Hewlett Packard Enterprise Co 10-Q for FY2023 Q3

Hewlett Packard Enterprise Co (HPE)

10-Q 2023-09-01 For: 2023-07-31

Added on April 08, 2026

About this 10-Q

Hewlett Packard Enterprise Co filed this 10-Q on September 1, 2023, covering the quarter ended July 31, 2023 (FY2023 Q3).

Headline figures

Quarter ended July 31, 2023, as reported in this filing, compared with the same period a year earlier where the filing states it.

Revenue: $7B; up 0.7% from $6.95B a year earlier
Net income: $464M; up 13.4% from net income of $409M a year earlier
Diluted EPS: $0.35; up 12.9% from $0.31 a year earlier

Search and read filings like this one from Claude or ChatGPT with the SEC filings MCP server →


Delaware						47-3298624
(State or other jurisdiction of incorporation or organization)						(I.R.S. employer identification no.)


			Page
Forward-Looking Statements			3
Part I.	Financial Information
	Item 1.	Financial Statements (Unaudited)	4
	Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	38
	Item 3.	Quantitative and Qualitative Disclosures About Market Risk	61
	Item 4.	Controls and Procedures	61
Part II.	Other Information
	Item 1.	Legal Proceedings	61
	Item 1A.	Risk Factors	61
	Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	61
	Item 5.	Other Information	62
	Item 6.	Exhibits	63
Exhibit Index			64
Signature			69


			Page
Condensed Consolidated Statements of Earnings for the three and nine months ended July 31 , 2023 and 2022 (Unaudited)			5

Condensed Consolidated Statements of Comprehensive Income for the three and nine months ended July 31 , 2023 and 2022 (Unaudited)			6

Condensed Consolidated Balance Sheets as of July 3 1 , 2023 (Unaudited) and October 31, 2022 (Audited)			7

Condensed Consolidated Statements of Cash Flows for the nine months ended July 31 , 2023 and 2022 (Unaudited)			8

Condensed Consolidated Statements of Stockholders' Equity for the thr ee and nine months ended July 31 , 2023 and 2022 (Unaudited)			9

Notes to Condensed Consolidated Financial Statements (Unaudited)			11

Note 1: Overview and Summary of Significant Accounting Policies			11

Note 2: Segment Information			12

Note 3: Transformation Programs			15

Note 4: Retirement Benefit Plans			17

Note 5: Taxes on Earnings			17

Note 6: Balance Sheet Details			18

Note 7: Accounting for Leases as a Lessor			20

Note 8: Acquisitions			24

Note 9: Goodwill			25

Note 10: Fair Value			25

Note 11: Financial Instruments			28

Note 12: Borrowings			31

Note 13: Stockholders' Equity			33

Note 14: Net Earnings Per Share			33

Note 15: Litigation, Contingencies, and Commitments			34

Note 16: Equity Method Investments			37


	For the three months ended July 31,				For the nine months ended July 31,
	2023		2022		2023		2022
	In millions, except per share amounts
Net Revenue:
Products	$	4,231	$	4,314	$	13,587	$	12,597
Services	2,629		2,516		7,802		7,663
Financing income	142		121		395		365
Total net revenue	7,002		6,951		21,784		20,625
Costs and Expenses:
Cost of products	2,744		2,966		8,942		8,816
Cost of services	1,646		1,535		4,892		4,648
Financing cost	102		54		270		248
Research and development	578		509		1,771		1,530
Selling, general and administrative	1,302		1,229		3,828		3,679
Amortization of intangible assets	72		73		216		220

Transformation costs	65		80		227		289
Disaster charges	1		30		5		49
Acquisition, disposition and other related charges	21		9		51		25
Total costs and expenses	6,531		6,485		20,202		19,504
Earnings from operations	471		466		1,582		1,121
Interest and other, net	(50)		(74)		(129)		(79)
Tax indemnification and related adjustments	45		(30)		50		(47)
Non-service net periodic benefit (cost) credit	(3)		34		(2)		106
Earnings from equity interests	73		68		180		132
Earnings before provision for taxes	536		464		1,681		1,233
Provision for taxes	(72)		(55)		(298)		(61)
Net earnings	$	464	$	409	$	1,383	$	1,172
Net Earnings Per Share:
Basic	$	0.36	$	0.31	$	1.06	$	0.90
Diluted	$	0.35	$	0.31	$	1.05	$	0.88

Weighted-average Shares Used to Compute Net Earnings Per Share:
Basic	1,299		1,305		1,300		1,306
Diluted	1,316		1,323		1,317		1,326


	For the three months ended July 31,				For the nine months ended July 31,
	2023		2022		2023		2022
	In millions
Net earnings	$	464	$	409	$	1,383	$	1,172
Other Comprehensive Income (Loss) Before Taxes:
Change in Net Unrealized (Losses) Gains on Available-for-sale Securities:
Net unrealized (losses) gains arising during the period	(1)		(3)		4		(11)

