UNITED STATES
|
[X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | |
for the fiscal year ended December 31, 2005 | |
OR | |
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 | |
|
FINANCIAL STATEMENTS AND SUPPLEMENTAL SCHEDULE Hewlett-Packard Company
401(k) Plan |
Hewlett-Packard Company 401(k) Plan Financial Statements and Supplemental Schedule December 31, 2005 and
2004, |
Contents | |
---|---|
Report of Independent Registered Public Accounting Firm | 1 |
Audited Financial Statements | |
Statements of Net Assets Available for Benefits | 2 |
Statement of Changes in Net Assets Available for Benefits | 3 |
Notes to Financial Statements | 4 |
Supplemental Schedule | |
Schedule H, Line 4iSchedule of Assets (Held At End of Year) | 11 |
Signature | 30 |
Exhibit | |
Exhibit 23 Consent of Ernst & Young LLP, Independent Registered Public Accounting Firm | 31 |
/s/ Ernst & Young LLP | |
San Jose, California May 25, 2006 |
-1- |
Hewlett-Packard Company 401(k) Plan |
December 31, | ||||||||
---|---|---|---|---|---|---|---|---|
2005 |
2004 | |||||||
Assets | ||||||||
Cash | $ | 312,433 | $ | - | ||||
Investments | 8,798,830,023 | 8,068,624,270 | ||||||
Receivables: | ||||||||
Company contribution receivable | 7,554,760 | 9,418,626 | ||||||
Amount due from brokers for securities sold | 36,154,295 | 18,844,047 | ||||||
Interest and dividends receivable | 4,409,007 | 3,709,463 | ||||||
Total receivables | 48,118,062 | 31,972,136 | ||||||
Total assets | 8,847,260,518 | 8,100,596,406 | ||||||
Liabilities | ||||||||
Amounts due to brokers for securities purchased | 46,167,970 | 16,307,044 | ||||||
Other payables | 3,051,234 | 2,943,998 | ||||||
Total liabilities | 49,219,204 | 19,251,042 | ||||||
Net assets available for benefits | $ | 8,798,041,314 | $ | 8,081,345,364 | ||||
See accompanying notes. -2- |
Hewlett-Packard Company 401(k) Plan Statement of Changes in Net Assets Available for Benefits Year Ended December 31, 2005 |
Additions | |||||
Contributions: | |||||
Participant | $ | 458,407,459 | |||
Company | 200,357,352 | ||||
Rollover | 60,370,572 | ||||
Total contributions | 719,135,383 | ||||
Investment income: | |||||
Interest and dividends | 286,373,895 | ||||
Net realized and unrealized appreciation in fair value of investments | 607,082,193 | ||||
Total investment income | 893,456,088 | ||||
Total additions | 1,612,591,471 | ||||
Deductions | |||||
Benefits paid directly to participants | 886,723,120 | ||||
Administrative expenses and fees | 2,895,954 | ||||
Investment management fees | 6,276,447 | ||||
Total deductions | 895,895,521 | ||||
Net increase | 716,695,950 | ||||
Net assets available for benefits: | |||||
Beginning of year | 8,081,345,364 | ||||
End of year | $ | 8,798,041,314 | |||
See accompanying notes. -3- |
Hewlett-Packard Company 401(k) Plan December 31, 2005 1. Description of the PlanThe 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 Plans provisions. GeneralThe 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 employees. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA). Assets of the Plan are invested in a three-tier investment structure. Tier 1 includes four ready-made portfolios that represent different points on the risk/return spectrum. Tier 2 includes 14 institutional funds in a range of asset classes. Tier 3 includes 17 brand-name mutual funds spanning several investment categories. Additionally, the Plan offers Company common stock as an investment option. The Plan includes a non-leveraged employee stock ownership plan (the ESOP) within the meaning of Internal Revenue Service Code Section 4975(e)(7). The ESOP is maintained as part of the Plan and is designed to invest primarily in the Companys common stock. The purpose of the ESOP is to permit participants the option of having dividends on the Companys 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 are not eligible to participate in the ESOP. -4- |
Hewlett-Packard Company 401(k) Plan Notes to Financial Statements (continued) 1. Description of the Plan (continued)ContributionsAll employees are deemed to have elected a three percent compensation deferral effective on the first day of their employment unless the employee makes a change to that election in the manner prescribed by the Company. 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 Internal Revenue Code (the Code). The annual limitation was $14,000 for 2005. Participants who are age 50 or older by the end of the plan year can contribute an additional $4,000 above the annual limitation. These catch-up contributions are not eligible for the Company match. Participants may also contribute amounts representing distributions from other qualified defined benefit or defined contribution plans. The Company contributes 100% of the first 3% and 50% of the next 2% of compensation that each participant contributes to the Plan. The Plan uses a year-end true-up matching contribution feature to allow participants to receive the maximum matching contribution available by making up any loss in matching contributions resulting from the participants individual savings strategies. To be eligible to receive the year-end true-up match, the participant must be employed on the last day of the plan year. The true-up matching contribution was $7,554,760 for the year ended December 31, 2005. VestingParticipants are one hundred percent vested in the Plan at all times. -5- |
Hewlett-Packard Company 401(k) Plan Notes to Financial Statements (continued) 1. Description of the Plan (continued)Participant AccountsEach participants account is credited with the participants 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 participants account. All amounts in participant accounts, including amounts invested in the Agilent Stock Fund prior to the June 2, 2000, spin-off of Agilent Technologies, Inc., are participant-directed. However, effective June 2, 2000, no amounts may be directed into the Agilent Stock Fund. The Agilent Stock Fund was closed effective March 31, 2005. Proceeds from the liquidation of the fund were invested in the Stable Value Fund from which participants may redirect their investment, consistent with the Plan rules. Participant LoansThe 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 five years, and the repayment period for a primary residence loan may not exceed 15 years. 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 participants account and bear interest at a rate equal to the prevailing prime rate plus 1%. Principal and interest is paid ratably through payroll deductions. Payment of BenefitsOn termination of service, death or retirement, participants may elect to receive a lump-sum amount equal to the value of their account. Participants with account balances exceeding $5,000 may elect to receive a series of cash installment payments at their required beginning date. Lump-sum payments may be made in cash or shares of stock for distribution from the Company Stock Fund and prior to March 31, 2005, the Agilent Stock Fund. Hardship distributions and in-service withdrawals are permitted if certain criteria are met. -6- |
