HPQ » Topics » Notes Payable and Short-Term Borrowings

This excerpt taken from the HPQ 10-Q filed Mar 11, 2010.

Notes Payable and Short-Term Borrowings

        Notes payable and short-term borrowings, including the current portion of long-term debt, were as follows:

 
  January 31, 2010   October 31, 2009  
 
  Amount
Outstanding
  Weighted-
Average
Interest
Rate
  Amount
Outstanding
  Weighted-
Average
Interest
Rate
 
 
  In millions
 

Current portion of long-term debt

  $ 1,113     0.8 % $ 1,143     1.0 %

Commercial paper

    296     1.0 %   294     1.2 %

Notes payable to banks, lines of credit and other

    453     2.6 %   413     2.0 %
                       

  $ 1,862         $ 1,850        
                       

        Notes payable to banks, lines of credit and other includes deposits associated with HP's banking-related activities of approximately $320 million and $326 million at January 31, 2010 and October 31, 2009, respectively.

27



HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Condensed Financial Statements (Continued)

(Unaudited)

Note 12: Borrowings (Continued)

This excerpt taken from the HPQ 10-K filed Dec 17, 2009.

Notes Payable and Short-Term Borrowings

        Notes payable and short-term borrowings, including the current portion of long-term debt, were as follows for the following fiscal years ended October 31:

 
  2009   2008  
 
  Amount
Outstanding
  Weighted-
Average
Interest Rate
  Amount
Outstanding
  Weighted-
Average
Interest Rate
 
 
  In millions
 

Current portion of long-term debt

  $ 1,143     1.0 % $ 2,674     4.3 %

Commercial paper

    294     1.2 %   7,146     2.7 %

Notes payable to banks, lines of credit and other

    413     2.0 %   356     5.3 %
                       

  $ 1,850         $ 10,176        
                       

        Notes payable to banks, lines of credit and other includes deposits associated with HP's banking-related activities of approximately $326 million and $262 million at October 31, 2009 and 2008, respectively.

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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Financial Statements (Continued)

Note 13: Borrowings (Continued)

This excerpt taken from the HPQ 10-Q filed Jun 5, 2009.

Notes Payable and Short-Term Borrowings

        Notes payable and short-term borrowings, including the current portion of long-term debt, were as follows:

 
  April 30, 2009   October 31, 2008  
 
  Amount
Outstanding
  Weighted-
Average
Interest
Rate
  Amount
Outstanding
  Weighted-
Average
Interest
Rate
 
 
  In millions
 

Commercial paper

  $ 2,703     0.8 % $ 7,146     2.7 %

Current portion of long-term debt

    2,648     3.3 %   2,674     4.3 %

Notes payable to banks, lines of credit and other

    351     2.2 %   356     5.3 %
                       

  $ 5,702         $ 10,176        
                       

        Notes payable to banks, lines of credit and other includes deposits associated with HP's banking-related activities of approximately $291 million and $262 million at April 30, 2009 and October 31, 2008, respectively.

32



HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Condensed Financial Statements (Continued)

(Unaudited)

Note 12: Borrowings (Continued)

This excerpt taken from the HPQ 10-Q filed Mar 10, 2009.

Notes Payable and Short-Term Borrowings

        Notes payable and short-term borrowings, including the current portion of long-term debt, were as follows:

 
  January 31, 2009   October 31, 2008  
 
  Amount Outstanding   Weighted-Average Interest Rate   Amount Outstanding   Weighted-Average Interest Rate  
 
  In millions
 

Commercial paper

  $ 7,213     1.0 % $ 7,146     2.7 %

Current portion of long-term debt

    2,654     3.8 %   2,674     4.3 %

Notes payable to banks, lines of credit and other

    332     3.0 %   356     5.3 %
                       

  $ 10,199         $ 10,176        
                       

        Notes payable to banks, lines of credit and other includes deposits associated with HP's banking-related activities of approximately $247 million and $262 million at January 31, 2009 and October 31, 2008, respectively.

24



HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Condensed Financial Statements (Continued)

(Unaudited)

Note 11: Borrowings (Continued)

These excerpts taken from the HPQ 10-K filed Dec 18, 2008.

Notes Payable and Short-Term Borrowings

        Notes payable and short-term borrowings, including the current portion of long-term debt, were as follows for the following fiscal years ended October 31:

 
  2008   2007  
 
  Amount
Outstanding
  Weighted-Average
Interest Rate
  Amount
Outstanding
  Weighted-
Average
Interest Rate
 
 
  In millions
 

Current portion of long-term debt

  $ 2,674     4.3 % $ 675     4.0 %

Commercial paper

    7,146     2.7 %   2,065     5.0 %

Notes payable to banks, lines of credit and other

    356     5.3 %   446     5.2 %
                       

  $ 10,176         $ 3,186        
                       

        Notes payable to banks, lines of credit and other includes deposits associated with HP's banking-related activities of approximately $262 million and $391 million at October 31, 2008 and 2007, respectively.

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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Financial Statements (Continued)

Note 12: Borrowings (Continued)

Notes Payable and Short-Term Borrowings





        Notes payable and short-term borrowings, including the current portion of long-term debt, were as follows for
the following fiscal years ended October 31:












































































































































 
 2008  2007  
 
 Amount

Outstanding
 Weighted-Average

Interest Rate
 Amount

Outstanding
 Weighted-

Average

Interest Rate
 
 
 In millions
 

Current portion of long-term debt

 $2,674  4.3%$675  4.0%

Commercial paper

  7,146  2.7% 2,065  5.0%

Notes payable to banks, lines of credit and other

  356  5.3% 446  5.2%
            

 $10,176    $3,186    
            




        Notes
payable to banks, lines of credit and other includes deposits associated with HP's banking-related activities of approximately $262 million and $391 million at
October 31, 2008 and 2007, respectively.



