# EDGAR Filing Document

**Accession Number:** 0001645590
**File Stem:** 0000000000-23-002537
**Filing Date:** 2023-3
**Character Count:** 12756
**Document Hash:** 4529b18518c90baeed1320f2bb741037
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-002537.hdr.sgml**: 20230616

**ACCESSION NUMBER**: 0000000000-23-002537

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230315

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hewlett Packard Enterprise Co
- **CENTRAL INDEX KEY:** 0001645590
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-COMPUTER & PERIPHERAL EQUIPMENT & SOFTWARE [5045]
- **IRS NUMBER:** 473298624
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 1701 E MOSSY OAKS ROAD
- **CITY:** SPRING
- **STATE:** TX
- **ZIP:** 77389
- **BUSINESS PHONE:** 678-259-9860

**MAIL ADDRESS:**
- **STREET 1:** 1701 E MOSSY OAKS ROAD
- **CITY:** SPRING
- **STATE:** TX
- **ZIP:** 77389
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001645590-22-000071

## Text-Extract

```

United States securities and exchange commission logo

                             March 15, 2023

       Tarek Robbiati
       Chief Financial Officer
       Hewlett Packard Enterprise Company
       1701 East Mossy Oaks Rd.
       Spring, TX 77389

                                                        Re: Hewlett Packard
Enterprise Company
                                                            Form 10-K for
Fiscal Year Ended October 31, 2022
                                                            Filed December 8,
2022
                                                            File No. 001-37483

       Dear Tarek Robbiati:

              We have limited our review of your filing to the financial
statements and related
       disclosures and have the following comments. In some of our comments, we
may ask you to
       provide us with information so we may better understand your disclosure.

              Please respond to these comments within ten business days by
providing the requested
       information or advise us as soon as possible when you will respond. If
you do not believe our
       comments apply to your facts and circumstances, please tell us why in
your response.

                                                        After reviewing your
response to these comments, we may have additional comments.

       Form 10-K for Fiscal Year Ended October 31, 2022

       Management's Discussion and Analysis of Financial Condition and Results
of Operations
       Fiscal Year 2022 Compared to Fiscal Year 2021
       Segment Information, page 45

   1.                                                   Please quantify the
extent to which changes in net revenue and income from operations
                                                        are attributable to
changes in prices or to changes in the volume or amount of goods or
                                                        services being sold, or
to the introduction of new products or services. Please also revise
                                                        to quantify factors to
which changes are attributed. For example, we note your disclosure
                                                        that sales were
impacted by higher prices, offset by unfavorable currency fluctuations and
                                                        lower shipments. Refer
to Item 303(b)(2)(iii) of Regulation S-K.
 Tarek Robbiati
FirstName  LastNameTarek
Hewlett Packard Enterprise Robbiati
                           Company
Comapany
March      NameHewlett Packard Enterprise Company
       15, 2023
March2 15, 2023 Page 2
Page
FirstName LastName
GAAP to Non-GAAP Reconciliations
Reconciliation of GAAP earnings from operations and operating profit margin to
non-GAAP
earnings from operations and operating profit margin, page 54

2.       Refer to your reconciliations of non-GAAP earnings from operations and
net earnings.
         Please explain why it is appropriate to adjust for transformation
costs. We note from your
         disclosure in footnote 3 to the financial statements that you have
incurred transformation
         costs in each of the last three fiscal years. We note from your Form
10-K for the year
         ended October 31, 2019 that you also incurred such costs in each of
the preceding three
         years as well. In this regard, these costs appear to be normal,
recurring operating
         expenses for your business. Refer to Question 100.01 of the Compliance
and Disclosure
         Interpretations on Non-GAAP Financial Measures.
Non-GAAP Financial Measures, page 56

3.       You disclose that management believes excluding items from non-GAAP
financial
         measures facilitates a "more meaningful" evaluation of your current
operating
         performance in comparison to our peers. Please revise your disclosure
of usefulness of
         non-GAAP measures to investors to (a) eliminate descriptive language
suggesting non-
         GAAP financial measures are    more meaningful    than comparable GAAP
measures and
         (b) ensure that the disclosure addresses each non-GAAP measure and
explains why each
         measure is useful to investors in terms that are substantive and
specific to you (e.g.,
            investors should use this measure to       or    this measure tells
investors      ). Refer to
         Item 10(e)(1)(i)(C) of S-K and footnote 44 to FR-65. Note that
disclosure of
         management   s use of such measures is only necessary to the extent
material to investors.
Notes to Consolidated Financial Statements
Note 1: Overview and Summary of Significant Accounting Policies
Revenue Recognition, page 69

4.       We note your disclosure of revenue on a segment and geographical basis
pursuant to ASC
         280. Please tell us your consideration of providing disaggregated
disclosure of revenues.
         Refer to Refer to ASC 606-10-50-5 to 50-6 and 55-89 to 55-91. In this
regard, we note
