Acquisitions and Divestitures (Tables)

12 Months Ended

Dec. 31, 2014

Summary of Preliminary Allocation of Purchase Price by Major Asset Acquired and Liability Assumed, Amount of Goodwill Recognized and Net Present Value of Potential Earn-out

The following table represents the preliminary allocation of the purchase price by major asset acquired and liability assumed, as well as the amount of goodwill recognized and the net present value of the potential earn-out:


Assets:
Receivables from customers	$	197
Inventories		269
Prepaid expenses and other current assets		28
Properties, plants, and equipment		680
Goodwill		1,898
Other noncurrent assets		398
Total assets	$	3,470
Liabilities:
Accounts payable	$	162
Other current liabilities		77
Contingent consideration		130
Other noncurrent liabilities		106
Total liabilities	$	475