Hewlett-Packard Company 401(k) Plan Notes to Financial Statements (continued) 1. Description of the Plan (continued)Administrative and Investment Management ExpensesCertain fees and expenses of the Plan for legal, accounting, and other administrative services are paid directly by the Company on behalf of the Plan. Other administrative fees and all investment management fees are charged to individual participants accounts. Certain administrative fees and investment management fees related to Tiers 1 and 2 investment options are paid directly to the Plans investment managers and are reported separately on the statement of changes in net assets available for benefits. Investment management fees charged by the Tier 3 mutual funds are deducted from the net asset values of the mutual funds and are, therefore, recorded as a component of the net realized and unrealized appreciation in fair value of the Plans investments. Plan TerminationAlthough 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 PoliciesInvestment Valuation and Income RecognitionExcept for investment contracts, the Plans investments are stated at fair value. The shares of registered investment companies are valued at quoted market prices, which represent the net asset values of shares held by the Plan at year-end. The shares of the common collective trust funds are valued at the quoted redemption value on the last business day of the plan year. Short-term investments are valued at cost plus accrued interest, which approximates fair value. Securities traded on a national securities exchange are valued at the last reported sales price on the last day of the plan year. Participant loans are valued at their outstanding balances, which approximate fair value. -7- |
Hewlett-Packard Company 401(k) Plan Notes to Financial Statements (continued) 2. Summary of Significant Accounting Policies (continued)Investments in guaranteed investment contracts and synthetic investment contracts are stated at contract value, which approximates fair value, because they are fully benefit-responsive. Contract value represents contributions made plus interest accrued at the contract rate, less withdrawals. The guaranteed investment contracts are promises by an insurance company or bank to repay principal plus accrued income at contract maturity, subject to the creditworthiness of the issuer. Synthetic investment contracts consist of various fixed income investments, together with contracts under a bank or other institution, which provide for fully benefit-responsive withdrawals by plan participants at contract value. There are no limitations on liquidity guarantees, and no valuation reserves are being recorded to adjust contract amounts. Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. Use of EstimatesThe 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. Actual results could differ from those estimates. 3. InvestmentsThe following investments represent 5% or more of the fair value of the Plans net assets: |
December 31 | |||||
---|---|---|---|---|---|
2005 |
2004 | ||||
Hewlett-Packard Company common stock | $ 954,974,636 | $ 810,232,925 | |||
Fidelity Magellan Fund | 609,935,731 | 725,591,053 | |||
Fidelity Contrafund | 577,471,923 | 454,973,081 | |||
Vanguard PRIMECAP Fund | 716,991,549 | 690,285,001 | |||
Fidelity Low-Priced Stock Fund | 442,313,583 | 437,765,920 | |||
Vanguard Employee Benefit Index Fund | 952,910,499 | 944,314,522 | |||
Dwight Target 2 Fund | 549,406,888 | 433,680,009 |
-8- |
Hewlett-Packard Company 401(k) Plan Notes to Financial Statements (continued) 3. Investments (continued)During 2005, the Plans investments (including investments purchased, sold, as well as held during the year) appreciated in fair value as determined by quoted market prices as follows: |
Net Realized and Unrealized Appreciation (Depreciation) in Fair Value of Investments | |||
---|---|---|---|
Registered investment companies | $ 137,143,728 | ||
U. S. government securities | (673,087 | ) | |
Common stock | 86,534,362 | ||
Company common stock | 266,703,410 | ||
Common collective trust fund | 117,373,780 | ||
$ 607,082,193 | |||
4. Guaranteed and Synthetic Investment ContractsThe Plan offers a Stable Value Fund, which invests in guaranteed investment contracts and synthetic investment contracts, to provide participants with a stable, fixed-rate return and protection of principal from market changes. The average yield of the various investment contracts in the Stable Value Fund for 2005 and 2004 was approximately 4.74% and 4.50%, respectively. The crediting interest rates at December 31, 2005 and 2004, range from 3.19% to 6.24% and 3.19% to 7.84%, respectively. 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%. The fair value of the guaranteed investment contracts, estimated by the issuers based on discounted cash flows, was $17,124,423 at December 31, 2005 and $108,801,050 at December 31, 2004. The fair value of the underlying assets related to the synthetic investment contracts was $1,089,792,281 at December 31, 2005 and $850,371,023 at December 31, 2004, resulting in positive wrapper values totaling $9,739,927 at December 31, 2005 and negative wrapper values totaling $(10,154,670) at December 31, 2004. -9- |
