Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

HP Inc., consolidated balance sheet: assets

US$ in millions

	Oct 31, 2018	Oct 31, 2017	Oct 31, 2016	Oct 31, 2015	Oct 31, 2014	Oct 31, 2013
Cash and cash equivalents	5,166)	6,997)	6,288)	17,433)	15,133)	12,163)
Accounts receivable, net	5,113)	4,414)	4,114)	13,363)	13,832)	15,876)
Financing receivables	—)	—)	—)	2,918)	2,946)	3,144)
Inventory	6,062)	5,786)	4,484)	6,485)	6,415)	6,046)
Value-added taxes receivable	865)	857)	795)	2,481)	2,169)	2,425)
Available-for-sale investments	711)	1,149)	—)	—)	—)	—)
Supplier and other receivables	2,025)	1,891)	1,700)	2,749)	2,378)	2,579)
Prepaid and other current assets	1,445)	1,224)	1,087)	4,116)	4,518)	4,238)
Deferred tax assets	—)	—)	—)	2,242)	2,754)	3,893)
Other current assets	5,046)	5,121)	3,582)	11,588)	11,819)	13,135)
Current assets	21,387)	22,318)	18,468)	51,787)	50,145)	50,364)
Property, plant and equipment	2,198)	1,878)	1,736)	11,090)	11,340)	11,463)
Goodwill	5,968)	5,622)	5,622)	32,941)	31,139)	31,124)
Intangible assets	—)	—)	—)	2,014)	2,128)	3,169)
Financing receivables, net	—)	—)	—)	3,676)	3,613)	3,878)
Tax indemnifications receivable	953)	1,695)	1,591)	—)	—)	—)
Deferred tax assets	2,431)	342)	254)	871)	740)	1,346)
Deferred costs	—)	—)	—)	742)	755)	999)
Other	1,685)	1,058)	1,339)	3,761)	3,346)	3,333)
Other non-current assets	5,069)	3,095)	3,184)	5,374)	4,841)	5,678)
Noncurrent assets	13,235)	10,595)	10,542)	55,095)	53,061)	55,312)
Total assets	34,622)	32,913)	29,010)	106,882)	103,206)	105,676)

Based on: 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-10-31), 10-K (reporting date: 2013-10-31).

Assets: Selected Items

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Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	HP Inc. current assets increased from 2016 to 2017 but then slightly decreased from 2017 to 2018.
Property, plant and equipment	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	HP Inc. property, plant and equipment increased from 2016 to 2017 and from 2017 to 2018.
Noncurrent assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	HP Inc. noncurrent assets increased from 2016 to 2017 and from 2017 to 2018.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	HP Inc. total assets increased from 2016 to 2017 and from 2017 to 2018.

Current Assets: Selected Items

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Balance sheet item	Description	The company
Cash and cash equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	HP Inc. cash and cash equivalents increased from 2016 to 2017 but then decreased significantly from 2017 to 2018.
Accounts receivable, net	Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.	HP Inc. accounts receivable, net increased from 2016 to 2017 and from 2017 to 2018.
Inventory	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	HP Inc. inventory increased from 2016 to 2017 and from 2017 to 2018.
Available-for-sale investments	Amount of investment in marketable security, classified as current.	HP Inc. available-for-sale investments increased from 2016 to 2017 but then slightly decreased from 2017 to 2018.

HP Inc. (NYSE:HPQ)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items