XML 36 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information (Tables)
 6 Months Ended
Apr. 30, 2018
Segment Reporting [Abstract]  
Segment Operating Results from Continuing Operations
Segment Operating Results from Continuing Operations
 
Hybrid IT
 
Intelligent Edge
 
Financial
Services
 
Corporate
Investments
 
Total
 
In millions
Three months ended April 30, 2018
 

 
 

 
 

 
 

 
 

Net revenue
$
5,851

 
$
703

 
$
914

 
$
—

 
$
7,468

Intersegment net revenue and other
172

 
7

 
2

 
—

 
181

Total segment net revenue
$
6,023

 
$
710

 
$
916

 
$
—

 
$
7,649

Segment earnings (loss) from operations
$
621

 
$
46

 
$
72

 
$
(22
)
 
$
717

Three months ended April 30, 2017
 

 
 

 
 

 
 

 
 

Net revenue
$
5,348

 
$
595

 
$
865

 
$
—

 
$
6,808

Intersegment net revenue and other(1)
289

 
11

 
7

 
—

 
307

Total segment net revenue
$
5,637

 
$
606

 
$
872

 
$
—

 
$
7,115

Segment earnings (loss) from operations
$
457

 
$
46

 
$
77

 
$
(28
)
 
$
552

Six months ended April 30, 2018
 

 
 

 


 
 

 
 

Net revenue
$
12,027

 
$
1,316

 
$
1,800

 
$
(1
)
 
$
15,142

Intersegment net revenue and other
327

 
14

 
4

 
—

 
345

Total segment net revenue
$
12,354

 
$
1,330

 
$
1,804

 
$
(1
)
 
$
15,487

Segment earnings (loss) from operations
$
1,229

 
$
64

 
$
144

 
$
(43
)
 
$
1,394

Six months ended April 30, 2017
 

 
 

 
 

 
 

 
 

Net revenue
$
10,884

 
$
1,157

 
$
1,669

 
$
—

 
$
13,710

Intersegment net revenue and other(1)
508

 
19

 
26

 
—

 
553

Total segment net revenue
$
11,392

 
$
1,176

 
$
1,695

 
$
—

 
$
14,263

Segment earnings (loss) from operations
$
1,190

 
$
62

 
$
153

 
$
(61
)
 
$
1,344

 
(1)
For the three and six months ended April 30, 2017, the amounts include the elimination of pre-separation intercompany sales to the former Enterprise Services and Software segments, which are included within Net loss from discontinued operations in the Condensed Consolidated Statements of Earnings.
Reconciliation of Segment Operating Results
The reconciliation of segment operating results to Hewlett Packard Enterprise condensed consolidated results was as follows:
 
Three Months Ended
April 30,
 
Six Months Ended
April 30,
 
2018
 
2017
 
2018
 
2017
 
In millions
Net Revenue:
 
 
 

 
 

 
 

Total segments
$
7,649

 
$
7,115

 
$
15,487

 
$
14,263

Elimination of intersegment net revenue and other
(181
)
 
(307
)
 
(345
)
 
(553
)
Total Hewlett Packard Enterprise condensed consolidated net revenue
$
7,468

 
$
6,808

 
$
15,142

 
$
13,710

Earnings before taxes:
 

 
 

 
 

 
 

Total segment earnings from operations
$
717

 
$
552

 
$
1,394

 
$
1,344

Unallocated corporate costs and eliminations
(54
)
 
(124
)
 
(108
)
 
(220
)
Unallocated stock-based compensation expense
(20
)
 
(24
)
 
(50
)
 
(67
)
Amortization of intangible assets
(72
)
 
(72
)
 
(150
)
 
(138
)
Restructuring charges
(9
)
 
(69
)
 
(12
)
 
(152
)
Transformation costs
(123
)
 
—

 
(368
)
 
—

Acquisition and other related charges
(16
)
 
(50
)
 
(46
)
 
(94
)
Separation costs
(26
)
 
(30
)
 
(2
)
 
(41
)
Defined benefit plan settlement (charges) and remeasurement benefit
—

 
12

 
—

 
16

Interest and other, net
(78
)
 
(86
)
 
(99
)
 
(164
)
Tax indemnification adjustments
(425
)
 
7

 
(1,344
)
 
(11
)
(Loss) earnings from equity interests
(10
)
 
(3
)
 
12

 
(25
)
Total Hewlett Packard Enterprise condensed consolidated (loss) earnings from continuing operations before taxes
$
(116
)
 
$
113

 
$
(773
)
 
$
448
Reconciliation of Assets from Segment to Consolidated
Total assets by segment and the reconciliation of segment assets to Hewlett Packard Enterprise condensed consolidated assets were as follows:
 
As of
 
April 30, 2018
 
October 31, 2017
 
In millions
Hybrid IT
$
26,488

 
$
25,923

Intelligent Edge
3,042

 
3,002

Financial Services
13,560

 
13,470

Corporate Investments
160

 
161

Corporate and unallocated assets
16,626

 
18,850

Total Hewlett Packard Enterprise condensed consolidated assets
$
59,876

 
$
61,406
Schedule of Net Revenue by Segment and Business Unit
Net revenue by segment and business unit was as follows:
 
Three Months Ended
April 30,
 
Six Months Ended
April 30,
 
2018
 
2017
 
2018
 
2017
 
In millions
Hybrid IT
 
 
 
 
 
 
 
Hybrid IT Product
 
 
 
 
 
 
 
Compute
$
3,213

 
$
3,033

 
$
6,705

 
$
6,176

Storage
912

 
734

 
1,860

 
1,498

DC Networking
46

 
45

 
108

 
94

Total Hybrid IT Product
4,171

 
3,812

 
8,673

 
7,768

HPE Pointnext
1,852

 
1,825

 
3,681

 
3,624

Total Hybrid IT
6,023

 
5,637

 
12,354

 
11,392

Intelligent Edge
 
 
 
 
 
 
 
HPE Aruba Product
635

 
538

 
1,184

 
1,041

HPE Aruba Services
75

 
68

 
146

 
135

Total Intelligent Edge
710

 
606

 
1,330

 
1,176

Financial Services
916

 
872

 
1,804

 
1,695

Corporate Investments
—

 
—

 
(1
)
 
—

Total segment net revenue
7,649

 
7,115

 
15,487

 
14,263

Eliminations of intersegment net revenue and other        
(181
)
 
(307
)
 
(345
)
 
(553
)
Total Hewlett Packard Enterprise condensed consolidated net revenue
$
7,468

 
$
6,808

 
$
15,142

 
$
13,710