| HP INC. AND SUBSIDIARIES
CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS (Unaudited) (In millions, except per share amounts) | |||||||
| Six months ended | |||||||
| April 30, 2020 | April 30, 2019 | ||||||
| Net revenue | $ | 27,087 | $ | 28,746 | |||
| Costs and expenses: | |||||||
| Cost of revenue | 21,722 | 23,405 | |||||
| Research and development | 738 | 697 | |||||
| Selling, general and administrative | 2,506 | 2,587 | |||||
| Restructuring and other charges | 372 | 124 | |||||
| Acquisition-related charges | 3 | 21 | |||||
| Amortization of intangible assets | 55 | 58 | |||||
| Total costs and expenses | 25,396 | 26,892 | |||||
| Earnings from operations | 1,691 | 1,854 | |||||
| Interest and other, net | 13 | (71 | ) | ||||
| Earnings before taxes | 1,704 | 1,783 | |||||
| Provision for taxes | (262 | ) | (198 | ) | |||
| Net earnings | $ | 1,442 | $ | 1,585 | |||
| Net earnings per share: | |||||||
| Basic | $ | 1.00 | $ | 1.03 | |||
| Diluted | $ | 0.99 | $ | 1.02 | |||
| Cash dividends declared per share | $ | 0.35 | $ | 0.32 | |||
| Weighted-average shares used to compute net earnings per share: | |||||||
| Basic | 1,444 | 1,543 | |||||
| Diluted | 1,450 | 1,551 | |||||
