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Acquisitions and Divestitures (Tables)
6 Months Ended
Jun. 30, 2019
Allocation of purchase price

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2019 Acquisition Activity

 

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Finite-Lived

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Intangible-Asset

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(Millions)

    

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Weighted-Average

 

Asset (Liability)

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M*Modal

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Lives (Years)

 

Accounts receivable

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$

77

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Other current assets

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2

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Property, plant, and equipment

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8

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Purchased finite-lived intangible assets:

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Customer related intangible assets

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275

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14

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Other technology-based intangible assets

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160

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6

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Definite-lived tradenames

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11

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6

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Purchased goodwill

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517

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Other assets

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59

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Accounts payable and other liabilities

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(124)

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Interest bearing debt

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(251)

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Deferred tax asset/(liability)

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(30)

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Net assets acquired

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$

704

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Supplemental information:

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Cash paid

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$

708

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Less: Cash acquired

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4

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Cash paid, net of cash acquired

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$

704

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Approximate amounts of major assets and liabilities associated with disposal groups classified as held-for-sale

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June 30,

 

(Millions)

    

2019

 

Accounts receivable

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$

25

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Inventory

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25

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Intangible assets

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25

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