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Acquisitions & Divestitures (Tables) | 3 Months Ended
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Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract] |
Business acquisition, purchase price allocation | The following table reflects the purchase price related to these acquisitions and the resulting purchase price allocations as of March 31, 2025.
(Dollars in millions) |  | Amortization Life (in years) |  |  |  | HashiCorp, Inc. (HashiCorp) |  | Other Acquisitions
Current assets (1) |  |  |  |  |  | $ | 1,451 |  |  | $ | 66 |
Property, plant and equipment/noncurrent assets |  |  |  |  |  | 457 |  |  | 12 |
Intangible assets: |  |  |  |  |  |  |  |
Goodwill |  | N/A |  |  |  | 4,674 |  |  | 343 |
Client relationships |  | 7-13 |  |  |  | 980 |  |  | 230 |
Completed technology |  | 5-7 |  |  |  | 770 |  |  | 16 |
Trademarks |  | 2-7 |  |  |  | 85 |  |  | 4 |
Total assets acquired |  |  |  |  |  | $ | 8,417 |  |  | $ | 671 |
Current liabilities |  |  |  |  |  | 477 |  |  | 26 |
Noncurrent liabilities |  |  |  |  |  | 507 |  |  | 61 |
Total liabilities assumed |  |  |  |  |  | $ | 984 |  |  | $ | 87 |
Total purchase price |  |  |  |  |  | $ | 7,433 |  |  | $ | 583 |
(1)Include $929 million of cash and cash equivalents and $331 million of short-term marketable securities acquired from HashiCorp. N/A – not applicable
Business acquisition, consideration paid | The following table reflects the consideration paid related to the acquisition.
(Dollars in millions) |  |  |  | Total Consideration (1)
Cash paid for outstanding HashiCorp common stock |  |  |  | $ | 7,212 |
Cash paid for HashiCorp equity awards |  |  |  | 178 |
Cash consideration |  |  |  | $ | 7,390 |
Fair value of stock-based compensation awards attributable to pre-acquisition services |  |  |  | 40 |
Settlement of pre-existing relationships |  |  |  | 3 |
Total consideration |  |  |  | $ | 7,433 |
(1)As part of the assets acquired, the company received $929 million of cash and cash equivalents and $331 million of short-term marketable securities from HashiCorp.

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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