UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 11-K

(MARK ONE)

x      ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
           

FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2012.

OR

o      TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
           

FOR THE TRANSITION PERIOD FROM                   TO                   

COMMISSION FILE NUMBER: 001-15405

A.      FULL TITLE OF THE PLAN AND THE ADDRESS OF THE PLAN, IF DIFFERENT FROM THAT OF THE ISSUER NAMED BELOW:
         

AGILENT TECHNOLOGIES, INC.
401(K) PLAN

         
B.      NAME OF ISSUER OF THE SECURITIES HELD PURSUANT TO THE PLAN AND THE ADDRESS OF ITS PRINCIPAL EXECUTIVE OFFICE:

AGILENT TECHNOLOGIES, INC.
5301 STEVENS CREEK BOULEVARD
SANTA CLARA, CALIFORNIA 95051

 



Table of Contents
        PAGE
     
REPORTS OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRMS 1
 
FINANCIAL STATEMENTS
 
  Statements of net assets available for benefits 3
 
  Statements of changes in net assets available for benefits 4
 
  Notes to financial statements 5
 
SUPPLEMENTAL SCHEDULES REQUIRED BY THE DEPARTMENT OF LABOR
 
  Schedule H, line 4(a) – Schedule of delinquent participant contributions 15
 
  Schedule H, line 4(i) – Schedule of assets (held at end of year) 16



REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Participants and
Plan Administrator of the
Agilent Technologies, Inc. 401(k) Plan

We have audited the financial statements of the Agilent Technologies, Inc. 401(k) Plan (the Plan) as of December 31, 2012, and for the year then ended, as listed in the accompanying table of contents. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audit.

We conducted our audit in accordance with standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the Plan’s management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2012, and the changes in net assets available for benefits for the year then ended, in conformity with accounting principles generally accepted in the United States of America.

Our audit was performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedules, as listed in the accompanying table of contents, are presented for the purpose of additional analysis and are not a required part of the basic financial statements but are supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, as amended. These supplemental schedules are the responsibility of the Plan’s management. The supplemental schedules have been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements taken as a whole.

/s/Moss Adams LLP

Campbell, California
June 24, 2013

1



REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Participants and
Plan Administrator of the
Agilent Technologies, Inc. 401(k) Plan

We have audited the financial statements of the Agilent Technologies, Inc. 401(k) Plan (the Plan) as of December 31, 2011, and for the year then ended, as listed in the accompanying table of contents. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audit.

We conducted our audit in accordance with standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the Plan’s management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2011, and the changes in net assets available for benefits for the year then ended, in conformity with accounting principles generally accepted in the United States of America.

/s/Mohler, Nixon & Williams
MOHLER, NIXON & WILLIAMS
Accountancy Corporation

Campbell, California
June 21, 2012

2



AGILENT TECHNOLOGIES, INC.
401(k) PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
(in thousands)


December 31,
      2012       2011
Assets:
       Investments, at fair value $      1,961,599 $      1,753,021
 
Receivables:
       Notes receivable from participants 15,308 13,106
       Receivable from broker for securities sold 3,174 309
 
              Total receivables 18,482 13,415
 
              Total assets 1,980,081 1,766,436
 
Liabilities:
       Accrued fees payable 94 83
       Payable to broker for securities purchased 4,147 476
 
              Total liabilities 4,241 559
 
Net assets at fair value 1,975,840 1,765,877
 
       Adjustment from fair value to contract value
              for fully benefit-responsive investment contracts
(12,181 ) (8,811 )
 
Net assets available for benefits $ 1,963,659 $ 1,757,066

See accompanying notes.

3



AGILENT TECHNOLOGIES, INC.
401(k) PLAN
STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
(in thousands)


Years ended
December 31,
      2012       2011
Additions (deductions) to net assets attributed to:
       Investment and other income:
              Dividends and interest $      44,776 $      35,770
              Net realized and unrealized appreciation
                     (depreciation) in fair value of investments
182,490 (62,994 )
 
  227,266 (27,224 )
 
       Contributions:
              Participants' 69,064 70,416
              Employer's 24,842 24,143
 
  93,906 94,559
 
                            Total additions 321,172 67,335
 
Deductions from net assets attributed to
       withdrawals and distributions
114,579 117,301
 
Net increase (decrease) prior to transfers 206,593 (49,966 )
 
Transfer of assets to the Plan - 149,530
 
Net increase in net assets 206,593 99,564
 
Net assets available for benefits:
       Beginning of year 1,757,066 1,657,502
 
       End of year $ 1,963,659 $ 1,757,066

See accompanying notes.

4



NOTE 1 - THE PLAN AND ITS SIGNIFICANT ACCOUNTING POLICIES

General The following description of the Agilent Technologies, Inc. 401(k) Plan (the Plan) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan’s provisions.

