form11-k_2011.htm
 
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 11-K
 

 
(Mark One)
   
 
x  ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
   
 
For the fiscal year ended December 31, 2011
   
 
OR
   
 
 o TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
   
 
For the transition period from ____________ to ____________
   
   
 
Commission File Number: 1-4423
   
   
 A.                  Full title of the plan and address of the plan, if different from that of the issuer named below:
   
   
 
HEWLETT-PACKARD COMPANY 401(k) PLAN
   
   
 B.  Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
   
   
 
HEWLETT-PACKARD COMPANY
3000 HANOVER STREET
PALO ALTO, CALIFORNIA 94304
 
 
 

 
 
 

Hewlett-Packard Company 401(k) Plan
Financial Statements and Supplemental Schedule
 
December 31, 2011 and 2010 and
For the Year Ended December 31, 2011
 
 
Contents
 
       
  1  
       
 
Audited Financial Statements:
    
       
  2  
  3  
  4  
       
 
Supplemental Schedule:
    
       
  25  
       
  Signature 86  
       
  Exhibit Index:    
       
  Exhibit 23.1 – Consent of Independent Registered Public Accounting Firm 87  
 

 
 
 
 


 
Report of Independent Registered Public Accounting Firm
 
 
Plan Administrator
Hewlett-Packard Company 401(k) Plan
 
We have audited the accompanying statements of net assets available for benefits of Hewlett-Packard Company 401(k) Plan as of December 31, 2011 and 2010, and the related statement of changes in net assets available for benefits for the year ended December 31, 2011. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
 
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. We were not engaged to perform an audit of the Plan’s internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
 
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan at December 31, 2011 and 2010, and the changes in its net assets available for benefits for the year ended December 31, 2011, in conformity with U.S. generally accepted accounting principles.
 
Our audits were conducted for the purpose of forming an opinion on the financial statements taken as a whole. The accompanying supplemental schedule of assets (held at end of year) as of December 31, 2011, is presented for purposes of additional analysis and is not a required part of the financial statements but is supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. Such information is the responsibility of the Plan’s management. The information has been subjected to the auditing procedures applied in our audits of the financial statements and, in our opinion, is fairly stated in all material respects in relation to the financial statements taken as a whole.
 
/s/ Ernst & Young LLP      
 
 
June 27, 2012
San Jose, California

 
1
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Statements of Net Assets Available for Benefits
             
             
   
December 31
   
2011
  
2010
Assets
            
Cash
   $ 363,201     $ 95,996,407  
Investments, at fair value
     13,717,114,451       12,394,759,301  
Receivables:
                
Notes receivable from participants
     224,531,689       216,675,830  
Company contribution
     41,048,166       40,192,858  
Amount due from brokers for securities sold
     181,590,682       29,530,187,605  
Forward foreign currency contracts
     2,735,043       4,349,106  
Interest, dividends, and other
     27,404,636       6,319,563  
Total receivables
     477,310,216       29,797,724,962  
Total assets
     14,194,787,868       42,288,480,670  
 
                
Liabilities
                
Amount due to brokers for securities purchased
     193,332,110       27,596,895,765  
Forward foreign currency contracts payable
     2,870,555       4,309,996  
Administrative expenses and other payables
     9,629,617       4,184,902  
Total liabilities
     205,832,282       27,605,390,663  
 
                
Net assets reflecting investments, at fair value
     13,988,955,586       14,683,090,007  
 
                
Adjustment from fair value to contract value for fully              
benefit-responsive investment contracts
   –       1,786,962  
 
                
Net assets available for benefits
   $ 13,988,955,586     $ 14,684,876,969  
                 
See accompanying notes.
                
 
 
2
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Statement of Changes in Net Assets Available for Benefits
 
Year Ended December 31, 2011
       
       
Additions
      
Investment income (loss):
      
Interest and dividends
   $ 305,777,499  
Net realized and unrealized depreciation in fair value of investments
     (863,930,442 )
 
     (558,152,943 )
Contributions:
        
Participants
     660,296,987  
Company
     256,556,923  
Rollover
     119,319,410  
Total contributions
     1,036,173,320  
Interest income on notes receivable from participants
     10,427,098  
Other
     1,351,612  
Total additions
     489,799,087  
 
        
Deductions
        
Benefits paid directly to participants
     1,150,396,243  
Investment management fees
     26,428,211  
Administrative expenses and fees
     8,896,016  
Total deductions
     1,185,720,470  
 
        
Net decrease
     (695,921,383 )
 
        
Net assets available for benefits:
        
Beginning of year
     14,684,876,969  
End of year
   $ 13,988,955,586  
 
        
See accompanying notes.
        

 
3
 
 

Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements
 
December 31, 2011
 
 
1.   Description of the Plan
 
The following brief description of the Hewlett-Packard Company 401(k) Plan (the Plan) provides only general information. Participants should refer to the plan document for a more complete description of the Plan’s provisions.
 
General
 
The Plan is a defined contribution plan covering employees of Hewlett-Packard Company (the Company or HP) and designated domestic subsidiaries who are on the U.S. payroll and who are employed as regular full-time or regular part-time or limited-term employees. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA).
 
Effective December 31, 2010, the Plan offered new investment options designed to help streamline participants’ investment choices and provide new diversification opportunities.  Assets of the Plan are invested in a five-tier investment structure. Tier 1 includes one ready-made portfolio (the Conservative Portfolio), and ten Birth Date Funds. The Birth Date Funds’ investment strategy is designed to apply over a participant’s entire investment horizon, including the years after retirement, and is designed to become more conservative as participants grow older. Tier 2 includes six actively managed institutional funds from the main asset classes – stocks, bonds, and short-term investments. Tier 3 includes four index funds that try to mirror a specific market index by investing in the same list of equities and bonds. Tier 4 includes six funds from specialty asset classes, such as real-return income, commodities, and real estate. The Company common stock is also included in Tier 4. Tier 5 is a self-directed Mutual Fund Brokerage Window that offers more than 8,500 brand-name mutual funds through Fidelity. All investments are participant-directed.
 
In November 2010, HP approved the merger of the EDS 401(k) Plan into the Plan effective December 31, 2010. A brief blackout period started on December 30, 2010, and ended on January 3, 2011. At the date of the merger, the EDS 401(k) Plan transferred net assets to the Plan amounting to $3,858,652,097. Included in the Company contribution receivable on the statement of net assets available for benefits as of December 31, 2010, was $13,332,342 of employer contributions related to the previous EDS 401(k) Plan participants (none as of December 31, 2011, as the EDS 401(k) Plan merged with and into the Plan as of December 31, 2010). During the blackout period, the Plan and EDS 401(k) Plan investments were automatically mapped or moved to the new fund options in the Plan that most closely align with the asset allocation and risk-and-return potential of the existing Plan and EDS 401(k) Plan investment elections.
 
4
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 

1.   Description of the Plan (continued)
 
The blackout period was necessary to implement the changes, such as moving assets and establishing the new investment options described above. The financial statement captions “amount due from brokers for securities sold” and “amount due to brokers for securities purchased” as of December 31, 2010, reflect the transactions related to these changes in the investment options.
 
The Plan includes a non-leveraged employee stock ownership plan feature (the ESOP) within the meaning of Internal Revenue Code (the Code) Section 4975(e)(7).  The ESOP is maintained as part of the Plan and is designed to invest primarily in the Company’s common stock.  The purpose of the ESOP is to permit participants the option of having dividends on the Company’s common stock re-invested in the Plan or paid directly to them in cash. Participants in the Plan who were formerly participants in the Compaq Computer Corporation 401(k) Investment Plan, but who did not become employees of the Company subsequent to the acquisition of Compaq Computer Corporation in May 2002, and participants who were formerly participants in the EDS 401(k) Plan but who did not become employees of the Company subsequent to the acquisition of EDS in August 2008 are not eligible to participate in the ESOP.
 
Effective January 1, 2010, new guidelines were imposed on participants’ ability to invest in the Company common stock, with a goal of limiting investments in Company common stock to a maximum of 20% of a participant’s portfolio. Under the new guidelines, if a participant’s account currently has more than 20% invested in the Company common stock fund, the participant will not be forced to reduce his or her holdings; however, the investment election for ongoing contributions and loan repayments will be limited to a maximum of 20% in the Company common stock fund, and any percentage above the 20% limit for ongoing contributions will automatically be directed to the appropriate Birth Date Fund based on the year the participant was born. In addition, the new guidelines provide that future requested exchanges into the Company common stock fund will be blocked if the requested change will cause the participant to exceed the 20% limit or if the participant is already at or above the 20% limit of the Company common stock fund to the participant’s overall portfolio balance. Finally, the new guidelines provide that if the participant chooses to rebalance his or her portfolio, the respective holdings in the Company common stock fund will be limited to a maximum of 20% regardless of the current investments in the Company common stock fund.
 
Contributions
 
As soon as administratively feasible, normally about 15 days after the employment start date, employees are automatically enrolled in the Plan at a 3% contribution rate in the appropriate Birth Date Fund based on the year employees were born.
 
 
5
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
  
 
1.   Description of the Plan (continued)
 
Participants may annually contribute, on a pretax basis, up to 50% of their eligible compensation, as defined by the Plan. Contributions are subject to annual deductibility limits specified under the Code. The annual limitation was $16,500 for 2011. Contributions can be made as whole or fractional percentages of pay. Employees can choose pre-tax contributions, after-tax Roth 401(k) contributions, or a combination of the two. The Plan also accepts rollover contributions from a Roth deferral account to the Plan as described in Code section 402A(e)(1) and only to the extent the rollover is permitted under the rules of section 402(c) of the Code. After-tax Roth 401(k) contributions shall be treated as deferred contributions for all purposes under the Plan, including Company matching contributions.
 
Participants who are age 50 or older by the end of the plan year can contribute an additional $5,500 above the annual limitation. Catch-up contributions can be pre-tax contributions, after-tax Roth 401(k) contributions, or a combination of the two. These catch-up contributions are not eligible for the Company match. Participants may also make rollover contributions of amounts representing distributions from other qualified defined benefit or defined contribution plans.
 
Effective February 1, 2011, the Company matching contribution was a fixed contribution funded at 100%, up to 4% of eligible earnings, contributed each pay period. Prior to February 1, 2011, the Company matching contributions were discretionary funded at the same rates.
 
Employees of Autonomy Corporation plc (Autonomy), who began participating in the Plan in November 2011 following the Company’s October 3, 2011, acquisition of a controlling interest in Autonomy, are eligible for matching contributions of 50% of the first 6% of eligible pay contributed each pay period.
 
Employees of Palm, Inc. (Palm), who began participating in the Plan in August 2010 following the Company’s July 1, 2010, acquisition of Palm, are eligible for matching contributions of 50% of the first 6% of eligible pay contributed each pay period.
 
Vesting
 
Participants are fully vested at all times with regard to their contributions and earnings thereon.
 
 
6
 

 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
  
 
1.   Description of the Plan (continued)
 
Effective January 1, 2006, all new employees are subject to a three-year cliff vesting schedule with regard to Company matching contributions. As a result, participants with no prior HP service who enter the Plan on or after January 1, 2006, do not vest in Company matching contributions until the earlier of earning three years of credited service, attaining age 65, death before termination of employment, or becoming eligible for disability benefits under the Company’s long-term disability benefits program, at which time they will become 100% vested in their Company matching contributions and earnings thereon.  Participants are also fully vested in their Company matching contributions if they terminate employment in connection with a sale or divestiture by the Company of the business unit in which the participant had been employed.
 
Participants who are employees of Autonomy are subject to a four-year graded vesting schedule, with their Company matching contributions becoming 25% vested after one full year of service, 50% vested after two full years of service, 75% vested after three full years of service, and 100% vested after four or more years of service, taking into consideration years of service with Autonomy.
 
Participants who are employees of Palm are subject to a three-year graded vesting schedule, with their Company matching contributions becoming 33% vested after one full year of service, 66% vested after two full years of service, and 100% vested after three or more years of service.
 
Effective for matching contributions made as of July 31, 2011, in order to receive a matching contribution, the employee must be employed on the last day of the fiscal quarter or have terminated employment as a result of the employee’s death, termination under a Company approved severance program, or in connection with a sale or divestiture by the Company of the business unit in which the participant had been employed.
 
Participant Accounts
 
Each participant’s account is credited with the participant’s contributions and allocations of (i) Company contributions and (ii) Plan earnings and losses. Allocations are determined in accordance with the provisions of the plan document. The benefit to which a participant is entitled is the benefit that can be provided from the vested portion of the participant’s account.
 
Notes Receivable From Participants
 
The Plan offers two types of loans, namely general-purpose loans and primary residence loans. The repayment period for a general-purpose loan may not exceed 5 years, and the repayment period for a primary residence loan may not exceed 15 years.
 
 
7
 

 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 
 
1.   Description of the Plan (continued)
 
Participants may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 or 50% of their vested account balances. Loans are secured by the participant’s account and bear interest at a rate equal to the prevailing prime rate plus 1%. Principal and interest are paid ratably through payroll deductions.
 
Forfeitures
 
Upon termination of employment, participants forfeit their nonvested balances. Forfeited balances of terminated participants’ nonvested accounts are used to reduce future Company matching contributions, restore previously forfeited balances, or pay eligible Plan expenses.
 
Unallocated forfeiture balances as of December 31, 2011 and 2010, were approximately $1,100,000 and $2,300,000, respectively, and forfeitures used to reduce Company matching contributions for 2011 were approximately $11,300,000. Additionally, the unallocated EDS 401(k) Plan forfeiture balance as of December 31, 2010, was approximately $2,900,000 and was applied to the Company match made in 2011.
 
Payment of Benefits
 
On termination of service, death, or retirement, participants may elect to receive a lump-sum amount equal to the value of their accounts. Lump-sum payments may be made in cash or shares of stock for distribution from the Company common stock fund. Hardship distributions and in-service withdrawals are permitted if certain criteria are met. Participants may also, at any time, withdraw all or part of their rollover accounts.
 
Administrative and Investment Management Expenses
 
Certain fees and expenses of the Plan for legal and other administrative services are paid directly by the Company on behalf of the Plan. Effective January 1, 2011, each participant was charged a fixed fee of $8.50 per fiscal quarter for recordkeeping expense. Certain administrative and investment management fees related to certain investment options are paid directly to the Plan’s investment managers and are reported separately on the statement of changes in net assets available for benefits.
 
 
8
 

 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 
 
1.   Description of the Plan (continued)
 
Plan Termination
 
Although it has not expressed any intent to do so, the Company has the right to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA.
 
2.   Summary of Significant Accounting Policies
 
Basis of Accounting
 
The accompanying financial statements have been prepared on the accrual basis of accounting.
 
Use of Estimates
 
The preparation of the financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates that affect the amounts reported in the financial statements and accompanying notes and supplemental schedule. Actual results could differ from those estimates.
 
Recent Accounting Pronouncements
 
In January 2010, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2010-06, Improving Disclosures about Fair Value Measurements (ASU 2010-06). ASU 2010-06 amended ASC 820, Fair Value Measurement and Disclosures (ASC 820), to clarify certain existing fair value disclosures and require certain additional disclosures. The guidance in ASU 2010-06 clarified that disclosures should be presented separately for each “class” of assets and liabilities measured at fair value and provided guidance on how to determine the appropriate classes of assets and liabilities to be presented.  ASU 2010-06 also clarified the requirement for entities to disclose information about both the valuation techniques and inputs used in estimating Level 2 and Level 3 fair value measurements. In addition, ASU 2010-06 introduced new requirements to disclose the amounts (on a gross basis) and reasons for any significant transfers between Levels 1, 2, and 3 of the fair value hierarchy and present information regarding the purchases, sales, issuances, and settlements of Level 3 assets and liabilities on a gross basis.
 
 
9
 

 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 
 
2.   Summary of Significant Accounting Policies (continued)
 
The requirement to present changes in Level 3 measurements on a gross basis became effective for reporting periods beginning after December 15, 2010. The remaining guidance in ASU 2010-06 became effective for reporting periods beginning after December 15, 2009. Since ASU 2010-06 only affects fair value measurement disclosures, adoption of ASU 2010-06 did not affect the Plan’s net assets available for benefits or its changes in net assets available for benefits.
 
In May 2011, the FASB issued ASU 2011-04, Amendments to Achieve Common Fair Value Measurements and Disclosure Requirements in U.S. GAAP and IFRS. ASU 2011-04 amended ASC 820 to converge the fair value measurement guidance in U.S. generally accepted accounting principles (GAAP) and International Financial Reporting Standards (IFRS). Some of the amendments clarify the application of existing fair value measurement requirements, while other amendments change a particular principle in ASC 820. In addition, ASU 2011-04 requires additional fair value disclosures. The amendments are to be applied prospectively and are effective for annual periods beginning after December 15, 2011. Plan management is currently evaluating the effect that the provisions of ASU 2011-04 will have on the Plan’s financial statements.
 
Reclassifications
 
Certain prior year classification disclosures have been reclassified to be consistent with the current year's presentation.
 
Derivative Contracts
 
In the normal course of business, the Plan enters into derivative contracts (derivatives) for trading purposes. Derivatives are either exchange-traded or over-the-counter (OTC) contracts. Exchange-traded derivatives are standard contracts traded on a regulated exchange. OTC contracts are private contracts negotiated with counterparties. The Plan has entered into derivatives that include foreign currency exchange contracts, option contracts, futures, and swaps agreements.
 
Derivatives are recorded at fair value. The Plan values derivatives at independent values when available; otherwise, fair values are based on pricing models that incorporate the time value of money, volatility, credit spreads, liquidity, and the current market and contractual prices of the underlying financial instruments.
 
 
10
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 
 
2.   Summary of Significant Accounting Policies (continued)

Investment Valuation and Income Recognition
 
The Plan’s investments are stated at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). See Note 4 for further discussion of fair value measurements.
 
Investment contracts held by a defined contribution plan are required to be reported at fair value. However, contract value is the relevant measurement attribute for that portion of net assets available for benefits of the Plan attributable to fully benefit-responsive contracts because contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the Plan. The Plan currently invests in fully benefit-responsive guaranteed investment contracts (traditional GIC). The statements of net assets available for benefits present the fair value of the investment contract, as well as an adjustment of the fully benefit-responsive investment contracts from fair value to contract value. The fair value of the GICs was calculated by discounting the related cash flows based on current yields of similar instruments with comparable durations. The contract value of the fully benefit-responsive investment contract represents contributions plus earnings, less participant withdrawals and administrative expenses. As of December 31, 2011, the issuer of the traditional GIC has indicated that contract value approximates fair value.
 
Assets and liabilities measured at fair value are categorized into the following fair value hierarchy:
 
Level 1 – Fair value is based on unadjusted quoted prices for identical assets or liabilities in an active market that the Plan has the ability to access at the measurement date.
 
Level 2 – Fair value is based on quoted prices in markets that are not active, quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability. Pricing models are utilized to estimate fair value for certain financial assets and liabilities categorized in Level 2.
 
 
11
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 
 
2.   Summary of Significant Accounting Policies (continued)
 
Level 3 – Fair value is based on prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable. These inputs reflect management’s judgment about the assumptions that a market participant would use in pricing the investment and are based on the best available information, some of which may be internally developed.
 
The level in the fair value hierarchy with which the fair value measurement is classified is determined based on the lowest level input that is significant to the fair value measure in its entirety.
 
Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded as earned. Dividends are recorded on the ex-dividend date. Net appreciation/depreciation in the fair value of investments includes the Plan’s gains and losses on investments bought and sold, as well as held during the year.
 
3.   Investments
 
The fair values of individual investments that represent 5% or more of the fair value of the Plan’s net assets are as follows:
 
   
December 31
  
   
2011
    
2010
  
             
HP Common Stock
   $ 561,318,720 *   $ 926,242,647  
Vanguard PRIMECAP ADM Fund
     734,724,342       820,106,528  
BTC RUSSELL 1000 Index Fund
     1,293,779,452       **  
 
*Less than 5% of the fair value of the Plan’s net assets as of December 31, 2011.
 
**The Plan did not hold this investment as of December 31, 2010.
 
 
12
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 
 
3.  Investments (continued)
 
For the year ended December 31, 2011, the Plan’s investments (including investments purchased, sold, as well as held during the year) appreciated (depreciated) in fair value as follows:
 
Registered investment companies
   $ (183,070,172 )
Common stock
     (218,654,860 )
Common collective trust funds
     (138,648,685 )
Company common stock
     (333,997,550 )
Corporate debt
     10,440,825  
Total net realized and unrealized depreciation in fair value of investments
   $ (863,930,442 )

4.   Fair Value Measurements
 
The following is a description of the valuation methodologies used for assets measured at fair value.
 
Common collective trusts and privately held mutual funds: Valued at the net asset value (NAV) established by the funds’ sponsor on the last business day of the plan year, based on the fair value of the assets underlying the funds. There are no redemption restrictions on the Plan’s investments in common collective trusts and privately held mutual funds.
 
Publicly traded mutual funds and common stocks: Valued at the closing price reported on the active market on which the individual securities are traded.
 
Corporate debt, U.S. government securities and foreign obligations: Valued using quoted market prices that are traded in less active markets or quoted market price for similar investments.
 
Money market funds: Valued at the NAV of units held by the Plan at year-end.
 
Short-term investments: Valued at cost plus accrued interest, which approximates fair value.
 
Traditional GIC: Valued using the present value of the contracts’ future cash flows discounted by comparable duration Wall Street Journal GIC index rates.
 
 
13
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 
 
4.   Fair Value Measurements (continued)
 
Derivative instruments: Listed derivatives, such as futures and exchange-traded options, are valued based on quoted prices from the exchange and are categorized in Level 1 of the fair value hierarchy to the extent that these instruments are actively traded and valuation adjustments are not applied. If valuation adjustments are applied to listed derivatives, they are categorized in Level 2. OTC derivative contracts are privately negotiated contracts with counterparties, including forwards, credit default swaps, and total return swaps. Depending on the product and the terms of the transaction, the fair value for the OTC derivative products can be modeled taking into account the counterparties’ creditworthiness and using a series of techniques, including simulation models. Many pricing models do not entail material subjectivity because the methodologies employed do not require significant judgments and the pricing inputs are observed from actively quoted markets. Such contracts are categorized in Level 2.
 
The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.
 
The following table sets forth by level, within the fair value hierarchy, the Plan’s assets and liabilities as of December 31, 2011 and 2010:
 
   
Fair Value Measurements as of December 31, 2011
  
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets
                        
Mutual funds:
                        
Index funds
   $ 4,037,335     $ –     $ –     $ 4,037,335  
Growth funds
     1,561,225,969       43,087,359       –       1,604,313,328  
Fixed income funds
     694,565,554       315,525,501       –       1,010,091,055  
Value funds
     90,115,794       –       –       90,115,794  
Other funds
     73,652,259       –       –       73,652,259  
Total mutual funds
     2,423,596,911       358,612,860       –       2,782,209,771  
                                 
Self-directed brokerage accounts:
                                
Mutual funds:
                                
Index funds
     14,131,187       –       –       14,131,187  
Growth funds
     52,936,202       –       –       52,936,202  
Fixed income funds
     111,096,467       –       –       111,096,467  
Value funds
     31,617,985       –       –       31,617,985  
Industry specific funds
     19,622,355       –       –       19,622,355  
Other funds
     47,332,821       –       –       47,332,821  
Total self-directed brokerage account
     276,737,017       –       –       276,737,017  
 
 
14
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 
 
4.   Fair Value Measurements (continued)
 
   
Fair Value Measurements as of December 31, 2011
  
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Common collective trusts:
                        
Index funds
   $ –     $ 2,573,846,644     $ –     $ 2,573,846,644  
Growth funds
     –       443,295,485       –       443,295,485  
Other funds
     –       74,121,551       –       74,121,551  
Total common collective trusts
     –       3,091,263,680       –       3,091,263,680  
                                 
HP common stock
     561,318,720       –       –       561,318,720  
                                 
Money market funds
     –       2,832,925       –       2,832,925  
                                 
Short-term investments
     –       540,119,388       –       540,119,388  
                                 
Common and preferred stocks:
                                
Automobiles and components
     70,078,762       –       –       70,078,762  
Banks, insurance, and other financial institutions
     503,978,935       –       –       503,978,935  
Consumer and capital goods
     1,105,414,978       –       –       1,105,414,978  
Health care and pharmaceuticals
     493,487,118       –       –       493,487,118  
Telecommunications and media
     275,480,193       –       –       275,480,193  
Technology, hardware, and software
     691,509,800       –       –       691,509,800  
Energy, transportation, and other utilities
     577,148,726       –       –       577,148,726  
Hospitality and real estate
     387,641,789       –       –       387,641,789  
Total common and preferred stocks
     4,104,740,301       –       –       4,104,740,301  
                                 
Corporate debt:
                                
Banks, insurance, and other financial institutions
     –       439,499,649       –       439,499,649  
Consumer and capital goods
     –       66,580,081       –       66,580,081  
Health care, pharmaceuticals, and biotechnology
     –       43,358,762       –       43,358,762  
Technology, hardware, and equipment
     –       22,701,563       –       22,701,563  
Telecommunications and media
     –       95,668,985       –       95,668,985  
Energy, transportation, and other utilities
     –       76,252,822       –       76,252,822  
Real estate
     –       9,300,387       –       9,300,387  
    Total corporate debt
     –       753,362,249       –       753,362,249  
                                 
Foreign obligations
     –       41,707,043       –       41,707,043  
 
 
15
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)

 
4.   Fair Value Measurements (continued)
 
   
Fair Value Measurements as of December 31, 2011
  
   
Level 1
    
Level 2
    
Level 3
    
Total
  
U.U.S. government securities:
                        
Federal
   $ –     $ 1,473,360,372     $ –     $ 1,473,360,372  
State
     –       28,708,484       –       28,708,484  
Municipal
     –       48,765,264       –       48,765,264  
    Total U.S. government securities
     –       1,550,834,120       –       1,550,834,120  
                                 
    Guaranteed investment contracts
     –       11,989,237       –       11,989,237  
Total investments
     7,366,392,949       6,350,721,502       –       13,717,114,451  
                                 
Derivative assets
     830,696       3,008,067       –       3,838,763  
Amount due from brokers for securities sold
     181,590,682       –       –       181,590,682  
Total assets measured at fair value
   $ 7,548,814,327     $ 6,353,729,569     $ –     $ 13,902,543,896  
                                 
Liabilities
                                
Derivative liabilities
   $ 96,226     $ 2,870,555     $ –     $ 2,966,781  
Amount due to brokers for securities purchased
     193,332,110       –       –       193,332,110  
Total liabilities measured at fair value
   $ 193,428,336     $ 2,870,555     $ –     $ 196,298,891  

 
   
Fair Value Measurements as of December 31, 2010
  
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets
                        
Mutual funds:
                        
Index funds
   $ 806,641,582     $ –     $ –     $ 806,641,582  
Growth funds
     2,199,417,974       36,487,759       –       2,235,905,733  
Fixed income funds
     653,102,787       390,568,664       –       1,043,671,451  
Value funds
     99,872,623       –       –       99,872,623  
Other funds
     25,000,000       –       –       25,000,000  
Total mutual funds
     3,784,034,966       427,056,423       –       4,211,091,389  
                                 
Common collective trusts:
                                
Benefit responsive
     –       109,898,140       –       109,898,140  
Growth funds
     –       291,331,604       –       291,331,604  
Fixed income funds
     –       747,873,726       –       747,873,726  
Other funds
     –       25,000,000       –       25,000,000  
Total common collective trusts
     –       1,174,103,470       –       1,174,103,470  
                                 
HP common stock
     926,242,647       –       –       926,242,647  
                                 
Money market funds
     –       409,204,895       –       409,204,895  
                                 
Short-term investments
     –       95,202,013       –       95,202,013  
 
 
16
 
 

 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)

 
4.   Fair Value Measurements (continued)
 
   
Fair Value Measurements as of December 31, 2010
  
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Common and preferred stocks:
                        
Automobiles and components
   $ 52,692,030     $ –     $ –     $ 52,692,030  
Banks, insurance, and other financial institutions
     1,118,421,099       –       –       1,118,421,099  
Consumer and capital goods
     1,268,013,574       –       –       1,268,013,574  
Health care and pharmaceuticals
     505,015,477       –       –       505,015,477  
Telecommunications and media
     221,717,033       –       –       221,717,033  
Technology, hardware, and software
     831,193,141       –       –       831,193,141  
Energy, transportation, and other utilities
     648,391,939       –       –       648,391,939  
Hospitality and real estate
     366,020,304       –       –       366,020,304  
Other
     2,480,935       –       –       2,480,935  
Total common and preferred stocks
     5,013,945,532       –       –       5,013,945,532  
                                 
Corporate debt:
                                
Banks, insurance, and other financial institutions
     –       98,166,806       –       98,166,806  
Consumer and capital goods
     –       22,859,762       –       22,859,762  
Health care, pharmaceuticals, and biotechnology
     –       13,128,645       –       13,128,645  
Technology, hardware, and equipment
     –       10,454,278       –       10,454,278  
Telecommunications and media
     –       32,727,305       –       32,727,305  
Energy, transportation, and other utilities
     –       18,307,452       –       18,307,452  
Real estate
     –       2,668,102       –       2,668,102  
Other
     –       4,157,969       –       4,157,969  
    Total corporate debt
     –       202,470,319       –       202,470,319  
                                 
Foreign obligations
     –       1,591,455       –       1,591,455  
                                 
    U.S. government securities:
                                
Federal
     –       331,108,147       –       331,108,147  
State
     –       15,168,992       –       15,168,992  
Municipal
     –       3,362,833       –       3,362,833  
    Total U.S. government securities
     –       349,639,972       –       349,639,972  
                                 
    Guaranteed investment contracts
     –       11,267,609       –       11,267,609  
Total investments
     9,724,223,145       2,670,536,156       –       12,394,759,301  
                                 
Derivative assets
     28,949       4,394,519       –       4,423,468  
Amount due from brokers for securities sold
     29,530,187,605       –       –       29,530,187,605  
Total assets measured at fair value
   $ 39,254,439,699     $ 2,674,930,675     $ –     $ 41,929,370,374  
 
 
17
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 

4.   Fair Value Measurements (continued)
 
   
Fair Value Measurements as of December 31, 2010
  
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Liabilities
                        
Derivative liabilities
   $ 33,869     $ 4,310,164     $ –     $ 4,344,033  
Amount due to brokers for securities purchased
     27,596,895,765       –       –       27,596,895,765  
Total liabilities measured at fair value
   $ 27,596,929,634     $ 4,310,164     $ –     $ 27,601,239,798  
 
Certain amounts have been reclassified in the December 31, 2010 disclosures to be consistent with the December 31, 2011 disclosures.
 
5. Guaranteed Investment Contracts
 
Prior to December 31, 2010, the Plan offered a Stable Value Fund, which invested in GICs, to provide participants with a stable, fixed-rate return and protection of principal from market changes. As of December 31, 2011 and 2010, the Plan held one traditional GIC. All other investments that comprised the Stable Value Fund prior to December 31, 2010, were liquidated in preparation for the new investment option lineup described above. There are no reserves against contract value for credit risk of the contract issuer or otherwise. The crediting interest rates are based on a formula agreed upon with the issuer. The interest rate paid by the issuer or contract rate may be fixed over the life of the contract or adjusted periodically, but cannot fall below 0%.
 
