Acquisitions (Tables)

9 Months Ended

Sep. 30, 2015

Business Combinations [Abstract]

Schedule of Purchase Price Allocation

Following is the purchase price allocation detail (in millions):

	As of September 30, 2015
Purchase price including contingent consideration				$	431
Less: cash acquired					(29	)
Net purchase price					402
Fair value of net assets acquired:
Current assets other than cash		145
Property, plant and equipment		50
Trade names (weighted average useful lives of 7 years)		22
Customer relationships (weighted average useful lives of 8    years)		62
Current liabilities		(69	)
Deferred tax liabilities, net		(28	)
Other non-current liability		(1	)
Total fair value of net assets acquired					181
Goodwill (1)				$	221

⁽¹⁾ The amount of goodwill represents the excess of its purchase price over the fair value of net assets acquired.