ACQUISITION - ALLOCATION OF PURCHASE PRICE (Tables)

9 Months Ended

Mar. 31, 2019

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The preliminary allocation of the purchase price is based on the best estimates of management and is subject to revision based on final determination of fair values of the assets and liabilities acquired, which will be completed as we complete our analysis of the underlying assets and acquired liabilities, such as pensions, litigation cases, environmental issues, and tax positions.

Amounts in millions	November 30, 2018
Current assets	$	392
Property, plant and equipment	122
Intangible assets	2,111
Goodwill	2,014
Other non-current assets	144
Total Assets Acquired	$	4,783
Current liabilities	$	237
Deferred income taxes	661
Non-current liabilities	60
Total Liabilities Acquired	$	958
Noncontrolling Interest (1)	$	169
Net Assets Acquired	$	3,656

⁽¹⁾  Represents a 48% minority ownership interest in the Merck India company.