Spreadsheet: 1a03531c-2893-4a48-ab4c-1480c14d15fd
Sheet: Segment FY11

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
FISCAL 2011 SEGMENT INFORMATION (Revised)
([NAME])
(In millions)
REVISED AMOUNTS
 |  |  | Three months ended |  |  |  |  |  |  |  | Twelve months ended
 |  |  | Jan. 31, 2011 |  | Apr. 30, 2011 |  | Jul. 31, 2011 |  | Oct. 31, 2011 |  | Oct. 31, 2011
Net revenue: (a)
Personal Systems Group |  |  | 10449 |  | 9415 |  | 9592 |  | 10118 |  | 39574
Services |  |  | 8529 |  | 8916 |  | 9030 |  | 9227 |  | 35702
Imaging and Printing Group |  |  | 6731 |  | 6843 |  | 6183 |  | 6419 |  | 26176
Enterprise Servers,Storage and Networking |  |  | 5599 |  | 5516 |  | 5348 |  | 5601 |  | 22064
Software |  |  | 725 |  | 797 |  | 822 |  | 1023 |  | 3367
HP Financial Services |  |  | 827 |  | 885 |  | 932 |  | 952 |  | 3596
Corporate Investments |  |  | 62 |  | 42 |  | 235 |  | -131 |  | 208
Total segments |  |  | 32922 |  | 32414 |  | 32142 |  | 33209 |  | 130687
Elimination of intersegment net revenue and other |  |  | -620 |  | -782 |  | -953 |  | -1087 |  | -3442
Total HP consolidated net revenue |  |  | 32302 |  | 31632 |  | 31189 |  | 32122 |  | 127245
Earnings from operations: (a) |  |  |  | OP % |  | OP % |  | OP % |  | OP % |  | OP %
Personal Systems Group |  |  | 672 | 0.064 | 533 | 0.057 | 567 | 0.059 | 578 | 0.057 | 2350 | 0.059
Services |  |  | 1381 | 0.162 | 1372 | 0.154 | 1240 | 0.137 | 1210 | 0.131 | 5203 | 0.146
Imaging and Printing Group |  |  | 1119 | 0.166 | 1136 | 0.166 | 879 | 0.142 | 793 | 0.124 | 3927 | 0.15
Enterprise Servers,Storage and Networking |  |  | 830 | 0.148 | 760 | 0.138 | 690 | 0.129 | 717 | 0.128 | 2997 | 0.136
Software |  |  | 120 | 0.166 | 158 | 0.198 | 160 | 0.195 | 284 | 0.278 | 722 | 0.214
HP Financial Services |  |  | 79 | 0.096 | 83 | 0.094 | 88 | 0.094 | 98 | 0.103 | 348 | 0.097
Corporate Investments |  |  | -178 | -2.871 | -199 | -4.738 | -334 | -1.421 | -908 | 6.931 | -1619 | -7.784
Total segments |  |  | 4023 |  | 3843 |  | 3290 |  | 2772 |  | 13928
Corporate and unallocated costs, gains and eliminations |  |  | 149 |  | -153 |  | -114 |  | -196 |  | -314
Unallocated costs related to stock-based
compensation expense |  |  | -166 |  | -130 |  | -130 |  | -192 |  | -618
Amortization of purchased intangible assets |  |  | -425 |  | -413 |  | -358 |  | -411 |  | -1607
Restructuring charges |  |  | -158 |  | -158 |  | -150 |  | -179 |  | -645
Acquisition-related charges |  |  | -29 |  | -21 |  | -18 |  | -114 |  | -182
Impairment of goodwill and purchased intangible assets |  |  | 0 |  | 0 |  | 0 |  | -885 |  | -885
Interest and other, net |  |  | -97 |  | -76 |  | -121 |  | -401 |  | -695
Total HP consolidated earnings before taxes |  |  | 3297 |  | 2892 |  | 2399 |  | 394 |  | 8982
AMOUNTS AS PREVIOUSLY REPORTED
 |  |  | Three months ended |  |  |  |  |  |  |  | Twelve months ended
 |  |  | Jan. 31, 2011 |  | Apr. 30, 2011 |  | Jul. 31, 2011 |  | Oct. 31, 2011 |  | Oct. 31, 2011
Net revenue:
Personal Systems Group |  |  | 10449 |  | 9415 |  | 9592 |  | 10118 |  | 39574
Services |  |  | 8607 |  | 8977 |  | 9089 |  | 9281 |  | 35954
Imaging and Printing Group |  |  | 6630 |  | 6745 |  | 6087 |  | 6321 |  | 25783
Enterprise Servers,Storage and Networking |  |  | 5634 |  | 5556 |  | 5396 |  | 5655 |  | 22241
Software |  |  | 697 |  | 764 |  | 780 |  | 976 |  | 3217
HP Financial Services |  |  | 827 |  | 885 |  | 932 |  | 952 |  | 3596
Corporate Investments |  |  | 78 |  | 72 |  | 266 |  | -94 |  | 322
Total segments |  |  | 32922 |  | 32414 |  | 32142 |  | 33209 |  | 130687
Elimination of intersegment net revenue and other |  |  | -620 |  | -782 |  | -953 |  | -1087 |  | -3442
Total HP consolidated net revenue |  |  | 32302 |  | 31632 |  | 31189 |  | 32122 |  | 127245
Earnings from operations: |  |  |  | OP % |  | OP % |  | OP % |  | OP % |  | OP %
Personal Systems Group |  |  | 672 | 0.064 | 533 | 0.057 | 567 | 0.059 | 578 | 0.057 | 2350 | 0.059
Services |  |  | 1375 | 0.16 | 1361 | 0.152 | 1225 | 0.135 | 1188 | 0.128 | 5149 | 0.143
Imaging and Printing Group |  |  | 1129 | 0.17 | 1144 | 0.17 | 892 | 0.147 | 808 | 0.128 | 3973 | 0.154
Enterprise Servers,Storage and Networking |  |  | 828 | 0.147 | 766 | 0.138 | 699 | 0.13 | 733 | 0.13 | 3026 | 0.136
Software |  |  | 123 | 0.176 | 154 | 0.202 | 151 | 0.194 | 270 | 0.277 | 698 | 0.217
HP Financial Services |  |  | 79 | 0.096 | 83 | 0.094 | 88 | 0.094 | 98 | 0.103 | 348 | 0.097
