Acquisitions and Divestitures (Tables)

6 Months Ended

Jun. 30, 2024

Business Combinations [Abstract]

Schedule of Preliminary Amounts Recognized for Assets Acquired and Liabilities Assumed

Details of the fair value amounts recognized for assets acquired and liabilities assumed as of the acquisition date:

(Dollars in Billions)
Assets acquired:
Cash	$1.1
Goodwill	7.5
Amortizable intangibles	5.3
IPR&D	0.6
Inventory	0.5
Other assets	0.5
Total assets acquired	$15.5
Liabilities assumed:
Deferred taxes	$1.5
Notes payable*	1.0
Accrued liabilities**	0.4
Total liabilities assumed	$2.9
Net assets acquired	$12.6
Net assets acquired as of May 31, 2024	$12.6
Less: Cash acquired	1.1
Equity awards settled	0.6
Settlement of Note payable*	1.0
Total enterprise value as of June 30, 2024	$13.1

•Represents the convertible debt which was subsequently paid in the fiscal second quarter of 2024.

** Includes $0.2 billion of equity awards