Analysis: Deferred Assets and Liabilities, Net

Entity Registrant Name HEWLETT PACKARD CO
CIK 0000047217
Accession number 0001047469-13-011417
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/47217/000104746913011417/hpq-20131031.xml
Fiscal year end --10-31
Fiscal year focus 2013
Fiscal period focus FY
Current balance sheet date 2013-10-31
Current year-to-date income statement start date 2012-11-01

Commentary Conforms with all rules.

Level 3 Text Block concept us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
  2013   2012  
 
  Deferred
Tax Assets
  Deferred
Tax
Liabilities
  Deferred
Tax
Assets
  Deferred
Tax
Liabilities
 
 
  In millions
 

Loss carryforwards

  $ 9,807   $   $ 9,142   $  

Credit carryforwards

    4,261         3,884      

Unremitted earnings of foreign subsidiaries

        7,469         7,559  

Inventory valuation

    128     13     185     12  

Intercompany transactions—profit in inventory

    125         463      

Intercompany transactions—excluding inventory

    1,923         881      

Fixed assets

    289     72     349     65  

Warranty

    622         663      

Employee and retiree benefits

    2,350     11     3,264     16  

Accounts receivable allowance

    185     1     161     2  

Intangible assets

    224     886     264     1,111  

Restructuring

    340         225      

Deferred revenue

    1,119     19     969     16  

Other

    1,443     759     1,107     367  
                   

Gross deferred tax assets and liabilities

    22,816     9,230     21,557     9,148  

Valuation allowance

    (11,390 )       (10,223 )    
                   

Net deferred tax assets and liabilities

  $ 11,426   $ 9,230   $ 11,334   $ 9,148  
                   

Level 4 Details Key Concepts: Deferred tax assets (liabilities)

Description Fact value US GAAP XBRL Concept
Deferred tax assets, gross 22,816,000,000 us-gaap:DeferredTaxAssetsGross
Valuation allowance -11,390,000,000 us-gaap:DeferredTaxAssetsValuationAllowance
Deferred tax assets, net 11,426,000,000 us-gaap:DeferredTaxAssetsNet
Deferred tax liabilities -9,230,000,000 us-gaap:DeferredIncomeTaxLiabilities
Deferred tax assets (liabilities), net 2,196,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 0

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(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets, net, current 3,893,000,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax assets, net, noncurrent 1,346,000,000 us-gaap:DeferredTaxAssetsNetNoncurrent
Deferred tax liabilities, net, current -375,000,000 us-gaap:DeferredTaxLiabilitiesCurrent
Deferred tax liabilities, net, noncurrent -2,668,000,000 us-gaap:DeferredIncomeTaxLiabilities
Deferred tax assets (liabilities), net 2,196,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 0

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(Unclassified balance sheet) Deferred tax assets (liabilities), net components asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets 11,426,000,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax liabilities, net -9,230,000,000 us-gaap:DeferredIncomeTaxLiabilities
Deferred tax assets (liabilities), net 2,196,000,000 us-gaap:DeferredTaxAssetsLiabilitiesNet
CHECK 0

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