0001645590false--10-312020Q26P2YP5YP40Y00016455902019-11-012020-04-30xbrli:shares00016455902020-05-28iso4217:USD0001645590us-gaap:ProductMember2020-02-012020-04-300001645590us-gaap:ProductMember2019-02-012019-04-300001645590us-gaap:ProductMember2019-11-012020-04-300001645590us-gaap:ProductMember2018-11-012019-04-300001645590us-gaap:ServiceMember2020-02-012020-04-300001645590us-gaap:ServiceMember2019-02-012019-04-300001645590us-gaap:ServiceMember2019-11-012020-04-300001645590us-gaap:ServiceMember2018-11-012019-04-3000016455902020-02-012020-04-3000016455902019-02-012019-04-3000016455902018-11-012019-04-30iso4217:USDxbrli:shares00016455902020-04-3000016455902019-10-3100016455902018-10-3100016455902019-04-300001645590us-gaap:CommonStockMember2020-01-310001645590us-gaap:AdditionalPaidInCapitalMember2020-01-310001645590us-gaap:RetainedEarningsMember2020-01-310001645590us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-01-310001645590us-gaap:ParentMember2020-01-310001645590us-gaap:NoncontrollingInterestMember2020-01-310001645590hpe:TotalEquityMember2020-01-310001645590us-gaap:RetainedEarningsMember2020-02-012020-04-300001645590us-gaap:ParentMember2020-02-012020-04-300001645590us-gaap:NoncontrollingInterestMember2020-02-012020-04-300001645590hpe:TotalEquityMember2020-02-012020-04-300001645590us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-02-012020-04-300001645590us-gaap:AdditionalPaidInCapitalMember2020-02-012020-04-300001645590us-gaap:CommonStockMember2020-02-012020-04-300001645590us-gaap:CommonStockMember2020-04-300001645590us-gaap:AdditionalPaidInCapitalMember2020-04-300001645590us-gaap:RetainedEarningsMember2020-04-300001645590us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-04-300001645590us-gaap:ParentMember2020-04-300001645590us-gaap:NoncontrollingInterestMember2020-04-300001645590hpe:TotalEquityMember2020-04-300001645590us-gaap:CommonStockMember2019-10-310001645590us-gaap:AdditionalPaidInCapitalMember2019-10-310001645590us-gaap:RetainedEarningsMember2019-10-310001645590us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-10-310001645590us-gaap:ParentMember2019-10-310001645590us-gaap:NoncontrollingInterestMember2019-10-310001645590hpe:TotalEquityMember2019-10-310001645590us-gaap:RetainedEarningsMember2019-11-012020-04-300001645590us-gaap:ParentMember2019-11-012020-04-300001645590us-gaap:NoncontrollingInterestMember2019-11-012020-04-300001645590hpe:TotalEquityMember2019-11-012020-04-300001645590us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-11-012020-04-300001645590us-gaap:AdditionalPaidInCapitalMember2019-11-012020-04-300001645590us-gaap:CommonStockMember2019-11-012020-04-300001645590hpe:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:RetainedEarningsMember2020-04-300001645590hpe:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccumulatedOtherComprehensiveIncomeMember2020-04-300001645590hpe:CumulativeEffectPeriodOfAdoptionAdjustmentMember2020-04-300001645590us-gaap:CommonStockMember2019-01-310001645590us-gaap:AdditionalPaidInCapitalMember2019-01-310001645590us-gaap:RetainedEarningsMember2019-01-310001645590us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-01-310001645590us-gaap:ParentMember2019-01-310001645590us-gaap:NoncontrollingInterestMember2019-01-310001645590hpe:TotalEquityMember2019-01-310001645590us-gaap:RetainedEarningsMember2019-02-012019-04-300001645590us-gaap:ParentMember2019-02-012019-04-300001645590us-gaap:NoncontrollingInterestMember2019-02-012019-04-300001645590hpe:TotalEquityMember2019-02-012019-04-300001645590us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-02-012019-04-300001645590us-gaap:AdditionalPaidInCapitalMember2019-02-012019-04-300001645590us-gaap:CommonStockMember2019-02-012019-04-300001645590us-gaap:CommonStockMember2019-04-300001645590us-gaap:AdditionalPaidInCapitalMember2019-04-300001645590us-gaap:RetainedEarningsMember2019-04-300001645590us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-04-300001645590us-gaap:ParentMember2019-04-300001645590us-gaap:NoncontrollingInterestMember2019-04-300001645590hpe:TotalEquityMember2019-04-300001645590us-gaap:CommonStockMember2018-10-310001645590us-gaap:AdditionalPaidInCapitalMember2018-10-310001645590us-gaap:RetainedEarningsMember2018-10-310001645590us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-10-310001645590us-gaap:ParentMember2018-10-310001645590us-gaap:NoncontrollingInterestMember2018-10-310001645590hpe:TotalEquityMember2018-10-310001645590us-gaap:RetainedEarningsMember2018-11-012019-04-300001645590us-gaap:ParentMember2018-11-012019-04-300001645590us-gaap:NoncontrollingInterestMember2018-11-012019-04-300001645590hpe:TotalEquityMember2018-11-012019-04-300001645590us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-11-012019-04-300001645590us-gaap:AdditionalPaidInCapitalMember2018-11-012019-04-300001645590us-gaap:CommonStockMember2018-11-012019-04-300001645590hpe:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:RetainedEarningsMember2019-04-300001645590us-gaap:ParentMemberhpe:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-04-300001645590hpe:TotalEquityMemberhpe:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-04-300001645590us-gaap:AccountingStandardsUpdate201616Memberus-gaap:RetainedEarningsMemberhpe:CumulativeEffectPeriodOfAdoptionAdjustmentMember2018-10-310001645590us-gaap:AccountingStandardsUpdate201409Memberhpe:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-04-300001645590us-gaap:SubsequentEventMemberhpe:CostOptimizationAndPrioritizationPlanMember2020-05-190001645590us-gaap:SubsequentEventMemberhpe:CostOptimizationAndPrioritizationPlanMembersrt:MinimumMember2020-05-190001645590srt:MaximumMemberus-gaap:SubsequentEventMemberhpe:CostOptimizationAndPrioritizationPlanMember2020-05-19hpe:segment0001645590us-gaap:AccountingStandardsUpdate201802Memberus-gaap:RetainedEarningsMemberhpe:CumulativeEffectPeriodOfAdoptionAdjustmentMember2020-01-310001645590us-gaap:AccountingStandardsUpdate201802Memberhpe:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:AccumulatedOtherComprehensiveIncomeMember2020-01-310001645590us-gaap:AccountingStandardsUpdate201602Member2019-11-010001645590hpe:ComputeSegmentMember2020-02-012020-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMember2020-02-012020-04-300001645590hpe:StorageSegmentMember2020-02-012020-04-300001645590hpe:AdvisoryandProfessionalServicesSegmentMember2020-02-012020-04-300001645590hpe:IntelligentEdgeMember2020-02-012020-04-300001645590hpe:FinancialServicesMember2020-02-012020-04-300001645590hpe:CorporateInvestmentsMember2020-02-012020-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:ComputeSegmentMember2020-02-012020-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMemberus-gaap:IntersegmentEliminationMember2020-02-012020-04-300001645590hpe:StorageSegmentMemberus-gaap:IntersegmentEliminationMember2020-02-012020-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:AdvisoryandProfessionalServicesSegmentMember2020-02-012020-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:IntelligentEdgeMember2020-02-012020-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:FinancialServicesMember2020-02-012020-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:CorporateInvestmentsMember2020-02-012020-04-300001645590us-gaap:IntersegmentEliminationMember2020-02-012020-04-300001645590hpe:ComputeSegmentMemberus-gaap:OperatingSegmentsMember2020-02-012020-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMemberus-gaap:OperatingSegmentsMember2020-02-012020-04-300001645590hpe:StorageSegmentMemberus-gaap:OperatingSegmentsMember2020-02-012020-04-300001645590us-gaap:OperatingSegmentsMemberhpe:AdvisoryandProfessionalServicesSegmentMember2020-02-012020-04-300001645590us-gaap:OperatingSegmentsMemberhpe:IntelligentEdgeMember2020-02-012020-04-300001645590us-gaap:OperatingSegmentsMemberhpe:FinancialServicesMember2020-02-012020-04-300001645590us-gaap:OperatingSegmentsMemberhpe:CorporateInvestmentsMember2020-02-012020-04-300001645590us-gaap:OperatingSegmentsMember2020-02-012020-04-300001645590hpe:ComputeSegmentMember2019-02-012019-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMember2019-02-012019-04-300001645590hpe:StorageSegmentMember2019-02-012019-04-300001645590hpe:AdvisoryandProfessionalServicesSegmentMember2019-02-012019-04-300001645590hpe:IntelligentEdgeMember2019-02-012019-04-300001645590hpe:FinancialServicesMember2019-02-012019-04-300001645590hpe:CorporateInvestmentsMember2019-02-012019-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:ComputeSegmentMember2019-02-012019-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMemberus-gaap:IntersegmentEliminationMember2019-02-012019-04-300001645590hpe:StorageSegmentMemberus-gaap:IntersegmentEliminationMember2019-02-012019-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:AdvisoryandProfessionalServicesSegmentMember2019-02-012019-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:IntelligentEdgeMember2019-02-012019-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:FinancialServicesMember2019-02-012019-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:CorporateInvestmentsMember2019-02-012019-04-300001645590us-gaap:IntersegmentEliminationMember2019-02-012019-04-300001645590hpe:ComputeSegmentMemberus-gaap:OperatingSegmentsMember2019-02-012019-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMemberus-gaap:OperatingSegmentsMember2019-02-012019-04-300001645590hpe:StorageSegmentMemberus-gaap:OperatingSegmentsMember2019-02-012019-04-300001645590us-gaap:OperatingSegmentsMemberhpe:AdvisoryandProfessionalServicesSegmentMember2019-02-012019-04-300001645590us-gaap:OperatingSegmentsMemberhpe:IntelligentEdgeMember2019-02-012019-04-300001645590us-gaap:OperatingSegmentsMemberhpe:FinancialServicesMember2019-02-012019-04-300001645590us-gaap:OperatingSegmentsMemberhpe:CorporateInvestmentsMember2019-02-012019-04-300001645590us-gaap:OperatingSegmentsMember2019-02-012019-04-300001645590hpe:ComputeSegmentMember2019-11-012020-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMember2019-11-012020-04-300001645590hpe:StorageSegmentMember2019-11-012020-04-300001645590hpe:AdvisoryandProfessionalServicesSegmentMember2019-11-012020-04-300001645590hpe:IntelligentEdgeMember2019-11-012020-04-300001645590hpe:FinancialServicesMember2019-11-012020-04-300001645590hpe:CorporateInvestmentsMember2019-11-012020-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:ComputeSegmentMember2019-11-012020-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMemberus-gaap:IntersegmentEliminationMember2019-11-012020-04-300001645590hpe:StorageSegmentMemberus-gaap:IntersegmentEliminationMember2019-11-012020-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:AdvisoryandProfessionalServicesSegmentMember2019-11-012020-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:IntelligentEdgeMember2019-11-012020-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:FinancialServicesMember2019-11-012020-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:CorporateInvestmentsMember2019-11-012020-04-300001645590us-gaap:IntersegmentEliminationMember2019-11-012020-04-300001645590hpe:ComputeSegmentMemberus-gaap:OperatingSegmentsMember2019-11-012020-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMemberus-gaap:OperatingSegmentsMember2019-11-012020-04-300001645590hpe:StorageSegmentMemberus-gaap:OperatingSegmentsMember2019-11-012020-04-300001645590us-gaap:OperatingSegmentsMemberhpe:AdvisoryandProfessionalServicesSegmentMember2019-11-012020-04-300001645590us-gaap:OperatingSegmentsMemberhpe:IntelligentEdgeMember2019-11-012020-04-300001645590us-gaap:OperatingSegmentsMemberhpe:FinancialServicesMember2019-11-012020-04-300001645590us-gaap:OperatingSegmentsMemberhpe:CorporateInvestmentsMember2019-11-012020-04-300001645590us-gaap:OperatingSegmentsMember2019-11-012020-04-300001645590hpe:ComputeSegmentMember2018-11-012019-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMember2018-11-012019-04-300001645590hpe:StorageSegmentMember2018-11-012019-04-300001645590hpe:AdvisoryandProfessionalServicesSegmentMember2018-11-012019-04-300001645590hpe:IntelligentEdgeMember2018-11-012019-04-300001645590hpe:FinancialServicesMember2018-11-012019-04-300001645590hpe:CorporateInvestmentsMember2018-11-012019-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:ComputeSegmentMember2018-11-012019-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMemberus-gaap:IntersegmentEliminationMember2018-11-012019-04-300001645590hpe:StorageSegmentMemberus-gaap:IntersegmentEliminationMember2018-11-012019-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:AdvisoryandProfessionalServicesSegmentMember2018-11-012019-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:IntelligentEdgeMember2018-11-012019-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:FinancialServicesMember2018-11-012019-04-300001645590us-gaap:IntersegmentEliminationMemberhpe:CorporateInvestmentsMember2018-11-012019-04-300001645590us-gaap:IntersegmentEliminationMember2018-11-012019-04-300001645590hpe:ComputeSegmentMemberus-gaap:OperatingSegmentsMember2018-11-012019-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMemberus-gaap:OperatingSegmentsMember2018-11-012019-04-300001645590hpe:StorageSegmentMemberus-gaap:OperatingSegmentsMember2018-11-012019-04-300001645590us-gaap:OperatingSegmentsMemberhpe:AdvisoryandProfessionalServicesSegmentMember2018-11-012019-04-300001645590us-gaap:OperatingSegmentsMemberhpe:IntelligentEdgeMember2018-11-012019-04-300001645590us-gaap:OperatingSegmentsMemberhpe:FinancialServicesMember2018-11-012019-04-300001645590us-gaap:OperatingSegmentsMemberhpe:CorporateInvestmentsMember2018-11-012019-04-300001645590us-gaap:OperatingSegmentsMember2018-11-012019-04-300001645590us-gaap:MaterialReconcilingItemsMember2020-02-012020-04-300001645590us-gaap:MaterialReconcilingItemsMember2019-02-012019-04-300001645590us-gaap:MaterialReconcilingItemsMember2019-11-012020-04-300001645590us-gaap:MaterialReconcilingItemsMember2018-11-012019-04-300001645590hpe:ComputeSegmentMemberus-gaap:OperatingSegmentsMember2020-04-300001645590hpe:ComputeSegmentMemberus-gaap:OperatingSegmentsMember2019-10-310001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMemberus-gaap:OperatingSegmentsMember2020-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMemberus-gaap:OperatingSegmentsMember2019-10-310001645590hpe:StorageSegmentMemberus-gaap:OperatingSegmentsMember2020-04-300001645590hpe:StorageSegmentMemberus-gaap:OperatingSegmentsMember2019-10-310001645590us-gaap:OperatingSegmentsMemberhpe:AdvisoryandProfessionalServicesSegmentMember2020-04-300001645590us-gaap:OperatingSegmentsMemberhpe:AdvisoryandProfessionalServicesSegmentMember2019-10-310001645590us-gaap:OperatingSegmentsMemberhpe:IntelligentEdgeMember2020-04-300001645590us-gaap:OperatingSegmentsMemberhpe:IntelligentEdgeMember2019-10-310001645590us-gaap:OperatingSegmentsMemberhpe:FinancialServicesMember2020-04-300001645590us-gaap:OperatingSegmentsMemberhpe:FinancialServicesMember2019-10-310001645590us-gaap:OperatingSegmentsMemberhpe:CorporateInvestmentsMember2020-04-300001645590us-gaap:OperatingSegmentsMemberhpe:CorporateInvestmentsMember2019-10-310001645590us-gaap:CorporateNonSegmentMember2020-04-300001645590us-gaap:CorporateNonSegmentMember2019-10-310001645590country:US2020-02-012020-04-300001645590country:US2019-02-012019-04-300001645590country:US2019-11-012020-04-300001645590country:US2018-11-012019-04-300001645590hpe:AmericasExcludingUnitedStatesMember2020-02-012020-04-300001645590hpe:AmericasExcludingUnitedStatesMember2019-02-012019-04-300001645590hpe:AmericasExcludingUnitedStatesMember2019-11-012020-04-300001645590hpe:AmericasExcludingUnitedStatesMember2018-11-012019-04-300001645590srt:AmericasMember2020-02-012020-04-300001645590srt:AmericasMember2019-02-012019-04-300001645590srt:AmericasMember2019-11-012020-04-300001645590srt:AmericasMember2018-11-012019-04-300001645590us-gaap:EMEAMember2020-02-012020-04-300001645590us-gaap:EMEAMember2019-02-012019-04-300001645590us-gaap:EMEAMember2019-11-012020-04-300001645590us-gaap:EMEAMember2018-11-012019-04-300001645590hpe:AsiaPacificandJapanMember2020-02-012020-04-300001645590hpe:AsiaPacificandJapanMember2019-02-012019-04-300001645590hpe:AsiaPacificandJapanMember2019-11-012020-04-300001645590hpe:AsiaPacificandJapanMember2018-11-012019-04-300001645590hpe:HPENextMember2020-02-012020-04-300001645590hpe:HPENextMember2019-11-012020-04-300001645590hpe:HPENextMember2019-02-012019-04-300001645590hpe:HPENextMember2018-11-012019-04-300001645590hpe:TransformationCostsMemberhpe:HPENextMember2019-02-012019-04-300001645590hpe:TransformationCostsMemberhpe:HPENextMember2018-11-012019-04-300001645590hpe:HPENextMemberhpe:NonServiceNetPeriodicBenefitCreditMember2019-02-012019-04-300001645590hpe:HPENextMemberhpe:NonServiceNetPeriodicBenefitCreditMember2018-11-012019-04-300001645590us-gaap:EmployeeSeveranceMemberhpe:HPENextMember2019-10-310001645590hpe:HPENextMemberhpe:InfrastructureAndOtherRestructuringItemsMember2019-10-310001645590us-gaap:EmployeeSeveranceMemberhpe:HPENextMember2019-11-012020-04-300001645590hpe:HPENextMemberhpe:InfrastructureAndOtherRestructuringItemsMember2019-11-012020-04-300001645590us-gaap:EmployeeSeveranceMemberhpe:HPENextMember2020-04-300001645590hpe:HPENextMemberhpe:InfrastructureAndOtherRestructuringItemsMember2020-04-300001645590hpe:HPENextMember2020-04-300001645590hpe:HPENextMember2019-10-310001645590us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2020-02-012020-04-300001645590us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2019-02-012019-04-300001645590us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2019-11-012020-04-300001645590us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2018-11-012019-04-30xbrli:pure0001645590country:INus-gaap:ForeignCountryMember2020-02-012020-04-300001645590country:INus-gaap:ForeignCountryMember2019-11-012020-04-300001645590us-gaap:LandMember2020-04-300001645590us-gaap:LandMember2019-10-310001645590hpe:BuildingsandLeaseholdImprovementsMember2020-04-300001645590hpe:BuildingsandLeaseholdImprovementsMember2019-10-3100016455902020-05-012020-04-300001645590srt:MinimumMember2020-04-300001645590srt:MaximumMember2020-04-300001645590us-gaap:RiskLevelLowMember2020-04-300001645590us-gaap:RiskLevelLowMember2019-10-310001645590us-gaap:RiskLevelMediumMember2020-04-300001645590us-gaap:RiskLevelMediumMember2019-10-310001645590us-gaap:RiskLevelHighMember2020-04-300001645590us-gaap:RiskLevelHighMember2019-10-3100016455902018-11-012019-10-310001645590us-gaap:AssetsLeasedToOthersMember2020-04-300001645590us-gaap:VariableInterestEntityPrimaryBeneficiaryMember2020-04-300001645590us-gaap:VariableInterestEntityPrimaryBeneficiaryMember2019-10-310001645590hpe:ComputeSegmentMember2019-10-310001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMember2019-10-310001645590hpe:StorageSegmentMember2019-10-310001645590hpe:IntelligentEdgeMember2019-10-310001645590hpe:FinancialServicesMember2019-10-310001645590hpe:ComputeSegmentMember2020-04-300001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMember2020-04-300001645590hpe:StorageSegmentMember2020-04-300001645590hpe:IntelligentEdgeMember2020-04-300001645590hpe:FinancialServicesMember2020-04-300001645590us-gaap:BankTimeDepositsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-04-300001645590us-gaap:BankTimeDepositsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2020-04-300001645590us-gaap:BankTimeDepositsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-04-300001645590us-gaap:BankTimeDepositsMemberus-gaap:FairValueMeasurementsRecurringMember2020-04-300001645590us-gaap:BankTimeDepositsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2019-10-310001645590us-gaap:BankTimeDepositsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2019-10-310001645590us-gaap:BankTimeDepositsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2019-10-310001645590us-gaap:BankTimeDepositsMemberus-gaap:FairValueMeasurementsRecurringMember2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel1Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:MoneyMarketFundsMember2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MoneyMarketFundsMember2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:MoneyMarketFundsMember2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel1Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:MoneyMarketFundsMember2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MoneyMarketFundsMember2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:MoneyMarketFundsMember2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignGovernmentDebtMemberus-gaap:FairValueInputsLevel1Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignGovernmentDebtMemberus-gaap:FairValueInputsLevel2Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignGovernmentDebtMemberus-gaap:FairValueInputsLevel3Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignGovernmentDebtMember2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignGovernmentDebtMemberus-gaap:FairValueInputsLevel1Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignGovernmentDebtMemberus-gaap:FairValueInputsLevel2Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignGovernmentDebtMemberus-gaap:FairValueInputsLevel3Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignGovernmentDebtMember2019-10-310001645590us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-04-300001645590us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2020-04-300001645590us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-04-300001645590us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2020-04-300001645590us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2019-10-310001645590us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2019-10-310001645590us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2019-10-310001645590us-gaap:OtherDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateContractMemberus-gaap:FairValueInputsLevel1Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateContractMemberus-gaap:FairValueInputsLevel2Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMember2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateContractMember2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateContractMemberus-gaap:FairValueInputsLevel1Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateContractMemberus-gaap:FairValueInputsLevel2Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateContractMember2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateContractMember2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignExchangeContractMemberus-gaap:FairValueInputsLevel1Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:ForeignExchangeContractMember2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:ForeignExchangeContractMember2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignExchangeContractMember2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignExchangeContractMemberus-gaap:FairValueInputsLevel1Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:ForeignExchangeContractMember2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:ForeignExchangeContractMember2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignExchangeContractMember2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:OtherContractMemberus-gaap:FairValueInputsLevel1Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:OtherContractMemberus-gaap:FairValueInputsLevel2Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:OtherContractMemberus-gaap:FairValueInputsLevel3Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:OtherContractMember2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:OtherContractMemberus-gaap:FairValueInputsLevel1Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:OtherContractMemberus-gaap:FairValueInputsLevel2Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:OtherContractMemberus-gaap:FairValueInputsLevel3Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:OtherContractMember2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMember2020-04-300001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2019-10-310001645590us-gaap:FairValueMeasurementsRecurringMember2019-10-310001645590us-gaap:EstimateOfFairValueFairValueDisclosureMember2020-04-300001645590us-gaap:EstimateOfFairValueFairValueDisclosureMember2019-10-310001645590us-gaap:CarryingReportedAmountFairValueDisclosureMember2020-04-300001645590us-gaap:CarryingReportedAmountFairValueDisclosureMember2019-10-310001645590hpe:HighPerformanceComputeandMissionCriticalSystemsSegmentMemberus-gaap:FairValueInputsLevel3Member2020-02-012020-04-300001645590us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:BankTimeDepositsMember2020-04-300001645590us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:BankTimeDepositsMember2020-04-300001645590us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:BankTimeDepositsMember2019-10-310001645590us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:BankTimeDepositsMember2019-10-310001645590us-gaap:MoneyMarketFundsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2020-04-300001645590us-gaap:MoneyMarketFundsMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2020-04-300001645590us-gaap:MoneyMarketFundsMemberus-gaap:CarryingReportedAmountFairValueDisclosureMember2019-10-310001645590us-gaap:MoneyMarketFundsMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2019-10-310001645590us-gaap:ForeignGovernmentDebtMember2020-04-300001645590us-gaap:ForeignGovernmentDebtMember2019-10-310001645590us-gaap:OtherDebtSecuritiesMember2020-04-300001645590us-gaap:OtherDebtSecuritiesMember2019-10-310001645590us-gaap:DebtSecuritiesMember2020-04-300001645590us-gaap:DebtSecuritiesMember2019-10-310001645590hpe:EquitySecuritiesInPrivatelyHeldCompaniesMemberus-gaap:OtherNoncurrentAssetsMember2020-04-300001645590hpe:EquitySecuritiesInPrivatelyHeldCompaniesMemberus-gaap:OtherNoncurrentAssetsMember2019-10-310001645590us-gaap:FairValueHedgingMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:FairValueHedgingMemberus-gaap:InterestRateContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:FairValueHedgingMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMember2020-04-300001645590us-gaap:FairValueHedgingMemberus-gaap:InterestRateContractMemberus-gaap:OtherCurrentLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:FairValueHedgingMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2020-04-300001645590us-gaap:FairValueHedgingMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:FairValueHedgingMemberus-gaap:InterestRateContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:FairValueHedgingMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMember2019-10-310001645590us-gaap:FairValueHedgingMemberus-gaap:InterestRateContractMemberus-gaap:OtherCurrentLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:FairValueHedgingMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2019-10-310001645590us-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMember2020-04-300001645590us-gaap:OtherCurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2020-04-300001645590us-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMember2019-10-310001645590us-gaap:OtherCurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:CashFlowHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2019-10-310001645590us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberus-gaap:OtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMember2020-04-300001645590us-gaap:InterestRateContractMemberus-gaap:OtherCurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2020-04-300001645590us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberus-gaap:OtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMember2019-10-310001645590us-gaap:InterestRateContractMemberus-gaap:OtherCurrentLiabilitiesMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:InterestRateContractMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2019-10-310001645590us-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMember2020-04-300001645590us-gaap:NetInvestmentHedgingMemberus-gaap:OtherCurrentLiabilitiesMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2020-04-300001645590us-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMember2019-10-310001645590us-gaap:NetInvestmentHedgingMemberus-gaap:OtherCurrentLiabilitiesMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:NetInvestmentHedgingMemberus-gaap:ForeignExchangeContractMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2019-10-310001645590us-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:OtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMember2020-04-300001645590us-gaap:OtherCurrentLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-04-300001645590us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2020-04-300001645590us-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:OtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMember2019-10-310001645590us-gaap:OtherCurrentLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-10-310001645590us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2019-10-310001645590us-gaap:ForeignExchangeContractMemberus-gaap:NondesignatedMember2020-04-300001645590us-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2020-04-300001645590us-gaap:ForeignExchangeContractMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:NondesignatedMember2020-04-300001645590us-gaap:OtherCurrentLiabilitiesMemberus-gaap:ForeignExchangeContractMemberus-gaap:NondesignatedMember2020-04-300001645590us-gaap:ForeignExchangeContractMemberus-gaap:NondesignatedMemberus-gaap:OtherNoncurrentLiabilitiesMember2020-04-300001645590us-gaap:ForeignExchangeContractMemberus-gaap:NondesignatedMember2019-10-310001645590us-gaap:ForeignExchangeContractMemberus-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2019-10-310001645590us-gaap:ForeignExchangeContractMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:NondesignatedMember2019-10-310001645590us-gaap:OtherCurrentLiabilitiesMemberus-gaap:ForeignExchangeContractMemberus-gaap:NondesignatedMember2019-10-310001645590us-gaap:ForeignExchangeContractMemberus-gaap:NondesignatedMemberus-gaap:OtherNoncurrentLiabilitiesMember2019-10-310001645590us-gaap:NondesignatedMemberus-gaap:OtherContractMember2020-04-300001645590us-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMemberus-gaap:OtherContractMember2020-04-300001645590us-gaap:OtherNoncurrentAssetsMemberus-gaap:NondesignatedMemberus-gaap:OtherContractMember2020-04-300001645590us-gaap:OtherCurrentLiabilitiesMemberus-gaap:NondesignatedMemberus-gaap:OtherContractMember2020-04-300001645590us-gaap:NondesignatedMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:OtherContractMember2020-04-300001645590us-gaap:NondesignatedMemberus-gaap:OtherContractMember2019-10-310001645590us-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMemberus-gaap:OtherContractMember2019-10-310001645590us-gaap:OtherNoncurrentAssetsMemberus-gaap:NondesignatedMemberus-gaap:OtherContractMember2019-10-310001645590us-gaap:OtherCurrentLiabilitiesMemberus-gaap:NondesignatedMemberus-gaap:OtherContractMember2019-10-310001645590us-gaap:NondesignatedMemberus-gaap:OtherNoncurrentLiabilitiesMemberus-gaap:OtherContractMember2019-10-310001645590us-gaap:NondesignatedMember2020-04-300001645590us-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2020-04-300001645590us-gaap:OtherNoncurrentAssetsMemberus-gaap:NondesignatedMember2020-04-300001645590us-gaap:OtherCurrentLiabilitiesMemberus-gaap:NondesignatedMember2020-04-300001645590us-gaap:NondesignatedMemberus-gaap:OtherNoncurrentLiabilitiesMember2020-04-300001645590us-gaap:NondesignatedMember2019-10-310001645590us-gaap:OtherCurrentAssetsMemberus-gaap:NondesignatedMember2019-10-310001645590us-gaap:OtherNoncurrentAssetsMemberus-gaap:NondesignatedMember2019-10-310001645590us-gaap:OtherCurrentLiabilitiesMemberus-gaap:NondesignatedMember2019-10-310001645590us-gaap:NondesignatedMemberus-gaap:OtherNoncurrentLiabilitiesMember2019-10-310001645590us-gaap:OtherCurrentAssetsMember2020-04-300001645590us-gaap:OtherNoncurrentAssetsMember2020-04-300001645590us-gaap:OtherCurrentLiabilitiesMember2020-04-300001645590us-gaap:OtherNoncurrentLiabilitiesMember2020-04-300001645590us-gaap:OtherCurrentAssetsMember2019-10-310001645590us-gaap:OtherNoncurrentAssetsMember2019-10-310001645590us-gaap:OtherCurrentLiabilitiesMember2019-10-310001645590us-gaap:OtherNoncurrentLiabilitiesMember2019-10-31hpe:business_days0001645590hpe:DebtCurrentMember2020-04-300001645590hpe:DebtCurrentMember2019-10-310001645590hpe:LongtermDebtandLeaseObligationMember2020-04-300001645590hpe:LongtermDebtandLeaseObligationMember2019-10-310001645590us-gaap:ForeignExchangeContractMember2020-02-012020-04-300001645590us-gaap:ForeignExchangeContractMember