Financial Instruments (Tables)

6 Months Ended

Apr. 30, 2025

Investments, All Other Investments [Abstract]

Schedule of Cash Equivalents and Available-for-Sale Investments

Cash Equivalents and Available-for-Sale Investments

	As of April 30, 2025								As of October 31, 2024
	Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value		Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value
	In millions
Cash Equivalents:
Time deposits	$	1,237	$	—	$	—	$	1,237	$	1,012	$	—	$	—	$	1,012
Government debt	721		—		—		721		1,332		—		—		1,332
Total cash equivalents	1,958		—		—		1,958		2,344		—		—		2,344
Available-for-Sale Investments:
Financial institution instruments	3		—		—		3		3		—		—		3
Marketable securities and mutual funds(1)	112		64		—		176		115		69		—		184
Total available-for-sale investments	115		64		—		179		118		69		—		187
Total cash equivalents and available-for-sale investments	$	2,073	$	64	$	—	$	2,137	$	2,462	$	69	$	—	$	2,531

(1)    As of April 30, 2025 and October 31, 2024, $69 million and $78 million, respectively, of debt securities were restricted to fund benefits received by qualifying employees under a sponsored defined benefit plan.

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 April 30, 2025
	Amortized Cost		Fair Value
	In millions
Due in one year	$	17	$	17
Due in one to five years	55		55
	$	72	$	72

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 April 30, 2025										As of October 31, 2024
	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	$	—	$	—	$	6	$	—	$	750	$	—	$	—	$	11	$	10
Cash flow hedges:
Foreign currency contracts	15,443		40		9		456		91		14,563		169		36		117		34
Interest rate contracts	—		—		—		—		—		500		—		4		—		1
Total derivatives designated as hedging instruments	16,193		40		9		462		91		15,813		169		40		128		45
Derivatives not designated as hedging instruments
Foreign currency contracts	4,571		14		—		18		—		4,284		20		—		7		—
Other derivatives	146		3		—		—		—		156		—		—		2		—
Total derivatives not designated as hedging instruments	4,717		17		—		18		—		4,440		20		—		9		—
Total derivatives	$	20,910	$	57	$	9	$	480	$	91	$	20,253	$	189	$	40	$	137	$	45

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

As of April 30, 2025 and October 31, 2024, 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 April 30, 2025
Derivative assets	$	66	$	—	$	66	$	59	$	—	(1)	$	7
Derivative liabilities	$	571	$	—	$	571	$	59	$	535	(2)	$	(23)
As of October 31, 2024
Derivative assets	$	229	$	—	$	229	$	113	$	88	(1)	$	28
Derivative liabilities	$	182	$	—	$	182	$	113	$	61	(2)	$	8

(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 April 30, 2025 and October 31, 2024, 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 April 30, 2025
Derivative assets	$	66	$	—	$	66	$	59	$	—	(1)	$	7
Derivative liabilities	$	571	$	—	$	571	$	59	$	535	(2)	$	(23)
As of October 31, 2024
Derivative assets	$	229	$	—	$	229	$	113	$	88	(1)	$	28
Derivative liabilities	$	182	$	—	$	182	$	113	$	61	(2)	$	8

(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 April 30
Interest rate contract	Fixed-rate debt	Interest and other, net	2025	$	(148)	$	8	$	(8)
			2024	$	(155)	$	—	$	—
Six months ended April 30
Interest rate contract	Fixed-rate debt	Interest and other, net	2025	$	(289)	$	15	$	(15)
			2024	$	(297)	$	15	$	(15)

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 April 30				Six months ended April 30
	2025		2024		2025		2024
	In millions
Gain/(loss) recognized in Accumulated other comprehensive (loss) income on derivatives:
Foreign currency contracts	$	(687)	$	151	$	(363)	$	(11)
Interest rate contracts	(5)		—		3		—
Total	$	(692)	$	151	$	(360)	$	(11)

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:

		Gain/(loss) reclassified from Accumulated  other comprehensive (loss) income into earnings
		Three months ended April 30				Six months ended April 30
		2025		2024		2025		2024
	In millions
Products net revenue		$	167	$	39	$	234	$	238
Cost of products net revenue		(23)		(36)		(50)		(76)
Operating expenses		1		(1)		1		(4)
Interest and other, net		3		3		6		6
Total		$	148	$	5	$	191	$	164

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 April 30				Six months ended April 30
	Location	2025		2024		2025		2024
		In millions
Foreign currency contracts	Interest and other, net	$	(11)	$	6	$	(14)	$	7
Other derivatives	Interest and other, net	1		(6)		5		(2)
Total		$	(10)	$	—	$	(9)	$	5