^(a) Interest and other, net and Provision for taxes includes a gain and corresponding tax expense, respectively, from the one time Oracle litigation proceeds for the twelve months ended October 31, 2021.
 

HP INC. AND SUBSIDIARIES ADJUSTMENTS TO GAAP NET EARNINGS, EARNINGS FROM OPERATIONS, OPERATING MARGIN AND DILUTED NET EARNINGS PER SHARE (Unaudited) (In millions, except per share amounts)

	Three months ended
	October 31, 2021									July 31, 2021									October 31, 2020
	Amounts					Diluted net earnings per share				Amounts					Diluted net earnings per share				Amounts					Diluted net earnings per share
GAAP net earnings	$	3,099				$	2.71			$	1,108				$	0.92			$	668				$	0.49
Non-GAAP adjustments:
Restructuring and other charges	29					0.02				56					0.04				31					0.02
Acquisition-related charges	28					0.02				24					0.02				2					—
Amortization of intangible assets	51					0.04				42					0.04				29					0.02
Debt extinguishment costs	—					—				16					0.01				—					—
Oracle litigation proceeds	(2,304			)		(2.01		)		—					—				—					—
Defined benefit plan settlement (gains) charges	(37			)		(0.03		)		—					—				214					0.16
Non-operating retirement-related credits	(38			)		(0.03		)		(39			)		(0.03		)		(57			)		(0.04		)
Tax adjustments (a)	248					0.22				(9			)		—				(52			)		(0.03		)
Non-GAAP net earnings	$	1,076				$	0.94			$	1,198				$	1.00			$	835				$	0.62
GAAP earnings from operations	$	1,238								$	1,381								$	992
Non-GAAP adjustments:
Restructuring and other charges	29									56									31
Acquisition-related charges	28									24									2
Amortization of intangible assets	51									42									29
Non-GAAP earnings from operations	$	1,346								$	1,503								$	1,054
GAAP operating margin	7.4			%						9.0			%						6.5			%
Non-GAAP adjustments	0.7			%						0.8			%						0.4			%
Non-GAAP operating margin	8.1			%						9.8			%						6.9			%

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15  Next Page »