HPQ 10-K Annual Report Oct. 31, 2020 | Alphaminr

HPQ 10-K Fiscal year ended Oct. 31, 2020

HP INC
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TABLE OF CONTENTS
Part IItem 1. BusinessItem 1A. Risk FactorsItem 1B. Unresolved Staff CommentsItem 2. PropertiesItem 3. Legal ProceedingsItem 4. Mine Safety DisclosuresPart IIItem 5. Market For Registrant S Common Equity, Related Stockholder Matters and Issuer Purchases Of Equity SecuritiesItem 6. Selected Financial DataItem 7. Management S Discussion and Analysis Of Financial Condition and Results Of OperationsItem 7A. Quantitative and Qualitative Disclosures About Market RiskItem 8. Financial Statements and Supplementary DataNote 1: Summary Of Significant Accounting PoliciesNote 1: Summary Of Significant Accounting Policies (continued)Note 2: Segment InformationNote 2: Segment Information (continued)Note 3: Restructuring and Other ChargesNote 4: Retirement and Post-retirement Benefit PlansNote 4: Retirement and Post-retirement Benefit Plans (continued)Note 5: Stock-based CompensationNote 5: Stock-based Compensation (continued)Note 6: Taxes on EarningsNote 6: Taxes on Earnings (continued)Note 7: Supplementary Financial InformationNote 7: Supplementary Financial Information (continued)Note 8: Goodwill and Intangible AssetsNote 9: Fair ValueNote 9: Fair Value (continued)Note 10: Financial InstrumentsNote 10: Financial Instruments (continued)Note 11: BorrowingsNote 11: Borrowings (continued)Note 12: Stockholders DeficitNote 12: Stockholders Deficit (continued)Note 13: Earnings Per ShareNote 14: Litigation and ContingenciesNote 14: Litigation and Contingencies (continued)Note 15: Guarantees, Indemnifications and WarrantiesNote 15: Guarantees, Indemnifications and Warranties (continued)Note 16: CommitmentsNote 17: LeasesNote 17: Leases (continued)Note 18: AcquisitionsItem 9. Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem 9A. Controls and ProceduresItem 9B. Other InformationPart IIIItem 10. Directors, Executive Officers and Corporate GovernanceItem 11. Executive CompensationItem 12. Security Ownership Of Certain Beneficial Owners and Management and Related Stockholder MattersItem 13. Certain Relationships and Related Transactions, and Director IndependenceItem 14. Principal Accounting Fees and ServicesPart IVItem 15. Exhibits and Financial Statement SchedulesItem 16. Form 10-k Summary

Exhibits

2(a) Separation and Distribution Agreement, dated as of October31, 2015, by and among Hewlett-Packard Company, Hewlett Packard Enterprise Company and the Other Parties Thereto.** 8-K 001-04423 2.1 November 5, 2015 2(b) Transition Services Agreement, dated as of November1, 2015, by and between Hewlett-Packard Company and Hewlett Packard Enterprise Company.** 8-K 001-04423 2.2 November 5, 2015 2(d) Employee Matters Agreement, dated as of October31, 2015, by and between Hewlett-Packard Company and Hewlett Packard Enterprise Company.** 8-K 001-04423 2.4 November 5, 2015 3(a) Registrants Certificate of Incorporation. 10-Q 001-04423 3(a) June 12, 1998 3(c) Registrants Certificate of Amendment to the Certificate of Incorporation. 8-K 001-04423 3.2 October 22, 2015 3(d) Registrants Certificate of Amendment to the Certificate of Incorporation. 8-K 001-04423 3.1 April 7, 2016 3(e) Registrants Amended and Restated Bylaws. 8-K 001-04423 3.1 February 13, 2019 3(f) Certificate of Designations of Series A Junior Participating Preferred Stock of HP Inc. 8-K 001-04423 3.1 February 20, 2020 4(a) Form of Senior Indenture S-3 333-215116 4.1 December 15, 2016 4(b) Form of Subordinated Indenture. S-3 333-21516 4.2 December 15, 2016 4(c) Form of Registrants 3.750% Global Note due December1, 2020 and form of related Officers Certificate. 