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HP Balance Sheet Statement

Assets, liabilities, and shareholders' equity

HP holds $42.9B in total assets. Shareholders' equity is -$144.0M against $8.9B in total debt. Cash and equivalents total $3.7B. The current ratio is 0.794 and debt-to-equity is -61.50. Based on the Q2 2026 filing.

Total Assets$42.9BTotal Stockholders Equity-$144.0MLong Term Debt$8.9BCash And Equivalents$3.7BTotal Current Assets$24.0BTotal Current Liabilities$30.2B
Latest FilingQ2 2026
Report Date2026-05-27
Market Cap$23.1B
P/E Ratio9.04
ROE-359.58%

Current Liabilities

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Accounts payable$16.5B$15.2B$17.0B$18.1B$18.2B$19.2B
Accrued expenses$1.1B$1.1B$1.2B$1.3B$1.3B—
Accrued Manufacturing Costs$1.1B$1.1B$1.2B$1.3B$1.3B—
Accrued Marketing and Advertising Expenses$2.9B$2.8B$2.9B$3.1B$2.9B—
Accrued Progress Collections and Price Adjustments$1.5B$1.5B$1.6B$1.6B$1.7B—
Contract liabilities$1.5B$1.5B$1.6B$1.6B$1.7B—
Compensation and benefits$1.1B$1.1B$1.2B$1.3B$1.3B—
Other accrued liabilities$9.5B$9.9B$10.1B$10.4B$10.2B—
Current portion of accrued product warranty$457.0M$429.0M$409.0M$401.0M$396.0M—
Current portion of long-term debt$1.4B$1.4B$772.0M$788.0M$807.0M—
Current Portion of Long-Term Debt and Finance Lease Obligations$1.4B$1.4B$772.0M$788.0M$807.0M—
Deferred revenue$1.5B$1.5B$1.5B$1.6B$1.6B—
Derivative Liabilities - Fair Value$98.0M$59.0M$128.0M$143.0M$94.0M—
Derivative Liabilities - Not Offset Policy Election Deduction$98.0M$59.0M$128.0M$143.0M$94.0M—
Derivative Liabilities Offset$98.0M$59.0M$128.0M$143.0M$94.0M—
Derivative liabilities$35.0M$506.0M$242.0M$98.0M$303.0M—
Income taxes payable$281.0M$263.0M$248.0M$297.0M$253.0M—
Note payable to DIRECTV$9.5B$9.9B$10.1B$10.4B$10.2B—
Operating lease liabilities, current$431.0M$413.0M$409.0M$401.0M$420.0M—
Restructuring Reserve$8.0M$6.0M$6.0M—$30.0M—
Short-Term Debt - Weighted-Average Interest Rate5.0%4.9%3.3%3.2%3.5%—
Standard Product Warranty Accrual$516.0M$484.0M$462.0M$452.0M$443.0M—
Supplier Finance Program Obligations$800.0M$600.0M$500.0M$8.9B$8.8B—
Total current liabilities$27.4B$26.6B$27.9B$29.3B$29.3B$30.2B

Current Assets

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Accounts receivable, net$4.2B$4.3B$5.1B$5.7B$5.3B$6.1B
Available-for-Sale Debt Securities - Amortized Cost$18.0M$17.0M$17.0M—$14.0M—
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)$18.0M$17.0M$17.0M—$14.0M—
Available-for-Sale Debt Securities - Fair Value by Maturity$77.0M$72.0M$70.0M—$62.0M—
Available-for-Sale Debt Securities - Single Maturity Date$77.0M$72.0M$70.0M—$62.0M—
Allowance for Doubtful Accounts$84.0M$85.0M$83.0M$83.0M$84.0M—
Allowance for Doubtful Accounts Receivable (Current)$84.0M$85.0M$83.0M$83.0M$84.0M—
Cash and cash equivalents$2.9B$2.7B$2.9B$3.7B$3.2B$3.7B
Total Cash, Cash Equivalents, and Restricted Cash (Inclusive)$2.9B——$3.7B$3.2B—
Finished goods$4.6B$4.5B$4.8B$4.7B$4.7B—
Work in process and raw materials$3.9B$3.7B$3.6B$3.8B$4.0B—
Nontrade Receivables Current$1.8B$1.4B$1.6B$2.0B$2.3B—
Other current assets$4.3B$4.2B$4.2B$4.5B$5.0B—
Derivative Assets - Fair Value$464.0M$66.0M$134.0M$183.0M$99.0M—
Derivative Assets - Net Reduction from Master Netting Arrangements$98.0M$59.0M$128.0M$143.0M$94.0M—
Derivative assets$464.0M$66.0M$134.0M$183.0M$99.0M—
Trading assets$18.0M$17.0M$17.0M—$15.0M—
Finished goods$4.6B$4.5B$4.8B$4.7B$4.7B—
Raw materials$3.9B$3.7B$3.6B$3.8B$4.0B—
Inventories$8.4B$8.2B$8.4B$8.5B$8.7B$9.2B
Net Cash Collateral Received - Derivative Instruments$35.0M$535.0M$343.0M$279.0M$340.0M—
Prepaid expenses and other current assets$1.6B$1.8B$1.6B$1.6B$1.6B—
Prepaid Tax$921.0M$973.0M$978.0M$986.0M$1.0B—
Restricted cash$14.0M$33.0M$3.0M$15.0M$0.0—
Total current assets$19.8B$19.5B$20.6B$22.5B$22.2B$24.0B
Vendor Non-Trade Receivables$1.8B$1.4B$1.6B$2.0B$2.3B—