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HREF="#bg72001a_main_toc">Table of Contents





HEWLETT-PACKARD COMPANY AND SUBSIDIARIES



Notes to Consolidated Financial Statements (Continued)




Note 12: Borrowings (Continued)





This excerpt taken from the HPQ 10-Q filed Sep 5, 2008.

Notes Payable and Short-Term Borrowings

        Notes payable and short-term borrowings, including the current portion of long-term debt, were as follows:

 
  July 31, 2008   October 31, 2007  
 
  Amount
Outstanding
  Weighted-
Average
Interest Rate
  Amount
Outstanding
  Weighted-
Average
Interest Rate
 
 
  In millions
 

Current portion of long-term debt

  $ 1,088     2.9 % $ 675     4.0 %

Commercial paper

    2,093     2.4 %   2,065     5.0 %

Notes payable to banks, lines of credit and other

    410     3.9 %   446     5.2 %
                       

  $ 3,591         $ 3,186        
                       

        Notes payable to banks, lines of credit and other includes deposits associated with HP's banking-related activities of approximately $344 million and $391 million at July 31, 2008 and October 31, 2007, respectively.

19


HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Condensed Financial Statements (Continued)

(Unaudited)

Note 10: Borrowings (Continued)

This excerpt taken from the HPQ 10-Q filed Jun 6, 2008.

Notes Payable and Short-Term Borrowings

        Notes payable and short-term borrowings, including the current portion of long-term debt, were as follows:

 
  April 30, 2008
  October 31, 2007
 
 
  Amount
Outstanding

  Weighted-Average
Interest Rate

  Amount
Outstanding

  Weighted-
Average
Interest Rate

 
 
  In millions

 
Current portion of long-term debt   $ 87   5.0 % $ 675   4.0 %
Commercial paper     221   3.6 %   2,065   5.0 %
Notes payable to banks, lines of credit and other     403   3.7 %   446   5.2 %
   
     
     
    $ 711       $ 3,186      
   
     
     

        Notes payable to banks, lines of credit and other includes deposits associated with HP's banking-related activities of approximately $344 million and $391 million at April 30, 2008 and October 31, 2007, respectively.

18


HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Condensed Financial Statements (Continued)

(Unaudited)

Note 10: Borrowings (Continued)

This excerpt taken from the HPQ 10-Q filed Mar 10, 2008.

Notes Payable and Short-Term Borrowings

        Notes payable and short-term borrowings, including the current portion of long-term debt, were as follows:

 
  January 31, 2008
  October 31, 2007
 
 
  Amount
Outstanding

  Weighted-
Average
Interest Rate

  Amount
Outstanding

  Weighted-
Average
Interest Rate

 
 
  In millions

 
Current portion of long-term debt   $ 595   3.9 % $ 675   4.0 %
Commercial paper     1,183   3.3 %   2,065   5.0 %
Notes payable to banks, lines of credit and other     434   5.4 %   446   5.2 %
   
     
     
    $ 2,212       $ 3,186      
   
     
     

16


HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Condensed Financial Statements (Continued)

(Unaudited)

Note 10: Borrowings (Continued)

        Notes payable to banks, lines of credit and other includes deposits associated with HP's banking-related activities of approximately $342 million and $391 million at January 31, 2008 and October 31, 2007, respectively.

This excerpt taken from the HPQ 10-K filed Dec 18, 2007.

Notes Payable and Short-Term Borrowings

        Notes payable and short-term borrowings, including the current portion of long-term debt, were as follows for the following fiscal years ended October 31:

 
  2007
  2006
 
 
  Amount
Outstanding

  Weighted-
Average
Interest Rate

  Amount
Outstanding

  Weighted-
Average
Interest Rate

 
 
  In millions

 
Current portion of long-term debt   $ 675   4.0 % $ 2,081   5.7 %
Commercial paper     2,065   5.0 %   190   3.3 %
Notes payable to banks, lines of credit and other     446   5.2 %   434   4.6 %
   
     
     
    $ 3,186       $ 2,705      
   
     
     

        Notes payable to banks, lines of credit and other includes deposits associated with HP's banking-related activities of approximately $391 million and $393 million at October 31, 2007 and 2006, respectively.

112



This excerpt taken from the HPQ 10-Q filed Sep 7, 2007.

Notes Payable and Short-Term Borrowings

        Notes payable and short-term borrowings, including the current portion of long-term debt, were as follows:

 
  July 31, 2007
  October 31, 2006
 
 
  Amount
Outstanding

  Weighted-
Average
Interest Rate

  Amount
Outstanding

  Weighted-
Average
Interest Rate

 
 
  In millions

 
Current portion of long-term debt   $ 707   4.0 % $ 2,081   5.7 %
Commercial paper     2,465   5.3 %   190   3.3 %
Notes payable to banks, lines of credit and other     495   5.2 %   434   4.6 %
   
     
     
    $ 3,667       $ 2,705      
   
     
     

        Notes payable to banks, lines of credit and other includes deposits associated with HP's banking-related activities of approximately $447 million and $393 million at July 31, 2007 and October 31, 2006, respectively.

21



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