HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts)
| Twelve months ended | |||||||
| October 31, 2022 | October 31, 2021 | ||||||
| Numerator: | |||||||
| GAAP net earnings | $ | 3,203 | $ | 6,503 | |||
| Non-GAAP net earnings | $ | 4,289 | $ | 4,620 | |||
| Denominator: | |||||||
| Weighted-average shares used to compute basic net earnings per share | 1,038 | 1,208 | |||||
| Dilutive effect of employee stock plans(a) | 12 | 12 | |||||
| Weighted-average shares used to compute diluted net earnings per share | 1,050 | 1,220 | |||||
| GAAP diluted net earnings per share | $ | 3.05 | $ | 5.33 | |||
| Non-GAAP diluted net earnings per share | $ | 4.08 | $ | 3.79 | |||