The Plan is a defined contribution plan that was established in 2000 by Agilent Technologies, Inc. (the Company) to provide benefits to eligible employees, as defined in the Plan document. The Plan administrator believes that the Plan is currently designed and operated in compliance with the applicable requirements of the Internal Revenue Code of 1986 (the Code), as amended, and the provisions of the Employee Retirement Income Security Act of 1974 (ERISA), as amended. The Company intends that the Plan be qualified pursuant to Sections 401(a) and 401(k) of the Code.

In June 2012, the Company acquired Dako, a cancer diagnostics company. This acquisition has no effect on the Plan in 2012.

Administration – The Board of Directors of the Company has appointed a Benefits Committee (the Committee) with certain authority to manage the policy, design and administration of the Plan. The Company has contracted with Fidelity Management Trust Company (Fidelity) to act as the trustee and an affiliate of Fidelity to process and maintain the records of participant data. Substantially all expenses incurred for administering the Plan are paid by the Company.

Estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Plan’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.

Basis of accounting – The financial statements of the Plan are prepared on the accrual method of accounting in accordance with accounting principles generally accepted in the United States of America.

Investments valuation and income recognitionInvestments of the Plan are held by Fidelity, as trustee, and invested based solely upon instructions received from participants.

The Plan’s investments are stated at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. See Note 3 for discussion of fair value measurements.

Purchases and sales of securities are recorded on a trade date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. Net appreciation (depreciation) includes the Plan’s gains and losses on investments bought or sold as well as held during the year.

Investment contracts held by a defined contribution plan are required to be reported at fair value. However, contract value is the relevant measurement attribute for that portion of the net assets available for benefits of a defined contribution plan attributable to fully benefit-responsive investment contracts because contract value is the amount the participants would receive if they were to initiate permitted transactions under the terms of the Plan. The statements of net assets available for benefits present the fair value of the investment contracts as well as the adjustment to fully benefit-responsive investment contracts from fair value to contract value. The statements of changes in net assets available for benefits are prepared on a contract value basis.

Notes receivable from participants – Notes receivable from participants (notes receivable) are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent notes receivable are reclassified as distributions based upon the terms of the Plan document.

5



Income taxes - The Plan has been amended since receiving its latest favorable determination letter dated June 11, 2009. The Company believes that the Plan is operated in accordance with, and qualifies under, the applicable requirements of the Code and related state statutes, and that the trust, which forms a part of the Plan, is exempt from federal income and state franchise taxes.

The Internal Revenue Service (IRS) has created a five-year determination letter submission cycle for individually-designed plans such as the Agilent Plan. Under this scheme, the Company is required to submit an application for a favorable determination letter once every five years. The Company has filed its most recent request for a determination letter for the Plan with the IRS in January 2013. The letter has been acknowledged as received by the IRS on March 4, 2013 and is currently under review.

Accounting principles generally accepted in the United States of America require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. No uncertain positions have been identified that would require recognition of a liability (or asset) or disclosure in the financial statements as of December 31, 2012. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Plan administrator believes the Plan is no longer subject to income tax examinations for years prior to 2009.

Risks and uncertainties – The Plan provides for various investment options in any combination of investment securities offered by the Plan, including the Company’s common stock. Investment securities are exposed to various risks, such as interest rate, market fluctuations and credit risks. Due to the risk associated with certain investment securities, it is at least reasonably possible that changes in market values, interest rates or other factors in the near term would materially affect participants’ account balances and the amounts reported in the statements of net assets available for benefits and the statements of changes in net assets available for benefits.

Recent accounting pronouncements – In May 2011, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2011-04, Fair Value Measurement (Topic 820) - Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. ASU No. 2011-04 requires information about all transfers between levels 1 and 2, not just significant transfers, disclosure of valuation techniques for level 2 and level 3 measurements, and for level 3 measurements requires disclosure of valuation processes used by the reporting entity and quantitative information about significant unobservable inputs, as well as additional disclosure for level 3 measurements regarding the sensitivity of fair value to changes in unobservable inputs and any interrelationships between those inputs. It also requires disclosure of the categorization by level for items that are not measured at fair value in the statement of net assets available for benefits but are disclosed at fair value. The new guidance is effective for reporting periods beginning after December 15, 2011. The Plan adopted the new disclosure requirements effective January 1, 2012 (Note 3).

Subsequent events The Plan has evaluated subsequent events through June 24, 2013, which is the date the financial statements were available to be issued.

NOTE 2 - STABLE VALUE FUND

Stable Value Fund The Stable Value Fund’s objective is to protect principal while providing a higher rate of return than shorter maturity investments, such as money market funds or certificates of deposit. To achieve this, the Stable Value Fund invests in instruments which are not expected to experience significant price fluctuation in most economic or interest rate environments. However, there is no assurance that this objective can be achieved.

The Plan’s Stable Value Fund is composed primarily of investments in bank collective funds and synthetic investment contracts (synthetic GICs) and a traditional investment contract (traditional GIC). Since the Stable Value Fund is fully benefit-responsive, contract value is the relevant measurement attribute for that portion of the net assets available for benefits attributable to the investments included in the Stable Value Fund. Contract value represents contributions made plus interest accrued at the contract rate, less withdrawals. Traditional GICs are issued by insurance companies and typically pay a guaranteed fixed or floating rate of interest over the life of the contract with a repayment of principal at maturity. A Synthetic GIC is similar to a Traditional GIC but has unbundled the insurance and investment components of the Traditional GIC. Synthetic GICs consist of various contracts with banks or other institutions which provide for fully benefit responsive withdrawals and transfers by Plan participants in the Stable Value Fund at contract value. The fund requires 30 days advance written notice prior to redemption at the Plan level.

6



The Plan’s GICs consist of the following (in thousands):

As of December 31, 2012:

Carrier Name       Major
credit
ratings
      Year-end
contract
value
      Investments
at fair
value (1)
      Investment
contracts at
fair value
      Adjustments
to contract
value (2)
Traditional GIC
Jackson National Life Insurance AA/A1/AA $      4,664 $      4,744 $      (80 )
Synthetic GICs
Monumental Life Insurance Co. AA-/A1/AA- $ 79,853 $      84,526 59 $ (4,732 )
Natixis Financial Products Inc. A/A2/A+ 67,712 72,110 (4,398 )
RGA Reinsurance Co. AA-/A1/A+ 70,638 73,609 (2,971 )
  
Total $ 222,867 $ 230,245 $ 4,803 $     (12,181 )
____________________
 
(1) Note: Total year-end contract value and investments at fair value do not include assets held in cash, which are $18,649,000 as of December 31, 2012.
     
(2) Adjustments from fair value to contract value for fully benefit-responsive investment contracts.

As of December 31, 2011:

Carrier Name       Major
credit
ratings
      Year-end
contract
value
      Investments
at fair
value (1)
      Investment
contracts at
fair value
      Adjustments
to contract
value (2)
Synthetic GICs
Bank of America, N.A. A/A2/A $      29,533 $      30,713 46 $      (1,225 )
Natixis Financial Products Inc. A+/Aa3/A+ 65,616 68,719 (3,103 )
JPMorgan Chase Bank A+/Aa1/AA- 29,561 30,740 173 (1,352 )
Monumental Life Insurance Co. AA-/A1/AA- 65,587 68,695 23 (3,131 )
 
Total $ 190,297 $ 198,867 $      242 $        (8,811 )
____________________
 
(1) Note: Total year-end contract value and investments at fair value do not include assets held in cash, which are $42,887,000 as of December 31, 2011.
     
(2) Adjustments from fair value to contract value for fully benefit-responsive investment contracts.

There are no reserves against contract value for credit risk of the contract issuer or otherwise. The crediting interest rate is based on a formula agreed upon with the contract issuer, but it may not be less than zero. Such interest rates are reviewed on a periodic basis for resetting. The relationship of future crediting rates and the adjustment to contract value reported on the statements of net assets available for benefits is provided through the mechanism of the crediting rate formula. The difference between the contract value and the fair value of the investments of each contract is periodically amortized into each contract’s crediting rate. The amortization factor is calculated by dividing the difference between the fair value of the investment and the contract value of the duration of the bond portfolio covered by the investment contract.

7



The average yields on the fund are as follows for the years ended December 31:

      2012 2011
Average yields:      
       Based on actual earnings 2.60 % 2.77 %
       Based on interest rate credited to participants 2.48 % 2.67 %

The key factors that could influence future interest crediting rates include, but are not limited to: (1) the Plan’s cash flows, (2) changes in interest rates, (3) total return performance of the fair market value bond strategies underlying each synthetic GIC contract, (4) default or credit failures of any of the securities, investment contracts or other investments held in the fund or (5) the initiation of an extended termination of one or more of the synthetic GIC contracts by the contract issuer.

Certain employer initiated events or other external events not initiated by Plan participants will limit the ability of the Plan to transact at contract value with the issuer. Such events include but are not limited to, the following: (1) the Plan’s failure to qualify under the Internal Revenue Code of 1986, as amended, (2) amendments to the Plan documents (including complete or partial Plan termination or merger with another plan), (3) changes to the Plan’s prohibition on competing investment options or establishment of a competing plan by the Plan sponsor, (4) bankruptcy of the Plan sponsor or other Plan sponsor events (for example, divestitures or spin-offs of a subsidiary) that cause a significant withdrawal from the Plan or (5) events resulting in a material and adverse financial impact on the contract issuer, including changes in the tax code, laws or regulations. The Plan administrator does not believe that the occurrence of any such value event, which would limit the Plan’s ability to transact at contract value with participants, is probable.

The synthetic GICs do not permit the contract issuer to terminate the agreement prior to the scheduled maturity date unless there is a breach in contract which is not corrected within the specified cure period.

