XML 41 R25.htm IDEA: XBRL DOCUMENT
v3.25.1

Business Combinations, Asset Acquisitions, and Joint Venture Formation (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] |
Business Combination, Recognized Asset Acquired and Liability Assumed | The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date for ION and GIA:
(in millions) | ION |  | GIA
Identifiable intangible assets: |  |  |
Customer contracts (1) | $ | 235 |  |  | $ | — |
Trademarks (2) | 78 |  |  | 256 |
Non-competition agreements (3) | — |  |  | 24 |
Total identifiable intangible assets acquired | 313 |  |  | 280 |
Identifiable net assets/(liabilities): |  |  |
Cash and equivalents | 8 |  |  | 76 |
Trade receivables, net | 59 |  |  | 195 |
Inventories | 4 |  |  | 21 |
Prepaid expenses and other | 5 |  |  | 13 |
Property and equipment, net | 32 |  |  | 67 |
Other assets | 45 |  |  | 287 |
Accounts payable | (10) |  |  | (89) |
Current portion of long-term obligations and other short-term borrowings | (3) |  |  | (1) |
Other accrued liabilities | (38) |  |  | (171) |
Long-term obligations, less current portion | (14) |  |  | (15) |
Deferred income taxes and other liabilities | (88) |  |  | (209) |
Total identifiable net assets/(liabilities) acquired | 313 |  |  | 454 |
Noncontrolling interest | (151) |  |  | (884) |
Goodwill | 908 |  |  | 3,241 |
Total net assets acquired | $ | 1,070 |  |  | $ | 2,811 |
(1) The weighted-average useful life of customer contracts is 20 years. (2) The weighted-average useful life of trademarks is 10 years. (3) The weighted-average useful life of non-competition agreements is 4 years.

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of asset acquired and liability assumed in business combination and recognized at acquisition date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration