Commitments

12 Months Ended

Oct. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Lease Commitments

HP leases certain real and personal property under non-cancelable operating leases. Certain leases require HP to pay property taxes, insurance and routine maintenance and include renewal options and escalation clauses. Rent expense was approximately $0.2 billion in each of fiscal years 2019, 2018 and 2017.

As of October 31, 2019, future minimum operating lease commitments were as follows:



Fiscal year	In millions
2020	$	310
2021	242
2022	192
2023	162
2024	126
Thereafter	438
Less: Sublease rental income	(130		)
Total	$	1,340

Unconditional Purchase Obligations

As of October 31, 2019, HP had unconditional purchase obligations of $372 million. These unconditional purchase obligations include agreements to purchase goods or services that are enforceable and legally binding on HP and that specify all significant terms, including fixed or minimum quantities to be purchased, fixed, minimum or variable price provisions and the approximate timing of the transaction. These unconditional purchase obligations are primarily related to inventory and service support. Unconditional purchase obligations exclude agreements that are cancelable without penalty.

As of October 31, 2019, unconditional purchase obligations were as follows:



Fiscal year	In millions
2020	$	176
2021	111
2022	67
2023	18
2024	—
Thereafter	—
Total	$	372