Acquisitions, Goodwill, and Acquired Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2015

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The aggregate purchase price of these acquisitions was allocated as follows (in millions):



Purchase Price
Cash paid, net of cash acquired	$	303
Indemnification holdback	46
	$	349
Allocation
Goodwill	$	218
Intangible assets (1):
Contract-based	1
Technology-based	155
Customer-related	4
	160
Property and equipment	1
Deferred tax assets	27
Other assets acquired	20
Deferred tax liabilities	(54		)
Other liabilities assumed	(23		)
	$	349

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(1)	Acquired intangible assets have estimated useful lives of between one and six years, with a weighted-average amortization period of five years.

Pro Forma Financial Information

The following financial information, which excludes certain acquired companies for which the pro forma impact is not meaningful, presents our results as if the current year acquisitions had occurred at the beginning of 2014 (in millions):



	Six Months Ended June 30,
	2015		2014
Net sales	$	45,904	$	39,082
Net income (loss)	$	32	$	(45	)

Goodwill

The following summarizes our goodwill activity in 2015 by segment (in millions):



	North America			International			AWS		Consolidated
Goodwill - January 1, 2015	$	1,978		$	735		$	606	$	3,319
New acquisitions	41			17			160		218
Other adjustments (1)	(2		)	(15		)	3		(14		)
Goodwill - June 30, 2015	$	2,017		$	737		$	769	$	3,523

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(1)	Primarily includes changes in foreign exchange rates.