Acquisitions & Divestitures (Tables)

3 Months Ended

Mar. 31, 2026

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 and the resulting purchase price allocation as of March 31, 2026.

($ in millions)	Amortization Life (in years)	Confluent
Current assets (1)		$	2,483
Property, plant and equipment/noncurrent assets		95
Intangible assets:
Goodwill	N/A	7,225
Client relationships	12	2,122
Completed technology	7	1,590
Trademarks	5	122
Total assets acquired		$	13,638
Current liabilities (2)		1,798
Noncurrent liabilities		249
Total liabilities assumed		$	2,047
Total purchase price		$	11,590

(1)Includes $1,165 million of cash and cash equivalents and $917 million of short-term marketable securities acquired from Confluent at the acquisition date. Short-term marketable securities were sold by March 31, 2026.

(2)Includes $1,100 million of short-term debt related to convertible notes acquired from Confluent that were recognized at fair value on the acquisition date. The notes were settled on April 15, 2026.

N/A – not applicable

Business acquisition, consideration paid

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

($ in millions)	Total Consideration (1)
Cash paid for outstanding Confluent common stock	$	11,268
Cash paid for Confluent equity awards	269
Cash consideration	$	11,537
Fair value of stock-based compensation awards attributable to pre-acquisition services	53
Total consideration	$	11,590

(1)As part of the assets acquired, the company received $1,165 million of cash and cash equivalents and $917 million of short-term marketable securities from Confluent at the acquisition date.