Balance Sheet Details

6 Months Ended

Apr. 30, 2011

Balance Sheet Details

Balance Sheet Details

Note 4: Balance Sheet Details

        Balance sheet details were as follows:

• Accounts and Financing Receivables

	April 30, 2011			October 31, 2010
	In millions
Accounts receivable	$	19,054		$	19,006
Allowance for doubtful accounts		(433	)		(525	)
	$	18,621		$	18,481
Financing receivables	$	3,237		$	3,050
Allowance for doubtful accounts		(58	)		(64	)
	$	3,179		$	2,986

        HP has revolving trade receivables-based facilities permitting it to sell certain trade receivables to third parties on a non-recourse basis. The aggregate maximum capacity under these programs was $602 million and $524 million as of April 30, 2011 and October 31, 2010, respectively. HP sold $897 million of trade receivables during the first six months of fiscal 2011. HP had $299 million as of April 30, 2011 and $175 million as of October 31, 2010 available under these programs.

        In April 2011, HP entered into an additional revolving trade receivables-based facility that became available in May 2011 permitting it to sell certain trade receivables to a third party on a five percent recourse basis. The maximum capacity of the program is approximately $1.1 billion.

• Inventory

	April 30, 2011		October 31, 2010
	In millions
Finished goods	$	4,379	$	4,431
Purchased parts and fabricated assemblies		2,399		2,035
	$	6,778	$	6,466

• Property, Plant and Equipment

	April 30, 2011			October 31, 2010
	In millions
Land	$	652		$	530
Buildings and leasehold improvements		8,447			8,523
Machinery and equipment		15,452			13,874
		24,551			22,927
Accumulated depreciation		(12,661	)		(11,164	)
	$	11,890		$	11,763