BUSINESS COMBINATIONS (Tables)

12 Months Ended

Dec. 31, 2020

Business Combinations [Abstract]

Schedule of Intangible Assets Acquired

Intangible assets acquired were as follows:

			Weighted Average
			Useful Life
(in millions, except for useful life)	Amount		(in years)
Non-compete agreements	$	16	5
Technology know-how	210		10
Tradenames and trademarks	190		20
Total	$	416

Intangible assets acquired were as follows:

			Weighted Average
			Useful Life
(in millions, except for useful life)	Amount		(in years)
Customer relationships	$	18	15
Developed technology and patents	65		15
Tradenames and trademarks	14		Indefinite
Total	$	97

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The preliminary fair values of the assets acquired and liabilities assumed in connection with the Byte acquisition for the year ended December 31, 2020 were as follows:

(in millions)
Cash and cash equivalents	$	13
Current assets	15
Intangible assets	416
Current liabilities	(32)
Long-term assets (liabilities), net	2
Net assets acquired	414
Goodwill	631
Purchase consideration	$	1,045