ACQUISITIONS AND OTHER ARRANGEMENTS (Tables)

12 Months Ended

Dec. 31, 2019

Business Combinations [Abstract]

Schedule of Total Consideration

The following table summarizes the fair value of consideration transferred:

(in millions)
Cash consideration transferred	$	197
Contingent consideration	18
Total consideration	$	215

The following table summarizes the fair value of consideration transferred:

(in millions)
Cash consideration transferred	$	163
Contingent consideration	21
Total consideration	$	184

The following table summarizes the fair value of consideration transferred:

(in millions)
Consideration transferred
Cash	$	2
Fair value of equity investment	39
Noncontrolling interest	39
Total consideration transferred	$	80

Summary of Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date:

(in millions)
Assets acquired and liabilities assumed
Cash	$	2
Accounts receivable, net	3
Inventories	1
Prepaid expenses and other current assets	1
Property, plant and equipment	1
Goodwill	111
Other intangible assets	131
Operating lease right-of-use assets	1
Accounts payable and other accrued liabilities	(4)
Other non-current liabilities	(32)
Total assets acquired and liabilities assumed	$	215

The following table summarizes the fair value of the assets acquired as of the acquisition date:

(in millions)
Assets acquired
Accounts receivable, net	$	2
Inventory	80
Goodwill	2
Other intangible assets	100
Total assets acquired	$	184

The following table summarizes the fair value of assets acquired and liabilities assumed as of the acquisition date:

(in millions)
Assets acquired and liabilities assumed
Cash	$	4
Accounts receivable, net	25
Inventories	8
Property, plant and equipment	12
Goodwill	17
Other intangible assets	40
Other non-current assets	2
Short-term debt	(4)
Accounts payable and accrued liabilities	(16)
Other non-current liabilities	(8)
Total assets acquired and liabilities assumed	$	80

The following table summarizes the fair value of the assets acquired and liabilities assumed as of the acquisition date for our acquisition of Claris:

(in millions)
Assets acquired and liabilities assumed
Cash	$	11
Accounts receivable, net	16
Inventories	30
Prepaid expenses and other current assets	16
Property, plant and equipment	130
Goodwill	296
Other intangible assets	280
Other non-current assets	20
Accounts payable and accrued liabilities	(23)
Other non-current liabilities	(136)
Total assets acquired and liabilities assumed	$	640