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Goodwill and Intangible Assets (Tables)
12 Months Ended
Oct. 31, 2015
Goodwill and Intangible Assets  
Schedule of allocation and changes in the carrying amount of goodwill

 

                                                                                                                                                                                    

 

 

Personal
Systems

 

Printing

 

Enterprise
Group

 

Enterprise
Services(3)

 

Software

 

HP
Financial
Services

 

Corporate
Investments

 

Total

 

 

 

In millions

 

Balance at October 31, 2013(1)(2)

 

$

2,588

 

$

3,103

 

$

16,864

 

$

97

 

$

8,328

 

$

144

 

$

 

$

31,124

 

Goodwill acquired during the period

 

 

 

 

 

 

 

 

 

 

12

 

 

 

 

 

 

12

 

Goodwill adjustments

 

 

 

 

 

 

3

 

 

 

 

 

 

 

 

 

 

3

 

​  

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Balance at October 31, 2014(1)(2)

 

$

2,588

 

$

3,103

 

$

16,867

 

$

97

 

$

8,340

 

$

144

 

$

 

$

31,139

 

Goodwill acquired during the period

 

 

 

 

 

 

1,891

 

 

 

 

96

 

 

 

 

 

 

1,987

 

Goodwill adjustments

 

 

 

 

(11

)

 

(46

)

 

(5

)

 

(123

)

 

 

 

 

 

(185

)

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Balance at October 31, 2015(1)

 

$

2,588

 

$

3,092

 

$

18,712

 

$

92

 

$

8,313

 

$

144

 

$

 

$

32,941

 

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​  

​  

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(1)          

Goodwill is net of accumulated impairment losses of $14.5 billion. Of that amount, $8.0 billion relates to the ES segment, $5.7 billion relates to Software, and the remaining $0.8 billion relates to Corporate Investments.

(2)          

In connection with the Separation, effective at the beginning of its fourth quarter of fiscal 2015, HP implemented an organizational change which resulted in the transfer of the marketing optimization solutions business from the Software segment to the Commercial Hardware business unit within the Printing segment. As a result, HP reclassified $512 million of goodwill related to the marketing optimization solutions business from the Software segment to the Printing segment. The reclassification has been reflected retrospectively for all periods presented above.

(3)          

Goodwill relates to the MphasiS Limited reporting unit.

 

Intangible Assets

 

                                                                                                                                                                                    

 

 

As of October 31, 2015

 

As of October 31, 2014

 

 

 

Gross

 

Accumulated
Amortization

 

Accumulated
Impairment
Loss

 

Net

 

Gross

 

Accumulated
Amortization

 

Accumulated
Impairment
Loss

 

Net

 

 

 

In millions

 

Customer contracts, customer lists and distribution agreements

 

$

5,311

 

$

(3,674

)

$

(856

)

$

781

 

$

5,289

 

$

(3,228

)

$

(856

)

$

1,205

 

Developed and core technology and patents

 

 

4,312

 

 

(1,165

)

 

(2,138

)

 

1,009

 

 

4,266

 

 

(1,301

)

 

(2,138

)

 

827

 

Trade name and trade marks

 

 

1,458

 

 

(57

)

 

(1,336

)

 

65

 

 

1,693

 

 

(261

)

 

(1,336

)

 

96

 

In-process research and development

 

 

159

 

 

 

 

 

 

159

 

 

 

 

 

 

 

 

 

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​  

​  

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Total intangible assets

 

$

11,240

 

$

(4,896

)

$

(4,330

)

$

2,014

 

$

11,248

 

$

(4,790

)

$

(4,330

)

$

2,128

 

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​  

​  

​  

​  

​  

​  

​  

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Schedule of intangible assets

 

                                                                                                                                                                                    

Finite-Lived Intangible Assets

 

Weighted-Average
Useful Lives

 

 

 

In years

 

Customer contracts, customer lists and distribution agreements

 

 

 

Developed and core technology and patents

 

 

 

Trade name and trade marks

 

 

 

 

Schedule of estimated future amortization expense related to finite-lived purchased intangible assets

        As of October 31, 2015, estimated future amortization expense related to finite-lived intangible assets was as follows:

 

                                                                                                                                                                                    

Fiscal year

 

In millions

 

2016

 

$

773 

 

2017

 

 

353 

 

2018

 

 

253 

 

2019

 

 

213 

 

2020

 

 

181 

 

Thereafter

 

 

82 

 

​  

​  

Total

 

$

1,855 

 

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​