Acquisitions/Divestitures (Tables)

6 Months Ended

Jun. 30, 2015

Acquisitions/Divestitures:

Business acquisition, purchase price allocation

		Amortization			Total
(Dollars in millions)		Life (in yrs.)			Acquisitions
Current assets				$	17
Fixed assets/noncurrent assets					54
Intangible assets:
	Goodwill		N/A		527
	Completed technology		5-7		74
	Client relationships		7		41
	Patents/trademarks		3-5		12
Total assets acquired					725
Current liabilities					(14)
Noncurrent liabilities					(51)
Total liabilities assumed					(65)
Total purchase price				$	660
N/A - not applicable

Discontinued operation, summarized financial information

	Three Months Ended June 30,				Six Months Ended June 30,
(Dollars in millions)	2015		2014		2015		2014
Total revenue	$	381	$	317	$	720	$	565
Loss from discontinued operations, before tax	$	(74)	$	(177)	$	(179)	$	(379)
Loss on disposal, before tax		(37)		—		(51)		—
Total loss from discontinued operations,
before income taxes	$	(111)	$	(177)	$	(230)	$	(379)
Provision/(benefit) for income taxes		(34)		(62)		(65)		(119)
Loss from discontinued operations, net of tax	$	(77)	$	(115)	$	(165)	$	(261)
					At June 30,		At December 31,
(Dollars in millions)						2015		2014
Assets:
Accounts receivable					$	207	$	245
Inventory						348		380
Property, plant & equipment – net						—		—
Other assets						106		92
Total assets					$	661	$	717
Liabilities:
Accounts payable					$	207	$	177
Deferred income						74		87
Other liabilities						196		163
Total liabilities					$	478	$	427