Fair Value (Tables)

6 Months Ended

Apr. 30, 2018

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured and Recorded at Fair Value on a Recurring Basis

The following table presents HP’s assets and liabilities that are measured at fair value on a recurring basis:

	As of April 30, 2018								As of October 31, 2017
	Fair Value Measured Using								Fair Value Measured Using
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	In millions
Assets:
Cash Equivalents:
Corporate debt	$	—	$	960	$	—	$	960	$	—	$	1,390	$	—	$	1,390
Financial institution instruments	—		10		—		10		—		6		—		6
Government debt(1)	1,641		56		—		1,697		3,902		100		—		4,002
Available-for-Sale Investments:
Corporate debt	—		554		—		554		—		629		—		629
Financial institution instruments	—		66		—		66		—		78		—		78
Government debt(1)	—		463		—		463		—		442		—		442
Mutual funds	51		—		—		51		49		—		—		49
Marketable equity securities	6		—		—		6		6		6		—		12
Derivative Instruments:
Foreign currency contracts	—		189		10		199		—		110		10		120
Other derivatives	—		1		—		1		—		1		—		1
Total Assets	$	1,698	$	2,299	$	10	$	4,007	$	3,957	$	2,762	$	10	$	6,729
Liabilities:
Derivative Instruments:
Interest rate contracts	$	—	$	23	$	—	$	23	$	—	$	12	$	—	$	12
Foreign currency contracts	—		314		23		337		—		358		2		360
Total Liabilities	$	—	$	337	$	23	$	360	$	—	$	370	$	2	$	372

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⁽¹⁾  Government debt includes instruments such as U.S. Treasury notes, U.S. agency securities and non-U.S. government bonds. Money market funds invested in government debt and traded in active markets are included in Level 1.