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Business Combinations | 12 Months Ended
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Dec. 31, 2024
Business Combinations [Abstract] |
Business Combinations | Acquisitions completed during each of the three years ended December 31, 2024, 2023 and 2022 were not individually or in the aggregate material to our operations. Accordingly, pro forma results have not been presented. The primary items that generated goodwill are the acquired assembled workforces and synergies between the acquired companies and us, neither of which qualify as an identifiable intangible asset. 2024 On January 22, 2024, through the execution of a share purchase agreement, we acquired 100% owners hip in Thirdera, an Elite ServiceNow Partner specializing in advisory, implementation and optimization solutions related to the ServiceNow platform. On August 26, 2024, through the execution of a merger agreement, we acquired 100% ownership in Belcan, a leading global supplier of engineering research & development services for the commercial aerospace, defense, space, marine and industrial verticals. We paid $1,195 million in cash, net of cash acquired, and issued 1,470,589 shares of our Class A common stock, valued at $113 million, in connection with our acquisition of Belcan. The allocations of purchase price to the fair value of the aggregate assets acquired and li abilities assumed were as follows:
(in millions) | Thirdera |  | Belcan |  | Total |  | Weighted Average Useful Life
Cash | $ | 8 |  |  | $ | 55 |  |  | $ | 63 |  |  |
Trade accounts receivable | 21 |  |  | 173 |  |  | 194 |  |  |
Other current assets | 11 |  |  | 22 |  |  | 33 |  |  |
Property and equipment and other noncurrent assets | 2 |  |  | 22 |  |  | 24 |  |  |
Operating lease assets | — |  |  | 55 |  |  | 55 |  |  |
Non-deductible goodwill | 180 |  |  | 614 |  |  | 794 |  |  |
Tax-deductible goodwill | 164 |  |  | — |  |  | 164 |  |  |
Customer relationship assets | 73 |  |  | 539 |  |  | 612 |  |  | 11.0 years
Other definite-lived intangible assets | 1 |  |  | — |  |  | 1 |  |  | 1.0 years
Indefinite-lived intangible assets | — |  |  | 45 |  |  | 45 |  |  |
Operating lease liabilities, current | — |  |  | (8) |  |  | (8) |  |  |
Other current liabilities | (29) |  |  | (72) |  |  | (101) |  |  |
Deferred income tax liabilities, net | (3) |  |  | (34) |  |  | (37) |  |  |
Operating lease liabilities, noncurrent | — |  |  | (48) |  |  | (48) |  |  |
Purchase price | $ | 428 |  |  | $ | 1,363 |  |  | $ | 1,791 |  |  |
Goodwill from our acquisition of Thirdera is expected to benefit all of our reportable segments and has been allocated as such. Goodwill from our acquisition of Belcan has been allocated to our Product and Resources segment. For the year ended December 31, 2024, revenues from acquisitions completed in 2024, since the dates of acquisition, wer e $384 million. The above allocations are preliminary and will be finalized as soon as practicable within the measurement period, but in no event later than one year following the date of acquisition. 2023 In 2023, we acquired 100% owners hip in each of the following: •Certain net assets of OneSource Virtual, the professional and application management services business of OneSource Virtual, Inc. and OneSource Virtual (UK) Ltd., a leading provider of Workday services, solutions and products, acquired to complement our existing finance and human resources advisory implementation services related to Workday (acquired January 1, 2023), and •Mobica, an IoT software engineering services provider, acquired to expand our IoT embedded software engineering capabilities (acquired March 10, 2023). The allocations of purchase price to the fair value of the aggregate assets acquired and li abilities assumed were as follows:
(in millions) | OneSource Virtual |  | Mobica |  | Total |  | Weighted Average Useful Life
Cash | $ | — |  |  | $ | 20 |  |  | $ | 20 |  |  |
Trade accounts receivable | — |  |  | 10 |  |  | 10 |  |  |
Other current assets | 4 |  |  | 8 |  |  | 12 |  |  |
Property and equipment and other assets | 1 |  |  | 6 |  |  | 7 |  |  |
Non-deductible goodwill | 18 |  |  | 202 |  |  | 220 |  |  |
Tax-deductible goodwill | 88 |  |  | — |  |  | 88 |  |  |
Customer relationship assets | 11 |  |  | 120 |  |  | 131 |  |  | 10.9 years
Current liabilities | (18) |  |  | (9) |  |  | (27) |  |  |
Noncurrent liabilities | (1) |  |  | (32) |  |  | (33) |  |  |
Purchase price | $ | 103 |  |  | $ | 325 |  |  | $ | 428 |  |  |
For the year ended December 31, 2023, revenues from acquisitions completed in 2023, since the dates of acquisition, wer e $130 million. 2022 In 2022, we acquired 100% owners hip in each of the following: •AustinCSI, a digital transformation consultancy specializing in enterprise cloud and data analytics advisory services, acquired to complement our technology and industry expertise (acquired December 15, 2022), and •Utegration, a full service consulting and solutions provider specializing in SAP technology and SAP-certified products for the energy and utilities sectors, acquired to expand and strengthen our industry expertise in our SAP practice (acquired December 19, 2022). The allocations of purchase price to the fair value of the assets acquired and li abilities assumed were as follows:
(dollars in millions) | AustinCSI |  | Utegration |  |  |  | Total |  | Weighted Average Useful Life
Cash | $ | — |  |  | $ | 5 |  |  |  |  | $ | 5 |  |  |
Trade accounts receivable | 9 |  |  | 19 |  |  |  |  | 28 |  |  |
Property and equipment and other assets | 4 |  |  | 6 |  |  |  |  | 10 |  |  |
Non-deductible goodwill | — |  |  | 23 |  |  |  |  | 23 |  |  |
Tax-deductible goodwill | 83 |  |  | 98 |  |  |  |  | 181 |  |  |
Customer relationship assets | 69 |  |  | 82 |  |  |  |  | 151 |  |  | 12.7 years
Other intangible assets | — |  |  | 2 |  |  |  |  | 2 |  |  | 6.7 years
Current liabilities | (3) |  |  | (18) |  |  |  |  | (21) |  |  |
Noncurrent liabilities | (1) |  |  | (3) |  |  |  |  | (4) |  |  |
Purchase price | $ | 161 |  |  | $ | 214 |  |  |  |  | $ | 375 |  |  |
For the year ended December 31, 2022, revenues from acquisitions completed in 2022, since the dates of acquisition, were immaterial.

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