HP INC. AND SUBSIDIARIES
SEGMENT/BUSINESS UNIT INFORMATION
(Unaudited)
(In millions)
| Three months ended | Change (%) | ||||||||||||||||
| July 31, 2021 | April 30, 2021 | July 31, 2020 | Q/Q | Y/Y | |||||||||||||
| Net revenue: | |||||||||||||||||
| Notebooks | $ | 7,328 | $ | 7,489 | $ | 7,304 | (2)% | —% | |||||||||
| Desktops | 2,246 | 2,225 | 2,221 | 1% | 1% | ||||||||||||
| Workstations | 388 | 407 | 428 | (5)% | (9)% | ||||||||||||
| Other | 444 | 434 | 407 | 2% | 9% | ||||||||||||
| Personal Systems | 10,406 | 10,555 | 10,360 | (1)% | —% | ||||||||||||
| Supplies | 3,092 | 3,337 | 2,573 | (7)% | 20% | ||||||||||||
| Commercial | 1,070 | 1,085 | 732 | (1)% | 46% | ||||||||||||
| Consumer | 720 | 901 | 628 | (20)% | 15% | ||||||||||||
| Printing | 4,882 | 5,323 | 3,933 | (8)% | 24% | ||||||||||||
| Corporate Investments (a) | — | 1 | 1 | NM | NM | ||||||||||||
| Total segment net revenue | 15,288 | 15,879 | 14,294 | (4)% | 7% | ||||||||||||
| Other (a) | 1 | (2 | ) | — | NM | NM | |||||||||||
| Total net revenue | $ | 15,289 | $ | 15,877 | $ | 14,294 | (4)% | 7% | |||||||||
| Earnings before taxes: | |||||||||||||||||
| Personal Systems | $ | 869 | $ | 710 | $ | 570 | |||||||||||
| Printing | 857 | 951 | 480 | ||||||||||||||
| Corporate Investments | (20 | ) | (35 | ) | (15 | ) | |||||||||||
| Total segment earnings from operations | 1,706 | 1,626 | 1,035 | ||||||||||||||
| Corporate and unallocated cost and other | (134 | ) | (108 | ) | (108 | ) | |||||||||||
| Stock-based compensation expense | (69 | ) | (75 | ) | (49 | ) | |||||||||||
| Restructuring and other charges | (56 | ) | (39 | ) | (59 | ) | |||||||||||
| Acquisition-related charges | (24 | ) | (10 | ) | (11 | ) | |||||||||||
| Amortization of intangible assets | (42 | ) | (32 | ) | (29 | ) | |||||||||||
| Interest and other, net | (55 | ) | (26 | ) | (28 | ) | |||||||||||
| Total earnings before taxes | $ | 1,326 | $ | 1,336 | $ | 751 | |||||||||||
