Borrowings (Tables)

12 Months Ended

Oct. 31, 2023

Debt Disclosure [Abstract]

Schedule of Notes Payable and Short-Term Borrowings

Notes Payable and Short-Term Borrowings

	As of October 31
	2023				2022
	Amount Outstanding		Weighted-Average Interest Rate		Amount Outstanding		Weighted-Average Interest Rate
	In millions
Current portion of long-term debt	179		6.0	%	165		5.4	%
Notes payable to banks, lines of credit and other	51		1.0	%	53		0.6	%
	$	230			$	218

Schedule of Long-Term Debt

Long-Term Debt

	As of October 31
	2023		2022
	In millions
U.S. Dollar Global Notes(1)
$1,200 issued at discount to par at a price of 99.863% at 6.0%, due September 2041	1,199		1,199
$1,150 issued at discount to par at a price of 99.769% at 2.2%, due June 2025	1,149		1,149
$1,000 issued at discount to par at a price of 99.718% at 3.0%, due June 2027	999		997
$850 issued at discount to par at a price of 99.790% at 3.4%, due June 2030(4)	503		848
$1,000 issued at discount to par at a price of 99.808% at 1.45%, due June 2026(4)	521		999
$1,000 issued at discount to par at a price of 99.573% at 2.65%, due June 2031(2)	997		996
$1,000 issued at discount to par at a price of 99.767% at 4.00%, due April 2029	999		999
$1,000 issued at discount to par at a price of 99.966% at 4.20%, due April 2032(4)	676		1,000
$900 issued at discount to par at a price of 99.841% at 4.75%, due January 2028	899		899
$1,100 issued at discount to par at a price of 99.725% at 5.50%, due January 2033	1,097		1,097
$500 issued at par at a price of 100% at 4.75%, due March 2029(3)	3		500
	9,042		10,683
Other borrowings at 1.58%-8.30%, due in fiscal years 2024-2031	506		436
Fair value adjustment related to hedged debt	(58)		(78)
Unamortized debt issuance cost	(57)		(80)
Current portion of long-term debt	(179)		(165)
Total long-term debt	$	9,254	$	10,796

(1)HP may redeem some or all of the fixed-rate U.S. Dollar Global Notes at any time in accordance with the terms thereof. The U.S. Dollar Global Notes are senior unsecured debt..

(2)HP intends to allocate an amount equal to the net proceeds to finance or refinance, in whole or in part, environmentally and socially responsible eligible projects in the following eight areas: renewable energy; green buildings; energy efficiency; clean transportation; pollution prevention and control; eco-efficient and/or circular economy products, production technologies and processes; environmentally sustainable management of living natural resources and land use; and socioeconomic advancement and empowerment.

(3)During the twelve months ended October 31, 2023, HP repurchased or redeemed and settled $497 million of the March 2029 Notes related to the August 2022 Poly acquisition.

(4)During the twelve months ended October 31, 2023, HP repurchased and settled $1.15 billion in aggregate principal amount of various Global Notes.

Schedule of Aggregate Future Maturities of Long-term Debt

As of October 31, 2023, aggregate future maturities of debt at face value (excluding unamortized debt issuance cost of $57 million, discounts on debt issuance of $13 million, and fair value adjustment related to hedged debt of $58 million), including other borrowings were as follows: 

Fiscal year	In millions
2024	$	230
2025	1,306
2026	631
2027	1,049
2028	913
Thereafter	5,483
Total	$	9,612