Borrowings (Tables)

3 Months Ended

Jan. 31, 2016

Borrowings

Schedule of notes payable and short-term borrowings, including the current portion of long-term debt

	As of January 31, 2016					As of October 31, 2015
	Amount Outstanding		Weighted-Average Interest Rate			Amount Outstanding		Weighted-Average Interest Rate
	In millions					In millions
Current portion of long-term debt(1)	$	20		5.4	%	$	2,160		3.3	%
Notes payable to banks, lines of credit and other		29		3.7	%		34		4.7	%
	$	49				$	2,194

(1) In the first quarter of fiscal 2016, HP redeemed and repaid $2.1 billion fixed-rate U.S. Dollar Global Notes.

Schedule of long-term debt

	As of
	January 31, 2016			October 31, 2015
	In millions
U.S. Dollar Global Notes(1)
2006 Shelf Registration Statement:
$500 issued at discount to par at a price of 99.694% in February 2007 at 5.4%, paid November 2015	$	—		$	162
$750 issued at discount to par at a price of 99.932% in March 2008 at 5.5%, paid November 2015		—			283
2009 Shelf Registration Statement:
$650 issued at discount to par at a price of 99.911% in December 2010 at 2.2%, paid November 2015		—			309
$1,350 issued at discount to par at a price of 99.827% in December 2010 at 3.75%, due December 2020		648			648
$1,000 issued at discount to par at a price of 99.958% in May 2011 at 2.65%, paid November 2015		—			346
$1,250 issued at discount to par at a price of 99.799% in May 2011 at 4.3%, due June 2021		1,248			1,248
$1,300 issued at discount to par at a price of 99.784% in September 2011 at 3.0%, paid November 2015		—			390
$1,000 issued at discount to par at a price of 99.816% in September 2011 at 4.375%, due September 2021		999			999
$1,200 issued at discount to par at a price of 99.863% in September 2011 at 6.0%, due September 2041		1,199			1,199
$850 issued at discount to par at a price of 99.790% in December 2011 at 3.3%, paid November 2015		—			220
$1,500 issued at discount to par at a price of 99.707% in December 2011 at 4.65%, due December 2021		1,497			1,497
$1,500 issued at discount to par at a price of 99.985% in March 2012 at 2.6%, paid November 2015		—			436
$500 issued at discount to par at a price of 99.771% in March 2012 at 4.05%, due September 2022		499			499
2012 Shelf Registration Statement:
$750 issued at par in January 2014 at three-month USD LIBOR plus 0.94%, due January 2019		102			102
$1,250 issued at discount to par at a price of 99.954% in January 2014 at 2.75%, due January 2019		300			300
		6,492			8,638
Other, including capital lease obligations, at 0.51%-8.30%, due in calendar years 2016-2024		132			96
Fair value adjustment related to hedged debt		79			103
Less: current portion of long-term debt		(20	)		(2,160	)
Total long-term debt	$	6,683		$	6,677

(1) HP may redeem some or all of the fixed-rate U.S. Dollar Global Notes at any time in accordance with the terms thereof. The U.S. Dollar Global Notes are senior unsecured debt.

Schedule of borrowing resources available to obtain short-term or long-term financing

	As of January 31, 2016
	In millions
Commercial paper program(1)	$	4,000
Uncommitted lines of credit	$	881

(1) The extent to which HP is able to utilize the commercial paper program as a source of liquidity at any given time is subject to a number of factors, including market demand for HP securities and commercial paper, HP's financial performance, HP's credit ratings, HP's available committed credit facility and market conditions generally.