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COMBINED AND CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Oct. 31, 2015
Oct. 31, 2014
Oct. 31, 2013
Net revenue:      
Products $ 2,408 $ 2,479 $ 2,434
Services and other 448 454 454
Total net revenue 2,856 2,933 2,888
Costs and expenses:      
Cost of products 1,025 1,083 1,044
Cost of services and other 244 230 221
Total costs 1,269 1,313 1,265
Research and development 387 361 375
Selling, general and administrative 787 790 752
Other operating expense (income), net (18) 0 0
Total costs and expenses 2,425 2,464 2,392
Income from operations 431 469 496
Interest income 1 0 0
Interest expense (46) (3) 0
Other income (expense), net 2 9 5
Income before taxes 388 475 501
Provision (benefit) for income taxes (125) 83 44
Net income $ 513 $ 392 $ 457
Net income per share:      
Basic (in dollars per share) [1] $ 3.04 $ 2.35 $ 2.74
Diluted (in dollars per share) [1] $ 3.00 $ 2.35 $ 2.74
Weighted average shares used in computing net income per share:      
Basic (in shares) [1] 169 167 167
Diluted (in shares) [1] 171 167 167
[1] On November 1, 2014, Agilent Technologies, Inc. distributed 167 million shares of Keysight common stock to existing holders of Agilent common stock. Basic and diluted net income per share for all periods through October 31, 2014 is calculated using the shares distributed on November 1, 2014.