Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Hewlett Packard Enterprise Co., consolidated cash flow statement

US$ in millions

12 months ended:	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020	Oct 31, 2019	Oct 31, 2018
Net earnings (loss) attributable to HPE	2,025)	868)	3,427)	(322)	1,049)	1,908)
Depreciation and amortization	2,616)	2,480)	2,597)	2,625)	2,535)	2,576)
Impairment of goodwill	—)	905)	—)	865)	—)	88)
Stock-based compensation expense	428)	391)	382)	274)	268)	286)
Provision for inventory and doubtful accounts	230)	262)	176)	308)	240)	198)
Restructuring charges	242)	214)	620)	769)	221)	550)
Deferred taxes on earnings	(67)	(249)	(167)	(294)	1,079)	2,229)
Earnings from equity interests	(245)	(215)	(180)	(67)	(20)	(38)
Dividends received from equity investees	200)	197)	184)	165)	156)	164)
Other, net	31)	310)	202)	163)	204)	(158)
Accounts receivable	577)	(186)	(591)	(461)	374)	(220)
Financing receivables	(607)	694)	(165)	(487)	(410)	(366)
Inventory	400)	(713)	(1,959)	(527)	46)	(260)
Accounts payable	(1,655)	1,707)	1,608)	(225)	(525)	(27)
Taxes on earnings	(34)	150)	(73)	(122)	(1,093)	(4,516)
Restructuring	(275)	(334)	(527)	(478)	(331)	(647)
Other assets and liabilities	562)	(1,888)	337)	54)	204)	1,197)
Changes in operating assets and liabilities, net of acquisitions	(1,032)	(570)	(1,370)	(2,246)	(1,735)	(4,839)
Adjustments to reconcile net Net earnings (loss) attributable to HPE to net cash provided by operating activities	2,403)	3,725)	2,444)	2,562)	2,948)	1,056)
Net cash provided by operating activities	4,428)	4,593)	5,871)	2,240)	3,997)	2,964)
Investment in property, plant and equipment	(2,828)	(3,122)	(2,502)	(2,383)	(2,856)	(2,956)
Proceeds from sale of property, plant and equipment	602)	602)	354)	703)	597)	1,094)
Purchases of investments	(15)	(55)	(60)	(101)	(39)	(33)
Proceeds from maturities and sales of investments	9)	262)	15)	48)	26)	98)
Financial collateral posted	(1,443)	(148)	(903)	(644)	(403)	(1,547)
Financial collateral received	1,152)	374)	805)	665)	744)	1,467)
Payments made in connection with business acquisitions, net of cash acquired	(761)	—)	(505)	(866)	(1,526)	(207)
Proceeds from business divestitures, net	—)	—)	—)	—)	—)	13)
Net cash used in investing activities	(3,284)	(2,087)	(2,796)	(2,578)	(3,457)	(2,071)
Short-term borrowings with original maturities less than 90 days, net	(47)	100)	(36)	(9)	(53)	5)
Proceeds from debt, net of issuance costs	4,725)	3,296)	3,022)	7,007)	3,517)	2,457)
Payment of debt	(4,887)	(3,992)	(5,465)	(5,099)	(2,203)	(4,138)
Cash settlement for derivative hedging debt	(7)	(8)	—)	—)	—)	—)
Net proceeds (payments) related to stock-based award activities	(106)	(53)	(29)	(36)	48)	116)
Repurchase of common stock	(421)	(512)	(213)	(355)	(2,249)	(3,568)
Net transfer of cash and cash equivalents to Everett	—)	—)	—)	—)	—)	(41)
Net transfer of cash and cash equivalents from Seattle	—)	—)	—)	—)	—)	156)
Cash dividends paid to non-controlling interests, net of contributions	—)	(6)	(18)	(7)	—)	(9)
Cash dividends paid to shareholders	(619)	(621)	(625)	(618)	(608)	(570)
Net cash provided by (used in) financing activities	(1,362)	(1,796)	(3,364)	883)	(1,548)	(5,592)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	36)	(279)	—)	—)	—)	—)
Increase (decrease) in cash, cash equivalents and restricted cash	(182)	431)	(289)	545)	(1,008)	(4,699)
Cash, cash equivalents and restricted cash at beginning of period	4,763)	4,332)	4,621)	4,076)	5,084)	9,579)
Cash, cash equivalents and restricted cash at end of period	4,581)	4,763)	4,332)	4,621)	4,076)	4,880)

Based on: 10-K (reporting date: 2023-10-31), 10-K (reporting date: 2022-10-31), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-31), 10-K (reporting date: 2019-10-31), 10-K (reporting date: 2018-10-31).

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Cash flow statement item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Hewlett Packard Enterprise Co. net cash provided by operating activities decreased from 2021 to 2022 and from 2022 to 2023.
Net cash used in investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Hewlett Packard Enterprise Co. net cash used in investing activities increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Net cash provided by (used in) financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Hewlett Packard Enterprise Co. net cash provided by (used in) financing activities increased from 2021 to 2022 and from 2022 to 2023.

Hewlett Packard Enterprise Co. (NYSE:HPE)

Cash Flow Statement