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Acquisitions and Dispositions of Businesses (Tables) | 12 Months Ended
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Dec. 31, 2020
Business Combinations and Discontinued Operations and Disposal Groups [Abstract] |
Consideration Transferred and Preliminary Value of Intangible Assets | The following table includes the preliminary fair values of consideration transferred, assets acquired, and liabilities assumed as a result of the Company’s acquisitions (in millions):
| For the year ended December 31, 2020
Consideration transferred |
Cash | $ | 385 |
Deferred, contingent, and other consideration | 34 |
Aggregate consideration transferred | $ | 419 |
Assets acquired |
Cash and cash equivalents | $ | 17 |
Receivables, net | 19 |
Goodwill | 314 |
Intangible assets, net | 83 |
Current assets | 16 |
Non-current assets | 12 |
Total assets acquired | 461 |
Liabilities assumed |
Current liabilities | 27 |
Non-current liabilities | 15 |
Total liabilities assumed | 42 |
Net assets acquired | $ | 419 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121647850&loc=d3e4845-128472 + Details
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