Share-Based Compensation (Tables)
3 Months Ended
Apr. 30, 2011
Share-based Compensation [Abstract]  
Allocated Share-based Compensation Expense Table
The impact on our results for share-based compensation was as follows:
 
 
 
Three Months Ended
  
Six Months Ended
 
 
 
April 30,
  
April 30,
 
 
 
2011
  
2010
  
2011
  
2010
 
 
 
(in millions)
 
Cost of products and services
 $3  $2  $10  $8 
Research and development
  2   2   6   6 
Selling, general and administrative
  11   9   28   24 
Total share-based compensation expense
 $16  $13  $44  $38 
 
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology
The following assumptions were used to estimate the fair value of the options and LTPP grants. We had no employee stock options granted during the three months ended April 30, 2011.
 
 
 
Three Months Ended
  
Six Months Ended
 
 
 
April 30,
  
April 30,
 
 
 
2011
  
2010
  
2011
  
2010
 
 
 
 
  
 
  
 
  
 
 
Stock Option Plans:
 
 
  
 
  
 
  
 
 
Weighted average risk-free interest rate
  -   2.4 %  1.5 %  2.2 %
Dividend yield
  -   0 %  0 %  0 %
Weighted average volatility
  -   36 %  35 %  37 %
Expected life
  -  
4.4 yrs
  
5.8yrs
  
4.4 yrs
 
 
                
LTPP:
                
Volatility of Agilent shares
  40 %  39 %  40 %  39 %
Volatility of selected peer-company shares
  20%-76 %  21%-79 %  20%-76 %  20%-80 %
Price-wise correlation with selected peers
  55 %  53 %  55 %  53 %