Goodwill and Intangible Assets (Tables)

12 Months Ended

Oct. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Allocation and Changes in the Carrying Amount of Goodwill

Goodwill allocated to HP’s reportable segments and changes in the carrying amount of goodwill were as follows:  

	Personal Systems		Printing		Total
	In millions
Balance at October 31, 2017(1)	$	2,593	$	3,029	$	5,622
Acquisitions	7		339		346
Balance at October 31, 2018(1)	2,600		3,368		5,968
Acquisitions	13		386		399
Foreign currency translation	—		5		5
Balance at October 31, 2019(1)	$	2,613	$	3,759	$	6,372

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Goodwill is net of accumulated impairment losses of $0.8 billion related to Corporate Investments.

Schedule of Acquired Intangible Assets

The weighted-average useful lives of intangible assets acquired during the period are as follows:

	Weighted-Average Useful Life
Customer contracts, customer lists and distribution agreements	10
Technology, patents and trade name	7

HP’s acquired intangible assets were composed of:

	As of October 31, 2019						As of October 31, 2018
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	In millions
Customer contracts, customer lists and distribution agreements	$	385	$	122	$	263	$	112	$	88	$	24
Technology, patents and trade name	652		254		398		601		172		429
Total intangible assets	$	1,037	$	376	$	661	$	713	$	260	$	453

Schedule of Estimated Future Amortization Expense

As of October 31, 2019, estimated future amortization expense related to intangible assets was as follows

Fiscal year	In millions
2020	$	114
2021	116
2022	116
2023	114
2024	80
Thereafter	121
Total	$	661