HP Inc. Reports Fiscal 2018 First Quarter Results

                                                            
HP INC. AND SUBSIDIARIES
FISCAL 2016 SEGMENT INFORMATION (Revised)
(Unaudited)
(In millions)
                                                            
  REVISED AMOUNTS  AMOUNTS AS PREVIOUSLY REPORTED  CHANGE
   Three months ended  Twelve
months
ended
  Three months ended   Twelve
months
ended
  Three months ended  Twelve
months
ended
  Jan 31,
2016
  Apr 30,
2016
  July 31,
2016
  Oct 31,
2016
  Oct 31,
2016
  Jan 31,
2016
  Apr 30,
2016
  July 31,
2016
  Oct 31,
2016
  Oct 31,
2016
  Jan 31,
2016
  Apr 30,
2016
  July 31,
2016
  Oct 31,
2016
  Oct 31,
2016
Net revenue:(a)                                                           
                                                                                                                       
Personal Systems $ 7,467     $ 6,985     $ 7,511     $ 7,983     $ 29,946     $ 7,467     $ 6,990     $ 7,512     $ 8,018     $ 29,987     $     $ (5 )   $ (1 )   $ (35 )   $ (41 )
Printing 4,596     4,621     4,381     4,525     18,123     4,642     4,637     4,423     4,558     18,260     (46 )   (16 )   (42 )   (33 )   (137 )
Corporate Investments 3     3         1     7     3     3         1     7                      
Total segments 12,066     11,609     11,892     12,509     48,076     12,112     11,630     11,935     12,577     48,254     (46 )   (21 )   (43 )   (68 )   (178 )
Other 180     (21 )       3     162     134     (42 )   (43 )   (65 )   (16 )   46     21     43     68     178  
Total net revenue $ 12,246     $ 11,588     $ 11,892     $ 12,512     $ 48,238     $ 12,246     $ 11,588     $ 11,892     $ 12,512     $ 48,238     $     $     $     $     $  
                                                           
Earnings before taxes: (a)                                                          
                                                           
Personal Systems $ 229     $ 242     $ 334     $ 345     $ 1,150     $ 229     $ 242     $ 333     $ 346     $ 1,150     $     $     $ 1     $ (1 )   $  
Printing 780     801     900     633     3,114     787     801     903     637     3,128     (7 )       (3 )   (4 )   (14 )
Corporate Investments (23 )   (8 )   (35 )   (32 )   (98 )   (23 )   (8 )   (35 )   (32 )   (98 )                    
Total segments 986     1,035     1,199     946     4,166     993     1,035     1,201     951     4,180     (7 )       (2 )   (5 )   (14 )
                                                           
Corporate and unallocated costs and other (9 )   (88 )   (43 )   (34 )   (174 )   (16 )   (88 )   (45 )   (39 )   (188 )   7         2     5     14  
Stock-based compensation expense (61 )   (40 )   (39 )   (42 )   (182 )   (61 )   (40 )   (39 )   (42 )   (182 )                    
Restructuring and other charges (20 )   (100 )   (36 )   (49 )   (205 )   (20 )   (100 )   (36 )   (49 )   (205 )                    
Acquisition and other related charges             (7 )   (7 )               (7 )   (7 )                    
Amortization of intangible assets (8 )   (6 )   (2 )       (16 )   (8 )   (6 )   (2 )       (16 )                    
Non-operating retirement-related credits 40     40     38     28     146     40     40     38     28     146                      
Defined benefit plan settlement credits (expense)             (179 )   (179 )               (179 )   (179 )                    
Interest and other, net (94 )   (5 )   (36 )   347     212     (94 )   (5 )   (36 )   347     212                      
 Total earnings before taxes $ 834     $ 836     $ 1,081     $ 1,010     $ 3,761     $ 834     $ 836     $ 1,081     $ 1,010     $ 3,761     $     $     $     $     $  
                                                                                                                       

(a) Effective at the beginning of its first quarter of fiscal year 2018, HP implemented an organizational change to align its segment and business unit financial reporting more closely with its current business structure. The organizational change resulted in the transfer of a portion of long life consumables from Commercial to Supplies within the Printing segment. Certain revenues related to service arrangements, which are being eliminated for the purposes of reporting HP’s consolidated net revenue, have now been reclassified from Other to segments. HP has reflected this change to its segment and business unit information in prior reporting periods on an as-if basis. The reporting change had no impact to previously reported consolidated net revenue, earnings from operations, net earnings or net earnings per share.

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »



Review Article Be the first to review this article

Bentley: YII Going DigitalAwards2021

Featured Video
Jobs
Senior Highway Engineer for RS&H at Jacksonville, Florida
Architectural Project Manager for SERA Architects, Inc at Oakland, California
BIM Coordinator for Handel Architects LLP at San Francisco, California
Architectural Project Designer for SERA Architects, Inc at Oakland, California
Technical Sales Representative for Rulon International at Saint Augustine, Florida
Landscape Project Assist for SERA Architects, Inc at Oakland, California
Upcoming Events
DCW - Digital Construction Week at Excel London United Kingdom - May 19 - 20, 2021
World Architecture Festival at United States - Jun 23 - 25, 2021
ICSD 2021 : 9th International Conference on Sustainable Development, 8 - 9 September Rome, Italy at Roma Eventi, Pontifical Gregorian University Piazza della Pilotta, 4 Rome Rome Italy - Sep 8 - 9, 2021
Kenesto: 30 day trial
Digital Cities
CADalog.com - Countless CAD add-ons, plug-ins and more.



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise