HP Inc. Reports Fiscal 2020 Third Quarter Results



 HP INC. AND SUBSIDIARIES
CONSOLIDATED CONDENSED BALANCE SHEETS
(Unaudited)
(In millions) 
  As of
  July 31, 2020  October 31, 2019
ASSETS   
Current assets:   
Cash and cash equivalents$4,679  $4,537 
Accounts receivable, net5,269  6,031 
Inventory5,896  5,734 
Other current assets4,425  3,875 
Total current assets20,269  20,177 
Property, plant and equipment, net2,658  2,794 
Goodwill6,386  6,372 
Other non-current assets4,931  4,124 
Total assets$34,244  $33,467 
    
LIABILITIES AND STOCKHOLDERS' DEFICIT   
Current liabilities:   
Notes payable and short-term borrowings$276  $357 
Accounts payable14,276  14,793  
Other current liabilities 10,474     10,143  
Total current liabilities 25,026     25,293  
Long-term debt 5,981     4,780  
Other non-current liabilities 5,223     4,587  
Stockholders' deficit (1,986 )   (1,193 )
Total liabilities and stockholders' deficit $ 34,244     $ 33,467  

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