| Balance Sheet
Cash, cash equivalents, and short-term investments were $9.9 billion in 1Q11 versus $10.9 billion in 4Q10. Inventory was $6.75 billion in 1Q11 versus $6.47 billion in 4Q10. Accounts receivable were $16.6 billion in 1Q11 versus $18.5 billion in 4Q10.
Accounts payable were $13.5 billion in 1Q11 versus $14.4 billion in 4Q10. Long-term debt was $17.0 million in 1Q11 versus $15.3 million in 4Q10.
Cash Flow
Cash flow from operations was $3.1 billion in 1Q11 versus $3.2 billion in 4Q10. Capital expenditure was $926.0 million in 1Q11 versus $1.2 billion in 4Q10.
Dividend and Share Buyback
During the quarter, HPQ repurchased 54 million shares of common stock for an aggregate purchase price of $2.3 billion. The company paid a dividend of $0.08 per share during the quarter, totaling $175.0 million.
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