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Business Acquisitions (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Preliminary and Final Purchase Price Allocation to Assets Acquired and Liabilities Assumed
The purchase price allocation to assets acquired and liabilities assumed was as follows (in millions):
Identifiable intangible assets$297 
Inventory31 
Other assets acquired24 
Deferred tax liabilities(78)
Other liabilities assumed(32)
Net assets acquired$242 
Goodwill on acquisition639 
Total purchase price$881 
The purchase price allocation to assets acquired and liabilities assumed was as follows (in millions):
Identifiable intangible assets$47 
Accounts receivable
Other assets acquired
Deferred tax liabilities(5)
Other liabilities assumed(11)
Net assets acquired$44 
Goodwill on acquisition101 
Total purchase price$145 
The purchase price allocation to assets acquired and liabilities assumed was as follows (in millions):
Identifiable intangible assets$114 
Right-of-use lease asset11 
Inventories
Deferred tax assets
Other assets acquired
Lease liability(11)
Other liabilities assumed(4)
Net assets acquired$125 
Goodwill on acquisition176 
Total purchase price$301 
Schedule of Preliminary Purchase Price Allocation to Identifiable Intangible Assets Acquired
The purchase price allocation to identifiable intangible assets acquired was as follows:
Fair Value (in millions)Useful Life (in years)
Customer and other relationships$232 11
Technology and patents63 7
Trade names2
Total identifiable intangible assets$297 
The purchase price allocation to identifiable intangible assets acquired was as follows:
Fair Value (in millions)Useful Life (in years)
Technology and patents$39 8
Customer and other relationships2
Trade names2
Total identifiable intangible assets$47 
The 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 relationships2
Trade names5
Total identifiable intangible assets$114