HP 2011 Annual Report Download - page 162

Download and view the complete annual report

Please find page 162 of the 2011 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.

Page out of 182

  • 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
  • 181
  • 182

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
Note 19: Segment Information (Continued)
media solutions business from HP Software to Services. There have been no other material changes to
the total assets of HP’s segments since October 31, 2010.
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:
2011 2010 2009
In millions
Net revenue:
U.S................................................. $ 44,111 $ 44,542 $ 41,314
Non-U.S. ............................................ 83,134 81,491 73,238
Total HP consolidated net revenue .......................... $127,245 $126,033 $114,552
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, 2011, 2010 and 2009, 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, 2011, the United States and the Netherlands had 10% or more of HP’s total
consolidated net assets. At October 31, 2010, no single country other than the United States had 10%
or more of HP’s total consolidated net assets. At October 31, 2009, Belgium and the United States held
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:
2011 2010
In millions
Net property, plant and equipment:
U.S. ......................................................... $ 6,126 $ 6,479
Non-U.S. ...................................................... 6,166 5,284
Total HP consolidated net property, plant and equipment ................... $12,292 $11,763
154