	(1)		(3)		4		(11)
Change in Net Unrealized Gains (Losses) on Cash Flow Hedges:
Net unrealized (losses) gains arising during the period	(25)		163		(525)		723
Net losses (gains) reclassified into earnings	60		(215)		346		(680)
	35		(52)		(179)		43
Change in Unrealized Components of Defined Benefit Plans:
Net unrealized (losses) gains arising during the period	(2)		—		(2)		6
Amortization of net actuarial loss and prior service benefit	37		39		108		120
Curtailments, settlements and other	3		—		3		2
	38		39		109		128
Change in Cumulative Translation Adjustment	(30)		(45)		(11)		(81)
Other Comprehensive Income (Loss) Before Taxes	42		(61)		(77)		79
(Provision) Benefit for Taxes	(13)		8		26		(26)
Other Comprehensive Income (Loss), Net of Taxes	29		(53)		(51)		53
Comprehensive Income	$	493	$	356	$	1,332	$	1,225


(Mark One)
☒						QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


☐						TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to


	As of
	July 31, 2023		October 31, 2022
	(Unaudited)		(Audited)
	In millions, except par value
ASSETS
Current Assets:
Cash and cash equivalents	$	2,919	$	4,163
Accounts receivable, net of allowances	3,448		4,101
Financing receivables, net of allowances	3,718		3,522
Inventory	4,541		5,161

Other current assets	3,029		3,559
Total current assets	17,655		20,506
Property, plant and equipment	6,089		5,784
Long-term financing receivables and other assets	11,659		10,537
Investments in equity interests	2,293		2,160
Goodwill	17,994		17,403
Intangible assets	725		733
Total assets	$	56,415	$	57,123
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Notes payable and short-term borrowings	$	4,486	$	4,612
Accounts payable	5,604		8,717
Employee compensation and benefits	1,570		1,401
Taxes on earnings	215		176
Deferred revenue	3,654		3,451
Accrued restructuring	149		192
Other accrued liabilities	4,492		4,625
Total current liabilities	20,170		23,174
Long-term debt	8,866		7,853
Other non-current liabilities	6,702		6,187
Commitments and Contingencies
Stockholders' Equity
HPE Stockholders' Equity:

Common stock, $0.01 par value (9,600 shares authorized; 1,283 and 1,281 shares issued and outstanding as of July 31, 2023 and October 31, 2022, respectively)	13		13
Additional paid-in capital	28,191		28,299
Accumulated deficit	(4,433)		(5,350)
Accumulated other comprehensive loss	(3,149)		(3,098)
Total HPE stockholders' equity	20,622		19,864
Non-controlling interests	55		45
Total stockholders' equity	20,677		19,909
Total liabilities and stockholders' equity	$	56,415	$	57,123


	Common Stock
For the three months ended July 31, 2023	Number of Shares	Par Value		Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Equity Attributable to the Company		Non- controlling Interests		Total Equity
	In millions, except number of shares in thousands
Balance as of April 30, 2023	1,291,503	$	13	$	28,274	$	(4,743)	$	(3,178)	$	20,366	$	55	$	20,421
Net earnings						464				464		—		464
Other comprehensive income								29		29				29
Comprehensive income										493		—		493
Stock-based compensation expense				91						91				91
Tax withholding related to vesting of employee stock plans				(11)						(11)				(11)
Issuance of common stock in connection with employee stock plans and other	3,288			22						22				22
Repurchases of common stock	(12,053)			(185)						(185)				(185)
Cash dividends declared ($0.12 per share)						(154)				(154)				(154)

Balance as of July 31, 2023	1,282,738	$	13	$	28,191	$	(4,433)	$	(3,149)	$	20,622	$	55	$	20,677



For the nine months ended July 31, 2023	Number of Shares	Par Value		Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Equity Attributable to the Company		Non- controlling Interests		Total Equity
	In millions, except number of shares in thousands
Balance as of October 31, 2022	1,281,037	$	13	$	28,299	$	(5,350)	$	(3,098)	$	19,864	$	45	$	19,909
Net earnings						1,383				1,383		10		1,393
Other comprehensive loss								(51)		(51)				(51)
Comprehensive income										1,332		10		1,342
Stock-based compensation expense				357						357				357
Tax withholding related to vesting of employee stock plans				(151)						(151)				(151)
Issuance of common stock in connection with employee stock plans and other	25,423			48		(1)				47				47
Repurchases of common stock	(23,722)			(362)						(362)				(362)
Cash dividends declared ($0.36 per share)						(465)				(465)				(465)

Balance as of July 31, 2023	1,282,738	$	13	$	28,191	$	(4,433)	$	(3,149)	$	20,622	$	55	$	20,677


	Common Stock
For the three months ended July 31, 2022	Number of Shares	Par Value		Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Equity Attributable to the Company		Non- controlling Interests		Total Equity
	In millions, except number of shares in thousands
Balance as of April 30, 2022	1,298,924	$	13	$	28,473	$	(5,145)	$	(2,809)	$	20,532	$	50	$	20,582
Net earnings						409				409		3		412
Other comprehensive loss								(53)		(53)				(53)
Comprehensive income										356		3		359
Stock-based compensation expense				64						64				64
Tax withholding related to vesting of employee stock plans				(10)						(10)				(10)
Issuance of common stock in connection with employee stock plans and other	3,370			23		1				24				24
Repurchases of common stock	(14,075)			(199)						(199)				(199)
Cash dividends declared ($0.12 per share)						(156)				(156)				(156)

