Business Combinations and Asset Acquisitions (Tables)

9 Months Ended

Oct. 02, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of Preliminary and Final 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):

Identifiable intangible assets	$	114
Right-of-use lease asset	11
Inventories	6
Other assets acquired	5
Deferred tax liabilities	(27)
Lease liability	(11)
Other liabilities assumed	(4)
Net assets acquired	$	94
Goodwill on acquisition	207
Total purchase price	$	301

Schedule of Preliminary Purchase Price Allocation to Identifiable Intangible Assets Acquired

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

	Fair Value (in millions)		Useful Life (in years)
Technology and patents	$	100	7
Customer and other relationships	5		2
Trade names	9		5
Total identifiable intangible assets	$	114