Goodwill and Intangible Assets (Tables)

12 Months Ended

Oct. 31, 2020

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, 2018(1)	$	2,600	$	3,368	$	5,968
Acquisitions/adjustments	13		386		399
Foreign currency translation	—		5		5
Balance at October 31, 2019(1)	2,613		3,759		6,372
Acquisitions/adjustments	8		—		8
Foreign currency translation	—		—		—
Balance at October 31, 2020(1)	$	2,621	$	3,759	$	6,380

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

Schedule of Acquired Intangible Assets

HP’s acquired intangible assets were composed of:

	As of October 31, 2020						As of October 31, 2019
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	In millions
Customer contracts, customer lists and distribution agreements	$	382	$	149	$	233	$	385	$	122	$	263
Technology, patents and trade name	647		340		307		652		254		398
Total intangible assets	$	1,029	$	489	$	540	$	1,037	$	376	$	661

Schedule of Estimated Future Amortization Expense

As of October 31, 2020, estimated future amortization expense related to intangible assets was as follows:

Fiscal year	In millions
2021	$	115
2022	115
2023	113
2024	79
2025	36
Thereafter	82
Total	$	540