Financial Instruments (Tables)

9 Months Ended

Jul. 31, 2016

Investments, All Other Investments [Abstract]

Schedule of Cash Equivalents and Available-for-Sale Investments

Cash Equivalents and Available-for-Sale Investments



	As of July 31, 2016								As of October 31, 2015
	Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value		Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value
	In millions
Cash Equivalents:
Time deposits	$	1,915	$	—	$	—	$	1,915	$	1,111	$	—	$	—	$	1,111
Money market funds	2,527		—		—		2,527		4,303		—		—		4,303
Total cash equivalents	4,442		—		—		4,442		5,414		—		—		5,414
Available-for-Sale Investments:
Equity securities in public companies	1		5		—		6		1		4		—		5
Foreign bonds	36		11		—		47		32		10		—		42
Other debt securities	2		—		—		2		2		—		—		2
Total available-for-sale investments	39		16		—		55		35		14		—		49
Total cash equivalents and available-for-sale investments	$	4,481	$	16	$	—	$	4,497	$	5,449	$	14	$	—	$	5,463

Schedule of Contractual Maturities of Investments in Available-for-Sale Debt Securities

Contractual maturities of investments in available-for-sale debt securities were as follows:



	As of July 31, 2016
	Amortized Cost		Fair Value
	In millions
Due in one year	$	2	$	2
Due in one to five years	$	—	$	—
Due in more than five years	$	36	$	47

Schedule of Gross Notional and Fair Value of Derivative Financial Instruments in the Consolidated Condensed Balance Sheets

The gross notional and fair value of derivative instruments in the Consolidated Condensed Balance Sheets were as follows:



	As of July 31, 2016										As of October 31, 2015
	Outstanding Gross Notional		Other Current Assets		Other Non-Current Assets		Other Accrued Liabilities		Other Non-Current Liabilities		Outstanding Gross Notional		Other Current Assets		Other Non-Current Assets		Other Accrued Liabilities		Other Non-Current Liabilities
	In millions
Derivatives designated as hedging instruments
Fair value hedges:
Interest rate contracts	$	2,000	$	—	$	76	$	—	$	—	$	3,175	$	1	$	37	$	—	$	—
Cash flow hedges:
Foreign currency contracts	12,137		147		100		112		5		10,859		171		10		165		79
Total derivatives designated as hedging instruments	14,137		147		176		112		5		14,034		172		47		165		79
Derivatives not designated as hedging instruments
Foreign currency contracts	3,956		23		—		43		—		8,955		33		1		37		23
Other derivatives	144		5		—		—		—		173		5		—		—		—
Total derivatives not designated as hedging instruments	4,100		28		—		43		—		9,128		38		1		37		23
Total derivatives	$	18,237	$	175	$	176	$	155	$	5	$	23,162	$	210	$	48	$	202	$	102

Schedule of Information Related to the Potential Effect of Entity's Master Netting Agreements and Collateral Security Agreements

As of July 31, 2016 and October 31, 2015, information related to the potential effect of HP's master netting agreements and collateral security agreements was as follows:



	In the Consolidated Condensed Balance Sheets
							Gross Amounts Not Offset
	Gross Amount Recognized (i)		Gross Amount Offset (ii)		Net Amount Presented (iii) = (i)–(ii)		Derivatives (iv)		Financial Collateral (v)			Net Amount (vi) = (iii)–(iv)–(v)
	In millions
As of July 31, 2016
Derivative assets	$	351	$	—	$	351	$	135	$	201	⁽¹⁾	$	15
Derivative liabilities	$	160	$	—	$	160	$	135	$	10	⁽²⁾	$	15
As of October 31, 2015
Derivative assets	$	258	$	—	$	258	$	162	$	9	⁽¹⁾	$	87
Derivative liabilities	$	304	$	—	$	304	$	162	$	—		$	142

_______________________________________________________________________________


⁽¹⁾	Represents the cash collateral posted by counterparties as of the respective reporting date for HP's asset position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.


⁽²⁾	Represents the collateral posted by HP through re-use of counterparty cash collateral as of the respective reporting date for HP's liability position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.

