v3.26.1
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 assets95 
Intangible assets:
 GoodwillN/A7,225 
 Client relationships122,122 
 Completed technology71,590 
 Trademarks5122 
Total assets acquired$13,638 
Current liabilities (2)
1,798 
Noncurrent liabilities249 
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 awards269 
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.