XML 46 R36.htm IDEA: XBRL DOCUMENT v3.23.2
Goodwill and Intangible Assets (Tables)
12 Months Ended
Oct. 31, 2022
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 SystemsPrintingCorporate InvestmentsTotal
In millions
Balance at October 31, 2020(1)
$2,621 $3,759 $— $6,380 
Acquisitions/adjustments284 14 102 400 
Foreign currency translation— 23 — 23 
Balance at October 31, 2021(1)
2,905 3,796 102 6,803 
Acquisitions/adjustments1,790 — 16 1,806 
Foreign currency translation — (68)— (68)
Balance at October 31, 2022(1)
$4,695 $3,728 $118 $8,541 
(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, 2022As of October 31, 2021
GrossAccumulated AmortizationNetGrossAccumulated AmortizationNet
In millions
Customer contracts, customer lists and distribution agreements$815 $283 $532 $526 $212 $314 
Technology and patents 1,763 551 1,212 814 425 389 
Trade name and trademarks214 25 189 95 14 81 
Total intangible assets$2,792 $859 $1,933 $1,435 $651 $784 
Schedule of Finite-Lived Intangible Assets
The weighted-average useful lives of intangible assets acquired during the period are as follows:
 
Weighted-Average Useful Life (in years)
Customer contracts and customer lists 13
Technology and patents 7
Trade name and trademarks5
Schedule of Estimated Future Amortization Expense
As of October 31, 2022, estimated future amortization expense related to intangible assets was as follows:
Fiscal yearIn millions
2023$351 
2024318 
2025248 
2026239 
2027234 
Thereafter543 
Total$1,933