Balance as of July 31, 2022	1,288,219	$	13	$	28,351	$	(4,891)	$	(2,862)	$	20,611	$	53	$	20,664



For the nine months ended July 31, 2022	Number of Shares	Par Value		Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Equity Attributable to the Company		Non- controlling Interests		Total Equity
	In millions, except number of shares in thousands
Balance as of October 31, 2021	1,294,634	$	13	$	28,470	$	(5,597)	$	(2,915)	$	19,971	$	46	$	20,017
Net earnings						1,172				1,172		7		1,179
Other comprehensive income								53		53				53
Comprehensive income										1,225		7		1,232
Stock-based compensation expense				306						306				306
Tax withholding related to vesting of employee stock plans				(100)						(100)				(100)
Issuance of common stock in connection with employee stock plans and other	19,014			52		1				53				53
Repurchases of common stock	(25,429)			(377)						(377)				(377)
Cash dividends declared ($0.36 per share)						(467)				(467)				(467)

Balance as of July 31, 2022	1,288,219	$	13	$	28,351	$	(4,891)	$	(2,862)	$	20,611	$	53	$	20,664


	Compute		HPC & AI		Storage		Intelligent Edge		Financial Services		Corporate Investments and Other		Total
	In millions
Three months ended July 31, 2023:
Net revenue	$	2,557	$	804	$	1,040	$	1,412	$	871	$	318	$	7,002
Intersegment net revenue	67		32		34		3		2		—		138
Total segment net revenue	$	2,624	$	836	$	1,074	$	1,415	$	873	$	318	$	7,140
Segment earnings (loss) from operations	$	285	$	(7)	$	115	$	420	$	73	$	(38)	$	848
Three months ended July 31, 2022:
Net revenue	$	2,978	$	806	$	1,114	$	940	$	813	$	300	$	6,951
Intersegment net revenue	49		24		15		1		4		—		93
Total segment net revenue	$	3,027	$	830	$	1,129	$	941	$	817	$	300	$	7,044
Segment earnings (loss) from operations	$	408	$	28	$	161	$	155	$	96	$	(31)	$	817
Nine months ended July 31, 2023:
Net revenue	$	8,600	$	2,624	$	3,229	$	3,834	$	2,590	$	907	$	21,784
Intersegment net revenue	241		108		75		12		14		—		450
Total segment net revenue	$	8,841	$	2,732	$	3,304	$	3,846	$	2,604	$	907	$	22,234
Segment earnings (loss) from operations	$	1,314	$	(8)	$	339	$	1,018	$	239	$	(140)	$	2,762
Nine months ended July 31, 2022:
Net revenue	$	8,941	$	2,269	$	3,286	$	2,704	$	2,474	$	951	$	20,625
Intersegment net revenue	141		61		43		5		8		1		259
Total segment net revenue	$	9,082	$	2,330	$	3,329	$	2,709	$	2,482	$	952	$	20,884
Segment earnings (loss) from operations	$	1,261	$	(19)	$	445	$	421	$	304	$	(66)	$	2,346


	Cost Optimization and Prioritization Plan				HPE Next Plan
	Employee Severance		Infrastructure and other		Employee Severance		Infrastructure and other
	In millions
Liability as of October 31, 2022	$	185	$	122	$	11	$	25
Charges	75		52		4		2
Cash payments	(135)		(48)		(10)		(7)
Non-cash items	11		(7)		1		—
Liability as of July 31, 2023	$	136	$	119	$	6	$	20
Total costs incurred to date, as of July 31, 2023	$	720	$	535	$	1,265	$	262
Total expected costs to be incurred as of July 31, 2023	$	750	$	550	$	1,265	$	265


	As of July 31, 2023
	Risk Rating
	Low		Moderate		High
Fiscal Year	In millions
2023	$	1,619	$	963	$	20
2022	1,886		1,194		55
2021	1,028		766		65
2020	456		360		52
2019 and prior	199		291		116
Total	$	5,188	$	3,574	$	308


Commission file number			001-37483


	For the nine months ended July 31,
	2023		2022
	In millions
Cash Flows from Operating Activities:
Net earnings	$	1,383	$	1,172
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities:
Depreciation and amortization	1,961		1,862

Stock-based compensation expense	357		306
Provision for inventory and credit losses	189		237
Restructuring charges	133		102
Deferred taxes on earnings	(2)		(61)
Earnings from equity interests	(180)		(132)
Dividends received from equity investees	34		38
Other, net	(7)		(6)
Changes in Operating Assets and Liabilities, Net of Acquisitions:
Accounts receivable	623		557
Financing receivables	(870)		573
Inventory	491		(1,100)
Accounts payable	(3,146)		(171)
Taxes on earnings	26		39
Restructuring	(201)		(267)
Other assets and liabilities	794		(1,592)
Net cash provided by operating activities	1,585		1,557
Cash Flows from Investing Activities:
Investment in property, plant and equipment	(2,153)		(2,122)
Proceeds from sale of property, plant and equipment	347		364
Purchases of investments	(10)		(54)
Proceeds from maturities and sales of investments	8		254
Financial collateral posted	(1,410)		(40)
Financial collateral received	793		374
Payments made in connection with business acquisitions, net of cash acquired	(761)		—
Net cash used in investing activities	(3,186)		(1,224)
Cash Flows from Financing Activities:
Short-term borrowings with original maturities less than 90 days, net	(54)		114
Proceeds from debt, net of issuance costs	3,886		2,508
Payment of debt	(3,062)		(1,941)
Cash settlement for derivative hedging debt	(7)		—
Net payments related to stock-based award activities	(100)		(46)


