Hewlett-Packard (HPQ)

Note 4: Balance Sheet Details

        Balance sheet details were as follows:

Accounts and Financing Receivables

        HP has revolving trade receivables-based facilities permitting it to sell certain trade receivables to third parties on a non-recourse basis. The aggregate maximum capacity under these programs was $569 million as of January 31, 2009. HP sold $549 million of trade receivables during the first quarter of fiscal 2009. As of January 31, 2009, HP had $167 million available under these programs.

Inventory

15

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Condensed Financial Statements (Continued)

(Unaudited)

Note 4: Balance Sheet Details (Continued)

Other Current Assets

Note 4: Balance Sheet Details

        Balance sheet details were as follows:

Accounts and Financing Receivables

        HP has revolving trade receivables-based facilities permitting it to sell certain trade receivables to third parties on a non-recourse basis. The aggregate maximum capacity under these programs was approximately $724 million as of July 31, 2008. HP sold approximately $2.1 billion of trade receivables during the first nine months of fiscal 2008. As of July 31, 2008, there was approximately $364 million available under these programs.

Inventory

Note 4: Balance Sheet Details

        Balance sheet details were as follows:

Accounts and Financing Receivables

        HP has revolving trade receivables-based facilities permitting it to sell certain trade receivables to third parties on a non-recourse basis. The aggregate maximum capacity under these programs was approximately $718 million as of April 30, 2008. HP sold approximately $1.6 billion of trade receivables during the first half of fiscal 2008. As of April 30, 2008, there was approximately $227 million available under these programs.

13

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Condensed Financial Statements (Continued)

(Unaudited)

Note 4: Balance Sheet Details (Continued)

Inventory

Note 4: Balance Sheet Details

        Balance sheet details were as follows:

Accounts and Financing Receivables

        HP has revolving trade receivables-based facilities permitting it to sell certain trade receivables to third parties on a non-recourse basis. The aggregate maximum capacity under these programs was approximately $647 million as of January 31, 2008. HP sold approximately $780 million of trade receivables during the first quarter of fiscal 2008. As of January 31, 2008, HP had approximately $114 million available under these programs.

Inventory

Note 4: Balance Sheet Details

        Balance sheet details were as follows:

Accounts and Financing Receivables

        HP has revolving trade receivables-based facilities permitting it to sell certain trade receivables to third parties on a non-recourse basis. The aggregate maximum capacity under these programs was approximately $511 million as of July 31, 2007. HP sold approximately $1.7 billion of trade receivables during the first nine months of fiscal 2007. As of July 31, 2007, there was approximately $197 million available under these programs.

Inventory

Note 4: Balance Sheet Details

        Balance sheet details were as follows:

Accounts and Financing Receivables

        HP has revolving trade receivables-based facilities permitting it to sell certain trade receivables to third parties on a non-recourse basis. The aggregate maximum capacity under these programs was approximately $512 million as of April 30, 2007. HP sold approximately $1.2 billion of trade receivables during the first half of fiscal 2007. Fees associated with these facilities do not generally differ materially from the cash discounts offered to these customers under alternative prompt payment programs. As of April 30, 2007, there was approximately $188 million available under these programs.

Inventory

Note 4: Balance Sheet Details

        Balance sheet details were as follows:

Accounts and Financing Receivables

        HP has revolving trade receivables-based facilities permitting it to sell certain trade receivables to third-parties on a non-recourse basis. The aggregate maximum capacity under these programs was approximately $1.2 billion as of July 31, 2006. The facility with the largest volume is one that is subject to a maximum amount of 525 million euros, or approximately $670 million (the "Euro Program"). HP sold trade receivables of approximately $2.1 billion during the first nine months of fiscal 2006, including approximately $1.4 billion under the Euro Program. Fees associated with these facilities generally do not differ materially from the cash discounts offered to these customers under the previous alternative prompt payment programs. As of July 31, 2006, there was approximately $535 million available under these programs, of which $343 million related to the Euro Program.

Inventory

Note 4: Balance Sheet Details

        Balance sheet details were as follows:

Accounts and Financing Receivables

        HP has revolving trade receivables-based facilities permitting it to sell certain trade receivables to third-parties on a non-recourse basis. The aggregate maximum capacity under these programs was approximately $1.2 billion as of April 30, 2006. The facility with the largest volume is one that is subject to a maximum amount of 525 million euros, or approximately $663 million (the "Euro Program"). HP sold trade receivables of approximately $2.2 billion during the first half of fiscal 2006, including approximately $1.6 billion under the Euro Program. Fees associated with these facilities generally do not differ materially from the cash discounts offered to these customers under the previous alternative prompt payment programs. As of April 30, 2006, there was approximately $509 million available under these programs, of which $311 million related to the Euro Program.

Inventory

Note 4: Balance Sheet Details

        Balance sheet details were as follows:

Accounts and Financing Receivables

12

        HP has revolving trade receivables-based facilities permitting it to sell certain trade receivables to third parties on a non-recourse basis. The aggregate maximum capacity under these programs was approximately $1.2 billion as of January 31, 2006. The facility with the largest volume is one that is subject to a maximum amount of 525 million euros, or approximately $638 million (the "Euro Program"). HP sold trade receivables of approximately $2.1 billion during the first three months of fiscal 2006, including approximately $1.4 billion under the Euro Program. Fees associated with these facilities generally do not differ materially from the cash discounts offered to these customers under the previous alternative prompt payment programs. As of January 31, 2006, there was approximately $532 million available under these programs, of which $386 million relates to the Euro Program.

Inventory

Note 3: Balance Sheet Details

        Balance sheet details were as follows:

Accounts and Financing Receivables

        HP has revolving trade receivables-based facilities to sell certain trade receivables to third parties on a non-recourse basis. The aggregate maximum capacity under these programs was approximately $1.2 billion as of July 31, 2005. The facility with the largest volume is one that is subject to a maximum amount of 525 million euros, approximately $637 million, (the "Euro Program"). Trade receivables of approximately $6.0 billion were sold during the nine months ended fiscal 2005, including approximately $4.1 billion under the Euro Program. Fees associated with these facilities do not generally differ materially from the cash discounts previously offered to these customers under the previous alternative prompt payment programs. As of July 31, 2005 approximately $644 million was available under these programs, of which $370 million relates to the Euro Program.

Inventory