Non-Current Liabilities

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Accrued Employee Benefits (Non-Current)$588.0M$597.0M$598.0M$564.0M$598.0M—
Contract Liabilities, Non-Current$1.5B$1.5B$1.6B$1.6B$1.7B—
Debt - Unamortized Discount (Premium) and Issuance Costs, Net$44.0M$51.0M$47.0M$46.0M$42.0M—
Defined Benefit Pension Plan Liabilities (Non-Current)$588.0M$597.0M$598.0M$564.0M$598.0M—
Long-term debt$9.7B$10.7B$9.6B$9.7B$9.7B$8.9B
Long-Term Debt - Fair Value$9.4B$10.4B$9.5B$9.6B$9.6B—
Marketing and selling$2.9B$2.8B$2.9B$3.1B$2.9B—
Deferred revenue, net of current portion$1.5B$1.5B$1.6B$1.6B$1.7B—
Liability, Pension and Other Postretirement and Postemployment Benefits, Noncurrent$588.0M$597.0M$598.0M$564.0M$598.0M—
Operating lease liabilities, non-current$781.0M$766.0M$764.0M$815.0M$819.0M—
Other non-current liabilities$4.3B$4.2B$4.1B$4.0B$4.2B—
Secured Borrowings Cash Right to Reclaim$35.0M$535.0M$343.0M$279.0M$340.0M—
Total liabilities———$244.0M$405.0M—
Unrecognized Tax Benefits$1.2B$1.2B$1.0B—$889.0M—
Unrecognized Tax Benefits - Impacting Effective Tax Rate$873.0M$886.0M$707.0M—$671.0M—
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued$145.0M$157.0M$129.0M—$132.0M—

Equity

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Additional paid-in capital$1.9B$2.0B$2.1B$2.1B$2.2B—
Accumulated other comprehensive income (loss)-$204.0M-$843.0M-$641.0M-$457.0M-$654.0M—
Common stock9.6B9.6B9.6B9.6B9.6B—
Common Stock Par Value Per Share$0.01$0.01$0.01$0.01$0.01—
Common Stock Shares Issued945M942M939M921M917M—
Convertible Preferred Stock Authorized Shares300M300M300M300M300M—
Convertible Preferred Stock Issued Shares00000—
Additional paid-in capital$1.9B$2.0B$2.1B$2.1B$2.2B—
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$9.0M$9.0M$9.0M$9.0M$9.0M—
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0$0.0$0.0$0.0$0.0—
Preferred stock$0.0$0.0$0.0$0.0$0.0—
Preferred Stock Par Value Per Share$0.01$0.01$0.01$0.01$0.01—
Retained earnings-$2.8B-$2.4B-$2.4B-$2.0B-$2.3B—
Share Repurchase Authorization Limit$9.2B$9.1B$8.9B—$8.1B—
Share Repurchase Program - Amount Remaining$9.2B$9.1B$8.9B—$8.1B—
Total liabilities and stockholders' equity$38.9B$38.8B$39.9B$41.8B$41.5B—
Total stockholders' equity-$1.1B-$1.3B-$901.0M-$346.0M-$766.0M-$144.0M

