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Retirement and Post-Retirement Benefit Plans (Tables)
 12 Months Ended
Oct. 31, 2018
Retirement Benefits [Abstract]  
Schedule of net pension benefit (credit) costs
The Company's net pension and post-retirement benefit costs that were directly attributable to the eligible employees, retirees and other former employees of Hewlett Packard Enterprise and recognized in the Consolidated Statements of Earnings for fiscal 2018, 2017 and 2016 are presented in the table below.
 
As of October 31,
 
2018
 
2017
 
2016
 
2018
 
2017
 
2016
 
Defined
Benefit Plans
 
Post-Retirement
Benefit Plans
 
In millions
Service cost
$
105

 
$
139

 
$
199

 
$
1

 
$
3

 
$
3

Interest cost
225

 
213

 
317

 
7

 
6

 
6

Expected return on plan assets
(567
)
 
(548
)
 
(667
)
 
(1
)
 
(2
)
 
(2
)
Amortization and deferrals:
 

 
 

 
 

 
 

 
 

 
 

Actuarial loss (gain)
211

 
264

 
220

 
(3
)
 
(2
)
 
(3
)
Prior service benefit
(17
)
 
(17
)
 
(19
)
 
—

 
—

 
—

Net periodic benefit cost
(43
)

51


50


4


5


4

Curtailment gain
(1
)
 
(1
)
 
—

 
—

 
—

 
—

Settlement loss
20

 
15

 
4

 
—

 
—

 
—

Special termination benefits
6

 
5

 
5

 
—

 
—

 
—

Plan credit allocation(1)
—

 
(14
)
 
(15
)
 
—

 
(1
)
 
(1
)
Net benefit (credit) cost from continuing operations(2)
(18
)
 
56

 
44

 
4

 
4

 
3

Summary of net benefit (credit) cost:
 
 
 
 
 
 
 
 
 
 
 
Continuing operations
(18
)
 
56

 
44

 
4

 
4

 
3

Discontinued operations
—

 
81

 
92

 
—

 
1

 
1

Total net benefit (credit) cost
$
(18
)
 
$
137

 
$
136

 
$
4

 
$
5

 
$
4


 
(1)
Plan credit allocation represents the net cost impact of employees of HPE covered under Everett or Seattle plans and employees of Everett or Seattle covered under HPE plans.
(2)
Net benefit cost from continuing operations for the Company's U.S. defined benefit plans, included in the above table, was not material for fiscal 2018, 2017 and 2016.
Schedule of weighted average assumptions used to calculate net benefit (credit) cost
The weighted-average assumptions used to calculate the net benefit (credit) cost from continuing operations in the table above for fiscal 2018, 2017 and 2016 were as follows:
 
As of October 31,
 
2018
 
2017
 
2016
 
2018
 
2017
 
2016
 
Defined
Benefit Plans
 
Post-Retirement
Benefit Plans
Discount rate used to determine benefit obligation
2.0
%
 
2.0
%
 
2.7
%
 
4.5
%
 
4.2
%
 
4.6
%
Discount rate used to determine service cost
2.4
%
 
2.0
%
 
2.7
%
 
3.7
%
 
3.7
%
 
4.6
%
Discount rate used to determine interest cost
1.7
%
 
1.8
%
 
2.7
%
 
4.2
%
 
3.8
%
 
4.6
%
Expected increase in compensation levels
2.3
%
 
2.4
%
 
2.3
%
 
—

 
—

 
—

Expected long-term return on plan assets
4.4
%
 
4.4
%
 
5.8
%
 
2.6
%
 
3.1
%
 
4.0
%
Schedule of funded status of the direct plans
The funded status of the plans was as follows:
 
As of October 31,
 
2018
 
2017
 
2018
 
2017
 
Defined
Benefit Plans
 
Post-Retirement
Benefit Plans
 
In millions
Change in fair value of plan assets:
 

 
 

 
 

 
 

Fair value—beginning of year
$
12,610

 
$
11,989

 
$
50

 
$
47

Transfers(1)
6

 
(799
)
 
—

 
—

Addition/deletion of plans(2)
181

 
5

 
—

 
—

Actual return on plan assets
93

 
941

 
1

 
1

Employer contributions
158

 
266

 
6

 
4

Participant contributions
25

 
17

 
4

 
4

Benefits paid
(450
)
 
(408
)
 
(9
)
 
(6
)
Settlement
(104
)
 
(60
)
 
—

 
—

Currency impact
(352
)
 
