XML 21 R46.htm IDEA: XBRL DOCUMENT v2.4.0.6
SEGMENT INFORMATION (Tables)
12 Months Ended
Oct. 31, 2011
SEGMENT INFORMATION [Abstract]  
Segment profitability
The profitability of each of the segments is measured after excluding restructuring and asset impairment charges, investment gains and losses, interest income, interest expense, acquisition and integration costs, non-cash amortization and other items as noted in the reconciliations below.

   
Life Sciences
  
Chemical
Analysis
  
Electronic
Measurement
  
Total
Segments
 
   
(in millions)
 
Year ended October 31, 2011:
            
Total segment revenue
 $1,792  $1,518  $3,316  $6,626 
Varian acquisition deferred revenue fair value adjustment
 $(4) $(7)  -  $(11)
Total net revenue
 $1,788  $1,511  $3,316  $6,615 
Income from operations
 $237  $313  $760  $1,310 
Depreciation expense
 $39  $28  $75  $142 
Share-based compensation expense
 $20  $17  $36  $73 
Year ended October 31, 2010:
                
Total segment revenue
 $1,479  $1,200  $2,784  $5,463 
Varian acquisition deferred revenue fair value adjustment
 $(15) $(4) $-  $(19)
Total net revenue
 $1,464  $1,196  $2,784  $5,444 
Income from operations
 $221  $279  $438  $938 
Depreciation expense
 $34  $24  $66  $124 
Share-based compensation expense
 $17  $13  $34  $64 
Year ended October 31, 2009:
                
Total net revenue
 $1,219  $844  $2,418  $4,481 
Income from operations
 $174  $216  $1  $391 
Depreciation expense
 $27  $14  $71  $112 
Share-based compensation expense
 $18  $12  $36  $66 
Reconciliation of segment results to total enterprise results
The following table reconciles reportable segments' income from operations to Agilent's total enterprise income before taxes:
 
   
Years Ended October 31,
 
   
2011
  
2010
  
2009
 
   
(in millions)
 
Total reportable segments' income from operations
 $1,310  $938  $391 
Restructuring related costs
  (2)  (65)  (252)
Asset Impairments
  (9)  (19)  (44)
Transformational programs
  (51)  (39)  - 
Amortization of intangibles
  (113)  (77)  (45)
Retirement plans net curtailment and settlement
  1   -   16 
Acquisition and integration costs
  (54)  (102)  - 
Varian acquisition related fair value adjustments
  (9)  (51)  - 
Other
  (2)  (19)  (19)
Interest Income
  14   20   29 
Interest Expense
  (86)  (96)  (88)
Gain on sale of network solutions division, net
  -   132   - 
Other income (expense), net
  33   70   19 
Income before taxes, as reported
 $1,032  $692  $7 
Assets and capital expenditures directly managed by each segment
The following table presents assets and capital expenditures directly managed by each segment. Unallocated assets primarily consist of cash, cash equivalents, accumulated amortization of other intangibles, the valuation allowance relating to deferred tax assets and other assets.
 
   
Life Sciences
  
Chemical
Analysis
  
Electronic
Measurement
  
Total
Segments
 
   
(in millions)
 
As of October 31, 2011:
            
Assets
 $1,837  $1,772  $2,156  $5,765 
Capital expenditures
 $41  $23  $124  $188 
As of October 31, 2010:
                
Assets
 $1,564  $1,635  $2,245  $5,444 
Capital expenditures
 $30  $15  $76  $121 
 
The following table reconciles segment assets to Agilent's total assets:
 
   
October 31,
 
   
2011
  
2010
 
   
(in millions)
 
Total reportable segments' assets
 $5,765  $5,444 
Cash, cash equivalents and short-term investments
  3,527   4,199 
Prepaid expenses
  107   118 
Investments
  114   135 
Long-term and other receivables
  221   283 
Other, including valuation allowance
  (677)  (483)
Total assets
 $9,057  $9,696 
Revenue and assets by geographic areas
The following table presents summarized information for net revenue and long-lived assets by geographic region for continuing operations. Long lived assets consist of property, plant, and equipment, long-term receivables and other long-term assets excluding intangible assets. The rest of the world primarily consists of Southeast Asia and Europe.
 
   
United
States
  
China
  
Japan
  
Rest of the
World
  
Total
 
   
(in millions)
 
Net revenue:
               
Year ended October 31, 2011
 $2,016  $1,035  $700  $2,864  $6,615 
Year ended October 31, 2010
 $1,760  $744  $549  $2,391  $5,444 
Year ended October 31, 2009
 $1,495  $598  $476  $1,912  $4,481 

   
United
States
  
Japan
  
Rest of the
World
  
Total
 
   
(in millions)
 
Long-lived assets:
            
October 31, 2011
 $567  $170  $551  $1,288 
October 31, 2010
 $654  $180  $515  $1,349