HP 2010 Annual Report Download - page 161
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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
Note 19: Segment Information (Continued)
Major Customers
No single customer represented 10% or more of HP’s total net revenue in any fiscal year
presented.
Geographic Information
Net revenue, classified by the major geographic areas in which HP operates, was as follows for the
following fiscal years ended October 31:
2010 2009 2008
In millions
Net revenue:
U.S. ................................................ $ 44,542 $ 41,314 $ 36,932
Non-U.S. ............................................ 81,491 73,238 81,432
Total HP consolidated net revenue .......................... $126,033 $114,552 $118,364
Net revenue by geographic area is based upon the sales location that predominately represents the
customer location. For each of the years ended October 31, 2010, 2009 and 2008, other than the United
States, no country represented more than 10% of HP’s total consolidated net revenue. HP reports
revenue net of sales taxes, use taxes and value-added taxes directly imposed by governmental
authorities on HP’s revenue producing transactions with its customers.
At October 31, 2010, the United States held 10% or more of HP’s total consolidated net assets. At
October 31, 2009 and 2008, Belgium and the United States comprised 10% or more of HP’s total
consolidated net assets.
No single country other than the United States had more than 10% of HP’s total consolidated net
property, plant and equipment in any period presented. HP’s long-lived assets other than goodwill and
purchased intangible assets are composed principally of net property, plant and equipment.
Net property, plant and equipment, classified by major geographic areas in which HP operates, was
as follows for the following fiscal years ended October 31:
2010 2009
In millions
Net property, plant and equipment:
U.S. ......................................................... $ 6,479 $ 6,316
Non-U.S. ...................................................... 5,284 4,946
Total HP consolidated net property, plant and equipment ................... $11,763 $11,262
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