Summary of Purchase Price Allocation

The purchase price is allocated to assets acquired and liabilities assumed based upon determination of fair values at the dates of acquisition as follows:


			(Dollars in millions)
Component	Acquiree's carrying amount		Fair value adjustments			Purchase price allocated
Net assets(1)		12		—			12
Intangible assets
Customer contracts and relationships		—		34			34
Vendor relationships		—		4			4
Brand		—		3			3
Deferred tax liabilities on intangible assets		—		(10	)		(10	)
		12		31			43
Goodwill							79
Total purchase price							122

(1) Includes cash and cash equivalents acquired of $3 million

Disclosure of detailed information about business combination [line items]

Summary of Purchase Price Allocation

The purchase price is allocated to assets acquired and liabilities assumed based upon determination of fair values at the date of acquisition as follows:


				(Dollars in millions)
Component	Acquiree's carrying amount			Fair value adjustments			Purchase price allocated
Assets(*)		87			—			87
Liabilities		(43	)		—			(43	)
Intangible Assets
Customer related		—			205			205
Brand		—			18			18
Deferred tax liabilities on intangible assets					(61	)		(61	)
Goodwill								297
Loan		(118	)		—			(118	)
Total purchase price								385
Loan repayment								118
Total cash outflow								503

(*) Includes cash and cash equivalents acquired of $23 million.