contributions in the HP Inc. 401(k) Plan is 100% of the first 4% of eligible compensation contributed by employees, and the employer match is vested after three years of employee service. Generally, an employee must be employed by HP Inc. on the last day of the calendar year to receive a match. Pension and Post-Retirement Benefit Expense The components of HP’s pension and post-retirement benefit (credit) cost recognized in the Consolidated Statements of Earnings were as follows:
The components of net periodic benefit (credit) cost other than the service cost component are included in Interest and other, net in the Consolidated Statements of Earnings. The weighted-average assumptions used to calculate the total periodic benefit (credit) cost were as follows:
Funded Status The funded status of the defined benefit and post-retirement benefit plans was as follows:
The cumulative net actuarial losses for our defined pension plans and retiree welfare plans decreased year over year. These loss decreases were primarily due to higher than expected return on assets and increases in discount rates. The decrease in losses was partially offset due to plan experience and other assumption changes. The weighted-average assumptions used to calculate the projected benefit obligations were as follows:
The net assets and liabilities for HP’s defined benefit and post-retirement benefit plans recognized on HP’s Consolidated Balance Sheet were as follows:
The following table summarizes the pre-tax net actuarial loss (gain) and prior service cost (credit) recognized in Accumulated other comprehensive income (loss) for the defined benefit and post-retirement benefit plans.
Defined benefit plans with projected benefit obligations exceeding the fair value of plan assets were as follows:
Defined benefit plans with accumulated benefit obligations exceeding the fair value of plan assets were as follows:
Total Plan Assets The table below sets forth the total value of plan assets as of October 31, 2025. Refer to Note 9, “Fair Value” for details on fair value hierarchy. Certain investments that are measured using the Net Asset Value (“NAV”) per share as a practical expedient have not been categorized in the fair value hierarchy.
The table below sets forth the total plan assets as of October 31, 2024.
(1)Investments in publicly traded equity securities are valued using the closing price on the measurement date as reported on the stock exchange on which the individual securities are traded. (2)The fair value of corporate, government and asset-backed debt securities is based on observable inputs of comparable market transactions. Also included in this category is debt issued by national, state and local governments and agencies. (3)Department of Labor 103-12 IE (Investment Entity) designation is for plan assets held by two or more unrelated employee benefit plans which includes limited partnerships and venture capital partnerships. Certain common collective trusts and interests in 103-12 entities are valued using NAV as a practical expedient. (4)Includes publicly traded funds of investment companies that are registered with the SEC, funds that are not publicly traded and a non-U.S. fund-of-fund arrangement. (5)Includes cash and cash equivalents such as short-term marketable securities. Cash and cash equivalents include money market funds, which are valued based on NAV. Other assets were classified in the fair value hierarchy based on the lowest level input (e.g., quoted prices and observable inputs) that is significant to the fair value measure in its entirety. (6)Includes primarily reverse repurchase agreements, unsettled transactions, and derivative instruments. (7)These investments include alternative investments, which primarily consist of private equities and hedge funds. The valuation of alternative investments, such as limited partnerships and joint ventures, may require significant management judgment. For alternative investments, valuation is based on NAV as reported by the asset manager or investment company and adjusted for cash flows, if necessary. In making such an assessment, a variety of factors are reviewed by management, including but not limited to the timeliness of NAV as reported by the asset manager and changes in general economic and market conditions subsequent to the last NAV reported by the asset manager. •Private equities include limited partnerships such as equity, buyout, venture capital, real estate and other similar funds that invest in the United States and internationally where foreign currencies are hedged. •Hedge funds include limited partnerships that invest both long and short primarily in common stocks and credit, relative value, event-driven equity, distressed debt and macro strategies. Management of the hedge funds has the ability to shift investments from value to growth strategies, from small to large capitalization stocks and bonds, and from a net long position to a net short position. These investments also include Common Collective Trusts and 103-12 Investment Entities as defined in note (3) above and Investment Funds as defined in note (4) above. Plan Asset Allocations Refer to the fair value hierarchy table above for actual assets allocations across the benefit plans. The weighted-average target asset allocations across the benefit plans represented in the fair value tables above were as follows:
Investment Policy HP’s investment strategy is to seek a competitive rate of return relative to an appropriate level of risk depending on the funded status of each plan and the timing of expected benefit payments. The majority of the plans’ investment managers employ active investment management strategies with the goal of outperforming the broad markets in which they invest. Risk management practices include diversification across asset classes and investment styles and periodic rebalancing toward asset allocation targets. A number of the plans’ investment managers are authorized to utilize derivatives for investment or liability exposures, and HP may utilize derivatives to affect asset allocation changes or to hedge certain investment or liability exposures. The target asset allocation selected for each U.S. plan (pension and post-retirement) reflects a risk/return profile HP believes is appropriate relative to each plan’s liability structure and return goals. HP conducts periodic asset-liability studies for U.S. plans to model various potential asset allocations in comparison to each plan’s forecasted liabilities and liquidity needs. Due to the strong funded status for the U.S. Pension Plan, consistent with our policy, steps have been taken to de-risk the portfolio by reallocation of assets to liability hedging fixed-income investments. Outside the United States, asset allocation decisions are typically made by an independent board of trustees for the specific plan. As in the United States, investment objectives are designed to generate returns that will enable the plan to meet its future obligations. HP reviews the investment strategy and where appropriate, can offer some assistance in the selection of investment managers, with final decisions on asset allocation and investment managers made by the board of trustees for the specific plan. Basis for Expected Long-Term Rate of Return on Plan Assets The expected long-term rate of return on plan assets reflects the expected returns for each major asset class in which the plan invests and the weight of each asset class in the target mix. Expected asset returns reflect the current yield on government bonds, risk premiums for each asset class and expected real returns which considers each country’s specific inflation outlook. Because HP’s investment policy is to employ primarily active investment managers who seek to outperform the broader market, the expected returns are adjusted to reflect the expected additional returns net of fees. Retirement Incentive Program As part of the Fiscal 2023 Plan, HP announced a voluntary EER program for its U.S. employees in January 2023. Voluntary participation in the EER program was limited to employees at least 55 years old with 10 or more years of service at HP. Employees accepted into the EER program left HP on dates ranging from March 15, 2023 to October 31, 2023. The U.S. defined benefit pension plan was amended to provide that the EER benefit was to be paid from the plan for eligible electing EER participants. The retirement incentive benefit was calculated as a lump sum based on years of service at HP at the time of retirement, ranging from 20 to 52 weeks of pay. As a result of this retirement incentive, HP recognized a special termination benefit (“STB”) expense of $105 million for the year ended October 31, 2023 as a restructuring charge. This expense is the present value of all additional benefits that HP will distribute from the pension plan assets. All employees participating in the EER program were offered the opportunity to continue health care coverage at the active employee contribution rates for up to 36 months following retirement, but not beyond age 65 when Medicare is available. In addition, HP provided up to $12,000 in employer credits under the Retirement Medical Savings Account program. HP recognized an additional STB expense of $34 million as restructuring and other charges for the year ended October 31, 2023 for the health care incentives. Future Contributions and Funding Policy Our policy is to fund our pension plans so that we meet at least the minimum contribution required by local government, funding and taxing authorities. In fiscal year 2026, we expect to contribute approximately $43 million to non-U.S. pension plans, $31 million to cover benefit payments to U.S. non-qualified plan participants and $3 million to cover benefit claims for our post-retirement benefit plans. Estimated Future Benefits Payments As of October 31, 2025, HP estimates that the future benefits payments for the retirement and post-retirement plans are as follows:
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Stock-Based Compensation |
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| Share-Based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stock-Based Compensation | Stock-Based Compensation HP’s stock-based compensation plans include incentive compensation plans and an employee stock purchase plan. Stock-Based Compensation Expense and Related Income Tax Benefits for Operations Stock-based compensation expense and the resulting tax benefits for operations were as follows:
Cash received from option exercises under the HP Inc 2004 Stock Incentive Plan (the “2004 SIP”) and the HP Inc. 2021 Employee Stock Purchase Plan (the “2021 ESPP”) was $41 million, $72 million, and $51 million in fiscal year 2025, 2024, and 2023, respectively. The benefit realized for the tax deduction from option exercises in fiscal years 2025, 2024 and 2023 was $3 million, $1 million and $2 million, respectively. Stock-Based Incentive Compensation Plans HP’s stock-based incentive compensation plan includes equity plan adopted in 2004, as amended and restated (“principal equity plan”). Stock-based awards granted under the equity plan includes restricted stock awards, stock options and performance-based awards. Employees meeting certain employment qualifications are eligible to receive stock-based awards. As of October 31, 2025, the aggregate number of shares of HP’s stock authorized for issuance under the principal equity plan is 668.8 million. Restricted stock awards are non-vested stock awards that may include grants of restricted stock or restricted stock units. Restricted stock awards and cash-settled awards are generally subject to forfeiture if employment terminates prior to the lapse of the restrictions. Such awards generally vest to three years from the date of grant. During the vesting period, ownership of the restricted stock cannot be transferred. Restricted stock has the same dividend and voting rights as common stock and is considered to be issued and outstanding upon grant. The dividends paid on restricted stock are non-forfeitable. Restricted stock units do not have the voting rights of common stock, and the shares underlying restricted stock units are not considered issued and outstanding upon grant. However, shares underlying restricted stock units are included in the calculation of diluted net EPS. Restricted stock units have forfeitable dividend equivalent rights equal to the dividend paid on common stock. HP expenses the fair value of restricted stock awards ratably over the period during which the restrictions lapse. The majority of restricted stock units issued by HP contain only service vesting conditions. HP also grants performance-adjusted restricted stock units which vest only on the satisfaction of both service and the achievement of certain performance goals including market conditions prior to the expiration of the awards. Stock options granted under the principal equity plan are generally non-qualified stock options, but the principal equity plan permits some options granted to qualify as incentive stock options under the U.S. Internal Revenue Code. Stock options generally vest over to four years from the date of grant. The exercise price of a stock option is equal to the closing price of HP’s stock on the option grant date. The majority of stock options issued by HP contain only service vesting conditions. HP grants performance-contingent stock options that vest only on the satisfaction of both service and market conditions prior to the expiration of the awards. No stock option awards were granted during the fiscal year 2025. The expenses associated with stock options were not material for any of the periods presented. As of October 31, 2025, the total unrecognized pre-tax stock-based compensation expense related to stock options was $0.2 million, which is expected to be recognized over a weighted-average vesting period of 0.1 years. RSU and stock option grants provide for accelerated vesting in certain circumstances as defined in the plans and related grant agreements, including termination in connection with a change in control. Restricted Stock Units HP uses the closing stock price on the grant date to estimate the fair value of service-based restricted stock units. HP estimates the fair value of restricted stock units subject to performance-adjusted vesting conditions using a combination of the closing stock price on the grant date and a Monte Carlo simulation model. The assumptions used to measure the fair value of restricted stock units subject to performance-adjusted vesting conditions in the Monte Carlo simulation model were as follows:
(1)The expected volatility was estimated using the historical volatility derived from HP’s common stock. (2)The risk-free interest rate was estimated based on the yield on U.S. Treasury zero-coupon issues. (3)The expected performance period was estimated based on the length of the remaining performance period from the grant date. A summary of restricted stock units activity is as follows:
The total grant date fair value of restricted stock units vested in fiscal years 2025, 2024 and 2023 was $465 million, $471 million and $442 million, respectively. As of October 31, 2025, total unrecognized pre-tax stock-based compensation expense related to non-vested restricted stock units was $438 million, which is expected to be recognized over the remaining weighted-average vesting period of 1.4 years. Employee Stock Purchase Plan HP sponsors the 2021 ESPP, pursuant to which eligible employees may contribute up to 10% of base compensation, subject to certain income limits, to purchase shares of HP’s common stock. Pursuant to the terms of the 2021 ESPP, employees purchase stock under the 2021 ESPP at a price equal to 95% of HP’s closing stock price on the purchase date. No stock-based compensation expense was recorded in connection with those purchases because the criteria of a non-compensatory plan were met. The aggregate number of shares of HP’s stock authorized for issuance under the 2021 ESPP was 50 million. Shares Reserved Shares available for future grant and shares reserved for future issuance under the stock-based incentive compensation plans and the 2021 ESPP were as follows:
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Taxes on Earnings |
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| Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes on Earnings | Taxes on Earnings Provision for Taxes The domestic and foreign components of earnings before taxes were as follows:
The provision for (benefit from) taxes on earnings was as follows:
The differences between the U.S. federal statutory income tax rate and HP’s effective tax rate were as follows:
In fiscal year 2025, HP recorded $415 million of net income tax benefits related to non-recurring items in the provision for taxes. This amount included $273 million related to changes in uncertain tax positions, $80 million related to restructuring charges, $44 million related to changes in valuation allowances, $28 million related to the filing of tax returns in various jurisdictions, $22 million related to audit settlements in various jurisdictions, and $16 million related to litigation charges. These benefits were partially offset by $69 million of charges related to changes in tax rates. In fiscal year 2024, HP recorded $214 million of net income tax benefits related to non-recurring items in the provision for taxes. This amount included $198 million related to changes in valuation allowances, $60 million related to restructuring charges, $14 million related to the filing of tax returns in various jurisdictions, and $11 million related to acquisition charges. These benefits were partially offset by $39 million of uncertain tax position charges and $25 million related to changes in tax rates. In fiscal year 2023, HP recorded $1.1 billion of net income tax benefits related to non-recurring items in the provision for taxes. This amount included $726 million of tax effects related to internal reorganization, $255 million related to changes in valuation allowances, $101 million related to restructuring charges, $58 million related to the filing of tax returns in various jurisdictions, and $42 million related to acquisition charges. These benefits were partially offset by income tax charges of $60 million related to audit settlements in various jurisdictions, $27 million of uncertain tax position charges, and $25 million related to extinguishment of debt. As a result of certain employment actions and capital investments HP has undertaken, income from manufacturing and services in certain countries is subject to reduced tax rates, and in some cases is wholly exempt from taxes, through 2029. The gross income tax benefits attributable to these actions and investments were estimated to be $153 million ($0.16 diluted net EPS) in fiscal year 2025, $217 million ($0.22 diluted net EPS) in fiscal year 2024 and $190 million ($0.19 diluted net EPS) in fiscal year 2023. Uncertain Tax Positions A reconciliation of unrecognized tax benefits is as follows:
As of October 31, 2025, the amount of gross unrecognized tax benefits was $865 million, of which up to $656 million would affect HP’s effective tax rate if realized. Total gross unrecognized tax benefits decreased by $352 million for the twelve months ended October 31, 2025. HP recognizes interest income from favorable settlements and interest expense and penalties accrued on unrecognized tax benefits in the provision for taxes in the Consolidated Statements of Earnings. As of October 31, 2025, 2024 and 2023, HP had accrued $122 million, $135 million and $102 million, respectively, for interest and penalties. HP engages in continuous discussions and negotiations with taxing authorities regarding tax matters in various jurisdictions. HP expects complete resolution of certain tax years with various tax authorities within the next 12 months. HP believes it is reasonably possible that its existing gross unrecognized tax benefits may be reduced by up to $42 million within the next 12 months, affecting HP’s effective tax rate if realized. HP is subject to income tax in the United States and approximately 60 other countries and is subject to routine corporate income tax audits in many of these jurisdictions. In addition, HP is subject to numerous ongoing audits by federal, state and foreign tax authorities. The Internal Revenue Service (“IRS”) is conducting an audit of HP’s 2018 and 2019 income tax returns. With respect to major state and foreign tax jurisdictions, HP is no longer subject to tax authority examinations for years prior to 2007. No material tax deficiencies have been assessed in major state or foreign tax jurisdictions related to ongoing audits as of October 31, 2025. HP believes it has provided adequate reserves for all tax deficiencies or reductions in tax benefits that could result from federal, state and foreign tax audits. HP regularly assesses the likely outcomes of these audits in order to determine the appropriateness of HP’s tax provision. HP adjusts its uncertain tax positions to reflect the impact of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular audit. However, income tax audits are inherently unpredictable and there can be no assurance that HP will accurately predict the outcome of these audits. The amounts ultimately paid on resolution of an audit could be materially different from the amounts previously included in the Provision for taxes and therefore the resolution of one or more of these uncertainties in any particular period could have a material impact on net income or cash flows. HP has not provided for U.S. federal income and foreign withholding taxes on $5.1 billion of undistributed earnings from non-U.S. operations as of October 31, 2025 because HP intends to reinvest such earnings indefinitely outside of the United States. Determination of the amount of unrecognized deferred tax liability related to these earnings is not practicable. Deferred Income Taxes The significant components of deferred tax assets and deferred tax liabilities were as follows:
Deferred tax assets and liabilities included in the Consolidated Balance Sheets as follows:
As of October 31, 2025, HP had recorded deferred tax assets for net operating loss (“NOL”) carryforwards as follows:
As of October 31, 2025, HP had recorded deferred tax assets for various tax credit carryforwards as follows:
Deferred Tax Asset Valuation Allowance The deferred tax asset valuation allowance and changes were as follows:
Gross deferred tax assets as of October 31, 2025, 2024, and 2023 were reduced by valuation allowances of $6.5 billion, $6.7 billion and $7.0 billion, respectively. In fiscal year 2025, the deferred tax asset valuation allowance decreased by $209 million primarily due to changes in tax rates in foreign jurisdictions. In fiscal year 2024, the deferred tax asset valuation allowance decreased by $306 million primarily due to an increase in the expected utilization of foreign net operating losses. In fiscal year 2023, the deferred tax asset valuation allowance decreased by $598 million primarily due to internal reorganization impacting foreign net operating losses and U.S. deferred tax assets that are anticipated to be realized at a lower effective rate than the federal statutory rate.
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Supplementary Financial Information |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Supplementary Financial Information | Supplementary Financial Information Cash, cash equivalents and restricted cash
(1) Restricted Cash is related to amounts collected and held on behalf of a third-party for trade receivables previously sold. Accounts Receivable The allowance for credit losses related to accounts receivable and changes were as follows:
HP utilizes certain third-party arrangements in the normal course of business as part of HPs cash and liquidity management and also to provide liquidity to certain partners to facilitate their working capital requirements. These financing arrangements, which in certain circumstances may contain partial recourse, result in a transfer of HP’s receivables and risk to the third-party. As these transfers qualify as true sales under the applicable accounting guidance, the receivables are de-recognized from the Consolidated Balance Sheets upon transfer, and HP receives a payment for the receivables from the third-party within a mutually agreed upon time period. For arrangements involving an element of recourse, the recourse obligation is measured using market data from the similar transactions and reported as a current liability in the Consolidated Balance Sheets. The recourse obligations as of October 31, 2025 and 2024 were not material. The following is a summary of the activity under these arrangements:
(1) Amounts outstanding from third parties reported in Accounts Receivable in the Consolidated Balance Sheets. Inventory
Other Current Assets
Property, Plant and Equipment, Net
Depreciation expense was $523 million, $501 million and $491 million in fiscal years 2025, 2024 and 2023, respectively. Other Non-Current Assets
Other Current Liabilities
Other Non-Current Liabilities
Interest and Other, Net
Net Revenue by Region
Value of Remaining Performance Obligations As of October 31, 2025, the estimated value of transaction price allocated to remaining performance obligations was $4.3 billion. HP expects to recognize approximately $1.9 billion of the unearned amount in next 12 months and $2.4 billion thereafter. HP has elected the practical expedients and accordingly does not disclose the aggregate amount of the transaction price allocated to remaining performance obligations if: •the contract has an original expected duration of one year or less; or •the revenue from the performance obligation is recognized over time on an as-invoiced basis when the amount corresponds directly with the value to the customer; or •the portion of the transaction price that is variable in nature is allocated entirely to a wholly unsatisfied performance obligation. The remaining performance obligations are subject to change and may be affected by various factors, such as termination of contracts, contract modifications and adjustment for currency. Costs of Obtaining Contracts and Fulfillment Cost As of October 31, 2025, deferred contract fulfillment and acquisition costs balances were $33 million and $42 million, respectively, included in Other current assets and Other non-current assets in the Consolidated Balance Sheets. During the fiscal year ended October 31, 2025, the Company amortized $68 million of these costs. As of October 31, 2024, deferred contract fulfillment and acquisition costs balances were $36 million and $50 million, respectively, included in Other current assets and Other non-current assets in the Consolidated Balance Sheets. During the fiscal year ended October 31, 2024, the Company amortized $86 million of these costs. Contract Liabilities As of October 31, 2025 and 2024, HP’s contract liabilities balances were $3.2 billion and $2.9 billion, respectively, included in Other current liabilities and Other non-current liabilities in the Consolidated Balance Sheets. The increase in the contract liabilities balance for fiscal year 2025 was primarily driven by sales of fixed-price support and maintenance services, partially offset by $1.5 billion of revenue recognized that were included in the contract liabilities balance as of October 31, 2024. As of October 31, 2024 and 2023, HP’s contract liabilities balances were $2.9 billion and $2.7 billion, respectively, included in Other current liabilities and Other non-current liabilities in the Consolidated Balance Sheets. The increase in the contract liabilities balance for fiscal year 2024 was primarily driven by sales of fixed-price support and maintenance services, partially offset by $1.4 billion of revenue recognized that were included in the contract liabilities balance as of October 31, 2023. Supplier Finance Programs HP facilitates voluntary supplier finance programs to provide certain suppliers the opportunity to sell their right to HP’s payment obligations to participating financial institutions. Under these programs, HP agrees to pay the participating financial institutions the stated amount of confirmed invoices from its designated suppliers on the original maturity dates of the invoices. Participation by suppliers in these programs have no impact on the payment terms and amounts due from HP. HP does not have an economic interest in a supplier's participation in the program and is not a party to the agreement between the supplier and the financial institutions. In connection with these programs, HP does not pledge assets or other forms of guarantees as security for the committed payment to the participating financial institutions. For certain programs, HP pays a monthly service fee to a third-party administrator that provides the supplier finance platform and related support. HP and the participating financial institutions may terminate the agreement upon at least 30 days notice. As of October 31, 2025 and October 31, 2024, HP had $8.9 billion and $7.8 billion, respectively, in obligations outstanding (i.e., unpaid invoices) that were confirmed as valid under the supplier finance programs. These obligations are included within the line item of HP’s Consolidated Balance Sheets. As of both October 31, 2025 and October 31, 2024 the Company’s outstanding payment obligations that suppliers elected to sell to participating financial institutions were $0.1 billion. The following table is a rollforward of the obligations confirmed under the program for fiscal year 2025:
Government Assistance HP receives assistance under legally enforceable agreements with governments in support of certain business activities, including expansion of operations, production or shipment of products from specific jurisdictions, research and development etc. These grants are generally received in the form of cash and require compliance with certain conditions specified in each grant agreement. The duration of the grant agreements are usually for a period of to five years. HP recognized $196 million, $126 million and $117 million of government assistance in the Consolidated Statement of Earnings in fiscal year 2025, 2024, and 2023, respectively, of which $130 million, $111 million and $95 million, respectively, was reported as a reduction of .
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Goodwill and Intangible Assets |
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| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill allocated to HP’s reportable segments and changes in the carrying amount of goodwill were as follows:
(1)Goodwill is net of accumulated impairment losses of $0.8 billion related to Corporate Investments recorded in fiscal year 2011. Goodwill is tested for impairment at the reporting unit level. As of October 31, 2025, our reporting units are consistent with the reportable segments identified in Note 2, “Segment Information”. Personal Systems had a negative carrying amount of net assets as of October 31, 2025, 2024 and 2023 primarily as a result of a favorable cash conversion cycle. Intangible Assets HP’s acquired intangible assets were composed of:
(1) Excludes the original cost and accumulated depreciation of fully amortized intangibles. During fiscal year 2025, the Company incurred impairment charges of $65 million related to acquired customer contracts, customer lists and distribution agreements within the Printing segment and $27 million of technology and patents within the Corporate Investment segment which were recorded within in the Consolidated Statement of Earnings. As of October 31, 2025, estimated future amortization expense related to acquired intangible assets was as follows:
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Fair Value |
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| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value | Fair Value Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date. Fair Value Hierarchy HP uses valuation techniques that are based upon observable and unobservable inputs. Observable inputs are developed using market data such as publicly available information and reflect the assumptions market participants would use, while unobservable inputs are developed using the best information available about the assumptions market participants would use. Assets and liabilities are classified in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement: Level 1—Quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2—Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability and market-corroborated inputs. Level 3—Unobservable inputs for the asset or liability. The fair value hierarchy gives the highest priority to observable inputs and lowest priority to unobservable inputs. The following table presents HP’s assets and liabilities that are measured at fair value on a recurring basis:
(1) Money market funds invested in government debt and traded in active markets are included in Level 1. Government debt includes instruments such as U.S. treasury notes, U.S. agency securities and non-U.S. government bonds. (2) As of October 31, 2025 and 2024, $63 million and $78 million, respectively, of debt securities were restricted to fund benefits received by qualifying employees under a sponsored defined benefit plan. Valuation Techniques Cash Equivalents and Investments: HP holds money market funds, mutual funds, other debt securities primarily consisting of corporate and foreign government notes and bonds, and common stock and equivalents. HP values cash equivalents and equity investments using quoted market prices, alternative pricing sources, including net asset value, or models utilizing market observable inputs. The fair value of debt investments is based on quoted market prices or model-driven valuations using inputs primarily derived from or corroborated by observable market data, and, in certain instances, valuation models that utilize assumptions which cannot be corroborated with observable market data. Derivative Instruments: HP uses industry standard valuation models to measure fair value. Where applicable, these models project future cash flows and discount the future amounts to present value using market-based observable inputs, including interest rate curves, HP and counterparty credit risk, foreign exchange rates, and forward and spot prices for currencies and interest rates. See Note 10, “Financial Instruments” for a further discussion of HP’s use of derivative instruments. Other Fair Value Disclosures Short- and Long-Term Debt: HP estimates the fair value of its debt primarily using an expected present value technique, which is based on observable market inputs using interest rates currently available to companies of similar credit standing for similar terms and remaining maturities and considering its own credit risk. The portion of HP’s debt that is hedged is reflected in the Consolidated Balance Sheets as an amount equal to the debt’s carrying amount and a fair value adjustment representing changes in the fair value of the hedged debt obligations arising from movements in benchmark interest rates. The fair value of HP’s short- and long-term debt was $9.6 billion as compared to its carrying amount of $9.7 billion as of October 31, 2025. The fair value of HP’s short- and long-term debt was $9.4 billion as compared to its carrying value of $9.7 billion at October 31, 2024. If measured at fair value in the Consolidated Balance Sheets, short- and long-term debt would be classified in Level 2 of the fair value hierarchy. Other Financial Instruments: For the balance of HP’s financial instruments, primarily accounts receivable, accounts payable and financial liabilities included in Other current liabilities on the Consolidated Balance Sheets, the carrying amounts approximate fair value due to their short-term maturities. If measured at fair value in the Consolidated Balance Sheets, these other financial instruments would be classified as Level 2 or Level 3 of the fair value hierarchy. Non-Marketable Equity Investments and Non-Financial Assets: HP’s non-marketable equity investments are measured at cost less impairment, adjusted for observable price changes. HP’s non-financial assets, such as intangible assets, goodwill and property, plant and equipment, are recorded at fair value in the period an impairment charge is recognized. If measured at fair value in the Consolidated Balance Sheets these would generally be classified within Level 3 of the fair value hierarchy.
