| HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE (Unaudited) (In millions, except per share amounts) | ||||||||
| Three months ended | ||||||||
| April 30, 2024 | January 31, 2024 | April 30, 2023 | ||||||
| Numerator: | ||||||||
| GAAP net earnings | $ | 607 | $ | 622 | $ | 1,054 | ||
| Non-GAAP net earnings | $ | 812 | $ | 808 | $ | 785 | ||
| Denominator: | ||||||||
| Weighted-average shares used to compute basic net earnings per share | 984 | 995 | 991 | |||||
| Dilutive effect of employee stock plans(a) | 6 | 7 | 7 | |||||
| Weighted-average shares used to compute diluted net earnings per share | 990 | 1,002 | 998 | |||||
| GAAP diluted net earnings per share | $ | 0.61 | $ | 0.62 | $ | 1.06 | ||
| Non-GAAP diluted net earnings per share | $ | 0.82 | $ | 0.81 | $ | 0.79 | ||
| (a) Includes any dilutive effect of restricted stock units, stock options and performance-based awards. | ||||||||
HP Inc. Reports Fiscal 2024 Second Quarter Results
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