Hewlett-Packard Company 401(k) Plan Notes to Financial Statements (continued) 5. Income Tax StatusThe Plan has received a determination letter from the Internal Revenue Service dated August 22, 2000, stating that the Plan is qualified under Section 401(a) of the Code, and therefore the related trust is exempt from taxation. Subsequent to the issuance of the determination letter, the Plan was amended. Once qualified, the Plan is required to operate in conformity with the Code to maintain its qualification. The plan administrator believes that the Plan is being operated in compliance with the applicable requirements of the Code and therefore believes that the Plan, as amended, is qualified and the related trust is tax-exempt. 6. Related Party TransactionsTransactions in shares of the Companys common stock qualify as party-in-interest transactions under the provisions of ERISA. During 2005, the Plan made purchases of approximately $53,311,435 and sales of approximately $175,268,135 of the Companys common stock. 7. Risk and UncertaintiesThe 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. 8. Subsequent EventsEffective January 1, 2006, employees with fewer than 62 points, calculated as age plus years of service, will be eligible for an enhanced Company matching contribution equal to 100% of the first 6% of the eligible compensation the participant contributes to the Plan. In addition, the Company will match contributions for all participants on a pay-period basis throughout the year. The year-end true-up match will no longer be made beginning with the 2006 plan year. The final true-up match was provided for the 2005 plan year in early 2006. Effective January 1, 2006, all new employees will be subject to a three-year cliff vesting schedule with regard to matching contributions. As a result, participants with no prior HP service who enter the Plan on or after January 1, 2006, will be 0% vested in Company matching contributions until earning three years of credited service, at which time they will become 100% vested in their matching contributions. -10- |
Supplemental Schedule |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Short-term investments | |||||||||||
Dreyfus Cash Management Portfolio | 15,358,548 | shares | $ | 15,358,548 | |||||||
Mellon EB Temporary Investment | 2,241,294 | shares | 2,241,294 | ||||||||
The Boston Company Pooled Employee Liquidity Fund | 3,344,440 | shares | 3,344,440 | ||||||||
* Fidelity Institutional Cash Portfolio | 7,651,000 | shares | 7,651,000 | ||||||||
BNP PARBS FIN CP 4.34% | 5,600,000 | shares | 5,541,265 | ||||||||
DNB NOR BK DN 0% 2/22/06 | 4,800,000 | shares | 4,747,114 | ||||||||
HBOS TREAS DN 0% 2/24/06 | 5,600,000 | shares | 5,536,677 | ||||||||
SOC GEN NA YCP 4.34% | 2,400,000 | shares | 2,373,671 | ||||||||
WESTPAC BANK 42CP 0% | 2,300,000 | shares | 2,277,592 | ||||||||
49,071,601 | |||||||||||
Registered investment companies | |||||||||||
ICAP Equity Portfolio | 1,811,778 | shares | 74,590,884 | ||||||||
Artisan International Fund | 1,366,217 | shares | 34,578,945 | ||||||||
Montag & Caldwell Growth Fund | 203,879 | shares | 4,866,603 | ||||||||
PIMCO High Yield Fund | 4,918,941 | shares | 47,812,108 | ||||||||
PIMCO Real Return Fund | 5,310,134 | shares | 58,836,289 | ||||||||
Vanguard PRIMECAP Fund | 10,579,778 | shares | 716,991,549 | ||||||||
American Funds New World Fund | 1,596,229 | shares | 61,853,869 | ||||||||
PIMCO Global Bond II Fund | 2,088,733 | shares | 20,427,806 | ||||||||
MFS International New Discovery Fund | 6,613,399 | shares | 160,374,919 | ||||||||
BNY Hamilton Small Cap Growth Fund | 966,980 | shares | 14,301,630 | ||||||||
Domini Social Equity Fund | 1,841,238 | shares | 20,842,819 | ||||||||
Templeton Foreign Advisor Class | 11,024,786 | shares | 139,463,544 | ||||||||
* Fidelity Magellan Fund | 5,730,324 | shares | 609,935,731 | ||||||||
* Fidelity Contrafund | 8,917,108 | shares | 577,471,923 | ||||||||
* Fidelity Growth & Income Portfolio | 7,438,656 | shares | 255,889,762 | ||||||||
* Fidelity Real Estate Investment Portfolio | 5,117,763 | shares | 159,469,486 | ||||||||
* Fidelity Low-Priced Stock Fund | 10,830,401 | shares | 442,313,583 | ||||||||
Dodge & Cox Income Fund | 7,460,667 | shares | 93,556,763 | ||||||||
Dodge & Cox Stock Fund | 1,118,759 | shares | 153,516,112 | ||||||||
Lord Abbett Midcap Value Fund | 1,071,938 | shares | 23,979,254 |
-11- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Registered investment companies (continued) | |||||||||||
PIMCO Asset Backed Securities Fund | 196,435 | shares | $ | 2,064,537 | |||||||
PIMCO Emerging Markets Fund | 590,635 | shares | 6,691,900 | ||||||||
PIMCO International Portfolio | 1,766,621 | shares | 8,780,106 | ||||||||
PIMCO Investment Grade Corporate Portfolio | 647,497 | shares | 6,300,144 | ||||||||
PIMCO Mortgage Portfolio | 8,109,671 | shares | 84,178,385 | ||||||||
PIMCO Municipal Sector Portfolio | 334,778 | shares | 3,444,870 | ||||||||
PIMCO Real Return Bond Fund | 263,359 | shares | 2,815,311 | ||||||||
PIMCO US Government Sector Portfolio | 5,133,847 | shares | 54,983,496 | ||||||||
Vanguard Extended Market Index | 5,387,879 | shares | 184,750,364 | ||||||||
4,025,082,692 | |||||||||||
Common stock | |||||||||||
AAR CORP | 46,700 | shares | 1,118,465 | ||||||||
Abbott Laboratories | 127,600 | shares | 5,031,268 | ||||||||
ACCENTURE LTD CL A | 59,000 | shares | 1,703,330 | ||||||||
ACE LTD | 74,400 | shares | 3,975,936 | ||||||||
ACTIVISION INC | 217,866 | shares | 2,993,479 | ||||||||
ACTUANT CORP CL A | 2,900 | shares | 161,820 | ||||||||
Adobe Systems Inc. | 117,800 | shares | 4,353,888 | ||||||||
Advance Auto Parts Inc. | 99,900 | shares | 4,341,654 | ||||||||
ADVISORY BOARD CO | 46,800 | shares | 2,230,956 | ||||||||
AFTERMARKET TECH CORP | 27,200 | shares | 528,768 | ||||||||
Agilent Technologies Inc. | 44,200 | shares | 1,471,418 | ||||||||
Alabama Natl Bancorp Del | 5,200 | shares | 336,752 | ||||||||
ALAMOSA HLDGS INC | 401,000 | shares | 7,462,610 | ||||||||
Alcoa Inc. | 45,400 | shares | 1,342,478 | ||||||||
Alcon Inc. | 23,600 | shares | 3,058,560 | ||||||||
Alexander & Baldwin Inc. | 6,200 | shares | 336,288 | ||||||||
Alliance Data Sys Corp. | 237,700 | shares | 8,462,120 |
-12- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Common stock (continued) | |||||||||||
Altria Group Inc. | 129,200 | shares | $ | 9,653,824 | |||||||
AMAZON.COM INC | 19,600 | shares | 924,140 | ||||||||
Amer Intl Group Inc. | 129,100 | shares | 8,808,493 | ||||||||
AMERICAN AXLE & MFG HLDGS | 24,000 | shares | 439,920 | ||||||||
American Express Co. | 89,200 | shares | 4,590,232 | ||||||||
American Tower Corp. | 237,467 | shares | 6,435,356 | ||||||||
Ametek Inc. New | 97,000 | shares | 4,126,380 | ||||||||
Amgen Inc. | 90,600 | shares | 7,144,716 | ||||||||
AMYLIN PHARMACEUTICALS | 11,200 | shares | 447,104 | ||||||||
ANAREN INC | 10,100 | shares | 157,863 | ||||||||
ANIXTER INTL INC | 50,900 | shares | 1,991,208 | ||||||||
Ann Taylor Stores Corp. | 14,800 | shares | 510,896 | ||||||||
Anteon International Corp. | 54,500 | shares | 2,962,075 | ||||||||
Apple Computer Inc. | 49,100 | shares | 3,529,799 | ||||||||
APPLIED MATERIALS INC | 147,700 | shares | 2,649,738 | ||||||||
ARGONAUT GROUP | 35,100 | shares | 1,150,227 | ||||||||