8-K 001-04423 4.2and4.3 December 2, 2010 4(d) Form of Registrants 4.300% Global Note due June1, 2021 and form of related Officers Certificate. 8-K 001-04423 4.5and4.6 June 1, 2011 4(e) Form of Registrants 4.375% Global Note due September15, 2021 and 6.000% Global Note due September15, 2041 and form of related Officers Certificate. 8-K 001-04423 4.4,4.5and4.6 September 19, 2011 4(f) Form of Registrants 4.650% Global Note due December9, 2021 and related Officers Certificate. 8-K 001-04423 4.3and4.4 December 12, 2011 4(g) Form of Registrants 4.050% Global Note due September15, 2022 and related Officers Certificate. 8-K 001-04423 4.2and4.3 March 12, 2012 4(h) Specimen certificate for the Registrants common stock. 8-A/A 001-04423 4.1 June 23, 2006 4(i) First Supplemental Indenture, dated as of March 26, 2018, to the Indenture, dated as of June 1, 2000, by and between the Registrant and The Bank of New York Mellon Trust Company, N.A. 10-Q 001-04423 4(j) June 5, 2018 4(j) Description of HP Inc.s securities. 10-K 001-04423 4(j) December 12, 2019 4(k) Rights Agreement, dated as of February 20, 2020, between HP Inc. and Equiniti Trust Company, as rights agent, which includes the form of Right Certificate as Exhibit B and the Summary of Rights to Purchase Preferred Shares as Exhibit C. 8-K 001-04423 4.1 February 20, 2020 4(l) First Amendment to Rights Agreement, dated as of June 25, 2020, between HP Inc. and Equiniti Trust Company, as rights agent. 8-K 001-04423 4.1 June 26, 2020 4(m) Indenture, dated as of June 17, 2020, between HP Inc. and The Bank of New York Mellon Trust Company, N.A., as trustee. 8-K 001-04423 4.1 June 17, 2020 4(n) Form of 2.200% notes due 2025 and related Officers Certificate. 8-K 001-04423 4.2and4.5 June 17, 2020 4(o) Form of 3.000% notes due 2027 and related Officers Certificate. 8-K 001-04423 4.3and4.5 June 17, 2020 4(p) Form of 3.400% notes due 2030 and related Officers Certificate. 8-K 001-04423 4.4and4.5 June 17, 2020 10(a) Registrants 2004 Stock Incentive Plan.* S-8 333-114253 4.1 April 7, 2004 10(b) Registrants Excess Benefit Retirement Plan, amended and restated as of January1, 2006.* 8-K 001-04423 10.2 September 21, 2006 10(c) Hewlett-Packard Company Cash Account Restoration Plan, amended and restated as of January1, 2005.* 8-K 001-04423 99.3 November 23, 2005 10(d) Registrants 2005 Pay-for-Results Plan, as amended.* 10-K 001-04423 10(h) December 14, 2011 10(e) Registrants Executive Severance Agreement.* 10-Q 001-04423 10(u)(u) June 13, 2002 10(f) Registrants Executive Officers Severance Agreement.* 10-Q 001-04423 10(v)(v) June 13, 2002 10(g) Form letter regarding severance offset for restricted stock and restricted units.* 8-K 001-04423 10.2 March 22, 2005 10(h) Form of Agreement Regarding Confidential Information and Proprietary Developments (California).* 8-K 001-04423 10.2 January 24, 2008 10(i) Form of Agreement Regarding Confidential Information and Proprietary Developments (Texas).* 10-Q 001-04423 10(o)(o) March 10, 2008 10(j) Form of Stock Option Agreement for Registrants 2004 Stock Incentive Plan.* 10-Q 001-04423 10(p)(p) March 10, 2008 10(k) Form of Option Agreement for Registrants 2000 Stock Plan.* 10-Q 001-04423 10(t)(t) June6, 2008 10(1) Form of Common Stock Payment Agreement for Registrants 2000 Stock Plan.* 10-Q 001-04423 10(u)(u) June 6, 2008 10(m) Form of Stock Notification and Award Agreement for awards of non-qualified stock options.