         that you provide a number of distinct products and services and that
you disclose
         Annualized Revenue Run-rate ("ARR") as your pivot to as-a-service
continues.
Note 17: Litigation and Contingencies, page 119

5.       A large portion of your disclosure is dedicated to providing the
history of the legal
         proceedings in various cases in which you are involved, including the
dates of various
         motions, appeals, and hearings. In addition, your disclosure includes
legalese, including
         statements such as:    demurrer,       show cause notices,
certify a Rule 23 class,
            remittitur,    and    remand.    Please consider whether it would
be useful to investors to
         place more emphasis on the current status the cases, in plain English,
rather than on the
 Tarek Robbiati
Hewlett Packard Enterprise Company
March 15, 2023
Page 3
         history of legal proceedings.
       In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.

       You may contact Robert Shapiro at 202-551-3273 or Lyn Shenk at
202-551-3380 with
any questions.

FirstName LastNameTarek Robbiati                          Sincerely,
Comapany NameHewlett Packard Enterprise Company
                                                          Division of
Corporation Finance
March 15, 2023 Page 3                                     Office of Trade &
Services
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

March 15, 2023

Tarek Robbiati  
Chief Financial Officer  
Hewlett Packard Enterprise Company  
1701 East Mossy Oaks Rd.  
Spring, TX 77389

**Re: Hewlett Packard Enterprise Company  
Form 10-K for Fiscal Year Ended October 31, 2022  
Filed December 8, 2022  
File No. 001-37483**

Dear Tarek Robbiati:

We have limited our review of your filing to the financial statements and related disclosures and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response.

After reviewing your response to these comments, we may have additional comments.

Form 10-K for Fiscal Year Ended October 31, 2022

Management's Discussion and Analysis of Financial Condition and Results of Operations

Fiscal Year 2022 Compared to Fiscal Year 2021

Segment Information, page 45

1. Please quantify the extent to which changes in net revenue and income from operations are attributable to changes in prices or to changes in the volume or amount of goods or services being sold, or to the introduction of new products or services. Please also revise to quantify factors to which changes are attributed. For example, we note your disclosure that sales were impacted by higher prices, offset by unfavorable currency fluctuations and lower shipments. Refer to Item 303(b)(2)(iii) of Regulation S-K.

Tarek Robbiati  
Hewlett Packard Enterprise Company  
March 15, 2023  
Page 2

### GAAP to Non-GAAP Reconciliations

#### Reconciliation of GAAP earnings from operations and operating profit margin to non-GAAP earnings from operations and operating profit margin, page 54

2. Refer to your reconciliations of non-GAAP earnings from operations and net earnings. Please explain why it is appropriate to adjust for transformation costs. We note from your disclosure in footnote 3 to the financial statements that you have incurred transformation costs in each of the last three fiscal years. We note from your Form 10-K for the year ended October 31, 2019 that you also incurred such costs in each of the preceding three years as well. In this regard, these costs appear to be normal, recurring operating expenses for your business. Refer to Question 100.01 of the Compliance and Disclosure Interpretations on Non-GAAP Financial Measures.

#### Non-GAAP Financial Measures, page 56

3. You disclose that management believes excluding items from non-GAAP financial measures facilitates a 'more meaningful' evaluation of your current operating performance in comparison to our peers. Please revise your disclosure of usefulness of non-GAAP measures to investors to (a) eliminate descriptive language suggesting non-GAAP financial measures are 'more meaningful' than comparable GAAP measures and (b) ensure that the disclosure addresses each non-GAAP measure and explains why each measure is useful to investors in terms that are substantive and specific to you (e.g., 'investors should use this measure to...' or 'this measure tells investors...'). Refer to Item 10(e)(1)(i)(C) of S-K and footnote 44 to FR-65. Note that disclosure of management's use of such measures is only necessary to the extent material to investors.

### Notes to Consolidated Financial Statements

#### Note 1: Overview and Summary of Significant Accounting Policies

##### Revenue Recognition, page 69

4. We note your disclosure of revenue on a segment and geographical basis pursuant to ASC 280. Please tell us your consideration of providing disaggregated disclosure of revenues. Refer to Refer to ASC 606-10-50-5 to 50-6 and 55-89 to 55-91. In this regard, we note that you provide a number of distinct products and services and that you disclose Annualized Revenue Run-rate ('ARR') as your pivot to as-a-service continues.

#### Note 17: Litigation and Contingencies, page 119

5. A large portion of your disclosure is dedicated to providing the history of the legal proceedings in various cases in which you are involved, including the dates of various motions, appeals, and hearings. In addition, your disclosure includes legalese, including statements such as: 'demurrer,' 'show cause notices,' 'certify a Rule 23 class,' 'remittitur,' and 'remand.' Please consider whether it would be useful to investors to place more emphasis on the current status the cases, in plain English, rather than on the

Tarek Robbiati
Hewlett Packard Enterprise Company
March 15, 2023
Page 3

history of legal proceedings.

In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.

You may contact Robert Shapiro at 202-551-3273 or Lyn Shenk at 202-551-3380 with any questions.

Sincerely,

Division of Corporation Finance
Office of Trade & Services