ARRIS GROUP INC | 68,800 | shares | 651,536 | ||||||||
ASHLAND INC | 10,500 | shares | 607,950 | ||||||||
ASTRAZENECA PLC SPONS ADR | 51,100 | shares | 2,483,460 | ||||||||
ATMI INC | 113,000 | shares | 3,160,610 | ||||||||
Autoliv Inc. | 113,500 | shares | 5,155,170 | ||||||||
Aviall Inc. | 15,700 | shares | 452,160 | ||||||||
AVID TECHNOLOGY INC | 72,900 | shares | 3,992,004 | ||||||||
Baldor Elec Co. | 46,100 | shares | 1,182,465 | ||||||||
Bank Of America Corp. | 364,200 | shares | 16,807,830 | ||||||||
Baxter Intl. Inc. | 47,500 | shares | 1,788,375 | ||||||||
Be Aerospace Inc. | 62,500 | shares | 1,375,000 |
-13- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Common stock (continued) | |||||||||||
Benihana Inc | 15,900 | shares | $ | 366,336 | |||||||
Bio Rad Labs | 51,000 | shares | 3,337,440 | ||||||||
Blount Intl. Inc. | 3,200 | shares | 50,976 | ||||||||
Boeing Co. | 29,000 | shares | 2,036,960 | ||||||||
Bowater Inc. | 63,400 | shares | 1,947,648 | ||||||||
BROADCOM CORP CL A | 28,900 | shares | 1,362,635 | ||||||||
C COR INC | 120,000 | shares | 583,200 | ||||||||
Capital One Fin Corp. | 40,500 | shares | 3,499,200 | ||||||||
Capitalsource Inc. | 275,000 | shares | 6,160,000 | ||||||||
Cardinal Health Inc. | 44,900 | shares | 3,086,875 | ||||||||
Caremark RX Inc. | 54,400 | shares | 2,817,376 | ||||||||
Carlisle COS Inc. | 25,500 | shares | 1,763,325 | ||||||||
CARPENTER TECHNOLOGY CORP | 25,700 | shares | 1,811,079 | ||||||||
Casey General Stores | 29,100 | shares | 721,680 | ||||||||
Castle (A.M.) & Co. | 9,000 | shares | 196,560 | ||||||||
Caterpillar Inc. | 29,000 | shares | 1,675,330 | ||||||||
Cb Richard Ellis Group A | 96,200 | shares | 5,661,370 | ||||||||
Central Garden & Pet | 73,500 | shares | 3,376,590 | ||||||||
Cephalon Inc. | 58,100 | shares | 3,761,394 | ||||||||
CH ROBINSON WORLDWIDE INC | 89,700 | shares | 3,321,591 | ||||||||
CHEESECAKE FACTORY INC | 17,800 | shares | 665,542 | ||||||||
CHEVRON CORP | 98,700 | shares | 5,603,199 | ||||||||
Chicos Fas Inc. | 80,200 | shares | 3,523,186 | ||||||||
Choicepoint Inc. | 85,200 | shares | 3,792,252 | ||||||||
Cisco Systems Inc. | 260,500 | shares | 4,459,760 | ||||||||
Citigroup Inc. | 233,500 | shares | 11,331,755 | ||||||||
Citizens Comm. Co. | 202,200 | shares | 2,472,906 | ||||||||
City National Corp. | 41,800 | shares | 3,027,992 | ||||||||
CNF INC | 22,100 | shares | 1,235,169 | ||||||||
Coach Inc. | 76,500 | shares | 2,550,510 | ||||||||
Coca Cola Enterprises Inc. | 26,300 | shares | 504,171 |
-14- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Common stock (continued) | |||||||||||
COGENT INC | 63,400 | shares | $ | 1,437,912 | |||||||
Cognex Corp. | 92,500 | shares | 2,783,325 | ||||||||
Comcast Corp.CL A | 110,000 | shares | 2,854,196 | ||||||||
COMMERCIAL CAPITAL BANCOR | 12,500 | shares | 214,000 | ||||||||
Commercial Vehicle Group | 44,700 | shares | 839,466 | ||||||||
COMPUWARE CORP | 107,500 | shares | 964,275 | ||||||||
Conocophillips | 55,400 | shares | 3,223,172 | ||||||||
Constellation Brands | 161,200 | shares | 4,228,276 | ||||||||
Cooper Cameron Corp. | 72,000 | shares | 2,980,800 | ||||||||
Corning Inc. | 213,800 | shares | 4,203,308 | ||||||||
Corporate Executive BRD C | 62,400 | shares | 5,597,280 | ||||||||
COSTAR GROUP INC | 60,000 | shares | 2,590,200 | ||||||||
Countrywide Fin. Corp. | 56,400 | shares | 1,928,316 | ||||||||
COURIER CORP | 3,900 | shares | 133,926 | ||||||||
Cullen Frost Bankers Inc. | 14,200 | shares | 762,256 | ||||||||
Curtiss Wright Corporation | 12,300 | shares | 671,580 | ||||||||
Cymer Inc. | 33,200 | shares | 1,178,932 | ||||||||
CYTYC CORP | 153,400 | shares | 4,330,482 | ||||||||
DATASCOPE CORP | 5,300 | shares | 175,165 | ||||||||
Davita Inc. | 245,000 | shares | 12,406,800 | ||||||||
Dell Inc. | 227,200 | shares | 6,813,728 | ||||||||
Denbury Resources Inc. | 183,400 | shares | 4,177,852 | ||||||||
DENDRITE INTL CORP | 39,400 | shares | 567,754 | ||||||||
Deutsche Telekom AGSPON | 180,700 | shares | 3,005,041 | ||||||||
DIAMOND ROCK HOSPITALITY C | 81,200 | shares | 971,152 | ||||||||
DIGITAS INC | 191,000 | shares | 2,391,320 | ||||||||
DIONEX CORP | 33,300 | shares | 1,634,364 | ||||||||
DOLBY LAB INC CL A | 144,100 | shares | 2,456,905 | ||||||||
DOMINION RESOURCES INC VA | 17,000 | shares | 1,312,400 | ||||||||
Dupont (Ei) De Nemours | 51,100 | shares | 2,171,750 |
-15- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Common stock (continued) | |||||||||||
E TRADE FINANCIAL CORP | 22,500 | shares | $ | 469,350 | |||||||
Ebay Inc. | 130,000 | shares | 5,622,500 | ||||||||
Education Management Corp. | 211,800 | shares | 7,097,418 | ||||||||
Edwards Lifesciences Corp. | 85,200 | shares | 3,545,172 | ||||||||
ELECTRO SCIENTIFIC INDS | 34,000 | shares | 821,100 | ||||||||
Electronic Arts Inc. | 99,300 | shares | 5,194,383 | ||||||||
ELECTRONICS FOR IMAGING | 66,600 | shares | 1,772,226 | ||||||||
Emc Corp. | 235,400 | shares | 3,206,148 | ||||||||
EMERSON ELEC CO | 43,200 | shares | 3,227,040 | ||||||||
Entercom Comm Corp. | 55,900 | shares | 1,658,553 | ||||||||
Ethan Allen Interiors Inc. | 49,100 | shares | 1,793,623 | ||||||||
Exelon Corp. | 115,700 | shares | 6,148,298 | ||||||||
Exxon Mobil Corp. | 247,100 | shares | 13,879,607 | ||||||||
FAIR ISSAC CORP | 36,900 | shares | 1,629,873 | ||||||||
FAIRCHILD SEMICON INTL | 148,000 | shares | 2,502,680 | ||||||||
FEDERATED DEPT STORES INC | 32,700 | shares | 2,168,991 | ||||||||
Filenet Corp. | 28,600 | shares | 739,310 | ||||||||
FINANCIAL FEDERAL CORP | 26,300 | shares | 1,169,035 | ||||||||
First Data Corp. | 63,700 | shares | 2,739,737 | ||||||||
Forest Laboratories Inc. | 79,500 | shares | 3,234,060 | ||||||||
FPL GROUP INC | 33,600 | shares | 1,396,416 | ||||||||
Franklin Resources Inc. | 24,400 | shares | 2,293,844 | ||||||||
Freddie Mac | 49,700 | shares | 3,247,895 | ||||||||
Frontier Airlines Inc. | 88,000 | shares | 813,120 | ||||||||
Fuelcell Energy Inc. | 50,700 | shares | 429,429 | ||||||||
Genentech Inc. | 40,200 | shares | 3,718,500 | ||||||||
General Electric Co. | 432,800 | shares | 15,169,640 | ||||||||
General Mills Inc. | 79,800 | shares | 3,935,736 | ||||||||
Genesee & Wyoming | 28,150 | shares | 1,057,032 | ||||||||
Genlyte Group Inc. | 15,100 | shares | 808,907 |
-16- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Common stock (continued) | |||||||||||
Genzyme Corp. | 26,700 | shares | $ | 1,889,826 | |||||||
GETTY IMAGES INC | 49,500 | shares | 4,418,865 | ||||||||
Gibraltar Industries Inc. | 41,550 | shares | 953,157 | ||||||||