2019-02-012019-04-300001645590us-gaap:ForeignExchangeContractMember2019-11-012020-04-300001645590us-gaap:ForeignExchangeContractMember2018-11-012019-04-300001645590us-gaap:InterestRateContractMember2020-02-012020-04-300001645590us-gaap:InterestRateContractMember2019-02-012019-04-300001645590us-gaap:InterestRateContractMember2019-11-012020-04-300001645590us-gaap:InterestRateContractMember2018-11-012019-04-300001645590us-gaap:InterestRateContractMemberhpe:RevenuesMember2020-02-012020-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:InterestRateContractMember2020-02-012020-04-300001645590us-gaap:InterestRateContractMemberhpe:RevenuesMember2019-02-012019-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:InterestRateContractMember2019-02-012019-04-300001645590us-gaap:InterestRateContractMemberhpe:RevenuesMember2019-11-012020-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:InterestRateContractMember2019-11-012020-04-300001645590us-gaap:InterestRateContractMemberhpe:RevenuesMember2018-11-012019-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:InterestRateContractMember2018-11-012019-04-300001645590us-gaap:InterestRateContractMemberhpe:RevenuesMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-02-012020-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-02-012020-04-300001645590us-gaap:InterestRateContractMemberhpe:RevenuesMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-02-012019-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-02-012019-04-300001645590us-gaap:InterestRateContractMemberhpe:RevenuesMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-11-012020-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-11-012020-04-300001645590us-gaap:InterestRateContractMemberhpe:RevenuesMemberus-gaap:DesignatedAsHedgingInstrumentMember2018-11-012019-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:InterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2018-11-012019-04-300001645590hpe:RevenuesMemberus-gaap:ForeignExchangeContractMember2020-02-012020-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:ForeignExchangeContractMember2020-02-012020-04-300001645590hpe:RevenuesMemberus-gaap:ForeignExchangeContractMember2019-02-012019-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:ForeignExchangeContractMember2019-02-012019-04-300001645590hpe:RevenuesMemberus-gaap:ForeignExchangeContractMember2019-11-012020-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:ForeignExchangeContractMember2019-11-012020-04-300001645590hpe:RevenuesMemberus-gaap:ForeignExchangeContractMember2018-11-012019-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:ForeignExchangeContractMember2018-11-012019-04-300001645590hpe:RevenuesMemberus-gaap:OtherContractMember2020-02-012020-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:OtherContractMember2020-02-012020-04-300001645590hpe:RevenuesMemberus-gaap:OtherContractMember2019-02-012019-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:OtherContractMember2019-02-012019-04-300001645590hpe:RevenuesMemberus-gaap:OtherContractMember2019-11-012020-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:OtherContractMember2019-11-012020-04-300001645590hpe:RevenuesMemberus-gaap:OtherContractMember2018-11-012019-04-300001645590us-gaap:NonoperatingIncomeExpenseMemberus-gaap:OtherContractMember2018-11-012019-04-300001645590hpe:RevenuesMember2020-02-012020-04-300001645590us-gaap:NonoperatingIncomeExpenseMember2020-02-012020-04-300001645590hpe:RevenuesMember2019-02-012019-04-300001645590us-gaap:NonoperatingIncomeExpenseMember2019-02-012019-04-300001645590hpe:RevenuesMember2019-11-012020-04-300001645590us-gaap:NonoperatingIncomeExpenseMember2019-11-012020-04-300001645590hpe:RevenuesMember2018-11-012019-04-300001645590us-gaap:NonoperatingIncomeExpenseMember2018-11-012019-04-300001645590us-gaap:AssetBackedSecuritiesMemberhpe:February2020AssetBackedSecuritiesMember2020-02-29hpe:tranche0001645590us-gaap:AssetBackedSecuritiesMemberhpe:February2020AssetBackedSecuritiesMember2020-02-012020-02-290001645590us-gaap:AssetBackedSecuritiesMemberhpe:February2020AssetBackedSecuritiesMember2020-04-300001645590hpe:September2019AssetBackedSecuritiesMemberus-gaap:AssetBackedSecuritiesMember2019-09-300001645590hpe:September2019AssetBackedSecuritiesMemberus-gaap:AssetBackedSecuritiesMember2019-09-302019-09-300001645590hpe:September2019AssetBackedSecuritiesMemberus-gaap:AssetBackedSecuritiesMember2020-04-300001645590hpe:FourPointFourFivePercentSeniorNotesDueOctober2023Memberus-gaap:SeniorNotesMember2020-04-090001645590hpe:FourPointSixFivePercentSeniorNotesDueOctober2024Memberus-gaap:SeniorNotesMember2020-04-090001645590srt:ScenarioForecastMember2020-10-012020-10-310001645590hpe:ThreePointSixPercentSeniorNotesDueOctober2020Memberus-gaap:SeniorNotesMembersrt:ScenarioForecastMember2020-10-310001645590us-gaap:CommercialPaperMember2020-04-300001645590us-gaap:CommercialPaperMember2020-03-310001645590us-gaap:CommercialPaperMember2020-02-290001645590hpe:EuroCommercialPaperProgramMemberus-gaap:CommercialPaperMember2020-04-300001645590hpe:EuroCommercialPaperCertificateofDepositProgrammeMemberus-gaap:CommercialPaperMember2020-04-300001645590us-gaap:CommercialPaperMember2019-10-310001645590hpe:HewlettPackardEnterpriseMemberhpe:EuroCommercialPaperCertificateofDepositProgrammeMemberus-gaap:CommercialPaperMember2020-04-300001645590hpe:HewlettPackardEnterpriseMemberhpe:EuroCommercialPaperCertificateofDepositProgrammeMemberus-gaap:CommercialPaperMember2019-10-310001645590us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2020-02-012020-04-300001645590us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2019-02-012019-04-300001645590us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2019-11-012020-04-300001645590us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2018-11-012019-04-300001645590us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2020-02-012020-04-300001645590us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2019-02-012019-04-300001645590us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2019-11-012020-04-300001645590us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember2018-11-012019-04-300001645590hpe:AccumulatedDefinedBenefitPlansAdjustmentActuarialGainLossAndNetPriorServiceCostBenefitPortionAttributabletoParentMember2020-02-012020-04-300001645590hpe:AccumulatedDefinedBenefitPlansAdjustmentActuarialGainLossAndNetPriorServiceCostBenefitPortionAttributabletoParentMember2019-02-012019-04-300001645590hpe:AccumulatedDefinedBenefitPlansAdjustmentActuarialGainLossAndNetPriorServiceCostBenefitPortionAttributabletoParentMember2019-11-012020-04-300001645590hpe:AccumulatedDefinedBenefitPlansAdjustmentActuarialGainLossAndNetPriorServiceCostBenefitPortionAttributabletoParentMember2018-11-012019-04-300001645590hpe:AccumulatedDefinedBenefitPlansAdjustmentCurtailmentsSettlementsAndOtherPortionAttributabletoParentMember2020-02-012020-04-300001645590hpe:AccumulatedDefinedBenefitPlansAdjustmentCurtailmentsSettlementsAndOtherPortionAttributabletoParentMember2019-02-012019-04-300001645590hpe:AccumulatedDefinedBenefitPlansAdjustmentCurtailmentsSettlementsAndOtherPortionAttributabletoParentMember2019-11-012020-04-300001645590hpe:AccumulatedDefinedBenefitPlansAdjustmentCurtailmentsSettlementsAndOtherPortionAttributabletoParentMember2018-11-012019-04-300001645590us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-02-012020-04-300001645590us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2019-02-012019-04-300001645590us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2019-11-012020-04-300001645590us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2018-11-012019-04-300001645590us-gaap:AccumulatedTranslationAdjustmentMember2020-02-012020-04-300001645590us-gaap:AccumulatedTranslationAdjustmentMember2019-02-012019-04-300001645590us-gaap:AccumulatedTranslationAdjustmentMember2019-11-012020-04-300001645590us-gaap:AccumulatedTranslationAdjustmentMember2018-11-012019-04-300001645590us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-02-012020-04-300001645590us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-02-012019-04-300001645590us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-11-012020-04-300001645590us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2018-11-012019-04-300001645590us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-02-012020-04-300001645590us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-02-012019-04-300001645590us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-11-012020-04-300001645590us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2018-11-012019-04-300001645590us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2019-10-310001645590us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2019-10-310001645590us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2019-10-310001645590us-gaap:AccumulatedTranslationAdjustmentMember2019-10-310001645590us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember2020-04-300001645590us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember2020-04-300001645590us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember2020-04-300001645590us-gaap:AccumulatedTranslationAdjustmentMember2020-04-300001645590hpe:ShareRepurchaseProgramMember2019-11-012020-04-30hpe:employee0001645590hpe:IndiaDirectorateOfRevenueIntelligenceProceedingsMember2010-04-302010-05-1000016455902010-04-302010-05-100001645590hpe:IndiaDirectorateOfRevenueIntelligenceProceedingsMember2010-04-292010-04-290001645590hpe:BangaloreCommissionerOfCustomsMember2012-04-110001645590hpe:BangaloreCommissionerOfCustomsMember2012-12-112012-12-110001645590hpe:BangaloreCommissionerOfCustomsMember2012-04-200001645590hpe:BangaloreCommissionerOfCustomsMember2012-04-212012-04-210001645590hpe:BangaloreCommissionerOfCustomsMember2013-01-242013-01-24hpe:contract0001645590hpe:ECTMember2006-11-012008-10-310001645590hpe:ECTMember2011-07-012011-07-310001645590srt:MaximumMemberhpe:ECTMember2019-11-012020-04-300001645590srt:MinimumMemberhpe:ECTMember2019-11-012020-04-300001645590hpe:Forsythetal.vsHPInc.andHewlettPackardEnterpriseMembersrt:MinimumMember2016-12-192016-12-19hpe:plaintiff0001645590hpe:Forsythetal.vsHPInc.andHewlettPackardEnterpriseMember2017-11-302017-11-300001645590hpe:Forsythetal.vsHPInc.andHewlettPackardEnterpriseMember2017-12-012017-12-310001645590hpe:Forsythetal.vsHPInc.andHewlettPackardEnterpriseMember2018-02-062018-02-060001645590srt:MinimumMemberhpe:JacksonEtAlVsHPIncAndHewlettPackardEnterpriseMember2017-07-242017-07-24hpe:phase0001645590us-gaap:JudicialRulingMemberhpe:OracleMember2011-06-150001645590us-gaap:JudicialRulingMemberhpe:OracleMember2016-06-302016-06-300001645590hpe:OraclePastLostProfitsMemberus-gaap:JudicialRulingMember2016-06-302016-06-300001645590hpe:OracleFutureLostProfitsMemberus-gaap:JudicialRulingMember2016-06-302016-06-300001645590hpe:RenewedJudgementMemberhpe:OracleMember2019-05-162019-05-16