NOTE 3 - FAIR VALUE MEASUREMENTS

The fair value measurements standard establishes a framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements). The three levels of the fair value hierarchy under the standard are described below:

Basis of fair value measurement

Level 1 - Unadjusted quoted prices for identical assets in active markets that the Plan has the ability to access.

Level 2 - Quoted prices for similar assets in active markets; quoted prices for identical or similar assets in inactive markets; inputs other than quoted prices that are observable for the asset; and inputs that are derived principally from or corroborated by observable market data by correlation or other means. If the asset or liability has a specified (contractual) term, the level 2 input must be observable for substantially the full term of the asset or liability.

Level 3 - Inputs to the valuation methodology are unobservable and significant to the fair value measurement.

The asset’s or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs.

8



Following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used at December 31, 2012 and 2011.

Bank collective funds: Investments are stated at fair value determined as of the close of regular trading. The index funds and U.S. government securities are valued at the net asset value (NAV) of units held as determined by the trustee. The NAV is based on the fair value of the underlying investments held by the fund less its liabilities. The guaranteed investment contracts are valued at fair value by the insurance company by discounting the related cash flows based on current yields of similar instruments with comparable durations considering the credit worthiness of the issuer (see Note 2).

Wrapper contracts: Valued using replacement cost methodology.

Collective trust fund: Valued at the NAV of units held of a bank collective trust. The NAV is based on the fair value of the underlying investments held by the fund less its liabilities.

Mutual funds and money market funds: Valued at the NAV of shares held by the Plan at year end.

Common stocks and employer stock: Valued at the closing price reported on the active market on which the individual securities are traded.

The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

9



The following tables set forth by level within the fair value hierarchy, the Plan’s assets at fair value, as of December 31, 2012 and 2011.

Investment Assets at Fair Value as of December 31, 2012

(in thousands)

Description       Level 1       Level 2       Level 3       Total
Mutual funds:
       Index funds $      316,885 $      316,885
       Balanced funds 239,792 239,792
       Growth funds 592,122   592,122
       Fixed income 201,482   201,482
       Other funds 6,466 6,466
       Total mutual funds 1,356,747 1,356,747
 
Common stocks:
       Industrial 3,210 3,210
       Telecommunications 536 536
       Consumer 7,058 7,058
       Financial institutions 4,849 4,849
       Energy 4,414 4,414
       Media 2,388 2,388
       Pharmaceuticals 2,734 2,734
       Technology 3,397 3,397
       Other 1,106 1,106
       Total common stocks 29,692 29,692
 
Bank collective funds:
       Index funds $      178,000 178,000
       U.S. government securities 60,200 60,200
       Guaranteed investment contract 230,245 230,245
       Wrapper contracts $      4,803 4,803
       Total bank collective funds 468,445 4,803 473,248
 
Collective trust fund 30,489 30,489
Employer stock 51,016 51,016
Money market funds 20,407 20,407
Total assets at fair value $ 1,457,862 $ 498,934 $ 4,803 $ 1,961,599

10



Investment Assets at Fair Value as of December 31, 2011

(in thousands)

Description       Level 1       Level 2       Level 3       Total
Mutual funds:
       Index funds $      271,836 $      271,836
       Balanced funds 191,071 191,071
       Growth funds 568,015   568,015
       Fixed income 175,137 175,137
       Other funds 5,530 5,530
       Total mutual funds 1,211,589 1,211,589
 
Common stocks:
       Industrial 1,906 1,906
       Telecommunications 847 847
       Consumer 6,754 6,754
       Financial institutions 2,742 2,742
       Energy 4,889 4,889
       Media 1,548 1,548
       Pharmaceuticals 3,141 3,141
       Technology 3,627 3,627
       Other 1,050 1,050
       Total common stocks 26,504 26,504
 
Bank collective funds:
       Index funds $      134,975 134,975
       U.S. government securities 45,790 45,790
       Guaranteed investment contract 198,867 198,867
 
       Wrapper contracts $      242 242
       Total bank collective funds 379,632 242 379,874
 
Collective trust fund 25,515 25,515
Employer stock 65,611 65,611
Money market funds 43,928 43,928
Total assets at fair value $ 1,347,632 $ 405,147 $ 242 $ 1,753,021

NOTE 4 - RELATED PARTY TRANSACTIONS

Certain Plan investments are managed by an affiliate of Fidelity, the trustee of the Plan. Any purchases and sales of these funds are performed in the open market at fair value. Such transactions, while considered party-in-interest transactions under ERISA regulations, are permitted under the provisions of the Plan and are specifically exempt from the prohibition of party-in-interest transactions under ERISA.