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Financial Instruments |
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| Investments, All Other Investments [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Instruments | Financial Instruments Cash Equivalents and Available-for-Sale Investments
(1) Money market funds invested in government debt and traded in active markets are included in Level 1. Government debt includes instruments such as U.S. treasury notes, U.S. agency securities and non-U.S. government bonds (2) As of October 31, 2025 and 2024, $63 million and $78 million, respectively, of debt securities were restricted to fund benefits received by qualifying employees under a sponsored defined benefit plan. All highly liquid investments with original maturities of three months or less at the date of acquisition are considered cash equivalents. As of October 31, 2025 and 2024, the carrying amount of cash equivalents approximated fair value due to the short period of time to maturity. Interest income related to cash, cash equivalents and debt securities was approximately $89 million in fiscal year 2025, $78 million in fiscal year 2024, and $67 million in fiscal year 2023. The estimated fair value of the available-for-sale investments may not be representative of values that will be realized in the future. Contractual maturities of investments in available-for-sale debt securities were as follows:
Non-marketable equity securities in privately held companies are included in Other current and non-current assets in the Consolidated Balance Sheets. These amounted to $137 million and $107 million as of October 31, 2025 and 2024, respectively. HP determines credit losses on cash equivalents and available-for-sale debt securities at the individual security level. All instruments are considered investment grade. No credit-related or noncredit-related impairment losses were recorded in fiscal year 2025. Derivative Instruments HP uses derivative instruments, primarily forward contracts, interest rate swaps, total return swaps, treasury rate locks, forward starting swaps and option contracts to offset business exposure to foreign currency and interest rate risk on expected future cash flows and on certain existing assets and liabilities. HP may designate its derivative contracts as fair value hedges or cash flow hedges and classifies the cash flows with the activities that correspond to the underlying hedged items. Additionally, for derivatives not designated as hedging instruments, HP categorizes those economic hedges as other derivatives. HP recognizes all derivative instruments at fair value in the Consolidated Balance Sheets. As a result of its use of derivative instruments, HP is exposed to the risk that its counterparties will fail to meet their contractual obligations. Master netting agreements mitigate credit exposure to counterparties by permitting HP to net amounts due from HP to counterparty against amounts due to HP from the same counterparty under certain conditions. To further limit credit risk, HP has collateral security agreements that allow HP’s custodian to hold collateral from, or require HP to post collateral to, counterparties when the net fair value of financial instruments fluctuates. The Company includes gross collateral posted and received in other current assets and other current liabilities in the Consolidated Balance Sheets, respectively. The fair value of derivatives with credit contingent features in a net liability position was $98 million and $59 million as of October 31, 2025 and 2024, respectively, all of which were fully collateralized within business days. Under HP’s derivative contracts, the counterparty can terminate all outstanding trades following a covered change of control event affecting HP that results in the surviving entity being rated below a specified credit rating. This credit contingent provision did not affect HP’s financial position or cash flows as of October 31, 2025 and 2024. Fair Value Hedges HP enters into fair value hedges, such as interest rate swaps, to reduce the exposure of its debt portfolio to changes in fair value resulting from changes in benchmark interest rates on HP’s future interest payments. For derivative instruments that are designated and qualify as fair value hedges, HP recognizes the change in fair value of the derivative instrument, as well as the offsetting change in the fair value of the hedged item, in Interest and other, net in the Consolidated Statements of Earnings in the period of change. Cash Flow Hedges HP uses forward contracts, option contracts, treasury rate locks and forward starting swaps designated as cash flow hedges to protect against the foreign currency exchange and interest rate risks inherent in its forecasted products net revenue, cost of products net revenue, operating expenses and debt issuance. HP’s foreign currency cash flow hedges mature predominantly within twelve months; however, hedges related to long-term procurement arrangements, contractual pricing and/or business unit specific exposures may extend several years. For derivative instruments that are designated and qualify as cash flow hedges, HP initially records changes in fair value of the derivative instrument in Accumulated other comprehensive loss as a separate component of Stockholders’ deficit in the Consolidated Balance Sheets and subsequently reclassifies these amounts into earnings in the period during which the hedged transaction is recognized in earnings. HP reports the changes in the fair value of the derivative instrument in the same financial statement line item as changes in the fair value of the hedged item. Other Derivatives Other derivatives not designated as hedging instruments consist primarily of forward contracts used to hedge foreign currency-denominated balance sheet exposures. HP also uses total return swaps to hedge its executive deferred compensation plan liability. For derivative instruments not designated as hedging instruments, HP recognizes changes in fair value of the derivative instrument, as well as the offsetting change in the fair value of the hedged item, in Interest and other, net in the Consolidated Statements of Earnings in the period of change. Hedge Effectiveness For interest rate swaps designated as fair value hedges, HP measures hedge effectiveness by offsetting the change in fair value of the hedged item with the change in fair value of the derivative. For foreign currency options, forward contracts and forward starting swaps designated as cash flow hedges, HP measures hedge effectiveness by comparing the cumulative change in fair value of the hedge contract with the cumulative change in fair value of the hedged item, both of which are based on forward rates. During fiscal year 2025 and 2024, no portion of the hedging instruments’ gain or loss was excluded from the assessment of effectiveness for fair value and cash flow hedges. Fair Value of Derivative Instruments in the Consolidated Balance Sheets The gross notional and fair value of derivative instruments in the Consolidated Balance Sheets were as follows:
Offsetting of Derivative Instruments HP recognizes all derivative instruments on a gross basis in the Consolidated Balance Sheets. HP does not offset the fair value of its derivative instruments against the fair value of cash collateral posted under its collateral security agreements. As of October 31, 2025 and 2024, information related to the potential effect of HP’s master netting agreements and collateral security agreements was as follows:
(1)Represents the cash collateral posted by counterparties as of the respective reporting date for HP’s asset position, net of derivative amounts that could be offset, as of, generally, business days prior to the respective reporting date. (2)Represents the collateral posted by HP including any excess or re-use of counterparty cash collateral as of the respective reporting date for HP’s liability position, net of derivative amounts that could be offset, as of, generally, business days prior to the respective reporting date. Effect of Derivative Instruments in the Consolidated Statements of Earnings The pre-tax effect of derivative instruments and related hedged items in a fair value hedging relationship were as follows:
The pre-tax effect of derivative instruments in cash flow hedging relationships included in Accumulated other comprehensive income (loss) was as follows:
The pre-tax effect of derivative instruments in cash flow hedging relationships included in earnings were as follows:
As of October 31, 2025, HP expects to reclassify an estimated accumulated other comprehensive loss of approximately $41 million, net of taxes, to earnings within the next twelve months associated with cash flow hedges along with the earnings effects of the related forecasted transactions. The amounts ultimately reclassified into earnings could be different from the amounts previously included in Accumulated other comprehensive loss based on the change of market rate, and therefore could have different impact on earnings. The pre-tax effect of derivative instruments not designated as hedging instruments recognized in Interest and other, net in the Consolidated Statements of Earnings was as follows:
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Borrowings |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Borrowings | Borrowings Notes Payable and Short-Term Borrowings
Long-Term Debt
(1)HP may redeem some or all of the fixed-rate U.S. Dollar Global Notes at any time in accordance with the terms thereof. The U.S. Dollar Global Notes are senior unsecured debt. (2)During the quarter ended October 31, 2025, HP redeemed and settled $3.4 million of the pending March 2029 Notes related to the August 2022 Poly acquisition. In April 2025, HP completed its offering of $1.0 billion aggregate principal amount of senior unsecured notes, consisting of $500 million of 5.40% notes due April 2030 and $500 million of 6.10% notes due April 2035. HP incurred issuance costs of $9 million. HP is required to pay interest semi-annually on each series of the notes on April 25 and October 25, beginning October 25, 2025. In April 2025, a series of forward starting swaps and a treasury rate lock totaling $825 million notional amount were settled to mitigate the treasury rates volatility associated with this debt issuance. HP used the net proceeds from the offering of the notes for general corporate purposes, including, together with cash on hand, the repayment of the Global Notes due June 2025 upon maturity. As disclosed in Note 10, “Financial Instruments”, HP uses interest rate swaps to mitigate some of the exposure of its debt portfolio to changes in fair value resulting from changes in benchmark interest rates. Interest rates shown in the table of long-term debt have not been adjusted to reflect the impact of any interest rate swaps. As of October 31, 2025, aggregate future maturities of debt at face value (excluding unamortized debt issuance cost of $46 million, discounts on debt issuance of $10 million and fair value adjustment related to hedged debt of $1 million), including other borrowings were as follows:
Commercial Paper As of October 31, 2025, HP maintained a U.S. commercial paper program for the issuance of U.S. dollar-denominated commercial paper up to a maximum aggregate principal amount of $6.0 billion. The principal amount outstanding under this program and certain short-term borrowings at any time cannot exceed a $6.0 billion authorization by HP’s Board of Directors. As of October 31, 2025 and October 31, 2024, no commercial paper was outstanding under the program. Credit Facility As of October 31, 2024 and 2025, HP maintained a $5.0 billion 5-year sustainability-linked senior unsecured committed revolving credit facility, which HP entered into on August 1, 2024. Commitments under the revolving credit facility will be available until August 1, 2029. Commitment fees, interest rates and other terms of borrowing under the revolving credit facility vary based on HP’s external credit ratings and certain sustainability metrics. Funds borrowed under the revolving credit facility may be used for general corporate purposes. In March 2024, the $1.0 billion senior unsecured committed 364-day revolving credit facility matured in accordance with its terms. Additionally, commitments under the previous $5.0 billion sustainability-linked senior unsecured committed revolving credit facility were terminated concurrently with the execution of the revolving credit facility on August 1, 2024. As of October 31, 2025, HP was in compliance with the covenants in the credit agreement governing the revolving credit facility. Available Borrowing Resources As of October 31, 2025, HP had available borrowing resources of $1.1 billion from uncommitted lines of credit in addition to funds available under the revolving credit facility.
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Stockholders’ Deficit |
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| Stockholders' Equity Note [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders’ Deficit | Stockholders’ Deficit Share Repurchase Program HP’s share repurchase program authorizes both open market and private repurchase transactions. In fiscal year 2025, HP executed share repurchases of 29.6 million shares and settled total shares for $0.8 billion. In fiscal year 2024, HP executed share repurchases of 62.7 million shares and settled total shares for $2.1 billion. In fiscal year 2023, HP executed share repurchases of 3.6 million shares and settled total shares for $0.1 billion. Share repurchases executed during fiscal year 2025 included 0.2 million shares settled in November 2025. The shares repurchased in fiscal years 2025, 2024 and 2023 were all open market repurchase transactions. As of October 31, 2025, HP had approximately $8.4 billion remaining under the share repurchase authorizations approved by HP’s Board of Directors. Changes and reclassifications related to Accumulated Other Comprehensive Loss, net of taxes
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Earnings Per Share |
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| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share | Earnings Per Share HP calculates basic net EPS using net earnings and the weighted-average number of shares outstanding during the reporting period. Diluted net EPS includes any dilutive effect of restricted stock units, stock options, performance-based awards and shares purchased under the 2021 employee stock purchase plan. A reconciliation of the number of shares used for basic and diluted net EPS calculations is as follows:
(1)HP excludes from the calculation of diluted net EPS stock options and restricted stock units where the assumed proceeds exceed the average market price, because their effect would be anti-dilutive. The assumed proceeds of a stock option include the sum of its exercise price, and average unrecognized compensation cost. The assumed proceeds of a restricted stock unit represent average unrecognized compensation cost.
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Litigation and Contingencies |
12 Months Ended |
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Oct. 31, 2025 | |
| Loss Contingency [Abstract] | |
| Litigation and Contingencies | Litigation and Contingencies HP is involved in lawsuits, claims, investigations and proceedings, including those identified below, consisting of IP, commercial, securities, employment, employee benefits and environmental matters that arise in the ordinary course of business. HP accrues a liability when management believes that it is both probable that a liability has been incurred and the amount of loss can be reasonably estimated. HP believes it has recorded adequate provisions for any such matters and, as of October 31, 2025, it was not reasonably possible that a material loss had been incurred in excess of the amounts recognized in HP’s financial statements. HP reviews these matters at least quarterly and adjusts its accruals to reflect the impact of negotiations, settlements, rulings, advice of legal counsel, and other information and events pertaining to a particular case. Pursuant to the separation and distribution agreement entered into with Hewlett Packard Enterprise Company (“Hewlett Packard Enterprise”), HP shares responsibility with Hewlett Packard Enterprise for certain matters, as indicated below, and Hewlett Packard Enterprise has agreed to indemnify HP in whole or in part with respect to certain matters. Based on its experience, HP believes that any damage amounts claimed in the specific matters discussed below are not a meaningful indicator of HP’s potential liability. Litigation is inherently unpredictable. However, HP believes it has valid defenses with respect to legal matters pending against it. Nevertheless, cash flows or results of operations could be materially affected in any particular period by the resolution of one or more of these contingencies. Litigation, Proceedings and Investigations Copyright Levies. Proceedings are ongoing or have been concluded involving HP in certain European countries, challenging the imposition or the modification of levies regimes upon IT equipment (such as PCs or printers) or the restrictions to exonerate the application of private copying levies on devices purchased by business users. The levies are generally based upon the number of products sold and the per-product amounts of the levies, which vary. Some European countries are expected to implement legislation to introduce or extend existing levy schemes to digital devices. HP, other companies and various industry associations have opposed the extension of levies to the digital product and certain requirements for business sales exemptions and have advocated alternative models of compensation to rights holders. Based on the exemption of levies on business sales and industry opposition to increasing levies to digital products, HP’s assessments of the merits of various proceedings and HP’s estimates of the number of units impacted and the amounts of the levies, HP has accrued amounts that it believes are adequate to address the ongoing disputes. India Directorate of Revenue Intelligence Proceedings. On April 30 and May 10, 2010, the India Directorate of Revenue Intelligence (the “DRI”) issued show cause notices to Hewlett-Packard India Sales Private Limited (“HP India”), a subsidiary of HP, seven HP India employees and one former HP India employee alleging that HP India underpaid customs duties while importing products and spare parts into India and seeking to recover an aggregate of approximately $370 million, plus penalties and interest. Prior to the issuance of the notices, HP India deposited approximately $16 million with the DRI and agreed to post a provisional bond in exchange for the DRI’s agreement to not seize HP India products and spare parts or interrupt business by HP India. On April 11, 2012, the Bangalore Commissioner of Customs issued an order on the products-related notice affirming certain duties and penalties against HP India and the named individuals of approximately $386 million, of which HP India had already deposited $9 million. On December 11, 2012, HP India voluntarily deposited an additional $10 million in connection with the products-related notice. The differential duty demand is subject to interest. On April 20, 2012, the Commissioner issued an order on the parts-related notice affirming certain duties and penalties against HP India and certain of the named individuals of approximately $17 million, of which HP India had already deposited $7 million. After the order, HP India deposited an additional $3 million in connection with the parts-related notice so as to avoid certain penalties. HP India filed appeals of the Commissioner’s orders before the Customs, Excise and Service Tax Appellate Tribunal (the “Customs Tribunal”) along with applications for waiver of the pre-deposit of remaining demand amounts as a condition for hearing the appeals. The Customs Department has also filed cross-appeals before the Customs Tribunal. On January 24, 2013, the Customs Tribunal ordered HP India to deposit an additional $24 million against the products order, which HP India deposited in March 2013. On February 7, 2014, the Customs Tribunal granted HP India’s application for extension of the stay of deposit until disposal of the appeals. On October 27, 2014, the Customs Tribunal commenced hearings on the cross-appeals of the Commissioner’s orders and rejected HP India’s request to remand the matter to the Commissioner on procedural grounds. The Customs Tribunal cancelled hearings to reconvene in 2015, 2016 and January 2019. On January 20, 2021, the Customs Tribunal held a virtual hearing during which the judge allowed HP’s application for a physical hearing on the merits as soon as practicable, which will be scheduled when physical hearings resume at court. In unrelated, third-party proceedings, the Supreme Court of India has resolved certain jurisdictional questions to the authority of the Directorate of Revenue Intelligence, issues which HP also raised in its appeal to the Customs Tribunal. In late 2024, those jurisdictional questions were resolved. Between late April and June 18, 2025, the Customs Tribunal held three weeks of hearings on the appeals. The matter is presently pending a decision. If the decision is adverse, HP should be entitled to appeal on the merits to the Supreme Court of India, although HP may be required to make additional deposits. Pursuant to the separation and distribution agreement, Hewlett Packard Enterprise has agreed to indemnify HP in part, based on the extent to which any liability arises from the products and spare parts of Hewlett Packard Enterprise’s businesses. Media Content Protection LLC Patent Litigation (formerly Philips Patent Litigation). In September 2020, Koninklijke Philips N.V. and Philips North America LLC (collectively, “Philips”) filed a complaint against HP for patent infringement in federal court for the District of Delaware and filed a companion complaint with the U.S. International Trade Commission (“ITC”) pursuant to Section 337 of the Tariff Act against HP and 8 other sets of respondents. Both complaints allege that certain digital video-capable devices and components thereof infringe four of Philips’ patents. In October 2020, the ITC instituted an investigation, and Philips later withdrew two of the four patents. On March 23, 2022, the ITC rendered a final determination that no violation of Section 337 has occurred. Philips did not appeal and elected to resume litigation with its case in federal court. Philips seeks unspecified damages and an injunction against HP, and the prior stay has been lifted. On August 10, 2023, HP filed a motion for summary judgment of indefiniteness for all asserted claims. On July 1, 2024, the district court denied the motion without prejudice to renew. Philips conveyed the patents asserted in the district court action to Media Content Protection LLC (“MCP”), and MCP was substituted as plaintiff in place of Philips. As of November 25, 2025, the district court has ruled that all patents asserted against HP are invalid under 35 U.S.C. § 101, subject to appeal. York County on behalf of the County of York Retirement Fund v. HP Inc., et al., and related proceedings. On November 5, 2020, York County, on behalf of the County of York Retirement Fund, filed a putative class action complaint against HP, Dion Weisler, and Catherine Lesjak in federal court in the Northern District of California. The court appointed Maryland Electrical Industry Pension Fund as Lead Plaintiff. Lead Plaintiff filed a consolidated complaint, which additionally names as defendants Enrique Lores and Richard Bailey. The complaint alleges, among other things, that from November 5, 2015 to June 21, 2016, HP and the named current and former officers violated Sections 10(b) and 20(a) of the Exchange Act by concealing material information and making false statements about HP’s printing supplies business (“Securities Class Action”). Plaintiffs seek compensatory damages and other relief. HP and the named officers filed a motion to dismiss the complaint for failure to state a claim upon which relief can be granted. On March 3, 2022, the court granted the motion to dismiss with prejudice. Plaintiffs appealed the decision. On April 11, 2023, the appellate court reversed the district court’s decision and remanded the case to the district court for further proceedings consistent with the appellate opinion, including consideration of HP’s other arguments for dismissal. On July 21, 2023, HP and the named officers filed a renewed motion to dismiss. On March 27, 2024, the district court issued an order granting in part and denying in part the motion to dismiss. On August 8, 2024, the Court of Appeals for the Ninth Circuit granted HP’s petition for permission to appeal. On October 28, 2024, HP filed its appeal, which is awaiting appellate court oral argument that has not yet been scheduled. On July 28, 2025, the parties executed a binding term sheet containing the material terms of a proposed settlement. On August 19, 2025, the parties filed a stipulation of settlement and motion for preliminary approval of settlement in the district court. On September 22, 2025, the district court entered an order preliminarily approving the settlement. On May 17, 2021, stockholder Scott Franklin filed a derivative complaint against certain current and former officers and directors in federal court in the District of Delaware. Plaintiff purports to bring the action on behalf of HP, which he has named as a nominal defendant, and he makes substantially the same factual allegations as in the York County securities complaint, bringing claims for breach of fiduciary duty and violations of securities laws. The derivative plaintiff seeks compensatory damages, governance reforms, and other relief. By court order following stipulations by the parties, the case was transferred to the Northern District of California, and the case was stayed pending a ruling on the motion to dismiss in York County and exhaustion of all related appeals. On January 13, 2022, stockholder Gerald Lovoi filed a derivative complaint in federal court in the Northern District of California against the same current and former officers and directors named in the Franklin action. The complaint alleges the same basic claims based on the same alleged conduct as the Franklin action and seeks similar relief. By stipulation of the parties, the Lovoi action was stayed pending a ruling on the motion to dismiss in York County and exhaustion of all related appeals. On May 31, 2024, the court adopted a stipulation in which the derivative plaintiffs and defendants agreed to consolidate the derivative proceedings, close the Lovoi action, and extend the current stay through summary judgment in the Securities Class Action. Legal Proceedings re Authentication of Supplies. Since 2016, HP has from time to time been named in civil litigation, or been the subject of government investigations, involving supplies authentication protocols used in certain HP printers in multiple geographies, including but not limited to the United States, Italy, Israel, the Netherlands, Australia and New Zealand. The supplies authentication protocols are often referred to as Dynamic Security. The core allegations in these proceedings claim misleading or inadequate consumer notifications and permissions pertaining to the use of Dynamic Security, the installation of firmware updates, or the potential inability of cartridges with clone chips or circuitry to work in HP printers with Dynamic Security. Plaintiffs base or have based their claims on various legal theories, including but not limited to unfair competition, computer trespass, and similar statutory claims. Among other relief, Plaintiffs have sought or seek money damages and in certain cases have or may seek injunctive relief against the use or operation of Dynamic Security or relief requiring interoperability. If HP is not successful in its defense of these cases or investigations, it could be subject to damages, penalties, significant settlement demands, or injunctive relief that may be costly or may disrupt operations. Certain of these proceedings in the United States, Italy, the Netherlands, Israel, Australia and New Zealand have been resolved, have concluded, or have concluded subject only to HP’s pending appeal. Digital Revolution B.V. (trading as 123Inkt) filed civil litigation, including competition claims, against HP Nederlands B.V., et al. (Netherlands) in March 2020, HP substantially prevailed before the trial court, and both parties appealed. On November 19, 2024, the court of appeal issued a decision rejecting competition claims against HP and providing that use of Dynamic Security by HP is not unlawful. On February 18, 2025, Digital Revolution filed a cassation appeal against the decision before the Dutch Supreme Court. In addition, a putative class action was filed against HP in federal court in Illinois in January 2024, arising out of the use of Dynamic Security firmware updates in HP printers. Plaintiffs seek compensatory damages, restitution, injunctive relief against alleged unfair and anticompetitive business practices, and other relief. On September 30, 2025, the court dismissed the complaint in its entirety but gave plaintiffs leave to file an amended complaint. The case is in its early stages. Autonomy-Related Legal Proceedings. In 2015, four former Hewlett Packard Company subsidiaries that became subsidiaries of Hewlett Packard Enterprise at the time of the Separation (Autonomy Corporation Limited, Hewlett Packard Vision BV, Autonomy Systems Limited, and Autonomy, Inc., hereinafter the “Claimants”) initiated civil proceedings in the U.K. High Court of Justice against two members of Autonomy’s former management, Michael Lynch and Sushovan Hussain, for breach of their fiduciary duties in causing Autonomy group companies to engage in improper transactions and accounting practices before and in connection with the 2011 acquisition of Autonomy. Trial concluded in January 2020. In May 2022, the court issued its liability judgment, finding that the Claimants had succeeded on substantially all claims and that Messrs. Lynch and Hussain engaged in fraud, and dismissing a counterclaim filed by Mr. Lynch. The court deferred the issue of damages to further proceedings, but indicated that damages awarded may be substantially less than was claimed. In February 2024, the court held a two-week trial on damages, the Claimants sought recovery for $4 billion in losses, and the court took the issue under advisement. In May 2025, Claimants reached an agreement with Mr. Hussain to resolve claims against him. On July 22, 2025, the court issued its ruling on the quantum of damages, finding that the Lynch estate owed approximately 740 million pounds. The court set a hearing for the week of November 17, 2025, to address additional matters, including attorneys’ fees, pre-judgment interest, and the relevant date to use for the exchange rate to convert the recovery from pounds to dollars. The damages award is also subject to a set-off for prior settlements. Litigation is unpredictable, and there can be no assurance of a recovery. Any amount ultimately recovered would be recorded in the period received. No adjustment has been recorded in the financial statements in relation to this potential recovery. Pursuant to the terms of the separation and distribution agreement, HP and Hewlett Packard Enterprise will share equally in any recovery. Litigation with Wilus Institute of Standards and Technology, Inc. and Sisvel International S.A. Since September 13, 2024, Wilus Institute of Standards and Technology, Inc. (“Wilus”) has filed three patent infringement lawsuits against HP in the Eastern District of Texas seeking monetary damages, injunctions and other relief. The complaints allege that HP products, that are compliant with the Wi-Fi 6 (801.11.ax) standard, infringe patents owned by Wilus. Wilus is a member of the Wi-Fi 6 patent pool administered by Sisvel International S.A. (“Sisvel”), and the patents at issue in the lawsuits are in the Sisvel Wi-Fi 6 patent pool. In December 2024, HP answered the complaints and filed counterclaims against Wilus and Sisvel, alleging that Wilus and Sisvel violated their obligations to license standard-essential patents on fair, reasonable and non-discriminatory (“FRAND”) terms, and seeking a court determination of the proper FRAND rate. As of August 8, 2025, another Sisvel Wi-Fi 6 pool member Koniklijke Philips N.V. and its affiliate Philips GmbH (together, “Philips”) filed three lawsuits against HP Inc., HP Deutschland GmbH and HP International SARL, in the State Court in Munich, Germany asserting pool patents related to Wi-Fi 6 standards. Philips seeks an injunction, reporting, damages and product recall in two of its claims and hearings are scheduled on May 21, 2026 and June 11, 2026. The third claim relates to an expired patent for which Philips seeks damages, and a hearing is scheduled on July 30, 2026. As of August 26, 2025, another pool member, Huawei Technologies Co. Ltd (“Huawei”), filed two lawsuits against HP Inc. and HP Deutschland GmbH in the State Court in Munich, Germany, asserting pool patents related to Wi-Fi 6 standards. Relief sought includes an injunction, reporting, damages, product recall and/or destruction of inventory, and a hearing has been set in one case for March 26, 2026. In October, Sisvel and HP reached agreement to resolve all patent litigation with Sisvel and Sisvel Wi-Fi 6 pool members related to Wi-Fi 6, and all pending proceedings are in the process of being dismissed. Environmental HP is, and may become a party to, proceedings brought by U.S., state, or other governmental entities or private third parties under federal, state, local, or foreign environmental laws, including the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”), known as “Superfund,” or state laws similar to CERCLA. HP is also conducting environmental investigations or remediation at several current or former operating sites and former disposal sites pursuant to administrative orders or consent agreements with environmental agencies.
