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Acquisitions (Tables)
9 Months Ended
Sep. 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 Nine Months Ended September 30, 2016
 
(In millions)
 
Cash
$
90

Estimated fair value of deferred/contingent consideration
29

Total Consideration
$
119

Allocation of purchase price:
 
Cash and cash equivalents
$
2

Accounts receivable, net
1

Property, plant, and equipment
1

Other intangible assets
45

Goodwill
74

Total assets acquired
123

Current liabilities
2

Other liabilities
2

Total liabilities assumed
4

Net assets acquired
$
119

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

 
13 years
Other (a)
 
4

 
4 years
 
 
$
45

 
 
(a) Primarily non-compete agreements, trade names and developed technology.
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
September 30,
 
Nine Months Ended
September 30,
(In millions, except per share figures)
2016

 
2015

 
2016

 
2015

Revenue
$
3,137

 
$
3,177

 
$
9,860

 
$
9,838

Income from continuing operations
$
384

 
$
333

 
$
1,357

 
$
1,283

Net income attributable to the Company
$
379

 
$
328

 
$
1,335

 
$
1,251

Basic net income per share:
 
 
 
 
 
 
 
– Continuing operations
$
0.73

 
$
0.62

 
$
2.57

 
$
2.35

– Net income attributable to the Company
$
0.73

 
$
0.62

 
$
2.57

 
$
2.34

Diluted net income per share:
 
 
 
 
 
 
 
– Continuing operations
$
0.73

 
$
0.61

 
$
2.54

 
$
2.32

– Net income attributable to the Company
$
0.73

 
$
0.61

 
$
2.54

 
$
2.32