Financial Instruments (Tables)

3 Months Ended

Jan. 31, 2016

Financial Instruments

Schedule of cash equivalents and available-for-sale investments

	As of January 31, 2016								As of October 31, 2015
	Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value		Cost		Gross Unrealized Gain		Gross Unrealized Loss		Fair Value
	In millions
Cash Equivalents:
Time deposits	$	1,055	$	—	$	—	$	1,055	$	1,111	$	—	$	—	$	1,111
Money market funds		1,367		—		—		1,367		4,303		—		—		4,303
Total cash equivalents		2,422		—		—		2,422		5,414		—		—		5,414
Available-for-Sale Investments:
Debt securities:
Foreign bonds		34		10		—		44		32		10		—		42
Other debt securities		1		—		—		1		2		—		—		2
Total debt securities		35		10		—		45		34		10		—		44
Equity securities:
Equity securities in public companies		1		4		—		5		1		4		—		5
Total equity securities		1		4		—		5		1		4		—		5
Total available-for-sale investments		36		14		—		50		35		14		—		49
Total cash equivalents and available-for-sale investments	$	2,458	$	14	$	—	$	2,472	$	5,449	$	14	$	—	$	5,463

Schedule of contractual maturities of investments in available-for-sale debt securities

	As of January 31, 2016
	Amortized Cost		Fair Value
	In millions
Due in one year	$	—	$	—
Due in one to five years		1		1
Due in more than five years		34		44
	$	35	$	45

Schedule of gross notional and fair value of derivative financial instruments in the Consolidated Balance Sheets

	As of January 31, 2016										As of October 31, 2015
	Outstanding Gross Notional		Other Current Assets		Other Non-Current Assets		Other Accrued Liabilities		Other Non-Current Liabilities		Outstanding Gross Notional		Other Current Assets		Other Non-Current Assets		Other Accrued Liabilities		Other Non-Current Liabilities
	In millions
Derivatives designated as hedging instruments
Fair value hedges:
Interest rate contracts	$	2,000	$	—	$	52	$	—	$	—	$	3,175	$	1	$	37	$	—	$	—
Cash flow hedges:
Foreign currency contracts		10,881		204		5		135		56		10,859		171		10		165		79
Total derivatives designated as hedging instruments		12,881		204		57		135		56		14,034		172		47		165		79
Derivatives not designated as hedging instruments
Foreign currency contracts		4,841		17		—		26		24		8,955		33		1		37		23
Other derivatives		135		—		—		4		—		173		5		—		—		—
Total derivatives not designated as hedging instruments		4,976		17		—		30		24		9,128		38		1		37		23
Total derivatives	$	17,857	$	221	$	57	$	165	$	80	$	23,162	$	210	$	48	$	202	$	102

Schedule of information related to the potential effect of entity's master netting agreements and collateral security agreements

	In the Consolidated Condensed Balance Sheets
												(vi) = (iii)–(iv)–(v)
	(i)		(ii)		(iii) = (i)–(ii)		(iv)		(v)
							Gross Amounts Not Offset
As of January 31, 2016	Gross Amount Recognized		Gross Amount Offset		Net Amount Presented		Derivatives		Financial Collateral			Net Amount
	In millions
Derivative assets	$	278	$	—	$	278	$	159	$	80	(1)	$	39
Derivative liabilities	$	245	$	—	$	245	$	159	$	65	(2)	$	21
As of October 31, 2015
Derivative assets	$	258	$	—	$	258	$	162	$	9	(1)	$	87
Derivative liabilities	$	304	$	—	$	304	$	162	$	—		$	142

(1)	Represents the cash collateral posted by counterparties as of the respective reporting date for HP's asset position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.
(2)	Represents the collateral posted by HP through re-use of counterparty cash collateral as of the respective reporting date for HP's liability position, net of derivative amounts that could be offset, as of, generally, two business days prior to the respective reporting date.

Schedule of pre-tax effect of derivative instruments and related hedged items in a fair value hedging relationship

	Gain (Loss) Recognized in Earnings on Derivative Instruments and Related Hedged Items
		Three months ended January 31						Three months ended January 31
Derivative Instrument	Location	2016		2015		Hedged Item	Location	2016			2015
		In millions						In millions
Interest rate contracts	Interest and other, net	$	14	$	141	Fixed-rate debt	Interest and other, net	$	(14	)	$	(141	)

Schedule of pre-tax effect of derivative instruments in cash flow and net investment hedging relationships

	Gain (Loss) Recognized in Other Comprehensive Income ("OCI") on Derivatives (Effective Portion)				Gain (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion)
	Three months ended January 31					Three months ended January 31
	2016		2015		Location	2016			2015
	In millions					In millions
Cash flow hedges:
Foreign currency contracts	$	105	$	631	Net revenue	$	78		$	334
					Cost of products		(40	)		(26	)
					Other operating expenses		—			(4	)
					Interest and other, net		(4	)		30
Total	$	105	$	631		$	34		$	334
Net investment hedges:
Foreign currency contracts	$	—	$	129	Interest and other, net	$	—		$	—

Schedule of pre-tax effect of derivative instruments not designated as hedging instruments on the Consolidated Statements of Earnings

	Gain (Loss) Recognized in Earnings on Derivatives
		Three months ended January 31,
	Location	2016			2015
		In millions
Foreign currency contracts	Interest and other, net	$	21		$	97
Other derivatives	Interest and other, net		(8	)		(2	)
Total		$	13		$	95