Financial Instruments (Tables)

12 Months Ended

Oct. 31, 2022

Investments, All Other Investments [Abstract]

Schedule of Cash Equivalents and Available-for-Sale Investments

Cash Equivalents and Available-for-Sale Investments

	As of October 31, 2022								As of October 31, 2021
	Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value		Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value
	In millions
Cash Equivalents:
Corporate debt	$	904	$	—	$	—	$	904	$	1,112	$	—	$	—	$	1,112
Government debt	1,289		—		—		1,289		1,931		—		—		1,931
Total cash equivalents	2,193		—		—		2,193		3,043		—		—		3,043
Available-for-Sale Investments:
Financial institution instruments	5		—		—		5		5		—		—		5
Marketable equity securities and mutual funds	50		8		—		58		42		29		—		71
Total available-for-sale investments	55		8		—		63		47		29		—		76
Total cash equivalents and available-for-sale investments	$	2,248	$	8	$	—	$	2,256	$	3,090	$	29	$	—	$	3,119

Schedule of Contractual Maturities

Contractual maturities of investments in available-for-sale debt securities were as follows:

	As of October 31, 2022
	Amortized Cost		Fair Value
	In millions
Due in one year	$	17	$	17

Schedule of Fair Value of Derivative Instruments in the Consolidated Balance Sheets

The gross notional and fair value of derivative instruments in the Consolidated Balance Sheets were as follows:

	As of October 31, 2022										As of October 31, 2021
	Outstanding Gross Notional		Other Current Assets		Other Non-Current Assets		Other Current Liabilities		Other Non-Current Liabilities		Outstanding Gross Notional		Other Current Assets		Other Non-Current Assets		Other Current Liabilities		Other Non-Current Liabilities
	In millions
Derivatives designated as hedging instruments
Fair value hedges:
Interest rate contracts	$	750	$	—	$	—	$	—	$	78	$	750	$	—	$	—	$	—	$	16
Cash flow hedges:
Foreign currency contracts	16,014		820		256		206		72		17,137		198		69		148		42
Interest rate contracts	—		—		—		—		—		1,500		—		—		—		8
Total derivatives designated as hedging instruments	16,764		820		256		206		150		19,387		198		69		148		66
Derivatives not designated as hedging instruments
Foreign currency contracts	4,554		12		—		17		—		6,293		10		—		13		—
Other derivatives	122		2		—		1		—		103		5		—		—		—
Total derivatives not designated as hedging instruments	4,676		14		—		18		—		6,396		15		—		13		—
Total derivatives	$	21,440	$	834	$	256	$	224	$	150	$	25,783	$	213	$	69	$	161	$	66

Schedule of Offsetting Derivative Liabilities

As of October 31, 2022 and 2021, information related to the potential effect of HP’s master netting agreements and collateral security agreements was as follows:

	In the Consolidated Balance Sheets
	(i)		(ii)		(iii) = (i)–(ii)		(iv)		(v)			(vi) = (iii)–(iv)–(v)
	Gross Amount Recognized		Gross Amount Offset		Net Amount Presented		Gross Amounts Not Offset
							Derivatives		Financial Collateral			Net Amount
	In millions
As of October 31, 2022
Derivative assets	$	1,090	$	—	$	1,090	$	290	$	616	(1)	$	184
Derivative liabilities	$	374	$	—	$	374	$	290	$	86	(2)	$	(2)
As of October 31, 2021
Derivative assets	$	282	$	—	$	282	$	160	$	65	(1)	$	57
Derivative liabilities	$	227	$	—	$	227	$	160	$	64	(2)	$	3

(1)Represents the cash collateral posted by counterparties as of the respective reporting date for HP’s asset position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.

(2)Represents the collateral posted by HP including any re-use of counterparty cash collateral as of the respective reporting date for HP’s liability position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.

Schedule of Offsetting Derivative Assets

As of October 31, 2022 and 2021, information related to the potential effect of HP’s master netting agreements and collateral security agreements was as follows:

	In the Consolidated Balance Sheets
	(i)		(ii)		(iii) = (i)–(ii)		(iv)		(v)			(vi) = (iii)–(iv)–(v)
	Gross Amount Recognized		Gross Amount Offset		Net Amount Presented		Gross Amounts Not Offset
							Derivatives		Financial Collateral			Net Amount
	In millions
As of October 31, 2022
Derivative assets	$	1,090	$	—	$	1,090	$	290	$	616	(1)	$	184
Derivative liabilities	$	374	$	—	$	374	$	290	$	86	(2)	$	(2)
As of October 31, 2021
Derivative assets	$	282	$	—	$	282	$	160	$	65	(1)	$	57
Derivative liabilities	$	227	$	—	$	227	$	160	$	64	(2)	$	3

(1)Represents the cash collateral posted by counterparties as of the respective reporting date for HP’s asset position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.

(2)Represents the collateral posted by HP including any re-use of counterparty cash collateral as of the respective reporting date for HP’s liability position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.

Schedule of Pre-tax Effect of Derivative Instruments and Related Hedged Items

The pre-tax effect of derivative instruments and related hedged items in a fair value hedging relationship were as follows:

Derivative Instrument	Hedged Item	Location	For the fiscal years ended October 31	Total amounts of income/(expense) line items in the statement of financial performance in which the effects of fair value hedges are recorded		Gain/(loss) recognized in earnings on derivative instruments		Gain/(loss) recognized in earnings on hedged item
				In millions
Interest rate contracts	Fixed-rate debt	Interest and other, net	2022	$	(235)	$	(62)	$	62
			2021	$	2,209	$	(17)	$	17
			2020	$	(231)	$	6	$	(6)

Schedule of Pre-tax Effect of Derivative Instruments in Cash Flow and Net Investment Hedging Relationships

The pre-tax effect of derivative instruments in cash flow hedging relationships included in Accumulated other comprehensive income (loss) was as follows:

	For the fiscal years ended October 31
	2022		2021		2020
	In millions
Gain/(loss) recognized in Accumulated other comprehensive income (loss) on derivatives:
Foreign currency contracts	$	1,456	$	(117)	$	(197)
Interest rate contracts	$	85	$	(15)	$	(4)

Schedule of Pre-tax Effect of Derivative Instruments in Cash Flow Hedging Relationships

The pre-tax effect of derivative instruments in cash flow hedging relationships included in earnings were as follows:

	Total amounts of income/ (expense) line items in the statement of financial performance in which the effects of cash flow hedges are recorded						Gain/ (loss) reclassified from Accumulated other comprehensive loss into earnings
	For the fiscal years ended October 31						For the fiscal years ended October 31
	2022		2021		2020		2022		2021		2020
	In millions						In millions
Net revenue	$	62,983	$	63,487	$	56,639	$	877	$	(214)	$	108
Cost of revenue	(50,648)		(50,070)		(46,202)		(101)		(30)		(25)
Operating expenses	(7,659)		(8,115)		(6,975)		(1)		1		2
Interest and other, net	(235)		2,209		(231)		4		—		—
Total							$	779	$	(243)	$	85

Schedule of Pre-tax Effect of Derivative Instruments not Designated as Hedging Instruments on the Consolidated Condensed Statements of Earnings

The pre-tax effect of derivative instruments not designated as hedging instruments recognized in Interest and other, net in the Consolidated Statements of Earnings for fiscal years 2022, 2021 and 2020 was as follows:

	Gain/(loss) recognized in earnings on derivative instrument
	Location	2022		2021		2020
		In millions
Foreign currency contracts	Interest and other, net	$	41	$	(65)	$	40
Other derivatives	Interest and other, net	(4)		8		(9)
Total		$	37	$	(57)	$	31