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________________________________________________________
FORM 10-Q


(Mark One)    
  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended: April 30, 2020
Or

  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from            to            

Commission file number 001-37483
______________________________________________________________________________
HEWLETT PACKARD ENTERPRISE COMPANY
(Exact name of registrant as specified in its charter)

Delaware   47-3298624
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)

6280 America Center Drive, San Jose, California 95002
(Address of principal executive offices) (Zip code)
(650) 687-5817
(Registrant's telephone number, including area code)
______________________________________________________________________________
Securities registered pursuant to Section 12(b) of the Exchange Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common stock, par value $0.01 per share HPE New York Stock Exchange
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act") during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes  No 
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes  No 



Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer", "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer Accelerated filer
Non-accelerated filer
(Do not check if a smaller
reporting company)
Smaller reporting company
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Indicate by check mark whether the registrant is a shell company (as defined by Rule 12b-2 of the Exchange Act). Yes  No 
The number of shares of Hewlett Packard Enterprise Company common stock outstanding as of May 28, 2020 was 1,284,757,155 shares, par value $0.01.



HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
Form 10-Q
For the Quarterly Period Ended April 30, 2020

Table of Contents

3


Forward-Looking Statements
This Quarterly Report on Form 10-Q, including "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Item 2 of Part I, contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of Hewlett Packard Enterprise Company and its consolidated subsidiaries ("Hewlett Packard Enterprise") may differ materially from those expressed or implied by such forward-looking statements and assumptions. The words "believe", "expect", "anticipate", "optimistic", "intend", "aim", "will", "should" and similar expressions are intended to identify such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to the scope and duration of the novel coronavirus pandemic (“COVID-19”) and its impact on our business, operations, liquidity and capital resources, employees, customers, partners, supply chain, financial results and the world economy; any projections of revenue, margins, expenses, effective tax rates, the impact of the U.S. Tax Cuts and Jobs Act of 2017, net earnings, net earnings per share, cash flows, benefit plan funding, deferred tax assets, share repurchases, currency exchange rates or other financial items; any projections of the amount, timing or impact of cost savings or restructuring charges; any statements of the plans, strategies and objectives of management for future operations, as well as the execution of transformation and restructuring plans and any resulting cost savings, revenue or profitability improvements; any statements concerning the expected development, performance, market share or competitive performance relating to products or services; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on Hewlett Packard Enterprise and its financial performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the need to address the many challenges facing Hewlett Packard Enterprise's businesses; the competitive pressures faced by Hewlett Packard Enterprise's businesses; risks associated with executing Hewlett Packard Enterprise's strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of Hewlett Packard Enterprise's products and the delivery of Hewlett Packard Enterprise's services effectively; the protection of Hewlett Packard Enterprise's intellectual property assets, including intellectual property licensed from third parties and intellectual property shared with its former parent; risks associated with Hewlett Packard Enterprise's international operations (including pandemics and public health problems, such as the outbreak of COVID-19); the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by Hewlett Packard Enterprise and its suppliers, customers, clients and partners, including any impact thereon resulting from events such as the COVID-19 pandemic; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the execution, timing and results of any transformation or restructuring plans, including estimates and assumptions related to the costs and anticipated benefits of implementing the transformation and restructuring plans; the effects of the U.S. Tax Cuts and Jobs Act and related guidance and regulations that may be implemented; the resolution of pending investigations, claims and disputes; and other risks that are described herein, including but not limited to the items discussed or referenced in "Risk Factors" in Item 1A of Part II of this Quarterly Report on Form 10-Q and that are otherwise described or updated from time to time in Hewlett Packard Enterprise's reports filed with the Securities and Exchange Commission. For a discussion of the risks, uncertainties and actions taken in response to COVID-19, see “We are unable to predict the extent to which the global COVID-19 pandemic may adversely impact our business operations, financial performance and results of operations.” in “Risk Factors” in Item 1A of Part II of this Quarterly Report on Form 10-Q. Hewlett Packard Enterprise assumes no obligation and does not intend to update these forward-looking statements.

4


Part I. FINANCIAL INFORMATION
Item 1. Financial Statements and Supplementary Data.
Index
  Page
6
7
8
9
10
12
12
15
19
20
20
22
23
25
30
31
33
36
38
39
40

5


HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
Condensed Consolidated Statements of Earnings
(Unaudited)
  Three Months Ended April 30, Six Months Ended April 30,
  2020 2019 2020 2019
  In millions, except per share amounts
Net revenue:    
Products $ 3,320    $ 4,410    $ 7,567    $ 9,201   
Services 2,574    2,624    5,163    5,274   
Financing income 115    116    228    228   
Total net revenue 6,009    7,150    12,958    14,703   
Costs and expenses:          
Cost of products 2,378    3,058    5,288    6,427   
Cost of services 1,646    1,712    3,330    3,477   
Financing interest 71    75    144    148   
Research and development 450    457    935    923   
Selling, general and administrative 1,109    1,214    2,327    2,425   
Amortization of intangible assets 84    69    204    141   
Impairment of goodwill 865    —    865    —   
Transformation costs 200    54    289    132   
Disaster charges (recovery) 22    (7)   22    (7)  
Acquisition, disposition and other related charges 18    84    40    147   
Total costs and expenses 6,843    6,716    13,444    13,813   
(Loss) earnings from operations (834)   434    (486)   890   
Interest and other, net (68)   (18)   (87)   (69)  
Tax indemnification adjustments (35)     (56)   223   
Non-service net periodic benefit credit 36    17    73    33   
(Loss) earnings from equity interests (10)     23    18   
(Loss) earnings before taxes (911)   440    (533)   1,095   
Benefit (provision) for taxes 90    (21)   45    (499)  
Net (loss) earnings $ (821)   $ 419    $ (488)   $ 596   
Net (loss) earnings per share:          
Basic $ (0.64)   $ 0.31    $ (0.38)   $ 0.43   
Diluted $ (0.64)   $ 0.30    $ (0.38)   $ 0.43   
Weighted-average shares used to compute net (loss) earnings per share:          
Basic 1,291    1,367    1,295    1,384   
Diluted 1,291    1,382    1,295    1,397   


The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.
6


HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
Condensed Consolidated Statements of Comprehensive Income
(Unaudited)
  Three Months Ended
April 30,
Six Months Ended
April 30,
  2020 2019 2020 2019
  In millions
Net (loss) earnings $ (821)   $ 419    $ (488)   $ 596   
Other comprehensive income before taxes:    
Change in net unrealized (losses) gains on available-for-sale securities:    
Net unrealized (losses) gains arising during the period (8)     (6)    
(Gains) losses reclassified into earnings (4)   —    (7)   (3)  
(12)     (13)    
Change in net unrealized gains (losses) on cash flow hedges:    
Net unrealized gains (losses) arising during the period 296    128    371    162   
Net (gains) losses reclassified into earnings (214)   (68)   (283)   (201)  
82    60    88    (39)  
Change in unrealized components of defined benefit plans:    
Net unrealized (losses) gains arising during the period (8)       (47)  
Amortization of net actuarial loss and prior service benefit 61    55    122    107   
Curtailments, settlements and other        
54    65    132    67   
Change in cumulative translation adjustment (43)   (6)   (47)    
Other comprehensive income before taxes 81    122    160    36   
(Provision) benefit for taxes (6)   (8)   (15)    
Other comprehensive income, net of taxes 75    114    145    38   
Comprehensive (loss) income $ (746)   $ 533    $ (343)   $ 634   


The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.
7


HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
  As of
  April 30, 2020 October 31, 2019
(Unaudited) (Audited)
  In millions, except par value
ASSETS    
Current assets:    
Cash and cash equivalents $ 5,131    $ 3,753   
Accounts receivable, net of allowance for doubtful accounts 2,610    2,957   
Financing receivables, net of allowance for doubtful accounts 3,630    3,572   
Inventory 3,476    2,387   
Assets held for sale   46   
Other current assets 3,130    2,428   
Total current assets 17,983    15,143   
Property, plant and equipment 5,588    6,054   
Long-term financing receivables and other assets 10,295    8,918   
Investments in equity interests 2,276    2,254   
Goodwill 17,444    18,306   
Intangible assets 929    1,128   
Total assets $ 54,515    $ 51,803   
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current liabilities:    
Notes payable and short-term borrowings $ 5,162    $ 4,425   
Accounts payable 5,482    5,595   
Employee compensation and benefits 968    1,522   
Taxes on earnings 202    186   
Deferred revenue 3,268    3,234   
Accrued restructuring 198    195   
Other accrued liabilities 4,917    4,002   
Total current liabilities 20,197    19,159   
Long-term debt 11,553    9,395   
Other non-current liabilities 6,507    6,100   
Commitments and contingencies
Stockholders' equity    
HPE stockholders' equity:    
Preferred stock, $0.01 par value (300 shares authorized; none issued)
—    —   
Common stock, $0.01 par value (9,600 shares authorized; 1,282 and 1,294 shares issued and outstanding at April 30, 2020 and October 31, 2019, respectively)
13    13   
Additional paid-in capital 28,207    28,444   
Accumulated deficit (8,385)   (7,632)  
Accumulated other comprehensive loss (3,625)   (3,727)  
Total HPE stockholders' equity 16,210    17,098   
Non-controlling interests 48    51   
Total stockholders' equity 16,258    17,149   
Total liabilities and stockholders' equity $ 54,515    $ 51,803   
The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.
8


HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
Condensed Consolidated Statements of Cash Flows (Unaudited)
  Six Months Ended April 30,
  2020 2019
  In millions
Cash flows from operating activities:       
Net (loss) earnings $ (488)   $ 596   
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:    
Depreciation and amortization 1,331    1,287   
Impairment of goodwill 865    —   
Stock-based compensation expense 160    149   
Provision for inventory and doubtful accounts 128    118   
Restructuring charges 248    52   
Deferred taxes on (loss) earnings (103)   344   
Earnings from equity interests (23)   (18)  
Other, net   45   
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 323    143   
Financing receivables (73)   (32)  
Inventory (1,196)   153   
Accounts payable (73)   (565)  
Taxes on earnings (125)   (185)  
Restructuring (244)   (198)  
Other assets and liabilities (717)   (520)  
Net cash provided by operating activities 21    1,369   
Cash flows from investing activities:    
Investment in property, plant and equipment (1,159)   (1,528)  
Proceeds from sale of property, plant and equipment 551    371   
Purchases of available-for-sale securities and other investments (73)   (25)  
Maturities and sales of available-for-sale securities and other investments 28     
Financial collateral posted (51)   (315)  
Financial collateral received 613    507   
Payments made in connection with business acquisitions, net of cash acquired (13)   (76)  
Net cash used in investing activities (104)   (1,064)  
Cash flows from financing activities:    
Short-term borrowings with original maturities less than 90 days, net 82    25   
Proceeds from debt, net of issuance costs 3,565    625   
Payment of debt (931)   (560)  
(Payments) proceeds related to stock-based award activities, net (47)    
Repurchase of common stock (355)   (1,388)  
Cash dividends paid to non-controlling interests (8)   —   
Contributions from non-controlling interests   —   
Cash dividends paid (310)   (311)  
Net cash provided by (used in) financing activities 1,997    (1,600)  
Increase (decrease) in cash, cash equivalents and restricted cash 1,914    (1,295)  
Cash, cash equivalents and restricted cash at beginning of period 4,076    5,084   
Cash, cash equivalents and restricted cash at end of period $ 5,990    $ 3,789   
The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.
9


Condensed Consolidated Statements of Stockholders' Equity (Unaudited)

Common Stock
Three Months Ended April 30, 2020 Number of Shares Par Value Additional Paid-in Capital Accumulated Deficit Accumulated
Other
Comprehensive
Loss
Equity
Attributable
to the
Company
Non-
controlling
Interests
Total
Equity
  In millions, except number of shares in thousands
Balance at January 31, 2020 1,292,903    $ 13    $ 28,287    $ (7,411)   $ (3,700)   $ 17,189    $ 54    $ 17,243   
Net loss (821)   (821)     (819)  
Other comprehensive income 75    75    75   
Comprehensive (loss) income (746)     (744)  
Stock-based compensation expense           68    68    68   
Tax withholding related to vesting of employee stock plans (6)   (6)   (6)  
Issuance of common stock in connection with employee stock plans and other 1,279    —    —    —   
Repurchases of common stock (11,929)   (142)   (142)   (142)  
Cash dividends declared ($0.12 per share)
(153)   (153)   (8)   (161)  
Balance at April 30, 2020 1,282,253    $ 13    $ 28,207    $ (8,385)   $ (3,625)   $ 16,210    $ 48    $ 16,258   

Common Stock
Six Months Ended April 30, 2020 Number of Shares Par Value Additional Paid-in Capital  Accumulated Deficit Accumulated
Other
Comprehensive
Loss
Equity
Attributable
to the
Company
Non-
controlling
Interests
Total
Equity
  In millions, except number of shares in thousands
Balance at October 31, 2019 1,294,369    $ 13    $ 28,444    $ (7,632)   $ (3,727)   $ 17,098    $ 51    $ 17,149   
Net loss (488)   (488)     (484)  
Other comprehensive income 145    145    145   
Comprehensive (loss) income (343)     (339)  
Stock-based compensation expense           161    161    161   
Tax withholding related to vesting of employee stock plans
(78)   (78)   (78)  
Issuance of common stock in connection with employee stock plans and other 12,640    26    1 27      28   
Repurchases of common stock (24,756)   (346)   (346)   (346)  
Cash dividends declared ($0.24 per share)
(309)   (309)   (8)   (317)  
Effects of adoption of accounting standard updates (1)
43    (43)   —    —   
Balance at April 30, 2020 1,282,253    $ 13    $ 28,207    $ (8,385)   $ (3,625)   $ 16,210    $ 48    $ 16,258   

(1) Represents the impact of the adoption of an accounting standard update that allows for the reclassification of stranded tax effects from accumulated other comprehensive loss to accumulated deficit.
10


Common Stock
Three Months Ended April 30, 2019 Number of Shares Par Value Additional Paid-in Capital  Accumulated Deficit Accumulated
Other
Comprehensive
Loss
Equity
Attributable
to the
Company
Non-
controlling
Interests
Total
Equity
  In millions, except number of shares in thousands
Balance at January 31, 2019 1,378,105    $ 14    $ 29,607    $ (8,034)   $ (3,294)   $ 18,293    $ 42    $ 18,335   
Net earnings 419    419      420   
Other comprehensive income 114    114    114   
Comprehensive income 533      534   
Stock-based compensation expense           74    74    74   
Tax withholding related to vesting of employee stock plans (5)   (5)   (5)  
Issuance of common stock in connection with employee stock plans and other 4,014    29    29    29   
Repurchases of common stock (35,887)   (1)   (575)   (576)   (576)  
Cash dividends declared ($0.1125 per share)
(150)   (150)   (150)  
Balance at April 30, 2019 1,346,232    $ 13    $ 29,130    $ (7,765)   $ (3,180)   $ 18,198    $ 43    $ 18,241   

Common Stock
Six Months Ended April 30, 2019 Number of Shares Par Value Additional Paid-in Capital  Accumulated Deficit Accumulated
Other
Comprehensive
Loss
Equity
Attributable
to the
Company
Non-
controlling
Interests
Total
Equity
  In millions, except number of shares in thousands
Balance at October 31, 2018 1,423,303    $ 14    $ 30,342    $ (5,899)   $ (3,218)   $ 21,239    $ 35    $ 21,274   
Net earnings 596    596      604   
Other comprehensive income 38    38    38   
Comprehensive income 634      642   
Stock-based compensation expense 151    151    151   
Tax withholding related to vesting of employee stock plans
(50)   (50)   (50)  
Issuance of common stock in connection with employee stock plans and other 12,667    57    57    57   
Repurchases of common stock (89,738)   (1)   (1,370)   (1,371)   (1,371)  
Cash dividends declared ($0.225 per share)
(300)   (300)   (300)  
Effects of adoption of accounting standard updates(1)
(2,162)   (2,162)   (2,162)  
Balance at April 30, 2019 1,346,232    $ 13    $ 29,130    $ (7,765)   $ (3,180)   $ 18,198    $ 43    $ 18,241   

(1) $2.3 billion was related to a reduction to retained earnings as a result of the adoption of an accounting standard update for Income Taxes and $143 million was related to an addition to retained earnings as a result of the adoption of the new revenue accounting standard.



The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.
11


HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
Notes to Condensed Consolidated Financial Statements
(Unaudited)
Note 1: Overview and Summary of Significant Accounting Policies
Background
Hewlett Packard Enterprise Company ("Hewlett Packard Enterprise", "HPE", or the "Company") is a global technology leader focused on developing intelligent solutions that allow customers to capture, analyze and act upon data seamlessly from edge to cloud. Hewlett Packard Enterprise enables customers to accelerate business outcomes by driving new business models, creating new customer and employee experiences, and increasing operational efficiency today and into the future. Hewlett Packard Enterprise's customers range from small- and medium-sized businesses ("SMBs") to large global enterprises.
On November 1, 2015, the Company became an independent publicly-traded company through a pro rata distribution by HP Inc. ("former Parent" or "HPI"), formerly known as Hewlett-Packard Company ("HP Co."), of 100% of the outstanding shares of Hewlett Packard Enterprise Company to HP Inc.'s stockholders (the "Separation").
Basis of Presentation
The Condensed Consolidated Financial Statements of the Company were prepared in accordance with United States ("U.S.") Generally Accepted Accounting Principles ("GAAP"). In the opinion of management, the accompanying unaudited Condensed Consolidated Financial Statements of Hewlett Packard Enterprise contain all adjustments, including normal recurring adjustments, necessary to present fairly the Company's financial position as of April 30, 2020 and October 31, 2019, its results of operations for the three and six months ended April 30, 2020 and 2019, its cash flows for the six months ended April 30, 2020 and 2019, and its statements of stockholders' equity for the three and six months ended April 30, 2020 and 2019.
The results of operations for the three and six months ended April 30, 2020 and the cash flows for the six months ended April 30, 2020 are not necessarily indicative of the results to be expected for the full year. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2019, including "Management's Discussion and Analysis of Financial Condition and Results of Operations", "Quantitative and Qualitative Disclosures About Market Risk" and the Consolidated Financial Statements and notes thereto included in Items 7, 7A and 8, respectively.
Principles of Consolidation
The accompanying unaudited Condensed Consolidated Financial Statements include the accounts of the Company and all subsidiaries and affiliates in which the Company has a controlling financial interest or is the primary beneficiary. All intercompany transactions and accounts within the consolidated businesses of the Company have been eliminated.
The Company consolidates a Variable Interest Entity (“VIE”) where it has been determined that the Company is the primary beneficiary of the entity’s operation. The primary beneficiary is the party that has both the power to direct the activities that most significantly impact the VIE’s economic performance and the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. In evaluating whether the Company is the primary beneficiary, the Company evaluates its power to direct the most significant activities of the VIE by considering the purpose and design of the entity and the risks the entity was designed to create and pass through to its variable interest holders. The Company also evaluates its economic interests in the VIE.
The Company accounts for investments in companies over which it has the ability to exercise significant influence but does not hold a controlling interest under the equity method of accounting, and the Company records its proportionate share of income or losses in Earnings from equity interests in the Condensed Consolidated Statements of Earnings.
Non-controlling interests are presented as a separate component within Total stockholders' equity in the Condensed Consolidated Balance Sheets. Net earnings attributable to non-controlling interests are recorded within Interest and other, net in the Condensed Consolidated Statements of Earnings and are not presented separately, as they were not material for any periods presented.
12

HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
Notes to Condensed Consolidated Financial Statements (Continued)
(Unaudited)
Subsequent Event
On May 19, 2020, the Board of Directors of HPE approved a cost optimization and prioritization plan (the “Plan”) in order to focus HPE’s investments and realign the workforce to areas of growth and measures to simplify and evolve its product portfolio strategy, go-to-market configurations, supply chain structures, digital customer support model and marketing experiences, and real estate strategies. HPE expects that the Plan will be implemented through fiscal year 2022 and estimates it will include gross savings of at least $1.0 billion as a result of changes to the company’s workforce, real estate model and business process improvements, with the Plan expected to deliver annualized net run-rate savings of at least $800 million by the end of fiscal year 2022, in both cases relative to HPE’s fiscal year 2019 exit. In order to achieve this level of cost savings, HPE estimates cash funding payments between $1.0 billion to $1.3 billion over the next three years.
Segment Realignment and Reclassifications
Effective at the beginning of the first quarter of fiscal 2020, HPE implemented certain organizational changes to align its segment financial reporting more closely with its current business structure. As a result of these organizational changes, HPE replaced the Hybrid IT reportable segment (and the Compute, Storage and HPE Pointnext business units within it) with four new financial reporting segments: Compute, High Performance Compute & Mission-Critical Systems ("HPC & MCS"), Storage, and Advisory and Professional Services ("A & PS").
The new Compute segment combines the general purpose server and certain workload optimized server portfolios that were previously a part of the Hybrid IT-Compute business unit and the related operational services business that was previously a part of the Hybrid IT-HPE Pointnext business unit. The HPC & MCS segment consists of high performance compute, mission-critical systems, and edge compute offerings that were previously a part of the Hybrid IT-Compute business unit and the related operational services business that was previously a part of the Hybrid IT-HPE Pointnext business unit. The new Storage segment combines the former Hybrid IT-Storage business unit, the related operational services business that was previously a part of the Hybrid IT-HPE Pointnext business unit and the hyperconverged infrastructure products that were previously a part of the Hybrid IT-Compute business unit. Finally, the A & PS segment consists of the consultative-led services that were previously a part of the Hybrid IT-HPE Pointnext business unit.
In addition, the Intelligent Edge segment now includes the Data Center Networking ("DC Networking") operational services business that was previously a part of the Hybrid IT-HPE Pointnext business unit. The DC Networking business, other than operational services, had been transferred to the Intelligent Edge segment in a prior realignment.
The Company reflected these changes to its segment information retrospectively to the earliest period presented, which primarily resulted in the realignment of net revenue, operating profit and total assets for each of the businesses as described above. These changes had no impact on Hewlett Packard Enterprise’s previously reported consolidated net revenue, net earnings, net earnings per share ("EPS") or total assets. See Note 2, "Segment Information", for a further discussion of the Company's segment realignment.
Use of Estimates
The preparation of financial statements requires management to make estimates, judgements and assumptions that affect the amounts reported in the Company's Condensed Consolidated Financial Statements and accompanying notes. Estimates are assessed each period and updated to reflect current information, such as the economic considerations related to the impact that the novel coronavirus pandemic ("COVID-19") could have on our significant accounting estimates. As the extent and duration of the impacts from COVID-19 remain unclear, the Company’s estimates, judgements and assumptions may evolve as conditions change. Actual results could differ materially from these estimates under different assumptions or conditions.
Foreign Currency Translation
The Company predominately uses the U.S. dollar as its functional currency. Assets and liabilities denominated in non-U.S. currencies are remeasured into U.S. dollars at current exchange rates for monetary assets and liabilities and at historical exchange rates for non-monetary assets and liabilities. Net revenue, costs and expenses denominated in non-U.S. currencies are recorded in U.S. dollars at the average rates of exchange prevailing during the period. The Company includes gains or losses from foreign currency remeasurement in Interest and other, net in the Consolidated Statements of Earnings and gains and losses from cash flow hedges in Net revenue as the hedged revenue is recognized. Certain non-U.S. subsidiaries designate the local currency as their functional currency, and the Company records the translation of their assets and liabilities into U.S. dollars at the balance sheet date as translation adjustments and includes them as a component of Accumulated other comprehensive loss in the Condensed Consolidated Balance Sheets. The effect of foreign currency exchange rates on cash and cash equivalents was not material for any of the periods presented.
13

HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
Notes to Condensed Consolidated Financial Statements (Continued)
(Unaudited)
Recently Adopted Accounting Pronouncements
In March 2020, the FASB issued guidance to provide temporary optional expedients and exceptions through December 31, 2022 to the U.S. GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens of the expected market transition from the London Interbank Offered Rate (LIBOR) and other interbank offered rates to alternative reference rates, such as the Secured Overnight Financing Rate (SOFR). This guidance was effective upon issuance, as a result the Company adopted the guidance in the second quarter of fiscal 2020 and there was no financial impact on the Condensed Consolidated Financial Statements upon adoption.
In February 2018, the FASB issued guidance that allows companies to reclassify stranded tax effects resulting from U.S. tax reform, from accumulated other comprehensive income (loss) to retained earnings. The guidance also allows the reclassification of these stranded tax effects to be recorded upon adoption of the guidance rather than at the actual cessation date. The Company adopted the guidance in the first quarter of fiscal 2020 and elected not to reclassify prior periods. As a result, $43 million of tax benefit was reclassified from accumulated other comprehensive loss into accumulated deficit, primarily comprised of amounts relating to currency translation adjustments and net unrealized gains (losses) on cash flow hedges.
In August 2017, the FASB amended the existing accounting standards for hedge accounting. The amendments expand an entity’s ability to hedge non-financial and financial risk components and reduce complexity in fair value hedges of interest rate risk. The new guidance eliminates the requirement to separately measure and report hedge ineffectiveness and requires the entire change in the fair value of a hedging instrument to be presented in the same income statement line as the hedged item. The guidance also simplifies certain documentation and assessment requirements and modifies the accounting for components excluded from the assessment of hedge effectiveness. In April 2019, the FASB issued certain clarifications to address partial term fair value hedges, fair value hedge basis adjustments and certain transition requirements. The Company adopted the guidance effective November 1, 2019 and there was no financial impact on the Condensed Consolidated Financial Statements upon adoption.
The FASB issued guidance in February 2016, with amendments in 2018 and 2019, which changes the accounting standards for leases. The Company adopted the guidance in the first quarter of fiscal 2020, beginning November 1, 2019, using the modified retrospective transition method whereby prior comparative periods will not be restated in the Consolidated Financial Statements. Accordingly, results and related disclosures for the reporting periods beginning after November 1, 2019 are presented under the new lease standard, while comparative prior period results and related disclosures are not adjusted and continue to be reported in accordance with the historic accounting standards. The primary objective of this update is to increase transparency and comparability among organizations by requiring lessees to recognize a lease liability and a right-of-use (“ROU”) asset for the lease term. The Company elected the package of practical expedients which did not require the reassessment of prior conclusions related to contracts containing leases, lease classification and initial direct costs ("IDC"). The adoption of the new lease standard resulted in the recognition of $1.0 billion of right-of-use assets and $1.1 billion of lease liabilities on the Company’s Condensed Consolidated Balance Sheet. As a lessor, no transition adjustments were recorded from the adoption of ASC 842.
The adoption of the standard had no impact on the Company's Condensed Consolidated Statements of Earnings and Condensed Consolidated Statements of Cash Flows or debt-covenant compliance under its current agreements. Refer to Note 7 “Accounting for Leases as a Lessee” for accounting policy and additional information.
Recently Enacted Accounting Pronouncements
In March 2020, the FASB issued clarifications relating to its existing guidance on financial instruments. Some clarifications included in this amendment are effective upon issuance and these do not have an impact on HPE’s current accounting practice. For those clarifications that affect the guidance relating to measurement of credit losses, the Company is required to adopt the guidance in the first quarter of fiscal 2021. The Company is currently evaluating the impact of these amendments on its Condensed Consolidated Financial Statements.
In January 2020, the FASB issued guidance to clarify certain interactions between the guidance to account for equity securities, the guidance to account for investments under the equity method of accounting, and the guidance to account for derivatives and hedging. The new guidance clarifies the application of measurement alternatives and the accounting for certain forward contracts and purchased options to acquire investments. The Company is required to adopt the guidance in the first quarter of fiscal 2022. Early adoption is permitted. The Company is currently evaluating the timing and the impact of these amendments on its Consolidated Financial Statements.
14

HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
Notes to Condensed Consolidated Financial Statements (Continued)
(Unaudited)
In December 2019, the FASB amended the existing accounting standards for income taxes. The amendments clarify and simplify the accounting for income taxes by eliminating certain exceptions to the general principles. The Company is required to adopt the guidance in the first quarter of fiscal 2022. Early adoption is permitted. The Company is currently evaluating the timing and the impact of these amendments on its Consolidated Financial Statements.
In August 2018, the FASB issued guidance on a customer's accounting for implementation costs incurred in cloud-computing arrangements that are hosted by a vendor. Certain types of implementation costs should be capitalized and amortized over the term of the hosting arrangement. The Company is required to adopt the guidance in the first quarter of fiscal 2021. Early adoption is permitted. The Company is currently evaluating the impact of these amendments on its Consolidated Financial Statements.
In August 2018, the FASB issued guidance which changes the disclosure requirements for fair value measurements and defined benefit pension plans. The Company is required to adopt the guidance in the first quarter of fiscal 2021. Early adoption is permitted. The Company is currently evaluating the impact of these amendments however, the Company does not expect the guidance to have an impact on its Consolidated Financial Statements.
In June 2016, the FASB amended the existing accounting standards for the measurement of credit losses. The amendments require an entity to estimate its lifetime expected credit loss for most financial instruments, including trade and lease receivables, and record an allowance for the portion of the amortized cost the entity does not expect to collect. The estimate of expected credit losses should consider historical information, current information, and reasonable and supportable forecasts, including estimates of prepayments. In April 2019, the FASB further clarified the scope of the credit losses standard and addressed issues related to accrued interest receivable balances, recoveries, variable interest rates and prepayment. In May 2019, the FASB issued further guidance to provide entities with an option to irrevocably elect the fair value option applied on an instrument-by-instrument basis for eligible financial instruments. In November 2019, the FASB issued several amendments to the new credit losses standard, including an amendment requiring entities to include certain expected recoveries of the amortized cost basis in the allowance for credit losses for purchased credit deteriorated assets. The Company is required to adopt the guidance in the first quarter of fiscal 2021. The Company is currently evaluating the impact of these amendments on its Consolidated Financial Statements.
In April 2019, the FASB amended its standards on recognizing and measuring financial instruments to address the scope of the guidance, the requirement for remeasurement when using the measurement alternative and certain disclosure requirements. The Company is required to adopt the guidance in the first quarter of fiscal 2021. The Company is currently evaluating the impact of these amendments on its Consolidated Financial Statements.
There have been no other significant changes to the Company's accounting policies or recently adopted or enacted accounting pronouncements disclosed in the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2019.
Note 2: Segment Information
As described in Note 1, "Overview and Summary of Significant Accounting Policies", effective at the beginning of the first quarter of fiscal 2020, the Company implemented certain organizational changes to align its segment financial reporting more closely with its current business structure. Hewlett Packard Enterprise's operations are now organized into seven segments for financial reporting purposes: Compute, HPC & MCS, Storage, A & PS, Intelligent Edge, Financial Services ("FS"), and Corporate Investments. Hewlett Packard Enterprise's organizational structure is based on a number of factors that the Chief Operating Decision Maker ("CODM"), who is the Chief Executive Officer ("CEO"), uses to evaluate, view and run the Company's business operations, which include, but are not limited to, customer base and homogeneity of products and technology. The seven segments are based on this organizational structure and information reviewed by Hewlett Packard Enterprise's management to evaluate segment results. A summary description of each segment follows.
Compute. HPE's compute portfolio offers both general purpose servers for multi-workload computing and workload optimized servers. HPE's general purpose servers include HPE ProLiant, secure and versatile rack and tower servers; HPE BladeSystem, a modular infrastructure that converges server, storage and networking; and HPE Synergy, a composable infrastructure for traditional and cloud-native applications. The Company's workload optimized server portfolio includes HPE Cloudline for cloud data centers. Compute offerings also include operational services, transformation projects, professional services and support services. The Compute support team is also a provider of on-premises flexible consumption models, such as HPE GreenLake.

15

HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
Notes to Condensed Consolidated Financial Statements (Continued)
(Unaudited)
High Performance Compute & Mission-Critical Systems. HPE's HPC & MCS portfolio offers workload-optimized servers designed to support specific use cases. The HPC portfolio includes the HPE Apollo and Cray products that are sold as supercomputing systems to support data-intensive workloads for high performance computing, data analytics and artificial intelligence applications. The MCS portfolio includes the HPE Superdome Flex, HPE Nonstop and HPE Integrity product lines for critical applications such as payments and transaction processing that require high availability, fault-tolerant computing infrastructure. The HPC & MCS segment also includes the Edge Compute business which consists of the HPE Moonshot and HPE Edgeline products for computing at the network edge. HPC & MCS offerings also include operational services, transformation projects, professional services and support services. HPC & MCS products can also be purchased through on-premises flexible consumption models, such as HPE GreenLake.

Storage. HPE provides workload optimized storage product and service offerings that are AI-driven and built for cloud environments with GreenLake as-a-service consumption and flexible investment options. Powered by HPE InfoSight advanced analytics and machine learning and HPE Cloud Volumes data mobility, HPE delivers intelligent storage for hybrid cloud environments. Key solutions include an intelligent hyperconverged infrastructure (“HCI”) portfolio with HPE Nimble Storage dHCI, a disaggregated HCI solution for the enterprise data center and HPE SimpliVity, a hyperconverged platform for virtualization. The portfolio also includes HPE Primera, HPE Nimble Storage and HPE 3PAR Storage for mission-critical workloads and general purpose workloads, respectively, and big data solutions running on HPE Apollo Servers along with BlueData and MapR technology for expertise in artificial intelligence, machine learning and analytics data management. Storage also provides comprehensive data protection with HPE StoreOnce and HPE Recovery Manager Central, solutions for secondary workloads and traditional tape, storage networking and disk products, such as HPE Modular Storage Arrays ("MSA") and HPE XP.

Advisory and Professional Services provides consultative-led services, expertise and advice, implementation services as well as complex solution engagement capabilities. A & PS experts advise their customers through their digital transformation. A & PS is also a provider of on-premises flexible consumption models, such as HPE GreenLake, that enable IT agility, simplify operations, and align cost to value.

Intelligent Edge is comprised of a portfolio of secure edge-to-cloud solutions operating under the Aruba brand that includes wired and wireless local area network "(LAN"), campus and data center switching, software-defined wide-area-networking, security, and associated services to enable secure connectivity for businesses of any size. The primary business drivers for Intelligent Edge solutions are mobility and the Internet of Things ("IoT").

The HPE Aruba product portfolio includes wired and wireless LAN hardware products such as Wi-Fi access points, switches, routers, sensors. The HPE Aruba software and services portfolio includes software products for cloud-based management, network management, network access control, analytics and assurance, location services software and professional and support services, as well as as-a Service ("aaS") and consumption models for the Intelligent Edge portfolio of products.
Financial Services provides flexible investment solutions, such as leasing, financing, IT consumption, and utility programs and asset management services, for customers that facilitate unique technology deployment models and the acquisition of complete IT solutions, including hardware, software and services from Hewlett Packard Enterprise and others. FS also supports financial solutions for on-premise flexible consumption models, such as HPE GreenLake. In order to provide flexible services and capabilities that support the entire IT life cycle, FS partners with customers globally to help build investment strategies. FS offers a wide selection of investment solution capabilities for large enterprise customers and channel partners, along with an array of financial options to SMBs and educational and governmental entities.
Corporate Investments includes Hewlett Packard Labs which is responsible for research and development and also hosts certain business incubations projects, and the Communications and Media Solutions ("CMS") business.
Segment Policy
There have been no significant changes to the Company's segment accounting policies disclosed in the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2019, except for the organizational changes described in Note 1, "Overview and Summary of Significant Accounting Policies".
Hewlett Packard Enterprise does not allocate to its segments certain operating expenses, which it manages at the corporate level. These unallocated operating costs include certain corporate costs and eliminations, stock-based compensation
16

HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
Notes to Condensed Consolidated Financial Statements (Continued)
(Unaudited)
expense related to corporate and certain global functions, amortization of initial direct costs, amortization of intangible assets, impairment of goodwill, transformation costs, disaster charges (recovery), acquisition, disposition and other related charges.
Segment Operating Results
Segment net revenue and segment operating results were as follows:
  Compute HPC & MCS Storage A & PS Intelligent Edge Financial
Services
Corporate
Investments
Total
  In millions
Three months ended April 30, 2020          
Net revenue $ 2,534    $ 564    $ 1,060    $ 236    $ 661    $ 830    $ 124    $ 6,009   
Intersegment net revenue 106    25    26          —    165   
Total segment net revenue $ 2,640    $ 589    $ 1,086    $ 237    $ 665    $ 833    $ 124    $ 6,174   
Segment earnings (loss) from operations $ 125    $ 33    $ 145    $   $ 73    $ 75    $ (28)   $ 425   
Three months ended April 30, 2019          
Net revenue $ 3,193    $ 696    $ 1,303    $ 258    $ 681    $ 894    $ 125    $ 7,150   
Intersegment net revenue 125    25    15          —    173   
Total segment net revenue $ 3,318    $ 721    $ 1,318    $ 260    $ 685    $ 896    $ 125    $ 7,323   
Segment earnings (loss) from operations $ 307    $ 92    $ 244    $ (14)   $ 36    $ 77    $ (29)   $ 713   
Six months ended April 30, 2020
Net revenue $ 5,497    $ 1,380    $ 2,295    $ 478    $ 1,376    $ 1,687    $ 245    $ 12,958   
Intersegment net revenue 154    32    41          —    243   
Total segment net revenue $ 5,651    $ 1,412    $ 2,336    $ 480    $ 1,385    $ 1,692    $ 245    $ 13,201   
Segment earnings (loss) from operations $ 411    $ 82    $ 371    $ —    $ 143    $ 148    $ (55)   $ 1,100   
Six months ended April 30, 2019
Net revenue $ 6,702    $ 1,424    $ 2,640    $ 497    $ 1,387    $ 1,810    $ 243    $ 14,703   
Intersegment net revenue 191    76    34          —    313   
Total segment net revenue $ 6,893    $ 1,500    $ 2,674    $ 501    $ 1,390    $ 1,815    $ 243    $ 15,016   
Segment earnings (loss) from operations $ 647    $ 190    $ 498    $ (46)   $ 60    $ 154    $ (57)   $ 1,446   
17

HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES
Notes to Condensed Consolidated Financial Statements (Continued)
(Unaudited)
The reconciliation of segment operating results to Hewlett Packard Enterprise Condensed Consolidated Financial statements was as follows:
  Three Months Ended
April 30,
Six Months Ended
April 30,
  2020 2019 2020 2019
  In millions
Net Revenue:      
Total segments $ 6,174    $ 7,323    $ 13,201    $ 15,016   
Eliminations of intersegment net revenue (165)   (173)   (243)   (313)  
Total Hewlett Packard Enterprise condensed consolidated net revenue $ 6,009    $ 7,150    $ 12,958    $ 14,703   
(Loss) earnings before taxes:        
Total segment earnings from operations $ 425    $ 713    $ 1,100    $ 1,446   
Unallocated corporate costs and eliminations (48)   (64)   (100)   (114)  
Unallocated stock-based compensation expense (12)   (15)   (33)   (29)  
Amortization of initial direct costs (3)   —    (6)   —   
Amortization of intangible assets (84)   (69)   (204)   (141)  
Impairment of goodwill (865)   —    (865)   —   
Transformation costs (200)   (54)   (289)   (132)  
Disaster (charges) recovery (22)