Borrowings (Tables)

9 Months Ended

Jul. 31, 2020

Debt Disclosure [Abstract]

Schedule of Notes Payable and Short-Term Borrowings

Notes Payable and Short-Term Borrowings

	As of July 31, 2020				As of October 31, 2019
	Amount Outstanding		Weighted-Average Interest Rate		Amount Outstanding		Weighted-Average Interest Rate
	In millions
Current portion of long-term debt	$	232	3.3	%	$	307	3.6	%
Notes payable to banks, lines of credit and other	44		0.8	%	50		2.0	%
	$	276			$	357

Schedule of Long-Term Debt

Long-Term Debt

	As of
	July 31, 2020		October 31, 2019
	In millions
U.S. Dollar Global Notes(1)
2009 Shelf Registration Statement:
$1,350 issued at discount to par at a price of 99.827% in December 2010 at 3.75%, due December 2020	$	—	$	648
$1,250 issued at discount to par at a price of 99.799% in May 2011 at 4.3%, due June 2021	—		667
$1,000 issued at discount to par at a price of 99.816% in September 2011 at 4.375%, due September 2021	412		538
$1,500 issued at discount to par at a price of 99.707% in December 2011 at 4.65%, due December 2021	586		695
$500 issued at discount to par at a price of 99.771% in March 2012 at 4.05%, due September 2022	499		499
$1,200 issued at discount to par at a price of 99.863% in September 2011 at 6.00%, due September 2041	1,199		1,199
2019 Shelf Registration Statement:
$1,150 issued at discount to par at a price of 99.769% in June 2020 at 2.2%, due June 2025	1,148		—
$1,000 issued at discount to par at a price of 99.718% in June 2020 at 3.0%, due June 2027	997		—
$850 issued at discount to par at a price of 99.790% in June 2020 at 3.4%, due June 2030	848		—
	5,689		4,246
Other borrowings at 0.51%-9.00%, due in calendar years 2020-2027	555		853
Fair value adjustment related to hedged debt	7		4
Unamortized debt issuance cost	(38)		(16)
Current portion of long-term debt	(232)		(307)
Total long-term debt	$	5,981	$	4,780

⁽¹⁾HP may redeem some or all of the fixed-rate U.S. Dollar Global Notes at any time in accordance with the terms thereof. The U.S. Dollar Global Notes are senior unsecured debt.