XML 21 R6.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Oct. 31, 2016
Oct. 31, 2015
Oct. 31, 2014
Cash flows from operating activities:      
Net earnings $ 2,496 $ 4,554 $ 5,013
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 332 4,061 4,334
Stock-based compensation expense 182 709 560
Provision for doubtful accounts 65 71 55
Provision for inventory 95 305 211
Restructuring and other charges 200 1,017 1,619
Deferred taxes on earnings 401 (700) (34)
Excess tax benefit from stock-based compensation (6) (145) (58)
Other, net (198) 1,031 81
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable 565 572 2,017
Financing receivables 0 (65) 420
Inventory (291) (330) (580)
Accounts payable 928 31 1,912
Taxes on earnings 106 (137) 310
Restructuring and other (157) (1,243) (1,506)
Other assets and liabilities (1,488) (3,241) (2,021)
Net cash provided by operating activities 3,230 6,490 12,333
Cash flows from investing activities:      
Investment in property, plant and equipment (433) (3,603) (3,853)
Proceeds from sale of property, plant and equipment 6 424 843
Purchases of available-for-sale securities and other investments (126) (259) (1,086)
Maturities and sales of available-for-sale securities and other investments 133 302 1,347
Payments made in connection with business acquisitions, net of cash acquired (7) (2,644) (49)
Proceeds from business divestitures, net 475 246 6
Net cash provided by (used in) investing activities 48 (5,534) (2,792)
Cash flows from financing activities:      
Short-term borrowings with original maturities less than 90 days, net 97 74 148
Proceeds from debt, net of issuance costs 4 20,758 2,875
Payment of debt (2,188) (15,867) (6,037)
Settlement of cash flow hedges 4 (4) 0
Net transfer of cash and cash equivalents to Hewlett Packard Enterprise Company (10,375) 0 0
Issuance of common stock under employee stock plans 48 371 297
Repurchase of common stock (1,161) (2,883) (2,728)
Excess tax benefit from stock-based compensation 6 145 58
Cash dividends paid (858) (1,250) (1,184)
Net cash (used in) provided by financing activities (14,423) 1,344 (6,571)
(Decrease) increase in cash and cash equivalents (11,145) 2,300 2,970
Cash and cash equivalents at beginning of period 17,433 15,133 12,163
Cash and cash equivalents at end of period 6,288 17,433 15,133
Supplemental cash flow disclosures:      
Income taxes paid, net of refunds 587 1,012 1,267
Interest expense paid 318 532 678
Supplemental schedule of non-cash investing and financing activities:      
Purchase of assets under capital leases 185 70 113
Stock awards assumed in business acquisitions $ 0 $ 31 $ 0