Exhibit 99.2
HP INC. AND SUBSIDIARIES | |
ADJUSTMENT TO CONSOLIDATED CONDENSED BALANCE SHEET AS OF JANUARY 31, 2016 | |
(Unaudited) | |
(In millions) |
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| As of |
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|
| January 31, 2016 |
| January 31, 2016 |
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| (original) |
| (as adjusted) |
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ASSETS |
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Current assets: |
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Cash and cash equivalents |
| $ | 3,688 |
| $ | 3,688 |
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Accounts receivable |
| 4,114 |
| 4,114 |
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Inventory |
| 4,052 |
| 4,052 |
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Other current assets |
| 3,301 |
| 3,301 |
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Current assets of discontinued operations |
| - |
| - |
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Total current assets |
| 15,155 |
| 15,155 |
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Property, plant and equipment |
| 1,529 |
| 1,529 |
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Other non-current assets |
| 3,873 |
| 3,077 |
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Goodwill and intangible assets |
| 5,756 |
| 5,756 |
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Non-current assets of discontinued operations |
| - |
| - |
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Total assets |
| $ | 26,313 |
| $ | 25,517 |
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LIABILITIES AND STOCKHOLDERS’ EQUITY |
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Current liabilities: |
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Notes payable and short-term borrowings |
| $ | 49 |
| $ | 49 |
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Accounts payable |
| 9,041 |
| 9,041 |
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Employee compensation and benefits |
| 553 |
| 553 |
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Taxes on earnings |
| 182 |
| 182 |
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Deferred revenue |
| 863 |
| 863 |
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Other accrued liabilities |
| 6,073 |
| 6,073 |
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Current liabilities of discontinued operations |
| - |
| - |
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Total current liabilities |
| 16,761 |
| 16,761 |
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Long-term debt |
| 6,683 |
| 6,683 |
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Other non-current liabilities |
| 8,644 |
| 6,982 |
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Non-current liabilities of discontinued operations |
| - |
| - |
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Stockholders’ (deficit) equity: |
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HP stockholders’ (deficit) equity |
| (5,775 | ) | (4,909 | ) | ||
Non-controlling interests |
| - |
| - |
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Total stockholders’ (deficit) equity |
| (5,775 | ) | (4,909 | ) | ||
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Total liabilities and stockholder’s equity |
| $ | 26,313 |
| $ | 25,517 |
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