	For the three months ended July 31,				For the nine months ended July 31,
	2023		2022		2023		2022
	In millions
Americas:
United States	$	2,433	$	2,261	$	7,713	$	6,737
Americas excluding U.S.	539		481		1,628		1,409
Total Americas	2,972		2,742		9,341		8,146
Europe, Middle East and Africa	2,434		2,512		7,605		7,550
Asia Pacific and Japan	1,596		1,697		4,838		4,929
Total consolidated net revenue	$	7,002	$	6,951	$	21,784	$	20,625


	As of
	July 31, 2023		October 31, 2022
	In millions
Land	$	74	$	74
Buildings and leasehold improvements	1,531		1,503
Machinery and equipment, including equipment held for lease	10,433		9,729

Gross property, plant and equipment	12,038		11,306
Accumulated depreciation	(5,949)		(5,522)
Net property, plant and equipment	$	6,089	$	5,784


	As of October 31, 2022
	Risk Rating
	Low		Moderate		High
Fiscal Year	In millions
2022	$	1,987	$	1,277	$	44
2021	1,338		1,071		42
2020	756		571		67
2019	328		336		69
2018 and prior	143		234		96
Total	$	4,552	$	3,489	$	318


	In millions
Goodwill	$	591
Amortizable intangible assets	208

Net tangible assets assumed	41
Total fair value consideration	$	840


	As of July 31, 2023								As of October 31, 2022
	Fair Value Measured Using								Fair Value Measured Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Remaining Inputs (Level 2)		Significant Other Unobservable Remaining Inputs (Level 3)		Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Remaining Inputs (Level 2)		Significant Other Unobservable Remaining Inputs (Level 3)		Total
	In millions
Assets
Cash Equivalents and Investments:
Time deposits	$	—	$	1,143	$	—	$	1,143	$	—	$	1,516	$	—	$	1,516
Money market funds	366		—		—		366		744		—		—		744
Equity investments	—		—		131		131		—		—		126		126
Foreign bonds	1		103		—		104		—		91		—		91
Other debt securities	—		—		16		16		—		—		33		33
Derivative Instruments:

Foreign exchange contracts	—		253		—		253		—		840		—		840
Other derivatives	—		4		—		4		—		2		—		2
Total assets	$	367	$	1,503	$	147	$	2,017	$	744	$	2,449	$	159	$	3,352
Liabilities
Derivative Instruments:
Interest rate contracts	$	—	$	157	$	—	$	157	$	—	$	178	$	—	$	178
Foreign exchange contracts	—		351		—		351		—		128		—		128
Other derivatives	—		—		—		—		—		1		—		1
Total liabilities	$	—	$	508	$	—	$	508	$	—	$	307	$	—	$	307


	As of July 31, 2023				As of October 31, 2022
	Cost		Gross Unrealized Gains		Fair Value		Cost		Gross Unrealized Gains (Losses)		Fair Value
	In millions
Cash Equivalents:
Time deposits	$	1,143	$	—	$	1,143	$	1,516	$	—	$	1,516
Money market funds	366		—		366		744		—		744
Total cash equivalents	1,509		—		1,509		2,260		—		2,260
Available-for-sale Debt Investments:

Foreign bonds	104		—		104		93		(2)		91
Other debt securities	13		3		16		32		1		33
Total available-for-sale debt investments	117		3		120		125		(1)		124
Total cash equivalents and available-for-sale debt investments	$	1,626	$	3	$	1,629	$	2,385	$	(1)	$	2,384


	As of July 31, 2023
	Amortized Cost		Fair Value
	In millions
Due in one year	$	2	$	2

Due in more than five years	115		118
Total	$	117	$	120


	As of July 31, 2023
	In the Condensed Consolidated Balance Sheets
	(i)		(ii)		(iii) = (i)–(ii)		(iv)		(v)			(vi) = (iii)–(iv)–(v)
							Gross Amounts Not Offset
	Gross Amount Recognized		Gross Amount Offset		Net Amount Presented		Derivatives		Financial Collateral			Net Amount
	In millions
Derivative assets	$	257	$	—	$	257	$	186	$	55	(1)	$	16
Derivative liabilities	$	508	$	—	$	508	$	186	$	277	(2)	$	45


	Carrying Amount of the Hedged Liabilities				Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets/ (Liabilities)
	As of				As of
	July 31, 2023		October 31, 2022		July 31, 2023		October 31, 2022
	In millions

