Balance Sheet: Liabilities and Stockholders’ Equity

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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

HP Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

	Oct 31, 2018	Oct 31, 2017	Oct 31, 2016	Oct 31, 2015	Oct 31, 2014	Oct 31, 2013
Notes payable and short-term borrowings	1,463)	1,072)	78)	2,885)	3,486)	5,979)
Accounts payable	14,816)	13,279)	11,103)	15,956)	15,903)	14,019)
Employee compensation and benefits	1,136)	894)	759)	3,608)	4,209)	4,436)
Taxes on earnings	340)	214)	231)	830)	1,017)	1,203)
Accrued restructuring	—)	—)	—)	689)	898)	901)
Other accrued taxes	982)	895)	755)	2,371)	2,269)	2,703)
Warranty	673)	660)	729)	1,147)	1,325)	1,390)
Deferred revenue	1,095)	1,012)	919)	6,199)	6,143)	6,477)
Sales and marketing programs	2,758)	2,441)	2,312)	3,089)	2,986)	2,823)
Other	1,868)	1,945)	1,922)	5,417)	5,499)	5,590)
Other accrued liabilities	7,376)	6,953)	6,637)	18,223)	18,222)	18,983)
Current liabilities	25,131)	22,412)	18,808)	42,191)	43,735)	45,521)
Long-term debt, excluding current portion	4,524)	6,747)	6,758)	21,780)	16,039)	16,608)
Pension, post-retirement, and post-employment liabilities	1,645)	1,999)	2,705)	5,630)	6,379)	5,098)
Deferred tax liability	100)	1,410)	1,116)	295)	1,124)	2,668)
Tax liability	2,063)	2,005)	1,910)	2,593)	2,861)	2,213)
Deferred revenue	1,005)	921)	865)	4,373)	3,931)	3,907)
Other	793)	827)	737)	1,869)	2,010)	2,005)
Other non-current liabilities	5,606)	7,162)	7,333)	14,760)	16,305)	15,891)
Non-current liabilities	10,130)	13,909)	14,091)	36,540)	32,344)	32,499)
Total liabilities	35,261)	36,321)	32,899)	78,731)	76,079)	78,020)
Preferred stock, $0.01 par value; none issued	—)	—)	—)	—)	—)	—)
Common stock, $0.01 par value	16)	16)	17)	18)	18)	19)
Additional paid-in capital	663)	380)	1,030)	1,963)	3,430)	5,465)
Retained earnings (accumulated deficit)	(473)	(2,386)	(3,498)	32,089)	29,164)	25,563)
Accumulated other comprehensive loss	(845)	(1,418)	(1,438)	(6,302)	(5,881)	(3,778)
Total HP stockholders’ equity (deficit)	(639)	(3,408)	(3,889)	27,768)	26,731)	27,269)
Non-controlling interests	—)	—)	—)	383)	396)	387)
Total stockholders’ equity (deficit)	(639)	(3,408)	(3,889)	28,151)	27,127)	27,656)
Total liabilities and stockholders’ equity (deficit)	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).

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Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	HP Inc. current liabilities increased from 2016 to 2017 and from 2017 to 2018.
Non-current liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	HP Inc. non-current liabilities decreased from 2016 to 2017 and from 2017 to 2018.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	HP Inc. total liabilities increased from 2016 to 2017 but then slightly decreased from 2017 to 2018.
Total HP stockholders’ equity (deficit)	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	HP Inc. total HP stockholders’ equity (deficit) increased from 2016 to 2017 and from 2017 to 2018.

HP Inc. (NYSE:HPQ)

Balance Sheet: Liabilities and Stockholders’ Equity