11



As allowed by the Plan, participants may elect to invest a portion of their accounts in the Agilent Technologies Stock Fund (the Fund), which is primarily invested in shares of Company common stock. Investments in the Fund are at the direction of the Plan participants. Participants are not permitted to allocate more than 25% of their total contributions, including Company matching contributions, to the Fund and the maximum amount of the participant’s account balance that can be allocated to the Fund is limited to 25% of the participant’s account. Effective as of December 28, 2012, the Plan was amended to provide that if a participant’s total investment in the Fund is greater than 25% of the participant’s total Plan account balance, the amount in excess of the limit must be transferred to a different investment option available under the Plan. If an affected participant did not make an alternative investment election, the amount in excess of the limit was transferred to the Plan’s default investment option. The same process will take place at the end of the 2013 and 2014 Plan years. The shares of Company common stock are traded in the open market.

The number of shares of the Company common stock in the Fund was 1,246,120 and 1,878,354 as of December 31, 2012 and 2011, respectively. The fair value of the Company common stock included in the Fund was approximately $51,016,000 and $65,611,000 at December 31, 2012 and 2011, respectively. The Fund assigns units of participation to those participants with account balances in the Fund. The total number of units in the Fund at December 31, 2012 and 2011 was 1,693,270 and 2,558,749, respectively, and the net unit value was $30.37 and $25.91, respectively, at these dates. The Fund is comprised primarily of Company common stock purchased on the open market. The Fund also includes a minor investment in the Fidelity Institutional Money Market Fund.

In January 2012, the Company approved the initiation of a quarterly cash dividend to Company shareholders. As a result, the Company determined that it was desirable to convert the Fund to an Employee Stock Ownership Plan component under the 401(k) Plan (the “ESOP”). The Company’s Compensation Committee approved the ESOP conversion in March 2012 and the Benefits Committee approved it in June 2012. Effective June 27, 2012, the Plan was amended to adopt the ESOP conversion. Under the terms of the ESOP, participants may elect to either receive any dividends in cash or reinvest the dividends into the Fund.

NOTE 5 - PARTICIPATION AND BENEFITS

Eligibility Employees who are eligible to participate in the Plan include those employees of the Company and its designated domestic subsidiaries who are on the U.S. dollar payroll and who are employed as regular full-time or regular part-time employees of the Company. There is no waiting period for eligibility.

Participant contributions Upon initially becoming an eligible employee, a participant is deemed to have elected a 3% pre-tax deferral effective on the first day of commencement of participation, unless that employee makes a change to that election in the manner prescribed by the Plan. Participating employees can elect to have the Company contribute up to 50% of their eligible pre-tax or after-tax compensation, not to exceed the amount allowable under the Plan document and current income tax regulations. Participants who elect to have the Company contribute a portion of their compensation to the Plan agree to accept an equivalent reduction in taxable or taxed compensation. Contributions withheld are invested in accordance with the participant’s direction. The Plan also allows eligible participants to make a catch-up contribution up to the maximum allowed under current income tax regulations.

Participants are also allowed to make rollover contributions of eligible distributions received from other tax-qualified employer-sponsored retirement plans. Such contributions are deposited in the appropriate investment funds in accordance with the participant’s direction and the Plan’s provisions.

Employer contributions The Company makes matching contributions as required by the Plan document. In 2012 and 2011, the Company matched 100% of the employee’s salary deferral for the first 3% of employee’s eligible pre-tax or taxed compensation, and 50% of their salary deferral for the next 2% of their eligible pre-tax or taxed compensation. The Company matching contribution is deposited into the individual employee’s Plan account after the end of each pay period.

Both employee deferrals and Company contributions in 2012 and 2011 have been made in cash for all funds; however, Company contributions may be made in either cash or common stock of the Company. No Company contributions have been made in the form of common stock of the Company in 2012 and 2011.

Vesting Participants are 100% vested in their salary deferrals of eligible pre-taxed or taxed compensation, rollover contributions, and Company matching contributions, subject to the terms of the Plan.

12



Participant accounts Each participant’s account is credited with the participant’s salary deferrals of eligible pre-taxed or taxed compensation, Plan earnings or losses and an allocation of the Company’s matching contribution. Allocation of the Company’s matching contribution is based on participant salary deferrals of eligible pre-taxed or taxed compensation, as defined in the Plan.

Participants can transfer their invested funds among the available investment options and/or change the investment of their future contributions as often as desired. These transfers and changes must be made in whole percent increments. Initial contributions for new hires are automatically invested in the retirement age-appropriate Vanguard Target Retirement Fund, the fund designated as the Plan default fund until the participant makes a change to that investment election.

Payment of benefits Upon termination of employment, the participants or beneficiaries may elect to leave their account balance in the Plan, or receive their total benefits in a lump sum amount equal to the value of the participant’s interest in their account, in the form of rollovers or payments in cash and Company stock. The Plan allows for automatic lump sum distribution of participant account balances that do not exceed $1,000.

