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Fair Value Measurement
6 Months Ended
Jun. 30, 2018
Fair Value Measurement  
Fair Value Measurement

Note 3 — Fair Value Measurement    

 

Refer to Note 2 of the Company’s audited financial statements for the year ended December 31, 2017, which is included as Exhibit 13.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2017, as filed with the SEC, for a discussion regarding fair value measurement.

 

The Company had no transfers between Level 1, Level 2 or Level 3 assets during the six months ended June 30, 2018 and 2017.

 

As of June 30, 2018, the Company had recorded goodwill in the amount of $4.1 billion. The Company performed its annual impairment testing of its goodwill balance as of May 31, 2018, and this test did not indicate any impairment. The fair value of the reporting units substantially exceeds their carrying value.