Net Earnings Per Share (Tables)

6 Months Ended

Apr. 30, 2022

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
	2022		2021		2022		2021
	In millions, except per share amounts
Numerator:
Net earnings	$	1,000	$	1,228	$	2,086	$	2,296
Denominator:
Weighted-average shares used to compute basic net EPS	1,050		1,234		1,066		1,260
Dilutive effect of employee stock plans	12		13		12		10
Weighted-average shares used to compute diluted net EPS	1,062		1,247		1,078		1,270
Net earnings per share:
Basic	$	0.95	$	1.00	$	1.96	$	1.82
Diluted	$	0.94	$	0.98	$	1.94	$	1.81
Anti-dilutive weighted-average stock-based compensation awards(1)	1		—		4		3

(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.