Acquisitions & Divestitures (Tables)

3 Months Ended

Mar. 31, 2024

Business Combination and Asset Acquisition [Abstract]

Business acquisition, purchase price allocation

The following table reflects the purchase price related to the first-quarter acquisitions and the resulting purchase price allocation as of March 31, 2024.

(Dollars in millions)	Amortization Life (in years)	All Acquisitions
Current assets		$	17
Property, plant and equipment/noncurrent assets		2
Intangible assets:
Goodwill	N/A	195
Client relationships	2-7	31
Completed technology	7	37
Trademarks	3	0
Total assets acquired		$	284
Current liabilities		13
Noncurrent liabilities		15
Total liabilities assumed		$	29
Total purchase price		$	255

N/A – not applicable