Long-term debt	$	(2,339)	$	(2,317)	$	157	$	178


	Gains (Losses) Recognized in OCI on Derivatives
	For the three months ended July 31,				For the nine months ended July 31,
	2023		2022		2023		2022
	In millions
Derivatives in Cash Flow Hedging Relationship:
Foreign exchange contracts	$	(25)	$	163	$	(525)	$	723

Derivatives in Net Investment Hedging Relationship:
Foreign exchange contracts	(44)		30		(143)		53
Total	$	(69)	$	193	$	(668)	$	776


	Gains (Losses) Recognized in Income
	For the three months ended July 31,								For the nine months ended July 31,
	2023				2022				2023				2022
	Net Revenue		Interest and Other, net		Net Revenue		Interest and Other, net		Net Revenue		Interest and Other, net		Net Revenue		Interest and Other, net
	In millions

Total net revenue and interest and other, net	$	7,002	$	(50)	$	6,951	$	(74)	$	21,784	$	(129)	$	20,625	$	(79)
Gains (Losses) on Derivatives in Fair Value Hedging Relationships:
Interest Rate Contracts
Hedged items	$	—	$	33	$	—	$	(18)	$	—	$	(21)	$	—	$	169
Derivatives designated as hedging instruments	—		(33)		—		18		—		21		—		(169)
Gains (Losses) on Derivatives in Cash Flow Hedging Relationships:
Foreign Exchange Contracts
Amount of gains (losses) reclassified from accumulated other comprehensive income into income	(16)		(44)		114		101		11		(357)		236		444


Gains (Losses) on Derivatives not Designated as Hedging Instruments:
Foreign exchange contracts	—		(36)		—		53		—		(226)		—		155
Other derivatives	—		(1)		—		13		—		(2)		—		2
Total (losses) gains	$	(16)	$	(81)	$	114	$	167	$	11	$	(585)	$	236	$	601


	Net Unrealized Gains (Losses) on Available-for-sale Securities		Net Unrealized Gains (Losses) on Cash Flow Hedges		Unrealized Components of Defined Benefit Plans		Cumulative Translation Adjustment		Accumulated Other Comprehensive Loss
	In millions
Balance at beginning of period	$	(1)	$	109	$	(2,596)	$	(610)	$	(3,098)

Other comprehensive income (loss) before reclassifications	4		(525)		(2)		(11)		(534)
Reclassifications of losses into earnings	—		346		111		—		457
Tax benefit (provision)	—		34		(10)		2		26
Balance at end of period	$	3	$	(36)	$	(2,497)	$	(619)	$	(3,149)


	As of July 31,
	2023		2022
	Dollars in millions
ARR	$	1,272	$	858
Year-over-year growth rate	48%		22%


	For the three months ended July 31, 2023	For the nine months ended July 31, 2023
	Percentage Points
Compute	(5.8)	(1.2)
HPC & AI	0.1	1.9
Storage	(0.8)	(0.1)
Intelligent Edge	6.8	5.5
Financial Services	0.8	0.6
Corporate Investments and Other	0.4	(0.1)
Total segment	1.5	6.6
Elimination of intersegment net revenue and other	(0.8)	(1.0)
Total HPE	0.7	5.6


		HPE Consolidated			Compute			HPC & AI			Storage			Intelligent Edge			Financial Services			Corporate Investments and Other
	Dollars in millions
Net revenue(1)		$	7,002		$	2,624		$	836		$	1,074		$	1,415		$	873		$	318
Year-over-year change %		0.7		%	(13.3)		%	0.7		%	(4.9)		%	50.4		%	6.9		%	6.0		%
Earnings (loss) from operations(2)		$	471		$	285		$	(7)		$	115		$	420		$	73		$	(38)
Earnings (loss) from operations as a % of net revenue		6.7		%	10.9		%	(0.8)		%	10.7		%	29.7		%	8.4		%	(11.9)		%
Year-over-year change percentage points		—		pts	(2.6)		pts	(4.2)		pts	(3.6)		pts	13.2		pts	(3.4)		pts	(1.6)		pts


Period	Total Number of Shares Purchased and Settled	Average Price Paid per Share		Total Number of Shares Purchased and Settled as Part of Publicly Announced Plans or Programs	Approximate Dollar Value of Shares that May Yet Be Purchased under the Plans or Programs
	In thousands, except per share amounts
Month 1 (May 2023)	2,302	$	14.21	2,302	$	1,173,751
Month 2 (June 2023)	8,902	15.46		8,902	1,036,148
Month 3 (July 2023)	956	17.10		956	$	1,019,803
Total	12,160	$	15.35	12,160


		Incorporated by Reference
Exhibit Number	Exhibit Description	Form	File No.	Exhibit(s)	Filing Date
2.1	Separation and Distribution Agreement, dated as of October 31, 2015, by and among Hewlett-Packard Company, Hewlett Packard Enterprise Company and the Other Parties Thereto	8-K	001-37483	2.1	November 5, 2015
2.2	Transition Services Agreement, dated as of November 1, 2015, by and between Hewlett-Packard Company and Hewlett Packard Enterprise Company	8-K	001-37483	2.2	November 5, 2015
2.3	Employee Matters Agreement, dated as of October 31, 2015, by and between Hewlett-Packard Company and Hewlett Packard Enterprise Company	8-K	001-37483	2.4	November 5, 2015
2.4	Real Estate Matters Agreement, dated as of October 31, 2015, by and between Hewlett-Packard Company and Hewlett Packard Enterprise Company	8-K	001-37483	2.5	November 5, 2015
2.5	Master Commercial Agreement, dated as of November 1, 2015, by and between Hewlett-Packard Company and Hewlett Packard Enterprise Company	8-K	001-37483	2.6	November 5, 2015
2.6	Information Technology Service Agreement, dated as of November 1, 2015, by and between Hewlett-Packard Company and HP Enterprise Services, LLC	8-K	001-37483	2.7	November 5, 2015
2.7	Agreement and Plan of Merger, dated as of May 24, 2016, by and among Hewlett Packard Enterprise Company, Everett SpinCo, Inc., Computer Sciences Corporation, and Everett Merger Sub, Inc.	8-K	001-37483	2.1	May 26, 2016
2.8	Separation and Distribution Agreement, dated as of May 24, 2016, by and between Hewlett Packard Enterprise Company and Everett SpinCo, Inc.	8-K	001-37483	2.2	May 26, 2016
2.9	Agreement and Plan of Merger, dated as of September 7, 2016, by and among Hewlett Packard Enterprise Company, Seattle SpinCo, Inc., Micro Focus International plc, Seattle Holdings, Inc. and Seattle MergerSub, Inc.	8-K	001-37483	2.1	September 7, 2016
2.10	Separation and Distribution Agreement, dated as of September 7, 2016, by and between Hewlett Packard Enterprise Company and Seattle SpinCo, Inc.	8-K	001-37483	2.2	September 7, 2016
2.11	Employee Matters Agreement, dated as of September 7, 2016, by and between Hewlett Packard Enterprise Company, Seattle SpinCo, Inc. and Micro Focus International plc	8-K	001-37483	2.3	September 7, 2016
2.12	First Amendment to the Agreement and Plan of Merger, dated as of November 2, 2016, by and among Hewlett Packard Enterprise Company, Everett SpinCo, Inc., New Everett Merger Sub Inc., Computer Sciences Corporation, and Everett Merger Sub, Inc.	8-K	001-37483	2.1	November 2, 2016
2.13	First Amendment to the Separation and Distribution Agreement, dated as of November 2, 2016, by and between Hewlett Packard Enterprise Company and Everett SpinCo, Inc.	8-K	001-37483	2.2	November 2, 2016
2.14	Agreement and Plan of Merger, dated as of March 6, 2017, by and among Hewlett Packard Enterprise Company, Nebraska Merger Sub, Inc., and Nimble Storage, Inc.	8-K	001-37483	99.1	March 7, 2017
2.15	Tender and Support Agreement, dated as of March 6, 2017, by and among Hewlett Packard Enterprise Company, Nebraska Merger Sub, Inc. and each of the persons set forth on Schedule A thereto	8-K	001-37483	99.2	March 7, 2017


2.16	Employee Matters Agreement, dated March 31, 2017, by and between Hewlett Packard Enterprise Company, Everett SpinCo, Inc., and Computer Sciences Corporation,	8-K	001-38033	2.1	April 6, 2017
2.17	Tax Matters Agreement, dated March 31, 2017, by and among Hewlett Packard Enterprise Company, Everett SpinCo, Inc., and Computer Sciences Corporation	8-K	001-38033	2.2	April 6, 2017
2.18	IP Matters Agreement, dated March 31, 2017, by and between Hewlett Packard Enterprise Company, Hewlett Packard Enterprise Development LP, and Everett SpinCo, Inc.	8-K	001-38033	2.3	April 6, 2017
2.19	Transition Services Agreement, dated March 31, 2017, by and between Hewlett Packard Enterprise Company and Everett SpinCo, Inc.	8-K	001-38033	2.4	April 6, 2017
2.20	Real Estate Matters Agreement, dated March 31, 2017, by and between Hewlett Packard Enterprise Company and Everett SpinCo, Inc.	8-K	001-38033	2.5	April 6, 2017
2.21	Fourth Amendment to the Separation and Distribution Agreement, dated March 31, 2017, by and between Hewlett Packard Enterprise Company and Everett SpinCo, Inc.	8-K	001-38033	2.6	April 6, 2017
2.22	Tax Matters Agreement, dated September 1, 2017, by and among Hewlett Packard Enterprise Company, Seattle SpinCo, Inc., and Micro Focus International plc	8-K	001-37483	2.1	September 1, 2017
2.23	Intellectual Property Matters Agreement, dated September 1, 2017, by and between Hewlett Packard Enterprise Company, Hewlett Packard Enterprise Development LP, and Seattle SpinCo, Inc.	8-K	001-37483	2.2	September 1, 2017
2.24	Transition Services Agreement, dated September 1, 2017, by and between Hewlett Packard Enterprise Company and Seattle SpinCo, Inc.	8-K	001-37483	2.3	September 1, 2017
2.25	Real Estate Matters Agreement, dated September 1, 2017, by and between Hewlett Packard Enterprise Company and Seattle SpinCo, Inc.	8-K	001-37483	2.4	September 1, 2017
2.26	Agreement and Plan of Merger, dated as of May 16, 2019, by and among Hewlett Packard Enterprise Company, Canopy Merger Sub, Inc., and Cray Inc.	8-K	001-37483	2.1	May 17, 2019
2.27	Agreement and Plan of Merger, dated as of July 11, 2020, by and among Hewlett Packard Enterprise Company, Santorini Merger Sub, Inc., Silver Peak Systems, Inc., and certain other parties thereto	8-K	001-37483	2.1	July 13, 2020
3.1	Registrant's Amended and Restated Certificate of Incorporation	8-K	001-37483	3.1	November 5, 2015
3.2	Registrant's Amended and Restated Bylaws effective October 31, 2015	8-K	001-37483	3.2	November 5, 2015
3.3	Certificate of Designation of Series A Junior Participating Redeemable Preferred Stock of Hewlett Packard Enterprise Company	8-K	001-37483	3.1	March 20, 2017
3.4	Certificate of Designation of Series B Junior Participating Redeemable Preferred Stock of Hewlett Packard Enterprise Company	8-K	001-37483	3.2	March 20, 2017
4.1	Indenture, dated as of October 9, 2015, between Hewlett Packard Enterprise Company and The Bank of New York Mellon Trust Company, N.A., as Trustee	8-K	001-37483	4.1	October 13, 2015
4.2	Fifth Supplemental Indenture, dated as of October 9, 2015, between Hewlett Packard Enterprise Company and The Bank of New York Mellon Trust Company, N.A., as Trustee, relating to Hewlett Packard Enterprise Company's 4.900% notes due 2025	8-K	001-37483	4.6	October 13, 2015


