v3.26.1
Supplementary Financial Information (Tables)
 9 Months Ended
Jul. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash and Cash Equivalents
Cash, Cash Equivalents and Restricted Cash
As of
July 31, 2026October 31, 2025
In millions
Cash and cash equivalents$4,169 $3,690 
Restricted cash(1)
— 15 
$4,169 $3,705 
(1)    Restricted cash is related to amounts collected and held on behalf of a third party for trade receivables previously sold.
Schedule of Restricted Cash
Cash, Cash Equivalents and Restricted Cash
As of
July 31, 2026October 31, 2025
In millions
Cash and cash equivalents$4,169 $3,690 
Restricted cash(1)
— 15 
$4,169 $3,705 
(1)    Restricted cash is related to amounts collected and held on behalf of a third party for trade receivables previously sold.
Schedule of Allowance for Credit Losses Related to Accounts Receivable and Changes
The allowance for credit losses related to accounts receivable and changes were as follows:
Nine months ended July 31, 2026
In millions
Balance at beginning of period$83 
Current-period allowance for credit losses(18)
Deductions, net of recoveries(8)
Balance at end of period$57 
Schedule of Trade Receivables Sold and Cash Received
The following is a summary of the activity under these arrangements:
Three months ended July 31Nine months ended July 31
202620252026

2025
In millions
Balance at beginning of period(1)
$289 $217 $117 $284 
Trade receivables sold1,729 3,085 7,153 9,259 
Cash receipts(2,009)(3,184)(7,264)(9,431)
Foreign currency and other(5)2 (2)8 
Balance at end of period(1)
$4 $120 $4 $120 
(1)    Amounts outstanding from third parties reported in Accounts receivable in the Condensed Consolidated Balance Sheets.
Schedule of Inventory
Inventory
As of
July 31, 2026October 31, 2025
In millions
Finished goods$5,958 $4,721 
Purchased parts and fabricated assemblies4,364 3,791 
$10,322 $8,512 
Schedule of Other Current Assets
Other Current Assets
As of
July 31, 2026October 31, 2025
In millions
Supplier and other receivables
$2,468 $1,981 
Prepaid and other current assets
1,486 1,577 
Value-added taxes receivable1,133 986 
$5,087 $4,544 
Schedule of Property, Plant and Equipment, Net
Property, Plant and Equipment, Net
As of
July 31, 2026October 31, 2025
In millions
Land, buildings and leasehold improvements$2,634 $2,619 
Machinery and equipment, including equipment held for lease6,251 5,867 
8,885 8,486 
Accumulated depreciation(5,775)(5,437)
$3,110 $3,049 
Schedule of Other Non-Current Assets
Other Non-Current Assets
As of
July 31, 2026October 31, 2025
In millions
Deferred tax assets$3,413 $3,318 
Right-of-use assets1,086 1,129 
Intangible assets(1)
802 1,012 
Prepaid pension and post-retirement benefit assets(2)
220 425 
Deposits and prepaid187 316 
Other1,411 1,361 
$7,119 $7,561 
(1)    During the three and nine months ended July 31, 2026, the Company incurred impairment charges of $23 million and $55 million related to acquired customer contracts, customer lists and distribution agreements and technology and patents related to the Personal Systems segment.
(2)    Decrease relates to the reclassification of EER benefits to be paid from the U.S. defined pension plan in connection with the Fiscal 2026 Plan. See Note 3 “Restructuring and Other Charges” for further information.
Schedule of Other Current Liabilities
Other Current Liabilities
As of
July 31, 2026October 31, 2025
In millions
Sales and marketing programs$3,476 $3,103 
Deferred revenue1,761 1,609 
Other accrued taxes1,410 1,258 
Employee compensation and benefits1,272 965 
Operating lease liabilities409 401 
Warranty354 401 
Tax liability101 297 
Other2,505 2,328 
$11,288 $10,362 
Schedule of Other Non-Current Liabilities
Other Non-Current Liabilities
As of
July 31, 2026October 31, 2025
In millions
Deferred revenue$1,675 $1,632 
Operating lease liabilities770 815 
Pension, post-retirement, and post-employment liabilities552 564 
Tax liability445 496 
Deferred tax liability18 16 
Other502 513 
$3,962 $4,036 
Schedule of Interest and Other, Net
Interest and Other, Net
Three months ended July 31Nine months ended July 31
202620252026

2025
In millions
Interest expense on borrowings$(96)$(111)$(293)$(329)
Factoring costs(16)(32)(61)(101)
Certain litigation benefits
— 52 — 52 
Non-operating retirement-related credits6 3 28 13 
Other, net12 (4)25 (16)
$(94)$(92)$(301)$(381)
Schedule of Net Revenue by Region
Net Revenue by Region
Three months ended July 31Nine months ended July 31
202620252026

2025
In millions
Americas$6,486 $6,107 $17,921 $17,419 
Europe, Middle East and Africa
5,181 4,502 15,377 13,649 
Asia-Pacific and Japan4,010 3,323 11,225 9,588 
Total net revenue$15,677 $13,932 $44,523 $40,656