HP revised its prior period financial statements for an accounting correction related to a revenue contract in the Personal Systems segment. The impact of these revisions was not material to HP’s previously filed financial statements. See "Notes to the Consolidated Condensed Financial Statements, “Note 1. Basis of Presentation” and "Note 14. Revision of Prior Period Financial Statements” included in the Quarterly Report on Form 10-Q for the quarter ended July 31, 2023, to be filed with the SEC. As a result of this, the Company is currently assessing the nature of any deficiency in its internal control over financial reporting. In connection with these revisions, the Company has also corrected the timing of other unrelated immaterial adjustments which were previously made in the periods the Company identified them.

HP INC. AND SUBSIDIARIES CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS (Unaudited) (In millions, except per share amounts)
	Nine months ended
	July 31, 2023				July 31, 2022
Net revenue	$	39,901			$	48,136
Costs and expenses:
Cost of revenue		31,378				38,564
Research and development		1,167				1,271
Selling, general and administrative		4,030				4,074
Restructuring and other charges		416				148
Acquisition and divestiture charges		206				84
Amortization of intangible assets		262				154
Russia exit charges		—				23
Total costs and expenses		37,459				44,318
Earnings from operations		2,442				3,818
Interest and other, net		(357	)			(141	)
Earnings before taxes		2,085				3,677
Benefit from (provision for) taxes		204				(522	)
Net earnings	$	2,289			$	3,155
Net earnings per share:
Basic	$	2.31			$	3.00
Diluted	$	2.29			$	2.97
Cash dividends declared per share	$	1.05			$	1.00
Weighted-average shares used to compute net earnings per share:
Basic		991				1,052
Diluted		999				1,064

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