The summary below was generated by an AI language model and may contain errors or omissions. All other content on this page is deterministically extracted from the original SEC EDGAR filing.
HP Inc. added three new risk disclosures in 2023 centered on internal control weaknesses and artificial intelligence, while removing its COVID-19 pandemic risk factor as that threat receded. The company substantively modified seven existing risks, including enhanced disclosures on litigation exposure, currency fluctuations, geopolitical impacts, and credit rating consequences, suggesting heightened concerns in these areas relative to 2022.
Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.
🟢 New in Current Filing
We have identified material weaknesses in our internal control over financial reporting that could, if not remediated, result in material misstatements in our financial statements and cause us to fail to meet our reporting and financial obligations.
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🟢 New in Current Filing
Ineffective internal controls could impact our business and operating results.
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🟢 New in Current Filing
We expect the proliferation of AI to have a significant impact on our industry and the markets in which we compete, and the development and use of AI presents competitive, reputational, and liability risks.
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🔴 No Match in Current Filing
Our business, results of operations, cash flows and financial condition have been, and could continue to be, affected by the COVID-19 pandemic.
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🟡 Modified
We are subject to risks associated with litigation and regulatory proceedings.
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🟡 Modified
We are exposed to fluctuations in currency exchange rates, which could adversely impact our results.
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🟡 Modified
Due to the international nature of our business, geopolitical or economic changes or events, uncertainty or other factors could harm our business and financial performance.
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🟡 Modified
Failure to maintain our credit ratings could adversely affect our liquidity, capital position, borrowing costs and access to capital markets, as well as our subscription based offerings.
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🟡 Modified
Economic weakness and uncertainty is expected to continue to adversely affect demand for our products and services and our business and financial performance.
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🟡 Modified
Climate change and associated regulatory and market impacts may have an adverse effect on our business.
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🟡 Modified
Business disruption events, including global pandemics or other public health crises, could seriously harm our future revenue, cash flows and financial condition and increase our costs and expenses.
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