XML 55 R44.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2

SEGMENT INFORMATION (Tables)

6 Months Ended

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.

X

- 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

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration