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Segment Information (Tables)
6 Months Ended
Apr. 30, 2019
Segment Reporting [Abstract]  
Segment Operating Results from Continuing Operations
Segment Operating Results
 
Hybrid IT
 
Intelligent Edge
 
Financial
Services
 
Corporate
Investments
 
Total
 
In millions
Three months ended April 30, 2019
 

 
 

 
 

 
 

 
 

Net revenue
$
5,469

 
$
662

 
$
894

 
$
125

 
$
7,150

Intersegment net revenue and other
167

 
4

 
2

 

 
173

Total segment net revenue
$
5,636

 
$
666

 
$
896

 
$
125

 
$
7,323

Segment earnings (loss) from operations
$
645

 
$
20

 
$
77

 
$
(29
)
 
$
713

Three months ended April 30, 2018
 

 
 

 
 

 
 

 
 

Net revenue
$
5,721

 
$
699

 
$
914

 
$
134

 
$
7,468

Intersegment net revenue and other
172

 
7

 
2

 

 
181

Total segment net revenue
$
5,893

 
$
706

 
$
916

 
$
134

 
$
7,649

Segment earnings (loss) from operations
$
591

 
$
56

 
$
72

 
$
(28
)
 
$
691

Six months ended April 30, 2019
 
 
 
 
 
 
 
 
 
Net revenue
$
11,301

 
$
1,349

 
$
1,810

 
$
243

 
$
14,703

Intersegment net revenue and other
305

 
3

 
5

 

 
313

Total segment net revenue
$
11,606

 
$
1,352

 
$
1,815

 
$
243

 
$
15,016

Segment earnings (loss) from operations
$
1,320

 
$
29

 
$
154

 
$
(57
)
 
$
1,446

Six months ended April 30, 2018
 
 
 
 
 
 
 
 
 
Net revenue
$
11,721

 
$
1,351

 
$
1,800

 
$
270

 
$
15,142

Intersegment net revenue and other
330

 
11

 
4

 

 
345

Total segment net revenue
$
12,051

 
$
1,362

 
$
1,804

 
$
270

 
$
15,487

Segment earnings (loss) from operations
$
1,163

 
$
90

 
$
143

 
$
(54
)
 
$
1,342

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,
 
2019
 
2018
 
2019
 
2018
 
In millions
Net Revenue:
 
 
 

 
 

 
 

Total segments
$
7,323

 
$
7,649

 
$
15,016

 
$
15,487

Eliminations of intersegment net revenue and other
(173
)
 
(181
)
 
(313
)
 
(345
)
Total Hewlett Packard Enterprise condensed consolidated net revenue
$
7,150

 
$
7,468

 
$
14,703

 
$
15,142

Earnings before taxes:
 

 
 

 
 

 
 

Total segment earnings from operations
$
713

 
$
691

 
$
1,446

 
$
1,342

Unallocated corporate costs and eliminations
(64
)
 
(61
)
 
(114
)
 
(120
)
Unallocated stock-based compensation expense
(15
)
 
(20
)
 
(29
)
 
(50
)
Amortization of intangible assets
(69
)
 
(72
)
 
(141
)
 
(150
)
Restructuring charges

 
(10
)
 

 
(15
)
Transformation costs
(54
)
 
(120
)
 
(132
)
 
(365
)
Disaster charges
7

 

 
7

 

Acquisition, disposition and other related charges
(84
)
 
(16
)
 
(147
)
 
(46
)
Separation costs

 
(26
)
 

 
(2
)
Interest and other, net
(18
)
 
(78
)
 
(69
)
 
(99
)
Tax indemnification adjustments
4

 
(425
)
 
223

 
(1,344
)
Non-service net periodic benefit credit
17

 
31

 
33

 
64

Earnings (loss) from equity interests
3

 
(10
)
 
18

 
12

Total Hewlett Packard Enterprise condensed consolidated earnings (loss) from continuing operations before taxes
$
440

 
$
(116
)
 
$
1,095

 
$
(773
)
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,
 
2019
 
2018
 
2019
 
2018
 
In millions
Hybrid IT
 
 
 
 
 
 
 
Hybrid IT Product
 
 
 
 
 
 
 
Compute
$
3,093

 
$
3,263

 
$
6,495

 
$
6,781

Storage
942

 
912

 
1,917

 
1,860

Total Hybrid IT Product
4,035

 
4,175

 
8,412

 
8,641

HPE Pointnext
1,601

 
1,718

 
3,194

 
3,410

Total Hybrid IT
5,636

 
5,893

 
11,606

 
12,051

Intelligent Edge
 
 
 
 
 
 
 
HPE Aruba Product
577

 
629

 
1,174

 
1,211

HPE Aruba Services
89

 
77

 
178

 
151

Total Intelligent Edge
666

 
706

 
1,352

 
1,362

Financial Services
896

 
916

 
1,815

 
1,804

Corporate Investments
125

 
134

 
243

 
270

Total segment net revenue
7,323

 
7,649

 
15,016

 
15,487

Eliminations of intersegment net revenue and other        
(173
)
 
(181
)
 
(313
)
 
(345
)
Total Hewlett Packard Enterprise condensed consolidated net revenue(1)
$
7,150

 
$
7,468

 
$
14,703

 
$
15,142


(1)
Revenue from leasing arrangements within Financial Services and Eliminations of intersegment net revenue and other are not subject to the new revenue standard.
Net Revenue by Geographic Areas
The Company’s net revenue by geographic regions was as follows:
 
Three Months Ended April 30,
 
Six Months Ended April 30,
 
2019
 
2018
 
2019
 
2018
 
In millions
Americas
$
2,667

 
$
2,898

 
$
5,672

 
$
5,900

Europe, Middle East and Africa
2,727

 
2,787

 
5,637

 
5,624

Asia Pacific and Japan
1,756

 
1,783

 
3,394

 
3,618

Total Hewlett Packard Enterprise condensed consolidated net revenue(1)
$
7,150

 
$
7,468

 
$
14,703

 
$
15,142


(1)
Revenue from leasing arrangements within Financial Services and Eliminations of intersegment net revenue and other are not subject to the new revenue standard.