HP Inc. Reports Fiscal 2019 First Quarter Results


HP INC. AND SUBSIDIARIES
FISCAL 2017 SEGMENT / BUSINESS UNIT INFORMATION (Revised)
(Unaudited)
(In millions)

	REVISED AMOUNTS												AMOUNTS AS PREVIOUSLY REPORTED												CHANGE
	Three months ended									Twelve months ended			Three months ended									Twelve months ended			Three months ended								Twelve months ended
	Jan 31, 2017		Apr 30, 2017		July 31, 2017			Oct 31, 2017		Oct 31, 2017			Jan 31, 2017		Apr 30, 2017		July 31, 2017			Oct 31, 2017		Oct 31, 2017			Jan 31, 2017		Apr 30, 2017		July 31, 2017		Oct 31, 2017		Oct 31, 2017
Net revenue:^(a)
Personal Systems
Notebooks	$	4,890	$	4,493	$	5,008		$	5,391	$	19,782		$	4,890	$	4,493	$	5,008		$	5,391	$	19,782		$	—	$	—	$	—	$	—	$	—
Desktops	2,534		2,377		2,566			2,821		10,298			2,534		2,377		2,566			2,821		10,298			—		—		—		—		—
Workstations	491		495		530			526		2,042			491		495		530			526		2,042			—		—		—		—		—
Other	301		288		281			329		1,199			301		288		281			329		1,199			—		—		—		—		—
Total Personal Systems	8,216		7,653		8,385			9,067		33,321			8,216		7,653		8,385			9,067		33,321			—		—		—		—		—
Printing
Supplies	3,035		3,188		3,145			3,156		12,524			3,035		3,188		3,145			3,156		12,524			—		—		—		—		—
Commercial Hardware	839		936		940			1,077		3,792			839		936		940			1,077		3,792			—		—		—		—		—
Consumer Hardware	590		604		592			626		2,412			590		604		592			626		2,412			—		—		—		—		—
Total Printing	4,464		4,728		4,677			4,859		18,728			4,464		4,728		4,677			4,859		18,728			—		—		—		—		—
Corporate Investments	2		3		2			1		8			2		3		2			1		8			—		—		—		—		—
Total segments	12,682		12,384		13,064			13,927		52,057			12,682		12,384		13,064			13,927		52,057			—		—		—		—		—
Other	2		1		(4		)	—		(1		)	2		1		(4		)	—		(1		)	—		—		—		—		—
Total net revenue	$	12,684	$	12,385	$	13,060		$	13,927	$	52,056		$	12,684	$	12,385	$	13,060		$	13,927	$	52,056		$	—	$	—	$	—	$	—	$	—

(a) Effective at the beginning of its first quarter of fiscal year 2019, HP implemented an organizational change to align its business unit financial reporting more closely with its current business structure. The organizational change resulted in the transfer of certain Samsung-branded product categories 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. The reporting change had no impact to previously reported segment net revenue, consolidated net revenue, earnings from operations, net earnings or net EPS.

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