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Restructuring and Other Charges
 6 Months Ended
Apr. 30, 2024
Restructuring and Related Activities [Abstract]  
Restructuring and Other Charges Restructuring and Other Charges
Summary of Restructuring Plans
HP’s restructuring activities summarized by plan were as follows:
Fiscal 2023 Plan
Severance and EERNon-labor
Other prior-year plans(1)
Total
In millions
Accrued balance as of October 31, 2023$88 $18 $2 $108 
Charges93 6 3 102 
Cash payments(100)(9)(3)(112)
Non-cash and other adjustments2 (2)(2)(2)
Accrued balance as of April 30, 2024$83 $13 $— $96 
Total costs incurred to date as of April 30, 2024$495 $47 $869 $1,411 
Reflected in Consolidated Condensed Balance Sheets
Other current liabilities$83 $3 $— $86 
Other non-current liabilities$— $10 $— $10 
Accrued balance as of October 31, 2022$— $— $32 $32 
Charges294 13 2 309 
Cash payments(92)(8)(35)(135)
Non-cash and other adjustments(141)(2)(5)3 (143)
Accrued balance as of April 30, 2023$61 $— $2 $63 
HP’s restructuring charges for the three months ended April 30, 2024 summarized by the plans outlined below were as follows:
Fiscal 2023 Plan
Severance and EERNon-labor
Other prior-year plans(1)
Total
In millions
For the three months ended April 30, 2024$50 $4 $— $54 
(1)     Primarily includes the fiscal 2020 plan along with other legacy plans, all of which are substantially complete. HP does not expect any further material activity associated with these plans.
(2)    Includes reclassification of liabilities related to the Enhanced Early Retirement (“EER”) program of $139 million for pension and post-retirement plan special termination benefits. See Note 4 “Retirement and Post-Retirement Benefit Plans” for further information.
Fiscal 2023 Plan
On November 18, 2022, HP’s Board of Directors approved the Future Ready Plan (the “Fiscal 2023 Plan”) intended to enable digital transformation, portfolio optimization and operational efficiency which HP expects will be implemented through fiscal year 2025. HP expects to reduce global headcount by approximately 4,000 to 6,000 employees. HP estimates that it will incur pre-tax charges of approximately $1.0 billion of which approximately $0.7 billion primarily in labor costs related to workforce reductions and the remaining costs will relate to non-labor actions and other charges.
Other Charges
Other charges include non-recurring costs, including those as a result of information technology rationalization efforts and transformation program management costs, and are distinct from ongoing operational costs. These costs primarily relate to third-party professional services and other non-recurring costs. For the three and six months ended April 30, 2024, HP incurred $17 million and $32 million of other charges, respectively. For the three and six months ended April 30, 2023, HP incurred $22 million and $32 million of other charges, respectively.