| HP INC. AND SUBSIDIARIES
CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS (Unaudited) (In millions, except per share amounts) | |||||||
| Six months ended | |||||||
| April 30, 2022 | April 30, 2021 | ||||||
| Net revenue | $ | 33,518 | $ | 31,523 | |||
| Costs and expenses: | |||||||
| Cost of revenue | 26,800 | 24,759 | |||||
| Research and development | 843 | 985 | |||||
| Selling, general and administrative | 2,932 | 2,859 | |||||
| Restructuring and other charges | 150 | 160 | |||||
| Acquisition-related charges | 52 | 16 | |||||
| Amortization of intangible assets | 104 | 61 | |||||
| Total costs and expenses | 30,881 | 28,840 | |||||
| Earnings from operations | 2,637 | 2,683 | |||||
| Interest and other, net | (71 | ) | (51 | ) | |||
| Earnings before taxes | 2,566 | 2,632 | |||||
| Provision for taxes | (480 | ) | (336 | ) | |||
| Net earnings | $ | 2,086 | $ | 2,296 | |||
| Net earnings per share: | |||||||
| Basic | $ | 1.96 | $ | 1.82 | |||
| Diluted | $ | 1.94 | $ | 1.81 | |||
| Cash dividends declared per share | $ | 0.50 | $ | 0.39 | |||
| Weighted-average shares used to compute net earnings per share: | |||||||
| Basic | 1,066 | 1,260 | |||||
| Diluted | 1,078 | 1,270 | |||||
