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Borrowings
 12 Months Ended
Oct. 31, 2025
Debt Disclosure [Abstract]  
Borrowings Borrowings
 Notes Payable and Short-Term Borrowings
 As of October 31
 20252024
 Amount
Outstanding		Weighted-Average
Interest Rate		Amount
Outstanding		Weighted-Average
Interest Rate
 In millions
Current portion of long-term debt$788 3.2%$1,358 5.0%
Notes payable to banks and other
57 —%48 —%
Total notes payable and short-term borrowings
$845  $1,406  
Long-Term Debt
 As of October 31
 20252024
 In millions
U.S. Dollar Global Notes(1)
Maturity Date
Issue Price
Stated Interest Rate
  
$1,150 issued June 2020
June 2025
99.769 %2.20 %$— $1,150 
$1,000 issued June 2021
June 2026
99.808 %1.45 %522 521 
$1,000 issued June 2020
June 2027
99.718 %3.00 %999 999 
$900 issued June 2022
January 2028
99.841 %4.75 %899 899 
$1,000 issued March 2022
April 2029
99.767 %4.00 %999 999 
$500 issued April 2025
April 2030
99.732 %5.40 %499 — 
$850 issued June 2020
June 2030
99.790 %3.40 %503 503 
$1,000 issued June 2021
June 2031
99.573 %2.65 %998 997 
$1,000 issued March 2022
April 2032
99.966 %4.20 %676 676 
$1,100 issued June 2022
January 2033
99.725 %5.50 %1,098 1,098 
$500 issued April 2025
April 2035
99.778 %6.10 %499 — 
$1,200 issued September 2011
September 2041
99.863 %6.00 %1,199 1,199 
$500 issued August 2022(2)
March 2029
100.000 %4.75 %— 3 
 8,891 9,044 
Other borrowings at 1.47%-7.07%, due in fiscal years 2026-2032
765 645 
Fair value adjustment related to hedged debt(1)(21)
Unamortized debt issuance cost(46)(47)
Current portion of long-term debt(788)(1,358)
Total long-term debt$8,821 $8,263 
(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)During the quarter ended October 31, 2025, HP redeemed and settled $3.4 million of the pending March 2029 Notes related to the August 2022 Poly acquisition.
In April 2025, HP completed its offering of $1.0 billion aggregate principal amount of senior unsecured notes, consisting of $500 million of 5.40% notes due April 2030 and $500 million of 6.10% notes due April 2035. HP incurred issuance costs of $9 million. HP is required to pay interest semi-annually on each series of the notes on April 25 and October 25, beginning October 25, 2025. In April 2025, a series of forward starting swaps and a treasury rate lock totaling $825 million notional amount were settled to mitigate the treasury rates volatility associated with this debt issuance. HP used the net proceeds from the offering of the notes for general corporate purposes, including, together with cash on hand, the repayment of the Global Notes due June 2025 upon maturity.
As disclosed in Note 10, “Financial Instruments”, HP uses interest rate swaps to mitigate some of the exposure of its debt portfolio to changes in fair value resulting from changes in benchmark interest rates. Interest rates shown in the table of long-term debt have not been adjusted to reflect the impact of any interest rate swaps.
As of October 31, 2025, aggregate future maturities of debt at face value (excluding unamortized debt issuance cost of $46 million, discounts on debt issuance of $10 million and fair value adjustment related to hedged debt of $1 million), including other borrowings were as follows: 
Fiscal yearIn millions
2026$847 
20271,227 
20281,060 
20291,084 
20301,027 
Thereafter4,478 
Total$9,723 
Commercial Paper
As of October 31, 2025, HP maintained a U.S. commercial paper program for the issuance of U.S. dollar-denominated commercial paper up to a maximum aggregate principal amount of $6.0 billion. The principal amount outstanding under this program and certain short-term borrowings at any time cannot exceed a $6.0 billion authorization by HP’s Board of Directors. As of October 31, 2025 and October 31, 2024, no commercial paper was outstanding under the program.
Credit Facility
As of October 31, 2024 and 2025, HP maintained a $5.0 billion 5-year sustainability-linked senior unsecured committed revolving credit facility, which HP entered into on August 1, 2024. Commitments under the revolving credit facility will be available until August 1, 2029. Commitment fees, interest rates and other terms of borrowing under the revolving credit facility vary based on HP’s external credit ratings and certain sustainability metrics. Funds borrowed under the revolving credit facility may be used for general corporate purposes. In March 2024, the $1.0 billion senior unsecured committed 364-day revolving credit facility matured in accordance with its terms. Additionally, commitments under the previous $5.0 billion sustainability-linked senior unsecured committed revolving credit facility were terminated concurrently with the execution of the revolving credit facility on August 1, 2024.
As of October 31, 2025, HP was in compliance with the covenants in the credit agreement governing the revolving credit facility.
Available Borrowing Resources
As of October 31, 2025, HP had available borrowing resources of $1.1 billion from uncommitted lines of credit in addition to funds available under the revolving credit facility.