Note 3: Restructuring

Summary of Restructuring Plans

HP's restructuring activities in fiscal 2014 summarized by plan were as follows:

			Fiscal 2014											As of October 31, 2014
	Balance, October 31, 2013		Charges			Cash Payments			Other Adjustments and Non-Cash Settlements			Balance, October 31, 2014		Total Costs Incurred to Date		Total Expected Costs to Be Incurred
	In millions
Fiscal 2012 Plan
Severance and EER	$	945	$	1,357		$	(1,233	)	$	(114	)	$	955	$	4,393	$	5,000
Infrastructure and other		40		268			(208	)		(2	)		98		515		540

Total 2012 Plan		985		1,625			(1,441	)		(116	)		1,053		4,908		5,540
Other Plans:
Severance		10		—			(3	)		—			7		2,629		2,629
Infrastructure		122		(6	)		(62	)		—			54		1,433		1,437

Total Other Plans		132		(6	)		(65	)		—			61		4,062		4,066

Total restructuring plans	$	1,117	$	1,619		$	(1,506	)	$	(116	)	$	1,114	$	8,970	$	9,606


Reflected in Consolidated Balance Sheets:
Accrued restructuring	$	901										$	898

Other liabilities	$	216										$	216

Fiscal 2012 Restructuring Plan

On May 23, 2012, HP adopted a multi-year restructuring plan (the "2012 Plan") designed to simplify business processes, accelerate innovation and deliver better results for customers, employees and stockholders. As of October 31, 2013, HP estimated that it would eliminate approximately 34,000 positions in connection with the 2012 Plan through fiscal 2014, with a portion of those employees exiting the company as part of voluntary enhanced early retirement ("EER") programs in the U.S. and in certain other countries. As of October 31, 2013, HP estimated that it would recognize approximately $4.1 billion in aggregate charges in connection with the 2012 Plan.

In fiscal 2014, HP increased the expected number of positions to be eliminated to 55,000 as HP continued to optimize the workforce and reengineer business processes to be more competitive and meet its objectives. As a result, as of October 31, 2014, HP estimates that it will recognize approximately $5.5 billion in aggregate charges in connection with the 2012 Plan. As of October 31, 2014, HP had recorded $4.9 billion in aggregate charges of which $4.4 billion related to workforce reductions and $515 million related to infrastructure, including data center and real estate consolidation, and other items. As of October 31, 2014, HP had eliminated approximately 40,900 positions for which a severance payment has been or will be made as part of the 2012 Plan. The severance- and infrastructure-related cash payments associated with the 2012 Plan are expected to be paid out through fiscal 2021.

Other Plans

Restructuring plans initiated by HP in fiscal 2008 and 2010 were substantially completed as of October 31, 2014. Severance- and infrastructure-related cash payments associated with the other plans are expected to be paid out through fiscal 2019.