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Net Earnings Per Share
 12 Months Ended
Oct. 31, 2017
Earnings Per Share [Abstract]  
Net Earnings Per Share
Net Earnings Per Share
The Company calculates basic net EPS using net earnings and the weighted-average number of shares outstanding during the reporting period. Diluted net EPS includes the weighted-average dilutive effect of restricted stock units, stock options, and performance-based awards.
The reconciliations of the numerators and denominators of each of the basic and diluted net EPS calculations were as follows:
 
Fiscal years ended October 31,
 
2017
 
2016
 
2015
 
In millions, except per share amounts
Numerator:
 

 
 

 
 

Earnings from continuing operations
$
436

 
$
3,237

 
$
2,640

Loss from discontinued operations
(92
)
 
(76
)
 
(179
)
Net earnings
$
344

 
$
3,161

 
$
2,461

Denominator:
 

 
 

 
 

Weighted-average shares used to compute basic net EPS
1,646

 
1,715

 
1,804

Dilutive effect of employee stock plans(1)
28

 
24

 
30

Weighted-average shares used to compute diluted net EPS
1,674

 
1,739

 
1,834

Basic net earnings (loss) per share:
 
 
 
 
 
Continuing operations
$
0.26

 
$
1.89

 
$
1.46

Discontinued operations
(0.05
)
 
(0.05
)
 
(0.10
)
Basic net earnings per share
$
0.21

 
$
1.84

 
$
1.36

Diluted net earnings (loss) per share:
 

 
 

 
 

Continuing operations
$
0.26

 
$
1.86

 
$
1.44

Discontinued operations(2)
(0.05
)
 
(0.04
)
 
(0.10
)
Diluted net earnings per share
$
0.21

 
$
1.82

 
$
1.34

Anti-dilutive weighted-average stock awards(3)
8

 
32

 
28

 
(1)
For fiscal 2015, the Company calculated the weighted-average dilutive effect of employee stock plans after conversion by multiplying the dilutive Hewlett-Packard Company stock-based awards attributable to Hewlett Packard Enterprise employees for the fiscal year ended October 31, 2015 by the price conversion ratio used to convert those awards to equivalent units of Hewlett Packard Enterprise awards on the Separation date. The price conversion ratio was calculated using the closing price of Hewlett-Packard Company common shares on October 31, 2015 divided by the opening price of Hewlett Packard Enterprise common shares on November 2, 2015.
(2)
U.S. GAAP requires the denominator used in the diluted net EPS calculation for discontinued operations to be the same as that of continuing operations, regardless of net earnings (loss) from continuing operations.
(3)
The Company excludes shares potentially issuable under employee stock plans that could dilute basic net EPS in the future from the calculation of diluted net earnings (loss) per share, as their effect, if included, would have been anti-dilutive for the periods presented. For the fiscal year ended October 31, 2015, the Company's anti-dilutive shares were calculated by multiplying the anti-dilutive Hewlett-Packard Company stock-based awards attributable to Hewlett Packard Enterprise employees for the fiscal year ended October 31, 2015 by the price conversion ratio used to convert those awards to equivalent units of Hewlett Packard Enterprise awards on the Separation date. The price conversion ratio was calculated using the closing price of Hewlett-Packard Company common shares on October 31, 2015 divided by the opening price of Hewlett Packard Enterprise common shares on November 2, 2015.