HP Inc. Reports Fiscal 2017 Third Quarter Results
| | | | | HP INC. AND SUBSIDIARIES
CONSOLIDATED CONDENSED BALANCE SHEETS
(Unaudited)
(In millions) | | | | | | | | | |
As of | | | | |
July 31, 2017 | | | |
October 31, 2016 | | ASSETS | | | | | | | | | Current assets: | | | | | | | | | Cash and cash equivalents | | | $ | 6,967 | | | | | $ | 6,288 | | | Accounts receivable | | | 4,233 | | | | | 4,114 | | | Inventory | | | 5,184 | | | | | 4,484 | | | Other current assets | | | 5,059 | | | | | 3,582 | | | Total current assets | | | 21,443 | | | | | 18,468 | | | Property, plant and equipment | | | 1,707 | | | | | 1,736 | | | Goodwill | | | 5,622 | | | | | 5,622 | | | Other non-current assets(a) | | | 3,162 | | | | | 3,161 | | | Total assets | | | $ | 31,934 | | | | | $ | 28,987 | | | | | | | | | | | | LIABILITIES AND STOCKHOLDERS' DEFICIT | | | | | | | | | Current liabilities: | | | | | | | | | Notes payable and short-term borrowings | | | $ | 1,062 | | | | | $ | 78 | | | Accounts payable | | | 12,804 | | | | | 11,103 | | | Employee compensation and benefits | | | 766 | | | | | 759 | | | Taxes on earnings | | | 199 | | | | | 231 | | | Deferred revenue | | | 997 | | | | | 919 | | | Other accrued liabilities | | | 6,232 | | | | | 5,718 | | | Total current liabilities | | | 22,060 | | | | | 18,808 | | | Long-term debt(a) | | | 6,744 | | | | | 6,735 | | | Other non-current liabilities | | | 7,469 | | | | | 7,333 | | | Stockholders' deficit | | | (4,339 | ) | | | | (3,889 | ) | | Total liabilities and stockholders' deficit | | | $ | 31,934 | | | | | $ | 28,987 | |
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