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Supplementary Financial Information
 12 Months Ended
Oct. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplementary Financial Information Supplementary Financial Information
Accounts Receivable
The allowance for credit losses related to accounts receivable and changes were as follows:
 For the fiscal years ended October 31
 202220212020
 In millions
Balance at beginning of period$111 $122 $111 
Current-period allowance for credit losses7 5 62 
Deductions, net of recoveries(11)(16)(51)
Balance at end of period$107 $111 $122 
HP utilizes certain third-party arrangements in the normal course of business as part of HPs cash and liquidity management and also to 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 derecognized 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 in the Consolidated Balance Sheets. The recourse obligations as of October 31, 2022 and 2021, and the costs associated with the sales of trade receivables for fiscal year 2022, 2021 and 2020 were not material.
The following is a summary of the activity under these arrangements:
 For the fiscal years ended October 31
 202220212020
 In millions
Balance at beginning of year (1)
$131 $188 $235 
Trade receivables sold12,028 11,976 10,474 
Cash receipts(11,942)(12,035)(10,526)
Foreign currency and other(32)2 5 
Balance at end of year (1)
$185 $131 $188 
(1) Amounts outstanding from third parties reported in Accounts Receivable in the Consolidated Balance Sheets.
Inventory
 As of October 31
 20222021
 In millions
Finished goods$4,885 $4,532 
Purchased parts and fabricated assemblies2,729 3,398 
$7,614 $7,930 
Other Current Assets
As of October 31
 20222021
 In millions
Prepaid and other current assets$2,086 $1,065 
Supplier and other receivables1,377 2,333 
Value-added taxes receivable968 1,005 
$4,431 $4,403 

Property, Plant and Equipment, Net
 As of October 31
 20222021
 In millions
Land, buildings and leasehold improvements$2,255 $2,166 
Machinery and equipment, including equipment held for lease5,337 5,307 
7,592 7,473 
Accumulated depreciation(4,818)(4,927)
$2,774 $2,546 
 Depreciation expense was $542 million, $627 million and $673 million in fiscal years 2022, 2021 and 2020, respectively.
Other Non-Current Assets
 As of October 31
 20222021
 In millions
Deferred tax assets(1)
$2,167 $2,915 
Intangible assets(2)
1,933 784 
Right-of-use assets(3)
1,236 1,192 
Prepaid pension and post-retirement benefit assets(4)
642 874 
Deposits and prepaid474 626 
Other991 697 
 $7,443 $7,088 

(1)See Note 6, “Taxes on Earnings” for detailed information.
(2)See Note 8, “Goodwill and Intangible Assets” for detailed information.
(3)See Note 17, “Leases” for detailed information.
(4)See Note 4, “Retirement and Post-Retirement Benefit Plans” for detailed information.
Other Current Liabilities
 As of October 31
 20222021
 In millions
Sales and marketing programs$2,984 $3,179 
Deferred revenue1,393 1,277 
Other accrued taxes1,064 1,227 
Employee compensation and benefit954 1,627 
Warranty619 731 
Operating lease liabilities(1)
405 350 
Tax liability286 296 
Other2,963 3,193 
 $10,668 $11,880 
(1)See Note 17, “Leases” for detailed information.

Other Non-Current Liabilities
 As of October 31
 20222021
 In millions
Deferred revenue$1,171 $1,099 
Tax liability911 860 
Operating lease liabilities(1)
875 936 
Pension, post-retirement, and post-employment liabilities(2)
600 1,020 
Deferred tax liability121 57 
Other856 830 
 $4,534 $4,802 
(1)See Note 17, “Leases” for detailed information.
(2)See Note 4, “Retirement and Post-Retirement Benefit Plans” for detailed information.
Russia exit charges
    For fiscal 2022, HP recognized charges of $23 million towards severance, cancellation of contracts, inventory write-downs and other one-time exit charges related to our decision to wind down our operations in Russia.
Interest and other, net
 For the fiscal years ended October 31
 202220212020
 In millions
Oracle litigation proceeds(1)
$— $2,304 $— 
Non-operating retirement-related credits144 160 240 
Interest expense on borrowings(359)(254)(239)
Defined benefit plan settlement gains (charges)— 37 (214)
Loss on extinguishment of debt— (16)(40)
Tax indemnifications(1)— 1 
Other, net(19)(22)21 
 $(235)$2,209 $(231)
(1)See Note 1, “Summary of Significant Accounting Policies” for detailed information.
Net Revenue by Region
 For the fiscal years ended October 31
 202220212020
 In millions
Americas$26,544 $27,491 $24,413 
Europe, Middle East and Africa21,300 22,216 19,624 
Asia-Pacific and Japan15,066 13,753 12,601 
Total net revenue$62,910 $63,460 $56,638 

Value of Remaining Performance Obligations
As of October 31, 2022, the estimated value of transaction price allocated to remaining performance obligations was $3.6 billion. HP expects to recognize approximately $1.7 billion of the unearned amount in next 12 months and $1.9 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, 2022, deferred contract fulfillment and acquisition costs balances were $34 million and $34 million, respectively, included in Other Current Assets and Other Non-Current Assets in the Consolidated Balance Sheets. During the fiscal year ended October 31, 2022, the Company amortized $129 million of these costs.
As of October 31, 2021, deferred contract fulfillment and acquisition costs balances were $65 million and $36 million, respectively, included in Other Current Assets and Other Non-Current Assets in the Consolidated Balance Sheets. During the fiscal year ended October 31, 2021, the Company amortized $79 million of these costs.
Contract Liabilities
As of October 31, 2022 and 2021, HP’s contract liabilities balances were $2.5 billion and $2.3 billion, respectively, included in Other Current Liabilities and Other Non-Current Liabilities in the Consolidated Balance Sheets.
The increase in the contract liabilities balance for the fiscal year 2022 was primarily driven by sales of fixed-price support and maintenance services and the Poly acquisition, partially offset by $1.1 billion of revenue recognized that were included in the contract liabilities balance as of October 31, 2021.
As of October 31, 2021 and 2020, HP’s contract liabilities balances were $2.3 billion and $2.2 billion, respectively, included in Other Current Liabilities and Other Non-Current Liabilities in the Consolidated Balance Sheets.
The increase in the contract liabilities balance for the fiscal year 2021 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 contract liabilities balance as of October 31, 2020.