HP Inc. Reports Fiscal 2021 Second Quarter Results

(a) Includes tax impact on non-GAAP adjustments.



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

  As of
  April 30, 2021  October 31, 2020
ASSETS   
Current assets:   
Cash and cash equivalents$3,424  $4,864 
Accounts receivable, net4,990  5,381 
Inventory7,502  5,963 
Other current assets4,175  4,440 
Total current assets20,091  20,648 
Property, plant and equipment, net2,538  2,627 
Goodwill6,524  6,380 
Other non-current assets5,396  5,026 
Total assets$34,549  $34,681 
      
LIABILITIES AND STOCKHOLDERS' DEFICIT     
Current liabilities:     
Notes payable and short-term borrowings$1,222  $674 
Accounts payable15,228  14,704 
Other current liabilities11,579  10,842 
Total current liabilities28,029  26,220 
Long-term debt4,917  5,543 
Other non-current liabilities4,963    5,146  
Stockholders' deficit (3,360)     (2,228)  
Total liabilities and stockholders' deficit $ 34,549     $ 34,681  



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