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Acquisitions and Divestitures (Tables)
6 Months Ended
Jun. 30, 2019
Allocation of purchase price

2019 Acquisition Activity

 

Finite-Lived

Intangible-Asset

(Millions)

    

    

Weighted-Average

 

Asset (Liability)

M*Modal

Lives (Years)

 

Accounts receivable

$

77

Other current assets

 

2

Property, plant, and equipment

 

8

Purchased finite-lived intangible assets:

Customer related intangible assets

 

275

14

Other technology-based intangible assets

160

6

Definite-lived tradenames

11

6

Purchased goodwill

 

517

Other assets

59

Accounts payable and other liabilities

 

(124)

Interest bearing debt

 

(251)

Deferred tax asset/(liability)

 

(30)

Net assets acquired

$

704

Supplemental information:

Cash paid

$

708

Less: Cash acquired

 

4

Cash paid, net of cash acquired

$

704

Approximate amounts of major assets and liabilities associated with disposal groups classified as held-for-sale

    

June 30,

 

(Millions)

    

2019

 

Accounts receivable

$

25

Inventory

 

25

Intangible assets

25