← HP INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $3.1b $3.3b $2.8b $2.5b
Net earnings $2.5b $2.5b $5.3b $3.2b $2.8b $6.5b $3.2b $3.3b $2.8b $2.5b
Net Income (Loss) Attributable to Parent $2.5b $2.5b $5.3b $3.2b $2.8b $6.5b $3.1b $3.3b $2.8b $2.5b
Net Income (Loss) Available to Common Stockholders, Basic — — — — — — $3.1b $3.3b $2.8b $2.5b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $2.7b $2.5b $5.3b — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($170.0m) $0 $0 — — — — — — —
Amortization of Intangible Assets $16.0m $1.0m $80.0m $116.0m $113.0m $154.0m $228.0m $350.0m $318.0m $345.0m
Depreciation $316.0m $353.0m $448.0m $623.0m $673.0m $627.0m $542.0m $491.0m $501.0m $523.0m
Depreciation Amortization Depletion — — — — — — $780.0m $850.0m $830.0m $916.0m
Depreciation, Depletion and Amortization $332.0m $354.0m $528.0m $744.0m $789.0m $785.0m $780.0m $850.0m $830.0m $916.0m
Depreciation, amortization and impairment $332.0m $354.0m $528.0m $744.0m $789.0m $785.0m $780.0m $850.0m $830.0m $916.0m
Deferred Income Tax — — — — — — $577.0m ($923.0m) ($122.0m) ($6.0m)
Deferred Income Tax Expense (Benefit) $401.0m $238.0m ($3.7b) $133.0m $70.0m ($605.0m) $577.0m ($923.0m) ($122.0m) ($6.0m)
Deferred Tax — — — — — — $577.0m ($923.0m) ($122.0m) ($6.0m)
Deferred taxes on earnings $401.0m $238.0m ($3.7b) $133.0m $70.0m ($605.0m) $574.0m ($923.0m) ($122.0m) ($6.0m)
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 — — —
Share-based Payment Arrangement, Expense $182.0m $224.0m $268.0m $297.0m $278.0m $330.0m $343.0m $438.0m $452.0m $522.0m
Share-based Payment Arrangement, Noncash Expense $182.0m $224.0m $268.0m $297.0m $278.0m $330.0m $343.0m $438.0m $452.0m $522.0m
Gain (Loss) on Extinguishment of Debt — — ($126.0m) $0 ($40.0m) ($16.0m) $0 $107.0m ($3.0m) $0
Income Tax Expense (Benefit) $1.1b $750.0m ($2.3b) ($629.0m) $387.0m $1.0b $1.2b ($326.0m) $504.0m $139.0m
Other Nonoperating Income (Expense) — $89.0m $49.0m $74.0m $21.0m ($22.0m) ($19.0m) $7.0m $57.0m ($16.0m)
Changes in operating assets and liabilities:
Additional Financial Items
Accounts Receivable, Credit Loss Expense (Reversal) $65.0m — $57.0m $60.0m $62.0m $5.0m $7.0m ($2.0m) ($3.0m) ($8.0m)
Accounts payable $928.0m $2.2b $1.4b ($53.0m) ($35.0m) $1.3b ($928.0m) ($1.2b) $2.8b $1.1b
Accounts receivable $565.0m ($453.0m) ($491.0m) ($761.0m) $575.0m ($80.0m) $1.3b $278.0m ($929.0m) ($524.0m)
Beginning Cash Position — — — — — — $4.3b $3.1b $3.2b $3.3b
Cash Flow From Continuing Financing Activities — — — — — — ($2.1b) ($2.9b) ($3.1b) ($2.1b)
Cash Flow From Continuing Investing Activities — — — — — — ($3.5b) ($590.0m) ($646.0m) ($1.2b)
Change In Account Payable — — — — — — ($909.0m) ($1.2b) $2.8b $1.1b