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Guarantees, Indemnifications and Warranties |
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| Guarantees, Indemnifications and Warranties | Guarantees, Indemnifications and Warranties Guarantees In the ordinary course of business, HP may issue performance guarantees to certain of its clients, customers and other parties pursuant to which HP has guaranteed the performance obligations of third parties. Some of those guarantees may be backed by standby letters of credit or surety bonds. In general, HP would be obligated to perform over the term of the guarantee in the event a specified triggering event occurs as defined by the guarantee. HP believes the likelihood of having to perform under a material guarantee is remote. Cross-Indemnifications with Hewlett Packard Enterprise On November 1, 2015, Hewlett-Packard Company completed the separation of Hewlett Packard Enterprise, Hewlett-Packard Company’s former enterprise technology infrastructure, software, services and financing businesses. The separation and distribution agreement provides for cross-indemnities between HP and Hewlett Packard Enterprise for liabilities allocated to the respective party pursuant to the terms of such agreement. For information on cross-indemnifications with Hewlett Packard Enterprise for litigation matters, see Note 14, “Litigation and Contingencies”. Indemnifications In the ordinary course of business, HP enters into contractual arrangements under which HP may agree to indemnify a third-party to such arrangement from any losses incurred relating to the services they perform on behalf of HP or for losses arising from certain events as defined within the particular contract, which may include, for example, litigation or claims relating to past performance. HP also provides indemnifications to certain vendors and customers against claims of intellectual property infringement made by third parties arising from the vendors’ and customers’ use of HP’s software products and services and certain other matters. Some indemnifications may not be subject to maximum loss clauses. Historically, payments made related to these indemnifications have been immaterial. HP records tax indemnification receivables from various third parties for certain tax liabilities that HP is jointly and severally liable for, but for which it is indemnified by those same third parties under existing legal agreements. HP records a tax indemnification payable to various third parties under these agreements when management believes that it is both probable that a liability has been incurred and the amount can be reasonably estimated. The actual amount that the third parties pay or may be obligated to pay HP could vary depending on the outcome of certain unresolved tax matters, which may not be resolved for several years. Warranties HP accrues the estimated cost of product warranties at the time it recognizes revenue. HP engages in extensive product quality programs and processes, including actively monitoring and evaluating the quality of its component suppliers; however, contractual warranty terms, repair costs, product call rates, average cost per call, current period product shipments and ongoing product failure rates, as well as specific product class failures outside of HP’s baseline experience, affect the estimated warranty obligation. HP’s aggregate product warranty liabilities and changes were as follows:
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Commitments |
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| Commitments and Contingencies Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Commitments | Commitments Unconditional Purchase Obligations HP’s unconditional purchase obligations include agreements to purchase goods or services that are enforceable and legally binding on HP and that specify all significant terms, including fixed or minimum quantities to be purchased, fixed, minimum or variable price and volume provisions and the approximate timing of the transaction. These unconditional purchase obligations are primarily related to inventory and service support. Unconditional purchase obligations exclude agreements that are cancellable without penalty. As of October 31, 2025, unconditional purchase obligations were as follows:
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Leases |
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| Leases | Leases As a lessee, HP determines, at lease inception, whether or not an arrangement contains a lease. A significant portion of the operating lease portfolio includes real estate leases. Additionally, HP has identified embedded operating leases within certain outsourced supply chain contracts. Leasing arrangements have a remaining lease term ranging from 1 to approximately 15 years with varying renewal and termination options. Substantially all of HP’s leases are considered operating leases. Finance leases, short-term leases and sub-lease income were not material as of October 31, 2025 and 2024 or for fiscal years ended October 31, 2025 and 2024, respectively. Lease terms include options to extend or terminate the lease when it is reasonably certain that HP will exercise such options. HP generally considers the economic life of the ROU assets to be comparable to the useful life of similar owned assets. HP’s leases generally do not provide a residual guarantee. Operating leases are included in , and . Finance leases are included in Property, plant and equipment, net, Notes payable and short-term borrowings and Long-term debt in the Consolidated Balance Sheets. As most of the leases do not provide an implicit interest rate, HP uses the incremental borrowing rate based on the information available at the commencement date of a lease in determining the present value of lease payments. The incremental borrowing rate is determined based on the rate of interest that HP would have to pay to borrow an amount equal to the lease payments on a collateralized basis over a similar term. HP uses the unsecured borrowing rate and risk-adjusts that rate to approximate a collateralized rate. HP has elected the practical expedient to combine lease and non-lease components as a single lease element for its real estate leases and certain outsourced warehousing contracts in calculating the ROU assets and lease liabilities. Where HP chooses not to combine the lease and non-lease components, HP allocates contract consideration to the lease and non-lease components based on relative standalone prices. HP reviews the impairment of the ROU assets consistent with the approach applied for other long-lived assets. The components of lease expense are as follows:
All lease expenses, including variable lease costs, are primarily included in Cost of net revenue and Selling, general and administrative expenses in the Consolidated Statements of Earnings based on the use of the facilities. Variable lease expense relates primarily to leased real estate utilized for office space and outsourced warehousing. These costs primarily include adjustments for inflation, payments dependent on a rate or index or usage of asset and common area maintenance charges. These costs are not included in the lease liability and are recognized in the period in which they are incurred. The following table presents supplemental information relating to the cash flows arising from lease transactions. Cash payments made from variable lease costs and short-term leases are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below:
(1) Includes the impact of new leases as well as remeasurements and modifications to existing leases. Weighted-average information associated with the measurement of our remaining operating lease liabilities is as follows:
The following maturity analysis presents expected undiscounted cash outflows for operating leases on an annual basis for the next five years:
There were no material operating leases that HP had entered into and that were yet to commence as of October 31, 2025. As a lessor, HP records revenue under sales-type leases at the commencement of the lease. Revenue recognized from sales-type leases constituted less than one percent of product net revenue for fiscal years 2025, 2024 and 2023 respectively. As of October 31, 2025 and 2024, the net investment in leases balance were $859 million and $705 million, respectively.
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Insider Trading Arrangements |
3 Months Ended |
|---|---|
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Oct. 31, 2025
shares
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| Trading Arrangements, by Individual | |
| Non-Rule 10b5-1 Arrangement Adopted | false |
| Rule 10b5-1 Arrangement Terminated | false |
| Non-Rule 10b5-1 Arrangement Terminated | false |
| Alex Cho [Member] | |
| Trading Arrangements, by Individual | |
| Material Terms of Trading Arrangement | Our directors and officers (as defined in Exchange Act Rule 16a-1(f)) may from time to time enter into plans or other arrangements for the purchase or sale of our shares that are intended to satisfy the affirmative defense conditions of Rule 10b5–1(c) or may represent a non-Rule 10b5-1 trading arrangement under the Exchange Act. On September 4, 2025, Alex Cho, our then President, Personal Systems, adopted a written plan for the sale of up to (i) 86,569 shares of our common stock underlying employee stock options; and (ii) 53,221 shares of our common stock underlying performance adjusted restricted stock units, plus any additional shares that vest based on the achievement of the relevant performance criteria. The plan is scheduled to commence on December 8, 2025 and is scheduled to expire on December 11, 2025, or on any earlier date on which all of the shares have been sold. This plan is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
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| Name | Alex Cho |
| Title | President, Personal Systems |
| Rule 10b5-1 Arrangement Adopted | true |
| Adoption Date | September 4, 2025 |
| Expiration Date | December 11, 2025 |
| Arrangement Duration | 3 days |
| Alex Cho Trading Arrangement, Common Stock Underlying Employee Stock Options [Member] | Alex Cho [Member] | |
| Trading Arrangements, by Individual | |
| Aggregate Available | 86,569 |
| Alex Cho Trading Arrangement, Common Stock Underlying Performance Adjusted Restricted Stock Units [Member] | Alex Cho [Member] | |
| Trading Arrangements, by Individual | |
| Aggregate Available | 53,221 |
Insider Trading Policies and Procedures |
12 Months Ended |
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Oct. 31, 2025 | |
| Insider Trading Policies and Procedures [Line Items] | |
| Insider Trading Policies and Procedures Adopted | true |
Cybersecurity Risk Management and Strategy Disclosure |
12 Months Ended |
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Oct. 31, 2025 | |
| Cybersecurity Risk Management, Strategy, and Governance [Line Items] | |
| Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block] | HP’s work to defend against cybersecurity threats is occurring against the backdrop of an evolving global threat landscape. Like other Fortune 500 companies, we face a substantial number of cybersecurity threats—ranging from common cyberattacks such as phishing to more evolved threats that incorporate the use of AI. Our products and processes pose an attractive challenge for the most advanced of threat actors—including but not limited to those who are state-sponsored. As a global corporation with a wide range of systems and networks in place, and with customers who threat actors might also wish to target, we could face attacks not only on our own structures, but also on those of our many third-party providers and partners. In response to this threat environment, we have implemented a comprehensive cybersecurity program to assess, identify, and manage risks from cybersecurity threats. Our holistic approach is designed to integrate cybersecurity across the value chain, including in the design, development, and delivery of our products, services, solutions, and operations. Our Chief Information Security Officer (“CISO”), who has extensive cybersecurity knowledge and skills gained from over 20 years of experience as a CISO at the Company and elsewhere, has responsibility for HP’s global cybersecurity program, including infrastructure and technology platforms, overseeing governance, regulatory and compliance, operations, strategy, and architecture. The CISO reports to our Chief Financial Officer. This role is responsible for building out a cybersecurity organization that is designed to enable robust security coupled with productivity for more than 70,000 global employees, contractors, and partners. The CISO supports HP’s business acceleration and transformation by identifying and managing cybersecurity risks, balancing them with business priorities, and using a contemporary security posture to support HP’s position as an industry leader. As part of this, the CISO receives reports on cybersecurity threats from a number of experienced information security officers responsible for various parts of the business on an ongoing basis and in conjunction with management, regularly reviews risk management measures implemented by the Company to identify and mitigate data protection and cybersecurity risks. Our cybersecurity organization collaborates heavily with technology, business and legal stakeholders to enable secure business strategy, maintain, and grow proper security oversight, enhance security monitoring and response, and quantify and reduce risks and compliance gaps. There are six key focus areas within the cybersecurity organization: enterprise security operations, architecture and security engineering, identity access management, IT risk management and compliance, governance, risk and compliance, and strategy and program delivery. Additionally, we aim to incorporate a broad range of industry-standard cybersecurity best practices throughout our cybersecurity organization. These include, among other things: •an insider threat program that coordinates resources to discourage, identify, and mitigate cybersecurity threats; •regular audits of HP cybersecurity systems and annual risk assessments of related HP systems and processes, including our information security management systems; •an incident response plan that sets out a coordinated approach to investigating, containing, documenting and mitigating incidents, including reporting findings and keeping senior management and other key stakeholders informed and involved as appropriate; •annual and ongoing security awareness training for employees; •a cybersecurity/information security policy, as well as an acceptable use policy that defines the permitted usage of company-provided technology and contains consequences for noncompliance; •company-wide privacy policies as well as a physical security program that secures our offices and data center facilities; •systems and processes designed to oversee, identify, and reduce the potential impact of a security incident at a third-party vendor, service provider or customer or otherwise implicating the third-party technology and systems we use; and •engagement with industry peers and participation in cybersecurity forums to share knowledge and learn from best practices. On an annual basis, the cybersecurity organization also enlists the aid of an independent third party to assess our alignment with the National Institute of Standards & Technology’s Cyber Security Framework. The assessment examines our information/cybersecurity program and its associated controls and delivers a report that documents assessment results and provides recommendations for further enhancements. The cybersecurity organization is responsible for presenting an overview of the Cybersecurity Risk Assessment Report to the Board of Directors on at least an annual basis, and the HP executive leadership team is heavily involved in implementing and resolving recommendations. From time to time, we also engage assessors, consultants, auditors, or other third parties to assist with assessing, identifying, and managing cybersecurity risks. Our cybersecurity risks are evaluated by senior leadership, including as part of our enterprise risk assessments that are reviewed by the Audit Committee and our Board of Directors, and our Internal Audit function, which is an objective, independent assurance and advisory organization that helps HP achieve business objectives and conducts regular assessments, audits, and testing of the cybersecurity program and its associated controls. As of the date of this Form 10-K, risks from cybersecurity threats, including as a result of any previous cybersecurity incidents, have not materially affected us, including our business strategy, results of operations or financial condition. However, there can be no guarantee that we will not experience such an event moving forward and if realized, these risks are reasonably likely to materially affect us. Additional information on cybersecurity risks we face can be found in “Risk Factors” in Item 1A of Part I of this report under the heading “System security risks, data protection breaches, cyberattacks, system outages and systems integration issues could disrupt our internal operations or services provided to customers, and could reduce our revenue, increase our expenses, damage our reputation and adversely affect our cash flows and stock price,” which should be read in conjunction with the foregoing information.
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| Cybersecurity Risk Management Processes Integrated [Flag] | true |
| Cybersecurity Risk Management Processes Integrated [Text Block] | HP’s work to defend against cybersecurity threats is occurring against the backdrop of an evolving global threat landscape. Like other Fortune 500 companies, we face a substantial number of cybersecurity threats—ranging from common cyberattacks such as phishing to more evolved threats that incorporate the use of AI. Our products and processes pose an attractive challenge for the most advanced of threat actors—including but not limited to those who are state-sponsored. As a global corporation with a wide range of systems and networks in place, and with customers who threat actors might also wish to target, we could face attacks not only on our own structures, but also on those of our many third-party providers and partners. In response to this threat environment, we have implemented a comprehensive cybersecurity program to assess, identify, and manage risks from cybersecurity threats. Our holistic approach is designed to integrate cybersecurity across the value chain, including in the design, development, and delivery of our products, services, solutions, and operations.
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| Cybersecurity Risk Management Third Party Engaged [Flag] | true |
| Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] | true |
| Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] | false |
| Cybersecurity Risk Board of Directors Oversight [Text Block] | Our Board, in coordination with the Audit Committee, oversees the Company’s enterprise risk management process, including the management of risks arising from cybersecurity threats. Our Board has delegated the primary responsibility to oversee cybersecurity matters to the Audit Committee. The Board and Audit Committee regularly review the measures implemented by the Company to identify and mitigate data protection and cybersecurity risks. As part of such reviews, the Board and Audit Committee regularly receive reports and presentations from management regarding our information and technology security program, including the CISO, which address a wide range of topics including recent developments, evolving standards, vulnerability assessments, third-party and independent reviews, the threat environment, technological trends and information security considerations arising with respect to the Company’s peers and third parties. We have protocols by which certain cybersecurity incidents that meet established reporting thresholds are escalated within the Company and, where appropriate, reported promptly to the Board and Audit Committee, as well as ongoing updates regarding any such incident until it has been addressed.
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| Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] | Our Board, in coordination with the Audit Committee, oversees the Company’s enterprise risk management process, including the management of risks arising from cybersecurity threats |
| Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] | The Board and Audit Committee regularly review the measures implemented by the Company to identify and mitigate data protection and cybersecurity risks |
| Cybersecurity Risk Role of Management [Text Block] | Our Board has delegated the primary responsibility to oversee cybersecurity matters to the Audit Committee. The Board and Audit Committee regularly review the measures implemented by the Company to identify and mitigate data protection and cybersecurity risks. As part of such reviews, the Board and Audit Committee regularly receive reports and presentations from management regarding our information and technology security program, including the CISO, which address a wide range of topics including recent developments, evolving standards, vulnerability assessments, third-party and independent reviews, the threat environment, technological trends and information security considerations arising with respect to the Company’s peers and third parties. We have protocols by which certain cybersecurity incidents that meet established reporting thresholds are escalated within the Company and, where appropriate, reported promptly to the Board and Audit Committee, as well as ongoing updates regarding any such incident until it has been addressed. |
| Cybersecurity Risk Management Positions or Committees Responsible [Flag] | true |
| Cybersecurity Risk Management Positions or Committees Responsible [Text Block] | Our Board, in coordination with the Audit Committee, oversees the Company’s enterprise risk management process, including the management of risks arising from cybersecurity threats. Our Board has delegated the primary responsibility to oversee cybersecurity matters to the Audit Committee. The Board and Audit Committee regularly review the measures implemented by the Company to identify and mitigate data protection and cybersecurity risks. As part of such reviews, the Board and Audit Committee regularly receive reports and presentations from management regarding our information and technology security program, including the CISO, which address a wide range of topics including recent developments, evolving standards, vulnerability assessments, third-party and independent reviews, the threat environment, technological trends and information security considerations arising with respect to the Company’s peers and third parties. We have protocols by which certain cybersecurity incidents that meet established reporting thresholds are escalated within the Company and, where appropriate, reported promptly to the Board and Audit Committee, as well as ongoing updates regarding any such incident until it has been addressed.
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| Cybersecurity Risk Management Expertise of Management Responsible [Text Block] | Our Chief Information Security Officer (“CISO”), who has extensive cybersecurity knowledge and skills gained from over 20 years of experience as a CISO at the Company and elsewhere, has responsibility for HP’s global cybersecurity program, including infrastructure and technology platforms, overseeing governance, regulatory and compliance, operations, strategy, and architecture. |
| Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] | The Board and Audit Committee regularly review the measures implemented by the Company to identify and mitigate data protection and cybersecurity risks. As part of such reviews, the Board and Audit Committee regularly receive reports and presentations from management regarding our information and technology security program, including the CISO, which address a wide range of topics including recent developments, evolving standards, vulnerability assessments, third-party and independent reviews, the threat environment, technological trends and information security considerations arising with respect to the Company’s peers and third parties. We have protocols by which certain cybersecurity incidents that meet established reporting thresholds are escalated within the Company and, where appropriate, reported promptly to the Board and Audit Committee, as well as ongoing updates regarding any such incident until it has been addressed. |
| Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] | true |
Summary of Significant Accounting Policies (Policies) |
12 Months Ended |
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Oct. 31, 2025 | |
| Accounting Policies [Abstract] | |
| Basis of Presentation | Basis of Presentation The accompanying Consolidated Financial Statements of HP and its wholly-owned subsidiaries are prepared in conformity with U.S. GAAP.
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| Principles of Consolidation | Principles of Consolidation The Consolidated Financial Statements include the accounts of HP and its subsidiaries and affiliates in which HP has a controlling financial interest or is the primary beneficiary. All intercompany balances and transactions have been eliminated.
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| Reclassifications | Reclassifications HP has reclassified certain prior-year amounts to conform to the current-year presentation.
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| Use of Estimates | Use of Estimates The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in HP’s Consolidated Financial Statements and accompanying notes. Actual results may differ materially from those estimates.
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| Foreign Currency Translation | Foreign Currency Translation HP predominantly uses the U.S. dollar as its functional currency. Assets and liabilities denominated in non-U.S. dollars are remeasured into U.S. dollars at current exchange rates for monetary assets and liabilities and at historical exchange rates for non-monetary assets and liabilities. Net revenue, costs and expenses denominated in non-U.S. dollars are recorded in U.S. dollars at exchange rates in effect during each period. HP includes gains or losses from foreign currency remeasurement in Interest and other, net in the Consolidated Statements of Earnings. Certain foreign subsidiaries designate the local currency as the functional currency, and HP records the translation of their assets and liabilities into U.S. dollars at the balance sheet dates as translation adjustments and includes them as a component of Accumulated other comprehensive loss.
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| Recently Adopted Accounting Pronouncements and Recently Issued Accounting Pronouncements Not Yet Adopted | Recently Adopted Accounting Pronouncements In September 2022, the Financial Accounting Standards Board (“FASB”) issued guidance that enhances the transparency about the use of supplier finance programs. Under the new guidance, companies that use a supplier finance program in connection with the purchase of goods or services are required to disclose information about those programs to allow users of financial statements to understand the nature, activity during the period, changes from period to period, and potential magnitude. HP adopted this guidance in the first quarter of fiscal year 2024, except for the disclosure on roll forward information which was adopted for its annual period ending October 31, 2025, in line with the effective adoption dates prescribed by the FASB. See Note 7, “Supplementary Financial Information,” for additional disclosure related to HP’s supplier finance programs. In November 2023, the FASB issued guidance that updates reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses and information used to assess segment performance on an annual and interim basis. HP adopted this guidance for its annual period ending October 31, 2025. While the adoption of this standard did not have a material impact on the Company’s Consolidated Financial Statements, the new guidance resulted in increased disclosures on reportable segments in Note 2 of the Notes to the Consolidated Financial Statements. Recently Issued Accounting Pronouncements Not Yet Adopted In November 2024, the FASB issued guidance that requires disaggregation of specific expense categories in disclosures within the footnotes to the financial statements on an annual and interim basis. HP is required to adopt this guidance for its annual period ending October 31, 2028 and all interim periods thereafter on a prospective basis. Early adoption is permitted. HP is currently evaluating the impact of this guidance on its disclosures. In December 2023, the FASB issued guidance that enhances the transparency of income tax disclosures by expanding annual disclosure requirements related to the rate reconciliation and income taxes paid. HP is required to adopt this guidance for its annual period ending October 31, 2026, which will result in increased disclosures in the Notes to its Consolidated Financial Statements.
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| Revenue Recognition | Revenue Recognition General HP recognizes revenues at a point in time or over time depicting the transfer of promised goods or services to customers in an amount that reflects the consideration to which HP expects to be entitled in exchange for those goods or services. HP follows the five-step model for revenue recognition as summarized below: 1.Identify the contract with a customer - A contract with customer exists when (i) it is approved and signed by all parties, (ii) each party’s rights and obligations can be identified, (iii) payment terms are defined, (iv) it has commercial substance and (v) the customer has the ability and intent to pay. HP evaluates customers’ ability to pay based on various factors like historical payment experience, financial metrics and customer credit scores. While the majority of our sales contracts contain standard terms and conditions, there are certain contracts with non-standard terms and conditions. 2.Identify the performance obligations in the contract - HP evaluates each performance obligation in an arrangement to determine whether it is distinct, such as hardware and/or service. A performance obligation constitutes distinct goods or services when the customer can benefit from such goods or services either on its own or together with other resources that are readily available to the customer and the performance obligation is distinct within the context of the contract. 3.Determine the transaction price - Transaction price is the amount of consideration to which HP expects to be entitled in exchange for transferring goods or services to the customer. If the transaction price includes a variable amount, HP estimates the amount it expects to be entitled to using either the expected value or the most likely amount method. HP reduces the transaction price at the time of revenue recognition for customer and distributor programs and incentive offerings, rebates, promotions, and other volume-based incentives. HP uses estimates to determine the expected variable consideration for such programs based on factors like historical experience, expected consumer behavior and market conditions. HP has elected the practical expedient of not accounting for significant financing components if the period between revenue recognition and when the customer pays for the product or service is one year or less. 4.Allocate the transaction price to performance obligations in the contract - When a sales arrangement contains multiple performance obligations, such as hardware and/or services, HP allocates the transaction price to each performance obligation in proportion to its Standalone Selling Price (“SSP”). HP establishes SSP using the price charged for a performance obligation when sold separately (“observable price”) and, in some instances, using the price established by management having the relevant authority. When observable price is not available, HP establishes SSP maximizing the use of observable inputs based on management judgment while considering internal factors such as historical discounting trends for products and services, pricing practices and other observable factors. 5.Recognize revenue when (or as) the performance obligation is satisfied - Revenue is recognized when, or as, a performance obligation is satisfied by transferring control of a promised good or service to a customer. HP generally invoices the customer upon delivery of the goods or services and the payments are due as per contract terms. For fixed price support or maintenance contracts that are stand-ready obligations, payments are generally received in advance from customers and revenue is recognized on a straight-line basis over the duration of the contract. HP reports revenue net of any taxes collected from customers and remitted to government authorities, and the collected taxes are recorded as other current liabilities until remitted to the relevant government authority. HP includes costs related to shipping and handling in Cost of net revenue. HP records revenue on a gross basis when HP is a principal in the transaction and on a net basis when HP is acting as an agent between the customer and the vendor. HP considers several factors to determine whether it is acting as a principal or an agent, most notably whether HP is the primary obligor to the customer, has established its own pricing and has inventory risks. Hardware HP transfers control of the products to the customer at the time the product is delivered to the customer and recognizes revenue accordingly, unless customer acceptance is uncertain or significant obligations to the customer remain unfulfilled. HP records revenue from the sale of equipment under sales-type leases as revenue at the commencement of the lease. Services HP recognizes revenue from fixed-price support, maintenance and other service contracts over time depicting the pattern of service delivery and recognizes the costs associated with these contracts as incurred. Contract Assets and Liabilities Contract assets are rights to consideration in exchange for goods or services that HP has transferred to a customer when such right is conditional on something other than the passage of time. Such contract assets are not material to HP’s Consolidated Financial Statements. Contract liabilities are recorded as deferred revenues when amounts invoiced to customers are more than the revenues recognized or when payments are received in advance for fixed-price support or maintenance contracts. The short-term and long-term deferred revenues are reported within the Other current liabilities and Other non-current liabilities respectively. Cost to obtain a contract and fulfillment cost Incremental direct costs of obtaining a contract primarily consist of sales commissions. HP has elected the practical expedient to expense as incurred the costs to obtain a contract with a benefit period equal to or less than one year. For contracts with a period of benefit greater than one year, HP capitalizes incremental costs of obtaining a contract with a customer and amortizes these costs over their expected period of benefit provided such costs are recoverable. Fulfillment costs consist of set-up and transition costs related to other service contracts. These costs generate or enhance resources of HP that will be used in satisfying the performance obligation in the future and are capitalized and amortized over the expected period of the benefit, provided such costs are recoverable.
