XML 44 R50.htm IDEA: XBRL DOCUMENT v2.4.1.9
Acquisitions - Summary of Purchase Price Allocation Initially Recorded on Consolidated Balance Sheet for all Acquisitions (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Business Combinations [Abstract]    
Goodwill $ 253us-gaap_GoodwillAcquiredDuringPeriod [1],[2] $ 30us-gaap_GoodwillAcquiredDuringPeriod [1],[3]
Intangible assets 194us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles [4] 19us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles [5]
Net tangible liabilities (7)us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities [6] (10)us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities [7]
Deferred tax liabilities, net (40)us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilitiesNoncurrent  
Total purchase price consideration 400us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet [8] 40us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet [9]
Deferred tax assets   $ 1us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssetsNoncurrent
[1] The additions to goodwill relate to our business acquisitions. See “Note 3— Acquisitions,” for further information.
[2] Goodwill in the amount of $5 million is expected to be deductible for tax purposes.
[3] Goodwill in the amount of $14 million is expected to be deductible for tax purposes.
[4] Identifiable definite-lived intangible assets acquired during 2014 were comprised of trade names of $44 million with a weighted average life of 10.0 years, customer lists and supplier relationships of $82 million with a weighted average life of 7.2 years, subscriber relationships of $25 million with a weighted average life of 6.0 years and developed technology and other of $43 million with a weighted average life of 4.9 years. The overall weighted-average life of the identifiable definite-lived intangible assets acquired in the purchase of the companies during 2014 was 7.2 years, and will be amortized on a straight-line basis over their estimated useful lives from acquisition date.
[5] Identifiable definite-lived intangible assets acquired during 2013 were comprised of trade names of $8 million, subscriber relationships of $8 million, and developed technology and other of $3 million. The overall weighted-average life of the identifiable definite-lived intangible assets acquired in the purchase of the companies during 2013 was 8.0 years, which is being amortized on a straight-line basis over their estimated useful lives from acquisition date.
[6] Includes assets acquired, including cash of $62 million and accounts receivable of $25 million and liabilities assumed, including deferred merchant payables of $76 million, accrued expenses and other current liabilities of $15 million and deferred revenue of $5 million which reflect their respective fair values at acquisition date.
[7] Includes assets acquired, including cash of $3 million and accounts receivable of $2 million and liabilities assumed, including accounts payables of $11 million, accrued expenses and other current liabilities of $1 million and deferred revenue of $3 million which reflected their respective fair values at acquisition date.
[8] Subject to adjustment based on (i) final working capital adjustment calculations to be determined for Restopolis and Iens, and (ii) indemnification obligations for general representations and warranties of the acquired company stockholders.
[9] Subject to adjustment based on (i) indemnification obligations for general representations and warranties of the acquired company stockholders.