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SHARE-BASED COMPENSATION (Tables) | 12 Months Ended
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Oct. 31, 2021
Share-based Payment Arrangement, Noncash Expense [Abstract] |
Allocated Share-based compensation expense disclosure | The impact on our results for share-based compensation was as follows:
| Years Ended October 31,
| 2021 |  | 2020 |  | 2019
| (in millions)
Cost of products and services | $ | 26 |  |  | $ | 21 |  |  | $ | 18 |
Research and development | 12 |  |  | 9 |  |  | 7 |
Selling, general and administrative | 73 |  |  | 54 |  |  | 47 |
Total share-based compensation expense | $ | 111 |  |  | $ | 84 |  |  | $ | 72 |
Share-based compensation arrangement by share-based payment award fair value assumptions and methodology schedule | The following assumptions were used to estimate the fair value of awards granted.
| Years Ended October 31,
| 2021 |  | 2020 |  | 2019
Stock Option Plan: |  |  |  |  |
Weighted average risk-free interest rate | 0.5% |  | — |  | —
Dividend yield | 0.7% |  | — |  | —
Weighted average volatility | 26% |  | — |  | —
Expected life | 5.5 years |  | — |  | —
LTPP: |  |  |  |  |
Volatility of Agilent shares | 30% |  | 23% |  | 22%
Volatility of selected peer-company shares | 24%-57% |  | 15%-44% |  | 15%-66%
Pair-wise correlation with selected peers | 45% |  | 29% |  | 30%
Post-vest restriction discount for all executive awards | 6.8% |  | 5.3% |  | 5.0%
Summary of stock option award activity | The following table summarizes employee stock option award activity of our employees and directors for 2021.
| Options Outstanding |  | Weighted Average Exercise Price
| (in thousands) |  |
Outstanding at October 31, 2020 | 870 |  |  | $ | 37 |
Granted | 391 |  |  | $ | 113 |
Exercised | (312) |  |  | $ | 33 |
Cancelled | (6) |  |  | $ | 110 |
Outstanding at October 31, 2021 | 943 |  |  | $ | 69 |
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, 2021 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)
$25.01 - $30.00 | 42 |  |  | 1.1 |  | $ | 26 |  |  | $ | 5,582 |  |  | 42 |  |  | 1.1 |  | $ | 26 |  |  | $ | 5,582 |
$30.01 - $40.00 | 105 |  |  | 2.1 |  | $ | 39 |  |  | 12,270 |  |  | 105 |  |  | 2.1 |  | $ | 39 |  |  | 12,270 |
$40.01- $50.00 | 412 |  |  | 3.0 |  | $ | 41 |  |  | 48,075 |  |  | 412 |  |  | 3.0 |  | $ | 41 |  |  | 48,075 |
$100.00 - $110.00 | 338 |  |  | 9.0 |  | $ | 110 |  |  | 16,115 |  |  | — |  |  | — |  |  | $ | — |  |  | — |
$110.01 & over | 46 |  |  | 9.6 |  | $ | 133 |  |  | 1,115 |  |  | — |  |  | — |  |  | $ | — |  |  | — |
| 943 |  |  | 5.3 |  | $ | 69 |  |  | $ | 83,157 |  |  | 559 |  |  | 2.7 |  | $ | 40 |  |  | $ | 65,927 |
Schedule of intrinsic value of options exercised and the fair value of options granted | The following table summarizes the aggregate intrinsic value of options exercised in 2021, 2020 and 2019 and the fair value of options granted in 2021:
| Aggregate Intrinsic Value |  | Weighted Average Exercise Price |  | Per Share Value Using Black-Scholes Model
| (in thousands) |  |  |  |
Options exercised in fiscal 2019 | $ | 24,409 |  |  | $ | 33 |  |  |
Options exercised in fiscal 2020 | $ | 30,481 |  |  | $ | 34 |  |  |
Options exercised in fiscal 2021 | $ | 34,305 |  |  | $ | 33 |  |  |
Black Scholes per share value of options granted during fiscal 2021 |  |  |  |  | $ | 26 |
Non-vested award activity disclosure | The following table summarizes non-vested award activity in 2021 primarily for our LTPP and restricted stock unit awards.
| Shares |  | Weighted Average Grant Price
| (in thousands) |  |
Non-vested at October 31, 2020 | 2,818 |  |  | $ | 70 |
Granted | 871 |  |  | $ | 118 |
Vested | (1,252) |  |  | $ | 67 |
Forfeited | (90) |  |  | $ | 83 |
Change in LTPP shares in the year due to exceeding performance targets | 172 |  |  | $ | 67 |
Non-vested at October 31, 2021 | 2,519 |  |  | $ | 88 |

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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. + References No definition available. + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, and long-term performance plan grants. + References No definition available. + Details
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- Definition Disclosure of grant date fair value of stock options granted and the intrinsic value of a stock option exercised during the period under share-based compensation plan. + References No definition available. + Details
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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=122041274&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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