Financial Instruments (Tables)

6 Months Ended

Apr. 30, 2016

Financial Instruments

Schedule of cash equivalents and available-for-sale investments

	As of April 30, 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	$	1,383	$	—	$	—	$	1,383	$	1,111	$	—	$	—	$	1,111
Money market funds		1,654		—		—		1,654		4,303		—		—		4,303
Total cash equivalents		3,037		—		—		3,037		5,414		—		—		5,414
Available-for-Sale Investments:
Equity securities in public companies		1		4		—		5		1		4		—		5
Foreign bonds		37		10		—		47		32		10		—		42
Other debt securities		2		—		—		2		2		—		—		2
Total available-for-sale investments		40		14		—		54		35		14		—		49
Total cash equivalents and available-for-sale investments	$	3,077	$	14	$	—	$	3,091	$	5,449	$	14	$	—	$	5,463

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

	As of April 30, 2016
	Amortized Cost		Fair Value
	In millions
Due in one year	$	2	$	2
Due in one to five years	$	—	$	—
Due in more than five years	$	37	$	47

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

	As of April 30, 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	$	—	$	56	$	—	$	—	$	3,175	$	1	$	37	$	—	$	—
Cash flow hedges:
Foreign currency contracts		11,596		54		61		299		15		10,859		171		10		165		79
Total derivatives designated as hedging instruments		13,596		54		117		299		15		14,034		172		47		165		79
Derivatives not designated as hedging instruments
Foreign currency contracts		4,891		19		—		20		23		8,955		33		1		37		23
Other derivatives		136		3		—		—		—		173		5		—		—		—
Total derivatives not designated as hedging instruments		5,027		22		—		20		23		9,128		38		1		37		23
Total derivatives	$	18,623	$	76	$	117	$	319	$	38	$	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
							Gross Amounts Not Offset
	Gross Amount Recognized (i)		Gross Amount Offset (ii)
					Net Amount Presented (iii) = (i)–(ii)		Derivatives (iv)		Financial Collateral (v)			Net Amount (vi) = (iii)–(iv)–(v)
	In millions
As of April 30, 2016
Derivative assets	$	193	$	—	$	193	$	147	$	23	(1)	$	23
Derivative liabilities	$	357	$	—	$	357	$	147	$	143	(2)	$	67
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 and Related Hedged Item
Derivative Instrument	Location	Three months ended April 30, 2016		Six months ended April 30, 2016		Hedged Item	Location	Three months ended April 30, 2016			Six months ended April 30, 2016
		In millions						In millions
Interest rate contracts	Interest and other, net	$	4	$	18	Fixed-rate debt	Interest and other, net	$	(4	)	$	(18	)

	Gain (Loss) Recognized in Earnings on Derivative and Related Hedged Item
Derivative Instrument	Location	Three months ended April 30, 2015			Six months ended April 30, 2015		Hedged Item	Location	Three months ended April 30, 2015		Six months ended April 30, 2015
		In millions							In millions
Interest rate contracts	Interest and other, net	$	(80	)	$	61	Fixed-rate debt	Interest and other, net	$	80	$	(61	)

Schedule of pre-tax effect of derivative instruments in cash flow 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 April 30, 2016			Six months ended April 30, 2016			Location	Three months ended April 30, 2016			Six months ended April 30, 2016
	In millions							In millions
Cash flow hedges:
Foreign currency contracts	$	(145	)	$	(40	)	Net revenue	$	88		$	166
							Cost of revenue		(32	)		(72	)
							Operating expenses		—			—
							Interest and other, net		6			2
Total	$	(145	)	$	(40	)		$	62		$	96

	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 April 30, 2015			Six months ended April 30, 2015		Location	Three months ended April 30, 2015			Six months ended April 30, 2015
	In millions						In millions
Cash flow hedges:
Foreign currency contracts	$	(22	)	$	381	Net revenue	$	410		$	665
						Cost of revenue		(44	)		(72	)
						Operating expenses		(1	)		(2	)
						Interest and other, net		—			—
Continuing Operations	$	(22	)	$	381	Continuing Operations	$	365		$	591
Discontinued Operations		4			232	Discontinued Operations		191			299
Total	$	(18	)	$	613	Total	$	556		$	890
Net investment hedges: Foreign currency contracts	$	—			—	Interest and other, net		—			—
Continuing Operations		—			—	Continuing Operations		—			—
Discontinued Operations		(6	)		123	Discontinued Operations		—			—
Total	$	(6	)	$	123	Total	$	—		$	—

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

	Gain (Loss) Recognized in Earnings on Derivatives
	Location	Three months ended April 30, 2016			Three months ended April 30, 2015			Six months ended April 30, 2016			Six months ended April 30, 2015
		In millions
Foreign currency contracts	Interest and other, net	$	(29	)	$	(4	)	$	(8	)	$	63
Other derivatives	Interest and other, net		7			(1	)		(1	)		(3	)
Total		$	(22	)	$	(5	)	$	(9	)	$	60