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Supplementary Financial Information
 12 Months Ended
Oct. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplementary Financial Information Supplementary Financial Information
Accounts Receivable, net
 As of October 31
 20202019
 In millions
Accounts receivable$5,503 $6,142 
Allowance for doubtful accounts(122)(111)
$5,381 $6,031 
 
The allowance for doubtful accounts related to accounts receivable and changes were as follows:
 For the fiscal years ended October 31
 202020192018
 In millions
Balance at beginning of period$111 $129 $101 
Provision for doubtful accounts62 60 57 
Deductions, net of recoveries(51)(78)(29)
Balance at end of period$122 $111 $129 
HP has third-party arrangements, consisting of revolving short-term financing, which provide liquidity to certain partners to facilitate their working capital requirements. These financing arrangements, which in certain circumstances may contain partial recourse, result in a transfer of HP’s receivables and risk to the third-party. As these transfers qualify as true sales under the applicable accounting guidance, the receivables are de-recognized from the Consolidated Balance Sheets upon transfer, and HP receives a payment for the receivables from the third-party within a mutually agreed upon time period. For arrangements involving an element of recourse, the recourse obligation is measured using market data from the similar transactions and reported as a current liability on the Consolidated Balance Sheets. The recourse obligations as of October 31, 2020 and 2019 were not material. The costs associated with the sales of trade receivables for fiscal year 2020, 2019 and 2018 were not material.
The following is a summary of the activity under these arrangements:
 For the fiscal years ended October 31
 202020192018
 In millions
Balance at beginning of year (1)
$235 $165 $147 
Trade receivables sold10,474 10,257 10,224 
Cash receipts(10,526)(10,186)(10,202)
Foreign currency and other5 (1)(4)
Balance at end of year (1)
$188 $235 $165 

(1) Amounts outstanding from third parties reported in Accounts Receivable in the Consolidated Balance Sheets.
Inventory
 As of October 31
 20202019
 In millions
Finished goods$3,662 $3,855 
Purchased parts and fabricated assemblies2,301 1,879 
$5,963 $5,734 
 
Other Current Assets
As of October 31
 20202019
 In millions
Supplier and other receivables$2,092 $1,951 
Prepaid and other current assets1,104 967 
Value-added taxes receivable970 957 
Available-for-sale investments(1)
274 — 
$4,440 $3,875 
(1)See Note 9 “Fair Value” and Note 10, “Financial Instruments” for detailed information.
Property, Plant and Equipment, Net
 As of October 31
 20202019
 In millions
Land, buildings and leasehold improvements$2,066 $1,977 
Machinery and equipment, including equipment held for lease5,275 5,060 
7,341 7,037 
Accumulated depreciation(4,714)(4,243)
$2,627 $2,794 
 Depreciation expense was $673 million, $623 million and $448 million in fiscal years 2020, 2019 and 2018, respectively.
Other Non-Current Assets
 As of October 31
 20202019
 In millions
Deferred tax assets(1)
$2,515 $2,620 
Right-of-use assets from operating leases(2)
1,107 — 
Intangible assets(3)
540 661 
Other(4)
864 843 
 $5,026 $4,124 
(1)See Note 6, “Taxes on Earnings” for detailed information.
(2)See Note 1, “Summary of Significant Accounting Policies” and Note 17, “Leases” for detailed information.
(3)See Note 8, “Goodwill and Intangible Assets” for detailed information.
(4)Includes marketable equity securities and mutual funds classified as available-for-sale investments of $58 million and $56 million at October 31, 2020 and 2019, respectively. See Note 10, “Financial Instruments” for detailed information
Other Current Liabilities
 As of October 31
 20202019
 In millions
Sales and marketing programs$3,185 $3,361 
Deferred revenue1,208 1,178 
Employee compensation and benefit1,194 1,103 
Other accrued taxes1,051 1,060 
Warranty746 663 
Operating lease liabilities(1)
275 — 
Tax liability223 237 
Other2,960 2,541 
 $10,842 $10,143 
(1)See Note 1, “Summary of Significant Accounting Policies” and Note 17, “Leases” for detailed information.

