Hewlett-Packard (HPQ)

Prior Fiscal Year Plans

        Restructuring plans initiated prior to 2008 are substantially complete and HP expects to record only minor revisions to these plans as necessary.

Prior Fiscal Year Plans

        Restructuring plans initiated prior to 2008 are substantially complete and HP expects to record only minor revisions to these plans as necessary.

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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Condensed Financial Statements (Continued)

(Unaudited)

Note 7: Restructuring Charges (Continued)

Prior Fiscal Year Plans

        Restructuring plans initiated prior to 2008 are substantially complete and HP expects to record only minor revisions to these plans as necessary.

Prior Fiscal Year Plans

        Restructuring plans initiated in fiscal years 2007, 2005, 2003, 2002 and 2001 are substantially complete, although HP records minor revisions to previous estimates as necessary. During fiscal 2008, HP recorded a net charge of $24 million due primarily to adjustments for severance and facilities costs associated with these prior-year plans. As of October 31, 2008, there was a remaining balance of

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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Financial Statements (Continued)

Note 8: Restructuring Charges (Continued)

approximately $77 million of accrued restructuring expenses associated with these plans. HP expects to pay the majority of these costs through 2018.

Prior Fiscal Year Plans

        Restructuring plans initiated in fiscal years 2007, 2005, 2003, 2002 and 2001 are substantially complete, although HP records minor
revisions to previous estimates as necessary. During fiscal 2008, HP recorded a net charge of $24 million due primarily to adjustments for severance and facilities costs associated with these
prior-year plans. As of October 31, 2008, there was a remaining balance of

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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Financial Statements (Continued)

Note 8: Restructuring Charges (Continued)

approximately
$77 million of accrued restructuring expenses associated with these plans. HP expects to pay the majority of these costs through 2018.