HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts)
Twelve months ended | |||||||
October 31, 2022 | October 31, 2021 | ||||||
Numerator: | |||||||
GAAP net earnings | $ | 3,203 | $ | 6,503 | |||
Non-GAAP net earnings | $ | 4,289 | $ | 4,620 | |||
Denominator: | |||||||
Weighted-average shares used to compute basic net earnings per share | 1,038 | 1,208 | |||||
Dilutive effect of employee stock plans(a) | 12 | 12 | |||||
Weighted-average shares used to compute diluted net earnings per share | 1,050 | 1,220 | |||||
GAAP diluted net earnings per share | $ | 3.05 | $ | 5.33 | |||
Non-GAAP diluted net earnings per share | $ | 4.08 | $ | 3.79 |