Notes receivable from participant The Plan allows participants to borrow not less than $1,000 and up to the lesser of $50,000 or 50% of their account balance. The notes receivable are secured by the participant’s balance. Such notes receivable bear interest at a rate fixed at the time of the loan at the prime rate plus one-half percent and must be repaid to the Plan between one year and four years. Generally, notes receivable are repaid semi-monthly via automatic payroll deduction. The Plan allows terminated participants to electronically continue to repay their notes receivable after termination of employment. The specific terms and conditions of such notes receivable are established by the Committee. Outstanding notes receivable at December 31, 2012 carry interest rates ranging from 3.75% to 9.25%.

NOTE 6 - MERGERS & TRANSFERS

On February 28, 2011, the Varian, Inc. Retirement Plan was merged into the Plan and assets totaling approximately $150 million were transferred from the Varian, Inc. Retirement Plan into the Plan.

NOTE 7 - INVESTMENTS

The following table is a summary of the fair values of investments and investment funds that represent 5% or more of the Plan’s net assets at December 31 (in thousands):

      2012       2011
Pyramid Intermediate Fixed Income Fund $      * $      137,414
Pyramid Short Managed Maturing Fund 156,635 *
BlackRock ACWI Ex US Non-Lending Index 100,541 *
Fidelity Contrafund 210,060 196,331
Fidelity Magellan Fund * 100,561
Fidelity Low-Priced Stock Funds 121,072 111,194
Harbor Capital Appreciation Fund 148,071 *
PIMCO Total Return Fund 201,482 175,137
Vanguard Institutional Index Plus Fund 228,222 195,582

*Less than 5% of the Plan’s net assets at year end

The Plan’s investments (including gains and losses on investments bought and sold, as well as held during the year appreciated (depreciated) in value as follows for the years ended December 31 (in thousands):

2012       2011
Common stock       $      15,289 $      (11,881 )
Bank collective funds 20,542 (1,395 )
Collective trust funds 3,869 (1,314 )
Mutual funds 142,790 (48,404 )
 
$ 182,490 $ (62,994 )

13



NOTE 8 - RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500

The following is a reconciliation of net assets available for benefits per the financial statements to the Form 5500 (in thousands):

      December 31,
2012       2011
Net assets available for benefits per the financial statements $      1,963,659 $      1,757,066
Adjustment from contract value to fair value for fully benefit-responsive  
       investment contracts 12,181 8,811
 
Net assets available for benefits at fair value per the Form 5500 $ 1,975,840 $ 1,765,877

As described in Note 1, fully benefit-responsive investment contracts are reported at fair value in the Form 5500 and are reported at contract value in the financial statements.

The following is a reconciliation of the affected components of the changes in net assets available for benefits per the financial statements to the Form 5500 (in thousands) for the year ended December 31, 2012:

Amount per
the Amount per
  financial Adjustment to the
      statements       fair value       Form 5500
Investment and other income $ 227,266 $ 3,370 $ 230,636

NOTE 9 - PLAN TERMINATION OR MODIFICATION

The Company intends to continue the Plan indefinitely for the benefit of its participants; however, it reserves the right to terminate or modify the Plan at any time by resolution of its Board of Directors and subject to the provisions of ERISA.

14



AGILENT TECHNOLOGIES, INC.       EIN: 77-0518772
401(k) PLAN PLAN #003
SCHEDULE H, LINE 4a - SCHEDULE OF DELINQUENT PARTICIPANT CONTRIBUTIONS
YEAR ENDED DECEMBER 31, 2012

      Totals that constitute nonexempt prohibited transactions      
            Corrected in
Participant Contributions accordance with
contributions Contributions pending the principles of
transferred late Contributions corrected correction VFCP and PTE
to Plan not corrected outside VFCP in VFCP 2002-51
$ 2,477       $ 2,477     $ 2,477

15



AGILENT TECHNOLOGIES, INC.       EIN: 77-0518772
401(k) PLAN PLAN #003
SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)  
DECEMBER 31, 2012

Identity of issue, borrower, Description of investment including maturity date, Current
lessor or similar party rate of interest, collateral, par or maturity value       value
        Stable Value Fund Holdings:        
*        Money Market   Money market $ 18,648,767
 
       Pyramid Intermediate Fixed Income Fund Bank Collective Fund 38,012,719
       Pyramid Intermediate Managed Maturing Fund Bank Collective Fund 35,597,150
       Pyramid Short Managed Maturing Fund Bank Collective Fund 156,635,528
              Total bank collective funds 230,245,397
 
       Jackson National Life Insurance Wrapper Contracts 4,743,523
       Monumental Life Insurance Co Wrapper Contracts 59,029
              Total investment contracts at fair value 4,802,552
 
