The preliminary income statement is estimated based on our current information.
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| KEYSIGHT TECHNOLOGIES, INC. | ||||||||||||||
| CONDENSED CONSOLIDATED BALANCE SHEET | ||||||||||||||
| (In millions, except par value and share amounts) | ||||||||||||||
| (Unaudited) | ||||||||||||||
| PRELIMINARY | ||||||||||||||
| January 31, | October 31, | |||||||||||||
| 2015 | 2014 | |||||||||||||
| ASSETS | ||||||||||||||
| Current assets: | ||||||||||||||
| Cash and cash equivalents | $ | 887 | $ | 810 | ||||||||||
| Accounts receivable, net | 309 | 357 | ||||||||||||
| Receivable from Agilent | 1 | 23 | ||||||||||||
| Inventory | 491 | 498 | ||||||||||||
| Deferred tax assets | 82 | 83 | ||||||||||||
| Other current assets | 108 | 79 | ||||||||||||
| Total current assets | 1,878 | 1,850 | ||||||||||||
| Property, plant and equipment, net | 455 | 470 | ||||||||||||
| Goodwill | 381 | 392 | ||||||||||||
| Other intangible assets, net | 16 | 18 | ||||||||||||
| Long-term investments | 59 | 63 | ||||||||||||
| Long-term deferred tax assets | 135 | 163 | ||||||||||||
| Other assets | 91 | 94 | ||||||||||||
| Total assets | $ | 3,015 | $ | 3,050 | ||||||||||
| LIABILITIES AND EQUITY | ||||||||||||||
| Current liabilities: | ||||||||||||||
| Accounts payable | $ | 158 | $ | 173 | ||||||||||
| Payable to Agilent | 64 | 125 | ||||||||||||
| Employee compensation and benefits | 146 | 167 | ||||||||||||
| Deferred revenue | 176 | 175 | ||||||||||||
| Income and other taxes payable | 60 | 72 | ||||||||||||
| Other accrued liabilities | 82 | 57 | ||||||||||||
| Total current liabilities | 686 | 769 | ||||||||||||
| Long-term debt | 1,099 | 1,099 | ||||||||||||
| Retirement and post-retirement benefits | 187 | 213 | ||||||||||||
| Long-term deferred revenue | 66 | 69 | ||||||||||||
| Other long-term liabilities | 59 | 131 | ||||||||||||
| Total liabilities | 2,097 | 2,281 | ||||||||||||
| Total Equity: | ||||||||||||||
|
Preferred stock; $0.01 par value; 100 million shares authorized; none issued and outstanding |
- | - | ||||||||||||
|
Common stock; $0.01 par value, 1 billion shares authorized; 168
million shares at January 31, 2015
|
2 | 2 | ||||||||||||
| Additional paid-in-capital | 1,111 |
|
1,002 | |||||||||||
| Retained earnings | 171 | 101 | ||||||||||||
| Accumulated other comprehensive loss | (366 | ) | (336 | ) | ||||||||||
| Total stockholders' equity | 918 | 769 | ||||||||||||
| Total liabilities and equity | $ | 3,015 | $ | 3,050 | ||||||||||
| The preliminary balance sheet is estimated based on our current information. | ||||||||||||||
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