(a) Certain fiscal 2012 organizational reclassifications have been reflected retroactively to provide improved visibility and comparability. For each of the quarters in fiscal year 2011, the reclassifications resulted in the transfer of revenue among the Services, Imaging and Printing Group, Enterprise Servers, Storage and Networking, Software and Corporate Investments financial reporting segments. Reclassifications between segments included the transfer of Indigo Scitex support and the LaserJet and enterprise solutions trade support businesses from Services to the Imaging and Printing Group, the transfer of the business intelligence services business from Corporate Investments to Services, the transfer of the information management services business from Software to Services, and the transfer of the Tipping Point business from Enterprise Servers, Storage and Networking to Software. In addition, revenue was transferred among the business units within the Services segment. There was no impact on the previously reported financial results for the Personal Systems Group and HP Financial Services segments. (b) The former Application Services, Business Process Outsourcing and Other Services business units were consolidated into a new Application and Business Services business unit in fiscal 2012.
HEWLETT-PACKARD COMPANY AND SUBSIDIARIES SEGMENT NON-GAAP OPERATING MARGIN SUMMARY DATA (Unaudited) (In millions) Three months Change in Operating Margin ended (pts) ------------- ---------------------------- January 31, 2012 Q/Q Y/Y ------------- ------------- ------------- Non-GAAP operating margin:(a) Personal Systems Group 5.2% (0.5 pts) (1.2 pts) Services 10.5% (2.6 pts) (5.7 pts) Imaging and Printing Group 12.2% (0.2 pts) (4.4 pts) Enterprise Servers, Storage and Networking 11.2% (1.6 pts) (3.6 pts) Software 17.1% (10.7 pts) 0.5 pts HP Financial Services 9.6% (0.7 pts) - pts Corporate Investments (82.8%) NM 204.3 pts Total segments 9.4% (1.2 pts) (2.8 pts) Total HP consolidated non- GAAP operating margin 8.6% (1.1 pts) (3.8 pts)