HEWLETT PACKARD CO | 2013 | FY | 3


As of October 31, 2013, HP had recorded deferred tax assets for various tax credit carryforwards as follows:

 
  Carryforward   Valuation Allowance   Initial
Year of
Expiration
 
 
  In millions
   
 

U.S. foreign tax credits

  $ 3,200   $ 47     2021  

U.S. research and development and other credits

    653         2018  

Tax credits in state and foreign jurisdictions

    408     239     2014  
                 

Balance at end of year

  $ 4,261   $ 286        
                 

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