HP 2011 Annual Report Download - page 160

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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
Note 19: Segment Information (Continued)
Selected operating results information for each business segment was as follows for the following
fiscal years ended October 31:
Total Net Revenue Earnings (Loss) from Operations
2011 2010(1) 2009(1) 2011 2010(1) 2009(1)
In millions
Personal Systems Group ........... $ 39,574 $ 40,741 $ 35,305 $ 2,350 $ 2,032 $ 1,661
Services ....................... 35,954 35,529 35,380 5,149 5,661 5,102
Imaging and Printing Group ........ 25,783 25,764 24,011 3,973 4,412 4,310
Enterprise Servers, Storage and
Networking(2) ................. 22,241 20,356 16,121 3,026 2,825 1,657
HP Software(3) .................. 3,217 2,729 2,655 698 782 731
HP Financial Services ............. 3,596 3,047 2,673 348 281 206
Corporate Investments(4) ........... 322 346 191 (1,616) (366) (300)
Segment total ................... $130,687 $128,512 $116,336 $13,928 $15,627 $13,367
(1) Certain fiscal 2011 organizational reclassifications have been reflected retroactively to provide
improved visibility and comparability. In fiscal 2010 and fiscal 2009, the reclassifications resulted in
the transfer of revenue and operating profit among ESSN, HP Software, Services and Corporate
Investments. Reclassifications between segments included the transfer of the networking business
from Corporate Investments to ESSN, the transfer of the communications and media solutions
business from HP Software to Services, and the transfer of the business intelligence business from
HP Software to Corporate Investments. There was no impact on the previously reported financial
results for PSG, HPFS or IPG.
(2) Includes the results of 3Com and 3PAR from the dates of acquisition in April 2010 and September
2010, respectively.
(3) Includes the results of ArcSight from the date of acquisition in October 2010.
(4) Includes the results of Palm from the date of acquisition in July 2010 and the impact of the
decision to wind down the webOS device business during the quarter ended October 31, 2011.
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