HP INC
For the period ended Oct 31, 2024. Filed Dec 13, 2024.
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FY2024 · Filed Dec 13, 2024
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Item 2. Properties
As of October 31, 2024, we owned or leased approximately 17.2 million square feet of space worldwide, a summary of which is provided below.
| Fiscal year ended October 31, 2024 | |||
|---|---|---|---|
| Owned | Leased | Total | |
| (square feet in millions) | |||
| Administration and support | 1.9 | 5.3 | 7.2 |
| (Percentage) | 26% | 74% | 100% |
| Manufacturing plants, research and development facilities and warehouse operations | 2.5 | 4.8 | 7.3 |
| (Percentage) | 34% | 66% | 100% |
| Total(1) | 4.4 | 10.1 | 14.5 |
| (Percentage) | 30% | 70% | 100% |
(1)Excludes 2.7 million square feet of vacated space, of which 1.8 million square feet is leased to third parties.
We believe that our existing properties are in good condition and are suitable for the conduct of our business. Each of our segments Personal Systems, Printing and Corporate Investments uses each of the properties at least in part, and we retain the flexibility to use each of the properties in whole or in part for each of the segments.
Principal Executive Offices
Our principal executive offices, including our global headquarters, which we lease, are located at 1501 Page Mill Road, Palo Alto, California, United States.
Headquarters of Geographic Operations
The locations of our geographic headquarters are as follows:
| Americas | Europe, Middle East, Africa | Asia Pacific |
|---|---|---|
| Palo Alto, United States | Geneva, Switzerland | Singapore |
Product Development and Manufacturing
The locations of our major product development and manufacturing facilities are as follows:
| Americas United States—Corvallis, San Diego, Boise, Vancouver, Spring, Fort Collins, Fountain Valley Mexico—Tijuana | Europe, Middle East, Africa Israel—Kiryat-Gat, Rehovot, Netanya Spain—Barcelona |
|---|---|
| Asia Pacific China— Chongqing, Shanghai India—Bangalore Malaysia—Penang Singapore—Singapore South Korea—Pangyo Taiwan—Taipei | Technology office Spain—Barcelona United Kingdom—Bristol United States—Corvallis, Palo Alto, Scotts Valley |
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