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| Leases | Leases At the inception of a contract, HP assesses whether the contract is, or contains, a lease. The assessment is based on (1) whether the contract involves the use of a distinct identified asset, (2) whether HP obtains the right to substantially all the economic benefit from the use of the asset throughout the period, and (3) whether HP has the right to direct the use of the asset. All significant lease arrangements are recognized at lease commencement. Leases with a lease term of 12 months or less at inception are not recorded on the Consolidated Balance Sheets and are expensed on a straight-line basis over the lease term in the Consolidated Statement of Earnings. HP determines the lease term by assuming the exercise of renewal options that are reasonably certain. As most of the leases do not provide an implicit interest rate, HP uses the unsecured borrowing rate and risk-adjusts that rate to approximate a collateralized rate at the commencement date to determine the present value of future payments that are reasonably certain.
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| Stock-Based Compensation | Stock-Based Compensation HP determines stock-based compensation expense based on the measurement date fair value of the award. HP recognizes compensation cost only for those awards expected to meet the service and performance vesting conditions on a straight-line basis over the requisite service period of the award. HP determines compensation costs at the aggregate grant level for service-based awards and at the individual vesting tranche level for awards with performance and/or market conditions. HP estimates the forfeiture rate based on its historical experience.
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| Retirement and Post-Retirement Plans | Retirement and Post-Retirement Plans HP has various defined benefit, other contributory and non-contributory retirement and post-retirement plans. HP generally amortizes unrecognized actuarial gains and losses on a straight-line basis over the average remaining estimated service life of participants. In limited cases, HP amortizes actuarial gains and losses using the corridor approach. See Note 4, “Retirement and Post-Retirement Benefit Plans” for a full description of these plans and the accounting and funding policies.
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| Advertising Cost | Advertising Cost Costs to produce advertising are expensed as incurred during production. Costs to communicate advertising are expensed when the advertising is first run.
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| Restructuring and Other Charges | Restructuring and Other Charges HP records charges associated with management-approved restructuring plans to reorganize one or more of HP’s business segments, to remove duplicative headcount and infrastructure associated with business acquisitions or to simplify business processes and accelerate innovation. Restructuring charges can include severance costs to reduce a specified number of employees, enhanced early retirement incentives, infrastructure charges to vacate facilities and consolidate operations, and contract cancellation costs. HP records restructuring charges based on estimated employee terminations, committed early retirements and site closure and consolidation plans. HP accrues for severance and other employee separation costs under these actions when it is probable that benefits will be paid and the amount is reasonably estimable. The rates used in determining severance accruals are based on existing plans, historical experiences and negotiated settlements. Other charges include non-recurring costs, including those as a result of information technology rationalization efforts and transformation program management costs, and are distinct from ongoing operational costs. These costs primarily relate to third-party professional services and other non-recurring costs.
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| Taxes on Earnings | Taxes on Earnings HP recognizes deferred tax assets and liabilities for the expected tax consequences of temporary differences between the tax bases of assets and liabilities and their reported amounts using enacted tax rates in effect for the year the differences are expected to reverse. HP records a valuation allowance to reduce the deferred tax assets to the amount that is more likely than not to be realized. HP records accruals for uncertain tax positions when HP believes that it is not more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. HP makes adjustments to these accruals when facts and circumstances change, such as the closing of a tax audit or the refinement of an estimate. The provision for income taxes includes the effects of adjustments for uncertain tax positions, as well as any related interest and penalties. HP is subject to the Global Intangible Low-Taxed Income (“GILTI”) tax in the U.S. and elects to recognize these taxes as a current expense in the period incurred.
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| Accounts Receivable | Accounts Receivable HP records allowance for credit losses for the current expected credit losses inherent in the asset over its expected life. The allowance for credit losses is maintained based on the relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. HP records a specific reserve for individual accounts when HP becomes aware of specific customer circumstances, such as in the case of a bankruptcy filing or deterioration in the customer’s operating results or financial position. If there are additional changes in circumstances related to the specific customer, HP further adjusts estimates of the recoverability of receivables. HP assesses collectability by pooling receivables where similar risk characteristics exist. HP maintains an allowance for credit losses for all other customers based on a variety of factors, including the use of third-party credit risk models that generate quantitative measures of default probabilities based on market factors, financial condition of customers, length of time receivables are past due, trends in the weighted-average risk rating for the portfolio, macroeconomic conditions, information derived from competitive benchmarking, significant one-time events, and historical experience. The past due or delinquency status of a receivable is based on the contractual payment terms of the receivable. HP utilizes certain third-party arrangements in the normal course of business as part of HP’s cash and liquidity management and also to provide liquidity to certain partners to facilitate their working capital requirements. These financing arrangements, which in certain cases provide for partial recourse, result in the transfer of HP’s trade receivables to a third-party. HP reflects amounts transferred to, but not yet collected from the third-party in Accounts receivable in the Consolidated Balance Sheets. For arrangements involving an element of recourse, the fair value of the recourse obligation is measured using market data from similar transactions and reported as a current liability in the Consolidated Balance Sheets.
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| Concentrations of Risk | Concentrations of Risk Financial instruments that potentially subject HP to significant concentrations of credit risk consist principally of cash and cash equivalents, investments, receivables from trade customers and contract manufacturers and derivatives. HP maintains cash and cash equivalents, investments, derivatives and certain other financial instruments with various financial institutions. These financial institutions are located in many different geographic regions, and HP’s policy is designed to limit exposure from any particular institution. As part of its risk management processes, HP performs periodic evaluations of the relative credit standing of these financial institutions. HP has not sustained material credit losses from instruments held at these financial institutions. HP utilizes derivative contracts to protect against the effects of foreign currency, interest rate and, on certain investment exposures. Such contracts involve the risk of non-performance by the counterparty, which could result in a material loss. The likelihood of which HP deems to be remote. HP sells a significant portion of its products through third-party distributors and resellers and, as a result, maintains individually significant receivable balances with these parties. If the financial condition or operations of these distributors’ and resellers’ aggregated business deteriorates substantially, HP’s operating results could be adversely affected. The ten largest distributor and reseller receivable balances, which were concentrated primarily in North America and Europe, collectively represented approximately 47% and 38% of gross accounts receivable as of October 31, 2025 and 2024, respectively. One customer, TD Synnex Corp, accounted for 12.6% of gross accounts receivable as of October 31, 2025 and 9.7% of gross accounts receivable as of October 31, 2024. Credit risk with respect to other accounts receivable is generally diversified due to HP’s large customer base and their dispersion across many different industries and geographic markets. HP performs ongoing credit evaluations of the financial condition of its third-party distributors, resellers and other customers and may require collateral, such as letters of credit and bank guarantees, in certain circumstances. HP utilizes outsourced manufacturers around the world to manufacture HP-designed products. HP may purchase product components from suppliers and sell those components to its outsourced manufacturers thereby creating receivable balances from the outsourced manufacturers. The three largest outsourced manufacturer receivable balances collectively represented 94% and 89% of HP’s supplier receivables of $0.6 billion and $0.8 billion as of October 31, 2025 and 2024, respectively. HP includes the supplier receivables in Other current assets in the Consolidated Balance Sheets on a gross basis. HP’s credit risk associated with these receivables is mitigated wholly or in part, by the amount HP owes to these outsourced manufacturers, as HP generally has the legal right to offset its payables to the outsourced manufacturers against these receivables. HP does not reflect the sale of these components in net revenue and does not recognize any profit on these component sales until the related products are sold by HP, at which time any profit is recognized as a reduction to cost of products net revenue. HP obtains a significant number of components from single source suppliers like Canon, due to technology, availability, price, quality or other considerations. The loss of a single source supplier, the deterioration of HP’s relationship with a single source supplier, or any unilateral modification to the contractual terms under which HP is supplied components by a single source supplier could adversely affect HP’s net revenue, cash flows and gross margins.
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| Inventory | Inventory HP records inventory at the lower of cost or net realizable value on a first-in, first-out basis. Cost is computed using standard cost which approximates actual cost. Adjustments, if required, to reduce the cost of inventory to net realizable value are made for estimated excess, obsolete or impaired balances after considering judgments related to future demand and market conditions.
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| Property, Plant and Equipment, Net | Property, Plant and Equipment, Net HP reflects property, plant and equipment at cost less accumulated depreciation. HP capitalizes additions and improvements and expenses maintenance and repairs as incurred. Depreciation expense is recognized on a straight-line basis over the estimated useful lives of the assets. Estimated useful lives are to 40 years for buildings and improvements and to 15 years for machinery and equipment. HP depreciates leasehold improvements over the life of the lease or the asset, whichever is shorter. HP depreciates equipment held for lease over the initial term of the lease to the equipment’s estimated residual value. On retirement or disposition, the asset cost and related accumulated depreciation are removed from the Consolidated Balance Sheets with any gain or loss recognized in the Consolidated Statements of Earnings.
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| Internal Use Software and Cloud Computing Arrangements | Internal Use Software and Cloud Computing Arrangements HP capitalizes external costs and directly attributable internal costs to acquire or create internal use software which are incurred subsequent to the completion of the preliminary project stage. These costs relate to activities such as software design, configuration, coding, testing, and installation. Costs related to post-implementation activities such as training and maintenance are expensed as incurred. Once the software is substantially complete and ready for its intended use, capitalized development costs are amortized straight-line over the estimated useful life of the software, generally not to exceed five years. HP also enters into certain cloud-based software hosting arrangements that are accounted for as service contracts. For internal-use software obtained through a hosting arrangement that is in the nature of a service contract, HP incurs certain implementation costs such as integrating, configuring, and software customization, which are consistent with costs incurred during the application development stage for on-premise software. HP applies the same guidance to determine costs that are eligible for capitalization. For these arrangements, HP amortizes the capitalized development costs straight-line over the fixed, non-cancellable term of the associated hosting arrangement plus any reasonably certain renewal periods. HP also applies the same impairment model to both internal-use software and capitalized implementation costs in a software hosting arrangement that is in the nature of a service contract.
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| Goodwill | Goodwill HP reviews goodwill for impairment annually during its fourth quarter and whenever events or changes in circumstances indicate the carrying amount of goodwill may not be recoverable. HP can elect to perform a qualitative assessment to test a reporting unit’s goodwill for impairment or directly perform the quantitative impairment test. Based on the qualitative assessment, if HP determines that the fair value of a reporting unit is more likely than not (i.e., a likelihood of more than 50 percent) to be less than its carrying amount, a quantitative impairment test will be performed. If a quantitative impairment test is performed, HP compares the fair value of each reporting unit to its carrying amount. The fair values are derived most significantly from the income approach, with lesser weight attributed to the market approach. Under the income approach, HP estimates the fair value of a reporting unit based on the present value of estimated future cash flows. Cash flow projections are based on management’s estimates of revenue growth rates and operating margins, taking into consideration industry and market conditions. The discount rate is based on the weighted-average cost of capital adjusted for the relevant risk associated with business-specific characteristics and the uncertainty related to the reporting unit’s ability to execute on the projected cash flows. Under the market approach, HP estimates fair value based on market multiples of earnings derived from comparable publicly-traded companies with similar operating and investment characteristics as the reporting unit. HP weights the fair value derived from the market approach depending on the level of comparability of these publicly-traded companies to the reporting unit. When market comparables are not meaningful or not available, HP estimates the fair value of a reporting unit using only the income approach. If the fair value of a reporting unit exceeds the carrying amount of the net assets assigned to that reporting unit, goodwill is not impaired. If the fair value of the reporting unit is less than its carrying amount, goodwill is impaired and the excess of the reporting unit’s carrying value over the fair value is recognized as an impairment loss.
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| Debt and Marketable Equity Securities Investments | Debt and Marketable Equity Securities Investments HP determines the appropriate classification of its investments at the time of purchase and re-evaluates the classifications at each balance sheet date. Debt and marketable equity securities are generally considered available-for-sale. All highly liquid investments with maturities of three months or less at the date of purchase are classified as cash equivalents. Marketable debt securities with maturities of twelve months or less are classified as short-term investments and marketable debt securities with maturities greater than twelve months are classified based on their availability for use in current operations. Marketable equity securities, including mutual funds, are classified as either short or long-term based on the nature of each security and its availability for use in current operations. Available-for-sale debt securities are reported at fair value with unrealized gains and losses, net of applicable taxes, in Accumulated other comprehensive loss. Unrealized gains and losses on equity securities, credit losses and impairments on available-for-sale debt securities are recorded in Consolidated Statements of Earnings. Realized gains and losses on available-for-sale securities are calculated at the individual security level and included in Interest and other, net in the Consolidated Statements of Earnings. HP monitors its investment portfolio for potential impairment and credit losses on a quarterly basis. If HP intends to sell a debt security or it is more likely than not that HP will be required to sell the security before recovery, then a decline in fair value below cost is recorded as an impairment charge in Interest and other, net and a new cost basis in the investment is established. In other cases, if the carrying amount of an investment in debt securities exceeds its fair value and the decline in value is determined to be due to credit related reasons, HP records a credit loss allowance, limited by the amount that fair value is less than the amortized cost basis. HP recognizes the corresponding charge in Interest and other, net and the remaining unrealized loss, if any, in Accumulated other comprehensive loss in the Consolidated Balance Sheets. Factors that HP considers while determining the credit loss allowance includes, but is not limited to, severity and the reason for the decline in value, interest rate changes and counterparty long-term ratings.
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| Derivatives | Derivatives HP uses derivative instruments, primarily forward contracts, option contracts, interest rate swaps, total return swaps, treasury rate locks and forward starting swaps to hedge certain foreign currency, interest rate and, return on certain investment exposures. HP also may use other derivative instruments not designated as hedges, such as forwards used to hedge foreign currency balance sheet exposures. HP does not use derivative instruments for speculative purposes. See Note 10, “Financial Instruments” for a full description of HP’s derivative instrument activities and related accounting policies.
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| Legal Contingencies | Legal Contingencies HP is involved in various lawsuits, claims, investigations and proceedings that arise in the ordinary course of business. HP records a liability for contingencies when it believes it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. See Note 14, “Litigation and Contingencies” for a full description of HP’s loss contingencies and related accounting policies.
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| Government Assistance | Government Assistance HP recognizes government assistance in its financial statements when there is reasonable assurance that the assistance will be received and HP will comply with the specified conditions thereof. Government assistance related to capital expenditures are deducted from property, plant and equipment, net and recognized in the Consolidated Statements of Earnings as a reduction to depreciation and amortization expense over the remaining useful life of the associated assets. Government assistance related to income are recognized in the Consolidated Statements of Earnings as a reduction to the related expenses, in the period the expenses are incurred, based on the underlying nature and purpose of the assistance.
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| Segment Information | The accounting policies HP uses to derive segment results are substantially the same as those used by HP in preparing these financial statements. HP derives the results of the business segments directly from its internal management reporting system. HP does not allocate certain operating expenses, which it manages at the corporate level, to its segments. These unallocated amounts include expenses such as certain corporate governance costs and infrastructure investments, stock-based compensation expense, restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets and certain litigation (charges) benefits, net.
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| Fair Value | Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the measurement date. Fair Value Hierarchy HP uses valuation techniques that are based upon observable and unobservable inputs. Observable inputs are developed using market data such as publicly available information and reflect the assumptions market participants would use, while unobservable inputs are developed using the best information available about the assumptions market participants would use. Assets and liabilities are classified in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement: Level 1—Quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2—Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability and market-corroborated inputs. Level 3—Unobservable inputs for the asset or liability. The fair value hierarchy gives the highest priority to observable inputs and lowest priority to unobservable inputs. Valuation Techniques Cash Equivalents and Investments: HP holds money market funds, mutual funds, other debt securities primarily consisting of corporate and foreign government notes and bonds, and common stock and equivalents. HP values cash equivalents and equity investments using quoted market prices, alternative pricing sources, including net asset value, or models utilizing market observable inputs. The fair value of debt investments is based on quoted market prices or model-driven valuations using inputs primarily derived from or corroborated by observable market data, and, in certain instances, valuation models that utilize assumptions which cannot be corroborated with observable market data. Derivative Instruments: HP uses industry standard valuation models to measure fair value. Where applicable, these models project future cash flows and discount the future amounts to present value using market-based observable inputs, including interest rate curves, HP and counterparty credit risk, foreign exchange rates, and forward and spot prices for currencies and interest rates. See Note 10, “Financial Instruments” for a further discussion of HP’s use of derivative instruments. Other Fair Value Disclosures Short- and Long-Term Debt: HP estimates the fair value of its debt primarily using an expected present value technique, which is based on observable market inputs using interest rates currently available to companies of similar credit standing for similar terms and remaining maturities and considering its own credit risk. The portion of HP’s debt that is hedged is reflected in the Consolidated Balance Sheets as an amount equal to the debt’s carrying amount and a fair value adjustment representing changes in the fair value of the hedged debt obligations arising from movements in benchmark interest rates. The fair value of HP’s short- and long-term debt was $9.6 billion as compared to its carrying amount of $9.7 billion as of October 31, 2025. The fair value of HP’s short- and long-term debt was $9.4 billion as compared to its carrying value of $9.7 billion at October 31, 2024. If measured at fair value in the Consolidated Balance Sheets, short- and long-term debt would be classified in Level 2 of the fair value hierarchy. Other Financial Instruments: For the balance of HP’s financial instruments, primarily accounts receivable, accounts payable and financial liabilities included in Other current liabilities on the Consolidated Balance Sheets, the carrying amounts approximate fair value due to their short-term maturities. If measured at fair value in the Consolidated Balance Sheets, these other financial instruments would be classified as Level 2 or Level 3 of the fair value hierarchy. Non-Marketable Equity Investments and Non-Financial Assets: HP’s non-marketable equity investments are measured at cost less impairment, adjusted for observable price changes. HP’s non-financial assets, such as intangible assets, goodwill and property, plant and equipment, are recorded at fair value in the period an impairment charge is recognized. If measured at fair value in the Consolidated Balance Sheets these would generally be classified within Level 3 of the fair value hierarchy.
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| Cash Equivalents and Available-for-Sale Investments | All highly liquid investments with original maturities of three months or less at the date of acquisition are considered cash equivalents. |
| Earnings Per Share | HP calculates basic net EPS using net earnings and the weighted-average number of shares outstanding during the reporting period. Diluted net EPS includes any dilutive effect of restricted stock units, stock options, performance-based awards and shares purchased under the 2021 employee stock purchase plan.
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| Guarantees, Indemnifications and Warranties | Guarantees In the ordinary course of business, HP may issue performance guarantees to certain of its clients, customers and other parties pursuant to which HP has guaranteed the performance obligations of third parties. Some of those guarantees may be backed by standby letters of credit or surety bonds. In general, HP would be obligated to perform over the term of the guarantee in the event a specified triggering event occurs as defined by the guarantee. HP believes the likelihood of having to perform under a material guarantee is remote. Cross-Indemnifications with Hewlett Packard Enterprise On November 1, 2015, Hewlett-Packard Company completed the separation of Hewlett Packard Enterprise, Hewlett-Packard Company’s former enterprise technology infrastructure, software, services and financing businesses. The separation and distribution agreement provides for cross-indemnities between HP and Hewlett Packard Enterprise for liabilities allocated to the respective party pursuant to the terms of such agreement. For information on cross-indemnifications with Hewlett Packard Enterprise for litigation matters, see Note 14, “Litigation and Contingencies”. Indemnifications In the ordinary course of business, HP enters into contractual arrangements under which HP may agree to indemnify a third-party to such arrangement from any losses incurred relating to the services they perform on behalf of HP or for losses arising from certain events as defined within the particular contract, which may include, for example, litigation or claims relating to past performance. HP also provides indemnifications to certain vendors and customers against claims of intellectual property infringement made by third parties arising from the vendors’ and customers’ use of HP’s software products and services and certain other matters. Some indemnifications may not be subject to maximum loss clauses. Historically, payments made related to these indemnifications have been immaterial. HP records tax indemnification receivables from various third parties for certain tax liabilities that HP is jointly and severally liable for, but for which it is indemnified by those same third parties under existing legal agreements. HP records a tax indemnification payable to various third parties under these agreements when management believes that it is both probable that a liability has been incurred and the amount can be reasonably estimated. The actual amount that the third parties pay or may be obligated to pay HP could vary depending on the outcome of certain unresolved tax matters, which may not be resolved for several years. Warranties HP accrues the estimated cost of product warranties at the time it recognizes revenue. HP engages in extensive product quality programs and processes, including actively monitoring and evaluating the quality of its component suppliers; however, contractual warranty terms, repair costs, product call rates, average cost per call, current period product shipments and ongoing product failure rates, as well as specific product class failures outside of HP’s baseline experience, affect the estimated warranty obligation.
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Segment Information (Tables) |
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| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Reconciliation of Revenue from Segment Operating Results to HP Consolidated Results | Significant Segment Expenses and Operating Results
(1) Fiscal year 2025 includes Certain litigation benefits from a single litigation matter that does not relate to HP's ongoing business operations
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| Schedule of Reconciliation of Operating Profit (Loss) from Segment Operating Results to HP Consolidated Results | Significant Segment Expenses and Operating Results
(1) Fiscal year 2025 includes Certain litigation benefits from a single litigation matter that does not relate to HP's ongoing business operations
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| Schedule of Reconciliation of Segment Assets to HP Consolidated Assets | HP allocates assets to its business segments based on the segments primarily benefiting from the assets. Total assets by segment and the reconciliation of segment assets to HP consolidated assets were as follows:
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| Schedule of Net Revenue by Geographical Areas | Net revenue by country was as follows:
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| Schedule of Net Property, Plant and Equipment by Geographical Areas | Net property, plant and equipment by country in which HP operates was as follows:
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Restructuring and Other Charges (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Restructuring and Related Activities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Restructuring Activities by Plan | HP’s restructuring activities in fiscal years 2025, 2024 and 2023 summarized by plan were as follows:
(1) Primarily includes the fiscal 2020 plan along with other legacy plans, all of which are substantially complete. HP does not expect any further material activity associated with these plans. (2) Includes reclassification of liability related to the Enhanced Early Retirement ("EER") plan of $139 for certain healthcare and medical savings account benefits to pension and post-retirement plans. See Note 4 “Retirement and Post-Retirement Benefit Plans” for further information.
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Retirement and Post-Retirement Benefit Plans (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Components of Pension and Post-Retirement Benefit (Credit) Cost Recognized | The components of HP’s pension and post-retirement benefit (credit) cost recognized in the Consolidated Statements of Earnings were as follows:
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| Schedule of Weighted-Average Assumptions Used to Calculate Total Periodic Benefit (Credit) Cost | The weighted-average assumptions used to calculate the total periodic benefit (credit) cost were as follows:
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| Schedule of Funded Status of Defined Benefit and Post-Retirement Benefit Plans | The funded status of the defined benefit and post-retirement benefit plans was as follows:
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| Schedule of Weighted-Average Assumptions Used to Calculate Projected Benefit Obligations | The weighted-average assumptions used to calculate the projected benefit obligations were as follows:
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| Schedule of Net Assets And Liabilities For Defined Benefit And Post-Retirement Benefit Plans | The net assets and liabilities for HP’s defined benefit and post-retirement benefit plans recognized on HP’s Consolidated Balance Sheet were as follows:
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| Schedule of Pre-Tax Net Actuarial Loss (Gain) and Prior Service Benefit Recognized in Accumulated Other Comprehensive Loss for Defined Benefit and Post-Retirement Benefit Plans | The following table summarizes the pre-tax net actuarial loss (gain) and prior service cost (credit) recognized in Accumulated other comprehensive income (loss) for the defined benefit and post-retirement benefit plans.
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| Schedule of Defined Benefit Plans with Projected Benefit Obligations Exceeding Fair Value of Plan Assets | Defined benefit plans with projected benefit obligations exceeding the fair value of plan assets were as follows:
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| Schedule of Defined Benefit Plans with Accumulated Benefit Obligations Exceeding Fair Value of Plan Assets | Defined benefit plans with accumulated benefit obligations exceeding the fair value of plan assets were as follows:
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| Schedule of Total Plan Assets by Asset Category | The table below sets forth the total value of plan assets as of October 31, 2025. Refer to Note 9, “Fair Value” for details on fair value hierarchy. Certain investments that are measured using the Net Asset Value (“NAV”) per share as a practical expedient have not been categorized in the fair value hierarchy.
The table below sets forth the total plan assets as of October 31, 2024.
(1)Investments in publicly traded equity securities are valued using the closing price on the measurement date as reported on the stock exchange on which the individual securities are traded. (2)The fair value of corporate, government and asset-backed debt securities is based on observable inputs of comparable market transactions. Also included in this category is debt issued by national, state and local governments and agencies. (3)Department of Labor 103-12 IE (Investment Entity) designation is for plan assets held by two or more unrelated employee benefit plans which includes limited partnerships and venture capital partnerships. Certain common collective trusts and interests in 103-12 entities are valued using NAV as a practical expedient. (4)Includes publicly traded funds of investment companies that are registered with the SEC, funds that are not publicly traded and a non-U.S. fund-of-fund arrangement. (5)Includes cash and cash equivalents such as short-term marketable securities. Cash and cash equivalents include money market funds, which are valued based on NAV. Other assets were classified in the fair value hierarchy based on the lowest level input (e.g., quoted prices and observable inputs) that is significant to the fair value measure in its entirety. (6)Includes primarily reverse repurchase agreements, unsettled transactions, and derivative instruments. (7)These investments include alternative investments, which primarily consist of private equities and hedge funds. The valuation of alternative investments, such as limited partnerships and joint ventures, may require significant management judgment. For alternative investments, valuation is based on NAV as reported by the asset manager or investment company and adjusted for cash flows, if necessary. In making such an assessment, a variety of factors are reviewed by management, including but not limited to the timeliness of NAV as reported by the asset manager and changes in general economic and market conditions subsequent to the last NAV reported by the asset manager. •Private equities include limited partnerships such as equity, buyout, venture capital, real estate and other similar funds that invest in the United States and internationally where foreign currencies are hedged. •Hedge funds include limited partnerships that invest both long and short primarily in common stocks and credit, relative value, event-driven equity, distressed debt and macro strategies. Management of the hedge funds has the ability to shift investments from value to growth strategies, from small to large capitalization stocks and bonds, and from a net long position to a net short position. These investments also include Common Collective Trusts and 103-12 Investment Entities as defined in note (3) above and Investment Funds as defined in note (4) above.