4.3	Sixth Supplemental Indenture, dated as of October 9, 2015, between Hewlett Packard Enterprise Company and The Bank of New York Mellon Trust Company, N.A., as Trustee, relating to Hewlett Packard Enterprise Company's 6.200% notes due 2035	8-K	001-37483	4.7	October 13, 2015
4.4	Seventh Supplemental Indenture, dated as of October 9, 2015, between Hewlett Packard Enterprise Company and The Bank of New York Mellon Trust Company, N.A., as Trustee, relating to Hewlett Packard Enterprise Company's 6.350% notes due 2045	8-K	001-37483	4.8	October 13, 2015
4.5	Fifteenth Supplemental Indenture, dated as of April 9, 2020, between Hewlett Packard Enterprise Company and The Bank of New York Mellon Trust Company, N.A., as Trustee, relating to Hewlett Packard Enterprise Company's 4.450% notes due 2023	8-K	001-37483	4.2	April 9, 2020
4.6	Seventeenth Supplemental Indenture, dated as of July 17, 2020, between Hewlett Packard Enterprise Company and The Bank of New York Mellon Trust Company, N.A., as Trustee, relating to Hewlett Packard Enterprise Company's 1.450% notes due 2024	8-K	001-37483	4.2	July 17, 2020
4.7	Eighteenth Supplemental Indenture, dated as of July 17, 2020, between Hewlett Packard Enterprise Company and The Bank of New York Mellon Trust Company, N.A., as Trustee, relating to Hewlett Packard Enterprise Company's 1.750% notes due 2026	8-K	001-37483	4.3	July 17, 2020
4.8	Nineteenth Supplemental Indenture, dated as of March 21, 2023, between Hewlett Packard Enterprise Company and The Bank of New York Mellon Trust Company, N.A., as Trustee, relating to Hewlett Packard Enterprise Company’s 5.900% notes due 2024	8-K	001-37483	4.2	March 21, 2023
4.9	Twentieth Supplemental Indenture, dated as of March 21, 2023, between Hewlett Packard Enterprise Company and The Bank of New York Mellon Trust Company, N.A., as Trustee, relating to Hewlett Packard Enterprise Company’s 6.102% notes due 2026	8-K	001-37483	4.3	March 21, 2023
4.10	Twenty-First Supplemental Indenture, dated as of June 14, 2023, between Hewlett Packard Enterprise Company and The Bank of New York Mellon Trust Company, N.A., as Trustee, relating to Hewlett Packard Enterprise Company’s 5.250% notes due 2028	8-K	001-37483	4.3	June 14, 2023
4.11	Registration Rights Agreement, dated as of October 9, 2015, by and among Hewlett Packard Enterprise Company, Hewlett-Packard Company, and the representatives of the initial purchasers of the Notes	8-K	001-37483	4.12	October 13, 2015
4.12	Form of Subordinated Indenture between Hewlett Packard Enterprise Company and The Bank of New York Mellon Trust Company, N.A., as Trustee	S-3ASR	333-222102	4.5	December 15, 2017
4.13	Description of the Registrant's Securities Registered Pursuant to Section 12 of the Securities Exchange Act of 1934	10-K	001-37483	4.16	December 10, 2020
10.1	Hewlett Packard Enterprise Company 2015 Stock Incentive Plan (amended and restated January 25, 2017)*	8-K	001-37483	10.1	January 30, 2017
10.2	Hewlett Packard Enterprise Company 2021 Stock Incentive Plan*	S-8	333-255839	4.4	May 6, 2021
10.3	Amendment No. 1 to the Hewlett Packard Enterprise Company 2021 Stock Incentive Plan*	S-8	333-265378	4.7	June 2, 2022
10.4	Amendment No. 2 to the Hewlett Packard Enterprise Company 2021 Stock Incentive Plan*	8-K	001-37483	10.1	April 6, 2023
10.5	Hewlett Packard Enterprise Severance and Long-Term Incentive Change in Control Plan for Executive Officers*	10-12B/A	001-37483	10.4	September 28, 2015


