Acquisitions, Goodwill, and Acquired Intangible Assets (Tables)

9 Months Ended

Sep. 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	$	340
Indemnification holdback	53
	$	393
Allocation
Goodwill	$	239
Intangible assets (1):
Contract-based	1
Technology-based	181
Customer-related	4
	186
Property and equipment	1
Deferred tax assets	34
Other assets acquired	23
Deferred tax liabilities	(65		)
Other liabilities assumed	(25		)
	$	393

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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 companies acquired during the nine months ended September 30, 2015 had occurred at the beginning of 2014 (in millions):



	Nine Months Ended September 30,
	2015		2014
Net sales	$	71,261	$	59,660
Net income (loss)	$	126	$	(486	)

Goodwill

The following summarizes our goodwill activity during the nine months ended September 30, 2015 by segment (in millions):



	North America			International			AWS			Consolidated
Goodwill - January 1, 2015	$	1,978		$	735		$	606		$	3,319
New acquisitions	41			17			181			239
Other adjustments (1)	(5		)	(22		)	(2		)	(29		)
Goodwill - September 30, 2015	$	2,014		$	730		$	785		$	3,529

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(1)	Primarily includes changes in foreign exchange rates.