HEWLETT PACKARD ENTERPRISE COMPANY (HPE) FY2024 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2023-11-01 to 2024-10-31

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HEWLETT PACKARD ENTERPRISE COMPANY cash flow reconciliation, Nov 1, 2023 through Oct 31, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net earnings attributable to HPE → Net cash from operating activities: $2,579,000,000.00Accounts payable → Operating adjustments reconciliation: $3,927,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $2,564,000,000.00Stock-based compensation expense → Operating adjustments reconciliation: $430,000,000.00Taxes on earnings → Operating adjustments reconciliation: $190,000,000.00Provision for inventory and credit losses → Operating adjustments reconciliation: $175,000,000.00Other, net → Operating adjustments reconciliation: $149,000,000.00Dividends received from equity investees → Operating adjustments reconciliation: $43,000,000.00Restructuring charges → Operating adjustments reconciliation: $33,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $1,762,000,000.00Operating adjustments reconciliation → Inventory: $3,358,000,000.00Operating adjustments reconciliation → Financing receivables: $909,000,000.00Operating adjustments reconciliation → Gain on sale of equity interest: $733,000,000.00Operating adjustments reconciliation → Other assets and liabilities: $291,000,000.00Operating adjustments reconciliation → Restructuring: $164,000,000.00Operating adjustments reconciliation → Earnings from equity interests: $147,000,000.00Operating adjustments reconciliation → Accounts receivable: $83,000,000.00Operating adjustments reconciliation → Deferred taxes on earnings: $64,000,000.00Proceeds from debt, net of issuance costs → financing reconciliation: $11,245,000,000.00Proceeds from issuance of 7.625% Series C mandatory convertible preferred stock, net of issuance costs → financing reconciliation: $1,462,000,000.00financing reconciliation → Net cash from financing activities: $6,283,000,000.00financing reconciliation → Payment of debt: $5,475,000,000.00financing reconciliation → Cash dividends paid to shareholders: $676,000,000.00financing reconciliation → Repurchase of common stock: $150,000,000.00financing reconciliation → Net payments related to stock-based award activities: $84,000,000.00financing reconciliation → Short-term borrowings with original maturities less than 90 days, net: $31,000,000.00financing reconciliation → Cash dividends paid to non-controlling interests, net of contributions: $8,000,000.00Net cash used in investing activities → investing reconciliation: $53,000,000.00Proceeds from maturities and sales of investments → investing reconciliation: $2,149,000,000.00Financial collateral received → investing reconciliation: $978,000,000.00Proceeds from sale of property, plant and equipment → investing reconciliation: $370,000,000.00investing reconciliation → Investment in property, plant and equipment and software assets: $2,367,000,000.00investing reconciliation → Financial collateral posted: $1,020,000,000.00investing reconciliation → Payments made in connection with business acquisitions, net of cash acquired: $147,000,000.00investing reconciliation → Purchases of investments: $16,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $4,581,000,000.00Net cash from operating activities → Cash sources and uses: $4,341,000,000.00Net cash from financing activities → Cash sources and uses: $6,283,000,000.00Cash sources and uses → Exchange-rate effect: $47,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $15,105,000,000.00Cash sources and uses → Net cash used in investing activities: $53,000,000.00Net earnings attributable to HPE: $2,579,000,000.00Net earnings attributable to HPE+$2.58 BDepreciation and amortization: $2,564,000,000.00Depreciation & amortization+$2.56 BImpairment of goodwill: $0.00Stock-based compensation expense: $430,000,000.00Stock-based compensation+$430.00 MProvision for inventory and credit losses: $175,000,000.00Inventory write-downs+$175.00 MRestructuring charges: $33,000,000.00Restructuring charges+$33.00 MDeferred taxes on earnings: -$64,000,000.00Deferred income taxes−$64.00 MEarnings from equity interests: -$147,000,000.00Equity-method results−$147.00 MDividends received from equity investees: $43,000,000.00Equity-method distributions+$43.00 MOther, net: $149,000,000.00Other non-cash items+$149.00 MAccounts receivable: -$83,000,000.00Accounts receivable−$83.00 MFinancing receivables: -$909,000,000.00Finance receivables, net−$909.00 MInventory: -$3,358,000,000.00Inventories−$3.36 BAccounts payable: $3,927,000,000.00Trade payables+$3.93 BTaxes on earnings: $190,000,000.00Income taxes payable+$190.00 MRestructuring: -$164,000,000.00Restructuring reserves, net−$164.00 MOther assets and liabilities: -$291,000,000.00Other working capital, net−$291.00 MGain on sale of equity interest: -$733,000,000.00Equity-method sale gain & loss−$733.00 MNet cash from operating activities: $4,341,000,000.00Operating cash+$4.34 BOperating adjustments reconciliation: $7,511,000,000.00Short-term borrowings with original maturities less than 90 days, net: -$31,000,000.00Short-term debt, net−$31.00 MProceeds from debt, net of issuance costs: $11,245,000,000.00Debt issued, net of costs+$11.25 BPayment of debt: -$5,475,000,000.00Debt & capital securities repaid−$5.48 BCash dividends paid to non-controlling interests, net of contributions: -$8,000,000.00Noncontrolling dividends−$8.00 MCash dividends paid to shareholders: -$676,000,000.00Common dividends paid−$676.00 MNet payments related to stock-based award activities: -$84,000,000.00Stock-award tax withholding−$84.00 MRepurchase of common stock: -$150,000,000.00Common stock repurchases−$150.00 MCash settlement for derivative hedging debt: $0.00Proceeds from issuance of 7.625% Series C mandatory convertible preferred stock, net of issuance costs: $1,462,000,000.00Preferred stock issued+$1.46 BNet cash from financing activities: $6,283,000,000.00Financing cash+$6.28 Bfinancing reconciliation: $12,707,000,000.00Investment in property, plant and equipment and software assets: -$2,367,000,000.00Capital expenditures−$2.37 BProceeds from sale of property, plant and equipment: $370,000,000.00Asset sales+$370.00 MPurchases of investments: -$16,000,000.00Marketable securities purchases−$16.00 MProceeds from maturities and sales of investments: $2,149,000,000.00Investment sales & maturities+$2.15 BFinancial collateral posted: -$1,020,000,000.00Financial collateral posted−$1.02 BFinancial collateral received: $978,000,000.00Financial collateral received+$978.00 MPayments made in connection with business acquisitions, net of cash acquired: -$147,000,000.00Acquisitions, net of cash−$147.00 MNet cash used in investing activities: -$53,000,000.00. Cash required to fund net payments.Investing cash−$53.00 Minvesting reconciliation: $3,550,000,000.00Cash sources and uses: $15,205,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $4,581,000,000.00Beginning cash$4.58 BEnding cash: Cash, cash equivalents, and restricted cash: $15,105,000,000.00Ending cash$15.11 BExchange-rate effect: -$47,000,000.00FX effect−$47.00 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$1.97 BOperating cash − cash spent on productive assetsCash flow / Net income1.68×Operating cash flow ÷ net incomeNet cash change+$10.52 BEnding cash − beginning cash
Chart details

