AGILENT TECHNOLOGIES, INC. - 10-Q filing on 2015-03-10

DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Jan. 31, 2015

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of income (loss) from discontinued operations

The following table summarizes results from discontinued operations of Keysight included in the condensed consolidated statement of operations:



	Three Months Ended
	January 31,
	2015			2014
	(in millions)
Net revenue	$	—		$	671
Costs and expenses	32			577
Operating income (loss)	(32		)	94
Other income (expense), net	—			—
Income (loss) from discontinued operations before tax	(32		)	94
Provision (benefit) for income taxes	(2		)	20
Net income (loss) from discontinued operations	$	(30	)	$	74

Schedule of assets and liabilities of discontinued operations

The following table presents Agilent's electronic measurement business assets and liabilities removed from the condensed consolidated balance sheet as of November 1, 2014 and presented as discontinued operations as of October 31, 2014:



	October 31, 2014
	(in millions)
Assets:
Cash	$	810
Accounts receivable	357
Inventory	498
Other current assets	156
Current assets of discontinued operations	1,821
Property, plant and equipment	470
Goodwill	392
Other intangibles	18
Long-term investments	63
Other assets	222
Non-current assets of discontinued operations	1,165
Total assets of discontinued operations	$	2,986
Liabilities:
Accounts payable	$	173
Employee compensation and benefits	167
Deferred revenue	175
Other accrued liabilities	108
Current liabilities of discontinued operations	623
Long-term debt	1,099
Retirement and post-retirement benefits	213
Other long-term liabilities	122
Long-term liabilities of discontinued operations	1,434
Total liabilities of discontinued operations	$	2,057