Acquisitions (Tables)

9 Months Ended

Sep. 30, 2020

Acquisitions [Abstract]

Schedule Of Supplemental Cash Flow Information Regarding Acquisitions

	Nine Months Ended
	September 30,
(In millions)	2020		2019
Assets acquired	$	16	$	402
Liabilities assumed		—		(51)
Net assets acquired	$	16	$	352
Net cash paid	$	11	$	338
Seller financed debt		5		11
Contingent earnout		—		4
Purchase price	$	16	$	352

Preliminary Purchase Price Allocation

Current and other assets(1)	$	11
Property and equipment		6
Goodwill		153
Identifiable intangible assets(2)		66
Current liabilities(3)		(20)
Long-term liabilities(4)		(19)
Total purchase price	$	198

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(1)Primarily trade receivables and net of approximately $9 million of cash acquired.

(2)Primarily customer lists.

(3)Primarily advanced collections from customers.

(4)Includes $15 million of deferred tax liabilities as a result of tax basis differences in intangible assets.

Summary Of Pro Forma Consolidated Financial Information

	(Unaudited)
	Three months ended		Nine months ended
(In millions, except per share data)	September 30, 2019		September 30, 2019
Consolidated revenue	$	474	$	1,414
Consolidated net income	$	29	$	160
Basic earnings per share	$	0.22	$	1.18
Diluted earnings per share	$	0.21	$	1.17