Certain events limit the ability of the Plan to transact at contract value with the issuer. Such events include amendments to the plan document, changes to the Plan’s prohibition of competing investment options, complete or partial termination of the Plan, the failure of the Plan or its trust to qualify for exemption from federal income taxes or any required prohibited transaction exemption under ERISA, the redemption of all or a portion of the Plan’s interest in the investment at the direction of the Company, or delivery of any communication to participants designed to influence participants not to invest in the Stable Value Fund prior to December 31, 2010. The Company does not believe that the occurrence of any such events, which would limit the Plan’s ability to transact at contract value with participants, is probable.
 
GICs generally do not permit issuers to terminate the contract prior to the scheduled maturity date.

 
18
 

 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)

 
5.   Guaranteed Investment Contracts (continued)
 
Average yields earned on the Stable Value Fund for the year ended December 31, 2010, were as follows:
 
Based on actual earnings
1.27%
Based on interest rate credited to participants
1.32%
 
6.   Derivatives
 
As the Plan holds investments denominated in foreign currencies, forward foreign currency contracts are generally utilized to hedge a portion of the currency exposure that results in those investments denominated in foreign currencies. The forward foreign currency contracts are not designated as hedging instruments.
 
Forward foreign currency contracts are generally marked-to-market at the prevailing forward exchange rate of the underlying currencies, and the difference between contract value and market value is recorded as unrealized appreciation (depreciation) in fair value of investments. When the forward foreign currency contract is closed, the Plan transfers the unrealized appreciation (depreciation) to a realized gain (loss) equal to the change in the value of the forward foreign currency contract when it was opened and the value when it was closed or offset.
 
Certain risks may arise upon entering into a forward foreign currency contract from the potential inability of the counterparties to meet the terms of their contracts. Additionally, when utilizing forward foreign currency contracts to hedge, the Plan gives up the opportunity to profit from favorable exchange rate movements during the term of the contract. As of December 31, 2011 and 2010, the value of currencies under forward foreign currency contracts represented less than 1% of net assets available for benefits.
 
 
19
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)

 
6.   Derivatives (continued)
 
Total gross notional amounts for outstanding derivatives (recorded at fair value) were as follows:
 
   
December 31
  
   
2011
  
2010
             
Forward foreign currency exchange
   $ 10,100,919     $ 1,178,178  
Financial futures
     153,037,262       135,000,000  
Interest rate swaps
     11,200,000       3,121,615  
Financial options
     156,500,000       (28,800,000 )
Credit default swaps
     10,466,000       134,155  
Total
   $ 341,304,181     $ 110,633,948  

Total gross notional amounts for forward foreign currency exchange contracts by currency were as follows:
 
   
December 31
  
   
2011
    
2010
  
             
South Korean won
   $ 138,993     $ 203,163  
Philippine peso
     (101,510 )     100,479  
Chinese yuan
     (438,459 )     422,615  
Mexican peso
     (91,788 )     197,982  
Singapore dollar
     (2,971,130 )     364,817  
British pound
     (159,603 )     (3,712 )
Japanese yen
     10,303,518       (1,834 )
Australian dollar
     (4,493,975 )     (57 )
Canadian dollar
     (22,619,265 )     (103,658 )
Euro
     28,734,659       (1,617 )
Brazilian real
     444,198       –  
Indian rupee
     (149,973 )     –  
Swiss franc     (921,232 )     –  
Danish crone     (3,698 )     –  
Hong Kong dollar     169,337       –  
Norwegian krone     1,246,315       –  
New Zealand dollar     856,213       –  
Israeli shekels     189,236       –  
Swedish krona     32,363       –  
South African rand     (63,280 )     –  
Total
   $ 10,100,919     $ 1,178,178  
 
 
20
 

 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 
 
6.   Derivatives (continued)
 
The fair values of the derivatives instruments included in the net assets available for benefits were as follows:
 
   
December 31, 2011
  
December 31, 2010
   
Derivative
Asset
  
Derivative
Liability
  
Derivative
Asset
  
Derivative
Liability
Forward foreign currency exchange
   $ 2,735,043     $ 2,870,555     $ 4,349,106     $ 4,309,996  
Financial futures
     615,876       –       22,125       –  
Interest rate swaps
     273,024       –       45,413       –  
Financial options
     –       96,226       6,824       33,869  
Credit default swap
     214,820       –       –       168  
Total
   $ 3,838,763     $ 2,966,781     $ 4,423,468     $ 4,344,033  
 
All income from derivatives was recorded as net realized and unrealized appreciation (depreciation) in fair value of investments. The effects of derivatives on the net realized and unrealized appreciation (depreciation) in fair value of investments for the year ended December 31, 2011, were as follows:
 
Forward foreign currency exchange
   $ 2,103    
Financial futures
     668,006    
Financial options
     185,595    
Interest rate and credit default swaps
     564,381    
Total
   $ 1,420,085    
 
7.   Income Tax Status

The Plan has received a determination letter from the Internal Revenue Service (IRS) dated October 24, 2009, stating that the Plan is qualified under Section 401(a) of the Code and, therefore, the related trust is exempt from taxation. Subsequent to this determination by the IRS, the Plan was amended. The Plan has also applied for, but not received an updated determination letter. Once qualified, the Plan is required to operate in conformity with the Code to maintain its qualified status. The plan administrator believes that the Plan is being operated in compliance with the applicable requirements of the Code and, therefore, believes the Plan, as amended, is qualified and the related trust is tax-exempt. The plan administrator has indicated that it will take any steps necessary to maintain the tax qualified status of the Plan.
 
 
21
 

 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 
 
7.   Income Tax Status (continued)
 
Plan management evaluates any uncertain tax positions taken by the Plan. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination by the IRS. The plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2011, there are no uncertain positions taken or expected to be taken. The Plan has recognized no interest or penalties related to uncertain tax positions. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The plan administrator believes it is no longer subject to income tax examinations for years prior to 2008.
 
8.   Related-Party Transactions
 
The Plan engages in certain transactions involving Fidelity Management Trust Company (Fidelity), the Trustee, and the Company, which are parties-in-interest under the provisions of ERISA. These transactions involve the purchase and sale of the Company’s common stock and corporate debt and investment of Plan monies in money market and mutual funds managed by Fidelity primarily through the Tier 5 self-directed brokerage accounts. During 2011, the Plan made purchases of $57,609,398 and sales of $64,772,160 of the Company’s common stock. Additionally, as of December 31, 2011 and 2010, the Plan held $561,318,720 and $926,242,647, respectively, of the Company’s common stock and $8,484,691 and $3,736,996, respectively, of the Company’s corporate debt. As of December 31, 2011 and 2010, the Plan held $328,261,163 and $694,411,570, respectively, of investments managed by Fidelity or its affiliates.
 
9.   Risk and Uncertainties
 
The Plan invests in various investment securities. Investment securities are exposed to various risks such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants’ account balances and the amounts reported in the statements of net assets available for benefits.
 
 
22
 

 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 
 
10.  Subsequent Events
 
Effective May 23, 2012, in order to receive a Company matching contribution with respect to a fiscal quarter, as defined, a participant must be employed as of the last day of such fiscal quarter or have terminated employment during such fiscal quarter as a result of such employee’s death, termination under a Company-approved severance program or the 2012 U.S. Enhanced Early Retirement Program, or in connection with a sale or other disposition by the Company of the business unit in which such participant had been employed. Additionally, a participant shall be 100% vested in his or her matching contribution account if he or she terminates employment from the affiliated group, as defined, in connection with a sale or other disposition by the Company of the business unit in which the participant had been employed or under the 2012 U.S. Enhanced Early Retirement Program.
 
Effective June 1, 2012, employees of Autonomy who make elective deferrals on and/or after November 16, 2011, will receive a matching contribution with respect to such elective deferrals of 50% of the first 6% of eligible pay, not to exceed $1,000 for any calendar year; provided, however, that for 2012, the minimum matching contribution for any employee will be limited to the greater of (i) the amount of matching contribution received by such employee as of May 31, 2012, or (ii) $1,000.
 
11.  Reconciliation of Financial Statements to Form 5500
 
The following is a reconciliation of net assets available for benefits per the financial statements to the Form 5500:
 
   
December 31
    
   
2011
    
2010
    
Net assets available for benefits per the financial statements
   $ 13,988,955,586     $ 14,684,876,969  
Less: Adjustment from fair value to contract value for fully benefit-responsive              
investment contracts
   –       (1,786,962 )
Net assets available for benefits per the Form 5500
   $ 13,988,955,586     $ 14,683,090,007  

 
 
23
 
 
 
Hewlett-Packard Company 401(k) Plan
 
Notes to Financial Statements (continued)
 
 
11.  Reconciliation of Financial Statements to Form 5500 (continued)
 
The following is a reconciliation of the net investment loss per the financial statements for the year ended December 31, 2011, to the Form 5500:
 
Net investment loss per the financial statements (excluding interest income      
from notes receivable from participants)
 $ (558,152,943 )
Add: Prior year adjustment from fair value to contract value for fully      
benefit-responsive investment contracts
   1,786,962  
Net investment loss per the Form 5500
   $ (556,365,981 )
 
 
24
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 
December 31, 2011
  
 
           
(c)
      
           
Description of Investment,
      
    (b)      
Including Maturity Date,
  
(e)
   
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
                       
Money market funds
                
  *  
FIDELITY INSTITUTIONAL CASH PORT
       2,832,925  
shares
   $ 2,832,925  
                             
Short-term investments
                    
     
VANGUARD PRIME MONEY MARKET
       400,849,464  
shares
     400,849,464  
     
WACHOVIA BK NA BN 6 11/15
       725,000  
shares
     800,761  
     
INTEREST-BEARING CASH
       1,956,469,377  
shares
     138,469,163  
                          540,119,388  
                             
Registered investment companies
                    
     
CRM MID CAP VALUE FD INST
       3,404,450  
shares
     90,115,794  
     
DODGE & COX INTL STOCK FD
       14,734,305  
shares
     430,831,093  
  *  
FIDELITY LOW PRICED STOCK
       7,047,188  
shares
     251,796,043  
     
HIGHBRIDGE DYNA COMM STR
       4,297,098  
shares
     73,652,259  
     
HIGH YIELD PORTFOLIO INST
       1,339,153  
shares
     9,615,116  
     
MFS INTL NEW DISCOVERY FD
       7,211,754  
shares
     143,874,491  
     
PIMCO ASSET BACK SECS POR
       2,206,040  
shares
     22,611,909  
     
PIMCO EMMERG MKTS FD INST
       1,437,258  
shares
     14,185,732  
     
PIMCO HIGH YIELD FUND
       34,148,027  
shares
     306,649,283  
     
PIMCO INTL PORT FUND (UNLISTED)
       5,611,966  
shares
     28,901,627  
     
PIMCO INV GRD PORT (UNLISTED)
       5,933,764  
shares
     60,702,404  
     
PIMCO MTG PORT INSTL CL (UNLISTED)
       10,342,732  
shares
     113,046,061  
     
PIMCO MUNI SECTR PORT INST
       698,070  
shares
     5,877,753  
     
PIMCO REAL RETRN BD FD INST
       4,320,673  
shares
     41,089,598  
     
PIMCO REAL RETURN BD FD INST
       32,086,612  
shares
     378,301,155  
     
PIMCO SHORT TERM PORT INST
       1,283,508  
shares
     11,217,861  
     
PIMCO US GOVT SECTOR PORT
       6,985,099  
shares
     60,979,915  
     
SPDR S&P 500 ETF TRUST
       32,170  
shares
     4,037,335  
     
VANGUARD PRIMECAP ADMIRAL
       11,472,897  
shares
     734,724,342  
                          2,782,209,771  
 
 
25
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock
                    
     
3M CO
         100,700  
shares
   $ 8,230,211  
     
AAR CORP
       99,600  
shares
     1,909,332  
     
ABB LTD (REG) (SWIT)
       243,452  
shares
     4,583,114  
     
ABERTIS INFRAESTRUCTURAS
       9,999  
shares
     159,713  
     
ABOITIZ POWER CORP
       449,100  
shares
     306,298  
     
ACADIA RLTY TR REIT
       28,909  
shares
     582,227  
     
ACCENTURE PLC CL A
       83,994  
shares
     4,471,001  
     
ACCIONA SA
       9,105  
shares
     786,447  
     
ACE LTD
       76,251  
shares
     5,346,720  
     
ACHILLION PHARMACEUTICALS
       32,510  
shares
     247,726  
     
ACME PACKET INC
       93,000  
shares
     2,874,630  
     
ACS ACTIVIDADES CONST Y S
       12,888  
shares
     382,023  
     
ACTELION LTD (REGD)
       17,591  
shares
     604,067  
     
ACTIVISION BLIZZARD INC
       60,550  
shares
     745,976  
     
ACTUANT CORP CL A
       20,638  
shares
     468,276  
     
ADARO ENERGY PT
       900,000  
shares
     175,682  
     
ADIDAS AG
       110,056  
shares
     7,159,863  
     
ADOBE SYSTEMS INC
       80,000  
shares
     2,261,600  
     
ADTRAN INC
       159,660  
shares
     4,815,346  
     
ADVANCE RESID INV CRP NEW
       136  
shares
     262,405  
     
ADVANCED INFO SVCS (LOC)
       654,500  
shares
     2,910,040  
     
ADVANTEST CORP
       15,600  
shares
     148,571  
     
ADVISORY BOARD CO
       80,000  
shares
     5,936,800  
     
AEGON NV
       402,696  
shares
     1,616,395  
     
AEGON NV (NY REGD)
       673,085  
shares
     2,705,802  
     
AEON CO LTD
       169,800  
shares
     2,331,951  
     
AERCAP HOLDINGS NV
       420,000  
shares
     4,741,800  
     
AETNA INC
       63,725  
shares
     2,688,558  
     
AFC ENTERPRISES INC
       22,330  
shares
     328,251  
     
AFFILIATED MANAGERS GRP
       14,749  
shares
     1,415,167  
     
AFLAC INC
       56,940  
shares
     2,463,224  
     
AFRICAN RAINBOW MINERALS
       47,461  
shares
     1,005,355  
     
AGEAS (BELG)
       343,827  
shares
     534,060  
     
AGILENT TECHNOLOGIES INC
       218,254  
shares
     7,623,612  
     
AGL ENERGY LTD
       65,465  
shares
     959,362  
     
AHOLD NV (KONINKLIJKE)
       139,892  
shares
     1,884,098  
     
AIR GAS INC
       25,137  
shares
     1,962,697  
     
AIR PRODUCTS & CHEMICALS
       51,287  
shares
     4,369,140  
     
AISIN SEIKI CO LTD
       62,400  
shares
     1,778,803  
 
 
26
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
AIXTRON SE
       229,655  
shares
   $ 2,928,065  
     
AJINOMOTO CO INC
       114,000  
shares
     1,368,622  
     
AKER SOLUTIONS ASA
       18,465  
shares
     194,378  
     
ALCATEL-LUCENT
       235,611  
shares
     368,105  
     
ALERE INC
       116,000  
shares
     2,678,440  
     
ALEXANDRIA REAL ES EQ REIT
       27,900  
shares
     1,924,263  
     
ALEXION PHARMACEUTICALS
       68,867  
shares
     4,923,991  
     
ALFA LAVAL AB
       282,124  
shares
     5,346,535  
     
ALFA SAB DE CV CL A
       24,700  
shares
     269,042  
     
ALIMENTATION COUCH C CL B
       43,831  
shares
     1,364,339  
     
ALKERMES PLC
       77,398  
shares
     1,343,629  
     
ALLEGIANT TRAVEL CO
       91,351  
shares
     4,872,662  
     
ALLERGAN INC
       108,495  
shares
     9,519,351  
     
ALLIANCE DATA SYS CORP
       112,500  
shares
     11,682,000  
     
ALLIED WRLD ASSURNCE HLDG
       16,060  
shares
     1,010,656  
     
ALLSCRIPTS HLTHCARE SOLS
       55,102  
shares
     1,043,632  
     
ALLSTATE CORPORATION
       162,000  
shares
     4,440,420  
     
ALSTRIA OFFICE REIT-AG
       30,329  
shares
     361,015  
     
ALTERA CORP
       90,819  
shares
     3,369,385  
     
ALTERRA CAPITAL HLDGS LTD
       157,000  
shares
     3,709,910  
     
ALTRIA GROUP INC
       36,563  
shares
     1,084,093  
     
AMADA CO LTD
       8,000  
shares
     50,724  
     
AMADEUS IT HLDGS SA CL A
       32,138  
shares
     521,449  
     
AMAZON.COM INC
       135,822  
shares
     23,510,788  
     
AMC NETWORKS INC CL A
       53,750  
shares
     2,019,925  
     
AMDOCS LTD
       215,000  
shares
     6,133,950  
     
AMERICAN ELECTRIC POWER C
       172,645  
shares
     7,131,965  
     
AMERICAN EXPRESS CO
       491,053  
shares
     23,162,970  
     
AMERICAN TOWER CL A (OLD)
       182,745  
shares
     10,966,527  
     
AMERIPRISE FINANCIAL INC
       155,142  
shares
     7,701,249  
     
AMETEK INC NEW
       17,612  
shares
     741,465  
     
AMGEN INC
       394,830  
shares
     25,352,034  
     
AMOREPACIFIC NEW
       208  
shares
     188,302  
     
AMPHENOL CORPORATION CL A
       16,369  
shares
     742,989  
     
AMYLIN PHARMACEUTICALS
       89,703  
shares
     1,020,820  
     
ANADARKO PETROLEUM CORP
       210,781  
shares
     16,088,914  
     
ANHEUSER BUSCH IV SA NV S
       68,230  
shares
     4,161,348  
     
ANIXTER INTL INC
       52,366  
shares
     3,123,108  
     
ANSYS INC
       44,047  
shares
     2,523,012  
 
 
27
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
ANTOFAGASTA PLC
       53,734  
shares
   $ 1,014,002  
     
AOL INC
       75,000  
shares
     1,132,500  
     
AON CORP
       113,868  
shares
     5,329,022  
     
APACHE CORP
       24,501  
shares
     2,219,301  
     
APARTMENT INV & MGMT CO A
       80,409  
shares
     1,842,170  
     
APPLE INC
       151,887  
shares
     61,514,235  
     
APPLIED INDU TECH INC
       69,200  
shares
     2,433,764  
     
APTARGROUP INC
       38,948  
shares
     2,031,917  
     
ARDEA BIOSCIENCES INC
       19,640  
shares
     330,148  
     
ARKEMA
       21,457  
shares
     1,519,235  
     
ARM HOLDINGS PLC
       1,391,499  
shares
     12,794,343  
     
ARM HOLDINGS PLC SPON ADR
       117,454  
shares
     3,249,952  
     
ARYZTA AG
       20,276  
shares
     980,174  
     
ASAHI GLASS CO LTD
       95,000  
shares
     797,375  
     
ASAHI GROUP HOLDINGS LTD
       11,700  
shares
     256,909  
     
ASAHI KASEI CORP
       75,000  
shares
     452,154  
     
ASCENA RETAIL GROUP INC
       118,190  
shares
     3,512,607  
     
ASCENDAS REAL ESTATE INVE
       194,000  
shares
     273,692  
     
ASHFORD HOSPITALITY TR
       30,910  
shares
     247,280  
     
ASM PACIFIC TECH LTD
       26,100  
shares
     292,871  
     
ASML HLDG NV (NY REG SHS)
       87,367  
shares
     3,651,067  
     
ASML HOLDING NV (NETH)
       59,049  
shares
     2,482,163  
     
ASSISTED LIVING CON CL A
       16,148  
shares
     240,444  
     
ASTRA AGRO LESTARI TBK (D)
       281,000  
shares
     672,479  
     
ASTRA INTL TBK PT (DEMAT)
       243,500  
shares
     1,987,207  
     
ASTRAZENECA PLC (UK)
       163,614  
shares
     7,559,983  
     
ASTRAZENECA PLC SPONS ADR
       4,515  
shares
     208,999  
     
AT&T INC
       675,513  
shares
     20,427,513  
     
ATHABASCA OIL SANDS CORP
       29,068  
shares
     356,500  
     
ATHENAHEALTH INC
       5,830  
shares
     286,370  
     
ATLAS AIR WORLD
       43,200  
shares
     1,660,176  
     
ATLAS COPCO AB SER A
       742,039  
shares
     15,960,379  
     
ATRIUM EUROPEAN REAL ESTA
       24,073  
shares
     108,499  
     
ATRIUM LJUNGBERG AB B
       14,934  
shares
     158,979  
     
ATWOOD OCEANICS INC
       23,350  
shares
     929,097  
     
AUTOGRILL SPA
       3,868  
shares
     37,751  
     
AUTOMATIC DATA PROCESSING
       88,813  
shares
     4,796,790  
     
AVAGO TECHNOLOGIES LTD
       158,108  
shares
     4,562,997  
     
AVALONBAY COMMUNITIES REI
       84,845  
shares
     11,080,757  
 
 
28
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
AVIVA PLC
       324,484  
shares
   $ 1,515,949  
     
AVON PRODUCTS INC
       188,000  
shares
     3,284,360  
     
AXA SA
       343,441  
shares
     4,465,505  
     
AXEL SPRINGER AG
       57,155  
shares
     2,456,553  
     
B2W COMPANHIA GLOBAL DO V
       60,700  
shares
     293,205  
     
BAE SYSTEMS PLC
       635,174  
shares
     2,812,570  
     
BAIDU INC SPON ADR
       268,887  
shares
     31,317,269  
     
BAKER HUGHES INC
       328,176  
shares
     15,962,481  
     
BALL CORP
       41,900  
shares
     1,496,249  
     
BALLY TECHNOLOGIES INC
       120,500  
shares
     4,766,980  
     
BALOISE HOLDINGS AG
       18,752  
shares
     1,285,874  
     
BANCA MONTE DEI PASCH SIE
       768,672  
shares
     250,633  
     
BANCO COMERCIAL PORTUGUE
       2,059,446  
shares
     362,542  
     
BANCO ESPIRITO SANTO
       219,132  
shares
     382,920  
     
BANCO SANTANDER SA (SPAIN)
       1,229,330  
shares
     9,340,607  
     
BANGKOK BNK PUBLIC CO LTD
       49,900  
shares
     258,975  
     
BANK OF AMERICA CORPORATION
       2,295,140  
shares
     12,760,978  
     
BANK OF CYPRUS PCL (CYPR)
       207,729  
shares
     164,020  
     
BANK OF NEW YORK MELLON
       400,000  
shares
     7,964,000  
     
BANK RAKYAT INDONESIA TBK
       183,000  
shares
     136,228  
     
BANKIA SA
       93,957  
shares
     437,217  
     
BARRICK GOLD CORP (USD)
       30,240  
shares
     1,368,360  
     
BB&T CORP
       304,430  
shares
     7,662,503  
     
BE AEROSPACE INC
       22,164  
shares
     857,968  
     
BEACON ROOFING SUPPLY INC
       121,700  
shares
     2,461,991  
     
BEAM INC
       43,300  
shares
     2,218,259  
     
BEBIDAS DAS AM (CIA) PFD S
       183,820  
shares
     6,634,064  
     
BEC WORLD PLC (LOC)
       342,100  
shares
     487,168  
     
BED BATH & BEYOND INC
       95,744  
shares
     5,550,280  
     
BEFIMMO SCA SICAFI
       905  
shares
     58,900  
     
BEKAERT SA
       16,579  
shares
     531,883  
     
BELLE INTERNATION AL HLDGS
       1,374,000  
shares
     2,395,380  
     
BENI STABILI SPA SIIQ
       723,347  
shares
     323,773  
     
BERKLEY (WR) CORP
       125,000  
shares
     4,298,750  
     
BERRY PETROLEUM CO CL A
       20,600  
shares
     865,612  
     
BG GROUP PLC
       198,061  
shares
     4,234,368  
     
BGP HOLDINGS PLC (UNLIST)
       1,317,017  
shares
     17  
     
BHP BILLITON PLC
       382,137  
shares
     11,143,264  
     
BHP BILLITON SPON ADR
       70,163  
shares
     4,955,613  
 
 
29
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
BIG YELLOW GROUP PLC
       104,598  
shares
   $ 398,506  
     
BIM BIRLESIK MAGAZALAR AS
       40,569  
shares
     1,129,906  
     
BIO RAD LABS CL A
       35,000  
shares
     3,361,400  
     
BIOGEN IDEC INC
       4,350  
shares
     478,718  
     
BIOMED REALTY TRUST INC
       5,615  
shares
     101,519  
     
BLACKROCK INC
       7,131  
shares
     1,271,029  
     
BLOCK H & R INC
       216,000  
shares
     3,527,280  
     
BM&F BOVESPA SA
       1,322,000  
shares
     6,953,413  
     
BMC SOFTWARE INC
       89,600  
shares
     2,937,088  
     
BMW AG (BAYER MTR WKS)
       45,513  
shares
     3,049,287  
     
BNP PARIBAS (FRAN)
       61,953  
shares
     2,433,826  
     
BOARDWALK REIT UNIT
       12,840  
shares
     635,948  
     
BOEING CO
       278,873  
shares
     20,455,335  
     
BOLIDEN AB (SWED)
       25,563  
shares
     373,364  
     
BORGWARNER INC
       80,551  
shares
     5,134,321  
     
BOSTON PPTY CV
      275,000  
shares
     275,000  
     
BOSTON PROPERTIES INC
       113,633  
shares
     11,317,847  
     
BOSTON SCIENTIFIC CORP
       725,000  
shares
     3,871,500  
     
BOUYGUES ORD
       9,302  
shares
     293,126  
     
BR MALLS PARTICIPACOES SA
       43,000  
shares
     418,184  
     
BR PROPERTIES SA
       23,800  
shares
     236,314  
     
BRAMBLES LTD
       830,333  
shares
     6,079,843  
     
BRANDYWINE REALTY TRUST
       198,800  
shares
     1,888,600  
     
BRASIL FOODS SA SPON ADR
       69,406  
shares
     1,356,887  
     
BRASIL TELECOM SA SPON
       17,817  
shares
     316,964  
     
BRE PROPERTIES INC
       42,320  
shares
     2,136,314  
     
BRIDGESTONE CORP
       98,100  
shares
     2,224,186  
     
BRISTOL-MYERS SQUIBB CO
       260,036  
shares
     9,163,669  
     
BRISTOW GROUP INC
       50,289  
shares
     2,383,196  
     
BRITISH AMER TOBACCO PLC
       175,777  
shares
     8,341,761  
     
BRITISH AMERICAN TOB PLC
       11,105  
shares
     1,053,642  
     
BRITISH LAND CO PLC
       319,980  
shares
     2,298,518  
     
BRITISH SKY BROADCAST GRP
       21,979  
shares
     250,051  
     
BROADCOM CORP CL A
       71,732  
shares
     2,106,052  
     
BROOKDALE SENIOR LIVING
       220,000  
shares
     3,825,800  
     
BROOKFIELD OFFICE PPTYS
       3,800  
shares
     90,746  
     
BROOKFIELD PROP (USD)
       232,966  
shares
     3,643,588  
     
BROTHER INDUSTRIES
       74,500  
shares
     914,734  
     
BROWN & BROWN INC
       116,500  
shares
     2,636,395  
 
 
30
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
BRUKER CORP
       275,000  
shares
   $ 3,415,500  
     
BT GROUP PLC SPON ADR
       84,208  
shares
     2,495,925  
     
BUENAVENTURA SPON ADR
       34,403  
shares
     1,319,011  
     
BUFFALO WILD WINGS INC
       10,554  
shares
     712,501  
     
BURBERRY GROUP PLC
       332,982  
shares
     6,128,476  
     
C&J ENERGY SERVICES INC
       68,900  
shares
     1,442,077  
     
CABLE & WIRELESS WORLDWIDE
       772,627  
shares
     195,001  
     
CABLEVISION SYS NY GRP A
       121,000  
shares
     1,720,620  
     
CABOT CORP
       152,600  
shares
     4,904,564  
     
CABOT MICROELECTRONICS
       46,500  
shares
     2,197,125  
     
CABOT OIL & GAS CORP
       15,061  
shares
     1,143,130  
     
CADENCE DESIGN SYS INC
       200,000  
shares
     2,080,000  
     
CAIXABANK SA
       106,985  
shares
     525,537  
     
CALLEBAUT (BARRY) AG
       70  
shares
     68,983  
     
CALLOWAY REAL EST INVT TR
       38,964  
shares
     1,024,221  
     
CALTEX AUSTRALIA LTD
       12,643  
shares
     152,179  
     
CAMDEN PROPERTY TR - REIT
       14,069  
shares
     875,655  
     
CANADIAN NATL RAILWAY CO
       4,059  
shares
     319,451  
     
CANADIAN PAC RAILWAY
       77,500  
shares
     5,244,425  
     
CANADIAN REAL INVEST TR R
       7,400  
shares
     257,227  
     
CANADIAN TIRE LTD A
       3,057  
shares
     197,816  
     
CANADIAN UTIL NON VT CL A
       5,156  
shares
     311,567  
     
CANON INC
       133,600  
shares
     5,919,262  
     
CAPITACOMMERCIAL TR REIT
       1,193,000  
shares
     970,293  
     
CAPITAL & REGIONAL PLC
       299,548  
shares
     147,715  
     
CAPITAL AND COUNTIES PROP
       49,243  
shares
     141,185  
     
CAPITAL ONE FIN CORP
       325,000  
shares
     13,744,250  
     
CAPITAL SHOPPING CENTR GR
       88,143  
shares
     427,537  
     
CAPITAL SR LIVING CORP
       5,650  
shares
     44,861  
     
CAPITALAND LTD
       1,553,300  
shares
     2,646,412  
     
CAPITAMALL TRUST REIT
       776,700  
shares
     1,017,916  
     
CAPITAMALLS ASIA LTD
       93,000  
shares
     81,016  
     
CARBO CERAMICS INC
       4,283  
shares
     528,222  
     
CARDINAL HEALTH INC
       26,370  
shares
     1,070,886  
     
CARLISLE COS INC
       55,000  
shares
     2,436,500  
     
CARMAX INC
       60,000  
shares
     1,828,800  
     
CARNIVAL CORP PAIRED CTF
       120,930  
shares
     3,947,155  
     
CASTELLUM AB
       34,675  
shares
     429,853  
     
CATALYST HEALTH SOLUTIONS
       163,757  
shares
     8,515,364  
 
 
31
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
CELANESE CORP SER A
       83,275  
shares
   $ 3,686,584  
     
