Economic impacts

We contribute to economies globally.

23 billion security events per month managed by our Enterprise Security Services

As a leading global IT company, HP advances Economic Progress in many ways. We create value for customers, provide jobs in the countries where we operate, support the businesses of our suppliers around the globe, and provide returns to investors. Our business produces economic impacts across the value chain, advancing sustainable growth and delivering lasting benefits for HP and the millions of people who gain from our products and operations.

Our supply chain

Our supply chain spans six continents, supporting local economies around the world through investment and jobs.

Most suppliers that manufacture our products are based in developing countries, where the IT industry plays a central role in economic development. Of our 63 final assembly sites, 44 are located in Asia, including 29 in China. Overall, our supply chain purchasing supports hundreds of production suppliers and tens of thousands of nonproduction suppliers.

We recently increased resiliency in our supply chain by locating a manufacturing facility in Chongqing, Central China, an area of underemployment compared to the coasts. This move created much-needed jobs, helped open the door for other businesses to enter the region, and improved our operating margin, driving value back to shareholders.

We strive to enhance the skills, knowledge, and economic circumstances of the people making our products. In 2014, we conducted worker empowerment programs at 18 sites in China, South America, and Southeast Asia, reaching over 87,000 workers and managers.

For more, see Supply Chain Responsibility.

Our operations

Our global operations directly support local economies everywhere we have a presence. In fiscal year 2014, we reported net revenue of $111.5 billion of which approximately 65% came from outside the United States. We provide wages and compensation to 302,000 employees 1 , tax revenues to governments worldwide, and dividends and share repurchases to shareholders.

We paid net cash income taxes of $1.3 billion in 2014, contributing to government spending and programs around the world. We also returned $3.9 billion of capital to shareholders, potentially increasing their spending and taxes.

Our products and solutions

We are the world’s largest vendor of servers, laptops, commercial PCs, and printer ink and toner.1 Our products and solutions also include cloud services, security, big data systems, and mobility. These technologies help consumers fulfill their needs and our business customers to improve competitiveness, identify new business opportunities, save money, and operate more efficiently.

For example, our highly efficient servers and data centers dramatically reduce energy consumption, while our big data solutions equip customers with actionable analysis and insights. Through HP Future Cities, we combine big data collection and analysis, cloud services, mobility and security to help improve the services local governments deliver, and reduce public costs. And HP Enterprise Security Services manages 23 billion security events a month, enabling our customers to defend themselves against increasingly sophisticated cyber threats.

Social investments

We also advance economic development by making strategic social investments around the world. These support individuals, businesses, and communities while creating potential commercial opportunities for HP. We partner with nonprofits, educational institutions, governments, and international agencies on innovative programs that advance skills development for businesses, entrepreneurs, and students.

HP brings our people and technology to the table in these endeavors. Our objective is to reduce joblessness and underemployment, build livelihoods, and empower people to succeed in a skills-based global economy.

As examples, the HP Company Foundation’s collaboration with Kiva on Matter to a Million generated $2.2 million in loans to low-income entrepreneurs in its first month. Through our HP LIFE e-Learning program deployed on our cloud-hosting solution, HP Helion, over 480,000 users from over 200 countries and territories have learned or sharpened their business and IT skills using its free educational resources.

Economic impacts in 2014

In 2014, our business made economic contributions worldwide through the value we created for our customers, our direct financial transactions, and the indirect impacts that resulted when the money we spent circulated through local economies.

The data dashboard summarizes HP's economic performance in 2014, and our latest Living Progress Report provides more information on our economic impacts across the value chain.

For more financial details, please see our financial statements , interactive stock chart and Annual Report Form 10-K.

1As of October 31, 2014.