Economic impacts

We contribute to economies globally.

We contribute to economies globally through the value we create for our customers and our direct financial transactions.

HP products and solutions make businesses and individuals more efficient and profitable. HP Living Progress – our integrated approach to business which simultaneously drives human, economic, and environmental progress – will unlock further growth for us and the wider economy. This growth will be more sustainable, delivering lasting benefits for us and the millions of people who benefit from our products and operations.

We also benefit many of our stakeholders directly, by providing jobs in the countries worldwide where we operate, supporting the businesses of our suppliers in economies around the globe, and providing returns to investors.

Performance in fiscal year 2013

The table below summarizes our economic impacts on our main stakeholder groups during fiscal year 2013 (FY13). Direct impacts result from financial transactions we have with our many stakeholders. Indirect impacts occur when the money we spend circulates through the economy. The data dashboard summarizes HP's economic performance. For more details, please see our financial statements , interactive stock chart and Annual Report Form 10-K.

Group Direct economic impacts in FY12 Indirect economic impacts in FY12
Suppliers We have one of the most extensive supply chains in the IT industry and made purchases from production suppliers (defined as suppliers that provide materials for our products) as well as f nonproduction suppliers worldwide. Our spending continued to support employment in supplier companies. Suppliers and their workers, in turn, pay taxes and support local economies, and suppliers may pay dividends to their investors or reinvest in innovation or growth..
Employees We provided compensation and benefits to approximately 317,500 employees worldwide.* Our employees pay taxes and generate further economic activity by spending some of the money they earn.
Customers Our net revenue was $112 billion. We continued to help customers improve productivity, energy efficiency and reduce their environmental impact by offering reliable, high-quality products and services. For business customers, this may increase the jobs they create and taxes they pay.
Sales, marketing, and distribution partners We helped create business for sales and service partners worldwide. Our partners' commercial relationships with us can contribute to their growth.
Local, state, and national governments We paid net cash income taxes of $1.391billion. Taxes paid help enable government spending and programs.
Investors We returned $2.6 billion to shareholders in the form of dividends. Investors may pay taxes on dividends.

*As of October 31, 2013.