Other Non-Current Liabilities
 As of October 31
 20202019
 In millions
Pension, post-retirement, and post-employment liabilities$1,576 $1,762 
Deferred revenue1,072 1,069 
Operating lease liabilities(1)
904 — 
Tax liability746 848 
Deferred tax liability(2)
25 60 
Other823 848 
 $5,146 $4,587 
(1)See Note 1, “Summary of Significant Accounting Policies” and Note 17, “Leases” for detailed information.
(2)See Note 6, “Taxes on Earnings” for detailed information.

Interest and other, net
 For the fiscal years ended October 31
 202020192018
 In millions
Tax indemnifications(1)
$1 $(1,186)$(662)
Interest expense on borrowings(239)(242)(312)
Non-operating retirement- related credits240 85 233 
Defined benefit plan settlement charges(214)— — 
Loss on extinguishment of debt(40)— (126)
Other, net21 (11)49 
 $(231)$(1,354)$(818)
(1)Fiscal year ended October 31, 2019 and 2018, includes an adjustment of $764 million and $676 million respectively, of indemnification receivables, primarily related to resolution of various income tax audits settlements. Fiscal year ended October 31, 2019, also includes an adjustment of $417 million pursuant to the termination of the TMA with Hewlett Packard Enterprise.
Net Revenue by Region
 For the fiscal years ended October 31
 202020192018
 In millions
Americas$24,414 $25,244 $25,644 
Europe, Middle East and Africa19,624 20,275 20,470 
Asia-Pacific and Japan12,601 13,237 12,358 
Total net revenue$56,639 $58,756 $58,472 

Value of Remaining Performance Obligations
    As of October 31, 2020, the estimated value of transaction price allocated to remaining performance obligations was $4.1 billion. HP expects to recognize approximately $1.8 billion of the unearned amount in next 12 months and $2.3 billion thereafter.
    HP has elected the practical expedients and accordingly does not disclose the aggregate amount of the transaction price allocated to remaining performance obligations if:
•the contract has an original expected duration of one year or less; or
•the revenue from the performance obligation is recognized over time on an as-invoiced basis when the amount corresponds directly with the value to the customer; or
•the portion of the transaction price that is variable in nature is allocated entirely to a wholly unsatisfied performance obligation.
The remaining performance obligations are subject to change and may be affected by various factors, such as termination of contracts, contract modifications and adjustment for currency.
Costs of Obtaining Contracts and Fulfillment Cost
As of October 31, 2020, deferred contract fulfillment and acquisition costs balances were $65 million and $34 million, respectively, included in Other Current Assets and Other Non-Current Assets in the Consolidated Balance Sheet. During the fiscal year ended October 31, 2020, the Company amortized $98 million of these costs.
As of October 31, 2019, deferred contract fulfillment and acquisition costs balances were $47 million and $30 million, respectively, included in Other Current Assets and Other Non-Current Assets in the Consolidated Balance Sheet. During the twelve months ended October 31, 2019, the Company amortized $108 million of these costs.
Contract Liabilities
As of October 31, 2020 and 2019, HP’s contract liabilities balances were $2.2 billion and $2.1 billion, respectively, included in Other Current Liabilities and Other Non-Current Liabilities in the Consolidated Balance Sheet.
The increase in the contract liabilities balance for fiscal year 2020 was primarily driven by sales of fixed-price support and maintenance services, partially offset by $1.1 billion of revenue recognized that were included in the opening contract liabilities balance as of October 31, 2019.
As of October 31, 2019 and 2018, HP’s contract liabilities balances were $2.1 billion and $1.9 billion, respectively, included in Other Current Liabilities and Other Non-Current Liabilities in the Consolidated Balance Sheet.
The increase in the contract liabilities balance for fiscal year 2019 was primarily driven by sales of fixed-price support and maintenance services, partially offset by $0.9 billion of revenue recognized that were included in the opening contract liabilities balance as of October 31, 2018.