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Net Earnings Per Share (Tables)
6 Months Ended
Apr. 30, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Net Earnings Per Share Calculations
A reconciliation of the number of shares used for basic and diluted net EPS calculations is as follows:
 
Three months ended April 30
 
Six months ended April 30
 
2020
 
2019
 
2020
 
2019
 
In millions, except per share amounts
Numerator:
 

 
 

 
 
 
 
Net earnings
$
764

 
$
782

 
$
1,442

 
$
1,585

Denominator:
 

 
 

 
 
 
 
Weighted-average shares used to compute basic net EPS
1,435

 
1,529

 
1,444

 
1,543

Dilutive effect of employee stock plans
5

 
7

 
6

 
8

Weighted-average shares used to compute diluted net EPS
1,440

 
1,536

 
1,450

 
1,551

Net earnings per share:
 

 
 

 
 
 
 
Basic
$
0.53

 
$
0.51

 
$
1.00

 
$
1.03

Diluted
$
0.53

 
$
0.51

 
$
0.99

 
1.02

Anti-dilutive weighted-average stock-based compensation awards(1)
14

 
8

 
12

 
6


(1) 
HP excludes from the calculation of diluted net EPS stock options and restricted stock units where the assumed proceeds exceed the average market price, because their effect would be anti-dilutive. The assumed proceeds of a stock option include the sum of its exercise price, and average unrecognized compensation cost. The assumed proceeds of a restricted stock unit represent unrecognized compensation cost.