5 unchanged sentences
The graph below shows the cumulative total stockholder return on our common stock with the cumulative total return of the S&P 500 Index and our peer group, consisting of all companies in the Health Care and Materials Indexes of the S&P 500, assuming an initial investment of $100 on October 31, 2015 and the reinvestment of all dividends.
−Removed: The cumulative returns on our common stock have also been adjusted to reflect the spin-off of our electronic measurement business into an independent publicly traded company called Keysight Technologies, Inc.
−Removed: on November 1, 2014.
Agilent’s stock price performance shown in the following graph is not indicative of future stock price performance.
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INDEXED RETURNS
+Added: Base Years Ending
Company Name / Index 10/31/2015 10/31/2016 10/31/2017 10/31/2018 10/31/2019 10/31/2020
Agilent Technologies 100 116.63 183.87 176.70 208.42 283.31
+Added: S&P 500 100 104.51 129.21 138.70 158.57 173.97
+Added: Peer Group 100 99.21 123.71 134.82 147.29 163.88
ISSUER PURCHASES OF EQUITY SECURITIES
The table below summarizes information about the company’s purchases, based on trade date, of its equity securities registered pursuant to Section 12 of the Exchange Act during the quarterly period ended October 31, 2020.
−Removed: The total number of shares of common stock purchased by the company during the fiscal year ended October 31, 2019 is 10,436,060 shares.
−Removed: Total Number of
+Added: The total number of shares of common stock purchased by the company during the fiscal year ended October 31, 2020 was 5,227,273 shares.
+Added: Period Total Number of
Shares of Common
−Removed: Stock Purchased(1)
−Removed: Weighted Average
+Added: Stock Purchased(1) Weighted Average
Price Paid per Share of
−Removed: Common Stock(2)
+Added: Common Stock(2) Total
Shares of Common
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Announced Plans or
+Added: Programs(1) Maximum
Approximate Dollar
6 unchanged sentences
August 31, 2020
+Added: 526,247 $ 98.38 526,247 $ 756
September 1, 2020 through
September 30, 2020
+Added: 1,041,643 $ 98.98 1,041,643 $ 653
October 1, 2020 through
October 31, 2020
+Added: 908,745 $ 104.62 908,745 $ 558
+Added: Total 2,476,635 $ 100.92 2,476,635
(1) On November 19, 2018 we announced that our board of directors had approved a new share repurchase program (the "2019 repurchase program") designed, among other things, to reduce or eliminate dilution resulting from issuance of stock under the company's employee equity incentive programs.
−Removed: The 2019 share repurchase program authorizes the purchase of up to $1.75 billion of our common stock at the company's discretion and has no fixed termination date.
−Removed: As of October 31, 2019 , we had remaining authorization to repurchase up to $1.03 billion of our common stock under this program.
+Added: The 2019 repurchase program authorizes the purchase of up to $1.75 billion of our common stock at the company's discretion and has no fixed termination date.
+Added: As of October 31, 2020, we had remaining authorization to repurchase up to $558 million of our common stock under this program.
The 2019 repurchase program does not require the company to acquire a specific number of shares and may be suspended, amended or discontinued at any time.
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Years Ended October 31,
+Added: 2020 2019 2018 2017 2016
(in millions, except per share data)
Consolidated Statement of Operations Data:
−Removed: Income from continuing operations before taxes
−Removed: Income from continuing operations
−Removed: Loss from discontinued operations, net of taxes
−Removed: Net income per share — basic:
−Removed: Income from continuing operations
−Removed: Loss from discontinued operations, net of taxes
+Added: Net revenue (1)
+Added: $ 5,339 $ 5,163 $ 4,914 $ 4,472 $ 4,202
+Added: Income before taxes $ 842 $ 919 $ 946 $ 803 $ 544
+Added: Net income (2)
+Added: $ 719 $ 1,071 $ 316 $ 684 $ 462
Net income per share - Basic $ 2.33 $ 3.41 $ 0.98 $ 2.12 $ 1.42
Net income per share - Diluted $ 2.30 $ 3.37 $ 0.97 $ 2.10 $ 1.40
−Removed: Income from continuing operations
−Removed: Loss from discontinued operations, net of taxes
−Removed: Net income per share - diluted
−Removed: Weighted average shares used in computing basic net income per share
−Removed: Weighted average shares used in computing diluted net income per share
+Added: Weighted average shares used in computing net income per share:
+Added: Basic 309 314 321 322 326
+Added: Diluted 312 318 325 326 329
Cash dividends declared per common share $ 0.720 $ 0.656 0.596 $ 0.528 $ 0.460
+Added: (1) In 2019 we adopted ASC Topic 606, Revenue from Contracts with Customers , using the modified retrospective approach.
+Added: Results for reporting periods for 2019 and after are presented under ASC 606, while prior period amounts were not adjusted and continue to be reported in accordance with ASC Topic 605, Revenue Recognition .
+Added: (2) Net income for the year ended October 31, 2019 was impacted by a tax benefit of $299 million related to the extension of tax incentives in Singapore.
+Added: Net income for the year ended October 31, 2018 was impacted by a tax expense of $552 million related to the enactment of the U.S Tax Cuts and Jobs Act of 2017 (the "Tax Act").
+Added: 2020 2019 2018 2017 2016
(in millions)
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Working capital $ 1,948 $ 1,109 $ 2,677 $ 2,906 $ 2,690
+Added: Total assets $ 9,627 $ 9,452 $ 8,541 $ 8,426 $ 7,794
Long-term debt $ 2,284 $ 1,791 $ 1,799 $ 1,801 $ 1,904
Stockholders' equity $ 4,873 $ 4,748 $ 4,567 $ 4,831 $ 4,243
+Added: (1) In 2020, we adopted ASC Topic 842, Leases , using the modified retrospective method.
+Added: Results for reporting periods beginning November 1, 2019 are presented under ASC 842, while prior period amounts were not adjusted and are reported under ASC 840.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.