659

 
—

 
—

Fair value—end of year(3)
$
12,167


$
12,610


$
52


$
50

Change in benefit obligation:
 

 
 

 
 

 
 

Projected benefit obligation—beginning of year
$
13,069

 
$
13,555

 
$
170

 
$
158

Transfers(1)
5

 
(668
)
 
—

 
—

Addition/deletion of plans(2)
181

 
19

 
—

 
—

Service cost
105

 
139

 
1

 
3

Interest cost
225

 
213

 
7

 
6

Participant contributions
25

 
17

 
4

 
4

Actuarial (gain) loss
(40
)
 
(445
)
 
(9
)
 
4

Benefits paid
(450
)
 
(408
)
 
(9
)
 
(6
)
Plan amendments
22

 
(1
)
 
—

 
—

Curtailment
(4
)
 
(1
)
 
—

 
—

Settlement
(104
)
 
(60
)
 
—

 
—

Special termination benefits
6

 
5

 
—

 
—

Currency impact
(372
)
 
704

 
(4
)
 
1

Projected benefit obligation—end of year(3)
$
12,668

 
$
13,069

 
$
160

 
$
170

Funded status at end of year
$
(501
)
 
$
(459
)
 
$
(108
)
 
$
(120
)
Accumulated benefit obligation
$
12,446

 
$
12,832

 
$
—

 
$
—

 
(1)
In fiscal 2017, in connection with the Everett and Seattle Transactions, the Company transferred plan assets and liabilities from the Company's plans to newly established Everett and Seattle plans. The Company transferred net plan assets of $702 million and $97 million to Everett and Seattle, respectively, and liabilities of $503 million and $165 million to Everett and Seattle, respectively.
(2)
Includes the addition/deletion of plans resulting from acquisitions or divestitures. Fiscal 2018 amounts relate primarily to the addition of a Belgium plan.
(3)
As of October 31, 2018 and 2017, the Company's U.S. defined benefit plans had zero plan assets and a projected benefit obligation of $5 million for both fiscal years.
Schedule of weighted-average assumptions used to calculate the projected benefit obligations
The weighted-average assumptions used to calculate the projected benefit obligations were as follows:
 
As of October 31,
 
2018
 
2017
 
2018
 
2017
 
Defined
Benefit Plans
 
Post-Retirement
Benefit Plans
Discount rate
2.1
%
 
2.0
%
 
4.9
%
 
4.5
%
Expected increase in compensation levels
2.5
%
 
2.3
%
 
—

 
—
Schedule of net amount recognized for the direct plans in the entity's Combined Balance Sheets
The net amounts recognized for defined benefit and post-retirement benefit plans in the Company's Consolidated Balance Sheets were as follows:
 
As of October 31,
 
2018
 
2017
 
2018
 
2017
 
Defined
Benefit Plans
 
Post-Retirement
Benefit Plans
 
In millions
Non-current assets
$
829

 
$
830

 
$
—

 
$
—

Current liabilities
(40
)
 
(39
)
 
(6
)
 
(4
)
Non-current liabilities
(1,290
)
 
(1,250
)
 
(102
)
 
(116
)
Funded status at end of year
$
(501
)

$
(459
)

$
(108
)

$
(120
)
Summary of pre-tax net actuarial loss and prior service benefit recognized in accumulated other comprehensive loss for direct defined benefit plans
The following table summarizes the pre-tax net actuarial loss and prior service benefit recognized in Accumulated other comprehensive loss for the defined benefit plans:
 
As of October 31, 2018
 
Defined
Benefit Plans
 
Post-Retirement
Benefit Plans
 
In millions
Net actuarial loss (gain)
$
2,938

 
$
(11
)
Prior service benefit
(65
)
 
—

Total recognized in accumulated other comprehensive loss
$
2,873


$
(11
)
Summary of actuarial loss and prior service benefit for direct plans that are expected to be amortized from Accumulated other comprehensive loss and recognized as components of net periodic benefit cost (credit)
The following table summarizes the net actuarial loss and prior service benefit for plans that are expected to be amortized from Accumulated other comprehensive loss and recognized as components of net periodic benefit cost (credit) during the next fiscal year.
 
