Fair Value (Tables)

9 Months Ended

Jul. 31, 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 July 31, 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	$	—	$	1,493	$	—	$	1,493	$	—	$	1,390	$	—	$	1,390
Financial institution instruments	—		—		—		—		—		6		—		6
Government debt(1)	3,397		145		—		3,542		3,902		100		—		4,002
Available-for-Sale Investments:
Corporate debt	—		434		—		434		—		629		—		629
Financial institution instruments	—		39		—		39		—		78		—		78
Government debt(1)	—		413		—		413		—		442		—		442
Mutual funds	50		—		—		50		49		—		—		49
Marketable equity securities	7		—		—		7		6		6		—		12
Derivative Instruments:
Foreign currency contracts	—		314		7		321		—		110		10		120
Other derivatives	—		2		—		2		—		1		—		1
Total Assets	$	3,454	$	2,840	$	7	$	6,301	$	3,957	$	2,762	$	10	$	6,729
Liabilities:
Derivative Instruments:
Interest rate contracts	$	—	$	23	$	—	$	23	$	—	$	12	$	—	$	12
Foreign currency contracts	—		192		—		192		—		358		2		360
Total Liabilities	$	—	$	215	$	—	$	215	$	—	$	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.