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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Schedule of Purchase Price Allocation
The aggregate purchase price was allocated to the assets acquired and liabilities assumed as follows (in millions):
Current assets (1)
 
$
50

Identifiable intangible assets (2)
 
333

Goodwill (3)
 
288

Property and equipment
 
1

Total liabilities (4)
 
(116
)
Total consideration
 
$
556


(1) Includes cash acquired of $15 million.
(2) Acquired definite-lived intangible assets, consisted of distribution agreements of $214 million with a weighted-average useful life of 15 years, trade names of $104 million with a weighted-average useful life of 13 years and technology of $15 million with a weighted-average life of 4 years.
(3) Goodwill is not tax deductible.
(4) Includes deferred tax liabilities of $70 million and third-party senior debt of $15 million.