Intangibles

9 Months Ended

Jul. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Intangibles

Intangibles

HP’s acquired intangible assets were composed of:

	Weighted-Average Useful Lives	As of July 31, 2018						As of October 31, 2017
		Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	In years	In millions
Customer contracts, customer lists and distribution agreements	8	$	112	$	87	$	25	$	85	$	84	$	1
Technology and patents	7	601		153		448		98		96		2
Total intangible assets		$	713	$	240	$	473	$	183	$	180	$	3

During the nine months ended July 31, 2018, the increase in gross intangible assets was primarily due to intangible assets resulting from the acquisition of Samsung’s printer business. The reported amounts are based on preliminary fair value estimates of the assets acquired.

As of July 31, 2018, estimated future amortization expense related to intangible assets was as follows:

Fiscal year	In millions
Remainder of 2018	$	20
2019	81
2020	81
2021	80
2022	79
Thereafter	132
Total	$	473