HP Inc. Reports Fiscal 2020 First Quarter Results

 
HP INC. AND SUBSIDIARIES
CONSOLIDATED CONDENSED BALANCE SHEETS
(Unaudited)
(In millions)
 
  As of
  January 31, 2020  October 31, 2019
ASSETS   
Current assets:   
Cash and cash equivalents$4,205  $4,537 
Accounts receivable, net4,857  6,031 
Inventory4,946  5,734 
Other current assets3,469  3,875 
Total current assets17,477  20,177 
Property, plant and equipment, net2,756  2,794 
Goodwill6,387  6,372 
Other non-current assets5,036  4,124 
Total assets$31,656  $33,467 
    
LIABILITIES AND STOCKHOLDERS' DEFICIT   
Current liabilities:   
Notes payable and short-term borrowings$923  $357 
Accounts payable12,808  14,793 
Other current liabilities10,136  10,143 
Total current liabilities23,867    25,293  
Long-term debt 3,932     4,780  
Other non-current liabilities 5,491     4,587  
Stockholders' deficit (1,634 )   (1,193 )
Total liabilities and stockholders' deficit $ 31,656     $ 33,467  



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