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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported) May 31, 2001
AGILENT TECHNOLOGIES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 001-15405 77-0518772
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(State or other jurisdiction of (Commission File Number) (IRS Employer Identification No.)
incorporation or organization)
395 Page Mill Road, Palo Alto, California 94306
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (650) 752-5000
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(Former name, former address and former fiscal year,
if changed since last report)
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Item 5. Other Events
On November 17, 2000, we agreed to sell our healthcare solutions business
to Koninklijke Philips Electronics, N.V. ("Philips") for $1.7 billion pursuant
to an asset purchase agreement. Agilent and Philips received antitrust clearance
for the transaction from the European Union Commission in March 2001. As of May
31, 2001, the U.S. Department of Justice decided to allow the transaction to
proceed without challenge. Consequently, our consolidated financial statements
have been restated to reflect our healthcare solutions business as discontinued
operations in accordance with Accounting Principles Board Opinion No. 30
"Reporting the Results of Operations - Reporting the Effects of Disposal of a
Segment of a Business, and Extraordinary, Unusual and Infrequently Occurring
Events and Transactions" ("APB 30"). The financial position, results of
operations and cash flows of our healthcare solutions business have been
classified as discontinued, and prior periods have been restated, including the
reallocation of general overhead charges to our remaining business segments. The
restated consolidated financial statements are attached as Exhibit 99.1 to this
Form 8-K.
Item 7. Financial Statements and Exhibits
(c) Exhibits
A list of exhibits is set forth in the Exhibit Index found on page 4 of
this Report on Form 8-K.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: June 29, 2001 Agilent Technologies, Inc.
(Registrant)
By: /s/ ROBERT R. WALKER
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Robert R. Walker
Executive Vice President and
Chief Financial Officer
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EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
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23.1 Consent of Independent Accountants.
99.1 Restated Agilent Technologies, Inc. 2000 Financial Report.
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