CELESIO AG
       4,771  
shares
     75,589  
     
CELGENE CORP
       169,168  
shares
     11,435,757  
     
CELLTRION INC
       81,841  
shares
     2,556,541  
     
CEMEX SAB DE CV SPON ADR
       250,000  
shares
     1,347,500  
     
CEMIG NON-VTG PREF SPON A
       192,086  
shares
     3,417,210  
     
CENTENE CORP
       60,941  
shares
     2,412,654  
     
CFS RETAIL PROPERTY TRUST
       418,637  
shares
     721,381  
     
CGG VERITAS SPON ADR
       7,279  
shares
     169,018  
     
CGI GROUPE CL A SUB VTG
       27,151  
shares
     511,881  
     
CHAROEN POKPHAND FDS PCL
       66,100  
shares
     69,028  
     
CHAROEN POKPHAND INDO
       1,812,000  
shares
     429,644  
     
CHEESECAKE FACTORY INC
       186,820  
shares
     5,483,167  
     
CHESAPEAKE ENERGY CORP
       114,435  
shares
     2,550,756  
     
CHEUNG KONG HLDGS LTD
       59,300  
shares
     705,498  
     
CHEVRON CORP
       376,105  
shares
     40,017,572  
     
CHICAGO BRIDGE & IRON
       149,088  
shares
     5,635,526  
     
CHILDRENS PL RETAIL STORE
       46,000  
shares
     2,443,520  
     
CHINA MERCHANTS BANK CO
       2,029,000  
shares
     4,101,576  
     
CHINA MOBILE LIMITED
       1,191,500  
shares
     11,644,072  
     
CHINA MOBILE LIMITED
       18,726  
shares
     908,024  
     
CHINA OVERSEAS LAND & INV
       2,049,200  
shares
     3,424,744  
     
CHINA PETE & CHEM SPONS A
       894  
shares
     93,915  
     
CHINA PETROL & CHEM H
       120,000  
shares
     126,233  
     
CHINA RESOURCES LAND LTD
       1,545,000  
shares
     2,482,631  
     
CHINA TELECOM CORP LTD H
       628,000  
shares
     357,397  
     
CHINA TELECOM SPON ADR H
       8,044  
shares
     459,554  
     
CHINA UNICOM (HK) SPON AD
       19,347  
shares
     408,802  
     
CHINA UNICOM (HONG KONG)
       2,124,000  
shares
     4,468,643  
     
CHIPOTLE MEXICAN GRILL
       21,825  
shares
     7,371,176  
     
CHORUS LTD
       77,119  
shares
     187,328  
     
CHORUS LTD ADR
       8,379  
shares
     100,297  
     
CHRISTIAN DIOR SA
       186  
shares
     22,056  
     
CINEMARK HOLDINGS INC
       66,300  
shares
     1,225,887  
     
CISCO SYSTEMS INC
       734,150  
shares
     13,273,432  
     
CITIGROUP INC
       246,719  
shares
     6,491,177  
     
CITIZEN HOLDINGS CO LTD
       80,000  
shares
     464,627  
     
CITRIX SYSTEMS INC
       16,578  
shares
     1,006,616  
     
CITY DEVELOPEMENT LTD
       65,000  
shares
     445,978  
 
 
32
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
CITY NATIONAL CORP
       57,400  
shares
   $ 2,535,932  
     
CITYCON OYJ
       37,935  
shares
     113,428  
     
CJ CHEILJEDANG CORP
       1,413  
shares
     352,019  
     
CLARCOR INC
       77,921  
shares
     3,895,271  
     
CLEAN HARBORS INC
       100,000  
shares
     6,373,000  
     
CME GROUP INC CL A
       2,330  
shares
     567,751  
     
CNOOC LTD
       1,653,000  
shares
     2,890,292  
     
CNOOC LTD SPON ADR
       474  
shares
     82,798  
     
CNP ASSURANCES
       44,753  
shares
     554,837  
     
COACH INC
       89,239  
shares
     5,447,149  
     
COBALT INTL ENERGY INC
       173,050  
shares
     2,685,736  
     
COCA COLA AMATIL LTD
       53,320  
shares
     627,614  
     
COCA COLA WEST COMPANY
       8,200  
shares
     142,233  
     
COCHLEAR LTD
       3,258  
shares
     206,571  
     
COFINIMMO SA
       314  
shares
     36,913  
     
COGNEX CORP
       57,300  
shares
     2,050,767  
     
COGNIZANT TECH SOLUT CL A
       61,882  
shares
     3,979,631  
     
COHERENT INC
       57,100  
shares
     2,984,617  
     
COLOPLAST AS CL B
       1,971  
shares
     283,498  
     
COLUMBIA BANKING SYS INC
       123,000  
shares
     2,370,210  
     
COMCAST CORP CL A
       1,145,706  
shares
     27,164,689  
     
COMINAR REAL ESTAT INV TR
       18,900  
shares
     408,844  
     
COMMONWEALTH PROP OFFC UN
       148,775  
shares
     145,298  
     
COMMONWEALTH REIT
       13,028  
shares
     216,786  
     
COMP CERVECERIAS UNID SPO
       121  
shares
     7,635  
     
COMPAGNIE GENE DE GEO-VER
       30,163  
shares
     707,849  
     
COMPASS GROUP PLC
       149,079  
shares
     1,414,722  
     
COMPASS MINERALS INTL INC
       33,200  
shares
     2,285,820  
     
COMPLETE PRODUCTION SERVC
       116,519  
shares
     3,910,378  
     
COMPUTER SCIENCES CORP
       112,300  
shares
     2,661,510  
     
COMPUWARE CORP
       165,800  
shares
     1,379,456  
     
CONCHO RESOURCES INC
       59,651  
shares
     5,592,281  
     
CONOCOPHILLIPS
       108,687  
shares
     7,920,022  
     
CONSOL ENERGY INC
       33,852  
shares
     1,242,368  
     
CONTINENTAL AG
       9,427  
shares
     586,870  
     
CONWERT IMMOBIL INVEST AG
       2,824  
shares
     31,268  
     
COOPER COMPANIES INC
       16,807  
shares
     1,185,230  
     
COOPER INDU PLC CL A
       26,723  
shares
     1,447,050  
     
COPEL (CIA PARANA) PN B SP
       4,190  
shares
     87,906  
 
 
33
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
CORE LABORATORIES NV
       45,455  
shares
   $ 5,179,597  
     
CORESITE REALTY CORP
       6,110  
shares
     108,880  
     
CORIO NV
       24,381  
shares
     1,060,532  
     
CORNING INC
       181,200  
shares
     2,351,976  
     
CORPORATE EXECUTIVE BRD C
       182,000  
shares
     6,934,200  
     
COSTAR GROUP INC
       134,500  
shares
     8,975,185  
     
COSTCO WHOLESALE CORP
       123,337  
shares
     10,276,439  
     
COUSINS PROPERTIES INC
       73,582  
shares
     471,661  
     
COVANCE INC
       13,642  
shares
     623,712  
     
COVIDIEN PLC
       309,771  
shares
     13,942,793  
     
CPFL ENERGIA SA ADR
       15,842  
shares
     446,903  
     
CREDIT AGRICOLE SA
       221,720  
shares
     1,251,295  
     
CREDIT SUISSE GRP SPON AD
       50,000  
shares
     1,174,000  
     
CREXUS INVT CO
       5,920  
shares
     61,450  
     
CROCS INC
       28,155  
shares
     415,849  
     
CROWN HOLDINGS INC
       20,237  
shares
     679,558  
     
CROWN LTD
       21,593  
shares
     178,644  
     
CTRIP.COM INTL LTD ADR
       86,900  
shares
     2,033,460  
     
CVB FINANCIAL CORP
       263,600  
shares
     2,643,908  
     
CVS CAREMARK CORP
       122,205  
shares
     4,983,520  
     
CVS CAREMARK CORP
       201,608  
shares
     8,221,574  
     
DAIHATSU MOTOR CO
       44,000  
shares
     785,500  
     
DAINIPPON SUMITOMO PHAR C
       18,000  
shares
     205,106  
     
DANAHER CORP
       40,250  
shares
     1,893,360  
     
DAVITA INC
       264,000  
shares
     20,013,840  
     
DCT INDU TR INC REIT
       112,540  
shares
     576,205  
     
DDR CORP
       91,197  
shares
     1,109,867  
     
DECKERS OUTDOOR CORP
       26,200  
shares
     1,979,934  
     
DEERE & CO
       35,040  
shares
     2,710,344  
     
DELHAIZE GROUP
       8,034  
shares
     451,378  
     
DELL INC
       229,500  
shares
     3,357,585  
     
DELTA LLOYD NV
       36,854  
shares
     620,150  
     
DENBURY RESOURCES INC
       245,000  
shares
     3,699,500  
     
DENSO CORP
       65,000  
shares
     1,795,491  
     
DERWENT LONDON PLC
       58,874  
shares
     1,426,466  
     
DEUTSCHE EUROSHOP AG
       3,188  
shares
     102,338  
     
DEVELOPMENT SECURITIES PL
       30,695  
shares
     71,511  
     
DEXUS PROPERTY GRP STAPLE
       2,071,023  
shares
     1,757,883  
     
DIA SA (DISTRIBUIDORA INTL)
       290,211  
shares
     1,312,894  
 
 
34
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
DIAGEO PLC SPON ADR
       1,636  
shares
   $ 143,019  
     
DICKS SPORTING GOODS INC
       29,155  
shares
     1,075,236  
     
DIGITAL REALTY TRUST INC
       1,450  
shares
     96,672  
     
DIODES INC
       110,600  
shares
     2,355,780  
     
DISH NETWORK CORP A
       97,500  
shares
     2,776,800  
     
DISNEY (WALT) CO
       458,142  
shares
     17,180,325  
     
DOLE FOOD CO INC
       223,500  
shares
     1,933,275  
     
DOLLAR GENERAL CORP
       51,300  
shares
     2,110,482  
     
DOMINION RESOURCES INC VA
       38,550  
shares
     2,046,234  
     
DOMTAR CORP
       11,700  
shares
     935,532  
     
DOUGLAS EMMETT INC REIT
       6,330  
shares
     115,459  
     
DOVER CORP
       16,530  
shares
     959,567  
     
DOW CHEMICAL CO
       262,815  
shares
     7,558,559  
     
DRIL-QUIP INC
       80,000  
shares
     5,265,600  
     
DSW INC CL A
       19,232  
shares
     850,247  
     
DUKE REALTY CORP REIT
       148,800  
shares
     1,793,040  
     
DUNKIN BRANDS GROUP INC
       204,164  
shares
     5,100,017  
     
DUPONT (EI) DE NEMOURS &
       85,460  
shares
     3,912,359  
     
DUPONT FABROS TECH INC
       97,200  
shares
     2,354,184  
     
E.ON AG
       192,851  
shares
     4,161,271  
     
EBAY INC
       450,105  
shares
     13,651,685  
     
EDENRED
       42,111  
shares
     1,036,751  
     
EDP RENOVAVEIS SA
       30,049  
shares
     183,898  
     
EIFFAGE SA
       4,897  
shares
     118,565  
     
EL PASO CORP
       152,610  
shares
     4,054,848  
     
ELAN CORP PLC ADR
       109,160  
shares
     1,499,858  
     
ELETROBRAS (ON) SPON ADR
       74,321  
shares
     721,657  
     
ELPIDA MEMORY INC
       72,400  
shares
     336,766  
     
ELSTER GROUP SE ADR
       68,500  
shares
     890,500  
     
E-MART CO LTD
       2,709  
shares
     650,412  
     
EMC CORP
       682,316  
shares
     14,697,087  
     
EMCOR GROUP INC
       94,500  
shares
     2,533,545  
     
EMPIRE CO NON-VTG CL A
       3,900  
shares
     226,364  
     
ENI SPA SPON ADR
       867  
shares
     35,781  
     
ENSCO PLC SPON ADR
       60,590  
shares
     2,842,883  
     
ENTERGY CORP
       97,000  
shares
     7,085,850  
     
ENTERTAINMENT PPTYS TR RE
       76,200  
shares
     3,330,702  
     
EOG RESOURCES INC
       59,752  
shares
     5,886,170  
     
EQT CORPORATION
       33,800  
shares
     1,851,902  
 
 
35
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
EQUINIX INC
       18,036  
shares
   $ 1,828,850  
     
EQUITY LIFESTYLE PPTYS
       16,620  
shares
     1,108,388  
     
EQUITY RESIDENTIAL REIT
       146,880  
shares
     8,376,566  
     
ERAMET SA
       2,160  
shares
     264,213  
     
EREGLI DEMIR VE CELIK FAB
       135,544  
shares
     235,854  
     
ERSTE GROUP BANK AG
       38,489  
shares
     676,807  
     
ESSEX PROPERTY TRUST INC
       12,400  
shares
     1,742,324  
     
ESSILOR INTL SA (FRAN)
       31,794  
shares
     2,244,959  
     
ESTEE LAUDER COS INC CL A
       82,751  
shares
     9,294,592  
     
ESTERLINE TECH CORP
       13,380  
shares
     748,879  
     
EURASIAN NATURAL RESOURCE
       76,846  
shares
     758,491  
     
EURAZEO
       5,980  
shares
     212,825  
     
EUROCOMMERCIAL CVA
       16,739  
shares
     531,491  
     
EXELIXIS INC
       34,180  
shares
     161,842  
     
EXELON CORP
       197,200  
shares
     8,552,564  
     
EXOR SPA
       28,826  
shares
     580,207  
     
EXPERIAN PLC
       12,547  
shares
     170,612  
     
EXPRESS INC
       98,000  
shares
     1,954,120  
     
EXPRESS SCRIPTS INC
       104,650  
shares
     4,676,809  
     
EXTENDICARE REAL ESTATE I
       18,990  
shares
     158,499  
     
EXXARO RESOURCES LTD
       22,611  
shares
     470,561  
     
EXXON MOBIL CORP
       422,080  
shares
     35,775,501  
     
F5 NETWORKS INC
       9,600  
shares
     1,018,752  
     
FABEGE AB
       9,290  
shares
     72,771  
     
FACTSET RESEARCH SYS INC
       7,255  
shares
     633,216  
     
FAIRFAX MEDIA LTD
       204,887  
shares
     150,860  
     
FEDERAL REALTY INVESTMENT
       25,780  
shares
     2,339,535  
     
FEDEX CORP
       163,199  
shares
     13,628,748  
     
FERROVIAL SA
       18,476  
shares
     223,010  
     
FIAT SPA
       86,718  
shares
     398,480  
     
FIFTH THIRD BANCORP
       543,691  
shares
     6,915,750  
     
FINMECCANICA SPA
       19,937  
shares
     73,755  
     
FIRST FINANCIAL BANCORP
       123,100  
shares
     2,048,384  
     
FIRSTENERGY CORP
       14,100  
shares
     624,630  
     
FIRSTRAND LIMITED
       30,112  
shares
     77,363  
     
FLEETCOR TECHNOLOGIES INC
       223,861  
shares
     6,686,728  
     
FOMENTO ECONO MEX
       12,137  
shares
     846,070  
     
FOMENTO ECONO MEXI
       90,100  
shares
     626,420  
     
FONCIERE DES REGIONS
       5,307  
shares
     340,721  
 
 
36
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
FOREST CITY ENTERPRI CL A
       163,910  
shares
   $ 1,937,416  
     
FOREST LABORATORIES INC
       67,370  
shares
     2,038,616  
     
FORTESCUE METALS GROUP
       1,684,939  
shares
     7,357,649  
     
FORTINET INC
       26,087  
shares
     568,957  
     
FOSSIL INC
       34,477  
shares
     2,736,095  
     
FRAPORT AG FRANKFURT AIRP
       1,658  
shares
     81,552  
     
FREEPORT MCMORAN COPPER
       150,602  
shares
     5,540,648  
     
FRESENIUS SE & CO KGAA
       16,774  
shares
     1,551,993  
     
FRESNILLO PLC
       16,991  
shares
     402,969  
     
FRONTIER REAL ESTATE INV
       74  
shares
     599,961  
     
FTI CONSULTING INC
       55,700  
shares
     2,362,794  
     
FUJI ELECTRIC CO LTD
       84,000  
shares
     230,286  
     
FUJI HEAVY INDUSTRIES LTD
       171,000  
shares
     1,033,132  
     
FUJIFILM HOLDINGS CORP
       52,600  
shares
     1,245,888  
     
FURUKAWA ELECTRIC CO LTD
       21,000  
shares
     48,295  
     
GARDNER DENVER INC
       60,000  
shares
     4,623,600  
     
GATX CORP
       88,900  
shares
     3,881,374  
     
GAYLORD ENTERTAINMENT CO
       81,500  
shares
     1,967,410  
     
GAZPROM O A O SPON ADR
       879,277  
shares
     9,391,558  
     
GBL (GROUPE BRUXELLES LAM)
       21,306  
shares
     1,420,568  
     
GEBERIT AG (REG)
       26,165  
shares
     5,042,714  
     
GECINA SA
       7,230  
shares
     608,303  
     
GEN PROBE INC
       63,000  
shares
     3,724,560  
     
GENERAL DYNAMICS CORPORAT
       67,923  
shares
     4,510,766  
     
GENERAL ELECTRIC CO
       1,913,216  
shares
     34,265,699  
     
GENERAL GROWTH PPTYS NEW
       343,476  
shares
     5,159,010  
     
GENERAL MILLS INC
       108,740  
shares
     4,394,183  
     
GENERAL MOTORS CO
       248,000  
shares
     5,026,960  
     
GENERALI SPA
       134,085  
shares
     2,018,498  
     
GENESCO INC
       52,900  
shares
     3,266,046  
     
GENESEE & WYOMING CL A
       68,100  
shares
     4,125,498  
     
GENTEX CORP
       203,346  
shares
     6,017,008  
     
GENWORTH FINANCIAL INC A
       175,000  
shares
     1,146,250  
     
GEORESOURCES INC.
       123,500  
shares
     3,619,785  
     
GETINGE AB SER B
       32,313  
shares
     818,990  
     
GKN PLC
       44,895  
shares
     127,603  
     
GLAXOSMITHKLINE PLC
       35,311  
shares
     807,019  
     
GLAXOSMITHKLINE PLC SPONS
       445,941  
shares
     20,348,288  
     
GLOBAL LOGISTIC PROPERTIE
       804,600  
shares
     1,088,597  
 
 
37
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
GLOBAL PAYMENTS INC
       235,000  
shares
   $ 11,134,300  
     
GLOBE TELECOM INC
       3,310  
shares
     85,544  
     
GOLDMAN SACHS GROUP INC
       182,242  
shares
     16,480,144  
     
GOODMAN GROUP (STAPLE)
       3,466,957  
shares
     2,020,926  
     
GOOGLE INC A
       35,912  
shares
     23,195,561  
     
GPT GROUP REIT STAPLED
       844,480  
shares
     2,651,275  
     
GRACO INC
       85,000  
shares
     3,475,650  
     
GRAINGER PLC
       171,087  
shares
     284,324  
     
GRAND CANYON EDUCATION
       212,400  
shares
     3,389,904  
     
GREAT EAGLE HOLDINGS LTD
       73,600  
shares
     144,422  
     
GREAT PORTLAND ESTATES PL
       168,434  
shares
     844,979  
     
GREE INC
       164,900  
shares
     5,681,996  
     
GREEK ORG OF FOOTBL PROGN
       86,763  
shares
     767,050  
     
GREEN DOT CORP CLASS-A
       128,900  
shares
     4,024,258  
     
GREEN MTN COFFEE ROASTERS
       80,896  
shares
     3,628,186  
     
GREIF INC CL A
       54,500  
shares
     2,482,475  
     
GRUPA LOTOS SA
       64,615  
shares
     436,335  
     
GSW IMMOBILIEN GMBH
       26,090  
shares
     756,468  
     
GUANGZHOU R&F PROPERTIES
       1,116,600  
shares
     882,745  
     
GUDANG GARAM PT
       200,500  
shares
     1,372,046  
     
GULFMARK OFFSHORE CLASS A
       112,646  
shares
     4,732,258  
     
H&R REIT / H&R FIN TR
       30,673  
shares
     700,564  
     
HAEMONETICS CORP MASS
       124,996  
shares
     7,652,255  
     
HAMMERSON PLC
       416,250  
shares
     2,327,395  
     
HANESBRANDS INC
       197,700  
shares
     4,321,722  
     
HANG LUNG PROPERTIES LTD
       819,998  
shares
     2,333,319  
     
HANKOOK TIRE CO LTD
       38,110  
shares
     1,483,996  
     
HANNOVER RUECKVERSICHERUN
       32,877  
shares
     1,630,958  
     
HARLEY-DAVIDSON INC
       105,431  
shares
     4,098,103  
     
HARMONY GOLD MNG SPON ADR
       8,816  
shares
     102,618  
     
HARTFORD FINL SVCS GROUP
       176,725  
shares
     2,871,781  
     
HCP INC REIT
       117,940  
shares
     4,886,254  
     
HEALTH CARE REIT INC
       55,550  
shares
     3,029,142  
     
HEALTHCARE REALTY TR INC
       75,850  
shares
     1,410,052  
 
 
38
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
HEALTHSOUTH CORP
       25,887  
shares
   $ 457,423  
     
HEALTHSPRING INC
       53,300  
shares
     2,906,982  
     
HEARTLAND EXPRESS INC
       175,066  
shares
     2,501,693  
     
HEICO CORP
       7,512  
shares
     439,302  
     
HEIDELBERGCEMENT AG
       74,643  
shares
     3,168,101  
     
HEINEKEN HOLDING NV
       30,314  
shares
     1,240,720  
     
HELMERICH & PAYNE INC
       14,916  
shares
     870,498  
     
HENDERSON LAND DEVMT CO
       216,218  
shares
     1,074,603  
     
HENRY (JACK) & ASSOC INC
       326,000  
shares
     10,956,860  
     
HENRY SCHEIN INC
       10,536  
shares
     678,834  
     
HERBALIFE LTD
       87,470  
shares
     4,519,575  
     
HESS CORP
       60,919  
shares
     3,460,199  
     
HEXCEL CORPORATION
       106,036  
shares
     2,567,132  
     
HIGHWOODS PROPERTIES INC
       12,600  
shares
     373,842  
     
HINDUSTAN UNILEVER LTD
       12,289  
shares
     94,436  
     
HINO MOTORS LTD
       227,000  
shares
     1,377,366  
     
HISOFT TECH INTL LTD ADR
       22,390  
shares
     206,660  
     
HITTITE MICROWAVE CORP
       67,323  
shares
     3,324,410  
     
HOLOGIC INC
       282,000  
shares
     4,937,820  
     
HOME DEPOT INC
       190,000  
shares
     7,987,600  
     
HOME RETAIL GROUP PLC
       570,736  
shares
     739,290  
     
HONEYWELL INTL INC
       131,825  
shares
     7,164,689  
     
HONG KONG EXCHS & CLEARIN
       291,500  
shares
     4,657,785  
     
HONG KONG LAND HLDGS LTD
       1,073,856  
shares
     4,875,306  
     
HOST HOTELS & RESORTS INC
       422,017  
shares
     6,233,191  
     
HOUSING DEV FN LTD
       379,967  
shares
     4,673,347  
     
HOYA CORP
       121,600  
shares
     2,619,539  
     
HSBC HLDGS PLC SPON ADR
       65,200  
shares
     2,484,120  
     
HUB GROUP INC CL A
       70,496  
shares
     2,286,185  
     
HUDSON PACIFIC PROPERTIES
       16,290  
shares
     230,666  
     
HUFVUDSTADEN (FASTIG) AB
       70,128  
shares
     713,928  
     
HUMAN GENOME SCIENCES INC
       29,530  
shares
     218,227  
     
HUMANA INC
       29,847  
shares
     2,614,896  
     
HUNT J B TRANSPORT SVCS I
       41,862  
shares
     1,886,720  
     
HYNIX SEMICONDUCTOR INC
       64,520  
shares
     1,218,720  
     
HYSAN DEVELOPMENT CO LTD
       373,383  
shares
     1,225,925  
     
HYUNDAI DEPT STORES CO
       5,305  
shares
     744,129  
     
HYUNDAI HYSCO CO LTD
       5,614  
shares
     169,814  
     
HYUNDAI MOBIS
       8,516  
shares
     2,139,901  
 
 
39
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
HYUNDAI MOTOR CO
       25,198  
shares
   $ 4,618,712  
     
HYUNDAI WIA CORP
       2,202  
shares
     270,027  
     
IAC/INTERACTIVECORP
       20,914  
shares
     890,936  
     
IBERIABANK CORP
       51,300  
shares
     2,529,090  
     
ICADE REIT
       12,482  
shares
     982,166  
     
IDEXX LABS INC
       7,273  
shares
     559,730  
     
IGUATEMI EMP DE SHP CNT S
       10,200  
shares
     189,745  
     
IHS INC CL A
       99,024  
shares
     8,531,908  
     
II-VI INC.
       95,750  
shares
     1,757,970  
     
ILLINOIS TOOL WORKS INC
       171,630  
shares
     8,016,837  
     
ILLUMINA INC
       92,879  
shares
     2,830,952  
     
IMERYS
       14,503  
shares
     668,120  
     
IMMOFINANZ AG
       220,849  
shares
     663,211  
     
IMMUNOGEN INC
       22,650  
shares
     262,287  
     
IMPALA PLATINUM HLDGS LTD
       71,536  
shares
     1,482,986  
     
IMPAX LABORATORIES INC
       35,236  
shares
     710,710  
     
IMPERIAL HLDGS LTD
       14,277  
shares
     218,419  
     
IMPERIAL TOBACCO GROUP PL
       13,054  
shares
     493,692  
     
INCYTE CORP
       16,820  
shares
     252,468  
     
INDITEX SA
       142,276  
shares
     11,653,775  
     
INDITEX SA UNSPN ADR
       227,308  
shares
     3,689,209  
     
INDO TAMBANGRAYA MEGAH PT
       105,500  
shares
     449,691  
     
INDRA SISTEMAS SA
       9,831  
shares
     125,178  
     
INDUSTRIAL ALLIANCE INSUR
       1,035  
shares
     26,719  
     
INDUSTRIVARDEN AB SER C
       56,308  
shares
     671,843  
     
INFINEON TECH AG SPONS AD
       12,243  
shares
     91,945  
     
INFINEON TECHNOLOGIES AG
       341,290  
shares
     2,569,310  
     
INFORMATICA CORP
       145,888  
shares
     5,387,644  
     
INGERSOLL RAND PLC
       100,945  
shares
     3,075,794  
     
INMARSAT PLC
       164,543  
shares
     1,034,251  
     
INSURANCE AUSTRALIA GROUP
       73,945  
shares
     225,347  
     
INTERNATIONAL PAPER CO
       217,000  
shares
     6,423,200  
     
INTESA SANPAOLO SPA
       2,167,552  
shares
     3,630,549  
     
INTL BUS MACH CORP
       154,990  
shares
     28,499,561  
     
INTUIT INC
       15,810  
shares
     831,448  
     
INVACARE CORP
       52,060  
shares
     795,997  
     
INVESCO LTD
       73,310  
shares
     1,472,798  
     
INVESTA OFFC FUND STPL UN
       1,226,000  
shares
     752,261  
     
INVESTOR AB SER B
       49,737  
shares
     928,110  
 
 
40
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
IPG PHOTONICS CORP
       7,148  
shares
   $ 242,103  
     
ISHRS MSCI EAFE ETF
       37,281  
shares
     1,846,528  
     
ISHRS MSCI EMERGING MARKE
       11,467  
shares
     435,058  
     
ISRAEL CHEMICAL LTD
       45,926  
shares
     476,005  
     
ISUZU MOTORS LTD
       404,000  
shares
     1,868,694  
     
ITAU UNIBANCO HLDG SA SPO
       398,700  
shares
     7,399,872  
     
ITC LTD (DEMAT)
       86,824  
shares
     329,674  
     
ITV PLC
       1,701,388  
shares
     1,800,871  
     
JAMES HARDIE INDU SE CDI
       375,701  
shares
     2,620,316  
     
JAPAN PETROLEUM EXPLRN CO
       5,300  
shares
     207,276  
     
JAPAN REAL ESTATE INVESTM
       172  
shares
     1,340,869  
     
JAPAN RETAIL FUND INVEST
       372  
shares
     551,004  
     
JAPAN TOBACCO INC
       976  
shares
     4,590,554  
     
JARDEN CORP
       240,000  
shares
     7,171,200  
     
JERONIMO MARTINS & FILHO
       54,841  
shares
     907,913  
     
JETBLUE AIRWAYS CORP
       210,735  
shares
     1,095,822  
     
JGC CORP
       9,000  
shares
     216,098  
     
JOHNSON & JOHNSON
       422,657  
shares
     27,717,846  
     
JOHNSON CONTROLS INC
       65,124  
shares
     2,035,776  
     
JONES LANG LASALLE INC
       88,000  
shares
     5,390,880  
     
JOS A BANKS CLOTHIERS INC
       129,900  
shares
     6,333,924  
     
JOY GLOBAL INC
       8,561  
shares
     641,818  
     
JPMORGAN CHASE & CO
       669,998  
shares
     22,277,434  
     
JTEKT CORPORATION
       36,100  
shares
     355,067  
     
JUNIPER NETWORKS INC
       93,558  
shares
     1,909,519  
     
KABEL DEUTSCHLAND HLDGS A
       10,841  
shares
     550,288  
     
KANGWON LAND INC
       32,640  
shares
     764,002  
     
KANSAS CITY SOUTHERN
       136,810  
shares
     9,304,448  
     
KAO CORP
       42,000  
shares
     1,147,613  
     
KAO CORP SPON ADR
       8,959  
shares
     243,685  
     
KAWASAKI KISEN KAISHA LTD
       33,000  
shares
     59,599  
     
KBC GROUPE SA
       48,016  
shares
     604,800  
     
KBR INC
       12,697  
shares
     353,865  
     
KDDI CORP
       339  
shares
     2,180,277  
     
KELLOGG CO
       80,600  
shares
     4,075,942  
     
KENEDIX REALTY INV REIT
       107  
shares
     311,414  
     
KENNAMETAL INC
       56,200  
shares
     2,052,424  
     
KEPPEL LAND LTD
       83,421  
shares
     142,770  
     
KERRY PROPERTIES LTD
       650,500  
shares
     2,152,531  
 
 
41
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
KEY ENERGY SERVICES INC
       180,600  
shares
   $ 2,793,882  
     