* 10-K 001-04423 10(y)(y) December 18, 2008 10(n) First Amendment to the Hewlett-Packard Company Excess Benefit Retirement Plan.* 10-Q 001-04423 10(b)(b)(b) March 10, 2009 10(o) Form of Stock Notification and Award Agreement for awards of non-qualified stock options.* 10-K 001-04423 10(i)(i)(i) December 15, 2010 10(p) Form of Agreement Regarding Confidential Information and Proprietary Developments (Californianew hires).* 10-K 001-04423 10(j)(j)(j) December 15, 2010 10(q) Form of Agreement Regarding Confidential Information and Proprietary Developments (Californiacurrent employees).* 10-K 001-04423 10(k)(k)(k) December 15, 2010 10(r) Second Amended and Restated Hewlett-Packard Company 2004 Stock Incentive Plan, as amended effective February28, 2013.* 8-K 001-04423 10.2 March 21, 2013 10(s) Form of Stock Notification and Award Agreement for awards of restricted stock units.* 10-Q 001-04423 10(u)(u) March 11, 2014 10(t) Form of Stock Notification and Award Agreement for awards of foreign stock appreciation rights.* 10-Q 001-04423 10(v)(v) March 11, 2014 10(u) Form of Stock Notification and Award Agreement for long-term cash awards.* 10-Q 001-04423 10(w)(w) March 11, 2014 10(v) Form of Stock Notification and Award Agreement for awards of non-qualified stock options.* 10-Q 001-04423 10(x)(x) March 11, 2014 10(w) Form of Grant Agreement for grants of performance-adjusted restricted stock units.* 10-Q 001-04423 10(y)(y) March 11, 2014 10(x) Form of Stock Notification and Award Agreement for awards of restricted stock.* 10-Q 001-04423 10(z)(z) March 11, 2014 10(y) Form of Stock Notification and Award Agreement for awards of performance-contingent non-qualified stock options.* 10-Q 001-04423 10(a)(a)(a) March 11, 2014 10(z) Form of Grant Agreement for grants of performance-contingent non-qualified stock options.* 10-Q 001-04423 10(b)(b)(b) March 11, 2014 10(a)(a) Form of Grant Agreement for grants of restricted stock units.* 10-Q 001-04423 10(c)(c)(c) March 11, 2015 10(b)(b) Form of Grant Agreement for grants of foreign stock appreciation rights.* 10-Q 001-04423 10(d)(d)(d) March 11, 2015 10(c)(c) Form of Grant Agreement for grants of long-term cash awards.* 10-Q 001-04423 10(e)(e)(e) March 11, 2015 10(d)(d) Form of Grant Agreement for grants of non-qualified stock options.* 10-Q 001-04423 10(f)(f)(f) March 11, 2015 10(e)(e) Form of Grant Agreement for grants of performance-adjusted restricted stock units.* 10-Q 001-04423 10(g)(g)(g) March 11, 2015 10(f)(f) Form of Grant Agreement for grants of restricted stock awards.* 10-Q 001-04423 10(h)(h)(h) March 11, 2015 10(g)(g) Form of Grant Agreement for grants of performance-contingent non-qualified stock options.* 10-Q 001-04423 10(i)(i)(i) March 11, 2015 10(h)(h) Term Loan Agreement, dated as of April 30, 2015, among the Registrant, the lenders named therein and JPMorgan Chase Bank, N.A., as administrative agent. 10-Q 001-04423 10(b)(b)(b) June 8, 2015 10(i)(i) Amendment, dated as of June 1, 2015, to the Term Loan Agreement, dated as of April 30, 2015, among the Registrant, the lenders named therein and JPMorgan Chase Bank, N.A., as administrative agent. 10-Q 001-04423 10(c)(c)(c) June 8, 2015 10(j)(j) Second Amended and Restated Five-Year Credit Agreement, dated as of April 2, 2014, as Amended and Restated as of November 1, 2015, among the Registrant, the lenders named therein and Citibank, N.A., as administrative processing agent and co-administrative agent, and JPMorgan Chase Bank, N.A., as co-administrative agent.** 10-Q 001-04423 10.