HP Inc. Reports Fiscal 2022 Second Quarter Results


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

  As of
  April 30, 2022  October 31, 2021
ASSETS   
Current assets:   
Cash and cash equivalents$4,477  $4,299 
Accounts receivable, net 5,405   5,511 
Inventory 8,944   7,930 
Other current assets 4,689   4,430 
Total current assets 23,515   22,170 
Property, plant and equipment, net 2,613   2,546 
Goodwill 6,801   6,803 
Other non-current assets 6,972   7,091 
Total assets$39,901     $ 38,610  
       
LIABILITIES AND STOCKHOLDERS' DEFICIT      
Current liabilities:      
Notes payable and short-term borrowings $ 694     $ 1,106  
Accounts payable   17,004       16,075  
Other current liabilities   11,208       11,915  
Total current liabilities   28,906       29,096  
Long-term debt   8,304       6,386  
Other non-current liabilities   4,589       4,778  
Stockholders' deficit   (1,898 )     (1,650 )
Total liabilities and stockholders' deficit $ 39,901     $ 38,610  

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