KEYCORP
       902,721  
shares
     6,941,924  
     
KIA MOTORS CORP
       26,933  
shares
     1,545,915  
     
KIKKOMAN CORP
       19,000  
shares
     218,229  
     
KIMBERLY CLARK CORP
       43,000  
shares
     3,163,080  
     
KIMCO REALTY CORPORATION
       54,100  
shares
     878,584  
     
KINGFISHER PLC
       484,306  
shares
     1,885,765  
     
KINGFISHER PLC SPON ADR
       25,800  
shares
     198,402  
     
KINNEVIK INVESTMENT AB B
       44,999  
shares
     876,973  
     
KIRBY CORP
       55,750  
shares
     3,670,580  
     
KIRIN HOLDINGS CO LTD
       122,000  
shares
     1,483,687  
     
KITE REALTY GROUP TRUST
       5,360  
shares
     24,174  
     
KLEPIERRE SA
       37,343  
shares
     1,065,343  
     
KNIGHT TRANSPORTATION INC
       145,100  
shares
     2,269,364  
     
KOHLS CORP
       142,051  
shares
     7,010,217  
     
KOITO MFG CO LTD
       48,000  
shares
     673,553  
     
KONICA MINOLTA HLDGS INC
       113,500  
shares
     846,476  
     
KOPPERS HLDGS INC
       82,200  
shares
     2,824,392  
     
KORN/FERRY INTL
       111,000  
shares
     1,893,660  
     
KRAFT FOODS INC CL A
       304,937  
shares
     11,392,446  
     
KRUNG THAI BANK
       268,000  
shares
     126,367  
     
KT & G CORP
       17,426  
shares
     1,220,667  
     
KT CORP SPON ADR
       20,556  
shares
     321,496  
     
KUALA LUMPUR KEPONG BHD
       39,500  
shares
     282,855  
     
KUMBA IRON ORE LTD
       12,382  
shares
     766,915  
     
KYOCERA CORP
       23,900  
shares
     1,922,185  
     
LAGARDERE SCA (REG)
       30,285  
shares
     799,698  
     
LAM RESEARCH CORP
       26,793  
shares
     991,877  
     
LAMAR ADVERTISING CO CL A
       151,200  
shares
     4,158,000  
     
LAND SECURITIES GROUP PLC
       250,678  
shares
     2,474,259  
     
LAREDO PETROLEUM INC
       153,100  
shares
     3,414,130  
     
LAS VEGAS SANDS CORP
       33,900  
shares
     1,448,547  
     
LASALLE HOTEL PPTYS REIT
       36,842  
shares
     891,945  
     
LAZARD LTD CL A
       200,000  
shares
     5,222,000  
     
LEAP WIRELESS INTL INC
       190,470  
shares
     1,769,466  
     
LEGAL & GEN GROUP PLC ORD
       308,880  
shares
     493,170  
     
LEGG MASON INC
       21,600  
shares
     519,480  
     
LEXINGTON REALTY TR REIT
       2,820  
shares
     21,122  
     
LG DISPLAY CO LTD
       26,800  
shares
     565,036  
 
 
42
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
LG DISPLAY CO LTD ADR
       36,546  
shares
   $ 384,829  
     
LG HOUSEHOLD & HEALTHCARE
       2,585  
shares
     1,084,452  
     
LI & FUNG LTD
       772,000  
shares
     1,429,372  
     
LIBERTY GLOBAL INC CL A
       6,000  
shares
     246,180  
     
LIBERTY GLOBAL INC CL C
       15,000  
shares
     592,800  
     
LIBERTY HOLDINGS LTD
       35,124  
shares
     345,819  
     
LIBERTY INTERACTIVE CORP
       250,000  
shares
     4,053,750  
     
LIBERTY MEDIA LIB CAP A
       23,266  
shares
     1,815,911  
     
LIBERTY PROPERTY TR - REIT
       58,220  
shares
     1,797,834  
     
LIFE HEALTHCARE GROUP HLD
       49,105  
shares
     125,552  
     
LIFEPOINT HOSPITALS INC
       12,408  
shares
     460,957  
     
LILLY (ELI) & CO
       54,310  
shares
     2,257,124  
     
LINDT & SPRUENGLI AG
       19  
shares
     635,053  
     
LINDT & SPRUENGLI AG PART
       176  
shares
     523,605  
     
LINEAR TECHNOLOGY CORP
       128,400  
shares
     3,855,852  
     
LINK REAL ESTATE INVESTMENT
       675,500  
shares
     2,487,485  
     
LINKEDIN CORP
       45,945  
shares
     2,894,994  
     
LITTELFUSE INC
       72,018  
shares
     3,095,334  
     
LKQ CORP
       42,482  
shares
     1,277,859  
     
LLOYDS BANKING GROUP PLC
       1,099,516  
shares
     615,668  
     
LOCKHEED MARTIN CORP
       57,374  
shares
     4,641,557  
     
LONDON & STAMFORD PROPERTY
       32,300  
shares
     54,180  
     
LONGFOR PROPERTIES C REGS
       761,000  
shares
     860,297  
     
L'OREAL SA ORD
       82,132  
shares
     8,579,351  
     
LORILLARD INC
       67,560  
shares
     7,701,840  
     
LOTTE SHOPPING CO LTD
       3,719  
shares
     1,086,529  
     
LOWES COS INC
       658,073  
shares
     16,701,893  
     
LPL INVESTMENT HLDGS INC
       14,990  
shares
     457,795  
     
LUFKIN INDUSTRIES INC
       23,700  
shares
     1,595,247  
     
LUFTHANSA AG (REGD)
       41,556  
shares
     494,062  
     
LUKOIL OIL CO SPONS ADR
       73,922  
shares
     3,932,650  
     
LULULEMON ATHLETICA INC
       105,704  
shares
     4,932,149  
     
LVMH
         10,614  
shares
     1,503,021  
     
LXB RETAIL PROPERTIES
       253,053  
shares
     409,733  
     
LYONDELLBASELL INDS CLASS
       23,350  
shares
     758,642  
     
MACERICH COMPANY
       49,088  
shares
     2,483,853  
     
MACK CALI REALTY REIT
       32,890  
shares
     877,834  
     
MACYS INC
       70,124  
shares
     2,256,590  
     
MADISON SQUARE GARDEN CO
       41,000  
shares
     1,174,240  
 
 
43
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
MAGELLAN HLTH SVCS INC
       88,000  
shares
   $ 4,353,360  
     
MAGYAR TELEKOM CO
       46,848  
shares
     99,840  
     
MANDO CORP
       4,567  
shares
     809,605  
     
MANITOWOC CO INC
       460,000  
shares
     4,227,400  
     
MANPOWER INC
       3,460  
shares
     123,695  
     
MARRIOTT INTL INC A
       71,960  
shares
     2,099,073  
     
MARSH & MCLENNAN COS INC
       349,860  
shares
     11,062,573  
     
MASIMO CORP
       26,339  
shares
     492,144  
     
MASTERCARD INC CL A
       39,360  
shares
     14,674,195  
     
MAXIM INTEGRATED PRODUCTS
       287,770  
shares
     7,493,531  
     
MAXIMUS INC
       97,400  
shares
     4,027,490  
     
MCDONALDS CORP
       97,290  
shares
     9,761,106  
     
MCGRAW-HILL COS INC
       65,000  
shares
     2,923,050  
     
MCKESSON CORP
       38,935  
shares
     3,033,426  
     
MEAD JOHNSON NUTRITION CO
       89,754  
shares
     6,168,792  
     
MEDIASET SPA
       56,058  
shares
     155,136  
     
MEDICIS PHARMACEUTIC CL A
       30,397  
shares
     1,010,700  
     
MEDIOBANCA SPA
       77,739  
shares
     447,380  
     
MEDNAX INC
       157,140  
shares
     11,315,651  
     
MEDTRONIC INC
       171,928  
shares
     6,576,246  
     
MEGGITT PLC ORD
       926,124  
shares
     5,074,709  
     
MEIJI HOLDINGS CO LTD
       13,600  
shares
     564,568  
     
MENS WEARHOUSE INC
       62,200  
shares
     2,015,902  
     
MERCIALYS
       19,487  
shares
     628,077  
     
MERCK & CO INC NEW
       1,037,202  
shares
     39,102,515  
     
MERCK KGAA
       5,451  
shares
     543,506  
     
METCASH LTD
       97,957  
shares
     404,710  
     
METLIFE INC
       210,208  
shares
     6,554,285  
     
METRIC PROPERTY INVESTMENT
       118,695  
shares
     156,698  
     
METRO AG
       1,698  
shares
     61,981  
     
METRO INC
       24,513  
shares
     1,299,786  
     
MICHAEL KORS HOLDINGS LTD
       100,100  
shares
     2,727,725  
     
MICHELIN CL B (REG)
       5,482  
shares
     324,105  
     
MICROS SYSTEMS INC
       128,164  
shares
     5,969,879  
     
MICROSEMI CORP
       48,798  
shares
     817,367  
     
MICROSOFT CORP
       1,238,588  
shares
     32,153,744  
     
MIDDLEBY CORP
       10,930  
shares
     1,027,857  
     
MILLICOM INTL CELL SA SDR
       16,481  
shares
     1,651,477  
     
MIRACA HOLDINGS INC
       15,400  
shares
     613,279  
 
 
44
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
MIRVAC GROUP STAPLED
       1,053,575  
shares
   $ 1,271,377  
     
MITSUBISHI CHEMICAL HLDGS
       162,000  
shares
     892,458  
     
MITSUBISHI ELECTRIC ORD
       171,000  
shares
     1,639,680  
     
MITSUBISHI ESTATE CO LTD
       489,630  
shares
     7,315,981  
     
MITSUI CHEMICALS INC
       177,000  
shares
     540,440  
     
MITSUI FUDOSAN CO
       457,899  
shares
     6,675,277  
     
MITSUI OSK LINES LTD
       330,000  
shares
     1,277,724  
     
MMI HOLDINGS LTD
       86,479  
shares
     183,186  
     
MOBISTAR SA
       304  
shares
     15,933  
     
MOHAWK INDUSTRIES INC
       62,400  
shares
     3,734,640  
     
MOLEX INC
       25,000  
shares
     596,500  
     
MOLEX INC CLASS A
       115,000  
shares
     2,274,700  
     
MONEYGRAM INTL INC
       155,000  
shares
     2,751,250  
     
MONSANTO CO NEW
       204,335  
shares
     14,317,753  
     
MOOG INC CL A
       61,800  
shares
     2,714,874  
     
MORGAN STANLEY
       629,780  
shares
     9,528,571  
     
MORRISON SUPERMARKET
       86,976  
shares
     440,653  
     
MSC INDU DIRECT CO CL A
       16,622  
shares
     1,189,304  
     
MUNICH REINSURANCE
       25,421  
shares
     3,118,730  
     
MURPHY OIL CORP
       123,200  
shares
     6,867,168  
     
MYRIAD GENETICS INC
       183,900  
shares
     3,850,866  
     
NASDAQ OMX GROUP
       283,450  
shares
     6,947,360  
     
NATIONAL INSTRUMENT CORP
       189,858  
shares
     4,926,815  
     
NATIONAL OILWELL VARCO
       97,987  
shares
     6,662,136  
     
NATIXIS
       579,954  
shares
     1,459,346  
     
NAVIGATORS GROUP INC
       59,000  
shares
     2,813,120  
     
NCSOFT CORPORATION
       3,501  
shares
     926,430  
     
NEC CORP
       200,000  
shares
     405,379  
     
NESTE OIL OYJ
       33,620  
shares
     339,656  
     
NESTLE SA (REG)
       51,350  
shares
     2,952,563  
     
NESTLE SA REG ADR
       69,525  
shares
     4,012,288  
     
NETAPP INC
       215,036  
shares
     7,799,356  
     
NEUSTAR INC CL A
       174,000  
shares
     5,945,580  
     
NEW JERSEY RESOURCES CORP
       48,850  
shares
     2,403,420  
     
NEW WORLD DEVELOPMENT CO
       439,273  
shares
     354,061  
     
NEWFIELD EXPLORATION CO
       116,051  
shares
     4,378,604  
     
NEWMONT MINING CORP
       3,800  
shares
     228,038  
     
NEWS CORP LTD CL A
       623,900  
shares
     11,130,376  
     
NEXT PLC
       48,270  
shares
     2,051,944  
 
 
45
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
NEXTERA ENERGY
       87,410  
shares
   $ 5,321,521  
     
NHK SPRING CO
       87,100  
shares
     771,808  
     
NHN CORP
       442  
shares
     80,256  
     
NICE SYSTEMS LTD SPON ADR
       248,928  
shares
     8,575,570  
     
NIKE INC CL B
       114,903  
shares
     11,073,202  
     
NINTENDO CO LTD
       10,900  
shares
     1,501,202  
     
NIPPON ACCOMMDTN FUND
       59  
shares
     397,090  
     
NIPPON BUILDING FUND INC
       135  
shares
     1,105,048  
     
NIPPON ELECTRIC GLASS CO
       51,000  
shares
     504,931  
     
NIPPON MEAT PACKERS INC
       61,000  
shares
     757,695  
     
NIPPON TELEG & TELEPH SPO
       26,800  
shares
     678,844  
     
NIPPON TELEGRAPH & TELEPH
       136,000  
shares
     6,953,290  
     
NIPPON YUSEN KK
       292,000  
shares
     747,405  
     
NISSHIN SEIFUN GROUP INC
       18,500  
shares
     224,264  
     
NOK CORP
       3,900  
shares
     67,040  
     
NOKIA CORP SPON ADR
       707,929  
shares
     3,412,218  
     
NOKIA OYJ
       729,149  
shares
     3,560,053  
     
NOMURA REAL ESTATE HLDGS
       38,000  
shares
     565,816  
     
NORTHEAST UTILITIES
       49,200  
shares
     1,774,644  
     
NORTHERN OIL AND GAS INC
       165,000  
shares
     3,956,700  
     
NORWEGIAN PROPERTY ASA
       42,918  
shares
     52,823  
     
NOVARTIS AG (REG)
       2,718  
shares
     155,414  
     
NOVARTIS AG SPON ADR
       226,431  
shares
     12,945,060  
     
NOVO-NORDISK AS CL B
       68,843  
shares
     7,912,024  
     
NOVO-NORDISK AS CL B ADR
       80,555  
shares
     9,284,769  
     
NOVOZYMES A/S B
       167,765  
shares
     5,179,573  
     
NRG ENERGY INC
       296,440  
shares
     5,371,493  
     
NTT DOCOMO INC
       2,384  
shares
     4,382,979  
     
NTT DOCOMO INC SPON ADR
       6,400  
shares
     117,440  
     
NTT URBAN DEVELOPMENT
       166  
shares
     113,233  
     
NUCOR CORP
       58,000  
shares
     2,295,060  
     
NVIDIA CORP
       33,600  
shares
     465,696  
     
NVR INC
       1,200  
shares
     823,200  
     
OCCIDENTAL PETROLEUM CORP
       333,461  
shares
     31,245,296  
     
OCEANEERING INTL INC
       80,000  
shares
     3,690,400  
     
OGX PETROLEO E GAS PART S
       546,000  
shares
     3,991,262  
     
OIL STATES INTL INC
       114,000  
shares
     8,706,180  
     
OLD MUTUAL PLC (UK)
       1,427,713  
shares
     3,004,648  
     
OLIN CORP
       128,000  
shares
     2,515,200  
 
 
46
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
OMEGA HEALTHCARE INVESTOR
       16,830  
shares
   $ 325,661  
     
OMV AG
       17,352  
shares
     526,472  
     
ONYX PHARMACEUTICALS INC
       157,130  
shares
     6,905,864  
     
OPEN TEXT CORPORATION
       6,252  
shares
     320,642  
     
OPTIMER PHARMACEUTICALS
       18,540  
shares
     226,930  
     
ORACLE CORP
       863,581  
shares
     22,150,853  
     
ORBITAL SCIENCES CORP
       270,000  
shares
     3,923,100  
     
ORIENT EXPRESS HOTEL CL A
       250,800  
shares
     1,873,476  
     
ORIENT OVERSEAS INTL LTD
       86,500  
shares
     505,083  
     
ORIFLAME COSMETICS SDR
       46,262  
shares
     1,461,634  
     
ORION CORP
       784  
shares
     457,426  
     
ORION OYJ (NEW) B
       15,684  
shares
     305,536  
     
ORIX CORP
       21,270  
shares
     1,757,646  
     
OTE (GREEK TELECOM) SA
       20,453  
shares
     76,246  
     
OTP BANK (REG)
       3,628  
shares
     47,940  
     
OTSUKA HOLDINGS CO LTD
       42,600  
shares
     1,197,770  
     
OWENS ILLINOIS INC
       58,275  
shares
     1,129,370  
     
PACER INTERNATIONAL INC
       94,190  
shares
     503,917  
     
PACWEST BANCORP
       108,800  
shares
     2,061,760  
     
PAGESJAUNES GROUPE SA
       109,989  
shares
     399,347  
     
PALL CORP
       12,102  
shares
     691,629  
     
PANASONIC CORP
       30,000  
shares
     254,921  
     
PANASONIC CORP ADR
       200,000  
shares
     1,678,000  
     
PANERA BREAD CO CL A
       6,760  
shares
     956,202  
     
PAR PHARMACEUTICALS COS
       95,800  
shares
     3,135,534  
     
PAREXEL INTL CORP
       117,600  
shares
     2,439,024  
     
PARKER HANNIFIN CORP
       9,830  
shares
     749,538  
     
PARKWAY PROPERTIES - REIT
       830  
shares
     8,184  
     
PATTERSON-UTI ENERGY INC
       31,606  
shares
     631,488  
     
PCCW LTD
       1,598,000  
shares
     549,360  
     
PEABODY ENERGY CORP
       93,815  
shares
     3,106,215  
     
PEARSON PLC
       43,366  
shares
     814,982  
     
PEBBLEBROOK HOTEL TRUST
       163,800  
shares
     3,141,684  
     
PENSKE AUTOMOTIVE GROUP
       137,300  
shares
     2,643,025  
     
PEOPLES UNITED FIN INC
       191,600  
shares
     2,462,060  
     
PEPSICO INC
       110,624  
shares
     7,339,902  
     
PERRIGO CO (USA)
       8,867  
shares
     862,759  
     
PETROBRAS PN SPON ADR
       395,313  
shares
     9,285,902  
     
PETROBRAS SA SPONS ADR
       91,566  
shares
     2,275,415  
 
 
47
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
PETROFAC LTD
       6,158  
shares
   $ 137,822  
     
PETRONAS DAGANGAN BHD
       40,300  
shares
     226,290  
     
PEUGEOT CITROEN SA
       88,437  
shares
     1,386,266  
     
PFIZER INC
       1,799,379  
shares
     38,938,562  
     
PG&E CORP
       164,971  
shares
     6,800,105  
     
PHARMASSET INC
       5,960  
shares
     764,072  
     
PHILIP MORRIS INTL INC
       212,860  
shares
     16,705,253  
     
PHILIPPINE LONG DIST SPON
       10,075  
shares
     580,522  
     
PHILIPS ELEC (KON)
       95,000  
shares
     1,990,250  
     
PIONEER NATURAL RESOURCES
       28,960  
shares
     2,591,341  
     
PIRELLI & CO
       145,644  
shares
     1,226,333  
     
PITNEY-BOWES INC
       37,282  
shares
     691,208  
     
PMC-SIERRA INC
       299,800  
shares
     1,651,898  
     
PNC FIN SVCS GRP INC
       187,448  
shares
     10,810,126  
     
POLISH OIL & GAS CO
       69,352  
shares
     82,007  
     
POLSKI KONCERN NAFTOWY OR
       165,119  
shares
     1,622,286  
     
POLYPORE INTL INC
       15,646  
shares
     688,268  
     
POOL CORP
       22,842  
shares
     687,544  
     
PORTS DESIGN LIMITED
       357,000  
shares
     539,642  
     
PORTUGAL TELECOM SGPS SA
       96,339  
shares
     554,920  
     
POST PROPERTIES - REIT
       19,300  
shares
     843,796  
     
PPL CORPORATION
       206,830  
shares
     6,084,939  
     
PPR SA
       81,647  
shares
     11,693,921  
     
PRECISION CASTPARTS CORP
       80,014  
shares
     13,185,507  
     
PRECISION DRILLING (CANA)
       32,532  
shares
     335,414  
     
PRESIDENT CHAIN STORE
       24,000  
shares
     130,758  
     
PRICELINE.COM INC
       16,876  
shares
     7,893,074  
     
PRIMARIS RETAIL REIT UT
       11,700  
shares
     236,780  
     
PRIME OFFICE REIT-AG
       25,067  
shares
     141,046  
     
PROASSURANCE CORPORATION
       61,000  
shares
     4,869,020  
     
PROCTER & GAMBLE CO
       85,700  
shares
     5,717,047  
     
PROGRESSIVE CORP OHIO
       136,320  
shares
     2,659,603  
     
PROLOGIS INC REIT
       160,106  
shares
     4,577,431  
     
PRUDENTIAL FINANCIAL INC
       138,055  
shares
     6,919,317  
     
PRUDENTIAL PLC
       792,278  
shares
     7,856,912  
     
PRYSMIAN SPA
       9,505  
shares
     118,050  
     
PS BUSINESS PKS CA REIT
       3,660  
shares
     202,874  
     
PSP SWISS PROPERTY AG
       13,343  
shares
     1,116,712  
     
PUBLIC POWER OF GREECE
       28,461  
shares
     139,992  
 
 
48
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
PUBLIC STORAGE
       38,390  
shares
   $ 5,161,919  
     
PUBLIC SVC ENTERPRISE GRP
       181,389  
shares
     5,987,651  
     
QANTAS AIRWAYS LTD
       80,283  
shares
     119,868  
     
QUALCOMM INC
       292,623  
shares
     16,006,478  
     
QUALITY DISTR INC FL
       38,140  
shares
     429,075  
     
QUINTAIN ESTATES & DEV CO
       281,185  
shares
     164,863  
     
RAKUTEN INC (TOKYO)
       11,811  
shares
     12,706,435  
     
RALPH LAUREN CORP
       66,767  
shares
     9,219,187  
     
RAUTARUUKKI OY CL
       28,910  
shares
     266,251  
     
RAYTHEON CO
       121,380  
shares
     5,872,364  
     
RED ELECTRICA CORPORACION
       542  
shares
     23,197  
     
RED HAT INC
       202,479  
shares
     8,360,358  
     
REGAL-BELOIT CORP
       118,606  
shares
     6,045,348  
     
REGENCY CENTERS CORP REIT
       73,690  
shares
     2,772,218  
     
REGENERON PHARMACEUTICALS
       22,265  
shares
     1,234,149  
     
REGIONS FINANCIAL CORP
       104,510  
shares
     449,393  
     
RELIANCE CAPITAL LTD
       211,552  
shares
     937,748  
     
RELIANCE STEEL & ALUMINUM
       65,300  
shares
     3,179,457  
     
RENAISSANCERE HLDGS LTD
       115,900  
shares
     8,619,483  
     
RENAULT SA ORD
       81,919  
shares
     2,841,764  
     
RENT A CTR INC
       71,400  
shares
     2,641,800  
     
REPSOL YPF SA ORD
       162,911  
shares
     5,005,047  
     
RESEARCH IN MOTION LTD
       75,642  
shares
     1,096,809  
     
RESMED INC
       15,628  
shares
     396,951  
     
RESOLUTION LTD
       544,644  
shares
     2,126,627  
     
RESOURCES CONNECTION INC
       270,000  
shares
     2,859,300  
     
RETAIL OPPORTUNITY INVTS
       29,688  
shares
     351,506  
     
RICHEMONT CIE FINANCIERE
       219,959  
shares
     11,127,351  
     
RIOCAN REAL ESTATE INV TR
       135,430  
shares
     3,514,744  
     
RIVERBED TECHNOLOGY INC
       26,213  
shares
     616,006  
     
ROCHE HLDGS GENUSSSCHEINE
       2,106  
shares
     356,999  
     
ROCHE HLDGS LTD SPON ADR
       192,388  
shares
     8,186,109  
     
ROGERS CORP
       45,300  
shares
     1,669,758  
     
ROHM CO LTD
       36,500  
shares
     1,702,527  
     
ROLLS-ROYCE HLDGS CLASS C
       69,070,242  
shares
     107,276  
     
ROLLS-ROYCE HOLDINGS PLC
       839,018  
shares
     9,727,797  
     
ROPER INDUSTRIES INC
       33,322  
shares
     2,894,682  
     
ROSNEFT OC OJSC GDR REGS
       170,848  
shares
     1,127,597  
     
ROWAN COMPANIES INC
       110,200  
shares
     3,342,366  
 
 
49
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
ROYAL DUTCH SHELL SP CL A
       105,000  
shares
   $ 7,674,450  
     
RPM INTERNATIONAL INC
       295,900  
shares
     7,264,345  
     
RSA INSURANCE GROUP PLC
       498,311  
shares
     814,197  
     
RSC HOLDINGS INC
       205,687  
shares
     3,805,209  
     
RTI INTL METALS INC
       70,100  
shares
     1,627,021  
     
RWE AG
       21,179  
shares
     744,293  
     
RYDER SYSTEM INC
       75,000  
shares
     3,985,500  
     
SABESP
       24,268  
shares
     1,350,514  
     
SABMILLER PLC (UK)
       120,171  
shares
     4,230,277  
     
SAFESTORE HOLDINGS LTD
       382,573  
shares
     594,193  
     
SAGE GROUP PLC
       357,088  
shares
     1,631,666  
     
SALESFORCE.COM INC
       103,534  
shares
     10,504,560  
     
SALIX PHARMACEUTICALS LTD
       14,500  
shares
     693,825  
     
SALLY BEAUTY HLDGS INC
       151,600  
shares
     3,203,308  
     
SAMPO OYJ SER A
       30,282  
shares
     751,407  
     
SAMSUNG ELECTRONICS CO
       13,756  
shares
     12,524,287  
     
SAMSUNG FIRE & MARINE INS
       6,749  
shares
     1,225,454  
     
SAMSUNG SDI CO LTD
       112  
shares
     12,867  
     
SANCHEZ ENERGY CORP
       76,200  
shares
     1,315,212  
     
SANDRIDGE ENERGY INC
       272,420  
shares
     2,222,947  
     
SANDVIK AB
       414,604  
shares
     5,088,478  
     
SANOFI SPON ADR
       315,040  
shares
     11,511,562  
     
SANTOS LTD
       7,225  
shares
     90,437  
     
SAP AG SPON ADR
       21,210  
shares
     1,123,069  
     
SAPPI LTD SPONS ADR
       8,904  
shares
     25,465  
     
SAPUTO INC
       23,506  
shares
     900,863  
     
SASOL LTD
       113,877  
shares
     5,438,097  
     
SBA COMM CORP CL A
       391,611  
shares
     16,823,609  
     
SBM OFFSHORE NV
       7,950  
shares
     163,824  
     
SCANSOURCE INC
       104,500  
shares
     3,762,000  
     
SCHLUMBERGER LTD
       322,689  
shares
     22,042,886  
     
SCHWAB CHARLES CORP
       500,000  
shares
     5,630,000  
     
SCOR SE
       10,632  
shares
     248,543  
     
SCOTTS MIRACLE GRO C CL A
       17,624  
shares
     822,865  
     
SEATTLE GENETICS INC
       20,830  
shares
     348,173  
     
SEGRO PLC
       206,642  
shares
     669,172  
     
SEI INV CORP
       27,278  
shares
     473,273  
     
SEIKO EPSON CORP
       67,400  
shares
     895,864  
     
SEKISUI CHEMICAL CO LTD
       121,000  
shares
     998,311  
 
 
50
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
SEMPRA ENERGY
       112,237  
shares
   $ 6,173,035  
     
SENIOR HOUSING PPTYS TR R
       53,520  
shares
     1,200,989  
     
SENSATA TECH HOLDG BV
       23,773  
shares
     624,754  
     
SEVEN & I HOLDINGS CO LTD
       102,700  
shares
     2,862,230  
     
SHAFTESBURY PLC
       17,011  
shares
     123,437  
     
SHARP CORP
       31,000  
shares
     271,071  
     
SHINSEGAE CO LTD
       1,387  
shares
     292,427  
     
SHIONOGI & CO LTD
       72,600  
shares
     932,910  
     
SHIRE PLC
       61,421  
shares
     2,139,733  
     
SHIRE PLC SPON ADR
       131,573  
shares
     13,670,435  
     
SHISEIDO CO LTD
       27,300  
shares
     501,910  
     
SHOPPERS DRUG MART CORP
       25,534  
shares
     1,031,489  
     
SIAM COMMERCIAL BANK PCL
       155,300  
shares
     572,546  
     
SIGNATURE BANK
       52,065  
shares
     3,123,379  
     
SIGNET JEWELERS LTD (UK)
       52,400  
shares
     2,277,968  
     
SILGAN HOLDINGS INC
       58,200  
shares
     2,248,848  
     
SILIC (STE IMMOB LOC IND)
       1,652  
shares
     160,226  
     
SILIC (STE IMMOB LOC IND)
       4,260  
shares
     413,175  
     
SILICON LABORATORIES INC
       62,100  
shares
     2,696,382  
     
SIMON PPTY GROUP - REIT
       152,660  
shares
     19,683,980  
     
SINGAPORE EXCHANGE LTD
       515,000  
shares
     2,433,759  
     
SINGAPORE TELECOM (SING)
       155,000  
shares
     369,233  
     
SINO LAND CO
       796,149  
shares
     1,133,753  
     
SIRIUS XM RADIO INC
       409,800  
shares
     745,836  
     
SIRONA DENTAL SYSTEMS INC
       119,900  
shares
     5,280,396  
     
SJM HOLDINGS LIMITED
       550,000  
shares
     897,948  
     
SK C&C CO LTD
       1,864  
shares
     187,675  
     
SK HOLDINGS CO LTD
       7,865  
shares
     818,954  
     
SK NETWORKS CO LTD
       33,550  
shares
     291,601  
     
SK TELECOM (1/9) SPON ADR
       4,961  
shares
     67,519  
     
SKYWORKS SOLUTIONS INC
       42,474  
shares
     688,928  
     
SL GREEN REALTY CORP REIT
       33,140  
shares
     2,208,450  
     
SLM CORP
       236,000  
shares
     3,162,400  
     
SMA SOLAR TECHNOLOGY AG
       52,221  
shares
     2,917,732  
     
SMC CORP
       42,400  
shares
     6,842,175  
     
SMITH & NEPHEW PLC
       108,521  
shares
     1,054,276  
     
SMITH & NEPHEW PLC SPON A
       5,600  
shares
     269,640  
     
SOC QUIMICA Y MIN CH PFD
       46,000  
shares
     2,477,100  
     
SOCIETE GENE PARIS CL A
       102,050  
shares
     2,272,669  
 
 
51
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
SOFTBANK CORP
       180,400  
shares
   $ 5,313,672  
     
SOHO CHINA LTD
       489,000  
shares
     325,513  
     
SOJITZ CORPORATION
       457,100  
shares
     706,749  
     
SOLERA HOLDINGS INC
       180,436  
shares
     8,036,619  
     
SOLVAY CL A
       7,084  
shares
     583,732  
     
SONAE SIERRA BRASIL
       19,100  
shares
     246,028  
     
SONY CORP ADR
       180,400  
shares
     3,254,416  
     
SOTHEBY'S
       156,000  
shares
     4,450,680  
     
SOUTHWEST AIRLINES CO
       712,000  
shares
     6,094,720  
     
SOVRAN SELF STORAGE REIT
       4,000  
shares
     170,680  
     
SPAR GROUP LTD
       103,268  
shares
     1,389,128  
     
SPECTRA ENERGY CORP
       261,500  
shares
     8,041,125  
     
SPONDA OYJ
       56,585  
shares
     228,520  
     
SPRINT NEXTEL CORP
       2,261,500  
shares
     5,291,910  
     
SPX CORP
       82,000  
shares
     4,942,140  
     
ST JOE COMPANY
       144,500  
shares
     2,118,370  
     
ST JUDE MEDICAL INC
       60,850  
shares
     2,087,155  
     
ST MODWEN PROPERTIES PLC
       163,790  
shares
     287,461  
     
STAG INDUSTRIAL INC
       8,560  
shares
     98,183  
     
STANDARD CHARTERED PLC
       536,439  
shares
     11,739,368  
     
STANDARD LIFE PLC
       298,040  
shares
     954,964  
     
STARBUCKS CORP
       292,318  
shares
     13,449,551  
     
STARHUB LTD
       79,000  
shares
     177,227  
     
STARWOOD HTLS & RESRT WRL
       86,979  
shares
     4,172,383  
     
STARWOOD PROPERTY TR INC
       31,050  
shares
     574,735  
     
STATE STREET CORP
       157,223  
shares
     6,337,659  
     
STATOIL ASA
       53,209  
shares
     1,365,828  
     
STATOIL ASA SPONS ADR
       14,555  
shares
     372,754  
     
STE DE LA TOUR EIFFEL
       1,534  
shares
     76,307  
     
STEEL DYNAMICS INC
       8,910  
shares
     117,166  
     
STERICYCLE INC
       11,604  
shares
     904,184  
     
STIFEL FINANCIAL CORP
       56,400  
shares
     1,807,620  
     
STMICROELECTRONICS NV
       99,108  
shares
     587,710  
     
STMICROELECTRONICS NV
       129,150  
shares
     767,486  
     
STOCKLAND UNITS (STAPLED)
       895,890  
shares
     2,922,620  
     
STORA ENSO AB R 1/10 VTG
       115,439  
shares
     691,535  
     
SUEZ ENVIRONMENT CO
       33,754  
shares
     388,895  
     
SUMITOMO ELECTRIC INDS
       115,600  
shares
     1,258,660  
     
SUMITOMO REALTY & DEV CO
       140,000  
shares
     2,452,024  
 
 
52
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
SUN HUNG KAI PROPERTIES
       1,023,298  
shares
   $ 12,826,470  
     