As of October 31, 2018
 
Defined
Benefit Plans
 
Post-Retirement
Benefit Plans
 
In millions
Net actuarial loss (gain)
$
228

 
$
(4
)
Prior service benefit
(15
)
 
—

Total expected to be recognized in net periodic benefit cost (credit)
$
213


$
(4
)
Schedule of direct defined benefit plans with projected benefit obligations exceeding the fair value of plan assets
Defined benefit plans with projected benefit obligations exceeding the fair value of plan assets were as follows:
 
As of October 31,
 
2018
 
2017
 
In millions
Aggregate fair value of plan assets
$
2,314

 
$
2,596

Aggregate projected benefit obligation
$
3,644

 
$
3,884
Schedule of direct defined benefit plans with accumulated benefit obligations exceeding the fair value of plan assets
Defined benefit plans with accumulated benefit obligations exceeding the fair value of plan assets were as follows:
 
As of October 31,
 
2018
 
2017
 
In millions
Aggregate fair value of plan assets
$
2,291

 
$
1,272

Aggregate accumulated benefit obligation
$
3,495

 
$
2,476
Schedule of fair value of direct plan non-U.S. defined benefit plan assets by asset category within the fair value hierarchy
The table below sets forth the fair value of non-U.S defined benefit plan assets by asset category within the fair value hierarchy as of October 31, 2018 and 2017.
 
As of
October 31, 2018
 
As of
October 31, 2017
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
In millions
Asset Category:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Equity securities
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

U.S. 
$
187

 
$
7

 
$
—

 
$
194

 
$
270

 
$
13

 
$
—

 
$
283

Non-U.S. 
344

 
225

 
—

 
569

 
365

 
140

 
—

 
505

Non-U.S. at NAV(1)
 
 
 
 
 
 
473

 
 
 
 
 
 
 
480

Debt securities
 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Corporate
—

 
1,221

 
—

 
1,221

 
—

 
1,966

 
—

 
1,966

Government(7)
—

 
4,621

 
—

 
4,621

 
—

 
702

 
—

 
702

Government at NAV(2)
 
 
 
 
 
 
692

 
 
 
 
 
 
 
687

Alternative investments
 
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Private Equity
—

 
2

 
40

 
42

 
—

 
7

 
33

 
40

Hybrids(3)
—

 
1,214

 
132

 
1,346

 
—

 
492

 
—

 
492

Hybrids at NAV(4)


 


 


 
506

 


 


 


 
2,339

Hedge Funds
—

 
45

 
—

 
45

 
—

 
63

 
—

 
63

Hedge Funds at NAV
 
 
 
 
 
 
—

 
 
 
 
 
 
 
21

Common Contractual Funds at NAV(5)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equities at NAV


 


 


 
1,929

 


 


 


 
2,547

Fixed Income at NAV


 


 


 
639

 


 


 


 
701

Emerging Markets at NAV


 


 


 
275

 


 


 


 
368

Alternative investments at NAV


 


 


 
378

 


 


 


 
363

Real Estate Funds
6

 
186

 
37

 
229

 
38

 
158

 
57

 
253

Insurance Group Annuity Contracts
—

 
59

 
38

 
97

 
—

 
35

 
52

 
87

Cash and Cash Equivalents
167

 
256

 
—

 
423

 
184

 
363

 
—

 
547

Other(6)
39

 
250

 
1

 
290

 
43

 
122

 
1

 
166

Obligation to return cash received from repurchase agreements(7)
—

 
(1,802
)
 
—

 
(1,802
)
 
