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SEGMENT INFORMATION (Tables)

9 Months Ended

Jul. 31, 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												Nine Months Ended
			July 31,												July 31,
			2024						2023						2024						2023
			(in millions)
Net Revenue:
Life Sciences and Applied Markets			$	782					$	854					$	2,382					$	2,671
Diagnostics and Genomics			385						422						1,209						1,310
Agilent CrossLab			411						396						1,218						1,164
Total net revenue			$	1,578					$	1,672					$	4,809					$	5,145
Segment Income From Operations:
Life Sciences and Applied Markets			$	222					$	265					$	644					$	809
Diagnostics and Genomics			70						96						226						262
Agilent CrossLab			140						129						385						335
Total segment income from operations			$	432					$	490					$	1,255					$	1,406

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.  

			July 31, 2024						October 31, 2023
			(in millions)
Assets:
Life Sciences and Applied Markets			$	3,106					$	3,161
Diagnostics and Genomics			3,986						3,966
Agilent CrossLab			916						897
Unallocated Assets			2,988						2,739
Total assets			$	10,996					$	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												Nine Months Ended
			July 31,												July 31,
			2024						2023						2024						2023
			(in millions)
Total segment income from operations			$	432					$	490					$	1,255					$	1,406
Unallocated costs:
Amortization of intangible assets related to business combinations			(25)						(38)						(77)						(112)
Acquisition and integration costs			(4)						(5)						(5)						(12)
Transformational initiatives			(1)						(19)						(5)						(31)
Asset impairment			—						(277)						(8)						(277)
Change in fair value of contingent consideration			—						—						—						(1)
Restructuring and other related costs			(67)						—						(71)						—
Other			(2)						(18)						(9)						(31)
Total unallocated costs			(99)						(357)						(175)						(464)
Income from operations			333						133						1,080						942
Interest income			19						13						56						34
Interest expense			(22)						(24)						(64)						(73)
Other income (expense), net (1)			13						10						48						16
Income before taxes, as reported			$	343					$	132					$	1,120					$	919

(1) For the nine months ended July 31, 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.

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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.

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