(j)(j) June 5, 2018 10(k)(k) Amendment No. 1, dated March 1, 2019 to Second Amended and Restated Five-Year Credit Agreement, dated as of April 2, 2014, as Amended and Restated as of November 1, 2015, as further Amended and Restated as of March 30, 2018, among the Registrant, the lenders named therein and Citibank, N.A., as administrative processing agent and co-administrative agent, and JPMorgan Chase Bank, N.A., as co-administrative agent. 10-Q 001-04423 10(k)(k) March 5, 2019 10(l)(l) Form of Grant Agreement for grants of foreign stock appreciation rights.* 10-K 001-04423 10(e)(e)(e) December 16, 2015 10(m)(m) Form of Grant Agreement for grants of performance-contingent non-qualified stock options.* 10-K 001-04423 10(f)(f)(f) December16, 2015 10(n)(n) Form of Grant Agreement for grants of non-qualified stock options.* 10-K 001-04423 10(g)(g)(g) December 16, 2015 10(o)(o) Registrants 2005 Executive Deferred Compensation Plan, amended and restated effective November1,2017.* 10-K/A 001-04423 10(n)(n) December 15, 2017 10(p)(p) Registrants Severance and Long-Term Incentive Change in Control Plan for Executive Officers, amended and restated effective February 28, 2020.* 10-Q 001-04423 10(p)(p) March 5, 2020 10(q)(q) Form of Stock Notification and Award Agreement for awards of performance-contingent non-qualified stock options (launch grant).* 10-Q 001-04423 10(p)(p) March 3, 2016 10(r)(r) Form of Stock Notification and Award Agreement for awards of restricted stock units (launch grant).* 10-Q 001-04423 10(q)(q) March 3, 2016 10(s)(s) Form of Stock Notification and Award Agreement for awards of restricted stock units.* 10-Q 001-04423 10(r)(r) March 3, 2016 10(t)(t) Form of Stock Notification and Award Agreement for awards of performance-adjusted restricted stock units.* 10-Q 001-04423 10(s)(s) March 3, 2016 10(u)(u) Form of Amendment to Award Agreements for awards of restricted stock units or performance-adjusted restricted stock units, effective January1, 2016.* 10-Q 001-04423 10(t)(t) March 3, 2016 10(v)(v) First Amendment to Severance and Long-Term Incentive Change in Control Plan for Executive Officers, as amended and restated effective November 1, 2015.* 10-K 001-04423 10(u)(u) December 15, 2016 10(w)(w) Second Amendment to Severance and Long-Term Incentive Change in Control Plan for Executive Officers, as amended and restated effective November 1, 2015.* 10-Q 001-04423 10(v)(v) March 2, 2017 10(x)(x) 2017 Amendment to the Hewlett-Packard Company Cash Account Restoration Plan.* 10-Q 001-04423 10(w)(w) March 2, 2017 10(y)(y) Second Amendment to the Hewlett-Packard Company Excess Benefit Retirement Plan.* 10-Q 001-04423 10(x)(x) March 2, 2017 10(z)(z) Second Amended and Restated HP Inc. 2004 Stock Incentive Plan, as amended and restated effective January 23, 2017.* 10-Q 001-04423 10(y)(y) March 2, 2017 10(a)(a)(a) Form of Grant Agreement for grants of performance-adjusted restricted stock units (for use from November 1, 2016).* 10-Q 001-04423 10(z)(z) March 2, 2017 10(b)(b)(b) Form of Grant Agreement for grants of restricted stock units (for use from November 1, 2016).* 10-Q 001-04423 10(a)(a)(a) March 2, 2017 10(c)(c)(c) Second Amended and Restated HP Inc. 2004 Stock Incentive Plan (as amended effective January 29, 2018).* 10-Q 001-04423 10(b)(b)(b) March 1, 2018 10(d)(d)(d) Form of Grant Agreement for grants of restricted stock units (for use from November 1, 2017).* 10-Q 001-04423 10(c)(c)(c) March 1, 2018 10(e)(e)(e) Form of Grant Agreement for grants of performance-adjusted restricted stock units (for use from November 1, 2017).* 10-Q 001-04423 10(d)(d)(d) March 1, 2018 10(f)(f)(f) Form of Grant Agreement for grants of restricted stock units for directors (for use from November 1, 2017).* 10-Q 001-04423 10(e)(e)(e) March 1, 2018 10(g)(g)(g) Form of Grant Agreement for grants of stock options for directors (for use from November 1, 2017).* 10-Q 001-04423 10(f)(f)(f) March 1, 2018 10(h)(h)(h) Form of Grant Agreement for grants of restricted stock units (for use from November 1, 2018).* 10-K 001-04423 10(g)(g)(g) December 13, 2018 10(i)(i)(i) Form of Grant Agreement for grants of performance-adjusted restricted stock units (for use from November 1, 2018).* 10-K 001-04423 10(h)(h)(h) December 13, 2018 10(j)(j)(j) Form of Grant Agreement for grants of stock options for directors (for use from November 1, 2018).* 10-Q 001-04423 10.(j)(j)(j) March 5, 2019 10(k)(k)(k) Form of Grant Agreement for grants of restricted stock units for directors (for use from November 1, 2018).* 10-Q 001-04423 10.(k)(k)(k) March 5, 2019 10(l)(l)(l) Form of Grant Agreement for grants of restricted stock units (for use from July 1, 2019).* 10-Q 001-04423 10.(l)(l)(l) August 29, 2019 10(m)(m)(m) Form of Grant Agreement for grants of non-qualified stock options.* 10-K 001-04423 10(m)(m)(m) December 12, 2019 10(n)(n)(n) Form of Retention Grant Agreement for grants of non-qualified stock options.* 10-K 001-04423 10(n)(n)(n) December 12, 2019 10(o)(o)(o) Form of Grant Agreement for grants of stock options for directors (for use from January 15, 2020).* 10-Q 001-04423 10(m)(m)(m) March 5, 2020 10(p)(p)(p) Form of Grant Agreement for grants of restricted stock units for directors (for use from January 15, 2020).* 10-Q 001-04423 10(n)(n)(n) March 5, 2020 10(q)(q)(q) Form of Retention Grant Agreement for grants of restricted stock units (for use from November 1, 2019).* 10-Q 001-04423 10(o)(o)(o) March 5, 2020 10(r)(r)(r) Form of Grant Agreement for grants of restricted stock units (for use from November 1, 2019).* 10-Q 001-04423 10(p)(p)(p) March 5, 2020 10(s)(s)(s) Form of Grant Agreement for grants of performance-adjusted restricted stock units (for use from November 1, 2019).* 10-Q 001-04423 10(q)(q)(q) March 5, 2020 10(t)(t)(t) Amendment Number One to Second Amended and Restated HP Inc. 2004 Stock Incentive Plan (as amended effective February 28, 2020).* 10-Q 001-04423 10(r)(r)(r) June 5, 2020 10(u)(u)(u) Amendment Number One to Registrants 2005 Executive Deferred Compensation Plan (as amended effective February 28, 2020).* 10-Q 001-04423 10(s)(s)(s) June 5, 2020 10(v)(v)(v) HP Inc. 2021 Employee Stock Purchase Plan.* 10-Q 001-04423 10(t)(t)(t) June 5, 2020 10(w)(w)(w) 364-Day Credit Agreement, dated as of May 29, 2020, among the Registrant, the lenders named therein, and JPMorgan Chase Bank, N.A., as administrative agent. 10-Q 001-04423 10(u)(u)(u) June 5, 2020 10(x)(x)(x) Amendment Number Two to Second Amended and Restated HP Inc. 2004 Stock Incentive Plan (as amended effective September 21, 2020).* 10(y)(y)(y) Amendment Number Two to Registrant's 2005 Executive Deferred Compensation Plan (as amended effective September 21, 2020).* 21 Subsidiaries of the Registrant as of October 31,2020. 23 Consent of Independent Registered Public Accounting Firm. 31.1 Certification of Chief Executive Officer pursuant to Rule13a-14(a) and Rule15d-14(a) of the Securities Exchange Act of 1934, as amended. 31.2 Certification of Chief Financial Officer pursuant to Rule13a-14(a) and Rule15d-14(a) of the Securities Exchange Act of 1934, as amended. 32 Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section906 of the Sarbanes-Oxley Act of 2002.