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Condensed Consolidated and Combined Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2016
Jul. 31, 2015
Net revenue:        
Products $ 4,528 $ 4,811 $ 14,509 $ 14,190
Services 7,588 8,157 22,866 24,196
Financing income 94 89 270 273
Total net revenue 12,210 13,057 37,645 38,659
Costs and expenses:        
Cost of products 2,997 3,241 9,623 9,446
Cost of services 5,576 6,008 17,012 18,077
Financing interest 65 58 183 182
Research and development 555 602 1,764 1,686
Selling, general and administrative 1,938 2,040 5,957 5,987
Amortization of intangible assets 210 225 629 632
Restructuring charges 369 24 841 404
Acquisition and other related charges 37 46 127 69
Separation costs 135 255 305 458
Defined benefit plan settlement charges 0 178 0 178
Impairment of data center assets 0 136 0 136
Gain on H3C divestiture (2,169) 0 (2,169) 0
Total costs and expenses 9,713 12,813 34,272 37,255
Earnings from operations 2,497 244 3,373 1,404
Interest and other, net (18) 4 (212) (42)
Loss from equity interests (72) 0 (72) (2)
Earnings before taxes 2,407 248 3,089 1,360
Provision for taxes (135) (24) (230) (284)
Net earnings $ 2,272 $ 224 $ 2,859 $ 1,076
Net earnings per share:        
Basic (in dollars per share) [1] $ 1.35 $ 0.13 $ 1.66 $ 0.60
Diluted (in dollars per share) [1] 1.32 0.13 1.64 0.59
Cash dividends declared per share (in dollars per share) [1] $ 0.06 $ 0.00 $ 0.22 $ 0.00
Weighted average shares used to compute net earnings per share:        
Basic (in shares) [1] 1,681 1,804 1,722 1,804
Diluted (in shares) [1] 1,715 1,834 1,748 1,834
[1] On November 1, 2015, HP Inc. distributed a total of 1.8 billion shares of Hewlett Packard Enterprise common stock to HP Inc. stockholders as of the record date. For comparative purposes, the same number of shares used to compute basic and diluted net earnings per share ("EPS") for the fiscal year ended October 31, 2015 is used for the calculation of basic and diluted net EPS for all periods in fiscal 2015. See Note 16, "Net Earnings Per Share", for further details.