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ACQUISITIONS, DIVESTITURES AND ASSET SALES (Tables) | 6 Months Ended
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Jun. 30, 2023
Business Combinations [Abstract] |
Schedule of Business Acquisitions Consideration Transferred | As of the acquisition date, the fair value of consideration transferred consisted of the following:
(In millions) | January 3, 2023
Purchase price | $ | 1,958 |
Estimated net working capital and other adjustments | 15 |
Cash consideration paid | 1,973 |
Settlement of preexisting relationship(1) | 1
Fair value of consideration transferred | $ | 1,974 |
_______________ (1)Prior to the acquisition, we had a preexisting relationship with Viasat’s TDL business in the normal course of business. As of the acquisition date, our CS segment had a receivable from Viasat’s TDL business with a fair value of $1 million that was settled in connection with the acquisition. The following table summarizes the preliminary allocation of the fair value of consideration transferred to assets acquired and liabilities assumed as of the acquisition date and the measurement period adjustments recorded since the acquisition date through June 30, 2023:
| January 3, 2023
(In millions) | Preliminary |  | Measurement Period Adjustments, Net 1 |  | Preliminary Adjusted
Receivables | $ | 28 |  |  | $ | — |  |  | $ | 28 |
Contract assets | 18 |  |  | — |  |  | 18 |
Inventories | 164 |  |  | 1 |  |  | 165 |
Other current assets | 9 |  |  | — |  |  | 9 |
Property, plant and equipment | 50 |  |  | — |  |  | 50 |
Operating lease right-of-use assets | 12 |  |  | — |  |  | 12 |
Goodwill | 1,014 |  |  | 103 |  |  | 1,117 |
Other intangible assets | 850 |  |  | (98) |  |  | 752 |
Deferred income taxes | 33 |  |  | 2 |  |  | 35 |
Other non-current assets | 6 |  |  | (1) |  |  | 5 |
Total assets acquired | $ | 2,184 |  |  | $ | 7 |  |  | $ | 2,191 |
Accounts payable | $ | 20 |  |  | $ | — |  |  | $ | 20 |
Contract liabilities | 28 |  |  | — |  |  | 28 |
Compensation and benefits | 2 |  |  | — |  |  | 2 |
Other accrued items | 119 |  |  | 1 |  |  | 120 |
Operating lease liabilities | 10 |  |  | — |  |  | 10 |
Other long-term liabilities | 31 |  |  | 6 |  |  | 37 |
Total liabilities assumed | $ | 210 |  |  | $ | 7 |  |  | $ | 217 |
Net assets acquired | $ | 1,974 |  |  | $ | — |  |  | $ | 1,974 |
_______________ (1)Fair value adjustments during the quarter ended June 30, 2023 primarily related to refined assumptions in the valuation of customer relationship intangible assets.
Schedule of Identifiable Intangible Assets Acquired | The preliminary fair value of identifiable intangible assets acquired as of the acquisition date is as follows:
| Total |  | Useful Lives
| (In millions) |  | (In Years)
Developed technology | $ | 346 |  |  | 17
Customer relationships:(1) |  |  |
Backlog | 83 |  |  | 2
Government programs | 323 |  |  | 16
Total customer relationships | 406 |  |  |
Total identifiable intangible assets acquired | $ | 752 |  |  |
_______________ (1)TDL had backlog and government programs intangible assets that we classified as customer relationships.

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- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 + Details
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