HEWLETT PACKARD ENTERPRISE COMPANY cash flow reconciliation, Nov 1, 2023 through Oct 31, 2024

Cash flows for Nov 1, 2023 through Oct 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Oct 31, 2023. Ending cash: Oct 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Oct 31, 2023
4,581,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
4,341,000,000 US dollars. Net cash provided.
Net earnings attributable to HPE
2,579,000,000 US dollars
Depreciation and amortization
2,564,000,000 US dollars
Impairment of goodwill
0 US dollars
Stock-based compensation expense
430,000,000 US dollars
Provision for inventory and credit losses
175,000,000 US dollars
Restructuring charges
33,000,000 US dollars
Deferred taxes on earnings
negative 64,000,000 US dollars
Earnings from equity interests
negative 147,000,000 US dollars
Dividends received from equity investees
43,000,000 US dollars
Other, net
149,000,000 US dollars
Accounts receivable
negative 83,000,000 US dollars
Financing receivables
negative 909,000,000 US dollars
Inventory
negative 3,358,000,000 US dollars
Accounts payable
3,927,000,000 US dollars
Taxes on earnings
190,000,000 US dollars
Restructuring
negative 164,000,000 US dollars
Other assets and liabilities
negative 291,000,000 US dollars
Gain on sale of equity interest
negative 733,000,000 US dollars
Investing activities
negative 53,000,000 US dollars. Net cash used.
Investment in property, plant and equipment and software assets
negative 2,367,000,000 US dollars
Proceeds from sale of property, plant and equipment
370,000,000 US dollars
Purchases of investments
negative 16,000,000 US dollars
Proceeds from maturities and sales of investments
2,149,000,000 US dollars
Financial collateral posted
negative 1,020,000,000 US dollars
Financial collateral received
978,000,000 US dollars
Payments made in connection with business acquisitions, net of cash acquired
negative 147,000,000 US dollars
Financing activities
6,283,000,000 US dollars. Net cash provided.
Short-term borrowings with original maturities less than 90 days, net
negative 31,000,000 US dollars
Proceeds from debt, net of issuance costs
11,245,000,000 US dollars
Payment of debt
negative 5,475,000,000 US dollars
Cash dividends paid to non-controlling interests, net of contributions
negative 8,000,000 US dollars
Cash dividends paid to shareholders
negative 676,000,000 US dollars
Net payments related to stock-based award activities
negative 84,000,000 US dollars
Repurchase of common stock
negative 150,000,000 US dollars
Cash settlement for derivative hedging debt
0 US dollars
Proceeds from issuance of 7.625% Series C mandatory convertible preferred stock, net of issuance costs
1,462,000,000 US dollars
Operating adjustment reconciliation
7,511,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
12,707,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
3,550,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 47,000,000 US dollars
Ending cash on Oct 31, 2024
15,105,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
15,205,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
10,524,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.68×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
4,341,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
2,367,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
1,974,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $1.76B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 4,341,000,000 US dollars minus 2,367,000,000 US dollars equals 1,974,000,000 US dollars.
HEWLETT PACKARD ENTERPRISE COMPANY (HPE) FY2024 Annual Statement of Cash Flows Sankey chart
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