Acquisition of Signode (Tables)

6 Months Ended

Jun. 30, 2018

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following table summarizes the consideration transferred to acquire Signode and the preliminary valuation of identifiable assets acquired and liabilities assumed at the acquisition date.

Fair value of consideration transferred
Cash consideration	$	3,907
Recognized amounts of identifiable assets acquired and liabilities assumed
Receivables, net	374
Inventories	303
Prepaid expenses and other current assets	45
Intangible assets, net	1,935
Property, plant and equipment, net	462
Other non-current assets	41
Short-term debt	(4		)
Accounts payable	(222		)
Accrued liabilities	(168		)
Long-term debt	(4		)
Postretirement and pension liabilities	(51		)
Other non-current liabilities	(307		)
Total identifiable net assets	$	2,404
Goodwill	$	1,503