              Total fair value of underlying assets of Stable Value Fund 253,696,716
 
BlackRock US Debt Index Fund Bank Collective Fund 77,459,122
  BlackRock ACWI Ex US Non-Lending Index Bank Collective Fund 100,541,204
State Street Global Advisors TIPS Fund Bank Collective Fund 60,200,129
Harbor Capital Appreciation Fund Mutual Fund 148,070,673
Templeton Foreign Fund A Mutual Fund 81,722,224
PIMCO Total Return Fund Mutual Fund 201,481,621
Domini Social Equity Fund Mutual Fund 6,466,275
Small Cap Core - Goldman Sachs Mutual Fund 31,197,717
Small Cap Core - Copper Rock Small Cap Growth Collective Trust Fund 30,488,508
       Money Market Money Market 47,213
* Fidelity Institutional Money Market Fund Money Market 797,227
* Agilent Technologies, Inc. common stock Common Stock 51,016,153
* Fidelity Contrafund Mutual Fund 210,059,506
* Fidelity Low-Priced Stock Fund Mutual Fund 121,071,830
Vanguard Extended Market Index Fund Mutual Fund 88,662,549
Vanguard Institutional Index Plus Fund Mutual Fund 228,222,370
Vanguard Target Retirement Income Fund Mutual Fund 10,534,968
Vanguard Target Retirement 2010 Fund Mutual Fund 16,594,586
Vanguard Target Retirement 2015 Fund Mutual Fund 34,427,692
Vanguard Target Retirement 2020 Fund Mutual Fund 49,506,375
Vanguard Target Retirement 2025 Fund Mutual Fund 45,046,674
Vanguard Target Retirement 2030 Fund Mutual Fund 27,589,501
Vanguard Target Retirement 2035 Fund Mutual Fund 22,517,931
Vanguard Target Retirement 2040 Fund Mutual Fund 18,774,586
Vanguard Target Retirement 2045 Fund Mutual Fund 8,364,980
Vanguard Target Retirement 2050 Fund Mutual Fund 5,362,760
Vanguard Target Retirement 2055 Fund Mutual Fund 1,072,373

16



AGILENT TECHNOLOGIES, INC.       EIN: 77-0518772
401(k) PLAN   PLAN #003
SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2012

Identity of issue, borrower,       Description of investment including maturity date,       Current
lessor or similar party rate of interest, collateral, par or maturity value value
        AllianceBernstein US Value Equities Portfolio:
*        Fidelity Institutional Money Market Fund Money Market        913,472
   
       Aetna Inc Common Stock 209,507
       Altria Group Inc Common Stock 474,442
       American Electric Power Co Common Stock   122,705
       Apple Inc   Common Stock 519,704
         Applied Materials Inc Common Stock 352,352
       Astrazeneca Plc Spons Adr Common Stock 456,155

17



AGILENT TECHNOLOGIES, INC.       EIN: 77-0518772
401(k) PLAN   PLAN #003
SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2012

Identity of issue, borrower,       Description of investment including maturity date,       Current
lessor or similar party rate of interest, collateral, par or maturity value value
               AT&T Inc Common Stock        364,068
       Atmos Energy Corp Common Stock 172,088
       BB&T Corp Common Stock 291,100
       BP Plc Spon Adr Common Stock 449,712
       Bank of America Corp Common Stock 566,080
       Berkshire Hathaway CL B Common Stock 98,670
       Bunge Ltd Common Stock 105,400
       CA Inc Common Stock 17,584
       CenturyLink Inc Common Stock 172,128
       CF Industries Holdings Inc Common Stock 36,569
       Chevron Corp Common Stock 529,886
         Chubb Corp Common Stock 88,501
       Cimarex Energy Co Common Stock 86,595
       Cisco Systems Inc Common Stock 508,935
         CIT Group Common Stock 479,136
       Citigroup Inc Common Stock 842,628
       Coca Cola Co Common Stock 108,750
       Coca Cola Enterprises Inc Common Stock 17,451
       Comcast Corp CL A Common Stock 534,534
       Conagra Foods Inc Common Stock 100,300
       Covidien Plc Common Stock 31,757
       Cummins Inc Common Stock 281,710
       CVS Caremark Corp Common Stock 212,740
       Dell Inc   Common Stock 47,611
       Delta Air Inc Common Stock 255,205
       Diamond Offshore Drilling Common Stock 237,860
       The Walt Disney Co Common Stock 303,719
       Discover Fin Svcs Common Stock 373,935
       DirectTV CL A Common Stock 255,816
       DTE Energy Co Common Stock 21,017
       Edison Intl Common Stock 225,950
       Exxon Mobil Corp Common Stock 1,438,894
       FedEx Corp Common Stock 89,427
       Fidelity Natl Finl Inc Common Stock 186,045
       Fifth Third Bancorp Common Stock 45,570
       Flowserve Corp Common Stock 264,240
       Ford Motor Co Common Stock 378,140

18



AGILENT TECHNOLOGIES, INC.       EIN: 77-0518772
401(k) PLAN   PLAN #003
SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2012

