Net Earnings Per Share (Tables)

9 Months Ended

Jul. 31, 2012

Net Earnings Per Share

Basic and diluted earnings and loss per share calculations

	Three months ended July 31					Nine months ended July 31
	2012			2011		2012			2011
	In millions, except per share amounts
Numerator:
Net (loss) earnings(1)	$	(8,857	)	$	1,926	$	(5,796	)	$	6,835
Denominator:
Weighted-average shares used to compute basic EPS		1,971			2,054		1,977			2,129
Dilutive effect of employee stock plans(2)		—			26		—			32
Weighted-average shares used to compute diluted EPS(2)		1,971			2,080		1,977			2,161
Net (loss) earnings per share:
Basic	$	(4.49	)	$	0.94	$	(2.93	)	$	3.21
Diluted(2)	$	(4.49	)	$	0.93	$	(2.93	)	$	3.16

⁽¹⁾

Net (loss) earnings available to participating securities were not significant for the three and nine months ended July 31, 2012 and 2011. HP considers restricted stock that provides the holder with a non-forfeitable right to receive dividends to be a participating security.

⁽²⁾

For the three and nine months ended July 31, 2012, HP excluded from the calculation of basic loss per share 4 million shares and 15 million shares, respectively, potentially issuable under employee stock plans as their effect would be anti-dilutive.