SUN LIFE FINANCIAL INC
       2,749  
shares
     51,017  
     
SUNCORP GROUP LTD
       74,991  
shares
     642,658  
     
SUNTEC REIT
       143,000  
shares
     118,510  
     
SUNTRUST BANKS INC
       155,000  
shares
     2,743,500  
     
SUPERIOR ENERGY SVCS INC
       91,100  
shares
     2,590,884  
     
SURGUTNEFTEGAZ SPON ADR
       87,670  
shares
     691,716  
     
SURGUTNEFTEGAZ SPON ADR
       230,300  
shares
     1,172,227  
     
SUSQUEHANNA BANCSHARES
       248,600  
shares
     2,083,268  
     
SVB FINL GROUP
       45,300  
shares
     2,160,357  
     
SVENSKA HANDELSBANKEN SER
       246,297  
shares
     6,478,768  
     
SWATCH GROUP AG (BR)
       5,349  
shares
     2,001,995  
     
SWIRE PACIFIC LTD CL A
       10,500  
shares
     126,745  
     
SWISS PRIME SITE AG
       11,657  
shares
     875,687  
     
SXC HEALTH SOLUTIONS CORP
       22,028  
shares
     1,244,141  
     
SYMANTEC CORP
       340,000  
shares
     5,321,000  
     
SYNGENTA AG (SWIT)
       28,512  
shares
     8,348,826  
     
SYNOPSYS INC
       150,000  
shares
     4,080,000  
     
TAISHO PHARMA HLDGS CO
       12,000  
shares
     926,135  
     
TAIWAN SEMICONDUCT MFG CO
       2,013,000  
shares
     5,038,316  
     
TAL INTL GROUP INC
       94,000  
shares
     2,706,260  
     
TAMBANG BATUBARA BUKIT AS
       159,500  
shares
     305,192  
     
TANGER FACTORY OUTLET - R
       22,900  
shares
     671,428  
     
TARGET CORP
       40,303  
shares
     2,064,320  
     
TAUBMAN CENTERS INC
       20,600  
shares
     1,279,260  
     
TAURON POLSKA ENERGIA SA
       452,655  
shares
     701,862  
     
TE CONNECTIVITY LTD
       263,500  
shares
     8,118,435  
     
TECHNE CORP
       9,346  
shares
     637,958  
     
TELE2 AB B SHS
       107,253  
shares
     2,087,107  
     
TELECOM ITALIA SPA
       930,096  
shares
     1,000,454  
     
TELECOM NEW ZEALAND
       385,599  
shares
     621,431  
     
TELECOM NEW ZEALAND ADR
       41,895  
shares
     334,741  
     
TELEDYNE TECHNOLOGIES INC
       10,715  
shares
     587,718  
     
TELEFONICA BRASIL SA SPON
       49,702  
shares
     1,358,356  
     
TELEFONICA CZECH REPUBLIC
       18,571  
shares
     360,103  
     
TELEKOM MALAYSIA BHD
       350,900  
shares
     549,042  
     
TELENOR AS
       126,751  
shares
     2,079,327  
     
TELSTRA CORP LTD
       1,549,334  
shares
     5,276,140  
     
TELSTRA CORP LTD SPON ADR
       25,422  
shares
     433,445  
 
 
53
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
TEMPUR PEDIC INTL INC
       79,900  
shares
   $ 4,197,147  
     
TENARIS SA SPON ADR
       26,030  
shares
     967,795  
     
TENCENT HOLDINGS LIMITED
       950,028  
shares
     19,094,503  
     
TERADATA CORP
       18,040  
shares
     875,120  
     
TERADYNE INC
       452,400  
shares
     6,166,212  
     
TESCO PLC
       610,825  
shares
     3,827,542  
     
TEVA PHARMACEUTICAL IND A
       78,200  
shares
     3,156,152  
     
TEXAS CAPITAL BANCSHARES
       94,200  
shares
     2,883,462  
     
TEXAS INSTRUMENTS INC
       64,910  
shares
     1,889,530  
     
TF-1
         59,773  
shares
     583,526  
     
THAI OIL PCL (FOR)
       110,700  
shares
     204,935  
     
THALES
       19,038  
shares
     601,284  
     
THERMO FISHER SCIENTIFIC
       191,326  
shares
     8,603,930  
     
THOR INDUSTRIES INC
       146,000  
shares
     4,004,780  
     
TIBCO SOFTWARE INC
       163,550  
shares
     3,910,480  
     
TIFFANY & CO
       87,291  
shares
     5,783,902  
     
TIM PARTICIPACOES SA SPON
       38,426  
shares
     991,391  
     
TIME WARNER CABLE
       225,800  
shares
     14,354,106  
     
TIME WARNER INC
       732,301  
shares
     26,465,358  
     
TIMKEN CO
       5,390  
shares
     208,647  
     
TITAN INTERNATIONAL INC
       170,879  
shares
     3,325,305  
     
TJX COMPANIES INC NEW
       136,762  
shares
     8,827,987  
     
TOKYO TATEMONO CO
       27,000  
shares
     81,738  
     
TOSOH CORP
       137,000  
shares
     366,686  
     
TOTAL SA SPONS ADR
       246,646  
shares
     12,606,077  
     
TOWERS WATSON & CO CL A
       16,130  
shares
     966,671  
     
TOYO SUISAN KAISHA LTD
       34,000  
shares
     823,881  
     
TOYODA GOSEI CO
       14,300  
shares
     227,975  
     
TOYOTA BOSHOKU CORP
       48,700  
shares
     508,102  
     
TOYOTA INDUSTRIES CORP
       34,800  
shares
     947,262  
     
TOYOTA TSUSHO CORP
       4,000  
shares
     70,733  
     
TRACTEBEL ENERGIA SA
       8,400  
shares
     135,071  
     
TRANSDIGM GROUP INC
       92,572  
shares
     8,857,289  
     
TRANSOCEAN CV 1.5 12/37 C
       100,000  
shares
     98,250  
     
TRAVELERS COMPANIES INC
       51,716  
shares
     3,060,036  
     
TRIMAS CORP
       120,622  
shares
     2,165,165  
     
TRIMBLE NAVIGATION LTD
       176,669  
shares
     7,667,435  
     
TRUEBLUE INC
       139,840  
shares
     1,940,979  
     
TUI AG
       371,057  
shares
     2,303,981  
 
 
54
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
TUI TRAVEL PLC
       163,656  
shares
   $ 421,434  
     
TURK TELEKOMUNIKASYON
       460,462  
shares
     1,714,824  
     
TURKIYE GARANTI BANKASI
       2,468,063  
shares
     7,724,972  
     
TYCO INTL LTD
       109,250  
shares
     5,103,067  
     
UBS AG REG (USA)
       34,007  
shares
     402,303  
     
UDR INC
       85,900  
shares
     2,156,090  
     
ULTRAPAR PARTICPAC-SPON A
       82,548  
shares
     1,419,826  
     
UNIBAIL-RODAMCO
       36,091  
shares
     6,488,879  
     
UNICREDIT SPA
       298,909  
shares
     2,483,948  
     
UNILEVER NV (NY REGD)
       138,436  
shares
     4,758,045  
     
UNILEVER PLC SPONS ADR
       105,000  
shares
     3,519,600  
     
UNION PACIFIC CORP
       237,994  
shares
     25,213,084  
     
UNIONE DI BANCHE ITALIANE
       55,691  
shares
     228,226  
     
UNITE GROUP PLC
       168,331  
shares
     439,225  
     
UNITED INTERNET AG (REG)
       35,212  
shares
     628,982  
     
UNITED NATURAL FOODS INC
       200,300  
shares
     8,014,003  
     
UNITED STATES STEEL CORP
       47,500  
shares
     1,256,850  
     
UNITED TECHNOLOGIES CORP
       209,053  
shares
     15,279,684  
     
UNITED TRACTORS PT
       466,000  
shares
     1,354,188  
     
UNITED URBAN INVESTMENT
       334  
shares
     378,850  
     
UNITEDHEALTH GROUP INC
       310,541  
shares
     15,738,218  
     
UNIVERSAL HEALTH SVC CL B
       11,105  
shares
     431,540  
     
UNIVERSAL ROBINA CORP
       62,716  
shares
     68,667  
     
UNUM GROUP
       84,600  
shares
     1,782,522  
     
UNY CO LTD
       110,200  
shares
     992,251  
     
UOL GROUP LIMITED
       39,000  
shares
     120,264  
     
UPM KYMMENE CORP
       47,156  
shares
     519,439  
     
URBAN OUTFITTERS
       113,664  
shares
     3,132,580  
     
URS CORP NEW
       17,276  
shares
     606,733  
     
US BANCORP DEL
       358,710  
shares
     9,703,105  
     
UTI WORLDWIDE INC
       293,100  
shares
     3,895,299  
     
VALE SA SPONS PREF ADR
       420,300  
shares
     8,658,180  
     
VALEANT PHARMACEUTICALS I
       22,301  
shares
     1,043,662  
     
VALIDUS HOLDING
       88,800  
shares
     2,797,200  
     
VANGUARD HEALTH SYS INC
       186,000  
shares
     1,900,920  
     
VARIAN MEDICAL SYS INC
       12,982  
shares
     871,482  
     
VASTNED RETAIL NV
       292  
shares
     13,078  
     
VENTAS INC REIT
       46,582  
shares
     2,568,066  
     
VEOLIA ENVIRONNEMENT SPON
       6,601  
shares
     72,941  
 
 
55
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
VERIFONE SYSTEMS INC
       42,830  
shares
   $ 1,521,322  
     
VERISIGN INC
       22,240  
shares
     794,413  
     
VERIZON COMM INC
       166,532  
shares
     6,681,264  
     
VERTEX PHARMACEUTICALS
       108,241  
shares
     3,594,684  
     
VESTAS WIND SYSTEMS AS
       93,089  
shares
     1,005,018  
     
VIENNA INSURANCE GROUP AG
       11,261  
shares
     446,324  
     
VISA INC CL A
       67,111  
shares
     6,813,780  
     
VITERRA INC
       19,024  
shares
     200,626  
     
VITRAN CORP INC (US)
       23,150  
shares
     133,344  
     
VIVENDI
       238,471  
shares
     5,222,813  
     
VMWARE INC CL A
       101,129  
shares
     8,412,921  
     
VODACOM GROUP (PTY) LTD
       90,796  
shares
     1,001,021  
     
VODAFONE GROUP PLC
       1,279,597  
shares
     3,555,469  
     
VODAFONE GROUP PLC SPON A
       530,006  
shares
     14,856,068  
     
VOLCANO CORP
       147,300  
shares
     3,504,267  
     
VORNADO REALTY TRUST
       83,528  
shares
     6,419,962  
     
VULCAN MATERIALS CO
       217,000  
shares
     8,538,950  
     
WABCO HOLDINGS INC
       182,900  
shares
     7,937,860  
     
WABTEC
       37,000  
shares
     2,588,150  
     
WAL MART STORES INC
       283,465  
shares
     16,939,868  
     
WASHINGTON FEDERAL INC
       77,400  
shares
     1,082,826  
     
WASTE CONNECTIONS INC
       33,722  
shares
     1,117,547  
     
WATERS CORP
       5,919  
shares
     438,302  
     
WATSCO INC
       3,013  
shares
     197,833  
     
WATSON PHARMACEUTICALS
       14,060  
shares
     848,380  
     
WATTS WATER TECH INC CL A
       36,100  
shares
     1,234,981  
     
WEINGARTEN REALTY INVS RE
       75,400  
shares
     1,645,228  
     
WEIR GROUP PLC
       2,917  
shares
     92,060  
     
WELLCARE HEALTH PLANS INC
       14,214  
shares
     746,235  
     
WELLS FARGO & CO
       1,475,070  
shares
     40,652,929  
     
WELLS FARGO 7.5 PC PERP A
       100  
shares
     105,400  
     
WENDEL
       7,201  
shares
     480,030  
     
WERELDHAVE NV
       3,015  
shares
     200,243  
     
WERNER ENTERPRISES INC
       72,900  
shares
     1,756,890  
     
WESCO INTERNATIONAL INC
       212,100  
shares
     11,243,421  
     
WESFARMERS LTD
       131,824  
shares
     3,976,889  
     
WESTERN UNION CO
       525,200  
shares
     9,590,152  
     
WESTFIELD GROUP STAPLED U
       903,142  
shares
     7,213,302  
     
WESTFIELD RETAIL TR STAPL
       1,368,785  
shares
     3,485,472  
 
 
56
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common stock (continued)
                    
     
WESTLAKE CHEMICAL CORP
       19,230  
shares
   $ 773,815  
     
WESTON GEORGE LTD
       12,695  
shares
     848,785  
     
WEYERHAEUSER CO
       321,000  
shares
     5,993,070  
     
WHARF HOLDINGS LTD
       571,770  
shares
     2,584,030  
     
WHITBREAD PLC
       40,968  
shares
     995,165  
     
WHITING PETROLEUM CORP
       136,040  
shares
     6,351,708  
     
WHOLE FOODS MARKET INC
       116,758  
shares
     8,124,022  
     
WILEY (JOHN) & SONS CL A
       110,000  
shares
     4,884,000  
     
WILLIAMS COMPANIES INC
       95,900  
shares
     3,166,618  
     
WINTHROP REALTY TRUST NEW
       17,680  
shares
     179,806  
     
WOLVERINE WORLD WIDE INC
       24,842  
shares
     885,369  
     
WOODSIDE PETROLEUM LTD
       189,480  
shares
     5,933,290  
     
WOODWARD INC
       21,615  
shares
     884,702  
     
WOOLWORTHS (AUSTRALIA)
       189,275  
shares
     4,858,408  
     
WOOLWORTHS HLDGS (SOAF)
       67,811  
shares
     327,606  
     
WRIGHT EXPRESS CORP
       180,000  
shares
     9,770,400  
     
WYNDHAM WORLDWIDE CORP
       21,000  
shares
     794,430  
     
XEROX CORP
       680,000  
shares
     5,412,800  
     
XL GROUP PLC
       234,866  
shares
     4,643,301  
     
YAMADA DENKI CO LTD
       42,280  
shares
     2,878,545  
     
YAMAHA MOTOR CO LTD
       262,000  
shares
     3,315,637  
     
YAMAZAKI BAKING CO LTD
       8,000  
shares
     105,087  
     
YELLOW MEDIA INC
       165,006  
shares
     29,975  
     
YOUKU INC ADR
       23,905  
shares
     374,591  
                          4,096,130,055  
Preferred stock
                    
     
CITIGROUP CAP XIII
      104,500  
shares
     2,723,270  
     
HYUNDAI MOTOR CO LTD PFD
       8,906  
shares
     486,667  
     
INTESA SANPAOLO SPA N/C R
       248,129  
shares
     309,455  
     
MAN SE PFD
       3,197  
shares
     200,082  
     
PORSCHE AUTO HLDG NON-VTG
       83,737  
shares
     4,481,892  
     
SAMSUNG ELECTRONICS CO PF
       238  
shares
     136,608  
     
TELECOM ITALIA SPA RISP
       303,968  
shares
     272,272  
                          8,610,246  
 
 
57
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Common collective trusts
                    
     
BTC ACWI XUS INDEX FUND
       21,559,302  
 units
   $ 354,866,111  
     
BTC RUSSELL 1000 INDX FD
       92,083,947  
 units
     1,293,779,452  
     
BTC RUSSELL 2500 INDEX FD
       37,978,304  
 units
     467,512,920  
     
BTC US DEBT INDEX FUND CL
       17,129,048  
 units
     457,688,161  
     
INVESTEC GDR FD
       736,648  
 units
     74,121,551  
     
JP MORGAN FOCUS FD
       14,600,929  
 units
     222,080,135  
     
LAZARD EMERG MKTS COLL TR
       15,722,484  
 units
     221,215,350  
                          3,091,263,680  

Corporate debt
        
 
AEGON NV GLBL
$825,000 principal, 4.625%, due 12/01/2015
     855,430  
 
AEGON NV GLBL
$6,105,000 principal, 4.75%, due 6/01/2013
     6,247,442  
 
AID
$200,000 principal, 5.5%, due 9/18/2033     
    264,205  
 
AIG INTL
$6,275,000 principal, 4.25%, due 9/15/2014
     6,094,594  
 
AIG INTL
$700,000 principal, 6.25%, due 5/1/2036
     625,766  
 
AIG INTL /VR
$100,000 principal, 8.175%, due 5/15/2068
     89,000  
 
AIG INTL MTN
$1,475,000 principal, 8.25%, due 8/15/2018
     1,560,892  
 
ALABAMA POWER
$100,000 principal, 6.125%, due 5/15/2038
     132,894  
 
ALCOA INC GLB
$1,400,000 principal, 5.95%, due 2/1/2037
     1,325,597  
 
ALLY FINL FRN
$300,000 principal, 3.71%, due 2/11/2014
     283,500  
 
ALLY FINL INC
$9,600,000 principal, 4.5%, due 2/11/2014
     9,216,000  
 
ALTRIA GROUP
$900,000 principal, 10.2%, due 2/6/2039
     1,398,304  
 
ALTRIA GROUP
$200,000 principal, 9.95%, due 11/10/2038
     303,718  
 
AMERADA HESS CO
$100,000 principal, 7.3%, due 8/15/2031
     128,132  
 
AMERICA MOVIL
$200,000 principal, 6.125%, due 11/15/2037
     236,776  
 
AMERICA MOVIL
$100,000 principal, 6.125%, due 3/30/2040
     118,671  
 
AMEX
$600,000 principal, 8.15%, due 3/19/2038
     888,701  
 
AMGEN
$100,000 principal, 6.9%, due 6/01/2038
     122,977  
 
AMGEN INC
$800,000 principal, 5.65%, due 6/15/2042
     868,021  
 
AMGEN INC
$100,000 principal, 6.375%, due 6/01/2037
     115,726  
 
ANADARKO FIN CO
$100,000 principal, 7.5%, due 5/01/2031
     120,815  
 
ANADARKO MTN
$300,000 principal, 6.2%, due 3/15/2040
     333,260  
 
ANADARKO PETRO
$1,600,000 principal, 6.45%, due 9/15/2036
     1,821,067  
 
ANHEUSER BUSCH
$100,000 principal, 8.2%, due 1/15/2039
     157,374  
 
ANHEUSER BUSCH
$100,000 principal, 6.375%, due 1/15/2040
     137,136  
 
AOL TIME WARNER
$3,550,000 principal, 7.625%, due 4/15/2031
     4,575,975  
 
AOL TIME WARNER
$725,000 principal, 7.7%, due 5/01/2032
     944,486  
 
APPALACHIAN PWR
$240,000 principal, 6.7%, due 8/15/2037
     309,885  
 
APPALACHIAN PWR
$500,000 principal, 7%, due 4/1/2038
     669,821  
 
ARCELORMITTA
$800,000 principal, 7%, due 10/15/2039
     742,326  
 
 
58
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Corporate debt (continued)
          
 
ASTRAZENECA PLC
$110,000 principal, 6.45%, due 9/15/2037
   $ 148,095  
 
AT&T BROAD GLBL
$200,000 principal, 9.455%, due 11/15/2022
     284,872  
 
AT&T CORP
$1,154,000 principal, 8.0%, due 11/15/2031
     1,627,658  
 
AT&T INC
$6,900,000 principal, 2.5%, due 8/15/2015
     7,145,978  
 
AT&T INC
$1,613,000 principal, 5.35%, due 9/01/2040
     1,810,838  
 
AT&T INC
$600,000 principal, 6.4%, due 5/15/2038
     739,878  
 
AT&T INC
$700,000 principal, 6.5%, due 9/01/2037
     870,003  
 
AT&T INC
$125,000 principal, 6.55%, due 2/15/2039
     158,712  
 
BAC CAP TR XI
$800,000 principal, 6.625%, due 5/23/2036
     700,630  
 
BANCO BRASIL  144A
$100,000 principal, 6%, due 1/22/2020
     109,000  
 
BANCO NACIONAL 144A
$100,000 principal, 5.5%, due 7/12/2020
     108,500  
 
BANCO SANTAND 144A
$2,200,000 principal, 4.5%, due 4/6/2015
     2,134,000  
 
BANCO SANTD FRN
$1,500,000 principal, 2.162%, due 1/19/2016
     1,380,000  
 
BANCO VOTORANTIM 144B
$300,000 principal, 5.25%, due 2/11/2016
     301,800  
 
BANK AMER GMTN
$17,090,000 principal, 7.375%, due 5/15/2014
     17,721,834  
 
BANK AMER NA
$1,040,000 principal, 5.3%, due 3/15/2017
     938,194  
 
BANK AMER NA
$40,000 principal, 6%, due 10/15/2036
     33,219  
 
BANK AMERICA
$800,000 principal, 1.973%, due 1/30/2014
     722,258  
 
BANK OF AMER MTN
$6,295,000 principal, 7.625%, due 6/1/2019
     6,508,564  
 
BANK OF AMERICA
$650,000 principal, 5.625%, due 7/1/2020
     600,230  
 
BANK ONE CAP III
$160,000 principal,  8.75%, due 9/1/2030
     211,653  
 
BANKAMER CAP II
$650,000 principal, 8%, due 12/15/2026
     585,000  
 
BARCLAYS 144A
$80,000 principal, 10.179%, due 6/12/2021
     83,771  
 
BARCLAYS BANK
$8,525,000 principal, 2.375%, due 1/13/2014
     8,344,875  
 
BARCLAYS MTN
$2,416,000 principal, 2.5%, due 1/23/2013
     2,405,696  
 
BARCLAYS MTN
$2,550,000 principal, 5.125%, due 1/08/2020
     2,618,557  
 
BARRICK GOLD
$10,000 principal, 5.8%, due 11/15/2034
     11,189  
 
BARRICK PD AUST
$100,000 principal, 5.95%, due 10/15/2039
     115,551  
 
BERKSHIRE HAT FIN
$5,000,000 principal, 1.5%, due 1/10/2014
     5,056,105  
 
BG ENERGY 144A
$500,000 principal, 5.125%, due 10/15/2041
     539,995  
 
BHP BILLITON FIN
$8,351,000 principal, 5.5%, due 4/01/2014
     9,180,463  
 
BM&F BOVESP MTN 144A
$100,000 principal, 5.5%, due 7/16/2020
     102,500  
 
BNSF RAILWAY CO
$962,625 principal, 5.996%, due 4/1/2024
     1,119,465  
 
BOSTON PPTY
$1,255,000 principal, 5.625%, due 4/15/2015
     1,384,700  
 
BOSTON PPTY
$407,000 principal, 6.25%, due 1/15/2013
     423,009  
 
BOSTON PPTY LTD
$870,000 principal, 5%, due 6/01/2015
     942,333  
 
BOSTON PPTY MTN
$1,900,000 principal, 4.125%, due 5/15/2021
     1,911,231  
 
BOSTON PT MTN
$200,000 principal, 5.875%, due 10/15/2019
     225,161  
 
BOSTON SCIENTIFIC
$250,000 principal, 6%, due 1/15/2020
     278,995  
 
 
59
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Corporate debt (continued)
          
 
BOSTON SCIENTIFIC
$400,000 principal, 7.375%, due 1/15/2040
   $ 508,123  
 
BOSTON SCIENTIFIC
$525,000 principal, 5.45%, due 6/15/2014
     561,124  
 
BOSTON SCIENTIFIC
$4,355,000 principal, 6.25%, due 11/15/2015
     4,828,449  
 
BOSTON SCIENTIFIC
$1,225,000 principal, 6.4%, due 6/15/2016
     1,373,694  
 
BRFKREDIT AS FRN 144A
$600,000 principal, 0.817%, due 4/15/2013
     600,092  
 
BURLINGTON 00-1
$73,621 principal, 8.251%, due 1/15/2021
     89,096  
 
BURLINGTON NO 99-2
$263,354 principal, 7.57%, due 1/2/2021
     329,881  
 
BURLINGTON NOR
$1,500,000 principal, 5.05%, due 3/01/2041
     1,660,004  
 
BURLINGTON NOR MTN
$1,965,000 principal, 4.7%, due 10/1/2019
     2,204,551  
 
BURLINGTON NORTH
$200,000 principal, 4.3%, due 7/01/2013
     209,136  
 
BURLINGTON NORTH SAN
$1,400,000 principal, 4.1%, due 6/1/2021
     1,510,137  
 
BURLINGTON NORTH SAN
$5,571,000 principal, 7%, due 2/1/2014
     6,242,551  
 
BURLINGTON/SANTA
$2,375,000 principal, 4.875%, due 1/15/2015
     2,588,489  
 
CAMERON INTL
$300,000 principal, 5.95%, due 6/1/2041
     344,817  
 
CAN NATURL RES GLB
$900,000 principal, 6.25%, due 3/15/2038
     1,136,444  
 
CANADA NAT RES
$200,000 principal, 6.75%, due 2/01/2039
     268,974  
 
CAPITAL ONE FIN
$2,090,000 principal, 3.15%, due 7/15/2016
     2,099,384  
 
CAPITAL ONE FIN
$600,000 principal, 4.75%, due 7/15/2021
     617,232  
 
CAPITAL ONE FIN
$3,695,000 principal, 6.75%, due 9/15/2017
     4,141,301  
 
CAPITAL ONE FIN
$7,815,000 principal, 7.375%, due 5/23/2014
     8,587,380  
 
CATERPILLAR
$3,100,000 principal, 1.375%, due 5/27/2014
     3,136,831  
 
CATERPILLAR FIN MTN
$5,000,000 principal, 1.375%, due 5/20/2014
     5,063,185  
 
CENOVUS ENERGY
$100,000 principal, 6.75%, due 11/15/2039
     132,093  
 
CENTERPOINT ENG
$300,000 principal, 5.85%, due 1/15/2041
     345,070  
 
CHUBB CORP
$100,000 principal, 6.5%, due 5/15/2038
     128,353  
 
CIGNA
$8,400,000 principal, 2.75%, due 11/15/2016
     8,383,486  
 
CIGNA
$425,000 principal, 8.5%, due 5/01/2019
     532,215  
 
CIGNA CORP
$1,475,000 principal, 6.15%, due 11/15/2036
     1,579,535  
 
CIGNA MTN
$1,885,000 principal, 5.125%, due 6/15/2020
     2,031,777  
 
CIT 144A
$200,000 principal, 5.25%, due 4/01/2014
     199,250  
 
CITIGROUP
$300,000 principal, 2.027%, due 1/13/2014
     291,739  
 
CITIGROUP
$1,475,000 principal, 2.203%, due 5/15/2018
     1,268,264  
 
CITIGROUP
$1,600,000 principal, 4.587%, due 12/15/2015
     1,610,523  
 
CITIGROUP
$13,775,000 principal, 4.75%, due 5/19/2015
     13,952,904  
 
CITIGROUP
$10,000,000 principal, 5.5%, due 4/11/2013
     10,210,230  
 
CITIGROUP
$400,000 principal, 5.875%, due 5/29/2037
     398,822  
 
CITIGROUP
$3,350,000 principal, 6.125%, due 11/21/2017
     3,576,105  
 
CITIGROUP
$200,000 principal, 6.875%, due 3/05/2038
     219,361  
 
CITIGROUP MTN
$1,275,000 principal, 6.01%, due 1/15/2015
     1,332,182  
 
 
60
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Corporate debt (continued)
          
 
CITIGROUP MTN
$1,700,000 principal, 8.125%, due 7/15/2039
   $ 2,078,029  
 
CITIGROUP MTN
$300,000 principal, 8.5%, due 5/22/2019
     353,027  
 
CLECO PWR LLC
$100,000 principal,  6%, due 12/1/2040
     121,760  
 
COMCAST
$6,000,000 principal, 5.85%, due 11/15/2015
     6,827,568  
 
COMCAST CORP
$675,000 principal, 5.9%, due 3/15/2016
     772,745  
 
COMCAST CORP
$300,000 principal, 6.3%, due 11/15/2017
     354,928  
 
COMCAST CORP
$100,000 principal, 6.55%, due 7/1/2039
     123,076  
 
COMCAST CORP
$30,000 principal, 6.95%, due 8/15/2037
     38,103  
 
COMCAST GLB
$2,125,000 principal, 5.875%, due 2/15/2018
     2,456,426  
 
COMCAST MTN
$1,200,000 principal, 6.4%, due 3/01/2040
     1,488,869  
 
COMET 2006-A5 A5
$10,000,000 principal, 0.302%, due 1/15/2016
     9,981,298  
 
COMNI 2009-A8
$6,700,000 principal, 2.342%, due 5/16/2016
     6,741,150  
 
COMWLTH EDISON
$2,000,000 principal, 1.625%, due 1/15/2014
     2,014,708  
 
CONOCOPHILLIPS MTN
$6,000,000 principal, 4.6%, due 1/15/2015
     6,636,912  
 
CONSOLIDAT EDISON
$200,000 principal, 6.75%, due 4/1/2038
     279,529  
 
COVIDIEN INT
$500,000 principal, 6%, due 10/15/2017
     592,648  
 
COX COM 144A
$1,000,000 principal, 9.375%, due 1/15/2019
     1,352,317  
 
COX COMMUN
$4,650,000 principal, 5.45%, due 12/15/2014
     5,162,332  
 
COX COMMUN
$4,205,000 principal, 5.5%, due 10/01/2015
     4,732,412  
 
COX COMMUN 144A
$2,525,000 principal, 5.875%, due 12/1/2016
     2,915,895  
 
COX COMMUN 144A
$1,200,000 principal, 6.45%, due 12/1/2036
     1,289,272  
 
CREDIT SUISSE MTN
$9,095,000 principal, 5.5%, due 5/1/2014
     9,454,562  
 
CREDIT SUISSE NY
$2,500,000 principal, 2.2%, due 1/14/2014
     2,472,710  
 
CROWN CSTL MTN 144A
$735,000 principal, 6.113%, due 1/15/2020
     810,693  
 
CSN RESOURCES SA 144A
$200,000 principal, 6.5%, due 7/21/2020
     209,000  
 
CSX CORP
$230,000 principal, 6.15%, due 5/1/2037
     276,088  
 
CSX CORP MTN
$500,000 principal, 5.5%, due 4/15/2041
     565,220  
 
CSX TRANSN
$660,303 principal, 8.375%, due 10/15/2014
     751,847  
 
CVS CAREM 144A
$192,790 principal,7.507, due 1/1/2032
     222,985  
 
CVS PASS THRU 144A
$400,000 principal, 5.926%, due 1/10/2034
     412,780  
 
DCENT 2007-A2
$10,000,000 principal, 0.814%, due 6/15/2015
     10,027,589  
 
DCENT 2009-A2
$5,000,000 principal, 1.542%, due 2/17/2015
     5,038,070  
 
DEUTSCHE TEL GLB
$1,000,000 principal, 8.75%, due 6/15/2030
     1,393,000  
 
DEXIA CR 144A
$800,000 principal, 0.644%, due 1/12/2012
     799,875  
 
DISCOVERY COMML
$400,000 principal, 4.375%, due 6/15/2021
     422,073  
 
DOW CHEMICAL
$650,000 principal, 7.375 %, due 11/01/2029
     823,766  
 
DOW CHEMICAL
$2,516,000 principal, 8.55%, due 5/15/2019
     3,290,805  
 
DOW CHEMICAL
$1,250,000 principal,  9.4%, due 5/15/2039
     1,875,813  
 
DOW CHEMICAL COMPANY
$775,000 principal, 5.7%, due 5/15/2018
     863,156  
 
 
61
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Corporate debt (continued)
          
