HEWLETT-PACKARD COMPANY AND SUBSIDIARIES SEGMENT INFORMATION (Unaudited) (In millions) Three months ended ---------------------------------------- October 31, July 31, October 31, 2011 2011 2010 ------------ ------------ ------------ Net revenue:(a) Services $ 9,281 $ 9,089 $ 9,125 Enterprise Servers, Storage and Networking 5,655 5,396 5,888 HP Software 976 780 763 Personal Systems Group 10,118 9,592 10,283 Imaging and Printing Group 6,321 6,087 6,995 HP Financial Services 952 932 809 Corporate Investments (94) 266 135 ------------ ------------ ------------ Total Segments 33,209 32,142 33,998 Eliminations of intersegment net revenue and other (1,087) (953) (720) ------------ ------------ ------------ Total HP Consolidated Net Revenue $ 32,122 $ 31,189 $ 33,278 ============ ============ ============ Earnings from operations:(a) Services $ 1,188 $ 1,225 $ 1,500 Enterprise Servers, Storage and Networking 733 699 888 HP Software 270 151 261 Personal Systems Group 578 567 568 Imaging and Printing Group 808 892 1,220 HP Financial Services 98 88 73 Corporate Investments (903) (332) (157) ------------ ------------ ------------ Total Segments 2,772 3,290 4,353 Corporate and unallocated costs and eliminations (196) (114) (239) Unallocated costs related to stock-based compensation expense (192) (130) (109) Amortization of purchased intangible assets (411) (358) (424) Restructuring charges (179) (150) (235) Acquisition-related charges (114) (18) (51) Impairment of goodwill and purchased intangible assets (885) - - Interest and other, net (401) (121) (81) ------------ ------------ ------------ Total HP Consolidated Earnings Before Taxes $ 394 $ 2,399 $ 3,214 ============ ============ ============ (a) Certain fiscal 2011 organizational reclassifications have been reflected retroactively to provide improved visibility and comparability. For each of the quarters in fiscal year 2010, the reclassifications resulted in the transfer of revenue and operating profit among the Enterprise Servers, Storage and Networking, Services, HP Software and Corporate Investments financial reporting segments. Reclassifications between segments included the transfer of the networking business from Corporate Investments to Enterprise Servers, Storage and Networking, the transfer of the communications and media solutions business from HP Software to Services, and the transfer of the business intelligence business from HP Software to Corporate Investments. There was no impact on the previously reported financial results for the Personal Systems Group, HP Financial Services and Imaging and Printing Group segments.