HP Inc. Reports Fiscal 2022 Full Year and Fourth Quarter Results; Announces Dividend Increase and Future Ready Transformation

(a)      Includes any dilutive effect of restricted stock units, stock options and performance-based awards.  



HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts)

  Twelve months ended
  October 31, 2022  October 31, 2021
Numerator:   
GAAP net earnings$3,203  $6,503 
Non-GAAP net earnings$4,289  $4,620 
    
Denominator:   
Weighted-average shares used to compute basic net earnings per share 1,038   1,208 
Dilutive effect of employee stock plans(a) 12   12 
Weighted-average shares used to compute diluted net earnings per share 1,050   1,220 
    
GAAP diluted net earnings per share$3.05  $ 5.33  
Non-GAAP diluted net earnings per share $ 4.08     $ 3.79  

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