Non-Current Assets

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Available-for-Sale Debt Securities - Fair Value (Maturing 1 to 5 Years)$59.0M$55.0M$53.0M—$45.0M—
Deferred tax assets$3.3B$3.5B$3.4B$3.3B$3.4B—
Deferred Tax Assets and Other Non-Current Assets$7.6B$7.7B$7.6B$7.6B$7.5B—
Deposits on Licenses$301.0M$305.0M$317.0M$316.0M$185.0M—
Available-for-sale securities$59.0M$55.0M$53.0M—$47.0M—
Goodwill$8.6B$8.7B$8.7B$8.7B$8.7B—
Intangible assets, net$1.3B$1.2B$1.1B$1.0B$957.0M—
Net Investment in Lease$1.2B$1.1B$1.1B$1.1B$1.1B—
Intangible assets — net$1.3B$1.2B$1.1B$1.0B$957.0M—
Operating lease right-of-use assets$1.2B$1.1B$1.1B$1.1B$1.1B—
Other non-current assets$7.6B$7.7B$7.6B$7.6B$7.5B—
Property, plant and equipment at cost$8.1B$8.3B$8.4B$8.5B$8.6B—
Operating Lease Right-of-Use Assets in Other Assets$1.2B$1.1B$1.1B$1.1B$1.1B—
Other non-current assets$1.2B$1.1B$1.3B$1.4B$1.4B—
Accumulated depreciation$5.2B$5.4B$5.4B$5.4B$5.6B—
Property and equipment, net$2.9B$3.0B$3.0B$3.0B$3.1B—
Software and Technology Licenses, Net$7.6B$7.7B$7.6B$7.6B$7.5B—
Total assets$38.9B$38.8B$39.9B$41.8B$41.5B$42.9B