 
DOW CHEMICAL MTN
$5,778,000 principal, 5.9%, due 2/15/2015
   $ 6,430,226  
 
DUKE ENERGY CAR
$100,000 principal, 6.05%, due 4/15/2038
     130,662  
 
EDF SA 144A
$100,000 principal, 6.95%, due 1/26/2039
     117,489  
 
ENBRIDGE ENERGY
$100,000 principal, 7.5%, due 4/15/2038
     132,269  
 
ENCANA CORP
$1,000,000 principal, 5.15%, due 11/15/2041
     1,018,847  
 
ENCANA CORP
$200,000 principal, 6.5%, due 8/15/2034
     233,235  
 
ENEL FIN INTL
$3,000,000 principal, 5.7%, due 1/15/2013
     3,011,430  
 
ENERGY TRAN PTNR
$100,000 principal, 6.625%, due 10/15/2036
     104,981  
 
ENERGY TRANSFER
$500,000 principal, 7.5%, due 7/01/2038
     569,948  
 
ENTERPRISE PRODS
$10,000 principal, 5.75%, due 3/1/2035
     10,613  
 
FED DEPT ST
$2,895,000 principal, 6.9%, due 4/01/2029
     3,179,749  
 
FEDEX CORP
$3,050,000 principal, 7.375%, due 1/15/2014
     3,408,134  
 
FIRSTENERGY GL
$210,000 principal, 7.375%, due 11/15/2031
     257,873  
 
FLORIDA PWR & LT
$100,000 principal, 5.95%, due 2/1/2038
     130,864  
 
FLORIDA PWR
$110,000 principal, 6.35%, due 9/15/2037
     147,437  
 
FORD MTR CR
$1,700,000 principal, 8.7%, due 10/01/2014
     1,895,500  
 
FORD MTR CR GLB
$100,000 principal, 7%, due 10/01/2013
     106,500  
 
FORD MTR CR LLC
$4,875,000 principal, 5.625%, due 9/15/2015
     4,972,500  
 
FORD MTR CR LLC
$2,500,000 principal, 5.75%, due 2/01/2021
     2,550,000  
 
FORD MTR CR LLC
$400,000 principal, 7.8%, due 6/01/2012
     412,000  
 
FORD MTR CREDIT CO LLC
$100,000 Principal, 8%, due 6/1/2014
     108,859  
 
FRANCE TELECOM STEP
$200,000 principal, 8.5%, due 3/1/2031
     284,777  
 
GAZ CAP SA LU 144A
$1,100,000 principal, 5.092%, due 11/29/2015
     1,112,870  
 
GAZ CAP REGS
$100,000 principal, 6.51%, due 3/7/2022
     101,500  
 
GAZ CAPITAL REGS
$300,000 principal, 8.625%, due 4/28/2034
     351,750  
 
GAZ CAPITAL SA  REGS
$100,000 principal, 9.25%, due 4/23/2019
     118,890  
 
GE CAP CORP
$300,000 principal, 5.875%, due 1/14/2038
     317,314  
 
GE CAP MTN
$6,400,000 principal, 3.5%, due 6/29/2015
     6,711,789  
 
GE CAP MTN
$2,950,000 principal, 5.5%, due 1/08/2020
     3,244,802  
 
GE CAP MTN S
$1,100,000 principal, 6.75%, due 3/15/2032
     1,286,080  
 
GE ELEC CAP
$12,500,000 principal, 2.1%, due 1/07/2014
     12,688,363  
 
GECAP
$100,000 principal, 6.15%, due 8/07/2037
     109,199  
 
GECAP MTN
$875,000 principal, 5.9%, due 5/13/2014
     958,365  
 
GECAP MTN
$100,000 principal, 6.875%, due 1/10/2039
     119,594  
 
GEMNT 2011-1 A
$10,000,000 principal, 5.25%, due 10/15/2013
     10,063,869  
 
GENERAL ELEC MTN 3.35
$5,040,000 principal, 3.35%, due 10/17/2016
     5,249,810  
 
GEORGIA PAC 144A
$600,000 principal, 5.4%, due 11/1/2020
     657,000  
 
GERDAU TRDE 144A
$1,600,000 principal, 5.75%, due 1/30/2021
     1,586,000  
 
GMAC LLC
$200,000 principal,  6.75%, due 12/01/2014
     201,000  
 
 
62
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Corporate debt (continued)
          
 
GMAC LLC
$250,000 principal, 6.875%, due 8/28/2012
   $ 253,125  
 
GOLDMAN SACH GLB
$10,000,000 principal, 5.25%, due 10/15/2013
     10,204,720  
 
GOLDMAN SACHS
$310,000 principal, 6.125%, due 2/15/2033
     299,932  
 
GOLDMAN SACHS FRN
$200,000 principal, 0.961%, due 7/22/2015
     175,048  
 
GOLDMAN SACHS GLB
$1,500,000 principal,  7.5%, due 2/15/2019
     1,656,153  
 
GOLDMAN SACHS MTN
$1,700,000 principal, 3.7%, due 8/1/2015
     1,665,772  
 
GSINC
$300,000 principal, 1.080%, due 1/12/2015
     265,946  
 
GSINC
$100,000 principal, 6.75%, due 10/01/2037
     92,910  
 
GSINC FRN
$1,000,000 principal, 1.176%, due 9/29/2014
     907,785  
 
HBOS PLC 144A
$250,000 principal, 6%, due 11/1/2033
     152,752  
 
HBOS PLC 144A
$200,000 principal,  6.75%, due 5/21/2018
     160,319  
 
HCA INC
$680,000 principal, 6.3%, due 10/01/2012
     691,900  
 
HCP INC
$500,000 principal, 6.75%, due 2/1/2041
     564,260  
 
HEALTHNET
$1,025,000 principal, 6.375%, due 6/1/2017
     1,066,000  
 
HEINZ HJ FIN 144A
$200,000 principal, 7.125%, due 8/1/2039
     275,416  
*
HEWLETT-PACKARD CO
$1,325,000 principal, 3.3%, due 12/09/2016
     1,353,269  
*
HEWLETT-PACKARD CO
$3,300,000 principal,  6.125%, due 3/1/2014
     3,558,595  
*
HEWLETT-PACKARD CO
$3,600,000 principal, 2.65%, due 6/1/2016
     3,572,827  
 
HOUSEHOLD GLBL
$5,150,000 principal, 4.75%, due 7/15/2013
     5,259,504  
 
HSBC BANK USA
$30,000 principal, 5.875%, due 11/1/2034
     28,896  
 
HSBC BK USA
$3,647,000 principal, 4.625%, due 4/1/2014
     3,726,866  
 
HSBC BNK PLC MTN 144A
$2,337,000 principal, 3.5%, due 6/28/2015
     2,356,252  
 
HSBC HLDGS
$1,950,000 principal, 6.5%, due 5/02/2036
     1,967,170  
 
HSBC HLDGS
$850,000 principal, 6.5%, due 9/15/2037
     837,684  
 
HSBC HLDGS PLC
$1,350,000 principal, 5.1%, due 4/05/2021
     1,433,970  
 
HSBC HLDGS PLC
$200,000 principal, 6.85, due 6/01/2038
     206,815  
 
ICICI BANK 144
$600,000 principal,  6.625%, due 10/3/2012
     614,373  
 
ING BANK NV 144A
$900,000 principal, 1.875%, due 6/9/2014
     862,012  
 
ING BK NV 144A
$6,650,000 principal, 3.9%, due 3/19/2014
     7,016,581  
 
INTL LEASE FIN
$200,000 principal, 6.375%, due 3/25/2013
     199,000  
 
JP MORGAN CH XVII
$925,000 principal, 5.85%, due 8/1/2035
     930,282  
 
JPMC CAP XXII
$200,000 principal, 6.45%, due 2/02/2037
     200,000  
 
JPMC CO
$1,400,000 principal, 4.4%, due 7/22/2020
     1,429,196  
 
JPMC CO
$1,500,000 principal, 6.4%, due 5/15/2038
     1,738,235  
 
JPMC CO MTN
$10,000,000 principal, 2.05%, due 1/24/2014
     10,008,570  
 
JPMC CO MTN
$100,000 principal, 6.3%, due 4/23/2019
     113,230  
 
JPMORGAN CHASE & CO
$7,955,000 principal, 3.45%, due 3/1/2016
     8,083,457  
 
JPMORGAN CHASE
$1,550,000 principal, 4.95%, due 3/25/2020
     1,646,889  
 
JPMORGAN CHASE
$200,000 principal, 5.4%, due 1/06/2042
     208,308  
 
 
63
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Corporate debt (continued)
          
 
KAUPTHING MTN 144A
$1,125,000 principal, 7.125%, due 5/19/2016
   $ 5,738  
 
KINDER MORGAN
$200,000 principal, 5.8%, due 3/15/2035
     205,746  
 
KOREA NATL HSG
$2,575,000 principal, 4.875%, due 9/10/2014
     2,696,697  
 
KRAFT FOODS
$1,295,000 principal, 6.5%, due 2/9/2040
     1,681,512  
 
KRAFT FOODS INC
$500,000 principal, 7%, due 8/11/2037
     666,790  
 
LAFARGE SA 144A
$9,350,000 principal, 5.5%, due 7/09/2015
     9,516,785  
 
LAFARGE SA
$1,470,000 principal, 6.5%, due 7/15/2016
     1,499,704  
 
LEH
$100,000 principal, 7.5%, due 5/11/2038
     10  
 
LENNAR CORP
$1,300,000 principal, 5.6%, due 5/31/2015
     1,287,000  
 
LIBERTY MEDIA
$90,000 principal, 8.25%, due 2/01/2030
     86,513  
 
LIBERTY MEDIA
$260,000 principal, 8.5%, due 7/15/2029
     252,200  
 
LIBERTY MUT 144A
$400,000 principal, 7.25%, due 9/1/2012
     412,318  
 
LLOYDS TSB MTN12/VAR 144A
$100,000 principal, 12%, due 12/31/2049
     91,596  
 
MACYS RETAIL HL
$275,000 principal, 8.375%, due 7/15/2029
     317,554  
 
MAJAPAHIT HLDG REGS
$1,000,000 principal, 7.75%, due 1/20/2020
     1,161,250  
 
MAY DEPT
$100,000 principal, 6.7%, due 7/15/2034
     110,204  
 
MAY DEPT STORES
$1,461,000 principal, 6.7%, due 9/15/2028
     1,524,194  
 
MAY DEPT STORES
$100,000 principal, 6.9%, due 1/15/2032
     108,847  
 
MAY DEPT STR GLBL
$675,000 principal, 6.65%, due 7/15/2024
     752,528  
 
MBNAS 2006-A5
$5,736,000 principal, 0.3213%, due 10/15/2015
     5,732,163  
 
MERRILL LYN CO
$800,000 principal, 5.45%, due 2/05/2013
     805,883  
 
MERRILL LYN CO
$8,250,000 principal, 6.15%, due 4/25/2013
     8,328,128  
 
MERRILL LYNCH
$3,000,000 principal, 6.875%, due 11/15/2018
     2,891,445  
 
MET LIFE GLBL MTN 144A
$12,500,000 principal, 2%, due 1/10/2014
     12,575,750  
 
METLIFE INC
$900,000 principal, 6.375%, due 6/15/2034
     1,062,123  
 
MORGAN STANLEY
$5,000,000 principal, 5.3 %, due 3/01/2013
     5,061,650  
 
MORGAN STANLEY
$500,000 principal, 7.3%, due 5/13/2019
     509,081  
 
MORGAN STANLEY GLB
$1,500,000 principal, 6%, due 4/28/2015
     1,502,834  
 
MORGAN STANLEY GLB
$100,000 principal, 6.625%, due 4/1/2018
     98,719  
 
MSTDW
$700,000 principal, 7.25%, due 4/01/2032
     712,814  
 
NBCUNIVERSAL MED
$400,000 principal, 5.95%, due 4/1/2041
     469,253  
 
NBCUNIVERSAL MED
$200,000 principal, 6.4%, due 4/30/2040
     245,417  
 
NEWMONT MINING
$500,000 principal, 6.25%, due 10/1/2039
     590,910  
 
NEWS AMER INC
$1,375,000 principal, 6.65%, due 11/15/2037
     1,555,140  
 
NGPL PIPECO 144A
$1,000,000 principal, 7.768%, due 12/15/2037
     906,725  
 
NOKIA CORP
$100,000 principal, 6.625%, due 5/15/2039
     95,716  
 
NORDEA BK AG 144A
$4,000,000 principal, 2.125%, due 1/14/2014
     3,923,364  
 
NORDEA BK FRN 144A
$1,100,000 principal, 1.467%, due 1/14/2014
     1,074,753  
 
NORDSTROM
$500,000 principal, 6.95%, due 3/15/2028
     624,764  
 
 
64
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Corporate debt (continued)
          
 
NORDSTROM GLB
$800,000 principal, 6.25%, due 1/15/2018
   $ 945,931  
 
NORDSTROM MTN
$1,941,000 principal, 6.75%, due 6/1/2014
     2,176,901  
 
NORFOLK SOUTHERN
$475,000 principal, 7.7%, due 5/15/2017
     609,727  
 
NORFOLKS MTN
$175,000 principal, 5.9%, due 6/15/2019
     212,574  
 
NWSTRN MUT 144A
$100,000 principal, 6.063%, due 3/30/2040
     119,814  
 
OMX TIMBER VAR 144A
$1,000,000 principal, 5.42%, due 1/29/2020
     1,041,700  
 
ONEOK PARTNERS
$100,000 principal, 6.85%, due 10/15/2037
     121,207  
 
ONTARIO PROVINCE
$200,000 principal, 4.4%, due 4/14/2020
     227,800  
 
PACIFIC GAS & ELE
$500,000 principal, 6.25%, due 3/1/2039
     643,169  
 
PACIFIC LIF INS 144A
$1,100,000 principal, 9.25%, due 6/15/2039
     1,462,575  
 
PETROBRAS INTL
$200,000 principal, 6.875%, due 1/20/2040
     228,000  
 
PETROLEOS MEXICANOS
$100,000 principal, 8%, due  5/3/2039
     124,750  
 
PETROLEOS MX 144A
$1,000,000 principal, 6.5%, due 6/2/2041
     1,120,000  
 
PFIZER
$600,000 principal, 7.2%, due  3/15/2039
     884,105  
 
PG&E
$310,000 principal, 6.05%, due 3/01/2034
     383,072  
 
PHILIP MOR INT
$100,000 principal, 6.375%, due 5/16/2038
     130,126  
 
PHILIPS ELECT
$1,420,000 principal, 4.625%, due  3/11/2013
     1,482,371  
 
POTASH CORP
$200,000 principal, 5.625%, due 12/1/2040
     243,717  
 
PPG INDUSTRS
$200,000 principal, 5.5%, due 11/15/2040
     231,166  
 
PRIDE INTL
$700,000 principal, 7.875%, due 8/15/2040
     910,295  
 
PRIVATE EXPORT
$800,000 principal, 4.3%, due 12/15/2021
     927,487  
 
PROGRESS ENERGY
$100,000 principal, 7.75%, due 3/01/2031
     141,796  
 
PROVIDENT COMPA
$471,000 principal, 7.25%, due 3/15/2028
     502,233  
 
PROVIDENT COS
$300,000 principal, 7%, due 7/15/2018
     326,149  
 
PRUDENTIAL FINAN
$200,000 principal, 6.2%, due 11/15/2040
     208,909  
 
PUGET ENERGY IN
$300,000 principal, 6%, due 9/01/2021
     310,416  
 
RABOBANK NL UTREC MTN
$10,000,000 principal, 1.85%, due 1/10/2014
     9,949,500  
 
RABOBANK NLD MTN
$800,000 principal, 5.25%, due 5/24/2041
     782,718  
 
RAYTHEON
$1,750,000 principal, 1.625%, due 10/15/2015
     1,762,309  
 
RBS PLC
$3,425,000 principal, 4.375%, due 3/16/2016
     3,268,039  
 
RBS PLC
$2,150,000 principal, 6.125%, due 1/11/2021
     2,120,313  
 
RCI BANQUE SA 144A
$2,000,000 principal, 3.4%, due 4/11/2014
     1,950,966  
 
REED ELSEVIER
$5,520,000 principal, 7.75%, due 1/15/2014
     6,159,360  
 
REED ELSEVIER C
$1,850,000 principal, 8.625%, due 1/15/2019
     2,308,325  
 
REPUBLIC NY
$550,000  principal, 9.5%, due 4/15/2014
     605,427  
 
ROCKIES EXP 144A
$900,000 principal, 6.875%, due 4/15/2040
     826,653  
 
ROYAL BK OF SCOT
$6,310,000 principal, 3.25%, due 1/11/2014
     6,047,037  
 
ROYAL BK OF SCOT MTN
$550,000 principal, 5.625%, due 8/24/2020
     527,342  
 
ROYAL BK OF SCTLD
$200,000 principal, 1.461%, due 4/23/2012
     200,291  
 
 
65
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Corporate debt (continued)
          
 
ROYAL BK SCT 144A
$400,000 principal, 0.751%, due 3/30/2012
   $ 399,933  
 
SBAP 2004-20L 1
$64,304 principal, 4.87%, due 12/1/2024
     71,224  
 
SBAP 2005-20A 1
$33,312 principal, 4.86%, due 1/1/2025
     36,535  
 
SBAP 2005-20E 1
$27,458 principal, 4.84%, due 5/1/2025
     30,161  
 
SBAP 2006-20J 1
$625,124 principal, 5.37%, due 10/1/2026
     698,585  
 
SBAP 2006-20L 1
$654,070 principal, 5.12%, due 12/1/2026
     727,621  
 
SHELL INTL FIN
$6,800,000 principal, 3.1%, due 6/28/2015
     7,291,762  
 
SHELL INTL FIN
$100,000 principal, 5.5%, due  3/25/2040
     124,700  
 
SLM CORP MTN
$1,000,000 principal, 8%, due 3/25/2020
     1,010,000  
 
SLM MEDIUM
$2,000,000 principal, 8.45%, due 6/15/2018
     2,060,000  
 
SLM MTN
$300,000 principal, 5.625%, due 8/01/2033
     223,460  
 
SLMA 2006-3 A4 3ML+8
$675,182 principal, 0.640%, due 7/25/2019
     668,917  
 
SLMA 2007-2 A2 3ML
$936,066 principal, 0.560%, due 7/25/2017
     928,225  
 
SLMA 2008-5 A2
$13,989,123 principal, 1.66%, due 10/25/2016
     14,098,975  
 
SLMA 2008-9 A
$226,268 principal, 2.060%, due 4/25/2023
     231,474  
 
SOUTHERN CAL ED
$100,000 principal, 5.55%, due 1/15/2037
     122,972  
 
SOUTHERN CAL ED
$130,000 principal, 5.625%, due 2/1/2036
     160,675  
 
SPRINT CAP CRP
$200,000 principal, 6.875%, due 11/15/2028
     143,240  
 
SPRINT CAP GLBL
$250,000 principal, 6.9%, due 5/01/2019
     205,625  
 
SPRINT NEXTEL
$2,125,000 principal, 6%, due 12/01/2016
     1,763,750  
 
SSIF NV LP 144A
$1,800,000 principal, 1.267%, due 4/14/2014
     1,771,454  
 
ST PAUL COS
$1,310,000 principal, 6.25%, due 6/20/2016
     1,526,796  
 
ST PAUL TRAVELERS
$3,785,000 principal, 5.5%, due 12/01/2015
     4,246,766  
 
STATOIL ASA
$400,000 principal, 4.25%, due 11/23/2041
     416,831  
 
STONE STRT TR 144A
$1,500,000 principal, 5.902%, due 12/15/2015
     1,378,095  
 
SUMITOMO BK 144A
$10,000,000 principal, 1.95%, due 1/14/2014
     10,118,200  
 
TARGET CORP GLB
$100,000 principal, 7%, due 1/15/2038
     139,527  
 
TEACHERS INS
$100,000 principal, 6.85%, due 12/16/2039
     128,105  
 
TELECOM ITALI
$850,000 principal, 6.999%, due 6/4/2018
     794,463  
 
TELECOM ITALIA
$825,000 principal, 5.25%, due 11/15/2013
     792,592  
 
TELECOM ITALIA CAP
$1,575,000 principal, 7.175%, due 6/18/2019
     1,475,531  
 
TENN VLY AUTH
$100,000 principal, 4.625%, due 9/15/2060
     119,071  
 
TIME WARNER
$9,700,000 principal, 3.15%, due 7/15/2015
     10,090,842  
 
TIME WARNER
$100,000 principal, 6.2%, due 3/15/2040
     117,570  
 
TIME WARNER CAB
$600,000 principal, 5.875%, due 11/15/2040
     648,143  
 
TIME WARNER CAB
$825,000 principal, 8.75%, due 2/14/2019
     1,053,174  
 
TIME WARNER CBL
$200,000 principal, 6.55%, due 5/1/2037
     227,097  
 
TIME WARNER MTN
$7,950,000 principal, 7.5%, due 4/1/2014
     8,902,187  
 
TIME WARNER MTN
$2,775,000 principal, 8.25%, due 4/1/2019
     3,484,443  
 
 
66
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Corporate debt (continued)
          
 
TIME WARNER
$900,000 principal, 5.375%, due 10/15/2041
   $ 972,928  
 
TIME WARNER
$900,000 principal, 6.1%, due 7/15/2040
     1,053,106  
 
TIME WARNER
$100,000 principal, 6.25%, due 3/29/2041
     119,667  
 
TRANSCANADA PIPE
$100,000 principal, 7.625%, due 1/15/2039
     143,964  
 
TRANS-CANADA PL GLB
$200,000 principal, 7.25%, due 8/15/2038
     275,947  
 
TRANSNEFT  REGS
$200,000 principal, 7.7%, due 8/07/2013
     215,536  
 
TRANSOCEAN
$800,000 principal, 6.8%, due 3/15/2038
     805,071  
 
TRAVELERS COS
$1,000,000 principal, 3.9%, due 11/01/2020
     1,064,661  
 
TRAVELERS MTN
$150,000 principal, 5.75%, due 12/15/2017
     175,131  
 
TRAVELERS PPTY
$1,800,000 principal, 5%, due 3/15/2013
     1,877,882  
 
UBS AG STAM NT
$100,000 principal, 5.75%, due 4/25/2018
     103,580  
 
UBS AG STAMFORD
$3,000,000 principal, 2.25%, due 1/28/2014
     2,919,645  
 
UNION PAC
$2,149,331 principal, 6.176%, due 1/2/2031
     2,657,998  
 
UNION PAC 6 TR
$568,652 principal, 5.866%, due 7/02/2030
     659,516  
 
UNION PAC
$100,000 principal, 6.15%, due 5/1/2037
     124,305  
 
UNION PACIFIC
$9,365,000 principal, 4.875%, due 1/15/2015
     10,270,773  
 
UNION PACIFIC 99-A
$223,208 principal, 7.6%, due 1/2/2020
     268,860  
 
UNION PACIFIC PTC
$744,249 principal, 4.698%, due 1/2/2024
     829,266  
 
UNION PACIFIC PTC
$260,383 principal, 5.082%, due 1/2/2029
     291,979  
 
UNITED MEXICAN
$800,000 principal, 5.125%, due 1/15/2020
     916,000  
 
UNITEDHEALTH
$400,000 principal, 4.625%, due 11/15/2041
     419,687  
 
UNUM CORP
$191,000 principal, 6.75%, due 12/15/2028
     201,358  
 
UNUMPROVIDENT 144A
$125,000 principal, 6.85%, due 1/15/2015
     138,150  
 
UPAC
$700,000 principal, 4.163%, due 7/15/2022
     759,440  
 
USCOUP
$100,000 principal, 0.0%, due 5/15/2037
     45,873  
 
VALE OVERSEAS
$200,000 principal, 6.875%, due 11/10/2039
     228,685  
 
VERIZON COM 144A
$2,350,000 principal, 1.95%, due 3/28/2014
     2,398,805  
 
VERIZON COM
$400,000 principal, 6.9%, due 4/15/2038
     533,671  
 
VERIZON COM
$300,000 principal, 7.35%, due 4/1/2039
     418,644  
 
VERIZON COMMUNC
$700,000 principal, 6%, due 4/01/2041
     866,191  
 
VERIZON GLBL
$130,000 principal, 5.85%, due 9/15/2035
     155,042  
 
VIRGINIA ELEC PWR CO
$240,000 principal, 6%, due 5/15/2037
     305,809  
 
VODAFONE
$200,000 principal, 6.15%, due 2/27/2037
     248,427  
 
VULCAN MATERIAL
$525,000 principal, 6.5%, due 12/01/2016
     542,062  
 
VULCAN MATERIAL
$1,225,000 principal, 7.5%, due 6/15/2021
     1,323,000  
 
WACHOVIA BK NA
$300,000 principal, 5.85%, due 2/1/2037
     313,426  
 
WACHOVIA MTN
$550,000 principal, 5.75%, due 2/1/2018
     624,650  
 
WALMART
$1,000,000 principal, 6.2%, due 4/15/2038
     1,340,364  
 
WALMART
$400,000 principal, 6.5%, due 8/15/2037
     551,564  
 
 
67
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Corporate debt (continued)
          
 
WALMART STORES
$900,000 principal, 5.625%, due 4/15/2041
   $ 1,160,733  
 
WELLPOINT GLB
$200,000 principal, 5.875%, due 6/15/2017
     230,507  
 
WELLPOINT GLBL
$4,150,000 principal, 5%, due 12/15/2014
     4,534,867  
 
WELLPOINT GLBL
$4,800,000 principal, 5.25%, due 1/15/2016
     5,374,872  
 
WELLPOINT INC
$900,000 principal, 6%, due 2/15/2014
     981,122  
 
WELLPOINT INC
$1,835,000 principal, 7%, due 2/15/2019
     2,213,423  
 
WELLS FARGO MTN
$6,000,000 principal, 3.625%, due 4/15/2015
     6,282,042  
 
WELLS FARGO&COM
$1,000,000 principal, 3.676%, due 6/15/2016
     1,045,212  
 
WESTFIELD 144A
$5,000,000 principal, 5.125%, due 11/15/2014
     5,239,260  
 
WEYERHAEUSER
$1,100,000 principal, 7.375%, due 3/15/2032
     1,152,996  
 
WHITE NGT(GAZ) REGS
$100,000 principal, 10.5%, due 3/25/2014
     112,000  
 
WILLIAMS COS
$124,000 principal, 8.75%, due 3/15/2032
     162,244  
 
WILLIAMS COS GLB
$495,000 principal, 7.5%, due 1/15/2031
     602,441  
 
WILLIAMS PARTNER
$500,000 principal, 6.3%, due 4/15/2040
     608,499  
 
WOODSIDE FIN144A
$3,250,000 principal, 4.5%, due 11/10/2014
     3,422,412  
 
WYETH
$5,375,000 principal, 5.5%, due 2/01/2014
     5,892,983  
 
WYETH
$100,000 principal, 5.95%, due 4/01/2037
     127,857  
 
WYETH
$500,000 principal, 6.5%, due 2/01/2034
     675,221  
 
XEROX CORP
$650,000 principal, 6.35%, due 5/15/2018
     732,005  
 
XEROX CORP
$2,875,000 principal, 6.4%, due 3/15/2016
     3,217,539  
 
XEROX CORP
$875,000 principal, 6.75%, due 2/01/2017
     1,002,517  
 
XEROX MTN
$8,125,000 principal, 8.25%, due 5/15/2014
     9,169,095  
          753,362,249  
U.S. Government securities
          
 
CGCMT 2007-FL3A A1
$231,335 principal, 0.355%, due 4/15/2022
     227,646  
 
CWALT 2005-81 A1
$58,722 principal, 0.524%, due 2/25/2037
     28,605  
 
DBUBS 2011-LC2A A1FL CMBS
$864,757 principal, 1.605%, due 7/10/2044
     860,990  
 
ESA 10-ESHA A 144E
$97,997 principal, 2.951%, due 8/10/2035
     98,168  
 
FB 2005-1 A3
$400,000 principal, 5.278%, due 8/10/2035
     443,186  
 
FFCB
$25,000,000 principal, 1.125%, due 2/27/2014
     25,350,450  
 
FFCB
$600,000 principal, 5.160%, due 3/14/2022
     742,829  
 
FHLB 00-0606 Y
$271,593 principal, 5.270%, due 12/28/2012
     281,201  
 
FHLB SK-2015 1
$670,058 principal, 5.14%, due 8/18/2015
     721,587  
 
FHLG #E01444
$668,566 principal, 3.5%, due 8/1/2018
     702,842  
 
FHLG #E01401
$393,866 principal, 4%, due 6/1/2018
     414,298  
 
FHLG #E01418
$423,439 principal, 4%, due 7/1/2018
     445,649  
 
FHLG #E01606
$597,835 principal, 4.5%, due 4/1/2019
     638,166  
 
FHLG #G11896
$1,943,539 principal, 4.5%, due 1/1/2021
     2,066,697  
 
FHLG #G12471
$3,426,028 principal, 4.5%, due 12/1/2018
     3,635,098  
 
 
68
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
FHLG #B13067
$905,520 principal, 4.5%, due 3/1/2019
   $ 966,191  
 
