Preferred stock, shares authorized (in shares)

[Table of Contents](#i43adbcd383bc4dc48977980bcb999d17_79) HP INC. AND SUBSIDIARIESConsolidated Balance Sheets

|  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |
|   | As of October 31 |
|   | 2021 |  | 2020 |
|   | In millions, except par value |
| ASSETS |   |  |   |
| Current assets: |   |  |   |
| Cash and cash equivalents | $ | 4,299  |  |  | $ | 4,864  |  |
| Accounts receivable, net of allowance for credit losses of $111 and $122, respectively | 5,511  |  |  | 5,381  |  |
| Inventory | 7,930  |  |  | 5,963  |  |
| Other current assets | 4,430  |  |  | 4,440  |  |
| Total current assets | 22,170  |  |  | 20,648  |  |
| Property, plant and equipment, net | 2,546  |  |  | 2,627  |  |
| Goodwill | 6,803  |  |  | 6,380  |  |
| Other non-current assets | 7,091  |  |  | 5,026  |  |
| Total assets | $ | 38,610  |  |  | $ | 34,681  |  |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT |   |  |  |
| Current liabilities: |   |  |  |
| Notes payable and short-term borrowings | $ | 1,106  |  |  | $ | 674  |  |
| Accounts payable | 16,075  |  |  | 14,704  |  |
| Other current liabilities | 11,915  |  |  | 10,842  |  |
| Total current liabilities | 29,096  |  |  | 26,220  |  |
| Long-term debt | 6,386  |  |  | 5,543  |  |
| Other non-current liabilities | 4,778  |  |  | 5,146  |  |
| Commitments and contingencies  |  |  |  |
| Stockholders’ deficit: | 0 |  |  |
| Preferred stock, $0.01 par value (300 shares authorized; none issued) | —  |  |  | —  |  |
| Common stock, $0.01 par value (9,600 shares authorized; 1,092 and 1,304 shares issued and outstanding at October 31, 2021, and 2020 respectively) | 11  |  |  | 13  |  |
| Additional paid-in capital | 1,060  |  |  | 963  |  |
| Accumulated deficit | (2,461) |  |  | (1,961) |  |
| Accumulated other comprehensive loss | (260) |  |  | (1,243) |  |
| Total stockholders’ deficit | (1,650) |  |  | (2,228) |  |
| Total liabilities and stockholders’ deficit | $ | 38,610  |  |  | $ | 34,681  |  |

  
The accompanying notes are an integral part of these Consolidated Financial Statements.57
