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This excerpt taken from the HPQ 10-Q filed Mar 11, 2010. Property, Plant and Equipment
These excerpts taken from the HPQ 10-K filed Dec 17, 2009. Property, Plant and Equipment HP states property, plant and equipment at cost less accumulated depreciation. HP capitalizes additions and improvements and expenses maintenance and repairs as incurred. Depreciation is computed using straight-line or accelerated methods over the estimated useful lives of the assets. Estimated useful lives are 5 to 40 years for buildings and improvements and 3 to 15 years for machinery and equipment. HP depreciates leasehold improvements over the life of the lease or the asset, whichever is shorter. HP depreciates equipment held for lease over the initial term of the lease to the equipment's estimated residual value. The estimated useful lives of assets used solely to support a customer services contract generally do not exceed the term of the customer contract. HP capitalizes certain internal and external costs incurred to acquire or create internal use software, principally related to software coding, designing system interfaces and installation and testing of the software. HP amortizes capitalized internal use software costs using the straight-line method over the estimated useful lives of the software, generally from three to five years. Property, Plant and Equipment
Depreciation expense was approximately $3.2 billion in fiscal 2009, $2.4 billion in fiscal 2008 and $1.9 billion in fiscal 2007. This excerpt taken from the HPQ 10-Q filed Jun 5, 2009. Property, Plant and Equipment
These excerpts taken from the HPQ 10-K filed Dec 18, 2008. Property, Plant and Equipment
Depreciation expense was approximately $2.4 billion in fiscal 2008, $1.9 billion in fiscal 2007 and $1.7 billion in fiscal 2006. Property, Plant and Equipment
Depreciation This excerpt taken from the HPQ 10-K filed Dec 18, 2007. Property, Plant and Equipment
Depreciation expense was approximately $1.9 billion in fiscal 2007 and $1.7 billion in both fiscal 2006 and fiscal 2005. This excerpt taken from the HPQ 10-K filed Dec 22, 2006. Property, Plant and Equipment
Depreciation expense was approximately $1.7 billion in fiscal 2006, $1.7 billion in fiscal 2005 and $1.8 billion in fiscal 2004. This excerpt taken from the HPQ 10-K filed Dec 21, 2005. Property, Plant and Equipment
Depreciation expense was approximately $1.7 billion in fiscal 2005, $1.8 billion in fiscal 2004 and $2.0 billion in fiscal 2003. 86 This excerpt taken from the HPQ 10-K filed Jan 14, 2005. Property, Plant and Equipment
Depreciation expense was approximately $1.8 billion in fiscal 2004, $2.0 billion in fiscal 2003 and $1.7 billion in fiscal 2002. | EXCERPTS ON THIS PAGE:
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