FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2019

The following table provides a summary of the recognized assets and liabilities that are measured at fair value on a recurring basis:



			Basis of Fair Value Measurements
	Total		Level 1		Level 2		Level 3
December 31, 2019
Assets:
Trading securities	$	59	$	59	$	—	$	—
Cash surrender value of life insurance policies	43		—		43		—
Available-for-sale debt securities	12		—		—		12
Total	$	114	$	59	$	43	$	12

Liabilities:
Deferred compensation liabilities	$	110	$	—	$	110	$	—
Fix-to-variable interest rate swaps	28		—		28		—
Contingent consideration	7		—		—		7
Total	$	145	$	—	$	138	$	7

Redeemable noncontrolling interest	$	76	$	—	$	—	$	76

December 31, 2018
Assets:
Trading securities	$	53	$	53	$	—	$	—
Cash surrender value of life insurance policies	34		—		34		—
Total	$	87	$	53	$	34	$	—

Liabilities:
Deferred compensation liabilities	$	96	$	—	$	96	$	—
Fix-to-variable interest rate swaps	93		—		93		—
Contingent consideration	14		—		—		14
Total	$	203	$	—	$	189	$	14

Redeemable noncontrolling interest	$	77	$	—	$	—	$	77

A summary of the significant inputs is as follows:



Business Acquisition	Benchmark	Comparable Company Revenue Volatility	Discount rate	Maximum Contingent Consideration Payment

Shiel	Volume	6.9%	4.5%	$	15
ReproSource	Revenue	8.5%	6.5%	$	10
Boyce & Bynum	Volume	8.0%	7.2%	$	25

The following table provides a reconciliation of the beginning and ending balances of liabilities using significant unobservable inputs (Level 3):



	Contingent Consideration

Balance, December 31, 2017	$	7
Purchases, additions and issuances	19
Settlements	(1		)
Total (gains)/losses included in earnings - realized/unrealized	(11		)
Balance, December 31, 2018	14
Purchases, additions and issuances	6
Settlements	(1		)
Total (gains)/losses included in earnings - realized/unrealized	(12		)
Balance, December 31, 2019	$	7