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| Schedule of Weighted-Average Target Asset Allocations Across Benefit Plans | The weighted-average target asset allocations across the benefit plans represented in the fair value tables above were as follows:
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| Schedule of Estimated Future Benefits Payments for Retirement and Post-Retirement Plans | As of October 31, 2025, HP estimates that the future benefits payments for the retirement and post-retirement plans are as follows:
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Stock-Based Compensation (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-Based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Stock-Based Compensation Expense and the Resulting Tax Benefits | Stock-based compensation expense and the resulting tax benefits for operations were as follows:
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| Schedule of Assumptions Used to Measure Fair Value of Restricted Stock Units | The assumptions used to measure the fair value of restricted stock units subject to performance-adjusted vesting conditions in the Monte Carlo simulation model were as follows:
(1)The expected volatility was estimated using the historical volatility derived from HP’s common stock. (2)The risk-free interest rate was estimated based on the yield on U.S. Treasury zero-coupon issues. (3)The expected performance period was estimated based on the length of the remaining performance period from the grant date.
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| Schedule of Restricted Stock Awards Activity | A summary of restricted stock units activity is as follows:
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| Schedule of Shares Available for Future Grant and Shares Reserved for Future Issuance | Shares available for future grant and shares reserved for future issuance under the stock-based incentive compensation plans and the 2021 ESPP were as follows:
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Taxes on Earnings (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Domestic and Foreign Components of Earnings | The domestic and foreign components of earnings before taxes were as follows:
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| Schedule of (Benefit from) Provision for Taxes on Earnings | The provision for (benefit from) taxes on earnings was as follows:
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| Schedule of Differences Between U.S. Federal Statutory Income Tax Rate and HP's Effective Tax Rate | The differences between the U.S. federal statutory income tax rate and HP’s effective tax rate were as follows:
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| Schedule of Reconciliation of Unrecognized Tax Benefits | A reconciliation of unrecognized tax benefits is as follows:
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| Schedule of Significant Components of Deferred Tax Assets and Deferred Tax Liabilities | The significant components of deferred tax assets and deferred tax liabilities were as follows:
Deferred tax assets and liabilities included in the Consolidated Balance Sheets as follows:
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| Schedule of Deferred Tax Assets for Net Operating Loss Carryforwards | As of October 31, 2025, HP had recorded deferred tax assets for net operating loss (“NOL”) carryforwards as follows:
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| Schedule of Deferred Tax Assets for Various Tax Credit Carryforwards | As of October 31, 2025, HP had recorded deferred tax assets for various tax credit carryforwards as follows:
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| Schedule of Deferred Tax Asset Valuation Allowance and Changes | The deferred tax asset valuation allowance and changes were as follows:
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Supplementary Financial Information (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Cash, Cash Equivalents and Restricted Cash | Cash, cash equivalents and restricted cash
(1) Restricted Cash is related to amounts collected and held on behalf of a third-party for trade receivables previously sold.
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| Schedule of Cash, Cash Equivalents and Restricted Cash | Cash, cash equivalents and restricted cash
(1) Restricted Cash is related to amounts collected and held on behalf of a third-party for trade receivables previously sold.
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| Schedule of Allowance for Credit Losses Related to Accounts Receivable | The allowance for credit losses related to accounts receivable and changes were as follows:
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| Schedule of Revolving Short-Term Financing Arrangements | The following is a summary of the activity under these arrangements:
(1) Amounts outstanding from third parties reported in Accounts Receivable in the Consolidated Balance Sheets.
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| Schedule of Inventory | Inventory
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| Schedule of Other Current Assets | Other Current Assets
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| Schedule of Property, Plant and Equipment, Net | Property, Plant and Equipment, Net
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| Schedule of Other Non-Current Assets | Other Non-Current Assets
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| Schedule of Other Current Liabilities | Other Current Liabilities
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| Schedule of Other Non-Current Liabilities | Other Non-Current Liabilities
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| Schedule of Interest and Other, Net | Interest and Other, Net
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| Schedule of Net Revenue by Region | Net Revenue by Region
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| Schedule of Rollforward of the Obligations Under the Program | The following table is a rollforward of the obligations confirmed under the program for fiscal year 2025:
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Goodwill and Intangible Assets (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Reportable Segments And Changes in the Carrying Amount of Goodwill | Goodwill allocated to HP’s reportable segments and changes in the carrying amount of goodwill were as follows:
(1)Goodwill is net of accumulated impairment losses of $0.8 billion related to Corporate Investments recorded in fiscal year 2011.
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| Schedule of Acquired Intangible Assets | HP’s acquired intangible assets were composed of:
(1) Excludes the original cost and accumulated depreciation of fully amortized intangibles.
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| Schedule of Estimated Future Amortization Expense | As of October 31, 2025, estimated future amortization expense related to acquired intangible assets was as follows:
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Fair Value (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis | The following table presents HP’s assets and liabilities that are measured at fair value on a recurring basis:
(1) Money market funds invested in government debt and traded in active markets are included in Level 1. Government debt includes instruments such as U.S. treasury notes, U.S. agency securities and non-U.S. government bonds. (2) As of October 31, 2025 and 2024, $63 million and $78 million, respectively, of debt securities were restricted to fund benefits received by qualifying employees under a sponsored defined benefit plan.
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Financial Instruments (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments, All Other Investments [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Cash Equivalents and Available-for-Sale Investments | Cash Equivalents and Available-for-Sale Investments
(1) Money market funds invested in government debt and traded in active markets are included in Level 1. Government debt includes instruments such as U.S. treasury notes, U.S. agency securities and non-U.S. government bonds (2) As of October 31, 2025 and 2024, $63 million and $78 million, respectively, of debt securities were restricted to fund benefits received by qualifying employees under a sponsored defined benefit plan.
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| Schedule of Contractual Maturities of Investments in Available-for-Sale Debt Securities | Contractual maturities of investments in available-for-sale debt securities were as follows:
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| Schedule of Gross Notional and Fair Value of Derivative Financial Instruments in the Consolidated Condensed Balance Sheets | The gross notional and fair value of derivative instruments in the Consolidated Balance Sheets were as follows:
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| Schedule of Information Related to the Potential Effect of Entity's Master Netting Agreements and Collateral Security Agreements, Offsetting Assets | As of October 31, 2025 and 2024, information related to the potential effect of HP’s master netting agreements and collateral security agreements was as follows:
(1)Represents the cash collateral posted by counterparties as of the respective reporting date for HP’s asset position, net of derivative amounts that could be offset, as of, generally, business days prior to the respective reporting date. (2)Represents the collateral posted by HP including any excess or re-use of counterparty cash collateral as of the respective reporting date for HP’s liability position, net of derivative amounts that could be offset, as of, generally, business days prior to the respective reporting date.
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| Schedule of Information Related to the Potential Effect of Entity's Master Netting Agreements and Collateral Security Agreements, Offsetting Liabilities | As of October 31, 2025 and 2024, information related to the potential effect of HP’s master netting agreements and collateral security agreements was as follows:
(1)Represents the cash collateral posted by counterparties as of the respective reporting date for HP’s asset position, net of derivative amounts that could be offset, as of, generally, business days prior to the respective reporting date. (2)Represents the collateral posted by HP including any excess or re-use of counterparty cash collateral as of the respective reporting date for HP’s liability position, net of derivative amounts that could be offset, as of, generally, business days prior to the respective reporting date.
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| Schedule of Pre-Tax Effect of Derivative Instruments and Related Hedged Items in a Fair Value Hedging Relationship | The pre-tax effect of derivative instruments and related hedged items in a fair value hedging relationship were as follows:
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| Schedule of Pre-Tax Effect of Derivative Instruments in Cash Flow Hedging Relationships Included in Accumulated Other Comprehensive (Loss) Income | The pre-tax effect of derivative instruments in cash flow hedging relationships included in Accumulated other comprehensive income (loss) was as follows:
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| Schedule of Pre-Tax Effect of Derivative Instruments in Cash Flow Hedging Relationships Included in Earnings | The pre-tax effect of derivative instruments in cash flow hedging relationships included in earnings were as follows:
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| Schedule of Pre-Tax Effect of Derivative Instruments Not Designated as Hedging Instruments Recognized in Interest and Other, Net in the Consolidated Condensed Statements of Earnings | The pre-tax effect of derivative instruments not designated as hedging instruments recognized in Interest and other, net in the Consolidated Statements of Earnings was as follows:
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Borrowings (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Notes Payable and Short-Term Borrowings | Notes Payable and Short-Term Borrowings
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| Schedule of Long-Term Debt | Long-Term Debt
(1)HP may redeem some or all of the fixed-rate U.S. Dollar Global Notes at any time in accordance with the terms thereof. The U.S. Dollar Global Notes are senior unsecured debt. (2)During the quarter ended October 31, 2025, HP redeemed and settled $3.4 million of the pending March 2029 Notes related to the August 2022 Poly acquisition.
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| Schedule of Aggregate Future Maturities of Long-term Debt | As of October 31, 2025, aggregate future maturities of debt at face value (excluding unamortized debt issuance cost of $46 million, discounts on debt issuance of $10 million and fair value adjustment related to hedged debt of $1 million), including other borrowings were as follows:
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Stockholders’ Deficit (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity Note [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Changes and Reclassifications Related to Other Comprehensive (Loss) Income, Net of Taxes | Changes and reclassifications related to Accumulated Other Comprehensive Loss, net of taxes
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Earnings Per Share (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Basic and Diluted Net Earnings Per Share Calculations | A reconciliation of the number of shares used for basic and diluted net EPS calculations is as follows:
(1)HP excludes from the calculation of diluted net EPS stock options and restricted stock units where the assumed proceeds exceed the average market price, because their effect would be anti-dilutive. The assumed proceeds of a stock option include the sum of its exercise price, and average unrecognized compensation cost. The assumed proceeds of a restricted stock unit represent average unrecognized compensation cost.
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Guarantees, Indemnifications and Warranties (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Guarantees and Product Warranties [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Aggregate Product Warranty Liabilities and Changes | HP’s aggregate product warranty liabilities and changes were as follows:
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Commitments (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Commitments and Contingencies Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Future Unconditional Purchase Obligations | As of October 31, 2025, unconditional purchase obligations were as follows:
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Leases (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Oct. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Lease Expense and Supplemental Cash Flow Information | The components of lease expense are as follows:
The following table presents supplemental information relating to the cash flows arising from lease transactions. Cash payments made from variable lease costs and short-term leases are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below:
(1) Includes the impact of new leases as well as remeasurements and modifications to existing leases. Weighted-average information associated with the measurement of our remaining operating lease liabilities is as follows:
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| Schedule of Future Operating Lease Payments | The following maturity analysis presents expected undiscounted cash outflows for operating leases on an annual basis for the next five years:
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Summary of Significant Accounting Policies - Advertising (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Accounting Policies [Abstract] | |||
| Advertising cost | $ 718 | $ 628 | $ 611 |
Summary of Significant Accounting Policies - Concentrations of Risk (Details) - USD ($) $ in Billions |
12 Months Ended | |
|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
|
| Concentration Risk | ||
| Supplier receivables | $ 0.6 | $ 0.8 |
| Major Customers | Accounts Receivable | Ten largest distributor | ||
| Concentration Risk | ||
| Concentration of credit risk (as a percent) | 47.00% | 38.00% |
| Major Customers | Accounts Receivable | TD Synnex Corp | ||
| Concentration Risk | ||
| Concentration of credit risk (as a percent) | 12.60% | 9.70% |
| Major Customers | Accounts Receivable | Three largest outsourced manufacturer | ||
| Concentration Risk | ||
| Concentration of credit risk (as a percent) | 94.00% | 89.00% |
Summary of Significant Accounting Policies - Property, Plant and Equipment, Net And Internal Use Software and Cloud Computing Arrangements (Details) |
Oct. 31, 2025 |
|---|---|
| Buildings and improvements | Minimum | |
| Property, Plant and Equipment, Net | |
| Estimated useful life for property, plant and equipment | 5 years |
| Buildings and improvements | Maximum | |
| Property, Plant and Equipment, Net | |
| Estimated useful life for property, plant and equipment | 40 years |
| Machinery and equipment | Minimum | |
| Property, Plant and Equipment, Net | |
| Estimated useful life for property, plant and equipment | 3 years |
| Machinery and equipment | Maximum | |
| Property, Plant and Equipment, Net | |
| Estimated useful life for property, plant and equipment | 15 years |
| Capitalized development costs | Maximum | |
| Property, Plant and Equipment, Net | |
| Estimated useful life for property, plant and equipment | 5 years |
Segment Information - Narrative (Details) |
12 Months Ended |
|---|---|
|
Oct. 31, 2025
segment
| |
| Segment Reporting, Asset Reconciling Item [Line Items] | |
| Number of reportable segments | 3 |
| One Customer | Revenue Benchmark | Major Customers | |
| Segment Reporting, Asset Reconciling Item [Line Items] | |
| Concentration of credit risk (as a percent) | 12.00% |
Segment Information - Schedule of Reconciliation of Segment Operating Results to HP Consolidated Results (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Net revenue | |||
| Total net revenue | $ 55,295 | $ 53,559 | $ 53,718 |
| Cost of net revenue | |||
| Total cost of net revenue | 43,903 | 41,741 | 42,210 |
| Operating expenses | |||
| Total segment operating expenses | 8,218 | 8,000 | 8,052 |
| Segment Reporting Information, Revenue for Reportable Segment [Abstract] | |||
| Operating Income (Loss) | 3,174 | 3,818 | 3,456 |
| Stock-based compensation expense | (522) | (452) | (438) |
| Restructuring and other charges | (405) | (301) | (527) |
| Acquisition and divestiture charges | (45) | (83) | (240) |
| Amortization of intangible assets | (345) | (318) | (350) |
| Interest and other, net | (506) | (539) | (519) |
| Earnings before taxes | 2,668 | 3,279 | 2,937 |
| Operating segments | |||
| Net revenue | |||
| Total net revenue | 55,296 | 53,558 | 53,720 |
| Cost of net revenue | |||
| Total cost of net revenue | 43,806 | 41,666 | 42,124 |
| Operating expenses | |||
| Total segment operating expenses | 6,448 | 6,481 | 6,210 |
| Segment Reporting Information, Revenue for Reportable Segment [Abstract] | |||
| Operating Income (Loss) | 5,042 | 5,411 | 5,386 |
| Corporate and unallocated costs and other | |||
| Segment Reporting Information, Revenue for Reportable Segment [Abstract] | |||
| Corporate and unallocated costs and other | (411) | (381) | (375) |
| Other | |||
| Net revenue | |||
| Total net revenue | (1) | 1 | (2) |
| Segment Reporting Information, Revenue for Reportable Segment [Abstract] | |||
| Stock-based compensation expense | (522) | (452) | (438) |
| Restructuring and other charges | (405) | (301) | (527) |
| Acquisition and divestiture charges | (45) | (83) | (240) |
| Amortization of intangible assets | (345) | (318) | (350) |
| Certain litigation charges | (140) | (58) | 0 |
| Interest and other, net | (506) | (539) | (519) |
| Personal Systems | Operating segments | |||
| Net revenue | |||
| Total net revenue | 38,532 | 36,195 | 35,684 |
| Cost of net revenue | |||
| Total cost of net revenue | 32,877 | 30,385 | 30,267 |
| Operating expenses | |||
| Total segment operating expenses | 3,601 | 3,557 | 3,288 |
| Segment Reporting Information, Revenue for Reportable Segment [Abstract] | |||
| Operating Income (Loss) | 2,054 | 2,253 | 2,129 |
| Printing | Operating segments | |||
| Net revenue | |||
| Total net revenue | 16,702 | 17,338 | 18,029 |
| Cost of net revenue | |||
| Total cost of net revenue | 10,871 | 11,233 | 11,847 |
| Operating expenses | |||
| Total segment operating expenses | 2,713 | 2,815 | 2,783 |
| Segment Reporting Information, Revenue for Reportable Segment [Abstract] | |||
| Operating Income (Loss) | 3,118 | 3,290 | 3,399 |
| Corporate Investments | Operating segments | |||
| Net revenue | |||
| Total net revenue | 62 | 25 | 7 |
| Cost of net revenue | |||
| Total cost of net revenue | 58 | 48 | 10 |
| Operating expenses | |||
| Total segment operating expenses | 134 | 109 | 139 |
| Segment Reporting Information, Revenue for Reportable Segment [Abstract] | |||
| Operating Income (Loss) | (130) | (132) | (142) |
| Commercial PS | Personal Systems | Operating segments | |||
| Net revenue | |||
| Total net revenue | 27,438 | 25,486 | 24,712 |
| Consumer PS | Personal Systems | Operating segments | |||
| Net revenue | |||
| Total net revenue | 11,094 | 10,709 | 10,972 |
| Supplies | Printing | Operating segments | |||
| Net revenue | |||
| Total net revenue | 10,916 | 11,295 | 11,452 |
| Commercial Printing | Printing | Operating segments | |||
| Net revenue | |||
| Total net revenue | 4,633 | 4,841 | 5,250 |
| Consumer Printing | Printing | Operating segments | |||
| Net revenue | |||
| Total net revenue | $ 1,153 | $ 1,202 | $ 1,327 |
Segment Information - Schedule of Reconciliation of Segment Assets to HP Consolidated Assets (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Segment Reporting, Asset Reconciling Item [Line Items] | ||
| Total assets | $ 41,769 | $ 39,909 |
| Total segments | Personal Systems | ||
| Segment Reporting, Asset Reconciling Item [Line Items] | ||
| Total assets | 24,928 | 22,378 |
| Total segments | Printing | ||
| Segment Reporting, Asset Reconciling Item [Line Items] | ||
| Total assets | 14,632 | 16,457 |
| Total segments | Corporate Investments | ||
| Segment Reporting, Asset Reconciling Item [Line Items] | ||
| Total assets | 279 | 181 |
| Corporate and unallocated assets | ||
| Segment Reporting, Asset Reconciling Item [Line Items] | ||
| Total assets | $ 1,930 | $ 893 |
Segment Information - Schedule of Net Revenue by Geographical Areas (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Revenues from External Customers and Long-Lived Assets [Line Items] | |||
| Total net revenue | $ 55,295 | $ 53,559 | $ 53,718 |
| United States | |||
| Revenues from External Customers and Long-Lived Assets [Line Items] | |||
| Total net revenue | 19,212 | 18,790 | 18,829 |
| Other countries | |||
| Revenues from External Customers and Long-Lived Assets [Line Items] | |||
| Total net revenue | $ 36,083 | $ 34,769 | $ 34,889 |
Segment Information - Schedule of Net Property, Plant and Equipment by Geographical Areas (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Segment Reporting Information [Line Items] | ||
| Total property, plant and equipment, net | $ 3,049 | $ 2,914 |
| United States | ||
| Segment Reporting Information [Line Items] | ||
| Total property, plant and equipment, net | 1,647 | 1,471 |
| Singapore | ||
| Segment Reporting Information [Line Items] | ||
| Total property, plant and equipment, net | 338 | 335 |
| South Korea | ||
| Segment Reporting Information [Line Items] | ||
| Total property, plant and equipment, net | 276 | 297 |
| Other countries | ||
| Segment Reporting Information [Line Items] | ||
| Total property, plant and equipment, net | $ 788 | $ 811 |
Restructuring and Other Charges - Schedule of Restructuring Activities by Plan (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Restructuring Cost and Reserve [Line Items] | |||
| Restructuring Charges, Statement of Income or Comprehensive Income [Extensible Enumeration] | Restructuring and other charges | ||
| Restructuring Reserve [Roll Forward] | |||
| Accrued balance, beginning of the period | $ 138 | $ 108 | $ 32 |
| Charges | 327 | 233 | 444 |
| Cash payments | (248) | (196) | (222) |
| Non-cash and other adjustments | (45) | (7) | (146) |
| Accrued balance, end of the period | 172 | 138 | 108 |
| Total costs incurred to date | 1,869 | ||
| Reflected in Consolidated Balance Sheet: | |||
| Other current liabilities | 167 | ||
| Other non-current liabilities | 5 | ||
| Fiscal 2023 Plan | Severance and EER | |||
| Restructuring Reserve [Roll Forward] | |||
| Accrued balance, beginning of the period | 120 | 88 | 0 |
| Charges | 266 | 205 | 402 |
| Cash payments | (230) | (173) | (172) |
| Non-cash and other adjustments | 4 | 0 | (142) |
| Accrued balance, end of the period | 160 | 120 | 88 |
| Total costs incurred to date | 873 | ||
| Reflected in Consolidated Balance Sheet: | |||
| Other current liabilities | 160 | ||
| Other non-current liabilities | 0 | ||
| Fiscal 2023 Plan | Non-labor | |||
| Restructuring Reserve [Roll Forward] | |||
| Accrued balance, beginning of the period | 11 | 18 | 0 |
| Charges | 61 | 16 | 41 |
| Cash payments | (14) | (18) | (15) |
| Non-cash and other adjustments | (50) | (5) | (8) |
| Accrued balance, end of the period | 8 | 11 | 18 |
| Total costs incurred to date | 118 | ||
| Reflected in Consolidated Balance Sheet: | |||
| Other current liabilities | 3 | ||
| Other non-current liabilities | 5 | ||
| Fiscal 2023 Plan | Special Termination Benefits | |||
| Restructuring Reserve [Roll Forward] | |||
| Charges | 105 | ||
| Non-cash and other adjustments | 139 | ||
| Other prior year plans | |||
| Restructuring Reserve [Roll Forward] | |||
| Accrued balance, beginning of the period | 7 | 2 | 32 |
| Charges | 0 | 12 | 1 |
| Cash payments | (4) | (5) | (35) |
| Non-cash and other adjustments | 1 | (2) | 4 |
| Accrued balance, end of the period | 4 | $ 7 | $ 2 |
| Total costs incurred to date | 878 | ||
| Reflected in Consolidated Balance Sheet: | |||
| Other current liabilities | 4 | ||
| Other non-current liabilities | $ 0 | ||
Restructuring and Other Charges - Narrative (Details) $ in Millions |
12 Months Ended | ||||
|---|---|---|---|---|---|
|
Nov. 25, 2025
USD ($)
employee
|
Nov. 18, 2022
USD ($)
employee
|
Oct. 31, 2025
USD ($)
|
Oct. 31, 2024
USD ($)
|
Oct. 31, 2023
USD ($)
|
|
| Restructuring Cost and Reserve [Line Items] | |||||
| Other charges | $ 78 | $ 68 | $ 83 | ||
| Fiscal 2026 Plan | Minimum | Subsequent event | |||||
| Restructuring Cost and Reserve [Line Items] | |||||
| Expected number of positions to be eliminated | employee | 4,000 | ||||
| Fiscal 2026 Plan | Maximum | Subsequent event | |||||
| Restructuring Cost and Reserve [Line Items] | |||||
| Expected number of positions to be eliminated | employee | 6,000 | ||||
| Fiscal 2026 Plan | Labor And Non-Labor Actions | Subsequent event | |||||
| Restructuring Cost and Reserve [Line Items] | |||||
| Restructuring and related cost, expected cost | $ 650 | ||||
| Fiscal 2026 Plan | Labor Costs | Subsequent event | |||||
| Restructuring Cost and Reserve [Line Items] | |||||
| Restructuring and related cost, expected cost | $ 400 | ||||
| Fiscal 2023 Plan | |||||
| Restructuring Cost and Reserve [Line Items] | |||||
| Expected number of positions to be eliminated | employee | 9,500 | ||||
| Fiscal 2023 Plan | Severance costs | |||||
| Restructuring Cost and Reserve [Line Items] | |||||
| Restructuring and related cost, incurred cost | $ 873 | ||||
| Fiscal 2023 Plan | Infrastructure costs | |||||
| Restructuring Cost and Reserve [Line Items] | |||||
| Restructuring and related cost, incurred cost | $ 347 | ||||
Retirement and Post-Retirement Benefit Plans - Defined Benefit Plans (Narrative) (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| DPSP | ||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||
| Fair value of plan assets | $ 278 | $ 297 |
Retirement and Post-Retirement Benefit Plans - Post-Retirement Benefit Plans (Narrative) (Details) |
12 Months Ended |
|---|---|
Oct. 31, 2025 | |
