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GOODWILL AND OTHER INTANGIBLE ASSETS (Notes)
3 Months Ended
Jan. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS
GOODWILL AND OTHER INTANGIBLE ASSETS
 
The following table presents goodwill balances and the movements for each of our reportable segments during the three months ended January 31, 2019:
 
 
Life Sciences and Applied Markets
 
Diagnostics and Genomics
 
Agilent CrossLab
 
Total
 
(in millions)
Goodwill as of October 31, 2018
$
803

 
$
1,607

 
$
563

 
$
2,973

Foreign currency translation impact
3

 
2

 
2

 
7

Goodwill arising from acquisitions
153

 

 

 
153

Goodwill as of January 31, 2019
$
959

 
$
1,609

 
$
565

 
$
3,133


The components of other intangible assets as of January 31, 2019 and October 31, 2018 are shown in the table below:
 
 
Purchased Other Intangible Assets
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
 
(in millions)
As of October 31, 2018
 

 
 

 
 

Purchased technology
$
947

 
$
683

 
$
264

Trademark/Tradename
151

 
88

 
63

Customer relationships
107

 
63

 
44

Third-party technology and licenses
28

 
19

 
9

Total amortizable intangible assets
1,233

 
853

 
380

In-Process R&D
111

 

 
111

Total
$
1,344

 
$
853

 
$
491

As of January 31, 2019
 

 
 

 
 

Purchased technology
$
1,028

 
$
703

 
$
325

Trademark/Tradename
153

 
92

 
61

Customer relationships
128

 
67

 
61

Third-party technology and licenses
28

 
20

 
8

Total amortizable intangible assets
1,337

 
882

 
455

In-Process R&D
111

 

 
111

Total
$
1,448

 
$
882

 
$
566


On November 14, 2018, we acquired 100 percent of the stock of ACEA Biosciences (“ACEA”), a developer of cell analysis tools, for approximately $250 million in cash. The financial results of ACEA have been included within our financial results from the date of the close. The purchase accounting for this acquisition is substantially complete and will be finalized during 2019, as we assess the tax impact and finalize the intangibles valuation of the acquisition.

In general, for United States Federal Tax Purposes, goodwill from asset purchases is deductible, however any goodwill created as part of a stock acquisition is not deductible. 

During the three months ended January 31, 2019, we recorded additions to goodwill of $153 million and additions to other intangible assets of $102 million related to the ACEA acquisition. During the three months ended January 31, 2019, other intangible assets, net increased $2 million due to the impact of foreign exchange translation.

Each quarter we review the events and circumstances to determine if impairment of indefinite-lived intangible assets and goodwill is indicated. There were no indicators of impairments of indefinite-lived intangible assets or goodwill during the three months ended January 31, 2019 and 2018, respectively.

Amortization expense of intangible assets was $29 million and $26 million for the three months ended January 31, 2019 and 2018, respectively.

Future amortization expense related to existing finite-lived purchased intangible assets for the remainder of fiscal year 2019 and for each of the five succeeding fiscal years and thereafter is estimated below:
Estimated future amortization expense:
 
(in millions)
 
Remainder of 2019
$
80

2020
$
95

2021
$
81

2022
$
65

2023
$
55

2024
$
46

Thereafter
$
33