(b) "NM" represents not meaningful.
HP INC. AND SUBSIDIARIES
SEGMENT/BUSINESS UNIT INFORMATION (Unaudited) (In millions) | ||||||||||
Twelve months ended October 31, | Change (%) | |||||||||
2017 | 2016 | Y/Y | ||||||||
Net revenue(a): | ||||||||||
Personal Systems | ||||||||||
Notebooks | $ | 19,782 | $ | 16,982 | 16 | % | ||||
Desktops | 10,298 | 9,956 | 3 | % | ||||||
Workstations | 2,042 | 1,870 | 9 | % | ||||||
Other | 1,252 | 1,179 | 6 | % | ||||||
Total Personal Systems | 33,374 | 29,987 | 11 | % | ||||||
Printing | ||||||||||
Supplies | 12,416 | 11,875 | 5 | % | ||||||
Commercial Hardware | 3,973 | 4,035 | (2 | )% | ||||||
Consumer Hardware | 2,412 | 2,350 | 3 | % | ||||||
Total Printing | 18,801 | 18,260 | 3 | % | ||||||
Corporate Investments | 8 | 7 | 14 | % | ||||||
Total segments | 52,183 | 48,254 | 8 | % | ||||||
Net revenue eliminations and other(b) | (127 | ) | (16 | ) | NM | |||||
Total net revenue | $ | 52,056 | $ | 48,238 | 8 | % | ||||
(a) Effective beginning of Q1 FY17, HP implemented an organizational change to align its business unit financial reporting more closely with its current business structure. The organizational change resulted in transfer of a portion of LaserJet printers from Commercial to Consumer within the Printing segment. HP reflected this change to its business unit information in prior reporting periods on an as-if basis which resulted in reclassification of revenues between the Commercial and Consumer business units of Printing. The reporting change had no impact to previously reported segment net revenue, consolidated net revenue, earnings from continuing operations, net earnings or net earnings per share.
(b) "NM" represents not meaningful.
HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY DATA (Unaudited) | ||||||||||||
Three months ended | Change in Operating Margin (pts) | |||||||||||
October 31,
2017 |
July 31,
2017 |
October 31,
2016 | Q/Q | Y/Y | ||||||||
Segment operating margin:(a) | ||||||||||||
Personal Systems | 3.8% | 3.7% | 4.3% | 0.1pts | (0.5)pts | |||||||
Printing | 16.6% | 17.3% | 14.0% | (0.7)pts | 2.6pts | |||||||
Corporate Investments (b) | NM | NM | NM | NM | NM | |||||||
Total segments | 8.1% | 8.4% | 7.6% | (0.3)pts | 0.5pts | |||||||