Gilead Sciences Inc. | 77,500 | shares | 4,078,825 | ||||||||
Global Payments Inc. | 117,800 | shares | 5,490,658 | ||||||||
Golden West Fin. Corp. DEL | 27,400 | shares | 1,808,400 | ||||||||
Goldman Sachs Group Inc. | 41,700 | shares | 5,325,507 | ||||||||
Google Inc. | 21,300 | shares | 8,836,518 | ||||||||
Graco Inc. | 62,500 | shares | 2,280,000 | ||||||||
GRANT PRIDECO INC | 2,700 | shares | 119,124 | ||||||||
Grey Wolf Inc. | 31,100 | shares | 240,403 | ||||||||
GUITAR CENTER INC | 5,900 | shares | 295,059 | ||||||||
Gulfmark Offshore Inc. | 10,200 | shares | 302,124 | ||||||||
Haemonetics Corp. Mass | 32,000 | shares | 1,563,520 | ||||||||
Halliburton Co. | 54,800 | shares | 3,395,408 | ||||||||
HEARTLAND EXPRESS INC | 72,300 | shares | 1,466,967 | ||||||||
Helmerich & Payne Inc. | 6,200 | shares | 383,842 | ||||||||
Henry (Jack) & Assoc Inc. | 184,100 | shares | 3,512,628 | ||||||||
Hewitt Assoc Inc. | 47,954 | shares | 1,343,191 | ||||||||
Hexcel Corporation | 91,000 | shares | 1,642,550 | ||||||||
HUB INTERNATIONAL LIMITED | 44,600 | shares | 1,150,680 | ||||||||
Hughes Supply Inc. | 47,200 | shares | 1,692,120 | ||||||||
IDACORP INC | 35,500 | shares | 1,040,150 | ||||||||
Idex Corporation | 20,000 | shares | 822,200 | ||||||||
II-VI INC | 55,800 | shares | 997,146 | ||||||||
Informatica Corp. | 258,900 | shares | 3,106,800 | ||||||||
Ingersoll Rand Co. | 46,600 | shares | 1,881,242 | ||||||||
Intel Corp. | 251,400 | shares | 6,274,944 |
-17- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Common stock (continued) | |||||||||||
Interline Brands Inc. | 39,100 | shares | $ | 889,525 | |||||||
INTERSIL CORPORATION CL A | 62,000 | shares | 1,542,560 | ||||||||
INTL BUS MACH CORP | 76,000 | shares | 6,247,200 | ||||||||
Investors Finl Svcs Corp. | 135,900 | shares | 5,005,197 | ||||||||
IPC HOLDINGS LTD | 81,000 | shares | 2,217,780 | ||||||||
Iron Mountain Inc. | 25,800 | shares | 1,089,276 | ||||||||
Jefferies Group Inc. | 69,600 | shares | 3,130,608 | ||||||||
Jlg Industries Inc. | 13,100 | shares | 598,146 | ||||||||
Johnson Controls Inc. | 15,000 | shares | 1,093,650 | ||||||||
JP Morgan Chase & Co. | 63,640 | shares | 2,525,872 | ||||||||
Kcs Energy Inc. | 36,600 | shares | 886,452 | ||||||||
KENSEY NASH CORP | 17,000 | shares | 374,510 | ||||||||
Key Energy Services Inc. | 88,600 | shares | 1,193,442 | ||||||||
Keystone Automotive Inds | 23,500 | shares | 739,780 | ||||||||
Kirby Corp. | 21,500 | shares | 1,121,655 | ||||||||
Knbt Bancorp Inc. | 20,700 | shares | 337,203 | ||||||||
KNIGHT TRANSPORTATION INC | 211,650 | shares | 4,387,504 | ||||||||
Kohls Corp. | 59,500 | shares | 2,891,700 | ||||||||
Ladish Inc. | 16,300 | shares | 364,305 | ||||||||
Lamar Advertising Co. | 147,700 | shares | 6,814,878 | ||||||||
Lilly (Eli) & Co. | 69,700 | shares | 3,944,323 | ||||||||
Lincare Holdings Inc. | 129,200 | shares | 5,414,772 | ||||||||
LOCKHEED MARTIN CORP | 39,200 | shares | 2,494,296 | ||||||||
Lowes COS Inc. | 39,600 | shares | 2,639,736 | ||||||||
LSI INDUSTRIES INC | 42,210 | shares | 661,009 | ||||||||
Magellan Hlth Svcs Inc. | 134,600 | shares | 4,233,170 | ||||||||
Markel Corp. | 14,400 | shares | 4,565,520 | ||||||||
MARRIOTT INTL INC A | 27,100 | shares | 1,814,887 | ||||||||
Martin Marietta Materials | 41,000 | shares | 3,145,520 | ||||||||
MARVEL ENTERTAINMENT INC | 113,100 | shares | 1,852,578 | ||||||||
Marvell Tech Group Ltd. | 77,000 | shares | 4,318,930 | ||||||||
Maxim Integrated Products | 129,500 | shares | 4,693,080 |
-18- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Common stock (continued) | |||||||||||
Mbia Inc. | 63,500 | shares | $ | 3,820,160 | |||||||
McCormick & Schmk Sea Res | 22,900 | shares | 517,769 | ||||||||
Mckesson Corp. | 73,700 | shares | 3,802,183 | ||||||||
Medtronic Inc. | 68,300 | shares | 3,932,031 | ||||||||
Mercury Interactive Corp. | 65,700 | shares | 1,825,803 | ||||||||
MEREDITH CORP | 37,000 | shares | 1,936,580 | ||||||||
MERICAN REPROGRAPHICS CO | 107,000 | shares | 2,718,870 | ||||||||
Merrill Lynch & Co. Inc. | 106,100 | shares | 7,186,153 | ||||||||
METAL MANAGEMENT INC | 24,700 | shares | 574,522 | ||||||||
METLIFE INC | 19,600 | shares | 960,400 | ||||||||
Micros Systems Inc. | 57,500 | shares | 2,778,400 | ||||||||
Microsemi Corp. | 92,700 | shares | 2,564,082 | ||||||||
Microsoft Corp. | 397,700 | shares | 10,399,855 | ||||||||
MIDDLEBY CORP | 8,500 | shares | 735,250 | ||||||||
Millennium Pharmaceutical | 299,700 | shares | 2,907,090 | ||||||||
Modine Manufacturing Co. | 25,900 | shares | 844,081 | ||||||||
MOLECULAR DEVICES CORP | 20,600 | shares | 595,958 | ||||||||
Moog Inc. | 19,300 | shares | 547,734 | ||||||||
Motorola Inc. | 12,600 | shares | 284,634 | ||||||||
MUELLER INDUSTRIES INC | 26,700 | shares | 732,114 | ||||||||
Nationwide Health PPTYS | 58,800 | shares | 1,258,320 | ||||||||
Navigators Group Inc. | 24,700 | shares | 1,077,167 | ||||||||
Navteq Corp. | 69,500 | shares | 3,048,965 | ||||||||
Nci Building Systems Inc. | 46,000 | shares | 1,954,080 | ||||||||
NEUSTAR INC CL A | 67,900 | shares | 2,070,271 | ||||||||
NEWMONT MINING CORP | 19,200 | shares | 1,025,280 | ||||||||
NICOR INC | 18,600 | shares | 731,166 | ||||||||
Nike Inc. | 34,100 | shares | 2,959,539 | ||||||||
NOKIA CORP SPON ADR | 127,900 | shares | 2,340,570 | ||||||||
Novartis AG SPON ADR | 68,800 | shares | 3,610,624 |
-19- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Common stock (continued) | |||||||||||
NRG ENERGY INC | 18,000 | shares | $ | 848,160 | |||||||
Occidental Petroleum Corp. | 24,300 | shares | 1,941,084 | ||||||||
Odyssey Re Hldgs Corp. | 14,500 | shares | 363,660 | ||||||||
OFFICE DEPOT INC | 84,100 | shares | 2,640,740 | ||||||||
Omnicom Group Inc. | 18,100 | shares | 1,540,853 | ||||||||
PATTERSON-UTI ENERGY INC | 66,800 | shares | 2,201,060 | ||||||||
PEDIATRIX MEDICAL GROUP | 56,800 | shares | 5,030,776 | ||||||||
Pepsi Bottling Group Inc. | 119,100 | shares | 3,407,451 | ||||||||
PEPSICO INC | 39,000 | shares | 2,304,120 | ||||||||
PETCO ANIMAL SUPPLIES INC | 3,000 | shares | 65,850 | ||||||||
Petro Canada Com | 115,900 | shares | 4,646,431 | ||||||||
PIEDMONT NATURAL GAS | 40,500 | shares | 978,480 | ||||||||
PIKE ELECTRIC CORP | 20,100 | shares | 326,022 | ||||||||
Pmc-Sierra Inc. | 291,400 | shares | 2,246,694 | ||||||||
PNM RESOURCES INC | 40,700 | shares | 996,743 | ||||||||
POLYMEDICA CORP | 92,284 | shares | 3,088,745 | ||||||||
POSSIS MEDICAL INC | 17,500 | shares | 174,125 | ||||||||
PREMIERE GLOBAL SVCS INC | 94,500 | shares | 768,285 | ||||||||
