HP Inc. Reports Fiscal 2020 Full Year and Fourth Quarter Results


HP INC. AND SUBSIDIARIES
CONSOLIDATED CONDENSED BALANCE SHEETS
(Unaudited)
(In millions)


  As of
  October 31, 2020  October 31, 2019
ASSETS   
Current assets:   
Cash and cash equivalents$4,864   $4,537  
Accounts receivable, net5,381   6,031  
Inventory5,963   5,734  
Other current assets4,440   3,875  
Total current assets20,648   20,177  
Property, plant and equipment, net2,627   2,794  
Goodwill6,380   6,372  
Other non-current assets5,026   4,124  
Total assets$34,681   $33,467  
    
LIABILITIES AND STOCKHOLDERS' DEFICIT   
Current liabilities:   
Notes payable and short-term borrowings$674   $357  
Accounts payable 14,704      14,793   
Other current liabilities 10,842      10,143   
Total current liabilities 26,220      25,293   
Long-term debt 5,543      4,780   
Other non-current liabilities 5,146      4,587   
Stockholders' deficit (2,228 )   (1,193 )
Total liabilities and stockholders' deficit $ 34,681      $ 33,467   

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