Financial Instruments (Tables)

3 Months Ended

Jan. 31, 2024

Investments, All Other Investments [Abstract]

Schedule of Cash Equivalents and Available-for-Sale Investments

Cash Equivalents and Available-for-Sale Investments

	As of January 31, 2024								As of October 31, 2023
	Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value		Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value
	In millions
Cash Equivalents:
Corporate debt	$	502	$	—	$	—	$	502	$	589	$	—	$	—	$	589
Government debt	1,029		—		—		1,029		1,900		—		—		1,900
Total cash equivalents	1,531		—		—		1,531		2,489		—		—		2,489
Available-for-Sale Investments:
Financial institution instruments	3		—		—		3		3		—		—		3
Marketable securities and mutual funds	40		52		—		92		40		38		—		78
Total available-for-sale investments	43		52		—		95		43		38		—		81
Total cash equivalents and available-for-sale investments	$	1,574	$	52	$	—	$	1,626	$	2,532	$	38	$	—	$	2,570

Schedule of Contractual Maturities of Investments in Available-for-Sale Debt Securities

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

	As of January 31, 2024
	Amortized Cost		Fair Value
	In millions
Due in one year	$	3	$	3

Schedule of Gross Notional and Fair Value of Derivative Financial Instruments in the Consolidated Condensed Balance Sheets

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

	As of January 31, 2024										As of October 31, 2023
	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	$	—	$	—	$	—	$	43	$	750	$	—	$	—	$	—	$	58
Cash flow hedges:
Foreign currency contracts	15,282		173		28		182		59		15,278		410		70		147		52
Total derivatives designated as hedging instruments	16,032		173		28		182		102		16,028		410		70		147		110
Derivatives not designated as hedging instruments
Foreign currency contracts	3,926		11		—		7		—		4,446		9		—		13		—
Other derivatives	130		2		—		—		—		125		—		—		2		—
Total derivatives not designated as hedging instruments	4,056		13		—		7		—		4,571		9		—		15		—
Total derivatives	$	20,088	$	186	$	28	$	189	$	102	$	20,599	$	419	$	70	$	162	$	110

Schedule of Information Related to the Potential Effect of Entity's Master Netting Agreements and Collateral Security Agreements, Offsetting Assets

As of January 31, 2024 and October 31, 2023, information related to the potential effect of HP’s master netting agreements and collateral security agreements was as follows:

	In the Consolidated Condensed Balance Sheets
	(i)		(ii)		(iii) = (i)–(ii)		(iv)		(v)			(vi) = (iii)–(iv)–(v)
							Gross Amounts Not Offset
	Gross Amount Recognized		Gross Amount Offset		Net Amount Presented		Derivatives		Financial Collateral			Net Amount
	In millions
As of January 31, 2024
Derivative assets	$	214	$	—	$	214	$	170	$	40	(1)	$	4
Derivative liabilities	$	291	$	—	$	291	$	170	$	109	(2)	$	12
As of October 31, 2023
Derivative assets	$	489	$	—	$	489	$	178	$	291	(1)	$	20
Derivative liabilities	$	272	$	—	$	272	$	178	$	89	(2)	$	5

(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 Information Related to the Potential Effect of Entity's Master Netting Agreements and Collateral Security Agreements, Offsetting Liabilities

As of January 31, 2024 and October 31, 2023, information related to the potential effect of HP’s master netting agreements and collateral security agreements was as follows:

	In the Consolidated Condensed Balance Sheets
	(i)		(ii)		(iii) = (i)–(ii)		(iv)		(v)			(vi) = (iii)–(iv)–(v)
							Gross Amounts Not Offset
	Gross Amount Recognized		Gross Amount Offset		Net Amount Presented		Derivatives		Financial Collateral			Net Amount
	In millions
As of January 31, 2024
Derivative assets	$	214	$	—	$	214	$	170	$	40	(1)	$	4
Derivative liabilities	$	291	$	—	$	291	$	170	$	109	(2)	$	12
As of October 31, 2023
Derivative assets	$	489	$	—	$	489	$	178	$	291	(1)	$	20
Derivative liabilities	$	272	$	—	$	272	$	178	$	89	(2)	$	5

(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 in a Fair Value Hedging Relationship

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	Year	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
Three months ended January 31
Interest rate contract	Fixed-rate debt	Interest and other, net	2024	$	(142)	$	15	$	(15)
			2023	$	(181)	$	14	$	(14)

Schedule of Pre-Tax Effect of Derivative Instruments in Cash Flow Hedging Relationships Included in Accumulated Other Comprehensive (Loss) Income

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

		Three months ended January 31
		2024		2023
	In millions
Gain/(loss) recognized in Accumulated other comprehensive (loss) income on derivatives:
Foreign currency contracts		$	(162)	$	(623)

Schedule of Pre-Tax Effect of Derivative Instruments in Cash Flow Hedging Relationships Included in Earnings

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) income into earnings
	Three months ended January 31				Three months ended January 31
	2024		2023		2024		2023
	In millions
Net revenue	$	13,185	$	13,798	$	199	$	386
Cost of revenue	(10,297)		(11,011)		(40)		(54)
Operating expenses	(1,953)		(2,044)		(3)		(1)
Interest and other, net	(142)		(181)		3		3
Total					$	159	$	334

Schedule of Pre-Tax Effect of Derivative Instruments Not Designated as Hedging Instruments Recognized in Interest and Other, Net in 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 Condensed Statements of Earnings as follows:

	Gain/(loss) recognized in earnings on derivative instrument
			Three months ended January 31
	Location		2024		2023
		In millions
Foreign currency contracts	Interest and other, net		$	1	$	(44)
Other derivatives	Interest and other, net		4		6
Total			$	5	$	(38)