| HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY (Unaudited) |
| Three months ended | Change (pts) | ||||||||||||||
| October 31, 2021 | July 31, 2021 | October 31, 2020 | Q/Q | Y/Y | |||||||||||
| Segment operating margin: | |||||||||||||||
| Personal Systems | 6.5 | % | 8.4 | % | 5.1 | % | (1.9 | ) | pts | 1.4 | pts | ||||
| Printing | 17.0 | % | 17.6 | % | 14.8 | % | (0.6 | ) | pts | 2.2 | pts | ||||
| Corporate Investments(a) | NM | NM | NM | NM | NM | ||||||||||
| Total segment | 9.5 | % | 11.2 | % | 8.0 | % | (1.7 | ) | pts | 1.5 | pts | ||||
(a) "NM" represents not meaningful.
| HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE (Unaudited) (In millions, except per share amounts) |
| Three months ended | |||||||||||
| October 31, 2021 | July 31, 2021 | October 31, 2020 | |||||||||
| Numerator: | |||||||||||
| GAAP net earnings | $ | 3,099 | $ | 1,108 | $ | 668 | |||||
| Non-GAAP net earnings | $ | 1,076 | $ | 1,198 | $ | 835 | |||||
| Denominator: | |||||||||||
| Weighted-average shares used to compute basic net earnings per share | 1,128 | 1,185 | 1,347 | ||||||||
| Dilutive effect of employee stock plans (a) | 14 | 14 | 9 | ||||||||
| Weighted-average shares used to compute diluted net earnings per share | 1,142 | 1,199 | 1,356 | ||||||||
| GAAP diluted net earnings per share | $ | 2.71 | $ | 0.92 | $ | 0.49 | |||||
| Non-GAAP diluted net earnings per share | $ | 0.94 | $ | 1.00 | $ | 0.62 | |||||
