Stock Analysis on Net

HP Inc. (NYSE:HPQ)

$22.49

This company has been moved to the archive! The financial data has not been updated since August 29, 2019.

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

HP Inc., consolidated statement of comprehensive income

US$ in millions

Microsoft Excel
12 months ended: Oct 31, 2018 Oct 31, 2017 Oct 31, 2016 Oct 31, 2015 Oct 31, 2014 Oct 31, 2013
Net earnings
Change in unrealized components of available-for-sale securities
Change in unrealized components of cash flow hedges
Change in unrealized components of defined benefit plans
Change in cumulative translation adjustment
Other comprehensive income (loss), net of taxes
Comprehensive income

Based on: 10-K (reporting date: 2018-10-31), 10-K (reporting date: 2017-10-31), 10-K (reporting date: 2016-10-31), 10-K (reporting date: 2015-10-31), 10-K (reporting date: 2014-10-31), 10-K (reporting date: 2013-10-31).


Net earnings
The net earnings exhibit a fluctuating trend over the six-year period. Starting at 5,113 million USD in 2013, there is a gradual decline until 2016, where earnings sharply drop to 2,496 million USD. From 2017 to 2018, net earnings recover significantly, reaching a high of 5,327 million USD in 2018, surpassing the initial value in 2013.
Change in unrealized components of available-for-sale securities
This component shows small and inconsistent changes, with values oscillating between slight negative and positive amounts, indicating minimal impact on overall financial performance and no clear upward or downward trend.
Change in unrealized components of cash flow hedges
The changes in cash flow hedges appear highly volatile, alternating between negative and positive swings from year to year. The largest positive changes are registered in 2014 and 2018 (296 and 531 million USD respectively), whereas significant negative values occur in 2015 and 2017 (-147 and -426 million USD respectively), suggesting exposure to financial instruments or market conditions resulting in considerable variability.
Change in unrealized components of defined benefit plans
This item displays significant volatility and large swings over the observed period. A major positive change is present in 2013 (2,006 million USD), followed by a sharp negative adjustment in 2014 (-2,292 million USD). The subsequent years show smaller fluctuations with no consistent direction, indicating volatility related to actuarial valuations or pension plan adjustments impacting comprehensive income.
Change in cumulative translation adjustment
The cumulative translation adjustment shows a consistent negative trend over the first three years, progressively deepening from -125 million USD in 2013 to -280 million USD in 2015. Data is missing for the later years, preventing further analysis.
Other comprehensive income (loss), net of taxes
This measure mirrors the patterns seen in other unrealized components, showing a significant negative swing from a high of 1,781 million USD in 2013 to a peak loss of -2,103 million USD in 2014. Following this, it remains negative but trends toward neutral and finally turns slightly positive in 2017 and 2018, suggesting some recovery in unrealized gains or adjustments.
Comprehensive income
Comprehensive income follows a broadly similar trajectory to net earnings, starting strong at 6,894 million USD in 2013 and declining sharply in 2014 and 2016. There is a rebound in 2015 and more moderate levels through 2017, culminating in a significant increase to 5,900 million USD in 2018. This pattern underscores the interplay between net earnings and other comprehensive income elements in overall income performance.