HP Inc. Reports Fiscal 2016 Full-Year and Fourth Quarter Results
Twelve months ended
October 31,
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2016 2015
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Net revenue:
Personal Systems $ 29,987 $ 31,520
Printing 18,260 21,232
Corporate Investments 7 20
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Total segments 48,254 52,772
Intersegment net revenue eliminations and other (16) (1,309)
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Total net revenue $ 48,238 $ 51,463
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Earnings from continuing operations before
taxes:(a)
Personal Systems $ 1,150 $ 1,022
Printing 3,128 3,765
Corporate Investments (98) (43)
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Total segment earnings from operations 4,180 4,744
Corporate costs and eliminations (188) (735)
Stock-based compensation expense (182) (212)
Acquisition and other related charges (7) (1)
Restructuring and other charges (205) (63)
Amortization of intangible assets (16) (102)
Non-operating retirement-related credits(a) 146 232
Defined benefit plan settlement
(charges)/credits (179) 57
Interest and other, net 212 (388)
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Total earnings from continuing operations
before taxes $ 3,761 $ 3,532
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