Procter & Gamble Co. | 239,142 | shares | 13,841,539 | ||||||||
Provident Bancshares Corp. | 18,500 | shares | 624,745 | ||||||||
Prudential Financial Inc. | 11,600 | shares | 849,004 | ||||||||
PSS World Medical Inc. | 28,800 | shares | 427,392 | ||||||||
PUBLIC SVC ENTERPRISE GRP | 14,000 | shares | 909,580 | ||||||||
Qualcomm Inc. | 140,500 | shares | 6,052,740 | ||||||||
Quanex Corp. | 57,700 | shares | 2,883,269 | ||||||||
QUANTA SVCS INC | 18,200 | shares | 239,694 | ||||||||
Quicksilver Res Inc. | 59,200 | shares | 2,486,992 | ||||||||
RADIO ONE CL D NON-VTG | 145,400 | shares | 1,504,890 | ||||||||
Range Resources Corp. | 168,850 | shares | 4,447,509 | ||||||||
Raymond James Fin. Inc. | 7,900 | shares | 297,593 |
-20- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Common stock (continued) | |||||||||||
Resources Connection Inc. | 141,700 | shares | $ | 3,692,702 | |||||||
RESPIRONICS INC | 120,000 | shares | 4,448,400 | ||||||||
Roche Hldgs. Ltd. SPON ADR | 51,500 | shares | 3,867,650 | ||||||||
Rogers Corp. | 29,000 | shares | 1,136,220 | ||||||||
Roper Industries Inc. | 84,000 | shares | 3,318,840 | ||||||||
RUBY TUESDAY INC | 20,400 | shares | 528,156 | ||||||||
Sanfilippo (John B.) & Son | 5,900 | shares | 76,287 | ||||||||
SANOFI-AVENTIS | 26,500 | shares | 2,326,699 | ||||||||
SAP AG SPON ADR | 62,700 | shares | 2,825,889 | ||||||||
Sapient Corporation | 102,200 | shares | 581,518 | ||||||||
SBS TECHNOLOGIES INC | 23,000 | shares | 231,610 | ||||||||
SCANSOURCE INC | 11,900 | shares | 650,692 | ||||||||
Schering Plough Corp. | 372,500 | shares | 7,766,625 | ||||||||
Schlumberger Ltd. | 51,100 | shares | 4,964,365 | ||||||||
School Specialty Inc. | 9,950 | shares | 362,578 | ||||||||
Schwab Charles Corp. | 207,700 | shares | 3,046,959 | ||||||||
Scp Pool Corp. | 230,100 | shares | 8,564,322 | ||||||||
SEACOAST BANKING FLORIDA | 8,600 | shares | 197,370 | ||||||||
Sealed Air Corp. | 19,200 | shares | 1,078,464 | ||||||||
Selective Insurance Group | 9,000 | shares | 477,900 | ||||||||
Semtech Corp. | 82,400 | shares | 1,504,624 | ||||||||
SERENA SOFTWARE INC | 112,600 | shares | 2,639,344 | ||||||||
Shaw Group Inc. | 39,500 | shares | 1,149,055 | ||||||||
Signature Bank | 34,000 | shares | 954,380 | ||||||||
Simpson Manufacturing Co. | 43,800 | shares | 1,592,130 | ||||||||
Smith International Inc. | 68,800 | shares | 2,553,168 | ||||||||
SPRINT NEXTEL CORP | 109,726 | shares | 2,563,199 | ||||||||
ST JUDE MEDICAL INC | 52,200 | shares | 2,620,440 | ||||||||
Staples Inc. | 138,750 | shares | 3,151,012 | ||||||||
Starbucks Corp. | 27,300 | shares | 819,273 | ||||||||
State Street Corp. | 49,900 | shares | 2,766,456 | ||||||||
STEEL DYNAMICS INC | 57,800 | shares | 2,052,478 | ||||||||
Steel Technologies Inc. | 38,800 | shares | 1,086,012 |
-21- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Common stock (continued) | |||||||||||
Stericycle Inc. | 75,300 | shares | $ | 4,433,664 | |||||||
Suncor Energy Inc. | 37,400 | shares | 2,358,753 | ||||||||
SUPERIOR ENERGY SVCS INC | 32,200 | shares | 677,810 | ||||||||
SYNIVERSE HOLDINGS INC | 55,200 | shares | 1,153,680 | ||||||||
Target Corp. | 91,800 | shares | 5,046,246 | ||||||||
Teledyne Technologies Inc. | 9,800 | shares | 285,180 | ||||||||
TENNECO INC | 72,400 | shares | 1,419,764 | ||||||||
TEXAS INSTRUMENTS INC | 116,900 | shares | 3,748,983 | ||||||||
TEXAS REGL BANCSHARE CL A | 26,500 | shares | 749,950 | ||||||||
THOR INDUSTRIES INC | 26,900 | shares | 1,077,883 | ||||||||
TIFFANY & CO | 22,800 | shares | 873,012 | ||||||||
Time Warner Inc. | 211,200 | shares | 3,683,328 | ||||||||
TODCO CL A | 114,000 | shares | 4,338,840 | ||||||||
TRC COMPANIES INC | 18,200 | shares | 199,290 | ||||||||
Trinity Industries Inc. | 77,000 | shares | 3,393,390 | ||||||||
TRW Automotive Hldgs. Corp. | 33,200 | shares | 874,820 | ||||||||
Txu Corp. | 56,600 | shares | 2,840,754 | ||||||||
U S CONCRETE INC | 27,700 | shares | 262,596 | ||||||||
Uap Holding Corp. | 48,700 | shares | 994,454 | ||||||||
UBIQUITEL INC | 173,500 | shares | 1,715,915 | ||||||||
UBS AG REG (USA) | 37,000 | shares | 3,520,550 | ||||||||
Ucbh Holdings Inc. | 87,000 | shares | 1,555,560 | ||||||||
Unionbancal Corp. | 28,300 | shares | 1,944,776 | ||||||||
UNITED COMMUNITY BANKS GA | 10,700 | shares | 285,262 | ||||||||
UNITED NATURAL FOODS INC | 61,000 | shares | 1,610,400 | ||||||||
UNITED RENTALS INC | 15,000 | shares | 350,850 | ||||||||
United Technologies Corp. | 40,800 | shares | 2,281,128 | ||||||||
Unitedhealth Group Inc. | 140,200 | shares | 8,712,028 | ||||||||
Universal Compression Hld | 114,200 | shares | 4,695,904 | ||||||||
Universal Forest Products | 30,400 | shares | 1,679,600 | ||||||||
UNIVISION COMM CL A | 79,900 | shares | 2,348,261 |
-22- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Common stock (continued) | |||||||||||
URS Corp. New | 34,400 | shares | $ | 1,293,784 | |||||||
UTI Worldwide Inc. | 37,900 | shares | 3,518,636 | ||||||||
VALEANT PHARMACEUTICALS I | 136,000 | shares | 2,458,880 | ||||||||
Valmont Industries Inc. | 27,300 | shares | 913,458 | ||||||||
VALSPAR CORP | 20,200 | shares | 498,334 | ||||||||
VARIAN SEMICONDCT EQP ASS | 59,400 | shares | 2,609,442 | ||||||||
VCA Antech Inc. | 130,500 | shares | 3,680,100 | ||||||||
VERINT SYSTEMS INC | 51,400 | shares | 1,771,758 | ||||||||
Verizon Comm Inc. | 39,500 | shares | 1,189,740 | ||||||||
VIACOM CL B NON-VTG (OLD) | 61,400 | shares | 2,001,640 | ||||||||
Vishay Intertechnology | 48,500 | shares | 667,360 | ||||||||
Wabtec | 25,200 | shares | 677,880 | ||||||||
Wal Mart Stores Inc. | 99,000 | shares | 4,633,200 | ||||||||
Warnaco Group Inc. | 60,800 | shares | 1,624,576 | ||||||||
Waste Management Inc. | 52,800 | shares | 1,602,480 | ||||||||
Webster Financial | 36,000 | shares | 1,688,400 | ||||||||
Wellpoint Inc. | 34,100 | shares | 2,720,839 | ||||||||
WERNER ENTERPRISES INC | 132,000 | shares | 2,600,400 | ||||||||
West Corp. | 128,500 | shares | 5,416,275 | ||||||||
WEST PHARMACEUTICAL SVCS | 39,200 | shares | 981,176 | ||||||||
Whole Foods Market Inc. | 41,400 | shares | 3,203,946 | ||||||||
WILLIAMS COMPANIES INC | 36,300 | shares | 841,071 | ||||||||
WILLIAMS SCOTSMAN INTL | 5,700 | shares | 98,667 | ||||||||
Williams-Sonoma Inc. | 38,200 | shares | 1,648,330 | ||||||||
WIND RIVER SYSTEMS INC | 186,700 | shares | 2,757,559 | ||||||||
Woodward Governor Co. | 13,500 | shares | 1,161,135 | ||||||||
WRIGHT EXPRESS CORP | 142,200 | shares | 3,128,400 | ||||||||
Wyeth | 56,800 | shares | 2,616,776 | ||||||||
