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SEGMENT INFORMATION (Tables) | 6 Months Ended
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Apr. 30, 2024
Segment Reporting [Abstract] |
Segment Profitability and Segment Assets | The profitability of each of the segments is measured after excluding items such as transformational initiatives, acquisition and integration costs, amortization of intangible assets related to business combinations, interest income, interest expense and other items as noted in the reconciliations below:
| Three Months Ended |  | Six Months Ended
| April 30, |  | April 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
| (in millions)
Net Revenue: |  |  |  |  |  |  |
Life Sciences and Applied Markets | $ | 754 |  |  | $ | 874 |  |  | $ | 1,600 |  |  | $ | 1,817 |
Diagnostics and Genomics | 417 |  |  | 456 |  |  | 824 |  |  | 888 |
Agilent CrossLab | 402 |  |  | 387 |  |  | 807 |  |  | 768 |
Total net revenue | $ | 1,573 |  |  | $ | 1,717 |  |  | $ | 3,231 |  |  | $ | 3,473 |
Segment Income From Operations: |  |  |  |  |  |  |
Life Sciences and Applied Markets | $ | 186 |  |  | $ | 244 |  |  | $ | 422 |  |  | $ | 544 |
Diagnostics and Genomics | 86 |  |  | 93 |  |  | 156 |  |  | 166 |
Agilent CrossLab | 123 |  |  | 103 |  |  | 245 |  |  | 206 |
Total segment income from operations | $ | 395 |  |  | $ | 440 |  |  | $ | 823 |  |  | $ | 916 |
The following table reflects segment and unallocated assets. Segment assets include allocations of corporate assets, goodwill, net other intangibles and other assets. Unallocated assets primarily consist of cash, cash equivalents, short-term and long-term investments, deferred tax assets, right-of-use assets and other assets.
| April 30, 2024 |  | October 31, 2023
| (in millions)
Assets: |  |  |
Life Sciences and Applied Markets | $ | 3,096 |  |  | $ | 3,161 |
Diagnostics and Genomics | 3,978 |  |  | 3,966 |
Agilent CrossLab | 925 |  |  | 897 |
Unallocated Assets | 2,857 |  |  | 2,739 |
Total assets | $ | 10,856 |  |  | $ | 10,763 |
Reconciliation of segment results to total enterprise results | The following table reconciles segment income from operations to Agilent’s total enterprise income before taxes:
| Three Months Ended |  | Six Months Ended
| April 30, |  | April 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
| (in millions)
Total segment income from operations | $ | 395 |  |  | $ | 440 |  |  | $ | 823 |  |  | $ | 916 |
Unallocated costs: |  |  |  |  |  |  |
Amortization of intangible assets related to business combinations | (26) |  |  | (38) |  |  | (52) |  |  | (74) |
Acquisition and integration costs | 1 |  |  | (5) |  |  | (1) |  |  | (7) |
Transformational initiatives | (1) |  |  | (5) |  |  | (4) |  |  | (12) |
Asset impairment | — |  |  | — |  |  | (8) |  |  | — |
Change in fair value of contingent consideration | — |  |  | — |  |  | — |  |  | (1) |
Restructuring and other related costs | (1) |  |  | — |  |  | (4) |  |  | — |
Other | (5) |  |  | (9) |  |  | (7) |  |  | (13) |
Total unallocated costs | (32) |  |  | (57) |  |  | (76) |  |  | (107) |
Income from operations | 363 |  |  | 383 |  |  | 747 |  |  | 809 |
Interest income | 19 |  |  | 12 |  |  | 37 |  |  | 21 |
Interest expense | (20) |  |  | (24) |  |  | (42) |  |  | (49) |
Other income (expense), net (1) | 12 |  |  | 6 |  |  | 35 |  |  | 6 |
Income before taxes, as reported | $ | 374 |  |  | $ | 377 |  |  | $ | 777 |  |  | $ | 787 |
(1) For the six months ended April 30, 2024, other income (expense), net includes primarily income related to foreign currency translation reclassified out of accumulated comprehensive income (loss) and the defined benefit retirement and post-retirement benefit plans.

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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