| Post-Retirement Benefit Plans | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Eligible age for HP retirement medical savings account plan | 45 years |
Retirement and Post-Retirement Benefit Plans - Defined Contribution Plans (Narrative) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Retirement Benefits [Abstract] | |||
| Total defined contribution expense | $ 132 | $ 133 | $ 131 |
| Defined Contribution Plan Disclosure [Line Items] | |||
| Total defined contribution expense | $ 132 | $ 133 | $ 131 |
| Employee service period | 3 years | ||
| HP 401(k) Plan | |||
| Defined Contribution Plan Disclosure [Line Items] | |||
| Employer matching contributions, as a percent | 100.00% | ||
| Percentage of maximum matching contribution | 4.00% | ||
Retirement and Post-Retirement Benefit Plans - Schedule of Pension and Post-Retirement Benefit Expense (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Post-Retirement Benefit Plans | |||
| Net benefit (credit) cost | |||
| Service cost | $ 1 | $ 1 | $ 1 |
| Interest cost | 14 | 15 | 15 |
| Expected return on plan assets | (14) | (15) | (14) |
| Amortization and deferrals: | |||
| Actuarial loss (gain) | (17) | (15) | (16) |
| Prior service cost (credit) | (6) | (10) | (11) |
| Net periodic benefit cost (credit) | (22) | (24) | (25) |
| Settlement loss | 0 | 0 | 0 |
| Special termination benefit cost | 0 | 0 | 34 |
| Total periodic benefit cost (credit) | (22) | (24) | 9 |
| U.S. | Defined Benefit Plans | |||
| Net benefit (credit) cost | |||
| Service cost | 0 | 0 | 0 |
| Interest cost | 214 | 228 | 217 |
| Expected return on plan assets | (241) | (246) | (258) |
| Amortization and deferrals: | |||
| Actuarial loss (gain) | 29 | 28 | 18 |
| Prior service cost (credit) | 0 | 0 | 0 |
| Net periodic benefit cost (credit) | 2 | 10 | (23) |
| Settlement loss | 0 | 0 | 0 |
| Special termination benefit cost | 0 | 0 | 105 |
| Total periodic benefit cost (credit) | 2 | 10 | 82 |
| Non-U.S. | Defined Benefit Plans | |||
| Net benefit (credit) cost | |||
| Service cost | 39 | 37 | 39 |
| Interest cost | 43 | 46 | 41 |
| Expected return on plan assets | (57) | (51) | (53) |
| Amortization and deferrals: | |||
| Actuarial loss (gain) | 8 | (1) | 4 |
| Prior service cost (credit) | 7 | 6 | 5 |
| Net periodic benefit cost (credit) | 40 | 37 | 36 |
| Settlement loss | 8 | 2 | 0 |
| Special termination benefit cost | 0 | 0 | 0 |
| Total periodic benefit cost (credit) | $ 48 | $ 39 | $ 36 |
Retirement and Post-Retirement Benefit Plans - Schedule of Weighted-Average Assumptions Used to Calculate Total Periodic Benefit (Credit) Cost (Details) |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Post-Retirement Benefit Plans | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Discount rate | 5.20% | 6.00% | 5.60% |
| Expected increase in compensation levels | 0.00% | 0.00% | 0.00% |
| Expected long-term return on plan assets | 4.50% | 5.20% | 3.30% |
| Interest crediting rate | 4.70% | 5.40% | 4.20% |
| U.S. | Defined Benefit Plans | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Discount rate | 5.30% | 6.20% | 5.70% |
| Expected increase in compensation levels | 2.00% | 2.00% | 2.00% |
| Expected long-term return on plan assets | 5.90% | 6.60% | 6.40% |
| Interest crediting rate | 5.20% | 5.50% | 5.00% |
| Non-U.S. | Defined Benefit Plans | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Discount rate | 3.20% | 3.90% | 3.50% |
| Expected increase in compensation levels | 2.70% | 3.00% | 3.00% |
| Expected long-term return on plan assets | 5.10% | 5.30% | 5.40% |
| Interest crediting rate | 2.60% | 2.60% | 2.60% |
Retirement and Post-Retirement Benefit Plans - Schedule of Funded Status of Defined Benefit and Post-Retirement Benefit Plans (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Post-Retirement Benefit Plans | |||
| Change in fair value of plan assets: | |||
| Fair value of assets — beginning of year | $ 317 | $ 382 | |
| Actual return on plan assets | 15 | 33 | |
| Employer contributions | 5 | 4 | |
| Participant contributions | 25 | 28 | |
| Benefits paid | (48) | (48) | |
| Settlement | 0 | 0 | |
| Transfers | 0 | (82) | |
| Currency impact | 0 | 0 | |
| Fair value of assets — end of year | 314 | 317 | $ 382 |
| Change in benefits obligation | |||
| Projected benefit obligation — beginning of year | 287 | 299 | |
| Service cost | 1 | 1 | 1 |
| Interest cost | 14 | 15 | 15 |
| Participant contributions | 25 | 28 | |
| Actuarial loss (gain) | (12) | (8) | |
| Benefits paid | (48) | (48) | |
| Settlement | 0 | 0 | |
| Currency impact | 0 | 0 | |
| Projected benefit obligation — end of year | 267 | 287 | 299 |
| Funded status at end of year | 47 | 30 | |
| United States | Defined Benefit Plans | |||
| Change in fair value of plan assets: | |||
| Fair value of assets — beginning of year | 4,218 | 3,853 | |
| Actual return on plan assets | 314 | 598 | |
| Employer contributions | 26 | 26 | |
| Participant contributions | 0 | 0 | |
| Benefits paid | (250) | (258) | |
| Settlement | (2) | (1) | |
| Transfers | 0 | 0 | |
| Currency impact | 0 | 0 | |
| Fair value of assets — end of year | 4,306 | 4,218 | 3,853 |
| Change in benefits obligation | |||
| Projected benefit obligation — beginning of year | 4,218 | 3,854 | |
| Service cost | 0 | 0 | 0 |
| Interest cost | 214 | 228 | 217 |
| Participant contributions | 0 | 0 | |
| Actuarial loss (gain) | 83 | 395 | |
| Benefits paid | (250) | (258) | |
| Settlement | (2) | (1) | |
| Currency impact | 0 | 0 | |
| Projected benefit obligation — end of year | 4,263 | 4,218 | 3,854 |
| Funded status at end of year | 43 | 0 | |
| Accumulated benefit obligation | 4,263 | 4,217 | |
| Non-U.S. | Defined Benefit Plans | |||
| Change in fair value of plan assets: | |||
| Fair value of assets — beginning of year | 1,085 | 959 | |
| Actual return on plan assets | 67 | 111 | |
| Employer contributions | 43 | 53 | |
| Participant contributions | 15 | 17 | |
| Benefits paid | (38) | (54) | |
| Settlement | (35) | (28) | |
| Transfers | 0 | 0 | |
| Currency impact | 67 | 27 | |
| Fair value of assets — end of year | 1,204 | 1,085 | 959 |
| Change in benefits obligation | |||
| Projected benefit obligation — beginning of year | 1,345 | 1,185 | |
| Service cost | 39 | 37 | 39 |
| Interest cost | 43 | 46 | 41 |
| Participant contributions | 15 | 17 | |
| Actuarial loss (gain) | (16) | 116 | |
| Benefits paid | (38) | (54) | |
| Settlement | (35) | (28) | |
| Currency impact | 79 | 26 | |
| Projected benefit obligation — end of year | 1,432 | 1,345 | $ 1,185 |
| Funded status at end of year | (228) | (260) | |
| Accumulated benefit obligation | $ 1,325 | $ 1,248 | |
Retirement and Post-Retirement Benefit Plans - Schedule of Weighted-Average Assumptions Used to Calculate Projected Benefit Obligations (Details) |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Post-Retirement Benefit Plans | ||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||
| Discount rate | 5.20% | 5.20% |
| Expected increase in compensation levels | 0.00% | 0.00% |
| Interest crediting rate | 4.60% | 4.70% |
| United States | Defined Benefit Plans | ||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||
| Discount rate | 5.30% | 5.30% |
| Expected increase in compensation levels | 2.00% | 2.00% |
| Interest crediting rate | 5.10% | 5.20% |
| Non-U.S. | Defined Benefit Plans | ||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||
| Discount rate | 3.50% | 3.20% |
| Expected increase in compensation levels | 2.80% | 2.70% |
| Interest crediting rate | 2.60% | 2.60% |
Retirement and Post-Retirement Benefit Plans - Schedule of Net Assets And Liabilities For Defined Benefit And Post-Retirement Benefit Plans (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Post-Retirement Benefit Plans | ||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||
| Other non-current assets | $ 51 | $ 35 |
| Other current liabilities | (3) | (4) |
| Other non-current liabilities | (1) | (1) |
| Funded status at end of year | 47 | 30 |
| U.S. | Defined Benefit Plans | ||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||
| Other non-current assets | 313 | 277 |
| Other current liabilities | (31) | (31) |
| Other non-current liabilities | (239) | (246) |
| Funded status at end of year | 43 | 0 |
| Non-U.S. | Defined Benefit Plans | ||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||
| Other non-current assets | 61 | 50 |
| Other current liabilities | (9) | (10) |
| Other non-current liabilities | (280) | (300) |
| Funded status at end of year | $ (228) | $ (260) |
Retirement and Post-Retirement Benefit Plans - Schedule of Pre-Tax Net Actuarial Loss (Gain) and Prior Service Benefit Recognized in Accumulated Other Comprehensive Loss for Defined Benefit and Post-Retirement Benefit Plans (Details) $ in Millions |
Oct. 31, 2025
USD ($)
|
|---|---|
| Post-Retirement Benefit Plans | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Net actuarial loss (gain) | $ (187) |
| Prior service cost (credit) | (40) |
| Total recognized in Accumulated other comprehensive income (loss) | (227) |
| U.S. | Defined Benefit Plans | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Net actuarial loss (gain) | 553 |
| Prior service cost (credit) | 0 |
| Total recognized in Accumulated other comprehensive income (loss) | 553 |
| Non-U.S. | Defined Benefit Plans | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Net actuarial loss (gain) | 31 |
| Prior service cost (credit) | 28 |
| Total recognized in Accumulated other comprehensive income (loss) | $ 59 |
Retirement and Post-Retirement Benefit Plans - Schedule of Defined Benefit Plans with Projected Benefit Obligations Exceeding Fair Value of Plan Assets (Details) - Defined Benefit Plans - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| U.S. | ||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||
| Aggregate fair value of plan assets | $ 0 | $ 0 |
| Aggregate projected benefit obligation | 270 | 277 |
| Non-U.S. | ||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||
| Aggregate fair value of plan assets | 976 | 894 |
| Aggregate projected benefit obligation | $ 1,267 | $ 1,207 |
Retirement and Post-Retirement Benefit Plans - Schedule of Defined Benefit Plans with Accumulated Benefit Obligations Exceeding Fair Value of Plan Assets (Details) - Defined Benefit Plans - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| U.S. | ||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||
| Aggregate fair value of plan assets | $ 0 | $ 0 |
| Aggregate accumulated benefit obligation | 270 | 277 |
| Non-U.S. | ||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | ||
| Aggregate fair value of plan assets | 685 | 610 |
| Aggregate accumulated benefit obligation | $ 900 | $ 859 |
Retirement and Post-Retirement Benefit Plans - Schedule of Total Plan Assets by Asset Category (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|---|---|---|---|
| Post-Retirement Benefit Plans | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | $ 276 | $ 282 | |
| Investments using NAV as a practical expedient | 38 | 35 | |
| Total plan assets | 314 | 317 | $ 382 |
| Post-Retirement Benefit Plans | Equity securities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 2 | 0 | |
| Post-Retirement Benefit Plans | Corporate | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 146 | 143 | |
| Post-Retirement Benefit Plans | Government | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 88 | 102 | |
| Post-Retirement Benefit Plans | Real estate funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Insurance contracts | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Common collective trusts and 103-12 investment entities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Investment funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 43 | 45 | |
| Post-Retirement Benefit Plans | Cash and Cash Equivalents | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Other | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | (3) | (8) | |
| Post-Retirement Benefit Plans | Level 1 | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 40 | 37 | |
| Post-Retirement Benefit Plans | Level 1 | Equity securities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 1 | Corporate | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 1 | Government | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 1 | Real estate funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 1 | Insurance contracts | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 1 | Common collective trusts and 103-12 investment entities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 1 | Investment funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 43 | 45 | |
| Post-Retirement Benefit Plans | Level 1 | Cash and Cash Equivalents | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 1 | Other | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | (3) | (8) | |
| Post-Retirement Benefit Plans | Level 2 | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 236 | 245 | |
| Post-Retirement Benefit Plans | Level 2 | Equity securities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 2 | 0 | |
| Post-Retirement Benefit Plans | Level 2 | Corporate | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 146 | 143 | |
| Post-Retirement Benefit Plans | Level 2 | Government | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 88 | 102 | |
| Post-Retirement Benefit Plans | Level 2 | Real estate funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 2 | Insurance contracts | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 2 | Common collective trusts and 103-12 investment entities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 2 | Investment funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | |||
| Post-Retirement Benefit Plans | Level 2 | Cash and Cash Equivalents | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 2 | Other | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | |||
| Post-Retirement Benefit Plans | Level 3 | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 3 | Equity securities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 3 | Corporate | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 3 | Government | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 3 | Real estate funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 3 | Insurance contracts | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 3 | Common collective trusts and 103-12 investment entities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 3 | Investment funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 3 | Cash and Cash Equivalents | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Post-Retirement Benefit Plans | Level 3 | Other | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 3,472 | 3,274 | |
| Investments using NAV as a practical expedient | 834 | 944 | |
| Total plan assets | 4,306 | 4,218 | 3,853 |
| U.S. | Defined Benefit Plans | Equity securities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 18 | 17 | |
| U.S. | Defined Benefit Plans | Corporate | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 2,266 | 2,213 | |
| U.S. | Defined Benefit Plans | Government | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 1,264 | 1,392 | |
| U.S. | Defined Benefit Plans | Real estate funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Insurance contracts | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Common collective trusts and 103-12 investment entities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Investment funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 31 | 10 | |
| U.S. | Defined Benefit Plans | Cash and Cash Equivalents | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 33 | 40 | |
| U.S. | Defined Benefit Plans | Other | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | (140) | (398) | |
| U.S. | Defined Benefit Plans | Level 1 | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | (93) | (224) | |
| U.S. | Defined Benefit Plans | Level 1 | Equity securities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 1 | Corporate | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 1 | Government | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 1 | Real estate funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 1 | Insurance contracts | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 1 | Common collective trusts and 103-12 investment entities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 1 | Investment funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 31 | 10 | |
| U.S. | Defined Benefit Plans | Level 1 | Cash and Cash Equivalents | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 5 | 17 | |
| U.S. | Defined Benefit Plans | Level 1 | Other | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | (129) | (251) | |
| U.S. | Defined Benefit Plans | Level 2 | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 3,565 | 3,498 | |
| U.S. | Defined Benefit Plans | Level 2 | Equity securities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 18 | 17 | |
| U.S. | Defined Benefit Plans | Level 2 | Corporate | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 2,266 | 2,213 | |
| U.S. | Defined Benefit Plans | Level 2 | Government | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 1,264 | 1,392 | |
| U.S. | Defined Benefit Plans | Level 2 | Real estate funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 2 | Insurance contracts | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 2 | Common collective trusts and 103-12 investment entities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 2 | Investment funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 2 | Cash and Cash Equivalents | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 28 | 23 | |
| U.S. | Defined Benefit Plans | Level 2 | Other | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | (11) | (147) | |
| U.S. | Defined Benefit Plans | Level 3 | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 3 | Equity securities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 3 | Corporate | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 3 | Government | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 3 | Real estate funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 3 | Insurance contracts | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 3 | Common collective trusts and 103-12 investment entities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 3 | Investment funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 3 | Cash and Cash Equivalents | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| U.S. | Defined Benefit Plans | Level 3 | Other | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 854 | 759 | |
| Investments using NAV as a practical expedient | 350 | 326 | |
| Total plan assets | 1,204 | 1,085 | $ 959 |
| Non-U.S. | Defined Benefit Plans | Equity securities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 112 | 117 | |
| Non-U.S. | Defined Benefit Plans | Corporate | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 58 | 16 | |
| Non-U.S. | Defined Benefit Plans | Government | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 136 | 59 | |
| Non-U.S. | Defined Benefit Plans | Real estate funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 16 | 0 | |
| Non-U.S. | Defined Benefit Plans | Insurance contracts | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 79 | 72 | |
| Non-U.S. | Defined Benefit Plans | Common collective trusts and 103-12 investment entities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 10 | 10 | |
| Non-U.S. | Defined Benefit Plans | Investment funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 408 | 347 | |
| Non-U.S. | Defined Benefit Plans | Cash and Cash Equivalents | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 26 | 22 | |
| Non-U.S. | Defined Benefit Plans | Other | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 9 | 116 | |
| Non-U.S. | Defined Benefit Plans | Level 1 | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 34 | 29 | |
| Non-U.S. | Defined Benefit Plans | Level 1 | Equity securities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 9 | 8 | |
| Non-U.S. | Defined Benefit Plans | Level 1 | Corporate | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 1 | Government | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 1 | Real estate funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 1 | Insurance contracts | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 1 | Common collective trusts and 103-12 investment entities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 1 | Investment funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 1 | Cash and Cash Equivalents | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 25 | 21 | |
| Non-U.S. | Defined Benefit Plans | Level 1 | Other | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 2 | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 820 | 730 | |
| Non-U.S. | Defined Benefit Plans | Level 2 | Equity securities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 103 | 109 | |
| Non-U.S. | Defined Benefit Plans | Level 2 | Corporate | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 58 | 16 | |
| Non-U.S. | Defined Benefit Plans | Level 2 | Government | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 136 | 59 | |
| Non-U.S. | Defined Benefit Plans | Level 2 | Real estate funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 16 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 2 | Insurance contracts | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 79 | 72 | |
| Non-U.S. | Defined Benefit Plans | Level 2 | Common collective trusts and 103-12 investment entities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 10 | 10 | |
| Non-U.S. | Defined Benefit Plans | Level 2 | Investment funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 408 | 347 | |
| Non-U.S. | Defined Benefit Plans | Level 2 | Cash and Cash Equivalents | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 1 | 1 | |
| Non-U.S. | Defined Benefit Plans | Level 2 | Other | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 9 | 116 | |
| Non-U.S. | Defined Benefit Plans | Level 3 | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 3 | Equity securities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 3 | Corporate | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 3 | Government | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 3 | Real estate funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 3 | Insurance contracts | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 3 | Common collective trusts and 103-12 investment entities | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 3 | Investment funds | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 3 | Cash and Cash Equivalents | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | 0 | 0 | |
| Non-U.S. | Defined Benefit Plans | Level 3 | Other | |||
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |||
| Net plan assets subject to leveling at fair value | $ 0 | $ 0 |
Retirement and Post-Retirement Benefit Plans - Schedule of Weighted-Average Target Asset Allocations Across Benefit Plans (Details) |
Oct. 31, 2025 |
|---|---|
| Post-Retirement Benefit Plans | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 100.00% |
| Post-Retirement Benefit Plans | Equity-related investments | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 0.00% |
| Post-Retirement Benefit Plans | Debt securities | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 100.00% |
| Post-Retirement Benefit Plans | Real estate | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 0.00% |
| Post-Retirement Benefit Plans | Cash and cash equivalents | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 0.00% |
| Post-Retirement Benefit Plans | Other | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 0.00% |
| U.S. | Defined Benefit Plans | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 100.00% |
| U.S. | Defined Benefit Plans | Equity-related investments | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 0.00% |
| U.S. | Defined Benefit Plans | Debt securities | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 92.00% |
| U.S. | Defined Benefit Plans | Real estate | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 0.00% |
| U.S. | Defined Benefit Plans | Cash and cash equivalents | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 0.00% |
| U.S. | Defined Benefit Plans | Other | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 8.00% |
| Non-U.S. | Defined Benefit Plans | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 100.00% |
| Non-U.S. | Defined Benefit Plans | Equity-related investments | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 34.60% |
| Non-U.S. | Defined Benefit Plans | Debt securities | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 38.80% |
| Non-U.S. | Defined Benefit Plans | Real estate | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 9.10% |
| Non-U.S. | Defined Benefit Plans | Cash and cash equivalents | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 5.60% |
| Non-U.S. | Defined Benefit Plans | Other | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Total | 11.90% |
Retirement and Post-Retirement Benefit Plans - Retirement Incentive Program (Narrative) (Details) - USD ($) $ in Thousands |
1 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Jan. 31, 2023 |
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Defined Benefit Plan Disclosure [Line Items] | ||||
| Eligible age with 10 years of service | 55 years | |||
| EER benefit, minimum | 91 days | |||
| EER benefit, maximum | 364 days | |||
| Restructuring charges | $ 327,000 | $ 233,000 | $ 444,000 | |
| Health care coverage extension period | 36 months | |||
| Maximum employer credits | $ 12 | |||
| Other charges | $ 78,000 | $ 68,000 | 83,000 | |
| Special Termination Benefits | Fiscal 2023 Plan | ||||
| Defined Benefit Plan Disclosure [Line Items] | ||||
| Restructuring charges | 105,000 | |||
| Other charges | $ 34,000 | |||
Retirement and Post-Retirement Benefit Plans - Future Contributions and Funding Policy (Narrative) (Details) $ in Millions |
Oct. 31, 2025
USD ($)
|
|---|---|
| Post-Retirement Benefit Plans | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Expected contributions | $ 3 |
| Non-U.S. | Defined Benefit Plans | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Expected contributions | 43 |
| U.S. | Defined Benefit Plans | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Expected contributions | $ 31 |
Retirement and Post-Retirement Benefit Plans - Schedule of Estimated Future Benefits Payments for Retirement and Post-Retirement Plans (Details) $ in Millions |
Oct. 31, 2025
USD ($)
|
|---|---|
| Post-Retirement Benefit Plans | |
| Fiscal year | |
| 2026 | $ 25 |
| 2027 | 23 |
| 2028 | 22 |
| 2029 | 22 |
| 2030 | 21 |
| Next five fiscal years to October 31, 2035 | 97 |
| U.S. | Defined Benefit Plans | |
| Fiscal year | |
| 2026 | 288 |
| 2027 | 279 |
| 2028 | 289 |
| 2029 | 301 |
| 2030 | 306 |
| Next five fiscal years to October 31, 2035 | 1,549 |
| Non-U.S. | Defined Benefit Plans | |
| Fiscal year | |
| 2026 | 63 |
| 2027 | 63 |
| 2028 | 66 |
| 2029 | 69 |
| 2030 | 71 |
| Next five fiscal years to October 31, 2035 | $ 429 |
Stock-Based Compensation - Schedule of Stock-Based Compensation Expense and the Resulting Tax Benefits (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Share-Based Payment Arrangement [Abstract] | |||
| Stock-based compensation expense | $ 522 | $ 452 | $ 438 |
| Income tax benefit | (88) | (77) | (72) |
| Stock-based compensation expense, net of tax | $ 434 | $ 375 | $ 366 |
Stock-Based Compensation - Stock-Based Compensation Expense and Related Income Tax Benefits for Continuing Operations (Narrative) (Details) - 2021 ESPP - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Cash received from option exercises and purchases | $ 41 | $ 72 | $ 51 |
| Benefit realized for tax deduction from option exercises | $ 3 | $ 1 | $ 2 |
Stock-Based Compensation - Stock-Based Incentive Compensation Plans (Narrative) (Details) $ in Millions |
12 Months Ended |
|---|---|
|
Oct. 31, 2025
USD ($)
shares
| |
| Cash-settled awards and restricted stock awards | Minimum | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Vesting period | 1 year |
| Cash-settled awards and restricted stock awards | Maximum | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Vesting period | 3 years |
