Business combination (Tables) - Vricon

9 Months Ended

Sep. 30, 2021

Business combination

Schedule of unaudited pro forma financial information

	Nine Months Ended
	September 30, 2020
Revenues	$	1,267
Net income	$	342

Schedule of fair value of the consideration transferred and the preliminary estimated fair values of the major classes of assets acquired and liabilities assumed

	July 1, 2020
Call option purchase price	$	117
Fair value of existing equity interest		117
Cash settlement of equity awards		26
Purchase consideration	$	260
Assets
Cash and cash equivalents	$	23
Trade and other receivables, net		9
Property, plant and equipment, net		3
Intangible assets, net		73
Other assets		7
Total assets	$	115
Liabilities
Accounts payable	$	1
Accrued liabilities		3
Deferred income tax liability		17
Other current liabilities		6
Total liabilities		27
Fair value of net identifiable assets acquired		88
Goodwill	$	172

Summary of intangible assets acquired

	Carrying value		Remaining useful life
Finite-lived intangible assets:
Backlog	$	21		2 years
Trademarks		1		1 year
Existing technology		49		9 years
Existing software		2		2 - 3 years
Total intangible assets	$	73