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Stockholders' Deficit
3 Months Ended
Jan. 31, 2018
Stockholders' Equity Note [Abstract]  
Stockholders' Deficit
Stockholders’ Deficit
Share Repurchase Program
HP’s share repurchase program authorizes both open market and private repurchase transactions. During the three months ended January 31, 2018, HP executed share repurchases of 20 million shares. Share repurchases executed during the three months ended January 31, 2018 included 0.6 million shares settled in February 2018. During the three months ended January 31, 2018, HP settled total shares for $0.5 billion. During the three months ended January 31, 2017, HP executed share repurchases of 27 million shares and settled total shares for $0.4 billion.
The shares repurchased during the three months ended January 31, 2018 and 2017 were all open market repurchase transactions. As of January 31, 2018, HP had approximately $2.0 billion remaining under the share repurchase authorizations approved by HP’s Board of Directors.
Tax effects related to Other Comprehensive (Loss) Income
 
Three months ended January 31
 
2018
 
2017
 
In millions
Tax effect on change in unrealized components of available-for-sale securities:
 

 
 

Tax benefit (provision) on unrealized (losses) gains arising during the period
$
1

 
$
(1
)
 
1

 
(1
)
Tax effect on change in unrealized components of cash flow hedges:
 
 
 

Tax benefit (provision) on unrealized (losses) gains arising during the period
70

 
(3
)
Tax (benefit) provision on losses (gains) reclassified into earnings
(3
)
 
4

 
67

 
1

Tax effect on change in unrealized components of defined benefit plans:
 

 
 

Tax provision on amortization of actuarial loss and prior service benefit
(3
)
 
(6
)
Tax provision on curtailments, settlements and other

 
(8
)
 
(3
)
 
(14
)
Tax benefit (provision) on other comprehensive loss
$
65

 
$
(14
)

Changes and reclassifications related to Other Comprehensive Loss, net of taxes
 
Three months ended January 31
 
2018
 
2017
 
In millions
Other comprehensive loss, net of taxes:
 

 
 

Change in unrealized components of available-for-sale securities:
 

 
 

Unrealized (losses) gains arising during the period
$
(2
)
 
$
2

Gains reclassified into earnings
(5
)
 

 
(7
)
 
2

Change in unrealized components of cash flow hedges:
 
 
 

Unrealized losses arising during the period
(481
)
 
(172
)
Losses (gains) reclassified into earnings(1)
67

 
(67
)
 
(414
)
 
(239
)
Change in unrealized components of defined benefit plans:
 

 
 

Amortization of actuarial loss and prior service benefit(2)
9

 
14

Settlements and other
1

 
(8
)
 
10

 
6

Other comprehensive loss, net of taxes
$
(411
)
 
$
(231
)
(1) 
Reclassification of pre-tax gains on cash flow hedges into the Consolidated Condensed Statements of Earnings was as follows:
 
Three months ended January 31
 
2018
 
2017
 
In millions
Net revenue
$
52

 
$
(76
)
Cost of revenue
18

 

Interest and other, net

 
5

Total
$
70

 
$
(71
)

(2) 
These components are included in the computation of net pension and post-retirement benefit (credit) charges in Note 4, “Retirement and Post-Retirement Benefit Plans”.
The components of accumulated other comprehensive loss, net of taxes and changes were as follows:
 
Three months ended January 31, 2018
 
Net unrealized
gains on
available-for-sale
securities
 
Net unrealized
gains (losses) on cash
flow hedges
 
Unrealized
components
of defined
benefit plans
 
Accumulated
other
comprehensive
loss
 
In millions
Balance at beginning of period
$
12

 
$
(240
)
 
$
(1,190
)
 
$
(1,418
)
Other comprehensive loss before reclassifications
(2
)
 
(481
)
 

 
(483
)
Reclassifications of (gains) losses into earnings
(5
)
 
67

 
9

 
71

Reclassifications of curtailments and settlements into earnings

 

 
1

 
1

Balance at end of period
$
5

 
$
(654
)
 
$
(1,180
)
 
$
(1,829
)