Spreadsheet: 1a03531c-2893-4a48-ab4c-1480c14d15fd
Sheet: P&L FY11

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
FISCAL 2011 CONSOLIDATED CONDENSED STATEMENT OF EARNINGS (Revised)
([NAME])
(In millions)
 |  | REVISED AMOUNTS |  |  |  |  |  |  |  |  |  | AMOUNTS AS PREVIOUSLY REPORTED |  |  |  |  |  |  |  |  |  | [NAME]
 |  | Three months ended |  |  |  |  |  |  |  | Twelve months ended |  | Three months ended |  |  |  |  |  |  |  | Twelve months ended |  | Three months ended |  |  |  |  |  |  |  | Twelve months ended
 |  | Jan. 31, 2011 |  | Apr. 30, 2011 |  | Jul. 31, 2011 |  | Oct. 31, 2011 |  | Oct. 31, 2011 |  | Jan. 31, 2011 |  | Apr. 30, 2011 |  | Jul. 31, 2011 |  | Oct. 31, 2011 |  | Oct. 31, 2011 |  | Jan. 31, 2011 |  | Apr. 30, 2011 |  | Jul. 31, 2011 |  | Oct. 31, 2011 |  | Oct. 31, 2011
Net revenue |  | 32302 |  | 31632 |  | 31189 |  | 32122 |  | 127245 |  | 32302 |  | 31632 |  | 31189 |  | 32122 |  | 127245 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Costs and expenses:(a)
Cost of sales |  | 24381 |  | 23832 |  | 23901 |  | 25304 |  | 97418 |  | 24408 |  | 23860 |  | 23929 |  | 25332 |  | 97529 |  | -27 |  | -28 |  | -28 |  | -28 |  | -111
Research and development |  | 798 |  | 815 |  | 812 |  | 829 |  | 3254 |  | 798 |  | 815 |  | 812 |  | 829 |  | 3254 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Selling, general and administrative |  | 3117 |  | 3425 |  | 3430 |  | 3605 |  | 13577 |  | 3090 |  | 3397 |  | 3402 |  | 3577 |  | 13466 |  | 27 |  | 28 |  | 28 |  | 28 |  | 111
Amortization of purchased intangible assets |  | 425 |  | 413 |  | 358 |  | 411 |  | 1607 |  | 425 |  | 413 |  | 358 |  | 411 |  | 1607 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Restructuring charges |  | 158 |  | 158 |  | 150 |  | 179 |  | 645 |  | 158 |  | 158 |  | 150 |  | 179 |  | 645 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Acquisition-related charges |  | 29 |  | 21 |  | 18 |  | 114 |  | 182 |  | 29 |  | 21 |  | 18 |  | 114 |  | 182 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Impairment of goodwill and purchased intangible assets |  | 0 |  | 0 |  | 0 |  | 885 |  | 885 |  | 0 |  | 0 |  | 0 |  | 885 |  | 885 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Total costs and expenses |  | 28908 |  | 28664 |  | 28669 |  | 31327 |  | 117568 |  | 28908 |  | 28664 |  | 28669 |  | 31327 |  | 117568 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Earnings from operations |  | 3394 |  | 2968 |  | 2520 |  | 795 |  | 9677 |  | 3394 |  | 2968 |  | 2520 |  | 795 |  | 9677 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Interest and other, net |  | -97 |  | -76 |  | -121 |  | -401 |  | -695 |  | -97 |  | -76 |  | -121 |  | -401 |  | -695 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Earnings before taxes |  | 3297 |  | 2892 |  | 2399 |  | 394 |  | 8982 |  | 3297 |  | 2892 |  | 2399 |  | 394 |  | 8982 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Provision for taxes |  | 692 |  | 588 |  | 473 |  | 155 |  | 1908 |  | 692 |  | 588 |  | 473 |  | 155 |  | 1908 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Net earnings |  | 2605 |  | 2304 |  | 1926 |  | 239 |  | 7074 |  | 2605 |  | 2304 |  | 1926 |  | 239 |  | 7074 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
(a) In connection with organizational realignments implemented in the first quarter of fiscal 2012, certain costs previously reported as Cost of Sales have been reclassified as Selling, General and Administrative expenses to better align those costs with the functional       areas that benefit from those expenditures.