Stockholders' Equity

9 Months Ended

Jul. 31, 2013

Stockholders' Equity

Stockholders' Equity

Note 13: Stockholders' Equity

• Share Repurchase Program

        HP's share repurchase program authorizes both open market and private repurchase transactions. In the three months ended July 31, 2013, HP executed share repurchases which were settled for $3 million. In the nine months ended July 31, 2013, HP executed share repurchases of 56 million shares which were settled for $1.1 billion. HP paid approximately $365 million in connection with repurchases of 16 million shares during the three months ended July 31, 2012 and paid $1.5 billion in connection with repurchases of approximately 59 million shares in the first nine months of fiscal 2012. As of July 31, 2013, HP had remaining authorization of $8.1 billion for future share repurchases.

• Taxes related to Other Comprehensive Income/Loss

	Three months ended July 31						Nine months ended July 31
	2013			2012			2013			2012
	In millions
Tax benefit (expense) on change in unrealized gains/losses on available-for-sale securities:
Tax benefit (expense) on unrealized gains/losses arising during the period	$	27		$	(2	)	$	(11	)	$	3
Tax expense (benefit) on gains/losses reclassified into earnings		—			—			—			—
		27			(2	)		(11	)		3
Tax (expense) benefit on change in unrealized gains/losses on cash flow hedges:
Tax (expense) benefit on unrealized gains/losses arising during the period		(14	)		(157	)		46			(249	)
Tax (benefit) expense on gains/losses reclassified into earnings		(4	)		91			(11	)		128
		(18	)		(66	)		35			(121	)
Tax (expense) benefit on change in unrealized components of defined benefit plans:
Tax (expense) benefit on net losses arising during the period		(8	)		6			(8	)		30
Tax expense (benefit) on amortization of actuarial loss and prior service benefit		10			(7	)		(11	)		(23	)
Tax (expense) benefit on curtailments, settlements and other		(3	)		2			(4	)		(62	)
		(1	)		1			(23	)		(55	)
Tax benefit (expense) on change in cumulative translation adjustment		—			43			22			5
Tax benefit (expense) on other comprehensive income/loss	$	8		$	(24	)	$	23		$	(168	)

• Components of accumulated other comprehensive loss, net of taxes:

	July 31, 2013			October 31, 2012
	In millions
Net unrealized gain on available-for-sale securities	$	60		$	87
Net unrealized loss on cash flow hedges		(89	)		(99	)
Unrealized components of defined benefit plans		(4,812	)		(5,090	)
Cumulative translation adjustment		(592	)		(457	)
Accumulated other comprehensive loss	$	(5,433	)	$	(5,559	)