| Stock Options | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Granted (in shares) | 0 |
| Unrecognized pre-tax stock-based compensation expense | $ | $ 0.2 |
| Remaining weighted-average vesting period | 1 month 6 days |
| Stock Options | Minimum | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Vesting period | 3 years |
| Stock Options | Maximum | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Vesting period | 4 years |
| 2004 Plan | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Stock authorized for issuance (in shares) | 668,800,000 |
Stock-Based Compensation - Schedule of Assumptions Used to Measure Fair Value of Restricted Stock Units (Details) - Restricted Stock Units |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Expected volatility (as a percent) | 34.00% | 33.90% | 44.40% |
| Risk-free interest rate (as a percent) | 4.00% | 4.10% | 4.00% |
| Expected performance period in years | 2 years 10 months 24 days | 2 years 10 months 24 days | 2 years 10 months 24 days |
Stock-Based Compensation - Schedule of Restricted Stock Units Activity (Details) - Restricted Stock Units - $ / shares shares in Thousands |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Shares | |||
| Outstanding at beginning of year (in shares) | 31,868 | 30,209 | 28,688 |
| Granted (in shares) | 20,759 | 18,262 | 18,500 |
| Vested (in shares) | (14,912) | (14,483) | (15,291) |
| Forfeited (in shares) | (3,092) | (2,120) | (1,688) |
| Outstanding at end of year (in shares) | 34,623 | 31,868 | 30,209 |
| Weighted- Average Grant Date Fair Value Per Share | |||
| Outstanding at beginning of year (in dollars per share) | $ 30 | $ 31 | $ 30 |
| Granted (in dollars per share) | 34 | 32 | 31 |
| Vested (in dollars per share) | 31 | 33 | 29 |
| Forfeited (in dollars per share) | 32 | 31 | 31 |
| Outstanding at end of year (in dollars per share) | $ 32 | $ 30 | $ 31 |
Stock-Based Compensation - Restricted Stock Units (Narrative) (Details) - Restricted Stock Units - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Total grant date fair value of restricted stock awards vested | $ 465 | $ 471 | $ 442 |
| Unrecognized pre-tax stock-based compensation expense related to non-vested restricted stock awards | $ 438 | ||
| Remaining weighted-average vesting period | 1 year 4 months 24 days | ||
Stock-Based Compensation - Employee Stock Purchase Plan (Narrative) (Details) - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Stock-based compensation expense, net of tax | $ 434,000,000 | $ 375,000,000 | $ 366,000,000 |
| 2021 ESPP | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Maximum employee contribution limit (as a percent) | 10.00% | ||
| Stock purchase price (as a percent) | 95.00% | ||
| Stock-based compensation expense, net of tax | $ 0 | ||
| Stock authorized for issuance (in shares) | 50,000,000 | ||
Stock-Based Compensation - Schedule of Shares Available for Future Grant and Shares Reserved for Future Issuance (Details) - shares shares in Thousands |
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|---|---|---|---|
| Share-Based Payment Arrangement [Abstract] | |||
| Shares available for future grant (in shares) | 100,719 | 144,553 | 133,033 |
| Shares reserved for future issuance (in shares) | 139,863 | 181,463 | 169,503 |
Taxes on Earnings - Schedule of Domestic and Foreign Components of Earnings (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Domestic and foreign components of earnings (loss) before taxes | |||
| U.S. | $ 107 | $ 537 | $ 650 |
| Non-U.S. | 2,561 | 2,742 | 2,287 |
| Earnings before taxes | $ 2,668 | $ 3,279 | $ 2,937 |
Taxes on Earnings - Schedule of (Benefit from) Provision for Taxes on Earnings (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| U.S. federal taxes: | |||
| Current | $ (188) | $ 245 | $ 226 |
| Deferred | (121) | 34 | (549) |
| Non-U.S. taxes: | |||
| Current | 328 | 357 | 337 |
| Deferred | 95 | (193) | (305) |
| State taxes: | |||
| Current | (13) | 33 | 42 |
| Deferred | 38 | 28 | (77) |
| Provision for (benefit from) taxes | $ 139 | $ 504 | $ (326) |
Taxes on Earnings - Schedule of Differences Between U.S. Federal Statutory Income Tax Rate and HP's Effective Tax Rate (Details) |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Effective Income Tax Rate Reconciliation, Percent [Abstract] | |||
| U.S. federal statutory income tax rate from continuing operations | 21.00% | 21.00% | 21.00% |
| State income taxes, net of federal tax benefit | 2.40% | 2.20% | 1.70% |
| Impact of foreign earnings including GILTI and FDII, net | (2.90%) | (1.00%) | (1.10%) |
| Research and development (“R&D”) credit | (2.30%) | (1.10%) | (1.00%) |
| Valuation allowances | (2.50%) | (7.10%) | (7.30%) |
| Uncertain tax positions and audit settlements | (10.20%) | 1.00% | 2.40% |
| Changes in tax laws or rates enacted | 1.40% | 0.30% | (0.30%) |
| Impact of internal reorganization | 0.00% | 0.00% | (27.40%) |
| Other, net | (1.70%) | 0.10% | 0.90% |
| Effective tax rate | 5.20% | 15.40% | (11.10%) |
Taxes on Earnings - Provision for Taxes (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Income Tax Disclosure [Abstract] | |||
| Net income tax charges (benefits) | $ (415) | $ (214) | $ (1,100) |
| Uncertain tax positions | 273 | (39) | 27 |
| Restructuring benefits | 80 | 60 | 101 |
| Net valuation allowance release | 44 | 198 | 255 |
| Filing of tax returns in various jurisdictions | 28 | 14 | 58 |
| Audit settlements in various jurisdictions | 22 | (60) | |
| Litigation charges | 16 | ||
| Chnages in tax rate | 69 | 25 | |
| Tax benefit related to acquisition charges | 11 | 42 | |
| Internal reorganization | 726 | ||
| Tax charges for extinguishment of debt | 25 | ||
| Income tax benefits, reduced rates for subsidiaries in certain countries | $ 153 | $ 217 | $ 190 |
| Income tax benefits, reduced rates for subsidiaries in certain countries (in dollars per share) | $ 0.16 | $ 0.22 | $ 0.19 |
Taxes on Earnings - Schedule of Reconciliation of Unrecognized Tax Benefits (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Unrecognized Tax Benefits | |||
| Balance at beginning of year | $ 1,217 | $ 1,137 | $ 1,045 |
| Increases: | |||
| For current year’s tax positions | 85 | 82 | 61 |
| For prior years’ tax positions | 14 | 52 | 186 |
| Decreases: | |||
| For prior years’ tax positions | (79) | (9) | (35) |
| Statute of limitations expirations | (338) | (33) | (8) |
| Settlements with taxing authorities | (34) | (12) | (112) |
| Balance at end of year | $ 865 | $ 1,217 | $ 1,137 |
Taxes on Earnings - Uncertain Tax Positions (Narrative) (Details) $ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
|
Oct. 31, 2025
USD ($)
country
|
Oct. 31, 2024
USD ($)
|
Oct. 31, 2023
USD ($)
|
Oct. 31, 2022
USD ($)
|
|
| Income Tax Disclosure [Abstract] | ||||
| Unrecognized tax benefits | $ 865 | $ 1,217 | $ 1,137 | $ 1,045 |
| Unrecognized tax benefits that would affect effective tax rate if realized | 656 | |||
| Increase in gross unrecognized tax benefits | (352) | |||
| Accrued income tax for interest and penalties | $ 122 | $ 135 | $ 102 | |
| Likelihood of no resolution period | 12 months | |||
| Reasonably possible decrease in existing unrecognized tax benefits within the next 12 months | $ 42 | |||
| Number of other countries in which HP is subject to income taxes | country | 60 | |||
| Undistributed earnings from non-U.S. operations | $ 5,100 |
Taxes on Earnings - Schedule of Significant Components of Deferred Tax Assets and Deferred Tax Liabilities (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
Oct. 31, 2022 |
|---|---|---|---|---|
| Deferred tax assets: | ||||
| Loss and credit carryforwards | $ 6,792 | $ 7,050 | ||
| Intercompany transactions—excluding inventory | 208 | 357 | ||
| Fixed assets | 107 | 113 | ||
| Warranty | 81 | 100 | ||
| Employee and retiree benefits | 226 | 242 | ||
| Deferred revenue | 244 | 240 | ||
| Capitalized research and development | 1,187 | 1,014 | ||
| Operating lease liabilities | 244 | 272 | ||
| Investment in partnership | 672 | 710 | ||
| Other | 393 | 395 | ||
| Gross deferred tax assets | 10,154 | 10,493 | ||
| Valuation allowances | (6,479) | (6,688) | $ (6,994) | $ (7,592) |
| Total deferred tax assets | 3,675 | 3,805 | ||
| Deferred tax liabilities: | ||||
| Unremitted earnings of foreign subsidiaries | (36) | (107) | ||
| Right-of-use assets from operating leases | (211) | (235) | ||
| Intangible assets | (121) | (159) | ||
| Cash flow hedges | (5) | (24) | ||
| Total deferred tax liabilities | (373) | (525) | ||
| Total | $ 3,302 | $ 3,280 |
Taxes on Earnings - Schedule of Current and Long-term Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Income Tax Disclosure [Abstract] | ||
| Deferred tax assets | $ 3,318 | $ 3,311 |
| Deferred tax liabilities | (16) | (31) |
| Total | $ 3,302 | $ 3,280 |
Taxes on Earnings - Schedule of Deferred Tax Assets for Net Operating Loss Carryforwards (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
Oct. 31, 2022 |
|---|---|---|---|---|
| Operating Loss Carryforwards [Line Items] | ||||
| Valuation allowance | $ (6,479) | $ (6,688) | $ (6,994) | $ (7,592) |
| Operating loss carryforwards | ||||
| Operating Loss Carryforwards [Line Items] | ||||
| Gross NOLs | 25,984 | |||
| Deferred Taxes on NOLs | 6,575 | |||
| Valuation allowance | (6,051) | |||
| Federal | Operating loss carryforwards | ||||
| Operating Loss Carryforwards [Line Items] | ||||
| Gross NOLs | 33 | |||
| Deferred Taxes on NOLs | 7 | |||
| Valuation allowance | (1) | |||
| State | Operating loss carryforwards | ||||
| Operating Loss Carryforwards [Line Items] | ||||
| Gross NOLs | 1,817 | |||
| Deferred Taxes on NOLs | 97 | |||
| Valuation allowance | (23) | |||
| Foreign | Operating loss carryforwards | ||||
| Operating Loss Carryforwards [Line Items] | ||||
| Gross NOLs | 24,134 | |||
| Deferred Taxes on NOLs | 6,471 | |||
| Valuation allowance | $ (6,027) |
Taxes on Earnings - Schedule of Deferred Tax Assets for Various Tax Credit Carryforwards (Details) $ in Millions |
Oct. 31, 2025
USD ($)
|
|---|---|
| Deferred Tax Assets, Tax Credit Carryforwards [Abstract] | |
| Carryforward | $ 307 |
| U.S. R&D and other credits | 52 |
| Balance at end of year | 359 |
| Valuation Allowance [Line Items] | |
| Valuation Allowance | (61) |
| Tax credits in state and foreign jurisdictions | |
| Valuation Allowance [Line Items] | |
| Valuation Allowance | (61) |
| U.S. R&D and other credits | |
| Valuation Allowance [Line Items] | |
| Valuation Allowance | $ 0 |
Taxes on Earnings - Schedule of Deferred Tax Asset Valuation Allowance and Changes (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Movement in Valuation Allowances and Reserves | |||
| Balance at beginning of year | $ 6,688 | $ 6,994 | $ 7,592 |
| Income tax (benefit) expense | (230) | (300) | (650) |
| Goodwill, other comprehensive loss (income), currency translation and charges to other accounts | 21 | (6) | 52 |
| Balance at end of year | $ 6,479 | $ 6,688 | $ 6,994 |
Taxes on Earnings - Deferred Tax Asset Valuation Allowance (Narrative) (Details) - USD ($) $ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
Oct. 31, 2022 |
|
| Valuation Allowance [Line Items] | ||||
| Valuation allowance for deferred tax assets | $ 6,479 | $ 6,688 | $ 6,994 | $ 7,592 |
| Deferred tax asset valuation allowance | ||||
| Valuation Allowance [Line Items] | ||||
| Valuation allowance for deferred tax assets | 6,500 | 6,700 | 7,000 | |
| Decrease in valuation allowances | $ 209 | $ 306 | $ 598 | |
Supplementary Financial Information - Schedule of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
Oct. 31, 2022 |
|---|---|---|---|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||||
| Cash and cash equivalents | $ 3,690 | $ 3,238 | ||
| Restricted cash | 15 | 15 | ||
| Cash, cash equivalents and restricted cash | $ 3,705 | $ 3,253 | $ 3,232 | $ 3,145 |
Supplementary Financial Information - Schedule of Accounts Receivables (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Allowance for Doubtful Accounts Receivable | |||
| Balance at beginning of period | $ 83 | $ 93 | $ 107 |
| Current-period allowance for credit losses | 8 | 3 | (2) |
| Deductions, net of recoveries | (8) | (13) | (12) |
| Balance at end of period | $ 83 | $ 83 | $ 93 |
Supplementary Financial Information - Schedule of Trade Receivables Sold and Cash Received (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Receivables Sold but Not Collected from Third Party | |||
| Balance at beginning of year | $ 284 | $ 141 | $ 185 |
| Trade receivables sold | 11,830 | 12,200 | 13,391 |
| Cash receipts | (12,006) | (12,063) | (13,449) |
| Foreign currency and other | 9 | 6 | 14 |
| Balance at end of year | $ 117 | $ 284 | $ 141 |
Supplementary Financial Information - Schedule of Inventory (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
| Finished goods | $ 4,721 | $ 4,338 |
| Purchased parts and fabricated assemblies | 3,791 | 3,382 |
| Inventory | $ 8,512 | $ 7,720 |
Supplementary Financial Information - Schedule of Other Current Assets (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
| Supplier and other receivables | $ 1,981 | $ 2,180 |
| Prepaid and other current assets | 1,577 | 1,462 |
| Value-added taxes receivable | 986 | 1,028 |
| Other current assets | $ 4,544 | $ 4,670 |
Supplementary Financial Information - Schedule of Property, Plant and Equipment, Net (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Property, Plant and Equipment, Net | |||
| Property, plant and equipment, gross | $ 8,486 | $ 7,992 | |
| Accumulated depreciation | (5,437) | (5,078) | |
| Property, plant and equipment, net | 3,049 | 2,914 | |
| Depreciation expense | 523 | 501 | $ 491 |
| Land, buildings and leasehold improvements | |||
| Property, Plant and Equipment, Net | |||
| Property, plant and equipment, gross | 2,619 | 2,527 | |
| Machinery and equipment, including equipment held for lease | |||
| Property, Plant and Equipment, Net | |||
| Property, plant and equipment, gross | $ 5,867 | $ 5,465 | |
Supplementary Financial Information - Schedule of Other Non-Current Assets (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
| Deferred tax assets | $ 3,318 | $ 3,311 |
| Intangible assets | $ 1,012 | $ 1,319 |
| Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] | Other non-current assets, total | Other non-current assets, total |
| Right-of-use assets | $ 1,129 | $ 1,165 |
| Prepaid pension and post-retirement benefit assets | 425 | 362 |
| Deposits and prepaid | 316 | 322 |
| Other | 1,361 | 1,129 |
| Other non-current assets, total | $ 7,561 | $ 7,608 |
Supplementary Financial Information - Schedule of Other Current Liabilities (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
| Sales and marketing programs | $ 3,103 | $ 3,060 |
| Deferred revenue | 1,609 | 1,446 |
| Other accrued taxes | 1,258 | 1,233 |
| Employee compensation and benefit | 965 | 970 |
| Warranty | $ 401 | $ 486 |
| Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration] | Other current liabilities | Other current liabilities |
| Operating lease liabilities | $ 401 | $ 443 |
| Tax liability | 297 | 291 |
| Other | 2,328 | 2,449 |
| Other current liabilities | $ 10,362 | $ 10,378 |
Supplementary Financial Information - Schedule of Other Non-Current Liabilities (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
| Deferred revenue | $ 1,632 | $ 1,487 |
| Tax liability | 496 | 839 |
| Operating lease liabilities | $ 815 | $ 787 |
| Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration] | Other non-current liabilities | Other non-current liabilities |
| Pension, post-retirement, and post-employment liabilities | $ 564 | $ 607 |
| Deferred tax liability | 16 | 31 |
| Other | 513 | 531 |
| Other non-current liabilities | $ 4,036 | $ 4,282 |
Supplementary Financial Information - Schedule of Interest and other, net (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||
| Interest expense on borrowings | $ (430) | $ (452) | $ (548) |
| Factoring costs | (125) | (155) | (136) |
| Certain litigation benefits | 52 | 0 | 0 |
| Net (loss) gain on debt extinguishment | 0 | (3) | 107 |
| Non-operating retirement-related credits | 13 | 14 | 51 |
| Other, net | (16) | 57 | 7 |
| Interest and other, net | $ (506) | $ (539) | $ (519) |
Supplementary Financial Information - Schedule of Net Revenue by Region (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Revenues from External Customers and Long-Lived Assets [Line Items] | |||
| Total net revenue | $ 55,295 | $ 53,559 | $ 53,718 |
| Americas | |||
| Revenues from External Customers and Long-Lived Assets [Line Items] | |||
| Total net revenue | 23,545 | 23,251 | 23,095 |
| Europe, Middle East and Africa | |||
| Revenues from External Customers and Long-Lived Assets [Line Items] | |||
| Total net revenue | 18,596 | 18,044 | 17,819 |
| Asia-Pacific and Japan | |||
| Revenues from External Customers and Long-Lived Assets [Line Items] | |||
| Total net revenue | $ 13,154 | $ 12,264 | $ 12,804 |
Supplementary Financial Information - Value of Remaining Performance Obligations (Narrative) (Details) $ in Billions |
Oct. 31, 2025
USD ($)
|
|---|---|
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | |
| Remaining performance obligations | $ 4.3 |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-11-01 | |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | |
| Remaining performance obligations | $ 1.9 |
| Remaining performance obligations, period | 12 months |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-11-01 | |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | |
| Remaining performance obligations | $ 2.4 |
| Remaining performance obligations, period |
Supplementary Financial Information - Costs of Obtaining Contracts (Narrative) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Capitalized Contract Cost [Line Items] | |||
| Contract cost amortization | $ 68 | $ 86 | |
| Contract liability | 3,200 | 2,900 | $ 2,700 |
| Revenue recognized | 1,500 | 1,400 | |
| Deferred contract fulfillment | |||
| Capitalized Contract Cost [Line Items] | |||
| Capitalized contract costs | 33 | 36 | |
| Acquisition costs | |||
| Capitalized Contract Cost [Line Items] | |||
| Capitalized contract costs | $ 42 | $ 50 | |
Supplementary Financial Information - Supplier Finance Program (Narrative) (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
| Payment terms offered by HP | 30 days | |
| Obligations outstanding | $ 8,913 | $ 7,808 |
| Supplier Finance Program, Obligation, Statement of Financial Position [Extensible Enumeration] | Accounts payable | |
| Current obligations outstsanding | $ 100 | $ 100 |
| Supplier Finance Program, Obligation, Current, Statement of Financial Position [Extensible Enumeration] | Accounts payable |
Supplementary Financial Information - Schedule of Rollforward of the Obligations Under the Program (Details) $ in Millions |
12 Months Ended |
|---|---|
|
Oct. 31, 2025
USD ($)
| |
| Supplier Finance Program, Obligation [Roll Forward] | |
| Confirmed obligations outstanding at the beginning of the year | $ 7,808 |
| Invoices confirmed during the year | 44,022 |
| Confirmed invoices paid during the year | (42,921) |
| Foreign currency translation | 4 |
| Confirmed obligations outstanding at the end of the year | $ 8,913 |
Supplementary Financial Information - Government Assistance (Narrative) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Capitalized Contract Cost [Line Items] | |||
| Government assistance recognized | $ 196 | $ 126 | $ 117 |
| Reduction of cost of net revenue | $ 130 | $ 111 | $ 95 |
| Government Assistance Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag | government assistance | government assistance | government assistance |
| Government Assistance, Expense, Decrease (Increase), Statement of Income or Comprehensive Income [Extensible Enumeration] | Total cost of net revenue | Total cost of net revenue | Total cost of net revenue |
| Minimum | |||
| Capitalized Contract Cost [Line Items] | |||
| Grant agreements are usually for a period | 3 years | ||
| Maximum | |||
| Capitalized Contract Cost [Line Items] | |||
| Grant agreements are usually for a period | 5 years | ||
Goodwill and Intangible Assets - Schedule of Reportable Segments And Changes in the Carrying Amount of Goodwill (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Goodwill | |||
| Balance at beginning of period | $ 8,627 | $ 8,591 | |
| Acquisitions | 79 | 28 | |
| Foreign currency translation and other | 0 | 8 | |
| Balance at end of period | 8,706 | 8,627 | |
| Personal Systems | |||
| Goodwill | |||
| Balance at beginning of period | 4,748 | 4,722 | |
| Acquisitions | 0 | 26 | |
| Foreign currency translation and other | (24) | 0 | |
| Balance at end of period | 4,724 | 4,748 | |
| Printing | |||
| Goodwill | |||
| Balance at beginning of period | 3,761 | 3,751 | |
| Acquisitions | 0 | 2 | |
| Foreign currency translation and other | 24 | 8 | |
| Balance at end of period | 3,785 | 3,761 | |
| Corporate Investments | |||
| Goodwill | |||
| Balance at beginning of period | 118 | 118 | |
| Acquisitions | 79 | 0 | |
| Foreign currency translation and other | 0 | 0 | |
| Balance at end of period | 197 | 118 | |
| Accumulated impairment losses | $ 800 | $ 800 | $ 800 |
Goodwill and Intangible Assets - Schedule of Acquired Intangible Assets (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Intangible Asset, Acquired, Finite-Lived [Line Items] | ||
| Gross | $ 2,570 | $ 2,667 |
| Accumulated Amortization | 1,558 | 1,348 |
| Total | 1,012 | 1,319 |
| Customer contracts, customer lists and distribution agreements | ||
| Intangible Asset, Acquired, Finite-Lived [Line Items] | ||
| Gross | 726 | 783 |
| Accumulated Amortization | 428 | 372 |
| Total | 298 | 411 |
| Technology and patents | ||
| Intangible Asset, Acquired, Finite-Lived [Line Items] | ||
| Gross | 1,625 | 1,666 |
| Accumulated Amortization | 1,004 | 884 |
| Total | 621 | 782 |
| Trade name and trademarks | ||
| Intangible Asset, Acquired, Finite-Lived [Line Items] | ||
| Gross | 219 | 218 |
| Accumulated Amortization | 126 | 92 |
| Total | $ 93 | $ 126 |
Goodwill and Intangible Assets - Intangible Assets (Narrative) (Details) $ in Millions |
12 Months Ended |
|---|---|
|
Oct. 31, 2025
USD ($)
| |
| Customer contracts, customer lists and distribution agreements | |
| Intangible Asset, Acquired, Finite-Lived [Line Items] | |
| Impairment charges | $ 65 |
| Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration] | Amortization of intangible assets |
| Technology and patents | |
| Intangible Asset, Acquired, Finite-Lived [Line Items] | |
| Impairment charges | $ 27 |
| Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration] | Amortization of intangible assets |
Goodwill and Intangible Assets - Schedule of Estimated Future Amortization Expense (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Goodwill and Intangible Assets Disclosure [Abstract] | ||
| 2026 | $ 225 | |
| 2027 | 220 | |
| 2028 | 175 | |
| 2029 | 125 | |
| 2030 | 98 | |
| Thereafter | 169 | |
| Total | $ 1,012 | $ 1,319 |
Fair Value - Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Assets: | ||
| Cash Equivalents | $ 1,878 | $ 1,332 |
| Derivative Instruments | 183 | 229 |
| Liabilities: | ||
| Derivative Instruments | 244 | 182 |
| Marketable securities and mutual funds | ||
| Liabilities: | ||
| Debt securities, restricted | 63 | 78 |
| Fair Value, Recurring | ||
| Assets: | ||
| Total assets | 2,195 | 1,748 |
| Liabilities: | ||
| Total liabilities | 244 | 182 |
| Fair Value, Recurring | Government debt | ||
| Assets: | ||
| Cash Equivalents | 1,878 | 1,332 |
| Fair Value, Recurring | Financial institution instruments | ||
| Assets: | ||
| Available-for-Sale Investments | 3 | 3 |
| Fair Value, Recurring | Marketable securities and mutual funds | ||
| Assets: | ||
| Available-for-Sale Investments | 131 | 184 |
| Liabilities: | ||
| Debt securities, restricted | 63 | 78 |
| Fair Value, Recurring | Interest rate contracts | ||
| Assets: | ||
| Derivative Instruments | 0 | 4 |
| Liabilities: | ||
| Derivative Instruments | 1 | 22 |
| Fair Value, Recurring | Foreign currency contracts | ||
| Assets: | ||
| Derivative Instruments | 182 | 225 |
| Liabilities: | ||
| Derivative Instruments | 242 | 158 |
| Fair Value, Recurring | Other derivatives | ||
| Assets: | ||
| Derivative Instruments | 1 | 0 |
| Liabilities: | ||
| Derivative Instruments | 1 | 2 |
| Level 1 | Fair Value, Recurring | ||
| Assets: | ||
| Total assets | 1,887 | 1,386 |
| Liabilities: | ||
| Total liabilities | 0 | 0 |
| Level 1 | Fair Value, Recurring | Government debt | ||
| Assets: | ||
| Cash Equivalents | 1,878 | 1,332 |
| Level 1 | Fair Value, Recurring | Financial institution instruments | ||
| Assets: | ||
| Available-for-Sale Investments | 0 | 0 |
| Level 1 | Fair Value, Recurring | Marketable securities and mutual funds | ||
| Assets: | ||
| Available-for-Sale Investments | 9 | 54 |
| Level 1 | Fair Value, Recurring | Interest rate contracts | ||
| Assets: | ||
| Derivative Instruments | 0 | 0 |
| Liabilities: | ||
| Derivative Instruments | 0 | 0 |
| Level 1 | Fair Value, Recurring | Foreign currency contracts | ||
| Assets: | ||
| Derivative Instruments | 0 | 0 |
| Liabilities: | ||
| Derivative Instruments | 0 | 0 |
| Level 1 | Fair Value, Recurring | Other derivatives | ||
| Assets: | ||
| Derivative Instruments | 0 | 0 |
| Liabilities: | ||
| Derivative Instruments | 0 | 0 |
| Level 2 | Fair Value, Recurring | ||
| Assets: | ||
| Total assets | 308 | 362 |
| Liabilities: | ||
| Total liabilities | 244 | 182 |
| Level 2 | Fair Value, Recurring | Government debt | ||
| Assets: | ||
| Cash Equivalents | 0 | 0 |
| Level 2 | Fair Value, Recurring | Financial institution instruments | ||
| Assets: | ||
| Available-for-Sale Investments | 3 | 3 |
| Level 2 | Fair Value, Recurring | Marketable securities and mutual funds | ||
| Assets: | ||
| Available-for-Sale Investments | 122 | 130 |
| Level 2 | Fair Value, Recurring | Interest rate contracts | ||
| Assets: | ||
| Derivative Instruments | 0 | 4 |
| Liabilities: | ||
| Derivative Instruments | 1 | 22 |
| Level 2 | Fair Value, Recurring | Foreign currency contracts | ||
| Assets: | ||
| Derivative Instruments | 182 | 225 |
| Liabilities: | ||
| Derivative Instruments | 242 | 158 |
| Level 2 | Fair Value, Recurring | Other derivatives | ||
| Assets: | ||
| Derivative Instruments | 1 | 0 |
| Liabilities: | ||
| Derivative Instruments | 1 | 2 |
| Level 3 | Fair Value, Recurring | ||
| Assets: | ||
| Total assets | 0 | 0 |
| Liabilities: | ||
| Total liabilities | 0 | 0 |
| Level 3 | Fair Value, Recurring | Government debt | ||
| Assets: | ||
| Cash Equivalents | 0 | 0 |
| Level 3 | Fair Value, Recurring | Financial institution instruments | ||
| Assets: | ||
| Available-for-Sale Investments | 0 | 0 |
| Level 3 | Fair Value, Recurring | Marketable securities and mutual funds | ||
| Assets: | ||
| Available-for-Sale Investments | 0 | 0 |
| Level 3 | Fair Value, Recurring | Interest rate contracts | ||
| Assets: | ||
| Derivative Instruments | 0 | 0 |
| Liabilities: | ||
| Derivative Instruments | 0 | 0 |
| Level 3 | Fair Value, Recurring | Foreign currency contracts | ||
| Assets: | ||
| Derivative Instruments | 0 | 0 |
| Liabilities: | ||
| Derivative Instruments | 0 | 0 |
| Level 3 | Fair Value, Recurring | Other derivatives | ||
| Assets: | ||
| Derivative Instruments | 0 | 0 |
| Liabilities: | ||
| Derivative Instruments | $ 0 | $ 0 |
Fair Value - Narrative (Details) - USD ($) $ in Billions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Fair Value Disclosures [Abstract] | ||
| Fair value, short- and long-term debt | $ 9.6 | $ 9.4 |
| Debt securities, restricted | $ 9.7 | $ 9.7 |
Financial Instruments - Schedule of Cash Equivalents and Available-for-Sale Investments (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Cash Equivalents: | ||
| Cost | $ 1,878 | $ 1,332 |
| Gross Unrealized Gain | 0 | 0 |
| Gross Unrealized Loss | 0 | 0 |
| Fair Value | 1,878 | 1,332 |
| Available-for-Sale Investments: | ||
| Cost | 107 | 118 |
| Gross Unrealized Gain | 27 | 69 |
| Gross Unrealized Loss | 0 | 0 |
| Fair Value | 134 | 187 |
| Total cash equivalents and available-for-sale investments, cost | 1,985 | 1,450 |
| Total cash equivalents and available-for-sale investments, gross unrealized gain | 27 | 69 |
| Total cash equivalents and available-for-sale investments, gross unrealized loss | 0 | 0 |
| Total cash equivalents and available-for-sale investments, fair value | 2,012 | 1,519 |
| Government debt | ||
| Cash Equivalents: | ||
| Cost | 1,878 | 1,332 |
