Keysight Technologies

Fair Value Hedges We enter into interest rate swap contracts to mitigate the interest rate exposure on our senior notes due to changes in the benchmark interest rate.

SEC original ↗Keysight Technologies — 10-Q Quarterly report10-QSep 2, 2026

For fair value hedges, the changes in the fair value of both the hedging instruments and the underlying debt obligations are immediately recognized in earnings.

SEC original ↗Keysight Technologies — 10-Q Quarterly report10-QSep 2, 2026

The change in the fair value of these contracts is recognized within other long-term liabilities in the condensed consolidated balance sheet with an offset to the carrying value of the related long-term debt.

SEC original ↗Keysight Technologies — 10-Q Quarterly report10-QSep 2, 2026

22 T a b l e o f C o n t e n t s The fair value of our debt, calculated from quoted prices that are Level 1 inputs under the authoritative accounting guidance fair value hierarchy, is approximately $ 2,513 million and $ 2,565 million as of July 31, 2026 and October 31, 2025, respectively.

SEC original ↗Keysight Technologies — 10-Q Quarterly report10-QSep 2, 2026

Revolving Credit Facility On April 21, 2026 , we entered into a new credit agreement (the Revolving Credit Facility ) that amended and restated our existing credit agreement dated July 30, 2021 (the 2021 Revolving Credit Facility ) in its entirety and provides for a $ 750 million five -year unsecured revolving credit facility that will expire on April 21, 2031 .

SEC original ↗Keysight Technologies — 10-Q Quarterly report10-QSep 2, 2026

In addition, the Revolving Credit Facility permits the company, subject to certain customary conditions, on one or more occasions to request to increase the total commitments under the Revolving Credit Facility by up to $ 350 million in the aggregate.

SEC original ↗Keysight Technologies — 10-Q Quarterly report10-QSep 2, 2026

We are executing our strategy and capitalizing on the opportunities in our end markets, said Satish Dhanasekaran, Keysight s President and CEO.

SEC original ↗Keysight Technologies — Earnings release (8-K exhibit)EX-99Aug 19, 2025

Restructuring and others We exclude incremental expenses associated with restructuring initiatives including those of acquired entities, usually aimed at material changes in the business or cost structure.

SEC original ↗Keysight Technologies — Earnings release (8-K exhibit)EX-99Aug 19, 2025

Fair Value Hierarchy The guidance establishes a fair value hierarchy that prioritizes inputs used in valuation techniques into three levels.

SEC original ↗Keysight Technologies — 10-Q Quarterly report10-QSep 2, 2026

As part of our risk management strategy, we use derivative instruments, primarily forward contracts, cross-currency swaps, and interest rate swaps, to hedge economic and/or accounting exposures resulting from changes in foreign currency exchange rates and interest rates.

SEC original ↗Keysight Technologies — 10-Q Quarterly report10-QSep 2, 2026

These forward-looking statements involve risks and uncertainties that could significantly affect the expected results and are based on certain key assumptions of Keysight s management and on currently available information.

SEC original ↗Keysight Technologies — Earnings release (8-K exhibit)EX-99Aug 19, 2025

Due to such uncertainties and risks, no assurances can be given that such expectations or assumptions will prove to have been correct, and readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

SEC original ↗Keysight Technologies — Earnings release (8-K exhibit)EX-99Aug 19, 2025

The forward-looking statements contained herein include, but are not limited to, predictions, future guidance, projections, beliefs, and expectations about the company s goals, revenues, financial condition, earnings, and operations that involve risks and uncertainties that could cause Keysight s results to differ materially from management s current expectations.

SEC original ↗Keysight Technologies — Earnings release (8-K exhibit)EX-99Aug 19, 2025

Such risks and uncertainties include, but are not limited to, impacts of global economic conditions such as inflation or recession, slowing demand for products or services, volatility in financial markets, reduced access to credit, increased interest rates, impacts of geopolitical tension and conflict outside of the U.

SEC original ↗Keysight Technologies — Earnings release (8-K exhibit)EX-99Aug 19, 2025

, export control regulations and compliance, net zero emissions commitments, customer purchasing decisions and timing, tariff and trade policy impacts and order cancellations.

SEC original ↗Keysight Technologies — Earnings release (8-K exhibit)EX-99Aug 19, 2025

Legal Proceedings 41 Item 1A.

SEC original ↗Keysight Technologies — 10-Q Quarterly report10-QSep 2, 2026