Acquisitions (Tables)

6 Months Ended

Jun. 29, 2024

The following table presents the preliminary purchase price allocation at estimated fair values as of the date of acquisition:


(in millions)
Assets acquired:
Cash and cash equivalents	$	47
Accounts receivable	49
Inventories	250
Other current assets	32
Property, plant and equipment	63
Goodwill (1)	393
Intangible assets	770
Other assets	69
Total assets acquired	1,673
Liabilities assumed:
Accounts payable	48
Accrued liabilities	73
Other liabilities	147
Total liabilities assumed	268
Net assets acquired	$	1,405

(1) Goodwill from this acquisition is partially deductible for tax purposes.