HP Inc. Reports Fiscal 2020 Third Quarter Results



HP INC. AND SUBSIDIARIES
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
(Unaudited)
(In millions)
  Three months ended
  July 31, 2020  July 31, 2019
    
Cash flows from operating activities:   
Net earnings$734  $1,179 
Adjustments to reconcile net earnings to net cash provided by operating activities:   
Depreciation and amortization197  190 
Stock-based compensation expense49  60 
Restructuring and other charges59  17 
Deferred taxes on earnings32  207 
Other, net128  63 
Changes in operating assets and liabilities, net of acquisitions:   
Accounts receivable(157) 81 
Inventory398  (386)
Accounts payable85  825 
Net investment in leases(27)  
Taxes on earnings(89) (1,123)
Restructuring and other(75) (43)
Other assets and liabilities 333     1,273  
Net cash provided by operating activities 1,667     2,343  
Cash flows from investing activities:      
Investment in property, plant and equipment (117 )   (172 )
Purchases of available-for-sale securities and other investments (230 )   (11 )
Maturities and sales of available-for-sale securities and other investments     17  
Collateral posted for derivative instruments (240 )    
Payment made in connection with business acquisition, net of cash acquired     (23 )
Net cash used in investing activities (587 )   (189 )
Cash flows from financing activities:      
Payment of short-term borrowings with original maturities less than 90 days, net (613 )    
Proceed from short-term borrowings with original maturities greater than 90 days 8      
Proceeds from debt, net of issuance costs 2,993     30  
Payment of debt (1,662 )   (66 )
Stock-based award activities and others 23     18  
Repurchase of common stock (953 )   (533 )
Cash dividends paid (251 )   (240 )
Net cash used in financing activities (455 )   (791 )
Increase in cash and cash equivalents 625     1,363  
Cash and cash equivalents at beginning of period 4,054     3,556  
Cash and cash equivalents at end of period $ 4,679     $ 4,919  

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »
Featured Video
Jobs
CAD Engineer for Nvidia at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise