HP 2015 Annual Report Download - page 107

Table of Contents
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designated as hedges, such as forwards used to hedge foreign currency balance sheet exposures. HP does not use derivative financial instruments for
speculative purposes. See Note 12 for a full description of HP's derivative financial instrument activities and related accounting policies.
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HP is involved in various lawsuits, claims, investigations and proceedings that arise in the ordinary course of business. HP records a liability for
contingencies when it believes it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. See Note 16 for a
full description of HP's loss contingencies and related accounting policies.
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HP is a leading global provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses
("SMBs") and large enterprises, including customers in the government, health and education sectors. HP's offerings span the following:
•personal computing and other access devices;
•imaging- and printing-related products and services;
•enterprise information technology ("IT") infrastructure, including enterprise server and storage technology, networking products and solutions,
and technology support and maintenance;
•multi-vendor customer services, including technology consulting, outsourcing and support services across infrastructure, applications and
business process domains; and
•software products and solutions, including application testing and delivery, big data analytics, enterprise security, information governance
and IT Operations Management.
HP's operations are organized into seven segments for financial reporting purposes: Personal Systems, Printing, the Enterprise Group ("EG"), Enterprise
Services ("ES"), Software, HP Financial Services ("HPFS") and Corporate Investments. HP's organizational structure is based on a number of factors that
management uses to evaluate, view and run its business operations, which include, but are not limited to, customer base and homogeneity of products and
technology. The segments are based on this organizational structure and information reviewed by HP's management to evaluate segment results.
The Personal Systems segment and the Printing segment are structured beneath a broader Printing and Personal Systems Group ("PPS"). While PPS is not
a reportable segment, HP may provide financial data aggregating the Personal Systems and the Printing segments in order to provide a supplementary view of
its business.
As a result of the Separation, beginning November 1, 2015, HP will report three segments as part of continuing operations: Personal Systems, Printing
and Corporate Investments.
A summary description of each segment follows.
The  mission is to leverage the respective strengths of the Personal Systems business and the Printing business by
creating a unified organization that is
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Source: HP INC, 10-K, December 16, 2015 Powered by Morningstar® Document Research℠
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