Identity of issue, borrower,       Description of investment including maturity date,       Current
lessor or similar party rate of interest, collateral, par or maturity value value
               Gamestop Corp Common Stock 238,355
       Gannett Inc Common Stock 248,538
       General Dynamics Corp Common Stock 200,883
       General Electric Co Common Stock 726,254
       Great Plains Energy Inc Common Stock 144,201
       Harris Corp Common Stock 156,672
       Health Net Inc Common Stock 136,080
       Helmerich & Payne Inc Common Stock 308,055
       Hewlett-Packard Co Common Stock 521,550
       Home Depot Inc Common Stock 216,475
       Intl Bus Mach Corp Common Stock 181,972
       Johnson & Johnson Common Stock 504,720
       JPMorgan Chase & Co Common Stock 373,745
       Key Corp Common Stock 16,840
       Kimberly Clark Corp Common Stock 46,437
       Kroger Co Common Stock 499,584
       Lear Corp New Common Stock 252,936
       Lorillard Inc Common Stock 338,343
       Lowes Cos Inc Common Stock 277,056
       LyondellBasell Inds Class Common Stock 388,212
       Macys Inc Common Stock 358,984
       Marathon Oil Corp Common Stock 68,985
       McDonalds Corp Common Stock 44,105
       McGraw-Hill Co Common Stock 333,487
       McKesson Corp Common Stock 31,512
       Metronic Inc Common Stock 270,732
       Merck & Co Inc New Common Stock 393,024
       MGM Resorts International Common Stock 357,348
       MetLife Inc. Common Stock 95,526
       Micron Technology Inc Common Stock 234,950
       Microsoft Corp Common Stock 326,106
       Motorola Solutions Inc Common Stock 19,488

19



AGILENT TECHNOLOGIES, INC.       EIN: 77-0518772
401(k) PLAN   PLAN #003
SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2012

Identity of issue, borrower,       Description of investment including maturity date,       Current
lessor or similar party rate of interest, collateral, par or maturity value value
               News Corp Ltd CL A Common Stock 284,771
       Nike Inc Common Stock 38,700
       Northrop Grumman Corp Common Stock 57,443
       NV Energy Inc Common Stock 255,774
       Oracle Corp Common Stock 226,576
       Parker Hannifin Corp Common Stock 57,416
       Partnerre Ltd Common Stock 233,421
       Pepsico Inc Common Stock 123,174
       Pfizer Inc Common Stock 1,063,392
       Philip Morris Intl Inc Common Stock 271,830
       PNC Fin Services Group Common Stock 34,986
       PPG Industries Inc Common Stock 128,583
       PPL Corp Common Stock 20,041
       Procter & Gamble Co Common Stock 449,771
       Pulte Group Inc Common Stock 308,720
       Regions Financial Corp Common Stock 21,360
       Reinsurance Group of America Common Stock 144,504
       Reynolds American Inc Common Stock 19,679
       Roche Holding Ltd Spon Adr Common Stock 161,600
       Royal Dutch Shell Sp Common Stock 220,640
       Sempra Energy Common Stock 19,509
       State Street Corp Common Stock 230,349
         Suntrust Banks Inc Common Stock 49,613
       Symantec Corp Common Stock 192,803
       Target Corp Common Stock 53,253
       TJX Companies Inc Common Stock 348,090
       Time Warner Cable Common Stock 354,744
       Timken Co Common Stock 162,622
       Torch Mark Corp   Common Stock 82,672
       Travelers Companies Inc Common Stock 93,366
         TRW Automotive Hldgs Corp Common Stock   192,996
         Tyson Foods Inc Common Stock 353,080
       US Bancorp Del Common Stock 335,370
       Union Pacific Corp Common Stock 150,864
       United Technologies Corp Common Stock 82,010

20



AGILENT TECHNOLOGIES, INC.       EIN: 77-0518772
401(k) PLAN   PLAN #003
SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2012

Identity of issue, borrower,       Description of investment including maturity date,       Current
lessor or similar party rate of interest, collateral, par or maturity value value
             Valero Energy Corp       Common Stock       73,358
       Validus Holding Common Stock 82,992
       Vertex Pharmaceuticals Inc Common Stock 155,178
       Viacom Inc CL B Common Stock 406,098
       Visa Inc Common Stock 90,948
       Wellpoint Inc Common Stock 520,866
       Wells Fargo & Co Common Stock 854,500
 
         Total fair value of common stock 29,692,218
 
       Total fair value of underlying assets of AllianceBernstein    
                US Value Equities 30,605,690
 
* Notes receivable from participants Interest rates ranging from 3.75% to 9.25%   15,308,011
 
Total       $        1,976,907,164

* Party-in-interest

21



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.

      AGILENT TECHNOLOGIES, INC.
 
 
Dated: June 24, 2013 By:       /s/ NEIL P. DOUGHERTY
      Neil P. Dougherty
Vice President, Treasurer

22



EXHIBIT INDEX

Exhibit
Number       Description
23.1 Consent of Moss Adams LLP
23.2 Consent of Mohler, Nixon & Williams Accountancy Corporation

23