Xerox Corp. | 122,600 | shares | 1,796,090 | ||||||||
Xm Satellite Radio | 54,800 | shares | 1,494,944 |
-23- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Common stock (continued) | |||||||||||
Yahoo Inc. | 230,100 | shares | $ | 9,015,318 | |||||||
Yellow Roadway Corp. | 17,600 | shares | 785,137 | ||||||||
Ishares TR Russell 2000 | 117,500 | shares | 7,836,075 | ||||||||
SPDR Trust | 32,300 | shares | 4,021,673 | ||||||||
924,363,606 | |||||||||||
Common/collective trusts | |||||||||||
SSGA Bond Mkt. Ser. A-CME9 | 5,758,815 | units | 95,014,693 | ||||||||
SSGA Daily EAFE FD Ser T | 5,263,271 | units | 88,291,371 | ||||||||
Capital Guardian Intl Eq-Instl Cls | 18,781,743 | units | 339,386,102 | ||||||||
Vanguard Employee Benefit Index Fund | 81,865,163 | units | 952,910,499 | ||||||||
1,475,602,665 | |||||||||||
U.S. Government securities | |||||||||||
U.S. Treasury Bill | $250,000 principal, 0%, due 3/02/06 | 248,443 | |||||||||
U.S. Treasury Bill | $500,000 principal, 0%, due 3/16/06 | 496,089 | |||||||||
U.S. Treasury Note | $7,000,000 principal, 3.375%, due 10/15/09 | 6,759,648 | |||||||||
U.S. Treasury Note | $1,000,000 principal, 4.25%, due 11/15/13 | 990,469 | |||||||||
U.S. Treasury Bill | $1,800,000 principal, 8.125%, due 8/15/19 | 2,441,954 | |||||||||
U.S. Treasury Bill | $2,200,000 principal, 6.25%, due 8/15/23 | 2,627,110 | |||||||||
FNMA Discount Note | $20,500,000 principal, 5%, due 2/36 | 19,852,969 | |||||||||
33,416,682 | |||||||||||
Employer Stock | |||||||||||
* Hewlett-Packard Company | 33,355,733 | shares | 954,974,636 | ||||||||
Stable Value Fund Holdings | |||||||||||
Short-term investments | |||||||||||
* Fidelity Institutional Cash Portfolio | 5,395,817 | shares | 5,395,817 | ||||||||
Common/collective trust | |||||||||||
SEI Financial Management | 94,012,288 | units | 94,012,288 |
-24- |
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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Synthetic guaranteed investment contracts | |||||||||||
Underlying asset fair market values: | |||||||||||
PIMCO Managed Stable Value Account Net Assets: | |||||||||||
Registered investment companies: | |||||||||||
PIMCO Asset Backed Securities Portfolio | 131,228 | shares | $ | 1,379,209 | |||||||
PIMCO Investment Grade Corporate Portfolio | 551,263 | shares | 5,363,792 | ||||||||
PIMCO Mortgage Portfolio | 5,400,652 | shares | 56,058,764 | ||||||||
PIMCO Muni Sector Portfolio | 240,002 | shares | 2,469,617 | ||||||||
PIMCO International Portfolio | 1,124,388 | shares | 5,588,209 | ||||||||
PIMCO US Government Sector Portfolio | 3,198,981 | shares | 34,261,086 | ||||||||
PIMCO Emerging Markets Fund | 430,298 | shares | 4,875,274 | ||||||||
PIMCO Real Return Bond Fund | 178,279 | shares | 1,905,802 | ||||||||
U.S. Government obligations: | |||||||||||
U.S. Treasury Note | $6,500,000 principal, 3.375%, due 10/15/09 | 6,276,816 | |||||||||
U.S. Treasury Bill | $500,000 principal, 0%, due 3/16/06 | 496,090 | |||||||||
U.S. Treasury Bill | $600,000 principal, 8.125%, due 8/15/19 | 813,985 | |||||||||
U.S. Treasury Bill | $1,800,000 principal, 6.25%, due 8/15/23 | 2,149,454 | |||||||||
Short-term investments | |||||||||||
Dreyfus Cash Management Plus | 1,142,406 | shares | 1,142,406 | ||||||||
DNB NOR BK DN | $2,000,000 principal, 0%, due 2/22/06 | 1,977,964 | |||||||||
WESTPAC BANK 42CP | $3,700,000 principal, 0%, due 2/21/06 | 3,663,953 | |||||||||
HBOS TREAS DN | $3,700,000 principal, 0%, due 2/24/06 | 3,658,162 | |||||||||
SKANDI ENSK 42CP | $1,400,000 principal, 0%, due 2/17/06 | 1,384,776 | |||||||||
SVENSHA HANDELSBK CP | $3,200,000 principal, 0%, due 3/98 | 3,164,894 | |||||||||
FNMA (short sale) | $(4,000,000) principal, 5%, due 1/36 | (3,876,250 | ) | ||||||||
FNMA | $4,000,000 principal, 5%, due 1/36 | 3,876,250 | |||||||||
FNMA | $13,500,000 principal, 5%, due 2/36 | 13,073,906 |
-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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
PIMCO Managed Stable Value Account Net Assets (continued): | ||||||||
Other | ||||||||
Interest Rate Swap | $(30,400,000) principal, 6/15/06 | $ | (226,438 | ) | ||||
Interest Rate Swap | $(13,600,000) principal, 6/21/06 | (115,323 | ) | |||||
Interest Rate Swap | $2,500,000 principal, 6/21/06 | 20,831 | ||||||
Interest Receivable | 159,131 | |||||||
Pending Trades, net | (12,948,926 | ) | ||||||
Accrued expenses | (48,764 | ) | ||||||
TOTAL NET ASSETS - PIMCO Managed Stable Value Account | 136,544,670 | |||||||
Dodge & Cox Stable Value Fund Net Assets: | ||||||||
Corporate debt securities: | ||||||||
Federal Express | $659,359 principal, 6.72%, due 1/15/22 | 720,158 | ||||||
Union Pacific PTC | $1,900,000 principal, 5.082%, due 1/2/29 | 1,863,404 | ||||||
AOL Time Warner | $2,070,000 principal, 7.625%, due 4/15/31 | 2,305,253 | ||||||
AOL Time Warner | $250,000 principal, 7.7%, due 5/01/32 | 281,165 | ||||||
AT&T Corp. | $1,000,000 principal, 9.75%, due 11/15/31 | 1,256,124 | ||||||
Amhome | $525,000 principal, 6.7%, due 3/15/11 | 566,351 | ||||||
Bank One Cap III | $500,000 principal, 8.75%, due 9/1/30 | 672,061 | ||||||
BankAmerica Cap II | $625,000 principal, 8%, due 12/15/26 | 663,806 | ||||||
Boston Property Ltd. | $650,000 principal, 6.25%, due 1/15/13 | 681,883 | ||||||
Boston Property Ltd. | $600,000 principal, 5.625%, due 4/15/15 | 606,377 | ||||||
Burlington | $369,275 principal, 8.251%, due 1/15/21 | 445,180 | ||||||
CIGNA Corp. | $826,000 principal, 7.875%, due 5/15/27 | 1,010,591 | ||||||
CIGNA | $500,000 principal, 6.375%, due 10/15/11 | 530,161 | ||||||
Citicorp Cap II | $555,000 principal, 8.015%, due 2/15/27 | 592,828 | ||||||
Comcast Corp. | $950,000 principal, 5.3%, due 1/15/14 | 931,996 | ||||||
Comcast | $375,000 principal, 5.85%, due 11/15/15 | 379,845 | ||||||
Cox Communications | $1,325,000 principal, 5.45%, due 12/15/14 | 1,292,939 | ||||||
Dillard Dept Stores | $250,000 principal, 7.75%, due 5/15/27 | 242,500 | ||||||
Dow Chemical | $600,000 principal, 7.375%, due 11/01/29 | 722,893 |
-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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Dodge & Cox Stable Value Fund Net Assets (continued): | ||||||||
Corporate debt securities (continued): | ||||||||
Dow Chemical PTC | $725,000 principal, 4.027%, due 9/30/09 | $; | 698,568 | |||||
EOP Oper | $1,150,000 principal, 5.875%, due 1/15/13 | 1,169,166 | ||||||
EOP Oper | $875,000 principal, 4.75%, due 3/15/14 | 826,866 | ||||||
EDS | $625,000 principal, 6%, due 8/01/13 | 642,321 | ||||||
