HP 2007 Annual Report Download - page 110
Download and view the complete annual report
Please find page 110 of the 2007 HP annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
 |
 |
HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
Note 3: Net Earnings Per Share (Continued)
shares of HP stock issuable upon the assumed conversion of zero-coupon subordinated notes from the calculation of diluted
EPS in fiscal 2005 because the effect was anti-dilutive.
Note 4: Balance Sheet Details
Balance sheet details were as follows for the following fiscal years ended October 31:
Accounts and Financing Receivables
2007 2006
In millions
Accounts receivable................................................................................................................................. $13,646 $11,093
Allowance for doubtful accounts............................................................................................................. (226) (220)
$13,420 $10,873
Financing receivables .............................................................................................................................. $2,547 $2,480
Allowance for doubtful accounts............................................................................................................. (40) (40)
$2,507 $2,440
HP has revolving trade receivables-based facilities permitting it to sell certain trade receivables to third parties on a non-
recourse basis. The aggregate maximum capacity under these programs was approximately $525 million as of October 31,
2007. HP sold approximately $2.2 billion of trade receivables during fiscal 2007. As of October 31, 2007, HP had
approximately $117 million available under these programs.
Inventory
2007 2006
In millions
Finished goods.............................................................................................................................................. $5,404 $5,424
Purchased parts and fabricated assemblies ................................................................................................... 2,629 2,326
$8,033 $7,750
Other Current Assets
2007 2006
In millions
Deferred tax assets—short-term ................................................................................................................... $4,609 $4,144
Tax, supplier and other receivables .............................................................................................................. 5,655 5,242
Prepaid and other current assets.................................................................................................................... 1,733 1,393
$11,997 $10,779
96