Fair Value (Tables)

3 Months Ended

Jan. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents HP’s assets and liabilities that are measured at fair value on a recurring basis:

	As of January 31, 2023								As of October 31, 2022
	Fair Value Measured Using								Fair Value Measured Using
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	In millions
Assets:
Cash Equivalents:
Corporate debt	$	—	$	520	$	—	$	520	$	—	$	904	$	—	$	904
Government debt(1)	292		—		—		292		1,289		—		—		1,289
Available-for-Sale Investments:
Financial institution instruments	—		5		—		5		—		5		—		5
Marketable securities and mutual funds	18		47		—		65		17		41		—		58
Derivative Instruments:
Foreign currency contracts	—		330		—		330		—		1,088		—		1,088
Other derivatives	—		8		—		8		—		2		—		2
Total assets	$	310	$	910	$	—	$	1,220	$	1,306	$	2,040	$	—	$	3,346
Liabilities:
Derivative Instruments:
Interest rate contracts	$	—	$	64	$	—	$	64	$	—	$	78	$	—	$	78
Foreign currency contracts	—		496		—		496		—		295		—		295
Other derivatives	—		—		—		—		—		1		—		1
Total liabilities	$	—	$	560	$	—	$	560	$	—	$	374	$	—	$	374

(1) Government debt includes instruments such as U.S. treasury notes, U.S. agency securities and non-U.S. government bonds. Money market funds invested in government debt and traded in active markets are included in Level 1.