| Gross Unrealized Gain | 0 | 0 |
| Gross Unrealized Loss | 0 | 0 |
| Fair Value | 1,878 | 1,332 |
| Financial institution instruments | ||
| Available-for-Sale Investments: | ||
| Debt securities, cost | 3 | 3 |
| Debt securities, gross unrealized gain | 0 | 0 |
| Debt securities, gross unrealized loss | 0 | 0 |
| Debt securities, fair value | 3 | 3 |
| Marketable securities and mutual funds | ||
| Available-for-Sale Investments: | ||
| Equity securities, cost | 104 | 115 |
| Equity securities, gross unrealized gain | 27 | 69 |
| Equity securities, gross unrealized loss | 0 | 0 |
| Equity securities, fair value | 131 | 184 |
| Debt securities, restricted | $ 63 | $ 78 |
Financial Instruments - Narrative (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Derivative [Line Items] | |||
| Interest income | $ 89 | $ 78 | $ 67 |
| Cost method and other equity investments | 137 | 107 | |
| Collateralized arrangements in net liability position | $ 98 | $ 59 | |
| Period to collateralize | 2 days | ||
| Gain (loss) expected to be reclassified from AOCI into earnings in next 12 months | $ (41) | ||
| Cash flow hedges: | |||
| Derivative [Line Items] | |||
| Foreign currency maturity | 12 months | ||
Financial Instruments - Schedule of Contractual Maturities of Investments in Available-for-Sale Debt Securities (Details) $ in Millions |
Oct. 31, 2025
USD ($)
|
|---|---|
| Amortized Cost | |
| Due in less than one year | $ 15 |
| Due in one to five years | 49 |
| Amortized Cost | 64 |
| Fair Value | |
| Due in less than one year | 15 |
| Due in one to five years | 51 |
| Fair Value | $ 66 |
Financial Instruments - Schedule of Gross Notional and Fair Value of Derivative Financial Instruments in the Consolidated Condensed Balance Sheets (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Derivatives, Fair Value | ||
| Outstanding Gross Notional | $ 19,299 | $ 20,253 |
| Derivative instruments, assets | 183 | 229 |
| Derivative instruments, liabilities | $ 244 | $ 182 |
| Other Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative Asset, Statement of Financial Position [Extensible Enumeration] | Other current assets | Other current assets |
| Derivative instruments, assets | $ 156 | $ 189 |
| Other Non-Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative Asset, Statement of Financial Position [Extensible Enumeration] | Other non-current assets | Other non-current assets |
| Derivative instruments, assets | $ 27 | $ 40 |
| Other Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative Liability, Statement of Financial Position [Extensible Enumeration] | Other current liabilities | Other current liabilities |
| Derivative instruments, liabilities | $ 190 | $ 137 |
| Other Non-Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative Liability, Statement of Financial Position [Extensible Enumeration] | Other non-current liabilities | Other non-current liabilities |
| Derivative instruments, liabilities | $ 54 | $ 45 |
| Derivatives designated as hedging instruments | Fair value hedges: | Interest rate contracts | ||
| Derivatives, Fair Value | ||
| Outstanding Gross Notional | 250 | 750 |
| Derivatives designated as hedging instruments | Fair value hedges: | Interest rate contracts | Other Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 0 | 0 |
| Derivatives designated as hedging instruments | Fair value hedges: | Interest rate contracts | Other Non-Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 0 | 0 |
| Derivatives designated as hedging instruments | Fair value hedges: | Interest rate contracts | Other Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 1 | 11 |
| Derivatives designated as hedging instruments | Fair value hedges: | Interest rate contracts | Other Non-Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 0 | 10 |
| Derivatives designated as hedging instruments | Cash flow hedges: | ||
| Derivatives, Fair Value | ||
| Outstanding Gross Notional | 14,742 | 15,813 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Other Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 141 | 169 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Other Non-Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 27 | 40 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Other Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 175 | 128 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Other Non-Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 54 | 45 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Interest rate contracts | ||
| Derivatives, Fair Value | ||
| Outstanding Gross Notional | 0 | 500 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Interest rate contracts | Other Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 0 | 0 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Interest rate contracts | Other Non-Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 0 | 4 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Interest rate contracts | Other Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 0 | 0 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Interest rate contracts | Other Non-Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 0 | 1 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Foreign currency contracts | ||
| Derivatives, Fair Value | ||
| Outstanding Gross Notional | 14,492 | 14,563 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Foreign currency contracts | Other Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 141 | 169 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Foreign currency contracts | Other Non-Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 27 | 36 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Foreign currency contracts | Other Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 174 | 117 |
| Derivatives designated as hedging instruments | Cash flow hedges: | Foreign currency contracts | Other Non-Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 54 | 34 |
| Derivatives not designated as hedging instruments | ||
| Derivatives, Fair Value | ||
| Outstanding Gross Notional | 4,557 | 4,440 |
| Derivatives not designated as hedging instruments | Other Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 15 | 20 |
| Derivatives not designated as hedging instruments | Other Non-Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 0 | 0 |
| Derivatives not designated as hedging instruments | Other Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 15 | 9 |
| Derivatives not designated as hedging instruments | Other Non-Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 0 | 0 |
| Derivatives not designated as hedging instruments | Foreign currency contracts | ||
| Derivatives, Fair Value | ||
| Outstanding Gross Notional | 4,389 | 4,284 |
| Derivatives not designated as hedging instruments | Foreign currency contracts | Other Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 14 | 20 |
| Derivatives not designated as hedging instruments | Foreign currency contracts | Other Non-Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 0 | 0 |
| Derivatives not designated as hedging instruments | Foreign currency contracts | Other Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 14 | 7 |
| Derivatives not designated as hedging instruments | Foreign currency contracts | Other Non-Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 0 | 0 |
| Derivatives not designated as hedging instruments | Other derivatives | ||
| Derivatives, Fair Value | ||
| Outstanding Gross Notional | 168 | 156 |
| Derivatives not designated as hedging instruments | Other derivatives | Other Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 1 | 0 |
| Derivatives not designated as hedging instruments | Other derivatives | Other Non-Current Assets | ||
| Derivatives, Fair Value | ||
| Derivative instruments, assets | 0 | 0 |
| Derivatives not designated as hedging instruments | Other derivatives | Other Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | 1 | 2 |
| Derivatives not designated as hedging instruments | Other derivatives | Other Non-Current Liabilities | ||
| Derivatives, Fair Value | ||
| Derivative instruments, liabilities | $ 0 | $ 0 |
Financial Instruments - Schedule of Information Related to the Potential Effect of Entity's Master Netting Agreements and Collateral Security Agreements (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
|
| Derivative assets | ||
| Gross Amount Recognized | $ 183 | $ 229 |
| Gross Amount Offset | 0 | 0 |
| Net Amount Presented | 183 | 229 |
| Gross Amounts Not Offset | ||
| Derivatives | 143 | 113 |
| Financial Collateral | 15 | 88 |
| Net Amount | 25 | 28 |
| Derivative liabilities | ||
| Gross Amount Recognized | 244 | 182 |
| Gross Amount Offset | 0 | 0 |
| Net Amount Presented | 244 | 182 |
| Gross Amounts Not Offset | ||
| Derivatives | 143 | 113 |
| Financial Collateral | 279 | 61 |
| Net Amount | $ (178) | $ 8 |
| Period to collateralize | 2 days |
Financial Instruments - Schedule of Pre-Tax Effect of Derivative Instruments and Related Hedged Items in a Fair Value Hedging Relationship (Details) - Interest and other, net - Interest rate contracts - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Gain/(loss) recognized in earnings on derivative instruments | $ 20 | $ 36 | $ 20 |
| Gain/(loss) recognized in earnings on hedged item | $ (20) | $ (36) | $ (20) |
Financial Instruments - Schedule of Pre-Tax Effect of Derivative Instruments in Cash Flow Hedging Relationships Included in Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Gain/(loss) recognized in Accumulated other comprehensive (loss) income on derivatives | $ (211) | $ 51 | $ (427) |
| Foreign currency contracts | Cash flow hedges: | |||
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Gain/(loss) recognized in Accumulated other comprehensive (loss) income on derivatives | (214) | 47 | (427) |
| Interest rate contracts | Cash flow hedges: | |||
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Gain/(loss) recognized in Accumulated other comprehensive (loss) income on derivatives | $ 3 | $ 4 | $ 0 |
Financial Instruments - Schedule of Pre-Tax Effect of Derivative Instruments in Cash Flow Hedging Relationships Included in Earnings (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Pre-tax effect of derivative instruments in cash flow hedging relationships | |||
| Gain/ (loss) reclassified from Accumulated other comprehensive loss into earnings | $ (98) | $ 274 | $ 84 |
| Cash flow hedges: | |||
| Pre-tax effect of derivative instruments in cash flow hedging relationships | |||
| Gain/ (loss) reclassified from Accumulated other comprehensive loss into earnings | (98) | 274 | 84 |
| Cash flow hedges: | Products net revenue | |||
| Pre-tax effect of derivative instruments in cash flow hedging relationships | |||
| Gain/ (loss) reclassified from Accumulated other comprehensive loss into earnings | (32) | 408 | 243 |
| Cash flow hedges: | Cost of products net revenue | |||
| Pre-tax effect of derivative instruments in cash flow hedging relationships | |||
| Gain/ (loss) reclassified from Accumulated other comprehensive loss into earnings | (81) | (142) | (167) |
| Cash flow hedges: | Operating expenses | |||
| Pre-tax effect of derivative instruments in cash flow hedging relationships | |||
| Gain/ (loss) reclassified from Accumulated other comprehensive loss into earnings | 2 | (4) | (4) |
| Cash flow hedges: | Interest and other, net | |||
| Pre-tax effect of derivative instruments in cash flow hedging relationships | |||
| Gain/ (loss) reclassified from Accumulated other comprehensive loss into earnings | $ 13 | $ 12 | $ 12 |
Financial Instruments - Schedule of Pre-Tax Effect of Derivative Instruments Not Designated as Hedging Instruments Recognized in Interest and Other, Net in the Consolidated Condensed Statements of Earnings (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Gain/(loss) recognized in earnings on derivative instrument | $ (8) | $ 44 | $ (68) |
| Interest and other, net | Foreign currency contracts | |||
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Gain/(loss) recognized in earnings on derivative instrument | (11) | 44 | (65) |
| Interest and other, net | Other derivatives | |||
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Gain/(loss) recognized in earnings on derivative instrument | $ 3 | $ 0 | $ (3) |
Borrowings - Schedule of Notes Payable and Short-Term Borrowings (Details) - USD ($) $ in Millions |
Oct. 31, 2025 |
Oct. 31, 2024 |
|---|---|---|
| Amount Outstanding | ||
| Current portion of long-term debt | $ 788 | $ 1,358 |
| Notes payable to banks and other | $ 845 | $ 1,406 |
| Weighted-Average Interest Rate | ||
| Current portion of long-term debt | 3.20% | 5.00% |
| Notes payable to banks and other | ||
| Amount Outstanding | ||
| Notes payable to banks and other | $ 57 | $ 48 |
| Weighted-Average Interest Rate | ||
| Commercial paper and notes payable to banks, lines of credit and other | 0.00% | 0.00% |
Borrowings - Schedule of Long-Term Debt (Details) - USD ($) |
3 Months Ended | |
|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
|
| Debt Instrument [Line Items] | ||
| Total | $ 9,723,000,000 | |
| Fair value adjustment related to hedged debt | (1,000,000) | $ (21,000,000) |
| Unamortized debt issuance cost | (46,000,000) | (47,000,000) |
| Current portion of long-term debt | (788,000,000) | (1,358,000,000) |
| Total long-term debt | 8,821,000,000 | 8,263,000,000 |
| U.S. Dollar Global Notes | ||
| Debt Instrument [Line Items] | ||
| Total | 8,891,000,000 | 9,044,000,000 |
| $1,150 issued June 2020 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 1,150,000,000 | |
| Discount to par (percent) | 99.769% | |
| Interest rate (percent) | 2.20% | |
| Total | $ 0 | 1,150,000,000 |
| $1,000 issued June 2021 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 1,000,000,000 | |
| Discount to par (percent) | 99.808% | |
| Interest rate (percent) | 1.45% | |
| Total | $ 522,000,000 | 521,000,000 |
| $1,000 issued June 2020 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 1,000,000,000 | |
| Discount to par (percent) | 99.718% | |
| Interest rate (percent) | 3.00% | |
| Total | $ 999,000,000 | 999,000,000 |
| $900 issued June 2022 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 900,000,000 | |
| Discount to par (percent) | 99.841% | |
| Interest rate (percent) | 4.75% | |
| Total | $ 899,000,000 | 899,000,000 |
| $1,000 issued March 2022 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 1,000,000,000 | |
| Discount to par (percent) | 99.767% | |
| Interest rate (percent) | 4.00% | |
| Total | $ 999,000,000 | 999,000,000 |
| $500 issued April 2025 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 500,000,000 | |
| Discount to par (percent) | 99.732% | |
| Interest rate (percent) | 5.40% | |
| Total | $ 499,000,000 | 0 |
| $850 issued June 2020 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 850,000,000 | |
| Discount to par (percent) | 99.79% | |
| Interest rate (percent) | 3.40% | |
| Total | $ 503,000,000 | 503,000,000 |
| $1,000 issued June 2021 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 1,000,000,000 | |
| Discount to par (percent) | 99.573% | |
| Interest rate (percent) | 2.65% | |
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| $1,000 issued March 2022 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 1,000,000,000 | |
| Discount to par (percent) | 99.966% | |
| Interest rate (percent) | 4.20% | |
| Total | $ 676,000,000 | 676,000,000 |
| $1,100 issued June 2022 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 1,100,000,000 | |
| Discount to par (percent) | 99.725% | |
| Interest rate (percent) | 5.50% | |
| Total | $ 1,098,000,000 | 1,098,000,000 |
| $500 issued April 2025 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 500,000,000 | |
| Discount to par (percent) | 99.778% | |
| Interest rate (percent) | 6.10% | |
| Total | $ 499,000,000 | 0 |
| $1,200 issued September 2011 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 1,200,000,000 | |
| Discount to par (percent) | 99.863% | |
| Interest rate (percent) | 6.00% | |
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| $500 issued August 2022 | ||
| Debt Instrument [Line Items] | ||
| Face amount of debt instrument | $ 500,000,000 | |
| Issuance rate (percent) | 100.00% | |
| Interest rate (percent) | 4.75% | |
| Total | $ 0 | 3,000,000 |
| Repayments of long-term debt | 3,400,000 | |
| Other borrowings at 1.47%-7.07%, due in fiscal years 2026-2032 | ||
| Debt Instrument [Line Items] | ||
| Other borrowings at 1.47%-7.07%, due in fiscal years 2026-2032 | $ 765,000,000 | $ 645,000,000 |
| Other borrowings at 1.47%-7.07%, due in fiscal years 2026-2032 | Minimum | ||
| Debt Instrument [Line Items] | ||
| Interest rate (percent) | 1.47% | |
| Other borrowings at 1.47%-7.07%, due in fiscal years 2026-2032 | Maximum | ||
| Debt Instrument [Line Items] | ||
| Interest rate (percent) | 7.07% |
Borrowings - Narrative (Details) - USD ($) |
1 Months Ended | ||||
|---|---|---|---|---|---|
Aug. 01, 2024 |
Apr. 30, 2025 |
Mar. 31, 2024 |
Oct. 31, 2025 |
Oct. 31, 2024 |
|
| Debt Instrument [Line Items] | |||||
| Notional amount | $ 19,299,000,000 | $ 20,253,000,000 | |||
| Issuance costs | 46,000,000 | 47,000,000 | |||
| Discounts on debt issuance | 10,000,000 | ||||
| Fair value adjustment related to hedged debt | (1,000,000) | (21,000,000) | |||
| Commercial Paper | |||||
| Debt Instrument [Line Items] | |||||
| Maximum borrowing capacity under credit facility | 6,000,000,000 | ||||
| Credit Facility | |||||
| Debt Instrument [Line Items] | |||||
| Maximum borrowing capacity under credit facility | 5,000,000,000 | $ 5,000,000,000 | |||
| Lines of credit | |||||
| Debt Instrument [Line Items] | |||||
| Available borrowing resources | 1,100,000,000 | ||||
| Forward Contracts | |||||
| Debt Instrument [Line Items] | |||||
| Notional amount | $ 825,000,000 | ||||
| U.S. Dollar Global Notes , Due April 2030 And 2035 | Senior Notes | |||||
| Debt Instrument [Line Items] | |||||
| Face amount of debt instrument | 1,000,000,000 | ||||
| Payments of Debt Issuance Costs | 9,000,000 | ||||
| $500 issued April 2025 | |||||
| Debt Instrument [Line Items] | |||||
| Face amount of debt instrument | $ 500,000,000 | ||||
| Interest rate (percent) | 5.40% | ||||
| $500 issued April 2025 | Senior Notes | |||||
| Debt Instrument [Line Items] | |||||
| Face amount of debt instrument | $ 500,000,000 | ||||
| Interest rate (percent) | 5.40% | ||||
| $500 issued April 2025 | |||||
| Debt Instrument [Line Items] | |||||
| Face amount of debt instrument | $ 500,000,000 | ||||
| Interest rate (percent) | 6.10% | ||||
| $500 issued April 2025 | Senior Notes | |||||
| Debt Instrument [Line Items] | |||||
| Face amount of debt instrument | $ 500,000,000 | ||||
| Interest rate (percent) | 6.10% | ||||
| New Revolving Facility | Credit Facility | |||||
| Debt Instrument [Line Items] | |||||
| Revolving credit facility, term | 5 years | ||||
| 364-Day Revolving Credit Facility | Credit Facility | |||||
| Debt Instrument [Line Items] | |||||
| Maximum borrowing capacity under credit facility | $ 1,000,000,000 | ||||
| Revolving credit facility, term | 364 days | ||||
Borrowings - Schedule of Aggregate Future Maturities of Long-term Debt at Face Value (Details) $ in Millions |
Oct. 31, 2025
USD ($)
|
|---|---|
| Fiscal year | |
| 2026 | $ 847 |
| 2027 | 1,227 |
| 2028 | 1,060 |
| 2029 | 1,084 |
| 2030 | 1,027 |
| Thereafter | 4,478 |
| Total | $ 9,723 |
Stockholders’ Deficit - Narrative (Details) - USD ($) shares in Millions, $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Stockholders' Equity Note [Abstract] | |||
| Repurchases of common stock (in shares) | 29.6 | 62.7 | 3.6 |
| Payment in connection with repurchases of shares | $ 850 | $ 2,100 | $ 100 |
| Share repurchases that will be settled in subsequent period (in shares) | 0.2 | ||
| Share repurchase authorization remaining | $ 8,400 | ||
Stockholders' Deficit - Schedule of Changes and Reclassifications Related to Other Comprehensive (Loss) Income, Net of Taxes (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Components of accumulated other comprehensive income, net of taxes | |||
| Balance at the beginning of period | $ (1,323) | $ (1,069) | $ (3,025) |
| Tax effects on change in unrealized components | 5 | 46 | 119 |
| Other comprehensive loss, net of taxes | (23) | (211) | (508) |
| Balance at the end of period | (346) | (1,323) | (1,069) |
| Other comprehensive loss, net of taxes: | |||
| Components of accumulated other comprehensive income, net of taxes | |||
| Balance at the beginning of period | 14 | 7 | 6 |
| Unrealized (losses) gains arising during the period | 16 | 8 | 2 |
| Tax effects on change in unrealized components of available-for-sale securities | (1) | (1) | (1) |
| Other comprehensive loss, net of taxes | 15 | 7 | 1 |
| Balance at the end of period | 29 | 14 | 7 |
| Unrealized components of cash flow hedges | |||
| Components of accumulated other comprehensive income, net of taxes | |||
| Balance at the beginning of period | 47 | 230 | 648 |
| Unrealized (losses) gains arising during the period | (211) | 51 | (427) |
| Losses (gains) reclassified into earnings | 98 | (274) | (84) |
| Tax effects on change in unrealized components | 18 | 40 | 93 |
| Other comprehensive loss, net of taxes | (95) | (183) | (418) |
| Balance at the end of period | (48) | 47 | 230 |
| Unrealized components of defined benefit plans | |||
| Components of accumulated other comprehensive income, net of taxes | |||
| Balance at the beginning of period | (496) | (437) | (323) |
| Unrealized (losses) gains arising during the period | 30 | (76) | (141) |
| Tax effects on change in unrealized components | (11) | 7 | 27 |
| Other comprehensive loss, net of taxes | 46 | (59) | (114) |
| Balance at the end of period | (450) | (496) | (437) |
| Amortization of actuarial loss and prior service benefit | |||
| Components of accumulated other comprehensive income, net of taxes | |||
| Losses (gains) reclassified into earnings | 21 | 8 | 0 |
| Curtailments, settlements and other | |||
| Components of accumulated other comprehensive income, net of taxes | |||
| Losses (gains) reclassified into earnings | 6 | 2 | 0 |
| Cumulative translation adjustment | |||
| Components of accumulated other comprehensive income, net of taxes | |||
| Balance at the beginning of period | 1 | (23) | (46) |
| Unrealized (losses) gains arising during the period | 12 | 24 | 23 |
| Tax effects on change in unrealized components | (1) | 0 | 0 |
| Other comprehensive loss, net of taxes | 11 | 24 | 23 |
| Balance at the end of period | 12 | 1 | (23) |
| Accumulated Other Comprehensive (Loss) Income | |||
| Components of accumulated other comprehensive income, net of taxes | |||
| Balance at the beginning of period | (434) | (223) | 285 |
| Other comprehensive loss, net of taxes | (23) | (211) | (508) |
| Balance at the end of period | $ (457) | $ (434) | $ (223) |
Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Numerator: | |||
| Net earnings, basic | $ 2,529 | $ 2,775 | $ 3,263 |
| Net earnings, diluted | $ 2,529 | $ 2,775 | $ 3,263 |
| Denominator: | |||
| Weighted-average shares used to compute basic net EPS (in shares) | 946 | 979 | 992 |
| Dilutive effect of employee stock plans (in shares) | 7 | 10 | 8 |
| Weighted-average shares used to compute diluted net EPS (in shares) | 953 | 989 | 1,000 |
| Net earnings per share: | |||
| Basic (in dollars per share) | $ 2.67 | $ 2.83 | $ 3.29 |
| Diluted (in dollars per share) | $ 2.65 | $ 2.81 | $ 3.26 |
| Anti dilutive weighted-average stock-based compensation awards (in shares) | 8 | 1 | 4 |
Litigation and Contingencies (Details) $ in Millions |
1 Months Ended | 12 Months Ended | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Aug. 26, 2025
lawsuit
|
Aug. 08, 2025
lawsuit
|
Jul. 22, 2025
USD ($)
|
Jan. 24, 2013
USD ($)
|
Dec. 11, 2012
USD ($)
|
Apr. 21, 2012
USD ($)
|
May 10, 2010
USD ($)
employee
|
Feb. 29, 2024
USD ($)
|
Oct. 31, 2020
patent
|
Sep. 30, 2020
patent
|
Oct. 31, 2025
patent
|
Dec. 31, 2015
subsidiary
employee
|
Apr. 20, 2012
USD ($)
|
Apr. 11, 2012
USD ($)
|
|
| Litigation and Contingencies | ||||||||||||||
| Aggregate damages sought | $ 4,000 | |||||||||||||
| Loss contingency, damages awarded, value | $ 740 | |||||||||||||
| Media Content Protection LLC Patent Litigation | ||||||||||||||
| Litigation and Contingencies | ||||||||||||||
| Patents allegedly infringed | patent | 4 | |||||||||||||
| Patents withdrawn | patent | 2 | |||||||||||||
| Wilus | ||||||||||||||
| Litigation and Contingencies | ||||||||||||||
| Patents allegedly infringed | patent | 3 | |||||||||||||
| Philips | ||||||||||||||
| Litigation and Contingencies | ||||||||||||||
| Patents allegedly infringed | lawsuit | 2 | 3 | ||||||||||||
| Number of patents, seeking damages and product recall | lawsuit | 2 | |||||||||||||
| India Directorate of Revenue Intelligence Proceedings | ||||||||||||||
| Litigation and Contingencies | ||||||||||||||
| Number of current employees | employee | 7 | |||||||||||||
| Number of former employees | employee | 1 | |||||||||||||
| Aggregate damages sought | $ 370 | |||||||||||||
| Loss contingency deposit to prevent interruption of business | $ 16 | |||||||||||||
| Duties and penalties under show cause notices | $ 17 | $ 386 | ||||||||||||
| Amount deposited under show cause notice prior to order | $ 7 | $ 9 | ||||||||||||
| Additional amount deposited against products-related show cause notice | $ 10 | |||||||||||||
| Additional amount deposited against parts-related show cause notice | $ 3 | |||||||||||||
| Additional amount deposited against product order | $ 24 | |||||||||||||
| Autonomy-Related Legal Matters | Autonomy | ||||||||||||||
| Litigation and Contingencies | ||||||||||||||
| Number of subsidiaries | subsidiary | 4 | |||||||||||||
| Number of members | employee | 2 | |||||||||||||
Guarantees, Indemnifications and Warranties (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
|
| Changes in aggregated product warranty liabilities | ||
| Balance at beginning of year | $ 550 | $ 706 |
| Accruals for warranties issued | 670 | 721 |
| Adjustments related to pre-existing warranties (including changes in estimates) | (4) | 30 |
| Settlements made | (764) | (907) |
| Balance at end of year | $ 452 | $ 550 |
Commitments (Details) $ in Millions |
Oct. 31, 2025
USD ($)
|
|---|---|
| Fiscal year | |
| 2026 | $ 509 |
| 2027 | 227 |
| 2028 | 195 |
| 2029 | 111 |
| 2030 | 38 |
| Thereafter | 5 |
| Total | $ 1,085 |
Leases - Narrative (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
Oct. 31, 2023 |
|
| Lessee, Lease, Description [Line Items] | |||
| Operating lease assets, extensible enumeration | Other non-current assets | Other non-current assets | |
| Current operating lease liabilities, extensible enumeration | Other current liabilities | Other current liabilities | |
| Non-current operating lease liability, extensible enumeration | Other non-current liabilities | Other non-current liabilities | |
| Sales-type revenue, percentage of product net revenue (less than) | 1.00% | 1.00% | 1.00% |
| Net investment in leases | $ 859 | $ 705 | |
| Minimum | |||
| Lessee, Lease, Description [Line Items] | |||
| Operating lease term | 1 year | ||
| Maximum | |||
| Lessee, Lease, Description [Line Items] | |||
| Operating lease term | 15 years | ||
Leases - Schedule of Components of Lease Expense (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
|
| Leases [Abstract] | ||
| Operating lease cost | $ 249 | $ 230 |
| Variable cost | 100 | 106 |
| Total lease expense | $ 349 | $ 336 |
Leases - Schedule of Supplemental Cash Flow Information (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Oct. 31, 2025 |
Oct. 31, 2024 |
|
| Leases [Abstract] | ||
| Cash paid for amount included in the measurement of lease liabilities | $ 256 | $ 233 |
| Right-of-use assets obtained in exchange of lease liabilities | $ 452 | $ 411 |
| Weighted-average remaining lease term in years | 4 years 8 months 12 days | 4 years 1 month 6 days |
| Weighted-average discount rate | 6.90% | 6.50% |
Leases - Schedule of Operating Lease Payments (Details) $ in Millions |
Oct. 31, 2025
USD ($)
|
|---|---|
| Lessee, Operating Lease, Liability, Payment, Due [Abstract] | |
| 2026 | $ 474 |
| 2027 | 357 |
| 2028 | 193 |
| 2029 | 90 |
| 2030 | 57 |
| Thereafter | 216 |
| Total lease payments | 1,387 |
| Less: Imputed interest | 171 |
| Total lease liabilities | $ 1,216 |
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