HP 2013 Annual Report Download - page 137
Download and view the complete annual report
Please find page 137 of the 2013 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
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
 |
 |
HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
Note 12: Borrowings (Continued)
Aggregate future maturities of long-term debt at face value (excluding a fair value adjustment
related to hedged debt of $147 million, a premium on debt issuance of $14 million, and a discount on
debt issuance of $16 million) were as follows at October 31, 2013:
2014 2015 2016 2017 2018 Thereafter Total
In millions
Aggregate future maturities of debt outstanding
including capital lease obligations .......... $5,195 $2,543 $3,013 $2,891 $842 $7,205 $21,689
Interest expense on borrowings was as follows:
For the fiscal years ended
October 31
2013 2012 2011
In millions
Financing interest .......................................... $312 $317 $306
Interest expense ........................................... 426 514 216
Total interest expense ....................................... $738 $831 $522
Note 13: Taxes on Earnings
Provision for Taxes
The domestic and foreign components of earnings (loss) before taxes were as follows for the
following fiscal years ended October 31:
2013 2012 2011
In millions
U.S. ................................................... $2,618 $ (3,192) $3,039
Non-U.S. ............................................... 3,892 (8,741) 5,943
$6,510 $(11,933) $8,982
The provision for (benefit from) taxes on earnings was as follows for the following fiscal years
ended October 31:
2013 2012 2011
In millions
U.S. federal taxes:
Current .................................................. $ 475 $ 330 $ 390
Deferred ................................................. (666) 81 (590)
Non-U.S. taxes:
Current .................................................. 1,275 1,139 1,177
Deferred ................................................. 89 (787) 611
State taxes:
Current .................................................. 57 (41) 141
Deferred ................................................. 167 (5) 179
$1,397 $ 717 $1,908
129