v3.25.1

Consolidated Condensed Balance Sheets (Unaudited) - USD ($) $ in Millions	Apr. 30, 2025	Oct. 31, 2024
Current assets:
Cash, cash equivalents and restricted cash	$ 2,730	$ 3,253
Accounts receivable, net of allowance for credit losses of $85 and $83, as of April 30, 2025 and October 31, 2024, respectively	4,336	5,117
Inventory	8,175	7,720
Other current assets	4,217	4,670
Total current assets	19,458	20,760
Property, plant and equipment, net	2,951	2,914
Goodwill	8,713	8,627
Other non-current assets	7,677	7,608
Total assets	38,799	39,909
Current liabilities:
Notes payable and short-term borrowings	1,446	1,406
Accounts payable	15,195	16,903
Other current liabilities	9,915	10,378
Total current liabilities	26,556	28,687
Long-term debt	9,291	8,263
Other non-current liabilities	4,228	4,282
Stockholders’ deficit:
Preferred stock, $0.01 par value (300 shares authorized; none issued)	0	0
Common stock, $0.01 par value (9,600 shares authorized; 942 and 939 shares issued and outstanding as of April 30, 2025 and October 31, 2024, respectively)	9	9
Additional paid-in capital	1,999	1,778
Accumulated deficit	(2,441)	(2,676)
Accumulated other comprehensive loss	(843)	(434)
Total stockholders’ deficit	(1,276)	(1,323)
Total liabilities and stockholders’ deficit	$ 38,799	$ 39,909

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

HP INC 10-Q