ACQUISITIONS AND DIVESTITURES OF BUSINESSES (Tables)

12 Months Ended

Dec. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The final allocation as of the date of acquisition follows:

(In millions)	Final Allocation
Short-term investments	$	5
Accounts receivable	93
Inventory	179
Prepaid expenses and other current assets	5
Property, plant and equipment	1
Other intangible assets	604
Other assets	2
Accounts payable	(13)
Other current liabilities	(34)
Other noncurrent liabilities	(167)
Total identifiable net assets	675
Goodwill	976
Total consideration, net of cash received	$	1,651

The final allocation as of the date of acquisition follows:

(In millions)	Final Allocation
Accounts receivable	$	84
Inventory	178
Prepaid expenses and other current assets	50
Property, plant and equipment	97
Other intangible assets	1,462
Other assets	15
Accounts payable	(40)
Other current liabilities	(202)
Other noncurrent liabilities	(108)
Total identifiable net assets	1,536
Goodwill	1,264
Total consideration, net of cash received	$	2,800

The final allocation as of the date of acquisition follows:

(In millions)	Final Allocation
Accounts receivable	$	35
Inventory	46
Prepaid expenses and other current assets	1
Property, plant and equipment	31
Other intangible assets	341
Other assets	8
Accounts payable	(25)
Other current liabilities	(14)
Other noncurrent liabilities	(68)
Total identifiable net assets	355
Goodwill	255
Total consideration, net of cash received	$	610