Business Acquisitions (Tables)

3 Months Ended

Mar. 30, 2019

Schedule of Preliminary Purchase Price Allocation to Assets Acquired and Liabilities Assumed

The preliminary purchase price allocation to assets acquired and liabilities assumed was as follows (in millions):



Inventory	$	14
Property, plant and equipment	10
Identifiable intangible assets	106
Other assets acquired	11
Deferred tax liabilities	(24		)
Other liabilities assumed	(13		)
Net Assets Acquired	$	104
Goodwill on acquisition	75
Cash paid, net of cash acquired	$	179

Schedule of Preliminary Purchase Price Allocation to Indentifiable Intangible Assets Acquired

The preliminary purchase price allocation to identifiable intangible assets acquired was:



	Fair Value (in millions)		Useful Life (in years)
Customer and other relationships	$	79	8
Current Technology	25		8
Trade Names	2		3
Total identifiable intangible assets	$	106

On August 14, 2018, the Company acquired Xplore Technologies Corporation (“Xplore”). During the first quarter of 2019, the Company recorded measurement period adjustments relating to facts and circumstances existing as of the acquisition date, primarily a $5 million increase in deferred tax assets and a corresponding decrease in goodwill. The Xplore purchase price allocation is still considered preliminary as of March 30, 2019, primarily related to income tax items, and is subject to adjustment during the remaining measurement period.