FHLG #E02684
$2,693,876 principal, 4.5%, due 3/1/2025
     2,861,214  
 
FHLG #E97055
$891,293 principal, 4.5%, due 6/1/2018
     946,624  
 
FHLG #G12250
$998,924 principal, 4.5%, due 6/1/2021
     1,060,975  
 
FHLG #G12379
$758,981 principal, 4.5%, due 6/1/2021
     806,128  
 
FHLG #G13272
$924,888 principal, 4.5%, due 8/1/2020
     986,196  
 
FHLG #G12446
$1,043,435 principal, 4.5%, due 9/1/2020
     1,107,599  
 
FHLG #P60959
$6,975,042 principal, 4.5%, due 9/1/2020
     7,440,195  
 
FHLG #G13318
$1,703,978 principal, 5%, due 10/1/2020
     1,830,383  
 
FHLG #G12870
$208,418 principal, 5%, due 12/1/2021
     224,139  
 
FHLG #G11683
$243,415 principal, 5%, due 2/1/2020
     261,472  
 
FHLG #E95004
$2,530,986 principal, 5%, due 3/1/2018
     2,709,248  
 
FHLG #G11987
$1,209,019 principal, 5%, due 4/1/2021
     1,300,217  
 
FHLG #G18251
$503,645 principal, 5%, due 5/1/2023
     539,748  
 
FHLG #B15068
$919,539 principal, 5%, due 6/1/2019
     993,462  
 
FHLG #G13533
$538,194 principal, 5%, due 7/1/2018
     577,289  
 
FHLG #J08220
$4,174,715 principal, 5%, due 7/1/2023
     4,473,967  
 
FHLG #G18009
$988,120 principal, 5%, due 9/1/2019
     1,061,420  
 
FHLG #G12593
$382,318 principal, 5%, due 9/1/2021
     411,157  
 
FHLG #G13493
$3,408,643 principal, 5.5%, due 1/1/2024
     3,690,122  
 
FHLG #G12454
$476,587 principal, 5.5%, due 11/1/2021
     515,793  
 
FHLG #G12717
$831,164 principal, 5.5%, due 11/1/2021
     899,280  
 
FHLG #G11805
$658,245 principal, 5.5%, due 12/1/2019
     710,564  
 
FHLG #G13774
$161,635 principal, 5.5%, due 12/1/2020
     175,238  
 
FHLG #G12922
$493,045 principal, 5.5%, due 12/1/2022
     533,451  
 
FHLG #G13857
$3,887,126 principal, 5.5%, due 12/1/2024
     4,206,902  
 
FHLG #G13889
$4,392,685 principal, 5.5%, due 12/1/2024
     4,755,425  
 
FHLG #G12578
$4,012,694 principal, 5.5%, due 2/1/2022
     4,344,055  
 
FHLG #G11941
$2,062,801 principal, 5.5%, due 4/1/2021
     2,231,854  
 
FHLG #G12609
$462,601 principal, 5.5%, due 4/1/2022
     500,657  
 
FHLG #G12649
$714,795 principal, 5.5%, due 5/1/2022
     773,821  
 
FHLG #G13645
$11,788,053 principal, 5.5%, due 5/1/2024
     12,757,804  
 
FHLG #G12322
$2,621,713 principal, 5.5%, due 7/1/2021
     2,836,570  
 
FHLG #G12679
$499,646 principal, 5.5%, due 8/1/2020
     543,550  
 
FHLG #G01749
$2,391,171 principal, 5.5%, due 1/1/2035
     2,597,709  
 
FHLG #G01665
$501,676 principal, 5.5%, due 3/1/2034
     545,165  
 
FHLG #G06020
$6,500,378 principal, 5.5%, due 12/1/2039
     7,039,507  
 
FHLG #G14160
$1,206,935 principal, 6%, due 1/1/2024
     1,297,503  
 
FHLG #J03686
$156,773 principal, 6%, due 11/1/2016
     168,534  
 
 
69
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
FHLG #G12834
$1,201,143 principal, 6%, due 11/1/2022
   $ 1,296,531  
 
FHLG #J06466
$1,369,437 principal, 6%, due 11/1/2022
     1,480,330  
 
FHLG #E02429
$125,127 principal, 6%, due 12/1/2022
     135,298  
 
FHLG #G11516
$477,015 principal, 6%, due 3/1/2018
     512,810  
 
FHLG #G11601
$242,159 principal, 6%, due 2/1/2019
     260,330  
 
FHLG #G12511
$1,172,766 principal, 6%, due 2/1/2022
     1,266,634  
 
FHLG #G12610
$166,864 principal, 6%, due 3/1/2022
     180,115  
 
FHLG #G13346
$1,180,667 principal, 6%, due 3/1/2023
     1,274,429  
 
FHLG #G12277
$319,584 principal, 6%, due 8/1/2021
     344,964  
 
FHLG #J05404
$1,495,965 principal, 6%, due 8/1/2022
     1,614,766  
 
FHLG #E01203
$270,860 principal, 6%, due 9/1/2017
     292,498  
 
FHLG #G02987
$3,296,173 principal, 6%, due 5/1/2037
     3,616,654  
 
FHLG #G04715
$12,230,525 principal, 6%, due 6/1/2038
     13,419,674  
 
FHLG #H09203
$599,909 principal, 6%, due 6/1/2038
     653,550  
 
FHLG #H09203
$715,498 principal, 6%, due 6/1/2038
     779,475  
 
FHLG #G03457
$1,223,108 principal, 6%, due 11/1/2037
     1,340,882  
 
FHLG #G06571
$2,133,840 principal, 6%, due 11/1/2037
     2,339,309  
 
FHLG #G12875
$938,218 principal, 6.5%, due 11/1/2022
     1,038,995  
 
FHLG #G12602
$904,638 principal, 6.5%, due 3/1/2022
     997,794  
 
FHLG #E00996
$375,508 principal, 6.5%, due 7/1/2016
     405,180  
 
FHLG #G13621
$1,060,471 principal, 6.5%, due 8/1/2021
     1,148,248  
 
FHLG #A64639
$707,295 principal, 6.5%, due 8/1/2037
     782,694  
 
FHLG #H09207
$1,358,881 principal, 6.5%, due 8/1/2038
     1,486,754  
 
FHLG #H09069
$542,401 principal, 6.5%, due 9/1/2037
     593,442  
 
FHLG #H09070
$366,573 principal, 6.5%, due 9/1/2037
     401,068  
 
FHLG #H09098
$519,279 principal, 6.5%, due 10/1/2037
     568,144  
 
FHLG #H09197
$921,063 principal, 6.5%, due 10/1/2038
     1,007,737  
 
FHLG #G01768
$597,061 principal, 6.5%, due 12/1/2031
     669,237  
 
FHLG #G01767
$885,101 principal, 6.5%, due 12/1/2032
     992,281  
 
FHLG #G06084
$11,142,586 principal, 6.5%, due 12/1/2038
     12,351,296  
 
FHLG #G04772
$308,994 principal, 7%, due 8/1/2038
     345,736  
 
FHLG 20YR C90871
$471,606 principal, 5%, due 12/1/2024
     508,991  
 
FHLG 20YR C90908
$426,344 principal, 5%, due 7/1/2025
     460,140  
 
FHLG 20YR C90946
$383,699 principal, 5.5%, due 1/1/2026
     416,810  
 
FHLG 20YR G30303
$388,496 principal, 5.5%, due 11/1/2023
     423,234  
 
FHLG 20YR C90676
$448,875 principal, 5.5%, due 5/1/2023
     489,012  
 
FHLM ARM 783058
$349,441 principal, 2.48%, due 3/1/2035
     365,684  
 
FHLM ARM 1K0164
$12,219,510 principal, 4.939%, due 4/1/2038
     13,049,624  
 
FHLM ARM 1Q0559
$11,784,466 principal, 5.201%, due 6/1/2038
     12,609,479  
 
 
70
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
FHLM ARM 1Q0480
$21,551,990 principal, 5.161%, due 2/1/2038
   $ 22,952,869  
 
FHLM ARM 1Q0092
$388,647 principal, 2.479%, due 3/1/2036
     406,861  
 
FHLM ARM 1Q0378
$7,993,422 principal, 5.543%, due 12/1/2037
     8,530,680  
 
FHLM ARM 1Q1101
$6,854,500 principal, 3.915%, due 8/1/2037
     7,300,042  
 
FHLM ARM 1Q0379
$5,792,302 principal, 5.741%, due 11/1/2037
     6,294,845  
 
FHLMC
$45,000,000 principal, 1.375%, due 2/25/2014
     45,737,415  
 
FHLMC
$100,000 principal, 6.75%, due 3/15/2031
     150,513  
 
FHLMC PRIN STRIP
$2,200,000 principal, 0.0%, due 3/15/2031
     1,110,976  
 
FHMS K702 A1
$7,790,096 principal, 2.084%, due 12/25/2017
     7,952,177  
 
FHMS K703 A1
$2,195,896 principal, 1.873%, due 1/25/2018
     2,225,559  
 
FHR 2091 PG
$1,837,715 principal, 6%, due 11/15/2028
     2,054,462  
 
FHR 2209 B
$1,001,504 principal, 7.5%, due 1/20/2030
     1,181,558  
 
FHR 2425 JH
$44,013 principal, 6%, due 3/15/2017
     47,511  
 
FHR 2456 CJ
$854,851 principal, 6.5%, due 6/15/2032
     965,998  
 
FHR 2523 UP
$161,736 principal, 5%, due 4/15/2022
     161,894  
 
FHR 2525 BG
$7,382,095 principal, 5.5%, due 7/15/2032
     7,855,466  
 
FHR 2534 EC
$177,788 principal, 5%, due 5/15/2022
     179,380  
 
FHR 2538 PE
$78,644 principal, 5.5%, due 9/15/2031
     79,008  
 
FHR 2543 LX
$521,195 principal, 5%, due 12/15/2017
     557,437  
 
FHR 2557 GU
$542,455 principal, 5%, due 1/15/2018
     580,566  
 
FHR 2558 JS
$51,662 principal, 4.5%, due 6/15/2022
     52,687  
 
FHR 2561 UE
$1,538,276 principal, 5.5%, due 6/15/2022
     1,579,296  
 
FHR 2568 GE
$483,368 principal, 5.5%, due 9/15/2031
     496,496  
 
FHR 2574 JM
$472,935 principal, 5%, due 12/15/2022
     493,045  
 
FHR 2575 KA
$472,314 principal, 5%, due 11/15/2017
     488,595  
 
FHR 2582 CB
$15,279,169 principal, 5%, due 3/15/2018
     16,380,470  
 
FHR 2582 PE
$142,252 principal, 5.5%, due 12/15/2031
     143,741  
 
FHR 2614 NA
$326,556 principal, 3.75%, due 4/15/2033
     332,672  
 
FHR 2617 VT
$399,904 principal, 5%, due 5/15/2014
     404,193  
 
FHR 2626 TB
$840,600 principal, 5%, due 6/15/2033
     915,949  
 
FHR 2628 AB
$943,615 principal, 4.5%, due 6/15/2018
     983,980  
 
FHR 2631 MC
$761,121 principal, 5%, due 2/15/2032
     784,060  
 
FHR 2646 HC
$285,299 principal, 5%, due 5/15/2029
     288,456  
 
FHR 2661 FG 1ML+45
$548,804 principal, 0.693%, due 3/15/2017
     551,080  
 
FHR 2663 ME
$4,900,000 principal, 5%, 8/15/2018
     5,369,862  
 
FHR 2666 OC
$923,537 principal, 5.5%, due 1/15/2022
     951,931  
 
FHR 2681 PD
$571,472 principal, 5%, due 8/15/2020
     571,373  
 
FHR 2683-JB
$2,440,000 principal, 4%, due 9/15/2018
     2,559,282  
 
FHR 2710 HJ
$284,854 principal, 4.75%, due 12/15/2022
     291,702  
 
 
71
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
FHR 2717 LG
$299,244 principal, 5.5%, due 4/15/2032
   $ 309,425  
 
FHR 2720 PC
$135,329 principal, 5%, due 12/15/2023
     145,529  
 
FHR 2723 EA
$288,204 principal, 5%, due 1/15/2018
     293,715  
 
FHR 2727 PD
$99,604 principal, 4.5%, due 6/15/2029
     101,004  
 
FHR 2765 CA
$291,548 principal, 4%, due 7/15/2017
     295,412  
 
FHR 2773 HJ
$815,820 principal, 4%, due 12/15/2017
     824,783  
 
FHR 2786 BC
$1,000,000 principal, 4%, due 4/15/2019
     1,060,309  
 
FHR 2795 CL
$41,575 principal, 4.5%, due 7/15/2017
     41,888  
 
FHR 2809 DB
$84,622 principal, 4.5%, due 7/15/2017
     84,494  
 
FHR 2843 VA
$82,189 principal, 5.5%, due 7/15/2015
     86,644  
 
FHR 2860 CA
$122,540 principal, 5%, due 1/15/2019
     126,308  
 
FHR 2864 NA
$571,331 principal, 5.5%, due 1/15/2031
     588,961  
 
FHR 2870 KC
$350,815 principal, 4.25%, due 5/15/2018
     355,409  
 
FHR 2886 BD
$475,180 principal, 4.5%, due 4/15/2019
     493,495  
 
FHR 2890 KA
$206,669 principal, 4.5%, due 3/15/2018
     209,372  
 
FHR 2890 KC
$607,424 principal, 4.5%, due 2/15/2019
     627,463  
 
FHR 2890 PC
$226,144 principal, 5%, due 7/15/2030
     229,286  
 
FHR 2892 AD
$88,884 principal, 5%, due 11/5/2024
     95,681  
 
FHR 2899 TC
$713,902 principal, 5%, due 4/15/2019
     740,653  
 
FHR 2922 Z
$885,454 principal, 5.5%, due 1/15/2032
     908,507  
 
FHR 2938 EB
$1,579,542 principal, 5%, due 2/15/2025
     1,702,566  
 
FHR 2951 MG
$91,043 principal, 5.5%, due 9/15/2022
     91,747  
 
FHR 2965 GC
$586,931 principal, 4.5%, due 11/15/2018
     601,397  
 
FHR 2975 OE
$945,862 principal, 5.5%, due 10/15/2031
     967,252  
 
FHR 2980 LC
$159,098 principal, 5.5%, due 8/15/2030
     159,554  
 
FHR 3070 QD
$48,040 principal, 5%, due 9/15/2028
     47,968  
 
FHR 3080 UA
$4,501 principal, 5.5%, due 3/15/2032
     4,499  
 
FHR 3113 QB
$76,343 principal, 5%, due 2/15/2029
     76,318  
 
FHR 3116 AC
$1,000,000 principal, 5.5%, due 12/15/2032
     1,014,161  
 
FHR 3138 GW
$240,045 principal, 5%, due 12/15/2023
     244,403  
 
FHR 3147 YE
$370,934 principal, 5.5%, due 7/15/2024
     379,024  
 
FHR 3197 D
$215,409 principal, 5%, due 3/15/2032
     216,194  
 
FHR 3200 DA
$329,005 principal, 5.5%, due 2/15/2034
     334,239  
 
FHR 3201 WA
$701,228 principal, 5.5%, due 8/15/2033
     717,482  
 
FHR 3284 EA
$281,807 principal, 5.5%, due 12/15/2019
     286,233  
 
FHR 3291 BY
$1,700,000 principal, 4.5%, due 3/15/2022
     1,857,637  
 
FHR 3294 DA
$367,843 principal, 4.5%, due 12/15/2020
     378,817  
 
FHR 3440 JA
$806,121 principal, 4.5%, due 10/15/2017
     839,518  
 
FHR 3451 AB
$216,107 principal, 5%, due 9/15/2034
     220,451  
 
 
72
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
FHR 3487 MA
$376,168 principal, 5.5%, due 11/15/2034
   $ 382,009  
 
FHRR R001 AE
$9,613 principal, 4.375%, due 4/15/2015
     9,599  
 
FICO
$700,000 principal, 0.0%, due 10/6/2016
     658,442  
 
FICO
$400,000 principal, 0.0%, due 12/27/2018
     347,155  
 
FNGT 2001-T10 A1
$133,694 principal, 7%, due 12/25/2041
     150,384  
 
FNGT 2001-T5 A2 CSTR
$426,900 principal, 6.991%, due 2/19/2030
     475,228  
 
FNMA #MA0583
$50.232 principal, 4%, due 12/1/2040
     52,762  
 
FNMA #AD0310
$3,068,461 principal, 7%, due 12/1/2038
     3,430,443  
 
FNMA #734741
$298,960 principal, 4%, due 10/1/2018
     315,326  
 
FNMA #555969
$561,718 principal, 4%, due 12/1/2018
     592,468  
 
FNMA #888226
$10,716,040 principal, 4%, due 3/1/2020
     11,309,233  
 
FNMA #888303
$263,386 principal, 4%, due 3/1/2022
     278,298  
 
FNMA #890134
$920,645 principal, 4%, due 3/1/2022
     973,344  
 
FNMA #731051
$219,224 principal, 4%, due 7/1/2018
     231,225  
 
FNMA #AE0968
$7,517,383 principal, 4%, due 7/1/2019
     7,928,901  
 
FNMA #745018
$625,698 principal, 4%, due 9/1/2020
     661,514  
 
FNMA #AE7264
$2,358,408 principal, 4%, due 1/1/2041
     2,477,200  
 
FNMA #AH1130
$50,197 principal, 4%, due 1/1/2041
     52,725  
 
FNMA #AH1315
$621,210 principal, 4%, due 1/1/2041
     652,500  
 
FNMA #AH3083
$860,554 principal, 4%, due 1/1/2041
     903,900  
 
FNMA #AH5122
$491,520 principal, 4%, due 1/1/2041
     516,277  
 
FNMA #AJ8023
$583,660 principal, 4%, due 1/1/2042
     613,788  
 
FNMA #AB2528
$1,046,612 principal, 4%, due 3/1/2041
     1,099,330  
 
FNMA #AH2753
$960,920 principal, 4%, due 4/1/2041
     1,009,321  
 
FNMA #AI2297
$967,631 principal, 4%, due 5/1/2041
     1,016,370  
 
FNMA #AE0113
$542,457 principal, 4%, due 7/1/2040
     569,780  
 
FNMA #AE0216
$600,159 principal, 4%, due 8/1/2040
     630,389  
 
FNMA #AI8713
$98,457 principal, 4%, due 8/1/2041
     103,416  
 
FNMA #AE3148
$818,261 principal, 4%, due 9/1/2040
     859,476  
 
FNMA #AE4749
$488,195 principal, 4%, due 9/1/2040
     512,786  
 
FNMA #AE5078
$529,924 principal, 4%, due 9/1/2040
     556,616  
 
FNMA #AE5296
$78,580 principal, 4%, due 9/1/2040
     82,538  
 
FNMA #AJ0770
$1,000,000 principal, 4%, due 9/1/2041
     1,051,151  
 
FNMA #AJ0784
$3,058,606 principal, 4%, due 9/1/2041
     3,215,057  
 
FNMA #AE2521
$318,582 principal, 4%, due 10/1/2040
     334,629  
 
FNMA #AE3571
$698,471 principal, 4%, due 10/1/2040
     733,653  
 
FNMA #AE4818
$54,954 principal, 4%, due 10/1/2040
     57,842  
 
FNMA #AI7593
$70,076 principal, 4%, due 10/1/2041
     73,693  
 
FNMA #MA0869
$7,827,303 principal, 4%, due 10/1/2041
     8,227,676  
 
 
73
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
FNMA #AE2662
$398,222 principal, 4%, due 11/1/2040
   $ 418,281  
 
FNMA #AE5147
$100,000 principal, 4%, due 11/1/2040
     105,037  
 
FNMA #AE7408
$511,705 principal, 4%, due 11/1/2040
     537,479  
 
FNMA #AE8873
$68,326 principal, 4%, due 11/1/2040
     71,767  
 
FNMA #AE9765
$71,630 principal, 4%, due 11/1/2040
     75,238  
 
FNMA #MA0561
$355,712 principal, 4%, due 11/1/2040
     373,629  
 
FNMA #AJ3087
$1,283,478 principal, 4%, due 11/1/2041
     1,349,731  
 
FNMA #AE0215
$644,892 principal, 4%, due 12/1/2039
     677,375  
 
FNMA #AE3170
$1,963,033 principal, 4%, due 12/1/2040
     2,061,910  
 
FNMA #AE7848
$301,430 principal, 4%, due 12/1/2040
     316,613  
 
FNMA #AE7858
$79,481 principal, 4%, due 12/1/2040
     83,484  
 
FNMA #AE8070
$27,236 principal, 4%, due 12/1/2040
     28,608  
 
FNMA #AH0152
$546,779 principal, 4%, due 12/1/2040
     574,320  
 
FNMA #AH0877
$673,003 principal, 4%, due 12/1/2040
     706,901  
 
FNMA #AH1104
$508,381 principal, 4%, due 12/1/2040
     533,988  
 
FNMA #AJ9272
$213,736 principal, 4%, due 12/1/2041
     224,769  
 
FNMA #MA0956
$40,055 principal, 4%, due 1/1/2042
     42,123  
 
FNMA #255547
$893,382 principal, 4.5%, due 1/1/2020
     953,343  
 
FNMA #357695
$531,595 principal, 4.5%, due 1/1/2020
     567,275  
 
FNMA #889907
$617,970 principal, 4.5%, due 10/1/2020
     659,834  
 
FNMA #735841
$386,932 principal, 4.5%, due 11/1/2019
     413,239  
 
FNMA #995574
$705,335 principal, 4.5%, due 11/1/2021
     753,117  
 
FNMA #995158
$1,652,513 principal, 4.5%, due 12/1/2020
     1,764,459  
 
FNMA #995465
$8,747,863 principal, 4.5%, due 12/1/2020
     9,340,468  
 
FNMA #995321
$427,286 principal, 4.5%, due 12/1/2021
     456,766  
 
FNMA #AD0646
$5,297,907 principal, 4.5%, due 3/1/2021
     5,653,491  
 
FNMA #770118
$727,664 principal, 4.5%, due 4/1/2019
     776,162  
 
FNMA #852931
$1,512,014 principal, 4.5%, due 4/1/2021
     1,616,332  
 
FNMA #889531
$691,083 principal, 4.5%, due 5/1/2022
     737,899  
 
FNMA #AE0731
$10,722,959 principal, 4.5%, due 5/1/2022
     11,437,634  
 
FNMA #745017
$1,077,717 principal, 4.5%, due 7/1/2020
     1,150,997  
 
FNMA #745393
$469,964 principal, 4.5%, due 9/1/2020
     502,182  
 
FNMA #357477
$2,146,805 principal, 5%, due 1/1/2019
     2,309,132  
 
FNMA #888564
$2,112,417 principal, 5%, due 10/1/2021
     2,281,911  
 
FNMA #257481
$699,738 principal, 5%, due 11/1/2018
     752,384  
 
FNMA #357673
$1,166,278 principal, 5%, due 12/1/2019
     1,258,398  
 
FNMA #888436
$751,220 principal, 5%, due 12/1/2021
     810,556  
 
FNMA #889342
$537,526 principal, 5%, due 3/1/2023
     580,656  
 
FNMA #879112
$267,108 principal, 5%, due 5/1/2021
     288,373  
 
 
74
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
FNMA #255735
$2,090,711 principal, 5% , due 6/1/2020
   $ 2,255,849  
 
FNMA #AD0657
$2,222,920 principal, 5%, due 6/1/2023
     2,401,280  
 
FNMA #724906
$3,349,657 principal, 5%, due 7/1/2018
     3,601,674  
 
FNMA #AD0630
$1,416,271 principal, 5%, due 7/1/2024
     1,529,023  
 
FNMA #897935
$894,742 principal, 5%, due 8/1/2021
     965,974  
 
FNMA #773515
$776,823 principal, 5%, due 9/1/2019
     838,182  
 
FNMA #995063
$3,918,092 principal, 5%, due 9/1/2019
     4,212,876  
 
FNMA #255841
$1,355,854 principal, 5%, due 9/1/2020
     1,463,796  
 
FNMA #725205
$2,631,062 principal, 5%, due 3/1/2034
     2,841,501  
 
FNMA #254797
$902,914 principal, 5%, due 6/1/2013
     979,108  
 
FNMA #745629
$846,059 principal, 5.16%, due 1/1/2018
     939,052  
 
FNMA #AL0278
$5,090,956 principal, 5.5% ,due 1/1/2025
     5,529,256  
 
FNMA #995428
$1,202,399 principal, 5.5%, due 11/1/2023
     1,309,300  
 
FNMA #995874
$1,447,119 principal, 5.5%, due 11/1/2023
     1,574,420  
 
FNMA #735930
$179,445 principal, 5.5%, due 12/1/2018
     194,894  
 
FNMA #889717
$553,791 principal, 5.5%, due 12/1/2021
     603,026  
 
FNMA #745453
$224,616 principal, 5.5%, due 3/1/2021
     244,375  
 
FNMA #929225
$1,217,870 principal, 5.5%, due 3/1/2023
     1,323,673  
 
FNMA #AE0467
$1,744,499 principal, 5.5%, due 3/1/2024
     1,899,051  
 
FNMA #745986
$1,512,694 principal, 5.5%, due 6/1/2020
     1,642,927  
 
FNMA #256754
$852,245 principal, 5.5%, due 6/1/2022
     928,015  
 
FNMA #936479
$2,508,674 principal, 5.5%, due 7/1/2021
     2,731,711  
 
FNMA #AE0011
$431,668 principal, 5.5%, due 9/1/2023
     470,181  
 
FNMA #735989
$1,023,341 principal, 5.5%, due 2/1/2035
     1,114,771  
 
FNMA #725425
$2,047,633 principal, 5.5%, due 4/1/2034
     2,230,258  
 
FNMA #AD0250
$1,010,887 principal, 5.5%, due 4/1/2035
     1,101,204  
 
FNMA #AD0249
$4,342,261 principal, 5.5%, due 4/1/2037
     4,730,218  
 
FNMA #555424
$1,611,757 principal, 5.5%, due 5/1/2033
     1,755,758  
 
FNMA #555432
$268,136 principal, 5.5%, due 5/1/2033
     292,093  
 
FNMA #735715
$737,842 principal, 5.5%, due 5/1/2035
     803,648  
 
FNMA #254767
$4,874,748 principal, 5.5%, due 6/1/2033
     5,310,279  
 
FNMA #555531
$2,808,780 principal, 5.5%, due 6/1/2033
     3,059,729  
 
FNMA #555531
$6,806,004 principal, 5.5%, due 6/1/2033
     7,414,082  
 
FNMA #555592
$1,611,114 principal, 5.5%, due 7/1/2033
     1,755,058  
 
FNMA #888450
$979,315 principal, 5.5%, due 8/1/2035
     1,066,811  
 
FNMA #889641
$1,666,604 principal, 5.5%, due 8/1/2037
     1,815,245  
 
FNMA #745751
$2,016,092 principal, 5.5%, due 9/1/2035
     2,195,904  
 
FNMA #888996
$2,072,680 principal, 5.5%, due 9/1/2036
     2,257,539  
 
FNMA #AE0099
$4,180,626 principal, 5.5%, due 10/1/2036
     4,553,488  
 
 
75
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
FNMA #254548
$1,296,829 principal, 5.5%, due 12/1/2032
   $ 1,412,693  
 
FNMA #889855
$574,736 principal, 5.5%, due 11/1/2033
     626,085  
 
FNMA #725946
$907,995 principal, 5.5%, due 11/1/2034
     988,978  
 
FNMA #745096
$529,907 principal, 5.5%, due 11/1/2034
     577,168  
 
FNMA #535943
$556,985 principal, 5.5%, due 12/1/2030
     605,617  
 
FNMA #555342
$296,927 principal, 6%, due 11/1/2017
     320,287  
 
FNMA #888017
$1,374,981 principal, 6%, due 11/1/2021
     1,489,169  
 
FNMA #725194
$270,621principal, 6%, due 12/1/2018
     291,911  
 
FNMA #725678
$411,524 principal, 6%, due  2/1/2019
     443,899  
 
FNMA #555413
$563,582 principal, 6%, due 3/1/2018
     608,309  
 
FNMA #725135
$542,204 principal, 6%, due 5/1/2018
     584,860  
 
FNMA #AL0446
$9,641,407 principal, 6%, due 5/1/2024
     10,436,071  
 
FNMA #888631
$1,752,126 principal, 6%, due 8/1/2022
     1,898,729  
 
FNMA #725993
$437,947 principal, 6%, due 9/1/2019
     472,401  
 
FNMA #735439
$469,965 principal, 6%, due 9/1/2019
     506,938  
 
FNMA #901198
$77,119 principal, 6%, due 9/1/2021
     83,599  
 
FNMA #936484
$1,658,265 principal, 6%, due 9/1/2021
     1,797,015  
 
FNMA #990975
$1,708,465 principal, 6%, due 9/1/2023
     1,853,017  
 
FNMA #AD0089
$1,160,535 principal, 6%, due 1/1/2039
     1,275,683  
 
FNMA #725162
$5,695,510 principal, 6%, due 2/1/2034
     6,348,579  
 
FNMA #888268
$1,127,013 principal, 6%, due 3/1/2037
     1,240,596  
 
FNMA #AE0616
$1,791,017 principal, 6%, due 3/1/2040
     1,979,916  
 
FNMA #888673
$513,607 principal, 6%, due 4/1/2035
     571,256  
 
FNMA #890341
$1,679,018 principal, 6%, due 6/1/2040
     1,845,611  
 
FNMA #AD0119
$2,546,917 principal, 6%, due 7/1/2038
     2,799,622  
 
FNMA #995487
$1,591,848 principal, 6%, due 8/1/2037
     1,773,963  
 
FNMA #AD0217
$3,258,031 principal, 6%, due 8/1/2037
     3,632,167  
 
FNMA #993724
$1,970,582 principal, 6%, due 8/1/2038
     2,166,103  
 
FNMA #AE0371
$1,008,996 principal, 6%, due 9/1/2039
     1,109,109  
 
FNMA #888736
$1,685,063 principal, 6%, due 10/1/2037
     1,840,671  
 
FNMA #AE0076
$1,452,588 principal, 6%, due 10/1/2039
     1,596,714  
 
FNMA #AL0851
$5,175,021 principal, 6%, due 10/1/2040
     5,688,488  
 
FNMA #190129
$728,904 principal, 6%, due 11/1/2023
     801,226  
 
FNMA #AD0163
$2,169,362 principal, 6%, due 11/1/2034
     2,418,523  
 
FNMA #995367
$2,764,539 principal, 6%, due 11/1/2038
     3,038,838  
 
FNMA #970867
$2,483,582 principal, 6%, due 12/1/2038
     2,730,004  
 
FNMA #725157
$329,758 principal, 6.5%, due 9/1/2017
     359,750  
 
FNMA #725160
$439,291 principal, 6.5%, due 4/1/2018
     475,072  
 
FNMA #888878
$842,509 principal, 6.5%, due 10/1/2022
     932,197  
 
 
76
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
FNMA #745596
$691,619 principal, 6.5%, due 4/1/2021
   $ 756,922  
 
