Leading global position in a number of its printing and personal computing markets. Threats of diminished printing relevance, alternative supplies, and challenges to ramp up new technologies. Pressures on PC market to revive growth. Our expectation for flat revenue performance in 2017 and 2018 should continue to constrain growth to earnings and free cash flow. Modest financial risk profile, with leverage of about 1.5x-1.8x over the next two years. Moderate shareholder return target of 50%-75% of its free cash flow mitigates deleveraging prospects. S&P Global Ratings' stable outlook HP Inc. reflects our expectation that the company (formerly Hewlett-Packard Co.) will maintain a leadership position in flat to slightly declining global printing and personal computing markets in 2017 and 2018, with