Change In Accrued Expense — — — — — ($205.0m) ($245.0m) — — —
Change In Inventory — — — — — — $214.0m $668.0m ($852.0m) ($828.0m)
Change In Other Working Capital — — — — — — ($1.5b) ($170.0m) ($1.3b) ($444.0m)
Change In Payable — — — — — — ($909.0m) ($1.2b) $2.8b $1.1b
Change In Payables And Accrued Expense — — — — — — ($909.0m) ($1.2b) $2.8b $1.1b
Change In Receivables — — — — — — $1.1b $168.0m ($1.1b) ($655.0m)
Change In Working Capital — — — — — — ($1.1b) ($574.0m) ($449.0m) ($785.0m)
Changes In Account Receivables — — — — — — $1.3b $278.0m ($929.0m) ($524.0m)
Changes In Cash — — — — — — ($1.2b) $87.0m $21.0m $460.0m
Collateral posted for derivative instruments $0 ($1.2b) ($1.2b) ($32.0m) ($163.0m) $148.0m $14.0m $0 $0 ($264.0m)
Collateral returned for derivative instruments $0 $955.0m $1.4b $32.0m $0 — ($200.0m) ($200.0m) $0 $0
End Cash Position — — — — — — $3.1b $3.2b $3.3b $3.7b
Financing Cash Flow — — — — — — ($2.1b) ($2.9b) ($3.1b) ($2.1b)
Foreign Currency Transaction Gain (Loss), before Tax — ($70.0m) — — — — — — — —
Free Cash Flow — — — — — — $3.7b $3.0b $3.2b $2.8b
Gain (Loss) Related to Litigation Settlement — — — — — $2.3b $0 $0 — $52.0m
Goodwill $5.6b $5.6b $6.0b $6.4b $6.4b $6.8b $8.5b $8.6b $8.6b $8.7b
Increase (Decrease) in Accounts Receivable ($565.0m) $453.0m $491.0m $761.0m ($575.0m) $80.0m ($1.3b) ($278.0m) $929.0m $524.0m
Increase (Decrease) in Inventories $291.0m $1.3b $136.0m $68.0m $386.0m $2.2b ($214.0m) ($668.0m) $852.0m $828.0m
Inventory ($291.0m) ($1.3b) ($136.0m) ($68.0m) ($386.0m) ($2.2b) $233.0m $668.0m ($852.0m) ($828.0m)
Inventory Write-down $95.0m — — — — — — — — —
Investing Cash Flow — — — — — — ($3.5b) ($590.0m) ($646.0m) ($1.2b)
Investment Income, Interest $24.0m $66.0m $116.0m $80.0m $40.0m $31.0m $46.0m $67.0m $78.0m $89.0m
Net Business Purchase And Sale — — — — — — ($2.8b) ($7.0m) ($58.0m) ($50.0m)
Net PPE Purchase And Sale — — — — — — ($765.0m) ($593.0m) ($592.0m) ($897.0m)
Net investment in leases related to integrated financing — — — $0 ($152.0m) ($111.0m) ($155.0m) ($110.0m) ($165.0m) ($131.0m)
Nonoperating Income (Expense) $212.0m ($243.0m) ($1.1b) ($1.4b) ($231.0m) $2.2b ($235.0m) ($519.0m) ($539.0m) ($506.0m)
Other Non Cash Items — — — — — — $693.0m $517.0m $263.0m $521.0m
Other assets and liabilities ($1.5b) ($363.0m) $653.0m $1.7b ($32.0m) ($13.0m) ($1.2b) ($58.0m) ($1.1b) $273.0m
Other, net ($198.0m) $134.0m $319.0m $254.0m $325.0m $440.0m $475.0m ($10.0m) ($38.0m) $116.0m
Payments of short-term borrowings with original maturities less than 90 days, net — — — — — — ($400.0m) ($10.0m) $0 $0
Pension And Employee Benefit Expense — — — — — ($37.0m) $0 $0 — —
Pension Expense (Reversal of Expense), Noncash — — — — $214.0m ($37.0m) $0 $0 — —
