Restructuring

6 Months Ended

Apr. 30, 2015

Restructuring

Restructuring

Note 3: Restructuring

Summary of Restructuring Plans

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

						Six months ended April 30, 2015											As of April 30, 2015
			Three months ended April 30, 2015 Restructuring Charges
	Balance, October 31, 2014					Restructuring Charges			Cash Payments			Other Adjustments and Non-Cash Settlements			Balance, April 30, 2015		Total Costs Incurred to Date		Total Expected Costs to Be Incurred
	In millions
Fiscal 2012 Plan
Severance and EER	$	955	$	238		$	371		$	(622	)	$	(57	)	$	647	$	4,764	$	4,935
Infrastructure and other		98		20			37			(72	)		(2	)		61		552		565
Total 2012 Plan		1,053		258			408			(694	)		(59	)		708		5,316		5,500
Other Plans:
Severance		7		—			—			—			(1	)		6		2,629		2,629
Infrastructure		54		(3	)		(7	)		(9	)		—			38		1,426		1,426
Total Other Plans		61		(3	)		(7	)		(9	)		(1	)		44		4,055		4,055
Total restructuring plans	$	1,114	$	255		$	401		$	(703	)	$	(60	)	$	752	$	9,371	$	9,555
Reflected in Consolidated Condensed Balance Sheets:
Accrued restructuring	$	898													$	614
Other liabilities	$	216													$	138

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. HP estimates that it will eliminate approximately 55,000 positions in connection with the 2012 Plan through fiscal 2015, 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, 2014, HP estimated that it will recognize approximately $5.5 billion in aggregate charges in connection with the 2012 Plan. As of April 30, 2015, HP expects approximately $4.9 billion to relate to workforce reductions, including the EER programs, and approximately $565 million to relate to infrastructure, including data center and real estate consolidation, and other items. As of April 30, 2015, HP had recorded $5.3 billion in aggregate charges of which $4.8 billion related to workforce reductions and $552 million related to infrastructure, including data center and real estate consolidation, and other items. HP expects to record the remaining charges through the end of HP's 2015 fiscal year as the accounting recognition criteria are met. As of April 30, 2015, HP had eliminated approximately 47,600 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 April 30, 2015. Severance- and infrastructure-related cash payments associated with the other plans are expected to be paid out through fiscal 2019.