(a) Includes transformation costs of $20 million related to cumulative translation adjustments resulting from country exits associated with the HPE Next initiative, which was recorded within Interest and other, net.

(b) Represents the settlement of certain pre-separation Hewlett-Packard Company income tax liabilities indemnified through the Tax Matters Agreement with HP Inc.

(c) Represents the amortization of basis difference adjustments related to the H3C divestiture.

(d) Includes tax amounts in connection with the Everett and Seattle Transactions, tax amounts related to U.S. tax reform, tax amounts related to the settlement of certain pre-separation Hewlett-Packard Company income tax liabilities indemnified through the Tax Matters Agreement with HP Inc., and excess tax benefits associated with stock-based compensation.

For the twelve months ended October 31, 2018, the amount includes $2.0 billion benefit in connection with the settlement of certain pre-separation Hewlett-Packard Company income tax liabilities indemnified through the Tax Matters Agreement with HP Inc. Further, as a result of the impact of U.S. Tax Reform, it also includes $2.0 billion tax benefit from the application of the new tax rules including a lower federal tax rate to deferred tax assets and liabilities, partially offset by a provisional estimate of $1.7 billion of transition tax expense on accumulated non U.S. earnings, and a provisional estimate of $687 million of tax expense on valuation allowance on foreign tax credits. In connection with the Everett Transaction, for the twelve months ended October 31, 2018, this amount also includes $208 million benefit primarily from foreign tax credits and from the release of non U.S. valuation allowances on deferred taxes established in connection with the Everett Transaction, following changes in foreign tax laws.

For the twelve months ended October 31, 2017, the amount primarily includes the income tax benefit related to the U.S. foreign tax credits generated as a result of the Everett and Seattle Transactions, partially offset by income tax expense as a result of recording valuation allowance on certain U.S. deferred tax assets.

(e) For the twelve months ended October 31, 2017, this amount primarily includes the income tax benefit related to U.S. foreign tax credits generated as a result of the Everett and Seattle Transactions included in discontinued operations.

HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In millions, except par value)
	As of
	October 31, 2018				October 31, 2017
ASSETS
Current assets:
Cash and cash equivalents	$	4,880			$	9,579
Accounts receivable	3,263				3,073
Financing receivables	3,396				3,378
Inventory	2,447				2,315
Assets held for sale	6				14
Other current assets	3,280				3,085
Total current assets	17,272				21,444
Property, plant and equipment	6,138				6,269
Long-term financing receivables and other assets	11,359				12,600
Investments in equity interests	2,398				2,535
Goodwill and intangible assets	18,326				18,558
Total assets	$	55,493			$	61,406
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Notes payable and short-term borrowings	$	2,005			$	3,850
Accounts payable	6,092				6,072
Employee compensation and benefits	1,412				1,156
Taxes on earnings	378				429
Deferred revenue	3,177				3,128
Accrued restructuring	294				445
Other accrued liabilities	3,840				3,844
Total current liabilities	17,198				18,924
Long-term debt	10,136				10,182
Other non-current liabilities	6,885				8,795
Stockholders’ equity
HPE stockholders’ equity:
Preferred stock, $0.01 par value (300 shares authorized; none issued and outstanding at October 31, 2018)	—				—
Common stock, $0.01 par value (9,600 shares authorized; 1,423 and 1,595 issued and outstanding at October 31, 2018 and October 31, 2017, respectively)	14				16
Additional paid-in capital	30,342				33,583
Accumulated deficit	(5,899		)		(7,238		)
Accumulated other comprehensive loss	(3,218		)		(2,895		)
Total HPE stockholders’ equity	21,239				23,466
Non-controlling interests	35				39
Total stockholders’ equity	21,274				23,505
Total liabilities and stockholders’ equity	$	55,493			$	61,406

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