Business Combinations (Tables)

12 Months Ended

Dec. 31, 2022

Business Combinations [Abstract]

Summary of Final Fair Values of Consideration of Assets Acquired and Liabilities Assumed

The following table summarizes the final fair values of the assets acquired and liabilities assumed at the date of the Chubb Acquisition:

Cash paid at closing	$	2,935
Working capital and net indebtedness adjustment		(42	)
Total net consideration	$	2,893
Cash	$	60
Accounts receivable		426
Inventories		68
Contract assets		183
Other current assets		25
Property and equipment		73
Operating lease right of use assets		146
Pension and post-retirement assets		626
Other noncurrent assets		8
Intangible assets		1,200
Goodwill		1,367
Accounts payable		(192	)
Contract liabilities		(162	)
Accrued expenses		(255	)
Finance and operating lease liabilities		(148	)
Pension and post-retirement obligations		(56	)
Deferred tax liabilities		(383	)
Other noncurrent liabilities		(93	)
Net assets acquired	$	2,893

The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition:

	Premier Fire			NAC			Other 2021 Acquisitions
Cash paid at closing	$	32		$	36		$	25
Accrued consideration		7			4			9
Total consideration	$	39		$	40		$	34
Cash	$	3		$	2		$	2
Current assets		10			22			6
Property and equipment		1			2			2
Intangible assets, net		14			14			10
Goodwill		17			13			19
Current liabilities		(6	)		(13	)		(5	)
Net assets acquired	$	39		$	40		$	34

Summary of Fair Value of the Identifiable Intangible Assets

The following table summarizes the fair value of the identifiable intangible assets:

Customer relationships	$	695
Trade names and trademarks		450
Contractual backlog		55
Total intangibles	$	1,200

Summary of Pro Forma Consolidated Financial Information Reflects the Results of Operations

The following pro forma consolidated financial information reflects the results of operations of the Company for the year ended December 31, 2021 as if the Chubb Acquisition and related financing had occurred as of January 1, 2021, after giving effect to certain purchase accounting and financing adjustments. These amounts are based on financial information of the Chubb business and are not necessarily indicative of what the Company’s operating results would have been had the Chubb Acquisition and related financing taken place on January 1, 2021.

	Year Ended December 31, 2021 (unaudited)
Net revenues	$	6,099
Net loss		(189	)