Corporate Investments |  |  | -183 | -2.346 | -198 | -2.75 | -332 | -1.248 | -903 | 9.606 | -1616 | -5.019
Total segments |  |  | 4023 |  | 3843 |  | 3290 |  | 2772 |  | 13928
Corporate and unallocated costs, gains and eliminations |  |  | 149 |  | -153 |  | -114 |  | -196 |  | -314
Unallocated costs related to stock-based
compensation expense |  |  | -166 |  | -130 |  | -130 |  | -192 |  | -618
Amortization of purchased intangible assets |  |  | -425 |  | -413 |  | -358 |  | -411 |  | -1607
Restructuring charges |  |  | -158 |  | -158 |  | -150 |  | -179 |  | -645
Acquisition-related charges |  |  | -29 |  | -21 |  | -18 |  | -114 |  | -182
Impairment of goodwill and purchased intangible assets |  |  | 0 |  | 0 |  | 0 |  | -885 |  | -885
Interest and other, net |  |  | -97 |  | -76 |  | -121 |  | -401 |  | -695
Total HP consolidated earnings before taxes |  |  | 3297 |  | 2892 |  | 2399 |  | 394 |  | 8982
[NAME] AND PREVIOUSLY REPORTED AMOUNTS
 |  |  | Three months ended |  |  |  |  |  |  |  | Twelve months ended
 |  |  | Jan. 31, 2011 |  | Apr. 30, 2011 |  | Jul. 31, 2011 |  | Oct. 31, 2011 |  | Oct. 31, 2011
Net revenue:
Personal Systems Group |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Services |  |  | -78 |  | -61 |  | -59 |  | -54 |  | -252
Imaging and Printing Group |  |  | 101 |  | 98 |  | 96 |  | 98 |  | 393
Enterprise Servers,Storage and Networking |  |  | -35 |  | -40 |  | -48 |  | -54 |  | -177
Software |  |  | 28 |  | 33 |  | 42 |  | 47 |  | 150
HP Financial Services |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Corporate Investments |  |  | -16 |  | -30 |  | -31 |  | -37 |  | -114
Total segments |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Elimination of intersegment net revenue and other |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Total HP consolidated net revenue |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Earnings from operations: |  |  |  | OP pts |  | OP pts |  | OP pts |  | OP pts |  | OP pts
Personal Systems Group |  |  | 0 | -  pts | 0 | -  pts | 0 | -  pts | 0 | -  pts | 0 | -  pts
Services |  |  | 6 | 0.2 | 11 | 0.2 | 15 | 0.2 | 22 | 0.3 | 54 | 0.3
Imaging and Printing Group |  |  | -10 | -0.4 | -8 | -0.4 | -13 | -0.5 | -15 | -0.4 | -46 | -0.4
Enterprise Servers,Storage and Networking |  |  | 2 | 0.1 | -6 | -  pts | -9 | -0.1 | -16 | -0.2 | -29 | -  pts
Software |  |  | -3 | -1 | 4 | -0.4 | 9 | 0.1 | 14 | 0.1 | 24 | -0.3
HP Financial Services |  |  | 0 | -  pts | 0 | -  pts | 0 | -  pts | 0 | -  pts | 0 | -  pts
Corporate Investments |  |  | 5 | -52.5 | -1 | -198.8 | -2 | -17.3 | -5 | -267.5 | -3 | -276.5
Total segments |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Corporate and unallocated costs, gains and eliminations |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Unallocated costs related to stock-based
compensation expense |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Amortization of purchased intangible assets |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Restructuring charges |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Acquisition-related charges |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Impairment of goodwill and purchased intangible assets |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Interest and other, net |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Total HP consolidated earnings before taxes |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
(a) Certain fiscal 2012 organizational reclassifications have been reflected retroactively to provide improved visibility and comparability. For      each of the quarters in fiscal year 2011, the reclassifications resulted in the transfer of revenue and operating profit among the Services,      Imaging and Printing Group, Enterprise Servers, Storage and Networking, Software and Corporate Investments financial reporting segments.      Reclassifications between segments included the transfer of the Indigo Scitex support and the LaserJet and enterprise solutions trade support      businesses from Services to the Imaging and Printing Group, the transfer of the business intelligence services business from Corporate      Investments to Services, the transfer of the information management services business from Software to Services, and the transfer of the      TippingPoint business from Enterprise Servers, Storage and Networking to Software. There was no impact on the previously reported financial      results for the Personal Systems Group and HP Financial Services segments.