Other

MetricQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Aggregate Notional Principal Outstanding$21.3B$20.9B$18.3B$19.3B$18.7B—
Cumulative Cost Basis$1.6B$1.7B$1.8B$8.5B$1.1B—
Derivative Notional Amount$21.3B$20.9B$18.3B$19.3B$18.7B—
Fair Value Measurement Disclosure$136.0M$571.0M$377.0M$244.0M$405.0M—
Gross Assets/Liabilities$136.0M$571.0M$377.0M$244.0M$405.0M—
Accounts Receivable, Allowance for Credit Loss$84.0M$85.0M$83.0M$83.0M$84.0M—
Allowance for doubtful accounts$84.0M$85.0M$83.0M$83.0M$84.0M—
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five$59.0M$55.0M$53.0M—$45.0M—
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five$59.0M$55.0M$53.0M—$47.0M—
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Amortized Cost$77.0M$72.0M$70.0M—$59.0M—
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One$18.0M$17.0M$17.0M—$14.0M—
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One$18.0M$17.0M$17.0M—$15.0M—
Gross Unrealized Gain$0.0$0.0$0.0$0.0$0.0—
Cash And Cash Equivalents, Gross Unrealized Losses$0.0$0.0$0.0$0.0$0.0—
Cash and cash equivalents, end of period$2.9B——$3.7B$3.2B—
Cash Equivalents and Available For Sale Securities, Amortized Cost Basis, Excluding Accrued Interest$1.6B$2.1B$2.3B$2.0B$1.3B—
Cash Equivalents and Available For Sale Securities, Fair Value, Excluding Accrued Interest$1.6B$2.1B$2.3B$2.0B$1.3B—
Cash Equivalents and Available For Sale Securities, Accumulated Gross Unrealized Loss, before Tax$0.0$0.0$0.0$0.0$0.0—
Total cash equivalents and available-for-sale investments, gross unrealized gain$69.0M$64.0M$21.0M$27.0M$26.0M—
Cash, held-for-sale———$8.0M——
Common stock, par value (in dollars per share)$0.0$0.0$0.0$0.0$0.0—
Common stock, shares authorized (in shares)$9.6B$9.6B$9.6B$9.6B$9.6B—
Common stock, shares issued (in shares)$945.0M$942.0M$939.0M$921.0M$917.0M—
Common Stock, Shares, Outstanding$945.0M$942.0M$939.0M$921.0M$917.0M—
Contract with Customer, Liability$3.0B$3.0B$3.1B$3.2B$3.3B—
Short-term debt and current portion of long-term debt$1.4B$1.4B$820.0M$845.0M$861.0M—
Fair value adjustment related to hedged debt-$14.0M-$6.0M-$3.0M-$1.0M$0.0—
Debt Instrument, Fair Value Disclosure$9.4B$10.4B$9.5B$9.6B$9.6B—
Debt Securities, Available-For-Sale, Excluding Accrued Interest And Equity Securities, FV-NI, Amortized Cost$116.0M$115.0M$113.0M$107.0M$106.0M—
Gross Unrealized Gain$69.0M$64.0M$21.0M$27.0M$26.0M—
Fair Value$185.0M$179.0M$134.0M$134.0M$132.0M—
Debt Securities, Available-for-sale, Excluding Accrued Interest And Equity Securities, FV-NI, Accumulated Gross Unrealized Loss, Before Tax$0.0$0.0$0.0$0.0$0.0—
Weighted Average Interest Rate (as a percent)$0.1$0.0$0.0$0.0$0.0—
Deferred Tax Assets, Net$3.3B$3.5B$3.4B$3.3B$3.4B—
Deferred Tax Liabilities, Net$49.0M$29.0M$15.0M$16.0M$17.0M—
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset$0.0$0.0$0.0$0.0$0.0—
Derivative, gross, assets$464.0M$66.0M$134.0M$183.0M$99.0M—
Derivative Asset, Including Not Subject to Master Netting Arrangement, after Offset and Deduction$29.0M$7.0M$6.0M$25.0M$5.0M—
Derivatives, gross, liabilities$136.0M$571.0M$377.0M$244.0M$405.0M—
Derivative Liability$136.0M$571.0M$377.0M$244.0M$405.0M—
Derivative Liability, Subject to Master Netting Arrangement, Asset Offset$0.0$0.0$0.0$0.0$0.0—
Derivative Liability, Including Not Subject To Master Netting Arrangement, After Offset And Deduction, Net$3.0M-$23.0M-$94.0M-$178.0M-$29.0M—
Potential reduction in net position of total derivative liabilities$98.0M$59.0M$128.0M$143.0M$94.0M—
Derivative, Net Liability Position, Aggregate Fair Value$35.0M$506.0M$242.0M$98.0M$303.0M—
Notional$21.3B$20.9B$18.3B$19.3B$18.7B—
Less: current maturities$1.4B$1.4B$772.0M$788.0M$807.0M—
Other accrued liabilities$2.3B$2.6B$2.6B$2.3B$2.5B—
Other countries with income tax jurisdiction61.0061.0061.00—60.00—
Other$485.0M$537.0M$524.0M$513.0M$557.0M—
Preferred Stock, Par or Stated Value Per Share$0.0$0.0$0.0$0.0$0.0—
Preferred Stock, Shares Authorized$300.0M$300.0M$300.0M$300.0M$300.0M—
Preferred Stock, Shares Issued$0.0$0.0$0.0$0.0$0.0—
Prepaid pension and post-retirement benefit assets$374.0M$389.0M$402.0M$425.0M$447.0M—
Standard and Extended Product Warranty Accrual$516.0M$484.0M$462.0M$452.0M$443.0M—
Purchase Obligation———$1.1B——
Receivables Sold but Not Collected from Third Party$133.0M$217.0M$120.0M$117.0M$199.0M—
Restructuring Reserve$122.0M$166.0M$181.0M$172.0M$201.0M—
Severance accrual, current$114.0M$160.0M$175.0M—$171.0M—
Restructuring liability – non-current portion$8.0M$6.0M$6.0M—$30.0M—
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied$3.9B$4.0B$4.0B—$4.4B—
Share Repurchase Program, Remaining Authorized, Amount$9.2B$9.1B$8.9B—$8.1B—
Supplier finance program, obligation$8.7B$7.7B$8.6B$8.9B$8.8B—
Supplier finance program, obligation elected to sell——$100.0M$100.0M$100.0M—
Tax liability$873.0M$755.0M$620.0M$496.0M$523.0M—
Employee compensation and benefits$642.0M$743.0M$849.0M$965.0M$749.0M—
Unrecognized tax benefits$1.2B$1.2B$1.0B—$889.0M—
Amount that if recognized, would affect the effective tax rate or regulatory liability$873.0M$886.0M$707.0M—$671.0M—
Unrecorded Unconditional Purchase Obligation, to be Paid, Year Two————$799.0M—
Unrecorded Unconditional Purchase Obligation————$2.4B—
Purchase commitments, Due in 2027————$720.0M—
Unrecorded Unconditional Purchase Obligation, to be Paid, Remainder of Fiscal Year————$515.0M—
Unrecorded Unconditional Purchase Obligation, To Be Paid, After Year Four————$3.0M—
Purchase Obligation———$1.1B——
Cumulative Restructuring Costs Since Inception$1.6B$1.7B$1.8B—$1.1B—
Unrecorded Unconditional Purchase Obligation————$720.0M—