Business Combinations and Asset Acquisitions (Tables)

9 Months Ended

Mar. 31, 2024

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date for Specialty Networks:

(in millions)	Specialty Networks
Identifiable intangible assets:
Customer relationships (1)	$	404
Trade names (2)	15
Developed technology (3)	20
Total identifiable intangible assets acquired	439
Identifiable net assets/(liabilities):
Cash and equivalents	23
Trade receivables, net	19
Prepaid expenses and other	2
Other accrued liabilities	(15)
Deferred income taxes and other liabilities	(109)
Total identifiable net assets/(liabilities) acquired	359
Goodwill	856
Total net assets acquired	$	1,215

(1)    The weighted-average useful life of customer relationships is 14 years.

(2)    The weighted-average useful life of trade names is 8 years.

(3)    The weighted-average useful life of developed technology is 9 years.