10.6	Hewlett Packard Enterprise Grandfathered Executive Deferred Compensation Plan*	S-8	333-207679	4.4	October 30, 2015
10.7	Form of Non-Qualified Stock Option Grant Agreement*	8-K	001-37483	10.4	November 5, 2015
10.8	Form of Performance-Contingent Non-Qualified Stock Option Grant Agreement*	8-K	001-37483	10.8	November 5, 2015
10.9	Form of Performance-Adjusted Restricted Stock Units Grant Agreement, as amended and restated effective January 1, 2016*	10-Q	001-37483	10.15	March 10, 2016
10.10	Description of Amendment to Equity Awards (incorporated by reference to Item 5.02 of the 8-K filed on May 26, 2016)*	8-K	001-37483	10.1	May 26, 2016
10.11	Niara, Inc. 2013 Equity Incentive Plan*	S-8	333-216481	4.3	March 6, 2017
10.12	Nimble Storage, Inc. 2008 Equity Incentive Plan, as amended*	S-8	333-217349	4.3	April 18, 2017
10.13	SimpliVity Corporation 2009 Stock Plan*	S-8	333-217438	4.3	April 24, 2017
10.14	Silicon Graphics International Corp. 2005 Equity Incentive Plan, as amended*	10-K	000-51333	10.3	September 10, 2012
10.15	Cloud Technology Partners, Inc. 2011 Equity Incentive Plan*	S-8	333-221254	4.3	November 1, 2017
10.16	Amendment to the Cloud Technology Partners, Inc. 2011 Equity Incentive Plan*	S-8	333-221254	4.4	November 1, 2017
10.17	Plexxi Inc. 2011 Stock Plan*	S-8	333-226181	4.3	July 16, 2018
10.18	Hewlett Packard Enterprise Company 2015 Employee Stock Purchase Plan (as amended and restated on July 18, 2018, effective as of October 8, 2015)	10-Q	001-37483	10.29	September 4, 2018
10.19	Form of Restricted Stock Units Grant Agreement	10-Q	001-37483	10.30	September 4, 2018
10.20	Hewlett Packard Enterprise Executive Deferred Compensation Plan (as amended and restated December 1, 2018)*	10-K	001-37483	10.27	December 12, 2018
10.21	First Amendment to the Hewlett Packard Enterprise Company Severance and Long-Term Incentive Change in Control Plan for Executive Officers*	10-K	001-37483	10.29	December 12, 2018
10.22	BlueData Software Inc. 2012 Stock Incentive Plan*	S-8	333-229449	4.3	January 31, 2019
10.23	Cray Inc. 2013 Equity Incentive Plan (as amended and restated June 11, 2019)*	S-8	333-234033	4.3	October 1, 2019
10.24	Termination and Mutual Release Agreement dated as of October 30, 2019 by and between HP Inc. and Hewlett Packard Enterprise Company	10-K	001-37483	10.31	December 13, 2019
10.25	Aircraft Time Sharing Agreement, dated as of December 13, 2019, between Hewlett Packard Enterprise and Antonio Neri*	10-Q	001-37483	10.32	March 9, 2020
10.26	Silver Peak Systems, Inc. (fka Cheyenne Networks, Inc.) 2004 Stock Plan, as amended*	S-8	333-249731	4.3	October 29, 2020
10.27	Silver Peak Systems, Inc. 2014 Equity Incentive Plan, as amended*	S-8	333-249731	4.4	October 29, 2020
10.28	2021 Stock Incentive Plan – Form of Restricted Stock Units Grant Agreement*	10-K	001-37483	10.30	December 10, 2021
10.29	2021 Stock Incentive Plan – Form of Performance-Adjusted Restricted Stock Units Grant Agreement*	10-K	001-37483	10.31	December 10, 2021
10.30	Five-Year Credit Agreement dated as of December 10, 2021 among Hewlett Packard Enterprise Company, the Lenders Party Hereto, JPMorgan Chase Bank, N.A., as Administrative Processing Agent and Co-Administrative Agent and Citibank, N.A., as Co-Administrative Agent	10-Q	001-37483	10.33	March 3, 2022


						HEWLETT PACKARD ENTERPRISE COMPANY
						/s/ Jeremy K. Cox
						Jeremy K. Cox Senior Vice President, Chief Financial Officer, Corporate Controller, Chief Tax Officer, and Principal Accounting Officer (Principal Financial Officer and Authorized Signatory)


			/s/ ANTONIO F. NERI
			Antonio F. Neri President and Chief Executive Officer (Principal Executive Officer)