Proceeds From Stock Option Exercised — — — — — — ($95.0m) ($99.0m) ($74.0m) ($126.0m)
Purchase Of Business — — — — — — ($2.8b) ($7.0m) ($58.0m) ($116.0m)
Purchase Of PPE $433.0m $402.0m $546.0m $671.0m $580.0m $582.0m ($765.0m) ($593.0m) ($592.0m) ($897.0m)
Repurchase Of Capital Stock — — — — — — ($4.3b) ($100.0m) ($2.1b) ($850.0m)
Restructuring and other ($157.0m) ($233.0m) ($237.0m) ($154.0m) ($489.0m) ($205.0m) ($245.0m) ($310.0m) ($264.0m) ($326.0m)
Restructuring and other charges $200.0m $362.0m $132.0m $275.0m $462.0m $245.0m $233.0m $527.0m $301.0m $405.0m
Sale Of Business — — — — — — — $0 $0 $66.0m
Sale Of PPE — — — — — $0 $26.0m $16.0m — —
Settlement of cash flow hedges $4.0m ($9.0m) $0 $0 $0 $0 $79.0m ($3.0m) $0 $6.0m
Stock Based Compensation — — — — — — $343.0m $438.0m $452.0m $522.0m
Stock-based award activities and others $32.0m $57.0m $52.0m ($61.0m) ($128.0m) ($51.0m) ($95.0m) ($99.0m) ($74.0m) ($126.0m)
Stock-based compensation expense $182.0m $224.0m $268.0m $297.0m $278.0m $330.0m $343.0m $438.0m $452.0m $522.0m
Taxes on earnings $106.0m $73.0m $389.0m ($851.0m) ($147.0m) $64.0m ($83.0m) $198.0m ($24.0m) ($391.0m)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement ($179.0m) ($5.0m) ($7.0m) — ($214.0m) $37.0m $0 $0 — —
Net Cash Provided by (Used in) Operating Activities $3.2b $3.7b $4.5b $4.7b $4.3b $6.4b $4.5b $3.6b $3.7b $3.7b
Cash flows from investing activities:
Capital Expenditure — — — — — — ($765.0m) ($593.0m) ($592.0m) ($897.0m)
Investment in property, plant, equipment and purchased intangibles, net ($433.0m) ($402.0m) ($546.0m) ($671.0m) ($580.0m) ($582.0m) ($791.0m) ($609.0m) ($592.0m) ($897.0m)
Payments made in connection with business acquisitions, net of cash acquired ($7.0m) $0 ($1.0b) ($458.0m) $0 ($854.0m) ($2.8b) ($7.0m) ($58.0m) ($116.0m)
Payments to Acquire Businesses, Net of Cash Acquired $7.0m $0 $1.0b $458.0m $0 $854.0m $2.8b $7.0m $58.0m $116.0m
Net Investment Purchase And Sale — — — — — — ($43.0m) $10.0m $4.0m $34.0m
Purchase Of Investment — — — — — — ($52.0m) ($11.0m) ($4.0m) ($40.0m)
Purchases of available-for-sale securities and other investments ($126.0m) ($1.4b) ($367.0m) ($80.0m) ($693.0m) ($28.0m) ($52.0m) ($11.0m) ($4.0m) ($40.0m)
Maturities and sales of available-for-sale securities and other investments $133.0m $231.0m $847.0m $771.0m $417.0m $304.0m $9.0m $21.0m $8.0m $74.0m
Sale Of Investment — — — — — — $9.0m $21.0m $8.0m $74.0m
Proceeds from business divestitures — — — — — — — $0 $0 $66.0m
Net Other Investing Changes — — — — — $148.0m $14.0m — — ($264.0m)
Net Cash Provided by (Used in) Investing Activities $48.0m ($1.7b) ($716.0m) ($438.0m) ($1.0b) ($1.0b) ($3.5b) ($590.0m) ($646.0m) ($1.2b)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $4.2b $255.0m $380.0m $1.4b
