Question: Using the SEC 10-K financial statements, create a three year comparative income statement with summary line items focusing on revenue through net income with key

Using the SEC 10-K financial statements, create a three year comparative income statement with summary line items focusing on revenue through net income with key line items included but items of lower value approximately grouped as All Other Expenses. Revenue, Cost of Goods Sold, SG&A, and Income Tax Expense should be separate line items. Include a vertical analysis column for each of the three years presented. Include formulas.

HP Inc

Consolidated Statements of Earnings - USD ($) shares in Millions, $ in Millions
12 Months Ended



Oct. 31, 2018
Oct. 31, 2017
Oct. 31, 2016
Net revenue



Net revenue
$ 58,472
$ 52,056
$ 48,238
Costs and expenses:



Cost of revenue
47,803
42,478
39,240
Research and development
1,404
1,190
1,209
Selling, general and administrative
4,859
4,376
3,833
Restructuring and other charges
132
362
205
Acquisition-related charges
123
125
7
Amortization of intangible assets
80
1
16
Defined benefit plan settlement charges
7
5
179
Total costs and expenses
54,408
48,537
44,689
Earnings from continuing operations
4,064
3,519
3,549
Interest and other, net
(1,051)
(243)
212
Earnings from continuing operations before taxes
3,013
3,276
3,761
Benefit from (provision for) taxes
2,314
(750)
(1,095)
Net earnings from continuing operations
5,327
2,526
2,666
Net loss from discontinued operations
0
0
(170)
Net earnings
$ 5,327
$ 2,526
$ 2,496
Basic



Continuing operations (in dollars per share)
$ 3.30
$ 1.50
$ 1.54
Discontinued operations (in dollars per share)
0
0
(0.10)
Total basic net earnings per share (in dollars per share)
3.30
1.50
1.44
Diluted



Continuing operations (in dollars per share)
3.26
1.48
1.53
Discontinued operations (in dollars per share)
0
0
(0.10)
Total diluted net earnings per share (in dollars per share)
$ 3.26
$ 1.48
$ 1.43
Weighted-average shares used to compute net earnings per share:



Basic (in shares)
1,615
1,688
1,730
Diluted (in shares)
1,634
1,702
1,743

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