v3.25.4
Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combination The total consideration and the fair values of identifiable assets acquired and liabilities assumed, including
immaterial measurement period adjustments related to these acquisitions were as follows:
(In millions)
Total 2025 Acquisitions
Total consideration
$98
Total Assets and Liabilities Acquired
Inventories, net
23
Property, plant and equipment, net
43
Intangible assets
20
Other current and noncurrent assets
5
Debt assumed
(3)
Other current and noncurrent liabilities
(7)
Total identifiable net assets at fair value
81
Goodwill
17
Total estimated fair value of net assets
98
Less: fair value of previously held equity method investment
(11)
Net consideration
$87
Acquisitions of business, net of cash acquired
Cash consideration
$87
Less: cash and cash equivalents acquired
(1)
Total outflow in the statements of cash flows
$86
The total consideration and the fair values of identifiable assets acquired and liabilities assumed, including
immaterial measurement period adjustments related to these acquisitions, were as follows:
(In millions)
Total 2024 Acquisitions
Total consideration
$251
Total Assets and Liabilities Acquired
Cash and Cash Equivalents
2
Inventories, net
15
Property, plant and equipment, net
46
Intangible assets
94
Other current and noncurrent assets
9
Deferred tax liabilities
(7)
Other current and noncurrent liabilities
(11)
Total identifiable net assets at fair value
148
Goodwill
103
Total estimated fair value of net assets
251
Less: cash acquired
(2)
Net consideration
$249
Acquisitions of business, net of cash acquired
Cash consideration
$251
Less: cash and cash equivalents acquired
(2)
Total outflow in the statements of cash flows
$249
The fair value of identifiable assets acquired, liabilities assumed and consideration related to these
acquisitions were as follows:
(In millions)
Duro-Last
Others
Total 2023 Acquisitions
Total consideration
$1,313
$304
$1,617
Total Assets and Liabilities Acquired
Cash and cash equivalents
$10
$—
$10
Accounts receivable
64
10
74
Inventories
52
15
67
Property, plant and equipment
70
146
216
Operating lease right-of-use assets
4
—
4
Intangible assets
484
110
594
Other assets
26
1
27
Accounts payable
(21)
(2)
(23)
Operating lease liabilities
(4)
—
(4)
Deferred income tax liabilities, net
(41)
(37)
(78)
Other liabilities
(60)
(22)
(82)
Total identifiable net assets at fair value
584
221
805
Goodwill
729
83
812
Total consideration
$1,313
$304
$1,617
Acquisitions of businesses, net of cash acquired
Cash consideration
$1,313
$304
$1,617
Less: cash and cash equivalents acquired
(10)
—
(10)
Total outflow in the consolidated statements of cash flows
$1,303
$304
$1,607
Business Combination, Recognized Asset Acquired and Liability Assumed The total consideration and the fair values of identifiable assets acquired and liabilities assumed, including
immaterial measurement period adjustments related to these acquisitions were as follows:
(In millions)
Total 2025 Acquisitions
Total consideration
$98
Total Assets and Liabilities Acquired
Inventories, net
23
Property, plant and equipment, net
43
Intangible assets
20
Other current and noncurrent assets
5
Debt assumed
(3)
Other current and noncurrent liabilities
(7)
Total identifiable net assets at fair value
81
Goodwill
17
Total estimated fair value of net assets
98
Less: fair value of previously held equity method investment
(11)
Net consideration
$87
Acquisitions of business, net of cash acquired
Cash consideration
$87
Less: cash and cash equivalents acquired
(1)
Total outflow in the statements of cash flows
$86
The total consideration and the fair values of identifiable assets acquired and liabilities assumed, including
immaterial measurement period adjustments related to these acquisitions, were as follows:
(In millions)
Total 2024 Acquisitions
Total consideration
$251
Total Assets and Liabilities Acquired
Cash and Cash Equivalents
2
Inventories, net
15
Property, plant and equipment, net
46
Intangible assets
94
Other current and noncurrent assets
9
Deferred tax liabilities
(7)
Other current and noncurrent liabilities
(11)
Total identifiable net assets at fair value
148
Goodwill
103
Total estimated fair value of net assets
251
Less: cash acquired
(2)
Net consideration
$249
Acquisitions of business, net of cash acquired
Cash consideration
$251
Less: cash and cash equivalents acquired
(2)
Total outflow in the statements of cash flows
$249
The fair value of identifiable assets acquired, liabilities assumed and consideration related to these
acquisitions were as follows:
(In millions)
Duro-Last
Others
Total 2023 Acquisitions
Total consideration
$1,313
$304
$1,617
Total Assets and Liabilities Acquired
Cash and cash equivalents
$10
$—
$10
Accounts receivable
64
10
74
Inventories
52
15
67
Property, plant and equipment
70
146
216
Operating lease right-of-use assets
4
—
4
Intangible assets
484
110
594
Other assets
26
1
27
Accounts payable
(21)
(2)
(23)
Operating lease liabilities
(4)
—
(4)
Deferred income tax liabilities, net
(41)
(37)
(78)
Other liabilities
(60)
(22)
(82)
Total identifiable net assets at fair value
584
221
805
Goodwill
729
83
812
Total consideration
$1,313
$304
$1,617
Acquisitions of businesses, net of cash acquired
Cash consideration
$1,313
$304
$1,617
Less: cash and cash equivalents acquired
(10)
—
(10)
Total outflow in the consolidated statements of cash flows
$1,303
$304
$1,607
Business Combination, Intangible Asset, Acquired, Finite-Lived and Indefinite-Lived The purchase price allocated to identifiable intangible assets was as follows:
(In millions)
Duro-Last
Others
Total 2023 Acquisitions
Weighted-Average Life (in years)
Customer relationships
$372
$—
$372
16
Trade names and trademarks
71
—
71
25
Developed technology
41
—
41
20
Others
—
110
110
—
Total identified intangible assets
$484
$110
$594