Schedule of Pre-Tax Effect of Derivative Instruments and Related Hedged Items in a Fair Value Hedging Relationship

The pre-tax effect of derivative instruments and related hedged items in a fair value hedging relationship for the three and nine months ended July 31, 2016 and 2015 were as follows:



	Gain (Loss) Recognized in Earnings on Derivative and Related Hedged Item
Derivative Instrument	Location	Three months ended July 31, 2016		Nine months ended July 31, 2016		Hedged Item	Location	Three months ended July 31, 2016			Nine months ended July 31, 2016
		In millions						In millions
Interest rate contracts	Interest and other, net	$	20	$	38	Fixed-rate debt	Interest and other, net	$	(20	)	$	(38	)



	Gain (Loss) Recognized in Earnings on Derivative and Related Hedged Item
Derivative Instrument	Location	Three months ended July 31, 2015			Nine months ended July 31, 2015		Hedged Item	Location	Three months ended July 31, 2015		Nine months ended July 31, 2015
		In millions							In millions
Interest rate contracts	Interest and other, net	$	(26	)	$	35	Fixed-rate debt	Interest and other, net	$	26	$	(35	)

Schedule of Pre-Tax Effect of Derivative Instruments in Cash Flow Hedging Relationships

The pre-tax effect of derivative instruments in cash flow hedging relationships for the three and nine months ended July 31, 2016 was as follows:



	Gain (Loss) Recognized in Other Comprehensive Income ("OCI") on Derivatives (Effective Portion)				Gain (Loss) Reclassified from Accumulated OCI Into Earnings (Effective Portion)
	Three months ended July 31, 2016		Nine months ended July 31, 2016		Location	Three months ended July 31, 2016			Nine months ended July 31, 2016
	In millions					In millions
Cash flow hedges:
Foreign currency contracts	$	175	$	135	Net revenue	$	(140	)	$	26
					Cost of revenue	(18		)	(90		)
					Operating expenses	1			1
					Interest and other, net	(2		)	—
Total	$	175	$	135		$	(159	)	$	(63	)

The pre-tax effect of derivative instruments in cash flow and net investment hedging relationships for the three and nine months ended July 31, 2015 was as follows:



	Gain (Loss) Recognized in Other Comprehensive Income ("OCI") on Derivatives (Effective Portion)				Gain (Loss) Reclassified from Accumulated OCI Into Earnings (Effective Portion)
	Three months ended July 31, 2015		Nine months ended July 31, 2015		Location	Three months ended July 31, 2015			Nine months ended July 31, 2015
	In millions					In millions

Cash flow hedges: Foreign currency contracts	$	109	$	490	Net revenue	$	160		$	825
					Cost of revenue	(46		)	(118		)
					Operating expenses	(1		)	(3		)
					Interest and other, net	(25		)	(25		)
Continuing Operations	$	109	$	490	Continuing Operations	$	88		$	679
Discontinued Operations	183		415		Discontinued Operations	71			370
Total	$	292	$	905	Total	$	159		$	1,049
Net investment hedges: Foreign currency contracts	$	—	—		Interest and other, net	—			—
Continuing Operations	—		—		Continuing Operations	—			—
Discontinued Operations	85		208		Discontinued Operations	—			—
Total	$	85	$	208	Total	$	—		$	—

Schedule of Pre-Tax Effect of Derivative Instruments not Designated as Hedging Instruments on the Consolidated Condensed Statements of Earnings

The pre-tax effect of derivative instruments not designated as hedging instruments in the Consolidated Condensed Statements of Earnings for the three and nine months ended July 31, 2016 and 2015 was as follows:



	Gain (Loss) Recognized in Earnings on Derivatives
	Location	Three months ended July 31, 2016			Three months ended July 31, 2015		Nine months ended July 31, 2016			Nine months ended July 31, 2015
		In millions
Foreign currency contracts	Interest and other, net	$	(12	)	$	159	$	(20	)	$	222
Other derivatives	Interest and other, net	2			—		1			(3		)
Total		$	(10	)	$	159	$	(19	)	$	219