HP Inc. Reports Fiscal 2021 Third Quarter Results


HP INC. AND SUBSIDIARIES
CONSOLIDATED CONDENSED BALANCE SHEETS
(Unaudited)
(In millions)

  As of
  July 31, 2021  October 31, 2020
ASSETS   
Current assets:   
Cash and cash equivalents$3,439  $4,864 
Accounts receivable, net4,908  5,381 
Inventory8,165  5,963 
Other current assets4,091  4,440 
Total current assets20,603  20,648 
Property, plant and equipment, net2,500  2,627 
Goodwill6,628  6,380 
Other non-current assets5,792  5,026 
Total assets$35,523  $34,681 
    
LIABILITIES AND STOCKHOLDERS' DEFICIT   
Current liabilities:   
Notes payable and short-term borrowings$214  $674  
Accounts payable 15,898     14,704  
Other current liabilities 11,555     10,842  
Total current liabilities 27,667     26,220  
Long-term debt 6,898     5,543  
Other non-current liabilities 4,900     5,146  
Stockholders' deficit (3,942 )   (2,228 )
Total liabilities and stockholders' deficit $ 35,523     $ 34,681  

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