Business Combinations and Asset Acquisitions (Tables)

3 Months Ended

Mar. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Business Acquisitions, by Acquisition

(In millions)	Stoller		Symborg
Assets
Cash and cash equivalents	$	95	$	—
Accounts and notes receivable	238		16
Inventories	86		10
Other current assets	26		1
Property, plant and equipment	51		3
Goodwill	381		138
Other intangible assets	655		298
Deferred income taxes	7		—
Other assets	8		2
Total assets acquired	$	1,547	$	468
Liabilities
Short-term borrowings	59		—
Accounts payable	25		12
Income taxes payable	2		—
Accrued and other current liabilities	60		12
Long-term debt	3		—
Deferred income tax liabilities	154		74
Other noncurrent obligations	20		—
Total liabilities assumed	$	323	$	98
Net assets acquired	$	1,224	$	370

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

Intangible Assets	Stoller			Symborg
(In millions)	Fair Value		Weighted-Average Amortization Period (Years)	Fair Value		Weighted-Average Amortization Period (Years)
Intangible assets with finite lives:
Customer-related	$	491	13	$	—	—
Developed technology	121		14	229		12
Trademarks/trade names	43		15	55		12
Total intangible assets with finite lives	655		13	284		12
Intangible assets with infinite lives:
IPR&D	—		—	14		—
Total intangible assets with infinite lives	—		—	14		—
Total intangible assets	$	655		$	298