Acquisitions & Divestitures (Tables)

9 Months Ended

Sep. 30, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Business acquisition, purchase price allocation

The following table reflects the purchase price related to these acquisitions and the resulting purchase price allocations as of September 30, 2025.

(Dollars in millions)	Amortization Life (in years)	HashiCorp, Inc.  (HashiCorp)		Other Acquisitions
Current assets (1)		$	1,451	$	151
Property, plant and equipment/noncurrent assets		457		100
Intangible assets:
Goodwill	N/A	4,683		950
Client relationships	5-13	980		296
Completed technology	5-7	770		191
Trademarks	2-7	85		8
Total assets acquired		$	8,426	$	1,694
Current liabilities		478		174
Noncurrent liabilities		515		71
Total liabilities assumed		$	993	$	245
Total purchase price		$	7,433	$	1,450

(1)Includes $929 million of cash and cash equivalents and $331 million of short-term marketable securities acquired from HashiCorp at the acquisition date.

N/A – not applicable

Business acquisition, consideration paid

The following table reflects the consideration paid related to the acquisition.

(Dollars in millions)	Total Consideration (1)
Cash paid for outstanding HashiCorp common stock	$	7,212
Cash paid for HashiCorp equity awards	178
Cash consideration	$	7,390
Fair value of stock-based compensation awards attributable to pre-acquisition services	40
Settlement of pre-existing relationships	3
Total consideration	$	7,433

(1)As part of the assets acquired, the company received $929 million of cash and cash equivalents and $331 million of short-term marketable securities from HashiCorp at the acquisition date.