HP 2015 Annual Report Download - page 83

Table of Contents
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As part of our ongoing business, we have not participated in transactions that generate material relationships with unconsolidated entities or financial
partnerships, such as entities often referred to as
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$18 million to its non-U.S. pension plans, approximately $36 million to cover benefit payments to U.S. non-qualified plan
participants and approximately $43 million to cover benefit claims for HP's post-retirement benefit plans. Our policy is to fund our
pension plans so that we meet at least the minimum contribution requirements, as established by local government, funding and
taxing authorities. Expected contributions and payments to our pension and post-retirement benefit plans are excluded from the
contractual obligations table because they do not represent contractual cash outflows as they are dependent on numerous factors
which may result in a wide range of outcomes. For more information on our retirement and post-retirement benefit plans, see Note 4 to
the Consolidated Financial Statements in Item 8, which is incorporated herein by reference.
(6)  As of October 31, 2015, HP (including Hewlett Packard Enterprise) expects future cash payments of
approximately $3.2 billion in connection with our approved restructuring plans which includes $1.3 billion expected to be paid in
fiscal 2016 with the remaining approximately $1.9 billion cash payments to be made through fiscal 2025. Subsequent to the
Separation, HP Inc. expects future cash payments of approximately $280 million in connection with our approved restructuring plans
which includes $90 million expected to be paid in fiscal 2016 with the remaining approximately $190 million cash payments to be
made through fiscal 2025. Payments for restructuring have been excluded from the contractual obligations table, because they do not
represent contractual cash outflows and there is uncertainty as to the timing of these payments. For more information on our
restructuring activities, see Note 3 to the Consolidated Financial Statements in Item 8, which is incorporated herein by reference.
(7)  As of October 31, 2015, HP (including Hewlett Packard Enterprise) expects future cash payments of
approximately $750 million in connection with our separation charges and net foreign tax payments, which are expected to be paid in
fiscal 2016, with subsequent tax credit amounts expected over later years. As of October 31, 2015, we also expect separation-related
capital expenditures of approximately $60 million in fiscal 2016. Subsequent to the Separation, HP Inc. expects future cash payments
of approximately $180 million in connection with our separation charges and net foreign tax payments, which are expected to be paid
in fiscal 2016, with subsequent tax credit amounts expected over later years. As of October 31, 2015, HP Inc. also expects separation-
related capital expenditures of approximately $30 million in fiscal 2016. Payments for separation costs have been excluded from the
contractual obligations table, because they do not represent contractual cash outflows and there is uncertainty as to the timing of these
payments.
(8)  As of October 31, 2015, we had approximately $3.7 billion of recorded liabilities and related interest and
penalties pertaining to uncertain tax positions. These liabilities and related interest and penalties include $15 million expected to be
paid within one year. For the remaining amount, we are unable to make a reasonable estimate as to when cash settlement with the tax
authorities might occur due to the uncertainties related to these tax matters. Payments of these obligations would result from
settlements with taxing authorities. For more information on our uncertain tax positions, see Note 6 to the Consolidated Financial
Statements in Item 8, which is incorporated herein by reference.
Source: HP INC, 10-K, December 16, 2015 Powered by Morningstar® Document Research℠
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