Ford Motor Credit | $1,100,000 principal, 7.375%, due 10/28/09 | 975,575 | ||||||
Ford Motor Global | $750,000 principal, 7.375%, due 2/01/11 | 657,389 | ||||||
Ford Motor Credit | $1,700,000 principal, 7.25%, due 10/25/11 | 1,468,555 | ||||||
General Electric | $1,100,000 principal, 5%, due 2/1/13 | 1,099,428 | ||||||
GMAC Global | $800,000 principal, 7.75%, due 1/19/10 | 747,110 | ||||||
GMAC | $2,675,000 principal, 6.875%, due 9/15/11 | 2,440,937 | ||||||
HCA Inc. | $1,300,000 principal, 6.25%, due 2/15/13 | 1,300,924 | ||||||
Health Net Inc. | $800,000 principal, 9.875%, due 4/15/11 | 930,641 | ||||||
International Paper | $650,000 principal, 5.25%, due 4/01/16 | 617,811 | ||||||
Lockheed Martin | $500,000 principal, 8.5%, due 12/01/29 | 681,484 | ||||||
May Department Stores | $1,625,000 principal, 8.5%, due 6/01/19 | 1,970,105 | ||||||
Nordstrom | $325,000 principal, 6.95%, due 3/15/28 | 358,312 | ||||||
Provident Company | $925,000 principal, 7.25%, due 3/15/28 | 954,325 | ||||||
Safeco Corp. | $400,000 principal, 7.25%, due 9/01/12 | 445,903 | ||||||
St. Paul Companies | $525,000 principal, 8.125%, due 4/15/10 | 582,993 | ||||||
UNUM Provident | $165,000 principal, 6.85%, due 11/15/15 | 170,363 | ||||||
UNUM Provident | $475,000 principal, 7.625%, due 3/01/11 | 512,291 | ||||||
Wyeth | $1,075,000 principal, 5.5%, due 2/01/14 | 1,088,924 | ||||||
Xerox Corp. | $1,750,000 principal, 7.125%, due 6/15/10 | 1,815,625 | ||||||
U.S. Government obligations: | ||||||||
US Treasury Note | $5,000,000 principal, 6.25%, due 2/15/07 | 5,096,095 | ||||||
US Treasury Note | $11,600,000 principal, 4.375%, due 5/15/07 | 11,590,488 | ||||||
US Treasury Note | $11,300,000 principal, 3.125%, due 10/15/08 | 10,930,546 | ||||||
US Treasury Note | $7,000,000 principal, 3.25%, due 1/15/09 | 6,777,694 | ||||||
US Treasury Note | $4,500,000 principal, 3.5%, due 8/15/09 | 4,369,041 | ||||||
US Treasury Note | $5,500,000 principal, 4%, due 3/15/10 | 5,421,152 | ||||||
Government agency obligations: | ||||||||
SBAP 05-20L 1 | $1,315,000 5.39%, due 12/1/25 | 1,336,653 | ||||||
GSBA 504 | $572,292 principal, 4.72%, due 2/1/24 | 565,951 | ||||||
FHLG 6.00 2/19 | $2,657,668 principal, 6%, due 3/1/18 | 2,712,997 |
-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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Dodge & Cox Stable Value Fund Net Assets (continued): | ||||||||
Government agency obligations: | ||||||||
FHLG | $1,508,349 principal, 6%, due 2/1/19 | $ | 1,539,768 | |||||
FHLG | $2,046,416 principal, 6.5%, due 7/1/16 | 2,103,132 | ||||||
FHLG | $2,877,026 principal, 5.5%, due 12/1/19 | 2,895,996 | ||||||
FNGT | $1,016,251 principal, 6.983%, due 2/13/30 | 1,043,850 | ||||||
FNMA | $759,776 principal, 6.231%, 5/1/11 | 789,620 | ||||||
FNMA | $1,172,682 principal, 5.795%, 12/1/11 | 1,203,484 | ||||||
FNMA | $933,744 principal, 5.520%, 2/1/12 | 972,112 | ||||||
FNMA | $2,262,919 principal, 7.00%. due 4/1/32 | 2,362,261 | ||||||
FNMA | $2,623,072 principal, 7%, due 8/1/32 | 2,741,932 | ||||||
FNR | $2,600,000 principal, 6%, due 3/25/18 | 2,637,270 | ||||||
FNW | $892,463 principal, 7%, due 2/25/44 | 926,551 | ||||||
FNW | $1,338,252 principal, 7.5%, due 3/25/44 | 1,411,039 | ||||||
FNMA | $2,830,699 principal, 6%, due 5/1/18 | 2,893,599 | ||||||
FNMA | $1,653,222 principal, 6.5%, due 9/1/17 | 1,700,729 | ||||||
FNMA | $2,397,361 principal, 6.5%, due 4/1/18 | 2,466,251 | ||||||
FNMA | $2,195,758 principal, 7%, due 9/1/28 | 2,295,636 | ||||||
FNMA | $1,432,716 principal, 6%, due 12/1/18 | 1,464,551 | ||||||
FNMA | $2,146,709 principal, 6%, due 2/1/19 | 2,194,410 | ||||||
FNMA | $2,088,566 principal, 5.5%, due 2/1/18 | 2,105,407 | ||||||
FNMA | $2,094,072 principal, 6.5%, due 12/1/32 | 2,152,550 | ||||||
FNMA | $338,422 principal, 6%, due 12/1/32 | 342,216 | ||||||
FNMA | $887,175 principal, 5.5%, due 12/1/18 | 892,720 | ||||||
FNMA | $791,014 principal, 6.5%, due 2/1/34 | 813,103 | ||||||
GSMPS | $1,183,296 principal, 8%, due 6/25/34 | 1,234,476 | ||||||
SBAP | $802,403 principal, 6.65%, due 6/1/13 | 828,082 | ||||||
SBAP | $982,877 principal, 6.15%, due 4/1/18 | 1,012,427 | ||||||
SBAP | $537,224 principal, 4.625%, due 2/1/25 | 523,626 | ||||||
Short-term investments: | ||||||||
The Boston Company Pooled Employee Daily Liquidity Fund 2,202,073 share |
2,202,073 |
-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, 2005 |
(a) |
(b) Identity of Issue, Borrower, Lessor, or Similar Party |
(c) Description of Investment, Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value |
(e) Current Value | |
---|---|---|---|---|
Dodge & Cox Stable Value Fund Net Assets (continued): | ||||||||
Other: | ||||||||
Interest receivable | $ | 1,391,923 | ||||||
Pending trades | (818,848 | ) | ||||||
Accrued expenses | (23,665 | ) | ||||||
TOTAL NET ASSETS - Dodge & Cox Managed Stable Value Account | 133,020,029 | |||||||
Common/collective trusts | ||||||||
Dwight Intermediate Core Plus | 9,907,015 units | 134,563,231 | ||||||
Dwight Target 5 Fund | 7,522,598 units | 126,517,536 | ||||||
Dwight Target 2 Fund | 36,154,410 units | 549,406,888 | ||||||
Total common/collective trusts | 810,487,655 | |||||||
Total market value of underlying assets | 1,080,052,354 | |||||||
Wrapper values | ||||||||
AIG Financial Products Corp. 245258 | 4.72% interest rate | 1,618,112 | ||||||
CDC Financial Products 1423-01 | 4.72% interest rate | 1,615,826 | ||||||
RABOBANK NEDERLAND CPQ090001 | 4.87% interest rate | 1,615,926 | ||||||
ROYAL BANK OF CANADA NYDW109 | 4.71% interest rate | 1,649,298 | ||||||
STATE ST BK & TR CO Boston 100003 | 4.71% interest rate | 1,621,621 | ||||||
UBS AG 2752 | 4.87% interest rate | 1,619,144 | ||||||
Total wrapper values | 9,739,927 | |||||||
Total contract value of synthetic guaranteed investment contracts | 1,089,792,281 | |||||||
Guaranteed investment contracts | ||||||||
Metropolitan Life Ins. Co. GIC 2884706901 | 3.19% interest rate | 10,819,008 | ||||||
New York Life Insurance Co. GIC GA31257 | 6.24% interest rate | 6,711,339 | ||||||
Total guaranteed investment contracts | 17,530,347 | |||||||
Total Stable Value Fund | 1,206,730,733 | |||||||
* Participant loans Interest rates ranging from 4.5%-28.88%, maturing through 2033 | 129,587,408 | |||||||
$ | 8,798,830,023 | |||||||
* Indicates party-in-interest to the Plan. |
Note: Column (d), cost, has been omitted, as all investments are participant-directed. -29- |
HEWLETT-PACKARD COMPANY | |
401(k) PLAN | |
June 29, 2006 |
|
/s/ Ann O. Baskins | |
ANN O. BASKINS | |
Senior Vice President, General Counsel | |
and Secretary |
-30- |