| HP INC. AND SUBSIDIARIES
SEGMENT/BUSINESS UNIT INFORMATION (Unaudited) (In millions) |
| Three months ended | Change (%) | |||||||||||||||
| January 31, 2023 | October 31, 2022 | January 31, 2022 | Q/Q | Y/Y | ||||||||||||
| Net revenue: | ||||||||||||||||
| Commercial PS | $ | 6,429 | $ | 7,026 | $ | 7,857 | (8)% | (18)% | ||||||||
| Consumer PS | 2,786 | 3,241 | 4,339 | (14)% | (36)% | |||||||||||
| Personal Systems(a) | 9,215 | 10,267 | 12,196 | (10)% | (24)% | |||||||||||
| Supplies | 2,857 | 2,748 | 3,068 | 4 % | (7)% | |||||||||||
| Commercial Printing | 1,056 | 1,108 | 1,039 | (5)% | 2 % | |||||||||||
| Consumer Printing | 699 | 677 | 724 | 3 % | (3)% | |||||||||||
| Printing | 4,612 | 4,533 | 4,831 | 2 % | (5)% | |||||||||||
| Corporate Investments (c) | 1 | 1 | 1 | NM | NM | |||||||||||
| Total segment net revenue | 13,828 | 14,801 | 17,028 | (7)% | (19)% | |||||||||||
| Other (c) | — | — | — | NM | NM | |||||||||||
| Total net revenue | $ | 13,828 | $ | 14,801 | $ | 17,028 | (7)% | (19)% | ||||||||
| Earnings before taxes: (b) | ||||||||||||||||
| Personal Systems | $ | 497 | $ | 455 | $ | 954 | ||||||||||
| Printing | 870 | 894 | 872 | |||||||||||||
| Corporate Investments | (33 | ) | (46 | ) | (74 | ) | ||||||||||
| Total segment earnings from operations | 1,334 | 1,303 | 1,752 | |||||||||||||
| Corporate and unallocated cost and other | (92 | ) | (87 | ) | (120 | ) | ||||||||||
| Stock-based compensation expense | (167 | ) | (70 | ) | (133 | ) | ||||||||||
| Restructuring and other charges | (141 | ) | (70 | ) | (68 | ) | ||||||||||
| Acquisition and divestiture charges | (84 | ) | (235 | ) | (20 | ) | ||||||||||
| Amortization of intangible assets | (85 | ) | (74 | ) | (52 | ) | ||||||||||
| Interest and other, net | (181 | ) | (94 | ) | (32 | ) | ||||||||||
| Total earnings before taxes | $ | 584 | $ | 673 | $ | 1,327 | ||||||||||