—

 
—

 
—

 
—

Total
$
743

 
$
6,284

 
$
248

 
$
12,167

 
$
900

 
$
4,061

 
$
143

 
$
12,610

 
(1)
Includes various worldwide equity index funds with the objective to provide returns that are consistent with the FTSE All World indexes. While the funds are not publicly traded, the custodians strike a net asset value at least monthly. There are no redemption restrictions or future commitments on these investments.
(2)
Includes various government bonds issued by worldwide governments, interest rate swaps, and cash, to match or slightly outperform the benchmark of the future liabilities of the funds. While the funds are not publicly traded, the custodians strike a net asset value daily. There are no redemption restrictions or future commitments on these investments.
(3)
Includes a fund that invests in both private and public equities primarily in the UK, as well as emerging markets across all sectors. The fund also holds fixed income and derivative instruments to hedge interest rate and inflation risk. In addition, the fund includes units in transferable securities, collective investment schemes, money market funds, asset-backed income, private debt, cash, and deposits.
(4)
Includes pooled funds that invest in asset-backed securities awaiting investment into non-liquid secured income opportunities. Units are available for subscription on the first day of each calendar month at net asset value. In fiscal 2017, also included pooled funds that invest in government bonds and derivative instruments, such as interest rate swaps, future contracts and repurchase agreements with the objective to provide nominal and/or inflation-linked returns. While the funds in fiscal 2017 were not publicly traded, the custodians struck a net asset value at least monthly. There are no redemption restrictions or future commitments on these investments.
(5)
HP Invest Common Contractual Funds (CCFs) are investment arrangements in which institutional investors pool their assets.  Units may be acquired in four different sub-funds focused on equities, fixed income, alternative investments, and emerging markets. Each sub-fund is invested in accordance with the fund’s investment objective and units are issued in relation to each sub-fund. While the sub-funds are not publicly traded, the custodian strikes a net asset value either once or twice a month, depending on the sub-fund. There are no redemption restrictions or future commitments on these investments.
(6)
Includes international insured contracts, derivative instruments, mortgage backed securities, and unsettled transactions.
(7)
Repurchase agreements, primarily in the UK, represent the plans' short-term borrowing to hedge against interest rate and inflation risks. Investments in government bonds collateralize this short-term borrowing. The plans have an obligation to return the cash after the term of the agreements. Due to the short-term nature of the agreements, the outstanding balance of the obligation approximates fair value.
Schedule of changes in fair value measurements of Level 3 investments for Direct non-U.S. defined benefit plans
Changes in fair value measurements of Level 3 investments for the non-U.S. defined benefit plans were as follows:
 
Fiscal year ended October 31, 2018
 
Alternative
Investments
 
 
 
 
 
 
 
 
 
Private
Equity
Hybrids
 
Real
Estate
Funds
 
Insurance
Group
Annuities
 
Other
 
Total
 
In millions
Balance at beginning of year
$
33

$
—

 
$
57

 
$
52

 
$
1

 
$
143

Actual return on plan assets:
 



 
 

 
 

 
 
 
 
Relating to assets held at the reporting date
6

2

 
—

 
(7
)
 
—

 
1

Relating to assets sold during the period
5

—

 
—

 
—

 
—

 
5

Purchases, sales, and settlements
(4
)
130

 
(20
)
 
(7
)
 
—

 
99

Transfers in and/or out of Level 3
—

—

 
—

 
—

 
—

 
—

Balance at end of year
$
40

$
132

 
$
37

 
$
38

 
$
1

 
$
248


 
Fiscal year ended October 31, 2017
 
Alternative
Investments
 
 
 
 
 
 
 
 
 
Private
Equity
 
Real
Estate
Funds
 
Insurance
Group
Annuities
 
Other
 
Total
 
In millions
Balance at beginning of year
$
32

 
$
26

 
$
63

 
$
8

 
$
129

Actual return on plan assets:
 

 
 

 
 

 
 

 
 

Relating to assets held at the reporting date
—

 
3

 
(39
)
 
12

 
(24
)
Relating to assets sold during the period
1

 
—

 
—

 
—

 
1

Purchases, sales, and settlements
—

 
—

 
—

 
28

 
28

Transfers in and/or out of Level 3
—

 
28

 
28

 
(47
)
 
9

Balance at end of year
$
33

 
$
57

 
$
52

 
$
1

 
$
143
Schedule of weighted-average target and actual asset allocations across the benefit plans
The weighted-average target and actual asset allocations across the benefit plans at the respective measurement dates for the non-U.S. defined benefit plans were as follows:
 
Defined
Benefit Plans
 
 
 
Plan Assets
Asset Category
2018
Target
Allocation
 
2018
 
2017
Public equity securities
 

 
28.7
%
 
33.8
%
Private/hybrid equity securities
 

 
18.7
%
 
25.7
%
Real estate and other
 

 
4.2
%
 
3.3
%
Equity-related investments
56.3
%
 
51.6
%
 
62.8
%
Debt securities
41.9
%
 
44.9
%
 
32.9
%
Cash and cash equivalents
1.8
%
 
3.5
%
 
4.3
%
Total
100.0
%
 
100.0
%
 
100.0
%
Schedule of estimated future benefits payable for the Company's direct retirement plans
As of October 31, 2018, estimated future benefits payments for the Company's retirement plans were as follows:
Fiscal year
Defined
Benefit Plans
 
Post-Retirement
Benefit Plans
 
In millions
2019
$
453

 
$
9

2020
427

 
10

2021
449

 
10

2022
469

 
10

2023
492

 
11

Next five fiscal years to October 31, 2028
2,704

 
59