HP INC. AND SUBSIDIARIES
SEGMENT/BUSINESS UNIT INFORMATION
(Unaudited)
(In millions)
| Three months ended | Change (%) | ||||||||||||||
| January 31, 2021 | October 31, 2020 | January 31, 2020 | Q/Q | Y/Y | |||||||||||
| Net revenue: | |||||||||||||||
| Notebooks | $ | 7,366 | $ | 7,405 | $ | 5,974 | (1)% | 23% | |||||||
| Desktops | 2,400 | 2,253 | 2,923 | 7% | (18)% | ||||||||||
| Workstations | 382 | 355 | 594 | 8% | (36)% | ||||||||||
| Other | 455 | 419 | 401 | 9% | 13% | ||||||||||
| Personal Systems | 10,603 | 10,432 | 9,892 | 2% | 7% | ||||||||||
| Supplies | 3,146 | 3,131 | 3,041 | —% | 3% | ||||||||||
| Commercial | 957 | 923 | 1,076 | 4% | (11)% | ||||||||||
| Consumer | 941 | 772 | 607 | 22% | 55% | ||||||||||
| Printing | 5,044 | 4,826 | 4,724 | 5% | 7% | ||||||||||
| Corporate Investments (a) | — | — | 1 | NM | NM | ||||||||||
| Total segment net revenue | 15,647 | 15,258 | 14,617 | 3% | 7% | ||||||||||
| Other (a) | (1) | — | 1 | NM | NM | ||||||||||
| Total net revenue | $ | 15,646 | $ | 15,258 | $ | 14,618 | 3% | 7% | |||||||
| Earnings before taxes: | |||||||||||||||
| Personal Systems | $ | 758 | $ | 528 | $ | 662 | |||||||||
| Printing | 998 | 713 | 754 | ||||||||||||
| Corporate Investments | (27) | (27) | (13) | ||||||||||||
| Total segment earnings from operations | 1,729 | 1,214 | 1,403 | ||||||||||||
| Corporate and unallocated cost and other | (136) | (103) | (112) | ||||||||||||
| Stock-based compensation expense | (116) | (57) | (109) | ||||||||||||
| Restructuring and other charges | (121) | (31) | (291) | ||||||||||||
| Acquisition-related charges | (6) | (2) | — | ||||||||||||
| Amortization of intangible assets | (29) | (29) | (26) | ||||||||||||
| Interest and other, net | (25) | (216) | 13 | ||||||||||||
| Total earnings before taxes | $ | 1,296 | $ | 776 | $ | 878 | |||||||||
