Acquisitions (Tables)

6 Months Ended

Jun. 30, 2016

Business Combinations [Abstract]

Schedule For Allocation of Acquisition Costs

The following table presents the preliminary allocation of the acquisition cost to the assets acquired and liabilities assumed during 2016 based on their fair values:

For the Six Months Ended June 30, 2016
(In millions of dollars)
Cash	$	79
Estimated fair value of deferred/contingent consideration	26
Total Consideration	$	105
Allocation of purchase price:
Cash and cash equivalents	$	2
Accounts receivable, net	1
Property, plant, and equipment	1
Other intangible assets	43
Goodwill	62
Total assets acquired	109
Current liabilities	2
Other liabilities	2
Total liabilities assumed	4
Net assets acquired	$	105

Pro-Forma Information

The unaudited pro-forma financial data is presented for illustrative purposes only and is not necessarily indicative of the operating results that would have been achieved if such acquisitions had occurred on the dates indicated, nor is it necessarily indicative of future consolidated results.

	Three Months Ended June 30,				Six Months Ended June 30,
(In millions, except per share figures)	2016		2015		2016		2015
Revenue	$	3,376	$	3,328	$	6,721	$	6,658
Income from continuing operations	$	480	$	441	$	973	$	949
Net income attributable to the Company	$	472	$	431	$	955	$	922
Basic net income per share:
– Continuing operations	$	0.91	$	0.80	$	1.83	$	1.72
– Net income attributable to the Company	$	0.91	$	0.81	$	1.83	$	1.72
Diluted net income per share:
– Continuing operations	$	0.90	$	0.80	$	1.82	$	1.70
– Net income attributable to the Company	$	0.90	$	0.80	$	1.82	$	1.70

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

The following chart provides information of other intangible assets acquired during 2016:

	Amount		Weighted Average Amortization Period
Client relationships	$	41	10 years
Other (a)	2		3 years
	$	43

(a) Primarily non-compete agreements, trade names and developed technology.