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Balance Sheet Details (Table)
12 Months Ended
Oct. 31, 2015
Balance Sheet Details  
Accounts Receivable, Net

 

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Accounts receivable

 

$

13,552

 

$

14,064

 

Allowance for doubtful accounts

 

 

(189

)

 

(232

)

​  

​  

​  

​  

 

 

$

13,363

 

$

13,832

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of allowance for doubtful accounts related to accounts receivable

 

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2015

 

2014

 

2013

 

 

 

In millions

 

Balance at beginning of year

 

$

232

 

$

332

 

$

464

 

Provision for doubtful accounts

 

 

46

 

 

25

 

 

23

 

Deductions, net of recoveries

 

 

(89

)

 

(125

)

 

(155

)

​  

​  

​  

​  

​  

​  

Balance at end of year

 

$

189

 

$

232

 

$

332

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of maximum program capacity and available program capacity under revolving short-term financing arrangements

 

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Non-recourse arrangements:

 

 

 

 

 

 

 

Maximum program capacity

 

$

1,427

 

$

1,083

 

Utilized capacity(1)(2)

 

 

(568

)

 

(613

)

​  

​  

​  

​  

Available capacity

 

$

859

 

$

470

 

​  

​  

​  

​  

Partial-recourse arrangements:

 

 

 

 

 

 

 

Maximum program capacity

 

$

1,860

 

$

1,877

 

Utilized capacity(1)(2)

 

 

(1,381

)

 

(1,500

)

​  

​  

​  

​  

Available capacity

 

$

479

 

$

377

 

​  

​  

​  

​  

Total arrangements:

 

 

 

 

 

 

 

Maximum program capacity

 

$

3,287

 

$

2,960

 

Utilized capacity(1)(2)

 

 

(1,949

)

 

(2,113

)

​  

​  

​  

​  

Available capacity

 

$

1,338

 

$

847

 

​  

​  

​  

​  

​  

​  

​  

​  


 

 

 

(1)          

Utilized capacity represents the receivables sold to third parties, but not collected from the customer by the third parties.

(2)          

HP reflects the amounts transferred to, but not yet collected from, third parties in Accounts receivable in the Consolidated Balance Sheets. These amounts, included in the utilized capacity are as follows:

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Non-recourse arrangements

 

$

21 

 

$

78 

 

Partial-recourse arrangements

 

 

140 

 

 

381 

 

​  

​  

​  

​  

Total arrangements

 

$

161 

 

$

459 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of revolving short-term financing arrangements

 

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Non-recourse arrangements

 

$

21 

 

$

78 

 

Partial-recourse arrangements

 

 

140 

 

 

381 

 

​  

​  

​  

​  

Total arrangements

 

$

161 

 

$

459 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of transferred trade receivables not collected from the third parties

 

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2015

 

2014

 

2013

 

 

 

In millions

 

Balance at beginning of year(1)

 

$

459

 

$

172

 

$

228

 

Trade receivables sold(2)

 

 

10,733

 

 

9,627

 

 

4,241

 

Cash receipts(2)

 

 

(10,998

)

 

(9,306

)

 

(4,305

)

Foreign currency and other

 

 

(33

)

 

(34

)

 

8

 

​  

​  

​  

​  

​  

​  

Balance at end of year(1)

 

$

161

 

$

459

 

$

172

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  


 

 

 

(1)          

Beginning and ending balance represents amounts for trade receivables sold but not yet collected.

(2)          

In fiscal 2014, HP revised the presentation for the trade receivables sold and the cash received under the short-term financing arrangements for the fiscal year ended October 31, 2013 in order to present comparable information with that period.

 

Inventory

 

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Finished goods

 

$

4,337 

 

$

3,973 

 

Purchased parts and fabricated assemblies

 

 

2,148 

 

 

2,442 

 

​  

​  

​  

​  

 

 

$

6,485 

 

$

6,415 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Other Current Assets

 

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Deferred tax assets—short-term

 

$

2,242 

 

$

2,754 

 

Value-added taxes receivable

 

 

2,481 

 

 

2,169 

 

Supplier and other receivables

 

 

2,749 

 

 

2,378 

 

Prepaid and other current assets

 

 

4,116 

 

 

4,518 

 

​  

​  

​  

​  

 

 

$

11,588 

 

$

11,819 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Property, Plant and Equipment

 

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Land

 

$

537

 

$

540

 

Buildings and leasehold improvements

 

 

9,172

 

 

9,048

 

Machinery and equipment, including equipment held for lease

 

 

16,766

 

 

16,664

 

​  

​  

​  

​  

 

 

 

26,475

 

 

26,252

 

​  

​  

​  

​  

Accumulated depreciation

 

 

(15,385

)

 

(14,912

)

​  

​  

​  

​  

 

 

$

11,090

 

$

11,340

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Long-Term Financing Receivables and Other Assets

 

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Financing receivables, net

 

$

3,676 

 

$

3,613 

 

Deferred tax assets

 

 

871 

 

 

740 

 

Deferred costs

 

 

742 

 

 

755 

 

Other

 

 

3,761 

 

 

3,346 

 

​  

​  

​  

​  

 

 

$

9,050 

 

$

8,454 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Other Accrued Liabilities

 

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Accrued taxes—other

 

$

2,371 

 

$

2,269 

 

Warranty

 

 

1,147 

 

 

1,325 

 

Sales and marketing programs

 

 

3,089 

 

 

2,986 

 

Other

 

 

5,417 

 

 

5,499 

 

​  

​  

​  

​  

 

 

$

12,024 

 

$

12,079 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Other Liabilities

 

                                                                                                                                                                                    

 

 

As of October 31

 

 

 

2015

 

2014

 

 

 

In millions

 

Pension, post-retirement, and post-employment liabilities

 

$

5,630 

 

$

6,379 

 

Deferred revenue—long-term

 

 

4,373 

 

 

3,931 

 

Deferred tax liability—long-term

 

 

295 

 

 

1,124 

 

Tax liability—long-term

 

 

2,593 

 

 

2,861 

 

Other long-term liabilities

 

 

1,869 

 

 

2,010 

 

​  

​  

​  

​  

 

 

$

14,760 

 

$

16,305 

 

​  

​  

​  

​  

​  

​  

​  

​