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SEGMENT INFORMATION (Tables)
12 Months Ended
Oct. 31, 2024
Revenue from External Customer [Line Items]  
Segment profitability
The following tables reflect segment results under our management reporting system after excluding certain unallocated costs as noted in the reconciliations below:
Years Ended October 31,
202420232022
(in millions)
Net Revenue:
Life Sciences and Applied Markets$3,215 $3,510 $3,630 
Diagnostics and Genomics1,651 1,755 1,766 
Agilent CrossLab1,644 1,568 1,452 
Total net revenue$6,510 $6,833 $6,848 
Segment Income from Operations:
Life Sciences and Applied Markets$877 $1,049 $1,097 
Diagnostics and Genomics320 363 390 
Agilent CrossLab524 463 370 
Total reportable segment income from operations 1,721 1,875 1,857 
Share-Based Compensation Expense:
Life Sciences and Applied Markets$59 $60 $62 
Diagnostics and Genomics30 28 32 
Agilent CrossLab29 24 26 
Unallocated share-based compensation expenses (1)
12 — 
Total share-based compensation expense$130 $112 $126 
Depreciation Expense:
Life Sciences and Applied Markets$64 $58 $55 
Diagnostics and Genomics56 45 43 
Agilent CrossLab29 25 22 
Total depreciation expense$149 $128 $120 
(1) Share-based compensation expense amounts not allocated to the segments relate to accelerated share-based compensation expense from workforce reduction and from acquisition of businesses.

Segment assets include allocations of corporate assets, goodwill, net other intangibles and other assets. Unallocated assets primarily consist of cash, cash equivalents, prepaid expenses, long-term investments, deferred tax assets, right-of use assets and other assets.
    The following table reflects segment assets and capital expenditures under our management reporting system.
October 31,
20242023
(in millions)
Assets:
Life Sciences and Applied Markets$3,139 $3,161 
Diagnostics and Genomics5,044 3,966 
Agilent CrossLab915 897 
Total reportable segment assets$9,098 $8,024 
Capital Expenditures:
Life Sciences and Applied Markets$60 $64 
Diagnostics and Genomics299 212 
Agilent CrossLab19 22 
Total capital expenditures$378 $298 
Reconciliation of Reportable Segment Income from Operations to Consolidated Income before taxes.
          The following table reconciles reportable segments' income from operations to Agilent's total enterprise income before taxes:
 Years Ended October 31,
 202420232022
 (in millions)
Total reportable segments' income from operations$1,721 $1,875 $1,857 
Unallocated Costs
Amortization of intangible assets related to business combinations(102)(139)(191)
Acquisition and integration costs(12)(16)(25)
Transformational initiatives(11)(25)(30)
Asset impairments(8)(277)— 
Business exit and divestiture costs — — (7)
Change in fair value of contingent consideration— (1)25 
Restructuring and other related costs(76)(46)— 
Other (24)(21)(11)
Total unallocated costs(233)(525)(239)
Income from operations1,488 1,350 1,618 
Interest income80 51 
Interest expense(96)(95)(84)
Other income (expense), net49 33 (39)
Income before taxes$1,521 $1,339 $1,504 
Reconciliation of Assets from Segment to Consolidated
    The following table reconciles segment assets to Agilent's total assets:
October 31,
20242023
(in millions)
Total reportable segments' assets$9,098 $8,024 
Cash and cash equivalents1,329 1,590 
Prepaid expenses188 139 
Long-term investments175 164 
Long-term and other receivables143 127 
Deferred tax assets351 284 
Right of use assets177 154 
Others385 281 
Total assets$11,846 $10,763 
The other category primarily includes over funded pension plans which are not allocated to the segments.
Revenue and assets by geographic areas The following table presents summarized information for net revenue by geographic region. Revenues from external customers are generally attributed to countries based upon the customers' location.
Years Ended October 31,
202420232022
 (in millions)
Net revenue:   
United States$2,246 $2,410 $2,385 
China including Hong Kong1,217 1,383 1,499 
Rest of the world3,047 3,040 2,964 
Total net revenue6,510 6,833 6,848 

The following table presents summarized information for long-lived assets by geographic region. Long lived assets consist of property, plant, and equipment, right-of-use assets, long-term receivables and other long-term assets excluding intangible assets. The rest of the world primarily consists of Asia and the rest of Europe.
October 31,
20242023
 (in millions)
Long-lived Assets:
United States$1,453 $1,188 
Canada279 
Germany244 192 
Rest of World529 469 
Total Long-lived Assets$2,505 $1,851