Long Term Debt Issuance — — — — — — $4.2b $255.0m $380.0m $1.4b
Net Issuance Payments Of Debt — — — — — — $3.1b ($1.5b) $167.0m ($2.0m)
Net Long Term Debt Issuance — — — — — — $3.5b ($1.4b) $167.0m ($2.0m)
Net Short Term Debt Issuance — — — — — — ($400.0m) ($10.0m) $0 $0
Proceeds from Issuance of Long-term Debt $4.0m $5.0m $0 — — — — — — —
Proceeds from debt, net of issuance costs $4.0m $5.0m $0 $127.0m $3.1b $2.1b $4.2b $255.0m $380.0m $1.4b
Long Term Debt Payments — — — — — — ($693.0m) ($1.7b) ($213.0m) ($1.4b)
Payment of debt and other associated costs ($2.2b) ($84.0m) ($2.1b) ($680.0m) ($1.8b) ($1.2b) ($693.0m) ($1.7b) ($213.0m) ($1.4b)
Repayment Of Debt — — — — — — ($1.1b) ($1.7b) ($213.0m) ($1.4b)
Short Term Debt Payments — — — — — — ($400.0m) ($10.0m) $0 $0
Net Common Stock Issuance — — — — — — ($4.3b) ($100.0m) ($2.1b) ($850.0m)
Common Stock Payments — — — — — — ($4.3b) ($100.0m) ($2.1b) ($850.0m)
Payments for Repurchase of Common Stock $1.2b $1.4b $2.6b $2.4b $3.1b $6.2b $4.3b $100.0m $2.1b $850.0m
Payments of Ordinary Dividends, Common Stock $858.0m $894.0m $899.0m $970.0m $997.0m $938.0m $1.0b $1.0b $1.1b $1.1b
Repurchase of common stock ($1.2b) ($1.4b) ($2.6b) ($2.4b) ($3.1b) ($6.2b) ($4.3b) ($100.0m) ($2.1b) ($850.0m)
Cash Dividends Paid — — — — — — ($1.0b) ($1.0b) ($1.1b) ($1.1b)
Cash dividends paid ($858) ($894) ($899) ($970) ($997) ($938) ($1k) ($1k) ($1k) ($1k)
Common Stock Dividend Paid — — — — — — ($1.0b) ($1.0b) ($1.1b) ($1.1b)
Net Other Financing Charges — — — — — — $279.0m ($203.0m) — $6.0m
Net Cash Provided by (Used in) Financing Activities ($14.4b) ($1.3b) ($5.6b) ($4.8b) ($3.0b) ($6.0b) ($2.1b) ($2.9b) ($3.1b) ($2.1b)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — ($1.8b) ($629.0m) $327.0m ($565.0m) ($1.2b) $87.0m $21.0m $460.0m
Increase in cash, cash equivalents and restricted cash — — ($1.8b) ($629.0m) $327.0m ($565.0m) ($1.2b) $87.0m $21.0m $460.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — ($1.8b) ($629.0m) $4.9b $4.3b $3.1b $3.2b $3.3b $3.7b
Cash, cash equivalents and restricted cash at beginning of period — — $5.2b $4.5b $4.9b $4.3b $3.1b $3.2b $3.3b $3.3b
Cash, cash equivalents and restricted cash at end of period (1) — — — — — — — $3.2b $3.3b $3.7b
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($1.2b) $87.0m $21.0m $460.0m
Interest Paid, Excluding Capitalized Interest, Operating Activities $318.0m $322.0m $329.0m $240.0m $227.0m $261.0m $305.0m $548.0m $441.0m $437.0m
Income Taxes Paid, Net $587.0m $438.0m $951.0m $89.0m $464.0m $1.5b $749.0m $398.0m $649.0m $535.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.