Leading global position in its printing and personal computing (PC) markets. Expanding share in growth opportunities such as gaming PCs, 3D printing and A3 multi-function printers. Threats of diminished printing usage, alternative supplies, and challenges to ramping up new technologies. Core PC and printer markets are volatile. Modest financial risk profile, with leverage of about 1.2x-1.7x over the next two years. Strong liquidity. Shareholder return target of 50%-75% of its free cash flow mitigates deleveraging prospects. S&P Global Ratings' stable outlook on Palo Alto, Calif.-based HP Inc. reflects the expectation that the company will maintain a leadership position in the global printing and personal computing markets in fiscal year 2018 and 2019, and will continue generating substantial free cash flow,