v3.20.4
Acquisition (Tables)
12 Months Ended
Dec. 31, 2020
Business Combinations [Abstract]  
Summary of Fair Values of Assets Acquired and Liabilities Assumed A summary of the fair values of the assets acquired and liabilities assumed in this acquisition is as follows:

 

 

 

 

 

 

 

 

 

 

(in millions)

 

Fair Value

 

Accounts receivable

 

$

61

 

Finite-lived intangible assets:

 

 

 

 

Customer relationships

 

 

400

 

Technology-related

 

 

203

 

Trade name

 

 

14

 

Goodwill

 

 

1,044

 

Other assets

 

 

49

 

Deferred income tax liabilities

 

 

(146

)

Other liabilities assumed

 

 

(125

)

Total consideration, net of cash acquired

 

$

1,500

 

 

 

 

 

 

Summary of consideration, net of cash acquired:

 

 

 

 

Cash paid including settlement of outstanding debt of approximately $0.2 billion

 

$

1,555

 

Cash acquired

 

 

(55

)

Total consideration, net of cash acquired

 

$

1,500