BUSINESS COMBINATIONS (Tables)

9 Months Ended

Sep. 30, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of Intangible Assets Acquired

Identifiable intangible assets acquired were as follows:

			Weighted Average
			Useful Life
(in millions, except for useful life)	Amount		(in years)
In-process R&D	$	3	Indefinite
Total	$	3

Identifiable intangible assets acquired were as follows:

			Weighted Average
			Useful Life
(in millions, except for useful life)	Amount		(in years)
Developed technology	$	66	10
Total	$	66

Identifiable intangible assets acquired were as follows:

			Weighted Average
			Useful Life
(in millions, except for useful life)	Amount		(in years)
Developed technology	$	66	15
In-process R&D	10		Indefinite
Total	$	76

Intangible assets acquired were as follows:

			Weighted Average
			Useful Life
(in millions, except for useful life)	Amount		(in years)
Non-compete agreements	$	16	5
Technology know-how	210		10
Tradenames and trademarks	190		20
Total	$	416

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The preliminary fair values of the assets acquired and liabilities assumed in connection with the Propel Orthodontics acquisition were as follows:

(in millions)
Other current assets	$	4
Intangible assets	66
Current liabilities	(1)
Net assets acquired	69
Goodwill	63
Purchase consideration	$	132

The preliminary fair values of the assets acquired and liabilities assumed in connection with the Datum acquisition were as follows:

(in millions)
Cash and cash equivalents	$	2
Other current assets	2
Intangible assets	76
Current liabilities	(2)
Other long-term assets (liabilities), net	(14)
Net assets acquired	64
Goodwill	39
Purchase consideration	$	103

The preliminary fair values of the assets acquired and liabilities assumed in connection with the Byte acquisition for the year ended December 31, 2020 were as follows:

(in millions)
Cash and cash equivalents	$	14
Current assets	17
Intangible assets	416
Current liabilities	(28)
Net assets acquired	419
Goodwill	626
Purchase consideration	$	1,045