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SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Oct. 31, 2015

Share-based Compensation [Abstract]

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The impact on our results for share-based compensation was as follows:

	Years Ended October 31,
	2015				2014				2013
	(in millions)
Cost of products and services	$	12			$	11			$	9
Research and development	9				7				7
Selling, general and administrative	34				26				27
Total share-based compensation expense	$	55			$	44			$	43

Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions And Methodology

The following assumptions were used to estimate the fair value of employee stock options and LTP Program grants.

	Years Ended October 31,
	2015		2014		2013
Stock Option Plans:
Weighted average risk-free interest rate	1.60%		1.69%		0.86%
Dividend yield	0%		1%		1%
Weighted average volatility	31%		39%		39%
Expected life	4.9 years		5.8 years		5.8 years
LTP Program:
Volatility of Keysight shares (Agilent shares for FY13)	26%		—		37%
Volatility of selected peer-company shares	17%-67%		—		6%-64%
Price-wise correlation with selected peers	38%		—		49%

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The following table summarizes employee stock option award activity made to our employees and directors for 2015:

	Options Outstanding			Weighted Average Exercise Price
	(in thousands)
Outstanding at October 31, 2014	2,202			$	36
Keysight converted at October 31, 2014 (a)	3,947			$	20
Granted	968			$	31
Exercised	(830	)		$	16
Forfeited and expired	(60	)		$	18
Outstanding at October 31, 2015	4,025			$	24

^(a)  Awards outstanding/unvested held by Keysight employees on October 31, 2014 were converted into Keysight awards to maintain their pre-distribution intrinsic value based on Agilent’s closing stock price of $55.28 on October 31, 2014.  The adjusted number of awards were calculated using the post-spin Keysight stock price of $30.80, which is the volume-weighted average trading price of Keysight Shares over the first two trading sessions immediately after the Distribution Date, computed by dividing (i) the aggregate sales price of all shares sold over the NYSE during such two trading sessions, by (ii) the number of such sold shares. 

Forfeited and expired options from total cancellations in 2015 were as follows:

	Options canceled			Weighted Average Exercise Price
	(in thousands)
Forfeited	16			$	27
Expired	44			$	15
Total options canceled during 2015	60			$	18

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

The options outstanding and exercisable for equity share-based payment awards at October 31, 2015 were as follows:

	Options Outstanding													Options Exercisable
Range of Exercise Prices	Number Outstanding			Weighted Average Remaining Contractual Life		Weighted Average Exercise Price				Aggregate Intrinsic Value				Number Exercisable			Weighted Average Remaining Contractual Life		Weighted Average Exercise Price				Aggregate Intrinsic Value
	(in thousands)			(in years)						(in thousands)				(in thousands)			(in years)						(in thousands)
$0 - 25	2,314			4.2		$	19			$	32,648			1,714			3.4		$	19			$	24,928
$25.01 - 30	737			8.1		$	30			2,400				182			8.1		$	30			591
$30.01 - 40	974			9.0		$	31			2,020				3			8.4		$	31			5
	4,025			6.1		$	24			$	37,068			1,899			3.8		$	20			$	25,524

Share Based Compensation Arrangement By Share Based Payment Award Fair Value Intrinsic Value Options Exercised

The following table summarizes the aggregate intrinsic value of options exercised and the fair value of options granted in 2015, 2014 and 2013:

	Aggregate Intrinsic Value				Weighted Average Exercise Price				Per Share Value Using Black-Scholes Model
	(in thousands)
Options exercised in fiscal 2013	$	26,808			$	28
Black-Scholes per share value of options granted during fiscal 2013									$	12
Options exercised in fiscal 2014	$	39,886			$	30
Black-Scholes per share value of options granted during fiscal 2014									$	19
Options exercised in fiscal 2015	$	15,160			$	16
Black-Scholes per share value of options granted during fiscal 2015									$	9

Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Roll Forward

The following table summarizes non-vested award activity in 2015 primarily for our LTP Program and restricted stock unit awards:

	Shares			Weighted Average Grant Date Fair Value
	(in thousands)
Non-vested at October 31, 2014	1,422			$	44
Keysight converted at October 31, 2014 (a)	2,552			$	25
Granted	1,725			$	33
Vested	(1,052	)		$	25
Forfeited	(39	)		$	29
Change in LTP Program shares vested in the year due to performance conditions	(66	)		$	28
Non-vested at October 31, 2015	3,120			$	29

^(a)  Awards outstanding/unvested held by Keysight employees on October 31, 2014 were converted into Keysight awards to maintain their pre-distribution intrinsic value based on Agilent’s closing stock price of $55.28 on October 31, 2014.  The adjusted number of awards were calculated using the post-spin Keysight stock price of $30.80, which is the volume-weighted average trading price of Keysight Shares over the first two trading sessions immediately after the Distribution Date, computed by dividing (i) the aggregate sales price of all shares sold over the NYSE during such two trading sessions, by (ii) the number of such sold shares. 

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- Definition

Disclosure of components of non-vested stock option or other award plan under which share-based compensation is awarded to employees, typically comprised of the amount of unearned compensation, compensation expense, and changes in the quantity and fair value of the shares granted, exercised, forfeited, and issued and outstanding pertaining to that plan.

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Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

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-SubTopic 10
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-Number Topic 14
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Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

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-SubTopic 10
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