FNMA #995952
$1,610,162 principal, 6.5%, due 2/1/2038
     1,769,480  
 
FNMA #889784
$558,556 principal, 6.5%, due 7/1/2038
     620,804  
 
FNMA #256937
$300,353 principal, 6.5%, due 10/1/2037
     330,071  
 
FNMA #889984
$986,751 principal, 6.5%, due 10/1/2038
     1,096,720  
 
FNMA #AD0128
$3,107,858 principal, 6.5%, due 10/1/2038
     3,454,214  
 
FNMA #735415
$559,542 principal, 6.5%, due 12/1/2032
     626,621  
 
FNMA
$200,000 principal, 0.0%, due 6/1/2017
     184,202  
 
FNMA #888367
$8,675,972 principal, 7%, due 3/1/2037
     9,699,466  
 
FNMA #888369
$355,849 principal, 7%, due 3/1/2037
     398,273  
 
FNMA #545723
$635,046 principal, 7%, due 4/1/2032
     728,147  
 
FNMA #888366
$766,548 principal, 7%, due 4/1/2037
     857,935  
 
FNMA #679887
$974,182 principal, 7%, due 8/1/2032
     1,116,174  
 
FNMA #725180
$717,846 principal, 7%, due 9/1/2028
     812,928  
 
FNMA #256939
$827,111 principal, 7%, due 10/1/2037
     924,684  
 
FNMA
$20,000,000 principal, 0.75%, due 2/26/2013
     20,112,420  
 
FNMA
$3,300,000 principal, 0.0%, due 3/23/2028
     1,913,627  
 
FNMA 555414
$417,418 principal, 4.751%, due 4/1/2013
     427,290  
 
FNMA 257541
$272,213 principal, 5%, due 1/1/2019
     292,694  
 
FNMA AL0472
$27,800,378 principal, 5.5%, due 1/1/2019
     30,193,818  
 
FNMA 545471
$576,339 principal, 5.906%, due 2/1/2012
     576,314  
 
FNMA 256335
$280,778 principal, 6%, due 7/1/2016
     302,867  
 
FNMA 545527
$224,422 principal, 6.113%, due 2/1/2012
     224,411  
 
FNMA 254799
$2,943,138 principal, 5%, due 7/1/2023
     3,191,501  
 
FNMA 255713
$802,972 principal, 4.5%, due 4/1/2025
     857,885  
 
FNMA 254985
$350,491 principal, 5%, due 11/1/2023
     379,849  
 
FNMA 254908
$127,047 principal, 5%, due 9/1/2023
     137,689  
 
FNMA 254589
$1,480,297 principal, 5.5%, due 1/1/2023
     1,619,254  
 
FNMA 255575
$699,088 principal, 5.5%, due 1/1/2025
     763,402  
 
FNMA 254963
$526,318 principal, 5.5%, due 10/1/2023
     574,737  
 
FNMA  255456
$447,563 principal, 5.5%, due 10/1/2024
     488,737  
 
FNMA 254986
$364,029 principal, 5.5%, due 11/1/2023
     397,518  
 
FNMA 256103
$790,259 principal, 5.5%, due 2/1/2026
     861,971  
 
FNMA 254688
$764,020 principal, 5.5%, due 3/1/2023
     835,739  
 
FNMA 256928
$790,697 principal, 6%, due 10/1/2027
     874,030  
 
FNMA 257007
$2,559,520 principal, 6%, due 12/1/2027
     2,829,269  
 
FNMA 889157
$491,488 principal, 6%, due 2/1/2028
     543,286  
 
FNMA 257295
$434,526 principal, 6%, due 7/1/2028
     480,321  
 
FNMA 888079
$931,052 principal, 6.5%, due 10/1/2026
     1,042,814  
 
 
77
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
FNMA 256628
$744,738 principal, 6.5%, due 2/1/2027
   $ 834,135  
 
FNMA 256653
$602,419 principal, 6.5%, due 3/1/2027
     674,732  
 
FNMA 888956
$732,128 principal, 6%, due 3/1/2036
     811,115  
 
FNMA #AD0833
$3,524,224 principal, 6%, due 1/1/2039
     3,873,898  
 
FNMA
$3,900,000 principal, 6.625%, due 11/15/2030
     5,767,269  
 
FNMA
$600,000 principal, 7.125%, due 1/15/2030
     920,882  
 
FNMA
$500,000 principal, 7.25%, due 5/15/2030
     779,656  
 
FNMA 466807
$196,779 principal, 3.32%, due 1/1/2018
     206,984  
 
FNMA AD0660
$98,251 principal, 4.53%, due 12/1/2019
     109,802  
 
FNMA 888381
$478,114 principal, 5.507%, due  4/1/2017
     533,657  
 
FNMA
$4,500,000 principal, 8.1%, due 8/12/2019
     6,363,252  
 
FNMA ARM 689019
$1,213,375 principal, 2.373%, due 5/1/2033
     1,271,501  
 
FNMA ARM 806697
$839,714 principal, 2.828%, due 1/1/2035
     879,266  
 
FNMA ARM 832100
$788,914 principal, 2.415%, due 7/1/2035
     835,320  
 
FNMA ARM AE0046
$23,144,193 principal, 3.931%, due 3/1/2039
     24,452,303  
 
FNMA ARM 995288
$5,802,689 principal, 5.494%, due 9/1/2038
     6,149,333  
 
FNMA ARM AE0180
$17,134,562 principal, 5.938%, due 9/1/2037
     18,363,461  
 
FNMA PRIN STRIP
$200,000 principal, 0.0%, due 11/15/2030
     100,133  
 
FNMA MTN DN
$1,600,000 principal, 0%, due 11/15/2030
     808,842  
 
FNR 02-11 UC
$518,530 principal, 6%, due 3/25/2017
     564,638  
 
FNR 03-32 NA 3
$381,877 principal, 3.75%, due 12/25/2017
     389,126  
 
FNR 2001-66 Z
$953,609 principal, 6%, due 11/25/2031
     1,061,339  
 
FNR 2002-11 QC
$229,079 principal, 5.5%, due 3/25/2017
     243,483  
 
FNR 2002-62 ZE
$668,509 principal, 5.5%, due 11/25/2017
     713,701  
 
FNR 2002-74 LE
$182,375 principal, 5%, due 11/25/2017
     194,859  
 
FNR 2002-83 ME
$392,617 principal,  5%, due  12/25/2017
     418,896  
 
FNR 2002-90 A1
$650,985 principal, 6.5%, due 6/25/2042
     728,502  
 
FNR 2002-93 CM
$88,518 principal, 5.5%, due 10/25/2031
     90,278  
 
FNR 2002-94 HM
$633,880 principal, 4.5%, due 1/25/2018
     672,923  
 
FNR 2002-95 GQ
$828,332 principal, 5%, due 1/25/2018
     884,440  
 
FNR 2002-97 PG
$462,260 principal, 5.5%, due 12/25/2031
     471,966  
 
FNR 2003-21 NB
$575,842 principal, 5.5%, due 9/25/2030
     577,898  
 
FNR 2003-21 XE
$596,786 principal, 5.5%, due 10/25/2031
     603,126  
 
FNR 2003-28 KA
$47,327 principal, 4.25%, due 3/25/2022
     47,765  
 
FNR 2003-28 KW
$236,633 principal, 4%, due 5/25/2022
     238,571  
 
FNR 2003-34 BA
$133,655 principal, 4%, due 5/25/2022
     134,701  
 
FNR 2003-35 TE
$553,151 principal, 5%, due 5/25/2018
     591,203  
 
FNR 2003-42 JG
$289,982 principal, 5.5%, due 5/25/2032
     292,966  
 
FNR 2003-75 GD
$152,691 principal, 3.5%, due 8/25/2023
     160,463  
 
 
78
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
FNR 2003-81 GE
$562,495 principal, 4.5%, due 4/25/2018
   $ 582,752  
 
FNR 2003-91 GB
$572,538 principal, 4.5%, due 9/25/2018
     609,013  
 
FNR 2004-29 G
$181,855 principal, 4.5%, due 12/25/2017
     181,531  
 
FNR 2004-45 VL
$48,922 principal, 6%, due 7/25/2023
     49,050  
 
FNR 2004-70 BD
$1,975,608 principal, 4.5%, due 10/25/2019
     2,101,216  
 
FNR 2004-74 BA
$117,471 principal, 4.5%, due 9/25/2028
     118,774  
 
FNR 2005-100 TB
$8,605,252 principal, 5.5%, due 11/25/2031
     8,814,667  
 
FNR 2005-21 FM
$939,707 principal, 0.594%, due 3/25/2035
     941,199  
 
FNR 2005-48 OM
$37,534 principal, 5%, due 3/25/2030
     37,788  
 
FNR 2005-58 BA
$474,134 principal, 5.5%, due 12/25/2023
     489,090  
 
FNR 2005-73 DF
$3,548,893 principal, 0.494%, due 8/25/2035
     3,551,984  
 
FNR 2005-8 CA
$2,596,766 principal, 5%, due 1/25/2023
     2,661,109  
 
FNR 2005-8 EA
$1,022,888 principal, 5%, due 7/25/2019
     1,059,841  
 
FNR 2005-87 PC
$794,315 principal, 5%, due 2/25/2027
     793,350  
 
FNR 2005-87 PD
$2,015,000 principal, 5%, due 7/25/2030
     2,083,764  
 
FNR 2006-21 UA
$50,917 principal, 5.5%, due 12/25/2032
     51,426  
 
FNR 2006-29 PB
$476,693 principal, 5.5%, due 2/25/2032
     484,429  
 
FNR 2006-4 CD
$121,014 principal, 6%, due 1/25/2024
     123,442  
 
FNR 2006-59 DC
$155,381 principal, 6.5%, due 12/25/2033
     158,115  
 
FNR 2006-62 TM
$248,098 principal, 5.5%, due 2/25/2033
     256,535  
 
FNR 2006-64 LB
$2,697,216 principal, 5.5%, due 6/25/2032
     2,804,251  
 
FNR 2006-8 JA
$64,728 principal, 5.5%, due 12/25/2032
     65,053  
 
FNR 2006-93 BA
$863,494 principal, 5.5%, due 7/25/2033
     908,238  
 
FNR 2007-114 A6
$100,000 principal, 0.444%, due 10/27/2037
     99,394  
 
FNR 2007-35 DM
$656,965 principal, 5%, due 12/25/2024
     673,964  
 
FNR 2007-80 PA
$632,123 principal, 5.5%, due 3/25/2031
     639,311  
 
FNR 2008-15 EL
$9,633,205 principal, 4.25%, due 6/25/2022
     10,037,751  
 
FNR 2008-20 AG
$258,363 principal, 4.2%, due 7/25/2022
     268,621  
 
FNR 2008-40 LD
$2,166,783 principal, 6%, due 3/25/2031
     2,236,281  
 
FNR 2008-41 A
$907,854 principal, 4.5%, due 12/25/2022
     948,062  
 
FNR 2009-19 ED
$435,268 principal, 4%, due 10/25/2019
     457,453  
 
FNR 2009-26 KA
$277,271 principal, 4%, due 2/25/2023
     285,836  
 
FNR 2009-36 HD
$2,679,747 principal, 4%, due 10/25/2027
     2,759,798  
 
FNR 2009-52 AJ
$612,985 principal, 4%, due 7/25/2024
     642,572  
 
FNR 2009-70 NK
$281,379 principal, 4.5%, due 8/25/2019
     296,550  
 
FNR 2010-119 FK
$3,249,400 principal, 0.744%, due 4/25/2040
     3,244,857  
 
FNR 2010-17 DA
$789,466 principal, 4.5%, due 6/25/2021
     835,185  
 
FNR 2010-57 TW
$289,498 principal, 5%, due 7/25/2025
     305,578  
 
FNR 2011-16 GJ
$285,455 principal, 3.5%, due 3/25/2026
     298,358  
 
 
79
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
FNR 2011-68 MK
$843,459 principal, 5%, due 6/25/2021
   $ 908,937  
 
FNW 2003-W4 3A
$470,397 principal, 7%, due 10/25/2042
     545,062  
 
FNW 2004-W2 5A
$358,355 principal, 7.5%, due 3/25/2044
     398,717  
 
FSPC T-51 1A CSTR
$438,601 principal, 6.5%, due 9/25/2043
     486,900  
 
FSPC T-54 3A
$792,952 principal, 7%, due 2/25/2043
     937,163  
 
GNMA #604075
$599,087 principal, 5%, due 3/15/2018
     644,108  
 
GNMA #782500
$802,554 principal, 5.5%, due 12/15/2023
     875,693  
 
GNMA #782189
$803,688 principal, 6.5%, due 6/15/2022
     872,414  
 
GNR 03-86 VE
$20,648 principal, 4.5%, due 11/20/2014
     20,648  
 
GNR 2010-31 BP
$200,000 principal, 5%, due  3/20/2040
     229,169  
 
GSBA 2006-20K
$616,166 principal, 5.36%, due 11/1/2026
     687,989  
 
GSMPS 2004-4 1A3
$457,898 principal, 8%, due 6/25/2034
     481,159  
 
GSMS 2011-GC3 A3
$200,000 principal, 4.473%, due 3/10/2044
     213,801  
 
JPMCC 07-FL1A A1
$4,391,776 principal, 0.617%, due 7/15/2019
     4,193,496  
 
JPMCC 2011-C4 A3
$400,000 principal, 4.106%, due 7/15/2046
     422,160  
 
LBUBS 2007-C7 A3
$1,500,000 principal, 5.866%, due 9/15/2045
     1,645,211  
 
NCUA GTD NTS MA
$3,775,000 principal, 1.4%, due 6/12/2015
     3,824,037  
 
PERMM 2010-1A 1A
$4,800,000 principal, 1.717%, due 7/15/2042
     4,782,390  
 
RFCO
$200,000 principal, 0.0%, due 4/15/2029
     114,479  
 
RFCO SP
$5,700,000 principal, 0.0%, due 1/15/2030
     3,269,395  
 
RFCO SP
$2,470,000 principal, 0.0%, due 4/15/2030
     1,403,123  
 
SBAP 1993-20F 1
$71,927 principal, 6.65%, due 6/1/2013
     74,235  
 
SBAP 1998-20D
$174,388 principal, 6.15%, due 4/1/2018
     189,586  
 
SBAP 2007-20D 1
$520,030 principal, 5.32%, due 4/1/2027
     580,791  
 
TVA
$200,000 principal, 4.7%, due 7/15/2033
     235,514  
 
TVA
$400,000 principal, 4.875%, due 1/15/2048
     490,634  
 
TVA
$4,400,000 principal, 5.25%, due 9/15/2039
     5,674,064  
 
TVA
$100,000 principal, 5.375%, due  4/1/2056
     135,034  
 
TVA
$1,000,000 principal, 5.88%, due 4/1/2036
     1,361,222  
 
US TBILL
$3,300,000 principal, 0.0%, due 4/19/2012
     3,299,828  
 
USTB
$2,500,000 principal, 3.5%, due  2/15/2039
     2,806,640  
 
USTB
$700,000 principal, 3.875%, due 8/15/2040
     837,266  
 
USTB
$16,300,000 principal, 4.25%, due 11/15/2040
     20,741,750  
 
USTB
$2,400,000 principal, 4.375%, due 11/15/2039
     3,109,874  
 
USTB
$1,600,000 principal, 4.375%, due 5/15/2040
     2,074,000  
 
USTB
$1,400,000 principal, 4.375%, due 5/15/2041
     1,820,000  
 
USTB
$5,800,000 principal, 4.5%, due  8/15/2039
     7,655,095  
 
USTB
$200,000 principal, 4.5%, due 8/15/2039
     275,594  
 
 
80
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
USTB
$1,100,000 principal, 5.25%, due 11/15/2028
   $ 1,567,157  
 
USTBILL
$40,000 principal, 0%, due 2/02/2012
     40,000  
 
USTBILL
$10,000 principal, 0%, due 3/01/2012
     10,000  
 
USTBILL
$272,000 principal, 0%, due 3/08/2012
     271,991  
 
USTBILL
$1,280,000 principal, 0%, due 3/15/2012
     1,279,955  
 
USTBILL
$6,200,000 principal, 0%, due 3/22/2012
     6,199,764  
 
USTBILL
$7,100,000 principal, 0%, due 3/29/2012
     7,099,744  
 
USTBILL
$10,500,000 principal, 0%, due 4/05/2012
     10,499,528  
 
USTBILL
$800,000 principal, 0%, due 4/26/2012
     799,937  
 
USTBILL
$16,800,000 principal, 0%, due 5/17/2012
     16,797,950  
 
USTBILL
$900,000 principal, 0%, due 6/07/2012
     899,825  
 
USTBILL
$12,400,000 principal, 0%, due 6/14/2012
     12,397,334  
 
USTBILL
$7,800,000 principal, 0%, due 6/21/2012
     7,798,089  
 
USTBILL
$5,700,000 principal, 0%, due 6/28/2012
     5,698,319  
 
USTBILL
$10,400,000 principal, 0%, due 8/23/2012
     10,395,289  
 
USTCOUP
$100,000 principal, 0%, due 11/15/2032
     53,905  
 
USTCOUP
$400,000 principal, 0%, due 11/15/2032
     174,419  
 
USTCOUP
$1,300,000 principal, 0%, due 11/15/2038
     738,776  
 
USTCOUP
$2,900,000 principal, 0%, due 5/15/2032
     1,590,082  
 
USTCOUP
$200,000 principal, 0%, due 5/15/2033
     105,825  
 
USTCOUP
$4,300,000 principal, 0%, due 5/15/2034
     2,191,009  
 
USTCOUP
$950,000 principal, 0%, due 8/15/2032
     516,064  
 
USTN
$22,000,000 principal, 0.625%, due 7/15/2014
     22,171,864  
 
USTN
$5,000,000 principal, 0.75%, due 3/31/2013
     5,035,545  
 
USTN
$6,985,000 principal, 0.75%, due 5/31/2012
     7,005,194  
 
USTN
$5,100,000 principal, 0.875%, due 1/31/2012
     5,103,188  
 
USTN
$9,150,000 principal, 0.875%, due 2/29/2012
     9,162,151  
 
USTN
$2,500,000 principal, 0.625%, due 7/31/2012
     2,507,813  
 
USTN
$6,500,000 principal, 0.75%, due 12/15/2013
     6,563,225  
 
USTN
$20,000,000 principal, 1%, due 10/31/2016
     20,200,000  
 
USTN
$4,275,000 principal, 1%, due 4/30/2012
     4,288,359  
 
USTN
$20,000,000 principal, 1.25%, due 4/15/2014
     20,437,500  
 
USTN
$25,000,000 principal, 1.375%, due 1/15/2013
     25,310,550  
 
USTN
$3,800,000 principal, 1.375%, due 11/30/2015
     3,916,671  
 
USTN
$16,140,000 principal, 1.75%, due 3/31/2014
     16,670,861  
 
USTN
$3,600,000 principal, 1.875%, due 7/15/2019
     4,498,141  
 
USTN
$25,750,000 principal, 2%, due 1/31/2016
     27,174,284  
 
USTN
$750,000 principal, 2%, due 11/15/2021
     758,204  
 
USTN
$26,950,000 principal, 2%, due 4/30/2016
     28,465,937  
 
 
81
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
U.S. Government securities (continued)
          
 
USTN
$7,825,000 principal, 2.125%, due 8/15/2021
   $ 8,021,846  
 
USTN
$6,025,000 principal, 2.25%, due 3/31/2016
     6,427,922  
 
USTN
$15,000,000 principal, 3.5%, due 5/31/2013
     15,693,165  
 
USTN
$2,500,000 principal, 4.875%, due 2/15/2012
     2,514,160  
 
USTN TII
$15,250,000 principal, 0.5%, due 4/15/2015
     16,660,234  
 
USTN TII
$9,200,000 principal, 0.625%, due 4/15/2013
     10,026,207  
 
USTN TII
$9,715,000 principal, 0.125%, due 4/15/2016
     10,395,263  
 
USTN TII
$1,850,000 principal, 0.625%, due 07/15/2021
     1,989,182  
 
USTN TII
$9,775,000 principal, 1.125%, due 1/15/2201
     11,284,385  
 
USTN TII
$8,600,000 principal, 1.25%, due 4/15/2014
     9,639,486  
 
USTN TII
$9,350,000 principal, 1.25%, due 7/15/2020
     10,979,895  
 
USTN TII
$8,800,000 principal, 1.375%, due 1/15/2020
     10,489,632  
 
USTN TII
$5,775,000 principal, 1.625%, due 1/15/2015
     7,380,776  
 
USTN TII
$6,475,000 principal, 1.625%, due 1/15/2018
     7,972,393  
 
USTN TII
$7,250,000 principal, 1.75%, due 1/15/2028
     9,413,921  
 
USTN TII
$14,750,000 principal, 2.125%, due 1/15/2019
     18,493,735  
 
USTN TII
$4,325,000 principal, 2%, due 1/15/2014
     5,611,175  
 
USTN TII
$6,225,000 principal, 2%, due 1/15/2026
     8,724,731  
 
USTN TII
$4,850,000 principal, 2.125%, due 2/15/2040
     6,816,084  
 
USTN TII
$2,375,000 principal, 2%, due 7/15/2014
     3,073,464  
 
USTN TII
$4,325,000 principal, 2.125%, due 2/15/2041
     6,043,835  
 
USTN TII
$3,975,000 principal, 2.375%, due 1/15/2017
     5,179,144  
 
USTN TII
$3,075,000 principal, 2.375%, due 1/15/2025
     4,697,892  
 
USTN TII
$2,200,000 principal, 2.375%, due 1/15/2027
     3,189,876  
 
USTN TII
$11,625,000 principal, 2.5%, due 1/15/2029
     16,355,055  
 
USTN TII
$2,725,000 principal, 2.625%, due 7/15/2017
     3,544,006  
 
USTN TII
$475,000 principal, 3.625%, due 4/15/2028
     989,849  
 
USTN TII
$4,350,000 principal, 3.875%, due 4/15/2029
     9,332,407  
 
USTPRIN
$1,400,000  principal, 0%, due 11/15/2024
     1,024,982  
 
USTPRIN
$2,900,000 principal, 0%, due 11/15/2027
     1,902,806  
 
USTPRIN
$1,100,000 principal, 0%, due 11/15/2028
     697,423  
 
USTPRIN
$1,200,000 principal, 0%, due 2/15/2031
     709,042  
 
USTPRIN
$11,800,000 principal, 0%, due 2/15/2041
     4,845,528  
 
USTPRIN
$3,800,000 principal, 0%, due  8/15/2028
     2,432,376  
 
USTPRIN
$1,600,000 principal, 0%, due 8/15/2029
     989,864  
 
WFCM 10-C1 A2 144A
$100,000 principal, 4.393%, due 10/15/2057
     107,725  
          1,473,360,372  
             
*
HEWLETT-PACKARD COMPANY
21,790,323 shares
     561,318,720  
 
 
82
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
State and municipal bonds
          
 
AMERICAN MUN OH
$700,000 principal, 7.834%, due 2/15/2041
   $ 966,651  
 
AMERICAN MUN OH
$300,000 principal, 8.084%, due 2/15/2050
     418,716  
 
BAB PASADENA PF TAXM
$100,000 principal, 7.148%, due 3/1/2043
     131,169  
 
BATA CA
$300,000 principal, 6.907%, due 10/01/2050
     390,702  
 
BATA CA
$700,000 principal, 7.043%, due 04/01/2050
     921,018  
 
CA ST
$18,320,000 principal, 3.95%, due 11/01/2015
     19,207,054  
 
CA ST
$4,250,000 principal, 3.95%, due 11/01/2015
     4,636,198  
 
CA ST
$600,000 principal, 6.2%, due 10/1/2019
     683,898  
 
CA ST
$1,450,000 principal, 7.3%, due 10/01/2039
     1,714,524  
 
CA ST
$2,025,000 principal, 7.5%, due 4/1/2034
     2,429,696  
 
CA ST
$4,825,000 principal, 7.55%, due 4/1/2039
     5,899,624  
 
CA ST
$1,100,000 principal, 7.625%, due 03/01/2040
     1,353,385  
 
CA ST AMBAC
$1,00,000 principal, 4.5%, due  08/01/2028
     101,264  
 
CA ST GO
$525,000 principal, 7.6%, due 11/01/2040
     648,222  
 
CA ST UNIV REV
$1,00,000 principal, 6.484%, due 11/1/2041
     113,457  
 
CHICAGO IL TR AU ST
$100,000 principal, 6.2%, due 12/1/2040
     109,537  
 
CT ST
$100,000 principal, 5.85%, due 3/15/2032
     122,413  
 
DALLAS TX DART
$100,000 principal, 5.022%, due  12/1/2048
     113,133  
 
DALLAS TX DART
$100,000 principal, 6.249%, due  12/1/2034
     111,875  
 
GA MEAG
$700,000 principal, 6.655%, due 4/1/2057
     719,572  
 
HAMILTON OH SLS
$100,000 principal, 0%, due 12/01/2028
     43,250  
 
HARRIS CNTY TX
$300,000 principal, 6.875%, due 11/1/2038
     345,366  
 
IA TOBACCO 05B 0
$100,000 principal, 5.6%, due 6/01/2034
     82,039  
 
IL ST
$5,000,000 principal, 4.071%, due 01/01/2014
     5,133,800  
 
IL ST
$9,185,000 principal, 4.511%, due 3/01/2015
     9,537,796  
 
IL ST
$3,500,000 principal, 5.365%, due 03/01/2017
     3,691,870  
 
IL ST
$2,125,000 principal, 5.665%, due 03/01/2018
     2,261,595  
 
INDIANAPOLIS
$100,000 principal, 6.004%, due 1/15/2040
     117,991  
 
LA CA USD
$1,800,000 principal, 6.758%, due 07/01/2034
     2,233,872  
 
MI ST UNIV
$100,000 principal, 6.173%, due 2/15/2050
     122,011  
 
MUNICIPAL EC AT GA
$300,000 principal, 6.637%, due 4/1/2057
     311,832  
 
MWAA DULLES TOL
$100,000 principal, 7.462%, due 10/1/2046
     108,917  
 
NEW YORK NY TAXM
$300,000 principal, 6.271%, due 12/1/2037
     369,882  
 
NJ TOBACCO 1A
$150,000 principal, 5%, due 6/1/2041
     107,772  
 
NJ TPK
$2,650,000 principal, 7.102%, due 01/01/2041
     3,628,009  
 
NJ TRANS BAB
$200,000 principal, 6.875%, due 12/15/2039
     222,996  
 
NO CA PWR
$100,000 principal, 7.311%, due 6/1/2040
     115,066  
 
NY CITY MUNWTR VAR
$100,000 principal, 6.124%, due 6/15/2042
     108,134  
 
NY CITY MWFAWSR TAXM
$100,000 principal, 5.44%, due 6/15/2043
     114,153  
 
 
83
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
State and municipal bonds (continued)
          
 
NY MTA TRANSP
$1,100,000 principal, 6.814%, due 11/15/2040
   $ 1,380,104  
 
NYC TFA (PIT)
$100,000 principal, 5.267%, due 5/1/2027
     111,500  
 
NYC WTR
$400,000 principal, 5.25%, due 06/15/2044
     442,412  
 
NYC WTR
$900,000 principal, 5.724%, due 6/15/2042
     1,080,711  
 
RIVSIDE CA ELEC
$100,000 principal, 7.605%, due 10/1/2040
     133,257  
 
RIVSIDE CA SWR
$800,000 principal, 7.2%, due 8/1/2039
     942,912  
 
SAN ANTONIO E&G
$100,000 principal, 5.718%, due 2/1/2041
     122,946  
 
SAN DIEGO CTY
$100,000 principal, 6.138%, due 05/01/2049
     125,748  
 
STOCKTON CA
$100,000 principal, 7.942%, due 10/1/2038
     108,863  
 
TX TRANSP HWY
$200,000 principal, 5.028%, due 4/01/2026
     231,058  
 
UNIV CA REV
$3,340,000 principal, 0.887%, due 07/01/2013
     3,345,778  
          77,473,748  
Foreign obligations
          
 
BANCO BRAD 144A
$800,000 principal, 1.955%, due 1/24/2013
     806,122  
 
BRAZIL GOVT
$500,000 principal, 5.875%, due 1/15/2019
     592,500  
 
CANADA-GOVT
$1,080,126 principal, 5%, due 6/1/2037
     1,578,452  
 
COLOMBIA REP GL
$100,000 principal, 6.125%, due 1/18/2041
     123,250  
 
ISRAEL GLBL
$800,000 principal, 5.5%, due 12/4/2023
     1,019,612  
 
ISRAEL GOVT
$1,300,000 principal, 0%, due 2/15/2024
     901,592  
 
KOREA GOVT
$9,379,975 principal, 4%, due 6/10/2012
     9,424,061  
 
KOREA REP GLB
$1,900,000 principal, 5.75%, due  4/16/2014
     2,055,491  
 
MALAYSIA GOVT
$9,416,404 principal, 2.509%, due 8/27/2012
     9,390,932  
 
MEXICO GOV
$100,000 principal, 6.05%, due 1/11/2040
     122,250  
 
MEXICO GOVT
$8,276,781 principal, 9%, due 6/20/2013
     8,780,010  
 
MOROCCO AID
$477,719 principal, 7.55%, due 7/15/2026
     661,150  
 
NORWAY GOVT
$4,013,411 principal, 6.5%, due 5/15/2013
     4,289,374  
 
ONTARIO PROV
$98,193 principal, 4.6%, due 6/2/2039
     118,538  
 
QATAR ST 144A
$100,000 principal, 6.4%, due 1/20/2040
     117,356  
 
QUEBEC PROVINCE
$342,773 principal, 4.25%, due  12/1/2043
     448,123  
 
QUEBEC PROVINCE
$687,353 principal, 5.75%, due 12/1/2036
     934,030  
 
UNITED MEX
$100,000 principal, 5.75 %, due 10/12/2110
     106,500  
 
UNITED MEXICAN GLB
$200,000 principal, 5.95%, due 3/19/2019
     237,700  
          41,707,043  
Traditional guaranteed investment contracts
          
 
PACIFIC LIFE INS CO
 5.48% interest rate     11,989,237  
             
Self-directed brokerage accounts
Various
     276,737,017  
Total investments     $ 13,717,114,451  
           
 
 
84
 
 
 
Hewlett-Packard Company 401(k) Plan
 
EIN: 94-1081436 PN: 004
 
Schedule H, Line 4i – Schedule of Assets (Held At End of Year) (continued)
 
December 31, 2011
                             
             
(c)
        
             
Description of Investment,
        
      (b)      
Including Maturity Date,
  
(e)
     
Identity of  Issue, Borrower,
      
Rate of Interest, Collateral,
  
Current
(a)
  
Lessor, or Similar Party
      
Par, or Maturity Value
  
Value
 
Notes receivable from participants
        
*  Participant loans
Interest rates ranging from 3.25% to 11.5%
   $ 224,531,689  
       
With maturity dates through 2037
        
Total
       $ 13,941,646,140  
           
* Indicates party-in-interest to the Plan.
          
Note: Column (d), cost, has been omitted as all investments are participant-directed.
    

 
85
 

 
SIGNATURE


The Plan.  Pursuant to the requirements of the Securities and Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

 
   
HEWLETT-PACKARD COMPANY 401(k) PLAN
     
     
     
    /s/  David K. Ritenour  
June 27, 2012
  
David K. Ritenour
   
Vice President and
Associate General Counsel
 

 
86
 

 
EXHIBIT INDEX

 
 
Exhibit Number    Description
                         23.1 Consent of Independent Registered Public Accounting Firm
 
 

 
87