Leading global position in its printing and personal computing (PC) markets. Expanding share in attractive markets 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 adjusted leverage in the mid 1x area over the next two years. Exceptional 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 our expectation that the company will maintain a leadership position in the global printing and personal computing markets in fiscal 2018 and 2019, and will continue generating substantial free
