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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Oct. 31, 2019
Accounting Policies [Abstract]  
Schedule of New Accounting Pronouncement Adjustments
In accordance with the modified retrospective method transition requirements, HP has presented the financial statement line items impacted and adjusted to compare to presentation under the prior GAAP for the Consolidated Balance Sheet as of October 31, 2019 and for Consolidated Statement of Earnings for fiscal year ended October 31, 2019.
 
As of October 31, 2019
CONSOLIDATED BALANCE SHEET ITEMS
As Reported
 
Effect of Adoption
 
Balances Without Adoption of Topic 606
 
In millions
ASSETS
 
 
 
 
 
Accounts receivable, net
$
6,031
 
 
$
(218
)
 
 
$
5,813
 
 
Inventory
5,734
 
 
188
 
 
 
5,922
 
 
Other current assets
3,875
 
 
(188
)
 
 
3,687
 
 
Other non-current assets
$
4,124
 
 
$
(31
)
 
 
$
4,093
 
 
LIABILITIES AND STOCKHOLDERS' DEFICIT
 
 
 
 
 
Other current liabilities
$
10,143
 
 
$
(435
)
 
 
$
9,708
 
 
Accumulated deficit
$
(818
)
 
$
186
 
 
 
$
(632
)
 

 
 
For the fiscal year ended October 31, 2019
CONSOLIDATED STATEMENT OF EARNINGS ITEMS
 
As Reported
 
Effect of Adoption
 
Balances Without Adoption of Topic 606
 
In millions
Net revenue
 
$
58,756
 
 
 
$
(33
)
 
 
$
58,723
 
 
Earnings from operations
 
3,877
 
 
 
(33
)
 
 
3,844
 
 
Earnings before taxes
 
2,523
 
 
 
(33
)
 
 
2,490
 
 
Benefit from taxes
 
629
 
 
 
7
 
 
 
636
 
 
Net earnings
 
$
3,152
 
 
 
$
(26
)
 
 
$
3,126
 
 
Opening Balance Sheet Adjustments:
The following table presents the adoption impact of the new accounting standards to HP’s previously reported financial statements:
 
As Reported on
October 31, 2018
 
Adjustments under Topic 606
 
Other (1)
 
As Restated on
November 1, 2018
 
In millions
ASSETS
 
 
 
 
 
 
 
Accounts receivable, net
$
5,113
 
 
 
$
213
 
 
 
$
—
 
 
 
$
5,326
 
 
Inventory
6,062
 
 
 
(203
)
 
 
—
 
 
 
5,859
 
 
Other current assets
5,046
 
 
 
203
 
 
 
(90
)
 
 
5,159
 
 
Other non-current assets
$
5,069
 
 
 
$
33
 
 
 
$
43
 
 
 
$
5,145
 
 
LIABILITIES AND STOCKHOLDERS' DEFICIT
 
 
 
 
 
 
 
Other current liabilities
$
8,852
 
 
 
$
458
 
 
 
$
—
 
 
 
$
9,310
 
 
Accumulated other comprehensive loss
(845
)
 
 
—
 
 
 
(2
)
 
 
(847
)
 
Accumulated deficit
$
(473
)
 
 
$
(212
)
 
 
$
(45
)
 
 
$
(730
)
 
(1) Other includes $47 million adjustment related to Topic 740.