Borrowings (Tables)

9 Months Ended

Jul. 31, 2024

Debt Disclosure [Abstract]

Schedule of Notes Payable and Short-Term Borrowings

Notes Payable and Short-Term Borrowings

	As of July 31, 2024				As of October 31, 2023
	Amount Outstanding		Weighted-Average Interest Rate		Amount Outstanding		Weighted-Average Interest Rate
	In millions
Current portion of long-term debt	$	1,335	4.9	%	$	179	6.0	%
Notes payable to banks, lines of credit and other	61		0.8	%	51		1.0	%
Total notes payable and short-term borrowings	$	1,396			$	230

Schedule of Long-Term Debt

Long-Term Debt

	As of
	July 31, 2024		October 31, 2023
	In millions
U.S. Dollar Global Notes(1)
$1,200 issued at discount to par at a price of 99.863% at 6.00%, due September 2041	$	1,199	$	1,199
$1,150 issued at discount to par at a price of 99.769% at 2.20%, due June 2025	1,149		1,149
$1,000 issued at discount to par at a price of 99.718% at 3.00%, due June 2027	999		999
$850 issued at discount to par at a price of 99.790% at 3.40%, due June 2030	503		503
$1,000 issued at discount to par at a price of 99.808% at 1.45%, due June 2026	521		521
$1,000 issued at discount to par at a price of 99.573% at 2.65%, due June 2031(2)	997		997
$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	676		676
$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	1,098		1,097
$500 issued at par at a price of 100% at 4.75%, due March 2029	3		3
	9,043		9,042
Other borrowings at 1.47%-8.30%, due in fiscal years 2024-2030	599		506
Fair value adjustment related to hedged debt	(30)		(58)
Unamortized debt issuance cost	(48)		(57)
Current portion of long-term debt	(1,335)		(179)
Total long-term debt	$	8,229	$	9,254

(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 allocated 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.